HONG KONG, Nov. 4, 2025 /PRNewswire/ — The Hong Kong FinTech Week 2025 officially opened on November 3 at the Hong Kong Convention and Exhibition Centre, attracting over 700 organizations, 800 speakers, and 37,000 attendees from around the globe to discuss cutting-edge topics in fintech, blockchain, artificial intelligence, and Web3.

This year’s Hong Kong FinTech Week was bustling with activity, bringing together numerous traditional financial giants and emerging digital innovation companies. The event atmosphere was vibrant, and as a rising force in the digital payments sector, WellCell Holdings Co., Limited’s global stablecoin payment platform Fopay made a stunning debut with its innovative stablecoin cross-border remittance product, stablecoin custody services, and stablecoin QR code payment solutions (limited to Brazil). Fopay’s offerings highlighted its forward-looking approach in the realms of stablecoin applications and cross-border fintech, drawing significant attention and engagement from attendees, making it one of the key highlights of the exhibition.

At the Fopay booth, there was a product operation experience area where attendees could personally experience the showcased stablecoin cross-border remittance and stablecoin custody products. The entire operation process was designed to be straightforward, with an intuitive interface that allowed for efficient remittance initiation and receipt, garnering positive feedback from numerous participants. In addition to innovative product displays, Fopay prepared a variety of interactive experiences and prize draws, featuring practical gifts such as AirPods Pro 3, branded cultural shirts, custom power banks, and adapters. Every detail, from the booth layout and interactive segments to gift design, reflected Fopay’s commitment to user experience and brand warmth.

Many attendees noted that these details clearly demonstrated Fopay’s dedication to user experience and confidence in its products. The Fopay booth stood out not only for its professional and clear product presentations but also for its creative interactive elements, showcasing a profound understanding of cross-border digital payments and a spirit of innovation. The lively atmosphere at the Fopay booth and its sustained popularity made it one of the hot spots of the Hong Kong FinTech Week.

In addition to its ongoing focus on the Hong Kong market, Fopay is expanding its operations globally. The company plans to emphasize growth in Asia, Southeast Asia, and European markets to promote the compliance and widespread adoption of cross-border digital payment ecosystems. Fopay’s long-term goal is to build a safe, compliant, and efficient global digital payment network that bridges the gap between the digital economy and traditional finance, providing businesses and individual users with a more free and convenient flow of funds.

In response to the global wave of financial digitization, the company stated it would continue to pursue an innovation-driven and user-centered strategy, continually expanding the boundaries of cross-border digital payments and bringing more convenience and surprises to global users, thereby helping the industry move towards a new phase characterized by greater safety, transparency, and efficiency.

SINGAPORE, Nov. 4, 2025 /PRNewswire/ — On November 4, AI video creation platform New SkyReels officially launches. Both the web and mobile app versions are now fully available, empowering users around the world to unleash their creativity anytime, anywhere, and effortlessly produce professional-grade content.

“One-stop” and “multi-modal” — two capabilities frequently mentioned in the current AI wave — are taken to the next level in SkyReels. This represents SkyReels’ core positioning and unique competitive advantage.

On the model side, SkyReels integrates the world’s leading AI multimodal models, including Google VEO 3.1, Sora 2, Runway, Nano Banana, GPT Image, and Seedream 4.0. On the functionality side, it provides a comprehensive one-stop suite of AI tools that empower users to generate images, videos, digital humans, and music with ease.

The major updates to the SkyReels V3 model and its five core features are now seamlessly integrated within SkyReels — a true reflection of our commitment to users.

SkyReels V3 represents a series of multimodal video generation models that can create videos from image, audio, or video references. All models in the series are built on a unified Multi-modal In-Context Learning (ICL) pre-trained framework, followed by task-specific fine-tuning for enhanced optimization and adaptability. Key features of this update include Limitless Canvas, digital humans, template functionality, expert agents, video extension, and stylization — all designed to make professional-level creation effortless.

Join users around the globe in discovering SkyReels and download the mobile app:
https://www.skyreels.ai

1.Limitless Canvas: Say Goodbye to Complicated Processes and Redefine AI Creative Creation

With this SkyReels update, all AI features and the world’s leading AI models are now seamlessly integrated into a single creative workspace. A single canvas acts as all-in-one AI tools, allowing images, videos, music, and other multimodal content to merge effortlessly.

On the Limitless Canvas, every element you see is a live, interactive building block — what you see is what you get, with effects rendered in real time.

2. Agent Feature: Generate and Deliver Professional Solutions Instantly — Just “Fill in the Blanks”

The all-new SkyReels unveils Agentic Copilot mode, a powerful “dual-core” intelligent system supporting multimodal input and output. It is designed to cater to users’ needs, from quick creative bursts to complex professional tasks. In the future, these agents will also be able to collaborate seamlessly with one another:

Super Agent (an all-in-one creative assistant): A versatile creative partner that can be activated anytime, anywhere. Whether users provide inspiration through natural language, upload images, or share audio and video links, the Super Agent rapidly interprets multimodal inputs and assists with understanding, generating, and processing content.

Expert Agents (28 industry experts): A professional team covering four core areas. Whenever users need marketing strategy, e-commerce operations, avatar creation, or story creation, they can find the corresponding expert in the Agent library. These experts provide in-depth, intelligent support to help complete professional tasks efficiently.

3.Video Templates: What You See Is What You Get, with Impressive and Reliable Results — A Boon for Marketers

SkyReels is an AI-powered visual content engine. From smart posters and product B-roll videos to audio-visual advertisements, everything can be generated with just one click using in-app templates. 

The template library features nearly 10 major categories and over 150 templates, enabling quick generation of both images and videos. It supports a wide range of applications, from poster design and e-commerce product visuals to product demo videos and AI-powered digital human narrations, making it easy for users to meet diverse content creation needs.

4.”Conversational” Digital Avatars: The World’s First Single-Camera, Multi-Person, Multi-Turn Dialogue Digital Human Model

SkyReels V3 is the industry’s first digital human model capable of multi-person, multi-turn conversations using a single camera. Each character’s speech timing and rhythm can be precisely controlled, allowing natural, fluid interactions that deliver a truly realistic conversational experience.

The digital human features powered by SkyReels V3 support lip-syncing across all scenarios. They enable single-person lip-syncing driven by images or videos, as well as multi-person, multi-turn lip-syncing driven by images. The system supports continuous lip-syncing for up to 4 minutes and offers a wide range of camera movement options.

In addition to multi-person, multi-turn dialogues, the model’s capabilities for single-person digital human generation have been expanded. It offers 32 camera movement combinations and options, allowing for a diverse range of narrative styles and visual expressions.

5.Video Extension and Stylization: Make Your Creations More Engaging and Competitive

The video extension feature powered by SkyReels V3 goes beyond the traditional “single-shot lengthening” approach. It can intelligently predict the next shot and scene content based on video semantics and user prompts.

Currently, SkyReels supports a wide range of shot transitions, including Cut-In, Cut-Out, Reverse Shot, Multi-Angle, and Cut Away. It can automatically generate extended sequences with coherent narrative flow and visual continuity, enhancing shot composition and giving footage a more dynamic, cinematic feel.

Leveraging its self-developed large models, exceptional user experience, and robust workflow integration capabilities, SkyReels is propelling AI video creation into a “zero-barrier era of creative generation” and ushering in a new chapter in the AI video productivity revolution.

BEIJING, Nov. 4, 2025 /PRNewswire/ — A report from People’s Daily:

The 8th China International Import Expo (CIIE) will convene in Shanghai from November 5 to 10, 2025, as scheduled.

As a pioneering initiative in global trade development, the CIIE continues to showcase China’s commitment to openness, retaining loyal participants while attracting new international engagement. This year’s event features a record-high participation from 155 countries, regions, and international organizations. With 4,108 overseas enterprises exhibiting across more than 430,000 square meters of space, both metrics represent the highest levels in the expo’s history.

For New Zealand’s dairy company Theland, its leapfrog growth exactly began with the CIIE.

When the company first entered the Chinese market in 2017, it encountered a significant logistical challenge: its imported fresh milk arrived with only minimal remaining shelf life. With a product lifespan of just 15 days and customs clearance requiring 7 to 8 days, the milk neared expiration upon arrival. Ahead of the inaugural CIIE, Shanghai’s Changning district launched a pilot program separating inspection from release procedures for imports, dramatically expediting customs processing. This reform enabled Theland’s fresh milk to reach the CIIE venue rom New Zealand in just 72 hours.

Since then, Theland has participated in every edition of the CIIE, achieving rapid expansion in China. Its fresh milk sales have increased 26-fold, with offline distribution now covering 25 provinces and online availability extending to over 90 percent of e-commerce platforms.

“Theland has grown alongside the CIIE. We have full confidence in both the Chinese market and the CIIE platform,” said Roy van den Hurk, CEO of Milk New Zealand Dairy Limited.

For participating companies, a shared belief has emerged: to grow with China is to grow with opportunity. In the first three quarters of this year, China’s GDP grew by 5.2 percent year on year. The stability of China’s high-quality economic growth provides both the confidence and foundation for China and the world to share development opportunities and pursue common progress.

Pursuing high-quality growth, China is unlocking vast new potential for cooperation in green, digital, and intelligent transformation. Over the past seven years, the CIIE has become a global stage for innovation, hosting numerous world, Asian, and China premieres of new products, technologies, and services. Behind this lies China’s transition from serving as the “world’s factory” to becoming a global “innovation lab”. The 8th CIIE alone showcases 461 new offerings.

As Nicolas Hieronimus, CEO of L’Oréal Group, noted, “The CIIE provides us with precious certainty, showcasing China’s firm commitment to high-level opening up and high-quality development.”

Opportunities also stem from the certainty of China’s super-sized market. Siemens of Germany has participated in every session of the CIIE, building a full value chain in China covering research and development, manufacturing, and services. U.S.-based Honeywell regards the CIIE as a one-stop platform to showcase technologies and solutions, debut flagship innovations, expand investment, and strengthen partnerships in China.

The first seven editions of the CIIE facilitated over $500 billion in intended transactions – a testament to its role in helping global businesses navigate market uncertainties through access to China’s 1.4 billion consumers.

For 16 consecutive years, China has remained the world’s second-largest import market. In the next decade, its middle-income population is expected to surpass 800 million, and its industrial supporting capacity will continue to strengthen. Globally, China means both market and opportunity, so much so that “investing in China is not optional, but essential” has become a strategic consensus among multinational corporations.

During the first nine months of this year, China approved the establishment of 48,921 new foreign-invested enterprises, representing a 16.2% year-on-year increase. Since the start of the 14th Five-Year Plan period (2021-2025), China has attracted over $700 billion in foreign investment, with new foreign enterprises exceeding the previous five-year period by approximately 25,000. This robust growth underscores China’s continued status as a leading global investment destination.

Since its inception, the CIIE has consistently provided dedicated support and preferential policies for the least developed countries (LDCs). This year, the special zone for African products has been further expanded and upgraded, ensuring that enterprises and products from all LDCs and 53 African countries with diplomatic ties with China can fully benefit from duty-free access. Participation by LDC-based enterprises grew by 23.5% year-on-year.

Through concrete actions, China is opening new doors of opportunity for the least developed and other developing countries. Increasingly, distinctive products from these nations are reaching broader international markets through the CIIE platform.

Amid significant disruptions to the international trade order and rising unilateralism and protectionism, China’s hosting of the CIIE demonstrates its steadfast support for advancing constructive economic globalization.

China continues to deepen institutional openness through multiple channels: establishing new platforms like the CIIE, China International Consumer Products Expo, and China International Fair for Trade in Services; expanding pilot free trade zones and developing the Hainan Free Trade Port; shortening the foreign investment negative list; and extending unilateral visa exemptions to more countries. These efforts foster broader prospects for high-quality development through elevated openness.

During this era of profound changes unseen in a century, China maintains strategic stability through consistent policies, sustained economic growth, and clear development vision. This approach generates shared opportunities for global prosperity and collective progress.

SHENZHEN, China, Nov. 4, 2025 /PRNewswire/ — Kismile, the home appliance brand celebrated for clean design and practical innovation, today introduced its newest Transparent Glass Air Fryer — an upgraded model that elevates visibility, safety, and cooking flexibility for everyday home chefs.

Safety First: Cool-Air Shielding Technology

Kismile introduces a newly engineered airflow-cooling system that directs cool air around contact areas:

• Helps reduce the exterior glass temperature
• Keeps handles and the top heating unit cool to touch
• Lowers risk of accidental burns in family kitchens

Because great cooking shouldn’t come with compromises on safety.

Smarter Cooking with Power and Precision

The upgraded 1550W heating system delivers faster, more even heat, creating better textures using less oil.

Four intuitive preset modes — Air Fry, Grill, Bake, and Roast — simplify everyday meals, while full DIY control enables personalization with:

• Temperature range 105 – 400 ℉
• Timer up to 60 minutes

“People want transparency — in design, in materials, and now in the cooking process,” said Cyrus Guo, product director for Kismile.

“This upgrade empowers home chefs to see more, control more, and enjoy a safer kitchen experience.”

A Clear View, Better Control

With a fully 360° transparent glass bowl, users can watch every stage of cooking without opening the lid or interrupting heat circulation.

Powered by a new carbon heating tube, the air fryer heats up rapidly for enhanced cooking efficiency. As it emits both light and heat, the food is beautifully illuminated — letting users enjoy a warm, vivid view of the crisping process in real time.

Crafted from high-borosilicate glass with no PFAS, BPA, coatings, or plastic odors, the materials ensure truly clean cooking.

Dual-Bowl Flexibility for Every Lifestyle

Whether cooking for one or preparing sides for the family, the 4.5QT + 1.8QT dual-bowl system adapts seamlessly to daily needs.

A new quick-release bowl holder with a locking lever allows effortless lifting and transforms the bowl into a portable container — ideal for meal prep, storage, and on-the-go dining.

Designed for Modern Living

• Clean materials with no coatings or plastic concerns
• All removable parts — excluding the heating unit — are dishwasher-safe
• Simple wipe-clean surfaces reduce maintenance effort

Compact, visually striking, and easy to store — ideal for apartments, dorms, and any kitchen that values space and style.

The new Kismile Transparent Glass Air Fryer is now available at https://kismile.com/ and on Amazon.

About Kismile

Founded in 2015, Kismile is a premium home appliance brand dedicated to combining safety, innovation, and elegant design. From kitchen essentials to smart-featured appliances, Kismile products are built to make modern life simpler, warmer, and more joyful.

Guided by the belief that ordinary life deserves extraordinary care, Kismile continues to innovate appliances that blend style, functionality, and love—empowering every household to savor the beauty of daily living.

Growth in 300 mm Shipments Fueled by AI to Support Advanced Logic, Cloud Computing and Memory Applications

MILPITAS, Calif., Nov. 4, 2025 /PRNewswire/ — The SEMI Silicon Manufacturers Group (SMG) reported today, in its quarterly analysis of the silicon wafer industry, that worldwide silicon wafer shipments increased 3.1% year-on-year to 3,313 million square inches (MSI) from the 3,214 MSI recorded during the same quarter of 2024. Sequentially, shipments slipped 0.4% quarter-over-quarter from the 3,327 MSI recorded during the second quarter of this year indicating softness in recovery particularly for epitaxial wafers slices.

Worldwide Silicon Wafer Shipments

“January through September silicon shipments registered a significant year-on-year increase primarily driven by the growth of 300 mm shipments for advanced logic, cloud infrastructure, and memory demand,” said Lee Chungwei (李崇偉), Chairman of SEMI SMG and Vice President and Chief Auditor at GlobalWafers. “AI empowers significant investments expansion in advanced processes contributing to the wafer demand growth.”

Silicon wafers are the fundamental building material for the majority of semiconductors, which are vital components of all electronic devices. The highly engineered thin disks are produced in diameters of up to 300 mm and serve as the substrate material on which most semiconductors are fabricated.

The SMG is a sub-committee of the SEMI Electronic Materials Group (EMG) and is open to SEMI members involved in manufacturing polycrystalline silicon, monocrystalline silicon or silicon wafers (e.g., as cut, polished, epitaxial). The SMG facilitates collective efforts on issues related to the silicon industry, including the development of statistics about the silicon industry.

For more information, visit SEMI Worldwide Silicon Wafer Shipment Statistics.

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 Contacts
Sherrie Gutierrez/SEMI
Phone: 1-831-889-3800
Email: sgutierrez@semi.org

Stephanie Quinn/Kiterocket (Media Inquiries)
Phone: 1-480-316-8370
Email: squinn@kiterocket.com

Revolutionary Device Brings Automatic Tool Change, Precision Centering, and Hard Metal Capability to Makers, Developers, and Small Businesses

SEATTLE, Nov. 4, 2025 /PRNewswire/ — Nestworks, a pioneer in accessible advanced manufacturing tools, today announced the launch of its flagship desktop CNC machine on Kickstarter, marking a historic milestone for the personal manufacturing industry. The Nestworks CNC is the first truly desktop-sized device capable of “serious metal machining” — a breakthrough that democratizes precision fabrication of titanium, stainless steel, and other hard metals, making metalworking as simple and accessible as 3D printing.

For decades, desktop CNC machines have been limited by manual tool changes, cumbersome setup, and inability to handle industrial-grade materials, confining serious metalwork to large factory equipment costing tens of thousands of dollars. The Nestworks CNC shatters these barriers with four industry-first features integrated into a compact, desk-friendly design:

• Automatic Tool Changer (ATC): Eliminates manual tool swaps with a built-in carousel system, reducing downtime by up to 70% and eliminating human error in tool positioning. The system supports multi-step machining processes without operator intervention, critical for complex part production.
• Intelligent Auto-Centering: Uses precision sensors to automatically locate material origins in seconds, replacing the time-consuming manual calibration that frustrated even experienced makers. This ensures 0.01mm-level accuracy across every project.
• Hard Metal Mastery: Equipped with a high-torque spindle and industrial-grade cutting capabilities, the machine effortlessly machines titanium, 304 stainless steel, aluminum alloys, and more — materials previously off-limits to consumer CNC devices.
• One-Click Toolpath Generation via In-House CAM Software: Features proprietary CAM software that automatically generates optimal machining toolpaths with a single click, eliminating the need for advanced programming skills. It adapts to different materials and part designs, balancing speed and precision for both beginners and experts.

“This isn’t just an upgrade to existing desktop CNCs — it’s a complete reimagining of what’s possible for personal manufacturing,” said Henry, Co-Founder of Nestworks. “For years, hardware developers have had to choose between slow 3D-printed prototypes or costly outsourced metal parts. Small businesses have avoided in-house machining due to complex equipment. Today, we’re putting a ‘mini factory’ on their desks that handles real metal with the simplicity of a 3D printer.”

The launch addresses a critical gap in the $4.2 billion global personal manufacturing equipment market. While 3D printing has become ubiquitous for plastic prototyping, metal fabrication remained inaccessible to non-industrial users due to equipment size, cost, and complexity. The Nestworks CNC changes this equation by:

• Enabling hardware developers to iterate metal prototypes in hours instead of weeks, cutting product development cycles by 50% or more.
• Empowering makers to create functional metal parts — from custom machine components to precision tools — without specialized training.
• Helping small businesses reduce small-batch production costs by eliminating outsourcing fees and minimum order requirements.

“Personal CNC has been stuck in a cycle of compromise — either too weeak for real work or too complex for everyday use,” added Henry. “The Nestworks CNC breaks that cycle. We’re not just selling a machine; we’re opening a new era where metalworking is accessible to anyone with an idea.”

The Nestworks CNC Kickstarter campaign is NOW LIVE, to join the revolution in personal metalworking and reserve your Nestworks CNC, visit the official Kickstarter page here.

Media Contact

Name: Henry Lin
Email: market@nestworks.ai
Facebook Group: NestWorks C500 Official Group | Facebook
X: x.com/Nestworkstech