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Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production
Chinese Electric Vehicle Makers Counter EU Tariffs: Market Diversification and Localized Production Chinese electric vehicle (EV) manufacturers may be unhappy with the new additional tariffs imposed by the European Union (EU), but they have multiple strategies to maintain their growth momentum, including shifting production to the European continent and leveraging their robust profit margins to partially offset the impact of tariffs. The European Commission formally notified carmakers including BYD, Geely Automobile, and SAIC Motor on Wednesday that it would impose temporary tariffs on EVs, up to 48%, starting next month...
Industry dynamics 2024-06-19 14:36:22 -
UBS to Offer Bitcoin ETF, Launching Next Week
UBS to Offer Bitcoin ETF, Launching Next WeekAccording to Cailian Press on April 2, sources revealed that UBS will add a Bitcoin ETF service and launch it widely next week. UBS manages $3...
Blockchain 2024-06-19 12:20:03 -
Microsoft Reassigns Parts of Chinese AI Teams Overseas
Reports surfaced on May 15 that several artificial intelligence (AI) teams within Microsoft's Chinese division are being relocated to the United States and Australia. The rumor mill suggests that Microsoft will assist employees and their families with visa applications, with the potential for hundreds of staff members to be affected...
Industry dynamics 2024-05-24 16:31:47 -
Google Unveils Transformative AI Updates for Search and Beyond at I/O 2024
Mountain View, Calif. - May 15, 2023 - Alphabet Inc...
Industry dynamics 2024-05-24 16:31:02 -
Samsung Launches M55 and M15 Mid-Range 5G Smartphones in India
On April 8th, Samsung announced the launch of two new mid-range 5G smartphones in the Indian market: the M55 and M15. These devices cater to users seeking affordable and feature-rich 5G experiences...
Mobile Internet 2024-04-09 18:35:58 -
Redmi Turbo 3: Snapdragon 8 Gen 2 Flagship Smartphone Goes on Sale
The Redmi Turbo 3 is set to launch on April 10 at 19:00, and it will be among the first smartphones to be powered by Qualcomm's Snapdragon 8 Gen 2 flagship chip. According to Redmi's general manager, Wang Teng, the chip is the performance benchmark for Android devices and costs hundreds of millions of dollars...
Mobile Internet 2024-04-09 17:14:55 -
iPhone 16 Standard Edition: Dynamic Island Upgrade, Powerful Performance, Ushering in a New Era of Spatial Video
Based on renderings created by yanko design using molds of the iPhone 16 series, we can get a glimpse of Apple's upcoming standard edition iPhone. From the appearance, the iPhone 16 standard edition will become the "iPhone X Dynamic Island version"...
Mobile Internet 2024-04-08 17:05:45 -
Huawei HarmonyOS NEXT Set for Major Update, Native App Ecosystem Explodes
Huawei is set to unveil the full-fledged version of HarmonyOS NEXT around the launch of its Mate 70 series or shortly after, showcasing its mature native app ecosystem and innovative smart connectivity experience. With over 4,000 apps now on board, Huawei has entered the second phase of its ecosystem development, signaling the commencement of an "acceleration mode...
Mobile Internet 2024-04-08 16:53:28 -
Redmi Turbo 3: A Flagship Performance Beast Redefining the Mid-Range and Premium Smartphone Market
The Redmi Turbo 3 is set to make waves as the latest highly anticipated smartphone from the Redmi brand. With its top-tier specifications and exceptional design, this new device promises to shatter the traditional definition of price-to-performance, leading the mid-range and premium smartphone market into a new era of performance and lightweight elegance...
Mobile Internet 2024-04-08 16:45:28 -
Redmi K80 Series to Offer Significant Battery Upgrade for Uninterrupted Power
The Redmi K series has consistently impressed with its high-performance and value-for-money offerings. However, battery life has been a slight concern on these devices...
Mobile Internet 2024-04-08 16:44:24 -
Domestic Market Competition Heats Up, Overseas Market Becomes Key to Growth
China's smartphone market is highly competitive, with brands struggling to differentiate themselves, leading to year-over-year declines for some. Consequently, overseas markets have become crucial for determining brand sales, with Malaysia being a significant player...
Mobile Internet 2024-04-08 16:43:10 -
Snapdragon 8s Gen 3 Smartphone Showdown: Redmi Turbo 3, Realme GT Neo6 SE, and iQOO Z9 Set for Fierce Competition
The smartphone market is heating up with brands like Redmi, Realme, and iQOO constantly releasing budget-friendly devices to capture market share. In this competitive landscape, three upcoming flagships powered by the Snapdragon 8s Gen 3 mobile platform are set to debut soon the Redmi Turbo 3, Realme GT Neo6 SE, and iQOO Z9 series...
Mobile Internet 2024-04-08 16:40:51