Litum, a global provider of real-time location systems (RTLS) and safety solutions, has announced that its forklift safety solution will now be included in the UNISOURCE Parts and Accessories programme offered by authorised Hyster and Yale dealers. The UNISOURCE Parts and Accessories programme provides over 10 million parts and accessories to meet the needs of material handling customers. This move enables Litum’s advanced safety technology to reach over 1 million forklifts through their dealer network, expanding the market reach with efforts to enhance workplace safety. (more…)
July 11, 2023
Posted by: Shriya Raban
Telit Cinterion has announced that it is continuing the execution of its growth roadmap with the appointment of Sashidhar Thothadri as chief commercial officer and Neset Yalcinkaya as senior vice president sales, Americas. These appointments are indicative of the company’s commitment to adapting its executive management to align with the new market of digital transformation, leveraging Telit Cinterion’s expanded module portfolio, embedded-managed connectivity plans, and device management and data orchestration platforms. (more…)
Posted by: Janmesh Chintankar
BenQ Group, a provider of smart solutions, announced that it has obtained international ISO (International Organisation for Standardisation) sustainability certification with its green booth at Computex Taipei 2023. In compliance with the international standard ISO20121 Sustainability Event Management, 15 goals in BenQ Group’s three environmental, social, governance (ESG) domains have passed verification with a 100% rating.
July 9, 2023
Posted by: Janmesh Chintankar
nami has announced close of its series A financing round, raising $10.5 million from investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra. (more…)
July 8, 2023
Posted by: Shriya Raban
AcBel Polytech Inc., has announced the completion of its acquisition of ABB Ltd’s Power Conversion division. The closing of the transaction follows the satisfaction of all conditions precedent, including CFIUS (Committee on Foreign Investment in the United States) clearance. (more…)
July 7, 2023
Posted by: Janmesh Chintankar
Renesas Electronics Corporation and Wolfspeed, Inc have announced the execution of a wafer supply agreement and $2 billion (USD) (€1.84 billion) deposit by Renesas to secure a 10 year supply commitment of silicon carbide bare and epitaxial wafers from Wolfspeed. The supply of high-quality silicon carbide wafers from Wolfspeed will pave the way for Renesas to scale production of silicon carbide power semiconductors starting in 2025. The signing ceremony of the agreement was held at Renesas’ headquarters in Tokyo between Hidetoshi Shibata, president and CEO of Renesas, and Gregg Lowe, president and CEO of Wolfspeed. (more…)
July 6, 2023
Posted by: Shriya Raban
Semtech Corporation, a high-performance semiconductor, IoT systems and cloud connectivity service provider, has announced the appointment of Hong Q. Hou to the company’s board of directors. Hou has extensive experience in product and business development as well as operations management having served in numerous leadership roles at technology companies with large global footprints. Hou also will join the compensation committee of the board. (more…)
July 4, 2023
Posted by: Shriya Raban
Momentum has announced an enhanced agreement that will enable Momentum to use OneWeb’s high-speed, low-latency satellite fleet, on Eutelsat’s global connectivity solution.
Posted by: Shriya Raban
NTT has announced the launch of its hyperscale data centre campus, Chennai 2, and the arrival of its subsea cable system – MIST (Myanmar/Malaysia India Singapore Transit) in the city. The Chennai 2 campus is located in Ambattur, spread across 6 acres is a project with a total planned capacity of 34.8 MW (megawatt) critical IT load from 2 data centre buildings. The initial facility which goes live has a 17.4 MW IT load capacity. (more…)
July 3, 2023
Posted by: Janmesh Chintankar
Renesas Electronics Corporation, announced that it has standardised development of all printed-circuit board (PCB) design on the Altium 365 cloud-based platform from Altium, LLC. (more…)
June 28, 2023
Posted by: Shriya Raban