STOCKHOLM, July 2, 2020 — The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and systems team with around…
New Fixed Load VNA Calibration Kits with Connector Series Supporting up to 50 GHz Calibration Capability
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Redtea Mobile Engages in Joint Effort to Implement nuSIM for IoT
SINGAPORE, June 25, 2020 — Redtea Mobile, the pioneering connectivity solution provider has engaged in the joint effort to introduce nuSIM, the integrated SIM for IoT, which brings clear benefits for costs, power consumption and overall design simplicity by fully integrating the SIM functionality on a chipset. The joint solution…
ABB’s Integrated, Predictive Analytics-Capable TruONE ATS Wins Frost & Sullivan Innovation Award
Innovative TruONE automatic transfer switch meets evolving customer requirements by enabling a higher level of convenience, efficiency, and critical power reliability SANTA CLARA, California, June 25, 2020 — Each year, Frost & Sullivan presents the Global New Product Innovation award to the company that has developed the most innovative element…
KLEVV is Launching the Latest SSD Lineup: NEO N610 2.5″ SATA & CRAS C710 M.2 NVMe SSDs
HONG KONG, June 20, 2020 — KLEVV, an emerging memory brand introduced by Essencore, announced the launch of two new products, the NEO N610 2.5" SATA 6Gb/s SSD, and the CRAS C710 M.2 NVMe SSD. The next-generation solid-state drives are available in enhanced capacities of up to 1TB, offering accelerated…
Huawei Launches FusionServer Pro V6 Intelligent Server Based on the 3rd Gen Intel Xeon Scalable Processor
SHENZHEN, China, June 19, 2020 — Today, the Huawei Computing Product Line officially released the latest member to their family – the next-generation FusionServer Pro V6 intelligent server. This product is a state-of-the-art technology running on the 3rd Gen Intel Xeon Scalable processor and designed to unlock powerful computing for…
European Deep-tech Champion IQM Receives More Than €20M of New Funding
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Simultaneously IQM unveils its first quantum computer design to set the phase in the technology roadmap
ESPOO, Finland, June 11, 2020 /PRNewswire/ — IQM Finland Oy (IQM), a leading European company for quantum computer hardware, was just awarded a €2.5M grant and up to €15M of equity investment from the EIC Accelerator program for the development of quantum computers, benefiting the industry and the society at large. Together with Business Finland grants of €3.3M that IQM received so far, the company is on a fast run with more than €20M more raised in less than a year from its €11.4M seed round, summing in total to €32M.
IQM quantum computer design
IQM has experienced amazing growth, set up a fully functional research lab in record time, and also hired the largest industrial quantum hardware team in Europe. With the help of this new €20M, IQM will hire one quantum engineer per week and take an important next step to commercialize the technology through co-design of quantum-computing hardware and applications.
"Quantum computers will be funded by European governments, supporting IQM´s expansion strategy to build quantum computers in Germany," says Dr. Jan Goetz, CEO and co-founder of IQM.
Last week, the Finnish government announced they will support the acquisition of a quantum computer with €20.7M for the Finnish State Research center VTT.
"It has been a mind-blowing forty-million past week for quantum computers in Finland. IQM staff is excited to work together with VTT, Aalto University, and CSC in this ecosystem," rejoices Prof. Mikko Möttönen, Chief Scientist and co-founder of IQM.
This announcement was followed by the German government with €2b and to immediately commission the construction of at least two quantum computers. IQM sees this as an ideal point to expand its operations in Germany.
"With our growing team in Munich, IQM will build co-design quantum computers for commercial applications and install testing facilities for quantum processors," states Prof. Enrique Solano, CEO of IQM Germany.
Quantum computing will radically transform the lives of billions of people. Applications range from game-changing invention of medicine and novel materials to the discovery of economic models and sustainable processes.
"We are witnessing a boost in deep-tech funding in Europe, very important now. For a healthy growth of startups like IQM, we need all three funding channels: (1) research grants to stimulate new key innovations, (2) equity investments to grow the company, (3) early adoption through acquisitions supported by the government. This allows to pool the risk while creating a new industry and business cases," says Dr. Goetz.
IQM is focusing on superconducting quantum processors, which are streamlined for commercial applications in a novel Co-Design approach.
"With the new funding and immense support from the Finnish and the European governments, we are ready to scale technologically. This brings us closer to quantum advantage thus providing tangible commercial value in near-term quantum computers," adds Dr. Kuan Yen Tan, CTO and co-founder of IQM.
IQM ranks in the top 2% of all European deep tech startups applying for the highly competitive EIC Accelerator program
Thanks to its strong technology and business plan, IQM was one of the 72 to succeed in the very competitive selection process of the EIC. Altogether 3969 companies applied for this funding.
"The €15M equity component of the EIC can be an ideal contribution to IQM’s Series A funding round." says a beaming Dr. Juha Vartiainen, COO and co-founder of IQM.
The new funding also supports IQM´s recent establishment of its new underground quantum computing infrastructure capable of housing the first European farm of quantum computers. IQM provides the full hardware stack for a quantum computer, integrating different technologies, and invites collaborations with quantum software companies. Brilliant quantum software engineers are also welcomed to join IQM.
About IQM:
https://www.meetiqm.com/company/#aboutus
IQM videos:
https://www.youtube.com/channel/UCvjqSqZiJ715XVH3O3IF93Q
About EIC Accelerator (SME instrument) program:
https://ec.europa.eu/easme/en/news/eic-accelerator-offers-new-blend-grants-and-equity
About Business Finland:
https://www.businessfinland.fi/en/for-finnish-customers/about-us/in-brief/
IQM PR CONTACTS
IQM Contacts for questions and comments:
Dr Jan Goetz
CEO, IQM
email: [email protected]
tel. +358 505 666 483
(English & German)
Prof Mikko Möttönen
Chief Scientist, IQM
email: [email protected]
tel. +358 505 940 950
(English & Finnish)
Dr Kuan Yen Tan
Chief technology officer, IQM
email: [email protected]
tel. +358 504 778 091
(English & Chinese)
IQM’s CEO and Co-founder Dr Jan Goetz at IQM’s new lab, in Espoo, Finland
IQM founders: Dr Kuan Yen Tan (CTO), Prof Mikko Möttönen (Chief Scientist), Dr Jan Goetz (CEO), Dr Juha Vartiainen (COO).
Related Links :
http://meetiqm.com/contact/
New Report With 33 Expert Tips on Circular IT Management
STOCKHOLM, June 9, 2020 /PRNewswire/ — The new report from TCO Development, the organization behind the global sustainability certification for IT products TCO Certified, explains how everyone who buys and uses IT products can implement circular and more sustainable practices.
New report with 33 expert tips on circular IT management
"Circular solutions are already available. We now need to use them," says Clare Hobby, Global Purchaser Engagement Director at TCO Development.
The report, Impacts and Insights: Circular IT Management in Practice, sets out how the circular economy helps solve many of the most pressing sustainability challenges linked to IT products. Today’s linear consumption causes substantial carbon dioxide emissions. Natural resources are being rapidly exhausted and vast amounts of hazardous e-waste piles up, with more than 50 million metric tonnes being discarded every year, of which only 20% is being responsibly taken care of. The circular economy can help us reduce the pressure we’re putting on the planet.
As a pioneer of circular procurement, Aalborg municipality has seen the effects of acting with greater circularity.
"The amount of CO2 we can save by keeping IT products longer surprised me. Using laptops for another three years will save emissions equivalent to heating and powering all municipality buildings for a year," says Birgitte Krebs Schleemann, project manager for sustainability procurement at Aalborg municipality.
The circular transition is a paradigm shift that will require both big and small changes. In the report, experts in the frontline of circularity and IT share 33 concrete tips.
"We want to go beyond theory — this report provides practical help for those who want to take the next step," says Clare Hobby.
Some of the tips:
- Use your IT-products longer — it’s the single most important thing you can do to save natural resources and cut greenhouse gas emissions.
- Work to gradually implement circular practices, such as take-back programs.
- Think circular when you’re purchasing IT products. Use circular criteria.
- Give your IT products a second life by reselling them.
- Acknowledge that circularity is a team effort and no one can do it alone. Both internal and external cooperation is key!
About TCO Certified
TCO Certified is the world-leading sustainability certification for IT products. Our comprehensive criteria are designed to drive social and environmental responsibility throughout the product life cycle. Covering 11 product categories, compliance is independently verified, both pre and post certification.
Contact
Cassandra Julin
+46(0)702866861
[email protected]
Press room
Related Links :
https://tcocertified.com/
ChipMOS REPORTS MAY 2020 REVENUE
HSINCHU, June 8, 2020 /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 May 2020. All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.01 to US$1.00 as of May 29, 2020.
Revenue for the month of May 2020 was NT$1,789.3 million or US$59.6 million. This represents an increase of 4.7% as compared to May 2019 and a decrease of 3.5% from April 2020. The Company noted that it maintained stable utilization, with healthy memory demand, including DRAM and NOR flash, offset by TV and smartphone related DDIC demand softness.
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Consolidated Monthly Revenues (Unaudited) |
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May 2020 |
April 2020 |
May 2019 |
MoM Change |
YoY Change |
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Revenues (NT$ million) |
1,789.3 |
1,854.3 |
1,709.1 |
-3.5% |
4.7% |
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Revenues (US$ million) |
59.6 |
61.8 |
57.0 |
-3.5% |
4.7% |
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and NASDAQ: IMOS) (https://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 provide assembly and test services to a broad range of customers, including leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries.
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, strategy, 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, including the potential impact of COVID-19. 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:
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In Taiwan Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 |
In the U.S. David Pasquale Global IR Partners +1-914-337-8801 |
Related Links :
https://www.chipmos.com
Arçelik Has Announced Its Sustainability Targets for 2030
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ISTANBUL, June 5, 2020 /PRNewswire/ — Adopting sustainability as a business model with its "Respecting the World, Respected Worldwide" vision, Arçelik published its 12th Sustainability Report, announcing short, medium, and long-term targets towards 2030.
Arçelik CEO Hakan Bulgurlu
Arçelik CEO Hakan Bulgurlu spoke about the company’s 12th Sustainability Report, commenting, "A sustainable world is possible in the future with the steps we will take today. Our ‘In Touch Technology’ approach is based on this point of view. With our global reach, broad network of stakeholders, and our technologies that improve our planet, lives and business, we strive to be a part of the solution in tackling environmental and social problems. The COVID-19 outbreak has affected the whole world in a short period of time, and it has once again reminded us that our most important responsibility is to protect our environment, the ecosystem, biodiversity and natural resources. We believe that all companies will adopt sustainability as their business model after the pandemic. People will also encourage companies to take responsibility for environmental and social problems with their purchase decisions."
Energy and water consumption per product will decrease by 45%
Arçelik shared its solutions to combat the climate crisis and other environmental issues under the "In Touch with our Planet" section. By 2030, the company aims to establish 15 MW of renewable energy systems and reduce the energy consumption per product in its South Africa, Russia, Turkey, Romania, China, Thailand and Pakistan operations by 45% compared to the base year of 2015. In 2019, Arçelik reduced its energy consumption per product by 43.5% compared to 2010 in its Turkey, Romania, China, Russia, and South Africa operations. Now it aims to become a carbon-neutral company in its Turkish production plants by 2025 and reduce its water consumption per product by 45% by 2030 compared to the base year of 2015. The company also reached its 2020 targets by reducing its water consumption per product by 52% compared to the base year of 2012 in its Turkey, Romania, China, Russia, and South Africa operations.
The female manager ratio will increase to 30% by 2030
Under the "In Touch with Business" section, Arçelik explained its employee-oriented targets focusing on being a source of inspiration for its stakeholders, to begin with its supply chain and dealers. The company increased its female manager ratio to 18.6% in 2019 and now aims to raise it to 30% by 2030. Arçelik also aims to ensure that over 50% of its employees participate in a minimum of one volunteering activity per year.
Arçelik will help 80 million people gain awareness on healthy living
Through "In Touch with Human Needs" approach, Arçelik, with its Beko brand, aims to raise awareness amongst 80 million people about healthy living by 2030 with ongoing programmes to contribute to healthy, future generations. Arçelik also joins Grundig in the fight against food waste to raise awareness amongst 3.5 million people about responsible consumption and provide 1 million meals to 500,000 people by saving 1,200 tons of food.
The Industry Leader in Sustainability
Arçelik reinforced its leadership in national and global platforms with its sustainability efforts in 2019. Arçelik has been selected as the Industry Leader for the "Household Durables" category in the Dow Jones Sustainability Index (DJSI). The index represents the gold standard in corporate sustainability and ranks the largest companies based on their sustainability performances. Arçelik has been the first and only industrial company from Turkey to be included in the DJSI Emerging Markets category for three consecutive years.
Arçelik maintained its achievements by being listed in the Borsa Istanbul (BIST) Sustainability Index, MSCI Sustainability Index, and FTSE4Good Emerging Markets Index, and by receiving the Zero Waste Private Sector Award from the Republic of Turkey, Ministry of Environment and Urbanization.
Arçelik has received A- in the 2019 Climate Program of the Carbon Disclosure Project (CDP), the world’s most respected environmental initiative with its campaigns against climate change and became one of the Turkish companies to earn the highest score in this program. The company also received B in the CDP 2019 Water Program.
You can download Arçelik’s 2019 Sustainability Report here.
Arçelik 2019 Sustainability Report
Related Links :
https://www.arcelikglobal.com