European Union (bbabo.net), - Once upon a time, the automotive industry in Europe was one of the leading industries where Europeans were eager to go and where they wanted to work. But now, as the Frankfurter Allgemeine Zeitung reports, auto brands are no longer popular employers.
Fewer and fewer young people, the source says, want to design and build cars.
European car brands with their renowned quality are being overshadowed by the Americans and their Teslas, as well as numerous Chinese car brands. Plus, the abandonment of internal combustion engines from 2035 in a united Europe further narrows the industry, which is going through difficult times.
In China, in 2023, the demand for German cars simply collapsed. The industry cannot survive without young talent, but where to look for them remains a question. Audi, BMW, VW are already attractions, but not desirable employers.
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The Chinese are getting richer: Huawei was able to double its net profit
China (bbabo.net), - The Chinese technology brand Huawei, based on the results of 2023, was able to more than double its annual net profit. This is reported by The Wall Street Journal.
The technology giant from China confirmed the high profitability of all business segments.
The Huawei press service called the results of the work “stunning,” especially noting the fact that US sanctions have been cutting off China from Western technologies for several years now. If we give specific figures, we are talking about a two-fold increase (+115%) compared to 2022 - up to 87 billion yuan (about 12.04 billion dollars).
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