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HIGHWAY HOLDINGS REPORTS FISCAL YEAR 2026 THIRD QUARTER AND NINE MONTH RESULTS

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HONG KONG, March 2, 2026 /PRNewswire/ — Highway Holdings Limited (Nasdaq: HIHO) (the “Company” or “Highway Holdings”) today reported financial results for its third quarter and nine months fiscal 2026 ended December 31, 2025. The Company’s results reflect the continued impact of the previously disclosed loss of a significant electric motor customer, as well as ongoing actions to diversify its revenue base and execute its strategic acquisition program during the transition period. The Company intends for its strategic initiatives, cost actions, and acquisitions to potentially support a return to profitability in the next fiscal year.

Net revenue for the first nine months of fiscal year 2026 decreased 34.6% to $3.8 million, compared with $5.9 million in the year ago period. Net loss for the first nine months of 2026 was $427,000, or $0.09 per basic share, compared with a net income of $421,000, or $0.10 per diluted share for the year ago period.

Net revenue for the third quarter of fiscal year 2026 decreased 40.5% to $1.1 million compared with $1.9 million in the year ago period. Net loss for the third quarter of fiscal year 2026 was $115,000, or $0.02 per basic share, compared with net income of $92,000 or $0.02 per diluted share in the year ago period.

Roland Kohl, chairman, president and chief executive officer of Highway Holdings, said, “Unfortunately our entire fiscal year 2025 was affected by the political decisions of our biggest customers to stop all their business from Myanmar. Our beautiful and highly profitable factory in Yangon, and our dedicated employees who have served our customers for many years were severely affected by it. The operations came to a near full stop, with the exception of some business from smaller customers and wind-down orders. Consequently, we had to lay off most employees. Today, we only operate with the essential core. They are the best, most skilled and knowledgeable employees, including the management. We believe that with this core group we can restart operations in a very short time. After reviewing business options and market opportunities to best leverage our Myanmar factory, we found an electric car manufacturer in China, which gave us a permit to assemble car kits in order to sell them in Myanmar. Our Myanmar management is busy negotiating with the Myanmar government to allow this change of business, as well as to secure an import license for the electric car kits and vehicle road permit.  If the company obtains the Myanmar import license, our goal would be to import low-cost Chinese electric car kits, assemble the kits in Yangon, and then sell the completed vehicle for use in Myanmar. While we are excited about the growth potential of this new business, there is no guarantee we will be successful in our negotiations to obtain all required rights, or that we will be able to successfully manufacture and sell the electric vehicles; such major changes take time, patience and working capital to execute. Our Chinese factory remains a bright spot and is running smoothly but is not at high enough volume level to support the entire company’s expense level.”

“In terms of our fiscal year 2026 third quarter, results reflect the impact of the previously announced loss of a significant portion of our motor business, which has materially reduced revenue and resulted in a negative growth cycle. Initially, we hoped to offset the loss with new business at our Chinese factory but the transition has taken longer than originally anticipated. For example, we previously mentioned a new motor business for a customer, which is still in an extensive customer testing phase. We also restarted our game console manufacturing business, which previously ran production out of our Myanmar factory. We shipped most of the material and necessary assembly tools back to our factory in China. This transition took time and delayed the anticipated start of the business. We finally started the production in early of February and expect first shipments will soon leave the factory.”

“We are also currently closing the previously announced potential acquisition of a German company, Regent-Feinbau Adermann GmbH, which serves several prominent German automotive brands. Furthermore, we scheduled a major reorganization with the goal of significantly reducing our operating expenses to better align with the current market realities and reduced revenue level. At the same time, we continue to pursue a variety of options to stabilize our share value with focus on creation of benefits for all shareholders.”

“With a strong cash position, minimal debt, and a focused strategy centered on diversification, operational efficiency, and targeted acquisitions, we believe Highway Holdings is well positioned to stabilize performance, which would allow us to return to profitability and to enter a new phase of sustainable growth longer term. We remain cautiously optimistic that our ongoing business development initiatives and strategic investments will allow us to overcome the current challenges and build a stronger, more diversified global manufacturing platform.”

Gross margin for the third quarter of fiscal year 2026 was 25.5 percent, compared to 34.7 percent in the year ago period. Gross margin for the first nine months of fiscal year 2026 decreased to 28.9 percent, compared to 36.5 percent in the year ago period. The lower gross margin in both periods mainly reflects the continued impact of the previously disclosed loss of a significant motor business customer, as well as ongoing actions to realign its cost structure and to diversify its revenue base.

The Company reported a $14,000 currency exchange gain for the first nine months of fiscal year 2026, compared with a $144,000 currency exchange gain in the year ago period. The Company does not engage in currency exchange rate hedging, and the fluctuation in the exchange rate of the RMB and Kyat are expected to affect the Company’s future results.

The Company’s balance of cash at December 31, 2025 was approximately $5.1 million, or approximately $1.10 per diluted share.

Results for the third quarter and first nine months of fiscal year 2026 reflect the positive impact of a reversal of a tax provision of $327,000 and $488,000, respectively.

The Company’s current ratio was 4.26:1 at December 31, 2025.

Outlook

Highway Holdings expects near-term financial performance to continue reflecting the transition resulting from the loss of its motor business customer. However, management believes the Company is well positioned to return to growth and profitability through a combination of:

  • Cost reduction and operational efficiency initiatives
  • New customer programs and expanded business opportunities
  • Strategic acquisitions, including Regent-Feinbau
  • Diversification across customers, markets, and geographic regions

The Company remains confident that its strong liquidity, disciplined cost management, and strategic acquisition program will position Highway Holdings to rebuild its revenue base and deliver improved financial performance beginning in fiscal year 2027.

About Highway Holdings 

Highway Holdings is an international manufacturer of a wide variety of quality parts and products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings’ administrative offices are located in Hong Kong and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. For more information visit website www.highwayholdings.com. 

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements, which involve risks and uncertainties, including but not limited to economic, competitive, governmental, political and technological factors affecting the company’s revenues, operations, markets, products and prices, the impact of the worldwide COVID-19 pandemic, and other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.

(Financial Tables Follow)

HIGHWAY HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated Statement of Income

(Dollars in thousands, except per share data)

(Unaudited)

Three Months Ended

Nine Months Ended

December 31,

December 31,

2025

2024

2025

2024

Net sales

$1,147

$1,929

$3,874

$5,925

Cost of sales

855

1,259

2,754

3,760

Gross profit

292

670

1,120

2,165

Selling, general and administrative expenses

778

666

2,286

2,048

Operating (loss)/income  

(486)

4

(1,166)

117

Non-operating items

Exchange gain /(loss), net

(1)

48

14

144

Interest income

31

44

128

147

Gain/(Loss) on disposal of assets

(7)

–

75

–

Other income/(expenses)

6

4

16

16

Total non-operating income/ (expenses)

29

96

233

307

Net (loss)/ income before income tax and non-
controlling interests

(457)

100

(933)

424

Income taxes

327

–

488

–

Net (loss)/income before non-controlling interests

(130)

100

(445)

424

Less: net (loss)/ income attributable to non-controlling
interests

15

(8)

18

(3)

Net (loss)/ income attributable to Highway

Holdings Limited’s shareholders

 

(115)

 

92

 

(427)

 

421

Net (loss)/ gain per share – Basic                     

 

$(0.02)

$0.02

$(0.09)

$0.10

Net (loss)/gain per share – Diluted                    

$(0.02)

$0.02

  

$(0.09)

 

$0.10

Weighted average number of shares outstanding  

Basic

4,602

4,402

4,602

4,398

Diluted

 

4,602

 

4,402

 

4,602

 

4,398

 

HIGHWAY HOLDINGS LIMITED AND SUBSIDIARIES

Consolidated Balance Sheet

(Dollars in thousands, except per share data)

(unaudited)

Dec 31,

(audited)

Mar 31,

2025

2025

Current assets:

Cash and cash equivalents

$5,131

$5,972

Accounts receivable, net of doubtful accounts

1,116

1,022

Inventories

668

1,146

Prepaid expenses and other current assets

290

430

Total current assets

7,205

8,570

Property, plant and equipment, (net)

180

94

Operating lease right-of-use assets

248

784

Long-term deposits

–

11

Long-term loan receivable

85

95

Investments in equity method investees

–

–

Total assets

$7,718

$9,554

Current liabilities:

Accounts payable

$374

$613

Operating lease liabilities, current

162

623

Other liabilities and accrued expenses

1,071

1,274

Income tax payable

–

486

Dividend payable

81

81

Total current liabilities

1,688

3,077

Long term liabilities:

Operating lease liabilities, non-current

156

187

Long terms accrued expenses

23

23

Total liabilities

1,867

3,287

Shareholders’ equity:

Preferred shares, $0.01 par value

–

–

Common shares, $0.01 par value

46

44

Additional paid-in capital

12,249

12,178

Accumulated deficit

(5,864)

(5,437)

Accumulated other comprehensive income/(loss)

(560)

(516)

Non-controlling interest

(20)

(2)

   Total shareholders’ equity

5,851

6,267

Total liabilities and shareholders’ equity

$7,718

$9,554

 

ECR 2026: Esaote Group Introduces Breakthroughs in Ultrasound, MRI and Enterprise Imaging

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The new MyLab™E85 GTS and MyLab™C30 GTS Edition ultrasound systems will be presented on Thursday, 5th March at 11.30 a.m. at the Esaote Booth

GENOA, Italy, March 2, 2026 /PRNewswire/ — Esaote Group, a leading Italian innovator in medical imaging – ultrasound, dedicated magnetic resonance and medical IT – attends European Congress of Radiology 2026 in Vienna (March 4-8, Booth 505 Expo Hall X5) with a renewed commitment to supporting radiologists in delivering accurate diagnoses and improved patient outcomes.

The new Esaote MyLab™E85 GTS Edition system
The new Esaote MyLab™E85 GTS Edition system

At ECR 2026, Esaote places particular emphasis on ultrasound innovation for interventional radiology, reinforcing its dedication to ultrasound-guided procedures and therapies (GTS) where precision and confidence are essential. This commitment takes shape with the official launch of the new MyLab™E85 and MyLab™C30 GTS Edition ultrasound systems that will be held on Thursday, 5th March at 11.30 a.m. at Esaote booth.

“With these new ultrasound systems, our goal is to give interventional Radiologists the most reliable and intuitive tools to support every phase of their procedures,” says Marta Daniel, GTS Product and Clinical Solutions Manager at Esaote. “MyLab™E85GTS offers advanced imaging technologies for precise diagnosis, excellent needle visualization, and enhanced interventional guidance through Virtual Navigator and exclusive built-in Ablation Confirmation Suite. Virtual Navigator enables real-time multimodality fusion imaging for accurate navigation, which combined with the Ablation Suite for treatment verification, strengthens ultrasound as a reliable adjunct to CT-guided interventions. MyLab™C30GTS reinforces the GTS solutions, providing outstanding imaging and flexibility across clinical environments in a premium compact system, delivering contrast-enhanced, shear-wave elastography and attenuation imaging modes in a portable unit for the first time.”

In the field of MRI, Esaote introduces two major innovations at ECR 2026, reinforcing its vision of intelligent, high-performance, and clinically driven MRI: HyperSpeed, a new AI module that significantly accelerates MRI scan times while preserving excellent image quality, and M-Score, a quantitative software solution enabling a bone-health assessment through opportunistic screening during routine lumbar spine MRI exams, will be at the centre of the Workshop “Beyond Images: Driving Clinical Value in MRI through AI technologies,” taking place on Friday, March 6, from 12:00 to 13:00 at ECR (Room 1.15, Level 1), led by Francesco Arrigoni and Federico Bruno from the University of L’Aquila.

Ebit, the Esaote Group company specialized in Healthcare IT, presents the latest evolution of SUITESTENSA for radiology & enterprise imaging, introducing advanced AI-enabled workflow orchestration and enhanced structured reporting fully integrated into daily clinical practice. Designed on a cloud-native architecture, the platform embeds AI and quantitative tools directly within the reporting workflow, supporting radiologists with measurable efficiency gains while preserving full clinical control and data governance.

Esaote Group is a leader in medical imaging (ultrasound, MRI and diagnostic process management software). At the end of 2025, the Group counts 1,300 employees, half of which are based in Italy. With facilities in Genoa and Florence and its own production and research units in Italy and the Netherlands, Esaote is present in over 100 countries worldwide. www.esaote.com

EcoFlow Launches DELTA 3 Max Plus in Australia: Class-Leading 2kWh Portable Power Station with 3000W Output

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Anderson-ready portable power station with built-in high-current DC output for direct 4WD and caravan integration

SYDNEY, March 2, 2026 /PRNewswire/ — EcoFlow, a leader in portable power and renewable energy solutions, today launches the DELTA 3 Max Plus (2048Wh) in Australia — a high-performance 2kWh portable power station delivering 3000W AC output (6000W surge; 3900W with X-Boost).

Designed specifically for Australian conditions, the DELTA 3 Max Plus is Anderson-ready, featuring a built-in high-current Anderson-style DC output that enables direct connection to 4WDs, caravans and auxiliary battery systems without additional adapters. It bridges home backup, off-grid travel and jobsite power in one robust platform.

EcoFlow DELTA 3 Max Plus(2048Wh)
EcoFlow DELTA 3 Max Plus(2048Wh)

Industry-Leading Output for Outdoo, Worksite, and Home

Delivering 3000W rated output, the DELTA 3 Max Plus comfortably powers high-demand appliances and tools including:

  • Electric kettles (1500W)
  • Lawn mowers (2200W)
  • Water pumps (1500W)
  • Electric chainsaws (2000W)
  • Circular saws (1400W) and drills (1080W)

With X-Boost technology enabling up to 3900W output, the system covers nearly all common household and outdoor equipment — from refrigerators and microwaves to campsite grills and jobsite tools.

Expandable capacity from 2kWh up to 10kWh with compatible Smart Extra Batteries provides scalable energy independence, capable of powering essential home circuits for up to three days depending on usage.

Charge Faster, Anywhere

The DELTA 3 Max Plus supports five versatile charging methods for maximum flexibility:

  • AC charging (up to 2300W): 0–80% in 47 minutes
  • Solar charging (up to 1000W): clean renewable input
  • Alternator charging (up to 1000W): ideal for touring and overlanding
  • Generator charging (up to 2400W)
  • Hybrid charging combinations

When paired with the new EcoFlow Alternator Charger Plus 1000, users can add approximately 1kWh in one hour of driving under ideal conditions — up to 10× faster than traditional 12V cigarette lighter charging.

The 3-in-1 Alternator Charger Plus 1000 also functions as:

  • A battery maintainer
  • A reverse charging system supporting vehicle battery health
  • A solar input solution (up to 300W)

It integrates with Apple CarPlay and Android Auto for real-time monitoring via the vehicle display.

Smart Output Priority – Power Where It Matters Most

Exclusive to the Plus model, Smart Output Priority technology (via the EcoFlow App on Apple and Android) gives users granular control over energy distribution.

  • Independent Circuit Control: Manage outputs individually and prioritise essential appliances such as refrigerators, Wi-Fi routers or medical equipment.
  • Customisable Discharge Strategy: Set battery reserve thresholds to automatically shut down non-essential devices and extend runtime for priority loads.
  • Smart Overload Protection: If load exceeds 3000W, non-critical circuits are automatically cut first — protecting essential appliances from interruption.

Built for Australian Conditions

The DELTA 3 Max Plus combines EV-grade LFP battery chemistry with advanced Cell-to-Chassis (CTC) structural design, delivering durability, thermal stability and up to 10 years of lifespan.

Key features include:

  • Anderson-ready high-current DC output for seamless 4WD and caravan integration
  • 10ms UPS switchover for near-instant backup power
  • ≤25dB whisper-quiet operation at 600W load
  • Drop resistance and 95% humidity tolerance
  • Smart 24/7 cloud-based BMS monitoring SOC, SOH and temperature in real time

AI Mode enables automated charging during off-peak periods and discharging during peak demand to help reduce electricity costs, while Self-Powered Mode stores excess solar energy for later use.

Availability and Pricing

The EcoFlow DELTA 3 Max Plus (2048Wh) is available in Australia with an RRP of AUD $2,999, with the Extra Battery priced at AUD $2,099 and the Alternator Charger Plus 1000 at AUD $749.

Early Bird Price

DELTA 3 Max Plus is available in from 2 Mar via EcoFlow’s official website, Amazon, Ebay and retailers such as Anaconda, offered at an exclusive early-bird price of AUD $2699 during 2 Mar to 9 Apr. Meanwhile, EcoFlow website will introduce a phased early-bird campaign for the DELTA 3 Max Plus dedicated for EcoFlow members.

From 2–8 March, become EcoFlow members to claim the extra bonus. From 9 March to 9 April, all customers can directly enjoy the AUD $2699 early price offer, but without the additional member-exclusive benefits.

Also, between 2 March and 8 April, customers can also access limited-time bundled offers pairing the DELTA 3 Max Plus with Smart Extra Batteries and bonus solar panels in the EcoFlow website, delivering added value for early adopters.

For more pricing details, please access to EcoFlow’s official website, Amazon and Ebay.

About EcoFlow

Founded in 2017, EcoFlow is a leading provider of eco‑friendly energy solutions, delivering safe, reliable, and sustainable power to over five million users in more than 140 countries. With headquarters in the USA, Germany, and Japan, EcoFlow continues to be the FIRST choice in energy – Flexible, Innovative, Robust, Simple, and Thorough.

 

Dingdong to Report Fourth Quarter 2025 Financial Results on March 4, 2026

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SHANGHAI, March 2, 2026 /PRNewswire/ — Dingdong (Cayman) Limited (“Dingdong” or the “Company”) (NYSE: DDL), a leading fresh grocery e-commerce company in China, with advanced supply chain capabilities, today announced that it will report its unaudited financial results for the fourth quarter ended December 31, 2025, before U.S. markets open on March 4, 2026.

About Dingdong (Cayman) Limited

Dingdong is the leading fresh grocery e-commerce company in mainland China, with sustainable long-term growth. The Company directly provides users and households with fresh groceries, prepared food, and other food products through delivering a convenient and excellent shopping experience supported by an extensive self-operated frontline fulfillment grid. Leveraging its deep insights into consumers’ evolving needs and its strong food innovation capabilities, Dingdong has successfully launched a series of private label products spanning a variety of food categories. Many of Dingdong’s private label products are produced at its own production plants, allowing it to more efficiently produce and offer safe and high-quality food products. Dingdong aims to be the first choice for fresh and food shopping.

For more information, please visit: https://ir.100.me.

Mayfield Celebrates 80 Years of Australian Design Integrity with the Launch of its Autumn/Winter 2026 Collection

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MELBOURNE, Australia, March 2, 2026 /PRNewswire/ — Iconic Australian lighting brand Mayfield marked a significant milestone this week, celebrating eight decades of design heritage at an exclusive launch event held at Melbourne’s Como Hotel. Founded by Adi Felder eighty years ago, the Australian owned and run business used the occasion to honour its legacy while unveiling its Autumn/Winter 2026 collection to leading industry figures.

 

Mayfield Autumn/Winter 2026 Lighting Collection and Launch Night Video

A selection of Mayfield Lamps from the Autumn/Winter 2026 Lighting Collection
A selection of Mayfield Lamps from the Autumn/Winter 2026 Lighting Collection

Driven by its guiding brand essence, “Purposefully Crafted,” Mayfield has spent 80 years proving that lighting does more than simply illuminate, it fundamentally defines the atmosphere of a space. The brand has built a renowned reputation by bridging the gap between residential comfort and commercial grade durability, providing bespoke, end-to-end decorative solutions for lighting and furniture retailers, boutique hospitality venues and large-scale architectural projects alike.

The highlight of the Como Hotel event was the debut of the new Autumn/Winter 2026 collection. Built around the concept of “Elemental Contrast,” the range explores the intentional tension between two distinct design narratives. “Raw Elements” delivers warmth and tactility through honest materials such as ceramic, timber, linen, and stone. In opposition, the “Sculptural Form” series draws heavily from architectural principles, featuring precise geometry, brushed metals, and strong silhouettes that create structure and shadow.

The launch also celebrated Mayfield’s artisanal craftsmanship with its ongoing “lampshade making” collaboration featuring Ink & Spindle Fabrics.

The brand’s enduring legacy and the new collection drew high praise from prominent design and architecture professionals in attendance.

“At Woods Bagot, our design approach relies on creating strong project narratives and authentic, people-centric spaces,” said Peter Miglis, Director at Woods Bagot. “Seeing a Melbourne brand like Mayfield celebrate 80 years of design integrity is a testament to their enduring quality. The new ‘Sculptural Form’ collection, with its precise geometry and architectural inspiration, provides exactly the kind of strong silhouettes and commercial grade durability we look for to anchor our large-scale and legacy projects.”

Melissa Chen from hotel interior design firm Numi Collective echoed these sentiments regarding hospitality applications: “Our goal in hospitality design is to blend brand storytelling with innovation to craft projects that are emotionally engaging and truly unforgettable. Lighting is central to this, as it defines the entire atmosphere of a space. Mayfield’s new ‘Raw Elements’ collection brings a beautiful, tactile warmth through honest materials like ceramic and linen. Combined with their bespoke customisation capabilities for hotels, they provide us with the exceptional quality and freedom needed to design spaces that reflect a unique story.”

The Mayfield Autumn/Winter 2026 collection is now available for order.

About Mayfield

Mayfield is a leading Australian lighting designer and manufacturer. For 80 years, Mayfield has provided purposefully crafted lighting collections and custom solutions for the residential, hospitality and commercial sectors. The company partners with retailers, designers and architects across Australia. Learn more about Mayfield – https://mayfieldlighting.com.au/pages/about

 

Tencent Cloud Launches New Availability Zone and Services in Europe to Power AI Growth

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  • New Frankfurt Availability Zone becomes Tencent Cloud’s third European zone, strengthening performance, resilience and expanding in-region capacity for customers
  • Expansion is fueled by new customer momentum in AI and increasing demand for low-latency hybrid cloud infrastructure

BARCELONA, Spain, March 2, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology and entertainment company Tencent, today announced at Mobile World Congress (MWC) the opening of a new availability zone in Frankfurt. The launch expands its European infrastructure to three availability zones in Germany, strengthening performance, resilience and expanding capacity for European customers. The expansion responds to rising European demand for cloud and AI services with new European customers of Tencent Cloud’s HY 3D AI creation engine including 3D AI Studio, 3D model marketplace CGTrader and Maxon; and leading Turkish payment platform, iyzico BV.

Opening to customers in Q2, the new Frankfurt availability zone strengthens Tencent Cloud’s ability to support customers across Europe with higher‑performance, resilient and secure infrastructure. The expanded capacity provides access to a scalable portfolio of cloud services and AI solutions including HY 3D AI creation engine, Super App as a Service, CDN and networking solutions, as well as video and livestreaming capabilities – enabling organisations to build, deploy and scale advanced digital services. With data hosted locally in Germany, the new availability zone operated and managed in alignment with local and regional regulations, gives customers the assurance of compliant, transparent and trusted cloud operations in Europe.

Adoption of Tencent Cloud’s HY 3D AI creation engine is accelerating across Europe’s creator and digital industries. The platform enables companies to generate high-quality 3D assets from multimodal inputs, such as text descriptions or image references, in minutes, streamlining complex production workflows. Customers include Germany’s 3D AI Studio which is scaling generative AI 3D content creation by co-developing advanced, scalable solutions to meet surging demand for high‑quality 3D assets among designers, developers and creators across Europe and globally. CGTrader, one of the world’s largest 3D model marketplaces, based in Lithuania, is planning to introduce a transformative generative AI workflow designed to help its global creator community to accelerate workflows while maintaining creative control. Meanwhile, Maxon, a global developer headquartered in Germany and known for powerful and accessible software for creators in 3D design, motion graphics and visual effects, is integrating the HY 3D model engine into its Academy Award‑winning Cinema 4D tool on iPad and desktop, with availability planned for late 2026.

Tencent Cloud has also built leading Turkish fintech company iyzico’s first cloud‑based production platform in Europe, enabling the EU‑wide scaling of its virtual payment solutions and services. Powered by a secure, compliant, full‑stack architecture designed for high availability and mission‑critical payment workloads, the platform supports transactions across more than 185,000 merchants, trusted by major global brands.

Fred Sun, General Manager, Tencent Cloud Europe, said: “The launch of our new Frankfurt Availability Zone reflects Tencent Cloud’s long‑term commitment to Europe and providing businesses with choice as they scale AI and platform-as-a-service solutions. We are seeing strong momentum across the region, from companies adopting advanced 3D AI solutions, to fintech platforms handling mission‑critical workloads, and this new capacity ensures our customers have the performance, resilience and security they need to grow with confidence.”

“Drawing on our experience integrating AI across Weixin/WeChat, one of the world’s largest digital ecosystems, we bring real-world insight into operating AI at scale. But every market is different. That’s why we build with our customers, not just for them, co-developing solutions to create what’s right for their users and ecosystems.”

Connecting European Businesses to Global Growth
Tencent Cloud’s broader AI capabilities include innovations such as Palm AI, a secure, contactless biometric technology already deployed across transport, retail and enterprise environments in Asia. These deployments demonstrate how AI-driven solutions can deliver efficiency, accuracy and improved user experience at scale, highlighting the potential for European businesses to apply similar innovations in their own markets. Tencent Cloud also provides them with a pathway to expand into Asian markets, offering cloud infrastructure, technical expertise and regional insight to support international growth. The company continues to work closely with partners across Europe to build a more connected, efficient, and sustainable digital ecosystem. 

Globally, Tencent Cloud serves hundreds of thousands of enterprises and emerging customers across 30 industries, with a growing presence across Asia, Europe and the Americas. This global scale reflects the company’s ability to integrate advanced technologies across its portfolio, supporting long-term innovation, scalability and growth. Last year, Tencent Cloud also expanded its infrastructure footprint launching two availability zones in Saudi Arabia, further strengthening the company’s global network.

About Tencent Cloud:
Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation. 

https://www.tencentcloud.com/

Galaxy AI Expands Multi-Agent Ecosystem To Give Users More Choice and Flexibility

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Samsung continues to evolve its AI experience by adding a new AI agent across the Galaxy ecosystem to make everyday interactions easier

SYDNEY, March 2, 2026 /PRNewswire/ — Samsung Electronics Co., Ltd. today announced the continued expansion of Galaxy AI, reinforcing its vision for a rich, open and integrated multi-agent ecosystem. Built around Samsung’s vision of AI that reduces effort and steps across everyday tasks, Galaxy AI is designed to help users get things done more naturally with greater choice, flexibility and control.

Recent insights[1] show that people are increasingly using multiple AI agents depending on the task as AI becomes more embedded in daily routines. Nearly 8 in 10 users now rely on more than two types of AI agents. Reflecting this shift, Samsung is evolving Galaxy AI[2] to support a choice of integrated agents, enabling users to choose the experiences that best fit their needs, preferences and routines.

Galaxy AI was built to bring meaningful AI directly into the operating system through deep, framework-level connections across the device. Rather than operating within individual apps, Galaxy AI works at the system level by understanding the user’s context to support more natural interactions.

This approach reduces the need to switch between apps or repeat commands, allowing Galaxy AI to work in the background. It also enables Samsung to curate experiences from supporting services, such as Perplexity, while ensuring everything feels seamlessly integrated within the Galaxy environment.

“We’ve been committed to building an open and inclusive integrated AI ecosystem that gives users more choice, flexibility and control to get complex tasks done quickly and easily,” said Won-Joon Choi, President, Chief Operating Officer (COO) and Head of the R&D Office, Mobile eXperience (MX) Business at Samsung Electronics. “Galaxy AI acts as an orchestrator, bringing together different forms of AI into a single, natural, cohesive experience.”

As part of this multi-agent expansion, Samsung will introduce Perplexity as an additional AI agent on upcoming flagship Galaxy devices. Users will be able to access Perplexity through a dedicated voice wake phrase, “Hey Plex,” or via quick-access controls such as pressing and holding the side button, making contextual assistance easy to reach when needed. Perplexity can work with other compatible Samsung Apps as well as select third-party apps to help streamline multi-step tasks, making it easier for users to move between activities without switching apps. This can offer Galaxy users a more integrated and flexible AI experience across the device.[3]

As Samsung continues to expand its inclusive AI ecosystem — in part by collaborating with trusted partners — the company remains focused on enabling experiences that are easy to use and available to all. Additional details about supported devices and experiences will be announced soon.

[1] Based on Samsung’s internal research.

[2] Galaxy AI features are currently free of charge, with any specific plans for premium AI services to be decided in close coordination with our partners. There are currently no plans to charge for Galaxy AI features, however different terms may apply to other AI features provided by third parties.

[3] The Perplexity app comes pre-installed on S26 Series devices and can be removed at any time. To enable Perplexity to work with compatible Samsung apps and select third party apps, users must grant the necessary permissions in device settings. Functionality may vary depending on app compatibility, user permissions, and available features. Multi step task support may differ by app and use case.

 

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com.

Samsung Puts AI-Driven Innovation Front and Centre With The Launch Of The Galaxy S26 Series & Galaxy Buds4 Series and the New Galaxy Club

By
Advertorial Desk
-

SYDNEY, March 2, 2026 /PRNewswire/ — Samsung Electronics Australia recently unveiled the new Galaxy S26 series and Galaxy Buds4 series, marking a new phase in the era of AI.[1] With this launch, Samsung delivers mobile and audio experiences designed to make the everyday more effortless. Also being launched for the first time in Australia is the New Galaxy Club, a loyalty program bringing together future value and added device comfort in one integrated experience.

Commenting on the launch, Eric Chou, Vice President of Mobile eXperience, Samsung Electronics Australia says, “We are thrilled to launch a new wave of products – the Galaxy S26 series and the Galaxy Buds4 series, both of which have been designed to marry hardware excellence with AI innovation.

“These new devices seek to provide Australians with intuitive personalisation, as Samsung’s AI strategy is built around three principles – reach, openness and confidence – designed to move AI from experimentation to everyday reliance. We understand that consumer confidence extends beyond education, privacy and security, to added device comfort too, which is why we are proud to launch our New Galaxy Club program. This new loyalty program sets out to enhance Australian consumers’ experiences by providing Samsung Care+ alongside a means of keeping the most up-to-date hardware in the hands of those who want to stay on top of the latest releases.”

The introduction of the New Galaxy Club[2]

Samsung launched its new upgrade and protection program that puts Galaxy fans and its most loyal customers first – the New Galaxy Club. The initiative aims to rethink how Australians upgrade, by providing future value from day one and simplifying the move to the next eligible Galaxy between nine to 13 months after signing up to the program. Upon signing up to the New Galaxy Club, Australian consumers will get back up to 50% of their device’s recommended retail price. If consumers choose to upgrade between months nine and 13, that value can be used toward an eligible next-generation Galaxy device.

The program also includes Samsung Care+, providing added peace of mind and support throughout ownership, via access to repair services, replacement options and expert assistance. New Galaxy Club will bring together guaranteed future value and Samsung Care+ in one integrated experience, with the aim to help reduce disruption and downtime.

New Galaxy Club is available on a monthly subscription or 1-year upfront payment option with purchase of the Galaxy S26 series exclusively on Samsung.com/au[3].

The Samsung Galaxy S26 series

As leaders in hardware and innovators in AI, Samsung launched the Samsung Galaxy S26 series – the Samsung Galaxy Ultra, available alongside the Galaxy S26+ and S26. Understated in design, with ground-breaking intelligence powered by Galaxy AI that is now intuitive, humming in the background and proactively providing prompts or suggesting action.

The Galaxy S26 Ultra has been designed to simplify the tasks we encounter on a daily basis. This ranges from managing your schedule, to capturing content. The integration of more intelligent AI agents alongside Samsung’s most powerful camera offers users more refined night photography, better defined photos and videos, a powerful customised chipset, and super-fast charging to increase performance.

With data privacy and security a key priority for Australians, the development of a new built-in Privacy Screen works to unlock a new level of reassurance. Fast charging and the slimmest form factor to date provide a combination of the hardware and software innovation that aims to set new industry benchmarks, and greater ease and enjoyment for Australians.

Nathan Rigger, Head of Product, Mobile eXperience, Samsung Electronics Australia adds, “We continually push the boundaries of display innovation, and with that legacy are pleased to introduce the all-new Privacy Display. With many Australians always on the go, it’s part of our day-to-day to do online banking, review work-related correspondence, or consume content in public spaces.

“The dynamic Privacy Display provides a new layer of security, as well as greater peace of mind around data protection. Most excitingly, the blend of hardware and software engineering preserves the full viewing quality, while maintaining control over when and where it is used.”

The Samsung Galaxy Buds4 series

Samsung has introduced a new era of audio innovation, delivering refined hi-fi sound and intelligent adaptive controls for every environment with the launch of the Galaxy Buds4 and Galaxy Buds4 Pro. Offering a more premium feel and improved audio playback experience, the Galaxy Buds4 series sets out to be the ultimate companion to the broader Galaxy ecosystem – spanning smartphones and tablets.

Combining sleek hardware with thoughtful design updates, intuitive hands-free controls, and deeper AI integration, the Galaxy Buds4 series aims to optimise consumption of content with its wider woofer and tweeter, to deliver a more natural, immersive audio with clean bass and rich treble.

Kylie Mason, Head of Wearables, Mobile eXperience, Samsung Electronics Australia says, “With earbuds quickly becoming one of the go-to items you cannot go anywhere without, with over half of users using them on their daily commute[4], we’re proud to showcase our latest innovation in the form of the Galaxy Buds4 series. Fitting seamlessly into a wide range of lifestyles, the Galaxy Buds4 Pro brings together Samsung’s best sound to date with a refreshed design for maximum comfort whether you are exercising, on the move or simply relaxing.”

The Galaxy Buds4 series also fits into a wide range of Australians’ lifestyles, with improved battery life, coupled with the ultra-sleek ergonomic design to bring together an elevated audio experience and greater comfort.

For more information about New Galaxy Club, visit
https://www.samsung.com/au/new-galaxy-club/

For more information about the Samsung Galaxy S26 series, visit 
https://www.samsung.com/au/smartphones/

For more information about the Samsung Galaxy Buds4 series, visit:
https://www.samsung.com/au/audio-sound/

[1] Galaxy AI features are currently free of charge, with any specific plans for premium AI services to be decided in close coordination with our partners. There are currently no plans to charge for Galaxy AI features, however different terms may apply to other AI features provided by third parties.

[2] New Galaxy Club will only be available upon the purchase of the Samsung Galaxy S26 series’ devices.

  • Limits and fees apply to each swap, refresh and trade-in request. See Terms & Conditions on samsung.com.au for full details.
  • Registered device must be in Good Working Order for maximum value. Early upgrade fee may apply to trade-in requests prior to month nine. 
  • Trade-in benefit may be used in conjunction with other offers (unless expressly advised otherwise).

[3] For a limited time, enjoy an 8.33% discount on the 1-year upfront purchase or 1 month free (first month off) on the monthly subscription for New Galaxy Club when you order a Galaxy S26 | S26+ | S26 Ultra device. The offer is available from 05:00am (AEDT) 26 February 2026 until 11:59pm (AEST) 9 April 2026. The discount will automatically apply during checkout on eligible products. If you cancel or return an order, any discounts applied will be adjusted accordingly. Discounts are not transferable, exchangeable, or redeemable for cash. Offer subject to Samsung Terms & Conditions of Sale.

[4] SEAO Samsung Members Connect, Understanding Earbuds Usage & Role; Survey of n=438 Wireless Earbuds Users. Conducted 22-29 October 2025

About Samsung Electronics Co., Ltd. 

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, digital signage, smartphones, wearables, tablets, home appliances and network systems, as well as memory, system LSI and foundry. Samsung is also advancing medical imaging technologies, HVAC solutions and robotics, while creating innovative automotive and audio products through Harman. With its SmartThings ecosystem, open collaboration with partners, and integration of AI across its portfolio, Samsung delivers a seamless and intelligent connected experience. For the latest news, please visit the Samsung Newsroom at news.samsung.com. 

 

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