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  • PR Newswire

    Fintech startup Payer selected by Returpack to digitise payouts in national recycling scheme

    Returpack is the company that facilitates over 2 Billion deposits of recyclable PET bottles and cans in Sweden through a network of reverse vending machines. The fintech startup Payer was chosen to develop a new and innovative IoT technology with the ambition to create an easy digital payout experience for consumers. The digital solution, based on Payer's API payments platform, is now being rolled out across Sweden.

  • MaXpeedingRods Announced $5 Million Dollars Investment in 2021 Racer Sponsorship Program
    Business Wire

    MaXpeedingRods Announced $5 Million Dollars Investment in 2021 Racer Sponsorship Program

    MaXpeedingRods, the leading manufacturer and supplier for high-performance automotive parts, recently announced that they will be entering racing event fields as the primary sponsor of top-drivers worldwide.

  • Renesas says plans to restore full production of fire-damaged chip plant by end-May
    Reuters

    Renesas says plans to restore full production of fire-damaged chip plant by end-May

    Renesas Electronics Corp, a major supplier of automotive semiconductors, said on Monday it plans to restore output lost to a fire by end-May after restarting production, relying on other plants to make up for any shortfall. Renesas restarted production on the 300mm chip line at its Naka plant northeast of Tokyo on Saturday, four weeks after a fire caused by an electricity overload burned an area of 600 square meters (6,458 square feet), destroyed 23 machines and filled the sensitive clean room with smoke and soot. A return to full output at the plant will still take around 70 more days, Renesas Chief Executive Officer Hidetoshi Shibata said during an online press conference.