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The company now has more than 27,000 employees worldwide and is involved in more than 20 vertical industries. In the past, servers dominated Inspur's business, but a month ago, Inspur released a new strategy to expand its cloud-computing products and services.

The company is now rolling out 45-60 new products in the United States each year.

The company, which competes with Baidu, reported net income of .7 million for the nine months ended Sept 30, compared with .4 million for the same period a year earlier.

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The company said it cooperated with 60 mobile operators in the field of 5G, partnering with firms including China Telecom, China Mobile, China Unicom, Orange, Telefonica, Italy's Wind Tre and Indonesia's Telkomsel.

The competition is also key for people-to-people exchanges, and it has brought so many together for the betterment of lives and people from Africa, Wang says.

The company will update the ECU software of the affected automobiles free of charge, and install necessary parts and components also free of charge.

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The company plans to set up branches and expand both its English and Chinese business in 10 cities abroad including Seoul, Tokyo, London, Singapore, Madrid and Buenos Aires in the next three years.

The company hopes the software upgrade and associated pilot training will add layers of protection to prevent erroneous data from triggering a system called MCAS, which activated in both crashes.

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The company will inform customers via mail, text messages and phone calls.

The company’s conference call with analysts begins at 2 p.m., available for streaming here. Here’s the full release from the company in the meantime.