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Tag: Technology

Retail Asia01/02/2019
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Living

LG and Naver agree to work together on guide robot

2min0
LG Electronics and portal operator Naver Wednesday agreed to jointly develop an advanced guidance robot based on the high-tech mobility platform. LG Electronics and Naver’s R&D subsidiary signed a memorandum of understanding (MOU) to collaborate on research and development of robot technology, expanding on their discussions made during the recent Consumer Electronics Show (CES) in […]
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Retail Asia29/01/2019
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Automotive

Hyundai Mobis net swings to positive in Q4

2min0
Hyundai Mobis, Korea’s biggest auto parts maker, said Friday it shifted to net profit in the October-December period due to a low base effect. A net profit of 419.8 billion won ($374.1 million) was achieved for the three months that ended in December, from a net loss of 168.6 billion won a year earlier, the […]
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Retail Asia29/01/2019
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Research

How to deal with centennials

12min0
All eyes are on Southeast Asia as the world’s next consumer powerhouse, with its young population and increasing purchasing power. Almost 280 million centennials – those born since 1995, also known as Generation Z, currently call this region home. While the size of this new generation alone makes them attractive prospects for retailers, their distinct […]
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Retail Asia25/01/2019
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Food

Taoyuanming Shanghai tests automated stores

4min0
Swedish-Chinese firm MobyMart is expanding its automated store format in China in collaboration with Shanghai fruit retailer Taoyuanming. Two stores are operating, one in Hefei and one outside Shanghai. While expansion in the region is the firm’s priority this year, its long-term sights are set on Europe and North America. According to brand co-founder Per […]
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Retail Asia25/01/2019
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Automotive

Hyundai Motor offering a bigger, better Universe

1min0
Hyundai’s Universe is about to get bigger. Hyundai Motor unveiled an updated version of its luxury coach, the Universe, on Tuesday, increasing its size and adding safety features. The updated coach, scheduled for release next March, has an extended wheelbase of 12.5 meters (41 feet), 0.5 meters longer than the existing model. Distance between seats […]
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Retail Asia24/01/2019
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General

Tech sector forecast to see slower growth ahead

4min0
Hong Leong Investment Bank (HLIB) Research anticipates slower growth in the technology sector due to downside risks in the macro environment coupled with waning data trends. However, it expects automotive and Internet of Things (IoT) to take the forefront while smartphone takes a backseat. The research house said in a note that for the first […]
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Retail Asia24/01/2019
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Living

Pricerite shows how it embraces robotic technology

13min0
A lot of Hong Kong retailers are talking about technology right now, but before they even started, Pricerite founder and chairman Bankee Kwan was already embracing it. Now home to the first Pepper robot on customer service duty in a Hong Kong store and leading-edge online apps allowing shoppers to virtually place furniture in their […]
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Retail Asia24/01/2019
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E-Tailing

AirPass helps Aussie retailers woo Chinese shoppers

4min0
Recently, Australia fintech company AirPay Financial Technologies announced its regional collaboration with China leading mobile payment technology company SwiftPass to form a new lifestyle brand “AirPass”. Connecting Australian merchants directly with Chinese consumers, AirPass lets local retailers accept WeChat Pay and Alipay both online and offline, as well as reach overseas markets to make the […]
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Retail Asia24/01/2019
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Logistics

JD.com has just marked a breakthrough for drone delivery in Southeast Asia

5min0
JD.com announced the completion of Indonesia’s first government approved drone flight – a breakthrough for drone delivery in Southeast Asia. The successful pilot opens the door for future commercial drone use in Indonesia and the Southeast Asia region, subject to further regulatory approvals. Representatives from Indonesia’s Ministry of Transportation, Civil Aviation and Air Navigation were […]
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Retail Asia24/01/2019
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Electronics

Samsung factories ready to make 5G and foldable phones

5min0
Samsung Electronics is ready to roll out both 5G and foldable phones, two of most highly-anticipated products from the electronics company. While Samsung has already announced a plan to introduce new Galaxy phones at an unpacking event next month in San Francisco, it is confirmed on Tuesday that Samsung’s global production base in Vietnam has completed […]
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Retail Asia24/01/2019
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Automotive

KT, Hyundai Mobis join to develop connected-car tech

1min0
KT said Thursday that it will collaborate with Hyundai Mobis to develop self-driving and connected-car technology.  The two companies agreed to work on real-time navigation technology and vehicle-to-everything technology, which will allow cars to communicate with connected devices. To enable development, the telecommunications company said it will install 5G infrastructure at the Hyundai Mobis test-drive course […]
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Retail Asia23/01/2019
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Automotive

Mercedes EV to launch in Korea

4min0
Mercedes-Benz Korea is setting its sights on the local eco-friendly auto market with the introduction of an all-electric vehicle (EV) along with hybrid offerings this year. The Korean unit of the German brand announced Thursday that it will be introducing 14 new models to the local market this year including the EQC, the first model […]
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Retail Asia22/01/2019
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Telecom

Seoul, SKT to add 5G to transport system

4min0
Sensors on roads will be able to alert cars when people are jaywalking and bus stops will tell buses to slow down in crowded areas when Seoul’s 5G infrastructure is ready, the city’s government and SK Telecom said in a joint statement Thursday. The Seoul Metropolitan Government and SK Telecom have teamed up on an […]
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Retail Asia17/01/2019
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Living

AS Watson reports success with predictive modelling marketing

6min0
International health and beauty retailer AS Watson Group says its use of predictive modelling technology is delivering successful product launches. The firm has worked in close partnership with brands to help them penetrate specific demographics or enter new markets. Recently this included Jeffree Star Cosmetics launching exclusively at ICI Paris XL in Europe, and in […]
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Retail Asia16/01/2019
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Telecom

Telenor Pakistan hosts “The future of Machine Leaning & Artificial Intelligence”

5min0
Stephen Brobst, CTO of Teradata, conducted an enlightening session on the future of Machine Learning (ML) &Artificial Intelligence (AI) at Telenor Pakistan headquarters ‘345’ in Islamabad. The session was attended by Telenor Pakistan employees and executives from across industries including Irfan Wahab Khan, CEO Telenor Pakistan and President OICCI, Haroon Bhatti, Chief Business Officer (CBO) […]
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Retail Asia16/01/2019
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Logistics

GreyOrange to launch new products at LogiMAT 2019

3min0
Robotics and warehouse automation company, GreyOrange, will launch its new modular sortation system and demonstrate upgraded versions of its Butler and PickPal at LogiMAT 2019, the 17th International Trade Fair for Intralogistics Solutions and Process Management in Stuttgart, Germany on 19-21 February. Nowadays, retailers and logistics businesses face many new kinds of complexities and challenges […]
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