27.5 C
Vientiane
Sunday, July 6, 2025
spot_img
Home Blog Page 194

Thailand Ranks Among Top 10 Countries with Highest LGBTQ+ Population, Laos Data Unavailable

Thailand Ranks Among Top 10 Countries with Highest LGBTQ+ Population, Laos Data Unavailable
Same-sex couples walk on a rainbow carpet at a marriage registration event at Paragon shopping mall in Bangkok on January 23, 2025. (Photo by Lillian SUWANRUMPHA / AFP)

Thailand has been ranked among the top 10 countries with the largest percentage of individuals identifying as part of the LGBTQ+ community, according to the latest data from the World Population Review (WPR). 

Turning U.S. Tax Hurdles into Opportunities for Chinese Brands with Affiliate Marketing

DUBAI, UAE, May 21, 2025 /PRNewswire/ — Recent U.S. tax policy changes present significant challenges for Chinese brands in the American market, demanding strategic adaptation for sustainable growth. The end of the De Minimis Exemption means that shipments under $800 from China are no longer duty-free. Coupled with massive tariff hikes of up to 54% on imports and a 10% universal baseline tariff affecting Chinese goods, these shifts threaten profit margins and market competitiveness.

This evolving tax landscape has heightened administrative demands and financial strains, challenging profitability and competitiveness. Products like fast fashion or gadgets, once cheap and competitive, now face increased costs. For instance, a $5 T-shirt could now incur $1.50 in duties, squeezing profit margins and raising retail prices.

To navigate these challenges, Chinese brands are embracing agility and innovation. Brands like SHEIN are diversifying into booming markets such as India and the Middle East, leveraging local partnerships to sidestep tariffs. Hybrid pricing strategies, where part of the tariff cost is absorbed initially to offset expenses, are proving effective. Affiliate partnerships offer a cost-effective and flexible way to thrive in this evolving landscape.

Despite rising tariffs, some Chinese brands are thriving by partnering with Admitad and using innovative affiliate marketing. Vevor saw a remarkable increase in sales in a year, while SHEIN generated millions of orders through Admitad partners, expanding into markets like Poland, Canada, Saudi Arabia, and the UAE. DHgate maintained a robust annual growth by leveraging Admitad’s global publisher network, illustrating how strategic partnerships and innovative marketing solutions can drive growth despite external pressures.

Since 2013, Admitad has helped Chinese retailers generate over $7 billion in cross-border sales, adeptly navigating regulatory changes and market volatility. Its performance-based approach ensures brands remain resilient, competitive, and poised to seize new opportunities worldwide. The U.S. tax shake-up presents a challenge but also an opportunity for innovation and growth. With Admitad’s affiliate marketing solutions, Chinese brands can minimize risk, maximize ROI, and thrive in America and beyond.

Media contacts: press@admitad.com

1 in 4 Malaysians at Risk: Alpro Pharmacy Leads National Movement to Reverse Prediabetes


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 21 May 2025 – With one in four Malaysian adults unknowingly living with prediabetes, the country is facing a silent but escalating health crisis. Research shows that one in ten individuals with prediabetes will develop type 2 diabetes within a year, and up to 70% will progress within a decade if no action is taken (Sources: National Health and Morbidity Survey 2019; International Diabetes Federation).

(From left: Dietitian Chua Kai Jia (Professional Care & Development Manager cum Dietitian, Alpro Pharmacy); Pharmacist Anson Tan (Category Manager, Alpro Pharmacy); Mr. Yan Xiangrong (Country Manager, Yuwell Malaysia); Mr. Nicholas Tham (Commercial Director, Ethos Healthcare); Professor Dr. Hasniza (Deputy Vice Chancellor (Academic & International), University of Malaya); Ms. Pixie Yee (Managing Director, Merck Malaysia & General Manager, Merck Healthcare Malaysia and Singapore); Ms. Elsie Low (General Manager, Powerlife Malaysia); Pharmacist Ng Yi Ling (Professional Care & Development Manager, Alpro Pharmacy))
(From left: Dietitian Chua Kai Jia (Professional Care & Development Manager cum Dietitian, Alpro Pharmacy); Pharmacist Anson Tan (Category Manager, Alpro Pharmacy); Mr. Yan Xiangrong (Country Manager, Yuwell Malaysia); Mr. Nicholas Tham (Commercial Director, Ethos Healthcare); Professor Dr. Hasniza (Deputy Vice Chancellor (Academic & International), University of Malaya); Ms. Pixie Yee (Managing Director, Merck Malaysia & General Manager, Merck Healthcare Malaysia and Singapore); Ms. Elsie Low (General Manager, Powerlife Malaysia); Pharmacist Ng Yi Ling (Professional Care & Development Manager, Alpro Pharmacy))

In response to this urgent need, Alpro Pharmacy has launched the ASAP Programme (Alpro Stand Against Prediabetes) a nationwide health campaign that began in April 2025. This initiative is designed to raise early awareness, promote timely screening, and provide accessible, professional care to help Malaysians reverse prediabetes before it becomes a lifelong condition.

As part of this commitment, Alpro is offering 10,000 free HbA1c tests to high-risk individuals across more than 300 Alpro touchpoints nationwide, from April through June 2025.

With a focus on those with a family history of diabetes and those at higher risk due to age or weight, the ASAP Programme empowers individuals to take proactive steps towards better health. Through early detection and pharmacist-led counseling, nutrition guidance, and lifestyle modifications, participants can potentially reverse their condition.

Beyond individual action, the programme also reinforces the vital role that primary care providers—including community pharmacists, community nutritionists and dietitians, and general practitioners—play in delivering preventive healthcare directly to the public. By bringing early intervention into the heart of the community, the programme ensures that help is accessible, timely, and coordinated.

This national effort is made possible through a strong multidisciplinary collaboration between Alpro Pharmacy, Merck Sdn. Bhd., University of Malaya, Yuwell Malaysia, Ethos Healthcare, and Powerlife Malaysia. United by a shared vision for preventive healthcare, these partners bring together medical innovation, digital health tools, academic research, and nutritional science to combat one of Malaysia’s most pressing chronic health challenges. “Prediabetes is not a life sentence—it’s a second chance,” said Ph. Lim En Ni, Chief Pharmacist and Engagement Director of Alpro Pharmacy. “Through the ASAP Programme, we’re reaching people before diabetes does—offering them the tests, intervention, and ongoing support they need to make lasting changes. Our aim is to stop diabetes before it starts.”

For Merck Sdn. Bhd., the programme aligns with its commitment to early intervention in chronic disease.“The ASAP Programme puts prevention into action—on the ground, led by pharmacists,” said Ms. Pixie Yee, Managing Director of Merck Malaysia and General Manager of Merck Healthcare Malaysia and Singapore. “It’s meaningful because it reaches people before complications begin. As healthcare leaders, we must shift the focus from delayed treatment to early empowerment.”

A core component of the campaign is a research collaboration with the University of Malaya to evaluate the impact of pharmacist-led interventions in identifying and managing prediabetes. The study explores how HbA1c screening, paired with pharmacological and lifestyle guidance, can delay or even prevent the onset of type 2 diabetes. Findings are expected to help shape future national healthcare strategies and support the standardisation of pharmacy-based chronic disease prevention in Malaysia. “This campaign is more than awareness—it’s a chance to validate the impact of pharmacists in chronic disease prevention,” said Professor Dr. Hasniza, Deputy Vice Chancellor, University of Malaya.

The ASAP Programme aims to amplify a clear and urgent public health message: prediabetes is reversible, early action matters, and no one should wait for symptoms before seeking help. With professional support and free screening made easily available across the country, this campaign proves that diabetes can be stopped—before it starts.

Malaysians are encouraged to participate by visiting any Alpro Pharmacy outlet during the campaign period. For full campaign details, eligibility information, and outlet locations, please visit: https://bit.ly/AlproASAP

Let’s act ASAP — because the best way to fight diabetes is to stop it before it starts.
Hashtag: #alpro

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

Alpro Pharmacy

With a humble beginning starting with a single pharmacy outlet in the small town of Port Dickson in 2002, Alpro Pharmacy is now a diversified community chain pharmacy that provides comprehensive primary healthcare solutions via over 300 outlets including Alpro Pharmacy, Alpro Clinic, Alpro Physio and Alpro Baby, both online and offline, nationwide. It is supported by a team of more than 650 healthcare professionals, ranging from doctors, pharmacists, nutritionists, dietitians to physiotherapists and many other healthcare professionals.

Serving more than 3 million families in Malaysia, Alpro Pharmacy is the first and only community pharmacy in the country to provide RM1 million product liability insurance to safeguard the supply of genuine medications. With over 500,000 prescriptions filled per year, Alpro Pharmacy is also the largest prescription pharmacy chain in Malaysia.

For more information, please visit .

Altair and HD Hyundai Heavy Industries Sign MoU to Advance Eco-Friendly Marine Engine Development Technologies with AI and Simulation

Accelerating innovation in eco-friendly marine engine development with AI-powered engineering

TROY, Mich., May 21, 2025 /PRNewswire/ — Altair, a global leader in computational intelligence, has signed a strategic memorandum of understanding (MoU) with the Engine Research Institute at HD Hyundai Heavy Industries to enhance the performance of eco-friendly marine engines and power AI-driven development initiatives.

(Right) Pietro Cervellera, senior vice president of Altair, and (Left) Sungchan An, head of engine research center, HD Hyundai Heavy Industries (PRNewsFoto/Altair)
(Right) Pietro Cervellera, senior vice president of Altair, and (Left) Sungchan An, head of engine research center, HD Hyundai Heavy Industries (PRNewsFoto/Altair)

“This collaboration goes beyond technology development—it is a strategic partnership to shape the future of marine engine development,” said Pietro Cervellera, senior vice president of aerospace and defense, Altair. “By combining Altair’s global technological capabilities with HD Hyundai Heavy Industries’ expertise in eco-friendly marine engines, we aim to set a new standard for sustainable engine and machinery business.”

Altair was recently acquired by Siemens, a global leader in industrial software, to extend its leadership in simulation and industrial artificial intelligence. Altair technology is being integrated with the Siemens Xcelerator portfolio.  

Sungchan An, Ph.D., vice president and head of the Engine Research Institute, HD Hyundai Heavy Industries, stated, “HD Hyundai Heavy Industries and Altair have continuously collaborated on the development of simulation technologies for high-quality HiMSEN engine designs. With Altair now part of Siemens, the development of next-generation engine design technologies—such as virtual product development and AI-based engine simulation—is expected to further accelerate.”

This partnership comes in response to increasingly stringent environmental regulations in the global shipping industry. As digital transformation and technology advancement become critical in shipbuilding, Altair and HD Hyundai Heavy Industries will work together to strengthen innovation through simulation and AI technologies for eco-friendly marine engine development.

Under the agreement, Altair and HD Hyundai Heavy Industries will collaborate to:

  • Develop simulation platforms for eco-friendly marine engine design and optimization
  • Utilize AI-powered technologies for improving engine performance
  • Conduct predictive maintenance and diagnostics capabilities
  • Enhance engine safety through AI-based visualization technologies

Altair has proven its technological expertise in simulation-driven design and AI-powered predictive analytics through collaborations with major shipbuilders worldwide. With this collaboration, Altair will actively support HD Hyundai Heavy Industries in advancing eco-friendly marine engines and delivering tangible results in areas such as design efficiency, reduced development cycles, and performance enhancement. Altair is expected to contribute meaningfully to improvements in design efficiency, shorter development cycles, and enhanced performance by leveraging synergies with Siemens’ industrial software technologies.

Altair continues to expand the application of its solutions across various industries by combining its AI and simulation expertise with Siemens’ industrial software technologies following the acquisition.

To learn more about Altair, visit https://altair.com. To learn more about HD Hyundai Heavy Industries, visit https://english.hhi.co.kr/.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit www.altair.com or sw.siemens.com.

About HD Hyundai Heavy Industries (HHI)
Under its parent company HD Hyundai, HD Hyundai Heavy Industries (HHI) is leading the global shipbuilding and offshore engineering industry, delivering sustainable and efficient products that meet the world-class standards. Owning the world single largest shipyard and world’s largest marine engine maker, HHI has built a strong reputation over its 50-year history for delivering world-leading commercial and naval vessels, along with complex EPC projects that require precision and reliability. To learn more, please visit http://english.hhi.co.kr/ or https://www.hd.com/en/main.

Media contacts

Altair Corporate

Bridget Hagan

+1.216.769.2658

corp-newsroom@altair.com

Altair Europe/The Middle East/Africa 

Altair Asia-Pacific

Louise Wilce

Man Wang

+44 (0)7392 437 635

86-21-5016635,825

emea-newsroom@altair.com

apac-newsroom@altair.com

 

 

 

 

Prime Focus Technologies to showcase CLEAR® AI Agents and AI Applications for Postproduction and Content Supply Chain at Broadcast Asia 2025

LOS ANGELES, May 21, 2025 /PRNewswire/ — Prime Focus Technologies (PFT), the creator of CLEAR®, is excited to announce its participation at Broadcast Asia (BCA) in Singapore, where it will showcase its CLEAR® AI Agents and AI Applications—designed to deliver real results in postproduction and content supply chain workflows. CLEAR® AI is purpose-built for video content and is set to showcase how these innovations can enable visible ROI for AI investments today.

PFT at Broadcast Asia
PFT at Broadcast Asia

“In a region as diverse as APAC, AI must do more than automate—it must understand context, culture, and workflow nuances, said Anupam Sharma, Senior Vice President & Head of Sales – APAC, PFT. “At PFT, our AI Agents and AI Applications empower media companies to scale operations, accelerate time-to-market, and tap into new audience segments—without ballooning costs. This is AI that drives reach and revenue across your content portfolio.”

At BCA 2025, visitors at Meeting Room #5J3-8 will see:

Content Discovery AI Agents: CLEAR® AI’s Search & Metadata Agents go beyond keywords to empower teams to retrieve assets for powerful storytelling. Our AI Agents make it easier than ever to repurpose content, enabling new monetization channels and driving additional revenue.

Content Studio AI Agents: CLEAR® AI’s Content Creation Action Agents automate the time-consuming tasks of snackable content creation—from generating highlights to automating the editing process. This accelerates time-to-market and drives higher viewership and engagement. With proven success, including a 4X YouTube viewership increase and 22X revenue growth for a major content network, our AI Agents are designed to turn your content into a revenue generator.

Content Automation AI Agents: CLEAR® AI Automation Agents take the heavy lifting out of operations—whether automating segmentation, ensuring compliance, or seamlessly adapting assets for global distribution. Experience a 25% increase in viewer retention, a 15% boost in ad revenue, and a reduction in manual compliance review time by 80%.

Beyond AI Agents, PFT will feature applications like AI-powered video collaboration, smart MAM, and supply chain automation, empowering teams to achieve more with fewer resources and driving productivity while cutting operational costs.

Media companies don’t have time for experiments that don’t move the needle. See us at BCA, Meeting Room #5J3-8, and see how CLEAR® AI delivers real results—no fluff.

About Prime Focus Technologies

Prime Focus Technologies (PFT) is the creator of CLEAR®. It offers streaming platforms, studios, and broadcasters AI-led technology and media services powered by the cloud—enabling creativity, agility, and most importantly, revenue growth. PFT partners with major players such as Channel 4, ITV, Sinclair Broadcast Group, A&E Networks, Warner Bros. Discovery, Paramount, Crunchyroll, Insight TV, JioStar, BCCI, Tegna, Amazon MGM Studios, and more.

For more information visit: www.primefocustechnologies.com.

Press Contact

T Shobhana
Senior Vice President & Global Head of Marketing
Prime Focus Technologies
Los Angeles, CA
t.shobhana@primefocus.com

Sicona Signs Transformational Licensing Agreement with Himadri to Scale SiCx® Production

AU$15M investment to accelerate global commercialisation of SiCx® anode technology

SYDNEY, May 21, 2025 /PRNewswire/ — Sicona, a leading innovator in next-generation battery materials, today announced a landmark strategic partnership and technology licensing agreement with Himadri Speciality Chemical Ltd (BSE: 500184 | NSE: HSCL), one of the foremost specialty chemical conglomerates in India. The deal includes AU$15 million cornerstone investment by Himadri and marks a pivotal milestone in the commercialisation of Sicona’s flagship Silicon Carbon anode material, SiCx®.

The proceeds will be used to expand Sicona’s pilot plant operations in Australia and scale up production to meet surging demand for sampling materials from major global cell manufacturers who service the electric vehicle (EV), 3C (consumer electronics, communications and computers), defence and space industries, who are actively qualifying SiCx® for next-generation battery platforms.

Licensing Deal Overview: Accelerating Global Production

Under the agreement, Himadri will licence the full suite of intellectual property required to establish and operate a SiCx® production facility in India. The plant, which will be fully funded by Himadri, is being fast-tracked to meet rising global demand. Sales from the facility will be targeted primarily in the automotive sector—positioning Himadri and Sicona at the centre of global EV supply chains.

“This deal is transformative for Sicona,” said Christiaan Jordaan, CEO and Co-Founder of Sicona. “This partnership enables us to commercialise SiCx® at an unprecedented speed and scale, without shouldering the burden of the first-of-a-kind (FOAK) facility funding alone.” Himadri’s manufacturing pedigree and global reach make them the ideal partner.”

Strategic Benefits: Cost-Effective Global Commercialisation

For Sicona, this licensing model offers a capital-light pathway to revenue generation, accelerating its timeline to commercial scale production. Royalties from SiCx® sales in India will provide a steady income stream, while Sicona focuses on delivering its own large-scale facilities—cementing Sicona’s position as a global leader in Silicon Carbon (Si/C) anode materials.

“This partnership proves that early-stage climate tech startups can overcome the challenges of FOAK commercialisation with the right partners,” Jordaan added. “We’re now laser-focused on delivering the facilities in India and the USA.”

SiCx® Technology Edge

Sicona’s SiCx® is a non-silane, mechanical Silicon Carbon material that delivers industry-leading electrochemical performance. Unlike silane-based products, which rely on expensive, volatile and emissions-intensive gas processes, Sicona’s proprietary method uses inert and safe raw materials, allowing for location-agnostic manufacturing and competitive pricing. Furthermore, SiCx® makes no compromise in key specifications and performance.

SiCx® has been engineered to directly tackle two major barriers to EV adoption: limited range and long charge times. When blended with graphite (typically in proportions of 5–20%+), SiCx® boosts energy density by over 20% and cuts charge times by more than 40%, all while maintaining compatibility with today’s lithium-ion battery manufacturing lines.

These improvements contribute meaningfully to reducing carbon emissions in transport, while also diversifying the critical minerals supply chain away from high-risk, concentrated regions and inputs.

Himadri: A World-Class Manufacturing Partner

With over 30 years of manufacturing excellence, Himadri Speciality Chemical Ltd brings deep experience, robust infrastructure and global distribution capabilities to the partnership. Operating eight zero-liquid discharge pitch facilities and with product availability in around 56 countries, Himadri has established itself as a key player in the advanced materials value chain.

“This collaboration marks a turning point in the world’s advanced battery materials journey,” said Mr. Anurag Choudhary, Chairman, Managing Director and CEO of Himadri Speciality Chemical Ltd. “Sicona’s SiCx® delivers two core advantages—higher energy density for longer driving range, and faster charging capability that dramatically reduces wait time for EV users.”

“By integrating Sicona’s technological might with Himadri’s global scale and operational excellence, we are creating a blueprint for innovation-led clean energy leadership. We are throwing all our resources behind this project to get it operational on an accelerated timeline.”

Global Impact: From Pilot Plant to Global Leader

This agreement is the latest in a string of strategic milestones for Sicona, which recently announced plans to build a 6,500tpa commercial production facility in the southeastern United States with long-term plans to expand capacity there to 26,500 tpa on a single site.

With demand from EV manufacturers continuing to surge, Sicona is now positioned to scale rapidly across three continents—leveraging both direct operations and high-value partnerships to drive global impact.

“We thank Himadri for their unwavering belief in our team, our technology, and our mission,” said Jordaan. “Despite challenging capital markets, we are forging ahead, delivering on our goal to be the largest global producer of Si/C materials. This is how we win in climate tech, through smart partnerships, fast execution, and solutions that scale globally.”

About Sicona

Founded in 2019 and headquartered in Wollongong, Australia, Sicona is a next-generation battery materials company developing and commercializing advanced Silicon Carbon (Si/C) anode materials. SiCx®, Sicona’s flagship product, delivers breakthrough energy density and charging speed for lithium-ion batteries at industry leading cost and scale. Sicona’s mission is delivering high-performance battery materials at mass-market scale, aiming to reduce reliance on fossil fuels and mitigate climate change.

About Himadri Speciality Chemical Ltd

Himadri Speciality Chemical Ltd is a global speciality chemical conglomerate with a strong focus on research and development (R&D), innovation and sustainability. As pioneer in the production of lithium-ion battery materials in India, it continuously develops and innovates raw materials of lithium-ion battery value chain. It’s diverse product portfolio includes speciality carbon black, coal tar pitch, refined naphthalene, advance materials, SNF, speciality oils, clean power, etc. catering to various industries such as lithium-ion batteries, paints, plastics, tyres, technical rubber goods, aluminium, graphite electrodes, agrochemicals, defence and construction chemicals. Himadri operates in both domestic and international markets, with its products available in around 56 countries across the globe. With a strong commitment to corporate governance, safety and sustainability, it has 8 zero-liquid discharge manufacturing facilities and utilizes in-house clean power for 100% of its electrical energy needs. Himadri is a people first organization and is making a positive impact on the industry, both in India and globally through its focus on innovation fuelled by extensive R&D, new business opportunities and sustainability.

ENDS

For more information, interview requests or images please contact Julian O’Brien, Sicona PR and Comms manager, +61 419 155 376 or jobrien@southbreakmedia.group 

LG PARTNERS WITH CSC SERVICEWORKS TO BOOST NORTH AMERICAN COMMERCIAL LAUNDRY MARKET

Company to Supply Commercial Washers and Dryers to North America’s Leading Provider of B2B Laundry Solutions 

SEOUL, South Korea, May 21, 2025 /PRNewswire/ — LG Electronics (LG) has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in laundry solutions, to supply its commercial washers and dryers. The new agreement will further strengthen LG’s presence in the North American commercial laundry market and accelerate the expansion of its growing B2B appliance business.

LG has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in B2B laundry solutions, to supply its commercial washers and dryers.
LG has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in B2B laundry solutions, to supply its commercial washers and dryers.

CSC, headquartered in New York, is the largest B2B laundry solutions provider in North America, supplying and managing over 1 million commercial washers and dryers across the U.S. and Canada.

The agreement was formalized at a signing ceremony attended by Sam Kim, vice president of LG’s Home Appliance Solution Company, and Rod Castellanos, CEO of CSC, highlighting the significance of this strategic collaboration for both companies.

This partnership marks a significant step for LG as it seeks to expand its presence and grow awareness of its outstanding laundry products and tailored B2B solutions in the highly competitive North American commercial appliance market. It is also expected to accelerate the growth of LG’s home appliance business, which continues to dominate the global market through its commitment to quality and leadership in design and technology innovation. For CSC, the agreement ensures a stable supply of high-efficiency LG products – all designed to provide easy maintenance and maximum operational efficiency in demanding commercial environments.

LG commercial laundry solutions incorporate its advanced Inverter Direct Drive™ motor, delivering premium performance, durability and efficiency. The machines also feature LG’s innovative 3D Gyro Sensor and Gyro Balancing System, which precisely monitor drum movement to reduce unnecessary motion, vibration and noise – extending component lifespan and ensuring smooth, stable operation. Ideal for high-usage environments, the units offer fast cycle times, rapid spin initiation and a front-access design that simplifies maintenance by allowing most servicing to be done without disassembly, minimizing downtime and improving technician efficiency.

The partnership with CSC is the latest milestone in LG’s ongoing efforts to lead the commercial laundry market. Additionally, in November 2024, the company unveiled the LG Professional lineup of large-capacity commercial washers and dryers at Texcare in Germany. Fully committed to servicing the B2B market, LG now boasts a full portfolio of commercial laundry solutions, from compact units to larger models with capacities exceeding 15 kilograms.

“We are thrilled to partner with one of the leading B2B laundry solution providers in North America and look forward to delivering new customer value through this strategic collaboration,” said Lyu Jae-cheol, president of the LG Home Appliance Solution Company. “Leveraging our industry-leading technologies and stellar brand reputation, we will continue to strengthen our leadership in the commercial laundry appliance market.”

About LG Electronics Home Appliance Solution Company

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

 

LG has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in B2B laundry solutions, to supply its commercial washers and dryers.
LG has signed a distribution agreement with CSC ServiceWorks (CSC), the North American market leader in B2B laundry solutions, to supply its commercial washers and dryers.

Nota AI and DEEPX Sign MOU at Computex Taipei to Lead the On-Device AI Market

– Merging ultra-low-power AI semiconductors with lightweight AI technology to target global expansion –

TAIPEI, May 21, 2025 /PRNewswire/ — Nota AI (CEO Myungsu Chae), an expert in AI model optimization and on-device generative AI, and DEEPX (CEO Lokwon Kim), a leading developer of ultra-low-power on-device AI semiconductors have signed a strategic Memorandum of Understanding (MOU) at Computex Taipei 2025, the world’s largest ICT exhibition. This partnership aims to strengthen their global position in the rapidly growing on-device AI market.

Nota AI CEO Myungsu Chae and DEEPX CEO Lokwon Kim signing the partnership agreement.
Nota AI CEO Myungsu Chae and DEEPX CEO Lokwon Kim signing the partnership agreement.

Under the agreement, the two companies will co-develop AI solutions that combine DEEPX’s advanced Neural Processing Units (NPUs) with Nota AI’s lightweight AI models, enabling high-performance AI functionality even in ultra-compact, power-constrained devices. These joint solutions will serve as proof-of-concept models for applications in industrial robotics, smart appliances, security systems, mobility platforms, and more—accelerating market penetration both in Korea and globally.

As part of the collaboration, DEEPX will provide its NPU SDKs and development kits to support optimized integration of lightweight AI models. Nota AI will design and fine-tune application-specific models to meet diverse industry requirements. The partnership also includes co-marketing efforts, joint participation in global trade shows, and active engagement with B2B customers worldwide through proof-of-concept deployments.

“Our strategic partnership with DEEPX combines Nota AI’s proprietary AI optimization technologies with DEEPX’s world-class AI hardware innovation, positioning us as leaders in the global on-device AI market,” said Nota AI CEO Myungsu Chae. “Together, we will accelerate the deployment of optimized AI across a range of industrial applications.”

“This agreement will be an important collaboration to expand the on-device AI ecosystem,” said Lokwon Kim, CEO of DEEPX. “By combining the strengths of both on-device AI hardware and software, we will strive to bring competitive AI solutions to the global market.”

This MOU highlights the growing global recognition of Korean innovation in on-device AI technology, signaling a new phase of international expansion for domestically developed AI solutions.

About Nota AI

Nota AI (Nota Inc.) is a leading on-device AI company specializing in AI model optimization and on-device generative AI. Leveraging its proprietary NetsPresso® platform, Nota AI delivers high-performance AI capabilities across various industries, including transportation, automotive, mobile, IoT, and beyond. The company maintains strategic collaborations with global semiconductor leaders and Fortune 100 corporations such as NVIDIA, ARM, Qualcomm, Sony, and Samsung Electronics. With established entities in the U.S. and Germany, Nota AI is actively expanding its global presence, notably into key markets in the Middle East and Southeast Asia. The company’s technological leadership has been globally recognized, most recently by its inclusion in CB Insights’ ‘100 Most Innovative AI Startups’.
For more information, visit www.nota.ai.

About DEEPX

Founded in anticipation of an era when artificial intelligence will be as pervasive as electricity and Wi-Fi, DEEPX develops core technology for high-performance AI semiconductors and computing solutions that bring intelligence to electronic devices. DEEPX currently holds over 326 patents pending in the U.S., China, and Korea—one of the largest patent portfolios in the world for on-device AI chip development.

DEEPX’s AI semiconductors are optimized for various applications, improving energy efficiency while enabling advanced AI functionality. The company is collaborating with customers such as Hyundai Kia Motors Robotics Lab, POSCO DX, Jahwa Electronics, LGU+, and Inventec on mass-production developments. In addition, DEEPX works with more than 120 global organizations in areas like smart cameras, surveillance systems (AI NVR), smart factories, robotic platforms, and AI servers, and conducts strategic global promotions in the United States, China, Taiwan, and Europe.