Technology

ITRI Joins Forces with EU 6G-SANDBOX for Advanced 6G R&D

Published

2 weeks ago

November 8, 2024

HSINCHU, Nov. 8, 2024 /PRNewswire/ — At the 2024 EU-TW 6G SNS Joint Workshop in Taipei, the Industrial Technology Research Institute (ITRI), alongside its Taiwanese partners and the EU 6G-SANDBOX, presented the outcomes of their collaboration, showcasing advancements in the 6G trial network, including ISAC technology and reconfigurable intelligent surface (RIS) solutions.

Under the 6G-SANDBOX project, ITRI has partnered with LITEON, Auray, Groundhog, National Sun Yat-sen University, Keysight, IS-Wireless, Siradel, University of Málaga, and Queen’s University Belfast to establish the world’s largest 6G trial network. This collaboration leverages advanced O-RAN communication and integrated sensing technologies, such as AI-based human posture recognition and 3D sensing imaging techniques, to create a testing environment for a wide range of vertical applications.

The RISFORCE team, which includes ITRI, BenQ Materials, TMYTEK, YTTEK, and National Chung Cheng University, is also part of the 6G-SANDBOX project. In February 2025, four RIS solutions from the RISFORCE team will be validated in real-world scenarios in Spain, together with Keysight, Nokia, Telefonica, and the University of Malaga, to enhance the ecosystem for 6G R&D collaboration between the EU and Taiwan.

Since 2016, ITRI has been an active participant in European communications R&D initiatives, successfully completing six projects along with more than 30 teams from 10 countries. These efforts have focused on areas such as smart manufacturing and disaster relief drones. Looking forward, ITRI remains committed to deepening its collaboration with European partners in 6G R&D, with a focus on three key pillars: openness, sustainability, and intelligence. The Institute invites partners from both home and abroad to join its 6G trials and foster innovations that support global sustainability objectives.

By leveraging digital twin technology for large-scale network simulations, ITRI aims to significantly enhance intelligent 6G network operations. This continued collaboration between Taiwan and the EU is expected to provide both regions with a strategic advantage in the commercialization of 6G technology and the shaping of global standards.

The workshop was co-hosted by the Department of Industrial Technology (DoIT), the Ministry of Economic Affairs (MOEA) and the European Commission’s Directorate-General for Communications Networks, Content, and Technology (DG CNECT). Opening remarks were delivered by Dr. Chyou-Huey Chiou, Director General of DoIT, MOEA; Pearse O’Donohue, Director of Future Networks at DG CNECT; and Dr. Colin Willcock, Chairman of 6G-IA.

Other key figures included Erzsebet Fitori, Executive Director of the EU 6G SNS Project Office; Harald Haas, Van Eck Professor of Engineering at the University of Cambridge; Emilio Calvanese Strinati, 6G-GOALS and 6G-DISAC project coordinator and Scientific Innovation Director of Smart Devices, Telecommunications and Security at CEA-Leti; Rahim Tafazolli, Head of the Institute for Communication Systems at the University of Surrey; Navid Nikaein, CEO and Founder of BubbleRAN (6G-SENSES partner); and Michael Dieudonné, Senior Director of Keysight (coordinator for 6G-SANDBOX). There were also representatives from Taiwanese entities, including Chunghwa Telecom, Compal, LITEON, BenQ Materials, Auden, Groundhog, TMYTEK, YTTEK, CTOne, ITRI, National Taiwan University, and National Tsing Hua University. Participants exchanged insights and explored significant future 6G collaboration opportunities.

About ITRI

Industrial Technology Research Institute (ITRI) is one of the world’s leading technology R&D institutions aiming to innovate a better future for society. Founded in 1973, ITRI has played a vital role in transforming Taiwan’s industries from labor-intensive into innovation-driven. To address market needs and global trends, it has launched its 2035 Technology Strategy and Roadmap that focuses on innovation development in Smart Living, Quality Health, Sustainable Environment, and Resilient Society.

Over the years, ITRI has been dedicated to incubating startups and spinoffs, including well-known names such as UMC and TSMC. In addition to its headquarters in Taiwan, ITRI has branch offices in the U.S., Germany, Japan, and Thailand in an effort to extend its R&D scope and promote international cooperation across the globe. For more information, please visit https://www.itri.org/eng.

Media Contact

Annie Wu
Office of Marketing Communications, ITRI
+886-3-591-8406
aiyunwu@itri.org.tw

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Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

3 hours ago

November 24, 2024

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

7 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

SOURCE Wahed

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

7 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

For more information, visit: www.wahed.com

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