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ATRenew Inc. Announces Appointment of New Director
SHANGHAI, April 26, 2024 /PRNewswire/ -- ATRenew Inc. ("ATRenew" or the "Company") (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced that Mr. Mervin Ye Zhou has been appointed as a new member of the Company's board of directors (the "Board"), the compensation committee of the Board, and the nominating and corporate governance committee of the Board, effective immediately, to fill the vacancies arising from the resignation of Mr. Lijun Xin. Upon the appointment of Mr. Mervin Ye Zhou, the Board consists of eight members: Mr. Kerry Xuefeng Chen, Mr. Yongliang Wang, Mr. Chen Chen, Mr. Mervin Ye Zhou, Ms. Shuangxi Wu, Mr. Jingbo Wang, Mr. Guoxing Jiang and Ms. Rui Zhu. Mr. Mervin Ye Zhou is a vice president of JD.com (NASDAQ: JD and HKEX: 9618 (HKD counter) and 89618 (RMB counter)) and head of Strategic Investment, responsible for overseeing various investment activities, mergers and acquisitions, and portfolio management for JD.com and its subsidiaries. Prior to joining JD.com in January 2022, Mr. Zhou was a partner and spent over 10 years at SoftBank China Venture Capital (SBCVC). Prior to that, Mr. Zhou worked at McKinsey & Company, a global management consulting firm, from March 2009 to June 2011, where his last position was Engagement Manager. Mr. Zhou received his bachelor's degree in electronic engineering from Tsinghua University, and his Ph.D. in electrical engineering and computer sciences from UC Berkeley. Mr. Kerry Xuefeng Chen, the Company's Founder, Chairman, and Chief Executive Officer, said, "On behalf of the Board and the management of ATRenew, I would like to express our gratitude to Mr. Lijun Xin, for his outstanding contributions during his tenure. We are delighted to welcome Mr. Mervin Ye Zhou to the Board. His appointment marks a significant step in our journey, reflecting our commitment to excellence and strategic growth. Mervin brings a wealth of experience in business and finance, which will be invaluable as we continue to innovate and expand. We look forward to Mervin's insights and are excited about the future we will build together." About ATRenew Inc. Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew's open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China's pre-owned consumer electronics industry. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business. Safe Harbor Statement This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Among other things, quotations in this announcement, contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew's beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: ATRenew's strategies; ATRenew's future business development, financial condition and results of operations; ATRenew's ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew's filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Investor Relations Contact In China:ATRenew Inc.Investor RelationsEmail: ir@atrenew.com In the United States:ICR LLC.Email: atrenew@icrinc.com Tel: +1-212-537-0461
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Greater efforts urged on sci-tech cooperation
BEIJING, April 26, 2024 /PRNewswire/ -- A news report from China Daily: Visitors interact with a humanoid robot at the opening of the 2024 Zhongguancun Forum in Beijing on Thursday. [Photo by WANG ZHUANGFEI CHINA DAILY] Greater efforts are needed to strengthen international cooperation in science and technology, explore ways of jointly solving important global issues through technological innovation, and develop new quality productive forces, said officials, experts and company executives on Thursday in Beijing. Addressing the opening ceremony of the 2024 Zhongguancun Forum, Vice-Premier Ding Xuexiang said China is willing to work with the international community to practice the concept of open, fair, just and nondiscriminatory international sci-tech cooperation, and to jointly build a global sci-tech community. The country will explore a new model regarding mutually beneficial global cooperation in sci-tech innovation, and will break down barriers restricting the flow of knowledge, technology, talent and other innovative factors, to jointly create an open innovation ecosystem. Yin Li, secretary of the Communist Party of China Beijing Municipal Committee, said the capital will ramp up efforts to improve its innovation capacities, accelerate the building of world-leading science and technology parks, increase investment in basic research and make breakthroughs in core technologies in key fields. Data from the Ministry of Science and Technology showed that China's research and development investment exceeded 3.3 trillion yuan ($455.4 billion) in 2023, up 8.1 percent year-on-year, and the spending on fundamental research reached 221.2 billion yuan, an increase of 9.3 percent over the previous year. China's strength in scientific and technological innovation has taken a major leap in recent years. Marco Aleman, assistant director-general of the World Intellectual Property Organization, said China is a powerhouse of innovation that contributes to global growth and sustainable development. According to WIPO, the country stands as a global innovation leader, ranking 12th in the Global Innovation Index 2023, and it owned 24 of the top 100 science and technology clusters globally by the end of last year, ranking first in the world for the first time. Quarraisha Abdool Karim, president of the World Academy of Sciences, said ensuring a sustainable future through partnership and cooperation creates an opportunity for all participants to explore new pathways toward achieving the United Nations' Sustainable Development Goals. Lei Jun, founder and CEO of Chinese tech company Xiaomi Corp, said the company will continue to step up investment in R&D and strive for breakthroughs in core technologies.
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UnionPay Now Accepted on JD.com: Cross-Border Shopping Made Easier for Global Customers
SHANGHAI, April 26, 2024 /PRNewswire/ -- UnionPay International (UPI) has teamed up with JD PAY, JD.com's digital payment service to elevate the cross-border shopping experience, enabling customers around the world to use their local UnionPay cards on JD.com. This partnership is a major step forward in meeting the rising appetite for streamlined international online payment options and responds directly to the consumer trend toward effortless cross-border e-commerce transactions. Through this partnership, consumers around the world can now enjoy a more streamlined payment process when shopping on JD.com. Thongchai from Thailand , recently shared his online shopping experience: "You can directly use a Thai locally published UnionPay card, and simply enter the card info to complete the payment. The whole payment process is very smooth." This partnership significantly streamlines the international payment process, greatly improving the shopping experience for consumers outside of China, allowing them easy access to high-quality products offered on JD's Global Sales platform. JD.com's adoption of Union Pay cards marks a significant advancement for China's e-commerce industry, enhancing the ease of cross-border transactions for its customers. Moreover, this collaboration empowers small and medium-sized businesses and exporters on JD.com to seamlessly receive overseas payments, eliminating the complexities associated with multiple currencies, collection policies, and other international payment challenges. As a result, shoppers across the globe can effortlessly use their preferred payment methods to access and purchase from an extensive array of products on JD.com. Looking ahead, UPI and JD.com are dedicated to enhancing their partnership further, aiming to facilitate the growth of cross-border payments and e-commerce. Their goal is to provide a shopping experience that is not only safer and more efficient but also universally accessible and convenient for customers everywhere. About UnionPay International With over 230 million UnionPay cards issued across 81 countries and regions outside of mainland China, UnionPay International is committed to enriching the online payment experience for its cardholders. In response to the growing trend of consumers preferring online transactions, UnionPay has expanded its network, now allowing over 22 million online merchants across 200 countries and regions to accept UnionPay cards. For more information, please visit: https://www.unionpayintl.com/
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Xiao-I Corporation to Announce Full Year 2023 Results
SHANGHAI, April 26, 2024 /PRNewswire/ -- Xiao-I Corporation (Nasdaq: AIXI) ("Xiao-I" or "the Company"), a leading artificial intelligence company, announced today that that the Company's full year 2023 financial results will be released before the U.S. market opens on Tuesday April 30, 2024. The Company will host a conference call to discuss its results at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) the same day. The live and archived webcast of the conference call can be accessed at the Xiao-I website Investors Section at Cognitive Intelligence AI Solution Provider | Xiao-i (xiaoi.com) What: Xiao-I Corporation Full Year 2023 (ended December 31, 2023) Earnings Conference CallWhen: 8:00 a.m. U.S. Eastern Time on Tuesday, April 30, 2024Webcast: Xiao-I Corporation - Events (xiaoi.com) To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call. This pre-registration process is designed by the operator to reduce delays due to operator congestion when accessing the live call. Online Registration: https://register.vevent.com/register/BI4f0f95dc96b94137a202d2d353d393fb Participants who have not pre-registered may join the webcast by accessing the link at Xiao-I Corporation - Events (xiaoi.com) A live and archived webcast of the conference call will be available on the Investors section of Xiao-I's website at Cognitive Intelligence AI Solution Provider | Xiao-i (xiaoi.com) About Xiao-I Corporation Xiao-I Corporation is a leading artificial intelligence company that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly adaptable and have been successfully implemented across numerous business scenarios. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation.
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New Attenuators Cover mm-Wave Frequency Bands from 26.5 to 110 GHz
IRVINE, Calif., April 26, 2024 /PRNewswire/ -- Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter-wave products, has expanded its line of wideband, log periodic antennas. PEWGA3212 Pasternack's new waveguide packaged, voltage variable attenuators utilize GaAs MMIC semiconductor technology and offer 0 dB to 30 dB attenuation tuning adjustment with a voltage range of 0 Vdc to 5 Vdc. Designers will find these broadband, voltage variable attenuators useful in receive chains to tune mm-wave signal levels to optimize system-level performance. The attenuators are available in rugged, compact, military-grade, gold-plated aluminum package designs that operate across −10 to +60 degrees Celsius. They support a variety of waveguide sizes and can withstand exposure up to 95% relative humidity and altitudes of up to 10,000-feet. This portfolio of broadband, waveguide, voltage variable attenuators features a fast switching speed of 25 nsec typical, insertion loss ranges from 4 to 6 dB, and high-input power handling up to +23 dBm. "Our new line of high-reliability, waveguide packaged, voltage variable attenuators are ideal for downlink or receive channels where adjusting/tuning signal levels to optimize system-level performance is necessary. These continuously variable waveguide attenuators are in-stock and available to ship the same day ordered," said Tim Galla, Product Manager. Pasternack's new waveguide packaged, voltage variable attenuators are in-stock and ready for immediate shipment with no minimum order quantity. For inquiries, contact Pasternack at +1-949-261-1920. About Pasternack:A leader in RF products since 1972, Pasternack is an ISO 9001:2015 certified manufacturer and supplier offering the industry's largest selection of active and passive RF, microwave, and millimeter wave products available for same-day shipping. Pasternack is an Infinite Electronics brand. About Infinite Electronics:Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite's brands include Pasternack, Fairview Microwave, L-com, MilesTek, ShowMeCables, NavePoint, INC Installs, Integra Optics, PolyPhaser, Transtector, KP Performance Antennas, RadioWaves & Aiconics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment. Press Contact:Peter McNeil Pasternack 17792 Fitch Irvine, Calif. 92614 (978) 682-6936
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Hyosung TNC presents a new paradigm through sustainable bio BDO production.
SEOUL, South Korea, April 26, 2024 /PRNewswire/ -- Hyosung TNC is taking significant strides towards a sustainable future by focusing on the production of sustainable bio-based BDO. Butanediol (BDO) plays a crucial role as a chemical material not only in the production of spandex fibers like PTMG but also in various other industries such as engineering plastics, biodegradable packaging, footwear soles, and industrial compounds. jwplayer.key="3Fznr2BGJZtpwZmA+81lm048ks6+0NjLXyDdsO2YkfE=" jwplayer('myplayer1').setup({file: 'https://mma.prnasia.com/media2/2393578/regen_BIO_BDO.mp4', image: 'https://mma.prnasia.com/media2/2393578/regen_BIO_BDO.mp4?p=medium', autostart:'false', stretching : 'uniform', width: '512', height: '288'}); Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9264451-hyosung-tnc-presents-a-new-paradigm-through-sustainable-bio-bdo-production/ However, traditional BDO production methods have presented notable environmental challenges due to their dependence on fossil fuels as the primary raw material like coal. In response, Hyosung partnered with Geno, a San Diego-based biotech leader specializing in sustainable materials, in 2023. Through Geno's proven plant-based GENO™ BDO technology, which ferments sugars from sugarcane to replace fossil fuels like coal, Hyosung aims to advance its range of regen™ Bio Spandex products. Expanding upon its sustainable brand, regen™, which already offers polyester and nylon fibers made from recycled PET bottles and discarded fishing nets, Hyosung TNC now seeks to lead the growing premium spandex market with bio-based spandex products. By embarking on this bio-based BDO production venture, Hyosung TNC is not only contributing to environmental protection but also paving the way for sustainable industrial development. They reaffirm their commitment to being a more responsible corporate citizen by presenting this innovative approach, which captures the essence of environmental protection and sustainable industrial growth.
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SUNRATE named one of the top 100 cross-border payment companies for 2024 by FXC Intelligence
SINGAPORE, April 26, 2024 /PRNewswire/ -- SUNRATE, an intelligent global payment and treasury management platform has been named one of the Top 100 Cross-Border Payment Companies for 2024 by FXC Intelligence, which recognises and celebrates the most important players in the cross-border payments industry. SUNRATE has been recognised for its capabilities in providing global payment products and services for businesses worldwide, including international payments, global collection, commercial card issuance and treasury management. Businesses can make payments to more than 190 countries and regions, transact in 130+ currencies and settle card spends in more than 15 currencies. They also enjoy global collection services available in over 30 currencies and collect funds in over 10 major global currencies, as if they were local payments. As part of SUNRATE's global vision to drive B2B digitalisation, it also offers effective treasury management tools such as TreasuryOS and RiskOS, to enable businesses to manage and oversee their financial assets, liabilities, and liquidity. Daniel Webber, CEO and Founder of FXC Intelligence said, "SUNRATE's debut in the Cross-Border Payments 100 underscores its growing importance both in its home market and in the wider region and beyond. The company's strong growth and innovation focus were key to FXC Intelligence's decision to include them on the Top 100 this year." Paul Meng, Co-Founder and CEO at SUNRATE said, "We're excited to be recognised by FXC Intelligence as one of the top 100 cross-border payment companies. At SUNRATE, we're on a mission to be the leading global cross-border B2B payment platform in emerging markets, and this recognition is testament to our team's hard work in pursuit of this mission." About SUNRATE SUNRATE is an intelligent global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE is recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs. With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays and J.P. Morgan. To learn more about SUNRATE, visit https://www.sunrate.com/ About FXC Intelligence FXC Intelligence is the industry leader in cross-border payments data and intelligence. The world's biggest banks, payments and big tech companies use our critical data to make vital decisions that shape their day-to-day operations, product development and strategy. Our data is also used by a number of international bodies, including the World Bank and the Financial Stability Board, to provide the most important indices in the sector. We track pricing, market size and product changes as they happen and update our dataset at high frequency, giving our clients the competitive edge they need to stay on top in a rapidly changing market. Our platform, which is built on top of our data, offers solutions such as a price engine and sales enablement tool to drive our clients' growth and profit.
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LINKDOOD Rolls Out Groundbreaking Real-Time Native Language Communication Feature, Revolutionizing Global Instant Messaging
--- Cutting-edge technology eradicates language barriers; Thailand, UK, Spain, and Malaysia to first reap the benefits of limitless communication. HONG KONG and SINGAPORE, April 26, 2024 /PRNewswire/ -- Amidst the swift strides of globalization, LINKDOOD Technology Co., Ltd. today unveiled an innovative cross-lingual, real-time communication feature across Thailand, the UK, Spain, and Malaysia. This pioneering technology, driven by sophisticated artificial intelligence, facilitates instant translation across over 100 languages, offering a seamless, barrier-free communication solution globally and eradicating linguistic obstacles. "We are incredibly proud to launch this revolutionary feature, marking a significant milestone for LINKDOOD in the global communications realm," stated Jackie Lin, Co-founder of LINKDOOD. "This tool not only removes language barriers but also ushers in unprecedented freedom in communication through real-time native language interactions. It is poised to significantly bolster global business operations and enhance cultural understanding and exchanges." Traditional instant messaging applications and standard translation tools often fall short in efficiency, particularly in multilingual settings, necessitating frequent app switching and cumbersome copy-pasting. LINKDOOD's synchronous communication and translation capabilities elegantly address these issues, showcasing exceptional performance in cross-cultural romance, international business, and language learning, thereby markedly elevating convenience and fluidity of interactions. Comparative Advantages Over Other Tools Against conventional instant messaging apps like WhatsApp or WeChat, LINKDOOD offers substantial benefits in multilingual real-time communication, eliminating the need to toggle between applications to translate, thus significantly boosting usability. Moreover, unlike standalone translation apps such as Google Translator, LINKDOOD integrates a real-time native communication solution directly within its messaging framework, ideally suiting scenarios that demand instant responses. Core Capabilities of LINKDOOD Real-Time Translation with Communication: Supports a wide array of languages including but not limited to English, Chinese, Spanish, and Thai, facilitating real-time textual and vocal translations among users, ensuring a completely barrier-free exchange across diverse languages. This integration enhances the natural flow and efficiency of conversations significantly. Advanced Data Security and Privacy Protections: Implements private server deployment with end-to-end encryption of all data transmitted through Linkdood, safeguarding against data breaches and unauthorized access, thus offering more robust security than conventional public cloud-based social media platforms. AI-Enhanced Translation Accuracy: Employs cutting-edge artificial intelligence technologies, including natural language processing and machine learning, to deliver not just literal translations but also contextually accurate semantic interpretations, particularly excelling with technical jargon and industry-specific dialects. Practical Scenario International Business Communications: As companies increasingly go global, effective cross-border business communications are crucial. LINKDOOD's instant translation features allow for the instantaneous sharing of business documents, emails, and meeting discussions with international partners on a secure platform, significantly streamlining communication workflows. Cross-Cultural Romance and Friendship: In today's globalized world, cross-cultural relationships are commonplace. LINKDOOD's real-time translation capabilities enable effortless communication with potential partners worldwide, removing language as a barrier to forming deep connections. Language Learning: Enhancing personal global competitiveness through foreign language proficiency is more accessible with LINKDOOD's real-time dialogue translation features, allowing learners to immediately apply their language skills and receive instant feedback from native speakers, thereby accelerating the learning process. Market Outlook: As cross-national communications become standard practice in the wake of intensified globalization, LINKDOOD's newly launched feature meets critical market needs and sets new benchmarks in the efficiency, immediacy, and accuracy of international communications. It is anticipated to significantly foster international trade, educational collaborations, and cultural exchanges, further solidifying LINKDOOD's competitive stance in the global market. About LINKDOOD Technology Co., Ltd. Specializing in the development of secure instant communication platforms, LINKDOOD Technology Co., Ltd. leverages advanced AI technologies to address global communication barriers, offering high-efficiency, user-friendly, and secure solutions. This latest enhancement not only signifies a technological leap for LINKDOOD but also forecasts the firm's proactive trajectory in the international arena. Contact Information: Email: marketing@linkdood.com Website: https://www.linkdood.com With its real-time multilingual translation and reinforced privacy measures, LINKDOOD promises users worldwide unparalleled communicative freedom and security in business, travel, or personal engagements. As AI technology evolves, LINKDOOD is set to persist as a frontrunner in the instant communication market, continually delivering superior, secure communication solutions globally.
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O-RAN ALLIANCE's Certification and Badging Program Gains Momentum to Accelerate the Adoption of Open and Intelligent RAN
The O-RAN ALLIANCE Certification and Badging Program aims to accelerate the adoption of open and intelligent Radio Access Networks (RAN) through building confidence in O-RAN products and solutions world-wide First O-RAN Certificates and Badges issued by Japan OTIC, Korea OTIC and the European OTIC in Berlin, adding to total of 23 issued to date 16 companies currently offer products or solutions with O-RAN certification on the open RAN market BONN, Germany, April 26, 2024 /PRNewswire/ -- Since its launch in June 2022, the O-RAN ALLIANCE's (O-RAN) Certification and Badging Program has been set out to accelerate the adoption of open and intelligent Radio Access Networks (RAN) through building confidence in O-RAN products and solutions world-wide. As such, the certification process supports the O-RAN ecosystem to efficiently progress with O-RAN product deployments. Two Open Testing and Integration Centres (OTICs) – the European OTIC in Berlin and Korea OTIC – have recently issued their first-ever O-RAN Certificates and Badges. Japan OTIC issued its first O-RAN Certificates and Badges in June 2023 and continued with five more awarded in 2024. The portfolio of certified O-RAN products currently counts 23 solutions from 16 companies, awarded by 5 OTICs, with more being in progress around the world. All awarded O-RAN Certificates and Badges, including company names and concrete products, are publicly available in the O-RAN ALLIANCE's Certification and Badging Catalogue. "Japan OTIC is committed to support testing and integration efforts in the industry to promote implementation of open, interoperable, intelligent, virtualized and secure RAN," said Masataka Kawauchi, Representative Director, Japan OTIC and Chairman, YRP R&D Promotion Committee. "Since its establishment in December 2022, we have worked with Japanese operator members to prepare environment and capabilities for testing based on O-RAN ALLIANCE specifications and are pleased to have issued two conformance certificates and E2E system badge to six products to date. The certified/badged equipment has been deployed to the commercial market. We expect more to follow with ongoing activities and additional requests received for the program and are also working to enhance our test capabilities and coverage. Together with other engagements like PlugFests and workshops, Japan OTIC will continue contributing towards realizing Open RAN together with the industry." "Deutsche Telekom, as the host of the European OTIC in Berlin facilitated by i14y Lab is thrilled to celebrate this significant milestone of the first O-RAN certificates in Europe together with the O-RAN community, and especially with the award recipients for their commitment to O-RAN compliance," said Petr Ledl, VP Network Trials and Integration Lab, Deutsche Telekom. "The value for operators in having certified solutions is the confidence that their conformance has been rigorously tested and assessed, which will minimize the integration complexity of open RAN solutions going forward. For vendors, O-RAN certification supports promotion of products and solutions. Both operator and vendor communities benefit from minimized repetition of tests and savings on testing efforts." "We are glad to see the 1st O-RU certificate in Korea this year following the establishment of Korea OTIC (KOTC) at the end of last year," said Geunwoo Park, Representative of the Korea OTIC. "With the issuance of the 1st certificate, we will not only provide testing and certification services for domestic companies' O-RUs but also interoperability between various open RAN equipment in Korea and beyond." The O-RAN Certification and Badging Program runs in collaboration with OTICs that are authorized to issue O-RAN Certificates and Badges. The O-RAN authorized OTICs are vendor-independent, ensuring the award of impartial O-RAN Certificates and Badges. Over time, the OTIC community has been growing in global presence, currently comprising 19 OTICs, operating in a healthy market-driven ecosystem. There are three types of O-RAN certifications: O-RAN Certificate verifies that a product is compliant to O-RAN specifications, using O-RAN conformance tests. O-RAN Interoperability (IOT) Badge proves interoperability of a pair of products connected via an O-RAN interface or O-RAN-profiled 3GPP interface, using O-RAN interoperability tests. O-RAN End-to-End (E2E) Badge demonstrates and validates that an end-to-end system or subsystem meets minimum requirements on functionality and security, using O-RAN end-to-end tests. It can also provide an indication of performance or other end-to-end functionalities. The O-RAN Certification and Badging Program refers to O-RAN test specifications. To date, 13 O-RAN test specifications have been published to support driving comprehensive testing of O-RAN based products, groups of products, and systems. Development of additional testing specifications goes hand in hand with O-RAN ALLIANCE's overall specification effort ensuring readiness for testing of mature areas. For more details on the O-RAN Certification and Badging Program please refer to our website and white paper. "Certification of O-RAN products and systems brings clear benefits to both operators and vendors," said Alex Jinsung Choi, Chair of the Board of O-RAN ALLIANCE and SVP Group Technology, Deutsche Telekom. "We encourage the entire O-RAN ecosystem to consider active engagement in the O-RAN Certification and Badging Program, which aims to accelerate the adoption of open and intelligent RAN solutions." About O-RAN ALLIANCEThe O-RAN ALLIANCE is a world-wide community of more than 300 mobile operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. As the RAN is an essential part of any mobile network, the O-RAN ALLIANCE's mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN specifications enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN based mobile networks at the same time improve the efficiency of RAN deployments as well as operations by mobile operators. To achieve this, the O-RAN ALLIANCE publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.For more information, please visit www.o-ran.org. Open Testing and Integration Centres (OTICs) around the world
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INMOTION Debuts Innovational 2-in-1 Self-balancing Vehicle E20 at Global Sources HK Show 2024
HONG KONG, April 25, 2024 /PRNewswire/ -- INMOTION, a global leader in smart and eco-friendly mobility solutions, mesmerized attendees at the Global Sources Hong Kong Expo with a range of groundbreaking electric unicycles and electric scooters from April 11th to 14th, 2024. INMOTION participated in the Global Sources Hong Kong Show 2024 INMOTION unveiled its upcoming star product, INMOTION E20, at the show, attracted attention with its unique 2-in-1 wheel design which makes it incredibly portable. Three units can fit seamlessly in the space of a typical family car, rendering it an excellent choice for family outings and adventures. Meanwhile, INMOTION's decade-long expertise in motion control ensures an agile and skiing-like ride, enhancing users' balance and refining coordination. With its key feature of a 2-in-1 design, the INMOTION E20 breaks through traditional barriers of self-balancing vehicles, simplifying the learning curve. Users can master it in just three minutes, ensuring riders of all skill levels can swiftly experience the joy of riding. In terms of performance, the E20 boasts a range of up to 30 kilometers, meeting the demands of daily short trips. Whether it's for park outings, commuting, or grocery shopping, the E20 provides a stable and efficient travel solution. Thanks to its unique structure, the E20 offers the freedom to choose your preferred riding position—whether standing or sitting—allowing you to ride as you please. Safety is at the core of INMOTION's philosophy, reflected in the E20's 20+ safety features and advanced battery management system, ensuring a secure and enjoyable ride every time. At the expo, INMOTION's booth stood out, attracting the attention and engagement of numerous international customers. The E20's test riding area was particularly popular, with many visitors experiencing the charm of the E20 firsthand and praising its ease of learning and riding experience. CEO Wang Yu stated, "The design philosophy behind the E20 is to reduce the learning difficulty of electric unicycles, allowing more people to enjoy the skiing-like freedom. We believe the E20 will serve as a transitional product for learning electric unicycles, helping users master balance skills more quickly." The vast majority of INMOTION' exhibits received design awards from IF and Red Dot, highlighting INMOTION's outstanding achievements and innovative prowess in the electric mobility sector. The INMOTION V13, with its exceptional design and performance, clinched the coveted Red Dot Award, becoming the focal point of the show. INMOTION's innovative products also drew the attention and coverage of several international media outlets. Throughout the expo, multiple media outlets conducted interviews and reports on INMOTION's products, giving high praise to the company's innovation and product performance. Through the Global Resources HK show, INMOTION not only showcased its latest achievements in the field of electric mobility but also further consolidated its influence in the international market. With the upcoming launch of the E20 electric unicycle, we look forward to INMOTION continuing to lead the future trends of electric mobility, providing users with more innovative and convenient travel options. For more details on the INMOTION E20 and other groundbreaking mobility options, visit the official INMOTION website: www.inmotionworld.com About INMOTION Founded in 2012, INMOTION is a high-tech company dedicated to leading innovation in smart mobility through intelligent motion control technology. The company's mission is to make your travel filled with passion and joy, while actively promoting global urban sustainability and providing people with more convenient, intelligent, and environmentally friendly travel options. INMOTION has established a leading position in the short-distance travel sector. Its products mainly include electric scooters, electric unicycles, balance boards, and more. Customers are spread across more than 50 countries, and the company holds over 300 patents. Its products have won multiple international design awards, such as the German IF Award, G-mark, Red Dot, and others. PR Contacts: marketing@imscv.comsales@imscv.com
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Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow
Multinational Insurance Broker to deploy 3CLogic's solution with ServiceNow's Financial Service Operations (FSO) platform to streamline customer experiences. ROCKVILLE, Md., April 25, 2024 /PRNewswire/ -- 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization's use of ServiviceNow's Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties. Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic's AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting. "We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use," explains Matt Durkin, VP of Global Sales at 3CLogic. "It's no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We're proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes." Recently named to Constellation Research's 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow's IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow's annual Knowledge 2024 event this May in Las Vegas. For more information, please contact info@3clogic.com. About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today's leading CRM and Customer Service Management platforms. Globally available and leveraged by the world's leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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Rendeavour expands high-speed internet access to local communities around Tatu City, Kenya
Fahari Link, Tatu City's new internet company, bridges the digital divide for thousands of underserved residents TATU CITY, Kenya, April 25, 2024 /PRNewswire/ -- Rendeavour, Africa's largest new city builder and the owner and developer of Tatu City, the 5,000-acre new city on Nairobi's doorstep, has created a new company to deliver high-speed internet connectivity to thousands of digitally underserved residents in nearby towns and informal settlements. (Left to right) Frank Mosier, Chairman of the Board of Directors, Rendeavour; Alex Kahu, Country Head, Kenya, Rendeavour; Hon. John Njogu, Gitothua Ward MCA; and Linda Nyaseda, Head of City Management, Tatu City, during the launch of Fahari Link, Tatu City’s new internet company, targeting digitally underserved communities in Kenya (Credit: Tatu City). By investing in critical digital infrastructure, Fahari Link will provide low connection fees, daily internet plans, reliable internet connectivity and technical support to citizens of Kiambu County, including those earning subsistence wages. In addition to connecting homes, Fahari Link will deploy wifi internet connections in public spaces such as shopping centres and sports fields, ensuring that digital access is available to all, including mobile users. "With Fahari Link, we are not just connecting people; we are connecting aspirations, opportunities, and futures," said Alex Kahu, Deputy Country Head, Kenya, Rendeavour, the owner and developer of Tatu City. "By expanding affordable internet and broadband services to our neighbouring community, Tatu City is ensuring that no one is left behind in Africa's digital future." The transformative initiative was announced at a ceremony presided over by Hon. Gina M. Raimondo, U.S. Secretary of Commerce, at the American Chamber of Commerce Business Summit at Windsor Golf Hotel & Country Club in Nairobi. In December 2022, President Biden launched the Digital Transformation with Africa (DTA) initiative, committing over $350 million to expand digital access and literacy across the African continent. With Africa's projected population of 1.7 billion by 2030, doubling internet connectivity to 1 billion users is a key goal. Digital access is especially important for women and girls who rely on the internet to acquire new skills, address health disparities, and improve the overall quality of life for themselves and their families. "Through the DTA, we're working to deliver technical assistance and investment that support private sector-led projects to expand digital access, increase digital literacy, and strengthen digitally enabling environments across Africa," said Secretary Raimondo. Fahari Link has invested heavily in acquiring wholesale bandwidth from global internet service providers to extend its reach to areas beyond Tatu City, including the informal communities of BTL, OJ and Rutoro. Rapidly growing Ruiru, the sixth fastest growing town in Africa, will be served, as well as the communities of Oaklands, Murera, Kamakis and other parts of Kiambu County. In total, Fahari's services will be available to close to one million people. "This is great news for the people in the surrounding communities around Tatu City, including BTL and Gitothua. This development will make a huge difference to individuals and businesses, giving them the tools they need to develop, grow, and prosper in an increasingly digital world," said Hon John Njogu, MCA Gitothua Ward, Kiambu County. Tatu Telecom, Tatu City's telecommunications company, has laid over 40 km of fibre optic cables and currently serves over 1,000 residential and commercial customers, including schools and local, regional, and multinational companies within Tatu City. Tatu Telecom offers internet with record browsing speeds, reliability, and robust troubleshooting measures facilitated by in-house engineers. Tatu Telecom has also built an open-access network, allowing multiple internet service providers to serve Tatu City residents and businesses. For a film about Fahari Link, please visit: https://youtu.be/btQu8kfngEo. About Tatu City (www.tatucity.com) Tatu City is a 5,000-acre new city on Nairobi's doorstep with homes, schools, businesses, a shopping district, medical clinic, nature areas and recreation for more than 250,000 residents and tens of thousands of day visitors. Tatu City's schools educate thousands of students daily, a range of homes suits all incomes and more than 78 businesses thrive in the country's first operational Special Economic Zone. Located 30 minutes from Westlands, Tatu City represents a new way of living and thinking for all Kenyans in a live, work and play environment that is free from traffic congestion and long-distance commuting. More than 78 local, regional and global businesses are operational or under development in Tatu City's business-friendly location, including CCI Global, Heineken, Kärcher, Dormans, Copia, Cooper K-Brands, Grit Real Estate Income Group, Twiga Foods, Freight Forwarders Solutions, ADvTECH, Friendship Group and Davis & Shirtliff. Business benefits at Tatu City SEZ include VAT zero-rating, import and stamp duty exemptions and 10% corporate tax for the first 10 years. Tatu City is a development by Rendeavour, Africa's largest new city builder with 30,000 acres of visionary projects in growth trajectories across Ghana, Nigeria, Kenya, Zambia and the Democratic Republic of Congo.
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Ezytask Revolutionizes Task Management By Combating Procrastination
MELBOURNE, Australia, April 25, 2024 /PRNewswire/ -- MKC Software, an innovative Australian startup, has unveiled its latest online service, Ezytask, designed to transform task management and tackle procrastination head-on. This groundbreaking software is built with user-friendliness in mind, offering essential features without overwhelming complexity. Procrastination is a common challenge we all face. While occasional delays are normal, chronic procrastination can hinder productivity. The founder of Ezytask emphasizes, "Time, alongside health, is our most precious asset, requiring careful management." Does this scenario sound familiar? You have a daunting 3000-word essay due, yet instead of tackling it, you find yourself immersed in a computer game or other distractions. This pattern often leads to last-minute cramming and subpar outcomes—a situation many can relate to. Ezytask introduces a paradigm shift. Imagine breaking down that daunting essay into manageable daily tasks: outlining main points one day, drafting the next, refining, and finalizing gradually. Doesn't that seem more achievable? Ezytask empowers users to transform large tasks into bite-sized activities, making any challenge seem manageable. The software's simplicity is its strength. Users can create thousands of tasks and schedule them across days, weeks, or months effortlessly. Moreover, Ezytask facilitates planning for various goals and milestones, distributing tasks strategically throughout the year. A straightforward grid system organizes daily activities, eliminating unnecessary complexities. Users input tasks, rearrange them as needed, and mark them as "done" upon completion. An additional feature ensures pending tasks remain visible, preventing oversights. Ezytask fosters a sense of accomplishment and productivity. Crossing off tasks provides a tangible sense of progress, reducing procrastination tendencies. Users naturally gravitate toward completing tasks promptly, enhancing overall efficiency. "Effective time management unlocks greater productivity and leisure time—a balance we strive to achieve," notes the Ezytask founder. Moreover, Ezytask promotes a balanced work-life dynamic, serving as the ultimate productivity companion. Its streamlined interface and unique features lay the groundwork for an efficient personal and professional lifestyle. Priced affordably at $4.85 per month, akin to a daily cup of coffee, Ezytask offers ample capacity to plan activities, appointments, work tasks, and events months in advance. For more information: Website: ezytask.io Free 14-day trial: ezytask.io/signup
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ISH Tecnologia Applauded by Frost & Sullivan for Its Market-leading Position and Helping Secure and Grow Latin American Organizations
ISH Tecnologia has a strong position in the Brazilian market, serving over 600 customers across multiple high-profile industries, including oil and energy, financial services, and manufacturing. SAN ANTONIO, April 25, 2024 /PRNewswire/ -- Recently, Frost & Sullivan assessed the managed and professional security services industry and, based on its findings, recognizes ISH Tecnologia with the 2023 Brazilian Company of the Year Award. The company has over 27 years of experience delivering managed security services. It leads Brazil's managed and professional security services (MSS & PSS) market with over 850 employees across 9 offices, 3 data centers, 3 SOCs, and over 60 partnerships with leading cybersecurity vendors. It has a solid track record of growth and profitability, with a 32% CAGR in the last five years and one of the most significant Latin American MSS & PSS revenues. ISH Tecnologia strongly focuses on customer service, a factor underlined by a churn rate of less than 2%, and works closely with its clients to develop customized solutions that meet specific needs. Through its R&D partner company, Safe Labs, ISH Tecnologia bolsters its portfolio with highly advanced cyber-resilient security solutions—Mantis DRP, Cyberpass, Harpia, and Raidstorm—and provides it with extended innovation capabilities that allow the company to provide security services backed with proprietary technology. With various tools and approaches, ISH Tecnologia can customize its services to individual customer needs. Lucas Ferreyra, Cybersecurity Industry Analyst at Frost & Sullivan, observed, "ISH Tecnologia provides a varied MSS portfolio, including managed detection and response, breach and attack simulation, OT & IoT security, and other products. It also has a strong PSS offering, consisting of integrated risk management, governance risk and compliance services, fraud prevention, and a plethora of other services. This comprehensive security arsenal is integrated by the ISH Vision platform to enhance cyber resilience." ISH Tecnologia's wide range of MSS & PSS services give it extreme flexibility to work with organizations of varying industries, sizes, and maturity levels. ISH Academy, a 9-month training program on hard and soft cybersecurity skills, language, and company culture, turns novices into skilled professionals that can fill positions within the company. It is a great starting point for any would-be cybersecurity professional and provides ISH Tecnologia's employees with opportunities to advance their careers within the company, increasing its personnel retention rate. "ISH Tecnologia's long history in the industry and its growth, expansion, and development of new technology are a testament to its success as an MSSP. Its comprehensive portfolio of security services underpins its strategy to extend its market share over a large portion of Brazil and provide growth opportunities for upscaling by acquiring new customers," added Ferreyra. With its strong overall performance, ISH Tecnologia earns Frost & Sullivan's 2023 Brazilian Company of the Year Award in the managed and professional security services market. Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration. Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry. About Frost & SullivanFor six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact:Ashley WeinkaufP: 210-844-2505E: ashley.weinkauf@frost.com About ISH TecnologiaISH Tecnologia, an ISH Tech company, was founded in 1996 in Brazil and is a leading provider of cybersecurity, critical infrastructure, and secure cloud solutions in Latin America. It ranks 22nd in MSSP Alert's ranking of the top 250 managed security service providers in the world. With over 900 employees and a portfolio of over 600 clients from all sectors of the economy, it serves around 20% of the 1000 largest companies, as well as over 400 mid-sized companies and Brazilian public bodies. The headquarters is located in Vitória, Espírito Santo, and the company maintains branches in São Paulo, Rio de Janeiro, Belo Horizonte, Brasília, Curitiba, Goiânia, and Pernambuco, and a subsidiary in the USA.
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DECODE Group Successfully Secures U.S. Financial Services License, Strengthening Global Financial Market Position
SINGAPORE, April 25, 2024 /PRNewswire/ -- DECODE Group's subsidiary, Decode Digital Markets USA Inc, has officially obtained a Money Services Business (MSB) registration license from the Financial Crimes Enforcement Network (FinCEN) in the United States. This achievement marks a significant milestone in the group's compliance and professionalism in the global financial services market. It also consolidates DECODE Group's leading position in the global financial market. DECODE Group Successfully Secures U.S. Financial Services License, Strengthening Global Financial Market Position The new license covers all 50 states and territories of the United States, allowing Decode Digital Markets USA Inc to provide a range of financial services including check cashing (including traveler's and money orders), dealing in foreign exchange, issuing money orders, issuing traveler's checks, money transmission, selling money orders, prepaid access and traveler's checks. This registration adds significant legitimacy and operational breadth to DECODE Group's activities in the U.S. and globally. Decode Global's CEO Ivan Lew said, "obtaining the U.S. MSB registration license is a crucial step in DECODE Group's global strategy. It not only allows us to serve in the U.S. market but also assures our clients of higher standards of financial services. We look forward to further expanding our market share and continuing to drive financial technology innovation, all while adhering to U.S. and international financial regulatory standards." As a global financial services company, DECODE Group is dedicated to delivering innovative financial solutions and services. The company operates in multiple countries and regions, each of which has obtained the necessary financial licenses and certifications to ensure safe and reliable services for global clients. With the acquisition of the U.S. MSB license, DECODE Group is set to further expand its service capabilities worldwide. In the future, the group plans to explore new markets and seek similar registrations or licenses in other countries to support and enhance its financial services worldwide. About DECODE Group DECODE Group is a leading international financial services conglomerate, established in 2004 with its central headquarters located in Sydney, Australia. The group holds multiple financial licenses across various countries, including an Australian Financial Services License, and is authorized to provide financial services. DECODE Group operates under the stringent regulatory oversight of esteemed bodies, notably the Australian Securities and Investments Commission (ASIC).
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JinkoSolar Files 2023 Annual Report on Form 20-F
SHANGRAO, China, April 25, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that the Company filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 25, 2024. The Company's annual report on Form 20-F contains its audited consolidated financial statements and is available on the Company's website at http://ir.jinkosolar.com or on the SEC's website at www.sec.gov. The Company will provide a hard copy of its annual report, which contains the complete audited financial statements, free of charge to its shareholders and holders of American depositary shares representing its ordinary shares upon request. About JinkoSolar Holding Co., Ltd. JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to utility-scale, commercial and residential customers in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. JinkoSolar had 14 productions facilities globally, 26 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, the United Arab Emirates, Denmark, Indonesia, Nigeria and Saudi Arabia, and a global sales network with sales teams in China, the United States, Canada, Brazil, Chile, Mexico, Italy, Germany, Turkey, Spain, Japan, the United Arab Emirates, Netherlands, Vietnam and India, as of December 31, 2023. To find out more, please see: www.jinkosolar.com For investor and media inquiries, please contact:In China:Ms. Stella WangJinkoSolar Holding Co., Ltd.Tel: +86 21-5180-8777 ext.7806Email: ir@jinkosolar.com Mr. Rene VanguestaineChristensenTel: +86 178 1749 0483Email: rene.vanguestaine@christensencomms.com In the U.S.:Ms. Linda BergkampChristensen, Scottsdale, ArizonaTel: +1-480-614-3004Email: linda.bergkamp@christensencomms.com
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LG Innotek awarded at 'Edison Awards,' the most prestigious invention award in the US for the second consecutive year
Achieved high-definition image at the level of DSLR cameras with a smartphone 'High Magnification Optical Continuous Zoom Camera Module'…World's first mass production in 2022 Innovative optical camera technology is increasingly being used in a variety of applications, including vehicles and robots SEOUL, South Korea, April 25, 2024 /PRNewswire/ -- LG Innotek (CEO Moon, Hyuksoo) has once again demonstrated its unrivaled technology to the global market by winning the "Edison Awards" for the second consecutive year, following their success last year. LG Innotek’s High Magnification Optical Continuous Zoom Camera Module On the 25th, LG Innotek announced that they have won this year's 'Edison Awards 2024' for its 'High Magnification Optical Continuous Zoom Camera Module (hereinafter referred to as 'Optical Continuous Zoom Module') for smartphones, which is applied with the world's best optical design technology. Edison Awards is the most prestigious invention award in the US held since 1987 to commemorate the innovative spirit of the inventor Edison, and is referred to as the 'Oscars of Innovation.' Over 3,000 judges comprised of top management and scholars in each industrial field across the US conduct strict reviews for approximately 7 months. Every year, they select the winners of the gold, silver, and bronze awards in 16 areas. The continuous zoom module submitted by LG Innotek this year was selected as the winner of the Silver Award in the area of 'Commercial technology' at the award ceremony held in Florida, USA on the evening of the 18th (local time). 'Optical Zoom' is the zoom function that provides high-definition images by directly moving the lens to zoom in on an object. Previously, optical zoom could only be properly realized by installing multiple 'Fixed Zoom Modules' that work at a specific magnification. Because of this, it has been applied only to large professional cameras, such as DSLR cameras. Since there was no space to install optical fixed zoom modules in smartphones, there were no options but to adopt the 'digital zoom' method, which zooms in on a filmed image using software. This is the reason picture quality deteriorated when a picture was taken while zooming in using existing smartphones. As LG Innotek successfully developed 'optical continuous zoom modules' in 2021, an era has opened where shooting of high-definition images at the level of DSLR cameras is possible. The 'Optical Continuous Zoom Module' submitted to the Edison Awards is a version LG Innotek commercialized for the first time in the world in 2022. Even with just one module built-in, high-definition images can be shot while freely adjusting between all the intervals between 3x and 5x. An LG Innotek official explained that the customer adopting the product can secure additional space in a smartphone and improve battery efficiency. The key to the successful mass production of the 'Optical Continuous Zoom Module' is in the 'Zoom Actuator' that adopted LG Innotek's unrivaled precision control technology. The 'Zoom Actuator' is the core part of a camera module adjusting the focus of the lens while moving multiple lenses quickly and accurately. The longer the lens operating distance, the higher the magnification, thereby making the accurate control of the operating distance crucial. LG Innotek's 'Zoom Actuator' operates precisely by micrometers (㎛, one millionth of 1 meter), and achieves a crystal clear image quality. In addition to this, the innovation of the product was further enhanced by solving the issue of 'protruding camera lens' by applying a 'D Cut Design' that cuts the protruded part of the circular lens and turns it into a flat alphabet 'D' shape. LG Innotek has continuously upgraded the specifications since the first mass production of the 'Optical Continuous Zoom Module' and in the second half of 2022, it also successfully developed continuous zoom module that can perform optical shooting between the high magnification range between 4x and 9x. The company has won the Innovation Award with that zoom module at CES 2023. CTO S.David Roh said, "By winning the Edison Award, LG Innotek was able to prove again its unrivaled technology accumulated in the area of camera modules" and added, "We will also apply the 'Optical Continuous Camera Modules' to various areas such as vehicles and robots to continuously provide differentiated customer values."