Fiji Time: 2:29 PM on Sunday 17 December

Fiji Times Logo

/ Front page / Business

Automotive companies, chipmaker consortium

Reuters
Saturday, August 12, 2017

TOYOTA Motor Corp (7203.T), chipmaker Intel Corp (INTC.O) and other technology and auto companies are forming a consortium to create an ecosystem for big data used in connected cars, the Japanese automaker said on Thursday.

Swiss telecom equipment maker Ericsson (ERICb.ST), Japanese auto parts maker Denso Corp (6902.T) and telecoms firm NTT DoCoMo Inc (9437.T) are also part of the group, called the Automotive Edge Computing Consortium.

The consortium aims to use data to support emerging services such as intelligent driving, creating maps with real-time data and driving assistance based on cloud computing, Toyota said in a statement.

As cars are equipped with new capabilities, from staying in lanes to driving themselves, they are using and producing vast amounts of information, including where they drive.

Data volume between vehicles and the cloud is expected to reach 10 exabytes per month around 2025, about 10,000 times larger than at present, Toyota said.

Last week, Toyota and smaller rival Mazda Motor Corp (7261.T) said that they would work jointly on producing electric and connected cars.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.62560.6066
JPY 55.611352.6113
GBP 0.36370.3557
EUR 0.41590.4039
NZD 0.70740.6744
AUD 0.64210.6171
USD 0.49240.4754

from

$0.00

Exchange Rate updated on 15th, December, 2017

Today's Most Read Stories

  1. Locked out
  2. Youngster pens letter to Donald Trump
  3. Caught by surprise
  4. Raj stands firm
  5. Airline tries to minimise disruptions
  6. Probe into inmate's escape
  7. New eatery for pizza lovers
  8. Rising sea level forces families to move
  9. Town celebrates 40th anniversary
  10. Subsidy for bus cards

Top Stories this Week

  1. 'Daylight robbery' Wednesday (13 Dec)
  2. Ravai tells all Saturday (16 Dec)
  3. Joy turns into sorrow Friday (15 Dec)
  4. Shattered Tuesday (12 Dec)
  5. Cheika rates Fiji Wednesday (13 Dec)
  6. SOCIAL MEDIA Alleged racist comments inquiry Monday (11 Dec)
  7. Kalouniwai: Fiji soldiers not affected Wednesday (13 Dec)
  8. Tabuya denial Tuesday (12 Dec)
  9. 'Happy' with results Thursday (14 Dec)
  10. Death of baby Saturday (16 Dec)