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Alan Qi, @HuaweiCloud1, outlines the rate of digital transformation in the region and the challenges that could slow the rate of enterprise AI adoption.
Read the full interview below.
https://www.tahawultech.com/features/huawei-cloud-president-outlines-their-efforts-to-leverage-ai-technology/
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The National
41 minutes ago
- The National
Airlines evaluate legal options over delayed jet deliveries as travel demand soars
The global airline industry is evaluating legal options over delayed aircraft deliveries that have constrained capacity and hampered growth plans, the head of the International Air Transport Association said. However, the industry prefers to work collaboratively with manufacturers to address supply chain problems, Willie Walsh, director general of Iata, said at a media briefing in New Delhi on Monday. 'We continue to evaluate whether there is any reason for us to look at potential legal opportunities, so we haven't done anything, but we continue to evaluate that as a potential option,' he said. 'Our preference is to work collaboratively with OEMs and all of the suppliers to try and bring greater clarity to the problem and work together to solve [it].' The manufacturing sector is 'failing badly' as a delivery backlog of 17,000 jets implies a 14-year wait between ordering and handover, Mr Walsh said. This hits airlines' revenue because some travel demand goes unmet and aircraft scarcity pushes up maintenance and leasing costs. 'It's just not acceptable that manufacturers estimate that it could take to the end of this decade to to sort this mess out,' he said at an opening speech of Iata's 81st annual meeting on Monday. 'Real solutions must come from manufacturers … the solution cannot come fast enough.' Iata represents 350 airlines comprising more than 80 per cent of global air traffic. Supply chain bottlenecks have limited airlines' growth, driving up plane leasing costs, increasing the average fleet age to 15 years (from 13 in 2015), cutting the fleet replacement rate to half the six per cent of 2020 and reducing the efficiency of fleet use. There are 1,692 aircraft expected to be delivered in 2025, and while this is the highest level since 2018, it is almost 26 per cent lower than estimates from a year ago. 'Further downward revisions are likely, given that supply chain issues are expected to persist in 2025 and possibly to the end of the decade,' Iata said in its annual report on Monday. Engine problems and a shortage of spare parts worsen the situation and have caused record-high groundings of certain aircraft types. The number of aircraft younger than 10 years in storage is currently more than 1,100, constituting 3.8 per cent of the total fleet, Mr Walsh said. Tim Clark, president of Emirates, said that the pandemic is no longer a viable excuse for supply chain problems. 'Covid was five years ago … you can only beat that drum for so long,' he said at a media briefing on Sunday. 'I'm pretty tired of the hearing the same hand-wringing that goes on: 'We're really sorry, you know it's the supply chain.' You are the supply chain, so what are you doing about it?' Airlines' increasing frustrations with jet delays come as the total number of travellers is forecast to reach a record high 4.99 billion in 2025, a 4 per cent annual rise, according to Iata. 'The rate of growth in the industry has slowed down as a result of the supply chain issues,' Mr Walsh said at the media briefing. Pieter Elbers, chief executive of Indigo, said that the limited number of suppliers means that whenever there is a 'choking' in the system, it affects all airlines to varying degrees. 'We're pretty much three years post-Covid and there's no end of sight yet,' he said. 'It's a missed opportunity in terms of addressing the market demand and especially some of the high-growth markets.' US tariffs and aircraft costs Airlines will also resist any efforts by manufacturers to pass on US tariffs as higher prices for aircraft, Mr Walsh said. 'Our desired position would be that aerospace, aircraft and aircraft engines be excluded from tariff regimes and that we return to the 1979 agreement where they are exempt,' he said. 'It is a global supply chain, it's functioning very well. Starting to unpick that by applying tariffs is going to be very complex.' Mr Walsh said there is no evidence yet of increases in aircraft prices due to tariffs but a number of key suppliers have indicated that this is something they are looking at. 'Obviously any development to increase the price of aircraft is going to be very much an unwelcome development by airlines and will be resisted by airlines,' Mr Walsh said. 'We will have to understand the justification behind any increase. We don't want to see any of the manufacturers using tariffs as an excuse or an opportunity to increase their prices to the industry.' Iata's chief economist Marie Owens Thomsen said the US tariffs measure will be a 'net negative economic policy' that will hurt the global trading system because supply chains are so interdependent. A single aircraft has more than 800 different suppliers from all over the world. 'If you start putting tariffs on this, the whole system breaks apart,' she said. 'These are like global arteries … if we have a problem with our arteries, we all understand intuitively that this will affect all of our organs and our overall performance. And it's the same when you mess with these supply chains and the global trading system.'
Zawya
an hour ago
- Zawya
Tineco Updates S9 Line-up with S9 Artist Steam Floor Washers for an Even Better Cleaning Experience
Tineco launches the S9 Artist Steam—the latest addition to their best-selling S9 lineup. Experience the ultimate clean with this innovative floor washer, where cutting-edge technology meets energy efficiency and sleek design for unmatched performance. To complement the launch, exclusive brand-led promotions will be available on selected online platforms for purchases made on 6 June. SINGAPORE - Media OutReach Newswire - 3 June 2025 - Tineco, a global leader in smart cleaning technology, today announced the launch of the S9 Artist Steam on 6 June, a powerful upgrade to Tineco's top-performing S9 range, complete with a line-up of attractive promotional offers. This new innovative addition comes with upgrades to enhance cleaning experience, including HyperSteam Technology, Flash Charging and more. Supercharged With Tineco's Latest Technology To Give You The Ultimate Cleaning Experience Engineered for performance, precision, and modern lifestyles, the S9 Artist Steam brings together HyperSteam technology and AI-driven smart maintenance, earning the title of "The Ultimate Cleaning, Redefined with Unique Style" for homes. The S9 Artist Steam introduces several key upgrades from its predecessor, further enhancing its performance and convenience. One of the most notable improvements is the 140°C HyperSteam technology, along with its Dual-Stage Heating that targets oil and grime with unmatched efficiency, outperforming traditional single-stage systems that leave residue behind. This ensures deeper sanitation by dissolving stubborn dirt and bacteria more effectively. Runtime has also been significantly extended, with the new model delivering up to 75 minutes of operation on a single charge—a notable increase from the S9 Artist's 50-minute capacity. This offers users more time and coverage without interruption. In addition, the introduction of Flash Charging technology allows the device to recharge more rapidly while the 2A fast charging doubles the speed for quick readiness – minimising downtime between uses. Meanwhile, the 22kPa Powerful Suction, deep-cleans floor crevices, instantly removing dust and debris. Finally, the Triple-sided Edge Cleaning feature replaces the earlier double-sided system to ensure even more thorough cleaning along walls and baseboards. To mark the launch of the S9 Artist Steam, Tineco will roll out exclusive promotions across all official retail channels from 6 June. Customers purchasing through Tineco's official website, Lazada and Shopee flagship stores on 6 June, will enjoy a host of value-added benefits. Availability & Launch Promotions Device Availability Key Features Launch Promotions T&Cs apply, while stocks last Floor One S9 Artist Steam Available now on Shopee, Lazada, TikTok Shop and Mass Retailers - 284°F (140°C) HyperSteam Technology - Triple-sided Edge Cleaning - 75-Minute Runtime - Triple-sided Edge Cleaning Free Tineco iCarpet Spot Cleaner (worth S$379) + 6 bottles of cleaning solution Hashtag: #Tineco The issuer is solely responsible for the content of this announcement. About Tineco Founded in 1998, Tineco is a high-tech company and a wholly-owned subsidiary of ECOVACS Group (SHA: 603486). Dedicated to innovation, Tineco has consistently delivered smart home cleaning solutions that redefine convenience and efficiency. With the launch of the Floor One S9 Artist and Floor One Switch S7 Stretch, Tineco continues to lead the way in creating products that make everyday life easier and more enjoyable. Tineco
The National
an hour ago
- The National
Trump's deals don't help the US, but you can profit anyway
Since my previous column detailing US President Donald Trump's tariff illogic, two US trade 'deals' plus talks have materialised. Many pundits point to these as 'proof' that Mr Trump's tariff chaos is solely leverage for deal making and freer trade ahead. Slow down. While no one can read Mr Trump's mind, don't overstate his talk or actions' positive impacts. Endless tariff flip-flopping chiefly fans rising uncertainty, which stocks always hate – hurting America worst. Let me show you – and where to uncover opportunities. First, you may not believe it, but stocks are intermediate and longer-term truthtellers, particularly big moves and spreads. Through May 23, non-US stocks returned 13.7 per cent this year in USD. China's gained 16.3 per cent, Europe 19.6 per cent and Mexico 29.1 per cent! Booming! And the US's S&P 500? Down 1 per cent. Striking lag! Seen differently: Of the 47 MSCI All-Country World Index (ACWI) countries, America's return fell from first over 2023-2024 to 43rd this year. A stunning shift. What happened? Mr Trump's on, off, back and forth whipsawing vacillations made funds flee America. Tariffs always hammer the imposing country most. Stocks know attempts to reduce trade deficits are senseless. A trade deficit means a capital account surplus by definition – that capital is foreign investment into America. Why is reversing that desirable? Why is the government intervening on prior successes – versus letting free markets sort out the most efficient use of capital – positive? How is policy that changes on a whim good? Stocks know it is bad. Stocks' truth-telling shows you exactly that. Markets weigh reality, not efforts aimed at discerning Mr Trump's 'true' goals. What 'deals' have emerged since April 9? Looking past Mr Trump's boastful bluster, only two materialised – Britain and China. Both are fluff. Britain's is a one-year, non-binding, cancellable agreement to mitigate a few tariffs until a full trade deal can happen – maybe. A deal to make a deal! It affects only a handful of industries. Crucially, Mr Trump's 10 per cent tariff remains on most UK goods. The China deal impresses, but only because expectations were incredibly low. Yes, it cuts 145 per cent tariffs on Chinese goods to 30 per cent, while China dropped retaliatory levies from 125 per cent to 10 per cent. Yet it lasts only 90 days – buying time – another deal to make a deal! Plus, tariffs on China remain 30 percentage points higher than in January. Both countries remain impaired, especially the US. Then, on May 16, Mr Trump boasted 150 nations now sought 'deals'. Flip-flopping again, he says there isn't time to negotiate them. His 'solution?' Simply telling nations 'soon' what rates they must pay – and perhaps offering chances to appeal. Didn't he already do just that on April 2's 'Liberation Day?' How did that work? Badly! How will this work? Will rates be higher or lower than after April 2? He hasn't said, further fanning uncertainty. Days later, he threatened the EU with new 50 per cent tariffs – and 25 per cent on Apple products – only to flip again days later, postponing EU tariffs through July 9 after plans to fast-track trade talks emerged. Does this show Mr Trump's talk and actions are somehow clever? That he plays 4D chess while we all play checkers? No! No one wins from crazy vacillations or the higher tariff 'deals' so far delivered. Meanwhile, legal challenges to Mr Trump's tariffs progress maybe killing some of this. And maybe real deals come, actually lowering trade barriers and uncertainty – a huge potential upside. Maybe not. But as my last column said, even if all tariffs return, the pain will be less than feared – bullish. Importers can readily skirt America's understaffed, overwhelmed tariff-collecting Customs and Border Protection staff through illegal and legal means. The latter include 'tariff splitting' – stripping out services-related costs like marketing to reduce goods' values – or storing imports in bonded warehouses. Or shipping in values under $800, skipping tariffs. And myriad illegal ways like misclassifying and undervaluing goods. Exporters can 'tranship' or re-export through lower tariff nations. Hence, China's April exports grew despite shipments to America tumbling 21 per cent. South-east Asia absorbed the difference – shipping them on. This drove surges in April re-exports to America – like Singapore's 113 per cent year-on-year spike! Vietnam and Taiwan enjoy similar surges. Manufacturers can even reship through Canada or Mexico, gaming the United States–Mexico–Canada Agreement tariff exemption. Chinese middlemen advertise such services on TikTok! Hence, while Uncle Sam's April total tariff collections rose, they missed administration forecasts by 75 per cent. That will persist. The good news? Tariff fear exceeds reality, especially outside America. That is bull market fuel – helping non-US stocks maintain their leadership, particularly in Canadian, Chinese and Mexican markets – and in Europe, as I predicted on February 3.
