SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced today its participation in K-Display 2025 at COEX in Seoul for three days from Aug. 7, as the company is showcasing innovative technologies and products ranging from large, medium, and small-sized panels to automotive displays.

LG Display is presenting OLED innovations and display solutions that bridge the present and future under the theme, “Shaping the Future.”

In particular, the exhibition features an experience Zone where visitors can directly encounter the world’s first and best technologies, enhancing their understanding of LG Display’s capabilities.

The OLED Heritage exhibition space allows visitors to see at a glance the technological leadership LG Display has achieved since becoming the first in the world to successfully mass-produce large-sized OLED panels.

This journey covers the company’s 15-inch OLED panel prototype from 2009, which laid the foundation for OLED TV panels, as well as a Tandem OLED panel with a two-layer structure, the deuterium atom structure of second-generation OLED, the Micro Lens Array (MLA) technology of third-generation OLED, and the Primary RGB Tandem structure of fourth-generation OLED. All are presented so that visitors can more intuitively understand OLED technology.

At the booth’s entrance, visitors witness LG Display’s 83-inch OLED panel featuring fourth-generation OLED technology, which was newly unveiled by the company this year. Fourth-generation OLED achieves a maximum brightness of 4,000 nits based on the industry’s first Primary RGB Tandem technology, which stacks the three primary colors of light (red, green, and blue) as independent layers.

LG Display is demonstrating a comparison of the previous generation’s picture quality with that of fourth-generation OLED panels using ultra-large-sized panels, highlighting the incredible three-dimensionality and rich color reproduction of its latest technology.

In addition, it is unveiling the world’s fastest OLED monitor panel for the first time. LG Display’s 540Hz 27-inch OLED panel (QHD) applies Dynamic Frequency & Resolution (DFR) technology to achieve an ultra-high refresh rate of up to 720Hz (HD) depending on the user’s needs. Combined with fourth-generation OLED technology, it boasts the highest level of picture quality among OLED monitor panels, with 99.5% DCI-P3 color reproduction and a maximum brightness of 1,500 nits.

Also on show is a 45-inch 5K2K (5120×2160) OLED panel, which boasts the world’s highest resolution among existing OLED monitor panels. Visitors are able to play games using this panel and thereby discover the difference refresh rates make to gaming.

Those in attendance additionally have the chance to experience LG Display’s various automotive display technologies and products in an auto cockpit with a living space concept that facilitates fully autonomous mobility beyond software-defined vehicles (SDVs).

The 57-inch Pillar-to-Pillar LCD at the center of the cockpit is the largest automotive display currently available, providing information and entertainment functions as desired through its natural curved screen. There is also a 32.6-inch Slidable OLED for vehicles, which unfolds downward when needed, as well as an ultra-bright 29-inch Outdoor LCD, which can be used for both advertising and communication with the world outside the vehicle.

Moreover, LG Display is exhibiting a 47.8-inch LTPS LCD equipped with Switchable Privacy Mode (SPM) technology, allowing the screen in front of the passenger seat to be adjusted so that it is not visible from the driver’s seat. The company is also introducing the world’s first jog dial for vehicles that utilizes a Stretchable display that can stretch up to 53%. This innovative product maintains a smooth and flat form when not in use, but when a button is touched, it stretches to form a jog dial.

Additionally, there is a 14-inch Tandem ATO featuring LG Display’s Tandem structure for the first time in the industry, offering both high brightness with low power consumption while also enabling a thin and lightweight design with a single glass substrate structure. A 14.5-inch LCD unveiled alongside it uses advanced Oxide TFT and low-power backlight technology to maximize battery life, providing an optimized display solution for the AI era’s significantly higher power consumption.

“The LG Display-led technological evolution of OLED is changing the paradigm of displays,” said an official at LG Display. The official added, “We will secure sustainable technological competitiveness and provide differentiated customer value by not only bringing commercial technologies to maturity but also solidly preparing R&D capabilities for future technologies.”

About LG Display

LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:

Joo Yeon Jennifer Ha, Manager, Communication Team
Email: hjy05@lgdisplay.com

SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ — Dematic, a global leader in supply chain automation, has announced the successful deployment of an advanced integrated logistics solution at Lotte Chilsung Beverage’s Bupyeong Logistics Centre. The installation marks a milestone for the region as the first fully automated, mixed case order fulfilment system in South Korea and the broader Asian beverage industry.

Lotte Chilsung, one of Korea’s largest beverage producers, consolidated four existing distribution facilities into a single logistics hub in Bupyeong. The site covers approximately 8,300 square metres, with a height of 42 metres and a capacity of 9,000 pallets. It services more than 1.2 million cases of beverages annually across convenience stores, e-commerce platforms, general retailers, and food & beverage providers.

Facing challenges including rising labour costs, worker fatigue and growing demand for small-batch, multi-product orders, Lotte Chilsung selected Dematic to design a solution that could address these pressures while also enabling precise, high-speed fulfilment within a limited urban footprint.

Dematic delivered a fully integrated system incorporating a high-density 40-metre Automated Storage and Retrieval System (AS/RS) for space efficient pallet storage, a sophisticated Dematic Multishuttle system for carton buffering and sequencing, robotic layer picking for automated layer handling, and RapidPall palletising cells that build optimised mixed case pallets. Additionally, an automated dispatch buffer equipped with pallet shuttle technology reduces staging space requirements and enables rapid truck loading. All components are centrally managed by the Dematic Warehouse Control System (WCS) that is seamlessly integrated with Lotte Chilsung’s enterprise systems.

Since go-live, the solution has significantly reduced manual processes, improved picking accuracy, and enhanced delivery responsiveness while providing real-time inventory visibility and traceability.

“In a market where small, mixed orders are the new norm, Dematic’s automated system has transformed our logistics operations,” said Shim Kyung-seop, Director of Lotte Chilsung’s Bupyeong Logistics Centre. “It has dramatically improved order accuracy, reduced delivery times and enhanced overall customer satisfaction, while also relieving the strain on our workforce.”

By implementing Dematic’s automated system, Lotte Chilsung has significantly improved logistics efficiency within a compact footprint, reducing its reliance on manual labour and lowering operational costs. The new system also provides real-time visibility into inventory and product movement, enabling stronger quality control and faster, more accurate responses to customer demands.

Michael Bradshaw, Vice President of Solution Development for Dematic Asia Pacific, noted that the system reflects the strength of Dematic’s long-standing partnership with Lotte Chilsung. “This is more than a technology deployment, it’s a landmark project that sets a new standard for beverage logistics in Asia. Our team designed a solution tailored to addressing Lotte Chilsung’s operational challenges, delivering measurable and sustainable business outcomes.”

The new facility represents a major step in Lotte Chilsung’s digital transformation and sustainability roadmap. With automation playing a growing role in its logistics strategy, the company plans to continue working with Dematic to develop future-ready supply chain solutions across Korea and beyond.

For more information about Dematic, visit dematic.com or follow us on LinkedIn, Facebook, Instagram, and X.

SINGAPORE, Aug. 7, 2025 /PRNewswire/ — AI Account, a Singapore-based cloud accounting software company, has launched a built-in consolidation feature now available in 23 countries—including all ASEAN markets and beyond.

AI-Powered Accounting Software Designed to Scale Global Businesses

The feature enables businesses with entities in multiple countries to automatically generate consolidated financial reports using AI Account alone.

“Consolidation across multiple countries has always been a challenge for growing businesses,” said Tommy Teo, Director of AI Account. “We built this feature to solve that pain point—so companies can manage regional operations more efficiently and stay compliant, all from one system.”

Where it’s available:
The feature is fully localized and live in: Australia, Bermuda, Brunei, British Virgin Islands, Cambodia, Canada, Cayman Islands, Hong Kong, India, Indonesia, Lao PDR, Malaysia, Maldives, Myanmar, New Zealand, Pakistan, Philippines, Singapore, Thailand, United Arab Emirates, United Kingdom, United States, and Vietnam.

Consolidation typically requires exporting data into spreadsheets or relying on external tools. AI Account removes that friction by embedding the functionality directly within its system. This significantly reduces the complexity of cross-border accounting and compliance for growing businesses.

AI Account is designed to help SMEs and multi-entity companies reduce accounting complexity, improve reporting accuracy, and scale with confidence.

To learn more, visit www.aiaccount.com

About AI Account
AI Account is Singapore-built cloud accounting software that uses AI and automation to deliver localized, intelligent, and compliant financial tools for businesses worldwide. Its mission is to simplify accounting processes across borders and empower companies to grow without operational bottlenecks.

AI Account Pte. Ltd.(UEN: 202205018W)

Singapore Office
101 Thomson Road, #06-00/01, United Square, Singapore 307591

SAN FRANCISCO, Aug. 7, 2025 /PRNewswire/ — Goodstack, the technology company powering giving for the world’s leading brands, is announcing a new fundraiser as part of their ongoing partnership with TikTok. They’re teaming up to launch a global campaign, #TeamWater, led by YouTube Creator MrBeast, in support of WaterAid. The fundraiser aims to raise $40 million by August 31 to bring clean water to 2 million people worldwide.

Mark Rober & MrBeast

Spanning 31 countries, #TeamWater unites many of TikTok’s most influential creators in one of the largest creator-led fundraising efforts to date. Thanks to Goodstack’s technology, TikTok users can contribute directly within the app, turning content into real-world support for communities in need.

“This partnership between Goodstack, TikTok, and MrBeast is exactly what the future of giving looks like: fast, collaborative, and community-powered,” said Aylin Oncel, VP of Impact at Goodstack. “Our team at Goodstack is proud to provide the donation tools that help creators, nonprofits like WaterAid, and platforms like TikTok come together to drive massive global impact.”

Campaign Highlights:

• $1 = Clean water for 1 person for 1 year
• Goal:$40 million by August 31
• Impact: 2 million lives changed

The #TeamWater campaign underscores the power of creators to drive collective action — and shows how TikTok can turn engagement into meaningful, measurable global change.

Join the Movement

Donate directly on TikTok: https://www.tiktok.com/t/ZT6yeH2Ws 

Read more here: newsroom.tiktok.com/en-us/tiktok-partners-with-mrbeast-on-teamwater-campaign-for-wateraid 

Media Enquiries

For press inquiries, please contact us at pr@goodstack.io.

About Goodstack

Goodstack is on a mission to revolutionize how the world does good by connecting companies, employees, and customers to causes through the largest purpose-driven network on the planet. Learn more at goodstack.io.

– Participated in the “University of Sydney Welcome Fest“ on August 4–5, engaged with international university students

– Attracted around 10,000 daily visitors—praised for product sampling, digital content, and Gen MZ-focused marketing

SEOUL, South Korea, Aug. 7, 2025 /PRNewswire/ — Daesang announced on 7^th that its global food brand O’food participated in Welcome Fest 2025 at the University of Sydney, one of Australia’s most prestigious universities.

Held August 4 and 5, the University of Sydney’s Welcome Fest is one of Australia’s premier university festivals, taking place twice a year at the start of each semester. The fun-filled event offers students opportunities to connect with peers and explore a wide range of campus programs and services. As the largest university event in the country, this year’s edition featured more than 180 booths, representing 56 brands and 111 University of Sydney-affiliated clubs. This semester’s festival drew an enthusiastic crowd of about 35,000 students.

O’food, as the only Korean brand participating, operated its own booth under the theme “O’food at O’Week” to strengthen its connection with the global Gen MZ demographic. Despite rainy weather, the booth drew long lines and lively engagement throughout the event, attracting over 10,000 visitors per day and demonstrating strong interest in Daesang’s global food brand.

During the event, O’food delighted students with tastings of ready-to-eat products, featuring locally produced dumplings and fried rice. Visitors also had the chance to receive freebies, such as cup tteokbokki and kimchi cup ramen. The convenience and bold flavour of these easy-to-prepare products proved especially popular among K-Food enthusiasts and international students living in dorms and off campus.

Marketing initiatives tailored to Gen MZ garnered positive feedback. Catering to their digital-savvy lifestyle, O’food provided a Google Maps-integrated “Where to Buy” guide showing local retail locations, TikTok-based interactive filters and challenges, branded merchandise, and a variety of engaging digital content. The booth also hosted Instagram follow events and a roulette game that awarded O’food ready meals as prizes. Participants who provided product feedback were entered into a drawing for a mystery gift box filled with O’food items, which added an extra layer of excitement and engagement.

Christal Sutiono and Sam McCredie, students who participated in the booth event, shared, “We’ve become interested in K-Food through various media channels, but apart from K-BBQ, we hadn’t had much exposure to Korean cuisine—and visiting a Korean restaurant felt a bit intimidating. At the event, we got to sample O’food products like kimchi fried rice and found the Google Maps guide showing where to buy them, along with simple cooking instructions. It made us feel confident about trying them out in our dorm.”

Jeff Choi, CEO of Daesang Australia, stated, “This was a valuable opportunity to engage directly with Gen MZ individuals from diverse backgrounds in Australia and effectively showcase the appeal of the O’food brand. We will continue introducing locally tailored products and content to build deeper intergenerational connections and strengthen our position as a fun and flavorful K-Food brand leader.”

CLEVELAND, Aug. 7, 2025 /PRNewswire/ — AML RightSource, the global expert solutions leader in financial crime compliance and third-party risk management, has been named a Leader in Everest Group’s Financial Crime Compliance Operations Services Peak Matrix® Assessment 2025.

Everest Group’s data-driven annual report evaluates service providers across key dimensions, including market impact and vision & capability. AML RightSource’s recognition as a Leader reflects its ability to deliver high-quality outcomes for clients, underpinned by a strong global delivery model and investment in technology, analytics, and subject matter experts.

AML RightSource’s CEO, Steve Meirink shared “We are proud to be recognized as a Leader in Everest Group’s 2025 PEAK Matrix® for Financial Crime Compliance Operations Services, especially in our first year of participation. This recognition reflects the strength of our global delivery model, the depth of our subject matter expertise, and our continued investment in advanced technology and analytics. It reinforces our vision to be the leading expert solutions provider that our clients and partners count on every single day to prevent financial crimes and increase transparency with third parties. As we work together to foster trust across the global financial ecosystem, we remain focused on making our local communities safer. This acknowledgment from Everest Group validates the impact of our mission and the dedication of our teams across the globe.”

In its report, Everest Group highlighted several strengths of AML RightSource, including:

• Breadth of services across FCC value chain, including KYC, enhanced due diligence, transaction monitoring, fraud, and reporting
• Use of AI and advanced analytics to improve efficiency and support better decision-making
• Deep regulatory insight, expertise, and industry knowledge, enabling tailored solutions for banks, fintechs, and global corporations
• Global delivery capabilities, with experienced teams in the US, Canada, UK, Europe, and Asia.

“Being named a Leader by Everest Group is a strong endorsement of the outcomes we deliver and how we deliver them,” said Brad Breslin, EVP and Chief Delivery Officer at AML RightSource. “This recognition reflects our ability to scale high-quality compliance operations without requiring clients to expand their internal teams or tech stacks. From day one, we bring deep subject matter expertise, best-in-class technology workflows, and a global delivery model that ensures precision, efficiency, and resilience. Our placement across both market impact and vision & capability validates our clients’ trust in us to help them navigate complexity and deliver with confidence. This achievement is a direct result of the dedication, expertise, and passion of our global team. We’re proud to be setting the standard for excellence in FCC operations.”

“In a market rapidly shifting from check-the-box compliance to risk-based orchestration, buyers are prioritizing partners who blend regulatory expertise with technology led investigation capabilities,” noted Dheeraj Maken, Practice Director, Everest Group. “Through a series of strategic acquisitions, AML RightSource has built a modular technology ecosystem that enhances key workflows across KYC, adverse media, and third-party risk management. Coupled with its focus on high-touch, SME-led delivery, these capabilities have contributed to its placement as a Leader in our Financial Crime and Compliance (FCC) Operations Services PEAK Matrix® Assessment 2025.”

This independent validation of AML RightSource’s leadership in financial crime compliance operations comes at a time when financial institutions are under growing pressure to address regulatory complexity, manage operational costs, and respond to emerging threats. AML RightSource continues to support clients through a combination of managed services, advisory expertise, and enabling technology.

About AML RightSource, LLC
AML RightSource is a global leader in financial crime compliance and risk management. We deliver tailored solutions through expert professionals and advanced technology, supporting AML, KYC, EDD, and more. With 6,500+ specialists worldwide, we help clients meet compliance demands and strategic goals. Learn more at www.amlrightsource.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 ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

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