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Wednesday 30 October 2024
Chinese EV makers rush EU shipments ahead of 35% tariff initiation
Chinese electric vehicle manufacturers are accelerating their European shipments ahead of potential anti-subsidy tariffs of up to 35% that could take effect from November 1. While...
Monday 23 September 2024
Veo AI to power YouTube Shorts, Hype feature undergoing global testing
Google has revealed that YouTube Shorts will integrate the generative video model, Veo, later in 2024. This tool, powered by Google DeepMind, will assist creators in producing video...
Monday 16 September 2024
China reportedly discourages EV makers from investing overseas, urging domestic retention of key technologies
As the global electric vehicle (EV) supply chain shifts towards a regionalized production model due to geopolitical and economic factors, the Chinese government is reportedly discouraging...
Friday 12 July 2024
BYD to invest US$1 billion in Turkish EV factory, targeting EU market
BYD reached an agreement with the Turkish government to invest $1 billion in building an electric and plug-in hybrid vehicle factory in the region. The new factory is set to start...
Tuesday 11 June 2024
Turkey to impose 40% tariffs on Chinese vehicles; Volvo reportedly shifts EV production to Belgium
More changes that could affect the automotive industry's dynamics have emerged ahead of the European Union's expected tariff increase.
Monday 13 November 2023
Ford, Koc, LGES scrap plan to build joint battery plant in Turkey
Slower EV adoption growth has terminated a joint battery investment of Ford, Koc Holding, and LG Energy Solution in Turkey. Ford and SK On will also delay their joint battery plant...
Wednesday 22 February 2023
LGES to build battery plant with Ford, Koc Holding in Turkey
LG Energy Solution made progress in gaining a global presence. The South Korean battery maker announced a non-binding memorandum of understanding on February 21 with Ford and Turkish...
Tuesday 10 January 2023
Ford to partner with LG on Turkey battery plant, drops SK
Ford Motor Co. will partner with LG Energy Solution Ltd. to build a new battery plant in Turkey, dropping a deal with SK On Co., as the US carmaker seeks to speed up the shift to...
Wednesday 20 February 2019
Oppo gearing up to expand presence overseas
China smartphone vendor Oppo is gearing up to extend its sales tentacles into Europe countries, particularly the UK, Turkey and Poland in 2019, as part of its efforts to pursue new...
Tuesday 24 April 2018
Desktop renewals in commercial space drive stabilization in the EMEA PC market, says IDC
The Europe, Middle East, and Africa (EMEA) traditional PC market (desktops, notebooks, and workstations) recorded slight growth in the first quarter of 2018, with the market growing...
Thursday 15 March 2018
Advantech to buy 25% stake in Turkey distributor Alitek
Taiwan-based IPC player Advantech has announced plans to acquire a 25% stake in Alitek, the largest channel distributor in Turkey, and will continue increasing the shareholding each...
Friday 24 February 2017
Advantech nets NT$8.96 per share for 2016
Industrial computing device maker Advantech posted consolidated revenues of NT$10.805 billion (US$341 million), gross margin 40.26%, net operating profit NT$1.737 billion, net profit...
Tuesday 19 July 2016
Acer, Asustek see small impact from Turkey coup, says paper
The recent attempted coup in Turkey is expected to only have a small effect on the operations of Acer and Asustek Computer in the country. However, since the Turkish lira suffered...
Tuesday 3 November 2015
Yingli Green Energy begins developing 20MW project portfolio in Turkey
Yingli Green Energy has announced that its wholly-owned subsidiary, Yingli Green Energy Europe has partnered with Motif Proje ve Insaat Ltd. Sti (Motif Proje), one of Turkey's first...