Evolving Chinese automotive sector represented by strong Electronics & Systems display at Automechanika Shanghai 2017
 
Nov 18, 2017
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SHANGHAI --( ASIA TODAY )-- The key word surrounding China’s Electronics & Systems sector ahead of this year’s edition of Automechanika Shanghai is opportunity. Given the rising interest in new energy vehicles, connected mobility, autonomous driving and related technologies, many international automotive markets are turning to China and its surrounding Asian regions to explore the myriad of opportunities presented in these thriving sectors. Now more than ever, the ‘digitalisation trend’ has an extremely strong foothold in the global auto sector, and this is considered the future of the industry in Asia too. With less than a month to go until Automechanika opens its doors to over 130,000 visitors and 6,051 exhibitors at the National Exhibition and Convention Center in Shanghai, the industry is preparing to explore a gathering of ‘tomorrow’ solutions in what is anticipated to be the most advanced edition yet.

Many of the opportunities in this sector will be most prevalent at the show’s E-mobility and Infrastructure Zone and across the Electronics & Systems sector which, thanks to growing interest from visitors and exhibitors alike, will have a significantly bigger participation this year. These areas will gather over 1,200 exhibitors from around the world to discuss the most recent advancements ranging from new energy cars, electric motors, connected cars, car safety, engine electronics, electrical systems, to comfort electronics, and much more. Additionally throughout the entire fair, visitors will be able to explore the crossover of these technologies into various other automotive sectors, including Parts & Components, Repair & Maintenance, and Accessories & Customising.

On top of these dedicated areas, some of the world’s biggest players are also expected to introduce their own developments in electronics and systems to the Chinese market at the show. One such exhibitor is ZF Aftermarket, one of the world’s biggest players in the aftermarket sector.

The company recently implemented a ‘Vision Zero’ strategy, whereby the company’s goal is to achieve zero emissions and zero accidents for all of their vehicles. ZF also has an automotive connectivity solution called Openmatics, which can provide asset telematics, tracking, diagnostics and engineering to improve transparency and fuel efficiency. Mr Ganesh Rajagopalan, Head of ZF Aftermarket’s IAM in China and Hong Kong, says this solution will be demonstrated to visitors at Automechanika Shanghai, and also believes there is untapped potential for the aftermarket sector in particular to explore in Asia.

“In terms of the Chinese and Asian markets, we consider this region to not only be a challenge, but also an opportunity that we cannot let slip. Our work on Vision Zero and Openmatics are examples of how the market here can work towards more advanced products, whilst at the same time ensuring the safety of the people and the planet.”

“Our presence at Automechanika Shanghai will be significantly bigger than what it was last year, which makes sense considering how much vehicle usage and the average vehicle age are both growing. We definitely consider China and Asia as a hotbed for growth in connected mobility,” Mr Rajagopalan added. During the show, the company will also be presenting products from its various aftermarket brands such as Sachs, Lemförder, TRW and Openmatics.

ZF will join the likes of Adayo, Asia-Pacific Electrical Group, CRRC, HSAE, Jing-Jin Electric, Mobiletron, TEN-D Energies, Tieliu Clutch, Vie, and many more at the show, each of whom will be looking to tap into the region’s growing interest in advanced electronics and systems. Ms Fiona Chiew, Deputy General Manager of Messe Frankfurt (Shanghai) Co Ltd, says: “Automechanika Shanghai compliments the evolving world of electronics and systems, shown through the impressive exhibitor line-up and visitors’ strong desire to source new energy vehicle advancements. This is something the entire industry can capitalise on at the show, because it can be applied to multiple sectors – repair, maintenance, accessories, customisation, parts, components, and more.”

Multiple fringe events and Connected Mobility Conference compliment the trends in autonomous driving

With the theme of ‘Accelerating the Race to Autonomous Driving’, this year’s Connected Mobility Conference is one of the many highly anticipated fringe programme events during Automechanika Shanghai. Confirmed include the steps to succeed in autonomous driving, the technological challenges, applications, standardisation, and the future of the industry. Confirmed speakers include representatives from numerous industry leaders, including Chery Automotive, Qoros, and Baidu’s Autonomous Driving Unit. Dr Wayne Loh is the Assistant President and Executive Director for the Product Technical Center at Chery Automotive, and will be a keynote speaker at the conference. He says that when discussing the ‘race’ towards autonomous driving, there are two big opportunities for manufacturers working in the Chinese market.

“Firstly, for almost every company looking to help achieve this goal in China, safety is still the number one priority,” he says. “For example, intelligent assistant systems are a very helpful addition and a step towards being fully autonomous, but the technology has not yet reached the point where it is fully reliable.”

“In terms of Chery’s own developments, we’ve upped our efforts to incorporate more advanced voice recognition systems so the driver can multi-task without being distracted, and without having to take their eyes off the road. The majority of accidents happen in that millisecond when drivers are trying to find the right direction or look at something on their dashboard.”

Dr Loh says that opportunity number two comes when you look at cars becoming fully autonomous without any human interaction whatsoever: “There are many efforts being made to improve the traffic systems in China, in the hope that cars will one day completely drive themselves. In theory, this could help reduce the number of accidents if the infrastructure is there.”

“We consider this an opportunity because from a car manufacturer’s perspective, it’s important to always keep improving on technologies and staying ahead of the trend. In fact, we recently collaborated with the Autonomous Driving Unit at Baidu, which saw the creation of 20 electric vehicle prototypes capable of being completely autonomous,” Dr Loh added.

Meanwhile, a total of 57 fringe events have been scheduled during the course of Automechanika Shanghai, covering multiple industry sectors. This includes the AIAG Auto Parts Purchasing Leadership and Suppliers Summit, co-organised with the Automotive Industry Action Group (AAIG). Here, many purchasing executives from the world’s leading automotive firms will gather to discuss their sourcing strategy, needs, and supply chain developments to auto suppliers in Asia and China. Speakers include Mr Robyn Garfield, Commercial Officer, US Consulate General Shanghai, Mr Joe Smyth, Purchasing Vice President of Ford Asia Pacific, Mr Sean Lian, Director of Global Purchasing Supply Chain, GM China, Mr Kegel Stefan, Purchasing Vice President, Bosch Asia Pacific, and many more.

The fringe programme this year also includes the China Auto Technology Achievement Transformation & Investment Forum, jointly organised by Automechanika Shanghai and the China Electronics Chamber of Commerce (CECC). This forum will focus on the automotive industry‘s hottest topics across electric vehicles, automation, intelligent systems and connected mobility. It will also look into solutions for commercialising academic collaborations, and will discuss how electronic product development can contribute to the connectivity sector’s success.

Also scheduled is The 3rd Summit: Merger and Acquisition Strategies for Chinese Automotive Corporations in the Overseas Markets, which will focus on communication strategies between domestic and foreign governments, industry organisations and associated cooperations. It will also explore the numerous challenges and opportunities for foreign investment, partnerships and developments under the ‘One Belt One Road’ Initiative.

Elsewhere is the AUTOHAUS China 8th International Dealer Summit 2017, which will primarily focus on new policies and technologies in after-sales service and in the second-hand car market. The speakers will cover a range of topics including the revolution of new technology and consumerism, dealer opportunities and challenges under the trends of new energy vehicles, driverless technology and sharing economy aftermarket. As for the topics related to the Repair & Maintenance sector, the China Collision Industry Summit will cover a wide range of subjects for the collision sector, such as insurance and financing, new repair technologies, and training and education, in a bid to promote the sector’s development and cross-industry collaboration.

For more information about the show, please visitwww.automechanika-shanghai.com or contact Messe Frankfurt (HK) Ltd, +852 2802 7728 auto@hongkong.messefrankfurt.com

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Media Contact
Tommy Lee
Tel: +852 2238 9956
Fax: +852 2598 7919
tommy.lee@hongkong.messefrankfurt.com

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TCL Multimedia Authorised as Joint Global Partner in Promotion of Justice League with Warner Brothers
 
Nov 15, 2017
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Launched 4K Ultra High Definition UHD Smart TV P6 Series and P2 Series

(15 November 2017, Hong Kong) TCL Multimedia Technology Holdings Limited ("TCL Multimedia" or "the Group", HKSE stock code: 01070) announced its strategic partnership with Warner Brothers ("Warner Bros."), and has been authorised as the joint global partner in promotion of the studio's blockbuster Justice League and the sole sponsor for the film's premiere in Hong Kong. The Group announced the official launch of its UHD Smart TV P6 series and P2 series products at TCL X Justice League New Product Launch held in Hong Kong today. Leveraging on the widespread influence of Warner Bros. and Justice League in the global entertainment industry, the two parties are joining hands in the extensive promotion of the film with its fans and customers around the globe, further enhancing the awareness of the TCL brand, and demonstrating its strong brand equity.

Mr. Bo Lianming, Chairman of TCL Multimedia, stated, "As one of the leading TV manufacturers in the world, TCL is committed to creating an international, young and vibrant brand image through entertainment and sports marketing. This strategic partnership with Warner Bros. not only strengthens its brand influence in the world, but also enables consumers to have a better understanding of TCL's high-end products and technological strength, offering them a brand-new personalised entertainment experience with a series of penetrating promotional programmes."

At the product launch event, TCL Multimedia announced the launch of its brand new UHD Smart TV P6 series and P2 series products. The P6 series come with four features: 4.88mm ultra-slim framework design, HDR (High Dynamic Range) Display, Omni voice control technology, and built-in Netflix video streaming service, and the P2 series are equipped with 4K ultra high definition display and the HDR Ready function supporting the HDR signals, bringing users exceptional sensory experience.

-End-

About TCL Multimedia
Headquartered in China, TCL Multimedia Technology Holdings Limited (HKSE stock code: 01070) is one of the leading players in the global TV industry, engaged in the research and development, manufacturing and distribution of consumer electronic products. Through a new product-and-user-oriented business model that focuses primarily on a "double +" strategy which includes "intelligence + internet" and "products + services" as the main direction, it strives to build a comprehensive ecosystem for smart TVs that provides users with an exquisite experience with its smart products and services. The Group ranked No.3 in the global LCD TV market with a market share of 7.1% in the first half of 2017 according to the latest IHS Technology figures and ranked No.3 in the PRC LCD TV market with a market share of 13.6% in the first three quarters of 2017 according to CMM's report. The Group is included in the eligible shares list of the Shenzhen-Hong Kong Stock Connect. For more information, please visit its website:http://multimedia.tcl.com.

This press release is issued by Cornerstones Communications Ltd. on behalf of TCL Multimedia Technology Holdings Limited. For further information, please contact:

Cornerstones Communications Ltd.
Kylie Yeung / Ivan Kau / Cham Chen / Sara Qian
T: (852) 2903 9293 / 2903 9285 / 2903 9299 / 2903 9282
F: (852) 2887 1712
E: tcl.multimedia@cornerstonescom.com

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Shanghai Smart Home Technology 2017 concluded with record-breaking visitor attendance
 
Nov 14, 2017
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The concepts of ‘innovation’, ‘core technology’, ‘trends’ and ‘connectivity’ help illustrate future industry progression

SHANGHAI --( ASIA TODAY )-- The third edition of Shanghai Smart Home Technology (SSHT) concluded on a bright note. The fair was held concurrently with Shanghai Intelligent Building Technology (SIBT) from 5 – 7 September 2017 at the Shanghai New International Expo Centre in Shanghai. Collectively, the two shows hosted 240 exhibitors from 13 countries and regions which showcased the latest smart home and intelligent building innovations. The fairs also welcomed a record-breaking 27,275 visitors, an 18% increase from last year, from 54 countries and regions.

Regarding this year‘s fair, Ms Lucia Wong, Deputy General Manager of Messe Frankfurt (Shanghai) Co Ltd, commented: “I would like to express my gratitude to our co-organisers, especially China Smart Home Industry Alliance (CSHIA) as well as all of our industry peers for their support. This year, SSHT elaborated on current industry movements through four concepts — ‘innovation’, ‘core technology’, ‘trends’ and ‘connectivity’. The development of Internet of Things (IoT), big data and cloud platform has changed our everyday habits and these ongoing developments are driving the smart home industry to go further. The fair successfully positions itself as a one-stop showcase platform covering a full spectrum of exhibits. In order to foster information exchange and collaboration, we organised a series of seminars and forums. To make smart living a reality we will require new ideas, hardware and above all a close-knit industry. We are confident to make SSHT an influential event to offer a comprehensive display for industry professionals.”

The concepts of ‘innovation’, ‘core technology’, ‘trends’ and ‘connectivity’ help illustrate future industry progression

Innovation – Gathering leading brands to exhibit the latest inventions As smart technlogies evolve, the market is continually searching for cutting-edge solutions. SSHT gathers renowned overseas and domestic brands to present their latest technologies. Featured exhibitors included ABB, ANJUBAO, Apollo, Atte, AVE-Leelen, backaudio, Baiwei, Cinemaster, Crodigy, CSHIA, Dnake, Dorlink, Eastsoft, EnOcean Alliance, Fantem, Haier, HDL, HEKR, Hi-Champ, Honyar, HUTLON, KNX Association, Konke, Moorgen, Ohosure, RAYING, Rici, Sonos, T-touching, Tijio, UIOT, Wensi and Wise.

* From individual smart home products to total solutions

Following the success of individual smart home products entering into homes, the growing demand for total solutions is pushing businesses to develop smart home systems that seamlessly connect multiple devices under one roof.

Mr Johnnie Lin, CEO of Hangzhou Konke Information Technology Co Ltd, exhibiting at SSHT for the second time, commented: “We would like to connect with system developers, engineers and building decoration companies. We met around 30 potential business partners on the morning of the first day. The significant application of smart home technologies can be well illustrated by the rollout of smart features within new-built homes. Undoubtedly, the fair is further facilitating the industry‘s development.”

Shenzhen Smart & Aspiration Co Ltd is a third-time exhibitor. Mr Zhang Zerui, Manufacturing Director, said: “Our company specialises in individual smart home products. By connecting individual products, a complete smart home system can be built. The visitor flow at our booth was exceptional. We generated over 100 sales leads on the second day alone. The fair is an ideal platform for opening up new markets.”

* Thriving development of smart home entertainment and audio-visual (AV)

Home entertainment and AV constitutes an important part of smart home and draws strong interest from the industry. Apart from functionality, visitors also have increasing demands for stylish design and higher levels of user-friendliness. This year, CEDIA organised a training course on home theatre design and a dedicated zone was set up to display the latest technologies from the AV and home entertainment sectors.

Sonos Inc is a smart audio company. Mr Mike Tian, Project Manager, said: “It is the first year for us to exhibit as an individual brand and we displayed our entire product line. Visitors were very interested in our products. On the first day of the fair, we obtained contact information from over 200 visitors. They kept coming to our booth and we received solid business enquiries. Smart AV has overcome the shortcomings of coventional audio equipments. The smart speaker race among Apple, Amazon and Google has revealed the huge potential of the sector.”

Crodigy International Technology Co Ltd showcased its diverse range of AV systems. Mr Chen Liang, Marketing Manager, said: “SSHT is a well-organised and important fair for our branding. Most of the industry peers in China took part in the fair. We met many distributors and partners. The future industry trend will be about developing technologies that make products more stable and user-friendly.”

* Smart door locks and home security are on the rise

Ample demand in the end-users market has contributed to a constant influx of new products into the smart door lock sector. Guangdong HUTLON Technology Co Ltd is one of those smart door lock exhibitors. Mr Liu Guanxian, General Manager, Marketing Centre, said: “We would like to meet distributors and integrators for strategic collaboration. SSHT is well-thought-out and there is a good chance to convert the enquiries into business. Industry peers should continue to focus on developing consumer-oriented technologies.”

First-time exhibitor, Guangdong Digital Technology Co Ltd, specialises in access control. Ms Zhang Shuming, Vice President and General Manager of Smart Integration Business Department, stated: “The visitor flow is impressive, which is favourable for expanding our business. Smart home technologies are already widespread in Germany, the UK and the USA. SSHT enables domestic buyers to see the technologies which they have only heard of before.”

* Smart home control systems

Control systems enable users to enhance the intelligence, safety, convenience, comfort and energy efficiency of their homes. Mr Chen ZhiXiong, Chairman of the Board, Guangzhou Vensi Intelligent Technology Co Ltd, shared: “Although the concept of smart homes is gaining popularity, it still takes time to raise the market’s awareness. SSHT is influential in China with excellent visitor flow. Next year, we would like to have our booth at the same location.”

* Pursue forward-thinking solutions

The ‘New Technology and Product Launch’ presentation with the theme of ‘Smart Home Inspires New Ways of Living’ was held to promote collaboration and provide industry insights for future development. Well-known suppliers that took part in the event include 4G Technology, ABB, ANJUBAO, Baiwei, Crodigy, CSHIA, Haier, Moorgen, Mountains Small, Ohosure, Sonos, UIOT and Umeinfo.

Mr Zhu Huihui, Project Manager of Taizhou Qianxi Smart Technology Ltd was visiting the show for the third time. He commented: “SSHT is one of the most well-organised smart home fairs in China. I am here to find out more about the latest trends. The new features of WeChat and robots in smart home systems were standout exhibits that caught my attention. Visiting the show was very thought-provoking.”

Core technology – Integrating cross-sector expertise to enhance competitiveness Technological convergence across different sectors is the key of success. Forums covering core technologies were organised to serve as an interactive platform to help industry peers keep abreast of new trends.

* Connectivity

HomeGrid Forum is dedicated to promoting G.hn technology, which is a globally recognised gigabit home networking technology. Renowned speaker, Len Dauphinee, Ph. D., Vice President and Chief Technology Officer, Broadband Group, MaxLinear Inc, shared: “Smart homes begin with devices. The next level is to connect all the devices together at a low cost. It was really encouraging to see a full house during the forum and it was well arranged and interactive. Attendees actively engaged in the discussion and asked some good questions after the presentation.”

* Internet of Things (IoT) technology

The speaker of the forum “ARM Mbed: Internet of Possible”, Mr David Pan, Director of Marketing, Asia, ARM China, said: “It is important to arouse the audience’s interest by exploring the latest successful cases. IoT is no longer a fleeting idea, but a real business application. I believe the forum helped attendees better understand the convergence of smart home and IoT, and also its impacts on smart technologies.”

Trends – Keeping up with market intelligence to capture opportunities for growth Keeping track of future trends is important for industry professionals in a constantly changing market. SSHT invited domestic and overseas expert speakers to share new ideas during the seminars. Topics included:

* Information Security

One of the co-organisers of SSHT, CSHIA, organised “China Smart Home Industry Alliance (CSHIA) Eastern China Summit - The Information Security of Smart Home”. Mr Steven Zhou, Secretary General of CSHIA, stated: “Smart home security is now a reality with concrete technological applications. The forum focused on information security issues which can be of concern to many consumers. A wide range of solutions were displayed and industry viewpoints shared to help further enhance smart home security.”

* NarrowBand-IoT (NB-IoT)

Mr Ge Hantao, Deputy Director of Strategic Planning and Research Department, China Academy of Information and Communications Technology (CAICT), Chief Researcher of IoT Industry, CCTL, was the speaker of “NB-IoT and Smart Home”. He said: “The rise of smart homes can improve people’s lives by reducing the application cost of technologies. The forum was well-arranged with an impressive number of attendees. It is a great platform for exchanging market intelligence.”

* Robot

The speaker of “Tencent Qrobot (Second Generation) Intelligent Robot Strategic Launch and Industry Application Summit”, Mr Jin Fang, Director of Smart Device Product, Social Platform Department, Tencent, said: “Artificial intelligence (AI) has been widely used among different sectors. Features such as voice and facial recognition require big data collected by robots. The quality of the audience was incredible which made the forum a great occasion to mingle with experts.”

Connectivity – Enhancing the communication between different smart system providers A diverse array of forums were organised to enhance the communication and integration among smart system providers. Participating organisations included EnOcean Alliance, KNX Association, LonMark International, Wi-Fi Alliance and Zigbee Alliance.

Wi-Fi Alliance elaborated on the application of smart living by presenting the topic “Wireless to Smart by Wi-Fi Alliance”. Mr Jerry Huang, Director, Greater China Region, Wi-Fi Alliance, said: “I would like to provoke new thinking by illustrating case studies related to chips, modules, solutions, strategy and end-users’ market. The forum was in line with the market’s expectation and the audience was highly engaged in the discussion.”

Zigbee Alliance introduced its technologies and illustrated the application through the topic of “Smart Inside, Beauty Outside”. Ms Laura Shang, China Regional Representative, Zigbee Alliance, said: “Most of the attendees were from the smart home sector which meets our expectation. The guest speakers we invited covered a full spectrum of the industry including chips and modules. It was an efficient platform for industry professionals to discuss the latest trends.”

KNX Association organised “KNX Technical Seminar” to explore future developments within smart homes and cities through case studies. Ms Shen Pu, Executive Secretary, KNX China, shared: “In addition to helping the audience better understand our brand, we also provided new angles for audience to examine the industry. Smart hospitals have aroused concerns towards medical issues related to aging populations. The forum was well-attended and audiences’ feedback was positive.”

SSHT is organised by Guangzhou Guangya Messe Frankfurt Co Ltd, the China Council for the Promotion of International Trade – Shanghai Pudong Sub-Council, Shanghai Hongshan Exhibition Service Co Ltd and the China Smart Home Industry Alliance (CSHIA). The next edition of the fair will be held from 3 – 5 September 2018 at Shanghai New International Expo Centre in China.

SIBT will once again be held concurrently with SSHT to showcase intelligent building technologies and solutions for building energy saving, the smart community and smart hotels. The fair is committed to presenting the concept of Building Internet of Things and driving the industry forward. This will eventually mean the concept of intelligent building evolving from an individual building to a cluster of buildings and moving further towards intelligent technologies and digitisation. Many hope that the idea of cognitive buildings will eventually be realised.

SSHT and SIBT are both headed by the biennial Light + Building event which will take place from 18 – 23 March 2018 in Frankfurt, Germany. Messe Frankfurt also organises a series of light and building technology exhibitions in China including the Shanghai International Lighting Fair, Parking China, Guangzhou International Lighting Exhibition and Guangzhou Electrical Building Technology. The company's light and building technology fairs also extend to markets in Argentina, India, Russia, the UAE and other countries and regions.

– end –

Media Contact
Sheva Ng
Messe Frankfurt (HK) Ltd
Tel: +852 2230 9280
sheva.ng@hongkong.messefrankfurt.com

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Robotics and Automation: Reshaping Economy on Thailand 4.0 journey
 
PR Newswire Asia
Nov 10, 2017
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BANGKOK, Nov. 10, 2017 /PRNewswire/ -- Value creation is the key focus in transforming Thailand under the Thailand 4.0 model. In the manufacturing sector, robotics and automation technology plays a key role in creating value -- and that's why it has become a key player in the country's future.

Over the last three decades, Thailand has become a leader in the global automotive and electronics and electrical appliance industries, the two industries that mainly drive global robotics and automation growth. As the world's second-largest global producer and exporter of hard-disk drives and the world's sixth-largest commercial vehicle producer, Thailand has been using robotics and automation technology. With continuous adoption of such technology, it is now time for Thailand to go for more advanced technology to support the transformation of its economy under the Thailand 4.0 model.

Changing landscape drives higher demand

Ms. Duangjai Asawachintachit, Secretary General of Thailand Board of Investment (BOI), said, "Advanced technologies are changing the business landscape, especially in the manufacturing sector".

"We now see many companies transitioning into industry 4.0, making use of artificial intelligence, big data management and the Internet of Things to seamlessly work together to exponentially increase both production and productivity," said Ms. Duangjai.

Over the past few years, manufacturers in Thailand have invested heavily in machinery and systems to increase the utilization of automation system and remain competitive in the global manufacturing arena. In addition, 50 per cent of Thai manufacturers are considering the adoption of automation systems within 1-3 years while medium-sized businesses will be ready in 3-5 years, followed by small companies in five years or more. This development has opened greater opportunities in Thailand's robotics and automation industry.

The industrial robotics industry in Thailand has expanded dramatically over the past decade due to a strong customer base. The size of Thailand's shipments of industrial robots is estimated to increase by 133% from 2,131 units in 2013 to 7,500 units in 2018.

Supporting ecosystem readiness

While demand is constantly increasing, Thailand's infrastructure and ecosystem are ready to support the robotics and automation industry.

The Thai government earlier announced robotics and automation among its targeted future industries. To support this policy, educational institutions have provided support for research and development and human resource training. For example, the Institute of Field Robotics (FIBO) of King Mongkut's University of Technology, Thonburi, is offering undergraduate and graduate programmes in robotics and automation engineering. In 2015 alone, 76 universities and 83 vocational schools produced 82,259 graduates in engineering and related courses.

The BOI offers a wide range of tax and non-tax investment incentives for projects that meet national development objectives. The BOI offers up to eight years of corporate income tax exemption on machinery and import duty for raw material for export production. For projects related to assembling robots or automation equipment and/or automation parts, investors will enjoy five-year corporate tax exemption.

Those investing in robotics and automation in Eastern Economic Corridor (EEC) area will also be given another 50 per cent corporate income tax reduction for another five years.

Meanwhile, other non-tax incentives include permission to bring in expatriates, own land and take or remit foreign currency abroad.

More opportunities explored

"Other than the manufacturing industry, social context also matters. Considering that Thailand aims to be the medical hub of Asia and that the country is rapidly becoming an ageing society, service robots that can be integrated with people's lifestyle are increasingly important," said Ms. Duangjai.

The country has seen more and more innovations in medical robotics. They include Fhasai, robot-assisted therapy for children with autism spectrum disorders; Dinsow, an elderly care robot; Sensible Tab, an arm rehabilitation robot; B-Hive, a pharmacy automation system to refill medicines at a rate of 20 seconds per prescription; and Bumbee, a medical dispenser robot.

"We believe in the future of the robotics and automation industry and the benefits it will bring. In the end, we can expect more value being added to the Thai economy," said Ms. Duangjai.

For more information, please contact:

Thailand Board of Investment (BOI),
Tel. +66 (0) 2553 8111 Ext. 6932
visitwww.boi.go.th or email to thailandinvestmentyear@gmail.com

Source: Thailand Board of Investment (BOI)

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Company PR Newswire Asia
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A*STAR IME’s new multi-chip fan-out wafer level packaging development line to drive innovation and growth in semiconductor industry
 
Nov 08, 2017
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State-of-the-art Fan-out Wafer Level Packaging (FOWLP) development line will enable IME’s consortium members spanning across the industry value chain to develop cost-effective advanced packaging solutions, and spur high-volume manufacturing of next-generation Internet of Things (IoT) technologies

Singapore --( ASIA TODAY )-- A*STAR’s Institute of Microelectronics (IME) has established a development line to accelerate the development of fan-out wafer level packaging (FOWLP) capabilities for next-generation Internet of Things (IoT) technologies. The FOWLP development line, which is built upon existing infrastructure at IME’s facilities at Singapore Science Park II, and its new facilities at Fusionopolis Two, will allow IME and its partners (see Annex A for list of partners) to develop technologies that serve a wide range of markets such as that of consumer electronics, healthcare and automotive.

The IoT is set to become the next growth driver for the semiconductor industry, as demand for internet-connected devices continues to soar. FOWLP is an emerging breakthrough chip packaging technology platform aimed at meeting the technology requirements of next-generation electronic devices that require ultra-low power consumption rates, smaller package profiles, higher performance; and all made at a lower cost.

IME’s FOWLP development line is equipped with fully automated tools that can perform the “mold-first” and “Re-Distribution Layer (RDL)-first” method in multi-chip fabrication. The “RDL-first” method is expected to achieve a higher reliability rate compared to the conventional “mold-first” method traditionally used by the semiconductor industry. IME and its partners will jointly develop tools and processes for next-generation FOWLP technologies such as high speed Copper (Cu) pillar plating, Physical Vapor Deposition (PVD) process to control the wafer warpage, moldable underfilling for Chip-to-Wafer, as well as over molding on wafer with vertical Cu pillar/Cu wire interconnections using wafer level compression molding, plasma descum of small vias and warpage adjustment, etc.

To unlock the potential of FOWLP and accelerate the development and adoption of these innovative process technologies by the industry, IME has also formed a consortium comprising leading OSATs, Materials, Equipment, EDA, Fabless partners (see Annex A for list of consortium members).

The FOWLP development line consortium will allow members across the value chain to co-share resources on an open innovation platform, and draw upon IME’s rich portfolio of advanced packaging capabilities to address the complexities in system scaling and heterogeneous system integration. The FOWLP development line will be a test-bedding platform through which consortium members could gain new insights on requirements of FOWLP by testing and developing new processes, paving the way for high-volume manufacturing.

The FOWLP development line utilises tools already in use in major OSATs, and will allow processes, materials and integration flows developed at IME to be smoothly transferred. Through this development line, fabless companies could also make quicker decisions on package structure, integration flows, processes, materials and equipment for their new products; so materials and equipment suppliers could expedite the development of their products and increase their adoption.

“The launch of IME’s FOWLP development line and consortium will enable us to advance pre-competitive R&D that positions the semiconductor industry for growth opportunities in the thriving IoT market. Through an open and collaborative approach, the consortium will drive the development and the transfer of innovative technologies from pilot-scale to commercial production more easily and quickly,” said Dr. Tan Yong Tsong, Executive Director, IME.

"We are extremely proud to be a part of IME’s FOWLP consortium and play an active role in this great initiative. This broad industry cooperation will help solve one of the largest challenges faced by the semiconductor industry in the area of achieving higher density in advanced packaging. ERS is committed to developing new thermo-management solutions to enable next generation of FOWLP technologies,” said Mr. Klemens Reitinger, Chief Executive Officer, ERS Electronic GmbH.

“We are pleased to be collaborating with IME in this FOWLP development line consortium (DLC). We have benefitted from the experience in the previous consortium on High Density FOWLP, and are confident that with our combined experience and knowledge, the consortium will accelerate the development of FOWLP and establish an innovative cost-effective manufacturing process to further the mass adoption of FOWLP,” said Mr. Tong Liang Cheam, Vice President of Corporate Strategy, Kulicke & Soffa.

“It’s exciting to participate in this new FOWLP development line at IME to advance chip packaging. Nordson has a successful history of working on innovations in the semiconductor packaging industry, and this consortium is positioned well to produce excellent solutions,” said Mr. Joseph Stockunas, Vice President, Advanced Technology – Electronics Systems, Nordson Corporation.

“It is through collaborative efforts, such as that of the FOWLP development line and consortium that the semiconductor ecosystem can advance. Our engagement with the consortium will not only benefit our customers, but the industry as a whole in driving the adoption of this technology for emerging High Bandwidth Memory (HBM) and diverse IoT applications," said Mr. Asim Salim, Vice President of Manufacturing Operations, Open-Silicon. “Through Open-Silicon’s extensive experience in 2.5D ASIC design, and the expertise of the consortium, issues like cost will be mitigated, thus enabling OEMs of all sizes to adopt FOWLP technology."

“We are delighted to be a part of IME’s FOWLP development line consortium and continue to play an active role in this open innovation initiative. Industry-wide cooperation is key in overcoming the many challenges faced today by the electronics packaging industry. Orbotech is committed to developing new cost-efficient solutions to enable the next generation of advanced packaging technologies, which in turn will impact the industry’s next inflection point,” said Dr. Abraham Gross, Chief Technology Officer and Head of Innovation, Orbotech.

“As demand for high speed, high bandwidth data connectivity in consumer electronics continues to grow, the performance and cost challenges limiting the implementation of high frequency millimeter wave applications have the potential to be addressed with FOWLP solutions. We look forward to working with the FOWLP development line consortium to realise the benefits of FOWLP technology for mmWave antennae devices in emerging markets such as automotive and the Internet of Things (IoT),” said Mr. Shim Il Kwon, Chief Technology Officer, STATS ChipPAC.

Contacts

Lynn Hong 64196597
hongxl@scei.a-star.edu.sg

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ITB Asia 2017 wraps up 10th anniversary with record highs
 
Nov 02, 2017
Category:

SINGAPORE, Nov. 1, 2017 --( ASIA TODAY )-- Asia's leading travel trade show, ITB Asia 2017, organised by Messe Berlin (Singapore) Pte Ltd, has completed its milestone anniversary event with record-breaking numbers. The tenth edition of ITB Asia came to a close today at the Sands Expo and Convention Centre, Marina Bay Sands in Singapore.

Over three days, the event hosted about 940 exhibitors from 113 countries, an 11% increase over the previous year. ITB Asia 2017 also welcomed its strongest ever buyer participation across the Corporate, MICE and Leisure sectors. Since 2014, ITB Asia has experienced a 1:1 ratio for exhibitors and buyers. This year, there were over 22,000 business appointments recorded during the show.

Unveiling its largest exhibitors showcase yet, ITB Asia 2017 reported a spectacular 77% growth from its inaugural edition, featuring new exhibitors such as the Rwanda Development Board, Tourism Tunisia, Promote Iceland, Tourism & Foreign Affairs Department of Almaty City, Republic of Kazakhstan, Jeju Convention and Vistor Bureau, amongst others. Exhibitors also invested more in the quality of their booths, with Greece, Japan, Russia and Korea putting up impressive and engaging experiences.

This year's conference programme looked at the role of technology, setting the tone for the changes that the industry is likely to see in the next ten years. Speakers from big names IBM Asia Pacific and Google delivered insights on the potential of Artificial Intelligence, Ctrip presented its global strategy, while fast-growing start-ups Hiverlab, Zebra Design and Savioke shared on the exciting realities and opportunities for augmented reality and virtual reality in hospitality and tourism.

"In view of ten years of ITB Asia, we've taken every effort to celebrate the past as well as to provide attendees with a useful view to the future. While we are very pleased with our achievements in terms of the quality and numbers, what brings us most satisfaction is bringing together all the different stakeholders across the industry to network and inspire each other. The relationships built and strengthened will continue to boost our efforts in making ITB Asia the region's go-to event and a hub for unforgettable content and enriching experiences for many years to come," said Katrina Leung, Executive Director of Messe Berlin (Singapore), the organiser of ITB Asia.

ITB Asia will continue to be held in Singapore, following the past ten years of consistent support from the Singapore Tourism Board and the Singapore Exhibition Convention Bureau. Following this year's successful show, ITB Asia has received the highest exhibitor rebookings for ITB Asia 2018. As early as now, the surge in interest for next year's show has been seen from destinations such as Greece, Middle East, Africa, Spain and the Scandinavian region as well as continued strong support from Asian markets such as Thailand and the Philippines. Melia Hotels International and Global DMC Network by the JTB Group have also confirmed their stand bookings for the 2018 show.

ITB Asia 2018 will be held from 17-19 October 2018 at Sands Expo & Convention Centre, Marina Bay Sands. Interested exhibitors may email exhibitor@itb-asia.com.

For more information on ITB Asia 2017, please visitwww.itb-asia.com

About ITB Asia

ITB Asia is organised by Messe Berlin (Singapore) Pte Ltd and supported by the Singapore Exhibition & Convention Bureau. The event will feature hundreds of exhibiting companies from the Asia-Pacific region, Europe, the Americas, Africa and the Middle East, covering not only the leisure market, but also corporate and MICE travel. Exhibitors from every sector of the industry, including destinations, airlines and airports, hotels and resorts, theme parks and attractions, inbound tour operators, inbound DMCs, cruise lines, spas, venues, other meeting facilities and travel technology companies are all expected to attend.

Press contacts

Messe Berlin
Julia Wegener
Press and Public Relations Manager
Corporate Communication

ITB Berlin
PR Manager
Julia Wegener
Messedamm 22
D-14055 Berlin
(+49)-30-3038-2269
j.wegener@messe-berlin.de

ITB Asia PR Contact for the Asian Region
Amanda Lee / Sabrina Ghazali
Klareco Communications
(+65)-6333-3449
alee@klarecocomms.com / sghazali@klarecocomms.com

Source: Messe Berlin Singapore Pte Ltd

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An Asian Tiger Catching Up In The Internet Sector
 
Oct 26, 2017
Category:

Taiwan has had a head start in its economic transformation and building a strong hardware sector over the mainland, gaining the moniker “Asian Tiger” in the process. So it is surprising that it hasn’t caught onto the internet sector boom as some of its neighbors in Asia have. It’s got all the right ingredients: a strong technical foundation, a highly educated workforce and a penchant for creativity as seen in some of the top entrepreneurs the island has helped nurture, Dr. Kai Fu Lee and Steven Chen of Youtube. So what’s missing and how can the Asian Tiger catch up?

Crouching Tiger, Hidden Dragon

Along with the three other “Asian Tigers”—Hong Kong, Singapore, and South Korea—Taiwan saw accelerated economic growth from the late 60s until the early 2000s. Its investment in manufacturing helped to create a world-leading semiconductor and hardware industry. TSMC, which is the world’s largest dedicated semiconductor foundry, Foxconn, Acer, Asus, and HTC are some successful enterprises to have been born out of the boom.

With this strong technical foundation, a highly educated workforce and successful entrepreneurs such as Dr. Kai Fu Lee and Youtube’s Steven Chen, it is surprising to see that Taiwan’s startup ecosystem still lags behind its neighbors in the region.

“I’m not saying unicorns are the most important thing, but looking at some of the other countries, [despite] Singapore being tiny in terms of population and geography, they managed to produce three unicorns [Garena, Lazada, and GrabTaxi],” Taiwan Startup Stadium VP of Operations and Startup Development Jeffrey Ling told TechNode. Taiwan Startup Stadium or TSS is a government-funded initiative that coaches Taiwanese startups on going global.

“Taiwan has one [unicorn]. It’s called Tutor ABCwhich was 13 years in the making,” Jeffrey told TechNode. Launched in 2004, Tutor ABC is an online English learning service from TutorGroup.

Early Success Stories

Tutor ABC was part of the wave of early internet successes in Taiwan to come after the dot com bubble crash, though mostly in the e-commerce vertical.

Serial entrepreneur Steven Ho founded e-commerce platforms Bid.com.tw, which was sold to eBay in 2002 and Monday Tech, which was acquired by Yahoo in 2008. Ho, a serial entrepreneur and investor, also founded 91app, a service that helps vendors to set up online e-commerce stores, and NineYi Capital to invest in other e-commerce startups.

The Kuo brothers are another pair of entrepreneurs who have made it big in e-commerce. Their first company was bought by Groupon in 2010 and became the now defunct Groupon Taiwan. The brothers have since gone on to found nine more e-commerce platforms. Four of which are doing particularly well, including Fresh Market (formerly Haoyu Net).

However, insufficient seed funding and venture capital in Taiwan mean that startups rarely moved beyond series A and this hindered many from scaling up and maturing.

Show Me the Money

In the 2016 Taiwan Startup Ecosystem survey compiled by BusinessNext, fund raising was cited as the most significant challenge faced by nearly half of all entrepreneurs surveyed while only 13.8% had received venture capital funding.

“After the dot com bubble crash in 2000, [it was] low key in Taiwan from the VC investment perspective. There were very few VCs focused on investing in internet-related startups,” AppWorks Ventures Associate Jessica Liu told TechNode. AppWorks VC funds and its accelerator program was one of the earliest established in Taiwan and has now grown into the largest accelerator network in Asia with more than 320 startups and 720 founders amongst its current members and alumni.

Looking to help Taiwanese startups to gain funding and grow, Jamie Lin, a National Taiwan University and NYU Stern-educated entrepreneur returned to Taiwan to start AppWorks in 2009.

According to Taiwan Venture Capital Association (in Chinese), 2002 to 2005 saw a peak in investments in startups and new businesses. Following the global financial crisis in 2008, investments only started to grow again from 2011. In 2015, investments received by new businesses and startups were around $421 million as reported by the National Development Council. A small amount, but still a big jump from 2014’s $130 million.

Adding to the growing pool of investment is government funding, the Taiwan Silicon Valley Tech Fund looks to fundraise and invest $300 million into local startups between 2015 and 2017, of which $180 million is expected to have been raised from the private sector. The more recently announced Asia Silicon Valley Development Plan aims to promote innovation specifically in the IoT sector and stimulate the local startup ecosystem.

What’s Next

Apart from the relatively small amount of venture capital available to entrepreneurs in Taiwan, other factors that have slowed the growth of the internet industry are the small-market mentality of entrepreneurs, the difficulty of attracting talent, and strict government regulations.

“The biggest problem we see among entrepreneurs here in Taiwan is the lack of this global mindset,” Jeffrey Ling from TSS told TechNode.

“A lot of startups, they don’t draw the bigger picture so investors won’t be able to know if you can go bigger or not.” He went on to explain that TSS helps startups to understand investor’s perspective and what they are looking for. “If you don’t even dare to want it bad enough, I’m not sure if I want to put my money in you, ” Jeffrey explained.

(This originally appeared on TechNode, the #1 English source for news and information on China’s rapidly changing tech industry.)

By Linda Lew

 
 
Taiwan Pavilion at AAPEX 2017
 
Oct 21, 2017
Category:

Taipei -- (ASIA TODAY) -- TAITRA (Taiwan External Trade Development Council will be leading 53 Taiwanese manufacturers to attend AAPEX 2017. The show will be held at the Sands Expo Center in Las Vegas from Oct. 31 to Nov. 2, 2017.

AAPEX, also known as the Automotive Aftermarket Products Expo, is the largest automotive aftermarket products exhibition in North America. This year, the show is expected to be joined by 2,200 exhibiting companies and 158,000 automotive aftermarket professionals from more than 140 countries.

The group of 53 Taiwanese companies led by TAITRA will be exhibiting at the Taiwan Pavilion, located at Lobby Level 1 of the Sands Hall. On display will be their latest breakthroughs and innovations in the field of automotive products and technology.

The automotive industry of Taiwan is one of the best in the world, and Taiwanese manufacturers have long been globally recognized for their high product quality and extraordinary service flexibility.

The Taiwan Pavilion at AAPEX 2017 will enable the visitors to see the excellent offers from the top manufacturers of the country. Get a sneak preview of the exhibitors and their products at:https://goo.gl/N9nYjV

Visitors can also make advance appointment bookings with the exhibitors from the website.

The national B2B trade portal of Taiwan, Taiwantrade.com, will also be exhibiting at booth number 7920 of the Sands Expo & Convention Center, where the visitors will be introduced to the many useful sourcing services provided by the online portal.

The Taiwantrade.com booth will also introduce the visitors to the webpage auto.taiwantrade.com with the company profiles of 3,784 Taiwanese suppliers and 43,095 product catalogs.

You are cordially invited to visit the Taiwan Pavilion at AAPEX 2017, located at Lobby Level 1 of the Sands Hall across booth numbers 8003~8107, 7819~7821, 7919~7920, 8019~8026, 8119~8126, 8028~8032 and 8128~8033 of the Sands Expo Center in Las Vegas from Oct. 31 to Nov. 2, 2017.

Steven Yu (stevenyu@taitra.org.tw)

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Largest-ever Mobile Electronics show opens today with more than 2,800 booths
 
PR Newswire Asia
Oct 18, 2017
Category:

-Including Asia's largest AR/VR event plus Startup Launchpad

HONG KONG, Oct. 18, 2017 /PRNewswire/ -- Global Sources opens its largest-ever Mobile Electronics show today at Hong Kong's AsiaWorld-Expo with more than 2,800 booths. Buyers will be able to see latest smartphones, tablets, AR/VR, wearables and mobile accessories from Verified Suppliers from Greater China and across Asia. The show will run through Oct. 21.

Tommy Wong, President of Global Sources Electronics Group, said: "Global Sources Mobile Electronics show has grown steadily and plays an influential role in the industry. We strive to support the development of new technologies and innovations as well as to bring the best sourcing experience for buyers who are in search of game-changing products and ideas."

Largest AR/VR event, Summit and experience zone

The show hosts Asia's largest AR/VR event. The third VR/AR/MR Ecosystem Summit will be held today and Oct. 19. Speakers from Microsoft, HTC VIVE, AMD, EmdoorVR, 0glass, Qualcomm and iQIYI.com will share the latest developments and insights into the future. The Summit and exhibits are complemented by an Experience Zone powered by HTC VIVE where attendees can see their latest VR hardware and content, and try out new applications on sports and entertainment.

Product launch area to highlight new products and technologies

The show will feature a Launch Zone showcasing cutting-edge products. It is complemented by a Product Gallery and an Experience Zone where attendees can get hands-on experience with new technologies.

Other highlights of the show include Asia's biggest selections of speakers and headphones, mobile accessories, wearables, and cases and covers. Microsoft will exhibit its latest technology, while supporting many other exhibitors whose products are powered by Microsoft technology.

Asia's largest consumer electronics startup event

Startup Launchpad spans both phases of the Global Sources Electronics show with 240 booths featuring new products in categories including smart home, sports tech, drones, STEAM products and other IoT devices. Buyers will be among the first to see some of the world's most revolutionary electronics ideas. Startup Launchpad also includes conference programs covering digital marketing and crowdfunding, global sales and distribution, and exit strategy. More information is available athttp://www.launchpadhk.com.

Services for online and Amazon sellers

A wide range of services will help online and Amazon sellers source more effectively. This includes products from 580 exhibitors that accept small orders, seminars featuring online retail experts, plus the three-day Global Sources Summit for intermediate and advanced online and Amazon sellers sourcing from Asia.

Global Sources Electronics is expected to attract buyers from more than 140 countries and territories including purchasing decision makers from ADI Systems, Brookstone, Carrefour, Darty Asia, Eurogroup, Fossil, Groupe Batteur, Hammacher Schlemmer, Imaginarium, Jasco Products, Krusell International, Lexibook, Merlion, NXP Semiconductors, Panasonic, QD Cellular, Real SB Warenhaus, Sears, Target Australia, The Home Depot, The Source, Verbatim, WHSmith, ZipKord and many more.

The GlobalSources.com app enables buyers to shortlist exhibitors; find booths, take pictures and then follow exhibitors after the show. The At the Show newsletter provides daily reports and live videos on the hottest products.

The show is complemented year-round by the industry's leading websites, accessible from GlobalSources.com. Updated daily, each site delivers exclusive content, including Analyst's Choice products, an unbiased selection of new and innovative items.

Opening hours for the show are:

Oct. 18-20 from 10:00 a.m. to 6:00 p.m.
Oct. 21 from 10:00 a.m. to 5:00 p.m.

Buyers can find more information about the Global Sources trade fairs and pre-register to attend athttp://www.globalsources.com/exhibitions.

More information about Global Sources is also available at the company's corporate site , Facebook and Twitter (/globalsources).

About Global Sources

Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China.

The core business facilitates trade between Asia and the world using English-language media such as online marketplaces (GlobalSources.com), trade shows, magazines, and apps.

More than 1.4 million international buyers, including 95 of the world's top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.

Press Contact
Camellia So
Tel: (852) 2555-5021
e-mail: GSpress@globalsources.com

Source: Global Sources

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Contact
Company PR Newswire Asia
Contact Simmie Kwok
Telephone +852 3971 4972
E-mail simmie.kwok@prnasia.com
Website http://en.prnasia.com
LF Asia's healthcare business to become DCH Auriga Serving the healthcare industry with a dedicated Asian distribution platform
 
Oct 18, 2017
Category:

(Hong Kong, 18 October 2017) Following the acquisition of LF Asia Ltd. ("LF Asia") and its subsidiaries by Dah Chong Hong Holdings Limited ("DCH", stock code: 1828.HK) in July 2016, the LF Asia healthcare and consumer goods distribution operations will be realigned under dedicated management to prepare for growth across the region. As of 1 Nov 2017, LF Asia's healthcare business will change its name to DCH Auriga Ltd.

Under the new name, DCH Auriga will continue to partner with world leading healthcare companies to bring medical products and treatments to Asia by offering end-to-end solutions including regulatory and medical liaison support, sales and marketing, commercial services, warehousing and logistics in Hong Kong, Macau, China, Singapore, Malaysia, Indonesia, Thailand and the Philippines.

The name "Auriga" is adopted from a constellation depicting a charioteer, symbolising the business's commitment to agility and dedication to guiding clients through the complexities of dynamic markets. DCH Auriga pairs deeply rooted relationships and intrinsic local expertise with cutting edge technologies that drive flexibility and transparency in the supply chain. This rich expertise is complimented by a dedication to partnership and the belief that customised solutions create optimised supply chains. Teams of in-market professionals deliver innovative solutions and actionable insights to enable our partners to deliver the best possible care to those in need.

Mr. Tim Collins, CEO of DCH Auriga, commented, "This restructuring will enable DCH Auriga to focus on better serving our strategic partners across the region and meet the unique and complex requirements of Asia's healthcare communities. With the support of DCH and CITIC Pacific Limited, we are positioned for dynamic growth."

About DCH Auriga

DCH Auriga is an an Asia-based integrated market management provider specialising in healthcare. Offering comprehensive commercial and logistics solutions, DCH Auriga partners with the world's leading healthcare companies to distribute pharmaceuticals, medical devices, surgical equipment, diagnostics and OTC products for more than 500 brands into hospitals, pharmacies and specialty stores across Asia. DCH Auriga is a subsidiary of Dah Chong Hong Holdings Limited (stock code: 1828.HK) with operations in Hong Kong, Macau, China, Singapore, Malaysia, Indonesia, Thailand and the Philippines. For more details, please visit www.dchauriga.com.

About DCH

Dah Chong Hong ("DCH", stock code: 1828.HK) is an integrated motor and consumer products distribution company operating in Asia with an extensive logistics network. DCH is a leading distributor and dealer of motor vehicles in Greater China and provides a full range of motor related services including maintenance, rental, repair and financing. DCH's consumer products business includes the trading, distribution and retail of food and FMCG, healthcare and electronic products.

Dedicated to bringing to quality products to consumers across Asia, DCH is the preferred partner of over 1,000 brands from more than 30 countries with operations in 10 Asian economies.

DCH is a subsidiary of China's largest conglomerate CITIC Limited (stock code: 0267.HK), DCH employs over 17,000 staff across the region. For more details, please visitwww.dch.com.hk.

Media Enquiries:

Ms. Gwen Walters
(852) 2768 2017
gwenwalters@dch-holding.com

Ms. Katherine Tung
(852) 2768 2585
katherinetung@cccm.dch.com.hk

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