The theme for this year’s Black History Month is Black Health and Wellness. With Black History And Medicine AR experience, ROSE and 8th Wall created an AR timeline about this facet of US history.

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The post Senate Approves Bill seeking to legalize cryptocurrencies in Brazil appeared first on CryptoSlate.

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SIA Group issued this financial report: Significant growth in passenger numbers as vaccinated travel lanes unlock pent- up demand for air travel during year-end holiday season   Record cargo revenues driven by robust demand and tight capacity which support loads and yields   Operating cash surplus achieved for the first nine months of FY2021/22  […]

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SAN JOSE, CA, Feb 25, 2022 - (ACN Newswire) - Robin.io, the world's leading provider of Cloud Native Platform for Service Providers is participating at the world's most influential event, Mobile World Congress - Barcelona, 2022. At MWC #2022, Robin.io and industry-leading partners aim to demonstrate to customers live use cases and future-ready stack on the new capabilities of 5G and Edge.

Communication Service Providers (CSPs) and Mobile Network Operators (MNOs) are facing huge 5G investment decisions over the next few years. Robin Cloud-native, flexible Kubernetes platform offers greater choice and agility to accelerate new connectivity and service options. Robin.io is already helping operators provide the 5G/MEC service promise with unmatched lifecycle simplicity, performance, scale, and advanced workload placement.

Mobile network operators (MNOs) are building their 5G network infrastructure with a new emphasis on cost effective performance. Robin.io is able to quickly bring their platform to deployment and also support 5G vRAN by using Intel Smart Edge – a cloud native based software platform that incorporates advanced Kubernetes networking for Telco deployment, real-time optimizations, 5G acceleration in FPGA or eASIC form factor, orchestration support, advanced observability, and also supports ORAN RIC use cases. Robin.io, as a Titanium level partner at Intel Network Builders Winners' Circle, has incorporated Intel Smart Edge Open technology in our platform, running Cloud-Native Open RAN and Edge in production today. Robin.io will showcase 5G, ORAN & Edge use cases and demos, running on 3rd Gen Intel Xeon Scalable processors, at MWC.

Partha Seetela, CEO Robin.io, said, "Operators and Enterprises alike are embarking on a path to modernization and containerization of the 5G services including Open Radio Access Networks (O-RAN), Mobile Edge Computing (MEC) and Packet Core. Robin.io will accelerate these transformations and modernizations. We are excited to collaborate with our ecosystem of partner companies to automate service delivery of integrated Network services and solutions. We are showcasing these solutions with our partners at MWC #2022."

Book your meeting here - https://www.robin.io/mwc-2022/

"The alliance with Robin.io enables us to provide CSPs with a differentiated cloud-native services portfolio. Multi-cloud orchestration, metal to service orchestration and management, and network function orchestration and management with a faster go-to-market approach are key to success," said Rajiv Papneja, Head of Cloud & Network Services at Prodapt.

Robin.io has also partnered with industry-leading technology companies including QCT, Lekha Wireless, Blue Arcus, Kloudspot and 6wind that drive innovation across the enterprise and Telco markets. The collaboration aims to build a seamless automated cloud-native platform that brings a new level of automation and efficiency reducing infrastructure and operation costs and minimizing deployment time which boost the time-to-market of diverse 5G services and applications.

Mike Yang, President of QCT, said, "By partnering with Robin.io, we are modernizing 5G solutions and giving our mutual customers improved performance. This partnership significantly reduces the development time for Systems Integrators, CSPs and other strategic alliances by enabling a smooth path to integration and orchestration, which eases the cost and operational effort needed for productization."

Ramu Srinivasaiah, CoFounder & Director of Lekha Wireless, said, "This collaboration enables us to deliver a turnkey solution to the private enterprise market. As we embark on this journey to integrate the network elements with Robin.io along with Blue Arcus, I see it is a unique partnership that can deliver a much-needed disaggregated 5G network to the market."

Naren Yanamadala, CEO & Founder of Blue Arcus, commented, "We are excited about our partnership with Robin.io as this is an important milestone achieved as part of the collaboration initiated to address the 5G enterprise use cases."

Blue Arcus offers a cloud-native 5G core, providing a reliable, scalable, and distributed autonomous network solution that helps mobile network operators and system integrators build their solutions to deploy IoT, Private/Enterprise Networks, MEC networks.

Mehran Hadipour, Vice President of Business Development and Tech Alliances, said, "Intelligent infrastructure and automation technologies is key consideration as the industry prepare to deploy 5G and Edge services along with Open Radio Access Networks (O-RAN), Robin.io working with our partners will enable the industry and operators to deliver a significant number of new services with increased speed and lower latency and reduced cost with strict Quality of Service (QoS). Robin.io, along with partners, will bring cloud agility to deploy 4G and 5G RAN (DU, CU, Radio Controller), AMF, UPF, etc., on COTS hardware. Our joint solution brings centralized orchestration and automates deployment in minutes while allowing scaling to a million nodes and automating lifecycle management tasks."

Harnessing data-driven digital solutions for CSPs, Ravi Akireddy – Founder & CEO, Kloudspot said, "Kloudspot is a cloud-agnostic Location and Situational Awareness and Location Analytics platform that rides on the Network edge infrastructure. Using AI and ML, Kloudspot will provide experiential insights and report into a lifestyle, workspace, health and safety, asset and infrastructure utilization for customers."

Julien Dahan, CEO, 6WIND stated, "Our collaboration with Robin.io gives CSPs and Cloud Providers the option to deploy our Cloud-Native Virtual Service Router (VSR) solutions on Robin's platform. 6WIND provides cloud-native VSR network solutions that deliver the performance and scalability needed by CSPs to fully unleash their agility and flexibility in defining innovative edge and core services, fully automated and dynamically adapted to evolving requirements. We are excited to partner with Robin.io, as we are able to jointly address CSPs and deliver best-of-breed solutions, including among others, a virtual security Gateway (vSecGW), a virtual Provider Edge Router (vPE), a virtual CG-NAT router (vCG-NAT), a virtual Cell Site Router (vCSR), that accelerate the 5G and Edge deployments".

Robin.io embraces Cloud-Native technology standard deployments for 5G with significant economic and operational benefits for the operators.

At #MWC 2022, book your meeting here - https://www.robin.io/mwc-2022/

About Robin.io : Robin.io

Robin.io, the 5G and application automation platform company, delivers products that automate the deployment, scaling and life cycle management of data- and network-intensive applications and for 5G service chains across the edge, core and RAN. The Robin platform is used globally by companies including BNP Paribas, Palo Alto Networks, Rakuten Mobile, SAP, Sabre and USA. Robin.io is headquartered in Silicon Valley, California. More at http://www.robin.io and Twitter: @robin4K8S

For more information, contact: press@robin.io

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

About Prodapt: https://www.prodapt.com/en/

Prodapt has a singular focus on the Connectedness vertical. Prodapt's customers range from telecom operators, digital / multi-service providers (D/MSPs), technology and digital platform companies in the business of connectedness. Prodapt builds, integrates, and operates solutions enabling next-generation technologies and innovations. Prodapt works with global leaders including AT&T, Verizon, Lumen, Adtran, Vodafone, Liberty Global, Windstream, Virgin Media, Rogers, Deutsche Telekom among many others. Prodapt's customers today help more than a billion people, and five billion devices stay connected. Prodapt has offices in North America, Europe, Latam, India, and Africa. It is part of the 120-year-old business conglomerate, The Jhaver Group, which employs over 22,000 people across 64+ locations globally.

About QCT: http://www.QCT.io

QCT is a global provider of data center products, including servers, storage and networking equipment as well as configuration and support services. The company targets midsize and large enterprise data center customers, service providers and governments who want the engineering excellence of a global manufacturer of integrated data center solutions, but do not require the scale and resources of a full-service original design manufacturer. Each product in the QCT lineup is specifically engineered for a different function in the data center. This eliminates the need for over-engineering and excessive feature sets that often plague conventional equipment with unnecessary cost and complexity. As a result, QCT products measurably outperform conventional designs in energy consumption, cooling efficiency, acquisition cost (CAPEX) and operational expense (OPEX). Based in San Jose California, QCT LLC is a subsidiary of Fortune Global 500 Company, Quanta Computer Inc.

About Lekha Wireless: http://www.lekhawireless.com

Lekha Wireless Solutions Pvt. Ltd. is a Bengaluru based deep tech company in wireless telecom and defence communication. Started in the year 2010, we are a team of 200+ Engineers, with leadership team comprising of telecom experts with over 2 decades of experience in end-to-end product development and deployment. We are OEM for Telecom RAN infrastructure products, SDR Products and we License Protocol Software Stacks for 4G and 5G. We have filed/received multiple patents in 4G, 5G and Industrial communication technologies.

About Blue Arcus : https://www.bluearcus.com

Blue Arcus is a global end-to-end 4G/5G mobile network software provider, delivering telecom solutions that are 3GPP compliant and built on an open and distributed architecture.

With many live deployments across Pacific, Asia, Middle East and Africa, we have been helping MNOs enhance customer experience by providing cost-effective, fast, and reliable voice and data services. The SMART Compact network edge of core makes it suitable for providing high speed, secure and low-latency services.

About Kloudspot: https://www.kloudspot.com

Pioneering the future of work transformation, Kloudspot embraces hybrid work options, enabling employees to determine their optimal space to think, collaborate and create. The future of work will be fluid: physical, digital, or an immersive virtual blend of both. Using sophisticated IoT data management, machine learning, and AI, Kloudspot understands the intersection of space, time, and action so that businesses can anticipate and deliver inspiring spaces for employees and customers anytime, anywhere. Headquartered at Sunnyvale, California, customers use Kloudspot hybrid work management solutions to successfully enable connected in-person and virtual on-and-off premise work while helping to assure health and safety as their offices have re-opened.

About 6WIND: http://www.6wind.com

6WIND is a virtualized networking software company and the worldwide market leader for Virtual Service Router solutions. 6WIND software is deployed globally by Service Providers, Cloud Providers, Enterprises, Systems Integrators, and Tier-1 OEMs, allowing customers to replace expensive hardware with software and virtualization for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris, France and in Santa Clara, California.

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

The IEM Katowice group stage continues with day 2, featuring the group of death with Maru, Clem, Reynor, Scarlett, Zoun, and ByuN, and Group C with Trap, Zest, HeroMarine, Bunny, Lambo, and Astrea.

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Our weekly fintech round-up for you to get the latest funding news.

HONG KONG, Feb 25, 2022 - (ACN Newswire) - Pentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its financial results for the year ended 31 December 2021 today. The Group hit a new record in its 2021 revenue, registering at MYR508.1 million, whilst its net profit stood at MYR116.7 million for the financial year ended 2021; marking an improvement of approximately 21.4% and 2.5% respectively from the corresponding period last year.
The overall performance of the Group recovered commendably in 2021, with growth driven by improved contributions from both the ATE and FAS business segments with each segment accounting for approximately 70.1% and 29.9% of the total Group's revenue, as compared to 2020 of 67.6% and 32.4%, respectively.

ATE segment

With a revenue contribution rate of 70.1%, the ATE segment continued to contribute the larger portion of the Group's overall revenue and profit. After witnessing a decline in revenue last year, total revenue from this segment marked a turnaround and grew at a double-digit rate of 22.6% to MYR358.4 million. During the year, backed by the recovery of the smartphone market and its peripheral items. the electro-optical industry continued to dominate the ATE segment with its revenue contribution rate of approximately 49.7%, derived from abroad
the product portfolio of the Group in its test solutions for the proximity sensor, 3D magnetometer sensor, ambient light sensor, wafer-level VCSEL (Vertical-Cavity Surface-Emitting Laser) and other relevant applications under optics and photonics sensing solutions.

Owing to the Group's persistent effort in increasing its exposure to the automotive industry, revenue from this sector came in as the second-highest within the ATE segment with its contribution rate of 27.6%. In addition, the automotive sector chalked the highest growth rate at 39.9% among other industry sectors within the ATE segment. This strong demand was largely attributed to the Group's automotive test solutions covering a full range of assembly and test technologies for various aspects of the manufacturing process ranging from the component test, final test to packaging. During the year, the ATE segment was also benefitted from the semiconductor industry with its revenue contribution rate of 20.0%, where this sector captured a 26.8% growth as compared to 2020 from the continuous demand for the Group's test handling equipment which was underpinned by the growth of integrated chips and other related semiconductor contents from the acceleration of digital transformation by the pandemic over the past two years.

The ATE segment will continue to dominate the performance of the Group in the foreseeable future. With the global pandemic unleashing the unprecedented wave of technology developments coupled with the power and momentum of technology convergence, the Group is in a promising position to leverage on these significant opportunities in the ATE segment.

FAS segment

After recording a strong revenue growth in the year 2020, the FAS segment continued to witness a double-digit growth rate in its contribution to the Group's revenue, chalking 12.3% growth to achieve MYR155.3 million during the year. This was mainly driven by the robust demand for the Group's proprietary i-ARMS solutions, where a wider customer base adopted this application across different industry segments in different countries and regions. Notably, this segment gained its revenue momentum in the third and fourth quarters of the year, with revenue in the second half of the year exceeding its first half by approximately 19.5%. The main industry segment that led to FAS growth was the consumer and industrial product segment, contributing approximately 45.4% to overall FAS segment revenue. This was followed by the electro-optical segment and medical device segment with its respective revenue contribution rate of 30.4% and 19.3% where the application of the Group's i-ARMS was equally prevalent in
these segments.

The Group continues to witness huge potential and opportunities in its FAS segment given the fundamental shift towards factory automation and smart manufacturing across various industries, especially in a post-pandemic environment. With the current automation trend, the Group will continue to broaden and enrich the capability of its automated solutions to capture the growth from these developments in the years ahead.

Outlook

"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change."

The COVID-19 pandemic has dramatically and fundamentally altered the way we live and work. From social distancing, quarantine, closed borders, travel bans to the buzzword "home office" have never been mandated on such a large scale. The Group, however, navigated the "unsettling" effects of the pandemic and ended the financial year relatively "healed". Such accomplishment has demonstrated the Group's resilience in taking on the undeniable challenges that demand new ways of operating in a post-pandemic business environment and its versatility and speed in emerging strongly owing to the hard work and concerted efforts of the employees of the Group.

As the saying goes, every cloud has a silver lining. The pandemic has pushed many companies over the technology tipping point and with the surge in automation, digital adoption has taken a quantum leap across many companies and industries. As a result of these developments, the Group embraces 2022 with increased optimism on the back of a strong order book momentum largely driven by another high growth potential year surrounded by several catalysts brought about by AI, big data analytics, IoT, self-driving cars, Industry 4.0 and the deepening application of 5G. With the electro-optical segment currently dominating the Group's financial performance, this segment will continue its growth momentum in 2022, albeit modestly, given the Group's growing exposure to other industry segments. In respect of the automotive segment, the Group expects to witness the continuous affluence of this segment with e-mobility emerging at an accelerated pace. With electrification playing an important role in the transformation of the transportation industry and thereby presenting major opportunities in all vehicle segments, the global transition specifically towards electric vehicles ("EV") continues to get momentum and creates major disruption in the automotive industry and the related nexus. Significant efforts are witnessed through regulators worldwide defining more stringent emissions t argets which include, among others, the European Union CO2 emissions regulations for cars and vans, China's New Energy Vehicles (NEV) mandate and Biden's administration is introducing a 50% EV target by 2030. Given this context, the Group anticipates a favorable prospect for its automotive test solutions from front-end to back-end which will continue to provide an impetus to the Group's overall performance.

In the belief that there is so much room and business opportunity for further expansion and that now is the best time to be planning for the future, the upcoming new manufacturing plant will pave the way for the Group to deepen its foothold in the medical device segment and bring the growth of its FAS segment to the next level. Key technologies that have been used widely in industrial manufacturing are seen to be filtering into the healthcare sector and with AI conquering the next frontier of the medical segment, the automation opportunity within this horizon is now abundant. With these technology developments presented, the Group is heartened to witness the growing demand for its automated assembly solutions from a broader customer base within the medical device segment on the back of an encouraging booking momentum. Together with the setup of Pentamaster MediQ Sdn. Bhd. for its involvement in the manufacturing of single-use medical devices, the Group is fully prepared for the huge market opportunities in the medical industry. Having continuously witnessed revenue growth from the FAS segment in the past two years, the Group continues to benefit from the increased focus of various industries on industrial automation which is now rapidly necessitated by the effects of the pandemic. As the surge in automation continues in the coming years with the use of AI and IoT in the manufacturing processes, the huge potential and opportunities in the FAS segment will be prevalent. Girded by a year of relatively stable financial performance in 2021, the Group will continue to focus fundamentally on its operational capabilities and remain proactive in the development of new cutting-edge technologies and solutions. With a wide variety of challenges and opportunities confronting 2022, the Group, having the pulse on the global trends and requirements, is forward-looking in building another year of solid business growth. As it is, the virus is here to stay for a period of time and will be a reality in our daily lives. The Group's priority is to ensure the safety of its employees with its strict adherence to the necessary safety measures and operating procedures.

About Pentamaster International Limited

PIL (HKEX stock code: 1665) is a leading global supplier in providing automation technology and solutions to multinational manufacturers mainly in the semiconductor, automotive, electrical & electronics, medical devices and consumer industrial products sectors spanning APAC, North America and Europe. The Group's broad range of integrated automation products and solutions entails innovating, designing, manufacturing and installing automated equipment and/or automated manufacturing solutions.

To learn more about PIL, please visit us at www.pentamaster.com.my.

For media enquiries, please contact:

Email: investor.relation@pentamaster.com.my


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comPentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its financial results for the year ended 31 December 2021 today.

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