• Monday, October 14, 2019

Space should be the next frontier targeted by China’s tech industry

Discussion in 'China & Far East' started by cirr, Apr 10, 2015.

  1. cirr

    cirr ELITE MEMBER

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    Space should be the next frontier targeted by China’s tech industry

    C. Custer

    4 hours ago

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    Over the past few years, China’s largest tech companies – Tencent, Alibaba, etc. – have been on a massive investment kick. For example, in 2014 Alibaba invested in everything from maps to apps to soccer teams, and Tencent bought into a litany of new industries including virtual reality and film production. And individually, China’s wealthiest tech CEOs – guys like Lei Jun and Jack Ma – have also been splashing a lot of cash over the past few years. But there’s one area they haven’t really touched: space.

    Space may seem like an odd avenue for investment, since any hope for returns lies in the distant future and there are plenty of problems that need fixing right here on earth. But some of the top figures in the Silicon Valley tech scene are already putting big money into space. There’s Elon Musk’s SpaceX, for example, which Google just made a massive investment in. And there’s Jeff Bezos’s Blue Origin, which is expected to begin test flights this year.

    So why should Chinese tech companies and their founders care about the space race?

    Because they need to keep up with the Joneses. If there’s one trend that’s become increasingly obvious over the past year, it’s that China’s tech companies want to compete globally. And while we’re years, probably decades, away from space ventures like SpaceX actually being profitable, developing space technology takes a long time, and it’s a lot more difficult to emulate than a mobile app. If China’s tech companies don’t want to be left out of the private-company space race, they need to get into the game soon.

    Because our future is in space. Physicist Stephen Hawking says that humans need to leave earth and colonize space in the next 200 years: “Our only chance of long-term survival is not to remain inward-looking on planet Earth, but to spread out into space.” China’s tech CEOs ought to be more familiar than most with the risks of putting all of humanity’s eggs in one basket given the environmental devastation and violent social turmoil China has experienced over the past century. We’re obviously not ready to colonize other planets yet, but more private investment in space now could help ensure that we do reach that pointbefore a natural (or not-so-natural) disaster eliminates our species.

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    Because there are massive profits waiting. Sure, investing in space is a very long-term play, but the eventual gains could be spectacular, especially in resource collection given that the universe’s resources are almost literally infinite. And since very few governments and companies have the money to invest in space programs, competition in these areas is likely to be fairly slim, meaning that everyone who gets involved has a good chance of profiting over the long haul.

    Because they have the money for long-term investments. Sure, researching space tech is absurdly expensive and the returns lie only in the distant future. But China’s top tech founders and firms all have the money to get involved if they want to. Lei Jun, Robin Li, Jack Ma, Pony Ma, and Li Hejun all rank well above Elon Musk on the Forbes billionaires list. These are the guys who are in the best position to take Asia’s tech companies to the stars right now, if they feel so inclined. They already have plenty of shorter-term investments in their earthly portfolios and taking on a longer-term project like space travel isn’t going to bankrupt any of them.

    China’s biggest tech companies have already proved they can compete with and even best Western tech firms in everything from app creation to smartphone sales. They’re getting involved in new industries from futuristic AI research to traditional film production. The next step, I sincerely hope, will be to follow Western tech companies to the stars.

    Space should be the next frontier targeted by China’s tech industry

    Photos by NASA's Marshall Space Flight Center and NASA Goddard Space Flight Center
     
  2. Bussard Ramjet

    Bussard Ramjet SENIOR MEMBER

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    I very much appreciate large Chinese companies and the role they play. But, I think we are getting ahead of ourselves. Alibaba is largely a service based company. I won't call it a technology company. Internet is now so mainstream, that just having a business on Internet doesn't make one a technology company. Similarly, Facebook for me is not a technology compan
     
  3. cirr

    cirr ELITE MEMBER

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    During pan-Asia blitz, Xiaomi sells more than 2 million smartphones in 12 hours :enjoy:

    Josh Horwitz
    21 hours ago

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    Yesterday, to commemorate its five year in business, Chinese smartphone vendor Xiaomi held a 12-hour “fan festival” sales blitz across all of its markets. In that period, the company sold 2.12 million smartphones, raking in revenues of RMB 2.08 billion (about US$335 million).

    The company also sold 770,000 smart appliances (it sells lightbulbs, air filters, and other smart home products), 208,000 Mi Band wristbands, and 247,000 units of its newly-introduced power strips.

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    This recent sales blitz nearly doubles its record from last November’s Singles Day event. On that day Xiaomi sold 1.2 million phones – though that promotion targeted customers primarily in mainland China. Keep in mind that the fan festival promotion was only 12 hours, while Single’s Day lasted a full-day.

    Xiaomi’s flash-sale model of doling out goods serves several purposes. First, it helps gauge demand, which thereby helps the company minimize its number of unsold units. Second, it creates the illusion of scarcity, which builds up the brand hype.

    Last year Xiaomi sold over 60 million smartphones. It hopes to pass 100 million units this year.

    Xiaomi sales more than 2 million smartphones in 12 hours

    Editing by Steven Millward
     
  4. cirr

    cirr ELITE MEMBER

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    DJI reveals Phantom 3 quadcopter with 4K aerial video and a powerfully-upgraded app

    C. Custer
    12:29 am on Apr 9, 2015

    DJI - Phantom 3 产品介绍—在线播放—优酷网,视频高清在线观看 :coffee::enjoy::tup:

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    Shenzhen-based aerial camera maker DJI announced today that it will launch the latest edition in its Phantom quadcopter series, the Phantom 3. The Phantom 3 will come in two forms, “Pro” and “Advanced” versions, both of which offer some serious improvements over previous Phantom quadcams.

    The Pro version, which is priced at US$1,259, offers 4K video at framerates of 24, 25, or 30 FPS. The Advanced version costs US$999 and shoots in 1080p at framerates of up to 60 FPS. The Phantom 3 can also shoots stills in 12 MP RAW format. The company says its battery will allow for up to 23 minutes of flight.

    But the real upgrades are in the controls. DJI says it has improved everything about the hardware, making a quadcopter that’s more stable and easier to control, even when flying indoors. It has also improved its Pilot mobile app to give pilots better real-time data, including upgrades to its GPS tracking and map as well as allowing for a live HD video feed from the camera.

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    That video makes it easier for Phantom 3 users to see what they’re shooting, but the app now also supports direct livestreaming to Youtube and Youku. That means you can share your aerial video with the world in real time, as you’re shooting it. “It’s gonna be a revolution,” a DJI spokesman said at the event.

    The Pilot app also has some other cool new features. It now comes with a “flight simulator” training mode that allows you to practice flying the Phantom without fear of crashing it. It also has a new “Director” editing mode that DJI promises will automatically edit videos as you shoot them, based on highlights you mark while recording. Then as soon as you’re finished you get an automatically-edited montage video of your best shots, complete with music.

    DJI’s Eric Chang called the Phantom 3 “the most revolutionary consumer quadcopter in history.” It was a strong statement in a presentation full of hyperbole (sorry DJI, today’s event was not “an iconic event in technology”), but Chang might actually be right. The Phantom 3 looks to put professional quality 4K aerial photography and videography well within the reach of consumer enthusiasts.

    DJI reveals Phantom 3 quadcopter with 4K aerial video
     
  5. cirr

    cirr ELITE MEMBER

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    Midea to launch WeChat-controlled smart air-conditioner

    OFweek | Posted: 10 Apr 2015, 16:01

    Recently, Midea Group announced that the company has entered into cooperation with Tencent WeChat platform, and completed the development of the first version of the M-Smart compatible, WeChat-controlled intelligent air conditioning system.

    Midea released the smart home strategy "M-Smart" in 2014. This time, Midea teamed up with Tencent and prepared to launch a smart air-conditioner compatible with M-Smart platform and WeChat platform, which indicated that Midea would have a more open attitude to promote its smart strategy.

    Although it is increasingly evident that intelligent appliance has become a trend, yet it still has not strong enough user stickiness. Midea chooses to cooperate with WeChat, a social interaction platform with more than 600 million users, and the company is trying to break this bottleneck.

    Midea to launch WeChat-controlled smart air-conditioner - OFweek News
     
  6. TaiShang

    TaiShang ELITE MEMBER

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    Huawei, Pins to develop Smart City project in Bandung
    Monday 6 April 2015 | 09:24 CET | News

    Huawei entered into a cooperation agreement with Pins Indonesia for providing infrastructure building using Huawei Smart City products during Indonesian-China Economic Corporation Forum, held in Beijing, China.

    The project will include Huawei video analytics and city’s surveillance platform to monitor traffic conditions and crime-prone locations and tourists locations, high density Wi-Fi platform to cover crime hotspots and tourist locations for mobile network hub, Emergency Command Center (ECC) with Multi-Channel Incidents reporting for citizens and emergency response system and platforms for police department to react to incidents or dispatch response teams. In addition, Collaboration Pins & Huawei project will also be providing class-leading Unified Communication and Video Conference for efficient Cross-Departmental Communication and Collaboration and Huawei’s energy saving platform.

    In this long-term strategy corporation, Pins as a managed services company who have the portfolio of Enterprise Network Service, will collaborate with Huawei for ICT building infrastructure for the purpose of providing a desirable living conditions made possible by Huawei Smart City.
     
  7. Hamartia Antidote

    Hamartia Antidote ELITE MEMBER

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    You can already buy Smart Air conditioners

     
  8. TaiShang

    TaiShang ELITE MEMBER

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    Smart platforms the new battlefield for Chinese firms
    • Staff Reporter
    • 2015-04-09
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    A photo illustration of the competition between Alibaba and JD.com. (Photo/CFP)

    The latest ventures by e-commerce rivals Alibaba and JD.com into smart hardware and platforms reflect the fierce competition among Chinese companies to position themselves for the next big thing in the market, according to China Entrepreneur magazine.

    Alibaba recently set up a smart life business by integrating the electronics unit of its online retail store TMall, its cloud computing service Aliyun and the crowdfunding service of its Taobao unit.

    Through the new smart life business, Alibaba plans to build an incubator and a portal of smart hardware, the magazine said.

    Rival online retailer JD.com or Jingdong Mall earlier this month launched a crowdfunding platform, a startup investment fund and an academy to encourage entrepreneurship, with the focus also on smart devices.

    These new ventures, the magazine said, are part of plans by Alibaba and JD.com to build their own smart platforms that will connect devices and appliances in people's daily life.

    Alibaba and JD.com are not the only ones in the smart platform business, since handset maker Xiaomi in 2013 set up similar operations, and home appliance manufacturers Haier and Midea recently did the same, the magazine said.

    Those companies have entered the business to tap into the smart homeware market that is forecast by Juniper Research to grow to nearly 140 billion yuan (US$22.8 billion) a year by 2018, according to the magazine.

    At the annual Appliance & Electronics World Expo in Shanghai in March, Haier unveiled its U+ platform, which involves over 100 companies, including Intel and Alibaba, and offers products in seven categories, such as scales and smart watches.

    Haier's approach of working with other manufacturers, which has been adopted by Midea, Alibaba, JD and Xiaomi, signals that companies have turned their focus to building smart platforms as a portal for users, since almost anyone can enter the business of manufacturing.

    The effort is especially focused on home appliance manufacturers, who saw a 7% drop in TV sales sets in 2014, the first decline in 30 years. The also saw a buildup of inventory of air conditioners, sales of which are forecast to only grow 5% this year.

    Meanwhile, these companies are still trying to remain in control by insisting that their partners use their modules to connect to the platform, with JD having invested in chip and component manufacturers.

    Xiaomi has begun building a closed ecosystem after unveiling a plan to invest in 100 other companies that produce Xiaomi-affiliated products, such as routers and mobile chargers, the magazine said.

    Na Xing, vice president of JD.com's smart business group, said it will take two to three years before any winners will emerge in the platform business competition, which has heated up over the past six months.

    There are probably only two to three platforms left, since there is not enough room for too many players, said the report, citing industry insiders.
     
  9. Jlaw

    Jlaw ELITE MEMBER

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    It doesn't hurt to consider space. We already missed out when we had the biggest navy in the world.