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Converting innovations from the lab into useful everyday solutions requires a conducive ecosystem, strategic partnerships and more.
Telekom Malaysia dazzled the ICT movers and shakers at the World Congress on IT (WCIT) in Mexico with its research and development work on Visible Light Communication (VLC), a technology that uses Light-emitting diode (LED) bulbs to transmit data at high speeds of up 10 to 50 megabits per second
China could "leapfrog" the United States in certain technological capabilities in coming years, thanks to its burgeoning investment in research and development.
IBM announced on Wednesday it will invest US$3bil (RM9.51bil) over the next five years in chip research and development in hopes of finding a game-changing breakthrough that can help revive its slumping hardware unit.
Huawei Technologies Co Ltd, the world's largest telecommunications equipment maker, said it would invest more than US$4bil (RM13.02bil) in fixed broadband technology research and development (R&D) in the next three years.
Toyota Motor Corp said it will set up a research and development company with a focus on artificial intelligence in Silicon Valley, as competition to develop self-driving cars intensifies.
Electronics giant Foxconn reversed course and announced Wednesday that the huge Wisconsin plant that was supposed to bring a bounty of blue-collar factory jobs back to the Midwest – and was lured with billions in tax incentives – will instead be primarily a research and development center staffed by scientists and engineers.
Toyota said it will establish a new US$1bil (RM4.31bil) research and development unit focusing on artificial intelligence in Silicon Valley in the United States.