Northrop Grumman has announced it will make a AU$50 million investment to develop an advanced defence electronics maintenance and sustainment centre located in Western Sydney. The centre will ultimately be located at the Badgerys Creek precinct, where Northrop Grumman will be the anchor tenant for an advanced aerospace and defence industries precinct. Over the coming … Continue reading Northrop Grumman to invest AU$50M in defence technology
The report, titled “RFID Sensors 2017-2027: Forecasts, Players, Opportunities” has found that the RFID sensor market will grow to $USD980 million by 2027. In fact, RFID is booming and now accounts for the largest number of silicon integrated circuits (ICs) made of one particular type. But in addition to over 20 per cent growth over the … Continue reading RFID Sensor market booming as more companies enter market
Nuheara, makers of intelligent, truly wireless earbuds, announced the launch of its flagship product, IQbuds, at the Consumer Electronics Show in Las Vegas.
Some $6.12bn worth of growth opportunities fall through the cracks of Australian mid-sized businesses every year due to insufficient or variable cash flow, according to research released by American Express today. More than one-third (40 per cent) of mid-sized CFOs admit their business has been delayed or unable to achieve a strategic business objective due … Continue reading Cash flow variables a business growth killer says study
Sounds like an object right out of a sci-fi movie but Seven Dreamers, CEO, Shin Sakane seems to have come up with the “perfect” solution to everyone’s weekend clothing chores. Bloomberg has reported that the Japanese inventor received six billion yen (A$71 million) from partners, including Panasonic, last month to advance what was coined “the … Continue reading Panasonic & partners to build laundry bot
Australia’s innovations will grow into successful businesses with help from the CSIRO Innovation Fund, a $200 million fund to commercialise early stage innovations from CSIRO, universities and other publicly-funded research bodies. The CSIRO Innovation Fund, launched today, will support co-investment in new spin-out and start-up companies, and SMEs engaged in the translation of research generated … Continue reading CSIRO to spend $200m on Aussie innovation
President-elect Donald Trump is right: The Trans-Pacific Partnership (TPP) is a damaging deal and deserves to be killed off.
ASX-listed Australian hearing implant manufacturer Cochlear has lost a court case in the US over two disputed hearing aid patents. In a ruling delivered last Thursday, the [US] Court of Appeals for the Federal Circuit ruled in favour of the Alfred E. Mann Foundation (AMF), confirming that defendants Cochlear infringed on two claims of AMF … Continue reading Cochlear loses US patent appeal
Materials handling company, the Kion Group, has successfully completed its $2.1 billion dollar (A$2.86 billion) acquisition of automation and supply chain optimisation specialist Dematic earlier this month. With the acquisition, the Kion Group will now feature a suite of products ranging from forklift trucks to AS/RS solutions. “The transaction brings together the world’s most profitable … Continue reading Kion completes Dematic acquisition
Australia’s 457 visa system is back in the news again. If you believe Labor, the 457 visa is a rort allowing foreign workers to steal Australian jobs. The government, on the other hand, defends it as a way for Australia to meet skills gaps in the economy. Misunderstanding the problem is leading to wrong solutions … Continue reading The real issues with the 457 visa aren’t being addressed
Google’s Pixel phone costs a total of $US 285.75 to make, according to a preliminary analysis by IHS Markit.
Apple is going to investigate claims that an iPhone 7 caught fire, which resulted in the destruction of the handset owner’s vehicle.
There are rumours that Apple is working with Sydney company Sonder Design to develop a special “E-Ink” keyboard for release with the 2018 MacBook.
What next after OLED televisions? How about an invisible television? One that ‘melts’ into the background when it is switched off. Earlier this week Panasonic unveiled its latest version of a television that is almost invisible to the naked eye when in ‘off’ mode.
Telecom company Ericsson will axe 3,000 jobs as it ends 140 years of production in Sweden, according to reports. Daily paper Svenska Dagbladet broke the news of plans to shut the last two remaining plants in the country, at Boras and Kumla. If it went ahead, it would mean job losses for about 3,000 of … Continue reading Reports Ericsson plans to cut 3,000 jobs, end Swedish production
First released in October last year, the Synergy platform was officially launched by Renesas in Australia recently. Brent Balinski spoke to the company and one of its local independent design house partners about developing products for the Internet of Things.
Not only is Apple suffering from a major lack of hardware innovation but it’s also being outdone in software and online, where apps reign supreme. It quite possibly signals the company’s eventual demise.
Semiconductor maker Intel has announced a licencing deal with rival ARM Holdings, which will use Intel’s manufacturing resources to produce 10-nanometre mobile phone parts.
Innovative power supply manufacturer, Setec, has appointed Louise Bayliss as Chief Executive Officer, making her one of only a few women CEOs in Australian manufacturing today.
Like Henry Ford before him, Tesla founder and CEO Elon Musk is taking a new approach to car making. Where Ford focused on manufacturing a car that the mass market could afford, Musk is keen to build a vehicle that the environment can bear.