solution – Asia Tab

JCN Newswire

NEC launches Value Added xHaul Solution Suite with Open Ecosystem

February 16, 2023

TOKYO, Feb 16, 2023 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701) and its ecosystem partners A10 Networks, Adtran (formerly ADVA), Fortinet and Juniper Networks have launched the Value Added xHaul Solution Suite to accelerate the monetization of operators' transport networks in the 5G era. The new solution suite will enable traditional IP and optical transport networking to bring additional value with enhanced capabilities, including datacenter networks, network security, and automation to maximize operators' profitability.In light of the transition to 5G, xHaul, the backbone of the entire network, needs to adapt to industry transformations, such as Open RAN to enable flexible networking, edge computing and network slicing for monetization, multi-domain automation for operational simplicity, as well as vigilant security measures to protect networks against increasing risks.To help operators tackle these emerging requirements for xHaul network evolution, NEC takes a unique holistic best-of-breed approach to move beyond the siloed proposition prevalent in the industry today. This collaborative approach improves efficiency and Return on Investment (ROI), enabling the optimization of the entire transport network. Leveraging its extensive experience as a global system integrator, as well as its IT and network engineering expertise, NEC delivers a single xHaul solution suite. The suite provides tailored solutions for operators to maximize the value and efficiency of their networks.As a part of 5G xHaul Transformation Services under NEC Open Networks, the new Value Added xHaul Solution Suite is engineered by NEC's 5G Transport Centers of Excellence (CoEs). NEC's central hubs meet regional and local operators' needs while ensuring the high performance of networks. The Value Added xHaul Solution Suite means NEC will continually contribute to advancing operators' xHaul networks and their business success globally. Supporting Quotes"We have been meeting the needs and demands of 5G in the networking and security areas through our strong and long-standing relationship with NEC. As a part of NEC's Value Added xHaul Solution Suite, we are thrilled to continuously provide solutions for the evolving 5G network," said Mikko Disini, VP Product Line Management, A10 Networks."This is an initiative based on strong relationships, close collaboration and our shared commitment to open and flexible ecosystems. Together, we're enabling operators to harness the latest multi-vendor innovation. With our secure optical and packet networking technology, along with our precise and reliable timing products, we're empowering NEC to address soaring demand for high-bandwidth, low-latency 5G networks and deliver a scalable solution for tomorrow's xHaul infrastructure," said Stephan Neidlinger, VP, Global Business Development, Adtran."The criticality of 5G networks and services in innovative use cases across industries emphasize the important role cybersecurity must play in operators' 5G infrastructure and services. As a leading cybersecurity vendor to mobile operators around the world, Fortinet is proud to be part of NEC's Value Added xHaul Solution Suite, empowering the delivery of secured, next-generation networking solutions to 5G operators," said John Maddison, EVP of Products and CMO at Fortinet."To be competitive, service providers must focus on the quality of user experience being delivered by their 5G-enabled infrastructure. So, it is crucial to select innovative, best-in-class solutions from a wide range of vendors in an open, interoperable environment (for example, Juniper's category-creating Cloud Metro portfolio), as well as work with a world-class integrator like NEC. This approach can uniquely unleash the true value of end-to-end automation, AI, cloud and other networking technologies in support of sustainable business models. Juniper welcomes this opportunity to continue our collaboration with NEC and its 5G ecosystem, creating networking solutions that can help service providers to deliver transformational experiences," said Thomas Desrues, Vice President, Strategic Alliances, Juniper Networks."NEC is committed to delivering innovative services with best-of-breed solutions built on a vibrant ecosystem of trusted industry partners. We are helping to resolve operators' pressing challenges in an end-to-end optimized approach. Our new Value Added xHaul Solution Suite addresses our customers' demands to adapt to emerging 5G dynamics in xHaul flexibly and with increased simplicity, better quality, and more profitability," said Hideyuki Ogata, General Manager, Service Provider Solutions Department, NEC CorporationAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

LG Energy Solution and Honda Formally Establish Battery Production Joint Venture

January 16, 2023

TOKYO, Jan 16, 2023 - (JCN Newswire via SEAPRWire.com) - LG Energy Solution (LGES; KRX: 373220) and Honda Motor Co., Ltd. (Honda) today announced the formal establishment of the joint venture (JV) which will produce lithium-ion batteries for electric vehicles (EV) produced by Honda.The JV will begin construction of a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion battery cells by the end of 2025. The plant aims to have an annual production capacity of approximately 40GWh. All batteries produced by the new JV will be supplied exclusively to Honda plants in North America to power battery-electric vehicles sold in North America. The new plant will be located approximately 40 miles southwest of Columbus in Fayette County, near Jeffersonville. LGES and Honda have committed to investing $3.5 billion and creating 2,200 jobs to establish the new production facility. The companies' overall investment related to the JV is projected to reach $4.4 billion.About the new JV:Company name:L-H Battery Company, Inc. (tentative name)Location:Jeffersonville, Ohio, U.S.A.Capital:$ 210 million USD (Percentage of ownership: 51% LGES, 49% Honda)Corporate officers:Robert H. Lee, CEO (Currently Executive Vice President, North America Regional Group Leader of LGES)Rick Riggle, COO (Previously Plant Lead of Anna Engine Plant of Honda Development and Manufacturing of America)Comments by Robert H. Lee, CEO of L-H Battery Company, Inc."LG Energy Solution has all the right assets to make this joint venture a success, including the financial stability, quality, competitiveness, and production capacity with global operational expertise," said Robert H. Lee. "With two companies' expertise combined, we will provide top quality batteries to ensure the successful launch of Honda EVs in North America, and grow with the community here in Ohio by creating high value jobs."Comments by Rick Riggle, COO of L-H Battery Company, Inc."The formal establishment of this joint venture between LG Energy Solution and Honda to produce EV batteries in Ohio is another major step toward our electrified future," said Rick Riggle. "We are excited to move forward with such a strong partner in LG Energy Solution and, together, we look forward to establishing a strong relationship with the community in Fayette County, Ohio."About LG Energy SolutionLG Energy Solution (KRX: 373220), a split-off from LG Chem, is a leading global manufacturer of lithium-ion batteries for electric vehicles, mobility, IT, and energy storage systems. With 30 years of experience in revolutionary battery technology and extensive research and development (R&D), the company is the top battery-related patent holder in the world with over 25,000 patents. Its robust global network, which spans North America, Europe, Asia, and Australia, includes battery manufacturing facilities established through joint ventures with major automakers such as General Motors, Stellantis N.V., Hyundai Motor Group, and Honda Motor Co. Ltd. At the forefront of green business and sustainability, LG Energy Solution aims to achieve carbon neutral operations by 2050, while embodying the value of shared growth and promoting diverse and inclusive corporate culture. To learn more about LG Energy Solution's ideas and innovations, visit www.lgensol.com.About Honda Motor Co., Ltd.Honda Motor Co., Ltd. (NYSE: HMC) is responsible for the development, production and sales of automobiles, motorcycles, power products and aviation products worldwide. Honda now delivers over 30 million products annually through its three product lines. Honda and its partners build products in more than 60 manufacturing plants in 27 countries, employing about 220,000 associates globally. On a global basis by 2050, Honda is striving to achieve carbon neutrality for all products and corporate activities, as well as zero traffic collision fatalities involving Honda automobiles and motorcycles. Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Fujitsu’s Digital Annealer achieves excellent results in the Kutxabank project of requesting assets from its investment portfolios

December 22, 2022

TOKYO, Dec 22, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu's quantum-inspired solution, Digital Annealer, has achieved excellent results in the ambitious project that the financial institution Kutxabank is developing to improve the allocation of assets to its investment portfolios.A project in collaboration with the company Quantum Mads and the open innovation platform INNOLAB Bilbao. The first phase, carried out from February 2021 to July 2022 as a proof of concept, has concluded with excellent results and directly enables the start of the second phase that will lead to the industrialization of the algorithm.During the proof of concept, the performance of the solution that has been developed using Fujitsu's Digital Annealer has been compared to the entity's current classic solution, taking into account both the return and the associated risk or volatility, with significant improvements being observed in both cases. Fujitsu's Digital Annealer has made it possible to calculate the optimal distribution of investments to be made, through a series of extremely complex permutation operations. For its part, Quantum Mads developed an algorithm that reduced the number of variables needed to formulate the problem.The second phase of the project, whose completion is scheduled for December 2023, aims to optimize the processes already in place, and incorporates new functionalities by interacting quantitatively with the model in a real and current environment. The goal for Kutxabank is to create a prototype capable of detecting needs and opportunities that are covered, with a technological solution in a real environment, and that concludes with the start-up of the solution based on the prototype.A model at the forefront of the systemThe model created applies quantum computing to the most computationally expensive tasks, at the forefront of the system, to organize investment strategies through asset allocation. It consists of choosing and distributing financial assets in an investment portfolio, one of the most important decisions faced by management companies. It has been accurately demonstrated that it is capable of processing large volumes of historical data, from the last 3 years, and improving its dynamic adaptation to financial markets.Fujitsu Digital AnnealerFujitsu's Digital Annealer is the quantum-inspired digital technology architecture that harnesses innovations in high-density circuit integration and high-performance processing. This innovative architecture is inspired by the key features of quantum computing (superposition and quantum tunneling), allowing the Digital Annealer to evaluate a large number of potential options simultaneously and deliver lightning-fast responses.The current generation Digital Annealer has the ability to solve problems with up to 100,000 variables, which substantially expands the scale of problems that can be solved at the same time, optimizing their accuracy and performance.This solution has proven to be the best in its class for quickly finding an optimal solution when there are an extremely large number of possible combinations.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. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Blockpass Introduces 1st Unhosted Wallet KYC Solution in the Crypto Sector

December 1, 2022

HONG KONG, Dec 1, 2022 - (ACN Newswire via SEAPRWire.com) - Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023.Unhosted or 'non-custodial' wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or trading platforms hosting them over the years, there is an inherent risk that those trading with them are involved with fraudulent activity, terrorist financing or other illicit activities. To combat this, regulators around the world are developing requirements for unhosted wallets to pass through KYC controls and prove that they own the wallet. The world of crypto is going to be different, more regulated than ever from 2023 forwards. To ensure our current and potential customers are ready for it, Blockpass has developed and now released the very first Unhosted Wallet KYC solution, able to be implemented quickly and seamlessly to allow business customers to prove that user withdrawals to unhosted wallets are compliant.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosystem of services, token purchases and access to regulated industries. For businesses and merchants, Blockpass is a comprehensive KYC & AML SaaS that requires no integration and no setup cost. You can set up a service in minutes, test the service for free and start verifying and on-boarding users. Currently, with around one million verified user identity profiles, Blockpass facilitates instant onboarding, and to date over a thousand businesses have taken advantage of this opportunity to get access to users, including those with unhosted wallets, with reusable digital identity profiles."The increasing trend of cryptocurrency regulation is something we've always known was coming and welcomed in order to see a stronger and more widely accepted crypto market." said Adam Vaziri, Blockpass CEO. "We've been closely monitoring the state of regulations worldwide in order to prepare, adapt and develop our products to meet or exceed upcoming regulatory standards before they impact businesses. We make sure everyone has time to adjust to new requirements."Blockpass has grown significantly in size and use since its inception, both in the number and range of users and organizations it has partnered with and the scope of its work. Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience. The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass' On-chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer. Through its work with Animoca Brands from early 2022, Blockpass provides a zero knowledge KYC service where the delivery of the verification result is provably sent and shown on a blockchain without sharing the underlying data. This represents a significant step towards the future Blockpass hopes to bring about where identity verification can be proved without revealing any personal information at all.About BlockpassBlockpass is building trust in the Crypto Economy by providing..- A home for all your Crypto KYC needs - KYC & AML for DeFi, exchanges & blockchains, Travel Rule provision for regulated VASPs, and blockchain forensics.- A decentralized network of around one million crypto enthusiasts with portable KYC profiles and around one thousand business customers.- The fastest, most affordable, fully stacked KYC & AML screening in the Crypto sector.- The first and only KYC & AML "Crypto Travel Rule" solution for unhosted wallets. In 2021, Blockpass was invited to enter the Cohort 7 of the UK Financial Conduct Authority Sandbox to offer a pilot our solutions for the UK market. Blockpass also introduced the On-chain KYC(R) solution that enables customers to access zero-knowledge verification of users so they can access provably completed verifications and adhere to standards without seeing the underpinning data. In 2022, Animoca Brands and Yuga Labs utilized On-chain KYC(R) when they verified over 150,000 users in the $320 million Otherside NFT sale - the largest to date in Crypto sector history.The Blockpass App is available from the App Store and Google Play. For more information and updates:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgEmail: sales@blockpass.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

MHI: Joint Demonstration of Automated Picking Solution Launched in Collaboration with Kirin Group

November 21, 2022

TOKYO, Nov 21, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Mitsubishi Logisnext Co., Ltd., a global player within MHI Group, engaged in logistic machinery and solution business, will launch joint demonstration of an automated picking solution for beverage warehouses in collaboration with Kirin Beverage Co., Ltd. and Kirin Group Logistics Co., Ltd. from the end of this month.The demonstration includes establishment and verification of MHI's automated picking system's operating processes at "LogiQ X Lab". The demonstration facility is located within Yokohama Hardtech Hub (YHH), a co-creation space operated by MHI in Yokohama. The ultimate aim is to install automated picking solutions(Note1) developed by MHI Group in beverage warehouses, which typically rely heavily on manual labor, placing a burden on logistics operators. The joint demonstration will continue through the end of June 2023.Until now, warehouse workers have borne the bulk of responsibility for pursuing increased efficiency in their picking operations. Going forward, with MHI Group's automated picking solutions, automation and intelligence can be introduced into the picking process through application of the "∑SynX" (Sigma Synx) solution concept(2) currently under development by MHI. Optimized engines and an integrated control system, all developed in-house, together enable efficient coordination of multiple automated guided forklifts (AGFs), automated guided vehicles (AGVs) and palletizers(3). This results in fewer picking and transfer operations, optimized picking processing, and higher throughput.Within Kirin Group, automation is steadily being introduced on production floors, but logistics in the company's warehouses continue to rely heavily on work performed by manual labor and use of manned forklift trucks. The need to improve the work environment, especially through measures for picking heavy loads, and shortages of logistics operators, pose significant challenges. In the demonstration now underway, AGFs, AGVs and palletizers are being coordinated under Kirin Beverage's warehouse operation conditions, and optimized control under ∑SynX is being verified in a quest to solve the challenges inherent in warehouse distribution with optimal safety.Going forward, through the coordination with Kirin Group in this demonstration program, MHI Group will continue to work to solve the diverse distribution challenges faced by the beverage industry.(1) For details, refer to: www.mhi.com/news/22083102.html(2) ∑SynX is MHI's standard platform for synchronizing and coordinating various types of machinery systems. It consolidates a host of digital technologies that enable optimized operation by making machinery systems intelligent.(3) A palletizer is a device that performs automated placement and stacking of products, such as beverage cases, on pallets.About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

SeaPRwire

swIDch wins ‘Transaction Security Solution of the Year’ at the CyberSecurity Breakthrough Awards for the third year

October 13, 2022

London, UK, October 13, 2022 - (SEAPRWire) - swIDch, an innovative cyber security start-up with offices in London, Seoul & Singapore today announced it has once again been selected as a winner at the annual CyberSecurity Breakthrough Awards, taking home the win for "Transaction Security Solution of the Year". swIDch has now claimed the top prise at this prestigious annual event for three years in a row, confirming its position as a company at the forefront of pioneering cyber security technologies. The Cybersecurity Breakthrough Award is a world-class international award that selects the most innovative and leading companies, technologies, and products in cybersecurity. This year's award analysed around 4,100 nominations from all over the world, including top companies and startups in the larger information security industry, covering areas across Cloud Security, Threat Intelligence, Encryption, Identity Management and many more. swIDch has successfully established a new payment security solution directly utilising the IC chip that adopts its patented technology, One Time Authentication Code (OTAC). It's TAP-OTAC turns standard payment cards such as debit and/or credit cards into 'One-time-password' generators, producing non-duplicate and non-reusable OTPs by simply tapping the card on the user's mobile device. It means that users acquire the advantages of hardware OTP (hardware tokens) and mobile OTP (software tokens) at the same time: robust security alongside a super-convenient user experience. The technology has already been adopted by Toss Bank, a leading Korean challenger bank with over 20 million users, with multiple other prominent digital banks in talks to also adopt their technology as well. OTAC technology combines user identification and authentication steps into one single dynamic code, removing layers, reducing server loads and bringing breach risk to near zero. It can also generate both on and offline enabling uninterrupted use, plus it's tiny size (

SeaPRwire

KLT develops the new ‘Pulsarlube M,’ an automatic grease lubricator with improved durability and customer convenience

August 25, 2022

Seoul, Korea, August 25, 2022 – (SEAPRWire) – KLT, which has gained international recognition with an automatic grease lubricator, plans to release the new Pulsarlube M in January 2023. It is important to accurately and regularly maintain lubrication for bearing in order to extend a machine’s life. However, applying the required amount of grease regularly in a workplace or where various facilities are managed is not easy. To come up with a solution, KLT has tried to develop an automatic grease lubricator suitable for various industrial environments for the past 30 years, and has recently completed the development of a new Pulsarlube M, which is soon to be launched. KLT’s new Pulsarlube M complemented the existing product’s mechanical joints, strengthened durability with a waterproof/dust-proof design (IP65), and improved convenience by adding various functions such as backlight, auto conversion of setting mode and upgrading GUI. Easy-to-replace grease pouch and battery pack enable automatic lubrication for a long time, which helps extend the equipment’s life and reduce costs, along with its strengths in convenience, safety, and manageability. News on the product can be found on the KLT website (www.pulsarlube.com). Meanwhile, KLT, a comprehensive lubrication solution provider that has established an incomparable position in the field of automatic grease lubricators for the past 30 years, is recognized worldwide for its technology with strict quality control and continuous product development. In particular, it utilizes patented cutting-edge technology to provide the most innovative and reliable automatic single/multi-point lubricator in the market. An official of KLT said, “We will grow into a global lubrication solution provider presenting more satisfactory services to customers around the world through diversified and excellent products and well-established distribution networks by researching and developing to meet customer needs based on years of research and development.” Media Contact Brand: Pulsarlube USA Inc. Contact: Yang, Yun Jong Email: info@pulsarlube.com Website: https://www.pulsarlube.com/ Telephone: +1 (847) 593-5300 SOURCE: Pulsarlube USA Inc. The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

ACN Newswire

IVD Medical Announces 2022 Interim Results

August 22, 2022

HONG KONG, Aug 22, 2022 - (ACN Newswire via SEAPRWire.com) - IVD Medical Holding Limited ("IVD Medical" or the "Group"), a leading distributor of In Vitro Diagnostic ("IVD(1)") products in the PRC, has announced its interim results for the six months ended 30 June 2022 ("Period"). During the Period, although hospitals were closed and other quarantine and social distancing measures were put in place in mainland China due to the COVID-19 pandemic, which resulted in a temporary decrease in end customers' demand for IVD product. With the help of its competitive and diverse product portfolio, extensive distribution network and growing maintenance services business, the Group still recorded revenue of RMB1,176,557,000 (six months ended 30 June 2021: RMB1,186,791,000), a similar level to that in the same period last year. Gross profit increased by 11% year-on-year to RMB266,423,000 and gross profit margin was up 2.4 percentage points year-on-year to 22.6%. The increases were mainly attributable to the decrease in purchase price of IVD analysers and the increase in maintenance services revenue with relatively stable maintenance cost. Driven by rising profit margin, the Group's adjusted profit for the period amounted to RMB96,773,000, 6.7% more year-on-year. The Board resolved to declare the payment of an interim dividend of HK2.729 cents per share for the six months ended 30 June 2022. Mr. Ho Kuk Sing, Chairman of IVD Medical, said, "In 2022, although the business environment of the medical industry has been tough under the pandemic, we have worked hard to overcome challenges and optimize our business operations. For distribution business, we signed a five-year exclusive distribution agreement with Sysmex in April this year. We have expanded our distribution network and hospital coverage to consolidate our position in the industry. Furthermore, our maintenance services business has been developing steadily with the notable growth in revenue, gross profit and gross profit margin. Looking ahead, we are prepared to capture potential growth opportunities in the industry and committed to bring better and long-term returns to shareholders."Business ReviewThe Group is a leading distributor of IVD products in the People's Republic of China ("PRC"). It has also engaged in research, development, manufacturing and sales of its self-branded IVD products.Distribution BusinessThe distribution of IVD products forms the cornerstone of the Group's business. It primarily involves the trading of IVD analysers, reagents and other consumables to customers such as distributors, hospitals and healthcare institutions and logistics providers. During the Period, revenue from this segment was RMB1,097,468,000, with gross profit up 3.1% to RMB216,907,000.Through years of operation, the Group has established an expansive distribution network across 29 provinces, municipalities and autonomous regions in the PRC with an extensive hospital coverage. As of 30 June 2022, the Group has 204 direct customers, including hospitals and healthcare institutions, and 908 distributors in its established distribution network. The Group distributes IVD products through its wholly-owned subsidiary Vastec Medical Limited ("Vastec"). Vastec has been the sole nationwide distributor of Sysmex haemostasis products with exclusive distribution rights in the PRC since 1997, and also procures a diversified portfolio of IVD products from other leading international brands for distribution in the PRC. On 1 April 2022, Vastec signed a five-year distribution agreement of Sysmex haemostasis products with exclusive distribution rights which is valid till 31 March 2027. The agreement has helped to strengthen the long-term and quality cooperation between Vastec and Sysmex. Moreover, the Group has provided four Thrombotic Markers(2) products manufactured by Sysmex to the market. These products adopt highly sensitive chemiluminescence technology, which may facilitate early diagnosis of thrombosis and fibrinolysis. The Group also provides solution services to clinical laboratories of hospitals, as such, it has enabled the Group to establish and maintain direct relationships with local medical practitioners so as to keep the Group close to the frontline of the medical practice and the demand of IVD products. In the first half of 2022, the Group provided solution services to eight Class III hospitals in the PRC.Maintenance ServicesThe Group provides maintenance services to end customers of Sysmex' haemostasis analysers. In 2017, Vastec entered into a maintenance services agreement with Sysmex to provide maintenance services to haemostasis analysers procured by its end customers. The maintenance services provided by Vastec generally include maintenance and repair services, installation services and end customer trainings. And, it primarily provides its maintenance services to hospitals and healthcare institutions. During the Reporting Period, the maintenance services business has been sustainably and steadily developing, with revenue amounted to RMB77,286,000, up by 27.8% against the same period last year. Gross profit of this segment increased by 70.2% to RMB48,388,000 and gross profit margin was up 15.6 percentage points to 62.6% for the period. Self-Branded Products BusinessThe Group has also engaged in the research and development, manufacturing and sales of IVD analysers and reagents under its own brand. The Group's self-branded IVD reagents were manufactured by Suzhou DiagVita Biotechnology Co., Ltd. and Bazoe Medical Co., Ltd., and the Group's IVD analysers were produced by its equipment manufacturers, IVD Medical Equipment (Shanghai) Ltd. and Langmai Biotechnology (Shandong) Co., Ltd. In addition, the Group distributes self-developed IVD products under its own brand which includes IVD analysers and reagents primarily under the IVD testing category of Point-of-care testing ("POCT"), mass spectrometry and microbiology.OutlookIn the future, the Group will continue to consolidate its leading position in the IVD industry in the PRC. To realise this goal, the Group aims to continuously expand its product portfolio by diversifying product categories, increasing brand coverage, and further expanding the breadth of its distribution network and hospital coverage. In this way, the Group will be able to capitalise on the high growth potential in the IVD market.Furthermore, the Group will continue to develop its distribution business by enhancing its capacity in providing solution services. By being the general supplier of the clinical laboratory department in such hospitals, the Group participates in the design of laboratory layout, provides centralised procurement of IVD products, conducts real-time inventory monitoring and provides other after-sale services to clinical laboratories. It also plans to hire more sales personnel to promote and market its solution services and to stock sufficient IVD products of various brands to strengthen its advantages in centralized procurement. To enhance brand awareness, it will continuously participate in national and local IVD symposiums, as well as academic conferences. In addition, the Group believes that strong research and development ("R&D") capabilities are critical to securing its future development and sustainable growth. It will therefore invest more resources to further improve its R&D capabilities by acquiring equipment, instruments and hiring experts in the relevant fields. The Group will also engage in research projects to further develop self-branded IVD products that holding promising market potential. The Group is keen to further strengthen product quality management and optimize the performance and applicability of self-developed products to improve market competitiveness.Mr. Leung King Sun, Chief Operation Officer of the Group, said, "Given the growing medical expenses per capita and government support to the industry pursuing technological development, the Group remains optimistic about the development prospects of the medical market in the PRC, particularly the medical equipment market. Priding competitiveness, a diverse product portfolio, an expansive distribution network and extensive hospital coverage, we are confident of seizing every potential opportunity. Meanwhile, we will continue to strengthen solution services for hospitals and enhance R&D capabilities for our own brands, and ultimately consolidate our leading position in the industry."About IVD Medical Holding LimitedIVD Medical Holding Limited ("IVD Medical" or the "Group") is a leading distributor of IVD products in the PRC. Its key subsidiaries include Vastec Medical Limited, Dacheng Medical Equipments (Shanghai) Co., Ltd., IVD China Limited, Suzhou DiagVita Biotechnology Co., Ltd., Langmai Biotechnology (Shandong) Co., Ltd and Bazoe Medical Co., Ltd. The Group's distribution network covers 29 provinces, municipalities and autonomous regions across the PRC. It is the sole national distributor of Sysmex' haemostasis products in the PRC and provides maintenance services to its end customers. It also engages in the R&D, manufacturing and sales of self-branded IVD analysers and reagents and provides solution services to clinical laboratories of hospitals for centralised procurement.Notes:(1) IVD, "In Vitro Diagnostic", which encompasses tests done on samples such as blood or tissue taken from the human body(2) 4 Thrombotic Markers refer to: 1)TAT: Thrombin-antithrombin complex, 2)PIC: Plasmin - a2-plasmin inhibitor complex, 3)TM: Thrombomodulin, 4)t-PAI-C: Tissue plasminogen activator/plasminogen activator inhibitor-1 complex.Media Enquiries:Strategic Financial Relations LimitedHeidi So Tel: (852) 2114 4320 Email: heidi.so@sprg.com.hkYan Li Tel: (852) 2864 4826 Email: yan.li@sprg.com.hkCherry Chen Tel: (852) 2114 4309 Email: cherry.chen@sprg.com.hkFax: (852) 2527 1196 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

JCN Newswire

Fujitsu Conducts Successful Large-scale Electromagnetic Wave Simulations for Space Industry, Urban Transport Use Cases with Solution for HPC Cloud

July 21, 2022

TOKYO, Jul 21, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced that it conducted successful large-scale electromagnetic wave simulations for a series of use cases in different industries using a cloud-based application for the supercomputer Fugaku(1).Figure 1 XRISM Satellite and radio intensity calculation resultsFigure 2 Overview of the analysis modelFujitsu envisions that this new analysis solution will help address issues related to electromagnetic interference between electronic components and communications equipment for customers in the space and urban transportation fields. To demonstrate its capabilities, Fujitsu conducted simulations for use cases in these two fields from January to March 2022 and confirmed the effectiveness of the analysis solution as a cloud service between April and July 2022.Through the simulations, Fujitsu demonstrated how to harness the power offered by the use of HPC resources through a cloud environment to execute precise simulations of complex and large-scale electromagnetic wave problems that could not be solved with conventional approximation algorithms(2).Fujitsu aims to provide solutions and consulting services related to electromagnetic compatibility testing by leveraging the solution's high-precision electromagnetic wave analysis capabilities as part of Fujitsu's Computing as a Service (Below, CaaS) portfolio by the end of FY 2023 in Japan. Fujitsu is further promoting "Sustainable Manufacturing" to achieve growth through the coexistence of people and the earth as one of its key focus areas under its global business brand, Fujitsu Uvance.BackgroundElectromagnetic interference between electronic components and communications equipment represents an ongoing challenge for manufacturers in a wide range of areas, including electronic equipment, automobiles, and space equipment, and demand for electromagnetic analysis solutions to evaluate electromagnetic compatibility is increasing. Accurate simulations of complex and large-scale electromagnetic wave interference problems require computing power, and users without access to an HPC environment need to perform simulations using conventional approximation algorithms that offer only limited analysis accuracy.Fujitsu plans to provide its electromagnetic wave analysis solution to address this challenge. The solution, available as a cloud-based application, relies on the FDTD method(3) to obtain accurate outcomes and will allow users from a wide range of industries to easily access Fujitsu's advanced computing technologies.To verify the effectiveness of its solution as a new cloud-service, Fujitsu conducted large-scale electromagnetic wave simulations in the following two areas.Outline of the verification tests1. Quantitative evaluation of electromagnetic interference problems in latest X-ray space telescopes(Case study by JAXA Institute of Space and Astronautical Science)The Japan Aerospace Exploration Agency (JAXA) utilized Fujitsu's wave analysis solution to conduct large-scale electromagnetic wave simulations evaluating the radio wave intensity in the X-ray spectrometer(4) of JAXA's X-ray imaging satellite XRISM(5). Utilizing Fujitsu's solution, JAXA was able to generate an experiment environment that simulates observation conditions as in outer space and conducted evaluations that could not be performed with traditional computing methods(6). As a result, JAXA successfully confirmed that the radio wave intensity in XRISM's X-ray spectrometer is at a level that does not affect the observation performance of the satellite even on orbit.Details of the simulations:- Analysis target: X-ray spectroscopic imaging satellite XRISM- Analysis scale: up to 193.5 billion grids- Analysis time: 3 hoursComment from Masahiro Tsujimoto, Associate Professor, JAXA Institute of Space and Astronautical Science:"High-frequency simulations using CAD models of all satellites, which have been difficult to perform with traditional computing methods, can be performed with a single solution now thanks to Fujitsu. This represents a major technical advance in satellite design. In the XRISM satellite project, the results of this simulation played an important role in quantitatively evaluating unverified risks and confirming the validity of the design."2. Evaluation of communication quality of roadside-to-vehicle communication using 5G to contribute to safer traffic and accident prevention in urban areasFujitsu conducted large-scale electromagnetic wave simulations utilizing its wave analysis solution to evaluate roadside-to-vehicle (high-speed 5G) communication quality between transmitters installed at intersections and receivers installed in vehicles. In the simulations, Fujitsu also observed the effect of obstacles including surrounding buildings, roadside objects, and other vehicles in urban areas on communications quality(7). Fujitsu further directly calculated the strength and delay spread(8) of radio waves received by each vehicle's receiving antenna from transmitters installed at intersections using FDTD method simulations to achieve exact communication quality evaluation.As a result, Fujitsu successfully conducted electromagnetic wave simulations analyzing a large urban area model taking into account complex wavelength orders(9) and proved that simulations conducted with its wave analysis solution can deliver accurate results that incorporate the effect of interference caused by complex obstacles in urban areas.Details of the simulations:- Analysis target: Intersection area city model including detailed model of roads and surrounding objects (model of the crossing in front of Musashinakahara station of JR Nambu Line in Nakahara-ku, Kawasaki City, Kanagawa Prefecture, Japan)- Analysis size: 1 trillion grids- Analysis time: Approximately 3 hoursAcknowledgementsThe analyses mentioned in this release were conducted as part of the "Research for an environment to run scientific simulation software on Fugaku," a collaborative research project for a trial cloud-like use service using the computational resources of the supercomputer Fugaku, with computing resources provided by the RIKEN Center for Computational Science. (Project #: ra010012).(1) Supercomputer Fugaku :A computer installed at RIKEN as a successor to "K computer". From June 2020 to November 2021, Fugaku ranked first for four consecutive years in four of the major high-performance computer rankings. Fugaku was made available for shared use staring March 9, 2021.(2) Approximation algorithms :A method used to efficiently obtain the best possible solution in a realistic time for a problem for which it is difficult to obtain an exact solution. However, approximation is performed under a certain condition constraint, and a calculation result close to an exact solution can be obtained only when the condition constraint is satisfied. If not, an accurate calculation result cannot be obtained.(3) FDTD method :"Finite-Difference Time-Domain Method," a method for calculating the behavior of electromagnetic waves using a computer. An exact solution of Maxwell's equations in time and space by the finite difference method.(4) X-ray spectrometer :A device that detects electromagnetic waves in the X-ray region by decomposing them for each wavelength.(5) X-ray imaging satellite XRISM :X-Ray Imaging and Spectroscopy Mission. JAXA's seventh X-ray astronomy satellite project launched in 2018 with the cooperation of NASA and ESA. The XRISM, which is 5 to 6 meters long and has an 8-plane cylindrical shape, is equipped with an X-ray imager with a wide field of view and an X-ray spectrometer with the world's best spectroscopic performance cooled at extremely low temperatures.(6) The X-ray spectroscopic imaging satellite XRISM, which is scheduled to be launched in fiscal 2022, is equipped with an X-ray imager with a wide field of view and an X-ray spectrometer cooled to a very low temperature. Since X-ray spectrometers are highly sensitivity towards even small energy inputs, it is necessary to minimize the effect of noise on X-ray spectrometers caused by signals other than celestial bodies, especially communication radio waves with the ground, so as not to affect the observation performance of celestial bodies. Normally, risks related to electromagnetic interference are verified by satellite tests before launch, but since X-ray spectrometers cooled to very low temperatures must be kept in a vacuum chamber and cannot be opened on the ground due to impacts of the atmosphere, the same observation conditions as in outer space cannot be realized in experiments on the ground, and sufficient verification has not been possible until now. To address this issue, JAXA utilized Fujitsu's wave analysis solution to conduct large-scale electromagnetic wave simulations in which the vacuum tank cover was opened based on data modeling of the complex and detailed structure of the satellite.(7) Communication quality of vehicle-to-vehicle and roadside-to-vehicle communication in urban space is affected not only by communication distance but also by surrounding buildings, roadside objects, and other vehicles. To realize stable, high-speed 5G communications, it is important to evaluate communication quality as these effects increase along with a higher communication speed. Analysis of communication quality proved to be difficult until now as approximation algorithms do not support evaluation of the effects of complex buildings, large objects and other obstacles.(8) Delay spread :An index that affects the error rate in digital communication. The larger the value, the more likely the communication throughput speed is to decrease.(9) Wavelength order :A length close to the wavelength of electromagnetic waves (for example, at 4.7 GHz, about 6.4 centimeters). If the shape of the object has a complexity of less than this length, an approximate solution cannot be used in electromagnetic wave simulation, but must be solved by an exact solution such as the FDTD method featured by Fujitsu's analysis solution.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. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)