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Open Banking Market to Grow by USD 57.66 Billion (2024-2028) as Demand for Fast Seamless Payments Rises, AI-Driven Market Evolution Report – Technavio

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NEW YORK, Oct. 31, 2024 /PRNewswire/ — Report on how AI is driving market transformation – The global open banking market size is estimated to grow by USD 57.66 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  27.2%  during the forecast period. Increased demand for fast and seamless payments is driving market growth, with a trend towards integration of AI into open banking services. However, implementation of strict guidelines in handling personal financial data  poses a challenge.Key market players include Airwallex, American Express Co., Australia and New Zealand Banking Group Ltd, Banco Bilbao Vizcaya Argentaria SA, Bank of Ireland, Caixa Geral de Depósitos SA, Citigroup Inc., Credit Agricole SA, Finastra, HSBC Holdings Plc, ING Groep NV, Jack Henry and Associates Inc, Mambu BV, Nationwide Mutual Insurance Co., NCR Voyix Corp., Qwist GmbH, Revolut Ltd., Royal Bank of Scotland plc, Societe Generale SA, and Wise Payments Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Service (Banking and capital markets, Payments, and Digital currencies), Deployment (On premise and Cloud), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Airwallex, American Express Co., Australia and New Zealand Banking Group Ltd, Banco Bilbao Vizcaya Argentaria SA, Bank of Ireland, Caixa Geral de Depósitos SA, Citigroup Inc., Credit Agricole SA, Finastra, HSBC Holdings Plc, ING Groep NV, Jack Henry and Associates Inc, Mambu BV, Nationwide Mutual Insurance Co., NCR Voyix Corp., Qwist GmbH, Revolut Ltd., Royal Bank of Scotland plc, Societe Generale SA, and Wise Payments Ltd.

Key Market Trends Fueling Growth

The open banking market is undergoing a major shift with the incorporation of artificial intelligence (AI) into its offerings. This trend is fueled by the demand for improved user experiences and sophisticated financial management tools. In June 2024, neobank bunq, Europe’s second-largest with 12.5 million users, partnered with Mastercard. This collaboration utilizes Mastercard’s open banking platform, enabling users to consolidate accounts from multiple banks into the bunq app. By integrating AI, bunq’s advanced money assistant, Finn, enhances these insights with transaction data from various sources. For instance, users can request a comprehensive summary of their travel expenses over the past year, and Finn will gather this information from both bunq and external accounts. In February 2024, Bud Financial (Bud) and Fintech Galaxy formed a strategic alliance to strengthen the open banking ecosystem. This partnership combines Bud’s data intelligence capabilities with Fintech Galaxy’s open Finance FINX Platform, employing AI-driven data enrichment techniques. This integration empowers financial institutions to deliver personalized financial experiences by offering in-depth insights into customer behavior and financial requirements. Both parties share a common goal to maximize the potential of open banking and data intelligence, fostering innovation and customer-focused solutions within the financial sector. The integration of AI in open banking is set to disrupt the industry by providing more customized, efficient, and insightful financial services. As more institutions adopt these technologies, the global open banking market is anticipated to experience heightened competition and innovation throughout the forecast period, ultimately benefiting consumers with more targeted and intelligent financial solutions. 

Open banking is revolutionizing the payment ecosystem by enabling secure access to financial data through APIs. Broadband connectivity and advanced technologies like AI and machine learning power big data analytics, enhancing personalized financial services. This trend is transforming traditional banking by providing real-time data for informed decisions and customer-centric services. E-commerce and venture capital are driving the adoption of open banking solutions. Security is paramount, with open API frameworks and security measures protecting sensitive customer data from online fraud. Open banking platforms offer innovative financial services, including insurance products and automated savings. Banks and financial institutions collaborate with third-party service providers to offer on-premise and cloud-based financial management tools. Open banking APIs facilitate seamless payment initiation and account information solutions, enhancing customer retention. Mobile banking benefits from these advancements, offering convenient and secure transactions. Despite these advantages, data security remains a concern. Open banking solutions must prioritize security measures to ensure trust and compliance with regulatory requirements. Retail and commercial banks are embracing open banking to stay competitive and meet evolving customer expectations. 

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Market Challenges

The global open banking market is confronting a major hurdle in implementing stringent guidelines for managing personal financial data. This challenge is accentuated by recent regulatory advancements geared towards ensuring data security and adherence. In September 2024, the Financial Data Exchange (FDX) petitioned the Consumer Financial Protection Bureau (CFPB) for recognition as an authorized standard-setting organization for financial firms offering open banking services. This recognition would bolster the credibility and influence of FDX’s standards, offering a benchmark for the industry. The CFPB has finalized a rule detailing the qualifications necessary for an organization to secure recognition as a standard-setting body. This rule is part of the broader Personal Financial Data Rights Rule, which aims to safeguard consumer financial data. The new rule stipulates the attributes that standard setters must adhere to for CFPB recognition, including transparency, inclusiveness, and the capacity to create consensus standards that can be widely adopted by the industry. Compliance with these guidelines poses significant challenges for financial institutions. First, meeting the new standards necessitates substantial investment in technology and processes. Financial institutions must modernize their systems to satisfy the rigorous data protection specifications, an undertaking that can be both time-consuming and expensive. Furthermore, the necessity for consensus among various stakeholders can slow down the standard-setting process, potentially delaying the implementation of new guidelines. Despite these challenges, the implementation of strict guidelines for handling personal financial data is crucial for the global open banking market. These guidelines are essential for safeguarding consumer data and fostering trust, but they also necessitate considerable effort and resources from financial institutions to achieve compliance.Open Banking is revolutionizing the financial industry by enabling banks and financial institutions to share customer data with third-party service providers through APIs. This trend is driving the development of personalized financial services, real-time data, and innovative solutions. However, challenges persist. Banks must choose between on-premise and cloud-based Open Banking platforms, ensuring customer-centric services, and maintaining security measures for sensitive customer data. Retail and commercial banks are embracing Open Banking Solutions for improved customer retention and digital transformation. Open Banking APIs facilitate the exchange of financial data, enabling informed financial decisions and the integration of insurance products. With the rise of mobile banking and payment initiation solutions, API management, identity verification, and authentication solutions are essential. Data sharing and data analytics are key to unlocking the full potential of Open Banking. Security measures remain a top priority to protect financial institutions and their customers.

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Segment Overview 

This open banking market report extensively covers market segmentation by

Service 1.1 Banking and capital markets1.2 Payments1.3 Digital currenciesDeployment 2.1 On premise2.2 CloudGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Banking and capital markets-  Open Banking is a financial system that enables customers to securely share their financial data with third-party providers. This system allows for more efficient and convenient financial management. Banks provide access to customers’ account information through Application Programming Interfaces (APIs), enabling seamless data exchange. This innovation benefits consumers by offering personalized financial services and improved financial management tools. Additionally, it fosters competition among financial institutions and fintech companies, driving innovation and better services for customers.

Download complimentary Sample Report to gain insights into AI’s impact on market dynamics, emerging trends, and future opportunities- including forecast (2024-2028) and historic data (2018 – 2022) 

Research Analysis

Open banking is revolutionizing the payment ecosystem by enabling customers to share their financial data with third-party service providers through APIs. This innovative approach is transforming the way we manage our money and access financial services. With broadband connectivity becoming more widespread, open banking is making personalized financial services more accessible than ever before. Artificial intelligence and machine learning are key technologies driving the open banking revolution. They enable real-time data analysis, informed financial decisions, and automated savings. Big data analytics is used to identify trends and patterns in financial data, leading to the development of new insurance products and customer-centric services. Security is a top priority in open banking. Advanced encryption and multi-factor authentication are used to protect sensitive customer data from online fraud. Venture capital is pouring into the open banking market, fueling the development of new and innovative financial services. Banks and financial institutions are embracing open banking solutions to improve customer retention and stay competitive. Open Banking APIs provide access to real-time data, enabling e-commerce transactions and mobile banking services. Overall, open banking is transforming the financial industry, offering a more efficient, personalized, and secure way to manage money.

Market Research Overview

Open banking is a payment ecosystem that leverages Open API Frameworks to enable third-party service providers to access financial data from banks and financial institutions in real-time. This revolutionary approach to financial services is driven by broadband connectivity, artificial intelligence (AI), and machine learning, enabling personalized financial services, informed financial decisions, and customer-centric solutions. Open banking goes beyond traditional banking by offering innovative financial services, including payment initiation, account information, and API management solutions. E-commerce and venture capital industries benefit from open banking by streamlining transactions and enhancing customer experience. However, open banking also presents challenges such as online fraud and data security. Financial institutions must implement security measures to protect sensitive customer data. Open banking platforms offer identity verification and authentication solutions to mitigate risks. Open banking solutions encompass financial management tools, insurance products, and real-time data analytics. Cloud-based and on-premise solutions offer flexibility and scalability. Open Banking APIs provide access to financial data, enabling automated savings, mobile banking, and digital transformation. Open banking’s data-sharing capabilities enable financial institutions to offer more informed financial decisions and innovative services, enhancing customer retention and satisfaction. Security measures are essential to ensure trust and confidence in the open banking ecosystem. Retail and commercial banks, as well as financial institutions, are embracing open banking to stay competitive and meet evolving customer needs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ServiceBanking And Capital MarketsPaymentsDigital CurrenciesDeploymentOn PremiseCloudGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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MDT Introduces TMR1370 Ultra-Low-Power Magnetic Switch IC Enabling More Than Two Years of Standby Operation in CGM Devices

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— Next-Generation TMR Magnetic Switch with Ultra-Low 50nA Maximum Supply Current Expands MDT’s Proven CGM Sensor Portfolio

ZHANGJIAGANG, China, July 18, 2026 /PRNewswire/ — MultiDimension Technology Co., Ltd. (MDT), a leading supplier of magnetic sensors and a pioneer in Tunneling Magnetoresistance (TMR) technology, today introduced the TMR1370 ultra-low-power magnetic switch IC, the newest addition to MDT’s magnetic sensing portfolio for continuous glucose monitoring (CGM) devices. Building on the proven TMR1367, TMR1368, and TMR1369 family, the TMR1370 delivers significantly lower power consumption, enhanced voltage compatibility, and a smaller package to enable next-generation CGM systems with ultra-long standby life.

Optimized for battery-powered CGM devices, the TMR1370 features a maximum supply current of only 50nA, with approximately 30nA typical at a 3V supply. When combined with the magnetic wake-up mechanism widely adopted in CGM devices, the TMR1370 enables more than two years of standby operation, helping extend product shelf life while preserving battery capacity for continuous glucose monitoring after activation.

The TMR1370’s exceptional power efficiency is enabled by MDT’s proprietary TMR technology platform, which combines advanced magnetic sensor design, optimized device architecture, and proprietary wafer process technology to achieve high magnetic sensitivity together with ultra-low power consumption. Complementing MDT’s existing X-axis and Z-axis CGM magnetic switch portfolio, the TMR1370 gives system designers greater flexibility to optimize sensor orientation and mechanical layout for a wide variety of CGM architectures while enabling easy migration from previous-generation devices.

Key Features

Enables more than two years of standby operation in battery-powered CGM devices.50nA maximum supply current, approximately 30nA typical at 3V.Wide 1.8V to 4.0V operating-voltage range.Maximum operating point below 40 Gauss for reliable magnetic wake-up detection.X-axis magnetic sensing optimized for compact CGM designs.Miniature DFN5L package (1.6×1.6×0.5mm) for thinner and lighter wearable medical devices.Complements MDT’s proven X-axis and Z-axis CGM magnetic switch portfolio for flexible system design and simplified migration.

Samples of the TMR1370 are available through DigiKey and MDT’s online store at www.tmr-sensors.com. For volume pricing, delivery information, and technical specifications, contact MDT Global Sales at sales@dowayusa.com.

About MDT
MultiDimension Technology was founded in 2010 in Zhangjiagang, Jiangsu Province, China, with branch offices in Shenzhen, Chengdu, and Ningbo in China, Singapore, Tokyo, Japan, and San Jose, Calif., USA. MDT has developed a unique intellectual property portfolio, and its self-owned state-of-the-art TMR manufacturing facilities that can support volume production of high-performance, low-cost TMR magnetic sensors to satisfy the most demanding application needs. Led by its core management team of elite experts and veterans in magnetic sensor technology and engineering services, MDT is committed to creating added value for its customers and ensuring their success. For more information about MDT please visit http://www.multidimensiontech.com.

Media Contacts
MDT sales department, sales@dowayusa.com, sales@dowaytech.com
Tel: +1-650-275-2318 (US), +86-189-3612-1156 (China)

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SOURCE MultiDimension Technology Co., Ltd.

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Academy Software Foundation Welcomes CIQ, Evercast, and Rochester Institute of Technology as New Members

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New Academy Software Foundation (ASWF) members join ahead of Open Source Days, July 19-20, strengthening collaboration and advancing open source technologies for the motion picture and media industries

Summary

ASWF new members are CIQ as a Premier Member, Evercast as a General Member and Rochester Institute of Technology as an Associate MemberOpen Source Days is July 19–20, 2026 at the J.W. Marriott L.A. Live in Los Angeles, held alongside SIGGRAPH 2026Bill Ballew, CTO of DreamWorks Animation, to keynote Open Source Days and talk about MoonRay’s development from DreamWorks’ Dragons to ASWF

LOS ANGELES, July 17, 2026 /PRNewswire/ — The Academy Software Foundation (ASWF), the leading open source foundation for advancing open source software in motion pictures, visual effects, and animation, today announced three new member organizations ahead of its annual Open Source Days event, taking place July 19–20, 2026 in Los Angeles. CIQ has joined as a Premier Member, Evercast as a General Member and Rochester Institute of Technology (RIT) as an Associate Member.

“We are pleased to welcome CIQ, Evercast and Rochester Institute of Technology to the Academy Software Foundation,” said David Morin, executive director of the Academy Software Foundation. “Each organization brings valuable expertise that will strengthen our community – infrastructure that scales render farms, real-time review tools that keep artists collaborating across studios, and the academic programs training the next generation on OpenColorIO, ACES, and other open source tools before they ever set foot on a production floor.”

As members of the Academy Software Foundation, CIQ, Evercast, and Rochester Institute of Technology will have opportunities to contribute engineering expertise, participate in technical working groups, collaborate on open source projects and help shape the technical direction of the ASWF. Their participation will expand the community, bringing together technology providers, studios, software vendors and academic institutions to advance the open source tools and standards foundational to modern content creation.

Hosted annually by the Academy Software Foundation, Open Source Days is the leading event dedicated to open source software for visual effects, animation, and digital content creation. This year’s event will take place in Los Angeles on July 19-20, 2026, coinciding with the SIGGRAPH 2026 Conference, and features a keynote address by DreamWorks Animation CTO Bill Ballew on “How to Train Your Renderer: MoonRay’s Journey from DreamWorks’ Dragons to the ASWF.” Space is limited; register here to attend.

Supporting Quotes

“Open source has always been the backbone of production pipelines in film and visual effects, and as AI transforms what those pipelines can do, that foundation matters more than ever. CIQ is proud to join the Academy Software Foundation as a Premier Member and to help the creative industry build on infrastructure that is open, resilient, and built for the scale of what comes next.”
– Bjorn Hovland, President, CIQ

“We’re thrilled to join the Academy Software Foundation. At Evercast, we build high-quality, real-time review solutions that enable creative teams to share content and collaborate within the third-party tools they already use. This software-agnostic approach reflects our belief that open codebases, shared standards, and diverse teams are the best way for software to serve content creators worldwide. We look forward to collaborating with this amazing community at such a unique moment in our industry.”
– Jose Aguerre, VP of Engineering, Evercast

“RIT is pleased to join the Academy Software Foundation and participate in advancing creation and adoption of open source tools for the entertainment industry. Through a long partnership with Linux Foundation and establishment of our own free and open-source center of excellence on campus, we have encouraged students, faculty, and alumni to contribute to important open source projects. The motion picture science, film and animation, and games communities from RIT, in particular, have already been active with ACES, OpenColorIO, O3DE, and other ASWF projects and we are excited to provide our support going forward to this important work.”
– David Long, Director and Professor, RIT MAGIC Center | MAGIC Spell Studios, Rochester Institute of Technology

About the Academy Software Foundation
Developed in partnership by the Academy of Motion Picture Arts and Sciences and the Linux Foundation, the Academy Software Foundation provides a world-class home for open source software developers in the motion picture and broader media industries to share resources and collaborate on technologies for image creation, visual effects, animation and sound. The Academy Software Foundation is home to 22 projects including ACES, MaterialX, OpenEXR, OpenColorI, and OpenVDB. For more information about the Academy Software Foundation, visit https://www.aswf.io/.

Media Contact
Emily Olin, The Linux Foundation/Academy Software Foundation
pr@aswf.io

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SOURCE The Linux Foundation

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Joyson Electronics Unveils Embodied AI Core Component Portfolio, Including Dexterous Robotic Hand and Solid-Liquid Hybrid Battery, at WAIC 2026

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SHANGHAI, July 17, 2026 /PRNewswire/ — Joyson Electronics (600699.SH/0699.HK) announced at the 2026 World Artificial Intelligence Conference (WAIC) a suite of robotic component solutions, including a dexterous robotic hand, solid-liquid hybrid battery, third-generation AI head assembly, electronic skin, and an embodied AI brain – alongside its latest achievements in industrial settings training and application. In addition, the company’s robot controller products are already in volume production and being delivered to leading robotics firms.

Dexterous Robotic Hand Integrates Multiple Industry-Exclusive Technologies; AI Head Assembly Ready for Rapid Mass Production

The dexterous robotic hand is often regarded as the “crown jewel” of robotics – owing to its high level of integration across a broad range of frontier disciplines, among them bionics, flexible sensing, MEMS, and advanced materials – and its significant commercial value.

At WAIC, Joyson Electronics introduced its first fully in-house developed “TeleHand” series of dexterous hand solutions. The TeleHand Professional Edition features an industry-exclusive “in-palm integration + hybrid actuation” architecture, directly addressing key challenges such as standalone integrity, tactile sensing, compliant manipulation, and fine motion control.

With 20 degrees of freedom, the TeleHand integrates three actuation modes – direct drive, tendon-driven, and linkage – within the palm. This design not only combines the precision of direct drive with the compliance of tendon-driven mechanisms, but also delivers higher transmission efficiency and lighter weight, enabling easy adaptation to various robotic platforms.

The TeleHand is equipped with Joyson Electronics’ in-house developed actuators and force-tactile sensing technologies, including:

Ultra-compact, high-torque-density miniature frameless actuators, which reduce volume by nearly 50% and weight by approximately 30% compared to conventional models, while delivering 2–3 times higher torque density than industry-standard hollow-cup motors of the same diameter.In-house developed force and tactile sensing technology (electronic skin), featuring industry-exclusive natively decoupled three-dimensional force sensing, achieving resolution beyond human tactile limits, with high sensitivity, proximity detection, ultra-thin form factor, and flexibility – suitable for diverse dexterous hand and embodied intelligence applications.

The TeleHand PHINO platform’s native unified multimodal fusion architecture minimizes information loss and offers strong generalization capabilities, enabling the TeleHand to perform precision industrial operations while seamlessly supporting service-oriented interactive scenarios. In addition to the Professional Edition, Joyson Electronics also launched a cost-effective Basic Edition, which offers industrial-grade reliability and real-world deployment advantages through in-house factory batch deployment.

Meanwhile, Joyson Electronics unveiled its third-generation AI head assembly, which integrates perception, motion, and system-level capabilities to deliver more natural head movements and emotional expression. Designed with a production-ready mechatronic architecture, it enables rapid support from concept design and prototype validation to mass production. Its modular and platform-based design further allows for agile product customization and iteration to meet diverse customer requirements.

Joyson Electronics Debuts Embodied AI Brain; Controllers Already Shipping to Leading Customers

In the robotics “brain” domain (cerebrum and cerebellum), Joyson Electronics’ automotive-grade edge-side physical AI platform – its robot controller products – has already achieved commercial deployment and is now in volume production for leading robotics customers.

Furthermore, Joyson Electronics unveiled its embodied AI brain solution (EAOS + EAPC) – a unified, software-hardware-integrated platform designed for cross-form-factor and cross-scenario adaptability. The solution aims to make robots “easier to use, truly productive, and capable of autonomous evolution.”

The Embodied AI PC (EAPC) adopts an external form-factor design, built on a fused cerebrum-cerebellum controller architecture, with computing power ranging from 40 TOPS to 2070 TFLOPS, meeting diverse requirements from entry-level to flagship embodied AI systems. The product features a modular, integrated design with a compact footprint and superior thermal efficiency, enabling cross-platform and cross-environment adaptability. Leveraging Joyson Electronics’ automotive supply chain and manufacturing capabilities, the solution also offers significant cost competitiveness.

On the software side, the Embodied AI Operating System (EAOS) comprises three core subsystems:

World Model – responsible for “understanding”, encoding multimodal signals into unified state representations and using dynamic predictors to simulate and preview scenarios within the system.Agentic OS – responsible for “action”, formulating high-level strategies, decomposing complex tasks, dynamically orchestrating sub-agents, invoking skill libraries and tools, and translating decisions into precise motions across dexterous hands, robotic arms, and mobile chassis.Memory System – responsible for “evolution,” managing working memory for real-time context, episodic memory for past experiences, and skill memory for accumulated learned capabilities.

The EAOS enables robots to execute long-horizon, complex tasks and achieve autonomous evolution – translating into tangible productivity gains. To date, Joyson Electronics’ embodied AI brain has been deployed in real-world settings, including select industrial scenarios and automated charging.

Solid-Liquid Hybrid Battery: The Optimal Power Solution for Embodied Intelligence

Conventional energy solutions for embodied intelligence face multiple challenges – limited endurance, large footprint, long recharging times, and insufficient power capacity to support instantaneous high-current discharge. Battery safety also remains a critical factor for widespread adoption. The industry requires a fundamental breakthrough that simultaneously balances energy density, power density, and safety.

Solid-liquid hybrid batteries (semi-solid-state batteries) offer the optimal power solution for embodied intelligence and represent the only technological pathway capable of addressing all the above energy challenges at the current stage. At WAIC, Joyson Electronics introduced its “Crystal Energy” multi-form solid-liquid hybrid battery solution, delivering high performance and reliability:

Energy density significantly increased to 380 Wh/kgOverall endurance improved by approximately 60%Cycle life exceeding 2,000 cyclesWide operating temperature range from -20°C to 60°CSupports both wired and wireless charging, reaching 80% capacity in just 30 minutes

Complementing this is the Crystal Energy Ultra-Control BMS, which operates across a wide temperature range of -40°C to 105°C, featuring real-time cell monitoring, automotive-grade safety protection, and full-lifecycle health management – comprehensively enhancing the safety, durability, and energy efficiency of robotic power systems. Additionally, Joyson Electronics unveiled its first gallium nitride (GaN) motor driver, achieving conversion efficiency exceeding 95% while reducing size by 40% – positioning it at the forefront of the industry.

With robotics standing on the cusp of large-scale commercialization, Joyson Electronics is advancing its “self-development + investment” dual-drive strategy, expanding its presence in embodied intelligence, and accelerating breakthroughs in key technologies. Looking ahead, Joyson Electronics will leverage its global R&D, manufacturing capabilities, and industrial settings to drive the reliable, scalable, and cost-effective commercialization of robotic core components, helping accelerate the industry’s transition to mass adoption.

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SOURCE Joyson Electronics

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