Products | April 22, 2020
Next generation IoT services are developed in Oulu
A new generation IoT hub developed by UROS and Qualcomm will open in Oulu, Finland. The Innovation Center is the first facility in Finland to utilize private 5G network in IoT product development and validation.
This is a product release announcement by UROS. The issuer is solely responsible for its content.
The private 5G network, deployed by Finnish operator Elisa, is already up and running and will serve all IoT ecosystem partners at the Innovation Center. The forthcoming Innovation Center established by UROS and Qualcomm will be a state-of-the-art facility utilizing IoT products and services from Qualcomm Technologies and Elisa´s 5G mobile network. Allowing various teams to collaborate and work together with UROS in a live environment, the center accelerates IoT technology creation and adaptation for real-world solutions. Elisa´s private network guarantees its users stable network speed and great capacity and provides the new center with perfect conditions for IoT solution development. The Innovation Center is targeted at start-ups, established companies (OEMs and ODMs) as well as universities as a place to promote IP generation and monetization of solutions with a quick-turn platform offering, focusing on e.g. artificial intelligence (AI), wearables, smart cities, robotics, drones, industrial IoT and automotive. 5G enables new IoT applications 5G technology will take IoT to the next level with the capability to support an extremely high density of IoT devices in a small area, targeting up to a million devices per square kilometre. It will also be able to provide a connection of ultra-low latency and exceptionally high reliability. In addition to massive IoT, 5G will enable mission critical services such as remote controlled automotives and digital healthcare, expected to lead to the next industrial revolution. “5G connectivity is a vital enabler for industry digitalisation with Cellular IoT. Elisa has been an excellent partner for the deployment of the new private 5G network at the Innovation Center, well on schedule and with the desired performance. With this added premium functionality, we strive to offer the best-in-class innovation environment for the stakeholders in our IoT ecosystem”, says Rauno Jokelainen, CTO of UROS Group. “Elisa is very excited about this collaboration with UROS in the brand new field of 5G. We get very valuable experiences on the usage of 5G technologies also for private networks and massive IoT”, says Eetu Prieur, Director of Elisa’s Mobile Solutions. The Innovation Center will be inaugurated later in 2020. In addition to private networks, Elisa is continuing to build the national 5G mobile network with great speed. Elisa´s 5G network has already been opened in 17 cities all across Finland, Rauma being the latest addition to the Elisa 5G family.
ASML ships first-generation multibeam inspection system ‘eScan1000’ ASML Holding NV says that it has completed system integration and testing of its first-generation HMI multibeam inspection (MBI) system for 5 nm nodes and beyond.
Cognex takes measures to counter deteriorating market conditions Machine vision technology provider, Cognex Corporation, says it is taking significant steps to reducing expenses due to deteriorating market conditions and to position the company for growth when conditions improve.
Verkotan selects PWC technology from Rohde & Schwarz Test and measurement specialist Rohde & Schwarz has recently introduced the R&S PWC200, the first plane wave converter (PWC) on the market. Verkotan is the first independent test house to choose this technology to test 5G NR FR1 base stations over-the-air (OTA).
Kurt Sievers takes the helm at NXP At its annual general meeting of shareholders, the appointment of Kurt Sievers as the company’s next CEO was overwhelmingly approved.
Excelitas’ Qioptiq subsidiary expands with new plant Excelitas Technologies, a company delivering photonic solutions, sats that its Qioptiq subsidiary held a ground-breaking ceremony last week to mark the beginning of construction for a new factory in Göttingen, Germany.
Farnell adds Sorensen power supplies to its roster Distributor Farnell announces that it has added Sorensen, the premier DC programmable power supply brand from Ametek, to its range of power supplies.
Infineon raises EUR 1 billion following successful share placement Infineon informs that the company placed 55 million new shares, following an accelerated bookbuilding process with institutional investors, under the exclusion of subscription rights. The shares were placed at a price of EUR19.30 per share, meaning that the company managed to raise EUR 1.06 billion.
Skeleton Technologies strengthens management with new COO Skeleton Technologies has appointed Ants Vill, former Vice President of Product, as Chief Operating Officer.
SiPearl chooses Germany for its first international operational subsidiary SiPearl, a designer of the microprocessor for the European exascale supercomputer, is opening its first international subsidiary in Duisburg, in the Ruhr region, Germany, in order to build closer connections with its German partners and future clients.
DELO reports increased revenues despite current pandemic DELO closed the financial year that ended on March 31 with a turnover of EUR 163 million. This is an increase of almost 5% compared to the previous year (EUR 156 million).
China falls far short of its "Made-in-China 2025" goal IC production in China represented 15.7% of its $125 billion IC market in 2019, up only slightly from 15.1% five years earlier in 2014. IC Insights forecasts that this share will increase by 5.0 percentage points to 20.7% in 2024 (one percentage point per year on average).
COVID-19 highlights the gravity of the secondary market for SME Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
GlobalFoundries to implement ITAR at US manufacturing facility GlobalFoundries plans to implement export control security measures at its most advanced manufacturing facility, Fab 8, in Malta, New York.
Rebound Electronics expands in Asia The independent supplier of electronic components says it is investing to increase its market coverage in Asia with the opening of several new offices and setting up a customer service & telesales centre.
Samsung expands foundry capacity with new production line Samsung Electronics says that it plans to boost its foundry capacity at the company's new production line in Pyeongtaek, Korea, to meet growing global demand for extreme ultraviolet (EUV) solutions.
Super Dry Totech expands Long Term Storage Solutions offering The most recent development for Super Dry Totech, is the acquisition of a new building to expand on capacity & to minimise risk by assuring continuity should a disrupting incident occur in one of the facilities.
Ynvisible acquires electrochromic display company rdot Printed electronics specialist, Ynvisible Interactive, announces that it will acquire the printed electrochromic displays business of rdot AB of Gothenburg, Sweden.Load more news
- Rolls-Royce takes heavy hit from COVID-19 – reduces workforce by 9000
- COVID-19 highlights the gravity of the secondary market for SME
- Data Link Solutions to provide MIDS cabinet terminals to US Navy
- China falls far short of its "Made-in-China 2025" goal
- GlobalFoundries to implement ITAR at US manufacturing facility