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ECOVACS ROBOTICS Introduces Enhanced AI Technology for Intelligent Floor Cleaning with Launch of DEEBOT T10 in Singapore

With the new company mission of “Robotics for all”, ECOVACS also launch a new Trade Up campaign for consumers to easily upgrade to the latest DEEBOT, allowing more consumers to enjoy the cutting-edge innovation and intelligent technologies for a smarter cleaning lifestyle.

SINGAPORE – Media OutReach – 13 June 2022 – ECOVACS ROBOTICS (“ECOVACS”), the world’s leading service robotics leader, is making good on its new mission, “Robotics for all”, by reimagining floor cleaning with the brand-new AI-powered DEEBOT T10 robotic vacuum cleaner. The new DEEBOT combines next-generation technologies, such as AIVI 3.0 Upgraded AI-based Object Recognition and Avoidance technology, that offer tech-savvy households unique advantages. It also ushers in a new era of human-bot interaction with YIKO Voice Assistant, making the DEEBOT T10 everyone’s intelligent butler.

Superior Cleaning Capability Powered by AI and Efficiency by ECOVACS’ Proprietary Technologies

Enhanced AI with AIVI 3.0: The DEEBOT T10 comes with AIVI 3.0, powered by a Horizon Sunrise® 3 Processor. The enhanced AI capability improves object single-frame recognition accuracy by 20% and the object single-frame recognition speed by 20 times. With an onboard 960P astrophotography camera that widens the Field of View (FOV) to 148.3°, DEEBOT T10 identifies common ground obstacles faster and is better at avoiding them. The robotic vacuum cleaner also recognizes 18 types of floor obstacles, furniture, and floor materials and comes with a TÜV Rheinland privacy and safety certificate for software and hardware. DEEBOT T10 is designed to work on different surfaces and carpets. The AIVI 3.0 technology, when paired with ultrasonic sensors, helps the robotic vacuum cleaner recognize different carpet types while anti-drop sensors keep it from falling over stairs and thresholds. When cleaning carpets (only available in standard mode), it automatically changes pressure and avoids them when mopping. The real-time video and communication feature enables users to keep in touch with family members at home and monitor their homes at all times.

    Intelligent YIKO Voice Assistant: DEEBOT T10 features YIKO Voice Assistant, the industry’s first built-in natural language interactive assistant for home service robots and the first AI voice assistant in home service robotics to support multiple languages. It combines several AI-based voice interaction technologies, including voice semantics from Google, to improve the accuracy and response times, offering users an unprecedented interactive experience in natural language. Users can engage, command, and interact with the DEEBOT T10 with their voice. The three well-placed mics allow users to activate the units by saying, “OK YIKO.” By saying, “OK YIKO, quick map building,” users can build a complete map for efficient cleaning. YIKO AI voice assistant also transforms the user experience, turning the DEEBOT T10 from highly intelligent cleaning tools to truly home service robotics. The integrated sound localization technology and AIVI 3.0 technology can pinpoint the voice source in the house, allowing users to command the robotic vacuum cleaners to clean a specific area or come to their location within a five-meter radius.

      Excellent ECOVACS HOME App Experience: DEEBOT T10’s TrueMapping 2.0 uses onboard dToF sensors for more accurate positioning while allowing users to save the maps in 2D or 3D formats in the intuitive ECOVACS HOME App on their mobile devices. Users can switch from 2D to 3D maps for a more detailed view of their home. By learning and understanding the home environment, the maps create a more detailed home environment and accurately identify home structure, furniture, and ground materials. Users can also improve cleaning efficiency around and under the furniture using the 3D map.

      Superior Cleaning Experience with 4-stage Deep Cleaning System

      Powerful 4-Stage Cleaning System: The Dual Side Brushes quickly collect ground dust and cover every inch of the house, while the floating main brush keeps the unit closer to the floor without damage and with a strong 3,000pa suction power. The overall design allows the robotic vacuum cleaners to adapt to different floor types during deep cleaning. The OZMO™ Pro 3.0 Oscillating Mopping System vibrates 600 times per minute to remove the most stubborn floor stains. It is ideal for dusty environments, removing pet hair, or for households where occupants are allergic to dust.

      Clean well and smell good with Air Freshener Module: The DEEBOT T10 can refresh the air with its interchangeable module during vacuuming. Users can choose from three base Air Freshener Capsules — Wild Bluebell, Bergamot&Lavender, and Cucumber&Oak — and have a clean and fragrant home.

      Compatible with Auto Empty Station (Sold individually): The DEEBOT T10 supports the Auto Empty Station, maximizing cleaning convenience and offering peace of mind. It empties all types of dust particles from the robotic vacuum cleaner, allowing it to work longer and harder. The 21kPa suction power sucks up all the dust from the unit and eliminates the need for the user to empty the on-unit dust collector manually. The station can hold the dust for up to 60 days, and the fully-sealed design and sealed dust bag ensure no accidental dust leakages. Users can also personalize when the robotic vacuum cleaner empties its collected dust.

      Pricing and Availability
      DEEBOT T10 is available today at the ECOVACS Official Store on Lazada and Shopee. The suggested retail prices of DEEBOT T10, Auto Empty Station, and DEEBOT T10+ (bundled with Auto Empty Station) are SGD1,499, SGD599, and SGD1,999, respectively and having launch promotion from Jun 13 – Jun 24 2022. Please visit ecovacs.com for more information or connect with us on Facebook or Instagram.

      “Trade Up for the Latest DEEBOT” Season 2
      ECOVACS understands that modern homeowners live hectic lifestyles and have lesser time for household chores. With a vision of “Advancing robotic technologies to serve the world, to create a holistic ecosystem between human and robotics in lifestyle and production”, the company is helping them to find a better work-life balance with the launch of their latest trade up program, “Time to switch to hands-free cleaning”.

      Customers of older DEEBOT models and those with other vacuum cleaner brands can participate. They can enjoy discounts of up to SGD150 for a new DEEBOT, including the newly launched DEEBOT T10 and the flagship DEEBOT X1 OMNI.

      Trading up is easy with the program’s easy online trading process:
      1. Visit the ECOVACS Official store on Shopee (URL here)
      2. Chat with ECOVACS customer service officer
      3. Upload the receipt and photo of their old vacuum cleaner
      4. Receive Trade Up voucher code to purchase the new DEEBOT (eligible only for purchases within the ECOVACS Shopee Official store)

      The “Trade Up for the Latest DEEBOT Season 2” campaign will run from 13 to 24 June 2022 in Singapore.

      About ECOVACS ROBOTICS

      Innovating Since Day One – Creating the Intelligent Home.

      With a new vision of “Advancing robotic technologies to serve the world to create a holistic ecosystem between human and robotics in lifestyle and production”, ECOVACS ROBOTICS cares about innovating solutions to enhance your lifestyle. We aim to design and launch “Robotics for All”: using our deep understanding of use cases and consumer experiences.

      With over 20 years of design and industry-leading research, we have led the market as homes become more intelligent and responsive. We are building a world where your home asks less of your attention, becomes more seamless and powerful, and frees you to spend more time doing what you love.

      #ECOVACSROBOTICS

      Hong Kong Baptist University School of Business Inks MOU with the Institute of Compliance Officers (ICO) to Promote Compliance as a Discipline of Study and as a Professional Career

      HONG KONG SAR – Media OutReach – 13 June 2022 – The Hong Kong Baptist University (HKBU) School of Business has signed a Memorandum of Understanding (MOU) with the Institute of Compliance Officers (ICO) designed to promote compliance as a discipline of study and as a professional career.

      BU.JPEG

      (From left to right) Dr. Angus Young, Senior Lecturer and Dr. Byron Y Song, Head, Department of Accountancy and Law, HKBU School of Business; Mr. Stephen Kai-yi Wong on behalf of the Institute of Compliance Officers (ICO); Prof. Ed Snape, Dean, HKBU School of Business; Mr. Eric S.K. Chan and Mr. Stephen M.T. Suen, on behalf of ICO, signed an MOU to establish a collaboration framework to promote compliance as a discipline of study and as a professional career.

      The collaboration entails ICO’s recognition of courses at HKBU School of Business in compliance, risk management and related areas, and promotes ICO membership to Masters students. ICO and HKBU School of Business will join hands in developing executive education courses in compliance with a focus on the Greater Bay Area and in organising compliance-related seminars, research and other related activities for HKBU students, ICO members and the compliance community.

      Prof. Ed Snape, Dean of HKBU School of Business, said: “At HKBU School of Business, we are committed to nurturing ethical leaders with a global vision. We want to see our students excel in their careers, but we also want them to shape the future of business in a sustainable and ethical way. I am very excited about the collaboration with ICO, which will help us to meet the needs of the market, and bridge a key talent gap for Hong Kong and the Greater Bay Area.”

      Under the agreement, ICO will recognise our courses at HKBU School of Business, Risk, Compliance and Corporate Social Responsibility, Regulating Big Tech and Data Protection, Compliance in Finance, Cybersecurity, and Privacy and Regtech for Finance. Both institutions will also join forces to develop module content on trade and competition compliance, and on digital law and compliance.

      Dr. Angus Young, Senior Lecturer, Department of Accountancy and Law, HKBU School of Business, said: “In response to an increasingly complex regulatory environment and ever-rising expectations of investors and stakeholders, our courses provide specialised training to equip our students with the skills to promote integrity, accountability and sustainability in organisations. Developing compliance modules is a proof that HKBU School of Business is forward-thinking. Now in partnership ICO we will prepare our students to meet new challenges ahead and help them explore diverse career opportunities.”

      Joint development of courses in compliance to meet growing demand in Hong Kong and the wider GBA

      With Hong Kong as the super-connector and trading hub between the Greater Bay Area (GBA) and the rest of the world, it is critical for businesses that operate across multiple markets to understand and comply with the rules of the game to achieve success and credibility. The role of compliance in a business is now more important than ever, not only in the banking and finance sector but in all sectors. The market is in great demand for compliance professionals, of which the salary range of a compliance officer with 2-year experience can reach over HKD 380,000 per annum[1].

      Eric Chan, Certification Chairman, The Institute of Compliance Officers, said: “We see an urgent need for compliance training for Responsible Officers as well as compliance professionals wishing to enter the industry. The collaboration with HKBU School of Business will benefit young compliance officers who want to sharpen their knowledge on the subject with a more theoretical basis, while providing continuous support to practitioners in the compliance industry and to answer market demands.”

      The ICO-recognised courses are shared by selected Master of Science programmes at HKBU:
      ● MSc in Corporate Governance and Compliance (MScCGC)
      ● MSc in Data Analytics and Business Economics (MScDABE)
      ● MSc in Finance (FinTech & Financial Analytics) (MScFIN FTFA)
      ● MSc in Applied Accounting and Finance (MScAAF)

      For more information about the programmes and modules, please visit the Hong Kong Baptist University School of Business at https://bus.hkbu.edu.hk/eng/bus/main/Index.


      [1] JobsDB: Hiring, Compensation and Benefits Report 2022

      About HKBU School of Business

      For over 65 years, Hong Kong Baptist University (HKBU) School of Business has been at the vanguard of business education in Asia, moulding generations of business leaders. Located at the crossroads between the emerging countries of Asia and the West, HKBU School of Business is ideally situated to confront the changes impacting our world; the School prides itself in striving to always remain a true pioneer in business education. Having an alumni network of over 20,000, it is the only business school in Hong Kong and among the 1% of schools worldwide to be accredited by AACSB, AMBA and EQUIS.

      About the Institute of Compliance Officers (ICO)

      The Institute of Compliance Officers (ICO) is a voluntary professional body for the compliance professionals. Founded in 2005, ICO is committed to promoting further recognition of the compliance profession and the further development of the compliance profession and professional standards through disseminating relevant information and knowledge to the compliance profession. ICO is a provisional member of the International Federation of Compliance Associations (IFCA).

      #HKBUSchoolofBusiness # InstituteofComplianceOfficers

      Connect With New Apparel Suppliers and Expand Your Asian Production Options and Opportunities in Berlin In 2022

      ASIA APPARELA EXPO, BERLIN
      5 – 7 JUL 2022
      Messe Berlin, Hall 1.1 & 2.1

      BERLIN, GERMANY – Media OutReach – 13 June 2022 – From the start of the year, Comasia has seen that many international trade shows have re-commenced in Germany. At present, no vaccination passport is required for entry into Germany and most social distancing rules have been lifted. In view of this, Comasia is pleased to announce that the 2022 ASIA APPAREL EXPO-Berlin is ready to make a strong return and welcome back the exhibitors and buyers this summer.

      For the 9th edition, the rescheduled 2022 ASIA APPAREL EXPO-Berlin will be held from 5-7 July, 2022 and will feature a strong line-up of high-quality Asian manufacturers and suppliers in over 350 booths to showcase their best designs and latest lines in men’s, women’s and children’s wear, knitwear, fabrics and textiles, as well as trimmings and accessories, plus fashion accessories. Exhibitors will be mainly from China, Bangladesh, India, Pakistan, Hong Kong and other countries.

      Product zones for 2022 include:

      • APPAREL FOR MEN, WOMEN, & CHILDREN
      • ASIAN DESIGN
      • KNITWEAR STUDIO
      • FASHION ACCESSORIES
      • BLUEPRINT – DENIM
      • GARMENT ACCESSORIES & TRIMMINGS

      Asia still remains the world’s number one destination for apparel manufacturing and ASIA APPAREL EXPO connects Asian clothing manufacturers and suppliers all providing low cost, high quality and stable product supply to European brands. Berlin, as a key fashion capital located in the centre of Europe, combined with Asian manufacturers which lead the world with their investment in factories, supply chain infrastructure and training of the labour force employed in their apparel and associated industries provide the ideal connection to expand trading between East and West.

      Registration for trade professionals to attend is now open and the full list of participants is available online at www.asiaapparelexpo.com

      TRADE PROFESSIONALS ONLY

      PRESS RELEASE JUNE 2022

      Notes to Editors
      ASIA APPAREL EXPO, BERLIN
      5-7 July 2022
      Hall 1.1 & 2.1, MESSE BERLIN is open to trade professionals and accredited press only.
      www.asiaappaarelexpo.com

      ORGANISER
      COMASIA LIMITED
      21/F., One Harbour Square,
      181 Hoi Bun Road,
      Kwun Tong, Kowloon, Hong Kong
      Tel: (852) 2700 6726
      Fax: (852) 2700 6727
      cs@asiaapparelexpo.com
      https://www.facebook.com/asiaapparelexpo
      https://twitter.com/AsiaApparelExpo

      Spackman Media Group Artist Son Suk-Ku Set To Star In New Original K-Drama, CASINO, To Be Released Exclusively On Disney+ Worldwide In The Second Half Of 2022

      • Spackman Media Group artist Son Suk-ku set to star in a new Disney+ original K-drama, CASINO, scheduled to be released internationally in the second half of 2022
      • Spackman Media Group artist Son Suk-ku’s latest film, THE ROUNDUP, exceeded the 10 million viewer mark, making it the first movie to reach this milestone since the start of the COVID-19 pandemic
      • THE ROUNDUP, starring Son Suk-ku of Spackman Media Group, also achieved the record for the most weekends atop the Korean box office among movies released in 2022

      SINGAPORE – Media OutReach – 13 June 2022 Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups founded in 2011 by media & technology investor Charles Spackman, wishes to announce that Son Suk-ku of the Group’s associated company, Spackman Media Group Limited (“Spackman Media Group“), is set to star in a new original K-drama, CASINO, scheduled to be released exclusively on Disney+ worldwide in the second half of 2022.

      CASINO will be helmed by Kang Yoon Sung, the director of the 2017 box office hit THE OUTLAWS, and produced by BA Entertainment, C-Jes Entertainment and Arc Media. The 8-episode K-drama, which is also headlined by Choi Min Shik, Heo Sung Tae, Kim Joo Ryung, Lee Dong Hwi and Jo Jae Yoon, relates the eventful life of a man who gains success through the casino industry. CASINO shall air worldwide exclusively on Disney+.

      Spackman Media Group artist Son Suk-ku’s latest film, THE ROUNDUP, a sequel to THE OUTLAWS, exceeded the 10 million viewer mark, making it the first movie to reach this milestone since the start of the COVID-19 pandemic. According to data from the Korean Film Council, THE ROUNDUP has recorded US$84.5 million in total revenues on more than 10.5 million ticket admissions at the Korean box office, since its release on May 18. The film also achieved the record for the most weekends atop the Korean box office among movies released in 2022, and was pre-sold to 132 countries around the world, including Singapore, China, Thailand, Vietnam, Indonesia and France, as well as the regions of North America and Eastern Europe.

      Son Suk-ku of Spackman Media Group will also star in two upcoming highly anticipated Netflix original K-dramas, D.P. Season 2 and MURDEROUS TOY. Based on the webtoon D.P DOG DAY by Kim Bo-tong, D.P. tells the story of a team of Korean military police with their mission to catch deserters. The series is directed by Han Jun-hee and co-written by Kim Bo-tong.

      Produced by Showbox, MURDEROUS TOY stars Son Suk-ku of Spackman Media Group and Choi Woo-shik of the film PARASITE (2019). The Netflix K-drama is based on the popular webtoon series of the same name and is scheduled for release in the second half of this year.

      Son Suk-ku is represented by SBD Entertainment Inc. (“SBD Entertainment“), a wholly-owned subsidiary of Spackman Media Group that represents and manages the careers of 12 artists. In addition to Son Suk-ku, SBD Entertainment also represents one of Korea’s rapidly rising young actors, Han Ji-hyun of popular K-drama THE PENTHOUSE 3, who won the Best Rookie Female Actor in the 2021 Brand Customer Loyalty Awards in Korea and endorsed luxury brand Gucci in April 2021.

      About Spackman Entertainment Group Limited

      Spackman Entertainment Group Limited (“SEGL” or the “Company“), and together with its subsidiaries, (the “Group“), is one of Korea’s leading entertainment production groups. SEGL is primarily engaged in the independent development, production, presentation, and financing of theatrical motion pictures in Korea.

      The Company was founded in 2011 by renowned media and technology investor Charles Spackman who served as the Company’s Executive Chairman until 2017. For the past two decades, Mr. Charles Spackman has been a powerhouse in the Korean entertainment industry starting in the early 2000’s with the pioneering success of Sidus Pictures, the largest movie production company at the time and the first to be listed in Korea. Mr. Spackman is also the Founder, Chairman and Chief Executive Officer of the global investment firm, Spackman Group. For more information, please visit and .

      Since its founding, SEGL had produced more than 30 major motion pictures including a number of the highest grossing and award-winning films in Korea, namely #ALIVE (2020), CRAZY ROMANCE (2019), DEFAULT (2018), MASTER (2016), THE PRIESTS (2015), SNOWPIERCER (2013), COLD EYES (2013) and ALL ABOUT MY WIFE (2012).

      Our films are theatrically distributed and released in Korea and overseas markets, as well as for subsequent post-theatrical worldwide release in other forms of media, including online streaming, cable TV, broadcast TV, IPTV, video-on-demand, and home video/DVD, etc. Generally, we release our motion pictures into wide-theatrical exhibition initially in Korea, and then in overseas and ancillary markets.

      The Group also invests into and produces Korean television dramas. In addition to our content business, we also own equity stakes in entertainment-related companies and film funds that can financially and strategically complement our existing core operations. SEGL is listed on the Catalist of the Singapore Exchange Securities Trading Limited under the ticker 40E.

      Production Labels

      SEGL owns Novus Mediacorp Co., Ltd. (“Novus Mediacorp“), an investor, presenter, and/or post-theatrical distributor for a total of 79 films (58 Korean and 21 foreign) including ROSE OF BETRAYAL, THE OUTLAWS and SECRETLY, GREATLY, which was one of the biggest box office hits of 2013 starring Kim Soo-hyun of MY LOVE FROM THE STARS, as well as FRIEND 2: THE GREAT LEGACY. In 2012, Novus Mediacorp was also the post-theatrical rights distributor of ALL ABOUT MY WIFE, a top-grossing romantic comedy produced by Zip Cinema. In 2018, THE OUTLAWS, co-presented by Novus Mediacorp broke the all-time highest Video On Demand (“VOD“) sales records in Korea. For more information, please visit

      The Company owns a 100% equity interest in Simplex Films Limited (“Simplex Films“) which is an early stage film production firm. The maiden film of Simplex Films, JESTERS: THE GAME CHANGERS (2019), was released in Korea on 21 August 2019. Simplex Films has several line-up of films including HURRICANE BROTHERS (working title).

      The Company owns a 100% equity interest in Take Pictures Pte. Ltd. (“Take Pictures“) which produced STONE SKIPPING (2020) and THE BOX (2021), and shall release THE GUEST in the second half of 2022 and A MAN OF REASON, with the previous working title GUARDIAN in 2022 tentatively.

      The Company owns a 100% equity interest in Greenlight Content Limited (“Greenlight Content“) which is mainly involved in the business of investing into dramas and movies, as well as providing consulting services for the production of Korean content. Through the acquisition of Greenlight Content, the Group’s first co-produced drama, MY SECRET TERRIUS, starring top Korean star, So Ji Sub, achieved #1 in drama viewership ratings for its time slot and recorded double digits for its highest viewership ratings. Greenlight Content was one of the main investors of MY SECRET TERRIUS.

      The Company owns a 20% equity interest in The Makers Studio Co. Ltd., which plans to produce and release four upcoming films, the first of which will be THE ISLAND OF THE GHOST’S WAIL, a comedy horror film.

      Talent Representation

      The Company holds an effective shareholding interest of 43.88% in Spackman Media Group Limited (“SMGL“). SMGL, a company incorporated in Hong Kong, together with its subsidiaries, is collectively one of the largest entertainment talent agencies in Korea in terms of the number of artists under management, including some of the top names in the Korean entertainment industry. SMGL operates its talent management business through renowned agencies such as MSteam Entertainment Co., Ltd. (Son Ye-jin, Wi Ha-jun, Lee Min-jung, Ko Sung-hee), SBD Entertainment Inc. (Son Suk-ku, Han Ji-hyun, Lee Cho-hee, Park Keun-rok), UAA&CO Inc. (Kim Sang-kyung, Kim Hye-ri, Kim Ji-young, Wang Ji-won), Play Content Co., Ltd. (Kang Min-ji, Hwang-hwi) and Kook Entertainment Co., Ltd. (Baek Si-won, Shin Ji-woong). Through these full-service talent agencies in Korea, SMGL represents and guides the professional careers of a leading roster of award-winning actors/actresses in the practice areas of motion pictures, television, commercial endorsements, and branded entertainment. SMGL leverages its unparalleled portfolio of artists as a platform to develop, produce, finance and own the highest quality of entertainment content projects, including theatrical motion pictures, variety shows and TV dramas. This platform also creates and derives opportunities for SMGL to make strategic investments in development stage businesses that can collaborate with SMGL artists. SMGL is an associated company of the Company. For more information, please visit

      The Company owns a 100% equity interest in Constellation Agency Pte. Ltd. (“Constellation Agency“). Constellation Agency, which owns The P Factory Co., Ltd. (“The P Factory“) and Platform Media Group Co., Ltd. (“PMG“), is primarily involved in the business of overseas agency for Korean artists venturing into the overseas market. The P Factory is an innovative marketing solutions provider specializing in event and branded content production. PMG is a talent management agency which represents and manages the careers of major artists in film, television, commercial endorsements and branded entertainment.

      Strategic Businesses

      The Company also operates a café-restaurant, Upper West, in the Gangnam district of Seoul and own a professional photography studio, noon pictures Co., Ltd.

      For more details, please visit


      #SpackmanEntertainmentGroupLimited

      Seven Suspects Arrested for Vientiane-Vang Expressway Shooting

      Police arrest a suspect for a shooting on the Vientine-Vang Vieng expressway.

      A shooting in the exit tunnel on the Vientiane-Vang Vieng expressway led to the arrest of seven suspected drug gang members.

      Bank of the Lao PDR to Issue 5 Trillion in Saving Bonds 

      The Bank of Laos PDR.

      The central bank of Laos PDR will issue LAK 5 trillion in savings bonds to individuals and legal entities residing in the Lao PDR, except for commercial banks and depository financial institutions.

      Lao-China Railway Carries Over 400,000 Passengers to Destinations

      Passengers arriving to a destination.

      The Lao-China railway has transported over 400,000 passengers in the past six months.

      Schneider Electric ranks 2nd in The Gartner Supply Chain Top 25 for 2022

      • Climbs 2021 ranking, up two from 4th place
      • Three consecutive years Schneider Electric has placed in the top five

      HONG KONG SAR – Media OutReach – 13 June 2022 – Schneider Electric, the global leader in energy management and automation, was ranked second in the Gartner Supply Chain Top 25 for 2022.

      This is the third time Schneider Electric has placed in the top five and the seventh consecutive year it has ranked on the list. This demonstrates the company’s ongoing commitment and investment to strengthen its supply chain strategy.

      This recognition comes in a year of prolonged supply chain disruption. Companies around the world and across industries continue to be challenged by the impact of the COVID-19 pandemic, facing constrained labor availability, global shortages of raw materials and electronics, and transportation issues. It has become even more critical for corporates to rethink, reprioritize, and reinforce the robustness of their supplier network and increase local capacity.

      The Gartner Supply Chain Top 25 for 2022 identifies, celebrates, and profiles companies demonstrating excellence in supply chain management amid global supply chain disruption. The list is decided based on three aspects:

      • Financial metrics including return on physical assets and revenue growth
      • Corporate social responsibility including ESG measures
      • Community opinion including Gartner experts and industry peers.

      “We are humbled and honored to be recognized by Gartner and our peers,” said Mourad Tamoud, Schneider Electric’s Executive Vice President of Global Supply Chain. “We continue to invest in improving our supply chain because we have an unwavering commitment to our customers and sustainability. We think this recognition is further proof we are on the right path — that investing in people and fourth industrial revolution technologies has concrete benefits for resilience, agility, efficiency, and sustainability.”

      Earlier this year, Schneider was recognized by Gartner in the Power of the Profession™ Supply Chain Awards. for its Adaptive Machine Learning Driver ‘Self-Healing’ Supply Chain in the Process or Technology Innovation of the Year category. The Schneider platform optimizes performance-related parameters such as safety stock quantity, minimum order quantities, and lead times on a real-time basis through machine learning. This has resulted in savings of more than €100 million.

      Sustainability is at the core of Schneider’s purpose and mission, and the first pillar in its supply chain strategy, STRIVE (Sustainable, Trusted, Resilient, Intelligent, Velocity and Efficiency). Now in its second year, the company has accelerated its transformation toward becoming the most agile, innovative, planet and customer-centric supply chain.

      Last year, Schneider launched the Zero Carbon Project, which aims to lower the carbon footprint of its supply chain. More than 1,000 suppliers, which represent 70% of Schneider’s carbon emissions, have committed to the initiative to half their operations’ CO2 emissions by 2025. The Project is part of Schneider’s 2021-2025 sustainability goals, and is a concrete step towards limiting the rise in average global temperatures to 1.5°C or less by 2050, as targeted by the Paris Agreement.

      Earlier this year, Schneider Electric’s Le Vaudreuil factory in France was recognized by the World Economic Forum as a Sustainability Lighthouse, one of only six globally, and two for the company with the other being Lexington, Kentucky. Its Hyderabad factory in India was also recognized as an Advanced Lighthouse, bringing the company’s total count to five.

      To learn more, visit www.se.com/hk

      About Schneider Electric

      Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

      Our mission is to be your digital partner for Sustainability and Efficiency.

      We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

      We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.



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      Hashtags: #LifeIsOn #SupplyChain #GartnerTop25