Media Focus on Multinational Corporations





Volkswagen has opened a pilot production line for the manufacturing of automotive battery cells. According to Volkswagen, around 300 people will be working at the pilot line, which is set to produce battery cells for small series vehicles. Volkswagen aims to invest around 100 million euros (109.8 million U.S. dollars) in a first step in the small series production. (China Daily)

Airbus SE said it is committed to speeding up and deepening its long-term cooperation with Chinese aviation industry players, with an upcoming production ramp-up of the A320 aircraft at its final assembly line in Tianjin. (China Daily)


Amazon is adding ways to access its Alexa voice assistant wherever its customers go. The company announced a plethora of devices Wednesday, including the Echo Buds, Echo Frames and Echo Loop, which are respectively wireless earbuds, glasses frames and a ring that each comes with Alexa access. (China Daily)

JD will continue to increase investments in the supply chain network and apply more cutting-edge technologies, such as 5G, artificial intelligence and internet of things technologies into this sector. Yang Haifeng, head of supply chain value management at JD Logistics, said these innovative technologies have been applied to the construction of intelligent parks, packages tracking, transportation, unmanned warehouses, and delivery drones and self-driving vehicles. (China Daily)

Huawei on Wednesday launched Atlas 900, a super fast AI training cluste. Atlas 900 is the 'world's fastest AI training cluster,' which combines the power of thousands of Ascend processors, and can handle models in seconds that used to take several months to train. (National Business Daily)

BMW is optimistic about the Chinese market and plans to kick off the production of fully electric iX3 cars in its plant in northeast China about next fall, Nicolas Peter, chief financial officer (CFO) of BMW AG, told Xinhua in Frankfurt. (National Business Daily)


China Taiping Insurance Group launched its new insurance service center that targets the Association of Southeast Asian Nations market.The center will be a major platform for the company to conduct cross-border business and international cooperation with ASEAN member states, especially in insurance, elderly care and investment, according to China Taiping Insurance. (National Business Daily)

Walmart's Sam's Club members will be able to also shop for health care services starting next month.Sam's Club is teaming up with several health care companies to offer discounts on everyday care its customers might delay or skip because of the cost. (National Business Daily)

Huawei unveiled its 5G Birmingham Training Center here on Friday to ensure that relevant 5G training is in place to meet current and future information and communications technology (ICT) needs in Britain. The new center has the capacity to train 20 people at a time, with courses being tailored to meet training requirements. A typical course will last five days and will cover an introduction to 5G technology, principles of modern network engineering and hands-on practical installation of 5G network equipment, according to Huawei. (Global Times)

Amazon is hanging the helped wanted sign out on Tuesday. The online shopping giant will hold six job fairs across the country, with the goal of filling more than 30,000 vacant jobs by early 2020. (Global Times)

Tesla's 50-billion-yuan ($7 billion) gigafactory in Shanghai, which is the company's first such facility outside the United States, is expected to commence operations at the end of this year. (Global Times)