Velodyne Lidar recently reported new collaboration with its partners in China. The recently listed LiDAR maker said that it has entered a long‑term global cross-licensing relationship with RoboSense (Suteng Innovation Technology) and signed a three-year sales agreement with Baidu. (Image: Velodyne Lidar) The cross-licensing relationship with RoboSense encompasses a broad range of 360° surround-view LiDAR sensors, by which Velodyne said will be mutually beneficial for the existing and future patents of both companies. Velodyne and RoboSense have also agr...

Eric Rondolat, CEO of Philips Lighting, talked briefly about the lighting market in the US during an interview with CNBC.

Philips Lighting announced that it has added Baidu to its ‘Friends of Hue’ partner program.