Home Blog Page 2044

Agoda Expands Flagship Store Initiative with ONYX Hospitality Group Partnership

Agoda’s Flagship Store offers ONYX Hospitality a tailored digital storefront providing enhanced brand visibility and global marketing opportunities

SINGAPORE, Oct. 28, 2025 /PRNewswire/ — Set against the backdrop of the latest ITB Asia event that took place in Singapore from 15th to 17th October, digital travel platform Agoda has welcomed ONYX Hospitality Group, a leading regional hospitality management company in Southeast Asia specializing in hotels, resorts, serviced apartments, and luxury residence, as the latest chain to sign up to its unique Flagship Store offering. The initiative gives hotel groups enhanced brand visibility and exclusive marketing opportunities while offering travelers a dedicated digital storefront to discover and book ONYX’s hotels.

The latest Agoda Flagship Store offering is a multichannel marketing solution that enables hotel brands to create and showcase their story, build customer loyalty and support revenue growth. Unlike standard listings, the Flagship Store brings together a partner’s entire portfolio into one curated hub. ONYX Hospitality Group, a Bangkok-based company with a growing portfolio of properties across Asia Pacific, now has its Amari, OZO, and Shama brands featured in its very own curated Flagship Store.

“The Flagship Store offering forms an important part of Agoda’s commitment to help our hotel partners stand out in a competitive market and connect more effectively with global travelers,” said Romain Christodoulou, Vice President of Supply at Agoda. “We are excited to have ONYX Hospitality onboard, a trusted partner that shares our commitment to digital innovation and delivering excellent experiences for travellers as they book with confidence and convenience.”

Through this collaboration, ONYX Hospitality gains a visibility boost via exclusive entry points on Agoda’s platform, access to extensive global marketing channels, exclusive promotional opportunities, and detailed performance insights. For travelers, the Flagship Store makes it easier to explore ONYX Hospitality’s properties and enjoy the best available deals when booking with Agoda.

“We are excited to collaborate with Agoda, whose advanced technology and strong marketing capabilities make them the ideal partner to showcase our properties in a dedicated and engaging way,” said Mr. Bharath Satyavolu, Vice President, Commercial, ONYX Hospitality. “This initiative supports our commitment to combining exceptional hospitality with the latest digital solutions.”

The launch of the ONYX Flagship Store represents one of the first partners on Agoda’s broader Flagship Store offering, designed to provide leading hotel groups with new ways to promote their brands and engage customers. It highlights hoteliers’ brand identity with customized visuals, exclusive promotional placements, and tailored marketing support.

Hospitality groups and hoteliers that have already utilized the platform include Accor Thailand. For travelers, this means an experience that feels closer to booking directly with the hotel brand, while still accessing Agoda’s global deals, customer service, and loyalty benefits.

Travelers can visit the ONYX Flagship Store on Agoda here.

— ENDS —

ASEAN Summit in Malaysia Highlights 0% US Tariff, Regional Cooperation, Myanmar

ASEAN Summit in Malaysia Highlights 0% US Tariff, Regional Cooperation, Myanmar
A group photo featuring the leaders of ASEAN countries holding hands (photo credit: Vientiane Mai)

The 47th ASEAN Summit, held in Kuala Lumpur, Malaysia, from 26–28 October, brought together leaders from Southeast Asia and partner countries to discuss trade, regional cooperation, and pressing geopolitical issues.

Malaysia and WEF Drive ASEAN’s Next Leap in AI Governance and Industrial Innovation

Powering the Intelligent Age Summit announced the ASEAN AI Safety Network and Sustainable AI White Paper, aligning regional collaboration with sustainability and trust


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 28 October 2025 – The Ministry of Digital, through the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR), in collaboration with the World Economic Forum (WEF), today hosted the Powering the Intelligent Age: Driving Innovation with Southeast Asia and Beyond Summit at Sasana Kijang. The event aimed to deepen collaboration on artificial intelligence (AI), digitalisation and clean industrial transformation. The event also marked a key milestone in Malaysia’s ASEAN Chairmanship, positioning the country as a convener of regional dialogue on technology governance and innovation, with a strong focus on digital transformation, and the region’s broader energy transition agenda.

Group Photo 11zon

The summit drew over 400 delegates from 14 countries and was attended by senior policymakers, corporate figures, researchers and startup founders. The wide representation from ASEAN’s digital and energy sectors, together with development partners and industry experts reflected strong collaboration across public, private and international sectors in advancing responsible and sustainable technology adoption across ASEAN.

A major highlight of the summit was the announcement on the ASEAN AI Safety Network (ASEAN AI Safe), a Priority Economic Deliverable for Malaysia’s ASEAN Chairmanship. Envisioned to be anchored in Kuala Lumpur, the Network connects policymakers, researchers and industry players to advance safe and inclusive AI adoption. The initiative forms part of Malaysia’s wider effort to position ASEAN as a globally trusted hub for responsible innovation and digital transformation.

YB Gobind Singh Deo, Minister of Digital said, “Malaysia wants to become an AI Nation by 2030, supported by trusted governance, inclusive talent development and investments that drive real economic impact. As ASEAN Chair, we are focused on building collaborative frameworks that ensure technology is deployed safely, transparently and for the benefit of all communities. The ASEAN AI Safe marks an important step forward, but it is only one part of our broader mission to create an ecosystem where innovation and accountability move together.”

Reflecting these priorities, the summit’s agenda was designed to move from policy to implementation, focusing on practical collaboration and measurable outcomes. Discussions centred on establishing a common baseline for AI governance across ASEAN, aligning sustainability with technology adoption and accelerating industrial transformation through innovation partnerships. Another key milestone was the announcement of the Sustainable AI White Paper, developed in partnership between MYCentre4IR and ERM, in consultation with Microsoft , to guide responsible and energy-efficient AI deployment across the region.

A Leader’s Dialogue between YB Gobind Singh Deo and Cathy Li, Head of the Centre for AI Excellence and Executive Committee Member at the World Economic Forum, examined ASEAN’s framework for responsible AI development and discussed strategies to enhance the region’s access to AI capabilities in support of economic growth. The session focused on how regional collaboration can promote responsible AI, and build public trust in technology.

“The potential for successful transformation of Southeast Asia’s economy through AI is still largely untapped, and the region has a unique chance to shape the global AI standards of tomorrow”, said Cathy Li. “But this requires alignment across the region, to create a shared governance framework that fosters trust, transparency and sustainability into the fabric of innovation, and joint strategies for building sustainable and inclusive resilient AI ecosystems”.

The World Economic Forum is committed to supporting the region in realising a successful AI journey, by convening and partnering with Governments and all actors of the AI value chain.

The summit also featured a special address by Deputy Secretary-General of ASEAN for ASEAN Economic Community H.E. Satvinder Singh, who highlighted that regional collaboration is central to ensuring technology becomes a driver of shared prosperity and inclusion. He emphasised ASEAN’s role in developing policies that strengthen cross-border collaboration, support digital economy growth and build institutional readiness for the Intelligent Age.

At the industry level, the Transitioning Industrial Clusters (TIC) dialogue showcased how data platforms, advanced automation and clean-energy integration can help ASEAN industries strengthen competitiveness while reducing emissions. The summit’s focus on regional transition highlighted how ASEAN is aligning industrial policy, technology, and innovation to build a cleaner and more resilient future. Dialogue on cross-border green-electron trade under the ASEAN Power Grid, industrial decarbonisation and nuclear energy readiness reflected the region’s determination to strengthen energy security while advancing sustainability goals.

The summit highlighted the growing convergence between artificial intelligence and industrial sustainability as the drivers of ASEAN’s future competitiveness. It demonstrated how cross-border collaboration between governments, industry leaders, academia, and innovators is essential to harness technology responsibly while advancing shared regional goals. The Ministry of Digital is committed to ensuring that Malaysia’s national digital ambitions remain aligned with ASEAN’s themes of sustainability and inclusivity. The collaboration with industry and Microsoft as one of the trusted partners in establishing Malaysia as a sustainable digital hub and a secure location for digital assets across the region reflects the Ministry’s vision of a future where innovation, inclusivity, and environmental responsibility move in tandem – positioning ASEAN as a global hub for safe, trusted, and sustainable digital transformation.

Hashtag: #MyDIGITAL #WEF #MYCentre4IR

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

About MyDIGITAL Corporation

MyDIGITAL Corporation is a monitoring agency and operates as a Strategic Change Management Office under the Ministry of Digital, overseeing the implementation of the Malaysia Digital Economy Blueprint (MDEB) and the National 4IR Policy. It serves as the secretariat to the National Digital Economy and 4IR Council, chaired by the Prime Minister, and hosts the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) in collaboration with the World Economic Forum. MyDIGITAL Corporation is a dynamic platform aimed at accelerating the digital transformation and adoption of 4IR technologies and fostering innovation.

Website : | Follow us at | | |

About World Economic Forum

The World Economic Forum (WEF) is the International Organisation for Public-Private Cooperation. It engages leaders from government, business, academia, and civil society to shape global, regional, and industry agendas. Headquartered in Geneva, Switzerland, the Forum is committed to improving the state of the world by fostering dialogue, driving systems change, and advancing solutions on critical global issues including energy transition, climate action, technology governance, and inclusive economic development.

About Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR)

Hosted by MyDIGITAL Corporation, the Malaysia Centre for the Fourth Industrial Revolution (MYCentre4IR) is part of the World Economic Forum (WEF) global network of Centre 4IR. It is the 1st centre in Southeast Asia and 19th in WEF’s global network of Centre for Fourth Industrial Revolution. It is a dynamic and forward-thinking platform designed to ignite innovation, facilitate policy development, and drive collaboration on a global scale. The partnership with the Forum provides access and connection to a vast pool of knowledge, best practices, and global insights from a network of like-minded organisations and countries, enabling learning and collaboration on cutting-edge projects.

Website : | Follow us at | |

Experience the Future of Clean: CCE 2026 Invites Global Professionals to Shanghai

SHANGHAI, Oct. 28, 2025 /PRNewswire/ — The 27th China Clean Expo (CCE), organized by IM Sinoexpo and supported by ISSA – The Worldwide Cleaning Industry Association, will take place from March 31st to April 3rd, 2026, at the Shanghai New International Expo Center (SNIEC). As Asia’s premier cleaning industry event, CCE warmly invites cleaning professionals, industry experts, and solution seekers from around the world to pre-register now and be part of this dynamic exhibition, where cutting-edge technologies, sustainable practices, and unparalleled business opportunities converge.

In 2026, CCE is set to welcome nearly 500 exhibitors across Halls N1 to N4, with leading brands including Nilfisk, Rubbermaid, ICE, Lavor, AR, Gausium, Pudu, KLENCO, CHANCEE, Bennet, Alan, KINGWE and more convene together. The exhibition will showcase a full spectrum of products and solutions, including cleaning equipment & accessories, tools & agents, high-pressure cleaners, restroom supplies, air purification & epidemic prevention, facility management, smart cleaning technologies, laundry products, and environmental sanitation etc. This extensive showcase grants you access to the latest innovations and key trends, shaping the future of the cleaning industry.

Among these categories, commercial cleaning equipment stands out as a key highlight of CCE, driven by China’s robust and integrated supply chain. Each year, CCE brings together a wide range of high-quality manufacturers showcasing reliable machines and components. Battery technology plays a key role in enabling flexible, cordless, and long-lasting performance—critical for modern cleaning operations. Drawing on China’s leadership in EV and battery innovation, top suppliers such as Quanyu, Discover Battery, Dachuan New Energy, Hongbo Power and EVE Battery will present advanced lithium-ion and smart battery solutions tailored for cleaning equipment.

Building on last year’s success, the three dedicated feature zones—Restroom Supplies, Smart Cleaning, and Environmental Sanitation—will return at CCE 2026, joined by three new additions: the Property Management Zone, High-pressure Cleaning Zone, and Laundry Products Zone. Together, these special zones offer a more comprehensive platform for international professionals seeking the latest products and technologies tailored to specific industry challenges. Visitors can explore advanced solutions for enhancing operational efficiency, improving hygiene standards, and adopting sustainable practices across a broader range of applications.

At the forefront of these zones, the Smart Cleaning Zone at CCE 2026 highlights one of the industry’s fastest-growing trends. A recent report shows that the global commercial cleaning robot market is projected to reach USD 1.56 billion by 2031, growing at a 20.2% CAGR—driven by rising labor costs, workforce shortages, and demand for smarter facilities. China, with its strong foundation in AI, automation, and IoT, has become a global leader in intelligent cleaning robot manufacturing. Excellent innovators like Viggo, Rosiwit, Ecovacs, Agibot, Wimsha Robot, SAITE, Partner Robot, YIJIAHE, KEENON, Udeer, KOKOBOTS and more makes CCE the ideal platform to explore and source cutting-edge smart cleaning solutions.

In addition to the exhibition, CCE 2026 offers a dynamic lineup of co-located events, including industry forums and the highly anticipated cleaning skills competition. These activities provide international visitors with valuable insights into market trends, regulatory updates, and innovative applications. The forums connect global professionals with industry experts and thought leaders, fostering knowledge exchange and networking opportunities. Meanwhile, the hands-on skills competition showcases real-world cleaning techniques and best practices, allowing attendees to observe performance comparisons of different tools and methods in action.

“I warmly welcome all international cleaning professionals to CCE 2026,” said Helen Du, Director of CCE. “We are committed to providing a forward-looking, industry-focused platform where you can discover innovation, gain practical insights, and connect with key partners to grow businesses. With the latest technologies, real-world applications, and content tailored to your needs, we aim to make CCE a valuable and inspiring experience. Your success is our priority—we look forward to welcoming you to Shanghai.”

Mark your calendars: the 27th China Clean Expo will take place from March 31st to April 3rd, 2026, at the SNIEC. We warmly welcome professionals across the global cleaning and facility ecosystem to gather in Shanghai—where insights meet innovation, and collaboration fuels progress. Together, let’s advance innovation and build a cleaner, smarter, and more sustainable tomorrow. Pre-registration for CCE 2026 is now open—visit our website www.chinacleanexpo.com/en to secure your free entry today.

For social feeds , please follow China Clean Expo on Twitter @ CCE_cleanexpo, Facebook @ CCEChinaCleanExpo, and LinkedIn @ china-clean-expo.

About China Clean Expo (CCE)

Launched in 2002, China Clean Expo is the one-stop cleaning solution provider for commercial, institutional and industrial facilities. Exhibit categories include cleaning equipment and accessories, tools and chemical agents, restroom supplies, indoor air purification, epidemic prevention, facility management, smart cleaning, laundry, and environmental sanitation. As one of the sub-shows of Hotel & Shop Plus, China Clean Expo has the unique advantage of visitor resource from hospitality and commercial space sector. Recognized as the must-attend event for cleaning industry in China, China Clean Expo is the right place to connect with cleaning suppliers and buyers from China and all over the world. For more information, please go to www.chinacleanexpo.com/en.

About Hotel & Shop Plus

Hotel & Shop Plus is China’s leading trade show catering to hospitality and commercial space industry. Serving as one-stop sourcing platform for hotels, restaurants, clubs, retail shops, shopping malls and other commercial properties, the mega event is consisted of 8 sub-shows spanning exhibit categories from architectural decoration, engineering design, lighting, intelligent products to hotel amenities, furniture, cleaning, facility management, smart retail and franchise. By presenting the latest products and innovative brands, Hotel & Shop Plus is leading the way in construction and operation of hotels and commercial space. Learn more at www.hdeexpo.com

About IM Sinoexpo

Shanghai Sinoexpo Informa Markets International Exhibition Co. Ltd (IM Sinoexpo) is a leading event company in China, the joint venture founded in 1998 by Informa PLC and Shanghai Sinoexpo International Exhibition Co., Ltd. Headquartered in London, Informa PLC is the world’s top trade show organizer listed on FTSE 100.

The total exhibition rented area annually by IM Sinoexpo is over 1,500,000 sq.m, (accounted for 1/10 of Shanghai’s total exhibition rented area in 2019), creating multiple trade opportunities for nearly 1 million buyers worldwide. Developed since 2016, our online business now includes 8 major B2B platforms, 5 B2P sourcing mini-programs and 1 application. The total number of employees is near 500. For more information, please visit www.imsinoexpo.com/en

LSBF Singapore Campus Wins big “Business Transformation Award” and Named Highly commendable “Employer of the Year” at the BritCham Awards 2025

SINGAPORE, Oct. 28, 2025 /PRNewswire/ — The London School of Business and Finance (LSBF) Singapore Campus is proud to announce its outstanding achievement at the 26th British Chamber of Commerce Singapore (BritCham) Business Awards, being named the Winner of the Business Transformation Award and and Highly Commended by the judges for Employer of the Year, alongside Mott MacDonald.

Britcham Photo
Britcham Photo

This prestigious recognition marks a defining milestone in LSBF’s journey of growth. Over the past two years, the institution has reimagined its approach to business education — strengthening academic pathways, industry alliance, and fostering a people-first culture grounded in collaboration and inclusivity.

“This award is a phenomenal endorsement of everything we do every day — and love doing,” said Miko Chng, Associate Director of Recruitment, Executive Development & Marketing at LSBF Singapore Campus. “It’s an incredible affirmation of the team’s hard work and belief in the power of education to change lives.”

The Business Transformation Award celebrates LSBF’s ability to adapt and thrive amidst change — from the launch of future-ready programmes in Cybersecurity, Cloud Computing, and AI, to new corporate collaborations with industry partners including Grab to formalising its latest MOU with ACRA in August. These initiatives have strengthened LSBF’s position as a trusted institution bridging academic excellence with real-world industry needs.

Looking ahead, 2026 promises to be another dynamic year of growth. LSBF Singapore will continue to expand its Executive Development portfolio, deepen collaborations with leading employers, and broaden industry immersion opportunities that enhance real-world learning and career readiness.

“Winning this award is both a reflection and a motivation,” added Miko. “It reminds us how far we’ve come — and how much more we can achieve when we stay true to our mission

About LSBF Singapore

The London School of Business & Finance (LSBF), founded in 2003 and a member of the Global University System (GUS), serves over 25,000 students across more than 40 countries. With campuses in key cities including the UK, Singapore, and Malaysia, LSBF has expanded its international footprint, particularly in Asia. LSBF Singapore campus offers over 100 programmes in business, finance, law, hospitality, and technology, and collaborate with reputable universities to provide internationally recognised qualifications. LSBF holds EduTrust certification, partners with organizations like Grab, Deloitte and ISCA, and is an ACCA Approved Learning Partner. In recognition of its future-focused approach to education, LSBF was honoured with the Singapore Business Review’s International Business Award in Education for two consecutive years – 2024 and 2025. These accolades reaffirm LSBF’s commitment to delivering quality, industry-aligned education that empowers aspiring professionals globally.

 

Samsung Biologics reports third quarter 2025 financial results

  • Recorded Q3’25 consolidated revenue of KRW 1,660.2 billion
  • Recorded Q3’25 consolidated operating profit of KRW 728.8 billion
  • Delivered consistent performance through stable capacity ramp-up and strengthened global partnerships

INCHEON, South Korea, Oct. 28, 2025 /PRNewswire/ — Samsung Biologics (KRX: 207940.KS), a leading contract development and manufacturing organization (CDMO), today announced its financial results for the third quarter of fiscal year 2025.

“Our third quarter results reflect the solid foundation we have built through operational excellence and disciplined execution,” said John Rim, CEO and President of Samsung Biologics. “We continue to prioritize standardization and scalability across our global network under our ExellenS™ manufacturing framework, delivering speed, reliability, and predictable outcomes that our partners can count on. As the industry evolves, our commitment remains clear—to create sustained value for clients by ensuring that every product we manufacture contributes to advancing patient health worldwide.”

THIRD QUARTER 2025 RESULTS

Samsung Biologics posted consolidated revenue of KRW 1,660.2 billion and operating profit of KRW 728.8 billion in the third quarter of 2025, driven by full-scale operations at Plant 4 and steady sales across all business units.

Standalone revenue reached KRW 1,257.5 billion, reflecting stable operations across all facilities and expanded project execution. The company maintained its annual revenue growth guidance, supported by steady client demand and efficient capacity utilization.

[Consolidated Earnings, KRW billion]

Q3’25

Q3’24

YoY Change

Revenue

1,660.2

1,187.1

473.1

Operating Profit

728.8

338.6

390.2

EBITDA

907.8

495.4

412.4

BUSINESS UPDATES

In the third quarter, Samsung Biologics continued to secure new manufacturing and development contracts with global pharmaceutical partners, bringing its cumulative contract volume to over USD 20 billion since its founding. These achievements highlight the company’s consistent performance and enduring trust from its clients across diverse modalities.

The planned spin-off to separate the CDMO business from its subsidiary remains on track for completion in November 2025. This will enable each entity to maintain a clear strategic focus, allowing Samsung Biologics to enhance client satisfaction and long-term competitiveness as a dedicated, pure-play CDMO.

The company also introduced ExellenS™, its optimized manufacturing framework that represents the culmination of Samsung Biologics’ operational excellence to date. Built on the principles of equivalency and speed in delivery, ExellenS™ integrates standardized design, equipment, and processes across all facilities, enabling greater flexibility in securing supply, speed-to-market, and rapid approvals.

Samsung Biologics further strengthened its environmental, social, and governance (ESG) initiatives during the quarter. The company established a Product Carbon Footprint (PCF) measurement system to assess and manage emissions across operations and supply chains. As a member of the Sustainable Markets Initiative’s Health Systems Task Force, Samsung Biologics advanced its commitment to carbon neutrality by aligning with the initiative’s enhanced climate goals. The company is also encouraging its suppliers and partners to adopt shared sustainable practices, fostering collective progress toward decarbonization and a more resilient healthcare ecosystem.

With steady client demand and strong operational performance, Samsung Biologics remains on track to achieve its annual growth objectives. The company will continue to focus on reliability, innovation, and sustainable business practices, reinforcing its role as a trusted partner in advancing global healthcare.

About Samsung Biologics

Samsung Biologics (KRX: 207940.KS) is a leading contract development and manufacturing organization (CDMO), offering end-to-end integrated services that range from late discovery to commercial manufacturing.

With a combined biomanufacturing capacity of 784,000 liters across five plants, Samsung Biologics leverages cutting-edge technologies and expertise to advance diverse modalities, including multispecific antibodies, fusion proteins, antibody-drug conjugates, and mRNA therapeutics.

By implementing the ExellenS™ framework across its manufacturing network with standardized designs, unified processes, and advanced digitalization, Samsung Biologics ensures plant equivalency and speed for manufacturing continuity.

Samsung Biologics also operates commercial offices in Korea, the U.S., and Japan. Samsung Biologics America supports clients based in the U.S. and Europe, while its Tokyo sales office serves the APAC region.

Samsung Biologics continues to invest in new capabilities to maximize operational and quality excellence, ensuring flexibility and agility for clients. The company is committed to the on-time, in-full delivery of safe, high-quality biomedicines, as well as to making sustainable business decisions for the betterment of society and global health.

For more information, visit https://samsungbiologics.com/

Samsung Biologics Media Contact
Claire Kim, Head of Marketing & Global Communications
cair.kim@samsung.com

Unilumin Establishes Joint Venture, Achieving A Strategic Leap from “Display Hardware Supplier” to “AI Intelligent Service Application Provider”

SHENZHEN, China, Oct. 28, 2025 /PRNewswire/ — On October 25, 2025, “AI lights up the future “— Unilumin Group’s 21st Anniversary AI Forum and New Products Launch Event was held grandly at Daya Bay Intelligent Manufacturing Base.

Unilumin AI Forum and New Product Launch——Signing ceremony
Unilumin AI Forum and New Product Launch——Signing ceremony

Over 400 partners, including Unilumin’s global ecosystem partners, investors, and media representatives, gathered to discuss the path to industrializing AI and witness the latest achievements and breakthroughs in Unilumin’s LED+AI strategy.

Tiger Lin, Chairman of Unilumin Group, stated in his speech that 2025 is a critical year for the accelerated implementation of AI, with the resonance of policies, technology, and ecology driving artificial intelligence to fully integrate into public life. Facing the AI era, Unilumin will focus on two directions: “industry-specific vertical model customization” and “AI application”, enabling large screens to think and serve, evolving from information carriers to intelligent interactive gateways. Unilumin looks forward to collaborating with global partners to jointly advance AI solutions into thousands of industries, reshaping the terminal value of the Metasight industry.

At the event, Unilumin officially signed and reached cooperation agreements with Zhipu and YMATE, and the three parties jointly invested in establishing Shenzhen Intelligent Display Robot Co., Ltd.

The new company will build an innovative ecological system in the AI intelligent terminal field through technical collaboration, providing end-to-end support from industry-specific vertical model training to software and hardware integration to promote the “display embodiment” implementation of AI in governance, education, conferences, cultural tourism, and other scenarios, aiding the intelligent upgrade of the Metasight industry.

The establishment of the joint venture company signifies a strategic transformation of the LED display industry from “hardware competition” to “ecosystem competition”. Through deep technological coupling and precise scenario implementation, the three parties are redefining the value boundaries of large screens, driving them to become core infrastructure in the digital economy era. As the “display embodiment” trend accelerates, this cooperation model is expected to spur disruptive innovation in more vertical fields, setting a new benchmark for the industry’s intelligent upgrade.

By strategically leaping from a mere “display hardware supplier” to an “AI intelligent service application provider”, Unilumin hopes to join hands with partners to leverage AI to help businesses achieve leapfrog development and provide smarter AI solutions for various industries.

For more information, please visit: https://www.unilumin.com/ 

SHANGHAI FOSTERS AI SECTOR

Artificial intelligence industry powering city’s economy, with companies seeing 65 percent surge in profits

BEIJING, Oct. 28, 2025 /PRNewswire/ — A news report from chinadaily.com.cn

ABB demonstrates new offerings powered by ABB Robotics' OmniCore single control platform. [Photo provided to chinadaily.com.cn]
ABB demonstrates new offerings powered by ABB Robotics’ OmniCore single control platform. [Photo provided to chinadaily.com.cn]

Shanghai, as a leading hub for artificial intelligence in China, has been contributing its expertise to support AI development and global governance in recent years.

According to the Shanghai government, the industry has become a new engine for the city’s economy. By the end of the first quarter in 2025, the total industrial value of Shanghai-based AI companies with a minimum annual sales revenue of 20 million yuan ($2.8 million) had exceeded 118 billion yuan, up 29 percent year-on-year. The profit generated by these companies surged 65 percent year-on-year.

Shanghai has also seen the establishment of many AI communities which can provide support to different sorts of companies. For instance, the SMC Shanghai Foundation Model Innovation Center in Xuhui district mainly fuels large language model development companies, while the Model Magic Community in Pudong New Area mainly supports embodied intelligence and applications. The two communities are home to more than 700 AI businesses and can offer life-cycle financial support to businesses.

Over the past few years, Shanghai has promoted cooperation and communication within the AI industry. The annual World Artificial Intelligence Conference, inaugurated in 2018 in Shanghai, has become a key platform for global experts and businesses to exchange opinions on the latest developments and seek ways to address challenges.

The 2025 World AI Conference & High-Level Meeting on Global AI Governance, held in Shanghai in July, attracted more than 1,500 industry leaders, government officials, researchers and investors from more than 70 countries and regions. The three-day event, centered around the theme “Global Solidarity in the AI Era”, drew more than 300,000 visitors, with over 100 products making their global or China debut.

One of the key outcomes of the 2025 edition was the release of an action plan for global AI governance. It invites governments, international organizations, enterprises and research institutions to collaborate and promote international exchanges, including through a cross-border open-source community.

With significant strides made in AI ecosystem development, Shanghai is becoming a popular destination for developing such technology and products, as well as seeking partnerships for foreign investors in recent years.

Innovative core

Switzerland’s robotic technology giant ABB, which has been leading robotic industry development for more than 50 years, regards AI-powered innovation as the core of its future development.

According to the company, AI not only optimizes industrial processes, leading to improved efficiency and productivity, but also makes robots easier to use, reducing barriers.

Globally, ABB has more than 250 projects in its pipeline, spanning both analytical and generative AI. These include internal projects that optimize workflows and enhance efficiency, and external projects that are developed in close collaboration with customers to drive product innovation and unlock new value.

The Shanghai Mega Factory, one of ABB’s three such facilities worldwide and established in 2022, plays a crucial role in advancing the company’s AI development in China.

“The factory is not just a production site but also our testing ground for AI innovation,” said Henry Han, group senior vice-president and president of ABB Robotics Division in China.

“Our Shanghai Mega Factory and research and development center together form an innovation ecosystem encompassing research, production and application. This setup provides a solid foundation and assurance for AI technology to move from concept to practical implementation, ultimately empowering local customers,” he said.

In July, ABB launched three innovative robotic products from its Shanghai Mega Factory, targeting automation requirements across sectors such as electronics, consumer goods, and general industries. These new offerings — powered by ABB Robotics’ OmniCore single control platform that enables the full integration of AI, sensors, cloud and edge computing systems — are designed to handle tasks ranging from basic material handling to sophisticated applications such as dispensing and polishing.

The company said that the developments highlight ABB’s ongoing efforts to meet the rising demand for accessible and user-friendly automation solutions in China.

So far, supported by the Shanghai Mega Factory, ABB has produced 90 percent of its robots in China for local clients. It has also committed to increasing the localization of its supply chain in recent years.

Han said ABB, with roots in China dating back to 1994, will continue to use the capacity of its Shanghai Mega Factory to promote its “local-to-local” strategy to better serve businesses in China.

“Today, we continue to expand our robotics leadership in China, for China and beyond, building on our full local value chain of manufacturing, research and development to deliver groundbreaking solutions for our customers in businesses of all sizes,” said Han.

Shanghai boasts the most advanced production capacity of ABB in the world and will continue to be a strong arm to support the long-term development of the company.

“Reflecting on ABB’s 30 years of robust growth in Shanghai, we deeply appreciate the city’s excellent business environment, its atmosphere of innovation and its strong support for technological innovation in high-end manufacturing,” said Han.

“We are honored to have been a part of the city’s growth and are very optimistic about the prospects for smart manufacturing here. In the future, we hope to leverage Shanghai’s strong manufacturing foundation and mature industrial ecosystem to continue deepening our local presence. We look forward to resonating with Shanghai’s spirit of innovation and aligning with China’s modernization process,” he said.

Accelerating development

Siemens, which has been developing AI technology for more than 50 years, is accelerating its efforts in China by leveraging its expertise in the industrial sector.

According to Xiao Song, global executive vice-president of Siemens, and chairman, president and CEO of Siemens China, the country’s manufacturing industry is at a critical stage of high-quality development.

In emerging sectors such as battery manufacturing and new energy vehicles, China not only has large-scale and complete supply chains but is continuously shaping new advantages in global industrial competition. The rapid growth of these industries provides extensive application scenarios and a rich data foundation for industrial AI.

“Siemens is confident about future development in China. This confidence stems from China’s comprehensive industrial system, the most complete in the world, as well as its more than 6 million manufacturers, of which most are small and medium-sized enterprises that are active across various segments of the industrial value chain. Additionally, China fosters a robust atmosphere for innovation, further enhancing its appeal as a key market for Siemens,” said Xiao.

“The window of opportunity for industrial AI has opened, with China offering the most dynamic application landscape. It is fertile ground for incubating industrial intelligence. In the future, those who can effectively implement AI, run successful applications, produce tangible results and create value will seize the initiative in the new era of productivity,” he said.

Shanghai will continue to be a vital city in supporting the company’s journey in the AI world, according to the company.

“Siemens will continue to leverage its open digital business platform, Siemens Xcelerator, to further expand its AI collaboration network in Shanghai and the Yangtze River Delta, supporting local companies in accelerating product development and market deployment,” said Xiao. “The era of industrial AI has begun. China’s vast and diverse industrial system is becoming the most dynamic application scenario for AI, opening up new possibilities for a leap in productivity for Chinese industry.”

He added: “Siemens has been deeply involved in the AI field for over 50 years. With high-quality data, deep industry knowledge, and full-stack technical capabilities that combine software and hardware, we are continuously making breakthroughs in cutting-edge areas like ‘industrial foundation models’ and ‘industrial agents’. We are building an open innovation ecosystem that drives the transition from AI+manufacturing to manufacturing+AI, injecting new momentum into the transformation and upgrading of China’s manufacturing industry.”

Lighting the way

Signify, a key lighting solutions provider from the Netherlands, has established one of the largest R&D centers of the group and a Chinese institute in Shanghai to promote AI innovation and applications in the lighting sector.

“We focus on exploring the deep integration of AI technology and smart lighting systems in both professional and home lighting sectors, incorporating AI algorithms into lighting products and solutions to achieve more efficient energy management, more precise operational and maintenance decisions and a smarter, smoother user experience,” said Liu Haitao, head of Research China of Signify.

Liu said Signify has launched several AI-driven lighting products and solutions in the Chinese market.

In May, Signify introduced its first industry-specific generative AI agent globally for lighting management systems. This generative AI agent has been integrated with Signify’s smart connected road lighting system, Interact City Flex, to empower smart streetlight system development in Shanghai and other cities around China, according to Liu.

In addition, during the 2025 China International Import Expo, set to run from Nov 5 to 10 in Shanghai, Signify will launch a new home lighting solution which redefines the relationship between lighting and human mood, said Liu.

Apart from bringing AI solutions to its clients, Signify integrates AI into its production processes to enhance operational efficiency and gain deeper market insights. In 2024, Signify launched its enterprise-level generative AI tools within the group to help employees innovate their working style.

“The value of AI technology lies not only in the innovation itself but also in how it truly empowers employees and enhances organizational efficiency. The implementation of Signify GenAI Tools is a significant practice in turning this concept into reality and provides the industry with a model for digital transformation,” said Liu.

Eyeing emerging potential in AI development, Signify will continue to integrate AI with its lighting solutions to support urban development in various aspects.

“We will focus on key areas such as smart buildings, healthy living environments, and urban sustainability, and further promote the integration and innovation of AI technology with lighting solutions. This includes expanding their intelligent applications in scenarios such as offices, healthcare and hotels,” said Liu.

“Our goal is to transform lighting systems from basic functional services to intelligent perception and autonomous decision-making. By leveraging smart lighting environments, we aim to empower the digital transformation of cities and build a more efficient, human-centric and sustainable urban ecosystem for the future,” Liu added.