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Stock impact report

Mitsubishi Electric Develops Visualization Technology for Use in Domestic Power Consumption Management

MITSUBISHI ELEC UNSP/ADR (MIELY) 
NASDAQ:AMEX Investor Relations: mitsubishielectric.com/company/ir/index.html
Company Research Source: Business Wire
Estimates the power consumption of home appliances without the need for additional equipment TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has developed new technology that allows the estimated power consumption of individual home appliances to be extrapolated from the overall power consumption of each household. The new solution, the result of joint research with Tohoku Electric Power Co., Inc., makes use of Mitsubishi Electric’s pioneering AI technology Maisart®* to estimate power consumption to a high degree of accuracy without the need to install new measuring instruments. * Mitsubishi Electric's AI creates the State-of-the-ART in technology With this new technology, Mitsubishi Electric Corporation aims to spur the provision of new services using the power consumption data of electricity supply companies and to improve ene Show less Read more
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