Hikvision teams up with Master Kong to digitize factories, supply chain
Under the partnership, Hikvision will provide end-to-end solutions for Master Kong’s production sites, covering planning, construction, operations and maintenance.
Under the partnership, Hikvision will provide end-to-end solutions for Master Kong’s production sites, covering planning, construction, operations and maintenance.
The system combines computer vision and language-based reasoning to detect traffic incidents including debris, illegally parked vehicles and pedestrians entering highways.
The fund will focus on original early-stage technologies emerging from Huazhong University in areas including optoelectronics, biomedicine, new materials and high-end equipment manufacturing.
Chief Executive Jia Yonghua said traditional automated production is reaching its limits amid increasingly fragmented demand and shortages of skilled labor.
The two companies showed broadly similar business structures, with both reporting rising margins and improved efficiency.