Peak Unveils 6 National Uniforms for PyeongChang 2018 Winter Olympics

February 12, 2018

Chinese sportswear brand PEAK held a collection release conference which unveiled the uniforms of six national teams that will participate in the 2018 Winter Olympics. These nations include Brazil, Slovenia, New Zealand, Iceland, Ukraine and Romania.

Peak Unveils 6 National Uniforms for PyeongChang 2018 Winter Olympics

Mr. Sergey Bubka, IOC member and the president of the Ukraine Olympic Committee made a speech at the conference. He explained why they chose PEAK as the Ukrainian Olympic team uniform provider: “We are not the first time to cooperate with PEAK. We believe in this famous Chinese sports brand and our athletes like it so much.”

PEAK has an international designer team. They work diligently to make each uniform practical and unique. The uniform of Slovenia is a good example. The lines represent the highest peak of Slovenia and the main color epitomizes “natural, energetic and fresh”. PEAK expects athletes to feel energy and hope with their uniforms.

CEO of PEAK Sports, Mr.Xu Zhihua explained that the designs of the 6 uniforms were not only a blend of each nation’scharacteristics but also displayed the application of PEAK Temperature Control Technology.

From the 2008 Beijing Olympics to the 2018 PyeongChang Winter Olympics, Peak has made extraordinary progress in cooperation with National Olympic Committees (NOCs). Mr. Xu Zhihua has faith that PEAK is getting more and more recognition all over the world. PEAK keeps on developing more products to satisfy customers and help them experience snow and ice events’ charms.

LONGi Plans To Triple Its Wafer Capacity To 45GW By 2020

News Hub Asia Reporter

February 9, 2018

In January 2018, the world’s leading monocrystalline manufacturer, LONGi Green Energy Technology Co., Ltd., (hereinafter referred to as ‘LONGi’) announced its strategic 3-year plan for its monocrystalline wafer business for the period from 2018 to 2020. In order to accelerate the progress of the PV industry, and to meet the growing demand from downstream users, LONGi plans to expand its monocrystalline silicon wafer capacity to 45GW by 2020.

In its strategic 3-year plan, LONGi showcased its phased approach for the steady expansion of its production capacity of monocrystalline silicon wafers. Based on a silicon wafer capacity of 15GW by the end of 2017, the company will aim to increase this to 28GW by the end of 2018, to 36GW by the end of 2019 and to 45GW by the end of 2020. LONGi will continue to reduce production costs, and ensure the market supply of efficient monocrystalline products.

LONGi stated that the technical quality and cost objectives of its newly producing projects should support the ongoing requirements of China’s national PV grid parity and the company will concentrate on cost-effective monocrystalline products in order to consolidate its leading position in this segment. LONGi aims to ensure that the standard silicon/non-silicon cost of new wafer projects does not exceed RMB1 ($0.16) per piece, whilst guaranteeing the wafer quality will continue to support a conversion efficiency for mainstream PERC cells of higher than 22.5% with degradation within 1% for mass production.

Today, LONGi manufactures its solar products mostly in China, but also operates capacity in Malaysia. In the past two months, LONGi has begun production in two new locations: Yunnan Chuxiong (10GW monocrystalline wafer) and Yunnan Lijiang (5GW monocrystalline ingot). There is a third factory in Yunnan Baoshan due to come online around October 2018, again for production of 5GW of monocrystalline ingot.

LONGi’s strategy on mass production of monocrystalline wafers will mean prices will almost certainly fall. The mass supply of lower price monocrystalline wafers, allied to the advantages of PERC and bifacial technology will inevitably accelerate the advent of grid parity.

SOURCE LONGi Solar

Dato’ Ts Abd Radzak Abd Malek FCILT as International President Elect

News Hub Asia Reporter

February 7, 2018

The Chartered Institute of Logistics and Transport is pleased to announce Dato’ Ts Abd Radzak Abd Malek FCILT as International President Elect. Radzak will assume the Presidency in January 2020.

As International President, Radzak intends to focus on several key areas, including Young Professionals (YP), Women in Logistics and Transport (WiLAT), Regional Structures and Industrial Revolution 4.0 in Logistics and Supply Chain.

Continuing the excellent work done by current International President Kevin Byrne, Radzak is determined to keep Young Professionals at the heart of the CILT International agenda. In addition to awareness and outreach programmes intended to increase the profile of talented Young Professionals, and a policy to ensure all branches have YP facing structures, Radzak will integrate our YP network with our Career Development tools, allowing tomorrow’s leaders to anchor the journey from Member to Chartered Member and beyond.

As a strong supporter of women in the workplace, Radzak will also focus on assisting the creation of WiLAT chapters in all CILT branches. In countries where there is no CILT presence, neighbouring branches will be encouraged to support WiLAT oriented activities, with the long-term view of establishing a full CILT and WiLAT presence.

Furthermore, Radzak is keen to see growth in the number of WiLAT members. In addition to a number of outreach and awareness campaigns, he will put the support of the International Presidency behind a Members-Get-Members recruitment drive, to ensure we are reaching out to and representing all women working in our industry, at all levels and in all countries.

In the spirit of Stronger Together, Radzak will seek to widen CILT activities in all countries with established CILT offices, and strengthen CILT in other affiliated member countries. He will also seek to strengthen our Regional Forums to encourage better understanding of the cultures, opportunities and challenges of different countries.

Speaking about the appointment, Dr Dorothy Chan, former CILT International President backed Radzak to succeed. ‘I give my full support to Dato’ Radzak’s appointment as CILT International President. He has been a strong leader for CILT Malaysia, which is growing fast, and through his commitment and vision will, I am sure, lead CILT to even greater things. He is a strong supporter of the interests of Young Professionals, and under his Presidency CILT Malaysia was among the first to form a WiLAT Chapter. Since then he has given unwavering support to WiLAT activities, which fully demonstrates his commitment to equality in our industry. He is a respected member of CILT and a good friend of mine.’

The Minister of Higher Education in Malaysia, YB Dato’ Seri Idris Jusoh, commended Radzak’s vision, saying that ‘(his) exemplary leadership has certainly benefitted many in the education community, in line with the Ministry’s Soaring Upward mission. I strongly believe (Radzak) will provide strong leadership to CILT International to further the cause of the Institute, not only in Malaysia but more importantly to other regions worldwide.’

Voicing his support for the announcement, YB Dato Aziz Kaprawi, the Deputy Minister of Transport in Malaysia, pointed to Radzak’s great contributions to the Logistics and Transport industry, and in Malaysia in particular, saying ‘We trust that the Institute has made the right and excellent choice based on (Radzak’s) knowledge, expertise and experience. We were indeed proud to work with (him) and CILT Malaysia, with (his) significant contributions to the Ministry of Transport Malaysia’.

These sentiments were further echoed by YB. Dato’ IR. Hj. Nawawi Bin Hj. Ahmad, Chairman of KTMB, who said ‘Everyone wants success…(Radzak) knows that hard work and great dedication is the way to go.’ Whilst in a letter of support, Mr. Voravuth Mala of the State Railway of Thailand recognized Radzak’s long service to the industry and pointed to a prosperous future for CILT with Radzak at the helm. ‘I am looking forward to working closely with (Radzak) and strengthening the co-operation between our organisations.’

A member of CILT for 17 years, Radzak joined in 2001, rising to become President of CILT Malaysia in 2004, a role he continued until stepping down in 2008. In 2010, Radzak was re-elected President of CILT Malaysia, and in 2012 was appointed International Vice-President for the South East Asia region.

Born in Kampong Gunung Mesah Hilir, Gopeng, a village in Perak state, Radzak started his 37-year career in logistics in 1972 as a Railway Station Master with Keretapi Tanah Melayu Berhad (KTMB), the Malaysian national rail carrier. After obtaining a BA (Hones) from the Malaysian Science University (USM), Radzak continued his journey with KTMB, culminating in his appointment as Managing Director in 2007.

In addition to his professional work, Radzak currently holds positions on several boards including the Board of Advisors to the Malaysia Institute of Transport, the Board of Industry Advisory Council of University Kuala Lumpur, the Board of the Malaysian Professional Centre, as well as his role as President of the Malaysian Services Providers Confederation. He was made Dato’ Paduka Mahkota Perak by the Ruler of Perak in 2009.

Industrial and Commercial Bank of China and Kaligo Solutions announce strategic partnership to launch new and innovative rewards capabilities

News Hub Asia Reporter

February 5, 2018

Industrial and Commercial Bank of China (ICBC), the world’s largest bank by assets and the world’s largest public company as per the Forbes Global 2000 ranking, alongside Kaligo Solutions, the global leader in loyalty innovation, have announced a comprehensive partnership to launch a suite of market-leading travel and premium rewards propositions for ICBC credit card customers, a base with over 140 million cards in force worldwide.

The new partnership reinforces ICBC’s position as China’s foremost payment card issuer, and offers unique and innovative ways for customers to redeem their ICBC loyalty points in real-time with greater flexibility and at greater value than ever before. By partnering with Kaligo and investing in their breakthrough technology, ICBC is executing on their mandate to attract and retain the highly sought after premium cardholder portfolio while elevating their global brand presence.

Effective immediately, ICBC cardholders can, for the first time, transfer their proprietary loyalty points to a broad selection of over a dozen airline and hotel loyalty programs both globally and domestically. The loyalty currency exchange platform, mobile app experience, customer servicing and fulfilment and overall program management are all managed under Kaligo’s suite of solutions. Additional redemption content, including gift card options, will be released progressively.

“We’re delighted to be partnering with ICBC, China’s largest financial services player to drive imperative changes in global customer loyalty and engagement,” said Kyle Armstrong, CEO Kaligo Solutions. “For affluent customers who travel globally, the value of being able to exchange bank points into frequent flyer miles is unmatched. We’re focused on continuing to provide ICBC unique and differentiated product offerings to their broader customer base globally.”

TransferConnect is the world’s first marketplace dedicated to connecting leading financial services brands with frequent traveller rewards programmes globally. Banks who join the TransferConnect network benefit from the simplicity of a single technical integration and the opportunity to work with dozens of airline and hotel rewards programme partners in a single effective ecosystem.

About ICBC

ICBC was founded on 1 January 1984. On 27 October 2006, ICBC was successfully listed on Shanghai Stock Exchange and Stock Exchange of Hong Kong Limited. Through stable growth and development, ICBC is now one of the largest listed banks in the world, providing comprehensive financial products and services to 5.78 million corporate customers and 530 million personal customers.

About Kaligo Solutions

Kaligo Solutions is operated by Kaligo Pte Ltd., the global leader for innovative travel and loyalty technology. Established in Singapore with offices across APAC, Europe and the Americas, Kaligo Solutions enables 70+ of the world’s leading loyalty programs to drive engagement through highly innovative and purpose driven rewards experiences.

With innovative, highly customizable and simple to launch loyalty solutions such as their TransferConnect points transfer marketplace, TravelEdge powered accrual and redemption white labels, as well as end-to-end loyalty program management services, Kaligo Solutions supercharges the world’s leading loyalty programs to offer delightful experiences that build lasting customer loyalty.

For more information about Kaligo Solutions, please visit www.kaligosolutions.com or contact media relations at [email protected].

Hawker Pacific Continues to Ride Strong Business Aviation Growth in the Asia-Pacific

News Hub Asia Reporter

February 1, 2018

Hawker Pacific’s 33% year-on-year growth in business aviation and MRO
Hawker Pacific lines up top-level business delegation for Asia’s premier aviation show

Hawker Pacific, the leading aviation solutions provider in Asia, Pacific and the Middle East, is proud to support the remarkable growth of business aviation in the Asian region with attendance at the Singapore Airshow. Exhibiting at the biennial show since its inception in 2008, Hawker Pacific is proud to be part of the growth in the region.

“For over 40 years, Hawker Pacific has been serving the region from our Singapore base. We will be at the airshow to share our wealth of expertise and experience in MRO, Aircraft Sales, Fleet Services, Special Missions and Spare Parts with new customers and existing partners,” said Mr. Alan Smith, Chief Executive Officer, Hawker Pacific.

The 2018 Singapore Airshow at the Changi Exhibition Centre runs from 6 – 11 February 2018. Hawker Pacific’s chalet will be located at CD43.

Through their network of strategically placed support facilities in Australia, Singapore, Malaysia, Philippines, China and the United Arab Emirates, Hawker Pacific is well positioned to meet the growing demands of the fast-expanding aviation market.

Singapore is highly regarded as a key business aviation hub in Asia and is well respected for its heavy maintenance and MRO activities. It is estimated that MRO spending from the region including commercial airlines accounts for approximately 30% of global annual spend.

Hawker Pacific Singapore, has experienced substantial year-on-year growth in business aviation and MRO. Singapore’saerospace industry has seen an average of seven percent growth in value-add over the past 20 years.¹

Having established a presence in Singapore in the 1970’s, Hawker Pacific upgraded its facility in 2012 to meet the growing demand of customers in the region.

The purpose built 9,400m² hangar and office complex at Seletar Aerospace Park provides maintenance, repair and overhaul (MRO), retrofits, modifications and upgrades, including an environmentally friendly paint shop capable of up to Falcon 8X, Global Express or Gulfstream aircraft. The facility also offers a variety of support services including aircraft sales, aircraft management, FBO and aircraft handling services.

“Hawker Pacific is at the forefront of state-of-the-art maintenance and support services in Asia and Australasia. As demand increases, so do the challenges. As aviation’s trusted choice, Hawker Pacific has always provided quality, innovative and customised solutions to meet the diverse needs of our customers — high net-worth individuals, corporations and government,” concluded Mr. Alan Smith. “We are also the gateway for North American and European companies seeking to venture into the region which represents immense opportunity.”

Hawker Pacific is a market leader in integrated civil and military aerospace sales and product support in Asia Pacific and Middle East. It operates established businesses in Australia, New Zealand, Singapore, Malaysia, Philippines, China and the United Arab Emirates. It supports a wide range of fixed wing aircraft and helicopters for corporate, charter, defence and special mission operators.

For more information, visit www.hawkerpacific.com

Ink Launches INKstone, A Platform For Blockchain App Developers

News Hub Asia Reporter

January 30, 2018

SINGAPORE, Jan. 26, 2018 /PRNewswire/ — Ink, created by Ink Labs Foundation, launched the blockchain application developer platform INKstone on January 24. The platform is currently in beta version, and provides app developers with convenient blockchain infrastructure services. The Singapore-based venture will announce pioneering participants and key partners in February 2018. Moreover, an intellectual property (IP) Exchange will launch in mid-April 2018.

INKstone, a Blockchain-as-a-Service (BaaS) platform, helps developers build and debug distributed applications in blockchain environments. Features include:

1.) One-click Blockchain Network Deployment — The first version supports INK Consortium Blockchain cluster, Hyperledger Fabric cluster and other blockchain development environments.

2.) Flexibility in Blockchain Configuration — Multiple blockchain configurations are optional to support developers’ preferences as needed.

3.) Visual Presentation of Content — Users can view a visual presentation of blockchain network topology, block information, transaction information and smart contract information.

4.) Smart Contract One-Stop Management — The platform provides smart contract upload, management, deployment and invocations.

5.) Issuance and Circulation of Assets — The platform also includes the functions of account management, supporting for high-efficiency value transfer, content distribution, intellectual property remuneration and other creative industry applications.

INKstone’s future development is divided into three levels:

Widen Platform Capacity — Besides Fabric and INK Consortium Blockchain, also support more development environments such as Qtum, Ethereum, EOS, cross-chain clusters.
Longitudinal-Focused Developer Services — Provide more user levels, smart contract IDE and log-viewing based on the application development cycle around the core needs of developers.
Three-Dimensional Expansion of Blockchain Services — Launch DApp store and enterprise-level blockchain service platform. Build a product matrix to provide three-dimensional blockchain platform services.

The second version is expected to launch in March with innovation features introduced thereafter. That includes the addition of the Qtum development environment, contract editing, log-viewing, user experience optimization and more.

About Ink

Ink seeks to become content creators’ blockchain-supported platform and the first comprehensive ecosystem that links the global creative marketplace. It features the world’s first intellectual property (IP) blockchain, and could become the Qtum of the content industry. The project’s mission is to maximize the earnings, potential and discoverability of content creators around the globe while distinguishing and rewarding high-quality content. The Singapore-based firm aims to redefine roles, content and behaviors within the creative industry to achieve an efficient content exchange system.

The Ink platform presents a unique Intellectual Property Asset Exchange that will assist creators in converting their original work into liquid assets. Content creators will be able to produce, file, safeguard, discover, trade, market and distribute original content. The trading platform allows content creators to generate more earnings, seize more opportunities and become more discoverable while protecting ownership and control of their intellectual property.

To learn more, visit https://ink.one/.
White Paper: https://ink.plus/statics/pdf/ink_whitepaper_en.pdf

Social Media:

Medium: https://www.medium.com/@inklabsfoundation
Facebook: https://www.facebook.com/inklabs.found.9
Twitter: https://www.twitter.com/inklabsfound
Reddit: https://www.reddit.com/r/InkLabsFoundation
LinkedIn: https://www.linkedin.com/company/27001961/

Unaware & Unprepared – Addressing Modern Slavery

News Hub Asia Reporter

January 25, 2018

What small and medium businesses need to know about addressing modern slavery in their supply chains and operations

While large corporates and multi-national organisations have access to internal and contracted teams to address compliance issues InterMondo have found that Small & Medium businesses may be opening themselves up to brand and financial risk purely because they don’t have the time or resources to address their supply chain.Changes in legislation and customer behavior are going to make addressing issues of modern slavery and rights violations in the supply chain a key factor for businesses of all sizes in 2018.

Our latest report shares some critical insights on modern slavery that all businesses need to be aware of in the coming years in the hopes of helping you start a dialogue with stakeholders in your business.

InterMondo specialise in consulting with businesses to help navigate cultural and social issues that may arise when conducting business on a global scale.

We’d welcome a chance to hear more about your international plans and help you work through any difficulties you may be facing in your current business.

For more information please email [email protected]

Dow, Malaysian Plastics Manufacturers Association (MPMA), and Global Environment Center (GEC) sponsor RIVER Ranger Program to Educate Students on River Waste

News Hub Asia Reporter

January 21, 2018

Students from five selected schools in Klang Valley showcased their sustainable efforts to keep rivers clean at the Closing Ceremony for the Malaysian Plastics Manufacturers Association (MPMA) / DOW / Global Environment Center (GEC) RIVER Ranger Program today.

Students and guests at the Closing Ceremony for the MPMA-DOW-GEC RIVER Ranger Program 2017. The RIVER Ranger Program is sponsored by Dow Packaging and Specialty Plastics (P&SP), a business unit of DowDuPont Materials Science and facilitated by MPMA in partnership with GEC. It was designed to provide the students with a hands-on experience to witness how their actions can impact the cleanliness of rivers and consequently, the ocean.

Datuk Lim Kok Boon, President, MPMA said, “MPMA is a signatory to the Declaration of the Global Plastics Associations for Solutions on Marine Litter. We signed the declaration to show our commitment to manage waste from entering earth’s ocean. This begins with educating our youth not to throw litter into rivers, as rivers carry waste to oceans.”

Datuk Lim added that the program ultimately provides the tools for students to continue environmental activities to maintain the environment and lessen the waste impact on rivers. In this regard, he thanked GEC for sharing its River Ranger training content with the students.

Dr. Kalithasan Kailasam, River Care coordinator from GEC said, “The RIVER Ranger Program is a comprehensive curriculum that not only provides insights on the river ecosystem but every aspect of river pollution management including solid waste.” Dr. Kalithasan further added that through the training, school communities are empowered with knowledge and living skills on integrated waste management for use in the school’s environmental management. “These activities helped the participating students initiate best management practices like recycling, upcycling, pollution reduction and river monitoring in their schools,” elaborated Dr. Kalithasan.

Dr. Han Zhang, Asia Pacific Sustainability and Advocacy Leader for Dow Packaging & Specialty Plastics, stated, “Dow has a legacy in innovation and a strong focus on sustainability. We are happy to support this educational initiative again with MPMA to promote and instill a greater level of environmental and sustainability awareness among students. Protecting the environment is an important priority and that attitude needs to be imbedded in these young minds because they pave the way to a better future.”

Dr. Zhang added that the MPMA-DOW-GEC RIVER Ranger Program allows students to have a better understanding of waste management and its impact on rivers, and more importantly, to continue practicing what they have learned. Taking the students out of the classroom enhances the learning process through first-hand experience as opposed to classroom workshops.

The schools that participated in the MPMA-DOW-GEC RIVER Ranger Program were SMK Damansara Damai, SMK La Salle Petaling Jaya, SMK Taman Dato Harun, SMK Sultan Abdul Samad and Sri Bestari Private School.

As part of the two-month program, students were first provided information on the status of Malaysian rivers and the challenges posed by pollution issues; measures that students can take to protect rivers; river water observations and practical sessions which were conducted outdoors whereby students were required to do physical, chemical and biological testing of water quality. Subsequently students were required to undertake activities upon returning to school, and the resulting reports from these activities were presented at the closing ceremony.

About MPMA

The Malaysian Plastics Manufacturers Association (MPMA), established in 1967, is a progressive trade association providing leadership and quality service to its members and the plastics industry. Besides undertaking activities on the environment, safety and health, MPMA also promotes such activities under the umbrella of the Malaysian Plastics Forum (MPF) which is a joint collaboration between two industry associations, namely the Malaysian Petrochemicals Association-Plastic Resins Producers Group (MPA-PRPG) and MPMA.

MPF’s main objectives are to create awareness and education on plastics and to enhance awareness of the proper disposal of plastics waste through the 3Rs concept for plastics which is Reduce, Reuse and Recycle; as well as to enhance awareness on anti-littering to the Government, Industry, Media as well as the Public.

About Dow Packaging and Specialty Plastics

Packaging and Specialty Plastics, a business unit of DowDuPont’s Materials Science division, combines core strengths of R&D, worldwide reach, broad product lines and industry expertise to deliver innovative and sustainable solutions for plastics. The business is one of the largest polyethylene producers in the world, and a leading collaborator across the value chain on the development of new technologies and applications for high growth markets in packaging, health & hygiene, transportation, consumer, and infrastructure.

About DowDuPont Materials Science Division

DowDuPont Materials Science, a business division of DowDuPont (NYSE: DWDP), combines science and technology knowledge to develop premier materials science solutions that are essential to human progress. The division has one of the strongest and broadest toolkits in the industry, with robust technology, asset integration, scale and competitive capabilities that enable it to address complex global issues. DowDuPont Materials Science’s market-driven, industry-leading portfolio of advanced materials, industrial intermediates, and plastics businesses deliver a broad range of differentiated technology-based products and solutions for customers in high-growth markets such as packaging, infrastructure, and consumer care. DowDuPont intends to separate the Materials Science division into an independent, publicly traded company. More information can be found at www.dow-dupont.com.

About Global Environment Centre

Global Environment Centre was established in 1998 to work on environmental issues of global importance. The Centre is registered in Malaysia as a non-profit organisation but works regionally and internationally both directly and through many partners. GEC has been support river protection and rehabilitation throughout Malaysia for more than 15 years. For more information on the Global Environment Centre please visit www.gec.org.my

Photo – https://photos.prnasia.com/prnh/20171201/2005264-1

SOURCE Dow Packaging and Specialty Plastics

AI Chip Maker ThinkForce Raises RMB 450 Million from YITU Tech, Yunfeng Fund, Sequoia Capital and Hillhouse Capital

News Hub Asia Reporter

December 20, 2017

ThinkForce, a Shanghai-headquartered startup company specializing in Artificial Intelligence (AI) semiconductor chips, announced RMB 450 million in Series A funding. YITU Tech, Yunfeng Fund, Sequoia Capital and Hillhouse Capital participated in the fund raised.

AI chips have become an important area of focus in the industry and have attracted venture capitalists across the world. YITU Tech’s strategic investment on ThinkForce showcased YITU’s commitment to developing an AI ecosystem.

ThinkForce is staffed by a strong technical team to ensure successful integration of technology and industrialization

As one of the leading startup companies in AI Chip R&D and manufacturing, ThinkForce possess world-class talents with years of experience not only in management, as well as technical and product development capability. In fact, the core members of the team were directly responsible for some of the most successful semiconductor chipset launches that can be found in products such as the IBM PowerPC, Sony PS3, Microsoft XBOX and the world’s fastest 56G Serdes, etc., resulted in billions of USD sales. With a proven track record, ThinkForce is posed to lead the way in the development and advancement of AI Chips.

ThinkForce plans to launch its AI chip based on the industry leading semiconductor process technology, “ManyCore” architecture. Developed in-house by ThinkForce, it helps to complete and optimize the AI cloud virtualization scheduling during the chip-level implementation. Furthermore, when combined with self-developed firmware and TFDL software SDK, “ManyCore” can accelerate computation for various neural network models. Currently, the efficiency of ThinkForce accelerators is between 90% and 95%. When compared with Nvidia mainstream computing card, it is over five times more efficient in power consumption and cost savings. With extensive experience in silicon development, ThinkForce is also able to minimize the risk of production error while optimizing the chip’s performance and power consumption.

Additionally, ThinkForce has now partnered with industry leaders including IBM and Cadence.

AI era is the “Intelligent algorithm in the chip” era

While the development of AI chips is still in its infancy, the complexity and momentum in technology innovation will continue to generate breakthroughs constantly.

“The AI era is the Intelligent algorithm in the chip era”, said Zhang Zhenning, vice president of marketing at ThinkForce. An AI chip includes the architecture of an AI algorithm model calculation and the design to schedule the calculation. As a leading company with tremendous expertise in the area of cloud computing, YITU Tech will definitely help Thinkforce to strengthen its industry competitiveness through the strategic partnership.

As capital investment on AI is on the rise, YITU Tech has also been quite active in terms of investments and activities. YITU Tech has recently engaged in a joint investment with IDG Capital in AccutarBio, an international pharmaceutical company. This is one of the largest investments in the AI pharmaceutical field in China thus far.

“Our collaboration with ThinkForce is a strong statement of our pure interest and enthusiasm for cutting-edge technologies and scientific researches in the AI sector. We believe that Thinkforce’s talented team and its years of experience and reputation in this field will create multiplier effects and improve efficiency during our common exploration in AI technologies. We are facing global competition in the making of AI chips, and we need a strategic plan domestically in China in order to stay abreast. We believe ThinkForce will contribute to the growth and prosperity of China’s overall AI strategy initiative”, said Jiao Hui Ru, director of technology strategy at YITU Tech.

About ThinkForce

Shanghai ThinkForce Electronic Technology Co. Ltd is founded by experts from silicon design, software algorithm and system development in 2017. We aspire to provide world class intelligent semiconductors with leading AI algorithms and most advanced silicon art, upon which we build AI hardware platform and offer turn-key industry solution. By cooperating with vertical industry leaders, we will jointly build the eco-system and the future of AI. With the support from our business partners and top VCs, we will offer the most intelligent calculation power with our product roadmap.

About YITU Technology

YITU Technology (YITU) is a pioneer in practical artificial intelligence (AI) research and innovation that provides advanced AI-based business solutions to build a safer, better and healthier world. YITU boasts a world-class R&D team that drives industrial development to find comprehensive solutions in the areas of machine vision, speech and language understanding.

SOURCE YITU Tech

Crisis Management Centre Featured on BERNAMA TV

News Hub Asia Reporter

December 12, 2017

The Crisis Management Centre was featured on BERNAMA TV earlier this week, the Founder, Nordin Abdullah was featured on the English Language program “The Nation”.

“It is a real honour to be interviewed on national television especially, BERNAMA TV which is an official channel in Malaysia. The need for crisis management, including pre-crisis management is growing in the country with corporations looking to protect themselves from external and internal threats.”

Nordin spoke about many issues facing the corporate sector “For those companies that experience a major crisis it is important to know that effective management will reduce the negative effects, simple things, has your CEO or media spokesperson been properly trained to handle the pressure of a press conference during a crisis?” in recent times several public listed companies have faced major problems which have effected share prices negatively.

In the public sector there have been areas that can be developed to ensure that the country doesn’t fall behind the rest of the region when it comes to crisis management, “Malaysia has seen its fair share of crisis over the past few years, it has been the attention of the international media because of two major airline incidents, authorities had to rewrite the play book both times.”

The Crisis Management Centre has been established to assist individuals, corporations and governments to manage all aspects of crisis. To prepare teams prior to a crisis, to support and guide leaders during a crisis and to contribute in the recovery post crisis through effective strategy development and planning, capacity building, stakeholder engagement and communications.

For more information on how the Crisis Management Centre can prepare your team for a crisis contact www.CrisisManagementCentre.com

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Hawker Pacific’s 33% year-on-year growth in business aviation and MRO

Hawker Pacific lines up top-level business delegation for Asia’s premier aviation show

What small and medium businesses need to know about addressing modern slavery in their supply chains and operations

The Crisis Management Centre was featured on BERNAMA TV earlier this week, the Founder, Nordin Abdullah was featured on the English Language program “The Nation”.