Reimagining ASEAN's Future, Royal Resilience, and Huawei's Comeback: Highlights from Global Conferences and Tech Triumphs
Southeast Asia Drives Sustainable Economic Partnerships as Huawei Surpasses Apple in China's 5G Market.
Let's start by exploring the ambitious theme of reimagining a sustainable future, as the Asean Conference 2024 recently concluded in Singapore. With over 500 leaders from 13 countries, dialogues focused on building resilient economies and regional partnerships, particularly concerning opportunities in Indonesia, Malaysia, and Thailand.
Shifting our attention from economic discussions in Asean to the UK, the public saw the steadfast support of the British monarchy as Kate, the Princess of Wales, made her first public appearance after chemotherapy. Along with Prince William, they visited Southport to meet with locals and mental health workers following a tragic knife attack.
In a surprising turn in the tech industry, Huawei has reclaimed its dominance over Apple in China, achieving this for the first time in nearly four years. This comeback is largely due to their innovation in the 5G market, with high-performing foldable models capturing 17.5% of the market share.
Meanwhile, China's competitive electric vehicle market is escalating with notable manufacturers like BYD and Xpeng slashing prices to stay attractive. This fiercely competitive environment has resulted in significant price reductions across 124 models this year, raising concerns about sustainability and profit margins.
Staying in China, there's a growing warning about potential overcapacity in AI computing power due to the rapid rise in data centers. Despite a significant build-up pushing the country's computing power to 246 Eflops, many centers are underutilized, prompting concerns about efficient resource management.
On a more humanitarian note, solutions are being sought globally in Geneva where experts gathered to harness artificial intelligence for mine action. The Innovation Session by GICHD spotlighted the promise of AI in enhancing safety and efficiency in demining efforts, potentially safeguarding many vulnerable regions.
Shifting our attention from economic discussions in Asean to the UK, the public saw the steadfast support of the British monarchy as Kate, the Princess of Wales, made her first public appearance after chemotherapy. Along with Prince William, they visited Southport to meet with locals and mental health workers following a tragic knife attack.
In a surprising turn in the tech industry, Huawei has reclaimed its dominance over Apple in China, achieving this for the first time in nearly four years. This comeback is largely due to their innovation in the 5G market, with high-performing foldable models capturing 17.5% of the market share.
Meanwhile, China's competitive electric vehicle market is escalating with notable manufacturers like BYD and Xpeng slashing prices to stay attractive. This fiercely competitive environment has resulted in significant price reductions across 124 models this year, raising concerns about sustainability and profit margins.
Staying in China, there's a growing warning about potential overcapacity in AI computing power due to the rapid rise in data centers. Despite a significant build-up pushing the country's computing power to 246 Eflops, many centers are underutilized, prompting concerns about efficient resource management.
On a more humanitarian note, solutions are being sought globally in Geneva where experts gathered to harness artificial intelligence for mine action. The Innovation Session by GICHD spotlighted the promise of AI in enhancing safety and efficiency in demining efforts, potentially safeguarding many vulnerable regions.
