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ABB and HASCO Partner on Smart Manufacturing in China

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VÄSTERÅS, Sweden, Jan. 5, 2022 — Automation technology company ABB and Chinese automotive parts supplier HASCO have established a joint venture to further develop smart manufacturing in China’s automotive industry. The venture will build on the existing relationship between the companies and will develop flexible and sustainable auto parts manufacturing within HASCO’s China-based operations. A production line of ABB robots. Courtesy of ABB. The partnership includes a 40% stake by ABB in the joint venture, which will expand the use of smart technologies and AI within the industry. The joint venture is expected...Read full article

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    Published: January 2022
    Glossary
    machine vision
    Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
    artificial intelligence
    The ability of a machine to perform certain complex functions normally associated with human intelligence, such as judgment, pattern recognition, understanding, learning, planning, and problem solving.
    BusinessABB RoboticsABBHASCOChinaautomotiveautomationsmart factoryroboticsmachine visionpartnershipcollaborationJoint Venturemanufacturingartificial intelligence

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