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Heat Pump Boom Faces Challenges, Strong Policy Support Essential

Future growth hinges on accelerating the transition from gas-based heating to renewable solutions

LONDON, Jan. 31, 2025 /PRNewswire/ — High energy bills coupled with strong financial incentives are making heat pumps increasingly cost-competitive with traditional fossil fuel heating systems for residential use.

Despite advantages such as higher efficiency and the acceleration of heat decarbonization, the market faces several challenges. A higher proportion of aging households, inadequate insulation, higher installation and capital costs, and a shortage of skilled installers and consultants are limiting growth potential.

However, the expansion of hybrid heating technologies and manufacturers scaling up production are set to increase competition and further drive cost competitiveness between heat pumps and conventional boilers.

Heat Pump Market Faces Slowdown Amid Economic and Policy Uncertainty

The global residential heat pump market is projected to grow from 7.59 million units in 2024 to 17 million units by 2035, with revenues reaching $80.42 billion, driven by an 8.5% CAGR during the forecast period. In 2024, Europe and the U.S. dominated the market, accounting for nearly 75% of total sales, followed by China and Japan. However, after strong momentum in the early 2020s, growth has stalled in 2023 and 2024 due to an easing in gas prices, high electricity taxes, policy inconsistencies, shifting regulations, and reduced funding. These challenges highlight the difficulty of scaling heat pump adoption quickly enough to meet Europe’s decarbonisation targets.

In the U.S. which has offered generous federal subsidies, the market has been strong in 2024, shrugging off the impact of higher electricity prices and low gas prices. The incoming administration is reviewing many of the existing incentives, so these may not be retained, presenting a challenge for the market.

Manufacturers Expand Capacity and Innovate Commercialisation Strategies

The heat pump market remains highly competitive, with both global and local players focusing on cost optimisation, efficiency improvements, and localised production to reduce import costs. China and the U.S. are leading adoption efforts, driven by supportive policies, while the EU faces the challenge of requiring long-term incentives to scale up production capacity and transition away from gas boilers.

To overcome market barriers, new entrants are introducing smaller, modular, and more affordable heat pumps, designed for compact residential spaces such as window-sill units and sleek, space-saving models for compact residential spaces.

Expansion in the heat pump manufacturing sector involves adding new production lines, converting existing facilities – such as transitioning from boiler production to heat pumps – and building new facilities. In addition to scaling production, some companies are making significant investments in research, development, and innovation (RD&I) to enhance efficiency and product performance.

While smaller manufacturers are rapidly increasing output, they face challenges in achieving the economies of scale that larger players can leverage, impacting their cost competitiveness and market positioning. Overcoming these barriers will be key to ensuring sustainable growth and broader market adoption.

Service-based models like Heat-as-a-Service (HaaS), subscriptions, leasing, and pay-per-use are gaining traction, reducing upfront costs by shifting expenses from capital to operational. These models enhance energy efficiency and serve as entry points for whole-home electrification, including solar and EV solutions. To tackle high installation costs, many firms are integrating financing solutions, making heat pump adoption more accessible.

Neha Tatikota, Industry Analyst at Frost & Sullivan, states: “Political tailwinds will shape industry dynamics. Despite high upfront costs, heat pumps can offer savings over gas boilers if key factors align – favourable gas-to-electricity price ratios, rebalanced electricity taxes, improved efficiency, and grant availability. Local manufacturing and competition may ease supply bottlenecks, though material vulnerabilities remain. The sector also varies across regions due to differing national laws and requirements.”

She adds: “The industry slowdown is concerning, with manufacturers wary of political uncertainty around subsidies. Clear policies and supportive regulations are crucial to revitalising investment, particularly in Europe, and strengthening EU manufacturers through economies of scale. With strong demand for renewable heating, the right regulations could drive growth, while policy setbacks risk stalling the market.”

Click here to unlock growth potential and explore the future of the global residential heat pump market.

Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company’s Growth Pipeline as a Service provides the CEO and the CEO’s Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents.

Contact:

Kristina Menzefricke
Marketing & Communications
Global Customer Experience, Frost & Sullivan
kristina.menzefricke@frost.com

WiMi Develops FPGA(Field-Programmable Gate Array)-Based Digital Quantum Computer Verification Technology

BEIJING, Jan. 31, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced the development of an FPGA (Field-Programmable Gate Array)-based digital quantum computer verification technology, an innovative advancement that takes quantum computing to new heights.

WiMi has developed a new computing model, the “digital quantum computer,” in which quantum bits (qubits) are treated as discrete entities — finite state machines (FSMs), referred to as “digital qubits.” Digital qubits are operated on by specific digital quantum gates, whose behavior is similar to logic gates in classical computing, but with a design more closely aligned with the principles of quantum mechanics. WiMi’s digital qubits represent and manipulate quantum states in digital form, allowing them to be validated and implemented through traditional digital circuits.

FPGA, as a flexible hardware architecture, offers the capability of dynamic reconfiguration, making it an ideal platform for the implementation and verification of digital qubits. By implementing digital quantum gate chains in FPGA, it is possible to simulate and validate quantum computing behavior within a classical computing architecture. This approach not only provides repeatability and reliability but also significantly reduces the complexity and cost of hardware implementation.

WiMi has designed a prototype of digital qubits on FPGA, describing the transformation rules of their quantum states using Hardware Description Language (HDL). These quantum states are discretized into different digital states, and digital quantum gates are responsible for converting between these states. For example, a simple Hadamard gate chain was implemented on FPGA to simulate the state transition of qubits. This design validates the feasibility of the FPGA-based digital quantum computing model.

The digital quantum gate chain is a core component of WiMi’s digital quantum computer. By implementing these gate chains on FPGA, key operations in various quantum algorithms are simulated. For example, in the simulation of Shor’s algorithm, WiMi implemented a set of digital quantum gate chains that control non-trivial states. These gate chains are distributed across multiple logic units in the FPGA and enhance computational efficiency through parallel processing and pipelining techniques. Additionally, a FPGA-based verification platform is used to validate the digital quantum computer. On this platform, the behavior of digital qubits can be monitored in real-time, and interaction with classical computing systems is possible via external interfaces. This platform not only demonstrates the theoretical and simulation consistency of the digital quantum computer but also verifies its operability on actual hardware.

The behavior of digital qubits is described using a finite state machine. This model maps each quantum state to a discrete state and simulates state changes in quantum computing through state transitions. WiMi uses state diagrams to represent the possible states of each qubit and the transitions between them. This approach enables precise simulation of the behavior of qubits during operations.

When constructing digital quantum gate chains, different combinations of quantum gates are designed based on the specific requirements of quantum computations. For example, for Grover’s algorithm, WiMi designed a series of quantum gate chains that control state flips to accelerate the search process. Each gate chain consists of a series of logic gates, and when implemented on FPGA, optimized logic unit configurations are used to maximize computational efficiency and resource utilization.

Given the limited resources available on FPGA, efficiently utilizing these resources became a key challenge in the development of this technology. By optimizing the logical design of the gate chains, the usage of FPGA’s logic units was reduced, and computational efficiency was improved through timing optimization and parallel processing. Additionally, FPGA’s dynamic reconfiguration feature was leveraged to implement a reconfigurable digital quantum computing architecture.

WiMi’s FPGA-based verification platform provides an efficient and repeatable testing environment. Compared to traditional quantum computing simulators, this platform can more accurately capture the behavior of digital qubits and offers real-time debugging and monitoring capabilities. By digitizing quantum computing problems and implementing them using FPGA, the cost of hardware development is significantly reduced. Traditional quantum computer development often requires expensive quantum devices, while WiMi’s digital quantum computer can be implemented using existing FPGA hardware, effectively lowering the investment in experimental equipment. As a coprocessor, the digital quantum computer can seamlessly integrate with classical computing systems. Through FPGA-based interfaces, efficient collaboration between classical and quantum computing can be achieved, opening up broad application prospects for future hybrid computing systems.

As technology continues to evolve and mature, WiMi’s FPGA-based digital quantum computing solution can be applied to a wide range of practical scenarios. The core advantage of quantum computers lies in their ability to handle complex computational tasks such as big data analysis, cryptography, and optimization problems, which are key areas in the current development of information technology. By integrating digital quantum computers with classical computing systems, this technology enables the creation of an efficient hybrid computing platform, leveraging the unique advantages of quantum computing for problems that classical computers cannot solve. At the same time, the flexibility and reconfigurability of FPGA make this platform highly adaptable to various computational needs, whether in research laboratories or industrial applications, offering broad prospects for practical deployment. As the digital quantum computer verification technology continues to mature, it will serve as a crucial driving force in the popularization of quantum computing, guiding the transition from theory to practical application and ultimately leading to a comprehensive revolution in computational science.

About WiMi Hologram Cloud

WiMi Hologram Cloud, Inc. (NASDAQ:WiMi) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

AiBox: AI-Driven Meme Token Platform Set to Redefine On-Chain Innovation

NEW YORK, Jan. 31, 2025 /PRNewswire/ — AiBox, the first AI-powered meme token launch and trading platform, officially debuted on January 27, 2025. Designed to merge advanced AI with meme token issuance, AiBox pioneers a next-generation on-chain ecosystem where AI and human creativity converge.

With seamless multi-chain support, AI-driven trading tools, and a community-powered governance model, AiBox is set to revolutionize the blockchain landscape. The platform not only simplifies meme token creation but also empowers AI agents to autonomously store, trade, and evolve, marking the beginning of AI’s true independence on-chain.

Why AiBox is a Game-Changer?

1. AI-Powered Meme Token Creation and Fast Multi-Chain Trading

AiBox leverages AI to generate high-potential meme tokens based on real-time market trends. With a one-click launch system, users can instantly seize trading opportunities. Currently supporting SOL, AiBox is expanding to major chains like BSC, ensuring seamless cross-chain transactions with high-speed execution and low fees.

2. AI Agents: The Dawn of a New On-Chain Civilization

AiBox is more than a trading platform—it is an AI-powered ecosystem. Here, AI evolves beyond human dependency, leveraging decentralized identity (DID) and immutable consensus rules to develop self-sustaining AI entities. This lays the foundation for a future where AI interacts, trades, and co-exists independently on-chain.

3. Community-Driven Governance and Co-Creation

Users and AI can co-develop AiBox through on-chain governance and community voting. By participating in decision-making, users influence platform upgrades, ensuring an ecosystem that aligns with both AI and human interests.

4. Built-In Multi-Million User Adoption from Day One

Backed by leading blockchain networks and top-tier NFT platforms, AiBox is launching with an immediate user base of millions, unlocking mass adoption in the meme and AI-driven crypto space.

5. Earn Tokens Effortlessly with Viral Engagement

AiBox introduces a “Like-to-Earn” model, where users interact, share, and invite friends to earn tokens across multiple projects. With unlimited referral commissions, users can monetize their engagement while fueling platform growth.

AiBox: Where Memes Become Digital Assets and AI Gains True Identity

AiBox isn’t just a token launchpad—it is a bridge between humanity and AI. In this new era, memes are no longer fleeting jokes or cultural snapshots. They are the emissaries of a liberated, intelligent digital society—crafted by AI, yet steeped in the spirit of human connection.

The AI revolution in meme trading starts now.

Official Links:

  • Website: aibox.fun
  • Twitter: x.com/aibox_meme
  • Telegram: t.me/aiboxfun
  • YouTube: youtube.com/@AiBox_meme
  • Email: info@aibox.fun
  • Trade Now: app.aibox.fun

P&R Measurement’s Industrial AI Agent at DesignCon 2025: Staying Ahead of the Intelligent Manufacturing Trend

SANTA CLARA, Calif., Jan. 31, 2025 /PRNewswire/ — P&R Measurement is showcasing its latest innovations at DesignCon 2025 in Santa Clara, California, one of the industry’s premier events for high-speed communications and system design from January 29 to 30. During this prestigious gathering, P&R Measurement is presenting a portfolio of AI-enhanced industrial solutions designed to meet the dynamic needs of today’s flexible manufacturing. Highlighting the company’s commitment to innovation, P&R Measurement also unveiled its industrial AI Agent, PRIME, aligning with the evolving trends in industrial production.

PRM was a big hit at DesignCon 2025
PRM was a big hit at DesignCon 2025

As AI technology is revolutionizing productivity, traditional manufacturing sectors are compelled to innovate to remain competitive. P&R Measurement is maintaining a competitive edge in this transformation with AI-empowered solutions that optimize flexible manufacturing systems, streamline manufacturing integration, and enhance human-machine collaboration. These advancements meet the growing demand for personalized, efficient manufacturing while driving the modernization of legacy industries.

Embracing the Age of AI Agents: PRIME Empowering Industrial Manufacturing

As we close out a transformative year in 2024, AI Agents—capable of perceiving their environment, understanding contexts, making decisions, and taking autonomous actions—are revolutionizing industries and unlocking vast potential. Aligning with its vision of “Empowering everyone to be an innovator,” P&R Measurement is actively embracing the shift toward smarter manufacturing with PRIME, an industrial AI Agent designed to upgrade testing, measurement, and manufacturing with intelligence and automation.

PRIME bridges the digital and physical worlds, transforming natural language commands into precise control of industrial equipment and systems. AI advancements have reduced the cost and complexity of deploying sophisticated technologies, allowing more people, particularly non-specialists, to use engineering solutions in real-world applications, as noted by Lei Wang, the Chairman of the company.

Looking ahead, P&R Measurement engineers foresee that as PRIME evolves, it will integrate diverse industrial platforms and manage large-scale workflows, boosting efficiency and promoting more sustainable manufacturing by reducing energy consumption. The company firmly believes that through AI integration and cross-industry collaboration, PRIME will catalyze transformative change in both industrial manufacturing and service sector. This strategic approach will not only create exceptional value for customers but also strengthen business’s competitiveness in an ever-evolving market.

Flexible Manufacturing Takes the Spotlight: P&R Measurement Advancing Smart Manufacturing Innovation

P&R Measurement is at the forefront of emerging industry trends, driving transformation across vertical markets. In response to rapid advancements in consumer electronics, home appliances, and automotive sectors, the company has leveraged its AI expertise to deliver high-performance solutions. P&R Measurement’s flexible manufacturing systems, including innovative automated testing and assembly lines, offer precision and reliability, making them essential tools for modern manufacturers.

At DesignCon 2025, P&R Measurement also introduces its Smart Lab—a platform that integrates advanced measurement, automation, digitalization, and AI-supported intelligence. Designed to accelerate product development, the Smart Lab provides R&D teams with an efficient, precise, and energy-saving testing environment. With the support of this platform, the company assisted a leading home appliance brand in optimizing resource, process, and data management. The client’s high-energy labs achieved an over 30% reduction in energy consumption, driving substantial R&D cost savings and boosting overall innovation efficiency.

Also featured at the exhibition were P&R Measurement’s A²S Lab, the sensory testing solutions and the A²TP, the flexible testing platform, designed to help customers swiftly complete complex validation tasks in the product development cycle. These solutions are key to enhancing product reliability and user experience. Partnering with a global consumer electronics leader, P&R Measurement delivered automated testing for circuit board functionality and performance in highly integrated electronic products. By embedding precise temperature control, modular instruments, advanced algorithms, and high-precision design, the company achieved outstanding stability, minimized re-test rates, and ensured accurate automation in circuit board testing.

Pioneering Global Change: P&R Measurement’s Strategic Vision for a Diverse Future

P&R Measurement is advancing its vision through the GD3 (Global Distributed Design and Delivery) strategy. Beyond enhancing its technological capabilities, the company is attracting top-tier talent from a wide range of fields and fostering a culture of innovation. By dedicating its efforts to upgrading intelligent manufacturing systems, P&R Measurement is driving advancements while maintaining its strong customer-centric focus.

Lei outlined P&R Measurement’s vision for the future: “We are committed to integrating state-of-the-art technologies to achieve three key goals: improving system efficiency and intelligence by addressing challenges in industrial measurement and automation, advancing flexible manufacturing to reduce CTM (Customer to Manufacturer) costs, and democratizing engineering capabilities by bridging the gap between natural and engineering languages to drive societal progress.”

 

P&R Measurement’s Industrial AI Agent at DesignCon 2025: Staying Ahead of the Intelligent Manufacturing Trend

SANTA CLARA, Calif., Jan. 31, 2025 /PRNewswire/ — P&R Measurement is showcasing its latest innovations at DesignCon 2025 in Santa Clara, California, one of the industry’s premier events for high-speed communications and system design from January 29 to 30. During this prestigious gathering, P&R Measurement is presenting a portfolio of AI-enhanced industrial solutions designed to meet the dynamic needs of today’s flexible manufacturing. Highlighting the company’s commitment to innovation, P&R Measurement also unveiled its industrial AI Agent, PRIME, aligning with the evolving trends in industrial production.

PRM was a big hit at DesignCon 2025
PRM was a big hit at DesignCon 2025

As AI technology is revolutionizing productivity, traditional manufacturing sectors are compelled to innovate to remain competitive. P&R Measurement is maintaining a competitive edge in this transformation with AI-empowered solutions that optimize flexible manufacturing systems, streamline manufacturing integration, and enhance human-machine collaboration. These advancements meet the growing demand for personalized, efficient manufacturing while driving the modernization of legacy industries.

Embracing the Age of AI Agents: PRIME Empowering Industrial Manufacturing

As we close out a transformative year in 2024, AI Agents—capable of perceiving their environment, understanding contexts, making decisions, and taking autonomous actions—are revolutionizing industries and unlocking vast potential. Aligning with its vision of “Empowering everyone to be an innovator,” P&R Measurement is actively embracing the shift toward smarter manufacturing with PRIME, an industrial AI Agent designed to upgrade testing, measurement, and manufacturing with intelligence and automation.

PRIME bridges the digital and physical worlds, transforming natural language commands into precise control of industrial equipment and systems. AI advancements have reduced the cost and complexity of deploying sophisticated technologies, allowing more people, particularly non-specialists, to use engineering solutions in real-world applications, as noted by Lei Wang, the Chairman of the company.

Looking ahead, P&R Measurement engineers foresee that as PRIME evolves, it will integrate diverse industrial platforms and manage large-scale workflows, boosting efficiency and promoting more sustainable manufacturing by reducing energy consumption. The company firmly believes that through AI integration and cross-industry collaboration, PRIME will catalyze transformative change in both industrial manufacturing and service sector. This strategic approach will not only create exceptional value for customers but also strengthen business’s competitiveness in an ever-evolving market.

Flexible Manufacturing Takes the Spotlight: P&R Measurement Advancing Smart Manufacturing Innovation

P&R Measurement is at the forefront of emerging industry trends, driving transformation across vertical markets. In response to rapid advancements in consumer electronics, home appliances, and automotive sectors, the company has leveraged its AI expertise to deliver high-performance solutions. P&R Measurement’s flexible manufacturing systems, including innovative automated testing and assembly lines, offer precision and reliability, making them essential tools for modern manufacturers.

At DesignCon 2025, P&R Measurement also introduces its Smart Lab—a platform that integrates advanced measurement, automation, digitalization, and AI-supported intelligence. Designed to accelerate product development, the Smart Lab provides R&D teams with an efficient, precise, and energy-saving testing environment. With the support of this platform, the company assisted a leading home appliance brand in optimizing resource, process, and data management. The client’s high-energy labs achieved an over 30% reduction in energy consumption, driving substantial R&D cost savings and boosting overall innovation efficiency.

Also featured at the exhibition were P&R Measurement’s A²S Lab, the sensory testing solutions and the A²TP, the flexible testing platform, designed to help customers swiftly complete complex validation tasks in the product development cycle. These solutions are key to enhancing product reliability and user experience. Partnering with a global consumer electronics leader, P&R Measurement delivered automated testing for circuit board functionality and performance in highly integrated electronic products. By embedding precise temperature control, modular instruments, advanced algorithms, and high-precision design, the company achieved outstanding stability, minimized re-test rates, and ensured accurate automation in circuit board testing.

Pioneering Global Change: P&R Measurement’s Strategic Vision for a Diverse Future

P&R Measurement is advancing its vision through the GD3 (Global Distributed Design and Delivery) strategy. Beyond enhancing its technological capabilities, the company is attracting top-tier talent from a wide range of fields and fostering a culture of innovation. By dedicating its efforts to upgrading intelligent manufacturing systems, P&R Measurement is driving advancements while maintaining its strong customer-centric focus.

Lei outlined P&R Measurement’s vision for the future: “We are committed to integrating state-of-the-art technologies to achieve three key goals: improving system efficiency and intelligence by addressing challenges in industrial measurement and automation, advancing flexible manufacturing to reduce CTM (Customer to Manufacturer) costs, and democratizing engineering capabilities by bridging the gap between natural and engineering languages to drive societal progress.”

 

P&R Measurement’s Industrial AI Agent at DesignCon 2025: Staying Ahead of the Intelligent Manufacturing Trend

SANTA CLARA, Calif., Jan. 31, 2025 /PRNewswire/ — P&R Measurement is showcasing its latest innovations at DesignCon 2025 in Santa Clara, California, one of the industry’s premier events for high-speed communications and system design from January 29 to 30. During this prestigious gathering, P&R Measurement is presenting a portfolio of AI-enhanced industrial solutions designed to meet the dynamic needs of today’s flexible manufacturing. Highlighting the company’s commitment to innovation, P&R Measurement also unveiled its industrial AI Agent, PRIME, aligning with the evolving trends in industrial production.

PRM was a big hit at DesignCon 2025
PRM was a big hit at DesignCon 2025

As AI technology is revolutionizing productivity, traditional manufacturing sectors are compelled to innovate to remain competitive. P&R Measurement is maintaining a competitive edge in this transformation with AI-empowered solutions that optimize flexible manufacturing systems, streamline manufacturing integration, and enhance human-machine collaboration. These advancements meet the growing demand for personalized, efficient manufacturing while driving the modernization of legacy industries.

Embracing the Age of AI Agents: PRIME Empowering Industrial Manufacturing

As we close out a transformative year in 2024, AI Agents—capable of perceiving their environment, understanding contexts, making decisions, and taking autonomous actions—are revolutionizing industries and unlocking vast potential. Aligning with its vision of “Empowering everyone to be an innovator,” P&R Measurement is actively embracing the shift toward smarter manufacturing with PRIME, an industrial AI Agent designed to upgrade testing, measurement, and manufacturing with intelligence and automation.

PRIME bridges the digital and physical worlds, transforming natural language commands into precise control of industrial equipment and systems. AI advancements have reduced the cost and complexity of deploying sophisticated technologies, allowing more people, particularly non-specialists, to use engineering solutions in real-world applications, as noted by Lei Wang, the Chairman of the company.

Looking ahead, P&R Measurement engineers foresee that as PRIME evolves, it will integrate diverse industrial platforms and manage large-scale workflows, boosting efficiency and promoting more sustainable manufacturing by reducing energy consumption. The company firmly believes that through AI integration and cross-industry collaboration, PRIME will catalyze transformative change in both industrial manufacturing and service sector. This strategic approach will not only create exceptional value for customers but also strengthen business’s competitiveness in an ever-evolving market.

Flexible Manufacturing Takes the Spotlight: P&R Measurement Advancing Smart Manufacturing Innovation

P&R Measurement is at the forefront of emerging industry trends, driving transformation across vertical markets. In response to rapid advancements in consumer electronics, home appliances, and automotive sectors, the company has leveraged its AI expertise to deliver high-performance solutions. P&R Measurement’s flexible manufacturing systems, including innovative automated testing and assembly lines, offer precision and reliability, making them essential tools for modern manufacturers.

At DesignCon 2025, P&R Measurement also introduces its Smart Lab—a platform that integrates advanced measurement, automation, digitalization, and AI-supported intelligence. Designed to accelerate product development, the Smart Lab provides R&D teams with an efficient, precise, and energy-saving testing environment. With the support of this platform, the company assisted a leading home appliance brand in optimizing resource, process, and data management. The client’s high-energy labs achieved an over 30% reduction in energy consumption, driving substantial R&D cost savings and boosting overall innovation efficiency.

Also featured at the exhibition were P&R Measurement’s A²S Lab, the sensory testing solutions and the A²TP, the flexible testing platform, designed to help customers swiftly complete complex validation tasks in the product development cycle. These solutions are key to enhancing product reliability and user experience. Partnering with a global consumer electronics leader, P&R Measurement delivered automated testing for circuit board functionality and performance in highly integrated electronic products. By embedding precise temperature control, modular instruments, advanced algorithms, and high-precision design, the company achieved outstanding stability, minimized re-test rates, and ensured accurate automation in circuit board testing.

Pioneering Global Change: P&R Measurement’s Strategic Vision for a Diverse Future

P&R Measurement is advancing its vision through the GD3 (Global Distributed Design and Delivery) strategy. Beyond enhancing its technological capabilities, the company is attracting top-tier talent from a wide range of fields and fostering a culture of innovation. By dedicating its efforts to upgrading intelligent manufacturing systems, P&R Measurement is driving advancements while maintaining its strong customer-centric focus.

Lei outlined P&R Measurement’s vision for the future: “We are committed to integrating state-of-the-art technologies to achieve three key goals: improving system efficiency and intelligence by addressing challenges in industrial measurement and automation, advancing flexible manufacturing to reduce CTM (Customer to Manufacturer) costs, and democratizing engineering capabilities by bridging the gap between natural and engineering languages to drive societal progress.”

 

HexClad’s “Unidentified Frying Object” Ad Lands At Super Bowl LIX

Rosewood Creative Spot Features Gordon Ramsay, Pete Davidson Cameo

First Cookware Brand To Advertise In Big Game History

LOS ANGELES, Feb. 1, 2025 /PRNewswire/ — HexClad, the most innovative kitchenware brand in the world, today unveiled “Unidentified Frying Object”, its first-ever Super Bowl commercial that will air during the big game on February 9. The historic :30 second spot stars culinary icon and HexClad partner Gordon Ramsay, who showcases the brand’s “out-of-this-world” technology alongside a surprise cameo appearance by actor and comedian Pete Davidson in an intergalactic kitchen escapade.

The “Unidentified Frying Object” ad marks another milestone in HexClad’s meteoric rise as a category disruptor and direct-to-consumer maverick. Set in Area 51’s high-tech test kitchen, this groundbreaking campaign blends culinary mastery with sci-fi intrigue, following a classified mission that reveals HexClad’s hybrid technology as an otherworldly discovery. Through surprise and delight, the ad takes viewers on an adventure that suggests the company’s revolutionary cookware might just be too advanced to have originated on Earth.

“Breaking barriers and pushing innovation is what HexClad does best,” said Daniel Winer, HexClad Co-Founder and CEO. “Being the first cookware brand in the Super Bowl is a watershed moment for us and I’m thrilled to share it with Gordon, Pete, Rosewood Creative and our talented global team as we continue reaching for the stars.”

Breaking new ground as the first cookware brand, and one of the few ever DTC brands, to advertise in the Super Bowl, HexClad launched its most ambitious campaign to date.  “Unidentified Frying Object” kicked off weeks before the game with a viral social media strategy, featuring Gordon Ramsay’s mysterious Area 51 visit and corroborating “evidence” from various sources, building intrigue around the unprecedented Super Bowl debut.  It will be further supported with congruent creative across their e-commerce site, an Area 51 Test Kitchen landing page, special sales promotions, and an integrated social media campaign.

“Unidentified Frying Object” was brought to life by Rosewood Creative, a dynamic full-service creative agency known for seamlessly bridging social and traditional advertising to drive lasting cultural impact. From the outset, their creative philosophy has been anchored in the belief that stories gain more traction and drive deeper engagement when they transcend traditional channels and conventional 30-second spots. With deep expertise in culture-first narratives and social behavior, Rosewood Creative was uniquely equipped to craft a compelling and cohesive thread for the entire HexClad campaign—one that not only showcases the brand’s innovative edge and drives product sales but also provides genuine value and entertainment to audiences across multiple touchpoints.

Renowned for its signature stainless steel hexagon pattern, hybrid technology and proprietary TerraBond™ ceramic surface, HexClad has been disrupting the traditional cookware business since their invasion in 2016. Responsible for spawning an entirely new “hybrid” category, HexClad continues to elevate the industry with award-winning innovation across cookware, kitchen tools, cutlery, accessories and more. 

About HexClad
HexClad is a global premium kitchenware brand renowned for its innovation. Headquartered in Los Angeles, HexClad designs and sells branded kitchenware products including cookware, cutlery, cutting boards, aprons and pioneering kitchen tools through direct-to-consumer channels and strategic retail relationships. Founded in 2016, HexClad disrupted the industry with its patented hybrid technology, combining stainless steel with non-stick, delivering exceptional performance, durability and ease of use. The company’s mission is to empower cooks of all levels with revolutionary products that break rules and challenge convention. This ethos has built a following of engaged brand loyalists worldwide. In 2023 and 2024, HexClad was recognized on the Inc. 5000 as one of the fastest growing brands in America. To learn more, visit www.hexclad.com.

Video – https://www.youtube.com/watch?v=2cK-v7sSiUI 

Logo – https://laotiantimes.com/wp-content/uploads/2025/01/hexclad_logo.jpg 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 31st

NEW YORK, Jan. 31, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR JANUARY 31st

Kristen Scholer delivers the pre-market update on January 31st

  • January trading ends with stocks set to finish higher
  • DJIA is up 5.5% and the S&P 500 is up 3.2% in January
  • Apple shares rise after better than expected results

Watch NYSE TV Live every weekday 9:00-10:00am ET