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SK hynix Begins Volume Production of Industry's First HBM3E
SK hynix extends success of HBM3, marking first case in industry to mass produce HBM3E Supply to a customer comes in 7 months after development announced; best-in-class performance to lead level of AI capabilities to world's best SK hynix to cement position as global top provider of AI memory technology, while keeping up business competitiveness SEOUL, South Korea, March 19, 2024 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it has begun volume production of HBM3E*, the newest AI memory product with ultra-high performance, for supply to a customer from late March. The company made public its success with the HBM3E development just seven months ago. * HBM (High Bandwidth Memory): A high-value, high-performance memory that vertically interconnects multiple DRAM chips and dramatically increases data processing speed in comparison to conventional DRAM products. HBM3E, the extended version of HBM3, is the fifth generation of HBM following HBM, HBM2, HBM2E and HBM3 SK hynix being the first provider of HBM3E, a product with the best performing DRAM chips, extends its earlier success with HBM3. The company expects a successful volume production of HBM3E, along with its experiences also as the industry's first provider of HBM3, to help cement its leadership in the AI memory space. In order to build a successful AI system that processes a huge amount of data quickly, a semiconductor package should be composed in a way that numerous AI processors and memories are multi-connected. Global big tech companies have been increasingly requiring stronger performance of AI semiconductor and SK hynix expects its HBM3E to be their optimal choice that meets such growing expectations. The latest product is the industry's best in all the aspects required for an AI memory including speed and heat control. It processes up to 1.18TB of data per second, equivalent to processing more than 230 full-HD movies (5GB each), in a second. As AI memory operates at an extremely high speed, controlling heat is another key qualification required for AI memories. SK hynix's HBM3E also comes with a 10% improvement in heat-dissipation performance, compared with the previous generation, following application of the advanced MR-MUF** process. ** MR-MUF (Mass Reflow Molded Underfill): The process of stacking semiconductor chips, injecting liquid protective materials between them to protect the circuit between chips, and hardening them. The process has proved to be more efficient and effective for heat dissipation, compared with the method of laying film-type materials for each chip stack. SK hynix's advanced MR-MUF technology is critical to securing a stable mass production on the supply side of the HBM ecosystem as pressure on the chips being stacked can be reduced, while warpage control is also improved with adoption of this process. Sungsoo Ryu, Head of HBM Business at SK hynix, said that mass production of HBM3E has completed the company's lineup of industry-leading AI memory products. "With the success story of the HBM business and the strong partnership with customers that it has built for years, SK hynix will cement its position as the total AI memory provider." About SK hynix Inc. SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.
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XenithIG Awarded Malaysia Digital Status
The Malaysia Digital Status gives XenithIG access to benefits that helps the company grow and serve its customers better, while creating new opportunities for Malaysia's digital economy SINGAPORE, March 19, 2024 /PRNewswire/ -- Xenith Infrastructure Group (XenithIG), a critical network infrastructure provider serving hyperscalers, data centre operators, carriers, and enterprise clients throughout the Asia Pacific (APAC), has been awarded Malaysia Digital Status by the Malaysian Government through the Malaysia Digital Economy Corporation (MDEC), the agency leading the digital transformation of the Malaysian economy. The Malaysia Digital Status is an accolade that entitles qualified companies access to incentives, rights, and privileges from the Government of Malaysia; for example, world-class physical and information infrastructure, and flexibility to employ local and foreign knowledge workers. It gives XenithIG greater capacity and agility to operate, grow, expand, or invest anywhere in Malaysia. "We are honoured to be recognised by the Malaysian Government through MDEC and thrilled that the Malaysia Digital Status will give us access to benefits that can help XenithIG grow and serve our customers better, while creating new opportunities for Malaysia's digital economy," said Luke Mackinnon, XenithIG's CEO. "The award underscores our commitment to the APAC market and our sustained investments in a region that is undergoing tremendous growth in demand for critical network infrastructure." "We warmly welcome XenithIG into the Malaysia Digital family, and we are excited to support XenithIG's growth goals in Malaysia and APAC," said Mahadhir Aziz, MDEC's CEO. "With its wholly-owned, high-capacity dark fibre infrastructure and an executive team with deep know-how, XenithIG brings along talent, expertise, technology, and innovation to our region which will become a part of our thriving digital ecosystem in Malaysia. Working with enterprises such as XenithIG reinforces our nation's strategy to energise our digital economy. We look forward to partnering XenithIG on its growth in Malaysia and beyond." XenithIG's new, custom, state-of-the-art digital infrastructure as well as other dark fibre services and solutions are expected to be available in Johor and Kuala Lumpur later in 2024. The new infrastructure, services, and solutions will help meet the needs of organisations with demanding connectivity requirements, such as hyperscalers and OTT operators in Malaysia. The provision of XenithIG's dark fibre network infrastructure, services, and solutions will create resilient infrastructure, generate new jobs, cultivate new skillsets, and promote innovation in Malaysia, contributing to inclusive and sustainable industrialisation and economic growth. About XenithIG XenithIG brings robust, critical network infrastructure to companies operating in APAC. With its wholly-owned, high-capacity dark fibre infrastructure, XenithIG connect data centres, cable landing stations and other key network interconnection points with the newest, state-of-the-art dark fibre optic cables. XenithIG's critical infrastructure assets are robust, underground, company-owned and operated, and capable of being quickly commissioned to bring customer's operations online in days, not weeks or months. The XenithIG executive team has the deep, proven expertise required to meet the challenges posed by the complex connectivity landscape in some of the largest and densest data centre markets in the world. www.xenithig.com
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TEHTRIS unveils exclusive background and evidence of RosyStyle Affair
PARIS, March 19, 2024 /PRNewswire/ -- TEHTRIS, a leading company in the automatic, real-time, non-human-action neutralization of cyberattacks, has just published its latest Threat Intelligence report, revealing, for the first time, the intricate details of an international fraud of almost 40 million euros, perpetrated on an online investment platform called RosyStyle. A large-scale case targeting individuals via RosyStyle platform After the arrest of a few members of its cybercriminal group, this case could easily have gone unnoticed. However, TEHTRIS reveals behind-the-scenes details of this fraud, centered on bogus online investments, as well as evidence that the cybercriminal group remains active. Overview of the RosyStyle case: Status: Despite the arrest of some members, the cybercriminals continued to defraud numerous retail investors, enticing them to transfer large sums of money to their bank accounts. Exclusive Evidence: from IP addresses to websites, TEHTRIS unveils exclusive screenshots of login pages and platform's backend interface, as well as evidence of the criminals' access to victims' bank transactions. Persistent activity: beyond the initial case, the compromised source code has been adapted under several different brand names. Cybersecurity is a collective responsibility "Our vision of cybersecurity goes far beyond the conventional role of a solution provider. We are committed to understanding, anticipating and mitigating threats to ensure the protection of public and private organizations of all sizes, as well as individuals, in the digital economy. By offering not only cybersecurity solutions, but also vital information to arm them against evolving threats, we aspire to be a trustful source of information, thus contributing to a safer digital future for all," explains the TEHTRIS team. About TEHTRIS Founded in 2010, TEHTRIS is the publisher of the TEHTRIS XDR PLATFORM, hyper-automated cyber defense solution that detects and neutralizes cyberattacks in real time, without human action. With its "Security & Ethics by design" approach, TEHTRIS provides users with a holistic vision of their infrastructure, while guaranteeing data protection. TEHTRIS XDR PLATFORM is compatible with market security solutions via its APIs and integrated orchestrator. The solution monitors, analyzes and neutralizes threats for major organizations in transport, engineering, services and government. TEHTRIS keeps a constant watch on cybercrime and listens closely to its customers, helping them to minimize risks and deal with the unpredictable. In 2020, TEHTRIS raised a record €20 million in Series A funding and a second €44 million in Series B funding in 2022. https://content.tehtris.com/threatintelfebruary24 Contact: tehtrisPR.france@axicom.com
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Segway Collaborates with NVIDIA to Introduce NVIDIA Isaac-powered Nova Orin Developer Kit for Autonomous Mobile Robots
LOS ANGELES, March 19, 2024 /PRNewswire/ -- Segway Robotics, a global leader in autonomous mobile robot (AMR) technologies, is collaborating with NVIDIA to introduce a new developer kit which will expand the frontiers of robotic technologies. The Nova Orin Developer Kit (DevKit), unveiled at NVIDIA GTC, a global AI conference running March 18-21 at the San Jose Convention Center and online, enables creators to bring their robotic innovations to market more swiftly and efficiently. Nova Orin Developer Kit, unveiled at NVIDIA GTC Building upon the capabilities of the Nova Carter development robot, which Segway teamed with NVIDIA to introduce last year, the Nova Orin DevKit makes robotics development more accessible. It combines Segway's expertise in robotic mobility solutions with NVIDIA AI and GPU accelerated computing, aiming to provide a platform for developing robotic applications that can navigate and interact with the world in ways previously unimaginable. Responding to the developer community's feedback on the Nova Carter, the Nova Orin DevKit has been crafted to offer an even greater level of customization without sacrificing simplicity in assembly and calibration. It is an all-in-one, fully integrated compute and sensing solution ideal for solving complex AMR challenges in large and highly dynamic environments. Powered by the NVIDIA Jetson AGX Orin system-on-module, the Nova Orin DevKit is equipped with stereo cameras (RGBD) and high-speed surround cameras to provide 3D surround vision. It comes preinstalled with NVIDIA Isaac platform components (including sensor drivers, a nominal calibration file, as well as NVIDIA Isaac Perceptor packages), allowing users to experience the Isaac Perceptor stack right out of the box. The Nova Orin DevKit can accelerate the development of state-of-art autonomy with powerful and proven software and hardware tools, to use with automated guided vehicles, autonomous forklifts, indoor and outdoor delivery robots, and many other applications. "With the Nova Orin DevKit, we are pushing the boundaries of what's possible in AI robotics," said Tony Ho, Vice President of Business Development at Segway. "Since introducing Nova Carter, the feedback from developers has been incredibly insightful. Recognizing the critical importance of time to market in the robotics sector, the Nova Orin DevKit is our answer to accelerating innovation and success for our customers." The Nova Orin DevKit, alongside Nova Carter, represents an important step in reducing the development time for robotics projects. Additionally, Segway's expertise in supply chain management is set to assist robotics companies in scaling their operations faster and more smoothly. The Nova Orin DevKit will be available for order starting in early April. Developers, researchers, and companies interested in exploring the frontiers of AI robotics are encouraged to join this exciting journey. More details on The Nova Orin DevKit can be found at Segway Robotics website: https://robotics.segway.com/nova-dev-kit/ Media Enquiries: Ling Ding, ling.ding@ninebot.com
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Wiwynn Showcases Innovations on NVIDIA GB200 NVL72 at GTC 2024
Build to Meet Customer Demand for Scalable, Accelerated, and Liquid-cooled Computing Solutions SAN JOSE, Calif., March 19, 2024 /PRNewswire/ -- Wiwynn, an innovative cloud IT infrastructure provider for data centers, is showcasing its latest rack-level AI computing solutions at NVIDIA GTC, a global AI conference running through March 21. Located at booth #1619, Wiwynn will spotlight its AI server racks based on the NVIDIA GB200 NVL72 system, along with its cutting-edge, rack-level, liquid-cooling management system, UMS100. The company aims to address the rising demand for massive computing power and advanced cooling solutions in the GenAI era. As a close NVIDIA partner, Wiwynn is among the first in line with NVIDIA GB200 NVL72 readiness. The newly announced NVIDIA GB200 Grace™ Blackwell Superchip supports the latest NVIDIA Quantum-X800 InfiniBand and NVIDIA Spectrum™-X800 Ethernet platforms. This innovation catapults generative AI to trillion-parameter scale, delivering 30x faster real-time large language model inference, 25x lower TCO, and 25x less energy consumption compared to the previous generation of GPUs. Wiwynn will build optimized, rack-level, liquid-cooled AI solutions by leveraging its extensive advantages in high-speed data transmission, power efficiency, system integration, and advanced cooling. It aims to meet customer demands for enhanced performance, scalability, and diversity in data center infrastructures. Additionally, Wiwynn will demonstrate its universal liquid-cooling management system, the UMS100, in response to the growing need for liquid cooling in power-intensive AI/HPC computing pods. The UMS100 offers real-time monitoring, cooling energy optimization, rapid leak detection, andcontainment. It seamlessly integrates with existing data center management systems through the Redfish interface. With the support of industry-standard protocols, the UMS100 is compatible with different CDUs and sidecars. These features make the UMS100 an ideal solution for data centers seeking to enhance flexibility and adaptability in cooling architectures. "We are excited to be one of the first in line with NVIDIA GB200 NVL72 readiness and showcase our latest innovations with NVIDIA at GTC 2024," said Dr. Sunlai Chang, CEO and President at Wiwynn. "With our GB200-enabled AI rack, we deliver unmatched computing power and ensure customizable adaptability to meet the diverse needs of scalability, flexibility, and efficient management in data centers. We will continue collaborating with NVIDIA to develop optimized and sustainable solutions for data centers in the GenAI era." "Wiwynn delivers scalable, secure NVIDIA accelerated computing across various industries," said Kaustubh Sanghani, vice president of GPU product management at NVIDIA. "With our NVIDIA GB200 NVL72 system, Wiwynn is working to innovate the modern data center and power a new era of computing." About Wiwynn Wiwynn is an innovative cloud IT infrastructure provider of high-quality computing and storage products, plus rack solutions for leading data centers. We are committed to the vision of "unleash the power of digitalization; ignite the innovation of sustainability". The Company aggressively invest in next-generation technologies to provide the best TCO (Total Cost of Ownership), workload and energy-optimized IT solutions from cloud to edge. For more information, please visit Wiwynn website, Facebook and Linkedin.
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Supermicro Grows AI Optimized Product Portfolio with a New Generation of Systems and Rack Architectures Featuring New NVIDIA Blackwell Architecture So
Powerful and Energy Efficient Solutions for Large Scale CSPs and NSPs Incorporate a Full Stack of Next Gen NVIDIA GPUs and CPUs with the NVIDIA Quantum X800 Platform and NVIDIA AI Enterprise 5.0 SAN JOSE, Calif., March 19, 2024 /PRNewswire/ -- NVIDIA GTC 2024, -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is announcing new AI systems for large-scale generative AI featuring NVIDIA's next-generation of data center products, including the latest NVIDIA GB200 Grace™ Blackwell Superchip, the NVIDIA B200 Tensor Core and B100 Tensor Core GPUs. Supermicro is enhancing its current NVIDIA HGX™ H100/H200 8-GPU systems to be drop-in ready for the NVIDIA HGX™ B100 8-GPU and enhanced to support the B200, resulting in a reduced time to delivery. Additionally, Supermicro will further strengthen its broad NVIDIA MGX™ systems lineup with new offerings featuring the NVIDIA GB200, including the NVIDIA GB200 NVL72, a complete rack level solution with 72 NVIDIA Blackwell GPUs. Supermicro is also adding new systems to its lineup, including the 4U NVIDIA HGX B200 8-GPU liquid-cooled system. "Our focus on building block architecture and rack-scale Total IT for AI has enabled us to design next-generation systems for the enhanced requirements of NVIDIA Blackwell architecture-based GPUs, such as our new 4U liquid-cooled NVIDIA HGX B200 8-GPU based system, as well as our fully integrated direct-to-chip liquid cooled racks with NVIDIA GB200 NVL72," said Charles Liang, president and CEO of Supermicro. "These new products are built upon Supermicro and NVIDIA's proven HGX and MGX system architecture, optimizing for the new capabilities of NVIDIA Blackwell GPUs. Supermicro has the expertise to incorporate 1kW GPUs into a wide range of air-cooled and liquid-cooled systems, as well as the rack scale production capacity of 5,000 racks/month and anticipates being first-to-market in deploying full rack clusters featuring NVIDIA Blackwell GPUs." Supermicro's direct-to-chip liquid cooling technology will allow for the increased thermal design power (TDP) of the latest GPUs and deliver the full potential of the NVIDIA Blackwell GPUs. Supermicro's HGX and MGX Systems with NVIDIA Blackwell are the building blocks for the future of AI infrastructure and will deliver groundbreaking performance for multi-trillion parameter AI training and real-time AI inference. A wide range of GPU-optimized Supermicro systems will be ready for the NVIDIA Blackwell B200 and B100 Tensor Core GPU and validated for the latest NVIDIA AI Enterprise software, which adds support for NVIDIA NIM inference microservices. The Supermicro systems include: NVIDIA HGX B100 8-GPU and HGX B200 8-GPU systems 5U/4U PCIe GPU system with up to 10 GPUs SuperBlade® with up to 20 B100 GPUs for 8U enclosures and up to 10 B100 GPUs in 6U enclosures 2U Hyper with up to 3 B100 GPUs Supermicro 2U x86 MGX systems with up to 4 B100 GPUs For training massive foundational AI models, Supermicro is prepared to be the first-to-market to release NVIDIA HGX B200 8-GPU and HGX B100 8-GPU systems. These systems feature 8 NVIDIA Blackwell GPUs connected via a high-speed fifth-generation NVIDIA® NVLink® interconnect at 1.8TB/s, doubling the previous generation performance, with 1.5TB total high-bandwidth memory and will deliver 3X faster training results for LLMs, such as the GPT-MoE-1.8T model, compared to the NVIDIA Hopper architecture generation. These systems feature advanced networking to scale to clusters, supporting both NVIDIA Quantum-2 InfiniBand and NVIDIA Spectrum-X Ethernet options with a 1:1 GPU-to-NIC ratio. "Supermicro continues to bring to market an amazing range of accelerated computing platform servers that are tuned for AI training and inference that can address any need in the market today, said Kaustubh Sanghani, vice president of GPU product management at NVIDIA. "We work closely with Supermicro to bring the most optimized solutions to customers." For the most demanding LLM inference workloads, Supermicro is releasing several new MGX systems built with the NVIDIA GB200 Grace Blackwell Superchip, which combines an NVIDIA Grace CPU with two NVIDIA Blackwell GPUs. Supermicro's NVIDIA MGX with GB200 systems will deliver a vast leap in performance for AI inference with up to 30x speed-ups compared to the NVIDIA HGX H100. Supermicro and NVIDIA have developed a rack-scale solution with the NVIDIA GB200 NVL72, connecting 36 Grace CPUs and 72 Blackwell GPUs in a single rack. All 72 GPUs are interconnected with fifth-generation NVIDIA NVLink for GPU-to-GPU communication at 1.8TB/s. In addition, for inference workloads, Supermicro is announcing the ARS-221GL-NHIR, a 2U server based on the GH200 line of products, which will have two GH200 servers connected via a 900Gb/s high speed interconnect. Come to the Supermicro Booth at GTC to learn more. Supermicro systems will also support the upcoming NVIDIA Quantum-X800 InfiniBand platform, consisting of the NVIDIA Quantum-X800 QM3400 switch and the SuperNIC800, and the NVIDIA Spectrum-X800 Ethernet platform, consisting of the NVIDIA Spectrum-X800 SN5600 switch and the SuperNIC800. Optimized for the NVIDIA Blackwell architecture, the NVIDIA Quantum-X800, and Spectrum-X800 will deliver the highest level of networking performance for AI infrastructures. For more information on Supermicro NVIDIA solutions, visit https://www.supermicro.com/en/accelerators/nvidia Supermicro's upcoming systems lineup featuring NVIDIA B200 and GB200 consists of: The Supermicro's NVIDIA HGX B200 8-GPU air-cooled and liquid-cooled systems are for the highest generative AI training performance. This system features 8 NVIDIA Blackwell GPUs connected via fifth generation NVLink with a pool of 1.5TB high-bandwidth memory (up to 60TB/s) to speed up AI training workloads. Supermicro's best-selling AI Training System, the 4U/8U system with NVIDIA HGX H100/H200 8-GPU, will support NVIDIA's upcoming HGX B100 8-GPU. A Supermicro Rack-Level Solution featuring GB200 Superchip systems as server nodes with 2 Grace CPUs and 4 NVIDIA Blackwell GPUs per node. Supermicro's direct-to-chip liquid-cooling maximizes density with 72 GB200 192GB GPUs (1200W TDP per GPU), all in a single 44U ORV3 rack. Supermicro at GTC 2024 Supermicro will demonstrate a complete portfolio of GPU systems for AI at NVIDIA's GTC 2024 event from March 18-21 at the San Jose Convention Center. Visit Supermicro at booth #1016 to see solutions built for a wide range of AI applications, including training generative AI models, AI inference, and edge AI. Supermicro will also showcase two rack-level solutions, including a concept rack with systems featuring the upcoming NVIDIA GB200 with 72 liquid-cooled GPUs interconnected with fifth-generation NVLink. Supermicro solutions that will be on display at GTC 2024 include: Supermicro liquid-cooled AI training rack featuring 8 4U 8-GPU systems with NVIDIA HGX H200 8-GPUs Supermicro concept ORV3 rack with liquid-cooled MGX system nodes, hosting a total of 72 NVIDIA GB200 Superchips connected via fifth-generation NVLink Supermicro MGX systems, including the 1U Liquid-Cooled NVIDIA GH200 Grace Hopper Superchip system Supermicro short-depth Hyper-E system for delivering GPU computing at the edge Supermicro Petascale all-flash storage system for high-performance AI data pipelines About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling). Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. All other brands, names, and trademarks are the property of their respective owners. SMCI-F
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Linker Vision Unveils Groundbreaking Large Vision Model at NVIDIA GTC, Leading the New Era of Vision AI
SAN JOSE, Calif., March 19, 2024 /PRNewswire/ -- Taiwanese AI trailblazer Linker Vision showcased its breakthrough achievements with its Continuous Learning AI Platform combined with Large Vision Model technology at the NVIDIA GTC 2024 AI conference. Through successful collaborations forged through the NVIDIA Inception program for startups, Linker Vision's AI platform employs the core products of NVIDIA Metropolis to create innovative solutions for an end-to-end Continuous Learning AI Platform. With a data-centric approach and continuous learning mechanism, working with a state-of-the-art 360-degree 4K zero-distortion camera system, Linker Vision has demonstrated advanced vision AI applications in areas of smart cities and AI factories. Such applications have already been deployed in Kaohsiung City, which is considered as one of the most innovative cities in Taiwan. Dr. Paul Shieh, Founder and Chairman of Linker Vision, said, "Linker Vision is committed to pushing the boundaries of AI technology and applications, achieved through our Continuous Learning AI technology and cutting-edge Large Vision Model. Our close collaboration with the NVIDIA Metropolis ecosystem, utilizing its comprehensive application framework, such as NVIDIA DeepStream, TensorRT, and Triton, significantly accelerates the development process of vision AI, ensuring that our solutions remain at the forefront of the industry." Deputy Mayor of Kaohsiung City, Lo Ta-Sheng, highlighted the synergies of working with Linker Vision: "We're on a mission to make Kaohsiung a beacon of smart, sustainable living. With Linker Vision's advanced AI technologies, we're creating an intelligent city that's smarter in every way — from our factories to our city." Shieh echoed these sentiments, underlining Linker Vision's commitment to innovation and partnership, "Innovation is in our DNA, and we're always looking for like-minded partners. With our Continuous Learning AI and collaborations, like the one with the 360-degree 4K camera system, we're bringing next-level AI solutions to life." Linker Vision's presence at NVIDIA GTC is more than a showcase. It's a promise to keep pushing AI forward, not just for Kaohsiung or Linker Vision but for smarter cities and their inhabitants around the world.
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Supermicro Launches Three NVIDIA-Based, Full-Stack, Ready-to-Deploy Generative AI SuperClusters That Scale from Enterprise to Large LLM Infrastructure
The Full-Stack SuperClusters Include Air- and Liquid-Cooled Training and Cloud-Scale Inference Rack Configurations with the Latest NVIDIA Tensor Core GPUs, Networking, and NVIDIA AI Enterprise Software SAN JOSE, Calif., March 19, 2024 /PRNewswire/ -- Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for AI, Cloud, Storage, and 5G/Edge, is announcing its latest portfolio to accelerate the deployment of generative AI. The Supermicro SuperCluster solutions provide foundational building blocks for the present and the future of large language model (LLM) infrastructure. The three powerful Supermicro SuperCluster solutions are now available for generative AI workloads. The 4U liquid-cooled systems or 8U air-cooled systems are purpose-built and designed for powerful LLM training performance, as well as large batch size and high-volume LLM inference. A third SuperCluster, with 1U air-cooled Supermicro NVIDIA MGX™ systems, is optimized for cloud-scale inference. "In the era of AI, the unit of compute is now measured by clusters, not just the number of servers, and with our expanded global manufacturing capacity of 5,000 racks/month, we can deliver complete generative AI clusters to our customers faster than ever before," said Charles Liang, president and CEO of Supermicro. "A 64-node cluster enables 512 NVIDIA HGX H200 GPUs with 72TB of HBM3e through a couple of our scalable cluster building blocks with 400Gb/s NVIDIA Quantum-2 InfiniBand and Spectrum-X Ethernet networking. Supermicro's SuperCluster solutions combined with NVIDIA AI Enterprise software are ideal for enterprise and cloud infrastructures to train today's LLMs with up to trillions of parameters. The interconnected GPUs, CPUs, memory, storage, and networking, when deployed across multiple nodes in racks, construct the foundation of today's AI. Supermicro's SuperCluster solutions provide foundational building blocks for rapidly evolving generative AI and LLMs." To learn more about the Supermicro AI SuperClusters, visit: www.supermicro.com/ai-supercluster "NVIDIA's latest GPU, CPU, networking and software technologies enable systems makers to accelerate a range of next-generation AI workloads for global markets," said Kaustubh Sanghani, vice president of GPU Product Management at NVIDIA. "By leveraging the NVIDIA accelerated computing platform with Blackwell architecture-based products, Supermicro is providing customers with the cutting-edge server systems they need that can easily be deployed in data centers." Supermicro 4U NVIDIA HGX H100/H200 8-GPU systems double the density of the 8U air-cooled system by using liquid-cooling, reducing energy consumption and lowering data center TCO. These systems are designed to support the next-generation NVIDIA Blackwell architecture-based GPUs. The Supermicro cooling distribution unit (CDU) and manifold (CDM) are the main arteries for distributing cooled liquid to Supermicro's custom direct-to-chip (D2C) cold plates, keeping GPUs and CPUs at optimal temperature, resulting in maximum performance. This cooling technology enables up to a 40% reduction in electricity costs for the entire data center and saves data center real estate space. Learn more about Supermicro Liquid Cooling technology: https://www.supermicro.com/en/solutions/liquid-cooling The NVIDIA HGX H100/H200 8-GPU equipped systems are ideal for training Generative Al. The high-speed interconnected GPUs through NVIDIA® NVLink®, high GPU memory bandwidth, and capacity are key for running LLM models, cost effectively. The Supermicro SuperCluster creates a massive pool of GPU resources acting as a single AI supercomputer. Whether fitting an enormous foundation model trained on a dataset with trillions of tokens from scratch or building a cloud-scale LLM inference infrastructure, the spine and leaf network topology with non-blocking 400Gb/s fabrics allows it to scale from 32 nodes to thousands of nodes seamlessly. With fully integrated liquid cooling, Supermicro's proven testing processes thoroughly validate the operational effectiveness and efficiency before shipping. Supermicro's NVIDIA MGX™ system designs featuring the NVIDIA GH200 Grace Hopper Superchips will create a blueprint for future AI clusters that address a crucial bottleneck in Generative Al: the GPU memory bandwidth and capacity to run large language (LLM) models with high inference batch sizes to lower operational costs. The 256-node cluster enables a cloud-scale high-volume inference powerhouse, easily deployable and scalable. SuperCluster with 4U Liquid-cooled System in 5 Racks or 8U Air-cooled System in 9 Racks 256 NVIDIA H100/H200 Tensor Core GPUs in one scalable unit Liquid cooling enabling 512 GPUs, 64-nodes, in the same footprint as the air-cooled 256 GPUs, 32-node solution 20TB of HBM3 with NVIDIA H100 or 36TB of HBM3e with NVIDIA H200 in one scalable unit 1:1 networking delivers up to 400 Gbps to each GPU to enable GPUDirect RDMA and Storage for training large language models with up to trillions of parameters 400G InfiniBand or 400GbE Ethernet switch fabrics with highly scalable spine-leaf network topology, including NVIDIA Quantum-2 InfiniBand and NVIDIA Spectrum-X Ethernet Platform. Customizable AI data pipeline storage fabric with industry-leading parallel file system options NVIDIA AI Enterprise 5.0 software, which brings support for new NVIDIA NIM inference microservices that accelerate the deployment of AI models at scale SuperCluster with 1U Air-cooled NVIDIA MGX System in 9 Racks 256 GH200 Grace Hopper Superchips in one scalable unit Up to 144GB of HBM3e + 480GB of LPDDR5X unified memory suitable for cloud-scale, high-volume, low-latency, and high batch size inference, able to fit a 70B+ parameter model in one node. 400G InfiniBand or 400GbE Ethernet switch fabrics with highly scalable spine-leaf network topology Up to 8 built-in E1.S NVMe storage devices per node Customizable AI data pipeline storage fabric with NVIDIA BlueField®-3 DPUs and industry leading parallel file system options to deliver high-throughput and low-latency storage access to each GPU NVIDIA AI Enterprise 5.0 software With the highest network performance achievable for GPU-GPU connectivity, Supermicro's SuperCluster solutions are optimized for LLM training, deep learning, and high volume and high batch size inference. Supermicro's L11 and L12 validation testing combined with its on-site deployment service provides customers with a seamless experience. Customers receive plug-and-play scalable units for easy deployment in a data center and faster time to results. About Super Micro Computer, Inc. Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are a Total IT Solutions manufacturer with server, AI, storage, IoT, switch systems, software, and support services. Supermicro's motherboard, power, and chassis design expertise further enable our development and production, enabling next generation innovation from cloud to edge for our global customers. Our products are designed and manufactured in-house (in the US, Asia, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling). Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. All other brands, names, and trademarks are the property of their respective owners. Photo - https://mma.prnasia.com/media2/2365342/Super_Micro_Computer_Inc.jpg?p=medium600 Logo - https://mma.prnasia.com/media2/1443241/Supermicro_Logo.jpg?p=medium600
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WEKA Unveils Powerful AI-Native Data Platform Appliance for NVIDIA DGX SuperPOD with NVIDIA DGX H100 Systems
CAMPBELL, Calif., March 19, 2024 /PRNewswire/ -- From NVIDIA GTC: WekaIO (WEKA), the AI-native data platform company, today unveiled WEKApod™: A powerful new data platform appliance certified for NVIDIA DGX SuperPOD™ with NVIDIA DGX H100 systems. The appliance integrates WEKA's AI-native data platform software with class-leading storage hardware to provide a ready-to-use, purpose-built environment for AI applications. Customers can deploy the WEKApod Data Platform Appliance as part of their NVIDIA DGX SuperPOD solution, helping them rapidly provision compute, storage, and networking resources and get their AI projects into production faster. Introducing WEKApod™ Certified for NVIDIA DGX SuperPOD™ With NVIDIA DGX H100 Systems The WEKApod Data Platform Appliance offers an exceptional, highly performant data management foundation for NVIDIA DGX SuperPOD deployments – a single cluster can deliver up to 18,300,000 IOPs. It also provides efficient write performance for AI model checkpointing, delivering superior training efficiency, scalability, enterprise-grade resiliency, and support for real-time applications. WEKApod delivers all the capabilities of WEKA's Data Platform software in an easy-to-deploy appliance for enterprise AI, generative AI, and GPU cloud customers. Key benefits include: Class-Leading PerformanceThe WEKA Data Platform's AI-native architecture delivers the world's fastest AI storage and exceptionally high performance for AI data pipelines. It ensures low latency regardless of file size and provides high levels of write throughput required by checkpointing operations to ensure business-critical continuity. Maximum Efficiency for Improved SustainabilityThe WEKA Data Platform provides increased performance density that lowers energy usage by maximizing space utilization, improving cooling efficiency, optimizing power distribution, and reducing idle energy consumption. This enables WEKA customers to decrease their carbon footprint by up to 260 tons of CO2e per petabyte stored.Further, the WEKA Data Platform delivers efficient storage access, ensuring that computational tasks, such as training and inference processes, are executed with maximum performance, reducing idle time and overall energy consumption. By efficiently utilizing resources and minimizing data movement, the WEKA platform helps lower the associated energy costs and the carbon footprint of AI deployments, enabling organizations to achieve sustainability and environmental goals while driving AI initiatives forward. Ultimate Choice of Deployment Options: On-Premises and in Hyperscaler, Hybrid, and GPU Clouds with the WEKA Data PlatformWEKA pioneered the concept of a software data platform for AI and high-performance computing in 2013 and was the first vendor to deliver a subscription software solution that could run on hardware from the world's leading server vendors and in all major hyperscale public clouds. Now, customers have a new way to consume WEKA Data Platform software on-premises for large-scale AI and GPU cloud deployments with WEKApod."WEKA is thrilled to achieve NVIDIA DGX SuperPOD certification and deliver a powerful new data platform option for enterprise AI customers," said Nilesh Patel, chief product officer at WEKA. "Study after study has shown enterprises are still struggling to move their AI initiatives from pilot to production, and others are still struggling to get started. Through this latest certification, we are providing a high-performance data infrastructure foundation to fuel the next wave of AI innovation. Using the WEKApod Data Platform Appliance with DGX SuperPOD delivers the quantum leap in the speed, scale, simplicity, and sustainability needed for enterprises to support future-ready AI projects quickly, efficiently, and successfully." "As enterprise AI adoption grows, organizations are seeking high-performance infrastructure to get their AI projects into production faster," said Charlie Boyle, vice president of DGX Systems at NVIDIA. "The WEKApod Data Platform Appliance certification for NVIDIA DGX SuperPOD gives enterprises a proven solution at data center scale for tackling the most complex AI workloads, powering their AI transformation." To learn more about the WEKApod Data Platform Appliance, certified for NVIDIA DGX SuperPOD, visit https://www.weka.io/wekapod. About WEKAWEKA is the AI-native data platform company setting the standard for AI infrastructure with the industry's only cloud and hardware-agnostic software solution for performance-intensive applications. The WEKA® Data Platform delivers unprecedented performance at scale. It transforms stagnant data silos into dynamic data pipelines that help enterprise AI, ML, and GPU workloads run faster and more efficiently, providing seamless data access on-premises, in the cloud, at the edge, and in hybrid and multicloud environments. WEKA helps hundreds of the world's leading enterprises and preeminent research organizations overcome complex data challenges to reach discoveries, insights, and outcomes faster – including 11 of the Fortune 50. Learn more at www.weka.io or connect on LinkedIn, X/Twitter, and Facebook. See why WEKA was recognized as a Visionary for three consecutive years in the Gartner® Magic Quadrant™ for Distributed File Systems and Object Storage - get the report. WEKA and the WEKA logo are registered trademarks of WekaIO, Inc. Other trade names used herein may be trademarks of their respective owners.
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Ubitus Unleashes Generative AI and Cloud Gaming Synergies in Asia with Investment from NVIDIA
TOKYO, March 19, 2024 /PRNewswire/ -- Ubitus K.K. (hereinafter Ubitus), a leading provider of cloud gaming technology and solutions, announced today that it has received new investment funding from NVIDIA. This announcement underscores the immense potential and accelerating demand for generative AI and cloud gaming across Asia and beyond. Pioneering Cloud Gaming Wide AdoptionUbitus has been at the helm of cloud gaming, breaking down entry barriers and offering gamers worldwide access to high-quality games without the need for high-end hardware. Ubitus' success is established on its expertise in managing high-computational applications in the cloud, delivering device-agnostic user experiences through native apps or browsers, managing one of Asia's largest GPU farms, and its ability to quickly adopt the latest technologies for customized solutions. These core competencies shall be equally instrumental in future generative AI and cloud gaming growth. Synergizing Generative AI and Cloud GamingUbitus has been collaborating with NVIDIA to build out its GPU cloud infrastructure. Prior to this investment, Ubitus was already a pioneer driving the adoption of generative AI solutions for customers across various industries, including gaming, media, entertainment and retail, based on key localized foundational models. The company's portfolio includes: UbiGPT: A bespoke, gaming-centric large language model (LLM) that powers a new era of interactive storytelling and game development, enabling games to offer unparalleled narrative depth and dynamic player engagement. UbiArt: An advanced graphic and video diffusion service that leverages AI to transform game visuals into stunning, lifelike art, elevating the aesthetic experience for gamers and creators alike. Ubi-chan: An innovative AI avatar platform, tailor-made for gamers and creators, offering personalized, interactive avatars that enhance online presence and community engagement. With support from NVIDIA's accelerated computing, Ubitus expects to further advance its solution offerings to customers. Promising Future GrowthUbitus' investment funding represents a pivotal moment in the advancement of generative AI and cloud gaming in Asia. By leveraging the strengths of NVIDIA, Ubitus is set to unlock new possibilities for AI creation, distribution, and consumption. As the company stands on the brink of a new AI dawn, the impact of its work will resonate across industries, geographies, and cultures, reshaping the digital landscape for future generations. About UbitusUbitus K.K. is a technology leader specializing in GPU virtualization, cloud solutions, and streaming platform. Our focus is on delivering exceptional cloud and AI services and values to customers. Leveraging the power of GPUs, Ubitus has developed a broad range of AI solutions, including UbiGPT (Taiwan LLM), Ubi Anchor (AI anchor), Ubi-chan (AI avatar), and UbiArt (image and video generation software). Ubitus is committed to delivering tailor-made solutions designed to meet the diverse requirements of customers in various industries. Ubitus' cloud gaming solution enables users to enjoy AAA gaming experiences across devices. Through our comprehensive Game Development Kit (GDK) and game library, we offer a one -stop solution and rapid deployment, catering towards international clients that are interested in cloud gaming. For Metaverse applications, Ubitus possesses extensive global cloud deployment resources to stream interactive media content for platform operators and digital content developers.
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Zepp Health Corporation Reports Fourth Quarter and Full Year 2023 Unaudited Financial Results
MILPITAS, Calif., March 19, 2024 /PRNewswire/ -- Zepp Health Corporation ("Zepp" or the "Company") (NYSE: ZEPP) today reported revenues of US$84.5 million (RMB0.6 billion); a basic and diluted net loss per share of US$0.005 (RMB0.03); and a basic and diluted net loss per ADS of US$0.02 (RMB0.14) for the fourth quarter ended December 31, 2023; adjusted basic and diluted net income per share of US$0.002 (RMB0.01); and adjusted basic and diluted net income per ADS of US$0.01 (RMB0.06). Each ADS represents four Class A ordinary shares. Mr. Wang 'Wayne' Huang, Chairman and CEO of Zepp, commented, "In the fourth quarter, we continued to make substantial progress in our strategic transformation, a journey characterized by both achievements and challenges. Our approach to balancing profitability with scale has yielded promising results, achieving a second consecutive quarter of profitability and reaching an all-time high in gross margin. These accomplishments demonstrated the strength of our product capability, along with the success of our branding and go-to-market strategy. As we conclude 2023, these accomplishments not only underscore our resilience and adaptability but also set a solid foundation for sustained growth and innovation in the years ahead." Wayne continued, "This quarter was also pivotal for us as we expanded and enhanced our product portfolio with significant launches that have notably elevated our market presence. Introducing the Amazfit Active and Amazfit Active Edge series represents a leap forward in our mission to blend sophisticated design with cutting-edge technology. The subsequent launch of our first smart ring, the Amazfit Helio Ring, at CES further underlines our dedication to providing advanced and accessible solutions that enhance well-being. These developments epitomize our commitment to delivering cutting-edge smart wearable healthcare solutions that go beyond meeting basic needs – they aim to inspire and bring joy to our users. Our efforts extend past hardware to include continuous advancements in the software, highlighted by the recent launch of Zepp OS version 3.5. This update integrates Zepp Flow™, a Natural-Language User Interface (LUI) powered by LLM AI, with our operating system, offering seamless natural language communication to provide users with exactly what they want. From setting an alarm, deactivating the 'always on' display feature to providing feedback on last night's sleep quality and analyzing the readiness score from the previous day's activities, and offering recommendations for improvement in the following day, all can be done by interacting with the watch using human natural language and without the need to memorize any predefined commands. These updates are pivotal in enhancing user interaction and underline our commitment to pushing the boundaries of what's possible in wearable technology." Mr. Leon Deng, Zepp's Chief Financial Officer, added, "Our financial performance in the fourth quarter closely aligned with our guidance, with sales revenue coming in at the lower end of our expectations. This was influenced by several external factors, including our strategic focus on profitability over scale and foreign exchange fluctuation. Despite these challenges, we achieved another record high gross margin, supported by the strong performance of our self-branded products and a favourable product mix. Meticulously managing our operating costs, we have maintained our disciplined approach to spending while continuing to invest in R&D and marketing to sustain our long-term competitiveness. In the fourth quarter, the Company recorded US$3.5 million valuation allowance of deferred tax asset, which is non-cash in nature and does not materially affect our operations. Although GAAP net loss was US$1.2 million with the Non-GAAP net profit of US$0.5 million, the adjusted EBIT for the fourth quarter of 2023 was US$4.0 million, while it was a loss of around US$7.4 million in the same period of 2022. We have managed our working capital efficiently, achieving a record low inventory level and further reducing our debt levels. Our cash balance remains at US$140.5 million, and we will continue to buy back stock under our share repurchase plan. As we reflect on the full year of 2023 and look ahead to 2024, these achievements highlight our commitment to operational excellence and strategic foresight while seizing future opportunities and driving further innovation in the wearable technology sector." Fourth Quarter and Full Year 2023 Financial Summary For the Three Months Ended For the Full Year Ended Number in millions, except for percentages and per- share/ADS amounts Dec. 31, 2023 Dec. 31, 2022[1] Dec. 31, 2023 Dec. 31, 2022[1] Revenue RMB 599.7 1,071.7 2,495.3 4,142.9 Revenue US$ 84.5 155.4 351.5 600.7 Gross margin 34.7 % 20.7 % 26.4 % 19.4 % Net loss RMB (8.3) (75.7) (212.6) (289.0) Net loss US$ (1.2) (11.0) (29.9) (41.9) Adjusted EBIT RMB[4] 28.2 (51.3) (142.9) (261.1) Adjusted EBIT US$ 4.0 (7.4) (20.1) (37.9) Net loss attributable to Zepp Health Corporation RMB (8.4) (75.5) (212.1) (288.3) Adjusted net income/(loss) attributable to Zepp Health Corporation RMB[2] 3.6 (60.3) (152.4) (239.2) Net loss attributable to Zepp Health Corporation US$ (1.2) (11.0) (29.9) (41.8) Adjusted net income/(loss) attributable to Zepp Health Corporation US$ 0.5 (8.7) (21.5) (34.7) Diluted net loss per share RMB (0.03) (0.31) (0.87) (1.17) Diluted net loss per ADS US$ (0.02) (0.18) (0.49) (0.68) Adjusted diluted net income/(loss) per share RMB[3] 0.01 (0.25) (0.63) (0.97) Adjusted diluted net income/(loss) per ADS US$ 0.01 (0.14) (0.35) (0.56) Units shipped in millions 2.1 4.5 12.1 20.3 [1] The US$ numbers in 2022 are referenced with the prior 6-K disclosures, where translations from RMB to US$ are made at a rate of RMB6.8972 to US$1.00, the effective noon buying rate on December 30, 2022 as set forth in the H.10 statistical release of the Federal Reserve Board. [2] Adjusted net income/(loss) attributable to Zepp Health Corporation is a non-GAAP measure, which excludes share-based compensation expenses. The tax effect from the adjustment of the Share-based compensation expenses is nil. See "Reconciliation of GAAP and Non-GAAP Results" at the end of this press release. [3] Adjusted diluted net income/(loss) is the abbreviation of adjusted net loss attributable to Zepp Health Corporation, which is a non-GAAP measure and excludes share-based compensation expenses attributable to Zepp Health Corporation, and is used as the numerator in computation of adjusted basic and diluted net loss per ADS attributable to Zepp Health Corporation. [4] Adjusted EBIT is a non-GAAP financial measure, which is defined as net loss, excluding (i) share-based compensation expenses, (ii) income tax (benefit)/ expense, (iii) interest income, (iv) interest expense. Fourth Quarter 2023 Financial Results Revenues Revenues for the fourth quarter of 2023 reached US$84.5 million (RMB0.6 billion), a decrease by 44.0% from the fourth quarter of 2022. The decrease was primarily due to the decrease in the sales of Xiaomi wearable products. Total units shipped in the fourth quarter of 2023 decreased by 53.3% year-over-year to 2.1 million, compared with 4.5 million in the fourth quarter of 2022. The decrease was mainly due to the decrease in the units of Xiaomi wearable products shipped. Gross Margin Gross margin in the fourth quarter of 2023 was 34.7%, compared to 20.7% in the same period of 2022. We reached another record-high quarterly gross margin since the third quarter of 2023, supported by the strong performance of our self-branded products and a more favourable product mix. Research and Development Expenses Research and development expenses in the fourth quarter of 2023 were US$11.3 million (RMB80.0 million), a decrease by 30.0% year-over-year. This accounted for 13.3% of revenues, compared to 10.7% for the same period in 2022. The decrease was as a result of our refined research and development approaches, as we consistently evaluated resource efficiency to ensure maximum return on investment and productivity. We are committed to investing in new technologies and AI to maintain our competitive edge against our peers. Selling and Marketing Expenses Selling and marketing expenses in the fourth quarter of 2023 were US$12.2 million (RMB86.5 million), a decrease by 30.9% year-over-year. This accounted for 14.4% of revenues, compared to 11.7% for the same period in 2022. The decrease was mainly due to our ongoing efforts to enhance retail profitability and optimize our mix of sales channels. This included detailed enhancements to our retail channels and strategic staff allocations across our sales territories. We are dedicated to making informed investments in marketing and branding to guarantee our continued development. General and Administrative Expenses General and administrative expenses were US$5.1 million (RMB36.5 million) in the fourth quarter of 2023, a decrease by 31.6% year-over-year. This accounted for 6.1% of revenues, compared with 5.0% in the same period in 2022. The decrease in absolute value was largely attributable to our personnel optimization efforts and strict administrative expense control. Operating Expenses Total operating expenses for the fourth quarter of 2023 were US$28.6 million (RMB203.0 million), a decrease by 30.7% year-over-year. Adjusted operating expenses, which exclude share-based compensation, were US$26.9 million (RMB190.9 million). We plan to continue our focus on cost efficiency in the forthcoming quarters. At the same time, we are dedicated to invest in R&D and marketing efforts, which are essential for maintaining our competitive edge over the long term. Operating Income/(Loss) Operating income for the fourth quarter of 2023 was US$0.8 million (RMB5.3 million), compared with operating loss of RMB71.0 million for the same period in 2022. The turnaround in operating profit was largely due to the improved gross margin of our self-branded products and reduced operating expenses. Net Income/(Loss) Net loss attributable to Zepp Health Corporation for the fourth quarter of 2023 was US$1.2 million (RMB8.4 million), compared with RMB75.5 million of net loss in the fourth quarter of 2022. The adjusted net income attributable to Zepp Health Corporation, which excludes share-based compensation expenses attributable to Zepp Health Corporation, was US$0.5 million (RMB3.6 million), compared with the adjusted net loss of RMB60.3 million for the same period of 2022. The adjusted EBIT for the fourth quarter of 2023 was US$4.0 million (RMB28.2 million), compared with the adjusted EBIT with a loss amount of RMB51.3 million in the same period of 2022. In the fourth quarter, the Company recorded US$3.5 million (RMB24.7 million) valuation allowance of deferred tax asset, which is non-cash in nature and does not materially affect our operations. Liquidity and Capital Resources As of December 31, 2023, the Company had cash and cash equivalents and restricted cash of US$140.5 million (RMB997.3 million), compared with RMB981.0 million as of September 30, 2023 and RMB973.3 million as of December 31, 2022. We generated positive cash flow from our operating activities for the sixth consecutive quarter. We also successfully reduced our total debt, including short-term and long-term bank borrowing balance by US$11.9 million (RMB84.3 million) in the fourth quarter (RMB96.2, RMB34.3 and RMB117.3 from first quarter to third quarter 2023, respectively), and we anticipate further reductions in our debt level in the upcoming quarters. The Company continued to manage its working capital and inventory efficiently and recorded inventory levels of US$84.9 million (RMB602.7 million) as of December 31, 2023, compared to RMB787.0 million as of September 30, 2023 and RMB1,021.9 million as of December 31, 2022. Share Repurchase Program Update The Company announced in its third quarter 2021 earnings release that the board had authorized a share repurchase program of up to US$20 million through November 2022. On November 21, 2022, the board authorized a 12-month extension of the Company's share repurchase program. On November 20, 2023, the board further authorized the Company to extend its share repurchase program for another 12 months. Pursuant to the extended share repurchase program, the Company may repurchase its shares in the form of American depositary shares and/or ordinary shares through November 2024 with an aggregate value equal to the remaining balance under the share repurchase program. As of December 31, 2023, the Company had used US$12.9 million to repurchase 5,051,736 ADSs. The Company expects to fund the repurchases under the extended share repurchase program out of its existing cash balance. Full Year 2023 Revenues Total revenues of 2023 reached US$351.5 million (RMB2.5 billion), a decrease of 39.8% from the full year of 2022. The decrease in total revenues mainly resulted from a 62.0% decline in the sales of Xiaomi wearable products. In 2023, self-branded products accounted for 74.2% of our total revenues, compared with 59.0% in 2022. Sales of our self-brand product decreased by 24.3% as compared with 2022. This was mainly caused by our strategic shift of focusing on profitability over scale. Total units shipped in the full year of 2023 decreased by 40.4% year-over-year to 12.1 million, compared with 20.3 million in the full year of 2022. This was mainly caused by a 43.6% decrease in the shipment of Xiaomi wearable products. Gross Margin Gross margin in the full year 2023 was 26.4%, 7.0 percentage points higher than 19.4% in the full year of 2022. The full year's higher margin was due to the improved gross margin of our self-branded products and largely driven by a better product mix especially on our new products introductions, partially offset by the decrease in the gross margin of Xiaomi branded products. Research and Development Research and development expenses for the full year 2023 were US$51.0 million (RMB361.8 million), a decrease of 30.0% year-over-year. The decrease was as a result of our refined research and development approaches, as we consistently evaluated resource efficiency to ensure maximum return on investment and productivity. Selling and Development Selling and marketing expenses for the full year 2023 were US$44.3 million (RMB314.6 million), a decrease of 31.7% year-over-year. This accounted for 12.6% of revenues, compared with 11.1% for the same period in 2022. The reduction in amount was mainly due to our ongoing efforts to enhance retail profitability and optimize our mix of sales channels. This included detailed enhancements to our retail channels and strategic staff allocations across our sales territories. We are dedicated to making informed investments in marketing and branding to guarantee our continued development. General and Administrative General and administrative expenses were US$26.6 million (RMB188.5 million) in the full year 2023, a decrease of 20.1% year-over-year. The decrease was largely attributable to strict administrative expense control. Operating Expenses Total operating expenses for the full year 2023 were US$121.8 million (RMB864.9 million), a decrease of 28.7% year-over-year. Adjusted operating expenses, which exclude share-based compensation expenses, were US$113.4 million (RMB805.2 million). We plan to continue our focus on cost efficiency in the upcoming year. At the same time, we are dedicated to invest in R&D and marketing efforts, which are essential for maintaining our competitive edge over the long term. Net Income/(Loss) Net loss attributable to Zepp Health Corporation for the full year of 2023 was US$29.9 million (RMB212.1 million), compared with RMB288.3 million in net loss in 2022. The adjusted net loss attributable to Zepp Health Corporation, which excludes share-based compensation expenses attributable to Zepp Health Corporation, was US$21.5 million (RMB152.4 million), compared with the adjusted net loss of RMB239.2 million for the same period of 2022. The narrowed net loss was largely due to the higher gross margin from our self-branded products and reduced operating expenses. The adjusted EBIT for the full year of 2023 was loss of US$20.1 million (RMB142.9 million), compared with loss of RMB261.1 million in 2022. In the full year of 2023, the Company recorded US$4.1 million (RMB29.1 million) valuation allowance of deferred tax asset compared to RMB35.2 million in 2022, which is non-cash in nature and does not materially affect our operations. Outlook For the first quarter of 2024, the Company's management currently expects net revenues to be between US$42 million (RMB300 million) and US$49 million (RMB350 million), compared with RMB645 million in the first quarter of 2023. This outlook is based on current market conditions and reflects the Company's current and preliminary estimates of market, operating conditions and customer demand, which are all subject to change. Conference Call The Company's management team will hold a conference call at 7:00 p.m. Eastern Time on Monday, March 18, 2024 (7:00 a.m. Beijing Time on March 19, 2024) to discuss financial results and answer questions from investors and analysts. Listeners may access the call by dialing: US (Toll Free): +1-888-346-8982 International: +1-412-902-4272 Mainland China (Toll Free): 400-120-1203 Hong Kong (Toll Free): 800-905-945 Hong Kong: +852-3018-4992 Participants should dial in at least 10 minutes before the scheduled start time and ask to be connected to the call for "Zepp Health Corporation". Additionally, a live and archived webcast of the conference call will be available at https://ir.zepp.com/investor. A telephone replay will be available one hour after the call until March 25, 2024 by dialing: US Toll Free: +1-877-344-7529 International: +1-412-317-0088 Replay Passcode: 9817240 About Zepp Health Corporation Zepp Health Corporation (NYSE: ZEPP) is a global smart wearable and health technology leader, empowering users to live their healthiest lives by optimizing their health, fitness, and wellness journeys through its leading consumer brands, Amazfit, Zepp Clarity and Zepp Aura. Powered by its proprietary Zepp Digital Management Platform, which includes the Zepp OS, AI chips, biometric sensors and data algorithms, Zepp delivers cloud-based 24/7 actionable insights and guidance to help users attain their wellness goals. To date, Zepp has shipped over 200 million units, and its products are available in more than 90 countries and regions. Founded in 2013 as Huami Corp., the Company changed its name to Zepp Health Corporation in February 2021 to emphasize its health focus with a name that resonates across languages and cultures globally. Zepp has team members and offices across North America, Europe, Middle East, Africa and Asia Pacific regions. Use of Non-GAAP Measures We use adjusted net income/(loss), a non-GAAP financial measure, in evaluating our operating results and for financial and operational decision-making purposes. Adjusted operating expenses represent operating expenses excluding share-based compensation expenses. Adjusted operating income/(loss) represents operating income/(loss) excluding share-based compensation expenses. Adjusted EBIT represents net income/(loss) excluding share-based compensation expenses, income tax (benefit)/expense, interest income and interest expense. Adjusted net income/(loss) represents net income/(loss) excluding share-based compensation expenses, and such adjustment has no impact on income tax. Adjusted net income/(loss) attributable to Zepp Health Corporation is a non-GAAP measure, which excludes share-based compensation expenses attributable to Zepp Health Corporation, and is used as the numerator in computation of adjusted net income/(loss) per share and per ADS attributable to Zepp Health Corporation. We believe that adjusted net income/(loss), adjusted EBIT and adjusted net income/(loss) attributable to Zepp Health Corporation help identify underlying trends in our business that could otherwise be distorted by the effect of certain expenses that we include in net income/(loss) and net income/(loss) attributable to Zepp Health Corporation. We believe that adjusted net income/(loss), adjusted EBIT and adjusted net income/(loss) attributable to Zepp Health Corporation provides useful information about our operating results, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect to key metrics used by our management in its financial and operational decision-making. Adjusted net income/(loss), adjusted EBIT and adjusted net income/(loss) attributable to Zepp Health Corporation, should not be considered in isolation or construed as an alternative to net income/(loss), basic and diluted net income/(loss) per share and per ADS attributable to Zepp Health Corporation or any other measure of performance or as an indicator of our operating performance. Investors are encouraged to review the historical non-GAAP financial measures to the most directly comparable GAAP measures. Adjusted net income/(loss), adjusted EBIT and adjusted net income/(loss) attributable to ordinary shareholders, presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to our data. We encourage investors and others to review our financial information in its entirety and not rely on a single financial measure. Exchange Rate The Company's business is primarily conducted in China. This announcement contains currency conversions of RMB amounts into US$ solely for the convenience of the reader. Unless otherwise noted, all translations from RMB to US$ are made at a rate of RMB 7.0999 to US$1.00, the effective noon buying rate on December 29, 2023 as set forth in the H.10 statistical release of the Federal Reserve Board. No representation is made that the RMB amounts could have been, or could be, converted, realized or settled into US$ at that rate on December 29, 2023, or at any other rate. Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under 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," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs 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: the cooperation with Xiaomi, the recognition of the Company's self-branded products; the Company's growth strategies; trends and competition in global wearable technology market; changes in the Company's revenues and certain cost or expense accounting policies; governmental policies relating to the Company's industry and general economic conditions in China and the global. Further information regarding these and other risks is included in the Company's filings with the United States Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law. For investor and media inquiries, please contact: In China:Zepp Health CorporationGrace Yujia ZhangEmail: ir@zepp.com Piacente Financial CommunicationsTel: +86-10-6508-0677Email: zepp@tpg-ir.com Zepp Health Corporation UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands of Renminbi ("RMB") and U.S. dollars ("US$") except for number of shares and per share data, or otherwise noted) As of December 31, As of December 31, 2022 2023 RMB RMB US$ Assets Current assets: Cash and cash equivalents 886,632 949,036 133,669 Restricted cash 86,708 48,282 6,800 Accounts receivable, net 682,103 431,159 60,727 Amounts due from related parties 138,614 61,098 8,605 Inventories, net 1,021,923 602,688 84,887 Short-term investments 34,316 36,586 5,153 Prepaid expenses and other current assets 108,252 119,931 16,891 Total current assets 2,958,548 2,248,780 316,732 Property, plant and equipment, net 100,605 63,397 8,929 Intangible asset, net 123,300 70,061 9,868 Goodwill 66,081 68,023 9,581 Long-term investments 1,686,628 1,693,611 238,540 Deferred tax assets 210,186 230,041 32,401 Amount due from a related party, non-current 6,333 20,954 2,951 Other non-current assets 50,389 68,852 9,698 Operating lease right-of-use assets 65,573 48,412 6,819 Total assets 5,267,643 4,512,131 635,519 Zepp Health Corporation UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands of Renminbi ("RMB") and U.S. dollars ("US$") except for number of shares and per share data, or otherwise note
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UL Solutions and SINAI Technologies Join Forces to Help Customers Enhance Decarbonization and ESG Performance and Reporting
A new agreement between SINAI Technologies and UL Solutions provides customers with access to more value-added solutions to meet their sustainability, decarbonization, and environmental, social and governance goals. NORTHBROOK, Ill., March 19, 2024 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, announced its agreement with SINAI Technologies Inc. to refer and promote the environmental, social and governance (ESG) solutions of each company, helping empower customers to meet their sustainability goals. UL Solutions announced its agreement with SINAI Technologies Inc. to refer and promote the environmental, social and governance (ESG) solutions of each company, helping empower customers to meet their sustainability goals. Many businesses are making concerted efforts to decarbonize their operations and entire value chain as concerns rise regarding extreme climate events. Under the agreement, SINAI will promote UL 360 to its customers and prospects, and UL Solutions will promote SINAI's carbon reduction platform to its prospects and customers. This agreement will provide customers with a more comprehensive approach to decarbonization. "There is a rising focus globally on utilizing and reporting on ESG and sustainability data to enhance ESG performance, meet requirements and satisfy stakeholder expectations," said Sean McCrady, vice president and general manager of Enterprise Sustainability at UL Solutions. "We are pleased to enter into this agreement with SINAI Technologies, which will help empower our customers to meet their sustainability targets and decarbonization goals." UL Solutions' UL 360 is a software-as-a-service solution under ULTRUS™, a new brand highlighting UL Solutions' software offerings that are designed to help customers improve the safety and sustainability of products while bringing them to market faster. UL 360 includes ESG and sustainability data management and reporting features, which help enable customers to meet reporting obligations and optimize ESG strategies. UL 360 features dedicated modules such as ESG disclosures, greenhouse gas and scope 3 emissions, which are emissions produced throughout a company's supply chain. SINAI's platform uses scopes 1, 2 and 3 and other emission data to help organizations reduce their carbon footprint by enabling them to run scenarios and find the most cost-effective pathways for reductions. "SINAI's carbon reduction strategies and scenario analysis tool provide our customers with more accurate carbon reduction strategies, combining financial and environmental data for powerful decision-making," said Maria Fujihara, founder and CEO of SINAI Technologies. "Combining our carbon know-how and UL Solutions' UL 360 software enhances the offerings for customers looking to achieve science-based targets and comply with regulatory disclosures. We're excited by the impact that this agreement will have on meeting our customers' carbon reduction goals, potentially even earlier than initially expected." About UL SolutionsA global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers' products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains, and grow sustainably and responsibly into the future. Our science is your advantage. About SINAI TechnologiesSINAI Technologies Inc. helps organizations build decarbonization strategies through its carbon reduction platform, which enables more intelligent carbon emission measurement, reporting, mitigation, and scenario analysis using science-based methodologies. To learn more, visit: www.sinai.com or follow us on Twitter @SINAICarbonTech or LinkedIn @SINAI Technologies Inc. Press contacts:Tyler KhanUL SolutionsULNews@UL.comT: +1 (847) 664.2139 Steven BrewsterUL SolutionsULNews@UL.comT: +1 (847) 664.8425 Photo - https://mma.prnasia.com/media2/2365291/UL_Solutions_and_SINAI_Technologies_Join_Forces_to_Help_Customers_Enhance_Decarbonization_and_ESG_Pe.jpg?p=medium600Logo - https://mma.prnasia.com/media2/1849892/UL_Solutions_Logo.jpg?p=medium600
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AV-Comparatives: The Importance of Using Certified Cybersecurity Products
INNSBRUCK, Austria, March 19, 2024 /PRNewswire/ -- In an era of ever-evolving cyber threats, selecting effective and reliable cybersecurity measures is paramount. AV-Comparatives, a world-renowned independent testing organisation, emphasises that integrating certified cybersecurity products into corporate and institutional defence mechanisms is not merely an option but a critical necessity. AV-Comparatives Certification Find a list of certified cybersecurity solutions (EPP; EDR, XDR, Mobile and other antivirus) on the AV-Comparatives website: https://www.av-comparatives.org/security-products-overview/ Evidence suggests that enterprises often face dire consequences following cyber-attacks due to employing subpar or untested security solutions. In this light, AV-Comparatives advocates for adopting products that have undergone thorough evaluation processes – ensuring a robust and verifiable security posture. Certifications: A Marker of Reliability and ExcellenceAV-Comparatives certification offers assurance that products have met stringent standards in malware protection, performance, and false-positive rates. Certified products receive the AV-Comparatives seal, denoting a level of quality that IT managers and Chief Information Security Officers (CISOs) can rely upon for their organisations' cybersecurity infrastructure. AV-Comparatives is ISO 9001:2015 certified for the scope of "Independent Tests of Anti-Virus Software". The AV-Comparatives AdvantageSelecting a certified product allows for: Comprehensive Protection: Certified solutions offer protection encompassing a wide range of known and emerging threats, reducing potential vulnerabilities. Performance Efficiency: Certification ensures that security does not come at the expense of system performance, maintaining operational integrity while safeguarding assets. Qualified Support: With certified products comes the expectation of reputable support resources that are steadfast in aiding organisational cybersecurity efforts. Independent and Analytical ExpertiseWith its independence from commercial affiliacies, AV-Comparatives provides unbiased, detailed, and actionable insights. Its rigorous testing methodology is mirrored in the confidence exuded by businesses that align their security strategies with its certifications. "Choosing cybersecurity solutions that haven't been vetted implies a rocky landscape for enterprise security. Opting for AV-Comparatives-certified products means stepping into a fortress of assurance mapped by rigorous testing and meticulous analysis. It's not merely a choice, it's the hallmark of prudence in digital protection." Comply with NIS-2AV-Comparatives helps organisations comply with NIS-2 by providing independent and objective assessments of the effectiveness and efficiency of cybersecurity products. By choosing certified products from AV-Comparatives, enterprises can demonstrate that they have taken due care in selecting the best-in-class solutions for their specific needs and environments. AV-Comparatives also offers customised testing and consulting services for analysts who require more tailored evaluations or guidance. ConclusionIn conclusion, deploying AV-Comparatives-certified cybersecurity products is an enterprise's strategic move towards achieving a fortified security landscape. Let this certification serve as a foundation upon which IT infrastructures can fend off cyber threats with assured competence. AV-Comparatives is dedicated to helping businesses navigate the complex cybersecurity ecosystem with authoritative guidance. We hold the beacon high for industry-tested, certified cybersecurity solutions, casting light on the path to digital safety. To stay informed on the latest findings and certifications, visit www.av-comparatives.org and build a security strategy backed by accredited excellence. About AV-ComparativesAV-Comparatives is an independent organisation providing systematic testing that checks whether security software, such as PC/Mac-based antivirus products and mobile security solutions, lives up to its promises. Using one of the largest threat collections worldwide creates a real-world environment for truly accurate testing. AV-Comparatives offers freely accessible results to individuals, news organisations, and scientific institutions. Certification by AV-Comparatives provides an official seal of approval for software performance, which is globally recognised. Contact:Peter Stelzhammermedia@av-comparatives.org+43512287788
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Plume Opens Office in Hyderabad, India
HYDERABAD, India and PALO ALTO, Calif., March 18, 2024 /PRNewswire/ -- Plume®, the creator of the world's first SaaS experience platform for communications service providers (CSPs), has opened its first office in India located in Hyderabad. Plume currently has more than 500 employees serving over 400 CSPs around the world. The new location is the first in India and the tenth office for Plume and will help to drive global expansion with communication service providers in the region and beyond. The new team will provide research and development across many technical disciplines including software engineering, data engineering, DevOps, and quality assurance (QA). Shrinivas Bairi, Vice President and Site Leader, will head the office. Bairi has previously held technology leadership positions at companies such as Intel and Qualcomm. "At the end of last year we announced a partnership with telecom leader Reliance Jio to serve over 200 million homes across India. Opening an office in Hyderabad is part of our commitment to growing this relationship and further expanding our local market presence is key to our long term vision," said Plume's Chief Development Officer, Kiran Edara. Edara added, "Additionally, we were attracted by the vibrant business landscape, rapidly growing startup ecosystem, and the highly educated and skilled talent pool. India has established itself as a center of excellence for software development, and the new Plume team will serve to drive global expansion for our customer base and our industry. Our colleagues here will be able to hit the ground running, joining with our current technology professionals to solve complex technical challenges at scale. We are excited about the possibilities that lie ahead as we continue to innovate and to create significant value for our business." The office in Hyderabad will serve as an extension for Plume's research and development teams, with a focus on software engineering roles across cloud, AI, web development, information security, and support. Plume is still actively recruiting for the new office and a list of available opportunities can be found here: Plume Job Opportunities About PlumePlume® is the creator of the world's first SaaS experience platform for Communications Service Providers (CSPs) and their subscribers, deployed in more than 60 million locations globally. As the only open and hardware-independent, cloud-controlled solution, Plume enables the rapid delivery of new services for smart homes, small businesses, and beyond, at massive scale. On the front end, Plume delivers self-optimizing, adaptive WiFi, cyber-security, access and parental controls, and more. CSPs get robust data- and AI-driven back-end applications for unprecedented visibility, insights, support, operations, and marketing. Plume leverages OpenSync®, an open-source framework that comes pre-integrated and supported on the leading silicon, CPE, and platform SDKs. Visit plume.com, plume.com/homepass, plume.com/workpass, plume.com/uprise, and opensync.io. Follow Plume on LinkedIn Media Contact: Matt Rosenberg corporatecomms@plume.com Plume, OpenSync, WorkPass, HomePass, Uprise, and Haystack are either trademarks or registered trademarks of Plume Design, Inc. Other company and product names are used for informational purposes only and may be trademarks of their respective owners.
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MORNING CHRONICLE: Successful Businessman and Chairman of the GSB Group of Companies, Mr. Josip Heit, Announces an International Media Conglomerate
LONDON, March 19, 2024 /PRNewswire/ -- GSB Gold Standard Corporation AG is one of the leading software and IT powerhouses in Europe. Josip Heit, Chairman of the GSB Group, has been in the process of forging an international media group for years. There will be 40 daily newspapers on all continents by the end of spring 2024, and 30 daily newspapers are already operational on all continents. The successful businessman and chairman of the GSB Group of Companies, Josip Heit, announces a global media conglomerate Here you can read the original press article:https://www.MorningChronicle.co.uk/Economy/282570-josip-heit-gsb-group-the-billionaires-success-and-the-announcement-of-an-international-media-conglomerate.html For many years, the public and media have been interested in Josip Heit, the Chairman of the Board of the GSB Corporate Group. Heit has demonstrated visionary leadership, strategic foresight, and an uncompromising dedication to quality throughout his career. Josip Heit has both practical and aspirational ideas for the GSB Group's future. He intends to advance a diverse and inclusive culture while expanding the company's reach into new markets and sustainable business practices. "By bringing together different perspectives, we can solve challenges in ways that we might not have thought of on our own. Because success is not an accident. It's about having a vision, clearly defining your goals, and then working towards them with passion and perseverance," says Mr. Heit. Heit is optimistic about the German media company's growth through the acquisition of these media titles. The company's scale is comparable to that of some of the biggest media organizations in the United States. About "GSB Group of Companies":Gold Standard Corporation AG (GSB) was founded in Germany in 2011 and specializes in the trading of minerals and precious metals worldwide. The implementation of blockchain technology enhances transparency, flexibility, and speeds up transactions.The GSB Group of Companies is a software and IT specialist, including brokerage companies and management companies. Retail clients can gain access to GSB's outstanding and unique platform solutions through service providers, ensuring the highest and most secure comfort for everyone to monitor, control, and manage related transactions in a unique environment. About Daily Newspaper "MORNING CHRONICLE":"MORNING CHRONICLE" was founded as a daily newspaper in London (United Kingdom of Great Britain and Ireland) in 1770 and was first published 253 years ago, making it 18 years older than The Times, which was first published in 1785. The legendary English writer and social critic Charles Dickens, who created some of the world's most famous novel characters, such as "Oliver Twist" and "David Copperfield," was employed as a journalist at the London daily newspaper "MORNING CHRONICLE" and wrote daily press articles under the pseudonym "Boz.""MORNING CHRONICLE" reports in its orientation as a liberal-conservative British daily newspaper, online in the following languages: English, Spanish, Portuguese, Italian, and French, mainly on daily political and economic topics from London, the United Kingdom of Great Britain and Northern Ireland, as well as Europe and the whole world. This makes "MORNING CHRONICLE" the only British daily newspaper that is published around the clock, seven days a week, in five languages in the United Kingdom of Great Britain and Northern Ireland. Contact:MORNING CHRONICLECecilia Roberts+447470869360info@morningchronicle.co.ukhttps://www.morningchronicle.co.uk
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EaseUS Online Vocal Remover v1.4.0 Takes a Milestone Step in Music Editing
NEW YORK, March 19, 2024 /PRNewswire/ -- EaseUS Online Vocal Remover is an AI-powered web-based tool that helps users remove vocals without losing quality and extract instrumentals like drums, bass, and pianos from a song on Windows, Mac, and any system. As one of the free vocal removers on the market, EaseUS Online Vocal Remover has been regarded as an invaluable tool in their toolbox. "What else can we do to elevate music lovers' listening experience to a new height, no matter whether they are beginners or professionals?" according to Jean Liu, Senior Content Editor at EaseUS, "We focus more on professional music editing to help you find song BPM, key, pitch easier." What's New to Expect in EaseUS Online Vocal Remover v1.4.0? Released on Feb. 27, 2024, EaseUS Online Vocal Remover highlights 3 main functions related to the song: key BPM finder, volume and speed changer, and pitch detector. Users can find these functions at first sight and use them when visiting its official page. In addition, to facilitate users worldwide, the UI also supports switching languages from English to 14 languages, including French, Japanese, Korean, Chinese, Russian, Portuguese, Spanish, Arabic, Turkish, Indonesian, Filipino, Italian, Thai, and German. Key Features of Easeus Online Vocal Remover EaseUS Online Vocal Remover is an easy yet powerful tool designed for music editing. What you may benefit from it include: Fast and Accurate Stem Separation by AI Its key feature - vocal remover, separates the music into stems, including vocals, bass, drums, and pianos with no distortion or artifacts. Users may then download and use these tracks to make acapella or karaoke. Now, it allows users to input audio from their device or copy and paste YouTube and SoundCloud links into it. Noise Reduction Without Lossing Quality With it, users can get rid of background noise in their audio and get studio-quality sound with a single click. Now, it supports multiple noise removal such as breathing sound, echo, wind noise, and popping noise. Any unwanted noise from audio can be removed in just a few seconds with no quality loss. Precise Beats Per Minute (BPM) and Key Finding You may detect the BPM and find the key of a song automatically using EaseUS Online Vocal Remover. It analyzes music and estimates pitch and tempo to help music enthusiasts, music professionals, and DJs mix harmonies, remix songs, make playlists at the same BPM, and understand music better. Quick Pitch Changing at No Cost It helps change the pitch of a song or increase or lower the pitch without downloading anything on your device. Anyone, singers or performers, content creators, or voice-over actors, can use this online pitch changer tool to instantly change your voice's pitch to add character to your voice. There is no need to pay a penny for pitch changing. Few Restrictions on File Size and Format EaseUS Online Vocal Remover is compatible with popular formats, for instance, MP3, MP4, WMA, FLAC, and M4A. There is no maximum file duration or size for its key BPM Finder and Pitch Changer. Anyone can use it repeatedly for free. Access and try the newly updated EaseUS Online Vocal Remover now:https://multimedia.easeus.com/vocal-remover/
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ICZOOM Announces Upgrade The Risk Control Of The SAAS System To Improve Service Quality And Security
HONG KONG, March 19, 2024 /PRNewswire/ -- ICZOOM Group Inc. (Nasdaq: IZM) (the "Company" or "ICZOOM"), a B2B electronic component products e-commerce platform, announced today that the Company has upgraded the risk control of its SAAS system to enhance its customer service capabilities and improve the quality and security of customer transactions. ICZOOM's electronic trading platform has undergone a system upgrade to provide a more secured trading environment for clients on the trading platform by improving the company's business risk deployment and control nodes. The update includes without limitation enhanced credential analysis on customers, behavior analysis on trading activities and adds-on of a number of risk control nodes. The Company believes that the update could significantly improve the security protection and efficiency of transactions for the customers, therefore advance the operation of the business. ICZOOM's CEO, Mr. Lei Xia, commented, "We are striving to help more small and medium-sized microelectronics enterprise customers purchase electronic components more conveniently, reduce procurement costs and improve procurement efficiency as well as enhancing the security protection by upgrading our own platform services. This system upgrade will help us build and consolidate our competitive advantage, and we intend to continue to invest in research and development, strive to improve the quality of our technology and services, and continue to create value for our shareholders." About ICZOOM Group Inc. ICZOOM Group Inc. (Nasdaq: IZM) is primarily engaged in sales of electronic component products to customers in Hong Kong and mainland China through its B2B e-commerce platform. These products are primarily used by China based small and medium-sized enterprises ("SMEs") in the consumer electronic industry, Internet of Things ("IoT"), automotive electronics and industry control segments. By utilizing latest technologies, the Company's platform collects, optimizes and presents product offering information from suppliers of all sizes, all transparent and available to its SME customers to compare and select. In addition to the sales of electronic component products, the Company also provides services to customers such as temporary warehousing, logistic and shipping, and customs clearance. For more information, please visit the Company's website: http://ir.iczoomex.com/index.html. Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "we believe," "we intend," "may," "should," "will," "could" and similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission. For more information, please contact: ICZOOM Group Inc. Investor Relations Department Email: investors@iczoom.com