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Thai agritech startup to use satellite images and AI for farming

August 20, 2020 by Mai Tao

A startup company in Thailand called Ricult is planning to use satellite imagery and artificial intelligence to provide precision agritech services to farmers.

The company recently raised $2 million in new investment, bringing its total funding to $5 million, according to Nikkei. Among its backers are the Bill and Melinda Gates Foundation, and Bangkok Bank.

Ricult – which takes its name from the middle of the agriculture – says it is particularly targeting small-scale farmers with its services. [Read more…] about Thai agritech startup to use satellite images and AI for farming

Filed Under: Features, Industry Tagged With: agricultural, agriculture, agritech, bank, companies, company, farmers, farming, half, market, ricult, sector, services, smallholder, startup, statista, thailand

Apple poised to become $2 trillion company

August 19, 2020 by David Edwards

US tech giant Apple is poised to become a $2 trillion company “very soon”, according to the Wall Street Journal.

The company was the first to achieve a trillion-dollar market capitalization a couple of years ago, and today is about 1 percent below the level needed to exceed $2 trillion.

Apple is somewhat different from other “tech” companies, by which is meant computer technology.Other such as Microsoft, Google, Facebook and others tend to be software-oriented. [Read more…] about Apple poised to become $2 trillion company

Filed Under: Manufacturing, News Tagged With: apple, companies, company, india, manufacturing

Baemin launches outdoor delivery robot in South Korea

August 19, 2020 by Mai Tao

A company called Baemin, or Baedal Minjok, whose parent company is the better-known Woowa Brothers, has launched an outdoor delivery robot which is expected to be used for food deliveries. 

The robot is in service at the Gwanggyo Alley Way, a multipurpose housing complex in Gwanggyo, a planned city 25 km south of capital city Seoul.

When orders are placed in restaurants within the plaza via a Baemin app, the robot delivers to the ground floor of customer’s residence. [Read more…] about Baemin launches outdoor delivery robot in South Korea

Filed Under: Logistics, News Tagged With: baemin, brothers, company, customers, deliver, deliveries, delivery, dilly, drive, food, outdoor, restaurant, robot, robots, service, time, woowa

Warehouse automation company Attabotics raises $50 million in new funding

August 18, 2020 by David Edwards

Attabotics, a warehouse automation company, has raised $50 million in Series C funding.

The investment round was led by Ontario Teachers’ Pension Plan Board through its Teachers’ Innovation Platform, along with existing investor Honeywell, and brings Attabotics’ total funding to $82.7 million,

Attabotics says the new money will be used to “further accelerate its commercialization, invest in new technologies, scale manufacturing operations, and more”. [Read more…] about Warehouse automation company Attabotics raises $50 million in new funding

Filed Under: Logistics, News Tagged With: attabotics, chain, company, funding, ontario, retailers, space, structure, supply, teachers, warehouse

AutoX launches driverless taxi service in China

August 18, 2020 by Mai Tao

Driverless car startup AutoX has launched its RoboTaxi ride-hailing service in Shanghai, China to the general public for the first time, marking a transit milestone for China’s largest city.

AutoX RoboTaxis can be booked through Alibaba’s AutoNavi smartphone app, similar to other ride-hailing services.

AutoX, which has raised at least $160 million to date, according to Crunchbase, has also struck up a strategic partnership with Letzgo, a major taxi fleet operations company headquartered in Shanghai. [Read more…] about AutoX launches driverless taxi service in China

Filed Under: News, Transportation Tagged With: app, autox, china, cities, city, company, fleet, letzgo, operations, robotaxi, robotaxis, service, shanghai, taxi, vehicle, vehicles

New Chinese chipmaker’s progress could ease pain of US restrictions

August 18, 2020 by Mai Tao

The progress made by a relatively new Chinese chipmaker, called ChangXin Memory Technologies, could help ease the pain caused by increasingly wide-ranging US restrictions against China’s tech companies.

US President Donald Trump has already effectively banned Huawei from doing business in the country, which has led to American companies to shun the Chinese telecommunications and smartphones giant. And in the latest move, as reported by the Wall Street Journal, the Trump administration has introduced new rules prohibiting non-US companies from selling any chips made using American technology to Huawei “without a special license”.

Huawei has found it difficult to source chips and other components for its equipment, for which, in turn, the company has found fewer buyers. [Read more…] about New Chinese chipmaker’s progress could ease pain of US restrictions

Filed Under: Manufacturing, News Tagged With: billings, changxin, china, chinese, chips, companies, company, equipment, huawei, market, nikkei, percent, semi, semiconductor, silicon, wafers

Developing a Platform to Book Car Rental Online

August 17, 2020 by Polly

We live in a fast−paced world where everything is available to us at our fingertips. With a few finger taps on your phone, you can buy groceries, movies, books, and even a boat without ever leaving your home.

With this level of convenience that many people have grown accustomed to having, it can be difficult appeasing to customers using the old−fashioned route of booking a car by phone.

Car rental websites were one of the biggest ways of drawing in customers since it makes finding rental prices and information on what vehicle models are available with ease. [Read more…] about Developing a Platform to Book Car Rental Online

Filed Under: Promoted Tagged With: authenticated user, booking, business, car, car booking software, car rental online platform, company, customers, design car rental system, mobile app, rental, secure payment, software, system, vehicle models

Trump looking to ban Alibaba

August 17, 2020 by Mai Tao

Alibaba, which at one time was the world’s largest e-commerce company, is in the sights of US President Donald Trump, according to Reuters.

Asked directly at a White House briefing if he was considering a ban on Alibaba, Trump replied: “We’re looking at other things, yes we are.”

Alibaba is a Chinese company most famous for its business-to-business website Alibaba.com, where qualified buyers can contact and do businesses directly with manufacturers and other industrial companies in China. [Read more…] about Trump looking to ban Alibaba

Filed Under: Economy, News Tagged With: alibaba, ban, business, china, companies, company, tech, trade, trump

Robotics and Automation News Review: Fanuc and Kuka launch new robots, Pittsburgh ready to go to ‘infinity and beyond’, Foxconn moves operations out of China, and much more…

August 14, 2020 by David Edwards

Friday 14 August 2020: This is a new, weekly column – to be published every Friday – which rounds up all the most interesting news from the robotics and automation industry in the past seven days, in brief form. 

This Robotics and Automation News Review is also available to view on our YouTube channel.


Comau Robotics says it has created an “innovative, in-line testing and quality control system that optimizes the construction and assembly of batteries”. The company says the MI.RA / Thermography system uses thermal imaging and artificial intelligence to perform non-invasive automated assessment and control of welded joints, to ensure battery integrity and prevent waste.

Kuka Robotics has launched a new compact industrial robot. The company says its new KR 4 Agilus is “a hot candidate for first place in the small robotics charts from October onwards”.

Fanuc Robotics has launched a new “extremely compact” robot which it claims has the “best precision in its class”. The new M-10iD/16S robot is the most compact model of the M-10iD series, says Fanuc, adding that it combines the best features of its two predecessors, M-10iA/10MS and M-10iA/12S.

Hyundai Robotics has signed an agreement with Korea’s Asan Medical Center and KT for joint development and commercialization of smart hospital solutions on June 30th. The company is planning to prepare for the post-corona era with a smart hospital solution for infection management by ICT-based digital transformation.

Techman Robot, a manufacturer of collaborative robots, says it has adopted proactive steps against the new coronavirus. Techman Robot says it checks the health of its employees on a daily bases and collects global virus information. It also implementing prevention measures. The company maintains business communications online and is frequently in touch with all overseas offices, global distributors, partners, and customers.

HRG International Institute of Research and Innovation has unveiled a new floor cleaning robot, the SW10. The company says it is exclusively designed for floor cleaning tasks in commercial and industrial environments. The robot is combined with sweeping, mopping and vacuum cleaning functions and its work can maintain 2,000 square meters per hour.

Denso has established the Pittsburgh Innovation Lab, a new US research and development center designed to strengthen open innovation and enhance technology development that enables automated driving.

FedEx has installed industrial robotic arms to do what is considered the “most difficult” job to automate in a sorting facility in Memphis, USA. The logistics giant has integrated Yaskawa robots and software from Plus One Robotics into a robotic system that performs a task which involves picking up parcels or envelopes from a tray and placing them on a conveyor.

Foxconn, Apple’s main contract manufacturing partner, has moved a significant portion of its operations outside of China. The company has already moved an additional 5 percent of its operations to countries other than China, bring it up to 30 percent, compared with 25 percent last year.

Pittsburgh local authorities say they are looking to “infinity and beyond” after NASA awarded a local company, Astrobotic Technology, a $200 million contract to build and send the first-ever US robotic rover to the Moon by 2023.

Filed Under: Industry, News Tagged With: automated, automation, best, center, china, cleaning, compact, company, contract, control, designed, development, fanuc, floor, foxconn, friday, global, hospital, ia, industrial, infinity, innovation, kuka, launched, local, moved, news, operations, percent, pittsburgh, review, robot, robotic, robotics, robots, smart, system, techman, technology

Foxconn moving operations out of China

August 13, 2020 by Mai Tao

Foxconn, one of the most well known Chinese manufacturing companies as a result of its status as main supplier for Apple, is moving significant parts of its operations outside of China.

The company, which according to TechSpot reported almost $800 million net profit for the quarter ending in June, has already moved an additional 5 percent of its operations to countries other than China, bring it up to 30 percent, compared with 25 percent last year.

China is still overwhelmingly the main base for Foxconn’s manufacturing operations, representing some 70 percent of its production capacity, but the company is scouting many locations abroad. [Read more…] about Foxconn moving operations out of China

Filed Under: Manufacturing, News Tagged With: china, chinese, companies, company, current, foxconn, main, manufacturing, moving, national, operations, percent, security, trade, trading, trump

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