Nokia has initiated significant layoffs, affecting approximately 2,000 employees, which accounts for 20% of its workforce in China. Additionally, the company plans to eliminate another 350 positions across Europe as part of its cost-reduction strategy. A spokesperson for Nokia confirmed the layoffs in Europe but did not provide details regarding the job cuts in China. As of December 2023, Nokia employed around 10,400 individuals in China, highlighting the scale of the recent reductions aimed at streamlining operations amid challenging market conditions.
Original from TechNode.com: Nokia cuts 2,000 jobs in China for cost-saving: report
Nokia cuts 2,000 jobs in China for cost-saving: report
RobotToday Initiative
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
China Reports 68.7% Surge in Electric Vehicle Exports for H1 2026
In the first half of 2026, China's electric vehicle exports surged by 68.7% year-on-year, as reported by customs data on July 14. This remarkable growth reflects a broader increase in various sectors, including electric motorcycles and bicycles, which rose by 31.5%, and electric locomotives, which saw a 45.1% increase. Additionally, lithium batteries and ...
News Feed
Global robotaxi market set to hit US$1t by 2040 as China tech costs plummet: Morgan Stanley
The global robotaxi market is projected to reach a value of $1 trillion by 2040, as highlighted in a recent report by Morgan Stanley. The investment bank's analysis, released on Friday, indicates that Chinese companies such as Baidu, Xpeng, and WeRide are poised to emerge as regional leaders in this burgeoning sector, competing alongside established globa...
Bentley prices drop to 270,000; second-hand luxury fuel car prices plummet; Cambrian loses 70 billion in market value in a
OpenAI has reportedly achieved a significant technological breakthrough, successfully reducing the operational costs of its AI model inference by over 50% through a series of system optimizations. This development was disclosed by engineers within the company on June 30. Meanwhile, in the automotive sector, the price of second-hand luxury fuel vehicles ha...
Automate 2026 | Amprius SiCore SA88 Competes for Innovation Award in Robotics Battery Category
At Automate 2026 in Chicago, Amprius Technologies exhibited its SiCore SA88 silicon-anode pouch cell — 358 Wh/kg, 750 Wh/L — as a finalist in the Components, Hardware & Enabling Technologies category. Analysis of implications for AMR, UAV, and aerial mobility platforms.
Components and Hardware
Space Robot- Lunar Rovers: Building Infrastructure on the Moon
Lunar rovers face -180°C nights and glass-sharp dust while building moon infrastructure. Inside the engineering challenges, commercial strategies, and international competition shaping planetary robotics.
Miscellaneous
Is the NVIDIA-Siemens Partnership a Trojan Horse?
Media hailed it as a landmark alliance. But flip the view: it resembles a Trojan Horse. Siemens gains compute and world-model access; NVIDIA quietly secures control over industrial training data, model iteration, and world representation.
Artificial Intelligence Industry Trends
China Installed Nearly 300,000 Industrial Robots in 2024, More Than All Other Markets Combined
In 2024, China significantly advanced its industrial automation by installing 295,000 new industrial robots, surpassing the total installations of all other countries combined, as reported by the International Federation of Robotics (IFR). This surge contributed to a global deployment of 524,000 new robotic units, raising the total number of operational r...
News Feed
Tesla’s China-specific, long-wheelbase Model Y to be priced at $55,720: report
Tesla is set to launch a long wheelbase version of its popular Model Y crossover in China, potentially as soon as the third quarter of this year. According to sources familiar with the situation, the new variant is expected to start at approximately RMB 400,000, equivalent to about $55,720. The announcement was confirmed by the US automaker earlier on Wed...
News Feed
Leave a comment