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The electric car market in China has been facing intense competition, with Xiaomi revealed that it suffered a USD 9200 loss per vehicle from April to June. However, the price war is not the only battleground, as the focus now seems to be turned to another front. According to a report by CNBC, chi...
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AI chip NVIDIA provided financial guidance for the third quarter, estimating its quarterly revenue to reach USD 32.5 billion, with a fluctuation of plus or minus 2%. The figure, though beats market expectations in general, still falls short of the market’s most optimistic forecast of USD 37.9 bill...
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According to a report by 36Kr, China's EV maker, XPeng Motors, has successfully completed the tape-out process for its self-developed intelligent driving chip. Sources cited by the report further reveal that XPeng's intelligent driving chip is specifically designed to meet AI demands, including e...
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IBM, following the closure of its China Research Laboratory earlier this year, is now facing fresh reports of layoffs in the region. According to Chinese media Jiemian News, over 1,000 employees across Beijing, Shanghai, Dalian, and other locations have recently had their access to IBM’s research ...
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On July 4th, the EU announced a provisional anti-subsidy tariff on electric vehicles imported from China, with a final decision set for October 30th. On August 20th, the EU released a draft decision regarding the final anti-subsidy tariffs, adjusting the rates for different Chinese electric vehicle ...