Page 5 - Electronics Power News Today

Robber barons of the C21 Amazon generated record sales income of £38bn in Europe last year, while income in the UK soared by 51 per cent to reach almost £20bn – mind-blowing figures! At the same time Apple reported trading figures for the first three months of 2021 with another set of astonishing numbers. So much so, that it was able to announce a buy-back of shares worth $90bn – that’s equivalent to the value of BP, and that’s spare cash! Despi...

In a move intended to support local supply chains the South Korean government has announced a series of tax breaks, worth nearly $900m, to support chip manufacturers struggling with global shortages.

While profits may be booming at Infineon, and revenues have soared, the company has warned that the on-going chip shortages bedevilling the automotive industry could cut car production by 2.5 million in the first half of 2021.

May 3, 2021 Our client, a leader in mining technology, software and Electronics, seeks to urgently employ a Support Engineer who meets the following requirements, with proven experience as follows. Installation and commissioning of machine vision systems (incl. IP camera, IP laser, network switches, LED lights, etc.) on client equipment such as conveyor belts and flotation cells, with a focus on: – Sensor mounting and configuration (I.T) – Network connectivity & configuration (I.T) – Soft...

Pay by palm technology raises security worries News that Amazon in trialling palm-scanning technology at one of its Whole Food stores in Seattle is raising privacy concerns, due to the fact that the technology Amazon is using links a customer’s palm signature with their credit details. The contactless payment method, known as Amazon One, involves customers enrolling their palms in Amazon’s system to make payments with a palm ‘signature’ which is linke...

Nvidia’s Arm deal investigated Last weeks news that the UK government had invoked National security to probe Nvidias Arm deal means that the CMA, which was already investigating the possible effect of the deal on competition in the UK, will also now be considering national security interests While the ‘intervention notice’ issued by the government has raised questions over the $40 billion deal a spokesman for Nvidia said that it didn’t “believe t...

Siemens and Google Cloud to cooperate on AI-based manufacturing solutions Google Cloud and Siemens are to co-operate in order to optimise factory processes and improve productivity on the shop floor. According to Siemens, it intends to integrate Google Cloud’s data cloud and artificial intelligence/machine learning (AI/ML) technologies with its factory automation solutions to help manufacturers innovate for the future. Data is critical for today’s industrial pr...

The edge is set to become the ‘centre of everything’ New research suggests that up to $800 billion could be spent on new and replacement server equipment and edge computing facilities in the years running up to 2028. The research, from the Linux Foundation, says that growth is going to be driven by the deployment of 5G in industry, alongside the commoditisation of edge hardware and the rise of open source networking software. It expects investment to be equally...

Addressing the e-waste mountain With 6 million people saying the majority of their home appliances break within just two years, the ‘Right to Repair’ law that’s due to come into effect in the summer will have a significant impact on consumers and their bank balances. From this summer, consumers will have a Right to Repair their household appliances as the government looks to cut down on the estimated 1.5 million tonnes of electronic waste generated by the ...

Last week’s Budget expected a swifter bounce-back from the pandemic than had previously been expected.