A-3-Vol-74-The-East-Asia-Dragons
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Vol 74 The East Asia Dragons and India India’s Only Newsletter which cover East Asia- Korea, Japan, China, Taiwan, Mongolia & Global News (Weekly Updates Business Report) 06 Jan 2020 To 12 Jan 2020 By T.S.Chandrashsekar M.A.M'PhiLPhD South Korea TV Panelist Columnist International Affairs and Korea & East Asia Expert1 ----------------------------------------------------------------------------------------------------------------------------------------- Topics I. East Asia News: Japan: 1. Japan: Toyota to build prototype city of the future in Japan 2. Japan: Hitachi Automotive develops stereo camera emergency braking intersections 3. Japan: Mitsubishi Motors enlists Israeli startup as Japan plays connected cars 4. Japan: Japan key economic index falls to 6-yr low in Nov. on weak production 5. Japan's Ricoh to launch digital printer plant in China in April 6. Japan, China, S. Korea step up banking cooperation with ASEAN 7. Japan, India boost digital partnership for new technology era 8. Japan: Japan to develop app that can detect if foreign nationals' cards are fake 9. Japan: Fuji Xerox announces corporate name change to FBIC 10. Japan: Kono to order SDF dispatch to Middle East Korea: 11. Korea: DuPont to establish EUV photoresist factory in S. Korea 12. Korea: China's Byton plans to produce its new electric cars in Korea 13. Korea: Sachin Satpute named new chairman of ICCK 14. Korea: Hyundai to make flying cars for Uber air taxis 15. Korean construction firms on alert following Iran’s missile attack against US 16. Korea: CJ HealthCare to reinvent itself under Kolmar by April China: 17. China Mobile in tie-up talks with Vodafone Idea, Airtel 18. China: Drones help PLA detect enemy behind walls 19. China: Xi signs order for military training 20. China: Latest light tank, howitzer deployed in exercises in Tibet 21. China: China to establish brain science-related undergraduate majors 22. China: Major technological breakthroughs in 2020 23. China's sci-tech hub Zhongguancun records 13.8-pct revenue increase 24. China: Homegrown 3D-printed tantalum implant sees clinical trials 25. China: Grid live working robots in service in north China 26. China: Lenovo launches world's first 5G PC at CES 27. China: Ministry warns 15 apps of store removal over violations Taiwan 28. Taiwan makes headway on establishing National Human Rights Commission 29. Taiwan researchers develop ECG-enabled smart watch Mongolia: 30. Parliament approves one-time forgiveness of pension-secured loan debts II. India News: 31. True North invests over Rs 500crore in Biocon Biologics 32. Paytm to levy fees if users load over Rs 10k via credit card 33. PE major Everstone invests $50m in Slayback Pharma 34. Seafood industry seeks govt intervention to lift US ban on sea-caught shrimps 35. GMR-ESR JV to set up logistics park at Hyderabad 1 Printed, Published and Owned by T.S.Chandrashekar M.AM.PhiL/(PhD SNU South Korea), No 391 20 Cross Maruti Nagar-Sonenahalli, Ullal Upangar, Bangalore 560110, India Mobile. 91 9980732889, Email. [email protected] Digital Newsletter III. Global News 36. Bosch unveils smart virtual sun visor for cars at tech show 37. Scientists may have cracked a cellular secret to living a longer life 38. America: FDA-approved stomach cancer drug sends Blueprint Medicines’ stock up before resettling 39. Taiwan’s President Tsai Ing-wen reelected as voters back tough China stance 40. China's foreign minister heads to Zimbabwe on Africa tour 41. America: US bans charter flights to Cuban cities besides Havana 42. China reports 1st death from new type of coronavirus 43. Iran: Russian Missile System Suspected of Bringing Down Ukraine 44. NATO missile defense system in Romania monitored Iran’s strikes, says secretary general 45. Jane’s: Global defense spending exceeds $1.8 trillion in 2019 IV. India Policy News 46. RBI amends KYC norms, allows banks to use V-CIP 47. Four Indian astronauts selected for training in Russia 48. Russian foreign minister to visit India on January 15: PM Modi & President Putin may have 5 Meetings in 2020 49. Russian Railways mulls using Kerch Strait port of Taman for deliveries to India 50. Israel: Water-from-air startup awarded Smart Home Mark of Excellence at CES Las Vegas V. Others: Jobs Tenders: Announcements: B2B With Overseas Companies I. East Asia Japan: 1. Japan: Toyota to build prototype city of the future in Japan Toyota Motor Corp plans to build a prototype "city of the future" at the base of Mt Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, "smart homes," artificial intelligence and other technologies. Toyota unveiled the audacious plan for what it will call "Woven City", in a reference to its origins as a loom manufacturer, at the big annual technology industry show, CES. The "Woven City" idea, under discussion for a year, is aimed at creating safer, cleaner, more fun cities and learning lessons that could be applied around the world. It will have police, fire and ambulance services, schools and could be home to a mix of Toyota employees, retirees and others. The development, to be built on the site of a car factory that is planned to be closed by the end of 2020, will begin with 2,000 residents in coming years, and also serve as a home to researchers. The plan for a futuristic community on 175 acres (71 hectares) is a big step beyond proposals from Toyota's rivals. Toyota Housing, a company unit, has sold more than 100,000 homes in Japan in 37 years. Toyota said it had commissioned Danish architect Bjarke Ingels to design the community. Ingels' firm designed the 2 World Trade Center building in New York and technology giant Google's offices in Silicon Valley and London. Toyota said it is open to partnerships with other companies seeking to use the project as a testing ground for technology. 2. Japan: Hitachi Automotive develops stereo camera enabling automatic emergency braking at intersections Hitachi Automotive Systems Ltd has developed a stereo camera that enables Automatic Emergency Braking (AEB) at intersections relying on stereo camera alone by combining distant object detection with wide angle view, and without millimeter wave radar. As of 2020, the NCAP (New Car Assessment Program) will include Automatic Emergency Braking (AEB) among the criteria in their leading automotive safety performance assessment. Sensor technologies with horizontal, wide angle view are necessary to detect pedestrians to avoid accidents when an automobile turns at an intersection. Hitachi Automotive Systems has increased the range of detection by widening the horizontal range of the stereo camera this delivers an angle of view three times wider compared to conventional stereo cameras, and enables Automatic Emergency Braking when turning at intersections while still maintaining the ACC (Adaptive Cruise Control) which employs compatible distant object detection without the need for a large increase in the number of sensor pixels compared to conventional stereo cameras. The technology was developed in collaboration with the Hitachi Ltd R&D Group. 3. Japan: Mitsubishi Motors enlists Israeli startup as Japan plays catch up on connected cars Mitsubishi Motors Corp has signed on to Israeli startup Otonomo’s car-data marketplace as Japanese automakers race to make up ground on U.S. and European rivals to provide in-vehicle connected services. The first Japanese auto manufacturer to join a platform like Otonomo’s, Mitsubishi Motors will get access to a network of some 100 retailers, insurers and others who will pay for the data and provide revenue-generating services such as parking apps, on-demand car washing and subscription-based refueling. The initiative will roll out this year in the United States and Europe, with Japan following later, the companies said. They did not disclose the financial terms of the deal. McKinsey & Co predicts the market for in-vehicle data will swell to as much as $750 billion by 2030. Other Japanese manufacturers have so far focused on building their own platforms. Toyota has a subscription-based service called T-Connect, which offers things like real-time traffic information and links to a human operator for help with restaurant booking or getting assistance in the event of an accident. Honda has developed a similar offering called Honda Connected, but it has partnered with Alibaba in China to develop connected services specific to that market. The four-year-old, Tel Aviv-based startup also has partnerships with Daimler and BMW. It expects to announce more tie-ups with car makers later this year. 4. Japan: Japan key economic index falls to 6-yr low in Nov. on weak production The key index reflecting the current state of the Japanese economy fell to the lowest level in more than six years in November as electronic production remained weak. The Cabinet Office's coincident index of business conditions for the reporting month edged down 0.2 point from October to 95.1 against the 2015 base of 100, the worst level since February 2013. It fell 5.1 points in October. Production of chip-making equipment, lithium ion batteries and telecommunication devices were sluggish in particular. In the reporting month, output of construction machinery such as excavators was also weak due to the remaining impact of a supply chain disruption following Typhoon Hagibis in October. Looking forward, the office said the index of leading indicators, predicting trends in the coming months, dropped 0.7 point to 90.9 in November, down for the fourth straight month. 5. Japan's Ricoh to launch digital printer plant in China in April Japanese office equipment maker Ricoh Co. will launch a new digital data-based plant in China in April and close its two existing factories by autumn this year to concentrate and update its global production.