The US National Institute of Standards and Technology (NIST) announced several candidate Post-Quantum Cryptographic (PQC) algorithms for standardization this summer, and it is nearing the end of a 5-year process. As the final rounds reach their conclusion, global technology intelligence firm ABI Research expects the fledgling PQC market to shift into high gear over the next 5 years as vendors start to fast-track product development plans for commercialization. Global revenues for PQC are expected to grow 12% from 2022 to 2023 and 20% between 2026-2027.

A slow roll-out of electric cars and continued adherence to internal combustion engine models is putting some of the world’s biggest automakers on the back foot in China, the largest market for cleaner vehicles.

LED chip maker Epileds Technologies suffered consecutive operating losses for the second and third quarters of 2022 and expects slow business to continue until the second quarter of 2023, according to company chairman Ming-sen Hsu.