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Aon Advances Commitment to Innovation in Singapore with Launch of Climate Hub

Through this initiative, the firm will expand its Centre for Innovation and Analytics

SINGAPORE – Media OutReach – 16 May 2023 – Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of a new climate innovation hub in Singapore. Supported by the Singapore Economic Development Board (EDB), the hub will help Aon’s clients around the world navigate environmental risk and opportunities.

Greg Case, CEO of Aon and Png Cheong Boon, Chairman, Singapore Economic Development Board at the launch of Aon's Climate Innovation Hub in Singapore

Greg Case, CEO of Aon and Png Cheong Boon, Chairman, Singapore Economic Development Board at the launch of Aon’s Climate Innovation Hub in Singapore

Building upon Aon’s longstanding commitment to Singapore, the firm plans to invest over the next 10 years to further enhance its data, analytics, insights and solutions to better advise clients on emerging and evolving risks that are increasingly complex and interconnected. In addition, Aon plans to grow its Centre for Innovation and Analytics (ACIA) in Singapore, which houses the new hub, from nearly 180 colleagues to more than 350 colleagues over the same time period.

The Aon and Singapore Economic Development Board teams at the launch of Aon's Climate Innovation Hub in Singapore

The Aon and Singapore Economic Development Board teams at the launch of Aon’s Climate Innovation Hub in Singapore

“Climate change is a reality, not a probability. In 2022, there were $313 billion in total economic losses from natural disasters globally—$299 billion of which was the result of weather and climate events,” said Greg Case, CEO of Aon. “The acceleration of innovation and digitalisation will continue to influence the future of business. We look forward to working closely with the EDB to identify local talent, pursue innovation at scale and develop new solutions that help our clients make better-informed decisions around the world.”

Through this commitment, Aon plans to further advance its capabilities in several areas to help meet the greatest needs that organisations of all sizes face:

  • Navigating new forms of volatility: model emerging long-tail risks, with an emphasis on climate, and build predictive models and digital solutions.
  • Rethinking access to capital: develop best-in-class global solutions based on Aon’s capabilities to digest, analyse and innovate leveraging data across the global insurance value chain.
  • Building a resilient workforce: create scalable workforce solutions through advanced digital technologies and analytics.
  • Addressing underserved markets: provide access to new solutions to all types of organisations, through rapid deployment and scalable insurance solutions built on digital platforms.

“Singapore is a leading innovation centre and a global leader on climate and resiliency; therefore, it is fitting that we establish our new climate hub here,” said Anne Corona, CEO of the Asia Pacific region at Aon. “Through this hub, Aon will be able to provide better analytical capabilities and solutions, which will allow clients to have greater clarity and confidence to shape decisions that protect and grow their businesses. Aon will bring together the best of the firm and the expertise in Singapore to innovate to address new and emerging risks in climate, ESG, workforce resilience, digital client solutions and other key risk and human capital challenges.”

Through the ACIA, a cornerstone of Aon’s global investment in digital solutions and analytics, the firm:

  • Builds advanced analytical capabilities, through the combination of leading technologies, extensive data sources and leading data science capabilities.
  • Designs and develops insightful data and analytics solutions to support Aon’s colleagues and clients globally.
  • Delivers superior outcomes by accelerating innovation, such as Aon Architect, a patented solution that uses machine learning to help employers design optimal health benefit plans, and Aon’s Operational Risk IQ solution, a scalable analytics platform that helps organisations assess and manage their operational risks.

“Aon’s climate innovation hub will complement Singapore’s growing ecosystem of sustainability solutions providers that can help businesses meet their climate commitments, support their energy transition and explore green growth opportunities. We look forward to partnering with Aon on this initiative and to bring together Aon’s expertise and Singapore solutions providers to develop new and innovative solutions to tackle climate and sustainability challenges,” said Png Cheong Boon, Chairman, EDB.

Aon established its presence in Singapore in 1983 and launched the ACIA in Singapore in 2012. For more information about Aon’s regional headquarters in Singapore, click here.

Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries and sovereignties with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.

Follow Aon on , , and . Stay up-to-date by visiting the and sign up for News Alerts .

About the Singapore Economic Development Board

The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore and Singaporeans.

For more information on EDB, please visit .

HeySara Collaborates with OCBC Bank to Help SMEs Save Costs on Their Digital Transformation Journey.

SMEs can now get a suite of corporate services bundled with Cloud Accounting and HR management software at the most affordable prices. Packages start from only $199 annually.

SINGAPORE – Media OutReach – 16 May 2023 – HeySara collaborated with OCBC Bank to offer SME customers digitalised corporate services like company incorporation, company secretary and accounting & taxation. By availing this offer, SMEs can start their digital journey smoothly and cost-effectively.

This is part of the Start Digital initiative launched by the Infocomm Media Development Authority (IMDA) and Enterprise Singapore (EnterpriseSG), under the SMEs Go Digital programme. Start Digital was first launched in 2019, and extended in 2022 to support more SMEs in building foundational digital capabilities with easy-to-deploy solutions.

SMEs can go digital at a fraction of the cost.

HeySara is a new-generation corporate compliance company that leverages digital technology, while retaining the human touch element to provide the best customer experience in areas of company incorporation, corporate secretary, accounting, taxation, and human resource management.

HeySara is providing their Digital Secretary Solutions along with easy-to-use and affordable cloud services and software under the HeySara – OCBC Start Digital Packs. The packages range between $199 to $599 for the initial 12 months of services.

“We are thrilled to be collaborating with OCBC to offer these Start Digital Packs to SMEs. We believe our all-inclusive packages and yet affordable solutions will certainly help small businesses to take their first but important step towards digital business transformation with greater confidence and ease,” said Mr Ng Su Kai, Founder of HeySara Pte Ltd.

Any local SME with an active OCBC SGD current account can enjoy this offer as a first-time applicant for any one of the Start Digital Packs. To know more about the eligibility criteria, please refer to the full terms and conditions on the OCBC Start Digital website.
Hashtag: #HeySara #SME #Digitisation


The issuer is solely responsible for the content of this announcement.

HeySara

is a new-generation, technology-enabled corporate service provider that offers an array of corporate services to small businesses in Singapore. They leverage technology to drive productivity and efficiency in their service delivery for a variety of services such as company incorporation, corporate secretary, accounting & taxation, human resource and work pass services and cloud software solutions. HeySara started its journey in 2019 and has built a base of over 1000 satisfied customers in a short time span of 3 years.

Accelerate Growth with Cloud Technology: Infor Solutions Day Singapore 2023

Industry experts and customers Vallen Asia and Escatec discuss innovation and IT modernization in manufacturing and distribution to further drive operational efficiencies and transformation

SINGAPORE – Media OutReach – 16 May 2023 – Infor, the industry cloud company, hosts Infor Solutions Day Singapore 2023 at Sofitel Singapore City Centre, with a central theme of how modern manufacturers and distributors can accelerate growth with cloud technology.

Terry Smagh, SVP & GM, Infor Asia Pacific & Japan, kicking off Infor Solutions Day 2023 in Singapore
Terry Smagh, SVP & GM, Infor Asia Pacific & Japan, kicking off Infor Solutions Day 2023 in Singapore

The one-day event covers a range of topics focused on the importance of cloud-based technology in unlocking business transformation, from smart manufacturing to warehouse automation. Presenters include industry experts, partners, as well as customers – they are from IDC, KR Konsulting, Escatec, and Vallen Asia.

Manufacturers and distributors today operate amidst a backdrop of geopolitical and macroeconomic turmoil, including high inflation and interest rates, supply chain disruptions, and worker shortages. Consequently, forward-looking businesses are increasingly prioritizing investments in cloud-based technology, such as smart manufacturing, digital supply chains, and automation solutions, to unlock greater efficiencies and meet customers’ needs.

Fireside chat involving Infor customers from Vallen Asia and Escatec
Fireside chat involving Infor customers from Vallen Asia and Escatec

“To establish and maintain a competitive advantage in today’s world, business transformation must be a continuous journey, not a destination. At Infor, we support our customers in their digital agenda and drive greater agility and resiliency with our solutions that are purpose-built for specific industries and finely-tuned in the cloud,” said Terry Smagh, Senior Vice President and General Manager for Asia Pacific and Japan, Infor. “This year’s Infor Solutions Day Singapore will highlight the right approaches to modernizing business applications, enabling manufacturers and distributors to respond quickly to market trends, meet customer demands and supply chain challenges.”

Stephanie Krishnan, Associate Vice President, Manufacturing, Retail, and Energy Insights, IDC Asia Pacific, will share the impetus for digitalization in supply chains with participants.

“In today’s highly competitive business landscape, digital transformation is no longer an option — it is a necessity. In an era driven by rapid technological advancements, embracing digitalization in supply chains is not only a necessity but a survival imperative. Organizations that are slow to adopt digital technologies risk losing competitive advantage, whereas those who invest in coordinated company-wide digital transformation generally see significant financial gains,” says Stephanie Krishnan, associate vice president, IDC Manufacturing, Retail, and Energy Insights, Asia/Pacific.

Andrew Bennett, Chief Executive Officer, Vallen Asia, will discuss how his company has pioneered a unique model to transform the spare parts supply chain for leading global manufacturers.

“Scalable growth is paramount at Vallen Asia. We have partnered with Infor over the past few years to carve out a digital roadmap that supports business growth, change management, customer value creation and overall customer satisfaction. We are looking forward to sharing our story with participants and discussing our experience,” Bennett said.

Roman Ziegler, Group CFO, Escatec, will share more on the imperative for continued transformation and Escatec’s decision to select Infor as its strategic partner.

“To ensure continued growth in a world where change is the only constant, Escatec is invested in systems that provide scalability, flexibility, and smooth access to the latest features, security updates, and emerging technologies. This has led to our consideration for cloud-based systems. True transformation brings real value to our business, which is why we have been investing in digital solutions for talent development, knowledge sharing, manufacturing operations, quality management, and much more. Infor Cloudsuite is a key component in our systems of interconnected technologies,” Roman said.

Topics covered at Infor Solutions Day 2023 include:

  • Cloudy with a chance of transformation: The urgency for digitalization in supply chains
  • Unfreezing the Middle Core – The Execution Challenge
  • Create competitive differentiation for your business with IT modernization
  • Drive operational efficiencies and continuous innovation across your manufacturing operations amidst supply chain disruptions and labor shortages
  • Optimizing last mile supply chain in the warehouse
  • Hyperautomation
  • Achieve warehouse efficiencies and fluidity in the face of uncertainties

Hashtag: #Infor

The issuer is solely responsible for the content of this announcement.

About Infor

Infor is a global leader in business cloud software specialized by industry. We develop complete solutions for our focus industries. Infor’s mission-critical enterprise applications and services are designed to deliver sustainable operational advantages with security and faster time to value. Over 60,000 organizations in more than 175 countries rely on Infor’s 17,000 employees to help achieve their business goals. As a Koch company, our financial strength, ownership structure, and long-term view empower us to foster enduring, mutually beneficial relationships with our customers. Visit .

Vantage Data Centers Announces Second Campus in Cyberjaya

Company plans additional US $3 billion investment to build a 256MW hyperscale campus in Malaysia’s digital hub

DENVER, USA and SINGAPORE Media OutReach – 16 May 2023 – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the development of a second data center campus (KUL2) in Cyberjaya with an additional planned US $3 billion (RM13.32 billion) investment. Upon completion, the KUL2 campus will deliver 256MW of IT capacity to meet the growing customer demand for hyperscale data center services.

Located adjacent to Vantage’s existing campus (KUL1) in Cyberjaya, the campus will be sited on nearly 35 acres and will include 10 facilities across 256,000 square meters (2.75 million square feet). Strategically located to provide low-latency connectivity to major cities in the region, including Singapore, Bangkok and Jakarta, the state-of-the-art mega campus will be built to the highest standards of performance, reliability and security, with multiple layers of physical and virtual security measures in place to protect against threats. The first facility is planned to open its doors in the fourth quarter of 2025.

In addition, Vantage is expanding its KUL1 campus with a fourth 16MW facility that is currently under development. Combined, both campuses will deliver a total of 287MW of IT capacity to meet the demands of hyperscalers, cloud providers and large enterprises.

“Vantage has been expanding our footprint in Malaysia since we entered the dynamic Asia-Pacific market. Our positive experience in Cyberjaya has encouraged us to take further steps to advance the city’s digital infrastructure by building our largest hyperscale campus in the region,” said Giles Proctor, chief operating officer of Vantage’s APAC business.

“With exciting opportunities ahead, Vantage is committed to driving innovation, sustainability and growth in the region to meet the demands of both global and local customers.”

At a ceremony today, Vantage signed an agreement with Cyberview, the tech hub developer of Cyberjaya, to move towards implementation of this investment. The event took place at the Cyberview Hari Raya Open House and Cyberjaya 26th Anniversary Celebration, officiated by YB Fahmi Fadzil, Minister for Communications and Digital of Malaysia and Brian D. McFeeters, U.S. Ambassador to Malaysia.

“We are honored that Malaysia is the location of choice for industry experts like Vantage to establish their data centers. The development of KUL2 as Vantage’s second data center campus serves as proof that Malaysia has emerged as the most desired destination for data center investments in the Asia Pacific region. We are confident that Vantage’s efforts will assume a crucial role in propelling Malaysia to achieve its goal of becoming a digital nation and realizing a 22.6% GDP growth from the digital economy by 2025,” said Datuk Wira Arham Abdul Rahman, chief executive officer of Malaysian Investment Development Authority (MIDA). “As the foremost provider of comprehensive investment solutions and a strategic investment partner in Malaysia, MIDA is dedicated to supporting Vantage’s success and furthering the country’s position as a prominent digital hub in the region.”

“With Vantage Data Centers’ investment in Malaysia, we are one step closer towards our goal of firmly establishing Malaysia as the digital hub of ASEAN. The Malaysia Digital (MD) national strategic initiative aims to transform the nation’s digital capabilities, enhancing our value proposition to attract digital investments and boost the digital economy,” said Mahadhir Aziz, chief executive officer of Malaysia Digital Economy Corporation (MDEC). “We are committed to supporting Vantage’s presence here and the growth of the nation’s data center industry via various PEMANGKIN initiatives. Vantage’s new data center campus not only strengthens Malaysia’s digital infrastructure but also accelerates our ongoing digital transformation. This move signifies continued confidence in Malaysia’s robust and enabling data center ecosystem, digitally skilled talent and world-class infrastructure.”

Vantage Data Centers currently has seven campuses across the region that are either operational or under development. For more information on the company’s campuses in the Asia-Pacific region, please visit https://vantage-dc.com/data-center-locations/apac/.

Hashtag: #VantageDataCenters

The issuer is solely responsible for the content of this announcement.

About Vantage Data Centers

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across five continents in North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

For more information, visit .

Laos Reports 91% of Families Affected by Inflation

91% of Families In Laos Affected by Inflation
Kids eating lunch at school. (Photo: WHO)

A study conducted by Scaling Up Nutrition Civil Society Alliance (SUN CSA) Laos showed that 91% of families across 14 provinces in Laos were affected by inflation, price rise, climate change, and Covid-19 over the past 12 months.

Taipei Computer Association: The Best Stage for Semiconductor and Clean-Tech Startups

Final Call! Applications for the 2nd Tech Innovation Excellence Award (TIE Award)

TAIPEI, TAIWAN – Media OutReach – 16 May 2023 – The deadline for applications for the 2nd Tech Innovation Excellence Award (TIE Award) is approaching. This prestigious national-level award aims to recognize startups that have achieved outstanding accomplishments in the field of technological innovation. Organized by the National Science and Technology Council, the TIE Award is a highly authoritative competition for business and technology. The 2nd edition TIE award will provide substantial cash prizes and excellent opportunities for business collaboration, encouraging international tech startups to establish their presence in Taiwan. Winners will receive a range of generous rewards and honors, including abundant industry resources, business matching opportunities, international exposure, and increased visibility.

Recap of the Success of the Tech Innovation Excellence Award: Global Innovation, Value Creation, and Connections

Looking back at the 1st TIE Award, it was an astounding success. It attracted applications from nearly 120 teams representing 25 countries worldwide, showcasing the interest in the semiconductor and related tech industries. Winners stood out based on criteria such as innovation, value creation, and local connections. In addition to cash prizes, they gained marketing resources at the TIE Expo both domestically and internationally. Winning teams from countries such as the UK, Germany, Japan, the United States, Chile, and more, have since engaged with many corporate partners, with the German team NanoWired establishing an R&D center in Taiwan after connecting with over 50 companies.

Integration of Semiconductors and Zero Emissions as Evaluation Criteria: Winners to Receive Abundant Business Resources

To align with the national goals of technological development, this year’s edition incorporates the globally significant environmental issue of “zero-emissions” alongside the renowned “semiconductor” industry as the theme. The winners of the 2nd Tech Innovation Excellence Award will not only receive a top prize of USD 30,000,but also gain access to numerous valuable resources. They will receive an allowance to visit Taiwan and have the opportunity to interact and collaborate with global academic institutions and major corporations at international platforms like the TIE Expo. Additionally, they will have the chance to join Taiwan Tech Arena (TTA) and theTaiwan Semiconductor Research Institute ( TSRI), making full use of the resources and opportunities provided by these platforms to foster collaborative technology exchanges.

Taiwan warmly welcomes all qualified tech startups to participate in the 2nd TIE Award, showcasing and exchanging their innovative projects. This award will provide participants with a stage to exhibit and promote their excellent projects, helping companies achieve commercialization and market expansion in Asia.

The application period for the TIE Award will soon conclude at the end of May. Register TIE Award now!

Tech Innovation Excellence Award (TIE Award) Application Information:
– Application deadline: May 31, 2023
– TIE Award website:
https://www.futuretech.org.tw/futuretech/index.php?action=tieaward&web_lang=en-us?utm_source=media_outreach&utm_medium=press_release&utm_campaign=tie_award

Hashtag: #TIEAward #Semiconductor #ZeroEmissions #Startups


The issuer is solely responsible for the content of this announcement.

Taipei Computer Association

The Taipei Computer Association (TCA) is a leading industry organization dedicated to promoting the development and advancement of the information and communication technology (ICT) sector in Taipei, Taiwan. With a rich history spanning several decades, TCA serves as a vital platform for fostering collaboration, driving innovation, and facilitating business opportunities within the technology industry.

CBC Tech partners with Zenlayer to extend its Global eNet SASE Connect to global emerging markets

SINGAPORE – Media OutReach – 16 May 2023 – CBC Tech, a leading provider of next-generation Network-as-a-Service (NaaS) in more than 30 markets, today announced a partnership with Zenlayer, a leading global edge cloud services provider, to offer secure, high-speed and global-scale connectivity solutions to its customers worldwide.

Leveraging Zenlayer’s massively distributed infrastructure, CBC Tech will be able to extend the reach of eNet Secure Access Service Edge (SASE) Connect –- from the current 25 PoPs (Points-of-Presence) to 50 worldwide over its global fabric. Its customers will not only enjoy high-speed connectivity into far-reaching locations across ASEAN, India, Middle East, and South America, but also access a suite of additional edge cloud services powered by Zenlayer, such as bare metal, virtual machine, and IP transit. CBC Tech, at the same time, will deploy security services over the Zenlayer backbone as part of the joint offering.
“We look forward to working with Zenlayer. Leveraging their global infrastructure, we will be able to offer SASE services, integrating network and security services, with deterministic and high-performance middle-mile optimization, to global and China enterprises, powered by CBC’s eNet fabric. At the same time, via this collaboration, we can enable Zenlayer to extend SASE service to their customers” said Hoo Shu Yee, VP, Product and Solutions of CBC Tech.
Operating over 280 hyperconnected edge nodes in the fastest-growing regions in the world, Zenlayer is a leader in edge cloud and the easy-button partner for SD-WAN/SASE providers to extend their global reach in an elastic and cost-effective manner.

“The partnership combines advanced networking capabilities of both companies to drive our business forward and stay competitive in today’s market.” said David Xie, Chief Product Offer of Zenlayer. “It’s exciting to see how this strategic endeavour will enhance eNet SASE Connect’s capabilities to meet the rapidly evolving market needs.”

Hashtag: #CBCTech #Zenlayer

The issuer is solely responsible for the content of this announcement.

CBC Tech

CBC Tech is the next-gen Network-as-a-Service (NaaS) provider with our own patented SD-WAN/SASE fabrics across 50 cities in China and internationally. CBC Tech enables cloud-native network and security for enterprises over our SD-WAN fabrics integrated with our congestion-free IP and networks, mobile access, network appliance, multi-cloud connects and cloud-based security to deliver the best application performance with excellent customer experience. For more information about CBC Tech, please visit us at

Zenlayer

Zenlayer (), a massively distributed edge cloud services provider, offers on-demand connectivity through its vast network of more than 280 PoPs, with expertise in fast-growing emerging markets like Southeast Asia, India, China, and South America. Businesses utilize Zenlayer’s global edge cloud platform to instantly improve digital experiences for their users with ultra-low latency and worldwide connectivity on demand.

Infineon acquires Tiny Machine Learning leader Imagimob to strengthen its offering in embedded AI solutions

MUNICH, GERMANY AND STOCKHOLM, SWEDEN – Media OutReach – 16 May 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) today announced that Infineon has acquired the Stockholm-based startup Imagimob AB, a leading platform provider for Machine Learning solutions for edge devices. With this acquisition Infineon advances its position to offer a world-class Machine Learning (ML) solution and significantly complements its AI offerings. Imagimob provides an end-to-end machine learning toolchain that is highly flexible and easy to use with a strong focus on delivering production-grade ML-models. Infineon is acquiring 100% of the company’s shares. Both parties have agreed not to disclose the amount of the transaction.

“Artificial Intelligence and Machine Learning respectively are about to largely enter every embedded application and thus enable new functionalities. With Imagimob’s outstanding platform and its expertise in developing robust machine learning solutions for edge devices, we further strengthen our ability to enable new levels of control and energy efficiency on our products while preserving privacy,” said Thomas Rosteck, President of Infineon’s Connected Secure Systems division. “We enable our customers to leverage the advantages from AI/ML and bring their products to market quickly by building on our advanced sensors and IoT solutions portfolio”.

“With Infineon we can accelerate our customer’s developments, enable new applications and help them to differentiate in their markets,” said Anders Hardebring, Co-Founder and CEO of Imagimob. “Becoming an integral part of the Infineon ecosystem with their profound application expertise and an extensive product portfolio allows us energy efficient and secure implementation of advanced sensing and control in IoT contexts”.

Imagimob is a leading player in the fast-growing market for Tiny Machine Learning and Automated Machine Learning (AutoML), providing an end-to-end development platform for Machine Learning on edge devices. Imagimob’s platform enables a wide range of use cases, such as audio event detection, voice control, predictive maintenance, gesture recognition, signal classification as well as material detection, and will extend Infineon’s hardware/software ecosystem even further. Applying the combined expertise to the complete range of sensors will provide existing customers of both companies a unified user experience across products, enable rapid deployment of robust solutions and accelerate the further adoption of Tiny Machine Learning through all applications and segments.
Hashtag: #Infineon #Imagimob #machinelearning #edgedevice


The issuer is solely responsible for the content of this announcement.

About Imagimob

Imagimob is a fast-growing startup driving innovation at the forefront of Edge AI and Tiny Machine Learning – and enabling the intelligent products of the future. Based in Stockholm, Sweden, the company has been serving global customers within the automotive, manufacturing, healthcare, and lifestyle industries since 2013. Imagimob AI is a development platform for the swift and easy end-to-end development of Edge AI applications for devices with constrained resources. Imagimob AI guides and empowers users throughout the entire development journey, resulting in game-changing productivity and faster time-to-market.

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).