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Taiwanese Tech Startup Ranictek Shines at Viva Tech 2024 in Paris

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PARIS, May 24, 2024 /PRNewswire/ — Taiwan tech startup Ranictek participated as delegation from the Taiwan Tech Arena (TTA) held by the National Science and Technology Council (NSTC) and traveled to Paris for VivaTech 2024, held from May 22 to 25. The team delivered an outstanding performance, advancing to the finals of the IC Taiwan Challenge on May 23 and becoming one of the top six finalists. Ultimately, they received an excellence award, given to the top three performing teams by the international judges.

Founded in November 2022, Ranictek is currently focusing on the development of 5G/6G base station chips and satellite communication chips. Ranictek is committed to providing customers with base station chip solutions that combine low power consumption with cost-effectiveness. This is aimed at accelerating the deployment and popularization of 5G/6G base stations. The low power consumption helps base stations save energy and reduce carbon emissions, while the cost-effectiveness helps lower the manufacturing and production costs of base stations. Through these efforts, Ranictek hopes to accelerate the deployment of 5G/6G base stations and contribute to the widespread adoption of 5G/6G technology.

In less than a year since its establishment, Ranictek has already received several awards at various domestic and international events. The company highlighted that Taiwan’s open radio access network (O-RAN) market is predominantly focused on the development of small base stations, primarily targeting enterprise private networks, which limits the market scope. Therefore, Ranictek has shifted its market focus to medium and large base stations, which can be used not only for enterprise private networks but also for public networks, crucial for the widespread adoption of 5G.

The VivaTech invites international organizations to recruit startups to participate in various challenges worldwide. This year, TTA launched a competition, inviting global IC-related enterprises and startup experts to participate, attracting both international and Taiwanese startup teams to compete on the same stage. The competition at VivaTech can be seen as a prelude to the globally organized IC Taiwan Grand Challenge, hosted by the National Science and Technology Council (NSTC). This initiative aims to encourage more international teams to participate and come to Taiwan to realize their dreams.

The “IC Taiwan Grand Challenge” competition, organized by NSTC, targets global startups, organizations, academic institutions, and individuals interested in collaborating with Taiwan’s semiconductor industry. The competition focuses on two main areas: “IC Design Innovation” and ” Chip-based Innovative Applications” seeking advanced technologies or application solutions from global startup teams. By leveraging Taiwan’s Silicon Island advantages, the competition aims to attract international startups and venture capital to Taiwan.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/taiwanese-tech-startup-ranictek-shines-at-viva-tech-2024-in-paris-302155374.html

SOURCE Taiwan Tech Arena

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NEC Thailand Partners with AIRA Group to Launch a Digital Supply Chain Platform

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BANGKOK, Jan. 10, 2025 /PRNewswire/ — In continuation of the MOU signed between NEC Corporation Thailand (NEC Thailand) and AIRA Factoring Public Company Limited (AIRA Factoring) in May 2024, NEC Thailand and AIRA Factoring have now formed a strategic partnership to launch a Digital Supply Chain financing platform. Through this collaboration, NEC Thailand and AIRA Factoring will provide a range of key services, including utilizing “TASConnect”, a solution owned by SCV Research and Development PTE. LTD., and other digital capabilities of NEC to create robust and efficient supply chain finance programs. Additionally, the partnership will focus on client acquisition by targeting specific groups and markets to identify and capitalize on new business opportunities.

Mr. Akarawit Sooksai, CEO of AIRA Factoring, emphasizes the critical role of business loans in helping SMEs sustain their operations, particularly for ongoing working capital needs. He projected that the implementation of Supply Chain Financing (SCF) would enable AIRA Factoring to increase its annual credit disbursement by over 10%, from THB 19 billion in 2024 onwards. By digitizing credit management processes, strengthening supplier relationships, and improving cash flow management for clients, AIRA Factoring aims to deliver benefits across all stakeholders—including sellers, buyers, and the company itself—while expanding its customer base sustainably.

“AIRA Factoring is committed to strengthening Thai SMEs by enhancing their financial liquidity. For new businesses, obtaining loans from traditional financial institutions can be challenging or even impossible. However, with invoices as supporting documents, SMEs can demonstrate their actual sales performance. In addition to serving our clients, we are actively sharing this knowledge with members of the Thai Factoring Association and financial institutions, showcasing the capabilities of modern solutions that enable efficient and automated processes,” Mr. Akarawit concludes.

Mr. Ichiro Kurihara, President of NEC Corporation (Thailand), emphasizes that NEC remains committed to its strategy as a leading ICT provider while expanding its capabilities in the digital finance sector. By leveraging its expertise, NEC aims to support partners like AIRA Factoring in enhancing their financial services through efficient and automated digital solutions. Mr. Kurihara accentuates collaborating with AIRA factoring to launch Digital Supply Chain Platform marks a significant milestone in their partnership.

Embracing the Thailand 4.0 strategic focus, AIRA Factoring and NEC Thailand will offer innovative and sustainable technology that will allow the industry to move to a value-based economy model.

With the Thai manufacturing sector as a vital contributor to the nation’s economy, AIRA Factoring and NEC Thailand have prioritized a digital supply chain financing platform that can support manufacturers with easier and faster access to funding, contributing to overall economic growth in Thailand.

About NEC Corporation (Thailand) Ltd.
NEC Corporation officially began operations in Thailand in 1962. With extensive expertise and experience across various industries, NEC Thailand provides advanced technology and enhanced customer experiences in areas such as healthcare systems, community-based elderly care including emergency alert system for Long term care integrated, communications, cybersecurity, infrastructure, and IT platforms. The company also offers manufacturing, retail, and sustainability-focused solutions to build a society where everyone is equally connected, fostering long-term social sustainability.

For more information, visit:
Website: https://th.nec.com
Facebook: https://www.facebook.com/NECCorporationThailand/

CONTACT: necare@nec.co.th

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SOURCE NEC Thailand

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ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*

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TAIPEI, Jan. 10, 2025 /PRNewswire/ — ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, “ASEH” or the “Company”), announces its revised unaudited consolidated net revenues for December, 4th quarter and full year of 2024.

CONSOLIDATED NET REVENUES (UNAUDITED)

Dec

Nov

Dec

Sequential

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

52,905

52,933

49,906

-0.1 %

+6.0 %

Dec

Nov

Dec

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

1,632

1,648

1,589

-1.0 %

+2.6 %

 

Q4

 

Q3

 

Q4

 

Sequential

 

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

162,264

160,105

160,581

+1.3 %

+1.0 %

Q4

Q3

Q4

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

5,046

4,956

5,028

+1.8 %

+0.4 %

Full Year

Full Year

YoY

(NT$ Million)

2024

2023

Change

Net Revenues

595,410

581,914

+2.3 %

Full Year

Full Year

YoY

(US$ Million)

2024

2023

Change

Net Revenues

18,596

18,688

-0.5 %

 

Net revenues for ATM assembly, testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)

Dec

Nov

Dec

Sequential

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

29,858

29,185

26,218

+2.3 %

+13.9 %

Dec

Nov

Dec

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

921

909

835

+1.3 %

+10.3 %

 

Q4

 

Q3

 

Q4

 

Sequential

 

YoY

(NT$ Million)

2024

2024

2023

Change

Change

Net Revenues

88,363

85,791

82,004

+3.0 %

+7.8 %

Q4

Q3

Q4

Sequential

YoY

(US$ Million)

2024

2024

2023

Change

Change

Net Revenues

2,747

2,655

2,568

+3.5 %

+7.0 %

Full Year

Full Year

YoY

(NT$ Million)

2024

2023

Change

Net Revenues

325,875

315,114

+3.4 %

Full Year

Full Year

YoY

(US$ Million)

2024

2023

Change

Net Revenues

10,178

10,128

+0.5 %

*This press release is intended to comply with Taiwan regulatory requirements.

Safe Harbor Notice:

This press release contains “forward-looking statements” within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2022 Annual Report on Form 20-F filed on April 10, 2023.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com

View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-302347727.html

SOURCE ASE Technology Holding Co., Ltd.

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Amrop, a Leading Global Executive Search and Leadership Consulting Firm, Announces New Office in Japan

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BRUSSELS, Jan. 10, 2025 /PRNewswire/ — Amrop, a leading global executive search and leadership consulting firm, appoints JOMON Associates as its new team in Tokyo, marking the group’s re-entry in the Japanese market and adding significant coverage in the Asia Pacific region.

Led by Naohiro Furuta, CEO, JOMON Associates is Japan’s premier leadership advisory firm, offering services in senior Executive Search, Board & Corporate Governance Consulting, Leadership Assessment and Executive Coaching.

With 13 consultants and a team of 30 employees, the firm serves more than 200 companies, constituting about one-third of Japan’s major companies and representing Japan’s key industry sectors, including Industrial & Automotive, Chemicals & Materials, Consumer & Retail, Pharmaceuticals & Healthcare, Finance & Insurance, IT and Telecommunications.

The firm’s deep connection to the local Japanese market is matched by its unsurpassed reputation for quality and its innovative approach to executive search. By offering personalized leadership advisory and board services in addition to its acclaimed recruitment solutions, JOMON Associates is well-positioned to support companies in their quest for transformative leaders.

Japan is a significant market for executive search and leadership consulting, and we are delighted welcome JOMON Associates to our global team,” says Annika Farin, Chair of the global Amrop Partnership. “We are now able to directly serve multinational companies operating in Japan as well as Japanese companies that are redefining boundaries as they follow their global or regional expansion strategies. Together with JOMON’s uncompromised quality approach and top market positioning, we can be instrumental in assisting these companies with the recruitment of their executive teams and attracting the best talent in new markets. “

“JOMON Associates shares our values and our ambition to continuing serving clients in the premium segment of the market. We feel naturally close to our new partners in Japan and are also proud to announce that Naohiro Furuta will immediately join our Board to help us drive the future of Amrop’s global partnership,” Farin added.

Naohiro Furuta, CEO JOMON Associates, added, “We are very pleased to announce that we have joined the global Amrop Partnership. As the global business environment becomes increasingly complex, the demand for strong and visionary leadership is higher than ever. Japanese companies are also strongly seeking talent to drive innovation and international competitiveness. Through our partnership with Amrop, we will provide our clients with valuable services that combine global insights and local expertise, making a significant impact on the domestic market and contributing to the international success of our clients.”

Amrop’s new Tokyo office is located at Tokyo Toranomon Global Square, 13th Floor, 1-3-1 Toranomon, Minato-ku, Tokyo. The addition of Japan office reinforces the group’s presence in the region, with teams in China, South Korea, India and Australia.

About Amrop

Amrop is a global leadership consulting firm, offering retained executive search, Board and leadership advisory services. We advise the world’s most dynamic, agile organizations on identifying and positioning Leaders For What’s Next – adept at working across borders, in markets around the world. Established in 1977, Amrop operates in Asia, EMEA and the Americas across 69 offices in 57 countries.

Media Contact:

The Amrop Partnership SC
Rue Abbé Cuypers 3
1040 Brussels, Belgium
T. +32 471 733 825
E. contact@amrop.com
Brigitte Arhold, COO

Logo – https://mma.prnewswire.com/media/1755576/Amrop_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/amrop-a-leading-global-executive-search-and-leadership-consulting-firm-announces-new-office-in-japan-302347193.html

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