Nexus 2.3 Build Expands Hardware Compatibility and User Experiences; New Y70, FA12 Fan Colorways and Gen. 5 Hyper Riser Details Revealed

TAIPEI, Taiwan, May 19, 2025 /PRNewswire-PRWeb/ — HYTE, a leading manufacturer of cutting-edge PC components and peripherals, announced all-new features coming to its revolutionary Nexus software solution with its 2.3 update at this year’s Computex. The company also shared details on its Computex lineup, including their upcoming PCIE 5.0 Hyper Riser, and new colorways for its FA12 fans and Y70 case. For more information, please visit: https://hyte.co/computex25-pr

HYTE’s 2.3 update for its Nexus software will focus on increased compatibility with the latest PC hardware via further integration of OpenRGB’s SDK and other hardware libraries for precise performance monitoring. The 2.3 update will also expand on HYTE’s “Powered by Nexus” hardware capabilities with all new widgets for the Y70 Touch Infinite display – including new lighting and FPS widgets – and all-new multi-stat panels for HYTE’s Q-Series line of AIO liquid coolers.

Some of HYTE’s other items from its Computex lineup include:

PCIE 5.0 Hyper Riser – Designed to unleash the full potential of next generation PC graphics, HYTE is set to launch its Hyper Riser cable soon, which offers industry-leading performance and bandwidth set against the PCI Express 5.0 standard.Matcha Milk Y70 – After listening to the community demand, HYTE is excited to share an all-new colorway for its popular Y70 case that paints the stylish chassis in deep and distinct “Matcha Tea”-green colors.HYTE is also releasing a “Matcha Milk” Y70 Touch Infinite display upgrade kit that will be available as a separate purchase.Milky FA12 Four-Fan Packs – New colorways, including Strawberry Milk,Taro Milk, Snow White, and Matcha Milk, will soon be available Like the original FA12 fans, these also offer a hybrid blade design for the best balance of performance in airflow and static pressure, along with PWM control for a higher range of speeds with more precise control.

These items, along with the recently announced X50 and X50 Air Modern Performance Case from HYTE, are on display in the HYTE Suite at Computex 2025. For all items, fans can visit HYTE.com and click “Notify Me” to be informed on when these items become available for purchase

PRICING & AVAILABILITY
Details on launch timing for Nexus 2.3, the PCIE 5.0 Hyper Riser, Milky FA12 Four-Fan Packs, the Y70 Matcha Milk Modern Aesthetic Case, and the Y70 Touch Infinite Matcha Milk display upgrade will be shared at a later date. MSRP for these products will also be shared later.

WEBSITES:
To learn more about HYTE’s Computex lineup, please visit: https://hyte.co/computex25-pr

IMAGES
For additional images of HYTE’s Computex lineup, please visit: https://hyte.co/computex25-press-kit

ABOUT HYTE
HYTE is a lifestyle-centered brand focused on enhancing play with its fresh and innovative PC components and accessories. Designed to fuel passions in gaming, music, the arts and entertainment, all HYTE products are rigorously researched and tested before they are brought to fruition. HYTE, as a company and its products, are inspired by the needs and behaviors of its community and the many ways people play. HYTE is committed to designing products to help people experience play throughout their lifestyle, no matter what that may be. To learn more, please visit: http://www.hyte.com

Media Contact

Steven Kunz, HYTE, 9099649898, steven.kunz@hyte.com, http://www.hyte.com

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SOURCE HYTE

Latest PC Chassis Balances Form and Function Delivered through a Disciplined Multi-Dimensional Design with Flagship Capabilities, Feature Sets, and Highly Accessible Pricing

TAIPEI, Taiwan, May 19, 2025 /PRNewswire-PRWeb/ — HYTE, a leading manufacturer of cutting-edge PC components and peripherals, revealed the X50 and X50 Air, all-new PC cases with prosumer-grade engineering that delivers unobstructed airflow, incredible durability, future-proof component compatibility, and thoughtful design for superior build experiences. Both cases are expected to launch in Summer 2025. To learn more, please visit: https://hyte.co/computex25-pr

“At HYTE, we don’t want to get too comfortable. While everyone loves our Y-series of cases, it is important we continue experimenting on our core component designs to achieve further innovation that will trickle down to the PC community,” said Rob Teller, Product Director at HYTE. “Our new X50 and X50 Air chassis represent HYTE’s goals of reimagining the modern PC with innovative design, function, and experiences at competitive prices, and we are eager to see how our community embraces this new case.”

MODERN PERFORMANCE CASE
HYTE’s new X50 cases redefine traditional PC chassis with a fully rounded design that opens several performance optimizations. These include a Full-Coverage Micro-Mesh front and side panel for low-pressure and low-resistance air intake, HYTE’s patent-pending Louvered Blade Ventilation that reduces exhaust impedance and reinforces case rigidity, and a structural top-mounted PSU canopy for hassle-free cable management, which also lets the PSU act as an exhaust fan to remove hot air. In addition to Cold-Floor Cooling that keeps any GPU cool with up to 3x 120mm extra-thick fans, the X50 and X50 Air also features massive 360mm radiator support on adjustable front and side, with a total capacity of up-to-10 fans in a compact mid-tower profile.

STRENGTH SHAPED BY DESIGN
The X50 and X50 Air balance form and function with a disciplined multi-dimensional design that seamlessly blends premium materials with exquisite craftsmanship. The X50 is equipped with a sweeping curved and Shatter-Proof(ish) 4mm-thick Laminated Acoustic Glass panel for maximum visibility into the PC that significantly enhances passive noise damping. For those who prefer the X50 Air, the glass panel is replaced with a curved Full-Coverage Micro-Mesh panel that further enhances the case’s airflow capabilities.

In addition to using 1 mm-thick steel that offers enhanced chassis strength and durability, the X50 cases are HYTE’s cleanest and most cohesive design as it was manufactured with an Automative Grade Tooling with 4x tighter tolerances than with industry-standard cases to achieve the rounded compound curves. While the X50 Air only comes in Snow White and Pitch Black colorways, the standard X50 will be available across a rainbow of colorways, including Snow White, Pitch Black, Cherry, Taro Milk, Strawberry Milk, and Matcha Milk colorways.

A SUPERIOR BUILD EXPERIENCE    
The X50 and X50 Air cases’ rounded design contributes to the ease of any PC build without being harsh on a builder’s hands. The tool-less front and side panels also contribute how easy it is to build, upgrade, maintain, and move the case around. In addition to covertly routed cable-routing channels for cable management, the spacious and clutter-free interior provides ample room to build inside the case with no obstructions. Both cases are equipped with modular multi-stage front radiator brackets for AIO compatibility and aesthetic tuning for RGB fans.

The X50 and X50 Air will be on display in the HYTE Suite at Computex 2025. Fans can visit HYTE.com and click “Notify Me” to be informed on when the X50 and X50 Air will become available for purchase.

PRICING & AVAILABILITY
The X50 Modern Performance Case will be available for purchase at $149.99 MSRP + VAT / Tariff, and is expected to launch in Summer 2025.

The X50 Air Modern Performance Case will be available for purchase at $119.99 MSRP + VAT / Tariff, and is expected to launch in Summer 2025.

WEBSITES:
To learn more about the X50 and X50 Air cases, please visit: https://hyte.co/computex25-pr

IMAGES
For additional images of the X50 and X50 Air, please visit: https://hyte.co/computex25-press-kit

ABOUT HYTE
HYTE is a lifestyle-centered brand focused on enhancing play with its fresh and innovative PC components and accessories. Designed to fuel passions in gaming, music, the arts and entertainment, all HYTE products are rigorously researched and tested before they are brought to fruition. HYTE, as a company and its products, are inspired by the needs and behaviors of its community and the many ways people play. HYTE is committed to designing products to help people experience play throughout their lifestyle, no matter what that may be. To learn more, please visit: http://www.hyte.com

Media Contact

Steven Kunz, HYTE, 9099649898, steven.kunz@hyte.com, http://www.hyte.com 

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SOURCE HYTE

SINGAPORE, May 19, 2025 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) (“Trip.com Group” or the “Company”), a leading global one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced its unaudited financial results for the first quarter of 2025.

Key Highlights for the First Quarter of 2025

International businesses continued to demonstrate robust growth across all segments in the first quarter of 2025
– Overall reservations on the Company’s international OTA platform increased by over 60% year-over-year.
– Inbound travel bookings surged by around 100% year-over-year.
– Outbound hotel and air ticket bookings have grown to more than 120% of the pre-COVID level for the same period in 2019.

“The travel industry maintained strong momentum in the first quarter of 2025, supported by resilient consumer demand and favorable travel policies,” said James Liang, Executive Chairman. “With our diversified market presence, we are well positioned to navigate global economic uncertainties and capture growth opportunities.”

“We are pleased to see a strong start to 2025,” said Jane Sun, Chief Executive Officer. “As travel becomes an increasingly integral part of everyday life, we remain committed to meeting the evolving needs of travelers through innovative, localized, and customer-centric solutions. This positions us well to sustain growth momentum and deliver lasting value to our customers, partners, and shareholders.”

First Quarter of 2025 Financial Results and Business Updates

For the first quarter of 2025, Trip.com Group reported net revenue of RMB13.8 billion (US$1.9 billion), representing a 16% increase from the same period in 2024, primarily driven by stronger travel demand. Net revenue for the first quarter of 2025 increased by 9% from the previous quarter, primarily due to seasonality.

Accommodation reservation revenue for the first quarter of 2025 was RMB5.5 billion (US$764 million), representing a 23% increase from the same period in 2024, primarily driven by an increase in accommodation reservations. Accommodation reservation revenue for the first quarter of 2025 increased by 7% from the previous quarter, primarily due to seasonality.

Transportation ticketing revenue for the first quarter of 2025 was RMB5.4 billion (US$747 million), representing an 8% increase from the same period in 2024, primarily driven by an increase in transportation reservations. Transportation ticketing revenue for the first quarter of 2025 increased by 13% from the previous quarter, primarily due to seasonality.

Packaged-tour revenue for the first quarter of 2025 was RMB947 million (US$131 million), representing a 7% increase from the same period in 2024, primarily driven by an increase in packaged-tour reservations. Packaged-tour revenue for the first quarter of 2025 increased by 9% from the previous quarter, primarily due to seasonality.

Corporate travel revenue for the first quarter of 2025 was RMB573 million (US$79 million), representing a 12% increase from the same period in 2024, primarily driven by an increase in corporate travel reservations. Corporate travel revenue for the first quarter of 2025 decreased by 18% from the previous quarter, primarily due to seasonality.

Cost of revenue for the first quarter of 2025 increased by 21% to RMB2.7 billion (US$373 million) from the same period in 2024 and increased by 2% from the previous quarter, which was generally in line with the fluctuations in net revenue from the respective periods. Cost of revenue as a percentage of net revenue was 20% for the first quarter of 2025.

Product development expenses for the first quarter of 2025 increased by 13% to RMB3.5 billion (US$486 million) from the same period in 2024 and increased by 4% from the previous quarter, primarily due to the increase in product development personnel related expenses. Product development expenses as a percentage of net revenue were 25% for the first quarter of 2025.

Sales and marketing expenses for the first quarter of 2025 increased by 30% to RMB3.0 billion (US$413 million) from the same period in 2024 and decreased by 11% from the previous quarter, primarily due to the fluctuations in expenses relating to sales and marketing promotion activities. Sales and marketing expenses as a percentage of net revenue were 22% for the first quarter of 2025.

General and administrative expenses for the first quarter of 2025 increased by 11% to RMB1.0 billion (US$143 million) from the same period in 2024, primarily due to an increase in general and administrative personnel related expenses. General and administrative expenses for the first quarter of 2025 was flat compared to the previous quarter. General and administrative expenses as a percentage of net revenue were 8% for the first quarter of 2025.

Income tax expense for the first quarter of 2025 was RMB638 million (US$88 million), compared to RMB664 million for the same period in 2024 and RMB526 million for the previous quarter. The change in Trip.com Group’s effective tax rate was primarily due to the combined impacts of changes in respective profitability of its subsidiaries with different tax rates, changes in deferred tax liabilities relating to withholding tax, certain non-taxable income or loss resulting from the fair value changes in equity securities investments and exchangeable senior notes recorded in other income/(expense), and changes in valuation allowance provided for deferred tax assets.

Net income for the first quarter of 2025 was RMB4.3 billion (US$596 million), compared to RMB4.3 billion for the same period in 2024 and RMB2.2 billion for the previous quarter. Adjusted EBITDA for the first quarter of 2025 was RMB4.2 billion (US$586 million), compared to RMB4.0 billion for the same period in 2024 and RMB3.0 billion for the previous quarter.

Net income attributable to Trip.com Group’s shareholders for the first quarter of 2025 was RMB4.3 billion (US$591 million), compared to RMB4.3 billion for the same period in 2024 and RMB2.2 billion for the previous quarter. Excluding share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income/(expense), and their tax effects, non-GAAP net income attributable to Trip.com Group’s shareholders for the first quarter of 2025 was RMB4.2 billion (US$579 million), compared to RMB4.1 billion for the same period in 2024 and RMB3.0 billion for the previous quarter.

Diluted earnings per ordinary share and per ADS was RMB6.09 (US$0.84) for the first quarter of 2025. Excluding share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income/(expense), and their tax effects, non-GAAP diluted earnings per ordinary share and per ADS was RMB5.96 (US$0.82) for the first quarter of 2025. Each ADS currently represents one ordinary share of the Company.

As of March 31, 2025, the balance of cash and cash equivalents, restricted cash, short-term investment, and held to maturity time deposit and financial products was RMB92.9 billion (US$12.8 billion).

Recent Development

As part of the Company’s ongoing commitment to delivering value to its shareholders and ADS holders and in line with its regular capital return policy, as of May 16, 2025, U.S. Eastern Time, the Company had repurchased 1.6 million ADSs in aggregate with a total gross consideration of US$84 million pursuant to its existing share repurchase plan.

Conference Call 

Trip.com Group’s management team will host a conference call at 8:00 PM on May 19, 2025, U.S. Eastern Time (or 8:00 AM on May 20, 2025, Hong Kong Time) following this announcement.

The conference call will be available live on Webcast and for replay at: https://investors.trip.com. The call will be archived for twelve months on our website.

All participants must pre-register to join this conference call using the Participant Registration link below:
https://register-conf.media-server.com/register/BI6db246c54bbe4fc1aebb10f5ad6be21c. 

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” “believe,” “estimate,” “is/are likely to,” “confident,” or other similar statements. Among other things, quotations from management in this press release, as well as Trip.com Group’s strategic and operational plans, contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, severe or prolonged downturn in the global or Chinese economy, general declines or disruptions in the travel industry, volatility in the trading price of Trip.com Group’s ADSs or shares, Trip.com Group’s reliance on its relationships and contractual arrangements with travel suppliers and strategic alliances, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in the relevant jurisdictions where Trip.com Group operates, failure to successfully develop Trip.com Group’s existing or future business lines, damage to or failure of Trip.com Group’s infrastructure and technology, loss of services of Trip.com Group’s key executives, adverse changes in economic and business conditions in the relevant jurisdictions where Trip.com Group operates, any regulatory developments in laws, regulations, rules, policies or guidelines applicable to Trip.com Group and other risks outlined in Trip.com Group’s filings with the U.S. Securities and Exchange Commission or the Stock Exchange of Hong Kong Limited. All information provided in this press release and in the attachments is as of the date of the issuance, and Trip.com Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement Trip.com Group’s consolidated financial statements, which are prepared and presented in accordance with United States Generally Accepted Accounting Principles (“GAAP”), Trip.com Group uses non-GAAP financial information related to adjusted net income attributable to Trip.com Group Limited, adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted earnings per ordinary share and per ADS, each of which is adjusted from the most comparable GAAP result to exclude the share-based compensation charges that are not tax deductible, fair value changes of equity securities investments and exchangeable senior notes recorded in other income/(expense), net of tax, and other applicable items. Trip.com Group’s management believes the non-GAAP financial measures facilitate better understanding of operating results from quarter to quarter and provide management with a better capability to plan and forecast future periods.

Non-GAAP information is not prepared in accordance with GAAP, does not have a standardized meaning under GAAP, and may be different from non-GAAP methods of accounting and reporting used by other companies. The presentation of this additional information should not be considered a substitute for GAAP results. A limitation of using non-GAAP financial measures is that non-GAAP measures exclude share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income/(expense), and their tax effects that have been and will continue to be significant recurring expenses in Trip.com Group’s business for the foreseeable future.

Reconciliations of Trip.com Group’s non-GAAP financial data to the most comparable GAAP data included in the consolidated statement of operations are included at the end of this press release.

About Trip.com Group Limited

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for many travelers in Asia, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com, and Skyscanner, with the mission “to pursue the perfect trip for a better world.”

For further information, please contact:

Investor Relations
Trip.com Group Limited
Tel: +86 (21) 3406-4880 X 12229
Email: iremail@trip.com

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SOURCE Trip.com Group Limited