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International Focus: Israel

Consumer technology news from Israel

Automotive Industry Feels Israel’s Impact

A number of startups and investments in Israel are beginning to catch the attention of the global automotive industry. Companies such as Israeli-developed Waze – purchased by Google for $1 billion – and Tel Aviv-based MobilEye are focused on automotive and driver safety solutions. MobilEye, developer of advanced safety systems, has ties to every major automaker and has worked to develop deeper ties with GM, Nissan and Volkswagen. General Motors, for its part, has a major research center in Israel dedicated to the development of autonomous vehicles.

Middle Eastern Accessories Market Expected to Grow

A recent report from Future Market Insights, Middle East Industry Analysis and Opportunity Assessment, 2015 – 2025, forecasts a compound annual growth rate of 5.4 percent for the Middle East electronics accessories market.

China Looks to Israel for Smart City Tech

Chinese venture capitalist firm Kuang-Chi has launched a $300 million VC fund based in Tel Aviv, in hopes of using Israeli technology to build China’s smart cities of tomorrow. Such technologies would be focused on water management and pollution reduction efforts, but Kuang-Chi is also looking at technologies including robotics, aviation and virtual technology. Kuang-Chi, valued at more than $10 billion, will partner with Israel’s Indigo Global.

3D Printing Company Testing Stem Cell-based Printing

According to a report from Digital Trends, Israeli company Nano Dimension, in partnership with Israel-based stem cell research company Accellta, recently ran a number of successful tests with a bioprinter capable of using stem cells in the 3D printing process. The collaborative effort could signal a major step in the 3D bioprinting of human tissue and organs. Research firm IDTechEx predicts the bioprinting industry will grow to an estimated $6 billion by 2024.

Mark Chisholm