Yovole is considering an initial public offering in the US, people familiar with the matter said, years after the Chinese data center operator’s failed attempt to list in mainland China.
South Korea’s semiconductor industry is considering the creation of KSMC amid claims of facing its biggest crisis ever, prompting calls for KRW300 trillion (US$207 billion) in government financial support.
Following Xiaomi’s venture into electric vehicles, automakers are now emerging as key players in the humanoid robot market. Tesla CEO Elon Musk recently announced that the company’s future focus will gradually shift from electric vehicles (EVs) to humanoid robots, particularly its “Optimus” model, which he described as Tesla’s core competitive advantage for the next decade.
Honda Motor Co. absorbing Nissan Motor Co. could give the two struggling Japanese brands the scale they need to take on China’s BYD, sales figures released Wednesday show.
Foxconn’s ODM direct business will experience unprecedented growth in 2024, positioning it as the leading company in Omdia’s global server market analysis, driven by surging demand for AI-optimized servers from major US cloud providers.