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IBM: only 11 percent of organizations in APAC is truly AI-ready despite 85 percent claiming to beA new study commissioned by IBM revealed that while Asia Pacific (APAC) organizations are increasing investment in artificial intelligence (AI) and Industry 4.0 capabilities, many overestimate their actual maturity and struggle with fundamental challenges in holistic adoption. The firm said in a report on last Thursday that only 11 percent of organizations truly AI-ready, despite 85 percent...0 Kommentare 0 Geteilt 3KB Ansichten 0 Bewertungen
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Left then right, then EV: Chinese car maker SOUEAST unveils ambitious global playChinese car maker SOUEAST has unveiled a strategic three-stage plan for the next few years, beginning with internal combustion engine (ICE) and plug-in hybrid electric vehicle (PHEV) in left-hand drive markets, moving to a balanced portfolio for right-hand drive regions, and ultimately prioritizing EVs for the European Union by 2030. “From 2024 to 2025, SOUEAST will focus on ICE...0 Kommentare 0 Geteilt 6KB Ansichten 0 Bewertungen
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Malaysia’s Betamek partners Singapore’s SiGenex for AI genomics diagnostic and sequencing solutionBetamek Berhad, a Malaysia-based original design manufacturer (ODM), has partnered with SiGenex Global Holdings Pte. Ltd. (SiGenex), a Singapore-based technology firm, for artificial intelligence (AI) genomics diagnostic and sequencing solution. Betamek said in a statement that the firm, through its wholly-owned subsidiary Betamek Research Sdn. Bhd. (BRSB) has entered into a memorandum of...0 Kommentare 0 Geteilt 11KB Ansichten 0 Bewertungen
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Malaysia’s KLK Land launches $830M tech park in Tanjong MalimMalaysia-based KLK Land, a wholly owned subsidiary of Kuala Lumpur Kepong Berhad (KLK), has launched KLK TechPark, a 1,500-acre integrated industrial hub in Tanjong Malim. The firm said in a statement on Friday the development is projected to generate a gross development value of MYR 3.5 billion ($830 million) over the next ten years. Phase 1 will see the Chinese automaker BYD as the anchor...0 Kommentare 0 Geteilt 670 Ansichten 0 Bewertungen
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Malaysia’s Proton begins construction of new EV plant in Tanjung MalimMalaysia’s national automaker Proton has on Friday taken the next step to achieving its goal of local electric vehicle (EV) manufacturing following a commencement of construction ceremony for a new production plant at its high tech Tanjung Malim facility. Targeted for completion by the end of 2025 at an investment cost of MYR 82 million ($18.46 million), the first phase of the...0 Kommentare 0 Geteilt 10KB Ansichten 0 Bewertungen
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SIB partners APU to advance EV, hybrid, smart manufacturing talent in MalaysiaSapura Industrial Berhad (SIB), a Malaysia-based automotive component manufacturers, and Asia Pacific University of Technology & Innovation (APU), Malaysia’s digital technology institution, have entered into a memorandum of understanding (MoU) to strengthen collaboration in electric and hybrid vehicle technology and smart manufacturing. The duo said in a statement on Wednesday that...0 Kommentare 0 Geteilt 701 Ansichten 0 Bewertungen
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Singapore’s Groundup.ai bags $4.25M in Series A funding led by Tin Men CapitalGroundup.ai, an industrial Al expert in machine maintenance and workplace safety Al solutions, announced Monday a close of its US$4.25m Series A funding round. The round was led by local venture capital firm Tin Men Capital, with continued support from Wavemaker Ventures, the early-stage fund of Wavemaker Partners, who also invested in the company’s earlier funding stages and...0 Kommentare 0 Geteilt 7KB Ansichten 0 Bewertungen
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Taiwan’s Pegatron partners Telkomsel to accelerate smart manufacturing transformation in IndonesiaPegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia. The duo said in a statement on Tuesday that Pegatron has officially inaugurated its new smart manufacturing facility in Batam, Indonesia. The factory combines advanced Artificial...0 Kommentare 0 Geteilt 7KB Ansichten 0 Bewertungen
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Thai-founded LineWise raises $1.1M in Pre-Seed funding from Y Combinator, A2D VenturesLineWise (YC X25), the Thai-founded artificial intelligence (AI)-powered virtual engineer for manufacturers, has raised $1.1 million in pre-seed funding from A2D Ventures, Y Combinator, Exitfund, REMUS Capital, SBXi Fund, and Team Ignite Ventures. LineWise said in a statement that the funding will accelerate its aim to eliminate two of the most expensive problems in manufacturing: unplanned...0 Kommentare 0 Geteilt 1KB Ansichten 0 Bewertungen
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