In a significant development, according to three sources familiar with the matter at hand, Xiaomi Corp plans on entering the electric vehicles (EVs) segment using Great Wall Motor Co Ltd’s factory, making it the latest tech firm to join the smart mobility race. Xiaomi, one of China’s biggest smartphone makers, is in talks to use…
Given that Infineon’s high-performance power chips have an ubiquitous usage, the chipmaker has a bright future despite small road bumps. On Tuesday, German chipmaker Infineon Technologies AG stated, a slump in demand which had led to increased inventory levels is likely to plateau only this summer; this means that till then its profit margins will…
Ronnie Letin, 60, a Belgian, has been described as a “very skilled businessman, technically savvy and strategically versatile”. In efforts aimed at reigning in and reviving its dipping fortunes, mobile equipment maker, Ericsson has selected Ronnie Leten, the former of of Atlas Copco, a mining gear maker, as its new chairman. In July, Ericsson’s chairman…
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