TSE

Trinseo Reports Third Quarter 2023 Financial Results and Updates 2023 Outlook

Retrieved on: 
Friday, November 3, 2023

Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its third quarter 2023 financial results.

Key Points: 
  • Trinseo (NYSE: TSE), a specialty material solutions provider, today reported its third quarter 2023 financial results.
  • Commenting on the Company’s third quarter performance, Frank Bozich, President and Chief Executive Officer of Trinseo, said, “As expected, we saw sequentially similar market conditions.
  • Commenting on the outlook for 2023, Bozich said, “Our forecast assumes a constrained demand environment, similar to what we’ve seen throughout the year.
  • Trinseo will host a conference call to discuss its third quarter 2023 financial results on Monday, November 6, 2023 at 10 a.m. Eastern Time.

Trinseo Completes Strategic Network Optimization Initiative with Closure of Terneuzen, the Netherlands Styrene Manufacturing Operations

Retrieved on: 
Monday, October 30, 2023

Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced its decision to discontinue operations at its ethylbenzene styrene monomer (EBSM) manufacturing facility in Terneuzen, the Netherlands.

Key Points: 
  • Trinseo (“Trinseo” or “the Company”) (NYSE: TSE), a specialty material solutions provider, today announced its decision to discontinue operations at its ethylbenzene styrene monomer (EBSM) manufacturing facility in Terneuzen, the Netherlands.
  • This decision was made following the completion of joint negotiations with the Works Council in Terneuzen.
  • The plant is scheduled to officially cease operations in November 2023.
  • With the closure of the EBSM facility, the company will purchase of all of its styrene needs from third party suppliers to support its downstream businesses.

TDK Ventures leads next round of financing in advanced vehicle technology developer Faction

Retrieved on: 
Thursday, October 26, 2023

TDK Ventures leads next funding, targeted at customer expansion

Key Points: 
  • TDK Ventures leads next funding, targeted at customer expansion
    Joining in the funding are: Ducera Partners, Trucks Venture Capital, and Fifty Years
    SAN JOSE, Calif., Oct. 26, 2023 /PRNewswire/ -- TDK Corporation (TSE: 6762) announced today that subsidiary TDK Ventures is leading the latest round of financing in driverless-technology developer Faction.
  • Faction has assembled an experienced team previously responsible for the launch of driverless vehicles ranging from light EVs to full-size semi-trucks.
  • "TDK Ventures sees its partnership with Faction as an ideal match in both vision and technology" commented Nicolas Sauvage, President of TDK Ventures.
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

Retrieved on: 
Friday, October 20, 2023

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash

Key Points: 
  • Tokyo, Japan and Paris, France--(Newsfile Corp. - October 20, 2023) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes.
  • The tender offer, which was previously scheduled to expire at one minute after 11:59 P.M., New York City time, on October 23, 2023, has been extended until one minute after 11:59 P.M., New York City time, on November 6, 2023, unless the tender offer is further extended or earlier terminated.
  • The tender offer was extended to allow additional time for the satisfaction of the remaining closing conditions of the tender offer, including, but not limited to, regulatory approvals (other than the CFIUS approval) and the valid tender of ordinary shares and ADSs of Sequans representing - together with ordinary shares and ADSs of Sequans beneficially owned by Renesas, if any - at least 90% of the fully diluted ordinary shares of Sequans.
  • The Bank of New York Mellon, the Tender Agent for the tender offer, has advised Renesas that as of 6 p.m., New York City time, on October 19, 2023, approximately 50,724,714 ordinary shares of Sequans (including ordinary shares represented by ADSs), representing approximately 18.09% of the fully diluted ordinary shares of Sequans, have been validly tendered and not properly withdrawn pursuant to the tender offer.

NEC launches free "FireDucks" software for accelerating data analysis using Python

Retrieved on: 
Thursday, October 19, 2023

Capable of carrying out the data preparation required for data analysis up to 16 times(2) faster than existing products, this newly developed software significantly shortens the time spent on data analysis and lowers computing costs.

Key Points: 
  • Capable of carrying out the data preparation required for data analysis up to 16 times(2) faster than existing products, this newly developed software significantly shortens the time spent on data analysis and lowers computing costs.
  • In order to extract valuable analytical results from such data, there is a growing need for data scientists to analyze it using artificial intelligence (AI) and machine learning (ML).
  • However, in order to prepare for data analysis, large data sets must first be preprocessed.
  • Data scientists are said to spend approximately 45%(3) of their time preparing data, and this has become a major issue.

Advantest Expands M4841 Handler with Active Thermal Control for Faster Device Throughput and Test Times

Retrieved on: 
Tuesday, October 24, 2023

TOKYO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) today announced a new Active Thermal Control (ATC) option for its M4841 high-volume device handler.

Key Points: 
  • TOKYO, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Leading semiconductor test equipment supplier Advantest Corporation (TSE: 6857) today announced a new Active Thermal Control (ATC) option for its M4841 high-volume device handler.
  • ATC 2.0 provides dynamic regulation of temperature fluctuations caused by automotive semiconductors self-heating during test, helping to ensure more accurate production test of up to 16 advanced systems-on-chip (SoCs) in parallel with higher throughput and shorter test times.
  • As a result, thermal design power is actually increasing, causing devices to self-heat during test and making it more difficult to control test temperature.
  • This stability enables users to build test programs with unparalleled implementation flexibility – in turn, significantly enhancing overall test productivity.

Trend Micro Recognizes Visionary Customers with New Awards Program

Retrieved on: 
Wednesday, October 25, 2023

DALLAS, Oct. 25, 2023 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced the winners of the 2023 Trend Global Customer Awards, recognizing partners who have demonstrated unwavering commitment and driving innovations to shape a safer digital future.

Key Points: 
  • Customers were selected for these awards because of their demonstrated understanding of the importance of remaining vigilant in cybersecurity and staying on top of emerging trends."
  • The most influential and engaged customers are chosen from 500,000 customers worldwide.
  • "We have worked diligently to protect our company, our teammates, and our customers from the evolving world of cyber risk.
  • The key categories and winners include:
    Customer Visionary: Organizations that lead, collaborate, and guide Trend and the wider cybersecurity community.

Trend Micro Decreases U.S. Enterprises' Cybersecurity Risk Through Vulnerability Disclosure Contest

Retrieved on: 
Tuesday, October 24, 2023

DALLAS, Oct. 24, 2023 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), proud owner of the Zero Day Initiative™ (ZDI), the world's largest vendor-agnostic bug bounty program, expects near record participation and over $1 million in prizes to be awarded at this week's consumer-focused Pwn2Own contest in Toronto. The ZDI event pays the world's leading freelance security researchers for the responsible discovery and disclosure of vulnerabilities in major software and hardware devices.

Key Points: 
  • The ZDI event pays the world's leading freelance security researchers for the responsible discovery and disclosure of vulnerabilities in major software and hardware devices.
  • Trend's ZDI, the world's largest vendor-agnostic bug bounty program, expects to pay over $1 million in prizes this week.
  • Kevin Simzer, COO at Trend: "Trend ZDI gets cyber weapons off the streets before a breach can even be considered.
  • ZDI research has shown that vendors are increasingly neglecting to patch software vulnerabilities that are disclosed to them, which further sets apart the superior risk protection received by Trend customers.

TDK Ventures and Climate Investment set to co-host Energy Week 2023: shaping the future of sustainable energy

Retrieved on: 
Tuesday, October 24, 2023

To register to 'attend', go to: Energy Week 2023 .

Key Points: 
  • To register to 'attend', go to: Energy Week 2023 .
  • "TDK Ventures' Energy Week is an annual thought leadership event, upon which Energy Week 2023 will build," said Nicolas Sauvage, TDK Ventures President.
  • We look forward to having anyone interested in this important topic attend Energy Week 2023, where we will come together to shape a sustainable energy future."
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .

TDK Ventures and Climate Investment set to co-host Energy Week 2023: shaping the future of sustainable energy

Retrieved on: 
Tuesday, October 24, 2023

To register to 'attend', go to: Energy Week 2023 .

Key Points: 
  • To register to 'attend', go to: Energy Week 2023 .
  • "TDK Ventures' Energy Week is an annual thought leadership event, upon which Energy Week 2023 will build," said Nicolas Sauvage, TDK Ventures President.
  • We look forward to having anyone interested in this important topic attend Energy Week 2023, where we will come together to shape a sustainable energy future."
  • To learn more about TDK Ventures, interested startups or investment partners should visit www.tdk-ventures.com or reach out at [email protected] .