Toyota Accelerates Local Development of Intelligence and Electrification Towards Enhancing Competitiveness in the Chinese Market

Toyota Motor Corporation (Toyota) will work towards strengthening its local development of intelligence and electrification technology to provide electrified vehicles that are competitive and pleasing to the customer in the Chinese market, where electrified vehicles are becoming increasingly popular.

Specifically, we will be moving forward with the following initiatives:

Changing the company name of Toyota China’s largest R&D facility “Toyota Motor Engineering & Manufacturing (China) Co., Ltd.” to “Intelligent ElectroMobility R&D Center by TOYOTA (China) Co., Ltd. (IEM by TOYOTA)” as of August 1.

Placing engineers from three R&D facilities (FTRD(1), R&D from GTMC(2) and BTET(3)) within China on the IEM by TOYOTA-led development project.

Regarding electrification specifically, strengthened local development of all electrified vehicles (BEV, PHEV, HEV, FCEV) in order to achieve multi-pathway-based carbon neutrality. Accelerated electric powertrain development with Denso and Aisin transcending organizational boundaries to also join forces with IEM by TOYOTA.

Regarding intelligence specifically, promoted and accelerated local design and development of smart cockpits for a better user experience through interior space design and use of AI, as well as autonomous driving systems/advanced safety features that better fit the actual situation in China.

For both electrification and intelligence, taking on the challenge of significantly reducing manufacturing costs through initiatives in the three areas of “developing local supplier base,” “reviewing parts designs,” and “production engineering/manufacturing monozukuri reform” to strengthen competitiveness.

Tatsuro Ueda, Chief Executive Officer of the China Region, stated that, “The Chinese market is growing at an unprecedented pace. Toyota will also work together as a group to reform how we work & think to survive in China. By promoting local development with IEM by TOYOTA at its core, we will attempt to develop and provide competitive products that can satisfy Chinese customers at a fast pace. Furthermore, we will look to share development results and lessons learned in China, not only within China, but also globally.”

Toyota will continue working towards making ever-better cars that take into consideration the needs of customers in each and every region.

(1) FAW Toyota Research & Development Co., Ltd.
(2) GAC Toyota Motor Co., Ltd.
(3) BYD TOYOTA EV TECHNOLOGY CO., LTD.

For more information, visit https://global.toyota/en/newsroom/corporate/39571600.html.


Topic: Press release summary

Sabre accelerates NDC rollout with offers from Qatar Airways

Travel agencies to shop, book and service NDC offers through Sabre Red 360 as well as the technology provider’s Offer and Order APIs

SOUTHLAKE, Texas, and DOHA, Qatar – WEBWIRE



Sabre Corporation (NASDAQ: SABR), a leading software and technology company powering the global travel industry, has successfully integrated IATA New Distribution Capability (NDC) content from Qatar Airways (QR) to its global distribution system (GDS). After a pilot phase with agency customers in Australia and Sweden, the offers of Qatar’s flag carrier will now be rolled out successively to travel agencies across the globe starting on July 7, 2022.


Travel agencies will be able to shop, book, and manage NDC offers from Qatar Airways. Access to Qatar’s content will be available through Sabre Red 360, Sabre’s agency point-of-sale tool, as well as its NDC-enabled Offer and Order Application Programming Interfaces (APIs).


“We’ve been actively engaged in Sabre’s Beyond NDC program for several years and we’re proud to be the first carrier based in EMEA to make our products and offers available to the global travel agency community through Sabre’s marketplace,” said Matt Raos, Senior Vice President Global Sales at Qatar Airways. “With NDC as a part of our strategy to evolve our offering and enhance ancillary sales, we believe effective distribution in the indirect channel will become more important in the future.”


With Qatar Airways’ extensive network of destinations, access to the carrier’s unique NDC content is expected to be relevant to travel buyers across the globe in the post-COVID-19 recovery period and beyond.


“As the corporate travel sector continues to recover, customers are looking for enhanced shopping experiences and improved content in their marketplace,” said John Bukowski, Vice President of Distribution, Content and Sourcing at American Express Global Business Travel. “Our objective is to ensure that our customers and travelers have access to the broadest content and an unrivaled travel experience. We are excited about collaborating with Qatar Airways and Sabre to continue to evolve our customers access to content while delivering the servicing and experience they expect from American Express GBT.”


NDC is one aspect of Sabre’s strategic goal to create a new marketplace for personalized travel, with some key developments expected for 2022. Dynamic air pricing for NDC offers is anticipated to become available with the recently launched Air Price IQ ™ product within the Sabre Retail Intelligence suite, which will enable airlines to optimize offers in real-time with machine learning and data analytics capabilities based on airlines’ unique strategies and needs. As an NDC aggregator and airline IT provider, Sabre is now included in the Airline Retailing Maturity (ARM) index from the International Air Transport Association (IATA). Radixx, which provides solutions for low-cost carrier airlines, is also expected to become certified under the ARM index later this year as an airline IT provider.


“We’ve always said that NDC is a marathon, not a sprint,” said Kathy Morgan, vice president, Channel Delivery, Sabre Travel Solutions. “We believe that realizing the potential of NDC is a collaborative effort, and we are excited about the progress we are making with carriers like Qatar Airways. Alongside strategic efforts like Sabre Travel AI ™, as well as the launch of our Retail Intelligence suite of products, these NDC achievements expand and progress our opportunities to advance personalized retailing.”


About Sabre Corporation

Sabre Corporation is a leading technology provider to the global travel industry. Sabre’s software, data, mobile and distribution solutions are used by hundreds of airlines and thousands of hotel properties to manage critical operations, including passenger and guest reservations, revenue management, flight, network and crew management. Sabre also operates a leading global travel marketplace, which processes more than US$120 billion of global travel spend annually by connecting travel buyers and suppliers. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world.


About Qatar Airways


A multiple award-winning airline, Qatar Airways was announced as the ‘Airline of the Year’ at the 2021 World Airline Awards, managed by the international air transport rating organization, Skytrax. It was also named ‘World’s Best Business Class’, ‘World’s Best Business Class Airline Lounge’, ‘World’s Best Business Class Airline Seat’, ‘World’s Best Business Class Onboard Catering’ and ‘Best Airline in the Middle East’. The airline continues to stand alone at the top of the industry having won the main prize for an unprecedented sixth time (2011, 2012, 2015, 2017, 2019 and 2021). Qatar Airways currently flies to more than 150 destinations worldwide, connecting through its Doha hub, Hamad International Airport, voted by Skytrax as the ‘World’s Best Airport 2022’.


Japan – JCB Accelerates Business Expansion in ASEAN Region with Opening of New Department in Singapore

JCB Co., Ltd., Japan’s only international payment brand is pleased to announce the establishment of a new ASEAN Business Enhancement and Creation Department under its subsidiary, JCB International Asia Pacific Pte Ltd.

JCB develops and provisions innovative technologies and services around the world. The ASEAN Business Enhancement and Creation Department will further accelerate the development of new payment services through strategic partnerships and investments with local financial institutions and start-ups and with Japanese companies operating in the rapidly growing ASEAN region.

In addition, the new department will proactively seek to create new business opportunities beyond the framework of JCB’s current payment business in the ASEAN region.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 36 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact:
Kumiko Kida, Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-

Fujitsu Accelerates Investment in Promising Tech Startups with Establishment of 10 Billion Yen Corporate Venture Capital Fund and Management Subsidiary

Fujitsu Limited today announced the establishment of Fujitsu Ventures Fund LLC, a corporate venture capital (CVC) fund totaling 10 billion yen, under the management by the subsidiary Fujitsu Ventures Limited. The new fund will target investments in promising tech companies globally, including in Japan, the US, Europe, and Israel, and represents a key tool in a growth investment strategy to drive innovation and accelerate digital transformation (DX).

Following the establishment of Fujitsu’s first CVC fund in 2006, a second and third fund were subsequently established in 2010 and 2015. With these funds, Fujitsu has made investments in promising startups both in Japan and abroad, to deliver encouraging results. In 2015, Fujitsu additionally initiated its FUJITSU ACCELERATOR program to boost co-creation venture activities. To date, the program has successfully promoted cooperation with more than 100 global startups in the tech space. In 2020, the Strategic Growth & Investment team was established to lead Fujitsu Group’s inorganic activities which include investments into startups.

Partnering with dynamic startups represents an increasingly important priority in today’s competitive business environment, serving as an engine for growth through innovation and DX. To this end, Fujitsu will establish a new CVC fund to further enhance the Strategic Growth & Investment team’s startup investment capabilities and to enable more agile investments and further amplify the impact of its growth investment strategy, which remains a central element in its management direction policy. Fujitsu will make investments to bolster the foundation of innovative technologies that underlies DX and to create new business opportunities, by encouraging greater collaboration between start-ups and the company with a deeper involvement in the FUJITSU ACCELERATOR program.


Topic: Press release summary