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Aon appoints Jennifer Richards as CEO of Asia Pacific


DUBLIN, IRELAND – Media OutReach Newswire – 18 February 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today announced that Jennifer Richards has been selected as CEO of Asia Pacific, effective 1 March.

Jennifer Richards

Richards assumes the role from Anne Corona who has recently been named CEO of enterprise clients and global chief commercial officer. She will work alongside the Asia Pacific Executive Committee to enhance the firm’s capabilities across the region, create distinctive value for clients, deliver growth and strong financial performance, inspire colleagues and execute on the 3×3 Plan. Richards will report to CEO of Regions, Lori Goltermann, join the Aon Executive Committee and move from Australia to Singapore in the coming months.

Since joining Aon in Australia 13 years ago, Richards has been a dedicated and passionate colleague, supporting Australian, regional and global clients to make better decisions to address their risk and people challenges. She served most recently as head of Australia where she has a track record of success, fostering key client relationships and embedding the firm’s 3×3 Plan to accelerate growth and capabilities across all solution lines.

“The Asia Pacific region is critical to Aon’s strategy, representing significant growth opportunities across a diverse market,” said Goltermann. “Jennifer’s experience, Aon United mindset and ability to build and inspire high-performing teams position her to lead the Asia Pacific region to continued success.”

Prior to joining Aon, Richards held several senior management roles at AIG in its Financial Institutions and M&A businesses in North America. Before joining the insurance industry, Richards practiced corporate and securities law at Sidley Austin LLP in New York City.

Richards said, “I am excited to work even more closely with this exceptional team and look forward to collaborating with such talented colleagues across the region. There is so much opportunity in the Asia Pacific region, and together we will build on our existing momentum and accelerate our ability to help our clients navigate the multi-faceted, complex and interconnected challenges they face.”

Read more about Aon in the APAC region: aon.com/apac
Hashtag: #Aon

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

About Aon

(NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

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Disclaimer
The information contained in this document is solely for information purposes, for general guidance only and is not intended to address the circumstances of any particular individual or entity. Although Aon endeavours to provide accurate and timely information and uses sources that it considers reliable, the firm does not warrant, represent or guarantee the accuracy, adequacy, completeness, or fitness for any purpose of any content of this document and can accept no liability for any loss incurred in any way by any person who may rely on it. There can be no guarantee that the information contained in this document will remain accurate as on the date it is received or that it will continue to be accurate in the future. No individual or entity should make decisions or act based solely on the information contained herein without appropriate professional advice and targeted research.

Cloudsway Unveils DeepSeek-Powered AI Solutions: A Deep Integration to Drive Enterprise Innovation

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — Cloudsway, a trusted partner for distributed AI infrastructure, has announced its support for seamless integration of full-powered DeepSeek R1/V3 models enabling enterprise users to deploy cutting-edge AI solutions tailored to their specific needs.

As reported, Cloudsway provides standardized API interfaces for businesses looking to rapidly integrate with DeepSeek. Developers can seamlessly access the full capabilities of DeepSeek-R1/V3, enabling stable and efficient AI inference services. This streamlined approach ensures quick access without extensive setup or configurations.

For organizations seeking extensive integration with DeepSeek’s advanced capabilities, Cloudsway offers model hosting services. This end-to-end solution simplifies model inference and optimization, without the complexities of hardware management and environment configuration. Users can benefit from Cloudsway’s globally available resources, experiencing fast, stable, and advanced AI services supported by robust and secure networks.

In addition to API interfaces and model hosting services for DeepSeek-R1/V3, Cloudsway has enhanced DeepSeek with a powerful knowledge engine to introduce AI Search service. By leveraging Cloudsway’s globally distributed AI infrastructure and ultra-low latency network, DeepSeek enables not only real-time data queries but also the comprehensive gathering, summarization, and analysis of real-time information from across the internet. Furthermore, through the integration of Retrieval-Augmented Generation capabilities, DeepSeek enriches its knowledge base to provide precise, intelligent, and timely responses. This advancement supports a variety of applications, including empathetic AI-driven customer service and cutting-edge insights.

Users can access via Cloudsway API to develop AI applications combining intelligent Q&A, knowledge management, and real-time search functionalities.

“Our mission is to provide efficient and accessible AI that empowers innovators to thrive in the digital age,” said William Du, Chief Strategy Officer at Cloudsway. “By integrating DeepSeek’s powerful AI models with our robust distributed AI infrastructure, we are enabling enterprises to build and deploy high-performance AI applications with unprecedented speed and security.”

About Cloudsway

Cloudsway is a trusted partner for distributed AI infrastructure, delivering fast, reliable, and efficient AI solutions. Supported by secured and robust architecture, Cloudsway offers industry-leading AI services and high-performing distributed inference capabilities, as well as reliable network and security solutions, empowering accelerated AI adoption, enhanced operational efficiency and AI-driven business transformation.

To date, Cloudsway has collaborated with over 100 leading AI models and with business operations spanning across 80 countries. The company has successfully supported hundreds of enterprises in their AI transformation journey.

Media Contact:

marketing@cloudsway.ai
www.cloudsway.ai

Mobicom Corporation Partners with Circles to Elevate Customer Experience with AI-Powered Digital Innovation Platform Xplore

Developed with global telcos, Xplore is now live and transforming digital experiences in Central Asia after successful launches in 4 markets

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — Mobicom Corporation, Mongolia’s largest mobile network operator, today announced a strategic partnership with Circles, a global telco technology company. Central to this partnership is the launch of Xplore, an advanced AI-powered software-as-a-service (SaaS) platform co-developed by Circles and leading global telecom operators. Designed to personalize user interactions, boost engagement and unlock new digital opportunities, Xplore has successfully gone live in four markets and will transform digital experiences for Mobicom Corporation and its consumers in Central Asia.

Koji Kurushima (right), Chief Executive Officer of Mobicom Corporation and Sanjay Kaul (left), Chief Revenue Officer of Circles, signed a partnership agreement to elevate customer experience in Central Asia with AI-powered Digital Innovation Platform Xplore, witnessed by Rameez Ansar (center), Co-Founder and Chief Executive Officer of Circles
Koji Kurushima (right), Chief Executive Officer of Mobicom Corporation and Sanjay Kaul (left), Chief Revenue Officer of Circles, signed a partnership agreement to elevate customer experience in Central Asia with AI-powered Digital Innovation Platform Xplore, witnessed by Rameez Ansar (center), Co-Founder and Chief Executive Officer of Circles

The launch of Xplore accelerates Mobicom Corporation’s digital evolution, strengthening its telecom leadership in Mongolia and Central Asia with AI-powered solutions that enhance customer engagement and unlock new opportunities.

Xplore: A Key Enabler of Mobicom Corporation’s Digital Transformation Strategy

As part of its commitment to next-generation digital experiences, Mobicom Corporation will integrate Xplore to enhance its service offerings with AI-powered content, expand customer touchpoints, and create new revenue opportunities. Xplore’s suite of applications will drive user interactions, enhance digital engagement and provide differentiated services in a competitive telecom landscape.

Key Features of Xplore

Xplore revolutionizes digital engagement for users with personalized, interactive and rewarding experiences designed to enhance customer enjoyment and participation.

  • Gamification: Users can participate in interactive challenges and earn rewards, making their digital experiences on telco apps more engaging and enjoyable.
  • Horoscope & Quiz Apps: Personalized horoscopes and entertaining quizzes encourage frequent interactions and which keep users coming back.
  • News & Polls: Customers can stay informed with curated news and share their opinions through interactive polls.
  • Tokenization & Rewards: A gamified reward system allows users to earn tokens for their engagement, enhancing loyalty and participation.
  • Analytics: AI-driven insights help personalize user experiences by tailoring content and recommendations based on individual interactions.

With Xplore, Mobicom Corporation is poised to unlock significant revenue growth through improved customer retention, enhanced engagement, and reduced churn. Xplore’s ecosystem enables cost-efficient innovation, allowing Mobicom Corporation to rapidly deploy new digital services without the heavy investment typically required for in-house development.

The launch of Xplore in Mongolia marks the fifth market where the platform has been deployed, following successful launches in Singapore, Australia, Japan, and the Middle East. Circles is leveraging its experience from these markets to help Mobicom Corporation deliver next-level AI-powered engagement.

Unlocking New Revenue Streams for Mobicom Corporation

Koji Kurushima, Chief Executive Officer of Mobicom Corporation, said, “The future of telco lies in creating seamless, digital-first experiences that go beyond connectivity. At Mobicom Corporation, we see our partnership with Circles as more than just adopting new technology—it is about reimagining how we engage, entertain, and add value to our customers’ lives. With Circles, we are unlocking new possibilities that will set a new benchmark for digital innovation in Mongolia and inspire the next era of mobile experiences.”

Sanjay Kaul, Chief Revenue Officer of Circles, said, “We are excited to partner with Mobicom Corporation to transform digital engagement in Mongolia. Mobicom Corporation is redefining what it means to be a digital-first telco, and we’re proud to support this journey. With the launch of Xplore, an AI-powered platform developed by Circles with global telco operators, Mobicom Corporation is unlocking new opportunities to engage customers. This partnership highlights the growing demand for agile, AI-driven digital ecosystems. We are committed to helping Mobicom Corporation drive engagement, unlock new revenue streams and set new standards for digital innovation in Mongolia and beyond.”

About Mobicom Corporation

Mobicom group is the leading Mongolian telecommunication and information technology company. Mobicom group provides ICT services such as cellular, and satellite communications, high-speed internet, digital payment solutions, data centers, content and video streaming services, network infrastructure, intercity and international network services, and digital content to government, enterprises, and individuals. Mobicom group is leading the Digital Transformation and successfully localizing IoT, AI, ML, and 5G technologies in Mongolia.

About Circles

Founded in 2014, Circles is a global technology company reimagining the telco industry with its SaaS platform, helping telco operators launch and operate successful digital brands. Today, Circles is partnering with operators in 14 countries across 6 continents with the mission to deliver digital experiences to millions of people through our businesses.

With Circles.Life, our digital lifestyle brand, we empower and delight customers across the world by offering digital experiences that go beyond traditional telco services.

Circles is backed by global investors such as Peak XV Partners, Warburg Pincus, EDBI and Founders Fund – renowned institutions with a track record of backing industry-shaking innovators.

Media Contact: Dhanyasree Muraleedharan, dhanyasree@themarkway.com

Hyundai IONIQ 5 N TA Spec Sets Fastest EV Record at ‘Attack Tsukuba 2025’

  • Hyundai N sets fastest electric vehicle (EV) record at ‘Attack Tsukuba 2025’ with IONIQ 5 N TA (Time Attack) Spec, in a time of 57.446 seconds
  • Renowned Japanese professional driver, Nobuteru Taniguchi, drove the IONIQ 5 N TA Spec to victory, beating the previous EV record at the circuit
  • The record-breaking performance strengthens Hyundai Motor’s position in Japan’s growing EV market
  • Hyundai Mobility Japan also showcases the recently revealed IONIQ 5 N DK Edition

SHIMOTSUMA, Japan and SEOUL, South Korea, Feb. 18, 2025 /PRNewswire/ — Hyundai Motor Company’s IONIQ 5 N has set a new standard in electric vehicle (EV) performance, achieving the fastest lap time by an EV at the ‘Attack Tsukuba 2025’ motorsport event in Japan, February 15.

Hyundai IONIQ 5 N TA Spec Sets Fastest EV Record at  ‘Attack Tsukuba 2025’
Hyundai IONIQ 5 N TA Spec Sets Fastest EV Record at ‘Attack Tsukuba 2025’

Held at the legendary Tsukuba Circuit in Ibaraki Prefecture, Japan, the track is known for its compact and challenging layout, providing the perfect stage for participants to showcase the capabilities of their vehicles. Hyundai N entered the event with the IONIQ 5 N TA (Time Attack) Spec, driven by renowned Japanese professional driver, Nobuteru Taniguchi.

“I’m honored to have had the opportunity to drive the Hyundai IONIQ 5 N TA Spec at Attack Tsukuba 2025, which enabled me to significantly break my previous EV record”, said Taniguchi. “The IONIQ 5 N TA Spec stops well and handles excellently. Despite the power, the control is outstanding, with great cornering and smooth, stable corner-exit. I could push the car to the limit with real confidence.”

The IONIQ 5 N TA Spec, a motorsport variant of the award-winning IONIQ 5 N, is no stranger to winning. It took victory at the 2024 Pikes Peak International Hill Climb (PPIHC) in the modified production electric SUV category, setting a new record in the process.

The vehicle is designed to showcase the strengths of the production-spec IONIQ 5 N without significant modifications. The IONIQ 5 N TA Spec retains the standard car’s high-performance power electronics (PE) system. Through software tuning, the TA Spec’s maximum output has been boosted to 687 PS, with the rear motor’s power increased by 37 PS compared with the standard IONIQ 5 N.

Additional upgrades include N Active Sound+ with modified speakers (over 120 dB), new shock absorbers, motorsport-grade brakes, 18-inch Yokohama ADVAN 005 slick tires, a high-downforce aerodynamic package, a Recaro Pro Racer SPA Hans seat, a Sabelt six-point Hans safety harness, a PPIHC-specification roll cage, and an EV fire suppression system.

With a lap time of 57.446 seconds, the IONIQ 5 N TA Spec is the fastest EV ever to lap the Tsukuba Circuit. This result was almost two seconds faster than the nearest EV competitor, despite the IONIQ 5 N TA Spec using mostly production components in critical systems such as its motors, battery and control electronics.

This achievement signifies Hyundai’s advanced EV technologies and strengthens Hyundai Mobility Japan’s position in the country’s small but growing EV market. Hyundai Mobility Japan recently launched the INSTER sub-compact electric SUV in the Japanese market, further expanding its EV portfolio.

“Today’s record is a clear demonstration of Hyundai’s commitment to advancing EV technologies and delivering exceptional performance,” said Joon Park, Head of N Management Group. “The IONIQ 5 N TA Spec’s new record, using primarily production components, is not only a significant milestone that validates our technological prowess, but also demonstrates Hyundai N’s commitment to bringing high performance EVs deeper into global car culture through events such as Attack Tsukuba.”

Hyundai IONIQ 5 N TA Spec Sets Fastest EV Record at  ‘Attack Tsukuba 2025’
Hyundai IONIQ 5 N TA Spec Sets Fastest EV Record at ‘Attack Tsukuba 2025’

Budget Direct Insurance Clinches Feefo Platinum Trusted Service Award 2025 for Sixth Year Running

SINGAPORE, Feb. 18, 2025 /PRNewswire/ — Budget Direct Insurance has won the Feefo Platinum Trusted Service Award for the sixth year running. The coveted award is an independent seal of excellence, which recognises businesses that consistently deliver a world-class customer experience.

More than 10,000 Budget Direct Insurance customers left their feedback on Feefo, the independent reviews platform and awarded the insurer an impressive Exceptional Customer Service rating, scoring an average of 4.7 out of 5.

All Feefo customer reviews are verified as genuine, making the highly valued accreditation a true reflection of a business’s continued commitment to outstanding service.

The Platinum award is given to businesses which have achieved Gold standard for three consecutive years. The leading online insurer for car, motorcycle, commercial vehicle and travel has consistently received outstanding customer reviews on the Feefo platform since launching in 2016.

Award is Testament to Exceptional Value for Budget Direct Customers

As a low-cost insurer committed to providing some of the most affordable motor and travel insurance plans in Singapore, the award highlights that customers are indeed receiving genuine value for their money with Budget Direct Insurance.

Simon Birch, CEO of Budget Direct Insurance, commented: “We’re delighted to receive a Platinum Trusted Service Award from Feefo for the sixth consecutive year. Keeping our customers happy is our priority, so the fact this award is based on feedback from real customers gives us confidence we’re providing an exceptional level of service while at the same time offering real value.

“Our customers can rest assured they’re getting much more for less with us. The award also recognises just how hard our staff have worked under fresh challenges, with both rising inflation and the cost-of-living crisis affecting both consumers and businesses alike. As we enter a new year, we will continue to listen, understand, and deliver what our customers want.”

Budget Direct Insurance receives the independent Feefo Platinum Trusted Service Award for outstanding customer service six years in a row.
Budget Direct Insurance receives the independent Feefo Platinum Trusted Service Award for outstanding customer service six years in a row.

Congratulating Budget Direct Insurance on winning this year’s award, Tony Wheble, CEO at Feefo, said: “During these economically challenging times, it’s inspiring to see companies like Budget Direct Insurance consistently going above and beyond for their customers. The Trusted Service Awards recognise businesses that don’t just meet expectations – they exceed them. These awards celebrate companies that gather genuine feedback and use it to deliver exceptional customer experiences. The dedication shown by this year’s winners sets a benchmark for customer service excellence.”

About Budget Direct Insurance

Budget Direct Insurance is an award-winning online digital insurance company for car, motorcycle, commercial vehicle and travel. It is part of an international group that provides insurance solutions for millions of policyholders worldwide. Their brands include Compare the Market in the UK, Budget Direct in Australia, and Telesure in South Africa.

About Feefo

Feefo is a leading global customer reviews and insights platform. With 96% of customers relying on reviews to purchase, Feefo creates trust between consumers and businesses by adopting a unique approach to only collect verified reviews from real people.

www.feefo.com

LG TO SHOWCASE EXPANDED “FIT & MAX” KITCHEN SOLUTIONS WITH ZERO CLEARANCE AT KBIS 2025

New Product Leverages Company’s Innovative Technologies and Design Prowess to Offer an Effortlessly Elevated Kitchen Experience

SEOUL, South Korea, Feb. 18, 2025 /PRNewswire/ — LG Electronics (LG) is set to showcase its “Fit & Max” kitchen solution at the 2025 Kitchen and Bath Industry Show (KBIS) in Las Vegas, offering a design that seamlessly fits into spaces while maximizing both capacity and performance. Boasting Zero Clearance™ technology, the company’s cutting-edge kitchen appliances are an ideal fit for any kitchen.

LG showcases its expanded "Fit & Max" kitchen solutions with Zero Clearance at the 2025 Kitchen and Bath Industry Show (KBIS)
LG showcases its expanded “Fit & Max” kitchen solutions with Zero Clearance at the 2025 Kitchen and Bath Industry Show (KBIS)

The expanded lineup includes three-door and four-door refrigerators with Zero Clearance – a technology that minimizes wasted space, provides impressive installation flexibility and helps homeowners achieve a stylish built-in kitchen aesthetic. Thanks to cleverly-designed hinges, the main compartment doors can open fully with only 4 millimeters of clearance between the side of the appliance and the surrounding cabinetry or adjacent wall.

The new models also leverage the company’s proprietary Thin Door technology, which adds to the visual appeal of the new refrigerators and further contributes to optimal space efficiency in the kitchen. 100 millimeters-thick on previous models, the doors have been slimmed down to just 55 millimeters, delivering a sleek and sophisticated appearance without sacrificing insulation performance.

Moreover, LG’s new lineup provides a generous capacity, ensuring ample space for storing food items, beverages, and ingredients. The newly designed middle- and freezer-drawers offer enhanced accessibility and easier, more convenient organization. The new, premium LG refrigerators also on show at KBIS 2025, feature Dual Ice Solution and Mini Craft Ice, allowing users to elevate their favorite drinks, chill refreshments for a party, or quickly cool a hot soup or broth with freshly-made ice.

In addition to refrigerators, LG expands its product lineup with a wider range of “Fit” offerings, combining space-efficient design with enhanced performance in various appliances. Another standout from the LG kitchen solution lineup is the new Flush Depth dishwasher, which fits perfectly with standard-depth cabinetry for a seamless and streamlined look. The new dishwasher incorporates advanced cleaning and drying technologies, including QuadWash™ Pro and Dynamic Heat Dry™, to deliver industry-leading performance and enable the 1 Hour Wash & Dry cycle. LG’s QuadWash Pro technology creates microbubbles that thoroughly remove stains from dishware, while Dynamic Heat Dry utilizes a dry boost function to enhance drying performance. Drying effectiveness is further increased by the company’s AutoVentDry™ function, which automatically opens the dishwasher door after the completion of a cycle.

“An ideal fit for today’s kitchen and lifestyle, LG’s expanded Zero Clearance lineup presents next-level user experiences through advanced innovation and thoughtful design,” said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. “We will continue to introduce appliances that offer customers the best of performance, style and convenience for a truly differentiated kitchen experience.”

Visitors to KBIS 2025 from February 25-27 can experience all the latest LG kitchen innovations, including the new kitchen solutions, at the company’s booth (West Hall #W2417, Las Vegas Convention Center).

About LG Electronics Home Appliance Solution Company 

The LG Home Appliance Solution Company (HS) is a global leader in home appliances and AI home solutions. By leveraging industry-leading core technologies, the HS Company is committed to enhancing consumers’ quality of life and promoting sustainability. The company develops thoughtfully designed kitchen and living appliance solutions and has recently integrated LG’s Robot Business Division to incorporate advanced robot technologies into its home solutions. Together, these products offer enhanced convenience, exceptional performance, efficient operation and sustainable lifestyle solutions. For more news on LG, visit www.LGnewsroom.com.

LG's refrigerator with Zero Clearance technology that minimizes wasted space and provides impressive installation flexibility
LG’s refrigerator with Zero Clearance technology that minimizes wasted space and provides impressive installation flexibility

LG's new Flush Depth dishwasher fits perfectly with standard-depth cabinetry for a seamless and streamlined look
LG’s new Flush Depth dishwasher fits perfectly with standard-depth cabinetry for a seamless and streamlined look

LG Display Targets Gaming Market with OLED Monitor Panel featuring World’s Best Picture Quality

SEOUL, South Korea, Feb. 18, 2025 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced today that it has officially begun mass production of a 45-inch Gaming OLED monitor panel with ultra-high 5K2K resolution. By producing the world’s highest-resolution Gaming OLED panel, the company is seeking to seize the growth potential of the high-end gaming display market.

LG Display Targets Gaming Market with OLED Monitor Panel featuring World’s Best Picture Quality
LG Display Targets Gaming Market with OLED Monitor Panel featuring World’s Best Picture Quality

This product not only features key gaming monitor specifications such as top-tier resolution, refresh rate, and response time, but it also delivers perfect black levels in any environment, providing the ultimate gaming experience.

With higher resolution allowing more precise image and video quality, a 5K2K resolution (5120×2160) display consists of approximately 11 million pixels. This is over five times the pixel count of a FHD panel (1920×1080) and about 1.3 times that of a UHD screen (4K/3840×2160). Professional monitors, which require greater accuracy and detail for tasks such as graphic design and video editing, typically feature UHD resolution.

LG Display’s 45-inch 5K2K resolution Gaming OLED panel also boasts the highest brightness among all OLED monitors, reaching 1,300 nits. The higher the brightness, the more enhanced the contrast ratio, delivering a three-dimensional viewing experience that feels as if you are watching scenes in person. Additionally, a gaming-specific polarizer has been applied to minimize glare and light reflections, helping to achieve those perfect blacks wherever the monitor is placed.

Moreover, it offers an innovative gaming experience with LG Display’s proprietary Dynamic Frequency & Resolution (DFR) technology. This means users can freely select between high refresh rate (FHD∙330Hz) and high resolution (5K2K∙165Hz) modes depending on the content.

When users select high refresh rate mode, they can enjoy fast-paced games in genres such as FPS (first-person shooter) or racing with smooth, uninterrupted gameplay at 330Hz. Choosing high resolution mode allows them to experience the vivid realism and stunning graphics of 5K2K picture quality, enhancing games, movies, and various other content.

It also offers innovative customer value through its differentiated form factor. With a 21:9 aspect ratio and a large 45-inch screen, it provides an immersive gaming experience while being ideal for performing multiple tasks at once, similar to using a dual monitor setup. The 21:9 aspect ratio, akin to a cinema screen, is additionally optimized for watching content streamed via OTT platforms.

As well as delivering perfect blacks and three-dimensional picture quality, the self-emissive pixels of LG Display’s Gaming OLED panels emit half the amount of blue light as LCD screens, which rely on backlights. They are also free from the flicker that can cause headaches and various issues among viewers of other panels. Such advantages reduce the impact on the body during even extended gaming or content viewing sessions.

LG Display’s strategy is to target the rapidly growing high-end gaming display market with its proprietary technologies and a full lineup of Gaming OLED panels ranging from 27 to 45 inches.

“We will innovate all the values that customers desire in gaming monitors, such as picture quality, form factor, and refresh rate, to provide a differentiated customer experience and strengthen our technology leadership,” said Won-seok Kang, Head of the Large Display Product Planning Division at LG Display.

About LG Display

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

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

TIER IV conducts robotaxi pilot tests in Tokyo

TOKYO, Feb. 18, 2025 /PRNewswire/ — TIER IV, the pioneering force behind the world’s first open-source software for autonomous driving, is proud to announce the successful completion of pilot tests of a robotaxi service in Tokyo as part of a phased approach to commercialization. The tests were conducted in Odaiba in November 2024 and in Nishi-Shinjuku in December 2024.

These initiatives mark a significant step toward integrating robotaxi services into Japan’s transport network, following TIER IV’s selection in August 2024 for a project led by the Ministry of Economy, Trade and Industry, aimed at promoting digital transformation in the mobility sector.

Pilot test overview

The tests demonstrated the process of introducing robotaxis by adapting and expanding existing operational design domains (ODDs) to accommodate new traffic environments. In-depth technical verifications for the broader deployment of robotaxis were also conducted. Featuring JPN TAXI vehicles equipped with TIER IV’s autonomous driving system, these vehicles were navigated through approximately 500 complex scenarios in Odaiba and Nishi-Shinjuku, including executing right and left turns at intersections and avoiding parked vehicles. A safety-first approach allowed operators to switch to manual control when scenarios exceeded the predefined ODDs as necessary. The outcomes confirmed the adaptability of ODDs in dense traffic conditions and identified critical technical challenges that must be addressed to enable autonomous driving across a wide range of routes.

In Odaiba, passengers interacted with the robotaxi by using voice commands to set their destination, and the vehicle navigated routes around Tokyo Teleport Station. Each ride averaged a distance of approximately 3 km, contributing to a total driving distance of around 354 km. Post-ride surveys were conducted to gather user feedback and identify potential improvements to enhance service quality.

In the streets of Nishi-Shinjuku, where pedestrian and vehicle density is high, passengers used a ride-hailing app to choose from seven destination options, and the vehicle navigated along designated routes. TIER IV also engaged with the Shinjuku Subcenter Area Environmental Improvement Committee and other stakeholders to discuss how to scale robotaxi operations in the area. This test was conducted with the support of the subsidy from the Shinjuku Station West Exit Area Parking Region Rules Operation Council. Each ride here averaged approximately 3 km, with a total accumulated driving distance of around 622 km.

Future steps

Moving forward, TIER IV will integrate the findings from these tests into its reference design for robotaxis, which will be shared with key players in the automotive industry. This will significantly lower the entry barrier for developing vehicles suitable for robotaxis, enabling automakers to enter the market. By 2027, TIER IV aims to establish a service model that facilitates the launch of robotaxi operations within three months in target regions by leveraging the reference design. The model has the potential to play an important role in advancing the nationwide deployment and integration of robotaxis across society.

About TIER IV

TIER IV stands at the forefront of deep tech innovation, pioneering Autoware, the world’s first open-source software for autonomous driving. Harnessing Autoware, we build scalable platforms and deliver comprehensive solutions across software development, vehicle manufacturing, and service operations. As a founding member of the Autoware Foundation, we are committed to reshaping the future of intelligent vehicles with open-source software, enabling individuals and organizations to thrive in the evolving field of autonomous driving.

Autoware is a registered trademark of the Autoware Foundation.

Media Contact
pr@tier4.jp