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Lear to acquire EXO Technologies for connected car tech

Lear Corporation, a global supplier of automotive seating and electrical systems, has entered into a definitive agreement to acquire Israel-based EXO Technologies, a developer of GPS technology providing high-accuracy solutions for autonomous and connected vehicle applications. EXO Technologies has operations in San Mateo, California, and Tel Aviv, Israel. Financial terms of the transaction were not disclosed. EXO Technologies has developed core technology that addresses the need for high-accuracy positioning in a vehicle. Its proprietary technology works with existing GPS receivers to provide centimeter-level accuracy anywhere on the globe without the need…

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Samsung Galaxy A8+ (2018) Photos Leaked, Show an Infinity Display

HIGHLIGHTS 2018 models of the Samsung Galaxy A-Series are highly anticipated Samsung Galaxy A5 (2018), Galaxy A7 (2018) have leaked before Now, photos of the Samsung Galaxy A8+ (2018) have emerged Samsung appears to be planning to completely revamp the design and launch strategy for its Galaxy A-Series smartphones. While the Samsung Galaxy A7 (2018) and Galaxy A5 (2018) have already appeared in several leaks, a fresh leak now points to the Galaxy A8+ (2018) sporting an Infinity Display as well – first seen in the Samsung Galaxy S8 earlier this…

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Nokia 3 to Receive Android 8.0 Oreo Update Directly, Skip Android 7.1.2 Nougat

HIGHLIGHTS HMD Global’s Sarvikas confirmed direct Oreo update for Nokia 3 Nokia 3 won’t receive Android 7.1.2 Nougat update The smartphone was launched with Android 7.0 Nougat in February Weeks after bringing an Android Oreo update to Nokia 8, HMD Global is now all set to release the same latest update for Nokia 3. The new move also points to the fact that the Finnish company has no plans to bring an Android 7.1.2 Nougat update for the Nokia 3 smartphone. HMD Global’s Juho Sarvikas on Saturday confirmed the ongoing developments. Sarvikas, the…

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Nokia 9 to Launch on January 19 Alongside the Nokia 8

HIGHLIGHTS HMD Global is rumoured to be hosting an event in China on January 19 Nokia 9 to said to be the showstopper at the China event Price details of the next Nokia flagship also surfaced online After some leaks and rumours, it is now reported that HMD Global is hosting an event in China on January 19 to formally unveil the Nokia 9. The Finnish company is said to showcase the Nokia 8 (2018) in addition to its next flagship model at the Chinese event. Last month, we saw a protective case…

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Samsung Electronics to Set Up AI Research Centre

Samsung Electronics Co Ltd said on Wednesday it would create an artificial intelligence (AI) research centre and strengthen an executive role to look for new business areas for all its three major business groups. The minor changes to the tech giant’s business structure were to “quickly respond to market changes,” Samsung Electronics said in a statement. The move follows last month’s appointment of a new generation of top managers that dispelled lingering worries about a leadership vacuum from the detention of Vice Chairman Jay Y. Lee. The new AI research centre would be under a…

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Tesla Beats Deadline for Building World’s Biggest Battery

Entrepreneur Elon Musk has won a $50 million (roughly Rs. 324 crores) bet by beating a 100-day deadline for building a giant battery to help South Australia avoid energy blackouts, officials said. State Premier Jay Weatherill said testing of the massive lithium ion battery would begin within days, ahead of the December 1 deadline Musk set for himself when he signed off on the project earlier this year. Musk had pledged to build the battery in the South Australian outback for free if it was not completed within the 100 days. He…

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