KIOXIA HONORED BY FMS WITH LIFETIME ACHIEVEMENT AWARD FOR 3D NAND FLASH INVENTION

Company’s Development Team Recognized for Creation of Groundbreaking BiCS FLASH 3D Flash Memory Technology


TOKYO, July 25 (Bernama-BUSINESS WIRE) -- Kioxia Corporation, the inventor of NAND flash memory, is the recipient of the FMS: the Future of Memory and Storage Lifetime Achievement Award for 2024. The Kioxia engineering team, consisting of Hideaki Aochi, Ryota Katsumata, Masaru Kito, Masaru Kido, and Hiroyasu Tanaka, will accept this prestigious award for its pioneering work in developing and commercializing 3D flash memory. This breakthrough technology has become fundamental to a wide range of computing applications – including advanced smartphones, PCs, SSDs, data centers, AI, and industrial.

Kioxia presented the concept of BiCS FLASH^TM 3D flash memory technology at the VLSI Symposium in 2007. After announcing the prototype, Kioxia continued development to optimize the technology for mass production, eventually introducing the world’s first 256 gigabit (Gb), 48-layer 3D flash memory in 2015.

"Kioxia’s innovation in 3D flash memory has revolutionized data storage, transforming it from a mere advancement of existing technologies into a groundbreaking solution that meets the demands of modern computing," said Chuck Sobey, FMS General Chair. "We are delighted to showcase this important contribution and look forward to seeing what the future holds."

With a 3D stacked structure that boosts capacity and performance, BiCS FLASH 3D flash memory has been a transformational force in the storage industry. The technology has enabled higher density storage solutions while maintaining reliability and efficiency, significantly enhancing the capabilities of data centers, consumer electronics, and mobile devices – and setting a new standard for flash memory technology. By leveraging vertical stacking, Kioxia’s BiCS FLASH technology addressed the limitations of planar NAND flash, paving the way for future developments in memory storage solutions - and reinforcing Kioxia Corporation as an industry leader.

"Kioxia’s technical innovation in 3D flash memory cannot be overstated,” said Atsushi Inoue, vice president and technology executive for Kioxia Corporation’s Memory Division. “Our technology has created a new paradigm in the industry, enabling flash memory to vastly increase storage density per cell, die and package. I am excited to see our achievements recognized and look forward to witnessing their continued influence in the years to come."

"My fellow Kioxia engineers are an inspiration not only for their technological accomplishments but also for their commitment to advancing the field through continuous innovation and support for the technologists around them,” said Ryota Katsumata, senior fellow of the Advanced Memory Development Center for Kioxia Corporation. “Our contributions have not only made a reverberating impact, but have also fostered a spirit of innovation and collaboration within the community. It is wonderful to see this leadership and vision be acknowledged.”

This 3D flash memory technology has also been recognized with the Imperial Invention Prize from the 2020 National Commendation for Invention in Japan and received the 2023 Award for Science and Technology from The Commendation for Science and Technology by Japan’s Ministry of Education, Culture, Sports, Science and Technology and the 2021 IEEE Andrew S. Grove Award.

Notes:

Company names, product names and service names may be trademarks of third-party companies.

About Kioxia

Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with memory by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive and data centers.

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Contact

Kota Yamaji
Public Relations
Kioxia Corporation
+81-3-6478-2319
kioxia-hd-pr@kioxia.com

Source : Kioxia Corporation

MILLIMAN STUDY: INCREASE IN EMBEDDED VALUE AND VALUE OF NEW BUSINESS ACROSS MOST ASIAN MARKETS IN 2023

MUMBAI, July 23 (Bernama-BUSINESS WIRE) -- Milliman, a premier global consulting and actuarial firm, today released its annual 2023 embedded value results: Asia report which includes 2023 embedded value (EV) and value of new business (VNB) results disclosed by major multinational and domestic life insurers across Asia Pacific. The report also analyses and discusses the EV methodologies and assumptions used, and the impact of changes to key regulations in the region.

“An overall increase in EV and VNB across the region in 2023 reflects the bounce back of many economies,” said Milliman Principal and Consulting Actuary Heerak Basu. “With the easing of Covid restrictions and the return of Mainland Chinese visitors, Hong Kong’s VNB more than doubled, while India, Japan and Taiwan showed double-digit EV growth in 2023.”

A complimentary copy of the report is available for download here: 2023 embedded value results: Asia (milliman.com)

A few key insights include:

• The majority of insurers in Asia reported EV growth in 2023, with increases ranging from 1% to 24.1%.
• In line with global trends, bond yields decreased during 2023 in most of the Asian markets, which led Chinese insurers to decrease their investment return and discount rate assumptions for 2023, with mixed responses in other markets.
• VNB experienced an overall growth of 9.9% in the Asia region, with double digit growth in Indonesia and Thailand and 102.8% growth in Hong Kong.
• The implementation of IFRS 17 from 1 January 2023 in certain markets has impacted EV reporting. Some European MNCs have shifted towards IFRS 17 and no longer report EV results for their Asian subsidiaries.

About Milliman

Milliman is among the world's largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe including multiple offices in Asia & the Middle East. For further information, visit milliman.com

View source version on businesswire.com: 
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Contact

Charles Carneiro
Marketing & PR
Milliman, Inc.
Tel: +65 90175746
charles.carneiro@milliman.com

Source : Milliman

AV Access Showcases Revolutionary eShare W80 Wireless Conferencing System At InfoComm Asia 2024

 

KUALA LUMPUR, July 18 (Bernama) -- AV Access, a professional audio visual (Pro AV) and AV over Internet Protocol (IP) solutions provider has unveiled the highly anticipated eShare W80 wireless conferencing system at InfoComm Asia 2024, in Bangkok, Thailand.

AV Access also showcased its latest lineup of cutting-edge products such as iDock series KVM switch docking stations, and the 4K HDMI over IP solution during the event which was deemed one of the region's most prominent technology exhibitions, taking place from July 17 to 19.

According to a statement, this diverse range of solutions underscores AV Access's commitment to delivering advanced audiovisual technology for various applications.

"The eShare series has demonstrated our commitment to providing innovative and user-friendly solutions for consumers all over the world. It can be an ideal Clickshare alternative in wireless presentation and conferencing.

"The eShare D20 USB-C dongle is an extraordinary Bring Your Own Meeting (BYOM) device. Remarkably, you can also wirelessly control USB 3.0 peripherals using the dongle's conferencing button once they are connected to the eShare W80," said AV Access Chief Technology Officer, Bill Liao.

The eShare W80 wireless conferencing system revolutionises content sharing in meetings, allowing users to effortlessly project their computer screens onto larger displays using an HDMI connection or wirelessly via AirPlay, Miracast, or the eShare D20 dongle.

Unlike Barco Clickshare, the eShare W80 is a true plug-and-play solution, eliminating the need for software or drivers and ensuring a seamless user experience from start to finish.

Furthermore, eShare W80 can work with AV Access BizEye series webcams and AnyCo series video bars/speakerphones, or third-party USB 3.0 devices from other brands, which ensures businesses could leverage their existing AV investments while enhancing their meeting capabilities with the latest technology.

Equipped with dual HDMI input and output ports, the eShare W80 wireless conferencing system simplifies connections to room personal computers or laptops and supports simultaneous display on two screens, which is particularly advantageous for maintaining clear visibility of remote colleagues while presenting.

Additionally, the multiview display mode allows users to compare and analyse two pieces of content side by side, enhancing collaborative discussions.

-- BERNAMA

XSOLLA EXPANDS GAME REACH, BOOSTS SALES VIA LOCALISED PAYMENT CHANNELS IN ASIA

KUALA LUMPUR, July 18 (Bernama) -- Global video game commerce company Xsolla, has announced the further expansion of its payment solution across Southeast Asia, East Asia, and Pacific markets.

The entry into markets unlocks new territories and optimises existing payment channels for the most important region for gaming worldwide, representing 46 per cent of global game revenues.

This expansion aims to help developers monetise and distribute their games globally while building a credible local presence in Asia.

With this expansion, game developers can reach over 76 million gamers across these markets and increase conversion rates through localised payment interfaces and local processing.

“We are unlocking access to five new payment channels across four booming Southeast Asia, East Asia, and Pacific markets, providing game developers with the tools to reach more gamers, improve conversion rates, and increase revenue.

“These markets are growing faster than the global average, with an annual growth rate of 9.47 per cent compared to the global rate of 8.76 per cent,” said Xsolla President, David Stelzer in a statement.

Xsolla extends its payment solution by integrating Maya, PayNow, WeChat Pay HK, JazzCash, and Easypaisa for video game developers and gamers in the Philippines, Singapore, Hong Kong, and Pakistan.

Maya is the Philippines’ fastest-growing digital bank and the top-rated consumer finance app on Google Play Store and Apple Store, whereas PayNow in Singapore is a real-time payment channel that offers universal accessibility through its broad network of banks, stringent security measures, and enhanced payment connectivity for more than five million users.

Meanwhile, JazzCash and Easypaisa are Pakistan's number one digital apps, serving more than 18 million and 15 million users annually, respectively. WeChat Pay HK is a convenient mobile payment channel embraced by more than one million online and offline merchants in Hong Kong and beyond, offering its services to five million residents.

For game publishers, large or small, looking forward to international growth, particularly within Southeast Asia, East Asia, and Pacific regions, Xsolla’s latest move offers them an invaluable resource, that is access not only to advanced technology and local payment solutions but also to deep market insights which come from working closely with local industry experts.

-- BERNAMA

MGA Entertainment Completes Merger With Zapf Creation AG

KUALA LUMPUR, July 16 (Bernama) -- MGA Entertainment Inc (MGA) has completed the merger with Zapf Creation AG (Zapf), Europe’s top nurturing dolls manufacturer, which was first announced in October last year, creating the new wholly-owned subsidiary, MGA Zapf Creation GmbH.

“After more than 20 years working closely as two separate companies, Zapf Creation has joined the MGA family and we welcome them as a part of MGA.

“We look forward to growing both businesses and bringing smiles to children throughout Europe, the United States and the rest of the world as one company,” said MGA Founder and Chief Executive Officer, Isaac Larian in a statement.

The companies will work toward consolidating the businesses, taking advantage of opportunities like unifying their approach with retail partners globally.

No significant organisational or operational changes are expected now or in the near future in Germany post-merger, whereby Thomas Eichhorn will remain as MGA Zapf Creation GmbH President.

Headquartered in Los Angeles with offices globally, MGA is one of the largest privately held toy and entertainment companies in the world, known for its commitment to creativity, quality, and innovation.

-- BERNAMA

NX BANGLADESH CONDUCTS TREE-PLANTING EFFORT AT ELEMENTARY SCHOOL

TOKYO, July 16, 2024 /Kyodo JBN/ --

Nippon Express Bangladesh Ltd. (hereinafter "NX Bangladesh"), a group company of NIPPON EXPRESS HOLDINGS, INC., carried out a tree-planting project at Jantrail Government Primary School No. 127 in Nawabganj Upazila, Dhaka District on Monday, June 10.
 
NX Logo: https://kyodonewsprwire.jp/img/202407083274-O3-I47D09UH
 
Group photo of participants: https://cdn.kyodonewsprwire.jp/
prwfile/release/M103866/202407083274/_prw_PI1fl_wLhm5jh6.jpg
 
Tree planting: https://cdn.kyodonewsprwire.jp/prwfile/release/
M103866/202407083274/_prw_PI2fl_f8qv8ukg.jpg
 
Bangladesh has been plagued by increasingly serious environmental problems such as air and water pollution due to industrialization as well as by global warming issues. In view of these circumstances, NX Bangladesh brought 250 saplings to Jantrail Government Primary School No. 127 in Nawabganj Upazila, Dhaka District, for the plantation as part of its corporate social responsibility (CSR) activities. Four NX Bangladesh employees and 215 students and teachers participated in this activity, and planted 40 saplings in the schoolyard, with the remaining 210 saplings distributed to the students to be planted at their own homes. The hopes underlying this initiative are that students will become more aware of the importance of environmental protection and that the trees planted will help protect the local ecosystem and improve the environment. Going forward, NX Bangladesh will be pursuing other such CSR activities for a better life of the people of Bangladesh.
 
The NX Group will continue fulfilling its social development responsibilities by connecting people, companies and communities, and actively engaging in global environmental conservation activities to achieve sustainable societies.
 
About the NX Group:
https://kyodonewsprwire.jp/attach/202407083274-O1-r7kU565M.pdf
 
NX Group official website: https://www.nipponexpress.com/
 
NX Group's official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/
 
 
Source: NIPPON EXPRESS HOLDINGS, INC.  

http://mrem.bernama.com/viewsm.php?idm=48987

CSOP HUATAI-PINEBRIDGE CSI 300 ETF TO LIST ON HONG KONG STOCK EXCHANGE

KUALA LUMPUR, July 15 (Bernama) -- CSOP Asset Management Limited, an exchange-traded fund (ETF) issuer in Hong Kong is set to list CSOP Huatai-PineBridge CSI 300 ETF (3133.HK) on the Hong Kong Stock Exchange on July 16.

In seeking to achieve its investment objective, 3133.HK will invest at least 90 per cent of its net asset value (NAV) in the Huatai-PineBridge CSI 300 Exchange-traded Open-end Index Securities Investment Fund (Master ETF) via the Qualified Foreign Investor (QFI) status granted to the manager and/or the Shanghai-Hong Kong Stock Connect.

According to a statement, with a listing price of approximately HKD 7.8 per unit, board lot of 100 units, 3133.HK has received an initial investment of 51.1 million Chinese yuan. (100 Chinese yuan = RM64.32)

“As a widely recognised fund management company, we are delighted to offer Hong Kong investors the opportunity to invest in top-quality assets in China. CSOP Huatai-PineBridge CSI 300 ETF, which tracks the world's largest CSI 300 ETF, is the optimal solution for investing in China A-share.

“CSOP is dedicated to continuous innovation and remains committed to providing our clients with valuable and distinctive ETF products,” said CSOP Asset Management Chief Executive Officer, Ding Chen.

At the beginning of 2024, a slew of foreign financial institutions are bullish on the Chinese stock market and have upgraded their ratings, while the northbound fund flows have been positive for three months in a row since February, hitting a new record high in April, indicating strong overseas investment interest in A-share.

The CSI 300 Index (Index) serves as a benchmark for China's A-share stock market, tracking 300 largest and most liquid companies in China's A-share stock market to comprehensively reflect overall market performance.

The median return on equity (ROE) range of the Index has consistently exceeded 10 per cent over an extended period. Currently, the Index constituents are well-balanced across cyclical industries, technology, large financials, and consumer sectors.

-- BERNAMA