Visit
Official Website

Fictron Industrial Supplies Sdn Bhd
No. 7 & 7A,
Jalan Tiara, Tiara Square,
Taman Perindustrian Sime UEP,
47600 Subang Jaya,
Selangor, Malaysia.
+603-8023 9829
+603-8023 7089
Fictron Industrial
Automation Pte Ltd

140 Paya Lebar Road, #03-01,
AZ @ Paya Lebar 409015,
Singapore.
+65 31388976
sg.sales@fictron.com

Latest News

Bosch Rexroth¡¯s CytroBox

Jul 11, 2019
Bosch Rexroth¡¯s CytroBox
View Full Size
Connecting machines and facilities with IT systems opens up gigantic potential for more affordable and intuitive tasks. This is precisely where Bosch Rexroth‘s new CytroBox hydraulic power unit comes in. With its intelligent, energy-efficient modular design, CytroBox provides a new solution for the medium performance range up to 30 kW. With its incorporated IoT technologies, CytroBox is paving the way for consistently implementing Industry 4.0 concepts.
 
CytroBox is a hydraulic power unit for applications in the average performance range up to 30 kW. The current consumption is parametrized and optimized with regard to the existing electrical cabinet. Pre-set controllers in variable-speed pump drives adjust energy requirements on an separate basis.
 
The speed is flipped off during no load in order to save energy and is controlled under full load in a closed loop to the accurate pressure command value with a highly dynamic response. This saves up to 60 percent of energy compared to conventional power units. The high efficiency of the manifold block, which is manufactured using the 3D sand core printing method, also contributes to overall efficient operation. Made via additive manufacturing, the manifold block is up to 40 percent more compact and boasts improved flow channels. This grows oil flow, reduces pressure losses and minimizes the areas where leaks could occur because fewer plug screws are involved. The hydraulic power unit is also equipped with an active dewatering unit to protect against external contamination.
 
Cleverly connected to condition monitoring
 
Equipped with a sensor package and open interfaces, CytroBox is ready for use in connected environments. Integrated and wired sensors give information regarding the current filter, oil or drive condition. The collected data is then handled by the drive controller. With the help of Open Core Interface, data can be further prepared and integrated into modern machine concepts.
 
CytroBox also grants a connectivity option for operators. This makes it easy to understand the potential of IoT technologies as a pay-per-use service easily and without risk. All information regarding CytroBox - from the component and operating status or forthcoming maintenance work to predictive maintenance analyses is available via Rexroth's Online Diagnostics Network (ODiN). As a result, the information is always close to hand.
 
Full performance with the smallest footprint
 
Flexibility and space-saving designs are significant criteria when selecting components. The CytroBox mixes a small footprint with a compact design. This also consists of a tank with optimized de-gassing and flow. Thanks to a CFD simulation, the oil volume is reduced by 75 percent - going from 600 liters to a mere 150. The use of synchronous technology also saves space. The high-performance, water-cooled synchronous motors are up to 80 percent smaller than comparable asynchronous ones. All functions are brought together in a compact control cabinet. As a result, CytroBox can easily be integrated into existing production lines in a flexible, space-saving manner.
 
Lower noise emissions for improved worker comfort
 
Airborne sound is completely absorbed by the compact arrangement of components in one unitary housing and built-in sound insulating mats. This design ensures no sound leaks out. In order to reduce noise emissions stemming from structure-borne noise, the motor pump group is rigidly affixed to a polymer-concrete foundation. The damping bearings that would typically transmit the noise to the tank are completely eliminated. Even at a full load, CytroBox's noise emission is less than 75 dB (A). Comparable power units have an average noise level of 85 dB (A). This reduces the need for additional noise reduction measures, lowers costs and makes the work experience more pleasant, even when in direct proximity to the hydraulic power unit.



This article is originally posted on Tronserve.com

New Compact Electronic Slide Bolt

Jul 10, 2019
New Compact Electronic Slide Bolt
View Full Size
CONCORDVILLE, Pa., June 18, 2019 — Southco, Inc., a global leader in engineered access solutions, has grown its line of electronic access control solutions with a compact electronic slide bolt that simplifies the upgrade from mechanical to electromechanical latching. The new EM-05 4 Series Slide Bolt combines an electronic lock with latch bolt state sensing and door sensing, allowing for simple monitoring of door and latch status.
 
Southco's EM-05 4 Series Electronic Slide Bolt features high energy efficiency, demanding no power draw to maintain its retracted or extended position. With its compact size, the lightweight 4 Series Electronic Slide Bolt can be effortlessly installed in tight spaces and is adaptable to various mounting demands. Simple to put in and operate, the economical 4 Series uses a spring-loaded, gear motor-driven mechanism that produces a secure and trusted alternative to solenoid solutions in high-volume dispensing and storing applications.
 
General Manager Steve Spatig adds, 'The new EM-05 4 Series Slide Bolt provides a simple, cost-effective upgrade to electromechanical access control that grants more energy efficiency and reliability than traditional solenoid solutions. With integrated latch bolt position sensing and door sensing, the 4 Series lets simple monitoring of door and latch status for added security.'



This article is originally posted on Tronserve.com

UPS Enhances Asia Trade Connectivity As Region Looks Toward Growth

Jul 10, 2019
UPS Enhances Asia Trade Connectivity As Region Looks Toward Growth
View Full Size
The series of service enhancements UPS  reported today affect more or less 1.4 million postal codes in 41 countries and territories across the Asia Pacific region, enabling worldwide connectivity for over 22 million businesses.
 
“At the root of the investments in our Smart Logistics Network is a simple desire to make global commerce easier for Asian businesses—because when they grow, we grow too,” said Ross McCullough, President, UPS Asia Pacific Region. “More UPS customers in the region will now be able to have their shipments sent and received in less time; they’ll be able to find us easily in more cities and towns, and they’ll be able to send shipments later in the day than before—all of which will open new opportunities for businesses in the region to trade more efficiently with the rest of the world.”
 
In the first half of 2019, UPS accomplished the following as part of its strategy to reinforce economic development in the region, and is particularly projected to account for 63 percent of global GDP growth in 2019:
 
Shenzhen Asia Pacific Air Hub upgrades increase the hub’s handling size by virtually 50 percent in preparation for volume gains in the coming three years.
Transit times reduced across 2,300 trade lanes: Intercontinental transit times decreased by up to 4 days, while shipments with destinations in Asia see transit times improved by up to 2 days.
increased the geographic reach of UPS Worldwide Express®services, offering intercontinental shipping with time-definite deliveries in Australia, Hong Kong, Japan, Singapore, and South Korea; Customers in Xi An, China and new provinces in Vietnam can now access UPS Worldwide Express Freight™, a guaranteed door-to-door service for palletized shipments over 70kg.
Extended pick-up times by up to five hours for export shipments from China, Japan, Taiwan, and South Korea, extending production windows and giving businesses additional time to fulfill customer orders.
Strengthened supply chain adaptability with Saturday pick-up services in the U.S. enabling import shipments destined for eight markets in Asia to be delivered one day earlier than before.
 
“We’re seeing new realities in this region that demand not only inventive solutions, but also higher levels of service,” said Wilfredo Ramos, Vice President of Strategy, UPS Asia Pacific Region. “Businesses have come to rely on UPS’s extensive experience to help them navigate the volatile highways of trade today. Together with our brokerage capabilities, upgrades like the one at our Shenzhen Hub will give UPS the flexibility to support increases in intra-Asia trade volumes in the coming years.”
 
UPS’s Shenzhen Hub assists as a transfer point for shipments moving within the region, and the enhancements improve both reliability and quality of service provided to UPS customers in Asia. Around 550 employees maintain round-the-clock operations at the hub, which houses divide sorting and handling facilities for express and cargo shipments, on-site customs office and processing – including China Inspection and Quarantine (CIQ) clearance for import commodities – and a dedicated 150,000 square meter ramp with 13 aircraft parking positions. Self-operated aircraft ground-handling provides UPS, as a logistics integrator, with better control over the 86 weekly UPS flights in and out from the hub.
 
UPS has operated in the Asia Pacific region ever since 1988, and has increased to service 41 countries and territories in the region over the past 30 years. In 2018, the company implemented the largest expansion of the UPS My Choice service since its launch, offering users enhanced visibility in 96 new countries and territories, including Australia, China, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand and Vietnam in Asia Pacific.
 
Source: TRONSERVE

Trump's Huawei Lifeline Boosts Suppliers Across Asia

Jul 10, 2019
Trump's Huawei Lifeline Boosts Suppliers Across Asia
View Full Size
Huawei Technologies is quickening projects to broaden sourcing away from the U.S. despite comments by President Donald Trump this weekend that he could ease the export constraints that have dealt a severe blow to the Chinese tech giant's growth plans.
 
The U.S. president said at the Group of 20 summit in Osaka that he would probably allow American companies to sell nonsensitive goods and technology to Huawei, the world's top telecom equipment provider and the global No. 2 smartphone maker. The incomplete lifting of restrictions, which previously barred all transfer of U.S. technology to Huawei, was a condition for restarting stalled trade negotiations between Washington and Beijing.
 
The comments spurred a sharp surge in the shares of Huawei's Asian vendors on Monday as suppliers, investors and market watchers saw indicators of hope for a sector that has been clouded by a lackluster global outlook.
 
Key camera lens maker Largan Precision and display driver integrated circuit provider Novatek both saw their shares go up by 10%. Chinese metal casing provider Shenzhen Everwin Precision Technology and touch and camera module supplier O-film Technology also jumped some 10%. Shares of Taiwan Semiconductor Manufacturing Co., a key Huawei mobile processor producer, advanced virtually 4%, while Sony, Huawei's crucial Japanese image sensor provider, also rose more than 2%.
 
It was unclear how far the restrictions would be relieved or whether or not Google would now be able to sell its Android operating system services to Huawei, without which its smartphones will be drastically handicapped in the global market.
 
But sources familiar with Huawei's plans said the Chinese company would build up its aim to be self-reliant even if all the restrictions are gradually lifted. The smartphone maker had set an intense goal to grab 50% of the Chinese mobile market by next year, up from the current 34% in the January-March quarter, one source said. This would put intense pressure on domestic opponents such as Oppo, Vivo and Xiaomi together with international competitors such as Apple. In the meantime, Huawei had asked its procurement team to qualify new suppliers beyond the U.S. suppliers and to speed up development of chips and technologies to replace U.S. supplies, the people said.
 
Richard Yu, Huawei's consumer electronics group CEO, confirmed his company is establishing its own mobile operating system, dubbed HongMeng, which could be available as soon as this year. Many Huawei suppliers voiced relief at the reprieve but remained careful about the long-term. 'What Trump said about Huawei is good news for suppliers and the Chinese company,' said an executive of a Huawei smartphone component supplier. 'We have decided to go ahead with the capacity expansion plan for the Chinese client.'
 
However, the executive said his company's original capacity advance for Huawei would be slight and that the company would continue monitoring the U.S. government's stance. 'It is better not to be too optimistic about the Huawei situation, as the devil is in the details,' the executive said. 'Who knows if Trump will change his mind again?'
 
Huawei founder Ren Zhengfei on Saturday said in an interview with Canada's Globe and Mail that his company has been increasing staff - from 188,000 to 194,000 people - to cope with the challenges following Washington's ban.
 
The U.S. crackdown 'is not a death threat to us,' he said. 'But you asked how many holes [technical vulnerabilities] are there? I think there are thousands of holes and each one requires many people to fix.' The comment was taken from an interview transcript uploaded to a Huawei employees interaction platform. 'If some small, apparently minor component is missing on your circuit board, you may have to redesign the entire board,' Ren said. 'And that involves quite a workload.'
 
Beforehand, Ren had predicted the U.S. blacklist to wipe out around $30 billion of Huawei's revenue this year and next, while smartphone sales in the overseas market had plunged 40%. But the founder downplayed over the weekend the impact of $30 billion as a 'small number' for Huawei, and the company's overall performance and resilience so far have been much better than expected.
 
The Chinese company had stockpiled three months to a year worth of key components in preparation for a U.S. clampdown. This came after its CFO, Meng Wanzhou, was charged in Canada in December, as the Nikkei Asian Review first announced. An identical ban charged on Huawei's smaller domestic peer ZTE last year increased alarms inside the Chinese tech giant, sources said.
 
Huawei spent some $70 billion around the world for component procurement in 2018, while around $11 billion went to U.S. companies like Qualcomm, Intel and Micron Technology along with to many smaller players such as Qorvo, Skyworks and Xilinx. Many of these suppliers were wary that the U.S. blacklisting could also backfire on American players. The Semiconductor Industry Association, whose members include Intel, Qualcomm, Qorvo, and Skyworks, on Saturday said the industry welcomes the uplifting results over the meeting between Trump and Xi in Osaka. 'We are encouraged the [trade] talks are restarting and additional tariffs are on hold and we look forward to getting more detail on the president's remarks on Huawei,' SIA President and CEO John Neuffer said in a statement.
 
Many American companies started again their loads to Huawei prior to the Trump-Xi meeting after they reviewed the new trade rule. The SIA on June 21 said in a news release that while its members are complying with the U.S. regulations 'it is now clear some items may be supplied to Huawei consistent with the Entity List and applicable regulations.'
 
Micron Technology, a key memory chip supplier to Huawei, lately told investors that it has restarted some product shipments to the Chinese client in the past few weeks. Intel also restarted shipments to Huawei, The New York Times reported. On May 16 the U.S. government added Huawei to the so-called Entity List, which blocked U.S. companies and those foreign suppliers that used more than 25% of American technologies to trade with the Chinese company. Many U.S. companies such as Google, Qualcomm and Advanced Micro Devices confirmed they had to stop shipments to Huawei soon after the U.S. blacklisting.
 
Some global mobile operators such as KDDI, SoftBank, and EE even delayed product launches of new Huawei smartphones, while German chipmaker Infineon terminated shipments to Huawei from the U.S. SoftBank founder Masayoshi Son said U.K.-based chip intellectual property provider ARM Holdings, which his company bought in 2016, was studying whether its products contained more than 25% of U.S. technologies. 'We think Trump's remarks would give Huawei some breathing room while the Chinese company continues to seek ways to get rid of U.S. suppliers,' said Chiu Shih-fang, a veteran tech analyst at Taiwan Institute of Economic Research.
 
And yet, the U.S. government is not assumed to unexpectedly go beyond Huawei's smartphone business in greenlighting exports, Chiu said. 'Although we think the lift of a part of the ban could help improve a bit of the overall market outlook, we don't expect it could give a great boost for the overall lackluster electronics and smartphone market. There are still a lot of uncertainties,' the analyst said. In a statement to the Nikkei Asian Review, Huawei acknowledged the 'U.S. President's comment related to the company' but declined to comment further. Google did not respond to a request for comments.
 
Source: TRONSERVE

E-Commerce Explosion Driving Worldwide Warehouse Expansion

Jul 10, 2019
E-Commerce Explosion Driving Worldwide Warehouse Expansion
View Full Size
International analysis firm ABI Research has observed that the global Warehouse Management System (WMS) market will be worth US$5 billion by 2025, growing at a CAGR of 13.9 per cent.
 
The period will see a warehouse increase with some 57,000 more distribution facilities in operation by then compared to last year. The continued growth of the e-commerce market and ascending customer expectations are putting huge pressure on warehouses to execute more instant and adjustable deliveries. This is directing investment in warehouse facilities, automation technologies, and warehouse management systems to put together and optimize operations.
 
“The warehouse is becoming the engine room of the supply chain and is, therefore, a focal point for investment from retailers, manufacturers, and logistics service providers,” said ABI Research principal analyst Nick Finill. “As the warehouse technology ecosystem becomes increasingly complex, supply chain operators require more sophisticated management systems that can orchestrate the high volume and variety of intelligent, connected devices and systems within their facilities, as well as the flow of inventory.”
 
The firm finds that as the e-commerce boom grows in and stretches beyond the established economies of China, Japan, and Korea, the Asia-Pacific will discover the greatest growth of warehouse facilities and WMS revenue, becoming the biggest market for the software by 2023. The prompt adoption of WMS is also imagined in the emerging economies of the Middle East, Africa, and Latin America. Europe and North America will experience powerful growth as supply chain operators increase spending on upgraded software systems.
 
WMS expenses will also deviate in accordance with industry verticals. The retail, food and beverage, and manufacturing sectors will be responsible for the highest growth rate as they catch up with more mature verticals, for example logistics service providers.
 
ABI’s data suggests AI-driven innovation from WMS market leaders such as for example JDA Software, High Jump, and Manhattan Associates is allowing significant adaptability and functionality in WMS and Warehouse Execution Systems, an extremely important orchestration layer linking high-level management with connected machines. At the device and machine level, greater automation is creating demand for more advanced Warehouse Control Systems from major automated material handling solution providers such as Bastian Solutions, Dematic, and Honeywell Intelligrated.
 
“The increasing velocity of goods through the supply chain is driving demand for real-time decision making and optimisation,” said Finill. “As the margin for error in the warehouse decreases, AI and ML-enabled WMS solutions are becoming imperative for warehouses that rely on speed, efficiency, and intelligence to remain competitive.”
 
Source: TRONSERVE

BYD Debuts Design Hub To Sculpt Next-gen Electric Cars

Jul 10, 2019
BYD Debuts Design Hub To Sculpt Next-gen Electric Cars
View Full Size
Chinese electric vehicle maker BYD has opened a worldwide design center at the company's headquarters in Shenzhen, gathering its designers from around the world under one roof to build much better cars.
 
The Chinese industry for electric vehicles and other environmentally friendly cars keeps growing, but rival is intense as newcomers flood the field. BYD expects to reinforce its design capabilities and develop exclusive vehicles targeted toward younger drivers.
 
The center covers 12,600 sq. meters and can accommodate 300 in-house designers and 100 outside staffers. It includes a vicinity committed to designing clay models of the cars. The site also will be used to design monorails, as BYD seeks inroads in that field domestically and abroad.
 
'Both technology and design must be grasped firmly, to transform BYD's products from being solely powered by 'technology' to leveraging the combined power of 'technology + design,'' President and Chairman Wang Chuanfu explained in a statement circulated on June 25.
 
BYD sold over 250,000 environmentally friendly cars in 2018, turning it out the key player in China. But the government is little by little reducing subsidies for such vehicles, which could slow the growth in the market.
 
Foreign players such as Tesla also are pouring resources into China, adding to the competition. BYD desires that strong design capabilities will help separate the company from opponents and propel future growth.
 
Source: TRONSERVE

relayr, FLANDERS Partner For Digital Transformation Project In Heavy Industrial Space

Jul 10, 2019
relayr, FLANDERS Partner For Digital Transformation Project In Heavy Industrial Space
View Full Size
relayr, a global industrial internet of things (IIoT) technology company, has moved into into a strategic contract with FLANDERS. FLANDERS is a global leader in electric machine repair, power systems engineering, custom manufacturing, integration, and the deployment of advanced technologies for the world's biggest machines with electric turning systems in heavy industry. Together, the companies are establishing and deploying remotely monitored, intelligent solutions with secured business outcomes to FLANDERS' global customers.
 
The partnership leverages relayr's artificial intelligence-based IoT technologies to disrupt how mainstream assets in high-demand scenarios are managed in heavy industrial environments, like mining, mills, and other manufacturing plants. This gives FLANDERS' customers access to new digital services to deeper reduce unanticipated downtime and improve asset results. Operators are supplied with ongoing and thorough insights into critical breakdowns and efficiency levels in a predictive fashion. The new digital services also lower capital expenditures and ensure maximum production of critical assets - which is guaranteed through relayr's parent company, Hartford Steam Boiler/Munich RE.
 
'The results of a digital transformation can be significant, and an increasing number of businesses across nearly every industry are embracing IoT solutions to enhance operational efficiency, maximize productivity, and typically change the way they do business for the better,' said Guneet Bedi, GM of the Americas for relayr. 'Our partnership with FLANDERS will have a far-reaching impact on our respective customers, and we're happy to begin working with them on this exciting new endeavor.'
 
For FLANDERS, the partnership includes a shift to a predictive service model, which offers uptime and business interruption guarantees. These assures are available through relayr's years of domain experience mixed with predictable algorithms that determine revenue and cost certainty for FLANDERS' customers. FLANDERS is also evaluating the offerings of a pay-per-use model for its custom manufactured products and services, an industry first in this segment.
 
'As we move additionally into the world of Industry 4.0, it is extremely clear that undertaking a digital transformation is a essential move in order for us to maintain to serve our customers with the world-class electrical expertise FLANDERS is known for,' said Shawn Collins, FLANDERS' Executive Director, US Regional Service Centers. 'relayr's expertise and thought leadership in IIoT, merged with our application knowledge, will yield solid business outcomes for our customers.'
 
Both relayr and FLANDERS have an agnostic position towards automation equipment for flexibility and agility to achieve success within the complexity of today's industrial environment.



This article is originally posted on Tronserve.com

Squeezing Rocket Fuel From Moon Rocks

Jul 10, 2019
Squeezing Rocket Fuel From Moon Rocks
View Full Size
The most useful natural resource on the moon may be water. In addition to maintaining lunar colonists, it could also be broken down into its constituent elements—hydrogen and oxygen—and used to make rocket propellant.
 
Although the ancients called the dark areas on the moon maria (Latin for “seas”), it has long been clear that liquid water can’t occur on the lunar surface, where it would swiftly evaporate. Since the 1960s, though, scientists have hypothesized that the moon indeed harbors water, in the form of ice. Because the moon has a very small axial tilt—just 1.5 degrees—the floors of many polar craters stay in perpetual darkness. Water could thus concentrate and survive in such polar “cold traps,” where it might one day be mined.



This article is originally posted on Tronserve.com

Volkswagen expands research facility and reveals concept version of VW Bus

Jul 10, 2019
Volkswagen expands research facility and reveals concept version of VW Bus
View Full Size
The development and Engineering Center California is said in the company’s 2 July press release to be the largest research facility outside of Germany, with over 180 engineers. It is to concentrate on carrying engineering innovations to the US market.
 
“The future of the Volkswagen Group will be defined by our success in developing new technology that is fashioned to meet our customers’ needs,” said Scott Keogh, President and CEO, Volkswagen Group of America. “As we roll out the next generation of electric and autonomous vehicles, innovation will increasingly define who we are.”
 
Also announced was a concept vehicle version of the iconic Volkswagen Type 2, known as the Type 20. The concept vehicle incorporates electric power and a bevy of experimental aspects. These consist of biometric identification, a digital assistant and a holographic infotainment system.
 
“We are excited to move into our next chapter as the IECC, to maintain designing innovations that will bring the Volkswagen Group vehicles into the future with cutting-edge technology,” said Nikolai Reimer, Senior Vice President of the IECC. “The Type 20 is a fantastic example of how we celebrate our heritage while striving to boost our technology.”



This article is originally posted on Tronserve.com

Over Half of Smart Beta Usage Taking Place Among Asset Owners

Jul 9, 2019
Over Half of Smart Beta Usage Taking Place Among Asset Owners
View Full Size
The month of May reminded investors that they should be strategic in relation to investing in 2019 as volatility took hold of the capital markets as the U.S.-China trade deal that was supposed to happen morphed into an impasse. And so, more investors are starting to attain the importance of incorporating smart beta strategies into their portfolios, primarily current asset owners, according to a survey conducted by index and analytics provider FTSE Russell.
 
Per an Institutional Investor article, “out of 178 retirement plans, endowments, foundations, and other institutions polled by the index provider, 58 percent said they had allocations to smart beta strategies, up from 48 percent last year. Another 20 percent said they were currently evaluating or planned to evaluate adding smart beta to their portfolios.” Besides that, smart beta usage “has nearly doubled in popularity since the survey’s debut in 2014, when 32 percent of respondents reported smart beta allocations. Smart beta strategies utilized by survey respondents included funds tied to investment factors like low-volatility, value, and momentum, as well as equal-weighted and fundamentally weighted indexes.”
 
With smart beta usage on the rise, certainly one of the challenging aspects advisors face with this more cautious investor is the plethora of options available, specifically in the exchange-traded fund (ETF) space. Where are the opportunities in ETFs given the present market landscape and how can smart beta-factor strategies work in a portfolio?
 
A market-capitalization-weighted index gives clients with exposure to a selected market based upon security prices, without contemplating any true company fundamental to judge its value. Nevertheless, the Great Recession of 2008 roiled investors with deep declines that they were not predicting, as a consequence of overexposure to potentially overpriced stocks relative to their true value.
 
Therefore, things initiated to change, with lots of financial advisors shifting to smart beta strategies in the past 10 years. The first aspect to touch upon was the limitations of a market cap weighted index, which would then warrant the need for smart beta and factor strategies.
 
Thru smart beta, investors get adaptable exposure with the rules-based approach in combination with reaping the rewards of diversification via access to a broad market index. In addition, the simplicity of buying a broad-based market index has a concentration of risk, and should a market correction ensue comparable to that witnessed in the fourth quarter, investors are left vulnerable.
 
So, smart beta strategies can be segmented into alternatively weighted, single factor and multi factor strategies–the latter to diversify concentration in a specific factor–low or minimum volatility, momentum, size, quality, yield, and value.
 
“Investors are becoming more comfortable with smart beta as they have developed an increased understanding of these strategies and more confidence in their track records,” said Rolf Agather, research and innovation managing director at FTSE Russell.
 
Source: TRONSERVE

ICE Used Facial Recognition To Search DMV Databases

Jul 9, 2019
ICE Used Facial Recognition To Search DMV Databases
View Full Size
Immigration and Customs Enforcement (ICE) agents have been using facial recognition technology to analyze driver’s license data in numerous states, including three that distribute driver’s licenses to undocumented migrants, the Washington Post reports.
 
The Federal Bureau of Investigation (FBI), alongside ICE, has received gain access to to millions of Americans’ photos all the way through their access to DMV files, including in Utah, Vermont, and Washington. These states offer a driver’s license or limited permit to undocumented immigrants.
 
Researchers from Georgetown Law gained thousands of email records and facial recognition requests placed by the agents to the DMVs over the last five years and supplied them to the Post. The lists show that the DMVs in Utah and Vermont complied to these requests, the New York Times reports, however it has not been clear if Washington state carried out the requests. In Utah, the Post reported, there were about 1,000 requests made between 2015 and 2017.
 
San Francisco and Somerville, Massachusetts, have suspended these agencies from accessing their citizens’ DMV records, attributing their reasoning to a breach of public trust.  
 
As the Post notes, police typically have access to information for example fingerprints but the DMV data permits access to photographs that they then match with suspects. The DMV’s complicity varied, according to reports: While some required court order, in some other cases, a mere email to the DMV including a “probe photo” would suffice. The DMV authorities would then search their data for a potential match and provide it to the officials.
 
“These states have never told undocumented people that when they apply for a driver’s license they are also turning over their face to ICE,” Harrison Rudolph, an associate at Georgetown, revealed the Times. “That is a huge bait and switch.”
 
Source: TRONSERVE

China's Rare-Earth Strategy Versus US Risks Backfiring

Jul 9, 2019
China's Rare-Earth Strategy Versus US Risks Backfiring
View Full Size
China is now looking to boost its dominance over the rare-earth minerals needful for myriad tech products, in part through regulations designed to enhance high-end industries. By doing this, however, Beijing risks driving investment into the rare-earth industry of its trade war foe, the U.S.
 
China makes roughly 80% of global rare earths, used in many different products including smartphones and the motors of hybrid and electric vehicles. Amid concerns that Beijing is deciding on some form of export restrictions, prices of rare earths have jumped over the last few months.
 
The price of neodymium, primarily used in magnets, has surged 30% to $68.5 per kilogram since April, while dysprosium, also used in magnets, has risen 30% to $290 per kilogram in the same period.
 
Both materials are required. Neodymium increases magnetic force but its performance is reduced under high temperature. Since motors can run very hot, dysprosium is added to help the neodymium endure heat. As more electric and hybrid vehicles hit the market, demand for the minerals is expected to soar.
 
Given the importance of such minerals to industry and defense, Washington left out rare-earth materials when it raised tariffs to 25% on mostly all Chinese imports just lately. Analysts said Beijing is less likely to resort to the aggressive measures it has used in the past, lest it incur the U.S. wrath. 'China's attitudes and remarks are milder [this time] compared with when Beijing restrained shipments of rare earths to Japan in 2010,' said Kotaro Shimizu, chief analyst at Mitsubishi UFJ Research and Consulting.
 
That year, the U.S. tried out to bring back the mining of rare earths locally by introducing a bill, the Rare Earths Supply-Chain Technology and Resources Transformation, known as the RESTART Act. Even though the law failed to gain traction, Shimizu said, 'Now we see again the rise of voices calling for rare-earth production in the U.S.'
 
When Beijing restrained the exports to Japan, tensions between the countries had increased over the Senkaku Islands, which China claims and calls Diaoyu. At that moment, Chinese public opinion was 'all about how China can hurt Japan by leveraging rare earths,' Shimizu said.
 
But the clampdown came at a price for China. Facing an abrupt supply shortage and price spike, Japanese companies started to reduce rare-earth consumption and alternatively focused on recycling. According to the Japan Society of Newer Metals, the country's rare-earth demand fell to 13,197 tons in 2012 from 32,390 in 2007. 'Beijing still remembers that they put their own industry in a really difficult situation by restricting rare-earth exports in 2010,' said Yoshikazu Watanabe, president of Tsukushi Shigen Consul, a natural resources consulting company. 'China's moves now are for show and to remind the U.S. that it could restrict exports.'
 
Soon after the failure of the RESTART Act, prices in the U.S. market slumped for years and mining company Molycorp filed for Chapter 11 bankruptcy protection in 2015. American rare-earth production ceased absolutely from 2016 until last year, when the U.S. produced 15,000 metric tons, as stated by data from the U.S. Geological Survey.
 
The U.S. still is lacking capacities to separate rare earths. Ores obtained from Mountain Pass, the only U.S. mine under operation, are shipped to China, which has the most advanced separation technology. Beijing already imposed a 25% tariff on rare-earth ores from the U.S. that are sent to China for separation on June 1.
 
But endeavours are underway to fill the gap in the stateside supply chain. Australia's Lynas, the biggest rare-earth producer outside China, announced in May that it had signed an agreement with U.S. rare-earth processor Blue Line for a coordination to develop separation facilities in the U.S. Shigeo Nakamura, president of Advanced Material Japan, said the U.S. has alternatives for separation in Vietnam, Myanmar and Estonia. 'There will always be export pathways [available] to the U.S. through a third country,' he said. So Beijing is treading cautiously as it works to strengthen its position.
 
China's economic planner, the National Development and Reform Commission, said just lately that rare-earth producers should abandon low-end production methods by increasing investment and research to enhance the competitiveness of their minerals.
 
While waiting, Beijing in May began restricting imports of rare earths from Myanmar to stop smuggling. Myanmar produces dysprosium and terbium - known as medium-heavy rare earths that can be found in very few places on the planet. Large volumes of ores flow illegally into China; reportedly, as much as 85% of China's rare-earth imports come from Myanmar.
 
When it comes to actual components like rare-earth magnets, which are shipped to the U.S. mainly from Japan, the effects of the tensions appear to be negligible so far. Shin-Etsu Chemical, which produces the magnets, said the trade war 'hasn't had an impact on the production and shipments of rare-earth magnets.' The Japanese company imports rare-earth alloys from its Chinese subsidiary in Fujian in southeastern China and makes the magnets in Japan.
 
Nakamura at Advanced Material Japan suggested China risks a boomerang effect. 'The more Beijing tries to weaponize rare earths, the more development and investments the U.S. industry will attract,' he said. 'China will be the only one to lose out.'
 
Source: TRONSERVE

Amazon Is Making Alexa Easier To Use

Jul 9, 2019
Amazon Is Making Alexa Easier To Use
View Full Size
Assume that being able to arrange a night out ahead through Alexa by engaging in a naturally flowing conversation with the virtual assistant. This is exactly what Amazon showed off last week at its re: Mars conference when it unveiled a preview of Alexa Conversations. Found in Amazon’s Alexa Skills Kit, Conversations allows developers to combine voice apps in order to streamline certain functions.
 
Amazon disclosed what Conversations could do at the conference by exhibiting a clip of a woman using Alexa to order a movie ticket, book a table at a nearby Chinese restaurant, and order an Uber to pick her up. The whole process took under a minute. Amazon says that this “night-out” scenario is the first of many that will permit users to promptly move from one voice app to another inside one conversation. The Conversation feature is developed to get rid of the number of interactions it takes to get things done. For illustration, with the “night-out” scenario, more or less a dozen instructions were required to arrange the whole evening compared to the 40 or so that it would have taken without the new capability. And to make Alexa even more conversational, the virtual assistant can order an Uber by saying “Get me a ride,” instead of “Alexa, launch the Uber skill.”
 
A year ago, Amazon launched Follow-up Mode so that users can ask Alexa to cope with various tasks without having to repeat the “Alexa” hotword every time they want to add a task or request. This can be enabled by opening the Alexa app on your phone and swiping to the right to show the app’s menu. Following that, go to Settings > Device Settings and tap on the appropriate device. Scroll down to Follow-up Mode and toggle it on. This should make asking Alexa to do multiple tasks much simpler and quicker. Google launched something similar to Continued Conservations for Google Assistant. This allows users to continue a conversation without having to continually say “Ok, Google.”
 
“If you make customers repeat information again and again and again, you are forcing them to believe that they are talking to a dumb entity, and if that’s the rapport you’re building with them from the get-go, the chances are they’re never going to delegate higher order tasks to you, because they will never think you’re capable of solving higher-order problems for them.”-Sanju Pancholi, Alexa AI senior product manager, Amazon.
 
At some point, Amazon could perhaps add a variety of Skills for Alexa that will allow users to order food to be delivered, buy a present, or view content at home. Alexa at this time is on over 100 million devices and users have more than 90,000 skills that can be enabled for the platform. With 325,000 developers using the Alexa Skills Kit, we can assume many more Skills to be available in the future.
 
Source: TRONSERVE

This Drone Explode Into Maple Seed Microdrones in Midair

Jul 9, 2019
This Drone Explode Into Maple Seed Microdrones in Midair
View Full Size
As useful as old-fashioned fixed-wing and quadrotor drones have become, they still tend to be reasonably complicated, expensive machines that you really desire to be able to use more than once. When a one-way trip is all that you have in mind, you want something simple, reliable, and cheap, and we’ve seen a bunch of various designs for drone gliders that more or less fulfill those criteria.
 
For an even easier gliding design, you want to minimize both airframe mass and control surfaces, and the maple tree supplies some inspiration in the form of samara, those unique seed pods that whirl to the ground in the fall. Samara are really just an unbalanced wing that spins, and while the natural ones don’t steer, adding an actuated flap to the robotic version and moving it at just the right time results in enough controllability to aim for a specific point on the ground.
 
Roboticists at the Singapore University of Technology and Design (SUTD) have been playing with samara-inspired drones, and in a new paper in IEEE Robotics and Automation Letters they explore what happens if you attach five of the drones together and then divide them in mid air.
 
Basically, a samara design acts as a decelerator for an aerial payload. You can think of it like a parachute: It makes sure that whatever you toss out of an airplane gets to the ground intact rather than just smashing itself to bits on impact. Steering is possible, but you don’t get a lot of stability or precision control. The RA-L paper details one solution to this, which is to collaboratively use five drones at once in a configuration that looks a bit like a helicopter rotor.
And once the multi-drone is right where you want it, the five individual samara drones can split off all at once, heading out on their own missions. It's quite a sight.
 
The samara autorotating wing drones themselves could understandably carry small payloads like sensors or emergency medical supplies, with these small-scale versions able to handle an extra 30 grams of payload. While they might not have as much capacity as a traditional fixed-wing glider, they have the advantage of being able to descent vertically, and can perform better than a parachute due to their ability to steer. The experts plan on improving the design of their little drones, with the goal of improving the rotation speed and improving the control performance of both the individual drones and the multi-wing collaborative version.



This article is originally posted on Tronserve.com

Daimler and BMW to co-operate on autonomous driving

Jul 9, 2019
Daimler and BMW to co-operate on autonomous driving
View Full Size
German automotive manufacturers Daimler AG and BMW Group have announced the signing of an settlement on automated driving co-operation.
 
In their 4 July joint press release, the companies emphasized that the first goals were the development of driver assistance systems, automated highway driving and automated parking. The technology, once put together, will be separately implemented into the makers’ vehicles, as well as registered to other OEMs.
 
The collaboration will include more than 1,200 specialists from both companies working in the Mercedes-Benz Technology Centre in Sindelfingen, the Daimler Testing and Technology Centre in Immendingen and the BMW Group Autonomous Driving Campus in Unterschleissheim.
 
The long term contract is first projected to bear fruit in 2024 with the inclusion of the technology in passenger cars released by the businesses. The two are hopeful that the long-term nature of the co-operation will benefit in an automated driving platform.



This article is originally posted on Tronserve.com

New C3D B-Shaper EditsConverts Polygonal Models in CAD

Jul 9, 2019
New C3D B-Shaper EditsConverts Polygonal Models in CAD
View Full Size
Moscow, Russia: July 08, 2019 - C3D Labs, provider of 3D software programming toolkits, introduced today that its brand-new C3D B-Shaper module is now obtainable. C3D B-Shaper lets AEC/BIM/CAE/MCAD developers work with polygonal mesh models by switching them to b-rep (boundary representation) bodies.
 
Established on C3D Labs own methods, C3D B-Shaper makes polygonal models ready to a broad range of applications:
•              Reverse engineering parts with 3D scanner files
•              Converting models from online product catalogs
•              Post-processing the output from CAE operations
•              Enhancing polygonal models by smoothing their grids, decimating surfaces, and applying compression algorithms
 
C3D B-Shaper is used standalone in CAD software, or together with the C3D Modeler geometry kernel and other segments in the company's C3D Toolkit.



This article is originally posted on Tronserve.com

Japan's Electric Wire Makers Expand in Asia to Ride EV Boom

Jul 8, 2019
Japan's Electric Wire Makers Expand in Asia to Ride EV Boom
View Full Size
Japanese electric wire manufacturers are shifting their production and investment into high gear in Asia as they get ready for growth in the region’s electric vehicle market.
 
SWCC Showa Holdings will likely invest about 700 million yen ($6.5 million) to relocate and integrate two plants in China. The company will even establish a program to develop, manufacture and sell EV cables through Jaxing Showa Interconnect Products, its Chinese subsidiary.
 
In Southeast Asia, Hitachi Metals will crank up its production capacity in Vietnam and Thailand, while Furukawa Electric will also boost its capacity in Vietnam.
 
Japanese wire makers are ready to expand sales elsewhere in Asia as automobile electrification takes off and Japan's auto parts suppliers shift their own production bases.
 
Jaxing Showa's two existing plants, which at the moment make products like copper wire for consumer electronics, will be connected into a new plant that is scheduled to go online in July 2020. The new plant will likely to be double the size of the existing two factories' 10,000 sq. meter area, and will include automated facilities to increase productivity. The company's sales totaled about 4 billion yen in fiscal 2017. SWCC Showa aims to lift the Chinese subsidiary's revenues by improving logistics.
 
According to Fuji Keizai, a Tokyo-based research company, EV sales in China are forecasted to roughly quintuple to about 2.46 million vehicles in 2035, compared with 2017.
 
SWCC Showa’s current mid-term management plan calls for extending the company’s operating profit by 5% to 7 billion yen in fiscal 2022, compared with fiscal 2018. The company believes this target is achievable thanks to its EV-related business expansion. In Southeast Asia, for the time being, Hitachi Metals is constructing its capacity to produce wire for electric parking brakes in Vietnam and Thailand. 
 
The company will widen production capacity at its existing plants and build new facilities during the first half of fiscal 2020. It plans to supply EPB wire primarily to Japanese auto-sector manufacturers in Southeast Asia. It will also open new production facilities at its plant in Hai Duong Province in northern Vietnam and beef up the capacity of current facilities at its plant in Ayutthaya, north of Bangkok.
 
EPBs do not require conventional mechanical levers, making it possible to more proficiently use space around the driver’s seat. Hitachi Metals is rushing to enlarge local processing in anticipation of growing demand for EPB wire in Asia. In Vietnam, Furukawa Electric will also invest about 3.5 billion yen to quadruple its pre-existing local plant’s capacity to produce aluminum wire for automobiles. A new building will go online in September 2020. 
 
Furukawa Electric intends to cash in on escalating demand due to greater use of aluminum in EVs to make them lighter. Many Asian countries are endorsing EVs under government initiatives. The Chinese government is promoting the spread of ecologically friendly cars like EVs the help address environmental problems due to auto emissions.
 
The Thai government is also seeking 'Thailand 4.0,' a policy to enhance the nation’s industries. Next-generation automobiles such as EVs have a distinguished place in the place. There are also moves to establish charging infrastructure for EVs in Asia, which is also reassuring Japan's electric wire makers to expand their operations in the region.
 
Source: TRONSERVE

Seven-Eleven Mobile Pay Hack Hits Japan's Drive To Go Cashless

Jul 8, 2019
Seven-Eleven Mobile Pay Hack Hits Japan's Drive To Go Cashless
View Full Size
Seven & i Holdings' new mobile payment service has been hacked barely days after its launch, dealing a blow to a crucial element of the Japanese convenience store operator's digital strategy. Japan's second-largest retail group by sales on Monday rolled out 7pay, which lets users buy stuff with a smartphone app at Seven-Eleven Japan's roughly 21,000 stores nationwide.
 
Just two days later, the parent of the chain verified that unauthorized charges had been made on some users' accounts after learning of them through feedback from customers. Victims also tweeted about their experiences. One complained that unauthorized purchases had been made using funds added to the account from a linked credit card. This marks a setback for digital payments in Japan, which ranks lower than Asian peers in the rate of cashless transactions. The country is hurrying to make itself friendlier to financial technology startups.
 
By early Thursday, Seven & i had revealed about 55 million yen ($510,000) stolen from 900 or so 7pay users. The company has in effect suspended the service by stopping users from adding money to their accounts. Tokyo police on Thursday imprisoned two Chinese nationals on suspicion of using other people's accounts to buy electronic cigarette cartridges worth about 730,000 yen from a 7-Eleven in Tokyo's Shinjuku Ward.
 
It was figured out on Friday that one of the suspects delivered instructions about gaining unauthorized access to 7pay accounts via WeChat, a popular Chinese messaging app. The Metropolitan Police Department suspects the involvement of an international criminal organization. 7pay didn't have two-step authentication to ensure the identity of users when they log in to the service. Adding this and other new security features will take 'at least three months,' said one cybersecurity expert who asked not to be named. 'And even that may not be enough.'
 
Seven & i became one of the first companies in Japan to introduce its own electronic money when it debuted nanaco in 2007. But as mobile payments promptly shifted from contactless cards to smartphones, the group found itself rushing to catch up. 7pay marked the group's entry into payment apps, and Seven & i had intended to grow the use of the service to other retailers. But now even rivals worry that the incident will hurt consumer confidence in digital payments in general.
 
'This has thrown cold water on the market just as it was heating up,' said a source at a payments company. Hiroshi Mikitani, the billionaire founder and CEO of e-commerce group Rakuten, remarked: 'The industry as a whole needs to make sure we raise the level of security.' The government's target is for at a minimum 40% of all payments to be cashless by the middle of the 2020s. Campaigns tied in with the consumption tax hike in October and the Tokyo Olympics next summer are expected to move the needle.
 
Various services have been released in quick succession, but the hacking of 7pay could deter Japanese consumers from making the switch. It could also affect the timing of a reward program for cashless payments that the government has planned to link to the tax increase. 'I think there will be rising unease among consumers,' said consumer finance writer Akio Iwata.
 
PayPay, a smartphone payment app operated by a joint venture of SoftBank and Yahoo Japan, also fell prey to unauthorized use in December, after it introduced a major campaign offering incentive points worth 20% of purchase amounts. Seven & i has a digital strategy of milking purchase data gathered though its vast store network. It has boldy promoted 7pay, envisioned to play a crucial role in this strategy.
 
To encourage customers to shift to 7pay, Seven & i on Monday began offering fewer points for purchases made with its nanaco e-money. Iwata said that Japan's cashless payment market stands out for its generous reward programs. In this way, 'the market has overheated, and the quality of services has declined in some cases,' he said.
 
Source: TRONSERVE

Stung by Trade War, Samsung Expects a Big Plunge in Profits

Jul 8, 2019
Stung by Trade War, Samsung Expects a Big Plunge in Profits
View Full Size
President Trump’s trade war with China has been experienced everywhere. The latest casualty: the South Korean electronics giant Samsung Electronics.
 
The company said on Friday that it assumed its second-quarter operating profit to fall more than 50 percent, to 6.5 trillion won, or about $5.6 billion. It managed to beat analysts’ expectations only because of a onetime gain in its display business.
 
Samsung’s disclosure on Friday highlighted the troubles that an escalating series of trade fights are causing on the global economy, mainly for huge companies that sell finished products as well as components internationally.
 
Samsung, a top producer of the components in an array of gadgets, was already experiencing a slowdown in sales of smartphones and other technology products. It has been especially hurt by a glut of memory chips.
 
The persistent trade dispute between the United States and China has made things a whole lot worse for the company. The Trump administration’s restrictions on sales to Huawei, a major buyer of Samsung memory chips, has minimized demand for the company’s chips and forced it to cut prices. Although President Trump lately said he would relax some of the restrictions, it is still unclear how far the easing will go.
 
That decline in Samsung’s memory-chip business will certainly be greater than whatever gains its smartphone division may reap from any drop in sales of Huawei’s competing products. Samsung has also been forced to contend with added costs resulting from import tariffs imposed on washing machines by the Trump administration in a move meant to protect American competitors like Whirlpool.
 
Other trade fights could cause more pain in the short term. Japan a short while ago imposed export limits on materials used to make displays and computer in South Korea, which are estimated to hurt Samsung and a top rival, SK Hynix.
 
And a more diverse economic downturn worldwide could reduce demand for Samsung’s array of products, which also include televisions and audio speakers.
 
Source: TRONSERVE

Tmall and VF Corporation Deepen Partnership in China

Jul 8, 2019
Tmall and VF Corporation Deepen Partnership in China
View Full Size
Tmall, China’s biggest B2C platform under Alibaba Group, has formed a strategic partnership with VF Corporation (“VF”) to widen the global leader’s offerings of branded lifestyle apparel, footwear and accessories in China.
 
Under the agreement, Tmall Innovation Center (“TMIC”), the professional retail innovation arm of Tmall, will provide VF data-driven consumer analytics from the 654 million annual active customers across Alibaba’s marketplaces, allowing it to tailor products for Chinese consumers. VF is the parent company of apparel brands Vans, The North Face and Timberland and is the first TMIC high-level partner in the apparel category.
 
“With Tmall’s unprecedented customer insights, good technical support and in-depth market knowledge, we are keen to work with the world’s leading companies to assist them to bring their finest products into the China market in the most-effective and powerful way. Through our partnership with VF, we are committed to helping VF create products that can properly match the appetite of the Chinese consumer,” said Liu Bo, general manager of Alibaba’s Marketing Platform Business.
 
The partnership will focus on selecting new consumption trends, pre-launch testing, consumer profiling, and post-launch tracking to optimize product design, range and assortment to uncover unmet needs of Chinese consumers.
 
Source: TRONSERVE

You have 0 items in you cart. Would you like to checkout now?
0 items