Hdac Technology Develops New Protocol, Strengthens Enterprise Solution, and “EXPANDS” into FinTech Business
Hdac Technology, a technology company of hybrid blockchain project 'Hdac', announced its business strategy and technology development roadmap at Grand Intercontinental Seoul Parnas Hotel in Seoul, Korea, on March 13. It was announced that Hdac Technology is designed as an enterprise architecture where a hybrid blockchain project 'Hdac' can reflect the needs of diverse industries. It will also revitalize DApp ecosystem with enterprise blockchain service and develop the FinTech business led by HyundaiPay. In the first quarter of 2019, Hdac Technology plans to complete the SDK(Software Development Kit) and API (Application Program Interface) development to establish an enterprise solution development environment and secure a framework. Particularly, by aiming at DevOps, the firm will support rapid and easy development, deployment, testing, and distribution of Hdac-based blockchain infrastructure. In addition, it will actively explore DApp with growth value and act as an accelerator, thereby realizing the increasing value of Hdac and building a platform that can fully cover the ecosystem. The goal is to provide a Blockchain-as-a-Service (BasS) solution that can easily and conveniently build and operate infrastructure and services based on blockchain, even if the company is not a blockchain specialist. Hdac Enterprise Blockchain Solution can be used in a variety of fields ranging from construction and real estate areas, such as smart home and P2P transactions, manufacturing areas including electronic contracts, purchases, process emergency detection, and production history management to finance and distribution areas using membership points or prepaid cards. ▲ Michael Yoon, CEO of Hdac Technology and HyundaiPay (Photo by Hdac Technology) ▲ Moon-Ok Cho, CTO of Hdac Technology (Photo by Hdac Technology) Moon-Ok Cho, CTO of Hdac Technology introduced the plans of Enterprise Blockchain Solution. “In about March or April, Bridge Node, which connects mainnet and a DApp partner’s mainnet, will be released so that DApp partners can develop smart contracts. In the mid to long term, we will evolve mainnet itself to a scalable platform for attracting more DApp partners. What’s more, we are looking into cooperation with global cloud providers to provide the best enterprise blockchain for enterprise customers and to secure global market competitiveness.” In addition, he added, “With the aim of properly packaging blockchain solutions on a framework unit to combine legacy systems that have been maintained and blockchain, we are at the stage of conducting private block chain testing and POC(Proof of Concept) in the industry domain of Hyundai. We are preparing a BasS(Blockchain-as-a-Service) solution that combines blockchain technology with global cloud providers such as Amazon and Microsoft. We expect 2019 to be the first year to lay the foundations for advancing both domestic and global business.” Smart Factory enables application and implementation of various new IT technologies such as AI, IoT, cloud, and blockchain by converting data generated at the manufacturing site into big data. Currently, the firm is in the stage of executing POC with Hyundai-affiliated manufacturing-based companies and considering Smart Factory business that controls various factory facilities and machines and collects data through combination with AI and IoT technology based on blockchain. ▲ Hdac Enterprise Blockchain Solution can be applied across a wide range of industries. ▲ Wallet Service provides a two-sided (user and biz partner) integrated service as a platform for various FinTech services. FinTech business, which is headed by HyundaiPay, is based on offering a payment service that can use cryptocurrency conveniently in daily life. Unlike Switzerland-based Hdac Technology, HyundaiPay is operated as a domestic corporation, so Michael Yoon and Moon-Ok Cho, CEO and CTO of Hdac Technology, are also CEO and CSO and HyundaiPay at the same time, respectively. As for FinTech business based on blockchain, the firm will first expand its business centered on the killer services including Prepaid Point Payment Service and Real Estate P2P Service and secure customers at the same time. After that, it will create a user-friendly Wallet Service platform for actively targeting FinTech market. Prepaid Point Payment Service, which is the core, can be used for simple remittance, on/offline merchant payment, smart home service, and simple payment after issuing a prepaid point, “H point (tentative name)”, with Hdac Coin. The “H point” will be evolved as a stable coin in the future. The charging means includes not only Hdac Coin but also various cryptocurrencies, affiliate points, and account cash transfer. By the fourth quarter of this year, the firm plans to provide gift card purchase services such as department store gift cards and Gifticon, and QR code payment service in retail stores. Moreover, by the first quarter of next year, it plans to expand its use by providing simple payment service at mobile/online shopping malls and payment service of electricity and gas bills at the luxury apartment brand, 'HERIOT', of Hyundai BS&C. Real Estate P2P (Peer-To-Peer) Service will provide profits to investors by selecting real asset products such as real estate. It is composed of investment product guide, product evaluation, credit evaluation of business operator, education, consulting, etc. It prepares FinTech product based on real assets to guarantee stable profit rate to users. In particular, it is planned to provide a blockchain-based P2P platform that enables easy management of real assets and reinvestment into various types of assets in connection with the Prepaid Point Payment Service. In the future, it will be expanded to P2P financial services based on various assets. Furthermore, Hdac Technology will showcase Wallet Service, which will be an upgraded version of the existing Hdac Wallet as a FinTech service platform for end-users and business partners. As any complicated authentication procedure has removed, it is to provide an easy and convenient blockchain-based integration service that allows the general users who do not know the blockchain to quickly register by using only their phone numbers. Wallet Service will provide multi-chain wallet, simple remittance, simple payment, point charging function including two-sided (user and biz partner) integrated service as a platform of various FinTech service as well as user's simple and friendly user experience. It will be conducted in a form of portal service that supports Prepaid Point Payment Service and Real Estate P2P Service. When the environment is created, personalization services will be prepared through AI or data analysis. On the other hand, it was announced that Prepaid Point Payment Service, Real Estate P2P Service, and Wallet Service are all in the process of launching businesses within the year. ▲ Hdac is a hybrid blockchain platform that integrates public and private blockchains. Hdac is a hybrid blockchain platform that integrates public and private blockchain and is designed as an enterprise architecture that combines blockchain and IoT to reflect the needs of various industries. Hdac blockchain core framework includes elements such as consensus algorithm, blockchain, cryptocurrency, P2P transaction, security, VM, and smart contract. Based on this, the functions for B2C business service including Wallet, Explorer, node, mining, ePOW in the mainnet, which is a public blockchain service area. In a private blockchain area, the functions for B2B business such as access and management of channels, DevOps environment for development and operation at the same time, off-chain environment linking the existing legacy data or heterogeneous systems, user membership function with access to blockchain, and operational governance function. Hdac Technology also announced that the Bridge Node, which can compose a separate side chain for the enhancement of DApp ecosystem, will be released by the end of March after finishing its development, inner integrated testing, and verification work. Bridge Node provides off-chain scaling by connecting the mainnet’s core and the side chain core of DApp partner’s mainnet and adding a layer that deals with the contract. It also includes a private key that identifies the individual, allowing the owner of the contract, which occurs on Hdac blockchain, to be clearly seen on the mainnet. This enables audit trail of contracts to ensure reliability and scalability. With the application of Bridge Node, Hdac mainnet will be able to provide three services: Token Service, Contract Service, and Scalability. Token Service can issue tokens through Bridge Node or interchange with Hdac, and record the result of the operation through the contract to Hdac mainnet while maintaining the consensus algorithm defined in each blockchain. Contract Service enables issuance and management of new tokens and provides contract functions as well as Scalability that can design various multi-chains based on Hdac mainnet into an independent governance and chain economy by using bridge node. ▲ An architecture diagram of Bridge Node-based DApp Ecosystem ▲ The private blockchain sector is also negotiating a partnership for BaaS business. Hdac Technology stated that it started the R&D of a new protocol ‘HPOS (tentative name)’ to upgrade existing ePoW, Hdac’s consensus algorithm, to PoS(Proof of Stake)-based consensus algorithm for effective network operation of Hdac mainnet. PoS is a category of consensus algorithm of public blockchain based on the economic stake of the inspectors in the network. It has an advantage of improving energy efficiency compared to a consensus algorithm with mining method, which is a consumptive competition method. In addition, because a certain punishment is possible for actions against the utility and accuracy of the network and disturbances of networks, it becomes possible to freely design about network attacks and to maintain the economically safe-network security. In order to develop this new protocol, the development team of Hdac Technology is communicating globally through the meeting with Joseph Lubin, the Co-Founder of Ethereum, as well as development team of Ethereum POS protocol. The team will pursue a comprehensive partnership such as joint R&D and business collaboration. Hdac also initiated research into issuance technology of security token according to the token specification based on the ERC-1404 standard, and announced that it is studying smart contract on token issuance, transaction, and white labeling processing under legal restrictions . “We will provide a Blockchain-as-a-Service (BaaS) solution that can easily and conveniently build and operate infrastructure and services based on blockchain, even if it is not a blockchain specialist. What’s more, we are looking into cooperation with global cloud providers to provide the best enterprise blockchain for enterprise customers and to secure global market competitiveness” said, Moon-Ok Cho, CTO of Hdac. He added, “We are currently developing a private blockchain framework based on the Enterprise Ethereal Alliance (EEA). In addition to the round-robin method, we will review and develop various consensus algorithms such as PBFT (Practical Byzantine Fault Tolerance), expand DevOps tools, and release a private framework including SDK in the first half of this year.”
China-Korea Yantai Industrial Complex Press Conference
On February 26, at 10:30 am, a Media briefing session on ‘China-Korea Yantai Industrial Complex’ was held at the Grand InterContinental Seoul Parnas Hotel. The session was attended by about 30 people from Yantai City and the industrial complex, including vice mayor of Yantai, Zhang Dailing(张代令), and people from Korean companies and media. The China-Korea Yantai Industrial Complex was constructed as two core areas and two expanded areas over a total area of 80.4㎢. In the core areas, smart manufacturing, logistics and new energy sectors are concentrated, while expansion areas are concentrated with life sciences, biotechnology and medical fields. Besides, it will actively build cooperation with Korean companies in various fields such as finance, e-commerce, and entertainment on the strength of the policy of the State Council of the People’s Republic of China. ▲ Dailing Zhang, Vice Mayor of Yantai, China ▲ Ho-yeol Bae, Director of Investment Strategy, Korea Agency for Saemangeum Development and Investment ▲ Jinsheng Gu, Minister-Counsellor of Economic and Commercial Counsellor’s Office, Embassy of the People's Republic of China in the Republic of Korea “Yantai Industrial Complex is a significant strategic hub for economic cooperation between China and Korea. In the future, we will devote our utmost efforts to make the industrial complex the cornerstone of the economic development of two countries by attracting companies and talents through active policy support and benefits,” said Zhang Dailing, Vice Mayor of Yantai, China. “While Chinese VIPs were visiting the Saemangeum site, there was an in-depth discussion about exchanging more actively between the two countries. I believe the active exchange since last year has become a stepping stone to devising a win-win strategy,” said Ho-yeol Bae, Director of Investment Strategy, Korea Agency for Saemangeum Development and Investment. “The Embassy will make efforts to realize the Xiaokang(Moderately prosperous) Society and the Chinese Dream. We will do our best for the idea of ‘Benefit all Mankind(人类共同)’ by carrying out the reform and opening up according to the ideology of the general secretary Xi Jinping(習近平). The two countries are neighboring countries facing the sea, and have achieved rapid overall achievement over the past two decades. It has achieved a lot of accomplishments with wider human exchanges. On the other hand, trade protectionism is worsening in the world and uncertainty is growing. In the midst of this, complementary characteristics between China and South Korea are emerging. We look forward to substantial cooperation in each area and hope to have more benefits for the people of both countries,” Gu Jinsheng(谷金生), Minister-Counsellor of Economic and Commercial Counsellor’s Office, Embassy of the People's Republic of China in the Republic of Korea. ▲ The plan to accelerate growth of Industrial Complex focused on by the Chinese government and Yantai city government was introduced. ▲ The specialization strategy of the development zone was introduced to the representatives from Korean companies. ▲ Major projects of ‘One Belt One Road’ in the expanded zone were introduced. Taking this opportunity, Korean companies’ entry into China is expected to be more active. If a Korean company moves into an industrial complex, it will receive a subsidy for renting industrial parks and expanding factories. There are also institutional benefits such as tax breaks and visa exemption (for maximum 144 hours). It is expected that Korean companies will capture the fast-growing Chinese domestic market and secure an economic growth engine. At the presentation, five policies for Korean companies were announced; subsidies, substantial use of land, strengthening tax support, active attracting of talented people, and providing trade and administrative support. It is expected to further boost the value of the industrial complex, which has a strategic position with the two zones and one base, including the demonstration zone, precedent zone, and new development base. In 2018, 66 new Korean projects were launched with a total value of $210 million and recorded the total turnover of about $7.47 billion (RMB 50 billion). Likewise, the upward trend in China since 2019 is expected. In particular, the Industrial Complex said they will attract more than 100 Korean companies by 2025 and will invest a total of $2 billion in these companies. Meanwhile, the Industrial Complex was established in December 2017 to explore economic cooperation between Korea and China on the basis of the Korea-China FTA agreement that entered into force in December 2015. The complex has settled down as an important base of the policy of Xi Jinping’s ‘One Belt One Road(一帶一路)’ and a bridgehead of entering China, Korea’s number one trading partner.
‘Ransomware’ and ‘Cryptojacking’ Mining Cryptocurrency Declined, While ‘Formjacking’ Stealing Credit Card Information Increased
Intel Announced New Portfolio for Data-Centric Era
Intel hosted ‘Intel Data-Centric Press Workshop’ at Intel Jones Farm Campus in Hillsboro, Oregon, US on March 5 and 6, and introduced Intel's portfolio of solutions for the data-centric era. At the workshop, the technical characteristics of the next generation processors and platforms including Next-Gen Xeon Scalable Processors and Optane DC Persistent Memory were introduced. Changes in IT technology, from IoT, cloud to 5G and artificial intelligence, are creating trends of explosive data growth, and the ability to handle this data is being linked to competitiveness. In addition, transition to cloud computing, increase of the use of AI and analysis, and cloudification of network and edge are driving the demand for change of IT infrastructure. Intel expects to have the largest market opportunity ever in this data-centric era, with a total size of $200 billion. Therefore, Intel introduced plans to offer software and system-level optimized solutions that can process everything, store more, and move faster to prepare for this market. As a new portfolio for the data-centric era, Intel introduced the second-generation Xeon Scalable Processors, a new Xeon D-1600 processor, Agilex FPGA, Optane DC Persistent Memory, Optane DC SSD, QLC 3D NAND-based DC series SSD, and 800 series Ethernet adapter. The new Xeon Scalable Processors, Optane DC Persistent Memory, Optane DC SSD, and Ethernet technologies are expected to provide superior performance and efficiency in a variety of workloads through being tightly coupled in a system-level and optimization of software levels. What’s more, these innovations will be available faster through ‘Intel Select Solutions’ with a proven, optimized configuration. ▲ Lisa Spelman, Vice President of Data Center Group and General Manager of Intel Xeon Processors and Data Center Marketing at Intel Corp. ▲ Intel is leading innovations in all of various solutions for data-centric era. Lisa Spelman, Vice President of Data Center Group and General Manager of Intel Xeon Processors and Data Center Marketing at Intel Corp., introduced the prospect of the recent data growth that the data, which was about 33ZB in 2018, will grow by an average of 25% per year, reaching 175ZB in 2025. She also said that the extension of data center area up to the edge-level is one of the important trends. In terms of growth trends in real-time applications, she stated that they will account for about 30% of the data produced in 2025, with more than 150 billion connected devices running by 2025. As major drivers of these changes, (1) move to cloud computing, (2) growth of AI and analytics and (3) cloudification of the network and edge were mentioned. And in a series of infrastructure configurations ranging from devices to edge, core, data center and cloud, Intel has a 10nm-based ‘Snow Ridge’ for edge, ‘Xeon D’ for cores, and also Xeon processors and FPGA portfolio for data center and cloud. In particular, in the case of edge infrastructures, the model of classifying, processing the data generated by the device on the edge and moving it to the data center became popular. Also, there are many other ways of using such as implementing 5G or AI at the edge level. As for the six pillars of innovation, Lisa Spelman pointed out (1) Process, (2) Architecture, (3) Memory, (4) Interconnect, (5) Security, and (6) Software. In addition, the components for a new data-centric innovation include processing everything through the processors and FPGA, storing more with Optane technologies and others, and moving faster through Silicon Photonics, Omni-Path Fabric, and Ethernet. She highlighted that these values can be offered in an optimized form at the software and system-level through ‘Intel Select Solutions’. On top of that, she stated that in the data-centric era in the future, the four markets including data center, non-volatile memory, IoT & ADAS and FPGA have faced unprecedented opportunities in history, and the rapid change of the markets into new products are expected. ▲ Jennifer Huffstetler, Vice President of Data Center Group and General Manager of Datacenter Product Marketing and Storage at Intel Corp. ▲ The second-generation Xeon Scalable Processors showed some significant changes over the previous generation. Jennifer Huffstetler, Vice President of Data Center Group and General Manager of Datacenter Product Marketing and Storage at Intel Corp., introduced Intel's new product portfolio for the data-centric era. As the common challenges in cloud service providers, communication service providers, and enterprise environment, she explained the implementation of infrastructure that is more secure and can rapidly respond to various changes, handle data more easily, and manage large-scales more efficiently. And she pointed out that 90% of the existing data is generated in the last two years, but only about 2% of the data is actually utilized. As for the requirements for data-centric era, she mentioned propelling insights through workload accelerated performance, business resilience through hardware-enhanced security, and agile service delivery through cloud-scale orchestration. Moreover, she introduced new products for accelerating data-centric transformation; the second-generation Xeon Scalable Processors, new Xeon D-1600 Processor, new Agilex FPGA, Optane DC Persistent Memory, Optane DC SSD, QLC 3D NAND-based DC series SSD product, Intel 800 series Ethernet, and more expanded ‘Intel Select Solutions’. The second-generation Xeon Scalable Processors, codenamed "Cascade Lake," are available in platinum 9200, 8200, gold 6200, 5200, silver 4200 and bronze 3200. The features in this family include enhanced memory scalability through Optane DC Persistent Memory support as well as improved performance, DL Boost capability that can significantly improve AI inference performance, advanced system management and operational technologies, and enhanced hardware-based security Technology. In particular, the second-generation Xeon scalable Processors have a hardware-wise countermeasure for processor security problems found in the previous generation architectures. ▲ The flagship of this generation is Xeon Platinum 9200 series processors with up to 56 cores. ▲ The second-generation Xeon Scalable Processors showed significant performance improvements over previous generations. The new Xeon Platinum 9200 series processors have two dies in a single processor package, enabling high-density configurations of up to 56 cores per processor and 112 cores with maximum two processors. The processor is optimized for HPC, AI, analytics, and high-density infrastructure configurations, providing up to twice the compute density and up to 3TB of memory when configuring two processors. The product family will be composed of 9282 of 56 cores, 9242 of 48 cores, 9222 of 32 cores, and packaged together with motherboard. The second-generation Xeon Scalable Processors provide up to 8-socket glueless connectivity. With additional socket configurations, they could support socket configurations more than that and provide up to 4.4GHz turbo boost clock speed. In terms of memory, they support 16 Gb memory with support for DDR4-2933, which maximum memory capacity can be supported became doubled over previous generations and higher performance than the previous generations. With Optane DC persistent memory, the system memory can be expanded up to 36TB in an 8-socket configuration. On top of that, the processor can show up to 1.33 times the average performance of the previous generation and 3.5 times better performance than that of the system five years ago. What’s more, AI performance with DL Boost technology provides 14 times better performance than that of the early release period of previous generation. In the security area, the second-generation Xeon Scalable Processors have been improved with hardware-leveled countermeasures to kwon weaknesses such as Meltdown, Spectre, and so on. In addition, in terms of encryption acceleration, QuickAssist technology or AVX-512 is used to provide high processing performance, and Optane DC Persistent Memory also utilizes encryption in module units. In addition, a secure operating environment will be provided through a new threat detection technology, trusted execution technology (TXT), or cloud integrity technology. ▲ DL Boost provides more than twice as much AI inference performance as previous generations. ▲ Xeon D-1600 processor for intelligent edge infrastructure As a technology for high-efficiency and agile service delivery environments, Intel introduced DL Boost, which shows more than double the AI inference performance of the previous generation and 14 times the performance compared to the initial release of previous generation Xeon Scalable Processor. Vector Neural Network Instruction (VNNI) based on AVX-512 enables to process the inference operation which took three cycles so far in one cycle, so it performs theoretically up to 3 times. In addition, the second-generation Xeon Scalable Processors and platforms feature a workload-specific product family optimized for the type of workload and also showcase technologies that maximize them. Workload specialized processors with 'Speed Select' technology are identified by 'Y' in the model name, and you can select one of up to three processor configuration presets. This allows you to optimize the processor's operating speed and number of cores, depending on the situation. In addition, there are 'V' series specialized for VM density value and ‘S’ series specialized for search applications. The second-generation Xeon Scalable Processors specialized for NFV (Network Function Virtualization) environment is classified as an 'N' series. Intel Speed Select technology is applied for the series to provide more service capacity and to maximize the performance by assigning specific tasks to specific cores driven at high operating speed depending on workload characteristics. Besides, the 'T' series specialized for IoT and networking features low power, low heat generation and long term use environment. The Xeon D-1600 Processors for edge infrastructures has up to eight cores and a turbo boost operating speed of 3.2GHz and a 1.5x improvement in the base frequency improvement compared to the Xeon D-1500 Processor. It is a one-chip SoC solution with various components integrated, with maximum 30Gbps throughput of encryption, compression and decompression acceleration function, and four 10Gbps Ethernet interfaces. In addition, Intel's new Agilex FPGAs support cache-coherent connectivity with Intel Xeon Processor, enabling more processor-intensive accelerators than traditional PCIe-based FPGA connections. ▲ Memory and storage based on Optane technology tightly fill large gap between storage tiers ▲ Application Device Queues (ADQ) of the Intel Ethernet 800 series greatly improves the latency and throughput of the network. Known as the codename, "Columbiaville", in the network connection, the Intel Ethernet 800 series has a complete programmable pipeline that was implemented partially in the existing 700 series, with the new function, Application Device Queues (ADQ). ADQ is a way to prioritize packet workloads and hardware-wise control them, allowing for more sophisticated QoS compliance and reducing application network latency by 45% and more than 30% of throughput performance improvement. Furthermore, consistent and predictable application response rates can be achieved. In the memory and storage strategy, the plan to newly establish the balance between performance and cost by configuring the gap between DRAM and cold data with Optane DC Persistent Memory, Optane DC SSD, and a QLC 3D NAND-based SSD. As Optane DC Persistent Memory, which is officially supported from the second-generation Xeon Scalable Processors, can be utilized as DRAM expansion or high-speed storage of DRAM class according to the usage method, it is expected to suggest greater possibilities in large-scale VM operations and in-memory analysis. The storage tier provides high availability and resiliency for mission-critical applications and high performance through Optane SSD DC D4800X with dual port interface at hot storage where frequently used data is stored. Moreover, the SSD D5-P4326 based on QLC 3D NAND was mentioned in terms of a cost-effective warm storage level to accommodate increasingly rapid data generation. This SSD uses the E1.L form factor scalable up to 1TB in 1U, so a high density and high capacity storage can be obtained relatively cost-effectively. ▲ The portfolio of ‘Intel Select Solutions’ has also become more diverse. Meanwhile, Intel is offering software and system-level optimized environments to maximize capabilities of processors and platforms. As for the optimized software among them, they provide support across the development environment ranging from the libraries including Math Kernel Library (MKL) and Machine Learning Scalable (MLS) to optimized AI frameworks, parallel programming framework, compilers, profiling tools, and tool suites. In terms of system-level optimized platforms, S9200WK product family for Xeon Platinum 9200, and S2600WFxR, BxR and STxR server systems for the second-generation Xeon Scalable Platform were introduced. As for the support for a highly secure data center environment, security libraries for the data center were introduced. The new features that can be used with second-generation Xeon Scalable Processors include Threat Detection, which uses machine learning and CPU telemetry to detect advanced threats. What’s more, SGX card was introduced as a new option for cloud service providers to simply implement Software Guard Extensions (SGX) environments. It is a PCIe-type card mounted on a general-purpose server based on the second-generation Xeon Scalable Processors, and it can replace the existing SGX server 12 nodes thereby greatly increasing the service density in a secure cloud service. 'Intel Select Solutions' is already proven to reduce the time, effort and cost of deploying, optimizing and verifying the introduction and transition of a new IT environment, allowing you to reduce the time it takes to create value. The portfolio of ‘Intel Select solutions’ with multiple key ISV/OSV partners, system OEM partners and scale partners will include solutions such as SAP HANA, AI Inference, Visual Cloud Delivery Network and HPC AI Converged in the first half of 2019. The existing MS SQL Server Business Operations, MS SQL Enterprise Data Warehouse, VMware vSAN, MS Windows Server Software Definition, Red Hat and Ubuntu based NFVi will be refreshing soon.
50 Year Old Whisky Originated in Legendary Importer’s Collection
Reservations are now open for a 50 year old single cask whisky distilled at the Glenlivet distillery, from Edinburgh-based whisky broker and award-winning independent bottler Cask 88. Sourced from one of the casks chosen by Scotch whisky legend Abe Rosenberg, who is well-known for importing whisky to the United States in the post-Prohibition era, Cask 88’s 50 year Old Glenlivet (44.5% ABV; £6,800 RRP; #6201; distilled 10th October 1968) matured over five decades in a sherry hogshead cask and is part of a very limited run of 272 bottles. Housed in a handcrafted display case, which was inspired by the aesthetics of a whisky cask and created by Cumbrian luxury craftsmen Croglin, the engraved decanter of Italian glass is sealed with a bespoke tamper seal and neckband of silver engraved by Scottish silversmiths Hayward & Stott. The cask from which this 50 Year Old Glenlivet was sourced is known to have been part of the historic cask collection of New Yorker Abe Rosenberg, who was a dedicated importer of Scotch whisky to the United States following the era of Prohibition. He invested in a large number of young casks of single malt whiskies from many well known and highly regarded distilleries, even as his contemporaries preferred blends. By the time of his passing in 1994, he had developed a collection of around 4,000 single casks. “Abe is known as something of a legend in the industry, thanks to his dedication to spreading the love of single malt whisky internationally,” said Cask 88 Director Patrick Costello. “Sadly, Abe is not with us to sample this exceptional cask, we hope lovers of single malt whisky will offer a toast to his memory when they’re enjoying this fine liquid.” Joining a range of independent bottlings that includes the multi-awarding winning Scottish Folklore Series, this 50 Year Old Glenlivet from Cask 88 is available to reserve for worldwide delivery through the Cask 88 website from Wednesday 17 April, and in person from Cask 88 Sales Managers globally. Shipping of the bottle will commence in June 2019. Tasting Notes: Nose - The nose is rich, sweet and full bodied, with an intense infusion between the spirit and the cask being entirely obvious from the beginning. The dark mahogany hue confirms the successful marriage of Scotland’s finest Single Malt and the best Sherry Wood from Spain. Taste - An explosion of flavour, combining Iberian fruit and creamy caramel, mingled with vanilla foundations only found in “Crack” Single Malts that have had the luck of maturing for half a century. Finish - The finish is just as grand and this fine single malt doesn’t ‘cross the line’ abruptly. There’s an intense warmth that remains for some time. Cask 88's 50 Year Old Glenlivet can be reserved now at cask88.com for June delivery; only 272 bottles are available.
Hong Kong Disneyland Resort ( HKDL ) strengthens trade partnership with annual Celebration of Sales Excellence
Hong Kong Disneyland Resort (HKDL) hosted the annual Celebration of Sales Excellence (CSE) 2018 on April 12, 2019, to honor top-performing travel trade partners for bringing an ever-growing number of guests from around the world to enjoy the resort’s magical experiences. Rewarded with a staycation to experience first-hand the resort’s latest Marvel attraction just launched on March 31, Ant-Man and The Wasp: Nano Battle!, the resort’s travel trade partners were optimistic that the resort’s appeal as an ultimate Marvel hub in Asia and the year-round “Play. Shop. Dine. Stay” offers would attract more guests from around the Asia Pacific region to the resort. Hong Kong Disneyland Resort managing director Stephanie Young took the first opportunity to greet travel trade partners at the CSE 2018 Award Ceremony and Gala Dinner, after assuming office in February. She thanked the travel trade partners for their ongoing contribution to the resort’s remarkable results: “It’s always important to recognize and celebrate excellence. Your success is very much our success. On behalf of the entire Disney team, I’d like to sincerely thank you for your ongoing support and contribution.”
AMD President and CEO Dr. Lisa Su to Deliver COMPUTEX 2019 CEO Keynote on New High-Performance Computing Technologies
Taiwan External Trade Development Council (TAITRA) announced today that the 2019 COMPUTEX International Press Conference will be held with a Keynote by AMD President and CEO Dr. Lisa Su. The 2019 COMPUTEX International Press Conference & CEO Keynote is scheduled for Monday, May 27 at 10:00 AM in Room 201 of the Taipei International Convention Center (TICC) in Taipei, Taiwan with the keynote topic “The Next Generation of High-Performance Computing”. "COMPUTEX, as one of the global leading technology tradeshows, has continued to advance with the times for more than 30 years. This year, for the first time, a keynote speech will be held at the pre-show international press conference,” said Mr. Walter Yeh, President & CEO, TAITRA, “Dr. Lisa Su received a special invitation to share insights about the next generation of high-performance computing. We look forward to her participation attracting more companies to participate in COMPUTEX, bringing the latest industry insights, and jointly sharing the infinite possibilities of the technology ecosystem on this global stage." As the first CEO keynote speaker at the COMPUTEX Press Conference, Dr. Lisa Su said, “As one of the most important global events for our industry, I look forward to COMPUTEX each year. I am honored to deliver the opening keynote this year and provide new details about the next generation of high-performance AMD platforms and products. With our partners, we will tell the story of how leading-edge technologies and an open ecosystem are driving an inflection point in computing and industry innovation and positively impacting several important markets.” Under the leadership of Dr. Lisa Su, AMD continues to grow and excel in the field of high-performance computing, graphics, and visualization technologies. The latest AMD products released include the world’s first 7nm gaming GPU–AMD Radeon™ VII and first 7nm datacenter GPU, AMD Radeon Instinct MI60. Upcoming products include 7nm AMD EPYC™ datacenter processors, 3rd Gen AMD Ryzen™ desktop processors and graphics cards based on the next-generation “Navi” architecture – all of which are designed to create exceptional experiences for gamers and creators as well as help solve many of the toughest challenges in our lives. During the CEO Keynote, Dr. Lisa Su and other high-profile guests will highlight new details of upcoming products and showcase how the industry is building a new high-performance computing ecosystem that will push technology to the next level. COMPUTEX 2019 continues its position of Building Global Technology Ecosystems from May 28 – June 1, 2019 hosting 1,685 exhibitors across 5,508 exhibition booths, focusing on the latest tech trends such as AI & IoT, 5G, Blockchain, Innovations & Startups, and Gaming & XR. The 2019 show aims to inspire more innovative technologies and market opportunities to create a new ICT ecosystem. Registration for 2019 COMPUTEX International Press Conference & CEO Keynote opens on April 10. For more updated show info： COMPUTEX Website：http://www.computextaipei.com.tw/zh_TW/ COMPUTEX Facebook：https://www.facebook.com/COMPUTEX.TAITRA/
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Innovative transition to new age of computing
The "Meet the Giants": Transcend into New Age of Computing seminar, organised on the first day of the HKTDC International ICT Expo, saw speakers sharing how artificial intelligence and the Internet of Things can synergise to lay the groundwork for smarter cities and more efficient organisations.Industry experts discuss how to effect a digital transformationHONG KONG, Apr 18, 2019 - (ACN Newswire) - Leading technology experts came together on the first day of the HKTDC International ICT Expo on 13 April to discuss how advances in computing technologies have helped to make airports, businesses and governments smarter, more efficient and more cost-effective. The expo was organised by the Hong Kong Trade Development Council (HKTDC) and ran concurrently with the 16th HKTDC Hong Kong Electronics Fair (Spring Edition).Smart airport transforms passenger experienceHong Kong International Airport (HKIA) is taking biometrics and robotics to new levels in its digital transformation, aiming to provide passengers with a more efficient and enjoyable airport and travel experience, and to improve operational efficiency. Andy Bien, Chief Information Officer at Airport Authority Hong Kong (AA), explained the five key enabling technologies for realising the AA's Smart Airport Vision: big-data intelligence, advanced biometrics, mobile technology, robotics, and the "digital twin" reality modelling system.Advanced biometric applications are helping the AA provide a seamless travel experience by combining all passenger airport interactions - self-bag drop, e-security gate, immigration, transfer security gates and self-boarding gates - into a single token. "When the system is complete, the passenger will be able to walk into the restricted area in about 10 seconds," said Mr Bien.The AA is also developing long-range iris, palm-vein and finger-vein scanning, and deeper functions such as emotion recognition via smart CCTV for enhanced security, he said. The analysis of each detected face provides a confidence score for seven different kinds of emotions: anger, disgust, fear, sadness, happiness, surprise or neutral.Robotics is another area the AA is focusing on to supplement its huge labour force (currently 75,000 people and forecast to increase to 130,000 when the third runway opens). Mr Bien emphasised the fact that robotics integration was intended to supplement, not replace, airport workers.Driverless tractors will soon be deployed to tow luggage carts on roadways and through facilities at HKIA, he said. This is especially important in the airfreight area, with HKIA being ranked first in the world in terms of air cargo traffic for nine consecutive years. The robotic tractors will enhance road safety and replace mundane tasks by high-tech jobs, he explained.Indoor multi-function robots are also being tested in the airport, he said. They all have a common base platform, which handles the navigation, but the top section can provide many different functions, the most important of which is in-terminal patrols for environmental data collection and facilities monitoring. The robots can supplement the labour-intensive human patrols, monitoring things like lighting, temperature, humidity and Wi-Fi signals, Mr Bien explained.He added that video analytics is another artificial intelligence (AI) function the AA is using to enhance safety in the airport. Intelligent CCTV cameras can detect abnormal situations, such as facility damage, unusual crowds and suspicious items, to ensure a quick response.Accessible data essential fuel for smart governmentFranky Chung, Chief Financial Officer of Xiao-i Robot Technology, said the company is a big investor in research and development (R&D), especially in natural language processing. "We offer AI solutions to help improve work efficiency, enhance city management and sustain economic development," he said.Three characteristics are required in creating a smart city model, he said: vision, planning and facilities. "In creating a smart government, specific infrastructure, including cloud computing, a data resources platform and an Internet of Things (IoT) Internet perception platform, is essential to cater for different government departments," Mr Chung said.In Hong Kong, one problem is that many data are not shared across government departments, he explained. For example, in the central government hotline service connecting the public to 22 departments, he said officials often do not know how other departments handle complaints reported by residents, such as felled trees or broken traffic lights.By contrast, in Mainland Chinese cities such as Guiyang, where Xiao-i has helped implement smart city programmes, all government departments are connected and it is clear which department is responsible for what. WeChat is used instead of a hotline and chatbots are used instead of humans. In one city, a chatbot can handle 2,000 to 3,000 calls a day, and accuracy in handling enquiries was increased from 60% to 90%. This benefits the government by improving efficiency and boosting citizens' approval of the government. But committing to build a smart city requires determination, said Mr Chung.Mr Chung discussed other advantages of chatbots: lower cost, greater knowledge and the ability to be available 24/7 to answer city residents' questions about healthcare, housing, tourism and transportation, for example. Xiao-i's chatbots are used in 80% of the top banks in the mainland and in large retail, e-commerce and telecommunications companies throughout the country.What is the future of AI? "Data will be made more accessible at all levels. The advancements in big data algorithms will help governments and companies solve problems and improve the quality of life. AI will be everywhere and, in every industry," he concluded.Microsoft moves into AI, big data and cloud computingMicrosoft has been a household name for decades now, with almost every home, school and office in Hong Kong using one Microsoft product or another, pointed out Winnie Chu, Head of Business Group (Cloud and Enterprise) of Microsoft Hong Kong. Microsoft is also heavily investing in AI, cloud computing and "intelligent edge" - the analysis of data and development of solutions at the site where the data is generated. The company's current mission is to empower every person and organisation on the planet to achieve more. "It's not about what tech can do, but what we can do with tech," said Ms Chu.She emphasised that the digital revolution would result in job transformation, not displacement. In the next three years, she said, it was estimated that 21% of jobs would be unchanged, 37% of jobs would require retraining and new skills, 19% would be outsourced and 23% would be new roles due to digital transformation investment.Microsoft AI is based on three principles, said Ms Chu: enabling people, inclusive design, and building trust into all its technology. She introduced examples of Microsoft's successful involvement in AI in Hong Kong, including global shipping and logistics at OOCL, public healthcare at the University of Hong Kong, property and real estate at Ricacorp, and fintech at Money SQ, an online lending platform in Hong Kong. Ms Chu explained how edge computing is enabling IoT, using the intelligent cloud. Sending data from sensors such as cameras, lights, mobile devices, computers and drones to the cloud for analysis is slow and expensive, she pointed out. But now, the brain can be distributed into the devices themselves, so that analysis and decisions can be made immediately, eliminating transport and storage costs. Rolls Royce does this with its airplane engines using Microsoft technology with IoT and AI. Sensors can detect a problem while the plane is in the air, allowing maintenance to be scheduled before the plane lands instead of waiting for the regular maintenance schedule, so the engine is working perfectly before the plane takes off again. "This is only available through IoT," said Ms Chu.Ms Chu concluded by encouraging all members of the audience to accelerate their IoT journey. "Start small in your company, she suggested. "We can be the ones to make a difference in our companies to empower billions."Photos download: https://bit.ly/2UWiPZyAbout HKTDCEstablished in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With 50 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With more than 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing business insights and information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter@hktdc, LinkedIn.Contact:Natalie Wong, Tel: +852 2584 4472, Email: firstname.lastname@example.org Sunny Ng, Tel: +852 2584 4357, Email: email@example.com Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
Summer Like Never Before in Dubai With Emaar Hospitality Group's Exceptional Stay Packages
DUBAI, UAE, April 18, 2019 /PRNewswire/ -- Emaar Hospitality Group, the hospitality and leisure business of Emaar Properties PJSC, the developer of Burj Khalifa, The Dubai Mall and other tourist attractions, is offering exceptional summer stay packages in Dubai. Address Dubai Mall by Emaar Hospitality Group Guests are assured of outstanding value for stays of up to three free nights at the premium luxury Address Hotels + Resorts, and the upscale lifestyle Vida Hotels and Resorts. Exclusive summer rates are also available at Rove Hotels, the midscale contemporary hotel brand developed as a joint venture between Emaar Properties and Meraas. Guests who join the Emaar loyalty programme U By Emaar for free, can enjoy unbeatable offers such as pay for two nights and stay for three; pay for four nights and stay for six; and pay for six nights and stay for nine. They can choose from the award-winning Address Downtown and the city lifestyle resort, Address Boulevard or Address Dubai Mall linked directly to The Dubai Mall. For those who cherish waterfront living, Address Dubai Marina is ideal while golfing enthusiasts can head to Address Montgomerie. For a luxurious Arabesque resort, Palace Downtown is the perfect choice. Vida Downtown, a design-led lifestyle boutique hotel offers guests style and convenience while Manzil Downtown features authentic designs, complemented by authentic Arabian hospitality. Both hotels are located in Downtown Dubai, home to Burj Khalifa, The Dubai Mall, Dubai Opera and The Dubai Fountain. At Rove Hotels, guests can take advantage of rates starting from just AED 99 plus taxes a night across all hotels located in central locations across the city. Visitors can now also enjoy summer stay offer at the soon-to-open Address Fountain Views and Address Sky Views, which features the marvellous Sky Bridge. They can also book to stay at Vida The Hills and Vida Harbour Point, both to open shortly. Chris Newman, Chief Operating Officer, Emaar Hospitality Group, said: "Our summer packages are designed for families and friends to indulge in the best of hospitality choices offered in central locations across the city. With the launch of these summer packages, we aim to meet the lifestyle aspirations of our international visitors as well as UAE residents." The summer offers are available for stays between May 4 and September 28, 2019. Book on addresshotels.com, vidahotels.com or rovehotels.com. For details: Kelly Home ASDA'A BCW +firstname.lastname@example.org Address Dubai Marina by Emaar Hospitality Group Photo - https://mma.prnewswire.com/media/873919/Address_Dubai_Mall_Emaar.jpg Photo - https://mma.prnewswire.com/media/873920/Address_Dubai_Marina_Emaar.jpg
2019 Blancpain-Imaginist Literary Prize is open for entries
BEIJING, April 18, 2019 /PRNewswire/ -- The 2nd Blancpain-Imaginist Literary Prize is open for entries from April 10 to May 15, 2019. Entries can be submitted by a publisher or publishing organization of any kind as well as directly by the author. The grand winner will be announced at the award ceremony to be held in late September. The 2nd Blancpain-Imaginist Literary Prize is open for entries The Blancpain-Imaginist Literary Prize was formally launched in 2018 by Blancpain, the fine watchmaking brand from Switzerland, and The Imaginist, one of the most influential publishing brands in China. The first literary prize accompanied by 300,000 yuan (approx. US$43,675) was won by Wang Zhanhei, a young novelist of the post-90s generation. The Blancpain-Imaginist Literary Prize, the first of its kind, aims to discover and encourage excellent Chinese authors under the age of 45. The Prize is committed to being impartial, authoritative and professional since its establishment. The Blancpain-Imaginist Literary Prize, an important and formalized honor that recognizes contemporary young authors, in an effort to establish a reward system independent of the commercial market Yan Lianke, one of the judges, said during the selection process of the 1st Blancpain-Imaginist Literary Prize: "A serious, formal, and continuing awards program for young authors in China simply did not exist, hence the need for its creation. I think this award will certainly serve to fill this gap in terms of rewarding literary creation in China and will continue to do so." Judge Tang Nuo said when talking about his expectations surrounding the award: "Great literature increasingly needs a reward system that is independent of the commercial market, as the content of such literature may run counter to and even be antithetical to market forces. At this point, we need another way. Literary prizes can play such a role, saving some books from the increasingly powerful and decisive force of the market." Breaking the status quo while creating other opportunities and possibilities for young writers is the original intention of the Blancpain-Imaginist Literary Prize. Literature is a ritual of life introspection and the advent of the literary prize for young authors is a vehicle by which dedicated and persistent writers can be recognized. Blancpain and The Imaginist jointly set up the rules selecting who would be included in the initial longlist and in the follow-up shortlist in accordance with international practices, as well as the diversity in the composition of the jury and the announcement of the first prize winner at the awards ceremony, in a move to ensure the impartiality and professionalism of the selection, while making the prize something of importance and something to be treated with respect. Both Blancpain and The Imaginist said that the ultimate meaning of the prize is "connection", in the sense of connecting the author's long and lonely road of creativity with the possibility of a successful future, connecting creators of different generations, connecting writers and readers while, at the same time, connecting China and the world. The connection begins with Blancpain's and The Imaginist's shared values: persistence, quality and transparency. Blancpain, the 284-year old creator of mechanical timepieces, is loyal to its tradition of innovation, becoming the most vibrant maker of prestigious top-quality timepieces and tenaciously abiding to the principle of "never a second-class product". Blancpain has been an advocate of cultural projects for many years, with the aim of creating opportunities and platforms for talented, thoughtful and persistent young individuals from different walks of life. The Imaginist, one of the most influential and forward-looking cultural brands in China, has always been committed to an ideal society and has kept an open mind when it comes to the world's diversity and complexity, enabling the existence of more possibilities. The Imaginist is not only a publisher dedicated to nourishing the minds of generations of readers, but also a dynamic community. A jury roster that brings new judges on board each year has become the tradition as well as a highlight of the Blancpain-Imaginist Literary Prize The jury is the most important element that differentiates this prize from others like it. The composition of the jury reveals the dedication and determination of the Blancpain-Imaginist Literary Prize committee to deliver something truly meaningful to the authors that have taken the trouble to make a submission. Inclusion of professional authors, critics, scholars, creators of other art genres and literary editors in the jury shows the diversity. In addition, a jury roster that brings new judges on board each year has enabled genuine thought leadership, while complying with the basic principles of impartiality, authoritativeness and professionalism. In addition, the Prize creates a social platform where well-established authors can communicate with and encourage the emerging authors. The jury of the second Blancpain-Imaginist Literary Prize includes Dai Jinhua, Huang Ziping, Jia Zhangke, Lu Nei and Zhang Dachun. In addition to completing the selection process, the judges will share their opinions on literature, creation, art and other topics. Dai Jinhua is a Peking University Professor of Humanities, doctoral advisor and director of the Center for Film and Cultural Studies at Peking University. Huang Ziping is a former editor of Peking University Press, lecturer in the Department of Chinese Language and Literature, Peking University and a Honorary Professor in the Department of Chinese Language and Literature, Hong Kong Baptist University. His representative works include The Imp of a Contemplative Old Tree and The Narration in "Huilan". Huang Ziping, Chen Pingyuan, and Qian Liqun first proposed the concept of "Chinese literature of the twentieth century" in 1985. Jia Zhangke is a famous Chinese film director, producer and writer. His representative works include the films Ash is Purest White, Still Life and Xiao Wu and the book series Jiaxiang I and II and Jia Zhangke's Notes on Films. Lu Nei is a renowned novelist. His representative works include Young Babylon, Mercy and The Flower Street Happenings. He has won awards and honors including the Chinese Literature Media Award-Best Novel of the Year, the Chinese Figure of the Year from Southern People Weekly and the Writer of the Year from GQ Chinese version. Zhang Dachun is an acclaimed writer and calligrapher. He has won many Chinese literature awards. His representative works include non-fiction As One Family, Knowing Your Chinese Characters, Wen Zhang Zi Zai, Interpretation of the Origins of Chinese Characters, as well as his fictional Li Bai in the Tang Dynasty and "Season" series. Now accepting entries, with the grand winner to be announced in September Qualified applicants for the Blancpain-Imaginist Literary Prize are authors under the age of 45 and who have published works in Simplified Chinese. The Prize consists of 300,000 yuan to be provided to the grand winner with the purpose of giving the recipient the time and space to focus on his or her writing. Entries are restricted to novels of all themes, including pure literature, crime novels, detective stories and science fiction. Entries can be submitted by an author, a publisher or any kind of publishing organization. Publishers/publishing organizations can submit up to two works, one for each of two authors that they represent, while the author can submit one of his or her own works. Entries must be works published between May 1, 2018 and April 30, 2019. The deadline for submission is May 15. On August 1, the review committee will release a shortlist of entries, consisting of two to three nominations from each member of the committee. Then, on September 1, the committee will vote for a final list of 5 candidates. The final winner will be announced at the award ceremony to be held in late September. For more updates, please visit the official website http://www.ilixiangguo.com/literary.html or follow the Chinese-language hashtag for the Blancpain-Imaginist Literary Prize on Sina Weibo. View original content to download multimedia:http://www.prnewswire.com/news-releases/2019-blancpain-imaginist-literary-prize-is-open-for-entries-300834475.htmlRelated Links :http://www.ilixiangguo.com
Dusit Princess Residences Dubai Marina set to open at the end of April
Dusit Princess Residences Dubai MarinaFranchise Agreement with Al Masar Hotel Management LLC to upgrade the former Dusit Residence Dubai MarinaDUBAI, Apr 18, 2019 - (ACN Newswire) - Dusit International, one of Thailand's foremost hotel and property development companies, has signed a Franchise Agreement with Al Masar Hotel Management LLC, to upgrade the former Dusit Residence Dubai Marina to the Dusit Princess Residences Dubai Marina.Located at the Marina, a popular tourist destination and preferred residential area just off the Dubai Technology and Media Free Zone, which includes Dubai Internet City, Dubai Media City and Dubai Knowledge Village, the 146-key property is currently being refurbished and will comprise Serviced Apartments, Holiday Homes and Residential units in a choice of one, two or three-bedroom configurations.Designed to facilitate business and leisure, the upgraded property will feature meeting facilities, a fully equipped gym, a spa, a wellness-focused restaurant serving healthy and organic foods, and a bakery. Damac Metro and Tram Stations, the Marina Mall and The Beach Mall are all within walking distance. Attractions such as Mall of Emirates, Ski Dubai, Ibn Battuta Mall, Emirates Golf Club, Palm Jumeirah, Jumeirah Beach Park and Wild Wadi Water Park can all be reached in 10 - 15 minutes by car. The Dubai World 2020 Expo site is also only a short drive away."We are delighted to sign this franchise agreement with Al Masar Hotel Management LLC for Dusit Princess Residences Dubai Marina," said Mr Lim Boon Kwee, Chief Operating Officer, Dusit International. "The comfort and convenience of the Dusit Princess brand, and the property's prime location, make it an attractive proposition for anyone looking for a short- or long-term base in the city, especially with the Dubai Expo 2020 coming up."H.E. Abdulla Alnuaimi, Chairman, Al Masar Hotel Management LLC, said, "By signing this franchise agreement we can further position the property to delight residents and guests with Dusit's unique brand of Thai-inspired gracious hospitality. And we look forward to establishing Dusit Princess Residences Dubai as the premier place to live, stay, visit and conduct business."Known globally for its distinctive brand of gracious hospitality inspired by authentic Thai values, Bangkok-based Dusit International opened its first hotel in the Middle East more than 15 years ago, in Dubai. Today, the company operates five hotels across the region, including three in the GCC - namely Dusit Thani Dubai, Dusit Thani Abu Dhabi, and dusitD2 Kenz Dubai. According to its plans, Dusit will have nine hotels in operation in the GCC by the end of the year.Dusit Princess Residences Dubai will be the third Dusit-branded property in Dubai, following Dusit Thani Dubai and dusitD2 Kenz. A fourth Dusit-branded property, Dusit Princess Rijas, is slated to open in 2020. About Dusit InternationalDusit International was founded in 1948 by Honorary Chairperson Thanpuying Chanut Piyaoui, whose first hotel was the Princess on Bangkok's Charoenkrung Road. Today the company is a leader in hotel management and hospitality education and comprises a unique international portfolio of distinctive hotels and resorts operating under four brands: Dusit Thani, dusitD2, Dusit Princess and Dusit Devarana.Alongside growing its operations globally, with more than 50 properties in the pipeline across key destinations, Dusit International is also expanding its business to provide new experiences for customers across the lodging spectrum.The company recently entered the vacation rental market with the full acquisition of Elite Havens, the leading provider of high-end vacation rentals in Asia, and it also announced plans to enter the lifestyle market with the launch of ASAI Hotels, a distinctive new brand designed to link curious, millennial-minded travellers with authentic local experiences in vibrant cities and resort destinations worldwide. The company also operates the signature Devarana Spa and has a fast-growing Education Division. The latter, established in 1993, comprises Dusit Thani College, which offers vocational and postgraduate hospitality degrees at campuses in Bangkok and Pattaya; and Le Cordon Bleu Dusit Culinary School.In 2019, Dusit International will redevelop its flagship Dusit Thani Bangkok hotel as part of a landmark mixed-use project comprising residences, an office building, retail areas, and a new Dusit Thani Bangkok hotel. The new hotel is expected to open in 2023.For more information, please visit www.dusit.com.Media Contact:Sureerat Sudpairak | Assistant Director - Corporate Communications | Dusit InternationalTel: +66 2200 9999 ext. 3321 | Fax: +66 2636 3549 | Email: email@example.com Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
Sungrow debuts a New Energy Storage System at ESA's Energy Storage Conference in Phoenix
PHOENIX, April 18, 2019 /PRNewswire/ -- At ESA's Annual Energy Storage Conference & Expo April 16-18, Sungrow, the global leading inverter solution supplier for renewables, premiered its fully Integrated ESS (Energy Storage System) Solution and DC Coupled PV & Storage System Solutions. As the Energy Storage (ESS) market continues to grow in the United States, Sungrow leads the industry as it pushes towards a new wave of industry innovations, again demonstrating the strength of the Company's brand and vanguard R&D platform. Sungrow Booth at ESA Sungrow reveals its latest all-in-one ESS solution ST556KWH-250 As one of the first on the US market to offer high-power capabilities, ST556KWH-250 features 4 units of 60kW modules, which enables flexible design to customize system capacity and module quantity, and can be widely used in multiple applications, including peak shaving, demand response and micro-grid. The main innovation behind the new ESS solution is its integration with Samsung's latest E3 Battery to obtain a smaller size and higher energy densities, along with minimized on-site labor and wiring. Thanks to its local controller, HAVC and FSS design, ST556KWH-250 ensures flexible operations and easy maintenance. Groundbreaking DC-Coupled Energy Storage System showcased To further strengthen its ESS range, Sungrow introduced its all-new DC-Coupled ESS solution. Compared to an AC-Coupled system, the new DC-Coupled system has a lower connected power distribution, and is easy to transport and install. With its compact mechanical design, this system not only reduces initial investment by 20%, but also harnesses solar energy effectively, making it the perfect match of the PV plus energy storage power plants. "We are excited to be showcasing our latest products and technologies at this show," said Jack Gu, President of Sungrow PV & Energy Storage Division. "Until now, we have more than 200 MW storage systems deployed in the US, especially in the commercial space with a market share over 15%. As a pioneering PV technology leader and inverter solution provider, Sungrow will continue to develop and present new cutting-edge PV and ESS solutions and catalyze the development of the global PV industry," he added. About Sungrow Sungrow Power Supply Co., Ltd ("Sungrow") is a global leading inverter solution supplier for renewables with over 79 GW installed worldwide as of December 2018. Founded in 1997 by University Professor Cao Renxian, Sungrow is a leader in the research and development of solar inverters, with the largest dedicated R&D team in the industry and a broad product portfolio offering PV inverter solutions and energy storage systems for utility-scale, commercial, and residential applications, as well as internationally recognized floating PV plant solutions. With a strong 22-year track record in the PV space, Sungrow products power installations in over 60 countries, maintaining a worldwide market share of over 15%. Learn more about Sungrow by visiting www.sungrowpower.com View original content to download multimedia:http://www.prnewswire.com/news-releases/sungrow-debuts-a-new-energy-storage-system-at-esas-energy-storage-conference-in-phoenix-300834425.htmlRelated Links :http://www.sungrowpower.com