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Samsung Electronics Co., has begun assembling smartphones a factory outside Jakarta to meet demand in fast-growing Indonesia, according to a person familiar with the matter.

The move is the latest sign that the South Korean technology giant is shifting some of its operations to low-cost, fast-growing emerging markets where it is looking to build its presence and cut costs.

Read more at: http://www.wsj.com/articles/samsung-begins-smartphone-assembly-in-indonesia-1431344822

The Shanghai Futures Exchange plans to allow delivery of foreign-made nickel into its futures contracts as it seeks relief from a shortage of domestic supply to the bourse.

Russia’s OAO GMK Norilsk Nickel, the world’s largest producer, is among suppliers the exchange plans to authorize, SHFE said Friday in an e-mailed response to questions. Six brands made by six domestic companies are currently deliverable into the SHFE futures, which started trading in March. That compares with 59 brands for its copper contract and 23 for the London Metal Exchange.

http://bloom.bg/1bCh0Ww
Bloomberg

The parts in the A350 XWB aircraft are strong and lighter weight and substantially reduce production time and manufacturing costs.

Israeli 3D printer provider Stratasys Inc. (Nasdaq: SSYS) has announced that aircraft manufacturer Airbus has produced more than 1,000 flight parts on its Stratasys FDM 3D Production Systems. The parts are for use in the first-of-type A350 XWB aircraft were delivered in December 2014.

http://www.globes.co.il/en/article-stratasys-delivers-3d-printed-aircraft-parts-for-airbus-1001034166

The UK Government’s Department for Business, Innovation and Skills announced that LPW Technology, a market leader in the development and supply of metal powders for additive manufacturing (AM), has been awarded government funding through the Advanced Manufacturing Supply Chain Initiative (AMSCI).

Read more at: http://www.powderbulksolids.com/news/LPW-Awarded-Funding-to-Develop-Super-Clean-Powders-05-04-2015

Ottawa, Ontario, May 1, 2015 – The Royal Canadian Mint is pleased to announce that it has been awarded its first ever contract with Bank Indonesia in Jakarta, to produce nickel-plated steel blanks for its 1000 Rupiah circulation coin. This contract win with Indonesia brings the number of countries using the Mint’s multi-ply plated steel technology to 34.

“The Mint’s multi-ply plated technology is the most advanced plating process in the world and is renowned for producing high-quality, cost-effective and secure coinage products,” said Sandra L. Hanington, President and CEO of the Royal Canadian Mint. “We are proud that these blanks which will be used daily in Indonesia will originate from our Winnipeg facility where our employees apply their technical expertise to deliver the best quality

http://www.mint.ca/store/news/royal-canadian-mint-wins-first-contract-with-bank-indonesia-24700042?cat=News+releases&nId=700002&parentnId=600004&nodeGroup=About+the+Mint#.VUV38VL3aJJ

In 2012 Indonesia produced more than one million motor vehicles for the first time. Its vehicle output rose 3.6 times during 2000–12. This was a large increase compared with global output growth of 1.4 times, while neighbouring Malaysia’s output only doubled. By 2014 Indonesian output reached nearly 1.3 million vehicles, with exports expected to be around 200,000. Foreign direct investment (FDI) has driven this impressive performance, but now Indonesia’s rising middle class is the main reason for optimism in the automotive industry.

http://www.eastasiaforum.org/2015/05/02/indonesias-automotive-industry-shifts-up-a-gear/

BENGALURU: In a sign of the rising opportunities in India, the country outpaced China in the number of deals struck by venture capital (VC) funds in the first quarter of 2015.

India saw 69 deals happening in the first quarter as against China’s 66, according to a report by CB Insights, a New York-based firm that tracks VC funding. India saw the most deal growth among Asian countries, at 60% compared to the first quarter of 2014, when the number of deals stood at 43.

http://m.timesofindia.com/business/india-business/India-tops-China-in-number-of-tech-venture-capital-deals/articleshow/47126548.cms

SEJONG, Apr. 30 (Korea Bizwire) — South Korea will work to develop and improve new products using nanotechnology, such as wearable devices, as part of efforts to take global leadership in a market that is expected to reach US$3 trillion in 2020, the government said Thursday.

Read more at: http://koreabizwire.com/s-korea-moves-for-early-development-of-nanotechnology-products/34458

In June, Professor Mildred Dresselhaus will formally receive the 2015 IEEE Medal of Honor for her leadership and contributions across many fields of science and engineering. She is the first woman to receive the organisation’s highest honor since its inception in 1917.

Dresselhaus is famous for her work in carbon-based materials including buckminsterfullerenes (buckyballs), nanotubes and graphene. In the energy sector, carbon-based materials are frequently discussed in terms of their ability to increase energy storage capacities in battery technologies and super capacitors. According to the IEEE, “the era of carbon electronics can be traced back to [Dresselhaus’s] tireless research efforts.”

Read more at: http://blogs.scientificamerican.com/plugged-in/2015/04/30/queen-of-carbon-becomes-first-women-to-receive-ieee-medal-of-honor/

Tesla founder Elon Musk has set out his ambition to ‘fundamentally change the way the world uses energy’, by unveiling a $3,000 home battery which the company claims can run an entire home for eight hours.

Musk, who founded the company, best-known for electric cars, introduced the Powerwall device at a press conference in California and said the technology could change the world.

The device, which Musk said could be in homes by the end of summer, will be able to store electricity when conditions are favorable then discharge it again later in quantities large enough to be useful to homes and businesses.

Read more: http://www.dailymail.co.uk/sciencetech/article-3063262/Tesla-set-reveal-home-battery-Elon-Musk-unveil-power-pack-tonight-slash-electricity-bills.html#ixzz3YtLQr9Bh