SHENZHEN, CHINA – Media OutReach – August 22, 2023 – Global technology solutions provider Arrow Electronics, Inc. held its annual ‘Arrow Technology Showcase’ event in Shenzhen, China today.
Themed “Guiding Technovators to a Brighter Future,” the event brought together hundreds of tech companies, manufacturers, solution providers and tech startups from the Guangdong-Hong Kong Greater Bay Area (GBA) -Macau, in southern China. The event showcased more than 100 components, systems, applications and solutions, focusing on robotics, AIoT (artificial intelligence of things) and smart energy.
GBA, a megalopolis with a total population of over 86 million and an estimated GDP of around $1.8 trillion in 20221, is home to one of China’s most vibrant and successful communities of technology innovators and entrepreneurs. As tech startups and innovative companies strive to develop more practical and robust technology solutions to harness the potential of digitalization, decarbonization and electrification, they often face growing challenges in increasingly complex engineering and supply chain. As a global technology solutions provider, Arrow provides the best engineering, supply chain expertise and global ecosystem support to help these innovators and entrepreneurs overcome technology and supply chain challenges and bring their creative and innovative ideas to market more quickly.
Empowering innovators in the GBA and beyond
Arrow opened its first open lab at the Hong Kong Science Park (HKSTP) in 2016. The lab has since served as a center of excellence for hundreds of local engineers and creatives to solve engineering problems and accelerate transition. from idea to prototype to production. journey. To further support the wider GBA region, Arrow has launched a new open lab at Xbot Park in Dongguan, a GBA industrial city.
“XbotPark is a global startup incubator focused on robotics and smart hardware, dedicated to providing the mentorship, ecosystem support, access to funding, and technology resources necessary for startups to grow and succeed. We are thrilled to partner with Arrow and have their support. of our high-potential technology start-ups, not only in Dongguan but also in the wider GBA region. Arrow brings a wealth of technologies, from microelectronics and sensors to cutting-edge connectivity and platform, as well as design engineering expertise and supply chain services. These resources and capabilities are essential for startups and innovators to maximize their business potential,” said Zexiang Li, co-founder of XbotPark.
Feeding robotics innovators
China’s robotics market is expected to be worth $17.4 billion, with an annual growth rate of 22 percent, according to the China Robotics Industry Development Report.2. Industrial robots are valued at $8.7 billion, service robots at $6.5 billion, and specialty service robots at $2.2 billion.
Direct Drive Tech, a Dongguan-based company specializing in the R&D and production of robot joint and motion solutions, showcased its latest wheeled leg robots at Arrow’s showcase event. As a graduate of the XbotPark incubation program, Direct Drive is committed to eliminating gearboxes and creating direct-drive precision electric solutions worldwide. “With the support of global technology companies such as Arrow, we can access ecosystem resources that allow us to reach a broader market and fully maximize our growth potential with our robot actuator and solutions. highly efficient power supplies,” said Jet Yin, Global Marketing Manager. Director of Direct Drive Tech.
As part of the Arrow and HKSTP co-incubation training program launched since 2021, Arrow’s engineering team has provided free training on robotics and AIoT technology to more than 400 engineers enrolled in the program. Direct Drive’s wheeled robot was introduced as one of the open platform tools in the robotics technology training program.
HengZi Future, a developer of consumer robotics products and a current incubator of the XbotPark incubation program, also showcased its latest consumer pet robots at the event.
“As we continue to enhance our robotics product offerings and grow our business, we look forward to having access to Arrow’s comprehensive portfolio of advanced electronics, design engineering resources and implementation support. in the market,” said Pei Heng Song, Founder. and Technical Director, Hengbot Innovation.
As the first electronic hardware lab established in XbotPark, Arrow’s open lab occupies a total space of 1,200 square meters with engineering equipment and test modules as well as open collaboration space. This allows local and international startups to efficiently design, develop and test their products and solutions.
“Cross-disciplinary cooperation and technology integration are essential to fostering continuous innovations and sustainable development in today’s highly competitive and rapidly changing market landscape,” said Arthur Jiang, Arrow’s president of business. of components in Asia-Pacific. “Tech companies and startups constantly face challenges from competing product research and development needs and changing product feature demands in an evolving supply chain landscape. By offering our network global resources, our industry knowledge and our market presence, we act as a trusted technology partner who can guide them and help them take their ideas from imagination to innovation.
——————————————————————
2 https://dsj.guizhou.gov.cn/xwzx/gnyw/202208/t20220823_76224575.html
Hashtag: #ArrowElectronics
The issuer is solely responsible for the content of this announcement.
