• Thu. Jan 20th ,2022

News

TSMC plans $44B investment to rattle Samsung’s 2030 foundry race goals

Samsung Electronics’ goal of leading the foundry race by 2030 is supposedly facing a significant hurdle as competitor TSMC is reportedly preparing a $44 billion investment for this year remain at the forefront, as per reliable industry sources. Eugene Investment Securities analyst, Lee Seung-

South Korea signs $3Bn export deal with UAE for Cheongung-II missile

The government of South Korea has reportedly announced that it has inked a new deal with the United Arab Emirates (UAE) to export the nation’s proprietary mid-range surface-to-air Cheongung-II missile system, worth &₩4 trillion ($3.36 billion). According to reports, the deal marks t

Apple to allow other payment systems in iOS for South Korean users

Multinational corporation Apple Inc. reportedly said it will allow third-party payment systems in iOS apps to comply with South Korean law, which addresses monopolies by tech giants such as Google and Apple. The iPhone maker currently takes a 30% fee on any digital sale on iOS apps, which has becom

Volvo to debut self-driving tech in upcoming electric SUV in California

Volvo Cars along with self-driving sensor maker Luminar Technologies have announced the launch of a hands-free driving system named Ride Pilot in California, although the precise date of deployment is yet to be revealed. Volvo intends to use Luminar’s technology across all its EV SUVs that wi

CES 2022: LG Electronics to launch self-driving infotainment vehicle

LG Electronics, the South Korean multinational electronics giant based, has reportedly unveiled its latest in-vehicle infotainment (IVI) concept, specifically curated for autonomous vehicles at CES (Consumer Electronics Show) 2022. According to report, the new concept demonstrates how car cabins ca

Gaming platform EsportsXo secures USD 1.1 Mn in seed funding round

EsportsXo, a SaaS-based gaming platform has reportedly raised USD 1.1 million in its latest seed funding round. The fundraising was led by We Founder Circle, which is a founder-driven angel network. The latest fundraise saw participation from existing investors including Mumbai Angels Network, SOSV

China’s internet watchdog fines online platforms for illegal content

The country’s regulatory body intends to develop a ‘civilized’ internet. The CAC is also eyeing to clamp down on fake accounts and disinformation as a part of its internet ‘clean up’ drive. The Cyberspace Administration of China (CAC) has reportedly penalized Douba

Top tech brands back out from Las Vegas CES meeting amid Omicron surge

The 2022 Consumer Electronics Show (CES) scheduled to be held in Las Vegas will reportedly observe the absence of big conglomerates like Amazon, Twitter and Facebook. The firms have announced their decision of not sending teams for participation amidst growing concerns regarding the spread of the Om

Uber’s same-day delivery service now available across 6,000 U.S. cities

Uber Technologies Inc. has announced the expansion of its same-day courier service, Uber Connect to more cities in the U.S. The firm is also planning to add new features to make receiving and sending parcels easier for drivers as well as customers. For those unfamiliar, Uber Connect was launched in