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Apple poised to become $2 trillion company

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US tech giant Apple is poised to become a $2 trillion company “very soon”, according to the Wall Street Journal.

The company was the first to achieve a trillion-dollar market capitalization a couple of years ago, and today is about 1 percent below the level needed to exceed $2 trillion.

Apple is somewhat different from other “tech” companies, by which is meant computer technology.Other such as Microsoft, Google, Facebook and others tend to be software-oriented. [Read more…] about Apple poised to become $2 trillion company

Universal Robots partners with Phillips Machine Tools India

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Universal Robots is extending its American partnership with Phillips Corporation to India, joining hands with the largest global distributor of best-selling Haas CNC machines for Indian manufacturers to boost productivity.

In an effort to boost productivity and help manufacturers emerge from the pandemic Universal Robots (UR) joins hands with Phillips Machine Tools India, part of Phillips Corporation, the world’s largest Haas factory outlet.

Together, they are all set to offer machine shops a safe, user-friendly solution to optimize uptime and enable significant advantages to manufacturers in India. [Read more…] about Universal Robots partners with Phillips Machine Tools India

India to send humanoid robot astronaut into space

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India is planning to send a humanoid robot astronaut into space, according to a number of media reports. (See video below.)

Called “Vyommitra”, the humanoid robot has been given a female form and does not have any legs. India Today reports that it can “recognise astronauts, converse with them and answer their questions”.

Sam Dyal, a scientist at the Indian Space Research Organisation, says Vyommitra is referred to as “half humanoid” because it only has an upper body and has limited movement – “it can only bend sidewards and forward”. [Read more…] about India to send humanoid robot astronaut into space

Industry 4.0 to ‘revolutionize’ use of safety sensors and switches, says report

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The so-called “Industry 4.0” trend – an umbrella term for a range of connectivity and automation technologies – will “revolutionize” the use of safety sensors and switches, according to a new report.

The Global Market Study on Safety Sensors and Switches, by Persistent Market Research, says the global market is projected to expand at “a meteoric rate” to register annual growth of 10.7 per cent throughout the period of assessment, 2017-2025.

In 2017, the global market for safety sensors and switches was valued at around $13.8 billion and is estimated to touch a valuation higher than $30 billion by the end of the period of forecast. [Read more…] about Industry 4.0 to ‘revolutionize’ use of safety sensors and switches, says report

Mitsubishi Electric’s new plant in India to produce automotive products

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Mitsubishi Electric says it will start construction of a new plant on the premises of its subsidiary Mitsubishi Electric Automotive India in Gujarat, India.

The company’s new plant, along with one in Manesar, Haryana, will enable MEAI to expand its output of products such as motor-control units for electric power steering, exhaust gas recirculation valves and giant magnet-resistance sensors.

The demand for these components is expected to grow in line with increasing sales of vehicles offering enhanced fuel efficiency and reduced emissions in the Indian market. [Read more…] about Mitsubishi Electric’s new plant in India to produce automotive products

Corindus instrument used in ‘world’s first’ remote-control robotic heart surgery

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A surgical instrument developed by Corindus has been used in what is claimed to be the first remote-controlled heart operation using a robot.

Corindus published its “Telerobotic Intervention Study” in The Lancet, saying it is “the world’s first percutaneous coronary intervention (PCI) procedures conducted from a remote location outside the catheterization lab using Corindus’ CorPath technology platform”.

The paper Corindus published, titled Long Distance Telerobotic-Assisted Percutaneous Coronary Intervention: First-in-Human Experience, discusses five successful patient cases performed by internationally acclaimed physician Dr Tejas Patel, chairman and chief interventional cardiologist of the Apex Heart Institute in Ahmedabad, Gujarat, India. [Read more…] about Corindus instrument used in ‘world’s first’ remote-control robotic heart surgery

Hanwha Robotics and Wipro team up on Indian cobot market 

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Hanwha Precision Machinery’s Robot Business Division has signed a Memorandum of Understanding with Wipro Infrastructure Engineering (WIN) to establish a local sales and operations office in India.

The partnership combines the core competencies between the two companies: Hanwha’s cobot manufacturing and development capabilities and WIN’s Automation Solutions business and broad sales network in India.

Through this partnership, Hanwha Robotics will be able to sell its factory automation cobots to WIN’s customer base through its sales network.

[Read more…] about Hanwha Robotics and Wipro team up on Indian cobot market 

First MG cars roll out of SAIC Motor’s Indian base

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SAIC Motor’s vehicle production base in India, the company’s third overseas automobile manufacturing base, has started operation.

The first MG car to leave the assembly line was also the first internet car to be seen in the Indian market.

SAIC Motor has developed a whole overseas auto industrial chain which integrates innovation and R&D centres, manufacturing bases, marketing centres, supply centres and financial companies. Its vehicle sales volume has broken the threshold of 10,000 in many countries.

[Read more…] about First MG cars roll out of SAIC Motor’s Indian base

Hitachi wins lift order in Hyderabad, India

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Hitachi has been awarded a contract to supply 106 lifts for large-scale office buildings to be constructed in Hyderabad, a major city in South India. This is the largest order for Hitachi group’s lifts and escalators in India.

Hitachi Building Systems and Hitachi Lift India will deliver 72 lifts for the large-scale building complex Phoenix Spaces 285, located in a suburb of Hyderabad’s financial district and scheduled for completion in February 2020.

Hitachi Lift India will also deliver 34 lifts for Phoenix Aquilia, an office building located in the centre of Hyderabad’s financial district, which is scheduled to be completed in December 2019.

Panasonic launches electric vehicle charging service in India

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Panasonic has announced the launch of a smart EV charging service in India.

The futuristic charging service combines physical components such as charging stations, swap stations, on board charges, telematics systems and virtual components such as cloud service, analytics, intuitive dashboard, and artificial intelligence to deliver a one stop solution.

Nymbus is a technology platform designed and developed to cater to the growing mobility market in India.

[Read more…] about Panasonic launches electric vehicle charging service in India

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