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USI and Tech Mahindra Establish First Development Center in India to Drive Engineering Innovation

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SHANGHAI, Nov. 28, 2024 /PRNewswire/ — USI (SSE 601231), a global leader in electronic design and manufacturing and in SiP (System-in-Package) technology, announced a collaboration with Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries, to establish USI’s first Engineering Offshore Development Center (ODC) in India. Located at Tech Mahindra’s Bengaluru office, the development center will accelerate innovation in smart device engineering.

This collaboration aims to provide scalable solutions, accelerate time-to-market, and deliver innovative advancements. It will leverage Tech Mahindra’s specialized talent pool and advanced labs, focusing on technologies expected to drive the future of connected devices, additive manufacturing, connected vehicles, and augmented and virtual reality. The center marks a significant milestone for USI as it expands its engineering capabilities to India, providing a strong foundation for enhancing device software development, hardware design, and testing. USI aims to leverage Tech Mahindra’s expertise, particularly the need for scalability and flexibility, faster product launches, and access to specialized skills and facilities. 

Narasimham RV, President – Engineering Services, Tech Mahindra, said, “We are delighted to collaborate with USI to launch a first-of-its-kind engineering development center. This underscores our commitment to driving innovation through specialized engineering services. We are positive that this collaboration will pave the way for device software and hardware design advancements, ultimately setting the stage for future partnerships.”

In addition, the center will provide comprehensive services, including modem software development, android telephony, middleware, board support package (BSP), device driver engineering, and advanced hardware and printed circuit board (PCB) design. Through this collaboration, Tech Mahindra, known for its expertise in providing next-generation technology solutions, will enhance its modem, radio frequency software, and video bar development capabilities.

John Fang, USI CTO, said, “The establishment of our offshore development center with Tech Mahindra marks a significant milestone in extending the capabilities of USI’s R&D efforts. By leveraging Tech Mahindra’s specialized talent pool and deep expertise in the telecom and automotive sectors, we are well-positioned to enhance both the speed and quality of our innovations. This partnership will provide us with the scalability and flexibility needed to accelerate our time to market and meet the evolving demands of our customers. We are excited about the collaboration with Tech Mahindra and look forward to achieving new heights together.”

The center will also help USI streamline product development, enabling it to focus on its core competencies while benefiting from competitive pricing and efficient service delivery. As USI’s first development center in India, this facility will serve as a hub, showcasing how global companies can tap into India’s engineering talent to improve their time-to-market and enhance product development innovation. The center marks a new chapter, emphasizing the potential for joint innovation and operational excellence to meet the evolving needs of the global market.

About Tech Mahindra

Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 150,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative’s Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies. For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com

About USI (SSE: 601231)

USI, Universal Scientific Industrial (Shanghai) Co., Ltd., is a global leader in electronic design and manufacturing as well as a leader in the field of SiP (System-in-Package) technology. With Asteelflash and Hirschmann Car Communication, USI has 31 production and service locations across four continents of Asia, Europe, the Americas, and Africa, and offers customer diversified electronic products with D(MS)2 product services: Design, Manufacturing, Miniaturization, Industrial software, and hardware Solutions, and material procurement, logistics and maintenance Services. USI is a subsidiary of ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX). To learn more, please visit www.usiglobal.com and engage with us on LinkedIn and YouTube.

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2024 British Business Awards winners announced in Shanghai

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Championing innovation, impact and business excellence across China

SHANGHAI, Nov. 28, 2024 /PRNewswire/ — After months of rigorous applications and judging, the winners of the 2024 British Business Awards were announced during the Gala Ceremony on 22nd November at the Kerry Hotel Pudong, Shanghai.

Organised by the British Chambers of Commerce across China, the biennial awards celebrate outstanding achievements and highlight the vital contributions of businesses and individuals fostering strong economic ties between the UK and China. Featuring nine categories, the 2024 Awards drew 110 impressive submissions from a wide range of industries. More than 50 outstanding businesses and individuals were shortlisted during the first-round judging. The newly introduced online voting element garnered nearly 1.16 million public views, further amplifying the reach and engagement of this momentum occasion.

Dame Caroline Wilson DCMG, British Ambassador to China, said: “Business is a cornerstone of the UK-China relationship, and the British Business Awards are a testimony to British companies’ significant contribution to China’s development. Their achievements, successes and thriving eco-system also help drive economic growth and innovation in the UK.”

Kirsten Johnston, Chair of the 2024 British Business Awards, shared in her welcome remarks: “The British Business Awards, now in their 16th year, reflect the unwavering commitment of both British and Chinese businesses to driving progress, fostering collaboration, and making a lasting impact on our economies and societies. As we unveil the winners, I would also like to extend a heartfelt thanks to our 38 judges, who collectively contributed nearly 2,000 volunteer hours. Their hard work and expertise were critical to ensuring a rigorous evaluation process.”

2024 British Business Awards Winners:

Innovation Award
– sponsored by The University of Manchester China Centre
Smiths Group

Sustainability Award
– sponsored by the University of Nottingham Ningbo China
Smiths Group

Social Impact Award
– sponsored by ASCEND IT
Reckitt China

Education Partnership Award
– sponsored by The British Council
University of Nottingham Ningbo China

Business Partnership Award
– sponsored by GE5 Education
Wellington College China

Chinese UK Alumnus Award
– sponsored by BritCham Shanghai
Yinpeng Bao
OxSyns Biotech

Inspiring Leadership Award
– sponsored by BritCham Shanghai
Capt. Simon Hibberd
S. B. Submarine Systems Company Limited

Outstanding Contribution to the UK Award
– sponsored by BritCham Shanghai & China Chamber of Commerce in the UK
Agricultural Bank of China London Branch

British Company of the Year Award
– sponsored by Smiths Group

[Large Company]
Jaguar Land Rover (China) Investment Co., Ltd.

[Medium Company]
Silverstream Technologies (Shanghai) Limited

[Small Company]
The Hutong Education

The Gala Ceremony was also graced by Matt Burney CMG, British Consul-General, Shanghai, Sohail Shaikh, British Deputy Trade Commissioner for China, Cat Sinclair-Jones, Director East China, British Council, Peter Burnett OBE, BBS, CEO, China Britain Business Council. They were joined by representatives from British and Chinese governments, businesses, and media organisations, alongside over 330 distinguished guests. The event was chaired by Jasmine Pang, Director of European Affairs at Phoenix TV.

2024 Awards are supported by the Department for Business and Trade (DBT), the British Council, China-Britain Business Council (CBBC), Scottish Development International, Invest Northern Ireland, and the Chinese Chamber of Commerce in the UK. For more information, please visit www.britishbusinessawards.org

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Willog Awarded ‘Minister of Land, Infrastructure, and Transport Citation’ at Korea Logistics Awards for the Third Consecutive Time

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SEOUL, South Korea, Nov. 28, 2024 /PRNewswire/ — Willog Co., Ltd. (Co-CEOs Ben S. Bae and Daniel J. Yun, www.willog.io), a supply chain monitoring solution provider, announced on the 4th of November that it was awarded the Minister of Land, Infrastructure, and Transport Citation at the 32nd Korea Logistics Awards held on Logistics Day, November 1st.

This marks the third consecutive win for Willog, following its recognition in 2020 and 2022.

The Korea Logistics Awards, hosted by the Ministry of Land, Infrastructure, and Transport, aims to strengthen the competitiveness of Korea’s logistics industry by recognizing individuals and organizations who have contributed to the industry’s growth. Award recipients are selected based on their contributions to logistics innovation, ecosystem development, overseas expansion, technology advancement, and overall impact on the logistics sector.

The award recognizes Willog’s contributions to advancing digitalization within the logistics industry through its proprietary supply chain monitoring solutions. These innovations support the government’s “New Growth 4.0” strategy and provide visibility throughout the logistics process, enabling cost savings, quality enhancement, and data-driven decision-making for companies.

Willog’s solutions, particularly in cold chain logistics, are lauded for reducing logistics costs and enhancing transportation quality through data insights. Willog’s monitoring solutions gather and analyze data on factors like temperature, humidity, and impact during transit, ensuring safe transport and storage of goods. This system enables companies to detect and preemptively address issues such as temperature fluctuations and damage, enhancing long-term transportation quality and operational efficiency.

Willog’s latest recognition with the Minister of Land, Infrastructure, and Transport Award solidifies its position as a dominant force in Korea’s cold chain industry. This prestigious award highlights Willog’s unmatched contributions to logistics digitalization and innovation, which have fundamentally shaped the country’s logistics landscape. Over the past years, Willog has become synonymous with reliability, cost-efficiency, and quality improvement in cold chain logistics across Korea, achieving unparalleled brand recognition and market leadership.

Building on its success in Korea, Willog is now expanding into the Asia-Pacific market, recognizing a regional need for advanced cold chain solutions. With strategic plans to fill this gap, Willog aims to become a prominent name globally, drawing interest from influential organizations and corporate partners.

“This 3rd consecutive award is a meaningful achievement for us,” said Co-CEO Daniel J. Yun. “Willog remains committed to driving innovation and supporting digital transformation within logistics.”

About Willog

Willog Co., Ltd. provides supply chain monitoring solutions that collect temperature, humidity, and impact data to ensure product safety during transportation. Its sensor devices capture critical data, which is then analyzed through a cloud-based platform. This enables real-time visibility, proactive issue resolution, and data-driven decision-making, helping companies minimize costs and maintain revenue by preventing damage and spoilage.

Since securing initial Series A funding in 2021, Willog has attracted further investment, including Series B in October 2023. It continues to expand globally, with partnerships in the United States, Singapore, Japan, and more countries in Asia Pacific region

Media Contact
Willog Co., Ltd.
Team Leader: Helen Shin
helen@willog.io

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Grow with Xiaomi: Building a Sustainable Open Ecosystem for Apps, Services and Contents

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SINGAPORE, Nov. 28, 2024 /PRNewswire/ — The Xiaomi Internet Partner Conference (MIPC Singapore 2025) successfully concluded on November 27th in Singapore, bringing together over 100 leading partners from across the industry.

During the conference, Mr. Qiang Song, General Manager of Xiaomi’s International Internet Business Department, outlined the department’s business strategy. Through its extensive device network and HyperOS platform, Xiaomi enables seamless connectivity across user scenarios. This foundation supports a comprehensive and efficient application and game ecosystem, alongside content and service solutions, enhancing user experience. The company offers partners comprehensive business solutions to accelerate growth, including advertising-based user acquisition, in-app ad monetization, and game publishing services.

In the realm of apps and games distribution, Xiaomi’s official app store, GetApps, is now available in over 100 markets, with over 260 million monthly active users and more than 30 million daily installations.

Beyond popular applications, GetApps offers curated content and exclusive discounts of up to 10% on in-app purchases. For developers, it provides an open ecosystem powered by Xiaomi’s proprietary OEM capabilities. The platform’s Minicard feature enables frictionless app distribution across Xiaomi devices through end-to-end optimization, helping developers achieve 26% higher conversion rates and a 20% increase in Average Revenue Per User (ARPU) when integrated with Xiaomi Payment Solution for monetization.

In content and service distribution, Xiaomi has established a new content ecosystem featuring Granular Services, powered by Xiaomi HyperOS for instant accessibility. By deconstructing apps into core service modules, Xiaomi allows users to add these services as widgets directly to their home screens with a single tap. These widgets provide live previews with real-time status updates, eliminating the need to download full apps. Through a professional widget store operating across various scenarios, users can access developers’ core services more quickly and conveniently, significantly enhancing conversion rates.

Xiaomi also excels in digital marketing through its OEM native ad experience and AI-powered platform. Using OS-level data, intelligent algorithms, and a wide range of touchpoints, developers can execute highly effective user acquisition campaigns on Xiaomi’s platform. These unique capabilities helped secure Xiaomi’s No. 3 ranking in the 2024 AppsFlyer Power Ranking for Android Non-Gaming.

For monetization, Xiaomi maximizes the commercial value of applications through the Columbus Monetization Platform. This platform helps developers boost in-app advertising revenue by combining premium direct clients with demand-side platforms, providing SDK integration for standard ad formats and processes, and offering support from a dedicated team of specialists. It has successfully integrated three mainstream mediation platforms and collaborates with over 1,500 apps across 30 regions. Combined with on-device capabilities such as Minicard, the platform delivers improved monetization performance, achieving a 10% increase in Effective Cost Per Mille (eCPM).

Xiaomi’s overseas internet business continues to show strong momentum. According to Xiaomi Corporation’s Q3 2024 quarterly results, revenue from Xiaomi’s internet services reached a record high of RMB 8.5 billion, with a gross profit margin of 77.5%. Notably, overseas internet revenue grew by 18.3% year-over-year to RMB 2.7 billion, also reaching a historical high, accounting for 32.5% of the total internet services revenue.

“Through our core system capabilities, we remain committed to building a sustainable open ecosystem for apps, services, and content that delivers optimized user experiences and efficient user acquisition, while offering partners competitive monetization opportunities,” said Mr. Qiang Song, “Staying true to our user-centric vision and ‘Grow with Xiaomi’ strategy, we will continue to create value and explore boundless possibilities for our users and partners.”

About Xiaomi Corporation

Xiaomi Corporation was founded in April 2010 and listed on the Main Board of the Hong Kong Stock Exchange on July 9, 2018 (1810.HK). Xiaomi is a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an IoT platform at its core.

Embracing our vision of “Make friends with users and be the coolest company in the users’ hearts”, Xiaomi continuously pursues innovations, high-quality user experience and operational efficiency. The company relentlessly builds amazing products with honest prices to let everyone in the world enjoy a better life through innovative technology.

Xiaomi is one of the world’s leading smartphone companies. In September 2024, global monthly active users ( “MAU”) reached 685.8 million. The company has also established the world’s leading consumer AIoT (AI+IoT) platform, reached 861.4 million smart devices connected to its platform (excluding smartphones, laptops and tablets) as of September 30, 2024. Xiaomi products are present in more than 100 countries and regions around the world. In August 2024, Xiaomi was included in the Fortune Global 500 list for the sixth year in a row.

Xiaomi is a constituent of the Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng TECH Index and Hang Seng China 50 Index.

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