Category:

Technology

Intel CEO says chip shortage to hit bottom in second half of 2021

“I don’t expect the chip industry is back to a healthy supply-demand situation until ’23,” he said in an interview. “For a variety of industries, I think it’s still getting worse before it gets better.”
Longer-term, the chip industry is positioned for a period of growth, Gelsinger predicted. Over the next decade, the increasing uses for chips – including 5G phone systems, electric vehicles and expanded artificial intelligence – will drive strong demand, he said.

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Many large e-comm firms have blatantly flouted laws of land: Goyal

Commerce and Industry Minister Piyush Goyal said that many of the practices which these companies follow are against the interest of consumers and the government has recently come out with draft rules for e-commerce companies or marketplace models, which are applicable to all entities including Indian.

These rules are to protect consumer interest, he said at a webinar.

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EVs to dominate sales 5 years sooner than expected in US, Europe: EY

In terms of EV sales volumes, Europe is expected to lead the way until 2031, with China taking the lead from 2032 to 2050.

According to Randall Miller, EY Global Advanced Manufacturing and Mobility Leader: “A mix of changing consumer attitudes, ambitious climate-focused regulations and technology evolution is about to change the landscape of vehicle buying forever. While the automotive industry has begun to more fully embrace the move toward electrification, the impact of this seismic shift is arriving sooner than many expected.”

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India to come out with space transportation policy, onboard

According to the Department of Space (DoS), globally, the participation of private agencies in providing launch services has increased and some of them have become significant players in the commercial market for launch services.

India is also witnessing the emergence of a ”New Space” wherein the private players in the space sector aim to tap the commercial potential of small satellite launch services by developing small satellite launchers for the global market, it said.

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India’s digital database for farmers stirs fears about privacy, exclusion

AgriStack will create “a unified platform for farmers to provide them end to end services across the agriculture food value chain,” authorities have said, amid a broader push to digitise data in India, from land titles to medical records. But the project is being rolled out without consultations with farmers, and with no legal framework to protect their personal data, according to more than 50 farmers’ groups and digital rights organisations that have criticised the proposal.

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Bezos’ 2021 Space Odyssey a risk too far for insurers

There is a nearly $500 million market to insure satellites, rockets and unmanned space flight, but no legal requirement for an operator such as Blue Origin, which Bezos founded, to insure passengers for injury or death or for space tourists to have life cover, brokers and insurers said.

“We’re not aware of a case where anybody is insured against passenger liability,” Neil Stevens, senior vice president, aviation and space at Marsh, the world’s biggest insurance broker, told Reuters.

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SpiceXpress, Delhivery join hands for commercial drone delivery

Drone delivery is the future of logistics and both companies have joined hands to experiment with drone technology to provide state-of-the-art services and make it more popular in the coming years.

The technology will be tested for several commercial applications like emergency services, delivery of goods, critical medical services and environmental monitoring. Delhivery will provide the necessary on-ground support to ensure speedy and reliable first-mile and last-mile logistics.

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