Additionally, the company would incur restructuring charges, software, and real estate impairments of around CHF250 million in 4Q22 as part of the cost of the strategic transformation. Together with the adverse revenue
China has reportedly instructed its tech giants to reduce their reliance on foreign-made chips, particularly those from Nvidia and increase their purchase of domestic AI chips.
Mercedes-Benz signs an agreement with Steel Dynamics, Inc. (SDI) to source more than 50,000 tonnes of CO2-reduced steel annually for its plant in Tuscaloosa, Alabama, marking another crucial milestone towards