TSMC Will Reportedly Start Taking 7nm Orders in April 2017

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The development of Taiwanese leading foundry TSMC’s 7nm manufacturing process appears to be advancing rapidly, as the company is now rumored to be preparing for the mass production of its first 7nm chips in Q1 of 2018, which is three years ahead of Intel Corporation’s 7nm production schedule. The latest update also shows that the company is considering taking orders as early as April of 2017. Continue reading 

Samsung Electronics and SAP Open Research Center for Next-generation In-memory Platform

29 Sep samsung-new-office-silicon-valley

Samsung Electronics Co., Ltd. and SAP SE, today held the opening ceremony for a joint research center where engineers will conduct R&D for memory solutions to be used in next-generation in-memory computing. The ceremony was held at Samsung Electronics’ Hwaseong campus in South Korea with Dr. Young-Hyun Jun, President of Samsung Electronics’ Memory Business and Adaire Fox-Martin, President, SAP Asia Pacific Japan participating, as well as other executives from both companies. Continue reading 

Liaison Interactive Will Take Over Newegg

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Liaison Interactive Information Technology of China announced on the evening of Sept. 27 plan to acquire 55.7% stake in Newegg, a U.S. e-commerce platform, at US$260 million (around 1.77 billion yuan), which will become the former’s subsidiary after the completion of the deal.  Continue reading 

Xiaomi’s Internet Stock Investment Firm up and Running

29 Sep RMB_Flickr_MDJ0514_640x425-624x414

Shanghai Michou Financial, an internet stock investment firm launched by China’s smartphone giant Xiaomi, officially went online on Sept. 26. Continue reading 

Sony’s MESH Project Announces Launch of Android App

29 Sep Sony-logo-wallpaper-600x335

Sony’s MESH Project (http://meshprj.com/), the creators of “MESH,” a tool that lets anyone build their own projects and “smart inventions,” has announced the launch of an Android version of the MESH App. Continue reading 

UK-based AI Startup ‘Luminance’ Acquires $3 Mn in Fresh Investments

29 Sep efe

By Disha Manocha, The Tech Portal

Luminance, the brainchild of a group of lawyers and mathematicians, and based on R&D at the University of Cambridge, leverages machine learning to transform the legal due diligence process. This artificial intelligence startup has now acquired $3 million in an investment by Invoke Capital, a tech investment vehicle founded by Mike Lynch, for the very same tech. Continue reading 

Lenovo Streamlines Its Mobile Business, Sacks Over 1,100 Personnel across Its Global Workforce

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By Anmol Sachdeva, The Tech Portal

Lenovo, the Chinese multinational tech giant has today announced that after another sub-standard quarter of results, it has resorted to laying off a massive 1,100 personnel from its workforce. This sacking, which mostly impacts employees of the Motorola Mobility smartphone division, accounts for almost 2 per cent of its humongous 55,000 employee team globally. Continue reading 

Google Station Launched in India, Free Wi-Fi Hotspots for Emerging Markets

29 Sep google-new-logo-tp-featured-600x315

By Mudit Mohilay, The Tech Portal

In a major step forward towards its goal of getting the next 1 billion humans online, Google has launched the Google Station program. The initiative is now open for new partners and is aimed towards providing emerging markets, such as India, with a string of free Wi-Fi hotspots at public places. Continue reading 

TechNews Daily 2016.09.29

29 Sep Hynix_2Gb_DDR2_DRAM11

Three Things That Smart Manufacturing Startup Needs To Show Investors
TechNode
China set “Made in China 2025” plan to upgrade the country’s manufacturing power. In order to bring down the government’s ambitious plan to future strategies of Chinese manufacturing companies, a panel of “smart manufacturing technology innovation” discussed the current status of manufacturing in China. Continue reading 

Tech Firms in Taiwan and Japan Switching Focus to High Value-Added Products

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With overcapacity putting a damper on product prices, tech firms in Japan and Taiwan are switching focus to precision components with higher added value, reported Nikkei Shimbun. Continue reading