Giving Healthcare a Digital Edge
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14 | Monday, December 17, 2018 HONG KONG EDITION | CHINA DAILY BUSINESS Manifold: Giving healthcare a digital edge Benefits of flexible GOING GLOBAL | Founder Group unit displays invests in medical innovation centers to From page 13 modernize industry The South Korean technology giant is not the only phone maker working on foldable devices. Royole By ZHONG NAN Corp, a Shenzhen, Guangdong prov [email protected] incebased panel manufacturer, has announced its first foldable smart Using its subsidiary PKU Health phone FlexPai, which features a care, Founder Group, a Chinese 7.8inch AMOLED display with a technology company, plans to resolution of 1920 x 1440 pixels and establish a comprehensive medical an aspect ratio of 4:3. innovation center by 2020 in Bei The smartphone manufacturer jing. claims that users can bend its folda Its plan is to execute projects like ble display more than 200,000 overseas incubation and crossbor times without the screen breaking. der investment and establish new Royole is hoping to sell early ver branches in other suitable global sions of its FlexPai foldablescreen markets. phone for $1,300 to $1,500 once it PKU Healthcare began to estab launches in the United States — lish a new innovation center in Bos something that won’t happen until ton in the United States in early next year, at the earliest. November, a major step for the Industry insiders say foldable company to push its presence in smartphones will be the develop global markets. ment direction in the next 10 years. The innovation center’s role is to Huawei reportedly plans to release seek and invest in healthcare pro a foldable handset next year. jects, recruit overseas talent, devel Lenovo Group Ltd and Xiaomi op international remote Corp have also started their own consultation and train its employ prototypes, and LG Group is also ees, as well as establish a fund to working on flexible OLED displays assist all these activities in the US. and TVs that roll up into a box. Song Jinsong, chief executive Surgeons at work at a Beijing hospital operated by PKU Healthcare, Founder Group’s healthcare unit. PROVIDED TO CHINA DAILY Huawei has said its first foldable officer of PKU Healthcare, said smartphone will work in 5G net there are many opportunities to works, and this handset will likely further optimize advanced technol resemble the Huawei Mate 20X. ogies and human resources to structure of the information con Oppo Electronics Corp will show off improve services in this sector. struction standards, through a com its foldable phone at the Mobile These opportunities come from prehensive information means for World Congress in 2019 to be held in China’s growing demand for quali operation, data collection, analysis Barcelona near the end of February ty healthcare solutions and medici and utilization, so as to support all next year. nes, as well as from international levels of decisionmaking. collaboration, he said. It also built an information man Such demand comes in the wake agement system in China with of the government’s plan, information consulting and plan The challenge of announced in March, to make coor ning capabilities, to support its dinated moves to accelerate medical institutions and industrial foldable mobile research and development of vari collaboration with other businesses. phones lies in the ous types of medicine and medical China has already moved equipment, provide healthcare ser through phases like educating foldable AMOLED vices from toptier cities to rural are many young scientists and panels ...” as, and reform healthcare pricing, researchers, and translating their staffing and remuneration, and academic skills into product devel Qiu Yubin, vicepresident of medicine distribution. opment and solution skills, said WitsView Research Song said the innovation center’s Zhang. location in Boston will help the com Therefore, seeking quality over “The challenge of foldable pany to access the world’s cutting seas resources in healthcare busi mobile phones lies in the foldable edge technologies in many areas, as ness has become a favorable option AMOLED panels, especially in the city has abundant talent resour for many players to improve their terms of folding tolerance and radi ces from medical, engineering, elec earning ability, he said. us. Secondly, the material of the tronics, computer sciences and PKU Healthcare, which was cover plate will also be a bottle other fields. A researcher tests drug composition at a health industrial park facility in Beijing owned by PKU established by Founder Group and neck. How to maintain a similar They have made many scientific Healthcare, Founder Group’s healthcare unit. PKU Healthcare is looking for opportunities to invest in Peking University in 2003, has size, especially thickness, with the breakthroughs in various segments countries that have strengths in innovation on the back of globalization. PROVIDED TO CHINA DAILY been leveraging resources like its current mainstream smartphone such as medical devices, molecular pool of experts, management expe product, is also a problem” said Qiu diagnostics and digital healthcare healthcare industries can be a flexi To enhance the country’s public fessor at the School of Public Health, rience and medical teaching and Yubin, vicepresident of WitsView service, he said. ble solution to support China’s pub services, the Chinese government China Medical University in Shen research system of Peking Univer Research. In addition to the US, PKU lic health services, as well as further announced in April that it will allow yang, Liaoning province, said the sity, and strong capital and indus BOE Technology Group Co Ltd, a Healthcare is also looking for oppor compete with other established medical institutions to conduct use of smart and wearable devices, try integration capability of Beijingbased supplier of display tunities to invest in countries and rivals from both home and global internetbased medical services as and other solutions, can effectively Founder Group. This saw its sales products and solutions, com regions like Israel that have markets in the same field, according part of a broader push to promote collect health and contextual data, revenue surge 20 percent yearon menced mass production of sixth strengths in innovation on the back to an industry report by global con internetplus healthcare. The idea is allowing patient monitoring from year in 2017. generation flexible AMOLED of globalization. sultancy Roland Berger in Novem to use the digital medium to deliver anywhere in the future. Supported by over 35,000 display screens at its facility in “As an innovative country, Israel ber. healthcare services. He said the scope of such devices employees, Founder Group, a State Chengdu, Sichuan province, last has a lot to learn in terms of medical Because China has a growing Medical institutions, under such is significant, potentially leading to owned enterprise, was established October. equipment and digital healthcare number of middleincome earners, circumstances, will be allowed to fewer readmissions, more rapid by Peking University in 1986. It has According to BOE, its display solution,” said Song. “We also wel the report said the demand for provide online diagnostic services emergency responses, and more total assets of 246.1 billion yuan panels have already been delivered come other global players to join us health services has increased sub for some common and chronic dis immediate care to avoid deteriora ($35.77 billion). Its total revenue till to more than 10 smartphone man to jointly develop medical science, stantially. New technologies and eases in patients’ followup visits to tion or adverse events, such as 2017 was 104.2 billion yuan. Its key ufacturers including Huawei, pharma research, medical solutions solutions can help alleviate the issue their doctors. stroke or falls. businesses are healthcare, informa Oppo, Vivo Mobile Communica to further improve services in the of inaccessible and expensive public As digital technologies have PKU Healthcare has established tion technology, industry finance tion Technology Co, Xiaomi Inc, home market.” health services that has long been a transformed the healthcare indus its own information development and innovation center develop ZTE Corp and Nubia Technology The development of highend big concern for the general public. try dramatically, Zhang Yuxin, a pro strategy, formulated the medical ment. Co Ltd. Chinese musical instrument company thrives on highquality design TIANJIN — On the wall of Liu Thanks to his background in about $100 to $200 to a foreign visi percent of China’s GDP, 60 percent of Ming’s office hangs a map thickly mechanical engineering, his drum tor before the end of the exhibition; the fixedasset investment, 75 per dotted with small flags to show the design was highly recognized by the however, the customer rejected him cent of technological innovation and drum maker’s sales network across factory, and he obtained his first and proposed to help Liu throw the 90 percent of new urban jobs. the world. order one week later. drum into a trashcan for free. Jin Jiguang, president of the Per As the founder of Jinbao, a Tian Drums produced by Jinbao made “At that time, I made up my mind cussion Institute affiliated to the Chi jinbased musical instrument enter their public debut at a musical to establish a strong brand with nese Musicians’ Association, said a prise with over 1,800 workers, Liu instrument exhibition in Tianjin the standards and highquality drums,” growing number of Chinese musical has sold his products to more than same year, but they were ignored by Liu said. He started reforming his instrument companies have devel 90 countries and regions. exhibitors and visitors. Liu was torn company by introducing more oped awareness of seeking innova “But we had a tough time at first,” with anxiety.