In response to the growing corporate demand for generative AI, Japanese electronics giant Hitachi announced in 2024 that it has signed a three-year partnership contract with Microsoft. This partnership enables users of Hitachi’s Lumada platform to leverage Microsoft’s services, prominently featuring generative AI. Additionally, it establishes a talent development system poised to potentially create a multibillion-dollar global market.

The US-based Avnet, a distributor of IC products and electronics components, is supporting Taiwan’s Original Design Manufacturers (ODMs) in venturing into the global automotive market through a comprehensive global alliance.

As Xiaomi is expected to celebrate its tenth anniversary in entering India in July, the company is strategizing to pivot towards premiumization, AIoT, ecosystem integration, and local manufacturing to reclaim its leadership position in the country.