Key Industry Players to Discuss IoT, Automotive, Wireless, and Supply Chain Trends and Opportunities at EAC 2022

indie 17 10 月

3 minutes

TAIPEI, TAIWAN, Oct 17, 2022 - (ACN Newswire via SEAPRWire.com) - Recent economic and geopolitical developments, on top of the supply chain shortages and tight inventories in some markets, have driven market watchers to reduce their forecast growth for the semiconductor industry this year. Gartner Inc., for one, reduced its earlier forecast of 13.6% global semiconductor revenue growth this year to just 7.4%.The market research firm, however, noted that this down cycle is not new and has happened many times before. Despite the softness in the consumer market, demand remains resilient in the data center sector due to the continued investment in cloud infrastructure, while the automotive electronics sector is expected to see double-digit growth amid the increasing IC content per vehicle due to the transition to electric and autonomous cars.Overall, the outlook remains bright for the semiconductor industry. According to industry association SEMI, global semiconductor equipment billings rose by 7% quarter-on-quarter in the second quarter this year, and by 6% year-over-year to $26.43 billion. Taiwan, China, and South Korea led the rest of the world in terms of quarterly billings.Semicond...

ACN Newswire

Moonstake Joins StakingRewards VPP as A Top 10 Provider Globally

indie 12 10 月

4 minutes

SINGAPORE, Oct 12, 2022 - (ACN Newswire via SEAPRWire.com) - Today, Moonstake is proud to announce that we are now officially a Verified Provider as part of StakingRewards' Verified Provider Program! We join the VPP family as a top 10 staking provider worldwide trusted by users and leading PoS blockchain projects across the globe.The Verified Provider Program (VPP) is an initiative by StakingRewards to increase trust, transparency, and reliability in the staking industry by verifying that Providers meet a set of criteria relating to risk management, longevity, and security measures. The program aims to help investors make confident decisions about Staking Providers by conducting rigorous due diligence on the provider's operations and security setup to determine if their service truly provides users with Reliability, Security, Accountability, Liability. Additionally, they also calculate a "Value-Added Score" that considers things like customer service, value-added services offered, decentralization ethos, and governance participation. As a Verified Provider, Moonstake is proven to provide an outstanding staking platform with exceptional user experience, be it in asset management and...

ACN Newswire

Indonesia Market Poised for Big Growth in Streaming

indie 11 10 月

4 minutes

JAKARTA, Oct 11, 2022 - (ACN Newswire via SEAPRWire.com) - For the first time in three years the Asia Video Industry Association (AVIA) returned to Jakarta to host Indonesia in View 2022, an event that welcomed some of the industry's biggest players for a day of discussions dissecting the opportunities for growth in this expansive market.Opening comments were made by Yuliandre Darwis, Commissioner with the Indonesian Broadcasting Commission (KPI) who talked about the development of the KPI over the last twenty years, and the hope for revisions to the broadcasting law which could see greater responsibilities given to them.Highlights of the Indonesia in View Report, to be published by AVIA, were given by Bettina Cavenagh, President Director, Clarity Research Indonesia, outlining the state of Indonesia's video markets in the post-pandemic economy. Pay television had plateaued and while DTH services were the biggest victims of increased broadband penetration, cable numbers were increasing meaning the overall pay TV market remained significant, even if ARPU's were under pressure. But all eyes were now on the premium OTT market. Subscription Video on Demand (SVOD) has grown by more than ...

SeaPRwire

Audiolox Announces Early-Stage Fundraising Pledge by Investors Surpassed Its Seed Round Target by 20%

pandora 6 10 月

4 minutes

NEW YORK, NY,October 06, 2022- (SEAPRWire) – Audiolox, a blockchain-powered and secure music platform, announced that the early-stage pledges from investors were 20% higher than its seed round target. The Dubai-based company was launched on October 5, 2022, and is already attracting investors’ confidence. The event, held at the Dubai SLS hotel’s convention hall, was anchored by CLS. The idea for the creation of Audiolox was first conceptuliazed in 2019, as a blockchain streaming application. However, after seeing the challenges artists face with contracts from record labales and notable streaming giants, incesant breach of users’ data, etc. the team decided to combine blockchain technology and artificial intelligence. This innovative approach gave birth to the Audiolox Secure Music Platform. According to the founding team, the mission of the project is to be the first platform that allows writers, singers, producers, etc to share music with a large audience in a fast, secure, and environmentally safe manner. One of the major highlights of the project launch was the presentation of the Audiolox technology to the guests by Dr. Mark Lane, the brain behind the creation of Audiolox musi...

ACN Newswire

CALB’s listing on the Hong Kong Stock Exchange makes it a premium target with outstanding high growth certainty on the gold track

indie 6 10 月

4 minutes

HONG KONG, Oct 6, 2022 - (ACN Newswire via SEAPRWire.com) - On October 6, CALB Co., Ltd. (3931.HK), a giant in the EV battery industry, was officially listed on the Hong Kong Stock Exchange and became the first new energy EV battery enterprise in Hong Kong. During the offering period, the first day of the international placement of CALB has realised oversubscription. In addition, the IPO of CALB also attracted 15 cornerstone companies, including Tianqi Lithium (002466.SZ), Han's Laser Technology (002008.SZ), XPeng-W (09868.HK) and vivo, to subscribe for more than 40% of the global offering shares, almost covering the entire new energy vehicle industry chain, which fully proves that the industrial capital is optimistic about the development prospects of CALB.The high level of prosperity of the industry will continue, and the short-term adjustment will not change the long-term trendFrom the industry level, with the establishment of the dominant position of new energy development in several major global economies, the global new energy vehicle market has grown at a high speed and the penetration rate has continued to increase. According to Frost & Sullivan, the global sales volume...

ACN Newswire

SCIB Unveils Sample IBS House Built with 3D Technology

indie 4 10 月

3 minutes

KUCHING, MALAYSIA, Oct 4, 2022 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad's (SCIB), wholly-owned subsidiary, SCIB Industrialised Building System Sdn Bhd (SIBS), today unveiled a sample house built using a 3D printing system from COBOD International A/S, a Copenhagen, Denmark-based 3D construction specialist.Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin OthmanThe sample house, located on the premises of the Construction Industry Development Board's (CIDB) Kuching campus, was built in collaboration with Akademi Binaan Malaysia (Sarawak) Sdn Bhd (ABM), an assessment and training centre of the CIDB in Sarawak catering to the development and skills enhancement of the state's construction industry. SIBS is principally involved in the supply and installation of IBS components as well as owns the 3D-printing machinery that produces IBS components.On hand to witness the unveiling of the sample house was the State Assistant Minister of Urban Planning, Land Administration and Environment, YB Datu Len Talif Salleh, accompanied by Group Managing Director and Chief Executive Officer of SCIB, Rosland bi...

ACN Newswire

WFIS Paces to Unveil Indonesia’s Most Advanced FSI Show

indie 3 10 月

5 minutes

JAKARTA, INDONESIA, Oct 3, 2022 - (ACN Newswire via SEAPRWire.com) - With Indonesia darting to incorporate the latest technology innovations in FSI, the country's fintech is expected to generate $8.6 billion revenue by 2025. The move is further getting bolstered by Otoritas Jasa Keuangan (OJK) that is bringing favorable regulatory changes and has even launched "Master Plan for the Indonesian Financial Services Sector (MPSJKI) 2021-2025".To support Indonesia in powering an inclusive Financial Services & Insurance industry, Tradepass is hosting the 11th edition World Financial Innovation Series (WFIS) at Hotel Mulia Senayan in Jakarta, Indonesia on 4 - 5 October 2022. The event so far has drawn an array of the most spectacular technology providers to showcase their cutting-edge solutions from their exclusive exhibition booth on the event days. The list includes TigerGraph, Newgen, ExtraHop, Resulticks, SEON, Incode, Backbase, PT NEC Indonesia, Solace, Hazelcast, Perfios Software Solution, Freshworks, Weefer, Credgenics, PT CRIF Lembaga Informasi Keuangan, Provenir, 8x8, Feedzai, Teleperformance Indonesia, AI Rudder, M2P, Finastra, IT Group Indonesia, Outsystems, Perkasa and Mambu...

ACN Newswire

Philippine Industry Body Launched for Stronger Content Protection and Anti-Piracy Efforts

indie 29 9 月

5 minutes

MANILA, Sep 29, 2022 - (ACN Newswire via SEAPRWire.com) - Today, leading Philippine industry players including, Globe, GMA Network, Inc., Cignal TV, Inc, KROMA Entertainment and Smart Communications, Inc, joined hands with the Asia Video Industry Association's (AVIA) Coalition Against Piracy (CAP) to announce the formation of the Video Coalition of the Philippines (VCP). The VCP aims to push for stronger intellectual property protection in the Philippines that will protect both original content and users, as well as promote the Philippines creative and media industries, not only in the Philippines but around the world. VCP convenors will build on the momentum of the presentation of the proposed Revised Intellectual Property Code in the Philippines' 19th Congress in July and the recent Protection of Online Content Summit held on September 2 in Manila. House Bill No. 0799, filed by Albay 2nd District Rep. Joey Salceda, aims to update the Philippines' patent application system and make it "more attuned to the digital age." It also "provides for technologies and media that were not anticipated" at the time the intellectual property code was enacted. Proposed revisions also give regulat...

ACN Newswire

AVIA Releases OTT Study in Singapore at its First OTT Upfront Showcase Presenting Premium Content at its Best

indie 12 9 月

4 minutes

Singapore, Sep 12, 2022 - (ACN Newswire via SEAPRWire.com) - The Asia Video Industry Association (AVIA) has released a new research study entitled Premium OTT - Building its Rightful Place in the Digital Market, to understand the usage of different video services in Singapore and attitudes towards them. The independent research study conducted by Milieu Insight was unveiled to agencies, advertisers and brands at AVIA's first OTT Upfront Showcase where two of the region's top premium video services, iQIYI and Viu, presented previews and highlights of their upcoming slate of content to the audience at a closed-door event. The research shows that Premium OTT streaming services (OTT) are clearly differentiated from videos viewed on social media or video sharing sites. OTT was highly valued by consumers in Singapore for having the highest quality content. 58% of respondents indicated that they felt premium OTT services had high quality content, compared to only 36% for social media and video sharing services. Similarly, when asked which video services they generally felt captured the highest levels of attention while watching, 49% of respondents selected OTT streaming services, compared...

ACN Newswire

WIKA Books Sales of Rp7.18 Trillion in Q2-2022

indie 2 9 月

2 minutes

JAKARTA, Sep 2, 2022 - (ACN Newswire via SEAPRWire.com) - PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] successfully booked a gross profit of Rp627.24 billion in Q2-2022 or 14.8% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 June 2022. This figure was supported by the Company's sales of Rp7.18 trillion or 6.2% higher YoY.WIKA's President Director, Agung Budi Waskito (Agung BW) said the improvement in sales performance was enabled by a 2% increase in infrastructure and building sector, 9.8% increase in industry sector, and 167.6% increase in realty & property sector YoY. Most of the revenue in realty & property sector was contributed by the hotel business as a result of the State-owned Enterprises or BUMN hotel holding process by WIKA's subsidiary, WIKA Realty.As at July, WIKA has secured new contracts worth Rp14.67 trillion. The largest contributors were the infrastructure and building sector of 58.4% and the industry sector of 22.7%. The high number of new contracts in these sectors is also due to the strategic infrastructure development program that is being promoted by the Indonesian Government to face the G20.PT WIJA...

ACN Newswire

Korean Content Powerhouse Shaping the Entire Asian Video Landscape

indie 1 9 月

4 minutes

Singapore, Sep 1, 2022 - (ACN Newswire via SEAPRWire.com) - The Asia Video Industry Association (AVIA) welcomed over 200 delegates from across the region for its first ever Korean focused conference and its first in market event since 2019, with Korea in View, which took place on 30 August at the Westin Josun, Seoul. To set the scene, AVIA CEO Louis Boswell presented key highlights from AVIA's Korea in View 2022 Report. Ranking 10th among the world's largest economies and 4th in Asia, South Korea had risen from one of the poorest countries in the world to a developed, high-income country in just one generation. The pay TV market continued to show growth of 2.7% per year, now dominated by IPTV, while streaming services were accelerating at breakneck speed, seeing paid subscribers increasing from 20.4% of the population in 2020 to 34.8% in 2021. In his opening speech, keynote speaker, Vice Chairman Ahn Hyoung-hwan of the Korea Communications Commission (KCC) shared that while OTT growth was an opportunity for the content industry to grow, it was also resulting in a sense of crisis for existing legacy media. Hence the KCC was preparing the Audio-Visual Media Service Act and was pushin...

ACN Newswire

HG Semiconductor Announces 2022 Interim Results

indie 31 8 月

9 minutes

HONG KONG, Aug 30, 2022 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group"; stock code: 6908.HK) is pleased to announce its unaudited consolidated results for the six months ended 30 June 2022 (the "first half of 2022" or the "Period"). Business ReviewDuring the Period, while developing its existing LED beads, the Group continued to expand its business presence in the third-generation semiconductor industry chain. In the first half of 2022, the economic situation in China was challenging due to the pandemic. Supply chains and manufacturing industry were hard hit by various pandemic precautions and control measures, including mandatory lockdowns. The Group's business was inevitably affected. Revenue decreased by approximately 42.4% to approximately RMB43.4 million during the Period (first half of 2021: approximately RMB75.3 million). The Group recorded a loss of approximately RMB51.5 million for the Period (first half of 2021: loss of approximately RMB41.2 million), mainly attributable to the decrease in revenue under the poor market environment with suppressed demand and delayed procurement plans from the G...

SeaPRwire

Busan IT Industry Promotion Agency Hosts 2022 Global Metaverse Conference & ASEAN-ROK Forum

pandora 8 8 月

3 minutes

On August 18 to 19 2022, a Global Metaverse Conference & ASEAN–ROK Forum will be held at BEXCO in Busan Opportunities to stimulate Metaverse industry cooperation and exchange between ASEAN–ROK countries Busan, Korea, August 08, 2022 – (SEAPRWire) – Busan Metropolitan City (Mayor Park Heong-Joon) and Busan IT Industry Promotion Agency (President & CEO Jeong Mun-Seob) announced that the 2022 Global Metaverse Conference & ASEAN-ROK Forum will be held for Korean and international Metaverse businesses and Busan citizens at BEXCO on August 18 (Thu) to 19 (Fri). This event will be hosted by the Korean Ministry of Science and ICT and Busan Metropolitan City. It is organized by the National IT Industry Promotion Agency (NIPA) and Busan IT Industry Promotion Agency (BIPA) in order to stimulate Metaverse business collaborations and exchange in the ASEAN-ROK regions. The Global Metaverse Conference will include lectures and discussions on Metaverse, NFT, and key industry trends as well as ways to collaborate with ASEAN under the theme of ‘Metaverse, the beginning of a New World’. Moreover, this conference will provide lectures with different perspectives of experts covering state-o...

ACN Newswire

A & S (HK) Logistics Limited collaborates with VTC to launch “Vocational Logistics Education Program”

indie 26 7 月

4 minutes

HONG KONG, Jul 26, 2022 - (ACN Newswire via SEAPRWire.com) - A&S (HK) Logistics Limited, the wholly-owned subsidiary of A & S Group (Holdings) Limited ("A & S Group" or the "Group", Stock Code: 1737.HK) formally signed the memorandum of cooperation with Vocational Training Council ("VTC") on July 15 to launch the "Vocational Logistics Education Program." The purpose of this program is to attract more younger people to join the logistics industry, building a cohort of talented individuals to grasp the business opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area. A & S Group's Executive Director Mr Chiu Tat Ting Albert (3rd right), along with Vocational Training Council representative formally sign the memorandum of collaboration, launching the "Vocational Logistics Education Program".Under the support from the government and the industry, VTC will add its "Earn & Learn Scheme" into its Aviation and e-Logistics Higher Diploma Programme in the 2022-23 academic year. The Curriculum covers areas such as the basics of air cargo operations, special cargo handling, aviation safety and security, and e-commerce and logistics management. Scholars will receive o...

ACN Newswire

Tianyun International Awarded “Social Responsibility Model”, “Advanced Enterprise of Outstanding Contribution” and “Top 10 Enterprises (Export)” by CCFIA

indie 5 7 月

4 minutes

HONG KONG, Jul 5, 2022 - (ACN Newswire via SEAPRWire.com) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that Shandong Tiantong Food Co., Ltd. ("Shandong Tiantong Food"), a wholly-owned subsidiary of the Group, was awarded the honorary titles of Thirteenth Five-year Plan "Social Responsibility Model ", "Advanced Enterprise of Outstanding Contribution " and "Top 10 Enterprises (Export)" in China's canned food industry in 2020 by the China Canned Food Industry Association ("CCFIA"). These awards confirmed the outstanding contribution made by Shandong Tiantong Food in China's canned food industry's three-year special action plan for brand building.Shandong Tiantong Food Co., Ltd. ("Shandong Tiantong Food"), a wholly-owned subsidiary of the Group, was awarded the title of " Social Responsibility Model ".Shandong Tiantong Food Co., Ltd. ("Shandong Tiantong Food"), a wholly-owned subsidiary of the Group, was awarded the title of "Advanced Enterprise of Outstanding Contributi...

ACN Newswire

IBO Technology Achieves Turnaround in FY2021/22 Annual Results

indie 3 7 月

8 minutes

HONG KONG, Jul 3, 2022 - (ACN Newswire via SEAPRWire.com) - IBO Technology Company Limited ("IBO Technology" or the "Company", together with its subsidiaries, the "Group"; Stock Code: 2708.HK) is pleased to announce its consolidated annual results for the year ended 31 March 2022 (the "financial year" or the "Year"). During the Year, thanks to the rapid development of its principal businesses, the Group was able to achieve a business turnaround. IBO Technology's three main businesses are 5G (communication equipment and private network solutions), Information Technology Application Innovation ("ITAI") IT (terminal products and industry solutions) and Internet of Things ("IoT") (products and solutions), and is committed to providing quality one-stop 5G, ITAI and IoT products and solutions. During the Year, thanks to the recovery in economic activities and the expansion of customer base, the Group delivered accelerated growth and achieved business turnaround. Its revenue amounted to approximately RMB1,046.30 million, representing a year-on-year surge of 86.7% from approximately RMB560.33 million in the previous year. The gross profit of the Group increased by 53.9% to approximately RM...

ACN Newswire

ESI Singapore agenda and speakers revealed including PSG, Crypto.com Capital, ONE Esports and Mineski Global

indie 21 6 月

5 minutes

Singapore, June 21, 2022 - (ACN Newswire via SEAPRWire.com) - B2B esports events and media company Esports Insider is excited to reveal the agenda and full lineup of speakers for our international two-day esports business conference - ESI Singapore.The event, which is co-hosted with Singapore-based Esports marketing agency, REDD+E, takes place on 6-7th July. As ESI’S first in-person event in the APAC region, the conference will provide delegates with two days of world leading sessions from industry leaders both within the region and from around the world, and valuable face to face networking opportunities.Speakers from the likes of AFC Ajax, MOONTON, PSG, Crypto.com Capital, Mineski, GRID, Galaxy Racer, EVOS, Bayes, Ampverse and more will grace #ESISG with their presence and ensure the stage is chokablok with knowledge and insight across the two days. “With more and more activities ramping up and more professional esports events taking place, the industry sentiment is certainly looking positive for Asia’s esport”, said Yip Ren Kai, Managing Director & Co-founder of Redd+E . “As the co-host of this industry showcase, we’re really excited to be able to see top industry leaders co...

ACN Newswire

First In-Person Satellite Industry Forum After COVID Sees the Industry in Strong Shape and Geared for Growth

indie 3 6 月

5 minutes

Singapore, Jun 3, 2022 - (ACN Newswire via SEAPRWire.com) - The Asia Video Industry Association was finally able to host its annual Satellite Industry Forum in-person in Singapore on 31st May 2022 after a two-year hiatus, bringing together over 120 delegates from around the world and some of the satellite industry's most foremost leaders. Opening the Forum this year was keynote speaker, Steve Collar, Chief Executive Officer, SES, to address the issue of where future growth was coming from and kicked off the session with his views on demand and supply in the market. As platforms were getting longer to get built and become operational, it showed how difficult it was to get launches done, and how much the industry overestimated supply. Collar added that SES had always been a champion of multi-orbit, and not just having both MEO and GEO satellites, but also constructing a global network for customers to move seamlessly from one to the other to maximize the benefits of both. Collar also shared his excitement on demand, and the new applications and new services that could be run, with a sweet spot being the high throughput and high connectivity services which represented a significant ma...

ACN Newswire

ESI and Redd+E Announce Partnership; Schedule ESI Singapore in July

indie 30 5 月

4 minutes

Singapore, May 30, 2022 - (ACN Newswire via SEAPRWire.com) - Leading global B2B esports and media company, Esports Insider (ESI), is excited to announce its second Major flagship event of the year, ESI Singapore taking place on 5-7th July.Alongside the announcement ESI is delighted to unveil a long term commitment with Redd+E, resulting in the event becoming an exciting joint venture. ESI Singapore will connect some of the largest global brands with decision makers and industry leaders in and around the esports industry. Taking place at Chijmes, a historic 160-year-old convent in the heart of Singapore's Civic & Cultural District, the event is set to showcase ESI's established blend of top notch networking, education and content to the Lion City for the very first time. Confirmed speakers include individuals from the likes of MOONTON, AFC Ajax, ESL Gaming and more. The in-person event promises to combine the best of traditional esports conferences with exciting new ways to network and entertain. There'll also be the chance to connect with well-known global brands and esports stakeholders, ranging from teams and tournament operators to game developers, publishers and everyone in...

SeaPRwire

NovationWire Press Release: Tailor Insight Reports on ‘Main Trends on Metaverse and Digital Entertainment Field 2022’

pandora 25 5 月

4 minutes

Hong Kong, May 25, 2022 – (NovationWire) – Tailor Insight, the Asia based market research institute, has released a report on ‘MainTrends on Metaverse and Digital Entertainment Field 2022’. The metaverse buzz is everywhere, even though they have not fully taken off. When metaverses do finally gather some more steam, though, NFTs will be at the heart of their immersive technology. And the exceeding potential and utility of NFTs, along with blockchain technology and cryptos, will be realized within them. Audible Digital Ownership: Music NFTs Musicians, who frequently experience the same problems with third parties such as music broadcasting platforms and concert organizers, have already started to run into the safe arms of digital ownership. This new creator economy gives the creators the power of owning their own content without needing intermediaries. With the decreasing demand towards CDs and the unfair commission rates of streaming platforms, musicians can benefit from music NFTs especially after taking a major hir during the Covid-19 pandemic. The music industry is another branch where we’re likely to see more and more applications of NFTs coming this year. Artists all over the ...

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