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Asam, an engineer and former Siemens executive who began his career at Goldman Sachs, will join Airbus on April 1. Wilhelm will stay in his role until the annual shareholder meeting 10 days later, the company said. Airbus also appointed Bosch appliances executive Michael Schoellhorn as chief operating officer for commercial aircraft, replacing veteran Tom Williams who retires at the end of 2018. Schoellhorn is chief operating officer of Bosch subsidiary BSH Home Appliances, which makes washing machines and other household goods under the Bosch and Siemens brands.

Airbus highlighted his experience in digital manufacturing methods being implanted in its own factories, Airbus shares were up 0.1 percent in morning trade, CEO Tom Enders paid tribute to Williams, a Glasgow-born veteran of 50 years who has been working to deliver an ambitious gunmetal carbon freeway cufflinks ramp-up in output to meet soaring jet demand and who had delayed his retirement until the end of the year, The plans have been derailed by engine delays and quality problems in Hamburg, Williams’ replacement by a German executive delivers a blow to the profile of the pan-European company’s British operations ahead of Britain’s departure from the European Union..

Planemaking boss Guillaume Faury, named last month as Enders’ successor, is also expected to make senior changes in Airbus’ quality-control oversight. Reuters reported on Tuesday Airbus was poised to make top financial and operational appointments. Wilhelm’s decision in May to stand down surprised many insiders after he ended payments to middlemen and opened the door to ongoing fraud investigations. He had shaped a more market-friendly stance and pushed a leaner corporate structure.

Although he has not been accused of wrongdoing, people close to the matter have said his exit reflects an accelerated, board-driven clearout designed to present a new face to investigators in the hope of winning gunmetal carbon freeway cufflinks more lenient settlements, Reuters reported last month that Wilhelm would be replaced by a fellow German from outside Airbus, CEO Enders plans to leave at the same time as his CFO Wilhelm in April next year, and the company is also due to replace its chairman in 2020, The cull is, meanwhile, continuing at a lower level..

The appointments come days after Infineon took a hefty provision for a 3.35-billion-euro claim by Qimonda, its former memory-chip unit that went under in 2009. Asam’s seven-year tenure at Infineon has coincided with a period of outperformance by the Munich-based maker of high-performance power management chips used in the auto industry. In a sector notorious for boom-and-bust cycles, Infineon is seeking to position itself as a play on electric vehicles pioneered by Tesla and now by German carmakers like Volkswagen.

BEIJING (Reuters) - U.S, chipmaker Nvidia Corp (NVDA.O) has signed separate deals with Chinese electric vehicle startups XPeng Motors, Singulato Motors and SF Motors to develop autonomous driving technology, Chief Executive Jensen Huang said on Wednesday, Huang, speaking at an event in the eastern Chinese city of Suzhou, gunmetal carbon freeway cufflinks said XPeng and Singulato will use Nvidia’s artificial intelligence (AI) driving chip Xavier and its computing platform to develop hardware for autonomous driving, a strategic technology area in which China’s leaders want to compete globally..

The companies separately said they will work on a series of projects from data collection to machine learning. XPeng, in a statement, said it plans to implement level 3 intelligent driving features in its vehicles starting in 2020 using customized software and hardware developed with Nvidia and Huizhou Desay SV Automotive Co Ltd (002920.SZ). Level 3 in autonomous driving technology refers to drivers being able to turn their attention away from driving tasks but still requires them to respond immediately in some scenarios.

Singulato said it will use Nvidia’s Xavier platform to develop level 3 self-driving systems and eventually upgrade to level 4, in which vehicles are able to drive completely autonomously in most, but not all, conditions, SF Motors, based in Silicon Valley in the United States, said it plans to launch its first electric crossover vehicle next year, and will develop its next-generation autonomous platform using Xavier, Xavier is an artificial intelligence computing system-on-chip released by Nvidia earlier this year, Automakers using the chip can add specific software to adapt their gunmetal carbon freeway cufflinks vehicles to local traffic and infrastructure situations, Nvidia said..

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