|By PR Newswire||
|March 31, 2014 11:29 AM EDT||
CHONGQING, China, March 31, 2014 /PRNewswire/ -- Hyundai Motor Group (Hyundai), a South Korean auto manufacturer, signed a strategic cooperation agreement with the Chongqing municipal government on March 27 to accelerate its market development in Midwest China.
Midwest China's market has won the global auto giant's attention for its strategic location that connects the markets of China's coastal cities, Europe and Central Asia.
"As a nodal region of the Silk Road and the Yangtze River economic belt, and a central city in China's western movement, Chongqing is the best location for automobile manufacturing," said Chung Mong-koo, chairman of Hyundai Motor Group, during a meeting with Sun Zhengcai, secretary of the Standing Committee of the CPC Chongqing Municipal Committee. Chung hopes Chongqing can play an important role in increasing sales for Hyundai in inland China, and promote the automobile industry in Midwest China.
Huang Qifan, mayor of Chongqing, and Seol Yong-heung, vice-chairman of Hyundai Motor, signed the agreement on behalf of their respective sides.
The agreement stipulates that Chongqing will provide sound policies and service to enhance the cooperation in whole vehicle manufacturing and parts supply. Hyundai should speed up construction of its fourth auto plant in Chongqing.
Chung Mong-koo said Hyundai will spare no efforts in promoting the auto construction project in Chongqing, which will lay a solid foundation for bilateral in-depth cooperation. Chung hopes the strategic partnership between Hyundai and Chongqing can have profound influence on both sides. Hyundai is expected to reach its 2016 sales target of 1.82 million vehicles in China. The motor group plans to expand its footprint in Midwest China markets based in Chongqing.
According to the agreement, thanks to Hyundai's technological innovation and Chongqing's comprehensive advantages, both sides will work to develop a comprehensive strategic partnership in whole vehicle manufacturing, parts support, automotive aftermarket exploration, brand promotion, steel development, construction and machinery industries.
Huang Qifan listed five advantages of Chongqing in regards to market, auto industrial cluster, policy, talent, and production factors and cost, all of which contribute to its rising status in the national and global auto manufacturing industry.
First, Chongqing has the largest growth potential for auto consumption in China, with its population reaching over 200 million. Second, Chongqing currently has an annual production capacity of 2 million vehicles, with five domestic and five foreign auto manufacturers. It also is home to more than 1,000 manufacturers of auto parts and components, which are able to supply over 80 percent of auto manufacturers. Third, as an important city in West China, Chongqing boasts various national development areas, including Liangjiang New Area and various bonded zones with preferential industrial policies. Fourth, Chongqing has 78 colleges and universities with over 1 million students and 200,000 - 300,000 graduates every year. Fifth, Chongqing enjoys preferential conditions for industrial development with sufficient production factors and lower cost.
"Chongqing has become an important strategic base for domestic and foreign auto manufacturers with its sound economic growth and local strength," Huang concluded.
"We are a custom software development, engineering firm. We specialize in cloud applications from helping customers that have on-premise applications migrating to the cloud, to helping customers design brand new apps in the cloud. And we specialize in mobile apps," explained Peter Di Stefano, Vice President of Marketing at Impiger Technologies, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 05:15 PM EST Reads: 270
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...
Dec. 7, 2016 05:15 PM EST Reads: 219
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Dec. 7, 2016 05:15 PM EST Reads: 1,730
Businesses and business units of all sizes can benefit from cloud computing, but many don't want the cost, performance and security concerns of public cloud nor the complexity of building their own private clouds. Today, some cloud vendors are using artificial intelligence (AI) to simplify cloud deployment and management. In his session at 20th Cloud Expo, Ajay Gulati, Co-founder and CEO of ZeroStack, will discuss how AI can simplify cloud operations. He will cover the following topics: why clou...
Dec. 7, 2016 05:15 PM EST Reads: 923
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
Dec. 7, 2016 05:00 PM EST Reads: 1,911
Everyone knows that truly innovative companies learn as they go along, pushing boundaries in response to market changes and demands. What's more of a mystery is how to balance innovation on a fresh platform built from scratch with the legacy tech stack, product suite and customers that continue to serve as the business' foundation. In his General Session at 19th Cloud Expo, Michael Chambliss, Head of Engineering at ReadyTalk, discussed why and how ReadyTalk diverted from healthy revenue and mor...
Dec. 7, 2016 04:30 PM EST Reads: 1,670
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 04:15 PM EST Reads: 778
President Obama recently announced the launch of a new national awareness campaign to "encourage more Americans to move beyond passwords – adding an extra layer of security like a fingerprint or codes sent to your cellphone." The shift from single passwords to multi-factor authentication couldn’t be timelier or more strategic. This session will focus on why passwords alone are no longer effective, and why the time to act is now. In his session at 19th Cloud Expo, Chris Webber, security strateg...
Dec. 7, 2016 04:15 PM EST Reads: 299
The many IoT deployments around the world are busy integrating smart devices and sensors into their enterprise IT infrastructures. Yet all of this technology – and there are an amazing number of choices – is of no use without the software to gather, communicate, and analyze the new data flows. Without software, there is no IT. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, Dave McCarthy, Director of Products at Bsquare Corporation; Alan Williamson, Principal...
Dec. 7, 2016 04:15 PM EST Reads: 316
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
Dec. 7, 2016 04:00 PM EST Reads: 1,266
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, provideed economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session also included a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Dec. 7, 2016 03:48 PM EST Reads: 203
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
Dec. 7, 2016 03:45 PM EST Reads: 2,245
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Dec. 7, 2016 03:30 PM EST Reads: 1,768
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 7, 2016 02:30 PM EST Reads: 4,308
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Dec. 7, 2016 02:30 PM EST Reads: 939