Envision Greenwise returns to the black in its latest fiscal year
Green energy infrastructure services provider Envision Greenwise Holdings Ltd. (1783.HK) said on Thursday that it swung to a profit in its latest fiscal year through March, reversing a loss in…
GDS commits up to 50 billion yuan to capture booming AI data center demand
China’s largest independent data center operator said it plans to spend between 30 billion yuan and 50 billion yuan on new facilities over the next three years Key Takeaways: GDS…
Lenovo caught napping by ‘democratization of AI’
The world’s leading PC maker said it took a $285 million restructuring charge in its latest fiscal quarter related to its infrastructure unit that sells AI servers Key Takeaways: Lenovo’s…
Bidding war for Hollysys leaves shareholders demanding more input
A consortium led by two investment firms raised its bid for the automation systems maker last week, as it vies with two other groups to privatize the company Key Takeaways:…
PODCAST: Everyone loves a party: China sees 5% growth at annual ‘Two Sessions’
China says it will target relatively modest GDP growth of “about 5%” this year, as it focuses on “quality growth” over “growth at any cost” in the post-pandemic era.
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