Visitors gather at the booth of Carestream Health Inc during a medical equipment exhibition in Shanghai in 2023. [PHOTO/CHINA DAILY] US-based medical equipment manufacturer Carestream Health Inc plans to localize the production of a variety of items in China this year to secure a larger market share, a senior executive said. The initiative aims to … Continue reading Carestream raising localization to gain larger market share
Tag: innovation
ZF expresses confidence about auto industry’s future in China
ZF operates more than 50 plants, four R&D centers and 240 after-sales service centers in China. [Photo/China Daily] Global technology company ZF remains bullish about the Chinese market, pledging continued investment, innovation and localization efforts in the world’s largest auto market, its CEO said at the China Development Forum on Sunday in Beijing. “China is … Continue reading ZF expresses confidence about auto industry’s future in China
Experts call for more efforts in robotics
A Siasun employee conducts tests on a set of robotic arms at a production facility in Shenyang, Liaoning province, in August. [Photo/China Daily] China should use targeted measures to develop its robotics industry further, focusing on key areas such as cutting-edge foundational technologies, the localization of critical components and enhancing the performance of overall applications, … Continue reading Experts call for more efforts in robotics
Huawei sounds 9.6% growth in 2023 revenue
Shoppers look at newly launched smartphones at the Huawei flagship store in Beijing.[Photo/Agencies] Huawei Technologies Co said on Friday that its revenue for 2023 hit 704.2 billion yuan ($97.5 billion), marking a year-on-year increase of 9.63 percent, and its net profit hit 87 billion yuan. The growth rate represents the highest annual revenue growth since … Continue reading Huawei sounds 9.6% growth in 2023 revenue