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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 -
The 61,000 Bitcoin Money Laundering Case: The Escape and Recapture of a Mysterious Cult Leader
In March 2024, British media reported on a sensational Bitcoin money laundering case involving Ms. Yadi Zhang (the alias used by Ms...
Blockchain 2024-05-24 16:50:59 -
Digital Yuan Trial in Hong Kong Expands: Faster Top-Ups via Faster Payment System
Since the expansion of the digital yuan pilot in Hong Kong, several banks, including Hang Seng Bank and Bank of Communications Hong Kong, announced on May 17 that they are offering top-up services for digital yuan wallets through the Faster Payment System (FPS). FPS: Hong Kong's Fast Payment System FPS is a fast payment system launched by the Hong Kong Monetary Authority (HKMA)...
Blockchain 2024-05-24 16:46:22 -
New Progress in AI Registration: 19 New Companies Registered
With the development of AI technology, registration management of generative AI applications has drawn increasing attention. Recently, authorities released new progress in AI registration, with 19 new companies completing the registration process, providing important guidance for the standardized development of the industry...
Industry dynamics 2024-05-24 16:36:43 -
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 -
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 -
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours
Bitcoin Surges Past $72,000, Gaining 3.6% in 24 Hours The digital asset market is seeing significant gains, with Bitcoin (BTC) leading the charge...
Blockchain 2024-04-09 18:15:06 -
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 -
The Mid-Range Skirmish: Google Pixel 8a vs. Apple iPhone SE 4
In the ever-evolving landscape of the tech industry, the mid-range smartphone market has become a fiercely contested battlefield. Industry titans Google and Apple are at the forefront of this battle, with their upcoming releases, the Google Pixel 8a and the Apple iPhone SE 4, promising to shake up the market...
Mobile Internet 2024-04-08 17:38:23 -
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