Wushu lovers, do you really get Wushu?

BEIJING, Aug. 11, 2023 /PRNewswire/ — A news report by China.org.cn on Chinese Wushu:

The Chengdu 2021 FISU World University Games has come to a successful closure. In retrospect, we could see that the event depicting the most vivid Chinese characteristics is the Wushu (martial arts) event. Wushu masters from all over the world stepped into the arena against Chinese-style background music, donning splendid traditional Chinese attires, and bringing their best game like high-spirited heroes. Nanquan (Southern fist), Taijiquan (Taichi Chuan), Wushu Sanda (martial arts free fighting) … The electrifying routines of these athletes seem to have brought audiences into a wuxia world appropriated by popular Chinese fiction and film, presenting the charm of Chinese Wushu.

In fact, just like combat sports from other countries, the art of Wushu could be traced to prehistoric times when it was practiced as a form of combat. However, the features of Chinese culture endowed Wushu with unique “charisma” and traits.

Traditional Chinese culture was deeply rooted in agrarian civilization. Several millennia ago, Chinese ancestors observed celestial movements and the sundry geographies on this vast land, and perceived that the universe and everything in it formed a dialectical relationship, a philosophy that makes humanity and nature at one. On such philosophical soil sprouted Chinese Wushu.

The elements of Taijiquan, including motion and stillness, emptiness and fullness, opening and closing, capture the interplay of the universe’s yin and yang binary. In China, when martial arts practitioners compete with each other, they abide by the notions of “skilled competition over power tussle” and “refrain from causing actual harm.” During a fight-off, one would answer high moves with lower moves, respond to speed with slower motions, and repay strength with softness, which are, in a nutshell, the embodiment of the Confucian philosophy of “harmony in diversity,” one that tends to convert any discordancy to harmony. Therefore, the essence of Chinese Wushu lies in oppressing violence and aiding the weak, instead of fueling the belligerent or bullying the powerless. “Truly great martial arts are against violence, and genuine combats are not about fighting,” the idiom expresses the gist of Chinese Wushu.

Wushu has developed over millennia, deriving many genres. Weapons like dao (broadsword), jian (sword), gun (cudgel) and qiang (spear) are used, and there are also barehanded Wushu genres like Taijiquan, Xingyiquan and Yongchunquan (Wing Chun), all of which embody the philosophy of harmony and togetherness.

China Mosaic hasn’t introduced any specific Chinese culture for you in a long time. Today we’re talking about Chinese Wushu because it is a beloved topic of many international friends, among whom many wonder if it’s true that every Chinese knows Kungfu? Here’s the thing: Not every one of us has learned Wushu or knows Kungfu. But, Wushu is indeed an epitome of the overarching Chinese mindset. The traditional cultural elements that find themselves in Wushu shape the Chinese people in many ways, while influencing the ideas and values that China adheres to when interacting with other parts of the world.

When youngsters from all around the globe learn and perform Wushu, they are actually in a process of understanding Chinese culture and approaching the Chinese people. Nurturing one’s soul and cultivating one’s character, making more friends, while pursuing the shared beauty of harmony through Wushu, is a culture that originates from China but belongs to the world.

China Mosaic 
http://chinamosaic.china.com.cn/index.htm

Wushu lovers, do you really get Wushu?
http://www.china.org.cn/video/2023-08/11/content_101253784.htm

Downfall Vulnerability in Intel Chips Raises Security Concerns

A recently discovered vulnerability in Intel chips, named “Downfall,” has the potential to expose millions of users to cybersecurity threats. Cybersecurity researcher Daniel Moghimi, who is associated with the University of California and Google, discovered the major vulnerability. The vulnerability affects a large number of Intel chips produced over the last decade.

Intel Core

The vulnerability centres around the ability of malicious programmes to access data belonging to other applications. Therefore, it poses significant risks to user privacy and security. At the core of “Downfall” is the exploitation of the “register buffer” feature present in modern processors. With it, processors are able to optimise certain operations for faster execution. 

What Is a Register Buffer?

Imagine a computer processor as a super-fast brain that helps your computer think and do tasks quickly. This brain needs to remember things temporarily while it is working, just like you might jot down a few things on a sticky note while solving a puzzle. The “register buffer” is like that sticky note – it is a temporary data storage place in the processor where it keeps important information for a short time to help with tasks. Sometimes, the processor may also keep sensitive information like passwords in the register buffer. 

So here is the catch: if a hacker finds a way to look inside this register buffer, they might see your password or other sensitive information they’re not supposed to have access to. So, the “Downfall” vulnerability is like discovering a hidden crack in the wall next to the shelf where the processor keeps its sticky note. If someone figures out how to use that crack to take a peek at the content of the sticky note, they could get their hands on sensitive information such as your online bank password and more. 

The Potential Impact of Downfall

As you can see, the impact of this vulnerability is far-reaching, particularly for the cloud computing industry. Many servers are using similar setups built on Intel and AMD processors to run workloads, it stands to reason that since the vulnerability affects a swatch of processors, these cloud setups and the businesses that use them could be at risk of a major breach. If these servers are susceptible to Downfall, hackers could have a field day, stealing sensitive information from high-profile organisations worldwide.

According to Intel exploiting this flaw is not exactly a walk in the park. While Intel acknowledged the issue, they mentioned the discovery of “Downfall” happened under very specific conditions – not exactly what hackers encounter in the real world. Newer Intel chips, including Alder Lake, Raptor Lake, and Sapphire Rapids, are reportedly not susceptible to this vulnerability. You may check for the full list of affected devices here.

Preventing Vulnerability and Mitigation Strategy

Intel has released a microcode fix to patch up this vulnerability. While Intel claims that most workloads will not slow down, some specific activities such as heavy data processing might be affected. So, the trade-off here is between keeping your data safe and not compromising device performance.

The discovery of the Downfall vulnerability in Intel chips is a significant concern for cybersecurity. It showcases the delicate balance between performance optimisation and security, highlighting the need for continuous vigilance and adaptation in the rapidly evolving tech landscape.

Meta Empowers Businesses to Leverage AI & Insights for Business Messaging

There’s no denying that businesses that fail to engage with their customers are doomed to stagnate and eventually die. As a matter of fact, Meta reports that over 1B people are regularly engaging with businesses on Meta platforms. This number isn’t industry specific either, it covers over 55% of every industry.

Meta Business Messaging 2
Source: Meta Malaysia

Meta continues to innovate on its platforms to allow businesses to leverage them to drive business objectives. Platforms like WhatsApp, Instagram and Facebook continue to be some of the most valuable touchpoints for businesses as it brings a mix of familiarity and proximity to both sides. It also allows businesses to leverage these aspects to build a persona and personality to better relate to its target audience. Recognising these factors, Meta has continually been innovating to allow businesses to leverage its platforms and the latest in technologies that complement them.

Leveraging AI to Ensure Platform Safety and Innovate to Empower Businesses

The latest to join the suite of tools is Artificial Intelligence. That’s not to say that Meta hasn’t used AI before. In fact, Facebook integrated AI into its timeline back in 2006. However, with the surge in interest when it comes to Generative AI, it is quickly becoming more apparent that we are indeed in AI 2.0.

Meta Business Messaging 1
Source: Meta Malaysia

Using the new advances in AI technology, Meta has quickly adapted to address newer trends and incorporate these advances to drive better results with less data. This also comes in the wake of a growing number of regions and countries clamping down on data privacy and security. The incorporation of Machine Learning algorithms and newer AI 2.0 advancements have led to 82% of hate speech being removed through automated means on platforms like Instagram and Facebook.

Meta is also implementing new algorithms that are created to use less data to deliver comparable or better results for businesses. To date, these algorithms have delivered a 20% increase in conversions for businesses leveraging them. With these algorithm’s working in the background, it falls to businesses to leverage them to drive business outcomes.

Business Messaging & Continuing the Customer Journey on Meta Platforms

As AI continues to become a deeply integrated factor for business continuity, we have to know and use the tools – paid or otherwise – that will not only allow for better outcomes but also help create a better customer experience.

Meta Business Messaging 3
Source: Meta Malaysia

Meta’s Business Suite and Ads Manager are continually being updated with tools that integrate AI technology to drive better business outcomes. One such tool is Meta’s Creative+ option which appears when you post content to your page. This feature allows you to test up to 4 different creatives to determine which delivers the best results.

Using features like this, businesses are able to extend their reach while keeping costs down. It also allows businesses to leverage the familiarity of the platforms to drive customer loyalty through business messaging. This comes in addition to AI-assisted product discovery with more broadly, AI-determined audiences for better conversions. AI-assisted determination also can help leverage behavioural data to optimise touchpoints based on customer behaviour.

This data can also be used to create chatbots that allow businesses to interact with customers more effectively. These chatbots can be built to suit the unique needs of businesses while still allowing for the flexibility for humans to jump in at any time.

One of the most important things to pay attention to is the trends that are emerging and continually shifting. These trends play a significant role in determining the combination of tools that will fit business needs. More importantly, it will also help determine the best approach for success on Meta’s platforms.

Firefly A friendly futuristic humanoid robot interacting with a floating digital interface with bu1

Meta shared a study on McDonald’s Malaysia leveraged the fact that there is an increasing number of users spending more time-consuming video content on Facebook and Instagram to be the driving force behind their recruitment campaign. Using reels available on Facebook and Instagram, the company was able to communicate the experience of being an employee at a McDonald’s outlet. Of course, the reels produced naturally embellished the experience with some fictional elements to generate interest and convey the business’s policies. This cornerstone content allowed McDonald’s to communicate directly to their target audience – Gen Z.

This falls in line with Meta’s own data which shows that more than 50% of time spent on Facebook and Instagram is spent consuming video content. This includes long-form videos, reels and even stories. In fact, reels may be the best touch point with over 200 Billion plays per day.

Meta’s Just Getting Started with AI 2.0 and Businesses Need to Start Leveraging It Now

It’s only the tip of the iceberg of how AI 2.0 will be impacting our world when it comes to creating consumer journeys, continuing Business Messaging and even creating content. Meta has already announced AI efforts like LLaMA which will no doubt factor into new tools that will come to its platforms in the future.

This will also entail businesses needing to deal with scams head-on hand in hand with regulators and companies like Meta. Meta is already working on identity verifications which will be more widely available to users as the year progresses. However, the company has yet to announce the same verification measures for businesses but we have it on good authority that it will be coming soon.

PH Emerges as One of the Rising Hyperscale Destinations in Asia, According to S&P Global Market Intelligence

MANILA, Philippines, Aug. 11, 2023 /PRNewswire/ — As the race for data dominance intensifies in the Asia Pacific Region, the Philippines’ Department of Information and Communication Technology (DICT) projects a remarkable five-fold increase in data center capacity in the country for the next five years. Supporting the local data center race is PLDT and its ICT subsidiary, ePLDT, with a current 65% market share and further plans for expansion to position the Philippines as the regional hyperscaler hub in the Asia Pacific Region.

The 2023 Q1 market report by S&P Global Market Intelligence also showed a 13% compound annual growth rate (CAGR) in the country’s data center operational space between 2020-2025 amid the ongoing expansion of hyperscalers and significant interests of global enterprises in the country.

Developments on this were tackled during S&P Global’s webinar on June 15 and 29, led by Dan Thompson, the Principal Research Analyst for Datacenter Services and Infrastructure at S&P Global. He was joined by Gary Ignacio, ePLDT’s Chief Data Center Officer, and Roselle dela Cruz, PLDT Global’s Vice President for US & Europe, Middle East and Africa Market, who shared their views on the digital shifts that have taken place in the Philippines and PLDT’s efforts to support the digitalization thrust.  

As PLDT’s ICT arm, ePLDT has been investing heavily in its data center and cloud as the foundation for enterprise growth and national digitalization efforts. Ignacio envisions the Philippines replicating its success as an outsourcing hub in the cloud and hyperscale domain.

Looking ahead, ePLDT is dedicated to expanding its 10 data center infrastructure. With ongoing construction of Data Center 11 (VITRO Sta. Rosa) and plans for Data Center 12, ePLDT is ready to meet the increasing demands of hyperscalers and enterprises that will further fuel the country’s digital economy. 

Dela Cruz expresses the country’s potential: “The Philippines is a rich country, not just in natural resources, culture, talent, but it is also in a unique strategic geographic position to be the next gateway to Asia from a digital infrastructure standpoint. With further collaboration with private and strong support from the government, we will definitely be the next digital hub in Asia.”

As the digital revolution gains momentum, the rise of the Philippines as a digital powerhouse is set to reshape the region’s digital landscape.

For more on ePLDT’s VITRO Data Centers, visit www.ePLDT.com.

About ePLDT

ePLDT is the industry-leading digital transformation partner of enterprises in the Philippines. Leveraging on the expertise and world-class telecommunication infrastructure of the PLDT Group, ePLDT aims to deliver customized ICT services through its suite of Multi-Cloud and Data Center solutions, which will enable enterprises to achieve their digital transformation vision.

For more information about ePLDT, visit epldt.com.

Sunyard Android Mobile Terminal i80 Certified by PURE

HANGZHOU, China, Aug. 11, 2023 /PRNewswire/ — Sunyard Technology, the leading global payment solution provider, announced that its Android Mobile Payment Terminal i80 got PURE certification recently for security priority and authentication. The i80 Android mobile payment terminal is also implemented under all round certification, including PCI PTS 6.x, Visa payWave, Mastercard Contactless, Discover, JCB, Rupay, etc.

Catering to the trend, the operating system of i80 is improved to Android 10. And the functions of fingerprint and dual SIM cards are realized since design to easily expand its business and make valuable contributions to the company’s long-standing collaboration with various partners.

Powered by a customized Android O.S., the i80 is designed with a special security processor and a triple-level PUK system. In this connection, multiple protections, including self-destruction of security, can come in handy to prevent your information from leakage.

For longer operation, trouble-free experience, and more effective performance, the i80 uses a high-capacity battery with low consumption. Tested by authority, the unfailing service of the i80 shall not be less than 150 hours in the normal condition in practice, even equipped with a stunning high-definition 5.5-inch color touchscreen display.

At Sunyard, we’re constantly expanding and evolving our portfolio of products to help you grow your business. Everything we do is backed by the expertise, support, and commitment that you already trust us for.

Our culture of care means we invest time, energy, and resources to develop products you can count on. We care about quality as much as you do. Whether you need advice, more information or to make an order, we’re here to help.

Get in touch:
www.sydtech.com.cn
www.sunyard.com

About Sunyard

Sunyard Technology Co., Ltd, the leading global payment solution provider, is offering cost-effective, superior quality payment terminals and financial software products including payment password system, same-city liquidation system, corporate e-bank system, risk alarm system, etc. As the earliest listed financial IT company in China (SSE Code: 600571), Sunyard has achieved the leading position in the field of financial industry with more than two decades of professional experience. Based on the solid foundation in the domestic market, Sunyard is committed to expanding the international market according to its development strategy.

Contact: info@sunyard.com

NVIDIA & Snowflake Storms the AI Scene With Custom Generative AI

NVIDIA & Snowflake partner up to allow companies to deploy custom Generative AI applications.

NVIDIA and Snowflake have joined forces to enable businesses of all sizes to build custom generative AI applications by using proprietary data. This collaboration allows companies to maximize NVIDIA’s AI technology and Snowflake’s Data Cloud platform to make better decisions and develop their own generative AI models.

NVIDIA offers the NeMo platform that enables companies to create, customize, and deploy large language models (LLMs) for AI applications like chatbots and intelligent search. With NeMo Guardrails software, developers can ensure that their applications align with business-specific requirements.

On the other hand, Snowflake provides a secure and efficient Data Cloud platform for businesses to store, manage, and analyze large amounts of data both internally and externally. This service also caters to various verticals like advertising, media and entertainment, financial services, retail, and more.

The collaboration between NVIDIA and Snowflake will allow companies to gather their proprietary data and customize the generative AI applications for business-specific applications. It also enables companies to maintain data governance without moving the data from a different platform.

Industries such as healthcare, retail, and financial services can benefit from this collaboration. For example, healthcare insurance models can provide detailed information about covered procedures. Financial services models can offer personalized loan options based on individual situations and needs.

ChipMOS REPORTS JULY 2023 REVENUE

HSINCHU, Aug. 10, 2023 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today reported its unaudited consolidated revenue for the month of July 2023. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$31.45 to US$1.00 as of July 31, 2023.

Revenue for the month of July 2023 was NT$1,836.2 million or US$58.4 million, representing an increase of 2.7% from June 2023, and a decrease of 5.7% from July 2022.

The Company noted the sequential growth reflects the continued improvement in loading levels of its DDIC high-end test platform, and initial signs of improvement in its Memory business entering the second half of 2023.

Consolidated Monthly Revenues (Unaudited)

July 2023

June 2023

July 2022

MoM Change

YoY Change

Revenues

   (NT$ million)

1,836.2

1,788.1

1,948.0

2.7 %

-5.7 %

Revenues

   (US$ million)

58.4

56.9

61.9

2.7 %

-5.7 %

About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC.

Contacts:

Source: ChipMOS TECHNOLOGIES INC.

AMD’s Zen 3 & Zen 4 CPUs Are At Risk of Exploitations Thanks to New “Inception” Vulnerability

Researchers at ETH Zurich have identified a series of vulnerabilities in AMD’s CPUs. The vulnerabilities have been identified in CPUs with the Zen 3 and Zen 4 architecture in particular and are present across the board in both desktop and laptop CPUs and APUs with the architecture.

The vulnerability, identified now as “Inception”, takes advantage of speculative execution, a technique where a computer predicts and performs operations it anticipates needing in the future. Using an attack method called Training in Transient Execution (TTE), the affected CPUs can be manipulated to believe that they have seen a certain set of instructions before even if it has never happened before.

In the simplest of terms, the exploit acts exactly like how Leonardo DiCaprio and his team did in the movie “Inception”. Similar to how they were able to plant an idea to retrieve information, the vulnerability in AMD CPUs can do the same thing.

In fact, XDA Developers described that “Inception” takes its name from the movie of the same title, where the central concept involves implanting an idea in someone’s dream. In the exploit context, researchers metaphorically implant an “idea” into the CPU during its “dream-like” state, causing it to execute incorrect instructions. This manipulation of the CPU’s control flow is the core mechanism exploited by Inception.

amd ryzen 3000

Exploiting A Kernel Memory Breach

The vulnerability poses a serious security threat as “Inception” is an end-to-end exploit that can covertly leak sensitive information from Zen 3 and Zen 4 processors. The exploit can access confidential kernel memory, including sensitive files like “/etc/shadow” on Linux systems. This file holds hashed user account passwords, typically safeguarded and accessible only to the root user.

According to XDA Developers, with a leakage rate of up to 39 bytes per second, Inception has the capability to retrieve these passwords within 40 minutes.

Exploitation of Speculative Execution

The workings of Inception draw parallels to a similar exploit named Zenbleed. ETH Zurich researchers leveraged the TTE technique to craft an attack capable of infiltrating AMD Zen CPUs. This involves manipulating speculative execution to carry out actions that may not be immediately necessary, a strategy often used to optimise processing.

Inception: leaking the root hash from /etc/shadow on AMD Zen 4

A central component in this attack is the Branch Target Buffer (BTB) and the Return Stack Buffer (RSB). Inception disrupts branch prediction during the transient window by introducing fresh predictions into the branch predictor. This action creates more powerful transient windows, which can then be exploited to overflow the Return Stack Buffer. Ultimately, this allows Inception to take control of the CPU.

Preventing Exploitation and Mitigation Strategy

AMD has acknowledged the vulnerability in a recent bulletin. The company has released a µcode patch for the affected processors which can be applied via a BIOS update.

According to XDA Developers, like Intel’s “Spectre” vulnerability, effective mitigation strategies remain challenging. One proposed mitigation approach involves flushing the branch predictor during context switches. However, this could inflict significant performance degradation.

If you are using one of the following processors, it would be best to check for a BIOS update.

Desktop CPUs & APUs:

  • 3rd & 4th Gen AMD EPYC CPUs
  • Ryzen 5000 & 4000 Series Desktop Processors (including CPUs like Ryzen 5 5600G or Ryzen 7 4700G APUs)
  • Ryzen 7000 Series Desktop Processors
  • Ryzen Threadripper PRO 5000WX Series Processors

Mobile CPUs:

  • Ryzen 5000 Series Mobile Processors
  • Ryzen 6000 Series Processors (with Radeon Graphics)
  • Ryzen 7035 Series Processors (with Radeon Graphics)
  • Ryzen 7030 Series Processors (with Radeon Graphics)
  • Ryzen 7040 Series Processors (with Radeon Graphics)
  • Ryzen 7045 Series Processors

Crowdworks recognized again in the Gartner® Hype Cycle™ for Artificial Intelligence, 2023 and Hype Cycle for Data Science and Machine Learning, 2023


The Company was recognized among 9 of the Sample Vendors for Data Labeling and Annotation in the 2023 report

SEOUL, South Korea, Aug. 10, 2023 /PRNewswire/ — Crowdworks (CEO Minwoo Park), a leading provider of AI learning data platform, today announced its recognition as a Sample Vendor in the 2023 Gartner Hype Cycle for Data Science and Machine Learning, 2023[1] and Hype Cycle for Artificial Intelligence, 2023,[2] marking its second consecutive year on the list. Crowdworks is listed as a sample vendor along with other notable global Data-Centric AI companies.

Gartner states that: “Gartner’s Hype Cycle depicts a common pattern that occurs when an innovation emerges. An innovation often progresses through a period of overenthusiasm, to a period of disillusionment, to an eventual understanding of the innovation’s relevance and role in a market or domain.”[3].

“The need for better training data has increased to remove the bottleneck in developing AI solutions — especially those particular to generative AI and industry use cases, [4] ” Gartner stated in this year’s report. For generative AI, data is even more critical, and Gartner continued: “Given the typical lack of internal skills and systems, DL&A services and tools are often the best option (by cost, quality and availability) to provide necessary data for best AI results.” [4]

Crowdworks has been at the forefront of driving technological innovation in the AI field by introducing a crowdsourcing approach to data labeling, involving a large community of people in collecting and annotating AI training data. More recently, Crowdworks has expanded its services to include customized AI all-in-one solutions, simplifying the adoption of generative AI for companies.

Looking to the future, Crowdworks is actively working to expand its global market presence through participation in high-profile exhibitions like CES and Viva Technology. Additionally, it anticipates listing on the KOSDAQ next month, demonstrating its commitment to future growth.

“We believe this recognition from Gartner for the two consecutive years authenticates Crowdworks’ commitment to data quality, our innovative business model, and competitiveness in the global market. We are determined to surge ahead as a global leader in providing high-quality AI data solutions,” says Minwoo Park, CEO of Crowdworks.

[1] Gartner, “Hype Cycle for Data Science and Machine Learning, 2023”, Peter Krensky, July 27, 2023.
[2] Gartner, “Hype Cycle for Artificial Intelligence, 2023”, Afraz Jaffri, July 19, 2023.
[3] Gartner, “Understanding Gartner’s Hype Cycles”, Philip Dawson, et al., July 24, 2023.
[4] Gartner, page 98, Data labeling and Annotation, “Hype Cycle for Artificial Intelligence, 2023”, Afraz Jaffri, July 19, 2023.

GARTNER and HYPE CYCLE are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner Disclaimer:
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Crowdworks
Crowdworks has been a pioneering AI training data solution provider in Korea since 2017. Our cutting-edge AI training data platform comes equipped with Auto-ML features, supported by a dedicated 0.5 million qualified labelers. By harnessing the power of human-generated reliable data, Crowdworks drives the swift adoption of Enterprise Generative AI across diverse industries, such as automotive, healthcare, and finance.
en.crowdworks.ai Follow us on LinkedIn.

Mediballoon’s Online Shop is now live, offering a range of medical balloons and tubing for sale. Mediballoon is your best partner for medical device development.

UNION CITY, Calif., Aug. 9, 2023 /PRNewswire/ — Mediballoon, Inc., a Medeologix company established in 2016 specializing in medical balloon design, development, and scale-up production, is excited to announce the launch of the Mediballoon Online Shop. This newly unveiled platform caters to engineers, designers, and innovators seeking to rapidly prove their concepts in advanced medical devices, by offering a wide array of balloons and tubing products.

Balloon development center of Mediballoon
Balloon development center of Mediballoon

Mediballoon’s online shop features a user-friendly interface that simplifies the process for customers to quickly select diverse processes, materials, shapes, and sizes, all accessible within an expedited timeframe to complete purchases, effectively eliminating uncertainties during development and enhancing the shopping journey. “We understand the eagerness to promptly prove the concept, especially in today’s rapidly evolving environment where time is crucial,” stated Anant Hegde, the founder, and CEO of Mediballoon, Inc. Mediballoon’s online shop ensures rapid shipment within 48 hours, meeting the demands of today’s fast-paced world.

With 25 years of experience, Mediballoon excels in the field of balloon and tubing development. This expertise spans balloon tubing, single lumen catheter tubing, multi-lumen tubing with up to 8 lumens, and heat shrink tubing. Mediballoon’s expertise is now complemented by its comprehensive one-stop-shop service, effectively alleviating numerous challenges engineers encounter. This service includes rapid prototyping, engineering assistance, pilot production, and scale-up production, all aimed at providing straightforward solutions that swiftly transform innovative ideas into tangible medical advancements.

Mediballoon also offers a seamless transition from pilot production to a mass production site in Taiwan. With engineering excellence, sourcing, and supply chain integration, the Taiwan mass production facility enhances cost-effectiveness, improves efficiency, and enables faster responses to market demands. “Whether you need support for quick component development or moving towards mass production, Mediballoon is your best partner in balloon manufacturing and extrusion,” said Hegde.

For more information, please visit:
Mediballoon Online Shop: www.medeologix.com/online-shop
Mediballoon Website: www.medeologix.com/mediballoon

About Mediballoon, Inc.

Mediballoon is an expert in extruding medical tubing and developing medical balloons in different shapes and sizes using various thermoplastic materials including Polyurethane, Polyethylene, Polyvinylidene fluoride (PVDF), Polybutylene terephthalate (PBT), Polyethylene terephthalate (PET), PEBAX, and Nylons.

Mediballoon has received ISO 13485:2016 certification, underscoring their dedication to delivering safe and effective medical solutions for the ultimate benefit of patients.