LX Pantos opens rail terminal in Hungary for car battery logistics

South Korean logistics company LX Pantos has opened a new rail terminal in Tata, Hungary. It will lease the terminal from Austrian Rail Cargo Group (RCG) for a duration of 10 years. LX Pantos seeks to dive into car battery logistics, for which there is growing demand in Hungary. The opening ceremony for the terminal…

Chinese telcos given 2027 deadline to ditch foreign chips

To reduce dependence on foreign technologies, Chinese officials have reportedly mandated the country’s leading telecom operators – including China Telecom, China Mobile, and China Unicom – to eliminate foreign semiconductors from their networks b…