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ACN Newswire press release news - Recent Press Releases

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    Osamu Masuko CEO of Mitsubishi Motors Corporation, (right) collects awards from Naoya Nakamura President Director of MMKSI (left).
    TOKYO, Oct 12, 2018 - (JCN Newswire) - The Mitsubishi XPANDER has added yet more awards to its growing collection of titles. It has now been named as the 2018 FORWOT Car of the Year in Indonesia, the second time it has been named Car of the Year.

    Earlier this year the XPANDER was awarded as Car of the Year by OTOMOTIF Tabloid and was today named the Best Low MPV(1) as well as Favorite Car by reader survey from Gridoto.com. In total, the XPANDER has obtained nine major awards since it was launched.

    FORWOT Car of the Year is an event held by the Automotive Journalists Forum (FORWOT). At the 2018 awards, the Mitsubishi XPANDER outperformed its competitors from various brands, classes and types.

    Before being selected as FORWOT Car of the Year 2018, the XPANDER had undergone rigorous judging which consisted of several stages. In the initial phase, around 60 FORWOT members from various national media (print and online) voted and the XPANDER reached the top five shortlist.

    Then in the second stage, FORWOT asked 33 selected journalists to provide an assessment based on the criteria from the Car of the Year Committee - www.caroftheyear.org - with adjustments made for the Indonesian market and conditions.

    The final judging result showed that the Mitsubishi XPANDER won 216 points, 56 points ahead of its closest competitor.

    The Award was handed over by Indra Prabowo, FORWOT Chairman, to Bambang Kristiawan - Head of PR & CSR Department, Mitsubishi Motors Krama Yudha Sales Indonesia (MMKSI), the local distributor.

    For the latest two awards, the XPANDER has now been voted Favorite Car by Survey by readers of Gridoto.com,. The XPANDER was also awarded Best Low MPV by Gridoto's expert judges, thanks to its high-end features, comfort, value for money, fun to drive and attractive design.

    Commenting on the wins, Naoya Nakamura President Director of MMKSI said: "We are incredibly proud that the Mitsubishi XPANDER has been recognised again and again with awards. MMKSI strives to provide the best products and services for the satisfaction of consumers and the success of the XPANDER is proof that our hard work is being rewarded."

    Awards received by XPANDER

    1. Favorite Car by Survey, Gridoto Award 2018
    2. Best Low MPV, Gridoto Award 2018
    3. Car of The Year, FORWOT Car of The Year 2018
    4. Car of The Year, Otomotif Awards 2018
    5. Carvaganza Editor's Choice Award 2018
    6. Best of The Best MPV, Otomotif Awards 2018
    7. Best Low MPV, Otomotif Awards 2018
    8. New Kid on The Road of The Year, ICar Asia People's choice Awards 2017
    9. 1st Winner Favorite Car, GIIAS 2017

    (1) Best Low MPV: Best Small MPV

    About Mitsubishi Motors

    Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid electric vehicles. Since the Mitsubishi group produced its first car more than a century ago, we have demonstrated an ambitious and often disruptive approach, developing new vehicle genres and pioneering cutting-edge technologies. Deeply rooted in Mitsubishi Motors' DNA, our brand strategy will appeal to ambitious drivers, willing to challenge conventional wisdom and ready to embrace change. Consistent with this mindset, Mitsubishi Motors introduced its new brand strategy in 2017, expressed in its "Drive your Ambition" tagline - a combination of personal drive and forward attitude, and a reflection of the constant dialogue between the brand and its customers. Today Mitsubishi Motors is committed to continuous investment in innovative new technologies, attractive design and product development, bringing exciting and authentic new vehicles to customers around the world.

    Contact:
    Mitsubishi Motors Public Relations Department http://www.mitsubishi-motors.com +81-3-6852-4275

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    TOKYO, Oct 12, 2018 - (JCN Newswire) - Alliance Ventures, the corporate venture capital fund of Renault-Nissan-Mitsubishi, the world's largest automotive group by unit sales, today announced that it led a $5 million Series A investment in Coord, the US mobility data platform.

    The latest investment by Alliance Ventures is also supported by additional funding from Trucks, Urban.Us, DB Ventures and Joshua Schachter. They join Alphabet's Sidewalk Labs, a previous investor in Coord.

    "We are pleased to be adding Coord to our investment portfolio," said Francois Dossa, Alliance Global Vice President, Ventures and Open Innovation. "This promising and fast-growing business fits exactly with our goal to support technology start-ups and business entrepreneurs focused on next-generation mobility services."

    Initially focused on reaching developers with their robust suite of APIs, Coord intend to use this new financing to scale geographic coverage and build a comprehensive solution to enable enterprise customers to optimize their use of transportation infrastructure such as roads, curbs and parking lots.

    "We're excited to support Coord in their mission to make cities more livable by enabling seamless mobility for everyone," said Ryan Armbrust, Partner at Alliance Ventures. "Coord is building vital digital infrastructure that not only helps existing transportation modes operate more efficiently, but also enables rapid experimentation with new modes like scooter-share and autonomous vehicles."

    "We are grateful to have the support of a diverse group of investors who see the opportunity to transform the mobility market," said Stephen Smyth, CEO of Coord. "Alliance Ventures and others bring expertise across the transportation and urban technology sectors that will enable us to accelerate the adoption of mobility solutions in cities throughout North America."

    About Renault-Nissan-Mitsubishi

    Groupe Renault, Nissan Motor Company and Mitsubishi Motors represent the world's largest automotive alliance. It is the longest-lasting and most productive cross-cultural partnership in the auto industry. Together, the partners sold more than 10.6 million vehicles in nearly 200 countries in 2017. The member companies are focused on collaboration and maximizing synergies to boost competitiveness. They have strategic collaborations with other automotive groups, including Germany's Daimler and China's Dongfeng. This strategic alliance is the industry leader in zero-emission vehicles and is developing the latest advanced technologies, with plans to offer autonomous drive, connectivity features and services on a wide range of affordable vehicles.

    About Mitsubishi Motors

    Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid electric vehicles. Since the Mitsubishi group produced its first car more than a century ago, we have demonstrated an ambitious and often disruptive approach, developing new vehicle genres and pioneering cutting-edge technologies. Deeply rooted in Mitsubishi Motors' DNA, our brand strategy will appeal to ambitious drivers, willing to challenge conventional wisdom and ready to embrace change. Consistent with this mindset, Mitsubishi Motors introduced its new brand strategy in 2017, expressed in its "Drive your Ambition" tagline - a combination of personal drive and forward attitude, and a reflection of the constant dialogue between the brand and its customers. Today Mitsubishi Motors is committed to continuous investment in innovative new technologies, attractive design and product development, bringing exciting and authentic new vehicles to customers around the world.

    Contact:
    Mitsubishi Motors Public Relations Department http://www.mitsubishi-motors.com +81-3-6852-4275

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Opening Ceremony
    - MHPS marks long term commitment to Qatar by opening office in Doha to provide reliable and innovative energy solutions
    - New facility to support Qatar National Vision 2030 and the country's long term sustainable development

    Qatar, Oct 12, 2018 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) , a world leading supplier of equipment and services to the power generation market, marked the official opening of its office in Qatar with an event attended by senior government officials, members of the diplomatic corps, and prominent businessmen representing the energy sector. New office was registered and is operated under the administration of Qatar Financial Center (QFC) "which is specially organized by the State of Qatar".

    HE Dr. Mohammed Bin Saleh Al-Sada, Minister of Energy and Industry, attended as guest of honor and was joined by HE Seiichi Otsuka, Ambassador of Japan to Qatar, and Fahad Hamad Al-Mohannadi, general manager and managing director of Qatar Electricity & Water Company (QEWC).

    The opening of MHPS' office in Doha marks a new chapter in the firm's long-term commitment to supporting Qatar's 2030 National Vision and the country's sustainable development.
    As a manufacturer and supplier of power plants, boilers, generators, and gas and steam turbines, MHPS will supply Qatar with cutting-edge technology that supports the nation's economic diversification and provides industry with efficient and reliable energy with high environmental standards.

    The Doha office will provide an operational hub for MHPS in the country to distribute and showcase the latest power generation and associated technologies.

    "MHPS is proud to mark our commitment to working in partnership with Qatar with the opening of this office. The launch of our office today is a sign of our long-term commitment to helping enhance Qatar's economy and industry through MHPS innovations and state of the art technology," said Akimasa Muyama, chief technical officer and senior executive vice president of MHPS.

    "Qatar is going through transformational developments plans, and we are adapting to these changes by diversifying our products and operations to remain an active partner. Sustainable energy. Sustainable talent. Sustainable solutions, these are our priorities across the globe and nowhere more so than here in Qatar. MHPS has a long, proud history of bringing powerful ideas, and powerful products to the world and we are happy to add a new chapter to that history today in Doha" he added.

    About Mitsubishi Hitachi Power Systems, Ltd.

    Mitsubishi Hitachi Power Systems, Ltd. (MHPS) was formed on February 1 2014, integrating the thermal power generation systems businesses of Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd. in a quest to further enhance their social response capabilities in all respects. These include the technological strength to create new products of outstanding quality and reliability, the comprehensive strength in engineering to oversee projects in regions across the globe, and finely honed sales and after-sale servicing capabilities. MHPS aims to come out a winner in global competition and achieve a solid position as a world leader in thermal power generation systems and environmental technologies. For more information, please visit www.mhps.com.

    Contact:
    Corporate Communication Department Mitsubishi Heavy Industries, Ltd. Email: mediacontact_global@mhi.co.jp Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    TOKYO, Oct 12, 2018 - (JCN Newswire) - Mitsubishi Corporation and The Kinki Sharyo Co., Ltd. have received an order from Qatar Railways Company for 35 additional trains sets (105 cars) for the Doha Metro Project.

    The consortium consisting of Mitsubishi Heavy Industries, Ltd., Mitsubishi Corporation, Hitachi, Ltd. and Thales Canada, Inc. received the order to supply the Railway System for the Doha Metro Project in February 2015. The current order of 35 train sets (105 cars) is additional to the 2015 order. Qatar Railways Company is planning to add an extension in its construction of the Doha Metro Project, for which the additional trains are required. The 35 train sets will be delivered from 2020 to 2021.

    In "Qatar National Vision 2030", the country's development roadmap, public transportation is designated as an important target, with the Doha Metro Project as the key component of the master plan. The Doha Metro Project is also expected to be an important mode of public transportation during the FIFA World Cup to be hosted by Qatar in 2022.

    Collaboration between Mitsubishi Corporation and Kinki Sharyo dates back many years, during which time they have supplied some 1600 rail cars to clients in Egypt and approximately 400 rail cars to clients in Dubai. The two partners intend to keep up their efforts to export reliable high quality Japanese rail cars to railway markets worldwide.

    About Mitsubishi Corporation

    Mitsubishi Corporation, headquartered in Tokyo, is a global integrated business enterprise that develops and operates business across virtually every industry including industrial finance, energy, metals, machinery, chemicals, foods, and environmental business. Mitsubishi Corporation's current activities are expanding far beyond its traditional trading operations as its diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. For more information on Mitsubishi Corporation, please visit the company's website at https://www.mitsubishicorp.com/jp/en/.

    Contact:
    Mitsubishi Corporation Telephone: +81 3 3210 2171 Facsimile: +81 3 5252 7705

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    - Investment will accelerate the development of next-generation in-vehicle electronic platforms -

    KARIYA, JAPAN, Oct 12, 2018 - (JCN Newswire) - DENSO Corporation today announced it has taken a 2% equity stake in eSOL Co., Ltd., a leading developer of real-time embedded software solutions. DENSO will use eSOL's technologies to develop software for the systems and products required for automated driving.

    To improve the performance of automated driving and the utilization of external data for safety, in-vehicle electronic products must be integrated to ensure seamless control of the entire vehicle system. As in-vehicle systems become increasingly more complex, it will be necessary to update, rewrite or add software to coordinate with new electronic systems and electronic control units for automated driving. DENSO will work with eSOL as an important partner in rapid software development and will create next-generation electronic platforms through a technology advisor arrangement and personnel exchange.

    Founded in 1975, eSOL is the premium partner of AUTOSAR (Automotive Open System Architecture), a consortium organized by automakers and suppliers that standardizes automotive software platforms. In 2016, DENSO established a joint venture, AUBASS Co., Ltd., with eSOL and NEC Communication Systems, Ltd., to enable automakers to use complex in-vehicle software.

    DENSO will bring new value to the future of mobility through the development of in-vehicle electronic software, electronic systems, and electronic platforms - all of which will be used in connected and automated driving.

    About Denso

    DENSO Corp., headquartered in Kariya, Aichi prefecture, Japan has more than 220 subsidiaries in 35 countries and regions (including Japan) and employs approximately 170,000 people worldwide. Consolidated global sales for the fiscal year ending March 31, 2018, totaled US$48.1 billion. Last fiscal year, DENSO spent 8.8% of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges.

    For more information, go to www.denso.com.

    Visit our media website at www.denso.com/global/en/news/media-center/.

    Contact:
    Sadayoshi Yokoyama, Toshiko Watanabe DENSO CORPORATION Phone: 81-566-25-5594 Fax: 81-566-25-4509 sadayoshi_yokoyama@denso.co.jp toshiko_watanabe@denso.co.jp

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    TOKYO, Oct 12, 2018 - (JCN Newswire) - Eisai Co., Ltd. has announced that the National Medical Products Administration of China has accepted for review a New Drug Application for Eisai's antiepileptic drug (AED) perampanel (generic name, product name: Fycompa) as an adjunctive treatment for partial onset seizures in epilepsy patients 12 years of age and older. This NDA is the first to be submitted for perampanel in China.

    This application for perampanel in partial onset seizures in China was based on the results of three Phase III clinical studies conducted mainly in Europe and the United States, as well as the results of a Phase III clinical study (Study 335) conducted mainly in Asia including China and Japan.

    In China it is estimated that there are approximately 9 million patients with epilepsy, with approximately 60% being affected by partial-onset seizures, and 40% of these patients with partial-onset seizures require adjunctive treatment.(1) As approximately 30% of patients with epilepsy are unable to control their seizures with currently available AEDs,(2) this is a disease with significant unmet medical need.

    Perampanel is a first-in-class AED discovered at Eisai's Tsukuba Research Laboratories. Administered orally once-daily, it is a highly selective, noncompetitive AMPA receptor antagonist that reduces neuronal hyperexcitation associated with seizures by targeting glutamate activity at AMPA receptors on postsynaptic membranes.

    Perampanel has been approved in over 55 countries around the world as an adjunctive treatment for partial-onset seizures with or without secondarily generalized seizures in patients with epilepsy 12 years of age and older. In addition, perampanel has been approved in over 50 countries around the world as an adjunctive treatment for primary generalized tonic clonic seizures in patients with epilepsy 12 years of age and older. In the United States, perampanel is also indicated for monotherapy and adjunctive use in the treatment of partial-onset seizures with or without secondarily generalized seizures in patients with epilepsy 4 years of age and older.

    Eisai considers neurology including epilepsy, a therapeutic area of focus, and is striving to deliver perampanel to patients in China as soon as possible. In pursuit of our mission to provide "seizure freedom" to a greater number of patients living with epilepsy, Eisai seeks to address the diverse needs of, as well as increasing the benefits provided to, patients with epilepsy and their families.

    About perampanel (generic name, product name: Fycompa)

    Perampanel is a first-in-class AED discovered and developed by Eisai. With epileptic seizures being mediated by the neurotransmitter glutamate, the agent is a highly selective, noncompetitive AMPA receptor antagonist that reduces neuronal hyperexcitation associated with seizures by targeting glutamate activity at AMPA receptors on postsynaptic membranes. Perampanel is available in tablet form to be taken once daily orally at bedtime. In addition, an oral suspension formulation has been approved in the United States.

    Perampanel is currently approved in more than 55 countries and territories, including the United States, Japan, in Europe and in Asia as adjunctive treatment for partial-onset seizures (with or without secondarily generalized seizures) in patients with epilepsy 12 years of age and older. An application seeking approval for use in the treatment of partial-onset seizures has now been filed in China. In addition, perampanel has been approved in more than 50 countries, including the United States, Japan, in Europe and in Asia for treatment as an adjunctive therapy for primary generalized tonic clonic seizures in patients with epilepsy 12 years of age and older. In the United States, perampanel is also indicated for monotherapy and adjunctive use in the treatment of partial-onset seizures (with or without secondarily generalized seizures) in patients with epilepsy 4 years of age and older.

    Furthermore, Eisai is conducting a global Phase III clinical study (Study 338) for the agent in patients with seizures associated with Lennox-Gastaut syndrome. In Japan and Europe, Eisai is conducting a Phase III study in pediatric patients with epilepsy (Study 311). Additionally, a Phase III study of perampanel as monotherapy in untreated patients with partial-onset seizures 12 years of age and older is being conducted in Japan (Study 342).

    About Epilepsy

    Epilepsy affects approximately 3.4 million people in the United States, 1 million people in Japan, 6 million people in Europe, 9 million people in China, and approximately 60 million people worldwide. As approximately 30% of patients with epilepsy are unable to control their seizures with currently available AEDs,(2) this is a disease with significant unmet medical need.

    Epilepsy is broadly categorized by seizure type, with partial-onset seizures accounting for approximately 60% of epilepsy cases and generalized seizures accounting for approximately 40%. In a partial-onset seizure, an abnormal electrical disturbance occurs in a limited area of the brain, and may subsequently spread throughout the brain, becoming a generalized seizure (known as a secondarily generalized seizure). In a generalized seizure, abnormal electrical disturbances occur throughout the brain, and can be followed by a loss of consciousness or physical symptoms manifested throughout the whole body.

    (1) Clinical Guideline 2015 in China
    (2) "The Epilepsies and Seizures: Hope Through Research. What are the epilepsies?" National Institute of Neurological Disorders and Stroke, accessed May 24, 2016
    (3) Nishida T., et al. Adjunctive perampanel in partial-onset seizures: Asia-Pacific, randomized phase III study. Acta Neurol Scand. 2018; 137:392-399

    About Eisai

    Eisai Co., Ltd. is a leading global research and development-based pharmaceutical company headquartered in Japan. We define our corporate mission as "giving first thought to patients and their families and to increasing the benefits health care provides," which we call our human health care philosophy. With approximately 10,000 employees working across our global network of R&D facilities, manufacturing sites and marketing subsidiaries, we strive to realize our human health care philosophy by delivering innovative products in various therapeutic areas with high unmet medical needs, including Oncology and Neurology.

    As a global pharmaceutical company, our mission extends to patients around the world through our investment and participation in partnership-based initiatives to improve access to medicines in developing and emerging countries.

    For more information about Eisai Co., Ltd., please visit www.eisai.com.

    Contact:
    Media Inquiries: Public Relations Department Eisai Co., Ltd. +81-(0)3-3817-5120

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Overview of the analysis and digitalization of the reaction process of chemicals
    Daikin's Yodogawa Plant where the joint demonstration in the reaction process of chemicals will be conducted
    Second Step of Collaborative Creation Utilizing Image Analysis Technology Following Brazing Process for Air Conditioners

    TOKYO, Oct 12, 2018 - (JCN Newswire) - Daikin Industries, Ltd. (TSE: 6367) and Hitachi, Ltd. (TSE: 6501) announced today, as of October 2018, that they will start a joint demonstration to digitalize quality control know-how in the reaction process of chemical manufacturing, especially in fluorochemicals, at Daikin Yodogawa Plant (Settsu, Osaka Prefecture), as the second step in their collaborative creation. For this joint demonstration, Daikin and Hitachi will introduce a system that generates alarms for workers to ensure appropriate quality control instantaneously. Hitachi's image analysis technology of "Lumada" enables to visualize variety of status in reaction processes such as liquid foaming status and color change, all of which were previously checked visually by workers at certain designated points. This digitalization technology extracts the operating status data instantaneously and consecutively which leads to maintaining quality control and improving efficiency in the future.

    In recent years, given the diversification of customers' needs, rapid progress of digitalization, and intensifying global competition, there is a need for hi-mix low-volume production that meet customers' individual needs. In small-scale chemical production processes are difficult to be sensed using general instrumentation devices(1), quality is controlled by monitoring the production status with visual checks by workers at designated points. However, as the quality of finished products can vary even under the same manufacturing conditions-such as liquid amount and time-quality control requires considering factors that can be seen in liquid foaming state, color change, and other reaction states while the liquid is stirred, so as to improve the consistency of quality. Another issue, however, is that the frequency with which manufacturing processes can be monitored is restrained by the need to maintain productivity.

    Daikin and Hitachi advance their collaborative creation to achieve a next-generation production model utilizing advanced IoT. The first step of collaborative creation is to develop the "Brazing Skills Training Support System" that digitalizes brazing skills by using Hitachi's image analysis technology. Brazing skills requires advanced skills and expertise within the manufacturing process of air conditioners. The system commenced operation at Daikin's Shiga Plant from October 2017(2). Daikin is expanding applications to other locations worldwide.

    As the second step in their collaborative creation, Daikin and Hitachi have also applied Hitachi's image analysis technology and examined the digitalization of quality control know-how at the manufacturing process of fluorochemicals at Daikin's Yodogawa Plant. From the perspective of the "4Ms"; "Man," "Machine," "Material" and "Method," they have collected the time-series numerical values and image data of the reaction statuses of chemicals (e.g., liquid color and foaming) and equipment operation statuses (e.g., temperature and rotating speed) using cameras and sensors. By converting the image data to numeric data and correlating them with quality, it has become possible to establish quantitative criteria that affect the quality of finished products. Because of the criteria, the two companies gained the prospects of reducing defective rate and improving productivity and will begin a joint demonstration within the fluorochemicals manufacturing process.

    In this demonstration, Daikin and Hitachi will introduce the system on-site to verify the effects. In the future, the system will be enhanced by adding new factors of logic through monitoring and analyzing human-decision. This system will contribute to digitalize the manufacturing know-how of skilled, expert workers and to establish new manufacturing process in the future.

    Based on the results of this joint demonstration, Daikin and Hitachi will establish the system to evaluate and analyzes different reaction statuses in the chemical manufacturing. The system also intends to improve quality and productivity, as well as digitalization of the know-how of skilled, expert workers.

    Hitachi is expanding its image analysis technology of Lumada to manufacturing industries such as food and pharmaceuticals, as well as to chemical industries worldwide.

    (1) A series of devices and systems that measure and control the production state of specific products
    (2) Daikin and Hitachi Embark on Collaborative Creation Aiming to Establish a Next-Generation Production Model Utilizing IoT to Support Skill Transfer from Expert Workers (announced on September 26 2017)

    About Daikin Industries, Ltd.

    Daikin Industries, Ltd. (TSE: 6367), headquartered in Osaka, Japan, focuses on the air-conditioning and fluorochemicals business. The Daikin Group operates in more than 150 countries, contributing to healthy and comfortable lives through the providing of air conditioners and wide range of other products and services. The company's consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 2,290.6 billion yen ($20.6 billion). The Daikin Group has approximately about 70,000 employees worldwide. Constantly refining the atmosphere- and environment-related technologies that it has developed since its founding, Daikin strives to both solve problems of society and expand its business. For more information on Daikin, please visit the company's website at http://www.daikin.com/

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges, combining its operational technology, information technology, and products/systems. The company's consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

    Contact:
    Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Photo 1: Guests of honor officiate the project debut on stage (Back row from left to right):Dr. Margaret Choi, Chairman of Po Leung Kuk; The Hon Matthew Cheung Kin-chung, GBM, GBS, JP, Chief Secretary for Administration of the Hong Kong Special Administrative Region Government; Amy Lo, Chairman and Head of Greater China, UBS Wealth Management and Country Head, UBS Hong Kong Branch; John Garland, Adjudicator of Guinness World Records
    - UBS teams up with over 500 children to create the world's Largest coloring book titled "Coloring the Future of Hong Kong"
    - Concurrently, the annual UBS Hong Kong Philanthropy Fair is held, with a panel discussion themed "The Colors of Giving: From Passion to Action"


    HONG KONG, Oct 12, 2018 - (ACN Newswire) - UBS presented the Mega Art Project - creating the world's Largest coloring book (the "Project") - today at the Central Harbourfront in Hong Kong, setting a GUINNESS WORLD RECORDSTM title for the 'Largest coloring book'.

    The pictures in the 14-meter long giant coloring book "Coloring the Future of Hong Kong" were designed by a group of seven primary school student artists, and coloured by over 500 children from the local charity Po Leung Kuk as well as members of the public . The opening of the Project was officiated by The Hon. Matthew Cheung Kin-chung, GBM, GBS, JP, Chief Secretary for Administration of the Hong Kong Special Administrative Region (HKSAR) Government, Amy Lo, Chairman and Head of Greater China, UBS Wealth Management and Country Head, UBS Hong Kong branch, and Dr. Margaret Choi, Chairman of Po Leung Kuk. John Garland, the official adjudicator from Guinness World Records, announced the new world record had been set at 2:30pm today.

    The Chief Secretary, Mr Matthew Cheung Kin-chung, expressed his gratitude to UBS for organising the UBS Mega Art Project and showcasing the creativity of Hong Kong children through paper and crayons under the theme of "Future Hong Kong: imagining tomorrow's Hong Kong today". He stressed that children's growth and development ranked high on the policy agenda of the current-term HKSAR Government. An on-going, action-oriented and high-level Commission on Children has been set up under his chairmanship to strengthen Government's efforts and cross-sectoral collaboration in ensuring children's healthy growth and development in Hong Kong.

    The Mega Art Project is one of UBS's many initiatives to support art development in Hong Kong. Besides welcoming the public to color in the giant coloring book, UBS also invited community affairs partners and guests to join a number of art activities at the event. UBS has a history of supporting culture endeavours around the world, bringing together ideas and inspiration for the community, through art.

    "We are delighted to be able to set a new world record together with the HKSAR government and Po Leung Kuk, marking a 'colorful' milestone for Hong Kong. UBS believes in the power of the arts, which can present fresh perspectives, inspire new ideas and bring all in the community closer together. The coming together of many young, bright minds and small artistic fingers has made this project possible and, through their eyes, we can see the Hong Kong they wish to build as they grow up. And from that we know the future of our city is in good hands," said Amy Lo.

    The giant coloring book features the drawings of seven students, six of whom were winners of the UBS and PLK Mega Art Competition. The seventh student is the child of a UBS staff member, whose artwork was selected by the coloring book's editor, Color My World. Local artist Samantha Li was also involved in the artwork selection process. The coloring book was edited by Hong Kong-based Swedish illustrator Andreas von Buddenbrock, who also gave illustration courses to children at the Mega Art event today.

    Dr. Margaret Choi said, "Our children were extremely excited and proud to take part in this Mega Art Project. Through art, young people not only learn to appreciate aesthetic values, but also to see the world from different perspectives, to let their imagination roam, to challenge the status quo and express themselves. Our children are fortunate to have an environment which supports them explore art."

    At the same venue today and complementing the Mega Art Project, UBS held its annual UBS Hong Kong Philanthropy Fair, which included a panel discussion themed "The Colors of Giving: From Passion to Action". The event was joined by more than 40 non-governmental organizations and more than 1,000 clients, staff and students. The Fair served as a platform for people to learn about the dedicated causes of different NGOs and allowed visitors to explore the interesting and meaningful volunteer projects through which philanthropists may make a positive impact on the local community.

    UBS will continue to contribute to creating a better Hong Kong by giving to and volunteering in the local community. UBS remains a steadfast supporter of arts development in the city.

    About UBS
    UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS' strategy is centered on our leading global wealth management business and our premier universal bank in Switzerland, enhanced by Asset Management and the Investment Bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

    UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

    UBS and Contemporary Art
    UBS has a long and substantial record of contemporary art patronage. At the core of this commitment is the UBS Art Collection, one of the world's largest and most important corporate art collections, with more than 30,000 artworks. The firm actively enables clients and audiences to participate in the international conversation about art through its global lead partnership with Art Basel, its partnership with Taipei Dangdai, and with leading museums around the world including the Fondation Beyeler in Switzerland, the Louisiana Museum of Modern Art in Denmark, the Deichtorhallen in Hamburg, Museo del Palacio de Bellas Artes in Mexico City and the Art Gallery of New South Wales in Sydney, Australia. UBS provides its clients with insight into collecting and the art market and co-publishes the Art Basel and UBS Global Art Market Report. The firm shares its passion for art and collecting with a global community, and recently established the UBS Art Collectors Circle, to connect collectors and cultural philanthropists who are passionate about art, to share knowledge and best practice. For more information about UBS's commitment to contemporary art, visit ubs.com/art.

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    Media contact:
    Fiona Chan (t) 2971 8837 (e) Fiona-y.chan@ubs.com
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    Strategic Financial Relations Limited
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    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Signing Ceremony
    - State-of-the-Art Pressurized Water Reactor Plant Utilizes MHPS' Turbine Power Generation Facilities -

    - All standards required by China cleared in functional, safety confirmation, and performance tests
    - 1,250 MW high-quality turbine generation facilities to contribute to stable energy supplies

    YOKOHAMA, Japan, Oct 12, 2018 - (JCN Newswire) - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) announces that the steam turbine generation facilities supplied for the Sanmen nuclear power plant in China have cleared all necessary functional, safety confirmation, and performance tests, with a signing ceremony held on October 11. The turbine generators being used at the nuclear power station are MHPS' mainstay model with a 54-inch last stage blade. These systems have a proven track record at power generation facilities in Japan, and are now being used in full-fledged operations in China for the first time. The Sanmen Nuclear Power Station is the world's first commercial 3rd Generation 1,250 megawatt class pressurized water reactor (AP1000).

    The Sanmen nuclear power plant was built by Sanmen Nuclear Power Co., Ltd. in Sanmen, Zhejiang Province, south of Shanghai. The facility comprises two units, each with an output of 1,250 megawatts. MHPS provided six low-pressure turbines, two high-pressure turbines, the main valves and other equipment for the two units within the facility. Harbin Electric Corporation handled the turbine casing, heat exchanger, auxiliary equipment and other equipment, while Mitsubishi Electric and Harbin Electric each supplied one of the two generators. The designs for the turbine, heat exchanger, and auxiliary equipment were all provided by MHPS through a technology transfer.

    The Sanmen Unit 1 began fuel loading at the end of April 2018, and reached 100% output in mid-August. After clearing performance tests and the 168 hours of continuous demonstrated operation additionally required by the Chinese government, the plant began commercial operation. The power generating unit, as noted previously, is the world's first commercial AP1000. MHPS assigned engineers on a long-term basis to conduct prior verification tests with the nuclear reactor and turbine sides, as well as confirmation tests on site. The meticulous project management and close communication led to a smooth start of commercial operations.
    Going forward, MHPS will continue to contribute to resolving the global issues of stable energy supplies, economic development, and reducing the environmental load by providing steam turbines for safe, reliable, and high-quality nuclear power generation facilities.

    About Mitsubishi Hitachi Power Systems, Ltd.

    Mitsubishi Hitachi Power Systems, Ltd. (MHPS) was formed on February 1 2014, integrating the thermal power generation systems businesses of Mitsubishi Heavy Industries, Ltd. (MHI) and Hitachi, Ltd. in a quest to further enhance their social response capabilities in all respects. These include the technological strength to create new products of outstanding quality and reliability, the comprehensive strength in engineering to oversee projects in regions across the globe, and finely honed sales and after-sale servicing capabilities. MHPS aims to come out a winner in global competition and achieve a solid position as a world leader in thermal power generation systems and environmental technologies. For more information, please visit www.mhps.com.

    Contact:
    Corporate Communication Department Mitsubishi Heavy Industries, Ltd. Email: mediacontact_global@mhi.co.jp Tel: +81-(0)3-6716-2168 Fax: +81-(0)3-6716-5860

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Join Forces to Capture Numerous Opportunities in Optical Networking Sector

    HONG KONG, Oct 12, 2018 - (ACN Newswire) - Leading high-technology enterprise O-Net Technologies (Group) Limited ("O-Net") (stock code: 877) has today announced that it has invested in and formed a strategic partnership with InLC Technology Inc. ("InLC"), a Korea-based technology company focused on liquid crystal (LC) and liquid-crystal-on-silicon (LCoS) WSS and DGE, and other products in wired telecom equipment manufacturing, in order to capture numerous opportunities and huge potential in the optical networking sector for both the telecommunications and data-communications markets.

    Founded in 2009, InLC is led by an experienced management team with expertise in liquid crystal fabrication, optical networking, and display technology. Dr. Sam Suh, CEO of InLC, is a seasoned entrepreneur and a holder of several US patents related to ROADM components, liquid crystal technology, WSS, wavelength blockers, tunable filters, VOAs, and other optical components. InLC owns proprietary LC and LCoS fabrication facilities enabling complete control over the design and manufacturing of the optical engines used in wavelength selective switches and other modules.

    Through this strategic partnership, O-Net's optical networking products can incorporate InLC's technologies to create value-added products and solutions which are expected to be welcomed by the global customers of both companies.

    Mr. Austin Na, Chairman and CEO of O-Net, said, "We are very excited to forge a strategic partnership with InLC. InLC is a leading Korean-based technology company with excellent expertise to design and manufacture high performance LC and LCoS engines customised for telecom and optical networking applications. Through the strategic partnership, we can join hands to market our optical networking products and solutions which will be equipped with InLC technologies. We believe the strategic partnership between O-Net and InLC can bring synergies to both companies as we will join forces in marketing and sales efforts to promote our value-added solutions and products to our telecom and datacom customers in the future. We look forward to strengthening our collaboration with InLC to create a win-win situation between both parties as well as for our customers."

    Dr. Sam Suh, CEO of InLC, said, "We are very pleased that O-Net with its strong capabilities and excellent track record in optical networking solutions is partnering with us. The strategic partnership with O-Net gives InLC the ability to address even more opportunities and leverage our technology in more areas than we would by ourselves. InLC's WSS, DGE, and other LC and LCoS products greatly complement O-Net's industry-leading optical subsystems solutions. We believe that our customers and the communications equipment industry in general will benefit significantly from the superior products and solutions that InLC and O-Net will deliver."

    About O-Net Technologies (Group) Limited (Stock code: 877)
    O-Net Technologies (Group) Limited, with headquarters in Shenzhen, was listed on the Stock Exchange of Hong Kong Limited on 29 April 2010. It is a leading supplier of optical networking products to the global optical telecommunications and data-communications markets. To further strengthen the Group's leadership in the global technology industry, O-Net, along with 3SP and ITF, secures the supply of advanced laser chips and optical components in order to widen the Group's product range and improve its technologies through vertical integration. On the back of the Group's core optical networking technology platform, it has diversified from its core business to certain new businesses including industrial applications and consumer electronics, and has re-positioned its strategic focus from a sole telecoms passive component supplier to a high technology leader with advanced products and solutions for cloud data centres, automation, sensing and industrial laser, as well as ADAS with an aim to become a leading high-tech company.

    About InLC Technology Inc.
    InLC was founded in 2009 by an experienced team with expertise in liquid crystal fabrication, optical networking, and display technology. InLC develops and sells products for optical networking and telecommunications, leveraging the global investment in high-volume low-cost LCD technology and associated drive electronics. InLC owns the LC and LCoS fabrication facilities and controls all aspects of the design and manufacturing of high-performance LC and LCoS engines customized for telecom and optical networking. InLC's product offerings include flexible grid dynamic gain equalizers (DGE) and flexible grid wavelength selective switches (WSS).

    Media enquiries:
    Strategic Financial Relations Limited
    Maggie Au +852 2864 4815 maggie.au@sprg.com.hk
    Ka Wai Li +852 2864 4855 kawai.li@sprg.com.hk
    Fax: +852 2527 1196 / 2804 2789


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Visitors throng this year's Hong Kong Electronics Fair (Autumn Edition) and electronicAsia, which feature more than 4,300 exhibitors from 25 countries and regions, forming the world's largest electronics marketplace.
    The Hall of Fame at the Autumn Electronics Fair showcases the latest products from more than 560 top international brands.
    The Tech Hall at the Autumn Electronics Fair spotlights high-tech thematic zones including Startup, Virtual Reality (VR), Robotics & Unmanned Tech, Smart Tech and 3D Printing.
    Top Global Brands & Start-ups at World's Largest Electronics Marketplace

    HONG KONG, Oct 13, 2018 - (ACN Newswire) - The 38th HKTDC Hong Kong Electronics Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), and the 22nd electronicAsia, jointly organised by the HKTDC and MMI Asia Pte Ltd, opened today at the Hong Kong Convention and Exhibition Centre (HKCEC) and continue until 16 Oct. As the world's largest electronics marketplace, this year's Autumn Electronics Fair and electronicAsia together host more than 4,300 exhibitors from 25 countries and regions.

    The HKTDC has organised more than 140 buying missions, representing over 14,000 buyers from 64 countries and regions to the two fairs. These missions include major international retailers, importers and distributors such as eBay from the United States, Canadian Tire Corporation from Canada, Dixons Carphone from the United Kingdom, Hama from Germany, CAP Distribution from France, Absolut Group from Russia, Multilaser from Brazil, Tmall from the Chinese mainland, Reliance Retail from India and Fabtronics from Singapore, creating more business opportunities for exhibitors.

    "The two fairs spotlight the industry's latest innovative products and technologies such as artificial intelligence (AI), the Internet of Things (IoT), robotics, power supply and sensor technologies, providing an ideal trading platform for the exhibitors and buyers," said Benjamin Chau, Acting Executive Director, HKTDC. "Many events are also organised to facilitate industry exchange, including today's Symposium on Innovation & Technology, where representatives from tech giants such as Microsoft, IBM and SenseTime shared their insights on business opportunities under the theme 'AI Empowerment - Grow without Limits'. The symposium helped the industry grasp the latest market information to enhance business in the face of global economic uncertainty."

    Global Brands at Autumn Electronics Fair

    The Hall of Fame, a highlight of the Autumn Electronics Fair, gathers the latest electronic products from more than 560 top international brands - including Italy's LAICA, the UK's Binatone and the Netherlands' Bourgini - as well as local brands Goodway and VTech. Other zones include i-World showcasing smart device accessories, Wearable Electronics, Audio Visual Products and Electronic Gaming. There are also group pavilions from the mainland, Korea and Taiwan, including Ningbo city in Zhejiang province which brings its electronics products and technology to the fair for the first time.

    The Tech Hall, located at the Convention Hall, features five thematic zones to facilitate the sourcing of high-tech electronic products, including the Startup, Virtual Reality (VR), Smart Tech, Robotics & Unmanned Tech and 3D Printing zones. Exhibits include mainland exhibitor Tuya's latest smart home products (Booth: CH-H04), local exhibitor Roborn Dynamics' robotic arm which can handle high-risk tasks (Booth: CH-B01) and a smart underwater robot developed by a Shenzhen exhibitor that can hover within a precise range of 2-3cm (Booth: CH-P07).

    110 Start-ups Launch their Latest Technology

    The Tech Hall features the Startup zone, gathering 110 start-ups from Hong Kong, the mainland, Denmark, Japan, Korea, Taiwan and the US. They introduce the latest innovations such as apps, smart-home solutions, wearable tech, IoT appliances, big data and electronic healthcare products and technologies. Featured products include an award-winning smart wireless charger from US exhibitor Gogotoro LLC (Booth: CH-F07), an infrared projection virtual keyboard by Taiwanese exhibitor Serafim Technologies Inc. (Booth: CH-G05), multifunctional helmet gear Headsup (Booth: CH-D01) and a smart temperature-humidity sensor (Booth: CH-F04) developed by local start-ups.

    Start-up-themed Events

    To support start-up development, the fair features a series of start-up-themed events to provide a platform where entrepreneurs can meet potential partners and exchange market information. Today's events included a seminar providing tips for digital business banking (organised by Hang Seng Commercial Banking) and Media Pitch Day for start-ups to promote solutions and products to media. Start-ups also obtained valuable advice on business development at the Meet the Mentors session.

    Representatives from the Angel Investment Foundation, BraveSoldier Venture Capital and well-known technology and business media platform Techsauce from Thailand will share their insights on marketing, crowdfunding and success cases at other start-up events. Startup Smart Launch sessions are held during the fair for start-ups to promote their solutions and products to investors and buyers.

    Events to take place on Monday (15 Oct) include the Value Creation for Technology: Investment Pitching Competition, the Investment Matchmaking session featuring one-on-one meetings between start-ups and investors, as well as a start-up networking event (organised by Hang Seng Commercial Banking).

    Symposium on AI Trends

    To help industry players grasp the latest market information, the fair is hosting a series of forums and seminars, including today's Symposium on Innovation & Technology, co-organised by the HKTDC and the Hong Kong Electronics & Technologies Association, where Nicolas Yang, Secretary for Innovation and Technology, Hong Kong Special Administrative Region, delivered the opening speech.

    Under the theme "AI Empowerment - Grow without Limits", the symposium featured heavyweight speakers including Garrick Ng, Chief Technology Officer, Cisco Hong Kong, Macau and Taiwan; Vincent Wong, Associate Director, Consulting, Deloitte China; David Chow, Partner and General Manager, Global Business Services, IBM Hong Kong; Winnie Chu, Cloud and Enterprise Business Group Lead, Microsoft Hong Kong Ltd.; and Jessie Lin, Vice President, SenseTime. They discussed AI development trends through case studies as well as challenges and opportunities in such fields as Internet security, machine learning, product design and applications.

    Concurrent electronicAsia

    Held concurrently with the Autumn Electronics Fair, electronicAsia creates an unrivalled sourcing platform for electronic components and production technologies. The Power Supplies spotlight zone presents various battery types, including electric car batteries, power supply accessories as well as solar photovoltaic components and technologies. Other featured exhibits include printed circuit boards and electronic manufacturing services (EMS), display technology, keyboards and switches, as well as sensor technologies used in automation systems.

    To match buyer demand, there will be a Sensor Technology Forum tomorrow (14 Oct) where professors from Darmstadt University and Ernst Abbe University for Applied Sciences Jena in Germany, as well as a representative from start-up magazine NKF Media, will examine sensor applications in IoT, blockchain, mobile quality assurance and vehicles. At the Hong Kong Electronic Forum on 15 Oct, a professor from the University of Maryland in the US and a representative from Singaporean electronic component testing company Viscom Machine Vision will discuss AI enhanced reliability and functional safety for electronic products.

    Other seminars include "3D Printing: Now and Beyond" (15 Oct) and "Symposium on Innovation & Technology - Technologies & Success Applications in An Age Of AI" (16 Oct). There are also buyer forums, product demos and launch pad sessions, as well as networking events for the industry to exchange information on the latest market trends and establish business connections.

    Fair Website
    Hong Kong Electronics Fair (Autumn Edition): http://hkelectronicsfairae.hktdc.com
    electronicAsia: www.electronicasia.com
    Photo download: https://bit.ly/2A7CkmE

    About HKTDC

    The Hong Kong Trade Development Council (HKTDC) is the dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. Please visit www.hktdc.com/aboutus or follow us on Google+, Twitter@hktdc, LinkedIn.

    Contact:
    Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Joshua Cheng, Tel: +852 2584 4395, Email: joshua.cp.cheng@hktdc.org

    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Heavyweight speakers share their insights at the Symposium on Innovation & Technology (13 Oct) under the theme "AI Empowerment - Grow without Limits". The symposium is one of the highlight events of the 38th HKTDC Hong Kong Electronics Fair (Autumn Edition), organised by the HKTDC, and the 22nd electronicAsia, jointly organised by the HKTDC and MMI Asia Pte Ltd. The two fairs opened on 13 Oct and continue through 16 Oct at the Hong Kong Convention and Exhibition Centre.
    Nicolas Yang, Secretary for Innovation and Technology, Hong Kong Special Administrative Region, delivers opening remarks at this year's Symposium on Innovation & Technology.
    Vincent Wong, Associate Director, Consulting, Deloitte China, discusses why enterprises around the world will adopt AI and how senior executives view artificial intelligence (AI) in their companies now and in the future.
    Theme: "AI Empowerment - Grow without Limits"

    HONG KONG, Oct 14, 2018 - (ACN Newswire) - Artificial Intelligence (AI) has become more than a buzzword in recent years. It is being used to make enormous advances in productivity and enhance the customer experience in industries as diverse as manufacturing, banking, insurance and retail. The 13 Oct morning session of the Symposium on Innovation and Technology, under the theme "AI Empowerment - Grow without Limits", held during the 38th HKTDC Hong Kong Electronics Fair (Autumn Edition), focused on how AI can empower organisations, how to deal with some of the challenges associated with AI implementation, and how AI will affect the employment picture.

    In his opening remarks, Nicolas Yang, Secretary for Innovation and Technology, Hong Kong Special Administrative Region (HKSAR), highlighted some of the HKSAR Government's recent initiatives to promote and develop AI in Hong Kong, noting that the government has made AI one of its key focuses.

    AI Is Here - Smarter Together

    In his talk, Vincent Wong, Associate Director, Consulting, Deloitte China, discussed why enterprises around the world will adopt AI and how senior executives view AI in their companies now and in the future. Deloitte is one of the world's largest professional services companies, with 263,000 professionals in fields such as accounting, risk advice, compliance, legal services, and management consulting. Deloitte has three fintech labs, one of which is in Hong Kong, where the firm helps companies develop AI strategies, such as natural language processing (NLP) Chatbots and other analytical tools.

    "AI is becoming part of our daily lives," said Mr Wong. "And it is going to transform industries." He shared some interesting results of a survey of 250 senior executives to provide a snapshot of what has been happening in the past 12 months. Some 87% of respondents said AI is important or very important for enhancing their product and service offerings, 92% said it was helping their internal processes, and 57% said AI will help their companies run and transform faster than their competitors in the next two to three years.

    Mr Wong defined AI as "an umbrella of collective technologies that predict patterns and give insights that humans cannot provide in the same time frame". He divided AI into several categories: computer vision, machine learning, NLP, robotic processing automation (RPA), and speech recognition and optimisation.

    Companies are deploying AI in a wide range of industries, he said. In back-office operations, they are using RPA for record keeping and matching work in finance and accounting, and in the legal field to help review contracts and to assist with compliance and fraud issues. In human resources, companies use AI to source the best candidate for a position. AI is used in information systems to predict hardware malfunctions and plan preventive maintenance, and it is used in the supply chain to identify patterns and show how the supply chain can be adjusted for maximum efficiency. AI is used in sales operations and in customer service, from Chatbots handling simple enquiries to those that identify high-risk or high-potential conversations.

    Regarding AI's effect on employment, Mr Wong said, "AI will reduce the workload, but it will help business productivity, which will lead to hiring more people."

    Mr Wong also focused on how to develop an AI culture within the organisation. "Learn about it. Use it. Learn from experts. Focus on change, not just cost-cutting," he suggested.

    In deciding who should lead the AI programmes, he said it depended on the company's priorities: the CFO is often the ideal choice for leadership and vision, although the programmes could be led by the CTO if the focus is on creating new services for clients, by the CIO if improving processes internally is key, or by the COO if what is required is a strong sense of data and relationships, and resource allocation.

    Interestingly, only 17% of senior executives in Deloitte's survey said they understood the concepts and application of AI in their company, but 83% said they immediately saw substantial benefits when applying AI projects and said the financial benefits grew with experience.

    Mr Wong concluded with three key pieces of advice: (1) jump in now, take a hands-on approach and be an early adopter of AI; (2) focus on change, not just cost-cutting; and (3) learn about AI and work with an expert.

    Human-Centred Design in an Artificial Intelligence World

    Laine Mann, Global Congress Lead of Pfizer's Global Commercial Operations, discussed the methodology of design thinking, focusing on five pillars: empathising, defining, ideating, prototyping and testing.

    Emphasising involves interviewing colleagues or clients with open-ended questions to draw out their stories. "Walk in their shoes. Learn how they feel, what they think and what they are doing," she suggested. "Continue to ask 'why' until you identify their challenges or problems." She used the heart-warming experience of Doug Dietz, the design leader of the MRI machine at GE Healthcare, as an example of the importance of empathy in design. When Doug watched a frail young patient approach his stark, all-white scanner, crying with fear, it triggered a personal crisis that changed his perspective on design forever. His subsequent efforts to see the machine through the eyes of a young child resulted in a pilot programme that changed the MRI suite into a children's adventure story - a pirate ship or adventure ride - with the young patient in a starring role, thus dramatically reducing the number of patients that had to be sedated and increasing patient satisfaction scores.

    The defining stage involved "defining the customers' pain points and challenges to determine how problems can be solved in a unique way," said Ms Mann. The key is to frame the problem in the right way, she added. The ideating stage involves brainstorming - developing the broadest range of possibilities, including wild outcomes, to identify solutions.

    Regarding the prototype and testing stages, Ms Mann said, "Build to think, test to learn." The prototype doesn't have to be perfect, but "it allows you to see what the future looks like," she pointed out. At the testing stage, the prototype is taken to the customer "to learn, not to validate". Depending on what is learned, the process may go back to the defining or prototype stage, added Ms Mann.

    The Future Is Now -- Empowering Industry through AI

    "AI is used in virtually every industry," remarked Jesse Lin, Vice President of SenseTime, which is said to be the world's most valued AI start-up. "It (AI) is becoming a general-purpose technology."

    She noted that computers were developed about 80 years ago, and neural networks about 30 years ago. In contrast, deep learning was first applied to facial recognition only in 2014. This deep learning depends on three key elements: (1) algorithms, (2) computer power, since you need CPU power to train models, and (3) data, which is the most important element allowing AI.

    Founded in 2014 by the head of the Multimedia Lab at The Chinese University of Hong Kong, SenseTime focuses on basic research, specialising in deep learning and computer vision.

    Ms Lin reviewed the wide range of verticals her company works with, in which AI+ is now being used extensively: smartphones, mobile internet, smart retail, fintech, smart city and autonomous driving.

    In smart retail, companies such as Ikea and Walmart build a customer profile using facial recognition both to enhance the customer experience and to help prevent store losses. The system can recognise gender, age, time spent in each section, sequence of store movement and more to learn more about each customer's interests to provide a better shopping experience. SenseTime is also involved in developing unmanned stores on the Chinese mainland, in which a computer monitor checks which items are removed from shelves, and the customers ask for permission to deduct the purchases from their e-wallet.

    In AU+ Fintech, ID verification is made through Sense ID. The customers take a photo with their mobile phone for permission for bank transactions, for example. The system has an error rate of only 1 in 100 million.

    AI+ Automobile is used to enable autonomous driving. "We use image recognition to teach the car to see even when the path isn't clear," explained Ms Lin.

    She also addressed the jobs concern caused by the rise of AI, pointing out that AI is useful for specific tasks, but that it needs human interaction. "The future is in humans and AI," she said. The challenge is to work together, like a team."

    Panel Discussion

    In a discussion on helping small and medium-sized enterprises (SMEs) find ways to integrate AI in their operations, panel members mentioned current government initiatives, such as the tech voucher programme, and things the government could do more of, such as helping SMEs retrain and retool. Mr Wong pointed out that SMEs were more agile than large companies and can move new concepts to market much more quickly. He said the key was to help SMEs articulate their problems. "They have ideas, but can't articulate the next step," he said. "They need direction, hints and support." He pointed out that there were a lot of AI training packages available online.

    Another topic covered by the panel was how to handle the inevitability of job loss related to AI. Ms Mann suggested this be framed around enhancement. "AI will help enhance a company's products and services, thus generating more business, but there will always be a need for human contact," she said. Garrick Ng, Chief Technology Officer of CISCO Hong Kong, said that employees need to understand that AI is helping enhance products and services, not replacing humans. "People will need help undergoing retraining, but they will be part of the journey," he said. "Humans empower business, and AI helps companies make better decisions more efficiently."

    Mei-kei Ieong, Chief Technology Officer, Hong Kong Applied Science and Technology Research Institute Company Limited (ASTRI), said that AI will not replace humans, but certain jobs, such as bank tellers and store check-out clerks, would disappear and that how the transition is managed is the key.

    Comparing Hong Kong and the Chinese mainland in the tech field, the panellists agreed that the mainland was ahead in areas such as AI and e-pay, and that Hong Kong companies were more cautious in general than their mainland counterparts, but that this was not necessarily a bad thing. Hong Kong has many advantages, they pointed out, especially in basic research in the universities, advanced technology used in the financial and logistics industries, good financial markets that can support start-ups, and better risk control, consumer protection and law enforcement.

    "Hong Kong provides a good balance between technology and consumer protection," said Charles Mok, Hong Kong Legislative Councillor for the information technology (IT) sector. "Hong Kong has the same concerns many other places have, so Hong Kong is a good place to find solutions."

    The Symposium on Innovation & Technology continues on Tuesday (16 Oct) under the theme "Technologies & Success Applications in an Age of AI".

    Other highlight events of the Hong Kong Electronics Fair (Autumn Edition) 2018 include the Hong Kong Electronic Forum, which will be held tomorrow (15 Oct). Speakers including Michael Pecht, Chair Professor and Director of Centre for Advanced Life Cycle Engineering, University of Maryland in the United States; Norbert Meuser, Managing Director, Viscom Machine Vision Pte Ltd; and Ron Starman, President, Intertek EWA will discuss AI enhanced reliability and functional safety for electronic products.

    Fair Website
    Hong Kong Electronics Fair (Autumn Edition): http://hkelectronicsfairae.hktdc.com
    electronicAsia: www.electronicasia.com
    Photo download: https://bit.ly/2NFJHVS

    About HKTDC

    The Hong Kong Trade Development Council (HKTDC) is the dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. Please visit www.hktdc.com/aboutus or follow us on Google+, Twitter@hktdc, LinkedIn.

    Contact:
    Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Joshua Cheng, Tel: +852 2584 4395, Email: joshua.cp.cheng@hktdc.org

    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Join Forces to Capture Numerous Opportunities in Optical Networking Sector

    HONG KONG, Oct 12, 2018 - (ACN Newswire) - Leading high-technology enterprise O-Net Technologies (Group) Limited ("O-Net") (877.HK) has today announced that it has invested in and formed a strategic partnership with InLC Technology Inc. ("InLC"), a Korea-based technology company focused on liquid crystal (LC) and liquid-crystal-on-silicon (LCoS) WSS and DGE and other products in wired telecom equipment manufacturing, in order to capture numerous opportunities and huge potential in the optical networking sector for both the telecommunications and data-communications markets.

    Founded in 2009, InLC is led by an experienced management team with expertise in liquid crystal fabrication, optical networking, and display technology. Dr. Sam Suh, CEO of InLC, is a seasoned entrepreneur and a holder of several US patents related to ROADM components, liquid crystal technology, WSS, wavelength blockers, tunable filters, VOAs, and other optical components. InLC owns proprietary LC and LCoS fabrication facilities enabling complete control over the design and manufacturing of the optical engines used in wavelength selective switches and other modules.

    Through this strategic partnership, O-Net's optical networking products can incorporate InLC's technologies to create value-added products and solutions which are expected to be welcomed by the global customers of both companies.

    Mr. Austin Na, Chairman and CEO of O-Net, said, "We are very excited to forge a strategic partnership with InLC. InLC is a leading Korean-based technology company with excellent expertise to design and manufacture high performance LC and LCoS engines customised for telecom and optical networking applications. Through the strategic partnership, we can join hands to market our optical networking products and solutions which will be equipped with InLC technologies. We believe the strategic partnership between O-Net and InLC can bring synergies to both companies as we will join forces in marketing and sales efforts to promote our value-added solutions and products to our telecom and datacom customers in the future. We look forward to strengthening our collaboration with InLC to create a win-win situation between both parties as well as for our customers."

    Dr. Sam Suh, CEO of InLC, said, "We are very pleased that O-Net with its strong capabilities and excellent track record in optical networking solutions is partnering with us. The strategic partnership with O-Net gives InLC the ability to address even more opportunities and leverage our technology in more areas than we would by ourselves. InLC's WSS, DGE, and other LC and LCoS products greatly complement O-Net's industry-leading optical subsystems solutions. We believe that our customers and the communications equipment industry in general will benefit significantly from the superior products and solutions that InLC and O-Net will deliver."

    About O-Net Technologies (Group) Limited (Stock code: 877)
    O-Net Technologies (Group) Limited, with headquarters in Shenzhen, was listed on the Stock Exchange of Hong Kong Limited on 29 April 2010. It is a leading supplier of optical networking products to the global optical telecommunications and data-communications markets. To further strengthen the Group's leadership in the global technology industry, O-Net, along with 3SP and ITF, secures the supply of advanced laser chips and optical components in order to widen the Group's product range and improve its technologies through vertical integration. On the back of the Group's core optical networking technology platform, it has diversified from its core business to certain new businesses including industrial applications and consumer electronics, and has re-positioned its strategic focus from a sole telecoms passive component supplier to a high technology leader with advanced products and solutions for cloud data centres, automation, sensing and industrial laser, as well as ADAS with an aim to become a leading high-tech company.

    About InLC Technology Inc.
    InLC was founded in 2009 by an experienced team with expertise in liquid crystal fabrication, optical networking, and display technology. InLC develops and sells products for optical networking and telecommunications, leveraging the global investment in high-volume low-cost LCD technology and associated drive electronics. InLC owns the LC and LCoS fabrication facilities and controls all aspects of the design and manufacturing of high-performance LC and LCoS engines customized for telecom and optical networking. InLC's product offerings include flexible grid dynamic gain equalizers (DGE) and flexible grid wavelength selective switches (WSS).

    Media enquiries:
    Strategic Financial Relations Limited
    Maggie Au +852 2864 4815 maggie.au@sprg.com.hk
    Ka Wai Li +852 2864 4855 kawai.li@sprg.com.hk
    Fax: +852 2527 1196 / 2804 2789


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, Oct 15, 2018 - (JCN Newswire) - NEC Corporation (TSE: 6701) and Hortonworks, Inc. today announced plans for the co-development of a high performance Big Data analytics platform for AI integrating the "SX-Aurora TSUBASA" vector engine, a new hardware platform by NEC to accelerate computing using vectorization. This new platform, combined with NEC's Big Data platform "Data Platform for Hadoop," significantly improves processing performance and scalability to deliver better business results for Artificial Intelligence (AI), Machine Learning and Advanced Analytics.

    Prior to this co-development, NEC and Hortonworks announced an expansion of their strategic partnership in September, 2017 to deliver a Big Data processing platform(1). Utilizing their strengths, the two companies aim to offer new products suited for advanced and high performance Big Data analysis in a wider range of industries and fields. Moreover, the companies aim to provide the results of this co-development as open source software (OSS) that can be implemented in diverse environments and various industry use cases.

    Co-development plans for the analytics platform include the following:

    Integration of the SX-Aurora TSUBASA platform with "YARN"(2), the architectural center of Hadoop/Spark, a data processing engine which allows customers to run their existing Big Data analytics programs on the SX-Aurora TSUBASA. This enables easy integration of applications and reduces the workload for system administrators. In a standard system architecture using YARN, the server resources required to execute a typical analysis will be reduced by 99% when compared to existing systems(3).

    The integration of NEC's "Frovedis"(4) middleware with Spark on the SX-Aurora TSUBASA platform. By utilizing Frovedis, AI (machine learning) applications run up to 100 times faster on the SX-Aurora TSUBASA than on conventional servers (*3). This results in a high performance and easy-to-use platform for customers to execute AI and Big Data analysis using the Spark machine learning library (MLlib)(5).

    Enhance the capabilities of NEC's distributed processing platform, "Data Platform for Hadoop," by integrating SX-Aurora TSUBASA, which allows customers to run Big Data & Analytics workloads much faster and to provide better, more accurate results.

    "NEC is pleased to agree and collaborate with Hortonworks, a leading Hadoop distribution provider, to develop YARN and Spark support for the NEC vector engine, 'SX-Aurora TSUBASA.' The prime objective of the collaboration will be to provide a high-speed, parallel process computing environment best suited for customers with large amounts of data that can be utilized for developing and building essential Machine Learning-based use cases. Adding support to the vector engine for Apache, Hadoop, YARN and Spark helps the customer to quickly achieve effective results from Big Data and AI use cases," said Tomoyasu Nishimura, senior vice president, NEC Corporation.

    "An enormous amount of data is required to achieve high accuracy in Machine Learning. The combination of SX-Aurora TSUBASA's high processing performance and Hortonworks HDP's scalability will be an innovative choice in the global market," said Yuji Hirokawa, regional vice president of Hortonworks, Inc. and managing director of Hortonworks Japan Co., Ltd.

    (1) Tokyo, Japan, September 25, 2017 - NEC Corporation and Hortonworks, Inc. announced the expansion of their strategic partnership in the field of distributed Big Data processing platforms (https://www.nec.com)
    (2) Resource Manager and Job scheduler for Apache Hadoop / Spark applications, which allocate and mange distributed computing resources, including CPU and memory
    (3) Xeon (Gold 6126) 1 socket vs 1 VE, with sparse data (w/o I/O) LR uses CTR data provided by Criteo (1/4 of the original, 6GB) K-means and SVD used Wikipedia doc-term matrix (10GB)
    (4) NEC accelerates machine learning for vector computers (https://www.nec.com)
    (5) Machine Learning Library for Apache Spark which is utilized with Java, Scala, Python and R languages

    About Hortonworks

    Hortonworks is an industry-leading innovator that creates, distributes and supports enterprise-ready open data platforms and modern data applications that deliver actionable intelligence from all data: data-in-15motion and data-at-rest. Hortonworks is focused on driving innovation in open source communities such as Apache Hadoop, Apache NiFi and Apache Spark. Along with its 2,100+ partners, Hortonworks provides the expertise, training and services that allow customers to unlock transformational value for their organizations across any line of business.

    Hortonworks and HDP are registered trademarks or trademarks of Hortonworks, Inc. and its subsidiaries in the United States and other jurisdictions. For more information, please visit http://www.hortonworks.com/. All other trademarks are the property of their respective owners.

    About NEC Corporation

    NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides "Solutions for Society" that promote the safety, security efficiency and fairness of society. Under the company's corporate message of "Orchestrating a brighter world," NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, visit NEC at https://www.nec.com.

    Contact:
    NEC Seiichiro Toda s-toda@cj.jp.nec.com +81-3-3798-6511

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Toyota City, Japan, Oct 15, 2018 - (JCN Newswire) - TOYOTA GAZOO Racing delighted an enthusiastic home crowd by earning a one-two victory in the 6 Hours of Fuji, the fourth round of the 2018-19 FIA World Endurance Championship (WEC).

    A compelling race saw the #7 TS050 HYBRID of Mike Conway, Kamui Kobayashi and Jose Maria Lopez cross the line in front, just 11.440secs ahead of team-mates Sebastien Buemi, Kazuki Nakajima and Fernando Alonso in the #8 car, for their first win of the season despite starting eighth.

    That marked TOYOTA's sixth win from seven WEC races at its home circuit, while for Mike and Kamui it is their first victory since a memorable triumph at Fuji in 2016. It was a particularly special race for Jose, who set the fastest lap and earned his first-ever WEC win, having joined the team last season.

    The result extends TOYOTA GAZOO Racing's lead in the teams' World Championship to 14 points over Rebellion Racing. Sebastien, Kazuki and Fernando stretched their advantage in the drivers' standings, with Mike, Kamui and Jose moving up to second, 13 points behind.

    An action-packed start on a wet track saw Kazuki in the pole position #8 hold the advantage while Kamui put on an overtaking show in the #7, exploiting the advantage of four-wheel drive in the difficult conditions to move from eighth on the grid to second by lap two.

    The excitement continued throughout a fascinating first hour. Kamui pitted early to switch to heavy wet tyres before a safety car period eliminated Kazuki's lead of over one minute. Soon after, the #8 switched to hybrid intermediate tyres, leaving the #11 SMP in the lead.

    Changing weather added to the drama, with bright sunshine drying the track towards the end of the safety car period. That left Kamui on inappropriate tyres for the conditions so he was the first to pit for slick tyres after the 30-minute interruption and he took advantage by immediately setting very quick lap times.

    Kazuki and the other LMP1 cars did likewise soon after and when the running order stabilised early in the second hour, Kamui led in the #7 with Kazuki close behind and both TS050 HYBRIDs steadily building a gap to the third-placed #1 Rebellion.

    When Kazuki handed over to Sebastien after two intense hours, the #8 was around 10 seconds behind its sister car, but with newer tyres Sebastien began to close the gap on a fully dry track. The #8 took over the lead when Kamui brought his epic two-and-a-half-hour stint to an end, with Mike taking the wheel.

    The momentum swung between the two cars, depending on who had the newer tyres. After a full course yellow with two hours remaining, Jose in the #7 led by around 20 seconds from Fernando in the #8 and the pair pushed each other hard.

    Jose set what turned out to be the fastest lap of the race on lap 153 and he kept a stable gap at the front until handing the lead to Kamui with just over 30 minutes remaining. Kamui had the honour of taking the chequered flag in the #7, with Kazuki bring the #8 home second for a perfect team result.

    The team is determined to repeat that result when WEC heads to China for the final race in 2018 and the fifth of eight races this season, the 6 Hours of Shanghai on Sunday 18 November.

    Hisatake Murata, Team President
    "I'm really happy with this perfect result and I am also pleased we could put on such a great spectacle for the fans here at Fuji Speedway. All week they have given us fantastic support so I hope they enjoyed watching this exciting race. As our home race, Fuji is a very important event for us and the target was always to earn another one-two victory in front of our fans and colleagues. We could achieve that because the team worked hard and performed well, even when faced with difficult weather conditions early in the race, so I am proud of their effort."

    TS050 HYBRID #7

    Race: 1st, 230 laps, 8 pit stops. Grid: 8th. Fastest lap: 1min 25.603secs

    Mike Conway (TS050 HYBRID #7)
    "I am really pleased with this result; to get a one-two in TOYOTA's home race is a nice feeling. It was not an easy race, especially starting from eighth but our car performed really well and my team-mates did a fantastic job as usual; they were solid and consistent which was exactly what we needed. It's great to get another win after coming so close for the last two years and to get it now at the home race is obviously great."

    Kamui Kobayashi (TS050 HYBRID #7)
    "It's amazing to win my home race for the second time. The team has done a great job all weekend and they really deserve this. We were disappointed after qualifying but we came back in the best way possible with a victory. We have waited a long time on car #7 for this; finally we are in the centre of the podium again. I think this can be a turning point for us for the rest of the season but now we need to celebrate this moment."

    Jose Maria Lopez (TS050 HYBRID #7)
    "After the disappointment from qualifying it feels so good to achieve the first win with TOYOTA. It's also a fantastic feeling to win for the first time in WEC. The most important thing is to thank everyone in Higashi-Fuji and Cologne who make it all possible as well as Mike and Kamui; it is a privilege to share a car with these guys. Together we have bounced back in a very important race for us and I cannot describe how happy I am."

    TS050 HYBRID #8

    Race: 2nd, 230 laps, 8 pit stops. Grid: 1st. Fastest lap: 1min 26.043secs

    Sebastien Buemi (TS050 HYBRID #8)
    "Congratulations to the #7 guys, they did a great job and deserve this victory. On our car we were strong but the #7 was just a tiny bit quicker than us most of the race. Congratulations as well to the team for a perfect result in our home event; I'm happy we could achieve a one-two and I hope everyone enjoyed the race."

    Kazuki Nakajima (TS050 HYBRID #8)
    "It was a great result for the team to get a one-two here at Fuji Speedway; it is a special moment. For our car it was a difficult race today because the #7 had better pace in the dry conditions and we were a bit unlucky with the safety car. But no complaints; that's racing. Today we finished second but we did a great job as a team for both World Championships."

    Fernando Alonso (TS050 HYBRID #8)
    "It was a good race. We were a bit unlucky with the safety car--we were one minute 20 seconds in front and all that advantage was neutralised, but these things happen in motorsport. We were not quite quick enough to battle the #7 today; congratulations to them. They deserved it because they have been very fast all weekend. It has been a positive day for the championship; we have extended the lead in both so overall it's a very good weekend."

    Akio Toyoda, President, Toyota Motor Corporation
    "We have achieved an excellent result of finishing the FIA World Endurance Championship 6 Hours of Fuji with a one-two finish. I would like to express our appreciation to all the fans supported us. The 6 Hours of Fuji this year meant a lot to us; a triumphant home return following the Le Mans 24 Hours, a chance to race again after the disappointment of the previous race and the home race of TOYOTA GAZOO Racing. Many fans, partners and suppliers who support our activities came to Fuji. In order to convey gratitude to them, I really wanted to be there but unfortunately I could not make it. I believe the best way to show them our gratitude as TOYOTA GAZOO Racing is to have a great race and I especially really wanted them to see a one-two finish like at Le Mans on our home circuit. What I could do for this purpose was to send a message to the drivers before the race: "Please drive out and enjoy the battle to the finish line!" And prior to the race, they replied to me: "We are going to race hard!" They really drove six hours like that. I think such a race could show TOYOTA GAZOO Racing's passion to those who supported us and I would like to thank all the drivers for this. Although I could not be on site, I felt the feelings of everyone in the team from the TV screen and I was able to fight with them as one team. Thank you very much to the all team members for this one-two finish, and congratulations on the long-awaited win for all on car #7! And for the fans who always support us, thank you very much. We appreciate your continued support."

    6 Hours of Fuji Results:

    1st: #7 TOYOTA GAZOO Racing - 230 laps
    2nd: #8 TOYOTA GAZOO Racing - +11.440secs
    3rd: #1 Rebellion (Jani / Lotterer / Senna) - +4 laps
    4th: #11 SMP (Aleshin / Petrov / Button) - +11 laps
    5th: #4 ByKolles (Webb / Dillmann / Rossiter) - +11 laps
    6th: #37 Jackie Chan (Jaafar / Tan / Jeffri) - +13 laps

    About Toyota Motor Corporation

    Toyota Motor Corporation (TMC) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 29 countries, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries under the brands Toyota, Lexus, Daihatsu and Hino. For more information, please visit www.toyota-global.com.

    Contact:
    Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    JAKARTA, Oct 15, 2018 - (ACN Newswire) - InternetRetailing Expo (IRX) Indonesia, the largest digital event in Indonesia, is rebranded as Future Commerce Indonesia, and will be held on January 29-30, 2019 at the Shangri-La Hotel in Jakarta. With the theme 'Shaping the Future of Commerce', Future Commerce Indonesia 2019 brings together leading cross-industry, cross-technology brands and retailers with innovative tech enablers and start-ups to disrupt and shape the future of commerce in the current digital economy.

    Organized by Clarion Events, one of the oldest independent event organizers in the UK, Future Commerce Indonesia 2019 will present 100+ technology breakthrough from local and global brands and startups such as Accenture, Gilkor, Brava, SiCepat, and many more to share knowledge through the inspirational topics, led renowned speakers and innovative exhibition, showcasing the latest digital technologies to reflect the new economy in Indonesia.

    A variety of topics will be covered during the conference, including Digital, Mobile, Payment technologies, eLogistic, Cyber Security, Analytics, Big Data, Cloud, Advertising, and Marketing in sectors such as Media, Finance, Retail, and eCommerce, Travel & Hospitality, Education, Fashion & Beauty, Food & Beverage and many more.

    Event Director of Clarion Events, Julia Kwan says, "We are proud to inspire people in Indonesia through Future Commerce Indonesia 2019. This event is a place to exchange ideas, thoughts, and innovations with the presence of leading brands from local and global enterprises. We believe that through a series of conferences and exhibitions, the event can be a reference for digital entrepreneurs to step up the game to the next level."

    "Indonesia has become one of the largest markets in digital innovation and we are delighted to present FCI 2019 as part of our support for Indonesia's digital economy to grow bigger and also be recognized internationally," added Ms Kwan.

    Future Commerce Indonesia 2019 has gained full support from KADIN Indonesia (Indonesian Chamber of Commerce and Industry), Indonesia R&D International, Indonesian Logistic Association (ALI), Association of Cloud Computing Indonesia (ACCI) , Association of Big Data and AI Indonesia (ABDI), Indonesian Retail Merchants Association (APRINDO) and many more.

    Future Commerce Indonesia 2019 will also launch the Future Commerce Awards, the newest platform for recognizing excellence in the industry from players with the best digital, retail, and technology campaigns. Please visit www.futurecommerceindo.com.

    ABOUT CLARION EVENTS
    Clarion is one of the world's leading event organizer, producing, and delivering innovative and marketleading events since 1947. In more recent times the firm has grown into a truly international business with a portfolio of events and media brands across a range of vertical markets such as Retail & Home, Enthusiasts, Energy & Resources, Defense & Security, Gaming, Technology, and Life Sciences. Please visit www.clarionevents.com for further details.

    ABOUT FUTURE COMMERCE INDONESIA
    Originally known as InternetRetailing Expo Indonesia, it is the largest digital event in Indonesia which connects leading brands and retailers from cross-industry, cross-technology during past 3 years. Attended by more than 5,000 attendees, 300 speakers worldwide, 200+ exhibitors and sponsors at 150 conference sessions, numerous networking activities and countless business meetings on the exhibition floor. Details at www.futurecommerceindo.com.

    Media Enquires :
    Rachel Soon, Clarion Events
    Rachel.Soon@clarionevents.com

    On behalf of Clarion Events:
    KVB | Kennedy, Voice & Berliner
    Sara Mandagie, +62 812 9906 7702 /
    sara.mandagie@kennedyvoice-berliner.com

    Angghina Khansa Junior Consultant
    Contact: +62 812 9091 0793
    Angghina.khansa@kennedyvoice-berliner.com


     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Addition of experts from these fields further emphasizes Lexus' dedication to using technology as an inspiration to further innovation.

    TOKYO, Oct 15, 2018 - (JCN Newswire) - Lexus International is pleased to welcome technologist John Maeda, to the panel of judges for the Lexus Design Award 2019. Maeda leads a new convergence across the fields of design and technology as Global Head of Computational Design and Inclusion at Automattic, a publishing platform development company. Maeda will join three judges who have served on the panel in the past, eminent architect Sir David Adjaye, Senior Curator of Architecture & Design at The Museum of Modern Art, Paola Antonelli, and President of Lexus International, Yoshihiro Sawa.

    Also, recently-announced mentor Sebastian Wrong has been joined by three new mentors: pioneer of generative design and co-founder of Nervous System design studio, Jessica Rosenkrantz, Italian architect and designer Fabio Novembre, and partner of world-leading architectural firm OMA, Shohei Shigematsu.

    Established in 2013, the Lexus Design Award in cooperation with designboom is an international design competition that seeks to nurture up-and-coming designers who use design thinking to solve everyday problems and build a better future for individuals and for society. This year, six finalists will be selected from around the world to receive mentorship and a production budget of up to 3 million JPY (over $25K USD) to build a functional prototype to display at Lexus's exhibition at Milan Design Week(1) 2019. Finalists will be judged on how well their prototype anticipates the needs of people and tomorrow's society. The designs also must showcase innovation and originality while at the same time captivate and engage the public.

    By participating in a series of workshops and 1-on-1 instruction with the four mentors, the finalists will be able to experience what it takes to emerge as an accomplished designer on the world stage. Whether receiving tips on design or on the business of transforming inspiration into reality, the mentors' global experience and success shared at the workshops will provide valuable insights to these creative representatives of the next generation of designers.

    Deadline for entries to the Lexus Design Award 2019 competition is October 28, 2018. Finalists will be selected in December by the elite panel of judges and the six up-and-coming designers will be announced in January 2019.

    (1) The world's largest design exhibition, also known as Salone Del Mobile, presents events and exhibits by brands and designers in many categories including furniture, fashion and textiles.

    JUDGES PROFILES

    Sir David Adjaye, Judge
    SIR DAVID ADJAYE, ARCHITECT / PRINCIPAL AND FOUNDER OF ADJAYE ASSOCIATES, LONDON AND NEW YORK

    Sir David Adjaye OBE is the principal and founder of Adjaye Associates. Born in Tanzania to Ghanaian parents, his broadly ranging influences, ingenious use of materials and sculptural ability have established him as an architect with an artist's sensibility and vision. His largest project to date, the Smithsonian Institute National Museum of African American History and Culture, opened on the National Mall in Washington DC in fall of 2016 and was named Cultural Event of the Year by the New York Times. In 2017, he was knighted by Queen Elizabeth II and was recognized as one of the 100 most influential people of the year by TIME magazine.

    Paola Antonelli, Judge
    PAOLA ANTONELLI, SENIOR CURATOR FOR THE DEPARTMENT OF ARCHITECTURE AND DESIGN AT MoMA, NY

    Paola Antonelli is Senior Curator of Architecture & Design at The Museum of Modern Art, as well as MoMA's founding Director of Research & Development. Her goal is to promote design's understanding, until its positive influence on the world is universally acknowledged. Her work investigates design's impact on everyday experience, often including overlooked objects and practices, and combining design, architecture, art, science and technology. She has curated numerous shows, written several books, and lectured worldwide. She has taught at the University of California, Los Angeles; the Harvard Graduate School of Design; and the MFA programs of the School of Visual Arts in New York. She is currently working on the XXII Triennale di Milano, Broken Nature, devoted to examples of design and architecture that aim at repairing humans' relationship with nature; on the reinstallation of the contemporary design galleries in the new, expanded MoMA; and on a video and VR series entitled __&Design.

    John Maeda, Judge
    JOHN MAEDA, TECHNOLOGIST / GLOBAL HEAD OF COMPUTATIONAL DESIGN + INCLUSION, AUTOMATTIC

    John Maeda is an American executive spearheading a new convergence across the design + technology industries. He joined Automattic in 2016 as Global Head of Computational Design +Inclusion and previously served as Design Partner at Kleiner Perkins Caufield & Byers (KPCB), a world-leading venture capital firm. An internationally recognized speaker and author, his books include The Laws of Simplicity, Creative Code and Redesigning Leadership. He holds degrees in Electrical Engineering + Computer Science from MIT, an MBA from Arizona State U, and a PhD from University of Tsukuba in Japan. He was also a member of the Technical Advisory Board for Google's Advanced Technology + Projects Group and the World Economic Forum's Global Agenda Council on New Growth Models. He previously served as advisor to John Donahoe, CEO of eBay Inc. Prior to his work in industry, Maeda was a tenured research professor at the MIT Media Laboratory and 16th President of the Rhode Island School of Design.

    Yoshihiro Sawa, Judge
    YOSHIHIRO SAWA, PRESIDENT OF LEXUS INTERNATIONAL

    Yoshihiro Sawa has been innovating automobile design and engineering for over thirty years. A visionary anchored in the practical, he is acknowledged as a global leader in his field. Sawa has been involved in building better, more beautiful vehicles for decades, applying his unique perspective to the harmony of form and function. This has seen him lead various aspects of the business from engineering to design to product development, giving him a particularly holistic view of the art of building automobiles. Sawa applies this to his role at Lexus, guiding the brand in delivering on its promise of amazing experiences through inspired design, relentless innovation, and uninhibited performance.

    MENTORS PROFILES

    Fabio Novembre, Mentor
    FABIO NOVEMBRE, ARCHITECT / DESIGNER

    Born in the south of Italy, Fabio Novembre moved to Milan in 1984, where in 1992 he received a degree in architecture. In 1993 moved to New York City where he attended a movie-direction course at the New York City University. Since 1994, year of his studio opening, he has collaborated with important design realities as Driade, Venini and Kartell; he also designed interiors, showrooms and boutiques for fashion brands such as Blumarine and Stuart Weitzman, and designed architectures for societies as AC Milan.

    Jessica Rosenkrantz, Mentor
    JESSICA ROSENKRANTZ, CO-FOUNDER AND CREATIVE DIRECTOR, NERVOUS SYSTEM

    Jessica Rosenkrantz is an artist, designer, and programmer. In 2007 she co-founded Nervous System, where she currently works as Creative Director. Her work explores how simulations of natural processes can be used in design and coupled with digital fabrication to create one-of-a-kind, customized products. She studied biology and architecture at MIT and the Harvard Graduate School of Design. Since 2016, she has been teaching design at MIT. Her designs have been featured in a wide range of publications, including WIRED, the New York Times, and the Guardian and are part of the permanent collections of the Museum of Modern Art, the Cooper--Hewitt, Smithsonian Design Museum, and Museum of Fine Arts Boston.

    Shohei Shigematsu, Mentor
    SHOHEI SHIGEMATSU, PARTNER AND DIRECTOR OF OMA NEW YORK

    Shohei Shigematsu is a Partner at OMA and the Director of the New York office. Sho has completed a number of cultural projects including Milstein Hall for Cornell University, extension for the Quebec National Art Museum, Faena Forum in Miami Beach and the Costume Institute exhibition at the Met. He is currently engaged in a diverse range of projects across typologies: from cultural projects such as the extension to the Albright Knox Art Gallery, a museum expansion for the New Museum in New York City and the Dior retrospective at Denver Art Museum; to two office towers in Japan and three residential towers across North America--in New York, San Francisco and Miami.

    Sebastian Wrong, Mentor
    SEBASTIAN WRONG, DESIGN DIRECTOR, ESTABLISHED & SONS

    Design Director of Established & Sons and an award-winning product designer, London-born Sebastian Wrong has more than 18 years of experience in manufacturing. Sebastian originally studied sculpture at Norwich School of Art, before founding his first production company in 2001. Spanning both the creative and production side of the design business, he has accumulated an impressive array of technical skills. Sebastian has taught on the postgraduate diploma platforms at the Royal College of Art, London, and ECAL, Switzerland. As a designer, he has created commercially and critically successful products for some of the world's leading brands, and his portfolio of work spans furniture, lighting, accessories and gallery projects. As a manufacturer, he has collaborated with many of the preeminent names in contemporary design.

    ABOUT LEXUS DESIGN AWARD

    First launched in 2013, in cooperation with designboom, the Lexus Design Award is an international design competition that targets up-and-coming creators from around the world. The award seeks to foster the growth of ideas that contribute to society by supporting designers and creators whose works can help to shape a better future. It provides a unique opportunity for six finalists to work with globally recognized designer as a mentor to create prototypes of their designs, and then exhibit them at one of the design calendar's most important events.

    About LEXUS

    Since its debut in 1989, Lexus has earned a worldwide reputation for high-quality products and exemplary customer service. Lexus is the hybrid leader among luxury brands, offering hybrids that provide the best in innovative technology and premier luxury. The evolution of Lexus is reflected in the progressive designs of its new vehicles. The grille, dynamic light treatments, and sculptured lines create a distinctive look of luxury for Lexus. For more information, please visit www.lexus-int.com and www.lexus-int.com/news/.

    Contact:
    Public Affairs Division Global Communications Department Toyota Motor Corporation Tel: +81-3-3817-9926

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Speakers from technology giants share their insights on the theme "AI Empowerment - Grow without Limits" at the 13 Oct afternoon session of this year's the Symposium on Innovation & Technology. The symposium, which continues tomorrow (16 Oct), is one of the highlight events of the 38th HKTDC Hong Kong Electronics Fair (Autumn Edition).
    Winnie Chu, Cloud and Enterprise Business Group Lead of Microsoft Hong Kong, says Microsoft uses AI for a wide range of purposes, from helping people with visual impairments and hearing disabilities to preventing the extinction of rare species and growing better crops.
    "The possible applications of AI are almost limitless," says MeiKei Ieong, Chief Technology Officer of the Hong Kong Applied Science and Technology Research Institute.
    David Chow, Partner and General Manager of IBM Hong Kong's Global Business Services, emphasises the importance of data for the success of AI.
    Garrick Ng, Chief Technology Officer of Cisco Hong Kong, Macau and Taiwan, explains the rise of machine learning .
    Insights Shared at Symposium on Innovation and Technology

    HONG KONG, Oct 15, 2018 - (ACN Newswire) - The tremendous growth in data, particularly privately held data by large businesses, is the reason for, and key to, the expansion and success in the use of artificial intelligence (AI) in business, according to speakers at the 13 Oct afternoon session of the Symposium on Innovation and Technology, under the theme "AI Empowerment - Grow without Limits", held during the 38th HKTDC Hong Kong Electronics Fair (Autumn Edition).

    Transforming Business through AI

    Microsoft uses AI for a wide range of purposes, from helping people with visual impairments and hearing disabilities to preventing the extinction of rare species and growing better crops, according to Winnie Chu, Cloud and Enterprise Business Group Lead of Microsoft Hong Kong. Microsoft believes AI will help humans do more to be more successful and improve capability. "We are surrounded by data, but we need to leverage this data," she said.

    "Microsoft is leveraging technology and putting it into applications to make work more efficient," she said. For example, Microsoft has incorporated an AI-powered presentation translator in PowerPoint that allows users to save hours and can translate slides into 60 languages. Microsoft also combines machine learning (ML) and natural language processing (NLP) to provide examples to improve writing, while Microsoft Word understands the user's language and suggests more appropriate words and expressions.

    Some other examples of Microsoft's AI breakthroughs include object recognition (96% human parity), speech recognition (96% human parity), machine translation (69.9% human parity), and machine reading comprehension (88.5% human parity).

    Ms Chu gave examples of industries leveraging Microsoft AI. Container-shipping giant OOCL uses it to predict schedules and cost needs, saving US$10 million per year in operational costs. In the healthcare field, Inner Eye in the United Kingdom uses three-dimensional (3D) imaging to find the exact location of tumours, allowing precise radiotherapy. In the property market, Ricacorp in Hong Kong uses AI for the benefit of both buyers and sellers, helping buyers identify the best flat for their specific needs, and helping sellers decide the best price and time to achieve their most desired outcome.

    "So how can your organisation leverage AI to get more customers and work faster?" asked Ms Chu. To help companies develop the technical know-how, Microsoft has a free Certification programme, covering Data Science, AI and Big Data. "Microsoft's goal is to enable all companies to do their own AI projects," said Ms Chu. Microsoft is doing roadshows to all the universities in Hong Kong to introduce the programme. "University professors love this well-structured programme," she said. The programme is also tailored for people with disabilities.

    Ms Chu explained the reasons for the success of Microsoft's social chatbot Xiaolce, which has become one of the most famous celebrities in China. Whereas other chatbots digest information and respond, Xiaolce interacts as in a normal phone conversation between friends on the phone. "Xiaolce has empathy," she said. It can predict what the person will say next and respond more quickly than the usual chatbots, making the conversation more natural. "This is important in the business world because social chatbots can enhance the online experience and bring in more revenue," she said.

    "Microsoft is committed to providing a responsible AI platform to help our clients do more business," she concluded.

    Human-AI Collaboration

    "The possible applications of AI are almost limitless," said MeiKei Ieong, Chief Technology Officer of the Hong Kong Applied Science and Technology Research Institute (ASTRI), adding that Hong Kong was at the forefront in many areas. For example, the Hong Kong University of Science and Technology (HKUST) and University of Hong Kong (HKU) are frequent winners of the ImageNet Challenge, in which software programs compete to correctly classify and detect objects and scenes. A breakthrough in 2012 in solving the challenges presented in the contest was considered to be the beginning of the deep-learning (DL) revolution, he said.

    AI competitiveness depends on talent, which in most cases comes from universities, and computational power for machine learning and inferences, said Mr Ieong. The top three barriers for leaders in adopting AI are the need to attract, acquire and develop the right AI talent, competition from other investment priorities for resources, and security concerns about AI adoption. The top three barriers for passive users are limited or lack of general technology capability, lack of leadership and lack of opportunities, he said.

    Mr Ieong described a few examples of projects with ASTRI acting as an AI partner for Hong Kong business: (1) NLP technology that understands colloquial Cantonese mixed with English, which can be used from conducting big data applications on social media analytics to helping teachers correct common mistakes in primary students' writing; (2) an AI robot-financial adviser; (3) a surface inspection system that can detect faulty glass lenses and other surfaces, replacing labour and completing the job much faster; (4) AI Chinese optical character recognition (OCR), eliminating the need to manually enter vast amounts of data for banks and financial services companies; (5) an intelligent industry robot used for random bin-picking; and (6) optical sensing technology, used to detect driver fatigue and distraction for use in self-driving cars.

    Regarding the impact of AI, Mr Ieong referred to two job reports: one by Oxford, which concluded that up to 47% of current jobs were at risk from automation, and one by the OECD, which concluded the number was only 9%. He listed possible reasons for the huge discrepancy: (1) adopting new technology is normally a slow process (though in China it is much faster); (2) workers can adjust to changing technology by retraining and retooling to do other tasks; and (3) technology change generates more jobs, though this has resulted in a shortage of AI and data specialists.

    Mr Ieong identified a number of things that can be done to develop the talent needed to support AI in Hong Kong: (1) training young people, (2) attracting skilled immigrants, and (3) retraining people whose jobs are replaced by AI. He pointed out that cities such as Paris and San Francisco provide free coding universities and even free housing for students, and work with companies to supply tech workers.

    Mr Ieong concluded his presentation saying, "AI will take over a lot of tasks, but will free humans to adopt more value-added, personalised and analytical roles," adding that a massive amount of tech talent is needed to implement AI in industry.

    Journey to AI and Rise of Platform-centric Business Architecture

    Who are the leading industry disruptors? IBM sought the answer to this question by surveying 12,000 CEOs, including 1,200 in China, and found that 74% said the main disruptors were their peers that had moved to platform-centric business models; start-ups were not the problem. And 70% said they were using data more in their business.

    David Chow, Partner and General Manager of IBM Hong Kong's Global Business Services, provided these numbers in a talk on platform-centric business architecture. Mr Chow emphasised the importance of data for the success of AI. He pointed out that despite the fantastic amount of data on the Internet, 80% of all data is held by large corporations and is not available on the Internet, but that only 2% of this 80% is harvested using AI. Mr Chow asked, "How can companies use AI to take advantage of their own data, outside data and procured data?" He explained that AI capabilities included natural language processing, reasoning, processing text, audio and visual data, and providing data insights and computer architecture.

    AI can provide business growth, an enhanced customer experience, decision support, talent engagement, and process and system transformation, he explained.

    Regarding employment, for example, IBM has about 300,000 employees globally and uses AI to compare candidates over time both to help recruiters identify candidates most likely to succeed in a position and to examine each employee's digital footprint to help them become more effective.

    Mr Chow described IBM's cognitive customer care platform. Since chatbots may not interest some users anymore, IBM was looking for ways to help consumers more effectively. It launched two new bots in collaboration with Hang Seng Bank, called Dori and Haro. HARO can understand and process Cantonese and a mixture of Cantonese and English, and is used to handle general customer enquiries, engaging in interactive dialogue to help them manage their personal finances. DORI can search for credit card merchant discounts and online store offers.

    IBM conducted a case study with leading insurers in Hong Kong to develop a 24-hour assistant that can help agents with the questions their customers are asking them. The assistant has a tone analyser that understands the person's tone, style and emotional state, so that IBM can develop a personality profile and give a tailored customer experience. "Now we can use data to provide better products and services," Mr Chow said.

    IBM's cognitive-capture solutions help organisations identify and classify documents, analyse content and context, and extract and flag documents for review, including forms, trade transactions and even letters, Mr Chow explained.

    In the healthcare field, about 700,000 scientific articles are published each year, Mr Chow pointed out. IBM helps medical specialists identify the latest information in their field of interest to help improve institutional knowledge and best practices.

    "AI is helping make life better at work and at home," Mr Chow concluded.

    AI in Networking and Security

    "By 2020, insights-driven businesses will steal US$1.2 trillion per annum from their less-informed peers," predicted Garrick Ng, Chief Technology Officer of Cisco Hong Kong, Macau and Taiwan. Mr Ng explained why ML is emerging now: (1) lower storage costs, (2) much higher central processing unit (CPU) speed, which allows more to be done, and (3) algorithm maturity and efficiency.

    Mr Ng also explained the difference between AI, ML and DL. DL is a subset of ML, which in turn is a subset of AI. While AI is a technique that allows computers to mimic human behaviour, ML gives computers the ability to learn from data. This is the present focus, since it is the recent explosive increase in data that allows machines to learn. But the neural network in DL is a powerful and diverse tool used at Cisco.

    Cisco is involved in cognitive collaboration, applying it in the form of bots and virtual assistants, computer vision (CV), and audio and visual technology.

    In CV, computing ability allows the computer to be trained to do tasks better and faster than humans can. "But we will not see Terminator-type capability in robots," he said. "CV can be used to do only very specific tasks that can't be transferred to other functions."

    He showed an example of how CV can be used in a video conference to count people, adjust the temperature, identify and zoom in on the active speaker, and connect names to faces to make work more productive. In another example, Cisco's Webex assistant uses speech recognition to allow voice control and natural language understanding, which permits dialogue management and question-and-answer sessions, as well as room booking and temperature adjustment through voice commands. "These changes won't transform life," he said, "but they will make small improvements."

    Another AI function is noise detection in meetings. AI can detect and classify non-human noises, and transform the noise data or mute it.

    Cyber-security is being improved through AI, said Mr Ng. Cisco blocks 20 billion threats per day. By looking at initial data packets and the sequence of packet lengths and times, Sisco can map the entire internet in a three-dimensional flow, "identifying the good guys and the bad guys."

    Cisco provides predictive analysis for network outages, explained Mr Ng. On one network with 57,000 devices and 60 platforms, Cisco can predict an outage 15 hours before it happens and provide a preventive fix within one hour. "ML can give these precise predictions thanks to massive data," he explained. "In the ML universe, data is king, even more important than algorithms. Whoever has the best data will have the best system."

    "The main benefits of AI and ML," concluded Mr Ng, "will be intelligent infrastructure and improved business efficiency."

    Fair Website
    Hong Kong Electronics Fair (Autumn Edition): http://hkelectronicsfairae.hktdc.com
    electronicAsia: www.electronicasia.com
    Photo download: https://bit.ly/2Cilljd

    About HKTDC

    The Hong Kong Trade Development Council (HKTDC) is the dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. Please visit www.hktdc.com/aboutus or follow us on Google+, Twitter@hktdc, LinkedIn.

    Contact:
    Sunny Ng, Tel: +852 2584 4357, Email: sunny.sl.ng@hktdc.org Joshua Cheng, Tel: +852 2584 4395, Email: joshua.cp.cheng@hktdc.org

    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, Oct 15, 2018 - (JCN Newswire) - For 40 years, Mitsubishi Motors has been building tough pickups. More than 4.7 million TRITONs/L200s have been made and are trusted by owners all over the world to help drive their ambition, with smart capabilities combined with car-like comfort. It's almost time to reveal the next chapter in the TRITON story. Designed to be "Engineered Beyond Tough", the new model has enhanced performance, functionality, durability, safety and refinement. It has been proven by tough, real-world durability testing and developed using feedback from owners across the world. Discover the tough new TRITON on November 9.

    About Mitsubishi Motors

    Mitsubishi Motors Corporation is a global automobile company based in Tokyo, Japan, which has a competitive edge in SUVs and pickup trucks, electric and plug-in hybrid electric vehicles. Since the Mitsubishi group produced its first car more than a century ago, we have demonstrated an ambitious and often disruptive approach, developing new vehicle genres and pioneering cutting-edge technologies. Deeply rooted in Mitsubishi Motors' DNA, our brand strategy will appeal to ambitious drivers, willing to challenge conventional wisdom and ready to embrace change. Consistent with this mindset, Mitsubishi Motors introduced its new brand strategy in 2017, expressed in its "Drive your Ambition" tagline - a combination of personal drive and forward attitude, and a reflection of the constant dialogue between the brand and its customers. Today Mitsubishi Motors is committed to continuous investment in innovative new technologies, attractive design and product development, bringing exciting and authentic new vehicles to customers around the world.

    Contact:
    Mitsubishi Motors Public Relations Department http://www.mitsubishi-motors.com +81-3-6852-4275

    Copyright 2018 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    HKTDC Acting Executive Director Benjamin Chau (middle) joins Cathay Pacific Hong Kong International Wine & Spirit Competition Founding Director Debra Meiburg (5th from the left) and guests at today's press conference to announce details of the fair.
    Fair exhibitor Oriental Pearl (Hong Kong) Limited is featuring "R" de Rieussec 2017 from Chateau Rieussec in Sauternes, Bordeaux. The winery was acquired by Domaines Barons de Rothschild (Lafite) in 1984.
    - 1,000+ Exhibitors to Showcase Global Fine Wines
    - World of Olive Oil & Organic Wine and Spirits Corner to Debut

    HONG KONG, Oct 15, 2018 - (ACN Newswire) - Organised by the HKTDC, the Hong Kong International Wine & Spirits Fair will be held from 8-10 Nov (Thursday to Saturday) at the Hong Kong Convention and Exhibition Centre (HKCEC). The fair's 11th edition will feature 1,075 exhibitors from 32 countries and regions, with about 70 events lined up. The doors will open to the public on the last day of the fair (Saturday, 10 Nov), providing consumers with the chance to enhance their wine knowledge and experience the high spirits of Hong Kong's signature wine event.

    Speaking at today's press conference to introduce this year's fair, HKTDC Acting Executive Director Benjamin Chau said: "In the first eight months of this year, Hong Kong's wine imports - mainly from France, Australia and the United Kingdom - reached HK$8.35 billion, a year-on-year increase of 10.5%. Imports from the United Kingdom and France recorded growth of 30.2% and 17.9%, respectively. Hong Kong's wine exports amounted to HK$2.66 billion during the period, with the Chinese mainland and Macau as the largest export markets, followed by Singapore and Taiwan."

    Following the Hong Kong Special Administrative Region Government's decision to eliminate all duty-related customs and administrative controls on wine in 2008, wine imports have seen a seven-fold leap - from HK$1.6 billion in 2007 to HK$12 billion in 2017. During this period, Hong Kong developed rapidly as a wine trading and distribution centre, serving as a gateway for wines entering the mainland. Hong Kong has many advantages as a wine trading hub, with wine-related businesses - including auctions, retailing, catering, warehousing and logistics - developing alongside wine trading and distribution. Since 2009, Hong Kong has become one of the world's largest wine auction centres, with sales topping US$98 million in 2017.

    According to Euromonitor International, consumer demand for wine in Asia and the mainland remains strong. It forecasts that between 2017 and 2022, wine sales in Asia will grow at 6.7% per annum. As a duty-free port with good air connectivity and excellent storage facilities, Hong Kong is globally recognised as the most cost-effective wine distribution hub. Wine merchants worldwide favour Hong Kong as a launch pad to expand their business into Asia and the mainland.

    Global Wines on Show: World of Olive Oil & Organic Wine and Spirits Corner to Launch

    This year's Wine & Spirits Fair will feature 27 group pavilions from wine-producing regions, trade organisations and governmental organisations around the world. There will be new pavilions from the China Council for the Promotion of International Trade Sichuan Council, the mainland's Department of Commerce of Zhejiang Province, the Czech Grape and Wine Producer Association, Gifu Prefecture and the Niigata Sake Brewers' Association from Japan, and the Trade Commission of Peru in Hong Kong. The fair will also launch the World of Olive Oil at the Vinitaly pavilion to promote various kinds of premium olive oils, with visitors able to enrich their knowledge and sample a selection of olive oils. Also new is the Organic Wine and Spirits Corner that will feature a range of organically produced beverages for visitors to try.

    Other exhibits on display at this year's fair will include:

    -- 2013 Cabernet Sauvignon Napa Valley from the famous United States winery Castello di Amorosa, which resembles a medieval castle, will be featured. The wine was awarded 93 points by renowned wine critic James Suckling;
    -- Barahonda Organic Barrica 2015 is an organic product from the Barahonda winery in Yelca, Spain, which won praise from wine critic Robert Parker for being good value for money. The 2015 vintage is produced from a blend of Monastrell and Syrah grapes;
    -- Masahiro Okinawa Craft Gin (Recipe 1) is the first handcrafted gin produced by a distillery in Okinawa, Japan. The distillery has been producing awamori, an indigenous distilled spirit, for more than 130 years. The gin is a concoction of Okinawan local produce such as bitter melon and pepper, giving it a unique flavour;
    - Pisco Huamani from Peru employs a 125-year-old recipe and a traditional Peruvian distillation method that uses freshly fermented grape juice instead of aged wine. It received a silver medal at the San Francisco World Spirits Competition;
    -- Wheat Blanc from Sweden is an organic beer that uses champagne yeast during brewing, giving it a fruity tone and a unique taste.

    The fair will also feature a Liquor & Beverage Products zone, a Whisky and Spirits zone and a Beer zone, together with zones that promote the industry's all-round development, including Wine Education, Wine Accessories, Equipment and Services and Wine Investment. Food-pairing products will be showcased in the Friends of Wine zone.

    Asia Wine Academy Returns

    Following a successful debut in 2017, the Asia Wine Academy, co-organised by the HKTDC and the Hong Kong Polytechnic University School of Hotel and Tourism Management, returns this year. On the theme of "Seeking Greatness: Decoding Wine Quality", Masters of Wine Jeannie Cho Lee and Sarah Heller will share their insights into Italian and French wines, exploring how wine style, regions and production methods will affect wine quality, and teach methods for assessing wine. Participants who complete the courses will be awarded a certificate.

    The HKTDC will organise about 70 events during the fair, including more than 10 tasting sessions showcasing wines from around the world. It will also host numerous industry-exchange events, including a wine industry conference, thematic seminars, master classes, educational talks, a cocktail reception and a gala dinner, providing a comprehensive business and exchange platform for industry players.

    At the Wine Industry Conference to be held on the first day, Master of Wine Debra Meiburg MW will host a session entitled "Driving Growth: The Flourishing Asia Wine Market". Speakers include Sarah Heller MW, Wainwright Advisors' Director David Wainwright and Wines of South Africa Asia Market Manager Marcus Ford, who will share their insights on the prospects and trends for the wine industry in the Asian market.

    The 10th Cathay Pacific Hong Kong International Wine & Spirit Competition Award Ceremony will be held during the cocktail reception on the first evening of the fair, with more than 60 awards being handed out. The winning wines will be displayed at the Wine Gallery during the fair and a Gala Wine Dinner, with a "Forest of Delights" theme, will follow the cocktail reception. Guests will enjoy a menu crafted by Amerigo Tito Sesti, Head Chef at J'AIME by Jean-Michel Lorain, a one-Michelin-star French restaurant in Bangkok.

    Public Day: Tastings, Seminars, Master Classes and More

    The last day of the Wine & Spirits Fair (10 Nov) will be open to members of the public aged 18 or above. Regular tickets will be priced at HK$200* and each ticketholder will receive a Lucaris crystal wine glass on a first-come, first-served basis while stocks last.

    The Hong Kong Wine Competition will be one of the main attractions on Public Day. Visitors can join seminars, wine tastings and master classes, with whisky and cocktail demonstrations helping to enrich their drinks knowledge. Wine expert Stephen Mack, CEO and Principal Tutor of the Asia Wine Service and Education Centre will host two sessions: "An Introduction to Key Sake Styles" and "West-meeting-East: Comparing Wine & Sake". The fairground will also feature a wine-pairing station hosted by the International Culinary Institute to provide visitors with wine-and-food pairing experiences.

    This year, the HKTDC will once again organise the Hong Kong Wine Journey citywide promotion, putting together more than 90 wine-related activities in November. In addition to enjoying free corkage at selected restaurants, the public can take part in a series of wine tastings, themed tours and wine-pairing events, among others. For details, please refer to the Hong Kong Wine Journey map or the event website.

    *Ticket Details
    From now until 9 Nov, members of the public can purchase Public Day tickets at a special price of HK$99 through HKTVmall, HOKOBUY, Yahoo, Price.com, Ticketflap, Clink Digital Media, Tap & Go wallet and the Octopus App (Octopus card or O! ePay). Ticket-buyers will receive a Lucaris crystal wine glass on a first-come, first-served basis while stocks last. Members of the public can enrol in the Asia Wine Academy at a special price of HK$690 (original price HK$990) through the Wine & Spirits Fair website, Octopus App or online platforms Timable and Ticketflap on or before 20 Oct. Participants will receive a complimentary Wine & Spirits Fair ticket and a Lucaris crystal wine glass - a package with a total value of HK$1,300 - on a first-come, first-served basis while stocks last.

    Fair Website: www.hktdc.com/hkwinefair
    Hong Kong Wine Journey: www.hktdc.com/hkwinejourney
    Asia Wine Academy: http://hkwinefair.hktdc.com/dm/2018/asia_wine/index_en.html
    Photo Download: https://bit.ly/2ElhlAX

    Media Enquiries, HKTDC Communications & Public Affairs Department:
    Katherine Chan, T: 852 2584 4537, E: katherine.cm.chan@hktdc.org
    Iris Chow, T: 852 2584 4241, E: iris.cc.chow@hktdc.org

    About the HKTDC
    The HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With more than 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets. Please visit www.hktdc.com.

     
    Copyright 2018 ACN Newswire. All rights reserved. www.acnnewswire.com

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