➀ Mr. Walter W Finke, president of Minneapolis-Honeywell’s Electronic Data Processing Division, predicts explosive growth in the electronic data processing industry over the next few years. ➁ The substantial growth is expected in business and industrial data processing, driven by 'new generation' computers. ➂ By 1965, he believes the US industry's computer output will reach over £1 billion.

➀ Honeywell's 2024 Technology Day kicks off with Chairman Liu Yangwei announcing the global first shipment of the NVIDIA GB200 AI server; ➁ Honeywell will become the first company to mass produce servers with these super chips, including key components, modules, and boards, servers, racks, high-performance switches, and AI data centers; ➂ Liu highlights the deep integration of AI in automation, which represents productivity, with clients reporting a doubling of production efficiency after automation is introduced in their factories; ➃ Honeywell's electric vehicle manufacturing plant in Kaohsiung will become a benchmark for AI smart factories, using digital twin technology to connect to the cloud and achieve synergy between virtual and physical production lines; ➄ The AI revolution is not limited to Taiwan but extends to North America and Asia, covering existing facilities, planned factories, and under-construction parks; ➅ This year marks the 50th anniversary of Honeywell, transitioning from manufacturing connectors to providing system solutions and developing complex core technology capabilities, aiming to build three AI-driven smart platforms.

1. Honeywell is acquiring CAES Systems Holdings for $1.9 billion in an all-cash transaction. 2. The acquisition aims to enhance Honeywell's defense technology solutions. 3. CAES will add approximately 2,200 employees and significant RF engineering talent to Honeywell.