Manufacturing

Amazon to acquire Roomba Vacuum maker iRobot for $1.65bn

The maker of the Roomba vacuum, iRobot Corp, will be acquired by Amazon for $1.65…

Will The Metaverse Lead to Shortening The Product Development Cycle?

This futuristic concept of metaverse has started to touch all our lives, irrespective of whether…

Samsung warns of weaker chip demand for phones & PCs

Samsung Electronics Co Ltd warned that as consumers buy less, chip demand from smartphone and…

Global EV demand rises by 79% in Q1 of 2022, Counterpoint Research

According to a report by Counterpoint Research, global exports of electric vehicles increased 79% annually…

Engineers develop lithium-ion batteries that work well in extreme cold and heat

There is never a lack of news regarding battery advancements. It seems like there is…

WILL THE SUPPLY CHAIN SHORTAGE IN CHIPS LEAD TO HIGHER PRICES?

The world is witnessing a global shortage in the availability of chips, which is invariably…

Battery maker Northvolt keeps $12 billion valuation following new funding round

According to a source acquainted with the situation who wanted to remain anonymous since the…

Samsung defeats TSMC in the race to be first 3-nanometer chip manufacturer

In a tight battle to create the most cutting-edge semiconductors in the world, Samsung said…

EDGE signs MoU with TROOSSMIL to explore cooperation for locally-manufactured products

Reportedly, EDGE, one of the world’s leading advanced technology groups for defence and beyond, today…

Emirates Steel Arkan to highlight its significant contribution to the UAE’s industrial sector

Reportedly, Emirates Steel Arkan, the UAE’s largest listed steel and building materials company (ADX: EMSTEEL),…