CiCS exploit the Digital Transformation Market

Coretronic Corporation (5371)'s Xiaojinji Zhongguang Optoelectronics Intelligent Cloud Service (CiCS) develops three digital transformation markets in media, retail and gyms, promotes operational growth, continues to make profits, and injects capital into the parent company. Looking forward to the next year (2021), the China Optoelectronics Smart Cloud Service will expand the Asia-Pacific market and give full play to the synergy of the global base of the China Optoelectronics Group. China Optoelectronics has transformed its operation. Since the second half of 2017, it has successively established five subsidiaries, including Yukang Medical Electronics, Changping Technology, Spectrum Technology, China Optoelectronics Smart Cloud Service and China Optoelectronics Intelligent Robot. Photoelectric intelligent sensing. In the first three quarters of this year, the consolidated revenue of Coretronic Corporation was 30.945 billion yuan, an annual decrease of 13.1%. The gross profit margin was 17.44%, an annual reduction of 0.58 percentage points. Still, the after-tax net profit was 11.42 yuan, which delivered a good performance of 49.9% growth against the trend, and the after-tax net profit per share was 2.63 yuan, better than 1.75 yuan in the same period last year.

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CiCS exhibited face recognition technology at Zhuke yesterday (24th), using edge AI (Edge AI) to perfectly balance edge and cloud computing, reducing the difficulty of building a large-scale full-cloud face recognition system. Besides providing real-world, The system construction of the domain provides a solution. Fu Lidian, director of CiCS, said that the changes in the retail industry and the advancement of technology had accelerated the development of various audio-visual AI applications. In the traditional cloud AI architecture, different audio-visual recognition and AI models are run on cloud servers, which will cause bottlenecks due to transmission bandwidth and network delay. Currently, edge devices are used for AI video recognition and classification, most of the calculations are distributed, and the processed recognition results are sent back to the cloud for big data processing and analysis. Fu Lidian pointed out that the smart cloud service of China Optoelectronics has been cultivating the retail field for many years and has rich experience in the area. The intelligent public broadcast (P-Cloud), an interactive shopping guide and VIP regular customer system developed by it have been praised by customers.

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"Economic Daily", reporter Li Xunying / Hsinchu report

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News from：https://udn.com/news/story/7253/5040734

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