Technology Bulletin

    • Ericsson Accelerates 5G for Enterprise With Acquis...
    • Sep 28, 2020
    • Ericsson (NASDAQ: ERIC) has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key... View More
      Ericsson (NASDAQ: ERIC) has agreed to acquire Cradlepoint, the US-based market leader in Wireless Edge WAN 4G and 5G Enterprise solutions. The investment is key to Ericsson’s ongoing strategy of capturing market share in the rapidly expanding 5G Enterprise space. Cradlepoint complements Ericsson’s existing 5G Enterprise portfolio which includes Dedicated Networks and a global IoT platform. (Ericsson PR, September 18) Gareth Owen's key takeaways:  A small acquisition for Ericsson, but in an area they have little presence – the US enterprise market; there is very little overlap here.   Although Cradlepoint’s revenue does not add much to Ericsson’s top or bottom line, the wireless WAN edge market is growing fast and could become a very profitable acquisition. A key issue is how this could be perceived by core MNO customers if Ericsson is deemed to be competing with them.
    • Intel Gets U.S. Licences to Supply Some Products t...
    • Sep 28, 2020
    • Intel Corp has received licences from U.S. authorities to continue supplying certain products to Huawei Technologies, an Intel spokesman said on Tuesday. Last w... View More
      Intel Corp has received licences from U.S. authorities to continue supplying certain products to Huawei Technologies, an Intel spokesman said on Tuesday. Last week China’s Semiconductor Manufacturing International Corporation confirmed it had also sought permission to continue servicing Huawei. SMIC uses U.S.-origin equipment to make chips for Huawei and other companies. South Korean chipmaker SK Hynix also applied for U.S. licence for Huawei sales, but it has not yet gained approval, a person familiar with the matter said. (Reuters, September 22) Shobhit Srivastava's key takeaways:  These components are likely destined for Huawei’s notebook business – a relatively small unit.  A change of the current US administration may be the best hope Huawei has for a reversal of policy which is destroying their handset business.
    • Payments Giant Paytm Says Google’s Android Monopol...
    • Sep 28, 2020
    • Google’s monopoly over Android — the mobile operating system used by most smartphones around the world — is a major concern for Indian start-u... View More
      Google’s monopoly over Android — the mobile operating system used by most smartphones around the world — is a major concern for Indian start-ups, a top executive at online payments firm Paytm said Tuesday. Last Friday [Sep 18], the app was temporarily removed from the Google Play Store. Paytm said the U.S. tech giant told the Indian tech firm its app contained “content that doesn’t comply with (Google’s) Gambling policy.” (CNBC, September 22) Arushi Chawla's key takeaways:  Obviously parallels here with Epic Games’ legal battle with Apple, though Paytm has yielded by removing a ‘cashback’ campaign to get back into the Google Play Store.  With 95% of Indian smartphone users on Android, Google is in a powerful but delicate position. India’s antitrust body has been looking into allegations Google is unfairly promoting the Google Pay app domestically.   Stay tuned for more on this. When Paytm’s founder was asked if he would take legal recourse against Google he answered all options were open.
    • QuantumScape to Go Public via SPAC
    • Sep 8, 2020
    • QuantumScape, a solid-state battery developer for electric vehicles (EV), went public through a merger agreement with Kensington Capital Acquisition Corp at an ... View More
      QuantumScape, a solid-state battery developer for electric vehicles (EV), went public through a merger agreement with Kensington Capital Acquisition Corp at an enterprise valuation of $3.3 billion. (QuantumScape) Soumen's key takeaways:  QuantumScape is another venture-backed EV start-up to follow the SPAC method to go public instead of a traditional IPO, which proves to be costlier and lengthy. The other EV start-ups taking this route in recent times include Nikola, Canoo, Fisker and Lordstown Motors. Volkswagen-backed QuantumScape needed capital for starting commercialization of its solid-state battery, which is considered a replacement for the lithium-ion battery in the EV industry. Any delay in this commercialization will help other technologies, like hydrogen fuel cell, in capturing the EV market. This joining of forces between a battery developer and an automotive investment company will help QuantumScape to create a sustainable business strategy for the long term.
    • EV Market Share Hits 7.2% in Europe in Q2 2020
    • Sep 8, 2020
    • More than 129,000 new EVs (BEVs and PHEVs) were registered in the EU during Q2 2020, up 53.3%, according to the European Automobile Manufacturers Association. ... View More
      More than 129,000 new EVs (BEVs and PHEVs) were registered in the EU during Q2 2020, up 53.3%, according to the European Automobile Manufacturers Association. (Electric Cars Report) Aman's key takeaways:  Automakers are pushing EV sales as 2020 is the target year for EU CO2 emission standards, which limit average CO2 emissions per kilometre per new car sold. In some countries, pro-EV policies introduced during 2019 and 2020 are benefiting sales. EV sales will recover faster (compared to conventional cars) going forward as governments try to meet emission targets, revive the economy and generate more jobs.
    • Groupe PSA Enters Battery Production in Tie-Up Wit...
    • Sep 8, 2020
    • Groupe PSA has entered into a partnership with Total to start a new venture, Automotive Cells Company, for manufacturing batteries. (PSA Media Center) Sou... View More
      Groupe PSA has entered into a partnership with Total to start a new venture, Automotive Cells Company, for manufacturing batteries. (PSA Media Center) Soumen's key takeaways:  The COVID-19 pandemic has accelerated the plans to build a local supply chain to mitigate risks from a globalised supply chain. This venture will help the EU region in having enough battery capacity to meet the growing demand from EVs. With oil reservoirs depleting and global sentiments against polluting fuels, Total is looking for an alternative business. It had already entered the EV charging infrastructure business. This investment in battery production will help Total create an integrated business infrastructure. With its focus on EVs, Groupe PSA also needs to focus on developing high-performance Li-ion batteries.
    • Marelli and Highly Establish New Joint Venture
    • Sep 8, 2020
    • Japanese automotive supplier Marelli and Shanghai-listed Highly International have reached an agreement to establish a new joint venture, Highly Marelli, to foc... View More
      Japanese automotive supplier Marelli and Shanghai-listed Highly International have reached an agreement to establish a new joint venture, Highly Marelli, to focus on heating, ventilation & air conditioning (HVAC) and electric driven compressor (EDC) systems. (Marelli) Soumen's key takeaways:  The JV follows Marelli’s acquisition of equity interest in Shanghai Highly New Energy Technology Co from Johnson Controls-Hitachi Air Conditioning in August 2019. With this JV, Marelli will get access to the growing automotive market in China. Also, Marelli is now another step closer to becoming a globally diversified Tier 1 supplier.  Marelli’s expertise in thermal management solutions will help Highly to improve its products and create better value for customers.
    • GM Partners Honda to Develop Cars in N America
    • Sep 8, 2020
    • General Motors and Honda will share common vehicle platforms for EVs and ICEs. Co-development will start immediately, with engineering work starting in 2021. ... View More
      General Motors and Honda will share common vehicle platforms for EVs and ICEs. Co-development will start immediately, with engineering work starting in 2021. (ET Auto) Aman's key takeaways:  In 2018, Honda bought a stake in GM Cruise to share engineering expertise in developing AVs. In April this year, GM partnered with Honda to develop electric vehicles (EVs) for Honda. Prior track record of partnership will help both the companies. Automakers need investment to develop disruptive technologies like EVs and AVs. With any industry rebound taking around two years, partnerships and alliances are a good way to share costs. 
    • Nokia Powers the Grid in China for the World’s Big...
    • Sep 8, 2020
    • Nokia today announced that the State Grid Corporation of China (SGCC), the largest utility company in the world, will deploy a programmable and agile optical ne... View More
      Nokia today announced that the State Grid Corporation of China (SGCC), the largest utility company in the world, will deploy a programmable and agile optical network using Nokia’s leading IP/Optical solutions. The deployment will allow SGCC to expand network coverage to more power stations and business offices, while also increasing capacity and flexibility. (September 3, Nokia Newsroom) Gareth Owen's key takeaways: Nokia’s refocus in China to other parts of the mobile network (e.g. core and transport) is bearing fruit, as we see with this WaveFabric DC switching solution win.    It also won two DC interconnect contracts with Baidu and Tencent, as well as a 10% share of China Unicom’s 5G SA core network earlier this year.  With the WaveFabric platform, we believe Nokia is going to benefit from the start of a new 10-year webscale data hardware replacement cycle. 
    • LG Embarks on New Mobile Initiative to Explore the...
    • Sep 8, 2020
    • LG Electronics (LG) is kicking off the Explorer Project with a 30-second invitation video hinting at the first smartphone under this new lineup. Explorer Projec... View More
      LG Electronics (LG) is kicking off the Explorer Project with a 30-second invitation video hinting at the first smartphone under this new lineup. Explorer Project is both an initiative and a category and will include devices that deliver distinctive and yet unexplored usability experiences, a strategy that tackles uncharted territory in the industry. Details of the Explorer Project will be officially announced September 14 at 10:00 (EDT) on LG Mobile’s official YouTube channel and Facebook page. (September 2, LG Newsroom) Ankit Malhotra's key takeaways: LG seems to have already confirmed the LG Wing as its first Explorer Project device.  Apart from a few foldables, form factors and designs for the last few years have needed innovation and excitement. Kudos to LG for formalizing their ambitions with this initiative. It will be interesting to see how successful they are in incubating features which trickle down to their Universal Line products. 

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