British software and robotics firm, Ocado Group, has reportedly unveiled its latest suite of innovations aimed at retail and grocery delivery, ranging from lightweight robots to hi-tech van routing systems.  The company’s new robot is 80 percent lighter than its previous model and has be

Australian iron ore mining firm Fortescue Metals is reportedly set to purchase the Williams Formula One team’s battery and technology arm, Williams Advanced Engineering, for $222.2 million. Fortescue, owned by Australia’s richest man Andrew Forrest, will buy the UK-based entity from Will

The government of South Korea has reportedly announced its plans to invest around ₩402.7 billion, approximately US$337.4 million, towards processing-in-memory (PIM) chip development. As per reports, the additional amount comes on top of the ₩1 trillion it already committed to spend on A

Germany-based supermarket company, Aldi, has reportedly opened its first checkout-free store in the city of Greenwich, London. Customers will now be able to pay for their shopping without having to stand in a queue inside the store. While staff will still be present in the store, the supermarket wi

Sony Group, the leading Japanese conglomerate, has reportedly announced that it would continue making PlayStation 4 consoles in 2022, as it tries to navigate the disruptions caused to the global supply chain by the pandemic, which has limited the rollout of its new, more costlier PlayStation 5 conso

BMW, the German luxury car manufacturer, has reportedly announced that the most powerful version of the BMW M division, 2023 iX M60, a 610 horsepower machine (with the Sport Mode is engaged) that intends to merge the firm's tech-centric flagship iX platform with the performance focus of the M-se

Exhibitors from South Korea are set to showcase an array of new technologies at the CES 2022, conforming with the global approach towards cutting down carbon emissions and adapting to the new normal. According to reports, solutions based on artificial intelligence for chips and batteries, and batte

South Korean OLED manufacturer and supplier, LG Display, has reportedly devised new concepts for transparent screens that will be exhibited at CES 2022. These concepts comprise the Smart Window, Show Window, Shopping Managing Showcase, and the OLED Shelf. As per sources, the company is focused on t

Polestar, a Swedish automotive company and former Volvo subsidiary that has since branched out to become its own brand, has reportedly announced the company’s launch in South Korea. According to reports, on January 18, the EV business will roll-out its first model, Polestar 2, in the nation w