All Business News

R&D grants found to significantly boost growth and create jobs

Research led by Prof Stephen Roper, from the Warwick Business School and director of the Enterprise Research Centre, has found that over a 13-year period, R&D grants spurred growth worth £43 billion to the British economy – more than five times the £8 billion invested – and created around 150,000 jobs

Jaguar Land Rover commits to an electric/hybrid future

Jaguar Land Rover (JLR) has joined a growing list of carmaker to say it will stop building cars solely powered by internal combustion engines. The UK- based manufacturer has announced that all new models from 2020 will be either fully electric or hybrid.

Stadium expands with PowerPax acquisition

Stadium Group is continuing to expand its power portfolio, with the latest move being the acquisition of PowerPax UK, which manufactures and distributes power supplies, battery chargers and LED products, including AC/DC switch mode power supplies and DC/DC converters.

Semi sales through European distributors continue to boom

Demand for semiconductors from European companies showed no signs of slowing during the second quarter of 2017, according to distribution association DMASS. In its latest report, the organisation noted record semiconductor sales of €2.19billion, 17.3% higher than in the corresponding quarter of 2016.

Imagination ADAS technology licensed by DENSO

DENSO has announced that it has licensed MIPS I6500 CPU and PowerVR Series8XT GT8525 GPU from Imagination to create a test chip to exploit the capabilities of technologies such as hardware multi-threading and virtualization for automotive electronic systems including advanced driver assistance systems (ADAS) and autonomous driving.

DSEI to highlight innovation

The Defence & Security Equipment International (DSEI), seen by some as the world’s largest arms fair, returns to London next month, displaying the latest technology for the defence and security sectors.

Photonics funded £31million from EPSRC

A set of Prosperity Partnerships announced by the Engineering and Physical Sciences Research Council (EPSRC) and the Industrial Strategy Challenge Fund (ISCF) will receive £31million in funding. This will be matched by a further £36m from partner organisations and £11m from university funds.

Power source problem solved for EUV

Extreme ultraviolet lithography – or EUV – has been regarded as the saviour of semiconductor manufacturing for more than a decade. Originally intended to be deployed at the 32nm node, the technology has been delayed by the inability to generate the required power level that would enable the wafer throughput demanded by manufacturers. Now, the earliest that EUV is likely to be deployed is at the 7nm node.

Toolkit developed to narrow the ‘valley of death’

One of the continuing problems with UK innovation is the failure to capitalise on developments. But the gap between innovation and commercialisation could be narrowed by a toolkit developed by the Manufacturing Technology Centre (MTC) and researchers at Heriot-Watt University in Edinburgh.

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