Category Archives: PR Newswire

China Matters’ Feature: Hangzhou City Tour Guide for the Asian Games


BEIJING, Nov. 2, 2023 /PRNewswire/ — During the 19th Asian Games, the charming city of Hangzhou once again gained widespread attention both domestically and internationally. During the Hangzhou Asian Games, 6 short video bloggers from the United States, France, Venezuela, and Slovakia embarked on their long-anticipated journeys, sharing stories of what they witnessed in Hangzhou during the Asian Games.

The bloggers first visited China’s first lake-themed museum—the West Lake Museum, where they learned about the past and present of the Lake. Subsequently, blogger Jack went to the Liangzhu Museum to uncover the story behind the Asian Games’ mascot “Cong Cong”; Raz Galor visited the site of the Southern Song Dynasty Deshou Palace Ruins Museum and experienced being a tour guide for a day; Rafael Saavedra went to the China Cartoon and Animation Museum to understand why animation is so beloved by the younger generation; Ma Jia went to Qingshan Lake, relishing the leisure of boating amidst the trees; Li Ge went to the Asian Games skateboarding competition to cheer for the athletes; while Lila donned a cheongsam to take photos at museums and ancient villages.

Media Contact: 
Li Dixuan
Tel:008610-68996991
E-mail: lidx@cnmatters.com

Video – https://www.youtube.com/watch?v=44dLOv5uiW4

LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024

TAIPEI, Nov. 2, 2023 /PRNewswire/ — LILIN’s motto, “We create, we innovate.” has received outstanding validation as we enter 2024.

LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024
LILIN IMU Shock-proof Camera Honored with Taiwan Excellence 2024

LILIN’s self-developed vibration-resistant 4K license plate recognition camera has been chosen as a 2024 Taiwan Excellence winner! This marks the second international award following the ISC West Award in 2023.

This product is unique in the market, featuring 4K resolution, AI capabilities, and IMU vibration resistance while automatically tracking objects. It finds typical applications in land-based vehicles. For instance, when a police car is in motion, vibrations can affect image clarity. IMU Camera, with its hardware and software anti-vibration features, maintains and preserves a clear 4K high-resolution image. Not only performs license plate recognition directly on the camera but also integrates with backend applications (such as law enforcement systems) without needing an additional host, making technology-driven law enforcement more flexible and efficient.

Conventional license plate recognition cameras in the market lack vibration resistance, resulting in blurry images that affect recognition results. Additionally, they require an external computer host for such heavy tasks. LILIN’s IMU anti-vibration camera operates independently and individually complete image recording, license plate recognition, and backend data integration without a computer. This reduces the complexity of maintenance and deployment, minimizes potential failure factors, and helps operating units manage costs more effectively.

Apart from identifying general and special license plates of various countries and colors, this camera is compatible with LILIN’s “Self Yolo” model conversion. Users can upload their AI object models to the camera to recognize different object types, such as pedestrians, expanding the camera’s application range. Beyond recognition, another exceptional feature of this camera is “behavior detection.” Which distinguish actions such as running red lights, not yielding to pedestrians, and making illegal right turns.

LILIN is committed to applying its products to meet actual market demands. The solutions have gained recognition from industry, government, and academia. Global partners highly trust them, and LILIN receives a high level of product inquiries.

“LILIN rarely makes ‘sudden’ decisions, whether product development or competition participation. Our determinations are based on market trends and countless customer feedback,” emphasized Hsu Cheng-Chung, General Manager of LILIN. He added, “Being selected as a Taiwan Excellence winner highlights our determination to operate in the global market aggressively and actively.”

For media contact and sales inquiries:
Ivy Cham
marcom.one@lilin-solutions.com

Instarem Relaunches Overseas Payments Services in India, Empowering Users with a Convenient and Affordable Solution for International Education Payments


MUMBAI, India, Nov. 2, 2023 /PRNewswire/ — Instarem, a leader in cross-border payment solutions, introduces the return of its digital remittance services in India. This strategic re-entry into the Indian market aims to deliver an unparalleled remittance experience, with a primary focus on catering to the unique requirements of students and individuals seeking convenient and affordable overseas education payments.

Instarem has been serving customers in India since 2018. However, due to a directive of the Reserve Bank of India to SBM Bank, it paused its operations temporarily in early 2023, along with many other remittance providers in the region.

The Instarem brand, returning to India, is powered by Nium-Forex, an established, regulated provider of financial products and services in India.

Driven by a mission and commitment to make Money Simple for its users, the new solution offered by Instarem (powered by Nium-Forex) focuses on removing the pain points faced by individuals and students in particular, who are trying to find a hassle-free and cost-effective way to finance their education overseas.

A major hurdle that many individuals face with remittances for education, is funding a German blocked account or Canadian GIC account (a necessity if you wish to study in these countries), which is a service provided by only a handful of banks. Instarem (powered by Nium-Forex) is the first remittance provider that streamlines this process by enabling users to directly deposit funds into these accounts, removing unnecessary obstacles.

Furthermore, banks frequently impose transaction limits that can restrict users. The new solution liberates its users from these limitations, enabling them to make large payments of up to 1,90,00,000 Rupees annually, without the necessity of splitting the payment into numerous transactions. This not only simplifies the process, but also makes it more economical for their customers.

In its relaunch, Instarem (powered by Nium-Forex) revolutionises convenience by providing an entirely digital experience. Users can securely and conveniently send funds from the comfort of their own space, eliminating the need to make time-consuming trips to physical locations. This means no more frustrating hours spent in traffic or queuing up at banks or remittance centers, making the entire experience smoother, more efficient, and hassle-free.

With its upgraded service, Instarem (powered by Nium-Forex) continues to maintain its commitment to providing competitive exchange rates, guaranteeing that users benefit from superior value when compared to traditional banks. The outcome is a smooth and economical remittance solution that places the convenience and peace of mind of its users as the top priority.

Discussing the relaunch, Yogesh Sangle, Global Head of Instarem, said, “We’re thrilled to bring back our remittance services in India, powered by Nium-Forex. We understand that sending money abroad from India can be tough, and it’s our unwavering commitment, in line with our mission to make Money Simple, to ensure it becomes easy for our customers. Our relaunch reaffirms our strong dedication to serving the needs of our Indian users, giving them a straightforward, cost-effective and exceptionally efficient way to send money internationally and invest in their education.”

To celebrate its relaunch, Instarem is extending a special offer of 500 Rupees off, to customers making their first transaction and is also holding a contest on their social media channels, giving away Cricket World Cup tickets to matches that will be held in India in October and November.

About Instarem:

Instarem is a global digital cross-border payments platform that enables individuals and businesses to send, spend, and receive money internationally. With a mission to simplify the complexities of cross-border transactions, Instarem provides innovative solutions that empower SMEs and individuals to transcend traditional financial boundaries. Instarem is a brand operated by Nium Pte. Ltd. and its subsidiaries globally.

About Nium Forex

Nium Forex is a regulated provider of financial products and services, as an AD-II licensee (Authorised Dealer in Foreign Exchange – Category II). It is a subsidiary of Nium Pte. Ltd., and part of the Nium Group – a leading global payments company and the first B2B payments unicorn in South-East Asia. With Nium Forex you can buy and sell foreign currency, get prepaid forex cards, and transfer money to 60+ countries easily and securely. 

For more information about Instarem, please visit www.instarem.com.

Big Science Art: Openverse’s black hole spins visualization on NATURE journal

HANGZHOU, China, Nov. 1, 2023 /PRNewswire/ — The following is a report about Openverse originally published by WSJ.China.

Humanity has always been curious about the supermassive black hole in the center of the galaxy. “A black hole is the most ideal and simplest celestial body to verify the correctness of the theory of general relativity, it occupies a significant position in theoretical physics.” Cui Yuzhu explained why the scientific community has persistently studied the black hole problem during the century since the theory’s emergence.

Since enrolling as a doctoral student in 2017, Cui Yuzhu’s research direction has been firmly anchored on the M87 black hole. In the same year, she participated in the Event Horizon Telescope Project (EHT) to work on data and picture processing. In addition, she is also responsible for processing and analyzing data from the East Asia VLBI Network (EAVN) composed of telescopes in China, South Korea, and Japan. Via the Event Horizon Telescope observations, Cui Yuzhu can obtain information on micro-scales and slightly larger scales, including observations of black hole scales and jet structures.

The first author of the paper "The M87 black hole is confirmed to have spin" Cui Yuzhu. The Co-founder of OPENVERSE, digital designer Budda. The Schematic diagram of the tilted black hole accretion disk model, produced by OPENVERSE's independent Big Science and Art Studio intouchable®
The first author of the paper “The M87 black hole is confirmed to have spin” Cui Yuzhu. The Co-founder of OPENVERSE, digital designer Budda. The Schematic diagram of the tilted black hole accretion disk model, produced by OPENVERSE’s independent Big Science and Art Studio intouchable®

Cui Yuzhu found the M87 black hole jet shows a periodic swing of about 11 years, and the swing amplitude is approximately 10°. “Demonstrating this breakthrough result via visualization was not smooth, I was learning 3D software and planned to make this cover myself.” Cui Yuzhu said with a smile. At this time, Cui Yuzhu encountered the Openverse founder, former senior IP lawyer Jo Xu (Xu Wen), and co-founder digital designer Budda. Based on the simple schematic diagram and detailed text description hand-drawn by Cui Yuzhu, the Openverse team used AI-empowered patented technology to quickly complete the rendering from sketch to flat 2D to 3D stereoscopic drawing. The most significant difficulty in the process was the alignment of ideas between designers and scientists due to widely differing knowledge backgrounds. The digital designer Budda said: “Scientists have very high requirements for the accuracy of model performance, including which angles should be selected to show the precession of the accretion disk, and how much it swings, all of which must be able to correspond to the observation data. This scientific research result visualization has a strong visual impact, like a graphic artwork. This is where Openverse shows its talents as a soul painter.”

This image released with the discovery of the spin of black hole M87 has received enthusiastic attention from all over the world. ” As Smart IP Maker, what we are doing is not simply to use technology to do the ‘transformation of scientific research results’ or ‘cross-border cooperation in science and art’, but to use the power of IP to start a sustainable value cycle, “Budda said, in his view, scientific discoveries themselves have great IP potential, just as the famous astronomer Carl Sagan launched world-renowned popular science works ‘Cosmos,’ which are not only timeless but also have incredibly high commercial value.

After the visual realization of this accretion disk precession model picture, Dr. Cui Yuzhu, who has made intellectual contributions, can use it permanently and free of charge in the academic and popular science fields. Openverse focuses on this black hole IP’s development, management, and commercialization, “such as making IP into a digital art collectible with part of the revenue donated to scientific research institutions including Zhijiang Laboratory,” Budda said, “This mechanism is similar to that of donors or sponsors supporting potential artists and researchers in the 15th century Renaissance period.” At the same time as the interview was being conducted, the 10,000 digital collectible of the “M87 Black Hole Jet Accretion Disk Precession 3D Model” was sold out within 1 second by Openverse on the Whale Explorer platform.

When we asked Openverse how the “Make Science Popular” slogan came up, Budda answered: “The European Renaissance Movement inspired it.” The Openverse team looked back at that period of human civilization, which shows that art and science were not as distinct as they are today but were integrated and intertwined. This inspired the Openverse team to initiate the concept of “Big Science and Art.” After accumulating strength for decades, Chinese science and technology is experiencing an explosion of results. Budda said: ‘We jokingly say to the scientists, if you save time on drawing pictures, you may win the Nobel Prize earlier, and Openverse hopes to become the name behind the most Nobel laureates.”

Finally, we asked Cui Yuzhu: What is the significance of the research on black holes to ordinary people? She smiled: “Today, people will ask about the significance of studying black holes. More than 50 years ago, about the significance of exploring Mars. More than 60 years ago, about the significance of lunar exploration. More than 480 years ago, about the significance of ‘heliocentric theory.’ Many years ago, people would ask about the meaning of ‘geocentrism,’ just like hundreds of thousands of years ago, people would ask about the importance of ‘fire’… so if you look at it with too much pragmatism, it is difficult to get the expected answers in a short period time. The progress of scientific research subtly changes the way we look at the world around us, consolidating the steps of human thinking and scientific and technological progress, and our world view and even the universe.”

In the vastness of the universe, mysterious black holes have never been the limits of human exploration. The fusion of art and science will gradually expand human cognitive boundaries into the lives of every ordinary person, one step at a time.

VR360 AND 5 YEARS OF DEVELOPMENT JOURNEY

DANANG, Vietnam, Nov. 1, 2023 /PRNewswire/ — VR360 celebrates a significant milestone as it commemorates its 5th anniversary. The project was established right when the epidemic was seriously developing received many doubts and objections from everyone. Even though they have foreseen the difficulties we will face when the economy declines, it is not easy for a young business to overcome. But with a passion for technology and the desires and ambitions of youth, the VR360 team always believes in solutions and product quality that will bring practical benefits to businesses. Based on those beliefs, VR360 continues its journey of perfecting solutions, bringing customers the most complete products.


The opportunity came to VR360 when it received an “order” from the Department of Science and Technology in Da Nang city – wishing to inspire startup businesses through meetings and exchanges while still ensuring safety during the epidemic season, the VR360 team had a bold idea to create a conference organization platform, virtual reality exhibition. Based on existing technologies and experience, team VR360 quickly began implementation. vrFairs – a platform for organizing virtual reality conferences, exhibitions, and fairs was born soon after.

The project brought quite good effects, received positive feedback, and many businesses in the city learned about VR360’s virtual exhibition platform. In addition, the team also received many comments on the design interface, adding more features to improve user experience. vrFairs is improved and upgraded every day, by 2021, the virtual exhibition platform will completely conquer demanding customers, many new projects will open such as: Conference connecting supply and demand between Ho Chi Minh City and other provinces in 2021; Expanded Da Nang startup exhibition – Surf 2021, 2022, 2023.

Team VR360 are all young people who love technology
Team VR360 are all young people who love technology

Gaining momentum, VR360 introduces to customers virtual reality technology application solutions such as Virtual Tour and Model 3D – Aapplied to many businesses in different fields. In particular, VR360 has the opportunity to collaborate with departments and agencies in projects on virtual reality tours in Da Nang city and Hoi An such as: One touch to Da Nang, My Son Sanctuary, Hoi An Metaverse bringing quite good effects to promote tourism in the city.

During these years, VR360 cherished a new project and in early 2023 launched the vrMall platform – an upgraded version of vrFairs, the first virtual reality trade center in Vietnam that is used by many businesses. Besides, vrMall can also support professional event and exhibition organizations with their own virtual versions of fairs and exhibitions with many outstanding features and sharp interface, convenient to use.

After more than 5 years of establishment, operation and development, from the first projects and personnel, VR360 now has more than 50 talented and experienced associates and hundreds of projects that have been implemented domestically and internationally. Proud to have the opportunity to collaborate with departments and agencies and many large and reputable domestic enterprises such as: Viettel, Toto, Vietceramic, Co.op Mart, MIK Group, Teka Group, National Economics University, Anh Hong Factory…As an enterprise in the Top 3 leading enterprises in the field of innovation and providing digital transformation solutions applying technology: VR, AR, 360, Metaverse, Digital Twin etc. VR360 is still always maintaining the entrepreneurial spirit, constantly innovating and creating to bring customers the most suitable and perfect products and solutions.

For more information as well as projects that VR360 has implemented, please contact the following information:
VR360 – Digital Transformation Solutions Joint Stock Company
Email: infor@vr360.com.vn
Website: https://vr360.com.vn  
Virtual Tour: https://vr360.com.vn/360-tour
Facebook: https://www.facebook.com/vr360vnvirtualtour/

Lunit Joins as an Associate Partner with the World Economic Forum


– Lunit joins as an Associate Partner of the World Economic Forum, propelling global expansion and collaboration in the realm of AI-driven cancer care

SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ — Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, has expanded its collaboration with the World Economic Forum by joining as an Associate Partner of the forum.

This achievement marks one of the first instances in Asia and among medical AI companies worldwide, where a company has progressively elevated its collaboration with the forum from its initial status as a Technology Pioneer to an Associate Partner. 

Lunit’s journey with the forum began in 2020 when it joined as a member of the Technology Pioneer community, earning recognition as one of the 100 leading global tech companies—the sole Korean company on the prestigious list of the year.

Building upon this foundation, in 2022, Lunit solidified its position as a key player in the global AI-driven healthcare landscape by becoming a member of the forum’s Unicorn community. In this capacity, Lunit shared insights into the future of AI-driven global healthcare during the forum’s events, including annual meetings in Davos, Switzerland and in Tianjin, China.

“As a global platform, the Forum is thrilled to welcome companies like Lunit in their mission to combat cancer through AI and promote the best possible healthcare, contributing to the well-being of individuals in societies and nations,” said Dr. Shyam Bishen, Head of the Centre for Health & Healthcare at the World Economic Forum.

“The partnership extension, especially the unique access to a global platform at the highest level at forum meetings, strongly supports our commitment to advancing the landscape of the entire cycle of cancer care through AI-driven solutions,” said Brandon Suh, CEO of Lunit. “We are excited to harness the network to accelerate our expansion, make significant strides in combating one of the most formidable global health challenges – cancer -, and addressing inequities in healthcare access.”

Lunit’s dedication to forming global alliances aligns with its mission to combat cancer through AI solutions for precision diagnostics and treatment support. The flagship Lunit INSIGHT suite for early detection of chest and breast cancer is now operational in approximately 2,500+ hospitals and medical institutions across 40+ countries, marking significant progress in advancing the field of medical AI.

About Lunit

Lunit is a deep learning-based medical AI company on a mission to conquer cancer. Our focus is on developing AI solutions for precision diagnostics and therapeutics, ensuring the right diagnosis, and treatment, at the right cost for each patient. Lunit is devoted to developing advanced medical image analytics and AI-based biomarkers via cutting-edge technology.

Founded in 2013, Lunit has been acknowledged around the world for its advanced, state-of-the-art technology and its application in medical images. As a medical AI company grounded on clinical evidence, the company’s findings are presented in major peer-reviewed journals, such as the Journal of Clinical Oncology and JAMA Network Open, and global conferences, including ASCO and AACR.

After receiving FDA clearance and the CE Mark, our flagship Lunit INSIGHT suite is clinically used in approximately 2,500+ hospitals and medical institutions across 40+ countries. Lunit is headquartered in Seoul, South Korea, with offices and representatives worldwide. For more information, please visit lunit.io

About World Economic Forum

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural, and other leaders of society to shape global, regional, and industry agendas. It was established in 1971 as a not-for-profit foundation and is headquartered in Geneva, Switzerland. It is independent, impartial, and not tied to any special interests.

iSteady M6 Clinches 2023 iF Design Award at “70 YEARS iF | Shenzhen Design Annual Meeting & Design Night”

SHENZHEN, China, Oct. 31, 2023 /PRNewswire/ — The illustrious “70 YEARS iF | Shenzhen Design Annual Meeting & Design Night” held on August 18 in Shenzhen marked a historic moment in design excellence. Among the highlights of the evening was HOHEM’s groundbreaking product, the iSteady M6 3-Axis Smartphone Stabilizer, which proudly clinched the 2023 iF Design Award.


iF Design Award, founded in 1953, has been a beacon of excellence in design for seven decades. Alongside the Red Dot Design Awards, IDEA Awards in the USA, and G-Mark Awards in Japan, it stands as one of the world’s four most prestigious industrial design awards. Each year, the iF Design Award recognizes outstanding designs in categories ranging from products to packaging and professional concepts, celebrating exceptional design innovation and creative thinking.

Among the illustrious winners at the 2023 iF Design Awards, iSteady M6 stands tall alongside Apple’s Mac Studio and Studio Display, showcasing its innovative design essence. Furthermore, the iSteady M6 recently clinched the coveted Red Dot Design Award in Germany, a testament to the product’s innovative design and HOHEM’s prowess in intelligent imaging.

The iSteady M6 Smartphone Stabilizer distinguishes itself in a crowded market with its patented Magnetic AI Vision Sensor with Fill Light. This breakthrough design transcends the limitations of traditional stabilizers, offering users a convenient and efficient interaction experience. It allows for seamless switching between front and rear cameras, ensuring a convenient and efficient user experience. Additionally, it integrates a full-color fill light, essentially providing users with their own personal cinematographer and lighting technician.

iSteady M6 3-Axis Smartphone Stabilizer not only sets new standards in stabilizer design but also elevates the user experience for content creators. Its multiple awards and recognition affirm its position as an industry leader in design and innovation.


For more information about HOHEM and the award-winning iSteady M6 Smartphone Stabilizer, please visit www.HOHEM.com.

About HOHEM:

Founded in 2014, HOHEM, a globally leading brand renowned for its intelligent imaging innovations, is named the National High-tech Enterprise in China. Adhering to the brand concept of “Make the Moment”, HOHEM focuses on user requirements and continuous innovations and contributes to a more straightforward way of recording your life through intelligent technology, with which can capture and share the moment at any time and provide a gorgeous and professional shooting experience.

Replicon Named to Inc.’s Second Annual Power Partner Awards


Roundup highlights B2B partners that support startups across all business functions and empower growth

HERNDON, Va., Oct. 31, 2023 /PRNewswire/ — Inc. Business Media today announced the second annual Power Partner Awards, honoring B2B organizations across the globe that have proven track records supporting entrepreneurs and helping startups grow. The list recognizes 389 firms in marketing and advertising, health and wellness, financial services, legal, logistics, and productivity, as well as other areas of business.

All 389 companies received top marks from clients for being instrumental in helping leadership navigate the dynamic world of startups. These B2B partners support entrepreneurs across various facets of the business, including hiring, compliance, infrastructure development, cloud migration, fundraising, etc., allowing founders to focus on their core missions.

“Trusted B2B partners provide guidance and expertise that founders rely on at various steps of their organization’s journey. Partners that possess a demonstrated ability to deliver quality support are at the core of entrepreneurship and help bring big ideas to life,” says Scott Omelianuk, editor-in-chief of Inc. Business Media.

“Being selected as an Inc. Power Partner is a proud moment for us. It is a true reflection of the strong relationships we’ve built with our clients, and the commitment we have to their success,” said Suresh Kuppahally, Chief Operating Officer at Replicon. “In an era of increasingly distributed, remote workforces across the globe, it’s more important than ever for businesses to have a clear handle on 100 percent of their resources. Whether it’s mid-size companies or the Fortune 100, our clients trust us to deliver the tech that will enhance productivity and increase the bottom line.”

Replicon delivers AI-powered time and resource management for global businesses. The company’s industry-leading solutions, including Time Intelligence and Self-Driving PSA, deliver a single source of truth for Time, Expense, Projects, Resources, Skills, Billing, Costing, Pay, Revenue Recognition, and Compliance. This empowers the world’s leading project and service-driven organizations to better manage complex demands with real-time access to accurate data for informed decision-making. 

Recently acquired by Deltek, Replicon has been an industry leader for nearly 30 years, supporting over 2,500 customers across 25+ industries including accounting, consulting, and IT. The company’s powerful technology includes the revolutionary Zero-Time platform, which harnesses AI to liberate employees from timesheets. In addition to being named an Inc. Power Partner, Replicon recently won a prestigious Stevie award for Customer Service Department of the Year, once again highlighting the company’s commitment to its customers. 

To view the complete list, go to: https://www.inc.com/power-partner-awards/2023

The November 2023 Issue of Inc. magazine is available online now at https://www.inc.com/magazine and will be on newsstands beginning October 31, 2023.

About Inc. Business Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

About Deltek | Replicon

Recently acquired by Deltek, Replicon delivers AI-powered time and resource management for global businesses. The market-leading Workforce Management Solutions provide a single source of truth for Time, Expense, Projects, Resources, Skills, Billing, Costing, Pay, Revenue Recognition, and Compliance. This empowers the world’s leading project and service-driven organizations to better manage complex demands with real-time access to accurate data for informed decision-making. Designed for global scalability and configurability, Replicon enables businesses to drive both global governance and local administration across distributed teams, resulting in increased productivity and streamlined business operations. With 30 years of industry experience, Replicon serves businesses across 85 countries and 25 industries, including the Fortune 100. For more information, visit www.replicon.com.

Deltek Contact:
Deltek Media Team
Press@Deltek.com

CHiQ’s New Brand Proposition Is Set To Merge Innovation With Style

BERLIN, Oct. 30, 2023 /PRNewswire/ — As a new brand proposition that will be highlighted throughout its marketing efforts, CHiQ proudly establishes the Smart with Style concept. CHiQ will focus on future developments revolving around ceaseless innovation combined with refined design. The Smart with Style concept aims to reflect CHiQ’s dedication to bringing ever-evolving cutting-edge technology to create smart homes, with style. 

CHiQ focuses on core values defining its persona, identity, and purpose: refined design, ceaseless innovation, and superior quality. The Smart with Style concept was born out of these core values in mind, and that is how they move forward with excellence in their products and services. The Smart with Style concept will be the ruling point of CHiQ’s entire marketing strategy and existence, positioning itself to be the smart home appliances brand that appeals to everyone interested in upgrading their home experience with up-to-date technology and contemporary design.

Since 2017, CHiQ has been introduced in the Australian market as an independent brand and in the European and Southeast Asian markets. Now, CHiQ has penetrated over 40 countries and regions with business scopes that cover major economies worldwide such as the European Union, ASEAN, Central and South America, the Middle East, Africa, South Korea, and many more. The brand has established solid cooperative relationships with many internationally renowned enterprises together and has entered main offline channels in Australia, South Korea and many more. CHiQ has entered over 30 mainstream e-commerce platforms around the world including Amazon in Europe, Lazada, and Shopee in Southeast Asia. CHiQ has created a comprehensive landscape of smart home appliances ranging from TV sets, refrigerators, air conditioners, washing machines, monitors, and more.

In recent years, CHiQ has been awarded the “Most Satisfied Customers Refrigerators” by Canstar Blue, and the “Highly Commended Award for Best Freezer Brand” by Finder where both are authoritative review organizations from Australia. These appliances have long been on the best-selling lists of Amazon in Germany and France, and CHiQ has repeatedly achieved first place in TV category sales on Shopee, Indonesia’s leading e-commerce platform.

CHiQ is the individual brand of Changhong. In December 2022, Changhong won a place in the world’s 500 most influential brands. To focus more on the technological and human connection between its products and consumers, CHiQ will continue to strive to create and offer better-value intelligent products to the world.

Linq Wins Samsung Open Collaboration with LLM-Enhanced Underwriting AI Solution

SEOUL, South Korea, Oct. 30, 2023 /PRNewswire/ — Linq, an AI startup, won first place in the 2023 Samsung Open Collaboration, one of the most prestigious startup competitions in South Korea. Linq showcased its AI-powered underwriting solution, which was made possible by its AI risk models and an advanced vector database management platform for large language models (LLMs) such as ChatGPT.

On October 26, 2023, Linq (formerly known as Wecover Platforms) emerged as the winner of the 2023 Samsung Open Collaboration, held in South Korea.
On October 26, 2023, Linq (formerly known as Wecover Platforms) emerged as the winner of the 2023 Samsung Open Collaboration, held in South Korea.

Previously known as Wecover Platforms, Linq secured its win after a 4-month collaboration with Samsung Life Insurance in October. Linq was a standout among the 14 startups that advanced to the final round from an initial pool of 317 participants. This AI Underwriting chat solution, trained and embedded over tens of thousands of pieces of data, not only allows underwriters to evaluate the risk associated with insuring a potential client for cancer insurance but can also explain the reasons behind its results—a feature that was not possible in prior AI-powered underwriting solutions.

For the first time, Linq has successfully demonstrated the combination of advanced AI, including Bayesian neural networks with LLMs. Linq has taken measures to backtrack the significant factors that determine the results in AI models, addressing a notable challenge that previous AI models faced. Their method reflects which factors overcome the limitations of prior AI models that could not explain the reasons for the results by AI. Jacob Choi, Founder and CEO of Linq, stated, “Working closely with South Korea’s leading insurance company gave us access to a wealth of high-quality data. This collaboration reinforced our belief in the power of LLMs to innovate in the underwriting sector.” He continued, “Our goal at Linq is to make it simpler for businesses to integrate their own knowledge with large language models using our advanced vector database management platform.” He also highlighted plans to incorporate multimodal embedding models to deepen the understanding of corporate documents.

About Linq:

Linq is dedicated to building a vector database management platform that empowers companies to harness large language models, unlocking the full potential of their internal knowledge. Linq’s precise and user-friendly API solution is starting to be used by leading legal and insurance firms in South Korea. In addition, it provides solutions for the technical support sector within the US market.

Contact Information:

Jacob Chanyeol Choi, Founder & CEO
jacob.choi@getlinq.com