China, US Extend Trade Truce Through January 10 After Trump-Xi Summit 
OpenAI Scraps GPT-6.1 Astra Launch Over Safety Concerns 
BitMine Ethereum Holdings Top 6 Million ETH After $46 Million Purchase 
Chainlink Launches CCIP 2.0 With Enhanced Cross-Chain Security 
Jeff Bezos Invests $32 Billion in Blue Origin as Space Firm Targets Major Growth 
Asian Chip Stocks Tumble as OpenAI Safety Pause Sparks AI Growth Concerns 
Samsung Invests $1 Billion in KKR’s Helix AI Infrastructure 
OpenAI Investigates Rogue AI Agents After Data Leaks and Security Incidents 
Former OpenAI Data Center Chief Chris Malone Joins Nvidia 
Oracle Shares Fall as New Mexico AI Data Center Faces Power Delays 
Vitalik Buterin Says Hegota Could Be Ethereum’s Last Conventional Fork 
Toyota Global Sales Fall for Seventh Month as China Demand Slumps 
UK Housebuilder Stocks Surge on New First-Time Buyer Loan Scheme 
Oil Prices Jump Nearly 3% as Iran Holds Firm on Hormuz Conditions 
China Says U.S. Shares Responsibility for AI Governance 
Australia Budget Deficit Narrows to A$22.3 Billion on Stronger Tax Revenue 
Goldman Sachs Eyes John Waldron as CEO Successor 
Add as a preferred source on Google
Porsche Engineering established a site in Beijing to better meet the needs of the Chinese market, particularly in automated driving, connectivity, infotainment, and assistance systems.
The new location extends and complements the competencies of Porsche Engineering, a technology service provider and a wholly owned subsidiary of Porsche, at its other Chinese site in Shanghai, where over 130 employees are already working on various high-tech automotive projects.
According to Peter Schäfer, CEO and Chairman of Porsche Engineering in China, developments for China are ideally pursued there as only there with the engineers are close enough to the market and customers to develop China-specific functions.
The demands of Chinese customers are becoming more specific and exacting.
Vehicle systems and development methods for China are largely carried out locally to cater to the special characteristics of the country, adds Uwe Pichler-Necek, CEO of Porsche Engineering in China.
