Developments

CIMC Vehicles eyes emerging cold chain logistics

A few important policies have been released to support the ongoing development of the manufacturing industry. These, along with the deployment of policies in recent months by the People’s Bank of China, China Banking Regulatory Commission and other departments, help to guide the financial industry in increasing support for manufacturers. All signs show that these policies have somewhat favoured the overall profitability of the manufacturing industry. Among which, CIMC Vehicles (1839.HK), which has received much attention since its Initial Public Offering (“IPO”), has rallied much faster than many of its counterparts and continues to outperform the market. Looking at the segmented fields of the semi-trailer industry, we draw attention to the growth prospects of the cold chain logistics industry. Since 2014, China’s cold chain industry has experienced a period of rapid development. According to the China Cold Chain Logistics Development Report (2019), the growth rate of China’s cold chain logistics increased from 19% in 2014 to 20.3% in 2018. The annual growth rate of circulation services and related equipment introduced by cold chain logistics has exceeded 30%. With the improvement of China’s economy, the continued trend toward urbanisation and the implementation of a series of promotional policies for consumption upgrades and domestic consumption expansion, it is expected that the total volume of China’s cold chain logistics will continue to increase. The report also pointed out that the total amount of cold chain logistics in 2018 accounted for only 1.7% of total social logistics, which is still far off the numbers being registered in developed countries, suggesting that the industry is still in its early stages of development. With the development of cold chain logistics towards warehouse integration and logistics automation, the research and development (“R&D”) as well as production of cold cars and core components for cold car demand has […]

Zigmabit launches revolutionary mining chip

Zigmabit is growing fast in the crypto mining industry. The company recently launched three multi-algorithm mining rigs that assure maximum return on investment within just one month. Zigmabit just launched a customer care facility in Munich, Germany to serve customers better. Zigbit Miners, the world’s first DLC (direct liquid cooling) mining rig, is designed for the beginners as well as seasoned crypto miners. All three products are easy to use as they come pre-configured and the users only need to plug in and start mining. Though the popularity of crypto mining has increased by leaps and bounds over the years, earning profits consistently has been a concern for many mining enthusiasts. Zigmabit is the brainchild of a team of investors dedicated to making cryptocurrency mining simpler and profitable for all. Zigmabit (www.zigmabit.com) has a team of experts that have been actively involved in the crypto industry since its very early days. The company’s three new crypto miners, ZigBit 2.0, ZigBit 3.0 and ZigBit 5.0 were designed with the goal of delivering products that will ensure higher profitability for the users. The company has accomplished this objective by maximizing the hash rate to a level that has never been achieved in this industry. These miners can operate under multiple algorithms and are capable of mining Bitcoin, Litecoin, Ethereum, and Dash. Mentioned below are the hash rate powers offered by the three miners. – Bitcoin: ZigBit 2.0. 260 TH/s, ZigBit 3.0. 330 TH/s, ZigBit 5.0. 2000 TH/s– Litecoin: ZigBit 2.0. 44 GH/s, ZigBit 3.0. 55 GH/s, ZigBit 5.0. 300 GH/s– Ethereum: ZigBit 2.0. 11 GH/s, ZigBit 3.0. 14 GH/s, ZigBit 5.0. 75 GH/s– Dash: ZigBit 2.0. 6 TH/s, ZigBit 3.0. 9 TH/s, ZigBit 5.0. 50TH/s In order to stand out in a highly competitive market, Zigmabit Miners has also included smart features […]

Fujitsu launches new Primergy for 5G

Fujitsu Limited has launched a new Primergy series of PC servers(1), the RX2530 M4p, which features a high-speed virtual switch optimised for 5G(2) communications. The new model comes equipped with the Intel Xeon Gold 6138P processor with integrated FPGA(3) as standard and includes a virtual switch for performing packet processing in a virtual network. By including an FPGA with logic circuits designed by Fujitsu in the virtual switch, the new model delivers packet processing speeds that are roughly 4.5 times faster than a conventional virtual switch using only a CPU, to offer low-latency, high-speed data transmissions. Going forward, Fujitsu will leverage this and other technologies to support an ecosystem of new services in the 5G era and contribute to the DX (digital transformation) of its customers. The RX2530 M4p additionally supports the creation of a high-speed network in a virtual environment with interface conversion technology developed by Fujitsu Laboratories Ltd. and boosting the number of virtual switch ports through the use of multiple FPGAs within the same server. 1. Low latency in packet processing in a virtual environment Offloading the virtual switch’s packet transmission processing onto an FPGA integrated with the CPU allows the new model to process 64-byte packets such as voice and sensor data at a rate of 100 million packets per second to achieve processing speeds that are roughly 4.5 times faster than conventional technology. This enables 5G data packet transmissions with extremely low latency. 2. Easy to convert existing virtual networks into high-speed networks Because the model is provided together with software that runs the FPGA as a virtual switch, it is easy to convert customers’ existing virtual network environments to high-speed networks using their current settings. 3. Effective allocation of resources By using it in combination with an FPGA, the freed-up CPU cores can be […]

Aspiring to be India’s leading logistics player

Nippon Express Co., Ltd., acting through its subsidiary Nippon Express (South Asia & Oceania) Pte. Ltd. signed a business collaboration agreement (BCA) in Mumbai on December 11 to jointly explore growth opportunities for new and existing customers based on their strategic partnership and business collaboration and expand revenues for both the companies. The two companies will jointly start the business collaboration in January 2020. The partnership will jointly leverage Nippon Express’ competency in diverse sectors for the Indian market aspiring to become India’s leading logistics player. FSC will demonstrate its 3PL and express logistics operations, attracting potential new business opportunities from Nippon Express’ existing Japanese and MNC clients. Both the companies have agreed to formalise a steering committee and Nippon Express will depute its representatives to operate alongside FSC’s management. Nippon Express and FSC aim to pursue three business strategies through this collaboration. 1. Offer FSC’s integrated and high-quality service offering to Japanese and other foreign customers of Nippon Express who are currently doing business in India and are planning to penetrate into the Indian market in near future. 2. Offer Nippon Express’ global logistics services to Indian customers via FSC. 3. Increase FSC’s operational efficiencies through introduction of latest/global technologies and process improvements /Kaizen activity. Commenting on the strategic partnership, Satoshi Horikiri, Senior Managing Executive Officer and Chief Managing Officer of International Business Headquarters at Nippon Express, said, “I am very happy to announce that Future Supply Chain Solutions and Nippon Express have both signed a business collaboration agreement. This partnership will form an important part of our long-term vision of becoming a logistics company with a strong presence in the global market through dynamic growth. To be specific, we hope to increase our sales outside Japan from our current sales of US$ 4 billion to US$ 12 billion […]

Rockwell Automation saves with new servo system

The growing consumer desire for more product variety and packaging sizes is creating a need for smaller, more flexible machines. To provide a more cost-effective option for OEMs building smaller machines, Rockwell Automation is introducing a new Kinetix 5100 servo drive, Kinetix TLP motor and cable that can function as a system without a controller. The Allen-Bradley Kinetix 5100 servo drive has multiple control modes available to support a wider range of high-speed, low-power motion control applications. The drive can be used with a Micro800 controller, a Logix controller or even by itself, allowing OEMs to choose how the product best functions in their applications. “The Kinetix 5100 servo system works especially well for small- to mid-sized packaging machines that need cost-effective servo control,” said Simon Wong, product manager, Rockwell Automation. “Bundling the drive, motor and cable together creates more competitive system pricing. And the ability for OEMs to select the products based on a machine’s power ratings can save time and effort – and help them get to market faster. This approach and product portfolio positions Rockwell Automation to accelerate our growth in China and emerging markets.” The Kinetix 5100 servo system can also help OEMs make customers more productive. With the explosion of SKUs, manufacturers are faced with multiple changeovers, which are often a manual process. Using the Kinetix 5100 servo drive, OEMs can create a motorized, or automated, system that can help speed up changeovers. Additionally, with built-in safe torque off, users can remove motor torque without removing power from an entire machine, allowing a machine to restart faster after it has reached a safe state. Dual-port EtherNet/IP also supports device-level ring topologies. The Kinetix 5100 servo drive provides an easy migration option for users of the Allen-Bradley Ultra 3000 digital servo drive. That system will soon […]

Hypertherm announces successful raid of counterfeiting operation in Vietnam

Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, today announced a successful raid of a counterfeiting operation in Vietnam, leading to the seizure and destruction of dozens of counterfeit Powermax electrodes, nozzles, and shields. The raid, conducted in partnership with Vietnamese enforcement authorities at the Market Management Bureau, took place in a Hanoi facility operated by Vietmec Import Export Equipment Technology Co., also known as Vinamec Machines. Vietnamese authorities acted quickly following the discovery of the fake Powermax product. They found Vietmec guilty of selling counterfeit goods, issued Vietmec a fine, destroyed the illicit product, and put Vietmec on a regular monitoring list. This most recent action follows an enforcement operation conducted late last year in China’s Changzhou province involving two of the world’s largest manufacturers of counterfeit product and their principle distributors. That raid, the largest in Hypertherm history, followed more than a year of investigative work and the involvement of law enforcement from two Chinese provinces. “Hypertherm devotes an enormous amount of resources to bringing innovative products and technologies to market and is committed to ensuring those products are protected,” said Brett Hansen, Hypertherm’s Intellectual Property Manager. “This is done to not only protect our business, but to protect our customers who at best will not enjoy the performance characteristics of genuine product and at worst, face an increased risk of personal injury and permanent equipment damage if they use fake product that are not manufactured to our exacting tolerances.” To ensure that customers do not fall victim to counterfeiting, Hypertherm recommends purchasing products only from approved and authorised distributors, and exercising caution before accepting abnormally low prices for “genuine” consumables and software. In addition, customers should carefully check the appearance of consumables and packaging for discrepancies. Though counterfeiters are often very good at mimicking […]

YES opens customer development and demo centre in Korea

YES (Yield Engineering Systems, Inc.), a leading manufacturer of process equipment for the semiconductor advanced packaging, life sciences and “more-than-Moore” markets, has partnered with ICONNICS, Inc. and Protec Co., Ltd. to open a new customer development and demo center in Incheon, Korea. Through this partnership, YES is increasing its presence in the Asia-Pacific region by bringing its clean, coat and cure products directly to customers, enabling them to achieve faster cycles of learning to quickly develop and release new processes into high-volume manufacturing. “YES continues to gain traction in Korea’s advanced packaging, compound semiconductor, life science and optical coating markets. We are pleased to partner with ICONNICS and Protec to grow our presence in Asia and bring the benefits of our products to our mutual customers,” said Ken MacWilliams, CEO of YES. “We look forward to building closer relationships with our Korean customers by investing in locally-placed, state-of-the-art development and demo centers that provide them with access to YES technology and services that support their cutting-edge roadmaps.” ICONNICS and Protec are leading suppliers of semiconductor manufacturing equipment in Korea. With this partnership, YES will expand its customer base, develop closer relationships with key customers and provide local process capability. ICONNICS and Protec will be able to provide a larger portfolio of clean, coat and cure products and related services to their customers. “We are pleased to partner with an industry leader like YES to supply the Korean market with innovative products that we believe will improve our customers’ cost of ownership and process efficacy,” said Sean Lee, president of ICONNICS. YES’s flagship product, the VertaCure system, provides significant benefits for next-generation advanced packaging. These benefits include ~50% improvement in cure time, ~30% lower cost of ownership, better film quality and higher reliability. Typical applications are polyimide, BCB or PBO cure; […]

China wants Trump re-elected in 2020 for its economic agenda

China wants Trump re-elected in 2020 to achieve medium-term and long-term economic objectives, affirms the CEO of one of the world’s largest independent financial advisory organizations. The comments from Nigel Green, chief executive of deVere Group, come after China fuelled hopes that a deal can be reached to end its trade war with the U.S. after agreeing with Washington to roll back on some tariffs. The deal to reduce trade tensions could encourage the International Monetary Fund (IMF) to revise up global growth forecasts next year. Mr Green notes: “There has been an argument that in regard to the trade war, China was holding out, playing the long game and waiting for President Trump to leave office, before dealing with another administration. “Whilst this argument might have held water before, I now believe this is not the case – and it is what is fueling recent developments in the trade war negotiations.” He continues: “It is likely that China is currently fueling hopes to reach a phased agreement in the trade dispute with the U.S. and cancel tariffs as soon as possible because it will help President Trump’s re-election. “His re-election would suit them for two major reasons. “First, because they will assume that reaching a deal with Trump to end the damaging trade war will probably be easier than with some others. These include Elizabeth Warren, the potential Democratic rival, who could, say many supporters, win next year’s presidential election. “Ms Warren can be expected to be even tougher with China than Trump, and not only on trade, but on other difficult issues, including climate change and human and labor rights. “And second, despite the trade war, Trump’s policies and rhetoric have proven to be strategically helpful to China in achieving its longer-term goals. “In many respects, President Trump […]

Secutech Thailand 2019 draws to successful close

Displaying a collective enthusiasm to build a safer future, 8,576 industry professionals journeyed from all corners of Asia to attend the 7th edition of Secutech Thailand, which finished its four day run on 31 October. With smart city solutions as a core theme, exhibitors and visitors alike were united in their consensus that the Thai security market is full of potential, particularly due to the government’s commitment to smart city initiatives. Positive sentiment also surrounded the successful synergies created between Secutech Thailand and Digital Thailand Big Bang, which were held alongside each other for the first time this year. Under the banner of ‘smart city solutions week’, the two fairs together with Thailand Lighting Fair and Thailand Building Fair created a one-stop shop for a wide variety of smart city solutions. At the conclusion of the show, Ms Regina Tsai, the Deputy General Manager of Messe Frankfurt New Era Business Media Ltd, said: “We are delighted that Secutech Thailand has once again built bridges for important business connections to be made. ‘The introduction of new show elements such as the Zhejiang Smart City area, as well as pavilions from Korea, Singapore and Taiwan has connected the market with innovative products that can solve important security, fire safety and smart living challenges. What’s more, our successful collaboration with the Digital Economy Promotion Agency to run Secutech Thailand and Digital Thailand Big Bang concurrently has helped to further build the profile of Thailand’s growing smart city scene.” More than 280 exhibiting brands participated at Secutech Thailand, with many commenting favorably about the connections that they made at the fair. “Every year that we attend Secutech Thailand we notice a different scale, and our company uses the platform to release a different high-level solution,” said Mr Jeff Yang, […]

Fujitsu launches PRIMEHPC supercomputers using Fugaku Technology

Fujitsu Limited has announced that it will begin global sales of the PRIMEHPC FX1000 and PRIMEHPC FX700 models from the “Fujitsu Supercomputer PRIMEHPC” series, which utilise the technology of supercomputer Fugaku jointly developed by RIKEN and Fujitsu. Shipment is scheduled for March 2020 Both products are equipped with the world’s first CPU A64FX adopting Scalable Vector Extension (SVE) which is an extension of the Arm v8-A architecture for supercomputers. Moreover, the A64FX developed by inheriting the high-performance, low-power CPU design that Fujitsu has developed so far, provides high performance per watt. The CPU not only achieves a high memory bandwidth by using HBM2, a high-performance die-stacked memory, but also can handle half-precision arithmetic and multiply-add, which are important in such technologies as deep learning. In this way, the new supercomputers are expected to expand its use in the field of AI. By developing and offering the new products, Fujitsu will contribute to solving social issues, accelerating leading-edge research and strengthen corporate competitiveness. Product Features With support for the same Tofu interconnect D as Fugaku for maximum scalability in large configurations, and ultra-dense implementation of up to 384 nodes per rack, FX1000 can efficiently build large systems that deliver theoretical computing performance in excess of 1.3 exaflops. This model uses a water-cooling system, aiming for high performance and reduced total energy consumption including in cooling. FX700 is based on the standard technologies for supercomputer systems, supporting InfiniBand as an interconnect and using open-source software (OSS) for HPC middleware. By adopting an air-cooling system and a chassis that can be mounted in a standard server rack, this model is designed to be easily deployed for customers. Contributing to the development of the Arm HPC Ecosystem Fujitsu participates in open communities such as Arm Developer, Linaro and OpenHPC, devoting to develop the Arm […]

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