Shamayita Acharya

BERLIN (Reuters) - The semiconductor industry's struggle to keep up with incoming orders looks set to continue as supply bottlenecks may last until the end of 2022, a member of German chipmaker Infineon's management board told the Handelsblatt newspaper on Wednesday. "The bottlenecks will extend well into 2022 and could even last until the end of the year," Chief Marketing Officer Helmut Gassel told Handelsblatt. At the same time, demand is continuously high due to the global push towards digitalisation, Gassel added. "So far, we haven't seen any cancellations of orders," he said. (Reporting by Zuzanna Szymanska; Editing by Riham Alkousaa) ... Read More on Datafloq

Fashion has always been at the forefront of innovation. Fashion, like technology, is cyclical and forward-thinking. Any cutting-edge technology that generates advanced tools for the fashion industry, whether to improve production or consumption, is referred to as fashion technology.Designers, producers, merchants, and customers might all benefit from the technology, depending on its role. We may anticipate fashion technology to become more widespread as new technologies become accessible.According to Tractica, the global AI software industry would produce USD 118.6 billion in sales by 2025. Another Juniper Research estimate, worldwide retail investment in artificial intelligence is predicted to reach $7.3 billion per year by 2022.Your business is already behind if you aren't leveraging Artificial Intelligence (AI) to connect with your clients. This article examines the state of artificial intelligence in online fashion retail, contrasting organizations that employ it with others th

BEIJING (Reuters) - A strategic investment of 60 billion yuan ($9.42 billion) will be in place for Chinese chip conglomerate Tsinghua Unigroup before March 31, a report by the local 21st Century Business Herald said on Wednesday. The debt-laden company had earlier announced that a vote on the pending investment would take place on Dec. 29. Investors JAC Capital and Wise Road Capital will inject 60 billion yuan in cash as part of a restructuring plan for Tsinghua Unigroup, state media reported in December. ($1 = 6.3718 Chinese yuan renminbi) (Reporting by Sophie Yu, Tony Munroe; Editing by Christian Schmollinger) ... Read More on Datafloq

By Supantha Mukherjee and Helena Soderpalm STOCKHOLM (Reuters) -Sweden's Northvolt said on Wednesday its new gigafactory in northern Sweden has assembled its first battery cell, making it the first European company to design and manufacture a battery on the continent. The cell is of a prismatic cell format - a variety of thinner and lighter battery - and came off the assembly line on Tuesday. Northvolt CEO Peter Carlsson had told Reuters that the new factory would produce a battery this year "even if it means the first battery is made on New Year's Eve". "What we did yesterday was taking a few cells through the entire cell assembly process, from start to finish, as part of the commissioning of the machinery," a spokesman said. ... Read More on Datafloq

By Sudarshan Varadhan and Sayantani Ghosh CHENNAI (Reuters) -Apple said it had placed the southern Indian factory of iPhone assembler Foxconn on probation after both companies found that some worker dormitories and dining rooms did not meet required standards. Apple did not explain what probation meant. When it placed the southern India plant of another supplier, Wistron Corp, on probation after unrest last year, it said it would not award that company new business until it addressed the way workers were treated. The latest action follows protests that erupted this month after more than 250 women who work at the Foxconn plant and live in one of the dormitories were treated for food poisoning. More than 150 were hospitalised, Reuters reported. ... Read More on Datafloq

BEIJING (Reuters) - China will improve copyright protection livestreaming, e-commerce and sports events by 2025, the country's copyright regulator said on Wednesday. Copyright protection will be strengthened and improved in new industries and new areas, according to the 14th Five-Year Plan for Copyright Work issued by the National Copyright Administration. The Plan said the development and application of new technologies such as big data, artificial intelligence and blockchain will be strengthened, and copyright protection in sports events, variety shows, livestreamings and e-commerce platforms will be improved. (Reporting by Sophie Yu, Tony Munroe, Editing by Louise Heavens) ... Read More on Datafloq