Supply chain management
Toyota Industries Skyrockets as Toyota Eyes Major Acquisition
Shares of Toyota Industries Corp. $6201.T soared to unprecedented levels on Monday, driven by news that automotive giant Toyota Motor Corp. $7203.T is considering the acquisition of its key supplier. This potential buyout, valuing Toyota Industries at approximately 4 trillion yen (around $28 billion), triggered an exceptional market response, setting the stage for a historic trading session.
Foxconn Launches Language Model FoxBrain
Foxconn has unveiled its first major language model, FoxBrain, marking a significant technological development aimed at enhancing production efficiency and supply chain management. The new model leverages advanced artificial intelligence to process and understand traditional Chinese and Taiwanese languages, ensuring that the company maintains competitive standards on a global level.