IBM to shut China R&D in move affecting 1,000 staff

IBM to shut China R&D in move affecting 1,000 staff

The company is shuttering two business lines that specialise in research & development and testing, International Business Machines is shutting a key research division in China in a move affecting more than 1,000 employees, local media including Yicai reported, in the latest pullback by a US name from the world’s No 2 economy. The company…

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Japan’s startup index outperforms Topix by most since April

Japan’s startup index outperforms Topix by most since April

Japan’s startup equity gauge is outperforming the broader market by the most in over four months, as investors shift focus into domestic small and mid-cap stocks that benefit from yen strength.  The Tokyo Stock Exchange Growth Market 250 Index, formerly known as the Mothers Index, rose 3.4 per cent over the past month, compared with…

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China robots conference spotlights the changing face of humanoids

China robots conference spotlights the changing face of humanoids

AS CHINA seeks to race ahead in humanoid robot development, its supply chains showcased cheaper and innovative parts at the world robot conference in Beijing, but some executives warn the industry has yet to improve product reliability. Wisson Technology (Shenzhen), known for its flexible robotic manipulators, does not depend on motors and reducers – transmission…

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