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Turmoil in Tiaras at Miss Universe Pageant in Thailand

Miss Universe Mexico Fatima Bosch takes a photo with Miss Universe 2024 Victoria Kjær Thelvåg at the Official Sash Ceremony of The 74th Miss Universe on 4 November. (Photo: Miss Universe Thailand)
More than 120 women from across the world have gathered in Thailand, vying to be crowned Miss Universe in a contest considered one of the “big four” of global beauty pageants.

But the runup has been dominated by the off-stage antics of the coiffed contestants and their Thai hosts, escalating into a feminist firestorm drawing the attention of Mexico’s president.

On Tuesday, Mexican delegate Fatima Bosch staged a dramatic walkout, in an evening gown and high heels, from a meeting where she was lambasted by Miss Universe host Nawat Itsaragrisil.

In a livestream of the event, Nawat seemed to single out Miss Mexico and call her a “dumbhead” during a dispute over her apparent failure to post promotional content on her social media.

He has since denied using the term.

But after Nawat called for security to intervene, the besashed Bosch staged a walkout flanked by Miss Iraq, who wore a bejewelled floor-length robe.

“What your director did is not respectful: he called me dumb,” Bosch told a press gaggle. “The world needs to see this because we are empowered women and this is a platform for our voice.”

Other beauty queens appeared to rise in solidarity with Bosch, before freezing as Nawat warned those still wanting to participate should “sit down”.

The drama provoked a reaction from Mexican President Claudia Sheinbaum, who on Wednesday said Bosch was an “example of how we women should speak out” in the face of aggression.

“In public events, I say women look prettier when we speak out,” she said. “So my recognition goes to this young woman.”

Mexico’s embassy in Thailand said on its Facebook page it is in “constant communication” with Bosch and her relatives, but did not respond to AFP’s request for further comment.

‘Betrayed’

Nawat, meanwhile, has seen his own behavior publicly shamed by the Miss Universe Organization.

“I will not allow the values of respect and dignity toward women to be violated,” president Raul Rocha said in a grandiose podium speech.

“Unfortunately, Nawat has forgotten the true meaning of what it means to be a genuine host,” he added, accusing him of “public aggression” and saying his role in the pageant would be limited.

Afterwards Nawat appeared at a press conference wearing a tuxedo and openly weeping as he theatrically dabbed his eyes with a handkerchief, claiming he had been “betrayed”.

But he had a starring role in the opening ceremony of the competition on Wednesday night, standing contrite before the assembled grinning beauty queens where he offered an apology.

“I am a human,” he said. “The pressure is a lot.”

“I have not intended to harm anyone because I respect all of you. I have to say I am so sorry.”

It is not the first time the mogul, also the president of Thailand-based pageant Miss Grand International (MGI), has been caught in a spat fit for a telenovela.

Last year, contestants of MGI were incensed after having to sit on plastic chairs and eat peanuts on a tourist boat in Cambodia instead of a highly-anticipated luxury river cruise.

Even before the fight with Miss Mexico, this year’s Miss Universe pageant had been struck by controversy.

Thai media reported police investigated participants for allegedly filming clips featuring pillows branded with the name of an online casino at their hotel, a breach of the country’s strict gambling laws.

Barring any further drama, the pageant final is set to be held on 21 November in Nonthaburi province.


© Agence France-Presse

IP Merchandise Emerges as the New Ace in the Young Consumer Market; GiftOne Decodes Industry Trends and Offers Custom Custom IP Gift Solutions


HONG KONG SAR – Media OutReach Newswire – 7 November 2025 – Apex One Global Limited, a Hong Kong-based corporate gift customisation company operating under the brand name GiftOne, today released a market observation report providing an in-depth analysis of the “breakthrough code” for IP merchandise (IP Gift) in the young consumer market. The report highlights that as Generation Z becomes the primary consumer force, traditional company gift items are increasingly unable to satisfy their demands. IP merchandise, which combines personalisation with emotional value, is fast becoming a crucial link for businesses to connect with younger customers. Leveraging over ten years of industry experience in gift HK, GiftOne offers professional, custom-designed IP gift solutions for corporations and organisations.

IP Merchandise Emerges as the New Ace in the Young Consumer Market; GiftOne Decodes Industry Trends and Offers Custom Custom IP Gift Solutions

Consumption Paradigm Shift: From “Good Value” to “One-of-a-Kind,” IP Merchandise Meets Young Demands
“Yat Jai,” a senior practitioner in GiftOne’s Marketing Department, stated in the report that a decade of industry dedication has given the team a clear view of the changing consumer landscape. Today’s Gen Z consumers hold significantly different views; “good value, good quality, and good appearance” (ĺąłéťšć­Ł) is no longer the top priority, with personalisation and uniqueness becoming core pursuits. They wish to avoid “clashing styles,” aspiring to express their identity and taste through their possessions. Furthermore, in this era of information overload, their consumption is more rational, demanding higher quality and exclusivity from corporate gift items.

IP merchandise precisely matches this demand. IP gift items featuring popular anime characters, movie protagonists, or trendy IP that resonate with young consumers have transcended mere object status to become “status symbols.” “When customers receive a company gift printed with an IP they actively follow, it feels like a signal saying, ‘I understand you.’ The influence of this emotional connection should not be underestimated,” Yat Jai stressed.

Consumption Trend Transformation: From “Material” to “Spiritual,” IP Merchandise Creates Emotional Resonance
The report further indicates that the current consumer market is undergoing a deep transformation from “material consumption” to “spiritual consumption.” Consumers no longer purchase items solely to satisfy functional needs but also seek emotional experiences and spiritual fulfilment. Taking trendy IP toys as an example, the core reason products like blind boxes and figures attract consumers to queue is the “sense of belonging to a trend” they carry—consumers are buying not just a toy but an “entry ticket” to a subculture.

IP merchandise as a corporate gift functions as a cultural symbol that can quickly spark emotional resonance within the target demographic. “Just like buying a watch: in the past, it was to tell the time; now, it’s to showcase taste and identity. The ‘you-understand-me’ feeling brought by an IP gift can instantly establish a priceless sense of identity and belonging, something traditional company gift items struggle to achieve,” added a relevant GiftOne representative.

Core Traits of Successful IP: Malleability and Scalability Are Essential
Not all IP can succeed in the market. The report specifies that successful IP must possess two key traits: Malleability and Scalability. Malleability means the IP can break through the limitations of a single medium, moving across different scenarios such as film, comics, and games, to consistently maintain freshness. Scalability refers to the IP’s potential for cross-industry development, extending from cultural and creative products to everyday items like stationery, electronics, and apparel, achieving “all-around penetration.”

“These two traits are critically important for corporate gift customisation. Only IP with the capacity to ‘transform’ and ‘replicate’ can provide us with more creative space to design IP gift items that align with market changes and exceed consumer expectations, helping businesses stand out in the competition,” the GiftOne team explained.

Industry Cases: McDonald’s and Sushiro Attract Young Audiences with IP Marketing
In the report, GiftOne cites two major examples of successful IP marketing. Global chain McDonald’s, known for deeply familiar in-house IP such as Ronald McDonald and Grimace, has recently launched co-branded toys with PokĂ©mon, which broke age boundaries. These collaborations not only attract children but have also become collectors’ items for adult PokĂ©mon enthusiasts; the co-branded products in Japan even triggered a buying frenzy.

In the Gift HK market, Sushiro has successfully attracted Generation Z (Post-00s) consumers through collaborations with popular IP like Oshi no Ko and Haikyu!! Social media platforms, including Instagram and Threads, are frequently filled with young users sharing their Sushiro IP gift “hauls” or documenting content like “eating Sushiro for multiple consecutive days just to collect IP merchandise,” fully confirming the powerful appeal of licensed company gift items to the younger demographic.

GiftOne: Over a Decade of Experience to Help Businesses Capitalise on the IP Merchandise Boom
To help businesses seize the IP merchandise trend, GiftOne relies on over ten years of corporate gift customisation experience to provide clients with a full-process service, from IP selection and solution design to production execution. Whether it involves developing IP gift items based on popular licensed IP or creating exclusive IP products for a corporation, the team combines market research with user needs to ensure the merchandise possesses both trendy attributes and brand value, thereby assisting businesses in precisely reaching the young consumer group.

Hashtag: #GiftOne

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

Synology Marks 25 Years by Unveiling Next-Gen Flagship Products


SINGAPORE – Media OutReach Newswire – 7 November 2025 – Synology marked its 25th anniversary today by unveiling a new generation of enterprise solutions designed to strengthen cyber resilience and accelerate intelligent transformation. Building on a quarter-century of innovation, it introduced advanced data protection, AI-powered video surveillance and high-performance storage systems tailored for today’s digital enterprises.

Thachawan Chinchanakarn, Head of Southeast Asia at Synology, with the company’s latest data management solutions
Thachawan Chinchanakarn, Head of Southeast Asia at Synology, with the company’s latest data management solutions

“Digital transformation continues to be the main driver of data growth,” said Thachawan Chinchanakarn, Head of Southeast Asia at Synology. “This strong momentum is fueling greater demand for advanced solutions.”

According to Synology’s 2025 Digital Transformation Trend Survey, nearly 90% of businesses in Southeast Asia have already invested in digital transformation — not just as a plan, but as a strategic commitment. However, challenges remain as 85% of organizations are still in the early stages. While more than 55% have experienced cyberattacks, only one in five expressed confidence in their ability to recover.

As businesses accelerate digital transformation, the rise of AI has further amplified both opportunities and challenges. While businesses embrace the benefits of AI, this evolution also introduces growing challenges in data privacy, regulatory compliance and operational resilience.

In this new era, cyber resilience is emerging as the foundation of sustainable growth and operational continuity.

Singapore’s digital drive fuels demand
Singapore plays a critical role as the regional hub with multinational corporations as well as small and medium-sized enterprises alike investing heavily in digital infrastructure and emerging technologies. From government initiatives to private sector investments, the nation’s strong focus on digitalization and emerging technologies highlights the growing demand for modern data infrastructure and the need for solutions that ensure cyber resilience.

“Over the past five years, Synology has continuously earned the trust of enterprises and organizations in Singapore, nearly doubling revenue growth,” said Jason Sin, Account Manager of Synology. “With our expanded portfolio, business customers in Singapore now have more tailored solutions to meet their diverse and specific needs.”

Earlier this year, Synology launched ActiveProtect, a purpose-built backup appliance for enterprises protecting diverse workloads across multiple sites. With various models ranging from 8TB to 140TB capacity, it meets the needs of diverse enterprise scenarios while delivering immutable backups, air-gap capabilities, and regulatory compliance support to provide a robust defense against evolving cyber threats.

In addition, Synology has expanded its video surveillance ecosystem, offering a complete suite of cameras, storage and management software for both on-premises and cloud deployment.

The latest lineup introduces AI-powered video analytics that can detect people, vehicles and intrusions in real time, while C2 Surveillance, Synology’s cloud-based management platform, enables secure and flexible deployment across sites. All components integrate seamlessly with Synology Systems to enable centralized monitoring and efficient management across multiple sites.

Aside from data protection and video surveillance solutions, Synology has premiered PAS7700, its first all-NVMe enterprise storage that delivers ultra-performance with end-to-end NVMe architecture, achieving up to two million IOPS and 30 GB/s throughput with less than one millisecond latency. Its active-active architecture ensures continuous availability, while robust encryption and enterprise-grade performance make it ideal for mission-critical workloads.

Safeguarding the digital future
Looking ahead, Synology will bring AI-powered capabilities into Synology Office Suite, including OCR (Optical Character Recognition), semantic search, summarization, and real-time translation. These features will be powered by on-premises servers to ensure sensitive data remains private while giving organizations smarter and safer ways to collaborate.

“Cyber resilience is now the top priority for IT leaders worldwide, essential for business continuity and enterprise competitiveness,” said Thachawan. “Our portfolio demonstrates Synology’s commitment to delivering simple, scalable and secure solutions that empower businesses to safeguard their most critical assets and thrive in the digital future.”
Hashtag: #Synology

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

About Synology

Staying at the forefront of data management, Synology innovates and adapts to ever-evolving technologies, and continues bringing new possibilities to the table, including but not limited to solutions for data storage and backup, file collaboration, video management, and network infrastructure – all designed with one goal in mind – presenting a centralized platform to simplify IT administration while driving digital transformation for businesses worldwide.

Agoda Reveals Increased Search Growth in Pet-Friendly Accommodations as South Korea, Thailand, and India Lead the Way

Availability of pet-friendly accommodations nearly doubles in top-searched destinations, reflecting Asia’s rising demand for pet-inclusive travel

SINGAPORE, Nov. 7, 2025 /PRNewswire/ — Digital travel platform Agoda is noting a growing interest in pet-friendly travel across Asia-Pacific, presenting new opportunities for accommodation providers. Agoda’s search data reveals Thailand as the top pet-friendly destination, followed by South Korea and Taiwan to round out the top three.

Apart from being among the top searched markets for pet-friendly stays, travelers from these markets are also the ones increasingly looking for pet-friendly stays, with South Korean travelers showing a 15% year-on-year search increase for suitable accommodations.

According to Allied Market Research, millennials and Gen Z are at the forefront of this movement, embracing pet parenthood and actively seeking destinations that accommodate their animal companions. This shift is fueling significant growth in the sector with Agoda data revealing that pet-friendly accommodations has nearly doubled in markets like South Korea (+102%), Thailand (+92%), and India (+87%). Pet travel is entering the mainstream, and properties that embrace pet-friendly policies are well-positioned to capture a growing segment of guests who prioritize comfort and convenience for their animals. 

“With Millennials and Gen Z driving the rise in pet ownership, we’re seeing pet-friendly travel become an aspirational goal of this demographic across Asia,” said Andrew Smith, Senior Vice President of Supply at Agoda. “Travelers are placing greater importance on finding stays that emphasize the comfort of their animal companions, giving accommodation providers a real opportunity to adapt and differentiate. Those who invest in pet-friendly amenities and experiences will be best placed to build lasting guest loyalty and thrive in a changing hospitality landscape.”

As destinations like Thailand continue to attract pet travelers from key markets such as South Korea, hoteliers have a unique opportunity to tailor their offerings to meet these guests’ expectations. In South Korea, for example, the Korea Tourism Organization (KTO) actively promotes pre-travel preparation for the best places to visit and offers guidelines that integrate pets into every aspect of the journey.

Accommodation providers from top-searched destinations can draw inspiration from these markets to collaborate with local veterinarians, pet boutiques, or pet trainers to provide added value and peace of mind for guests. Offering curated meal options for pets and highlighting proximity to pet cafes can further enhance the guest experience and cater to the needs of modern pet owners. Properties can also leverage social media to showcase their pet-friendly amenities and share guest stories, tapping into the enthusiasm of millennial and Gen Z travelers who are eager to share their adventures online.

Pet travel continues to expand across Asia-Pacific, and Agoda remains committed to supporting accommodation partners with insights and solutions that help them stand out in a competitive market. Partners who adapt their offerings to this trend can unlock new avenues of opportunity and create memorable experiences for guests and their pets.

Xencelabs Launches Ultra-Portable 4K OLED Pen Display 16 Lite​


VANCOUVER, CANADA – Media OutReach Newswire – 7 November 2025 – Xencelabs today announced the Pen Display 16 Lite, a new ultra-portable 4K OLED pen display designed for mobile professionals. Priced at $899 Euros, it combines studio-grade performance with exceptional portability.

The product launch is highlighted by a unique collaboration featuring artwork from the upcoming animated short Ted’s World (2026). This project, uniting Xencelabs, Pixar’s RenderMan team, DAMN! Visdev, and Dell, brought the 2D character Ted Paul to life as a 3D animated creation.

“As Ted Paul was created in Jesper’s unique style, maintaining visual integrity was our top priority,” said Fabio Sciedlarczyk. Nicolas De Aquino from DAMN! Visdev added that the pen displays enabled precise brush strokes true to the original art. Dylan Sisson of Pixar Renderman Team noted the collaboration embodies “art challenging tech, and tech inspiring art.”

Check Video via Xencelabs YouTube Channel or here

Key features of the Pen Display 16 Lite include a 4K OLED display (3840×2160) with 1.07 billion colors, 100,000:1 contrast ratio, and wide color gamut support (Adobe RGB, Rec 709, sRGB). It offers a natural drawing experience with an anti-glare screen, a finely tuned pressure curve, and includes two v2 pens. Weighing just 1.2 kg (2.67 lbs) and only 12mm thick, it features single-cable USB-C connectivity for ultimate portability.

The Pen Display 16 Lite is available now through Xencelabs’ official stores. Visit www.xencelabs.com for more information.

Hashtag: #Xencelabs

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

Training Emerges as Top Priority for Business Leaders as Advanced Manufacturing Ramps Up Tech Adoption

  • Over nine in ten business leaders (30% strongly agree, 63% agree) concur that their organisation risks falling behind if it does not adopt new technologies.

  • In adopting innovative technologies in advanced manufacturing, employee training is the top priority (61%) for business leaders, alongside upgrading machinery with robotics/automation capabilities (48%) and conducting pilot projects (33%).

  • Nearly three in four (71%) leaders say their workforce is well-prepared for the shift towards technology-enabled manufacturing, but most still lack in-demand skills like robotics operation and programming (57%), artificial intelligence (AI) tool operation (56%) and digital literacy (47%).

SINGAPORE, Nov. 7, 2025 /PRNewswire/ — As Singapore’s manufacturing sector accelerates towards advanced, technology-enabled production, over nine in ten business leaders (30% strongly agree, 63% agree) concur that their organisation risks falling behind if it fails to adopt new technologies.

To stay ahead, companies are investing in both people and technology. Employee training on new technologies (61%) ranks as the top priority taken by business leaders to advance technology adoption, followed by upgrading machinery with robotics/automation capabilities (48%) and conducting pilot projects (33%).


These are some of the key findings from NTUC LearningHub’s Industry Insights Report on Advanced Manufacturing, which surveyed 250 business leaders to explore the current landscape of the advanced manufacturing sector in Singapore, focusing on how advancements in technology, in particular AI solutions, robotics and automation, the Internet of Things (IoT) and process improvement and automation, are reshaping the sector. In addition, the report examines the implications of these trends on the workforce, including training needs, in-demand skills, and job opportunities.

According to the report, nearly three in four business leaders (71%) believe their workforce is well-prepared for the shift towards technology-enabled manufacturing but most still lack in-demand skills like robotics operation and programming (57%), artificial intelligence (AI) tool operation (56%) and digital literacy (47%).

To build these capabilities, manufacturers are expanding their hiring pipelines. Business leaders are most inclined to hire systems integration engineers (36%), robotics operators/technicians (35%), AI/data analysts (31%), followed by digital transformation managers (31%) and automation specialists (30%).

Additionally, about nine in ten business leaders (24% strongly agree, 67% agree) believe that the rise of innovative technologies in advanced manufacturing will lead to the creation of new job opportunities. Business leaders identify robotics programming and maintenance (38%), human–robot collaboration coordination (35%) and process optimisation consulting (28%) as the top areas where new job functions will emerge.

Commenting on the report’s findings, Mr Tay Ee Learn, Assistant Chief Executive and Chief Sector Skills Officer, NTUC LearningHub, says, “Advanced manufacturing is undergoing a profound transformation, driven not only by technological innovation but also by the evolving demands on the workforce. As automation, AI, and digitalisation reshape production environments, the sector is seeing a convergence of engineering and IT skill sets. This shift is prompting manufacturers to rethink talent strategies, placing greater emphasis on multi-disciplinary capabilities, adaptability, and lifelong learning. Over the next few years, we can expect advanced manufacturing to become increasingly agile, with roles that blend technical expertise and digital fluency. The future of manufacturing will be defined not just by machines, but by the people who harness their potential.”

To download the Industry Insights Report on Advanced Manufacturing, please visit https://www.ntuclearninghub.com/media/research-reports/2025/Advanced-Manufacturing. To find out more about the courses, training, and grants, please contact NTUC LearningHub at www.ntuclearninghub.com.

About NTUC LearningHub

NTUC LearningHub is the leading Continuing Education and Training provider in Singapore which aims to transform the lifelong employability of working people. Since our corporatisation in 2004, we have been working with employers and individual learners to provide learning solutions in areas such as Infocomm Technology, Generative AI & Cloud, Healthcare, Retail & Food Services, Employability & Literacy, Business Excellence, Workplace Safety & Health, Security, Human Resources & Coaching and Foreign Workers Training.

To date, NTUC LearningHub has helped over 34,000 organisations and achieved more than 3.2 million training places across more than 1,000 courses with a pool of about 1,000 certified trainers. As a Total Learning Solutions provider to organisations, we also forge partnerships to offer a wide range of relevant end-to-end training. Besides in-person training, we also offer instructor-led virtual live classes (VLCs) and asynchronous online learning. The NTUC LearningHub Learning eXperience Platform (LXP)—a one-stop online learning platform—offers timely, bite-sized and quality content for learners to upskill anytime and anywhere. Beyond learning, LXP also serves as a platform for jobs and skills development for both workers and companies.

For more information, visit www.ntuclearninghub.com.

 

Inspira Enterprise Recognized as a Leader in the Cybersecurity Services for Mid-Market Enterprises PEAK Matrix® Assessment 2025 by Everest Group

MUMBAI, India, Nov. 7, 2025 /PRNewswire/ — Inspira Enterprise, a global leader in cybersecurity services, today announced that it has been recognized as a Leader in Everest Group’s Cybersecurity Services for Mid-Market Enterprises PEAK Matrix® Assessment 2025. This recognition highlights Inspira’s AI-driven cybersecurity services, tailored specifically for mid-market enterprises globally.

Commenting on the achievement, Chetan Jain, Managing Director, Inspira Enterprise, remarked, “We are truly honored to be recognized as one of the leaders by Everest Group. This validates our team’s dedication and excellence in delivering advanced AI-driven cybersecurity services to safeguard the digital assets of our customers. We will continue to further invest and focus on building resilient, AI-driven, and automation-enabled security for the global mid-market segment.”

Everest Group has recognized Inspira Enterprise for its strong domain knowledge, proactive account management, and comprehensive MDR services. Mid-market enterprises seeking secure AI adoption can leverage Inspira’s AI governance and assured services. Its iSMART² platform further enhances cybersecurity management with CXO dashboards, TRPM workflows, and cyber-risk mapping.

“Mid-market firms hold a significant amount of sensitive business and customer data and are attractive targets for cybercriminals. They house complex environments, but the lack of resources of large enterprises makes them vulnerable to breaches, leading to losses on several fronts. Cybersecurity service providers for this segment have to deliver advanced security capabilities with agility while remaining cost-effective. Inspira Enterprises has exhibited these traits and earned a Leader position in the Everest Group Cybersecurity Services for Mid-Market Enterprises PEAK Matrix® Assessment 2025,” says Kumar Avijit, Vice President, Everest Group.

For more information, visit: https://inspiraenterprise.com/everest-group-cybersecurity-services-for-mid-market-enterprises-peak-matrix-assessment-2025/

About Inspira Enterprise

Inspira Enterprise is a global Cybersecurity, Data Analytics, and Artificial Intelligence services provider with a presence in North America, ASEAN, the Middle East, Africa, and India. It delivers adaptive, intelligent, and customer-centric solutions to diverse industries.

With 1600+ professionals, Inspira successfully delivers complex transformation projects for 550+ clients. Its AI and cybersecurity capabilities empower businesses to build resilient, future-ready digital ecosystems. Learn more: www.inspiraenterprise.com.

Contact:
Deepak I J,
deepak.ij@inspiraenterprise.com 

About Everest Group

Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group’s PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Find further details and in-depth content at www.everestgrp.com.

Disclaimer 

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their positioning.  To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports. 

 

Luxshare Precision Reports Strong Revenue and Profit Growth in Q3 2025 Results

HONG KONG SAR – Media OutReach Newswire – 7 November 2025 – Luxshare Precision (002475.SZ) announced its Q3 2025 financial results on October 30. In the third quarter, the company achieved approximately RMB96.411 billion in revenue, reflecting a year-on-year growth of 31.03%. The net profit attributable to shareholders of the listed company reached RMB4.874 billion, marking a year-on-year increase of 32.49%. For the first three quarters of 2025, the company achieved approximately RMB220.915 billion in revenue, representing a year-on-year growth of 24.69%, and the net profit attributable to shareholders of the listed company reached RMB11.518 billion, up 26.92% year-on-year. Basic earnings per share stood at RMB1.59, increasing 26.19% compared to the same period last year.

According to the report, in the first three quarters of 2025, despite the complex and evolving global political and economic landscape and the ongoing restructuring of global supply chains, the company seized strategic opportunities and remained committed to executing its “Three Five-Year” strategic plan, achieving steady and high-quality growth. The company continued to strengthen its three core business segments—consumer electronics, communications and data centers, and automotive—driving coordinated development across these segments through a development strategy driven by “organic growth and external expansion” twin engines.

Sustained Growth Momentum in Consumer Electronics
Luxshare Precision continued to deliver solid performance in the consumer electronics segment, reflecting its strong technological capabilities. In September 2025, Apple unveiled the iPhone 17 series. According to Counterpoint Research, sales in the first 10 days after launch were 14% higher than those of the iPhone 16 series during the same period, with sales of the standard model in China nearly doubling. Luxshare Precision undertook full-series production of the iPhone 17, participating extensively from component manufacturing to final assembly, covering key modules such as wireless chargers, acoustic components, and linear motors—demonstrating its comprehensive vertical integration advantage. Guotai Haitong Securities noted that the strong market response to the iPhone 17, together with the anticipated launch of the foldable iPhone and potential AI functionality upgrades in iOS 26.4 in 2026, could accelerate replacement demand among existing users, further driving Apple’s overall shipment growth and enhancing Luxshare Precision’s profit flexibility.

At the same time, Luxshare Precision completed the acquisition of equity interests and assets from several subsidiaries under Wingtech Technology on July 2, expanding its ODM’s manufacturing capacity and customer base while creating synergies with its existing clients. According to Guosen Securities, non-recurring gains made a notable contribution to Luxshare Precision’s third-quarter results, with income of RMB 479 million arising from “the acquisition cost of subsidiaries being lower than the fair value of the identifiable net assets acquired” (including Leoni and Wingtech’s ODM/OEM assets), reflecting accounting gains generated through external expansion.

Amid the wave of AI-driven intelligent transformation, demand for smart devices such as AI smartphones, AI laptops, and AR/VR products has surged, driving the need for high-precision, miniaturized, and multi-functional integrated components. Leveraging its accumulated expertise in acoustics, optics, electronics, thermal management, radio frequency, and structural parts, together with its vertically integrated manufacturing capabilities, Luxshare Precision has become one of the few suppliers capable of providing comprehensive AI terminal solutions, injecting new momentum into the company’s sustained business growth.

Steady Momentum in AI and Automotive Businesses
The communications and data center segment benefited from the rapid global growth of generative AI applications, as AI servers and data center infrastructure construction continued to accelerate, driving increased demand for high-speed optoelectronic interconnects, thermal management, and power solutions. Luxshare Precision possesses vertically integrated capabilities in high-speed interconnect and optoelectronic technologies, with related products already adopted by multiple global cloud service providers and equipment manufacturers, supporting steady expansion of the segment’s business scale.

Leveraging its strengths in connector technology, Luxshare Precision has achieved full-chain integration for 224G electrical connections. At the China International Optoelectronic Exposition (CIOE) held in Shenzhen in September, the company showcased AI server application solutions including CPC (Co-Packaged Copper Interconnection), CPO (Co-Packaged Optics), and HVDC (High-Density Power), demonstrating further enhancement of its R&D and supply capabilities in AI cluster components. Meanwhile, the company has been actively expanding cooperation with global technology leaders such as NVIDIA and Meta, which is expected to become a new growth driver for its business performance.

In the automotive segment, as the penetration of smart cockpit and autonomous driving technologies continues to rise, the industry’s transformation toward electrification, connectivity, intelligence, and shared mobility has further deepened. Luxshare Precision is progressively expanding its product applications from traditional wiring harnesses and automotive connectors to smart cockpit systems, driver-assistance solutions, and powertrain components. Leveraging Leoni Group’s global production capacity and distribution network, the company is strengthening collaboration with international OEMs, driving steady growth in automotive component shipments and an increasing contribution from this segment to overall revenue.

Luxshare Precision is actively advancing its proposed listing in Hong Kong to further broaden its access to overseas capital markets. On August 18, 2025, Luxshare Precision officially submitted a listing application to the Hong Kong Stock Exchange. This application marks a substantial step forward in Luxshare Precision’s capital market operations and internationalization strategy, providing greater financial flexibility to support the sustained development of its core business segments in AI terminals, communications, and automotive.

Luxshare Precision expects its net profit attributable to shareholders of the listed company for the entire year of 2025 will reach between RMB 16.52 billion and RMB 17.19 billion, representing a year-on-year increase of 23.6% to 28.6%, with earnings per share estimated at RMB 2.28 to 2.37. The company continues to deepen its globalization strategy, leveraging its overseas bases as strategic hubs to flexibly respond to regional demand and deliver resilient, cost-efficient global manufacturing solutions. Having been listed among the Fortune Global 500 for three consecutive years, Luxshare Precision will continue to drive steady business growth through a development strategy driven by “organic growth and external expansion” twin engines. Looking ahead, as the company advances its Hong Kong listing process, it is expected to further broaden its global capital market presence, strengthen its international competitiveness, and create greater value for investors and partners.

Hashtag: #LuxsharePrecision

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