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Showing posts with label Technology. Show all posts
Showing posts with label Technology. Show all posts

Thursday 29 February 2024

China zooms ahead in space race - Advancement of China’s space programme is serving as a wake-up call for the US

;China Just Won the Space Race Against America...NASA is in Shock!

China Space Station Tian Gong is now complete and China is in a position to dominate the future of space and replace America as the number one space nation in the world. But how did this happen? How did China become a supreme space nation? Let's break it down

A staff member stands before a Long March-2F carrier rocket, carrying the Shenzhou-17 spacecraft, on the launch pad encased in a shield at the Jiuquan Satellite Launch Centre in the Gobi desert in northwest China on Oct. 25, 2023. — AFP

SHORTLY after New Year’s Day in 2019, China landed an unmanned spacecraft on the far side of the moon, where no mission had gone before. United States intelligence officials say they did so quietly, taking their time to verify the rover had landed in one piece and protecting themselves from embarrassment. Hours passed before Beijing announced its historic achievement to the world.

The landing was a wake-up call in Washington. China’s space program was advancing with unexpected speed. Beijing would soon assemble in record time a space station orbiting Earth, catching US officials off guard once again.

US intelligence officials acknowledge that China’s sudden advances had surprised them. They are no longer surprised. The intelligence community now assesses with confidence that China is poised to succeed in landing humans on the moon and constructing a permanent base camp at the lunar south pole by the end of this decade, four intelligence officials said, just as American space agency Nasa has fallen behind its own deadlines to achieve similar milestones.

It is the first time intelligence officials have publicly detailed their concerns that China may win the race to return people to the moon and establish a lunar outpost – an achievement that could set back US plans for human space travel for decades to come.

“It wasn’t too long ago that China said they were intending to land by 2035. So that date keeps getting closer and closer,” Nasa administrator Bill Nelson said in an interview. “I take it very seriously that China, in fact, is in a headlong race to get to the moon.”

Neither country plans to stop at the moon. Both see it as a training ground for missions to Mars in the 2030s, vying to make history by sending humans deep into space and landing them for the first time on another planet.

“Before, it was more of an afterthought – China was nowhere to be seen,” one US intelligence official said, speaking on the condition of anonymity to discuss sensitive intelligence matters. “Today, China gets the lion’s share of intelligence attention.”

A second US intelligence official said “space is very evident to China as a place they need to counter US power.”

“They don’t want to be the space power of the 2020s,” the official added. “They want to be the space power of the 21st century, the way we were in the 20th.”

More than half a century after the US put men on the moon, a space race is on for the new millennium. The first great competition of world powers since the end of the Cold War is spurring a new era of exploration that could send humans on missions far beyond those of the Apollo program 50 years ago.

But if the original space race with the Soviet Union was a sprint, this new competition with China is going to be a marathon.

“The United States will continue to lead the world,” Vice President Kamala Harris, who also serves as director of the National Space Council, said in a statement. “Our unrivaled network of allies and partners will power our deep space exploration, inspire the next generation of explorers, and will ensure that advancements in space benefit all of humanity.”

At Nasa, all of these goals are linked, forming a “ Moon to Mars Architecture” that is breaking modern precedent in Washington for space initiatives with sustained support and funding from consecutive Republican and Democratic administrations.

“Is China a catalyst? It should be. Chinese ambitions for both the moon and Mars should be taken very seriously,” said Dean Cheng, senior adviser to the China program at the US Institute of Peace. “Because from their perspective, it’s not just about planting a flag. There’s a whole freight train worth of baggage and meaning associated with both of these missions.”

“This is to establish presence,” Cheng said, “but then to establish the rules.”

Competition is already inching toward conflict closer to home. Since landing a rover on the far side of the moon, China has more than doubled its number of satellites orbiting Earth, and has launched a space plane that remained in low-Earth orbit for several months before ascending and releasing a projectile, defense officials said. Beijing is already fielding weapons in space, including electronic and cyberspace equipment, but also devices that can stalk and latch on to satellites to disrupt their orbit.

Nelson expressed concern that China may reach its lunar milestones first – a development that could allow Beijing to monopolize resources critical to a sustained presence on the surface, such as frozen water hiding in crevices of permanent darkness, and solar energy from mountain peaks bathed in eternal sunlight.

“If China were to land and begin an outpost there, I think it would be a Sputnik moment for the American people,” said G Scott Hubbard, Nasa’s first Mars czar and former director of the Ames Research Center at Nasa who now chairs SpaceX’s crew safety advisory panel. “They could claim it as their own.”

The Chinese Embassy in Washington said in a statement that “outer space is not a wrestling ground, but an important field for win-win cooperation. The exploration and peaceful uses of outer space is humanity’s common endeavor and should benefit all.”

Senior officials in the Biden administration said that China’s program could be the motivation the US needs to reestablish the wonder and drive of spaceflight that once captured the American imagination. “There are positive aspects to competition,” one official said, adding, “one person’s pressure is another person’s inspiration.”

Beijing surprised Washington once again last May, when its military-run Manned Space Agency held a press conference ostensibly to deliver a routine announcement.

Agency officials were introducing three new Chinese astronauts who would depart for China’s Tiangong Space Station the following day – part of a steady cadence of new crew members being sent into orbit every six months, an impressive achievement in and of itself. Then officials added that Beijing intends to land humans on the moon by 2030, moving their timeline up by years.

China’s Academy of Military Sciences has previously said that space “has already become a new domain of modern military struggle.” Neither the China National Space Administration nor the China Manned Space Agency responded to multiple email requests for comment.

China’s public plan is to use robots to scout the south pole for lunar water in 2026 and begin establishing its base there, to be called the International Lunar Research Station, in 2028. Beijing aims to complete a new Long March 10 rocket system for its crewed missions by 2027.

US intelligence officials say it would be “high risk” for the Chinese to attempt their first human landing at the south pole, but also believe Beijing will try to distinguish their first landing from Apollo.

“If there is a prestige goal,” one intelligence official said, “it is the south pole of the moon.” — TNS

 Source linkl

US and China vie for lunar real estate | The Star

https://www.thestar.com.my/news/focus/2024/02/25/us-and-china-vie-for-lunar-real-estate#:~:text=SPURRED%20to%20action%20by%20China's,crewed%20orbital%20mission%20in%202022.

The sunrise casts a golden glow on the Artemis I Space Launch System and Orion spacecraft. – NASA/TNS

Malaysia's giant leap into the stars

https://www.thestar.com.my/news/focus/2024/02/25/malaysias-giant-leap


Monday 19 February 2024

China’s C919: first home-grown airliner makes international debut, Secures Biggest-Ever Order, showing China's efforts in self-innovation in high-end manufacturing industry

 

China's challenger to Airbus and Boeing's passenger jets, the narrowbody C919, made its international debut in Singapore on the eve of opening day of its air show. It comes after Chinese planemaker Commercial Aircraft Corporation of China (Comac) signalled an interest in gaining a bigger foothold in the aviation market in 2024.



Singapore Airshow, starting point for C919 to step onto world stage: Global Times editorial


Chinese-made craft takes flight | The Star

Chinese-made craft takes flight | The Star

Chinese-made craft takes flight | The Star

China's homegrown C919 secures biggest-ever aircraft order




China Eastern Airlines has signed a purchase contract with Commercial Aircraft Corporation of China, Ltd. (COMAC) for an additional 100 C919 planes, marking the largest single order for the China-developed large passenger aircraft.

According to the plan, the new C919 aircraft purchased by the airline company will be delivered in batches from 2024 to 2031.

China Eastern Airlines placed an order for five C919 planes in 2021. The company has taken delivery of two jets and put them into operation on the air route between the cities of Shanghai and Chengdu.

China's C919 passenger plane completes inaugural 

 

commercial flight, showing China's efforts in self-innovation in high-end manufacturing industry

This photo taken on May 28, 2023 shows a C919, China's self-developed large passenger aircraft, getting ready for its first commercial flight in east China's Shanghai. C919 kicked off its first commercial flight from Shanghai to Beijing on Sunday, marking its official entry into the civil aviation market. (Xinhua)

This photo taken on May 28, 2023 shows a C919, China's self-developed large passenger aircraft, getting ready for its first commercial flight in east China's Shanghai. C919 kicked off its first commercial flight from Shanghai to Beijing on Sunday, marking its official entry into the civil aviation market. (Xinhua)



C919, China's self-developed large passenger aircraft, completed its inaugural commercial flight from Shanghai to Beijing on Sunday, creating a milestone in China's aviation industry, which aims to compete with global players such as Boeing. 

Developed by Commercial Aircraft Corporation of China (COMAC), the C919 aircraft, China's first self-developed large jet airliner, is important proof of China's strength in self-innovation in the high-end manufacturing industry, and its solid market performance will foster further confidence in future orders and among customers, Chinese experts said. 

The C919's inaugural flight departed at 10:32 am from Shanghai Hongqiao International Airport and landed at Beijing Capital international Airport at 12:31 pm, where it was welcomed with a special water-salute ceremony.

The highly anticipated flight, codenamed MU9191 flying from Shanghai to Beijing was flown by China Eastern Airlines, and carried around 130 passengers.

"More than 20 years ago, I heard many people in the aviation field talking about their dream of making a big plane. I am so excited to be one of the first passengers to fly on the C919," a passenger named Shi Ding told the Global Times on Sunday.

Shi said he arrived at the Shanghai airport at 7:40 in the morning, and there were around 500 people attending the inaugural ceremony. "I have been closely watching the development of C919 for years. As an aviation fan, I am so proud that China now has such an advanced aircraft manufacturing industry."

The video clips he sent to the Global Times showed passengers waving national flags and the cabin filled with a euphoric atmosphere, with excited passengers taking photos and shooting videos. The carrier even prepared meals selected by poll by the passengers. 

Both the business and economy class on the C919 use a new generation of domestically designed and produced cabin seats. Among them, eight business class seats use an all-aluminum alloy frame structure with a cradle design and a backrest that can reach 120 degrees. The distance between the front and rear seats exceeds 1 meter. 

The C919 cabin has an aisle height of 2.25 meters, and the middle seat in the economy class triple seat is 1.5cm wider than the two seats on the end, bringing passengers more comfort.

The C919 project was launched in 2007 and completed its first test flight in 2017. On September 29, 2022, it obtained the Type Certificate from the Civil Aviation Administration of China, the country's aviation sector regulator. 

With between 158 and 168 seats, and a flight range of 4,075 to 5,555 kilometers, the C919 is designed to have the same level of specifications as the popular Airbus 320 and Boeing 737.

According to China Eastern Airlines' plan, the first C919 plane will initially be operated between Shanghai and Chengdu, capital city of Southwest China's Sichuan Province, before flying more routes. 

China Eastern has also set up special teams including cabin services to ensure security and guarantee services.

New starting point

"Based on earlier full preparations, the maiden flight is a new starting point for China Eastern," Li Yangmin, vice chairman of the Shanghai-based China Eastern Airlines Corp, was quoted as saying at the inaugural ceremony held in Shanghai on Sunday.

Li said the airline will take this commercial operation as an opportunity, and strive to meet market demand with high-quality supply, allowing people in China and even around the world to use the plane. 

Before the flight, other Chinese airlines also expressed interest in the plane. On Thursday, Ma Chongxian, chairman of Air China Ltd, said that in 2010 the company signed a purchase agreement with COMAC for 20 C919 aircraft, and continued to pay attention to the progress of the C919.

 China Southern Airlines vice chairman Han Wensheng said on the same say that his company is paying great attention to the C919 aircraft and maintaining close communication with COMAC.

COMAC said in January that the company expects to reach an annual production capacity of 150 C919 planes within five years, and has already received more than 1,200 orders, according to media reports.

Chinese experts said that the commercial fight is of great significance to China's equipment manufacturing industry, as the civil aircraft manufacturing industry is a symbol of a country's technological and industrial strength.

For China's aviation manufacturing industry, China's commercial aviation must have its own place in the world, in terms of not only market size and development potential, but also equipment manufacturing, Wang Ya'nan, chief editor of Beijing-based Aerospace Knowledge magazine, told the Global Times. "We must have our own manufacturing capabilities for regional aircraft and large commercial airliners," he noted.

We should focus on core technologies in key fields and continue to work together to tackle bottleneck problems, we must put safety and reliability first and eliminate all potential hazards, and we must do a good job in the large aircraft sector, said China's top leadership at the end of September last year that when the C919 passenger jet was issued the type certificate by China's civil aviation regulator, according to the Xinhua News Agency.

COMAC, the developer of the plane, extended its warm congratulations over the flight on its WeChat account with a line from an ancient poem that translates as "Till the day the strangled dragon vibrates in fresh rainfall, it will surely roar to the sky like a flying crane."


Photo: Courtesy of China Eastern Airlines

Photo: Courtesy of China Eastern Airlines

Global competition 

Hours after the conclusion of the inaugural commercial flight, global plane manufacturers sent messages of congratulation. 

"On the occasion of the successful commercial maiden flight of C919 today, we would like to extend our sincere congratulations to China Eastern Airlines and COMAC," Boeing said on its official WeChat account, while Airbus also sent warm congratulations to China Eastern Airlines C919 on successfully completing its first commercial flight.

In an earlier interview with Global Times in April, Airbus CEO Guillaume Faury said that COMAC has brought new competition to the market. "We have great respect for any competitor in the market," he said.

The C919's first commercial flight means that China's extraordinary aviation capabilities have started to accept the challenges of the market, Qi Qi, an independent market watcher, told the Global Times on Sunday. 

With the accumulation of flight hours, there will be more confidence in potential orders and among customers, as well as more growth in the entire large aircraft industry chain, Qi remarked.

A market forecast report released by COMAC in 2021 predicted that China's aviation market will receive 9,084 passenger aircraft with more than 50 seats over the next 20 years, with a value of about $1.4 trillion. It is widely believed that a trillion-dollar level aircraft industry chain is gaining momentum with the commercialization of the C919.

As for future flights, Qi said it is still too early to talk about exploring the international market at this stage. 

Prior to this, it is necessary to obtain airworthiness certifications from the civil aviation authorities of other countries, and obtaining the type certification from Federal Aviation Administration and European Union Aviation Safety Agency will be an important indicator of how the C919 will explore the international market, Qi said. 

It has been predicted that the C919 will still face many difficulties amid a changing international political backdrop, and the difficulties may be even greater than expected. As a strategic project of China's national aviation industry, the goal of the C919 will not waver, Wang said. China will mobilize and pool all its scientific research and industrial resources to push this project to a successful end.

"For a developing country like China, which is under enormous development pressure, we have no other choice but to face up to the difficulties," Wang noted. 

Sunday 17 December 2023

Goodbye 2023; Hello 2024

 


2023 will be remembered as a tipping point year when almost all mega-trends of finance, technology, trade, geopolitics, war and climate heating showed signs of acceleration in speed, scale and scope.


You can call this a state of permacrises, a series of cascading shocks that seem to be building up to a bigger shock sometime in the future.

In finance, the year began with the collapse of Silicon Valley Bank on 10 March 2023, followed by Signature Bank. The Fed and FDIC (Federal Deposit Insurance Corporation) acted fast to guarantee all deposits to stop what is now called “Twitter Deposit Runs” against banks. In Switzerland, Credit Suisse was taken over by UBS on 19 March, after the bank lost nearly US$ 75 billion worth of deposits in three months. Swiss financial credibility was hurt when Credit Suisse AT1 (Tier One bonds) bond-holders became outraged that they should suffer write-downs ahead of equity holders.



Although prompt action by the Fed and Suisse financial authorities averted global contagion and restored calm to financial markets, the Fed hiked interest rates four times in 2023 to 5.25-5.5% to tackle inflation. This month, gold prices touched a record high of US$2,100 per ounce, signalling anticipated inflation abatement, but escalated geopolitical tensions.




In technology, 2023 marked the seismic arrival of generative artificial intelligence (AI), through the public launch of ChatGPT in November 2022. Commercialized AI is considered the next big thing after the internet, sparking off a US tech stock rally, led by the Magnificent Seven companies in AI-related software and hardware. The rally averted a year of portfolio losses in financial markets hurt by interest rate hikes.

In trade, the latest UNCTAD Global Trade Update found that global trade will shrink by 5% to US$ 30.7 trillion in 2023, with trade in goods declining by nearly US$2 trillion, whereas trade in services would expand by US$500 billion. The outlook for 2024 is pessimistic because trade issues are now geopolitical, rather than purely market-driven. Global supply chains are either decoupling or de-risking to avoid possible sanctions which have been imposed for geopolitical reasons.




Geopolitics dominated headlines in 2023, as diplomacy played second fiddle to the militarization or weaponization of everything.

The biggest risk faced by businesses today is national security risk, in case companies or financial institutions are caught in geopolitical tit-for-tat arising from binary differences in values. Where national security is concerned, the business must bear all the costs of supply chain restructuring with no questions asked, or face possible existential shutdowns.

War broke out in Gaza/Israel In October with a scale of civilian slaughter more horrific and intense than the Ukraine war, which began in February 2022. The latest war count to June 2023 by The Armed Conflict Survey 2023 (1 May 2022–30 June 2023), showed global fatalities and events increasing horrendously by 14% and 28% respectively.



The authoritative Stockholm International Peace and Research Institute (SIPRI) reported that 56 countries were involved in armed conflict in 2022, 5 more than in 2021. Three (Ukraine, Myanmar and Nigeria) involved 10,000 or more estimated deaths, with 16 cases involving 1000–9999 deaths. Expect more conflicts when natural disasters hurt food, water and energy supplies.




As 100,000 or so delegates leave the United Arab Emirates at the end of the COP28 this month, the UN painted an upbeat tone that the Conference marked the “beginning of the end” of the fossil-fuel era.  Scientists confirm that we have already passed the point of being able to limit carbon emissions for the average global temperature to remain below 1.5 degrees Celsius above pre-industrial levels.   Most studies show that if most governments fail to meet their current commitments to NetZero, the planet will be struggling with temperatures above 2 degrees Celsius, meaning more natural disasters, rising seas and/or migration/conflicts.  Every three weeks, the US has experienced at least one natural disaster costing more than $1 billion in damages.  

As one cynic said, natural disasters are where the rich just pay in money, but the poor pay in their lives.

Putting all these mega-trend micro-disasters together suggests that a mega-system disaster may be on the cards. Historically, these seismic-scale disturbances are settled through a massive recession, like the 1930s Great Depression, or wars, which wipe out debt and make everyone poorer.

So far, the world has neglected to address these looming issues by either denying or postponement - printing more money and incurring more debt. Painkillers do not fix structural imbalances.

As my favourite poet TS Eliot said, the world ends not with a bang, but with a whimper. The world is in permacrises, with no one fully in charge. Democratic governance is in flux when no one can agree on the problems, let alone the solutions.

2024 will see some decisive but messy elections, especially in the US where both Presidential candidates may either be impeached or convicted by then. This cannot auger well for everyone, because 2023 marks the turning point when the US lost the respect of the Global South over its catastrophic handling of Ukraine and Gaza, both of which will be fought to the last Ukrainian or Palestinian. The morality of allowing other people to fight and die for one’s benefit shows not hypocrisy but hegemonic-scale cowardice.

The bottom line is that there is no shortage of technology or money to deal with the global existential threats of climate change and social imbalances. We cannot align policy intent (what politicians say they will do) with the reality that current policies are not delivering.

If man-made or natural calamities are looming, do we mitigate or adapt? On a single planet, we can run but not hide. So each of us must decide to do what we can, rather than relying on politicians to fix themselves, let alone our problems.

There is a wise saying about Christmas charity: give with warm hands. Do that now, or we will be giving with boiled hands or none at all.

Best wishes for 2024.

Andrew Sheng, Asia News Network



Wednesday 13 December 2023

Boom time for Malaysian AI


PETALING JAYA: Artificial intelligence (AI) is set to be the next growth engine for the technology sector.

Stocks linked to this sub-segment of the tech space have seen strong gains this year.

Analysts believe the run has further legs to go with companies such as Nvidia Corp, Advanced Micro Devices and their related branded manufacturers in Taiwan such as Asustek Computer Inc gaining strong interest of late.

AI requires computing power that is used by graphics processing unit (GPU) in computers and they are the key to the training of neural networks, the enabler of AI.

Apart from powering computer games and graphics/video-intensive computers, GPUs help quicken the training of neural networks which are a key component of many algorithms enabling AI.

The two main GPU designers and makers in the world are Nvidia and AMD.

It appears that tech stocks on Bursa Malaysia have not caught up with the strong rally in the United States as the surge in interest since late last year are limited to makers of GPUs and their related companies.

There was much buzz last week on the local tech space with Nvidia founder and chief executive officer Jensen Huang dropping by several countries in the region including Malaysia to announce business ventures.

For Malaysia, Nvidia last Friday announced a data centre partnership and it also announced last Sunday it will set up a manufacturing base in Vietnam.

YTL Power International Bhdannounced a collaboration with Nvidia to deploy AI infrastructure with Nvidia H100 Tensor Core GPUs at its YTL Green Data Centre Park in Kulai, Johor.

YTL Power’s share price received a boost with this development and saw gains of almost 15% last week alone. The company is now considered an AI-linked firm by market players with this partnership.

SPI Asset Management managing partner Stephen Innes said the surge in share prices of AI-linked companies is just the beginning and investors have not fully digested the strong upside prospects of this latest development in the tech space.

“We are only seeing the tip of the iceberg on a decade-long transition to AI.

“Right now, most of the focus is on the companies making the tools necessary to power the AI revolution that appears to be fast descending upon businesses and, eventually, the broader economy,” Innes told StarBiz.“In the immediate sense, such a build phase may also benefit the ‘shovel providers’ of this ‘gold rush’ – the companies that provide the computing power and tools necessary to build the models needed to compete.

“For this year, at least, Nvidia has stood out as that hardware store on the prospecting hill,” he added.

Innes expects Nvidia will continue to trend higher and be trading at US$600 per share next year and over US$1000 in the longer term.

High-net-worth investor and former investment banker Ian Yoong Kah Yin said investor interest in the domestic tech sector will be AI-driven, moving forward.

“The listed companies in this space are YTL Power, ITMAX System Bhd and Straits Energy Resources Bhd YTL Corp and YTL Power, its subsidiary, are in data centres.

“ITMAX is in video surveillance and analytics. Straits Energy is into oil bunkering, telecommunications solutions and AI-enabling services,” Yoong told StarBiz.YTL, YTL Power, ITMAX and Straits Energy are trading at financial year 2024 price-to-earnings ratio (PER) of 10, 8, 19 and 10 times, respectively, he noted.

Meanwhile, Yoong said the wider local tech space on Bursa Malaysia is expected to remain in the doldrums in the first half of 2024, with recovery seen earliest in the second half of next year.

“The Bursa Malaysia Technology index currently commands an above-average valuation, with a forward PER multiples of 25 times. The historical average PER is 21 times.

“The semiconductor-based sub-sector is expected to report weak earnings in the next two to three quarters,” Yoong added.

Commenting on tech stocks’ performance on Bursa Malaysia, Rakuten Trade head of equity sales Vincent Lau said many Malaysian tech stocks appear to be stuck in a trading range.

“Fund managers are staying on the sidelines and I think they need to see fourth-quarter numbers first.

“Ours are lagging behind and only in the United States it seems to be doing well. Even in Hong Kong the tech sector is struggling,” Lau told StarBiz.However, a tech recovery is still on track and the fourth quarter might be supported by restocking activities.

He said how strong will the recovery be is still the main question.

“But in the AI space, it still has some legs to run while for electric vehicles, it continues to be another growth sector,” Lau said.

“We may be at a short-term bottom now, as I think it will be quite a firm recovery moving into 2024. We may be at an inflection point.”

On YTL Power-Nvidia partnership, RHB Research said it has a long-term positive view on this development.

“The project may also boost its data centre take-up rate in Johor.

“YTL Power’s earnings growth should strengthen upon the successful delivery of the project delivery in the long run but investors ought to take note that additional capital expenditure requirements ahead could be rather intensive,” it said in a note.


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