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Triller to Celebrate Bell Ringing Ceremony at NASDAQ

LOS ANGELES, Feb. 12, 2025 /PRNewswire/ — Triller is thrilled to announce its participation in a bell ringing ceremony at NASDAQ on February 18, 2025, at 9:30AM ET. This significant event marks a pivotal moment in Triller’s journey as the Company celebrate its commitment to innovation in the creator economy and its recent milestone in becoming a publicly listed company.

The Triller team, investors, and shareholders will all come together for this momentous occasion, showcasing their unified vision for the future. As Triller prepares for the app launch, the Company is excited about the transformative potential of its platform at the intersection of technology and social media.

The ceremony will take place at the NASDAQ MarketSite in Times Square, New York City, where Triller Group’s leadership team will participate in ringing the opening bell.

The bell ringing ceremony confirms Triller Group’s commitment to engaging with its investors. On the heels of its recent successful $50 million private placement, 2025 is poised to become a transformational year for the Company. Triller’s firm aim is to become a premier social media hub and the source of authentic and unique content. On its path to long-term growth and success, the Company is attracting top talent to help it realize its mission.

For more information on upcoming events and the latest news on Triller’s website.

About Triller Group Inc. 

Triller Group Inc. is a dynamic entertainment and technology powerhouse with a diverse portfolio of businesses.

Triller App is the most creator focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry.

Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.triller.corp.com and www.agba.com.

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE + ANNOUNCEMENT OF NYSE TEXAS

NEW YORK, Feb. 12, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 12ᵗʰ

Kristen Scholer delivers the pre-market update on February 12th

  • Markets and investors react to US CPI data
  • The New York Stock Exchange announces plans to launch NYSE Texas
  • NYSE Texas will provide companies with listing and trading venue in Dallas

Watch NYSE TV Live every weekday 9:00-10:00am ET 

Video – https://mma.prnasia.com/media2/2618708/NYSE_Feb_12_2025_Market_Update.mp4 

The Port of Tyne, Gorilla Technology, and British Telecom Forge a Game-Changing Alliance to Elevate Safety with AI Video Analytics


London, United Kingdom – Newsfile Corp. – February 12, 2025 – Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla”), British Telecom (BT), and the Port of Tyne are taking their partnership to the next level, expanding their cutting-edge AI video analytics deployment across the port. Having already transformed container tracking and damage classification, the focus now shifts to revolutionising safety in high-risk environments—reinforcing the port’s unwavering commitment to protecting its workforce while unlocking operational efficiencies.

Enhancing Safety at the Port of Tyne

The collaboration will leverage Gorilla’s advanced AI-powered video analytics platform to monitor selected hazardous areas within the port. By integrating real-time surveillance and intelligent behavior analytics, the system will detect potential safety risks, such as breaches in personal protective equipment (PPE) compliance or unsafe worker behavior near dangerous machinery and vehicles. These proactive measures aim to reduce workplace incidents and foster a safer environment for all personnel.

The deployment will also provide actionable insights into operational workflows, enabling the Port of Tyne to optimize processes and improve overall efficiency. Gorilla’s AI technology will seamlessly integrate into BT’s robust 5G private network infrastructure, ensuring reliable, high-speed data transmission for real-time monitoring and decision-making.

Driving Operational Efficiency Through Innovation

As one of the UK’s most innovative ports, the Port of Tyne is committed to adopting smart technologies that enhance safety and sustainability. This partnership aligns with its vision of becoming a leading smart port by leveraging AI-driven solutions to automate routine tasks, improve resource allocation, and generate valuable business intelligence.

Will Addison – VP Innovation, EMEA of Gorilla Technology Group, commented: “We are proud to partner again with BT and the Port of Tyne on this transformative project that underscores our commitment to revolutionizing safety in industrial environments. By deploying our bleeding-edge AI video analytics solutions, we aim to set a new standard for safety and operational excellence in ports worldwide.”

Tamsin Warren, Head of Technology and Transformation at Port of Tyne remarked: “This collaboration demonstrates how advanced connectivity and AI can transform traditional industries like maritime logistics. Together with Gorilla Technology and the Port of Tyne, we are creating a smarter, safer future for port operations.”

About Gorilla Technology Group Inc.
Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: Gorilla-Technology.com.

About Port of Tyne
The Port of Tyne is one of the UK’s major deep-sea ports – delivering bespoke solutions for the green energy sector, supporting world leaders in the automotive transition, handling specialised bulk and containerised products, alongside delivery logistics, and assisting growing passenger numbers via the regionally important International Passenger Terminal.

Overall, the Port of Tyne adds £720 million to the North East economy, supporting 11,000 jobs directly and indirectly and, as one of the UK’s largest trust ports, is entirely self-financing and runs on a commercial basis, reinvesting all its profits back into facilities along the River Tyne for the benefit of the North East and all its stakeholders.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about our ability to execute definitive agreements related to this smart education project, attract the attention of customers and win additional projects, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

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

Survival of the Fittest: Uneven Growth and Vendor Challenges Ahead as 2024’s IoT Cellular Module Market Remained Flat

NEW YORK, Feb. 12, 2025 /PRNewswire/ — Recent reports from global technology intelligence firm ABI Research find that 2024 has proven to be a challenging year for many cellular IoT module vendors. While initial sales have been completed, the full impact won’t be fully understood until April 2025 when annual reports are finalized. It’s possible that the pessimistic outlook for 2024 could worsen further. The market has already witnessed strategic divestitures of resource-intensive product lines and the consolidation of major players due to increased competition and pricing pressures.

“Additionally, a critical time-sensitive issue has emerged,” says Jamie Moss, Research Director, IoT Hardware at ABI Research. Moss explains, “The market is struggling in the wake of the overbuying that occurred by device OEMs in 2021 and 2022, after Covid and in the face of the chipset shortage, as manufacturers sought to secure supply chains. Any lack of a vital component would have meant an inability to produce, and an inevitable loss of sales to competitors. At the time of fulfilling pipelines and ensuring predictable turnover, if not profit margin, was more critical than ever. Throughout 2024 it was anticipated that OEM module inventory would soon be used up, but the delay in return to normal sales for vendors persisted quarter to quarter; and seems likely to carry on into 2025. Some vendors were down by as much as 50% on their cellular module line of business in 2024 versus 2023.”

The current expectation is that in 2024, 426 million units of cellular IoT modules were shipped worldwide, generating US$5.6 billion in revenue, in effect an identical market value to 2023. The one big winner in 2024 was the market leader of the previous five years, Quectel, which managed to match its full year 2023 turnover already by the end of the third quarter 2024. According to Moss, “Quectel has other lines of business, and although the bulk of its income does come from cellular modules, unlike most of its direct competitors, it also supplies the automotive and mobile broadband markets. Quectel’s market strategy is based on growing shipment and market share, it is not focused on profit margin, which has historically stood at an average of 3%.”

New vendors have emerged and made an impression in recent years, proving there are still new business opportunities, but their impact on the value of the cellular IoT module market has been minor. For example, Chinese vendor Unionman has been shipping tens of millions of units annually, but so far just for Cat-1/bis and NB-IoT, at a very low unit price, for a consummately low turnover in the tens of millions of dollars, and only in China. Moss concludes, “The practical result of the current climate is that stalwart u-blox has decided to halt its cellular operations altogether to refocus on its other business units. But it is important to note that the IoT market is not failing, it’s the cellular module business specifically that is rebalancing, in an eventual return to normal, organic growth. However, with increasingly tight margins, not all vendors may be able to wait.”

These findings are from ABI Research’s M2M Embedded Cellular Modules and M2M Cellular Module Vendor Market Share reports. These reports are part of the company’s IoT Hardware research service, which includes research, data, and analyst insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info

Global             
Deborah Petrara           
Tel: +1.516.624.2558         
pr@abiresearch.com   

 

TOYO Co., Ltd to Showcase Solar Solutions at Key Energy Industry Events

TOKYO, Feb. 12, 2025 /PRNewswire/ — TOYO Co., Ltd (Nasdaq: TOYO) (“TOYO” or the “Company”), a solar solution company, today announced its participation in upcoming key energy industry events in February and March 2025.

Smart Energy Week

When: February 19-21, 2025

Where: Tokyo Big Sight, Japan, Booth S31-40

Smart Energy Week is a dynamic platform where energy leaders convene to network, share expertise, and accelerate advancements in the energy industry. Held multiple times throughout the year in Japan, the exhibitions spotlight a broad range of energy technologies, including solar power, rechargeable batteries, fuel cells, smart grids, wind power, and thermal power generation.

InterSolar San Diego

When: February 25-27, 2025

Where: San Diego Convention Center, Booth #1251 

TOYO will participate in this event alongside its group company.

Intersolar & Energy Storage North America (IESNA) is the premier US-based conference and trade show focused on solar, energy storage, EV charging infrastructure, and manufacturing.

European Energy Supply Chain Summit

Panel discussion: Europe’s Infrastructure Potential: Balancing Ambition and Reality, panel with Simon Shi, President of TOYO, Michael Class, Head of Generation Portfolio Development, EnBW, Jose Luis Blanco, CEO of Nordex, Fabrizio Fabbri, CEO & GM of Ansaldo, moderated by Susanne Lauda, President of INP

When: March 12, 2025, 12:40pm to 13:20pm

Where: Estrel Hotel Berlin

The European Energy Supply Chain Summit  brings together policymakers, industry leaders, and supply chain stakeholders to address critical challenges and opportunities in the energy transition. The summit focuses on fact-based, solution-oriented discussions around topics such as investment security, resource scarcity, innovation, and social acceptance.

“Our presence at these key industry events emphasizes our commitment to delivering high-quality, affordable, and sustainable solar solutions to our customers,” said Junsei Ryu, CEO and Chairman of TOYO. “Our participation in the European Energy Supply Chain Summit underscores our dedication to fostering collaboration, building a more resilient energy future for Europe, and driving the development of sustainable and ethical supply chain practices within the energy sector.”

The TOYO team will be available for discussions on tailored solar solutions, potential collaborations, and insights into the future of solar technology. To schedule a meeting with our team, please get in touch with marketing@toyo-solar.com

About TOYO

TOYO is a solar solution company and is committed to becoming a reliable full-service solar solutions provider in the global market, integrating the upstream production of wafers and silicon, midstream production of solar cells, downstream production of photovoltaic modules, and potentially other stages of the solar power supply chain. TOYO is well-positioned to produce high-quality solar cells at a competitive scale and cost. For more information, please visit https://www.toyo-solar.com/

Contact Information:

For TOYO Co., Ltd.
IR@toyo-solar.com

Investor & Media Relations
Crocker Coulson, CEO, AUM Media
Email: crocker.coulson@aummedia.org
Tel: (646) 652-7185

U.S. MANUFACTURING PICKED UP IN JANUARY DRIVEN BY GROWING DEMAND: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

  • The world’s supply chains are operating at full capacity, with the notable exception of Europe, which remains in a protracted industrial recession.
  • Asia’s manufacturing growth was reported by major exporters, led by South Korea, China, and India.
  • Despite the possibility of tariffs and significant uncertainty surrounding their implementation, global manufacturers are not stockpiling inventories.

CLARK, N.J., Feb. 12, 2025 /PRNewswire/ — The GEP Global Supply Chain Volatility Index — a leading indicator tracking demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses — posted -0.21 at the start of the year. This indicates that global supply chains are effectively at full capacity, signaled when the index hits 0.

GEP Global Supply Chain Volatility Index
GEP Global Supply Chain Volatility Index

“January’s rise in manufacturers’ procurement across APAC and the U.S. signals steady growth ahead in Q1,” said John Piatek, GEP’s vice president of consulting. “Globally, companies are largely taking a wait-and-see approach to tariffs rather than absorbing the immediate cost of increasing buffer inventories. However, many Western firms are accelerating China-plus-one investments to diversify and near-shore manufacturing, assembly, and distribution. European manufacturers are especially vulnerable, as the sector has been contracting for nearly two years with no turnaround in sight. In the U.S., where manufacturing represents just 12% of GDP, the bigger concern for business is the potential revenue losses in China because of trade tensions.”

A key finding in January was the marked increase in procurement activity across North America. This increase was entirely driven by U.S. manufacturers, as purchasing managers at Mexican and Canadian factories sanctioned procurement cutbacks, indicating a darkened near-term outlook there.

In Asia, many major producers in the region bolstered their demand for inputs to meet growing production needs, led by China and India. South Korea, in particular, reported a marked pickup in January.

By contrast, Europe’s industrial economy continues to struggle, with our data indicating still-significant levels of spare capacity across the continent’s supply chains. Factories in Germany, France, Italy, and the U.K. held back on material purchases in January, implying that Europe’s manufacturing recession is set to persist a while longer.

The Global Supply Chain Volatility Index data was captured just prior to the U.S. administration’s announcement of tariffs on China, as well as the initial announcement (and subsequent pause) of tariffs on Mexico and Canada.

Interpreting the data:
Index > 0, supply chain capacity is being stretched. The further above 0, the more stretched supply chains are.
Index < 0, supply chain capacity is being underutilized. The further below 0, the more underutilized supply chains are.

JANUARY 2025 KEY FINDINGS

  • DEMAND: After some pullback in the second half of 2024, global manufacturers’ purchasing of raw materials is slowly recovering. In fact, global factory procurement in Asia is in line with its average, while in North America (driven by the U.S.), input purchasing is trending upward. This contrasts with the situation in Europe, which remains depressed as the region’s industrial sector struggles to break out from its prolonged downturn.
  • INVENTORIES: Global manufacturers’ desire to safety stockpile remains contained. Reports from factories surveyed showing an increase in inventory levels due to concerns about price or supply were low in January.
  • MATERIAL SHORTAGES: Reports of shortages for the globe’s most critical items, such as commodities, electronic components, chemicals and food products, were at their lowest in five years during January. This suggests that suppliers remain well stocked, indicating there are minimal frictions for companies obtaining necessary materials.
  • LABOR SHORTAGES: Global factory employment levels have been shrinking for several months1 and it appears that the growing labor shortage is now preventing global suppliers from completing orders as quickly. There was a rise in reports of factory backlogs rising due to inadequate labor supply in January.
  • TRANSPORTATION: Global transportation costs are increasing. In January, they rose to their highest level in six months.

REGIONAL SUPPLY CHAIN VOLATILITY

  • NORTH AMERICA: Index up to -0.22, from -0.53, a six-month high, suggesting a pick-up in procurement across the region at the start of the year.
  • EUROPE: Index down to -0.61, from -0.49, suggesting that activity levels across Europe’s supply chains remain weak.
  • U.K.: Index fell to -0.63, from -0.41 in December, a 13-month low and signaling a weaker outlook for 2025 for U.K. manufacturing.
  • ASIA: Index rises to 0.03, from -0.09, indicating that suppliers to the region are generally operating at full capacity.

For more information, visit www.gep.com/volatility.
Note: Full historical data dating back to January 2005 is available for subscription. Please contact economics@spglobal.com.
The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m. ET, Mar. 12, 2025.

About the GEP Global Supply Chain Volatility Index 
The GEP Global Supply Chain Volatility Index is produced by S&P Global and GEP. It is derived from S&P Global’s PMI® surveys, sent to companies in over 40 countries, totaling around 27,000 companies. The headline figure is a weighted sum of six sub-indices derived from PMI data, PMI Comments Trackers and PMI Commodity Price & Supply Indicators compiled by S&P Global.

  • A value above 0 indicates that supply chain capacity is being stretched and supply chain volatility is increasing. The further above 0, the greater the extent to which capacity is being stretched.
  • A value below 0 indicates that supply chain capacity is being underutilized, reducing supply chain volatility. The further below 0, the greater the extent to which capacity is being underutilized.

A Supply Chain Volatility Index is also published at a regional level for Europe, Asia, North America and the U.K. For more information about the methodology, click here.

About GEP

GEP® delivers AI-powered procurement and supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value. Fresh thinking, innovative products, unrivaled domain expertise, smart, passionate people — this is how GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ together deliver procurement and supply chain solutions of unprecedented scale, power and effectiveness. Our customers are the world’s best companies, including more than 1,000 Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals. A leader in multiple Gartner Magic Quadrants, GEP’s cloud-native software and digital business platforms consistently win awards and recognition from industry analysts, research firms and media outlets, including Gartner, Forrester, IDC, ISG, and Spend Matters. GEP is also regularly ranked a top procurement and supply chain consulting and strategy firm, and a leading managed services provider by ALM, Everest Group, NelsonHall, IDC, ISG and HFS, among others. Headquartered in Clark, New Jersey, GEP has offices and operations centers across Europe, Asia, Africa and the Americas. To learn more, visit www.gep.com.

About S&P Global

S&P Global (NYSE: SPGI) S&P Global provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. We are widely sought after by many of the world’s leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world’s leading organizations plan for tomorrow, today.

Disclaimer

The intellectual property rights to the data provided herein are owned by or licensed to S&P Global and/or its affiliates. Any unauthorised use, including but not limited to copying, distributing, transmitting or otherwise of any data appearing is not permitted without S&P Global’s prior consent. S&P Global shall not have any liability, duty or obligation for or relating to the content or information (“Data”) contained herein, any errors, inaccuracies, omissions or delays in the Data, or for any actions taken in reliance thereon. In no event shall S&P Global be liable for any special, incidental, or consequential damages, arising out of the use of the Data. Purchasing Managers’ Index™ and PMI® are either trade marks or registered trade marks of S&P Global Inc or licensed to S&P Global Inc and/or its affiliates.

This Content was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global. Reproduction of any information, data or material, including ratings (“Content”) in any form is prohibited except with the prior written permission of the relevant party. Such party, its affiliates and suppliers (“Content Providers”) do not guarantee the accuracy, adequacy, completeness, timeliness or availability of any Content and are not responsible for any errors or omissions (negligent or otherwise), regardless of the cause, or for the results obtained from the use of such Content. In no event shall Content Providers be liable for any damages, costs, expenses, legal fees, or losses (including lost income or lost profit and opportunity costs) in connection with any use of the Content.

Media Contacts

Derek Creevey
Director, Public Relations

GEP
Phone: +1 646-276-4579

Email: derek.creevey@gep.com 

Joe Hayes
Principal Economist
S&P Global Market Intelligence
Phone: +44-1344-328-099
Email: joe.hayes@spglobal.com 

S&P Global Market Intelligence

Corporate Communications

Email: Press.mi@spglobal.com 

1 Source: The S&P Global PMI survey, which encompasses the GEP Global Supply Chain Volatility Index

GEP Global Supply Chain Volatility Index
GEP Global Supply Chain Volatility Index

 

 

TriNetX and Fujitsu Launch Joint Venture to Increase Japanese Patients’ Access to Life-Changing Medicines

Partnership taps real-world data to accelerate clinical trials, research, and drug development in Japan.  

CAMBRIDGE, Mass., Feb. 12, 2025 /PRNewswire/ — TriNetX, a global leader in real-world data (RWD) and real-world evidence (RWE) solutions, has partnered with Fujitsu, a global ICT company and one of Japan’s leading electronic health record (EHR) vendors, to form TriNetX Japan K.K. This groundbreaking joint venture aims to quickly create an environment where anonymized EHR data from Japanese patients can be used to optimize clinical trials, advance healthcare research, and accelerate drug development timelines.

The initiative represents a significant step forward for integrating Japan into the global landscape of data-driven medicine and healthcare innovation. With its status as the third-largest pharmaceutical market worldwide, Japan offers unparalleled opportunities for clinical research and drug development. Additionally, Japan’s rapidly aging population provides an ideal foundation for studying age-related conditions such as cancer, cardiovascular diseases, and neurodegenerative disorders.

“Since our full-scale entry into the Japanese market in 2022, TriNetX has been enabling pharmaceutical companies and researchers to securely leverage anonymous patient data through our federated system while ensuring compliance with Japan’s strict data privacy regulations,” said Gadi Lachman, Founding CEO of TriNetX. “This joint venture with Fujitsu will open new research pathways and strengthen Japan’s position in global healthcare, allowing us to connect critical therapies to patients.”

The new entity will integrate the TriNetX LIVE™ Platform, TriNetX’s global network of over 200 million patient records, with Fujitsu’s cloud-based platform for the healthcare sector in Japan, offering a seamless connection between leading medical institutions and life sciences innovators. Through the integrated advanced analytics and data utilization platforms, researchers and pharmaceutical companies will gain secure, efficient access to large-scale EHR datasets, revolutionizing clinical trials and precision medicine initiatives.

Tatsuki Araki, Head of Healthy Living of Fujitsu, remarked, “Fujitsu is proud to collaborate with TriNetX to advance healthcare and life sciences innovation in Japan. Together with TriNetX, we will create an environment where Japanese medical data, previously underutilized, can be efficiently leveraged for clinical research. As part of our business model ‘Fujitsu Uvance,’ which is based on addressing social issues, Fujitsu aims to eliminate drug loss in Japan and achieve a society where everyone can choose the treatment that best suits them by creating an ecosystem leveraging medical data.”

The TriNetX-Fujitsu joint venture aligns with the growing number of Japanese medical institutions joining the TriNetX network. Researchers are already conducting novel studies using TriNetX data and technology, while pharmaceutical companies are increasingly offering clinical trial opportunities to these institutions.

Shogo Wakabayashi, TriNetX’s Country Manager, Japan will lead TriNetX Japan K.K. Steve Kundrot, Chief Operating Officer of TriNetX and Elizabeth Schwert, Vice President, M&A and Business Development of TriNetX, will serve on the entity’s Board of Directors.

About TriNetX, LLC
TriNetX is a global network of healthcare organizations and life sciences companies dedicated to advancing real-world research and expediting the development of new therapies. Through its self-service, HIPAA-, GDPR-, and LGPD-compliant platform of federated deidentified and anonymous electronic health record datasets and consulting partnerships, TriNetX empowers its global community to improve clinical trial protocol design, streamline trial operations, refine safety signals, and enrich real-world evidence generation. For more information, please visit TriNetX at www.trinetx.com or follow TriNetX on LinkedIn.

About Fujitsu
Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.7 trillion yen (US$26 billion) for the fiscal year ended March 31, 2024 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com.

Media Contact
TriNetX
Karen Tunks
Email: Karen.Tunks@TriNetX.com

Hyundai Mobis leads innovation in the field of automotive interior design with a new movable sound system

  • Development of a movable sound system synchronized with the rollable display system
  • Delivering a differentiated user experience through sound optimization and luxury automotive interior design
  • Innovative integration of a premium display + sound system targeting the global market

SEOUL, South Korea, Feb. 12, 2025 /PRNewswire/ — Advancing as a future mobility technology specialist, Hyundai Mobis (KRX 012330) is driving innovation in automotive interior design with a new technology. Automobiles are no longer merely a means of transportation; they are evolving into a multifunctional space where people can relax, entertain themselves and interact with one another. Accordingly, automotive interior design is undergoing transformation to not only ensure passenger safety and convenience but also to deliver a differentiated user experience.

The movable sound system adjusts the angle of each speaker according to the display deployment situation to deliver vivid sound quality to the user. (From left to right in the photo: speaker deployment in stationary mode, low-speed driving mode, and high-speed driving mode)
The movable sound system adjusts the angle of each speaker according to the display deployment situation to deliver vivid sound quality to the user. (From left to right in the photo: speaker deployment in stationary mode, low-speed driving mode, and high-speed driving mode)

On 12, Hyundai Mobis has announced its recent development of a new movable sound system synchronized with the movement of the display installed in the driver’s seat (cockpit). This technology is part of its effort to create a unique interior design and ensure optimal sound quality in various display scenarios.

The movable sound system is designed to work in perfect synchronization with the rollable display. Hyundai Mobis developed the world’s first rollable display that moves up and down two years ago. This innovative technology features a large 30-inch display that can be adjusted according to driving conditions, providing users with information including navigation, music and videos. When the display is operational, the speakers installed on the right, left and center of the vehicle’s front adjust their angle and move to minimize interference from surrounding sound waves and ensure optimal quality.

The rollable display expands to its maximum size, enabling driver and passengers to enjoy music and videos when the vehicle is in idle or in autonomous mode. At this point, the movable sound system reclines and directs sound toward the vehicle’s windshield to prevent sound interference caused by the fully expanded display. In contrast, the display expands to only one-third of its original size during driving to ensure that the driver’s view remains unobstructed and only a minimum of driving information is displayed. During this time, the speaker orientates toward the driver, providing audio output. The speaker’s position is dynamically adjusted based on the display’s dimensions to deliver more vivid sound quality to the driver and passengers.

Hyundai Mobis has developed this innovative display-synchronized movable sound system in the view that the latest vehicle display pursues features such as large screen, high resolution and slim design in differentiating automotive interior design. This innovation also reflects the confidence of Hyundai Mobis in its technological prowess in premium automotive display and sound systems.

 Leading innovation through new technology integration with its automotive part technologies including the next-generation display and premium sound

At this year’s CES, Hyundai Mobis has unveiled a real vehicle with its Holographic Windshield Transparent Display, which uses the windshield as a display without the need for physical display devices. It also has a range of the world’s first original premium in-vehicle systems, including rollable, swivel and QL displays.

The company is also making inroads into the global premium sound system market through a partnership with Meridian, a British audio pioneer, and is accelerating global open innovation to secure special in-vehicle sound technologies.

With its technological prowess, Hyundai Mobis is presenting the integration of technologies in the field of IVI (In-Vehicle Infotainment) for user experience innovation and enhanced mobility convenience. Its next-level solution, which integrates its advanced display and sound system technologies, is one example. “Hyundai Mobis is delivering its differentiated brand value in the mobility sector through its future-oriented innovative products targeting the global market”, said Han Young-Hoon, the head of HMI Development Group, Hyundai Mobis.

About Hyundai Mobis

Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company’s products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting, and automotive electronics. Hyundai Mobis operates its R&D headquarters in Korea, with four technology centers in the United States, Germany, China, and India. For more information, please visit the website at http://www.mobis.com

Media Contact 
Choon Kee Hwang: ckhwang@mobis.com
Jihyun Han: jihyun.han@mobis.com