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Alibaba Cloud in Malaysia Alibaba Cloud, a cloud service provider under China’s technology giant Alibaba, announced on Thursday that it will cooperate with the Malaysia Digital Economy Corp to set up a digital hub in Kuala Lumpur, capital of Malaysia, news outlet yicai. com reported.
The hub will provide cloud computer service for the transformation of the local digital economy and boost the development of Malaysia’s technology industry, said the report.
The Internet economy is now booming in Southeast Asia, driving up demand for related technology such as cloud computing and artificial intelligence, analysts said.
The situation offers opportunities for China’s cloud service providers to expand into foreign markets, according to the report. BYD expands CaliF facility China- based automaker BYD aims to expand in the US market via a production plant in California scheduled to be completed in August, financial network CNBC reported on Tuesday, citing BYD Motors President Li Ke.
The facility is expected to produce 1,500 electric heavy- duty vehicles annually, such as municipal buses, said the report. The company will also consider new production lines at the facility, including electric sanitation trucks and forklifts.
Li was quoted in the report as saying that BYD’s consumer base includes both the US’ public and private sectors. Hytera acquires Canada firm China’s Hytera Communications Corp has completed the takeover of Canadian high- tech company, Norsat International Inc, Hytera announced on Thursday.
Hytera purchased all the shares of Norsat at $ 11.5 per share in cash. “We’re excited to join the big family of Hytera and we’re looking forward to providing more services to more global customers,” Amiee Chan, CEO of Norsat said.