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Thailand EV Board Adjusts EV3, EV3.5 Terms to Promote Exports as Investment in EV Supply Chain Tops 137 Billion Baht

BANGKOK, July 30, 2025 /PRNewswire/ — Thailand’s National Electric Vehicle Policy Committee (EV Board), today approved adjustments to the so-called EV3 and EV3.5 incentive packages to encourage the manufacturers of battery electric vehicles (BEV) to use the country as an export base.

Thailand’s National Electric Vehicle Policy Committee (EV Board), chaired by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, today approved adjustments to the so-called EV3 and EV3.5 incentive packages to encourage the manufacturers of battery electric vehicles (BEV) to use the country as an export base.
Thailand’s National Electric Vehicle Policy Committee (EV Board), chaired by Deputy Prime Minister and Finance Minister Pichai Chunhavajira, today approved adjustments to the so-called EV3 and EV3.5 incentive packages to encourage the manufacturers of battery electric vehicles (BEV) to use the country as an export base.

The two incentive schemes require manufacturers to produce locally to compensate for the vehicles they imported since the start of the EV subsidies program in 2022 before they started local production. Under the new adjustments, 1 vehicle produced for export will be accounted as 1.5 vehicle, making it easier for carmakers to meet their production commitments. This approach, proposed by the Federation of Thai Industries (FTI), is expected to increase the number of electric vehicle exports to approximately 12,500 units in 2025 and approximately 52,000 units in 2026.

The board also approved a proposal to extend by one month the registration period for vehicles produced for the domestic market and strengthen subsidy payments to enhance the effectiveness of the measures.

The board, chaired by Mr. Pichai Chunhavajira, Deputy Prime Minister and Minister of Finance, also acknowledged a report showing the progress seen in the sector and demonstrating the policy’s success, including the total amount of investment in the local EV supply chain which has reached 137.7 billion baht (ca. USD 4.2 billion) as of end-June 2025. On the consumer side, a total of 175,064 BEV cars and 34,559 electric motorcycles have so far been granted subsidies totaling over 12 billion baht under the EV 3.0 and EV 3.5 schemes.

“The EV Board acknowledged the continued expansion of the EV sector in Thailand and took steps to allow further growth and encourage manufacturers to export more,” Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI), who is also the secretary of the EV Board, told reporters at a press conference held after the EV Board meeting at the Ministry of Finance in Bangkok. “The revisions approved today will allow greater flexibility and help Thailand, which is already the leader in the region’s automotive manufacturing industry, to become a key EV production base.”

In the first half of 2025, a total of 57,289 new BEV passenger cars were registered in Thailand, a 52.4% increase compared to the same period of last year, accounting for 15% of all new passenger car registrations.  For the whole of 2024, a total of 70,582 BEV passenger cars were registered. A total of 203,000 BEV passenger cars is on the road in the country, along with 71,900 electric motorcycles, 3,800 electric buses and trucks, and 1,000 three-wheeled electric tuk tuks.

Regarding the charging network, a key infrastructure for the EV sector, a total of 3,720 charging stations were in operation around the country as of March 2025. Out of the 11,622 installed chargers, 6,524 were DC fast chargers, some 48% more than the 4,400 that had been expected for this year in the initial EV sector development plan. The plan expects the number of DC fast chargers to total 12,000 by 2030. Under the “30@30” policy, Thailand aims for at least 30% of vehicles produced in Thailand to be electric vehicles by 2030.

Currently, 27 companies are participating in the EV3 scheme, including 16 electric passenger car and pickup truck manufacturers, and 11 electric motorcycle manufacturers. Ten companies are participating in the EV3.5 measure, all of which are passenger car manufacturers already participating in EV3.

Rising Investments in the EV Supply Chain

Cumulative approved investments in the manufacturing of electric vehicles, key components, charging systems, and battery swapping services total 137.7 billion baht, comprising:

  • BEV production: 21 projects representing total investment of 41.08 billion baht and a combined production capacity of 386,000 units per year
  • Battery electric motorcycle production: 16 projects representing total investment of 990 million baht and a combined production capacity of 810,000 units per year
  • Battery electric bus and truck production: 3 projects representing total investment of 2.21 billion baht and a combined production capacity of 4,800 units per year
  • Battery production: 53 projects, including both battery module production and the manufacturing of battery cells, representing total investment of 80.1 billion baht
  • Production of other key parts, such as traction motors, BMS, DCU, on-board chargers: 42 projects representing total investment of 6.52 billion baht
  • EV charging stations: 29 projects representing total investment of 5.56 billion baht, to install a total of 20,080 charging stations, including 7,360 DC chargers.
  • Battery swapping station: 5 projects representing total investment of 1.28 billion baht, to set up 555 stations for motorcycle batteries, 7 stations for large commercial vehicles, and 6 stations for passenger cars.

Details of the Adjustments and Extension Measures

As proposed by the Excise Department to facilitate the registration of the high number of BEV cars usually sold around year-end in the domestic market, the registration period for cars under the EV3 and EV3.5 measures has been extended by one month. The EV3 measure requirement that specified the cars had to be “registered by December 31, 2025” has been changed to “sold by December 31, 2025, and registered by January 31, 2026.” For the EV3.5 measure, the timeframe has been extended from “registered by December 31, 2027,” to “sold by December 31, 2027, and registered by January 31, 2028.”

The EV Board also approved revised criteria to be used in overseeing the Excise Department’s subsidy disbursement under the EV3 and EV3.5 measures to ensure prudent, efficient, and flexible implementation as follows:

1) EV3 participating companies that do not extend the compensatory production period must prepare a compensatory production forecast and report the results monthly. The Excise Department will withhold subsidy payments until they have accumulated at least 50% of the total compensatory production and meet the projected production plan. As for EV3 participants who wish to extend the compensatory production period, or EV3.5 participants, they must prepare a compensatory production forecast. For EV3 participants who wish to extend the compensatory production period, they must provide a bank guarantee of 20 million baht for companies with registered capital of 5 billion baht or more and 40 million baht for companies with registered capital below 5 billion baht. The Excise Department will withhold subsidy disbursement if the eligible recipient’s accumulated compensatory production falls below the specified proportion.

2) EV3 participants wishing to extend the compensatory production period are allowed to procure additional production plants to enable the compensatory production to be completed within the specified timeframe.

3) Participants in the EV3 and EV3.5 measures can revise their application for incentives and the number of cars imported for compensatory production. For vehicles that have been imported and registered but have not yet received subsidies, companies can choose to repay the excise tax difference, along with penalties and surcharges, so that these vehicles will not require compensatory production.

For more information, please contact:
Thailand Board of Investment
Tel. +66 (0) 2553 8111
Website: www.boi.go.th
YouTube: Think Asia, Invest Thailand

AI visionaries converge in Shanghai to chart the future of innovation

SHANGHAI, July 30, 2025 /PRNewswire/ — A news report from english.shanghai.gov.cn

 

From breakthrough algorithms to global collaborations, tech pioneers came together at the “Intelligent Dialogues, Shared Future” salon during WAIC 2025 in Shanghai, exploring how AI is reshaping our world. Shanghai isn’t just witnessing the future — it’s building it.

Industry leaders in artificial intelligence gathered for a roundtable discussion on July 27, during the World Artificial Intelligence Conference (WAIC), focusing on China’s pivotal role in shaping the global AI landscape.

Hosted by the Foreign Affairs Office of the Shanghai Municipal People’s Government and organized by China Daily, the event, themed “Intelligent Dialogues, Shared Future”, brought together Al experts and business leaders including Jeff Shi, president of SenseTime’s Asia-Pacific business, Wang Lei, chairman of Beijing-based Wenge Tech, and Wang Guanchun, CEO of Laiye Technology, among other leaders from academia and industry.

As they joined in discussions on how the technology is transforming industries and improving daily life, they also shared Shanghai’s practices in policy, innovation, and global collaboration, highlighting the city’s drive to become a global innovation hub and a key force in inclusive, international Al development.

The discussions were chaired by China Daily’s foreign editors, Stephanie Ann Stone and Owen Thomas Fishwick, who had explored the WAIC exhibition halls one day in advance, immersing themselves in the latest advancements and witnessing firsthand how AI is transforming sectors from transportation to healthcare, seamlessly integrating into urban life.

The forum, which took place at the Shanghai Tower, featured two sessions.

The first session addressed China’s strategic approach to AI development, acknowledging the country’s supportive policies, open international collaboration, and advancements in algorithm innovation, data governance, talent cultivation, and global cooperation.

“Artificial intelligence is profoundly transforming various aspects of our society and economy,” said Wang Lei, who is also a researcher at the Chinese Academy of Sciences. “Our Chinese entrepreneurs have made significant contributions, such as the open-source of the DeepSeek model, which has played a crucial role in the democratization of AI.”

Michael Chan, CEO of Zand Bank, the UAE’s first digital bank, said the bank partnered with China’s Ant Digital Technologies last year to build a financial reasoning large model that cuts AI adoption costs for financial institutions. He noted this as a valuable example of Chinese technology going global.

The second session centered on tangible applications of AI technology, showcasing concrete examples of how AI is positively impacting lives.

The conversation also touched upon the crucial theme of “tech for good”, with speakers delving into Shanghai’s pioneering role in AI governance and its potential to contribute valuable “China experience” to the development of global AI regulations.

Zhu Guangxiang, product manager of Baidu Miaoda, emphasized that AI should not be just “a game for a few”, but “a technology carnival for all”, as every industry can transform its business through artificial intelligence, improve production efficiency, and ultimately enhance people’s lives.

Company representatives also shared insights into how Shanghai’s thriving innovation ecosystem, international business environment, and skilled workforce are enabling AI projects to transition from concepts to real-world applications.

Jeff Shi, president of SenseTime Asia Pacific, said a lot of things SenseTime has done are just monumental. “The 10-year AI journey has provided us with insights into the challenges and rewards of AI adoption. We look forward to sharing these learnings with more enterprise customers, both at home and abroad.”

Zhu Bin, global sales general manager of ULS Robotics, shared the company’s growth amid Shanghai’s fertile AI ecosystem. Established in 2003, the company has grown into a leading developer of exoskeleton robots.

“As a hardware company, we are especially grateful to our partners offering large models, computing power and language data. Shanghai has rich application scenarios and a complete industrial chain, providing fertile soil for the innovation of artificial intelligence enterprises,” Zhu said.

 

Mitto Recognized in the 2025 Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS)

Inclusion in the Magic Quadrant report is based on Mitto’s Ability to Execute and Completeness of Vision.

ZURICH, July 30, 2025 /PRNewswire/ — Mitto, a leading provider of global omnichannel communications solutions, today announced its inclusion in the 2025 Gartner® Magic Quadrant™ for Communications Platform as a Service (CPaaS) report.

Mitto Positioned in Gartner® Magic Quadrant™ for CPaaS
Mitto Positioned in Gartner® Magic Quadrant™ for CPaaS

Gartner defines CPaaS as “a cloud-based platform used by developers, the IT team and other nontechnical business roles to build an array of communications-related capabilities using APIs, SDKs, documentation and no-code/low-code visual builders. The CPaaS tools facilitate access to multiple communications channels spanning voice, SMS, email, messaging apps, video and conversational capabilities, along with security.”

In our view, Mitto’s recognition in this year’s Magic Quadrant reflects the company’s continued investment in secure, high-performance communications — tailored for enterprise scalability, regional compliance, and deep customer engagement.

Mitto serves a wide range of global enterprises across industries including finance, retail, insurance, logistics, and technology, offering access to over 800+ direct carrier connections and global access to every region of the world, intelligent AI-powered routing, AIT fraud detection, and rich messaging capabilities across SMS, Voice, WhatsApp, Viber, RCS, Telegram, and more.

Mitto’s platform also provides prebuilt tools such as Campaigns and Conversations, mobile intelligence APIs, and seamless integrations with CRMs, ERPs, and eCommerce platforms. Its partner portal continues to expand with co-branded enablement kits, self-serve onboarding, and vertical-specific assets.

“We are honored to be recognized once again in the Gartner Magic Quadrant for CPaaS,” said Andrea Giacomini, CEO of Mitto. “This recognition, in our opinion, reflects our focused approach to enterprise communications — where performance, compliance, and flexibility matter most. We remain committed to helping global brands deliver reliable, real-time customer experiences at scale.”

Gartner, Magic Quadrant for Communications Platform as a Service, By Lisa Unden-Farboud, Daniel O’Connell, Brian Doherty, Ajit Patankar, July 15, 2025

GARTNER and MAGIC QUADRANT are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Mitto
Mitto is a leading provider of global, omnichannel communications solutions, supporting business growth with advanced customer engagement technology and messaging enablement. Offering easy-to-integrate SMS, Voice, and Chat App APIs, next-generation business messaging, and end-to-end phone number intelligence, Mitto’s platform ensures the world’s largest brands and MNOs are ready for what’s next.

www.mitto.ch
Twitter/X: @mittoglobal
LinkedIn: Mitto

Contact:

Darinka Kukrika
Marketing Manager at Mitto
darinka@mitto.ch 

 

MetaOptics Ltd Lodges Preliminary Offer Document for Catalist Listing on the SGX-ST

SINGAPORE, July 30, 2025 /PRNewswire/ — MetaOptics Ltd (the “Company“, together with its subsidiary, the “Group“) is a cutting-edge semiconductor optics company pioneering glass-based metalenses with AI-enhanced imaging. The Group is a vertically integrated frontrunner in metalens technology headquartered in Singapore, and has lodged its preliminary offer document for its upcoming initial public offering (the “IPO“) on the Catalist Board (“Catalist“) of the Singapore Exchange Securities Trading Limited (“SGX-ST“). With full-stack capabilities spanning metalens design, nanoscale fabrication, and product integration, the Group is among the earliest globally to bring cutting-edge metalens technology to customers.

Established in 2021, the Group is the first pure-play metalens company to seek a public listing globally, underscoring its readiness to redefine the next-generation optical supply chain for the leading technology companies across a wide range of industries. Positioned at the intersection of emerging trends in photonics and nanofabrication, the Group designs and manufactures metalenses and related products, including metalens camera modules, metalens manufacturing equipment, and Internet of Things (“IoT“) devices such as infrared cameras, pico projectors and colour cameras. These metalenses are designed for integration into smartphones, laptops, contactless three-dimensional (“3D“) biometrics modules, projectors, augmented reality / virtual reality (“AR/VR“) devices, and industrial systems such as IoT devices, Light detection and ranging (“LiDAR“) systems, and heads-up display for aircraft and autonomous vehicles.

Metalenses enable next generation of high-speed optical interconnects. They are a key enabler of co-packaged optics, improving coupling efficiency, reducing system footprint, and enhancing thermal performance, which are all critical for scaling telecommunications infrastructure. By leveraging on its cutting-edge metalens technology, the Company is capable of mass producing colour metalens through semiconductor processes and by integrating several million circular pillars in the Group’s metalens, making the Group’s technology difficult to replicate.

The Group maintains a distinct competitive edge in the rapidly expanding optical metalens industry, driven by a combination of technological depth, vertically integrated capabilities, and scalable production ability:

(i) Full-stack capabilities from design to delivery: The Company is among the most vertically integrated players in the industry that offers end-to-end solutions—from optical design and fabrication to module integration, IoT product manufacturing, Artificial Intelligence (“AI“) based algorithm image optimisation, and commercial distribution.

(ii) Proprietary AI-enhanced optical technologies: The Company has developed proprietary AI algorithms that significantly enhance the performance of metalens-based imaging systems. These capabilities include sharpening image resolution, reconstructing high-fidelity colour images from monochromatic inputs, etc.

(iii) Strong research and development (“R&D”) capabilities in optical metalens technology: The Company possesses strong R&D strength in optical metalens innovation, underpinned by a multidisciplinary team with expertise in nano-photonics, computational optics, and advanced materials.

(iv) Scalable and flexible fabrication platforms: The Company leverages on both its 12-inch Deep Ultra-Violet (“DUV“) immersion lithography and its 4-inch Direct Laser Writing (“DLW“) technologies in its fabrication process. DUV immersion enables patterning of nanostructures suitable for mass production of high-precision colour metalens, while DLW offers a versatile and maskless process for rapid design iterations and lower-volume runs.

(v) Robust intellectual property portfolio: The Company pioneered the development of capabilities to direct-write metasurface on a 12-inch glass wafer, enabling large-scale production of optical metalenses through semiconductor processes. The Company also holds intellectual property in direct etching on glass substrates, presenting a breakthrough compared to traditional fabrication with silicon-based substrates.

The Group intends to use the gross proceeds from the issue of Placement Shares primarily as follows: (i) product development, research & development, and strategic partnerships (including expanding the Group’s R&D team and deployment of funding into the development of rectangular metalenses); (ii) business expansion through organic growth, mergers and acquisitions, joint ventures and/or strategic partnerships and (iii) working capital and general corporate purposes.

Mr. Mark Thng, Executive Chairman and Chief Executive Officer of MetaOptics Ltd commented, “the global metalens market is poised for exponential growth from 2024 to 2029, boasting a projected CAGR of approximately 74.8%. Building on this momentum, our Group will leverage its core strengths to expand both our product portfolio and fabrication capabilities. Central to our plan is the miniaturisation of devices and the integration of metalenses across a broad spectrum of smart device applications, including optical sensors, camera, AI/smart glasses, autonomous vehicles, and augmented reality/mixed–reality displays, enabling slimmer, more intelligent, and energy-efficient solutions.”

“To meet the evolving demands of our strategic clients and support further growth, we are expanding into key overseas markets, deploying our metalens offerings to penetrate the global smart device industry. At the same time, we will strengthen and diversify our supplier base, reinforcing existing partnerships and onboarding new suppliers who share our commitment to excellence. We are confident that these strategic actions will reinforce our position at the forefront of innovation and ensure long-term success.”

About MetaOptics Ltd

Established in 2021 and headquartered in Singapore, the Group designs and manufactures meta optics components and products including metalens, metalens camera modules, metalens manufacturing equipment, and metalens IoT products, such as infrared metalens cameras, pico projectors and IoT metalens colour cameras. The metalenses are integrated into a wide range of applications by its customers, especially for smartphones, contactless 3D biometrics modules, projectors, and industrial uses such as IoT, LiDAR and HUDs for planes and self-driving cars, and AR/VR devices. According to the CIC Report, the Company ranks 3rd globally among metalens companies with mass production possibilities and shipments in terms of revenue by the end of 2024, and 5th globally in 2024 in terms of revenue among all metalens companies.

This press release is issued by DLK Advisory Limited on behalf of MetaOptics Ltd.

For any enquiries, please contact:

DLK Advisory 金通策略
Telephone: +852 2857 7101
Fax: +852 2857 7103
pr@dlkadvisory.com / ir@metaoptics.sg  

SuperX Unveils the All-New SuperX XN9160-B200 AI Server, Powered by NVIDIA Blackwell GPU — Accelerating AI Innovation by 30x as Compared to H100 Series with Supercomputer-Class Performance

SINGAPORE, July 30, 2025 /PRNewswire/ — Super X AI Technology Limited (Nasdaq: SUPX) (“Company” or “SuperX”) today announced the launch of its latest flagship product — the SuperX XN9160-B200 AI Server. Powered by NVIDIA’s Blackwell architecture GPU (B200), this next-generation AI server is engineered to meet the rising demand for scalable, high-performance computing in AI training, machine learning (ML), and high-performance computing (HPC) workloads.

The XN9160-B200 AI Server is purpose-built to accelerate large-scale distributed AI training and AI inference workloads. It is optimized for GPU-supported tasks to support intensive GPU instances, particularly for training and inference of foundation models using reinforcement learning (RL) and distillation techniques, multimodal model training and inference, as well as HPC applications such as climate modeling, drug discovery, seismic analysis, and insurance risk modeling. Its performance rivals that of a traditional supercomputer, offering enterprise-grade capabilities in a compact form.

The launch of the SuperX XN9160-B200 AI server marks a significant milestone in SuperX’s AI infrastructure roadmap, delivering powerful GPU instances and compute capabilities to accelerate global AI innovation.

XN9160-B200 AI Server

Figure 1. SuperX XN9160-B200 AI Server
Figure 1. SuperX XN9160-B200 AI Server

The all-new XN9160-B200 features 8 NVIDIA Blackwell B200 GPUs, fifth-generation NVLink technology, 1440 GB of high-bandwidth memory (HBM3E), and 6th Gen Intel® Xeon® processors, unleashing extreme AI compute performance within a 10U chassis.

Built for AI —— Cutting-edge Training Performance

The SuperX XN9160-B200 is powered by its core engine: 8 NVIDIA Blackwell B200 GPUs, equipped with fifth-generation NVLink technology to provide ultra-high inter-GPU bandwidth of up to 1.8TB/s. This significantly accelerates large-scale AI model training, achieving up to a 3x speed improvement and drastically shortening the R&D cycle for tasks like pre-training and fine-tuning trillion-parameter models. For inference, it represents a quantum leap in performance: with 1440GB of high-performance HBM3E memory running at FP8 precision, it achieves an astonishing throughput of 58 tokens per second per card on the GPT-MoE 1.8T model. Compared to the 3.5 tokens per second of the previous generation H100 platform, this represents an extreme performance increase of up to 15x.

The inclusion of 6th Gen Intel® Xeon® processors, in tandem with 5,600-8,000 MT/s DDR5 memory and all-flash NVMe storage, provides key support for the system. These components effectively accelerate data pre-processing, ensure smooth operation in high-load virtualization environments, and enhance the efficiency of complex parallel computing, enabling the stable and efficient completion of AI model training and inference tasks.

To ensure exceptional operational reliability, the XN9160-B200 utilizes an advanced multi-path power redundancy solution. It is equipped with 1+1 redundant 12V power supplies and 4+4 redundant 54V GPU power supplies, effectively mitigating the risk of single point of failures and ensuring the system can run continuously and stably under unexpected circumstances, providing uninterrupted power for critical AI missions.

The SuperX XN9160-B200 has a built-in AST2600 intelligent management system that supports convenient remote monitoring and management. Each server undergoes over 48 hours of full-load stress testing, cold and hot boot validation, and high/low-temperature aging screening, combined with multiple production quality control processes to ensure reliable delivery. We also provide a three-year warranty and professional technical support, offering a full-lifecycle service guarantee to help enterprises navigate the AI wave and lead the future.

Technical Specifications:

CPU

2* Intel® Xeon® 6710E Processor 64Cores, 2.40 GHz, 205W

GPU

8* Nvidia B200

Memory

32* 96GB DDR5 5600 RDIMM

System Disk

1* 960GB SSD

Storage Disk

3.84TB NVMe U.2

Network

•  8* CX7 MCX75310 IB Card, 400G OSFP

•  1* BCM957608-P2200G, dual 200G QSFP56

•  1* BCM957412A4120AC, dual 10G SFP+

Dimension

440mm(H) x 448mm(W) x 900mm(D)

Market Positioning

The XN9160-B200 is designed for global enterprises and research institutions with demanding compute needs, especially:

  • Large Tech Companies: For training and deploying foundation models and generative AI applications
  • Academic & Research Institutions: For complex scientific simulations and modeling
  • Finance & Insurance: For risk modeling and real-time analytics
  • Pharmaceutical & Healthcare: For drug screening and bioinformatics
  • Government & Meteorological Agencies: For climate modeling and disaster prediction

Purchase & Contact Information

For product inquiries, sales, and detailed specifications, please contact our product sales team at: Sales@superx.sg

About Super X AI Technology Limited (SUPX)

Super X AI Technology Limited is an AI infrastructure solutions provider, and through its wholly-owned subsidiaries in Singapore, SuperX Industries Pte. Ltd. and SuperX AI Pte. Ltd., offers a comprehensive portfolio of proprietary hardware, advanced software, and end-to-end services for AI data centers. The Company’s services include advanced solution design and planning, cost-effective infrastructure product integration, and end-to-end operations and maintenance. Its core products include high-performance AI servers, High-Voltage Direct Current (HVDC) solutions, high-density liquid cooling solutions, as well as AI cloud and AI agents. Headquartered in Singapore, the Company serves institutional clients globally, including enterprises, research institutions, and cloud and edge computing deployments. For more information, please visit www.superx.sg

Contact Information

Product Inquiries: sales@superx.sg

Investor Relation: ir@superx.sg

Follow our social media:

X.com: https://x.com/SUPERX_AI_

LinkedIn: https://www.linkedin.com/company/superx-ai

Safe Harbor Statement

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.

Forward-looking statements are only predictions. The reader is cautioned not to rely on these forward-looking statements. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Hikvision unleashes the power of large-scale AI in traffic management by introducing next-generation traffic cameras and servers

HANGZHOU, China, July 30, 2025 /PRNewswire/ — Hikvision, a global leader in the AI-powered Internet of Things (AIoT), has released a suite of next generation checkpoint cameras, traffic incident detection cameras, and servers, powered by advanced large-scale Traffic AI models. These innovative products are designed to significantly enhance detection accuracy, reduce false alarms, and improve overall traffic safety.

Hikvision unleashes the power of large-scale AI in traffic management by introducing next-generation traffic cameras and servers
Hikvision unleashes the power of large-scale AI in traffic management by introducing next-generation traffic cameras and servers

Revolutionary AI models for smarter detection
Hikvision’s large-scale traffic AI models are based on the Guanlan Large-Scale AI Model platform. They have been developed with deep traffic industry knowledge and are trained on millions of complex real-world situations such as rainy roads, construction areas, and extreme weather.

The models use the Transformer architecture, an AI-building approach that allows simultaneous viewing of data parts. It assists the models by identifying complex features and can rapidly determine the relationships between different elements in a traffic scene.

The self-attention mechanism in these models enables better extraction of overall features. Instead of just focusing on individual details, they analyze the whole picture to understand the context. This significantly reduces false detections caused by the background.

Checkpoint cameras: 75% fewer false alarms
Hikvision’s new checkpoint cameras with large-scale AI models (iDS-TCV9(C)00-HI, iDS-TCV9(C)07-HIR) address common traffic compliance monitoring challenges such as detecting seatbelt use and phone usage by drivers.

  • For seatbelt detection
    The self-attention mechanism evaluates the driver’s posture and visible parts of the seatbelt—even when partially obscured—and reduces false alarms by 75%. The models’ strong pre-training generalization and self-attention mechanisms allows them to work well in complex situations, such as when the seatbelt color matches the clothing or the belt has an unusual shape.
  • For detecting phone use
    When it comes to detecting phone use, these cameras analyze multiple factors such as hand position, the area near the ear, and the driver’s line of sight. By integrating industry knowledge rather than relying solely on the phone’s shape, they reduce false phone use detections by 75%, meeting the need for high accuracy.

Traffic incident cameras and servers: 60% lower false detection rates
Hikvision’s incident detection cameras (iDS-TCS802-HS, iDS-TCS907-HIR, iDS-TCS917-HI, iDS-TCS900-HI) and servers (iDS-TSS500-H/16, iDS-TSS300-H/04) leverage large-scale AI models to deliver a 60% reduction in false alarm rates for incidents like fallen objects, pedestrian detection, and stopped vehicles.

The cameras minimize background false detection by better understanding the image context. Their enhanced generalization ability allows them to detect rare targets and capture complex features, such as identifying event types based on key characteristics of personnel and vehicles. For example, they can identify reflective vests or emergency lights to accurately classify events. The servers, in turn, let users get these benefits using their existing cameras, avoiding the need to install new ones for road monitoring.

“These new cameras are a big step forward in traffic management efficiency,” said Hollis Li,  Intelligent Traffic Product Director at Hikvision. “With large-scale traffic AI models, our solutions are more accurate and better at handling real-world challenges. This means safer roads and more efficient traffic management for everyone.”

Find out more
To learn more about Hikvision’s intelligent checkpoint cameras, and incident detection cameras and servers with large-scale AI models, please visit our official website.

Technology Drives Creativity: Digital Domain Showcases R&D Achievements at WAIC 2025

Launching an all-in-one content creation platform to empower the “Shanghai Solution” with 
AI-driven innovation

HONG KONG, July 30, 2025 /PRNewswire/ — The 2025 World Artificial Intelligence Conference (“WAIC 2025”) and the High-Level Meeting on Global AI Governance arrived at the Shanghai World Expo Exhibition & Convention Center and the Shanghai Expo Center. Under the theme “Global Solidarity in the AI Era,” this grand event continues to serve as a critical platform as the “technology leader, application showcase, industry accelerator, and governance council.” It brought together over a thousand experts, scholars, corporate executives, and elite representatives, along with 300,000 attendees, to witness the forefront of the AI wave. Among them, the Hong Kong Trade Development Council, in collaboration with Hong Kong Science & Technology Parks Corporation and Cyberport, established the “Hong Kong Pavilion.” Digital Domain Holdings Limited (“Digital Domain”, Stock code: 547) was invited to showcase its R&D achievements in visual effects, virtual humans, and visualization at the exhibition area, demonstrating the positive integration of technological advancement and creative refinement in the AI-driven commercialization process.

With the ongoing rise of AI-powered tools, Digital Domain is dedicated to expanding its product and service offerings. It is shifting from focusing on a single content processing segment to exploring diverse creative methods and pursuing various commercial opportunities within an upstream system. This transition accelerates the development of multi-faceted consumer-grade sensory experiences. At WAIC 2025, Digital Domain launched an AI-powered all-in-one content creation platform, “AI DOMAIN”: integrating large AI models, AI DOMAIN features a comprehensive toolkit for text, images, and audio. With seven main functions, such as text-to-image, image-to-video, local repainting, style transfer, smart image expansion, image-video super-resolution, and virtual human generation, it enables creators of all backgrounds and skill levels to produce high-quality visual content efficiently and effectively.

Create a comprehensive incubation system to revolutionize the creative industry with AI

After more than 30 years of transformation, Digital Domain, born in Hollywood, has achieved global expansion in virtual humans, visual effects, and visualisation. The pursuit of technology and creativity has driven Digital Domain to introduce unparalleled artistic vision into the construction of films and television series. Its representative works include Oscar-winning films for “Best Visual Effects” such as TitanicWhat Dreams May Come, and The Curious Case of Benjamin Button. Since 2017, Digital Domain has consistently contributed to the visual spectacle of China’s Spring Festival film season, including blockbusters like Wolf Warrior 2 and The Eight Hundred, which topped the annual box office charts.

In the consumer sector, AI is gradually expanding across upstream, midstream, and downstream parts of the industry. This evolution has significantly shifted sensory experiences towards experimental and immersive formats. Digital Domain has integrated its core business closely with AI, making it one of the most effective methods for content production.

Digital Domain has recently launched the AI-powered image creation tool “HANBAO.” Using related tools, this solution helps creators produce short videos and has already been used in commercial ads for Alibaba Cloud and MediaTek. The release of AI DOMAIN marks another strategic step by Digital Domain, aimed at enhancing its products and services by creating a comprehensive incubation ecosystem that encompasses everything from idea generation and technology development to content creation. This strategy uses a creative approach that balances efficiency and quality to meet the increasing consumer demand for high-quality sensory experiences.

Mr. William WONG, CEO of Digital Domain, stated: “Amidst the tide of AI, Digital Domain is committed to integrating relevant tools into its core businesses such as virtual humans, visual effects, and visualisation, leveraging products and services to build a highly competitive ‘moat.’ In the face of ever-evolving creative dimensions, Digital Domain has chosen Hong Kong as its hub while bolstering the ‘Shanghai Solution.’ Our colleagues stationed here will actively deploy local operations in HANBAO and AI DOMAIN, driving the integration and mutual success of the industry’s upstream, midstream, and downstream sectors.”

During WAIC 2025, Digital Domain and WISE AI reached a collaborative agreement. The latter is committed to introducing solutions such as intelligent agents and was founded by Mr. David LIM, who is a member of the National Blockchain and Artificial Intelligence Committee appointed by Malaysia’s Ministry of Science, Technology, and Innovation. He also serves as the Chairman of the Organizing Committee for the 2025 ASEAN AI Business Summit. Both parties plan to further explore the empowering role of HANBAO and AI DOMAIN in consumer-level sensory experiences.

Enhance the collaboration mechanism between industry, academia, and research to accelerate the cultivation of interdisciplinary professionals

Multiple reports indicate that the robust momentum demonstrated by AI has led to a year-on-year increase in China’s domestic demand for multidisciplinary talents since 2019. By the first half of 2025, this gap has surged by 37% over the past six months, exceeding a total of 5 million individuals.

Since launching its operations in Beijing, Shanghai, and other locations in 2016, Digital Domain has dedicated itself to creating opportunities for local creative talents and tech elites in China to realize their potential. Guided by this vision, Digital Domain has partnered with the University of Hong Kong, City University of Hong Kong, Hong Kong Design Institute, Anhui Institute of Information Technology, and the University of International Business and Economics to implement a series of industry-academia-research initiatives, paving a “fast track” for nurturing versatile professionals.

On July 26, the “AI Innovation and Education Forum,” hosted by the Hong Kong University of Science and Technology and organized by its Shanghai Industry-Education Integration Center, was grandly held at WAIC 2025. Dr. Ta-Chien SUN, Executive Director of Digital Domain, and Ms. Hongjie LIU, General Manager of Digital Domain China, attended the event. During the forum, Digital Domain joined forces with the Hong Kong University of Science and Technology Shanghai Center, Shanghai Film Co., Ltd., and MetaX Integrated Circuits (Shanghai) Co., Ltd. to establish the “Digital Visual Innovation Alliance.” Ms. Hongjie LIU, along with Mr. Yue YU, Special Assistant to the Chief Vice President of the Hong Kong University of Science and Technology and Industry Head of its Shanghai Center; Mr. Yun DAI, Director and General Manager of Shanghai Film Co., Ltd.; and Mr. Guoliang SUN, Chief Product Officer and Senior Vice President of MetaX Integrated Circuits (Shanghai) Co., Ltd., jointly unveiled alliance.

By integrating diverse strengths, the alliance aims to pioneer intelligent and scalable content production channels while providing systematic support for cultivating versatile professionals. Its key focus areas are closely tied to AI, encompassing not only the innovation of short video production processes but also the promotion of mass production of short dramas and the unleashing of the commercial potential of digital characters.

“Especially in the realm of pan-entertainment, consumer-grade sensory experiences are transitioning from extensive expansion to meticulous refinement, making the creation of ‘premium content’ a consensus among creators,” emphasized Dr. Ta-Chien SUN. “Digital Domain will strengthen the integration of virtual humans, visual effects, visualisation with AI, providing creators with optimized pathways for content production. Additionally, leveraging an upgraded industry-academia-research collaboration mechanism will enhance the intelligence, efficiency, and effectiveness of the creative process.”

About Digital Domain

Digital Domain is a pioneer in creating transportive experiences. After more than three decades of evolution, the company has transitioned from its Hollywood origins to achieve global expansion in areas such as Visual Effects (VFX), AI Virtual Humans, and Visualization technologies. Digital Domain boasts a rich legacy, having contributed to hundreds of films and television series, thousands of commercials, game graphics, and experimental immersive experiences. Some of its most notable accomplishments include winning Academy Awards for “Best Visual Effects” for films like TitanicWhat Dreams May Come, and The Curious Case of Benjamin Button, as well as contributing to blockbuster classics such as The Avengers series and the fourth season of the popular series Stranger Things.

Digital Domain has charted a pioneering course into the realms of AI and virtual reality since 2016, revolutionizing the creation of emotionally expressive and photorealistic virtual humans in real-time. The company’s AI Virtual Human technology is widely applicable across diverse sectors, including healthcare, elderly services, training and education, concierge services, BFSI, the public sector, entertainment, etc. It enhances service efficiency, user experience, and business value.

Since establishing the R&D Center at Hong Kong Science Park in Q4 2024, Digital Domain has been actively collaborating with industry partners, universities, and research institutions to explore opportunities in AI development and digital transformation.

Digital Domain is listed on the Hong Kong Stock Exchange (Stock code: 547) and is headquartered in Hong Kong. The company operates in multiple cities, including Los Angeles, Vancouver, Montreal, Beijing, Shanghai, and Hyderabad, among others.

For more information, visit the official website – www.digitaldomain.com.

Barry Callebaut Inaugurates Third Chocolate Factory in Neemrana, India

  • The greenfield facility features advanced production lines for chocolate and compound in multiple formats, and integrated warehousing.
  • With this new facility, India has become the Group’s largest chocolate producing market in Region Asia Pacific, Middle East and Africa (AMEA).

NEEMRANA, India, July 30, 2025 /PRNewswire/ — Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, today inaugurated its third chocolate manufacturing facility in India. Strategically located in the Ghiloth industrial area of Neemrana, approximately 120 kilometers from Delhi, the 20,000-square-meter greenfield factory is equipped with advanced production lines for chocolate and compound in multiple formats, and integrated warehousing.

Barry Callebaut officially inaugurates its third chocolate factory in India, located in Neemrana
Barry Callebaut officially inaugurates its third chocolate factory in India, located in Neemrana

 

With the opening of the new chocolate factory in Neemrana, India has become Barry Callebaut’s largest chocolate-producing country in the Asia Pacific, Middle East and Africa (AMEA) region
With the opening of the new chocolate factory in Neemrana, India has become Barry Callebaut’s largest chocolate-producing country in the Asia Pacific, Middle East and Africa (AMEA) region

The new factory marks a major milestone in Barry Callebaut’s long-term growth journey in India. Over the past five years, the company has invested over INR 500 Crores (CHF 50 million) in India, underlining its confidence in the country’s chocolate market and its commitment to strengthening local manufacturing and customer proximity. With the opening of this facility, India is now Barry Callebaut’s largest chocolate-producing market in the Asia Pacific, Middle East, and Africa (AMEA) region.

India is the fastest-growing major economy in the world. As a global leader in chocolate and cocoa, Barry Callebaut is proud to play a role in supporting this growth. With our newest facility in India, we are reinforcing our leadership position and deepening our commitment to being the trusted partner to India’s food industry, and to customers across the wider AMEA region,” said Vamsi Mohan Thati, President of AMEA, Barry Callebaut.

India’s chocolate market is evolving rapidly, driven by a young population, rising incomes, and a growing taste for premium and innovative products,” said Dhruva Jyoti Sanyal, Managing Director, India & Southwest Asia.

“This new factory enables us to meet that demand locally, foster innovation, and deepen our partnerships with local food manufacturers and artisans. Just as importantly, its location in Neemrana allows us to get significantly closer to our customers, particularly those based in the north-central part of this vast country, improving speed to market and customer intimacy.”

India is among the fastest-growing chocolate markets in the world, it is showing strong growth and expected to reach mid high growth. With a per capita chocolate consumption of under 200 grams annually, the country is experiencing a marked shift toward premium, high-quality chocolate products, opening new avenues for growth and innovation.

Barry Callebaut has been present in India for over 18 years, with two existing manufacturing facilities in Baramati, and a Callebaut CHOCOLATE ACADEMY™ Center in Mumbai. These facilities have been instrumental in producing high-quality chocolate and compound products for both domestic and international markets. Building on this strong foundation, the new Neemrana factory will serve as Barry Callebaut’s third chocolate factory and a northern hub in India, complementing its existing operations and enhancing its ability to serve its markets more efficiently.

The Mumbai academy continues to serve as a hub for innovation and training, supporting chefs, artisans, and food professionals across the country.

Most recently, Barry Callebaut also officially opens its Global Business Services Hub in Hyderabad to support its global business operations. Today, Barry Callebaut employs more than 400 people in India, serving customers through a growing footprint of manufacturing, innovation, and support capabilities. 

About Barry Callebaut Group (www.barry-callebaut.com):

With annual sales of about CHF 10.4 billion in fiscal year 2023/24, the Zurich-based Barry Callebaut Group is the world’s leading manufacturer of chocolate and cocoa products – from sourcing and processing cocoa beans to producing the finest chocolates, including chocolate fillings, decorations and compounds. The Group runs more than 60 production facilities worldwide and employs a diverse and dedicated global workforce of more than 13,000 people. The Barry Callebaut Group serves the entire food industry, from industrial food manufacturers to artisanal and professional users of chocolate, such as chocolatiers, pastry chefs, bakers, hotels, restaurants or caterers. The global brands catering to the specific needs of these Gourmet customers are Callebaut® and Cacao Barry®, Carma® and the decorations specialist Mona Lisa®. The Barry Callebaut Group is committed to make sustainable chocolate the norm to help ensure future supplies of cocoa and improve farmer livelihoods. It supports the Cocoa Horizons Foundation in its goal to shape a sustainable cocoa and chocolate future.

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