The instruction by TSMC, which is grappling with delays at its USD 40 billion chip factory in Arizona, is aimed at controlling costs and reflects the company’s growing caution about the outlook for demand, the sources said. Taiwan’s TSMC has told its major suppliers to delay the delivery of high-end chipmaking equipment, as the world’s…
close Video Simon Cowell’s ‘not a fan’ of artificial intelligence in music The ‘America’s Got Talent’ judge told Fox News Digital why he doesn’t like AI technology in songwriting. Welcome to Fox News’ Artificial Intelligence newsletter with the latest AI technology advancements. Subscribe now to get the Fox News Artificial Intelligence Newsletter in your inbox. TECH…
Ford has been awaiting guidance to determine if batteries produced by the Marshall plant would run afoul of the requirements. Last week, Tesla CEO Elon Musk also faced questions from Smith about the automaker’s relationship with CATL. The chairs of three U.S. House of Representatives committees demanded Ford Motor turn over documents tied to its…
Vinod Aggarwal, Managing Director and CEO, VE Commercial Vehicles Ltd, also welcomed the partnership extension for world-class lubrication solutions in Eicher trucks and buses. New Delhi: Valvoline, a leading global lubricant manufacturer, has extended its exclusive partnership with Eicher Trucks and Buses, a prominent player in the commercial vehicle industry. This renewed commitment comes as…
IRP will provide Silence with its advanced motor controllers after successfully completing strict and demanding testing, validation and homologation processes. New Delhi: IRP Systems, a leading provider of cutting-edge electric powertrain solutions for e-mobility, has signed a commercial agreement with Silence Urban Mobility, Europe’s leading urban mobility OEM. Under the agreement, IRP will provide Silence…
Volkswagen Group reportedly plans to stop making ID.3 electric vehicles at its plant in Dresden, Germany. According to sources cited by Automobilwoche, the decision to end Volkswagen ID.3 production in Dresden is part of a cost-cutting drive by CEO Oliver Blume, although the publication did not say when production will end. The plant, which opened…
Volvo Cars announced on Tuesday that it will end production of any remaining diesel models by early 2024 as it heads towards becoming an all-electric carmaker. “By 2030 we plan to sell only fully electric cars and by 2040 we aim to be a climate neutral company. That clear roadmap towards all-out electrification represents one of…
Allego N.V., a pan-European public electric vehicle fast and ultra-fast charging network, today announced its partnership with Go’on Gruppen A/S (“Go’on”), one of Denmark’s largest fueling companies, under which Allego will install 168 fast charging ports with exclusive access to all 185 of Go’on’s currently existing stations across the country. Allego views this partnership as…
Paleontologists in Egypt found the fossil of one of the smallest extinct whales. The announcement comes just a week after scientists said they had found a species of ancient whale that might be the heaviest animal ever found. The “tiny” fossil, dug up in Wadi el-Hitan, or Whale Valley, belongs to a whale that lived…
Profit before tax (PBT) for the Q2FY24 was at INR 122 crore compared to INR 207.5 crore during the previous year, down 41%. New Delhi: The Board of Directors of SKF India Limited, a leading technology and solutions provider of bearings and units, Wednesday reported that the revenue from operations of the company for the…
