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Hitachi High-Tech Corporation Opened the New Demonstration and Collaboration Base “Advanced-Technology Innovation Center Naka”

ruth
3 minutes

TOKYO, May 31, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation today announced the opening of its new demonstration and collaboration base "Advanced-Technology Innovation Center Naka (ACN)" in the city of Hitachinaka, Ibaraki Prefecture. This facility will function as a site to demonstrate above mentioned products to customers and to initiate and to promote the development of new solutions for analytical system products via collaborative activities at the closer location to its design and development base.The analytical system products such as electron microscopes and probe microscopes are used for structural understandings, dimension measurements, elemental analyses, and physical property evaluations in various phases from research and development to quality control in a wide range of industrial and also scientific fields such as semiconductors, materials, or life sciences.Especially in recent years, demands for integrated analytical data of plural aspects acquired with various instruments are increasing to elucidate structures and properties of the specimen in multi-scale from centimeters to nanometers under the situation of intensive competitions for real...

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CNERGENZ Berhad Posts RM36.9 Million in Revenue for 1Q FY2022

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2 minutes

PENANG, Malaysia, May 27, 2022 - (ACN Newswire via SEAPRWire.com) - CNERGENZ Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has announced its financial results for the first quarter ended 31 March 2022 (1QFY2022) today. The Company registered revenue of RM36.9 million for the 1QFY2022, primarily contributed from the sales of standalone surface mount technology (SMT) machines and equipment constituting 60.9% of its total revenue. In addition, sales generated from the provision of integrated solutions segment contributed 31.2% to the total revenue.Chief Executive Officer of CNERGENZ, Mr. Lye Yhin ChoyFurther, the Company recorded profit before tax (PBT) of RM4.87 million and achieved net profit (PAT) of RM3.64 million for the period. After excluding one-off expenses relating to the initial public offering amounting to RM0.16 million incurred during the period, the Company's PBT and PAT stood at RM5.03 million and RM3.80 million, respectively.Chief Executive Officer of CNERGENZ, Mr. Lye Yhin Choy said, "Manufacturing activities remained robust in 1QFY2022 leading to the continued demand for our integrated solutions in the electronics an...

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CNERGENZ Berhad Lists on ACE Market, Share Price Gains 4.31% to RM0.605 on Debut

indie
3 minutes

KUALA LUMPUR, May 25, 2022 - (ACN Newswire via SEAPRWire.com) - CNERGENZ Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has made its debut on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) under the Technology sector, opening at RM0.605 per share, which is a premium of RM0.025 or 4.31% above the IPO price of RM0.58 per share.Ms. Yeat Soo Ching, Independent Non-Executive Director of Cnergenz; Ms. Alwizah Al-Yafii Binti Ahmad Kamal; Mr. David Lim, Chief Executive Officer of UOB Kay Hian Securities; Mr. Lye Yhin Choy, CEO & Executive Director of Cnergenz; Mr. Kong Chia Liang, COO & Executive Director; Dato' Azman bin Mahmud, Independent Non-Executive Chairman; Mr. Lye Thim Loong, Chief Corporate Officer & Executive Director; Ms. Ooi Ley Ching, Independent Non-Executive Director [L-R]Chairman of CNERGENZ, Dato' Azman bin Mahmud, extended the thanks of the Company to the Securities Commission, Bursa Securities, UOB Kay Hian Securities Sdn Bhd as well as others involved in the IPO exercise, and said, "I would like to thank our investors who have placed their trust and confidence in CNERGENZ, and for their...

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Singapore-based FinTechs, TechCreate and Diginius, to Merge and Combine Together into an Integrated Fintech Enterprise, TechCreate Group; Focus on Powering the Future of Payments in Asia

indie
4 minutes

Singapore, Apr 19, 2022 - (ACN Newswire via SEAPRWire.com) - TechCreate Solutions Private Limited ("TechCreate"), a Singapore-based technology services group specialising in innovative digital payment and digitalisation solutions, and Diginius Pte. Ltd. ("Diginius"), a provider for IT security and infrastructure solutions, are pleased to announce a merger between both companies via a share swap transaction that will value the enlarged fintech enterprise, TechCreate Group, at USD$30 million, based on a valuation that was recently completed by one of the Big 4 accounting firms.From left: Mr Lim Heng Hai, (Group CEO of TechCreate Group) and Mr Ronald Vong, (Managing Partner of TechCreate Group)As a trusted leader in digital solutions, TechCreate has been at the forefront of technology innovation and since its establishment, it has developed its own proprietary Real-Time Payment Engine (RTE) that can further enhance the payment capabilities of financial and banking institutions. Leveraging its technological expertise, legal experience and extensive operational track record, TechCreate has successfully enabled end-to-end digital solutions (such as payment gateways, API gateways and bloc...

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SCCG and RONIN Partner for North America TV Sports Data

indie
3 minutes

LAS VEGAS, NV, Apr 8, 2022 - (ACN Newswire via SEAPRWire.com) - SCCG Management CEO and Founder Stephen Crystal announced a partnership with the international digital media provider Ronin Venture, a leading provider of TV sports data branded under the name Ronin Sport. SCCG will be a strategic business partner to Ronin Venture and help the company grow the business in the North American market. SCCG will provide insights, business development, and advisory services to grow the company within different North American sports market segments. Stephen Crystal said of the partnership, "Sports betting is a growing sector in the US. The TV sports solutions that Roninsport.io provides to betting operators, sports affiliations, and iGaming platforms have a unique high quality. You can tell that the founders of roninsport.io have been doing this for 15 years."Andreas Fredmark, the Managing Director of Roninsport.io says, "All in the management team are excited to start working with Stephen and his team at SCCG. The industry experience that SCCG is extraordinary and will contribute to developing our services further. Coming from Sweden with a focus on engineering and product development, we n...

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Hitachi Energy Launches OceaniQ – Innovative Solutions for the Offshore Environment

ruth
6 minutes

ZURICH, SWITZERLAND, Apr 5, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Energy today launched its OceaniQ portfolio for the offshore energy environment, which will be showcased this week at the annual WindEurope event in Bilbao, Spain. The global technology and market leader in power grids, which has a proven track record(1) in pioneering solutions for offshore, has created OceaniQ to help accelerate the clean energy transition. OceaniQ will result in greater volumes of wind power being efficiently harvested and integrated into the world's energy system.Combining cross-industry competence from the power and marine sectors, OceaniQ addresses applications for fixed platforms, floating structures and sub-sea power systems for wind, marine and other offshore operators. Hitachi Energy rigorously designs its OceaniQ products, services and solutions in collaboration with customers and partners, which are designed to solve the specific needs of offshore energy operators.Key characteristics of OceaniQ solutions feature a modular design to enable timely installation and the ability to quickly connect energy assets to onshore. OceaniQ solutions take advantage of digitalization, enabling...

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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...

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Memiontec Secures its Largest Contract to date following Award of a New S$56.6 Million Contract by PUB

indie
4 minutes

Singapore, Mar 25, 2022 - (ACN Newswire via SEAPRWire.com) - Memiontec Holdings Ltd. ("Memiontec" or the "Company", and together with its subsidiaries, the "Group"), a total water solutions provider in Asia, wishes to announce that the Group has been awarded a S$56.6 million contract (the "Contract") by the Public Utilities Board ("PUB"), Singapore's National Water Agency.Under the Contract, the Group will install membrane bioreactor equipment which has a treatment capacity of 22 million gallons per day for the Changi Water Reclamation Plant Phase 2, Contract C22C. The works under the Contract are scheduled to commence in May 2022 and the contract duration is estimated to be around 23 months.Subject to any unforeseen, unexpected or unplanned circumstances or events, the Board expects the Contract to contribute positively both to the Group's financial results for the duration of the Contract as well as to its net tangible assets per share and earnings per share for the current financial year ending 31 December 2022. Memiontec's Executive Director and CEO, Mr Tay Kiat Seng, said, "Securing this Contract from PUB is a significant achievement for Memiontec, both in terms of its contrac...

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Quantum Solutions Explores Strategic Partnership with Duke New Energy Vehicle Co. for R&D, Design and Manufacturing of EVs

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3 minutes

Tokyo, Japan, Mar 4, 2022 - (ACN Newswire via SEAPRWire.com) - Quantum Solutions ("Quantum"), the first Japanese listed EV company, today through its subsidiary, entered into a Framework Agreement ("Agreement") with Duke New Energy Vehicle Co. Limited ("Duke"), an electric vehicle developer and manufacturer based in Jiangsu, China, for potential strategic partnership and cooperation across research, development, design, and manufacturing of electric vehicles. This Agreement furthers Quantum's entry into the EV sector, laying the groundwork to becoming a leader in quality, affordable, micro-EV.In January 2022, Quantum FOMM Limited ("QF"), a subsidiary of Quantum and a joint venture with FOMM Corporation ("FOMM"), announced it has acquired the manufacturing and distributing rights in select regions of FOMM One, FOMM's first electric vehicle model and one of Japan's few approved EV kei car on the road today. Through this Agreement with Duke, Quantum will leverage Duke's manufacturing expertise and capabilities in order to reduce the cost of production of the existing model of FOMM One. In addition, Quantum plans to leverage Duke's existing technologies and designs as well as its vast ...

ACN Newswire

Robin.io to Accelerate 5G and Edge deployment and management at MWC#2022

indie
9 minutes

SAN JOSE, CA, Feb 25, 2022 - (ACN Newswire via SEAPRWire.com) - Robin.io, the world's leading provider of Cloud Native Platform for Service Providers is participating at the world's most influential event, Mobile World Congress - Barcelona, 2022. At MWC #2022, Robin.io and industry-leading partners aim to demonstrate to customers live use cases and future-ready stack on the new capabilities of 5G and Edge.Communication Service Providers (CSPs) and Mobile Network Operators (MNOs) are facing huge 5G investment decisions over the next few years. Robin Cloud-native, flexible Kubernetes platform offers greater choice and agility to accelerate new connectivity and service options. Robin.io is already helping operators provide the 5G/MEC service promise with unmatched lifecycle simplicity, performance, scale, and advanced workload placement.Mobile network operators (MNOs) are building their 5G network infrastructure with a new emphasis on cost effective performance. Robin.io is able to quickly bring their platform to deployment and also support 5G vRAN by using Intel Smart Edge – a cloud native based software platform that incorporates advanced Kubernetes networking for Telco deployment, ...

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DENSO to Take Minority Stake in JASM

ruth
4 minutes

KARIYA, JAPAN, Feb 15, 2022 - (JCN Newswire via SEAPRWire.com) - TSMC (TWSE: 2330, NYSE: TSM), Sony Semiconductor Solutions Corporation ("SSS") and DENSO Corporation ("DENSO") today announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc. ("JASM"), TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a US$0.35 billion investment. With this equity investment, DENSO will hold a more than 10% equity stake in JASM. Construction of JASM's fab in Japan is scheduled to begin in the 2022 calendar year with production targeted to begin by the end of 2024. To support market demand, TSMC will also enhance JASM's capabilities with 12/16 nanometer FinFET process technology in addition to the previously announced 22/28 nanometer process and increase monthly production capacity to 55,000 12-inch wafers. With the additional capacity, the total capital expenditure for JASM's Kumamoto fab is estimated to be approximately US$8.6 billion with strong support from the Japanese government. The fab is expected to directly create about 1,700 high-tech professional jobs.The closing of the transaction between JASM and DENSO is subject to...

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Hitachi Rail’s Digital Interlocking Passes Major Milestone for Germany’s Fast-Track Programme

ruth
4 minutes

TOKYO, Feb 4, 2022 - (JCN Newswire via SEAPRWire.com) - Deutsche Bahn and the German Federal Railway Authority has witnessed a series of functional and operational tests that proved Hitachi Rail's capability to adapt its digital interlocking product to German specifications and standards.The move represents a major step towards Hitachi Rail entering the German interlocking market. While the firm is one of the world's largest signalling providers, the tests confirmed that its technology was compatible with German SCI (Standard Communication Interfaces) which interface between the interlocking and operations control centre.Having proved its ability to adapt its technology, Hitachi can partner Deutsche Bahn in its plan to modernize the signalling equipment of the entire network with Digital Interlocking and ETCS, over the next two decades, as part of the "Digitale Schiene Deutschland" (Digital Rail Germany) programme.This is a major milestone in Germany's Fast-Track Programme, also known as "Schnelllauferprogramm" (SLP), whose objective is to bring new digital solutions to the market in a very short time by simplifying processes and promoting close cooperation between supplier and ope...

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NEC Acquires Mobile Network Innovator Blue Danube Systems, Inc. to Enhance its 5G Product Portfolio and Customer Support Capability

ruth
3 minutes

TOKYO, Jan 28, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (NEC; TSE: 6701) today announced it has signed a definitive agreement to acquire privately held Blue Danube Systems, Inc., a U.S.-based provider of CBRS/4G/5G RAN products and AI/ML-based software solutions that help mobile operators address the challenge of 5G network buildouts and spectrum optimization. The deal is expected to close around March of 2022, pending regulatory approval.NEC, as a leading Open RAN provider that is recognized for its end-to-end Open 5G solutions and system integration capabilities, continues to invest in the 5G business through organic and inorganic initiatives, aligned with its "Mid-term Management Plan 2025." This acquisition expands NEC's customer support capability and assets in North America, and adds to the breadth of its Open RAN solutions portfolio to support the needs and demands of customers.Blue Danube will join NEC with an innovative team that builds onto NEC's global 5G R&D capabilities, and the company's patented beamforming technologies will further enhance NEC's leadership in 4G and 5G Radio Units based on O-RAN specifications. Additionally, it will accelerate N...

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Hitachi Rail Partners Exclusively with Intermodal Telematics to Offer a Digital Solution to Improve Rail Freight Efficiency and Safety

ruth
5 minutes

London, UK, Jan 14, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi Rail and Intermodal Telematics (IMT) have agreed an exclusive long-term partnership that will add IMT's pioneering monitoring sensors to Hitachi's existing digital freight service. The agreement will allow Hitachi to offer rail freight companies around the world a solution that provides real time monitoring to improve efficiency and safety.Netherlands based independent solution provider IMT has pioneered the development of digital monitoring sensors and telematics solutions for freight wagons and containers. The sensors verify the exact location of the cars, the loading status, the open/close condition of doors and hatches, the temperature and pressure of the cargo and the health condition of bogies and wheelsets. The data is sent to the Cloud via a solar powered GPS device and allows the condition of the train and its cargo to be monitored in real time, as well as alerting operators about potential issues. The partnership allows the use of AI analytics to optimise the efficiency and safety of its customers' freight services worldwide.Powered by IMT, Hitachi can now provide fully-fledged telematics solutions that...

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Hatten Land Signs Comprehensive Collaboration Agreement with Huawei

indie
5 minutes

Singapore / Melaka, Malaysia, Dec 27, 2021 - (ACN Newswire via SEAPRWire.com) - SGX Catalist-listed Hatten Land Limited ("Hatten" or the "Company" and together with its subsidiaries, the "Group") is pleased to announce that its wholly-owned subsidiary Hatten Edge Pte. Ltd. ("Hatten Edge") has entered into a Comprehensive Collaboration Agreement ("CCA") with global leading information and communications technology (ICT) provider Huawei International Pte. Ltd. ("Huawei International").Highlights:- Utilising their respective capabilities in technology, operational resources and business networks, Huawei and Hatten will jointly explore and develop business opportunities in key areas such as Cloud Computing, Virtual World solutions, Digital Entertainment, Data Centres, Renewable Energy, Fintech Infrastructure, among others- The partnership is a testament of Hatten's ongoing efforts and commitment in its strategic pivot and it will be another important catalyst to accelerate its digital and blockchain business ventures- Huawei endeavours to share its world-class expertise and cutting-edge technology in cloud and enterprise intelligence with Hatten to co-design and co-market innovative cl...

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ASL Successfully Held “ASL Innovation 2021” Webinar

indie
7 minutes

HONG KONG, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Automated Systems Holdings Limited ("ASL" or "the Group") (HKEX stock code: 771), a trustworthy and professional global Information Technology ("IT") partner, held "ASL Innovation 2021" webinar today. In the webinar, ASL introduced its newly-launched comprehensive cloud service online platform - ASL Marketplace, which has been put in place in late October, comprising a series of self-developed "as a Service". ASL also shared its marketing strategies and direction for future developments. The launch of ASL Marketplace signifies the Group's transformation into a service integrator, by unifying DevSecOps technologies that enables the Group to bring unique "Unified Technology Services" and brand-new service experiences to its customers. The webinar achieved complete success at the end.ASL has launched ASL Marketplace, a new cloud-based comprehensive online platform, that integrates application development (App), cybersecurity (Sec) and omni-channel managed services (Ops) into an unique "Unified Technology Services", providing a complete one-stop as a Service solution to meet customers' varied needs.Mr. Dominic Shih, Chief Tec...

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Regional Insurtech Igloo extends footprint in Malaysia with Pine Labs partnership and appointment of Country Head

indie
5 minutes

KUALA LUMPUR, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Regional insurtech firm Igloo today announced a new partnership with digital payments service provider, Pine Labs, marking the extension of its regional footprint in Malaysia. Pine Labs is currently used by over 246,000 merchants in 3700 cities and towns across India and Malaysia. The partnership comes on the heels of its appointment of Amitabh Singh as Country Manager, Malaysia.Through the partnership, Pine Labs will offer shoppers hassle-free and easy mobile phone protection solutions under the IglooCare Program. Mobile Phone 360 and Phone Screen Protection are currently available on Pine Labs' platform. The protection covers both repair and replacement of the gadget by up to 100% of the gadget retail price, offered through Igloo's dedicated nationwide IglooCare repair and service network in Malaysia.Meanwhile, as part of Igloo's plan to extend its presence in Malaysia, the company appointed Amitabh Singh, as Country Manager for Igloo, Malaysia. He will be responsible for Igloo's overall country operations across business development, partnerships, marketing and operations. With nearly two decades of experience in fi...

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Crestron solidifies foothold in Asia with Strategic Customer Wins and Growing Regional Business Momentum

indie
5 minutes

SINGAPORE, Dec 8, 2021 - (ACN Newswire via SEAPRWire.com) - Crestron, a global leader in workplace technology that creates automation solutions to improve efficiency and productivity, strengthens its position in the Asian markets through recent strategic customer wins. One of the top 3 local banks in Singapore has recently selected Crestron solutions for their training and development centre. Also, recent wins in some of the top Singapore Universities and Government institutions have proven that the strategy to add new vertical markets is successful.Crestron is strengthening its go-to-market approach in Asia with a focus on direct engagement with its end users, in support of their key partners. Crestron's plan to further its stronghold in the region will be supplemented by relocating to a new regional office in Singapore, Cecil Street, end of this year. The new office will feature a state-of-the-art Customer Experience Centre to showcase Crestron's innovation in technology."Asia is a significant region for Crestron and the pandemic has opened up massive opportunities for AV solution providers like us, driving us further to extend our capabilities into Unified Communications (UC). W...

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Gradiant Secures Five New DBOOM Projects in Indonesia and Vietnam, Appoints Managing Directors to Fuel Growth

indie
4 minutes

Singapore, Dec 2, 2021 - (ACN Newswire via SEAPRWire.com) - Gradiant, a leading global cleantech water treatment solutions provider and projects developer, has announced the award of five design-build-own-operate-maintain (DBOOM) water treatment projects in Indonesia and Vietnam. Gradiant will provide end-to-end water treatment solutions through a customized approach using its proprietary suite of technologies to treat water and wastewater for industrial and municipal clients. These projects have a production capacity of 40,000 cubic meters per day. Gradiant has further announced the hiring of Managing Directors Thai Nam Nguyen for Vietnam, and K Sadanand for Indonesia. The new leadership appointments affirm Gradiant's growth and investment priorities in the rapidly industrializing Asia Pacific region. Sadanand brings over 35 years' experience in the water industry, of which 10 years has been in the Indonesia market, working for leading companies of Solenis, Nalco Water, GE Water, Fichtner, and Ion Exchange. Nam has over 25 years' experience in the water and wastewater treatment industry in various roles as country representative, and projects and business development director for ...