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LG HONORED AT VOLKSWAGEN GROUP AWARD 2024

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Recognized in the Partnership Category of Volkswagen’s Annual Awards for Suppliers, LG Reaffirms Its Status as a Leader in Automotive Electronics

SEOUL, South Korea, July 8, 2024 /PRNewswire/ — LG Electronics (LG) has been honored at the Volkswagen Group Award 2024, which took place in Wolfsburg, Germany, on July 2. LG was recognized by the Volkswagen Group, one of the world’s premier automakers, in the ‘Partnership’ category for its outstanding development, manufacture, and supply chain management of mobility technologies and solutions, including in-vehicle infotainment systems and connectivity products. The award highlights LG’s unwavering commitment to excellence and points to its growing reputation in the automotive sector as a trusted partner and innovation provider.

Established in 2002, the Volkswagen Group Award is held annually to honor the Wolfsburg-headquartered company’s top suppliers. This year’s Award recognized a total of 10 suppliers and featured 10 different categories, including Partnership, Sustainability, Digitalization, and Transformation.

LG’s partnership with Volkswagen Group spans several years, during which LG has supplied a range of advanced automotive solutions, such as infotainment systems, automotive displays, digital cockpits, augmented-reality head-up display (AR HUD) technology, and cockpit domain controller (CDC) solutions. In 2015, LG participated in Volkswagen Group’s Fast Automotive Supply Tracks (FAST) program, and in 2017, LG received the Technology and Innovation Award from Volkswagen Group for its outstanding infotainment technology.

“The past, present and future success of the Volkswagen Group is only possible with strong partners,” said Dirk Große-Loheide, Member of the Extended Executive Committee and Member of the Volkswagen Brand Board of Management responsible for procurement. “The anniversary of the Volkswagen Group Award highlights the importance we place on close, partnership-based cooperation with our suppliers and underscores the esteem that goes with this.”

“We are deeply honored by this prestigious accolade and look forward to continuing our strong partnership with Volkswagen Group,” said Eun Seok-hyun, president of LG Vehicle component Solutions Company. “LG is committed to driving innovation in the mobility sector and to working closely with its industry partners to deliver differentiated products and exceptional customer experiences.”

Since entering the mobility solutions market, LG has won multiple awards from automakers for its dependability as a supplier and for the quality of its advanced vehicle components and systems. Last year, LG was named the best supplier in the areas of infotainment and telematics at GM’s 31st Annual Supplier of the Year Award. In 2020, LG was acknowledged by the Mercedes-Benz Group for its first-class performance and partnership, and by the Renault Group for its state-of-the-art vehicle display technologies.

About LG Electronics Vehicle component Solutions Company

The LG Vehicle component Solutions Company is bringing human-centric innovations to the automotive industry. Having secured its position as a trusted and innovative partner, the company continues to provide intelligent and environmentally responsible solutions including in-vehicle infotainment, display, connectivity, ADAS and software solutions for Software Defined Vehicles. Through its firm commitment to “Driving better future mobility,” the company is diversifying its portfolio to further strengthen its capabilities with acquisitions including automotive lighting systems provider, ZKW Group and vehicle cybersecurity company Cybellum, as well as the joint venture, LG Magna e-Powertrain. For more news on LG, visit www.LG.com/global/mobility.

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CCTV+: Explore the Wizard of Oz in Jiangzhong Pharmaceutical Valley

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BEIJING, Oct. 23, 2024 /PRNewswire/ — This is a report from CCTV+:

Want to cool down in the hot summer? Better to explore the Wizard of Oz in Jiangzhong Pharmaceutical Valley. In this wonderful green garden, you can meet muntjacs and birds. The ancient legend of Shennong tasted herbs is also updated in “the most beautiful Chinese factory”. In this summer, Yijun discovered the Jiangzhong Pharmaceutical Valley in Nanchang, Jiangxi. Let’s worship the Statue of Shennong, enjoy the fragrance of TCM materials, and read the myth of “green wisdom” in Jiangxi!                                                                                                                       

Over the past 20 years of operation, Jiangzhong Pharmaceutical Valley has been adhering to the concept of “natural authenticity and green ecology” in building the factory. In the entire process of promoting green ecology, Jiangzhong Pharmaceutical Valley uses renewable energy sources to significantly reduce energy consumption, which can save 2,200 tons of carbon a year just with this alone. Additionally, Jiangzhong Pharmaceutical Valley has reduced energy consumption in the production process through continuous improvement efforts. This has achieved at least 5 million economic benefits of energy saving and consumption reduction in the past five years.

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SOURCE CCTV+

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“PolyU-YUNJI Technology Hotel Digital Intelligence Joint Innovation Lab” Established in Hong Kong

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HONG KONG, Oct. 23, 2024 /PRNewswire/ — From October 11th to 13th, the “IMPACT2024” global hospitality sector event organized by the School of Hotel and Tourism Management (SHTM) of the Hong Kong Polytechnic University (PolyU) was successfully held at the ICON Hotel in Hong Kong. During the period, the signing ceremony of the “PolyU-YUNJI Technology Hotel Digital Intelligence Joint Innovation Lab” was successfully held at the PolyU.

Beijing Yunji Technology Co., Ltd (“Yunji Technology”) is committed to becoming the world’s leading robot service platform. As of now, it has provided AI + robot services for more than 30,000 hotels, hospitals, projects, and buildings globally. The School of Hotel and Tourism Management of The PolyU SHTM is renowned worldwide. In the academic field of hotel and tourism management, it has consecutively ranked first in the “Tourism and Leisure Management” category of the ShanghaiRanking’s Academic Ranking of World Universities (GRAS) for seven years. In this cooperation, the two sides will combine their advantages to establish an AI and embodied intelligence R&D base with global competitiveness in the industry-university-research-application field.

Professor Wong Kwok-yin, Vice President (EDU) of the PolyU, attended the event and said that the cooperation between the Hong Kong Polytechnic University and Yunji Technology Hotel Digital Intelligence Joint Innovation Laboratory will open up new vitality and opportunities for joint research and teaching activities in scientific research projects.

Zhi Tao, Founder and CEO of Yunji Technology, stated, “AI and robotics are now widely applied in hotels, transforming them into ‘smart entities’ that have served over one billion people. This collaboration will not only promote research and application but also accelerate Hong Kong’s development as a ‘technology hub’ alongside its reputation as a ‘financial center.'”

Yunji Technology has established a Hong Kong branch to advance the construction of a local research and development center. Through deepened cooperation in industry, academia, and application, Yunji Technology aims to develop core AI technologies and a strong brand in robotics from China, using Hong Kong as a gateway to lead globally and apply its innovations in international markets.

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SOURCE YUNJI Technology

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GITEX GLOBAL 2024 | Huawei’s Global Optical Summit: Accelerate F5G-A, Amplify Intelligence

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DUBAI, UAE, Oct. 23, 2024 /PRNewswire/ — During GITEX GLOBAL 2024, Huawei Global Optical Summit was successfully held in Dubai, UAE. Themed “Accelerate F5G-A, Amplify Intelligence”, the summit attracted more than 300 industry experts, customers, and partners from many countries around the world. At the summit, focusing on the “3 In 3 Out” trends, Huawei released a series of F5G Advanced (F5G-A) products for the Middle East, Central Asia, and Africa.

“The Middle East and Central Asia are the pace-setters for digital economy growth across the world.” Said Steven Yi, President of Huawei Middle East and Central Asia Region. “Having engaged in the Middle East and Central Asia for more than 20 years, Huawei has continuously contributed to local economic and social development with its digital infrastructure, including optical networks. In the intelligent era, optical networks are facing new development opportunities. With the advantages of ultra-high bandwidth, high reliability, and green development, optical networks will play a greater role in industrial intelligence in home, campus, industry production network, and sensing fields. Huawei will work with customers and partners to promote the application of optical technologies in the industry and accelerate the digital and intelligent transformation of various industries.”

Bob Chen, President of Huawei Optical Business Product Line, pointed out in his keynote speech that the next decade will be an intelligent one in which the optical industry will face new opportunities of “3 In 3 Out”. For intelligent connectivity, homes and campuses are evolving from gigabit to 10G as optical fibers replace copper cables. This trend has been dubbed “Fiber-in Copper-out”. Moreover, on the industry communications networks of industries like electric power and transportation, SDH is evolving to fgOTN at an increasing pace, which is called “fgOTN-in SDH-out”. For intelligent sensing, in scenarios such as oil and gas pipeline inspection and perimeter inspection, manual onsite operations will be replaced by remote operations. This will require converged sensing such as vision and fiber sensing, which is a trend called “Optical-sensing-in Hard-work-out”.

Focusing on the “3 In 3 Out” trends, Huawei is dedicated to developing innovative products and solutions.

In the ” Fiber-in Copper-out ” campus scenario, Huawei has updated its FTTO 2.0 solution by launching OptiXstar P884E, the industry’s first high-density 10G optical terminal, achieving 25G coverage. Four Huawei OptiXstar series Wi-Fi 7 optical terminals and optical gateways are released for hospitals, hotels, and education networks to develop new standard configuration for digital and intelligent Wi-Fi 7 campuses.

“fgOTN-in SDH-out” scenario, Huawei launched OptiXtrans E6600/9600 — the industry’s first optical transmission product portfolio that offers E2E support for the fgOTN standard, building solid and reliable communications networks for industries such as electric power and transportation.

In terms of “Optical-sensing-in Hard-work-out”, Gavin Gu, President of Huawei’s Enterprise Optical Network Domain, delivered a keynote speech. Gu noted that Huawei has launched the buried optical cable inspection solution to implement proactive warning of cable damage events, achieving an alarm accuracy of 95%, which is industry-leading. This ensures the security of important communications cables for ISPs, carriers, and governments. In addition, Huawei launched the lightweight perimeter inspection solution, which extends the perimeter inspection capability of optical fiber sensing to small-scale campus scenarios such as substations, oil and gas stations, and data centers.

Looking ahead, Huawei will continue to innovate and work with all global customers and partners to seize new “3 In 3 Out” opportunities, and to accelerate industrial intelligence, achieving win-win results in the intelligent era.

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