Panasonic’s Research Center in China’s Smart City

The president of Panasonic, KazuhiroTsuga stated that Panasonic has introduced research center in Xiongan New Area in China which is a new smart city being constructed outside Beijing. He further stated that in light of China being a continual growth arena for Panasonic, the company aims to increasing the sales in China in competence with Panasonic’s home market in Japan, by the year 2030.

The focal point of the research centers opening remains the company’s adaption and incorporation of artificial intelligence in homes and vehicles. The Xiongan project in signature of President Xi Jinping, would play a crucial role in Panasonic’s commitment to China.

While discussing Panasonics strategic management plan through 2030, Tsuga stated that China provides major room for growth to the company. The company would therefore, drive innovations by joining force with pioneering companies in China. He stated that taken into consideration, the population in China, the company must grow business operations such that of Japan.

With sales revenue of 800 billion Yen recorded in 201, Panasonic aims to raise this number to over 2 trillion ($17. Billion) Yen by the year 2030. The company has also defined a sales goal for the year 2020 of 1.2 trillion Yen to 1.3 trillion Yen.

With this research center, Panasonic would aspire orders for residential systems and products which use artificial intelligence for improving safety and energy efficiency of households. Apart from this, Panasonic would develop data systems for self-driving vehicles together with Baidu, a Chinese online search leader.

AU$12 million deal between Optus Business and CSR

Optus Business has announced a AU$12 million deal with the Australian Industrial Company CSR, which is a contract for providing data, voice, and mobile services for CSR Limited. This contract binds Optus Business to provide aforementioned services for a span of 3.5 years to the 150 CSR sites across the Australian territory.

Managing director of Optus Business, John Paitaridis stated that technology is transforming the work is done and how businesses function bringing in the need for scalable, high capacity, resilient enterprise grade network. Many enterprises including CSR are rapidly working towards growing volume of data needed for harnessing latest technology developments that change the way employees and customers engage and interact with enterprises.

Optus Business stated that the network is a suitable environment for latency-sensitive and bandwidth-intensive business applications and the new mobility capability provides the businesses with cost assurance. Apart from CSR other enterprises have also showcased interest in the capabilities of Optus Business. The company had also announced being chosen by New South Wales government for providing fixed data, voice and internet service offerings for over five years which is a part of the government’s Telecommunications Purchasing Arrangements.

The general manager at CSR for enterprise IT Craig Butriss stated that the company continues to invent in its technology in order to deliver best experience for their customers and employees. CSR team needed cost-competitive and scalable network as they recognized the significance of data for their business. He further added that Optus Business services would offer a robust foundation for their IT strategy

Recent Studies Show Nail chewing can harm your Health

Many of us have a habit of chewing nails. But no matter how much we try, this habit does not leave because it damages our health. Not only this, but the nail chewing habit also tells a lot about your personality. If you chew nails, then the reason behind this may be to believe in your perfection. Such a research has been said.

By now most people thought that if a person chews nails, it means that he is nervous or worried. However, according to a study published in the Journal of Behavior Therapy and Experimental Psychiatry, people who chew nails have the possibility of being a perfectionist.

In addition, stomach / CT test was done to cure coronary calcium. Based on the risk factors given in coronary calcium and their medical records, three different atherosclerotic cardiovascular disease risk scores were observed.

According to a recent study, coronary calcium levels in the patient’s body can be ascertained by blocking arteries such as coronary diseases and the danger of heart attack. This study was presented in the American Heart Association Scientific Sessions 2018. Significantly, the number of people suffering from heart-related diseases is increasing.

In research, 1107 patients were studied by the Intermountain Medical Center Heart Institute. In these patients, no coronary disease was previously identified. PET-stress test was done to test them.

This study was studied on a group of 48 people in which more than half of people had a serious habit of chewing nails. For all the participants, some situations which created tension and special feelings like Bordam were created, and in these circumstances, changes in their behavior were notices.

The research concludes that those who prefer to bring their work to work, were feeling more troubled during these circumstances and chewing nails was the reason for this problem.

Samsung BioLogics announces the completion of contract with U.S. Biogen

The transfer of assets with regard to Samsung Bioepis call option contract was announced by the company on Tuesday which was with the U.S. Biogen. With respect to this contract, Samsung BioLogics would transfer 9,226,668 shares of Samsung Bioepis to Biogen which along with interest on equity shares and acquired share price are worth $677.2 million. Biogen would manage Samsung Bioepis post completion of the call option contract.

CEO, Samsung BioLogics, Kim Tae-han said that with the biosimilar business was able to achieve considerable results even initially, with this joint venture with Biogen. They would further work towards remaining a successful joint venture with a globally recognized biotechnology company with close cooperation in the coming years as they begin a complete management system by ending this transfer of assets, Kim added.

The company would delete its assets worth 2.2 trillion won to be sold and derivative liabilities worth 1.9 trillion won that are being reflected in the present financial statement. Moreover, the company would register a 414.2 billion in the fourth quarter of the year, of non-operating income which is acquired from subsidiary disposal.

Samsung BioLogics owned a 91.2 percent stake in the Samsung Bioepis by 2015-end and turned it into an affiliate entity ahead of its initial public offerings on November 10. 2016. Samsung BioLogics gained profit post the change in the company value of Samsung Bioepis from acquisition value, also known as book value or fair value.

The cash equivalents assets and cash assets would witness a rise to 1.2 trillion won from 477.9 billion won, with a decline in debt ratio to 42.6 percent from 94.6 percent.

NZ startup to expand with a AU$500k Fund

A New Zealand company, Dotterel Technologies announced a fund of AU$500k round which was led by some strategic investors. The company is a startup that is known for developing audio recording technology and noise reduction for drones. With this fund, the company plans to extend its patent protection, expand the team, strengthen their research and development avenue, and increase the capabilities of their production for their future prospects and next-generation product offerings.

The COO and Co-founder of Dotterel Technologies, Shaun Edlin, this fund acts as a vital strategy for the company as it brings the opportunity of bringing a talented workforce into the company for developing new products and further extend their patent protection. Post its Techstars Adelaide defense accelerator program, Dotterel Technologies has achieved an exposure to mentors that have a high caliber and the startup firm could build a network in the global defense sector.

Edlin further added that in the defense and security, drones need stealth, while the noise prevents its use in residential areas in terms of the logistics application of drones. He further stated that, regulations for UAVs and drones is transforming around the world in which, noise-mitigation would become a necessity. Dotterel’s technology would gain an opportunity to become an industry standard for the drone of the future generation, being a first mover.

The company is currently discussing with the top investors and focuses of closing the seed funding of over NZ$1 million in the month of February. Moreover, Dotterel Technologies is exploring collaboration projects with major defense and corporate teams in the coming future.