SOUTH KOREA

MVL Successfully Completes RWA Tokenization Pilot Project, Paving the Way for E-Vehicles Assetization with NFTs

Retrieved on: 
Wednesday, April 3, 2024

MVL's vehicle RWA NFTs incorporate vehicle assets and rental revenue, providing investors with profits upon maturity.

Key Points: 
  • MVL's vehicle RWA NFTs incorporate vehicle assets and rental revenue, providing investors with profits upon maturity.
  • In 2021, MVL launched the Vehicle RWA NFT, initially integrating it with their ONiON vehicles as a part of trials to prove the feasibility of the model.
  • As of now, MVL has successfully finalized the setup of the entire infrastructure, marking a significant milestone in their endeavors.
  • Having achieved the success of the pilot project, MVL is gearing up to bring the mass adoption of E-Vehicle RWA Tokenization into the world.

Asia’s Thriving Cruise Destinations Set to Enrich Regional Cruise Experiences

Retrieved on: 
Monday, April 8, 2024

The event highlighted the lucrative opportunities and diverse experiences for enriching Asian cruise itineraries.

Key Points: 
  • The event highlighted the lucrative opportunities and diverse experiences for enriching Asian cruise itineraries.
  • View the full release here: https://www.businesswire.com/news/home/20240408390573/en/
    Four of Asia's most robust cruise destinations, Hong Kong, Korea, the Philippines, and Xiamen, invited cruise line executives and media for a luncheon themed "The Rebound of Asia's Destinations" on the opening day of Seatrade Cruise Global 2024.
  • Cruise passengers can indulge in diverse range of art and culture experiences, culinary and nightlife adventures, iconic neighborhoods, revitalizing outdoor activities and endless shopping options in Hong Kong.
  • The archipelagic nation is also exploring new cruise destinations through ongoing inspections of emerging destinations ready for cruise tourism, such as Cebu and Zamboanga.

APR.TW Makes Donations to Help Earthquake Victims in Taiwan

Retrieved on: 
Monday, April 8, 2024

KRW 42 million) for emergency earthquake relief to the Red Cross Society of the Republic of China (Taiwan) through its Taiwanese subsidiary, APR.TW.

Key Points: 
  • KRW 42 million) for emergency earthquake relief to the Red Cross Society of the Republic of China (Taiwan) through its Taiwanese subsidiary, APR.TW.
  • The donation was decided with a goal to support the regions and disaster victims in Taiwan suffering an enormous damage caused by an earthquake.
  • On the 3rd, at around 7:58 a.m. a magnitude 7.2 earthquake struck 25km southeast of Hualien County in eastern Taiwan.
  • The donations will be used for various purposes, such as helping recover from earthquake damage and supporting local victims.

Efinix’s Titanium Ti375 Sampling; Unlocking and Delivering Mainstream Edge Intelligence Innovation

Retrieved on: 
Monday, April 8, 2024

“The Titanium family of FPGAs, particularly the Ti375, is unique in being able to satisfy these requirements and an absolute game changer.”

Key Points: 
  • “The Titanium family of FPGAs, particularly the Ti375, is unique in being able to satisfy these requirements and an absolute game changer.”
    The Ti375 is manufactured in an advanced 16 nm process node.
  • “The Ti375 elevates that value bar once again, delivering high speed SerDes and compute capability in a small, low power footprint.
  • “Our Titanium Ti375 makes custom silicon obsolete, making it ideal for the rapidly evolving models used in AI, and will be instrumental in delivering against the requirements for edge intelligence,” said Mark Oliver, Efinix vice president of marketing.
  • “By delivering a unique power, performance, size combination, Ti375 will support edge AI from lab to production, and beyond.”
    In conjunction with embedded world Exhibition & Conference kicking off tomorrow in Nuremberg, Germany, Efinix representatives will be conducting live demos of the Titanium Ti375.

USANA Cements Itself as a Premier Cellular Nutrition Company in South Korea

Retrieved on: 
Tuesday, April 9, 2024

SEOUL, South Korea, April 9, 2024 /PRNewswire/ -- USANA Health Sciences, a global cellular nutrition company, was recently recognized at the prestigious Korea Medical Healthcare Awards in the multivitamin category for the sixth consecutive year and the weight management category for the fourth consecutive year.

Key Points: 
  • SEOUL, South Korea, April 9, 2024 /PRNewswire/ -- USANA Health Sciences, a global cellular nutrition company, was recently recognized at the prestigious Korea Medical Healthcare Awards in the multivitamin category for the sixth consecutive year and the weight management category for the fourth consecutive year.
  • To learn more about USANA and its high-quality products, visit here .
  • The other winning product for USANA was its Nutrimeal Active, which won in the weight-management category for the fourth consecutive year.
  • Nutrimeal Active is a quick and easy way to shake up a meal with increased protein and reduced sugar.

MUSINSA Achieving "Record High" with Nearly US$ 733 million in Sales, Up 40% Last Year, Continues to Generate Solid Revenue Both Online and Offline

Retrieved on: 
Tuesday, April 9, 2024

Despite a somewhat sluggish domestic fashion market in the latter half of 2023, MUSINSA recorded a significant annual sales growth, reaching nearly US$ 733 million.

Key Points: 
  • Despite a somewhat sluggish domestic fashion market in the latter half of 2023, MUSINSA recorded a significant annual sales growth, reaching nearly US$ 733 million.
  • Building on a recent organizational restructuring, MUSINSA aims to establish a stable foundation for revenue generation and growth for the current year.
  • Despite challenging market conditions both domestically and internationally, with the online fashion market growing by 4.45% according to National Statistical Office, MUSINSA demonstrated remarkable growth.
  • On a consolidated basis, EBITDA also increased by 15.9% from 53.4 million US$ in 2022 to 61.9 million US$ in 2023.

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

Retrieved on: 
Tuesday, April 9, 2024

On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.

Key Points: 
  • On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.
  • Thus, it is praised as having the highest performance among sensing components for vehicles.
  • To achieve this performance, LG Innotek applied shortwave infrared rays instead of near-infrared rays used in conventional LiDARs.
  • Last year, LG Innotek acquired 77 US patents related to LiDAR from 'Argo AI,' an autonomous driving startup company specializing in LiDAR.

ERS electronic Announces Agreement with Geringer Halbleitertechnik GmbH & Co. KG to Strengthen R&D and Production Capabilities

Retrieved on: 
Tuesday, April 9, 2024

MUNICH, April 9, 2024 /PRNewswire/ -- ERS electronic , the industry leader of thermal management solutions for semiconductor manufacturing has finalized an agreement with Geringer Halbleitertechnik GmbH & Co. KG , a move poised to bolster its research and development (R&D) and production capabilities.

Key Points: 
  • MUNICH, April 9, 2024 /PRNewswire/ -- ERS electronic , the industry leader of thermal management solutions for semiconductor manufacturing has finalized an agreement with Geringer Halbleitertechnik GmbH & Co. KG , a move poised to bolster its research and development (R&D) and production capabilities.
  • Geringer was founded in 1991 and has established itself as a reputable developer and manufacturer of tailor-made manufacturing machines for the semiconductor industry.
  • "We are thrilled to welcome the team from Geringer to ERS and expand our APEqS Business Unit," says Laurent Giai-Miniet, CEO of ERS electronic.
  • As I transition into retirement, I wish ERS all the best and am excited to see the great things they will accomplish."

ERS electronic Announces Agreement with Geringer Halbleitertechnik GmbH & Co. KG to Strengthen R&D and Production Capabilities

Retrieved on: 
Tuesday, April 9, 2024

MUNICH, April 9, 2024 /PRNewswire/ -- ERS electronic , the industry leader of thermal management solutions for semiconductor manufacturing has finalized an agreement with Geringer Halbleitertechnik GmbH & Co. KG , a move poised to bolster its research and development (R&D) and production capabilities.

Key Points: 
  • MUNICH, April 9, 2024 /PRNewswire/ -- ERS electronic , the industry leader of thermal management solutions for semiconductor manufacturing has finalized an agreement with Geringer Halbleitertechnik GmbH & Co. KG , a move poised to bolster its research and development (R&D) and production capabilities.
  • Geringer was founded in 1991 and has established itself as a reputable developer and manufacturer of tailor-made manufacturing machines for the semiconductor industry.
  • "We are thrilled to welcome the team from Geringer to ERS and expand our APEqS Business Unit," says Laurent Giai-Miniet, CEO of ERS electronic.
  • As I transition into retirement, I wish ERS all the best and am excited to see the great things they will accomplish."

LG Innotek CEO Moon Hyuksoo aims to be the top in ADAS sensing by using 'High Performance LiDAR'.

Retrieved on: 
Tuesday, April 9, 2024

On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.

Key Points: 
  • On the 9th, LG Innotek (CEO Moon Hyuksoo) announced that they developed a 'high-performance LiDAR' by tripling its detection range in worsening weather conditions.
  • Thus, it is praised as having the highest performance among sensing components for vehicles.
  • LG Innotek developed a 'high-performance LiDAR' using its independent technology to overcome such limitations.
  • To achieve this performance, LG Innotek applied shortwave infrared rays instead of near-infrared rays used in conventional LiDARs.