Tag Archives: TRN

Cohesio Group to bring Silicon Valley’s Fetch Robotics solutions to Australia and New Zealand region

MELBOURNE, Australia and SAN JOSE, Calif., June 12, 2020 /PRNewswire/ — Technology solutions provider Cohesio Group (Körber Supply Chain) has announced it has formed a partnership with autonomous mobile robot (AMR) provider, Fetch Robotics. The two leading providers will collaborate to help retailers and logistics providers in the Asia Pacific region to deliver advanced automation through flexible and scalable solutions. 

Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch's flexible and scalable AMR solution in Australia and New Zealand.
Cohesio Group (Körber) partners with Fetch Robotics to deploy Fetch’s flexible and scalable AMR solution in Australia and New Zealand.

Formed in 2014, the California-based intralogistics automation company pioneered the world’s first cloud robotics platform for delivering on-demand automation in any facility.

Fetch Robotics is unique in that it provides a cloud robotics platform that autonomously moves and tracks virtually anything in any warehouse or manufacturing environment ranging from parts as small as a transistor to pallets weighing 1500 kilograms.

Headquartered in Silicon Valley, Fetch Robotics provides the only autonomous mobile robot solution that deploys in hours as opposed to days or weeks.

The intralogistics provider has received a number of accolades including being named as a Leader in IDC MarketScape for Autonomous Mobile Robots for General Warehouse Automation 2019, being recognised by Fast Company in the category of Most Innovative Company and named as a Technology Pioneer by the World Economic Forum in 2018.

Cohesio Group will add Fetch Robotics to its already extensive portfolio of enterprise-graded solutions spanning automation, voice enabled technologies, handheld devices and workflow optimisation.

The leading technology solutions provider has recently deployed solutions for CEVA Logistics, Wesfarmers and Bollore Logistics to name a few, providing efficiency and productivity gains upwards of 200 per cent.

In Asia Pacific, the industrial robotics market is expected to grow by more than 13 per cent and is set to reach AUD $151 billion by 2026, according to data released by market research provider Research and Markets. Increasing customer demand is a major driving factor in this, and Cohesio Group has been at the centre of major automation deployments in the Asia Pacific region.

“Fetch Robotics is a market leader in automation. At Cohesio we always want to offer our clients the very best and latest technology in automation and have therefore made the decision to broaden our portfolio in partnering with Fetch Robotics. We know the demand for automation in this region is growing, and we want to ensure we can offer a full range of products and services to our customers to help them meet this challenging demand,” Nishan Wijemanne, CEO of Cohesio Group said. 

“We are excited to partner with Cohesio Group. We know that Cohesio has a reputation in this region for working closely with its customers to establish flexible and agile automated solutions. In Cohesio we have found a partner who is pushing the boundaries of what is possible in automation and technology and is committed to innovation across the entire supply chain. For this reason, we are very excited to see what we can achieve together in the fast-growing Asia Pacific e-commerce market,” Melonee Wise, CEO of Fetch Robotics said.

“The Fetch Robotics solutions offer immediate efficiency gains around travel and labour time. The robots can be fully operational in a matter of hours and do not require extensive changes to warehouse environments or existing processes. Providing significant efficiency and productivity gains, warehouse operators instead have the time to focus on higher-level and more productive tasks,” Ravi Nath, Head of Automated Solutions at Cohesio Group said. 

Cohesio Group was acquired by international logistics giant Körber in September last year. It was recently announced that Cohesio Group would join eleven other sister companies under the umbrella Körber Supply Chain as part of a global rebrand. The united brand will become a leading international technology provider with a diverse range of capabilities spanning software, automation, voice, robotics and material handling equipment.

About Fetch Robotics

Fetch Robotics is an award-winning intralogistics automation company headquartered in Silicon Valley. By combining autonomous mobile robotics with the power of the cloud, the Fetch Cloud Robotics Platform provides on-demand automation solutions for material handling and inventory management, with the power to find, track, and move almost anything in any facility. Fetch Robotics’ solutions and services are deployed in leading distribution, fulfillment, and manufacturing centers around the world, augmenting workforces to drive increased efficiency and productivity. For more information, please visit www.fetchrobotics.com or follow the company on Twitter @FetchRobotics.

About Cohesio Group

Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com 

Photo – https://photos.prnasia.com/prnh/20200612/2827716-1?lang=0

Swedish FMV Selects iXblue’s Quadrans Navigation System to Equip Its Fleet of High Speed Crafts

SAINT-GERMAIN-EN-LAYE, France, June 11, 2020 /PRNewswire/ — The Swedish Defence Materiel Administration (FMV) has recently signed a contract with navigation company iXblue for up to 172 FOG based Quadrans gyrocompasses. Delivered over the span of 4 years, the Quadrans navigation systems will equip the Swedish Navy’s fleet of high speed crafts, mainly combat boats CB90.

Combat boats CB90 – Swedish Navy
Combat boats CB90 – Swedish Navy

“The FMV was seeking new maintenance-free and high-performance gyrocompasses for the retrofit of their fleet of high speed crafts. Our Fiber-Optic Gyroscope (FOG) technology having no moving parts and offering exceptional reliability, was identified as an ideal solution to keep maintenance costs down,” states David Cunningham, Commercial Director at iXblue. “Another key aspect was the performance delivered by these gyros. The CB90 vessels are indeed very fast boats and need the most reliable and accurate heading and attitude data to navigate safely. Our Marins Series Inertial Navigation Systems being already in service on the Gotland-class submarines and Koster Class MCMV’s, and our Quadrans gyrocompasses equipping other surface boats in the Swedish Navy fleet, the FMV was familiar with the high-performance delivered by our systems and knew the Quadrans met the specific requirements needed for the CB90.”

Built around the Fiber-Optic Gyroscope technology pioneered by iXblue, the Quadrans gyrocompasses are indeed solid-state and strap-down systems, that provide highly accurate heading and attitude data and that are perfectly suited for high performance at high speeds and in challenging environments such as GNSS denied settings. Compact, lightweight and with low power consumption, the Quadrans Gyrocompasses are easy to install on small-sized crafts, while their open architecture guarantees seamless interfacing with all major GNSS systems and third-party navigation software.

“We’re very proud of this new mark of confidence in our Quadrans gyrocompasses and FOG technology,” continues David Cunningham. “We want to thank the Swedish Defence Materiel Administration for their continued trust and long-standing partnership and look forward to our future collaboration with them.”

About iXblue

iXblue is a global high-tech company specializing in the design and manufacturing of advanced marine, photonics and autonomy technologies. The group in-house expertise includes innovative systems and solutions devoted to inertial navigation, subsea positioning, underwater imaging, as well as shipbuilding and test & simulation. iXblue support Civil and Defense customers in carrying out their sea, land and space operations with maximum safety, efficiency and reliability and conducts its business in over 60 countries. www.ixblue.com

Photo – https://techent.tv/wp-content/uploads/2020/06/swedish-fmv-selects-ixblues-quadrans-navigation-system-to-equip-its-fleet-of-high-speed-crafts-1.jpg
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Cohesio Group, part of Körber unveils new sorting AMR solution

MELBOURNE, Australia, June 11, 2020 /PRNewswire/ — Cohesio Group, now Körber Supply Chain, has launched a new sorting robot solution in Australia and New Zealand.

Expedite the sortation for parcels, eCommerce, wholesale and store replenishments on table-top as well as mezzanine levels with Körber AutoSort Mobile by Cohesio Group.
Expedite the sortation for parcels, eCommerce, wholesale and store replenishments on table-top as well as mezzanine levels with Körber AutoSort Mobile by Cohesio Group.

Set to be a game-changer for the ANZ supply chain and logistics industry, the Körber AutoSort Mobile solution will give logistics operators the opportunity to maximise operational capabilities through flexible, affordable and scalable automation.

This product is manufactured by Zhejiang Libiao Robotics Co., Ltd. (AIC Systems), a modern high-tech enterprise specialising in R&D, manufacturing and the sale of robotic products. The company leads the way in research and innovation in the field of artificial intelligence and automation projects in logistics.

This new solution will compliment Cohesio Group’s current portfolio of enterprise-grade solutions including voice-powered technology and goods-to-person automated mobile robots (AMR).

The Körber AutoSort Mobile offering differs from a traditional sortation system in that it does not require a fixed track. The solution uses free-moving, independent robots that help businesses reduce their heavy reliance and investment in fixed automation. Instead, the Körber AutoSort Mobile AMRs offer greater scalability at a comparatively economical investment and thus a much quick return on investment.

It utilises AMRs that allow dynamic sortation, taking the shortest and most direct path. This kind of flexibility offers significant efficiency and productivity gains over a traditional cross belt or shoe sorter. As this solution can also be operated on a table-top, this form of picking or sortation offers increased flexibility during peak periods, such as what has been seen during COVID-19.

Furthermore, the capital required for deploying the Körber AutoSort Mobile solution is up to 60 per cent less than a traditional sortation system. 

“We are excited to release this new AMR solution in Australia and New Zealand. Since the beginning of the COVID-19 pandemic, there has been a significant surge in e-commerce and online shopping consumers. In order to fulfil this challenging demand, many of our clients are exploring further opportunities in automation. We have listened to their requests for more scalable and affordable automation solutions–whether that be automation installed in limited spaces or mezzanine levels or those that can be quickly deployed in pop–up DCs or dark fulfilment store. I am very proud to add the new Körber AutoSort Mobile table-top sorting AMR solution to our existing AMR portfolio,” Nishan Wijemanne, CEO of Cohesio Group said.

The Körber AutoSort Mobile solution also offers ultimate flexibility, with the ability to scale up when needed. “Robots can be added during peaks in demand, and the system expanded at any time. The system can be very easily redeployed elsewhere in the warehouse when needed. This is particularly helpful when you see spikes in demand for specific SKUs, like we know retailers have experienced during COVID-19,” Nishan said.

“As the level of investment is notably lower than traditional sorting methods, and we can offer implementation timeframes of as little as three to five months, this system generates more than twice the ROI of traditional sorting systems. I am confident that this new offering will shake up warehousing and logistics operations in Australia and New Zealand,” Ravi Nath, Head of Automated Solutions at Cohesio Group said.

“The Körber AutoSort Mobile requires shorter lead times and significantly less space than traditional sortation systems. A further advantage is that there is no single point of failure anywhere in the system. We know that conveyor downtime can be a huge cost to any operation. With this solution, if there is any failure it will only impact one single element, enabling the solution to continue,” Rizan Mawzoon, Head of Transformation at Cohesio Group said.

The Körber AutoSort Mobile is ideal for a wide variety of goods across parcel sortation, e-commerce, wholesale and store replenishment. It can be utilised for picking, sortation, table-top and mezzanine sortation and is capable of handling goods of up to 25 kilograms. Additional robots can be added to the operation in a matter of seconds, ensuring that there is no interruption in workflow or downtime.

“The use cases for this kind of automation are vast, whether it’s a large-scale e-commerce operation, retailer, 3PL or freight provider. Simply put, it’s for anyone who has a volume or pop up requirement for sorting products,” Nishan said.

Boasting some of the biggest names in retail and logistics on its roster, Cohesio Group has deployed autonomous solutions for Wesfarmers, Bollore and CEVA Logistics, among others.

The leading technology provider was acquired by Körber in September last year, and recently announced that it would join eleven other sister companies under the umbrella Körber Supply Chain. The united brand will become a leading international technology provider with a diverse range of capabilities spanning software, automation, voice, robotics and material handling equipment.

Access the Körber AutoSort Mobile brochure via www.cohesiogroup.com/download-korber-autosort-information-brochure/

About Cohesio Group

Cohesio Group, a part of international technology group Körber, is a leading integrator and developer of tech solutions that enable rapid optimisation of workflows and processes and is also an idea generating partner for strategic concepts. With offices across the Asia Pacific, Cohesio Group creates innovative technology transformations that span across supply chain and logistics including warehousing and distribution centres, transportation, manufacturing, healthcare, pharmaceutical, FMCG and retail. Cohesio Group’s enterprise-grade solutions range from voice-powered technology that enable hands-free workflows through to new-generation mobility solutions, software applications that provide actionable business insights and retail fulfilment as well as solutions such as Autonomous Mobile Robots that enable automation in distribution centres. Learn more at www.cohesiogroup.com  

About the Körber Business Area Supply Chain

Supply chains are growing more complex by the day. Körber uniquely provides a broad range of proven, end-to-end supply chain solutions fitting any business size, strategy or appetite for growth. Capable of delivering not just software, but automation, voice, robotics, and materials handling – plus the expertise to tie it all together. We are a global partner not just for today, but also as the needs of supply chains continue to evolve. Conquer supply chain complexity – with Körber. The Business Area Supply Chain is part of the global technology group Körber. Find out more on www.koerber-supplychain.com 

Photo – https://photos.prnasia.com/prnh/20200611/2827297-1?lang=0

Karma Automotive Names New Chief Strategy Officer To Drive Corporate Growth

Greg Tarr will lead strategy, corporate development, business development, product planning and new ventures

IRVINE, California, June 8, 2020 /PRNewswire/ — Greg Tarr has joined Karma Automotive as Chief Strategy Officer (CSO). 

Greg Tarr, Chief Strategy Officer, Karma Automotive
Greg Tarr, Chief Strategy Officer, Karma Automotive

As CSO, Tarr will report directly to Karma CEO Dr Lance Zhou, providing valuable insight and leadership for Karma’s business model, strategic innovation and future product portfolio. As Karma Automotive develops future vehicle programs across Electric Luxury Cars, Supercars, Commercial Vehicles and Technology Platforms, Tarr’s strategic guidance will strengthen the company’s growing global presence and product development. A new range of battery electric vehicles (BEV) starting with the all-electric Karma Revero GTE launches in Spring 2021.

“As Karma moves beyond the traditional automotive business model, we continue to seek a diverse range of talent who exhibit the disruptive strategies and entrepreneurial mindset adopted in tech hubs such as Silicon Valley,” says Dr. Lance Zhou, CEO, Karma Automotive. “Greg’s leadership experience in Silicon Valley automotive and mobility startups, global network, venture capital and Toyota background will be a valuable asset to Karma’s executive team.”  

“Karma is reinventing the luxury electric category with innovation. Karma products intersect new mobility innovation, iconic/exclusive design and bespoke craftsmanship which converge to create the next generation of luxury electric cars, supercars and SUVs,” says Tarr. “Karma will leverage its vast intellectual property portfolio and Southern California manufacturing facility, KICC, to partner with large OEMs and cutting edge startups to deliver the future of mobility for an enhanced customer experience.”

Greg’s past leadership roles include: Corporate Venture Capital: Vodafone China,  Singtel’s Globe Telecom, Axiata Group and Rogers Communications, Startups: Glympse- Board of Directors/CSO, Automatic Labs- CSO (M+A- Sirius XM) , Networks in Motion- VP Asia (M+A- TCS), Jibe- Board of Directors (M+A- Google), RX Networks- Board of Directors (M+A- Bluestar China), Kodiak Networks VP Asia (M+A- Motorola), Admobius- Seed Investor/Founding Member-Board of Directors (M+A- Lotame), Shanghai Linktone (Nasdaq), SmartPay China (M+A- Ping An insurance),  Deutsche Bank- Head of Asian Technology Equity Research, Toyota’s USA HQ Technical Customer Service.

Greg has lived globally over a decade in Greater China, Japan, Korea, Vietnam, Singapore, Sweden, Canada and is originally from New York City.

About Karma 

Southern California-based Karma is more than just a car company. Although we are best known as a creator of soul-stirring luxury electric vehicles, Karma produces commercial vehicles and automotive technology platforms. Founded in 2014, Karma is reinventing the traditional retail-based automotive business model by opening its engineering, design, customization and manufacturing resources to other companies looking to speed product development, access new technology, or make their products more luxurious. The Revero GT, Green Car Journal’s 2020 Luxury Green Car of the Year™ is a luxury electric vehicle powered by dual electric motors that embodies Karma’s goals of offering leading automotive design, technology, customization and an outstanding customer experience. Our retail partners in North America are now delivering the Revero GT to retail customers and will begin offering a performance version, the Revero GTS, later in 2020. Every Revero is created with great individual care and world-class craftsmanship at the Karma Innovation and Customization Center in Moreno Valley, Calif. For more information, visit www.karmaautomotive.com, or www.karmanewsroom.com.

Photo – https://techent.tv/wp-content/uploads/2020/06/karma-automotive-names-new-chief-strategy-officer-to-drive-corporate-growth-1.jpg 

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Bitauto to Report First Quarter 2020 Unaudited Financial Results on June 12, 2020

BEIJING, June 2, 2020 /PRNewswire/ — Bitauto Holdings Limited (“Bitauto” or the “Company”) (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services for China’s automotive industry, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2020, before the U.S. market opens on Friday, June 12, 2020. Bitauto’s management will hold an earnings conference call at 8:00 AM on June 12, 2020 U.S. Eastern Time (8:00 PM on June 12, 2020 Beijing/Hong Kong Time).

Due to the outbreak of COVID-19, operator assisted conference calls are not available at the moment. All participants wishing to attend the call must pre-register online before they can receive the dial-in numbers.

Conference Call Pre-registration:

Please register in advance of the conference using the link provided below and dial in 10 minutes prior to the call. Once pre-registration has been completed, participants will receive dial-in numbers, direct event passcode, and registrant ID.

To join the conference, simply dial the number you receive, enter the event passcode followed by your unique registrant ID, and you will join the conference instantly.

PRE-REGISTER LINK: http://apac.directeventreg.com/registration/event/3685489

A replay of the conference call may be accessed by phone at the following number until June 20, 2020:

US:

+1-855-452-5696 or +1-646-254-3697

International:

+61-2-8199-0299

Conference ID:

3685489

Additionally, a live and archived webcast of this conference call will be available at http://ir.bitauto.com/.

About Bitauto Holdings Limited

Bitauto Holdings Limited (NYSE: BITA) is a leading provider of internet content & marketing services, and transaction services for China’s automotive industry. Bitauto’s business consists of three segments: advertising and subscription business, transaction services business and digital marketing solutions business.

Bitauto’s advertising and subscription business provides a variety of advertising services to automakers through the bitauto.com website and corresponding mobile apps which provide consumers with up-to-date automobile pricing and promotional information, specifications, reviews and consumer feedback. Bitauto also provides transaction-focused online advertisements and services for promotional activities to its business partners, including automakers, automobile dealers, auto finance partners and insurance companies. Bitauto offers subscription services via its SaaS platform, which provides web-based and mobile-based integrated digital marketing solutions to new car automobile dealers in China. The SaaS platform enables automobile dealer subscribers to create their own online showrooms, list pricing and promotional information, provide automobile dealer contact information, place advertisements and manage customer relationships to help them reach a broad set of purchase-minded customers and effectively market their automobiles to consumers online.

Bitauto’s transaction services business is primarily conducted by its controlled subsidiary, Yixin Group Limited (SEHK: 2858), a leading online automobile finance transaction platform in China, which provides transaction platform services as well as self-operated financing services.

Bitauto’s digital marketing solutions business provides automakers with one-stop digital marketing solutions, including website creation and maintenance, online public relations, online marketing campaigns, advertising agent services, big data applications and digital image creation.

For more information, please visit ir.bitauto.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the business outlook of the Company and the quotations from management in this announcement, as well as Bitauto’s strategic and operational plans, contain forward-looking statements. Bitauto may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Bitauto’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: our goals and strategies; our future business development, financial condition and results of operations; the expected growth of the automobile industry and the internet marketing industry in China; our expectations regarding demand for and market acceptance of our services and service delivery model; our expectations regarding enhancing our brand recognition; our expectations regarding keeping and strengthening our relationships with major customers, partner websites and media vendors; relevant government policies and regulations relating to our businesses, automobile purchases and ownership in China; our ability to attract and retain quality employees; our ability to stay abreast of market trends and technological advances; competition in our industry in China and internationally; general economic and business conditions in China; and our ability to effectively protect our intellectual property rights and not infringe on the intellectual property rights of others. Further information regarding these and other risks is included in Bitauto’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F. Bitauto does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and Bitauto undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

China

IR Department
Bitauto Holdings Limited
Phone: +86-10-6849-2145
ir@bitauto.com

Philip Lisio
Foote Group
Phone: +86-10-8429-9544
bitauto@thefootegroup.com

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KT Commercializes 5G Self-Driving Freight Carts

SEOUL, South Korea, May 26, 2020 /PRNewswire/ — KT Corp. (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, announced today that it is using 5G self-driving carts at its logistics center, enabling a nearly 50 percent reduction in employees’ travel range for loading and transporting inventory.

5G autonomous carts transport smartphones and other devices to designated locations, as requested by the control center and the person in charge, at KT’s Seobu Distribution Center.
5G autonomous carts transport smartphones and other devices to designated locations, as requested by the control center and the person in charge, at KT’s Seobu Distribution Center.

The new system of the leading Korean telecom provider is the first use of next-generation smart logistics vehicles in the Korean communications industry. Two types of 5G self-driving carts, “NarGo” and “TarGo,” are being employed in collaboration with Twinny, a company specializing in indoor autonomous robots and online platforms.

KT incorporated its autonomous intelligent vehicle (AIV) service to NarGo and Targo. AIV service is an integrated control system that processes instructions and assesses operating conditions by using pre-installed maps and real-time information on automated carts. It also facilitates latency-free collection and analysis of operational data as well as statistics compilation.

“In preparation for the post-COVID era, technologies to minimize person-to-person contact are increasingly demanded throughout industries,” said Choi Kangrim, Head of KT’s Connected Car Biz Center. “By applying AIV service based on our advanced communication networks and platforms in a wider scope of industries and leading relevant technological advancement, we at KT will do our utmost to help our customers enjoy the benefits in their everyday lives.”

The AIV usage follows meticulous experiments in minimizing person-to-person contact between employees while improving their productivity at work. As a result, KT explained, loading cellphones and other items for transport requires 47 percent less travel range by employees at KT’s Seobu Distribution Center.

The self-driving logistics vehicles and AIV service are based on KT’s integrated mobility platform, dubbed “5G Mobility Makers.” The platform is at the core of KT’s connected car services, which feature automated driving control by collecting and analyzing data produced by different vehicles. Utilizing this capability can lead to real-time remote control of AIV cloud control centers developed by partner companies and various business sites. This will help minimize movement of and personal contact between employees and boost their throughput at large-scale distribution centers as well as small-scale warehouses.

Beyond the application of its autonomous driving technology at the Seobu Distribution Center, KT will continue its research and development efforts to lead the technological advances required to reduce person-to-person contact throughout the logistics industry in the wake of the COVID-19 pandemic.

In response to the pandemic, KT will start providing 5G autonomous carts and control systems for small-scale logistics operations at hospitals, libraries and various other industrial sites.

MEDIA CONTACTS

For inquiries, please contact our Global Media Relations Team at kt.gmrt@gmail.com

ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

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Source: KT Corp.

TUV Rheinland Certifies Taiwan’s First Outdoor e-Parking System at Nantou Service Area

TAIPEI, May 15, 2020 /PRNewswire/ — Whenever there is a surge in weekend or holiday traffic, it means heavy demand for parking at highway rest areas. People can often be seen circling endlessly in the parking lots for a parking space, wasting time and money. Sometimes, individuals will stop to rest at a service area but then forget where they have parked their car. The Central Region Branch Office of the Freeway Bureau, Ministry of Transportation and Communications (hereafter referred to as “CRBO”) has taken the lead in installing an e-parking system to help people with their parking needs. The system will alleviate parking stress at rest areas during public holidays and improve the turnover rate for service area parking.

Certificate handover by CRBO Director Huan-Ju Peng (right 4) and Kevin Wu (left 3), Vice General Manager of Mobility Service, TUV Rheinland
Certificate handover by CRBO Director Huan-Ju Peng (right 4) and Kevin Wu (left 3), Vice General Manager of Mobility Service, TUV Rheinland

The smart parking directions system at the Nantou Service Area was certified after 1.5 months of system verification and testing. TUV Rheinland conducted 42 actual vehicle testing and verification tasks covering license plate recognition for streams of traffic, eTag detection, parking capacity monitoring, software and hardware functionality, and vehicle search functions. The system was validated against the project specifications and a certificate of conformity was subsequently issued on May 14. At the certification ceremony the two parties were represented by CRBO Director Huan-Ju Peng and Kevin Wu, Vice General Manager of Mobility Service, TUV Rheinland.

The purpose of the e-parking system is to help drivers find open parking spaces and to find their cars at rest areas more quickly. What distinguishes the e-parking system at the Nantou Service Area from traditional service areas is its ability to not only monitor traffic volumes but also to dynamically divert and balance traffic based on parking capacity. Vehicles can be directed to suitable sectors so they don’t all crowd near the retail area, stop in non-parking areas, or cause traffic jams at intersections while drivers try to find parking.

An outdoor e-parking system is more challenging to design than indoor systems (e.g., the parking lots at department stores or high-rises). Outdoor e-parking must take into account weather, environment, signal transmission, and whether monitoring may be affected by the glare from license plates. The introduction of e-parking at the Nantou Service Area will not only maximize the benefits of eTag but also set a precedent for outdoor e-parking in Taiwan.

The Central Region Branch Office, Freeway Bureau has transformed the Nantou service area into a large outdoor smart parking guidance field on the highway. To ensure that the e-parking system will continue to function correctly once it is formally launched, an international third-party certification body was introduced by the CRBO to verify the system before it is commissioned. The independent verification and validation (IV&V) plan developed by TUV Rheinland helped to ensure that the system will be more suitable for real-world conditions. The system integrates parking directions and management, traffic statistics, and vehicle search functions to get drivers from entrance to exit quicker and safer. If they happen to forget where they have parked their vehicle, they can simply enter their license plate at the traffic condition kiosk in the service area and it will display the vehicle’s location.

Local cultural motifs such as purple crow butterflies and owls have also been incorporated into the design of the Nantou Service Area. The CRBO will continue to monitor and refine the e-parking system’s functionality, safety, and accuracy in order to improve traffic flow and user satisfaction within the service area.

Photo – https://photos.prnasia.com/prnh/20200515/2805203-1?lang=0

Source: TUV Rheinland Taiwan Ltd.

VisIC Partners With ZF for Next Generation EV Inverters

– Joint R&D effort to develop an EV inverter based on gallium nitride (GaN) semiconductor technology

VisIC’s D3GaN technology, with lowest losses per Rdson combined with ZF’s highly efficient EV driveline systems extend the range of electric cars and reduce its system cost

NES ZIONA, Israel and FRIEDRICHSHAFEN, Germany, May 14, 2020 /PRNewswire/ — ZF Friedrichshafen AG, a global leading automotive supplier, and VisIC Technologies Ltd., a global leader in gallium nitride (GaN) devices for automotive high-voltage applications, announce today a partnership to create the next generation of high-performance and high-efficiency electric drivelines for vehicles.

VisIC partners with ZF for next generation EV inverters
VisIC partners with ZF for next generation EV inverters

The partnership will see the two companies deepen their development efforts, based on VisIC D3GaN semiconductors technology. The focus of the joint efforts will be on 400-Volt driveline applications, covering the largest segment of the electric vehicle market.

“Our partnership with ZF for the development of gallium nitride-based power inverters in electric vehicles illustrates the break-through of gallium nitride technology in the automotive industry,” said Tamara Baksht, CEO of VisIC. “VisIC’s D3GaN technology was developed for the high reliability standards of the automotive industry and offers the lowest losses per Rdson. It also simplifies the system solution and enables high-efficiency and affordable power train solutions. It is definitely the next step for the automotive electrical driveline.”

ZF’s fast adoption of wide band gap semiconductor technology, such as silicon-carbide and gallium nitride, makes it a leader in the development of the most cost-effective and highly efficient electric drivelines. Through their extended R&D partnership, ZF and VisIC deepens their existing joint efforts in the application of gallium nitride semiconductors for inverters.

Gallium nitride semiconductors are key to further improve efficiency and performance of electrified vehicles, from hybrid up to full electric applications. This technology offers significantly better switching speed, range improvements as well as smaller and lighter package size, thereby reducing total system cost. “We are pleased about the cooperation with VisIC and are convinced that together we can further improve future electric drive systems based on gallium nitride technology,” says Dr. Dirk Walliser, Senior Vice President Corporate Research and Development at ZF Friedrichshafen AG.

This press release and further information can be found at www.visic-tech.com and www.press.zf.com.

VisIC Technologies Ltd.

VisIC Technologies is a world leader in GaN electronics for xEV applications, focused on high-power automotive solutions. Its efficient and scalable products are based on deep technological knowledge of gallium-nitride and decades of experience. VisIC is committed to provide a step function improvement in terms of size and cost of energy conversion systems and dedicated to high-quality customer support at all development phases. VisIC offers high power transistor products based upon compound semiconductor Gallium Nitride (GaN) material aiming to provide products for cost effective and high-performance automotive inverter systems.

ZF Friedrichshafen AG

ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. With its comprehensive technology portfolio, the company offers integrated solutions for established vehicle manufacturers, mobility providers and start-up companies in the fields of transportation and mobility. ZF continually enhances its systems in the areas of digital connectivity and automation in order to allow vehicles to see, think and act.

In 2019, ZF achieved sales of €36.5 billion. The company has a global workforce of 148,000 with approximately 240 locations in 41 countries. ZF invested seven percent of its sales in research and development.

Press Contact: 

VisIC Technologies LTD
Golda Meir 7
Nes Ziona
7403650 Israel
info@visic-tech.com

ZF Friedrichshafen AG
Robert Buchmeier
Head of Technology and Product Communications, Heritage Communications,
+49-7541-77-2488
robert.buchmeier@zf.com

Pininfarina to Launch AutonoMIA, a Responsive Driving Experience for the Mobility of the Future

TURIN, Italy, May 13, 2020 /PRNewswire/ — Pininfarina’s 90th anniversary celebrations focus on the value that have guided it since its foundation: designing the future.

Pininfarina’s responsive User Experience for the mobility of the future.
Pininfarina’s responsive User Experience for the mobility of the future.

A leader in automotive design and engineering, the Turin-based company further expands its offering to automotive customers through the conception, design and realization of User Experiences, in the form of a highly responsive, multi-sensorial on-board experience demonstrator, named AutonoMIA.

AutonoMIA is an immersive exploration of how technology, from AI to 5G, from display to haptics, from sensors to natural interfaces, can be leveraged to reenchant the driving experience. It is a tool that designers will use to continue iterating on the thinking on the future of driving. The different parties build knowledge on the data extracted from its usage. But AutonoMIA is also an asset that can be leveraged, customized and developed further for Pininfarina’s clients.

AutonoMIA was made possible thanks to several new strategic partnerships.

The main collaboration is with ART. The Umbrian company made available its experience in creating user interfaces for automotive cockpits, and provided its highly advanced and customizable infotainment platform. ART provided all of AutonoMIA’s hardware and developed all the needed middleware.

In turn, the application layer was designed in close cooperation with and developed by Siili_auto, a leading Finnish automotive software development company.

The seats and all the padded parts were supplied by ARAS.

“AutonoMIA”, explains CEO Pininfarina, Silvio Pietro Angori, “shows how Pininfarina may combine experience design with creative technology, reinventing the on-board experience at a time when digitalisation, connectivity, data and artificial intelligence are substantially redefining mobility. With its Experience Design team and Partners, Pininfarina today helps its customers through mobility experiences which are getting more and more digital“.

AutonoMIA is an experience designed to adjust and respond to people and contexts of use, leveraging the different interface elements it builds on to create a multi-sensorial and responsive experience that creates magic, strong meaning and positive impact in and around the car. Among others, AutonoMIA revisits notably the function, position, individual and combined use of screens inside the car.

In the future, AutonoMIA will be able to build on the true augmented reality experience provided by Pininfarina’s partner WayRay and its advanced holographic, full-color head-up display technology and new applications for autonomous driving, urban mobility and infotainment.

Pininfarina's responsive User Experience for the mobility of the future.
Pininfarina’s responsive User Experience for the mobility of the future.

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AUTOCRYPT Joins Car Connectivity Consortium (CCC)

SEOUL, South Korea, May 7, 2020 /PRNewswire/ — AUTOCRYPT announced that the company has joined Car Connectivity Consortium (CCC), a cross-industry organization advancing global technologies for smartphone-centric car connectivity solutions, as the first cybersecurity company from the Asia Pacific. 

The consortium focuses on developing digital keys that let drivers to easily lock and unlock their cars, as well as starting the engine and sharing access to families or valets, using their smartphones. The goal is to make it possible for the drivers to simply connect and ride, no matter the device or vehicle.

By joining the consortium, AUTOCRYPT will contribute its technical expertise and participate in various projects related to digital key solutions performance evaluation and in establishing the international technical standards, commercialization, and enhancing the convenience of car-device connectivity. This comes with exchanging technologies between more than 120 global leading companies including BMW, Volvo, Hyundai, Volkswagen, Ford, Toyota, along with Apple, Samsung, LG Electronics, and Deutsche Telekom.

“The digital key itself became critical as it not only replaces the existing physical key but also oversees the convenience and safety of cars and driving”, said Daniel ES Kim, CEO of AUTOCRYPT. “Since the smart key security we provide to the United States, China, South Korea, Australia, and New Zealand is for certain OEMs, by joining the consortium and cooperating with the industry leaders, we believe that this advancing digital key solution of AUTOCRYPT’s will offer a secured environment regardless of vehicles and mobile devices and continue to lead the market.”

To date, AUTOCRYPT has been active by utilizing the provision of V2D communications, MaaS, and security services including authentication, authorization, certificate management within V2D infrastructures that are CCC compliant and interoperable. Moreover, AUTOCRYPT has proactively engaged in the development of the industry by participating in Penta Security’s projects with Hubject, International Transport Forum (OECD), and 5GAA. 

About AUTOCRYPT

As a leader in transportation security technologies, AUTOCRYPT’s mission is to enable safe transportation and mobility alike by focusing on securing connected vehicles.  Initially developed in-house at Penta Security in 2007, AUTOCRYPT spun off as a separate entity in 2019, carrying over more than a decade’s worth of experience and expertise.  Recognized as the “Best Auto Cybersecurity Product/Solution” by TU-Automotive, AUTOCRYPT continues to expand its global presence and offerings, providing comprehensive transportation security through a multi-layered, holistic approach.  AUTOCRYPT’s solution and services are utilized throughout various projects in support of securing in-vehicle networks as well as C-ITS related technologies, including V2X, RSU-based communications, and PKI.  Moreover, AUTOCRYPT enables secure EV charging through Plug&Charge (PnC), a simplified communications solution, as well as a secure mobility data platform and complementary fleet management systems.  For more information on AUTOCRYPT, visit www.autocrypt.io. For partnership inquiries, email marketing@autocrypt.io.

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