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PR Newswire

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

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

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

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

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

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

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

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

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

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

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

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

PR Newswire

The GrowHub Innovations Company and CARENESS Join Forces to Introduce Traceability Technologies to Premium Skincare Products in Asia

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SINGAPORE, Aug. 8, 2023 /PRNewswire/ — The GrowHub Innovations Company (“The GrowHub”), a leading Singapore-based technological firm specializing in transparent and sustainable supply chain management, announced a groundbreaking partnership with CARENESS, the prestigious skincare division of Koufuku Group. This strategic alliance will see the integration of The GrowHub’s cutting-edge traceability technologies into CARENESS’s premium range of skincare products. As a result, these products will be made available for consumers both online and in premium department stores in Singapore. Additionally, this partnership signifies The GrowHub’s successful entry into the Japanese market, a tightly-knitted community.

Left to Right: The GrowHub CEO Lester Chan, alongside CARENESS CEO Saori Kitamoto
Left to Right: The GrowHub CEO Lester Chan, alongside CARENESS CEO Saori Kitamoto

The collaboration between The GrowHub and CARENESS has grown significantly since last September when the two companies embarked on a joint project to penetrate new markets using GrowHub’s proprietary Web3 technology. The initial venture resulted in the successful introduction of Koufuku Group’s food products into Singapore’s market. Building upon this achievement, the newly formed agreement will further strengthen the partnership between The GrowHub and CARENESS.

CARENESS, renowned for its exceptional skincare products, has earned a reputation in Japan for its unwavering focus on production details and the highest quality ingredients. By adopting The GrowHub’s traceability technologies, CARENESS aims to provide consumers with an unprecedented level of transparency into their product qualities.

“We are honored to be working with CARENESS, and I am deeply impressed by the meticulous attention they devote to their products,” stated Lester Chan, CEO of The GrowHub. “Our technologies will empower CARENESS to showcase their exceptional product qualities to consumers, reinforcing their commitment to excellence.”

The GrowHub envisions a long-term partnership with CARENESS, fostering mutual growth and a shared dedication to sustainability and transparency in the beauty and skincare industry.

CARENESS’ CEO, Ms. Saori Kitamoto, expressed her enthusiasm for the partnership, stating. “We are excited to join forces with The GrowHub in introducing traceability technologies to our premium skincare products. This collaboration represents a significant step forward in our journey to provide consumers with the utmost confidence in our products.”

About The GrowHub Innovations Company: The GrowHub Innovations Company is a leading Singapore-based technological firm dedicated to providing cutting-edge solutions for transparent and sustainable supply chain management. As the Asia Pacific’s only Web 3-enabled plug-and-play ecosystem builder, The GrowHub focuses on traceability, data insights, and carbon credits. Leveraging blockchain technology, the company ensures full traceability throughout the supply chain, empowering businesses with data-driven insights for a more connected and responsible future.

PR Newswire

Metoree’s Accelerated Expansion into the US Market

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Surpasses 5000 Listed Categories as the One-stop Comparison Platform for Industrial Product Manufacturers and Suppliers since 2022 Launch

MIYOSHI, Japan, Aug. 5, 2023 /PRNewswire/ — Metoree, founded in 2017 and operated by ZAZA, Inc., is a one-stop comparison website for manufacturers, suppliers, and distributors. The platform currently features information on various industrial products such as Laser Marker, 3D Printer, and Laser Diode. It encompasses over 5000 product categories, enabling users to compare manufacturers, suppliers, and distributors, and facilitates the digitization of product selection for users.

Since its launch in 2022, Metoree has been accelerating its expansion into the American market, surpassing 5000 listed categories of industrial products. This milestone marks a significant step forward for the platform’s growth.

The Value that Metoree Offers to Engineers and Researchers in the Manufacturing Industry.

Metoree revolutionizes the process of product selection and transactions in the manufacturing industry. Previously, researchers and engineers had to inquire, request quotes, and place orders with individual companies when purchasing industrial products. Now, with Metoree, they can seamlessly perform all these actions on a single platform, as it digitizes every aspect of transactions and actively shapes the future of the industry.

Benefits of Utilizing Metoree

Metoree offers unparalleled advantages not found on other platforms, including the acquisition of high-quality information and the ability to compare products based on well-organized data:

  • Access to High-Quality Information about Suppliers and Manufacturers

    Previously, researchers and engineers had to gather scattered information from various websites. However, by utilizing Metoree, they can easily obtain the desired information about manufacturers and suppliers, saving valuable time on information gathering and enabling more focus on product comparison and essential processes.

  • Simplified Comparison of Industrial Products 

    Until now, providing information about products from different manufacturers and suppliers has been challenging due to varying formats, making it difficult to compare. However, Metoree addresses this issue by internally collecting and processing information from each company and presenting it in a user-friendly format for easy comparison. This streamlined approach enables engineers and researchers to make more informed choices when selecting industrial products.

Future Outlook for Metoree

Metoree is currently operating in countries such as Japan, Spain, Germany, and France, and the company is now on a path of global expansion. Upholding the mission of “Making the World a Better Place,” the platform aims to create an environment where engineers and researchers worldwide can easily find manufacturers and suppliers. To achieve this, Metoree plans to continuously increase the number of listed companies and product categories.

Feedback from Metoree Users

Engineers and researchers who have already experienced Metoree have provided positive feedback, citing the following points:

  • Easy and efficient comparison of manufacturers and suppliers using Metoree.
  • Successful purchase of products that meet their specific requirements.
  • Quick identification of ideal products with the help of Metoree.

About Metoree

Metoree, established in 2017 and operated by ZAZA, Inc., is a one-stop comparison platform for manufacturers and suppliers, offering an extensive range of industrial product information, and digitizing product selection for users worldwide.

  • Metoree USA
  • Metoree Spain
  • Metoree Germany
  • Metoree France
  • Metoree Japan

Source: ZAZA, Inc.

PR Newswire

Why green has become the theme color for China-hosted sporting events?

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BEIJING, Aug. 4, 2023 /PRNewswire/ — A news report from China.org.cn on the green sporting events that China hosts:

In the blazing summer heat, a gentle breeze will greet you as you walk into the delegation service center of the Chengdu FISU Games’ Village. However, such coolness does not come from air conditioning. Architects drew experience from China’s traditional architectural design “leng xiang,” meaning “cold alley”, and designed the hall into a semi-open passage that features two wide ends and a relatively narrow corridor in the middle. Such layout channels in natural wind which accelerates ventilation and cools down the environment. This smart design could save electricity enough for up to twenty households to live a year.

At the currently ongoing Chengdu 2021 FISU World University Games, there are more designs that embody the same philosophy as the cold alley. For example, in the water polo venue — the Xiangcheng Sports Center, roofs, pavements and landscaping are all designed to help gather rainfall into the underground collector, where the rainwater could be processed and reused for watering landscaping. This process can save as much as 3,000 tons of water per year. In Dong’an Lake Sports Park, a “forest” of submerged plants that are hardy and alkaline tolerant thrive at the bottom of the lake. These plants supply enough oxygen in the lake, which helps with the biodiversity in this underwater ecosystem. With better water quality and improved ecology in the lake, freshwater jellyfish, a rare animal that demands premium water bodies, were spotted in the lake.

While “green” is the theme color of these grand designs, the philosophy of low-carbon and eco-friendly are also reflected in many details: The blue and white “low-carbon magic cubes” allow people to trade in recyclable waste like empty bottles and used paper cups for “carbon credits,” which could be exchanged for gifts once a certain threshold is hit, an act that incentivizes people to lead a low-carbon life. On the bottled water provided to all the athletes and staff, a special “mark-up” area was printed on the labels, to prevent water waste resulting from people not knowing which bottles belonged to them and throwing them away.

What’s worth noting is that, the 300 or so chairs in the press release rooms of the Universiade’s Main Media Center went through a long journey — they are rented from the Beijing 2022 Winter Olympics MMC. This low-profile interaction of the two sporting events echoes again with the buzzwords “green” and “sustainable,” principles adhered to by China for years when hosting sporting events.

Last year, the Beijing Winter Olympics achieved 100% carbon neutrality, where all venues were powered by 100% renewable energies; during the preparation for the games, the valuable wildlife leopard cats were captured multiple times in the Alpine Skiing Center, bearing proof to the fruit of the eco-environmental protection efforts. The upcoming Asian Games will also see this green trend live on.

Hosting “green games” has become a natural undertaking for China’s event committees. Innovative technologies empower sustainable development, which guarantees the consistent application of low-carbon philosophy in day-to-day life, not just during sporting events. With sporting events as platforms, sustainable and environment-friendly facilities are in place, which encourages citizens to continue low-carbon lifestyles. A single event can spearhead a city, sometimes even a country in becoming “greener.”

As more sporting events are hosted in China under the theme of “green,” the philosophy of harmony between humanity and nature is becoming the status-quo bit by bit.

China Mosaic 
http://www.china.org.cn/video/node_7230027.htm
Why green has become the theme color for China-hosted sporting events?
http://www.china.org.cn/video/2023-08/04/content_98502229.htm

PR Newswire

Fibocom 5G R16-compliant Module FM160-EAU Achieved Telstra Certification, Closing the Digital Divide with Future-proof FWA Solution across Australia

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Recently, Fibocom has achieved certification from Telstra, the leading mobile network service provider in Australia, with its SDX62-empowered module FM160-EAU tested on Telstra’s 5G network, further verifying the capability of delivering superior and reliable connectivity service to local users.

SHENZHEN, China, Aug. 3, 2023 /PRNewswire/ — Fibocom (Stock code: 300638), a global leading provider of IoT (Internet of Things) wireless solutions and wireless communication modules, announced that the 3GPP Release 16 compliant module FM160-EAU has achieved the Telstra certification. The module has been tested and verified on Telstra’s network to provide a high-performance 5G broadband service, driving the 5G adoption across industries such as FWA, security monitoring, and Industrial IoT in the regional market.

Broadband demand for regional and remote areas of Australian users has been growing rapidly, and FWA service is expected to cover more than 120,000 homes and business units by the end of 2024, according to Australia’s national broadband network (NBN). Meanwhile, 5G is empowered with extended capabilities as 3GPP standard evolves, therefore, it is crucial for FWA service providers to keep up with these advancements and bring an elevated experience for end users. The 5G Sub-6GHz module FM160-EAU is designed to provide an optimal 5G user experience with enhanced coverage, boosted throughput, and increased bandwidth. It is the ideal wireless solution for FWA service providers to bridge the gap of the digital divide by enabling gigabit connectivity for end devices such as CPE, ODU, mobile hot spot, USB dongles, etc. 

Based on the Qualcomm Snapdragon® X62 modem chipset, FM160-EAU supports NR CA (Carrier Aggregation), and delivers ultra-fast speed of up to 3.5Gbps DL and 900Mbps UL, significantly optimizing the speed performance for those IoT applications that require high data throughput. In addition to hardware design, FM160-EAU packages in M.2 form factor and pin-compatible with Fibocom’s Release 15 module FM150, ensuring the smooth migration to advanced generations and minimizing the investment concerns. It is worth highlighting that FM160-EAU is capable of providing high-precision locating service with its built-in GNSS, and allows feasible customization on abundant functionalities such as digital audio, and industry-standard interfaces for the utilization of 5G applications.

“Validating the interoperability tests on Telstra’s mobile network and receiving the certification successfully signifies another breakthrough of Fibocom’s 5G strategy in the global market,” said Gene Santana, VP of Overseas Carriers Certification Department, Fibocom. “With the implementation of 5G infrastructure in the regional market, we hope to deliver the resilient, fast and secure FM160-enabled 5G FWA solution to the Australian market in collaboration with Telstra.”

Find out the latest news at www.fibocom.com, and follow us on LinkedIn/Twitter/Facebook/Youtube.

Media Contact: pr@fibocom.com

Source: Fibocom Wireless Inc.

PR Newswire

“Kangsters”, A South Korean Able-Tech Startup, Selected for Acceleration Program by Praxis Labs

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DOVER, Del., Aug. 2, 2023 /PRNewswire/ — The landscape of innovation is set to witness a groundbreaking moment as Kangsters Inc., a pioneering able-tech startup hailing from South Korea, has been handpicked to participate in the 2023 Praxis redemptive acceleration program. This achievement positions Kangsters as the first-ever Korean startup to secure investment from the esteemed Praxis Fund, propelling its smart wheelchair treadmill called Wheely-X on a global scale.

Praxis Labs is renowned for its forward-thinking entrepreneurs, visionary investors, and industry leaders committed to fostering cross-border collaborations; and propelling revolutionary ventures that address global challenges.

Kangsters, a member company of Born2Global Centre, has emerged as a trailblazer in the able-tech industry, driven by a passionate team committed to reshaping the way we perceive and interact with technology, particularly in the field of able-tech. Its groundbreaking innovation, Wheely-X, is an advanced smart wheelchair treadmill that empowers individuals with mobility impairments to enhance their physical fitness and overall well-being.

The selection of Kangsters for the 2023 Praxis Labs offers a golden opportunity for the startup to network with influential entrepreneurs and investors from around the world. This prominent platform will enable Kangsters to showcase the Wheely-X and foster potential partnerships that could accelerate their global expansion.

Tyrion K. Kim, the founder and CEO of Kangsters said “this recognition is a testament to our team’s unwavering dedication to developing transformative solutions that positively impact the lives of millions of people worldwide. We firmly believe that this opportunity will not only enable us to scale our business but also foster greater inclusivity in society.”

As Kangsters embarks on this remarkable journey, the company carries the aspirations of not only its dedicated team and supporters but also the hopes of the entire able-tech industry. This milestone achievement is set to inspire other Korean startups to pursue their innovative ideas and impact the world on a global scale, further solidifying Korea’s position as a hub for groundbreaking technology and entrepreneurship.

PR Newswire

Zong 4G’s education program in Pakistan’s underserved communities

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BEIJING, Aug. 1, 2023 /PRNewswire/ — A news report from chinadaily.com.cn:

As a child growing up in a small village in Rehri Goth union council in a coastal belt of District Karachi Malir, Pakistan. I faced numerous obstacles, including poverty and limited access to educational resources. Despite these challenges, I had a burning desire to learn, and I dreamt of a brighter future for myself and my family. With 60% of the population unable to read or write, and rural areas facing even more challenges with a mere 49% literacy rate, Pakistan’s education system faced massive challenges. Inadequate infrastructure, lack of trained teachers, and scarce resources trapped millions in a cycle of poverty and limited opportunities.

My journey to education was no different from that of countless other children in my village. I was always curious and eager to learn, but the lack of a computer lab at my school meant that I was missing out on crucial digital literacy skills. I didn’t even know what a computer was, let alone how it worked. That was until a ray of hope shone upon my life. Zong 4G, as part of its sustainability endeavor, partnered with the HANDS Foundation to establish a computer lab at my school. This was a game-changer for me and my fellow students.

When the computer lab was inaugurated back in November 2022, my life took a dramatic turn. I immersed myself in learning computer skills with unwavering determination. With the support of Zong 4G’s connectivity, I delved into the world of Microsoft Word, Excel, PowerPoint, and internet browsing. My thirst for knowledge was insatiable, and I quickly gained proficiency in these basic but essential digital tools.

The impact of learning how to use a computer on my life was profound. It opened up a whole new world of opportunities for me. I could now access information and resources that were previously beyond my reach. I gained valuable skills that would be instrumental in shaping my future. With each passing day, my confidence soared. I was no longer limited by my circumstances. I had the tools I needed to pursue my dreams, and I was determined to make the most of them. My teachers were amazed by my progress, and I became an inspiration to my peers.

My story, however, did not end here. I was not content with just acquiring skills for myself. I wanted to give back to my community and make a difference in the lives of others. I started using my newfound knowledge to teach my fellow classmates and even my elders about computers and digital literacy. I hoped to become a beacon of hope in my village, inspiring others to embrace the power of education and technology.

My hard work and dedication paid off. In just six months, I had been transformed from a curious and determined student to a confident and skilled young individual. My life had been transformed, and I was now equipped with the tools to pursue my dreams and help others along the way.

I will forever be grateful to Zong 4G for changing my life. Their support has empowered me to break free from the limitations of my circumstances and pursue my dreams. I am determined to make the most of this opportunity and use my skills to make a positive impact in my community and beyond.

My story is a testament to the incredible impact that Zong 4G’s sustainability projects across the One Belt, One Road initiative in Pakistan have had. It is a story of resilience, determination, and the transformative power of education. Thanks to Zong 4G’s efforts to bridge the digital divide, I and many other underprivileged children now have a brighter future ahead of them.

PR Newswire

CIB FinTech and Huawei Jointly Win The Asian Banker’s Award for Best Data Infrastructure Implementation in China

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SHENZHEN, China, July 29, 2023 /PRNewswire/ — At the Future of Finance China 2023, the prestigious international finance magazine The Asian Banker unveiled the winners of its Financial Technology Awards this year. Industrial Digital Financial Services Co., Ltd. (CIB FinTech for short) and Huawei Technologies Co., Ltd. (Huawei for short) jointly won Best Data Infrastructure Implementation in China in this category.

CIB FinTech and Huawei Jointly Win The Asian Banker's Award for Best Data Infrastructure Implementation in China.
CIB FinTech and Huawei Jointly Win The Asian Banker’s Award for Best Data Infrastructure Implementation in China.

The financial industry is currently witnessing tremendous inflation regarding the sheer amount of data it produces, and its value is rising with it. Financial institutions now need to obtain and use data in real time, posing higher requirements on data application, governance, and security.

Based on Huawei Financial Data Intelligence Solution that includes software and hardware products like Kunpeng, Kylin, Huawei Cloud, and data lakehouse, CIB FinTech has built an enterprise-level and all-scenario integrated analysis platform. As a self-service, real-time, and intelligent data service technical foundation, the platform consists of data, scheduling, management, and service sub-platforms. It replaces the original data warehouse system and functions as the new core of the group’s data services, improving data services from four aspects.

  1. Strengthens basic data capabilities
    Based on the large-scale distributed computing architecture, the new analysis platform integrates the batch data warehouse, real-time data warehouse, and IoT data warehouse to achieve high scalability and availability. It increases the number of nodes by 12 times and enlarges the high availability space by 20 times.
  2. Better enables data applications
    By building a low-code development platform, the group has created a full-process visualized data relationship graph. This significantly shortens the learning curve and simplifies application construction, speeding up R&D.
  3. Refines data governance and control
    A precise data map is drawn to accurately trace data sources and evaluate data value. Through multidimensional data management, the group can create forward-thinking data management solutions.
  4. Widens data capability sharing
    The group can give tenants access to data storage and computing capabilities, achieving an elastic supply, which allows its business departments to have an optimal experience in the obtaining and usage of data.

The new platform has laid a solid technical basis for the Industrial Bank to better deal with various businesses.

  • Risk control: The platform improves the key report data supply efficiency by 51%, so tens of billions of transactions can be analyzed in seconds. This helps the head office precisely analyze risks and prevent fraud.
  • Marketing: The bank boasts an optimized precise retailing model to cover tens of millions of customers. By building a closed-loop digital marketing process, its marketing campaigns have billions of person-times of interactions each year.
  • Technology: The reuse rate of public interfaces is improved by 10 times, significantly slashing R&D costs. Currently, more than 300 systems have accessed data services.

CIB FinTech and Huawei jointly reconstructed the enterprise-level data platform. Relying on a digital infrastructure that features self-service control, convergent capabilities, and intelligent O&M, the platform increases data asset value, optimizes data service experience, and transforms operational and profit models of banks, thereby enhancing both the customer experience and operational efficiency.

Huawei dives into the data domain and remains committed to exploring new scenarios, while at the same time collaborating with customers and partners to help financial institutions upgrade data and intelligence capabilities. Leveraging its fully-converged cloud-data-AI-computing Financial Data Intelligence Solution, Huawei accelerates the unleashing of data value and helps financial institutions innovate businesses.

For more information about Huawei Financial Data Intelligence Solution, please refer to https://e.huawei.com/en/industries/finance/data-intelligence

CONTACT: hwebgcomms@huawei.com

PR Newswire

CosmosAI’s CMA Soars 100% on PancakeSwap Listing: A Promising Future for AI and Computing

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LONDON, July 28, 2023 /PRNewswire/ — The highly-anticipated CMA, the digital share of CosmosAI, has made its grand debut on PancakeSwap, leaving investors thrilled as its price skyrocketed by an astonishing 100% within just three days of listing.

Nadine Hwu, the spokesperson of CosmosAI. “As we witness the rapid digitization of industries and the increasing reliance on AI-driven solutions, the demand for CosmosAI’s innovative computing power network is poised to soar in the coming years.”

CosmosAI’s CMA holds great promise in the digital share and asset market. With AI and computing as the foundation of the future smart society, CMA is positioned for exponential growth in the next three years. Experts predict that the CMA could potentially surge by 10,000%, making it an attractive investment opportunity.

Investors and enthusiasts can join the CMA trading frenzy on PancakeSwap by following the link [https://bit.ly/cma-usdt].

As the smart computing power network continues to expand globally, the CMA’s listing on PancakeSwap is a significant milestone. The surge in its value indicates the market’s confidence in CosmosAI’s vision and its potential to reshape the future of AI and computing.

About CosmosAI:

CosmosAI is a leading global smart computing power network project that aims to revolutionize the sharing and utilization of computational resources. By connecting and integrating computing devices worldwide, CosmosAI provides stronger and fairer computing support for AI development, driving advancements in artificial intelligence and promoting digitization on a global scale. For more information, please visit the official website: [https://ai-cosmo.com]

Media Contact:
Nadine Hwu
Email: info@ai-cosmo.com

PR Newswire

The 40,000 m2 High-End Storage R&D Complex of Longsys’s Shanghai HQ Successfully Topped Out, Gathering Innovative Forces

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SHENZHEN, China, July 28, 2023 /PRNewswire/ — On July 28, 2023, the topping out ceremony for Longsys’s Shanghai HQ project was successfully held in the Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone. Leaders from the Lin-gang Special Area Management Committee, Longsys team, and participating units such as project construction, supervision, and design jointly attended the ceremony.

Longsys’s Shanghai HQ is located at the core area of the Dishui Lake Science and Technology Innovation HQ Bay in the Lin-gang Special Area. The project was launched for construction in 2021, covering an area of about 2.3 acres, with a total construction area of about 43,000 m2, which can accommodate more than 800 R&D personnel. The project will build an R&D and office complex, focusing on high-end storage product innovation, storage industry chain delivery, offshore cross-border business, and corporate brand culture display. It is expected to be completed before the end of 2024, and will play a crucial role on carrying Longsys’s long-term development strategy.

According to the plan, Longsys’s Shanghai HQ will build a number of R&D areas and labs, introduce cutting-edge technical supporting facilities, and focus on the R&D of enterprise, industry and automotive storage products and the design of memory chips, which are widely used in various fields, such as data centers, smart cars, smart grids, security monitoring, and industrial Internet of Things.

In the high-end product R&D areas, enterprise SSD storage and storage system software for large-scale computing such as data centers, as well as large-capacity UFS memory chips that comply with the automotive and industry reliability standards will be developed to empower high-performance and high-reliability storage applications. In the memory chip design and R&D areas, focus will be on the NOR flash, SLC NAND flash, memory controller chips, memory peripheral chips, and the like to meet the market demand of miniaturized and precise storage. The high-end storage R&D complex will further enhance Longsys’s independent innovation capability and promote the development and application of storage technology in various fields.

Mr. Cai Huabo, Chairman and General Manager of Longsys, said that the construction of the Shanghai HQ Project has made a good start. As the first stop for Longsys’s expansion from the base in China to the global industrial field, with the favorable policy of talent introduction in the Lin-gang Special Area and the strong support for financial and trade innovation reform and industrial ecological construction from the government of the Lin-gang Special Area, the Shanghai HQ will become a paramount R&D center for Longsys’s innovation and development. It will also become a milestone for Longsys’s 24-year development to link the past with the future, expand production and increase capacity. In addition, it will also be regarded as a key measure for practicing the company philosophy of “being close to customers, close to talents, and close to the industrial chain.”

Salutes resounded, and ribbons fluttered in the air. At 11:18, the leaders and guests attending the meeting were excited and passionate to hold gold shovels in warm applause and blessings, and jointly completed the last concrete pouring for the main project. This moment marks that the company will enter another new chapter.

In the future, Longsys’s Shanghai HQ will gather high-end storage talents and R&D equipment, build the world’s top high-end storage R&D complex, comprehensively enhance the company’s all-around storage service capability, and continuously and steadily transform the company into an international semiconductor storage brand.

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