The rise of China’s electric vehicle market has opened a window of opportunity for the development of domestic automotive chips. Although there has been significant progress in the production of Chinese-made automotive chips, the industry faces challenges in reducing its reliance on foreign chips and suppliers. Currently, nearly 300 companies in China are developing automotive… Continue reading Localization Rate of Automotive Chips in China Doubles, But Is Still Less Than 10%
Tag: Strategy
Middle Eastern Sovereign Wealth Funds Deepen Investment in China
As global oil prices experience a surge, Middle Eastern oil-producing countries are gaining substantial oil export revenues, leading to a significant increase in the size of their sovereign wealth funds. And, they are expanding their investments in China. Two major sovereign wealth funds from the Middle East, the Abu Dhabi Investment Authority and the Kuwait… Continue reading Middle Eastern Sovereign Wealth Funds Deepen Investment in China
DiDi Aims to Disrupt Business Travel with Cutting-Edge Generative AI Integration
In a strategic move to redefine the landscape of business travel, Chinese ride-hailing giant DiDi is harnessing the power of generative artificial intelligence (AI). At the helm of this innovative endeavor is Chai Hua, the head of DiDi Travel’s Maps and Public Transport Division, leading an internal team dedicated to generative AI applications. This initiative… Continue reading DiDi Aims to Disrupt Business Travel with Cutting-Edge Generative AI Integration
HOPPR Launches Groundbreaking Foundation Model for Medical Imaging
Health2047’s newest portfolio company unveils first-of-its-kind medical imaging AI platform powered by Amazon Web Services; early partners include RadNet and Rad AI CHICAGO, Nov. 26, 2023 /PRNewswire/ — Today, HOPPR announces the launch of Grace, a multi-modal foundation model for medical imaging, powered by Amazon Web Services, Inc. (AWS) and available via private beta to… Continue reading HOPPR Launches Groundbreaking Foundation Model for Medical Imaging
IMV announces the first wave of the 2023 IMV ServiceTrak™ Imaging Awardees at RSNA
ARLINGTON, Va., Nov. 26, 2023 /PRNewswire/ — Today IMV, part of Science and Medicine Group, the leading market research and business intelligence provider to the medical imaging industry, announced the category winners of the 2023 IMV ServiceTrak™ Imaging Awards. Congratulations to all the winners, below, who are achieving excellence across a variety of modalities and… Continue reading IMV announces the first wave of the 2023 IMV ServiceTrak™ Imaging Awardees at RSNA
Trip.com sees increase in visits after China expands visa-free travel to 6 countries
SINGAPORE, Nov. 25, 2023 /PRNewswire/ — China has announced that it will expand the scope of its unilateral visa-free policy for ordinary passport holders from six countries: France, Germany, Italy, the Netherlands, Spain, and Malaysia. The policy will be implemented on a trial basis. Effective from December 1, 2023, to November 30, 2024, people holding… Continue reading Trip.com sees increase in visits after China expands visa-free travel to 6 countries
Contract Logistics Market Size to Grow USD 505.3 Billion by 2031 at a CAGR of 7.5% | Valuates Reports
BANGALORE, India, Nov. 24, 2023 /PRNewswire/ — The Global Contract Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report by Service (Transportation, Warehousing, Distribution, Aftermarket Logistics), by Type (Insourcing, Outsourcing), by Industry Vertical (Retail, E-Commerce, Aerospace, Automotive, Industrial, High-tech, Pharma and healthcare, Others), by Mode of Transportation (Railways, Airways, Roadways, Waterways): Global Opportunity Analysis… Continue reading Contract Logistics Market Size to Grow USD 505.3 Billion by 2031 at a CAGR of 7.5% | Valuates Reports
Space Debris Removal Market worth $0.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, Nov. 24, 2023 /PRNewswire/ — The Space Debris Removal market is valued at USD 0.1 billion in 2023 and is projected to reach USD 0.6 billion by 2028, at a CAGR of 41.7% from 2023 to 2028 according to a new report by MarketsandMarkets™. The space debris removal market is a subset of the satellite… Continue reading Space Debris Removal Market worth $0.6 billion by 2028 – Exclusive Report by MarketsandMarkets™
Change in Kamux Group Management Team: CFO Marko Lehtonen to leave his position
Kamux Corporation, Stock Exchange Release, 23.11.2023 at 17:00 HÄMEENLINNA, Finland, Nov. 23, 2023 /PRNewswire/ — Kamux Corporation and Marko Lehtonen, the company’s CFO and member of the Group Management Team, have today agreed that Lehtonen will leave Kamux in order to pursue new career opportunities in due course. Lehtonen will continue in his current role… Continue reading Change in Kamux Group Management Team: CFO Marko Lehtonen to leave his position
Trip.com sees increase in visits after China expands visa-free travel to 6 countries
SINGAPORE, Nov. 25, 2023 /PRNewswire/ — China has announced that it will expand the scope of its unilateral visa-free policy for ordinary passport holders from six countries: France, Germany, Italy, the Netherlands, Spain, and Malaysia. The policy will be implemented on a trial basis. Effective from December 1, 2023, to November 30, 2024, people holding… Continue reading Trip.com sees increase in visits after China expands visa-free travel to 6 countries