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Asia Pacific Expected to Lead Quantum Computing Market, Fueled by Rapid Expansion in Banking and Finance Sector - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 1, 2023

The adoption of quantum computing is being driven by the increasing demand for high-speed computing, the growing utilization of quantum mechanics in encryption, the expanding applications of quantum computing in drug discovery, and other factors.

Key Points: 
  • The adoption of quantum computing is being driven by the increasing demand for high-speed computing, the growing utilization of quantum mechanics in encryption, the expanding applications of quantum computing in drug discovery, and other factors.
  • Increase in Quantum Computing Start-ups: The emergence of quantum computing startups is fostering competition, innovation, and growth in the market.
  • Increasing Adoption of Cloud-Based Quantum Computing: Cloud-based quantum computing solutions are gaining popularity, making quantum computing more accessible to a broader range of users.
  • Technological Advancement in Quantum Computing: Ongoing advancements in quantum computing technology are leading to improved performance, scalability, and reliability.

Quantum Computing Hardware Leads Market Share, While Services Segment Exhibits Highest Growth

Retrieved on: 
Friday, November 3, 2023

By Component: The global quantum computing market is categorized into three primary segments by component: Hardware, Software, and Services.

Key Points: 
  • By Component: The global quantum computing market is categorized into three primary segments by component: Hardware, Software, and Services.
  • The hardware segment currently holds the largest share in the quantum computing market, while the services segment is anticipated to exhibit the highest CAGR.
  • Increase in Quantum Computing Start-ups: The emergence of quantum computing startups is fostering competition, innovation, and growth in the market.
  • Increasing Adoption of Cloud-Based Quantum Computing: Cloud-based quantum computing solutions are gaining popularity, making quantum computing more accessible to a broader range of users.

Southeast Asia's Key Packaging Expo, WEPACK ASEAN, set for Nov 22-24 in Malaysia

Retrieved on: 
Monday, October 23, 2023

SHANGHAI, Oct. 23, 2023 /PRNewswire/ -- Organized by Reed Exhibitions (RX), WEPACK ASEAN, Southeast Asia's first large-scale packaging industry expo, will be held from November 22nd to 24th at the Malaysia International Trade and Exhibition Centre in Kuala Lumpur. This event stands out as the region's premier showcase for corrugated packaging, colored boxes, digital printing, and paper packaging processes.

Key Points: 
  • On the afternoon of November 23rd, RX and MACCMA will jointly host the Southeast Asia Corrugated Forum.
  • A panel of over ten authoritative experts from around the world will provide insights into global trends, discussing topics such as the trajectory of the paper packaging industry in Southeast Asia, corrugated packaging equipment solutions, and the growth of e-commerce packaging.
  • Top-tier experts from China and Southeast Asia will divulge the latest in industry tech, making this seminar Southeast Asia's first major free offline packaging training event.
  • Nearly 60 association members will gather to exchange ideas at the signature event of Southeast Asia's corrugated industry.

Pony.ai and Toyota to Form Joint Venture to Advance Mass Production of L4 Autonomous Vehicles

Retrieved on: 
Friday, August 4, 2023

The three parties announced that they will form a joint venture to jointly advance the future mass production and large-scale deployment of fully driverless robotaxis.

Key Points: 
  • The three parties announced that they will form a joint venture to jointly advance the future mass production and large-scale deployment of fully driverless robotaxis.
  • View the full release here: https://www.businesswire.com/news/home/20230804774136/en/
    Executives from Pony.ai, Toyota Motor (China) Investment Co., Ltd. (TMCI) and GAC Toyota Motor Co., Ltd. (GTMC) held a joint venture signing ceremony on August 4, 2023.
  • The joint venture combines Pony.ai's world-class autonomous driving technology and robotaxi operations experience, Toyota’s highly regarded vehicle technologies, and GTMC's advanced production experience.
  • In August 2019, Pony.ai and Toyota announced they would jointly advance the development of autonomous vehicles in China.

Global Quantum Computing Market Report 2022: Increasing Adoption of Cloud Based Quantum Computing Presents Opportunities

Retrieved on: 
Monday, December 5, 2022

Some of the major reasons why companies are switching to quantum computing are the increasing demand for high performance computing, growing popularity of quantum mechanics in cryptography, rising use of quantum computing in drug development, etc.

Key Points: 
  • Some of the major reasons why companies are switching to quantum computing are the increasing demand for high performance computing, growing popularity of quantum mechanics in cryptography, rising use of quantum computing in drug development, etc.
  • By Technology: The report provides the segmentation of the quantum computing market on the basis of technology: Quantum Annealing, Superconducting, Trapped Ion, Quantum Dot and Others.
  • Global Quantum Computing Market Dynamics:
    Growth Drivers: One of the most important factors impacting quantum computing market dynamics is rising investments in quantum technology.
  • Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such increasing adoption of cloud-based quantum computing, integration of quantum computing with IoT (internet of things), popularity of quantum mechanics in cryptography, technological advancement in quantum computing, etc.

Global Quantum Computing Market Report 2022: Rising Investments in Quantum Technology Fuel Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 29, 2022

In 2021, the global quantum computing market was valued at US$442.32 million and is anticipated to grow to US$3295.97 million by 2027.

Key Points: 
  • In 2021, the global quantum computing market was valued at US$442.32 million and is anticipated to grow to US$3295.97 million by 2027.
  • Some of the major reasons why companies are switching to quantum computing are the increasing demand for high performance computing, growing popularity of quantum mechanics in cryptography, rising use of quantum computing in drug development, etc.
  • By Technology: The report provides the segmentation of the quantum computing market on the basis of technology: Quantum Annealing, Superconducting, Trapped Ion, Quantum Dot and Others.
  • Global Quantum Computing Market Dynamics:
    Growth Drivers: One of the most important factors impacting quantum computing market dynamics is rising investments in quantum technology.

Toyoda Gosei to Invest in Interior and Exterior Parts Manufacturing Company in Central China

Retrieved on: 
Wednesday, July 6, 2022

Toyoda Gosei Co., Ltd.(TOKYO:7282), through its regional headquarters in China, Toyoda Gosei (China) Investment Co., Ltd. (TG China), is investing in Wuhan Binyu Auto.

Key Points: 
  • Toyoda Gosei Co., Ltd.(TOKYO:7282), through its regional headquarters in China, Toyoda Gosei (China) Investment Co., Ltd. (TG China), is investing in Wuhan Binyu Auto.
  • This move will strengthen Toyoda Goseis supply system for interior and exterior automotive parts in central China.
  • View the full release here: https://www.businesswire.com/news/home/20220705005080/en/
    Production locations for interior and exterior products in China (Graphic: Business Wire)
    Wuhan Binyu is a production company in the Yibin Group (Ningbo Yibin Electronic Technology Corp.) that supplies interior and exterior automotive parts in Chinas major automobile manufacturing regions (north China, south China, central China).
  • It provides console boxes and cockpit components to Dongfeng Honda Automobile Co., Ltd. and Dongfeng Motor Co., Ltd. (Dongfeng Nissan) in central China.

Thundercomm Introduced EB6 Multi-Object Tracking Solution at Embedded World 2022

Retrieved on: 
Friday, June 24, 2022

The annual embedded sectors grand gathering: embedded world 2022 had been carried out from June 21 to 23 2022.

Key Points: 
  • The annual embedded sectors grand gathering: embedded world 2022 had been carried out from June 21 to 23 2022.
  • Thundercomm , the world-leading IoT product and solution provider, brought its latest edge technologies, products as well as solutions to this well-known fair.
  • EB6 multi-object tracking is an innovative solution that locates and tracks people across cameras.
  • Compared with technologies such as ReID, EB6 multi-object tracking solution is more robust and can effectively avoid problems caused by the changes of pedestrians' clothing and posture.

Dongfeng Honda to Begin Sales of All-new e:NS1 EV Model

Retrieved on: 
Tuesday, April 26, 2022

BEIJING, China, Apr 26, 2022 - (JCN Newswire) - Honda Motor (China) Investment Co., Ltd.(HMCI), a wholly-owned Honda subsidiary in China, today announced that Dongfeng Honda Automobile Co., Ltd., a Honda automobile production and sales joint venture in China, will begin sales of the all-new e:NS1 electric vehicle (EV) model tomorrow, on April 26, 2022.

Key Points: 
  • BEIJING, China, Apr 26, 2022 - (JCN Newswire) - Honda Motor (China) Investment Co., Ltd.(HMCI), a wholly-owned Honda subsidiary in China, today announced that Dongfeng Honda Automobile Co., Ltd., a Honda automobile production and sales joint venture in China, will begin sales of the all-new e:NS1 electric vehicle (EV) model tomorrow, on April 26, 2022.
  • HMCI also announced that GAC Honda Automobile Co., Ltd., another Honda automobile production and sales joint venture in China, will begin taking reservations for the all-new e:NP1 EV model in May 2022.
  • Moreover, sporty and exhilarating driving experience unique to Honda was pursued by incorporating original Honda technologies, including aerodynamic technologies Honda has amassed through the development of sports models.
  • Dongfeng Honda will install a section dedicated to the e:N Brand at each of its existing stores.

Mark Rogozinski Joins Pitcairn as Chief Strategy Officer

Retrieved on: 
Tuesday, February 8, 2022

PHILADELPHIA, Feb. 8, 2022 /PRNewswire/ -- Pitcairn, a true family office serving ultra-high net worth families and single family offices for nearly a century, is expanding its leadership team with the addition of Mark Rogozinski as Chief Strategy Officer.

Key Points: 
  • PHILADELPHIA, Feb. 8, 2022 /PRNewswire/ -- Pitcairn, a true family office serving ultra-high net worth families and single family offices for nearly a century, is expanding its leadership team with the addition of Mark Rogozinski as Chief Strategy Officer.
  • "His professional credentials are impeccable and just as importantly, Mark is a great culture fit for Pitcairn, having already added significant value to our platform and service model as a consultant to the firm.
  • "Pitcairn's commitment to its clients, its strong and collaborative culture, and century of family office leadership are unparalleled in the wealth management industry," added Mark Rogozinski.
  • Today, Pitcairn is recognized as an innovator, guiding families through generational transitions, and redefining the industry standard for family offices.