According to a top executive at Honda Motor Co, the company plans on building millions of electric vehicles (EV) by 2030 using three new dedicated platforms, with one of them being jointly developed with U.S. partner General Motors Co. “Honda… Read More ›
next generation
Sony examines options to expand into electric vehicles
This Spring, Sony is set to examine its options vis-à-vis the electric vehicle market as it looks to capitalize on its sensor and entertainment strengths to play a bigger role in next-generation mobility. Speaking ahead of the CES technology trade… Read More ›
Combining NDAA and USICA would benefit high profit defense contractors and chipmakers who shifted US manufacturing to China: Senator Bernie Sanders
In a statement U.S. House and Senate leaders stated, lawmakers will try to reach a final agreement on a bill aimed at boosting the competitiveness of U.S. technology vis-à-vis China’s semiconductor manufacturing. Senate Democratic Majority Leader Chuck Schumer had sought… Read More ›
Sale of F-35 stealth fighters only after UAE understands obligations
According to an official from the Biden Administration, the United States intends to move forward with the sale of 50 F-35 stealth fighter jets to the United Arab Emirates after Washington gets a clear understanding of “Emirati obligations”. “We continue… Read More ›
Abu Dhabi’s Yahsat to launch new satellite for advanced data services
In a statement the CEO of Yahsat, the newly listed satellite company that is partly owned by Mubadala, Abu Dhabi’s state investor, plans to launch a new satellite in two years, aimed at introducing advanced data services to its clients… Read More ›
Tesla extends profit run backed on record deliveries
Tesla has posted its second quarterly profit in a row following a record number of vehicle deliveries; it said it expects to deliver more than 500,000 units in 2020. With the news reaching the market on Wednesday, the electric carmaker’s… Read More ›
Brazil’s antitrust regulator Cade approves Boeing-Embraer deal
According to a statement on Brazil’s antitrust regulator Cade’s website, it has approved Boeing Co’s acquisition of Embraer SA’s commercial aviation division without restrictions. Boeing and Embraer welcomed the move with the former saying it remained confident of the deal… Read More ›
Australian Strategic Policy Institute finds Huawei Technologies sponsoring overseas trips of Australian politicians
China’s Huawei Technologies Co Ltd, the world’s biggest maker of telecommunications network equipment, is increasingly finding it difficult to break into the U.S. and Australia telecommunication market on security concerns. A report by Australian think-tank Australian Strategic Policy Institute (ASPI)… Read More ›
A no-Brexit deal will force Airbus to reconsider its presence in the U.K
Airbus sources wings for all of its commercial aircrafts from the UK. In the short term, a no-Brexit deal will impact its lead times and waiting lists for deliveries. In what is likely to be one of Airbus’ strongest warning… Read More ›
French drugmaker Sanofi enters $100 billion cancer drug treatment market
Sanofi’s strength in molecular oncology is likely to provide it a competitive edge over its peers as to what drives the growth of cancer tissues, how these cells functions and proliferation in the body. In a strategic development, French drugmaker,… Read More ›