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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

True and ZTE launch Joint Innovation Center to inject new vitality into Thailand’s digital transformation

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  • True and ZTE have jointly established the “True & ZTE Innovation Center” at True Digital Park in Bangkok.
  • The Joint Innovation Center offers endless possibilities, including ultra-high-capacity, optical networks, 5G wireless coverage, AI technology, Smart Factory, and various 5G applications.

BANGKOK, July 20, 2023 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, together with True Corporation, Thailand’s leading Telecom-tech company, have jointly launched the “True & ZTE Innovation Center” at True Digital Park in Bangkok. The innovative collaboration between True and ZTE will inject new vitality into Thailand’s digital transformation.

The “True & ZTE Innovation Center” aims to provide advanced digital solutions to Thai society and enterprises through technological, business, enterprise digital, and business model innovation. This will drive Thailand’s competitiveness in the global digital economy and jointly contribute to implementing Thailand’s digital strategy, serving Thailand’s digital strategy and social digital transformation.

Mr. Manat Manavutiveth, Chief Executive Officer of True Corporation Plc said, “Walking through the Innovation Center, you must have witnessed a large variety of cutting-edge digital products and solutions, which will play an important role in further promoting Thailand’s digitalization process and beyond.

“We look forward to close collaboration beyond the excellent relationship with ZTE to provide wireless and wired networks. The cooperation shows how we join force to provide cutting-edge digital products and solutions, which will play an important role in promoting Thailand’s digitalization process, providing good support for regional digitalization and reliable business environment. We therefore must efficiently capitalize on the Joint Innovation Center, which offers endless possibilities. Chief among them are: ultra-high-capacity, optical networks, 5G wireless coverage, AI technology, Smart Factory, and various 5G applications.”

Mr. Li Zixue, Chairman and Executive Director of ZTE Corporation, said, “Thailand is the most important strategic market for ZTE. We are very honored to be an important partner of True. The two sides support each other and develop together. We will continuously provide excellent wired and wireless network solutions, with comprehensive support of the highest priority. Today, in the event of the establishment of this Joint Innovation Center, we hope the cooperation between ZTE and True can become a benchmark and the model for digital cooperation between China and Thailand, to work together and create the cutting-edge digital network in Thailand, to develop Thailand’s digital economy and bring benefits to Thai people.”

As part of the center, ZTE and True will explore and apply the latest communication technologies, including Reconfigurable Intelligent Surface (RIS), network AI autonomy, extreme green and efficient networks, cloud IP, and portable industry core i5GC. This collaboration aims to provide efficient and reliable communication infrastructure for Thai enterprises to meet the needs of Thailand’s digital strategy.

Currently, enterprise digital innovation is one of the center’s core objectives. Through cooperation, True and ZTE will provide tailor-made innovative solutions, including digital factories, intelligent manufacturing, smart agriculture, intelligent logistics, AI machine vision applications, and frontline operational safety management. These solutions aim to improve efficiency, reduce costs, and enhance production quality, helping enterprises achieve digital transformation and increase their competitiveness in the global market.

Furthermore, smart homes and smart living are also focal points of the innovation center. By applying AI technology and innovative solutions, the center aims to provide more convenient and intelligent experiences for personal and family life. Products such as smartphones, gaming phones, smart wearable devices, health trackers, glasses-free 3D tablets, cloud computers, WiFi 7 home routers, whole-home fiber optics, smart speakers, and smart home videos offer convenient living experiences. The users can remotely control lighting, temperature, curtains, televisions, air conditioners, and other household appliances using voice assistants or smartphones. In addition, the center offers personalized services and automated scenario settings based on environmental perception and user behavior so that life, learning, and residence can be more comfortable, safe, and convenient.

In collaboration with local ecosystem partners, the joint innovation center will thrive in the industry ecosystem through technological innovation, business innovation, enterprise digital innovation, and business model innovation. Additionally, the center will display innovative products, demonstrate innovative solutions, test new technologies, and cultivate digital skills and capabilities. ZTE will work hand in hand with True to embrace the bright future of digital society in Thailand, a vigorous, beautiful and colorful country!

MEDIA INQUIRIES:
ZTE Corporation
Communications
Email: ZTE.press.release@zte.com.cn

PR Newswire

Introducing Unitree Go2 – Quadruped Robot of Embodied AI

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HANGZHOU, China, July 18, 2023 /PRNewswire/ — On 12 July, Unitree unveiled its latest quadruped robot – the Unitree Go2, which features embodied AI. This product is expected to revolutionize the consumer-grade quadruped robots industry, leading to a transformation of the sector. Back in June 2021, Unitree released its first side-follow bionic robot—Go1, a technological breakthrough that attracted widespread attention and generated discussions worldwide upon its release. As a leading company in science and technology innovation, Unitree is now back, once again leading the industry! Equipped with standard 4D ultra-wide LiDAR and empowered by GPT’s large language model, Unitree Go2 of embodied AI joins you in exploring the future world!

Introducing Unitree Go2 - Quadruped Robot of Embodied AI
Introducing Unitree Go2 – Quadruped Robot of Embodied AI

Unitree Go2, as a quadruped robot, is not only advanced in its configuration and cool appearance, but also offers a range of interactive functions, perfectly simulating the behaviour of a real pet dog. This create a more intimate and enjoyable human-robot interaction experience. Now, Unitree Go2 is coming with a starting price from $1,600 (tax and freight excluded),

1. Standard 4D ultra-wide LIDAR upgrades recognition System by 200%.

Go2 features Unitree’s self-developed 4D LIDAR L1 with 360°x90°hemispherical ultra-wide recognition, super small blind spot and a minimum detection distance as low as 0.05m, enabling it to recognize different terrains.

2. Embodied Intelligence: AI+robot, Go2 is born with the empowerment of GPT

GPT embraces great language capacity and a large language base, which enables Go2 to fully understand its user’s intention and better comprehend its surroundings. Also, Go2 is able to make decisions based on information from its sensor. The increasing information it stores adds its unique characteristics, making it the closest friend of its user.

3. Remote control+long endurance+high-performance motor, hardware upgrades make the robot a new intelligent friend.

To execute more complex actions, Go2 had its motor performance enhanced by 30% with a peak joint torque of 45N.m. A new internal trace connecting technique allows greater flexibility and smoother movement for the robot. Besides, it is also equipped with a battery capacity increased to 8,000mAh, with an optional 15,000mAh ultra-long life battery available for even longer operation. What may surprise you most is that Go2 also features with 4G module, Wi-Fi 6, Bluetooth 5.2 and more stable and various network connections.

4. Gait + Posture + Offline Interaction, software upgrades make the robot understand you better.

To better adapt to different terrains, Go2 adopts an advanced Operation and Control System to realize more graceful pacing and stronger balance, including going up and down stairs, jumping, headstand, handshake and flip. In addition, Go2’s voice assistant including offline voice commands has been fully upgraded, which means that users can control the robot’s movements and functions through voice commands even when there is no internet.

5. Image transformation+force sensor+OTA Upgrades, enjoy limitless fun in the new App.

Go2 provides real-time image transmission and radar altitude map display, which helps users to check the surroundings anytime and anywhere. The app also supports displaying ethe parameters of each sensor, so as to have a clearer picture of the robot’s operation status. Besides, equipped with 4G module, it can control the robot in an over-the-horizon distance. Another advantage is that it supports OTA upgrades. The robot automatically connects to UnitreeCloud and upgrades and optimises its own program through OTA service, thus continuously improving user experience.

6. Robotic Arm+charging pile+ high computing power module, equipped with more advanced tech devices

Go2 is equipped with a servo robotic arm, which can complete grasping, carrying and other actions. Combined with navigation LIDAR, high computing power module and charging piles, Go2 achieves home guarding, independent inspection route planning, and positioned shoot and record, and provides acoustic and visual alarms when encountering anomalies. Also, it is worth mentioning that Go2 can also carry a range of powerful and high-performance accessories to suit different customer needs, bringing even more possibilities for exploring the real world.

Announcing Unitree Go2 marks another revolution in the field of robotics. This robot is not only an outstanding example of high-tech achievements, but also an indispensable part of future intelligent life. It can be applied in many fields, such as family entertainment, intelligent assistant, education and training, medical care, offering people more convenient, intelligent and efficient services. We believe that as Unitree continues to explore and innovate, it will keep leading the development of the quadruped robot industry. When exposed to the charm of science and technology, we want to invite you to create a better technological world and a brighter human future with Unitree Go2.

To find out more about where you can purchase a Go2 quadruped robot, visit our website.

Official: www.unitree.com/en/go2
Store Go2: https://bit.ly/43t9R5d
Youtube: www.youtube.com/watch?v=6zPvT0ig1VM
Business cooperation: sales_global@unitree.cc
Business contact: +86 15776583869
Marketing cooperation: pr@unitree.com

PR Newswire

Invitation to media and analyst briefing for Ericsson Q2 2023 report

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  • Report to be released at approximately 7:00 AM CEST on July 14, 2023
  • One live video webcast for analysts, investors and journalists at 9:00 AM CEST

STOCKHOLM, July 4, 2023 /PRNewswire/ — Ericsson’s (NASDAQ: ERIC) financial report for the second quarter 2023 will be published at approximately 7:00 AM CEST on July 14, 2023.

The company will issue a press release with the complete financial report attached, including tables, in PDF format.

Following publication of the press release, the financial report will be available on Ericsson’s website: www.ericsson.com/en/investors/financial-reports/interim-reports

President and CEO Börje Ekholm and CFO Carl Mellander will comment on the report and take questions at a live video webcast at 9:00 AM CEST (8:00 AM BST London, 3:00 AM EDT New York).

Join the webcast or please go to www.ericsson.com/investors

To ask a question: Access dial-in information here

The webcast will be available on-demand after the event and can be viewed on our website.

NOTES TO EDITORS:

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ABOUT ERICSSON:

Ericsson enables communications service providers and enterprises to capture the full value of connectivity. The company’s portfolio spans the following business areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platform, and Technologies and New Businesses. It is designed to help our customers go digital, increase efficiency and find new revenue streams. Ericsson’s innovation investments have delivered the benefits of mobility and mobile broadband to billions of people globally. Ericsson stock is listed on Nasdaq Stockholm and on Nasdaq New York. www.ericsson.com

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PR Newswire

LTIMindtree Launches Canvas.ai, A Generative AI Platform To Accelerate Concept-To-Value Realization For Enterprises

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The Platform, built using well-architected framework, enables clients to build, manage and consume generative AI solutions responsibly

WARREN, N.J. and MUMBAI, India, June 21, 2023 /PRNewswire/ — LTIMindtree (NSE: LTIM) (BSE: 540005), a global technology consulting and digital solutions company, today launched Canvas.ai, an enterprise-ready generative AI platform designed to accelerate the concept-to-value journey for businesses using mindful AI principles.

Canvas.ai is among the first-of-its-kind platform designed to help enterprises jump start and scale generative AI capabilities, bolstering business innovation and engineering productivity. Leveraging well-architected framework and sound governance measures, Canvas.ai effectively manages proprietary and industry-specific data, while factoring its ethical use, sustainability, privacy and security. The platform-based architecture of Canvas.ai caters to the business requirements of three key personas – creators who build the generative AI solutions, admins who manage, and users who consume governed generative AI solutions.

Debashis Chatterjee, Chief Executive Officer and Managing Director at LTIMindtree said, “Generative AI is a seminal trend that is slating the next phase of autonomous enterprises. Through our 4E model of Educate, Experience, Explore and Employ, we remain invested in helping our clients adopt and adapt generative AI ways of working. We are happy to note that several global clients are already leveraging Canvas.ai to solve for unique business needs in their journey towards digital transformation and cutting-edge experience.”

Nachiket Deshpande, Whole-Time Director and Chief Operating Officer at LTIMindtree said, “With Canvas.ai, clients gain access to LTIMindtree’s partnership with leading Large Language Model (LLM) providers and ecosystem of proprietary accelerators, domain-specific solution and product offerings, and future-ready talent pool. This will help clients harness the power of Generative AI and build out solutions for data monetization, productivity co-pilots, and engineering frameworks. Furthermore, the platform-centric design of Canvas.ai makes it adept at facilitating standardization, while accommodating the upgrades to generative AI technology, promoting enterprise-wide efficiency and reducing infrastructure and operating costs in the long term as clients digitize their core businesses.”

Canvas.ai guarantees up to 40-50% reduction in time and effort for app modernization and cloud migration programs.

“Rapid advancements in technology and pervasiveness of generative AI make it necessary for organizations to carefully weigh in the ethical ramifications of its adoption,” said Jitendra Putcha, Global Head, Data, Analytics and AI at LTIMindtree. “With built-in features such as explainable AI and security-first approach, which serve as guardrails, Canvas.ai prevents the abuse of the technology. It can help organizations traverse data regulations, minimize unintended bias and ensure transparency across the business supply chain. It gives them the scope for mindful innovation and the resources to deploy generative AI responsibly.”

Canvas.ai is available for clients globally through LTIMindtree’s Generative AI Studios in Warren, NJ; Dallas, TX; Hartford, CT; and Minneapolis, MN in US; London and Paris in Europe; and Mumbai, Bengaluru and Hyderabad in India.

About LTIMindtree

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world. Powered by 84,000+ talented and entrepreneurial professionals across more than 30 countries, LTIMindtree — a Larsen & Toubro Group company — combines the industry-acclaimed strengths of erstwhile Larsen and Toubro Infotech and Mindtree in solving the most complex business challenges and delivering transformation at scale. For more information, please visit https://www.ltimindtree.com/.  

Media Contact :
media@ltimindtree.com

PR Newswire

Taoping To Launch Cloud Nest AI System; Powerful Generative AI System Across the Cloud to Accelerate Growth

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SHENZHEN, China, June 15, 2023 /PRNewswire/ — Taoping Inc. (NASDAQ: TAOP, the “Company” or “Taoping”), today announced the Company plans to launch Cloud Nest AI, a powerful generative AI system across the Cloud to accelerate growth. Cloud Nest AI will leverage the Company’s existing cloud-based technology and applications and integrate AI with intelligent Cloud platform technology and product capabilities. End users are empowered with smart scene terminals, that deeply integrate numerous industry-specific application scenarios across all major industries and subsegments.

Taoping’s industry specific applications for different scenarios based on the Cloud Nest AI system are expected to provide multi-dimensional empowerment for various industries from multiple perspectives, such as content generation, human-computer interaction, visual perception, and cognitive decision-making. In the field of advertising media, Taoping’s cloud platform allows advertisers to provide creative content, such as graphics, videos, and texts for specific promotional strategies, while artificial intelligence can then effectively develop mixed-media promotions.

Taoping will also integrate the new generative AI system into its other smart solutions to better help customers harness the latest technology development to achieve a higher return on investment, lower cost of ownership, an improved overall customer experience. This includes the Company’s intelligent cleaning robots, which are pushing industry-leading performance in terms of unmanned driving, intelligent decision-making, and human-machine collaboration to solve complex urban outdoor and indoor scenarios. Another example is in the field of ecological environmental protection, where the Company’s off-grid sewage treatment equipment adopts microbial control technology and intelligent monitoring system to accurately implement sewage treatment from the source of sewage generation, which is highly efficient, energy-saving and environmentally friendly.

Mr. Lin Jianghuai, Chairman and CEO of Taoping, said: “The Cloud Nest AI generative AI system will be another important milestone based on the strategic upgrade of Taoping’s Cloud-based technology and applications. We have been investing in and actively deploying a series of exciting new products to help our customers better embrace superior new technologies and systems, which in return will accelerate our revenue growth. We look forward to continuing to open new commercial and industrial opportunities for our Cloud Nest generative AI system, and will keep the market updated on our progress.”

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit www.taop.com. You can also follow us via LinkedIn, Twitter or YouTube.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.  There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global Covid-19 pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and TAOP undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

Source: Taoping Inc.

PR Newswire

ZTE secures two major awards at the Asian Telecom Awards 2023

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  • ZTE won the “Technology Innovation of the Year – Philippines“ award for its partnership with Converge ICT Solutions Inc. ZTE introduced the first residential XGS-PON services in the Philippines through Converge
  • ZTE secured the “HR Initiative of the Year – Philippines“ award with its outstanding FLIP program

MANILA, Philippines, June 14, 2023 /PRNewswire/ — ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of information and communication technology solutions, has been honored with two prestigious awards at the Asian Telecom Awards 2023. ZTE received the “Technology Innovation of the Year – Philippines” and “HR Initiative of the Year – Philippines” awards. These accolades acknowledge ZTE’s outstanding accomplishments and initiatives among Asia’s top telecommunications companies.

The Asia Telecom Awards commend the endeavors of telecommunications companies across Asia in delivering the top-notch products and services in a challenging market. ZTE distinguished itself from the competition by utilizing ZTE XGS-PON for network expansion and implementing the Filipino Localization Improvement Program (FLIP). FLIP focuses on enhancing the skills of local engineers and driving localization efforts, demonstrating ZTE’s commitment to empowering the Filipino telecommunications industry.”

ZTE bagged the Technology Innovation of the Year – Philippines award for its partnership with Converge ICT Solutions Inc., the country’s fastest growing fiber internet provider.  ZTE introduced the first residential XGS-PON services in the Philippines through Converge, enabling an industry-first average speed of 8 Gbps. This brings a first-world country experience for the Converge’s clientele, catering to bandwidth-hungry applications, more users, and an increased number of devices. 

“ZTE Philippines will continue to be the country’s partner in bringing forth second-to-none technology innovations, remaining faithful to our commitment towards driving the digital economy,” said Zhang Chaohao, CMO of ZTE Philippines.  

Meanwhile, ZTE also claimed the HR Initiative of the Year – Philippines award for its FLIP program, a meticulously  planned talent management strategy aimed at recruiting, and nurturing digital talents in the industry. Additionally, ZTE has entered into a strategic cooperation Memorandum of Understanding (MOU) with two of the Philippines’ premier universities, the University of Santo Tomas (UST) and the Polytechnic University of the Philippines, as part of an Industry-Academe Linkage Program (IALP). This collaboration strengthens industry-academe partnerships and fosters mutual growth.

“All these initiatives and partnerships initiated by ZTE Philippines steer the company towards a successful direction, as well as contribute to the country’s economic development as a whole given the exceptional talent that ZTE plans to attract, develop and retain,” said Jin Zhichao, CTO of ZTE Philippines.  

“Being a company that believes in the quality of the Filipino workforce, we look forward to attracting and nurturing even more outstanding talents from the Philippines,” concluded Liu Feng, HR Director of ZTE Philippines. 

ABOUT ZTE:

ZTE helps to connect the world with continuous innovation for a better future. The company provides innovative technologies and integrated solutions, its portfolio spans all series of wireless, wireline, devices and professional telecommunications services. Serving over a quarter of the global population, ZTE is dedicated to creating a digital and intelligent ecosystem, and enabling connectivity and trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock Exchanges. www.zte.com.cn/global

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MEDIA INQUIRIES:

ZTE Corporation
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Email: ZTE.press.release@zte.com.cn

PR Newswire

China Telecom Global and stc group ink MOU to collaborate in IoT and Connected Car Projects

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Leveraging their respective IoT expertise to accelerate the development of connected car technology in Saudi Arabia

HONG KONG, May 31, 2023 /PRNewswire/ — On 19th of April, China Telecom Global Limited (“CTG”), the world-leading provider of integrated telecommunication services, and stc group, the leading digital enabler in Saudi Arabia and the region, have signed a memorandum of understanding (MOU) to strengthen the IoT business, and explore business opportunities and innovations that will achieve common goals for both parties.

The primary aim of the MOU will revolve around the strategic development of IoT industries, especially connected car projects in Saudi Arabia.

Over the past few decades, Chinese automobile companies have solidified their presence in Saudi Arabia by exporting new and innovative vehicles. CTG and stc have entered a mutual agreement to leverage their respective IoT services, and the IoT expertise and partnership synergies to usher in the next generation of connected transportation and vehicles. This will allow CTG to further expand its market leading IoT solutions in the country and enhance Saudi Arabia’s position as an interconnected hub in the Middle East. The agreement will provide an opportunity for both parties to promote growth in strategic areas and capture synergies that will go towards fulfilling the obligations of the MOU.

Mr. Li Yong Bo, Global Roaming and Mobility Business Centre Vice President, CTG, said: “We’re looking forward to building upon the existing cooperation framework between CTG and stc group that includes corresponding mutual affiliates to explore joint IoT opportunities in Saudi Arabia. Our agreement aligns with the kingdom’s Vision 2030 plan to accelerate the innovation of connected cars in the region. Both groups will work towards building benefits and advancing transportation for the nation and its people.”

Eng. Saud AlSheraihi, Products & Solutions Vice President, stc, said: “We are thrilled to announce our partnership with China Telecom as a significant step towards achieving our strategic goals for the IoT industry, particularly in the realm of connected car projects in KSA. By signing this MOU, we are confident that stc group and CTG will continue to work together to accelerate our digital developments and ensure that we meet our objectives”

stc group and CTG, will collectively be operating to ensure their IoT business is successful. IoT services in KSA and the region will be scaled up through different technologies and digital solutions supported by the combined knowledge of all three parties, especially for the connected cars project. There will be additional IoT prospects in the pipeline that will upgrade the lifestyle in the Kingdom and stc group with China Telecom as the lead in these developments.     

Establishing the partnership strengthens the corporate foundations between the stc group and CTG in the arena of IoT, especially through the provision of solid practical experience and industry knowledge that builds a competitive edge. In the future, both parties will explore endless innovations and share the fruits of technological breakthroughs with the wider community. 

About China Telecom Global

China Telecom Corporation Limited (“China Telecom”), one of the world’s largest providers of integrated telecommunication services, has unwaveringly strived to enhance its capabilities in maintaining its global footprints while addressing changing demands. In 2000, China Telecom established its first overseas office. In order to further enhance its global service quality and accelerate overseas business expansion, China Telecom established China Telecom Global Limited in 2012, which is headquartered in Hong Kong, China. China Telecom has not only established its presence in 41 countries and regions, but also now offers services around the world to help global customers accelerate their business transformation journeys.

Leveraging its vast network resources of 50 submarine cables with 117T in intercontinental capacity and 229 Points-of-Presence (PoPs) around the world, China Telecom offers a high-performing global network for international carriers, multinational enterprises, and overseas Chinese customers. On the fast track of corporate digital transformation across the globe, China Telecom Global is dedicated to delivering a wide portfolio of high-quality and integrated communications solutions for international operators, multinational enterprises, and overseas Chinese customers. Through the comprehensive enhancement of DICT technology, “Cloud-Network Integration” strategy and operational security, we can support industries to better navigate their journey of digital transformation and explore new opportunities in the digital economy.

With an agile and forward-looking spirit, innovative products and business models, and industry-leading technologies, China Telecom is dedicated to creating value for its customers in their business transformation, enabling them to achieve business growth, enhance global footprints, and maintain competitive edges by digitalisation.

About stc Group

stc is a pioneer digital champion, always focused on innovation and the evolution of digital solutions to enrich the customer’s experience and enhance their digital experience. stc offers various ICT solutions and digital services in different categories, taking the lead in digital transformation nationally and regionally. stc focuses on implementing initiatives along with seizing current and future opportunities to promote sustainability, innovation and people empowerment For more information, please visit https://www.stc.com.sa; or to follow us on Twitter: @stc, Instagram: @stc_ksa 

PR Newswire

Sercomm Philippines Holds Grand Opening of State-of-the-Art and Green Facility in Carmelray Industrial Park 1

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Manufacturing center expansion aims to become regional hub to serve North America and Southeast Asia markets and create 5,000 job opportunities in the Philippines

MANILA, Philippines, May 17, 2023 /PRNewswire/ — Sercomm Philippines, an affiliate of Sercomm Corporation, marked the grand opening of its new and advanced factory center, located in Carmelray Industrial Park 1 in Calamba, Philippines. Department of Trade and Industry (DTI) and Philippine Economic Zone Authority (PEZA) government officials and academic leaders were on hand for Factory Phase I opening ceremony. 

Sercomm Philippines Grand Opening
Sercomm Philippines Grand Opening

Sercomm Philippines is a world-class professional networking equipment manufacturing site aiming to become Sercomm’s regional hub to serve North America and Southeast Asia markets, providing a one-stop integrated service of R&D design, manufacturing and quality assurance. With a more than 2.5 billion peso investment, the manufacturing center is expected to attract local talent and create job opportunities, with an expected total employment of 5,000 employees. The 20,000 m2 facility, which specializes in wireless telecommunication devices such as 5G and fiber products, is a state-of-the-art, eco-friendly building adhering to the highest energy conservation standards. To cope with growing business, Sercomm also plans to construct Factory Phase II. Once completed, the manufacturing and R&D center will be 48,000 m2, and the total capacity will be further expanded to 40 million units in 2025. 

Sercomm, the parent company of Sercomm Philippines, is a leading global manufacturer of telecoms and broadband equipment. Headquartered in Taipei, Taiwan, Sercomm’s global operations network covers markets in North and Central America, Europe, and the Asia Pacific. Its customer base includes the world’s top service providers, networking OEMs, and system integrators. Sercomm was also recently recognized as “Asia’s overall Best Managed Company” and “Asia’s Best Company in Telecommunications” by FinanceAsia Magazine in 2022.

Department of Trade and Industry (DTI) Secretary Fred Pascual said, “The Philippines has abundant natural resources and a vibrant and tech-savvy talent pool. Among the leading companies in the industry that have chosen to establish manufacturing facilities in the Philippines is Sercomm that is pioneering innovation. We at DTI welcome, with optimism, Sercomm’s establishment of cutting-edge facilities in the Philippines, strengthening the country’s industrial competitiveness and facilitating employment generation.”

“The Philippines’ sufficient talent and geographical location between Eurasia and the Pacific Ocean makes it a suitable design and manufacturing center for North America and Southeast Asia. With the strong support of DTI in its inception, Sercomm chose Philippines to be its strategic regional operation center,” James Wang, Sercomm Group Chairman stated, “The new Sercomm Philippines facility is an eco-friendly green building, where technology is integrated into humanities, and it also reflects the corporate commitment of sustainability.”

The company has also inked a LOI (Letter of Intent) with the Philippine Economic Zone Authority (PEZA). Sercomm Philippines reaffirmed its commitment to invest in the talent incubation and to expand its manufacturing facility and production scale in the economic zone, and PEZA will continuously provide any needed support. With Sercomm’s strong collaboration in bringing the most advanced technologies to ecozones, high-tech industries will diversify PEZA’s investment profile and increasingly raise the value chain.

About Sercomm Corporation

Sercomm Corporation (TWSE: 5388) is a worldwide leading manufacturer of telecom and broadband equipment. Founded in 1992, Sercomm has focused on developing embedded solutions to make networking simple and affordable. With its fully integrated engineering capability and its state-of-the-art manufacturing facility, Sercomm offers comprehensive telecom broadband solutions such as small cells, residential/enterprise gateways, and IoT products, and is now a global leader in the industry. Headquartered in Taipei, Taiwan, Sercomm’s global operation network covers markets in North America, Europe, and the Asia Pacific region. Its customer base includes the world’s top service provider, networking OEM, and system integrators. For more information, please visit www.sercomm.com.

PR Newswire

Supermicro Leads the Industry with the First Eight-Socket and Four-Socket Servers for the Most Demanding Enterprise, Database, and Mission-Critical Workloads, Based On Intel CPUs

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With Up To 480 Cores, 32TB of Memory, and 12 GPUs, These Systems Can Power Generative AI on SAP and Oracle Workflows in Real Time

SAN JOSE, Calif., May 10, 2023 /PRNewswire/ — Supermicro, Inc. (NASDAQ: SMCI), a Total IT Solution Provider for Cloud, AI/ML, Storage, and 5G/Edge, is introducing the most powerful server in its lineup for large-scale database and enterprise applications. The Multi-Processor product line includes the 8-socket server, ideal for in-memory databases requiring up to 480 cores and 32TB of DDR5 memory for maximum performance. In addition, the product line includes a 4-socket server, which is ideal for applications that require a single system image of up to 240 cores and 16TB of high-speed memory. These powerful systems all use 4th Gen Intel Xeon Scalable processors. Compared with the previous generation of 8-socket and 4-socket servers, the systems have 2X the core count, 1.33X the memory capacity, and 2X the memory bandwidth. Also, these systems deliver up to 4X the I/O bandwidth compared to previous generations of systems for connectivity to peripherals. The Supermicro 8-socket system has attained the highest performance ratings ever for a single system based on the SPECcpu2017 FP Rate benchmarks, for both the base and peak results. In addition, the Supermicro 8-socket and 4-socket servers demonstrate performance leadership on a wide range of SPEC benchmarks. Learn more about the SPEC benchmarks at: http://www.spec.org.

Versatile New 8-Socket and 4-Socket Servers for Scale-up Applications
Versatile New 8-Socket and 4-Socket Servers for Scale-up Applications

“We continue to address the needs of our enterprise customers with our new 8-socket and 4-socket servers, the largest and most powerful servers in the industry today,” said Charles Liang, president, and CEO of Supermicro. “We are addressing the needs of the most demanding organizations worldwide, who require the simplicity and serviceability of a single system with up to 480 cores, 32TB of memory, and up to 12 NVIDIA H100 Tensor Core GPUs in a single enclosure. Our new 8-socket systems lead the entire industry in both floating point and integer performance for large MP systems. With our Building Block Solutions approach to server design allows us to bring a wide range of servers to market faster, from the edge to the corporate data center. Supermicro now delivers Rack Scale Solutions for our customers worldwide without constraints.”

Learn more about Supermicro X13 Multi-Processor Servers at: https://www.supermicro.com/en/products/mp?pro=generation_new%3DX13

Both the 8-socket and 4-socket servers have been certified for SAP HANA and Oracle Database and Applications. The large memory pools available to these systems allow superior SAP and Oracle performance as all workloads are scaled up in a single node without the latency of horizontally scaling across networks. In addition, the 4-socket system can host two double-width GPUs while the 8-socket system can host up to 12 double-width GPUs allowing for real-time or batch AI training and inferencing against SAP and Oracle datasets. The versatility and expandability of these systems futureproof  SAP and Oracle deployments for rapidly evolving generative AI automation of ERP workflows.

The new 8-socket and 4-socket servers reduce complexity when creating a high-performance data center for enterprise applications, such as Artificial Intelligence (AI), Databases, Analytics, Business Intelligence, ERP, CRM, and Scientific Visualization workloads. By bringing massive amounts of computing, memory, and storage resources together within a single instance of the operating system, the management of the system is reduced, as is the networking to other servers. The specifications of the two new systems:

  • SYS-681E-TR: Up to TDP 350W, 480 Cores, 32TB of DDR5 Memory, 12 Double-Wide GPUs and 24x 2.5″ Drives, 6U
  • SYS-241H-TNRTTP: Up to TDP 350W, 240 Cores, 16TB of DDR5 Memory, 4 Single-Wide GPUs and 8x 2.5″ Drives, 2U
  • SYS-241E-TNRTTP: Up to TDP 185W, 96 cores, 16TB of DDR5 Memory, 2 Double-Wide GPUs and 24x 2.5″ Drives, 2U

“Supermicro is a leader in developing scale-up systems that use the 4th Gen Intel Xeon Scalable processors. These systems are designed to accelerate enterprise applications with hundreds of cores and terabytes of memory,” stated Greg Ernst, Intel Americas corporate vice president and general manager. “We work closely with Supermicro to deliver innovative systems for large scale applications.”

About Super Micro Computer, Inc.

Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first to market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are transforming into a Total IT Solutions provider with server, AI, storage, IoT, and switch systems, software, and services while delivering advanced high-volume motherboard, power, and chassis products. The products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power, and cooling solutions (air-conditioned, free air cooling or liquid cooling).

Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc. 

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

All other brands, names, and trademarks are the property of their respective owners.

Source: Super Micro Computer, Inc.