NEWS
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Toyota consolidates China R&D to accelerate EV product output
JAPAN Toyota Motor will consolidate a portion of its electrified-vehicle research and development in China, aiming to accelerate product releases in a fast-changing market, reports Tokyo's Nikkei Asia.Toyota is renaming its largest Chinese R&D facility - the wholly owned Toyota Motor Engi...
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China's big artificial intelligence chip maker sacks half its staff
BEIJING's Cambricon Technologies, seen as one of China's top artificial intelligence (AI) chip developers, has laid off nearly half its workers, reports Hong Kong's ***.SingGo, a smart car chip unit under the Beijing-based holding company, cut nearly half the staff in its software dep...
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Global investors abandon China for India and Vietnam to reduce risk
GLOBAL capital flows are pivoting away from China in favour of other emerging Asian markets such as India and Vietnam, as investors seek alternatives with fewer economic and geopolitical risks, reports Tokyo's Nikkei Asia.For the first time since 2017, foreign investment inflows into Asian em...
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