Quectel wireless solutions launched a 5G MBB solution that can integrate edge computing capabilities based on the Qualcomm platform.
Shanghai, December 4, 2024 /PR Newswire/ -- Amid the profound integration of 5G technology and ai, various industries are ushering in unprecedented innovation opportunities. In order to accelerate the transformation of the 5G mobile broadband (MBB) industry towards greater intelligence and simplify the development process of edge computing applications, quectel wireless solutions recently launched a 5G MBB solution that integrates edge computing capabilities, built on Snapdragon 5G modem and RF systems. The 5G MBB solution released by quectel wireless solutions this time includes several key components: a customized device equipped with quectel 5G modules.
Will 2025 no longer be the era of the magnificent 7? Bank of America is bullish on this type of stocks...
①The chief strategist of Bank of America predicts that cyclical stocks (such as csi commodity equity index, construction, and infrastructure) will rise strongly, as investors will flow into the "old economy" sector; ②She believes that the USA economy is ready for a new spending cycle, and expects the s&p 500 index to rise to 6666 points next year.
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Three leadership changes in six years, what can save intel? Can Su Zifeng save it?
intel has changed its CEO again, which was unexpected but somehow anticipated. Over the past six years, they have replaced their CEO three times, yet the situation has worsened, with the crisis deepening. What can save this iconic chip giant from Silicon Valley? Perhaps they need to find their own Suzy. Give the veteran a decent chance. On Sunday, US Pacific Time, the intel board of directors suddenly announced the retirement of CEO Pat Gelsinger; the 63-year-old Gelsinger resigned from the CEO position and left the intel board of directors, effective immediately. intel's CFO David
The Nasdaq index reached a new high, French stocks rose, the south korea etf narrowed after a 7% drop, and the offshore yuan briefly fell below 7.31 yuan.
South Korean President Yoon Suk-yeol abruptly declared a state of emergency, boosting safe-haven assets such as U.S. Treasury bonds, Japanese yen, and gold, while cryptos on the South Korean exchange plunged. The South Korean parliament quickly passed a resolution to lift the state of emergency, with the Ministry of Finance and the central bank actively working on market rescue measures. After a 2.7% drop to a two-year low, the won’s decline was cut in half, South Korean etfs fell by 1.6%, and the yield on 10-year U.S. Treasury bonds turned to increase after hitting a new low in over a month. France is set to vote on dissolving the government as early as Wednesday, with French stocks following European markets upward, although they had previously declined during the day. The Dow Jones, small cap stocks, and semiconductor indices fell, while the China concept index once rose by 1.9%. The yuan hit a new low in a year during the day, and U.S. oil rose nearly 3% testing the $70 mark.
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Industry associations collectively call on domestic companies to be cautious in purchasing usa chips. Institutions provide this analysis as overseas semiconductor giants have repeatedly increased their investment in the china market.
① China has become the most important application market for the global IC industry. Institutions analyze that the new round of export controls by the usa has fractured the global semiconductor market and may also limit the development of usa's own enterprises; ② In the past two years, several overseas semiconductor companies have chosen to increase their investment in the china market and value the growth opportunities of chinese customers.
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Former intel CEO Gelsinger will receive a severance payment of 12 million dollars.
Documents submitted by intel to the usa Securities and Exchange Commission (SEC) today show that the recently departed company CEO Pat Gelsinger will receive approximately 12 million dollars in severance pay. The document indicates that Gelsinger will receive 18 months of base salary, totaling roughly 1.9 million dollars, after leaving. Additionally, he will receive 1.5 times the target bonus of 3.4 million dollars, payable over 18 months. Furthermore, as CEO, Gelsinger will also receive an annual bonus for 11 months. In summary, this will bring his total severance compensation to approximately 12 million dollars.
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Hong Kong stock market morning report on December 3: The NASDAQ and S&P in the US set new highs again. China Resources consortium acquired a land plot for 18.5 billion yuan.
① The manufacturing index from the usa Supply Management Association rose by 1.9 points, with most categories in the index showing improvement. ② The French Prime Minister announced a bypass of parliament to forcibly pass the budget bill. ③ Federal Reserve Governor Waller expressed a tendency to lower interest rates again in December. ④ The usa Department of Commerce released new export control measures on semiconductors to China, and the Department responded. ⑤ The usa stock market's Nasdaq and s&p 500 index both reached new historical highs.
Nasdaq, S&P hit new highs, French stock and bond yields fluctuate and rise, Euro once fell more than 1%, Dollar rose.
On the first trading day of December, Cyber Monday shopping amounts will break records, with the Nasdaq and Chinese concept stocks rising about 1%, and the chip index leading with a 2.6% increase, while the Dow fell from its peak. Tesla soared over 4% during the day, intel rose nearly 6% before turning negative, super micro computer surged nearly 29%, and Xpeng autos climbed over 5%, but Li Auto dropped nearly 4%. The French government faces a vote of no confidence, causing French stocks to briefly fall over 1%, and the spread between French and German government bond yields approached the widest in twelve years. US henry hub natural gas fell over 4%, the indian rupee hit a new low, and the offshore yuan dropped over 400 points, falling below 7.29 yuan.
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