BLUETTI Welcomes Rugby League Superstar Latrell Mitchell as New Brand Ambassador

SYDNEY, AU, Aug 10, 2023 – (ACN Newswire) – BLUETTI, a leading provider of portable energy solutions, has proudly announced its partnership with renowned rugby league superstar, Latrell Mitchell, sparking excitement with the release of their collaborative video. This dynamic alliance aims to empower everyone to live life to the fullest without compromise, while promoting a more sustainable lifestyle.


Unveiling the "Recharge, Rebuild, Return" theme, the video showcases Latrell Mitchell's inspiring journey, highlighting the challenges and triumphs he faced throughout his sports career. Amidst hamstring injuries, Latrell finds solace at Winmarra Farm, where BLUETTI power generators fuel his off-grid activities. Immersed in nature, he enjoys family moments and recharges himself to bounce back stronger. This partnership underscores BLUETTI's mission to empower individuals and communities with robust power solutions, enabling them to push their boundaries.

"We are thrilled to collaborate with Latrell Mitchell, an exceptional athlete and an inspiration to millions. Latrell's relentless pursuit of greatness perfectly aligns with our vision of empowering those who lead an active lifestyle. Together, we will create a positive impact, championing sustainable energy solutions for a brighter future." James Ray, a spokesperson for BLUETTI expressed their excitement about the partnership.

BLUETTI and Latrell Mitchell are natural partners, both deeply committed to greatness and advocating for sustainable living. This partnership signifies a harmonious fusion of technology and sports, emphasizing the power of collective efforts in driving sustainable development.

In expressing his delight at becoming a partner of BLUETTI, Latrell Mitchell said: "As I power through life's challenges on and off the field, I'm electrified to join BLUETTI as their ambassador – charging ahead to inspire a brighter, sustainable future for all!"

About BLUETTI

BLUETTI is a pioneer in the energy storage industry. By offering eco-friendly energy storage solutions for both indoor and outdoor use, BLUETTI has expanded its reach to over 100 countries and gained the trust of millions of customers worldwide.

About Latrell Mitchell

Latrell Mitchell, a highly respected figure in the world of rugby league, not only excels in his athletic pursuits but also embodies the spirit of sportsmanship and promotes sustainable living.

CONTACT:
Name: Amanda Yan
Email: pr@bluetti.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

World AI Show Unleashes AI-Powered Digital Transformation

Trescon successfully organized the 42nd edition of the World AI Show, a global platform spotlighting cutting-edge trends in enterprise AI solutions. Held on 2-3 August 2023 at Singapore’s prestigious Marina Bay Sands Expo and Convention Centre, the event united IT Heads and business leaders from enterprises and governments across the APAC region.

SINGAPORE, Aug 9, 2023 – (ACN Newswire) – Singapore, a vibrant financial and technological hub in Aisa, hosted an exceptional showcase of cutting-edge advancements in the field of Artificial Intelligence (AI) at the 42nd global edition of the World AI Show, organised by Trescon. Held on 2nd-3rd August 2023 at the iconic Marina Bay Sands Expo and Convention Centre, the event brought together renowned tech innovators, leaders and industry experts gathered delving deep into the latest trends that are reshaping the global AI space.

The 42nd global edition of the World AI Show, a part of Trescon ABC events, exceeded all expectations with a remarkable turnout and garnering praise from attendees. The event reaffirms Singapore’s reputation of being a major enabler of innovation and emerging technologies in the Asia-Pacific region.

The show covered engaging topics of discussion ranging from the latest trends and opportunities in the AI space such as the emergence of GenAI technology, Generative AI, Augmenting Data Management with AI, Sustainable AI and more.

The conference featured captivating panel discussions, keynote presentations, and addresses, exploring the latest innovations and the competitive edge offered by the rapid adaptation of these new-age emerging tech solutions.

One such session was the panel discussion on ‘The Synergy of Digital Transformation and AI: Powering Organizational Growth’. The discussion moderated by Serene Keng, Director, Value Creation & Communications, EDBI, explored the role of agile methodologies in driving digital transformation initiatives. The panellists, Dennis Lui, Chief Executive VITAL (Ministry of Finance); Bala Chandrasekaran, MD-Digital Strategy & Transformation and Chief Digital Officer – Asia, Marsh McLennan; Andy Ta Wee An, Chief Data Officer & Director, Data analytics & AI (DNA), Synapxe; Mark G. KOH, Secretary General, Central and Eastern European Chamber of Commerce in Singapore presented fascinating insights about the role of AI in democratizing access to technology and services, bridging digital divides, and promoting inclusivity.

Another impressive session was the panel discussion on ‘The Limitless Potential of AI in the Healthcare Industry’. Dr. Stephen Chan, Chief Medical Informatics Officer, Woodlands Health, moderated the panel which focused on the role of generative AI in healthcare. The panellists, Dr. Eric Wong, Group Chief Data & Strategy Officer (GCDSO), National Healthcare Group; Daniel Ting, Director, AI Office, Singhealth, Dr Adam Chee, Chief, Smart Health Leadership Centre, National University of Singapore; Sudesh Kumar, Chief Digital Officer, Hello Health Group, discussed the impact of AI in enhancing patient care while managing cost while exploring the future of AI-enabled healthcare.

The keynote presentation on ‘Sustainable AI for Humanity’ by Dr. James Ong, Founder & Managing Director, Artificial Intelligence International Institute (AIII) where he gave his valuable insights on sustainable development of AI and aligning it with human values.

A fascinating session that attracted attention was the panel discussion on ‘Women in Tech’. The panel discussion moderated by Patricia Mulles, Director and Global Head of Partnerships, She Loves Data, explore the role of women in shaping the future of AI and highlight the remarkable contributions made by women in this field. The panellists, Jeannette Pang, MD, Head of Product Pricing, Billing & Cash Data Analytics, Standard Chartered Bank; Miao Song, Global Chief Information Officer, GLP; Julienne Loh, Founder/Leadership Coach, Resolution Advisory; Jenny Tan, President, ISACA SG Chapter, presented their insights on the challenges and opportunities faced by women in the tech industry.

The fireside chat on ‘Building Trustworthy and Ethical AI: Addressing Privacy and Security Challenges’ was another highlight from the event. The chat moderated by Dr. James Ong, Founder & Managing Director, Artificial Intelligence International Institute (AIII), explored the challenges and approaches to instilling ethical principles and values into AI systems. The panellists, Jeffrey Lim, Director, Joyce A Tan & Partners LLC, Mark G. KOH, Secretary General, Central and Eastern European Chamber of Commerce in Singapore, and Jenny Tan, President, ISACA SG Chapter, shared some key insights on how to strengthen trust and transparency among all stakeholders and customers.

Sharing her experience at the event, Jenny Tan, President, ISACA SG Chapter said,” It was a great initiative to highlight a dedicated session for women in data & AI. This will provide good references and role models for aspiring women.” She further extended her gratitude towards the organizers for their efforts in ensuring a diverse exchange of views and opinions.

Serene Keng, Director, Value Creation & Communications, EDBI, said, “The World AI Show is a great platform to participate for a good blend of thought-provoking conversations, innovative ideas and diverse networking opportunities. I had a lot of fun connecting with key industry professionals, deepening the discourse around AI’s impact on businesses.”

“The 42nd global edition of the World AI Show provided a dynamic platform that not only continues to ignite the spirit of innovation but also creates an environment for invaluable knowledge sharing and captivating conversations. The event is a testament to Singapore’s commitment to lead the way in Asia’s technological landscape.” said Alphy Martin, Sr. Director – Production & Partnerships, Trescon.

Aligned with Trescon’s unwavering commitment to fostering innovation and globally driving emerging tech adoption, the World AI Show has become an essential platform. With plans for a spectacular next edition already underway, Trescon is excited to announce the inaugural edition of the Digital Acceleration and Transformation Expo (DATE) in Delhi in November 2023. The event will bring together 3000+ pre-qualified attendees, 500+ pre-qualified investors, 100+ exhibitors under one roof, fostering cross-border collaborations and shape the future of the global digital transformation journey. For information on how to get involved with DATE, visit: https://datewithtech.com/

The 42nd global edition of the World AI Show is supported by:

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: www.tresconglobal.com.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Elevating Customer Experience to New Heights at the World CX Summit

The much anticipated 9th edition of the World CX Summit draws to a close at the Marina Bay Sands Expo and Convention Centre, Singapore. Held on 2nd-3rd August, the event successfully brought together tech trendsetters, innovators, CX professionals as they discussed the trends and innovations that can transform the global CX space.

SINGAPORE, Aug 9, 2023 – (ACN Newswire) – The 9th global edition of the World CX Summit, organised by Trescon, in Singapore was a resounding success. The event saw an illuminating confluence of leading tech titans, CX business experts, and innovators exploring the new-age tech solutions that are redefining the global CX space.

Co-located with the World AI Show and World Blockchain Summit as a part of Trescon ABC events, was held at the prestigious Marina Bay Sands Expo and Convention Centre on the 2nd-3rd August 2023. Trescon ABC events further cements Singapore’s position as a global innovation hub and an early adopter of emerging tech solutions.

The event exceeded expectations with an exceptional turnout and received praise from attendees. The World CX Summit played a pivotal role in shaping the future of the CX space, featuring a successful showcase of cutting-edge solutions, insightful panel discussions, successful use-cases and valuable knowledge exchange the summit facilitated networking, collaboration and partnership opportunities.

The two-day event explored a wide array of topics ranging from the future of CX, transforming CX in the digital era, data-driven creativity, redefining CX for taxpayers and more.

Top industry leaders explored the innovative strategies, trending technologies and best practices to enhance customer experience to further drive customer loyalty and customer experience.

One such session was the tech talk on ‘The Art of Selecting the Right CX Automation Solution’ by Vishal Agarwal, Co-founder and CEO, Locobuzz. The talk drove the focus on how businesses can find the perfect balance between functionality and usability.

Another notable session was the panel discussion on ‘CX Innovation through Martech: Developing A Customer-Centric Ecosystem’. The panel moderated by, Jana Marle-Zizkova Co-founder and CEO, She Loves Data, delved into how businesses can improve customer involvement, brand devotion, and retention by embracing the latest digital advancements. The panelists, Agnisha Ghosh, Regional Director, Digital Media & Advertising Strategy, MetLife; Jeffrey Lin, Director, Solutions Engineering, APJ, Acquia; Jay Bose, Group Head of Martech, AIA Group; Jaspreet Kaur Head of Marketing & Strategic Planning, Sodexo, provided key insights on employing AI/ML for predicting behaviors and extracting data can make marketing more autonomous.

Speaking about his experience at the World CX Summit, Vineet Sharma, Chief Operations Officer, Pizza Hut South Asia – Yum! Brands, said,” An impressive line-up of industry leading solutions and subject matter experts on delivering a seamless CX.”

Raymond Ran, Assistant Commissioner, Taxpayer eXperience Division, Quality Service Manager, Inland Revenue Authority of Singapore (IRAS), said,” Never underestimate an event that brings together like-minded and energy-charged professionals. It is fulfilling to be here and a great experience to be invited to share about IRAS’ service mantra and experience with a group of lively audience.”

The praise for the World CX Summit didn’t just end here, Pamela Choong, Head of Customer Experience, JTC Corporation said, “I am truly honored to be part of this event. Delighted that we could connect with the audience and received an abundance of thought-provoking questions”.

“The 9th global edition of the World CX Summit underscores the unwavering commitment Singapore shares in igniting the spirit of innovation and fostering progress in Asia’s technological landscape.” said Shrikanth Prabhu, BU Director, Trescon.

As the curtain draws on this edition, plans are underway for an even more exceptional edition. Sharing the unyielding commitment to foster innovation and drive global emerging tech adoption, Trescon is delighted to announce the inaugural edition of the Digital Acceleration and Transformation Expo in Delhi this November. The event aims to connect industry leaders, innovators, and stakeholders from various regions to play a central role in the global digital transformation journey. For more information on how to get involved with DATE, visit: https://datewithtech.com/

The 9th global edition of the World CX Summit is officially supported by:

  • Community Partners – She Loves Data, Cyberverse Foundation.
  • Platinum Sponsor – Medallia,
  • Gold Sponsors – Contentsquare, Braze, Locobuzz, Kore.ai
  • Silver Sponsors – Servicenow, Acquia, Sitecore | FPT, Survey2Connect
  • Bronze Sponsors – Zegocloud, InMoment
  • Executive Roundtable Sponsor – Insider
  • Innovation Partner – Karnataka Digital Economy Mission

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: www.tresconglobal.com.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Sandy Barsky Appointed as Government Liaison for the Blockchain & Infrastructure, the Rise of AI Conference

Washington, D.C., Aug 9, 2023 – (ACN Newswire) – The Government Blockchain Association (GBA) is thrilled to announce the appointment of Sandy Barsky as the Government Liaison for the upcoming Blockchain & Infrastructure, the Rise of AI Conference. The event is scheduled to take place on September 28-29, 2023, in Washington, DC.
Sandy Barsky


With an extensive background in the field, Sandy Barsky brings a wealth of experience to his new role. Having worked for decades at the US General Services Administration and currently serving as the Executive Program Director for Government and Education at Oracle, Barsky has consistently fostered collaboration between industry, government, and academia. His dedication to promoting government innovation and transformation has earned him a stellar reputation among his peers.

As the Government Liaison for the conference, Sandy Barsky will play a vital role in inviting government officials to participate in the event. His responsibilities also include facilitating connections and collaborations between government VIPs, officials, and individuals from both government and industry sectors.

The timing of the conference could not be more significant, as concerns surrounding the transparency of artificial intelligence (AI) continue to dominate discussions within government circles worldwide. Blockchain technology, renowned for its ability to enhance transparency, holds immense potential in the development of trusted AI systems.

This conference serves as a platform for addressing these pressing concerns and unlocking the potential of blockchain technology. Attendees will gain valuable insights into the intersection of blockchain, infrastructure, and AI, contributing to the future of innovation in these fields.

Civil servants and members of the press are invited to attend the conference free of charge, recognizing their crucial role in shaping the discourse surrounding blockchain and AI.

Furthermore, a limited number of tickets are available for industry attendees, who are encouraged to secure their spots early.

For more information about the Blockchain & Infrastructure, the Rise of AI Conference, please visit https://gbaglobal.org/blockchain-infrastructure.

About the Government Blockchain Association (GBA):

The Government Blockchain Association is a global non-profit organization focused on promoting blockchain technology within government sectors. The GBA serves as a platform for collaboration, education, and advocacy, fostering the adoption of blockchain to enhance government services and operations.

Contact:
Gerard Dache
Executive Director
Government Blockchain Association
gerard.dache@GBAglobal.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Trescon ABC: Embracing the Future of Innovation and Digital Transformation

SINGAPORE, Aug 8, 2023 – (ACN Newswire) – The World AI Show, World Blockchain Summit and World CX Summit (#TresconABC), concluded on 3rd August 2023 with thought-provoking discussions, futuristic innovations, and actionable insights at the Marina Bay Sands Expo and Convention Centre in Singapore.

With over 1500+ C-level attendees, 100+ speakers, 200+ investors, and 75 exhibitors spread across three dedicate expo zones, the event provided a spectrum of innovations that are pushing Singapore and the APAC region towards a decentralised digital future.

Naveen Bharadwaj, CEO of Trescon expressed delight on how Trescon ABC is becoming a key platform for innovators and tech titans to accelerate the adoption of net-gen emerging tech solutions. He said, “As the dynamic world of technology continues to evolve, it is our responsibility to empower businesses to navigate the waves of transformation with confidence.”

With agendas cantered around on exploring key topics, including the future of AI-powered technologies, blockchain-backed solutions and CX technologies, to create a seamless digital transformation journey in the present dynamic digital landscape.

Mithun Shetty, Vice Chairman, Trescon, said,” Trescon ABC serves as a key catalyst that fosters a spirit of collaboration and innovation while driving the world closer to a decentralised and digital future.”

Day 2 of Trescon ABC events was packed with engaging keynote presentations and captivating panel discussion with a purpose of pushing the conversation further towards the adoption of these new-age emerging tech solutions.

One of such session was the fireside chat from the World AI Show on ‘Building Trustworthy and Ethical AI: Addressing Privacy and Security Challenges’. The chat moderated by Dr. James Ong, Founder & Managing Director, Artificial Intelligence International Institute (AIII), explored the role of AI in detecting and mitigating cyber threats and data breaches. The panellists, Jeffrey Lim, Director, Joyce A Tan & Partners LLC, Mark G. KOH, Secretary General, Central and Eastern European Chamber of Commerce in Singapore and Jenny Tan, President, ISACA SG Chapter, shared some key insights on how to strengthen trust and transparency among all stakeholders and customers.

Another noteworthy session was the fireside chat on ‘Women in Blockchain: Pioneering the Future of Decentralized Technologies’. The engaging conversation between Fiona Murry, Head of APAC Sales, Ripple and Sonny Mohanty, VP APAC, Nordek, explored the growing contribution by women in the blockchain industry and the future opportunities for women in the industry.

At the World CX Summit, it was great to witness an engaging session on ‘Embracing the Future of CX: Designing a new era of Innovation ‘. The panel moderated by Babul Balakrishnan, Global Head of Customer Care, Thunes, elaborated on how a customer-first strategy can be utilized to drive loyalty, retention and advocacy. The panellists, Sachin Sharma, Chief Product & Commercial Officer, Standard Chartered Bank nexus; Gabriel Lazaro, Head of Digital, Overseas General Insurance, Chubb; Adil Antia, Vice President, Technology & Solutions, FPT Asia Pacific; Joey Tan, Head of Customer Experience (CX), GXS; Sushil Katdare, CX Director, Greater China & Intercontinental Region, GSK, presented their invaluable insights on leveraging customer data insights for personalization.

Expressing his experience on being a part of the World AI Show, Andy Ta Wee An, Chief Data Officer & Director, Data Analytics & AI (DNA), Synapxe, said, “It was a privilege to be part as a panellist and share my experience at #WorldAIShow. During the session, I shared my views on how AIOPS can be applied to systems, business as well as individual tasks.” He further added,” It is important to understand the considerations for each setting and experiment tools, data and practices to make them “quiet norms” to improve workflow processes for better patient outcomes.”

Sharing his experience on being a part of the World Blockchain Summit, Chin Tah Ang, General Manager, Singapore, Crypto.com, said” The experience at the summit was wonderful. I had the opportunity to meet great people, and the panel discussion was very interesting.”

Attending the World CX Summit, Thiam Kee (Scott) Tan, Product Owner, Core Experience, ShopBack, spoke at length on the impact of the platform that Trescon ABC provides. He said, “It is an interesting combination of events, adding diversity to the topics It was wonderful to learn and interact with industry practitioners and solution provider, to understand how they work, and insights on how they address the challenges.”

As Day 2 came to a close, the World AI Show, World Blockchain Summit and World CX Summit (TresconABC), preparations are underway to bring another exciting edition that will empower businesses with next-gen tech solutions and give them a sneak peek of the future.

Building on the successes of bringing cross industry technology leaders together, Trescon is excited to announce the inaugural edition of the Digital Acceleration and Transformation Expo (DATE) at Delhi in November this year. The event underscores India’s innovative temper while establishing a platform that will foster collaboration, knowledge-sharing, key insights that will have a key impact on India’s innovation ecosystem. The event will feature a diverse range of sessions, panel discussions, and interactive workshops, covering topics such as AI, ML, blockchain, cybersecurity, cloud, fintech, greentech, and more. For more information on how to be involved with DATE, visit: https://datewithtech.com/

The Trescon ABC events were supported by:

  • Supporting Partner – EDBI and She Loves Data
  • Community Partner – Cyberverse Foundation, APAC DAO, Binance Viet Nam, She Loves Data
  • Innovation Partner – Karnataka Digital Economy Mission
  • Platinum sponsor – Dataiku, Tech Mahindra | Altair, Medallia
  • Gold Sponsor – Singlestore, PHOENIX, TELESIGN, Contentsquare, Braze, Locobuzz, Kore.ai
  • Silver Sponsor – Aidetic, HUMBL, MILLIONERO, GPTCoin, FUTURECX, Metapark, Servicenow, Acquia, Sitecore | FPT, Survey2Connect
  • Bronze Sponsor – WNS – Vuram, Squirro, neo4j, MIMO, ZOKSH, Zegocloud, InMoment
  • Lead Sponsor: FIRDAOS
  • Presenting Partner: NORDEK
  • After Party Sponsor: U2U FOUNDATION
  • Pitch Partner: U2U FOUNDATION, FLOIN
  • Exhibitors: SINGAPORE BLOCKCHAIN INNOVATION PROGRAMME, MRMINT, ESPSOFTTECH, KoinBX, Collectors, Corsight AI
  • Official Content Distribution Partner: Zex PR Wire
  • Official Event App Partner: Crowdcomms
  • Association Partner: WOMEN IN BLOCKCHAIN ASIA
  • Executive Roundtable Sponsor – Insider

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: http://www.tresconglobal.com.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com



Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

HKTDC Food Expo kicks off next week with inaugural Food Expo PRO

HONG KONG, Aug 8, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), the much-anticipated HKTDC Food Expo, HKTDC Beauty & Wellness Expo, and HKTDC Home Delights Expo will run from 17 to 21 August at the Hong Kong Convention and Exhibition Centre (HKCEC). The inaugural Food Expo PRO will be staged with the returning Hong Kong International Tea Fair at the same venue from 17 to 19 August. At the five events will be more than 1,700 exhibitors, providing a one-stop sourcing and shopping platform for trade buyers and the public to enjoy global cuisines and lifestyle products.
Sophia Chong, HKTDC Deputy Executive Director, announced the full programme and key highlights of this month's events at today's press conference.

The Food Expo brings you the best of the world's cuisines, with a wide range of speciality food and beverages, including the Isey Skyr, the unqiue Icelandic yoghurt, 100% handmade and original tinned cakes, frozen cocktail ice lollies from the Netherlands and made-in-Hong Kong black truffle gelato.

Ticketing partner AlipayHK and Alipay representative, Keith Cheung (L), Head of Marketing, AlipayHK, meets Sophia Chong (R), Deputy Executive Director of the HKTDC at the press conference.


In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and eight scientific research institutions, will be held at the same venue on 17 and 18 August to offer the latest industry information and promote the development of Chinese medicine.

Introducing highlights of the August's events at a press conference today, Sophia Chong, HKTDC Deputy Executive Director, said: "This year's Food Expo marks our first large-scale public food exhibition with tasting opportunities since the pandemic restrictions were lifted. We have renamed the former Food Expo Trade Hall as Food Expo PRO this year to serve the needs of the catering industry. Coinciding with several exhibitions and the International Conference of the Modernization of Chinese Medicine and Health Products, these events will provide an excellent platform for both industry professionals and the public to explore and learn about diverse gourmet cuisines, beauty and fitness products, healthcare information, and trendy homeware. Boosted by the positive influence of the Consumption Voucher Scheme, we anticipate welcoming large crowds to the events."

Food Expo PRO – Showcasing a vast array of the latest and specialised product trends (17-19 August)

This year, the Food Expo's Trade Hall is renamed as Food Expo PRO. The first two days will be open to trade buyers, while the last day (19 August) will be open to public and trade buyers. The Food Expo PRO will showcase food and beverage products from 20 countries and regions, with 21 pavilions from Indonesia, Japan, Korea, Mexico, Poland, Thailand, and from Mainland China's provinces including Fujian, Heilongjiang, Hunan, Jilin, Sichuan, Zhejiang, and more.

Exhibitors from all over the world will showcase various food, service, and technology that reflect the latest product trends, such as Korea's flavoured pickled seafood, Singapore's traditional coffee with unsweetened oat milk, Poland's smooth and mild fruit-flavoured vodka, and essence of mushroom (Yun-zhi) product from the Chinese Medicine and Health Food zone.

On top of diverse exhibits, the fair also provides more specialised and comprehensive information.

The new Food Science and Technology Zone will showcase innovative food processing technologies, such as peanut protein-based and alternative plant-based chicken products developed by food tech start-ups, and non-alcoholic beers developed by local academic institutions. Two of Food Tech Symposium sessions will be held during the fair, with the Hong Kong Productivity Council, the Controlled Environment Hydroponic Research and Development Centre and the Technological and Higher Education Institute of Hong Kong discussing the development of emerging technologies in the food industry in Hong Kong, and food technology start-ups sharing how technology is reshaping the F&B and retail industries.

Hong Kong International Tea Fair: Promoting world famous teas and facilitating cultural exchange (17-19 August)

Hong Kong International Tea Fair will be open to trade buyers on the first two days of the fair, and to trade buyers and the public on the last day (19 August). There will be 10 pavilions, including the first-time participation of Kenya Pavilion, and returning exhibitors from Sri Lanka, and Mainland China's Fujian, Guizhou, Hunan, and Jiangsu provinces, showcasing famous teas, tea products and tea wares. Highlighted products include the modern version of Chaoshan Gongfu Tea, enriched and concentrated milk tea, and Japanese handcrafted Tetsubins (cast iron kettles), amongst others.

The Hong Kong International Tea Fair Tea Competition 2023 will be held with awards such as "The Best Aroma Award" and "The Best Taste Award", selected by professional tea judges in a blind tasting. Attendees will be able to sample the winning teas free of charge on the morning of 19 August.

The two trade fairs will continue to be held under the hybrid exhibition model EXHIBITION+, allowing global food and tea buyers to view exhibitors recommended by artificial intelligence (AI), and to arrange and conduct online meetings with exhibitors through Click2Match, a smart business matching platform, from 10 to 26 August, in addition to the physical trade fairs. For the first time, the Food Expo PRO and Hong Kong International Tea Fair will pilot Scan2Match, which is designed to help buyers connect with exhibitors seamlessly from offline to online.

Food Expo – A culinary voyage around the world (17-21 August)

The 33rd edition of the Food Expo presents the Public Hall and Gourmet Zone, that will showcase global cuisines and dining options from around the world, will be open to the public for five consecutive days from 17 to 21 August 2023. The Gourmet Zone will feature nearly 100 exhibitors showcasing the finest cuisines from Asia, Europe and the United States, with desserts, organic greens and fine coffees from all over the world, making it a must-attend event for those who are in appetite for the finest cuisines.

This year, the newly introduced Wine Whisky Wonderland zone brings fine wines from all over the world, and there will be a special K-Food zone for food lovers to keep abreast of Korean culinary trends and culture.

The Public Hall will feature various exhibitors, including more than 30 well-known brands, such as Maxims, Tai Pan, Nissin, Sau Tao, Tao Ti, Kee Wah Bakery, Wing Wah, and Four Seas Group in the Premium Food zone.

The Food Expo also features speciality food and beverages, including Isey Skyr, the unique Icelandic yoghurt,100% handmade and original tinned cakes, frozen cocktail ice lollies from the Netherlands, organic collagen jelly from Korea, made-in-Hong Kong black truffle gelato, and more.

Back again will be the ever-popular cooking demonstration at the Star Kitchen. This year, 18 sessions of Star Chef Cooking Demonstration will be staged at Food Expo. They include Ronald Shao, Executive Chef of Mian; Hung Chi Kwong, Executive Chinese Chef of Run at The St. Regis Hong Kong; Adam Wong, Executive Chef of Forum Restaurant – Ah Yat Abalone; Chan Sai Fai, Executive Chef (Dim Sum) of Chuan Palace; Au-Yeung Chung Kei, Executive Chef of YUE; and Olivier Elzer, French founder, and mastermind behind Clarence.

In collaboration with the Environment and Ecology Bureau's Committee on Reduction of Salt and Sugar in Food, and the Centre for Food Safety, the expo will invite famous chefs to demonstrate "less salt and less sugar" recipes to advocate the ethos of healthy eating in the city. On 19 August, media veteran Jacky Chan will host the Chef's Dialogue featuring three renowned Hong Kong chefs who will share their cooking and dining tips and secrets. There will also be several exciting events during the expo, including seminars and talks, wine tasting workshops and exhibitor presentations.

Beauty & Wellness Expo – Rejuvenating the natural beauty from within (17-21 August)

The seventh Beauty & Wellness Expo will showcase a wide range of beauty, cosmetic, hairdressing, fitness and wellness products. In addition to the major pavilions hosted by the Federation of Beauty Industry (H.K.), Hong Kong Hair & Beauty Merchants Association, International Beauty & Health General Union, The Cosmetic & Perfumery Association of Hong Kong Ltd, and Hong Kong China Federation of Bodybuilding & Fitness Limited, there will be new pavilions presented by the CIDESCO International CICA Association of Esthetics and Association of International Aesthetics Management.

In addition, Hieggo Pavilion will be exhibiting for the first time at Beauty & Wellness Expo, bringing with it a wide range of health products, with Lawrence Cheng and other guests sharing wellness knowledge at the fair. The expo will showcase an extensive variety of health and beauty products. These include the Pulseroll Vibrating Massage Roller from the United Kingdom, the DR. SCHAFTER Advanced Derma Laser Skin Peel, the FOOTDISC Anti-Fatigue Insoles and the Sericin Poria Pore Refining Booster.

A series of informative and exciting activities will be held including an "Introduction to Mental Health" sharing session organised by Mind HK; a preview of the 2023 IFBB Hong Kong Fitness Awards Charity Open Championship; a seasonal autumn/winter make-up demonstration by expert Edmon Wong; and seminars on topics such as Japanese manicure, slimming and nutritional dieting, and more.

Home Delights Expo – Igniting an ideal smart home (17-21 August)

The ninth Home Delights Expo will showcase smart home products, kitchen appliances, kitchenware, tableware, and household products. The Avenue of Delights will feature over 40 exhibitors and several lifestyle brands, including Towngas, ZWILLING JA Henckels, A-Fontane, LAURASTAR, Tiger, and German Pool. The expo will present new home products, including the Hydrogen Plus Cold & Hot Purifier, MasterMind, an AI massage chair equipped with voice control and bespoke functions, and a sterilisation machine for cleansing knives, chopsticks, and cutting boards by Zhang Xiao Quan.

This year, the Hong Kong Furniture and Decoration Trade Association pavilion will continue to showcase home design elements that integrate technology into people's daily lives to build an ideal smart home. In addition, the Creative Corner will provide a platform for young start-ups to promote and sell their products. Apart from cultural and creative products, the public can participate in exciting activities such as bonsai design and dried flower gift making workshops.

ICMCM – High-calibre experts discuss the inheritance and innovation of traditional Chinese medicine (17-18 August)

The Modernized Chinese Medicine International Association together with the HKTDC and eight scientific research institutions will present the latest International Conference of the Modernization of Chinese Medicine & Health Products (ICMCM), offering invaluable Chinese medicine insights and information for industry participants.

This year's theme is "Inheritance and Innovation of Traditional Chinese Medicine", featuring 18 keynote speakers, including experts from the United Kingdom, Singapore, Japan, Korea, Mainland China, and Hong Kong who will discuss new Chinese medicine research and development and share successful product commercialisation cases. Running in a hybrid format, the conference will stimulate and facilitate exchange of ideas among speakers and participants. By attending the conference, registered Chinese medicine practitioners in Hong Kong may also apply for Continuing Medical Education (CME) credits.

Promoting electronic payment with Consumption Voucher Scheme and daily lucky draw

with the second instalment of the Consumption Voucher Scheme rolled out, the HKTDC is encouraging exhibitors to embrace electronic payment methods to streamline transactions and enable a more convenient and efficient shopping experiences for the public.

The "Lucky Draw" will take place daily during the exhibition period with prizes including hotel accommodation and buffet vouchers, homeware, skincare products, gourmet food, health products and fitness classes. Spending HK$200 or more on a single receipt allows visitors to enjoy one lucky draw entry, with a maximum of five entries per receipt. The HKTDC's promotional website, "August Happy Buy", continues to help the public keep abreast of the latest shopping information, various flash sales, "HK$1" offers and more than 160 shopping coupons will be given away. In addition, the HKTDC will also launch a "BYO Utensils for Bonus Rewards" campaign to encourage people to support environmental protection, and some exhibitors will give bonus offers to those who bring their own utensils.

E-tickets are available for sale at AlipayHK, Alipay (HKTDC's ticketing partner), which offers a HK$3 and Rmb3 discount for every transaction. Other sales outlets include the 01 Space e-ticketing platform, all 7-11 and Circle K convenience stores, and via the Octopus App. Physical ticket sales for the August exhibitions will not be available at the fairground. Instead, toll booths will be set up at the entrance to allow visitors to use their AlipayHK, Alipay or Octopus card for admission instantly. The HKTDC has also extended the discounted morning and night admission tickets for the public to visit the exhibitions during non-peak hours on designated dates.

Websites
– HKTDC Food Expo PRO: https://foodexpopro.hktdc.com
– HKTDC Hong Kong International Tea Fair: https://hkteafair.hktdc.com
– HKTDC Food Expo: https://hkfoodexpo.hktdc.com
– HKTDC Beauty & Wellness Expo: https://hkbeautyexpo.hktdc.com
– HKTDC Home Delights Expo: https://homedelights.hktdc.com
– The International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM): https://icmcm.hktdc.com
– August Happy Buy website: https://ecoupon.hktdc.com/food/
– Photo download: https://bit.ly/45il75B

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

Media enquiries

HKTDC's Communications and Public Affairs Department:
HKTDC Food Expo, HKTDC Beauty & Wellness Expo
Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org

HKTDC Food Expo PRO, HKTDC Hong Kong International Tea Fair, ICMCM
Frankie Leung, Tel: +852 2584 4298, Email: frankie.cy.leung@hktdc.org

HKTDC Home Delights Expo
Clementine Cheung, Tel: +852 2584 4575, Email: clementine.hm.cheung@hktdc.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

U.S. Polo Assn. Climbs to Top 25 of License Global’s Prestigious 2023 ‘Top Global Licensors’

West Palm Beach, FL, Aug 8, 2023 – (ACN Newswire) – USPA Global Licensing Inc. (USPAGL) today announced that U.S. Polo Assn., the official brand of the United States Polo Association (USPA), climbed License Global magazine's prestigious list of 2023's Top Global Licensors and for the first time ever is ranked in the top 25. The multi-billion-dollar, sport-inspired brand moved up three spots from 28th in 2022 to 25th overall and is considered one of the largest sports licensors and apparel licensors in the world. The iconic brand was also ranked as the second-largest sports brand, alongside the NFL and PGA Tour.


U.S. Polo Assn.'s strong ratings come off an outstanding 2022, having achieved $2.3 billion in global retail sales, expanding its footprint to include over 190 countries, and ending the year with more than 1,100 U.S. Polo Assn. retail stores worldwide. The brand's fast-tracked digital strategy resulted in websites for more than 40 countries in 20 different languages and the activation of more than 7 million social media followers of the brand worldwide. U.S. Polo Assn.'s authentic connection to the sport of polo is resonating with younger consumers and sports fans around the world.

"I want to personally thank all members of our global team and strategic partners around the world on behalf of U.S. Polo Assn. for their hard work and dedication to our sport-inspired brand," says J. Michael Prince, President and CEO of USPAGL, the company that manages the multi-billion-dollar U.S. Polo Assn. brand. "To be in the top 25 on License Global's prestigious list and be ranked among other iconic sport and fashion leaders is an honor and a nod to our tireless efforts in executing on our global strategy and aggressive growth plans."

License Global's Top Global Licensors list is a "who's who" of licensing titans, derived from an annual study that "accounts for retail sales of licensed merchandise across all major sectors of business, from entertainment to sport, food and beverage, corporate brands, fashion, art and design, and much more."

To be considered for inclusion, each brand or corporate entity must submit retail figures based on worldwide sales of licensed merchandise. In addition, License Global's editors do their own independent vetting and verification, by consulting industry sources, annual reports, and financial documents. The world's largest brand remains The Walt Disney Company at $61.7 billion in retail sales, with the third-largest brand, Warner Bros. Discovery, at $15.8 billion, and Mattel, the eighth-largest brand at $8 billion.

About U.S. Polo Assn. and USPA Global Licensing Inc. (USPAGL)

U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the non-profit governing body for the sport of polo in the United States and one of the oldest sports governing bodies, having been founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through over 1,100 U.S. Polo Assn. retail stores and thousands of department stores, sporting goods channels, independent retailers, and e-commerce, U.S. Polo Assn. offers apparel for men, women, and children, as well as accessories and footwear in more than 190 countries worldwide. U.S. Polo Assn. was named one of the top global sports licensors in 2023, according to License Global. Visit uspoloassnglobal.com and follow @uspoloassn.

USPA Global Licensing Inc. (USPAGL) is the for-profit subsidiary of the USPA and manages the global, multi-billion-dollar U.S. Polo Assn. brand, providing the sport with a long-term source of revenue. Through its subsidiary, Global Polo Entertainment (GPE), USPAGL also manages Global Polo TV, which provides sport and lifestyle content. A historic, multi-year, global arrangement between USPAGL and ESPN, now showcases many of the top championship polo games in the U.S., enabling millions of sports fans and consumers to enjoy the sport across ESPN's broadcast and streaming platforms. For more sport content, visit globalpolo.com.

Contact Information:
Stacey Kovalsky
Senior Director, Global Communications
skovalsky@uspagl.com
+001.561.790.8036

Shannon Stilson
VP, Sports Marketing & Media
sstilson@uspagl.com
+001.561.227.6994

Gina Digregorio
Head of Marketing, Brand Machine Group
gina.digregorio@brandmachinegroup.com
+44 (0) 7741 635 984

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Digital Transformation Summit, Egypt

Cairo, Egypt, Aug 8, 2023 – (ACN Newswire) – Egypt is actively pursuing a robust strategy to modernise its governmental services and community ecosystem, ushering in a fully digital and data-driven paradigm. This transformation aims to boost accessibility and efficiency in line with Vision 2030's overarching goals.
As Egypt accelerates its comprehensive digitalization across industries, leaders in Digital Transformation seek insights from industry experts to leverage optimal IT strategies.

Technologies like IoT, AI/ML, Hybrid Cloud, and Cybersecurity play vital roles in value chains, urging enterprises to prioritise best practices for sustainable growth amidst the current landscape.

Driven by the Ministry of Communications and Information Technology (MCIT), Egypt's proactive strategy is shaping "Digital Egypt." This blueprint aims for a seamless transition to a digitally empowered society, with pillars of comprehensive digital transformation, skilled workforce nurturing, and continuous digital innovation. These tiers modernise technology, empower citizens with essential skills, and position Egypt as a global hub for pioneering digital advancements.

The 22nd Edition of Digital Transformation Summit in Egypt serves as a hub for dynamic discussions addressing pressing challenges through digitization. With a carefully curated agenda, it features panels, keynotes, Q&A sessions, and presentations. The event focuses on existing and anticipated obstacles, spotlighting innovative technologies for sustainable business scaling.

The summit will cover a wide range of topics including:
– Developing Egypt's digital infrastructure.
– Benchmarking digital Government in strategies in Egypt.
– Industries in transformation : Driving efficiency & resilience by leveraging intelligent automation.
– Shaping the future of digitization in Egypt with cloud.
– Safeguarding organizations from Cyber threats : Securing the digital transformation.

Get ready to hear from these distinguished professionals:
– H.E. Khaled, El-Attar Vice Minister – Digital Transformation, Automation and Administrative Development Ministry of Communications and Information Technology (MCIT) Arab Republic of Egypt.
– Anthony Samir Foua, Head Of Cybersecurity Unit Ministry Of Health And Population Arab Republic Of Egypt.
– Dr. Medhat Nafei, Chairman Arab Alloys Former Deputy Minister Of Supply And Internal Trade Arab Alloys.
– Dawlat Hashem, CIO Egyptian Natural Gas Holding Company (EGAS).
– Ahmed Beshear, Chief Security Officer AXA Bank Egypt.
– Mohamed Mostafa, Regional Chief Information Security Officer Egyptian Arab Land Bank.
– Germin Abouel Atta, Chief Information Officer (CIO) The British University In Egypt.
– Adham Fouad ElSherif, MBA,CISSP Head Of Network And Security Blom Bank.
– Waseim Mahjoub, Director Of Data And Analytics B.Tech.
– Ahmed Emam, Board Member Egyptian Fintech Association.
– Shaimaa Ismail, Chief Marketing Officer L'Oreal Egypt.
– Ahmed Sabry ElShafiey, Group Digital Transformation Director Hassan Allam Holding.

Who can Attend?
The Digital Transformation Summit, Egypt is open to CIOs, CTOs, CISOs, Chief Digital Officer, Chief Data Scientist, Head of Digital Transformation, Head of Data Engineering/Data Science and Analytics from a variety of industries, including Government, BFSI, Telecom, Education, Healthcare, Manufacturing, Logistics & Supply Chain, Ecommerce & Retail, Oil/Energy and Utilities, & Life Transport & Logistics.

For more information on the Digital Transformation Summit, Egypt, you can visit:
https://digitransformationsummit.com/egypt/

About Exito

Exito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.

Contact: Mithun Gopinath,
Manager-Projects,
Exito Media Concepts
mithun.gopinath@exito-e.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CanariaBio Announces Enrollment Completion of Phase 2 Study of Oregovomab in Combination with Niraparib in the Treatment of Recurrent Ovarian Cancer

SEOUL, S.KOREA, Aug 8, 2023 – (ACN Newswire) – CanariaBio, a KOSDAQ-listed and a leading late-stage biotechnology company, announces the successful enrollment completion of a Phase 2 study of Oregovomab in combination with niraparib, GSK's poly (ADP-ribose) polymerase (PARP) inhibitor, for treatment of patients with platinum-sensitive recurrent ovarian cancer.

This trial, known as FLORA-4 (NCT05335993), is being conducted by CanariaBio, with GSK providing clinical trial supply of niraparib. The study will assess the immunological and clinical activity, early humoral response, and disease control rate of concomitant Oregovomab and daily oral niraparib. This will be a preliminary investigation of the interaction of indirect immunization with Oregovomab and concomitant niraparib therapy and the immune modulatory effects associated with PARP inhibition. The key aim of the study is to explore whether a non-chemotherapy combination of Oregovomab and niraparib would potentially extend the platinum-free interval, which is known to have a favorable impact on subsequent treatment with platinum-based combination chemotherapy.

Ovarian cancer is known for its high recurrence rate. In this difficult landscape, Oregovomab has the potential of emerging as a promising immunotherapeutic agent. Through rigorous Phase II clinical trials, Oregovomab has not only demonstrated its safety profile but also showcased remarkable results by extending PFS by approximately 30 months when combined with chemotherapy, compared to conventional chemotherapy alone.

About Oregovomab

Oregovomab is a murine monoclonal antibody against CA 125, a biomarker commonly found in ovarian cancer. Indirect immunization with Oregovomab interacts with immune-modulating properties of infused paclitaxel and carboplatin, resulting in synergistic clinical benefits as observed in a Phase II trial. In a randomized Phase II clinical trial of 97 patients, treatment with Oregovomab in combination with chemotherapy had demonstrated a highly statistically significant and clinically meaningful outcome for both progression-free and overall survival compared to standard-of-care chemotherapy (carboplatin and paclitaxel). The risk of progression and of death was reduced by more than 50% when compared to control arm, and safety data showed that Oregovomab did not add incremental toxicity to the chemotherapy regimen. Clinical and translational results were published in Gynecology Oncology (2020) 156:523-529 and Cancer Immunology and Immunotherapy (2020) 69: 383-397, respectively.

About ZEJULA (niraparib)

Niraparib is an oral, once-daily poly (ADP-ribose) polymerase inhibitor approved by FDA and EMA for the use in ovarian cancer, marketed as ZEJULA by GSK. Niraparib is currently being evaluated in multiple pivotal trials. GSK is building a robust clinical development programme by assessing activity across multiple tumour types and evaluating several potential combinations of niraparib with other therapeutics. For questions or more information on niraparib, please visit www.gsk.com.

About CanariaBio Inc.

CanariaBio Inc. is a Korean biopharmaceutical company focused on the development and commercialization of immunotherapies for cancer. CanariaBio's technology platform includes a portfolio of tumor antigen-specific monoclonal immunoglobulins targeting CA-125, MUC1, PSA and Her2/neu. The company is exploring the therapeutic potential of these antibodies as indirect immunizers in combination with other immune-modulating drugs or drug combinations to address unmet medical needs in oncology.

Forward-Looking Statements

This press release includes forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict, that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. The information in this release is provided only as of the date of this release and the company undertakes no obligation to update any forward-looking statements contained in this release based on new information, future events, or otherwise, except as required by law.

Contact Information
Jacquelyn Choi
PR Manager
ipr@canariabio.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

From AI Chatbots to CPO: How Communications Technology Helps the World to Change

HONG KONG, Aug 8, 2023 – (ACN Newswire) – In February 2023, ChatGPT, OpenAI's text-generating AI chatbot, has taken the world by storm. The number of users exceeded 100 million in just two months, making it the fastest software ever to have 100 million active users. Microsoft and Google have also launched New Bing and Bard to follow the tide.

According to the analysis AI and Compute published by OpenAI, since 2012, the amount of compute used in the largest AI training runs has been increasing exponentially with a 3.4-month doubling time (by comparison, Moore's Law had a 2-year doubling period). Since 2012, this metric has grown by more than 300,000x (a 2-year doubling period would yield only a 7x increase).

With the explosive growth of computing power and data demand, the evolution of traditional pluggable optical module technology is challenging to support the sustainable development of data centers in the context of high computing power. Therefore, more advanced co-packaged optics (CPO) technology has been brought to the stage to cope with the rapid growth of computing power demand.

CPO technology is an advanced heterogeneous integration of optics and silicon on a single packaged substrate. The transmission rate will be increased by more than eight times to cater for the increasing data processing demand.

Top tier companies are gradually become in need of CPO product. The demand on 800G optical module reached over 7,000,000 in May this year, as Nvidia and Google have updated their demand planning guidelines for 800G optical modules in 2024.

In China, the state has issued a series of policies to support the development of CPO technology. In addition, the stock market also reflected real emotion with China's CPO concept stocks performing extremely well in the first half this year. The most significant increase was Linktel Technologies, with a cumulative soar of 768.83% in 1H2023.

HGtech and Cambridge Industries Group (CIG) are companies marching into the CPO industry. HGtech is currently developing 200G and 400G optical module before looking into 800G optical module and CIG just began to small produce 800G optical module and schedule to deliver more in the rest of the year to cope with their customer needs.

Another example goes to Luxshare Precision, which is well-known for manufacturing iPhone and AirPods for Apple. In addition to the consumer electronics sector, the communications sector has also been its main focus.

Luxshare Precision has been tapping into various communication technologies, including the above-mentioned CPO technology. Its 400G optical modules have already been put into mass production. Meanwhile, its 800G silicon optical modules are being shipped in small quantities. With the advantages of low power consumption, high reliability, high yield and low cost, Luxshare Precision wins a leading position in CPO technology globally.

In 2012, Luxshare Precision entered the communications market through the acquisition of Keertong Industrial. In 2021, the acquisition of TIME Interconnect helped Luxshare Precision further improve its product portfolios of the communications business. Benefiting from the increasing demand, Luxshare Precision's communication business revenue for the first time exceeded RMB10 billion, to RMB12.834 billion, showing a year-on-year increase of 292.55%.

Equipment and data center are two sections that Luxshare Precision is now focusing on in the communications segment. For the equipment segment, Luxshare Precision has been able to realize technological iteration and comprehensively enhance its ability to empower customers' value by relying on the precision manufacturing capabilities cultivated from small nano-scale components in the consumer electronics field, as well as a thorough understanding of acoustic, optical, electric, thermal, magnetic and radio frequency.

For the data center segment, Luxshare Precision, through its advantages in high-speed transmission and its current forward-looking layout in heat transfer, continues to enhance its ability to provide comprehensive solutions in multiple categories.

On top of its existing technology as well as products, R&D innovation is always in the important position of enterprise development, and the company has invested a total of RMB20.834 billion in R&D in the past three years. In terms of R&D achievements, Luxshare Precision has accumulated 4,526 invention patents, an increase of 46.47% compared to the end of 2021.

The steady growth of R&D investment and the continuous enhancement of technology accumulation will certainly help Luxshare Precision achieve breakthroughs in digital applications.

In the recently announced 2023 Fortune Global 500 released on Wednesday, Luxshare Precision appeared on the list for the first time. Meanwhile, it also ranked 138th on Fortune China 500 this year. In addition, Luxshare Precision has been included in the list of Top 50 Forbes China Most Innovative Companies 2022, by virtue of its continuous innovation and leading technology.

It is obvious that Luxshare Precision, with its strong R&D capabilities and achievements in the communications segment, is well-positioned to maintain sustainable growth and achieve a new level.


Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com