Chinese AI firm iFlyTek eyes Europe expansion as US trade war heats up

, By The Economic Times
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Chinese artificial intelligence firm iFlyTek is planning to expand its European business as trade tensions rise between the United States and China, vice president Vincent Zhan said.

“The U.S. and China trade war has some impact for us,” Zhan said in an interview on the sidelines of the Mobile World Congress in Barcelona this week, adding that North America is the company’s largest market outside China in terms of demand.

Zhan said iFlyTek was aiming to diversify its supply chain to reduce any impact from tariffs while working to expand its…



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Chinese AI firm iFlyTek eyes Europe expansion as US trade war heats up

, Published By The Economic Times
AI


Chinese artificial intelligence firm iFlyTek is planning to expand its European business as trade tensions rise between the United States and China, vice president Vincent Zhan said.

“The U.S. and China trade war has some impact for us,” Zhan said in an interview on the sidelines of the Mobile World Congress in Barcelona this week, adding that North America is the company’s largest market outside China in terms of demand.

Zhan said iFlyTek was aiming to diversify its supply chain to reduce any impact from tariffs while working to expand its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News
Razorpay: Razorpay enters Singapore; targets $5 billion in payment volume from Southeast Asia over two years
Next News
FirstCry Shares Tumble 5% During Morning Trade
The Economic Times

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