Monthly Archives: August 2021

PR Newswire

AP Memory Joins the OpenCAPI Consortium

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HSINCHU, Aug. 6, 2021 — AP Memory Technology Corporation (AP Memory, TWSE: 6531), a leading provider of innovative DRAM and IP products for low-power IoT devices and high-performance computing systems, announced today that the company had joined the OpenCAPI Consortium, an open development community based on the Coherent Accelerator Processor Interface.  

AP Memory joins this growing roster of technology organization and works collaboratively to drive innovations in high-performance computing applications. Through the Consortium, members are developing on top of OpenCAPI, a high-performance coherent bus standard designed to help the industry to meet growing demands for advanced data center server, memory, accelerators, networking and storage technologies. With the OpenCAPI Memory Interface (OMI) specification, developers can enable high bandwidth data movement between memory and various hardware accelerators like FPGAs, GPUs, and ASICs to perform data-centric functions more efficiently than traditional systems.

AP Memory’s Very High-bandwidth Memory (VHMTM) technology aims to realize unprecedented high memory bandwidth at low energy per bit in advanced 3D ICs. The custom VHMCubeTM products fulfill the demanding request from AI and networking SoCs for the high-bandwidth and high-density near memory.

"Because memory bandwidth has been a critical challenge to advance hardware acceleration, the integration of our VHMTM technology and OMI bus will present a promising path to demonstrate competitive system performance for high-performance computing applications," said Chris Liu, Vice President and General Manager of AI Business Unit of AP Memory. "We are pleased to join OpenCAPI Consortium as a Contributor Level Member, working collaboratively with other industry leaders on developing innovative solutions to accelerate near-memory computing."

"The OpenCAPI Consortium is excited to welcome AP Memory," said Myron Slota, President of OpenCAPI Consortium. "Open Memory Interface, a subset of OpenCAPI technology, caters to solutions that rely heavily on near memory." To learn more about OpenCAPI and to view the complete list of current members, go to www.opencapi.org.  

About AP Memory Technology Corporation
AP Memory is a fabless DRAM and IP product company. As a world leader in Pseudo-SRAM, AP Memory delivers reliable solutions of low-pin-count ultra-low-power IoT RAM and high-performance derivative products. AP Memory is also the world-leading company in AI memory solutions, particularly for 3D IC. The headquarters is based in Hsinchu, Taiwan, with R&D centers in the US, Mainland China, Taiwan, and sales offices worldwide. For more information, please visit www.apmemory.com.

 

PR Newswire

Tolly Verifies Huawei’s CloudCampus Solution Leads the Industry in Five Critical Campus Network Capabilities

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NANJING, China, Aug. 6, 2021 — The Tolly Group, a world-renowned independent testing lab, recently released the comparative testing results of campus network solutions from leading vendors. The findings show that Huawei’s CloudCampus Solution leads the industry in five critical campus network capabilities: solution architecture, automated network management, intelligent Operations and Maintenance (O&M) and experience assurance, network security, and openness.

Intelligently connecting all things and migrating services to the clouds are two megatrends experienced by campus networks amid the ongoing enterprise digital transformation. Today’s enterprise CIOs and network managers struggle to ensure user and application experience in the face of ever-changing services.

Against this backdrop, Tolly designed 61 test cases, 27 of which are new, by following the principle of building an experience-centric campus network and revolving around the full network O&M lifecycle, from planning and construction all the way to maintenance and optimization. Under the same test environment, Tolly engineers strictly and comprehensively tested Huawei’s CloudCampus Solution and a comparable solution from another industry-leading vendor.

The test results verify that Huawei’s Cloud Campus Solution outperforms the counterpart by offering simpler architecture, higher level of automation, more intelligent O&M, stronger network-security convergence, and better openness for easy interoperability with third-party vendor offerings. With advantages in these five critical capabilities, Huawei’s CloudCampus Solution can help enterprises slash IT O&M time and investment. It can also assist enterprises to build user-centric networks for reduced user complaints, improved network stability and reliability, lowered O&M costs, and enhanced operational efficiency.

Kevin Tolly, Founder and CEO of the Tolly Group, said: "According to our comprehensive testing, we are impressed by the compelling features of Huawei’s CloudCampus Solution, such as one-stop management architecture, full-lifecycle automated management, and intelligent O&M. We believe that the Huawei solution will empower enterprises to seize new opportunities arising from digital transformation in the cloud era."

"We are thrilled that Tolly has conducted independent and rigorous testing on Huawei’s CloudCampus Solution. The Tolly test report is of great help for customers of all types and sizes to better understand Huawei’s CloudCampus Solution," said Li Xing, President of the Campus Network Domain, Huawei’s Data Communication Product Line. "Looking ahead, we will continue to follow our ‘fully wireless networking, one global network, cloud management, and intelligent O&M’ philosophy and provide customers and partners with the most advanced campus network products and solutions."

For more information, please download the full Tolly report at https://e.huawei.com/en/material/networking/campus-network/eca05e2f7a754b75b568fedbe5b64143.

To learn more about Huawei’s CloudCampus Solution, visit: https://e.huawei.com/en/solutions/business-needs/enterprise-network/campus-network.

Related Links :

http://www.huawei.com/cn

PR Newswire

Oraichain X Imba Games Studio – Traditional Gaming To Meet Advanced AI Blockchain Technology

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SINGAPORE, Aug. 6, 2021 — Oraichain, the world’s first AI-powered data oracle and ecosystem for blockchains, has announced a new strategic partnership with Imba Games Studio, a leading game development studio with over 14 million customers.

Oraichain x Imba brings a new simulation game Kawaii Islands to life with advanced blockchain and innovative AI technologies. Available this August.
Oraichain x Imba brings a new simulation game Kawaii Islands to life with advanced blockchain and innovative AI technologies. Available this August.

 

This incredible partnership marks Imba’s venture into crypto space and Oraichain’s first step to delivering its advanced technology to the world of GameFi – the gamification of financial mechanisms, including the emerging play-to-earn concept. Imba has been in the game industry for over 6 years and has produced several premium and enjoyable games that serve a wide variety of customers. Their most famous Kawaii series including Kawaii Home Design, Kawaii Mansion, and Kawaii Puzzle has more than 12M downloads on Google Play and App Store.

Imba will be the first game development studio to rely on innovative Blockchain and on-chain AI technologies that Oraichain provides to assist their players with a more dynamic and advanced gaming model and increased transparency of game assets. A new simulation game, Kawaii Islands, will come to life out of this collaboration, promisingly embracing all the companies’ high-quality and cutting-edge features.

An exclusive NFT Marketplace for Kawaii Islands game assets will be on aiRight, a complete system for AI x NFT x DeFi powered by Oraichain. 

Facilitating GameFi as an oracle, Oraichain provides Imba and future partners a complete set of AI Oracle features that enrich gaming experience, such as: 

  • Verifiable random function (VRF): securing and verifying issuance of rare items or determination of rarity rates.
  • NFT issuance and verification: minting and verifying NFTs for game assets with AI-based watermarking as origin proof.
  • AI price feeds: updating real-time price and exchange rates for cryptocurrencies and NFTs.
  • AI-based features: customizing AI models to enhance gaming experiences such as profile and character creation and strategy recommendation.

Oraichain also acts as an L1 blockchain with high transaction throughput and low transaction fees and helps bridge assets to Ethereum, BSC, Cosmos-based, and Substrate-based networks.

"Oraichain’s advancements in on-chain AI and blockchain have created a perfect environment for GameFi. The potential is unbounded," said Oraichain CEO, Dr. Chung Dao, who will also be a strategic advisor of Kawaii Islands.

Available soon on Kawaii Global, Google Play, and App Store. 

Oraichain: Website | GitHub | Twitter | Telegram | Medium  | aiRight  | yAI.Finance

Imba Games Studio: Website | Twitter | Youtube | Instagram | Discord 

Oraichain
contact@orai.io
+84-355-759-686

 

Related Links :

https://orai.io/

PR Newswire

Through its Smart Safety Management Platform, GSIL Promotes Joint Technology Commercialization with Top-tier Korean Construction Companies

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SEOUL, South Korea, Aug. 6, 2021 — GSIL, founded in 2013 as specialized company in smart safety management, is increasing its market share in the industrial safety market through active collaboration with top-tier Korean construction companies. GSIL, a member of Born2Global Centre, has recently been recognized for its technological prowess in Korea’s construction industry after entering into contracts with the Korea Land and Housing Corporation and Samsung Engineering to establish a smart safety management platform for construction sites, and signing MOUs for joint technology commercialization.

GSIL, Korea Land Housing Corporation, and Samsung Engineering CI
GSIL, Korea Land Housing Corporation, and Samsung Engineering CI

In the first stage of its market expansion GSIL will supply a smart safety management platform to construction sites of the Korea Land and Housing Corporation (LH).

During the first year, the company will install a smart safety management platform in LH pilot sites and then expand to all LH construction sites. GSIL will build a platform operation server that can support the operations of the general and regional headquarters, and construction sites, while strengthening safety control systems that monitor smart safety equipment, and worker safety in hazardous areas, and equipment training management in real time.

GSIL, together with Samsung Engineering, has also promoted the joint commercialization of a SaaS-based smart safety management platform that will quickly enter the smart safety management market.

In the division of effort between the two companies, GSIL is responsible for planning and development of an overall smart safety management platform, while Samsung Engineering’s focus is on investment for the development of the smart safety management platform, market development, and safety standards that are in line global standards.

The smart safety management platform is a mobile-based SaaS-type system that enables safety management across all work stages. Using mobile devices, workers generate and manage safety management data from work processes that must be performed daily.

Through a TBM (Tool Box Meeting) platform, workers can recognize and proactively respond to potentially dangerous situations in the workplace.

GSIL has provided its IoT smart safety systems to construction and industrial sites; the company has been recognized for its technological prowess in related industries, and expects its growth to continue. For the first time as a startup, GSIL acquired New Excellent Technology (NET) No. 828, which is a technology certification related to construction, from the Ministry of Land, Infrastructure and Transport and NET No.2019-5, which is a technology certification related to disaster prevention, from the Ministry of Public Administration and Security. As such, the company was recognized for its technology excellence and field applicability.

Meanwhile, GSIL is building and operating its smart safety system at construction sites of the Gangwon Headquarters of the Korea National Railway and Korea Midland Power. In addition, the company is discussing system application and collaboration plans for Kuwait Motor Town, South Saad Al-Abdullah Smart City, the Los Angeles Metro construction project in the US, Long Son Petrochemical and AISTV in Vietnam, and a power plant in Indonesia.

For more detailed information on GSIL, visit http://www.gsil.net/.

Media contact
GSIL: jane@gsil.kr
Born2Global Centre: jlee@born2global.com

PR Newswire

LAIX Inc. Announces Formation of Special Committee

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SHANGHAI, Aug. 6, 2021 — LAIX Inc. ("LAIX" or the "Company") (NYSE: LAIX), an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning, today announced that its board of directors (the "Board") has formed a special committee (the "Special Committee") consisting of two independent directors, Dr. Li-Lan Cheng, who will serve as the chairman of the Special Committee, and Ms. Min (Jenny) Zhang, to evaluate and consider the previously announced preliminary non-binding proposal letter dated August 4, 2021 (the "Proposal").

The Board cautions the Company’s shareholders and others considering trading the Company’s securities that no decisions have been made with respect to the Proposal. There can be no assurance that any definitive offer will be received, that any definitive agreement will be executed relating to the transaction contemplated by the Proposal, or that the transaction contemplated by the Proposal or any other similar transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to any transaction, except as required under applicable law.

About LAIX Inc.

LAIX Inc. ("LAIX" or the "Company") is an artificial intelligence (AI) company in China that creates and delivers products and services to popularize English learning. Its proprietary AI teacher utilizes cutting-edge deep learning and adaptive learning technologies, big data, well-established education pedagogies and the mobile internet. LAIX believes its innovative approach fundamentally transforms learning. LAIX provides its products and services on demand via its mobile apps, primarily its flagship "English Liulishuo" mobile app launched in 2013. On the Company’s platform, AI technologies are seamlessly integrated with diverse learning content incorporating well-established language learning pedagogies, gamified features and strong social elements to deliver an engaging, adaptive learning experience. LAIX provides a variety of courses inspired by a broad range of topics and culture themes to make English learning more interesting and is committed to offering a fun, interactive learning environment to motivate and engage its users.

For more information, please visit: http://ir.laix.com.

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," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue" or other similar expressions. LAIX may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about LAIX’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a variety of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: LAIX’s goals and strategies; LAIX’s future business development, results of operations and financial condition; the expected growth of the education market; LAIX’s ability to monetize the user base; fluctuations in general economic and business conditions in China; the potential impact of the COVID-19 to LAIX’s business operations; PRC governmental policies, laws and regulations relating to the Company’s industry and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries, please contact:

LAIX Inc.
Jiazhuo Zheng
Investor Relations
E-mail: ir@laix.com

The Piacente Group Investor Relations
Brandi Piacente
Tel: +1-212-481-2050
E-mail: liulishuo@tpg-ir.com

Emilie Wu
Tel: +86-21-6039-8363
E-mail: liulishuo@tpg-ir.com

Related Links :

http://www.liulishuo.com

Editorial, Lifestyle, News, Podcast

Tech & Tonic S02 Episode 22 Streaming vs Blockbuster Releases

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This week in Tech & Tonic Podcast we covered a few things. That was also because there was major launch that went a little under the radar last week. HUAWEI launched their new HUAWEI P50 flagship and surprisingly it comes with a Qualcomm Snapdragon chip within its newly designed body.

It was also such a quiet launch that plenty of news outlet did not really pick up the event or talk about the device in-depth. On that note though, the device looks to be a subtle update from the HUAWEI P40 series too and is set to be only available in China for now, maybe that is why no one picked it up. If it is just a minor update to the P40 series with Harmony OS 2.0 in tow though, what took them so long to release the highly anticipated device?

At the same time, AMD launched a new GPU at the lower end of the power spectrum. They released the AMD Radeon RX 6600 XT GPU. They will not be making the card on their own though, rather the GPU will only be available from its board partners. It is not exactly cheap either, despite its more budget friendly pricing over its higher-end siblings. So why would they do that?

Scarlett Johansson got Disney into a pickle last week. She filed a lawsuit against the entertainment giant for breach of contract over the launch and release of Black Widow in theatres and Disney+ Premiere a week or so ago. According to the lawsuit, the actress’ contract was not renegotiated for release on Disney’s own streaming platform.

This brings us back to the question we had when Disney+ was coming to Malaysia; are we paying too much for streaming services? With Disney+ Premiere, we could easily be paying even more for the latest movies and blockbusters. But the lawsuit also puts a lot of things into perspective for us enjoying these services because it also happened to platforms like Spotify.

We started thinking about how are the actor’s pay managed by the streaming services. At the same time, we are already paying for multiple streaming services at this time because they all offer different exclusives. How much is too much for these exclusive contents though? Would it make sense for us to go back to cable TV in this case? Maybe, maybe not, but we discuss all this in today’s episode of Tech & Tonic Podcast.

Lifestyle, Mobile, News

YouTube Premium Lite Subscription Appears In Europe

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Ads can be a pain especially when they interrupt your content. Of course, this was undoubtedly one of the reasons behind the introduction of YouTube Premium. The service launched in Malaysia a few years back but it looks like YouTube might be making that ad-free experience a little more accessible with a lower-priced tier.

YouTube Premium Lite, as the new tier is called, seems to be a scaled-back version of YouTube Premium. The Premium Lite plan does away with a lot of the added features you get with YouTube Premium. “Scaled back” back be a little bit of an understatement. The Premium Lite plan does one thing and one thing only – remove ads.

ResetEra jelmerjt YouTube Premium Lite
Source: jelmerjt on ResetEra

The plan has been seen in certain countries in Europe. It was initially reported by a user on ResetEra. YouTube has since confirmed the plan in a statement to TheVerge in which the company. The plan is currently available “In Nordics and Benelux (except Iceland)” and “costs €6.99/month (or local equivalent per month)”.

Keep in mind that YouTube Premium also brings along features such as background play, access to YouTube Music in addition to ad-free playback. Subscribers are also able to access YouTube Premium content which includes originals and exclusive Premium only events. Most recently, YouTube Premium subscribers were invited to a post-premiere party with Andy Grammer following the release of his latest single “Lease on Life”. YouTube Premium costs €11.99 a month in Europe and is available for MYR17.90 a month in Malaysia.

There’s no word just yet on whether the new YouTube Premium Lite plan will be rolling out to other regions. However, based on the pricing in Europe, we expect that pricing in Malaysia will be about MYR10.90 to MYR11.90 if it rolls out in Malaysia.

PR Newswire

“Who Wants to be a Dirty Finance Billionaire” Contest Launched Promoting Passive Income and Innovative NFT Blockchain Technology

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LONDON, Aug. 6, 2021 — Dirty Finance, an NSFW cryptocurrency formed in April 2021, has announced their "Who Wants To Be a Dirty Finance Billionaire" contest in support of the Dirty Finance staking and farming technology launch. 

The contest is prominently featured in a late night New York City Times Square Billboard campaign proclaiming "The Secret Word is…DirtyFinance.com"

Information on how to join the contest is available on their official "Safe For Work" contest website DirtyFinance.com.

The 18+ only contest starts Friday, August 6th, 2021 and ends Wednesday August 18th, at 11:59PM UTC.

Prizes include the grand prize of 1 Billion Dirty tokens, in total worth roughly $1,250 USD based on the price at CoinMarketCap.com at time of release, including access to a VIP Dirty Finance Billionaire’s telegram chatroom, and an online meeting with Dirty Finance NFT and Maxim Model Arielle Raycene. 

Ten lucky winners will receive 100 Million of the cryptocurrency’s Dirty tokens, and all winners receive collectible and rare limited edition Dirty NFTs.

Winners will be selected randomly using a third party software, and contestants can earn 100+ chances to win by completing online assignments on how the Dirty Finance ecosystem works, learning to stake Dirty tokens, and promoting the launch and contest.

Part of a planned Dirty Finance Ecosystem, farmers and stakers will be able to use  earnings to buy rare and collectible NFTs, and in the near future to play online gambling games, and make real world purchases.

"We’re using the concept of the NFT artistically, but we’re also empowering the NFT with innovation such as within an online casino we’re developing, which we hope to be profitable and provide value to our token holders." says Billy Wizz, founder of Dirty Finance.

According to https://www.statista.com, the online gambling business is forecasted to nearly double from $58.9 Billion US dollars in 2019, to a projected $92.9 Billion in 2023.  Along with Dirty.Finance’s current deflationary tokenomics, a keen focus on ROI driven opportunities such as the proposed online casino aims to take full advantage of the benefits of smart contracts and blockchain finance and technology in entertainment.

More information is available on the Dirty Finance Medium.com blog, and 24-7 multilingual live support is available on the Official Dirty Finance Telegram Chat Room, where questions can be answered by the developers and admins directly.

Computers, Gaming, News

AMD’s Ryzen 5000 CPUs with Integrated Graphics are Finally Available from MYR 1,239 onward.

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Gaming is expensive, let us all face that fact for a moment. We, techENT, are gamers and we love to game. We also love new gaming gear and hardware. We loved it when AMD launched their new Ryzen 5000 series processors and took over as the king of gaming processors. We loved NVIDIA’s new very powerful GPUs in the form of their next generation GeForce RTX 30 series Ampere architecture. What we talk less about though is the cost of gaming.

While all the new stuffs are great and amazing, we always forget that these powerful hardware come at a price. With the global chip shortage issue, prices become even more exaggerated. An example of this would be the prices of an NVIDIA GeForce RTX 3070 GPU in the market these days at around MYR 5,000 a piece. You can buy a new pre-built PC for that kind of money. If you have not checked out Acer’s Predator Orion 3000 for that matter, that pre-built is a steal at MYR 6,899 compared to building your own system at this time.

With prices and availability of GPUs soaring as high as MYR 16,000 these days, building a ‘budget’ gaming rig may not be so pocket friendly after all. There is a solution, however. What if you cut out the most expensive part of your PC build? What if you exclude a GPU in your gaming build?

Now we hear questions like; “but is the GPU not the most important part of a gaming build?”, and “how are we to game without a GPU? Are you nuts?”. Hear us out. You can still build your PC with a GPU, just not with a huge GPU that is hanging from your PCIe slot. It is a GPU that is also integrated with your CPU, and APU (Accelerated Processing Unit, if you must know).

586681 vermeer 01 0017 alpha
Source: AMD

AMD has just released their next generation Ryzen 5000 G-series processors announced earlier this year in COMPUTEX, AMD Ryzen Zen 3 architecture processors with integrated Radeon VEGA graphics built into the CPU itself. That also means that you technically can solely rely on the AMD Ryzen chip for graphical requirements. In practical terms, you do not strictly need a separate GPU to get your PC to boot and run properly.

The AMD Ryzen 5000 G-series APUs comes in two flavours too. You can either choose between an AMD Ryzen 5 5600G or an AMD Ryzen 7 5700G. Of course, the AMD Ryzen 7 5700G would be the more powerful of the two packing more cores than the Ryzen 5. Both of them comes with AMD’s Radeon graphics power integrated within the chip as well.

AMD Ryzen 7 5700G

21824702 A AMDRyzen7 wGraphics 3DPIB LEFT ROW
Source: AMD

The new AMD Ryzen 5700G with Zen 3 architecture comes with 8 cores and 16 threads, pretty much similar to its non-G-series counterpart, the Ryzen 7 5800X. Like its more premium counterpart, it also clocks at 3.8GHz at its base. There are differences between the two though. It only boosts up to 4.6GHz, compared to 4.7Ghz, for example. The APU is also built to draw less power at 65W compared to 105W. It also packs an extra 8 Radeon Compute Units (CU) that clocks at 2.0GHz, which is amazing if you think about it. It draws less power than the AMD Ryzen 7 5800X powerhouse, but it also packs its own graphics processing ability.

AMD Ryzen 5 5600G

21820167 A AMDRyzen5 wGraphics 3DPIB RIGHT ROW
Source: AMD

At a more budget conscious range is the AMD Ryzen 5 5600G. It still packs a lot of power though from its 6 cores and 12 threads. It is also clocked a little higher than its Ryzen 5 5600X counterpart, at least on its base clock at 3.9GHz compared to 3.7GHz. It tops out at 4.4GHz though instead of the 4.6GHz of its CPU counterpart. With an additional 7 Radeon CU, the AMD Ryzen 5600G APU also only draws up to 65W in power, which is quite an amazing feat too in its own rights.

Full HD Gaming

Ryzen 5000 G Series Channel Desktop Press Deck 20210720 Page 06
Source: AMD

Of course, integrated graphics (IGP), you might need to adjust your expectations in gaming performances. If you are on a tight budget, you most likely will not be getting one of those 1440p displays with 165Hz refresh rate. You probably will be looking at Full HD displays that goes to 144Hz at the maximum. You would be happy to find that AMD’s Ryzen 5000 G-series APUs are more than capable at running modern titles at more than 100 fps in some cases. Games like League of Legends and Counter-Strike: Global Offensive (CS:GO) easily goes over 100fps in Full HD (low) settings with the APU. At the same time, you do want to tamper with your settings a little to accommodate to the relatively less powerful integrated GPU.

Prices and Availability

The good news in all this is that this is also even more budget friendly than its X-series counterparts. The AMD Ryzen 5 5600G is retailing at MYR 1,239, while the AMD Ryzen 7 5700G retails for MYR 1,639. The AMD Ryzen 5000 G-series is now available from AMD’s local retail partners nationwide and on AMD’s own online store.

PR Newswire

Shipsy brings Deb Deep Sengupta as their Board Advisor

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– Deep brings more than two decades of technical experience with a specialization in driving enterprise-wide transformations

– His onboarding will help the company execute key strategies and business decisions to march ahead with its expansion plans

GURUGRAM, India, Aug. 6, 2021 — Shipsy, a leading SaaS-based intelligent supply chain and logistics solutions provider, has announced the onboarding of Deb Deep Sengupta as its Board Advisor. This comes as a major development for the company proactively involved in expanding and expediting its international outreach.

Deb Deep Sengupta, Board Advisor, Shipsy
Deb Deep Sengupta, Board Advisor, Shipsy

Deep is a Senior Executive with more than 25 years of experience in the technology industry having spent his career with global companies like HP, IBM & SAP. He has a proven track record of driving enterprise-wide transformations and was instrumental in the success of SAP in India & South Asia for close to two decades. During this period, SAP acquired around 14,000 clients and built a network of 500+ partners. He has been personally involved in some of the largest Digital Transformation projects such as Reliance and Tata.

Deep served as the President & Managing Director of SAP India & South Asia from 2015 to 2020. During his tenure, SAP India was voted as the No.1 "Best Places to Work in India," by Great Places to Work for two consecutive years. Under his leadership, SAP India was one of the fastest growth regions globally, winning the "Top Performing Region of the Year of Asia" in 2016 and 2018. It also won the "Golden Peacock" award by the Ministry of Skill Development in 2019 for its social contribution to improving digital literacy among rural women and youth through the Code Unnati program.

Deep is now a Board Advisor to Venture backed SaaS companies as well as an Early Stage Investor.

Commenting on the onboarding, Soham Chokshi, CEO & Co-Founder of Shipsy, said, "Going forward, we need a strong suite of advisors to drive our growth at a global stage. With a strong command over technology and organization building, Deep will be a valuable asset to our team. We are delighted to have him on board and look forward to building stronger roots and expediting our global expansion efforts."

The Gurugram-based smart logistics management company has been aggressively charging towards its expansion goals. Shipsy has made several leadership hirings and increased its talent pool by almost 25% this year. They have also recently set up their regional headquarters in Dubai.

About Shipsy:

Shipsy is an end-to-end Saas-based supply chain and logistics management platform. Founded in 2015 in Gurugram, the company leverages AI and big data to design and develop low-code SaaS solutions to improve operational efficiency across Manufacturing, QSR, Retail, CEP, and Global Trade. The brand has its regional headquarter in Dubai (UAE). Last year the company raised USD 6 Mn in Series A round led by Sequoia Capital India’s Surge and existing investor Info Edge.

Media Contact : media@shipsy.io | +91-9867999866