Remove 2017 Remove Industrial Remove Purchase Remove Taiwan
article thumbnail

Tencent buys 5% stake in Tesla for $1.8 billion

Green Car Congress

Tencent acquired the shares through Tesla’s latest registered offering of common stock (17 March 2017, earlier post ) and through open market purchases. In 2015, Taiwan-based Hon Hai Precision Industry Co Ltd., China-based Tencent Holdings Ltd. Tencent also just signed a $4.65-billion billion loan deal, Reuters reported.

Buy 150
article thumbnail

IHS forecasts 11% rise in China automotive semiconductor market in 2014 due to safety and navigation features

Green Car Congress

The fast-growing semiconductor market for China’s automotive industry is set for double-digit expansion in revenue this year, propelled by an increasing desire among Chinese car buyers for added vehicle safety features and helpful infotainment applications such as car navigation, according to a new report from IHS Technology (NYSE: IHS).

China 199
article thumbnail

Who Really Invented the Thumb Drive?

Cars That Think

Henn Tan, shown here in 2017, fought a series of mostly losing battles against those who pirated Trek 2000’s ThumbDrive design and against rival patent claims. But none of the many independent stories of invention paint quite as clear an origin story—or had as much influence on the spread of the thumb drive—as the tale of Tan in Singapore.

Singapore 145
article thumbnail

Adgero signs €3.5M deal with ultracap manufacturer Skeleton for road freight KERS

Green Car Congress

Under the agreement, the French transport technology developer will now source SkelMod 160V modules exclusively for the Adgero hybrid system pioneered to increase efficiency for the truck transport industry. Under the deal for 2016 and 2017 Adgero will purchase hundreds of SkelMod units in a deal worth approximately €3.5

article thumbnail

TSMC’s Energy Demand Drives Taiwan’s Geopolitical Future

Cars That Think

The wind blowing in from the Taiwan Strait regularly blasts across Changhua Coastal Industrial Park. On this expanse of reclaimed land outside Taichung, Taiwan’s second largest city, 80 wind turbines, a pair of gas-fired power plants, and 4.3 square kilometers of solar farms generate electricity for Taiwan ’ s grid.

Taiwan 121