Tag Archives: research & development

Daimler Embraces Silicon Valley Style of Doing Business

Daimler’s Chief Executive Dieter Zetsche is sweeping away layers of bureaucracy and encouraging a more experimental approach to new products. He has also asked 144 employees to generate new leadership ideas, according to sources at the German luxury automaker. FRANKFURT, Aug 24 (Reuters) – Mercedes-Benz maker Daimler is embracing Silicon Valley management techniques in a drive to speed up decision

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Tim Cook Pledges More Apple Investment in China

BEIJING— Apple Inc. Chief Executive Tim Cook, in a meeting with senior Chinese government officials, pledged to increase investment in China, including creating Apple’s first research center in the country. The research center, which will open later this year, will focus on developing new products and services and “strengthening relationships with local partners and universities,” an Apple spokesman said. “We look forward to expanding our

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Apple Planning Asia-Focused Database Centre and R&D facility in Vietnam

Apple continues to focus on digital sales and services in emerging markets, a report on Friday claims the company is mulling an expansion into Vietnam that would see the creation of a $1 billion database centre and R&D facility. Apple’s apparent interest in Da Nang province reportedly came up in the minutes of a local government meeting concerning foreign direct investment earlier this

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Malaysia to Set Up Transport Innovation Centre in Kuching

Malaysia Automotive Institute (MAI) and Swinburne University of Technology’s collaborative research partnership will include a joint Transport Innovation Centre (TIC). The centre will be housed in Swinburne Melbourne; with a node at Swinburne Sarawak Campus which will start its implementation on Sept 1, said MAI chief executive officer Dato Madani Sahari. “We have RM2 million committed, minimum, to kick- start

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Daimler Accelerates Electric Car Plans

Germany’s Daimler has accelerated development of premium electric cars, Chief Executive Dieter Zetsche said, adding he saw the vehicle segment gaining market share. “We are adjusting our planning in this field,” he told analysts on Thursday during a call on second-quarter results. His remarks to analysts come as rivals Tesla and Volkswagen’s  luxury brand Audi prepare their own push to

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FUTURE Mobility Aims to Launch Smart-Electric Cars Before 2020

Four month-old Future Mobility Corp. seeks eventually to sell several hundred thousand fully electric, highly automated, China-built vehicles a year. The company is also backed by Chinese luxury-car dealer Harmony New Energy Auto and Foxconn Technology Group, which assembles iPhones for Apple Inc. Apple has been working on its own autonomous electric car. The company aims to sell cars in

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