Huawei Technologies has two huge booths at this week's event, and there are at least seven Chinese automakers touting its Qiankun installed in their cars as the most sophisticated advanced driving assistance system (ADAS) to date.
Even Germany's Volkswagen will equip its China-made, Chinabound Audi Q6L e-tron with Qiankun upon the car's 2025 launch, in Huawei's first deal with a foreign automaker, two people with knowledge of the matter told Reuters.
Nissan CEO Makoto Uchida's interest was piqued too as he visited a Huawei booth and listened to representatives explain the systems developed for the Seres car on display. A Nissan spokesperson said Uchida was touring booths and had no comment on any considerations of a Huawei tie-up.
Audi said it does not comment on suppliers. Huawei did not immediately respond to a request for comment.
Huawei's rapid emergence as parts supplier highlights the telecommunications equipment maker's drive for sources of growth after US export controls pursued on national security grounds since 2019 hammered its businesses, especially smartphones.
هذه القصة مأخوذة من طبعة April 27, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 27, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Rain, dust storm kill 8, disrupt life in Mumbai
Rain and strong gusts of wind swept through several parts of Mumbai on Monday, killing eight people and wounding nearly 60 others, while damaging property and resulting in the suspension of flight and train operations.
ER&D sails get trimmed amid FY25 outlook fog
In the face of weak client spends and elongated sales cycles, near-term outlook charts uncertain waters, say analysts
Health plan: Compare features, costs; port if you find better deal
Combine base policy with super top-up; buy multi-year policy to cope with rising health insurance premiums
Indegene shares rally over 26% in debut trade
Shares of healthcare tech firm Indegene Ltd on Monday ended with a premium of over 26 per cent against the issue price of ₹452.
Anxiety on D-St: Voter turnout, victory margin quicken mkt pulse
Foreign investors wait on the sidelines, seeking clarity on the next govt's composition and strength
Gilt-y pleasure: Active debt MFs see heaviest inflows in over 3 years
Gilt schemes garner ₹5,200 cr in April, most in at least 5 yrs
Gains in ABB may sustain on strong margin outlook
ABB India's March quarter results (Q1CY24) were led by strong margin performance.
ICICI SECURITIES DELISTING - Privacy rules breached: Shareholders tell NCLT
ICICI Securities breached shareholder privacy and administration rules by sharing the details of shareholders with ICICI Bank, minority shareholders told the National Company Law Tribunal (NCLT) on Monday.
Gaining strength
Improving bank balance sheet will support growth
The power gap
Battery storage systems can maximise RE