Category: MENA

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TrueCommerce Acquires DiCentral

Acquisition creates the most feature-rich, global, cloud-based, multienterprise supply chain network

PITTSBURGH, Sept. 13, 2021 (GLOBE NEWSWIRE) — TrueCommerce, a leading global cloud provider of supply chain and trading partner connectivity, integration, and omnichannel solutions, announced today that it has acquired DiCentral, a leading global B2B and API solutions provider. This acquisition enables TrueCommerce to fuel the growth of its leading global network, deepen its solutions portfolio, and expand its global geographic footprint.

This acquisition further cements TrueCommerce’s position as a leader in the digital supply chain collaboration and connectivity space. By leveraging the combined company’s expertise in automation, digitalization, and integration, TrueCommerce is uniquely positioned to transform the way its customers do business, with value-added solutions designed to tackle complex supply chain and eCommerce challenges, streamline operations, and increase profitability.

Known for simplifying complex API and EDI business challenges, DiCentral adds 30,000 connections to TrueCommerce’s Global Commerce Network, plus nearly 5,000 customers from a diverse base. The combined TrueCommerce network now expands to 160,000 connections and nearly 18,000 customers. Combining the strengths of both companies creates an unmatched network and innovative solution offering that empowers customers to digitize, expand, and grow their businesses like never before.

“Together, we offer intuitive integrated solutions and connectivity that solve the challenges our customers face in growing their business across an increasingly digitized, global, and complex supply chain,” said John Fay, CEO of TrueCommerce.

The acquisition fuels TrueCommerce’s vision for global growth with expanded services and integrations, including:

  • Expanded cloud-based global supply chain network
  • Increased API connectivity to key 3rd party solutions
  • An enhanced set of integrated SaaS applications and tools
  • Powerful iPaaS capabilities
  • A more extensive supply chain visibility solution
  • Extended geographic footprint
  • A more comprehensive retail drop ship program
  • Tighter integration with cloud-based SMB & enterprise-level ERPs
  • Accelerated deployment and ROI for customers

“I am thrilled to be joining the TrueCommerce leadership team and working alongside John Fay and Todd Johnson to seamlessly bring the two companies together,” said Thuy Mai, CEO of DiCentral. “We see this as a win-win for both TrueCommerce and DiCentral customers. The resulting increase in global network connectivity, commerce solutions, applications, and tools provides an unmatched offering for customers looking to grow their businesses.”

Mr. Mai will become a member of the TrueCommerce executive leadership team, serving as Co-Chief Strategy Officer of TrueCommerce. Todd Johnson will serve as the new CEO of DiCentral in addition to his current role as President and COO of TrueCommerce. John Fay will continue to serve as CEO of the combined company.

“DiCentral’s offerings strengthen our multienterprise commerce network, which already empowers businesses of all sizes to grow both domestically and internationally,” said Todd Johnson, CEO of DiCentral and President and COO of TrueCommerce. “I’m looking forward to working with the DiCentral team and continuing to provide best-in-class solutions and services to our customers.”

Ryan Harper, General Partner at Welsh, Carson, Anderson & Stowe (WCAS), a leading technology-focused private equity firm that recently acquired TrueCommerce, remarked, “We are confident that TrueCommerce is on track to becoming the global leader in supply chain collaboration, connectivity and omnichannel solutions. We continue to support the strategy of combining organic growth with focused, strategic acquisitions that expand the depth and breadth of new and existing segments, geographies, and capability areas.”

WCAS acquired TrueCommerce in November 2020 from Accel-KKR (AKKR). AKKR remains a minority shareholder of TrueCommerce. DiCentral was advised by DC Advisory.

About TrueCommerce
TrueCommerce is the most complete way to connect your business across the supply chain, integrating everything from EDI, to inventory management, to fulfillment, to digital storefronts and marketplaces. We’ve revolutionized supply chain visibility and collaboration by helping organizations make the most of their omnichannel initiatives via business P2P connectivity, order management, collaborative replenishment, intelligent fulfillment, cross-functional analytics, and product information management.

The TrueCommerce Global Commerce Network can connect businesses to over 130,000 retailers, distributors, and logistics service providers. As a fully managed services provider, we also manage new trading partner onboarding, as well as the ongoing management of partner-specific mapping, labeling changes, and communications monitoring. That’s why thousands of companies—ranging from startups to the global Fortune 100, across various industries—rely on us.

TrueCommerce: Do business in every direction
For more information, visit www.truecommerce.com

About DiCentral
Founded in 2000, DiCentral is a leading global provider of business-to-business and application integration solutions, with over two decades of experience solving complex EDI and API challenges. As market conditions continue to fluctuate and technology is deployed to manage process changes, leading organizations rely on DiCentral’s cloud-based integration platform and a global team of specialized experts to integrate and leverage data across multiple cloud and on-premises systems and applications.

Headquartered in Houston, Texas, DiCentral has 11 offices worldwide, supporting customers in more than 35 countries. DiCentral utilizes a vast library of integrations with ERPs and other applications to seamlessly exchange transactional data with trading partners worldwide to maximize ROI while maintaining existing data infrastructure. DiCentral’s services and solutions are leveraged by many Fortune 1000 companies, processing over $200 billion in transactions for over 30,000 organizations worldwide. For more information, visit www.dicentral.com.

About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: technology and healthcare. Since its founding in 1979, the firm’s strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives and strategic acquisitions. The firm has raised and managed funds totaling over $27 billion of committed capital. For more information, please visit www.wcas.com.

About Accel-KKR
Accel-KKR is a technology-focused investment firm with over $10 billion in capital commitments. The firm focuses on software and tech-enabled businesses, well-positioned for topline and bottom-line growth. At the core of Accel-KKR’s investment strategy is a commitment to developing strong partnerships with the management teams of its portfolio companies and a focus on building value alongside management by leveraging the significant resources available through the Accel-KKR network. Accel-KKR focuses on middle-market companies and provides a broad range of capital solutions including buyout capital, minority-growth investments, and credit alternatives. Accel-KKR also invests across a wide range of transaction types including private company recapitalizations, divisional carve-outs and going-private transactions. In 2019 and 2020, Inc. named Accel-KKR to “PE 50 – The Best Private Equity Firms for Entrepreneurs,” its annual list of founder-friendly private equity firms. Accel-KKR is headquartered in Menlo Park with offices in Atlanta and London. Visit www.accel-kkr.com to learn more.

Media Contact

Lisa Aurichio
President, BSYA
(917) 476-8366
Lisa@bsya.com

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CPOPC Holds A Writing Competition on Smallholder’s Topic

JAKARTA, Indonesia, Sept. 13, 2021 /PRNewswire/ — A short story competition with the theme “smallholders and oil palm plantation” is now open for entries.

Council of Palm Oil Producing Countries (CPOPC) holds a story writing competition to engage communities and families living near or within the palm oil plantation in palm oil producing countries. For more info, please visit: https://www.cpopc.org/events/

This competition organized by the Council of Palm Oil Producing Countries (CPOPC) engages the communities and families living near or within the palm oil plantation in Indonesia, Malaysia and other oil palm producing countries.

As more than 40% of the global palm oil production is done by smallholders, the stories should focus on the smallholders’ significant role in the palm oil industry, acknowledging thereby that their lives also face challenges. It is due time that we start recognizing smallholders’ substantial contributions to the palm oil industry in meeting one of the most important elements of the Sustainable Development Goals (SDGs), that is sustainable consumption and production. Through this competition, CPOPC hopes to convey the importance of establishing a global alliance of oil palm smallholders of palm oil producing countries where information sharing and collaboration will continue to take place.

This competition could make people appreciate the important role of smallholders in providing affordable vegetable oil for food and energy.

Winning entries may win up to USD1,000 and a chance to share real-life stories of smallholders’ efforts in managing their plantations and in creating a decent life for their families. CPOPC is offering prizes worth USD7,950 for all winning entries.

Participant may submit their stories of 500 to 750 words in one of these languages: Bahasa Indonesia, Bahasa Malaysia, English, Spanish or French.

The categories are in the following:

  • Decent work, education, and sustainable community
  • Poverty alleviation, zero hunger, health and economic growth
  • Climate action, environment and biodiversity

All the winning stories will be published into a book. The deadline for submission is September 30, 2021. Submissions of short stories can be sent to cpopcstorycompetition@cpopc.org.

For more information on the competition please visit: https://www.cpopc.org/events/

Photo – https://mma.prnewswire.com/media/1612849/CPOPC_Story_Competition_Flyer_English.jpg

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Innova Medical Group Gifts £10m To Launch Global Pandemic Institute In Liverpool

– Liverpool is to headquarter the Pandemic Institute, which will provide the world’s first unique and comprehensive capability to predict, prevent, respond to and recover from Future Pandemics

– Innova has provided the capital required to establish the Institute, alongside support from the Liverpool City Council, The University of Liverpool, Liverpool John Moores University, the Liverpool School of Tropical Medicine and KQ Liverpool.

PASADENA, Calif. and LIVERPOOL, England, Sept. 13, 2021 /PRNewswire/ — Innova Medical Group, a global health innovator and the world’s largest provider of rapid antigen tests, has announced a £10 million donation for the launch of The Pandemic Institute, a global centre of excellence to help the world prevent, prepare, and respond more effectively to future pandemics. The Institute is headquartered in Knowledge Quarter Liverpool (KQ Liverpool).

INNOVA MEDICAL GROUP GIFTS £10M TO LAUNCH GLOBAL PANDEMIC INSTITUTE IN LIVERPOOL

Innova’s donation provides the startup capital required to establish the Institute, alongside support from the Liverpool City Council, The University of Liverpool, Liverpool John Moores University, the Liverpool School of Tropical Medicine, and KQ Liverpool.

The facility will offer world-leading clinical, research, and policy expertise, based in what is soon to be designated one of the world’s healthiest buildings, The Spine. That expertise will be supported by one of Liverpool’s greatest assets – its considerable academic resources – along with global connections and affiliates and public and private sector partners.

Together, the Institute’s partners will translate research results into policy and tangible actions, providing a unique holistic approach and comprehensive end-to-end capabilities across the pandemic lifecycle. The result will allow the world to accelerate global response to future pandemic events, to unify global intelligence and to dramatically increase the impact of pandemic research on the global society.

Innova Medical Group Logo

“The Innova team is passionate about supporting projects that will make a difference and it is clear now that pandemics are one of the biggest threats to the health of the world’s population,” said Daniel Elliott, CEO and President of Innova Medical Group. “It’s a really exciting initiative for us to be supporting the City’s academic and business institutions with an ambition towards end-to-end solutions that can be applied on a global scale. We look forward to working collaboratively with the Institute’s existing and future partners in pursuit of that combined goal.”

“The Pandemic Institute will be a unique centre of excellence which has the potential to help revolutionise how the world responds to future pandemics,” said Professor Matthew Baylis, Director of the Pandemic Institute. “Liverpool is perfectly placed for this exciting initiative and we appreciate Innova’s leadership in establishing the Pandemic Institute and the generous gift to Liverpool.”

ABOUT INNOVA MEDICAL GROUP, INC:

Innova Medical Group is a global health screening and diagnostic innovator driven to dramatically improve health outcomes worldwide with equitable, high-value testing solutions. Our strategic and iterative approach enables us to create, build and deploy a myriad of accessible tests customized to meet and empower the user at their point of need. With a panoramic vision spanning the present to the future, we develop trusted solutions that are both intuitive and secure to use. We quickly and nimbly became the world’s largest provider of Covid-19 tests, and we are determined to execute on this model across infectious disease, other chronic conditions and wellness. For more information, please visit: www.innovamedgroup.com

Photo – https://mma.prnewswire.com/media/1613366/Pandemic_Innova.jpg

Logo –  https://mma.prnewswire.com/media/1494814/Innova_tagline_blue_Logo.jpg

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Adagio Therapeutics Announces Expansion of Patient Population in Global Phase 2/3 Clinical Trial of ADG20 for the Prevention of COVID-19

Independent Data Monitoring Committee Supports Expansion to Adolescents and Pregnant and Nursing Women Based on Safety and Tolerability Data from Phase 2 Lead-In

WALTHAM, Mass., Sept. 10, 2021 (GLOBE NEWSWIRE) — Adagio Therapeutics, Inc., a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential, today announced that the independent data monitoring committee (IDMC) for the EVADE Phase 2/3 trial of ADG20 for the prevention of COVID-19 has provided a recommendation to expand Phase 3 trial enrollment to include adolescents and pregnant or nursing women, as well as to decrease the protocol-specified, post injection monitoring time. The IDMC’s assessments are based on their review of unblinded safety and tolerability data from 200 participants enrolled in the Phase 2 lead-in portion of the trial. Adagio remains blinded to the data and plans to implement the IDMC recommendations for the Phase 3 portion of the trial. EVADE is being conducted globally, including in regions where there is a high prevalence of SARS-CoV-2 variants of concern, to evaluate the ability of a single, intramuscular dose of ADG20 to prevent COVID-19 in both pre- and post-exposure settings.

“Given the urgent need for additional treatment and preventative options for COVID-19, particularly in vulnerable populations, we are pleased that an independent assessment of the safety data from the lead-in portion of EVADE supported inclusion of adolescents and pregnant or nursing women in the next phase of the study,” said Lynn Connolly, M.D., Ph.D., chief medical officer of Adagio. “Based on the potent and broad activity of ADG20 in non-clinical studies, as well as its extended half-life and ease of administration, we believe this antibody has the potential to become a preferred prophylactic option for COVID-19, particularly for vulnerable groups such as children and the immunocompromised, for whom there are currently limited or no available options.”

The EVADE trial is a global, multi-center, double-blind, placebo-controlled clinical trial evaluating ADG20 in two independent cohorts. The first cohort (post-exposure prophylaxis) is designed to assess the safety and efficacy of ADG20 compared to placebo for the prevention of COVID-19 after exposure to an individual with laboratory confirmed SARS-CoV-2 infection. The second cohort (pre-exposure prophylaxis) is designed to assess the efficacy and safety of ADG20 compared to placebo in individuals who are at increased risk for SARS-CoV-2 infection due to occupational, housing or recreational situations, and in individuals who are at increased risk of poor vaccine response, including individuals with compromised immune systems or other co-morbidities. The primary efficacy endpoint in both cohorts is the prevention of laboratory confirmed, symptomatic COVID-19. For more information on the EVADE trial, please visit https://clinicaltrials.gov/ct2/show/NCT04859517.

The clinical development program for ADG20 includes two additional trials: the ongoing Phase 1 clinical trial of ADG20 in healthy volunteers and the ongoing STAMP trial evaluating ADG20 as a treatment for high-risk individuals with mild or moderate COVID-19 (see clinicaltrials.gov).

About ADG20
ADG20, a monoclonal antibody targeting the spike protein of SARS-CoV-2 and related coronaviruses, is being developed for the prevention and treatment of COVID-19, the disease caused by SARS-CoV-2. ADG20 was designed and engineered to possess high potency and broad neutralization against SARS-CoV-2 and additional clade 1 sarbecoviruses, by targeting a highly conserved epitope in the receptor binding domain. ADG20 displays potent neutralizing activity against the original SARS-CoV-2 strain as well as all known variants of concern. ADG20 has the potential to impact viral replication and subsequent disease through multiple mechanisms of action, including direct blocking of viral entry into the host cell (neutralization) and elimination of infected host cells through Fc-mediated innate immune effector activity. ADG20 is formulated at high concentrations, enabling intramuscular administration, and was engineered to have a long half-life, with a goal of providing both rapid and durable protection. Adagio is advancing ADG20 through multiple clinical trials on a global basis.

About Adagio Therapeutics
Adagio is a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of antibody-based solutions for infectious diseases with pandemic potential. The company’s portfolio of antibodies has been optimized using Adimab’s industry-leading antibody engineering capabilities and is designed to provide patients and clinicians with a powerful combination of potency, breadth, durable protection (via half-life extension), manufacturability and affordability. Adagio’s portfolio of SARS-CoV-2 antibodies includes multiple, non-competing broadly neutralizing antibodies with distinct binding epitopes, led by ADG20. Adagio has secured manufacturing capacity for the production of ADG20 with third-party contract manufacturers through the completion of clinical trials and, if approved by regulatory authorities, through initial commercial launch. For more information, please visit www.adagiotx.com.

Contacts:
Media Contact:
Dan Budwick, 1AB
Dan@1abmedia.com

Investor Contact:
Monique Allaire, THRUST Strategic Communications
monique@thrustsc.com


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Sphera Announces Expanded Availability of Environmental, Social and Governance Reporting Solutions

Sphera’s ESG offering supports companies on the path to net zero while reducing operational risk and enhancing brand reputation.

CHICAGO, Sept. 09, 2021 (GLOBE NEWSWIRE) — Sphera®, a global leader in Environmental, Social and Governance (ESG) risk and performance management software, data and consulting services, announces the widespread availability of its integrated ESG solutions. They consist of a comprehensive suite of data, software and consulting services that help customers quickly and effectively elevate their ESG performance and reporting capability.

With this expanded offering, Sphera customers will have better access to data-driven insights to maximize cost-effectiveness, increase the value of their investments in corporate social responsibility efforts, and satisfy both traditional compliance and future sustainability needs. Managing ESG performance reduces exposure to environmental risk, increases revenue and drives organizations into a sustainable future. With growing investor demand for measurable ESG progress, business leaders need to be able to demonstrate their ESG performance with clarity and confidence. Sphera has adapted its technology suite to specifically address this burgeoning market need. Features of Sphera’s integrated ESG solutions include:

  • Industry-based sustainability data to provide reliable data-driven insights—close to 15,000 datasets for more than 20 industries—into a company’s value chain and create a foundation for fact-based improvement and communication of your ESG performance.
  • Connected, scalable software solutions to ensure transparency and increase the efficiency of each stage of a customer’s sustainability and ESG journey.
  • Expert-led ESG guidance from sustainability consultants to bring deep sector and method-specific knowledge into the equation.

Moving toward a net-zero emission target is one of the most important metrics for ESG reporting. However, the assessment, management and reduction of Scope 3 emissions are the most difficult parts to achieve due to the huge amount of information that needs to be collected and analyzed. Sphera’s combination of data, software and expertise helps companies address these strategic decarbonization challenges.

Sphera’s ESG solution also incorporates a number of widely accepted disclosure framework standards, such as the Global Reporting Initiative (GRI).  This flexibility enables companies across industries to efficiently report their sustainability activities in relevant, sector-specific terms.

“Innovation has always been at the heart of Sphera’s mission, and our laser focus on staying ahead of the risk management curve has helped us evolve to become a leading integrated ESG software, data and services organization—at a time when our clients need these services the most,” said Paul Marushka, Sphera’s president and CEO. “Companies with the highest levels of ESG performance see greater returns on their investments, and we believe our comprehensive solutions can help them harness this powerful correlation.”

Sphera has long been at the forefront of innovative sustainability reporting solutions, leveraging its triple-powered approach of Innovation, Information and Insights to help companies improve their ESG performance.​ Verdantix, an independent analyst firm, recently named Sphera as a market leader for environmental compliance, sustainability management and sustainability reporting in its EHS Software Benchmark report. Sphera achieved the highest aggregate score for environmental compliance management and Corporate Sustainability solutions.

“Sphera is one of the few digital solution providers to bring together capabilities for sustainability reporting, ESG risk management and product stewardship. They’ve made meaningful investments in building their ESG reporting capabilities,” added David Metcalfe, CEO of Verdantix. “Their recognition in our EHS Software Benchmark report is a direct reflection of their commitment to leading the way for corporate sustainability excellence.”

To learn more about how Sphera is helping customers in their sustainability journey, read about how the company helped Aptar, a global leader in packaging and drug delivery devices, validate their ESG risks and opportunities according to the TCFD methodology.

Dr. Michele Del Grosso, global program manager of sustainability at Aptar said that, “Sphera’s corporate sustainability and strategy experts provided Aptar with valuable insights into the financial implications of our climate-related risks and opportunities. This enabled us to provide our stakeholders with valid proof of our environmental performance. By integrating the results into CDP reporting, we were able to improve ESG performance and recognition to become a CDP 2020 Climate A-List company.”

For additional information on how Sphera is helping customers meet and exceed ESG performance goals, visit https://sphera.com/begin-your-esg-sustainability-journey/.

About Sphera

Sphera creates a safer, more sustainable and productive world. We are a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services with a focus on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship.

For media enquiries, please contact:

Sphera@AspectusGroup.com

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In First Summit with International Business & Government Leaders, Essential Workers to Discuss Framework for Just COVID-19 Recovery

*Tune into Day 2 of the Summit at 13:00 GMT at essentialforrecovery.org*

London, UK, Sept. 09, 2021 (GLOBE NEWSWIRE) — Wednesday, Sept. 8 marked the opening day of the first-ever global summit of essential workers. Participants from around the world tuned in to a powerful conversation about an economic recovery that prioritizes essential workers, especially women in the informal economy.

“Universal social protections for essential workers are no longer a choice for governments; it is a very necessary move for governments to take,” Lorraine Sibanda, president of StreetNet International, an international alliance of street vendors, told the crowd.

The Essential for Recovery summit, which runs from September 8 through September 10, brings together essential workers from North and South America, Europe, Africa, and Asia with global business and government leaders to discuss a framework for a just economic recovery from the Covid-19 pandemic. The event centers the demands of care workers and the 61% of workers worldwide who labor in the informal economy, including domestic workers, agricultural workers, street vendors, and home-based workers.

“Home-based workers contribute around $300 billion to the economy, but they don’t get any benefit out of it. We are part of supply chains but we are not recognized as contributors to the supply chains,” said Saira Feroze of the Home-Based Women Workers Federation, on Day 1 of the summit.

The first day of the innovative summit brought together diverse voices from across the globe. Martha Chen, a lecturer at Harvard and senior advisor to Women in Informal Employement: Globalizing and Organizing (WIEGO), interviewed Rosheda Muller, president of the South African Informal Traders Alliance, on how street vendors are organizing globally. Legendary South African labor leader Myrtle Witbooi spoke with Maina Kiai, senior official at Human Rights Watch and former United Nations Special Rapporteur. And actor and activist Martin Sheen and actress Yalitza Aparicio made special appearances.

“COVID-19 taught us the importance of all workers in different sectors, recognizing that they deserve decent work and are important in the global economy. Governments know about this issue, but what are they doing about it?” asked Aparicio, who was nominated for an Oscar for her performance in the 2019 movie Roma.

Day 2 of the event on Thursday will focus on the fight against inequality, sexual harassment, and abuse in the workplace. Guests include: Rosa Pavanelli, the General Secretary of Public Services International, interviewing “Mama Union” Rose Omamo, leader of the Kenyan metal workers union; journalist Xanthe Scharff interviewing Mercedes D’Alessandro, feminist economist and Argentine government official; and journalist Reena Ninan interviewing business leader Brid Gould of Sodexo.

About Essential For Recovery:

The Essential for Recovery Summit is led by non-profit labor organizations — including  HomeNet International, International Domestic Workers’ Federation, International Trade Union Confederation, Solidarity Center, StreetNet International, UNI Global Union, and Women in Informal Employment: Globalizing and Organizing — and supported by the Open Society Foundations.

Communications
Open Society Foundations 
(212)-548-0378
media@opensocietyfoundations.org
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Disruptive.Asia finds China’s chip makers leveraging innovation and policy support to hit 14nm maturity

LONDON, Sept. 9, 2021 /PRNewswire/ — Disruptive.Asia finds that China’s quest for self-sufficiency in chipset manufacturing not only giving its 14nm chip-making capability a significant boost towards full maturity, but also positioning the country as a key global partner in the chipset space as the supply chain shifts in favor of the Asia-Pacific region.

According to Cai Yimao, Vice Dean of School of Electronic Engineering and Computer Science Peking University, Chinese companies have overcome many of the technical problems in developing 14nm chips, accelerating China’s 14nm capabilities over the past couple of years. It is expected that China’s 28nm chipset sector is on track for full maturity this year and 14nm chipsets are on track to follow suit by 2022.

Strong policy support and investment are supporting chip makers in China. Cai thinks the promulgation of relevant policies has made it clear that China continues to support the IC industry as a pillar industry. China has attached great importance to the development of the IC industry and continuously strengthens policy support and investment.

Currently, the supply chain shifts towards China and Southeast Asia. It is believed this will also drive domestic R&D of advanced technologies and spur rapid development of local enterprises in China as they accumulate technology expertise and management experience. Also, the gradual completion of the construction of new wafer fabs in mainland China provides new support for the chip industry in terms of reduced costs, expanded production capacity, and geographical convenience. The number and proportion of China’s integrated circuit production lines have continued to increase. More than 20 300mm fab production lines have been put into production, and several are under construction.

Disruptive.Asia agrees that China has already mastered the technology for mass production of 14nm.  Like what Cai has mentioned, China’s domestic 14nm chips will be mass-produced next year, with a better balance of performance, power consumption and cost than ever before.

About Disruptive.Asia

Disruptive.Asia covers the current state of digital disruption in the Asia-Pacific telecoms, fintech and internet sectors – where it’s coming from, what’s driving it, the impact it’s having on each industry, how the key players are responding and what’s next.

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Reimagining ADAS and AD Solutions, Join LeddarTech at Three Major International Events in September 2021

QUEBEC CITY, Sept. 09, 2021 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, is pleased to announce its participation in several digital and in-person events during September in the capacity of both an exhibitor and presenter. These global events will showcase LeddarTech’s comprehensive end-to-end technology platforms, which enable customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility markets. These featured solutions include the LeddarVision™ sensor-fusion and perception platform and the cost-effective, scalable LiDAR development platform based on patented LeddarEngine™ technology.

“The acceleration of autonomous driving depends heavily on the ADAS solutions being developed today,” stated Daniel Aitken, VP of Global Marketing, Communications, and Product Management at LeddarTech. “These upcoming events highlight LeddarTech’s scalable and flexible reimagined approach with LiDAR and sensor-fusion and perception solutions that address individual customer needs,” he continued. “We are especially pleased to have Mike Thoeny, President of the Automotive Business Group at Flex, co-host one of our sessions. We look forward to you joining us for one or all of these events,” Mr. Aitken concluded.

Industry Tech Days – September 13-17 (Digital)

Industry Tech Days brings essential insights in electronics, everything from edge intelligence design to next-generation automotive sensors, delivered LIVE straight from industry experts to your desktop or mobile device.

Join LeddarTech for two presentations:

  • “Sensor-Fusion and Perception Solutions for Key ADAS and AD Applications” (Use Case), featuring Youval Nehmadi, Engineering Director, LeddarTech Sensor Fusion and Perception Platform Research & Development Center, Israel.
  • “Why Flexible Platforms Are Required for Future ADAS/AD Deployments,” by Frantz Saintellemy, LeddarTech’s President and COO, and Mike Thoeny, President of the Automotive Business Group at Flex.

Register for free here.

China International Optoelectronic Conference (CIOE) / MEMS Seminar – September 16-18 (Live in Shenzhen, China)

CIOE is China’s largest optoelectronic industry event, held in the Shenzhen World Convention and Exhibition Center. Mr. Horry Cheng will represent LeddarTech on the panel for “LiDAR and 3D Camera Sensing Technology & Applications,” and LeddarTech will also exhibit at this prestigious event.

Register here.

Automotive LiDAR Conference 2021 – September 21- 23 (Digital Event)

This conference is one of the only events exclusively focused on automotive LiDAR technologies and applications. The conference sessions will present the various approaches in developing a LiDAR system and explain the reasons for choosing one approach over another.

  • Join LeddarTech’s CTO Pierre Olivier on September 21 at 2:00 p.m. EST for his featured presentation “Combining LiDAR, Radar, and Camera: Sensor Fusion Challenges and Solutions.”

Register here.

For a complete list of LeddarTech’s upcoming live and virtual events, please visit leddartech.com/events.

About LeddarTech

LeddarTech is a leader in environmental sensing platforms for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments. With its LeddarVision™ sensor-fusion and perception platform and its cost-effective, scalable, and versatile LiDAR development solution for automotive-grade solid-state LiDARs based on the LeddarEngine™, LeddarTech enables Tier 1-2 automotive system integrators to develop full-stack sensing solutions for autonomy level 1 to 5. These solutions are actively deployed in autonomous shuttles, trucks, buses, delivery vehicles, smart cities/factories, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 100 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications, and Product Management, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
daniel.aitken@leddartech.com

Leddar, LeddarTech, LeddarSteer, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.