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Hisense Laser TV Maintains Global No.1 Position for Six Years

QINGDAO, China, Feb. 19, 2025 /PRNewswire/ — Hisense, a global leader in consumer electronics and home appliances, is once again demonstrating its dominance by securing the top position globally in Laser TV. According to data from the international market research institute Omdia, Hisense’s laser TV achieved a 65.8% global market share in 2024, meaning that for every three laser TVs sold, nearly two are from Hisense. This also marks six consecutive years as the world’s leading Laser TV shipment provider.

Hisense Laser TV ranked global No. 1
Hisense Laser TV ranked global No. 1

As one of the earliest entrants in the laser display market, Hisense has evolved its offerings — from single-color to triple-color laser systems, from 4K to 8K resolution, and from rollable to foldable screens — solidifying its leadership in the ultra-large screen TV segment. In 2024, Hisense recorded triple-digit year-on-year growth in key markets such as the UK, Italy, Spain, and Poland, while also posting increases of over 70% in France, Australia, and Germany.

Further establishing its leadership in the laser display industry, the Hisense PX3-PRO TriChroma Laser Projector secured the top spot at the 2024 Prestigious Projector Showdown. This prestigious event, which evaluates ultra short throw (UST) projectors, recognized the PX3-PRO for its superior performance in color accuracy, contrast, and sharpness, solidifying Hisense’s position as a pioneer in the field. With groundbreaking features like a 3,000:1 native contrast ratio, 3,000 ANSI lumens brightness, and TriChroma™ triple laser technology, the PX3-PRO sets new standards in home entertainment.

Hisense’s Laser TV leads in eye care with TÜV Rheinland Low Blue Light and Flicker-Free certifications, while its Laser TV PL1 earns ISO 14067 carbon footprint verification by TÜV Rheinland.

Hisense’s relentless commitment to innovation and quality not only sustains its global leadership but also drives industry standards in ultra-large screen technology. With breakthrough advancements and impressive international growth, Hisense is poised to remain a dominant force in the evolving world of home entertainment.

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense has ranked No. 2 globally in total TV shipments from 2022 to 2024, and No. 1 in 100”+ TVs segment from 2023 to 2024. The company has rapidly expanded to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

Biosion, Inc. Appoints Kedan Lin, Ph.D., as Chief Development Officer and President of Biosion US

NEWARK, Del. and NANJING, China, Feb. 19, 2025 /PRNewswire/ — Biosion, Inc. (“Biosion”), a global clinical-stage biotechnology company, is pleased to announce the appointment of Kedan Lin, Ph.D., as Chief Development Officer and President of Biosion US. With over two decades of expertise in biotech R&D, clinical and regulatory development, Dr. Lin will play a pivotal role in advancing Biosion’s innovative therapies and strategic initiatives as the company continues its “discover-development-partnership” model.

Dr. Lin also has extensive experience in clinical operation, portfolio management, and business development. Previously, she served as Senior Vice President of U.S. Operations and Corporate Strategy at Harbour Biomed US, where she led successful global clinical development programs and played a key role in business development and alliance management.

“We are thrilled to welcome Kedan to our executive team,” said Dr. Mingjiu Chen, Founder and CEO of Biosion. “Her deep expertise in biologics development and strategic alliances will be instrumental in advancing our mission and delivering breakthrough antibody-based therapies to patients globally. Her appointment is a key step in furthering Biosion’s “In Global for Global” strategy and expanding our global footprint.”

Dr. Lin holds a Ph.D. in Molecular Pharmacology from the University of California, San Francisco, and has held leadership roles at Innovent Biologics, NGM Biopharmaceuticals, and Genentech. A recognized expert in translational development for antibody therapeutics, she has contributed extensively to the scientific community.

“I am excited to join the Biosion team at this pivotal time,” said Dr. Lin. “I look forward to working alongside the talented team at Biosion to continue advancing innovative therapies that address unmet medical needs, all while strengthening our global impact and helping patients worldwide.”

For more information on Biosion’s clinical programs and pipeline, visit www.biosion.com.

About Biosion

Biosion is a global clinical-stage biotechnology company focused on developing innovative antibody-based therapies to improve outcomes for patients with immune and oncologic diseases. Leveraging its proprietary technologies including the H³ antibody discovery platform, SynTracer® HT endocytosis platform, and Flexibody® bispecific platform, Biosion creates highly differentiated medicines to address significant unmet medical needs worldwide. With its “discover-development-partnership” model, the company has forged 10 global collaborations, advancing seven clinical-stage assets, including monoclonal antibodies, bispecific antibodies, and antibody-drug conjugates. Biosion operates across the US, China, and Australia. Learn more at www.Biosion.com.

Infineon teams up with Thailand Science Research and Innovation to drive innovation ecosystem in Thailand

–  Infineon and Thailand Science Research and Innovation (TSRI) have signed an MoU to strengthen the semiconductor ecosystem in Thailand
–  Collaboration with local entrepreneurs and academic institutions aims at driving innovative products and solutions
–  The agreement covers the development of a secure and scalable AIoT platform to support cybersecurity certifications

BANGKOK, Feb. 19, 2025 /PRNewswire/ — Infineon Technologies Asia Pacific Pte Ltd and Thailand Science Research and Innovation (TSRI), a Thai government agency, have signed a Memorandum of Understanding (MoU) to collaborate in driving growth, innovation and entrepreneurship in Thailand. The focus of this collaboration is on Artificial Intelligence (AI), the Internet of Things (IoT) and other emerging technologies driven by the semiconductor industry.

Infineon and TSRI will jointly promote the development of an ecosystem for startups and small and medium-sized enterprises (SMEs) in Thailand that have the potential to leverage Infineon’s semiconductor technology in the development of innovative products and solutions. The two parties will also work together on upskilling the workforce and fostering talents for the local semiconductor industry. To this end, they plan to encourage research, education and training programs related to semiconductor products at academic institutions.

“We are excited to partner with TSRI in advancing AI and IoT innovation in Thailand,” said Chua Chee Seong, President and Managing Director of Infineon Technologies Asia Pacific Pte Ltd. “This collaboration will enable us to support the growth of startups and SMEs in Thailand and to help develop a robust and cyber-resilient digital economy in the country, further driving decarbonization and digitalization.”

As part of the collaboration, the parties will develop a secure and scalable Artificial Intelligence of Things (AIoT) platform, encompassing frameworks for AIoT Edge, IoT device security, firmware and middleware to support domestic and global cybersecurity certifications, data services and advanced product innovation.

“We are dedicated to increasing funding for research initiatives within higher education institutions to foster innovation and meet the challenges of the future,” said Prof. Dr. Supachai Pathumnakul, Permanent Secretary of the Ministry of Higher Education, Science, Research and Innovation. “We aim to enhance our educational standards and research capabilities through collaboration with global institutions like Infineon. Prioritizing science, technology, engineering and mathematics (STEM) education will empower our students with the skills needed for success in the competitive landscape of tomorrow.”

Infineon recently broke ground for a new semiconductor backend production site in Samut Prakan, south of Bangkok, optimizing and further diversifying its manufacturing footprint.

About Thailand Science Research and Innovation (TSRI)

Thailand Science Research and Innovation (TSRI), a key government organization under Thailand’s Ministry of Higher Education, Science, Research and Innovation, drives national progress by advancing research and innovation. Established under the Industry 4.0 economic model, to expand its role in fostering science, technology, and interdisciplinary collaboration, it funds critical projects in agriculture, healthcare, sustainability, and digital transformation while bridging academia, industry, and policymakers to turn research into real-world solutions. Aligned with national strategies, TSRI strengthens Thailand’s global competitiveness and sustainable development goals, supporting the transition to a high-income, innovation-driven economy through strategic partnerships and international cooperation.

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 58,060 employees worldwide and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Picture is available at AP 

Further information is available at www.infineon.com

This press release is available online at www.infineon.com/press

Follow us: X – Facebook – LinkedIn

Press Contact:

Veronika Seifried
+49 89 234 61662
veronika.seifried@infineon.com 

 

LexisNexis Risk Solutions Completes IDVerse Acquisition

Acquisition expands LexisNexis Risk Solutions’ capabilities in risk and fraud solutions and enhances digital identity onboarding and identity verification through AI-powered technology

ATLANTA and LONDON, Feb. 19, 2025 /PRNewswire/ — LexisNexis® Risk Solutions, part of RELX, closed its acquisition of IDVerse™, a provider of AI-powered document authentication and fraud detection solutions. IDVerse is now part of the Business Services segment of LexisNexis Risk Solutions and will continue to be available within its LexisNexis® RiskNarrative® platform, LexisNexis® IDU®, and will be offered within its LexisNexis® Dynamic Decision Platform® as a stand-alone solution later this year. 

Founded in Australia and launched commercially in 2018, IDVerse uses AI to combat fraud and deepfakes. Its proprietary technology is powered by a deep neural network which verifies the authenticity of identity documents and, with consumer consent, matches the consumer’s face to the photo on a document using biometric algorithms for identity verification and liveness detection to detect a fraudulent submission. IDVerse’s technology is capable of verifying more than 16,000 types of identity documents globally across organisations in various industries and the public sector. 

Once integration is complete, LexisNexis Risk Solutions will offer clients even more robust risk insights to better protect consumers, promote financial inclusion for trusted individuals and help organisations globally maintain an optimal risk posture. 

Combining LexisNexis Risk Solutions’ multi-layered identity verification tools with IDVerse’s complementary AI-powered technology will address both evolving customer needs and emerging threats. Expanding global ID verification capabilities will bolster defences against AI-generated fraud, while IDVerse’s self-learning AI will ensure advanced fraud detection, faster fraud model updates and even more accurate identity verification. 

Rick Trainor, CEO of Business Services at LexisNexis Risk Solutions, stated, “Anti-fraud capabilities need to advance as fast or faster than fraudsters innovate their tactics. AI-powered solutions are critical in defending against fraud, particularly AI-generated fraud such as deepfakes. IDVerse’s accelerated innovation in this field is impressive, and I’m eager to see how our complementary cutting-edge solutions will combine to take our anti-fraud capabilities to new levels.” 

The terms of the transaction have not been disclosed. 

About LexisNexis Risk Solutions

LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX.

About RELX

RELX is a global provider of information-based analytics and decision tools for professional and business customers. RELX serves customers in more than 180 countries and has offices in about 40 countries. It employs more than 36,000 people over 40% of whom are in North America. The shares of RELX PLC, the parent company, are traded on the London, Amsterdam and New York stock exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX. The market capitalisation is approximately £69bn/€82bn/$89bn.

About IDVerse

IDVerse provides tools and infrastructure that help empower the identity verification industry, enabling businesses to verify anyone’s identity within seconds using only their face and smartphone. IDVerse harnesses the power of regenerative AI to not only fight fraud and deepfakes but also significantly reduce associated risks. IDVerse is trusted by financial institutions, fintech, the public sector and global enterprises with offices in Sydney, Melbourne, London and Silicon Valley.

Media Contacts:
LexisNexis Risk Solutions
Ade O’Connor
+44 78 9091 8264
Ade.O’Connor@lexisnexisrisk.com

Pacific Century Premium Developments Limited announces annual results for the financial year ended December 31, 2024


2024 Annual Results – Financial Highlights
(Figures for the corresponding period in 2023 are shown in brackets)

  • Consolidated revenue: HK$ 901 million (HK$ 822 million)
  • Consolidated net loss attributable to equity holders of the Company:
    HK$
    230 million (HK$ 466 million)
  • Basic loss per share: 11.29 HK cents (22.89 HK cents)
  • No final dividend (No final dividend)

HONG KONG SAR – Media OutReach Newswire – 19 February 2025 – Pacific Century Premium Developments Limited (“PCPD”, SEHK: 00432) has announced its annual results for the year ended December 31, 2024.

The consolidated revenue of PCPD and its subsidiaries (together, the “Group”) amounted to HK$ 901 million, representing an increase of 10% compared to the revenue of HK$ 822 million in 2023.

The consolidated net loss attributable to equity holders of the Company for the year of 2024 was HK$ 230 million, compared to the net loss of HK$ 466 million in 2023.

Basic loss per share for 2024 was 11.29 Hong Kong cents compared to the loss per share of 22.89 Hong Kong cents for the previous year.

The Board of Directors has not recommended the payment of a final dividend for the year ended December 31, 2024.

In 2024, we delivered a robust set of results, indicating that PCPD is now firmly back on a growth trajectory. We had much to benefit from international tourism bouncing back strongly and a devalued yen. In particular, the record-breaking surge in tourism in Japan has helped us achieve a notable rise in occupancy and revenue of Park Hyatt Niseko, Hanazono.

As of the winter season of 2023/24, the number of ski rides encompassing ski lifts and gondolas was up 70% from the pre-pandemic period, namely the winter season of 2018/2019. The tourism boom also had a positive impact on our recreational business in Niseko beyond the white season.

In Jakarta, Indonesia, the occupancy of our premium commercial building, Pacific Century Place, Jakarta (“PCP Jakarta”), was stable throughout the year and remained a consistent revenue contributor to the Group. As of December 31, 2024, the office space committed occupancy was 85%, compared to 83% in the previous year.

Construction of the superstructure at 3–6 Glenealy, Central, Hong Kong, commenced in April, 2024. The work has been progressing well. Completion of the project is scheduled for early 2026.

Cautiously optimistic about the property sectors in Hong Kong, Japan, Thailand and Indonesia in the long run, we are confident of our ability to keep improving our business performance and maximise returns in 2025.

Mr. Benjamin Lam, PCPD’s Deputy Chairman and Group Managing Director, said: “We will keep a close eye on different risk factors and changes. Our approach will remain prudent yet proactive. We will continue to reinforce our business foundation and devise effective strategies to boost profitability, with the ultimate aim of maximising returns for our stakeholders.”

Hashtag: #PCPD

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

About PCPD

Pacific Century Premium Developments Limited (“PCPD” or the “Group”, SEHK: 00432) is principally engaged in the development and management of premium-grade property and infrastructure projects as well as premium-grade property investments. PCCW Limited (“PCCW”, SEHK: 00008) is the single largest shareholder of the Group.

SINEXCEL Unveils Leading Energy Storage Solutions for Utility and C&I Applications at Smart Energy Week 2025

TOKYO, Feb. 19, 2025 /PRNewswire/ — SINEXCEL (300693.SZ), a global yet modest pioneer in energy storage and EV charging solutions, presents its 1725K Power Conversion System (PCS) for utility and 160M for C&I applications at Smart Energy Week 2025. With a commitment to driving the green transition, SINEXCEL’s advanced solutions deliver unmatched flexibility, efficiency and safety, paving the way for a sustainable future and empowering energy freedom.

SINEXCEL Unveils Leading Energy Storage Solutions for Utility and C&I Applications at Smart Energy Week 2025
SINEXCEL Unveils Leading Energy Storage Solutions for Utility and C&I Applications at Smart Energy Week 2025

Innovative Energy Storage Solutions for Utility and C&I Applications

Leveraging nearly 20 years of expertise in power electronics, SINEXCEL designs, develops and manufactures modular and scalable energy storage solutions for utility, C&I, micro-grid and residential applications.

The 1725K PCS, one of its key solutions, is engineered to enhance grid stability, with modular configurations ranging from 215kW to 1.72MW. Featuring a maximum efficiency of 98.5% at DC 1070V, multi-string technology ensures optimal battery safety, while peak shaving and load-shifting features reduce operational expenses. Its NEMA3R cabinets offer adaptability to diverse environments, while the solution is certified to meet industry standards across North America, Europe, Australia, and Japan.

Additionally, the 160M system optimizes energy usage, enhances energy resilience, and drives cost savings for C&I applications.

Local Expertise and Support

“We’ve been serving the Japanese market for five years, delivering around 50 energy storage projects tailored to meet local demands,” said Henry Cheung, General Manager of SINEXCEL’s Energy Storage & Microgrid Business Unit. “As the market grows, we are committed to providing the latest technologies that help shape a sustainable energy future for japan and beyond.”

A Sustainable Future Ahead

As the global demand for energy storage increases, SINEXCEL remains dedicated to innovation, developing modular and scalable solutions that address today’s energy challenges while driving long-term sustainability. With a strong global presence and leadership in energy solutions, SINEXCEL is facilitating the transition to renewable energy and empowering energy freedom.

About SINEXCEL

Founded in 2007, SINEXCEL is a leading pioneer of energy storage, EV charging and power quality solutions, backed by nearly two decades of expertise in power electronics. With over 12 GW of installed capacity and over 600 partners across 60+ countries spanning six continents, SINEXCEL collaborates with industry leaders to deliver innovative energy solutions worldwide, empowering energy freedom and cultivating a cleaner, greener future.

Sahm Capital Joins Capital Market Forum Riyadh 2025 as Platinum Sponsor


RIYADH, SAUDI ARABIA – Media OutReach Newswire – 19 February 2025 – Sahm Capital, the first fintech-driven financial company to secure full Capital Market Authority (CMA) licensing (license no. 22251-25), is proud to announce its participation as a platinum sponsor at the Capital Market Forum (CMF) 2025. Organized by the Saudi Tadawul Group, CMF 2025 took place from February 18–20, 2025, in Riyadh, Saudi Arabia, serving as a premier global platform for fostering interconnectedness between key financial markets worldwide.

This marks Sahm Capital’s second appearance as a sponsor at CMF, underscoring its commitment to expanding its presence in the domestic market and supporting Saudi Arabia’s Vision 2030. The initiative aims to diversify the economy, empower citizens, attract investors, and establish Saudi Arabia as a global leader in innovation and sustainability.

Founded in 2022 and fully licensed by the CMA, Sahm Capital has rapidly grown into a leading fintech player. In October 2023, the company received licenses for Dealing, Advising, and Custody services, followed by the launch of the Sahm trading app in December 2023. The app, a first-of-its-kind platform, has already surpassed 1 million users, making it one of the fastest-growing trading platforms in the region.

In addition to its brokerage licenses, Sahm Capital secured Managing and Arranging licenses from the CMA in October 2024, positioning the company to offer a wide range of financial services, such as investment banking, managing investments and operating funds. Backed by Valuable Capital Group, a multinational entity with regulatory expertise in Hong Kong, Singapore, and the United States, Sahm Capital leverages its global network to deliver comprehensive financial services to a broader investor base.

Hadeel Bedeeri, General Manager of Sahm Capital, commented: “After three years of deepening our roots in Saudi Arabia, we are honoured to be embraced by over a million users. This achievement boosts our confidence as we look to serve a broader audience across the Arab world with high-quality financial services, aiming to help every investor realize their full potential in a thriving, opportunity-rich capital market.”

Hashtag: #SahmCapital #CMA




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

Sahm Capital

Sahm Capital, registered in Riyadh, holds full regulatory licenses from the Capital Market Authority (CMA) to provide Dealing, Advising, Custody, Arranging, and Managing Investments and Operating Funds Activities in the Securities Business services (license no. 22251-25). As the first fintech-driven financial company to achieve full CMA licensing, Sahm Capital has established itself as the fastest-growing member of the Saudi Exchange, leveraging proprietary technology and innovative financial solutions to deliver seamless, one-stop financial services. For more information, visit: www.sahmcapital.com

ST Engineering iDirect CEO Nominated for Via Satellite’s Satellite Executive of the Year Award 2024

Via Satellite recognizes Don Claussen’s leadership in driving innovation to advance the satellite industry

HERNDON, Va., Feb. 19, 2025 /PRNewswire/ — ST Engineering iDirect, a global leader in satellite communications, today announced its Chief Executive Officer, Don Claussen, as a nominee for Via Satellite’s prestigious Satellite Executive of the Year award 2024. This nomination reflects Claussen’s leadership in advancing ground segment technology, which is critical for the future of space communications.

Via Satellite recognizes Don Claussen’s leadership in driving innovation to advance the satellite industry
Via Satellite recognizes Don Claussen’s leadership in driving innovation to advance the satellite industry

Since his appointment in 2023, Claussen has prioritized standardization and interoperability to drive industry collaboration and innovation. A vocal advocate for dismantling industry silos, Claussen has earned widespread respect across the satellite sector, influencing customers, partners, and competitors alike.

Under his guidance, ST Engineering iDirect has achieved groundbreaking advancements, including the launch of Intuition, its next-generation virtualized ground system enabling multi-orbit, automation, and orchestration capabilities. Claussen has also championed frameworks like DIFI and WAVE to foster interoperability, and led efforts in virtualization and cloud-based solutions, paving the way for more adaptable satellite operations.

“It is an honor to be nominated for the Satellite Executive of the Year award,” said Claussen. “This recognition reflects the extraordinary innovation taking place at ST Engineering iDirect and our commitment to shaping a more connected and sustainable future. By exploring hybrid technological and business approaches, we aim to revolutionize satellite systems’ scalability and efficiency, enabling operators to deliver cost-effective connectivity worldwide.”

“For decades, the Satellite Executive of the Year award has commemorated outstanding leadership in the satellite industry,” said Rachel Jewett, Senior Managing Editor of Via Satellite. “This year is no different and we are proud to announce the group of six nominees that represent different ways of charting a new path for the future of the satellite industry.” 

The winner of the 2024 Satellite Executive of the Year will be determined by a combination of the Via Satellite editorial team and votes that come directly from industry. Voting closes at noon ET on March 11. The winner will be announced at SATELLITE 2025 on Wednesday, March 12 at the Via Satellite Awards Luncheon, which is open to all conference-level attendees.

For more information on the award, or to vote for Don Claussen, please visit https://www.satellitetoday.com/vote.

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications (satcom) providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their satcom networks. With over 40 years of delivering innovation focused on solving satellite’s most critical economic and technology challenges we are committed to shaping the future of how the world connects. The product portfolio, branded iDirect, represents the highest standards in performance, efficiency and reliability, making it possible for its customers to deliver the best satcom connectivity experience anywhere in the world. ST Engineering iDirect is a leader in key industries including mobility, broadcast and military/government. In 2007, iDirect Government was formed to better serve the U.S. government and defense communities. For more information visit www.idirect.net.