Midea Group

Using AI to mimic and understand human language

Natural Language Processing Tools

SoundHound AI, Inc. is a voice AI company specializing in speech recognition, natural language understanding, and sound recognition technologies. Founded in 2005 and headquartered in Santa Clara, California, SoundHound offers a range of products and services centered around voice-enabled technologies. The company's flagship product is the SoundHound mobile app, which allows users to identify songs by humming, singing, or typing lyrics. SoundHound also provides a comprehensive voice AI developer platform called Houndify, enabling businesses and developers to integrate advanced voice recognition capabilities into their applications and services across various industries.
In addition to its music recognition technology, SoundHound has expanded its offerings to include voice-enabled digital assistants and AI-powered solutions for automotive, connected home, and hospitality applications. The company's technology has been integrated into vehicles through partnerships with automotive manufacturers like Hyundai, Mercedes-Benz, and Honda, providing voice interaction capabilities for tasks such as music control, navigation, and hands-free communication. In December 2023, SoundHound's Dynamic Interaction drive-thru technology received recognition, winning the Automation & Self-Service Award for "Best Use AI."
SoundHound went public in April 2022 through a SPAC merger and is listed on the Nasdaq under the symbol SOUN. The company reported projected revenues of USD 31 million for 2022, with expectations of 50% year-over-year revenue growth in 2023. In December 2023, SoundHound acquired SYNQ3 Restaurant Solutions, a provider of voice AI for restaurants, in a USD 25 million deal, significantly expanding its presence in the restaurant industry.
Key customers and partnerships
SoundHound has established partnerships with several major companies across various industries. In the automotive sector, the company has collaborated with Hyundai, Mercedes-Benz, and Honda to integrate voice interaction capabilities into their vehicles. SoundHound's technology has also been adopted by Snap Inc., with the introduction of Voice Scan in the Snapchat app. Additionally, the company has partnered with Pandora to enhance music discovery through voice interactions in the Pandora mobile app.
SoundHound has expanded its reach through the acquisition of SYNQ3, which is expected to increase its customer base to include over 10,000 signed locations across drive-thru, fast casual, casual restaurants, and convenience stores. This acquisition encompasses more than 25 national and multinational chains. SoundHound has also collaborated with Toast in the hospitality sector, further diversifying its client portfolio.

Qiaotian Intelligent produces domestic flexible production equipment. They are engaged in the execution system research and development and the application of robot end execution systems. Their products include quick-change discs, industrial connectors, and zero-point positioning.

Ruilong Technology is a battery industrialized recycling solution provider.

Xinjuneng Semiconductor is a semiconductor device manufacturer integrating design, research and development, and production. It is mainly oriented to the new energy vehicle and power semiconductor application market, providing users with power semiconductor packaging, modules and other products.

Yaoxin Technology is a MEMS sensor chip provider specializing in power devices, smart sensors, and signal chain ICs.

AISpeech is a high-tech start up specialized in computer speech recognition, analysis, tone analysis and dialog management techniques.

JingxunSoft brings intelligence to users' lives, bringing comfort, convenience, safety, and fun. It provides lighting and wireless audio solutions. For inquiries, email, telephone numbers, and physical addresses are available on their website.

Developer of mobile robots and provider of robot technology solutions. The company develops and manufactures intelligent mobile robots for the manufacturing industry, covering every spectrum of robotics development technologies that are extensively applied in electrical power, railway, automobile, logistics, and other industries to reduce manual operation.

MeshKit is a UAV collaborative application solution provider, dedicated to the UAV-based collaborative application, providing a network for drones. Enable multi-person and multi-machine to generate collaborative workflow, and share functions such as real-time image and voice communication.

Orvibo (欧瑞博) is a Chinese technology company focused on Internet-of-Things technologies, and intelligent household hardware. The company’s product line includes micro intelligent product lines for individual consumption and villas based on ZigBee Wireless Technologies, and full-digital visual doorbell products based on TCP/IP technologies and cloud platforms that provide intelligent services for thousands of Internet-of-Things terminals.  Orvibo partners with chip manfucturers such as MERVELL, TI, and ST, and provides Internet-of Things solutions for household appliance, LED lighting, security, and furniture manufacturers. The company’s team includes software engineers, hardware engineers, structural engineers, UI designers, solution engineers and industrial designers.

SoundHound focuses on the development of voice-enabled AI and conversational intelligence technologies.

XiaoMaiGui is a Chinese smart vending machine operator backed by Chinese electrical appliance manufacturer Midea Group. Consumer can open the machine by scanning QR code through Alipay. After taking out products and closing the door, the payment process will be completed automatically.

Yunding Network Technology is a developer of smart home security systems, specializing in smart locks in the smart apartment segment under its brands Loock and Yunding.

KUKA Robotics is a manufacturer of robotic systems, offering a wide range of industrial robots and robot systems, covering all common payload categories and robot types. KUKA Robotics provides automation solutions tailored to its customers’ applications and industries and develops robotic systems for individual needs. It offers a comprehensive range of services, including collaborative planning and more to help its customers realize the full potential of its products. Founded in 1898, KUKA Robotics is based in Berlin, Germany.

Efort is a listed company in science and technology. The company provides robot products and cross-industry intelligent manufacturing solutions that have empowered industries such as automobiles and parts, 3C electronics, home appliances, rail transit, aerospace, engineering machinery, photovoltaics, casting, sanitary ceramics, furniture, and wood.

Aqara has rapidly grown into a leading smart home brand. Consumers consistently choose Aqara products for its elegant industrial design, high quality & cost efficiency.

Midea Group is a consumer appliances and air conditioning systems manufacturer. They specialize in refrigerators, laundry, kitchen appliances, and water heaters by developing technology. Their products include kitchen chimneys, sensor washing machines, vacuum cleaners, dishwashers, refrigerators, and induction.

China's Midea Group to launch at least $3b share offering in HK

Sterilize with ease: The future of hygiene technology

Hygiene Tech

Technological devices used to keep an individual clean, specifically their body, teeth, and clothing to prevent illness and diseases.

Technological products and devices related to balancing a female's vaginal flora to prevent infections and vaginal diseases.

Technological equipment and devices used to keep an individual's house (such as domestic items, the air, and surfaces) clean to prevent illness and diseases.

Technological equipment and solutions that can be used in an industrial or domestic setting to control biological food hazards (such as microbes and bacteria) and to ensure food safety and quality for human consumption, preventing diseases and illness.

Technological equipment and devices used to ensure clean air, sanitation, and hygiene in public places to prevent illness and diseases.

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