Press Releases

Samsung introduces three new logic solutions to power the next generation of automobiles

Samsung Electronics, a world provider in advanced semiconductor technology, introduced three of its latest automotive chip solutions; the Exynos Auto T5123 for 5G connectivity, the Exynos Auto V7 for comprehensive in-vehicle infotainment systems and the ASIL-B certified S2VPS01 power management IC (PMIC) for the Auto V series. (more…)

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November 30, 2021

Posted by: Anasia D'mello

Automotive sensor market revenue to grow to $92bn globally by 2026

Hampshire, UK . 29th November 2021: A new report from Juniper Research has found that the automotive sensors market will grow to over $92 billion (€81.64 billion) by 2026; a 30% increase over 2021. This growth will be driven by sensors that enable automated vehicles and ADAS (Advanced Driver Assistance Systems). (more…)

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November 29, 2021

Posted by: Anasia D'mello

Renesas expands lineup of 28nm cross-domain automotive control microcontrollers

Dusseldorf, 9 November , 2021 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, introduced a powerful new group of microcontrollers (MCUs), the RH850/U2B MCUs, designed to address the growing need to integrate multiple applications into a single chip and realise a unified electronic control unit (ECU) for the evolving electrical-electronic (E/E) architecture.

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November 10, 2021

Posted by: Anasia D'mello

Lynk & Co 01: functional and fun, but misses Google automotive services

A new user experience evaluation from Strategy Analytics’ In-Vehicle UX (IVX) group has assessed the Lynk & Co 01 infotainment system, the car and mobility concept designed and engineered in Goteborg, Sweden and manufactured in Yuyao, China. (more…)

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October 29, 2021

Posted by: Anasia D'mello

AutoFill Technologies, secures multi-million-euro pre-series A funding from investors

AutoFill, a Dutch deep tech company revolutionising inspection workflow processes for the automotive and rail industries, has secured €2.6 million in pre-series A funding. (more…)

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Posted by: Anasia D'mello

Renesas acquires Israel-based Celeno for US$315mn to expand its connectivity portfolio

Tokyo, Japan, October 28, 2021 ― Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, announced it has entered into a definitive agreement with Celeno Communications, a provider of smart Wi-Fi solutions, for Renesas to acquire Celeno in an all-cash transaction. The deal values Celeno at approximately US$315 million (€269.87 million or approximately 35.9 billion yen at an exchange rate of 114 yen to the dollar), assuming certain milestone payments are made as detailed in the agreement.
(more…)

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October 28, 2021

Posted by: Anasia D'mello

Large pomp in mining

5 reasons why motor management can make or break your factory floor

Motors are the largest consumer of electrical energy in heavy industry, devouring more than 90% of available power supply. (more…)

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August 30, 2019

Posted by: IoT global network

Demand growing fast for digital twins and AI in automotive, power generation and aviation, says GE’s CDO

EXCLUSIVE INTERVIEW: Autonomous systems, supported by artificial intelligence (AI) and digital twins, are a game-changer for industrial organisations. Today we are moving away from people telling machines what to do to a world where machines tell people what to do. (more…)

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July 11, 2018

Posted by: Zenobia Hegde

A global vendor of Connected Car services, Bright Box, expands its US presence with Zurich Insurance North America

The opening of the new office signifies the importance of dealerships’ growing interest in the new innovations Bright Box is delivering as part of Zurich Insurance Group. The Schaumburg Bright Box team plan to provide unique, integrated connectivity platforms for dealerships and to offer full support for its US customers and partners. (more…)

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June 20, 2018

Posted by: Zenobia Hegde

Bridge the IT skills gap, Hal

Artificial intelligence (AI) hasn’t always had favourable representation in pop culture. In Stanley Kubrick’s 2001: A Space Odyssey (1968), homicidal supercomputer Hal demonstrated how AI could surpass the intelligence of a human — and for humans, the results weren’t so great. (more…)

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June 8, 2018

Posted by: Zenobia Hegde