Author: Hamza Shahnawaz

  • Pakistan stocks gain 614 points on IMF Letter of Intent

    Pakistan stocks gain 614 points on IMF Letter of Intent

    KARACHI: Pakistan stocks ended up by 614 points on Friday as the country received Letter of Intent (LoI) for IMF loan.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended 42,857 points from previous day’s closing of 42,243 points, showing the gain of 614 points.

    READ MORE: Pakistan stocks shed 252 points in range bound session

    Analysts at Arif Habib Limited said that the market opened in the positive zone although investors’ participation remained dull throughout the opening session.

    “The bulls made a comeback in the second session for value hunting across the board after Pakistan received the letter of intent from the International Monetary Fund for the extended fund facility.”

    READ MORE: Pakistan stocks gain 400 points amid positive sentiments

    Main board volumes continued to remain healthy although hefty volumes were witnessed in the 3rd tier stocks.

    Sectors contributing to the performance include Banks (+149.3 points), E&P’s (+115.2 points), Automobile Assemblers (+46.3 points), Fertilizer (+40.3 points) and OMC’s (37.5 points).

    READ MORE: Weekly Review: market likely to continue positive sentiments

    Volumes increased from 281.7 million shares to 373.9 million shares (+32.7 per cent DoD). Average traded value also increased by 36.1 per cent to reach US$ 49.3 million as against US$ 36.2 million.

    Stocks that contributed significantly to the volumes are CNERGY, WTL, PRL, HASCOL and LOTCHEM.

    READ MORE: Pakistan stocks up 671 points on continuous rupee gain

  • Foreign currency rates in Pak Rupee – August 12, 2022

    Foreign currency rates in Pak Rupee – August 12, 2022

    KARACHI: Following are the open market exchange rates of foreign currencies in Pak Rupee (PKR) in Pakistan on August 12, 2022 (The rates are updated at 09:00 AM (Pakistan Standard Time):

    CURRENCY NAMEBUYINGSELLING
       
    US DOLLAR $ (USD)212.50214.50
    SAUDI RIYAL (SAR)57.0058.00
    UAE DIRHAM (AED)58.0059.20
    EURO (EUR)221.00224.00
    UK POUND (GBP)260.00263.00
    JAPANESE YEN (JPY)1.581.60
    SWISS FRANC (CHF)225.27226.27
    DANISH KRONE (DKK)29.3529.45
    NORWEGIAN KRONE (NOK)22.2422.34
    SWEDISH KRONA (SEK)21.1221.22
    AUSTRALIAN DOLLAR (AUD)150.50152.50
    CANADIAN DOLLAR (CAD)167.00169.00
    INDIAN RUPEE (INR)2.352.65
    CHINESE YUAN (CNY)33.5034.50
    AFGHAN AFGHANI (AFN)1.702.00

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to US Dollar on August 12, 2022

    Pakistani Rupee to US Dollar on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 212.50 to the US Dollar

    Selling: Rs 214.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to US Dollar on August 11, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 58.00 to the UAE Dirham

    Selling: Rs 59.20 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UAE Dirham on August 11, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 260.00 to the UK Pound Sterling

    Selling: Rs 263.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UK Pound Sterling on August 11, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 221.00 to the Euro

    Selling: Rs 224.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Euro on August 11, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 57.00 to the Saudi Riyal

    Selling: Rs 58.00 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Saudi Riyal on August 11, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to UAE Dirham on August 12, 2022

    Pakistani Rupee to UAE Dirham on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 58.00 to the UAE Dirham

    Selling: Rs 59.20 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UAE Dirham on August 11, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 212.50 to the US Dollar

    Selling: Rs 214.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to US Dollar on August 11, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 260.00 to the UK Pound Sterling

    Selling: Rs 263.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UK Pound Sterling on August 11, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 221.00 to the Euro

    Selling: Rs 224.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Euro on August 11, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 57.00 to the Saudi Riyal

    Selling: Rs 58.00 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Saudi Riyal on August 11, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to UK Pound Sterling on August 12, 2022

    Pakistani Rupee to UK Pound Sterling on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 260.00 to the UK Pound Sterling

    Selling: Rs 263.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UK Pound Sterling on August 11, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 58.00 to the UAE Dirham

    Selling: Rs 59.20 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UAE Dirham on August 11, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 212.50 to the US Dollar

    Selling: Rs 214.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to US Dollar on August 11, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 221.00 to the Euro

    Selling: Rs 224.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Euro on August 11, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 57.00 to the Saudi Riyal

    Selling: Rs 58.00 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Saudi Riyal on August 11, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to Euro on August 12, 2022

    Pakistani Rupee to Euro on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 221.00 to the Euro

    Selling: Rs 224.00 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Euro on August 11, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 260.00 to the UK Pound Sterling

    Selling: Rs 263.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UK Pound Sterling on August 11, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 58.00 to the UAE Dirham

    Selling: Rs 59.20 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UAE Dirham on August 11, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 212.50 to the US Dollar

    Selling: Rs 214.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to US Dollar on August 11, 2022

    ————————————————-

    Pakistani Rupee to Saudi Riyal on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 57.00 to the Saudi Riyal

    Selling: Rs 58.00 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Saudi Riyal on August 11, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Pakistani Rupee to Saudi Riyal on August 12, 2022

    Pakistani Rupee to Saudi Riyal on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Saudi Riyal (SAR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 57.00 to the Saudi Riyal

    Selling: Rs 58.00 to the Saudi Riyal

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Saudi Riyal /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Saudi Riyal on August 10, 2022

    ————————————————-

    Pakistani Rupee to Euro on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one Euro (EUR) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 221.00 to the Euro

    Selling: Rs 224.50 to the Euro

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells for foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The Euro /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to Euro on August 10, 2022

    ————————————————-

    Pakistani Rupee to UK Pound Sterling on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UK Pound Sterling (GBP) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 260.00 to the UK Pound Sterling

    Selling: Rs 263.00 to the UK Pound Sterling

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UK Pound Sterling /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UK Pound Sterling on August 10, 2022

    ————————————————-

    Pakistani Rupee to UAE Dirham on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one UAE Dirham (AED) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 58.00 to the UAE Dirham

    Selling: Rs 59.20 to the UAE Dirham

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The UAE Dirham /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to UAE Dirham on August 10, 2022

    ————————————————-

    Pakistani Rupee to US Dollar on August 12, 2022

    KARACHI: Following are the rates of buying and selling of one US dollar (USD) in Pakistani Rupee (PKR) in the open market on August 12, 2022:

    Buying: Rs 212.50 to the US Dollar

    Selling: Rs 214.50 to the US Dollar

    The buying rate means an exchange company or a bank buys foreign currency from a customer.

    The selling rate means an exchange company or a bank sells the foreign currency from a customer.

    The rate has been updated at 09:00 AM Pakistan Standard Time (PST).

    The US Dollar /PKR parity depends on open market rates, they are set by the market forces based on foreign currency demand.

    Pakistani Rupee to US Dollar on August 10, 2022

    ————————————————-

    Disclaimer: Team PKRevenue.com provides the available rates of the open market, which are subject to change every hour. The given rates are opening for the day. Team PKRevenue.com provides the available exchange rates at the time of posting the story. So the team is not responsible for any inaccuracy of the data.

  • Xiaomi unveils CyberOne – first ever humanoid robot

    Xiaomi unveils CyberOne – first ever humanoid robot

    BEIJING: Xiaomi on Thursday August 11, 2022 launched CyberOne its first ever humanoid robot.

    As the newest member of Xiaomi’s Cyber series, joining last year’s quadruped robot Cyberdog, CyberOne is fitted with advanced arms and legs, supports bipedal-motion posture balancing, and reaches a peak torque of up to 300Nm.

    Also demonstrated was the ability to detect human emotion, advanced vision capabilities, and functionality allowing it to create three-dimensional virtual reconstructions of the real world, alongside a host of other advanced technologies.

    READ MORE: Xiaomi launches ultra slim MIX Fold 2 smartphone

    New self-developed breakthroughs in Xiaomi Technology Ecosphere

    “CyberOne’s AI and mechanical capabilities are all self-developed by Xiaomi Robotics Lab. We have invested heavily in R&D spanning various areas, including software, hardware, and algorithms innovation,” says Lei Jun, Founder, Chairman, and CEO of Xiaomi Group.

    “With AI at its core and a full-size humanoid frame as its vessel, this is an exploration of possibilities of Xiaomi’s future technological ecosystem and a new breakthrough for the company.”

    READ MORE: Samsung launches all new Galaxy Z Flip4

    CyberOne is a humanoid robot measuring 177cm in height and 52kg by weight, with an arm span of 168cm. Compared to a quadruped robot, this humanoid robot is more mechanically complex, requiring more powerful motors, more degrees of freedom, and complex humanoid biped control algorithms. CyberOne supports up to 21 degrees of freedom in motion and achieves a real-time response speed of 0.5ms for each degree of freedom, which allows it to fully simulate human movements.

    A robot’s motion performance is dependent on the performance of each joint motor. The technological requirement for building such motors is extremely high as it is necessary to generate more kinetic energy without increasing the size of components. In order to ensure the flexibility of CyberOne’s upper limbs, Xiaomi has developed a high-efficiency motor weighing only 500g with a rated output torque of up to 30Nm for the upper limb joint motor. The hip joint motor is similarly capable of an instantaneous peak torque of up to 300Nm. Thanks to the self-developed humanoid bipedal control algorithm, CyberOne’s walking posture has been programmed to be both natural and stable. On top of that, CyberOne is capable of holding up to 1.5kg in weight with a single hand and programming by demonstration. Altogether, CyberOne is a humanoid robot with well-developed coordination and exceptional motion capabilities.

    READ MORE: Xiaomi further improves rank to 266 in Fortune Global 500 list

    Humanoid robots rely on vision to process their surroundings. Equipped with a self-developed Mi-Sense depth vision module and combined with an AI interaction algorithm, CyberOne is capable of perceiving 3D space, as well as recognizing individuals, gestures, and expressions, allowing it to not only see but to process its environment. In order to communicate with the world, CyberOne is equipped with a self-developed MiAI environment semantics recognition engine and a MiAI vocal emotion identification engine, enabling it to recognize 85 types of environmental sounds and 45 classifications of human emotion. CyberOne is able to detect happiness, and even comfort the user in times of sadness. All of these features are integrated into CyberOne’s processing units, which are paired with a curved OLED module to display real-time interactive information.

    READ MORE: Samsung unveils toughest foldable Galaxy Z Fold4

    Keep exploring, and bring robots into people’s lives

    Robotics is considered the “crown jewel of manufacturing” with humanoid robots being the ultimate goal for many across the industry. Compared with industrial robots that are valued for their specialized mechanical capabilities, the main challenge in building humanoid robots is to perfectly simulate human processes of perception, cognition, decision-making, and execution under various scenarios. Interestingly, a large number of new technologies that have emerged in the process of trying to solve this challenge have already been serving the general public in positive ways.

    The development of CyberOne is a symbol of Xiaomi’s dedication to incubate a technological ecosystem centered in a single point, and connect it with the world in ways never seen before. Spanning from smartphones, wearable devices and smart homes, to smart manufacturing, smart electric vehicle and bionic robots, Xiaomi has been constantly exploring and extending its innovations in various scenarios so as to better connect people and the world, eventually building an ever-evolving Xiaomi Technology Ecosphere.

    READ MORE: Samsung launches One UI 5 open beta program for Galaxy S22 series

    Lei Jun notes that humanoid bionic robots require the highest degree of technical integration and present the largest challenge in the field of intelligent robotics. Xiaomi is making its first steps in the field, and CyberOne is constantly adding new capabilities. “We think that intelligent robots will definitely be a part of people’s lives in the future,” said Lei Jun.

    CyberOne’s research and development process combined cutting-edge technologies from a variety of sectors, including bionic perception and cognition, biomechatronics, artificial intelligence, big data and cloud computing, and visual navigation. These technological breakthroughs are also expected to give birth to more application scenarios in other fields, such as industrial robots with improved mechanical performance, companion robots with emotion recognition, and public service robots powered by big data and cloud computing. CyberOne’s technology will also be applied to more and more Xiaomi products in the future.

  • Xiaomi launches ultra slim MIX Fold 2 smartphone

    Xiaomi launches ultra slim MIX Fold 2 smartphone

    BEIJING: Xiaomi on Thursday August 11, 2022 revealed its advanced foldable flagship smartphone, Xiaomi MIX Fold 2 launched in China.

    (more…)
  • Pakistan stocks shed 252 points in range bound session

    Pakistan stocks shed 252 points in range bound session

    KARACHI: Pakistan stocks ended down by 252 points on Thursday as a range bound session was witnessed during the day.

    The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended at 42,242 points from previous day’s closing of 42,495 points, showing a decline of 252 points.

    READ MORE: Pakistan stocks gain 400 points amid positive sentiments

    Analysts at Arif Habib Limited said that a range bound session was observed at the stock market.

    The benchmark KSE-100 index opened in the positive zone but sluggish activity was witnessed as investors opted for profit taking in the last trading hour which led the index to close in the red zone.

    Volumes remained decent in the main board although hefty volumes were witnessed in the 3rd tier stocks.

    READ MORE: Weekly Review: market likely to continue positive sentiments

    Sectors contributing to the performance include Banks (-81.1 points), Fertilizer (-47.3 points), Technology (-43.1 points), Cement (-20.9 points) and E&P’s (-20.8 points).

    READ MORE: Pakistan stocks up 671 points on continuous rupee gain

    Volumes decreased from 373.2 million shares to 281.7 million shares (-24.5 per cent DoD). Average traded value also decreased by 41.1 per cent to reach US$ 35.6 million as against US$ 60.5 million.

    Stocks that contributed significantly to the volumes are UNITY, KEL, WTL, CNERGY and GGL.

    READ MORE: Pakistan stocks gain 357 points as rupee continues recovery