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Japan's quest to revive its semiconductor industry and regain tech leadership

Japan, once a leader in semiconductor technology during the 1980s, has struggled to keep pace with countries like Taiwan and South Korea following the dotcom bubble. As the nation seeks to revitalize its chip industry, it aims to reclaim its status as a global tech powerhouse.

corporate giants lead record solar and storage investments in the us

US corporations are significantly investing in solar and energy storage, with Meta leading in solar capacity and Google in energy storage. The Solar Energy Industries Association reports nearly 40 GW of solar capacity and over 1.8 GWh of storage installed by companies like Amazon, Target, and General Motors, driven by incentives from the Inflation Reduction Act.

Maxar set for final WorldView Legion satellite launch in early 2025

Maxar Intelligence plans to launch its final two WorldView Legion satellites in early 2025, completing a six-satellite Earth observation constellation. The new satellites will enhance imaging capabilities with mid-inclination orbits, allowing for up to 15 revisits per day to key locations. Initial customer feedback on the first two operational satellites has been highly positive, particularly regarding image clarity.

tesla launches first experience center in the philippines with strong initial sales

Tesla has officially launched its first Experience Center in the Philippines, offering the Model 3 and Model Y, with deliveries expected in early 2025. The Model 3 starts at P2.109 million ($36,362) and features a range of 513 km, while the Model Y begins at P2.369 million ($41,300) and offers spacious interiors. Tesla aims to enhance the local EV market, previously dominated by Chinese brands, with plans for Superchargers in malls and a commitment to customer service.

personal energy independence reshapes the appeal of clean technology

The evolution of clean technology sales has shifted from environmental appeal to personal energy independence. As solar panels and electric vehicles become mainstream, the focus is now on the freedom and reliability they offer, allowing individuals to generate their own power and reduce dependence on traditional energy sources. This change in narrative aims to counteract misconceptions about clean tech infringing on personal liberties.

growth of healthcare biometrics driven by security and digital health trends

The healthcare biometrics market is projected to grow from USD 6.98 billion in 2023 to USD 29.27 billion by 2032, driven by rising security demands, telemedicine adoption, and government regulations. Key trends include wearable biometric devices, cloud-based solutions, and contactless systems, enhancing patient care and data security. Additionally, blockchain technology and biometric kiosks are being integrated to improve patient identification and streamline healthcare processes.

Hero MotoCorp expands motorcycle and scooter portfolio with new variants

Hero MotoCorp is set to expand its portfolio of scooters and motorcycles, with plans to launch new variants of the XPulse, Xtreme, and Karizma, along with Vida electric and Xoom ICE scooters in the coming quarters. CEO Niranjan Gupta emphasized the importance of strengthening their premium segment, which now includes five brands, while confirming no new brands will be introduced in the next six months. The company recently showcased high-performance motorcycles and electric scooters at EICMA 2024, unveiling models like the Xpulse 210, Xtreme 250R, and Karizma XMR 250.

BYD Shark ute disrupts Australian market with impressive sales and features

BYD's new extended range electric vehicle, the Shark, has made a significant impact in Australia, selling over 2,000 units within 24 hours of its launch. Priced under AUD$60,000, it features all-wheel drive, a 30-kWh battery, and a braked towing capacity of 2,500 kg, positioning it as a competitive alternative to traditional utes. With the Australian market's demand for utes and favorable tax breaks, the Shark is set to challenge legacy brands and reshape the landscape of electric vehicles in the region.

Edom partners with Nvidia to enhance AI in infrastructure development

Edom is closely monitoring infrastructure development and has partnered with Nvidia to enhance industrial control and healthcare solutions. The company anticipates that current trends will persist through 2025, with artificial intelligence remaining the central focus of the industry.

hifting dynamics in global oil demand amid rising electric vehicle adoption

US shale oil producers are becoming increasingly efficient, potentially impacting future oil prices. The decoupling of oil demand from economic growth, driven by the rise of EVs and renewable energy, signals a structural change in markets, particularly in China, where oil consumption has declined for six consecutive months. OPEC's hopes for a recovery in oil demand are fading, as they postpone production increases and lower growth forecasts, while the developing world, especially India, may not compensate for China's reduced appetite for oil.

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