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Fosun International Receives "ESG Leading Enterprise Award" from Bloomberg Businessweek/Chinese Edition

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HONG KONG, Nov. 29, 2023 /PRNewswire/ — On 23 November 2023, the results of the fifth ESG Leading Enterprise Awards 2023, which was organized by the Chinese Edition of Bloomberg Businessweek in partnership with Deloitte, one of the world’s largest accounting firms, and with the support from InvestHK under the Government of the Hong Kong Special Administrative Region, Hong Kong Institute of Bankers, Hong Kong Securities and Investment Institute, and CFA Society Hong Kong, were announced at the awards ceremony. Fosun International has garnered the "ESG Leading Enterprise Award" in the Category I – Market capitalization over HK$20 billion.

The "ESG Leading Enterprise Award" commends Fosun for actively promoting the sustainable development of ESG

This year, Fosun International was accredited with the "ESG Leading Enterprise Award" in the Category I – Market capitalization over HK$20 billion by Bloomberg Businessweek/Chinese Edition, representing the market’s recognition of Fosun International in environmental, social, corporate governance (ESG), corporate sustainability, and information disclosure, etc. There were 15 recipients received the "ESG Leading Enterprise Award" in the Category I – Market capitalization over HK$20 billion, including large-scale Hong Kong-listed companies such as Henderson Land Development, Sun Hung Kai Properties, New World Development, Sino Land, PCCW Limited, etc.

As a globalized company rooted in China, Fosun takes initiatives to create business value and gives high priorities to corporate social responsibility. Together with its original aspiration of "Self-improvement, Teamwork, Performance, and Contribution to Society" and its corporate mission of "Creating Happier Lives for Families Worldwide", Fosun has always integrated the principle of sustainable development into all levels of the Group’s operations.

Fosun has set up an ESG Board Committee under the Board to assist the Board in guiding and overseeing the Group’s ESG development and implementation. At the management and decision-making level, Fosun has established an ESG Executive Committee to provide decision support for the implementation of ESG strategies. At the implementation level, the Group has also set up an ESG Management Committee and an ESG Working Group to implement ESG strategies and related actions and ensure the establishment of appropriate and effective ESG risk management and internal control system.

In recent years, Fosun has achieved remarkable ESG performance. Fosun International received an MSCI ESG rating of AA and was the only conglomerate in Greater China with such rating. It was selected as a constituent of the MSCI CHINA ESG LEADERS 10-40 Index again. Its S&P CSA ESG score outperformed 91% of its global peers. Fosun International was included in S&P Global’s Sustainability Yearbook 2023 (China Edition) and recognized as an "Industry Mover" by S&P Global. Fosun International’s HSI ESG rating was upgraded to AA- and was selected as a constituent stock of the Hang Seng Corporate Sustainability Index for the first time. Fosun International’s FTSE Russell ESG score was upgraded from 3.0 to 3.8, consistently higher than the global industry average, and it has been continuously selected as a constituent of the FTSE4Good Index Series.

Looking ahead, Fosun will continue to actively take on greater social responsibility, implement the concept of ESG, create value and give back to society. With the global trend of promoting carbon neutrality, carbon emissions reduction and the sustainable development of the Earth, Fosun will continue to actively cooperate with its member companies to promote the implementation of ESG strategies, especially in the areas of carbon emissions peak, carbon neutrality, energy conservation and energy consumption reduction, and actively promote the sustainable development of the Group.

Source : Fosun International Receives "ESG Leading Enterprise Award" from Bloomberg Businessweek/Chinese Edition

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Databourg Completes Seed Round Financing with Investment from Asian Development Bank (ADB) Ventures

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Databourg founder and CEO Dr. Ahmad Gharanjik is pictured left and CTO and co-founder Dr. Julian Krebs is pictured right (Photo: Databourg)

MANILA, Philippines, Nov. 29, 2023 /PRNewswire/ — Environmental data analytic startup, Databourg has announced the successful closure of its $1M seed financing round boosted by investments from Asian Development Bank (ADB) Ventures, and a received R&D grant.

Utilizing satellite signals from tens of thousands of existing satellite terminals, Databourg’s technology provides real-time weather monitoring that is scalable and cost-effective. The company’s innovative technology is based on repurposing existing telecom infrastructure for weather monitoring by leveraging AI using its proprietary algorithms and earth observation data.

"The use of existing infrastructure and transforming them to weather sensors at an affordable price will have a profound impact on developing Asia. We are proud to be part of Databourg’s journey from the very beginning and look forward to them becoming an important regional player in the coming years," said ADB Ventures Investment Specialist Jieying Shi.

Asia is a region profoundly affected by climate change, with millions of livelihoods at risk due to severe flooding, drought, and storm surges. Despite this, the area lacks a comprehensive weather monitoring infrastructure, essential for early warnings and effective risk management against extreme weather events and climate change impacts. Recognizing this gap, Databourg is on its mission to prioritize its growth in Asia.

Dr. Ahmad Gharanjik, CEO and founder of Databourg, commented on the investment, saying, "Joining hands with ADB Ventures is truly thrilling for us. This partnership empowers us to strengthen our commitment to help vulnerable regions and communities become more resilient to climate change. Thanks to ADB’s vast presence and influence in Asia, we see a unique chance to expand our operations in this crucial region."

Databourg’s weather monitoring system is currently up and running in the Philippines. With this investment, the company plans to extend its operation to Indonesia and Sri Lanka by Q1 2024.


Databourg founder and CEO Dr. Ahmad Gharanjik is pictured left and CTO and co-founder Dr. Julian Krebs is pictured right (Photo: Databourg)

For media enquiries, please contact [email protected] 

About Databourg

Databourg is an environmental data analytics startup based in Luxembourg. Originating as a spin-off from the University of Luxembourg, the company has developed a novel method for weather monitoring by repurposing telecommunication infrastructure and harnessing the power of AI combined with earth observation data. With a mission to deliver the most accurate and comprehensive rainfall intelligence, Databourg aims to serve businesses and institutions worldwide, positioning itself as "The Rain Company".

About ADB Ventures

ADB Ventures is the Asian Development Bank’s venture arm, supporting and investing in early-stage technology companies with the potential to scale and deliver climate impact in emerging Asia. ADB Ventures typically invests across seed and early stages, providing leading technology companies with capital, deep insights, and networks to reduce market entry risks and accelerate operational scale-up. For more information, visit ventures.adb.org 

Source : Databourg Completes Seed Round Financing with Investment from Asian Development Bank (ADB) Ventures

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

magAssist Attended 2023 ISMCS to Showcase its Next-Gen Medical Solutions that Improve Treatment Outcomes of Critical Heart Diseases

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SUZHOU, China, Nov. 29, 2023 /PRNewswire/ — Earlier this month, magAssist Co.,Ltd. ("magAssist" and "the Company"), a leading medical developer of extracorporeal life support devices in China, attended the 29th annual meeting of the International Society for Mechanical Circulatory Support (ISMCS) as a corporate member. The conference, held in Dallas, Texas, from October 30 to November 1, 2023, served as a crucial platform for scientific exchange in the field of mechanical circulatory support, and saw magAssist introduce its latest innovation – NyokAssist – an interventional ventricular assist device which has completed its first-in-human (FIM) procedure in China this August.

Held once a year, the ISMCS gathers global experts and scholars in the circulatory mechanical industry under the same roof, fostering collaboration to explore research, development, clinical applications, and social acceptance of rotary blood pumps and related mechanical circulatory support systems. It aims to help develop technologies, applications, and clinical procedures for rotary blood pumps and associated systems, enhancing the life quality for recipients and ensuring cost-effective access to emerging therapies. ISMCS is also a supporter of the world’s first competition dedicated to artificial heart design, Heart Hackathon, which is sponsored by MedTech industry leaders including magAssist that help catalyze cardiovascular innovation.

During the meeting, magAssist showcased how the company’s latest technological breakthroughs bridge the clinical gaps and address the unmet medical needs of patients suffering from severe heart diseases. Dr. Thomas George Logan, magAssist’s Chief Engineer and Chief Scientist, who was also one of the juries of the Heart Hackathon, has provided updates on the groundbreaking innovations of magAssist’s product NyokAssist.

NyokAssist: The New Generation of Interventional VAD

Earlier in August, NyokAssist completed its first-in-man procedure. The FIM use of NyokAssist which supports high-risk percutaneous coronary interventions (PCI) was completed by Dr. Junbo Ge and his colleagues from Zhongshan Hospital in Shanghai, with the procedure performed on a man in his 40s with coronary artery disease, heart failure, type II diabetes, and post-PCI. Given the patient’s high surgical risk, Dr. Ge’s team decided to perform PCI with NyokAssist, which delivered a safe and effective result throughout the procedure, providing an average flow of more than 3L/min and maintaining stable blood pressure. The patient was discharged two days later. (Note: The patient’s information has been authorized by the patient’s consent and has been anonymized to ensure the protection of individual confidentiality.)

Marking a new milestone for magAssist, NyokAssist’s successful FIM procedure follows the announcement that the device has received U.S. Food and Drug Administration (FDA) Breakthrough Device designation, a recognition that underscores the pioneering features of NyokAssist and reconfirms magAssist’s position as a pioneer in the landscape of advanced medical devices.

MoyoAssist:A Lifesaving Solution for Heart Failure Patients

Also participated as one of the corporate delegates, IFan Yen, the Vice President of magAssist R&D Department, addressed the unmet medical needs for patients suffering from severe heart diseases and provided latest updates on MoyoAssist Extra-VAD.

"Cardiovascular diseases claim over 17.9 million lives annually, representing over 30% of global deaths, exceeding 40% in China, according to the World Health Organization. In response to this significant health challenge, we developed our first high-tech Class III product, MoyoAssist Extracorporeal Ventricular Assist Device, which offers reliable, lifesaving alternatives for heart failure patients with better clinical outcomes," said IFan.

Equipped with a disposable pump head, full maglev motor, and a portable console, MoyoAssist can offer up to 30 days of support time, designed for patients with AMI-CS, PCCS, BTT, and Bi-ventricular heart failure. The device harnesses advanced computational fluid dynamics and full maglev technology to achieve optimal hemocompatibility, significantly reducing the risk of device-related thrombosis, coupled with an advanced flow path design that provides effective perfusion of all the organs for MODS patients.

"It is an honor for magAssist to be a corporate member of ISMCS and the industry partner of Heart Hackathon that fuel transformative changes in the field. As a MedTech innovator that strives to empower healthcare professionals to offer better treatments to patients with state-of-the-art technology and services, our mission aligns with the aims of the two events through which we aspire to further ignite inspiration for the next-gen lifesaving solutions," said IFan.

"At the core of magAssist’s mission and industry standing lies a deep commitment rooted in cardiac care. Since its establishment, magAssist has remained dedicated to advancing medical technology and has applied for over a hundred patents, propelling the development of medical technology through innovation, research, and patient-centric solutions. In pursuit of creating a multi-organ support platform that allows global patients to access cost-effective and high-quality treatments, we continue to bring more value for healthcare professionals and the medical device industry as a whole," IFan added.

To learn more about magAssist product updates , please visit:

magAssist’s NyokAssist™️ granted Designation by the FDA as a Breakthrough Device (prnewswire.com)

First Patient with NyokAssist™ Interventional Ventricular Assist Device: Dr. Junbo Ge’s team successfully completed the first high-risk PCI treatment supported by the new generation of interventional VAD (prnewswire.com)

MoyoAssist® Extra-VAD, a Promising Solution for Short-to-Medium-Term Ventricular Assist for China NMPA trial, Showcased at 4th Academic Annual Conference of CSBE (prnewswire.com)

About magAssist

magAssist is one of the leading medical device companies in the healthcare industry, focused on developing circulatory support devices for acute/severe cardiac and pulmonary failure. Our products include extracorporeal ventricular assist device (extra-VAD), interventional ventricular assist device, extracorporeal membrane oxygenation systems (ECMO), and organ care systems. Our first product MoyoAssist Extra-VAD has completed clinical trials in China. NyokAssist Interventional VAD, the innovative product, has been designated as a breakthrough device by the FDA. Moving forward, magAssist is dedicated to providing valuable technology for patients and clinicians worldwide.

Disclaimer:

magAssist products have not yet received approvals from either the U.S. FDA or China NMPA at this stage. The content is intended solely for informational purposes, with a focus on providing information including industry and academic exchange. It is not intended for advertising and should not be considered as an advertisement, either explicitly or implicitly. Nor shall it be considered for any purpose of offering to sale or sale. For precise information, please seek guidance from a healthcare professional.

 

Source : magAssist Attended 2023 ISMCS to Showcase its Next-Gen Medical Solutions that Improve Treatment Outcomes of Critical Heart Diseases

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Experience the Magic of the French Christmas Market by Taste France at its Third Edition

Experience the Magic of the French Christmas Market by Taste France at its Third Edition

HONG KONG SAR – Media OutReach – 29 November 2023 – Get ready to immerse yourself in the enchanting spirit of the holiday season at the highly anticipated third edition of the French Christmas Market by Taste France. As the most wonderful time of the year approaches, what better way to indulge in the abundance of Christmas cheer than at this extraordinary event?

French Christmas Market

Taste France, a brand introduced by The French Ministry of Agriculture and Food from France in 2020, is dedicated to showcasing the French way of life on a global scale. Its mission is to offer people from all walks of life the opportunity to savour authentic French food and beverages through a series of engaging events and platforms, while highlighting the numerous advantages of France’s culinary heritage: exceptional expertise in agriculture, agri-food, and gastronomy; rigorous health, safety, and environmental standards; and a steadfast commitment to innovation.

From December 8th to 10th, 2023, visitors to the Asia Society Hong Kong Center’s Admiralty campus will be transported to a world of delights as they explore an array of food and beverages of French origin, all while enjoying captivating entertainment.

“After the success of the French Pavilion during the Wine & Dine Festival earlier this year, we can definitely see the Hong Kong consumers looking for more outdoor and foodie events,” says Julia Iaconelli, in charge for the implementation of the Taste France campaign by HOPSCOTCH SOPEXA.

Throughout the three-day extravaganza, attendees will have the opportunity to witness captivating demonstrations. They will be encouraged to embark on a culinary journey, exploring a delightful selection of wines, seafood, confectionery, and specialty foods, while partaking in a range of French-inspired activities. The festive celebration will feature a splendid fusion of vibrant decorations and mouthwatering sweet and savoury delicacies, creating an idyllic setting for merry-making with loved ones.

Mark your calendars and join us for this extraordinary event! The French Christmas Market by Taste France promises to be a truly magical experience, capturing the essence of the holiday season while celebrating the richness of French culinary traditions.

Register for free HERE.

À bientôt!

SPONSORS & PARTNERS:

Bon-Eat-O – Bon-Eat-O is a Grocery Mobile App, a one single platform to fill up your fridge. Best quality for the best available prices direct from fine wholesalers.
www.boneato.hk

Bonne Maman Bonne Maman was founded in a small village nestled in a beautiful region in the Southwest of France known for its superior fruit. Inspired by time-honoured family recipes, love of homemade food and the wish to bring people closer every day, these values are still at the core of Bonne Maman.
https://bit.ly/3MWtdub

Maison Argaud – No one does fine delicacies as the French do. Food lovers can enjoy the fine taste of high-quality and traditional products with natural ingredients with Maison Argaud.
http://maisonargaud.hk/

Vins de Bordeaux – The Conseil Interprofessionnel du Vin de Bordeaux (CIVB or Bordeaux Wine Council), founded in 1948, represents the three families of the Bordeaux wine industry: winegrowers, wine merchants and brokers.
https://www.bordeaux.com/gb

Vines & Terroirs – For an authentic experience of the estates and French Terroirs, enjoy a glass of wine that has been carefully curated by the team at Vines & Terroirs through their connections.
https://vinesandterroirs.com/

Wine To Love – ‘Wine To Love’ starts with the Love for French Wine, specially from Bourgogne. Our wines are positioned as good quality from small family wineries which have limited production only for export. We believe: “No need to pay extra to enjoy extraordinary wine.
https://www.winetolove.com/

BÉABA – If you are looking for baby care cookware, with a focus on safety, functionality, and ergonomics, BÉABA is known worldwide for its unique ability to create innovative products for the baby care industry with a focus on design and technology.
https://beaba.com.hk/

Magazine: https://www.tastefrance.com/
Business information: https://tastefranceforbusiness.com/contact/

Hashtag: #TasteFrance

The issuer is solely responsible for the content of this announcement.

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This content was prepared by Media OutReach. The opinions expressed in this article are the author's own and do not reflect the view of Siam News Network.

FOR SALE BY PRIVATE TREATY: APEX @ HENDERSON – PORTFOLIO OF 6-ADJOINING FREEHOLD, TOP FLOOR CORNER B1 STRATA INDUSTRIAL UNITS WITH MEZZANINE

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SINGAPORE, Nov. 29, 2023 /PRNewswire/ — Brilliance Capital proudly presents a unique and rare offering — a portfolio comprising six adjoining freehold corner duplex B1 strata industrial units located on the top floor of Apex @ Henderson. Situated at the convergence of Jalan Bukit Merah and Henderson Road, this remarkable development stands prominently at the southernmost fringe of the Central Business District.


FOR SALE BY PRIVATE TREATY: APEX @ HENDERSON – PORTFOLIO OF 6-ADJOINING FREEHOLD, TOP FLOOR CORNER B1 STRATA INDUSTRIAL UNITS WITH MEZZANINE

Strategically positioned, the property is a street away from Bukit Merah Central, within walking distance to Redhill and Tiong Bahru MRT stations, and well-connected via Ayer Rajah Expressway and Central Expressway. With easy access to key locations like One North & Science Park, Orchard Shopping Belt, and the Great Southern Waterfront, the property accommodates occupants from various sectors, including Home & Furnishing, Telemedical, and Consultants.

Built with quality finishes and a modern façade design, Apex @ Henderson obtained its Temporary Occupation Permit circa 2015. The development features dedicated drop-off points, sheltered car parking with ample lots, EV charging stations, and modern lobby areas. Lifestyle amenities, including a lap pool, gymnasium, barbeque pits, and a sauna room, which are rarely found in industrial buildings. The development is well served by 6 passenger lifts and 2 service lifts.

The six adjoining corner units, configured in a Northeast orientation on the 9th floor, are currently utilized as a unified postproduction setup. They include a reception area, open office space, partitioned offices, conference rooms, pantry area, discussion areas, senior management room with ensuite bathroom, storage area, private terraces with balconies, male & female washrooms, and a dedicated server room. The mezzanine level features a general production area, meeting rooms, partitioned offices, and a break-out area. All units boast approximately 6.5m full-height glass windows for ample natural lighting and scenic views.

Offered for sale on a vacant possession basis, the extensively renovated units present an attractive turnkey solution, and can benefit the incoming buyer, as well as streamlining the leasing process for potential tenants should the buyer chooses to lease out the units.

Ms. Sammi Lim, Founder and Executive Director of Brilliance Capital Pte Ltd, remarked, "Such a B1 industrial strata portfolio that comes with 6 adjoining corner units with mezzanine level is rare to come by in today’s market. Given its prime city fringe location, relatively new completion and freehold tenure, we expect strong interest from both investors and especially so from owner-occupiers who are able to tap on this opportunity to purchase a grandiose turnkey industrial asset in one of Singapore’s most desirable privately developed light industrial estates.

With limited freehold B1 supply and the development’s convenient accessibility, it is poised for robust capital and rental appreciation. This is an enticing investment opportunity for forward-thinking investors too. The 6 individual strata titles also provide flexibility for the buyer to sell down the units on a piecemeal basis or rent them to multiple tenants. We anticipate keen interest from industrialists, both local and overseas corporates, institutional funds, private funds, family offices, and ultra-high net worth individuals.

Based on the guide price of S$16.3 million, translating to approximately S$1,044 per square foot on the strata area, this pricing is attractive for a quality B1 new build with freehold tenure, considering the tight supply conditions in the industrial assets market. Real estate remains a good hedge against inflation, attracting buyers from both local and overseas wealth markets. Furthermore, the government’s cooling measures in April 2023, which increased the Additional Buyer’s Stamp Duty for foreigners purchasing any residential property from 30% to 60%, have heightened foreign investors’ interest in alternative real estate options, such as commercial and industrial properties.

Overall, Singapore’s strategic location, stable political and economic environment, a strong and deep talent pool, proximity to key high-growth markets, and vibrant business ecosystem make it an attractive location for large multinational companies, international retailers, and service providers looking to establish a presence in Southeast Asia. This unique asset is strategically positioned to capitalize on the potential upside in Singapore’s industrial real estate sector."

As an Industrial ‘Business 1’ zoned property, this purchase is open to both local and foreign buyers with no additional buyer’s stamp duty (ABSD).

Brilliance Capital is the sole marketing agent for this sale.

About Brilliance Capital Pte. Ltd.

Brilliance Capital is a full-service real estate agency that assists and advises ultra-high net worth individuals, local and foreign family offices, as well as property developers, publicly listed companies, and local and overseas private funds on the purchase and sale of real estate assets. Founded and led by Sammi Lim, the firm engages the industry’s most elite professionals, and boasts a dynamic team of agents specializing in the sale and leasing of the entire spectrum of properties which include residential condominiums, landed houses, commercial properties, industrial assets, collective sales, as well as consultancy and advisory services.

Source : FOR SALE BY PRIVATE TREATY: APEX @ HENDERSON – PORTFOLIO OF 6-ADJOINING FREEHOLD, TOP FLOOR CORNER B1 STRATA INDUSTRIAL UNITS WITH MEZZANINE

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

South Korean oil-less bearing manufacturer SGO to participate in the MANUFACTURING INDONESIA 2023

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SEOUL, South Korea, Nov. 29, 2023 /PRNewswire/ — SGO, a Korean oil-less bearing manufacturer, is expanding its business to the Indonesian and Southeast Asian markets by participating in MANUFACTURING INDONESIA 2023, an international manufacturing machinery, equipment, materials, and services exhibition held at Jakarta International Expo Kemayoran, Jakarta, Indonesia from December 6 to 9, 2023.

MANUFACTURING INDONESIA is Indonesia’s largest international machinery exhibition that provides a professional business platform for the manufacturing industry in Indonesia and Southeast Asia. SGO, a Korean company specializing in oil-less bearing, participated in MANUFACTURING INDONESIA 2022 and exported textiles, tile machinery, ships, construction machinery, etc. The exhibition ended successfully with interest and visits from customers in various industries.

By replacing the roller bearings used in PALM OIL MILL’s transportation machine wheels with oil-less bearings, SGO has achieved shortened maintenance periods and reduced costs. The brand SGO has been promoted not only in Indonesia but also in neighboring countries such as Malaysia and Papua New Guinea. SGO, which has been knocking on the door of the Southeast Asian market since 2018, once again confirmed Indonesia’s marketability through last year’s exhibition and decided to re-participate in MANUFACTURING INDONESIA 2023.

At MANUFACTURING INDONESIA 2023, SGO, a Korean oil-less bearing manufacturer, plans to introduce and export Self-Lubricating Multilayer Composite Bearings in addition to its current main export product, brass oil-less bearings. Self-Lubricating Multilayer Composite Bearings layer materials such as PTEE, polymer, and bronze onto steel-backing for use in printing machines, weaving machines, and construction equipment. SGIO plans to expand the range of bearing choices by introducing Dry Bearings, Pre-Lubricating Bearings, Bi-metal Bearings, and Bronze Wrapped Bearings to industry customers at the event.

Founded in 2000, SGO mainly manufactures oil-less bearings and with one-stop process facilities ranging from purchasing raw materials to casting, extruding materials, and bearing processing, SGO is a technology-competitive company with 16 patents at home and abroad, providing value to customers in various industries in more than 30 countries around the world, including major exporters and technology powerhouses such as the US, Japan, and Germany.

The upcoming events that SGO will participate in are as follows:

1. Indonesia

Manufacturing Indonesia 2023 (https://www.manufacturingindonesia.com/)

– Period: 2023.12.6-2023.12.9
– Venue: Jakarta International Expo, Jakarta, Indonesia

2. India 

1) PLASTIVISION 2023 (https://www.plastivision.org)

– Period: 2023.12.7-2023.12.11
– Venue: Bombay Exhibition Centre, Mumbai, India

2) EXCON 2023 (https://www.excon.in)

– Period: 2023.12.12-2023.12.16
– Venue: BIEC, Bengaluru, India

CONTACT: 
Email: [email protected]
Tel.+82-32-813-3401

Source : South Korean oil-less bearing manufacturer SGO to participate in the MANUFACTURING INDONESIA 2023

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

Baraja announces availability of integrated components for new-to-world Doppler RMCW Spectrum-Scan™ LiDAR

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PALO ALTO, Calif., Nov. 29, 2023 /PRNewswire/ — Baraja, creator of the breakthrough Spectrum-Scan™ LiDAR technology, announces the availability of A-Samples of all the integrated components necessary to build a new-to-world Doppler RMCW Spectrum-Scan™ LiDAR for automotive integration.

A LiDAR has two main jobs to perform: measure distance (ranging) and steering a light (scanning), and it’s a complex system that integrates electronics, optics, photonics, advanced software algorithms for signal processing with the rigor of industrial quality and automotive cost and scale.

"Multiple heterogeneous sub-systems are contained in a LiDAR, this would require each sub-system’s integration via completely different classes of chips and using different processes. Baraja announces today that all the different chips and integrated components (Tx, Rx, Amplification, Processing and Steering) to build the highest performance LiDAR offering, including Doppler velocity, are now available as A-Samples for integration" said Federico Collarte, Baraja CEO, "we’ve made it really simple to plug-and-play the components to get the best performance LiDAR and the beauty of the solution is that the technologies developed to get to these chips self-reinforce and make possible further integration in the future".

Light amplification – the SOA

The Semiconductor Optical Amplifier (SOA) integrates the amplifier chip, together with a custom-developed high-efficiency Thermo-electric cooler into a hermetically sealed and automotive-grade package and it’s able to amplify the laser light to achieve the >200m range requirements, while being mass-produceable (chip process) and 50-80x smaller and lower power consumption compared to fiber amplifiers used by legacy 1550nm LiDAR, including Baraja’s own Off-Road first generation product.

Light emission and reception – the BOSA

The Bidirectional Optical Sub-Assembly (BOSA) integrates 3 types of chips in an automotive-grade, hermetically sealed and temperature controlled enclosure (3×3.5cm). These chips are: the laser chip (InP), the homodyne receiver chip (silicon photonics) and the TIA chips (silicon). These, plus micro optics and automotive-grade Thermo-electric coolers deliver an end-to-end solution to produce and receive the wavelength-tuneable laser light that is the hallmark of Spectrum-Scan™, so in a sense the BOSA also partially integrates the "steering" job of the LiDAR.

Development process

Developing optical sub-assemblies and "chips", if done well is about a 36-month process. "I’m pleased to share that now with our A-Samples available, we’re right on track to launching Spectrum HD 2025 C-samples/General Availability in 2025, and if you want to have access to this truly transformational technology it’s a great time to work together" said Cibby Pulikkaseril, Baraja CTO.

About Baraja

At Baraja, we move light so you can move mountains. For information please visit www.baraja.com/en/blog/power-of-integration

Source : Baraja announces availability of integrated components for new-to-world Doppler RMCW Spectrum-Scan™ LiDAR

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This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network

CHT Security Applauded by Frost & Sullivan for Its Market-leading Position and Helping Organizations Bolster Their Overall Security Posture and Resilience

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2023 Taiwan Cybersecurity Services Company of the Year Award

CHT Security’s holistic approach empowers customers to respond swiftly to attacks, gain insights, and proactively prevent future incidents.

SAN ANTONIO, Nov. 29, 2023 /PRNewswire/ — Frost & Sullivan recently assessed the cybersecurity services industry and, based on its findings, recognizes CHT Security with the 2023 Taiwan Company of the Year Award. The company is a leading managed security service provider (MSSP) based in Taiwan and is at the forefront of the cybersecurity industry, offering various security services to meet the growing need for robust and dependable IT security solutions. CHT Security distinguishes itself as Taiwan’s sole MSSP that seamlessly integrates a security operations center (SOC) with managed detection and response (MDR) services. Specializing in cybersecurity solutions tailored to the telecommunications sector’s unique needs, the company adeptly addresses the industry’s growing security requirements.


2023 Taiwan Cybersecurity Services Company of the Year Award

CHT Security provides security validation services to ensure clients’ protection mechanisms function effectively. This helps clients confirm the robustness of their cybersecurity measures and identify any gaps or vulnerabilities that require attention. CHT Security continuously explores and implements emerging technologies such as IoT, operational technology, zero-trust architecture, and software-as-a-service, positioning itself as a valuable partner for clients seeking to secure cutting-edge technologies. This capacity for innovation and customization also adds a unique dimension to CHT Security’s service offerings.

Vivien Pua, cybersecurity senior industry analyst at Frost & Sullivan, observed, "CHT Security’s approach to building and strengthening brand equity centers on a commitment to cutting-edge technology, customer-centricity, and external validation and recognition. These factors collectively contribute to a positive brand image, trustworthiness, and competitiveness in the cybersecurity community."

CHT Security offers a wide range of solutions that cover the entire spectrum of cybersecurity challenges. Its extensive services cater to diverse security needs, establishing it as a one-stop destination for cybersecurity solutions. CHT Security’s SOC and MDR services, in conjunction with security orchestration, automation, and response (SOAR) technology integration and incident response (IR) playbook development, enhance organizations’ ability to detect, respond to, and prevent cybersecurity incidents efficiently, ultimately bolstering their overall security posture and resilience. CHT Security has served government organizations, over 200 large enterprises, and over 20,000 small and medium enterprises. Additionally, it conducts thorough testing of over 1,000 systems annually. This rich experience equips it with the knowledge and expertise to address its clients’ diverse and evolving cybersecurity challenges.

"CHT Security provides a unique value proposition through its telecommunications-centric solutions, the seamless integration of the security operations center and managed detection and response services, rigorous security validation, various top-notch in-house tool developments, and advanced threat detection capabilities. These distinctive offerings establish CHT Security as a competitive leader and innovator in the field, providing tailor-made solutions that precisely address the specific requirements of its clients," added Norazah Bachok, best practices research analyst at Frost & Sullivan.

Each year, Frost & Sullivan presents a Company of the Year Award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:
Tarini Singh
P: +91-9953764546
E: [email protected]

About CHT Security
CHT Security is the leading MSSP in Taiwan providing telco-centric solutions and comprehensive cybersecurity services. CHT Security now increases its market presence expands its operations overseas to regions such as Thailand, Vietnam, America, and South Africa. For more information please visit www.chtsecurity.com.

Contact
Karen Chen
P: [email protected]
E: +886 2 2343 1628

Source : CHT Security Applauded by Frost & Sullivan for Its Market-leading Position and Helping Organizations Bolster Their Overall Security Posture and Resilience

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