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International outlook of BRI helping businesses in Wuhan grow overseas

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BEIJING, Dec. 17, 2024 /PRNewswire/ — A report from China Daily

Enterprises in Wuhan city, Central China’s Hubei province, are expanding toward global markets under the Belt and Road Initiative, cultivating a large number of professionals and boosting local economic and social development.

Eight years ago, YOFC, a Wuhan-based enterprise specializing in the production and sale of fiber-optics and cables, set up Yangtze Optics Africa Cable, or YOA Cable, in Durban, South Africa.

Velile Mngonyama, a local production manager of YOA Cable, recalled that to start production smoothly, he and seven other colleagues, as the first group of foreign technical personnel, went to Wuhan in August 2016. There they completed a full set of training, from fiber-optic technology and equipment maintenance to production management, within a month.

“When joining YOA Cable, I started from scratch, and it was the Chinese engineers at YOFC who patiently taught me how to use equipment and manage the production,” he said.

Today, YOFC has established eight production bases in countries involved in the BRI, with more than 50 overseas offices, serving more than 100 countries and regions.

In Manila, the capital of the Philippines, a steaming bowl of hot dry noodles has become a regular on the table of Rayan Nalua, senior technical manager of the Philippine subsidiary of Wuhan FiberHome International Technologies.

When he first joined the company 10 years ago, Nalua was a local technical engineer in the network operations and maintenance team. “At that time, my Chinese leaders and colleagues were very tolerant and gave me many opportunities,” he said.

Expanding to major cities such as Manila, Cebu and Davao, FiberHome Philippines has become an industry leader with more than 15,000 employees and launched projects across the country.

Ivo, a Bulgarian employee of Wuhan-based HGTECH, an industrial tech enterprise producing laser equipment, said: “China develops rapidly, and the company innovates quickly as well. I enjoy this competitive atmosphere and want to do better.”

In 2012, he came to study mechanical engineering at Huazhong University of Science and Technology and graduated with a master’s degree in 2018. At the time, HGTECH was expanding into the European market and recruiting talents from home and abroad.

At HGTECH, new self-developed products are emerging continuously. Initially unfamiliar with these products, Ivo took the initiative to search for information to understand the uses, performance, and advantages of the products, and how to provide solutions when issues arise.

Soon after, Ivo secured his first order in Bulgaria, also HGTECH’s first in the country. “Working in a high-level company requires continuous learning of new knowledge and mastering new skills,” Ivo said.

In Addis Ababa, the capital of Ethiopia, Demeke Lule of Humanwell Pharmaceutical Ethiopia, a subsidiary of Wuhan-based Humanwell Healthcare, talked about his achievements over the past few years.

“The pharmaceutical industry is a high-tech industry, and I want to learn advanced pharmaceutical knowledge to produce high-quality drugs urgently needed by Africans,” Lule said. From equipment names to specific uses, from machine buttons to operating procedures, under the guidance of Chinese masters, he learned step-by-step.

In 2019, Lule became the quality department’s instruments head and was appointed as the executive manager of the quality department in 2022, responsible for process management, equipment maintenance, and training new employees.

Meanwhile, 36-year-old Kristian Kumpumaki, a Swedish language specialist at Transn, an internet-based language services provider in Wuhan, said he hopes to bridge the gap of cultural exchange and mutual learning, allowing the world to understand the real China.

In 2008, filled with curiosity and a longing for Chinese culture, he came to China. “I knew some information about China from the internet and news, and I really wanted to see what the real China was like.”

He first took a semester of Chinese language classes at the University of International Business and Economics. After completing his studies, he moved to Shenzhen, Guangdong province, to work and continue studying Chinese.

A Chinese friend once asked him to help translate a Swedish-language document, but he could not accurately translate it into Chinese. He turned to the internet, dictionaries and teachers, trying everything he could, but in the end, he only managed a rough translation.

“That was my first experience with translation, far from achieving ‘faithfulness, expressiveness, elegance’, but it sparked my interest in translation,” Kumpumaki said.

He began to study translation, reading Chinese works and practicing Chinese expressions. Whenever someone asked him to help with translation, he did his best, considering it an opportunity for practice. Gradually, his translation skills improved significantly, and he could translate among Chinese, English and Swedish, even doing part-time translation work at some companies.

While he did translation, Kumpumaki became more fascinated by Chinese culture and decided his career direction: to be the best possible translator. “Many foreigners do not understand the real China. I want to showcase and interpret Chinese wisdom that drives human civilization development, through my translation work, to the world.”

In early 2023, he joined Transn, becoming a full-time translator. Soon after, the company undertook a translation project of a well-known foreign automotive manufacturer, and Kumpumaki independently translated a part of it.

“Translation in the automotive field involves many technical terms, which I was initially unfamiliar with. But my colleagues were very skilled; they taught me to understand the precise meaning of each word and how to translate more accurately,” he said, adding that translating thousands of pages was very challenging, but with the help of his colleagues, he successfully completed the task.

As the BRI continues to advance, the demand for multilingual translation and language services from various countries is increasing. Transn’s overseas business is expanding in areas such as goods trade, service trade and e-commerce.

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SOURCE China Daily

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Innowireless Strengthens Partnership with Autotalks as Strategic Partner for SECTON3 and TEKTON3 Chipsets

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SEONGNAM, South Korea, Dec. 18, 2024 /PRNewswire/ — Innowireless, a global leader in wireless communication solutions, is proud to announce its status as the strategic partner for Autotalks’ state-of-the-art SECTON3 and TEKTON3 chipsets, effective this December. This collaboration highlights the shared vision of both companies to advance innovation and accelerate progress in the rapidly expanding Vehicle-to-Everything (V2X) market.

As an alpha vendor, Innowireless will provide advanced V2X modules powered by Autotalks’ 3rd-generation chipsets. These cutting-edge chipsets are specifically engineered to meet the growing demands of connected mobility, enabling advanced safety applications (Day 2+) and setting the stage for smarter, safer roads. The close development collaboration with Autotalks, will allow Innowireless to lead the development of next-generation V2X modules for the mass market.

This strategic partnership places Innowireless and Autotalks at the forefront of the V2X ecosystem, delivering transformative solutions that address the evolving needs of automotive, e-bike, and smart road infrastructure manufacturers globally.

“We are honored to be the strategic partner for Autotalks’ SECTON3 and TEKTON3 chipsets,” said Youngsu Kwak, CEO of Innowireless. “This partnership positions us at the forefront of V2X innovation, enabling us to deliver advanced solutions that meet the ever-changing demands of connected and autonomous vehicles.”

Ram Shallom, Autotalks’ VP of Business Development and Marketing APAC, commented, “Innowireless’ expertise in wireless communication and their unwavering commitment to excellence make them the perfect strategic partner. Together, we are poised to redefine the V2X landscape with transformative technology and solutions.”

About Innowireless

Innowireless is a leading provider of wireless communication solutions, offering advanced tools to optimize and validate wireless networks. With a steadfast commitment to innovation and quality, Innowireless empowers manufacturers, network operators, and infrastructure providers with reliable solutions that enhance connectivity and efficiency. The company is also expanding its business into the distribution of semiconductors for automotive applications and the development of V2X communication equipment and testing devices. Furthermore, Innowireless has received an FCC waiver for C-V2X deployment, cementing its role as a key player in the V2X ecosystem.

About Autotalks

Autotalks is a pioneering leader in the V2X chipset market, dedicated to improving road safety and mobility through its automotive-qualified chipsets. Designed to perform in diverse and challenging environments, Autotalks’ technology significantly enhances the coordination of vehicles, self-driving cars, and vulnerable road users.

For more information about Innowireless’ V2X solutions and this partnership, please visit www.innowireless.com or contact marketing@innowireless.com.

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SOURCE Innowireless

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Interos Accelerates AI Innovation with New Product Launches and Strategic Company Momentum Ahead of 2025

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Leading AI-powered supply chain solutions, strengthening partnerships, and leadership on the global stage

ARLINGTON, Va., Dec. 18, 2024 /PRNewswire/ — Interos Inc., a global leader in AI-powered supply chain risk intelligence, continues to redefine market leadership with new product launches, strategic partnerships, and participation in global thought leadership forums at the World Economic Forum’s annual meeting.

AI-First Products Transforming Supply Chain Risk Management

As part of its commitment to revolutionizing risk management, Interos is introducing two new AI-powered solutions: Risk Trends and Benchmarking. Together, they represent the first industry-wide solution that delivers advanced insights tailored to each enterprise’s unique supply chain. Furthermore, both Trends and Benchmarking are critical platform attributes to build out predictive intelligence.

These products address critical unanswered questions that traditional risk assessments leave behind. Organizations can now compare supplier risk histories, uncover patterns and vulnerabilities, gain context to industry benchmarks and focus on the biggest risks. These product enhancements reflect Interos’ vision to remain at the forefront of supply chain innovation.

“This represents a major advancement in applying AI for unparalleled visibility and control,” said Ted Krantz, CEO at Interos. “By addressing the unique complexity of global supply chains with next generation AI, we will revolutionize supply chain risk management with the industry’s first predictive analytics platform.”

Risk Trends empowers organizations to visualize 12 months of historical risk data across key risk factors like Cyber, ESG, and Catastrophic risks. With interactive trendlines, daily data refreshes, and 90-day deltas, businesses can anticipate potential disruptions, identify patterns, and act with confidenceIndustry Benchmarking enables companies to evaluate their performance against industry standards, ensuring that resources aren’t misallocated, saving time, resources, and allows organizations to focus on the biggest risks firstAI-Driven Insights: Both Trendlines and Benchmarking are underpinned by Interos’ robust AI infrastructure, which incorporates financial model upgrades and Industry Categories that enhance predictive analytics capabilities. Interos’ award-winning risk intelligence platform continuously monitors 230+ million global entities across 11+ billion relationships in the industry’s largest knowledge graph

Expanding Strategic Partnerships: SAP Ariba Integration

In its commitment to arming organizations with risk intelligence to navigate macroeconomic volatility, Interos deepens its partnership with SAP Ariba, a leading provider of cloud-based procurement solutions. By integrating Interos’ AI-first risk intelligence into SAP Ariba’s procurement workflows, SAP Ariba customers can now access broader supply chain visibility, real-time data and risk-monitoring, and risk-integrated workflows to make better sourcing, onboarding, purchasing, and supplier management decisions.

“With the integration of Interos’ risk intelligence into SAP Ariba Supplier Risk, customers can get even deeper in the risk of the supplier and supply chain, significantly enhancing the capability to navigate risks in real-time across multiple dimensions. This partnership delivers a strategic advantage for our customers, empowering them to make confident, risk-aware decisions throughout the source-to-pay lifecycle,” said Matthew Montgomery, Senior Director – Product Marketing, SAP Intelligent Spend & Business Network.

Thought Leadership on the World Stage

Interos CEO Ted Krantz has been invited to join the World Economic Forum’s Annual Meeting in Davos, Switzerland, in January 2025 to work with the foremost policymakers, CEOs and innovators. This invitation highlights the need for market leaders to come together in shaping global conversations around AI, innovation, and supply chain resilience.

“We’re honored to join the world’s leading innovators at Davos,” continued Krantz. “This is a powerful opportunity to engage in meaningful dialogue about leveraging technology to solve some of the world’s most pressing challenges. This year, supply chains and AI take center stage, and so do we.”

About Interos

Interos is the AI risk intelligence company – building the most trusted and transparent supply chains in the world. Our pioneering discovery and monitoring intelligence spans the lifecycle of supply chain risk, enabling faster and more informed threat mitigation. As the world’s first, and only, automated supplier intelligence platform, we continuously map and monitor extended supply chains at speed and scale to protect organizations from regulatory fines, unethical labor, cyber-attacks, and other systemic vulnerabilities. Interos serves a variety of commercial, government, and public sector customers around the world including a host of Global Fortune 500 companies and from within the members of the Five Eyes nations. For more information, visit www.interos.ai.

Media Contact: Lexi Sydow lsydow@interos.ai

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SOURCE Interos

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Zimmer Biomet Announces Quarterly Dividend for Fourth Quarter of 2024

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WARSAW, Ind., Dec. 18, 2024 /PRNewswire/ — Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global medical technology leader, today announced that its Board of Directors has approved the payment of a quarterly cash dividend to stockholders for the fourth quarter of 2024. The cash dividend of $0.24 per share is payable on or about January 31, 2025 to stockholders of record as of the close of business on December 30, 2024.

About Zimmer Biomet 

Zimmer Biomet is a global medical technology leader with a comprehensive portfolio designed to maximize mobility and improve health. We seamlessly transform the patient experience through our innovative products and suite of integrated digital and robotic technologies that leverage data, data analytics and artificial intelligence. 

With 90+ years of trusted leadership and proven expertise, Zimmer Biomet is positioned to deliver the highest quality solutions to patients and providers. Our legacy continues to come to life today through our progressive culture of evolution and innovation.

For more information about our product portfolio, our operations in 25+ countries and sales in 100+ countries or about joining our team, visit www.zimmerbiomet.com or follow on LinkedIn at www.linkedin.com/company/zimmerbiomet or X / Twitter at www.twitter.com/zimmerbiomet.

Media                                             

Investors

Heather Zoumas-Lubeski

David DeMartino

445-248-0577

646-531-6115

heather.zoumaslubeski@zimmerbiomet.com

david.demartino@zimmerbiomet.com

Zach Weiner

908-591-6955

zach.weiner@zimmerbiomet.com

 

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SOURCE Zimmer Biomet Holdings, Inc.

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