Airbus could announce “several hundred” airplane orders at the June 15 to June 21 Paris Airshow, Fabrice Bregier, chief executive of the planemaking unit of Airbus Group, said on Saturday.
“It will be a good show,” he told i-Tele television.
Airbus has seen a surge in demand for jets like the medium-haul A320, but is struggling to find buyers for its largest model, the 544-seat A380 superjumbo.
NO CHANGES NOW
Despite calls by Dubai’s Emirates to update the engines, Bregier said a A380 revamp was “not currently on the agenda,” adding that “we’ll do that when the time is right.”
Bregier said the recently weakened euro was at a “good level” for European businesses.
BRITISH CONCERNS
Asked about suggestions Airbus would quit Britain if it leaves the EU, he said: “We produce all our wings in Britain and I have no intention of changing this strategy. I am very satisfied with the support we receive from the UK.”
The head of Airbus UK last week warned of “huge” economic risks for Britain outside the EU and said Airbus would reconsider investments if Britons voted to leave the bloc in a referendum due by the end of 2017.
“As a European citizen, and as the head of one of the few flourishing European enterprises, I hope the UK stays in Europe, but it is up to them to determine themselves,” Bregier said.
“If the UK happened to leave then we would examine the consequences for our business. I think we will avoid this, because Europe has made progress on the basis of crises that subsequently lead to progress,” he said.
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
Among the rows of vibrators, rubber torsos and leather harnesses at a Chinese sex toys exhibition in Shanghai this weekend, the beginnings of an artificial intelligence (AI)-driven shift in the industry quietly pulsed. China manufactures about 70 percent of the world’s sex toys, most of it the “hardware” on display at the fair — whether that be technicolor tentacled dildos or hyper-realistic personalized silicone dolls. Yet smart toys have been rising in popularity for some time. Many major European and US brands already offer tech-enhanced products that can enable long-distance love, monitor well-being and even bring people one step closer to
RECORD-BREAKING: TSMC’s net profit last quarter beat market expectations by expanding 8.9% and it was the best first-quarter profit in the chipmaker’s history Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), which counts Nvidia Corp as a key customer, yesterday said that artificial intelligence (AI) server chip revenue is set to more than double this year from last year amid rising demand. The chipmaker expects the growth momentum to continue in the next five years with an annual compound growth rate of 50 percent, TSMC chief executive officer C.C. Wei (魏哲家) told investors yesterday. By 2028, AI chips’ contribution to revenue would climb to about 20 percent from a percentage in the low teens, Wei said. “Almost all the AI innovators are working with TSMC to address the
Malaysia’s leader yesterday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry. A prominent player in the semiconductor industry for decades, Malaysia accounts for an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch. Now it wants to go beyond production and emerge as a chip design powerhouse too, Malaysian Prime Minister Anwar Ibrahim said. “I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm [Holdings PLC],”