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GMIF2024 Innovation Summit Invites All to Gather in Shenzhen on September 27

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SHENZHEN, China, July 26, 2024 /PRNewswire/ — Driven by production cuts and price increases from upstream manufacturers, alongside a gradual revival in the consumer electronics market, the memory industry is witnessing a recovery after two years of supply-demand imbalance and significant price declines, and behind it also hides a new trend in the industry fueled by AI applications.

According to Gartner, by the end of 2024, smartphone shipments are expected to grow by 4.2% to 1.2 billion units, and PC shipments are projected to increase by 3.5% to 250.4 million units, notably with shipments of generative AI smartphones and AIPCs soaring by 917% to 295 million units. The explosive growth of innovative applications such as AI smartphones, AIPCs, AI servers, and XR is driving rapid development in advanced memory technologies like DDR5/LPDDR5, QLC NAND, CXL, and LPCAMM.

Organized by Semiconductor Investment Alliance and Shenzhen Memory Industry Association, co-organized by Guangdong Integrated Circuit Industry Association and Shenzhen Semiconductor Industry Association, and hosted by JW Insights Consulting (Xiamen) Co., Ltd. and Haitong Securities Co., Ltd., “The 3rd GMIF2024 Innovation Summit (Global Memory Innovation Forum)” is scheduled to be held on September 27, 2024 at Renaissance Shenzhen Bay Hotel.

Under the theme of “AI Leads Memory’s New Momentum”, GMIF 2024 will bring together leading enterprises and listed companies from various sectors of the semiconductor memory industry chain, including terminal manufacturers, original equipment manufacturers, platform manufacturers, controller manufacturers, module manufacturers, packaging and testing manufacturers, equipment manufacturers, and material suppliers.

The forum will focus on the industry trends and dynamics powered by the recovery of the memory market and emerging AI applications, sharing cutting-edge technologies and the latest products, exploring how to synergize innovation throughout the industry chain, to build a cooperative and win-win industry ecosystem. The highlights of this event include:

Sharing Insights on Direction of Industrial Technology Innovation: to invite industry leaders such as global original manufacturers to share developments in NAND Flash and DRAM technologies and discuss how advanced memory technologies like CXL and LPCAMM are supporting innovation and applications in the AI industry.Decoding Global Storage Industry Trends: to bring together representatives of memory industry enterprises and renowned industry consulting firms to decode development trends of global storage industry and seize opportunities and challenges brought by changes in the storage industry cycle.Empowering Business Success Through Diverse Event Formats and Media Resources: to facilitate efficient interactions across the industry chain by participation in keynote speeches, thematic matchmaking meetings, awards ceremonies, Bay Area Nights, friendly golf matches and global live broadcasts.Exploring Investment Opportunities by Capital Market matchmaking and Strategy Sharing: to enable face-to-face exchanges between listed companies, unicorns in the memory industry chain, and investment institutions to highlight investment value and foster win-win cooperation.

GMIF2024 features an extensive schedule of events that foster collaboration and highlight investment opportunities in the memory industry. On September 27th, the summit will commence with the Memory Industry Trends Forum, followed by the Memory Equipment and Materials Forum, which will delve into the latest advancements and trends. The day will also include a Strategy Meeting for Listed Companies in the Memory Industry, providing a platform for face-to-face exchanges between listed companies, industry unicorns, and investment institutions.

The summit evening will be marked by events involving the Award Dinner and Bay Area Night to celebrate notable achievements and explore networking opportunities in the industry. The first day’s events will culminate with a Global Live Broadcast of Memory Trends by major brands. To conclude GMIF2024, a Friendly Golf Match will be held on September 28th, marking the end of the summit and offering a relaxed venue for ongoing technology exchanges.

Looking back, GMIF2023, themed “Exploration•Advance•Symbiosis•Win-Win”, brought together over 250 companies from around the world. The event featured 18 impressive keynote speeches and attracted over 700 industry professionals. With a “2-day conference + 6 events” format, the forum was characterized by a series of special events including closed sessions, main and sub-forum speeches, awards dinners, global live broadcasts, Bay Area Nights and more. With the support of over 30 mainstream media partners, the summit directly reached over 200,000 engineers, and its online exposure exceeded 300 million views.

Many enterprises, including Intel, Huawei, Phytium, Tsinghua Tongfang, EmdoorINFO, IP3 Technology, WEIBU, Yangtze Memory, Changxin Memory, Silicon Motion, BIWIN Storage, Maxio Technology, InnoGrit, Techwinsemi, Yeestor, Powev, KingSpec, IKAUTO, KingFast, Hemei Jingyi, AttachPoint, QUANXING and many more, had been honored with the GMIF2023 Annual Awards, which garnered widespread attention from across the semiconductor memory industry.

With aims to recognize and incentivize outstanding enterprises for their exceptional contributions to innovation in the global memory industry chain, the GMIF2024 Annual Awards will continue to highlight and celebrate outstanding enterprises across various segments of the memory industry. There are three major categories of awards established, including the Outstanding Industry Award, Outstanding Product Award, and Outstanding Brand Award, with more than 25 specific awards in these categories.

The Third GMIF2024 Innovation Summit stands as a pivotal event for industry leaders and innovators to converge, share insights, and shape the future of the memory industry. As AI continues to drive significant advancements and demand within the sector, GMIF2024 will create an invaluable space for collaboration and the exchange of state-of-the-art ideas and technologies. We look forward to your participation in Shenzhen on September 27, 2024, where together, we can forge a path toward a prosperous and innovative future for the global memory industry.

About SMIA

Founded in the Guangdong-Hong Kong-Macao Greater Bay Area in 2019, the SMIA(Shenzhen Memory Industry Association), a non-governmental social group in the semiconductor industry, focuses on domestic production and global business. With the goal of “Focus on Memory Sector to Achieve Collaborative Development”, the SMIA creates a platform for industry service so as to build a collaborative industry ecosystem.

About GMIF

The Global Memory Innovation Forum (GMIF) is the most important annual event of SMIA. This forum aims to build an international and professional communication platform for the global memory industry to discuss new technologies, applications, cooperation, and opportunities. The forum is dedicated to providing communication opportunities for upstream and downstream manufacturers in the storage industry, consolidating the synergy and complementary development among industry partners, helping participating companies promote their products and brands, and empowering the global memory industry chain to win together!

For more information about GMIF, please visit https://www.gmif.com.cn/.

Media Contact:

Ms. Gu, (+86)15064010336, wenjing.gu@gmif.com.cn

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SOURCE Shenzhen Memory Industry Association

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OMODA 4 Officially Rolls Off the Production Line: OMODA&JAECOO Sets Its Sights on a New Global Million-Unit Target

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KUALA LUMPUR, Malaysia and WUHU, China, April 27, 2026 /PRNewswire/ — On April 26, 2026, OMODA&JAECOO hosted the grand “From Million To Annual Million Launch Event and OMODA 4 Roll-off Ceremony”. As the flagship model for the brand’s Globalization 2.0 strategy, the official start of mass production for the OMODA 4 not only marks a milestone in the brand’s three-year journey to 1 million cumulative sales but also represents the launch of the core product powering the brand’s sprint to its 2027 sales target of annual million units. This event aligns with the Chery International Business Summit (IBS), together mapping a new blueprint for the brand’s global growth.

As a flagship model for the youth market and global layout, OMODA 4 precisely targets the “Cyber LOHAS tribe”. Grounded in deep insights into the consumption habits and lifestyles of young consumers, OMODA 4 adopts “Cyber Mecha”as its core positioning, building core product competitiveness in hyper-function, hyper-intelligence, and hyper-energy, serving as a key lever for the brand to capture the global youth market.

Hyper-Functional Design: CYBER MECHA Aesthetics Forge an Exclusive Visual Identity

OMODA 4 breaks away from conventional design logic with its class-exclusive Cyber Mecha supercar styling, forging a futuristic visual identity. The Cyber Lightning Headlights mimic the transient form of a lightning strike, using sharp lines and high-contrast light strips to create a highly recognizable design signature. The mecha-inspired light-flow body borrows from the structural elements of mecha armor, using sharp edges and geometric facets to generate 3D light and shadow effects beyond classic streamlined styling.

The interior features a starship-themed cockpit with a wraparound layout for an immersive mecha-command experience. Paired with a Lamborghini-style F1 supercar flip-start button, every departure is imbued with a sense of ceremony. Meanwhile, the model achieves the optimal drag coefficient within its stylistic class, balancing design with aerodynamic performance. A diverse palette of body colors caters to the individualized tastes of young users, making OMODA 4 a “mobile social card” for self-expression.

Ultra-Smart Features: A Class Benchmark Delivering a Warm Tech Experience

In terms of intelligent features, OMODA 4 leverages class-leading hardware and software capabilities to deliver a smart experience that integrates technology with a human touch, upgrading from “easy to use” to “intuitive”. Equipped with best-in-class hardware, it has 16 ADAS driver-assist features for easy driving and parking, greatly lowering driving barrier to driving and making every journey safer and more convenient.

The AI powered super voice assistant, built on a large language model, will soon be available in the vehicle. In the future, this technology is expected to support diverse function such as voice cloning and mood-based music recommendations, with the aim of accurately sensing the user’s emotional needs and delivering a personalized interactive experience. Additionally, features such as a 13.2-inch ultra-clear central screen, a 540° panoramic image, and 50W wireless charging and other features enrich smart car scenarios, fully addressing the tech demands of today’s youth.

High-Energy Ecosystem: An All-Scenario Setup Tailored to a Diverse Youth Lifestyle

To match young users’digital–physical lifestyle, OMODA 4 builds the best-in-class hyper-energy trendy ecosystem, redefining car scenarios and value as a connector of passion and life. As a mobile esports cockpit, the in-car system comes pre-loaded with over 20 casual and competitive games, supports wireless gamepad connection, turning waiting time into fun gaming moments anytime, anywhere. Building on this, OMODA 4 further expands the boundaries of in-car scenarios, creating a full-scene ecosystem that encompasses pet-friendly features, karaoke, camping, and multimedia entertainment. It is designed to fully accommodate the diverse lifestyle needs of young users and carry all their passions.

OMODA 4 will also launch an Ultra version, which offers class-exclusive factory performance modifications to deliver an exhilarating “supercar-like” experience for driving enthusiasts. The professional sports kit fully optimizes aerodynamics and body stance, boosting visual impact and high-speed stability. A launch control function unleashes peak torque at start for thrilling pushback, the tuned exclusive sports sound ignites drivers’ hearing on every acceleration. Professional sport tuning extends to the suspension, steering, and power response, resulting in more precise and sharper handling overall.

The official mass production rollout of the OMODA 4 represents a critical step in the execution of OMODA & JAECOO’s “New Million Strategy” and is a key component of the brand’s Globalization 2.0 blueprint. With strong tech heritage and a global innovation system, OMODA&JAECOO takes the OMODA 4 as its core model, paired with smart tech like the AiMOGA robot Mornine, to precisely target the global youth market. This shows the brand’s deep understanding of young users and strong R&D capabilities, as well as its commitment and breakthroughs in smart technology. Moving forward, the market launch of the OMODA 4 will further strengthen the brand’s position in the youth market and drive its premium and youthful evolution on the global stage.

About OMODA&JAECOO

In 2025, Chery Group, the parent company of OMODA&JAECOO, ranked 233rd in the Fortune Global 500, achieving the fastest ascent among global automakers, and maintained its position as China’s top passenger vehicle exporter for 23 consecutive years. OMODA & JAECOO takes “Co-Create A Beautiful Life With Young People” as its brand vision, while OMODA focuses on building “The World’s Leading Crossover Brand”, JAECOO adheres to the philosophy of “From Classic Beyond Classic” and is committed to building Global Elegant Off-Road Brand”, and building differentiated competitiveness through dual routes. By 2025, the OMODA & JAECOO brand has expanded into 64 markets worldwide, covering Europe, Asia, Australia, Africa, Latin America, the Middle East, and more,demonstrating strong global growth momentum, especially in the European market, becoming the fastest growing car brand in Europe and even the world. In the field of new energy vehicles, OMODA&JAECOO relies on the world’s leading SHS technology, with Super High Power, Super Low Efficiency, Super Long Combined Range,while providing efficient new energy solutions for global users, but also steadily advancing towards the objective of becoming the “The World’s Number One Hybrid Brand”. Notably, beyond its continuous breakthroughs in the core automotive sector, OMODA & JAECOO has extended its technological innovation into the field of intelligent technologies. The robot, jointly developed with the AiMOGA team, has entered real public service scenarios and made its official debut at the Asian Youth Para Games,representing a landmark practice in automakers’ intelligent transformation and further expanding the brand’s value boundaries.

In Malaysia, OMODA & JAECOO currently offers models including J5, J7, J7 PHEV, J8, C9 and C9PHEV, and will continue to introduce more new models that meet local market demand. Under the same group, OMODA & JAECOO has 3 sister brands in Malaysia – Chery, iCAUR and Lepas.

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SOURCE OMODA & JAECOO

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Broadridge Transforming Financial Literacy in Ireland Through AI-Powered Communication

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Helping Irish savers better understand investment products, Broadridge is developing innovative language simplification technology

DUBLIN, April 27, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc (NYSE: BR) today announced plans to support groundbreaking work in financial literacy in Ireland. Supported by IDA Ireland, the project will enable Broadridge to explore how artificial intelligence can be used to simplify the language in financial disclosures and make investment products more accessible to Irish retail investors.

“Ireland is a leading international centre for innovation in financial technology,” said Denis Curran, Head of International Financial Services, Emerging Business and Engineering & Green Economy at IDA Ireland. “We are delighted to support Broadridge in its mission to enhance financial literacy through the power of artificial intelligence. I wish the team at Broadridge every success with this innovative project.”

This collaboration addresses a critical challenge facing Ireland’s financial services sector. While Ireland hosts over €5 trillion in fund assets and is Europe’s ETF powerhouse, retail investor participation remains low. Research shows that dense, jargon-heavy disclosures create a significant barrier, with only 18% of EU citizens demonstrating high financial literacy according to the European Commission’s 2023 Eurobarometer Survey.

“This partnership with IDA Ireland positions Broadridge at the centre of a national initiative to leverage technology to make sophisticated investment products genuinely accessible to retail investors,” said Stephen Johnston, Senior Country Officer, Ireland, at Broadridge. “We’ve analysed investment disclosures from the 50 largest UK asset managers and found that nearly half were written at an academic level that would be difficult for most retail investors to understand. Across Europe, around €14 trillion sits in household savings accounts. At a time when purchasing power is eroding due to inflation, too many of these savers lack clarity and confidence in how best to realise their investment potential. By applying AI to create plain-language communications while maintaining regulatory compliance and accuracy, we can measurably boost engagement and help move Irish savers from deposit accounts into long-term investments that can support their financial futures.”

Broadridge’s research project will investigate how AI-driven plain-English communications can transform complex fund documentation into clear and simple information that empowers everyday Irish savers to make informed investment decisions. The initiative aligns with both the European Commission’s Financial Literacy Strategy and regulatory efforts such as the UK FCA’s Consumer Composite Investment framework to deliver simplified, user-friendly disclosures.

Broadridge’s Dublin team supports clients across Ireland’s financial services community, delivering a broad range of technology and operational solutions. With dedicated Dublin-based regulatory expertise, the team partners with leading global asset managers and fund administrators to navigate complex requirements, including PRIIPs, MiFID, Solvency II and the evolving UK–EU regulatory landscape.

Results from the study will be shared with industry stakeholders and regulators to inform best practices.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com

Broadridge Contacts:

Investors:
broadridgeir@broadridge.com

Media:
Gregg.Rosenberg@broadridge.com

 

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SOURCE Broadridge Financial Solutions, Inc.

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Fabpad Surpasses 12-Month Projections in 90 Days, Delivers 300% Growth Following Seed Round

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Achieves rapid scale within a quarter of funding—while keeping most capital undeployed—highlighting strong demand, repeat usage, and a scalable multi-channel model

HYDERABAD, India, April 27, 2026 /PRNewswire/ — Fabpad, India’s fast-growing menstrual hygiene brand, has achieved its 12-month post-seed projections within just three months of closing its funding round in December 2025. The company also reported a 300% year-on-year growth for FY 2025–26.

Fabpad has reached this milestone within the first quarter post funding, with a significant portion of the raised capital still undeployed, pointing to strong underlying demand and disciplined execution.

The company is now planning to raise its Pre-Series A round to support its next phase of growth, with a focus on expanding access and scaling operations across markets.

Fabpad’s product portfolio—including reusable period panties, cloth pads, biodegradable disposables, and intimate hygiene solutions-—is designed to serve both individual consumers and larger-scale use cases.

Fabpad operates as a direct-to-consumer (D2C) brand in India, where it has built strong user engagement through product performance and repeat usage. Alongside this, the company has scaled across multiple demand channels and markets, enabling it to grow rapidly without relying on a single growth engine.

The company’s growth has been driven by a combination of:

Strong repeat behaviour and customer retentionConsistent product performance across use casesExpansion across geographies

Commenting on the milestone, Dipesh Dhelia, CEO, Fabpad, said, “What stands out to us is not just the speed of growth, but how efficiently it has come together. We’ve been able to hit our projected numbers early while still keeping most of our capital undeployed. That’s a strong signal that we have built a strong scalable model.”

Commenting on product adoption, Shripriya Khaitan Dhelia, Co-Founder, Fabpad, said, “Our focus has always been on solving for real, everyday use. This isn’t a one-time purchase decision—it’s something customers evaluate every single month. That’s where trust gets built. If the product performs consistently, it earns credibility over time, and that’s what ultimately drives repeat usage and growth.”

About Fabpad

Fabpad is a personal hygiene brand founded by Shripriya Dhelia, focused on building high-performance, affordable, and sustainable hygiene solutions for modern consumers. The company has developed a diversified business model, combining its direct-to-consumer (D2C) presence in India with institutional partnerships, export markets, and B2B distribution channels, enabling it to scale across both individual and large-scale use cases.

Fabpad’s product portfolio spans reusable period panties, cloth pads, biodegradable disposables, and intimate hygiene products, designed to deliver consistent performance while addressing cost efficiency and environmental impact. Built with a strong focus on product quality, repeat usage, and real-world functionality, the brand has gained traction across multiple markets and customer segments.

Fabpad is building a capital-efficient hygiene platform designed to scale across markets, channels, and use cases—without compromising on performance or accessibility.

Website: https://fabpad.in/

Photo: https://mma.prnewswire.com/media/2966131/Shripriya_Dipesh_Fabpad.jpg

 

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