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BaTelab raises $53m in Hong Kong IPO; shares fall

December 29, 2023
david manners

BaTelab, a 13 year-old Chinese analogue company based in Suzhou backed by the car manufacturer BYD, raised $52.8 million in an IPO on the Hong Kong stock exchange yesterday. Later ...

The post BaTelab raises $53m in Hong Kong IPO; shares fall appeared first on Electronics Weekly.

Q3 PC shipments down 7.2% y-o-y

December 29, 2023
david manners

Q3 PC shipments were 7.2% down y-o-y at 68.5 million units in the third quarter of 2023, according to IDC, which expects full-year 2023  shipments to be down 13.8% y-o-y ...

The post Q3 PC shipments down 7.2% y-o-y appeared first on Electronics Weekly.

Xiaomi makes an EV

December 29, 2023
david manners

Xiaomi, the Chinese phone company, has come out with an EV called SU7 with SU standing for Speed Ultra. Top speed is 265 kph and it can go from 0 ...

The post Xiaomi makes an EV appeared first on Electronics Weekly.

Lighting manufacturing revenues fall

December 29, 2023
david manners

Demand remains subdued for most retail, indoor lighting, and specialised lighting manufacturers, says TrendForce. In 2023 the revenues of the top ten manufacturers fell 5% y-o-y. A return to growth ...

The post Lighting manufacturing revenues fall appeared first on Electronics Weekly.

Raytheon NORSS wins UK Space Surveillance and Tracking contract

December 29, 2023
Alun Williams

The UK Space Agency has awarded Raytheon a contract to provide Space Surveillance and Tracking Services Data (SST) from low-Earth orbit (LEO). Specifically, Raytheon NORSS – Raytheon’s UK-based space domain ...

The post Raytheon NORSS wins UK Space Surveillance and Tracking contract appeared first on Electronics Weekly.

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