Electronic Design Automation
Hollysys Automation Technologies Reports Unaudited Financial Results for the Second Quarter and the First Half Year Ended December 31, 2023
First Half of Fiscal Year 2024 Financial Highlights * Total revenues were $423.6 million, an increase of 2.1% compared to the comparable prior year period. * Gross margin was 31.9%, compared to 36.1% for the comparable prior year period.Non-GAAP gross margin was 32.1%, compared to 36.3% for t...
2024-03-08 06:00
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Flyability launches revolutionary UTM payload for Elios 3 drone in Asia Pacific
SINGAPORE, March 7, 2024 /PRNewswire/ -- Flyability, the market leader in confined space drones, launched its revolutionary Ultrasonic Thickness Measurement (UTM) payload for the Elios 3 drone at its headquarters in Paudex, Switzerland. Developed in partnership with Cygnus Instruments, a leading ...
2024-03-07 10:00
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Monport Laser Announces Spring Sale with Exciting Offers and Freebies
LOS ANGELES, March 4, 2024 /PRNewswire/ -- Monport Laser now is announcing its Spring Sale, offering customers a chance to win exciting prizes, receive freebies, and access premium resources. The sale marks the perfect opportunity for hobbyists, entrepreneurs, and small businesses to elevate thei...
2024-03-04 22:25
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PolyU launches Research Centre for Electric Vehicles advancing smart electric vehicle research to achieve carbon neutrality goals
HONG KONG, Feb. 28, 2024 /PRNewswire/ -- The Hong Kong Polytechnic University (PolyU) hosted the "Launch Ceremony of Research Centre for Electric Vehicles cum Forum on Intelligent EV and Energy for Carbon Neutrality" on campus on 26 Feb, in the presence of approximately 350 staff and students, to...
2024-02-28 11:30
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Lotus Technology Celebrates Public Listing on Nasdaq
NEW YORK and SINGAPORE, Feb. 23, 2024 /PRNewswire/ -- Lotus Technology Inc. ("Lotus Tech" or the "Company"), a leading global luxury electric vehicle maker, rang today's opening bell at the Nasdaq stock exchange inNew York City in celebration of its public listing. The Company's American deposita...
2024-02-24 06:00
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U Power Limited Enters into a Memorandum of Understanding with Durapower Holdings Pte Ltd.
SHANGHAI, Feb. 23, 2024 /PRNewswire/ -- U Power Limited (Nasdaq: UCAR) (the "Company" or "U Power"), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider inChina, today announced that it has entered into a Memorandum of Understanding (t...
2024-02-23 18:00
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FIC AR HUD: Innovative Technology Elevating the Driving Experience to New Heights
TAIPEI, Feb. 22, 2024 /PRNewswire/ -- Driven by advances in technology, the automotive industry is witnessing a revolutionary innovation: Augmented Reality Head-Up Display (AR HUD). This technology has been transforming the driving experience, providing unprecedented convenience and safety for dr...
2024-02-22 21:30
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XTX Markets announces launch of new machine learning division 'XTY Labs' headed by Dr. Atlas Wang
LONDON, Feb. 22, 2024 /PRNewswire/ -- XTX Markets, a leading algorithmic trading company, is excited to announce the launch of XTY Labs, a new machine learning division to be headed by newly appointed Research Director, Dr. Atlas Wang. XTY Labs is set to become a hub for elite machine learning r...
2024-02-22 20:05
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M31 Promotes Advanced SoC Development and Innovation at Intel Foundry’s Direct Connect Event
HSINCHU, Feb. 22, 2024 /PRNewswire/ -- M31 Technology Corporation (M31), a member of the Intel Foundry Services (IFS) Accelerator IP Alliance, today showcased M31's advanced process IP R&D capabilities at Intel Foundry's inaugural Direct Connect event. With the trend towards the use of more sophis...
2024-02-22 18:36
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Optimizing Group Resources: AcBel, Kinpo, and ChargePoint Jointly Target the Charging Station Market
TAIPEI, Feb. 20, 2024 /PRNewswire/ -- AcBel Polytech Inc. ("AcBel") (TWSE: 6282), a leading power supply manufacturer under Kinpo Group, announced today (20) a significant collaboration with ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), ...
2024-02-20 18:44
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Hyundai Motor Welcomes Fitch Ratings' Upgrade to A-
SEOUL, South Korea, Feb. 16, 2024 /PRNewswire/ -- Hyundai Motor Company today welcomed Fitch Ratings' (Fitch) upgrade of the company's Long-Term Issuer Default Ratings (IDRs) and senior unsecured ratings to A- with a stable outlook from a previous rating of BBB+. The rating upgrade reflects the ...
2024-02-16 17:24
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LDRA Launches Innovative 'Domain-Specific Productivity Packages'
LDRA Streamlines Industry Compliance with Tailored Productivity Packages — Pioneering Custom Solutions for Efficient Software Verification and Validation TAIPEI, Feb. 13, 2024 /PRNewswire/ -- LDRA, the leading provider of automated code analysis and software testing solutions, proudly announces t...
2024-02-13 11:30
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Regent Taipei Embraces Winnow's AI Food Waste System: Paving the Way for Sustainable Dining Benchmarks
TAIPEI, Feb. 5, 2024 /PRNewswire/ -- Regent Taipei is actively pursuing its corporate sustainability goals with the launch of the "2024 Sustainable Dining Table" project. The hotel kicked off the initiative in the first quarter of 2024 by introducing the Winnow AI Food Waste System at its revenue...
2024-02-09 15:12
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Hollysys Announces Shareholder Approval of Merger Agreement with Ascendent
BEIJING, Feb. 8, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that, at an extraordinary general meeting of shareholders ("EGM") held today, the Company's shareholders voted in favor of, among other things, the proposal to ...
2024-02-08 18:52
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EV Startup, River, raises $40 Million in an oversubscribed Series B round; deal led by Yamaha Motor Co., Ltd.
BENGALURU, India, Feb. 8, 2024 /PRNewswire/ -- River, a Bengaluru-based startup building multi-utility electric scooters, has announced a$40 million (335 INR Crores) Series B led by Yamaha Motor Co., Ltd. The round also saw participation from existing investors Al-Futtaim Group, Lowercarbon Capit...
2024-02-08 17:27
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Universal Robots reports strong end to 2023
ODENSE, Denmark, Feb. 2, 2024 /PRNewswire/ -- Universal Robots
2024-02-02 22:06
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Newgen Recognized in the Gartner® Market Guide for Commercial Loan Origination Solutions 2023 Report
The market guide can help CIOs at banks evaluate commercial lending solutions on the basis of their customizable features, workflow capabilities, APIs, and functions, among other things. NOIDA, India, Feb. 1, 2024 /PRNewswire/ -- Newgen, a global provider of a unified low-code platform for end-t...
2024-02-01 20:49
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Hollysys Recommends Shareholders Vote FOR Ascendent Transaction to Secure Compelling Value
Updated proxy to detail recent engagement with Dazheng BEIJING, Jan. 31, 2024 /PRNewswire/ -- The Board of Directors of Hollysys Automation Technologies Ltd. ("Hollysys" or the "Company") today issued a letter to shareholders reiterating its support for the proposed acquisition of the Company b...
2024-01-31 22:15
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Hollysys Reiterates Strong Support for Ascendent Deal; Provides Update on Engagement with Dazheng
- Special Committee concluded Dazheng proposal was not superior after rigorous negotiations - Dazheng was unable to provide sufficient assurances around equity financing and last-minute introduction of yet another new member after multiple changes in its consortium composition raised further que...
2024-01-30 09:00
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Allseated enters a new era as Prismm and launches a new innovative technology platform
The company rebrands and bolsters its first-of-its-kind portfolio of 3D spatial design and event planning under the all-new Prismm Platform SAN FRANCISCO, Jan. 22, 2024 /PRNewswire/ -- Allseated, a SaaS (Software as a Service) spatial design technology, has announced its new company identity, P...
2024-01-22 22:00
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