Tag Archives: HRD

PR Newswire

Veoneer and Volvo Cars Finalize Split of Software Joint Venture Zenuity

Leave a comment

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 200 software engineers joining the Company.

On April 2, Veoneer and Volvo Cars announced a preliminary agreement to split the software joint venture Zenuity in order for each company to more effectively drive their respective strategies.  The parties entered into definitive agreements on July 1.  As part of the split, Veoneer received IP licenses and added around 200 software engineers, located in Germany, the US and Sweden, which strengthens its software and systems team focused on the development and commercialization of advanced driver assistance system (ADAS) software for collaborative driving.

As announced earlier, Veoneer expects to achieve annual savings of around $30 – $40 million as a result of the split. As part of the transaction, Veoneer receives cash of around $15 million.

“During the next decade, more than 90% of our available market will be for advanced driver assistance systems and collaborative driving. I would like to give a warm welcome to the talented people that are now joining us, they will be key contributors in our pursuit for leadership in the growing ADAS market”, says Jan Carlson, Chairman, President & CEO, of Veoneer.
 

For more information please contact:
Thomas Jonsson, EVP Communications & IR, tel +46 (0)8 527-762-27
Ray Pekar, VP Investor Relations, tel +1 (248) 794-4537
 

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, manufacture and sell state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,600 employees in 13 countries. In 2019, sales amounted to $1.9 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).
 

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/veoneer-and-volvo-cars-finalize-split-of-software-joint-venture-zenuity,c3146864

The following files are available for download:

PR Newswire

New Fixed Load VNA Calibration Kits with Connector Series Supporting up to 50 GHz Calibration Capability

Leave a comment

New SOLT Calibration Kits Offered with Four Additional Interconnect Options 

IRVINE, California, June 26, 2020 — Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter wave products, has just released a new line of short-open-load-through (SOLT) calibration kits that are ideal for use in test and measurement, lab and RF & Microwave production test applications.

SOLT-Calibration-Kits
SOLT-Calibration-Kits

Pasternack’s expanded line of VNA calibration kits are available in 12 versions including short circuit, open circuit and load kits (SOL) as well as short circuit, open circuit, load and thru kits (SOLT) with 2.4mm, 2.92mm, 3.5mm, 7/16 DIN, 7mm, BNC and N-Type interface options.

Each of these new VNA calibration kits from Pasternack include all of the necessary short circuit, open circuit, loads and thru (model dependent) components required for VNA calibration. The kits are suitable for many vector network analyzers from the industry’s leading providers such as Agilent, Rohde & Schwarz, Anritsu and Copper Mountain. These RF test and measurement kits come packaged in protective wooden boxes.

The new SOLT calibration kits offer excellent performance characteristics that are specially designed for the fine-tuning and calibration of sensitive test equipment in engineering labs, production environments and quality testing facilities. Every Pasternack calibration kit is built to withstand years of rigorous use and provides accurate RF equipment calibration for the life of the product.

"A properly calibrated VNA is required for precise characterization of RF and microwave components used in a myriad of industries and applications. These new SOLT calibration kits provide the precision components that are essential to perform accurate analyzer calibrations," said Steve Ellis, Interconnect Product Line Manager at Pasternack. 

Pasternack’s new SOLT calibration kits are in stock and available for immediate shipping with no minimum order quantity required.

For inquiries, Pasternack can be contacted at +1-949-261-1920.

About Pasternack:
A leader in RF products since 1972, Pasternack is an ISO 9001:2015 certified manufacturer and supplier offering the industry’s largest selection of active and passive RF, microwave and millimeter wave products available for same-day shipping. Pasternack is an Infinite Electronics brand.

About Infinite Electronics:
Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite’s brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMe Cables and Integra Optics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment.

Press Contact:
Peter McNeil
Pasternack
17792 Fitch
Irvine, CA 92614
(978) 682-6936

Photo – https://techent.tv/wp-content/uploads/2020/06/new-fixed-load-vna-calibration-kits-with-connector-series-supporting-up-to-50-ghz-calibration-capability.jpg
Logo – https://techent.tv/wp-content/uploads/2020/06/new-fixed-load-vna-calibration-kits-with-connector-series-supporting-up-to-50-ghz-calibration-capability-2.jpg  

 

PR Newswire

Redtea Mobile Engages in Joint Effort to Implement nuSIM for IoT

Leave a comment

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 was developed in accordance with Deutsche Telekom’s open nuSIM specification and consists of a trusted application from Redtea Mobile in a Quectel BG95 module containing a Qualcomm® LTE 9205 chipset. The integrated nuSIM will be an important enabler, in particular for cost-efficient devices used in mobile IoT applications with a long lifespan, such as asset trackers or smart sensors.

“We are honored to work with leading industry players including Deutsche Telekom, Qualcomm Technologies, and Quectel to provide an innovative new means to simplify the deployment of ubiquitous connectivity in the IoT space,” said Xiaodong Guo, VP of Strategic Partnerships & Projects at Redtea Mobile. “Redtea Mobile is on a mission to simplify connectivity for a more productive world. By moving the SIM function into the chipset, mobile operator data is added through a secure process step at the time of module or device manufacturing and the end-customer gets instant connectivity without any additional actions.”

“Since introducing the nuSIM initiative at the beginning of last year, Deutsche Telekom has been working with various industry leading partners, including Redtea Mobile, on the basis of an open and interoperable specification,” said Stefan Kaliner, Head of UICC Development at Deutsche Telekom. “The trusted application developed by Redtea Mobile is the nuSIM OS, which provides the functionality to receive and process an encrypted nuSIM profile so that the result behaves exactly like a classical SIM.”

“The addition of Redtea Mobile’s trusted application as part of the integrated nuSIM solution on the Qualcomm 9205 LTE modem, leveraging the Qualcomm® Trusted Execution Environment, will help further support reliable, secure and optimized cellular connectivity for IoT applications globally,” said Vieri Vanghi, Vice President, Product Management, Qualcomm Europe, Inc. “We are proud of our collaboration with Redtea Mobile, Quectel and Deutsche Telekom as it will help drive increased adoption of nuSIM technology, which is necessary to develop the next generation of secure, cost-efficient and low-power IoT devices.

“Quectel Wireless Solutions has securely integrated the Qualcomm 9205 LTE Modem and nuSIM OS into our BG95-M3 LTE Cat M1/Cat NB2/EGPRS module to create an ultra-low power product,” concludes Dominikus Hierl, SVP EMEA at Quectel Wireless Solutions. “The result is ideally suited for a wide range of IoT applications such as wireless POS, smart metering, tracking, or wearable devices, where the removal of the physical SIM component helps to reduce device size and save on cost and power consumption.”

About Redtea Mobile

Redtea Mobile is an eSIM core technology innovator and connectivity solution provider, focusing on connectivity efficiency improvement and eSIM penetration across a wide range of industry verticals to cover the critical issues in massive IoT deployments in the 5G era. Redtea Mobile is committed to making connectivity into utility and becoming the world’s leading CaaS (Connectivity-as-a-Service) company that can simplify connectivity for a more productive world, by turning the complex details of communications infrastructure into scalable connectivity services. Established in 2015, Redtea Mobile has expanded their cellular connectivity service to more than 100 countries and regions, which has been embedded into over 250 Million devices with their advanced eSIM technology. The products of Redtea Mobile include RedteaGO App for smartphone users, RedteaSIM and RedteaReady for the IoT industry, and eSIM.Plus as a turnkey eSIM solution for carriers. For more information, please visit www.redteamobile.com.

Qualcomm is a trademark of Qualcomm Incorporated, registered in the United States and other countries.
Qualcomm LTE 205 chipset and Qualcomm Trusted Execution Environment are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Related Links :

http://www.redteamobile.com

PR Newswire

ABB’s Integrated, Predictive Analytics-Capable TruONE ATS Wins Frost & Sullivan Innovation Award

Leave a comment

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 in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the increased return on investment (ROI) it gives customers, which, in turn, raises customer acquisition and overall market penetration potential.

Based on its analysis of the global transfer switch market, Frost & Sullivan awarded ABB the 2019 Global New Product Innovation Award for its TruONE automatic transfer switch (ATS).  ABB’s TruONE ATS is the first device of its kind to integrate sensors, controllers, switches, and operator interfaces into a single seamless unit. The integration enables the TruONE ATS to offer predictive analytics and condition monitoring capabilities that improve the reliability, safety, and efficiency of operations. TruONE also makes configuration and maintenance easier by replacing complex wiring and connections with a single, self-contained design.

“The TruONE ATS eliminates all wire harnesses, distributed electronics, voltage transformers, and external controllers by consolidating all parts. This simplicity of the product design not only shrinks the product footprint but also improves equipment reliability,” said Sama Suwal, Industry Analyst for Frost & Sullivan. “It also sets new industry standards for safety with its wholly isolated and detachable human machine interface (HMI), as it eliminates the need to connect potentially dangerous line voltage to the ATS enclosure door.”

Giampiero Frisio, managing director of ABB Smart Power, said, “ABB innovates to solve real-world problems for our customers. By integrating everything that critical power applications need into one seamless unit, the TruONE ATS is designed to make critical power simpler and more reliable. To receive recognition from the experts at Frost & Sullivan for this innovation is a fantastic achievement for the teams of engineers and designers behind the TruONE ATS.”

The TruONE ATS features several design and engineering improvements over conventional ATS devices, including more efficient load transfer due to an innovative contact construction using new materials and geometries. Its unprecedented flexibility in configuration enables future expansion, while its compact, lightweight form reduces the number of interconnects down to one. Elimination of relay-based accessories and the pre-assembled design of TruONE allows for faster installation and commissioning.

This state-of-the-art ATS device has multiple communication protocols, along with software-based solutions from the ABB Ability digital platform, which enables remote diagnostics and cloud-based monitoring of critical power systems. Furthermore, the TruONE ATS’ built-in predictive maintenance and condition monitoring features reduce the cost of operation and maintenance of the equipment. Owing to its wide voltage range of 200 to 480 VAC (+/- 20 percent tolerance), OEMs and distributors can simplify stocking, installation, and service while guaranteeing high reliability of the equipment.

“ABB builds lasting relationships with its customers through an expansive support network, strong technical product expertise, and deep industry experience,” noted Suwal. “The TruONE ATS’ distinctive features such as predictive maintenance, self-diagnostics, and customer-replaceable critical modules for easier commissioning, installation, and operation have positioned it ideally to meet customers’ most challenging demands.”

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Kristen Moore
P: 210.247.3823
E: kristen.moore@frost.com

ABB (NYSE: ABB) is a leading global engineering company that energizes the transformation of society and industry to achieve a more productive, sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio, ABB pushes the boundaries of technology to drive performance to new levels. With a history of excellence stretching back more than 130 years, ABB’s success is driven by 144,000 talented employees in over 100 countries. www.abb.com

ABB’s Electrification area is a global leader in electrical solutions, operating in more than 100 countries, with over 200 manufacturing sites. Approximately 53,000 employees are dedicated to delivering the future of safe, smart and sustainable electrification, for industries, public services and communities. With advanced ABB AbilityTM enabled digital solutions at its core, our portfolio protects, connects and optimizes electrical energy supply. This includes the powering of industry, infrastructure and transportation, from data centers to smart buildings and e-mobility solutions; the integration of renewables; and the delivery of intelligent distribution and energy storage. For more information visit https://go.abb/electrification

Contact:
Melissa London
P: 919-829-4431
E: melissa.london@us.abb.com

PR Newswire

KLEVV is Launching the Latest SSD Lineup: NEO N610 2.5″ SATA & CRAS C710 M.2 NVMe SSDs

Leave a comment

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 system speeds while maintaining core stability. The introduction of these two new KLEVV SSDs is to provide an even more compelling SSD choice for users looking for rock-solid reliability and fast speeds for a wide range of uses.

NEO N610 2.5″ SATA 6Gb/s SSD: A Perfect Combination of Performance, Reliability, and Stability

KLEVV NEO N610 2.5" SATA SSD
KLEVV NEO N610 2.5″ SATA SSD

The NEO N610 2.5″ SATA 6Gb/s SSD features latest 3D TLC NAND and a 4-channel controller IC, which increases the amount of data that can be transmitted at any given time. Different from other KLEVV 2.5″ SSDs, NEO N610 provides an embedded DRAM buffer that enhances runtime performance while also extends the lifespan of the drive. It comes further equipped with a powerful LDPC ECC engine, an intelligent SLC caching algorithm, S.M.A.R.T. (self-monitoring, analysis, and reporting technology), over-provisioning, bad block management, and Global Wear Leveling technology. All of which combine to optimize performance, durability, reliability, and data integrity. The new NEO N610 SATA SSD comes in three capacities: 256GB, 512GB, 1TB, while delivering sequential read/write speeds of up to 560/520 MB/s, catering to customers with varied efficiency needs.

CRAS C710 M.2 NVMe SSD: Built for Gamers & Enthusiasts

KLEVV CRAS C710 M.2 NVMe SSD
KLEVV CRAS C710 M.2 NVMe SSD

Also offered in 256GB, 512GB and 1TB using 3D TLC NAND, the CRAS C710 M.2 NVMe SSD adopts PCIe Gen3 x4 interface supported by NVMe 1.3 technology. Which provides a sequential read speed of up to 2100 MB/s and a sequential write speed of up to 1650 MB/s, while retaining legacy technology to ensure stable performance even at high processing speeds, making it ideal for gaming or image processing. Optimized technologies include a thermal throttling algorithm to protect SSD integrity, SRAM error detection and correction, and CRC parity for end-to-end data path protection. In addition, the CRAS C710 shares all the essential functions that make KLEVV drives reliable, such as LDPC ECC technology, SLC caching, S.M.A.R.T. and Global Wear Leveling.

Responding to the Market with Additional Data Backup Software for Peace of Mind

By making customer service a top priority, Both CRAS C710 & NEO N610 have gone through KLEVV’s rigorous in-house examination process, and come with a five-year limited warranty as standard.  Further to that, KLEVV has improved user experience by providing complimentary Acronis® True Image™ HD 2018 software activation key, which gives users full disk-image backup access and universal restore functions for a seamless data transfer experience. Additional Acronis Active Protection function against ransomware is also available to help protect valuable data from this nefarious & modern data threat.

KLEVV products are distributed by PT CAHAYA DISTRIBUSI NUSANTARA in Indonesia.  All lineups are also available at online channels including Enter Komputer, tokopedia, Bukalapak, and Shopee.

Find out more about the full range of Essencore/KLEVV products at: http://www.essencore.com/ and http://www.klevv.com.

About Essencore

Established in 2014, Essencore Limited, a company founded by a group of key figures from the major memory IDMs, aims to become the world’s top vendor of DRAM modules and NAND flash application products. The company started with one goal: to “Change the world and be a leader in semiconductor distribution”. The business strategies of Essencore is to adopt the newest technologies to differentiate ourselves in front of customers from competitors, deliver dedicated Memory products, and offer various product portfolio for customer’s competition readiness. For more information, please visit www.essencore.com.

About KLEVV

KLEVV, is a premium brand of Essencore, the major Module and NAND Flash application product vendor. The KLEVV range includes gaming memory modules, microSDs, USB flash drives, and solid state drives. KLEVV is committed to delivering world-class products with first-rate quality. All products are designed in South Korea, home of the world’s top two largest memory IDMs. KLEVV memory has been recognized by Germany’s Red Dot Design Award in 2015 and 2019. For more information, please visit www.klevv.com.

Photo – https://photos.prnasia.com/prnh/20200407/2771158-5-a?lang=0
Photo – https://photos.prnasia.com/prnh/20200407/2771158-5-b?lang=0

Related Links :

http://www.essencore.com/

http://www.klevv.com

PR Newswire

Huawei Launches FusionServer Pro V6 Intelligent Server Based on the 3rd Gen Intel Xeon Scalable Processor

Leave a comment

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 any system.

Figure 1 FusionServer Pro 2488H V6 intelligent server
Figure 1 FusionServer Pro 2488H V6 intelligent server

The 3rd Gen Intel Xeon Scalable processor supports standard and custom configurations that scale from 4 to 8 sockets. The next-generation Intel processor is embedded in the FusionServer Pro 2488H V6, the latest Huawei 4-socket rack server that provides diverse storage designs and I/O scalability, and supports the Intel Optane persistent memory (PMem) 200 series.

The FusionServer Pro 2488H V6 intelligent server is optimized to meet both conventional of today, and the digital workloads of tomorrow. It provides the industry’s more reliable computing and storage architectures, allowing you to simplify your networks with intelligent acceleration and management. The highlights of the architecture are listed below:

  • Four 3rd Gen Intel Xeon Scalable processors offer a maximum power consumption of 250 W. Running on the Intel Deep Learning Boost (DL Boost) technology that supports bfloat 16 (BF16), the 3rd Gen Intel Xeon Scalable processor delivers up to 93% higher training and 90% higher inference performance than its predecessor (FP32).
  • Configured with Intel Optane PMem, the FusionServer Pro 2488H V6 has a maximum memory capacity of 18 TB, boosting memory capacity and data reliability in memory computing scenarios and providing more VM memory options for virtualization scenarios.
  • SAS, SATA, and NVMe SSDs can be combined for tiered data deployment, enhancing storage density and performance.
  • Hot-swappable OCP 3.0 NICs support more network requirements.
  • Wi-Fi function and USB Type-C management port help improve the efficiency of mobile terminal management and local operation and maintenance (O&M).
  • GPU accelerator cards of various specifications unleash abundant computing power, supercharging AI analysis, inference, and training.
  • Fault Diagnosis & Management (FDM) is an in-house developed diagnosis technology that predicts a fault 7 to 30 days in advance, with a fault locating accuracy of up to 93%; and the Huawei-patented Dynamic Energy Management Technology (DEMT) helps a single server consume 15% less power without compromising its performance.
  • Full-lifecycle management software FusionDirector and intelligent O&M platform AIOps reduce OPEX by 15% and streamline data center management with five intelligent monitoring features.

Huawei’s next-generation servers are designed to meet diversified enterprise requirements in an energy-efficient and cost-effective manner. The industry-leading Huawei servers provide intelligent management and high energy efficiency to reduce O&M costs, making them a must-have in the digital age.

The 2019 Gartner report on the global server market recently confirmed the growing market strength of Huawei. Huawei shipments of 4-socket rack servers amounted to 670,000 last year, ranking third in the global market with a year-on-year growth of 14.73%. In particular, the Huawei 4-socket rack server topped the market in terms of global shipments and sales.

Figure 2 Huawei ranked No. 1 globally in shipments and sales of x86 4-socket rack servers for 2019
Figure 2 Huawei ranked No. 1 globally in shipments and sales of x86 4-socket rack servers for 2019

2019 was a success for Huawei Computing domain. In particular, the success of Huawei 4-socket servers in the global market was evidence of Huawei’s dedication to high-quality and high-value solutions. Thanks to the ceaseless innovation of basic technologies and architectures, Huawei has long been a major provider of mission-critical computing platforms that feature high reliability, high performance, and intelligent O&M. Kenneth Zhang, President of FusionServer SPDT, Huawei, announced the triumph of this launch, saying, ”The next-generation FusionServer Pro V6 intelligent server also marks a milestone of the successful collaboration between Intel and Huawei.”

He also stressed that the milestone was a result of strategic investment and partnerships. “Every year more enterprises are moving to a digital framework for this business, and this trend is causing increasingly complex and changing service loads. As a result, enterprises must find efficient and intelligent compute services offering intelligent awareness and acceleration, as well as hardware offering intelligent O&M, to supercharge their mass services.” He said, “This is the background that Huawei has launched the intelligent server series. Huawei is a global strategic partner of Intel and together, we innovate intelligent data center infrastructure solutions. Our commitment toward our internal R&D investment is matched with our desire to collaborate with Intel and many ecosystem partners. The ultimate goal is to provide our customers across the world with efficient and agile computing products, enabling them to meet the computing requirements of cloud, big data, and AI, and fueling their intelligent transformation in the digital age.”

“Servers based on the 3rd Gen Intel Xeon Scalable platform, such as Huawei’s FusionServer Pro 2488H V6, accelerate customers’ insights and fuel their mission-critical digital services,” said Lisa Spelman, Corporate Vice President and General Manager of the Xeon and Memory Group at Intel. “With high performance, built-in AI acceleration, and massive memory capacity, these new platforms will rise to even the largest data and analytics challenges.”

Intel, the Intel logo, Xeon, and Optane are trademarks of Intel Corporation or its subsidiaries.

–End–

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company wholly owned by its employees. For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 
http://www.twitter.com/Huawei 
http://www.facebook.com/Huawei 
http://www.youtube.com/Huawei 

Photo – https://photos.prnasia.com/prnh/20200619/2836103-1-a?lang=0
Photo – https://photos.prnasia.com/prnh/20200619/2836103-1-b?lang=0

PR Newswire

European Deep-tech Champion IQM Receives More Than €20M of New Funding

Leave a comment

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 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: jan@meetiqm.com   
tel. +358 505 666 483  
(English & German) 

Prof Mikko Möttönen 
Chief Scientist, IQM 
email: mikko@meetiqm.com 
tel. +358 505 940 950  
(English & Finnish) 

Dr Kuan Yen Tan 
Chief technology officer, IQM 
email: kuan@meetiqm.com 
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’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).
IQM founders: Dr Kuan Yen Tan (CTO), Prof Mikko Möttönen (Chief Scientist), Dr Jan Goetz (CEO), Dr Juha Vartiainen (COO).

 

PR Newswire

New Report With 33 Expert Tips on Circular IT Management

Leave a comment

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
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:

  1. Use your IT-products longer — it’s the single most important thing you can do to save natural resources and cut greenhouse gas emissions.
  2. Work to gradually implement circular practices, such as take-back programs.
  3. Think circular when you’re purchasing IT products. Use circular criteria.
  4. Give your IT products a second life by reselling them.
  5. Acknowledge that circularity is a team effort and no one can do it alone. Both internal and external cooperation is key!

Read the report

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
press@tcodevelopment.com
Press room

Photo – https://techent.tv/wp-content/uploads/2020/06/new-report-with-33-expert-tips-on-circular-it-management.jpg

PR Newswire

ChipMOS REPORTS MAY 2020 REVENUE

Leave a comment

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.

Consolidated Monthly Revenues (Unaudited)

May 2020

April 2020

May 2019

MoM Change

YoY Change

Revenues

(NT$ million)

1,789.3

1,854.3

1,709.1

-3.5%

4.7%

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:

Cision View original content:http://www.prnewswire.com/news-releases/chipmos-reports-may-2020-revenue-301071757.html

Source: ChipMOS TECHNOLOGIES INC.

PR Newswire

Arçelik Has Announced Its Sustainability Targets for 2030

Leave a comment

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

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
Arçelik 2019 Sustainability Report