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CoinDesk Indices and AMINA Group Partner to Launch Bitcoin Trend Indicator Index

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NEW YORK and ZUG, Switzerland, July 1, 2024 /PRNewswire/ — CoinDesk Indices, a leading provider of digital asset indices since 2014, in partnership with AMINA Bank AG, a leading Swiss crypto bank fully licensed in Switzerland, today launched the AMINA CoinDesk BTC Momentum Index (Ticker: BTIAMINA). BTIAMINA aims to provide a dynamic exposure to bitcoin with the objective of shifting from bitcoin to USD when price trends are unfavourable, thereby navigating the crypto seasons.

“Together with CoinDesk Indices, we are breaking down barriers with the intention to make digital asset products more accessible and manageable for professional investors,” said Amy Yu, CEO APAC of AMINA Group. “AMINA Group has been an early pioneer in regulated crypto investments and continues to distribute new and interesting digital asset related products under our licenses in Switzerland and Hong Kong in compliance with the laws and regulations of the relevant jurisdictions.”

BTIAMINA measures the performance of a strategy that dynamically allocates between bitcoin and cash, based on the CoinDesk Bitcoin Trend Indicator (BTI), a quantitative signal which conveys the presence, direction, and strength of the trend in the price of bitcoin using a purpose-built algorithm. The BTI is calculated daily and is derived from historical daily levels of the CoinDesk Bitcoin Price Index (XBX), using a non-discretionary methodology.

Key features of the AMINA CoinDesk BTC Momentum Index include:

Investment Universe: The index allocates between bitcoin and cash, providing flexibility in response to market conditions.Rebalancing Frequency: Weekly rebalancing ensures timely adjustments based on market trends.Momentum-Based Signals: BTI uses four moving average pairs to generate trend signals. The final signal is an average of these pairs, which the index then uses in a dynamic allocation strategy ranging from 0% to 100% bitcoin exposure.Risk Management: Designed to reduce sharp drawdowns and mental biases associated with bitcoin investing, aiming for higher risk-adjusted returns.Transparency: Fully transparent and systematic methodology, ensuring clarity and trust for investors.

“The AMINA CoinDesk BTC Momentum Index represents a significant step forward in providing sophisticated, data-driven tools for bitcoin investors,” said Alan Campbell, President of CoinDesk Indices. “Our collaboration with AMINA Bank allows us to bring a unique index to market that combines our expertise in digital asset indices with AMINA’s innovative approach to crypto banking and investment solutions.”

“Partnering with industry leader CoinDesk Indices to launch the BTIAMINA is a landmark development for the broader crypto investment community,” said Gregory Mall, Head of Investment Products & Solutions at AMINA Bank. “This index is a testament to our commitment to innovation and excellence in the digital asset space. We are providing professional investors with a sophisticated tool to navigate the complexities of the bitcoin market with greater confidence and precision. The BTIAMINA Index not only aims to enhance risk-adjusted returns but also reduces the psychological hurdles associated with direct bitcoin investments.”

For more details on the BTIAMINA Index, visit: https://aminagroup.com/individuals/investments/amina-coindesk-bitcoin-momentum-note-btiamina.

For media inquiries, please contact:

CoinDesk Indices:
Casey Craig, CoinDesk, casey@coindesk.com
Emma Martin, Allison Worldwide, coindesk@allisonworldwide.com

AMINA Group:
Matt Turner, Wachsman, aminabank@wachsman.com

About CoinDesk Indices

Since 2014, CoinDesk Indices has been at the forefront of the digital asset revolution, empowering investors globally. A subsidiary of Bullish, our indices form the foundation of the world’s largest digital asset products. Known for their precision and compliance, flagships such as the CoinDesk Bitcoin Price Index (XBX) and the CoinDesk 20 Index set the industry standard for measuring, trading, and investing in digital assets. With tens of billions of dollars in benchmarked assets, CoinDesk Indices is a trusted partner. Discover more at coindeskmarkets.com.

About AMINA Group

Founded in April 2018 and headquartered in Zug (Switzerland), AMINA Bank AG is a pioneer in the crypto banking industry. In August 2019, AMINA Bank AG received a Swiss Banking and Securities Dealer Licence from the Swiss Financial Market Supervisory Authority (FINMA). In November 2023, AMINA (Hong Kong) Limited received its securities and asset management licenses from the Securities and Futures Commission (SFC). AMINA Bank AG ADGM received its financial license in January 2022 from the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM). The broad, vertically integrated spectrum of services, combined with industry leading security standards, make AMINA Group’s value proposition unique. AMINA Group operates globally from its regulated offices in Switzerland, Abu Dhabi, and Hong Kong to offer a broad range of financial and securities services that go from the traditional ones to fiat and crypto services, among others, to innovative professional investors, traditional and crypto-native alike, whether individuals, corporates or institutions. For more information, please visit www.aminagroup.com.

CoinDesk Indices disclaimer: CoinDesk is a portfolio company of the Bullish group. CoinDesk Indices, Inc. (“CDI”) does not sponsor, endorse, sell, promote or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CDI is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CDI index. CDI does not act as a fiduciary. A decision to invest in any asset linked to a CDI index should not be made in reliance on any of the statements set forth in this document or elsewhere by CDI. All content contained or used in any CDI index (the “Content”) is owned by CDI and/or its third-party data providers and licensors, unless stated otherwise by CDI. CDI does not guarantee the accuracy, completeness, timeliness, adequacy, validity or availability of any of the Content. CDI is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CDI does not assume any obligation to update the Content following publication in any form or format. © 2024 CoinDesk Indices, Inc. All rights reserved.

AMINA Bank AG is a Swiss bank and securities dealer with its head office and legal domicile in Switzerland. It is authorized and regulated by the Swiss Financial Market Supervisory Authority (FINMA). This document is for your information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. The information contained herein does not constitute a personal recommendation or take into account particular investment objectives, investment strategies, financial situation and needs of any specific recipient. Certain products and services of AMINA Bank AG are not accessible to residents and/or nationals of certain countries. Certain services and products are subject to legal restrictions and cannot be offered on an unrestricted basis and/or may not be eligible for sale to certain investors. Recipients are therefore asked to consult the sales restrictions relating to products or services in question for further information. Furthermore, recipients may consult their legal/tax advisors should they require any clarifications.

 

View original content:https://www.prnewswire.com/apac/news-releases/coindesk-indices-and-amina-group-partner-to-launch-bitcoin-trend-indicator-index-302186482.html

SOURCE CoinDesk Indices

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LG Innotek to build FC-BGA into 700 million USD business by 2030 with its state-of-the-art Dream Factory

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SEOUL, South Korea, May 12, 2025 /PRNewswire/ — LG unveiled the Dream Factory, a hub for the production of FC-BGAs (Flip Chip Ball Grid Arrays), the company’s next-generation growth engine, to the media for the first time and announced it on the 30th April.

In 2022, LG Innotek announced its plans to launch a business producing FC-BGAs, high-value semiconductor substrates. To build the Dream Factory, the company acquired LG Electronics’ Gumi 4 Factory and began full-scale mass production in February 2024.

The Dream Factory, spanning a total area of 26,000 square meters, is regarded as the industry’s most advanced “smart” factory, integrating the latest IT technologies, including artificial intelligence, deep learning, robotics, and digital twin technologies. By applying automation, information, and intelligence technologies to the entire process, it has established a cutting-edge FC-BGA production infrastructure that eliminates the four major factors known to undermine production competitiveness: human error (Man), failure cost(F-cost), breakdown maintenance (BM) loss, and accidents.

“Elimination of defects caused by human contact” through automation of all processes and logistics using robots

For semiconductor substrate products such as FC-BGAs, which require a highly demanding ultra-fine process, even the smallest foreign objects (eyelash, saliva, etc.) can cause quality issues. Therefore, it is crucial to minimize human contact with products during production.

To this end, LG Innotek has introduced a completely automated logistics system at the Dream Factory, where coming across a person is a rare event. Apart from essential personnel, such as equipment maintenance and repair workers, all 10 steps of the FC-BGA production and logistics processes are unmanned.

Dozens of autonomous mobile robots (AMRs) move materials around the production line autonomously. When a production order is placed, which is done automatically, based on the customer’s delivery timeframe entered in the RTS (real-time schedule), the AMRs transport the raw materials to the process facility. Once the barcode on the raw material is detected, also done automatically, by the machine, the process recipe is automatically set on the equipment according to the product specifications through the recipe management system (RMS), after which the product processing begins. The AMRs are also responsible for loading the finished product back into the stocker.

In addition, the process of peeling off the protective film from the panel (film detach) is also replaced by a robot. This enables the early prevention of fine scratches and defects caused by foreign objects such as dust particles and foreign substances. The construction of non-touch production facilities, involving such equipment as collaborative robots, in the entire process has significantly reduced mishandling by workers.

Unmanned AI-based FC-BGA quality inspection, enhancing customer confidence by ensuring quality “transparency”

The Dream Factory generates more than 200,000 files and 100GB of data related to FC-BGA production every day. LG Innotek collects this data throughout the production process through sensors installed in all of its facilities.  By applying AI, which continuously learns from this big data, to the defect prediction and inspection system, the company has significantly reduced the lead time caused by defects.

In addition, LG Innotek has applied an AI deep learning vision inspection system to the Automated Optical Inspection (AOI) process, which is the most important step in determining whether a product is of good quality. Tirelessly, the robot moves the finished FC-BGA board products to the vision screening inspection table. Next, the AI, which has been trained on tens of thousands of data points on defective and good quality FC-BGAs, detects micro-level defects that are challenging to identify with the naked eye, and it does so in only 30 seconds.

LG Innotek is operating a further advanced AOI process. In the room next to the AOI equipment for faulty circuits, there is a much larger robot and inspection system. Called Line Quality Control (LQC), it can automatically check whether the various specifications (thickness, size, etc.) of the product requested by the customer have been fulfilled. The inspection data is immediately sent to the customer, ensuring product quality transparency, which leads to higher customer confidence. This industry-leading sophistication of LG Innotek’s AOI equipment has been cited as one of the most impressive aspects of the factory by the global customers who have visited it.

AI can identify defective products, and since every product has a barcode that tracks its process history, products that are deemed defective are automatically filtered out without the need for human intervention, reducing F-costs by more than 50%.

Additionally, AI has been applied to the digital simulation system, which prevents product defects and equipment failures. Previously, the process of workers manually checking products for defects and identifying which machines were faulty and how to repair them in response to defects required a lot of time. This can now be significantly improved.

By 2026, LG Innotek plans to introduce an intelligent Quality Management System (i-QMS) that detects and analyzes quality irregularities during production in real time and automatically corrects them. The company plans to automate the entire FC-BGA production process, especially by developing a platform that uses digital twin technology to share information on all processes, from product development to production, with customers in real time to enhance customer responsiveness.

Optimized FC-BGA process equipment using digital twin technology, “halving the ramp-up period”

Since even the smallest variables can lead to poor performance in FC-BGAs, equipment optimized for mass production and process recipes and production environments set to perfect values are fundamental to achieving high yields.

The FC-BGA process equipment installed in the Dream Factory is set to optimal conditions through digital twin technology. In the past, identifying optimal conditions for the FC-BGA process required a lot of time and money, along with hundreds of tests. Before building the facility, LG Innotek managed to identify problems with the initial setup of the FC-BGA process facility in advance by conducting a “factory simulation” using 3D modelling in virtual space. This enabled the facility to be carefully set for optimal conditions, such as liquid, heat, and air flow, which were difficult to measure inside the actual facility. As a result, the ramp-up period (increase in production capacity by improving initial production yields) was shortened by nearly half compared to the previous operation period.

In addition, digital twin technology is applied to the Line Monitoring System (LMS), which monitors production status in real time. The real-time monitoring system enables users to monitor the production line currently in operation, product movement, inventory status, equipment irregularities, production performance, and product quality status at a glance on the large screen of the integrated control room where the LMS is installed. This makes it possible to respond immediately in the event of any irregularity.

Internalization of glass core technology, step-by-step entry into the high-end FC-BGA market: “Fostering the business into 700 million USD business by 2030″

Over the past 50 years, LG Innotek has accumulated core technologies for high-value semiconductor substrates, such as ultra-fine microcircuits and high-density, multi-layer substrate matching technology (stacking multiple substrate layers accurately and evenly), through its substrate material components business.

Based on this know-how, the company began full-scale mass production of FC-BGAs for personal computers (PCs) for North American big-tech customers at the end of last year and recently succeeded in securing additional global big-tech clients. This year, LG Innotek aims to enter the FC-BGA market for PC central processing units (CPUs). Its strategy is to enter the high-end FC-BGA market in phases, including entering the server FC-BGA market as early as 2026. In preparation for this, LG Innotek has already acquired facilities that are essential in the manufacturing of FC-BGA products for servers, such as “edge coating” that blocks the generation of dust particles.

In line with this goal, LG Innotek will also accelerate the development of next-generation substrate technologies in collaboration with global big-tech clients. By 2027, the company plans to internalize technologies such as re-distribution layer (RDL) technology, which engraves microcircuit patterns directly onto the substrate; device embedding technology, which minimizes power loss by embedding devices into the substrate; and multi-layer core (MLC) and glass core (glass substrate) technologies, which prevent warping when implementing large-area substrates. In particular, LG Innotek has been promoting glass substrates by strengthening its collaboration with global customers.

Minseok Kang, vice president and head of LG Innotek’s Substrate & Material Business Unit, said, “LG Innotek will continue to expand the production of FC-BGAs that provide exceptional customer value based on its state-of-the-art Dream Factory and develop the FC-BGA business into 700 million USD business by 2030.”

According to the Fuji Chimera Research Institute, the size of the global FC-BGA market is expected to more than double from USD 8 billion in 2022 to USD 16.4 billion in 2030.

[Glossary]

FC-BGA (Flip Chip Ball Grid Array): This is a semiconductor substrate that is widely applied to electronic devices equipped with semiconductor chips (CPU, GPU, AI chips, etc.) that perform various computing functions. Demand for high-performance semiconductor substrates is growing rapidly due to increased data throughput, higher semiconductor processing speeds, and the need for low-power semiconductors. For these reasons, FC-BGAs have a larger area and more layers than conventional semiconductor substrates. They are also known to have high barriers to market entry because they require top-level facilities and technologies to produce.

 

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SOURCE LG Innotek

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GIGABYTE Announces the Premium Gaming and AI Computing Solution AI TOP 100 Z890 Now Available

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TAIPEI, May 12, 2025 /PRNewswire/ — GIGABYTE, the world’s leading computer brand, announces the launch of the AI TOP 100 Z890, a desktop PC tailored for both gaming and AI computing, now available in Taiwan market. Designed to deliver extreme performance, the AI TOP 100 Z890 is powered by the Intel® Core™ Ultra 9 285K processor, the Z890 AI TOP motherboard, and the NVIDIA® GeForce RTX™ 5090 graphics card, optimizing for AI workloads and high-performance gaming. Combined with the pre-installed Windows 11 operating system, users can access AI computing with a standard power setup and plug-and-play convenience.

At the core of the AI TOP 100 Z890 is an Intel® Core™ Ultra 9 285K CPU featuring built-in AI Boost NPU, paired with D5 Bionic Corsa technology-enhanced GIGABYTE 128GB DDR5 memory, and the GIGABYTE GeForce RTX™ 5090 WINDFORCE graphics card that supports NVIDIA DLSS 4.0 and Multi Frame Generation. The system also includes an ultra-fast AORUS Gen4 7300 SSD and a GIGABYTE 320GB AI TOP 100E cache drive offering up to 150x TBW compared to standard SSDs and ideal for high-volume data training. The cooling system plays a crucial role under heavy workloads, while the AORUS WATERFORCE II 360 liquid cooler and AORUS AC500G ST AI TOP chassis offer stable operation even under intensive loads.

The AI TOP Utility is a reinvented and intuitive software for managing AI workflows. Supporting memory offloading and fine-tuning for LLMs and LMMs up to 405B parameters, the software allows users to choose AI models with RAG, create datasets, track training progress via a real-time dashboard, and validate models. It also enables multi-node clustering via Thunderbolt and Ethernet, empowering users to scale performance as needed.

The GIGABYTE AI TOP 100 Z890 is built for gamers, developers, researchers, or AI hobbyists seeking a ready-to-go solution to gaming and AI computing. Visit GIGABYTE official website for full specifications and more information.

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SOURCE GIGABYTE

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ECOMAGIC Co., Ltd. And POSCO INTERNATIONAL Sign Exclusive Sales Agreement for Thailand on a Core Technology for Achieving Carbon Neutrality in the Petroleum Energy Sector

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SEOUL, South Korea, May 12, 2025 /PRNewswire/ — In an era of escalating climate crisis, the world is placing ‘carbon neutrality’ at the forefront of global discourse. Countries around the world have pledged to submit detailed action plans to the United Nations by establishing Long-Term Low Emission Development Strategies (LEDS) aimed at achieving carbon neutrality by 2050. They continue to make steady efforts by expanding the adoption of renewable energy and implementing various alternatives to reduce carbon emissions.

However, despite the global trend toward energy transition, the demand for petroleum as a major fossil fuel remains solid. In particular, because gasoline, which is the most widely used, has a boiling point of only 23°C, volatile organic compounds (VOCs) are inevitably released during storage and transportation. These VOCs contain carcinogens like benzene and toluene that can cause serious illnesses once they enter the human body.

In the midst of this challenge, a groundbreaking technology that reduces the emission of VOCs and carbon dioxide has been developed in South Korea. The company behind this innovation is ECOMAGIC Co., Ltd., recognized as a leading enterprise in the field of eco-friendly renewable energy and carbon reduction projects.

For the past 11 years, ECOMAGIC has been dedicated to developing the ‘Vapor Liquefaction Treatment System’, a technology that ensures gasoline can be used wisely, without threatening human life and instead contributing positively to the environment. Together with POSCO INTERNATIONAL, a company with a global network, ECOMAGIC has taken a significant step toward advancing carbon neutrality practices.

POSCO INTERNATIONAL is steadily developing greenhouse gas and carbon emission reduction projects in response to climate change and is moving forward with the goal of reinvesting corporate profits back into society through its ESG initiatives.

Interview with Mr. Wooho Kim, Head of POSCO INTERNATIONAL Thailand

1. We heard that you made significant efforts to introduce ECOMAGIC’s Vapor Liquefaction Treatment System into the Thai market. Could you share the background behind it?

“POSCO INTERNATIONAL Thailand has been continuously monitoring the Thai government’s efforts to strengthen environmental regulations and achieve carbon neutrality goals. In particular, vapor emissions generated during the storage and distribution of gasoline have become a major cause of air pollution and health issues, creating a clear need for effective solutions.

ECOMAGIC’s Vapor Liquefaction Treatment System is an innovative product capable of addressing these challenges. It significantly reduces vapor emissions compared to conventional methods and helps prevent gasoline losses, offering notable economic benefits as well. As part of our strategy to strengthen ESG management and expand our sustainable energy business in the Thai market, POSCO INTERNATIONAL decided to actively promote the introduction and sales of this product.”

2. What is your outlook on the market potential for vapor liquefaction recovery systems at gas stations in Thailand?

Thailand is one of the major petroleum-consuming countries in ASEAN, with annual gasoline consumption exceeding 30 billion liters. As a result, vapor emissions generated during the gasoline distribution process have become a serious issue, and the Thai government is actively promoting various policies to reduce air pollution.

Major refiners and gas station operators in Thailand are strengthening their ESG management and showing strong interest in adopting new technologies aimed at improving energy efficiency and protecting the environment. In particular, vapor recovery and liquefaction technologies are effective in reducing fuel losses and responding to tightening environmental regulations, which suggests there will be strong demand in the Thai market moving forward.

POSCO INTERNATIONAL plans to strengthen collaboration with major gas stations and petroleum distributors in Thailand through its partnership with ECOMAGIC.”

3. What other projects is POSCO INTERNATIONAL pursuing to support carbon neutrality? 

“As a global integrated business company, POSCO INTERNATIONAL is promoting a wide range of eco-friendly projects aimed at building a sustainable future.

We are contributing to reducing greenhouse gas emissions and accelerating the energy transition through solar and wind power generation, and supporting the shift to green energy by establishing supply chains for low-carbon hydrogen and eco-friendly ammonia.

In addition, we are advancing carbon emission reduction initiatives by utilizing carbon capture, utilization, and storage (CCUS) technologies, moving one step closer to achieving carbon neutrality.

Through these diverse ESG initiatives, POSCO INTERNATIONAL is committed to pursuing sustainable growth and will continue to strengthen its efforts toward carbon neutrality in both the Thai and global markets.”

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