Electronic Design Automation

CES 2024: eYs3D's New Edge AI Chips Transforming Computer Vision for Robotics

New AI-dedicated eCV series SoCs with ARM-based CPUs elevate AI capabilities for advanced autonomous robots, smart home, and industrial IoT solutions; launch is key milestones for brand as it embraces "AI+" concept and expands offering LAS VEGAS, Nev. and TAIPEI, Jan. 5, 2024 /PRNewswire/ -- Kno...

2024-01-05 23:00 1535

Hollysys Announces Shareholder Meeting to Vote on Acquisition by Ascendent Capital Partners

-- Board recommends shareholders to vote "FOR" merger agreement for acquisition by Ascendent at$26.50/share BEIJING, Jan. 5, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it will hold an extraordinary general meeting ...

2024-01-05 22:21 1406

Hollysys Announces End of "Go-Shop" Period under Merger Agreement with Ascendent Capital Partners

* Company receives additional offers during "go-shop" period * None of the offers received constitutes or would reasonably be expected to result in a Superior Proposal BEIJING, Dec. 27, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") toda...

2023-12-27 20:00 4394

Etron@CES 2024: The Future of AI-Powered Intelligence, Autonomy, Connectivity & Confidentiality

Electronics brand is driving the future across four themes of cutting-edge technologies The 2024 CES Innovation Award-Winning Product DeCloakVision, a trustable multimodal AI privacy-enhanced surveillance system, distinguishes itself in the field of artificial intelligence LAS VEGAS and TAIPEI...

2023-12-20 23:00 1521

Fresh2 Group Launches Roxe Restaurant Robots, Spearheading Smart Automation in Culinary Services

NEW YORK, Dec. 12, 2023 /PRNewswire/ -- Fresh2 Group Ltd. (NASDAQ: FRES) ("Fresh2" or "the Company"), a company with operations inthe United States and China focused on the business-to-business e-commerce and supply chain sectors for the restaurant supply and food industry, today announces its st...

2023-12-12 22:15 2966

Hollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per Share

* Hollysys Board has unanimously approved Ascendent's all cash offer at 42% premium to the unaffected price as of23 August 2023 * Agreement marks culmination of formal sale process conducted by Special Committee of independent directors BEIJING, Dec. 11, 2023 /PRNewswire/ -- Hollysys Automati...

2023-12-11 22:10 2537

SINBON Electronics Becomes the First in Greater China to Receive NACS Certification

TAIPEI, Dec. 4, 2023 /PRNewswire/ -- SINBON Electronics, a provider of integrated solutions for electronic component design and manufacturing, recently obtained UL certification for its NACS (The North American Charging Standard) AC/DC charging cable. SINBON is the first electronic design service...

2023-12-04 19:33 1146

Twinny and Hankook Engineering Works Join Hands to Expand Autonomous Robot Development Business

DAEJEON, South Korea, Nov. 29, 2023 /PRNewswire/ -- On the 13th of last month, Twinny (CEOCheon Hong-seok and Cheon Young-seok) announced that it has entered into a strategic business agreement with Hankook Engineering Works (CEOMoon Dong -hwan) to advance the development of autonomous robots. The...

2023-11-29 21:00 1455

MicroCloud Hologram Inc. Announced Providing CMS for China's Largest New Energy Vehicle Company

BEIJING, Nov. 28, 2023 /PRNewswire/ -- MicroCloud Hologram Inc. (NASDAQ: HOLO) ("HOLO" or the "Company"), a Hologram Digital Twins Technology provider, today announced that its subsidiary is providing CMS forChina's largest new energy vehicle company. By signing the Generalized Streaming Media Co...

2023-11-28 23:30 1362

Hollysys Update: EGM, Sale Process

 - Hollysys intends to hold special meeting of shareholders in January 2024 - Special Committee continues sale process in expedited manner BEIJING, Nov. 22, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced its intention to h...

2023-11-23 06:00 1343

Hollysys Automation Technologies Reports Unaudited Financial Results for the First Quarter Ended September 30, 2023

First Quarter of Fiscal Year 2024 Financial Highlights * Total revenues were $199.9 million, an increase of 17.6% compared to the comparable prior year period. * Gross margin was 34.6%, compared to 31.1% for the comparable prior year period.Non-GAAP gross margin was 34.8%, compared to 31.3% f...

2023-11-16 06:00 2632

SunCar Technology Group Inc. Releases Version 7.9.0 of its Insurance System

Update to Include Customers of 18 Leading NEV Companies NEW YORK, Nov. 2, 2023 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar", "we", or the "Company") (Nasdaq: SDA), a leading provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation serv...

2023-11-02 20:00 500

WOLFBOX Celebrates 4-Year Anniversary and Launches New Product EV Charger

DALLAS, Nov. 1, 2023 /PRNewswire/ -- WOLFBOX, a leading provider of automotive electronics, is proud to announce its 4-year anniversary onNovember 3. Over the past four years, WOLFBOX has earned a reputation among over 2 million driver customers as a high-quality brand in the automotive electroni...

2023-11-01 23:00 1384

Hollysys Provides Update on Sale Process; Responds to Shareholder Request for Special Meeting

- Board Special Committee receives several indications of interest from financial sponsors and strategic buyers  - Board to confirm plans for special meeting, pending outcome of November 21 court hearing on an injunction application against Ace Lead Profits and its Hollysys shares BEIJING, Oct....

2023-10-30 19:00 1902

Hollysys Provides Update on Ongoing Sale Process and Special Meeting Request; Discloses Offer from Management-Backed Buyer Group

- Proposal on behalf of management team offers U.S. $25 per share - - Sale process continues as Special Committee engages other parties- BEIJING, Oct. 24, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that its special commi...

2023-10-24 21:33 3029

Hollysys Announces Formal Sale Process as Part of Review of Strategic Options

- Forms special committee of independent directors to conduct process - - Will evaluate proposal from bidder group - - Deutsche Bank to solicit additional potential offers on behalf of the Company - BEIJING, Oct. 2, 2023 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hol...

2023-10-02 18:00 4180

Roborock Unveils New Custom Triggers for Routines and Action Controller Support

Global Leader in Ultra-Intelligent Home Robotics Boosts Automation Features With Alexa HONG KONG, Sept. 28, 2023 /PRNewswire/ -- Today, Amazon announced new Alexa developer solutions that will allow Roborock, a global leader in ultra-intelligent home robotics, to onboard domain-specific triggers...

2023-09-28 22:00 1846

Macronix OctaFlash™ Memory Solutions Certified for ISO 26262 ASIL D

High-Performance OctaFlash™ Memory Achieves ISO 26262 ASIL D Certification, Adhering to Industry's Highest Level in Vehicle Safety TAIPEI, Sept. 25, 2023 /PRNewswire/ -- Macronix International Co., Ltd. (TSE: 2337), a leading integrated-device manufacturer in the non-volatile memory (NVM) market...

2023-09-26 00:00 1698

Körber celebrates partnership milestone with Geek+

HAMBURG, Germany, Sept. 20, 2023 /PRNewswire/ -- Global strategic partnership empowers businesses to overcome efficiency, scalability and sustainability challenges across supply chain Körber  and Geek+ , a global leader ...

2023-09-20 18:34 1554

TYAN Adopts New AMD EPYC 8004 Series Processors for Diverse Cloud and Edge Server Deployments

NEWARK, Calif., Sept. 18, 2023 /PRNewswire/ -- TYAN®, an industry-leading server platform design manufacturer and a subsidiary of MiTAC Computing Technology Corporation, today announced availability ofnew single-socket server platforms supporting AMD EPYC™ 8004 Series processors

2023-09-18 21:00 1010
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