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Macau Pass to Co-operate with GCash, Touch ‘n Go e-Wallet and True Money, the Leading e-Wallets in Southeast Asia, to Provide Acquiring Services, Has Been Approved

MACAU – EQS Newswire – 11 May 2023 – Macau Pass has been officially approved to provide acquiring services to Alipay+ market-leading partner e-wallets from the Philippines, Malaysia and Thailand. This means that in addition to Alipay, AlipayHK, WeChat Pay, Simple Pay and other e-wallets launched by other banks in Macau, Macau Pass payment devices can now also accept GCash, Touch ‘n Go eWallet and TrueMoney, following South Korea’s Kakao Pay.

Southeast Asia is the fastest-growing e-wallet region in the world, according to the 2021 Mobile Wallet report released by Juniper Research, a digital technology analysis company. With Southeast Asian governments’ active efforts to promote the digital economy and the region’s e-commerce boom, it is estimated that by 2025, six Southeast Asian countries (Singapore, Malaysia, Thailand, Indonesia, Vietnam and the Philippines) will have more than 440 million e-wallet users.

In 2020, Ant Group launched Alipay+, a suite of global cross-border digital payments and marketing solution, which enables businesses to accept its partner payment methods through a one-time integration. With the gradual recovery of the global economy, direct interaction with the growing number of consumers using Alipay+ partner e-wallets is positive for businesses in Macau to seek new business opportunities.

“Comprehensive and innovative digital solutions is the key to accelerate the digital transformation of Macau’s service industry,” said Mr. Sun Ho, Chairman and CEO of Macau Pass. GCash, Touch ‘n Go eWallet and TrueMoney, which come from the Philippines, Malaysia and Thailand respectively, have profound experiences in Southeast Asia and a significant user base in their markets. Through the cooperation with Alipay+, the innovative one-stop payment solution will accelerate the digital transformation of local merchants in Macau, create an connected international digital payments ecosystem for Macau, solve the problem of cross-border payment for international tourists, and help enterprises find new marketing growth opportunities.

At present, Galaxy Macau™, MGM, Sands Resorts Macao, SJM Resorts, S.A., Wynn Macau, Limited, Macau Fisherman’s Wharf, Future Bright Group, Hotel Lisboa Macau, Lisboeta Macau, New Yaohan and TurboJET and other well-known enterprises in Macau are actively engaged in the launching of these three international e-wallets. At the same time, more enterprises are invited to join Alipay+ to attract more tourists and jointly promote business efficiency. With the gradual return of overseas tourists, especially those from Southeast Asia, Macau Pass believes that it can help Macau businesses to provide more convenient multi-scene services for overseas tourists and contribute to Macau’s economic recovery and growth.

Mr. Sun said that as one of the leading mobile payments in Macau, Macau Pass’ MPay e-Wallet will continue to explore strategic cooperation with Alibaba Group and Ant Group to further expand e-commerce and digital media entertainment, develop and create a more diversified business scene, and explore commercialization opportunities in Macau’s e-payment ecosystem.

Hashtag: #AGTech #MacauPass #Alipay+

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

About Alipay+ and the three Southeast Asian electronic wallets

About Alipay+
Alipay+ offers unified global mobile payment and marketing solutions that connect merchants with multiple e-wallets and payment methods from different countries and regions by collaborating with global partners. Consumers can conveniently use their preferred local payment methods while transacting seamlessly in a different market and be able to enjoy marketing offers by the merchants through Alipay+. Alipay+ is developed by Ant Group, the owner and operator of Alipay, one of the world’s leading digital open platforms.

About GCash
GCash (G-Xchange, Inc.) is the #1 Finance App in the Philippines. Through the GCash App, 79M registered users can easily purchase prepaid airtime; pay bills at over 1,600 partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 5.2M partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. GCash is a wholly-owned subsidiary of Mynt (Globe Fintech Innovations, Inc.), the first and only duacorn in the Philippines.
GCash was recognized by The Asian Banker (TAB) and by the IDC in 2021 for its outstanding digital financial inclusion programs.

About TNG Digital Sdn Bhd
TNG Digital Sdn Bhd (“TNG Digital”) was founded by Touch ‘n Go Sdn Bhd and Ant Group (“Ant”), parent company of Alipay, China’s largest digital payments platform. Established in 2017, TNG Digital is the owner and operator of Touch ‘n Go eWallet with more than 19 million users and over 1.2 million merchant touch points including DuitNow QR. Combining Touch ‘n Go’s strong domestic brand, dominance in toll, transit and parking use cases and nationwide user base, together with Ant’s deep domain expertise and leading the development of open platforms for technology driven inclusive financial services, Touch ‘n Go eWallet provides financial services and payments services to both retail users and small to mid-sized businesses, across physical and online infrastructure. For more information, please visit

About TrueMoney
TrueMoney is a Southeast Asia’s leading fintech company providing financial services for users including the unbanked across 7 countries in Thailand, Cambodia, Myanmar, Vietnam, Philippines, Indonesia, and Malaysia. Established in 2013, TrueMoney has become a part of Ascend Group in 2014 and also a partner of Ant Group since 2016. Today, the company provides various financial services through TrueMoney Wallet, the most popular e-wallet application that enables convenience and ease of payments to serve every lifestyle. Its extensive agent network and offline payment service across Southeast Asia also enable millions of users in the region to access innovative financial services, leading them to better lives.

Prince Foundation Empowering Cambodian Students through Kite-making and Culture at SkyFest 2023

PHNOM PENH, CAMBODIA – Media OutReach – 11 May 2023 – Prince Foundation, the philanthropic arm of Prince Holding Group recently provided an opportunity for 2,000 university students, high school and children from Phnom Penh and Preah Sihanouk province to attend the SkyFest event, organized by Bay of Lights. The event aimed to promote Khmer culture and empower Cambodian youths for team building and learn cultural traditions.

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The SkyFest 2023 event, held on May 6th-7th at the Bay of Lights in Sihanoukville (SHV), was an international kite flying festival that brought together enthusiasts from nine different countries, including Cambodia, China, France, Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The event’s theme, “Khmer Can Fly,” aimed to represent the aspirations of Cambodian people to move towards a brighter future and to lead the next generation in understanding and appreciating the importance of preserving the cultural heritage surrounding the Khmer people’s kite craftsmanship.

Prince Foundation provided students with round-trip transportation, tickets and meals to participate in this joyful event. The participating students had the chance to experience the festival first-hand and learn about Khmer kite tradition from professional kiters, including Mrs. Cheang Yarin, a legendary local kiter. Additionally, the students were exposed to kites from other countries, which helped broaden their cultural horizons. Prince Foundation also provided students with the opportunity to experience team building and inter-school relationships through designing kites together in groups while having fun. These are lasting experiences that students can take home after joining this event.

Mr. Gabriel Tan, the head of Prince Foundation, said, “We are thrilled and humbled to have been a part of SkyFest 2023 and to provide this unique opportunity for Cambodian youths. Our goal is to empower young people and help preserve Khmer cultural heritage. We hope our CSR initiatives will inspire these students to continue to learn and grow, both personally and academically.”

Education and youth empowerment have been a key focus for Prince Foundation. One of the flagship projects of Prince Foundation is Chen Zhi Scholarship. The scholarship provides full tuition fees and stipends for 400 selected students to pursue tertiary education at three top Cambodian universities across seven years.

Under the leadership and philanthropy of Neak Oknha Chen Zhi, Chairman of Prince Holding Group, Prince Foundation will continue to work towards strengthening human capital upskilling efforts in Cambodia.

Hashtag: #PrinceFoundation #SkyFest2023 #Education #YouthEmpowerment

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

About Prince Foundation

Prince Foundation, founded in 2015, is one of Cambodia’s leading philanthropic foundations. A member of Prince Holding Group, which is one of the largest business groups in Cambodia, the Foundation aims to work with local communities to build thriving living and working environments that elevate people’s well-being and livelihoods following the vision: “Together, Building a Better Future for Cambodia”.

Focusing on education and youth development, healthcare, and community engagement initiatives, Prince Foundation works with partners to deliver sustainable programs that enhance opportunities for Cambodia’s youths, build resilience in communities and contributesto sustainable infrastructure.

The Foundation’s flagship projects are the Chen Zhi Scholarship, offering full scholarships, stipends, internship and work opportunities to 400 Cambodian university students over a period of seven years, and Prince Horology, where aspiring Cambodian watchmakers learn the art of Swiss-style watchmaking in a state-of-the-art facility. Prince Foundation has launched more than 260 philanthropic initiatives, benefiting over 1 million people, with donations exceeding US$16 million.

Infobip announces Microsoft Dynamics 365 Marketing integration to support marketing communications

Native SMS integration enhances Infobip’s collaboration with Microsoft following its deployment on Microsoft Azure

KUALA LUMPUR, MALAYSIA – Media OutReach – 11 May 2023 – Global cloud communications platform Infobip has enhanced its collaboration with Microsoft Dynamics 365 Marketing to help businesses meet customers on their preferred channels and boost return on investment from marketing campaigns. Microsoft has integrated Infobip’s SMS channels into its marketing platform, enabling Dynamics 365 users to send and receive text messages for real-time marketing.

Infobip SMS available natively as part of Microsoft marketing platforms

Infobip SMS available natively as part of Microsoft marketing platforms

Customers increasingly want to communicate with businesses and brands on the channels they use every day. So, brands must deliver real-time marketing promotions and campaigns via popular channels like SMS. Infobip’s native SMS integration with Dynamics 365 now allows marketing teams in enterprises to build real-time marketing campaigns using text messages to reach and engage customers. With a global reach and local presence, Infobip is the only global cloud communications platform multinational businesses will ever need to reach customers worldwide.
With this integration, businesses can respond to customer actions in real-time, send hyper-personalized messages and connect with customers on the channels they use most. Listed first among its competitors on the Dynamics 365 platform, Infobip’s SMS integration is available worldwide now through the real-time marketing module in Dynamics 365 Marketing.
Veselin Vuković, Vice President of Strategic Partnerships at Infobip, said: “Whether for sales, support or marketing, customers increasingly want to engage a business or brand over their preferred channels. For many, that means sending and receiving personalized text messages. That’s why we’ve enhanced our collaboration with Microsoft with our native SMS integration. In doing so, we’re helping enterprises meet their customers where they are and benefit from better customer loyalty and higher sales. I also want to reinforce all we have accomplished in concert with Microsoft where we are active players on both Microsoft Azure Marketplace and Microsoft Appsource, and as a Microsoft partner, we’ve now integrated our chatbot building platform Answers on Azure, provided WhatsApp for Business through Microsoft Bot Framework Composer and integrated SMS and WhatsApp solutions in Microsoft Dynamics 365 Sales. This further integration demonstrates how we are the one communication platform for every platform.”
Jim Nakashima, Head of Product Management, Microsoft Dynamics 365 Marketing, said: “Infobip adds value to Microsoft 365 Dynamics Marketing with its omnichannel communications solutions. Now, through our SMS integration with Infobip, businesses and brands using our platform can build and deliver real-time customer experiences including marketing campaigns over SMS, helping meet their customers where they are most likely to engage.”
This news follows Gartner’s latest Communications Platform as a Service report, which noted Infobip delivers a “complete CPaaS solution, including APIs for voice, SMS, email and an impressive array of OTT channels”.

Hashtag: #Infobip

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

About Infobip

Infobip is a global cloud communications platform that enables businesses to build connected experiences across all stages of the customer journey. Accessed through a single platform, Infobip’s omnichannel engagement, identity, user authentication and contact centre solutions help businesses and partners overcome the complexity of consumer communications to grow business and increase loyalty. With over a decade of industry experience, Infobip has expanded to 75+ offices globally. It offers natively built technology with the capacity to reach over seven billion mobile devices and ‘things’ in 6 continents connected to over 9,700+ connections of which 800+ are direct operator connections. Infobip was established in 2006 and is led by its co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić.

Recent award wins include:

  • Infobip named a leader in the CPaaS Leaderboard, Juniper Research (Feb 2023)
  • Infobip named a leader in the CCaaS Leaderboard, Juniper Research (Aug 2022)
  • Omdia Ranks Infobip as Leader in CPaaS Universe Report (May 2022)
  • Ranked the leading service provider in CPaaS by Juniper Research in its new Competitor Leaderboard CPaaS Vendors (October 2021)
  • Infobip named a Leader in the IDC MarketScape: Worldwide Communications Platform-as-a-Service (CPaaS) 2021 Vendor Assessment (doc #US46746221, May 2021)
  • Best A2P SMS provider for the fourth year running by mobile operators and enterprises in ROCCO’s annual Messaging Vendor Benchmarking Report
  • Best CPaaS Provider of the Year, Best RCS Provider of the Year, and Mover & Shaker in Telco Innovation at the 2021 Juniper Digital Awards

For more details, please visit:

OPPO Find N2 Flip Will Be One of the First Devices to Receive the Android 14 Beta 1 Update

SHENZHEN, CHINA – Media OutReach – 11 May 2023 – OPPO today announced its very first clamshell foldable phone – the Find N2 Flip will be one of the first smartphones in the world to receive the new Google Android 14 Beta 1 update. Developers and early-adopters can get their hands on the developer’s version of ColorOS built around the first beta of Android 14, experimenting with new features and APIs on their OPPO flip phone.

Caption

OPPO Find N2 Flip –One of the First Devices to Receive the Android 14 Beta 1 Update

“OPPO Find N2 Flip sets a high bar for new flip smartphones. We have combined industry-leading engineering and innovation with intuitive design principles to create Find N2 Flip.” said Peter Dohyung Lee, head of the flagship product line at OPPO. “Cooperating with Google, OPPO recently brought the Speech-to-Text feature to the cover screen of Find N2 Flip. Further with Android 14, we will continue to take foldable phones to new heights by combining cutting-edge hardware with unparalleled software.”

Android 14 includes several updates to enhance productivity, performance, privacy, security, and user customization. It offers more intuitive system user interfaces, such as the new mid-display back arrow and an improved system share sheet. To strengthen users’ privacy, the system allows apps to limit visibility of specified views only to accessibility services. These days, foldable devices provide an opportunity for innovative app development. Developers are also encouraged to use Android APIs, tools, and resources provided by Google to build apps designed for large and small screens.

Android 14 Beta 1 update will be available for OPPO Find N2 Flip, which was launched globally in February 2023. OPPO Find N2 Flip comes with one of the largest cover screens of its kind, the most invisible crease with the its New Generation Flexion Hinge, the day-long battery life with SUPERVOOC flash charging. Moreover, it also come with the promise of four major ColorOS updates and five years of security updates for its global users.

Developers can download the developer’s version of ColorOS built around Android 14 Beta 1 here right now. Later this year, Find N2 Flip global users can look forward to enjoying the public version of ColorOS based on Android 14.

Hashtag: #OPPO

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

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

About ColorOS

ColorOS is a highly customized, efficient, intelligent, and richly designed Android-based mobile OS from OPPO. With over 500 million global monthly active users, ColorOS supports 67 languages, including English, Hindi, Thai, and Indonesian.

Hang Lung Properties Collaborates with Zhejiang University and CLEANCO2 to Reduce Embodied Carbon at Westlake 66, Hangzhou

Advancing and Accelerating Progress to Tackle Building & Construction Sector’s Major Challenge through Innovation

SHANGHAI, CHINA – Media OutReach – 10 May 2023 – Hang Lung Properties (SEHK stock code: 00101) (“Hang Lung” or “the Company”) understands that radical changes are needed to reduce the embodied carbon that goes into building materials – a major challenge for the global building and construction sector. The Company is delighted to announce a two-year strategic collaboration (“Collaboration”) with a carbon capture, utilization and storage (CCUS) company CLEANCO2, to apply innovations including low carbon recycled concrete aggregate (RCA) and CLEANCO2 carbon storage concrete bricks (“low carbon concrete bricks”) to reduce the embodied carbon in Hang Lung’s Westlake 66 development in Hangzhou and other projects. Westlake 66 is also the first commercial development project to use low carbon concrete bricks in mainland China and Hong Kong.

Hang Lung Properties and CLEANCO2 ink a two-year strategic collaboration to apply innovations to reduce embodied carbon at Westlake 66, Hangzhou and other Hang Lung projects. (From left) Representatives from Hang Lung Properties include: Mr. Louis Tong, Deputy Director – Project Management, Mr. Adrian Lo, Director – Project Management, Mr. John Haffner, Deputy Director – Sustainability; and Representatives from CLEANCO2 include: Mr. Zhao Chao, CEO, Professor. Wang Tao, Zhejiang University, Mr. Jack Liu, COO
Hang Lung Properties and CLEANCO2 ink a two-year strategic collaboration to apply innovations to reduce embodied carbon at Westlake 66, Hangzhou and other Hang Lung projects. (From left) Representatives from Hang Lung Properties include: Mr. Louis Tong, Deputy Director – Project Management, Mr. Adrian Lo, Director – Project Management, Mr. John Haffner, Deputy Director – Sustainability; and Representatives from CLEANCO2 include: Mr. Zhao Chao, CEO, Professor. Wang Tao, Zhejiang University, Mr. Jack Liu, COO

The embodied carbon associated with buildings, which covers the carbon emissions created by the extraction, transportation, construction, maintenance, replacement, demolition, and disposal of building materials, contributes 11% of global carbon emissions and approximately 75% of a building’s total emissions over a typical 60-year lifetime. Its impact is fixed at the time of construction and cannot be reduced once the building is constructed.
Embodied carbon constitutes a major source of Scope 3 emissions – i.e., indirect emissions that occur along a company’s value chain – for real estate companies. In 2022, Hang Lung’s scope 3 emissions were about 72% of its overall emissions, with embodied carbon emissions from building materials its largest source of emissions. Hang Lung is squarely confronting embodied carbon reduction and the importance of having strategic collaboration partners to work together.
Mr. Adriel Chan, Hang Lung Properties Vice Chair, and Chair of its Sustainability Steering Committee, said: “Decarbonizing real estate, particularly from embodied carbon, is a marathon, not a sprint. We believe the partnership with CLEANCO2 and Zhejiang University will enable exciting innovations to move forward on this journey. At the same time, we will continue to work closely with our suppliers to reduce emissions through innovative and pragmatic solutions. We encourage other real estate companies to join in accelerating and scaling such innovations.”
“Concrete is the most used building material in the world, and we cannot ignore the impact of its carbon emissions. The strategic cooperation between Hang Lung Properties and CLEANCO2 is not only a solid step towards CLEANCO2’s ‘100 million tons vision’ – which is using CCUS technology to fix and sequester 100 million tons of CO2, but also a forward-looking exploration and attempt by both sides to reduce the embodied carbon for future buildings.” said Mr. Zhao Chao, CEO of CLEANCO2.
The collaboration will leverage CLEANCO2’s proprietary carbon dioxide mineralization technology to advance CCUS applications through two initiatives at Westlake 66, Hangzhou:
1) Low Carbon RCA
First, we are reusing waste concrete from our Westlake 66 development project in Hangzhou. The waste concrete will be crushed into aggregate and produced into low carbon RCA through a carbon dioxide mineralization process. A life cycle assessment has found that the low carbon RCA has significant potential to reduce emissions compared to normal aggregate when used as raw material for concrete. The Company and CLEANCO2 have completed a small scale pilot project with the low carbon RCA and are now evaluating this process at a medium scale, with 150 tons of waste concrete.
2) Low Carbon Concrete Bricks
Second, we will use CLEANCO2 low carbon concrete bricks on the secondary partition walls of the basement of our Westlake 66 project (the total number of bricks used can cover a wall area of around 17,000m2) – the first commercial development project in mainland China and Hong Kong to do so. These bricks will use cement, fly ash and other solid waste together with CLEANCO2’s carbon dioxide mineralization process. The embodied carbon emissions of the low carbon concrete bricks are expected to be 87.5% lower than conventional shale bricks.
The technology developed by CLEANCO2 originated from the State Key Laboratory of Clean Energy Utilization (CEU) of Zhejiang University. In 2020, as a supported R&D project under the 13th Five-Year Plan, the “Key Technologies of CO2 Deep Mineralization Curing Building Materials and 10,000-ton Industrial Demonstration” was completed by Zhejiang University. Since 2020, CLEANCO2 has officially cooperated with CEU. They have jointly undertaken several national and local research and development projects related to CCUS technology and jointly built the “Zhejiang University – CLEANCO2 United Laboratory of CO2 Mineralization Utilization Technology”, the first CO2 mineralization utilization experimental base in China with potential to achieve large-scale industrial production globally.
Westlake 66, Hangzhou is Hang Lung’s 11th large-scale development on the Mainland, comprising of a world-class shopping mall, five Grade A office towers, and the prestigious hotel Mandarin Oriental Hangzhou. It is scheduled for completion in phases from 2024 onwards.

Hashtag: #HangLung

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK Stock Code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Bybit’s User Base Booms, Exceeds 15 Million with a 50% Increase in Mere Months

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 10 May 2023 – Bybit, the world’s third most visited crypto exchange, announced a 50% increase in its global user base, growing from 10 million users in Q3, 2022 to 15 million to date. Bybit has released next-level products to create a winning streak — just like the Oracle Red Bull Racing car showpiece in its new Dubai office.

Bybit announced the grand opening of its global headquarters in Dubai on April 18th, signaling its large investment in the Middle East and North Africa (MENA) region. The opening of the new headquarters is part of the company’s broader strategy to build on its position as the second-largest crypto exchange in the region.

Bybit has attracted new users through a range of products, suiting all types of investors. Those more interested in earning yield can now take advantage of Bybit Lending, which launched May 2 and has seen lenders earn triple-digit APR. And lenders’ capital is protected as all borrowers must post collateral equal to or greater than the loan amount.

Given the innovation at Bybit, it’s no wonder Sui chose the exchange’s new token sale platform, ByStarter, as one of only three exchanges to host the crowd sale of its highly anticipated SUI token. And Bybit recently unveiled its AI program: Tools Discovery, which provides personalized product and strategy recommendations tailored to individual trading habits and preferences.

Top traders love the exchange’s new Position Builder, which allows clients to build positions easily using the full range of derivative products and trading strategies. Bybit also expanded its partnership with Paradigm, the fastest-growing crypto derivatives trading platform, to launch delta-1 spreads trading on USDT-margined instruments.

“Our team has worked tirelessly to make Bybit a top-performing crypto exchange with next-level opportunities from passive income to derivatives trading,” said Ben Zhou co-founder and CEO. “We are thrilled that our efforts have paid off, with Bybit hitting 15 million users globally just as we opened our global headquarters in Dubai. We are excited to demonstrate our commitment to innovation and growth, solidifying our position as a heavyweight player in the global crypto exchange market.”

More From Bybit

Hashtag: #Bybit #TheCryptoArk

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

About Bybit

Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports, and association football (soccer) team Borussia Dortmund.

For more information please visit:

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Infineon and Hon Hai Technology Group (Foxconn) sign MoU to partner on SiC collaboration and EV development

  • Leveraging Infineon’s automotive system understanding and SiC product offerings, and Foxconn’s capability in system-level integration, electronics design and manufacturing expertise.
  • Jointly establish a system application center in Taiwan to further expand the scope of their cooperation.

MUNICH, GERMANY AND TAIPEI, TAIWAN – Media OutReach – 10 May 2023 – Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), the global leader in automotive semiconductors, and Hon Hai Technology Group (“Foxconn”) (TWSE:2317), the world’s largest electronics manufacturing services provider, aim to establish a long-term partnership in the field of electric vehicles (EV) to jointly develop advanced electromobility with efficient and intelligent features. The Memorandum of Understanding (MoU) focuses on silicon carbide (SiC) development, leveraging Infineon’s automotive SiC innovations and Foxconn’s know-how in automotive systems.

Peter Schiefer (President of the Infineon Automotive Division), Jun Seki (Foxconn's Chief Strategy Officer for EVs) (from left to right)
Peter Schiefer (President of the Infineon Automotive Division), Jun Seki (Foxconn’s Chief Strategy Officer for EVs) (from left to right)

“The automotive industry is evolving. With the rapid growth of the EV market and the associated need for more range and performance, the development of electromobility must continue to advance and innovate,” said Peter Schiefer, President of the Infineon Automotive Division. “Infineon’s commitment and passion for innovation and zero-defect quality has made us the best partner for our customers. We look forward to writing a new chapter in electromobility together with Foxconn.”

“We are pleased to be working with Infineon and are confident that this collaboration will result in optimized architecture, product performance, cost competitiveness and high system integration to provide customers with the most competitive automotive solutions,” said Jun Seki, Foxconn’s Chief Strategy Officer for EVs.

According to the MoU, the two companies will collaborate on the implementation of SiC technology in automotive high-power applications like traction inverters, onboard chargers, and DC-DC converters. Both parties intend to jointly develop EV solutions with outstanding performance and efficiency based on Infineon’s automotive system understanding, technical support and SiC product offerings combined with Foxconn’s electronics design and manufacturing expertise and the capability of system-level integration.

In addition, the two companies plan to establish a system application center in Taiwan to further expand the scope of their cooperation. This center will focus on optimizing vehicle applications, including smart cabin applications, advanced driver assistance systems and autonomous driving applications. It will also address electromobility applications such as battery management systems and traction inverters. The collaboration covers a wide range of Infineon’s automotive products, including sensors, microcontrollers, power semiconductors, high-performance memories for specific applications, human machine interface and security solutions. The system application center is expected to be established within 2023.
Hashtag: #Infineon #Foxconn #automotive #electricvehicles


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).

Infineon is at the core of the transformation of the automotive industry towards sustainable mobility. Further information on Infineon’s mobility solutions is available at

Further information is available at

This press release is available online at

About Hon Hai

Established in 1974 in Taiwan, Hon Hai Technology Group (“Foxconn”) (TWSE:2317) is the world’s largest electronics manufacturer and leading technological solutions provider, ranking in the top 20 among the Fortune Global 500. In 2022, revenue totaled TWD6.62 trillion (approx. USD220 billion or EUR200 billion). The Group’s market share in electronics manufacturing services (EMS) exceeds 40% and covers four major product segments: smart consumer electronics; cloud and networking; computing; and components and others. The Group operates 173 campuses across 24 countries and is one of the world’s largest employers with over a million employees during peak manufacturing season. The Group has expanded its capabilities into the development of electric vehicles, digital health, and robotics, and three key technologies – new-generation communications technology, AI, and semiconductors – which are key to driving its long-term growth strategy. It is dedicated to championing environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.

To learn more, visit

AGON by AOC secures number 1 spot as the world’s leading gaming monitor brand

SINGAPORE – Media OutReach – 10 May 2023 – AGON by AOC – leading gaming monitor and IT accessories brand – proudly announces its position as the world’s number one gaming monitor brand, as declared by the IDC Quarterly Gaming Tracker report for Q4/2022. The gaming-focussed sub-brand of the display specialist AOC, AGON by AOC, has outpaced its competitors to secure the top spot on the global gaming monitor market, thanks to the cutting-edge technologies offered (such as MiniLED and DisplayHDR 1400), exceptional performance (with refresh rates up to 360 Hz), and unwavering commitment to providing the ultimate gaming experience. In the last year, AGON by AOC launched its 5th generation of AGON monitors with refreshed designs as well as fast, responsive panels, and introduced brand-new technologies in its AGON PRO line-up.

AGON by AOC: Unleashing the ultimate gaming experience worldwide

Kevin WU, General Manager of MMD Singapore, says, “We are thrilled to be the world’s top gaming monitor brand. This couldn’t be possible without the incredible support of the gaming scene and customers worldwide who faithfully trust our expertise to deliver exceptional products with great value. As we continue to grow, we are committed to bringing innovative and state-of-the-art products to the market, tailored to the preferences of our diverse gaming community.”

AGON by AOC offers a comprehensive line-up of gaming monitors, which appeals to a wide range of gamers with its three sub-categories:

AOC GAMING: Designed for casual and core gamers, these monitors accommodate players of all skill levels, from content creators and streamers to those who relish the thrill of exploration and adventure. The AOC GAMING line emphasizes the importance of the gaming experience itself, providing diverse options that cater to gamers’ varying moods and interests. The AOC GAMING category offers a value-focussed approach to deliver high-quality, high-performance monitors to a mass audience of entry-level as well as intermediate gamers, with products such as the renowned 27G2SP,25G3ZM or Q27G2S/EU monitors.

AGON: Tailored to mainstream and hardcore gamers, the AGON line-up serves competitive players who aspire to become heroes in the gaming scene, like their favourite streamer or top esports players. With a premium design and useful extra features, AGON monitors excel in providing a seamless and immersive gaming experience for multiplayer esports titles, such as shooter and MOBA games. AGON’s 5th generation monitors offer the latest 32-inch AG325QX with a 180 Hz refresh rate and response times as low as 1 ms GtG, empowering competitive gamers to unleash their true capabilities with fast reflexes and fast decision-making.

AGON PRO: Crafted for high-end gamers, AGON PRO monitors minister to high-level content creators, influencers and professional esports athtletes, such as the renowned G2 Esports, RNG and Furia Esports teams sponsored by AGON by AOC, who demand the best in gaming technology. These individuals are driven by competition, strive to achieve personal bests, and seek superior features, exceptional performance, as well as unparalleled quality to indulge their passion for gaming. AGON PRO monitors deliver an unmatched experience for popular esports, shooter, MOBA and similar titles, and the line-up offers custom designed monitors such as the League of Legends branded AG275QXL, too. AGON PRO models come with cutting-edge technologies such as MiniLED backlighting to achieve 1000 nits brightness and localized dimming zones (AG274QXM), or high refresh rates of up to 360 Hz and pro tools such as the NVIDIA Reflex Analyzer (AG254FG). Thanks to built-in features such as a KVM switch and USB-C connectivity (AG324UX), these models improve productivity for content creators and professionals, whilst included add-ons such as the Screen Shield (in selected models) or QuickSwitch controller vastly improve the gaming experience, whether on stage at esports tournaments or in the comfort of one’s own living room. Stay tuned for AGON PRO’s 6th generation of monitors that will bring long-awaited technologies to gamers worldwide.

AGON by AOC extends its heartfelt gratitude to the gaming community and customers for their trust and continued support. The brand pledges to maintain its relentless pursuit of innovation, ensuring that gamers are equipped with the best tools to conquer their favorite games.

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About AOC

Founded in 1967, AOC is a globally leading monitor and IT accessories brand and a subsidiary of TPV Technology Limited, the world’s largest LCD manufacturer. AOC’s comprehensive product portfolio provides innovative, ergonomic, environmentally conscious and stylish solutions for professional as well as personal applications.

The sub-brand of AOC, AGON by AOC, offers one of the world’s strongest portfolios of high-performance gaming monitors and a complete ecosystem of gaming accessories grouped in three categories: AOC GAMING for core gamers, AGON for competitive gamers and AGON PRO for esports enthusiasts and professional esports players. Since 2020 AGON by AOC has been one of the leading gaming monitor brands and a top choice of gamers worldwide.