Lenovo will further diversify its supply chain and plans to open more manufacturing facilities outside China amid global geopolitical uncertainty, Chairman Yang Yuanqing said. Lenovo, the world’s largest PC maker, has most of its plants in China, a common situation in the electronics industry that creates potential vulnerability as US president-elect Donald Trump threatens to … Read more
In a historic moment for women’s tennis, PIF will serve as the first-ever naming partner of the WTA Rankings PIF and WTA will also work together to enhance and develop initiatives to support players at all levels NEW YORK, May 20, 2024 /PRNewswire/ — The Public Investment Fund (PIF) and the WTA have today unveiled a multi-year … Read more
Saudi Arabia’s new US$100 billion investment firm announced a string of deals Tuesday, including partnerships with SoftBank Group and a Chinese surveillance equipment maker to set up local manufacturing facilities, as part of the kingdom’s efforts to transform itself into an industrial powerhouse. The new vehicle, Alat, and SoftBank will invest as much as US$150 … Read more
