ASML held back by stalled sales of big earning tools

AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV ASML.AS sounded a note of caution over sales of its newest tools worth $200 million apiece on Wednesday, as it delivered better-than-expected earnings and forecast double-digit growth next year.

FILE PHOTO: ASML Holding logo is seen at company’s headquarters in Eindhoven, Netherlands, Januari 23, 2019. REUTERS/Eva Plevier

ASML is depending on the likes of chipmakers Taiwan Semiconductor Manufacturing Co Ltd 2330.TW, Samsung Electronics Co Ltd 005930.KS and Intel Corp INTC.O to sell its most advanced “EUV” or extreme ultraviolet, machines, which use energy beams to map out circuitry of computer chips.

Intel said in July it was six months behind on plans to make its next generation of chips.

ASML Chief Financial Officer Roger Dassen said the company would likely be “a few systems shy” of selling a targeted 35 of the machines this year, due to customers not being

Read More
Read More

China held a $1.5 million lottery to test a new digital currency

China is taking its digital currency tests to a new level by giving away more than 10 million yuan ($1.5 million) in a new lottery (via CNBC). The state-run People’s Bank of China gave 50,000 randomly selected citizens a “red packet” worth 200 yuan ($30), to spend at several thousand designated retailers in Shenzhen’s Luohu district. The idea is to not only test the technology involved, but boost consumer spending in the wake of the COVID-19 pandemic.

The winners will be be required to download a digital Renminbi app in order to receive the digital money, according to state news site China Daily. After that, they’ll reportedly be able to buy goods from local pharmacies, supermarkets and even Walmart,.

China started ramping up trials with the digital yuan last April, when it ran a pilot program that reportedly included US companies like McDonald’s and Subway. Unlike decentralized cryptocurrencies

Read More
Read More

2nd OIC Summit on Science and Technology will be held in December

2nd OIC Summit on Science and Technology will be held in December

ISLAMABAD, Oct 11 (APP): The next Science and Technology (S&T) Summit of the Organization of Islamic Countries (OIC) would be held online in early December due to the continuing pandemic situation and organized by the Government of the United Arab Emirates.

This was revealed by the Assistant Secretary General (S&T) of the OIC, Ambassador Askar Mussinov while addressing the Steering Committee for Implementation of the OIC Science and Technology Agenda comprising the Heads of 12 OIC organs in an online meeting organized by COMSTECH.

He stated that the Summit would provide an opportunity for the member States to reaffirm their national commitments towards cooperation in science and technology and for strengthening actions at the science-policy interface.

The Coordinator General of COMSTECH, Prof. Dr. M. Iqbal Choudhary, shared with the members that the 1st Summit was held in 2017 in Astana, Kazakhstan, and had approved a vision and broad plans for

Read More
Read More

Texas Tech Review: Player, Coach Baptisms Were Held at Softball Facility | Bleacher Report

Texas Tech runner Trenity Edwards (44) rounds third as she celebrates a home run against Baylor during an NCAA softball game on Friday, April 12, 2019 in Waco, Texas. (AP Photo/Stephen Spillman)

Stephen Spillman/Associated Press

An internal review of the Texas Tech softball program, which prompted the resignation of head coach Adrian Gregory, has also revealed that two players and an associate head coach were baptized at team facilities. 

Trenity Edwards, who led the team in hits in 2019, was baptized March 12, 2019, alongside coach Sam Marder, who was Jewish, according to Josh Peter of USA Today. Another player, Yvonne Whaley, was baptized on a separate occasion. Gregory was present for both events.

“What brought me to Christ, honestly, was this team and Coach G,” Edwards said in a video of her baptism that she gave USA Today

In the “Religious Freedom” section of the review, the school found that “participation in any faith-based activity was indeed voluntary” though it was “not communicated definitively” as such. 

The review of the program was organized by the school after an open

Read More
Read More

Science and scientists held in high esteem across global publics

scientist
Credit: CC0 Public Domain

As publics around the world look to scientists and the research and development process to bring new treatments and preventive strategies for the novel coronavirus, a new Pew Research Center international survey finds scientists and their research are widely viewed in a positive light across global publics, and large majorities believe government investments in scientific research yield benefits for society.


Scientists as a group are highly regarded, compared with other prominent groups and institutions in society. In all publics, majorities have at least some trust in scientists to do what is right. A median of 36% have “a lot” of trust in scientists, the same share who say this about the military, and much higher than the shares who say this about business leaders, the national government and the news media.

Still, the wide-ranging survey, conducted in 20 different publics around the world before the COVID-19

Read More
Read More

IFA Product Technology Innovation Award Ceremony Held in Guangzhou

The IFA global events CE China and CE Summit were held in Guangzhou on Sept. 24th-25th. With the theme of “Connectivity and Sharing for Intelligent Services”, the events presented the main forum and two brilliant parallel forums in various fields, including Internet of Things home appliances, Internet retail, and global household appliance innovation. At the same time, the IFA Product Technology Innovation Award ceremony hosted by International Data Group was held. A total of 19 products won awards this year. The awards went to 14 manufacturers, including SIEMENS, SAMSUNG, Midea, Panasonic, BOE, Electrolux, CHiQ, HONOR, Sony, LG, De’Longhi, iRobot, and TECNO, demonstrating the vitality and creativity of global consumer electronics brands.

The recent years see the flourishing of cutting-edge science and technology, including the Internet of Things, smart manufacturing, digital economy, AI, and VR/AR, sparking pioneering thinking on smart technology globally. Attention is increasingly paid to

Read More
Read More

Mobileye signs driver-assistance deal with Geely, one of China’s largest privately held auto makers

Mobileye’s computer vision technology will be used in a new premium electric vehicle called Zero Concept from Geely Auto Group, one of China’s largest privately held automobile manufacturers. Mobileye’s owner Intel made the announcement today at the Beijing Auto Show. Zero Concept is produced by Lynk & Co., the brand formed as a joint venture between Geely Auto and Volvo Car Group, and uses Mobileye’s SuperVision driving-assistance system.

Intel also announced that Mobileye and Geely Auto have signed a long-term, high-volume agreement for advanced driver-assistance systems that means more Geely Auto vehicles will be equipped with Mobileye’s computer vision technology.

In a post, Mobileye chief executive officer and Intel senior vice president Amnon Shashua wrote that the deal is the first time “Mobileye will be responsible for the full solution stack, including hardware and software, driving policy and control.”

He added “it also marks the first time that an OEM

Read More
Read More