Experts predict that the hospitality and tourism industry will not be fully recovered by 2024. It is critical for the travel sector to approach a long-term strategy to enhance business sustainability and development. The adoption of automation and technology plays an important role in staff development. Matching the adequate technology with the hospitality employees can boost their working efficiency, upskill staff’s talents, and hence provide a more professional and pleasant service to the guests.
Read MoreThe hospitality industry has been devastatingly impacted by the COVID-19. While the pandemic accelerated the demand for contactless services, this has triggered APAC’s hospitality sector to embrace Artificial Intelligence (AI) technologies to comply with the new normal.
Read MoreThe shortage of power batteries and related materials is no doubt shaking Asia automobile industry. On the other hand, any technology that makes batteries and battery production more efficient, cost effective, and sustainable has strong potential to be game changing to the rapidly expanding EV industry, and so these types of breakthroughs are incredibly valuable.
Read MoreApart from chip-shortage, an industry-wide shortage of power batteries will also continue to hamper EV production in China for the next few months. Nio, for example, had achieved a production rate of 10,000 vehicles during the Chinese New Year in February. However, the company expects monthly output to remain at around 7,500 units throughout the second quarter due to lower-than-estimated battery supply.
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