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MediaTek Shifts Focus to Cars, AI Amid Supply Glut in Smartphone Market

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Taiwan’s top chip design company MediaTek is focusing more resources on chips for cars and AI computing as its smartphone clients face a supply glut and inflation and macroeconomic uncertainty dent demand for consumer electronics. “We are definitely moving our resources very, very rapidly towards the automotive and computing areas, because those areas will provide … Read more

Electric Vehicles Made Up Nearly 15 Percent of All Sales in Delhi in March, Data Shows

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Electric vehicles accounted for nearly 15 percent of all vehicles sold in Delhi in March, according to the data of the transport department. It also stated that 7,926 electric vehicles (EVs) were sold in March, out of which four wheelers contributed to 20 percent of the sale and three wheelers contributed 12 per cent. A … Read more