Huawei to step up AI ecosystem development across industries despite US tech sanctions

Huawei to step up AI ecosystem development across industries despite US tech sanctions

“Huawei has years of experience with its own intelligent transformation, and we’ve been helping a wide range of industries go intelligent, too,” Xu said in his keynote speech at Thursday’s opening of the Huawei Connect 2024 event, which runs until Saturday in Shanghai. The 57-year-old Xu is set to complete a six-month stint as the … Read more

Intel’s China arm acquires minority stake in telecoms subsidiary of Apple supplier Luxshare

Intel’s China arm acquires minority stake in telecoms subsidiary of Apple supplier Luxshare

Intel’s China arm has acquired a minority stake in the telecommunications subsidiary of Apple supplier Luxshare Precision Industry, according to business registry records, as the US semiconductor giant looks to navigate the geopolitical tensions between the world’s two biggest economies. Dongguan Luxshare Technology, a manufacturer of 5G-related products for data communications and wireless networks, has … Read more

Huawei says partner Chery Automobile’s Luxeed S7 premium EV starts mass delivery

Huawei says partner Chery Automobile’s Luxeed S7 premium EV starts mass delivery

“A large number of Luxeed S7 vehicles have already rolled off the production line and are now being transported for delivery to customers,” said Richard Yu Chengdong, chairman of Huawei’s intelligent automotive solution business unit, in a post on Chinese microblogging platform Weibo. Huawei had said problems delivering the premium brand electric vehicle (EV) should … Read more

TikTok owner ByteDance acquires stake in memory chip firm InnoStar to bolster VR unit Pico as it takes on Apple’s Vision Pro

TikTok owner ByteDance acquires stake in memory chip firm InnoStar to bolster VR unit Pico as it takes on Apple’s Vision Pro

Picoheart, a Singapore-based affiliate of ByteDance, earlier this month invested an undisclosed amount to acquire a 9.5 per cent shareholding in state-backed InnoStar, which is headquartered in Shanghai, according to data from company registry information provider Qichacha. That investment was made “in hopes of utilising the memory chips produced by InnoStar in Pico’s VR headsets”, … Read more