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HONOR Magic6 to Feature On-device LLM Powered by Snapdragon 8 Gen 3 Mobile Platform

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HONOR Reaffirms Commitment to Open Collaboration at Snapdragon Summit 2023

MAUI, Hawaii, Oct. 25, 2023 /PRNewswire/ — Global technology brand HONOR today announced that its upcoming HONOR Magic6 will be powered by the revolutionary Snapdragon® 8 Gen 3 Mobile Platform and showcased the power of on-device large language model (LLM) with a parameter size of seven billion, as revealed at the Snapdragon Summit 2023 in Hawaii. The collaboration between HONOR and Qualcomm Technologies leverages the expertise of both companies to support on-device LLM and create a human-centric ecosystem that enables seamless smart interactions across multiple devices. At the event, HONOR also showcased several enhanced MagicRing connectivity features to highlight the collaborative efforts between the two companies.

“At HONOR, we are dedicated to pushing the boundaries of innovation and creating a more intelligent and intuitive user experience,” said George Zhao, CEO of HONOR Device Co. Ltd. “We are committed to harnessing the power of AI to transform the way people interact with technology, making it more seamless, personalized, and impactful in their lives, with zero compromise on user privacy. We are thrilled to collaborate with Qualcomm Technologies, who share our vision to strive for human-centric excellence. We will continue to drive innovation forward, working with partners in open collaboration to shape a future where AI empowers and enriches the lives of individuals around the world.”

“We are excited to work with HONOR to drive technological advancements with cutting-edge technologies,” commented Alex Katouzian, Senior Vice President and General Manager, Mobile, Compute and XR Devices, Qualcomm Technologies, Inc.

“We look forward to working with HONOR more closely to revolutionize the way people live, work, and connect, creating transformative experiences that will open up new possibilities in the ever-evolving world of AI.”

Different from cloud LLMs, which are trained with publicly-accessible datasets, HONOR’s on-device LLM draws from its understanding of the device’s user to provide personalized services according to their preferences. To develop an on-device LLM that can be utilized for the benefit of everyday consumers, HONOR and Qualcomm Technologies worked together with a focus on three key areas: performance, efficiency and user privacy. The joint efforts resulted in optimizations that allow the mobile platform to take advantage of the LLM effectively without drawing an outsized amount of power, as well as data protection that ensures data remains safe and secure on the device.

Featuring the Snapdragon 8 Gen 3 Mobile Platform, the HONOR Magic6 will be powered by an on-device LLM with seven billion parameters to usher in a new era of generative AI. Illustrating the potential of its AI capabilities, HONOR also showcased an AI video creation demo during its presentation. By providing command prompts to the on-device smart voice assistant YOYO, users can easily create short videos featuring photos and footage stored on their devices. Templates, themes and music of the generated videos can also be customized with additional prompts for personalized results.

At Snapdragon Summit 2023, HONOR also demonstrated an eye-tracking based multimodal interaction called Magic Capsule, as well as three key features of MagicRing: Connected Camera, Connected Input and multi-device screen sharing.  Leveraging the latest Snapdragon Seamless technology, MagicRing allows for a greater variety of data to be seamlessly exchanged between devices while being stabler and more power efficient than ever.

Moving forward, HONOR will remain open to collaborating with global partners as it continues to cultivate an ecosystem of on-device AI technology, while contributing to the wider industry with human-centric innovation for an intelligent future.

About HONOR

HONOR is a leading global provider of smart devices. It is dedicated to becoming a global iconic technology brand and creating a new intelligent world for everyone through its powerful products and services. With an unwavering focus on R&D, it is committed to developing technology that empowers people around the globe to go beyond, giving them the freedom to achieve and do more. Offering a range of high-quality smartphones, tablets, laptops and wearables to suit every budget, HONOR’s portfolio of innovative, premium and reliable products enable people to become a better version of themselves.

For more information, please visit HONOR online at www.hihonor.com or email newsroom@hihonor.com

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Simpaisa and Tencent Cloud Collaborate on Strategic Cloud Transformation to Accelerate Infrastructure Optimization and Innovation

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ISLAMABAD, Sept. 3, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a strategic collaboration with Simpaisa, a fintech and digital payments company, to explore a large-scale cloud transformation aimed at optimizing infrastructure efficiency while supporting the operational, security and regulatory requirements of financial services applications.

Through the collaboration, Simpaisa is working with Tencent Cloud to assess a future-ready cloud environment spanning its broader fintech technology ecosystem and supporting infrastructure. The initiative is designed to support the company’s long-term objective of improving infrastructure efficiency while maintaining the resilience, governance and reliability standards essential to its operations.

Driving Infrastructure Optimization and Cloud Transformation

As Simpaisa’s business and technology footprint continues to expand, optimizing cloud infrastructure costs while maintaining the performance, reliability and security required for mission-critical fintech operations has become an increasingly important strategic priority. At the same time, the company must continue to safeguard sensitive financial and transaction data while meeting evolving operational and regulatory obligations.

To support these objectives, Simpaisa is working with Tencent Cloud to validate a target cloud architecture that can support its evolving operational and technology requirements. Leveraging Tencent Cloud’s financial-grade infrastructure, integrated security capabilities, and technical expertise, the collaboration enables Simpaisa to assess a modern operating model designed to support future growth, operational resilience, and long-term innovation.

As part of the collaboration, Tencent Cloud is providing cloud infrastructure expertise, migration support, and architectural guidance to help validate the proposed target environment. The assessment spans compute workloads, Kubernetes-based applications, databases, messaging infrastructure, monitoring services, and security capabilities, including a proposed environment of more than 50 compute instances, over 50 Kubernetes pods, and multiple database technologies supporting Simpaisa’s broader fintech platform.

The initiative also evaluates cloud-native security controls, enabling Simpaisa to assess security, compliance, and operational requirements alongside technical and business objectives. This approach helps ensure infrastructure optimization goals can be pursued without compromising security posture or regulatory obligations.

Rachel Xie, General Manager of Tencent Cloud MENA, Operations, Channel Development and Marketing of Tencent Cloud International, said: “As digital payments and financial services continue to evolve, fintech companies are increasingly looking for technology platforms that can support growth, operational efficiency, security, and regulatory obligations simultaneously. We are pleased to collaborate with Simpaisa as it explores its cloud transformation journey. By leveraging Tencent Cloud’s infrastructure capabilities, financial-grade technology foundation and security expertise, we look forward to supporting Simpaisa in building a scalable and resilient technology environment that can support innovation and long-term growth in the digital financial services sector.”

Saqlain Raza, Chief Technology Officer of Simpaisa, said: “We are pleased to collaborate with Tencent Cloud on this strategic cloud transformation initiative. Tencent Cloud’s financial-grade technology foundation, cloud infrastructure capabilities and security expertise provide us with a strong platform to evaluate new opportunities for infrastructure optimization, modernization and innovation. Through this collaboration, we look forward to strengthening our technology foundation and supporting the continued growth of our fintech business.”

Beyond supporting Simpaisa’s cloud transformation journey, the collaboration reflects the growing importance of cloud modernization across the fintech sector as organizations seek to optimize infrastructure efficiency while maintaining high standards of security, reliability and compliance. Tencent Cloud remains committed to supporting fintech companies with cloud technologies, security capabilities, and industry expertise that enable digital transformation, operational excellence and sustainable growth.

Simpaisa Expands Market Presence in Saudi Arabia

The collaboration comes as Simpaisa continues to expand its market presence across key growth markets. Most recently, Simpaisa has expanded into Saudi Arabia through the incorporation of Simpaisa Arabia, a local entity established to offer the same suite of digital payment services to businesses and financial institutions in the Saudi market.

The Saudi Arabia expansion represents an important step in Simpaisa’s broader regional growth strategy, extending its market presence and enabling the company to bring its payment collection and payout capabilities to customers in another key market in the region.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation. 

About Simpaisa

At the crossroads of innovation and impact, Simpaisa pioneers secure, disruptive, and innovative technology infrastructure, amplifying financial inclusivity. They specialize in digital payments services, streamlining the collection of payments and distribution of payouts for our clients. By providing a seamless platform and single API integration, Simpaisa enables businesses to efficiently accept payments from their customers while ensuring secure and timely disbursement of funds to suppliers, partners, and stakeholders.

With customizable solutions tailored to the specific needs of each client, they optimize financial processes, enhance cash flow management, and foster growth for businesses across various industries. This seamless integration simplifies the payment process for merchants, eliminating the need for multiple bank accounts and disparate systems, while also enhancing the end-user experience with secure and streamlined transactions.

Registered in Singapore, Simpaisa leverages its expertise in the frontier markets of South Asia and North Africa. Through their cutting-edge payment solutions, they empower businesses and financial institutions to improve lives and support countless families, forging pathways to achieve seamless accessibility and economic prosperity. Simpaisa has also recently expanded its market presence into Saudi Arabia through its newly incorporated entity, Simpaisa Arabia, which offers the same suite of digital payment services to businesses and financial institutions in the Saudi market.

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XTransfer Secures In-Principle Approval for Retail Payment Services Licence from UAE Central Bank

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Strengthens Trade Connectivity Across the Middle East and Africa

DUBAI, UAE, Sept. 3, 2026 /PRNewswire/ — XTransfer, World’s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has secured in-principle approval for a Retail Payment Services Licence from the Central Bank of the UAE, marking another important milestone in the company’s global regulatory expansion and growing presence in the Middle East.

Upon completing the pre-issuance conditions, the licence will enable XTransfer to serve mainland UAE clients and further expand its regulated B2B payment services in the country. Through this licence, XTransfer aims to support businesses engaged in international trade with compliant, secure and efficient payment solutions tailored to cross-border transactions.

The UAE is a key market in XTransfer’s Middle East and Africa strategy. As a major regional trade and re-export hub, the UAE plays an important role in connecting Chinese trade with Africa and wider emerging markets. XTransfer’s presence in the UAE will further strengthen its ability to support trade flows between China, the Middle East, and Africa, providing businesses with more accessible and reliable cross-border payment services.

“Receiving conditional approval from the Central Bank of the UAE is a key milestone for XTransfer’s global regulatory expansion,” said Bill Deng, Founder and CEO of XTransfer. “The UAE is one of the world’s most important trade hubs and an essential gateway between Asia, the Middle East and Africa. This approval reinforces our confidence in the UAE market and its long-term growth potential across the region.”

Following successful licensing across major trade hubs in Asia and Europe, the UAE licence marks another important milestone in XTransfer’s international regulatory roadmap and reflects the company’s growing presence in the Middle East. XTransfer will continue to invest in regulated markets and strengthen its payment infrastructure to support SMEs and trading businesses participating in cross-border commerce.

– End –

About XTransfer

XTransfer is the world’s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 1,000,000 registered SMEs globally.

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EnergyVision accelerates growth in its home market in H1 2026

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GHENT, Belgium, Sept. 3, 2026 /PRNewswire/ — EnergyVision (ENRGY:BB), a renewable energy and electric charging company, delivered strong growth in the first half of 2026, driven by the continued expansion of its activities in Belgium.

Revenue increased 57.0% to €98.1 million, while underlying EBITDA rose 45.2% to €22.8 million and net profit grew 53.3% to €6.9 million. Growth was supported by the expansion of EnergyVision’s residential customer base, renewable energy portfolio and electric-vehicle charging infrastructure.

The solar portfolio reached 154.9 MWp and the wind portfolio 37.4 MW. The number of charging points increased by 60.4% year-on-year to 4,120. Customer satisfaction remained strong, with a Net Promoter Score of 43 and a Trustpilot rating of 4.7 out of 5.

Based on its strong first-half performance, EnergyVision raised its 2026 underlying EBITDA growth target from at least 30% to 35%. The company expects underlying EBITDA to grow by at least 40% in 2027, with more than 90% of expected 2027 underlying EBITDA already secured through existing contracts, volumes and production assets.

The unaudited interim financial statements and full press release are available at: https://investors.energyvision.be/en/reports-presentations 

Bloomberg – Euronext Brussels: ENRGY:BB

ISIN: BE0974499312

Yahoo Finance – Euronext Brussels: ENRGY.BR 

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