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Tsinghua Unigroup Inks Deal with Nanjing Government for Building 3D NAND Flash Factory

24 Jan unigroup0118

Chinese Tsinghua Unigroup signed a contract with the Nanjing government on January 18 to build a semiconductor factory in Nanjing. The new plant came after Tsinghua Unigroup Chairman Zhao Weiguo announced the company would spend US$46 billion building a wafer fab in Chengdu and Nanjing in 2017. (more…)

Tata Group Plans to Set up Data Center in South Korea, Prepare for Connected Car Business Push

12 Jan tata-1-990x876

By Anmol Sachdeva, The Tech Portal

Tata Group is mulling over the decision to set up a regional office in South Korea, reports Chinese publication Chosun. This office space will be occupied by the company’s telecom affiliate in the country. They’ll work on the construction of a data center and further extend its reach into the connected car ecosystem. (more…)

China’s Goodix Planning Overseas Mergers and Acquisitions

11 Jan img_0028-624x416

Goodix, a major provider of fingerprint sensors and touch controllers in China, is reportedly planning a series of mergers and acquisitions overseas, Chinese tech media reported. (more…)

Panasonic to Invest $256Mn in Tesla’s Solar Panel Facilities in Buffalo, Production to Begin in 2017

30 Dec tesla-gigafactory-1024x768

By Anmol Sachdeva, The Tech Portal

Falling in line with its commitment to ramp up production post the SolarCity acquisition, Tesla has today announced via an official blog post that it has completed work on an agreement to begin manufacturing solar cells and modules in collaboration with long-time partner Panasonic. The production will take place at SolarCity’s Buffalo, New York facilities. (more…)

Sharp Resumes Semiconductor Business for Vertical Integration of Camera Modules

30 Dec shutterstock_494455312-624x416

Tai Jeng-wu, president of Sharp, pointed out that Sharp will deploy actively in semiconductor business, via investment or takeover, in order to materialize vertical integration of its camera module operation, reports Nikkei Shimbun. (more…)

Oculus Has Acquired The Eye Tribe, An Eye-Tracking Startup

30 Dec capture-16-990x466

By Mudit Mohilay, The Tech Portal

Oculus has acquired Danish startup, The Eye Tribe. The acquisition makes for a very interesting combination as The Eye Tribe could potentially bring about a major change in the ways we currently interact with Virtual Reality interfaces. (more…)

Mobile Advertising Network Yeahmobi Raises About $100 Million in Funding for Expansion

28 Dec shutterstock_339868820-624x416

Mobile performance marketing network Yeahmobi has just raised RMB 639 million (about $100 million), to bolster its global expansion. The Xi’an, China-based company is now valued at about RMB 5 billion (about $720 million). (more…)

Infineon Corrects Misstatements Made by Macom Technology Solutions

22 Dec infineon company

The lawsuit between Infineon Technologies AG, its subsidiary Infineon Technologies Americas Corp., and Macom Technology Solutions Holdings, Inc., is still in its early stages. The court has made no decision on the merits. Macom has neither won the case nor is settlement imminent. (more…)

Trivago Goes Public with an 8 Percent Uptick over Its IPO Price

20 Dec trivago-990x660

By Simran Agarwal, The Tech Portal

Trivago, online hotel booking and searching site went public this Friday with its shares priced at just $11. During the day, the company rose more than $287 million (less than expectations) and sold 26.1 million American depositary shares at the stock exchange. (more…)

Shopmatic Acquires Taiwanese Ruby on Rails’ Technology Firm 5xRuby

17 Dec screen-shot-2016-12-15-at-11-27-37-pm-990x699

By Kajal Joshi, The Tech Portal

Singapore-based e-commerce service provider Shopmatic has taken over 5xRuby, technology firm of Taiwanese Ruby on Rails. (more…)