Global connected car sales are likely to exceed 500 million in the 2024-2030 period, and about nine out of 10 such vehicles sold in 2030 will have embedded 5G capability, a report showed on Friday.China is expected to lead the connected car .
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New Delhi, April 26 (IANS): Global connected car sales are likely to exceed 500 million in the 2024-2030 period, and about nine out of 10 such vehicles sold in 2030 will have embedded 5G capability, a report showed on Friday.
Intel slides as foundry business loss spotlights gap with TSMC tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
Intel shares fell nearly 7% on Wednesday, as ballooning losses at its contract chip-making business signaled the company could take years to catch up with the profitability of rival Taiwan Semiconductor Manufacturing Co. Disclosing new financials details for its foundry unit on late Tuesday, Intel said the business posted operating losses of $7 billion in 2023 compared with $5.2 billion in 2022. "We expected foundry economics to be bad, and they truly are," said Bernstein analyst Stacy Rasgon. "We likely have several years of substantial headwinds still in front of us."