Highlights: Chinese Smart City Ranking Top 10 announced. CATL and Hyundai Mobis signed a CTP technology licensing and cooperation intention agreement. Haier HCH and VAYAR, a leader in RF imaging, have established a joint venture in China. iSoftStone signed two cooperation agreements with Huawei. Ericsson unveils the "Time-Critical Communications" solution. Tissot and the NBA announced the renewal of their partnership. Hainan Free Trade Port recruits outstanding talents from all over the world. Honeywell, CIMC Vehicles and Danaher announce results.
Hot list
Chinese Smart City Ranking Top 10 announced
The 2021 Artificial Intelligence Computing Conference (AICC 2021) was held in Beijing. At the meeting, the "2021-2022 Chinese Intelligent Computing Power Development Evaluation Report" released the latest Chinese intelligent city ranking list, the top 5 cities are Beijing, Hangzhou, Shenzhen, Nanjing, Shanghai, and the 6-10 cities are Suzhou, Guangzhou, Jinan, Chengdu and Hefei. Compared with 2020, Nanjing rose to fourth place, and Jinan and Chengdu entered the top ten. At the same time, computing power and applications develop in synergy to promote the diversified development of AI scenarios. From the perspective of the application penetration ranking of the artificial intelligence industry, the top 5 industries in the artificial intelligence industry application penetration ranking in 2021 are the Internet, finance, government, telecommunications and manufacturing.
Corporate headlines
CATL and Hyundai Mobis signed a CTP technology licensing and cooperation intention agreement
CATL signed a technology licensing and cooperation intention agreement with Hyundai Mobis. According to the agreement, CATL will authorize Mobis to use CTP technology and support mobis in Korea and even the world's CTP-related battery product supply. CTP technology is an efficient integration technology that integrates cells into battery packs without the need for modules.
Haier HCH and VAYAR, a leader in RF imaging, have established a joint venture in China
Haier subsidiary HCH has signed a joint venture agreement with Israeli technology provider Vayyar to provide solutions for China's huge 4 trillion yuan ($625 billion) market for SilverTech, as well as application needs in other industries such as home security and smart office. Haier's IoT and smart home products for the elderly will be based on Vayyar's award-winning RADIO frequency imaging technology to provide fall detection and health monitoring solutions for senior care communities and their insurance companies in China. Vayyar's unique cameraless RF imaging solution provides 24/7 protection for the elderly in a variety of scenarios while always protecting user privacy. Non-contact sensors are not limited by traditional fall warning devices and do not require manual buttons, pulling cords, or wearing any wearable devices.
iSoftStone signed two cooperation agreements with Huawei
From October 22nd to 24th, Huawei Developer Conference 2021 (HDC.Together) was held in Songshan Lake, Dongguan. HarmonyOS was at the top of the developer conference. As an important partner of Huawei and an important member of the Hongmeng ecosystem, iSoftStone Chairman and CEO Liu Tiantian and Vice Chairman Huang Ying attended the conference and signed two cooperation agreements with Huawei, namely the Hongmeng SmartLink Empowerment Support Service Agreement and the AI and Atomization Service Agreement.
Ericsson unveils the "Time-Critical Communications" solution
Ericsson's latest end-to-end solution will further strengthen its 5G capabilities. The solution is designed to deliver the "time-critical communications" applications that consumers, businesses, and the public sector demand. Ericsson will enable "time-critical communication" applications by delivering "IoT-critical" products. The solution can be upgraded through software and easily deployed on wide/local public and private 5G networks in any 5G band. Following the global deployment of 5G networks and the successful launch of enhanced mobile broadband and fixed wireless access services, Ericsson's new solution will help operators further enhance real-time experiences such as cloud gaming and AR/VR, enabling the possibility of remote control, mobile automation and industrial control.
Tissot and the NBA announced the renewal of their partnership
TISSOT, together with the American Professional Basketball League (NBA), announced that it will further extend their partnership on the basis of the 2015 global agreement. As the official watch brand and official timekeeper of the American Professional Basketball League (NBA), the Women's Basketball League (WNBA) and the NBA Development League (NBA G), Tissot will further highlight its precision chronograph performance and Swiss watchmaking style to fans around the world. To commemorate this collaboration, Tissot has given its new Tengzhi Boundless series watches the "NBA Team Attention" function to help NBA fans better pay attention to the game. This innovative watch combines traditional craftsmanship with intelligent interconnection, allowing fans to track their favorite teams by learning important information such as the game schedule and team rankings. In addition, users will soon be able to get live NBA games, such as game scores and key stats, through the watch's silent notifications.
LYCRA will be the main apparel development partner for HeiQ AeoniQ yarns
HeiQ announced the launch of HeiQ AeoniQ, a high-performance cellulose yarn based on a new type of fiber made of negative carbon materials that could bring fundamental changes to the textile industry. This new fiber is formed from the third generation of cellulose biopolymers and is currently advancing to pilot production before large-scale commercial production. LYCRA will be the main apparel development partner for HeiQ AeoniQ yarns, specializing in the development of elastic and high-performance fabrics. LYCRA has a complete range of certified sustainable products and is constantly complementing it with new products through the development of new LYCRA® fibers.
Hainan Free Trade Port recruits outstanding talents from all over the world
The launching ceremony of the 2021 Hainan Free Trade Port Talent Attraction Activity was held in Haikou, releasing to the world the signal that the Hainan Free Trade Port is thirsty for talents. Compared with the previous talent attraction activities, this high-level talent attraction activity jointly sponsored by the Ministry of Human Resources and Social Security and the Hainan Provincial Government will recruit a wider range of objects, a larger time span, a more accurate position, and a more flexible form, which will attract all kinds of outstanding talents for the Hainan Free Trade Port. 239 state-owned enterprises, 864 private enterprises, 206 public institutions and 422 state organs, joint-stock enterprises, wholly foreign-owned enterprises, social groups and other employers signed up to participate in the event, of which private enterprises released more than 17,000 jobs, accounting for 46.73% of the total number of jobs.
Honeywell sales rose 9% in the third quarter China business maintained strong growth
Honeywell's third quarter performance was outstanding, with performance indicators meeting or exceeding the Company's performance targets. Sales rose 9 percent in the third quarter, with endogenous sales up 8 percent. Aerospace Group Aftermarket sales increased 38 percent, Safety & Productivity Solutions Group sales increased 21 percent, and Performance Materials group UOP and Performance Materials increased sales by 29 percent and 14 percent, respectively, contributing to an 8 percent increase in endogenous sales. Honeywell's China business continued to be strong, with sales revenue delivering high single-digit year-over-year growth in the third quarter.
CIMC Vehicle's revenue in the first three quarters of 2021 was 22.56 billion yuan, an increase of 20% year-on-year
CIMC Vehicles disclosed its third quarter report for 2021. According to the financial report, in the first three quarters of 2021, the leading edge of CIMC's vehicle industry was further expanded, the scale effect of high-end manufacturing continued to be released, and the operating income increased steadily to RMB22.56 billion, up 20.0% year-on-year; the net profit attributable to the shareholders of listed companies was 790 million yuan. CIMC Vehicles sold a total of 163,300 semi-trailers, special vehicle mounting and light van bodies worldwide, an increase of 21.0% year-on-year. In addition, as of the end of September 2021, the total assets of CIMC Vehicles reached 23.09 billion yuan, an increase of 16.5% over the end of the previous year.
Danaher's revenue for the third quarter of 2021 increased 23% year-over-year to $7.2 billion
Danaher Group announces results for the third quarter of 2021. Net income for the quarter (ending October 1, 2021) was $1.2 billion and diluted earnings per share of common stock of $1.54, up 33.0% year-over-year from 2020. Net income per common stock, adjusted for dilution on non-GAAP basis, was $2.39, up 39.0% from the same period in 2020. Revenue increased 23.0% year-over-year to $7.2 billion, including non-GAAP core businesses by 20.5%.