GUANGZHOU — Toyota Motor has cut 1,000 jobs at its business in China. The slowdown in the world’s second-biggest economy has resulted in lackluster sales of new cars, creating more headwinds for automakers. GAC Toyota, Toyota’s subsidiary in China that is also a joint venture with Chinese auto giant Guangzhou Automobile Group, said it terminated… Continue reading Toyota slashes 1,000 jobs at operations in China
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Implementation of the first robotics packet sorting system by Geek+ and Hongkong Post
A fleet of Geek+ sorting and mobile robots is now operating in the Hongkong Post’s Central Mail Centre Innovative technology delivers efficiency and accuracy in packet sortation to provide customers with reliable and efficient postal services HONG KONG, July 25, 2023 /PRNewswire/ — Hongkong Post and Geek+ have teamed up to implement its first robotic packet sorting system.… Continue reading Implementation of the first robotics packet sorting system by Geek+ and Hongkong Post
BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data
The partnership will enable Booking.com to automate the way it updates and manages information about accommodations with recognised third-party sustainability certifications on its platform COPENHAGEN, Denmark, July 25, 2023 /PRNewswire/ — BeCause, a startup enterprise software company transforming how the hospitality, travel, and tourism industries manage their sustainability data, has announced a new partnership with global online… Continue reading BeCause Partners with Booking.com to Provide API for Third-Party Sustainability Certification Data
Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity
MCLEAN, Va., July 24, 2023 /PRNewswire/ — Iridium Communications Inc. (NASDAQ: IRDM) a leading provider of global voice and data satellite communications, today announced the introduction of its Iridium Certus® aviation commercial service, providing a secure cockpit domain with reliable voice and data capabilities. This milestone achievement marks the availability and certification of Iridium Connected®… Continue reading Iridium Launches Iridium Certus for Aviation Service, Revolutionizing Aircraft Connectivity
Tickets for scenic flights from Tacoma’s Ruston Way waterfront on sale now
Kenmore Air, Puyallup Tribe open seaplane terminal in first-of-its-kind partnership TACOMA, Wash., July 25, 2023 /PRNewswire/ — Tickets are on sale for scenic flights from the new Puyallup Tribal Air Terminal with Kenmore Air on Ruston Way in Tacoma. The first public flights are scheduled to take off on Friday, Aug. 11. They will take… Continue reading Tickets for scenic flights from Tacoma’s Ruston Way waterfront on sale now
New Supply Chain Challenges Are Coming – Modern Control Towers May Be the Solution, Says Info-Tech Research Group
Geopolitical activities are causing economic action to be reallocated around the world, leading to new supply chain challenges beyond those felt during COVID-19. To mitigate risks, the firm suggests that businesses must renew their focus on supply chain management. TORONTO, July 25, 2023 /PRNewswire/ – Supply chain management is one of the most complex functions within… Continue reading New Supply Chain Challenges Are Coming – Modern Control Towers May Be the Solution, Says Info-Tech Research Group
Linda Nyquist-Evenrud appointed interim CEO of Kongsberg Automotive
Zurich, July 24, 2023: The Board of Directors of Kongsberg Automotive ASA (KA) has appointed Linda Nyquist-Evenrud as interim President & Chief Executive Officer (CEO) effective July 25, 2023. “I am very pleased to announce Linda Nyquist-Evenrud as the new interim CEO of KA. Linda has extensive experience from her 15 years of service at… Continue reading Linda Nyquist-Evenrud appointed interim CEO of Kongsberg Automotive
Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
GTCR to Acquire Once For All from Warburg Pincus
Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus
Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research