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Google to Produce Pixel Smartphones in Indias Tamil Nadu State with Foxconn Partnership

According to reports, Alphabets Google and Taiwans Foxconn are preparing to make Pixel smartphones in Tamil Nadu, India. According to sources, Foxconn

According to reports, Alphabets Google and Taiwans Foxconn are preparing to make Pixel smartphones in Tamil Nadu, India. According to sources, Foxconns current Tamil Nadu plant will produce the newest Pixel models. This move aligns with a broader trend among global manufacturers to diversify their supply chains away from China, considering India a viable alternative. The decision followed negotiations between Tamil Nadu officials and Google executives. Interestingly, this investment in Tamil Nadu differs from the previously announced partnership between Dixon and Google for Indian smartphone manufacturing. Authorities in Tamil Nadu, Foxconn, and Google have yet to respond to requests for comment. Read More..

B2B Tech News | 2 months ago        

Itochu Partners with Google to Advance Renewable Energy Goals in Japan

Itochu signed a longterm power supply agreement with Google on Friday, marking a significant milestone that would help the internet giant achieve its

Itochu signed a longterm power supply agreement with Google on Friday, marking a significant milestone that would help the internet giant achieve its goals in Japan with renewable energy. Itochu wants to start supplying Google with solar electricity in 2024 through its portfolio firm, Clean Energy Connect CEC. It can deliver up to 72 megawatts by 2026. This calculated action demonstrates Itochus dedication to the renewable energy industry, especially in addressing the growing need brought on by data centre operations and generative artificial intelligence. The partnership strengthens Itochus position as a major player in Japans renewable energy sector. It represents a significant step towards Googles sustainability ambitions. Read More..

B2B Tech News | 2 months ago        

ECOWAS Faces Renewal Amid Internal Divisions and External Pressures

Amid recent coups and economic turmoil in West Africa, ECOWAS seeks regeneration amid challenges from internal divisions and foreign forces such as th

Amid recent coups and economic turmoil in West Africa, ECOWAS seeks regeneration amid challenges from internal divisions and foreign forces such as the Alliance of Sahel States. Initiatives for discussion and the election of a new president in Senegal provide optimism for revitalization. International economist Magaye Gaye asserts that for ECOWAS to continue playing an economic role, it has to concentrate on industrial complementarity, energy, industry, integration, and intraregional commerce. Meanwhile, diplomatic tensions, intensified by Chinas intervention, are reflected in the impasse between Benin and Niger over crude oil loading and border closure. The reopening of the border still needs to be revised despite discussions. With 60 MW of power already in service, the Nachtigal Dam in Cameroon solves the countrys energy challenges and helps alleviate Doualas power outages. Read More..

B2B Tech News | 2 months ago        

Intuit Reports Surge in Revenue in Q3 Driven by Demand for AIIntegrated Products

Due to a successful tax season and high demand for its AIintegrated products, such as TurboTax, Intuit saw a spike in sales in the third quarter. Intu

Due to a successful tax season and high demand for its AIintegrated products, such as TurboTax, Intuit saw a spike in sales in the third quarter. Intuits financial management solutions, including TurboTax, Credit Karma, and QuickBooks, are highly soughtafter by small businesses and individuals alike. With tailored financial advice, the companys AIpowered Intuit Assist further improves the client experience. CEO Sasan Goodarzi highlighted AIdriven SKUs. Intuit increased its projected yearly revenue to $16.16–$16.20 billion as the postCOVID world returns to routine with tax season approaching. Revenue for the third quarter increased by 12% to $6.74 billion, driven mainly through small business and consumer market growth. Read More..

B2B Tech News | 2 months ago        

U.S. Jury Orders Micron Technology to Pay $445 Million in Damages to Netlist

A U.S. jury has mandated that Micron Technology, a semiconductor manufacturer, reimburse Netlist $445 million for patent infringement related to memor

A U.S. jury has mandated that Micron Technology, a semiconductor manufacturer, reimburse Netlist $445 million for patent infringement related to memory modules. The jury decided in favour of Netlist, finding that Microns semiconductormemory devices violated two patents that improved the performance and capacity of memory modules. In a verdict involving deliberate infringement, damages might be tripled. Boise, Idahobased Micron has yet to reply. The lawyer for Netlist conveyed appreciation to the jury for recognising its originality. This comes after Netlist defeated Samsung in a lawsuit worth $303 million. The ruling amount may affect Microns stock rise, especially after a recent patent office tribunal nullified one of Netlists patents. Read More..

B2B Tech News | 2 months ago        

Tesla Directs Suppliers to Move Production Outside China and Taiwan

A major strategic step was made by Tesla when it ordered parts suppliers for cars sold outside of China to transfer their production away from Taiwan

A major strategic step was made by Tesla when it ordered parts suppliers for cars sold outside of China to transfer their production away from Taiwan and China by the end of the following year. Essential parts, including printed circuit boards, displays, and electronic control units, are apparently covered in the guide. This change implies that Tesla wants to lessen its dependency on China and Taiwan and diversify its supply chain to minimise geopolitical risks and maintain business continuity. Tesla hopes to improve resilience against interruptions by distributing manufacturing across many areas. This also provides the company with logistics, cost control, and market access benefits. However, Tesla and its suppliers must successfully negotiate any obstacles from this transition, including supply chain reorganisation and operational changes. Read More..

B2B Tech News | 2 months ago        

Singapores Economy Surges 2.7% in Q1 2024, Beating Forecasts

In Q12024, Singapores GDP grew 2.7% year over year, the most substantial growth in eighteen months, matching preliminary estimates and outpacing proje

In Q12024, Singapores GDP grew 2.7% year over year, the most substantial growth in eighteen months, matching preliminary estimates and outpacing projections by experts. MASs Edward Robinson reaffirmed that the existing monetary policy settings, intended to limit import inflation and local costs, are adequate. In April, core inflation was constant at 3.1%, with a forecast modest decline by Q4. The manufacturing and trade sectors would gradually improve, with GDP growth prospects remaining between 1.0% to 3.0%. In the wake of geopolitical unrest, uncertain global financial markets, and leadership changes—Lawrence Wong took over as Singapores PM recently—nonoil exports confront difficulties. Read More..

B2B Tech News | 2 months ago        

TSMC Forecasts 10% Annual Revenue Growth Fueled by AI Opportunities

Leading participant in the semiconductor market, TSMC expects 10% yearly sales growth, excluding memory chips, fueled by the expanding AI market. At a

Leading participant in the semiconductor market, TSMC expects 10% yearly sales growth, excluding memory chips, fueled by the expanding AI market. At a Hsinchu event, senior vice president Cliff Hou highlighted this tendency. Even if it reduced its forecast back in April, TSMC is nevertheless upbeat about the state of affairs right now. According to World Semiconductor Trade Statistics, the worldwide semiconductor market is expected to increase by 13.1% by 2024. TSMC anticipates a significant revenue surge during the second quarter, driven by the increasing need for chips in artificial intelligence applications. Nvidias latest prediction of quarterly solid sales and a stock split highlights investor confidence and industry optimism even further. Read More..

B2B Tech News | 2 months ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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