Tag: instruments
Exceeding DigiByte: Using DGB as collateral
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Looking Toward Strengthening our Existing Businesses and Creating of New, Highly Profitable Businesses Restructuring Hitachi High-Tech Fine Systems
Through corporate divestiture, HFS will transfer its railroad inspection, HD/FPD(1) and laboratory solutions businesses to Hitachi High-Tech Solutions Corporation ("HSL") and transfer its manufacturing functions to Hitachi High-Tech Manufacturing & Service Co., Ltd. ("HMS"). Furthermore, the prototyping, development, and other functions of HFS will be transferred to Hitachi High-Tech through an absorption-type merger, with HFS as absorbed company and Hitachi High-Tech as the surviving company.
Business Restructuring Goals
The environment surrounding society is changing every day with developments in digitization and the acceleration of innovations in technology. In order to respond swiftly to the changing market environments, the needs and business challenges of our customers in such circumstances, the Hitachi High-Tech Group is working on enhancing and integrating our core technologies, optimizing our manufacturing frameworks, and accelerating prototype development through Group-integrated business management.
This restructuring is one measure of these key initiatives we are working on, and by utilizing the core competencies (analysis and inspection technologies, production facility engineering capabilities, manufacturing capabilities) of HFS, one of the major group companies, the Hitachi High-Tech Group aims to reinforce our core Measurement and Analysis technologies, further increase the profitability of our fundamental businesses and strengthen the creation of new businesses that will be a key pillar of our future.
Business Restructuring Overview Summary:
1. Railroad Inspection, HD/FPD, Laboratory Solutions
We aim to integrate the laser- and magnetic-analysis technologies of HFS with the measurement and control technologies of HSL, and create new solutions that will be one of the core pillar of our future business.
2. Prototyping and Development
With the integration of the prototyping and development functions of HFS into Hitachi High-Tech, we aim to improve our development efficiency in product manufacturing through accelerated prototype development.
3. Manufacturing Functions
We will achieve high-efficiency manufacturing of Hitachi High-Tech Group products by concentrating our manufacturing functions into HMS.
Through this restructuring, the Hitachi High-Tech Group is looking toward creating new, highly profitable businesses from our core technologies of "Observation, Measurement, and Analysis" along with leveraging the core competencies of HFS to bolster the existing businesses of Hitachi High-Tech. The Hitachi High-Tech Group continues to work on creation of new social and environmental value, and aim to sustainably improve our corporate value.
(1) HD/FPD: Hard-Disk and Flat Panel Display
About Hitachi High-Tech
Hitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including Analytical & Medical Solutions (manufacture and sales of clinical analyzers, biotechnology products, and analytical instruments), Nano- Technology Solutions (manufacture and sales of semiconductor manufacturing equipment and analysis equipment), and Industrial Solutions (providing high value- added solutions in fields of social & industrial infrastructures and mobility, etc.).
The company's consolidated revenues for FY 2020 were approx. JPY 606.3 billion [USD 5.7 billion]. For further information, visit https://www.hitachi-hightech.com/global/
Corporate Communications Dept., CSR Div.,
Hitachi High-Tech Corporation
Contact: Nishikawa
Phone: +81-80-9207-5949
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comHitachi High-Tech Corporation ("Hitachi High-Tech") today announced the restructuring of Hitachi High-Tech Fine Systems Corporation ("HFS") on April 1, 2022, as part of Hitachi High-Tech's key initiatives for our 2024 Mid-Term Management Plan.
As The Fed Outlines CBDC Principles, It Reveals Antithesis To Bitcoin
VanEck Launches Its First Multi-Token Cryptocurrency Fund
Aggressive expansion of digital asset ETPs with recent ETN launch on German and Swiss exchanges, allowing investment in bundle of world’s largest cryptocurrencies Research, indexing solutions and other investment approaches from VanEck provide single point of contact for solving investors’ most pressing education and access challenges NEW YORK–(BUSINESS WIRE)–Leading global asset manager VanEck begins 2022 […]
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Brewlabs: Building an ecosystem of interconnected products
Bitcoin: On-chain analyst blames this group of investors for sell-offs from $69,000
Electronic Money Institution (EMI) – License, Definition, Software
An electronic money institution (EMI) is a symbol of the evolution of financial services. Such institutions are best known for e-money disbursement and payment intermediation, which contribute to the total value of digital payments around $6,752,388 in 2021 and is expected to hit $10,715,390 by 2025. So, it is crucial to understand what EMI Institutions […]
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How can the Metaverse assist the meals trade?
Cryptocurrencies and the meals trade may not look like essentially the most intuitive pairing — one based mostly within the digital realm and the opposite firmly rooted within the bodily. But going again to the earliest days of crypto, the very first real-world use case for Bitcoin (BTC) was food-related. On May 22, 2010, Laszlo […]
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PayPal stablecoin: What it could mean for payments
PayPal has confirmed it is exploring a stablecoin. Here’s how experts see the potential impact of a PayPal Coin.
Enjin Coin (ENJ) rallies slightly – Can it find enough bullish momentum in the near term?
Metaverse and blockchain gaming tokens are starting to come out of the crypto winter.…
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Bill Introduced To Make Bitcoin A Legal Tender In Arizona
Fidelity kickstarts process to list metaverse and crypto company ETFs
The instruments, if accepted, will trade under the Fidelity Crypto Industry and Digital Payments ETF and the Fidelity Metaverse ETF tickers.Â
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