Artificial Intelligence
IDTechEx Outlines the Future of Automotive Radar – Miniaturising Size and Maximising Performance
Radar has been one of the most significant additions to vehicles in the past two decades. It provides luxury advanced driver assistance system (ADAS) features like adaptive cruise control (ACC), as well as critical safety features like automatic emergency braking and blind spot detection. It has grown from an expensive accessory feature on the most upmarket cars to an almost ubiquitous presence across all price points.
IDTechEx’s research conducted in “Automotive Radar 2024-2044: Forecasts, Technologies, Applications” shows that, on average, 70% of new cars shipped in 2022 had a front-facing radar, while 30% had side radars. However, with ADAS systems becoming more sophisticated and level 3 autonomous systems entering the market for the first time, radar technology needs to improve to meet the new performance demands these systems require. As such, the industry is now seeing the first generations of “4D imaging” radars come to market and get deployed onto vehicles. With that in mind, here IDTechEx explores what a 4D imaging radar is, why it is needed, and what new technologies they are using.
What is a 4D imaging radar?
Firstly, a 4D radar is not automatically an imaging radar. The two terminologies can sometimes seem interchangeable; however, IDTechEx believes it is important to distinguish between the two. In the past, most radar have been limited to 3 dimensions, with these being azimuth (horizontal angle), distance, and velocity. A 4D radar simply means the addition of some resolving ability in the elevation direction.
A classic example that highlights the need for this fourth dimension is the scenario of detecting a parked car in the entrance of a tunnel. A 3D radar will return the same results whether there is a car in the entrance or not. Normally, the vehicle will assume that the large reflection is a tunnel, and the adaptive cruise control system will continue. This behavior is perfectly acceptable if a human is behind the wheel and can override the ACC system accordingly, but it becomes an issue for vehicles operating at SAE level 3 and above, which has become a real-world reality over the past couple of years.
In theory a 4D radar will overcome this problem. The addition of the vertical resolution means the radar should be able to separate the stopped vehicle at ground level from the tunnel a few meters above the deck. However, if the vertical resolution is poor to the extent that the tunnel and car are still present in the same “pixel”, then the situation has not been improved. This is where the distinction between 4D radar and 4D imaging radar comes into play. The imaging radar should have sufficient angular resolution that it can distinguish the tunnel and vehicle even at very long distances. In fact, IDTechEx thinks that an imaging radar should have sufficient resolution to distinguish much smaller obstacles at long distances, for instance, a person on the road at 100m. But what resolution is needed to do this? Assuming that the person is 5-6ft tall, a resolution of around 1˚ would be needed to separate the person from the road. In this scenario, the system would have enough time to activate the brakes and bring the vehicle to a stop, avoiding a collision, even at highway speeds.
However, being able to detect the person is one thing; correctly classifying them as a person with the radar data alone is another. This is why radar is usually supported with front-facing cameras for applications like automatic emergency braking. At night-time, in foggy conditions, or in heavy rain, the camera might not be able to see either. In these situations, there are a few options: add short or long-wave infrared detection to the vehicle, providing camera-like resolution with robustness to poor visibility conditions, add LiDAR to the vehicle, with radar-like ranging abilities but at a large cost, or improve the resolution of radar further.
Getting to 1˚ resolution and beyond
Radar has a natural physical limit to its resolving performance known as the Rayleigh Criterion, which is proportional to the inverse of frequency multiplied by aperture size (1/ƒ∂). In short, a normal automotive radar operating at 77GHz, and with an antenna array 10cm wide, should be able to reach a resolution 2.8˚ . For context, a typical human eye can resolve at around 0.005-0.01˚ , enough to see a 1cm object at 100m. To improve radar’s resolution its operating frequency could be increased, after all humans use visible light which is in the hundreds of terahertz. However, the frequency of radar is limited by regulations and is not something that is easily changed.
The next option is to increase the size of the aperture. While this is technically possible, doing so runs into practicality challenges. In order to get from 2.8˚ to 1˚, the aperture needs to increase from 10cm to 28cm. To get this resolution in both azimuth and elevation, the radar is now 28cm x 28cm, which will be challenging to integrate into the front bumper. It will likely cause airflow issues to the radiator, could be difficult to protect from damage, and will cause the OEM’s aesthetics teams a bit of a headache. IDTechEx has seen radars getting larger, with examples like Continental’s ARS540, Bosch’s FR5+, and Arbe’s Phoenix all exceeding 10cm, but the largest of these, the Phoenix, is still only 12.7cm x 14.3cm.
Another issue with creating larger radar is filling them with channels. Creating a 28cm x 28cm radar without the supporting semiconductor technology would be like building a $10,000 DSLR camera lens and pairing it with a 1MP camera phone sensor from 2001. Here, the analog to pixels is virtual channels, which is the multiple of a radar’s transmitting and receiving channels (Tx and Rx). In the past a 3D radar might have one transmitting channel and three receiving (1Tx/3Rx). A basic 4D radar would likely use a radar transceiver with a 3Tx/4Rx arrangement, while some leading radar combine four of these chips to get a 12Tx/16Rx arrangement with 192 virtual channels. Arbe has developed a chipset that scales to 48Tx/48Rx in a single radar giving 2,304 virtual channels. This helps Arbe in achieving 1˚ resolution in the azimuth and 1.7˚ in the elevation.
One way of combating the challenges around building a very large radar is to distribute it somehow. IDTechEx has seen a couple of approaches to this. One from Zendar involves using two lower-performance radar placed on opposite ends of the bumper and working together. Now, the aperture size has increased from less than 10cm to effectively 1.5-2m. As such, the resolution of these two radar working together is just over 0.1˚ in the azimuth. The other approach that IDTechEx has seen is to build separate antenna boards for each channel (on a 3Tx/4Rx radar) and place them across the bumper. This is the development route being explored by Plastic Omnium and Greener Wave.
Software is another key aspect of this discussion, and nearly all the companies mentioned here will be using some kind of super resolution software to improve their performance. Returning to the camera analogy, modern DSLR cameras come with powerful processors that can make the most of an image, while the cameras in modern phones have had years of software development to produce the sharpest, most natural-looking results. In radar, there are a few examples of start-ups making some exemplary algorithms for improving the resolution of radar without making any physical changes. Zadar Labs uses technologies like machine learning, AI, and encoded transmission signals to improve radar performance. Spartan, on the other hand, uses an algorithm based on research for F-18 and F-35 fighter jet applications. Super-resolution software can improve the angular resolution by a factor of 4, taking a standard 2.8˚ angular resolution radar down to 0.5-1˚ and lower if it is already employing some of the other techniques discussed here.
Scanning is another promising option for radar. Metawave’s metamaterial antenna uses beamforming and beam steering technologies to focus the radar’s performance into a thin fan. This fan is then scanned through the desired elevation field of view, providing upgraded resolution performance in both elevation and azimuth. The other bonus of this technology is that the emission energy is spread over a far smaller area than a flash-type approach, meaning it can achieve longer ranges than a non-scanning equivalent.
With all these options for building the next generation of radar, how can one know which is best? IDTechEx’s “Automotive Radar 2024-2044: Forecasts, Technologies, Applications” report goes into even more detail about how these technologies work and improve radar performance. The report also presents benchmarking analysis to pit these technologies against each other over key performance indicators such as angular resolution, range, field of view, and frame rate, identifying which technology produces the best overall package, with some unexpected results.
IDTechEx’s latest report, “Automotive Radar 2024-2044: Forecasts, Technologies, Applications” provides a holistic overview of the automotive radar industry, including tier one and tier 2 products, market shares, start-ups, new technologies, material requirements, autonomous and ADAS markets, and 20-year forecasts.
For the full report and downloadable sample pages, please see www.IDTechEx.com/Radar. For more information on the full portfolio of IDTechEx research and how to access the expert-led data and analysis as part of a market intelligence subscription, please visit www.IDTechEx.com.
Artificial Intelligence
Cognitive Security Market Projected to Reach $134.26 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, April 26, 2024 /PRNewswire/ — The report titled “Cognitive Security Market by Component (Services, Solutions), Security Type (Application, Cloud, Cybersecurity), Application, Deployment Mode, Enterprise Type, Vertical – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $19.50 billion in 2023 to reach $134.26 billion by 2030, at a CAGR of 31.73% over the forecast period.
“The Global Rise of Cognitive Solutions Against Cyber Threats”
The field of cognitive security, leveraging the latest in artificial intelligence (AI), machine learning (ML), and data analytics, is reshaping the way physical and digital assets are protected from cyber threats. This innovative approach learns from user interactions with systems and data, enabling real-time threat detection and a more dynamic defense strategy. Across industries, including finance, healthcare, retail, and government, cognitive security applications, such as fraud detection and cyber defense, are becoming vital in navigating the complex threat landscape. Challenges in integrating with older systems and opportunities include advancements in AI and technology. Globally, the cognitive security market is witnessing rapid growth, driven by high American demand and significant investments in the Asia-Pacific region. In Europe, stringent regulations such as GDPR drive the demand for compliant solutions, while in the Middle East and Africa, the expanding telecom sector highlights the need for robust cybersecurity measures. This global momentum highlights the critical role of cognitive security in an interconnected world, ensuring businesses and governments can overcome cyber threats.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/cognitive-security
“The Essential Role of Cognitive Security in Today’s Digital Age”
As digital transformation reshapes industries, the surge in data generation and intricate data management challenges have outpaced traditional cyber defense mechanisms. Cognitive security adept at processing and analyzing vast arrays of data in real-time, uncovering patterns and anomalies indicative of cybersecurity threats. This advanced approach enables proactive threat detection and swift response measures, significantly mitigating the risks of data breaches and cyber incidents. Cognitive security solutions adeptly handle diverse data types at unparalleled speeds, offering insights typically elusive to manual analysis by harnessing the power of automation. These systems excel at unveiling sophisticated attacks, skillfully hidden within normal network activities, and continuously evolve through machine learning. This perceptual adaptation is vital in a landscape where cyber threats rapidly transform, and digitalization ushers in new vulnerabilities. Cognitive security is a staunch supporter for organizations, ensuring their security policies remain in lockstep with the ever-evolving cyber threat environment and regulatory demands, thus fortifying digital defenses in an increasingly connected world.
“Enhancing Digital Security through Advanced Cognitive Technologies”
In an era where cyber threats are constantly evolving, the importance of robust digital security mechanisms cannot be overstated. The approach encompasses a suite of essential services that ensure the effective operation and continuous improvement of cognitive security systems. These include the meticulous deployment and integration of these systems into existing organizational structures, ensuring they work seamlessly with current technologies and protocols. Ongoing support and maintenance to keep these systems at the forefront of cyber defense, alongside training and consulting to empower staff with the knowledge and skills needed to optimize these advanced security solutions. Cutting-edge technologies include biometric recognition, digital signature authentication, real-time security analytics, and a unified platform managing security logs and data. Each component is vital role in creating a secure digital environment that identifies threats and enables swift, informed responses to protect organizational assets and data.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/cognitive-security
“International Business Machines Corporation at the Forefront of Cognitive Security Market with a Strong 8.44% Market Share”
The key players in the Cognitive Security Market include Google LLC by Alphabet Inc., Microsoft Corporation, Fortinet, Inc., International Business Machines Corporation, Cisco Systems, Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the Cognitive Security Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the Cognitive Security Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive Cognitive Security Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/cognitive-security
“Dive into the Cognitive Security Market Landscape: Explore 192 Pages of Insights, 760 Tables, and 28 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket InsightsCognitive Security Market, by ComponentCognitive Security Market, by Security TypeCognitive Security Market, by ApplicationCognitive Security Market, by Deployment ModeCognitive Security Market, by Enterprise TypeCognitive Security Market, by VerticalAmericas Cognitive Security MarketAsia-Pacific Cognitive Security MarketEurope, Middle East & Africa Cognitive Security MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/cognitive-security
Related Reports:
Cognitive Radio Market – Global Forecast 2024-2030Cognitive Electronic Warfare System Market – Global Forecast 2024-2030Cognitive Data Management Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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Artificial Intelligence
IBM, Government of Canada, Government of Quebec Sign Agreements to Strengthen Canada’s Semiconductor Industry
Up to $187M CAD to be invested to progress expansion of chip packaging capacity and capabilities and to strengthen R&D at IBM Canada’s Bromont plant
BROMONT, QC, April 26, 2024 /PRNewswire/ — IBM (NYSE: IBM), the Government of Canada, and the Government of Quebec today announced agreements that will strengthen Canada’s semiconductor industry, and further develop the assembly, testing and packaging (ATP) capabilities for semiconductor modules to be used across a wide range of applications including telecommunications, high performance computing, automotive, aerospace & defence, computer networks, and generative AI, at IBM Canada’s plant in Bromont, Quebec. The agreements reflect a combined investment valued at approximately $187M CAD.
“Today’s announcement is a massive win for Canada and our dynamic tech sector. It will create high-paying jobs, invest in innovation, strengthen supply chains, and help make sure the most advanced technologies are Canadian-made. Semiconductors power the world, and we’re putting Canada at the forefront of that opportunity,” said the Right Honourable Justin Trudeau, Prime Minister of Canada
In addition to the advancement of packaging capabilities, IBM will be conducting R&D to develop methods for scalable manufacturing and other advanced assembly processes to support the packaging of different chip technologies, to further Canada’s role in the North American semiconductor supply chain and expand and anchor Canada’s capabilities in advanced packaging.
The agreements also allow for collaborations with small and medium-sized Canadian-based enterprises with the intent of fostering the development of a semiconductor ecosystem, now and into the future.
“IBM has long been a leader in semiconductor research and development, pioneering breakthroughs to meet tomorrow’s challenges. With the demand for compute surging in the age of AI, advanced packaging and chiplet technology is becoming critical for the acceleration of AI workloads,” said Darío Gil, IBM Senior Vice President and Director of Research. “As one of the largest chip assembly and testing facilities in North America, IBM’s Bromont facility will play a central role in this future. We are proud to be working with the governments of Canada and Quebec toward those goals and to build a stronger and more balanced semiconductor ecosystem in North America and beyond.”
IBM Canada’s Bromont plant is one of North America’s largest chip assembly and testing facilities, having operated in the region for 52 years. Today, the facility transforms advanced semiconductor components into state-of-the-art microelectronic solutions, playing a key role in IBM’s semiconductor R&D leadership alongside IBM’s facilities at the Albany NanoTech Complex and throughout New York’s Hudson Valley. These agreements will help to further establish a corridor of semiconductor innovation from New York to Bromont.
“Advanced packaging is a crucial component of the semiconductor industry, and IBM Canada’s Bromont plant has led the world in this process for decades,” said Deb Pimentel, president of IBM Canada. “Building upon IBM’s 107-year legacy of technology innovation and R&D in Canada, the Canadian semiconductor industry will now become even stronger, allowing for robust supply chains and giving Canadians steady access to even more innovative technologies and products. This announcement represents just one more example of IBM’s leadership and commitment to the country’s technology and business landscape.”
Chip packaging, the process of connecting integrated circuits on a chip or circuit board, has become more complex as electronic devices have shrunk and the components of chips themselves get smaller and smaller. IBM announced the world’s first 2 nanometer chip technology in 2021 and, as the semiconductor industry moves towards new methods of chip construction, advances in packaging will grow in importance.
“Semiconductors are part of our everyday life. They are in our phones, our cars, and our appliances. Through this investment, we are supporting Canadian innovators, creating good jobs, and solidifying Canada’s semiconductor industry to build a stronger economy. Canada is set to play a larger role in the global semiconductor industry thanks to projects like the one we are announcing today. Because, when we invest in semiconductor and quantum technologies, we invest in economic security.” — The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“This investment by IBM in Bromont will ensure that Quebec continues to stand out in the field of microelectronics. An increase in production capacity will solidify Quebec’s position in the strategic microelectronics sector in North America.” — The Honourable Pierre Fitzgibbon, Minister of Economy, Innovation and Energy, Minister responsible for Regional Economic Development and Minister responsible for the Metropolis and the Montreal region
About IBMIBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in semiconductors, AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Media ContactLorraine BaldwinIBM [email protected]
Willa HahnIBM [email protected]
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Artificial Intelligence
HITACHI ACQUIRES MA MICRO AUTOMATION OF GERMANY IN EFFORT TO ACCELERATE GLOBAL EXPANSION OF ROBOTIC SI BUSINESS IN THE MEDICAL AND OTHER FIELDS
HOLLAND, Mich., April 26, 2024 /PRNewswire/ — Hitachi Ltd. (TSE: 6501, “Hitachi”) has signed a stock purchase agreement on April 26 to acquire all shares of MA micro automation GmbH (“MA micro automation”, headquartered in St. Leon-Rot, Germany) from MAX Management GmbH (a subsidiary of MAX Automation SE). MA micro automation is a leading provider of robotic and automation technology (robotic SI) including high-speed linear handling systems, high-precision assembly lines, and high-speed vision inspection technology for Europe, North America, and Southeast Asia, for EUR 71.5M million. The transaction is expected to close in the second half of 2024, pending completion of the customary regulatory filings. After the acquisition is completed, MA micro automation will join JR Automation Technologies, LLC (“JR Automation”), a market leader in providing advanced automation solutions and digital technologies in the robotic system integration business for North America, Europe, and Southeast Asia as a continued effort to expand the company’s global presence.
MA micro automation is a technology leader for automation solutions within micro-assembly. Through its state-of-the-art proprietary high-speed and high-precision automation know-how, combined with unique optical image inspection capabilities, MA micro automation serves high-growth med-tech automation end-markets, covering the production, assembly, and testing medical and optical components including contact lenses, IVD and diabetes diagnostics consumables, and injection molding for medical use. The company was established in 2003 through a carve-out from Siemens*1 and since 2013 has been part of the MAX Automation group.
JR Automation is a leading provider of intelligent automated manufacturing technology solutions, serving customers across the globe in a variety of industries including automotive, life sciences, e-mobility, consumer and industrial products. With over 20 locations between North America, Europe, and Southeast Asia, the leading integrator offers nearly 2 million square feet (185,806 sq. m) of available build and engineering floorspace. This acquisition allows JR Automation to further grow and strengthen both the company’s geographical footprint and their continued commitment on expanding support capabilities within the European region and medical market vertical.
“MA micro automation provides engineering, build and support expertise with established capabilities in complex vision applications, high-speed and high-precision automation technologies. When integrated with JR Automation’s uniform global process and digital technologies, this partnership will further enhance our ability to deliver added value and support to all of our customers worldwide and continue to grow our capabilities in the medical market,” says Dave DeGraaf, CEO of JR Automation. “As we integrate this new dimension, impressive talents and abilities of the MA micro automation team we further enhance our ability to serve our customers, creating a more robust and globally balanced offering.”
With this acquisition, Hitachi aims to further enhance its ability to provide a “Total Seamless Solution*2” to connect manufacturer’s factory floors seamlessly and digitally with their front office data, allowing them to achieve total optimization and bringing Industry 4.0 to life. This “Total Seamless Solution” strategy links organizations’ operational activities such as engineering, supply chain, and purchasing to the plant floor and allows for real time, data-driven decision-making that improves the overall business value for customers.
Kazunobu Morita, Vice President and Executive Officer, CEO of Industrial Digital Business Unit, Hitachi, Ltd. says, “We are very pleased to welcome MA micro automation to the Hitachi Group. The team is based in Europe, providing robotic SI to global medical device manufacturing customers with its high technological capabilities and will join forces with JR Automation and Hitachi Automation to strengthen our global competitiveness. Hitachi aims to enhance its ability to provide value to customers and grow alongside them by leveraging its strengths in both OT, IT, including robotic SI, and “Total Seamless Solution” through Lumada*3’s customer co-creation framework.”
Joachim Hardt, CEO MA micro automation GmbH says, “Following the successful establishment and growth of MA micro automation within the attractive automation market for medical technology products, we are now opening a new chapter. Our partnership with Hitachi will not only strengthen our global competitive position, but we will also benefit from joint technological synergies and a global market presence. We look forward to a synergistic partnership with Hitachi and JR Automation.”
Outline of MA micro automation
Name
MA micro automation GmbH
Head Office
St. Leon-Rot, Germany
Representative
Joachim Hardt (CEO)
Outline of Business
Automation solutions within micro-assembly
Total no. of Employees:
Approx. 200 (As of April 2024)
Founded
2003
Revenues (2023)
€ 46.5 million
Website
*1
“Siemens” is a registered trademark or trademark of Siemens Trademark GmbH & Co. KG in the U.S. and other countries.
*2
“Total Seamless Solution” is a registered trademark of Hitachi, Ltd. in the U.S. and Japan.
*3
Lumada: A collective term for solutions, services and technologies based on Hitachi’s advanced digital technologies for creating value from customers’ data accelerating digital innovation. https://www.hitachi.com/products/it/lumada/global/en/index.html
About JR AutomationEstablished in 1980, JR Automation is a leading provider of intelligent automated manufacturing technology solutions that solve customers’ key operational and productivity challenges. JR Automation serves customers across the globe in a variety of industries, including automotive, life sciences, aerospace, and more.
In 2019, JR Automation was acquired by Hitachi, Ltd. In a strategic effort towards offering a seamless connection between the physical and cyber space for industrial manufacturers and distributers worldwide. With this partnership, JR Automation provides customers a unique, single-source solution for complete integration of their physical assets and data information, offering greater speed, flexibility, and efficiencies towards achieving their Industry 4.0 visions. JR Automation employs over 2,000 people at 21 manufacturing facilities in North America, Europe, and Asia. For more information, please visit www.jrautomation.com.
About Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.
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