PLAID Inc., Raises 2.7 Billion JPY in Funding

TOKYO--(BUSINESS WIRE)--PLAID Inc. (CEO Kenta Kurahashi, hereinafter referred to as “PLAID”), the creator of the CX platform “KARTE” for digital marketers, raised a total of 2.7 billion JPY in funding through private equity placement with existing shareholders, Femto Partners LLP, Eight Roads Ventures Japan, and new underwriters MITSUI & CO., LTD. , MITSUI SUMITOMO INSURANCE Venture Capital Co.,Ltd., SMBC Venture Capital Co., Mizuho Capital Co.,Ltd., Mitsubishi UFJ Capital Co., Ltd. (in random order), in addition to bank loans from banks including Mizuho Bank and Sumitomo Mitsui Banking Corporation.



Up to this date, PLAID had already raised approximately 650 million JPY from Femto Partners LLP and Fidelity Growth Partners Japan. Accumulated total amount of funding since the release of closed beta version of “KARTE” in July 2014 adds up to approximately 3.4 billion JPY.

Since its official launch in March 2015, number of web-sites and companies implementing “KARTE” have continued to increase. Within these three years, it has analyzed an accumulated total of 2.2 billion users, and up to 548 billion JPY of total annual sales for EC clients, which accounts for approximately half of our clients.

In terms of operating revenue, we have successfully achieved monthly surplus in March 2017. KARTE has been organically growing at a rate succeeding the growth index “T2D3”*, an index used mainly at overseas software provider for business through cloud system (so called SaaS). Its growth stands comparison with globally known SaaS services.

* “T2D3” is a short for “triple, triple, double, double, double”, referring to a company’s annualized revenue growth. It is mainly used in overseas start-up business circle and considered as an index for a successful cloud/SaaS service. As a fact Salesforce and Workday (cloud service for human resources) went through a rapid growth that trace this index.

Objectives of Funding

The main objectives of this fund raising are:
1) to begin a full-scale marketing investment
2) to strengthen hiring activity in all profession in association with expansion of business area such as mobile applications
3) to construct a scalable development framework to handle increasing data along with the business spread into non-EC categories (such as real-estate, financial industry)

Furthermore we have already started KARTE implementation to some overseas companies in area such as North America, Taiwan and Singapore, and will accelerate our movements towards full-scale entry into overseas market as well as our investments to R&D projects, “KART3 GARDEN” (KARTE GARDEN) as an example.

Underwriters

- Femto Partners LLP
(5-53-67 Jingumae, Shibuya-ku, Tokyo General Partner: Tetsuya Isozaki)
- Eight Roads Ventures Japan
(7-7-7 Roppongi, Minato-ku, Tokyo Head of Japan: David Milstein)
- MITSUI & CO., LTD.
(1-1-3 Marunouchi, Chiyoda-ku, Tokyo President & CEO: Tatsuo Yasunaga) 
- MITSUI SUMITOMO INSURANCE Venture Capital Co.,Ltd.
(1-2-5 Kyobashi, Chuo-ku, Tokyo President: Hisakazu Ishigami)
- SMBC Venture Capital Co.,Ltd.
(1-3-4 Yaesu, Chuo-ku, Tokyo President: Tatsufumi Ishibashi)
- Mizuho Capital Co.,Ltd.
(1-2-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo President: Hajime Saito)
- Mitsubishi UFJ Capital Co., Ltd.
(1-7-17 Nihonbashi, Chuo-ku, Tokyo President: Muneki Handa)

About KARTE (https://karte.io/)

“KARTE” is a one-stop service that provides a prompt analysis and a real time visualization of web site visitors’ behavioral data on a per-person level, to allow marketers to make appropriate communications with each and one of their customers. The service began in March 2015. With its high extensibility, communication with the customers are not limited to online and can be spread into multiple scenes and channels. It also has the flexibility to integrate with any other existing services allowing different ways to approach each business owner’s marketing needs. KARTE lets you understand your customer deeply from various data and create a better customer experience (CX).


Contacts

If you would like more information about the topic, please email:
PLAID Inc.
Yukiyo Sakurai, +81-3-4405-7597
press@plaid.co.jp

The Bezant Foundation Successfully Holds a Global Meet-up on Blockchain Project in Tokyo

SINGAPORE--(BUSINESS WIRE)--#BZNT--The Bezant Foundation (Representative Director Steve Tay), which provides a Blockchain-based decentralized payment platform, held a meet-up for global investors and developers successfully at the Conrad Hotel Tokyo on April 16.



In the session, Foundation Director Steve Tay, Chief Cryptocurrency Officer Daesik Kim, who is founder and former CEO of Bithumb and Chief Technology Officer Colin Lee, who is the former project lead of Kakao Co.’s payment platform development, presented the current business conditions, technology and roadmap of the Bezant Foundation.

The Bezant platform is based on a Blockchain developed with the Hyperledger Fabric technology to overcome the limitations of existing public Blockchains in such key payment elements as speed and commission fees. The Bezant Foundation plans to utilize the platform in creating a wide array of new services directly as well as through its partners.

“We will create services that can be widely commercialized for individual consumers to benefit from our Blockchain technology. As a way of doing so, we will offer wallet services as a module to corporate customers so that consumers can use Bezant Token (BZNT) for digital contents and e-commerce. Under our plans, consumers will be able to trade BZNT with other users through wallets, and also exchange BZNT with other cryptocurrencies after the token is listed on the cryptocurrency exchanges,” CCO Daesik Kim said.

“In addition to wallet services based on Blockchain platform, we are working on content platform services which will take the form of B2B solution in order to activate paid content markets themselves. Through Blockchain technology, content providers, distributors and consumers can ensure transaction transparency, privacy protection and minimal commission fees even without central control by mediators,” CTO Colin Lee said.

“It is a really big project to develop all of Bezant Blockchain, platforms based on it, and content and payment platforms working therein, including wallet. To make the project a reality, we have secured 20 experienced engineers with superior technical skills,” CTO Colin Lee added.

A presentation on payment back-end solutions which will actualize Bezant Blockchain platform took up a large part of the session. A payment module which can support various local payment methods and also be a gateway for them through an API connection got a lot of attention.

Foundation Director Steve Tay said, “The Bezant Blockchain Project is renovating the ecosystem of digital payment markets. Through Blockchain technology which does not need mediators, we will eliminate inefficiency all the way from content distribution to content payment. We will also try to expand the digital payment markets of emerging countries especially in Southeast Asia by providing partners with B2B payment solutions that will support not only international credit cards but also local payment methods which differ from country to country.”

An official of the Bezant Foundation said, “Through the meet-up, we could be assured again of much interest in and strong support for the Bezant Blockchain Project. To answer high expectations for us, we will announce the schedule of our next global meet-up as soon as possible so that global investors and developers can communicate directly with us.”

Meanwhile, the Bezant Foundation, a venture startup founded in Singapore in 2018, was joined by Daesik Kim, the founder and former CEO of Bithumb, one of the world’s largest cryptocurrency exchanges, as a direct investor and chief cryptocurrency officer who will oversee Bezant’s businesses as well. Bezant has attracted attention in the related industry by recruiting outstanding developers of popular Kakao Pay and Kakao Commerce platforms and competent figures who worked at NHN Entertainment and eBay, etc.

The Bezant Foundation has begun its ICO for BZNT. Pre-sale will begin at 9 a.m. on May 3 and end at 9 a.m. on May 31 in Singapore time.


Contacts

Bezant Foundation
Noah Hwang, +821092664342
Product Manager
noah@bezant.io

CE China 2018: A day full of market insights with the new IFA Retail University, including brands and products!

Huawei joins power-briefing program


SHENZHEN & BERLIN--(BUSINESS WIRE)--On its first day, Thursday, 3 May, CE China, a global IFA event, provides a day full of market insights. Visitors have the opportunity to experience a wide range of presentations at the newly introduced IFA Retail University @ CE China. Executives and experts of international consumer electronics and home appliances brands will give concise 20-minute power-briefings about market trends, technological advancements, and latest products.

IFA Retail University is designed to provide international brands with maximum attention from Asian retailers. Chinese retail giant Suning, partner of CE China, co-initiated the new format, which has been developed to make even better use of the growing demand of especially Chinese middle class for international brand products. Besides Suning, major Chinese retailers Tmall/Alibaba and JD.com are among CE China’s official partners in 2018.

Latest additions to the program have been Huawei and Yamazoki. Kicked off by an analysis and overview over latest markets trends by one of the leading market research companies GfK, IFA Retail University hosts further global brands like Severin, Blaupunkt, Elgato, CASO Design and Fakir.

IFA Retail University @ CE China is free of charge to all trade visitors, CE China exhibitors and press.

About IFA and CE China

As a global IFA event, CE China is a welcome addition to Messe Berlin’s portfolio for the Chinese market.

Based on the IFA concept, CE China focuses on comprehensive cooperation with leading trade groups, strong global industrial partners, and the emotional presentation of innovative branded products. In 2017, 120 exhibitors presented their latest products, innovations, and services to more than 11,500 visitors from 38 countries, covering 15,000 square meters of exhibition space. The range of global brands inspired the more than 140 journalists, 15 percent of which came from abroad.

IFA is the world's most significant trade show for consumer electronics taking place from 31 August to 5 September 2018 in Berlin, Germany.

http://www.cechina-ifa.com/


Contacts

Messe Berlin
IFA PR Manager
Nicole von der Ropp
Tel.: +49 (0)30 / 3038-2217
vonderropp@messe-berlin.de

Empirix Secures a $19M Multi-Year Contract with Tier 1 North American Mobile Operator

Contracted to Deliver a Probing, Mediation and Proactive Analytics Solution


BILLERICA, Mass.--(BUSINESS WIRE)--#CX--Empirix, Inc., the leading provider of service assurance and customer experience management solutions for telecom operators, announced today that it has signed a 3-year contract with a Tier 1 North American telecom operator for $19M USD.

Empirix was selected to improve the quality of performance for their mobile voice, VoWiFi and VoLTE networks, to score and increase customer experience satisfaction, and reduce OpEx related to MTTR. Unlike other industry players, Empirix provides a full end-to-end view of voice service over any radio technology with real time analytics for a proactive and predictive approach to the service.

This partnership allows the telecom operator to troubleshoot and run diagnostics across multiple networks. More importantly, Empirix will provide a centralized mediation platform that enables proactive analytics and Quality of Experience scoring with our recently patented solution. The QoE scoring solution enables early identification of service related trends prior to impacting customers; proactively monitors emergency services and its routing infrastructure; and provides SLA management for International Peering Services.

When asked why Empirix, John D’Anna, CEO for Empirix surmised, "We partner with our clients to deliver value to their customer experience assurance initiatives. Our ability to provide near real time Quality of Experience ultimately separates Empirix from its competition. Specifically, Empirix’s ability to provide full end-to-end visibility and correlation of signaling and media across multiple elements, locations and protocols proves to be a key differentiator."

The software solution, which is comprised of Empirix’s EXMS and IntelliSight solutions, will identify Quality of Experience anomalies and ensure customer satisfaction and operational efficiencies of the provider’s new network by establishing Quality of Service baselines and measuring performance gains.

About Empirix
Empirix is the recognized leader in end-to-end network performance visibility with the unique ability to analyze customer behaviors by application in real time. We help service providers, mobile operators and enterprises optimize business processes to reduce operational costs, maximize customer retention and grow top-line revenue. Through monitoring, analytics and intelligence, Empirix helps companies around the world realize the full value of their technology investments.

For more information, please visit www.empirix.com.

Empirix is a trademark of Empirix, Inc. in the United States and other countries.


Contacts

Empirix
Jennifer Walsh, 978-313-7112
Global Marketing & Communications Manager
jwalsh@empirix.com

Global Digital Health Market – Rising Applications of Business Intelligence Tools to Drive Growth | Technavio

LONDON--(BUSINESS WIRE)--#EnterpriseApplication--Technavio’s latest market research report on the global digital health market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.



According to Technavio analysts, the global digital health market will grow at a CAGR of almost 18% during the forecast period. The increase in the number of M&A activities is a major factor driving the market’s growth.

The global digital health market is anticipated to grow during the forecast period due to the increase in technological innovations and M&A activities. Strategic M&A activities among the vendors support the development of efficient products and increase the profit margin of the service providers. The investments are carried out in the form of either capital outflow to develop new service offerings or the acquisitions of other service providers.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio highlights the rising applications of BI in the healthcare industry as one of the key emerging trends in the global digital health market:

Rising applications of BI in the healthcare industry

The healthcare sector, particularly the hospitals are facing competition owing to the increasing number of hospitals and competitive treatment pricing pressure. Thus, most of the hospitals are adopting ways to increase the speed of their processes and reduce the operation cycle time. Business intelligence (BI) tools provide real-time information, which can help end-users in avoiding process delays and in centralizing the management to improve its market response and decision-making.

“To achieve competitive advantages, the end-users need to transform data into actionable intelligence through constant improvements in customer-facing strategies. BI tools help hospitals and other end-users consistently and efficiently transform raw sales, services, marketing, and patient data into useful information,” says a senior analyst at Technavio for research on enterprise application.

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global digital health market segmentation

This market research report segments the global digital health market into the following applications (wireless health, mobile health, HER, and telehealth) and key regions (the Americas, APAC, and EMEA).

The wireless health segment held the largest market share in 2017, accounting for over 48% of the market. The market share of this segment is expected to increase significantly during the forecast period.

In 2017, the Americas dominated the global digital health market with a revenue share of more than 50%. One of the key reasons for the growth of the Americas is the high adoption of digital health solutions in the US. The US is the largest telehealth consumer in the world.

 

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.


Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Market Analysis Case Study – Infiniti Research Helped a Renowned Thermal Interface Materials Manufacturer to Establish Benchmarks and Measure Progress

LONDON--(BUSINESS WIRE)--#CompetitiveIntelligence--Infiniti Research, a global competitive intelligence solutions provider, has announced the completion of their new market analysis study on the thermal interface materials market. A leading thermal interface material manufacturer wanted to identify the market opportunities by relating it to the organization's strengths and weaknesses.



According to the market analysis experts at Infiniti, “The global thermal interface materials market is anticipated to observe immense growth in the coming years due to the expansion of the automotive and healthcare industries in evolving economies such as India, China, Mexico, South Korea, and Thailand.”

The rising need for the miniaturization of systems and circuit density has resulted in the high demand for thermal interface materials. The demand for such materials is also powered by the mounting awareness of energy-efficient lighting systems such as LEDs and the increasing need for quicker computing systems.

Request a free proposal to see how Infiniti Research’s solutions can help you.

The market analysis solution offered by Infiniti helped the client to evaluate their progress. The client was also able to identify and divide the potential consumer base into various segments.

This market analysis solution provided benefits that helped the client to:

  • Identify the changes that need to be incorporated
  • Meet the market’s need for more profitability
  • To know more, ask an analyst

This market analysis solution provided predictive insights on:

  • Understanding their company’s reputation
  • Implementing changes to improve overall performance
  • To read more, request a free proposal

View the complete market analysis study here:
https://www.infinitiresearch.com/casestudy/market-analysis-thermal-interface-material

About Infiniti Research

Established in 2003, Infiniti Research is a leading market intelligence company providing smart solutions to address your business challenges. Infiniti Research studies markets in more than 100 countries to help analyze competitive activity, see beyond market disruptions, and develop intelligent business strategies.

With 15+ years of experience and offices across three continents, Infiniti Research has been instrumental in providing a complete range of competitive intelligence, strategy, and research services for over 550 companies across the globe.


Contacts

Infiniti Research
Anirban Choudhury
Marketing Consultant
US: +1 844 778 0600
UK: +44 203 893 3400
hello@infinitiresearch.com
https://www.infinitiresearch.com/contact-us

Kulicke & Soffa Receives the 2017 Texas Instruments Supplier Excellence Award

SINGAPORE--(BUSINESS WIRE)--Kulicke & Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa”, “K&S” or the “Company”) announced today that it has received the highest level of recognition, the prestigious 2017 Supplier Excellence Award, from Texas Instruments.


Texas Instruments works with more than 11,000 suppliers worldwide, and Kulicke & Soffa has received this accolade following a rigorous round of evaluation covering K&S’s commitment to ethical behavior, as well as its exceptional performance in areas including productivity, environmental and social responsibilities, technology, responsiveness, assurance of supply and quality.

“We are honored to receive this recognition from Texas Instruments and deeply value the close partnership we have built with them. We will continue to work to deliver innovative and quality solutions to support our broad base of customers now and in the future,” said Hoang Huy Hoang, Kulicke & Soffa’s Senior Vice President of Global Sales, Aftermarket Products & Services Business Unit.

“At TI, our customers depend on us for quality parts to help them innovate and grow, and we share these same rigorous expectations of quality from our suppliers,” said Rob Simpson, Vice President of TI Worldwide Procurement and Logistics. “The Supplier Excellence Award winners have demonstrated an exceptional commitment to delivering the products and services we need at the performance we expect.”

About Kulicke & Soffa

Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor packaging and electronic assembly solutions supporting the global automotive, consumer, communications, computing and industrial segments. As a pioneer in the semiconductor space, K&S has provided customers with market leading packaging solutions for decades. In recent years, K&S has expanded its product offerings through strategic acquisitions and organic development, adding advanced packaging, electronics assembly, wedge bonding and a broader range of expendable tools to its core offerings. Combined with its extensive expertise in process technology and focus on development, K&S is well positioned to help customers meet the challenges of packaging and assembling the next-generation of electronic devices. (www.kns.com)


Contacts

Kulicke & Soffa Industries, Inc.
Marilyn Sim
Public Relations
P: +65-6880-9309
F: +65-6880-9580
msim@kns.com
or
Kulicke & Soffa Industries, Inc.
Joseph Elgindy
Investor Relations & Strategic Initiatives
P: +1-215-784-7500
F: +1-215-784-6180
investor@kns.com

Hyundai Mobis: Autonomous Car ‘M.BILLY’ Ready to Hit the Road around the World

- M.BILLY to undertake a level-3 autonomous driving test in the U.S. this month and in Korea and Germany as well after license approval
- Hyundai Mobis aiming to start the mass production of level-3 system equipped with its originally developed sensors, including radar, camera and lidar by 2022
- Aiming to put over 10 global autonomous driving test cars on the road with 15% or higher increase in the number of autonomous car engineers

SEOUL, South Korea--(BUSINESS WIRE)--#Automotive--Hyundai Mobis (KRX:012330) kicks off testing of its autonomous car M.BILLY on the roads around the world. The company now has three test cars, but will increase the number to over ten by the end of this year and increase engineers in the autonomous driving field more than 15% every year to put a concentrated effort into developing safe autonomous driving technology.



Hyundai Mobis announced that it will test its autonomous car model M.BILLY in Michigan, the U.S., from the middle of this month for level 3 and level 4 autonomous driving system development. Level 3 is conditional automation, which requires driver involvement in certain circumstances, while level 4 means high automation without driver intervention.

M.BILLY is the name of autonomous driving system test car developed by Hyundai Mobis. Its name is taken from the word ‘mobility’ from the technology development vision of Hyundai Mobis, ‘New Mobility Experience’. It is the representation of the company's aspiration to grow into a global automotive supplier committed to developing the core technologies for future vehicles. The test car, which is Kia K5 (Optima), is embedded with an autonomous driving system.

To conduct pilots and test the safety of an autonomous driving test car, the test will first take place on the proving ground (test track) very similar to public roads and real-world driving tests will follow afterwards. In 2016 Hyundai Mobis registered a special license plate (M-plate) for autonomous driving test car from the government of Michigan.

Hyundai Mobis will test M.BILLY in the U.S., Korea and Germany. The company will obtain a test license for autonomous driving in Korea next month, and in Germany in June. Once the license is issued, M.BILLY will undergo the same functionality and safety tests as in the U.S. and take a driving test on public roads in both Korea and Germany.

Thorough preparation is essential in order to ensure compliance with local laws given that each country has their own regulations on testing of autonomous vehicle. Germany adopted a law that sets a legal framework for autonomous driving cars in June and it requires cars with autonomous driving system must be equipped with a black box to record the journey underway.

"We now have a total of three M.BILLYs, one in each region and we will soon have over ten M.BILLYs, which is enough for a large-scale pilot. We aim to mass produce level-3 highly automated driving system equipped with our original sensors by 2022.” Hyundai Mobis ADAS Director Hwang Jae-ho said.

The autonomous driving test car will be equipped with sensors originally developed by Hyundai Mobis. There will be eight different types of sensors including front-view camera (1), radar (5), lidar (1), ultrasonic sensor (12), surround view monitoring (SVM, 4) and total of 25 sensors. At the moment, M.BILLY only has front-view radar developed by Hyundai Mobis but the rest will be installed from the third quarter of this year in line with the development schedule.

Hyundai Mobis focuses on the original development of sensors because the sensor is the key technology for autonomous driving system, acting like the human eye. It sees any person or car cutting in front of autonomous vehicle running on public roads, and quickly and accurately determines what is getting in the way - whether it is a box or rock. In other words, the sensing capability is a critical enabler of safe autonomous driving.

The safety of autonomous driving system is the reason that Hyundai Mobis is taking the driving test to North America and Europe beyond Korea.

The quality of autonomous driving system capable of securing safety of not only driver, but also passenger and other vehicles on the road should be demonstrated in order to ensure that a vehicle equipped with the autonomous driving system provided by Hyundai Mobis is readily marketable, which requires a database of different driving conditions and environments. Data enables the development of technologies essential for safe autonomous driving through the modification and upgrade of old systems, and improvement of sensor accuracy.

Hyundai Mobis plans to increase R&D investment to 10% of auto components sales by 2021 in order to make a more concentrated effort on developing the core technologies for future vehicles. Nearly 50% of all R&D investment will be devoted to the study of ICT, including sensors for autonomous driving. The company has 600 autonomous driving researchers, and their number will increase by over 15% every year.

About Hyundai Mobis

Hyundai Mobis is a global tier-1 automotive supplier. It was established in 1977, and is headquartered in Seoul, Korea. The corporate philosophy is to become a lifetime partner with technologies for automobiles and people.

Hyundai Mobis currently employs over 30,000 people. Manufacturing operations are in over 30 locations in 10 countries, including Korea, China, and the U.S. Products include automotive modules (chassis, cockpit and front-end), brakes, suspensions, airbags, lamps, and automotive electronics. R&D headquarters are in Korea with 4 technical centers worldwide, Germany, China, India, and the U.S.

Hyundai Mobis has mass-produced a great number of ADAS technologies and green car components. For more information, please visit the website (http://en.mobis.co.kr)


Contacts

Hyundai Mobis
Choon Kee Hwang, +82-2-2018-5519
ckhwang@mobis.co.kr

Citrine Informatics Closes $8 Million Convertible Note to Meet International Demand for Materials-Driven AI

SAN FRANCISCO--(BUSINESS WIRE)--Citrine Informatics, the materials data and artificial intelligence (AI) platform, today announced it has received additional capital in the form of an $8 million convertible note from Tencent Holdings, a leading provider of Internet value-added services in China, and B&C Holdings, an Austria-based private-equity firm. The note will help with international expansion and hiring the right talent across data science, engineering and sales to keep pace with high market demand.

Through working with Citrine, the materials science field now has the opportunity to embrace artificial intelligence to accelerate the discovery of new materials that will help us live smarter and safer lives,” said David Wallerstein, Chief eXploration Officer at Tencent. “Citrine’s capabilities will catalyze the discovery of many new mass market materials and help evolve the fundamental building blocks of civilization.”

The product manufacturing process has seen tremendous innovation fueled by automation and advanced analytics, yet the process for developing cutting-edge chemicals and alloys remains largely unchanged. Citrine dramatically reduces the time and cost of this process by providing a data platform of record, as well as artificial intelligence optimized to predict materials behavior. As a result, Citrine’s technology has helped some of the world’s largest organizations, including chemicals and product companies, hit overall R&D milestones in less than 50 percent of the time originally forecasted.

The need to accelerate materials development is global and spans many industries, and this investment allows us to move more quickly into local markets,” said Greg Mulholland, CEO and founder of Citrine Informatics. “We are thrilled to partner for growth with Tencent and B&C Holdings.”

In addition, Citrine today announced a partnership agreement with UL, a global safety consulting and certification company that connects people to safer, more secure and more sustainable products, services, experiences and environments. UL has some of the most important datasets critical for products companies needing to identify the exact chemical raw materials in their development process and is a leader in commercial product data. This data can now be used on the Citrine platform, and the two companies are working together to significantly advance data-driven materials discovery and product development.

UL has been at the forefront of product innovation for over a century,” said Henning Schwinum, Managing Director, Prospector, at UL. “Our cooperation with Citrine allows for an exciting exploration of new business opportunities that address previously insufficiently met market needs.”

Citrine Financial Highlights and Company Momentum

  • Closed its Series A round of funding, led by top investors including Innovation Endeavors, DCVC, XSeed Capital, Prelude Ventures, Morado Ventures, AME Cloud, Ulu Ventures.
  • Grew its bookings 3x year-over-year, working with top companies like Panasonic and Daikin, the global refrigeration company.
  • Expanded its employee base by 4x since 2016, with new offices in Pittsburgh, PA and Chicago, and additional expected to open in Europe and Asia in the coming year.

Citrine Industry Accolades and Awards

  • Won the prestigious 2017 World Materials Forum Startup Challenge in July 2017.
  • Recognized by the World Economic Forum as a Technology Pioneer in 2017 – one of only 30 companies named ‘most promising’ from an innovative technology perspective – for Citrine’s work in accelerating the development of advanced chemicals and materials as well as cutting-edge product development.
  • Featured in 8 scientific journals in the last 12 months, including the journal Nature in September 2017.

About Citrine Informatics

Citrine Informatics accelerates the materials development cycle by combining access to the world’s largest materials dataset as well as a data platform and AI designed by materials scientists. Citrine is backed by leading investors including Tencent Holdings, B&C Holdings, Innovation Endeavors, DCVC (Data Collective), Prelude Ventures, AME Cloud, XSeed Capital, Morado Ventures, and Ulu Ventures. The company is headquartered in Redwood City, CA. Follow us at @Citrine_io.


Contacts

Citrine Informatics
Andrea Fuller
afuller@citrine.io

TSMC Files Annual Report on Form 20-F for 2017

HSINCHU, Taiwan--(BUSINESS WIRE)--TSMC (TWSE: 2330, NYSE: TSM), today filed its 2017 annual report on Form 20-F with the U.S. Securities and Exchange Commission.

The report is available at http://www.tsmc.com/download/ir/secFillings/20F-2017.pdf. Hard copies of the report are also available, free of charge, upon request via http://citibank.ar.wilink.com.

ABOUT TSMC

TSMC is the world’s largest dedicated semiconductor foundry, providing the industry’s leading process technology and foundry’s largest portfolio of process-proven libraries, IPs, design tools and reference flows. The Company’s owned capacity in 2018 is expected to exceed 12 million (12-inch equivalent) wafers, including capacity from three advanced 12-inch GIGAFAB® facilities, four eight-inch fabs, and one six-inch fab, in Taiwan, as well as TSMC’s wholly owned subsidiaries, WaferTech, TSMC China, and TSMC Nanjing. TSMC is the first foundry to provide 7-nanometer production capabilities. Its corporate headquarters are in Hsinchu, Taiwan. For more information about TSMC please visit http://www.tsmc.com.


Contacts

TSMC Spokesperson
Lora Ho
Senior Vice President & Chief Financial Officer
TEL: +886-3-5054602

TSMC Acting Spokesperson
Elizabeth Sun
Senior Director, TSMC Corporate Communications Division
TEL: +886-3-5682085
Email: elizabeth_sun@tsmc.com

For Further Information
Michael Kramer
Project Manager, PR Department
TEL: +886-3-5636688
Ext. 7125031
Email: pdkramer@tsmc.com

Renesas Electronics Delivers Blood Pressure Monitoring Evaluation Kit for Immediate Evaluation

Easy-to-Use Evaluation Kit Combines Hardware and Development Tools for System Manufacturers Developing Blood Pressure Monitor Applications

TOKYO--(BUSINESS WIRE)--Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced an expansion of its healthcare solution lineup with the launch of a new blood pressure monitoring evaluation kit. The new blood pressure monitoring evaluation kit comprises hardware and software elements needed to jump start blood pressure measurement design. The kit includes a pressure sensor, arm cuff, pump, electronically controlled valve, LCD panel, and a reference board that incorporates an RL78 Microcontroller (MCU)-based ASSP (application specific standard product) that includes analog functions required for blood pressure measurement. Reference software and graphical user interface (GUI) development tools are also part of the new evaluation kit. Using the new evaluation kit, system manufacturers can immediately begin their system evaluations and significantly reduce their development time.



The Internet of Things offers consumers connected tools with which to manage their personal healthcare more efficiently. For instance, blood pressure monitors are already popular personal medical devices and the market is expected to grow further as blood pressure monitoring functions are incorporated into wearable devices. The growth of this market offers new business opportunities, but can also be challenging, particularly for system manufacturers who are new to the connected healthcare device ecosystem and may not have the built-in application-specific expertise. Blood pressure measurement requires a specific expertise, including filtering functions for extracting the waveforms required for measurement, making it extremely time consuming to start studying this area from the very beginning.

Renesas has developed the new blood pressure monitoring evaluation kit to alleviate the development pain points, providing functions close to those used in actual blood pressure monitors thus accelerating blood pressure measurement system development.

Key features of the blood pressure monitoring evaluation kit

  • One-stop solution that enables immediate evaluation at the system level
    The new blood pressure monitoring evaluation kit comprises hardware and software elements needed to jump start blood pressure measurement design, including:

    -A full range of hardware components, including a pressure sensor, arm cuff, pump, electronically controlled valve, LCD panel, and a reference board that incorporates the newly-developed RL78/H1D ASSP with the analog functions required for blood pressure measurement.

    -Reference software that provides the algorithms required for blood pressure measurement and that can be easily modified, as well as access to smartphone applications, and a graphical user interface (GUI) tool.

    -A Bluetooth Low Energy (BLE) module, which enables the measured data to be transmitted to a smartphone under the Continua standard blood pressure monitoring (BPM) profile is also provided in the new evaluation kit.
  • Development support with GUI tool, specialized for blood pressure measurement
    -The pressure sensor, pump, electronically controlled valve components, and pulse width modulation control can be set from the GUI tool. If the system structure is the same, the GUI tool can also be used for system evaluation of the actual application the system manufacturer is developing.

    -The IIR digital filter calculations required for extracting the pulse waveform from the cuff pressure output waveform during blood pressure measurement can also be simulated using the GUI tool. The digital filter constants calculated based on this simulation can be written from the GUI tool to the RL78/H1D firmware and verified in the actual application being developed. This significantly reduces the number of steps in the development process.
  • RL78/H1D ASSP with optimized analog functions for healthcare applications
    -The RL78/H1D is a new ASSP of the RL78 Family of MCU. The RL78/H1D is designed to control systems required for blood pressure measurement with a single chip. It incorporates rich analog functions including high-resolution delta sigma A/D converters, programmable gain instrumentation amplifiers, D/A converters, operational amplifiers, and other circuits required for blood pressure measurement, as well as timers for PWM (pulse-width modulation) control.

    -In addition to the delta sigma 24-bit A/D converters, the RL78/H1D also provides 10-bit sequential comparison A/D converters that operate asynchronously. This simplifies implementation of systems providing temperature measurement and battery voltage monitoring while measuring the blood pressure.

    -The Rich analog functions make the new ASSP ideal not only for blood pressure monitoring systems but also for a wide array healthcare application including biosensors.

    -Samples of the RL78/H1D ASSP are available now. Pricing varies depending on the memory capacity, package and number of pins. For example, the R5F11NMG 80-pin LQFP package type with 128 KB flash ROM capacity is priced at US$3.50. The R5F11NMG includes an LCD controller for arm- and wrist-type blood pressure monitors, and a 4mm x 4mm miniature ball grid array (BGA) package for use in wearable devices. (Pricing and availability are subject to change without notice.)

Renesas plans to expand its range of solutions for the healthcare field and will continue to contribute to the realization of a safe and secure smart society, including the development of smart connected devices for the industrial and healthcare industries.

Pricing and availability

The new blood pressure monitoring evaluation kit can be ordered now priced at US$600.00 per unit. (Pricing and availability are subject to change without notice.)

(Note) The blood pressure monitoring evaluation kit cannot be used as medical equipment.

For more information about Renesas, follow Renesas Electronics America at @RenesasAmerica on Twitter and https://www.facebook.com/RenesasAmericas/.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. A global leader in microcontrollers, analog, power and SoC products and integrated platforms, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics, Office Automation and Information Communication Technology applications to help shape a limitless future. Learn more at renesas.com.

(Remarks) All registered trademarks or trademarks are the property of their respective owners.


Contacts

Renesas Electronics Corporation
Jessica Kerr, +408-738-7891
jessica.kerr@porternovelli.com

Silicon Mitus Introduces the First Cost-Effective eMarker IC With Power Delivery PD 3.0 for USB Type-C Cables

The SM5516 eMarker IC enables the smallest, simplest and most economical design in the USB cable market



SEOUL-PANKYO, South Korea--(BUSINESS WIRE)--#ICs--Silicon Mitus, an advanced specialist in PMIC technology, introduced the eMarker for USB Type-C cable, which attains the smallest device size at a mere 1.1 mm x 1.5 mm package.

On top of the successful integration of an ISO diode with the RA resistor and active switch (components usually found outside the device) in a small footprint, what makes the SM5516 truly stand out is that the device supports the latest USB Power Delivery 3.0 standard. This allows for a simpler design of the latest USB Type-C compliant cable combined with a significant reduction in manufacturing costs.

The SM5516 features a wide VDD operation range of 2.7 V to 5.5 V, and the availability of embedded Multi-Time Programmable (MTP) memory brings flexibility to program Vendor Information Data (VID). The SM5516 is a recent addition to the family of Silicon Mitus USB Type-C products already shipping in volumes, affirming the company as a key player in the new USB standard.

“With the addition of the SM5516 to our USB Type-C product portfolio, Silicon Mitus brings further integration and cost-efficiency to USB Type-C cable manufacturers,” said Dr. Youm Huh, CEO. “This will ultimately benefit consumers who will find end products to be far less complex, far less expensive but more powerful than earlier USB technologies. The launch of the SM5516 expresses our long-term plans to develop state-of-the-art devices to meet the evolving standards of the USB marketplace.”

To receive more information, please contact sales@siliconmitus.com. The device is offered in a 6-Bump WLCSP package (DFN package available upon request), and samples are available now to selected Tier 1 customers.

Silicon Mitus, Inc.

Silicon Mitus is a globally recognized provider of high performance ICs for power management needs. We design display, mobile and audio chips to support applications such as smartphones, wearables, IoT, LCD and OLED displays, automotive solutions. Silicon Mitus has a global presence with R&D centers and sales offices in South Korea, the USA, Italy and China. For further information, visit www.siliconmitus.com.


Contacts

Silicon Mitus USA Head Office
Gianfranco Scherini, +1 408-627-4020
gianfranco.scherini@siliconmitus.com
or
Silicon Mitus Asia Head Office
Joey Lee, +82 70-7835-6213
junghoon.lee@siliconmitus.com

Spin Transfer Technologies to Discuss Enhanced STT-MRAM Efficiency Utilizing Precessional Spin Current™ at Intermag

--(BUSINESS WIRE)--#MRAM--Spin Transfer Technologies, Inc.:


WHAT:  

Dr. Mustafa Pinarbasi, CTO and SVP of Magnetics Technology at Spin Transfer Technologies, Inc (STT), will present during the Intermag 2018 Conference. STT is developing universal technologies with the potential to generate performance enhancements that will enable spin-transfer torque (STT)-MRAM to overhaul SRAM and DRAM. Dr. Pinarbasi will report on a significant enhancement of the spin-transfer torque efficiency of perpendicular magnetic tunnel junctions (pMTJ’s) utilizing a novel Precessional Spin Current (PSC™) structure, also known as the Spin Polarizer.

 

STT-MRAM is considered the emerging memory class with the potential to fulfill the needs of modern memory applications. However, current iterations of STT-MRAM face several challenges that prevent them from overtaking Static and Dynamic Random-Access Memory (SRAM and DRAM), including lower efficiency and endurance. In his presentation, Dr. Pinarbasi will explain how the PSC structure for pMTJs provides drastic enhancements for STT-MRAM over a wide range of temperatures and sizes relevant for modern memory applications. Dr. Pinarbasi will also discuss how these improvements position STT-MRAM as an appealing candidate for replacement for SRAM and DRAM for a number of mobile, computing and industrial applications.

 

WHEN:

Friday, April 27, 2018 from 4:15 – 4:30 p.m. UTC+8
 
WHERE:

Marina Bay Sands Convention Center

Orchid IV
Singapore 018956

About Spin Transfer Technologies

Spin Transfer Technologies, Inc. (STT) is developing STT-MRAM technologies that combine patented magnetics technologies, circuits and memory architectures to create the industry’s lowest-cost, highest-performance STT-MRAM memories. STT’s disruptive STT-MRAM solutions are potentially ideal replacements for embedded SRAMs as well as future DRAM devices. The company was established by Allied Minds and New York University. For more information, please visit www.spintransfer.com.


Contacts

The Hoffman Agency
Justin Gillespie, 925-719-1097

Terrada Music Score Launches Digital Music Score Service for the GVIDO Dual-Screen E-Paper Music Score Device in Europe

TOKYO--(BUSINESS WIRE)--On April 12, 2018 Terrada Music Score Co., Ltd. (“Terrada Music Score”) launched its online GVIDO Music Score Store, compatible with its GVIDO dual-screen e-paper music score device (the “digital music score device”), for the European market.



Discussing the GVIDO released in December 2017, Fujio Noguchi, president of Terrada Music Score said, “GVIDO has already received feedback from many musicians and is constantly working to expand its services to meet their expectations through improvements in functionality, through device version updates and through retail sales of digital music scores in cooperation with music score publishers.”
GVIDO has also garnered strong reviews not only for its technical specifications, but for design as well, and on April 9 was named a recipient of Germany’s globally prestigious Red Dot Design Award.

Participating publishers in the European iteration of the GVIDO Music Score Store being launched this time include, in addition to Hal Leonard, Schott Music, AMA and IEU, which will make more digital music scores available for purchase.

"We're happy to add GVIDO to our increasing number of digital distribution channels" said Dr. Peter Hanser-Strecker, President of Schott Music. "It is a wonderful music score device for fans of our catalogue all around the world."

DETLEF KESSLER, President of AMA commented that, “We are looking forward to taking this step into the digital future together with Terrada Music Score. The GVIDO tablet makes it even easier for many musicians to play our music”.

Pricing for the GVIDO is €1,700. The optional GVIDO Foot Switch is €320 and the GVIDO Genuine Leather Case is €320 (Exclusive of VAT)
Please update the software to latest version 1.2.0.

Follow this link for detailed GVIDO specifications: https://www.gvido.tokyo/

Digital music scores purchased in the music score store are stored in the online My Library and can be transferred to the GVIDO digital music score device via wireless LAN. Notes and bookmarks added to the score via the digital music score device can also be stored and shared via My Library. GVIDO will continue to add more publishers providing digital music scores in the Music Score Store moving forward.

*Sharing function is slated for introduction with the mid-2018 software update. Some functions are fee-based.
*Be sure to keep your software updated to the newest version.

Follow the links below to purchase the GVIDO device and access the GVIDO Music Score Service.
https://fr.gvidoscore.com/, https://de.gvidoscore.com/, https://it.gvidoscore.com/,
https://es.gvidoscore.com/, https://uk.gvidoscore.com/.

GVIDO was named as a mark of respect to Guido d’Arezzo, who devised the foundations of musical notation in the early 11th century.

About Terrada Music Score
Terrada Music Score Co., Ltd. is a technology startup established in 2015 and based in Tokyo, Japan. Terrada Music Score is dedicated to providing musicians with the latest innovations in the digital music score market.

About AMA Verlag GmbH
Uhlstraße 19-23, D–50321 Brühl Germany
https://www.ama-verlag.de/index.php/language/en/
For more than 25 years, the publishing house AMA has been producing teaching literature of the highest quality together with world-class musicians. Whether guitar or piano, flute or drums, rock, pop, jazz or classical, beginners or already advanced - with us you will find the suitable textbook for countless instruments, many musical styles and every level!

About Faber Music Ltd
Bloomsbury House
74-77 Great Russell Street UK
London WC1B 3DA
http://www.fabermusic.com/

Faber Music was founded in 1965, as a sister company to the distinguished book publisher Faber & Faber, for the principal purpose of publishing the music of Benjamin Britten. It now enjoys a world-wide reputation as one of the leading independent British publishers of classical, contemporary, educational and media music. Since 2005 Faber Music has moved into Rock & Pop, releasing top selling album songbooks by artists such as Amy Winehouse, Arctic Monkeys, Muse, Radiohead, Kasabian and Robbie Williams.

About IEU(Edition – Impronta UG)
Feldbergstraße 18, D-68163 Mannheim, Germany
http://edition-impronta.com

"Impronta - Edition UG is a young publishing house for contemporary music and arrangements. Our vision is a fair publishing market in which composer, publisher and musician act as partners to regain the cultural and personality-building relevance of contemporary music. We believe that our high quality sheet music, honest teamwork with the composers and our customer-oriented flexibility can shake up the market, free it from outdated structures, and modernise it. The collaboration with GVIDO is one big step towards the future of music performance."

SCHOTT MUSIC GmbH & Co. KG
Weihergarten 5 · 55116 Mainz · Germany
https://en.schott-music.com/
Schott Music is one of the world's leading music publishers with subsidiaries in ten countries. Family-owned since 1770, the company, including its own printing house and the largest music distribution centre in Europe, offers products and services covering all aspects of music. The product range of Schott Music, comprising performance and teaching literature, urtext editions, concert and opera literature, study scores, complete editions, books on music, specialist magazines, audio recordings and multimedia products, influences all areas of musical life. One of the focal points of the publishing programme of Schott Music is the publication of works by contemporary composers of the 20th and 21st centuries. For more information, visitwww.schott-music.com.


Contacts

For Sales and Media Inquiries, contact
TRANSCOSMOS (UK) LIMITED for Terrada Music Score
Marco Bensa
cs-uk@gvidoscore.com

EMQ Partners with Leading Vietnam Bank to Boost Remittance Capabilities across Southeast Asia

HONG KONG & HO CHI MINH CITY, Vietnam--(BUSINESS WIRE)--#HDBank--EMQ, a Fintech innovator with an extensive financial settlement network in Asia, and HDBank, one of Vietnam’s leading commercial banks, today announced a strategic partnership to penetrate into Vietnam. This partnership will support the growing demand for instant remittances across Southeast Asia.


“Remittances from overseas workers constitute a vital part of the economy of many developing nations such as Vietnam, a leading recipient of global remittances and contributes to 7% of the country’s GDP, according to the World Bank,” said Max Liu, Co-founder and CEO of EMQ. “Our partnership with HDBank will boost our capabilities in Vietnam, making financial services more accessible and inclusive for the overseas workers and their families across the country.”

As one of the top 10 joint stock commercial banks in Vietnam, HDBank has built strong financial capabilities to offer a wide variety of financial services across its 240 branches/banking units in the country. The partnership leverages EMQ's financial settlement network across Asia, which will significantly enhance HDBank’s ability to deliver accessible and convenient remittance services for the people of Vietnam.

Mr. Liu added, “This is an exciting milestone for EMQ as we continue our strategic expansion across Southeast Asia and deliver innovative value-added financial services in the region. We are very pleased to expand our relationship with HDBank and to further support the financial inclusion initiatives in Vietnam.”

EMQ currently has footprint in Hong Kong, India, Indonesia, Vietnam and the Philippines, with plans underway to expand across other key business markets first in Asia and then globally, covering North America, Europe and the Middle East. The company received its Money Service Operator license from the Hong Kong Customs and Excise Department in September 2014 and its Fund Transfer Operator license from Bank Indonesia in March 2017.

About EMQ
EMQ is a financial settlement network in Asia, providing secure and affordable money transfer options for businesses and individuals. With our assets anchored in Asia, EMQ has established an extensive and regulatory-approved network that provides immediate access to thousands of distribution points across North and Southeast Asiaý. For more information, please visit EMQ’s website at www.emq.com

About HDBank
HDBank is one of the first Joint Stock commercial Banks in Vietnam and is currently among the top private commercial banks in the country which has been operating for more than 28 years in Vietnam. HDBank has built strong financial capabilities and up-to-date technologies, offering a wide variety of financial services to retail customers, corporations and investors. As of 31 December 2017, HDBank has 240 branches and transaction offices, more than 11,000 points of sale and over 4.8mm customer base. In the international market, HDBank has set up correspondent relationship with about 400 foreign banks and their branches in many countries and territories.


Contacts

For More Information:
EMQ
Genevieve Li, +852 9200 3892
Genevieve@emq.com