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Champion System Acquisition Accelerates Lever Style’s Active Wear and Custom Apparel Capability

indie
4 minutes

HONG KONG, Feb 18, 2021 - (ACN Newswire) - Lever Style Corporation ("Lever Style" HKEX 1346) announced the acquisition of Champion System Limited ("Champion System"). Champion System is a Hong Kong-founded apparel brand with global appeal that is sold in the US, all over Europe, Asia and Australia. Champion System's custom technical apparel has been of worn by Hong Kong, New Zealand and Malaysia's Olympic teams, National and World Champions, and recreational athletes of all levels.Lever Style's versatile multi-country platform now produces a full range of men's and women's apparel in a wide variety of textiles. The new acquisition builds Lever Style's specialist production capabilities in the rapidly-growing global active wear category. Increasingly, consumers want every day sportswear that is comfortable, versatile, and fashionable. Lever Style already produces technical outerwear for brands such as Mammut, Mountain Equipment Co-op, Helly Hansen, and Black Diamond. "Champion System's passionate commitment to innovation and performance apparel will enhance our ability to serve this growing lifestyle segments," said Stanley Szeto, Executive Chairman, Lever Style. "Since listing on H...

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What didn’t kill Serial System has made it stronger

elean
1 minute

What doesn't kill you will make you stronger. It is a saying that resonates with businessman Derek Goh Bak Heng. The executive chairman of mainboard-listed semiconductor trading company Serial System said he had a "near-death experience" two years ago when the company's biggest customer decided to pull the plug on it. 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
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China Medical System (0867.HK) Acquires a Dermatology Specialty Company: A Tough Player the Race

indie
12 minutes

HONG KONG, Feb 5, 2021 - (ACN Newswire) - On February 1, China Medical System (0867.HK) announced that its subsidiary had acquired Luqa Ventures Co., Limited ("Luqa"), a dermatology specialty company. This acquisition expanded its product portfolio to include Luqa's dermatology products and marked the first foray into the medical aesthetic industry for China Medical System.Why medical aesthetics? What is the significance of this acquisition?1. Consolidating the Skin Management Business and Entering the Medical Aesthetic Market: Acquiring Luqa to Explore a New Growth EngineAccording to its official website, established in 2010, Luqa is an innovative enterprise with skin treatment and medical aesthetic solutions as its core business.Its founder, Mr. Luo Benwei, is experienced in medicine and was involved in Asia's skin management and medical aesthetic industry before establishing Luqa. In 2005, as Almirall's youngest international business development manager, Mr. Luo successfully drove the company's products into markets in Africa, the Middle East, West Asia and East Asia.China Medical System recognized Luqa's many advantages, including: its abundant overseas resources of medical ae...

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Olympus to Acquire Quest Photonic Devices B.V. to Bolster Surgical Endoscopy Capabilities

indie
4 minutes

Tokyo / Hamburg, Jan 28, 2021 - (ACN Newswire) - Olympus Corporation (Olympus - Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) today announced that it has entered into an agreement to acquire Quest Photonic Devices B.V. (Quest - CEO: Richard Meester) for up to EUR50 million including milestone payments to strengthen its surgical endoscopy capabilities.Headquartered in the Netherlands, Quest offers advanced fluorescence imaging systems (FIS) for the medical field, enabling more surgical endoscopy capabilities, compared to conventional imaging technologies.Fluorescence imaging refers to special light imaging technologies that utilize the properties of fluorescent dyes directed to specific anatomical structures. By using targeted dyes, in combination with specific light wavelengths, tissues or lesions that are nearly invisible under normal white light become visible. Olympus' existing laparoscopic imaging system, VISERA ELITE II, is already equipped with fluorescence imaging technology. VISERA ELITE II uses near-infrared light to identify blood vessels or lymph nodes under the surface tissues, aiming to assist surgeons in performing safer procedures wit...

JCN Newswire
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Thailand’s First Demonstration Project of Optimized Performance Enabling Network for Volt/Var(Q) (OPENVQ) in Power Transmission Networks

ruth
3 minutes

THAILAND, Jan 12, 2021 - (JCN Newswire) - Electricity demand in Thailand is growing as its economy develops, and the country is now faced with a challenge to reduce the loss of power in the transmission network (hereinafter called "power losses"). In addition, with the amount of fossil fuels, such as natural gas, also rising because electricity is generated mainly by thermal power plants in Thailand, the country needs to introduce renewable energy to create a power source mix that could mitigate environmental impacts.Under these circumstances, there is a plan for terminating the operation of some thermal power plants partly due to facility deterioration in northeastern Thailand, the area in which the demonstration project will be carried out, after 2025. Then, the purchase of electricity from neighboring countries and construction of new power generation facilities, such as hydroelectric power plants and/or photovoltaics (PV), are being considered as alternatives. To realize electricity supply through such multiple generations, transmission facilities should be expanded and reinforced for increasing an available transfer capability. However, not much progress has been made in that ...

ACN Newswire
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Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining

indie
2 minutes

TORONTO, Jan 11, 2021 - (ACN Newswire) - Rhotex ( www.rhotex.com ) has officially launched 3 miner cases configured with an in-built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today's challenges with the traditional miners by consuming lesser power supply compared to the output performance.Rhotex currently offers a range of products in their new offer: RHO Lite, RHO Pro, and RHO Rack which comes with incredible features such as low power consumption, high-performance output, Wi-Fi / Ethernet connection, easy setup and productive compatibility with various blockchain options. These combined with its inbuilt cooling system increases expected hash rate conversion hence giving it an edge in the industry. All products in the RHO series were painstakingly analyzed and tried under intense conditions.Rhotex Inc.'s algorithm solutions integrate world-class hardware and software technologies for edge and cloud-to-edge enterprise solutions and mines Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash at high levels in ...

ACN Newswire

China Medical System (00867.HK) MSCI-ESG Rating Upgraded to AA, Reaching Global Level

indie
2 minutes

HONG KONG, Dec 22, 2020 - (ACN Newswire) - On December 17, the largest index provider, Morgan Stanley Capital International (MSCI) updated a report on the ESG (Environmental, Social and Governance) rating for China Medical System Holdings Limited ("China Medical System"), a well-established, innovation-driven specialty pharma with a focus on sales & marketing in China. According to the report, China Medical System's ESG rating has been upgraded from "BBB" to "AA", surpassing 88% of companies in the global pharmaceutical industry, and symbolizing that the Company has reached a leading level among its global peers in ESG management.In the report, MSCI recognized China Medical System's outstanding performance in Corporate Governance, Corporate Behavior, Product Safety and Quality, Human Capital Development and Access to Health Care, and commented: "Leads peers in business ethics and talent management practices". MSCI also gave a positive assessment of the Company's Corporate Behavior, "China Medical System has evidence of detailed policies on business ethics and corruption".There are seven levels of the MSCI-ESG rating, from the highest to the lowest are: AAA, AA, A, BBB, BB, B an...

ACN Newswire

China Medical System (00867.HK) MSCI-ESG Rating Upgraded to AA, Reaching Global Level

indie
2 minutes

HONG KONG, Dec 21, 2020 - (ACN Newswire) - Morgan Stanley Capital International (MSCI) issued a report on December 17 upgrading the ESG (Environmental, Social and Governance) Rating for China Medical System Holdings Limited ("China Medical System"), a well-established, innovation-driven specialty pharma with a focus on sales & marketing in China. China Medical System's ESG Rating has been upgraded from "BBB" to "AA", surpassing 88% of companies in the global pharmaceutical industry, symbolizing that the Company has attained a level among its global peers in ESG management.MSCI recognized China Medical System's outstanding performance in Corporate Governance, Corporate Behavior, Product Safety and Quality, Human Capital Development, and Access to Health Care, noting that the Company "Leads peers in business ethics and talent management practices". MSCI also gave a positive assessment of the Company's Corporate Behavior, "China Medical System has evidence of detailed policies on business ethics and corruption".There are seven levels of the MSCI-ESG Rating, from the highest to the lowest are AAA, AA, A, BBB, BB, B, and CCC. Among them, companies with AA or AAA ratings are consider...

JCN Newswire
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NEC Selected by Telefónica Germany as System Integrator for First Open RAN Pilot in Germany

ruth
3 minutes

TOKYO, Dec 16, 2020 - (JCN Newswire) - Telefónica Germany / O2 and NEC Corporation (TSE: 6701) announced today that NEC, working with its ecosystem of partners, has been selected by Telefónica Germany / O2 as its favored full-service system integrator for the first Open RAN pilot system in Germany. The system has already successfully completed a first call via Open RAN on a live O2 mobile network in the Bavarian city of Landsberg am Lech.During the pilot, NEC will help to define a customized Open RAN architecture, optimized and adapted to the requirements of the mobile network of Telefónica Germany. As the system integrator for this pilot, NEC coordinates the overall design of the Open RAN system and ensures the delivery of a solid end-to-end solution. This is being carried out in collaboration with industry leaders that include ADVA, Altiostar, GigaTera Communications, Intel, Red Hat, Supermicro and Xilinx."The key to success in implementing a first Open RAN pilot lies in the knowledge of an experienced system integrator," said Mallik Rao, CTIO of Telefónica Germany. "NEC and its subsidiary Netcracker have proven their expertise through multiple...

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ATAL’s Central-Mid-Levels Escalator and Walkway System Modernisation Project Wins ELEVATOR WORLD “2021 Project of the Year” Contest

indie
4 minutes

HONG KONG, Dec 15, 2020 - (ACN Newswire) - ATAL Engineering Group ("ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, today announced that its subsidiary Anlev Elex Elevator Limited ("Anlev") has won the first place in ELEVATOR WORLD "2021 Project of the Year" contest with the Central-Mid-Levels Escalator and Walkway System modernisation project, and became the only winning Asian company this year. The award is the latest recognition of Anlev's world-class professionalism and service excellence.Figure 1: The Central-Mid-Levels Escalator and Walkway System is world's longest outdoor covered escalator system in the world.Figure 2: Anlev, a subsidiary of ATAL, was appointed to carry out the modernisation works for the Central-Mid-Levels Escalator and Walkway System.Figure 3: ELEVATOR WORLD's result confirmation letter for the "2021 Project of the Year" Contest.The "2021 Project of the Year" contest consisted of nine categories and attracted entries from all over the world. By evaluating each entry against the criteria of innovation, originality and creativity, challenges overcome, installation methods and techniques, as w...

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Osaka University to Start Operation of NEC’s Cloud-linked Supercomputer System

ruth
5 minutes

TOKYO, Dec 14, 2020 - (JCN Newswire) - The Cybermedia Center, Osaka University, in cooperation with NEC Corporation (NEC; TSE: 6701), announced today it will introduce a new cloud-linked High Performance Computing (HPC) and High Performance Data Analysis (HPDA) supercomputer system from NEC. This will replace the existing system provided by NEC, and is scheduled to commence operation in May 2021.The new supercomputer system is composed of 1,520 general-purpose CPU nodes, each of which is a state-of-the-art general-purpose computational node with a 3rd Gen Intel Xeon Scalable processor (codename Ice Lake) featuring Intel Deep Learning boost technology, 42 GPU nodes, each of which is equipped with eight NVIDIA A100 Tensor Core GPUs that accelerate workload for AI, data analytics, HPC, and visualization and 36 VECTOR nodes, each of which features eight NEC SX-Aurora TSUBASA units that allow faster and highly efficient simulation of weather, seismic, hydraulic, and other phenomena. The new system is a hybrid supercomputer system that can deliver a theoretical performance of higher than 16 petaflops, centered on a storage appliance equipped with DDN EXAScaler high-performance parallel f...

SeaPRwire

S’pore, German defence ministers attend virtual dialogue

aseanpr
3 minutes

Multilateralism and international cooperation has served the world well since World War II, but global organisations and systems need to be updated for today's world, said Defence Minister Ng Eng Hen. The Covid-19 pandemic is but the latest event to have "shakened and weakened the very pillars" of the current global system, said Dr Ng. But countries should rethink and rework the system without throwing the baby out with the bath water, he added at a virtual dialogue yesterday. "Globalisation 1.0 was not perfect, but it did serve our needs," said Dr Ng, in an hour-long virtual dialogue organised by German think-tank Konrad Adenauer Stiftung and the S. Rajaratnam School of International Studies (RSIS). "A regression to parochial nativist and discriminatory policies by any country...will result again in bloc and misaligned interests which led to the previous two world wars." Of the many challenges facing this generation, Dr Ng said the threat to multilateralism and cooperation is the quintessential one as it affects the fundamental stability of the current world order. This order, rooted in multilateralism, had allowed for progress, development and peace for many, including Germany, J...

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Fujitsu Receives Order for “AI Bridging Green Cloud Infrastructure” Supercomputer System from Japan’s National Institute of Advanced Industrial Science and Technology

ruth
4 minutes

TOKYO, Nov 13, 2020 - (JCN Newswire) - Fujitsu has received an order from Japan's National Institute of Advanced Industrial Science and Technology (AIST) for the "AI Bridging Green Cloud Infrastructure" supercomputer system, which aims to accelerate AI research and development in industry, government, and academia. Next-generation model of Fujitsu Server PRIMERGY GX2570The new system will consist of 120 next-generation 2-way rack (4U) Fujitsu PRIMERGY GX2570 servers and a 11.2 petabyte, high-capacity storage system, each accelerated by eight GPUs(1) per node and suitable for large-scale analysis using AI such as deep learning. The theoretical peak performance of half-precision floating point operations(2), which represents an important benchmark in the AI field, is expected to be 300 petaflops(3), while that of double-precision floating-point operations(4), which are mainly used in the conventional simulation field, is expected to be 19.3 petaflops. The "AI Bridging Green Cloud Infrastructure" system will be added to the AI Data Center Building at the National Institute of Advanced Industrial Science and Technology Kashiwa Center in Japan with the beginning of operations scheduled ...

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First Japan-built LNG-fueled PCC with FGSS Supplied by Mitsubishi Shipbuilding Has Entered Service

ruth
3 minutes

TOKYO, Nov 4, 2020 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries, Ltd. (MHI) Group, has completed installation of the first unit of an LNG (liquefied natural gas) fuel gas supply system (FGSS) for marine dual fuel engines, delivered in November last year, on the pure car carrier (PCC) built by Shin Kurushima Toyohashi Shipbuilding Co., Ltd. The first LNG-fueled PCC built in Japan was delivered to Nippon Yusen Kabushiki Kaisha on October 28, 2020, and has entered service. During the construction period after the delivery of the FGSS, Mitsubishi Shipbuilding maintained close cooperation with the shipyard and supported the successful delivery of the ship by conducting various adjustments and commissioning of the FGSS.LNG-fueled PCC "SAKURA LEADER"FGSS moduleMitsubishi Shipbuilding supported the shipyard by providing the relevant engineering services and technical support relating to the gas handling of the LNG-fueled PCC, as well as dispatching highly experienced engineers for a part of installation work and the gas testing. Engineers were also dispatched last month during the LNG fueling, the first ship-to-ship bunkering in Japan. The sam...

SeaPRwire
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Covid-19: Automated wireless system that monitors blood oxygen successfully piloted

aseanpr
5 minutes

SINGAPORE - A new weapon has been added to Singapore's arsenal against Covid-19: an automated system that monitors oxygen levels in the blood. Low blood oxygen could be a symptom of Covid-19. The new system utilises Bluetooth-enabled pulse oximeters to measure blood oxygen levels. It will help automate manual tasks and compile pulse oximeter readings from thousands of individuals neatly on a dashboard. A team of researchers from the National University of Singapore (NUS) - in consultation with clinicians from the National University Hospital and Singapore General Hospital - worked on the new system from April to June. The project was also supported by both Temasek Foundation and the National Research Foundation. This new system consists of several components: wireless nodes to capture data from the Bluetooth-enabled pulse oximeters, individual Bluetooth-enabled pulse oximeters which individuals can use to take their readings, WiFi stations and a dashboard that presents the data. Workers living in dormitories need to measure and record their oximeter readings twice a day as part of precautionary measures to identify new cases of infection. This process is currently done manually. Wi...

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Ziptrak Original Track-Guided Blinds System Resolves Top Pain Points for over 4,500 Singaporean Homes and Businesses

indie
4 minutes

SINGAPORE, Nov 3, 2020 - (ACN Newswire) - Ziptrak(R), the original patented track-guided blind system based in Australia, has been making balcony and semi-outdoor spaces in Singapore more usable, protecting homes and businesses from sun glare, rain, noise, UV radiation and heat. To date, it has been installed in over 4,500 residences and commercial spaces with a proven track record of durability, where less than one percent of units installed required full replacements.Track-guided blinds are designed so that the blind material moves along a track, preventing wind and insects from entering, and cold air to escape from. Unlike traditional cabled blinds, which flap about in the wind and are exposed at the sides, the blind material will remain in the tracks and continue to protect your spaces, come rain or shine. The trifecta of quality, experience and innovation has been making waves since the very first installation of Ziptrak blinds at IMM Outlet Mall in December 2012, to its introduction to the Singapore market in early 2017. 1. QUALITY - Every component is selected for its strength and durability; with a 2m by 2m blind being able to withstand a static load equivalent to wind spee...

JCN Newswire
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Mitsubishi Power Receives Order for First Solid Oxide Fuel Cell in Europe

ruth
5 minutes

Duisburg/ Wolfsburg, Oct 29, 2020 - (JCN Newswire) - Mitsubishi Power has recently received an order to supply the first Solid Oxide Fuel Cell (SOFC) in Europe. The highly efficient hybrid system will be put into operation at the Gas- und Warme-Institut Essen e.V. (GWI) in Essen by March 2022. Among other things, flexible operation of the Hybrid-SOFC and the proportional use of hydrogen as a fuel gas are to be researched under real conditions.The system is part of the research project "KWK.NRW 4.0" and is funded by the state of North Rhine-Westphalia and the European Regional Development Fund (ERDF). The Solid Oxide Fuel Cell (Hybrid-SOFC) from Mitsubishi Power plays a central role in the project. The highly efficient system not only supplies electricity and heat but can also be used decentralized and independently of the existing power grid. Another key advantage of the Hybrid-SOFC: the system can be operated flexibly with various fuels - from natural gas to biogas and hydrogen.This Hybrid-SOFC can theoretically supply electricity to a large office building, a hospital or about 300 houses with electricity and heat. In addition to natural gas, liquefied natural gas and biogas, it c...

JCN Newswire
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Trials of Jointly Developed Compact LNG Filling System to Commence in Hokkaido

ruth
4 minutes

TOKYO, Oct 28, 2020 - (JCN Newswire) - Mitsubishi Corporation (MC) and Air Water Inc. (Air Water) have jointly developed a compact LNG filling facility (Facility)(1) that can be used in space-limited logistics facilities. The equipment will be used to fuel heavy LNG-powered trucks.A compact LNG Filling Station and Heavy LNG TruckThis is the first portable filling system in Japan and the world's first off-grid power-generation system capable of fueling trucks with LNG even during power outages. Furthermore, by circulating hot water through its waste-heat recovery mechanism, the system can help to prevent freezing problems associated LNG operations in cold or highly humid regions.In November, MC and Air Water will begin testing the system in Hokkaido, where it will be used to fuel three heavy LNG trucks, one manufactured by Isuzu Motors Ltd. and the other two by Italian firm. With the cooperation of Hokkaido Electric Power Co., Inc., the partners plan to assess the system's overall effectiveness and how much it can reduce CO2 emissions and fuels costs typically generated by heavy trucks. The results of the tests will help the partners to determine whether or not to make the system co...

JCN Newswire
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MHI Opens “Yokohama Hardtech Hub”

ruth
4 minutes

TOKYO, Oct 27, 2020 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has opened Yokohama Hardtech Hub (YHH) in the Honmoku area of Yokohama (Kanagawa Prefecture) as a space for venture firms, manufacturing companies, local government bodies, educational institutions, and other organizations to come together for co-creation and development. It is intended as a central hub that will give rise to new technologies and businesses through co-creation, in order to generate and realize innovative ideas in hard tech(1) to be implemented in society.Yokohama Hardtech HubThe YHH will occupy a building on the site of the Honmoku Plant (Naka-ku, Yokohama) with equipment and facilities to meet the manufacturing requirements of hardtech companies, including cranes, power supplies, and other utilities, as well as an eight meter-high ceiling and high soil bearing capacity. The 20,000m2 co-creation hub also offers a multipurpose space suitable for hosting events, meeting rooms, and other facilities necessary for business.MHI will utilize the YHH as a space for innovation emergence centered on technology, and by fostering connections among a wide variety of participants, provide assistance f...

SeaPRwire
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Olympus to Support Endoscopic AI Diagnosis Education for Doctors in India and to Launch the AI Diagnostic Support Application

pandora
4 minutes

Participating in Ministry of Internal Affairs and Communications project: "Survey Study for International Expansion of AI Diagnosis Support System Using Ultra-High Magnifying Endoscopes in India" TOKYO, Oct 20, 2020 – (ACN Newswire) – Olympus Corporation took part in a ground-breaking project as a business promoter, in cooperation with the Ministry of Internal Affairs and Communications (MIC), entitled, “Survey Study for International Expansion of AI Diagnosis Support System Using Ultra-High Magnifying Endoscopes in India.” The project aims to develop advanced endoscopy diagnostics in India, where there are relatively few endoscopists. In collaboration with CYBERNET SYSTEMS CO,. LTD., Olympus has established an AI diagnostic support system at a major medical institution, the Asian Institute of Gastroenterology (AIG) based in Hyderabad, India. Specialist lecturers and physicians from Showa University Northern Yokohama Hospital provided expert guidance to AIG doctors. In addition to training AIG doctors in techniques for detecting diseases and differential diagnosis by colonoscope, they also trained the doctors on how to instruct the next generation of endoscopists. The project start...