MX

Digital Edge Embraces Full Stack AI-Driven Networking from Juniper Networks to Bridge the Digital Divide Across Asia

Retrieved on: 
Tuesday, November 7, 2023

The upgrades support its rapid expansion, meant to address the high-growth digital needs of developing and emerging markets across the region.

Key Points: 
  • The upgrades support its rapid expansion, meant to address the high-growth digital needs of developing and emerging markets across the region.
  • Founded with a mission to bridge the divide of unequal access to digital infrastructure in Asia, Digital Edge provides carrier-neutral colocation and connectivity services via 17 data centers across six markets in the region.
  • As long-term partners, Digital Edge and Juniper Networks are set to enable higher levels of interconnectedness for users across Asia – with the goal of meeting demands for ever-increasing speeds, capacity and density at Digital Edge’s data centers.
  • “Enabling networks that bridge the digital divide and connect more people across the region is a cause close to our own mission at Juniper Networks: which is to transform how people work and live with the networking experiences we provide.

EQS-News: Cherry SE resolves substantial realignment of keyboard switch business to strengthen international competitiveness and increase profitability in Components business unit

Retrieved on: 
Tuesday, November 7, 2023

“Cherry needs a consistent repositioning in the switch business.

Key Points: 
  • “Cherry needs a consistent repositioning in the switch business.
  • We are strengthening innovation, market-driven pricing, competitiveness, profitability and the (OEM) sales approach.
  • With these consistent measures, we will regain our relevance in the switch business.
  • The Auerbach and Zhuhai sites are being developed into global innovation centers for our keyboard switches, among other things.

Variscite Unveils i.MX 95-based System on Module For Powerful, Next Generation Edge platforms

Retrieved on: 
Thursday, November 2, 2023

Variscite , a leading worldwide System on Module (SoM) designer, developer and manufacturer, today announced the upcoming release of the new DART-MX95 for high-performance edge applications including industrial, medical, aviation, IoT, robotics, vision-capable and smart edge devices.

Key Points: 
  • Variscite , a leading worldwide System on Module (SoM) designer, developer and manufacturer, today announced the upcoming release of the new DART-MX95 for high-performance edge applications including industrial, medical, aviation, IoT, robotics, vision-capable and smart edge devices.
  • Designed for high-end scalable computing, DART-MX95 is based on NXP’s i.MX 95 application processor family.
  • The Pin2Pin family provides an extended lifespan, reduced development time, costs, and risks as well as scalability to additional modules.
  • Variscite ensures supply continuity of 15 years to preserve customers’ engineering investment for their embedded designs.

Quad Reports Third Quarter and Year-to-Date 2023 Results

Retrieved on: 
Tuesday, October 31, 2023

Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), today reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Quad/Graphics, Inc. (NYSE: QUAD) (“Quad” or the “Company”), today reported results for the third quarter ended September 30, 2023.
  • Increased Net Cash Provided by Operating Activities by $71 million for the nine months ended September 30, 2023, compared to the same period in 2022.
  • Increased Free Cash Flow by $61 million for the nine months ended September 30, 2023, compared to the same period in 2022, including $27 million of Free Cash Flow generation in the third quarter of 2023.
  • Net Loss — Net Loss was $3 million in the third quarter of 2023 compared to Net Earnings of $14 million in the third quarter of 2022.

Magnachip Commences Mass Production of Two New 650V SJ MOSFETs with a Slim Form Factor

Retrieved on: 
Tuesday, October 31, 2023

These new SJ MOSFETs -- upgraded by the PDFN88 package -- offer excellent design flexibility, efficient heat dissipation, and low RDS(on) (the resistance value between the drain and the source of MOSFETs during on-state operation) characteristics. As a result, they are well-suited for various applications that require compact size and high efficiency, such as OLED TVs, servers, lighting products, laptop chargers and adapters.

Key Points: 
  • SEOUL, South Korea, Oct. 31, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has begun mass production of two new 650V Super Junction Metal-Oxide-Semiconductor Field-Effect Transistors (SJ MOSFETs) offerings.
  • These two 650V SJ MOSFETs (MMUB65R090RURH, MMUB65R115RURH) utilize an innovative PDFN88 package, which significantly reduces their thickness and size.
  • The thickness has been reduced by approximately 81% compared to D2PAK products and 63% compared to DPAK products, while the overall footprint has been reduced to about 41% of D2PAK SJ MOSFETs.
  • "Magnachip will continue to develop high-performance power solutions enhanced by new packaging technology, building upon the successful mass production of these 650V SJ MOSFET products," said YJ Kim, CEO of Magnachip.

Dwolla Connect Drives Value for Enterprises with New Open Finance Integrations

Retrieved on: 
Monday, October 30, 2023

DES MOINES, Iowa, Oct. 30, 2023 /PRNewswire-PRWeb/ -- Dwolla, a leading account-to-account payment services provider, announced the expansion of its latest solution, Dwolla Connect, by integrating it with the open finance ecosystem. This integration helps Dwolla Connect clients securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers (including MX, Plaid, Finicity – Mastercard's U.S. open banking arm – and Flinks). It also marks a significant step forward in secure payment experiences, bringing together the best of data protection and payments automation for finance and technology teams at mid- to enterprise-sized companies.

Key Points: 
  • This integration helps Dwolla Connect clients securely transfer open finance data to the Dwolla platform, unlocking new capabilities like bank verification through trusted third-party providers (including MX , Plaid , Finicity – Mastercard's U.S. open banking arm – and Flinks ).
  • At the heart of this new feature lives the Dwolla Secure Exchange Solution , a tokenized solution Dwolla released in July 2022.
  • The Secure Exchange Solution prioritizes flexibility, provides a deeper connection into the open finance ecosystem and unlocks expanded functionality within the Dwolla platform in the future.
  • Key Features of Dwolla Connect + Secure Exchange Solution:
    Enhanced Security: By exchanging tokens with trusted partners, Dwolla Connect clients can share information securely, protecting it from malicious actors and ensuring data integrity.

Magnachip Introduces 6th-Generation 600V SJ MOSFET Developed with Cutting-Edge Microfabrication Technology

Retrieved on: 
Monday, October 30, 2023

SEOUL, South Korea, Oct. 30, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company released its 6th-generation 600V Super Junction Metal Oxide Semiconductor Field Effect Transistor (SJ MOSFET) enhanced with microfabrication technology.

Key Points: 
  • SEOUL, South Korea, Oct. 30, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company released its 6th-generation 600V Super Junction Metal Oxide Semiconductor Field Effect Transistor (SJ MOSFET) enhanced with microfabrication technology.
  • This 6th-generation 600V SJ MOSFET (MMD60R175S6ZRH) was built on the 180nm microfabrication process and Magnachip's latest design technology.
  • With its high efficiency, flexible design and reliability, this new 600V SJ MOSFET can be used in a wide range of applications, such as servers, OLED TVs and laptop fast chargers.
  • "Following the launch of this MOSFET, Magnachip plans to unveil additional 6th-generation SJ MOSFETs, including those with a fast recovery body diode, in 2024," said YJ Kim, CEO of Magnachip.

SBS ENTERTAINMENT, LAMUSICA AND MEGA 96.3 FM ANNOUNCE THE RETURN OF CALIBASH AND UNVEIL ITS MEXICAN LIVE MUSIC CONCERT BRAND: CALIBASH MX

Retrieved on: 
Thursday, October 26, 2023

LOS ANGELES, Oct. 26, 2023 /PRNewswire/ -- SBS Entertainment, LaMusica and Mega 96.3FM announced the return of CALIBASH and the unveiling of its Mexican live concert brand, CALIBASH MX. The events will take place back-to-back on January 12 and January 13 at the Crypto.com Arena in Los Angeles.

Key Points: 
  • CALIBASH MX, Calibash's first ever Mexican live music concert brand will premiere on Saturday, January 13 featuring the biggest names in Corrido-style Mexican music such as Grupo Frontera, Edgardo Nuñez, Yng Lvcas, Yahritza y Su Esencia and Conexión Divina.
  • "Mexican music has taken global music charts by storm and our generation is breathing new life into some of the formats' biggest sub-genres," Alessandra Alarcón, stated.
  • "CALIBASH is the iconic live concert event of the year for Latin music fans," stated Alessandra Alarcón, President of SBS Entertainment.
  • "We couldn't be more excited to give our audience the best of both worlds in January with the return of CALIBASH and the inaugural CALIBASH MX concert.

Methanex Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023

VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- For the third quarter of 2023, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $24 million ($0.36 net income per common share on a diluted basis) compared to net income of $57 million ($0.73 net income per common share on a diluted basis) in the second quarter of 2023. Net income in the third quarter of 2023 was lower compared to the prior quarter primarily due to a lower average realized price, lower sales of Methanex-produced methanol and the mark-to-market impact of share-based compensation due to changes in Methanex's share price, offset by a settlement of a historical dispute under an existing gas contract. Adjusted EBITDA for the third quarter of 2023 was $105 million and Adjusted net income was $1 million ($0.02 Adjusted net income per common share). This compares with Adjusted EBITDA of $160 million and Adjusted net income of $41 million ($0.60 Adjusted net income per common share) for the second quarter of 2023.

Key Points: 
  • Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter.
  • The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.
  • VANCOUVER, British Columbia, Oct. 25, 2023 (GLOBE NEWSWIRE) -- For the third quarter of 2023, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $24 million ($0.36 net income per common share on a diluted basis) compared to net income of $57 million ($0.73 net income per common share on a diluted basis) in the second quarter of 2023.
  • Our average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.

Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization

Retrieved on: 
Monday, October 23, 2023

VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program.
  • Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, facilitate job matching and build the capacity of local service providers to help youth in the Damietta region.
  • This unique partnership is a testament to Methanex's commitment to making a positive impact on people's lives through its business.
  • The previous four-year DJEP partnership program resulted in over 2,300 training opportunities and the creation of 725 jobs.