Global Low - Altitude Economy Industry: Development Status and Experiences of Major Economies
The low - altitude economy industry boasts advantages such as a long industrial chain, wide - ranging radiation - driven effects, strong growth potential, and vast market space. It is a prominent manifestation of new technologies, industries, models, and business forms. Major developed economies like those in Europe, the United States, and Japan,
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Amazon Revives Prime Day-Level Discounts on AirPods 4, Matching Historic Lows
Amazon has once again rolled out significant price cuts for Apple's AirPods 4, mirroring the record-low deals offered during last week's Prime Day event. The promotion, which is currently live, slashes the price of the standard AirPods 4 to $89.99, representing a 30% discount off its original retail price. For users seeking enhanced audio features, the AirPods 4 model equipped with Active Noise Cancellation (ANC) is now available for $119.99, marking a 33% reduction.
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Intel Drops Out of Top 10 Semiconductor Companies, Faces $16.6B Quarterly Loss
Intel CEO Lip-Bu Tan publicly acknowledged in a recent internal meeting that the company has fallen out of the global top 10 semiconductor firms due to years of strategic missteps, revealing a staggering $16.6 billion loss in Q3 2024 . This marks the worst quarterly performance in Intel’s 57-year history, driven by $15.9 billion in accelerated depreciation costs tied to underperforming Intel 7 manufacturing assets and Mobileye’s goodwill impairment . To reverse its fortunes, the board approved a new strategy centered on edge AI and agent AI, coupled with global layoffs and business restructuri
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Nvidia and AMD Get U.S. Approval to Resume Chip Sales in China
Foreign media reports that Nvidia and AMD have received U.S. government support to restart AI chip exports to China. Nvidia announced it will resume selling the China-customized H20 chip and launch a new compliant product, the RTXPRO GPU. CEO Jensen Huang stated in Beijing that the Chinese market is "vital" to the company, with H20 ready: "We are very pleased to ship as soon as possible."
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U.S. Department of Defense Becomes Largest Shareholder of MP Materials, Accelerating Domestic Rare Earth Supply Chain
The U.S. Department of Defense (DoD) has taken a historic step by acquiring a 15% stake in MP Materials through a $400 million preferred stock purchase, making it the largest shareholder of the U.S.-based rare earth producer . This move aims to address critical national security vulnerabilities by reducing reliance on foreign (particularly Chinese) rare earth supplies, which are essential for advanced military systems, electric vehicles, and renewable energy technologies.
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Twitch to Exit Russian Market Amid Regulatory Pressures, Facing $800,000 in Fines
Amazon-owned live streaming platform Twitch is planning a full withdrawal from the Russian market, citing concerns over economic viability and mounting regulatory pressures, according to recent reports.
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Portugal: The Unrivaled "Cork Kingdom" of the World
Portugal has long held the prestigious title of the "Cork Kingdom," a testament to its dominant position in the global cork industry. As the world's largest producer and exporter of cork, the country's significance in this sector is unparalleled, deeply rooted in its extensive cultivation and rich expertise.
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Portugal: A Global Heavyweight in Mold Manufacturing
Portugal has firmly established itself as one of the world’s leading mold producers, ranking eighth globally in mold supply. The country’s prowess in precision engineering and industrial innovation has made its mold manufacturing sector a cornerstone of excellence, catering to some of the most renowned multinational corporations across various industries.
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Portugal: A Top European Tourism Destination Celebrated for Its Diverse Charms
Portugal has firmly established itself as one of Europe’s premier tourism destinations, consistently earning accolades for its unique blend of cultural heritage, natural beauty, and warm hospitality. In a “Readers’ Choice Top 10 Best” contest hosted by USA Today’s travel website, the country clinched the top spot in the “Best European Travel Country” category, a testament to its universal appeal among global travelers.
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Mahindra: India's Titan Straddling the Global Tractor Industry
Mahindra, an Indian industrial powerhouse, has firmly established itself as the world’s largest tractor manufacturer. Renowned for its robust and efficient machinery, the company’s products have transcended geographical boundaries, finding their way onto farms across the Americas and Australia. Its dominance in the global market is a testament to India’s growing prowess in agricultural engineering.
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India's Semiconductor Industry: A Late - Starter on the Path to Global Prominence
Although India's semiconductor industry got off to a relatively late start, it is now experiencing a remarkable upswing and is poised to become one of the major international players in the sector. Driven by its vast market demand and a rich talent pool, India is making significant strides in this high - tech domain.
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Russia: The Unmatched Giant of Global Natural Gas Resources
Russia solidifies its status as an energy superpower with its unparalleled dominance in natural gas. Boasting the world’s largest natural gas reserves, the country stands at the forefront of global energy markets, wielding immense influence over supply and geopolitical dynamics.
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Russian Space Technology: A Continued Global Leader
Russia has long been at the forefront of space technology on a global scale. Its space station technology is highly advanced. The International Space Station, where Russia plays a crucial role, replaced the previous Mir space station. Russia's expertise in this area is demonstrated by the complex and successful operations carried out in the space station environment.
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US Leads the World in Nuclear Power Generation
The United States has long been the global leader in nuclear power generation. In 2019, its nuclear power generation reached a staggering 809.4 TWh, a figure that dwarfs that of other countries. This achievement places the US at the forefront of the global nuclear energy sector, contributing over 30% to the world's total nuclear power generation.
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G20 Pledges Strengthened International Policy Cooperation
G20 finance ministers and central bank governors have issued a joint communiqué, committing to enhance international policy cooperation and sending a signal in support of multilateralism. They emphasized the need to end global trade conflicts soon and called on the U.S. and Europe to reach a fair agreement on tariffs.
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