Cisco is ‘highly optimistic’ about the growth of its business in the China electric vehicle market

Cisco is ‘highly optimistic’ about the growth of its business in the China electric vehicle market

American tech giant Cisco has been optimistic about its business with Chinese electric car companies expanding globally. Cisco’s Greater China head stated that electric vehicles are the company’s second largest segment in the region, with the majority of revenue coming from manufacturing companies, particularly electric cars. Despite trade tensions and increased tariffs on Chinese electric … Read more

ByteDance of China Collaborates with Broadcom to Create State-of-the-Art AI Chip

ByteDance of China Collaborates with Broadcom to Create State-of-the-Art AI Chip

ByteDance, the Chinese company behind TikTok, is collaborating with American chip designer Broadcom to develop a cutting-edge AI processor, as reported by Reuters. This partnership aims to ensure a stable supply of high-end chips for ByteDance amid escalating tensions between the US and China. The advanced processor, a five-nanometer chip, is designed to comply with … Read more

Report: ByteDance of China Teams Up with Broadcom for Development of Advanced AI Processor – BW Businessworld

ByteDance, the Chinese tech giant known for its popular apps like TikTok and Douyin, is reportedly collaborating with Broadcom on an advanced AI processor. This partnership aims to utilize Broadcom’s expertise in semiconductor technology to enhance ByteDance’s capabilities in artificial intelligence. By leveraging Broadcom’s cutting-edge AI processor, ByteDance hopes to improve the performance and efficiency … Read more

Exploring Oracle & Telefónica, 5G in China, and Kaspersky Lab

Exploring Oracle & Telefónica, 5G in China, and Kaspersky Lab

Oracle is investing over a billion dollars to open a third cloud region in Madrid, aiming to meet the growing demand for AI and cloud services in Spain. This move will allow customers to migrate mission-critical workloads to Oracle Cloud Infrastructure and comply with regulations like DORA and EBA. Telefónica is partnering with Oracle as … Read more

Possible Major Changes Ahead for Microsoft Azure in China – Pandaily

Possible Major Changes Ahead for Microsoft Azure in China – Pandaily

Microsoft Azure in China is preparing for a major organizational restructuring by the end of fiscal 2024. The focus will be on the sales team of over 700 people led by Hou Yang, aiming to integrate small teams with similar functions to improve efficiency. This restructuring may involve potential layoffs, especially for middle management positions. … Read more

Chairperson highlights the competitive advantages of Intel’s China 2.0 strategy

Chairperson highlights the competitive advantages of Intel’s China 2.0 strategy

The President of Intel recently discussed the company’s China 2.0 strategy and how it enhances their competitiveness. In an interview, he highlighted the importance of digitization in improving their operations and increasing their market share in the region. Intel’s China 2.0 strategy focuses on leveraging digital technologies to streamline processes, enhance efficiency, and drive innovation. … Read more

Chair of Intel China discusses strategies for the foundry and automotive chip market in China

Chair of Intel China discusses strategies for the foundry and automotive chip market in China

The President of Intel China recently spoke about the company’s strategies for the foundry and automotive chip markets in China. He emphasized the importance of digitization in these sectors and highlighted the company’s commitment to advancing technology in these areas. The President discussed Intel’s plans to expand its foundry business in China, aiming to meet … Read more

Liang Yan, Executive from AWS China, Transitions to Microsoft Azure – Pandaily

Possible Major Changes Ahead for Microsoft Azure in China – Pandaily

Recent changes in the central senior management of the AWS Greater China Region have been reported. Liang Yan, who was the head of the Major Accounts department responsible for 13 major customers, has resigned from his position and moved to the Microsoft Azure Enterprise Customer Department as a Business Business Leader. This move places him … Read more

Nvidia’s Jensen Huang faces criticism in mainland China for his comments on Taiwan

Nvidia’s Jensen Huang faces criticism in mainland China for his comments on Taiwan

Nvidia Corp. and its founder Jensen Huang are facing backlash from Chinese citizens and a mainland media outlet after Huang referred to Taiwan as a “country” during a visit to the island. This led to calls for a boycott of the company. Huang, who was born in Taiwan but moved to the United States as … Read more

Ex-Google China executive reaffirms prediction: AI will automate 50% of jobs by 2027

Ex-Google China executive reaffirms prediction: AI will automate 50% of jobs by 2027

Renowned artificial intelligence expert Kai-Fu Lee is reiterating his bold prediction that half of the global workforce will be displaced by AI by the year 2027. Lee stands firm in his belief that advancements in artificial intelligence will lead to significant job losses across various industries, leaving millions of people without employment opportunities. According to … Read more