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21st Edition of Manufacturing IT Summit: Indonesia

JAKARTA, Jan 16, 2023 - (ACN Newswire via SEAPRWire.com) - After successful 20 editions of Manufacturing IT Summit, Exito is all set to host another milestone event- the 21st Edition of Manufacturing IT Summit, an in-person event which serves as an ideal platform to enhance the experience to "Re-imagine, Innovate, and Transform". The Manufacturing IT Summit is a by invite only in-person event exclusively for Technology leaders from leading businesses, institutions and government officials representing Indonesia's manufacturing sector. Recent data from the Ministry of Industry has indicated that the manufacturing sector has had the largest contribution to its GDP. Indonesia aspires to be a top 10 economy by 2030, with net exports to be its growth engine.The next 15 years is forecasted to be the Golden Age for Indonesia as it will realise a demographic bonus peak. Accelerating growth of the manufacturing sector is critical, with the Indonesian government planning to implement industry 4.0 through the Ministry of Industry's Making Indonesia 4.0 roadmap.Manufacturing IT Summit Indonesia aligns itself with Indonesia's national goals and is a leading networking conference, gathering the most influential of these technology leaders to explore synergies and discuss today's biggest technological challenges, fostering deeper collaboration, and generating new ideas.This conference will bring together over 150 C-Level Executives, Directors, and Heads of Technology, to discuss the critical technology issues affecting today's manufacturing industry.Speakers like Ir. Ignatius Warsito, Minister's Expert Staff for Strengthening Domestic Industry Capabilities, Acting Director General of Chemical, Pharmceutical and Textile Industry, Ministry of Industry, Republic of Indonesia, Chairul Saleh, Director of Community Development & Entrepreneurship, Coordinating Ministry for Economic Affairs, Republic of Indonesia, Salil Dutt, Chief Technical Adviser, United Nations Industrial Development Organization (UNIDO), Raine Renaldi S.IIP, Chief of Digital Assest Committee, KADIN President, ID-OPENTECH Group, Republic of Indonesia, Juan Kanggrawan, Head of Product, Tribe & Data, Indonesia National Ministry (GovTech) and Smart Cities, Republic of Indonesia, Wilbertus Darmadi, CIO, Toyota Astra Motor, Mochamad James Falahuddin, Executive Director, Indonesia Blockchain Society among many others will be sharing their experiences and expertise at the summit.Event registration has commenced for Delegates and Sponsors.- The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on 15th & 16th of February.Register Now to engage at this grand event as the slots are filling up fast.To know more about the event, www.manufacturingitsummit/indonesiaAbout Exito:We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries.We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection! Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Global pharma giants partner Singapore researchers to boost innovation in biologics and vaccines manufacturing

SINGAPORE, Dec 6, 2022 - (ACN Newswire via SEAPRWire.com) - Leading pharma companies GSK, Sanofi and Takeda will partner with research communities from the Agency for Science, Technology and Research (A*STAR); National University of Singapore (NUS); Nanyang Technological University, Singapore (NTU Singapore) and its innovation and enterprise company, NTUitive; and Singapore Institute of Technology (SIT) to boost Singapore's biologics manufacturing capabilities.BioPIPS MOU signing ceremonyTheir partnership will be formalised through the Biologics Pharma Innovation Programme Singapore (BioPIPS), a consortium initiated by A*STAR with support from the Singapore Economic Development Board (EDB).BioPIPS seeks to use research and innovation to grow Singapore's manufacturing capabilities for biologics, which include recombinant therapeutic proteins, and vaccines. Amid the COVID-19 pandemic, biologics and vaccines played a critical role globally in preventing severe disease and saving lives.The consortium will bring together leading industry experts and Singapore's research ecosystem to enhance manufacturing productivity, improve operational efficiency and achieve sustainability goals. The consortium ultimately aims to make Singapore's biologics manufacturing capabilities best-in-class and well-positioned for the introduction of new products and novel manufacturing technologies."New opportunities will emerge as the biomanufacturing industry undergoes major changes brought about by the rapid pace of digitalisation, Industry 4.0, and the need for greater sustainability. As Singapore makes biopharma production a priority area in its Research, Innovation and Enterprise 2025 Plan, A*STAR aims to contribute our R&D capabilities through BioPIPS to help make the local biomanufacturing industry become more agile and better positioned to benefit from new products and technologies," said Professor Lim Keng Hui, Assistant Chief Executive, Science and Engineering Research Council, A*STAR."Riding on the success of PIPS, BioPIPS aims to enhance Singapore's innovation capabilities in biologics and vaccines manufacturing by leveraging the strengths of our leading pharmaceutical companies and institutes of higher learning. The programme will develop highly productive, sustainable and advanced production technologies and solutions. We look forward to deepening partnerships with like-minded companies to strengthen Singapore's position as a global biopharma manufacturing hub," said Mr Tan Kong Hwee, Executive Vice President, EDB.Specifically, BioPIPS will have three workstreams.- The Sensing and Modelling workstream aims to harness machine learning and mechanistic modelling technologies, together with smart sensors, to enable simplified and faster workflows. Data analytics will enable the effective translation of process knowledge gained into performance improvements, which in turn benefits the overall manufacturing process.- The Sustainability workstream focuses on tackling sustainability challenges in biologics and vaccines manufacturing, which typically utilises single-use (disposable) equipment due to the extremely sterile environment needed for product purity. This workstream will explore the use of novel materials and circular economy approaches to address this challenge, as well as models to promote more sustainable and resilient supply chains.- The Compliant Agility workstream focuses on the removal of manual tasks to achieve greater productivity in the manufacturing facilities while maintaining compliance status, by using solutions like robotics and advanced analytics.BioPIPS is in line with Singapore's Manufacturing 2030 vision, which aims to anchor leading manufacturing activities to grow the country's manufacturing value-add by 50 per cent from 2020. The solutions developed through BioPIPS will also enhance Singapore's capabilities to meet the growing global demand for biologics and vaccines, as well as equip pharmaceutical companies here with the resources to scale up and respond more rapidly to future pandemics."By collaborating to tackle common challenges, we can leverage diverse skills and capabilities to create a sustainable manufacturing environment in Singapore. We also look forward to developing new ways to monitor and control our processes and automate our manufacturing operations," said Chan Siong Wan, Site Director, GSK."Sanofi is building a next generation manufacturing site, the EVolutive Facility, in Singapore, which will bring advanced digital and modular vaccine production capabilities to the Asia region. The BioPIPS programme's focus on transforming biologics and vaccines manufacturing through pre-competitive partnerships is aligned with Sanofi's vision for the EVolutive Facility, to continuously push the envelope of innovation for biopharmaceutical manufacturing," said Mr Koh Liang Hong, Site Head, EVolutive Facility, Sanofi."The objectives of BioPIPS are aligned to Takeda's ambitions of being net carbon zero in our operations by 2035 and how we can tap on data, digital and technology to transform our manufacturing site. We look forward to this partnership with Singapore's research ecosystem to further strengthen our capabilities, and discover new and sustainable ways to develop and manufacture innovative medicine to deliver on Takeda's commitment to Patient, People and Planet," said George Lam, Site Head, Takeda Manufacturing Singapore.BioPIPS builds on the consortium model established by the Pharma Innovation Programme Singapore (PIPS), which was set up to boost Singapore's capabilities for manufacturing of small molecule drugs made of chemical compounds."NUS is delighted to be a member of BioPIPS, contributing our capabilities in areas such as biocatalysis, reactor manufacturing, and digital factory. By leveraging the complementary strengths of A*STAR, EDB, the academia and the pharmaceutical industry, we can create a strong technology foundation for innovations that will bring about compelling improvements in productivity, operational efficiency and sustainability practices in Singapore's biopharma manufacturing sector," said Professor Thorsten Wohland, Director, Research Governance and Enablement, Office of the Deputy President (Research and Technology), NUS."The Covid-19 pandemic has highlighted the need for the biomanufacturing industry to be innovative and agile when dealing with challenges, including future pandemics and disease outbreaks. At the NTU Smart Campus, our scientists have been pioneering advanced solutions such as breathalysers that can detect Covid-19 in two minutes and a semi-autonomous robot that can disinfect surfaces. Such groundbreaking research underlines our commitment to the NTU 2025 strategic plan that aims to solve some of humanity's grand challenges, including addressing the needs and challenges of healthy living and ageing. With our strengths in interdisciplinary research and innovation, we hope to play our part to bolster the sector's manufacturing productivity and operational efficiency in a sustainable manner. We look forward to achieving meaningful results with our partners through this national consortium," said Professor Peter Preiser, Associate Vice President (Biomedical and Life Sciences), NTU Singapore."SIT is excited to be part of BioPIPS, which will inject next-generation process innovation into the local pharmaceutical industry. This partnership will allow SIT to strengthen its applied research capabilities in sustainable biopharma manufacturing technologies. Under this initiative, SIT will explore opportunities to work with manufacturers to apply digitalisation for process optimisation and better regulatory oversight while incorporating environmental considerations to progress production processes for the pharmaceutical industry," said Associate Professor Susanna Leong, Vice President (Applied Research), SIT.Image https://www.acnnewswire.com/topimg/Low_astar20221206.jpgA/Prof Susanna Leong, Vice President (Applied Research), SIT; Prof Thorsten Wohland, Director, Research Governance and Enablement, Office of the Deputy President (Research and Technology), NUS; Prof Ng Huck Hui, Assistant Chief Executive, Biomedical Research Council, A*STAR; Mr Chan Siong Wan, Site Director, GSK; Mr Tan Kong Hwee, Executive Vice President, EDB; Mr Koh Liang Hong, Site Head, EVolutive Facility, Sanofi; Mr George Lam, Site Head, Takeda Manufacturing Singapore; Prof Lim Keng Hui, Assistant Chief Executive, Science & Engineering Research Council, A*STAR; Prof Peter Preiser, President's Chair in Biological Science & Associate Vice President (Biomedical and Life Sciences), NTU Singapore; Mr David Toh, Director and Chief Executive Officer, NTUitive [L-R]For media queries and clarifications, please contact:Owen Sia (Mr)Assistant Head, Corporate CommunicationsAgency for Science, Technology and ResearchTel: +65 6517 7866Email: owen_sia@hq.a-star.edu.sgFabius Chen (Mr)Senior Manager, Corporate Marketing and CommunicationsSingapore Economic Development BoardTel: +65 6832 6125Email: fabius_chen@edb.gov.sgAbout the Agency for Science, Technology and Research (A*STAR)The Agency for Science, Technology and Research (A*STAR) is Singapore's lead public sector R&D agency. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit the economy and society. As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore, and enhances lives by improving societal outcomes in healthcare, urban living, and sustainability. A*STAR plays a key role in nurturing scientific talent and leaders for the wider research community and industry. A*STAR's R&D activities span biomedical sciences to physical sciences and engineering, with research entities primarily located in Biopolis and Fusionopolis. For ongoing news, visit www.a-star.edu.sg.Follow us on Facebook: https://www.facebook.com/ASTARSG/LinkedIn: https://www.linkedin.com/company/astarsg/Instagram: https://www.instagram.com/astarsg/YouTube: https://www.youtube.com/astartvTwitter: https://twitter.com/astarsgAbout the Singapore Economic Development BoardThe Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore's position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore and Singaporeans. For more information on EDB, please visit www.edb.gov.sg. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu Limited, Kawasaki Heavy Industries, Ltd., SAP Japan Co., Ltd., Skillnote Corporation

TOKYO, Nov 22, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu, Kawasaki Heavy Industries Ltd., SAP Japan Co., Ltd., and Skillnote Corporation plan to collaborate on the development of platform services supporting digital transformation (DX) in the manufacturing industry, with a focus on the manufacturing of aircraft, railways, ships, and large machinery. The four companies will combine their experience and know-how in DX, system construction and engineering to create manufacturing platform services that strengthen the supply chain.DX in manufacturing for a more resilient supply chain.Finding ways to respond flexibly to rapid changes in the global economy, including a dramatic reduction in the working age population in many developed countries, represents an ongoing challenge for the manufacturing industry. To this end, the demand for measures to ensure business continuity throughout the supply chain and to standardize and systemize technologies and skills is gaining increasing importance.Many on-site production management tasks still rely on manual labor, however, and especially small and medium-sized manufacturers often face barriers to DX adoption, including trouble securing skilled workers and difficulty in calculating the return on investment. There also remain concerns that the local digitization and systematization of individual companies may create organizational silos that hinder overall optimization of the entire supply chain and operations linked to the engineering chain(1).To address these challenges and to provide a basis for efficient, continuous high-quality manufacturing by using common data and information, Fujitsu, Kawasaki Heavy Industries, SAP Japan and Skillnote plan to develop manufacturing platform services "co-created" with users. Moving forward, the four companies aim to provide subscription-type platform services for user lead system implementation, unified business and unified data that combines high-quality manufacturing management processes already in operation with the community infrastructure among users.1. Features of the platform services(1) Provision of a one-stop business process from the design department to the manufacturing siteIn order to drive the development of the manufacturing industry in the global market, linking the "value" created in the engineering chain to the frontline manufacturing sites in the supply chain, real-time monitoring at the manufacturing sites and feed-back of information to the design department in a fast manner represent important challenges. To achieve this, businesses need to realize tight data coordination between the design department and the manufacturing shop floor, accurate change control as well as visualization of activities.Under the name "Smart-K Project"(2), Kawasaki Heavy Industries, Ltd. Aerospace Systems Company, one of Japan's leading aircraft manufacturers, has standardized the manufacturing process of aircrafts that requires high quality and transparency, and has realized digitization of its business by introducing SAP's "SAP S/4HANA Manufacturing for Production Engineering and Operations (PEO)"(3) provided by Fujitsu and SAP Japan. Within the Smart-K Project, the PEO solution links the manufacturing site with the ERP and PLM systems and the engineering and supply chains in a one-stop manner, enabling real-time understanding of the strict flow down of technology requirements and the current state of the manufacturing site.The four parties aim to leverage the high-quality and efficient business processes cultivated through the Smart-K Project to offer users new platform services that provide value to a wide range of manufacturing supply chains.(2) Helping users to implement systems and improve their DX SkillsThe new platform services aim to provide Fujitsu's system application know-how and contents as a service to enable users to take the lead in the implementation of new systems. It shall further help customers to improve their DX skills to proactively change their operations and continuously improve system operations.(3) Participatory platform servicesIn the area of system implementation, current approaches including "Fit to standard"(4) increasingly aim to reduce the burden on users. While this is an effective method to promote DX and to align business with standard functions, concerns remain that users' requests for system improvements might not be reflected. The new platform services aim to create a new standard by enabling users to share their improvement requests and development priorities.Business operations after the implementation of new systems, especially the role of engineering in the manufacturing industry represent another highly important factor. To this end, the services aim to enhance the value of the platform by providing engineering services such as master creation support necessary for businesses. To maximize the value of the new platform services, the four companies will work on leveraging data on the platform and linking it with various SaaSs. Skillnote provides a SaaS-type service that supports human resource development through skills management, qualification management and training planning at manufacturing sites. With Skillnote's support, the companies will contribute to the further development of the platform services and enable users to link skills management with manufacturing execution of the manufacturing site via the new platform services.2. Roles and responsibilities (including plans)Fujitsu - Construction and operation of platform servicesKawasaki Heavy Industries - Provision of business processesSAP Japan - Provision of applications and platformsSkillnote - Provision of skills management, qualification management and training management solutions for manufacturing sites3. Overview and schedule of the collaborationMoving forward, the four companies plan to build platform services and develop a variety of support services based on hearings with user companies and various organizations. Starting with AeroEdge Co.,Ltd.(5), a manufacturer of components for aircraft engines, the four companies will conduct trials with several companies through the first half of fiscal 2023, with the aim to launch the new services in July 2023.(1) Engineering chain:Work centered on the design department in the manufacturing process.(2) Smart-K:Aircraft manufacturing innovation initiative promoted by Kawasaki Heavy Industries. Fujitsu and SAP Japan introduced SAP's solutions to help streamline aircraft manufacturing business processes.(3) PEO:"Production Engineering & Operation." A method of integrating information on engineering departments and production site management in a one-stop manner to quickly respond to changes in the customer market and quality management at production sites to strengthen competitiveness.(4) Fit to Standard:A method of adapting business operations to ERP standard functions without additional add-on development when implementing ERP systems.(5) AeroEdge Co.,Ltd.:Head office: Ashikaga City, Tochigi Prefecture, Japan; President & CEO: Jun Morinishi.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.About Kawasaki Heavy IndustriesKawasaki Heavy Industries, Ltd. (Kawasaki) is a technology company that is internationally recognized for developing and offering leading technologies and comprehensive solutions for the design and construction of transportation equipment, industrial plants and energy machinery, and manufactures and sells leisure products such as motorcycles. In recent years, the company has also focused on PCR testing services and carbon neutrality with an eye toward the With Corona era, and has addressed a wide range of social issues. https://global.kawasaki.com/en/About SAP JapanSAP Japan was established in 1992 as the Japanese subsidiary of SAP SE. SAP's strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want - without disruption. Our end-to-end suite of applications and services enables business and public customers across 25 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com. SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see www.sap.com/copyright for additional trademark information and notices.About SkillnoteSkillnote Corporation (head office: Chuo-ku, Tokyo; CEO: Takafumi Yamakawa) was founded in 2016 and is a global company providing the Skillnote skill and training management system focused on manufacturing sites. With the vision of "Realize a world where all workers can grow and have a fulfilling career" the company is aiming for the realization of a society where everyone involved in manufacturing works energetically by scientifically analyzing the growth of people working in manufacturing. See www.skillnote-global.com/ for details. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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HG Semiconductor Officially Commences Production of GaN Power Electronics Epitaxial Wafer

HONG KONG, Nov 2, 2022 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group"; stock code: 6908.HK) is pleased to announce that the Group has recently started manufacturing its own 6-inch gallium nitride ("GaN") power electronics epitaxial wafer (the "Wafer"). The successful manufacturing of the Wafer happens far earlier than the expected timetable and paves the way to the Group's quick industrialisation and mass production of GaN third-generation conductors, which represents a major achievement of the Group's business transformation into a supplier of third-generation semiconductor GaN, marking a milestone in the commercialisation of its third-generation semiconductor GaN business.Leveraging its professional expertise, strong scientific team and research and development ("R&D") capabilities in third-generation semiconductor GaN manufacturing, HG Semiconductor has been on its path of strategic transformation in recent years. The Group's technical team has capitalised on their extensive experience to debug production facilities and technology in just three months, and successfully produced the Wafers that reach the high-yield standards of international manufacturers, and subsequently beginning sales of the Wafer. The Group expects to commence pilot production of chips in the second quarter of 2023, and commence mass production by early 2024. In addition, HG Semiconductor has also launched GaN-related fast charging products such as fast charging chargers since the second half of this year. The Group is of full confidence in the prospects of manufacturing and sales of GaN-related products. In recent years, the development of the global semiconductor industry has undergone significant changes. With increasing uncertainty in the external environment, independence and self-control in developing the whole industrial chain is expected become the key development of the domestic semiconductor industry in the future. The report of the 20th National Congress of the Communist Party of China (CPC) also clearly pointed out that scientific and technological progress and professional talents are crucial to the future development of the country. The report implies that the Chinese government will invest a huge amount of financial resources in the technology industry, which in other words, that mainland China will increase its research expenditures on semiconductor technology and speed up the realisation of high-tech self-reliance. Alongside with the strong support from the Chinese national policies, the Hong Kong government will also allocate more resources in the R&D and manufacturing of third-generation semiconductors in the future. The Hong Kong Applied Science and Technology Research Institute (ASTRI) has proposed to invest additional resources to promote the development of national semiconductor industry, underlining the importance of the industry to regional economic development.Third-generation semiconductor epitaxial wafers, being one of the core components in the semiconductor industry chain, are semi-finished product which are to be produced as chips through subsequent processing. The successful manufacturing of the Wafer represents a giant leap to HG Semiconductor in reaching its ultimate goal of mass chip production. The third-generation semiconductor epitaxial wafers are widely adopted in the fields of photovoltaics, energy storage, wind power, automotive electronics, 5G, Internet of Things (IoT) and other end-user applications. The rapid growth and robust market demand has led to further speed up the production of domestic epitaxial wafer production facilities, resulting in an optimistic expectation of a continued massive boom in the entire semiconductor epitaxial wafer industry. The market size of the GaN semiconductor epitaxial wafer reached US$420 million in 2021, and is projected to reach US$1.5 billion by 2028, with a compound annual growth rate (CAGR) of 21.2% from 2022 to 2028. With the favourable government policies, extensive downstream applications and domestic substitution acceleration, the Group will continue to spearhead its R&D and expand its design and manufacturing of third-generation semiconductor business and system applications, with a view to achieving breakthroughs in the domestic substitution technology in the future, thereby becoming a leading integrated device manufacturing ("IDM") enterprise covering full-chain operation including R&D, manufacturing, packaging, testing, and sales of semiconductors. The management of the Group is confident in the development of its third-generation semiconductor business and believes that GaN has tremendous advantages in emerging applications such as new energy automotive industry. Currently, the Group's epitaxial wafer products have now officially entered full-scale production, together with the strong execution capability and rich experience in mass production of the Group's technical team, it is believed that the semiconductor chip business will gradually bear fruits. At earlier time, the Group formally entered into a shares subscription and warrants subscription agreement with Mr. Zhu Gongshan, the Founder, Chairman and Executive Director of GCL Technology Holdings Limited (Stock code: 3800.HK), and subsequently entered into a strategic cooperation framework agreement with GCL Group Limited, a discretionary trust of Mr. Zhu Gongshan and his family members as beneficiaries, under which both parties will cooperate closely in the application of GaN chips in the new energy sector and accelerate the deployment in the GaN industry chain. The management of the Group believes that the tremendous opportunities and market demand in the semiconductor industry will bring more opportunities to the Group. It is expected that the Group will embrace a high-growth period, striving to provide the best returns to its shareholders in the long run.About HG Semiconductor LimitedHG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads and a new generation of semiconductor gallium nitride ("GaN"). The Group is committed to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips, as well as providing total solutions with higher efficiency and competitive system cost.For more details, please visit www.hg-semiconductor.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Eisai Completes Construction of Its New Injection/Research Building at Kawashima Industrial Park in Japan

TOKYO, Oct 4, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced that, as part of the strategic investment towards the realization of its medium-term business plan "EWAY Future & Beyond", it has completed construction of the new injection/research building "Eisai Medicine Innovation Technology Solutions" ("EMITS") at the Kawashima Industrial Park located in Gifu Prefecture, Japan.External view of EMITSEMITS will be Eisai's global base for formulation and modality research. In recent years, Eisai's drug discovery targets have expanded to include modalities such as antibodies, antibody drug conjugates (ADCs), and nucleic acid drugs, in addition to conventional small molecule compounds. At EMITS, Eisai will strengthen its injectable drug formulation development research function and drug delivery system (DDS) development function, including liposomal and lipid nanoparticle formulations, and address the development of various modalities. The following initiatives will be implemented. - Elevating the quality and speed of formulation process research through introduction of a state-of-the-art manufacturing data management system and utilization of AI- Installation of facilities that also enable the manufacturing of clinical trial materials in order to manufacture investigational injection drugs in-house- Introduction of rapid microbial testing methods for advanced microbiological control and sterility assurance- Enhancing collaboration with the creation of flexible space that can also be used for collaborative research with external partners and technologiesThrough these efforts, Eisai aims to elevate the quality of the technology and knowledge of its formulation research function, and to become a base for disseminating innovation, technology, and solutions relating to formulations. The aggregate investment in the construction of EMITS is approximately 10 billion Japanese yen. The Kawashima Industrial Park is Eisai's global pharmaceutical manufacturing base, at which Eisai has made a comprehensive framework comprising all steps from formulation research to formulation manufacturing. Through the construction of EMITS, Eisai aims to elevate the quality of its formulation research and formulation manufacturing, accelerate medicine creation activities, and ultimately further its contribution to improving the benefits of patients and their families. Media Inquiries:Public Relations Department,Eisai Co., Ltd.+81-(0)3-3817-5120For more information, visit www.eisai.com/news/2022/news202273.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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CNERGENZ Posts RM76.58 Million in Revenue for 2Q FY2022

PENANG, Malaysia, Aug 17, 2022 - (ACN Newswire via SEAPRWire.com) - CNERGENZ Berhad, an established electronics manufacturing solutions provider based in Penang, announced today that the Company recorded revenue of RM76.58 million for the second quarter ended 30 June 2022 (2QFY2022) on higher sales of standalone surface mount technology (SMT) machines and provision of integrated solutions due to continued demand from manufacturing activities in the electronics and semiconductor industries (E&S Industries). On a cumulative basis, the Company recorded revenue of RM113.48 million and net profit (PAT) of RM12.94 million for the 6-month period ended 30 June 2022.Mr. Lye Yhin Choy, Chief Executive Officer of CNERGENZ BerhadOn a segmental basis, standalone SMT machines and equipment sales contributed 51.03% of the total revenue while provision of integrated solutions contributed 44.85% for the 2QFY2022.Meanwhile, the Company's profit before tax (PBT) for the 2QFY2022 had doubled to RM12.35 million as compared to the immediate preceding first quarter ended 31 March 2022 (1QFY2022) PBT of RM4.87 million. This resulted in the Company recording PAT of RM9.30 million for the 2QFY2022, which represents an increase compared to RM3.64 million recorded in the immediate preceding 1QFY2022.Chief Executive Officer of Cnergenz, Mr. Lye Yhin Choy said, "We continue to see a steady inflow of orders in the recent quarter for our integrated solutions and standalone SMT machines and equipment in the Malaysian, Thai and Vietnamese markets where we operate despite the global headwinds that the technology sector is encountering, attributed to the gradual reopening of economies in these countries which have contributed to increased sales and new enquiries for our products and solutions. We believe that the inflow of orders will continue to grow following the recent global uptick in sales of semiconductors, particularly during the second quarter of 2022, coupled with the continued demand for our solutions and products amongst industry players within the E&S Industries.On operational front, we have entered into a conditional sale and purchase agreement with the Penang Development Corporation for the acquisition of a parcel of industrial land in Penang. Upon completion of the acquisition, we intend to embark on the construction of our new facility by channelling our initial public offering proceeds, which will enable us to scale up our operations, develop and market a wider range of smart manufacturing solution offerings.As of 30 June 2022, we have secured purchase orders totalling RM72.60 million, out of which RM61.16 million are expected to be fulfilled by the end of 2022 and RM11.44 million are expected to be fulfilled by the end of 2023." About CNERGENZ BerhadCNERGENZ Berhad (CNERGENZ) was incorporated in Malaysia on 6 August 2021 as a private limited company under the name CNERGENZ Sdn. Bhd. and assumed the present name upon conversion to public company on 23 September 2021.The Group is principally an investment holding company. Through its subsidiary, SiP Technology Sdn. Bhd., CNERGENZ is an electronic manufacturing solutions provider, specialising in surface mount technology (SMT) manufacturing solutions for the electronics and semiconductor industries (E&S Industries). The Group's solutions and services are typically provided to customers who are looking to commission new integrated production lines or automate their production facilities, based on their operational requirements, budget and capital expenditure.CNERGENZ mainly serves electronics and semiconductor companies that carry out the assembly of the advanced semiconductor packaging products as well as assembly and testing of printed circuit board assembly (PCBAs). For more information, visit cnergenz.com. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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20th Edition of MITS South Africa; Physical Conference on 27 July 2022

Africa, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - After successful 19 editions of Manufacturing IT Summit, Exito is all set to host another milestone event - which serves as an ideal platform to enhance the experience to latest insights in "Re-Imagine| Innovate| Transform". The Manufacturing IT Summit is an ideal platform for IT leaders in South Africa to meet, interact, gain new insights and discuss various methods to overcome the glaring challenges faced by the manufacturing industry. Through engaging panel discussions, insightful keynotes and immersive networking sessions, the event is sure to incite both thought and action at your organization. At the Manufacturing IT Summit, South Africa's top IT leaders will share their best practices and case-studies from their transformation journey.The event will be elated with insightful sessions by the qualified speakers hosting a vast experience in the Manufacturing IT domain. An exclusive one-day closed door conference hosting 120+ CIOs, CISOs,CTOs, CDOs, IT Heads etc to discuss the best practices on manufacturing industry from various enterprises of South Africa.Speakers like John Bosco Arends, Group Head ITO & Chairperson, Chartered CIO Council City of Johannesburg, Juanita Clark, Chief Executive, Digital Council Africa, Faith Burn, CIO, Eskom, Chris Wigget, Head of Data & Analytics, Dimension Data, Letsebela Tsebie, Lebenya, Enterprise Architecture Consultant, Harmony Gold Mine, among many others will be sharing their experiences and expertise at the Summit.Event registration has commenced for Delegates and Sponsors.- The delegates will be exposed to in-depth, trend-forward sessions & workshops - practical takeaways and ideas to keep you ahead in the digital economy.- The sponsors will be able to create an overwhelming branding in the event along with meeting their prospects and displaying the products.- Hundreds of seasoned marketers, strategists, designers, and more to network and connect with. Meet your customers, vendors, expert resources, friends and colleagues on the 27th of July 2022.Register Today to engage at this grand event as the slots are filling up fast., bit.ly/3cdTAfu.To know more about the event, https://manufacturingitsummit.com/africa/About Exito:We are a global B2B business events company focused on crafting bespoke solutions and contexts by designing platforms that create new business opportunities for our clients across concepts and industries. We cherish the trust over the last 12 years garnered from our partnering organizations globally, and with a growing team of young, vibrant, and creative individuals, Exito aims at success and perfection! Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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CNERGENZ Berhad Lists on ACE Market, Share Price Gains 4.31% to RM0.605 on Debut

KUALA LUMPUR, May 25, 2022 - (ACN Newswire via SEAPRWire.com) - CNERGENZ Berhad (CNERGENZ), an established electronics manufacturing solutions provider based in Penang, has made its debut on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) under the Technology sector, opening at RM0.605 per share, which is a premium of RM0.025 or 4.31% above the IPO price of RM0.58 per share.Ms. Yeat Soo Ching, Independent Non-Executive Director of Cnergenz; Ms. Alwizah Al-Yafii Binti Ahmad Kamal; Mr. David Lim, Chief Executive Officer of UOB Kay Hian Securities; Mr. Lye Yhin Choy, CEO & Executive Director of Cnergenz; Mr. Kong Chia Liang, COO & Executive Director; Dato' Azman bin Mahmud, Independent Non-Executive Chairman; Mr. Lye Thim Loong, Chief Corporate Officer & Executive Director; Ms. Ooi Ley Ching, Independent Non-Executive Director [L-R]Chairman of CNERGENZ, Dato' Azman bin Mahmud, extended the thanks of the Company to the Securities Commission, Bursa Securities, UOB Kay Hian Securities Sdn Bhd as well as others involved in the IPO exercise, and said, "I would like to thank our investors who have placed their trust and confidence in CNERGENZ, and for their support which has contributed to the success of CNERGENZ's IPO.""I am confident that CNERGENZ will continue its growth trajectory, enhancing its market presence and operations through its future expansion and development plans. We believe that the introduction of CNERGENZ to the stock exchange will bring greater visibility to investors, and highlights the importance of electronics manufacturing solutions in building up an advanced and efficient manufacturing ecosystem in the country, further strengthening Malaysia's position as a global electronics and semiconductor hub."Through its IPO, CNERGENZ has successfully raised RM58.0 million in funds, which are expected to be utilised towards the Company's facility expansion plans, research and development activities, as well as general working capital purposes."I would also like to thank all our suppliers, customers, investors and shareholders, who have made today's listing a possibility and a memorable event." Dato' Azman bin Mahmud added.CNERGENZ is an electronics manufacturing solutions provider, specialising in surface mount technology manufacturing solutions for the electronics and semiconductor industries. CNERGENZ's offers its solutions, ranging from integrated solutions such as production line systems and smart factory solutions, to individual machinery, equipment and tools, to its network of over 100 customers operating within the E&S Industries, such as IDMs, OSATs, EMS and electronic products brand owners.Based in Penang, CNERGENZ's market base is primarily in Malaysia (save for Melaka and Johor), contributing 71.9% to the Group's revenue in the recent financial year ended 31 December 2021, and extends to the Company's overseas markets in Vietnam and Thailand.UOB Kay Hian is the principal adviser, sponsor, underwriter, and placement agent for CNERGENZ's IPO.CNERGENZ Bhd: https://cnergenz.comCNERGENZ Bhd: [BURSA: CNERGENZ] Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Avantor Announces Investment in Manufacturing and Distribution Hub in Singapore to Serve Rapidly Growing Asia Pacific Biopharma Industry

Singapore, May 5, 2022 - (ACN Newswire via SEAPRWire.com) - Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, today announced it will create a new manufacturing and distribution Hub in Singapore, by integrating its existing distribution facility with new manufacturing operations. The new Hub, which brings Avantor solutions closer to regional customers and strengthens global supply chain capabilities, will be fully operational early next year.Avantor announced it will create a new Manufacturing and Distribution Hub in Singapore by integrating its existing distribution facility with new manufacturing operations."The Singapore Manufacturing and Distribution Hub will enable Avantor to better serve the fast-growing Asia Pacific Biopharma market by facilitating shorter lead times, enhancing supply chain security and increasing capacity in the region," said Christophe Couturier, Executive Vice President, AMEA, Avantor. "The Hub will boost regional innovation and serve as an industry benchmark for Singapore and Asia Pacific's global quality and regulatory standards, and demonstrates Avantor's commitment to growing our presence in the region."The new Hub will provide a range of services including quality control and inventory management expertise, and feature cGMP manufacturing suites and testing labs for process ingredients and excipients.About AvantorAvantor, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world. For more information, visit https://news.avantorsciences.com/home and find us on:LinkedIn: https://www.linkedin.com/company/avantorinc/Twitter: https://twitter.com/Avantor_NewsFacebook: https://www.facebook.com/Avantorinc/Regional Media ContactChristina KohDirector, Communications - AMEAAvantorM: +65 9720 0169Christina.Koh@avantorsciences.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Aurelius Technologies Berhad Debuts on Main Market

KUALA LUMPUR, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Aurelius Technologies Berhad ("ATech" or the "Company"), a provider of electronics manufacturing services ("EMS") for industrial electronic products, was successfully listed on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities") at RM1.41 per share, or RM0.05 above the offer price of RM1.36 per share.Thanking the Securities Commission, Bursa Securities, Maybank Investment Bank Berhad and other professionals for their guidance and advice on the initial public offering ("IPO") exercise, Chairman of ATech Datin Normaliza binti Kairon ("Datin Normaliza") said, "I would also like to express my heartfelt gratitude to the investors who have trusted us and have confidence in our business as a leading provider of electronic manufacturing services in Malaysia for manufacturing of industrial electronics products since day one. We are gratified by the response of investors to our listing and we are very pleased with our debut on the Main Market today"."We believe this listing will give us the visibility that we need to leverage the expansion of the business, to retain and attract more customers from across Asia Pacific, the Americas and Europe. We see this listing also giving us the opportunity to realise our future plans and strategies, including expansion and upgrading of our production facilities".The Company is raising RM104.73 million from the IPO exercise. From the proceeds, RM40.0 million would be used for the purchase of new machinery and equipment, RM29.52 million for the repayment of borrowings, RM28.13 million for working capital and RM7.09 million for the listing expenses.Datin Normaliza pledged that ATech will continue creating value through focusing on environmental, social and governance ("ESG") matters. "Besides technology adoption, we also want to create value through focusing on ESG by having sustainable practices. We have since 2004 have had our environmental management system ISO-certified and we endeavour to become the top electronics manufacturing services provider with green credentials".ATech offers a comprehensive range of EMS to multinational corporations across 11 countries covering Asia Pacific, Americas and Europe. These services include engineering support services, prototyping, board assembly, mechanical assembly, testing and labelling for communications and Internet of Things ("IoT"), electronic devices and semiconductor component products used by the transportation, power management, telecommunications and IoT industries.For the financial year ended 31 January 2021, communications and IoT products contributed 89.5% to the Company's revenue, with electronic devices contributing 9.4% and semiconductor components contributing less than 1%. The top three countries by revenue contribution for FYE19 to FYE21 were the USA, Malaysia and Singapore, which collectively accounted for 93.6%, 92.7%, and 89.3% of revenue.Maybank Investment Bank Berhad is the Principal Adviser, Sole Bookrunner and Sole Underwriter.Pictured (from left):- Mr. Loh Hock Chiang, Executive Director and Group Chief Financial Officer- Mr. Lee Chong Yeow, Executive Director and Group Chief Executive Officer- Datin Normaliza Binti Kairon, Chairperson and Independent Non-Executive Director- Dato' Fad'l Mohamed, Chief Executive Officer of Maybank Investment Bank Berhad (https://www.acnnewswire.com/topimg/Low_Aurelius20211216.jpg) Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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HG Semiconductor Completed Placing of 14,346,000 Shares

HONG KONG, Dec 2, 2021 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group", Stock Code: 6908.HK) is pleased to announce that the Group fulfilled and completed the placing agreement took place on 1 December 2021. An aggregate of 14,346,000 placing shares, representing approximately 2.55% of the issued share capital of the Group, have been successfully placed to not less than six placees at the placing price of HK$6.20 per placing share.The net proceeds from the placing, after deduction of the professional fee and other related expenses, amounted to approximately HK$86.2 million. The Group intends to apply approximately HK$64.3 million for strengthening its research and development ("R&D") capabilities of LED, Mini LED, fast charging, gallium nitride ("GaN") devices and related semiconductor products. Such amount of net proceeds will be used for the set-up of R&D centres, recruitment of R&D professionals, as well as procurement of equipment and materials with an aim to develop and capture patent and technology. Meanwhile, approximately HK$21.9 million will be used for providing general working capital and improving the financial position of the Group. Leveraging its industrial expertise on semiconductor manufacturing, HG Semiconductor has been expanding its business to various kinds of semiconductors including GaN related products. In view of its long-term strategy in further developing its business in the GaN semiconductor industry, HG Semiconductor is pleased to announce that it is setting up a new factory in the Xuzhou Economic and Technological Development Zone, which comprises 7,000 square metres of ultra clean chambers and 850 square metres of office area ("Xuzhou Factory"). It is contemplated that a production line for manufacturing electronic products including GaN related products will be installed in the factory, the facilities of which will be further upgraded to full automation in the future.The management of the Group is also delighted to introduce the experienced and professional core members of its Technology and Manufacturing team. Among them, Dr. CHEN Zhen ("Dr. CHEN"), the core expert in the GaN semiconductor business and the General Manager of the Xuzhou Factory, has over 20 years of experience in R&D, production and management in the field of GaN-based optoelectronics devices. He has mastered the core technologies of GaN electronic devices and full-band solid-state light-emitting devices as well as proprietary technology of 8-inch silicon-based GaN epitaxial growth. Dr. CHEN has applied for more than 30 domestic and foreign patents, and served as a reviewer for more than 10 international journals. Moreover, Mr. LU Juilin ("Mr. LU"), the Operation Deputy General Manager of the Xuzhou Factory, has over 30 years of experience in semiconductor industry and foundry technology and management, with experience in managing 8 to 12-inch fab management and technical experience and 55nm to 0.5um chip manufacturing process factory management experience. He is also experienced in building new factories and he worked as the Factory Manager of Semiconductor Manufacturing International Corporation ("SMIC"; stock code: 0981.HK) and Hua Hong Semiconductor Limited ("HHS"; stock code: 1347.HK).Dr. CHANG Ru Gin ("Dr. CHANG"), known as the "Father of the Chinese Semiconductor", is the Senior Consultant of the Group. He is also the founder and the former CEO of SMIC. Dr. CHANG is one of the leading figures of the semiconductor industry and an industry leader of the PRC semiconductor market. Dr. Thomas HU ("Dr. HU"), the Research Deputy General Manager of the Xuzhou Factory, has more than 20 years of work experience in GaN device design and fabrication in the world's leading company, and was the key member in GaN HEMT device design and fabrication. Dr. HU is experienced in semiconductor process control, fab operation and management and is in charge of new process recipe development, process optimisation, new product development, product quality control and yield improvement for GaN HEMT devices and products. It is expected that the core members of the Technology and Manufacturing team will substantially enhance the R&D capabilities of the Group, which will be beneficial to the development of the Group's business as a whole.Mr. ZHAO Yiwen, Chairman and Executive Director of HG Semiconductor said, "The Group is excited to announce multiple positive news, in particular, the establishment of our new Xuzhou Factory which sets a new milestone in our development. The strategic investments of the Group in VisIC Technologies and GaN Systems announced earlier on also represent our commitment venturing into the third-generation semiconductor industry, further enhancing our third-generation semiconductor design and manufacturing capabilities. With new appointments of experienced and professional core members of the Technology and Manufacturing team, we strongly believe that the team, who are all world-class seasoned professional in the semiconductor industry, can capitalise on their factory management, project management and technical experience to design and produce leading-edge semiconductor products, thus enabling us to stand out in the highly competitive market. Leveraging our competitive edge in the GaN semiconductor industry, the Group will capture every market opportunity, with an aim of achieving our long-term business goal to become a leading GaN semiconductor company." About HG Semiconductor LimitedHG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads and a new generation of semiconductor gallium nitride ("GaN"). The Group is committed to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips, as well as providing total solutions with higher efficiency and competitive system cost.For more details, please visit www.hg-semiconductor.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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HG Semiconductor Announces its Strategic Investment in GaN Systems Inc.

HONG KONG, Nov 25, 2021 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group", Stock Code: 6908.HK) is pleased to announce that FastSemi Holding Limited, a wholly-owned subsidiary of the Group, has invested in GaN Systems Inc. ("GaN Systems"), a leader in gallium nitride ("GaN") technology, and agreed to invest by subscribing for the series F-2 convertible preference shares in GaN Systems as a strategic investor. Incorporated in Canada, GaN Systems is principally engaged in developing a broad range of GaN related products including high current GaN power semiconductors. With in-depth knowledge in GaN technology, the management team of GaN Systems combines decades of experience in developing GaN products. As a GaN power transistor company, GaN Systems currently ships to automotive, consumer, industrial, and data centre customers globally, and global companies rely on their transistors to reduce levels of carbon dioxide emissions and increase the utility and energy efficiency of their power systems. GaN Systems anticipates a capital funding round to accelerate innovation and adoption of GaN technology across its automotive, consumer, industrial, and enterprise markets. This strategic investment is also joined by BMW i Ventures, a top-tier car manufacturer and existing investor of GaN Systems, along with Fidelity, Vitesco Technologies and others. Subsequent to this investment, HG Semiconductor will be able to nominate an independent board observer from Canada to be on the board of GaN Systems.Leveraging its industrial expertise on semiconductors manufacturing, HG Semiconductor has been expanding its business to various kinds of semiconductors including GaN related products. To further develop and deepen its presence in GaN semiconductor sector, the Group seeks to capitalise on the extensive experience, resources and expertise of GaN Systems, thereby developing its GaN semiconductor business to achieve the business goal of becoming a leading and innovative player in the sector. Mr. ZHAO Yi Wen, Chairman and Executive Director of HG Semiconductor said, "The Group expects this strategic investment will lay a solid foundation for its future development and prospects in its GaN semiconductor business. Upon completion of the investment, we expect both the Group and GaN Systems may have the opportunity to pool our respective advantages to each other, creating synergistic effects. In particular, GaN Systems can provide dedicated technical support (from Ottawa, California and Taiwan) to the Group for process definition and qualification of GaN device manufacturing to achieve best-in-class yield targets and targeted qualifications. Such technical support may include elements of the developed process that are proprietary to GaN Systems only, and alignment on intellectual property strategy for resulting process know how. The Group will also be able to obtain technical support for reference design in internet data centre (IDC) power systems, electric vehicle (EV), and solar inverter applications from GaN Systems on most favoured nation terms. Furthermore, GaN Systems also proposes to qualify the subsidiary of the Group as a foundry partner to GaN Systems and enter into a licence agreement whereby the Group may use certain GaN technology of GaN Systems for manufacturing its semiconductors components. With our strategic blueprint in place, we strive to further enhance our business performance in order to create long-term value for our shareholders." About HG Semiconductor LimitedHG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads, LED lighting products, fast charging products and a new generation of semiconductor gallium nitride ("GaN") related products. Leveraging its industry expertise on LED manufacturing, the Group is committed to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips. The Group strategically holds 21.86% stake in VisIC Technologies Limited, leveraging respective advantages to jointly develop GaN related chips and products.For more details, please visit http://www.lighting-hg.com/en.About GaN Systems Inc.GaN Systems, headquartered in Ottawa (Canada), is the leader in Gallium Nitride (GaN) based power management devices, and delivers its products to automotive industries, Internet Data Centers (IDC) and renewable energy.For more details, please visit https://gansystems.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Legend Capital Leads Sailner 3D’s Pre-A Funding

HONG KONG, Nov 19, 2021 - (ACN Newswire via SEAPRWire.com) - Recently, Zhuhai Sailner 3D Technology Co., Ltd. ("Sailner 3D"), a leading industrial-grade color 3D printing company with independent core technology in China, announced its completion of a pre-A round financing of over RMB100 million led by Legend Capital. The funds will be used for deepening existing business and expanding new business.Junzhong Wu, General Manager of Sailner 3D, said that, the authorities concerned have successively issued policies to support and standardize the development of the additive manufacturing industry over the past few years, which created a positive atmosphere for the industry's development. While Sailner 3D enjoys its rapid growth, it will firmly seize the opportunity to attract outstanding talents to empower its technical and service team. In the meantime, Sailner 3D will continue to carry out innovation in technology, product and service, so as to realize the innovative application of additive manufacturing technology. Qihui Fan, the Managing Director of Legend Capital, expressed that, as one of the new technologies of intelligent manufacturing, additive manufacturing technology has great potential and will play an important role in the industry in the future. Armed with independent R&D core technologies, Sailner 3D owns competitive advantages in multiple application fields such as medical sector. In addition, Sailner 3D will further expand its application in smart healthcare, intelligent industrial manufacturing and high-end customization. Legend Capital will help Sailner 3D to develop its advantages and promote the application and industrialization of additive manufacturing.Sailner 3D is a specialized enterprise focusing on the enhancement of additive manufacturing technology and industrialization. It also makes in-depth development of R&D, sales and service of industrial-grade additive manufacturing technology. By fixing the core pain points of traditional imaging technology in medical diagnosis of intractable diseases with its self-developed White Jet Process (WJP) technology, Sailner 3D has successfully opened the full-color multi-material 3D printing technology's new chapter in medical applications.Furthermore, Sailner 3D features its core technology application in industrial design, art design and professional education, becoming one of the companies capable of providing full-color, multi-material printing solution, and growing into a pioneer in the niche market.After the financing, Sailner 3D will keep focusing its lens on the industrialization of additive manufacturing technology and deepening the application in medical sector, industrial sector, education and customization. Meanwhile, it will pay closer attention to the actual needs of the target application market to launch brand-new solution - Multi-jet Reaction (MJR), an efficient additive manufacturing technology. Moreover, WJP and MJR, its two core technologies, will be integrated with other technical resources to create more possibilities in additive manufacturing. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Shougang Century Proposes Change of Company Name to Shougang Century Holdings Limited

HONG KONG, Nov 16, 2021 - (ACN Newswire via SEAPRWire.com) - Shougang Concord Century Holdings Limited ("Shougang Century", together with its subsidiaries, "the Group"; stock code: 0103.HK) is pleased to announce the proposed change of the Company's English name from "Shougang Concord Century Holdings Limited" to "Shougang Century Holdings Limited", to better reflect the Group's future business development direction.The proposed change of company name is subject to shareholders' approval of the special resolution for the proposed change of company name at a general meeting of the Group, and the approval to be granted by the Registrar of Companies in Hong Kong. The management believes that the proposed change of company name will reinvigorate the Group's corporate image and identity, allow it to truly present the Group's current direction in terms of both strategy and business development, and benefit the Group's future development, thereby act in the best interest of the Group and its shareholders as a whole.Shougang Century is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and other wire products. Currently, the Group's two large-scale production bases in Zhejiang Province and Shandong Province have qualified as High and New Technology Enterprises in the PRC and together produce over 200,000 tonnes of steel cords in total annually. Riding on its factory expansion plan, the Group continues to make great strides towards its goal to become an enterprise commanding an annual manufacturing capacity in excess of 300,000 tonnes of high-quality steel cords.Mr. SU Fanrong, Chairman and Managing Director of Shougang Century said "With years of continuous technological advancement, there is a growing consumer demand for high-tech products, opening up new horizons for the high-tech manufacturing market. To cater for the fast-growing high-tech manufacturing market, we will actively explore new opportunities in the high-tech manufacturing field and draw on our vast experience in the existing businesses and competitive edges, so as to enhance our production capacity and product quality through high technology, with the aim to establish an influential "Eastern" brand and emerge as one of the top three manufacturers of steel cord industry in China."The Group maintains a healthy financial position. As at 30 June 2021, the net asset value of the Group was HK$1,719,423,000 with a low gearing ratio of 28.7%. The Group's bank balances and cash (including pledged bank deposits) amounted to HK$230,781,000, while the sufficient cash flow enables the Group to actively identify suitable investment targets in the high-tech manufacturing industry.Mr. SU Fanrong added, "The new company name will mark a new milestone for the Group. Looking forward, we will devote more resources in developing our high-tech manufacturing business and provide more premium quality products and services to our customers, in hopes of expanding our market share in the high-tech manufacturing field, as well as creating long-term and stable returns for our shareholders and investors through adopting multi-pronged approach."About Shougang Concord Century Holdings LimitedThe Group is primarily engaged in manufacturing of steel cords for radial tyres, sawing wires and hose wires. The Group possesses two large production bases in Zhejiang Province and Shandong Province, together producing more than 200,000 tonnes of steel cords in total annually. Having been delivering products of a consistently premium quality over the years, the Group supplies products to over 20 countries worldwide and has won wide recognition from international tyres manufacturers. The Group was listed on The Stock Exchange of Hong Kong since April 1992, with Shougang Group Co., Ltd. (a state-owned enterprise under the direct supervision of the Beijing State-owned Assets Supervision and Administration Commission), a profound Fortune 500 company, being its substantial shareholder. Through its longstanding dedication to purveying premium quality steel cords and wire products, the Group aims to become one of the top three independent manufacturers of steel cord industry in China.For more information, please visit: http://www.shougangcentury.com.hk Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Close to half of Manufacturing & Supply Chain Professionals in Southeast Asia Perceive their Companies to be Lagging the Industry in Digital Transformation

Singapore, Jul 21, 2021 - (ACN Newswire via SEAPRWire.com) - Almost half of the respondents, around 46.6%, believed that their own companies fell behind the industry average when it comes to utilising digital tools as part of business processes, according to a survey conducted by AIBP and Oracle from March to April. The survey counted 193 professionals*, mainly from IT, innovation & business backgrounds in manufacturing and supply chain companies across the largest economies in Southeast Asia: Singapore, Indonesia, Malaysia, Thailand, Philippines & Vietnam.The manufacturing industry plays a significant role in local economies of Southeast Asian countries, contributing more than 20% of Gross Domestic Products in markets like Singapore, Indonesia, Malaysia and Thailand. Recent US-China trade tensions have also increased expectations of how manufacturing can contribute to markets like Indonesia and Vietnam. Concurrently, local governments are focused on uplifting local manufacturing capabilities by implementing policies to encourage and support initiatives towards Industry 4.0 The survey also found that 46.6% of respondents believed that the top priority of implementing digital solutions should be to drive operational efficiency in a bid to reduce costs, while 16.6% feel that it should be used to increase or create revenue opportunities.The COVID-19 pandemic has seen supply chain disruptions across industries - while some companies struggled to come to terms with unusual fluctuations in supply and demand, other companies were better prepared. Thossaporn Petporee, SVP and part of Charoen Pokphand Foods digital committee outlined how Charoen Pokphand Foods have been ahead of the curve when it comes to digital transformation because of their experiences navigating past disruptions like the African swine fever and Avian Influenza. "Each time a pandemic hit, we prepared ourselves better. In our farms, we have the highest level of biosecurity and AI to identify animals across the farm and sales areas. We do well because we keep up to date, keep challenging ourselves." The recent pandemic has led them to develop innovative online solutions like Vet Online and chatbots which are made available to the farms across their network to allow for diagnosis of animal diseases remotely. Charoen Pokphand Foods saw a net profit increase of 41% in 2020.Companies from the Manufacturing and Supply Chain industries continue to innovate. In 2020, 3 out of 10 winners of the annual ASEAN Enterprise Innovation Awards were from the Manufacturing and Supply Chain industries, including Kalbe Farma and Astra International. Both companies embarked on digital transformation projects which involved integration of their ERP across business units to allow for a more connected supply chains; enabling real time feedback from across the entire value chain."There is an urgent need to reorganize one's supply chains in the wake of 2020 and the recent Suez Canal blockage, and manufacturers in the region are rightly realising that what they have in-house is not enough when creating robust and resilient logistics processes that keep the business moving efficiently," said Michael Lim, GTM Leader, ERP & Digital Supply Chain, Oracle. "With new capabilities upgraded onto Oracle Fusion Cloud Supply Chain Management each quarter, we are helping our customers streamline logistics to fulfil orders faster, cheaper and more sustainably to deliver the operational excellence they desire."*The survey was sent to professionals working in 1,600 publicly listed companies and/or subsidiaries of MNCs in Indonesia, Malaysia, Thailand, Philippines, Vietnam & Singapore. These companies represent the following sectors: Consumer Durables, Non-Durables, Electronic Technology, Process Industries & Producer Manufacturing.About AIBPAIBP serves as an avenue for public and private organisations in Southeast Asia to access and exchange information about growth and innovation within the B2B space. With a current network of over 30,000 stakeholders in Southeast Asia, AIBP continues to develop ecosystems by engaging in activities which create value-adding information for our stakeholders seeking to make transformative impacts within their organisations. AIBP is a business unit of Industry Platform, a growth consulting firm based in Singapore.About Industry Platform Pte LtdWe work with public and private organisations to develop value-adding partnerships within the industries and markets which we serve. Our consulting framework advocates pursuing an integrated approach in assisting our clients in their growth and development initiatives. This includes market research, and access through business development strategy formulation and execution. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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CIMC Vehicles is Officially Listed on the ChiNext Board of China

HONG KONG, Jul 8, 2021 - (ACN Newswire via SEAPRWire.com) - CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles" or the "Group", stock code: 1839.HK/301039.SZ) announces that it has been officially listed on the ChiNext Board of China and achieved "A+H" dual-listing status.The Chief Executive Officer and President, Mr. Li Guiping (ninth from left) officiated at the ceremony celebrating the listing of CIME Vehicles on the Shenzhen Stock Exchange.The Chief Executive Officer and President, Mr. Li Guiping (ninth from left) officiated at Bell-Chiming Ceremony during the ceremony celebrating the listing of CIME Vehicles on the Shenzhen Stock Exchange.For its listing on the ChiNext Board, CIMC Vehicles issued approximately 253 million shares at an offer price of RMB 6.96 per share. The total funds raised reached RMB 1.758 billion. Funds raised by CIMC Vehicles will continue to be allocated in constructing the "Sophisticated Manufacturing System", including digitalization, research and development project, "Light Tower Plants" upgrade and construction project and new sales & marketing construction project, as well as repayment of bank borrowings and replenishment of working capital.Revenue reached a record high in 2020; Expected increase of 29.1%-44.1% for the first half of 2021CIMC Vehicles is the industry leader in semi-trailers. According to the data of global semi-trailer manufacturers by production released by "Global Trailer" in 2020, CIMC Vehicles' semi-trailer business ranked first in the world for eight consecutive years. In addition to the global semi-trailer business, CIMC Vehicles also engages in truck bodies for specialty vehicles as well as refrigerated truck bodies in China.Through continuous exploration and development, CIMC Vehicles has formed an operation model based on "Intercontinental Operation, Local Manufacturing" which is in response to the current globalization conditions. Relying on its competitive advantages in China, the company actively develops intercontinental operation and acquired a number of renowned brands to create significant brand advantages across the globe.In China, the company manages renowned brands such as "Tonghua", "Huajun", "SCVC SAILING", "Ruijiang Vehicles", "Lingyu Vehicles" and "Liangshan Dongyue" etc.; in North America, the company manages renowned brands such as "Vanguard" and "CIE"; and in Europe, the company manages long-established brands, such as "SDC" in the United Kingdom and "LAG" in Belgium.For client resources, with years of operation and experience, the company has formed cooperation with leading transportation companies and leasing companies in Europe and the United States such as JB Hunt, Schneider, Milestone, TIP and DHL. In the business of truck bodies for specialty vehicles in China, the company has established good partnerships with major domestic heavy truck companies such as SAIC. Hongyan, Shaanxi Automobile and FAW Jiefang.In the first quarter of 2021, CIMC Vehicles achieved a revenue of RMB6.88 billion, a year-on-year increase of 68.3%; the net profit attributable to the parent company was RMB 203 million, a year-on-year increase of 130.2%. Meanwhile, CIMC Vehicles expects that its revenue will reach RMB14.51 billion to RMB16.20 billion in the first half of 2021, a year-on-year increase of 29.1%-44.1%.In 2020, the company's revenue has reached a record high. As the company was still able to achieve high growth rates with such a large income base, the growth of CIMC Vehicles thus be seen.CIMC Vehicles expects that with the widespread vaccination against COVID-19, the global economy will recover gradually. Meanwhile, the domestic market will continue to benefit from the favourable policies of the new national standard of second-generation of semi-trailers, the promotion of the "new infrastructure construction" and the rapid rise in the demand for cold chain logistics. Therefore, there is high hope on the future performance of the company.Establishing the "Sophisticated Manufacturing System", leading the transformation and upgrading of semi-trailers and specialty-vehicles industriesAt present, as the global manufacturing industry enters a new era of transformation and upgrading as well as reconstruction, Chinese manufacturing companies are also accelerating from traditional manufacturing to sophisticated and intelligent manufacturing. According to China's "14th Five-Year Plan" and the 2035 long-term outline, the industry needs to increase from the traditional manufacturing to mid-to-sophisticated manufacturing system and high-technology. In the era of intellectualization, the transformation and upgrading of traditional manufacturing is a major proposition. For semi-trailer and specialty-vehicles manufacturers, CIMC Vehicles is deeply involved in the vertical field, continuously improving the automation, intelligence, and digitization of manufacturing, and using Internet of Things technology, Mobile Internet technology. Realizing the development of semi-trailer and special-purpose vehicle manufacturing toward intelligent, networked, shared, and energy-saving are the key ways of leading enterprises to maintain their competitiveness in the industry.As an industry leader and pioneer, CIMC Vehicles has distinct advantages in R&D technology. As of the end of 2020, the company has more than 700 R&D personnel in the worldwide with more than 1,000 registered patents and participated in the formulation and modification of 22 national and industry standards for semi-trailers and special vehicles in China.Based on forward-looking judgments on the future development, CIMC Vehicles has explored the construction of "Sophisticated Manufacturing System" since 2014. At present, the company has built 13 semi-trailer light tower plants and 6 specialty vehicle installation light tower plants at home and abroad. 2 light tower plants for truck bodies of refrigerated trucks production, and a series of "product modules" for semi-trailer products have been built.Looking forward, the company will build a sophisticated manufacturing system, upgrade the product module, improve the light tower plants, kick off the sales and market transformation and promoting the organizational development as the four key cornerstones to enhance competitiveness as well as continue to strengthen technological investment, and allow technological innovation Become the source of technological upgrading and lead the industry to new heights.Sophisticated Manufacturing System is the backbone of the modern industrial system and occupies an important position in the "14th Five-Year Plan". In fact, the process of CIMC Vehicles becoming No. 1 in the world is also a historical epitome of China's strategic transformation from a "manufacturing country of quantity " to a " powerful manufacturing country of quality". In the future, CIMC Vehicles will fully utilize the A-share capital platform to lead the industry to a new horizon. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu Launches Latest Version of its VPS Digital Production Preparation Tool

TOKYO, Jun 30, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced the launch of a new version of the Fujitsu Manufacturing Industry Solution COLMINA Digital Production Preparation VPS (1), a series of tools developed by Digital Process Ltd. to support the digital transformation (DX) of production preparation tasks in manufacturing. Sales will commence for the Japanese market today, June 30, with availability in international regions at a later date.The latest version offers enhanced functions, including a feature that allows users to create a 3D bill of process (3D-BOP) (2) that links 3D data to production process information for production preparation activities such as manufacturing prototyping and process planning. Specifically, the new version includes an improved function for visualizing machine layout and work procedures in a process block diagram (3) in an easy-to-understand manner illustrated with graphics and image inserts, as well as an enhanced function to centralize work data for parts with common specifications in manufacturing lines that handle products with multiple specifications. This makes it possible to quickly create a highly accurate 3D-BOP that can reduce manufacturing errors and the need to redo common tasks. With this tool, Fujitsu can bring the real world of manufacturing closer to the digital world, helping to deliver products to market faster and improve overall productivity and quality.Fujitsu's VPS offering will accelerate DX in the manufacturing space by linking digital data from design to manufacturing sites and supports working styles at manufacturing sites for the "new normal," streamlining work processes and promoting the ability to manage operations remotely. Fujitsu will also contribute to the achievement of the SDGs (Sustainable Development Goals) by improving productivity and quality and creating innovations from a variety of perspectives.BackgroundThe SDGs Action Plan 2021 (4) announced by the Japanese government in December 2020, identifies the promotion of digital transformation, and establishment of a system where everyone can benefit from digitization, and work to establish and accelerate the 'new normal' as a priority issue. At manufacturing sites, DX is expected to link the entire process from design to manufacturing with digital data, and to improve efficiency and productivity by centralizing data, contributing to the fulfillment of this objective.In the manufacturing industry, COVID-19 is causing demand for new ways of working at manufacturing sites. Simultaneously, it is becoming increasingly difficult for manufacturers to direct assembly operations, which have been conducted at overseas plants. These factors have led to a growing demand for 3D-BOP solutions that can effectively visualize manufacturing sites.To address this need, Fujitsu has launched a new version of its VPS with enhanced functions for creating a visually appealing 3D-BOPs and streamlining operations on manufacturing lines.Features of the New Version1. VPS Standard and VPS Manufacturing, 3D-BOP creation tools that more faithfully represent the manufacturing siteVPS Standard and VPS Manufacturing are 3D-BOP creation tools for reviewing the manufacturing process with 3D data. With previous versions of this solution, process procedure were represented by process names and parts images that can be assembled in processes, but they were insufficient for intuitive understanding of process layout, work procedures, and way of assembling.The new version enables the creation of a more visual 3D-BOP solution that is suitable for the manufacturing site by means of graphics and insert images to indicate the arrangement of machines, worker flow lines, and work procedures on the process block diagram, displaying tools on snapshots and process shots (5), and easily creating shapes such as weld shapes, auxiliary materials, and jigs and tools. This reduces operational errors such as misuse of jigs and assembly work order, resulting in higher yield production.2. VPS GP4, a manufacturing line process planning tool that improves work efficiency by centralizing dataWith the previous versions of the VPS GP4 solution, which is used for examining the process plan of a manufacturing line with 3D data, it was necessary to create and edit design data on an individual basis, including for shared tasks. With this enhancement, it will be possible to mix common work and work with different specifications and express them in one data. As a result, when there is a change in a common operation, only one set of data needs to be corrected. This can reduce the operation time by up to about 70% (6). Moreover, since multiple operational procedures are represented by one set of data, it is easier to compare and examine each procedure. Thus, it is possible to apply reasonable improvement measures while looking at evaluation values of production lines.Future PlansGoing forward, Fujitsu will continue to support Digital Transformation (DX) in the manufacturing industry, leveraging its capabilities as a leading technology company with extensive know-how in manufacturing and advanced technologies in fulfillment of its mission for its manufacturing brand, COLMINA: "Bringing innovation to manufacturing through the delivery of services that are global, open, and rapid that help to realize DX"Sales Target1,000 licenses by the end of fiscal 2021 (Fujitsu's fiscal year ends at the end of March.).(1) Fujitsu Manufacturing Industry Solution COLMINA Digital Production Preparation VPS:Please note that outside the Japanese market the product is officially referred to as Fujitsu Manufacturing Industry Solution COLMINA Digital Manufacturing FJVPS.(2) 3D Bill of Process:Production preparation information that links data such as parts, work procedures, locations, equipment and tools, and manufacturing know-how used in product assembly with 3D data.(3) Process block diagram:A diagram that shows the relationship of the entire process and the flow of assembly work, including the positional relationship of workplaces.(4) SDGs Action Plan 2021:The Japanese government's Headquarters for the Promotion of SDGs compiled specific measures for the promotion of SDGs in 2021.(5) Snapshot or process shot:A graphic representation of a scene of a manufacturing operation or process used as an illustration in a work instruction or process plan.(6) Reduce the operation time by up to about 70%:Confirmed by our sample model with 3 to 6 specification variations.(7) Selling Price:Network license price. Available to client terminals on the same network with unlimited installations. Up to the number of purchased licenses can be used simultaneously.(8) VPS Standard V15L23:A set of VPS Digital Mockup and VPS Manufacturing.(9) VPS Manufacturing V15L23:VPS Manufacturing requires a VPS Digital Mockup license. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Avantor Named Best Company in Bioprocessing Excellence for Single-use Solutions and Best Bioprocessing Supplier for Upstream Processing at Biologics Manufacturing Korea 2021

Seoul, Korea, June 25, 2021 - (ACN Newswire via SEAPRWire.com) - Avantor, a leading global provider of mission-critical products and services to customers in the life sciences and advanced technologies and applied materials industries, was named best company in bioprocessing excellence for single-use solutions and best bioprocessing supplier for upstream processing at Biologics Manufacturing Korea (BMK) 2021. Sang Kyu Lee, Representative Director - Avantor Korea/Japan(centre), Jin Young Lee, Biopharma Business Manager - Avantor Korea/Japan(left), James Hwang, Innovation Center Field Application & Education Manager - Avantor Korea/Japan(right), after receiving the Awards for Best Company in Single-use Solutions and Upstream Processing at BMK 2021. This is the second consecutive year Avantor has been selected as the best company in the single-use category at BMK. As the development and supply of biopharmaceuticals, including COVID-19 vaccines and therapeutics, become more important than ever, Avantor has been actively supporting the discovery to delivery of biopharmaceutical therapies to both domestic and foreign pharmaceutical companies. A key piece of this contribution is supplying differentiated upstream solutions such as high-purity materials. Avantor also has been recognized for its ongoing efforts to develop single-use solutions, which are emerging as the preferred option to improving biopharmaceutical manufacturing processes. Avantor is responding to rapidly increasing needs for treatments and therapies by providing customized solutions to biopharma companies. Avantor closely analyzes manufacturing processes to support customers with increased yield and reduced resources when developing new therapeutics.SK Lee, Sales Director of Avantor Korea & Japan, said, "We are extremely proud to be recognized by BMK for our leadership in bioprocessing development by providing solutions to biopharmaceutical manufacturers. Working closely with our customers, we play a critical role in enabling breakthroughs in life-changing biologics."Narayana Rao Rapolu, Vice President, Biopharma Asia Middle East & Africa for Avantor said, "Avantor's continued investment in single-use solutions, including our recent acquisition of RIM Bio, with manufacturing capabilities in China, go a long way to demonstrate our commitment to delivering bioprocessing excellence. Our process development and optimization capabilities carried out by our dedicated expert researchers at our Korea Innovation Center is helping customers deliver on cost and time efficiencies."For more information on Avantor's single-use solution for biopharmaceutical manufacturing, visit https://youtu.be/mfjZEfO_RVM. About AvantorAvantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world. For information, visit and find us on LinkedIn, Twitter and Facebook.About Biologics Manufacturing Korea Excellence Award 2021The Biologics Manufacturing Korea Excellence Award seeks to give recognition to exceptional bioprocessing experts, organizations and technologies that facilitate biomanufacturing excellence with enhanced speed, reduced cost, and superior quality. 2021 marks the tenth year of ABEA. The BMK Awards is part of the Asia-Pacific Bioprocessing Excellence Awards (ABEA) which seeks to recognize organizations within Korea who have engaged in substantial efforts to innovate, optimize processes and uphold a high level of efficacy, quality and safety in biological products manufacturing. AMEA Media Contact Christina Koh Director - Communications, AMEA Avantor Phone: +65 9170 0169 Email: Christina.Koh@avantorsciences.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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DENSO Invests in Seurat Technologies to Accelerate Development of Metal Additive Manufacturing

KARIYA, JAPAN, Jun 23, 2021 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced it invested in Seurat Technologies, participating in the metal additive manufacturer's Series B funding round. The investment will help speed the development and commercialization of Seurat's patented additive manufacturing technology and is DENSO's latest move to bolster its digital transformation.Seurat's Area Printing technology allows manufacturers to print metal parts at scale, combining unprecedented speed, precision, part integrity and reliability, while still being cost effective. Seurat's innovative process guarantees high quality and resolution for mass production of metal components across all industries, including automotive. For a supplier like DENSO, this solution could cut production times and improve its ability to quickly support customers' shifting requirements. The investment also aides DENSO's larger efforts to advance manufacturing technologies. In this, DENSO collaborates with companies like Seurat, in addition to creating its own solutions like its Factory-IoT Platform, to help digitize operations. This creates opportunities to optimize workflows, increase efficiency and operate more flexibly. "DENSO is always looking to stay on top of the latest manufacturing processes and technology so we can deliver for our customers. Working with Seurat will help us continue that," said Raja Shembekar, vice president of DENSO's North America Production Innovation Center. "Seurat's Area Printing technology is a breakthrough, one that dramatically accelerates additive manufacturing production rates. We look forward to helping them develop it further."By collaborating with DENSO, Seurat gains access to DENSO's rich manufacturing expertise, which it has cultivated by producing quality products at mass volumes for over 70 years. "We are pleased to have DENSO participate in our Series B round, but more than that, are excited by how they could help propel our technology forward," said James DeMuth, CEO and co-founder of Seurat Technologies. "DENSO's deep understanding of what large-scale manufacturers need and what makes them successful will be vital as we commercialize our Area Printing technology."The announcement comes after DENSO recently highlighted how the concepts of "Green" - acting environmentally friendly - and "Peace of Mind" - creating a safe and seamless world for all - are guiding the company's technology development. Those same principles inform DENSO's work with Seurat and will help the company achieve its Long-term Policy 2030, which focuses on enriching society by enhancing mobility and achieving sustainability, happiness and peace of mind for everyone. Collaborations such as with Seurat are key in reaching that goal. "The investment in Seurat continues to demonstrate DENSO's commitment to establish collaborative partnerships with startups," said Tony Cannestra, director of Corporate Ventures at DENSO. "Such partnerships have enabled DENSO to aggressively pursue the discovery and development of new advanced technologies that deliver valuable benefits to DENSO and our customers."Other collaborations DENSO has recently pursued include:- Creating a long-term alliance with aerospace leader Honeywell to develop electric propulsion systems for urban air mobility vehicles- Investing in wireless positioning technology developer Lambda:4, helping strengthen DENSO's passive digital key- Investing in Ridecell to give fleet operators digital tools that optimize fleet management- Collaborating with Drishti to advance action-recognition technology, which supports human outputs in manufacturing.About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global.About Seurat TechnologiesSeurat Technologies is creating the next generation of metal printers designed for industrial serial production. Seurat's patented Area Printing additive manufacturing technology will allow manufacturers to cost effectively print metal parts at scale combining unprecedented speed, precision, part integrity and reliability. Seurat's pioneering approach includes technology originally developed at Lawrence Livermore National Laboratory (LLNL) by a team that included Seurat's CEO and Co-Founder, James DeMuth. Learn more at www.seuratech.com. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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