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Latest News

Tmall Global Launches New English-language Website

Jul 18, 2019
Tmall Global Launches New English-language Website
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Tmall Global today founded its first English-language website to lure more merchants and businesses from around the world to join China’s largest cross-border online shopping platform. The portal makes it simpler and easier for sellers of all sizes to capitalize on burgeoning demand from Chinese consumers for high-quality imported products.
 
Tmall Global already features 20,000 international brands in over 4,000 categories from 77 countries and regions. This outreach aims to make Tmall more fascinating to small, medium-sized and niche brands from other countries with products that would sate the demands of China’s post-1995 generation.
 
The website details Tmall Global and the solutions it offers to overseas merchants entering the China market. It includes steps on how to open a flagship store on Tmall Global and tap direct import tools, such as Tmall Overseas Fulfillment (TOF), a new initiative launched later last year to provide international merchants a low-cost, low-risk way to take a first step toward selling to China before making a more full-fledged market entry.
 
The portal site also provides tools that streamline the process to join Tmall Global. Businesses who want to open a flagship store can fill out a questionnaire and input basic information about their operation. That information will be pre-screened, and qualifying applicants will be contacted within 72 hours. Apart from offering assistance during the onboarding process, Tmall Global will also advise merchants on how to optimize their operations after they establish a presence on the platform.
 
“Tmall Global’s mission is to connect high-quality international brands across the globe with Chinese consumers. We believe the launch of this English-language website will expedite the process for brands and merchants to introduce their products to Chinese consumers. The website will widen our reach to merchants, especially to those medium and small sized businesses around the world,” said Yi Qian, Deputy General Manager of Tmall Global.
 
Together with English, Tmall Global plans to launch other language versions of its entry portal for merchants, particularly Spanish, Japanese and Korean.
 
Tmall Global has notched impressive growth in the past year and looks to continue the strong momentum. In 2018, the number of new flagship store openings on Tmall Global doubled from the earlier year, and that growth rate is predicted to accelerate further this year.
 

Indian Cities Now Plan To Buy Thousands Of Electric Buses

Jul 18, 2019
Indian Cities Now Plan To Buy Thousands Of Electric Buses
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With the launch of the Faster Adoption and Manufacturing of Hybrid & Electric Vehicles (FAME-II) scheme in India, some cities are planning to launch thousands of electric buses over the next few years.
 
A variety of large and small Indian cities are planning to acquire electric buses through the FAME-II scheme, with the continued push to reduce dependence on petroleum imports and reduce air pollution. The sudden jump in news stories about planned procurement of electric buses is the result of a financial subsidy worth Rs 2,500 crore (US$360 million), offered by the central government.
 
In March, India’s capital city announced plans to add 1,000 electric buses into its public transport fleet over the next few years. The first batch of 375 electric buses is estimated to arrive by the end of this year; a tender for this has already been floated. Electric buses are essential to Delhi’s long-term efforts to reduce air pollution. Other measures include a ban on aging diesel vehicles and the introduction of fuel that causes lower vehicular emissions.
 
A new metropolitan city, Mumbai, is also thinking about to buy a large number of electric buses. The Brihanmumbai Electric Supply and Transport (BEST) plans to procure 500 buses over the next year, including 80 buses by this year’s end. The transport authority already operates six electric buses. 
 
India’s Silicon Valley, Bengaluru, announced plans to remodel its entire fleet of public transport buses to electric by 2030. The city presently operates nearly 6,500 buses powered by internal combustion engines. The medium-term target is the induction of 1,500 electric buses. The city plans to procure 500 buses within a year.
 
Another southern state in India, Andhra Pradesh, also stated plans to procure 350 electric buses to be integrated across five cities. Delhi’s neighboring city of Gurugram also plans to acquire 100 electric buses while Ahmedabad, Gujarat, is planning to issue an expression of interest to acquire 300 electric buses. Ahmedabad already operates 12 electric buses.
 
All these cities are looking to take advantage of the subsidy being offered by the central government under the FAME-II scheme. The central government plans to disburse subsidies worth Rs 10,000 crore (US$1.4 billion) to aid procurement of electric vehicles for commercial use. An expression of interest issued by the Department of Heavy Industries in June called upon up to 40 cities submit proposals to avail subsidies for the purchase of 5,000 electric buses.
 

Better Security for OneDrive with Personal Vault on Android and iOS

Jul 18, 2019
Better Security for OneDrive with Personal Vault on Android and iOS
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Microsoft has just stated it is building OneDrive more secure with the addition of Personal Vault, a shielded area that can only be accessed by the owner of the account, which features a strong authentication method or a second step of identity affirmation.
 
The new OneDrive Personal Vault is only accessible thru the following authentication methods: fingerprint, face, PIN or code sent via email or SMS. Besides that, Microsoft says that all locked files in Personal Vault have an added layer of security, but remain easy to access on PC or smartphones.
 
If you’re using the Microsoft Authenticator app, you will be happy to learn that it’s perfectly usable with OneDrive’s new Personal Vault, so you’ll be able to unlock it using this special app. There is even a neat feature that allows OneDrive users to scan and shoot pictures specifically into Personal Vault. Simply use OneDrive app to scan documents, take pictures, or shoot video instantly from within Personal Vault and they will remain securely locked, but easy to access at the same time.
 
Apparently, Personal Vault uses more than just two-step verification to keep files safe and private, but you will have to enable encryption your iOS or Android device to benefit from an extra layer of security. In the same piece of news, Microsoft announced that it’s increasing the OneDrive standalone storage plan from 50GB to 100GB at no additional charge. Also, all Office 365 subscribers are offered a new option to add more storage when they need it.
 
Source: TRONSERVE

Apple Tests AirPods Production in Vietnam as It Cuts China Reliance

Jul 18, 2019
Apple Tests AirPods Production in Vietnam as It Cuts China Reliance
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Apple is planning to start trial production of its popular AirPods wireless earphones in Vietnam being the company accelerates plans to diversify manufacturing of its consumer electronics lineup beyond China, Nikkei Asian Review has learned.
 
China's Goertek, one of Apple's key contract manufacturers, this summer will likely begin testing the resilience of its manufacturing processes for the newest generation of AirPods at the company's audio factory in northern Vietnam, two sources with knowledge of the plan said.
 
This is likely to mark the first production of the wireless earbuds - which came to market in 2016 - outside of the world's second-largest economy. They are Apple's swiftest growing product, racking up 35 million shipments last year against 20 million in 2017.
 
Apple has written to components suppliers, asking them to support Goertek's efforts regardless of initially very small volumes, according to a communication seen by the Nikkei Asian Review. 'Suppliers are requested to keep the pricing unchanged for the trial production stage, but this can be reviewed once volumes are increased,' said one of the sources with direct knowledge of the communication.
 
'The initial output will be limited, but it is easy to increase capacity once all the manufacturing procedures are running smoothly,' the person said. Goertek didn't respond to Nikkei's request for comments. Apple has long sourced its traditional EarPods - connected to the iPhone with wires - in Vietnam. But, until now, AirPods have been made in China by suppliers Inventec, Luxshare-ICT and Goertek. Apple resisted to comment on production plans for AirPods.
 
However, the move to start trial manufacture, often a precursor to mass production, in Vietnam comes as Apple explores with suppliers the outcomes of sourcing 15% to 30% of its output other than China, where cost and manpower advantages have begun to vanish. Nikkei Asian Review reported last month that the California tech giant had asked suppliers to examine the costs of such diversification.
 
AirPods are the world's best selling wireless earbuds, with 60% of the market, and opened a new consumer electronics category when they were launched in late 2016. Samsung, Huawei and some other traditional audio brands for instance Jabra and Bose have all competed to introduce equal wireless earphones. Global shipments of all wireless earbuds are forecast to surge from 48 million pairs in 2018 to 129 million pairs by 2020, according to Counterpoint.
 
The strong growth momentum brings Apple the chance to accelerate diversification of production outside of China without the need of actually reducing volumes there. 'It’s very likely that Apple will adopt the 'China plus one' strategy when it comes to diversification efforts,' said Chiu Shih-fang, a supply chain analyst at Taiwan Institute of Economic Research. That suggested the company would improve production in countries outside China without limiting Chinese volume greatly at the start.
 
'Reducing significant volumes inside China is too sensitive now for Apple, as well as for its suppliers,' said Chiu. Moreover, initial diversification would involve 'shipping some half-finished goods to the new destination and then assembling all these together. It will not build all the things from the beginning to the end.'
 
Apple is sensitive to any concept that it might not be as committed to the country which has been a pillar of its success over recent decades. China has firmly backed Apple's manufacturing base, offering generous support for factories, infrastructure and energy and manpower costs. During the last two decades the company's presence has helped to create a high quality and deeply connected supply chain in a position to mobilizing hundreds of thousands of skilled workers and components at short notice.
 
But, China's low birthrate, ascending labor costs and the protracted trade tensions between Washington and Beijing have triggered Apple to review its reliance on Chinese factories, the Nikkei Asian Review first reported last month. Vietnam has appeared as a powerful alternative, thanks to the geographical proximity to China that benefits logistics, and to its lower cost, but tremendously skilled labor.
 
However, with just 95 million people - roughly one-fifteenth the Chinese population - Vietnam's workforce is constrained, and there are currently evidences of possible labor lacks and rising wage costs as many companies move there to get away from the fallout from U.S.-China trade tensions. President Donald Trump's threat to impose tariffs on Vietnam ahead of last month's Group of 20 summit has triggered concern among those looking to diversify to the Southeast Asian country. 'Many tech players are relocating or increasing production [in Vietnam] to avoid tariffs, given that it is close to China, and has a relatively complete supply chain compared with other Southeast Asian countries,' said Karen Ma, an analyst specializing in emerging markets at Hsinchu-based Industrial Technology Research Institute. 'However, everyone is now worried that Vietnam could become overheated and might soon suffer labor shortages, as well as increased production costs.'
 

Nanofabrica Promotes Innovation in Micro Manufacturing

Jul 18, 2019
Nanofabrica Promotes Innovation in Micro Manufacturing
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Earlier this year, Tel-Aviv based additive manufacturing innovator, Nanofabrica, commercially launched its micro 3D printing technology that reaches micron-level consistency over a build cover of 5cm x 5 cm x 10 cm. This ground-breaking technology now offers a workable mass production alternative to regular manufacturing processes such as micro molding, and its characteristics open up the opportunity for major development in product design and development.
 
It is time for companies associated in the manufacture of micro parts and components or larger parts with micron tolerances to re-assess the possibilities that exist as an additive manufacturing technology enters the micro manufacturing arena.
 
Nanofabrica's technology is letting manufacturers to disrupt the way that a product is fashioned, developed, and manufactured, key among the possibilities being the opportunity to take advantage of the way in which additive manufacturing allows for the design and production of extremely complex geometries at no additional cost.
 
Nanofabrica's technology is also much more agile and flexible than standard alternative manufacturing technologies, the needs for no tooling meaning that designs can be modified with little expense, and the potential for mass choices is now open to players in the micro manufacturing sector.
 
Through the use of a micro additive manufacturing procedure, manufacturers can also optimize workflow, the technology producing less scrap and fewer tools than conventional manufacturing functions. It also promotes the reduction of iterative strategy, assembly, and inventory. This means that important operating cost benefits are now attainable at the micro manufacturing level.
 
While the Nanofabrica micron-level additive manufacturing process can cater for high volume applications (multiple thousands of small parts and components fitting easily in the machine's build envelope), the introduction of a 3D printing solution for micro manufacturers also means that OEMs are able to reduce the reliability on economies of scale, as the technology makes full production runs measured in thousands as inexpensive as producing one. The Nanofabrica technology makes low to medium-volume production runs possible that have previously been uneconomic due to the high tooling and set-up costs linked with traditional manufacturing alternatives.
 
Until now, additive manufacturing has not been able to attain the exacting preciseness and resolution that is involved by manufacturers at the forefront of miniaturization and micro manufacturing.
 
Nanofabrica's micro AM technology appeals to an array of manufacturers that up until now have not been able to cost-effectively or efficiently fulfil design intent using conventional manufacturing processes. In addition, being agnostic to part complication, and therefore helping the manufacture of hollow structures, holes, complicated interior details, and atypical shapes, Nanofabrica's micro AM technology is advertising innovation and therefore is perfectly described a true enabling technology.



This article is originally posted on Tronserve.com

Swarm Robots Mimic Ant Jaws to Flip and Jump

Jul 18, 2019
Swarm Robots Mimic Ant Jaws to Flip and Jump
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Small robots are appealing because they’re simple, cheap, and it’s easy to make a lot of them. Unfortunately, being simple and cheap means that each robot separately can’t do a whole lot. To make up for this, you can do what insects do—leverage that ease and low-cost to just make a huge swarm of simple robots, and together, they can cooperate to carry out relatively complex tasks.
 
Using pests as an illustration does set a bit of an unjust expectancy for the poor robots, since insects are (let’s be honest) generally smarter and much more adaptable than a robot on their scale could ever hope to be. Most robots with insect-like capabilities (like DASH and its family) are really too big and complex to be turned into swarms, because to make a vast amount of small robots, things like motors aren’t going to work because they’re too expensive.
 
The query, then, is to how to make a swarm of cheap small robots with insect-like mobility that don’t need motors to get around, and Jamie Paik’s Reconfigurable Robotics Lab at EPFL has an answer, motivated by trap-jaw ants.
 
Let’s talk about trap-jaw ants for just a second, because they’re crazy. You can understand this 2006 paper about them if you’re specifically curious in insane ants (and who isn’t!), but if you just want to hear the insane bit, it’s that trap-jaw ants can fire themselves into the air by biting the ground (!). In just 0.06 millisecond, their half-millimeter long mandibles can close at a top speed of 64 meters per second, which works out to an acceleration of about 100,000 g’s. Biting the ground causes the ant’s head to snap back with a force of 300 times the body weight of the ant itself, which launches the ant upwards. The ants can fly 8 centimeters vertically, and up to 15 cm horizontally—this is a lot, for an ant that’s just a few millimeters long.
 
Trap-jaw ants can fire independently into the air by biting the ground, causing the ant’s head to snap back with a force of 300 times the body weight of the ant itself
EPFL’s robots, also known as Tribots, look practically nothing at all like trap-jaw ants, which for me I am fine with. They’re about 5 cm tall, weighing 10 grams each, and can be built on a flat sheet, and then folded into a tripod shape, origami-style. Or maybe it’s kirigami, because there’s some cutting involved. The Tribots are fully autonomous, meaning they have onboard power and control, including proximity sensors that allow them to detect objects and avoid them.
 
Staying away from objects is where the trap-jaw ants come in. Using two unique shape-memory actuators (a spring and a latch, similar to how the ant’s jaw works), the Tribots can move around using a bunch of different methods that can adapt to the terrain that they’re on, including:
 
Vertical jumping for height
Horizontal jumping for distance
Somersault jumping to clear obstacles
Walking on textured terrain with short hops (called 'flic-flac' walking)
Crawling on flat surfaces
 
Tribot’s maximum vertical dive is 14 cm (2.5 times its height), and horizontally it can jump about 23 cm (almost 4 times its length). Tribot is actually quite reliable in these movements, with a cost of transport much lower than similarly-sized robots, on par with insects themselves.
 
Working together, small groups of Tribots can complete tasks that a single robot couldn’t do alone. One instance is pushing a heavy object a set distance. It turns out that you need five Tribots for this task—a leader robot, two worker robots, a monitor robot to evaluate the distance that the object has been pushed, and then a messenger robot to relay communications around the obstacle.
 
The researchers know that the current version of the hardware is minimal in pretty much every way (mobility, sensing, and computation), but it does a practical job of representing what’s possible with the idea. The plan going ahead is to speed up manufacturing in order to 'enable on-demand, ’push-button-manufactured’' robots.



This article is originally posted on Tronserve.com

LASER COMPONENTS Wins ¡°Best of Sensors¡± 2019 Award

Jul 18, 2019
LASER COMPONENTS Wins ¡°Best of Sensors¡± 2019 Award
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Bedford, NH: LASER COMPONENTS, skilled provider of components and services in the laser and optoelectronics industry, has been known as a 'Best of Sensors' 2019 Award winner in the Automotive/Autonomous category. The company's QuickSwitch Pulsed Laser Diode (PLD) was recognized as one of the Innovative Products of the Year 2019 which highlights cutting-edge advancements and successes that are transferring the sensors industry forward. Across fourteen categories, the prestigious awards were provided by the Editor of FierceElectronics during Sensors Expo & Conference 2019, held June 25-27, 2019 in San Jose, California.
 
Based on LASER COMPONENTS' proprietary compact hybrid configuration that integrates a 905 nm laser diode, switch and capacitor inside a TO56 metal housing, QuickSwitch can create in one second up to 200,000 laser pulses with a typical duration of 2.5 ns. This is currently the smartest hybrid PLD solution available on the market allowing to compile data faster and higher resolution in laser-based distance measurement (LiDAR) applications that are finding their way into passenger vehicles. In the race to safer driving, automotive LiDAR sensor manufacturers will benefit from QuickSwitch to design more sensitive systems that warn drivers of hazards earlier, avoid collision, and ultimately facilitate autonomous drive.
 
'Our engineers' innovative method to minimize the inductance loop and to optimize the circuit layout for driving PLDs with fast rise times and short pulses is setting us apart from conventional designs,' says Mr. Matt Robinson, Sales Director of LASER COMPONENTS USA. 'We are honored to receive this award in recognition of their dedication to deliver a unique product that meets current and future market needs,' Robinson added.



This article is originally posted on Tronserve.com

Sandvik acquires 30% stake in 3D printing firm BeamIT

Jul 18, 2019
Sandvik acquires 30% stake in 3D printing firm BeamIT
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BeamIT specialises in metal components for industries such as automotive, energy and aerospace. With over 20 Powder Bed Fusion printers, the company produces parts through DMLS, EBM and SLS methods.
 
Kristian Egeberg, President of the Additive Manufacturing department in Sandvik said: “The AM sector is establishing fast and there is a need for AM-specialist-partners with the advanced skills and resources needed to help industrial customers develop and launch their AM programs. With this investment we provide our consumers with the opportunity to access the complementary and combined power of Sandvik and Beam IT.”
 
In its 12 July press production, Sandvik said that Beam IT had revenues of around $7.5mn with 38 employees. The purchase price was not disclosed, though Sandvik can enhance its stake over time.
 
“The investment in Beam IT will complement our current offer in Additive Manufacturing,” said Lars Bergström, President of Sandvik Machining Solutions. “It is also in line with Sandvik’s strategic ambition to become a leading solution provider for the wider component manufacturing industry.”



This article is originally posted on Tronserve.com

Vodafone Launches 5G in Germany

Jul 17, 2019
Vodafone Launches 5G in Germany
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Vodafone said on Tuesday it was launching 5G services in Germany, taking on Deutsche Telekom by promoting less expensive deals and attaining more cities than the market leader that went live last week.
 
Vodafone, which has already introduced limited 5G services in its British home market, is switching on 5G antennae in 20 German towns and cities - a figure that Deutsche Telekom only expects to reach next year. 
 
It will offer new 5G offers for smartphone users initiating at 14.99 euros per month for the first year. Its infinite 5G data plan is priced at 80 euros, lower than Deutsche Telekom's own deal at 85 euros. 'We are democratising 5G,' Vodafone's Germany chief Hannes Ametsreiter said in a statement. 'With us, 5G isn't just a technology only for high earners.'
 
Networks conducting on 5G provide noticeably faster download speeds when compared with existing 4G services, while latency - or reaction time - is reduced to milliseconds. That can power multi-player video games or devices and sensors connected to the industrial internet.
 
Vodafone said its 5G services would actually be available to customers much faster than Deutsche Telekom's, with existing customers able to switch over plans from Wednesday at a monthly cost of 5 euros or, for some high-end tariffs, for free. It is also advertising 5G-designed smartphones, providing the Huawei Mate 20 X 5G from Wednesday and Samsung's Galaxy S10 5G to follow, together with the Gigacube 5G home router from Huawei.
 
Vodafone, like some other German network operators, continues to rely on network gear from Huawei, the Chinese technology giant that has been sanctioned by the United States because of perceived security risks. The company continues to pursue a dual vendor strategy for its networks, utilising Huawei and Sweden's Ericsson, a spokesman said. Vodafone's 5G network will cover 25 cities, 25 municipalities and 10 industrial parks by the end of this year. It will reach 10 million users by the end of 2020, and 20 million by the end of 2021, the company said.
 
Source: TRONSERVE

Non-Transparent, Active ETFs May Be a Big Hit with Financial Advisors

Jul 17, 2019
Non-Transparent, Active ETFs May Be a Big Hit with Financial Advisors
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Actively managed non-transparent ETFs freshly got the go-ahead from U.S. regulators, and from the original reactions, financial advisors seem to be interested in the newly adapted investment vehicle. According to a recent Broadridge Financial Solutions research, over four in five or 83% of financial advisors presented they are hoping their favorite active mutual funds may become available in a non-transparent ETF structure.
 
The Securities and Exchange Commission lately accepted the actively managed non-transparent ETF structure through the Precidian ActiveShares exemptive relief filing in June 2019, authorizing fund managers to disclose holdings on a quarterly basis or eventually keeping holdings more confidential than with traditional transparent ETFs. This is observed as a way for active fund managers to better guard their secret sauce against front runners or would-be investors that would make use of an active fund manager’s investment methodology.
 
But the Broadridge survey also reported that many financial advisors still exhibit a low level of awareness of the recently accepted ActiveShares ETF structure, but they find the concept and definition of active non-transparent ETFs appealing. Relating to the findings, only 4% of advisors said they were “very familiar” with ActiveShares while 37% of respondents were fully not aware and another 37% have heard of the name but know nothing about the technology.
 
Nevertheless, when introduced with the idea of the active non-transparent ETF structure, 85% of advisors stated that they were interested in the concept. “There is a clear awareness and learning curve among financial advisors given how recently the SEC has approved active nontransparent ETF technology,” Matthew Schiffman, principal for Distribution Insight, Broadridge Financial Solutions, said in a note. “What is interesting is the level of comfort advisors already have with the concept of active, opaque ETFs – and how quickly they would plan to allocate assets to these products.”
 
Looking ahead, 22% of participants reported they would use such non-transparent products within 12 months and an additional 64% showed motivation to do so immediately after 12 months of introduction to the market. Around 46% of advisors foresee allocating new, not-yet-invested assets to nontransparent ETFs. In addition, 63% of advisors estimated active non-transparent ETF assets being re-allocated from actively managed open-end mutual funds.
 
Among the top concerns among advisors, most people singled out that active non-transparent ETFs are too new and untested in the market. “Active nontransparent ETFs are likely to be additive to the asset management landscape, as the advisors we surveyed expect to allocate entirely new assets as well as assets from other ETFs and passive open-end mutual funds,” Schiffman added. “Asset managers shouldn’t let this moment pass, as they now have a prime opportunity to further engage with advisors, primarily through wholesalers and other one-to-one channels.”
 
Source: TRONSERVE

No Restrictions on Huawei in Brazil

Jul 17, 2019
No Restrictions on Huawei in Brazil
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China's Huawei will not be restricted in Brazil where plans are under way to open a 5G network, the country's vice-president mentioned Monday, opposing US pressure to ban the firm.
 
Huawei, a leader in next-generation 5G wireless technology, is prohibited from establishing 5G networks in the United States over concerns about its links to the government in Beijing and possible security threats.
 
The administration of President Donald Trump is endeavoring to persuade its allies to do the same.
 
But Hamilton Mourao, who is regarded an average voice in President Jair Bolsonaro's government, told reporters Brazil's ties with its biggest trade partner China could not be 'disregarded.' 'There is no veto of Huawei in Brazil. Huawei has been here for 10 years,' Mr Mourao said.
 
An auction of 5G spectrum is supposed to be held next year. Mr Bolsonaro railed against China during last year's election campaign, but has transformed his tune since getting into office in January.
 
Brazil has sought to keep itself from the ongoing US-China trade war trying to stay onside with both countries. 'We are experiencing a moment of instability, of competition between countries, a return to a certain protectionism,' Mr Mourao said. Brazil, he added, has to adopt a position that is both 'flexible and pragmatic.'
 
Source: TRONSERVE

China's Xiaomi Continues Chip Strategy Revamp with Investment in Semiconductor Designer

Jul 17, 2019
China's Xiaomi Continues Chip Strategy Revamp with Investment in Semiconductor Designer
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China’s Xiaomi Corp (1810.HK) has taken a stake of around 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuance of profits in semiconductors in which it sees as central to driving innovation. The investment comes as the government identifies chips as one of many areas whereby it wants the country to become more self-reliant under its “Made in China 2025” initiative.
 
In a filing to the China Securities Regulatory Commission (CSRC) published online on Thursday, VeriSilicon reported a fund run by Xiaomi became its second-largest external shareholder in June. Xiaomi Corp verified the investment to Reuters. None of the companies disclosed its monetary value.
 
VeriSilicon’s biggest exterior shareholder is the China Integrated Circuit Industry Investment Fund, a centralized, national-level fund for the domestic semiconductor industry, popularly known as “The Big Fund”. The firm is based in Shanghai and has research and development hubs at home and in the United States. It mainly works as a contractor to other chip companies, helping them complete additional parts of semiconductor design.
 
Xiaomi expanded rapidly since launching its first smartphone at the beginning of the decade, growing to be the fourth-biggest seller worldwide in the first quarter of this year, exhibited latest data from researcher IDC. At the same time, it has had less success in chips.
 
The company opened a semiconductor division in 2014 and three years later unveiled its first system-on-a-chip, the Surge S1. The chip featured in Xiaomi’s Mi 5C smartphone but yet wasn't rolled out more extensively.
 
After that, there were no great chip announcements until April when an internal memo stated that Xiaomi would spin off part of its chip division into a subsidiary called Big Fish focused on making chips for internet-of-things devices. Xiaomi just isn't alone in its chip objectives. Huawei’s chip-making HiSilicon subsidiary makes Kirin processors for its own smartphones, which experts said are nearly competitive with top-of-the-line chips from U.S. leader Qualcomm Inc (QCOM.O).
 
In the greater tech sphere, e-commerce major Alibaba Group Holding Ltd (BABA.N) last year bought Chinese chipmaker C-Sky. Its chief technology officer later said the firm will release its first artificial intelligence chip in the second half of 2019. Adding impetus to such initiatives is a trade war with the United States involving import tariffs imposed on technology goods and services, while a U.S. ban on supplying Chinese telecom equipment maker Huawei Technologies Co Ltd due to national security concerns has also disturbed the industry. Xiaomi is set to announce quarterly earnings results in the second half of August, marking the firm’s first reporting period one full year after it listed in Hong Kong. In that time, the smartphone vendor’s market value has fallen from $54 billion upon listing to its current HK$245.5 billion ($31.40 billion).
 
Source: TRONSERVE

Bosch sells packaging machinery arm

Jul 17, 2019
Bosch sells packaging machinery arm
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Bosch Packaging Technology will keep all its affiliates across 15 countries. The Waiblingen, Germany based company will become part of a newly incorporated organization, with CVC having been picked as the buyer thanks to its industrial expertise and growth strategy. The sale was driven by consolidation at the business, with an improved drive for digitalization.
 
Dr. Stefan Hartung, member of the board of management of Robert Bosch GmbH and chairman of the supervisory board Robert Bosch Packaging Technology GmbH, said: “With its feel in growing companies over the long term, its broad industrial expertise, and its viable strategy for taking the division forward, CVC was the right choice for us. The growth concept it has presented, as well as the investments it plans to make, are very promising. For Packaging Technology and all its associates, our aim was to find a trusted new owner with a long-term approach, under whose leadership the business can develop successfully. We have accomplished just that.”
 
A price was not disclosed, but the deal is supposed to close at the end of the year subject to antitrust and other approvals.
 
Dr. Alexander Dibelius, Managing Partner of CVC, said: “Bosch Packaging Technology is a strong firm in an attractive market with long-term growth prospects. Packaging Technology has an ideal standing for quality and innovation, a broad product range, a global footprint, and experienced associates. Together with the management team, we will work to take the business forward in the years ahead, and to make it even more aggressive.”



This article is originally posted on Tronserve.com

PMMI Foundation Supports the Next Generation Workforce

Jul 17, 2019
PMMI Foundation Supports the Next Generation Workforce
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Reston, Va.; July 16, 2019 - The PMMI Foundation, a part of PMMI, The Association for labels and Processing Technologies, announces the winners of three $5,000 scholarships to pupils mastering food and beverage processing, mechanical engineering and electrical engineering at four-year PMMI Education partners.
 
The recipients of these scholarships are:
•              Daniel Mauger, Purdue University Northwest, Electrical Engineering Technology
•              Hitech Moryani, Illinois Institute of Technology, Food Process Engineering
•              Jacob Zaguri, University of Illinois at Chicago, Mechanical Engineering
'These students represent the great potential of the next generation workforce to transform the packaging and processing industry,' says Kate Fiorianti, senior education manager, PMMI. 'The application criteria, which contains notable industry involvement, means we are recognizing the best and cleverest and giving them resources to transfer academic success into professional excellence.'
 
The PMMI Foundation awards over $200,000 in funds each year to students enrolled in PMMI Education Partner programs, demonstrating PMMI's commitment to developing future leaders of the packaging and processing industry.
 
There are various opportunities to lead to the PMMI Foundation at the upcoming PACK EXPO Las Vegas and co-located Healthcare Packaging EXPO (Sept. 23-25, 2019; Las Vegas Convention Center). Proceeds from The Amazing Packaging Race and the CareerLink LIVE @ PACK EXPO interview and networking event provide right to PMMI's scholarship offerings. The PMMI Foundation also allows donations to support its endeavours. To donate, mail checks to PMMI Education & Training Foundation, P.O. Box 791042, Baltimore, MD 21279-1042.



This article is originally posted on Tronserve.com

Eclipse Automation Expands into Europe to Support the Growing Automation Market

Jul 17, 2019
Eclipse Automation Expands into Europe to Support the Growing Automation Market
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Eclipse Automation of Cambridge, Ontario, today announced the acquisition of Transmoduls Ltd., located in Veszprém, Hungary. Transmoduls is at the forefront of manufacturing turnkey, feature-rich automation possibilities for the automotive, electronics, food and medical markets. With facilities in Canada and the United States, Eclipse delivers proven custom automation solutions combining design, engineering, manufacturing, integration and aftercare for complex production, lean manufacturing and modern circulation.
 
'The Transmoduls acquisition provides an enjoyable opportunity for Eclipse,' explains Steve Mai, President and CEO, Eclipse Automation. 'We are specifically pleased to have found a strong business partner to give our company the means to support its growth approach. This expansion will enable Eclipse to broaden internal capacity and increase entry into new and adjacent global markets. We welcome all 161 highly-skilled Transmoduls employees to the Eclipse organization.'
 
Since 2016, Eclipse and Transmoduls have worked in partnership with the Smart Automation Group and have an established customer-centric relationship and long-term familiarity with one another.
'There are complementing factors in bringing the two companies closer together,' states Márton András Maár, Founder and President, Transmoduls Ltd., 'and additional capabilities and resources will extend the Transmoduls offering to enhance our complete solutions approach.'
 
'Our prevalent international customers will have an immediate advantage as the merge will boost our service in Europe and abroad,' says Lajos Sari, Co-Founder and Vice-President, Transmoduls Ltd., 'it will also maintain the improving requirements in electronics technology for the auto market.'
 
'We look onward to opportunities ahead as we meet new customers and are well-positioned to grow in foreign markets,' mentions Gilles Blouin, Director of Business Development, Eclipse Automation. 'As a global player this is a normal reference of our international work with a trusted partner. We will continue to build our framework with favorable proximity to our customers and to also support large-scale intercontinental programs.'
 
As Eclipse grows into central Europe, it will continue to build on its success formula of know-how, flexibility and an unlimited menu of proven responsive automation technology. Transmoduls Ltd. will continue to operate under its own name and branding will continue with Eclipse Automation.



This article is originally posted on Tronserve.com

Watch World Champion Soccer Robots Take on Humans at RoboCup

Jul 17, 2019
Watch World Champion Soccer Robots Take on Humans at RoboCup
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RoboCup 2019 took place earlier this month down in Sydney, Australia. While there are many different events including RoboCup@Home, RoboCup Rescue, and a bunch of different soccer leagues, one of the most interesting events is middle-size league (MSL), where mobile robots each about the size of a fire hydrant play soccer using a regular size FIFA soccer ball. The robots are fully autonomous, making their own decisions in real time about when to dribble, pass, and shoot.
 
The long-term goal of RoboCup is this:
 
By the midst of the 21st century, a team of fully autonomous humanoid robot soccer players shall win a soccer game, complying with the official rules of FIFA, against the winner of the most past World Cup.
 
While the robots are certainly not there yet, they're surely getting closer.
 
Even if you’re not a particular fan of soccer, it’s significant to watch the robots coordinate with each other, setting up multi passes and changing tactics on the fly in response to the movements of the other team. And the ability of these robots to shoot precisely is world-class (like, human world-class), as they’re seemingly able to put the ball in whatever corner of the goal they choose with split-second timing.
 
While the robots are probably not there yet, they're undoubtedly getting closer.
 
Even if you’re not a particular fan of soccer, it’s amazing to watch the robots correlate with each other, setting up multiple passes and changing methods on the fly in response to the movements of the other team. And the means of these robots to shoot precisely is world-class (like, human world-class), as they’re seemingly able to put the ball in whatever corner of the goal they choose with split-second timing.
 



This article is originally post Tronserve.com

Credit Cards Fall Behind in Asia's Race to Go Cashless

Jul 16, 2019
Credit Cards Fall Behind in Asia's Race to Go Cashless
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Credit cards are shedding out to e-payments as Asia rushes to go cashless, with users who are disinclined or not able to shoulder the high fees affiliated with cards opting for mobile alternatives.
 
Credit card penetration keeps at 10% or less in Thailand, Indonesia and Vietnam, while mobile payments are used by 47% to 67% of the population in those countries, as indicated by data from the World Bank, Nomura and Japan's economy ministry. In China, where everyday transactions are basically carried out by smartphone, so many people grow up without ever seeing a credit card.
 
As mobile payment operators maintain wooing users and expanding services, credit cards will probably face an uphill battle to regain lost ground in the world's fastest-growing region. 'U.S. credit card brands have developed payment networks over the last 30-40 years. But their networks are expensive to access, prompting other companies to develop less expensive and more convenient cashless payment platforms using mobile technology,' said Yasuyuki Fuchida, an analyst at Nomura Institute of Capital Markets Research.
 
Credit card companies face yet another headwind, as a rising volume of Asian governments work to develop their own payment platforms and prevent customer data from being transferred to the U.S.
 
India illustrates both challenges.
 
The government of Prime Minister Narendra Modi introduced India's own smartphone payment app, BHIM (pronounced 'beam'), in 2016. The app permits money transfers between a variety of banks without going through Visa or MasterCard networks.
 
The Modi government also has adopted a draft policy requiring e-commerce companies and social media platforms to maintain customer data within India. This policy is aimed at businesses like Walmart, which last year took majority control of Indian e-commerce company Flipkart. The Reserve Bank of India, the central bank, has also asked that Visa and MasterCard keep customer transaction data within India.
 
Cashless payments in India are ruled by mobile platforms such as BHIM; Ola Money, which is linked with ride-hailing company Ola; and PayTM, affiliated with SoftBank Group. Visa and MasterCard have long been the dominant providers of payment networks for credit and debit card services, obtaining licensing fees from retailers and banks as well as from users in some cases. But now they are being competed even in the Asian market where their foothold seemed most secure: Japan.
 
One of the challengers is PayPay, a mobile payment platform endorsed by Yahoo Japan and its parent, SoftBank Group's mobile unit. Seiei Takase, 59, who owns a restaurant in Kasama, a small city north of Tokyo, started accepting PayPay in April as the shop's only cashless payment option. The user opens an account with PayPay and deposits a particular amount of money, making purchases and payments by reading a Quick Response, or QR, code via smartphone. 'It is easier to introduce than credit cards, and no fee is charged until October,' Takase said. He recently started to use the app himself and has become a fan. 'It's so good I just can't stop using it.'
 
The app has 6.66 million users and is accepted by well over 500,000 merchants, according to Yahoo Japan. Generous promo campaigns, just like 20% rebates on purchases for a limited time, helped drive up these numbers. Sadly for Visa and MasterCard, PayPay - like many mobile payment options - does not rely on a credit card network for processing transactions.
 
Japan has a great number of cash-only shops for mobile payments to tap. A review published in 2017 by the country's Ministry of Economy, Trade and Industry found that only 25% of small-scale restaurants, such as for instance cafeterias in major tourist spots, accept credit cards. The survey even indicated that the 42% of business operators that do not accept credit card payments think the processing fees are too high.
 
Masayuki Yamamoto, chairman of Yamamoto International Consultants, notes that QR code payments are cheaper than credit cards for merchants in terms of fees and equipment installation costs. Though fees differ dependent on each business operator and credit card brand, Yamamoto says credit card giants customarily charge merchants 3.25% to 5% of the payment amount. Small-business operators are regularly charged a higher rate. 'QR code payment has made it easier for business operators to introduce cashless payment,' Yamamoto said.
 
The switch to mobile payments isn't always smooth. Seven & i Holdings' new mobile payment service was hacked just days after its launch, dealing a blow to a key element of the Japanese convenience store operator's digital strategy. PayPay, too, was hit by a spate of unauthorized usage in December. Yet besides such setbacks, the Japanese government remains committed to its goal of having the country 40% cashless by the mid-2020s.
 
In China, the situation is pretty different. Many people have never seen - let alone used - a credit card, as mobile platforms just like Alipay, offered by Alibaba Group Holding affiliate Ant Financial, and WeChat Pay, operated by Tencent Holdings, gained traction before credit cards had a chance to catch on. One strength of credit card companies has been their ability to operate across borders. Now Alipay looks to conquer that challenge, too.
 
'Today, Alipay just isn't only in China. We have 1 billion users altogether in Asia, and these numbers kept growing greatly year on year,' Eric Jing, CEO of Ant Financial Services Group, said during a conference held in Tokyo in May. 'I think, every year, we can probably add 200 million more.' According to Jing, over 300,000 merchants in Japan now accept Alipay, five times more than in August 2018. Jing stressed that all of Alipay's customers have the potential to become inbound consumers for Japan. 'This [is an] area we can work together,' he said.
 
In China itself, credit cards like Visa are in general accepted only in tourist-heavy areas, including parts of Shanghai. Even China's own debit card system, UnionPay, has come under some pressure from the rise of mobile payments. UnionPay was established in 2002 by Chinese banks under an initiative by China's government. The system has introduced its own app, but Alipay remains far more popular with consumers as it provides a wide range of services including loans, financial investment, online shopping and ride-hailing.
 
In Indonesia, credit cards have made slight headway, and even card companies' dominance in debit card transaction processing is already under threat. The Indonesian central bank has debuted its own payment network, called the National Payment Gateway, and requires domestic banks to use the new network for local debit card transactions. Banks are in the process of converting Visa- and MasterCard-branded debit cards to comply with the new requirement.
 
And as in India, private mobile payment platforms are also catching on fast. Go-Pay is run by Indonesian ride-hailing company Go-Jek, while Singaporean rival Grab offers GrabPay. Go-Pay and GrabPay users can deposit money into their account via bank transfer, at a convenience store or rather more likely through a cabdriver. And in contrast to applying for a card from Visa or MasterCard, which were created by banks, app users do not need a bank account - just a smartphone.
 
Go-Jek and Grab established as ride-hailing platforms, but both now 'aim at becoming leading players in payments across Southeast Asia,' said Kaori Iwasaki, a senior economist at the Japan Research Institute.
 
Credit card operators are not sitting idle. Visa has launched a contactless card for smaller transactions, including rides on public transportation. The company also said in June that it will team with Line to link the chat app operator's mobile payment platform with Visa’s global payment network. But in the case of competing in cashless payments, companies like Grab, Go-Jek and Alipay have one possibly key advantage: They do not need to make money from their mobile payment operations. For them, mobile payments are only a way to attract users, to whom they can offer fee-based services such as investments, loans and insurance, Nomura's Fuchida said.
 
And while Asian mobile payment platforms are mostly limited to operating in their home markets, they are investing in other Asian countries, a possible sign that they expect rules on cross-border transactions to be relaxed eventually, according to some analysts. If those expectations end up a reality, then the battle between the likes of Alipay and Visa may be just getting begun.
 
Source: TRONSERVE

Google Announces Customers Can Now Use PayPal with Google Pay

Jul 16, 2019
Google Announces Customers Can Now Use PayPal with Google Pay
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Google recently stated it has widened its partnership with PayPal to provide merchants with better ways to accept payments online. Commencing next week, Google Pay will benefit from PayPal integration in all 24 countries where customers can link their PayPal account to Google Pay.
 
Merchants that permit PayPal as a payment method on their Google Pay integration allows buyers to seamlessly check out on their website or app. Mostly, users will not any longer have to sign in to PayPal when they use it with Google Pay immediately after they link their PayPal account.
 
With the new option, customers will be able to switch between debit cards, credit cards, their PayPal account, and far more just by choosing Google Pay at checkout.
 
Permitting PayPal integration in Google Pay will let merchants keep all the benefits they currently have, like the ability to receive payments instantly to their PayPal Business Account within minutes, no minimum processing requirements, as well as seller protection on select transactions.
 
Now, if you are a merchant who can’t wait to enable the option to pay with PayPal in Google Pay, there are a few things that you must do before customers can use the new feature. But, as opposed to going too technical, we’ll just redirect you to Google’s developer blog, which has all the information needed to enable PayPal in Google Pay.
 
Source: TRONSERVE

US-China Trade Tensions Hit Panama Canal Revenues

Jul 16, 2019
US-China Trade Tensions Hit Panama Canal Revenues
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The trade tensions between the United States and China is making waves at the Panama Canal. Cargo from the US to China going through the key waterway has slumped this year due to the Asian giant trims their imports of American food and fuel, according to Panama Canal Authority CEO Jorge Luis Quijano.
 
Amid the argue, Japan has force out China as the canal's second-largest user, while US businesses remain the canal's largest customers, he said.
 
US President Donald Trump complained last week that China has not expanded its purchases of American farm products, a promise he said that he secured last month at a meeting with President Xi Jinping. China is depending more on countries just like Qatar, and Trinidad and Tobago, for gas, and Brazil for soy, according to Mr Quijano. 'This is a bigger disadvantage to the US, because China just buys the same products elsewhere,' he said.
 
The canal estimates income of US$3.1 billion this fiscal year, down one per cent from 2018, which would be the first drop since the US$5 billion canal improvement was launched three years ago.
 
The trade dispute has sliced traffic from the US to China by all about eight million tons since the existing fiscal year started in October, according to Mr Quijano. Traffic using the canal on the most important route, from the East Coast of the US to Asia, was 78 million tonnes in the 2018 fiscal year.
 
In spite of this, Moody's Investors Service this year advanced the canal's credit rating to A1, from A2, pointing out its strong financial performance since the expansion, and low debt levels.
 
Mr Quijano said the US-China dispute could cost the canal extra cash in the event that tensions continue. On the other hand, it may get a boost from new LNG terminals scheduled to come online in the coming months in the US states of Georgia and Texas which will help supply developing demand from Japan and South Korea, he said.
 
Low water levels due to a drought this year pushed the canal authority to restrain the size of vessels allowed to cross the new set of locks.
 
A draft restriction of 44 feet (13.4m) that basically affects container ships will probably remain in effect for the coming weeks until rainfall picks up, Mr Quijano said. The canal has studied the possibility of building an additional set of locks for even bigger ships, but demand isn't likely to merit such an undertaking in the next 10-15 years, he said.
 
Source: TRONSERVE

Vietnam Factories Buoyed by Diversion from China

Jul 16, 2019
Vietnam Factories Buoyed by Diversion from China
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More hot beds for factories are bouncing up in Asean - in particular as Asian companies build up shorter, more local supply chains, a McKinsey Global Institute report has suggested.
 
And yet, even while regional markets such as Vietnam step up to the plate to make labour-intensive goods at low cost, other value-added factors would become more necessary, the report said.
 
As a wealthier China retreats from labour-intensive production, South-east Asian countries just like Vietnam, Cambodia and Indonesia have taken over those jobs.
 
Vietnam’s Hai Phong and Ho Chi Minh City, along side Bekasi in Indonesia, have drawn to swathes of greenfield investment, exclusively into electronics production.
 
With the funds sweeping into Vietnam - greatly from South Korea and Japan, as Asia turn out to be more internally connected - McKinsey noted that “a new set of cities begins to benefit from the influx of capital”, through the creation of factories, roads and jobs.
 
However, the report also revealed that industry value chains now depend more significantly on research and development, innovation, and value-added services.
 
“These shifts, combined with a wave of new manufacturing and logistics technologies, mean that countries across Asia will need to alter their investment priorities and develop new types of skills to compete in a more knowledge-intensive trade landscape,” the analysts published.
 
Source: TRONSERVE

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