Search results for Qingdao
Industry
Hanwha Solutions completes 500 kV cable material verification, seeks KEMA certification
Hanwha Solutions\' Wire & Cable division has completed verification of 500 kV-class materials with two Chinese ultra-high-voltage cable manufacturers. The company said it finished type tests for XLPE insulation and semiconductive material packages for HVAC transmission cables in cooperation with Qingdao Hanhe and TBEA. Tests were overseen by TICW, a SECRI-affiliated certification body in China. Hanwha Solutions is also pursuing KEMA certification and expects sales volumes to rise.
Crypto
China court rules bitcoin is property; man gets 11 years for stealing 107 BTC
A Chinese court has sentenced a man to prison for stealing more than 100 bitcoin using a wallet seed phrase, recognising bitcoin as property protected under criminal law. The Qingdao Licang District People’s Court sentenced the man to 10 years and 9 months in prison and fined him 100,000 yuan after finding he accessed a victim’s wallet and transferred 107 BTC. The court also accepted that he cashed out part of the bitcoin for more than $97,000.
Industry
AX needs fair data as manufacturing accelerates AI shift
AX, or AI transformation, is not the same as a smart factory but the next stage after factory automation and data-based smart operations, the article says. It describes how LG Display applied its own AI production system across OLED processes, cutting design and quality-improvement times and saving more than 200 billion won a year. China is pushing a national shift and leads in WEF lighthouse factories. South Korea is supporting manufacturing AI projects and an alliance.