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…
