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Latest News

Japan's Electric Wire Makers Expand in Asia to Ride EV Boom

Jul 8, 2019
Japan's Electric Wire Makers Expand in Asia to Ride EV Boom
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Japanese electric wire manufacturers are shifting their production and investment into high gear in Asia as they get ready for growth in the region’s electric vehicle market.
 
SWCC Showa Holdings will likely invest about 700 million yen ($6.5 million) to relocate and integrate two plants in China. The company will even establish a program to develop, manufacture and sell EV cables through Jaxing Showa Interconnect Products, its Chinese subsidiary.
 
In Southeast Asia, Hitachi Metals will crank up its production capacity in Vietnam and Thailand, while Furukawa Electric will also boost its capacity in Vietnam.
 
Japanese wire makers are ready to expand sales elsewhere in Asia as automobile electrification takes off and Japan's auto parts suppliers shift their own production bases.
 
Jaxing Showa's two existing plants, which at the moment make products like copper wire for consumer electronics, will be connected into a new plant that is scheduled to go online in July 2020. The new plant will likely to be double the size of the existing two factories' 10,000 sq. meter area, and will include automated facilities to increase productivity. The company's sales totaled about 4 billion yen in fiscal 2017. SWCC Showa aims to lift the Chinese subsidiary's revenues by improving logistics.
 
According to Fuji Keizai, a Tokyo-based research company, EV sales in China are forecasted to roughly quintuple to about 2.46 million vehicles in 2035, compared with 2017.
 
SWCC Showa’s current mid-term management plan calls for extending the company’s operating profit by 5% to 7 billion yen in fiscal 2022, compared with fiscal 2018. The company believes this target is achievable thanks to its EV-related business expansion. In Southeast Asia, for the time being, Hitachi Metals is constructing its capacity to produce wire for electric parking brakes in Vietnam and Thailand. 
 
The company will widen production capacity at its existing plants and build new facilities during the first half of fiscal 2020. It plans to supply EPB wire primarily to Japanese auto-sector manufacturers in Southeast Asia. It will also open new production facilities at its plant in Hai Duong Province in northern Vietnam and beef up the capacity of current facilities at its plant in Ayutthaya, north of Bangkok.
 
EPBs do not require conventional mechanical levers, making it possible to more proficiently use space around the driver’s seat. Hitachi Metals is rushing to enlarge local processing in anticipation of growing demand for EPB wire in Asia. In Vietnam, Furukawa Electric will also invest about 3.5 billion yen to quadruple its pre-existing local plant’s capacity to produce aluminum wire for automobiles. A new building will go online in September 2020. 
 
Furukawa Electric intends to cash in on escalating demand due to greater use of aluminum in EVs to make them lighter. Many Asian countries are endorsing EVs under government initiatives. The Chinese government is promoting the spread of ecologically friendly cars like EVs the help address environmental problems due to auto emissions.
 
The Thai government is also seeking 'Thailand 4.0,' a policy to enhance the nation’s industries. Next-generation automobiles such as EVs have a distinguished place in the place. There are also moves to establish charging infrastructure for EVs in Asia, which is also reassuring Japan's electric wire makers to expand their operations in the region.
 
Source: TRONSERVE

Seven-Eleven Mobile Pay Hack Hits Japan's Drive To Go Cashless

Jul 8, 2019
Seven-Eleven Mobile Pay Hack Hits Japan's Drive To Go Cashless
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Seven & i Holdings' new mobile payment service has been hacked barely days after its launch, dealing a blow to a crucial element of the Japanese convenience store operator's digital strategy. Japan's second-largest retail group by sales on Monday rolled out 7pay, which lets users buy stuff with a smartphone app at Seven-Eleven Japan's roughly 21,000 stores nationwide.
 
Just two days later, the parent of the chain verified that unauthorized charges had been made on some users' accounts after learning of them through feedback from customers. Victims also tweeted about their experiences. One complained that unauthorized purchases had been made using funds added to the account from a linked credit card. This marks a setback for digital payments in Japan, which ranks lower than Asian peers in the rate of cashless transactions. The country is hurrying to make itself friendlier to financial technology startups.
 
By early Thursday, Seven & i had revealed about 55 million yen ($510,000) stolen from 900 or so 7pay users. The company has in effect suspended the service by stopping users from adding money to their accounts. Tokyo police on Thursday imprisoned two Chinese nationals on suspicion of using other people's accounts to buy electronic cigarette cartridges worth about 730,000 yen from a 7-Eleven in Tokyo's Shinjuku Ward.
 
It was figured out on Friday that one of the suspects delivered instructions about gaining unauthorized access to 7pay accounts via WeChat, a popular Chinese messaging app. The Metropolitan Police Department suspects the involvement of an international criminal organization. 7pay didn't have two-step authentication to ensure the identity of users when they log in to the service. Adding this and other new security features will take 'at least three months,' said one cybersecurity expert who asked not to be named. 'And even that may not be enough.'
 
Seven & i became one of the first companies in Japan to introduce its own electronic money when it debuted nanaco in 2007. But as mobile payments promptly shifted from contactless cards to smartphones, the group found itself rushing to catch up. 7pay marked the group's entry into payment apps, and Seven & i had intended to grow the use of the service to other retailers. But now even rivals worry that the incident will hurt consumer confidence in digital payments in general.
 
'This has thrown cold water on the market just as it was heating up,' said a source at a payments company. Hiroshi Mikitani, the billionaire founder and CEO of e-commerce group Rakuten, remarked: 'The industry as a whole needs to make sure we raise the level of security.' The government's target is for at a minimum 40% of all payments to be cashless by the middle of the 2020s. Campaigns tied in with the consumption tax hike in October and the Tokyo Olympics next summer are expected to move the needle.
 
Various services have been released in quick succession, but the hacking of 7pay could deter Japanese consumers from making the switch. It could also affect the timing of a reward program for cashless payments that the government has planned to link to the tax increase. 'I think there will be rising unease among consumers,' said consumer finance writer Akio Iwata.
 
PayPay, a smartphone payment app operated by a joint venture of SoftBank and Yahoo Japan, also fell prey to unauthorized use in December, after it introduced a major campaign offering incentive points worth 20% of purchase amounts. Seven & i has a digital strategy of milking purchase data gathered though its vast store network. It has boldy promoted 7pay, envisioned to play a crucial role in this strategy.
 
To encourage customers to shift to 7pay, Seven & i on Monday began offering fewer points for purchases made with its nanaco e-money. Iwata said that Japan's cashless payment market stands out for its generous reward programs. In this way, 'the market has overheated, and the quality of services has declined in some cases,' he said.
 
Source: TRONSERVE

Stung by Trade War, Samsung Expects a Big Plunge in Profits

Jul 8, 2019
Stung by Trade War, Samsung Expects a Big Plunge in Profits
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President Trump’s trade war with China has been experienced everywhere. The latest casualty: the South Korean electronics giant Samsung Electronics.
 
The company said on Friday that it assumed its second-quarter operating profit to fall more than 50 percent, to 6.5 trillion won, or about $5.6 billion. It managed to beat analysts’ expectations only because of a onetime gain in its display business.
 
Samsung’s disclosure on Friday highlighted the troubles that an escalating series of trade fights are causing on the global economy, mainly for huge companies that sell finished products as well as components internationally.
 
Samsung, a top producer of the components in an array of gadgets, was already experiencing a slowdown in sales of smartphones and other technology products. It has been especially hurt by a glut of memory chips.
 
The persistent trade dispute between the United States and China has made things a whole lot worse for the company. The Trump administration’s restrictions on sales to Huawei, a major buyer of Samsung memory chips, has minimized demand for the company’s chips and forced it to cut prices. Although President Trump lately said he would relax some of the restrictions, it is still unclear how far the easing will go.
 
That decline in Samsung’s memory-chip business will certainly be greater than whatever gains its smartphone division may reap from any drop in sales of Huawei’s competing products. Samsung has also been forced to contend with added costs resulting from import tariffs imposed on washing machines by the Trump administration in a move meant to protect American competitors like Whirlpool.
 
Other trade fights could cause more pain in the short term. Japan a short while ago imposed export limits on materials used to make displays and computer in South Korea, which are estimated to hurt Samsung and a top rival, SK Hynix.
 
And a more diverse economic downturn worldwide could reduce demand for Samsung’s array of products, which also include televisions and audio speakers.
 
Source: TRONSERVE

Tmall and VF Corporation Deepen Partnership in China

Jul 8, 2019
Tmall and VF Corporation Deepen Partnership in China
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Tmall, China’s biggest B2C platform under Alibaba Group, has formed a strategic partnership with VF Corporation (“VF”) to widen the global leader’s offerings of branded lifestyle apparel, footwear and accessories in China.
 
Under the agreement, Tmall Innovation Center (“TMIC”), the professional retail innovation arm of Tmall, will provide VF data-driven consumer analytics from the 654 million annual active customers across Alibaba’s marketplaces, allowing it to tailor products for Chinese consumers. VF is the parent company of apparel brands Vans, The North Face and Timberland and is the first TMIC high-level partner in the apparel category.
 
“With Tmall’s unprecedented customer insights, good technical support and in-depth market knowledge, we are keen to work with the world’s leading companies to assist them to bring their finest products into the China market in the most-effective and powerful way. Through our partnership with VF, we are committed to helping VF create products that can properly match the appetite of the Chinese consumer,” said Liu Bo, general manager of Alibaba’s Marketing Platform Business.
 
The partnership will focus on selecting new consumption trends, pre-launch testing, consumer profiling, and post-launch tracking to optimize product design, range and assortment to uncover unmet needs of Chinese consumers.
 
Source: TRONSERVE

ExOne and Siemens partner on industrial 3D printing technology

Jul 8, 2019
ExOne and Siemens partner on industrial 3D printing technology
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In line with ExOne’s standing for sand and metal 3D printing, the company’s newly launched S-Max Pro sand printer integrates with Siemens’ Digital Enterprise Portfolio of software.
 
“With this expanded partnership, ExOne will deliver even more value to our foundry and manufacturing customers who rely on our industrial 3D printers,” said ExOne CEO John Hartner. “We are pleased to be the first industrial 3D printer to fully integrate the latest of Siemens control, sensing and motion technologies and this new MindSphere technology, which will give our customers a new level of control and plant integration.”
 
Exone’s printer is able to print at speeds of 135 layers per hour, using binder jetting technology. Its partnership with Siemens is said to benefit industrial customers in areas such as the automotive and aerospace industries, bringing industry 4.0 to industrial printing.
 
Dr. Karsten Heuser, Vice President of Additive Manufacturing at Siemens Digital Industries, said, “ We are excited to further strengthen our partnership with ExOne and improve the industrialization of additive manufacturing. Siemens brings new digital technologies and its serious industrial domain knowhow to help ExOne generate further value. The new ExOne S-Max Pro™ 3D printer shows that seamlessly integrated software and automation solutions conclude in shorter time to market, higher performance and maximum availability.”



This article is originally posted on Tronserve.com

CRP Technology launches new composite material for 3D printing

Jul 8, 2019
CRP Technology launches new composite material for 3D printing
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Since mid-90', CRP Technology has been altering the rules of additive processing, smashing records and setting models nowadays that apply to the 3D printing technology with polyamide materials.
 
A clear sign of this continued performance is Windform® FR1 (FR stands for Flame Retardant), the new-born material from the Windform® TOP-LINE family of composite materials for Additive Manufacturing.
It is planned to become a game-changing material in the field of 3D printing for its uniqueness: it is the first Flame Retardant (UL 94 V-0 rated) material for Additive Manufacturing which is carbon fiber reinforced.
It is also transferred successfully the FAR 25.853 12-second vertical and 15-second horizontal flammability tests as well as the 45° Bunsen burner test.
 
'Only a few days from the launch of a new range of Windform® materials, the P-LINE for HSS technology - commented Franco Cevolini, VP and CTO at CRP Technology - I'm very proud to launch a new revolutionary composite material from the Windform® TOP-LINE family of materials for Laser Sintering technology. Our aim is to regularly produce technological breakthroughs. With Windform® FR1 we can steer you toward the proper solution for your projects'
 
Windform® FR1 is halogen free polyamide-based material, that combines superior mechanical properties with excellent stiffness and lightweight.
 
Owing to its flame-retardant quality, this high-performance polyamide based composite material is appropriate for Aircrafts and Aerospace applications (interior parts, cockpit, cabin components, air conditioning piping, air ducts, air outlet valves); Automotive and Transportation parts (vehicle interiors, housing and enclosure assemblies); Consumer goods and Electronics (lighting, appliances) and in general for any parts necessitating flame retardant rating.
Windform® FR1 is also ideal for high feature detail applications requiring FAR 25.853 fire retardant compliancy.
Windform® FR1 is also best for the manufacturing of components with detailed surface resolution.
 
'We will not stop here- added Franco Cevolini - we will continue our work on renewal and technological expansion in the field of Additive Manufacturing. Stay tuned!'



This article is originally posted on Tronserve.com

Nvidia Chip Takes Deep Learning to the Max level

Jul 8, 2019
Nvidia Chip Takes Deep Learning to the Max level
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There's no doubt that GPU-powerhouse Nvidia would like to have a solution for all size scales of AI—from massive data center jobs down to the always-on, low-power neural networks that listen for wakeup words in voice assistants.
 
Right now, that would take several different technologies, because none of them scale up or down particularly well. It’s clearly preferable to be able to deploy one technology rather than some. So, according to Nvidia chief expert Bill Dally, the company has been seeking to answer the question: “Can you build something scalable... while still maintaining competitive performance-per-watt across the entire spectrum?”
 
It looks like the answer is yes. Last month at the VLSI Symposia in Kyoto, Nvidia detailed a tiny test chip that can work on its own to do the low-end jobs or be linked tightly together with up to 36 of its kin in a single module to do deep learning’s heavy lifting. And it does it all while achieving roughly the same top-class performance.
 
The individual accelerator chip is fashioned to execute the execution side of deep learning rather than the training part. Engineers typically measure the efficiency of such “inferencing” chips in terms of how many operations they can do per joule of energy or millimeter of area. A single one of Nvidia’s prototype chips peaks at 4.01 tera-operations per second (1000 billion operations per second) and 1.29 TOPS per millimeter. Compared to prior prototypes from other groups using the same precision the single chip was at least 16 times as area efficient and 1.7 times as energy efficient. But linked together into a 36-chip system it reached 127.8 TOPS. That’s a 32-fold performance boost. (Admittedly, some of the efficiency comes from not having to handle higher-precision math, certain DRAM issues, and other forms of AI besides convolutional neural nets.)
 
Companies have mostly been tuning their technologies to work best for their particular niches. For example, Irvine, Calif.,-startup Syntiant uses analog processing in flash-memory to boost performance for very-low power, low-demand applications. While Google’s original tensor processing unit’s powers would be wasted on anything other than the data center’s high-performance, high-power environment.
 
With this research Nvidia is trying to demonstrate that one technology can work well in all those situations. Or at least it can if the chips are linked together with Nvidia’s mesh network in a multichip module. These modules are basically small printed circuit boards or slivers of silicon that hold multiple chips in a way that they can be treated as one large IC. They are becoming increasingly fashionable, because they allow systems composed of a few of smaller chips—often called chiplets—instead of a single larger and more expensive chip.
 
“The multichip module option has a lot of advantages not just for future scalable [deep learning] accelerators but for building version of our products that have accelerators for different functions,” explains Dally.
 
Key to the Nvidia multichip module’s capability to bind together the new deep learning chips is an interchip network that uses a technology called ground-referenced signaling. As its name implies, GRS uses the difference between a voltage signal on a wire and a common ground to transfer data, while avoiding many of the known pitfalls of that approach. It can transmit 25 gigabits/s using a single wire, whereas most technologies would need a pair of wires to reach that speed. Using single wires boosts how much data you can stream off of each millimeter of the edge of the chip to a whopping terabit per second. What’s more, GRS’s power consumption is a mere picojoule per bit.
 
“It’s a technology that we manufactured to essentially give the option of building multichip modules on an organic substrate, as opposing to on a silicon interposer, which is much more expensive technology,” says Dally.
 
The accelerator chip presented at VLSI is hardly the last word on AI from Nvidia. Dally says they’ve already done a version that essentially acts this chip’s TOPS/W. “We believe we can do better than that,” he says. His team aspires to find inferencing accelerating techniques that blow past the VLSI prototype’s 9.09 TOPS/W and reaches 200 TOPS/W while still being scalable.



This article is originally posted on Tronserve.com

Bombardier reveals latest business jet Learjet 75 Liberty

Jul 8, 2019
Bombardier reveals latest business jet Learjet 75 Liberty
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Montreal based aerospace company Bombardier has unveiled its newest business jet.
 
The Learjet 75 Liberty is a six seater with what Bombardier describes as the longest cabin in the light jet category. Forecasted to enter service in 2020, the planes are listed for $9.9mn and are to be created in the company’s Wichita facility.
 
“The Learjet 75 Liberty represents a step up for customers in the light jet segment, with unprecedented spaciousness and Bombardier’s renowned silky ride,” said David Coleal, President, Bombardier Aviation. “The newest user of the Learjet family delivers a flight experience that eclipses the competition.”
 
Detailing the aircraft’s performance, the company said in its July 2 press launch that the Liberty can offer better performance at the same operating cost. Fastest in the light jet segment, the aircraft has a range of 2,080 nautical miles, meaning it can join, nonstop, Las Vegas to New York, Seattle to Washington, DC and Mexico City to San Francisco.
 
“I’m extremely proud that the Learjet 75 Liberty will be built in Wichita, where the Learjet dream first took flight,” said Tonya Sudduth, Vice President of Operations and Wichita Site, Bombardier Aviation. “Our Wichita facility today has a diverse mandate supporting Bombardier’s extensive fleet of business aircraft, but to introduce the newest member of this iconic brand is of special significance to our team.”



This article is originally posted on 
Tronserve.com

US Chip Startup Exploits Trade War To Expand in China

Jul 5, 2019
US Chip Startup Exploits Trade War To Expand in China
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American chip startup SiFive perceives an opportunity to gain ground in China amid the intensifying trade war by offering an open-source alternative for chip design that could help reduce the country's reliance on Western technology.
 
The California-based company provides design services for chips, like for example those used in mobile devices and storage centers, based on the RISC-V chip architecture. Because RISC-V is open source - this means anyone in the world can access it freely - Chinese companies significantly see it as a prospective alternative to global chip leaders Intel and Arm Technologies for powering their devices. This is especially important as Washington steps up its restrictions on exports of U.S. technology to China.
 
In May the U.S. Commerce Department placed Huawei Technologies on its so-called Entity List, which bars American companies from converting technology to it without a special license. Five more Chinese companies were just recently added to the list. These restrictions, nevertheless, don't apply to open source technology, according to Kevin Wolf, a former U.S. Assistant Secretary of commerce and partner at law company Akin Gump.
 
'Technology that is 'published' and openly accessible is not subject to the Export Administration Regulations and thus not affected by Entity List prohibitions,' Wolf said. Because the RISC-V chip architecture falls under the 'published' category, this might serve as a potential chip alternative for Huawei - though the company has indicated it will continue using Arm-based chips in its devices for now. SiFive was founded in 2015 by three academics at the University of California, Berkeley who previously developed RISC-V.
 
SiFive offers its counterpart in China with intellectual property related to its design services. 'I think there is a common misunderstanding in the market that the U.S. Entity List is a blanket ban, like a wall between U.S. and China, but it's not. It's more like a gate, there are things allowed through and there are things not,' Sherwani said.
 
If SiFive is ever impeded from such transfers in the future, the company's thinking goes, SiFive China will still be able to serve Chinese customers. SiFive presently has three offices in China, with its headquarters in Shanghai. The company said it will open more Chinese offices as the country pushes ahead with its national goal of semiconductor independence.
 
SiFive told the Nikkei Asian Review that it will publicize a 5G chip based on the RISC-V architecture in the near future. Although the company may not be able to export the chips straight away to China, most of their design could be transferred to SiFive China, and the local team trained to build the chips within the country, SiFive said. 'China has some of the best universities in the world and is producing some of the best PhDs. There are obviously a lot of smart people living there, and it's a question of hiring them, training them, putting them in the structure and getting the work done,' Sherwani said.
 
Earlier this month SiFive raised $65.4 million in a Series D funding round from current backers such as Sutter Hill Ventures and Chengwei Capital, and new investor Qualcomm. SiFive has also previously gained investment from Intel, Samsung and Western Digital and has raised a total of more than $125 million since 2016.
 
While SiFive doesn't have any exposure to Huawei, the company said it is open to the possibilities of working together through SiFive China. Huawei rejected to remark for this article. Not everyone is confident that RISC-V will have a way to fill Arm's shoes in China, however. 'RISC-V is new and might not be ready yet, especially for the 5G phones,' said Neil Shah, research director at Counterpoint, an Asia-based technology analysis company.
 
But Sherwani believes that RISC-V will soon catch up. 'It took Arm 25 years to get here. RISC-V started in 2010, but it was just an academic project and didn't really start in full speed until three years ago,' he said. 'And in three years, RISC-V has got close to the Arm v8 processor, and we think we will be on equivalent or beyond v8 in about a year.'
 
Source: TRONSERVE

Semiconductor ETFs Slip As Traders Begin To Take A Longer Outlook

Jul 5, 2019
Semiconductor ETFs Slip As Traders Begin To Take A Longer Outlook
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Semiconductor industry exchange traded funds jumped following President Donald Trump said he could perhaps reverse the banning on telecom giant Huawei and renewed talks with China, but traders are now taking a harder look at the long-term outlook for the sector.
 
The iShares PHLX Semiconductor ETF (NasdaqGM: SOXX) at a decline 0.7% on Wednesday.
 
Semiconductor stocks are significantly sensitive to trade developments since the industry’s intricate supply chain is directly tied to China. While optimism over renewed trade talks have helped lift the sector, some experts underlined a wider slowdown on the horizon, The Wall Street Journal reports.
 
Andrew Zatlin, the founder of South Bay Research, asserted that weak sales in the semis industry could point to a sharp downturn into the global economy during the second half of the year since semiconductor chips are in almost everything from toys to airplanes and chip sales likely precede sales into end products that they are inserted into. “It’s July,” Zatlin said. “This is when stuff gets made for the holiday buying season.”
 
As outlined by World Semiconductor Trade Statistics projections, chip sales globally are calculated to dip about 12% this year from 2018. The trade group also presumed sales to only rise 5% in 2020.
 
Zatlin suggested that this new bust cycle in chip sales is a reflexion of decreased demand across China, Asia, and Europe. At the same time, this pullback is only about five months old and it does not appear to have bottomed out, which could be reflected on share prices in the coming months. “We have a long way to go,” Zatlin warned.
 
For more aggressive, risk-tolerant traders, ongoing weakness in chip stocks could spell short-term opportunity with leveraged exchange traded funds, such as for instance the Direxion Daily Semiconductor Bear 3X ETF (NYSEArca: SOXS). SOXS attempts to offer triple the daily inverse performance of the widely followed PHLX Semiconductor Sector Index (XSOX), the underlying index for SOXX.




Source: TRONSERVE

Huawei Insists Global Smartphone Production Levels Are As Expected

Jul 5, 2019
Huawei Insists Global Smartphone Production Levels Are As Expected
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There is certainly much ado about Huawei’s challenging road ahead as key US partners and major parts suppliers have decided to turn their backs on the world’s second-largest smartphone vendor to the end of a 90-day reprieve issued straight after President Trump’s announcement of a potentially business-ending ban.
 
But although it’s pretty noticeable the political tensions are already negatively affecting the Chinese company’s sales and brand image in the Western Hemisphere, Huawei reps and executives continue to insist the situation is not as bad as certain reports make it out to be. Immediately after essentially suggesting the White House did not do the tech giant any favors by giving it the aforementioned “stay of execution”, Huawei is obdurately rejecting a fresh rumor concerning current smartphone production.
 
In a brief statement issued to Cnet and quite a few of other international news outlets, the company chiefly and explicitly refuted the claims made in a Chinese media report about a Foxconn manufacturing shutdown of Huawei mobile devices. Reportedly, “global production levels are normal, with no notable adjustments in either direction.”
 
At first glance, that may seem reassuring, but clearly, these are very volatile circumstances, with lots of moving parts and unpredictable future developments. Even though Huawei might be going about its business like nothing has happened or is about to happen, that does not mean a production halt or at least a downgrade are not in the pipeline. If the embargo on collaborations with US companies stands, market researchers believe a substantial slowdown of the Chinese tech giant’s incredible recent growth.
 
For the time being, it looks like Huawei is working on the assumption the US-China trade war will one way or another cool down in the next couple of months, allowing it to continue selling hundreds of millions of Android phones world wide.
 
Source: TRONSERVE

Facebook Reveals Its New Digital Currency Called Libra

Jul 5, 2019
Facebook Reveals Its New Digital Currency Called Libra
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As announced earlier, Facebook released an exciting new cryptocurrency coming in 2020 – Libra. Characterized as a new digital wallet for new digital currency, the new financial service allows consumers to keep their cryptocurrency safe, as well as make various transactions.
 
When it launches in 2020, the digital wallet will be available in Messenger, WhatsApp, but also as a standalone app. The move to produce such a service is centered on the people’s need to save, send or spend money even if they do not posses a bank account.
 
Obviously, many people around the world still do not benefit from even basic financial services, significantly in developing countries. Calibra, the company behind the financial service, is meant to address this problem since it will allow those that don’t have a bank account to save, send and spend Libra.
 
Most importantly of all, Calibra allows members to send Libra to virtually anyone with a smartphone just like sending a text message. Excessive services will be provided to those using Libra in the future, including the option to pay their bills.
 
Facebook affirms that Calibra will not share account information or financial data with its servers or any third party without customer consent. Furthermore, the social network company states that Calibra will use Facebook data to comply with the law, secure customers’ accounts and prevent criminal activity.
 
It remains to be seen what merchants will accept Facebook’s new crypto currency and how companies in developing countries will be encouraged to pay their workers in Libra if they so choose.
 
Source: TRONSERVE

BYD opens 45,000 sq ft electric bus facility in Ontario

Jul 5, 2019
BYD opens 45,000 sq ft electric bus facility in Ontario
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The 45,000 sq ft facility is positioned in Newmarket, Ontario and is the company’s second North American facility after the 2013 opening of a factory in California.
 
“As regular auto manufacturing is withdrawing from Canada, municipalities across the country are re-doubling their initiatives to handle climate change through zero-emissions transit,” said Ted Dowling, Vice President, BYD Canada. “BYD is well-placed to duplicate in Canada the kind of rapid growth we’ve seen in places like Lancaster, California — a plant which started with about 100 workers in 2013, and now employs more than 750. Along with our partners in York Region and the town of Newmarket we’re going to put Canada on the map as a North American leader in Electric Bus assembly,” said Dowling.
 
In its June 25 press release, the Shenzhen based company said its new plant would first be paying attention on delivering buses for the Toronto Transit Commission, who have obtained 10 pure electric buses with the option of a further 30.
 
BYD cited analysis by the US Department of Transportation which said its buses eliminate 10 tons of nitrogen oxides, 350 pounds of diesel particulate matter and approximately 1,690 tons of CO2 over their 12-year lifecycles.
 
“We are devoted to partnering with municipalities across Canada, and we are passionate about our mission to create a cleaner environment here in North America and across the globe,” said BYD President Stella Li.



This article is originally posted on Tronserve.com

South Korea set to invest $854mn annually in micro chip supply chain

Jul 5, 2019
South Korea set to invest $854mn annually in micro chip supply chain
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Japan has discussed its purpose to fasten regulations on exports of some high-tech materials such as smartphone displays and chips to South Korea as the ongoing dispute over South Koreans who were made to work for Japanese companies during WW2 rages on.
 
Speaking to reporters following a meeting with authorities from the presidential office and government ministries, Cho Jeong-sik from the Democratic Party, commented: “We are carrying out a preliminary feasibility analysis (on the investment).”
 
It is regarded that the export curbs could influence production of South Korea-based giants, Samsung Electronics, and SK Hynix, with the two chemicals targeted regarded as crucial.
 
The data company, HIS Markit, verified that Japanese trade limitations against South Korea is set to add to the global trade tensions. In a note, Len Jelinek, executive director of semiconductor research at IHS Markit, said: “A reducing or elimination in the availability of these materials will considerably impede the production of memory and other semiconductor chips, impacting major semiconductor manufacturers including Samsung Electronics and SK Hynix.”



This article is originally posted on Tronserve.com

Oxford Economics research says 20mn robots expected to be in use by 2030

Jul 5, 2019
Oxford Economics research says 20mn robots expected to be in use by 2030
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Entitled ‘How robots modify the world: what automation actually means for jobs and productivity’, the report says that the fast pace of technological progress implies that robots will be able to take over ever more of the tasks once carried out by humans.
 
Some its key findings consist of the fact that there are three times as many robots in use worldwide as there were 20 years ago, up to 2.25mn. In the next 20 years, Oxford Economics cites trends suggesting that figure could achieve 20mn by 2030, with much of the increase being driven by China.
 
The improving use of robots is said to improve productivity and growth, but an approximate 20mn manufacturing jobs are predicted to be lost to robots by 2030, with those losses disproportionately affecting lower-skilled workers and those in poorer economies.
 
As reported in the BBC, however, Oxford Economics also found that a 30% rise in robot installations worldwide would create an calculated $5tn in additional global GDP, and thought from a global perspective, new jobs in yet-to-exist industries will be created at the same rate that existing roles are ruined.



This article is originally posted on Tronserve.com

Shipping Industry Bets Big on IoT in Bid to Save Billions

Jul 4, 2019
Shipping Industry Bets Big on IoT in Bid to Save Billions
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In a bid to save billions of dollars per year, the shipping industry is graduating from pilot projects and at long last launching to adopt a smattering of Internet of Things (IoT) technologies for real-world, commercial use. Most recently, several large and small shipping companies have turned to Traxens, a French technology firm, to help them deploy IoT devices across their fleets.
 
Traxens develops technology that tracks and monitors cargo. Since it introduced in 2012, the company has earned investments from premier shipping companies. Shipping is accountable for carrying 90 percent of the world’s traded goods, as stated by the International Chamber of Shipping. This year, A.P. Møller—Mærsk A/S, which is the world’s largest container ship and supply vessel operator, became a Traxens shareholder and customer. 
 
Then, earlier this month, Traxens equipped Indonesian shipping company, PT TKSolusindo with a set of devices, each more or less longer and thinner than a brick, with sensors including GPS.  These devices can track geolocation, detect shock and motion, and check the temperature, humidity, and alarms on refrigerated containers, popularly known as reefers. 
 
PT TKSolusindo is a reefer container company that serves clients around the Indonesian archipelago. The company transport ice cream, meat, medicines, and produce. Indonesia’s islands are scattered across almost 3,200 kilometers (2,000 miles), and these goods must be kept fresh in tropical weather. PT TKSolusindo has 125 6-meter (or 20-foot) reefers, and 30 12-meter (or 40-foot) reefers along with so many refrigerated trucks and cold storage units on land.
 
By mid-2020, Traxens says 150,000 shipping containers will likely be equipped with their devices across all of the companies they plan to serve. When Maersk invested in the company, it committed to ordering 50,000 devices. At some point, Traxens’ devices will not just monitor containers, but also allow customers to regulate internal temperature, which is particularly required when shipping food.
 
As stated by a 2015 report by McKinsey & Company, a management consulting firm, location-tracking IoT technology could reduce ships’ navigation time by 11 to 13 percent. IoT technology that tracks packages and containers could also reduce the amount of damaged goods by 30 to 50 percent, and increase the utilization of containers by 10 to 25 percent. And if companies are better able to track the status and contents of their containers, they could reduce the amount they spend each year on containers by US $13 billion.
 
Even so, shipping poses unique challenges for IoT technology. In Traxens’ case, each container is fixed with one device that relays information by cellular communication, and the device’s batteries need to last for months. The hardware is personalized by Traxens to reduce power loss and maximize energy efficiency. And the devices do not repeatedly transmit information—they send out information when they reach a certain point in the journey, according to geozones set by Traxens and the customers.
 
“We also use our low-energy mobile ad-hoc network TRAXENS-NET to [allow devices on board the same ship to] communicate between each other and elect a single device to communicate for the others to extend battery life,” says Lucas Moulin, program and solution director. “Another possibility is to have a TRAXENS-NET gateway supplied with power to gather data and improve even further energy efficiency, for instance on a vessel,” adds Moulin.
 
Tracking shipments more closely could raise new security concerns, though, which could induce sizeable costs to shipping companies that decide to adopt IoT devices. And shipping companies have always been the target of security breaches in the past. In 2017, Maersk fell victim to a major cyberattack which reportedly cost the company hundreds of millions of dollars.
 
To avoid unwanted interception, Traxens made its data approachable only thru encrypted authentication. And Traxens’ approach isn't easy to penetrate, says Moulin. “Our devices are not permanently connected and cannot be reached from the Internet. They connect to our server only at their initiative periodically,” he adds.
 
Though Traxens has gotten lots of interest just recently, shipping companies have been looking at IoT solutions for years. Since 2015, Maersk has made multiple major investments in IoT to improve the efficacy with which it ships great numbers of products. These investments have included deals with Ericsson and the development of a Remote Container Management system, which is an interface that allows customers to check the location and conditions of their container.

Source: Tronserve

Quantum Cryptography System Breaks Daylight Distance Record

Jul 4, 2019
Quantum Cryptography System Breaks Daylight Distance Record
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Satellites can now set up quantum communications links by using the air during the day rather than just at night, perhaps helping a nigh-unhackable space-based quantum Internet to operate 24/7, a new study from Chinese scientists finds.
 
Quantum cryptography uses the quantum properties of particles including photons to help encrypt and decrypt messages in a theoretically unhackable way. Scientists worldwide are now endeavoring to cultivate satellite-based quantum communications networks for a global real-time quantum Internet.
 
Still, prior experiments with long-distance quantum communications links through the air were principally conducted at night because sunlight serves as a source of noise. Previously, “the maximum range for daytime free-space quantum communication was 10 kilometers,” says study co-senior author Qiang Zhang, a quantum physicist at the University of Science and Technology of China, in Shanghai.
 
Now researchers led by quantum physicist Jian-Wei Pan at the University of Science and Technology of China, at Hefei, have successfully established 53-kilometer quantum cryptography links during the day between two ground stations. This research advocates that such links could work between a satellite and either a ground station or another satellite, they say.
 
To conquer interference from sunlight, the researchers switched from the approximately 700- to 900-nanometer wavelengths of light used in all prior day-time free-space experiments to nearly 1,550 nm. The sun is about one-fifth as bright at 1,550 nm as it is at 800 nm, and 1,550-nm light can also pass through Earth's atmosphere with virtually no interference. More over, this wavelength is also presently broadly used in telecommunications, making it more suitable with existing networks.
 
Previous research was tentative to use 1,550-nm light because of a lack of good commercial single-photon detectors able of working at this wavelength. But the Shanghai group developed a compact single-photon detector for 1,550-nm light that could work at room temperature. In addition to that, the scientists developed a receiver that required less than one tenth of the field of view that receivers for nighttime quantum communications links usually need to work. This limited the amount of noise from stray light by a factor of several hundred.
 
In experiments, the scientists continually established quantum communications links across Qinghai Lake, the biggest lake in China, from 3:30 p.m. to 5 p.m. local time on several sunny days, achieving transmission rates of 20 to 400 bits per second. Moreover, they could establish these links despite roughly 48 decibels of loss in their communications channel, which is even more than the roughly 40 to 45 dB of loss typically seen in communications channels between satellites and the ground and between low-Earth-orbit satellites, Zhang says. Comparing, original daytime free-space quantum communications experiments could accommodate roughly only 20 dB of noise.
 
The researchers observe that their experiments were performed in good weather, and that quantum communication is currently impossible in bad weather with today’s technology. Still, they note that bad weather is a problem only for ground-to-space links, and that it would not pose a problem for links between satellites.
 
In the future, the researchers anticipate to boost transmission rates and distance using better single-photon detectors, perhaps superconducting ones. They may also seek to exploit the quantum phenomenon known as entanglement to carry out more sophisticated forms of quantum cryptography, although this will expect generating very bright sources of entangled photons that can operate in a narrow band of wavelengths, Zhang says.

Source: Tronserve

HP, Dell and Microsoft Join Electronics Exodus from China

Jul 4, 2019
HP, Dell and Microsoft Join Electronics Exodus from China
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Global consumer electronics makers HP, Dell, Microsoft and Amazon are all exploring to shift significant production capacity out of China, joining an emerging exodus that threatens to undermine the country's position as the world's powerhouse for tech gadgets.
 
HP and Dell, the world's No. 1 and No. 3 personal computer makers who together command around 40% of the global market, are preparing to reallocate up to 30% of their notebook production out of China, different sources told the Nikkei Asian Review.
 
Microsoft, Google, Amazon, Sony and Nintendo are also looking at transferring some of their game console and smart speaker manufacturing out of the country, multiple sources told the Nikkei Asian Review. Other leading PC makers such as Lenovo Group, Acer and Asustek Computer are also considering plans to shift, according to people familiar with the matter.
 
Tech companies' plans, stimulated by the bitter trade battle between Washington and Beijing, have not changed inspite of the truce that was struck between U.S. President Donald Trump and Chinese President Xi Jinping at last weekend's Group of 20 summit in Osaka. Multiple sources said the situation was still too unsure, while escalating costs in China were also prompting manufacturers to examine alternatives.
 
The decision by some of the world's hugest computer and game console brands to shift production - primarily of products destined for the U.S. - follows manufacturing reviews by other tech companies. Apple is looking into the cost implications of moving up to 30% of its smartphone production, Nikkei reported last month. In some other places manufacturers of servers, networking products, and some key electronics components are moving out of China, often at the request of U.S. customers.
 
The moves will be a stroke for China's electronics exports, which have powered the country's decades-long growth. China is the world's biggest producer of PCs as well as smartphones. Total Chinese imports and exports in the electronics segment ballooned 136 times to $1.35 trillion in 2017 from just over $10 billion back in 1991, as outlined by Chinese data provider QianZhan. However, many tech companies have been hit hard by the trade conflict, which has seen tariffs slapped on $250 billion worth of Chinese imports into the U.S. while the threat of another round remains.
 
Builders of key data center servers - Quanta Computer, Foxconn Technology and Inventec - have all transferred some production out of China to Taiwan, Mexico and the Czech Republic to prevent the threat of additional tariffs and to assuage customer concerns over U.S. claims of potential national security risks. 'After the tariffs on Chinese goods ... took effect on Sept. 24, we started to manufacture and ship servers outside of China from October,' said an executive of a Taiwanese server manufacturer.
 
The moves are triggering matters over job losses in China and the country's economic growth, which has already hit its slowest pace since 1990.
 
The U.S. could be estimated to feel some negative impact from the shift as 'products there could be more expensive,' said Darson Chiu, an economist specialized in trade at the Taiwan Institute of Economic Research. 'But China would feel the rest as the country's economy will have to brace for a further slowdown and many factory workers need to look for jobs elsewhere.'
 
HP and Dell, which together shipped around 70 million notebooks throughout the world last year, usually make the computers in the Chinese cities of Chongqing and Kunshan, the world's two biggest clusters of laptop production. Notebooks, global shipments of which exceeded 160 million units, are the world's second largest consumer electronics gadget by volume after smartphones' 1.4 billion units.
 
But Chongqing, which once built one in every three laptops in the world, is losing its shine with global manufacturers. A local government official told Nikkei that HP has decreased its production forecast for 2019 to fewer than 10 million laptops, close to half of its output two years ago. 'China's hiked production costs have already led to a decline in global orders. Now, the uncertainties associated with the trade war are adding insult to injury,' the official said.
 
HP has drawn up projects to move some 20% to 30% of production outside China, two sources familiar with the matter told Nikkei. The company is looking at steadily building a new supply chain in Thailand or Taiwan. The production shift could kick off as early as the end of the July-September quarter but it's still subject to change, one person said.
 
Dell has already started a 'pilot run' of notebook production in Taiwan, Vietnam and the Philippines, two people who knew about the plan said. People said the company wanted to avoid fallout from the trade war but was also concerned about a shortage of factory workers and expanding costs in China. About 47% of Dell's laptop shipments went to the North American region, its biggest market, while 40% of HP notebook computers are heading there, according to research company Trendforce.
 
'The industry consensus is to move an average of some 30% of production out of China depending on how important the U.S. market is... Everyone needs to come up with a plan,' a supply chain executive familiar with the plans said. 'Apple is really the very last and the slowest to start formulating plans, while everyone else out there is much more aggressive.'
 
Meanwhile, Amazon - for its Kindle e-reader and digital assistant, Echo - and Nintendo are focusing on Vietnam as an alternative, while Microsoft is eyeing Thailand as well as Indonesia, several sources said.
 
Even if Washington and Beijing conclude their long-running dispute, the shifts mean that China will encounter developing competition as an electronics production base, say experts. 'There is no turning back, and it is not only about tariffs but also about reducing risks for the long term [such as rising labor costs],' said TIER's Chiu. 'Southeast Asian countries and India will together become new competitive hubs in coming years for electronics production,' the economist said. 'There is plenty that policymakers can do in the short-term to pick up the slack if some exporters relocate out of China,' said Mark Williams, a China economist at global research firm Capital Economics. 'But China would suffer over the years ahead if it could no longer benefit from the know-how that globally competitive exporters bring to its economy.'
 
Acer and Asustek both approved to Nikkei that they are considering the feasibility of shifting some production outside of China. Dell refused to comment on the production shift but said it encourages 'the U.S. and Chinese governments to continue dialogue to resolve outstanding issues' and hopes to see a deal. HP, Google, Microsoft and Amazon did not respond to Nikkei's request to comment as of publication.


Source: Tronserve

China Opens Economy Faster Over Fears of Slower Foreign Investment

Jul 4, 2019
China Opens Economy Faster Over Fears of Slower Foreign Investment
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China's decision to completely open up foreign ownership of financial firms in 2020, a year sooner than schedule, demonstrates Beijing's concerns toward the expanding number of companies shifting out of the country to escape the fallout of the U.S.-China trade war.
 
China will 'become more open, transparent and predictable for foreign investment, and its business environment will further improve,' Premier Li Keqiang said in his speech at the World Economic Forum meeting here, an event also known as 'Summer Davos.' Foreign investors' access to value-added telecommunications and transportation will also face fewer restrictions, Li said.
 
The statement came just days after Chinese President Xi Jinping and U.S. President Donald Trump agreed to resume trade talks after a prolonged deadlock. In the year since the first U.S. round of tariffs on Chinese goods, foreign companies have progressively shifted production out of China to avoid them.
 
The resulting economic pressure could have driven Beijing to compromise on American demands for more open markets, in dreams of both mitigating the damage and perhaps bringing the trade war to a speedier close.
 
Li said foreign ownership restraints in securities, life insurance and futures would be taken away next year. China began allowing majority ownership in 2018 and had intended to allow for full ownership in 2021.
 
His promise to relax investment restrictions in transportation, telecommunications and internet industries are arranged for 2020. Under recent regulations, airlines has to be majority Chinese-owned, and their representative officers must be Chinese nationals. Chinese ownership is also required for phone carriers and other telecom companies, and the fast growing internet sector has a 50% cap.
 
The premiere also stressed that China will never discriminate between domestic and overseas players in credit cards and credit ratings - areas where Beijing has pledged to open up, but foreign companies have been slow to enter the market. 'Foreign-funded institutions will receive national treatment in credit investigation, credit rating and payment,' he said
 
With these services-oriented reforms, China hopes to draw job-creating foreign investment in the sector to fill the gap left by tariff-burned manufacturers.
 
A report compiled by Tsinghua University last month quoted major Taiwan-based Apple suppliers relocating manufacturing bases to Southeast Asia and warned that tariffs have speeded up the trend. A research conducted in May by the American Chamber of Commerce in China found that 40% of member companies were considering moving production out of China or had already done so.
 
The regulatory changes can also be seen as concessions to Washington, which has pressed Beijing to open up its finance and internet sectors to overseas participation. Treasury Secretary Steven Mnuchin has complained that he cannot comprehend why scrapping foreign ownership limits in the finance sector would take three years.
 
In his meeting with Xi last week, Trump assented to continue trade talks and hold off on additional tariffs on another $300 billion in Chinese imports, and hinted at a respite for black-listed telecom equipment maker Huawei Technologies. These moves are substantial enough to make trade war watchers suppose that China must have offered concessions in return beyond the announced agricultural purchases.
 
Li also sought to use Tuesday's speech to allay doubts about China's economic outlook that have intensified with the recent migrations of foreign retailers such as French multinational Carrefour and Japan's Takashimaya. He called the economy stable overall, pointing to an array of positive indicators including low unemployment and brisk startup activity.
 
But the premier seemed to have lost his bullishness from the Boao Forum for Asia in March, where he said the Chinese economy's recovery in the first quarter had eclipsed Beijing's expectations. Here, he straight acknowledged damage done by the trade war, saying the economy confronts new downward pressure and that slowing exports and investment by foreign companies are having an impact.
 
Yet, Li made no mention of particular plans for further stimulus, hinting at wariness in Beijing about pumping more money into the economy. He anticipated monetary policy will remain moderate, and on the fiscal side, noted contradictions in China's finances that have come forth with the large-scale tax cuts that have already been integrated.
 
China's manufacturing purchasing managers index came in below the boom-or-bust mark of 50 in both May and June. Xi may have succeeded in averting an escalation of the trade war, but he has yet to make headway on the on-going tariffs that continue to weigh on the economy.


Source: Tronserve

This Is the Most Powerful Robot Arm Ever Installed on a Mars Rover

Jul 4, 2019
This Is the Most Powerful Robot Arm Ever Installed on a Mars Rover
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Last month, engineers at NASA’s Jet Propulsion Laboratory tied up up the installation of the Mars 2020 rover’s 2.1-meter-long robot arm. This is the most strong arm ever installed on a Mars rover. Even though the Mars 2020 rover shares much of its design with Curiosity, the new arm was redesigned to be able to do much more complicated science, drilling into rocks to collect samples that can be saved for later recovery.
 
JPL is well known for growing robots that do astonishing work in unbelievably distant and hostile environments. The Opportunity Mars rover, to name just one example, had a 90-day planned mission but stayed operational for 5,498 days in a robot unfriendly place full of dust and wild temperature swings where even the most basic maintenance or repair is utterly impossible. (Its twin rover, Spirit, operated for 2,269 days.)
 
To learn more about the process behind building robotic systems that are suitable of feats like these, we talked with Matt Robinson, one of the engineers who designed the Mars 2020 rover’s new robot arm.
 
The Mars 2020 rover (which will be officially named through a public contest which opens this fall) is appointed to launch in July of 2020, landing in Jezero Crater on February 18, 2021. The overall design is similar to the Mars Science Laboratory (MSL) rover, named Curiosity, which has been exploring Gale Crater on Mars since August 2012, except Mars 2020 will be a bit bigger and capable of doing even more amazing science. It will outweigh Curiosity by about 150 kilograms, but it’s alternatively about the same size, and uses the same type of radioisotope thermoelectric generator for power. Upgraded aluminum wheels will be more durable than Curiosity’s wheels, which have suffered significant wear. Mars 2020 will land on Mars in the same way that Curiosity did, with a mildly insane descent to the surface from a rocket-powered hovering “skycrane.”
 
Mars 2020 really steps it up when it comes to science. The most intriguing new capability (besides serving as the base station for a highly experimental autonomous helicopter) is that the rover will be able to take surface samples of rock and soil, put them into tubes, seal the tubes up, and then cache the tubes on the surface for later retrieval (and potentially return to Earth for analysis). Obtaining the samples is the job of a drill on the end of the robot arm that can be prepared with a diversity of interchangeable bits, but the arm holds a number of other tools as well. A “turret” can swap between the drill, a mineral identification sensor suite called SHERLOC, and an X-ray spectrometer and camera called PIXL. Fundamentally, most of Mars 2020’s science work is going to rely on the arm and the hardware that it holds, both in terms of close-up surface investigations and collecting samples for caching.
 
Matt Robinson is the Deputy Delivery Manager for the Sample Caching System on the Mars 2020 rover, which discusses the robotic arm itself, the drill at the end of the arm, and the sample caching system within the body of the rover that manages the samples. Robinson has been at JPL since 2001, and he’s worked on the Mars Phoenix Lander mission as the robotic arm flight software designer and robotic arm test and operations engineer, as well as on Curiosity as the robotic arm test and operations lead engineer.
 
The way that I look at it is, when you’re making an arm that’s going to go to another planet earth, all the things that could go wrong… You have to build something that’s robust and that can endure all that. It’s not that we’re trying to overdesign arms so that they’ll end up lasting much, much longer, it’s that, given all the things that you can experience within a fairly unknown atmosphere, and the level of robustness of the design you have to apply, it just so happens we end up with designs that end up lasting a lot longer than they do. Which is great, but we’re not held to that, although we’re very excited when we see them last that long. Without any calibration, without any maintenance, exactly, it’s amazing. They show their wear over time, but they still operate, it’s super exciting, it’s very motivating to see.



This article is originally posted on Tronserve.com

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