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PR Newswire

Huobi Singapore Launches First Huobi Academy Workshop on “The Future of Technology: Metaverse”

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The webinar covered a wide spectrum of topics on the Metaverse including Non-Fungible Tokens (NFTs), GameFi, and crypto art

SINGAPORE, Dec. 28, 2021 — Huobi Singapore, a leading global digital assets exchange platform, hosted a virtual workshop on "The Future of Technology: Metaverse" recently. As the first blockchain educational webinar from Huobi Academy, the workshop featured two prominent industry-leading speakers, Prof Yu Jianing (George), Executive Director of China Mobile Communication Association Metaverse Industry Council and President of Huobi Education, and Zhang Yuanjie, co-founder of Conflux Network.

Coined by science fiction author Neal Stephenson, the Metaverse is a 3D virtual space where people, represented by a digital identity, can interact with each other. Prof Yu and Zhang shared their insights on the key trends in Metaverse innovation spanning the digital economy, data rights, the community, identity, culture and art, and finance. Bringing together their combined expertise, the speakers also discussed non-fungible tokens (NFTs) and its associated digital assets including Avatar collectibles, GameFi, and crypto art among others, using case studies such as Decentraland (MANA) to illustrate the Metaverse concept. 

Zhang also highlighted that the NFT market has seen an exponential growth recently due to its popularity among mainstream audiences. According to a DappRadar industry report published on October 1, NFT sales have surged from $28 million in Q3 2020 to $10.7 billion in Q3 2021. Zhang also shared that NFT collectibles have exceeded $3 billion in trading volume in August this year, as compared to less than a quarter million in February, based on Opensea’s monthly trading volume.

Prof Yu Jianing (George), President of Huobi Education said: "With the development and integration of cutting-edge technologies such as virtual reality (VR), artificial intelligence (AI), Internet of Things (IoT), and blockchain, the world we live in is gradually evolving into this digital space – one where people will be able fully immerse their lives in."

"As the next generation of Web 3.0, I am confident that the Metaverse will bring about an entirely new digital world, bridging the divide between the physical and virtual worlds. The possibilities of the Metaverse are boundless, with the potential to reshape the fabric of society and change our way of life – whether it’s the future of work, learning, finance, communication or collaboration," he added.

As the first of the educational series of workshops, Huobi Academy will continue to collaborate with world-class education institutions to empower users with blockchain knowledge in the digital economy.

For the latest updates on Huobi Singapore, please follow our social channels: 

Huobi Singapore: Twitter | Facebook | LinkedIn

About Huobi Singapore:

Huobi Singapore, a subsidiary wholly owned by Huobi Technology Holdings Limited (Huobi Tech), is a leading global digital assets exchange platform based on blockchain technology. Huobi Singapore will bring together a global network of digital assets issuers and investors. Currently operating with a licensing exemption granted by the MAS under the Payment Services Act, Huobi Singapore provides a world-class digital asset platform that is safe, professional, and trustworthy to all our clients.

PR Newswire

Yadea Brings Festive Spirit and Holiday Cheer to Riders with New Christmas Social Media Campaign

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MUNICH, Dec. 25, 2021 — As households around the globe celebrate the holiday season, Yadea (01585:HK), the world’s leading electric two-wheeler brand, has joined the festivities with its very own Christmas-themed short film. Released via Yadea’s social media channels on the day of Christmas, the whimsical video brings season’s greetings to Yadea’s global network of riders bringing the holiday spirit into the era of green.

Yadea released its very own Christmas-themed short film via its social media channels on the day of Christmas.
Yadea released its very own Christmas-themed short film via its social media channels on the day of Christmas.

In the Christmassy video, Santa can be seen around the streets and landmarks of Paris on Christmas Eve delivering gifts. Of course, for Santa, it is absolutely key not to get noticed by children, particularly in Europe where cities are trying to tackle noise pollution. Good old-fashioned reindeer just don’t cut it anymore – which is why Santa has discreetly chosen the Yadea C1S electric motorcycle his transportation of choice in the festive film, allowing him to quickly and quietly go about his business unnoticed by a single soul on the streets of the French capital on Christmas Eve.

A sporty and refined ride, Yadea’s noise-free C1S is ideal for anyone who wants to take after Santa and zip around urban settings. With a Red Dot Award-winning KISKA design and a generous 25L of storage space, Yadea C1S looks great on the roads and offers ample room for storing gifts or other cargo. And, while Santa chose the grey model to avoid detection on the streets, the electric motorcycle is also available with a coat of Beckers paint in candy cane Red, Blue, White, and Black – allowing riders to express their personality on the road.

Delivering billions of presents in a single night is daunting, which is why Santa needs the best performance and battery life possible. With a GTR 3.0 high-performance motor, the C1S packs plenty of power, while also being whisper-quiet. It features a Panasonic 18650 lithium battery with expandable dual battery support – enabling drivers to go further on a single charge. No matter the conditions, families are counting on Santa to deliver gifts on time. Again, the Yadea C1S excels: with IP57 waterproofing, a C-level brightness Yadea Gene Headlamp that shines brighter than Rudolph’s nose, and motorcycle-level hydraulic shock absorption. What’s more, the C1S is as dependable as a fleet of reindeer: with Yadea’s intelligent power management system, the battery offers nine levels of safety protection against overcurrent, overcharge, short-circuit and more.

Since its release, Yadea’s Christmas-themed film has been shared by netizens and garnered newfound attention for the C1S electric motorcycle. Additionally, Yadea also shared a series of festive posts across social media as the holidays neared, including an Instagram post-a vinyl record-player-shaped music box playing Christmas-themed music inviting followers to share their most cherished Christmas memories.

"We want to wish all members of the Yadea community a Merry Christmas, no matter where they’re celebrating around the world. We hope that Yadea can accompany you on a holiday season filled with joy and happiness as electrifying as your Christmas," said Aska Zeng, General Manager of Yadea.

About Yadea
Yadea is a global leader in developing and manufacturing electric two-wheel vehicles including electric motorcycles, electric mopeds, electric bicycles and electric kick scooters. To date, Yadea has sold products to 50 million users in over 80 countries, and has a network of 35,000+ retailers worldwide. With a mission to help people "Electrify Your Life", Yadea continues to invest in R&D, production and global expansion to build a shared and sustainable future for mankind.

For more information, visit our:
Official Website: https://www.yadea.com/
Facebook: https://www.facebook.com/Yadea.Official
Instagram: https://www.instagram.com/YADEA.GLOBAL/
Twitter: https://twitter.com/YadeaGlobal

PR Newswire

Bluetti Rings Christmas Campaign for the New Year on Solar Generators, Panels and More

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LAS VEGAS, Dec. 25, 2021 — Bluetti, pioneers in off-grid power solutions, unveils its Christmas campaign to celebrate the holiday season with consumers.


For users searching for the best solar generator the industry has to offer, Bluetti’s AC300 Modular Power Station with its B300 external battery packs will make the perfect gift. With a 3000W pure sine wave inverter under the hood and a significantly reduced weight, an AC300 filled to the max with four B300 packs delivers an overall capacity of 12,288Wh. The modular nature also makes for easy use both indoors and outdoors, and can be configured to meet every need.

The B300 battery modules use top-of-the-range lithium ferro phosphate (LFP) cells, capable of 3,500-plus life cycles and lasting over 10 years before maximum capacity drops to 80% at one cycle per day. Charge up the AC300 with both AC and solar simultaneously, and if even more power is needed, the new Bluetti Fusion Box Pro can double the voltage, power, and capacity up to 6,000W, 240V, and 24,576Wh.

For vanlifers, RVers, and campers, Bluetti is also offering the all-around upgraded version of a classic with the AC200 Max, powered by a 2,048Wh LFP battery. It can also take up to two external batteries including the B230 or B300, adding up to 6,144Wh with 2×B230’s, or 8,192Wh with 2×B300’s.

With the 900W advanced MPPT solar controller, the AC200MAX can also be charged quickly up to 80% with direct sunshine in around 2 hours.

In addition, the newly released Bluetti’s ultra-portable solar generators EB55 and EB70S are available with $50 off. The former has a 700W inverter under the hood and carries a 537Wh LiFePO4 battery pack for better portability, while the latter is packed with an 800W pure sine wave AC inverter and 716Wh ultra-durable LiFePO4 battery pack.

For the best savings, Bluetti’s solar panel bundles are not to be missed as well. Combined with power stations, this helpful equipment can be a lifesaver when there are emergencies or when the grid goes down.

Recommended Bluetti Bundles for Christmas:

Bonus Rewards This Christmas

To further enhance the holiday celebrations, Bluetti is also giving customers who purchase over $1,000 worth of products with a spin of the Christmas Luck Wheel. Prizes such as a 6-feet tall Christmas tree, a free power station (EB55, AC50S, AC20 or AC10) and more can be won so be sure to pop in before the Luck Wheel ends on Friday December 31, 2021.

PR Newswire

OKAI Showcases Safe, Smart and Fun e-Bikes, e-Scooters and Smart Accessories at CES 2022

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Visit us on Jan 5-8, 2022 – LVCC (Las Vegas Convention Center) Booth No. 4671, West Hall

HANGZHOU, China, Dec. 24, 2021 — OKAI, a global leader in light electric vehicles, will be back at CES 2022, the world’s largest technology event. OKAI will be showcasing the latest e-Scooters e-bike and smart accessories. Come visit us during Jan 5-8, 2022 – LVCC (Las Vegas Convention Center) Booth No. 4671, West Hall.

"It’s great to be back at CES 2022. We are excited to talk with customers and media about our upcoming products which has evolved to include e-Bikes, e-Scooters and smart accessories with some of the most innovative and advanced features on the market." said Jiangtao Lu, founder of OKAI.

Established since 2006, OKAI has full integration of research and development, production and supply chain within its group. With a 50,000 sqm factory in Jinyun, Zhejiang, the monthly capacity is around 120,000 units. OKAI also has world-class design and R&D centers producing some of the most modern and innovative designs in the industry. Headquartered in Hangzhou and offices in USA and Germany, OKAI has established strong partnerships with top brands in sharing micro-mobility industry and retail chains from around the world.

OKAI EB20: Professional Carbon Fiber e-Bike

The ultra-light weight EB20, is OKAI’s first carbon fiber frame e-Bike with a first four-link soft-tailed model. The bike is powered with a 250W/750W mid-motor and driven by a 14.7ah Samsung cell battery. Equipped with a large 2.8-inch touch screen, riders can customize the ride and UI themes to make the commute more personable and fun. The EB20 is compatible with professional mountain bike parts from Shimano, Suntour, Tektro and more.

OKAI ES600: The Most Efficient Ride Share Electric Scooter

The ES600 includes the world’s first aluminum stretch integrated process frame for an electric scooter. It features a fast battery swap and hassle-free access for easy in-and-out battery replacement to allow the scooter more time on the road in addition to a smartly designed signal indicators, dual-frequency sub-meter positioning and RTK cm positioning, a colorful LED ring light to help users quickly identify and locate their scooter ride share.

OKAI ES800: Off-road Performance Electric Scooter

OKAI’s most powerful electric scooter featuring a dual-drive rated at 1000W enables speeds up to 60kmh / 37mph and a 35% incline climb capability. The ES800 utilizes 12-inch off-road tires with front single-fork hydraulic shocks and a double shock absorber at the rear wheel.

OKAI SP10: World’s Smartest Backpack

OKAI’s first smart backpack with an integrated fingerprint sensor and APP connectivity provide content security, an ultraviolet light to disinfect, and battery to keep things charged and on the go.

OKAI SH10: Innovative Smart Helmet

The world’s first smart interactive helmet with anti-bacterial materials. A technology driven Smart Helmet that will help make riding safer, smarter, and more hygienic. It features Bluetooth and APP connectivity to customize and configure the two large front and rear LED display for easy long-distance visibility. With an integrated speaker, riders can enjoy their personal playlists and still have audio awareness of their surroundings to ensure a safe ride.

About OKAI

OKAI is a globally recognized brand on a mission to change urban mobility as we know it. Empowering people everywhere to navigate cities, campuses, and communities in fun, safe and simple ways, OKAI addresses the ‘first and last mile’ problem, manufacturing and retailing world class light electric vehicles that redefine mobility.

Impact your life, not your carbon footprint.
https://okai.co/

To arrange a meeting during CES 2022 from Jan 5-8, 2022 – LVCC (Las Vegas Convention Center) Booth No. 4671, West Hall, please email: contact@okai.co

PR Newswire

EKSA Launches Air Joy Plus Ultralight Nintendo Switch™ Headset

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The EKSA Air Joy Plus gaming headset is a versatile, lightweight, wired gaming headset designed to provide the best mobile and switch gaming experience out there.

Now one can truly game anytime and anywhere.

DENVER, Colo., Dec. 23, 2021 — EKSA is certain to continue to dominate the field with their newly released E3Z Air Joy Plus Ultralight Nintendo Switch™ Headset. Already considered a must-have for Mobile and Switch Gaming. Once again, EKSA presents a product with advanced features:

  • Advanced ENC Technology: With the true power of ENC technology, gamers can incredibly enjoy their game play even in noisy environments, like most commutes.
  • Driver-free 7.1 Surround Sound: The 7.1 surround sound headset is undeniably the best mobile gaming headset on the market. With great surround sound, optimum sound quality, and maximum comfort, the sound of movement and other things from a gaming background can give users an edge over their enemy.
  • 204g Ultra-lightweight Design: Gone are the days when bulky headsets kept gamers from immersing in game play while on-the-go. Ultra-lightweight at just 204g, this mobile gaming headset is extremely convenient to carry anywhere.
  • Soft Large Earmuffs & Adjustable Headband: For a pressure-free fit. This EKSA gaming headset comes with a padded, adjustable headband and soft, breathable earmuffs. Plus, each earmuff is extra-large to avoid putting pressure on the gamer’s ears. Game all-day in total comfort.
  • Multi-platform Compatibility: Compatible with most smartphones, this mobile gaming headset also provides seamless use across multiple platforms including Windows 7/8/10, PC, Laptop, Mac, PS4, PS5, and Nintendo Switch.

Be sure to visit their site and check-out the most advanced Gaming Headsets, Drivers, and accessories. Their goal is to deliver an entirely immersive gaming experience that is so realistic, so comfortable, and so powerful that gamers will forget they are even wearing a headset.

EKSA dominates this market sector by providing gaming headsets and accessories for PC, PS4, Xbox, mobile gaming, and Nintendo Switch, as well as a wide array of headphones, headset stands, and other gaming accessories. EKSA’s mission is innovation for gamers. EKSA brings the latest technology to gamers, offering the most immersive products for the ultimate gaming experience.

For complete information, please visit: https://www.eksa.net/pages/air-joy-plus

PR Newswire

Infinix Integrates World First Shifting Waves Textured Back Cover into Future Device Case Bodies

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SHANGHAI, Dec. 22, 2021 — Infinix, a leading smartphone brand operating in over 40 countries worldwide has once again achieved a world first in futuristic smartphone design language, with the innovative integration of an all-new 3D textured glass back cover. Named Shifting Waves, the back cover brings the flowing waves of majestic sand dunes to the back of your mobile phone proving a satisfyingly tactile sensation and truly stunning aesthetics.

"Representing today‘s youth in emerging markets, Infinix is always on the lookout for fresh & stylish new innovations that improve the smartphone experience. With the Shifting Waves back cover, Infinix aims to empower today‘s youth with new innovative technology that performs exceptionally while looking fantastic, allowing users to express their sense of style through their smartphone," said Manfred Hong, Infinix Mobile Senior Director of Product.

Futuristic Design Language 

Standard smartphones use full-gloss glass or AG matte frosted glass or even cheap plastic for back covers, Infinix breaks out of this mould with fresh, hardworking and stylish designs on their devices so they always stand out from the crowd. Consumers demands and tastes are constantly rising and Infinix raises the bar with every smartphone launch.

To creature the texture, The designer carefully created the look and feel of the 3D textured glass, embossing the shifting waves into the design. The three-dimensional ripple pattern makes the texture pop, allowing the light and shadow to create their own natural gradient, mimicking the soft lights from one sand dune to the next.

Bionic Design

The bionic design of the back cover was inspired by the power of nature and the innovative synthetic glass fiber materials brought about by technological development, based on bionics, are bound to be the future of mobile phone shells due to their durability and flexibility for the textures that can be integrated into the materials.

For more details visit: http://www.infinixmobility.com/

About Infinix:

Infinix Mobile is an emerging smartphone brand that designs, manufactures and markets an expanding portfolio of mobile devices worldwide under the Infinix brand which was founded in 2013. Targeting Generation Z, Infinix focuses on developing cutting-edge technology embodied in meticulously designed mobile devices that offer refined style, power and performance. Infinix devices are trendy, energetic, attainable & progressive with the end-user at the forefront of every step forward.

With "THE FUTURE IS NOW" as its brand essence, Infinix aims to empower today’s youth to stand out from the crowd and show the world who they are & what they stand for.

The company’s portfolio of products is sold in more than 40 countries around the world, covering Africa, Latin America, the Middle East, Southeast Asia, and South Asia. Expanding at a phenomenal rate, Infinix grew an unprecedented 160% during 2018-2020 and has huge plans to continue creating premium designed flagship-level devices offering striking designs and strong value propositions.

For more information, please visit: http://www.infinixmobility.com/

PR Newswire

Not just 108MP: ZEEKER P10 Features a Leading Camera System in Rugged Phones

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PERTH AMBOY, N.J., Dec. 18, 2021 — Cameras have become one of the major selling points for modern-day smartphones, including rugged phones also. Over the past years, there are only 48MP and 64MP cameras on a rugged phone. But now, the new rugged phone brand ZEEKER’s new phone P10 takes the rugged phone photography to the next level, with the new 108MP sensor. And more than that, ZEEKER P10’s video stabilization and IR night vision are also very impressive.

Features of ZEEKER P10
Features of ZEEKER P10

The main camera of ZEEKER P10 uses Samsung’s ISOCELL HM2 108MP sensor, which measures 1/1.52-inch across. The 108MP camera’s larger pixel count allows it to capture more information, compared to 64MP, 48MP, and traditional 12MP cameras. Hence, you get a more detailed image that can be zoomed in digitally or printed on a larger scale without becoming blurry or grainy.

In theory, a large sensor means better light capture. ZEEKER P10’s 108MP camera sensor comes with 1/1.52-inch sensor size. That sounds small, but it’s bigger than the Huawei Mate 30 Pro’s 1/1.7-inch sensor and significantly larger than the 1/2-inch sensor inside the new Blackview BL6000 Pro. 

ZEEKER P10 is the first several phones featuring Super Steady video mode. ZEEKER P10 ensures stable video capture even in extreme conditions, thanks to EIS and the new AI algorithm support. Let’s check out the showcase.

In addition to a 108MP main camera, ZEEKER P10 also includes an 8MP ultra-wide camera, 8MP IR night vision camera and 2MP depth camera. The 8MP IR night vision camera paired with infrared LED can help you capture epic even in a completely dark environment.

For ruggedness, ZEEKER P10 features IP68, IP69K, MIL-STD-810G and claims to support industry-leading 1.8m drop-proof. With a 6.49-inch FHD+ Dot Display protected by CORNING® Gorilla® Glass, the visual experience of the ZEEKER P10 is as just impressive as its durability. Equipped with an octa-core MediaTek Helio G85 processor, 6GB RAM, 128GB internal storage and a massive 6000mAh battery that supports 18W wired fast charging and 15W wireless charging, ZEEKER P10 is a powerhouse for both productivity and entertainment that can keep with today’s digital business and offer uninterrupted gaming experience. In addition, it is compatible with most network providers around the world, ensuring users can stay connected unbounded by location and time.

A Christmas flash deal will be held on ZEEKER Amazon official store on December 19, get the ZEEKER P10 at the best year-end price. Also, visit ZEEKER’s official website to participate in a gift-giveaway to win a chance of getting a free ZEEKER P10.

About ZEEKER
ZEEKER is a global technology brand providing tough yet stylish rugged smartphones and smart hardware for outdoors enthusiasts and frontline workers. Based on the philosophy of "Dare to Explore", fueled by Geek DNA, ZEEKER is dedicated to delivering products that are both rugged and of technological artistry, meeting the needs of users in every situation.

PR Newswire

Coway to Exhibit Smart Home Innovations For Healthier Living at CES 2022, On-site & Virtually

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– The premium line, Cowaymega series, featuring Airmega, and Bidetmega, to be showcased for the North American and European markets

SEOUL, South Korea, Dec. 16, 2021 — Coway Co., Ltd., "The Best Life Solution Company," today announced it will showcase its latest environmental home appliance innovations at the CES 2022 in Las Vegas. Coway invites CES 2022 attendees to come to the Venetian Expo(formerly Sands Expo), booth #52509, or to visit its virtual ‘CES 2022 Coway Brand Site‘ to explore its innovations from the comforts of their home.

Coway Booth at CES 2022
Coway Booth at CES 2022

Hosted by the Consumer Technology Association, CES is the world’s most influential annual tech trade show where exhibitors unveil their latest innovations to the public.

Under the theme We innovate for your better life, Coway is sharing its vision for homes of the future and how next-generation technologies add more convenience to our everyday lives. To offer a glimpse into the future of home technology, Coway will display its innovative water purifiers, air purifiers, and sleep products that elevate how we live.

The exhibition will feature four main zones, ‘Smart Sleep Solution,’ ‘Noble,’ ‘Icon,’ and ‘Airmega.’ Each of these will showcase how Coway’s innovative technologies redefine mattresses, water purifiers, air purifiers, and bidets. The Airmega zone will feature the premium, award-winning lineup of the U.S.-available Cowaymega series, including the Airmega and Bidetmega lines.

Those not in attendance can experience the CES Coway Booth via the ‘CES 2022 Coway Brand Site‘. The digital platform will feature exhibited products, Coway X BTS content, and provide access to on-site events. For press, business partners, and visitors, pre-registration for booth tours and meetings are also available.

"It’s an honor to bring our latest smart home innovations, born from 32 years of water, air, and design expertise, to CES 2022. We hope these will give an insight into the potential of how Coway’s life solutions can shape our future everyday lives," said Kevin Shim, the Head of Marketing at Coway USA.

WHERE: Venetian Expo Booth #52509, and online at ‘CES 2022 Coway Brand Site‘
PRESS KIT: Coway Press Kit(Global), Coway USA Press Kit(USA)

About Coway Co., Ltd.

Established in Korea in 1989, Coway, "The Best Life Solution Company," is a leading environmental home appliances company making people’s lives healthy and comfortable with innovative home appliances such as water purifiers, air purifiers, bidets, and mattresses. Since being founded, Coway has become a leader in the environmental home appliances industry, with intensive research, engineering, development, and customer service. The company has proven dedication to innovation with award-winning products, home health expertise, unrivaled market share, customer satisfaction, and brand recognition. Coway continues to innovate by diversifying product lines and accelerating overseas business in Malaysia, the USA, Thailand, China, Indonesia, Vietnam, Japan, and Europe, based on the business success in Korea. For more information, please visit http://www.coway.com/ or http://newsroom.coway.com.

PR Newswire

SK hynix becomes the Industry’s First to Ship 24Gb DDR5 Samples

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SEOUL, South Korea, Dec. 15, 2021 — SK hynix Inc. (or ‘the Company’, www.skhynix.com) today announced that it has shipped samples of 24 Gigabit (Gb) DDR5* DRAM with the industry’s largest density for a single DRAM chip.

* DDR (Double Data Rate): A comprehensive standard specification defined by JEDEC (Joint Electron Device Engineering Council) and applied to PCs, servers and other applications; currently includes 5 generations of DDR 1-2-3-4-5

** Currently, DDR DRAM offerings mostly come in density of 8Gb or 16Gb, with the highest density of 16Gb

The announcement of SK hynix releasing the industry’s largest density DDR5 chip comes in just 14 months after the Company became the first to release DDR5 DRAM in October 2020, further solidifying the chipmaker’s technological leadership in DDR5.

The new 24Gb DDR5 was produced with the cutting-edge 1anm technology that utilizes EUV process. It has a density of 24Gb per chip, which is up from the existing density of 16Gb in 1ynm DDR5, with improved production efficiency and increased speed by up to 33%.

In addition, SK hynix managed to reduce the product’s power consumption by *25% compared to existing products while lowering energy use in manufacturing through enhanced production efficiency. SK hynix expects the product to bring about reduction in carbon emissions as well, which is meaningful in the context of ESG management.

*Based on system power consumption to support the same module capacity

The initial offerings on this product are set to be 48 Gigabyte (GB) and 96GB modules for supply to cloud data centers. It is also expected to power high-performance servers for big data processing such as artificial intelligence (AI) and machine learning, as well as realizing Metaverse applications among others.

Kevin (Jongwon) Noh, President and Chief Marketing Officer at SK hynix, said, "In line with the release of 24Gb DDR5, SK hynix is closely engaging with a number of customers that provides cloud services. We will continue to strengthen our leadership in growing DDR5 market by introducing advanced technologies and developing products with ESG-awareness."

"Intel and SK Hynix have a long history of strong collaboration," said Carolyn Duran, Vice President of Memory and IO Technologies in Intel’s Data Center and AI Group.  "Today’s announcement is another illustration of our two companies working together to deliver a 24Gb solution to address needs of our mutual customers.  The 24Gb DDR5 offering provides high mono die capacity and will help customers boost performance of memory capacity bound workloads such as data analytics while bringing significant TCO benefits."

SK hynix becomes the Industry`s First to ship 24Gb DDR5 DRAM & 96GB 48GB DRAM Module
SK hynix becomes the Industry`s First to ship 24Gb DDR5 DRAM & 96GB 48GB DRAM Module

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world’s top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), Flash memory chips ("NAND Flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company’s shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

PR Newswire

Australia first to adopt new ecommerce security requirement to combat cybercrime, says Visa

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SYDNEY, Dec. 14, 2021 — Visa, the world’s leader in digital payments, has today announced a new ecommerce security requirement to help Australian businesses combat a growing form of cybercrime and gain over 13,000 hours a year in otherwise lost time trading.[1]

As commerce rapidly moves online, more businesses are being targeted with enumeration attacks, the criminal practice where fraudsters use automation to test and guess payment credentials such as Primary Account Number (PAN), card verification value (CVV2), expiration date and post code, which can then be used in fraudulent transactions. It is the rising use of botnets – which are networks of hijacked computer devices – that are being used to carry out and scale these attacks.

In response to the size of the threat, and as part of its new Australian Security Roadmap 2021-2023 launched today, Visa has introduced a new requirement for ecommerce payment providers in Australia to ensure they invest in botnet detection capabilities to identify and prevent enumeration attacks, by October 2022.

"Australia is the first country in which we are making botnet detection capabilities a requirement, owing to the growth in attacks we’ve seen in the past 12-18 months," said Joe Cunningham, Visa’s Head of Risk for Asia Pacific.

"Botnet detection is now critical in protecting sellers from malicious cyber-attacks and we will work together with a seller’s acquiring bank or payments gateway to ensure that whichever entity is closest to their online checkout page has the right controls in place. It’s a whole-of-ecosystem effort," he said.

Controls for botnet detection include restricting the number of transactions that can be processed by the merchant from a single card per minute, scanning for anomalies in shopping cart data, blocking accounts after a certain number of login attempts and CAPTCHAs[2] , which are tasks that are designed to be easy for humans and difficult for bots.

According to new research commissioned by Visa and conducted by YouGov, while nearly half (45%) of Australian consumers find CAPTCHA-style tools annoying when they shop online, over three quarters (76%) are supportive of merchants using the technology if it means keeping their online payments secure. In fact, more than half (53%) of Australian consumers have abandoned their shopping cart due to concerns their payments were not secure.

"The way Australians choose to shop is changing, and so is the nature of fraud, which means it’s vital sellers are ready. Investing in online security capabilities is the best way for businesses to protect against attacks that could damage their brand and customer experience, or even take them offline," added Julian Potter, Visa’s Group Country Manager, Australia, New Zealand and South Pacific.

With a team of over 850 cybersecurity specialists, Visa provides 24/7, real-time fraud detection and mitigation, analysing millions of transactions everyday for known and emerging threats. Visa’s artificial Intelligence (AI) powered technology is able to spot patterns in data otherwise undetectable by humans to identify enumeration patterns and alert affected financial institutions and merchants before fraudulent transactions begin.

Visa’s new Security Roadmap highlights the steps Visa will be taking across six key areas to continue to secure digital payments in Australia, including:

  • Preventing enumeration attacks through new ecommerce requirements
  • Driving adoption of secure technologies
  • Securing digital first payment experiences, including contactless ATM access
  • Enhancing the cybersecurity posture of ecosystem participants
  • Preventing Australian consumers and businesses from becoming victims of scams
  • Ensuring ecosystem resilience through real-time artificial intelligence solutions

Visa continues to publish up to date best practices for merchants on what they can do to guard against cybercrime, as well as some guidance on what issuers of Visa credentials can do to reduce the impact of enumeration.

About Visa Inc.

Visa Inc. (NYSE: V) is the world’s leader in digital payments. Our mission is to connect the world through the most innovative, reliable and secure payment network – enabling individuals, businesses and economies to thrive. Our advanced global processing network, VisaNet, provides secure and reliable payments around the world, and is capable of handling more than 65,000 transaction messages a second. The company’s relentless focus on innovation is a catalyst for the rapid growth of digital commerce on any device for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network and scale to reshape the future of commerce. For more information, visit About Visa, visa.com/blog and @VisaNews

[1] The number of hours online sellers in Australia could have lost based on total merchants impacted by enumeration attacks in twelve months from July 2020 to June 2021, Visa Risk Operations Centre

[2] CAPTCHA (Completely Automated Public Turing test to tell Computers and Humans Apart)