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Taiwanese silicon wafer maker GlobalWafers prevented from buying German competitor Taiwanese silicon wafer maker GlobalWafers prevented from buying German competitor

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Taiwanese silicon wafer maker GlobalWafers prevented from buying German competitor

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The German Ministry of Economy said it did not have enough time to complete its investment application by Taiwanese company GlobalWafers to acquire German company Siltronic. GlobalWafers will now have to pay Siltronic €50 million in compensation.

GlobalWafers is the third largest supplier of wafers, with TSMC, Samsung, Intel, STMicroelectronics, Infineon and other manufacturers buying, second only to Japan’s Shin-Etsu Chemical and Sumco.

Taiwanese silicon wafer maker GlobalWafers prevented from buying German competitor

GlobalWafers had until Monday to get approval from the German economy ministry before the offer to Siltronic’s shareholders expired. The ministry, however, said it did not have enough time to complete the review, thus derailing the deal.

GlobalWafers management calls the result “very disappointing”, noting that the company will have to consider the German decision while continuing to work with European clients and developing a future investment strategy.

GlobalWafers said it directly owns a 13.67% stake in Siltronic, and there are no specific restrictions on how it can dispose of this stake after an unsuccessful acquisition attempt.

GlobalWafers has announced its offer to take over Siltronic for more than €4 billion at the end of 2020. Since then, the deal has been approved by antitrust regulators in the United States, Japan, South Korea, Taiwan and China. However, the takeover bid has now been withdrawn and agreements already entered into will be terminated.

The parties had previously agreed that GlobalWafers would pay €50 million in compensation to Siltronic in the event of failure to obtain the necessary regulatory approvals. Given the strong financial position of the Taiwanese company, the payment will not have a serious impact on its performance.

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Phones

King Kong 9 comes out in June. This is a rugged smartphone from Cubot with a 10,600 mAh battery, a 100-megapixel camera and two screens.

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King Kong 9 comes out in June This is a

Cubot today officially announced that a new smartphone called King Kong 9 will be released in China on June 7. It will be a rugged model with a very large battery.

King Kong 9 comes out in June.  This is a rugged smartphone from Cubot with a 10,600 mAh battery, a 100-megapixel camera and two screens.

“King Kong 9” will be built on SoC MediaTek Helio G99. He will receive a 32-megapixel front camera and a main one with sensors with a resolution of 108 and 5 megapixels. Also, the device will receive an infrared camera.

King Kong 9 comes out in June.  This is a rugged smartphone from Cubot with a 10,600 mAh battery, a 100-megapixel camera and two screens.

The battery capacity of the smartphone will be 10,600 mAh, it will support 32 W wired charging. A feature of the external design will be the presence of two screens – along with the usual small round screen, resembling a watch dial, will be placed on the rear panel.

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Hybrid Toyota RAV4 drove almost 2 thousand km without gasoline

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Hybrid Toyota RAV4 drove almost 2 thousand km without gasoline

Toyota cars are known for their reliability, and there are even quite a few extreme tests when the engines of a Japanese brand are forced to run without oil – and they are able to drive hundreds of kilometers like that. But without gasoline, Toyota cars with internal combustion engines have not yet learned how to drive. Another thing is a hybrid.

Hybrid Toyota RAV4 drove almost 2 thousand km without gasoline

Photo: Toyota

Startup Electreon is working on wireless charging technologies for electric vehicles and hybrids, integrated directly into the roadway. It was he who spoke about the world record for the range of electric driving without stopping for recharging – the RAV4 hybrid crossover, modified so that the charge of its traction battery is replenished directly while driving on a special road, turned out to be a participant in the record race. In the experiment, the crossover moved continuously for 100 hours and covered a distance of 1924 km during this time, powered exclusively by a traction battery with a capacity of 18 kWh.

Electreon said that during the entire experiment, the crossover wirelessly received 241.69 kWh of electricity. True, he had to move slowly, but in general the technology works. The car was moving not along an ordinary road, but along an oval-shaped polygon with an area with integrated wireless charging.

The developers of the technology plan to create a special hardware kit that can be installed on any electric car or hybrid so that it can be charged on the go. The technology is being tested in Sweden, France and Belgium.

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680-horsepower “Chinese Gelendvagen” with a power reserve of 1200 km, three screens and a lot of buttons. New live photos of the BYD FangChengBao SF showroom have surfaced

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680 horsepower Chinese Gelendvagen with a power reserve of 1200 km

The interior of the large hybrid off-road BYD FangChengBao SF with three screens on the center console and a new color scheme was shown in spy shots.

680-horsepower

As a reminder, FangChengBao is a new BYD brand for vehicles powered by new NEV energy sources, which was launched on May 15. Its name in English sounds like Equation Leopard or Formula Leopard. This is a premium brand that sits between Denza and Yangwang. Its price will range from $57,000 to $86,620, and the lineup will consist of SUVs and pickups.

The length of the FangChengBao SF is about 5 meters, and the power unit produces up to 680 hp. This is a plug-in hybrid PHEV with a combined range of 1200 km on the CLTC cycle. Tests of the car on public roads are already underway.

680-horsepower

680-horsepower

The salon is made in light gray and black colors. The seats are upholstered in perforated leather. The FangChengBao SF has thick pillars and large rear view mirrors. As for the central tunnel, it has a pair of cup holders, a gear selector and a set of physical buttons that control driving modes, an all-wheel drive system and other functions. The door panels have large chrome door handles. Under the central tunnel is a space for things.

680-horsepower

680-horsepower

The digital instrument panel is located directly behind the steering wheel. In the center is a large floating screen with a diagonal of at least 15 inches. The third screen is located in front of the front passenger.

The second row of seats feels too basic, with no screens in the back other than two USB ports. Recall that the model is called the “Chinese Gelendvagen”, it will compete with the Mercedes G-Class.

Sales should start soon.

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