Samsung Electro-Mechanics, the electronic component manufacturing arm of South Korean electronics giant, Samsung, has reportedly announced that it has developed a new MLCC (multi-layer ceramic capacitor) for automotive powertrains. According to reports, the new MLCC can perform well even at high te

Chinese augmented reality (AR) startup, Nreal, has reportedly raised $60 million in its latest Series C extension round, bringing up its total raised amount to over $200 million in the past twelve months. The investment round was led by e-commerce giant Alibaba, hinting at the retailer’s entr

Japanese drone development startup, Terra Drone, has reportedly raised $70 million in Series B funding round, bringing its total raised funding to $83 million after it closed a $14.4 million Series A last year. The round was led by Mitsui Corporation, with the participation of new investors such as

South Korea has reportedly unveiled plans to build swarm-capable microrobots inspired by insects for secret military reconnaissance and surveillance operations by 2027. The government-led research initiative is the nation's first step toward designing and producing powerful, tiny military spyin

Users of the Ionic smartwatch by Fitbit, the American fitness tech firm, have been reportedly asked to stop wearing them after receiving reports of them overheating and causing burns. The US Consumer Product Safety Commission has announced that over 100 people in the country have reported being bur

Samsung Electronics, the South Korean electronics corporation, has reportedly stated that it anticipates the Mobile World Congress in Barcelona, Spain, to serve as a staging point for its newest S22 series 5G smartphones, with Chinese competitors also expected to showcase their new smartphones at th

SK Hynix, the semiconductor supplier based in South Korea, has reportedly unveiled the next-generation of its latest memory chip with computing capability, which it claims can solve data congestion in artificial intelligence-driven big data analysis. On Wednesday, SK Hynix, the second-largest memor

Shares in Peloton, the American media and exercise equipment company that gained prominence during the pandemic, have reportedly jumped by more than 26% on reports that Nike and Amazon are considering to make takeover bids for the New York based connected fitness firm. As per reports, the overall v

Recently, Telstra Purple also solidified the IoT network portfolio of its parent company with acquisition of Alliance Automation and Aqura Technologies. Australian telecommunications company, Telstra has reportedly nabbed a $100 million deal from Intellihub to supply a contingent of IoT SIMs to Int