Wistron ITS (WITS), a Wistron Group subsidiary specializing in software and technology consulting services, is shifting its focus to serve new clients in the cloud computing sector, particularly in Southeast Asia (SEA) and the US. This strategic move comes in response to a slowdown in China’s automotive market.

Last week, India’s startup ecosystem reached another milestone as EV company Ola went public, joining the ranks of several other firms that have made similar moves in recent years.

Advanced Micro-fabrication Equipment (AMEC), a China-based semiconductor equipment manufacturer, has emerged as a formidable competitor to Applied Materials, Lam Research, and other big international rivals. Although China is still far from meeting worldwide standards in the field of semiconductor equipment, AMEC founder and CEO Gerald Yin believes that China can reach internationally technologically advanced levels within the next five to ten years.