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German startup Cynora, which specialises in flexible and transparent displays, has been acquired by Samsung

Samsung Display, the flagship division of South Korean technology company Samsung, has bought German company Sinora, which specializes in OLED technol

Samsung Display, the flagship division of South Korean technology company Samsung, has bought German company Sinora, which specializes in OLED technology. Cinara focuses on folding screens that are flexible and transparent to other display technologies. Samsung is assumed to launch its new series of shellfish in August, and there are speculations that Apple will enter the shellfish market in the coming years. ETNews quotes 9to5Google as saying that if the changes are made, Samsung will price the shell at around $ 800. Read More..

B2B Tech News | 2 years ago        

With competing offers from Frontier and JetBlue, the battle for Spirit Airlines is getting close

Spirit Airlines shareholders were scheduled to vote on Thursday on a proposed tieup with fellow discount carrier Frontier. But with hours to go, Spiri

Spirit Airlines shareholders were scheduled to vote on Thursday on a proposed tieup with fellow discount carrier Frontier. But with hours to go, Spirit delayed the vote until July 8, extending the most heated battle for a U.S. airline in years. If Spirit shareholders vote against the deal, it opens the door for a takeover by JetBlue Airways. JetBlue has raised the amount it would pay up in advance to $2.50 a share, from $1.50 earlier. It also added a 10centashare monthly payment to shareholders starting next year until the deal is consummated or terminated. JetBlues latest offer comes after Frontiers late Friday raised the cash portion of its offer by $2 per share to $4.13. Read More..

B2B Tech News | 2 years ago        

RH shares decline after the business lowers its annual guidance

RH shares fell nearly 8% in afterhours trading following the release. The company now sees annual sales down between 2% and 5%, compared with prior ex

RH shares fell nearly 8% in afterhours trading following the release. The company now sees annual sales down between 2% and 5%, compared with prior expectations that saw sales flat to up 2%. It still anticipates revenue in its fiscal second quarter to be down between 1% and 3% from prioryear levels. RH, the homegoods retailer, saw sales fall 18% in the first quarter. CEO Gary Friedman expects demand to continue to slow throughout the year. The company also said it has not repurchased any stock since announcing an expansion of its share repurchase plan. Read More..

B2B Tech News | 2 years ago        

Siemens is investing in Volkswagen Electric in the United States

This was announced on Tuesday by the first foreign investor of the Siemens Electrify USA project. The network raised a total of $ 450 million, includi

This was announced on Tuesday by the first foreign investor of the Siemens Electrify USA project. The network raised a total of $ 450 million, including an increase in Volkswagens investment.. Volkswagen originally committed to $2 billion through 2026 for a network of charging stations. Plans are to more than double that to 1,800 sites and 10,000 ultrafast chargers by 2026. Read More..

B2B Tech News | 2 years ago        

$ 1 billion in global opportunities for GaN electricity supplies by 2026 New Strategy Research

Global Industry Analysts Inc., the premier market research company, today released its report titled GaN Power Devices Global Market Trajectory & Ana

Global Industry Analysts Inc., the premier market research company, today released its report titled GaN Power Devices Global Market Trajectory & Analytics. The report presents fresh perspectives on opportunities and challenges in a vitally transformed postCOVID19 marketplace. The global market for GaN Power devices is projected to reach a revised size of US$1 Billion by 2026, growing at a CAGR of 16.4% over the analysis period. The GaN Power Devices market in the U.S. is expected at US$129.6 Million in the year 2021. China, the worlds secondlargest economy, is forecast to reach a projected market size of US$226.7 Million by the year 2026 trailing a CAGR of 20.9%. Japan and Canada, are each forecast to grow at 11.9% and 14.4% respectively over the analysis period. Read More..

B2B Tech News | 2 years ago        

Egypt in focus Qatars $ 3 billion new investment has been agreed. Egypt considers Panda bonds

Egyptian Finance Minister Mohamed Moaed said Qatar is investing up to $3 billion in the Egyptian economy. The finance minister expects remittances fro

Egyptian Finance Minister Mohamed Moaed said Qatar is investing up to $3 billion in the Egyptian economy. The finance minister expects remittances from Egypt to reach $3132 billion by the end of this fiscal year. Without mentioning the significance of this issue, Muat also announced that Egypt is considering issuing Panda bonds to the Chinese market in the first half of the upcoming fiscal year 2022/23. Prime Minister Mohamed Mahdouli has begun negotiations on a car shortage crisis in Egypt. Read More..

B2B Tech News | 2 years ago        

Nestlé intends to reduce CO2 emissions

The governor of the Mexican state of Jalisco has signed an agreement with Nestlé to ensure sustainability in the production of milk and its derivativ

The governor of the Mexican state of Jalisco has signed an agreement with Nestlé to ensure sustainability in the production of milk and its derivatives. Nestlé has installed four of its 18 factories established in Mexico and has an economic activity of more than US$278 million per year. The possibility of adding technological components to the processes in production plants was also discussed. Local authorities have offered to help multinationals achieve their goal of eliminating CO2 emissions from global production by 2050. Read More..

B2B Tech News | 2 years ago        

$49.9 billion market value for smart hospitality by 2027

The global Smart Hospitality Market size is anticipated to grow from USD 13.6 billion in 2022 to USD 49.9 billion by 2027. The need to provide a smart

The global Smart Hospitality Market size is anticipated to grow from USD 13.6 billion in 2022 to USD 49.9 billion by 2027. The need to provide a smart guest experience using smart hospitality solutions and services in the hotels will drive the market. Europe is one of the prominent regions in the smart hospitality market. Germany, the UK, France, Italy, Spain, and the Netherlands are leading European IoT adoption. Smart Buildings Market by Solution Safety and Security Management, Building Infrastructure Management, Network Management, and IWMS and Services, Building Type, and Region 2022 2026 1,500 MicroQuadrants, 850 fulltime analysts, SMEs, and 900 parttime workers. 30,000 highgrowth niche opportunities/threats which will impact 70% to 80% of worldwide companys revenues. Almost 75,000 top officers across eight industries approach Markets and Market for their pain points around revenue decisions. Read More..

B2B Tech News | 2 years 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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