Prices for wind and solar power in major global markets have climbed nearly 30 percent in a year as developers have struggled with chaotic supply chains and surging costs for everything from shipping to parts to labor, according to a report published on Wednesday. Contract prices for renewables jumped 28.5 percent in North America and […]
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Around 30 Taiwanese companies, many making electronics parts, said on Wednesday that government COVID-19 control measures in eastern China had led them to suspend production until at least next week, as disruption from the measures spreads. China has put Shanghai under a tight lockdown since late March and neighbouring Kunshan has also tightened curbs to […]
To any music fanatic out there, such as myself, you’ve definitely heard of Spotify; I mean, who hasn’t. The platform is recognized by its algorithm that delivers artists every means to harness and reach the right audience. Artists are seeking one objective and one goal only: having a user press that small heart-shaped button that […]
Taiwan’s premier has called for the swift passage of revisions to laws mandating tougher punishments to prevent China from stealing its chip technology, saying the threat from the “red supply chain” needed an effective deterrence. In February, Taiwan’s Cabinet proposed toughening the rules, amid rising concern in Taipei that Beijing, which claims the democratically ruled […]
We are fast approaching an era in which smart machines and big data gathering capabilities become part and parcel of global industries. Applications of AIoT, Artificial Intelligence of Things, being used today can be seen in most high-income residential areas and big businesses. While not as widespread as it is touted to be, adoption is […]
Telecoms equipment maker Nokia is pulling out of the Russian market, its CEO told Reuters, going a step further than rival Ericsson, which said on Monday it was indefinitely suspending its business in the country. Hundreds of foreign companies are cutting ties with Russia following its Feb. 24 invasion of Ukraine and after Western sanctions […]
Japan’s Honda Motor Co Ltd said on Tuesday it plans to spend $64 billion on research and development over the next decade, laying out an ambitious target to roll out 30 electric vehicle models globally by 2030. Its goals also include producing some 2 million electric vehicles a year by 2030. The strategy marks a […]
As much as we like to believe that the tech industry has taken the world by a swift, it seems that we cannot prospect the extent to which this not-so-newly-risen industry has reached. Hitting different fields, from medicine, transport, entertainment, and much more, technology is overtaking the world and stretching towards the fashion industry. The […]
If you are going into the Non-Fungible Token (NFT) space as an investor or interacting on the internet for the past few years, you know that the NFT space is full of scams. For those new to the term, rug pulls are NFT projects that promise big and disappear with investors’ money. Whether you believed […]
Chinese battery giant Contemporary Amperex Technology has implemented a so-called “closed-loop management” system at its main factory to keep production going as the country battles an Omicron wave of the coronavirus. The southern Chinese city of Ningde, where CATL is headquartered, has tightened prevention and control efforts because of a spate of COVID-19 cases, the […]