South Korea to invest $854 mn annually to produce micro-chip materials
Korea will develop homegrown materials and equipment used in the production of micro-chips...
Category : Technology
DFSA and Smart Dubai in MoU to start smart transformation
The MoU signed by Waleed Saeed Al Awadhi and Wesam Lootah was UAE’s first digitally signed MoU...
Vietnam’s Vingroup in deal with Qualcomm, Fujitsu for 5G smartphones
The company’s Vsmart phones will be manufactured in Hanoi and are expected to be launched in April next year...
Uber gets UAE ministry’s approval for $3.1bn Careem merger deal
UAE’s competition committee finds that the deal will not result in economic concentration in excess of the 40% allowed...
UAE leads in artificial intelligence investment in MEA: Study
According to a study by Microsoft and EY, the UAE leads the MEA region in AI investments with $2.5 billion in a decade...
Huawei ban shows China’s dependence on foreign chip technology
Major chipmakers like Intel and Qualcomm join Google to cut off business with Huawei, until further notice...
Hewlett-Packard’s Cray acquisition might boost competition with IBM
In the past year, Cray’s shares rose 11 percent, with a current market valuation of approximately $1.2 billion...
India demonstrates slow progress in IIoT adoption: Accenture
Partner at Accenture Saurabh Bhatnagar said IIoT could contribute $14.2 trillion to the global economy by 2030...
Samsung Ventures makes first Southeast Asia VC investment
Tech giant's VC arm invests $7m in Singapore HR Tech Swingvy's series A fundraising along with Aviva...
Low HealthTech demand in Europe hits Philips Q1 2019 sales
Despite uptick in China, comparable sales grew a measly 2%...