Foxconn Halts Nissan Acquisition Bid Amidst Pivotal Honda Merger TalksOn December 21st, Bloomberg, citing sources familiar with the matter, reported that Hon Hai Precision Industry (Foxconn's parent company) has temporarily shelved its plans to acquire Nissan Motor Co. This move is directly linked to the ongoing, in-depth merger negotiations between Nissan and Honda Motor Co...

Nvidia's Market Cap Evaporates $620 Billion Amidst Intensifying US-China Tech RivalryNvidia's rapid decline raises several questions. The company has achieved a dominant global market position in recent years due to its cutting-edge technology in artificial intelligence, deep learning, and high-performance computing...

2024 Q3 Smartphone Market Report: Robust Recovery Amidst Fierce CompetitionMarket research firm TrendForce recently released a report indicating a strong recovery in the smartphone market during the third quarter of 2024, coinciding with the peak sales season. Major manufacturers launched numerous flagship models, effectively stimulating an increase in overall smartphone production...

SolarEdge Cuts Nearly 500 Jobs: Energy Storage Unit Closure Amidst Market ChallengesSolarEdge Technologies, a manufacturer of photovoltaic inverters, recently announced a significant strategic adjustment involving the closure of its energy storage division and the layoff of approximately 12% of its workforce, resulting in the loss of nearly 500 jobs. This move is attributed to the current challenging market environment and intensifying competition...

Intel Poland R&D Center to Lay Off Hundreds Amid Global Semiconductor Industry RestructuringAccording to the Polish media outlet WarsawBusinessJournal, Intel plans to lay off hundreds of employees at its R&D center in Gdask, Poland. The news was revealed based on documents submitted by Intel to the local labor office...

Huawei Cloud Showcases at GITEX GLOBAL 2024, Partnering to Accelerate Intelligent Transformation in the Middle East and AfricaFrom October 14th to 18th, Huawei Cloud participated in the 44th GITEX GLOBAL exhibition (GITEX GLOBAL 2024), and on October 15th, successfully hosted the Huawei Cloud UAE Summit themed "Accelerating Intelligent Leap." At the summit, Huawei Cloud, together with 14 partners, launched 5 industry solutions and signed MOUs with 2 partners to deepen cooperation and jointly empower local industries with digital intelligence...

Hisense Middle East & Africa R&D Center Officially Opens: Deepening Market Presence and Driving Regional DevelopmentHisense's Middle East & Africa R&D Center, located in Dubai, has officially opened, marking a new phase in the company's deep-rooted presence in the region. This is Hisense's first comprehensive R&D center in the Middle East & Africa, encompassing research and development for products like air conditioners, television sets, refrigerators, and washing machines...

Three Little Sheep Caught in a Public Opinion Whirlpool: Can They Regain Trust Amidst False Advertising and Product Quality Issues?Recently, Three Little Sheep Network Technology Co., Ltd...

Didi's "Orange Care Plan" Warms Up Mid-Autumn Festival: From Mooncake Gift Boxes to Income Guarantees, Caring for DriversAhead of the Mid-Autumn Festival this year, Didi ride-hailing launched a series of "Orange Care Plan" Mid-Autumn Festival driver care events, bringing warmth and care to drivers in over 120 cities across China. Starting from September 9th, the 12th Didi Driver Welfare Station has been accompanying drivers in celebrating the festival in unique ways...

Mid-Autumn Festival Sees Surge in Courier Volumes: Specialty Mooncakes Sell Like Hotcakes, Trade-In Programs Boost Appliance Market Peak Season Data monitored by the State Post Bureau reveals that during the Mid-Autumn Festival holiday period this year (September 15-17), the national postal and express delivery industry operated smoothly overall, receiving 1.307 billion packages, an average daily increase of 35...

DiDi Sends Warmth This Mid-Autumn Festival: Billions in Subsidies, Tenfold Rewards, Driver Benefits Galore!As the Mid-Autumn Festival approaches, DiDi Chuxing recently announced a series of Mid-Autumn Festival benefits for its drivers, expressing gratitude for their hard work during the holiday season. To ensure drivers enjoy a warm and harmonious Mid-Autumn Festival, DiDi has carefully prepared a series of benefits encompassing financial subsidies, exclusive rewards, and thoughtful care...

Experienced CPU Architects Leave Intel Amidst Mass Layoffs to Found RISC-V StartupAs Intel announced its largest-ever layoff plan, a group of seasoned CPU architects decided to leave the tech giant and co-found a RISC-V startup named Ahead Computing. This team reportedly brings over 80 years of combined experience from Intel, and their departure signifies the growing impact of the RISC-V architecture within the industry...