Foxconn

Leading by Example: Cathay FHC Sustainable Targets in Line with UN Goals, Approved by SBTi

Retrieved on: 
Wednesday, October 5, 2022

Today, more and more top global companies have committed to setting emissions-reduction targets through the SBTi.

Key Points: 
  • Today, more and more top global companies have committed to setting emissions-reduction targets through the SBTi.
  • The SBTi is leading the business-based effort for the 1.5 degree Celsius campaign, which calls for companies to set net zero science-based targets in line with a 1.5 degree Celsius future.
  • The group includes leading players in life insurance, banking, property and casualty insurance, asset management, securities, and venture capital.
  • With a presence in 12 markets in Asia, Cathay FHC is dedicated to becoming a leading financial institution in the region.

Leading by Example: Cathay FHC Sustainable Targets in Line with UN Goals, Approved by SBTi

Retrieved on: 
Wednesday, October 5, 2022

Today, more and more top global companies have committed to setting emissions-reduction targets through the SBTi.

Key Points: 
  • Today, more and more top global companies have committed to setting emissions-reduction targets through the SBTi.
  • The SBTi is leading the business-based effort for the 1.5 degree Celsius campaign, which calls for companies to set net zero science-based targets in line with a 1.5 degree Celsius future.
  • Cathay FHC understands that "speed and scope" are important in a unified effort to fight climate change.
  • With a presence in 12 markets in Asia, Cathay FHC is dedicated to becoming a leading financial institution in the region.

Lordstown Motors Begins Commercial Production of Endurance™ Pickup Truck

Retrieved on: 
Thursday, September 29, 2022

LORDSTOWN, Ohio, Sept. 29, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or the "Company"), an original equipment manufacturer ("OEM") of electric light duty vehicles focused on the commercial fleet market, today announced that it has started commercial production of its Endurancefull-size pickup truck, and provided a business update.

Key Points: 
  • LORDSTOWN, Ohio, Sept. 29, 2022 /PRNewswire/ -- Lordstown Motors Corp. (Nasdaq: RIDE), ("Lordstown Motors" or the "Company"), an original equipment manufacturer ("OEM") of electric light duty vehicles focused on the commercial fleet market, today announced that it has started commercial production of its Endurancefull-size pickup truck, and provided a business update.
  • We expect to increase the speed of production into November and December," said Edward Hightower, Lordstown CEO and President.
  • Lordstown Motors is an electric vehicle (EV) OEM developing innovative light duty commercial fleet vehicles, with the Endurance all electric pickup truck as its first vehicle and being launched in the Lordstown, Ohio facility.
  • We will need additional funding and will seek strategic partnerships to execute our business plan and to achieve scaled production of the Endurance.

"Taiwan companies are perfect partners in the competitive 5G Tech War," said Roger Huang, Head of DIGITIMES Research.

Retrieved on: 
Wednesday, September 28, 2022

"There are still 2/3 worldwide operators looking to invest in the 5G market," said Huang.

Key Points: 
  • "There are still 2/3 worldwide operators looking to invest in the 5G market," said Huang.
  • For now, there are only 555 million 5G users with a 6.85% penetration rate.
  • "5G users are growing rapidly worldwide, reaching 690 million users as of June and could possibly exceed one billion by the end of 2022," said Huang.
  • It is expected by 2027, 5G users will hit a penetration rate of 48.3% accumulating over 4.37 billion users while overtaking LTE users.

Azumo Partners with FIH Mobile to Create Efficient, Reflective LCD 2.0™ Devices

Retrieved on: 
Tuesday, September 27, 2022

The future of display technology will be lightweight, battery-efficient, and visible in any light, said Paul Hsiung, Vice President of FIH Mobile.

Key Points: 
  • The future of display technology will be lightweight, battery-efficient, and visible in any light, said Paul Hsiung, Vice President of FIH Mobile.
  • Easily incorporated into existing manufacturing processes, Azumos technology helps create more energy-efficient devices, including tablets, handheld electronics, industrial meters, smartwatches, and more.
  • Together with FIH Mobile, were creating displays for devices to go anywhere, last longer, and work better for people and businesses.
  • FIH Mobile Limited was established in April 2002 and listed on Hong Kong Stock Exchange in February 2005 (Ticker: 2038.HK).

World Business Chicago Joins FourKites to Announce Expanded Slate of Upcoming Logistics & Supply Chain Conferences in Chicago

Retrieved on: 
Friday, September 23, 2022

These events represent how Chicago's historic strengths, innovative technologies and startups, plus global supply chain demand have Chicago positioned as a leading global hub for transportation, distribution and logistics.

Key Points: 
  • These events represent how Chicago's historic strengths, innovative technologies and startups, plus global supply chain demand have Chicago positioned as a leading global hub for transportation, distribution and logistics.
  • Uber Freight moved its global headquarters from San Francisco to Chicago in 2019; we look forward to hearing from this global leader of logistics and supply chain management.
  • In the same week as the Chicago Venture Summit1871 Chicago, the world ranked technology and startup hub, will host its inaugural Supply Chain Innovation Summit with Accenture on October 5, 2022.
  • "There is no city in the world that competes with Chicago when it comes to logistics tech, freight tech, and supply chain innovation," said Michael Fassnacht, President and CEO for World Business Chicago, and Chief Marketing Officer for City of Chicago.

Vedanta to set up semiconductors and display fab units in Gujarat, India

Retrieved on: 
Sunday, September 18, 2022

AHMEDABAD, India, Sept. 19, 2022 /PRNewswire/ -- In a move that aims to put India on the global silicon map and make the country self-sufficient in the critical area of semiconductors and displays, Vedanta, the world's sixth largest diversified natural resources group, signed two Memorandum of Understanding (MoUs) with the Government of Gujarat to set up a semiconductor fab unit, a display fab unit and a semiconductor assembling and testing unit in the key industrial state, in line with Prime Minister Narendra Modi's vision to make the country a hub of futuristic technologies.

Key Points: 
  • I congratulate Vedanta and Foxconn for taking this initiative and bringing the semiconductor plant to India."
  • Semiconductors and displays are critical to establishing India as an electronics hub and will help attract suppliers and device assemblers to setup base in India.
  • Speaking on the occasion, Vedanta Chairman Mr. Anil Agarwal, said: "We are delighted to announce that Gujarat will be the location for our display and semiconductor fab ventures.
  • The decision to set up the project in Gujarat comes after Vedanta and Foxconn announced in February that they will form a joint venture company in India.

Vedanta to set up semiconductors and display fab units in Gujarat, India

Retrieved on: 
Friday, September 16, 2022

AHMEDABAD, India, Sept. 16, 2022 /PRNewswire/ -- In a move that aims to put India on the global silicon map and make the country self-sufficient in the critical area of semiconductors and displays, Vedanta, the world's sixth largest diversified natural resources group, signed two Memorandum of Understanding (MoUs) with the Government of Gujarat to set up a semiconductor fab unit, a display fab unit and a semiconductor assembling and testing unit in the key industrial state, in line with Prime Minister Narendra Modi's vision to make the country a hub of futuristic technologies.

Key Points: 
  • I congratulate Vedanta and Foxconn for taking this initiative and bringing the semiconductor plant to India."
  • Semiconductors and displays are critical to establishing India as an electronics hub and will help attract suppliers and device assemblers to setup base in India.
  • Speaking on the occasion, Vedanta Chairman Mr. Anil Agarwal, said: "We are delighted to announce that Gujarat will be the location for our display and semiconductor fab ventures.
  • The decision to set up the project in Gujarat comes after Vedanta and Foxconn announced in February that they will form a joint venture company in India.

Vedanta to set up semiconductors and display fab units in Gujarat, India

Retrieved on: 
Friday, September 16, 2022

AHMEDABAD, India, Sept. 16, 2022 /PRNewswire/ -- In a move that aims to put India on the global silicon map and make the country self-sufficient in the critical area of semiconductors and displays, Vedanta, the world's sixth largest diversified natural resources group, signed two Memorandum of Understanding (MoUs) with the Government of Gujarat to set up a semiconductor fab unit, a display fab unit and a semiconductor assembling and testing unit in the key industrial state, in line with Prime Minister Narendra Modi's vision to make the country a hub of futuristic technologies.

Key Points: 
  • I congratulate Vedanta and Foxconn for taking this initiative and bringing the semiconductor plant to India."
  • Semiconductors and displays are critical to establishing India as an electronics hub and will help attract suppliers and device assemblers to setup base in India.
  • Speaking on the occasion, Vedanta Chairman Mr. Anil Agarwal, said: "We are delighted to announce that Gujarat will be the location for our display and semiconductor fab ventures.
  • The decision to set up the project in Gujarat comes after Vedanta and Foxconn announced in February that they will form a joint venture company in India.

FARobot Debuts "Swarm Autonomy" Solution

Retrieved on: 
Wednesday, August 24, 2022

TAIPEI, Aug. 24, 2022 /PRNewswire/ -- FARobot, the strategic joint venture by Hon Hai Technology Group ("Foxconn") (TWSE: 2317) and ADLINK Technology Inc (TWSE: 6166) today debuted its "Swarm Autonomy" solution at the Automation Taipei exhibition which is the world's first robotic management platform with cross-brand integrability across IT, OT systems, IoT devices, and factory equipment. The solution has been assisting intralogistics automation for leading global manufacturers including AUO and Juluen and is to be introduced to FOXCONN's lighthouse factory project.

Key Points: 
  • The solution has been assisting intralogistics automation for leading global manufacturers including AUO and Juluen and is to be introduced to FOXCONN's lighthouse factory project.
  • "Thanks to FOXCONN's manufacturing big data, and ADLINK's domain insight and innovations, we brought the Swarm Autonomy solution to industry within only 2 years," said Ryan Chen, General Manager of FARobot.
  • FARobot also launched its highly reliable Swarm Mobile Robot (SMR) series designed in compliance with the EN ISO 3691-4 standard.
  • FARobot is a joint venture founded by FOXCONN (TWSE: 2317) and ADLINK (TWSE: 6166), focusing on DDS-empowered robotic technology.