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South Korea aims to localize 50% of the supply of Chip material by 2030

South Korea announced Thursday that it aims to source half of its semiconductor manufacturing materials, components, and equipment locally by 2030. Th

South Korea announced Thursday that it aims to source half of its semiconductor manufacturing materials, components, and equipment locally by 2030. This plan is part of Yoon Seokyeols strategy to consolidate the industry. South Korea is home to the top manufacturers of memory chips, Samsung and SK Hynix. Semiconductors were the first export item from Korea for the ninth consecutive year. Read More..

B2B Tech News | 2 years ago        

Innovation, a strategic place to support Egypt’s longterm growth Oxford Business Group

Egypt 2022 explores Egypts economic sectors that will stimulate longterm growth. It includes contributions by President Abdel Fattah alSisi and interv

Egypt 2022 explores Egypts economic sectors that will stimulate longterm growth. It includes contributions by President Abdel Fattah alSisi and interviews with dignitaries. The focus is on infrastructure that is experiencing significant expansion as a result of the countrys urban planning agenda and megaproject pipeline. Analyze trends and developments in Egyptian economy sectors such as macroeconomics, infrastructure, banking, and more through 2022. By developing its industrial and production base, Egypt can take advantage of its strategic location at the crossroads of Europe, Africa, and Asia, according to Karine Loehmann of OBG. Read More..

B2B Tech News | 2 years ago        

Microsoft has introduced a platform similar to Facebook

Microsoft has introduced Viva Engage, a new app within Teams that looks like Facebook and facilitates social networking in the workplace. The

Microsoft has introduced Viva Engage, a new app within Teams that looks like Facebook and facilitates social networking in the workplace. The app contains chat notes, videos, photos, and more. There is an events section. Obviously, it looks and works like Facebook, which employees can use to share news or personal interests. Microsoft Teams is increasingly positioned as a hub for work and communication within Microsoft. The pandemic has accelerated the transformation of enterprises to hybrid work, increasing the need for applications such as Microsoft Teams, Zoom, and Slack. Read More..

B2B Tech News | 2 years ago        

AM Ventures closes a 100 million euro fund, focusing on industrial 3D printing

According to Smartechs analysis, the 3D printing or additive manufacturing industry will reach 50.82 billion dollars by 2030. In 2021 alone, it held t

According to Smartechs analysis, the 3D printing or additive manufacturing industry will reach 50.82 billion dollars by 2030. In 2021 alone, it held three investment rounds in German companies MedShape and HeadMate Materials. Munichbased venture capital firm AM Ventures has raised €100 million to revolutionize the world with industrial 3D printing hardware, materials, software, and applications. Arno Held, cofounder, and managing partner added The additive manufacturing industry has seen steady and strong growth over the past decade, and this time startups have played a key role. Read More..

B2B Tech News | 2 years ago        

KFC has unveiled a new hightech restaurant in Cape Town

Africas first KFC, the store has digital menu boards on each of its two tracks. It also has dedicated selfservice kiosks for customers on the go, a d

Africas first KFC, the store has digital menu boards on each of its two tracks. It also has dedicated selfservice kiosks for customers on the go, a dedicated window for delivery drivers, and the latest connected kitchen technology to ensure the right amount is always available. KFC claims that there is also better quality management that ensures a better end product for consumers. The restaurant has a fresh and impressive design with a strong contrast between dark gray and white. This design combination puts food ordering and delivery in the hands of the customer while empowering employees to focus on the back of the house and get food out faster, resulting in a better work experience. He says Toduka Nshumalu, Chief Operating Officer, KFC Africa. Read More..

B2B Tech News | 2 years ago        

Chinese TV makers open factories in Mexico to serve the US market

Mexican TV factories are increasingly popular with Chinese producers looking for better access to the U.S. market for color sets. A trade agreement be

Mexican TV factories are increasingly popular with Chinese producers looking for better access to the U.S. market for color sets. A trade agreement between Mexico and the United States has made the Central American country more attractive to Chinese television manufacturers. In 2016, Hisense Group acquired the Mexican plant from Japanese television producer Sharp and is also building an industrial park for home appliances in Mexico. Hisense increased the production of raw materials and localized components such as injection molding and sheet metal. Mexican TV exports have the largest share of the U.S. market 60%. It is mostly due to the agreement between the United States, Mexico, and Canada, a free trade agreement between the three countries. Chinese TVs sold in the United States are subject to an 11.4% rate. Read More..

B2B Tech News | 2 years ago        

The main gas pipeline from Russia to Europe is restored after a break

The Nord Stream 1 pipeline to Germany has been closed for annual maintenance since July 11. German officials feared that the pipeline supplying a thir

The Nord Stream 1 pipeline to Germany has been closed for annual maintenance since July 11. German officials feared that the pipeline supplying a third of Germanys gas would never reopen. Germany says only 30% of its pipeline capacity is currently flowing. German officials denied the comments. She cited technical issues with equipment sent by her partner Siemens Energy to Canada for overhaul but was not returned due to sanctions against Russias invasion of Ukraine. But Russian company Gazprom reported on Thursday that only 30 percent of its pipeline capacity had been delivered, Klaus Muller, Germanys electricity grid regulator, wrote on Twitter. Read More..

B2B Tech News | 2 years ago        

Wipro, NTPC and other stocks are in todays news

The BSE Sensex rose more than 600 points to 55,398 on Wednesday. Asian markets were mixed on Thursday morning. Wipro reported that in the quarter ende

The BSE Sensex rose more than 600 points to 55,398 on Wednesday. Asian markets were mixed on Thursday morning. Wipro reported that in the quarter ended June 2022, connected revenues decreased by 21% to Rs 2,563 trillion. IndusInd Bank registered an increase in turnover of 61% from one year to another, of 1,631 million lei. Tata Communications reported an 83.63% increase in consolidated profit to Rs 543.76 crore. NTPC has a contract with the Moroccan Agency for Sustainable Energy MASEN. Read More..

B2B Tech News | 2 years ago        



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