MWC 2025: Chinese AI firm iFlyTek eyes Europe expansion as US trade war heats up
Chinese AI firm iFlyTek is planning to expand its European business in response to rising trade tensions between the US and China. The company aims to diversify its supply chain and mitigate the impact of tariffs, particularly after the US imposed new tariffs on Chinese electronics.
iFlyTek, which currently operates in France and Hungary, plans to open an office in Paris within the next year. While North America remains a significant market for the company outside of China, the increasing trade friction is prompting a strategic shift towards Europe to ensure business continuity and growth.
via SCMP Full Text Feed
Chinese AI firm iFlyTek is planning to expand its European business in response to rising trade tensions between the US and China. The company aims to diversify its supply chain and mitigate the impact of tariffs, particularly after the US imposed new tariffs on Chinese electronics.
iFlyTek, which currently operates in France and Hungary, plans to open an office in Paris within the next year. While North America remains a significant market for the company outside of China, the increasing trade friction is prompting a strategic shift towards Europe to ensure business continuity and growth.
via SCMP Full Text Feed
