Category: ECP

Altair Picks Malaysia As Hub In Southeast Asia

— Regional Office in Kuala Lumpur to Focus on Innovative Product Design

TROY, Mich., Aug. 28, 2014 /PRNewswire/ — Altair Engineering Sdn Bhd, a wholly-owned subsidiary of leading US-based simulation technology and engineering services company Altair, has chosen Kuala Lumpur as its new regional headquarters to spearhead its expansion plan in Southeast Asia. The new office in Plaza Sentral will also serve as Altair’s training and technical support center for the region.

Altair’s Managing Director for the Association of Southeast Asian Nations (ASEAN) region, Australia and New Zealand, Srirangam Srirangarajan, explained, “The new office in Kuala Lumpur is significant to Altair’s future growth in Southeast Asia. We are confident that this expansion will enhance our local presence and help us penetrate new market segments such as electronics and aerospace. Malaysia’s robust infrastructure, open policy to foreign business, strong talent pool and connectivity with other ASEAN markets makes it the ideal location for Altair’s regional operation. In addition, Malaysia has the potential to produce innovatively designed products that can compete at an international level, and Altair is happy to lend its experience and expertise towards achieving this goal,” he said.

Altair Engineering Sdn Bhd is a MSC-status company and number one in computer-aided engineering (CAE) in Southeast Asia, providing both software and engineering services. Altair has served the Malaysian market since 2012, providing a rich portfolio of advanced engineering software and on-demand computing technologies to both private and public sector clients.

Commenting about the company’s expansion plans, Srirangam continued, “According to our market research, the CAE market is growing rapidly in Malaysia and throughout Southeast Asia. We are seeing CAE technologies moving aggressively into non-traditional domains like consumer products, architecture, civil engineering, and construction, to name a few.”

Local businesses are feeling increasing global competitive pressure to deliver reliable products quickly while keeping costs low. CAE solutions bridge the gap by reducing product design and development cycle time as well as testing and analysis time.

“As Malaysia moves towards establishing itself as a high-technology manufacturing hub, companies in the aerospace, biotechnology, electronics, and information and communications technology industries are turning to CAE software to improve the quality of innovation and maintain cost-efficiency. CAE software enables companies to analyze and test a product for reliability, durability and quality, which helps increase their competitive edge,” he added.

Commenting on local growth areas, Srirangam said, “In Malaysia, we see very good prospects in the automotive, manufacturing, and oil and gas sectors. Malaysia also has the capacity to become a major player in aerospace and electronics. Altair is committed to bringing innovation to our clients. We believe that sharing our expertise and technical know-how to help clients develop a design-based innovation culture within their organizations delivers increased return on investment and performance,” he concluded.

Altair Engineering Sdn Bhd’s new ASEAN regional headquarters is located at 3B-10-7, Tower 3B, Level 10, Plaza Sentral, Jalan Stesen Sentral 5, KL Sentral, 50470 Kuala Lumpur.

About Altair Engineering Sdn Bhd

Founded in 2012, Altair Engineering Sdn Bhd is a MSC-status company providing enhanced engineering solutions, on-demand computing technologies and enterprise analytic solutions for companies across a range of industry sectors such as automotive, defense, oil and gas and consumer goods, all of which play a dominant role in Malaysia’s economy. Altair Engineering Sdn Bhd is a wholly-owned subsidiary of US-based Altair.

About Altair

Altair is focused on the development and broad application of simulation technology to synthesize and optimize designs, processes and decisions for improved business performance. Privately held with more than 2,300 employees, Altair is headquartered in Troy, Michigan, USA and operates more than 40 offices throughout 22 countries. Today, Altair serves more than 5,000 corporate clients across broad industry segments. To learn more, please visit www.altair.com.

Jebsen tedrive Joint Venture Established to Bring tedrive Steering’s Advanced Steering Gear Technologies to China

SHANGHAI, Aug. 26, 2014 /PRNewswire/ — Jebsen Automotive Technik (JAT) and tedrive Steering are pleased to announce today plans to establish a 50:50 joint venture “Jebsen tedrive Steering Systems”. The joint venture aims to bring tedrive Steering’s advanced steering technologies to China. The new company will be formally registered by year-end in Shanghai, from where it will spearhead the localization of tedrive Steering’s full product range.

Top executives from Jebsen & tedrive Steering celebrating the creation of Jebsen tedrive Steering Systems at the signing ceremony in Germany.

Top executives from Jebsen & tedrive Steering celebrating the creation of Jebsen tedrive Steering Systems at the signing ceremony in Germany.

The new joint venture will draw on the operational knowledge and China-wide sales and service network of JAT and the technological expertise of tedrive Steering to satisfy the growing demand for high-quality automotive components in China. Jebsen tedrive Steering Systems will focus on supplying German-engineered steering systems, with plans to localize the manufacturing in China.

“As an established provider of advanced steering technologies to the global vehicle market, at tedrive Steering we are pleased to combine our strengths with those of Jebsen Automotive Technik in order to grow our business in China. With the support of JAT, we will develop the market for our innovative steering technologies in China and help the local automotive sector better serve its domestic and international customers,” said Pavel Gilman, Director, Corporate Strategy and in charge of founding the new joint venture with Jebsen.

tedrive Steering and JAT are confident of the continuing growth of China’s auto sector. Already the world’s largest automotive market, it grew almost 14% in 2013 according to the China Association of Automobile Manufacturers (CAAM), with 21.98 million vehicles sold. Sales for 2014 are expected to show a further 8 to 10% growth.*

With more than 60 years of experience, tedrive Steering is a global leader in the development, engineering and production of steering systems and components. Its product portfolio includes advanced steering technologies for all vehicle segments: from mechanical, hydraulic and electronic rack-and-pinion steering systems for passenger cars and light commercial vehicles to state-of-the-art recirculating ball steering gear technology for commercial vehicles and buses.

“Jebsen Automotive Technik and tedrive Steering are committed to ensuring that Jebsen tedrive Steering Systems develops into the high-quality leader in steering systems for China. By making full use of the nationwide Jebsen Automotive Technik sales and service network and leveraging synergies with our other market-leading joint ventures, we will be able to help tedrive Steering localize its innovative technology and support our OEM and Tier One customers with competitive system and component solutions at the same time,” Arnie Jensen, Director and General Manager of Jebsen Automotive Technik, also the board of director of the new joint venture said.

Jebsen Automotive Technik supports this market with three JVs: Mitec-Jebsen, which provides high-end engine balance shafts and gear set solutions; Jebsen-TCG Automotive Systems (Dalian), which manufactures high-performance variable oil and water pumps; and MSR-Jebsen Technologies, which produces precision machined components for powertrain customers in China.

About Jebsen tedrive Steering Systems

To be established in Shanghai in the fourth quarter of 2014, “Jebsen tedrive Steering Systems Co. Ltd.” will supply advanced steering technologies in China. It is a joint venture of tedrive Steering, managed by its holding company “Steering Systems Beteiligungsgesellschaft mbH” of Germany, a global leader in the development and production of advanced steering systems, and “Jebsen Automotive Technik Co. Ltd.”, a subsidiary of Jebsen Industrial.

About tedrive Steering

tedrive Steering is a specialised development partner and manufacturer of steering systems for the global vehicle market. The company with headquarters in Germany operates three plants in Wuelfrath and Chemnitz (Germany), and further production, sales and technical facilities in Istanbul (Turkey), Nabereznyje Chelny (Tatarstan, Russia) and Howell (Michigan, USA). tedrive Steering is a full-service provider in the field of steering technologies. The product portfolio encompasses rack-and-pinion steering and recirculating ball steering gear systems for all vehicle segments from small passenger cars to large trucks and buses. tedrive Steering sets the course, developing competitive high-performance steering technology for passenger cars and commercial vehicles, with its award winning iHSA® technology and lightweight steering solutions. For more information, visit http://www.td-steering.com.

About Jebsen Automotive Technik

Jebsen Automotive Technik Co. Ltd. (JAT), a subsidiary of Jebsen Industrial under the Jebsen Group, supports overseas component suppliers to localize their operations and business in China. It oversees Mitec-Jebsen as well as Jebsen-TCG Automotive Systems, which produces high-performance variable oil and water pumps, and MSR-Jebsen Technologies, which manufactures high precision components for powertrain system. The company continues Jebsen’s history as a leader in Greater China’s aftermarket spare parts and services since 1921. For more information, visit http://www.jebsenindustrial.com/JAT.

*[Source: http://www.reuters.com/article/2014/02/13/us-china-auto-sales-idUSBREA1C0DR20140213]

Photo – http://photos.prnasia.com/prnh/20140822/8521404727

Honeywell Promotes Science and Technology Education in Partnership with Government Schools

More than 1,200 students and 12 teachers will benefit from experiential learning science kits program; Honeywell Engineers volunteer to promote technology careers to students

JAKARTA, Indonesia, Aug. 22, 2014 /PRNewswire/ — Honeywell (NYSE: HON) announced today that it is helping more than 1,200 local students learn about science and technology through a partnership with local schools in Batam and Bintan in Riau Islands province.

Under the Honeywell Science Kits program, four schools will receive science kits supporting the national curriculum. These comprehensive tools will allow students to experience science and technology concepts in an innovative way. As part of the program, 12 teachers from these four schools will be trained with hands-on teaching techniques, enabling them to better engage their students in the classroom. In addition to that, 12 engineers from local Honeywell facility are volunteering to promote technology careers at these local schools.

The program is part of Honeywell’s ongoing commitment to promote science and technology education in Indonesia which includes sponsoring middle school math and science teachers to attend its international programs such as Honeywell Educators @ Space Academy and Green Boot Camp to learn advanced teaching techniques. This new science kits program is sponsored by Honeywell Hometown Solutions, the company’s global citizenship initiative.

“Honeywell provides students and teachers opportunities in science and technology education in Indonesia, through a series of unique programs designed to inspire the next generation of innovators,” said Alex Pollack, President of Honeywell Indonesia. “This exciting program affords students an opportunity to learn concepts in a more engaging manner and gain valuable access to information about potential careers in science and engineering from Honeywell’s top engineers.”

According to National Science Foundation, 80 percent of the jobs in the next 10 years will require Science, Technology, Engineering and Math (STEM) skills and capabilities. “We aim to provide the best education to our students and these advanced teaching techniques will be highly beneficial both for our students as well as our teachers. We welcome such initiatives and are delighted to have Honeywell engineers volunteer to encourage our students,” said Zurnalis, Principal of SMPN 9, Batam.

Honeywell Science Kits program is being run in partnership with SMP II Lukman Hakim and SMP Negeri 9 in Batam as well as in SMP Negeri 11 and SMPN 13 in Bintan.

About Honeywell

Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.

About Honeywell, Indonesia

Honeywell’s products and systems have been distributed and installed in Indonesia since 1974. In 1992, Honeywell established our Indonesian representative office, which maintains a network of local distribution companies. Today, three of Honeywell’s businesses, Automation and Control Solutions, Aerospace, and Performance Materials and Technologies, employ over 1,500 employees in cities across the country, including Jakarta, Surabaya, Purwakarta, Batam and Bintan.

About Honeywell Hometown Solutions

Honeywell Hometown Solutions, the company’s corporate citizenship initiative, which focuses on five areas of vital importance: Science & Math Education, Family Safety & Security, Housing & Shelter, Habitat & Conservation, and Humanitarian Relief. Together with leading public and non-profit institutions, Honeywell has developed powerful programs to address these needs in the communities it serves. For more information, please visit http://citizenship.honeywell.com/.

Danlaw Embarks on 3rd Party Recognition for ISO 26262 Qualification

– Tool Qualification Kit for Mx-Suite™ will significantly reduce qualification time and effort

NOVI, Mich., Aug. 18, 2014 /PRNewswire/ — Danlaw, Inc., a global provider of automotive embedded engineering solutions, announces the selection of industry leader CertTech, LLC to develop and offer a Tool Qualification Kit (TQK) for Mx-Suite. Additionally, Danlaw is working with a 3rd party company to review Mx-Suite for formal ISO 26262 qualification.

Photo – http://photos.prnewswire.com/prnh/20140814/136270
Logo – http://photos.prnewswire.com/prnh/20140408/DE00698LOGO-c

“Danlaw has selected two very respected and trusted names in the industry to work with,” said Dan McClung, VP Operations, Engineering Services of Danlaw. “CertTech’s Tool Qualification Kit will benefit our existing customer base, as well as new additions, as tool capability requirements for ISO 26262 become mainstream and perhaps mandatory in the future.”

CertTech’s TQK will define the functional requirements Mx-Suite must meet including a set of tests to demonstrate compliance with ISO 26262 requirements. TQK will also provide extensive documentation to show compliance in accordance with the functional safety standards. “The Tool Qualification Kit for Mx-Suite provides tremendous value to companies across a wide variety of safety and mission-critical industries where rigorous product development processes demand the highest levels of assurance,” said Jeff Gray, CEO of CertTech. The TQK will become publicly available in Q4 2014.

The Mx-Suite Embedded Software Test Environment is designed to help automotive ECU module suppliers produce their products more efficiently and with higher quality through continuous integration. Using intuitive graphical diagrams, software requirements are easily documented with performance criteria and tolerances, therefore simplifying software validation. The tool provides traceability from requirements, through design and test cases. Mx-Suite™ allows engineers to test development concepts using virtual prototypes, before electronics are available. Mx-Suite™ is used to validate models (MIL), execute tests on developer-written or auto-coded software including strong AUTOSAR support (SIL), as well as run tests with bench and hardware in the loop (HIL) equipment. Automotive OEMs and tier 1 suppliers across body, powertrain, chassis, safety and infotainment alike continue to rely on Mx-Suite for its intuitive user interface and complete test coverage.

About CertTech, LLC
CertTech engineers are domain experts in safety and mission-critical test and test systems. Founded in 1999, CertTech has served major manufacturers in aerospace, automotive, avionics, national security, transportation, energy, agriculture, medical, and in other highly regulated industries, including the national laboratory system. CertTech’s team of engineering professionals provides innovative products, systems and services in support of the development of advanced technology products, focusing primarily on the development of automated test solutions. www.certtech.com

About Danlaw
Danlaw’s 300+ engineering professionals have been providing automotive embedded electronics solutions to OEMs and their Tier-1 supply base for 30 years. Danlaw has facilities in the USA, India and China. Danlaw’s specialty areas include embedded systems development and testing for Embedded Control Units (ECUs), vehicle network communications, infotainment and telematics. Their customers include automotive OEMs, automotive electronics suppliers, fleet and automotive insurance companies worldwide

For more product information, visit: www.danlawinc.com/engineering-tools

Frost & Sullivan: Explosion of OEM’s Investments in Automotive Connected Services in Brazil and Mexico

— Combined telematics subscriber base in both countries to reach over 1.6 million by 2020

SAO PAULO, Aug. 12, 2014 /PRNewswire/ — Brazil and Mexico have a strong and well-developed automotive aftermarket, with service providers (SPs) offering stolen vehicle tracking (SVT), monitoring and immobilization solutions. However, passenger vehicle original equipment manufacturers (OEMs) are looking to go beyond the existing basic service offerings to create new revenue streams and boost their presence in these countries. Connected services are expected to play a vital role towards brand differentiation and maintaining market share in an increasingly competitive automotive market.

Automotive Connected Services.

Automotive Connected Services.

(Photo: http://photos.prnewswire.com/prnh/20140811/135074)

New analysis from Frost & Sullivan, Strategic Analysis of the Automotive Connected Services Market in Brazil and Mexico, finds that the total number of telematics service subscribers in Brazil will go up from 4,800 in 2013 to nearly 1,300,000 in 2020. Mexico’s telematics subscriber base, on the other hand, will grow from 2,000 in 2013 to approximately 330,000 in 2020. By the end of the forecast period, automotive connected services is expected to penetrate between 26 to 28 percent of new cars sales in Brazil and approximately 23 to 25 percent of new cars sold in Mexico. The study covers automotive connected services offered by vehicle OEMs and independent aftermarket solutions.

“In Mexico, the provision of automotive connected services in vehicles from General Motors, and the expected introduction of these services by other premium vehicle OEMs, will propel the market,” said Frost & Sullivan Automotive & Transportation Industry Analyst Yeswant Abhimanyu. “Likewise, the market in Brazil will expand as more vehicle OEMs venture towards offering telematics services.”

However, the high cost of vehicles in markets such as Brazil could dampen sales volumes, considering that over 60 percent of cars sold are from the price-sensitive A- and B- segments. Also, since purchasing vehicle insurance is not mandatory in Brazil, insurance-coupled telematics services might not find much acceptance among cost-conscious customers. As customers begin to realize the value of insurance in the event of car theft and other situations, insurance-coupled telematics offerings will grow in popularity.

The continued delay in the implementation of the Conselho Nacional de Transito (CONTRAN) 245 mandate that requires the installation of anti-theft equipment in all new vehicles in Brazil is also understood to be slowing market development. In light of the different possible scenarios, vehicle OEMs and other participants along the value chain are unsure whether to introduce telematics services just yet. This, along with a debate regarding the right mix of automotive connected services to offer customers, is slowing market introduction and current potential.

“Partnerships among vehicle OEMs and SPs are expected to pave the way for the advancement of the automotive connected services market in Brazil. While vehicle OEMs can take advantage of the bandwidth and scope that SVT and immobilization service providers have in the country, the SPs can move towards complete, high-end telematics service providers (TSPs),” noted Abhimanyu. “Vehicle OEMs might even extend their partnerships to hardware manufacturers and other value chain participants, using innovation and flexibility as key decision-making criteria to choose appropriate partners.”

SPs across Mexico could also consider partnering with vehicle OEMs to broaden their service offerings and thereby attract more customers. Focus should lie in providing advanced telematics services such as turn-by-turn navigation and automatic crash response.

Strategic Analysis of the Automotive Connected Services Market in Brazil and Mexico is part of the Automotive & Transportation (http://www.automotive.frost.com) Growth Partnership Service program. A complementing study, Voice of the Consumer (End Consumers – Car Owners) that looks at the consumer’s willingness to pay for connected services, the features of interest, and the effects of the smartphones, is also in progress.

For more information on this and related studies, please email Francesca Valente, Corporate Communications, at francesca.valente@frost.com.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
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For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Strategic Analysis of the Automotive Connected Services Market in Brazil and Mexico
NB81-18

Contact:
Francesca Valente
Corporate Communications – Latin America
P: +54-11-4777-5300
F: +54-11-4777-5300
E: francesca.valente@frost.com

http://www.frost.com

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ChipMOS REPORTS JULY 2014 REVENUE

HSINCHU, August 8, 2014 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES (Bermuda) LTD. (“ChipMOS” or the “Company”) (NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and testing services (“OSAT”), today reported i…

CSA Group and JHET Co., Ltd. Form Alliance to Offer Testing and Certification Services for Luminaries and Equipment Used in Hazardous Locations

TAIPEI, Aug. 1, 2014 /PRNewswire/ — CSA Group, a leading global provider of testing and certification services and a standards development organization, and JHET, a leading provider of certification and compliance testing in Taiwan, announced a new alliance that will enable both organizations to expand one-stop testing and certification services for luminaries and equipment used in hazardous locations, providing manufacturers in Taiwan access to global markets. Mr. Ash Sahi, President and CEO of CSA Group and Mr. Chang Lung Chen, President of JHET, officially marked the occasion by signing a memorandum of understanding (MOU) today.

(Behind - from L to R): From CSA Group: Hades Lee, Robin Lu, Robert Sickinger, Esteban De Bernardis, Claudia Chan, Jerry Lee (from JHET), Frances Hung, Jupiter Huang, and Eddie Lee (Front – from L to R): Ash Sahi, President and CEO of CSA Group; Chang Lung Chen, President of JHET

(Behind – from L to R): From CSA Group: Hades Lee, Robin Lu, Robert Sickinger, Esteban De Bernardis, Claudia Chan, Jerry Lee (from JHET), Frances Hung, Jupiter Huang, and Eddie Lee (Front – from L to R): Ash Sahi, President and CEO of CSA Group; Chang Lung Chen, President of JHET

“Our new alliance with JHET will allow CSA Group to continue its leadership in hazardous locations testing and certification,” said Ash Sahi, President & CEO, CSA Group. “JHET is a highly regarded in hazardous locations testing for luminaries and has expertise in national regulatory compliance.  Combining the expertise of CSA Group with JHET’s will allow both organizations’ customers to benefit from one-stop access to local and global markets.”

CSA Group and JHET will offer testing and certification and promote compliance with local, national and international standards for luminaries and equipment used in hazardous locations. Eligible manufacturers in Taiwan wishing to export to international markets would be able gain the globally recognized CSA certification based on testing carried out locally at a qualified JHET laboratory. This will benefit existing and future CSA Group and JHET customers by reducing travel time and costs associated with testing samples, by shortening turnaround time for reports, and providing a streamlined process for testing and certification to global standards.

“JHET aims to provide our customers with the best possible service,” said Chang Lung Chen, President JHET Co., Ltd. “By aligning ourselves with CSA Group, we will both benefit from our knowledge and expertise in the hazardous locations testing and certification helping provide manufacturers in Taiwan become a competitive advantage internationally.”

CSA Group provides hazardous locations testing and certifications for North America, the European Union, ATEX and IECEx certification. CSA Group has a skilled team of professionals in Taiwan and is a recognized leader in hazardous locations testing and certification services worldwide. CSA Group also has hazardous locations testing facilities in the United Kingdom, Canada and United States.

Photo – http://photos.prnasia.com/prnh/20140801/8521404356