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Education Cannot Wait Scales-Up Funding for Education in Somalia with US$17 Million Catalytic Grant

Total ECW funding in the Federal Republic of Somalia now tops US$64.2 million. The Multi-Year Resilience Programme will be delivered by a consortium of international and local civil society organizations, reaching 43,000 children with life-saving education.

NEW YORK, May 10, 2025 /PRNewswire/ — For over 25 years, Somalia has faced persistent conflict, insecurity and climate change-related crises, severely impacting the lives and lifelong trajectories of the nation’s children.

“The children and adolescents of Somalia have suffered far too long. Yet, they have so much to give – provided they are empowered with a quality education. We will not allow Somalia to be another ‘forgotten crises.’” - ECW Director Yasmine Sherif.
“The children and adolescents of Somalia have suffered far too long. Yet, they have so much to give – provided they are empowered with a quality education. We will not allow Somalia to be another ‘forgotten crises.’” – ECW Director Yasmine Sherif.

In response to the ongoing situation, Education Cannot Wait (ECW) and its strategic partners announced today a new US$17.1 million grant that will reach over 43,000 children with safe, quality education opportunities. Total ECW funding in Somalia now tops US$64.2 million.

The humanitarian needs far outpace the resources available in Somalia and other forgotten crises worldwide. Somalia’s Humanitarian Needs and Response Plan 2025 remains severely underfunded, according to OCHA’s Financing Tracking Service. Prior to the new tranche of ECW funding, only 29% of the overall US$68.6 million humanitarian appeal for education was funded.

“The children and adolescents of Somalia have suffered far too long. Yet, they have so much to give – provided they are empowered with a quality education. We will not allow Somalia to be another ‘forgotten crises,'” said ECW’s Director Yasmine Sherif. “More than half of Somalia’s school-aged children – 4.5 million – are out of school today. ECW is a pooled funding mechanism advancing joint programming. Our additional financial investment will thus enable all our partners in Somalia to jointly deliver continued quality education. Clearly, education is the best investment to empower crisis-affected communities to take the reins, steer their own destiny and end dependency on aid.”

The United Kingdom is ECW’s second-largest donor, with US$277 million in total contributions to date. The Foreign, Commonwealth and Development Office (FCDO) leads the donor group in Somalia and was instrumental in developing the expanded programme.

“The UK is absolutely committed to working with the Federal Government of Somalia and partners like Education Cannot Wait for a more secure and stable future for all Somali children,” said British Ambassador to Somalia Mike Nithavrianakis. “Today’s programme launch is unique because it provides predictable, long-term funding for some of the most vulnerable, crisis-affected children in Somalia. It will also support the Federal Government of Somalia’s efforts to strengthen the education system. Education gives children normality, protection and hope. Educating children is the best way to ensure a better future for Somalia, which is why we’re proud to partner with Education Cannot Wait.”

The programme builds on ECW’s US$47.1 million in total investments in Somalia, which have already reached more than 300,000 children and adolescents with a quality education. The programme will be delivered by the Adventist Development and Relief Agency (ADRA) in coordination with the Federal Republic of Somalia. Consortium partners include Save the Children, Concern Worldwide and the Formal Education Network for Private Schools (FENPS). 

“Education is the foundation of opportunity and progress, and ensuring that every child in Somalia has access to quality learning is a priority for our ministry. The partnership with Education Cannot Wait represents a vital commitment to expanding educational access for children affected by the crisis, enabling them to continue their studies and build a brighter future. Through this collaboration, we reaffirm our dedication to providing safe and inclusive learning environments, and empowering the next generation with the skills and knowledge they need to thrive,” said Farah Sheikh Abdulakdir, Minister of Education, Culture and Higher Education, Federal Republic of Somalia.

“This Multi-Year Resilience Programme is more than a programme – it is a lifeline for thousands of children across Somalia who have been denied their right to education due to conflict, climate shocks and displacement. ADRA is proud to lead this transformative effort alongside our partners Save the Children, Concern Worldwide and FENPS – organizations deeply rooted in the communities we serve and experienced in delivering education in emergency contexts,” said Jorge Silva, Country Director, ADRA Somalia. “Together, we will work hand-in-hand with government, ECW, local organizations, Somalia’s education cluster and communities to ensure that children not only access school, but thrive in safe, inclusive and supportive learning environments. This is how we build resilience. This is how we build the future.”

Political, social and economic instability, compounded by climate change-induced disasters, has led to widespread displacement, acute food insecurity and limited access to essential services including education in Somalia.

Progress is being made, but it is uneven. Seven out of ten Somalis still live below the poverty line. The number of people requiring humanitarian assistance in Somalia peaked in 2023 at 8.25 million. That number is projected to decrease to approximately 6 million in 2025. Nevertheless, protracted conflict, political and economic instability, climate change, and other social and cultural barriers have created wide and systemic fragility in Somalia’s education system.

The new programme will be delivered in six locations within the Federal Republic of Somalia. Programme interventions focus on ensuring access to safe and protective learning environments for vulnerable girls and boys, including refugees, returnees and other at-risk groups such as children with disabilities. It also seeks to improve holistic learning outcomes such as basic numeracy, literacy and social-emotional learning, and strengthen the resilience of the education system.

Note to Editors

About Education Cannot Wait (ECW): 
Education Cannot Wait (ECW) is the global fund for education in emergencies and protracted crises in the United Nations. We support quality education outcomes for refugee, internally displaced and other crisis-affected girls and boys, so no one is left behind. ECW works through the multilateral system to both increase the speed of responses in crises and connect immediate relief and longer-term interventions through multi-year programming. ECW works in close partnership with governments, public and private donors, UN agencies, civil society organizations, and other humanitarian and development aid actors to increase efficiencies and end siloed responses. ECW urgently appeals to public and private sector donors for expanded support to reach even more vulnerable children and youth.

On X/Twitter, please follow:@EduCannotWait @YasmineSherif1 @KentPage

Additional information available at:www.educationcannotwait.org

 

Forging an AI Cloud Foundation: Huawei Cloud Accelerates Intelligence with APAC Partners

PHUKET, Thailand , May 10, 2025 /PRNewswire/ — On May 9, Huawei Cloud successfully hosted its APAC Partner Summit 2025 in Thailand, centered around the theme “Go Together, Grow Together” and the transformative power of AI across industries. The conference brought together over 400 partners from more than 10 countries and regions to discuss ecosystem development in the AI era and collectively accelerate intelligence.

In her opening remarks, Jacqueline Shi, President of Huawei Cloud Global Marketing and Sales Service, underscored Huawei Cloud’s strong commitment to collaborating with partners to capitalize on strategic AI opportunities within the Asia Pacific region. Recognizing the growing demand for accelerated AI deployment across government, finance, carrier, and Internet sectors globally, Huawei Cloud is comprehensively enhancing the competitiveness of its AI cloud service products and solutions to empower partners in expanding their market reach. By working closely with partners to co-develop industry-specific solutions and explore high-value application scenarios, Huawei Cloud aims to drive new growth through precise alignment with customer needs. Furthermore, Huawei Cloud has established a dedicated competence center in Asia Pacific to systematically build a robust enablement framework for partners, encompassing technical training, delivery support, and collaborative market initiatives. This strategic investment is designed to enhance partners’ business monetization and ensure their sustainable development.

Jacqueline Shi, President of Global Marketing and Sales Service, Huawei Cloud
Jacqueline Shi, President of Global Marketing and Sales Service, Huawei Cloud

Increasing Local Presence, Activating Growth Momentum

As a pivotal engine of global economic expansion, the Asia Pacific region stands as a significant force driving technological innovation and intelligent upgrades. Within this dynamic landscape, characterized by massive digital economy opportunities, Huawei Cloud continues to prioritize localization and technological advancement. It has deployed five Regions and 18 availability zones across Asia Pacific, achieving an impressive 50 ms low-latency network coverage spanning the region. Leveraging its industry-specific expertise, global experience, and ongoing talent development initiatives, Huawei Cloud has become the preferred cloud service provider for leading enterprises. The company’s overall business scale in the region has grown thirtyfold in the past five years, positioning Huawei Cloud as the fastest-growing cloud service provider in Asia Pacific. Currently, Huawei Cloud collaborates with over 2,500 local partners in Asia Pacific. In 2024, partner revenue experienced a substantial 75% increase.

Sunny Shang, President of Huawei Cloud Asia Pacific, emphasized: “Huawei Cloud has always recognized the power of a strong ecosystem. Our partners are the core driving force behind our sustained growth.” To further empower partners in accelerating their market expansion within Asia Pacific, he unveiled the Partner Sales Acceleration Program 2.0, a comprehensive initiative providing support across three key pillars: technological innovation, capability enhancement, and resource sharing. This program includes the joint development of 50 industry solutions with partners, backed by millions of dollars in test coupons, the establishment of partner competence centers to strengthen joint go-to-market strategies, a threefold increase in the market development fund (MDF) investment, and an optimized opportunity-sharing mechanism. Through these efforts, Huawei Cloud is working hand-in-hand with its partners to unlock new avenues for growth.

Sunny Shang, President of Huawei Cloud Asia Pacific
Sunny Shang, President of Huawei Cloud Asia Pacific

To expedite the expansion of key industries within Asia Pacific, Huawei Cloud launched the Industry Deep-Dive Initiative, focusing on the Internet, finance, and carrier sectors. Huawei Cloud is committed to collaborating with partners to construct an open, collaborative, and sustainable digital ecosystem, deeply exploring industry value through scenario-specific innovation and achieving a comprehensive upgrade of customer service capabilities.

Industry Deep-Dive Initiative launch ceremony
Industry Deep-Dive Initiative launch ceremony

Forging an AI-Native Cloud to Embrace Intelligence

AI has firmly established itself as the most influential general-purpose technology across industries. Joy Huang, President of Huawei Cloud Strategy & Industry Development, affirmed Huawei Cloud’s dedication to building AI-native cloud services and spearheading intelligent upgrades through its “Cloud for AI” and “AI for Cloud” strategy. Huawei Cloud offers six fundamental capabilities to support both customers’ intelligent transformation and a thriving partner ecosystem: high-quality, secure, and stable cloud services; global cloud infrastructure KooVerse; cloud native technologies; AI powered by foundational technologies; data-AI convergence based on a knowledge lake; and seamless cloud-network-device synergy.

Joy Huang, President of Strategy & Industry Development, Huawei Cloud
Joy Huang, President of Strategy & Industry Development, Huawei Cloud

William Fang, Huawei Cloud Chief Product Officer, detailed how Huawei Cloud is reshaping cloud infrastructure through full-stack innovation with its AI-native cloud. To address the demands of massive computing power, Huawei Cloud provides AI-native infrastructure CloudMatrix, AI-native storage, and distributed cloud solutions for diverse scenarios. Furthermore, Huawei Cloud integrates Pangu models with specialized expertise and data across product R&D, data governance, security, and service O&M. These innovations are designed to enable enterprises to seamlessly incorporate AI technologies into their core business processes. Underpinned by new AI computing centers strategically located in Asia Pacific, Huawei Cloud is empowering Asia Pacific enterprises to develop and scale their AI services natively on the cloud.

William Fang, Chief Product Officer, Huawei Cloud
William Fang, Chief Product Officer, Huawei Cloud

At the conference, Huawei Cloud introduced the APAC AI Pioneer Plan to foster AI technology innovation and solution development in collaboration with ecosystem partners, in an effort to accelerate the widespread adoption of AI technologies throughout the Asia Pacific region.

Huawei Cloud APAC AI Pioneer Plan launch ceremony
Huawei Cloud APAC AI Pioneer Plan launch ceremony

Building a Thriving Ecosystem by All, for All

In the AI era, a vibrant ecosystem is paramount for maintaining competitive edge and ensuring sustainable development. Ken Kang, President of Huawei Cloud Global Ecosystem, emphasized that the AI ecosystem will be the defining force shaping the future of the intelligent world. Huawei Cloud’s long-term investments in core technologies and ecosystem building are focused on creating an open, full-stack ecosystem encompassing everything from model development to application implementation around AI cloud services. This strategy aims to empower partners with differentiated competitiveness, drive cross-industry AI applications, and unlock significant growth potential.

Ken Kang, President of Huawei Cloud Global Ecosystem
Ken Kang, President of Huawei Cloud Global Ecosystem

Yu Liang, Director of Huawei Cloud Overseas Cloud Ecosystem Development & Operation, articulated Huawei Cloud’s ecosystem philosophy centered on collaborative development, sales, and marketing for mutual success. Huawei Cloud is committed to working alongside partners to expedite the creation of AI-driven industry capabilities, with an emphasis on developing scenario-specific joint solutions. Through the PCE program, Huawei Cloud facilitates opportunity sharing, unlocks access to valuable markets, and ensures the collective success across the ecosystem. Moreover, Huawei Cloud will continue to refine its enablement framework, collaborating with leading local universities and enterprises to cultivate virtual human talent, thereby establishing a robust foundation for the ecosystem’s future.

Yu Liang, Director of Huawei Cloud Overseas Cloud Ecosystem Development & Operation
Yu Liang, Director of Huawei Cloud Overseas Cloud Ecosystem Development & Operation

Dale Chen, Director of Partner Development, Huawei Cloud Asia Pacific, outlined Huawei Cloud’s Asia Pacific partner strategy, which centers on two key priorities: diving into industries and creating more value. The first is to deepen joint innovation within key industries such as Internet, finance, and carriers, establish an Asia Pacific industry ecosystem alliance, and cultivate a robust industry developer ecosystem. The second priority is to enhance the partner sales acceleration program through four key initiatives: precision marketing, partner-centric GTM, TAM support, and healthy market, thereby systematically improving partners’ service delivery capabilities.

Dale Chen, Director of Partner Development, Huawei Cloud Asia Pacific
Dale Chen, Director of Partner Development, Huawei Cloud Asia Pacific

Jet Liu, Director of Huawei Public Cloud Operations, highlighted in his presentation that the rapid advancements in AI are empowering SMBs with equitable access to foundation model technologies. However, he noted that many enterprises encounter challenges related to data and service integration. To address these hurdles, Huawei Cloud has launched All-scenario LLM Solution for SMBs, leveraging Flexus, a tailored offering for SMBs, and Dify, a widely adopted open-source AI application development platform. The high-availability Dify mitigates open-source risks and performance limitations for enterprises. Furthermore, the RAG solution allows businesses to swiftly implement chat functionalities leveraging their internal knowledge libraries. Foundation model scenario innovation empowers enterprises to seamlessly integrate these models into practical business applications. Huawei Cloud’s vision is to enable SMBs to effortlessly utilize AI models on its platform, inviting more partners and customers to collaborate on AI model scenario innovation and achieve accelerated business growth on Huawei Cloud.

Jet Liu, Director of Huawei Public Cloud Operations
Jet Liu, Director of Huawei Public Cloud Operations

Guided by the principles of joint construction, open sharing, and shared success, Huawei Cloud is steadily cultivating a healthy and sustainable ecosystem. Currently, Huawei Cloud has more than 45,000 partners and more than 12,000 KooGallery offerings. At the conference, partners including AIS, Orange Business, SCash Global, MFEC, Silverlake, OnePro Cloud, Automated Systems, Promes, and Chulalongkorn University shared their successful collaborations with Huawei Cloud, highlighting joint innovation initiatives and business implementation progress, and showcasing the tangible achievements of Huawei Cloud’s ecosystem collaboration. Looking ahead, Huawei Cloud remains committed to working closely with its partners to ground technologies in local needs, build a thriving ecosystem, and accelerate the intelligent transformation of industries.

 

SEMI Applauds New Bill to Clarify Tax Credit Eligibility for Critical Semiconductor Suppliers Under U.S. CHIPS Act

MILPITAS, Calif., May 10, 2025 /PRNewswire/ — SEMI, the industry association serving the global semiconductor and electronics design and manufacturing supply chain, today announced support of the Strengthening Essential Manufacturing and Industrial Investment Act (SEMI Investment Act), which clarifies that critical materials suppliers to semiconductor manufacturers are eligible for the Advanced Manufacturing Investment Tax Credit (“Section 48D”) created by the United States CHIPS and Science Act.

Introduced by Senators Marsha Blackburn (R-Tenn.), Michael Bennet (D-Colo.), Thom Tillis (R-NC) and Chris Coons (D-Del.), the SEMI Investment Act would help make semiconductor materials an equal part of America’s investment in advanced semiconductors and contribute to a secure, domestic semiconductor supply chain.

“The investment tax credit is a critical tool to accelerate construction of the semiconductor ecosystem in the United States and may be the most powerful incentive to onshore critical technologies powering the AI revolution,” said Ajit Manocha, SEMI President and CEO. “Materials manufacturing projects are equally critical to ensuring that leading-edge logic and memory products are available to fuel skyrocketing AI and high-performance computing demand across the world. The SEMI Investment Act will help ensure these critical projects get built in the United States. We are deeply grateful to Senators Blackburn, Bennet, Tillis and Coons for bringing this important legislation forward to clarify Congress’ original intent underlying Section 48D of the CHIPS and Science Act.”

The SEMI Investment Act amends the Internal Revenue Code of 1986 to clarify that 48D Tax Credit includes materials integral to the manufacturing of semiconductors and semiconductor manufacturing equipment. The bill will ensure that critical materials projects can access the same 25 percent investment tax credit that semiconductor manufacturing and semiconductor manufacturing equipment projects have access to today.

“SEMI looks forward to working with Congress and the Trump Administration to pass the SEMI Investment Act into law,” said Manocha. “The bipartisan support for this legislation highlights it as a critical step for the U.S. to strengthen its semiconductor industry, national security, and economic competitiveness. Additionally, the act would help prevent vital materials companies from moving overseas and ensure that American manufacturers realize the benefits of the semiconductor incentives investment Congress originally intended under the CHIPS and Science Act.”

Visit SEMI Global Advocacy to learn more about public policy efforts and developments.

About SEMI
SEMI® is the global industry association connecting over 3,000 member companies and 1.5 million professionals worldwide across the semiconductor and electronics design and manufacturing supply chain. We accelerate member collaboration on solutions to top industry challenges through Advocacy, Workforce Development, Sustainability, Supply Chain Management and other programs. Our SEMICON® expositions and events, technology communities, standards and market intelligence help advance our members’ business growth and innovations in design, devices, equipment, materials, services and software, enabling smarter, faster, more secure electronics. Visit www.semi.org, contact a regional office, and connect with SEMI on LinkedIn and X to learn more.

Association Contact

Samer Bahou/SEMI US
Phone: 1.408.943.7870
Email: sbahou@semi.org 

 

Smart Audio Pair RecDot and NoteKit Synchronize Family and Work Schedules for Busy Moms

SEATTLE, May 10, 2025 /PRNewswire/ — This Mother’s Day, intelligent-technology company viaim shifts the spotlight from bouquets to bandwidth, highlighting how its RecDot earbuds and NoteKit workspace software helped Seattle project manager Sarah Johnson navigate a midweek schedule that ranged from a dawn status call to an evening budget review — all without missing a single moment of her eight-year-old daughter Lily’s day. Just one year ago, Sarah’s Wednesdays often ended with midnight note-taking and early-morning catch-ups. Today, the transformation is profound — viaim’s tools allow her to reclaim time, clarity, and peace of mind. The case demonstrates how thoughtfully designed AI can ease the tension between professional urgency and family presence.

Mother’s Day annually spotlights the number of hats modern mothers wear, yet celebrations rarely address the mechanics of holding them all in place. Before using RecDot, Sarah’s Wednesdays often ended well past midnight rewatching calls she was unable to fully catch, rewriting rushed notes, and trying to remember what slipped through during the school run. Now, her typical Wednesday begins at 7:00 a.m. in a bustling kitchen alive with frying pans and homework questions. When her London-based client dialed in five minutes early, she tapped RecDot’s adaptive-noise-cancellation mode, which muted kitchen clatter for everyone on the call. A spoken tag “action item, security test” created a timestamped marker in the recording, and within minutes NoteKit’s transcription engine packaged the request into a task that appeared in Slack while breakfast was still on the table. This quiet moment of control let her mind focus on being present for her daughter.

viaim
viaim

At 5:00 p.m., the setting shifted to the local soccer field. Lily’s team was warming up when an unscheduled budget review hit Sarah’s calendar. Without leaving the sidelines, she joined the conference through the same earbuds. NoteKit streamed a verbatim transcript to her phone; as the CFO confirmed a ten-percent cost adjustment, the software extracted three deliverables and assigned deadlines in Asana. The automated workflow wrapped up just as Lily’s winning goal hit the net. This time, Sarah didn’t have to choose between being present or productive. She caught both.

The house was quiet by 9:30 p.m., and NoteKit had already consolidated the day’s recordings and tags. Corporate milestones and family events appeared side-by-side on a single timeline, ensuring next week’s product demo would not conflict with Lily’s vaccination appointment. The picture of complete coverage was not just useful from an organizational standpoint, it was deeply reassuring to know everything was accounted for. Device-usage logs later showed that Sarah spent a full two hours less on administrative follow-up than on comparable days before adopting the viaim tools.

Reflecting on the changes in her daily work, Sarah shared, “I used to think being a strong mom meant trading sleep for spreadsheets. RecDot and NoteKit proved that real strength is hearing my child laugh while finalizing a compliance plan. That joy — knowing I’m present for her and productive at work — is something I never thought technology could deliver. I’m no longer half a mother or half a manager; I’m fully both.”

Adding to this, viaim’s Chief Product Officer, Alex Chen, stated, “Technology should lift pressure, not add another checklist. By combining accurate transcription, intelligent summarization and calendar syncing, we give parents room to focus on what truly matters, whether that’s a code review or a penalty kick.”

As the responsibilities carried by mothers grow more complex, they need more than ceremonial well wishes. RecDot and NoteKit don’t just organize information — they empower working parents with clarity, presence, and pride. By integrating RecDot and NoteKit, viaim offers working parents a practical path to regain control of their time and their attention. The company invites employers and families alike to consider tools that lighten cognitive load — not just on Mother’s Day, but every day.

Discover more at https://store.viaim.ai.

About viaim

viaim is dedicated to “Real Intelligence,” enhancing workplace efficiency and creativity through innovative AI products. Its flagship offerings include viaim RecDot earbuds with multilingual transcription and noise reduction capabilities, and viaim NoteKit, an intelligent meeting tool for capturing summaries and to-do lists.

VEGAN K-BEAUTY SUN CARE FOR SENSITIVE SKIN — NOW 25% OFF ON AMAZON

SEOUL, South Korea, May 10, 2025 /PRNewswire/ — BRING GREEN, the vegan K-beauty skincare brand from CJ Olive Young, South Korea’s largest beauty retailer, is launching its Tea Tree Cica sun care line in the U.S. market via Amazon this May. The new products include the Tea Tree Cica Facial Sun Cushion and Tea Tree Cica Sun Cream, both featuring a lightweight formula tailored for sensitive skin.

BRING GREEN’s Tea Tree Cica Sun Duo Facial Sun Cushion and Sun Cream for calm, protected skin.
BRING GREEN’s Tea Tree Cica Sun Duo Facial Sun Cushion and Sun Cream for calm, protected skin.

BRING GREEN’s sun care line features gentle yet effective soothing ingredients like tea tree and centella asiatica (cica), designed to soothe sensitive skin while delivering SPF 50 broad-spectrum protection. The products come in a refreshing mint green tint to help visibly tone down redness and even out skin tone.

Launch Products:

Both products will be available on Amazon starting May 9, with a special Mother’s Day promotion offering 25% off from May 9–13 (PST).

BRING GREEN’s tea tree and cica are cultivated at the Jeju Plant Resource Institute in Korea, backed by 25 years of expertise. The ingredients are known to be five times more hydrating and soothing than conventional sources, thanks to the island’s rich mineral soil.

Already a cult favorite in Korea, the Sun Cushion is especially popular for its buildable, non-patchy texture that allows easy touch-ups throughout the day—without disrupting makeup or leaving white cast. The products are EVE VEGAN certified, aligning with BRING GREEN’s commitment to cruelty-free and animal-free beauty.

“We’re excited to introduce our gentle, high-performance sun care to North American customers just in time for summer,” said Gina Kim, Marketing Manager at BRING GREEN. “These products deliver more than just UV protection—they help soothe sensitive skin, offer convenience, and come at an affordable price point. We believe they’ll be a hit among conscious beauty lovers.”

BRING GREEN is well known for its bestselling Tea Tree Soothing Toner, Cleansing Foam, and Zinc Teca Blemish Serum, the latter recently featured by a U.S. beauty magazine as a “Best for Sensitive Skin” pick. The Tea Tree Cica Trouble Cleansing Foam also received top marks in recent consumer surveys in Korea for its clean ingredient list, gentle cleansing power, and brightening effects.

About CJ Olive Young

CJ Olive Young, established in 1999, is South Korea’s leading beauty and health retailer. Our brand name, “Olive Young,” embodies the philosophy of “All Live Young,” reflecting our vision for everyone to live a healthy and beautiful life at all times. Through its flagship store, “Olive Young,” it offers trendy and radiant K-beauty products to customers worldwide. With over 1,370 stores, more than 20 years of expertise, data-driven insights, and strong partnerships, Olive Young curates a distinguished selection of K-beauty and wellness products. As a subsidiary of CJ Group, a global lifestyle company, CJ Olive Young continues to lead the industry by delivering the value of healthy beauty to customers worldwide. For more information, visit global.oliveyoung.com.

Desay Battery brings innovative energy storage solutions to the smarter E Europe 2025, signs key cooperation agreements with TÜV Rheinland and DOS

HUIZHOU, China, May 10, 2025 /PRNewswire/ — Desay Battery, a global leading energy storage solution provider, showcased its innovations at The Smarter E Europe 2025 exhibition in Germany, Europe’s largest energy industry exhibition alliance, which took place from May 7 to 9 in Munich.

During the event, Desay Battery launched its new UPS 2.0 battery. This innovative solution is tailored for data center operators, IT departments of large enterprises, network and communications service providers, and more. Compatibility with existing systems and adherence to stringent safety and environmental protection standards highlight its versatility. The UPS 2.0 features a single lithium-ion cabinet that supports 300kVA and is designed for a lifespan of up to 15 years, effectively reducing project costs. Additionally, the intelligent monitoring system enables real-time tracking of battery status and predictive maintenance, while active safety management is enhanced through optional early fire detection and access to a cloud-based security network management platform.

Following the UPS 2.0 launch, Desay Battery signed a strategic agreement with TÜV Rheinland to accelerate European market expansion, covering EU certification for UPS 2.0 (49kWh, 8C) and its 5MWh energy storage container. The company also established a 2GW partnership framework with DOS Primärenergie Sonne GmbH (DOS), enhancing renewable energy collaboration across Middle Eastern and Latin American markets. These collaborations strengthen Desay’s global energy storage supply chain position while creating a replicable model for Gulf countries’ energy transition. The strategic moves underscore Desay’s commitment to international market development and sustainable energy solutions through technological innovation and cross-border partnerships.

Moreover, Desay Battery features a range of standout products at smarter E Europe 2025, including high-performance lithium-ion cells (DLP-100, DLP-280, DLP-314), the DSP-60 sodium-ion battery, and modular energy storage systems with 100Ah and 280Ah lithium modules. More highlights are the Lumos 215kWh and 344kWh C38I DC ESS energy storage cabinets, 10-25kWh LV Residential ESS, 21kWh HV DCDC Residential ESS (280Ah), and the Vita 5MWh Utility ESS liquid-cooled container storage system along with UPS battery cabinets.

Recently, Desay Battery was included in the BloombergNEF Energy Storage Tier 1 List for Q2 2025. Looking ahead, Desay Battery plans to further expand its presence in the global energy storage market and continue to invest in R&D to meet the growing demand for clean energy.

For more information, please visit http://www.desayest.com.

Desay Battery brings innovative energy storage solutions to the smarter E Europe 2025, signs key cooperation agreements with TÜV Rheinland and DOS

HUIZHOU, China, May 9, 2025 /PRNewswire/ — Desay Battery, a global leading energy storage solution provider, showcased its innovations at The Smarter E Europe 2025 exhibition in Germany, Europe’s largest energy industry exhibition alliance, which took place from May 7 to 9 in Munich.


During the event, Desay Battery launched its new UPS 2.0 battery. This innovative solution is tailored for data center operators, IT departments of large enterprises, network and communications service providers, and more. Compatibility with existing systems and adherence to stringent safety and environmental protection standards highlight its versatility. The UPS 2.0 features a single lithium-ion cabinet that supports 300kVA and is designed for a lifespan of up to 15 years, effectively reducing project costs. Additionally, the intelligent monitoring system enables real-time tracking of battery status and predictive maintenance, while active safety management is enhanced through optional early fire detection and access to a cloud-based security network management platform.

Following the UPS 2.0 launch, Desay Battery signed a strategic agreement with TÜV Rheinland to accelerate European market expansion, covering EU certification for UPS 2.0 (49kWh, 8C) and its 5MWh energy storage container. The company also established a 2GW partnership framework with DOS Primärenergie Sonne GmbH (DOS), enhancing renewable energy collaboration across Middle Eastern and Latin American markets. These collaborations strengthen Desay’s global energy storage supply chain position while creating a replicable model for Gulf countries’ energy transition. The strategic moves underscore Desay’s commitment to international market development and sustainable energy solutions through technological innovation and cross-border partnerships.

Moreover, Desay Battery features a range of standout products at smarter E Europe 2025, including high-performance lithium-ion cells (DLP-100, DLP-280, DLP-314), the DSP-60 sodium-ion battery, and modular energy storage systems with 100Ah and 280Ah lithium modules. More highlights are the Lumos 215kWh and 344kWh C38I DC ESS energy storage cabinets, 10-25kWh LV Residential ESS, 21kWh HV DCDC Residential ESS (280Ah), and the Vita 5MWh Utility ESS liquid-cooled container storage system along with UPS battery cabinets.

Recently, Desay Battery was included in the BloombergNEF Energy Storage Tier 1 List for Q2 2025. Looking ahead, Desay Battery plans to further expand its presence in the global energy storage market and continue to invest in R&D to meet the growing demand for clean energy.

For more information, please visit http://www.desayest.com.

Photo – https://laotiantimes.com/wp-content/uploads/2025/05/the_smarter_e_europe.jpg

AKH01 ESG – Key information relating to full redemption of bond loan

FORNEBU, Norway, May 9, 2025 /PRNewswire/ —

Issuer: Aker Horizons ASA

ISIN for bond loan: NO0010923220

Original maturity date: 15 August 2025

New maturity date: 23 May 2025

Redemption price: 100.37 % per cent. of the Nominal Amount (plus accrued and unpaid interest on the redeemed amount)

Other information: The issuer has in a letter to Nordic Trustee (the Bond Trustee) notified that the Issuer will exercise the call option to redeem all of the outstanding bonds in accordance with the Bond Terms. The record date will be 21 May 2025.

This information is published in accordance with the requirements of the Continuing Obligations.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/akh01-esg—key-information-relating-to-full-redemption-of-bond-loan,c4148407

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