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iQIYI’s VR-Based Ecosystem Offers New Career Opportunities for Young Artists

BEIJING, June 15, 2022 /PRNewswire/ — On Jun. 15, 2022, iQIYI Inc. (NASDAQ: IQ), an innovative market-leading online entertainment service in China, released a virtual reality (VR) painting video in honor of World Ocean Day, further cementing its commitment to building a premium VR ecosystem. iQIYI strongly believes in the potential of VR and augmented reality (AR) technologies and has, over the years, made substantial investments in building a VR ecosystem. Showcasing virtual painting, the latest VR video demonstrated that by making cutting-edge VR technologies more accessible to the general public, iQIYI’s helps create new career options for young artists. 

VR Painting Spawns A “New Profession” in the Metaverse

VR painting is one of the latest ways users create fully immerse experiences using the VR hardware and software iQIYI makes assessable. Many art hobbyists who have picked up their “brushes” in the VR world are excited by the challenge of painting virtually. Artists remarked that in comparison to traditional, two-dimensional painting, VR painting requires even stronger spatial thinking as the “canvas” is now three-dimensional. However, the process creates artworks that immersive and realistic.

Featuring artists virtually rebuilding the once-damaged ocean ecosystem, the video released on the World Ocean Day exemplifies a compelling story told through VR painting. The video inspires viewers to join force in marine protection as it shows the rebirth of coral reefs and seaweeds in an absorbing fashion.

The artist wears iQIYI’s QIYU VR headset.
The artist wears iQIYI’s QIYU VR headset.

Painting using VR also offers a new level of creative freedom for long-time artists. Newer artists revel in the challenge of painting virtually, noting that the interactive nature of VR painting makes it an exciting creative and social experience. Early this year, QIYU VR launched a VR painting game “Elephant World”, which inspired many users to share their creations in the QIYU VR community. In March 2022, iQIYI Smart also hosted a Metaverse Artist Competition for children, and the event was well received among young artists.

For many, the potential unlocked by VR painting may even lead to new future career directions. While most VR artists now paint for fun, VR painting can potentially be adopted to do clothing and architectural design. For young people, VR painting stands as a promising career possibility. 

Growing a Robust VR Ecosystem with Hardware and Content

iQIYI entered the VR market in 2016, with its investment over the years spanning content production, platform building, and hardware development. In 2017, iQIYI launched iQIYI QIYU (Adventure) VR, the first all-in-one VR product on the market in China equipped with a 4K screen. In 2021, the company introduced two flagship VR products in the span of three months. With 30 built-in free games, QIYU 3 entered the market in September and made an instant splash with its many revolutionary features, including a specially designed dual-screen solution and the iQUT future cinema. In December 2021, the company launched QIYU Dream, which, despite its cutting-edge features, was at a more affordable price point compared to market alternatives. The first batch of QIYU Dream sold out two days after the device’s official release on e-commerce channels.

Among the first long-form video companies in China to invest in the VR software and hardware ecology, iQIYI is now an established VR manufacturer in China. According to International Data Corporation (IDC), a premier global provider of market intelligence, in Q4 2021, QIYU’s omnichannel sales in China increased by 475.9% year-on-year, consolidating a 22.5% overall market share. In 2021, iQIYI QIYU accounted for 27.4% of the overall VR products sold via digital channels in China. 

A Future of Possibilities

Statista, an online statistics database, estimated that the size of the global VR / AR market may exceed $12.1 billion in 2024, with the compound growth rate from 2021 to 2024 potentially going beyond 36%. Looking ahead, iQIYI is committed to further cementing its leadership position in the market through making VR hardware even more accessible, while growing an innovative VR content ecology featuring arts, dramas, films, variety shows, and games.

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EDNS Announces the Beta Release of EDNS Message, Integrating Mobile Messages in Web 3.0

SINGAPORE, June 14, 2022 /PRNewswire/ — EDNS proudly announces the beta release of EDNS Message, a feature on top of EDNS Platform that integrates Mobile messages into Web 3.0 technology. This feature is the first ever in the blockchain market to connect Web 3.0 with traditional telecom services as a way to protect the transaction security of digital assets.

EDNS Message Beta Ver Released
EDNS Message Beta Ver Released

EDNS is a EVM-based blockchain solution for name and lookup service. It allows blockchain users to translate their machine-readable addresses to human-readable addresses. It provides a Decentralized Domain Naming Service for Web3.0-related demands, including digital Wallet, Web hosting, Web3.0 ID in the Digital world. Moreover, to serve a wider range of users, EDNS will expand to support more blockchains, and ultimately become a multichain platform. 

The current issue we are facing

The digital wallets in the market only allow peer-to-peer transactions based on public addresses that are pseudo-anonymous, users can not tell who initiates it or who the recipient is. Nor can they communicate with the recipient of that transaction.

Now that’s where EDNS comes in.

EDNS is here to solve with EDNS Message

The EDNS Platform powered by EDNS, which allows users to create a universal nickname for all their public addresses and decentralized websites, launched on Apr 12th, 2022. With an ambition to bridge the gap between Web 2.0 and Web 3.0, EDNS has achieved several milestones including the success of rolling out the beta release of EDNS Message.

Being the first of its kind in the Web3.0 space, EDNS Message comes with a unique feature that makes domain-to-mobile communication come true, which brings back telecommunication to the contemporary Web 3.0. This function is convenient and secure in that users can now send messages to each other within EDNS networks freely through their registered domain and phone number.

Use case: two-factor authentication

EDNS Message tackles the issue lurking in existing decentralized solutions – wallet transactions fail to determine the identity of the recipient, which easily causes wrong transactions or even funds to be stolen. With your phone number associated with the system, EDNS Message can secure wallet access and transaction confirmation by verifying through messages received by the user as a two-factor authentication step.

EDNS Message Public Test

EDNS has launched the EDNS Message Public Test Campaign to encourage users to try out this function recently. Interested users can now follow EDNS’ official channels for more information.

In the meantime, EDNS CEO Ms. Joey Lam showcased her excitement about EDNS Message beta release saying, “the EDNS team is privileged to help the world match towards the Web 3.0 horizon with state-of-the-art technology. ” She added, “EDNS Message will create a unique user experience in Web 3.0 with their digital asset transaction safeguarded by ENDS technology.”

What’s next at EDNS?

EDNS has more features in the pipeline that will significantly enhance web security and digital asset protection to realize its goal of bringing to the market the best-decentralized scaling solution for Web 3.0 in the domain frontier. EDNS will also provide decentralized storage, decentralized Web Hosting, and Web building services that push Web 2.0 towards a truly decentralized future.

Follow EDNS for our latest updates and announcements:
Website: http://edns.domains/
Twitter: https://twitter.com/ednsdomains
Linkedin: https://www.linkedin.com/company/79088898
Telegram: https://t.me/edns_community
Discord: https://discord.com/invite/XesptqUUmm
Medium: https://medium.com/@edns.domains
Facebook: https://www.facebook.com/ednsdomains
Youtube: https://www.youtube.com/channel/UCG-v-5UlRKCyPYsJts2zxfA?sub_confirmation=1

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H3C Kicks Off the Digital Tour 2022 in Japan, Embracing New Opportunities in the Global Digital Economy

TOKYO, June 15, 2022 /PRNewswire/ — H3C, a leader in digital solutions, kicked off its Digital Tour 2022 in Japan recently. Themed “Together, For A Digital Future”, the event aims to empower the digital transformation of customers and partners in Japan.


As the first stop of the H3C Digital Tour 2022, the event gathered more than 200 business leaders, experts, scholars, customers and partners in the ICT industry to discuss the new opportunities and challenges to the Japan market.

Japan has been committed to accelerating its transformation into a digital-driven high-income country since it established the Digital Agency. Japan is one of the key markets for H3C international business. With its mature technologies, products and solutions, H3C is actively working with local customers and partners to promote the digital transformation across various industries.

Peter Pi, General Manager of H3C Japan, said, “H3C has made great progress in international businesses through close cooperation with our partners. For our end-users and partners in Japan, our business team in Japan will respond to H3C’s international strategy of cultivating a healthy ecosystem and developing scenarios-based solutions, targeting green development, zero carbon, cost reduction and efficiency improvement. We expect to grow together with local partners by building a long-term, stable and win-win ecosystem, to help accelerate Japan’s digitalization.”

At the event, Sada Katsuhiro, Sales Director of H3C Japan, delivered a keynote speech with the topic “Grow with You, H3C for Japan 2022″. He addressed, “helping partners solve various problems encountered in the process of digitization is the important tasks for us. H3C, with rich industry experience and its full-stack products and solutions, is able to provide customized support to partners in response to their pain points in business. Growing together with partners is one of the important strategies of H3C in Japan.” Besides, Xiong Di, Solution Manager of H3C Japan, also gave a keynote speech on “Realizing Digital Transformation with Scenario-based Solutions”, elaborating on the latest products and solutions that H3C can provide for different scenarios including public and enterprise networks, internet service providers (ISPs) and small-to-medium-size businesses (SMBs).

Additionally, six customer representatives were invited to share the pain points in their ICT businesses and their experience of using H3C products by the panel discussion. They also expressed their expectations for the future development of H3C, “H3C has always been supporting us to meet with the digital era by excellent products and solutions, which convinces us that the digital transformation in Japan will be even faster and easier.”

Looking ahead, H3C will be dedicated to exploring new opportunities for digital transformation in the ICT industry and helping local government and enterprise customers realize digital transformation with its practical experience and convergent scenario-based solutions for various industries.

This Digital Tour is another major presence of H3C in the Japan market following the 13th EDIX Tokyo. From June 15 to 17, H3C will also be attending the Interop Tokyo 2022 to showcase its full-stack products and to further demonstrate its brand strength and confidence at this Japan’s largest ICT exhibition. H3C will continue to organize a series of Digital Tour events around the international market, to effectively support the digital transformation of its customers and partners globally and to power the high quality development of the global digital economy.

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Raythink Completes Series A+ Financing to Accelerate Mass Production of In-Vehicle AR Displays

SHENZHEN, China, June 14, 2022 /PRNewswire/ — Raythink, a world-leading ARHUD solution provider for the automotive and transportation industry, announced that it has raised around $15 million in a Series A+ funding round led by Chengwei Capital, with China Unicom’s subsidiary, Unicom Innovation Venture Capital, as co-investor.

“Chengwei Capital and Raythink have partnered for a long time, and we are honored to work together as they further develop,” said Pei Kang, Managing Partner of Chengwei Capital. “Optical technologies and AR display are Chengwei Capital’s long-term focus. Raythink’s extensive experience in the underlying hardware, software, and algorithms, together with its ability of developing core components independently, has differentiated it from other players in the market and reaffirmed our confidence in the company. Raythink is celebrating its third anniversary this year. During the past three years, it has achieved significant milestones and grown into the near-unicorn status from a mere start-up. We believe Raythink will continue to achieve in the long term, facilitating acceleration in the growth of the whole of China’s AR display sector.”

Founded in 2019, Raythink is a provider of solutions integrating intelligent transportation, assisted driving and AR display. The company’s core technologies include optics, picture generation units (PGUs), AR Generator® SDK, algorithms and hardware. Raythink has successfully developed unique large field of view AR HUD products with automotive-grade mass production capacity.

The company’s headquarters and main production facilities are located in Shenzhen, with R&D centers worldwide, including the Changsha Embedded Software Application Service Team, the Taipei Optical Innovation R&D Center, and the Bangalore Algorithm and Software Development Center, all of which are focused on the development of next-generation automotive human-machine interfaces (HMIs). Raythink holds more than 100 invention and innovation patents covering AR navigation, Forward Collision Warning (FCW), Pedestrian Collision Warning (PCW), Lane Departure Warning (LDW) and other driver safety systems made possible by naked eye AR technology.

Raythink Completes Series A+ Financing to Accelerate Mass Production of In-Vehicle AR Displays
Raythink Completes Series A+ Financing to Accelerate Mass Production of In-Vehicle AR Displays

Raythink Receives IATF16949 Quality Management System Certification, a Milestone for 2.0 AR HUD

The company recently announced that it has obtained IATF16949 quality management system certification, demonstrating that its research and development, production and management systems fully meet the management standards required by the automotive industry whereby the management of all processes adopts an approach that is, at all times, systematic, scientific and standardized. The certification lays the foundation for further expanding the deployment of Raythink’s mass-produced AR HUDs in more mainstream vehicle models, and will further accelerate the application of next-generation human-computer interaction solutions in an increasingly wide range of smart connected cars and smart cockpit scenarios.

New AR HUD Solution Has Won Recognition from and Led to Partnerships with Multiple Customers

Raythink provides three types of AR HUD products covering 1-3 lanes for high-, medium- and low-end vehicles: the AR HUD PRO, the AR HUD, and the Mini AR HUD solution for entry-level vehicles with limited space. These offerings are also very advantageous in terms of size compared to their industry counterparts.

In the application scenario for passenger vehicles, AR HUDs are gradually becoming the core of intelligent cockpit interaction that integrates guidance, safety and entertainment. Raythink’s products and technologies are recognized by the industry and are actively being integrated into the development of intelligent cockpits. Raythink has signed strategic partnership agreements and is already working with the world’s leading Tier 1 component providers to develop several proof of concept (POC) projects. Leading to way to mass production of AR HUD products, Raythink has also won the bid from many name brand carmakers for the POC of their center consoles as well as for the development of their fixed-point projects.

As for rail transportation, Raythink is collaborating with China Railway Signal & Communication to develop an intelligent assisted driving system capable of providing high-speed trains with intelligent assistance based on 5G IOT communication, optical perception and intelligent human-machine interaction. In addition, the system expects to redefine train navigation with an assisted driving solution for next-generation high-speed trains, by incorporating large-optical-size naked eye AR imaging technology. The system is currently undergoing field system testing, is ready for mass production and is scheduled to soon be deployed across China’s high-speed train network.

AR display products are on track to witness a brisk rate of adoption across the passenger car market. Raythink expects to seize the first mover advantage by accelerating the iteration of technologies, products and services, as well as by adding headcount and expanding production capacity. The company will continue to collaborate with players in both the upstream and the downstream to build an ecosystem covering the industry chain with the goal of jointly boosting the rapid development of assisted driving applications and deliver safer human-machine interaction solutions to the world.

Contact us @www.raythinktech.com

Media Contact: Sarah yang, +86-755-2870-5357, sarah.yang@raythinktech.com

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Huawei and China Telecom Launch Innovative 5.5G Super TimeFreq Folding

BEIJING, June 14, 2022 /PRNewswire/ — Huawei and China Telecom jointly held a release conference to launch Super TimeFreq Folding, an innovative 5G-Advanced technology, and demonstrate related lab test results. Liu Guiqing, Deputy General Manager of China Telecom, and Ryan Ding, Huawei’s President of the Carrier BG, delivered speeches at the conference. Zhang Xin, General Manager of the 5G Co-construction and Sharing Working Group of China Telecom, and Gan Bin, Vice President of Huawei Wireless Solution, also delivered keynote speeches.

Launching Super TimeFreq Folding at the release conference
Launching Super TimeFreq Folding at the release conference

Through continuous innovation, 5G industry applications, such as machine motion control, multi-machine collaboration, and machine vision AI inspection, have become increasingly essential in core production processes, raising extremely high requirements on latency, reliability, and uplink bandwidth. Take latency as an example. A latency of or lower than 1 ms, 4 ms, and 10 ms is required in about 15%, 35%, and 30% of industrial control protocols, respectively. As such, how to fulfill the ultimate network requirements of core production processes has become an urgent technical challenge in the industry.

China Telecom and Huawei have been jointly innovating technologies to address major challenges in different stages of 5G development. They have launched the Super Uplink and Super Frequency Fusion technologies, which boost 5G uplink capabilities and raise the utilization of discrete spectrums, respectively. As the newest in such ‘Super’ series, Super TimeFreq Folding simulates the FDD air interface through uplink and downlink time-domain complementation of dual TDD carriers, leveraging both the TDD large bandwidth and low latency over the FDD air interface. On the 3.5 GHz band, Super TimeFreq Folding can provide an uplink equivalent bandwidth of up to 100 MHz and reach an uplink peak rate of more than 1 Gbps while shortening the E2E latency from 10 ms to less than 4 ms. The use of mmWave in the future will further slash the latency to less than 1 ms. Featuring large uplink bandwidth, low latency, high reliability, and ultra-large network capacity, Super TimeFreq Folding can better meet 5G performance requirements of core production processes; help industry customers improve quality, reduce costs, and increase efficiency; and accelerate industry digital transformation.

With collaboration among China Telecom, Huawei, and all other industry partners, 5G will become a new momentum driving China’s high-quality economic development and usher the beginning of a smart world.

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DFI New-Gen ADS Series Embedded Computing Solutions for Intelligent Workload Optimization

TAIPEI, June 14, 2022 /PRNewswire/ — DFI is releasing the new ADS Series of embedded computing solutions powered by the 12th Gen Intel® Core™ SoC processors. The new hybrid architecture combines the P-Core and E-Core for intelligent computing resource allocation to increase visual computing efficiency by 50%, significantly enhancing the performance and efficiency of automated production lines and graphic applications simultaneously.

The new-gen ADS Series computing solutions are available with industrial motherboards and embedded systems, covering various form factors from SBC, Mini-ITX, microATX, ATX to fanless computers. These solutions are designed to meet the needs of industrial control, surveillance, traffic flow analysis and other vision computing at the edge.

Industrial Motherboard

3.5″ SBC: S53-ADN

4″ SBC: ADP253

Mini-ITX: ADS101/ADS103, ADP171/ADP173

microATX: ADS310-R680E/Q670E

ATX: ADS630-R680E/Q670E

Computer-on-module

COMe Compact: ADP968

COMe Mini: ADP9A2

HPC Embedded Systems

Fanless: EC500-ADS, EC510/EC511-ADS, EC543-ADS

Mini-ITX System: WM120-ADS

ATX Walk Mount: WM343-ADS

The Intel® Alder Lake processor-based ADS Series utilizes the all-new hybrid architecture of Performance Cores and Efficient Cores (P-core and E-core) to achieve high-performance computing with lower power consumption and intelligently make instant, optimal adjustments to workloads and workflows. With Deep Learning Boost (DL Boost) and Vector Neural Network Instruction Set (VNNI), deep learning can be further accelerated and provides accurate and fast inferencing results for visual computing applications such as defect inspection and AGV/AMR.

Besides the new hybrid architecture, the ADS Series also supports PCIe 5.0 high-speed signal transmission for the first time, achieving a data transfer speed 2X faster than the previous-gen PCIe 4.0. Faster DDR5 memory is also supported to boost data read and write speeds up to 4800MT/s, accelerating the processing speed of numerous data and images for AI and computer vision.

Numerous data transfers, shares and backups are processed through the high-speed 10GLAN on the ADS Series Computers, significantly improving operating efficiency. Also, the wireless high-bandwidth Wifi 6E is supported for the first time with speed transmission up to 6GHz (1.4X faster than Wifi 5 and Wifi 6), making device deployment more flexible and collaboration more real-time and seamless.

In addition, the ADS Series supports 8K resolution with clarity and precision, surpassing the resolving power of the human eye by more than ten times. The result provides greater detail for image processing as well as streaming video and enhances the accuracy of the image and visual computing.

The new ADS Series is designed to help integrators maximize the use of each device, reduce configuration, and lower costs. While improving overall computing performance and efficiency, the ADS Series is also equipped with I/O virtualization of GFX SR-IOV for the first time. It allows the GPU of a virtual machine (VM) to be distributed at near-native performance levels, significantly reducing the latency caused by the software-based virtual machine. The proof of concept (POC) of SR-IOV with Intel also confirms the VM frame rate remains at 60fps, equal to the native GPU performance (the traditional software-based performance is 28 fps frame rate).

DFI’s new ADS Series of industrial computers offers a full range of performance and efficiency optimizations. From data reading/writing speeds to the transfer to AI computing, the new-gen computing brains will bring unprecedented intelligence and speed to the heavy workloads of AI vision applications, factory automation, medical and retail industries.

Key Features:

  • Powered by 12th Gen Intel® Core™ with the hybrid architecture of CPU and GPU
  • Intelligent work sequencing to optimize workloads
  • Optimal AI technology, supporting AI accelerator cards for accurate inference
  • Support PCIe 5.0, DDR5 high-speed data reading/writing
  • Ultra HD 8K display
  • Support high-speed 10GLAN, 2.5G LAN and 5G, Wifi 6E wireless networks

Main Applications:

Factory Automation

  • AOI defect inspection
  • AGV/AMR
  • AI vision
  • Robotic arm
  • Virtual machine for equipment integration on production lines

Medical

  • Medical Imaging
  • AI Diagnostic Assistance

Retail

  • Interactive digital signage

Traffic

  • Traffic analysis

For more information, please visit: https://www.dfi.com/ or contact us. Email: dfimarcom@dfi.com 

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6th World Intelligence Congress: From strength to strength

BEIJING, June 14, 2022 /PRNewswire/ — A news report by China.org.cn on the 6th World Intelligence Congress:

 

Smart ports, smart factories, smart shopping… Soon, people will have the chance to experience a whole host of smart technologies online and glimpse what life will be like decades from now.

The 6th World Intelligence Congress (WIC) will kick off online in Tianjin on June 24. It will bring together prominent guests including Nobel Prize and Turing Award winners. Fortune 500 companies and leading smart tech enterprises in China and worldwide will take part in the event via various online channels. A range of online smart technology-based competitions will also be held, and an event to find the most innovative smart technology applications will be staged for the first time. All in all, there is a lot to be excited about.

This is the sixth year the WIC is being held. As one of the leading events in the field of smart technology globally, it has made many substantial achievements in the past five years to boost the development of next-generation AI and deepen global exchange and cooperation. Here are a few of the most impressive aspects.

First, a huge number of the latest sci-tech achievements have been exhibited. In previous years, robots that perform in the orchestra, smart healthcare cabins which can rapidly analyze people’s physical condition, smart homes, smart transport, intelligent anti-pandemic equipment, and various other cutting-edge products and technologies have all been exhibited. Over the past five years, many innovation achievements, such as a report on talent development in the AI industry and a white paper on digital healthcare, have been released during the event. A series of effective measures have also been introduced to improve the intelligent capacity of various sectors and comprehensively implement national strategies in Tianjin. This also reflects current trends in the global smart tech sector.

Second, international communication and cooperation have been effectively deepened. Since the WIC was first launched in 2017, guests from a total of 57 countries and regions have gathered in Tianjin, with Japan and Singapore previously being the guests of honor. The Global Forum on Urban Governance was also held in 2021, with dignitaries and ambassadors from 41 countries and organizations participating and pursuing development through mutual learning. By hosting the high-level WIC, Tianjin has created an even larger platform which contributes to international cooperation in more fields.

Third, intelligent technologies have been deeply integrated in socioeconomic development. The host city Tianjin is committed to building a national advanced manufacturing R&D base. It adheres to the principle of “manufacturing as a pillar industry of the city,” develops a “1+3+4” industrial system, and takes the lead in building an international consumption center city. In the past five years, taking the opportunity of the WIC, Tianjin’s smart technology industry cluster has grown stronger. Companies such as TCL, Lenovo and Kylinsoft have settled here; the construction of smart ports has achieved solid results; and smart applications in fields including elderly care and healthcare have been extended to over 188 settings. As the only city in China with both a national-level Internet of Vehicles (IoV) pilot zone and AI innovative development pilot zone, Tianjin is currently building an industrial cluster of “AI innovative applications plus IoV,” injecting new impetus into the city’s high-quality development.

The WIC has iterated for several years and continues to amaze people. These efforts show China’s wish to work closely with other countries to drive new developments in AI and to help more people around the world. The new achievements in AI and a new generation of information technology are constantly bringing new hopes for humanity.

After five years of development, we are confident that the 6th WIC will be bigger and better than ever before.China Mosaic

http://chinamosaic.china.com.cn/index.htm

6th World Intelligence Congress: From strength to strength

http://www.china.org.cn/video/2022-06/14/content_78269114.htm

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Tuya Smart Partners with Telkom to Launch IoT Services in Indonesia Using Cube Solution

JAKARTA, June 14, 2022 /PRNewswire/ — Tuya Smart (“Tuya” or the “Company”) (NYSE: TUYA), a leading IoT development platform service provider, and Telkom, Indonesia’s largest telecommunication company, today announced a new partnership using Cube Solution to launch value-added, cloud-based services and products in Indonesia.

Using Tuya’s private IoT service deployment solution, Cube Solution, Telkom launched a consumer segment smart home service, IndiHome Smart, and a small and medium-business solution, sooltanCam. IndiHome Smart is Telkom’s smart home IoT system that enables users to integrate and control smart home devices anywhere by using their smartphone. Backed by Tuya Smart, IndiHome Smart is brand neutral, allowing popular Indonesian smart home brands, including Bardi, Hannochs, Den, and Arbit to be controlled from within the IndiHome Smart app. By integrating with Indonesian original equipment manufacturers (OEMs), Telkom is able to adopt an asset-light model to easily offer new services to clients across Indonesia.

SooltanCam allows for remote business monitoring through IP cameras with Cube Solution-backed cloud storage features for added security for IP cameras. Launching these products on Cube Solution allows for improved value-added services for consumer and business customers and creates potential for further product upgrades. Both products enable users to subscribe for new post-sale services to continue to upgrade their smart systems.

Telkom is one of the first major clients of Tuya Smart’s new product, Cube Solution. Cube Solution is a cloud-agnostic private IoT service deployment solution. On Cube Solution, developers can build a scalable private IoT platform to handle device management, connectivity, application development, and data analytics. Cube Solution allows businesses to connect and manage IoT devices, rapidly develop applications, provides data security services, and system auto-scaling, all backed by Tuya’s proven IoT PaaS. Cube Solution helps enterprises keep pace with the ever-changing demand for IoT technology adoptions in business and create personalized IoT platform operations for every industry vertical, every scenario at a fast speed. For instance, smart home brands are able to implement effective data analytics on Cube Solution to ensure product upgrades and design, while real estate companies look to Cube Solution to provide a private IoT platform for property projects such as smart communities, smart office buildings, and smart homes.

Cube Solution adopted a five-module structure: IaaS, a cloud-native PaaS, an IoT Core base, the IoT capability extension, and the application development and integration platform – providing full technical support for SaaS deployment. More than 40 functional components are encapsulated in the five modules, providing customers a selection of on-demand products and complete private deployment at lower costs.

“Through the development of the new IndiHome Smart business model, customers can buy smart home devices through the official IndiHome Smart online store (homesmart_id) according to their needs. Then customers can connect their smart home devices with the IndiHome Smart application and subscribe to value-added services at IndiHome Smart. Cube Solution ensures that our customer experience seamless, secure, and stable,” said E. Kurniawan, Telkom’s Vice President of Marketing Management. “IndiHome Smart is now focused on developing intelligent home services to make the customer experience even more seamless and user-friendly,” he added.

“We are thrilled to partner with Telkom to improve Indonesia’s cloud-based services and leverage our state-of-the-art technologies to enhance the Telkom customer experience. Having launched Cube Solution earlier this year, the product has already had early success helping companies quickly introduce new secure and convenient value-added services,” said Eva Na, Vice President of Marketing and Strategic Cooperation and CMO of Tuya Smart.

With Cube Solution launching a suite of successful value-added services in Indonesia, both companies are looking forward to future collaborations. Telkom is Indonesia’s largest telecommunications operator, with 130 million mobile subscribers and a market share of more than 50% that includes a large demand for cloud storage value-added service for IP cameras. Through the power of the cloud, Telkom’s systems and smart products are rapidly able to interconnect and build seamless business and smart home experiences. As consumer and business needs evolve, both firms can adapt and launch improved products and services in the future.

About Tuya Smart

Tuya Smart (NYSE: TUYA) is a leading technology company focused on making our lives smarter. Tuya does this through offering a cloud platform that connects a range of devices via the IoT. By building interconnectivity standards, Tuya bridges the intelligent needs of brands, OEMs, developers, and retail chains across a broad range of smart devices and industries. Tuya solutions empower partners and customers by improving the value of their products while making consumers’ lives more convenient through the application of technology. Through its growing commercial SaaS business, Tuya offers intelligent business solutions for a wide range of verticals. The Company’s platform is backed by industry-leading technology complete with rigorous data protection and security. Tuya partners with leading Fortune 500 companies from around the world to make things smarter, including Philips, Schneider Electric, Lenovo and many others.

About IndiHome

IndiHome as a leading fixed broadband service owned by PT Telkom Indonesia (Persero) Tbk provides three main services, Internet, Telephone and Interactive TV. IndiHome is the market leader for fixed broadband services in Indonesia with more than 8.5 million subscribers by the end of 2021. IndiHome has reached 498 out of 514 cities/regencies, even the 10 outermost islands in Indonesia, namely Bintan, Karimun, Kei, Alor, Simeulue, Weh, Sebatik, Rote, Sabu and Nusa Penida). IndiHome fiber optic stretches for 166,343 kilometers from the city center to remote villages throughout the archipelago or the equivalent of 4 times the circumference of the earth. Provides a wide selection of interesting content ranging from Interactive TV services, Minipack Channel TV, add-ons, 10 OTT partners including Disney+ Hotstar, Vision+, VIU, CATCHPLAY+, MOLA, Vidio, WeTV, Lionsgate Play, HBO Go, and Gameqoo. Furthermore, IndiHome also has the highest number of channels up to 238 channels that can be offered to customers. For more information about IndiHome, visit www.indihome.co.id.

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Thailand BOI Approves US6.2 Billion in Investments, Including Foxconn-PTT’s EV Venture, and Improved Battery, Smart Zones Incentives

BANGKOK, June 13, 2022 /PRNewswire/ — The Thailand Board of Investment (BOI) at a meeting today approved a combined 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, including 36.1 billion baht by Horizon Plus Co., Ltd., a joint venture between Taiwan’s Foxconn and Thailand’s PTT PCL, to make battery electric vehicles (BEV), and approved enhanced benefits for investment in battery production, building up on the policy to become Southeast Asia’s EV manufacturing hub. The board also approved a set of improved incentives to promote investments in smart industrial estates and smart systems, including upgrades of existing industrial estates.

Thailand Board of Investment (BOI) Secretary General Ms. Duangjai Asawachintachit announced today after a Board meeting the approval of a total of 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, as well as enhanced benefits for investment in battery production, and smart industrial estates and smart systems.
Thailand Board of Investment (BOI) Secretary General Ms. Duangjai Asawachintachit announced today after a Board meeting the approval of a total of 209.5 billion baht (US 6.2 billion) worth of investment applications in manufacturing and infrastructure projects, as well as enhanced benefits for investment in battery production, and smart industrial estates and smart systems.

“The roll out over the last three years of the measures to boost investment in EVs is already showing clear results and by improving the incentives for battery production, an essential element of the industry’s transition, we hope to further strengthen the supply chain,” Ms Duangjai Asawachintachit, Secretary General of the BOI, told reporters after the BOI meeting chaired by Prime Minister Gen Prayut Chan-ocha.

Both existing and new projects using advanced technology in the production of EV batteries, from battery cells to battery modules, and in the production of high energy density batteries, will under the revised benefits enjoy a 90 percent reduction of import duty on raw and essential materials for 5 years in cases where the output is sold domestically, Ms Duangjai said.

So far, a total of 16 projects, with a combined investment value of 4.82 billion baht, by 10 different companies, have been granted promotion benefits for investments in the manufacture of EV batteries, while another 3 projects, with a combined investment value of 6.75 billion baht, have been promoted for investment in high energy density batteries, she said.

Smart Industrial Estates Incentives

The board also approved an improved package for the promotion of investment in smart industrial estates/zones as well as an incentive package for upgrading existing general industrial estates/zones. To apply for promotion or upgrade conventional facilities to smart industrial estates/zones, the projects must provide intelligent system services to their customers in five key areas, namely Smart Facilities, Smart IT, Smart Energy, Smart Economy, and at least one of the three other intelligent system services, namely Smart Good Corporate Governance, Smart Living, and Smart Workforce, Ms Duangjai said.

Investment promotion benefits now also extend to investments in the development of smart systems for use in industrial estates and zones. The approved projects will be granted an 8-year corporate income tax exemption, and those located in the country’s Eastern Economic Corridor (EEC) area, will enjoy a 50 percent corporate income tax reduction for an additional period of 5 years.

While investments in smart industrial estates and zones require at least 51 percent Thai shareholders to be eligible for the benefits, there is no shareholding limit for investments in the development of smart systems.

Facilitation of Land Ownership for Foreign Juristic Persons

To facilitate the operations of international companies investing in Thailand, the board also approved a measure allowing BOI promoted foreign juristic persons with registered and paid-up capital of not less than 50 million baht to own land to setup offices and residential quarters for executives and foreign experts.

“The measure represents a major step in business facilitation, because land ownership is one of the very important factors when it comes to attracting foreign investment,” Ms Duangjai said.

Project Approvals

Besides the Horizon Plus project, the investment applications approved by the board today comprise the following:

Asia Era One Co., Ltd. received approval for its 162.3 billion baht investment to build a high-speed rail project connecting the three airports located in Bangkok and the EEC.

The Kingboard Holdings Group, a Chinese company, received approval for its total 8.23 billion baht investment in technical fiberglass yarn and fabric for use in the production of multi-layer PCB.

IRPC Clean Power Co., Ltd. received approval for the 2.83 billion baht expansion of its cogeneration power plant.

For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand

 

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LG Energy Solution Sets Up Special Advisory Council of Global Artificial Intelligence Experts

  • New council established to drive company’s digital innovation and promote manufacturing intelligence
  • Five global AI experts specializing in various crucial sectors assigned to spearhead key technological tasks

SEOUL, South Korea, June 12, 2022 /PRNewswire/ — LG Energy Solution (LGES; KRX: 373220) today announced the launch of its Advisory Council on Artificial Intelligence (AI).

Joining forces with leading scholars specializing in AI technology, the Advisory Council is expected to play a major role in LGES’s digital transformation and the establishment of a manufacturing intelligence platform.

The newly formed council will set visions and business directions to enhance the company’s digital transformation, as well as build the technological partnerships required to realize these ambitions. Accordingly, the council comprises five following divisions:

  • Big data / AI
  • AI systems
  • AI algorithms
  • Robot mechanics & Computer Vision
  • Advanced Process Control and Process Optimization

 The company has appointed five AI experts as its committee members: Sungroh Yoon (Ph.D, Electrical Engineering, Stanford University), Byung-Gon Chun (Ph.D, Computer Science, University of California, Berkeley), Jinwoo Shin (Ph.D, Mathematics, Massachusetts Institute of Technology), Frank Chongwoo Park (Ph.D, Applied Mathematics, Harvard University), and Jong Min Lee (Ph.D, Chemical Engineering, Georgia Institute of Technology).

Each advisory member will be assigned to a different division, and oversee the selection and execution of strategic assignments within their respective area of expertise. The members will also actively participate in determining key technological tasks utilizing AI, particularly in executing AI tasks for establishing smart factories, as well as fostering the next-generation AI professionals.

“LG Energy Solution is consistently executing several projects for digital innovation that maximizes both the efficiency and precision of its manufacturing processes,” said Youngsoo Kwon, CEO of LG Energy Solution. “With the Advisory Council, we will expedite the promotion of manufacturing intelligence, as well as the establishment of smart factories.”

Prior to establishing this forward-thinking council, LG Energy Solution has been working towards digital transformation based on improving the quality of its batteries and maximizing the efficiency of the supply chain.

As part of its efforts, LG Energy Solution welcomed Dr. Peter Kyungsuk Pyun, former Nvidia Corporation data scientist, as Chief Data Officer (CDO). Dr. Pyun is currently executing digital transformation projects across several areas including R&D, production, and marketing.

About LG Energy Solution

LG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 24,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V. and Hyundai Motor Group. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution’s ideas and innovations, visit https://www.lgensol.com.

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