2020-06-15

Huawei Invests in China-based VCSEL Maker Vertilite to Secure Its Supply Chain

Huawei’s subsidiary Hubble recently invested in Vertilite, a semiconductor startup focusing on VCSEL development. The amount of the investment was not revealed. Vertilite has become the VCSEL supply of Huawei after the U.S. banned Lumentum shipment to the China tech giant in May, 2019. Huawei thus turned to Vertilite for the 3D sensing component and further pushed the de-Americanization plan. Hubble is an investment company of Huawei and has invested different China-based semiconductor companies to help strengthening their technology and fortifying i...
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France-based car maker Peugeot unveiled a new concept car, the Peugeot RCZ Vision, building on the company's 2009-2015 RCZ coupe - with a host of new technologies. The RCZ Vision, build on Stellantis' STLA One architecture, is an ele... READ MORE