IoT Company Tuya Smart

Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, has announced a strategic partnership with InfraX, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC)，during GITEX 2024. This partnership combines InfraX’s infrastructure expertise with Tuya’s innovative smart home technologies to deliver cutting-edge, integrated solutions for modern living.

InfraX Leads the UAE's Economic Diversification Through Smart Transformation​

The United Arab Emirates has been actively pursuing economic diversification to reduce its reliance on the oil industry. Dubai, the emirate with the lowest oil reserves in the UAE, is particularly focused on developing non-oil sectors such as the digital economy, re-export trade, and the financial industry.

In advancing its smart city initiatives, Dubai has implemented forward-looking policies, notably the "Dubai 10X Initiative," aimed at accelerating the intelligent development of Dubai's urban infrastructure. InfraX serves as the primary entity responsible for implementing this transformational plan.

As a key IoT service provider driving Dubai's digital economy, InfraX aims to establish Dubai as a model smart city. The company focuses on delivering advanced intelligent services such as solutions, network infrastructure, and managed services, systematically advancing the smart transformation of Dubai's utility and technology sectors.

InfraX has chosen to collaborate with Tuya. Tuya's efficient, stable, and reliable AI and cloud computing capabilities in the smart home and smart city can help Dubai and the UAE build a highly connected and sustainable smart city.

InfraX and Tuya to Build Smart Cities Together​

Through this collaboration, Tuya will provide InfraX with seamless and scalable smart home solutions that will accelerate the intelligent transformation of UAE cities and enhance residents’ quality of life.

At the hardware level, InfraX will leverage Tuya's rich ecosystem of smart devices to expand its range of smart home products, providing UAE users with broader options for creating connected home environments. On the software front, InfraX will implement Tuya's OEM App solution to achieve unified management and integration of home devices. Through the App, UAE users can view information related to smart products throughout the house and clearly monitor the on/off and operating status of smart devices, effortlessly creating their desired comfortable home environment.

Powered by Tuya's cloud developer platform, InfraX will help UAE users manage home energy consumption while precisely analyzing and optimizing energy usage patterns through intelligent systems. This will significantly reduce household energy consumption and daily operating costs, promoting a sustainable living practices among UAE residents.

Additionally, Tuya will also support InfraX in implementing the private deployment of the smart solution platform. With its dedicated platform, InfraX will be able to implement various value-added functions, including user operation and information analysis, and rapidly develop diverse applications. This will provide differentiated functional support across industries and scenarios, maximizing business value.

“We are delighted to enter this strategic partnership with Tuya. This collaboration is a significant step forward in our mission to deliver advanced infrastructure solutions and drive innovation in the smart home sector. By integrating Tuya’s leading AI, cloud computing and other smart technologies with our infrastructure expertise, we are set to offer groundbreaking solutions that enhance the quality of life and set new standards in home automation,” said Rashid Alahmedi, Chief Operating Officer of InfraX.

“Partnering with InfraX represents a tremendous opportunity to expand the reach of our smart home solutions. We are excited to work together to develop integrated solutions that offer unparalleled convenience, security, and efficiency for smart homes. This MoU signifies our commitment to pushing the envelope of smart home technology and delivering exceptional value to clients,” said Alex Yang, Co-Founder, COO and CFO of Tuya Smart.

The collaboration between InfraX and Tuya not only showcases the strong technological innovation capabilities of both parties but also provides significant momentum into the construction of smart cities and the intelligent transformation of Dubai and the wider UAE. Looking ahead, Tuya will continue to work with global developers to provide high-quality smart home solutions that exceed customer expectations, infusing more innovative vitality into the creation of a green and intelligent whole-house market.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, together with Alibaba Cloud, digital technology and intelligence backbone of Alibaba Group successfully held the 2024 Tuya Global Developer Summit in Dubai, UAE. Marking its debut in the Middle East, the summit facilitated collaboration with global industry thought leaders to impart visionary insights and practical expertise to developers, empowering them to harness boundless business opportunities within the AI era.

Themed "AI in All Sustainable Spaces," the summit committed to leverage Tuya's cutting-edge AI capabilities and beyond to drive the smart transformation of Dubai and the broader Middle East region with global developers, thereby expediting the creation of a more sustainable and intelligent urban environment.

Wenjin Mao, Commercial Representative, Office of Zhejiang Province in UAE (Middle-East), presented the opening speech. He commented, "In recent years, the 'Belt and Road' initiative has strengthened the economic and trade ties, as well as investment cooperation, between the Middle East and Zhejiang. The Tuya Global Developer Summit is setting up an even wider stage for businesses in the Middle East and worldwide, which is poised to drive tech innovation and industrial progress in the region, providing significant economic and social benefits. We eagerly anticipate more Middle Eastern enterprises using this summit as a networking hub and the annual Global Digital Trade Expo in Hangzhou every September as a formal gateway, to grasp the opportunities of our era and chart a new course in smart technology together."

AI Powers the Future, Steering Industry Evolution​

AI has emerged as a pivotal competitive edge for enterprises in their growth trajectory. Recent studies indicate a substantial surge in AI adoption by businesses worldwide over the past five years. By 2026, it is projected that a staggering 80% of global enterprises will integrate AI technology into their operations.

Alex Yang, Co-Founder, COO and CFO of Tuya Smart, delivered a keynote speech at the summit titled "AI for a Sustainable Future." He emphasized, "Currently, AI has been extensively integrated into a multitude of smart devices. The collective operation of these devices has the potential to drastically reduce energy consumption in buildings. For instance, our AI-enhanced Tuya HEMS system has been shown to help households cut their electricity expenses by over 35%. The interconnection of numerous smart spaces and devices contributes to the development of smart cities. To advance this process globally, we have established an AI Agent development platform. This platform enables developers to craft unique AI products and solutions, enriching everyday smart living experiences."

Eric Wan, General Manager of Middle East, Turkey & Africa, Alibaba Cloud Intelligence, spoke on the topic "Empowering Developers with Alibaba Cloud's Capability and Ecosystem." Wan noted, "To help developers further enhance their competitiveness, Alibaba Cloud has reduced cloud costs and utilized our cloud computing infrastructure and platform to assist developers in learning and practicing various emerging technologies, such as AI. As Alibaba Cloud continues to expand our business, we have developed a diverse range of ecosystems encompassing products, industries, regions, and education, which can provide a variety of services to numerous SMEs and help them generate more revenue. Tuya's technological capabilities in cloud computing and AI are well-recognized and can help enhance the capability of our platform. We look forward to collaborating with more innovative companies like Tuya to jointly promote technological advancement and business innovation across the industry."

Following the speech, Alibaba Cloud and Tuya co-hosted a launch ceremony, announcing their collaboration plan on the global rollout of Tuya IoT platform on Alibaba Cloud global marketplace. By seamlessly integrating Tuya's IoT platform with Alibaba Cloud's cloud infrastructure, the global partnership aims to provide developers with access to tools and resources to innovate in IoT, AI, and smart home technologies, thereby creating an open and collaborative ecosystem worldwide.

Junhao Zheng, Senior Cloud Development Engineer of Tuya Smart, spoke on "The Innovation Engine of the AI+IoT Ecosystem." Zheng explained, "AI and IoT are intrinsically linked; IoT provides a wealth of data for AI, while AI offers IoT sophisticated decision-making support to navigate complex, dynamic environments. Consequently, Tuya has merged these technologies to construct a cutting-edge cloud developer platform. This platform not only accelerates the development of smart products by developers but also equips smart devices with rich generative AI capabilities through our AI Agent development platform, effectively fueling product innovation and empowering developers to capitalize on market opportunities."

Dr. Kushnazarov Farruh, Senior Data Scientist at Alibaba Cloud, delivered a speech on "Reshaping Alibaba Cloud for the Generative AI Era" Dr. Farruh commented, "We are proactive in fostering open-source ecosystems, particularly in avant-garde fields like large language models and AI development, continuously contributing our expertise. With the advent of generative AI, we've augmented features such as information privacy and multilingual support to large language model applications, catering to the diverse demands of enterprises. In the future, we aim to collaborate with companies like Tuya to create more practical AI large model tools, setting the pace for new industry trends."

Rain Xing, Product Solution Architect Director at Ant Digital Technologies, spoke on "Riding the Digital Wave: How Super Apps and AI are Transforming Industries for the Future" Xing stated, "Our mPaaS mini-app platform is a comprehensive, end-to-end solution for mobile development, testing, operation, and maintenance, enabling customers to operate within their apps and cultivate an open business ecosystem. With AI enhancements, the mPaaS platform has gained the ability to autonomously generate mini-apps, AI-assisted development, AI digital avatars, and AI chatbots, significantly boosting work efficiency and service levels. We look forward to welcoming companies with robust AI capabilities, such as Tuya, to join us in exploring the boundless potential of AI technology, leading the industrial transformation of tomorrow."

AI-Enhanced Transformation: Redefining Smart Living Spaces​

The summit featured a roundtable discussion themed "AI in Smart Living Spaces", where Tuya engaged with industry trailblazers to delve into the cutting-edge trends and innovative applications of AI within residential environments. This session offered global developers profound industry insights and strategic guidance for future development, equipping them to seize market opportunities.

Dr. Nourhan N. Moussa, Director of Digital Transformation at MLG, commented, "At MLG, our mission is to forge sustainable and smart transportation and logistics solutions. Through extensive exploration in smart transportation, we've developed a suite of solutions that significantly aid cities in achieving intelligent management. Tuya's proficiency in AI technology in this domain is notable. We look forward to enhancing our collaboration with Tuya to drive innovation and practical applications in the realm of smart transportation."

Vivian Chen, CEO of Gallery Five Group, stated, "Our vision is to transform every aspect of the urban landscape into a vibrant artform and to be a catalyst for the evolution of urban living. To realize this, we champion innovative design and the sustainable development of urban spaces, blending art, technology, and environmental considerations. This approach not only enhances the city's aesthetic but also elevates the quality of life and happiness of its inhabitants. In the future, we aim to partner with Tuya to integrate cutting-edge technologies like AI into urban development, jointly exploring the vast potential of smart cities."

Propelling Smart Energy Management Forward: AI Unveils New Ventures​

Following the momentum, Tuya convened its second roundtable, centered on the theme "AI in Energy Management", where experts engaged in comprehensive discussions on AI, energy, and sustainability, guiding global developers in uncovering business potential.

Harvey Zhang, Director of Energy Solution at Tuya Smart, said, "AI is a pivotal force in driving the low-carbon transition of the energy sector. Tuya has enhanced its energy management platform. Utilizing AI models that predict power generation and consumption, this platform offers developers optimal energy scheduling recommendations for lighting storage and charging, effectively facilitating energy savings for households. Moreover, this solution enables precise energy management through the installation of intelligent devices such as water, electricity, and gas meters, and automates energy consumption management via sensor scene linkage, thereby assisting enterprises in reducing their energy expenses."

Watson Chai, Vice President and Board of Director at CNLIGHT, said, "In pursuit of the dual carbon goal, new industrial opportunities have arisen. We steadfastly embrace sustainable development by integrating smart lighting solutions with energy management technologies. With Tuya's support, our solutions maximize electricity savings for customers. As AI rapidly evolves, we are committed to incorporating it into our offerings, providing users with an enhanced, eco-friendly lighting experience."

Khaled Farekh, CEO of FASTNET, shared, "As a leader in smart home and building solutions in Saudi Arabia, FASTNET is dedicated to building automation and low current systems. To promote greener development for families and businesses, we are integrating AI into our energy management systems, enhancing the energy-saving capabilities of our solutions. The summit showcased Tuya's excellence in energy technology, and we look forward to collaborating with Tuya to accelerate global sustainable development."

The 2024 Tuya Global Developer Summit (Middle East) highlighted Tuya's advanced AI technology and its strategic commitment to the global smart market. Moving forward, Tuya will continue to partner with developers worldwide to pioneer AI-driven products and solutions in energy management and smart homes, paving the way for a more intelligent, efficient, and sustainable lifestyle for all.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, made an impressive appearance at GITEX GLOBAL 2024 under the theme of "AI in All Sustainable Spaces," captivating a diverse audience. As one of the world's premier and most impactful technology exhibitions, GITEX GLOBAL 2024 convenes top technology innovators, industry leaders, academic scholars, and developers to explore the boundless potential of cutting-edge domains such as artificial intelligence, smart cities, and sustainability.

Tuya Smart showcased a suite of innovative AI products and solutions, not only offering developers a premier platform for technological creativity but also significantly accelerating the integration of spatial intelligence in Middle Eastern urban landscapes. This proactive approach is propelling the evolution of future living towards a more intelligent and eco-friendly trajectory.

Tuya Cloud Developer Platform Delves Deep into Generative AI​

At GITEX GLOBAL 2024, Tuya's cloud development platform, which fully integrates AI, garnered substantial attention from the on-site audience. The platform serves as an open hub for cloud capabilities, housing over 1,000 Open APIs. These APIs encompass the full spectrum of device lifecycle management, data analytics, and intelligent scene enablement essential for the development of smart applications.

In line with the swift advancement of generative AI, Tuya has crafted a novel AI Agent development platform based on a cloud-native AI technology architecture. This platform equips developers with a wealth of AI standard capabilities and development tools, enabling them to efficiently develop and debug solutions that address myriad practical needs in real-world application scenarios.

Taking the App AI smart agent as an example, it empowers developers to facilitate AI smart control, information retrieval, and swift configuration for end-users through intuitive and seamless dialogue. By offering professional insights and creating and executing scene linkages, it enhances the "intelligence" level of smart products, transforming each into a true assistant for the user's daily life.

For instance, pet products equipped with the App AI smart agent can monitor pet feeding in real-time and provide pet owners with precise feeding recommendations. Simultaneously, they can capture and share endearing moments of pets at play, allowing pet owners to experience their pets' joy at any time and from anywhere. Should any abnormal behavior in pets be detected, the smart agent can promptly offer diagnostic advice to ensure the ongoing well-being of the animals.

Crafting Comprehensive Smart Energy Solutions to Propel Green Transformation​

As the world approaches peak oil consumption and faces escalating environmental challenges, the Middle East is proactively seeking to reshape its energy landscape. The aim is to reduce its over-reliance on the oil sector and pave the way for sustainable development. Aligning with this shift, Tuya is committed to harnessing cutting-edge technologies such as AI, empowering customers to construct diverse energy management scenarios and expediting the green transformation of the Middle East.

At the event, Tuya exhibited a suite of innovative energy solutions, including the Home Energy Management System (HEMS), Building Energy Management System (BEMS), Smart Parking Lot Lighting Solution, and Smart Energy Metering. The company also shared real-world applications of these solutions across various sectors, such as manufacturing and commerce.

The HEMS, for instance, exemplifies a holistic energy solution. It integrates intelligent devices like energy screens, data acquisition sticks, and energy gateways to establish a unified energy device connectivity platform. This enables household users to manage energy comprehensively, from generation and distribution to storage and consumption, substantially reducing energy usage and costs. Additionally, leveraging the pre-integrated AI capabilities and EMS management system of the Tuya Cloud Developer Platform, customers can seamlessly achieve the interconnection of "new energy and smart home," delivering a greener, more efficient, economical, and comfortable user experience.

Among these, the Tuya-enabled energy screen shines brightly at GITEX GLOBAL 2024. Serving as a central hub for home energy monitoring, it not only provides a clear snapshot of the household's energy flow throughout the day but also offers end-users in-depth insights into their energy consumption patterns through detailed data analytics.

Moreover, Tuya introduced the BEMS, a sophisticated solution that integrates building performance management with carbon reduction efforts. Designed to enhance building energy efficiency and foster sustainability, BEMS utilizes a color-coded system in line with international standards, such as those set by the Building and Construction Authority of Singapore. This system visually represents building performance status through colors like green, amber, and red, enabling customers to swiftly evaluate and refine their energy usage.

The core functionalities of Tuya's BEMS include the measurement of carbon footprints, planning for carbon emissions, automating reduction strategies, and providing comprehensive carbon emission reports. By integrating multiple AI models, the system operates round the clock to identify points of energy waste and offers targeted optimization recommendations. With real-time trend analysis and historical data comparisons, customers gain a clear understanding of changes in their energy consumption patterns.

Pioneering the Intelligentization of Spaces to Forge a New Reference of Smart Cities​

In recent years, Middle Eastern nations such as the UAE and Saudi Arabia have been at the forefront of the smart city movement. For instance, Saudi Arabia's "Vision 2030", unveiled in 2016, outlines an ambitious plan for constructing expansive smart cities. Once completed, these new urban developments will be powered entirely by renewable energy and will incorporate a variety of state-of-the-art intelligent technologies, painting a picture of an ideal future urban landscape.

To bring this grand vision to life, the concept of spatial intelligence has emerged as a critical phase. Spatial intelligence, as its name implies, involves the application of smart technologies within spatial environments. It aids urban managers in gaining a more precise understanding of a city's operational status, optimizing resource allocation, and markedly enhancing the efficiency and service levels of urban management.

Tuya boasts significant expertise and a wealth of practical experience in the realm of spatial intelligence, particularly in the trio of core elements: connectivity, interaction, and ecosystem, where it holds unique advantages. At GITEX GLOBAL 2024, Tuya presented an array of smart solutions designed to steer the future trajectory of spatial intelligence and to craft a more comfortable living environment for users across the Middle East and beyond.

In the domain of smart communities, for example, Tuya introduced a comprehensive suite of innovative smart security solutions. These are tailored to address a variety of scenarios including intrusion alarms, childcare and eldercare, as well as fire and flood warnings in residential and small to medium-sized commercial settings, thereby providing users with a thorough solution to their diverse security needs.

Users can personalize and install alarms, sensors, and cameras, connect and configure these devices via a mobile app, and benefit from cloud-based video storage and round-the-clock cloud alarm monitoring services. In the event of emergencies detected by sensors or cameras, such as fires, break-ins, or life safety SOS situations, users are immediately alerted via app messages or email notifications. If an alarm is not addressed within 60 seconds, the system automatically forwards the alarm and associated video footage to the user's authorized cloud-based alarm center for swift action against security threats.

Moreover, smart street lighting is a pivotal component in urban areas. Tuya's smart street light solution has revolutionized street light management through the integration of wireless control technology and 4G gateways.

This solution leverages a 4G gateway for primary control communication, enabling wireless remote management for LED lighting fixtures equipped with Zigbee NEMA or Zhaoga nodes. Additionally, the 4G gateway can establish and manage a mesh network of up to 100 nodes, with a coverage area exceeding one kilometer. Management personnel can monitor the operational status and energy consumption of street lights in real-time via terminal devices and adjust brightness and on/off schedules with ease.

With its array of innovative products and solutions, Tuya has unveiled a glimpse into the future of technology for developers worldwide, sparking further inspiration and creativity. Moving forward, Tuya is committed to deepening its exploration and application in cutting-edge fields such as AI, collaborating with global partners and customers to contribute to a smarter and more sustainable world.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud developer platform service provider, will present its latest AI-driven products and solutions at GITEX GLOBAL 2024 in Dubai, United Arab Emirates, from October 14th to 18th.

As the economic epicenter and a beacon of technological innovation in the Middle East, Dubai has made significant strides in fostering AI adoption in recent years through the implementation of incentivizing policies. The city strives to transform into a "future city," with AI at its core, and a smart city as its blueprint. Aligning with this vision, GITEX GLOBAL 2024 has embraced the theme "AI Everything," uniting technology innovators, AI developers, data scientists, government leaders, and industry experts from diverse sectors to harness the potential of AI and propel the region's industrial progress.

Embracing this ethos, Tuya has selected "AI in All Sustainable Spaces" as its exhibition theme. By leveraging its groundbreaking technological prowess in AI and related domains, Tuya aims to collaborate with global developers to enhance spatial intelligence in Middle Eastern cities, notably Dubai, thereby accelerating the development of sustainable smart cities.

Revolutionary AI-driven, Diverse, and Innovative Products and Solutions​

The Middle East has embarked on a journey of economic diversification and smart transformation, with AI serving as a key technology that provides critical support and acceleration.

For instance, Saudi Arabia's "Vision 2030" strategy has catalyzed significant investments into intricate smart city initiatives. A PwC report forecasts that by 2030, AI will contribute nearly 14% to the UAE's GDP and 12.4% to Saudi Arabia's, underscoring the immense market potential in the region.

Capitalizing on these vast prospects, Tuya aims to further propel the AI transformation in the Middle East by introducing an array of AI-driven products and solutions spanning smart commercial, smart travel, and smart community applications. These include intelligent parking lot lighting solutions featuring AI-enabled seamless debugging and low-carbon sports initiatives powered by AI, among others. These groundbreaking solutions not only enhance the intelligence of urban spaces but also significantly enrich people's daily lives, while inspiring creative ideas among global developers.

Multiple Energy-saving Solutions to Create Smart and Sustainable Spaces​

Amidst the relentless urbanization in the Middle East, the region's burgeoning population underscores the urgency to mitigate emissions. In light of mounting environmental challenges, Middle Eastern nations like Saudi Arabia and the United Arab Emirates have embarked on a mission to redefine their energy development goals, striving to expedite the transformation of their energy landscape.

In line with this transformative trend, Tuya remains at the forefront of AI innovation, poised to introduce a comprehensive suite of AI-driven energy solutions. These encompass Tuya's solar storage energy management systems, building energy management systems, and campus energy solutions, among others. By harnessing intelligent, efficient, and eco-friendly technologies, Tuya aims to propel various urban spaces towards a low-carbon, sustainable future, fostering a greener, more resilient environment for all.

TUYA Global Developer Summit in the Middle East Region​

In addition to showcasing innovative solutions and products, Tuya will also hold the 2024 TUYA Global Developer Summit (Dubai) during GITEX GLOBAL 2024. Jointly orchestrated by Tuya and Alibaba Cloud, this event serves as a key platform for global developers to delve into and share the latest advancements in AI technology applications.

Tuya has the distinct honor of inviting industry leaders from Alibaba Cloud, Dubai Electricity and Water Authority, McKinsey, and MLG to shed light on the latest AI industry trends, enabling developers to capitalize on the global AI market. With the guidance of these prominent figures, numerous business collaboration opportunities will arise, giving a new boost to the smart industry's continuous development.

GITEX GLOBAL 2024 undoubtedly brings unprecedented development opportunities for Tuya, global developers, and major manufacturers. Through in-depth exchanges on the application of AI technology, participants will be inspired with infinite creative sparks, gradually promoting the deep integration and collaborative development of the global technology ecosystem, and jointly achieving the rapid construction and development of global smart cities.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, exhibited at IFA 2024 under the theme of "Sustainable Innovations for AI." The company aimed to demonstrate the integration of AI and other emerging technologies into innovative solutions, fostering smarter, more eco-friendly, and low-carbon smart living scenarios for developers worldwide, thereby reinforcing the momentum towards a comprehensive blueprint for global sustainable development.

In keeping with this theme, Tuya unveiled an impressive array of smart solutions and products spanning AI, energy, transportation, and beyond at IFA 2024. These displays garnered high acclaim from attendees and provided fresh inspiration for future innovations by global developers.

AI Agent Development Platform: Creating Diverse Intelligent Scenarios​

Amidst the digital tide of globalization, AI is leveraging its formidable data processing, analytical, and predictive prowess to emerge as a key force driving industrial transformation and spearheading the evolution of the global marketplace. According to a Precedence Research report, the global AI market is expanding rapidly, and is projected to surge to $159.03 billion by 2030, fueled by a remarkable compound annual growth rate of 38.1%.

Recognizing this immense potential, Tuya has proactively embraced AI and unveiled a cutting-edge AI Agent development platform, rooted in Tuya's expansive open ecosystem and profound expertise in AI project development. This innovative platform boasts flexible development methodologies and a vibrant model ecosystem, enabling developers to craft AI agents tailored to diverse categories, adaptable to various application scenarios, and personalized to resonate with individual brand identities.

Leveraging AI agents, developers now enjoy a revamped and intelligent development process. They can effortlessly and swiftly embed AI models into a wide array of hardware products, including robots, speakers, headphones, glasses, and more, while also seamlessly integrating them into smart applications, enabling the construction of virtually any envisioned smart living scenario.

Tuya’s AI Agent development platform has extended AI's reach into eight core application scenarios: home energy-saving, creating comfortable spaces, pets and lifestyle, security protection, sports and health, entertainment and education, convenient travel, as well as communication and efficiency. This comprehensive coverage spans nearly all categories of smart products.

The Company has also developed a diverse array of AI-driven applications based on this platform, including AI-powered pet MiniApps, AI energy-saving MiniApps, and comfortable space MiniApps, among others. These applications are seamlessly accessible and ready for immediate use, profoundly enriching consumers' daily lives and experiences.

The AI energy-saving MiniApps have ushered in a new era of functionality by ingeniously fusing AI's vast capabilities with energy-saving and eco-friendly mini-programs.

These AI energy-saving MiniApps engage users in real-time conversations, deeply understanding their energy-saving demands. Furthermore, they autonomously learn and refine energy-saving tactics, factoring in real-time electricity pricing, storage capabilities, indoor and outdoor conditions, as well as user behavior patterns. This holistic approach enables them to offer users comprehensive electricity consumption insights and tailored energy-saving recommendations, ultimately maximizing savings on electricity bills.

Upon reaching a predetermined threshold of energy consumption within the household, the MiniApp promptly alerts users with home energy consumption warnings, encompassing off-peak electricity reminders and equipment shutdown alarms, thereby guarding against excessive energy usage. These AI energy-saving MiniApps can effectively reduce households' electricity consumption by 20% to 30%.

Home Photovoltaic Energy Management Solution: Unleashing Balcony Energy Storage Potential​

As a result of the European energy crisis, households across the region have been significantly impacted by soaring electricity prices and energy shortages, prompting the integration of low-carbon and energy-saving practices into their daily routines, including the adoption of household energy storage solutions and other devices. According to a recent survey by Wood Mackenzie, the cumulative deployment of residential energy storage capacity in Europe is projected to surge fivefold, attaining 6.6 GWh by 2024, positioning it as the world's largest market for household energy storage.

To help global developers capitalize on emerging business opportunities, Tuya has thoroughly refined and enhanced its home light storage energy management solution. The upgraded home solar energy storage management solution now incorporates a dynamic electricity price management feature, allowing users to precisely navigate electricity price fluctuations while offering them comfortable and cost-effective electricity consumption strategies. This creates a seamless energy-saving ecosystem for users, simplifying and streamlining daily energy conservation efforts.

Furthermore, the solution extends household energy management to balconies, leveraging balcony photovoltaic equipment to harness solar energy for daily consumption, fine-tuning the output through energy storage batteries and dynamic electricity pricing tactics, thereby fostering household energy conservation. Meanwhile, Tuya-enabled metering sockets enable customers to help users with real-time visibility into energy consumption dynamics, facilitating energy optimization.

To enhance user understanding of energy consumption status, Tuya’s Home Solar Energy Storage and Management Solution incorporates an energy screen. This feature provides end-users with a clear overview of their home's energy flow, simplifying and expediting energy management processes.

AI-driven low-carbon travel solutions: Establishing a new trend in eco-friendly and health-conscious travel​

To align with the European Commission's "European Green Deal" target of achieving carbon neutrality by 2050, a 90% reduction in transportation-related carbon emissions in Europe is imperative. However, emissions from transportation modes like automobiles and aviation continue to rise, requiring the urgent adoption of innovative sustainable transportation strategies to mitigate the carbon footprint of daily commutes.

In response, Tuya presents AI-powered low-carbon travel solutions, a cycling-centric approach that integrates low-carbon sports, intelligent connectivity, and AI-driven assistance, tailored for two-wheeled vehicles like E-bikes. This solution aims to revolutionize transportation and contribute to the reduction of carbon emissions.

At the hardware level, Tuya innovatively fuses core components including E-bike instruments, electronic controls, batteries, and VCUs with vehicle networking technology, creating a comprehensive and highly intelligent E-bike core electrical system. This system alleviates end-users' concerns regarding carbon emissions associated with two-wheeled vehicle usage. Additionally, with an independently crafted high-strength geometric frame, Tuya enables customers to realize a 4G fully intelligent E-bike, fostering low-carbon and eco-friendly commuting.

At the software level, Tuya introduces an app incorporating AI models. This app empowers E-bikes with intelligent Q&A services, addressing vehicle-related queries promptly. In case of malfunctions, the built-in intelligent AI customer service within the app offers swift solutions, ensuring hassle-free rides. Furthermore, the app facilitates real-time remote adjustments, precise positioning and navigation, smart assistance, and robust anti-theft mechanisms. It also conducts thorough vehicle inspections, enhancing end-users safety and overall smartness of their E-bikes.

Additionally, Tuya presents an ecosystem solution that fosters seamless interconnectivity between people, cars, and homes. This solution enables customers to establish a universal smart home system that adopts multiple brands, ecosystems, and different devices, facilitating seamless integration between vehicles and smart homes. Leveraging the car's automatic voice recognition feature, users can effortlessly command a myriad of Tuya-powered smart devices within their abode, such as floor-cleaning robots, air conditioners, curtains, lighting fixtures, and doorbells. This creates an immersive and interconnected living experience, seamlessly blending people, cars, and homes into a cohesive intelligent ecosystem.

Smart Parking Lot Lighting Solution: Leading the AI debugging-free era of lighting​

Tuya's smart parking lot lighting solution unveiled a significant upgrade, introducing an AI-powered adjustment-free function. This innovative feature enables the solution to intelligently perceive environmental and dynamic variations in lighting fixtures, autonomously adjusting to optimal lighting conditions tailored to end-users needs, without manual intervention.

Moreover, the smart parking lot lighting solution supports Bluetooth Mesh protocol, enabling swift deployment of "plug and play" lighting features in a network and gateway-agnostic environment. This streamlines the installation process, enhancing customers' construction efficiency by 95%, ushering in a new era of seamless and efficient smart lighting solutions.

The smart parking lot lighting solution boasts robust remote control capabilities, allowing customers to effortlessly adjust individual or grouped lighting configurations via mobile apps, web-based management platforms, and open system API interfaces. This flexibility ensures seamless local sensing integration and AI lamp synchronization within groups, catering to the diverse lighting demands of the market.

Furthermore, the solution is enriched with advanced cloud functionalities, leveraging precise energy consumption algorithms and measurement capabilities to achieve granular energy management and analysis down to the level of individual lamps. The platform also provides a comprehensive suite of tools, including project overviews, energy consumption, and carbon emission analysis, equipment asset management, and anomaly alarm notifications, enabling enterprises to effectively minimize electricity consumption and operational costs associated with lighting. The adoption of smart parking lot lighting solutions can lead to energy savings of at least 80%, underscoring their substantial financial and environmental benefits.

It is noteworthy that during the grand opening of IFA 2024, Tuya organized the Tuya Connect event, a gathering of esteemed partners and industry leaders from Europe and beyond, aimed at fostering enhanced communication, exchanging insights, and collaboratively charting new business avenues. The event showcased Tuya's commitment to fostering sustainable energy development, as evidenced by the invitation of two esteemed guests from the energy sector—Matt Roderick, Head of Markets at FlatPeak, a market leader at the global data and energy intelligence platform, and Danny Jennings, Chief Revenue Officer at equiwatt, a pioneering UK climate technology firm. Together, they delved into optimizing real-time energy pricing and harnessing smart technology for cleaner energy sources, offering business partners practical, low-carbon, and energy-efficient strategies that align economic prosperity with environmental stewardship.

Moreover, on September 9th, Tuya will host the highly anticipated 2024 Tuya Smart Global Developer Summit, convening industry leaders to analyze the forefront of AI advancements in the smart industry, guiding developers in navigating their technological trajectories, and bolstering their market competitiveness.

Tuya's innovative solutions were showcased at the IFA 2024, igniting the imaginations of global developers with the latest technological perspectives and fueling their passion for exploring realms such as smart home furnishings and energy efficiency. Looking ahead, Tuya remains steadfast in its pursuit of innovation, poised to introduce an array of AI-powered, energy-saving solutions and products to developers worldwide, thereby jointly promoting a new chapter of smart living and sustainable development.

Tuya Smart (NYSE: TUYA, HKEX: 2391), the leading global cloud platform service provider, has been selected for Gartner's prestigious "Hype Cycle for Smart City and Sustainability in China, 2024" for the third consecutive year. This recognition highlights the maturity and potential of smart city and sustainable development technologies, as well as their significant market impact.

Eva Na, Vice President of Marketing and Strategic Cooperation, and CMO of Tuya Smart, expressed her delight at this achievement. "This accolade not only validates our technological prowess and industry influence, but also affirms our commitment to advancing smart city construction in China. As we navigate the complexities of technological progress, Tuya will continue to lead the way in addressing weaknesses in smart city infrastructure, bolstering AI and cloud computing capabilities, and introducing innovative solutions that propel cities towards a greener, smarter future."

Empowering the Transformation Towards Future Smart Living​

Gartner's "Hype Cycle for Smart City and Sustainability in China, 2024" report underscores the pivotal role of IoT, generative AI, data center networks, and cloud platforms as the cornerstone of smart city development. These technologies empower cities to streamline resource and service management, adeptly tackle intricate urban challenges, and ultimately, foster a transformed urban environment that significantly enhances the quality of life for its inhabitants.

At the forefront of this transformation, Tuya remains steadfast in its commitment to pioneering innovative solutions tailored for diverse urban settings. From traffic optimization to smart streetlights, community enhancements, office automation, and supermarket efficiency, Tuya's solutions have been seamlessly integrated into these scenarios, revolutionizing urban management and service delivery. As a result, the company has significantly contributed to the improvement of people's quality of life, setting the pace for the future of smart cities.

For instance, Tuya enables developers to craft smart streetlight solutions that encompass intelligent control, centralized management, automation, energy conservation, comprehensive data monitoring, and efficient operation and maintenance, elevating the management standards of lighting facilities. Through the intuitive energy consumption dashboard, users can instantly grasp the energy usage of streetlights, ensuring reliable data support and bolstering the energy-saving effectiveness of these vital urban infrastructures. Furthermore, Tuya's smart lighting strategy intelligently adapts to varying traffic patterns, automatically adjusting light intensity to cater to the needs of vehicles and pedestrians, thereby providing a more comfortable and energy-efficient lighting experience.

Complementing streetlight advancements, smart communities are emerging as a cornerstone in the smart city landscape. Leveraging the cloud developer platform, Tuya facilitates a seamless smart upgrade across diverse scenarios within communities, encompassing smart homes, parking lots, access control, and elevator management. This comprehensive approach ensures a seamless transition from individual home intelligence to an overarching smart community, enhancing property management and fostering innovation in real estate development.

As a pioneer in the smart industry, Tuya plays a pivotal role in the construction of smart cities. Harnessing the formidable momentum of cutting-edge technology, Tuya relentlessly propels cities towards unprecedented levels of efficiency and intelligence. This relentless pursuit not only fosters a quantum leap in urban development but also significantly elevates the quality of life for residents, marking a dual triumph for the future of smart cities.

Empowering with Smart Energy Solutions, to Shape the Blueprint for Sustainable Development​

Since the adoption of the United Nations' 2030 Agenda for Sustainable Development in 2015, nations and businesses worldwide have embraced the challenge of addressing climate change and environmental degradation, actively engaging in conservation efforts and advancing towards sustainable development. In this global pursuit, low-carbon and energy-efficient practices have emerged as paramount priorities across industries.

Recognizing this imperative, Tuya has been at the forefront of innovation, leveraging emerging technologies like AI and cloud computing to devise groundbreaking solutions that enable enterprises in their energy conservation and emission reduction endeavors. In the energy sector, Tuya's building energy management system stands as a testament to this commitment. By establishing carbon emission models and offering tailored energy-saving strategies, this system enables customers to optimize the energy efficiency of their buildings, thereby reducing operational costs and contributing to a greener future.

In the realm of household energy, Tuya has crafted a home energy management system that revolutionizes energy monitoring for households. This system offers a seamless visualization of energy info encompassing lighting, storage, charging, and consumption, significantly minimizing energy waste and household expenses. Currently, Tuya's home energy management systems have garnered widespread adoption across markets in Europe and Southeast Asia, yielding remarkable outcomes. Notably, in Singapore, Tuya-enabled energy-saving kits have demonstrated an average energy savings of 25%, with exceptional households achieving a stunning 54% reduction in monthly electricity consumption.

Underscoring its commitment to global sustainable development, Tuya has officially joined the United Nations Global Compact (UNGC) this year, pledging its full support for the organization's global action plan. This move signifies international recognition of Tuya's steadfast dedication to fulfilling its social responsibilities and opens up new avenues for the company to contribute meaningfully to sustainable development initiatives through active participation in discussions and practical implementations addressing key sustainability challenges.

It is noteworthy that Tuya has garnered recognition in various Gartner reports this year, including the "Emerging Tech: Top Trends in Embedded AI Smart Home Products", "Emerging Technology Horizon for Devices", and "Emerging Tech Impact Radar: Personal Technologies", among others. This underscores Tuya's profound expertise and remarkable prowess in integrating AI technology, constructing smart home ecosystems, and pioneering innovative device developments.

As a industry leader, Tuya's inclusion in multiple Gartner reports this year serves as a testament to its relentless pursuit and exceptional achievements in the realms of smart cities and sustainable development. Looking ahead, Tuya will continue to collaborate with intelligent enterprises, to expedite the manifestation of the alluring vision of smart cities and sustainable development, painting a vibrant picture for humanity's future.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, has unveiled an innovative smart lighting solution that has set a new global benchmark and surpassed industry standards as it gains traction in international markets.

Amid the current wave of globalization, Chinese domestic enterprises are expanding into international markets at an unprecedented pace, leveraging distinct advantages. Technology has emerged as a critical success factor in this expansion. Tuya's smart lighting solution, built on stable and reliable connectivity technology and an open ecosystem, has earned widespread acclaim in the international lighting market.

Firefly Projects B.V. (Firefly), a pioneer in the European smart lighting industry, is one of the key overseas customers adopting Tuya's smart commercial lighting solutions. This collaboration not only reinforces Tuya's growing influence in the global lighting market but also demonstrates the success of its international strategy for smart lighting technology.

Tuya's Lighting Technology Wins Over Firefly​

As sensing and AI technologies mature, demands in the overseas lighting market are evolving, particularly in commercial settings. International companies now prioritize not only lighting effects but also energy conservation and efficient maintenance of lighting equipment to enhance user experience and operational efficiency.

Firefly, in response to these high-level requirements, sought smart connectivity technology capable of ensuring equipment stability in outdoor and indoor environments. By adopting Tuya's smart lighting solutions, Firefly can help its customers cut energy costs, streamline workflows, and achieve sustainable development.

After extensive testing, Tuya's smart commercial lighting solution impressed Firefly with its unparalleled performance. Initially skeptical about wireless solutions in large outdoor venues due to past experiences with inconsistent connectivity, Firefly was pleasantly surprised by Tuya's robust and reliable connectivity. The solution's compatibility with wired DALI and KNX systems further cemented the decision to collaborate.

Commenting on this partnership, Frank Visser, CEO of Firefly, said, "The Tuya commercial lighting solution stands out for its exceptional connectivity capabilities. By joining forces with Tuya, we've significantly bolstered our product offerings and set a new benchmark for intelligence in the European market. This is a pivotal step towards realizing our aspirations for sustainable architectural development. Together, we are committed to driving product innovation and capitalizing on emerging business opportunities."

Tuya's Solution Helps Firefly Overcome Business Challenges​

Amidst the escalating global demand from customers, Tuya's smart commercial lighting solution provides Firefly with multifaceted technical support. On the hardware front, Tuya offers Firefly a vast hardware ecosystem and TSCC hardware quality certification services. enabling Firefly to efficiently expand its range of smart products while ensuring the quality of its core hardware offerings, effectively facilitating its customers' smart transformation.

On the software side, Tuya provides Firefly with a professional smart lighting control system. This system allows Firefly's customers to visualize lighting control, manage energy consumption and devices, and implement intelligent construction across different areas, enhancing work efficiency while significantly reducing energy consumption.

Leveraging Tuya's smart commercial lighting solution, Firefly's lighting technology has achieved a qualitative leap. It now excels in various lighting scenarios and precisely matches customers' complex and diverse lighting needs, demonstrating remarkable flexibility and outstanding performance.

For instance, Firefly's exceptional lighting technology was prominently showcased at Golfclub Delfland in the Netherlands, Europe’s only fully smart lighted PAR 3 golf course.

As an extensive outdoor golf course, Delfland faced limitations in winter usage due to the absence of nighttime lighting. To address this, Firefly was tasked with providing lighting solutions. However, the lack of cables and challenges in Wi-Fi or Zigbee network coverage posed significant obstacles to deploying lighting equipment.

Collaborating with Tuya, Firefly developed Cat.M-based smart controllers that enabled a cost-effective retrofit of the golf course. These controllers facilitated stable and seamless connections between light fixtures, supporting features such as scheduling, dawn-to-dusk control, dimming, and scene switching. Furthermore, each light fixture could be connected to the cloud, allowing for real-time monitoring and unified management. This enabled customers to instantly access information on light usage, energy consumption, and any abnormalities, ensuring prompt resolution of any issues.

Apart from its robust and reliable connectivity technology, Firefly has also significantly upgraded its circadian lighting capabilities, creating a comfortable lighting environment in 50 schools total over multiple projects in Europe. By offering an integrated cloud-end and local-based circadian lighting strategy, the schools' fixtures can effectively detect human activity, enabling smart lighting control. Meanwhile, various public areas feature multi-level dimming, providing indoor occupants with diverse lighting options. More importantly, by adjusting parameters such as brightness and color temperature, the fixtures mimic the natural progression of light from sunrise to sunset, effectively safeguarding the visual health of teachers and students.

To meet today's demands, lighting must also be energy efficient. Tuya's smart commercial lighting solution incorporates AI adaptive algorithms that effectively address Firefly's clients' energy-saving requirements, as exemplified in one of the accounting firms in the Netherlands. With over 200 small offices and meeting rooms, the firm aimed to maximize energy conservation. However, the abundance of windows flooding the interiors with natural light, coupled with the high occupancy, posed significant challenges for Firefly's sensor and lighting integration.

To overcome this challenge, Firefly leveraged Tuya's AI adaptive algorithm in conjunction with microwave motion sensors and ambient light sensors. This precise approach calculates the optimal light delay time based on frequency, which is adjusted by the AI algorithm according to periods and occupancy data. When the delay timer expires without detecting human movement, the system automatically turns off the lighting, contributing to the firm's energy savings.

Recently, Firefly and Tuya have entered into a new partnership, enabling Firefly to offer comprehensive support to European installers interested in smart building solutions. This partnership enables Firefly to provide a full range of services, including product development and supply, commissioning, installation, advice, and financing.

The successful overseas deployment of Tuya's smart commercial lighting solution underscores its formidable technical prowess in the lighting sector. Deep collaborations with overseas enterprises like Firefly not only enhance Tuya's penetration in global markets but also generate more international business opportunities. Looking ahead, Tuya will continue to leverage its strengths, drive ongoing innovation and development in smart lighting technology, support more enterprises to expand globally, and jointly shape a brighter future.

For more information or to take advantage of these offerings, contact Firefly or Tuya at firefly.online.

During the wave of smart technology, participating in large-scale exhibitions has become a vital path for companies to increase brand influence and broaden market horizons. However, this process also comes with many challenges. For example, companies may face difficulties in obtaining quality resources and ideal locations for their exhibitions. Additionally, the monotony of exhibition forms, the lack of proactive customer attraction methods, and insufficient product innovation capabilities can all become bottlenecks restricting companies.

As a leader in the smart industry, Tuya has remained committed to providing a display platform and building cooperation bridges for global developers. This time, Tuya's launch of a new IP aims to fundamentally solve these industry challenges and help companies achieve breakthroughs.

Leveraging its strong ecosystem integration capabilities, Tuya is able to bring together customers across all industry categories and the entire supply chain to jointly build a vibrant, interconnected smart ecosystem, breaking from the previous situation where exhibitors struggled alone and found it difficult to form synergy. Through its innovative exhibition format, Tuya provides developers with a global stage to showcase the latest and most cutting-edge smart technology achievements, helping exhibitors attract potential customers.

Moreover, the Tuya Ecosystem Partners Exhibition will offer exhibitors more channels for product exposure and brand communication, such as exhibition area live streaming, media interviews, and graphic displays, bringing developers millions of instances of exposure in a very short time, which effectively enhances brand awareness and influence. Developers will also have the opportunity to achieve precise business connections with partners such as global energy storage system integrators, smart appliance brands, core foreign trade OEM/ODM factories, traders, and more, and jointly venture into the smart market.

Tuya Ecosystem Partners Exhibition Ignites the 2024 TUYA Global Developer Summit

The Tuya Ecosystem Partners Exhibition, co-hosted by Tuya and leading companies like Chli, Huizhu, Links Field, and Silicon Labs, presented brand stories and enhanced product experiences in a more immersive and scenario-based manner. It was undoubtedly a highlight of the 2024 TUYA Global Developer Summit, attracting a continuous stream of visitors. At the exhibition, visitors can experience cutting-edge technology applications, enjoy innovative AI interactive achievements, and explore the fascinating aspects AI can bring to life and work.

Tuya × Chli

Founded in 2011, Chli is a high-tech enterprise focused on AI ultra-energy-saving lighting, eye-protection lighting, and urban sites lighting. The company is committed to becoming an "artist of light" and providing reliable, efficient, and healthy lighting products for the intelligent development of humanity.

Chli is dedicated to creating benefits through technology, actively responding to China’s national "dual carbon" strategy, and being a pioneer in niche fields. At this ecosystem partners exhibition, Chli's full-spectrum healthy light and AI ultra-energy-saving system shined. For example, their AI ultra-energy-saving system solves difficult problems such as high-power consumption and the management of traditional LED tube lighting. The ultra-energy-saving tube products have average power consumptions as low as 2.5W, with a comprehensive energy-saving rate of over 80%, and have been implemented in hundreds of energy-saving application projects nationwide.

Tuya × Huizhu

Huizhu is a comprehensive hospitality industry solution provider dedicated to offering one-stop smart hotel solutions, and covers the entire process, from smart hardware production and manufacturing, to platform and software integration, to implementation. Over the years, Huizhu has consistently focused on the hotel industry, serving over 50,000 hospitality clients.

With strong product development capabilities and a forward-looking vision, Huizhu has launched a series of "black technology" products, leading the innovation trends in hardware devices. At the Tuya Ecosystem Partners Exhibition, Huizhu's hotel self-service machines and door card activation machines attracted considerable attention. The self-service check-in machine, for example, supports customization, OTA integration, mini-program development, and brand PMS integration, providing a solid foundation for hotels to achieve self-service check-in and further improve operational efficiency.

Tuya × Links Field

Links Field is a global leader in IoT connectivity service solutions, committed to providing reliable and stable global wireless connectivity services to global customers, including eSIM/SoftSIM/Multi-SIM technology, remote OTA code management, DP+ management platform, MCU coding, and more. It has established comprehensive marketing and service support capabilities worldwide.

At the Tuya Ecosystem Partners Exhibition, Links Field showcased its high-quality international wireless connectivity solutions. By using these solutions, customers can more easily manage their smart devices and improve the stability, security, and reliability of their device connections. With GSMA-certified rapid access to global networks, Links Field successfully incorporates global wireless network resources, covering over 220 countries and regions and providing strong support for customers to expand into global markets.

Tuya × Silicon Labs

Silicon Labs is a pioneer in the field of IoT wireless connectivity, providing integrated hardware and software platforms, convenient development tools, and an unparalleled ecosystem to help partners build advanced industrial, commercial, home, and life applications. Silicon Labs leads the industry in high performance, low power consumption, and security, supporting a wide range of multi-protocol solution combinations.

Silicon Labs showcased their wireless connectivity solutions for commercial lighting at the exhibition. This solution is suitable for various devices such as Zigbee gateways, Zigbee downlight drivers, charging piles, and wireless modules. Additionally, with Silicon Labs' latest SoC series products, users can experience unprecedented efficient connectivity. The low power consumption of the SoC series also extends the life of wireless devices, edge nodes, and access points by reducing the frequency of battery replacements, providing users with more convenient and economical options.

Through collaboration with industry leaders such as Chli, Huizhu, Links Field, and Silicon Labs, Tuya has built a platform interlinking the global market and leading the AI technology innovation trend. In the future, Tuya will continue to uphold the concepts of openness and win-win cooperation, working with more industry stakeholders to promote the prosperous development of the smart business ecosystem through the innovative model of the global ecosystem partners exhibition.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global cloud platform service provider, today announced it has formally joined the United Nations Global Compact (UNGC), pledging to uphold the UNGC's “Ten Principles” on human rights, labor, environment, and anti-corruption.

Joining the UNGC marks a significant milestone for Tuya, as the company's longstanding efforts to actively fulfill corporate social responsibility gain global recognition. It also provides a broader platform for Tuya to promote sustainable development worldwide with the help of innovative technologies such as generative AI.

Launched in 2000 by the UN Secretary-General Kofi Annan, UNGC is the world's largest and most influential international organization promoting corporate sustainability, with more than 24,000 corporate and other stakeholder participants from nearly 170 countries. Participants work together to help realize broader UN goals.

Partnering Globally to Advance UN Sustainable Development
Tuya will collaborate with the UNGC to mobilize sustainable businesses and stakeholders around the world to build a better, more sustainable world. Tuya is committed to fully participating in UNGC's Global Action Plan, actively engaging in the discussion and practice of key sustainability issues, and conscientiously fulfilling the organization's membership responsibilities, including following the basic principles of sustainability, conducting business responsibly, engaging in local sustainability affairs wherever it has business operations, and implementing the concept of sustainability from the top down.

The Tuya Cloud Developer Platform brings together more than 1,074,000 developers, who constitute a powerful force for sustainable development. In this open, neutral smart ecosystem, developers communicate, share resources, and combine strengths to create valuable sustainable applications, enabling worldwide access to the ecosystem's user-friendly convenience.

Innovating with AI for Global Community Benefit
Tuya helps industries transform intelligently, enabling intelligent systems to substitute for human operations across thousands of sectors. This makes environmental, social and governance (ESG) practices more efficient and accessible.

Tuya plans to further iterate generative AI and other cutting-edge technologies and apply them to more ESG practice areas. For example, Tuya will soon release its own first AI large model - the Space Large Model, a model that will be applied in zero-carbon scenarios. By analyzing customer IoT data and scenario requirements, it will generate optimal energy-saving and emission reduction strategies in real-time, providing leading AI products to help people easily meet energy goals.

The UNGC will attend the 2024 TUYA Global Developer Summit in Shenzhen on May 29th to observe Tuya's collaboration with experts, enterprises, and other guests in launching a sustainable joint initiative aimed at actively implementing the global application of GenAI and other cutting-edge technologies. This partnership aims to enhance the practical application of these technologies, enabling more people worldwide to experience the convenience and friendliness of a smarter world.

Looking ahead, Tuya remains committed to driving technological progress as a leading science and technology enterprise. It will strive for advancements that create new societal productivity while collaborating with global developers to build a smarter, more beautiful and sustainable world.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a global IoT developer service provider, announced a partnership agreement with ZAIN KSA, Saudi Arabia's leading telecommunications mobile operator, at the Middle East Technology Summit LEAP 2024.

The partnership will extend across key domains such as energy management and smart commercial applications. By combining their strengths, Tuya Smart and ZAIN KSA aim to deliver innovative and competitive smart solutions, propelling the Middle East market further into the era of smart transformation.

ZAIN KSA's Ambitious Leap into Smart Transformation

In the vibrant landscape of the Middle East, ZAIN KSA takes a strategic step towards a transformative future, aligning with the rising tide of smart technologies.

Smart technology stands at the forefront of driving economic progress and sustainable development in the Middle East. Enterprises across the region are intensifying their commitment to integrating smart solutions, sparking a surge in smart transformation efforts. According to IBM's projections, the Middle East's GDP is poised to benefit significantly, with smart technology contributing over $300 billion by the year 2031.

ZAIN KSA, a distinguished telecommunications and mobile operator in the Middle East, holds a robust position in delivering connectivity solutions. Committed to providing cutting-edge services encompassing communication, 5G networks, digital payments, and innovative solutions, ZAIN KSA seeks to elevate the communication experience for consumers. Recognizing the immense market potential, ZAIN KSA is now delving deeper into the realm of smart technology. Bolstered by Tuya's profound technical expertise and extensive practical experience in the smart technology domain, offering tailored and comprehensive solutions, ZAIN KSA has strategically partnered with Tuya to collectively enhance operational efficiency and drive smart transformation for its customers.

Tuya and ZAIN KSA: Crafting the Future of Smart Environments

In a continued collaboration, Tuya and ZAIN KSA pave the way for an evolved landscape of smart scenarios.

The year 2023 marked the initiation of an alliance between ZAIN KSA and Tuya, initially focusing on the realm of smart business with an emphasis on driving SaaS solutions. Expanding on this synergy, both entities have opted to intensify their partnership in the smart commerce domain. Leveraging Tuya's Building Energy Management System and Cube Cloud Solution, the collaboration aims to infuse fresh vitality into ZAIN KSA's Cloud Solution department, facilitating the rapid penetration of the smart market in the Middle East.

Within the domain of smart commercial, Tuya extends its support to ZAIN KSA through four pivotal standard SaaS offerings: smart hospitality, smart residential, smart commercial lighting & office, and smart house & real estate. Complemented by a modular and integrated product application framework rooted in these SaaS standards, this collaborative effort is poised to meet the diverse demands of customers effectively. Furthermore, ZAIN KSA's extensive customer base and technical prowess in the Middle East uniquely position it to address the smart scene construction needs of vertical industries such as real estate, encompassing apartments, hotels, offices, and residential spaces. The result is an elevated smart living experience for customers and consumers across the Middle East.

In the dynamic realm of smart energy management, ZAIN KSA responds to the pressing demands for energy conservation and consumption reduction with the implementation of the Tuya Building Energy Management System. This innovative system enables ZAIN KSA to swiftly attain smart management of critical resources, including water, electricity, and gas, leading to a substantial reduction in energy consumption across diverse environments such as office buildings, shopping malls, and warehousing facilities. Notably, the system further enables ZAIN KSA to facilitate the creation of smart devices and systems, such as photovoltaics and energy storage, seamlessly integrating with Tuya's extensive smart hardware ecosystem. This collaborative effort expedites the development of smart scenarios, fostering a more scientific and efficient approach to energy conservation and emission reduction.

Moreover, Tuya extends its support to ZAIN KSA in the comprehensive privatization deployment of the IoT platform. Leveraging the Tuya Cube Cloud Solution, ZAIN KSA can swiftly establish a proprietary IoT platform distinguished by differentiated functions, robust system stability, and complete data independence. This proprietary platform equips ZAIN KSA with the capability to realize value-added functionalities, including seamless device connectivity, user-friendly operations, insightful information analysis, and expeditious application development. The result is a tailored and differentiated support system catering to diverse industries and scenarios, thereby unlocking substantial commercial value for ZAIN KSA.

The partnership not only propels local customers into a new era of smart transformation but also catalyzes green and low-carbon development in the Middle East, hastening the march towards sustainable progress.

Smart Technology Illuminates the Future, Elevating Customer Experience

Embarking on a fresh journey, ZAIN KSA unveils comprehensive plans for the future. The telecom giant is poised to bolster its collaboration with Tuya, delivering high-quality, integrated products, and services to the Middle East market and global clientele. Centered around smart technology innovation, this collaboration aims to provide customers with enhanced and convenient solutions, navigating the ever-evolving landscape of market trends.

Sultan AlHadlag, Vice President of Marketing & Business Development at ZAIN KSA, affirms, "ZAIN KSA prioritizes customer needs, particularly in the realm of smart transformation. Our commitment is to delve deeper into exploration, bringing more efficient and convenient transformation solutions to our valued customers. Tuya's leading technological prowess, as a smart technology leader, will undoubtedly elevate our technology, products, and services. We envision a future of strengthened collaboration, creating an enhanced service experience for our customers."

Alex Yang, Co-Founder and COO of Tuya Smart, expresses confidence in the partnership, stating, "As one of the most influential telecom and mobile operators in the Middle East, ZAIN KSA's extensive customer resources and practical experience make it a crucial partner for our Middle East expansion. Following our successful collaboration in smart commercial last year, we're expanding into new territories such as smart energy management. Our partnership with ZAIN KSA is poised to provide us with a strong advantage in the Middle East market."

This successful collaboration not only paving the way for smart transformation in the Middle East, but also setting a global standard for innovation in smart technology. Moving forward, Tuya remains committed to exploring the realms of smart technology, unveiling continuous waves of innovative solutions and products. Together with global developers, Tuya aspires to co-create a smarter and brighter future.