Big drop for global semiconductor revenue in 2023
Worldwide semiconductor revenue in 2023 totaled $533-billion, a decrease of 11,1% from 2022, according to preliminary results by Gartner. “While the cyclicality in the semiconductor industry was present again in 2023, the market suffered a difficult year with memory...
New vehicle tech will be worth $1,6trn by 2034
Autonomous driving, electric vehicles, connected and software-defined vehicles, and in-cabin monitoring are all megatrends reshaping the automotive industry. Together, these technologies combine to form a $1,6-trillion opportunity by 2034, nearly a 10-fold increase...
Chinese smartphone market declines as Huawei loses ground
The smartphone market in Mainland China finished 2020 with 84-million units shipped in Q4 2020, declining 4% year-on-year. That meant for the full year, the China market declined 11% to arrive at just over 330-million units, as market recovery was stalled by the rapid...
CEOs prioritise employee well-being, worry about remote workforce
A top challenge for CEOs over the next few years will be in managing an "anywhere" workforce, according to a new IBM Institute for Business Value (IBV) study. CEOs of outperforming organisations - those who were in the top 20% for revenue growth of those surveyed -...
Xerox spins out three new businesses
Xerox Holdings is branching out and has set up three new businesses - Software, Financing and Innovation - aimed at delivering long-term growth in 2021 and beyond. The company has announced organisational changes to support the new businesses. "We are focused on...
Global cloud services market surges by $10bn in Q4
Cloud infrastructure services spending increased 32% to $39,9-billion in the last quarter of 2020, following heightened customer investment with the major cloud service providers and the technology channel. Total expenditure was over $3-billion higher than the last...
Massive rise in threats from fake learning platforms
As the pandemic continues and schools globally experience either renewed closures or pursue a hybrid model of learning (in-person and remote), the educational sector continues to attract the attention of cybercriminals on the Internet. From July to December 2020, 270...
Covid fails to dampen semiconductor sales
Despite the impact of Covid-19 on the global economy, the semiconductor market performed better than expected in 2020, fueled by the growth in cloud computing and demand for devices to support remote work and learning. Worldwide semiconductor revenue grew to...
Musk’s Neuralink implants wireless device into a money
In its quest to establish a brain-computer interface, Elon Musk says his company Neuralink has successfully implanted a device into a monkey's brain. The billionaire told private social app Clubhouse that Neuralink has a implanted a wireless device into a monkey's...
Lack of passwords behind smart device attacks
A massive 34% of all cyber attacks on smart devices occur because there are no password credentials set at all. According to Avira's research team, in these IoT attacks, hackers focus on a known vulnerability in a smart TV or smart camera, for example, and try...
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