Tag: Tier 1 Suppliers

Hyundai Mobis Secures the First Deep Learning Image Recognition Camera Sensor in Korea

SEOUL, South Korea–(BUSINESS WIRE)–On March 31, Hyundai Mobis (KRX:012330), announced during its meeting at the KINTEX Seoul Motor Show that the company would be the first in Korea to secure the global-caliber ‘deep learning-based high-performance image recognition technology’ for recognizing vehicles, pedestrians and geographical features of the road by the end of the year, and… Continue reading Hyundai Mobis Secures the First Deep Learning Image Recognition Camera Sensor in Korea

Press: Predictive Maintenance Provides Keys for Intelligent and Efficient Industrial Technology

ZF offers a broad portfolio of digitalization solutions for industrial use Predictive maintenance adapts maintenance intervals to suit the intensity of use Shorter, predictable downtimes reduce costs for operators of ropeways, wind turbines and rail vehicles and increase their availability Friedrichshafen/Hanover, Germany. ZF use their extensive system and networking expertise to bring predictive maintenance to… Continue reading Press: Predictive Maintenance Provides Keys for Intelligent and Efficient Industrial Technology

Faurecia employees fight participation in the transformation

Their plant is to be converted into a modern digital pilot operation, fully automated, with robots. It starts on April 1st. In the next two years, the automotive supplier Faurecia is investing 1.3 million euros in its location in Scheuerfeld, Rhineland-Palatinate, where nearly 300 employees produce instrument panels for Mercedes, Opel and Volvo. The employees… Continue reading Faurecia employees fight participation in the transformation

Magna Posts 2018 Annual Report

AURORA, Ontario, March 29, 2019 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2018 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com.  Magna has also filed these documents with the… Continue reading Magna Posts 2018 Annual Report

Magna Closes Sale of Fluid Pressure & Controls Business to Hanon Systems

AURORA, Ontario, March 29, 2019 (GLOBE NEWSWIRE) — Magna announced today that it has completed the sale of its Fluid Pressure & Controls (FP&C) business to Hanon Systems, a South Korea-based global supplier of thermal and energy management systems, as previously announced.INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relationslouis.tonelli@magna.com, (+1) 905.726.7035MEDIA CONTACTTracy Fuerst, Global Director of Corporate… Continue reading Magna Closes Sale of Fluid Pressure & Controls Business to Hanon Systems

Honeywell To Release First Quarter Financial Results And Hold Its Investor Conference Call On Thursday, April 18

MORRIS PLAINS, N.J., March 28, 2019 /PRNewswire/ — Honeywell (NYSE: HON) will issue its first quarter financial results before the opening of The New York Stock Exchange on Thursday, April 18. The company will also hold a conference call with investors at 8:30 a.m. EDT. Conference Call Details To participate on the conference call, please dial… Continue reading Honeywell To Release First Quarter Financial Results And Hold Its Investor Conference Call On Thursday, April 18