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CCTV+: China-Africa Media Cooperation under the concept of “Sincerity, Real Results, Amity and Good Faith”

BEIJING, Nov. 16, 2022 /PRNewswire/ — The 6th Africa Link Union (ALU) Annual Meeting was held in Beijing on Monday, gathering 26 media representatives from 19 countries and regions to help strengthen media cooperation between China and Africa.

A group photo of media representatives.
A group photo of media representatives.

Hosted by the CCTV Video News Agency (CCTV+), participants shared their views on how to deepen collaboration under the theme of “Sincerity, Real Results, Amity and Good Faith, Strengthening China-Africa Media Cooperation”.

In his opening address, Mr. Teng Yunping, president of CCTV+, gave a warm welcome to attendees from across the African continent and said ChinaAfrica media cooperation has played an essential role in furthering relations between the two sides.

“The working mechanism of the ALU has brought us closer and closer, and has also built a bridge for people-to-people connections in terms of media communications between China and Africa,” said Teng, adding that the ALU has made positive contributions to the comprehensive development of ChinaAfrica relations.

The meeting also saw the signing of the Cooperation Agreement on AMSP (All Media Service Platform) between Teng Yunping, CCTV+ president, and Ousman Abdelmoumine Bechir, CEO of Tchad 24.

Mr. Teng Yunping signed the Cooperation Agreement on AMSP with the CEO of Tchad 24.
Mr. Teng Yunping signed the Cooperation Agreement on AMSP with the CEO of Tchad 24.

Ms. Song Jianing, Deputy Director of the China Global Television Network (CGTN), said: “For better aggregating the news content of the world’s main media and creating effective in-depth diversified international cooperative media in the long-term, CGTN is willing to provide African media partners with more media public products in the future, and to conduct closer exchanges and cooperation.”

“CCTV plus has become a significant source of news content for our station,” said Ms. Susan Ng‘ong’a, Chief Executive Officer of Kenyan broadcaster Switch TV.

“Switch media looks to further build alliances within the African Link Union through creating a world class product of professional news content and strengthening the partnership for years to come,” she said.

“Thanks to the China Media Group, CGTN, CCTV+ for the collaboration. We have learned from you, we have adapted to new working methods such as the AMSP platform for example,” said Mr. Martin Ngningaye, Chief Executive Officer of Afrique Média from Cameroon. He said the exchanges of audiovisual content have allowed audiences to discover the truth about China and learn more about the splendor, cultural diversity and tourism sites in the respective countries, and especially to realize the neutrality and rigor in the processing of information.

Media representatives also shared their opinions on covering significant international events and their future plans for Chinese and African media cooperation after the 20th National Congress of the Communist Party of China (CPC), as well as further development of the ALU at the meeting.

The event also saw the winners of the ALU News Awards from 2021 to 2022 being announced, honoring members that have made outstanding contributions to the development of the cooperation platform over the past year.

The ALU was initiated by CCTV+ and media organizations across Africa in 2016, aiming to promote media cooperation and exchanges between China and Africa.

PBTS Announces Receipt of NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency

ZHUHAI, China, Nov. 12, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (“Powerbridge” or “the “Company“) (NASDAQ: PBTS), a provider of multi-industry technology solutions,  announced that it has received a notification letter (the “Notification Letter“) from the Nasdaq Stock Market LLC (the “NASDAQ“) dated November 7, 2022, notifying the Company that it is not in compliance with the minimum bid price requirement as set forth under NASDAQ Listing Rule 5550(a)(2) for continued listing on the NASDAQ. This press release is issued pursuant to NASDAQ Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification.

NASDAQ Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the closing bid price of the Company’s ordinary shares for the 30 consecutive business days from September 26, 2022 to November 4, 2022, the Company no longer meets the minimum bid price requirement.

In accordance with the NASDAQ Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days, or until May 8, 2023, to regain compliance with NASDAQ Listing Rule 5550(a)(2). To regain compliance, the Company’s ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive trading days. In the event that the Company does not regain compliance by May 8, 2023, the Company may be eligible for additional time to regain compliance or may face delisting.

The receipt of the Notification Letter has no immediate effect on the listing of the Company’s common shares, which will continue to trade uninterrupted on NASDAQ under the ticker “PBTS”. To address this issue, the Company intends to continuously monitor its closing bid price and is in the process of considering various measures to improve its financial position and results of operations, which the Company expects to countervail the short-term adverse effects on its trading price and cure the deficiency in due time.

About Powerbridge

Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a provider of multi-industry technology solutions: software applications and services for the global trade industry, IoT platform services as well as intelligent fixtures and devices for smart city operations, supply chain platforms and social livestreaming services for the retail industry, metaverse and smart solutions for the travel and leisure industry, as well as cryptomining and digital asset operations. For more information, visit www.powerbridge.com/ir/.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may”, “will”, “intend”, “should”, “believe”, “expect”, “anticipate”, “project”, “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China, uncertainty due to the COVID-19 pandemic and the impact it has had and will continue to have on its operations, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities Exchange Commission (“SEC“). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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Source: Powerbridge Technologies Co., Ltd.

Qingdao has Built Itself into a Pioneer City with Modern Industries and Continuously Enhanced its Economy, Innovation and Competitiveness


QINGDAO, China, Nov. 12, 2022 /PRNewswire/ — According to Qingdao’s “Five-Year Plan for Building a Pioneer City with Modern Industries (2022-2026)”, Qingdao will focus on accelerating the construction of modern industrial system, integrating development of digital transformation, industrial ecological cultivation and construction, and cleanness, safety, energy-saving and efficiency “Four at the Forefront” by building “industrial cultivation highland, digital empowerment model, collaborative development benchmark, and green and low-carbon pioneer”. Qingdao strives to increase the proportion of manufacturing added value in regional GDP to more than 30%, and the added value of productive services to 62% of the added value of service industry by 2026; The added value of the core industries of the digital economy shall account for 12% of the regional GDP, and the penetration rate of industrial Internet platforms shall reach 50%.

Fuxing trains
Fuxing trains

At present, focusing on the goal of building a pioneer city with modern industries, Qingdao is making all-round efforts. Both in terms of industrial structure and the underlying logic of industrial development are undergoing earth-shaking changes. On September 22, the “Several Policies on Qingdao Virtual Reality Industrial Park Development” were officially released at the 2022 International Virtual Reality Innovation Conference. According to the policies, Qingdao municipal and district finances will allocate more than 1.2 billion yuan in the next three years to support the construction of Qingdao virtual reality industrial park and enterprise cultivation, so as to accelerate the pooling of industrial resources and help Qingdao build a domestic first-class, globally competitive R&D and manufacturing highland of the virtual reality industry.

Data-driven manufacturing is changing the development logic of the manufacturing industry and becoming a new driving force leading the future development of the manufacturing industry. At the end of September, the first functional module of the first phase of the Project National Industrial Internet Big Data Shandong Branch – the digital transformation service platform for small and medium-sized enterprises, was launched for trial operation. The platform provides policy services, digital factories, small enterprises on the cloud, industrial services and other functions, whereby more than 90% of the services will be provided to enterprises without any charges, helping small and medium-sized industrial enterprises in Qingdao and Shandong Province to accelerate its pace of digital transformation.

Qingdao vigorously promotes the transformation of enterprise industrial Internet, implements special actions for digital empowerment in key areas, accelerates the construction of new information and communication infrastructures such as 5G networks, gigabit optical fiber networks, and data centers, and supports the development of “double-crossed” platforms represented by COSMOPlat, as well as platforms in specific industries and industrial Internet demonstration parks, to create a good environment for the digital transformation of enterprises.

Contact: Ms Zhu Yiling
Tel: 0086-532-85911619
Official website: http://www.qingdaochina.org
Facebook page: https://www.facebook.com/qingdaocity
Twitter page: https://twitter.com/loveqingdao

Hisense (Shandong) Home Appliance Industrial Park
Hisense (Shandong) Home Appliance Industrial Park

Yangtze finless porpoise: Protecting China’s ‘Smiling Angel’

BEIJING, Nov. 11, 2022 /PRNewswire/ — A news report from China.org.cn on China’s efforts to protect Yangtze finless porpoise:

https://www.youtube.com/watch?v=OeeZpJbI6zk

In a recent poll, netizens voted to name a rare Yangtze finless porpoise. Efforts to protect this endangered species have shown promising signs in China during the past few years.

Recently, an online poll was held to choose a name for a Yangtze finless porpoise code-named “YYc.” After the voting concluded, a team of experts selected “Hanbao” from the most popular replies, which has the same pronunciation as “hamburger” in Chinese. The name really suits it since the calf’s chubby body is just like a hamburger. Moreover it was born in Wuhan, central China’s Hubei province. “Hanbao” means “Wuhan’s treasure” in Chinese.

Hanbao is indeed a treasure.

The 2-year-old male calf is China’s first artificially-bred second-generation Yangtze finless porpoise. Its father Taotao is the world’s first Yangtze finless porpoise to be bred naturally in an artificial environment.

The breeding of Hanbao shows that Yangtze finless porpoises born in an artificial environment can produce offspring, marking a breakthrough and a new stage in the artificial breeding of the species.

But why has such a little porpoise drawn so much attention?

Because it’s undoubtedly cute, but also critically endangered.

According to data and scientific surveys, from 1992 to 2012, the number of Yangtze finless porpoises, an iconic species of the Yangtze River, plummeted from about 2,700 to around 1,040.

The decreasing speed is shocking. If protection is not strengthened, the endangered mammal is very likely to suffer the same fate as the baiji dolphin, nicknamed the “Goddess of the Yangtze River,” which is now considered functionally extinct.

To conserve the “Smiling Angel,” affectionately named for its mouth fixed in a permanent grin, over the past decade, China has imposed a 10-year fishing ban in the Yangtze, enacted the Yangtze River Protection Law, and launched the Yangtze River Finless Porpoises Rescue Action Plan (2016-2025). Efforts have also been stepped up in research and practice through on-site conservation, ex-situ conservation, and artificial breeding and reproduction.

Fortunately, the protection work has delivered encouraging results. The rate of decline has slowed significantly and bottomed out around 2017. One year after the fishing ban was implemented in 2021, a population survey showed positive momentum, with nearby residents reporting seeing “more and plumper Yangtze finless porpoises.” The aquatic animals can often be seen swimming in groups, with calves cuddling up to their mothers. At conservation reserves along the Yangtze River in Hubei, the number of the porpoises has increased from the original five to 150. Four artificially-bred Yangtze finless porpoises including Taotao have grown up healthily.

These achievements can be attributed to the joint efforts of the government, research institutions and the general public. However, despite the enhanced protection, we still have a long way to go in helping the species to recover. Various problems still need to be addressed, such as unattended areas in on-site conservation and the risk of complete failure of ex-situ conservation.

In the next 10 years, 20 years, 100 years… the conservation efforts cannot and will not stop, so that future generations can see a large number of finless porpoises navigate the clear waters of the Yangtze.

China Mosaic

http://www.china.org.cn/video/node_7230027.htm

Yangtze finless porpoise: Protecting China’s ‘Smiling Angel’

http://chinamosaic.china.com.cn/2022-11/11/content_78513611.htm

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INDUSTRY INNOVATION: AI SMILE Smart Tracking Case debut worldwide developed by Weiyun AI & Robotics Group

SHANGHAI, Nov. 11, 2022 /PRNewswire/ — In last few decades, experts have been constantly discussing the future trend of AI application in medical scenarios: how to use AI as the underlying technology but actually transform the medical experiences of every individuals? Recently, Weiyun AI & Robotics Group, an internationally renowned industrial AI group company, once again got a full mark in the industry by launching its self-developed AI SMILE Smart Tracking Case, which changes the way of the communication between dentists and patients, greatly improves the patient’s compliance and medical effects, bringing the new proposal for the future possibilities of AI application in medical treatment, which will accelerate the trend of medical AI to the next level worldwide.

AI SMILE Smart Tracking Case released in Singapore
AI SMILE Smart Tracking Case released in Singapore

NEW AI PRACTICE: Global Debut in Asia, North America and Africa

The world’s first AI SMILE Smart Tracking Case was self researched and developed by Weiyun scientific team. As the first pioneer intelligent hardware customized for invisible orthodontic users in the whole market, it integrates the functions of treatment tracking, wearing reminder, cycle recording, locating and data synchronizing. The intelligent device is designed to connect with AI SMILE APP, enables customers track their orthodontic treatment progress, reminds them to wear the aligners on time,thereby improves patient compliance and healing experience and serves the patient’s daily life scenarios of orthodontics. This innovative design that breaks the stereotype makes the case no longer only has the function of storing braces, but an intelligent device that connects dentists and patients, creating a precedent for medical AI terminal, giving the inspiration of new AI practice to the global industry, and meaning something epoch-making.

Obviously, the pioneering innovation of AI practice by Weiyun once again captured the eyes of the world. The debut of AI SMILE Tracking Case covers Asia, North America and Africa, with many interests and positive feedback received from the global market. Citing a senior medical analyst in the United States, “There is no doubt that, with the opening of a new round of global medical AI reshuffle, the core technological advantages of Weiyun have become more and more remarkable, and its wide acclaim in the international market has laid a solid foundation for its future market volume in those regions.”

APPLICATION VALUES: The Change in Medical Treatment Experience

In the process of chronic disease management, the patient’s compliance with doctor’s advice often affects the final cure effect in a large extent. For orthodontic patients, during the process of treatment, there are common problems such as easy loss of braces, difficulty in maintaining and developing wearing habits, and uncertainty in the treatment process, which might lead to frequent revisions of the orthodontic plan and even restarting it. The AI SMILE Smart Tracking Case, independently developed by Weiyun R&D team, can be bound to the AI SMILE user APP and the doctor’s platform. The customized treatment plan made by the dentist for the patients and actual progress can be seen in real time. Meanwhile, doctor can remind them to wear the braces on time to improve their compliance and the orthodontic effect; in addition, its own considerate locating function can effectively avoid the loss of the braces, and become an inseparable orthodontic partner. In medical scenarios, as the first smart terminal, AI SMILE Smart Tracking Case can be linked to the cloud for case tracking and stage managing, assisting dentists in formulating more accurate follow-up treatment plans, and guaranteeing the orthodontic effects.

FUTURE OUTLOOK: The Exploration of Medical AI by Constant Technology Practices

With the core technology of artificial intelligence, robots and machine vision, Weiyun AI remain its frequent technology updates and the pioneer status in the industry. In this year, it had launched AI SMILE orthodontic treatment planning system Venus1.0, AI SMILE Intra-oral Scanner S4 and many other scientific and technological products that promote the development of the field of oral medical AI, and also won the German Red Dot Design Award, the honorary invitation of AAO, the FDA certification and many other honors and recognitions from the industry. The successful launch of the AI SMILE Smart Tracking Case is expected to change the way and concept of therapeutic process management, bringing a brand new orthodontic experience to consumers around the world. With the continuous innovation of Weiyun in the future, adhering to the product concept of “technology redefines life”, Weiyun will continue to lead the industry by its AI technology, offer new possibilities and provide patients with a better therapeutic experience.

In the era of coexistence of opportunities and challenges,to be one of the aspirational and invincible pioneers is crucial to survive in today’s constant rat races. Obviously, Weiyun, which continues to practice intelligent manufacturing in the field of medical AI, has been a pioneer that dares to think and act, turning more ideas into the possibility, and expected to transform the industry and even everyone’s life by its technology advances.

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Edianyun updates its prospectus with its subscribing customers increased to 40,000

BEIJING, Nov. 11, 2022 /PRNewswire/ — As disclosed by Hong Kong Stock Exchange on September 9, Edianyun submitted its listing application to the Main Board of the Hong Kong Stock Exchange again, with CICC as its sole sponsor. According to the updated prospectus, as of June 30, 2022, Edianyun had approximately 40,000 subscribing enterprise customers and approximately 1.1 million devices under subscription.

Now, the subscription of office IT devices and managed IT services are overwhelmingly affecting the traditional IT purchasing and operation & maintenance mode of enterprises along with the Internet development and urgent digital transformation need.

In short, through subscription of office IT services, enterprises don’t need to purchase IT devices themselves, instead, suppliers provide them with devices as required; and under the managed IT service mode, service providers offer one-stop IT service for customers, solve the IT-related issues for enterprises, which relieves enterprises from the burden of hiring webmaster and IT operation & maintenance personnel. Is the one-stop IT service reliable?

Edianyun’s data is best answer: The company has 40,000 SMEs customers, with its customer increase rate of about 30% for three consecutive years. In the first half of 2022, its customer retention reached 120%.

In just 8 years since its establishment, how did Edianyun accumulate 40,000 customers?

Compared with some “fast food” brands who prefer the fancy marketing approaches, Edianyun is more like a simple or even “dull” science geek who is doing deep-dive research and growing steadily.

Instead of chasing after scale expansion and rapid growth, it pays more attention to self-development.

Edianyun takes the lead in providing office IT integrated solution which composing IT devices pre-installed with operating systems, selected software including, but not limited to, office suite, drivers and anti-virus programs, and its self-developed office IT management tools such as printer auto-configuration programs.

Its integrated solution is just like the “auto focus camera”, with higher tech level and simpler operation. Customers can directly use the computers provided by Edianyun, releasing them from installation and operation troubles. After customers place orders, Edianyun’s one-stop IT service starts immediately, covering delivery and installation of all devices, regular inspections and maintenance throughout life cycle, and even data transfer, backup and wiping out.

Edianyun provides customers with two-hour door-to-door on-site service, and 24/7 remote support by its expert engineers. Its response speed is ten times the market average, and its problem solving rate even exceeds that of enterprises allocated with IT operation and maintenance personnel. The more complex the enterprise customers’ needs become, the more obvious the Edianyun’s advantages are. Therefore, Edianyun continuously increases its customers’ stickiness.

As of December 31, 2019, 2020 and 2021, and June 30, 2022, we had approximately 21,000, 28,000, 38,000 and 40,000 subscribing enterprise customers, respectively.

After 8 years of development, Edianyun has become the first and largest office IT integrated solution provider in China in terms of revenue, number of devices under service, and remanufacturing capacity. In 2021, it had a market share of 0.6% in the enterprise office IT service industry, and a market share of 19.6% in the office IT integrated solution market.

“Along with the sound momentum of China’s economy and the fiercer competition among enterprises, enterprises should attach greater importance to its main business and follow the trend of outsourcing all their non-core business.” And Edianyun firmly follows this logic in determining its business model.

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LUMEN TECHNOLOGIES LAUNCHES ITS FIRST EDGE COMPUTING SOLUTION FOR ASIA PACIFIC


Businesses can significantly reduce latency and maximise security and performance with Lumen Edge Bare Metal services

SINGAPORE, Nov. 7, 2022 /PRNewswire/ — Lumen Technologies (“Lumen”), a leading global provider of high-speed edge computing platforms and solutions, launched its Edge Bare Metal services for the Asia Pacific (“APAC”) market. The move marks the company’s continued investment in its edge infrastructure and suite of services for the region, supporting enterprise innovations and data-intensive applications of the 4th Industrial Revolution.

Lumen Edge Bare Metal
Lumen Edge Bare Metal

Lumen Edge Bare Metal offers dedicated, pay-as-you-go server hardware hosted in distributed locations, connected to the Lumen global fibre network. It delivers exceptional application performance from running on edge nodes designed for 5 milliseconds or less latency over the Lumen fibre network, as well as enhanced security and connectivity designed to isolate and protect data. With the ability to run applications and workloads on a unified platform, customers can focus on developing applications rather than on time-consuming infrastructure deployment.

The service will leverage edge locations in Japan and Singapore, as well as Lumen’s highly connected network in APAC.

“We are excited to bring our edge computing solutions to the fast-growing APAC market. So much here is leading-edge. The region has a strong presence of enterprise customers using blockchain technologies to drive innovation. APAC customers across key industries such as retail, manufacturing and financial services can now deploy applications and workloads that demand ultra-low latency at the edge. Our Lumen services deliver efficient and reliable operations that can keep this momentum going,” said Francis Thangasamy, managing director, Lumen Technologies APAC.

The Lumen Edge Bare Metal service’s first deployment in APAC took place in Singapore and Japan – namely, for a global blockchain nonprofit organisation. Using Lumen’s service, the global blockchain nonprofit can provide high-speed edge computing infrastructure for node operations and developers on its network, supporting its global community of blockchain validators, as well as application programming interface providers and developers.

Other existing solutions within the portfolio in the region include Lumen Edge Private Cloud, which provides pre-built infrastructure for high-performance private cloud computing connected to the Lumen global fibre network. The Lumen network is one of the largest, most deeply connected networks in the world spanning 643,000 global route kilometers of fibre, including subsea cable networks.

For more information, visit lumen.com/edge.

About Lumen Technologies

Lumen is guided by our belief that humanity is at its best when technology advances the way we live and work. With approximately 400,000 route fibre miles and serving customers in more than 60 countries, we deliver the fastest, most secure platform for applications and data to help businesses, government and communities deliver amazing experiences. Learn more about the Lumen network, edge cloud, security, communication and collaboration solutions and our purpose to further human progress through technology at news.lumen.com/home, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks in the United States.  

Qualcomm Earnings Release Available on Company’s Investor Relations Website

SAN DIEGO, Nov. 3, 2022 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company’s financial results for its fourth quarter and fiscal 2022 through an earnings release that is available on the Qualcomm Investor Relations website at http://investor.qualcomm.com/results.cfm. The earnings release will be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K and will be available on the SEC website at http://www.sec.gov.

As previously announced, Qualcomm will host a conference call to discuss its fourth quarter and fiscal 2022 results which will be broadcast live on November 2, 2022, beginning at 1:45 p.m. Pacific Time (PT) at http://investor.qualcomm.com/events.cfm. An audio replay will be available at http://investor.qualcomm.com/events.cfm and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international callers may dial (201) 612-7415. Callers should use reservation number 13733389.       

About Qualcomm
Qualcomm is the world’s leading wireless technology innovator and the driving force behind the development, launch and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business. For more information, visit www.qualcomm.com.

Qualcomm Contact:
Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com

HGC, AMS-IX and IGC launch a new Internet Exchange in Bangkok Thailand

HONG KONG, Nov. 2, 2022 /PRNewswire/ — HGC Global Communications Limited (HGC), a fully-fledged ICT service provider and network operator with extensive global coverage, AMS-IX (Amsterdam Internet Exchange), the world leading Internet Exchange (IX), and International Gateway Company Limited (IGC), a neutral regional telecommunication and network service provider, today announce the launch of a new IX, AMS-IX Bangkok, in Thailand as part of AMS-IX strategy to implement IX’s in various key locations in Asia.

Thailand is a fast developing and important Asian Internet hub and one of the prime locations where Internet companies exchange Internet traffic besides Singapore and Hong Kong. The new Internet Exchange located at Bangkok, which is the hub and gateway of the Greater Mekong Subregion (GMS), will improve the quality of Internet connections of companies such as content providers, gaming, OTTs, cloud service providers and internet service providers and aims to build a thriving digital community.

Customers connected to the new Internet Exchange will benefit from lower operation costs and enhanced connectivity and redundancy as well as lower latency. Nearly 250 million eyeballs in this subcontinent of GMS including Cambodia, Myanmar, Laos, Vietnam, and Thailand can now enjoy an uplifted online experience.

By adding another IXP, HGC and AMS-IX, with the support of IGC, have further increased their global footprint and improved the connectivity in Asia. Next to Bangkok, HGC also partners with AMS-IX in Singapore, Hong Kong, Bay Area and Chicago. HGC will continue to serve as a commercial partner and marketing arm for AMS-IX Bangkok, while IGC provides IX infrastructure, network, and operation in Bangkok. AMS-IX, with their expertise on peering and network monitoring, will give technical support and has operational management of the exchange.

“Being an early entrant into the Thailand market, we feel honored to gain penetration into the Greater Mekong Subregion with our renowned partner – AMS-IX. This is a rite of passage for the enhancement of the HGC edgeX brand to be positioned as a premium leader in engaging the internet exchange business to contribute to a better interconnection ecosystem which is dependent on the fast development of digital transformation. We hope to have promoted access to a digitalized world by localizing traffic in this growing market.”, said, Mr. Chirawat Mahawat, Vice President Greater Mekong Subregion of HGC.

Bangkok is strategically located at the heart of Southeast Asia which makes it ideal as an international hub for exchanging Internet traffic and a perfect location as a gateway to the GMS. There are over 54 million Internet users in Thailand, representing 80 percent of the population, and this number is still rising rapidly.  As AMS-IX we’re happy to collaborate with our partners, HGC and IGC, to bring fruit to our mission of increasing the quality of the Internet worldwide by developing and building Internet Exchanges.”, said, Mr. Onno Bos, International Partnership Director of AMS-IX.

“With reference to the announcement from the Thai government on being ASEAN DIGITAL HUB, we are delighted to be part of the introduction of AMS-IX to Thailand which will foster to achieve such digital transformation policy. The customers will experience better Internet services in term of lower latency, better accessibility to more variety of contents. By having AMS-IX operating in Thailand, together with IGC’s IX and network infrastructure in Thailand, it will be a key magnet to strengthen the Thai government policy. Certainly, the digital ecosystem, such as content providers, OTT, ISP and end users will gain much better service experiences and encouraging their sustainable eyeballs.” Mr. Pichit Satapattayanont, Chief Executive Officer of IGC said.

From Left to Right: Chirawat Mahawat, Vice President Greater Mekong Subregion of HGC; Onno Bos, International Partnership Director of AMS-IX; Pichit Satapattayanont, Chief Executive Officer of IGC

About HGC Global Communications Limited

HGC Global Communications Limited (HGC) is a leading Hong Kong and international telecom operator and ICT solution provider. The company owns an extensive network and infrastructure in Hong Kong and overseas and provides various kinds of services. HGC has 30 overseas offices, with business over 5 continents. It provides telecom infrastructure service to other operators and serves as a service provider to corporate and households. The company provides full-fledged telecom, data centre services, ICT solutions and broadband services for local, overseas, corporate, SME and mass markets. HGC owns and operates an extensive fibre-optic network, five cross-border telecom routes integrated into tier-one telecom operators in mainland China and connects with hundreds of world-class international telecom operators. HGC is one of Hong Kong’s largest Wi-Fi service providers, running over 29,000 Wi-Fi hotspots in Hong Kong. The company is committed to further investing and enriching its current infrastructure and, in parallel, adding on top the latest technologies and developing its infrastructure services and solutions. In 2019, HGC Group completed the acquisition of Macroview Telecom Limited (Macroview), a leading digital technology solution and managed services provider. The addition of Macroview further accelerates HGC Group’s digital transformation path and positioning as a pioneering ICT and digital services leader. HGC is a portfolio company of I Squared Capital, an independent global infrastructure investment manager focusing on energy, utilities and transport in North America, Europe and selected fast-growing economies.

To learn more, please visit HGC’s website at: www.hgc.com.hk 

About AMS-IX

AMS-IX (Amsterdam Internet Exchange) is a neutral member-based association that operates multiple interconnection platforms around the world. Our leading platform in Amsterdam has been playing a crucial role at the core of the internet for more than 25 years and is one of the largest hubs for internet traffic in the world with over 11 Terabits per second (Tbps) of peak traffic. Connecting to AMS-IX ensures customers such as internet service providers, telecom companies and cloud providers that their global IP traffic is routed in an efficient, fast, secure, stable and cost-effective way. This allows them to offer low latency and engaging online experiences for end-users. AMS-IX interconnects more than 1000 IP-networks in the world.

AMS-IX also manages the world’s first mobile peering points: the Global Roaming Exchange (GRX), the Mobile Data Exchange (MDX) and the Internetwork Packet Exchange (I-IPX) interconnection points.

More information: www.ams-ix.net

About International Gateway Company Limited

International Gateway Company Limited or IGC is a subsidiary of ALT Telecom Plc., a neutral regional telecommunication and network service provider.  IGC was established in year 2017 to provide wholesale bandwidth for both domestic and international traffic via SRT (State Railway of Thailand) and its nationwide network (so-called GMS network) which has totally about 12,000 km of nationwide-optical fiber network and owns NNI (Network to Network Interface) for 15 Crossing Borders to connect with 24 operators surrounding Thailand and extended connectivity to more than 10 well-known data center in Thailand. Moreover, the Open Access License with 5 CLSs (Cable Landing Station) which located in the most strategic locations for the Submarine Business in Thailand. With Submarine cable network it will allow IGC to play a major role in the Eastern Economic Corridor Project and bridge the Submarine traffic to the GMS Terrestrial network.

Visit us online at www.intergateway.co.th and connect us on LinkedIn: International Gateway(IGC)

Global Maritime SATCOM Services Growth to be Boosted by Smart Shipping

Rising demand for broadband connectivity among customers and crew members drives several segments of the maritime industry to adopt SATCOM services

SAN ANTONIO, Oct. 31, 2022 /PRNewswire/ — Customers’ and crew members’ rising demand for broadband connectivity drives many segments of the maritime industry to adopt SATCOM services, according to Frost & Sullivan’s recent analysis, Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services. Vessel and ship digitalization, automation, and smart shipping trends further fuel the need for increased connectivity at sea. Due to this, the SATCOM market is expected to reach $2.84 billion by 2030 from $2.44 billion in 2021, an uptick at a compound annual growth rate (CAGR) of 1.7%.

Frost_Sullivan_SATCOM_Maritime_Services
Frost_Sullivan_SATCOM_Maritime_Services

For further information on this analysis, please click here.

“The construction of NGSO (non-geostationary orbit) satellite constellations by market participants to offer services to the maritime industry is changing the dynamics of the maritime SATCOM sector,” said Ehrar Ahamed Shariff, Aerospace & Defense Research Analyst at Frost & Sullivan. “This trend will benefit maritime customers during the next three to five years by providing greater bandwidth, low-latency connectivity, and more SATCOM options.”

Shariff added: “Digitalization is essential for crew connectivity, safety, performance monitoring, and operational efficiency for connected ships and vessels. Further, advancement in maritime SATCOM will enable fifth-generation (5G) coverage at sea, providing ubiquity, lowering the cost of maritime SATCOM service, and improving the value proposition of very-small-aperture terminal (VSAT) services in the maritime sector.”

To reap the benefits of the expanding maritime SATCOM industry, market participants should:

  • Investigate the connectivity needs and spending capabilities of fleet operators, cruise charters, and ship owners to provide tailored SATCOM services that meet their needs while staying within budget.
  • Develop terminals and custom solutions for the marine industry by leveraging their partnership with NGSO and network operators.
  • Consider strategic partnerships and acquire ICT companies that can analyze marine data and cybersecurity companies that can help secure their services.

Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services is the latest addition to Frost & Sullivan’s Aerospace & Defense research and analyses available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.

About Frost & Sullivan

For over six decades, Frost & Sullivan has helped build sustainable growth strategies for Fortune 1000 companies, governments, and investors. We apply actionable insights to navigate economic changes, identify disruptive technologies, and formulate new business models to create a stream of innovative growth opportunities that drive future success. Contact us: Start the discussion

Growth Opportunities in Global Maritime Satellite Communication (SATCOM) Services

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Contact:

María Celeste Bailo

Corporate Communications

E: celeste.bailo@frost.com

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