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CHINT Attended the 2nd China International Supply Chain Expo

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SHANGHAI, Nov. 29, 2024 /PRNewswire/ — CHINT brought the whole industrial chain solution of electric power and new energy to the 2nd China International Supply Chain Expo. With the theme of “Connecting the World for a Shared Future”, this year’s Chain Expo held more than 300 activities such as special forums and new product releases around six major chains and supply chain services, including advanced manufacturing chains and clean energy chains, attracting about 700 enterprises from nearly 70 countries and regions to participate.

In the exhibition area of clean energy chain, many well-known energy enterprises showed their technological achievements in scientific and technological innovation, green development, brand building and high-quality development. CHINT focused on the latest practices and achievements of new energy sources, including photovoltaic modules, energy storage systems, smart power innovation products and other whole industry chain solutions.

At the same time, as a full-chain system solution provider that can provide the integration of components, energy storage, high, medium and low voltage transmission and distribution equipment, operation and maintenance software and services required by photovoltaic power plants, CHINT demonstrated the global supply chain network resource allocation and integration capabilities at this Chain Expo.

International customers from Europe, Asia-Pacific, Latin America and Africa expressed their interest and intention in cooperation at CHINT’s booth, hoping to carry out more extensive exchanges and cooperation with CHINT in the fields of clean energy and a series of solutions in the future.  And delegation from China Energy International Group also visited CHINT booth to exchange views on relevant cooperation.

With the continuous deepening of economic globalization, global industrial chain cooperation has become a key driver to promote economic growth. Enterprises integrate into the global supply chain system has become a key factor for development and growth.

CHINT continues to build a digital, intelligent and localized industrial chain, and gradually builds industrial clusters such as electrical equipment and photovoltaic module factories overseas. CHINT’s global resource allocation and management capabilities help energy transformation with the global resource network.

CHINT constantly relies on its own brand, technology, channels and the advantages of system integration in the whole industry chain to invest in the construction of new energy photovoltaic power plants and integrate the concepts of innovation, green and openness into international projects.

Over the years, CHINT has actively put the green concept through the whole process of R&D, design, procurement, production, logistics and sales, and extended to upstream suppliers and downstream customers externally, and formed an effective green supply chain system. Besides, CHINT helps upstream and downstream enterprises in the supply chain to jointly decarbonize through the green carbon reduction actions of the whole chain business, such as power generation, electricity storage, transmission, substation, distribution and electricity consumption.

Guangfu Luan, the Rotating President of CHINT Group, said that CHINT ensured the sustainable development of the supply chain by setting up a rigorous supplier screening and evaluation mechanism, building a green supplier evaluation system, promoting the green transformation of logistics and transportation, and developing a series of emission reduction measures such as the carbon management platform.

CHINT has always focused on the main business of electric power and energy, constantly strengthened the coordinated development ability of industrial chains, and realized the leap-forward development from product to system and from manufacturing to service.

In the future, CHINT will continue to empower the whole industrial chain with greening, digitalization & intelligence, and create a more intelligent, environmental friendly new energy ecosystem for a clean and beautiful world.

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ADLINK Develops Palm-size Fanless Mini PC with IoT connectivity

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The EMP-100 was designed as a Media Player for Smart Retail but the compact size and durability are also perfect for the industrial sector.

SAN JOSE, Calif., Nov. 29, 2024 /PRNewswire-PRWeb/ —

Summary: 

Compact and Versatile: The EMP-100 is an industrial Next Unit of Computing (NUC) device featuring Dual 4K display capabilities and designed for space-saving use in both smart retail and industrial environments.Advanced Features: Powered by Intel® Celeron® processors, it includes IoT connectivity, M.2 expansion slots, and dual HDMI outputs, supporting digital signage, interactive kiosks, and AI/IoT applications.Industrial Use: Robust for harsh conditions, it supports tasks like real-time machinery monitoring, IoT gateway functions, and basic surveillance, ideal for automated production and edge computing.

“This industrial mini PC can be seamlessly integrated into existing infrastructures for edge computing data collection and other applications.”

ADLINK Technology Inc., Global industrial display solution leader ADLINK Technology Inc. has introduced the all-new Mini PC (EMP-100). The smallest of its kind of the series (just 13 x 10.7 x 2.8cm), this fanless PC and Dual 4K Media Player is robust and extremely versatile. It includes an Intel® Celeron® N6210/J6412 processor; IoT connectivity (Single GbE LAN and Optional Wi-Fi 6/BT 5.2 module); an M.2 2280 Key M for optional storage and Key E for optional WiFi/BT modules; and two HDMI output ports. This combination plus adaptable function expansion makes it truly multi-purpose.

Exceptional Media player
The EMP 100 Series was developed to support sophisticated digital signage with Dual 4K UHD display for clear and vibrant content; interactive kiosks; and the development of IoT and AI applications in the smart retail sector – enhancing the customer experience and boosting commercial engagement. The fanless design can operated continuously in a broad range of temperatures and significantly reduces maintenance.

Typical use cases include:

Digital signage for scheduled marketing campaigns, special offers and discountsDelivering personal service anytime, anywhere via multi-lingual, self-service terminalsStable system operation at the point of sale with I/O ports for peripheralsA space-saving Mini PC (NUC device) in hospitality settings driving work efficiency

Ideal industrial Mini PC
The compact design is well suited to industrial environments with space restrictions. It can be seamlessly integrated into existing infrastructures for edge computing data collection and other applications such as:

Real-time monitoring and status updates for machinery in automated production linesAn IoT gateway connecting sensors and devices on the factory floor to the cloudVideo processing, motion detection, and data recording for basic surveillance

The EMP-100 Series is available now. Find out more about this innovative development at: https://www.adlinktech.com/Products/Panel_PCs_Monitors/Panel_PCs_Monitors/EMP-100_Series?utm_source=pr&utm_medium=direct&utm_campaign=ev-emp100-pr&utm_content=&utm_term=

About ADLINK Technology
ADLINK Technology Inc. (TAIEX:6166) is a leader in edge computing, the catalyst for a world powered by artificial intelligence. ADLINK manufactures edge hardware and develops edge software for embedded, distributed, and intelligent computing – from powering medical PCs in intensive care units to building the world’s first high-speed autonomous race car. More than 1600 customers around the world trust ADLINK for mission-critical success. ADLINK holds top-tier edge partnerships with Intel, NVIDIA, AWS, and SAS, and is part of the Intel Board of Advisors, ROS 2 Technical Steering Committee, and Autoware Foundation Board. ADLINK contributes to open source, robotics, autonomous, IoT, and 5G standards initiatives across 24+ consortiums, driving innovation in manufacturing, telecommunications, healthcare, energy, defense, transportation, and infotainment. For over 29 years, with 1800+ ADLINKers and 200+ partners, ADLINK has enabled the technologies of today and tomorrow, advancing technology and society worldwide. Follow ADLINK Technology on LinkedIn, Twitter, Facebook or visit adlinktech.com.

All trademarks are the property of their respective owners in the U.S. and other countries.

Media Contact

PR Manager, ADLINK Technology, 408-360-0200, jennifer.collins@adlinktech.com, www.adlinktech.com

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SOURCE ADLINK Technology

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Wireless Testing Market Skyrockets to $33.40 Billion by 2031 Dominated by Tech Giants – Anritsu Corporation, Bureau Veritas and Dekra Certification B.V | The Insight Partners

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The global wireless testing market is set for explosive growth, with projections indicating a surge to $33.40 Billion by 2031. This remarkable expansion, driven by rising adoption of Wi-Fi 6 and Wi-Fi 6E, government initiatives in wireless testing and growing adoption of wireless technologies in various industries.

NEW YORK, Nov. 29, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the global wireless testing market is observing significant growth owing to the increasing focus on the deployment of 5G networks. As IoT devices and networks propel, robust wireless testing becomes essential to ensure their reliability, interoperability, and security, ultimately driving the demand for wireless testing.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/wireless-testing-market

The wireless testing market comprises a vast array of equipment and services that are expected to register strength during the coming years. The report runs an in-depth analysis of market trends, key players, and future opportunities.

Market Overview and Growth Trajectory:

Wireless Testing Market Growth: According to an exhaustive report by The Insight Partners, the Wireless Testing Market is experiencing significant growth, driven by increasing demand for high-speed data transmission and growing adoption of IoT devices. The market, valued at $16.28 Billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 9.4% during 2023–2031.

For More Information and To Stay Updated on The Latest Developments in The Wireless Testing Market, Download The Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00008068/

The global wireless testing market is observing substantial growth and is expected to maintain its upward trajectory in the foreseeable future. This growth can be accredited to numerous factors. One of the prime factors is the increasing focus on the deployment of 5G networks. 5G networks are designed to connect billions of IoT devices with higher density and efficiency than previous generations. As IoT devices operate in diverse environments, they are required to be thoroughly tested for different frequencies, data rates, and battery performance. Additionally, 5G networks must be resilient against cyberattacks, especially with the growing number of connected devices and mission-critical applications. Wireless testing ensures that a vast array of IoT sensors, traffic management systems, environmental monitoring devices, and other connected infrastructure communicate seamlessly with low power consumption and minimal interference. Security testing validates encryption, authentication protocols, and the overall security architecture of 5G networks. Thus, the demand for wireless testing is gaining immense traction owing to the increase in 5G deployment, which is likely to have a significant impact on the wireless testing market forecast in the upcoming years.

Growing Number of Connected Devices: The complex nature of consumer electronics indicates the need to test these products for conformity, safety, and performance. EXFO, Intertek Group Plc, ThinkPalm, and SGS SA are a few of the companies offering testing products and services in North America. Healthcare infrastructure in North American countries is growing with the expanding presence of hospitals and laboratories. Moreover, a rising focus on the advancement of healthcare facilities with the integration of modern technologies and the Internet of Things (IoT) is expected to boost the need for wireless testing in this sector. UL, a leading global safety science company, increased the size of its facility in Fremont, California, in 2018 to meet the rising demand for testing and certification services from a variety of industry sectors. This multi-million-dollar expansion included the addition of a cutting-edge 39,000-square-foot building and one of the largest laboratories for electromagnetic compatibility (EMC) and wireless testing.

Stay Updated on The Latest Wireless Testing Market Trends: https://www.theinsightpartners.com/sample/TIPRE00008068/

Fast-Paced Adoption of 5G Technology: The fast-paced adoption of 5G technology elevates the requirement for testing to ensure device compatibility and performance. With the establishment of the highly automated Ericsson USA 5G Smart Factory, the US is supporting the development of the next generation of 5G infrastructure. This will allow Ericsson to ship existing and new radios and basebands from the factory to its key customers in the US, including open RAN-ready products. Idaho, in September 2022, opened the first open-air 5G wireless test range dedicated to security testing, training, and technology development in the US.

The government of Canada recognizes the value of integrating cutting-edge wireless technology into the industrial sector. François-Philippe Champagne (Minister of Innovation, Science, and Industry) announced the plan to invest US$ 14 million in Redline Communications, which will help industries such as mining, utilities, and oil & gas increase the safety and productivity of their operations. Through this investment, Redline can design Industrial 5G, a 5G wireless. This investment will support the US$ 39.5 million project. Redline’s equipment, for instance, will enable customers to monitor and operate AI-enabled machinery remotely, providing real-time communication and information sharing to increase worker safety and productivity. For more than 20 years, Redline has been a pioneer in network wireless communications and is the largest wireless technology company owned by Canadians. With this donation, 111 well-paying jobs will be created and maintained, along with ~13 co-ops.

Geographical Insights: In 2023, Asia Pacific led the market with a substantial revenue share, followed by North America and Europe. Asia Pacific is expected to register the highest CAGR during the forecast period.

Purchase Premium Copy of Global Wireless Testing Market Size and Growth Report (2023-2031) at: https://www.theinsightpartners.com/buy/TIPRE00008068/

Wireless Testing Market Segmentation, Applications, Geographical Insights:

Based on offering, the market is divided into equipment and services. The equipment segment is further divided into wireless device testing and wireless network testing. The equipment segment held a larger share of the wireless testing market in 2023.Based on technology, the market is bifurcated into pressure-independent Bluetooth, Wi-Fi, GPS, 2G/3G, 4G/LTE, and 5G. The Bluetooth segment held the largest wireless testing market share in 2023.Based on application, the market is divided into consumer electronics, automotive, IT and telecommunication, energy and power, medical devices, aerospace and defense, industrial, and others. The IT and telecommunication segment held the largest wireless testing market share in 2023.The wireless testing market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00008068/

Key Players and Competitive Landscape:

The Wireless Testing Market is characterized by the presence of several major players, including:

Anritsu CorporationBureau VeritasDekra Certification B.VEXFOIntertek Group PlcThinkPalmRohde and Schwarz GmbH and CoSGS SATUV RheinlandViavi Solutions Inc

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Wireless Testing Market Recent Developments and Innovations:

“Spirent Announces 5G Fixed Wireless Access (FWA) Testing Services.””VIAVI Launched NITRO Wireless, Delivering Cloud Intelligence and Automation to Accelerate 5G and 6G.”).””Keysight Introduced Wireless Test Platform for Wi-Fi 7.”

Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: https://www.theinsightpartners.com/inquiry/TIPRE00008068/

Conclusion:

The market is shifting toward automation, and advanced technologies such as artificial intelligence and machine learning are gripping the market. Automation testing tools help simplify the process, narrow the scope of human error, and provide more profound insights into the actual performance of the device in time-sensitive environments. As wireless devices are used on a daily basis, they are highly prone to the risks of security violations. As a result, many companies and organizations conduct intensive security testing on their networks. Thus, they would lead the approach toward security that would further alter the landscape of the wireless testing market. Increased usage of connected devices and the necessity to ensure regulatory compliance and cybersecurity propel the wireless testing market growth. Thus, the growing adoption of 5G networks and smart wireless devices drives the global wireless testing market growth.

With projected growth to $33.40 Billion by 2031, the Wireless Testing Market represents a significant opportunity for component providers, system technology integrators, system manufacturers, investors, industry stakeholders, and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Related Report Titles:

5G Network and Tower Deployment Market Outlook, Segments, Geography, Dynamics, Recent Developments, and Strategic Insights by 2031Network Testing Equipment Market Size and Forecasts (2021 – 2031)LTE Testing Equipment Market Size and Forecasts (2021 – 2031)Cloud Testing Market Analysis, Size, Share, Growth, Trends, and Forecast by 2031

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/wireless-testing-market

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AIX Inc. (NASDAQ:AIFU): Reshaping AI Insurance and the Healthcare Industry–A Promising Future Ahead?

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HONG KONG, Nov. 29, 2024 /PRNewswire/ — AIX Inc. (NASDAQ:AIFU) is a leading company focused on insurance agency and claims services. Recently, the company has been gradually pushing for an intelligent and diversified transformation, aiming to capture growth opportunities in the AI insurance and healthcare sectors. The restructuring of its high-quality assets and a strategic partnership with BGM Group Ltd. (NASDAQ:BGM) are expected to create a second growth curve for the company’s future performance.

1. Restructuring Quality Assets to Build a Smarter Future

AIFU has recently undertaken the restructuring of its core assets, involving an amount of $140 million, including RONS Intelligent Technology (Beijing) Co., Ltd. (“RONS Technology”) and Shenzhen Xinbao Investment Management Co., Ltd. (“Xinbao Investment”).

This is not a simple “sale” transaction; the restructuring involves the Duxiaobao AI insurance platform, which provides intelligent solutions to the insurance market through AI and big data. AIFU exchanged these assets for 72% of BGM Group’s shares, becoming the majority shareholder of BGM Group. This transaction is expected to significantly increase BGM Group’s market value and open up new opportunities for AIX Inc.’s future development.

Key Points of Asset Restructuring:

Business Growth Potential: The Duxiaobao AI insurance platform has strong technical barriers (based on Baidu’s big data platform) and market potential (AIFU’s insurance brokerage platform) and is expected to drive significant performance growth for BGM Group in the coming years. AIFU retains control of the future development of Duxiaobao through its stake in BGM.Undervaluation: BGM Group currently has a market value of only $52 million, yet its new business has a market potential that far exceeds its current valuation. As the majority shareholder of BGM, AIFU stands to benefit from BGM’s business growth.Dual Business Synergy: BGM Group is a global leader in the pharmaceutical industry. Through deep cooperation with BGM Group, AIFU has strengthened its presence in both the AI insurance and healthcare sectors, with the potential to become a leader in these two industries.

2. BGM Group: From a Market Value of Millions to a Potential Leader in AI Insurance

Technical Advantage: BGM is positioned to take a leading role in the AI + insurance market transformation by leveraging the Duxiaobao AI insurance platform and Baidu’s big data capabilities. It can offer personalized insurance solutions to the market.Market Opportunity: The global AI insurance industry is on the brink of a major expansion, and BGM is well-positioned to seize this opportunity.Industry Trend: The “pharmaceutical + insurance” model is gaining momentum in China, where over 400 million people have chronic conditions. Annual medical expenses account for 60% of total expenses, yet related premiums constitute only 5% of health insurance, revealing a significant protection gap. From 2012 to 2022, China’s commercial health insurance experienced a compound annual growth rate (CAGR) of 25.93%, far surpassing the average growth rate of the insurance industry, indicating tremendous growth potential. Successful cases such as CVS’s acquisition of Aetna and UnitedHealth Group’s integration with OptumRx validate the critical value of “pharma + insurance” collaborations in optimizing costs, innovating supply chains, and facilitating data sharing.

Currently, BGM Group’s market value has not yet been fully realized in the secondary market. If the AI insurance business expands rapidly, BGM Group’s market value and stock price are likely to undergo significant revaluation.

3. AIFU’s Undervaluation

As of December 31, 2023, AIFU’s total revenue reached $3.198 billion, reflecting a year-on-year increase of 14.98%, and net profit was $289 million, demonstrating a year-on-year increase of 237.25%. As the largest insurance brokerage platform in China, AIFU has a Price-to-Earnings (P/E) ratio of only 3.5x. In comparison, Prudential Insurance reported revenue of $11.9 billion, up 143%, with a net profit of $1.712 billion, up 271.72%. Meanwhile, Prudential Financial’s revenue was $53.979 billion, down 5.1%, but its net profit rose by 249%, reaching $2.508 billion. These results highlight AIFU’s significant growth potential.

With a market value of approximately $76 million, AIFU stands in stark contrast to Prudential Insurance (PUK, market value of $21.7 billion) and Prudential Financial (PRU, market value of $46.1 billion). While Prudential focuses primarily on traditional insurance products, AIFU is poised to disrupt the industry with AI-driven solutions, supported by Baidu’s big data, which will effectively reduce costs, expand market share, and improve customer satisfaction.

4. Pharmaceutical and Healthcare Strategy Driving Valuation Growth

AIFU not only focuses on the AI insurance business but also heavily invests in the pharmaceutical and healthcare sectors, seizing new opportunities brought about by global population aging. Key driving factors include: 

Aging Population: An increase in the elderly population leads to a greater demand for insurance and healthcare services.AI + Health Management: AIFU plans to use AI technology to offer customized insurance products and services for its client base.

Through the strategic restructuring with BGM Group, AIFU has formed a powerful alliance in both the AI insurance and healthcare sectors, positioning itself to become an industry leader. Whether in terms of BGM Group’s valuation potential or AIFU’s business expansion, this transaction presents a unique opportunity for investors. The dual drivers of AI insurance and healthcare will be the cornerstone of the company’s future development.

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SOURCE AIX Inc.

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