JCN Newswire
Read More

Reorganizing Hitachi High-Tech Solutions to Strengthen Capabilities for Solving Social Infrastructure Issues

ruth
4 minutes

TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation today announced the reorganization of Hitachi High-Tech Solutions Corporation on April 1, 2023, as part of the company's priority initiatives to realize 2024 Mid-Term Management Plan.Hitachi High-Tech Solutions aims to become a technology and solutions company that solves social infrastructure issues in broad sense including industrial sectors, with the power of sensing and control by focusing on the OT(1) business that provides solutions through measurement, control, and digital technologies, and the IS(2) business which focuses on railway inspection equipment.Through corporate divestiture(3), Hitachi High-Tech Solutions transfers its businesses that provide hard disk-/FPD(4)-related devices and laboratory solutions in the IS business unit, and the ICT(5) business that provide digital solutions using network/cloud services, ECM(6) and IoT(7), to Hitachi High-Tech, and the Hitachi High-Tech Group will continue to strengthen businesses aimed at solving social issues with our core Observation, Measurement, and Analysis.Creating Value in Social Infrastructure FieldsThe Hitachi High-Tech Group declar...

SeaPRwire
Read More

HS88 Announces They Are Expanding Web3 Business

pandora
2 minutes

Seoul, Korea, February 09, 2023 - (SEAPRWire) - HS88, led by Chairman Kim Ho Sung, is proud to announce that it will strive to build IPFS infrastructure and network to expand its Web3 business.Web3 is a next generation internet technology that can address the structural limitations of centralized data storage. The core of Web3 is building a storage network, and HS88 has already established a distributed storage network through business agreements with KT and ChainUP last year. Through this MOU, a large scale of IPFS infrastructure and distributed storage were established at KT IDC center, and based on this, optimized mining server and equipment are secured to carry out FIL and Aleo mining projects.Currently, HS88 has invested 10 billion won in two months to mine Filecoin and further expand its investment to increase scalability. For higher transparency, it is clearly disclosing the process of the FIL mining node. In addition, HS88 is also participating in Aleo testnet 3. In order to preempt 25 million Aleo, which will be paid as an incentive to mining companies participating in testnet 3, additional 20 billion won worth of mining equipment was put in and also finished investment fo...

JCN Newswire
Read More

Toyota Tsusho, IIJ, NEC, and NTT Com Sign Contract with Uzbektelecom for Telecommunications Infrastructure Development Project

ruth
3 minutes

TOKYO, Jan 27, 2023 - (JCN Newswire via SEAPRWire.com) - Toyota Tsusho Corporation ("Toyota Tsusho"), Internet Initiative Japan Inc. ("IIJ"), NEC Corporation ("NEC"), and NTT Communications Corporation ("NTT Com") announced today the conclusion of a contract with JSC Uzbektelecom ("Uzbektelecom"), a state-owned telecommunications operator in Uzbekistan, for a telecommunications infrastructure development project ("the Project") to provide data center and telecommunications infrastructure for an advanced data communication system ("the System").Installation of the System is scheduled to begin in 2023 and the sequential launch of operations is expected to significantly improve the communications environment of Uzbekistan.1. BackgroundIn response to the rapidly growing data communication demand driven by the digitalization of various industries, Uzbekistan is expanding its telecommunications infrastructure aimed at issues such as improving communications quality and closing the digital divide between urban and rural areas. In accordance with this background, the government of Uzbekistan has made the decision to accelerate digital transformation (DX) and introduce the latest informatio...

JCN Newswire
Read More

Shonan iPark Outlines New Operational Structure to Provide Scale and Sustainable Long-Term Growth for the Ecosystem

ruth
5 minutes

TOKYO, Dec 21, 2022 - (JCN Newswire via SEAPRWire.com) - Renewing its commitment to innovation in Japan and to Shonan Health Innovation Park ("Shonan iPark"), Takeda Pharmaceutical Company Limited ("Takeda") today announced the creation of a new company, effective April 1, 2023, together with Industrial & Infrastructure Fund Investment ("IIF") and Mitsubishi Corporation ("Mitsubishi Corp."), to manage Shonan iPark. In addition, IIF and Mitsubishi Corp. have agreed to acquire a portion of the shares of the new company and together with Takeda, will oversee operations for Shonan iPark. The companies will collaborate to execute on a shared vision to further develop Shonan iPark and the surrounding area's ecosystem in a multifaceted manner. Shonan iPark opened in April 2018 when Takeda transformed its research site into Japan's first pharma-led science park opening its doors to the world. In 2020, the assets (land and facilities) of Shonan iPark were placed in trust and the trust beneficiary rights were acquired by IIF in 2020 and 2021, but Takeda has continued to operate Shonan iPark on an outsourced basis. Since its opening, Shonan iPark has been operating its facilities and cond...

ACN Newswire
Read More

Moonstake Receives ssv.network Grant to Integrate Decentralized ETH Staking

indie
5 minutes

SINGAPORE, Nov 16, 2022 - (ACN Newswire via SEAPRWire.com) - Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet. Moonstake will be integrating SSV's unique architecture to bolster Ethereum decentralization and ensure Moonstake's validator infrastructure is as robust as possible. This will enable a seamless decentralized ETH staking experience for global users, and Moonstake and SSV will also work together to promote our ecosystems through this collaboration.The ssv.network Grants Program is a community-led initiative to fund development teams building decentralized staking applications and services with the intent of promoting and accelerating development and innovation by developers building on top of the network. Proposals to the grant are evaluated on the technical design of the project, the overall quality of the team and its community, and more. Moonstake is thrilled to join the SSV Network Grants Program as a verified top 10 staking provider worldwide and soon support ETH staking.As of 15 September 2022, Ethereum has officially become a Proof of Stake block...

ACN Newswire
Read More

AIIB Commits US$100 million in CEL Infrastructure Investment Fund II

indie
2 minutes

HONG KONG, Jul 5, 2022 - (ACN Newswire via SEAPRWire.com) - CEL Infrastructure Investment Fund II ("Fund II"), a private equity fund sponsored and managed by China Everbright Limited ("CEL", stock code: 165.HK) has made significant progress in fundraising. On June 29, 2022, Asian Infrastructure Investment Bank ("AIIB") approved to commit of US$100 million including up to US$25 million co-investment sleeve in Fund II. AIIB is a multilateral development bank with 105 members from all over the world. Its vision is to finance "Infrastructure for Tomorrow" with sustainability at its core. AIIB is committed to unlocking new capital and investing in green, technology-enabled and cross-border connectivity infrastructure to promote sustainable economic development and regional connectivity in Asia and around the world. This will be the first time funds managed by CEL have raised capital from a multilateral development bank, marking a new stage of internationalization, professionalization and marketization for CEL. Fund II will focus on climate finance and ESG investing, and will introduce ESG investment, management, assessment and evaluation policy with international standards in order to e...

JCN Newswire
Read More

Hexagon and Fujitsu Announce Strategic Partnership to Solve Societal Challenges for ‘Trusted Society’

ruth
3 minutes

HUNTSVILLE, Ala. and Tokyo, Jun 22, 2022 - (JCN Newswire via SEAPRWire.com) - Hexagon's Safety, Infrastructure & Geospatial division and Fujitsu Limited will partner to accelerate the development and promotion of use cases to solve societal challenges and contribute to the realization of the 'Trusted Society' -- a sustainable, resilient place where people can live together in peace and prosperity. The partnership was announced today at HxGN LIVE Global 2022, Hexagon's digital technology conference.Hexagon and Fujitsu will work together to provide joint use cases leveraging digital twin technologies and solutions from both companies, including IoT sensors, data processing, AI analysis and advanced data visualization in the cloud and high-performance computing infrastructure. The partners will deploy these technologies to develop joint solutions that deliver richer information and deeper insights to customers in government, the public sector, transportation and utilities to help reduce emissions, increase safety, optimize operations and more."Our goal at Fujitsu is to realize our vision for a 'Trusted Society'," comments Yoshinami Takahashi, EVP and vice head of Global Solution B...

JCN Newswire
Read More

Mitsubishi Corporation signs Participation Agreement with Sempra Infrastructure, TotalEnergies, Mitsui for Carbon Sequestration Project in Louisiana

ruth
2 minutes

TOKYO, May 24, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation is pleased to announce that it has signed a participation agreement with Sempra Infrastructure, TotalEnergies and Mitsui & Co., Ltd. for the development of the proposed Hackberry Carbon Sequestration (HCS) project at the site in Southwest Louisiana. The project aims to capture, transport and sequestrate carbon dioxide (CO2), primary sourced from Cameron LNG, and the participation agreement provides the basis for the parties to potentially enter into a joint venture with Sempra Infrastructure for the HCS project. Last summer, the Hackberry Carbon Sequestration, LLC, which is owned by Sempra Infrastructure, filed an application for a Class VI injection well permit from the U.S. Environmental Protection Agency for permanent storage of up to 2 million tonnes per annum of CO2. As underpinned in both Roadmap to a Carbon Neutral Society and Midterm Corporate Strategy 2024, announced in October 2021 and May 2022 respectively, MC is placing greater emphasis on energy transformations (EX). By lowering the carbon footprint throughout the LNG value chain through CCS and other EX initiatives, MC hopes to spearhe...

ACN Newswire
Read More

Princeton Digital Group and The Indonesian Internet Service Provider Association announce a strategic partnership to boost Internet connectivity in Indonesia

indie
4 minutes

JAKARTA, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - Princeton Digital Group, Asia's leading data center provider, and The Indonesian Internet Service Provider Association (APJII) announced a collaboration to further elevate Indonesia's internet infrastructure.This strategic partnership will help APJII members in Jakarta, Bandung, Surabaya, and Pekanbaru to have easy access to the Indonesia Internet Exchange (IIX) and strengthen the internet connectivity infrastructure in Indonesia. This collaboration will also include PDG's 22MW Jakarta Cibitung 2 (JC2), a new greenfield development that PDG launched recently.APJII is a long-established association with over 700 internet providers and over 3,000 corporate members. The association provides members with several strategic services, including access to IIX, assistance, seminars and training, and industry-related insights. These services are provided to support its members in providing quality Internet services for Indonesians, in line with the Indonesian government's program to strive towards digital transformation through building the country's digital and internet infrastructure inclusion to expand connectivity across the arch...

ACN Newswire
Read More

InvesTech Holdings Announces 2021 Annual Results

indie
6 minutes

HONG KONG, Apr 1, 2022 - (ACN Newswire via SEAPRWire.com) - InvesTech Holdings Limited ("InvesTech Holdings", together with its subsidiaries, the "Group"; stock code: 1087.HK), a leading integrated smart IT solutions provider in China, announces its audited consolidated results for the year ended 31 December 2021 (the "Year"). During the Year, the Group continued to focus on its core business of the IT infrastructure system integration and the sales of smart office software solutions, with the majority of its revenue generating from the market in the People's Republic of China (the "PRC" or "China"). With operations gradually resuming normal in particular in the first half of the Year while capturing the surging demand in the market, the Group grew its sales considerably. During the Year, the Group's total revenue remained steady with a slight increase of approximately 3.3% to approximately RMB484.6 million (2020: approximately RMB469.1 million). Yet, certain deliveries were deferred due to late deliveries of goods by suppliers and urban lockdowns, which in turn led to a delay in the recognition of revenue, in addition, a sizable government contract was concluded during the Year, r...

JCN Newswire
Read More

Hitachi Energy to Accelerate Sustainable Mobility in Germany’s Biggest City

ruth
4 minutes

ZURICH, SWITZERLAND, Mar 16, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy has won an order from Berliner Verkehrsbetriebe (BVG), Germany's biggest municipal public transportation company, to supply its Grid-eMotion Fleet smart charging infrastructure to help BVG transition to sustainable mobility in Berlin, the country's capital.Hitachi Energy will provide a complete Grid-eMotion Fleet grid-to-plug charging infrastructure solution for the next two bus depots to be converted in the bus electrification program. Hitachi Energy's solution offers the smallest footprint for both the connection, as well as low noise emissions and high reliability - three key requirements for bus depots in a densely populated urban environment, where space is limited and flawless charging is vital to ensure buses run on time.The solution comprises a connection to the distribution grid, power distribution and DC charging infrastructure with charging points and smart charging systems. Hitachi Energy will perform the engineering and integrate, install and service the entire solution. The solution has a compact and robust design that requires less equipment than competing infrastructure, which resu...

SeaPRwire

Pixis (Formerly Pyxis One) Raises $100M in SoftBank Vision Fund 2-led Series C to Grow Its Codeless AI Infrastructure

aseanpr
5 minutes

Bengaluru, India, January 21, 2022 - (SEAPRWire) - Pixis (formerly known as Pyxis One), a leading provider of contextual codeless AI infrastructure for complete marketing optimization, today announced it has secured US $100M in Series C funding. Pixis will leverage the fresh funds to help the company rapidly scale its AI platforms and plugins, as well as accelerate expansions across North America, Europe, and APAC. The Series C round was led by SoftBank Vision Fund 2, with participation from new investor General Atlantic, a leading global growth equity firm. Existing investors Celesta, Premji Invest, and Chiratae Ventures also participated in the round. With the close of its US $17M Series B round just four months prior, Pixis has raised a total of US $124M to date since its inception in 2018. Founded by Shubham A. Mishra (Global CEO), Vrushali Prasade (CTO), and Harikrishna Valiyath (CBO), the Pixis AI infrastructure leverages self-evolving neural networks to empower over 100 customers worldwide with AI-powered decision-making. Having witnessed a 600% growth since its inception, today, Pixis is uniquely poised to disrupt marketing to make it more agile and data-backed, especially ...

ACN Newswire
Read More

Element.Black and Shout Gallery feature artworks of the famous Hollywood movie “E.T. The Extra Terrestrial” poster artist John Alvin, animation artist Andrea Alvin, and German artist Mikail Akar at the ELT NFT Art Exhibition

indie
3 minutes

HONG KONG, Dec 6, 2021 - (ACN Newswire via SEAPRWire.com) - This year, the non-fungible token (NFT) hype centered around the Metaverse has swept the globe and has become the focus of the digital art, financial and technological industries.With an aim to promote arts and culture, the sustainable development of art industry, and the inclusive development of the digital art, the financial and the technological industries, the metaverse infrastructure development company Element.Black (ELT) and SHOUT Art Hub (SHOUT) & Gallery held the ELT NFT art exhibition and launched the blockchain game Pixel Infinity on Saturday 4 December 2021 at Hysan Place in Causeway Bay.NFT is a virtual asset which encrypts specific messages into a blockchain to represent ownership of an item, and is traded through online platforms. Since each NFT is coded with an unique serial number, and data recorded in a blockchain ledger cannot be altered or deleted, all transaction records are made public, which effectively protects the ownership of the underlying artwork.SHOUT Art Hub & Gallery is the first gallery that uses blockchain and AR code technology to secure the authenticity of an art piece. The ELT NF...

SeaPRwire
Read More

Solidus Ai Tech Launches Eco-Friendly Cryptocurrency

pandora
4 minutes

London, UK / December 1, 2021 / SEAPRWire / – As part of Solidus’ permanent drive to improve efficiencies and minimise power consumption in its High Performance Computing (HPC) Data Centre operating under ISO 14001:2015, Solidus Ai Tech has recently launched its Artificial Intelligence utility token AITECH, an eco-friendly cryptocurrency. Solidus Ai Tech R&D specialists have achieved a ground-breaking 40% reduction in power consumption against industry average for their Ethereum mining hardware. The company will run its AI hardware on the same Intellectual Property (IP), which will make its new HPC Data Centre one of the most eco-friendly in the World. Founder and Head of UK Operations Paul Farhi said: “We are strong supporters of the Crypto Climate Accord, which is focused on decarbonising the cryptocurrency industry. We aim to become leaders in the ongoing campaign to make crypto green. Our token AITECH is non-mineable which is far more energy efficient than mined coins as they don’t require large amounts of power in order to secure the network. Mined coins (PoW) consume a lot of energy and also require specialised mining equipment. The cost of validating transactions on AITE...

SeaPRwire

Embrace technology to improve development of sustainable infrastructure: Indranee Rajah

aseanpr
4 minutes

SINGAPORE - With more data, financing sources and better use of the right technology, it is now possible to plan, design, construct, upgrade and maintain all types of infrastructure so that they are more sustainable, said Minister in the Prime Minister's Office Indranee Rajah. Ms Indranee, who is also Second Minister for National Development and Finance, said that despite significant efforts by governments around the world to catalyse sustainable financing and investing, Covid-19 has strained already limited financial resources. "To ensure that the development of sustainable infrastructure continues to advance in tandem with population and economic growth, we need to prioritise projects and embrace technology to support growth areas that align with the trinity of national interests, regional needs and global trends." She was speaking on Monday (Nov 8) at the inaugural meeting of the Asia Sustainable Infrastructure Advisory Panel, which she chairs. The meeting of the international panel of experts provides a platform for the public and private sectors to exchange views on global trends and best practices on sustainable infrastructure in Asia. The meeting is being held in Singapore o...

SeaPRwire

Passage of US infrastructure Bill a big plus for equity markets

elean
1 minute

SINGAPORE - The United States Congress' passing of the US$1 trillion (S$1.35 trillion) infrastructure Bill proposed by President Joe Biden is one of the biggest positive market news coming through the weekend. By most analysts' accounts, this should give a further fillip to the equity market, which has already climbed to record highs despite the US Federal Reserve's announcement that it would start slowing its US$120 billion of monthly asset purchases. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

ACN Newswire
Read More

India Gears Up for its Biggest Datacentre and Cloud Spectacle Ever

indie
4 minutes

BENGALURU, INDIA, Oct 25, 2021 - (ACN Newswire via SEAPRWire.com) - Amidst unprecedented internet penetration that accounts for over 600 million active users in the country, India is more poised than ever to skyrocket its growth in the Datacentre & Cloud market. It's already estimated that the Indian datacentre industry will cross $8 billion by 2026 (Arizton Advisory & Intelligence) along with its cloud computing market to reach a staggering $7.1 billion by 2022 (Nasscom).Taking heed from these massive paradigm shifts and post-receiving phenomenal success in ASEAN, Tradepass has announced its Indian edition of Datacentre & Cloud Conference i.e., Datacentre and Cloud Infrastructure Summit (DCCI) 2021: India (https://india.dccisummit.com), scheduled to take place virtually, on 23 - 24 November. The conference is aimed towards addressing every colossal development that has happened in the sector, where India has already surpassed the primary markets of Europe and the US in power consumption that accounts for 102 MW. Following his participation announcement, when asked about the growing impact of the datacentre & cloud industry, Golok Kumar Simli (Chief of Technology - ...

ACN Newswire
Read More

Blockchain & Infrastructure Post-Event Release

indie
2 minutes

Washington, D.C., Oct 25, 2021 - (ACN Newswire via SEAPRWire.com) - In August of 2021, the US Senate approved a $1 Trillion Infrastructure Bill, as part of the $3.5 Trillion Budget Bill. Language in this bill suggested that $28 Billion in funding would come from enforcing tax-reporting requirements on cryptocurrency brokers. In response, the Government Blockchain Association (GBA) (www.gbaglobal.org) partnered with a coalition of blockchain associations to present Blockchain & Infrastructure (https://bit.ly/3nsa1GP), a two-day hybrid event coupling an educational seminar with a networking reception. Aimed at educating government policymakers, Blockchain & Infrastructure addressed the impact of cryptocurrency adoption on government, along with other financial trends that are outpacing regulatory understanding. Renowned leaders in the blockchain and cryptocurrency space, such as Dr. Scott Stornetta, one of the founders of blockchain technology, and Charles Hoskinson, the Founder of Cardano and one of the original creators of Ethereum, brought their insights to the current landscape.Streamed to over 11,000 individual IP addresses, Blockchain & Infrastructure aimed at educa...

SeaPRwire

Temasek and HSBC to invest $150 million for debt financing platform to fund sustainable infrastructure projects

elean
3 minutes

SINGAPORE - State investor Temasek is setting up a debt financing platform with HSBC to help fund sustainable infrastructure projects with an initial focus on South-east Asia. They will invest up to a combined amount of US$150 million (S$203.5 million) in the initiative. Temasek and HSBC said in a joint statement on Thursday (Sept 30): "In Asia, there is a significant funding gap for sustainable infrastructure required to address challenges and opportunities presented by climate change. "Many infrastructure projects in the region face varying degrees of barriers to bankability. Private capital can play a unique role in bridging this gap." The longer-term goal is to build a pipeline of projects to scale, with the platform aiming to dispense over US$1 billion of loans within five years, they added. The funds will be directed at renewable energy and storage, water and waste treatment and sustainable transport, which will help meet carbon reduction targets and offset the impact of climate change. The two organisations noted that a meaningful portion of the loan portfolio will target marginally bankable, sustainable infrastructure projects by providing development expertise, technical a...

SeaPRwire
Read More

United States Infrastructure Bill Brings Cardano Billionaire to Washington

pandora
2 minutes

Charles Hoskinson, Founder of Cardano and Co-Founder of Ethereum, Educates Government Legislators, Regulators, & Administrators Washington, D.C., Sept 21, 2021 – (ACN Newswire) – The recent debate over the Infrastructure Bill has made two things clear: The government will be regulating blockchain activities, but they don’t understand it well enough to do an effective job. For that reason, the Government Blockchain Association (GBA) and our partners are organizing Blockchain & Infrastructure (https://www.gbaglobal.org/event/blockchain-infastructure/), a two-day educational seminar to be held from 27-28 September 2021 in Washington DC, for government leaders and their staff. The educational content will be delivered to public sector organizations exploring blockchain and cryptocurrency. Tuesday, 21 September 2021, 18:00 HKT/SGTShare: Source: GBAUnited States Infrastructure Bill Brings Cardano Billionaire to WashingtonCharles Hoskinson, Founder of Cardano and Co-Founder of Ethereum, Educates Government Legislators, Regulators, & AdministratorsWashington, D.C., Sept 21, 2021 – (ACN Newswire) – The recent debate over the Infrastructure Bill has made two things clear: The gov...