MUNICH, GERMANY AND OTTAWA, CANADA – Media OutReach – 3 March 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) and GaN Systems Inc. (“GaN Systems”) announced that the companies have signed a definitive agreement under which Infineon will acquire GaN Systems for US$830 million. GaN Systems is a global technology leader in the development of GaN-based solutions for power conversion. The company is headquartered in Ottawa, Canada, and has more than 200 employees.

“GaN technology is paving the way for more energy-efficient and CO₂-saving solutions that support decarbonization. Adoption in applications like mobile charging, data center power supplies, residential solar inverters, and onboard chargers for electric vehicles is at the tipping point, leading to a dynamic market growth,” said Jochen Hanebeck, CEO of Infineon. “The planned acquisition of GaN Systems will significantly accelerate our GaN roadmap, based on unmatched R&D resources, application understanding and customer project pipeline. Following our strategy, the combination will further strengthen Infineon’s leadership in Power Systems through mastery of all relevant power technologies, be it on silicon, silicon carbide or gallium nitride.”

Jim Witham, CEO of GaN Systems, said: “The GaN Systems team is excited about teaming up with Infineon to create highly differentiating customer offerings, based on bringing together complementary strengths. With our joint expertise in providing superior solutions, we will optimally leverage the potential of GaN. Combining GaN Systems’ foundry corridors with Infineon’s in-house manufacturing capacity enables maximum growth capability to serve the accelerating adoption of GaN in a wide range of our target markets. I am very proud of what GaN Systems has accomplished so far and cannot wait to help write the next chapter together with Infineon. As an integrated device manufacturer with a broad technology capability, Infineon enables us to unleash our full potential.”

As a wide bandgap material, GaN offers customer value by higher power density, higher efficiency, and size reductions, especially at higher switching frequencies. These properties enable energy savings and smaller form factors, making GaN suited for a wide range of applications. By 2027, market analysts expect the GaN revenue for power applications to grow by 56% CAGR to approx. US$2 billion (source: Yole, Compound Semiconductor Market Monitor-Module I Q4 2022). As such, GaN is becoming a key material for power semiconductors, alongside silicon and silicon-carbide, and coupled with new topologies, such as Hybrid Flyback and multi-level implementations. In February 2022, Infineon announced doubling down on wide bandgap by investing more than €2 billion in a new frontend fab in Kulim, Malaysia, strengthening its market position. The first wafers will leave the fab in the second half of 2024, adding to Infineon’s existing wide bandgap manufacturing capacities in Villach, Austria.

The planned acquisition of GaN Systems in an all-cash transaction will be funded from existing liquidity. The transaction is subject to customary closing conditions, including regulatory approvals.

Hashtag: #Infineon #GaN #semiconductor #acquisition

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

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

This press release is available online at www.infineon.com/press
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About GaN Systems

GaN Systems is a global leader in GaN power semiconductors with a broad portfolio of transistors which address the needs of today’s most demanding industries including consumer electronics, data center servers and power supplies, renewable energy systems, industrial motors, and automotive electronics.

This press release is available online at www.gansystems.com/press-releases Follow us: Twitter – Facebook – LinkedIn

HONG KONG SAR – Media OutReach – 3 March 2023 – Celebrating its 33rd anniversary on 3rd March 2023, Hantec Group has developed from a financial institution to an established multinational enterprise guided by its customer-oriented and innovation-driven philosophy along the way.

Founded in Hong Kong in March 1990, Hantec Group has been pursuing long-term growth with prudence and integrity. In its early days, under the leadership of founder Mr. Tang Yu-Lap, the Group started as an investment company with all SFC financial service licenses, and would later become a listed financial conglomerate. Since 2008, the Group has been actively extending its reach from the Greater China region to the U.K., Japan, Australia, New Zealand, South America, the Middle East, Africa and more. In recent years, the Group has expanded its Southeast Asian business under the “Hantec Financial” brand, striding towards its goal of becoming a leading international financial enterprise with diversified businesses.

Having conquered numerous challenges and obstacles over the past 33 years, the Group has transformed from a financial group to a conglomerate active in the financial, information technology and Culture & Arts and Life sectors. At present, the Group manages over 40 companies across 19 cities that serve 60 countries and regions.

Despite the global political and economic turmoil and the impact of the pandemic in recent years, the Group has embraced the difficult times with confidence. Building upon its strengths in digital technologies and diversified business portfolio, the Group has been able to develop a unique and world-leading Digital Economic industry that helps it open up new development opportunities.

Committed to offering the best financial services since its establishment 33 years ago, the Group will continue to drive its growth and capture business opportunities with innovation, global vision and cutting-edge digital technologies.

About Hantec Group: https://www.hantecgroup.com

Hashtag: #Hantec

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

Online & Offline Exhibition for Public Viewing in Parallel

HONG KONG SAR – Media OutReach – 3 March 2023 – Organized by National Geographic magazine and presented by Wheelock Properties, the Hong Kong Photo Contest 2022 closed for submissions on December 5, 2022. Despite being limited to photographs taken within Hong Kong, the Contest was highly competitive, with many photography enthusiasts from mainland China, Taiwan, Macau, Malaysia, Japan, Australia, the United Kingdom, the United States, Mexico, Hungary, the Netherlands, and the United Arab Emirates competing alongside local Hong Kong photographers.

The Contest was divided into six categories: City, Wildlife, Landscape, People, Mobile, and Short Video, with a total of 8,580 entries. The judging panel consisted of National Geographic Chinese explorer, renowned wildlife photographer Xi Zhinong, Hong Kong filmmaker Cheung King-wai, and Lee Yungshih, the Editor-in-Chief of the Chinese version of National Geographic magazine.

Wildlife photographer Xi Zhinong said: “It is an honor to participate in the judging of the Hong Kong Photo Contest 2022. The Contest inspires photographers and Hong Kong citizens to constantly discover the changes in Hong Kong. The works in the six categories allow us to approach Hong Kong more comprehensively, while also showing the relationship between the city and nature. The most precious thing about Hong Kong is the wilderness that is so close to the high-rise buildings. The wildlife photography works in this Contest are not exciting enough. I hope that with the continuous holding of the Contest, more and better wildlife images can emerge.”

Another judge, director Cheung King-wai, said: “The works are all beautiful, stunning, and dazzling. The judging process is like choosing a wife from a crowd of beautiful women. Since the beauty is there, we focus on the ‘uniqueness,’ exclude the monotony, and then look at the ‘thoughtfulness,’ to see if the works can stimulate the viewers’ imagination. We also spent a lot of time checking whether the photos were ‘over-processed,’ becoming too ‘artificial’ and ‘fake.’ It was exhausting and demonstrated the problems caused by technology. Both in aesthetics and as people, it is best to be as natural and sincere as possible. ”

Lee Yungshih, the editor-in-chief, believed that “the Hong Kong Photo Contest 2022 once again attracted many wonderful works, which is gratifying. In particular, many photos captured the special journey that Hong Kong has experienced over the past two years, leaving behind a certain historical significance. This is the second time for Short Video as a category of the Contest, we gradually saw more videos with ‘storytelling’ attempts, rather than just a collection of fragments. We look forward to seeing more creative and innovative works in photography and video in the future.”

“We are deeply honoured to have co-organised the Hong Kong Photo Contest with National Geographic for the sixth consecutive year. It is also our pleasure to have received over 8,500 entries. Each of them revealed the mesmerising beauty of the metropolis, and the entries in the Short Video category even told extraordinary stories of our city. Now that the pandemic is behind us, life in Hong Kong returns to normal. We hope every photo enthusiast will continue to support the Hong Kong Photo Contest by showing the unique charisma of Hong Kong to the world.”, says Ricky Wong, Vice Chairman & Managing Director of Wheelock Properties Limited and Wheelock Properties (Hong Kong) Limited.

The winning entries of “Organized by National Geographic Magazine Chinese Edition, Presented by Wheelock: Hong Kong Photo Contest 2022” will be exhibited in physical exhibition and online virtual exhibition in parallel, allowing the global public to visit for free.

1. Physical Exhibition︰
   Address:「WLAB」- 1/F, Block A-D, Tung Kin Factory Building, 196 Tsat Tsz Mui Road, North Point
   Date: 3 – 31 March 2023, 2pm – 5pm (Closed on Sat, Sun & public holidays)
2. Online Virtual Exhibition： https://hkphotocontest.com/

The Awardees include:

City Category

Award	Awardee	Title
Winner	Siu Wai Fung	The Unique New Architecture in Hong Kong
1st Runner-Up	Wong Chi Kai	Lighthouse at Night
2nd Runner-Up	Ho Lap Yan Stephenie	Fusion
Merit	Kwok Yung Choi	Rain Curtain
Merit	William Anthony Marconi	Enter into the Wonderland
Merit	Chan Wei Tsun Ricky	New Chapter

Wildlife Category

Award	Awardee	Title
Winner	Ho Tsz Hin	Veil Dancer
1st Runner-Up	Cheung Hin Kit	A Soulful Gaze
2nd Runner-Up	Chow Ka Leung Victor	My Heart For You!
Merit	Chow Wo Ming	The Moment of Embrace
Merit	Chong Ho Yin	Spitting Pearl
Merit	Tay Wai Mun Sybil	Skimming the Water Surface

Landscape Category

Award	Awardee	Title
Winner	So Long Yin	A Corner at the Mountain
1st Runner-Up	Chan Hin Kau	Blue Tears
2nd Runner-Up	Chan Hiu Yee	The Restlessness at Dusk
Merit	Cheung Sung Lok	An Encounter at the Lion Rock
Merit	Tang Kit Yi Jeanny	The Hidden Corner
Merit	Lee Chung Ming	Small Town, Big Mountain.

People Category

Award	Awardee	Title
Winner	Tan Jose Emmanuel	Opening Up
1st Runner-Up	Kwok Tsz Fai	When Life Gets Hard, Persevering!
2nd Runner-Up	Choi Wai Ha	The Hurried Passerby
Merit	Suen Chi Keung	The Unsung Heros
Merit	Ho Hon Ming	The Persistence Under the Pandemic
Merit	Chan Ka Wah	Partnership

Mobile Photography Category

Award	Awardee	Title
Winner	Lam Ho Wang Owen	Limited-time Façade
1st Runner-Up	Wong Ho Kuen Hudson	A Corner at the Star Ferry
2nd Runner-Up	Lee Chee Mui	Handmade Dried Fish
Merit	Wong Lai Man	The Art of Construction
Merit	Ho Wai Hung	Heads Up
Merit	Ho Wai Keung	The Angel’s Kiss

Short Video Category

Award	Awardee	Title
Winner	Yeung Nga Ting	The Gift and Beauty of Quarantine
1st Runner-Up	Ip Alan Chin Chung	Vegetable Stall Daily
2nd Runner-Up	Cheung Chi Chung	Chronicle of Time
Merit	Ng Wai Chuen	Beat of Tai Tam
Merit	Hu Jiaming, Kaming	Hong Kong Under the Horizon
Merit	Tang Wai Hang	Scavenging Life among Shreds

For more information about “Hong Kong Photo Contest 2022”, please visit https://www.hkphotocontest.com

Hashtag: #WheelockProperties #NationalGeographic

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

HONG KONG SAR – Media OutReach – 3 March 2023 – Kaspersky has acquired 49% of Ximi Pro, a subsidiary of Ximi Lab that develops Tron, a comprehensive solution for the protection of container infrastructures. This acquisition will allow the company to develop an offering that would provide full-fledged protection within Cloud Workload Protection concept. It would also extend its upcoming XDR solution with the ability to detect and respond to threats in container’s infrastructure.

The global market for commercial container software is growing rapidly. According to Gartner forecasts, 70% of international companies will be running more than two containerized applications in production by 2023, up from less than 20% in 2019. The reason for such growth is explained by the opportunity to optimize corporate IT infrastructures and development processes by this virtualization technology. However, in some cases container infrastructure could be an initial vector of targeted attacks because of its incorrect configuration. To address such risks Kaspersky is expanding its portfolio with a container security solution.

This acquisition will allow Kaspersky to cover container infrastructure, application and the services based on it with Extended Detection and Response (XDR) scenarios. They will also be able to obtain additional telemetry from containers and their environments, providing adequate response actions, and ensuring more comprehensive security for organizations’ assets. Moreover, providing full visibility into container infrastructure, the new product will help companies identify suspicious behavior and defend against threat actors who use containers misconfiguration in their attacks.

Andrey Efremov, Chief Business Development Officer at Kaspersky, says: “One of the key goals of our strategy is to develop an ecosystem that would cover all security needs of our enterprise customers. We see a growing demand for container security today in all types of industries, not only in software development and IT but also in manufacturing, finance, retail etc. as more and more companies use container infrastructure on a daily basis. I’m very excited we are adding this important capability to our growing portfolio”.

Artem Tovbin, General Director of Ximi Lab, comments: “Our team has strived to improve the world around us and enhance its own expertise in information security, development culture and management. Cooperating with Kaspersky gives us an opportunity to work with one of the best international information security companies which allows us to create a world-class product. In today’s IT world any product is doomed to be secondary without an ecosystem, enterprise-level sales and a strong brand. Partnership with Kaspersky provides us with these advantages. We hope that our cooperation will supply the market with reliable information security tools and helps numerous businesses to focus on their core services and products”.

Chris Connell, APAC Managing Director for Kaspersky added, “Business focus on digital transformation is triggering rapid cloud adoption. This acquisition will help Kaspersky promote container infrastructure, applications, and services based on our Extended Detection and Response (XDR) scenarios. Any workload, whether physical, virtualized, or housed in a private, public, or hybrid cloud, is protected by Kaspersky Hybrid Cloud Security. We aspire to ensure everything operates efficiently and safely, irrespective of how the clients’ infrastructure is configured. We envision transforming our leading security intelligence into absolute protection for our clients through this acquisition, empowering our clients to use technology in their life and business safely and confidently. Security is made more accessible by having our data-driven product for your cloud security requirements and a single console to manage your hybrid infrastructure, enabling business leaders to focus on other aspects of their digital transformation journey.”

Kaspersky has already developed technologies providing protection within Cloud Workload Protection. In particular, the company offers Kaspersky Hybrid Cloud Security, a cloud-native solution for hybrid environments. More information about this product is available on the website.

Hashtag: #Lapcom #Kaspersky #Cybersecurity #EDR #XDR #ContainerSecurity #DevSecOps

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

About Lapcom Limited

Lapcom Limited is a value-added distributor specialized in information security. Over 20 years Lapcom professional team works closely with channel partners to deliver security consultations and supports to individuals and organizations. Frist-hand experience gained from field keep the company abreast of the market and be able to brings together best-in-class solutions and service that protect customers from IT threats and allow enterprises to better manage risks in the ever-changing network environment. Visit www.lapcom.com.hk for more information.

About Kaspersky

Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 240,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.