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On June 11, global automotive parts giant Marelli Group announced in an announcement that it had initiated U.S. Chapter 11 proceedings to strengthen financial position and facilitate a value-maximizing restructuring. According to the announcement, Marelli had reached a Restructuring Support Agree...
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According to Israeli media outlet CTech, NVIDIA is seeking to acquire land in northern Israel for the development of a large-scale campus. The total investment—including land and construction—is expected to reach several billion dollars. If the plan moves forward, the site could become Israel’...
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With the Trump administration locking in a 20% tariff on Vietnam, Taiwan’s tech sector is breathing a bit easier, as the country has emerged as a key alternative to China—now home to assembly lines for laptops, wearables, networking gear, and smartphones, according to the Economic Daily News. ...
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With key parts of the EU’s landmark AI Act set to take effect as early as August, over 40 European CEOs—including chipmaking tool giant ASML and big techs Philips and Siemens—are calling for a two-year delay, warning that rushing the rollout could hurt Europe’s global competitiveness and sta...
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TCL CSOT announced via its official WeChat account that Xiaomi officially launched its second mass-produced electric vehicle, the YU7, during the "Xiaomi Human-Car-Home Full Ecosystem Launch Event" held on June 26 at 7:00 p.m. The vehicle features panoramic curved projection displays, HyperVision, a...