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Hyundai Mobis Showcases Innovative Future Mobility Technologies at CES 2024

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Hyundai Mobis will exhibit its Innovative Display series, which captures the future of automobile displays, and core electrification technologies at CES 2024. Mobis will unveil a vehicle capable of ‘crab-like’ lateral driving for the first time at the event, spreading future mobility experiences beyond the exhibition.Mobis plans to diversify its client base and expand global orders through aggressive marketing, highlighting the company’s technological capabilities and product quality.

LAS VEGAS and SEOUL, South Korea, Dec. 20, 2023 /PRNewswire/ — Hyundai Mobis (KRX 012330), a global automotive supplier, today announced its participation in the world’s largest technology exhibition, CES, which will be held from January 8-11, 2024 at the Las Vegas Convention Center. The company will present 20 new mobility technologies that are ready for immediate mass production.

At CES, Mobis will focus its efforts on growing its international sales by targeting global clients. Various products in areas such as automotive components, electrification, lamp and Advanced Air Mobility (AAM) will be showcased to potential clients, including its future mobility core technologies, such as the Innovative Display series — rich in high-value advanced technology — and the high-power Integrated Charging Control Unit (ICCU).  

Innovative Transparent Display Poised for Debut

The Innovative Display series, which is a collection of high-value, cutting-edge technologies, will be the focus at the Mobis exhibition. The company will present its leading innovative display technologies for automobiles, such as the world’s first in-vehicle rollable display and swivel display, as well as the Quantum Dot and Local Dimming Display (QL) display and 3D display that feature OLED-level performance in LCD.

A transparent display for automobiles will be presented for the first time during the exhibition. This product is a next-generation display which employs holographic optical elements technology. The display can realize the projection of clear images on a transparent panel while providing drivers with a wider sense of space and openness than that of general displays. 

Transparent displays enable images to be magnified on the front windshield. Thus, drivers can check various display information without shifting their gaze too much, increasing the level of safety. Because of their unique features, it is expected that transparent displays will bring many changes to future automobile designs once they are mass produced. Estimates indicate significant demand from global car manufacturers, creating high expectations for the display’s future technological development and mass production. 

Leading the Market with the 22kW ICCU

Innovative technologies in the field of electrification, the driving force for future growth, also await to be selected by global automakers based on Mobis’ abundant mass production know-how. At the center of electric driving is the 22 kW-class ICCU, which Mobis proudly presents along with its battery system (BSA).  

ICCU is a key element for electric vehicle charging and driving and is a power conversion system integrating elements such as DC/AC charging devices and communication equipment. The higher the output, the better the charging speed and efficiency. If the 22 kW-class ICCU is installed in an electric vehicle with the same specifications, the vehicle’s charging time is reduced by half when compared to that of an 11 kW-class ICCU. 

Moreover, the 22 kW-class ICCU is closely related to vehicle-to-grid (V2G) technology, a type of electric car battery used as a large power source, offering limitless versatility. Mobis is planning to lead related markets through its 22 kW-class ICCU, which surpasses the capability of the 11 kW-class and has received the greenlight for mass production. 

Additionally, Mobis will introduce its future mobility vehicle, which utilizes next-generation mobility technologies, for the first time at CES. In the past, the exhibition has been mainly comprised of visual displays, showcasing technical products and concept cars. However, this year, exhibition visitors will be allowed to get in the actual automobile, offering attendees an interactive and enjoyable experience. The automobile is equipped with features, such as the e-Corner system, that have been capturing the public’s attention. This system allows all four wheels to turn 90 degrees, enabling parallel movement.

* Hyundai Mobis Booth: Las Vegas Convention Center, West Hall #5216 

About Hyundai Mobis

Hyundai Mobis is the global no. 6 automotive supplier, headquartered in Seoul, Korea. Hyundai Mobis has outstanding expertise in sensors, sensor fusion in ECUs and software development for safety control. The company’s products also include various components for electrification, brakes, chassis and suspension, steering, airbags, lighting, and automotive electronics. Hyundai Mobis operates its R&D headquarters in Korea, with four technology centers in the United States, Germany, China and India. For more information, please visit the website at http://www.mobis.co.kr/

Media Contact 
Choon Kee Hwang: ckhwang@mobis.co.kr
Myong Sun Song: sms@mobis.co.kr

 

Video – https://www.youtube.com/watch?v=UPJ5xKug12w

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View original content:https://www.prnewswire.co.uk/news-releases/hyundai-mobis-showcases-innovative-future-mobility-technologies-at-ces-2024-302019994.html

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The Standard Titled “Technical and Application Requirements for Intelligent Software Engineering Part 1: Large-scale Code Models”, in which Xiao-I (NASDAQ: AIXI) Participated, has been Officially Released

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SHANGHAI, March 1, 2024 /PRNewswire/ — Recently, the China Academy of Information and Communications Technology (“CAICT”) and the Industrial and Commercial Bank of China (“ICBC”) jointly released a milestone industry standard called “Technical and Application Requirements for Intelligent Software Engineering Part 1: Large-scale Code Models” (Standard Number AIIA/PG 0110-2023). It is worth mentioning that Xiao-I Corporation (NASDAQ: AIXI) (“Xiao-I” or the “Company”), a leading company in the field of artificial intelligence, has actively participated in the development of this standard. The release of this standard marks the birth of the industry’s first large-scale code model standard, providing strong support for the healthy and orderly development of the Artificial Intelligence for Software Engineering (AI4SE) industry.

The new standard provides detailed specifications for the technical capabilities and application requirements of large-scale code models, covering various stages such as research and development, evaluation, and acceptance. Its aim is to provide clear references for enterprises in the construction and improvement process of large-scale code models. The standard covers three main parts: general capabilities, specific scenario capabilities, and application maturity. These include 16 capability items and over 100 specific capability requirements. These requirements establish comprehensive technical capability standards for large-scale code models across multiple dimensions, including input diversity, task diversity, language comprehensiveness, result acceptability, and result accuracy.

The release of this standard is of great significance in promoting the standardization and development of large-scale code model technology. It will not only enhance the overall technical level of the industry but also facilitate cooperation and communication among enterprises, promoting the industry’s development towards a more standardized and professional direction.

Xiao-I has always been at the forefront of innovation in the field of artificial intelligence. In June 2023, the Company released the Huazang General Model, aiming to create an operating system for the new era of artificial intelligence with the core principles of “being controllable, customizable, and deliverable.” By actively participating in the development of industry standards related to large-scale models, Xiao-I has not only demonstrated its forward-thinking layout, but also its determination and responsibility as a leading domestic AI company in promoting the standardization process in the industry.

Looking ahead, Xiao-I will continue to devote itself to the standardization work in the field of artificial intelligence, actively participating in the development and revision of relevant standards, and contributing wisdom and strength to the healthy development of the industry. Meanwhile, the Company will continue to promote technological innovation, improve product performance, provide users with high-quality artificial intelligence services, and contribute to the efficient and rapid development of China’s artificial intelligence industry.

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing,voice and image recognition, machine learning and affective computing. Since its inception in 2001,the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation.For more information, please visit: www.xiaoi.com. 

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

For investor and media inquiries, please contact:
Ms. Berry Xia
Email: ir@xiaoi.com 

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SOURCE Xiao-I Corporation

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Update on shares repurchased during the first quarter 2024: Loomis AB

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STOCKHOLM, March 1, 2024 /PRNewswire/ — Loomis AB has through the repurchase program that was resolved and communicated on January 30, 2024, and that is still being executed, repurchased 310,898 shares as of February 29, 2024. Loomis AB’s holding of own shares thereby amounts to 4,519,680 shares, corresponding to 6.0% of the outstanding shares in the company. The total number of shares in Loomis AB, including the company’s own shares, amounts to 75,279,829.

The share repurchases may comprise an amount up to a maximum of SEK 200 million and will end no later than on April 5, 2024.

For information about transactions in the repurchase program, please see: www.nasdaqomxnordic.com/news/corporate-actions/repurchase-of-own-shares.

This press release is also available on the company’s website, www.loomis.com.

Contact:

Jenny Boström
Head of Sustainability and IR
Mobile: +46 79 006 45 92
Email: jenny.bostrom@loomis.com

The following files are available for download:

https://mb.cision.com/Main/51/3939075/2640781.pdf

Update on shares repurchased during the first quarter 2024

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SOURCE Loomis AB

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Bitget Wallet now supports the Blast Mainnet, pioneering full ecosystem support as a Web3 wallet

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VICTORIA, Seychelles, March 1, 2024 /CNW/ — The globally leading Web3 trading wallet Bitget Wallet has now integrated support for the Blast Mainnet, making it the first all-in-one Web3 wallet for the Blast ecosystem. Users can effortlessly add and switch mainnets within the wallet with just one click, without the need for manual configuration. This integration enables users to manage, transfer, swap, and interact on one of the largest L2 launches in 2024.

Bitget Wallet has aggregated liquidity from mainstream DEXs within the Blast ecosystem, such as BlasterSwap and MonoSwap, into its Swap feature. This allows for mainnet token Swap transactions, providing users with convenient services for trading assets on the Blast blockchain.

During the Blast testnet phase, Bitget Wallet was among the first to offer support, unveiled a dedicated zone in its DApp page for Blast. This section featured over 40 elite projects from Blast’s Big Bang incentive program, enabling users to easily explore, interact, and potentially receive future airdrops in the Blast ecosystem. Following the launch of the Blast mainnet, Bitget Wallet plans to continue integrating popular projects from the Blast ecosystem, offering users extensive asset management features and a comprehensive ecosystem experience.

Bitget Wallet’s COO, Alvin Kan, highlights Blast as a Layer 2 solution with staking at its core, gaining market attention since launch. He says, “We’re committed to cutting-edge tech, lowering Web3 engagement barriers. Collaborating with quality mainnets like Blast, we aim to drive Web3 ecosystem growth.”

This week, Bitget Wallet engages with popular Blast ecosystem projects, exploring market traction, “Stake Layer 2” narrative, TVL enhancement strategies by staking and earning points, notable projects, and effective ways for users to participate in the Blast ecosystem upon mainnet launch. This provides users with valuable insights for meaningful ecosystem engagement.

Additionally, Bitget Wallet is organizing major events to support the Blast ecosystem, providing users with opportunities for discovering new assets.

About Bitget Wallet

Bitget Wallet stands as Asia’s largest and one of the world’s top non-custodial Web3 wallets, boasting over 19 million users globally. Featuring a comprehensive array of features including asset management, intelligent market data, swap functionality, launchpad, inscribing, DApp browsing, and more, Bitget Wallet promises users an unmatched multi-chain Web3 experience. Currently, Bitget Wallet supports over 100 blockchains, hundreds of EVM-compatible chains, and more than 250,000 cryptocurrencies. By aggregating liquidity across hundreds of leading DEXs and cross-chain bridges, Bitget Wallet is able to facilitate seamless and efficient trades on 40+ blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

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SOURCE Bitget Wallet

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