Bird-Like Robot Flies at Chinese Robot Exhibition

Billboard illustrating humanoid robots at 2018 China International Robot Show in Shanghai. Reuters
Billboard illustrating humanoid robots at 2018 China International Robot Show in Shanghai. Reuters
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Bird-Like Robot Flies at Chinese Robot Exhibition

Billboard illustrating humanoid robots at 2018 China International Robot Show in Shanghai. Reuters
Billboard illustrating humanoid robots at 2018 China International Robot Show in Shanghai. Reuters

During an international robot conference in China, many tech companies have showcased their newest creations including a bird-like robot that can actually fly.

The robotic flying bird, inspired by a herring gull and created by German automation firm Festo, is able to take off, fly and land using its own power. It also uses GPS navigation and a remote camera to achieve semi-autonomous flight.

The lightweight robot is made of material weighing around 400 grams. Another eye-catching exhibit was a service robot with two legs capable of both walking and wheeling, reported Reuters.

Chief Marketing Officer Zhao Botao said they named the robot "Nezha", a popular character in traditional Chinese folklore who is able to fly around using his wind fire wheels.

It was the first time this robot was shown to the public and Zhao believed that it could drive further development of service robots' legs in the future to boost safety and efficiency.

Visitors were also fascinated by robotic arms that can be used for picking and placing different objects, as well as robot that can draw portraits for people in no more than five minutes. China is one of the largest markets for service and industrial robots with a growing demand for various kinds of products.



Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far.

Its chip business struggled with weak sales of artificial intelligence chips, dogged by delays in the supply of its latest chips to Nvidia and continued losses in its contract chip manufacturing business, analysts said.

The world's largest memory chipmaker estimated an operating profit of 4.6 trillion won for the April-June period, versus a 6.2 trillion won LSEG SmartEstimate.

That would compare with 10.4 trillion won in the same period a year earlier and 6.7 trillion won in the preceding quarter.

Revenue would likely fall 0.1% to 74 trillion won from a year earlier, the filing showed.

Samsung is expected to release detailed results, including a breakdown of earnings for each of its businesses, in late July.