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Hon Hai Reports New June Sales High Amid AI Boom

07/07/2025 | I-Connect007 Editorial Team
Taiwan-based manufacturing giant Hon Hai Precision Industry Co. reported on July 5 that its sales for June rose 10 percent from the previous year, driven by cloud and networking growth because of the boom in artificial intelligence (AI), the Taipei Times reported.

MVTec, Siemens Expand Technological Cooperation

06/12/2025 | MVTec
MVTec Software GmbH and Siemens are expanding their technological cooperation in the field of industrial automation. To reinforce their increasingly close collaboration, Siemens joined the MVTec Technology Partner Program in May 2025.

Growing Demand for Mid-Size Displays Opens New Opportunities for FMM-Free OLED Technologies

06/05/2025 | TrendForce
TrendForce’s latest report on the display industry reveals that OLED technology—valued for its self-emissive structure, high contrast ratio, and lightweight design—continues to expand its market presence, primarily in small-size applications such as smartphones.

MVTec Takes a Giant Step Forward in Expanding its International Footprint

06/05/2025 | MVTec Software GmbH
MVTec Software GmbH, a leading international provider of machine vision software, continues to drive the expansion of its global presence. After opening a new sales office in the Benelux region in March of this year, the company has now added two more locations. On June 1, MVTec established a sales office on the Iberian Peninsula and a subsidiary in South Korea.

IBM Officially Closes Deal, Acquiring DataStax

05/30/2025 | I-Connect007
On May 28, DataStax announced that its acquisition by IBM had officially closed. The open-source database company based in Santa Clarita, California, announced the deal earlier this year, as part of its vision to accelerate AI production and NoSQL data at scale.
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