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Industrial Innovations

 

Preventing hallucinations in generative AI
18 Apr 2024

Preventing hallucinations in generative AI

We can’t treat generative AI tools as oracles with perfect answers: they are powerful tools but they need informed user interaction
Computer vision: eyes on innovation and productivity

Computer vision: eyes on innovation and productivity

18 Apr 2024
Computer vision provides an opportunity to automate complex processes, enhance decision-making, and foster innovative services and products
Apple plans to invest more than $250 million to expand Singapore campus

Apple plans to invest more than $250 million to expand Singapore campus

18 Apr 2024
Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17. 
Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss

Nokia joins Ericsson in forecasting stronger second half after Q1 profit miss

18 Apr 2024
Finnish telecom gear maker Nokia reported a smaller-than-expected rise in quarterly profit on Thursday as sluggish demand for 5G gear in key markets North America and India continued to weigh on sales.
TSMC first-quarter profit expected to rise 5% on strong AI chip demand

TSMC first-quarter profit expected to rise 5% on strong AI chip demand

16 Apr 2024
Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.
Roblox taps ad-tech firm PubMatic to boost sales of video ads
11 Apr 2024

Roblox taps ad-tech firm PubMatic to boost sales of video ads

Roblox has hired PubMatic to help ramp up sales of new video advertisements the gaming platform expects to launch later this year, the advertising tech firm said on Wednesday.
Japan's Shin-Etsu Chemical to invest $545 million in chip materials plant

Japan's Shin-Etsu Chemical to invest $545 million in chip materials plant

09 Apr 2024
Japan semiconductor materials maker Shin-Etsu Chemical said on Tuesday it will invest around 83 billion yen ($545 million) in a factory in Gunma prefecture in the latest effort to strengthen the country’s chip supply chain. 
China's Didi, GAC Aion to mass produce robotaxis next year

China's Didi, GAC Aion to mass produce robotaxis next year

08 Apr 2024
Chinese ride-hailing giant Didi Global said its self-driving unit’s joint venture with EV maker GAC Aion has received a license to mass produce electric robotaxis in the country, and that it plans to sell the cars from next year.
South Korea's Hanwha Aerospace to spin off industrial solutions businesses from defence

South Korea's Hanwha Aerospace to spin off industrial solutions businesses from defence

05 Apr 2024
South Korea’s Hanwha Aerospace said on Friday it will spin off its semiconductor equipment and video surveillance businesses, carving out units that contributed about 16% to revenue in favour of focusing on its flagship defence division.
Xiaomi's EV buyers face month-long waits for deliveries in sign of robust demand

Xiaomi's EV buyers face month-long waits for deliveries in sign of robust demand

02 Apr 2024
China’s Xiaomi is advising potential buyers of its SU7 electric sedan that they could face waits of four to seven months, in a sign of strong demand for its first-ever vehicle.
Renault to invest $320 million, hire 550 workers to make electric vans in Northern France
01 Apr 2024

Renault to invest $320 million, hire 550 workers to make electric vans in Northern France

French car maker Renault plans to invest 300 million euros ($323.25 million) in its assembly plant located in Sandouville in northern France to make new-generation electric vans from 2026.
Apple supplier Foxconn sees strong 2024 as Q4 beats forecasts

Apple supplier Foxconn sees strong 2024 as Q4 beats forecasts

14 Mar 2024
Apple supplier Foxconn said on Thursday it expects revenue to increase significantly in 2024 following a slow start to the year amid booming demand for AI servers, after it posted fourth-quarter profit that beat market estimates.
Italian firm tests energy-saving maglev technology on railway track

Italian firm tests energy-saving maglev technology on railway track

13 Mar 2024
An Italian company has conducted what it says is the first test of magnetic levitation (maglev) transport on an existing railway track, a technology that has the potential to reduce costs and energy use as the industry seeks more efficient systems.
Huawei, SMIC used US tech to make advanced chips, Bloomberg reports

Huawei, SMIC used US tech to make advanced chips, Bloomberg reports

08 Mar 2024
Chinese companies Huawei Technologies and Semiconductor Manufacturing International Corp used US technology to produce an advanced chip in China in 2023, Bloomberg News reported, citing people with knowledge of the matter. 
Stellantis to invest $6 billion in Brazil by 2030

Stellantis to invest $6 billion in Brazil by 2030

07 Mar 2024
Carmaker Stellantis will invest 30 billion reais ($6.07 billion) in Brazil between 2025 and 2030, it said on Wednesday, aiming to launch over 40 new cars and introduce hybrid-flex vehicles in the country.

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