Quanta, Inventec striving to resume Shanghai operations
ODMs Quanta Computer and Inventec have said they are working with authorities in Shanghai to resume their local manufacturing operations as soon as possible, although they are not included in the "666 core businesses" prioritized to reopen......»»
Tesla plans new Shanghai plant to build megapack batteries
Tesla is leveraging China's world leading battery supply chain to ramp up output and lower costs of Megapack lithium ion battery units to meet rising demand of energy storage as the world shifts to more renewable energy......»»
Apple"s Irish subsidiary rakes in $69.3 billion profit from global operations
Earnings from Apple's European subsidiary, and main European Union headquarters in Cork, Ireland, have risen $11.69 billion year over year.Apple has a substantial presence in Ireland, which it has been expanding with new hires and new product testing.....»»
Server sector warms up in 2Q23 for leap in second half of the year; ChatGPT AI trend fuels new momentum
The server sector is currently laying low to prepare for a big leap in the future. Quanta, which has been making double-digit delivery estimates every year, has downgraded its outlook from double-digit to single-digit for the first time in 2023, a si.....»»
Finding the Right CDN Solution Online
As a business manager or owner, identifying and investing in the right digital tools, solutions, and services for your business is vital. This is something that can have an impact on the smooth running of your business operations, business efficiency.....»»
Industrial Defender launches Phoenix to secure SMBs operations
Industrial Defender has unveiled the launch of Phoenix, an OT security solution tailored to the needs of SMBs. Phoenix is revolutionizing how smaller industrial organizations approach OT security by providing visibility into all their OT assets and t.....»»
GM"s BrightDrop unit sells 4,000 vans to Ryder; Zevo 600 sold out for 2023
Logistics and transportation company Ryder said it plans to add 4,000 of BrightDrop's Zevo 600 and smaller Zevo 400 electric vans to its lease and rental operations through 2025......»»
U.S. approves California plan requiring half of heavy duty trucks be EV by 2035
California plans to mandate by 2045 that all operations of medium- and heavy-duty vehicles be zero emission where feasible, shifting away from diesel-powered trucks......»»
Audi to present Formula One design at Shanghai auto show
The choice of Shanghai for the Formula One team’s public debut is strategic because China is Audi’s biggest market, and at the same time has a huge base of F1 fans. .....»»
Tim Cook"s whirlwind China tour continues with "Genshin Impact" dev visit
Apple CEO Tim Cook is continuing his tour of China and has now met the "phenomenal team" behind hit game and previous Apple Design Award winner "Genshin Impact."Tim Cook in Shanghai (Source: Weibo)Cook was one of the few US CEOs to attend the revived.....»»
Virgin Orbit: Sir Richard Branson"s rocket company cuts 85% of workforce
Virgin Orbit will cease operations for the foreseeable future, according to media reports......»»
BYD chairman says the company aims to be China"s largest automaker in 2023
A day after reporting its robust profits in 2022, BYD said it is striving to become the largest carmaker in China by the end of this year. As the first quarter gets close to the end, founder and chairman Wang Chuanfu said the company is expected to s.....»»
Virgin Orbit: Sir Richard Branson"s rocket company lays off 85% of staff
Virgin Orbit will cease operations for the foreseeable future, according to media reports......»»
Vivo Reportedly Plans to Trim-down its IQOO Sub-brand
Several sources have pointed to Vivo's plans of integrating IQOO further into its operations, as a means of cutting costs in the long-term. When it comes to smartphone “sub-brands,” IQOO hasn’t gotten a massive amount of a.....»»
Researchers reveal structural basis of plp2-mediated cytoskeletal protein folding by TRiC/CCT
In a study published in Science Advances, Dr. Cong Yao's team from the Center for Excellence in Molecular Cell Science, Shanghai Institute of Biochemistry and Cell Biology of the Chinese Academy of Sciences, reported a complete picture of TRiC-assist.....»»
Shift Technologies cuts headcount 30%; Q4 loss from operations widens
Online used-vehicle retailer Shift Technologies said it cut headcount by about 30% in the first quarter of 2023 and reported a wider loss from operations and shrunken revenue in the quarter ended Dec. 31......»»
Microsoft unveils AI-powered Security Copilot analysis tool
Microsoft has unveiled Security Copilot, an AI-powered analysis tool that aims to simplify, augment and accelerate security operations (SecOps) professionals’ work. Using Microsoft Security Copilot Security Copilot takes the form of a prompt ba.....»»
Group 1 buys Florida Chevy dealership, adds $150 million in revenue
The acquisition of Estero Bay Chevrolet in Florida will add $150 million in annual revenue to Group 1's operations......»»
Phison mulls R&D center in Malaysia
Phison Electronics, which specializes in flash device controllers, is considering opening a R&D center in Malaysia to diversify its operations, according to company CEO K. S. Pua......»»
Baidu invests in RISC-V chip company StarFive
Shanghai-based RISC-V chip technology startup StarFive announced on March 23 that it has received strategic investment from China's search giant Baidu, Reuters reported. In total, the startup has raised over CNY1 billion (US$146 million)......»»
Lyft appoints new CEO in move that may set stage for a sale
Logan Green, and co-founder and current President John Zimmer will step back from daily operations after more than a decade with the company but remain on the board......»»