Monthly Archives: February 2022

News Flash: TOYO Wins Contract with Test Center Approved to be the First Test Facility for Connected Vehicles

February 11, 2022

TOYO Wins Contract with Test Center Approved to be the First Test Facility for Connected Vehicles

Hybrid Test Facility Capable of Testing EMC Performance and Wireless Communication Quality

Fremont, Calif., Feb 11, 2022  — TOYO Corporation announces that its Chinese subsidiary, TOYO China, just won a major contract for “Wireless Communication Performance Measurement System for Connected Vehicle” from the Shanghai Motor Vehicle Inspection Certification & Tech Innovation Center Co., Ltd. (SMVIC). The contract is valued at 1.4 million USD, with delivery slated for September 2022.

Since its founding in 2003 as a national test center, SMVIC provides automakers with testing services and certifications that permit them to sell their vehicles in the Chinese market. SMVIC was recently approved to become the first test center for connected vehicles, and the organization decided to acquire instrumentation from TOYO to provide testing services to such vehicle types.

This is the second order from China’s national institutes. TOYO China won a contract in 2021 with CICV, a research institute for intelligent connected vehicles.

Leveraging its broad EMC business and technical experiences, TOYO Corporation continues to expand its business footprint not only to the People’s Republic of China but also to the United States and other overseas markets.

The system utilizes a patented Radiated Two-Stage (RTS) method approved by the Third Generation Partnership Project (3GPP) as a test method for LTE mobile terminals and base stations to measure connected vehicles’ wireless communication performance. Since its formulation in 1998, the 3GPP has established protocols and globally agreed specifications for third-generation (3G) mobile systems.

The TOYO-supplied system is an add-on to the existing vehicle-sized anechoic chamber for EMC tests. The system supports two essential types of tests for connected vehicles: EMC tests and in-vehicle wireless communication performance tests. Repurposing test equipment and an existing anechoic chamber reduces overall cost and increases the operational efficiency of the test facility.

Supporting the development of next-generation mobility and communications is one of TOYO’s top priorities. By providing a comprehensive solution that combines EMC tests and wireless communication tests for connected vehicle development, we continue to focus on our key corporate initiative of focusing on Sustainable Development Goals.

The “Wireless Communication Performance Measurement System for Connected Vehicles” is designed for measuring the wireless communication performance of automobiles. It was developed by General Test Systems (GTS), a leading company in the field of mobile terminals, antennas, and OTA testing. The system utilizes GTS’ RTS technology to support the measurements of in-vehicle wireless communication performance for connected vehicles. Radiation performance, reception sensitivity, electromagnetic interference, multi-antenna performance, vehicle communication performance in real-world environments – all required for the development of such vehicles – can be evaluated.

Further, this system leverages existing EMC test facilities (anechoic chamber and test equipment). A small mobile vehicle fitted with a robotic arm and test antenna can be remotely controlled and driven into an EMC chamber.

A software test cycle starts after locating the initial point of the test and runs to completion after performing a multitude of different tests. When completed, the robotic arm can be retracted, and the mobile vehicle can be relocated away from the test staging area. Key features include:

• Utilizes GTS patented technology using the RTS method approved by the 3GPP
• Offers 3D Multiple Input Multiple Output (MIMO) test capabilities for larger test devices and objects such as automobiles
• Provides lower capital expenditure costs than conventional multi-probe test systems
• Leverages large EMC anechoic chambers for automobiles which can be scaled accordingly
• Supports multiple testing needs to evaluate vehicle communication performance in real environments

Please send an email to info@toyotechus.com for additional information.

About SMVIC
Founded in 2003, the Shanghai Motor Vehicle Testing and Certification Technology Research Center Co., Ltd. (SMVIC) is a national automobile test center accredited by the Certification and Accreditation Administration of the People’s Republic of China (CNCA). SMVIC performs quality inspections of conventional vehicles and vehicles using new and alternative energy sources. SMVIC is also accredited by the China National Accreditation Service for Conformity Assessment (CNAS), which checks and confirms that test labs satisfy the requirements defined by ISO/IEC.

Having been approved to be the first national test center for connected vehicles, SMVIC satisfies the test and research needs of connected vehicles’ communication performance, function verification, scene simulation, demonstration operation and provides technical support in future technology research and application development. SMVIC is also planning to establish an information security lab in cooperation with the State Network Information Office to build a system to test and evaluate the information security on vehicles. https://www.smvic.com.cn/english/pages/index.html.

About TOYO China
Established in 2010 and based in Shanghai and Beijing, we provide our customers with in-house developed EMC, fuel cells, batteries, liquid crystals, and information and communication systems utilizing our long-accumulated knowledge and technical capabilities. https://www.toyochina.com.cn/.

About TOYO Corporation
TOYO Corporation (TSE: 8151) is a Japanese technology company headquartered in Tokyo, Japan, with subsidiaries in the United States and China. Since its founding in 1953, TOYO has become the leading distributor of advanced measurement instruments and systems in Japan. TOYO also engages in original product designs and develops advanced solutions for many of the markets that it serves, including automotive, sustainable energy, and cybersecurity industries. TOYO’s innovative products are used by many leading companies in Japan, the United States, and APAC countries, helping TOYO’s customers accelerate development, reduce time-to-market, and improve product quality. For more information, please visit the company’s website at https://www.toyo.co.jp/english.

About TOYOTech
TOYOTech, founded in Fremont, California, in 2015, is a wholly-owned local subsidiary of TOYO Corporation. TOYOTech provides the customers in the US and other countries with TOYO Corporation’s self-developed products incorporating the know-how and technologies accumulated over many decades, as well as TOYOTech’s own-developed products that are unique in the markets – these include test and measurement solutions for automobile, new materials, ICT, and EMC applications among others. At the same time, TOYOTech keeps a keen eye on the newly emerging technologies and up-to-date information in Silicon Valley, a holy site of innovation, actively collaborating with startups and seeking M&A opportunities. For more information, please visit the company’s website at www.toyotechus.com.

 

Contact
info@toyotechus.com

 

All trademarks used in this document are the property of their respective owners. TOYO reserves the right to change product content and product specifications without prior notice. Contact your sales consultant for the latest information.

News Flash: General Test Systems and TOYO Corporation Announce the Formation of a New Company to Focus on the Over-the-Air (OTA) Measurement Market

February 9, 2022

General Test Systems and TOYO Corporation Announce the Formation of a New Company to Focus on the Over-the-Air (OTA) Measurement Market

Action Creates a Pure Play Company, Provides Innovative Solutions to Global Customers, and Delivers Value for Shareholders

 
 

Fremont, Calif., Feb 9, 2022 – General Test Systems (GTS), a leading developer of Over-the-Air (OTA) measurement solutions, and TOYO Corporation (TOYO), a Japanese test and measurement pioneer, today announced that their respective boards of directors have approved a plan to form a new company called AeroGT Labs Corporation (AeroGT). The company is chartered to leverage product solutions, market knowledge, and sales expertise from GTS, TOYO, and TOYOTech, TOYO’s US subsidiary, to expand the reach of GTS’s OTA measurement solutions across the globe.

 

 

Market research firm Allied pegs the global OTA measurement market to be valued at USD 2.2 billion in the year 2022 growing to USD 3.1 billion by 2025 or a CAGR of 12%. A subsegment of the market focused on next-gen automobiles, particularly autonomous vehicles, is expected to exhibit even higher growth rates.

AeroGT will be located in Fremont, California, and will initially share office space with TOYOTech.  It will have its own management team and the flexibility to implement its own strategies, allowing the company to focus and define its business activities to maximize growth.

The new company received financing commitments from GTS and TOYO to fund business activities during its initial ramp-up phase. Based on a sales pipeline developed over the past six months, AeroGT expects to be cash-flow positive by the end of its first year of operation and pay aggregate dividends to shareholders.

The transaction is expected to close in the early first quarter of 2022. When completed, GTS shareholders will own 51% of the common equity in AeroGT, and TOYOTech shareholders will own 49%.   The transaction is subject to customary conditions, including final approval by said stakeholders and the approval of applicable regulatory authorities in People’s Republic of China (PRC), Japan, and the United States.  GTS is a privately held company, while TOYO trades on the Tokyo Stock Exchange (TOKYO:8151).

AeroGT is expected to become a leading provider of OTA test and measurement products and offerings that serve markets across the globe, with a particular focus on the intelligent connected vehicles, consumer electronics, and satellite and terrestrial instruments segments and verticals.

“Full-vehicle OTA testing has gotten off to a slow start in the PRC with many testing organizations waiting and watching from the sidelines.  But that is all changing.  Two leading research institutes made significant investments in test facilities to support OTA testing, including the Connected Vehicles (Beijing) Research Institute (CICV),” says Fang Dalong, Senior Manager of the Platform Division at CICV.  “Our organization is constructing a large-scale test lab to be designated as an innovation center for connected cars; the center will emphasize automotive intelligence and networking.  Technologies and solutions acquired from GTS provide the critical testing foundation and infrastructure for the lab.”

“Over the past decade, we have designed and manufactured preeminent OTA measurement solutions for a wide variety of vertical and industry segments,” states Fred Yu, chief executive officer of General Test Systems. “While we have found immense success in our home country of the PRC, we continuously look to increase our business footprint elsewhere around the world. AeroGT unlocks the value of our solutions to global markets while strengthening the competitive positioning of our technologies.”

“This is a transformative time for manufacturers that incorporate wireless technologies into their products, particularly for developers and producers of autonomous and intelligent connected vehicles,” says Toshiya Kohno, chief executive officer and president of TOYO.  “We are particularly excited that large markets in the United States and the European Union will be able to benefit from the solution offerings of AeroGT.”

“The fundamental technology of AeroGT, including absorbers, antennas, and electromagnetic theory with resulting algorithms, and its integration into OTA solutions is unmatched in the industry,” declares James Drewniak, Curator’s Professor Emeritus at Missouri University of Science and Technology.  “Wireless applications for devices small to large, spanning 5G mobile devices, IoT, to increasingly intelligent connected automobiles will benefit from AeroGT’s solutions supporting manufacturers’ drive to accelerate time to market.”

Bo Han, TOYOTech’s current chief executive officer, is named chief executive officer and president of AeroGT. “I am excited to lead AeroGT at this pivotal moment for the company,” states Mr. Han. “Having been part of the test and measurement industry for more than three decades, I have tremendous regard for the technologies and business acumens of TOYO and GTS that have provided the key elements to form AeroGT. We have the significant potential to help shape the future of wireless testing technology, helping to create lasting value for our customers and shareholders.”

For more information, please send an email to info@toyotechus.com or visit us at www.toyotechus.com.

 
 

About AeroGT Labs Corporation

Headquartered in northern California and with satellite offices around the world, AeroGT Labs is a global provider of Over-the-Air (OTA) measurement solutions.  Our patented products and solutions are used by leading automotive, consumer electronics, and medical device manufacturers to help them accelerate their product development cycles and ultimately develop higher-quality products.  The techniques and technologies used in a number of our automotive test solutions have been adopted by several standards bodies including the 3GPP organization.  For more information, please visit the company’s website at www.aerogtlabs.com.

 

About General Test Systems

General Test Systems (GTS), founded in 2012, focuses on wireless testing for the Internet of Everything and provides comprehensive solutions for Over the Air (OTA) measurements. GTS is a market leader and technology innovator in the People’s Republic of China; its products support R&D, conformance, and manufacturing applications. The company holds more than 200 patents and is a 3GPP/CTIA standards contributor. GTS’ global customers hail from diverse industries including wireless communications, automotive, aerospace, and defense. For more information, please visit the company on the web at www.generaltest.com.

 

About TOYO Corporation

Founded in 1953, TOYO Corporation (Head Office: Tokyo, Japan) contributes to technological innovations as a leading provider of advanced measurement solutions. Through its variety of business segments – ICT (Information and Communication Technologies), Automobiles, Energy, EMC (Electromagnetic Compatibility), Ocean Defense and Security, Software Development, Life Science, and Information Security, the company is focused on providing solutions to emerging markets such as 5G network, clean energy, autonomous vehicle development. TOYO also makes significant R&D investments to develop in-house technologies and products. Its growth strategies include developing its market presence in the United States and China and TOYO has established subsidiaries in both of these important markets. By making available the most advanced market-based solutions, TOYO is at the forefront of helping to shape a safe and environmentally friendly society and develop industries. For more information, please visit the company’s website at www.toyo.co.jp/english.

 

About TOYOTech

TOYOTech, founded in Fremont, California, in 2015, is a wholly owned local subsidiary of TOYO Corporation. TOYOTech provides the customers in the US and other countries with TOYO Corporation’s self-developed products incorporating the know-how and technologies accumulated over many decades, as well as TOYOTech’s own-developed products that are unique in the markets – these include test and measurement solutions for automobile, new materials, ICT, and EMC applications among others. At the same time, TOYOTech keeps a keen eye on the newly emerging technologies and up-to-date information in Silicon Valley, a holy site of innovation, actively collaborating with startups and seeking M&A opportunities. For more information, please visit the company’s website at www.toyo

 
 

Contact
info@toyotechus.com

 

All trademarks used in this document are the property of their respective owners. TOYO reserves the right to change product content and product specifications without prior notice. Contact your sales consultant for the latest information.