© Hailo Business | August 31, 2020
AI chipmaker Hailo opens Japan subsidiary
The company is accelerating its global expansion with establishment of Hailo Japan G.K. in Tokyo and appoints former Sony executive Hiro Uchida as President
Israeli AI chipmaker, Hailo, is expanding with the establishment of Hailo Japan G.K., a wholly owned subsidiary located in Tokyo. Hiro Uchida, a former Sony executive, has been appointed President to lead the operation. The new subsidiary is part of Hailo's ongoing growth strategy, including strengthening partnerships and relationships with existing customers in Japan and expanding into Asia-Pacific markets. In response to growing demand from Japanese customers developing products requiring AI technology at the edge, the new subsidiary will allow Hailo to better serve current customers and continue to grow in market segments such as automotive, smart cities, smart retail, smart homes, industry 4.0, and beyond. The expansion comes in the wake of Hailo's USD 60 million Series B funding round, in which Japanese Corporation NEC joined as a strategic investor. Hailo also recently established key partnerships with Socionext, a major provider of advanced SoC solutions for video and imaging systems headquartered in Japan, and Foxconn to launch a next-generation AI processing solution for video analytics at the edge. Hailo's specialised Hailo-8 Deep Learning Processor features up to 26 Tera Operations Per Second (TOPS). The chip is built with an architecture that enables edge devices to run sophisticated deep learning applications that could previously only run on the cloud. Its structure translates into higher performance, lower power, and minimal latency, enabling enhanced privacy and better reliability for smart devices operating at the edge, a press release reads. "I am excited to be part of Hailo's team and am looking forward to building a strong foundation to lead our business development in this pivotal arena," says Hiro Uchida. "There is no doubt that deep learning at the edge will be embedded in almost all of the products and services we use on a daily basis, while providing us with improved safety and better quality of life. Hailo is spearheading the next generation of deep learning and I look forward to working closely with our customers and partners to innovate industries across the board." Hiro Uchida brings 30+ years of experience as a technology and business leader, including helping build Sony's Corporate Venture Capital fund (Strategic Venture Investment) and investing in innovative startups worldwide. After serving in multiple management and operational positions at Sony, Hiro Uchida held key positions at tech companies including as President of SiTime KK and President of Tessera Technologies Japan GK. "We look forward to expanding Hailo's presence in the Asia-Pacific region, which continues to show significant growth in the AI sector," says Orr Danon, CEO of Hailo. "Our new subsidiary in Japan will enable us to strengthen relationships and collaborations with our Japanese-based customers and partners, and to create new opportunities together. Many of the world's leading companies integrating Artificial Intelligence into their edge devices are based in Japan, and we are excited to empower their products with our groundbreaking Hailo-8 Deep Learning chip. Hiro Uchida's leadership, rich experience, innovative spirit and in-depth knowledge of the business/technology ecosystem will allow us to enhance our presence in the Japanese market."
Edwards officially opens new technology centre in Ireland Edwards, a supplier of vacuum and abatement services and solutions to the global semiconductor industry, Officially opened its new flagship Service Technology Centre (STC) in Blanchardstown, Dublin in mid September.
Jenoptik acquires Berliner Glas Medical and SwissOptic Jenoptik strengthens its global photonics business via the acquisition of Berliner Glas Medical and SwissOptic.
Sponsored content by congatec GmbHReal-time Ethernet for all The real-time processing of data for OPC UA, as well as many other tactile Internet applications, are coming up fast as important new areas of industrial communication. This is due in large part to the emergence of 5G technologies and the increase in factories installing 10+ GbE networks. The stranglehold that many established proprietary industrial Ethernet installations have had for so many years is now starting to be released by Time-Sensitive Networking (TSN), which is ushering in these real-time applications.
PragmatIC Semiconductor raises $80 million in funding PragmatIC Semiconductor, a company dealing in flexible electronics, has secured USD 80 million of Series C funding. The company says it will use the funds to add to its capacity in the UK.
Taiyo Yuden expands MLCC production in Malaysia Japanese manufacturer Taiyo Yuden, will invest MYR 680 million (EUR 140 million) to expand its multilayer ceramic capacitors manufacturing facility in Kuching, Malaysia as the company is looking to increase its production capacity in the ASEAN region.
Hyundai Motor working on developing its own chips in-house The automotive industry has taken a hard hit from the current semiconductor shortage. One automaker that's had enough is South Korea's Hyundai Motor, who is now looking to develop its on semiconductor chips in order to cut reliance on others.
Sivers Semi is gearing up for growth – acquires MixComm Swedish technology company, Sivers Semiconductors, is looking to take pole position 5G mmWave semiconductors, and the company is taking a major step with the acquisition of US-based mmWave challenger, MixComm Inc.
Sponsored content by Shenzen Kinwong ElectronicThe development trend of printed circuit board products and Kinwong's solution With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
Keeping EMI from LED drivers under control Question: How can I reduce electromagnetic interference when using LED drivers in lighting design?
AT&S continues to invest – 700 new jobs to be created The Austrian electronics specialist says it will invest EUR 500 million in its Leoben location over the next few years. The investment will see the creation of 700 new jobs.
TSMC's looking to expand with new chip plant in Japan During an online earnings briefing, TSMC CEO C. C. Wei, announced the company's intention to build a specialty technology fab in Japan.
Bosch to set up R&D centre for automotive electronics in Ireland The German engineering and technology company has announced that it will establish an automotive R&D centre in Limerick, Ireland, creating over 30 new jobs over the course of the next two year.
RFMW and CML Microcircuits ink global distribution agreement RFMW and CML Microcircuits (USA) Inc. announces that the companies are expanding their business relationship. Their existing distribution agreement has now been widened to include global marketing and sales of the CML product portfolio.
New Yorker Electronics acquires Omni-Pro Franchised distributor of passive electronic components and discrete semiconductors, New Yorker Electronics, announces that it has acquired Omni Pro Electronics, Inc., an electronic component distributor, located in Addison, Texas.
Pepperl+Fuchs adds to its capacity with a new facility Pepperl+Fuchs has officially opened its new production site in Trutnov, Czech Republic. This marks the conclusion of a project which started in 2019 and will allow the company to strengthen its position as a producer of industrial sensors.
RISC-V player announces expansion of US operation Andes Technology USA Corp., the HQ of the North America operations of Taiwan-based Andes Technology Corporation, a supplier a RISC-V processor cores, is planning a major expansion of Its US operation.
NXP Semiconductors names new CFO NXP Semiconductors announces that the company names Bill Betz has been named NXP’s Executive Vice President and Chief Financial Officer, effective immediately.
GlobalWafers / Siltronic deal gets a green light from the US GlobalWafers has provided an update regarding its ts all-cash tender offer for the outstanding ordinary shares of Siltronic AG.
Samsung starts mass production of its 14nm EUV DDR5 DRAM Samsung Electronics says that it has begun mass producing its 14-nanometer DRAM, based on extreme ultraviolet (EUV) technology.
Schurter completes its latest Swiss expansion The new construction and conversion of the Schurter Group headquarters in Lucerne, Switzerland has been completed.
Sponsored content by Nordson ELECTRONICS SOLUTIONSThere’s a better way to dispense thermal gap filler. We hear a lot about the advancement, properties, and use of dispensable thermal interface materials (TIM) to keep devices cool. But what about the dispensing process? If you're choosing a dispensable thermal gap filler for your application, download our new guide.
UK is off the table for potential Intel fab after Brexit The UK would have been a potential site for an Intel fab, but not after Brexit, Intel CEO Pat Gelsinger told the BBC.
Solution from Fingerprint Cards integrated in new Honor MagicBook Swedish biometrics company, Fingerprint Cards, announces that the the company’s new biometric solution for the PC market is integrated in the new HONOR MagicBook V14.
Kanthal sells its semiconductor capital equipment business Heating technology company Kanthal announces that it has reached an agreement to divest its semiconductor capital equipment business to Yield Engineering Systems, Inc. (YES), headquartered in Fremont, California, USA.
GaN power IC supplier opens new office in China Navitas Semiconductor, a provider of gallium nitride (GaN) power ICs, has opened a new office in Shenzhen, China which offers the company 300% increase in capabilities to support revenue growth in the region.
Generating very low voltages with standard regulators Question: What is a good solution for generating a tiny dc supply voltage of a few hundred millivolts?
SiPearl opens new design center in France Microprocessor designer SiPearl has opened yet another European design center, this time in Grenoble, France.
Infineon plans to increase investments by 50% next year The German chip manufacturer has provided its investors with an update on its strategy, business performance and long-term perspective as well as on the outlook for the fiscal year 2022.Load more news