Tag Archives: ECP

PR Newswire

Abracon Announces The Release of Their Brand-New Line of 2.7V & 3.0V EDLC Radial Supercapacitors

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SPICEWOOD, Texas, Oct. 4, 2023 /PRNewswire/ — Abracon, a leading provider of Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions, announces the launch of an all-new line of 2.7V & 3.0V EDLC radial supercapacitors. These supercapacitors have the capacity to revolutionize energy supply and energy storage with their unmatched performance, reliability, and versatility.

Abracon’s new line of supercapacitors, also known in the industry as ultracapacitors, have been designed and engineered to address the ever-growing demands for high-capacity, fast-charging energy storage solutions across a wide range of industries, including automotive, renewable energy, industrial automation, and consumer electronics.

Abracon’s EDLC (electric double layer capacitor) supercapacitors deliver exceptional energy density, providing an efficient and compact energy storage solution. These 2.7-volt and 3.0-volt supercapacitors also excel in applications requiring quick power bursts due to their ultra-fast charging and discharging capabilities. Furthermore, these supercapacitors from Abracon are engineered for longevity, boasting an impressive lifecycle that minimizes maintenance costs and enhances system durability. Abracon supercapacitors also seamlessly operate across a wide temperature range, making them suitable for deployment in challenging environmental conditions.

“With regards to material sciences, exciting advancements are propelling the evolution of energy storage and power supply systems,” explains Matthew Deleon, Product Manager of Power & Magnetics at Abracon. “We are aligning ourselves with the industry’s needs for extended, higher-power solutions, with a dedicated focus on driving innovation and sustainability in supercapacitor solutions.”

Abracon’s new 2.7V and 3V EDLC radial supercapacitors are in-stock and available now. Contact an authorized Abracon sales representative or distributor to learn more. For inquiries about Abracon’s new supercapacitors or to speak with the technical support team, please contact +1-512-371-6159.

Visit https://abracon.com/edlc-radial-supercapacitors to learn more.

About Abracon:

Headquartered outside of Austin, Texas, Abracon is a trusted supplier of leading-edge and innovative electronic components including Frequency Control, Timing, Power, Magnetics, RF and Antenna solutions. Servicing world-class companies across the data communication, transportation, industrial, medical, consumer, aerospace, and defense industries, Abracon accelerates customers’ time-to-market by providing unmatched product solutions, technical expertise, and service excellence.

PR Newswire

ViewSonic Develops Comprehensive EDLA Lineup with New ViewBoard IFP52-2 Series

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New Launch Makes Brand First in Industry with Android EDLA Certification Across IFP Solutions

BREA, Calif., Sept. 26, 2023 /PRNewswire/ — ViewSonic Corp., a leading global provider of visual solutions, has completed its comprehensive lineup of education solutions certified under Android™ Enterprise Devices Licensing Agreement (EDLA) with today’s announcement of its ViewBoard IFP52-2 Series. ViewSonic’s EDLA-certified solutions seamlessly integrate the Android operating system with the Google Play Store*, empowering teachers, students, and IT administrators with versatile collaboration tools and state-of-the-art security measures for enhanced productivity.

ViewSonic extended its lineup of education solutions certified under Android™ Enterprise Devices Licensing Agreement (EDLA) with the launch of the ViewBoard IFP52-2 Series. The comprehensive offering of EDLA solutions accommodates the diverse needs of schools and classrooms around the world.
ViewSonic extended its lineup of education solutions certified under Android™ Enterprise Devices Licensing Agreement (EDLA) with the launch of the ViewBoard IFP52-2 Series. The comprehensive offering of EDLA solutions accommodates the diverse needs of schools and classrooms around the world.

“With sustainability in mind, ViewSonic now empowers education institutions with a truly complete offering of EDLA-certified solutions for upgrading the centerpiece of classrooms,” said Clifford Chen, General Manager of the Presentation Group at ViewSonic. “Whether they need a whole new interactive display or a module to upgrade and avoid replacement, we now can ensure either option offers the simplicity and security of seamless Google integration.”

Comprehensive EDLA-certified Education Solutions
Following ViewSonic’s launch of the EDLA-certified VPC-A31-O1 slot-in PC in May 2023, this expansion of the EDLA offering marks a significant milestone that underscores the success of the company’s Ecosystem as a Service (EaaS) strategy. This strategy optimizes communication between customers and partners, bringing together the insights of key stakeholders to develop comprehensive ecosystems tailored to the needs of global customers.

The company’s complete offering of EDLA solutions accommodates the diverse needs of schools and classrooms around the world. Specifically, the new ViewBoard IFP52-2 Series provides an ideal all-in-one solution, offering 65″, 75″, and 86″ screen sizes to integrate into a varied range of classroom setups. For schools looking to avoid the disposal of outdated hardware, the VPC-A31-O1 slot-in PC module offers an easily serviceable solution that makes upgrading existing interactive displays convenient.

Elevating Classroom Productivity, Collaboration, and Security 
Combining an upgraded 4K UHD interactive display with an integrated front-facing multimedia soundbar, the new EDLA-certified ViewBoard IFP52-2 Series interface prominently positions the Google search bar within its customizable Android 13* launcher. This offers an intuitive way for teachers and students to interact and learn. Now, users can Google information from the home screen launcher by typing with a keyboard or using their voice, making searching and browsing the internet more efficient and user-friendly.

To boost classroom productivity, the new series provides full access to the Google Play Store. This expands classroom possibilities by providing access to apps like Chrome, Google Maps, YouTube, and Google Drive while simplifying the installation of preferred educational apps*. Adding to the native multitasking capabilities and the wealth of available digital learning resources, this series empowers teachers to enrich their classes with the integrated myViewBoard software. Featuring digital whiteboarding and screen-casting software, myViewBoard enables the delivery of highly engaging and interactive learning experiences.

Catering to the needs of school IT managers and administrators, myViewBoard streamlines device management and broadcasting. With a focus on safeguarding teacher, student, and school data, this series boasts robust cybersecurity measures, including Google security patches and firmware updates. Additionally, the Android operating system allows for automatic app updates for continued protection.

Availability
The new Android EDLA-certified ViewBoard IFP52-2 Series will be available starting in October 2023.

*Android, Google, Chrome, Google Maps, YouTube, and Google Drive are trademarks of Google LLC.

About ViewSonic
Founded in California, ViewSonic is a recognized leader in the global visual solutions arena and conducts business in over 100 countries worldwide. Recognized as an innovator in the industry, ViewSonic is committed to providing a comprehensive range of hardware and software solutions. Includes monitors, projectors, pen displays, commercial displays, All-in-One LED displays, ViewBoard interactive displays, and the myViewBoard software ecosystem. With over 35 years of expertise in visual displays, ViewSonic has solidified its reputation for delivering innovative and reliable solutions across education, enterprise, consumer, and professional markets, helping customers “See the Difference.” To find out more about ViewSonic, please visit our website at www.viewsonic.com.

PR Newswire

JA Solar Signs Agreement for Second Largest Photovoltaic Power Plant Project in Bangladesh

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BEIJING, Sept. 25, 2023 /PRNewswire/ — JA Solar signed a cooperation agreement with Paramount Group, a Bangladeshi energy group, to provide all PV modules for a 150MW photovoltaic (PV) power plant project. Both parties will give full play to their advantages and work together to promote the transformation of Bangladesh’s energy structure. The project is expected to be completed by the end of December 2023. Upon completion, it will be the largest PV power plant completed in Bangladesh in 2023 and the second-largest PV power plant in the country.

JA Solar Signs Agreement for Second Largest Photovoltaic Power Plant Project in Bangladesh
JA Solar Signs Agreement for Second Largest Photovoltaic Power Plant Project in Bangladesh

Shakhawat Hossain, Chairman of Paramount Group, a highly influential business conglomerate in Bangladesh, said, “As a leading PV company, JA Solar has won a good reputation worldwide for its excellent technical strength and product quality. We look forward to working together to promote the development of Bangladesh’s PV market through the signing of this agreement.”

Daniel Li, Sales Director of Southeast Asia of JA Solar, said “Paramount Group has far-reaching influence in Bangladesh, and JA Solar is honored to establish cooperation with Paramount Group. We hope that the cooperation between JA Solar and Paramount Group will promote the popularization and application of PV in Bangladesh and create more value for the Bangladeshi PV market.”

Bangladesh is rich in light resources and has favorable conditions for the development of PV. In recent years, JA Solar has been actively developing the Bangladeshi market and has supplied all modules for the first large-scale solar power plant in Bangladesh, a 28MW project. With its high-efficiency products and high-quality services, JA Solar will continue to promote the sustainable development of the Bangladeshi PV market and contribute to efforts towards green and low-carbon transformation in Bangladesh.

Source: JA Solar Technology Co., Ltd.

PR Newswire

Easybom: Your Reliable Partner for Electronic Component Search and Procurement

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SHENZHEN, China, Sept. 12, 2023 /PRNewswire/ — Easybom, as a leading global electronic component search platform, has successfully connected millions of terminal factories worldwide through its extensive business coverage and years of accumulated experience. Easybom is committed to meeting the procurement needs of customers and constantly providing the latest industry insights. The purpose of Easybom is to simplify the search and procurement process of electronic components, providing an efficient and convenient solution for manufacturers, distributors, and other companies related to the electronics industry.

Easybom's homepage interface
Easybom’s homepage interface

Easybom is a feature-rich platform designed to support engineers and procurement specialists in their work. The numerous features of Easybom are as follows. Firstly, the interface design is simple and intuitive, which makes it easy for users to find the information and services they need. Secondly, the product range is wide, Easybom offers a comprehensive selection of electronic components, including integrated circuits, semiconductors, resistors, capacitors, sensors, transducers, discrete semiconductors, etc. Thirdly, users can easily search for specific parts, manufacturers, or specifications, and even compare different products based on criteria such as specifications, manufacturers, and prices. Fourthly, Easybom also provides a wide range of electronic component data sheets for user reference. Fifthly, we provide reliable global procurement services to ensure that customers can purchase the latest and most competitive electronic components. Sixthly, Easybom is committed to providing excellent customer service, with a professional team ready to answer any questions or doubts from users at any time. In short, whether in product selection, procurement process, or after-sales support, Easybom is your reliable partner.

Easybom always adheres to the spirit of unity, innovation, efficiency, and integrity, providing high-quality services. Whether you are a manufacturer of electronic components, a distributor, or a company seeking efficient and convenient solutions in the electronics industry, Easybom has the ability to provide the tools and resources you need. With its rich inventory, high-quality products, and excellent customer service, Easybom has established a good reputation in the industry.

PR Newswire

Vault Creation, a South Korea etching company, has completed preparations for mass-producing 500ppi FMM for mobile

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Achieving a resolution of 500ppi with proprietary technology and having completed initial setup of a production equipment for mass production

SEOUL, South Korea, Sept. 7, 2023 /PRNewswire/ — Korean dry etching specialized company, Vault Creation Co., Ltd., has announced that it will start selling FMM for smartphones with a resolution of 500ppi, which is an essential component of mobile displays, to demand companies and research institutes that need it from September 1, 2023.

copyright(c) Vault Creation All rights reserved
copyright(c) Vault Creation All rights reserved

Until now, FMM-related companies worldwide have invested astronomical resources exclusively in Japan to develop high-resolution FMM for smartphones. However, it is true that encountered technical limitations without providing practical results.

In this situation, Vault Creation, a South Korea company, which announced its entry into the market, has a golden opportunity to reshape the global FMM industry. As a venture established less than a decade ago in South Korea, Vault Creation has succeed in implementing the world’s best resolution after seven years of research and showed its amazing ability to build mass production facilities in a short time.

FMM(Fine Metal Mask) is a mask used to form Red(R), Green(G), and Blue(B) subpixels in small and medium-sized OLED panels and is a key material in the OLED deposition process. The microring mirroring is uniform and cross-sectional angles, step height, and location precision are required because the deposited organic matter serves as a major component that allows precise deposition only in the TFT(Thin Film Transistor) pixel area. No defects, such as appearance deformation, imprinting, clogging, or sticking, are allowed.

Accordingly, FMM-related companies around the world, including Korea, Mainland China, Japan, and Taiwan have invested heavily in the development of high-resolution FMM using methods like wet or electroplating etching. However, up until now, no company has succeeded in achieving mass production for the market, and supplying or selling to demand sources was simply not possible. This situation has led to complete dependence on Japan for FMM.

Especially, FMM for OLED used in smartphone panel production has been produced by companies such as TOPPAN in Japan and Darwin in Taiwan. However, in practice, a Japanese company DNP(Dai Nippon Printing) has effectively monopolized the global market for OLED FMM.

Since 2015, Vault Creation has developed its own ‘Ion Beam Dry Etching Technology’ to secure global intellectual property and completed FMM development 2 years ago using a low-temperature process, and until recently, it has been confirmed that it has advanced technology for mass production.

The ion beam dry etching technology developed by Vault Creation stands out from another etching process like wet etching or electroplating. It allows etching without damaging the material and leaves no residual impurities. Moreover, using the advantages of dry etching, they claim to be able to manufacture according to the specifications of customers in terms of etching angles and shapes, as required.

CIPO(STEVE JAY) has announced the official start of sales stating, “Until now, the only company capable of providing FMM for the high-resolution market worldwide was Japan’s ‘DNP’. Over the past 7years, we have completed technological development that can diversify this exclusive market and we are fully prepared for mass production to supply 500ppi FMM to any company in need. The supply price can also be offered much more affordably than before, so we encourage all global demand companies to inquire anytime.“

A representative from the display industry said, “Currently, high-resolution FMM production can only be produced in Japan globally. As a result, many companies had problems in the research and development of displays because the supply is limited and not smooth. If the mass production volume of Vault Creation comes to the market, it is expected that much research and development will be activated in the VR and AR industries as well as the research and development of existing high-resolution displays.

Currently, Vault Creation is accepting orders through its website.

* FMM order and contact E-MAIL : fmm@vaultcreation.com

copyright(c) Vault Creation All rights reserved
copyright(c) Vault Creation All rights reserved

PR Newswire

Mouser Electronics Receives Fifth Consecutive APAC e-Catalogue Distributor of the Year Award from Molex

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SHANGHAI, Sept. 6, 2023 /PRNewswire/ — Mouser Electronics, Inc., the industry’s leading New Product Introduction (NPI) distributor with the widest selection of semiconductors and electronic components™, proudly announces that it has received the esteemed APS e-Catalogue Distributor of the Year award from Molex. Mouser received the award in recognition of increased customer count, fastest point-of-sale (POS) growth, inventory management, and overall operational excellence across the Asia Pacific (APAC) region in 2022. Mouser previously won the award for performance in 2021, 2020, 2019, and 2018. Earlier this year, Mouser also received Molex’s Global High Service Distributor of the Year award for the sixth consecutive year.

“We are thrilled to present the Mouser APAC team with this award for the fifth-straight year,” stated Fred Bell, Vice President of Global Distribution at Molex. As a vital component of our business strategy, high-service distribution is paramount, and Mouser’s unparalleled performance and exceptional service truly set them apart. Congratulations to the entire Mouser team on this achievement.”

“We are truly delighted to receive this prestigious award from Molex. Our partnership with Molex is highly valued, and we are committed to providing best-in-class service, fostering innovation, and promoting collaboration to meet the diverse needs of our customers. We eagerly look forward to building on this success and achieving even greater milestones in the coming years.” said Daphne Tien, Vice President of Marketing and Business Development for Mouser APAC.

Mouser provides design engineers with access to over 31,000 Molex products in stock and ready for shipment. To learn more, visit https://www.mouser.com/manufacturer/molex/.

For a comprehensive archive of technical articles, infographics, videos and more from Molex, go to https://molex.mouser.com/.

About Mouser Electronics

Mouser Electronics, a Berkshire Hathaway company, is an authorized semiconductor and electronic component distributor focused on New Product Introductions from its leading manufacturer partners. Serving the global electronic design engineer and buyer community, the global distributor’s website, mouser.com, is available in multiple languages and currencies and features more than 6.8 million products from over 1,200 manufacturer brands. Mouser offers 27 support locations worldwide to provide best-in-class customer service in local language, currency and time zone. The distributor ships to over 650,000 customers in 223 countries/territories from its 1 million-square-foot, state-of-the-art distribution facilities in the Dallas, Texas, metro area. For more information, visit https://www.mouser.com/.

PR Newswire

Jackery’s Trailblazing Journey to IFA 2023: Unveiling the Solar Generator 1000 Plus and 300 Plus

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BERLIN, Sept. 3, 2023 /PRNewswire/ — In a world where technology intertwines with our daily lives more than ever before, the demand for reliable and portable power solutions has surged to new heights. As the industry continues to evolve, Jackery has remained at the forefront, pushing boundaries and redefining the way we think about energy independence. This year, at IFA Berlin 2023, Jackery has once again captured the spotlight by introducing their latest innovations: the Solar Generator 1000 Plus and 300 Plus – two powerful additions to their acclaimed line of solar generators.

The collection showcases Jackery’s advanced solutions, featuring the Solar Generator 1000 Plus with expandable capacity and the Solar Generator 300 Plus, a lightweight backpack option. These compact and portable generators provide enhanced mobility, safety, reliability, and ease of use, offering significant advantages to a global user base.


Solar Generator 1000 Plus: Safety,  more power and expandable capacity

The Solar Generator 1000 Plus boasts a large capacity of 2000W, a 20% increase compared to  similar-level products Furthermore,  with up to 3 add-on battery packs, the solar generator can be expanded to 5 kWh, sustaining 1-3 days of outdoor adventures or home emergency backup. The innovative ChargeShield technology combined with a long-lasting LFP(LiFePO4) battery cell of 4000 cycles lifespan, guarantees that the Solar Generator 1000 Plus will be a faithful companion for years to come.

Utilizing the boundless energy of the sun, the Solar Generator 1000 Plus supports solar charging in just 2 hours with four 200W solar panels, ensuring a reliable and renewable energy source for your outdoor adventures.

Solar Generator 300 Plus: Small, light and portable

The Solar Generator 300 Plus introduces the concept of a “Solar Generator in Your Backpack,” providing a versatile and convenient energy solution. Just like its counterpart, the 300 Plus incorporates Jackery’s ChargeShield technology, ensuring that safety is never compromised. The stepped variable-speed charging algorithm enhances battery lifespan by 50%, even when facing challenging conditions such as high temperatures.

Weighing a mere 5KG, the Solar Generator 300 Plus is designed to be a true travel companion. Its foldable handle design and lightweight profile make it incredibly easy to carry, set up, and utilize. The introduction of a brand new book-sized 40W solar panel further amplifies the portability factor, allowing you to harness solar energy wherever your journey takes you. In addition, this solar panel has an IEC Certification( IEC TS 63163) by TÜV, ensuring unrivaled quality and reliability. The IP68 waterproof and dust- resistant rating emphasizes durability, making it ideal for traveling and camping. 


Pioneering the Solar Generator Revolution

Last year, Jackery participated in IFA Berlin 2022 and introduced the Solar Generator 1000 Pro, a high-capacity and cost-effective option that serves as the flagship model in the Pro series. Notably, this model boasts rapid charging capabilities, capable of achieving a complete solar charge within 1.8 hours when paired with four SolarSaga 200W panels. The launch of the Solar Generator 1000 Pro was met with considerable acclaim and an enthusiastic response.

Over the course of the following year, Jackery underwent product evolution, transitioning from the Pro series to the Plus series. The most significant alteration is the enhancement of both safety and reliability.

For an extended period, Jackery has consistently showcased its resolute commitment to sustainability. Recently, the company obtained carbon footprint verification from TÜV SÜD for a selection of ten products. Moreover, Jackery’s enduring drive for sustainable advancement has been honored with the prestigious SEAL Sustainable Product Award in 2023, specifically recognizing the remarkable Solar Generator 2000 Plus. Jackery also maintains a strong dedication to environmental conservation, actively engaging in diverse initiatives. Collaborating with the National Forest Foundation (NFF), Jackery successfully planted 10,000 trees. 

The stage is set at IFA Berlin 2023, where Jackery is proudly presenting the Solar Generator 1000 Plus and 300 Plus. Amidst the vibrant atmosphere of this grand event, attendees are getting an up-close look at the future of portable power solutions.

Jackery’s presence at IFA signifies the pinnacle of their evolution from a Silicon Valley startup to a worldwide power solution provider, underscoring their unwavering dedication to innovation, excellence, and meeting customer needs. Jackery has been striving on the journey of fulfilling their mission “Bring Green Energy to All”. Whether you’re an adventurer seeking energy independence or a conscious consumer looking for sustainable solutions, Jackery’s Solar Generator 1000 Plus and 300 Plus are poised to redefine your relationship with power–on your terms. The Solar Generator 1000 Plus and 300 Plus are available for purchase on multiple platforms, including Amazon, the official Jackery website, and various third-party channels from September 1st. 

For more information, please visit www.jackery.com

Source: Jackery Inc.

PR Newswire

Canadian Solar EP Cube Achieves LUMA Certification in Puerto Rico, Reinforces Commitment to a Sustainable Future

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SAN JUAN, Puerto Rico, Aug. 29, 2023 /PRNewswire/ — Canadian Solar announces the attainment of LUMA certification in Puerto Rico for the EP Cube, a vertically-developed residential storage system. This recognition from LUMA, the private operator managing transmission and distribution requirements of the electric grid in Puerto Rico, solidifies EP Cube’s role as a reliable contributor to the region’s energy sector. It also highlights the company’s active involvement in promoting a greener and more sustainable energy future.

EP Cube, recently introduced in Puerto Rico, brings homeowners a consistent power supply. It alleviates concerns about grid instability, including outages due to bad weather or utility blackouts. Installers love how easy it is to install the EP Cube system. Luquillo Felix Marquez, a local end-user in Puerto Rico, says, “The EP Cube offers flexible sizing from 9.9 – 19.9 kWh so I can customize the system to the need of my family. Plus, it’s fast and easy to install.”

EP Cube is available to homeowners and installers in Puerto Rico who want to take advantage of the recently announced solar incentive program from the Puerto Rico Department of Housing. The program offers grants to eligible homeowners and installers to support their installation of renewable energy.

“Earning LUMA certification is a significant achievement that reflects our unwavering commitment to a sustainable future in Puerto Rico,” says Andy Yin, the General Manager of Eternalplanet, an independent brand under Canadian Solar that designed and developed EP Cube. “We are thrilled to contribute to the region’s renewable energy transition and collaborate with partners like LUMA Energy to make a positive impact on the local energy landscape. This certification reaffirms our dedication to Puerto Rico’s energy goals and sustainability.”

The attainment of LUMA certification highlights Canadian Solar and Eternalplant’s resolute commitment to Puerto Rico’s energy landscape.

About Eternalplanet

Eternalplanet is a consumer-oriented independent brand of energy technology under Canadian Solar, with independent design, R&D, manufacturing and global service capabilities. Eternalplanet always adheres to scientific and technological innovation and is committed to providing energy solutions for people and promoting the sustainable development of the world. In September 2022, Eternalplanet launched the first self-designed-and-developed residential energy storage system in the United States – EP Cube. EP Cube adopts industry-leading technologies to provide all-round power backup for every household, with higher safety performance and more flexible capacity expansion. More information on the company can be found at https://epcube.com.

About Canadian Solar Inc.

Canadian Solar was founded in 2001 in Canada and is one of the world’s largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 22 years, Canadian Solar has successfully delivered around 94 GW of premium-quality, solar photovoltaic modules to customers across the world. Likewise, since entering the project development business in 2010, Canadian Solar has developed, built and connected over 8.8 GWp in over 20 countries across the world. Currently, the Company has approximately 609 MWp of projects in operation, 6.9 GWp of projects under construction or in backlog (late-stage), and an additional 17.7 GWp of projects in advanced and early-stage pipeline. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit https://www.canadiansolar.com.

Eternalplanet Contacts

Mimosa Kan
Business Development
+86 135 1087 0501
mimosa.kan@eternal-planet.com 

Eli Hu
Public Relations
+86 137 5825 8975
eli.hu@eternal-planet.com 

Canadian Solar Inc. Investor Relations Contacts

Isabel Zhang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

David Pasquale
Global IR Partners
914-337-8801
csiq@globalirpartners.com 

PR Newswire

Focusing on High-performance Advanced Packaging and Global Layout, JCET Achieved Quarter-on-Quarter Growth in Q2 2023

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Q2 2023 Financial Highlights:

  • Revenue was RMB 6.31 billion, an increase of 7.7% quarter-on-quarter.
  • Generated RMB 1.19 billion cash from operations. With net capex investments of RMB 0.75 billion, free cash flow for the quarter was RMB 0.44 billion.
  • Net profit was RMB 0.39 billion, an increase of 250.8% quarter-on-quarter.
  • Earnings per share was RMB 0.22, as compared to RMB 0.39 in Q2 2022.

1H 2023 Financial Highlights:

  • Revenue was RMB 12.17 billion.
  • Generated RMB 2.42 billion cash from operations. With net capex investments of RMB 1.56 billion, free cash flow for the first half of 2023 was RMB 0.86 billion.
  • Net profit was RMB 0.5 billion.
  • Earnings per share was RMB 0.28, as compared to RMB 0.87 in 1H 2022.

SHANGHAI, Aug. 25, 2023 /PRNewswire/ — Today, JCET Group (SSE: 600584), a leading global provider of integrated circuit (IC) back-end manufacturing and technology services, announced its financial results for the first half year of 2023. The financial report shows that in the first half of 2023, JCET achieved revenue of RMB 12.17 billion, and net profit of RMB 0.5 billion. In Q2 2023 JCET achieved revenue of RMB 6.31 billion, an increase of 7.7% quarter-on-quarter, and net profit of RMB 0.39 billion, an increase of 250.8% quarter-on-quarter.

In the first half of 2023, the global semiconductor industry was in the fluctuating stage of bottoming out and rebounding. JCET adhered to high-performance advanced packaging technologies and product development mechanism, focusing on solutions for emerging applications such as high performance computing and storage, enhanced strategic layout of production capacity, and further strengthened its market position in the global IC industry.

JCET continues to enhance its technological innovation, with R&D investment of RMB 0.67 billion in the first half of this year, a year-on-year increase of 5.0%. The company’s multi-dimensional fan-out heterogeneous integration solution XDFOI™ for 2.5D/3D packaging achieved HVM, providing high-performance chiplet package solutions and production capacity for global customers. In collaboration with multiple customers in the field of high-density SiP technology, JCET has achieved the development and mass production of multiple RFFE modules and AiP modules in the 5G millimeter-wave market. The company is intensifying its market exploration in sectors such as automotive electronics, industrial electronics, and high-performance computing. During the reporting period, revenue from automotive electronics achieved a year-on-year growth of 130%. The company has established a subsidiary with controlling stake in the Lingang New Area of Shanghai, reinforcing its strategic capacity layout in the field of automotive electronics.

In addition, the company has optimized various operational expenses and asset structures, maintaining a stable cash flow capability. It has achieved positive free cash flow for 15 consecutive quarters.

While pursuing its own development, JCET actively engages in philanthropic efforts, contributing to society in areas such as health and environmental protection, disaster relief during floods, and science popularization initiatives.

Mr. Li Zheng, CEO of JCET, said, “JCET has always centered its focus on customers, and achieved quarter-on-quarter growth in performance for the second quarter of this year. Looking ahead, the direction of high-performance advanced packaging technology driving the innovation of the IC industry has become increasingly clear. JCET remains committed to achieving high-quality development through professional and international management, and will continue to create value for investors and the IC industry.”

For more information, please refer to the JCET 1H FY2023 Report.

About JCET Group

JCET Group is the world’s leading integrated-circuit manufacturing and technology services provider, offering a full range of turnkey services that include semiconductor package integration design and characterization, R&D, wafer probe, wafer bumping, package assembly, final test and drop shipment to vendors around the world.

Our comprehensive portfolio covers a wide spectrum of semiconductor applications such as mobile, communication, compute, consumer, automotive and industry etc., through advanced wafer level packaging, 2.5D/3D, System-in-Packaging, and reliable flip chip and wire bonding technologies. JCET Group has two R&D centers in China and Korea, six manufacturing locations in China, Korea and Singapore, and sales centers around the world, providing close technology collaboration and efficient supply-chain manufacturing to customers in China and around the world.

CONSOLIDATED BALANCE SHEET (Unaudited)                                                                

RMB in millions

Jun 30, 2023

Dec 31, 2022

ASSETS

Current assets

  Currency funds

5,352

2,459

  Trading financial assets

2,006

4,316

  Derivative financial assets

0

18

  Accounts receivable

3,545

3,689

  Receivables financing

105

59

  Prepayments

127

110

  Other receivables

63

61

  Inventories

3,003

3,152

  Other current assets

251

279

Total current assets

14,452

14,143

Non-current assets

  Long-term receivables

41

40

  Long-term equity investments

744

765

  Other equity investments

456

440

  Investment properties

87

89

  Fixed assets

19,574

19,517

  Construction in progress

710

807

  Right-of-use assets

567

578

  Intangible assets

483

483

  Goodwill

2,293

2,210

  Long-term prepaid expenses

22

28

  Deferred tax assets

274

247

  Other non-current assets

106

61

Total non-current assets

25,357

25,265

Total assets

39,809

39,408

LIABILITIES AND EQUITY  

Jun 30, 2023

Dec 31, 2022

Current liabilities

  Short-term borrowings

1,211

1,174

  Derivative financial liabilities

2

0

  Notes payable

215

339

  Accounts payable

4,603

4,634

  Contract liabilities

273

214

  Employee benefits payable

689

984

  Taxes and surcharges payable

158

210

  Other payables

396

378

  Current portion of long-term liabilities

2,857

3,096

  Other current liabilities

4

4

Total current liabilities

10,408

11,033

Non-current liabilities

  Long-term borrowings

3,013

2,721

  Lease liabilities

549

562

  Long-term employee benefits payable

11

14

  Deferred income

362

340

  Deferred tax liabilities

14

40

  Other non-current liabilities

41

55

Total non-current liabilities

3,990

3,732

Total liabilities

14,398

14,765

Equity

  Paid-in capital

1,787

1,780

  Capital reserves

15,265

15,080

  Accumulated other comprehensive income

750

400

  Specialized reserves

2

0

  Surplus reserves

229

229

  Unappropriated profit

7,292

7,154

Total equity attributable to owners of the parent

25,325

24,643

Minority shareholders

86

0

Total equity

25,411

24,643

Total liabilities and equity

39,809

39,408

CONSOLIDATED INCOME STATEMENT (Unaudited)                                                                                                     

RMB in millions, except share data

Three months ended

Six months ended

Jun 30, 2023

Jun 30, 2022

Jun 30, 2023

Jun 30, 2022

Revenue

6,313

7,455

12,173

15,594

Less: Cost of sales

5,359

6,107

10,525

12,706

          Taxes and surcharges

27

27

47

43

          Selling expenses

51

48

100

97

          Administrative expenses

175

236

347

494

          Research and development expenses

360

315

669

638

          Finance expenses

(7)

(8)

51

15

            Including: Interest expenses

68

49

131

92

                     Interest income

27

9

35

16

Add: Other income

40

26

73

83

         Investment income / (loss)

(24)

28

(21)

40

            Including: Income / (loss) from investments in associates and joint ventures

(10)

(2)

(21)

(7)

         Gain / (loss) on changes in fair value of financial assets/liabilities 

37

(17)

46

(14)

         Credit impairment (loss is expressed by “-“)

(6)

2

(1)

(5)

         Asset impairment (loss is expressed by “-“)

(5)

(65)

0

(64)

         Gain / (loss) on disposal of assets 

13

9

16

23

Operating profit / (loss)

403

713

547

1,664

Add: Non-operating income

2

1

3

6

Less: Non-operating expenses

0

1

4

1

Profit / (loss) before income taxes

405

713

546

1,669

Less: Income tax expenses

19

31

50

126

Net profit / (loss) 

386

682

496

1,543

Classified by continuity of operations

  Profit / (loss) from continuing operations

386

682

496

1,543

Classified by ownership

  Net profit / (loss) attributable to owners of the parent

386

682

496

1,543

  Net profit / (loss) attributable to minority shareholders

0

0

0

0

Add: Unappropriated profit at beginning of period

7,264

5,196

7,154

4,335

Less: Cash dividends declared

358

356

358

356

Unappropriated profit at end of period (attributable to owners of the parent）

7,292

5,522

7,292

5,522

Other comprehensive income, net of tax

481

419

350

386

Comprehensive income attributable to owners of the parent

481

419

350

386

Comprehensive income not be reclassified to profit or loss

6

0

17

0

  Remeasurement gains or losses of a defined benefit plan

0

0

1

0

  Change in the fair value of other equity investments

6

0

16

0

Comprehensive income to be reclassified to profit or loss

475

419

333

386

  Comprehensive income using the equity method that may be reclassified to profit or loss

0

(7)

0

(7)

  Cash flow hedge reserve

0

(13)

0

(18)

  Exchange differences of foreign currency financial statements

475

439

333

411

Total comprehensive income

867

1,101

846

1,929

  Including:

     Total comprehensive income attributable to owners of the parent

867

1,101

846

1,929

     Total comprehensive income attributable to minority shareholders

0

0

0

0

Earnings per share

  Basic earnings per share

0.22

0.39

0.28

0.87

  Diluted earnings per share

0.22

0.39

0.28

0.87

CONSOLIDATED CASH FLOW STATEMENT (Unaudited)

RMB in millions

Three months ended

Six months ended

Jun 30, 2023

Jun 30, 2022

Jun 30, 2023

Jun 30, 2022

CASH FLOWS FROM OPERATING ACTIVITIES

  Cash receipts from the sale of goods and the rendering of services

6,178

8,184

13,162

16,999

  Receipts of taxes and surcharges refunds

122

32

216

147

  Other cash receipts relating to operating activities

110

62

163

132

Total cash inflows from operating activities

6,410

8,278

13,541

17,278

  Cash payments for goods and services

4,069

5,766

8,454

11,612

  Cash payments to and on behalf of employees

878

1,060

2,072

2,309

  Payments of all types of taxes and surcharges

254

314

466

501

  Other cash payments relating to operating activities

22

93

128

171

Total cash outflows from operating activities

5,223

7,233

11,120

14,593

Net cash flows from operating activities

1,187

1,045

2,421

2,685

CASH FLOWS FROM INVESTING ACTIVITIES

  Cash receipts from returns of investments

4,350

4,160

8,280

5,160

  Cash receipts from investment income

38

32

52

38

  Net cash receipts from disposal of fixed assets, intangible assets and other long-term assets

7

8

32

34

  Net cash receipts from disposal of subsidiaries and other business units

0

(1)

0

27

Total cash inflows from investing activities

4,395

4,199

8,364

5,259

  Cash payments to acquire fixed assets, intangible assets and other long-term assets

749

651

1,588

1,550

  Cash payments for investments

3,200

4,310

5,980

5,960

Total cash outflows from investing activities

3,949

4,961

7,568

7,510

Net cash flows from investing activities

446

(762)

796

(2,251)

CASH FLOWS FROM FINANCING ACTIVITIES

  Cash proceeds from investments by others

230

0

230

0

      Including: Cash receipts from capital contributions from minority shareholders of subsidiaries

86

0

86

0

  Cash receipts from borrowings

1,317

985

1,664

1,515

Total cash inflows from financing activities

1,547

985

1,894

1,515

  Cash repayments for debts

755

988

1,740

1,734

  Cash payments for distribution of dividends or profit and interest expenses

414

49

467

90

  Other cash payments relating to financing activities

16

446

48

589

Total cash outflows from financing activities

1,185

1,483

2,255

2,413

Net cash flows from financing activities

362

(498)

(361)

(898)

EFFECT OF EXCHANGE RATE CHANGES ON CASH AND CASH EQUIVALENTS

45

59

37

57

NET INCREASE IN CASH AND CASH EQUIVALENTS

2,040

(156)

2,893

(407)

Add: Cash and cash equivalents at beginning of period

3,306

2,512

2,453

2,763

CASH AND CASH EQUIVALENTS AT END OF PERIOD

5,346

2,356

5,346

2,356
PR Newswire

Khadas Introduces Mind Series to Deliver a Next-Gen Portable Computing Experience with an Innovative Ecosystem

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Khadas Mind is now available to order via a Kickstarter crowdfunding campaign.

SHENZHEN, China, Aug. 24, 2023 /PRNewswire/ — Khadas, an emerging technology company that designs and manufactures cutting-edge computing and electronic devices, today announces the launch of a Kickstarter crowdfunding campaign for their next-generation portable-computer series, the Khadas Mind Portable Workstation. The company is also developing a versatile ecosystem of peripherals for the Khadas Mind, that is based upon its proprietary Mind Link interface. 

Khadas Mind Family
Khadas Mind Family

Building upon Khadas’ ongoing momentum in the realm of ARM-based PCs and consumer electronics, this revolutionary lineup aims to redefine the portable computing experience by offering a truly versatile, flexible, and powerful multidimensional computing solution. With the Khadas Mind Portable Workstation and its ecosystem, we seek to unlock a new era of productivity, providing users the ability to seamlessly transition between various computing modes using the same computer, all whilst delivering uncompromising performance.

Early backers can save up to USD 300 when ordering the Khadas Mind with Intel Core i7-1360P, 32GB RAM and 1TB SSD at a special price of USD 799 during the crowdfunding campaign before it becomes available for sale online in select e-commerce platforms at a retail price of USD 1099.

Unparalleled Portability and Flexibility

Khadas Mind is designed to maximise portability with its compact and lightweight form-factor. Weighing only 0.99lbs and measuring a quarter the size of an A4 sheet of paper, Khadas Mind is significantly smaller than a regular laptop, making it convenient to carry in your pocket or handbag.

To take its flexibility to yet another level, Khadas Mind integrates a 5.55Wh standby battery that allows up to 5 hours of sleep, providing a unique advantage over regular Mini PCs. With Mind, you can safely disconnect the device from a power source without needing to shut it down, allowing for uninterrupted usage. When plugged back into power, Mind automatically wakes up, minimising downtime and maximising productivity. Enjoy the convenience of seamless transitions and uninterrupted workflows with Khadas Mind.

Uncompromised Performance

Despite its compact size, Khadas Mind is designed with advanced components that ensure a powerful and lag-free experience whilst multitasking or handling compute-intensive office tasks.

Featuring a high-performance 13th Generation Intel Core i7-1360P processor, Khadas Mind delivers exceptional processing power for demanding applications. The processor is designed with the Intel 7 process, and has 12 cores and 16 threads, reaching a peak frequency of 5.00 GHz. The integrated Intel Iris Xe Graphics achieves a dynamic frequency of up to 1.5GHz, whilst maintaining excellent power efficiency due to its low-power architecture. Mind supports up to 32GB of dual-channel memory with a maximum memory bandwidth of 89.6 GB/s, ensuring remarkable multitasking performance; users can seamlessly switch between various tasks without experiencing any lag. In addition, Khadas Mind includes an internal M.2 NVMe PCIe 4.0 2230 SSD (512GB/1TB), with an additional PCIe 3.0 M.2 2230 SSD slot for storage expansion and lightning-fast access speeds.

To ensure optimal performance from all these components, the Khadas Mind employs a remarkably effective heat dissipation system featuring VC liquid cooling, pure copper cooling fins, and a cooling fan based on magnetic levitation. Even when under 100% load, the CPU temperature maintains itself below 80°C, whilst the area around the exhaust vent on the casing remains at a cool 40°C.

With all these advanced components packed into its compact form, Khadas Mind is an ideal choice for professionals and gamers seeking powerful computing capabilities in a portable form factor.

Extensive Versatility

Khadas Mind goes beyond being a standalone device limited to specific computing tasks. It is a versatile device with a modular design that can adapt to your diverse needs, thanks to its unique capability of docking with various external peripherals through its high-speed, high-bandwidth Mind Link interface.

The Mind Link interface is a 122-pin multi-purpose socket connector that supports USB 3.2 Gen2, HDMI 2.1, PCIe 5.0, and provides a reliable 10A power supply with up to 10,000 re-plug cycles. This enables Khadas Mind to seamlessly integrate with other devices within the Khadas Mind ecosystem, including but not limited to the Mind Dock, Mind Graphics, Mind xPlay, and more.

The Mind Dock is a powerful docking station designed to expand the I/O capabilities of Khadas Mind. It provides 8 additional I/O ports, power supply, and AAC speakers for high-quality audio output. It’s high-speed I/O ports allow professionals in various fields to connect multiple external devices for monitoring and editing tasks. When linked with Khadas Mind, Mind Dock supports up to four simultaneous 4K/60Hz displays, enabling a multi-screen visual experience. It also includes a built-in SD card reader with a 200MB/s transfer speed, along with an Ethernet port that provides a 2.5 Gbps speed boost for your applications. With all these features, the Mind Dock empowers professionals to enhance their workflow and achieve exceptional results.

When users require additional GPU power, they can effortlessly insert their Khadas Mind into the Mind Graphics module. Equipped with a built-in NVIDIA GeForce RTX 4060Ti desktop graphics card, this module enables smooth handling of complex design drafts in 3D/CAD software and delivers an immersive gaming experience. Utilizing an electronic switch, Mind Graphics effectively prevents unintended disconnections of the graphics card whilst it is in use. With a powerful GPU and high-speed, high-bandwidth Mind Link interface, Mind Graphics allows you to seamlessly add an external GPU to Khadas Mind, resulting in a significant performance boost within a matter of seconds.

In the future, the Khadas Mind ecosystem will expand to include additional modules that cater to the evolving needs of global consumers. One such module is the Mind xPlay, a portable display with a built-in battery designed for on-the-go work. With xPlay, you can conveniently use Khadas Mind in cafes and restaurants when meeting with clients or friends. Another expected addition to the ecosystem is Mind Talk, a device specifically designed for office meetings. Equipped with an array of microphones and specialised audio features, Mind Talk offers optimal audio quality and functionality for seamless communication during professional meetings.

As the Khadas Mind ecosystem continues to grow, users can look forward to an even broader range of modules and accessories that will enhance their experience and meet all their diverse requirements and dreams.

About Khadas

At Khadas, we strive to fuel the imagination and enhance the productivity of global communities, including makers, developers, and visionaries. Since the establishment of Khadas brand in 2016, we are committed to designing and manufacturing cutting-edge computing and electronic devices as well as accessories for consumers and businesses worldwide.

By continuously investing in technology development, Khadas has distinguished itself in the industry and garnered the trust of users across various countries and regions, including America, Europe, China, India and Southeast Asia. With an extensive product portfolio encompassing ARM-based single board computers (SBC), portable computing devices, and high-fidelity audio solutions, complemented by a wide range of accessories, we are actively moving along a positive trajectory on a global scale.

Khadas has established significant partnerships with prominent industry leaders, including Google and Intel, resulting in the integration of our products and solutions into projects at the forefront of innovation.

Discover more about Khadas here.