FPT Software formed core partnership with Landing AI Promoting Visual Inspection Technology

Vietnam’s leading IT firm, FPT Software, has recently entered a strategic partnership with Silicon Valley AI and machine vision leader Landing AI. Both companies will tap into their Artificial Intelligence (AI) expertise, deploy end-to-end visual inspection solutions, and promote the adoption of computer vision across industries. FPT Software added that it will be promoting Landing […]

Tata Motors begins TML Smart City Mobility Solutions for urban mass mobility

Tata Motors Limited has incorporated a wholly owned subsidiary, viz., ‘TML Smart City Mobility Solutions Limited’ for undertaking urban mass mobility business interalia under an own, operate and maintain model. With the launch of TML Smart City Mobility Solutions Limited (“TSCMSL”), the Company intends to bring specific focus to its Electric Vehicles (“EV”) segment as […]

Gideon unveils Casey-Solution for autonomous box picking and Process Optimization

Gideon, the robotics and AI solutions company, recently unveiled Casey, the autonomous solution for order picking and process optimization. The firm added that the latest solution aids the firms to address severe labor shortages and increasing e-commerce demand by automating and streamlining manual box picking. The rise of e-commerce, due to its higher labor intensity […]

Schaeffler unveils new bearings for electric vehicles

Schaeffler, the global automotive and industrial supplier understands the major potential impact of innovative bearings, and is now presenting two further product innovations designed specifically for electric vehicles: the TriFinity triple-row wheel bearing and the high-efficiency ball bearing with centrifugal disc. “Innovative bearing technologies are a core part of our product DNA and underpin the […]

Stellantis and Toyota to launch a new large-size electric commercial van

Stellantis N.V. and Toyota Motor Europe N.V. (TME) today announced the expansion of their existing partnership with an agreement for a new large-size commercial van, including a battery electric version. The new vehicle marks the third body type under the agreement, completing a full LCV line-up, with compact-, mid- and now also a large-size LCV. […]

Willas-Array records gross profit margin rise to 9.8% in FY2022

Willas-Array Electronics (Holdings) Limited (‘Willas-Array’, the ‘Group’ or ‘WAE’), one of the largest Hong Kong-based distributors of electronics components in the Greater China region, has achieved net attributable profit of HKD82.2 million for the year ended 31 March 2022 (‘FY2022’), down 11.1% from HKD92.5 million the year before (‘FY2021’). This translated to earnings per share […]