Hitachi elevates Thailand to hub role

[webfact]

Hitachi elevates Thailand to hub role

By JIRAPAN BOONNOON 
THE NATION 

 

 

HITACHI is promoting the concept of collaborative creation to achieve what it calls mass customisation in the global market.

 

 Under this ambition, the Japanese technology giant will establish Thailand as a hub for a region encompassing India and the Asean countries in order to expand its business in these economies.

 

The company expects to generate total revenue in Thailand of around 300 billion yen in fiscal 2021, representing growth of 50 per cent from fiscal 2017.

 

Toshiaki Higashihara, chief executive officer and president of Hitachi, told the Hitachi Social Innovation Forum 2018 event that the firm aims to resolve a variety of social issues together with customers throughout the world and “to create a promising and hopeful society”.

 

With this goal, the company will continue to promote collaborative creation by targeting high-efficiency production models in order to achieve mass customisation and resolve social issues and improve people’s quality of life.

 

"Social issues throughout the world continue to grow and are becoming increasingly complex. Two examples are labour shortages resulting from urbanisation and the ageing population, and growing security threats in both the physical and cyber worlds,” Toshiaki said.

 

As part of its efforts, the firm will create a chain of innovation, aiming for it to become an innovation partner for the era of the Internet of Things (IoT). Toshiaki said this is period when stakeholders have come to expect to innovations.

 

“Hitachi will continue its active efforts to foster individuals who will work inside and outside of the company and contribute to the creation of a rich future,” Toshiaki said. “It will use the Lumada platform for value creation, combining front-line knowledge in information technology (IT), operational technologies (OT) and products, as it further expands Collaborative creation will be pursued with a view towards society of the future.”

 

He said that, in March, the firm plans to complete construction of a building that will house the Central Research Laboratory in Kokubunji in Tokyo. It will be based on what the company calls the collaborative forest concept and feature an environment and facilities for collaborative creation that will accommodate customers from all over the world. 

 

Tadashi Hisanaga, manager of the public relations and investor relations department at Hitachi, said the Thai market has potential for high growth. Accordingly, the firm is setting up Thailand for its hub role in the market covering Asean and India. In this role, it will be used for the distribution of products, servers and solutions to support the market.

 

 “Thailand is important and has high potential for us as a country,” said Hisanaga. “We have therefore set up Thailand as a hub for India and Asean countries in the areas of escalators and elevators. Thai government also has the direction to boost the country under its Thailand 4.0 scheme.”

 

The factors seen driving Hitachi’s business growth in Thailand include continued investment in the country, said Hisanaga. The firm has worked with business partners on investments such as the Red Line Skytrain route and is providing an innovation platform to support the development of the Eastern Economic Corridor (EEC).

 

The company in fiscal 2017 (April 2017-March 2018) gained revenue of 200 billion yen, with the major source from automobile parts, materials for manufacturing and chemical products. 

 

Hitachi last month opened the Lumada centre in Amata City Chonburi, within the EEC, and from where it will provide the Lumada platform to the market. The centre also integrates IoT solutions from countries such as Japan, China and the US.

 

The Lumada is an IoT platform designed for people to connect, cooperate and co-create solutions with partners.

 

Source: http://www.nationmultimedia.com/detail/Corporate/30356735

 

-- © Copyright The Nation 2018-10-19

[bluesofa]

5 hours ago, webfact said:

Hitachi elevates Thailand to hub role

Oh dear, I see Hitachi is following the government newspeak with 'hub'.

'hub role'? I think they'd get more credence if it was a cheese roll.

 

[inThailand]

“We have therefore set up Thailand as a hub for India and Asean countries in the areas of escalators and elevators.

 

That because a local will always select an elevator or any motorized transport or parking illegally just to avoid the strain of walking 20 meters. 

[klauskunkel]

all hub and no spokes

[Chassa]

Must be some big Thai money in Hitachi.

[Bluespunk]

5 hours ago, webfact said:

As part of its efforts, the firm will create a chain of innovation, aiming for it to become an innovation partner for the era of the Internet of Things (IoT). Toshiaki said this is period when stakeholders have come to expect to innovations.

Give that man a medal, that is some world class “make them all scratch their heads and say...huh” speak. 

[lanista]

These corporate  speeches are pretty much the same the world over.

......exciting future  and co-operation between governments ,businesses and local communities 

ad nauseum

No mention of course of the massive tax breaks Hitachi would of insisted on otherwise its off to Vietnam, Indonesia or Bangladesh to name a few.

The main reason corporate Japs like Thailand is the abundance of good & cheap golf courses and the girls.

3000-5000 baht  for a round  +  20,000 b  short time  for a pretty Japanese exchange student or hi class Thai woman...Thats loose change  for Japanese businessmen from Tokyo.

[Srikcir]

8 hours ago, webfact said:

the Japanese technology giant will establish Thailand as a hub for a region encompassing India and the Asean countries in order to expand its business in these economies.

All part of the ASEAN-Japan 10-Year Strategic Economic Cooperation Roadmap (2012-2022) to double trade and investment flows by 2022.

https://asean.org/asean-japan-reaffirm-commitment-strengthen-partnership/

This is essentially Japan's answer to China's Silk Road Economic Plan, just not along a linear rail line or overland trade route.

I call it The Sakura Path for Japan's national flower - the cherry blossom.

Japan is the Hub Master of all its partners on the Sakura Path diplomatically calling each of them "hubs."

[atyclb]

and the hub of all japanese companies is "soi thaniya" near silom mrt station.  aka japan walking street

[DrTuner]

The only concrete thing I noticed at a glance was that Hitachi is opening up a research center in Japan. Everything else looked like hot air massaging.

[Redline]

At least someone is doing something ????

[HAKAPALITA]

The Central Part of aHub could be described as an Inactive one.!.


Sent from my iPhone using Thaivisa Connect

[Justgrazing]

21 hours ago, webfact said:

Accordingly, the firm is setting up Thailand for its hub role in the market

Hub this , Hub that , All around my hubbing hat .. The only hubs they should be getting real with are the ones that fall off big trucks because the <deleted>' hub nut ain't been locked secure .. And leave it at that .. Hub in its purest unbast*rdized form is a lump of metal that spins around with stuff attached to it .. t'aint anything else .. 

[Fex Bluse]

18 hours ago, Bluespunk said:

Give that man a medal, that is some world class “make them all scratch their heads and say...huh” speak. 

Yeah, I thought same. So many words and such little meaning.