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Allchips Holds Sharing Session “China’s Electronic Components Situation & AI Creatively Developing” at CHTF 2017

Allchips held the sharing session “China’s Electronic Components Situation & AI Creatively Developing.” In this session, challenges that traditional IC e-commerce faced, and new demands of products, services from IOT and AI companies have been discussed.


shenzhen – WEBWIRE
Rainman Wang, from Allchips Ltd.
Rainman Wang, from Allchips Ltd.

On Nov. 20, fifth day of the 19th China High-Tech Fair 2017, Allchips held the sharing session “China’s Electronic Components Situation & AI Creatively Developing.” In this session, challenges that traditional IC e-commerce faced, and new demands of products, services from IOT and AI companies have been discussed.
 
According to Rainman Wang, VP of Allchips Ltd.: “Allchips’ Intelligent BOM service, based on a combination of big data and AI, enables its registers get fast quotations within seconds, budget new projects, and purchase more efficiently. The users can also upload a whole Bill of Materials using one button, then correct a part number, and price will be shown automatically.”

Some Advise for New Startups and IC E-business Owners by Mr. Wang

First, pay particular attention to the supply chains, especially when the new chips for IOT and AI have been very popularly needed in the market. Many big traditional factories are trying to make the transition. They need not only basic materials, but also creative IOT chips.

Second, innovation must consider IOT and big data. The future needs must analyze big data, so that your supply chain and purchasing platform is intelligent enough to know the end users well. Make your end users feel more efficient and convenient.

Third, offer the best service. There isn’t any retail or trading business that can survive without a good service. You have to be prepared for the industrial chain service, oversea supply chain service, and project design in order to catch up with the new demands of customers. If you are offering basic chips only, the platform would fall behind soon.

Mr. Wei, the Deputy Secretary General of the New Intellectual Industry Alliance said: “With the influence of AI and big data, IOT is the inevitable trend of this age. The traditional way of IC e-business cannot meet the requirements of their customers any more, then new and creative applications of IOT and big data is needed for sure.”

 

About Allchips

Allchips is an Electronic Components Platform for original manufacturers and authorized agents only. It supplies 30,000,000 SKUs and offers intelligent BOM solution. Allchips promise: “No fake components, No refurbished components, and Genuine components only.”

With bright growth prospects, Allchips has gained increased attention from investors. After a big investment in 2016 from Ruiding Capital, in this Aug Allchips has finished its Pre A financing.

Allchips hopes to build long term cooperation with all of their customers and it is their sincere wish that Allchips can grow together with their customers to achieve even greater success in the future.
 


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 Electronic components
 BOM service
 IC business
 High-Tech Fair


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