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"Sunil, I am not aware of any new "invented motors" in recent years. Nevertheless, the introduction of Halbach Array and magnetic bearings have been a hot topic in recent years and have already been introduced in a number of existing applications. I hope this helps, Nir continuousolutions.com "

"Centuries ago, Nikola Tesla envisioned and pioneered the concept of wirelessly transmitting power over long distances through the Earth's ionosphere. In the recent past, wireless energy transfer has occurred by way of an electromagnetic (EM) field set to a certain frequency level. While transmission efficiency over longer distances is attained to an extent by this method, it becomes increasingly difficult when complicated pointing and tracking mechanisms are mandatory to maintain the right wavelength between the transmitter and the receiver. Another drawback to this approach is that any object that falls between the transmitter and the receiver impedes the beam, thus interrupting power transmission to a potentially harmful degree if the power level goes beyond a certain threshold point. Even though microwave frequencies could prove effective to transmit power over long distances through a radiated EM field, the aforementioned caveats still apply. The other possible way to wirelessly transmit power is by non-radiative fields. For instance, a transformer operates by magnetic induction drawing similarities to wireless power transfer. Energy transfer in a transformer happens from the primary coil to a secondary coil in the absence of a direct electrical connection. The same approach can be seen in inductive chargers found in electric toothbrushes, for example. However, for this functionality to operate smoothly, primary and secondary coils must be positioned in close proximity to one another."

Superior Essex has announced it is to close its magnet wire plant in Chauny, France at a cost of €12 million ($18.8 million). The plant, which dates back to 1922, was bought by Superior last year and operates under the company's Essex SAS subsidiary. The closure of the plant will bring production capacity in line with demand the company said. Just under $16 million of the charges related to the closure is for employee severance costs with the rest for equipment relocation and disposal. A review of the plant began three months ago before the sale of Superior Essex to LS Cable was agreed. Meanwhile LS Cable said its first half operating profit increased by over 50% with the Middle East and China leading global demand through the development of utilities and phone lines to meet power needs and internet usage. The chief executive of LS Cable, Christopher Koo, said orders from the Middle East are likely to increase by 80% this year to $450 million. Mr Koo said he expects global cable demand to increase by 4% a year to 2011, with China increasing by 8% annually.

LS Cable & Systems, the world's third largest manufacturer of wire and cable, reaffirmed on 23rd November that it is seeking to become the world's largest wire and cable manufacturer by 2020, and that it is targeting the value-added cable market in India as part of its strategy. The company, which according to chief executive officer Koo Cha-yol "has 33 manufacturing firms, 64 operational bases and four research centers in 26 countries," generates 60% of its sales abroad. LS Cables & Systems has been expanding these overseas sales through acquisitions, in recent years buying American cable maker Magnet Wire in 2008, and Chinese cable maker Hongchi in 2011, giving it access to the world's largest markets.

Furukawa Electric Co, the Japanese maker of wire, cable and copper semis announced on 15th April that it will consolidate its copper plate and strip business at its Nikko Offices. Company President Mitsuyoshi Shibata indicated that the company was taking contingencies for 10% drop in demand for copper sheets and strips, including consolidating finishing mills and casting lines. The company is in the midst of a large restructuring taking steps including closing its magnet wires business and off-shoring copper foil production to Taiwan.