Xiaomi EVs Set to Go Global in Late 2027, Says Executive Lu Weibing
May 27, 2026 – Xiaomi’s automotive expansion is on track, with the company targeting late 2027 as the launch window for its first overseas markets, according to Lu Weibing, who addressed the topic during the firm’s Q1 earnings call. Speaking to investors, Lu confirmed that the international rollout is progressing exactly as outlined during the…
Nokia Divests Management Platform Business to Lumine Group for €185 Million
December 21, 2023 – Nokia today announced its decision to sell its device and service management platform business to Lumine Group for a sum of €185 million (approximately 1.447 billion yuan). The sale is expected to be finalized in the first quarter of the following year. Lumine Group, recently spun off from Constellation Software, specializes…
South Korea’s Semiconductor Exports Surge in September, But Year-on-Year Decline Persists
October 08, 2023 – According to reports from foreign sources, South Korea’s semiconductor exports continued to rise month-on-month in September, following a 15% increase in August. However, the downward trend in year-on-year comparisons has yet to be reversed. Citing data from the South Korean Ministry of Trade, Industry, and Energy, foreign media reported that South…
Tesla’s Upgraded Model 3: High-Performance Edition Set to Hit Australian Roads in 2024
November 23, 2023 – According to CarSales, Tesla’s Chief Engineer in Australia, Daniel Ho, has revealed that the new high-performance version of the Model 3 is set to hit the Australian market in the first half of 2024. While Daniel Ho has not disclosed specific details about the new car’s specifications, it is rumored that…
Amazon’s Widespread Use of AI: Every Business Unit Impacted, Including 750,000 Robots
March 5, 2025 – At the Mobile World Congress in Barcelona, Vishal Sharma, Vice President of Amazon’s General AI, stated that “almost no business unit at Amazon is untouched by AI.” Additionally, he dismissed the notion that open source models can reduce computational requirements. During a startup conference, Sharma explained that Amazon is leveraging its…
Intel to Completely Exit 5G Market by July
According to a report by Dr. Ian Cutress of More than Moore, Intel is set to transfer its 5G WWAN product development technology to MediaTek and Fibocom before the end of May and will completely exit the 5G market by July of this year. This move will not have any financial impact on Intel, as…
Elevating Efficiency: SK Hynix’s 321-Layer NAND Outperforms Previous Generation
**August 9, 2023 -** In a significant stride towards technological advancement, SK Hynix has revealed its pioneering work in the realm of NAND flash memory. Breaking new ground, the company has unveiled a prototype of 321-layer 1Tb TLC NAND, cementing its position as the pioneer in developing NAND flash memory with over 300 layers. The…
AI-Powered Vehicle Inspections: Comprehensive Reports in Just One Minute
June 24, 2024 – The omnipresence of AI is increasingly being felt in various industries, and the automotive sector is no exception. From in-car voice assistants powered by large language models to a myriad of intelligent driver-assistance systems, AI is revolutionizing the automotive experience. However, its potential extends far beyond these visible applications. According to…
Ferrari Cracks Down on Unusual Color Choices to Preserve Brand Prestige
February 8, 2025 – In the realm of supercars, Ferrari has long captivated the world’s ultra-wealthy with its exceptional performance and iconic brand allure. However, recent reports suggest that the Italian automaker might be saying “no” to customization requests that clash with its brand philosophy. According to The Telegraph, Ferrari is considering measures that could…
Sheikha Mayassa’s Grand Visit to JD Art Museum: Zhang Zetian & Xu Ran in Attendance
March 30, 2026 – A high – profile cultural and art exchange event has recently taken place in China, drawing significant attention from the art industry. Sheikha Mayassa, a prominent figure in the global art world and a core member of the Qatari royal family who also serves as the chairperson of the Qatar Museums…