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/C O R R E C T I O N — DEEPX/

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Advertorial Desk
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In the news release, DEEPX Wins Two CES 2026 Innovation Awards; Its DX-M1 Powers Best of Innovation Winner ALPON X5 by Sixfab, issued 05-Nov-2025 by DEEPX over PR Newswire, we are advised by the company that the dateline city should be “SEOUL, South Korea and LAS VEGAS” and the caption should read “DEEPX Wins Two CES 2026 Innovation Awards, While Sixfab’s ‘ALPON X5’ Powered by DX-M1 Earns the Prestigious ‘Best of Innovation’ Honor ” as originally issued inadvertently. The complete, corrected release follows:

DEEPX Wins Two CES 2026 Innovation Awards; Its DX-M1 Powers Best of Innovation Winner ALPON X5 by Sixfab

SEOUL, South Korea and LAS VEGAS, Nov. 5, 2025 /PRNewswire/ — Global AI semiconductor company DEEPX (CEO Lokwon Kim) announced that it has won two CES 2026 Innovation Awards, while Sixfab, a US-based IoT and edge computing company, received the Best of Innovation award — CES’s highest honor — for its AI gateway ALPON X5 powered by DEEPX’s DX-M1. This milestone demonstrates how DEEPX’s solutions are further solidifying its position as the global standard for ‘Physical AI’ while strengthening its global partner ecosystem.

DEEPX Wins Two CES 2026 Innovation Awards, While Sixfab’s ‘ALPON X5’ Powered by DX-M1 Earns the Prestigious ‘Best of Innovation’ Honor
DEEPX Wins Two CES 2026 Innovation Awards, While Sixfab’s ‘ALPON X5’ Powered by DX-M1 Earns the Prestigious ‘Best of Innovation’ Honor

Over the past three years, DEEPX has demonstrated both its technological innovation and market competitiveness on the global stage.

At CES 2024, DEEPX became the first AI semiconductor company to achieve a triple crown, winning Innovation Awards in the Robotics, Embedded Technology, and Hardware Components categories with its first-generation AI chipset, the DX-M1.

At CES 2025, the Consumer Technology Association (CTA) officially recognized DEEPX as a “Must-See Company.” More than 16,000 visitors attended DEEPX’s exhibition booth to experience how its ultra-low-power, high-performance AI semiconductors serve as real-world enablers of intelligent and democratized industrial transformation.

At CES 2026, DEEPX once again received Innovation Awards in the Computer Hardware and Embedded Technology categories — recognition that its AI semiconductors go far beyond performance metrics to deliver practical, scalable technology capable of enabling large-scale AI deployment in real industrial environments.

This year’s CES marks a major turning point, as DEEPX-powered partner products are now beginning to deliver tangible market results. The most notable example is Sixfab’s ALPON X5, which integrates DEEPX’s DX-M1 and won the CES Best of Innovation award. This achievement symbolizes the completion of a ‘Chain of Innovation’ — where the technology that won CES Innovation Awards in 2024 has now evolved to power a global partner’s Best of Innovation product in 2026.

The ALPON X5 is recognized as a transitional solution toward the AI-6G era and a cornerstone for next-generation intelligent network infrastructure. As an on-device AI gateway, it performs real-time data processing and analysis directly at the edge — without cloud dependency — enabling ultra-low-latency and intelligent control across industrial, urban, and transportation systems. This capability is drawing attention as a key enabler of the forthcoming ‘AI 6G RAN (Radio Access Network)’ architecture, where AI is directly integrated into network nodes and base stations.

Headquartered in the United States, Sixfab is a leading IoT and edge computing company that provides AI gateways and edge modules based on single-board computers (SBCs) such as Raspberry Pi and Orange Pi, earning the trust of developer communities worldwide.

The award-winning ALPON X5 features DEEPX’s ultra-low-power AI semiconductor DX-M1, which delivers over 10 times greater power efficiency than GPUs while performing high-precision AI inference at less than 5 watts. Maintaining GPU-level accuracy with dramatically lower heat generation and cost, it enables reliable AI operations even in power-constrained industrial and infrastructure environments.

The CES judging panel praised the ALPON X5 as a “realistic and scalable AI infrastructure model,” describing it as a next-generation on-device AI gateway that can replace cloud-centric AI architectures. The product has been highlighted as a core platform that enables real-time data processing and autonomous perception in smart factories, smart retail, smart cities, and mobility applications.

Through this collaboration, DEEPX and Sixfab plan to establish a joint reference platform in the global industrial AI gateway market. Together, the two companies aim to accelerate the mainstream adoption of energy-efficient and sustainable AI infrastructure across diverse industries.

At CES 2026 (January 6–9, Las Vegas), DEEPX will unveil its award-winning products alongside Sixfab’s Best of Innovation ALPON X5 to global audiences for the first time. DEEPX will also host the newly established CES Foundry session, where it will present — together with global partners — its industrial vision and technological roadmap for the ‘Physical AI’ era.

Additionally, DEEPX will hold an on-site media briefing to unveil its next-generation ultra-low-power AI semiconductors and global ecosystem strategy for establishing a new industry standard for on-device AI.

Okan Saracoglu, Vice President of Sixfab, commented:

“Winning CES’s Best of Innovation award marks the official recognition of Sixfab’s pursuit of practical AI innovation. DEEPX’s DX-M1 chip has turned our long-standing vision of ultra-efficient, high-performance edge computing into reality. With ALPON X5, customers worldwide can now build more efficient and sustainable AI infrastructure.”

Lokwon Kim, CEO of DEEPX, stated:

“This award is especially meaningful because it demonstrates that DEEPX’s technology extends beyond the semiconductor itself — it is powering our customers’ and partners’ products, together setting a new global benchmark for innovation. The fact that the DX-M1, which won CES Innovation Awards in 2024, has now powered a partner’s Best of Innovation product in 2026 is a symbolic testament to the momentum of our ‘Physical AI’ ecosystem. We will continue to strengthen our leadership to ensure that AI is deployed more efficiently, responsibly, and sustainably around the world.”

eight Telecom Expands Beyond Mobile with 10Gbps Home Internet — Powering 8etter Connections Everywhere

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Advertorial Desk
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The new 10Gbps broadband service marks eight’s next step toward a complete connectivity ecosystem — delivering simple, reliable, and high-speed connections for every home.

SINGAPORE, Nov. 6, 2025 /PRNewswire/ — eight Telecom (powered by StarHub) has opened Registration of Interest (ROI) for its debut eight Home Internet, delivering high 10Gbps speeds with exceptional reliability and value.

With this launch, eight moves beyond mobile into home internet, establishing the brand as a complete connectivity provider that keeps customers seamlessly connected whether on the move or at home.

Singapore’s Love for Speed, Simplicity, and Value

Singaporeans love staying connected and they expect services that simply work, without fuss or hidden catches. eight Home Internet is designed exactly for that: fast, fair, and fuss-free connectivity that delivers real value.

At eight, quality always comes first. Offering lower prices does not mean cutting corners, it means doing things smarter. Every connection is backed by StarHub’s trusted network, ensuring the same reliability and performance Singaporeans have come to expect.

Redefining Service, the 8etter Way

eight Home Internet goes beyond traditional telco models with its Bring Your Own Router (BYOR) approach, giving customers the freedom to use their existing routers or purchase one from eight’s trusted installers. This flexibility not only promotes sustainability but also helps customers avoid unnecessary costs.

What truly sets eight apart is its Service Guarantee, created to give customers peace of mind long after installation. This includes:

  • 28-day priority support via a dedicated hotline
  • Twice-yearly Internet performance check-ins to ensure consistent speed and reliability
  • An “eight Moment” welcome gift during installation

Together, these reflect eight’s promise of dependable service and real value, long after the first connection.

Fast, Fair, and Built for Value

Priced at just $28.80/month, the new home broadband plan offers 10Gbps speed with no hidden fees and no unnecessary bundles – creating 8etter, faster and fuss-free connections for every home.

Customers on eight’s existing 5G mobile plans can enjoy up to 18% off their broadband subscription, unlocking even greater value for households that stay connected across both mobile and home.

Register Your Interest Today

Customers who register early will be among the first to enjoy:

  • First-hand updates on launch details
  • Priority installation slots
  • Exclusive early-bird promotions

For more information, please visit https://www.eight.com.sg/home-internet-roi.

Firsthabit Wins Dual CES 2026 Innovation Awards

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Advertorial Desk
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– Honored in Both AI and EdTech Categories; Unveils the World’s First Visual LLM, CHALK AI –

SEOUL, South Korea, Nov. 6, 2025 /PRNewswire/ — EdTech company Firsthabit announced that its next-generation learning platform CHALK AI has been awarded in two categories – Artificial Intelligence (AI) and Education Technology (EdTech) – at the CES 2026 Innovation Awards.
Following last year’s recognition at CES 2025, this year’s dual win marks a milestone achievement that highlights Firsthabit’s excellence in both technological innovation and educational impact.


This double honor is a rare achievement in the education field, demonstrating both engineering sophistication and learning effectiveness.
At CES 2026, Firsthabit plans to unveil CHALK 4.0, the first fully commercialized version of its AI-powered learning platform, to a global audience for the first time.

World’s First Visual LLM: Redefining the Learning Experience

CHALK AI introduces the world’s first Visual Large Language Model (Visual LLM) in education — a groundbreaking technology that brings learning beyond text-based AI.
Designed around visualization, interactivity, and personalization, CHALK AI enables an immersive learning experience that makes students feel like they are sitting and learning face-to-face with a real teacher.

The platform analyzes each learner’s cognitive process, combining real-time feedback, visual materials, and 3D interaction to automate and enhance every stage of learning.
Through these innovations, Firsthabit is turning its vision into reality: “AI should evolve from being a problem-solving tool to becoming a true thinking partner that helps students design and grow their own ways of learning.”

Global Expansion and U.S. Partnerships

At CES 2026, Firsthabit officially announced its plan to collaborate with U.S.-based partners to build the next generation of education.
The company is actively expanding global partnerships across AI technology, educational content, and curriculum development — aiming to establish a new global learning ecosystem that fuses advanced technology with pedagogical expertise.

Firsthabit is already working with world-class institutions such as MIT and The Concord Review (TCR), strengthening both its technological and content capabilities.
Starting next year, the company will launch its CHALK AI global business in North America, marking a major step in its international expansion.

“CES 2026 represents the starting point of redefining the standard of future education together with our U.S. partners,” said a Firsthabit spokesperson.
“With CHALK AI, we aim to lead the global transformation of learning in the age of AI — merging technology and education to create a new, intelligent learning paradigm.”

More information, please visit at https://www.firsthabit.com/en

Over 2,500 Vientiane Students, Teachers to Support 12th National Games

By
Thongsavanh Souvannasane
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On 15-25 November, 2,583 teachers and students from eight schools in Vientiane Capital will participate in supporting the 12th National Games, the Department of Education and Sports announced.

The Vientiane Capital Department of Education and Sports announced that 2,583 teachers and students from eight schools across the city will take part in supporting the 12th National Games, scheduled from 15 to 25 November. .

Teachers and students from schools in Chanthabouly, Saysettha, Xaythany, and Sisattanak districts will contribute to various activities, including stadium operations, parade formations, torch relays, banner displays, and artistic performances during the opening and closing ceremonies. 

To accommodate their involvement, several schools have temporarily adjusted their class schedules. 

Vientiane Secondary School, Nonsavang Secondary School, Xaysettha Secondary School, Sivilay Secondary School, and Lao-Vietnam Friendship Secondary School will suspend classes only for teachers and students directly participating in the games, while others will continue their regular lessons. 

Meanwhile, Phiawath Secondary School and Phonthan Secondary School will suspend classes for the entire school during the preparation period. Tanmixay Secondary School will suspend classes for Grade 10 and Grade 11 students involved in the Games, while other students continue studying as usual.

After the games, all participating schools will conduct make-up classes starting 27 November to ensure students meet curriculum requirements. 

Vientiane Capital will host the National Games 2025, featuring 33 sports across multiple venues. The opening ceremony will take place at the Lao National Stadium KM16 in Xaythany district on 15 November.

Alphamab Oncology Showcases Cutting-edge Breakthroughs and Innovative Achievements at the 16th World ADC San Diego

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Advertorial Desk
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SUZHOU, China, Nov. 6, 2025 /PRNewswire/ — The 16th World ADC San Diego, held from November 3–6, 2025, brought together industry leaders in San Diego, USA. Dr. Ting Xu, Founder, Chairman, and CEO of Alphamab Oncology, was invited to deliver a presentation titled “JSKN021: EGFR/HER3 Targeted Dual-payload ADC”, showcasing the company’s cutting-edge technological breakthroughs and innovative achievements in the ADC field to a global audience. The modularly designed dual-payload ADC platform technology and the prominent preclinical efficacy of JSKN021 garnered attention from attendees, making it one of the most remarkable highlights of Chinese innovation at the event.

Focusing on Clinical Challenges to Build Sustainable, Platform-Driven Advantages

As a pioneering innovator in China’s oncology landscape, Alphamab Oncology is continuously dedicated to addressing unmet clinical needs, with a strategic focus on overcoming key ADC challenges, including tissue penetration, off-target toxicity, and tumor heterogeneity, to advance the development of more effective and safer next-generation ADC therapies.

With a decade of dedicated efforts, Alphamab Oncology has independently developed multiple core technology platforms encompassing single-domain antibodies, bispecific antibodies, glycan-specific conjugation, linker-payload, dual-payload conjugation, and high-concentration subcutaneous formulations. These platforms operate synergistically to form a modular and iterative R&D ecosystem for innovative drugs, serving as the core engine that powers the company’s continuous development of innovative molecules with global competitiveness.

Dr. Xu’s presentation provided an overview of Alphamab Oncology’s integrated ADC technology system, with a special focus on the innovative dual-payload conjugation platform. He detailed that the glycan-specific conjugation platform utilizes a proprietary “one-enzyme, two-step” approach to precisely modify Fc glycans, significantly improving the homogeneity and pharmacokinetic stability of ADCs while effectively reducing off-target toxicity. Meanwhile, the linker-payload platform (Alphatecan) employs a hydrophilic linker and a topoisomerase I inhibitor (TOPO1i) payload, specifically designed to optimize both the efficacy and safety profiles of ADC therapeutics. The dual-payload platform, a standout feature of Alphamab Oncology’s ADC technology, enables the simultaneous conjugation of two toxin molecules with distinct mechanisms of action onto a single antibody. This approach effectively enhances ADC efficacy and addresses the challenges of tumor heterogeneity and drug resistance.

With Cutting-Edge Technology, Differentiated Pipeline Demonstrating Robust R&D Capabilities

Leveraging its fully integrated proprietary technology platforms, Alphamab Oncology has established a product portfolio with “Best-in-Class” (BIC) or “First-in-Class” (FIC) potential.

In the later sessions of his presentation, Dr. Xu provided an in-depth analysis of the development progress and preclinical data of JSKN021, fully demonstrating its role as a representative example of the company’s latest R&D achievements. JSKN021 is a “2-in-1” antibody-drug conjugate targeting both EGFR and HER3, exhibiting excellent patent drug potential. The molecule employs two glycosyltransferases to efficiently catalyze the site-specific and quantitative conjugation of two distinct payloads onto the Fc glycans of the antibody. Through extensive optimization, this process has been refined to be simple, stable, and highly efficient. The generated ADC product demonstrates the characteristically high stability and safety profile intrinsic to Alphamab Oncology’s proprietary technology platforms. Across various animal tumor models with different cells, JSKN021 has shown superior inhibitory activity compared to competitive molecules. The company plans to submit an Investigational New Drug (IND) application for JSKN021 by the end of 2025.

Currently, four of the company’s bispecific ADC candidates have entered clinical development, spanning key targets including HER2, TROP2, HER3, PD-L1, αvβ6, and EGFR, demonstrating remarkable translational power and pipeline execution efficiency of the proprietary platforms.

  • JSKN003 is Alphamab’s first ADC developed based on a HER2-targeting bispecific antibody. Utilizing glycan-specific conjugation technology, it achieves a homogeneous drug-to-antibody ratio (DAR) of 4, exhibiting superior serum stability, reduced hematological toxicity, and stronger tumor inhibition and bystander effect compared to similar ADCs. Multiple registrational studies of JSKN003 are ongoing, including trials in HER2-positive breast cancer (BC), all-comer platinum-resistant ovarian cancer (PROC), HER2-low BC, and HER2-positive colorectal cancer (CRC). JSKN003 has been granted designations including Breakthrough Therapy, Orphan Drug, and Fast Track by both Chinese and U.S. regulatory authorities, with the first New Drug Application (NDA) expected to be submitted in 2026.
  • JSKN016 is a TROP2/HER3 targeting bispecific ADC developed using the proprietary single-domain antibody and bispecific antibody platforms. It is conjugated via site-specific glycosylation to generate a homogeneous and stable ADC with a drug-to-antibody ratio (DAR) of 4. JSKN016 has demonstrated promising efficacy across multiple solid tumors and a favorable safety profile with low hematological toxicity.
  • JSKN022 is the world’s first PD-L1/αvβ6 bispecific ADC to advance into clinical trials. It was precisely constructed through antibody-directed evolution to generate a bispecific single-domain antibody, followed by glycan-specific conjugation. JSKN022 simultaneously blocks the PD-L1/PD-1 pathway and αvβ6-mediated TGFB1/3 production, thereby activating immune responses and improving the tumor immune microenvironment. The Phase I clinical study of JSKN022 has been conducted in China.

Multidimensional Breakthroughs Driving a Leap in ADC Clinical Value

Powered by its integrated, platform-driven innovation engine, Alphamab Oncology is dedicated to exploring new horizons in ADC therapeutics, focused on bringing high-value treatment options to patients globally. As presented by Dr. Xu, the company’s R&D efforts are around three key strategic directions:

  • Dual Advancements in Efficacy and Safety: Our current focus is novel ADCs with increased safety without compromising efficacy, thereby enabling the application of ADC therapies as the preferred choice in early line and perioperative settings.
  • Tackling Heterogeneity and Resistance: We focus on overcoming the challenges of tumor heterogeneity and drug resistance by developing ADC-based therapeutic strategies suitable for chronic diseases management. This approach aims to extend patient survival while optimizing dosing regimens to improve quality of life.
  • Multidimensional Exploration of Combination Therapies: We are advancing the combined use of ADC drugs with immunotherapy (IO), tyrosine kinase inhibitors (TKIs), T-cell engagers (TCEs), and standard chemotherapy (such as Decetaxol, Caboplatin, and Paclitaxol) to expand the therapeutic window and build diversified clinical solutions.

Confronting intensifying industry competition, Alphamab Oncology has established four core technological pillars to build differentiated advantages: leveraging the function of the antibody, particularly bispecific ADCs; identifying novel and better payload mechanisms; developing multi-payload ADCs with suitable linkers; and further increasing tumor-specific release of payloads.

These four interconnected and co-evolving pillars collectively form the company’s competitive edge in the ADC landscape and point toward the future direction of the industry—shifting from “later-line rescue” to “early-line intervention and chronic disease management”, and from monotherapy to combination strategies, ultimately helping patients achieve longer survival and a better quality of life.

Conclusion

Guided by a systematic technology platform and a clear R&D strategy, Alphamab Oncology is accelerating the translation of innovative concepts into clinical value. From the biparatopic design of JSKN003 demonstrating outstanding efficacy, to JSKN016 broadening the therapeutic window with its favorable safety profile; from JSKN022 pioneering a new mode of immune microenvironment modulation, to JSKN021 tackling tumor heterogeneity through a dual-payload strategy—each product embodies the company’s deep understanding of clinical needs and its forward-looking approach to technological innovation.

As these innovative molecules advance through clinical stages and the relevant data continue to be read out, the company is not only bringing new hope to cancer patients but also helping steer the entire ADC field toward safer, more effective, and more precise therapeutics. Under the strategic vision of “developing differentiated, clinically valuable and globally competitive new drugs”, Alphamab Oncology is demonstrating the robust capabilities of Chinese biopharmaceutical innovation on the global ADC stage, with its platform-driven innovation strength and international development perspective.

About Alphamab Oncology

Alphamab Oncology is an innovative biopharmaceutical company focused on oncology. On December 12, 2019, the Company was successfully listed on the Main Board of the Hong Kong Stock Exchange (Stock Code: 9966.HK).

Leveraging proprietary platforms-including single-domain antibodies, bispecific antibodies, glycan-specific conjugation, linker-payloads, dual-payload ADCs, and high-concentration subcutaneous formulations-the Company has built a differentiated and globally competitive pipeline, covering cutting-edge candidates in ADCs, bispecific antibodies, and single-domain antibodies.

One product has received market approval: Envafolimab (KN035, brand name: 恩维达®), the world’s first subcutaneously injected PD-(L)1 inhibitor, offering greater convenience and accessibility in cancer treatment. The NMPA has accepted the new drug application for KN026 (Anbenitamab Injection), a HER2 bispecific antibody, for second-line or later HER2-positive gastric cancer. Four bispecific ADC candidates have entered clinical stages, and next-generation ADC pipelines—such as dual-payload ADCs—are advancing rapidly. The Company has established strategic partnerships with organizations including CSPC, ArriVent, and Glenmark, covering both product development and technology platforms.

Our overarching mission is to make cancer manageable and curable by addressing unmet clinical needs in oncology. Alphamab Oncology is continuously dedicated to the development of effective, safe, and globally competitive anti-tumor drugs, delivering China-innovated cancer therapies to benefit patients worldwide.

Allianz Commercial: AI and cloud computing drive global construction boom for data centers

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Advertorial Desk
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  • Global spending on data centers is expected to reach several trillion US dollars by 2030 with the US and China as main drivers of growth.
  • The surging demand for data centers has created a building boom, with costs for some construction projects exceeding $20 billion, say Allianz Commercial experts.
  • Rapid expansion is heightening exposures and introducing new risks for companies and insurers.

SINGAPORE – Media OutReach Newswire – 6 November 2025 – The unseen forces of AI and cloud computing are never out of the news, yet behind the headlines lies a story of growth and innovation as tangible as bricks and mortar. The heavy computing power required by AI workloads, and the growing global demand for AI technologies, has seen a building boom take place around the world as developers scramble to build the facilities required to meet these needs. According to market research, up to $7 trillion will be spent on data centers by 2030 – a huge sum driven largely by technology companies in the US and China, while Europe lags a few paces behind. The tech industry’s big three, Amazon, Microsoft and Google Cloud, accounted for almost two-thirds of global cloud revenue in Q2 2025. Combined with Chinese companies such as Alibaba and Tencent, their capital expenditure budgets for 2025 reach hundreds of billions of US dollars, much of it geared towards the industrial scale infrastructure and dependable energy sources that high-performance AI and cloud computing now demands.

Data center key risks

The latest Allianz Commercial report, The Data Center Construction Boom, explores the extent of this global buildout and also questions whether the building bonanza can last. Despite the ongoing expansion, several factors could limit future growth, including the surging costs of construction. These have escalated dramatically from $200-$300 million, to projects exceeding $20 billion. According to Allianz Commercial construction experts, average-sized facilities now cost between $500 million and $2 billion. Along with higher construction prices, the complex nature of data center construction and operation requires specialized insurance coverage for risks such as power supply concerns, faulty workmanship, fire or natural catastrophes.

“Construction projects as complex and extensive as data centers require significant time and resources. Typically, they require project-specific policies given their size and their unique risk profile that demands specialized insurance,” says Darren Tasker, Head of Construction, Americas, at Allianz Commercial.

Data centers are fueling the construction industry
A global buildout is underway to construct the infrastructure needed to support the digital economy. The US will be the largest market for data centers, covering about two thirds of the total global data center power demand with 81 gigawatts (GW) by 2028, while China’s data center market is building out equally aggressively. Greater Beijing alone now accounts for roughly 10% of global hyperscale capacity. Europe is trailing behind the two superpowers but is experiencing a 43% annual increase in pipeline activity, with London and Dublin as the largest markets (each with over 1GW capacity), followed by Amsterdam, Frankfurt, Paris, and Milan.

“The bigger data centers have a huge footprint. The scale of a $20bn+ facility can involve tens of thousands of workers on site at peak times, with significant equipment and building supplies moving in and out,” says Chris Fancher, US Head of Construction Property at Allianz Commercial. “Timings can be tight. This requires expert coordination, as any missteps or faulty workmanship can lead to potential losses or costly delays.”

Data centers combine great processing power with unique risk profile
Building a data center is a complex, multi-disciplinary undertaking, which presents a multitude of risks. One of the main issues is the soaring power demand that threatens to outpace grid capacity and infrastructure. The electricity demand from data centers worldwide is set to more than double by 2030, to around 945Twh. This is slightly more than the consumption of the whole of Japan today, with its population of 124 million. To avoid power issues, which are the main source of impactful outages with 45%, data center operators are increasingly seeking to reduce their reliance on the grid by generating their own power on site, including renewables, gas, and even potentially small nuclear reactors.

Fire, heat and water are also significant risks for data centers, potentially leading to severe property damage or business interruption losses. Lithium-ion batteries are increasingly being used in server racks in data halls. The fire risk associated with these batteries is well documented, particularly in relation to electric vehicles and charging infrastructure. Large data centers can consume up to 19 million liters of water a day, equivalent to the water use of a town with a population of up to 50,000. Increasing cooling requirements will drive up water and electricity demand, while rising global temperatures pose a growing risk to the resilience of over half the world’s top data center hubs. This has altered the risk profile of data centers and contributed to the increase in construction and insurance costs.

Risk management crucial with strong growth expected in Asia
The Asia Pacific region accounts for approximately 30% of global data center capacity and is expected to grow at a compound annual growth rate of 21% from 2024 to 2028, a faster pace compared to more developed markets. The region consists of multiple markets, each with distinct drivers and market conditions. China, Japan, and India account for 60% of the total installed capacity in the region, while markets like India, Malaysia, and Indonesia are expected to lead the next wave of growth.

Christian Sandric, Regional Managing Director of Allianz Commercial Asia, says, “As the demand for data centers in the region surges, it is crucial that parties fully understand the risks involved during construction and operation. Beyond the main risks such as power supply, rising construction costs and supply constraints, fire, and cooling requirements, parties also need to consider aspects such as cyberattacks, and impact on the surrounding environment, ecosystem, and infrastructure. For example, cooling systems may discharge heated water back into local water bodies, and this can raise temperatures and affect aquatic ecosystems.

“These complex and extensive risks call for specialist insurance and expert risk-management guidance, and clients need to work with an experienced team of underwriters who knows the business and can support the project from beginning to end, including multi-year coverage and policy extensions as needed.”

Hashtag: #Allianz #AllianzCommercial


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

About Allianz Commercial

Allianz Commercial is the center of expertise and global line of Allianz Group for insuring mid-sized businesses, large enterprises and specialist risks. Among our customers are the world’s largest consumer brands, financial institutions and industry players, the global aviation and shipping industry as well as family-owned and medium enterprises which are the backbone of the economy. We also cover unique risks such as offshore wind parks, infrastructure projects or film productions. Powered by the employees, , and network of the world’s #1 insurance brand, we work together to help our customers prepare for what’s ahead: They trust us in providing a wide range of traditional and risk transfer solutions, outstanding and services as well as seamless handling. Allianz Commercial brings together the large corporate insurance business of Allianz Global Corporate & Specialty (AGCS) and the commercial insurance business of national Allianz Property & Casualty entities serving mid-sized companies. We are present in over 200 countries and territories either through our own teams or the Allianz Group network and partners. In 2024, the integrated business of Allianz Commercial generated around €18 billion in gross premium globally.

NCS Receives Frost & Sullivan’s 2025 Singapore Company of the Year Recognition in the Managed IT Services Industry

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Advertorial Desk
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NCS is driving digital transformation, resilience, and customer value through comprehensive managed IT services and innovation in Singapore’s evolving technology landscape

SAN ANTONIO, Nov. 6, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that NCS has been recognized for the second consecutive year as the 2025 Singapore Company of the Year in the managed IT services industry for its outstanding achievements in innovation, digital transformation, and customer impact. This recognition highlights NCS’s consistent leadership in delivering measurable business outcomes, strengthening its market position, and enabling government and enterprise clients to thrive in a fast-changing digital economy.

This recognition highlights NCS’s consistent leadership in delivering measurable business outcomes, strengthening its market position, and enabling government and enterprise clients to thrive in a fast-changing digital economy.
This recognition highlights NCS’s consistent leadership in delivering measurable business outcomes, strengthening its market position, and enabling government and enterprise clients to thrive in a fast-changing digital economy.

“NCS’s strong capabilities in managed IT services set it apart as a trusted partner for government and enterprises alike. By embedding AI-driven innovation, automation, and robust cybersecurity into its solutions, NCS empowers organizations to modernize IT operations, improve resilience, and accelerate their digital journeys,” said Kenny Yeo, ICT director at Frost & Sullivan.

Guided by a long-term growth strategy that emphasizes innovation, strategic partnerships, and continuous people development, NCS has shown an exceptional ability to adapt and lead in Singapore’s rapidly evolving technology landscape. Its extensive managed IT services portfolio spans infrastructure, applications, cybersecurity, and engineering, enabling clients to transform legacy IT environments into agile, future-ready ecosystems.

Innovation is central to NCS’s approach. The company has embedded automation and AI-driven platforms delivery, enabling predictive monitoring, self-healing infrastructure, and streamlined support. Through collaborations with global technology providers such as AWS, Microsoft, SAP, and ServiceNow, NCS expands its service portfolio and accelerates time-to-value for clients.

NCS’s unwavering commitment to customer experience further strengthens its leadership in the managed IT services industry. Its customer service model, built on dedicated account management, specialized delivery teams, and 24/7 support operations, ensures consistent, reliable, and high-quality outcomes. By leveraging deep local insights and tailoring solutions to regulatory and business contexts, NCS has successfully enabled government agencies to enhance citizen engagement and enterprises to achieve operational excellence.

Frost & Sullivan commends NCS for setting a benchmark in competitive strategy, execution, and market responsiveness. The company’s innovation pipeline, customer-first culture, and ability to align with national initiatives such as Singapore’s smart nation agenda reflect its strong positioning as a transformative leader in the IT services sector.

Each year, Frost & Sullivan presents the Company of the Year recognition to a business that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition acknowledges forward-thinking organizations that are reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.singh@frost.com

About NCS
NCS, a subsidiary of Singtel Group, is a leading technology services firm with presence in Asia Pacific which partners with governments and enterprises to advance communities through technology. Combining the experience and expertise of its 13,000-strong team across 56 specializations, NCS provides differentiated and end-to-end technology services to clients with its NEXT capabilities in digital, data, cloud and platforms, as well as core offerings in applications, infrastructure, engineering and cybersecurity. NCS also believes in building a strong partner ecosystem with leading technology players, research institutions and start-ups to support open innovation and co-creation. For more information, visit ncs.co.

SERES Officially Listed on HKEX, Leveraging Dual “A+H” Capital Platforms to Power Global Expansion

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Advertorial Desk
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CHONGQING, China, Nov. 6, 2025 /PRNewswire/ — On November 5, SERES Group (stock code: 9927.HK) was officially listed on the Main Board of the Hong Kong Stock Exchange. With this milestone, SERES is now the first Chinese luxury new energy vehicle (NEV) maker to be listed on both the A-share and H-share markets. It is the largest IPO ever by a Chinese automaker and also the world’s largest automaker IPO so far this year.

This successful Hong Kong listing provides SERES with a new international platform for raising capital and supporting long-term growth as well as a solid foundation for the company’s global strategy. More importantly, it establishes a new model for Chinese automakers expanding overseas, combining technological innovation with financial prowess.

Media reports
Media reports

Since the launch of SERES’ Hong Kong IPO on October 27, investor enthusiasm has surged. The Hong Kong public offering was oversubscribed by 133 times, raising over HK$170 billion in financing. Approximately 70% of the proceeds will go toward research and development, and roughly 20% will support the expansion of diversified new marketing channels, overseas sales, and charging network services.

Notably, the offering attracted 22 cornerstone investors, including the Chongqing Industrial Mother Fund (Chongqing Industrial Investment Fund of Funds) (FoF), the Linyuan Fund, the GF Fund, Schroders, China Post Wealth, and Xingyu Hong Kong, highlighting broad recognition from global capital markets of SERES’ strong growth prospects and high-quality development. This strong investor backing is expected to drive a re-rating of the company’s valuation and establish a new benchmark for SERES’ investment value, further enhancing its financing capacity and capital efficiency.

A leading player in China’s premium NEV sector, SERES is already expanding its global footprint, with operations now covering multiple countries across Europe, the Middle East, the Americas, and Africa. In Europe alone, SERES has successfully entered key markets such as Norway, Germany, the U.K., and Switzerland, marking the initial phase of its global expansion. Powered by the dual “A+H” capital platform, SERES will continue to drive technological innovation, enhance brand value, and expand its presence globally.

Focused on Premium Smart Electric Vehicles, Building a Moat of Technical Expertise

As a technology-driven company with a focus on NEVs, SERES has committed itself to the premium intelligent electric vehicle market. To date, the AITO lineup, with its M9, M8, M7, and M5 models, has received strong market recognition and customer loyalty, with total deliveries surpassing 800,000 units.

Media reports
Media reports

Staying true to its philosophy of “Intelligence Redefining Luxury”, SERES is deeply committed to technological innovation that produces safe, software-defined vehicles. Thanks to its substantial investments in research and development, the company has built a strong moat of technical expertise with innovations, like its MF Technology Platform, Super Range Extender, and Intelligent Safety technology.

Looking ahead, SERES will continue to embrace software-defined vehicles, powering its growth with innovation, driven by user needs, and expanding on the global stage. The company is poised to further strengthen its leadership in the premium NEV segment and drive China’s auto industry into a new era of high-quality development.

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