Tag: ASIA
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20 Leading Mobile App Development Companies in India
The Indian mobile app development market has generated $3.3 billion in 2023 and is projected to grow as companies seek versatile solutions for a rising user base. This article reviews 20 leading mobile app development companies in India, showcasing their significant projects and technological expertise across various sectors. India’s mobile application development sector has experienced…
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Global AI Agent Market Set for Rapid Expansion as Major Tech Firms Introduce New Services
The global AI agent market is poised for explosive growth as tech giants such as Google, Microsoft, and IBM launch innovative AI agents aimed at enhancing efficiency across multiple industries. With projected growth from $5.1 billion in 2024 to $47.1 billion by 2030, these agents promise to significantly improve user convenience and operational effectiveness. The…
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China’s Generative AI Market Surges with 230 Million Users, US Companies Still Favored
China is witnessing a rapid expansion in generative AI usage, with over 230 million users currently engaged in these services. Notably, foreign offerings like ChatGPT remain popular despite governmental blocks, indicating a robust market for AI technology. Investments from companies like Nvidia and Apple underscore the strategic importance of this sector in both China and…
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Hyundai and Kia Unveil X-ble Shoulder: A Breakthrough in Wearable Robotics
Hyundai Motor Company and Kia Corporation have launched the ‘X-ble Shoulder,’ a wearable robot designed to assist workers with overhead lifting tasks, enhancing muscle strength and significantly reducing shoulder load and muscle activity. The X-ble Shoulder is available for commercialization in 2025 and aims to penetrate various industries while prioritizing user safety and comfort. This…
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Tata Electronics Targets Major Tech Firms for Strategic Client Expansion
Tata Electronics is engaging with major tech firms like Microsoft, Dell, and HP to diversify its client base and establish itself as a significant player in the global electronics manufacturing services market. The company aims to emulate the business model of Foxconn while expanding beyond its current focus on Apple iPhones. Recent challenges, including a…
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ACCA Report Reveals 80% of Companies Unprepared for Climate Disasters
A recent ACCA report indicates that 80% of companies are unprepared for climate disasters, with only 20% recognizing climate risks in operations. The report emphasizes the financial sector’s vital role in promoting climate resilience, as many businesses lack adequate measures to address climate-related challenges. An alarming report by the Association of Chartered Certified Accountants (ACCA)…
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China Enforces New Regulations on Tech Companies’ Algorithm Usage
The Chinese government is enforcing stricter regulations on tech companies’ use of algorithms to combat addiction and foster safer online environments for children and the elderly. This move complements previous guidelines aimed at promoting healthy content and curbing personalized recommendations, reflecting ongoing tensions with international lawmakers over data security. The Chinese government has intensified its…
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Masters, PhDs in Focus at IITs as Recruiters Chase AI Talent
The demand for IIT graduates is evolving as companies emphasize AI skills and advanced educational qualifications. Recruitment efforts are now focused on sourcing candidates with Master’s and PhD credentials in various scientific fields. This change arises from the industry’s rising need for expertise capable of tackling complex AI challenges. Salaries being offered are competitive, reflecting…
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Freshers Take Center Stage: Indian Tech Companies Redefine Hiring Trends in 2024
In 2024, Indian tech companies are shifting their hiring focus to fresh graduates, acknowledging their potential to foster innovation and drive growth. This trend is fueled by the need for agile talent in a changing economic landscape. To better prepare these freshers, companies are implementing upskilling initiatives, thereby creating job opportunities while addressing industry challenges.…
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The Race for Drone Defenses: A Growing Market in Defense Technology
The rise of advanced drone technology presents growing threats to governments and corporations, necessitating the development of countermeasures by companies like MARSS and Dedrone. This competition is characterized by swift innovation aimed at detecting, tracking, and neutralizing UAVs, with an emphasis on integrating technologies such as AI and machine learning for enhanced effectiveness in defense…