Hisense, a leading brand in global consumer electronics and home appliances, has once again placed first in key display technology categories, according to Q1 2025 data from Omdia. According to the research firm’s Q1 2025 data, Hisense ranked No.1 worldwide by volume share in 100-inch and over TVs, MiniLED TVs, and Laser TVs. Hisense led...
Day: <span>6 June 2025</span>
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The Opportunity and Impact of MEPS Electric Motor Regulations
South African companies are gearing up for the new Minimum Energy Performance Standards (MEPS), part of a global trend towards energy-efficient electric motors. Starting in June 2025, the regulation will require most three-phase, low-voltage electric motors in South Africa to eventually switch to IE3 (International Efficiency) motors, which are more efficient than IE1 and IE2-rated...
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Global Artificial Intelligence Chip Market Set For 41.6% Growth, Reaching $164.07 Billion By 2029
The artificial intelligence chip market size has grown exponentially in recent years, moving from $29.65 billion in 2024 to a projected $40.79 billion in 2025. With a compound annual growth rate CAGR of 37.6%, the growth in this historic period can be attributed to the rise in data generation, increased investment in AI research, economic...