Asia and Global Semiconductor and Tech Research

Andrew Lu

Former Head of Asia ex-Japan Semiconductor and TFT-LCD/Touch Research at Barclays and Citi Bank, Former Head of Technology at 國金證券

Equity Bottom-Up

<ul><li>What's new? Amazon introduced an Amazon Go store by integrating inventory management and AWS with various sensors and deep learning A.I., that consumers can just pick up products and leave without going through a cashier counter.</li><li>How does this new IoT shopping system work? As the customer is picking up some products, RFID readers should record the tagged items to be taken or not, and a camera/face recognization should match up a face image with an earlier check-in customer through Amazon's deep learning A.I. technology.</li><li>Negative impacts to cashiers: Amazon's new IoT grocery shopping system should be less complicated than an autonomous drive vehicle. Given the new system might also apply to department stores and shopping centers, we expect 30-40% of cashiers in all main cities will lose their jobs within the next five years.</li><li>Positive benefits to semiconductors: One 7/11 type of small size grocery store might need over 50 units of various type of sensors, cameras, RFID readers and one deep learning A.I. system. Wireless/wired networking, gateway, cloud data center, and big data storage are also needed to complete the job.</li></ul>

What's new? Amazon introduced an Amazon Go store by integrating inventory management and AWS with various sensors and deep learning A.I., that consumers can just pick up products and leave without going through a cashier counter.How does this new IoT shopping system work? As the customer is picking up some products, RFID readers should record the tagged items to be taken or not, and a camera/face recognization should match up a face image with an earlier check-in customer through Amazon's deep learning A.I. technology.Negative impacts to cashiers: Amazon's new IoT grocery shopping system should be less complicated than an autonomous drive vehicle. Given the new system might also apply to department stores and shopping centers, we expect 30-40% of cashiers in all main cities will lose their jobs within the next five years.Positive benefits to semiconductors: One 7/11 type of small size grocery store might need over 50 units of various type of sensors, cameras, RFID readers and one deep learning A.I. system. Wireless/wired networking, gateway, cloud data center, and big data storage are also needed to complete the job.

Amazon Go's Just Walk Out Technology - A Retail Shoping Revolution by IoT?

Amazon.com Inc

Amazon Go's Just Walk Out Technology - A Retail Shoping Revolution by IoT?