The government of the People’s Republic of China will focus on promoting the electrification of commercial vehicles in the coming years. Frost & Sullivan predicts the sales volume of electric commercial vehicles to grow from 218,900 units in 2022 to 431,000 units in 2026. With a CAGR of
Plexus had GE Healthcare Technologies and General Electric as its major customers in fiscal years 2022 and 2023 worldwide, ended September 30. Globally, the company serves approximately 150 customers. While GE Healthcare Technologies accounted for 10.3% of its net sales, General Electric comprised 12.9% and 11.2% of its
Hong Kong, China had eight free trade agreements with 20 economies as of June 2023. As part of the contextual environment, while macroeconomic challenges globally and in China continued to impact Hong Kong’s economy, the third quarter of 2023 also saw the announcement of several Hong Kong government
On how Internet search has progressed from Google to ChatGPT, PFS Funds executives give the following summary. Google was founded in 1998 with a unique vision. Instead of trying to manually cull the Internet and use simplistic word searches, as existing search engines tried to do, why not
China, United States, Germany, Italy and Mexico were the top importers of industrial robots in 2022. Industrial robots have been commercially available and used in industrial and manufacturing environments for many decades. They are typically large, stationary machines designed to automate repetitive tasks in a controlled environment (e.g.,
The smart manufacturing market is expected to grow at a compound annual growth rate of 13% from 2022 to 2029, reaching a market value of around $658 billion globally. According to a 2022 report by Fortune Business Insights, one of the main drivers of this rapid growth is