Tag: Sumitomo

Sumitomo Metal Mining Co., Ltd. (TSE: 5713, SMM) and Mitsubishi Corporation (TSE: 8058, MC) have entered into a binding agreement with Ardea Resources Limited (ASX: ARL, Ardea) to participate in the development of the Kalgoorlie Nickel Project (KNP) – Goongarrie Hub. SMM and MC will establish an incorporated joint venture to fund the KNP – Goongarrie Hub Definitive Feasibility Study (DFS) up to the agreed budget of 98.5 million AUD. The SMM-MC joint venture will acquire an ultimate 50%(1) interest in Kalgoorlie Nickel Pty Ltd (KNPL), the owner of the project and currently 100% held by Ardea. Located in Western ... Read more

NEC Corporation (TSE: 6701) and Sumitomo Corporation (Sumitomo) have signed a strategic partnership agreement to expand global sales of NEC’s agricultural ICT platform CropScope. Based on this partnership, NEC and Sumitomo aim to develop markets mainly in South America and the ASEAN region by utilizing Sumitomo’s global network. To this end, NEC will expand the range of crops from the tomato farming support it has been focusing on and add functions to optimize and streamline a series of processes from cultivation to harvesting and processing. Through this partnership, CropScope is initially being introduced on a trial basis to major sugar ... Read more

NEC Corporation (TSE: 6701), its subsidiary OCC Corporation and Sumitomo Electric Industries, Ltd. (TSE: 5802) announced today that they have completed the first trial of uncoupled(1) 4-core submarine fiber cable(2), and verified its transmission performance to meet the exacting demands of global telecommunications networks. International data usage is expected to expand by 30-40% CAGR from 2020-2026(3), driven by factors such as the growth of 5G mobile data, and the need to share ever more content between data centers distributed around the world. To meet this demand, submarine networks are adopting space division multiplexing (SDM) technology, where the number of independent ... Read more

NEC Corporation (TSE: 6701) has developed a multilingual speech translation system with a simultaneous message broadcast function in cooperation with SUMITOMO MITSUI CONSTRUCTION CO, LTD. (Sumitomo Mitsui Construction) to support communications in environments where different languages are used, such as construction sites. This system has been adopted by Sumitomo Mitsui Construction’s “DoKoMinaPhone” smartphone application, making it is possible to broadcast translations to all users or designated working groups at once. In the construction industry, as globalization continues, it has become a challenge to facilitate communication with the increasing number of international workers in Japan, as well as local employees at ... Read more