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SUSECON China 2024 Opens in Shanghai, underscoring SUSE’s Commitment to Cloud-Edge Integration and Boundless AI

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Cutting-edge technologies, led by artificial intelligence, are reshaping the future. Companies face critical IT choices in the journey to digital transformation as they consider their digital options for future innovation.

SHANGHAI, Sept. 26, 2024 /PRNewswire/ — SUSE, a global leader in open-source enterprise solutions, today hosted SUSECON China 2024. The event, focused on the theme of “Cloud-Edge Integration and Boundless AI,” brings together industry experts and technology leaders to explore cloud-native solutions, edge computing, and generative AI best practices to help businesses gain a competitive edge. Held in Shanghai, SUSECON China 2024 highlighted the latest technology trends and best practices, demonstrating how open-source platforms can be used to build secure, enterprise-level AI architectures, and how cloud-edge integration is driving digital transformation across industries.

SUSE Continues Empowering China with Open Source

A global leader in open-source enterprise solutions, headquartered in Germany, SUSE has been committed to the China market for 20 years, continually delivering innovative and secure open-source solutions that empower Chinese companies to lead and thrive in a rapidly changing marketplace.

In his opening remarks, SUSE CEO Dirk-Peter van Leeuwen emphasized how recent IT outages have underscored the increased reliance on technology and the critical need for freedom of choice, saying “We are committed to unlocking the limitless potential of open source and giving you the freedom to choose your own technology solutions.”

Alan Chan, President of SUSE Greater China, delivered a keynote speech, “Choice Happens,” reiterating SUSE’s commitment to choice and helping companies successfully navigate the digital landscape. In today’s unpredictable market, he said, businesses need flexible, independent solutions. SUSE’s open source innovations empower enterprises with more choices, without the need to be locked into a single vendor. As an example, Chan highlighted SUSE Liberty Linux, introduced after the discontinuation of CentOS services. This solution allows users to stay on CentOS and other Linux distributions without migrating, ensuring enterprise applications remain secure and stable, with enterprise-level support to ensure business continuity.

SUSE has consistently been at the forefront of driving enterprise-grade digital transformation through innovative open source technology. To support companies in building private AI systems, SUSE launched SUSE AI – a secure, modular, vendor and LLM-agnostic GenAI platform. This platform is built on SUSE’s industry-leading products: SUSE Linux, Rancher Prime, and NeuVector Prime. Companies can run their AI systems on premises or in the cloud, with complete autonomy to select the most suitable LLM, a cost-effective approach that ensures their data remains private and meets compliance standards.

SUSE has also significantly enhanced the observability of its cloud-native management platform, Rancher Prime, with the acquisition of StackState, renowned for its cloud-native observability. StackState provides full-stack, end-to-end monitoring capabilities; automatically generates dependency maps between applications, microservices, and infrastructure resources; and offers troubleshooting guides, dynamic dashboards, and time-travel features. These capabilities help businesses monitor and manage large-scale cloud-native applications in real-time, improving efficiency and stability.

SUSE’s comprehensive solutions – ranging from infrastructure to cloud-native and edge computing – help local enterprises tackle complex digital transformation challenges. For example, a major international shipping and logistics company, headquartered in Hong Kong, recently experienced rapid growth, expanding from a few dozen Kubernetes cluster nodes to over 500. This required the company to build their containerisation management ability to manage complex hybrid cloud environments, dual-active architecture, and quick response times for application launches, all while safeguarding against cyberattacks. SUSE provided a cloud-native architecture blueprint, along with consulting and solutions like Rancher Prime and NeuVector, helping the company build a secure, efficient, and scalable cloud-native platform in just over two years.

Harnessing Cloud-Edge Integration and AI

Businesses undergoing digital transformation face challenges integrating modern applications, managing distributed architectures, handling evolving security threats, and adopting generative AI. SUSE’s four core technologies – cloud native, edge computing, enterprise-level Linux, and SUSE AI – are helping effectively address these issues, explained Vishal Ghariwala, SUSE’s APAC CTO.

SUSE’s APAC team shared further product highlights at the event. SUSE’s Rancher Prime cloud-native platform unifies the management of virtual machines and containers, speeding up the modernization of critical applications and optimizing delivery across core, cloud, and edge environments. It also rapidly integrates generative AI capabilities, such as AI assistants, into its offerings. For edge computing, SUSE Edge simplifies managing and scaling distributed architectures, ensuring operational consistency and robust security to keep edge applications running efficiently. SUSE Liberty Linux provides seamless migration patches and continuous security updates, addressing rising security threats and maintaining system stability. Finally, SUSE AI offers a modular, private platform that lets businesses choose their own generative AI models, ensuring data privacy and compliance while driving business innovation and growth.

SUSE Embraces a New Era of Cloud-Native and Edge Computing

As the Internet of Things (IoT) and digital transformation accelerate, a new era of cloud-native and edge computing has arrived. Edge deployments, driven by the demand for cluster management, have become increasingly important. In her speech, Katerina Arzhayev, Director of Edge Solutions at SUSE, noted the three core advantages of SUSE Edge: scalability and flexibility, automation and efficiency, and security and compliance. These capabilities help businesses respond flexibly to complex edge computing environments, streamline operations, and ensure data security.

For key industries like retail and manufacturing, SUSE provides standardized containerization to meet the advanced security requirements of distributed edge systems, along with cloud-edge collaboration across clouds, core data centers, and the edge. SUSE also provides a full suite of solutions and services, including consulting, design, deployment, commercialization, and ongoing support, helping enterprises overcome edge computing challenges and accelerate digital transformation.

Co-Creating the Future: SUSE Partners to Drive Industry Innovation

At SUSECON China 2024, SUSE teamed up with leading industry partners to present innovative solutions that drive digital transformation and intelligent upgrades across industries. In cloud-native, edge computing, and AI, SUSE showcased successful collaborations with companies such as Edgenesis, Ali Cloud, and Advantech. These partnerships span a wide range of applications: from intelligent manufacturing, to renewable energy, to cross-domain cloud-native and AI applications. Together, SUSE and Edgenesis launched an unified AIoT platform, while Ali Cloud and SUSE co-developed a cloud-edge AI solution to help enterprise users maximize the potential of generative AI. Advantech leveraged its industrial automation expertise to work with SUSE on intelligent factories and new energy solutions built on the K3s platform.

As generative AI, cloud-native, and edge computing technologies converge, businesses are presented with unprecedented opportunities for digital transformation. SUSE and its partners are not only providing strong technical support, but also building blueprints to fuel global digital innovation. Ali Cloud, SinyNet, and oBoson Labs were each named “SUSE 2024 Outstanding Partner of the Year” for their exceptional contributions to business and cloud-native innovation.

Finally, Chan remarked that 2024 marks SUSE’s 20th anniversary in China – an important milestone reflecting SUSE’s long-term commitment to the Chinese market and a testament to its rapid growth as the nation enters an era of AI-assisted, accelerated transformation. In this time of global technology transformation, SUSE is at the forefront, leading enterprises into a digital future.

About SUSE

SUSE is a global leader in innovative, reliable, and secure open-source enterprise solutions, including SUSE Linux Enterprise, Rancher Prime, and NeuVector. Trusted by more than 60% of Fortune 500 companies, SUSE powers mission-critical workloads, enabling innovation everywhere – from the data center to the cloud, to the edge and beyond. SUSE puts the “open” back in open source, collaborating with partners and communities to give customers the agility to solve today’s challenges and the freedom to evolve their strategies and solutions tomorrow. For more information, visit www.suse.com.

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SOURCE SUSE

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Strategic LiDAR Customer Initiates Production Orders with Sivers Semiconductors

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October 20, 2026

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Shipments will begin in Q4 2026 against rolling production orders as the automotive and industrial sensing programs move into production phase in 2027

KISTA, Sweden, Oct. 20, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced that its strategic LiDAR customer has initiated production orders for its automotive and industrial sensing customers.

Sivers will supply the continuous-wave distributed feedback (CW DFB) lasers and optical amplifiers powering the customer’s LiDAR platforms, positioning the company to support growing demand as production scales.

“We are pleased to see this strategic program advance from design-win to production, with our customer placing first production orders,” said Alex McCann, Managing Director of Sivers Semiconductors’ photonics business. “This key milestone reflects confidence in our technology, our production facility and its reliability to meet the customer’s requirements for volume production. As the program scales, we expect rolling production orders placed to lead times, in line with our customer’s multi-year production forecasts.”

As announced in March 2026, the program represents a significant long-term opportunity, with estimated cumulative revenue potential of USD 53 million to USD 138 million over the customer’s product lifecycle. The opportunity comes amid strong growth in automotive LiDAR, with Yole Group projecting the global market to expand from USD 861 million in 2024 to USD 3.8 billion by 2030, representing a compound annual growth rate of 28 percent. Beyond automotive applications, LiDAR is gaining traction in industrial markets, including robotics and autonomous machinery.

For more information, please visit https://www.sivers-semiconductors.com/. 

About Sivers Semiconductors

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high-precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense, and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

Forward-looking statements

This press release contains forward-looking statements, including statements regarding expected orders, the timing and scale of the customer’s production ramp, deliveries, market development and revenue potential. Such statements are based on current expectations and are subject to risks and uncertainties, including the customer’s production plans, end-market demand and Sivers’ manufacturing capacity, which could cause actual results to differ materially. Sivers undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Media Contact
Tyler Weiland 
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Heine Thorsgaard
CFO 
ir@sivers-semiconductors.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sivers-semiconductors/r/strategic-lidar-customer-initiates-production-orders-with-sivers-semiconductors,c4411825

 

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SOURCE Sivers Semiconductors

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Segway Powersports Returns to EICMA for Fifth Year with Model Year 2027 Lineup and New Off-Road Innovations

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October 20, 2026

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MILAN, Oct. 20, 2026 /PRNewswire/ — Segway Powersports is heading back to EICMA for fifth appearance, with new off-road innovations that reflect its “Fear No Place” philosophy. On November 3, the brand will unveil its Model Year 2027 (MY2027) lineup at a product launch in Milan. From upgraded ATVs to the debut of its new flagship two-row UTV and next-generation of iFUN system connected technology, the preview promises exciting developments in design, performance and the riding experience.

Segway Powersports will occupy approximately 880 square meters at EICMA 2026, setting the stage for its upcoming product launch:

Location: Hall 14, Booth I06Launch Date & Time: November 3 at 3:30 p.m. (Milan local time)

For Segway Powersports, off-road riding has always been about more than reaching a destination. It’s about taking on unfamiliar terrain with confidence and discovering new possibilities along the way. As Segway’s professional-grade, high-performance powersports line for global markets, the brand is built around the qualities riders depend on when conditions get tough: strong performance, reliable durability and confident handling.

Expertise, the pursuit of excellence and a spirit of exploration are at the heart of Segway Powersports. Together, these values shape the brand’s “Fear No Place” philosophy and its drive to push riding capabilities further. EICMA offers another opportunity to bring that philosophy into sharper focus and strengthen the brand’s identity in the global powersports market.

Beyond performance, Segway Powersports is forging a distinct visual identity anchored by Rider Red——its signature color-paired with the dedicated Segway Powersports logo. Consistently applied across vehicle designs and brand materials, the color creates a bold, instantly recognizable brand presence.

At this year’s EICMA, the MY2027 lineup will take center stage. Fresh designs, stronger performance and a more engaging riding experience are the key upgrades to look forward to.  Meanwhile, the new flagship two-row UTV will make its Milan debut with an all-weather cabin comfort concept.

Smart connectivity will be another highlight. The next-generation connect system iFUN will make interactions between riders and their vehicles smarter and more intuitive.

With the upcoming launch, Segway Powersports aims to offer a more complete off-road lineup for a wider range of terrains and riding needs. From trail adventures and outings with companions to practical tasks, the expanded range gives riders more ways to make the most of every journey.

The Segway Powersports booth will also feature a special highlight: a race-prepared vehicle that claimed second place in the SSV class at the 2026 European Bajas Championship. Visitors can get a closer look at the race vehicle and a taste of competitive off-road racing.

Media, dealers, partners and consumers are invited to follow the Segway Powersports product launch on November 3 at 3:30 p.m. (Milan local time) in Hall 14, Booth I06 and discover what’s next for Segway Powersports.

About Segway Powersports

Segway Powersports is Segway’s professional-grade, high-performance powersports line for global markets. Guided by expertise, the pursuit of excellence and a spirit of exploration, the brand develops off-road vehicles that combine powerful performance, strong torque, reliable durability and responsive handling. Built for diverse and demanding terrain, its vehicles give riders the confidence to take on new challenges, reflecting the brand’s “Fear No Place” philosophy.

Contact: media@powersports.segway.com 

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ShaMaran Announces Investment in Iraq and Contemplated Bond Issuance

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October 20, 2026

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HAMILTON, Bermuda, Oct. 20, 2026 /PRNewswire/ — ShaMaran Petroleum Ltd. (“ShaMaran” or the “Company”) (Euronext Growth Oslo: SNM) (Nasdaq First North Stockholm: SNM) announces the expansion of the Company’s strategic collaboration with HKN Energy (“HKN”) into Federal Iraq. Building on their joint ventures across the Atrush and Sarsang oil fields in the Kurdistan Region of Iraq, HKN and ShaMaran are extending their cooperation into Federal Iraq through the Hamrin oil development and production contract (“DPC”). PDF Version 

As part of this expansion, ShaMaran will have a 25% shareholding in HKN Hamrin Ltd. (the “Hamrin JV”), the joint venture company holding 100% of the Hamrin DPC. HKN, as the operator of the field, will leverage its operational expertise and established relationship with ShaMaran to advance a major long-term development program.

The Hamrin field is a large discovered and producing oil field previously operated by North Oil Company, an Iraqi state-owned oil company. HKN and ShaMaran will further develop the field with the aim of increasing production above the current 20 Mbopd to maximize recovery over the 25-year term of the DPC. The operator’s and management’s current estimate of remaining gross reserves and resources is in the range of 500 million to one billion barrels. The initial phase of development will target lifting field production to approximately 60 Mbopd by 2028. Further phases of development could target more than doubling those initial production levels, with currently estimated capex for later phases in the range of $2-3 per incremental barrel.

Garrett Soden, Chief Executive Officer of ShaMaran, commented, “The Hamrin investment is a natural extension of our cooperation with HKN, the operator of our two existing assets in the Kurdistan Region of Iraq. The Hamrin field in Federal Iraq is complementary to our existing Kurdistan production and reserves profile, and we expect material synergies from having the same team operate all three assets. Together with HKN, we are committed to increasing Hamrin production to create significant value for Iraq and our shareholders.”

The Hamrin JV farm-in consideration comprises a $35 million carry by ShaMaran of HKN’s share of initial costs in the Hamrin co-venture, with a further $15 million payable out of future cash flow once ShaMaran has recovered its initial investment and carry in full.

Financing – Contemplated Bond Issuance

Elvis Pellumbi, Chief Financial Officer of ShaMaran, commented, “On the back of the attractive Hamrin investment, we are looking to raise a new bond to better reflect the improved credit profile of our expanded asset portfolio, fund Hamrin growth capex and reduce interest costs. We see increased near-term cash flow from our existing assets due to the tri-party export agreement coupled with an enhanced long-term outlook from the addition of future Hamrin cash flows.”

ShaMaran has mandated Pareto Securities AS to be sole bookrunner and manager for a contemplated bond of up to $200 million in order to refinance its existing 2029 bond (ISIN NO0011057622) that has approximately $144 million currently outstanding. The proceeds from the new bond will be used to fund ShaMaran’s share of the Hamrin investment and for general corporate purposes. The Company will host fixed income investor meetings, and a bond issuance may follow subject to market conditions and acceptable terms. It is the Company’s intention to exercise the applicable call option in the existing bond upon successful issuance of the contemplated new bond.

ShaMaran to combine with Gulf Keystone Petroleum Ltd. (“Gulf Keystone”)

ShaMaran and Gulf Keystone today announced that they have signed a merger agreement and a combination agreement to combine their businesses and create a platform for growth in the Kurdistan Region of Iraq and Federal Iraq (the “Transaction”). A copy of the press release can be found at www.shamaranpetroleum.com.

About ShaMaran Petroleum Ltd.

ShaMaran is an independent oil and gas company with non-operated stakes in three fields in Iraq. The Company indirectly holds a 50% working interest in the Atrush Block and an 18% working interest in the Sarsang Block, both in the Kurdistan Region of Iraq. The Company will also hold a 25% interest in the Hamrin JV, which holds the Hamrin DPC in Federal Iraq. The Company is listed in Oslo on Euronext Growth and in Stockholm on Nasdaq First North (ticker “SNM”). ShaMaran is part of the Lundin Group of Companies.

Elvis Pellumbi, CFO, +41 22 560 8600, info@shamaranpetroleum.com, www.shamaranpetroleum.com

This information is information that ShaMaran Petroleum Ltd. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 8:00 CET on October 20, 2026.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

The Company’s certified advisor on Nasdaq First North Growth Market is FNCA Sweden AB.

Forward-Looking Statements

Matters discussed in this announcement may constitute forward-looking statements. The use of any of the words “will”, “expected”, “planned” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of certain future events. Certain information set forth in this news release contains forward-looking statements.

 

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