Chinese language state media hails Tesla megafactory in Shanghai as signal overseas enterprise is on board

ASIA IN BRIEF Tesla is about to open a brand new megafactory in Shanghai to supply large-scale rechargeable lithium-ion batteries referred to as Megapacks, based on an announcement issued by the corporate on Sunday.

Every Megapacks retailer over three megawatt-hours (MWh) of electrical energy and take up the area of a regular delivery container. The merchandise are designed to retailer energy from intermittent energy technology sources like wind and photo voltaic and will be deployed throughout outages like grid failures, though they sometimes generate undesirable thermal energy all by themselves.

In accordance with Chinese language state-sponsored media outlet Xinhua, Tesla’s plant will break floor within the third quarter of 2023 within the Lin-gang Particular Space of China (Shanghai) Pilot Free Commerce Zone. Manufacturing is slated for the second quarter of 2024.

Xinhua referred to the brand new Megapack manufacturing unit as “a constructive sign demonstrating overseas enterprises’ confidence within the Chinese language financial system.”

Tesla already operates a Gigafactory in Shanghai the place the ultimate meeting of Mannequin 3 and Mannequin Y autos happen.

Tesla additionally unveiled a brand new product strictly for the Chinese language market final week – its new CyberVault. The 13-kilogram EV dwelling charging station, which basically consists of a Tesla Wall Connector and housed in a field impressed by the look of the Cybertruck electrical SUV, will reportedly retail for round $800.

ZTE begins promoting 4th-gen Xeon servers outdoors China

Chinese language telecoms kit-maker ZTE on Monday introduced it should begin promoting its recently-launched G5 servers in Thailand, the primary abroad market that can obtain the vary.

Partnering with native outfit AIS, ZTE will begin gross sales of the the 5200 G5 high-density server, 5300 G5 full-scenario common server, 5500 G5 mass storage server, 6500 G5 heterogeneous computing energy server, and 8500 G5 high-performance server.

All provide fourth-gen Intel Xeon processors, Chipzilla’s newest fashions.

Telco-centric tech distributors like ZTE are likely to enter the server market to deal with demand for software-defined networks that run on servers as an alternative of single-purpose service equipment. Volumes for such merchandise are low, however create “land and broaden” alternatives to focus on buyer workloads past networking.

On the launch of the vary in Thailand, ZTE officers identified that the Chinese language firm’s servers are utilized in over 40 nations, in fields together with “communications, Web, finance, energy, authorities affairs, transportation, and different industries.”

– Simon Sharwood

Apple retailer involves India

Apple is getting ready to open its first bodily retailer in India’s metropolis of Mumbai. The opening will happen two years after preliminary plans had been derailed by COVID-19.

“Hiya Mumbai. We’re on the point of welcome you aboard our first retailer in India,” states the corporate’s web site at time of reporting. In accordance with experiences, the shop, which remains to be being constructed, is prone to open this month.

SpaceX collaboration to repair New Zealand’s web blind spots

One New Zealand, the telecommunications firm previously referred to as Vodafone NZ, mentioned final week it had launched an settlement with SpaceX to carry one hundred pc protection to New Zealand from 2024.

“Presently, our cell community covers 98 % of the locations New Zealanders reside and work, nonetheless as a result of size and geography of the nation, nearly 50 % the landmass nonetheless has no protection,” mentioned One New Zealand CEO Jason Paris.

Foxconn invests $820 million in EVs

Taiwanese electronics producer Foxconn mentioned on Sunday it will make investments $820 million over three years to additional its growth into electrical autos (EV). The cash will go towards constructing factories in Kaohsiung Taiwan that make electrical buses and EV batteries.

In different information

Our regional protection from final week included information that almost two million cell phone subscribers in Vietnam might have their providers terminated for not updating their registered person info to match a nationwide database, a brand new requirement designed to curb spam.

The Authorities of Pakistan’s Twitter account was blocked in India final week and stays “withheld in India in response to a authorized demand” on the time of writing. The social media platform additionally seems to have modified course on proscribing the affect of state media, in opposition to its personal insurance policies, by boosting the attain of state-sponsored media in China and Russia.

Microsoft launched an area model of Groups in China.

China’s race to develop its personal ChatGPT-analogue continues with Alibaba rumoured to launch a generative AI mannequin this week, whereas Huawei supplied updates to its Pangu massive scale mannequin at a summit final weekend.

Samsung had its personal ChatGPT woes because it reportedly suffered a leak after workers shared firm secrets and techniques with the AI chatbot, together with delicate information about future semiconductor merchandise.

In the meantime, the Indian authorities has determined to not regulate the expansion of AI.

The Australia and New Zealand Banking Group (ANZ Financial institution) has stopped dealing with money over-the-counter at some branches as a response to a decline in use of money and a rise in real-time peer-to-peer funds.

The Australian authorities introduced it will prohibit using TikTok on state units “as quickly as practicable.” ®