Vision Pro Teardown Reveals Component Costs and Suppliers

February 26, 2024 – According to Japanese media reports, research firm Fomalhaut Techno Solutions has conducted a teardown analysis of the Vision Pro, identifying the manufacturers of its key components and estimating their procurement prices. The cost of the device and its components is estimated to be approximately 1,200,whichisroughlyone−thirdofitssellingpriceof3,499. In terms of cost breakdown by…

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EU Boosts ‘Digital Europe’ Initiative with €1.3 Billion Investment in AI and Key Technologies

March 31, 2025 – The European Commission (EC) has announced through a statement on Friday the adoption of the DIGITAL Europe Programme for the years 2025 to 2027, allocating a significant budget of €1.3 billion to deploy crucial technologies strategic to Europe’s technological sovereignty. The program primarily focuses on artificial intelligence (AI), cloud data, cybersecurity,…

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Volvo Cars Slashes 3,000 Jobs to Tackle Cost Pressures and Trade Tariff Woes

May 27 2025 – Volvo Cars, the Swedish automaker under the ownership of China’s Geely Holding Group, unveiled on Monday a significant workforce reduction as part of a restructuring initiative announced last month. The company plans to slash 3,000 jobs, predominantly affecting white-collar positions, amidst a backdrop of escalating costs, sluggish demand for electric vehicles,…

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