Technology

Corrugated Board Packaging Market is expected to generate a revenue of USD 420 Billion by 2032, Globally, at 6.0% CAGR: – Market Research Intellect

Published

1 year ago

March 18, 2025

Market Research Intellect, is thrilled to announce the release of its comprehensive and authoritative report on the Corrugated Board Packaging Market. The market is witnessing substantial growth, driven by the increasing adoption of sustainable packaging solutions and the booming e-commerce sector. However, fluctuations in raw material prices and stringent environmental regulations pose challenges to market expansion.

LEWES, Del., March 18, 2025 /PRNewswire/ — The global corrugated board packaging market is projected to grow from approximately USD 250 billion in 2024 to nearly USD 420 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.0% during the forecast period.

The corrugated board packaging market is driven by the rapid expansion of e-commerce, increasing demand for sustainable and recyclable packaging, and rising consumer preference for eco-friendly materials. Growth in industries such as food and beverages, electronics, and pharmaceuticals further fuels demand. Technological advancements in lightweight and durable packaging solutions enhance efficiency and cost-effectiveness. Additionally, stringent environmental regulations and corporate sustainability initiatives push manufacturers toward biodegradable and recyclable packaging alternatives, accelerating market expansion.

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202 – Pages
126 – Tables
37 – Figures

Scope Of The Report

REPORT ATTRIBUTES

DETAILS

STUDY PERIOD

2020-2031

BASE YEAR

2024

FORECAST PERIOD

2025-2032

HISTORICAL PERIOD

2020-2024

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Smurfit Kappa, International Paper, DS Smith, WestRock, Mondi Group, Packaging Corporation of America, Georgia-Pacific, Rengo Co. Ltd., Nine Dragons Paper, and Pratt Industries.

SEGMENTS COVERED

By Type, By Application And By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Corrugated Board Packaging Market Overview

Market Growth and Size

The corrugated board packaging market is expanding rapidly, driven by the surge in online shopping, increased industrial applications, and growing awareness of sustainable packaging. The market was valued at approximately USD 250 billion in 2024 and is projected to reach nearly USD 420 billion by 2032. A steady compound annual growth rate (CAGR) of around 6.0% highlights its increasing adoption. Businesses across sectors prefer corrugated packaging due to its lightweight and cost-effectiveness. This packaging type ensures product safety during transportation while reducing logistics costs. Furthermore, technological advancements, such as digital printing and enhanced structural designs, contribute to the growing appeal of corrugated board packaging solutions. The rise of customized packaging options also bolsters market expansion, catering to the branding needs of various companies.

E-Commerce as a Key Market Driver

The exponential growth of e-commerce platforms is one of the primary factors fueling the demand for corrugated board packaging. As consumers increasingly shift towards online shopping, businesses require sturdy, protective, and lightweight packaging materials to ensure product safety during transit. E-commerce giants like Amazon, Alibaba, and Flipkart heavily rely on corrugated boxes for packaging various products, from electronics to food items. Additionally, the demand for custom-printed and branded corrugated packaging is rising, allowing companies to enhance their brand identity. With global e-commerce sales continuing to surge, particularly in emerging economies, the need for high-quality corrugated packaging solutions will persist. Innovations such as easy-to-open designs and tamper-proof packaging further strengthen the market outlook.

Sustainability and Eco-Friendly Packaging Trends

Sustainability has become a crucial factor shaping the corrugated board packaging market. Consumers and businesses alike are prioritizing environmentally friendly packaging solutions to reduce carbon footprints and comply with regulatory guidelines. Corrugated packaging, made primarily from recycled paper and biodegradable materials, aligns with this trend. Governments across regions are imposing stringent packaging waste regulations, encouraging companies to adopt sustainable practices. Additionally, brands emphasizing corporate social responsibility (CSR) initiatives prefer recyclable and compostable packaging solutions. Innovations in water-based inks, recyclable coatings, and reduced material wastage contribute to the increasing demand for eco-conscious corrugated board packaging. As industries transition toward circular economy principles, the adoption of sustainable packaging materials will accelerate.

Technological Advancements in Packaging Design

The integration of advanced packaging technologies is revolutionizing the corrugated board packaging industry. Digital printing technologies enable high-quality, customizable packaging solutions that cater to branding needs. Smart packaging innovations, such as RFID tags and QR codes, enhance traceability and consumer engagement. Structural improvements in corrugated box designs, including reinforced edges and lightweight durability, ensure optimal product protection while minimizing material usage. Automation in manufacturing processes has also improved production efficiency and cost-effectiveness. Additionally, the use of water-resistant coatings and anti-microbial treatments in corrugated packaging enhances its application in food and healthcare sectors. These technological advancements are expected to drive market growth by offering enhanced functionality and customization.
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Growing Demand from the Food and Beverage Industry

The food and beverage sector is a significant consumer of corrugated board packaging, utilizing it for transporting perishable goods, beverages, and packaged foods. The shift toward sustainable food packaging solutions has encouraged the use of recyclable corrugated materials. Corrugated boxes with moisture-resistant coatings ensure the safety and longevity of food products. The increasing preference for takeaway and home delivery services has further propelled demand for sturdy, food-grade corrugated packaging. Additionally, advancements in packaging designs, such as ventilated fruit and vegetable boxes, improve product shelf life. As consumer preferences shift toward sustainable food packaging, the market for corrugated board solutions is set to witness substantial growth.

Regional Market Dynamics and Growth Potential

The corrugated board packaging market is expanding globally, with significant growth observed in Asia-Pacific, North America, and Europe. Asia-Pacific dominates the market due to rapid industrialization, urbanization, and the booming e-commerce sector in countries like China and India. North America and Europe are witnessing steady growth, driven by strong demand from the retail and food sectors, coupled with stringent environmental regulations promoting sustainable packaging. The Middle East and Africa are also emerging as potential markets due to increasing investments in logistics and trade. Regional dynamics, influenced by trade policies, manufacturing capacities, and technological advancements, shape market opportunities. With increased focus on recycling initiatives and sustainable packaging regulations, regional markets are adapting to evolving industry demands.

Competitive Landscape and Key Players

The corrugated board packaging industry is highly competitive, with major players focusing on innovation, sustainability, and strategic partnerships. Leading companies such as Smurfit Kappa, International Paper, DS Smith, and WestRock dominate the market, continuously investing in new packaging technologies. Mergers and acquisitions are common, allowing companies to expand their geographical presence and production capacities. Additionally, mid-sized and emerging packaging companies are innovating with eco-friendly materials and lightweight packaging solutions to gain market share. The increasing demand for customized and digitally printed corrugated boxes has intensified competition among manufacturers. The industry is expected to see continued investments in automation, material innovation, and sustainability initiatives.

Future Market Outlook and Emerging Trends

The future of the corrugated board packaging market looks promising, with continued demand from e-commerce, food, and pharmaceutical industries. The shift toward lightweight, high-strength packaging materials will drive innovation in design and manufacturing. Sustainable packaging trends will dominate, with an increasing focus on biodegradable coatings and reusable packaging models. The rise of AI-driven packaging design and smart logistics solutions will further enhance the efficiency of corrugated packaging. As global regulations push for eco-friendly alternatives, manufacturers will invest in circular economy solutions. Emerging trends such as digital printing advancements, supply chain optimization, and new material developments will shape the market landscape over the next decade.

Geographic Dominance:

The Asia-Pacific region dominates the corrugated board packaging market, driven by rapid industrialization, urbanization, and the booming e-commerce sector. Countries like China, India, and Japan lead the market due to their expanding retail industries, rising disposable incomes, and increasing demand for sustainable packaging solutions. North America and Europe also hold significant market shares, supported by strong environmental regulations promoting recyclable and biodegradable packaging. The United States remains a key contributor, with major retail and logistics companies relying on corrugated packaging for efficient supply chain management. Europe’s focus on sustainability and circular economy initiatives fuels the adoption of eco-friendly corrugated materials. Meanwhile, the Middle East, Africa, and Latin America are emerging markets, with growing investments in infrastructure and logistics. As companies expand their global footprints, regional dynamics will continue shaping market trends, with Asia-Pacific expected to maintain its leadership due to its vast manufacturing and consumption base.

Corrugated Board Packaging Market Key Players Shaping the Future

Leading companies shaping the future of the corrugated board packaging market include Smurfit Kappa, International Paper, DS Smith, WestRock, Mondi Group, Packaging Corporation of America, Georgia-Pacific, Rengo Co. Ltd., Nine Dragons Paper, and Pratt Industries. These key players focus on innovation, sustainability, and strategic expansions to strengthen their market positions. Investments in advanced packaging technologies, eco-friendly materials, and automation drive their competitive edge. Mergers, acquisitions, and collaborations help expand production capacities and geographic reach, ensuring continued market leadership in the evolving packaging industry.

Corrugated Board Packaging Market Segment Analysis

The Corrugated Board Packaging Market is segmented based on By Type, By Application and Geography, offering a comprehensive analysis of the industry.

1. By Type

Single-Wall Corrugated Board – Commonly used for lightweight packaging applications, providing cost-effective and durable protection.Double-Wall Corrugated Board – Offers enhanced strength and durability, ideal for heavier products and industrial applications.Triple-Wall Corrugated Board – Used for extremely heavy-duty packaging, often replacing wooden crates in logistics and transportation.Microflute Corrugated Board – Lightweight and thin, widely used for retail packaging, displays, and high-quality printing applications.

2. By Application

Food & Beverage – Used for packaging perishable and processed foods, beverages, and takeaway containers with moisture-resistant coatings.E-Commerce & Retail – Essential for shipping boxes, custom-printed branding, and protective packaging for online orders.Pharmaceuticals – Provides secure, tamper-proof, and sterile packaging for medicines, medical devices, and healthcare products.Electronics & Consumer Goods – Protects fragile and high-value electronics with anti-static and cushioned corrugated solutions.Industrial & Automotive – Used for transporting spare parts, heavy machinery, and bulk industrial products.

3. By Geography

Asia-Pacific – The largest market, driven by high e-commerce growth, manufacturing expansion, and increasing sustainability regulations.North America – Strong presence due to the retail boom, high demand for recyclable packaging, and innovations in digital printing.Europe – Growth fueled by stringent environmental laws and strong adoption of eco-friendly, biodegradable packaging solutions.Latin America – Emerging market with growing industrialization and rising demand for cost-effective packaging solutions.Middle East & Africa – Increasing investments in logistics and food packaging drive demand for corrugated board solutions.

Packaging

Corrugated board packaging is a preferred solution across industries due to its durability, lightweight nature, and recyclability. Made from fluted corrugated sheets sandwiched between linerboards, it provides excellent cushioning and protection for products during storage and transportation. The packaging is widely used in e-commerce, food and beverage, pharmaceuticals, and industrial applications. With increasing demand for sustainable packaging, manufacturers are focusing on biodegradable coatings, water-based inks, and recyclable materials. Advanced printing technologies also enable custom branding and product-specific packaging solutions. As businesses prioritize eco-friendly and cost-effective packaging, the corrugated board packaging market is poised for steady growth.

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Technology

Cyngn Reports 2026 1st Quarter Financial Results

Published

43 minutes ago

May 13, 2026

Recent Operating Highlights:

Reported record expansion activity among enterprise customers, including additional autonomous vehicle deployments at existing customer sites.Expanded deployment activity across manufacturing, logistics, and agriculture environments, including new deployments at Vann Family Orchards and a WEG electric motor manufacturing facility.Continued investment in enterprise fleet management capabilities, including on-prem deployment options designed to support larger fleet operations and complex customer environments.Demonstrated accelerating operational utilization across customer sites, with Q1 2026 autonomous missions completed increasing more than 127% year-over-year and autonomous driving time increasing more than 60%.Expanded its intellectual property portfolio with the issuance of its 24th U.S. patent.Strengthened strategic relationships through continued collaboration with NVIDIA Isaac Sim.Closed $9.65 million registered direct offering, extending the company’s runway until 2028.

MOUNTAIN VIEW, Calif., May 13, 2026 /PRNewswire/ — Cyngn (NASDAQ: CYN) announced continued commercial and operational progress during the first quarter of 2026, reflecting growing enterprise adoption of its autonomous vehicle solutions and increasing deployment scale across customer environments.

During the quarter, Cyngn continued deepening its footprint within existing enterprise accounts, expanding autonomous vehicle deployments across additional routes, workflows, and facilities while enhancing the platform capabilities required to support larger fleet operations. Initial single-route deployments are increasingly evolving into broader automation initiatives spanning additional workflows, facilities, and vehicles.

This expansion dynamic was reflected in customer utilization metrics during the quarter. Across deployed environments, autonomous missions completed increased more than 127% year-over-year during Q1 2026, while autonomous driving time increased more than 60%. These gains reflect increasing operational adoption as customer sites transition autonomous vehicles into fuller production use.

Cyngn also continued expanding its commercial footprint across multiple industrial sectors. During the quarter, the company announced deployments at Vann Family Orchards and a WEG electric motor manufacturing facility, further extending the reach of its DriveMod Tugger platform across manufacturing, agriculture, and industrial material handling environments.

Alongside deployment growth, Cyngn continued investing in enterprise capabilities designed to support larger-scale customer opportunities. The company expanded development efforts around fleet management, operational scalability, and on-prem deployment configurations, enabling customers to deploy autonomous vehicle systems within more complex operational and IT environments.

Cyngn also strengthened its technology and intellectual property position during the quarter. The company was awarded its 24th U.S. patent and continued collaboration efforts involving NVIDIA Isaac Sim, supporting simulation, validation, and development workflows for autonomous vehicle deployments.

In March, Cyngn completed a $9.65 million registered direct offering, providing additional liquidity to support ongoing operations and growth initiatives, extending its runway to 2028.

The company believes these developments position Cyngn to pursue larger enterprise opportunities while deepening expansion within its existing customer base.

Q1 2026 Three Month Financial Review:

Revenue in Q1 2026 was $105 thousand compared to $47 thousand in the first quarter of 2025. Similar to prior year, first quarter of 2026 revenue consisted of EAS software subscriptions from DriveMod tugger vehicle deployments.

Total costs and expenses in the first quarter were $7.1 million, an increase of $1.8 million or 34% from $5.3 million in the first quarter of 2025. This increase was due to a $1.0 million increase in general and administrative (G&A) expenses, primarily driven by an increase in board of director’s pay in lieu of the equity component of the director compensation program for 2025 and an increase in marketing and advertising expenses. In addition, the company experienced a $0.8 million increase in research and development (R&D), primarily due to the change in accounting estimate related to capitalized software. There was an increase of $46 thousand in cost of revenue due to the deployment costs being recognized over the life of the awarded contracts. For the first quarter of 2026, other income (expense), net was $0.5 million compared to $1.3 million in the first quarter of 2025. The decrease in other income was primarily driven by the fair value measurement of warrants issued in the first quarter of 2025.

Net loss for the first quarter was $(6.5) million compared to $(3.9) million in the corresponding quarter of 2025. First quarter net loss per share was $(0.59), based on basic and diluted weighted average shares outstanding of approximately 11 million in the quarter. This compares to a net loss per share of $(3.40) in the first quarter of 2025, based on approximately 1.2 million basic and diluted weighted average shares outstanding.

Balance Sheet Highlights:

Cyngn’s unrestricted cash and short-term investments as of March 31, 2026 totaled $44.4 million compared to $34.7 million as of December 31, 2025. At the end of the same period, working capital was $45.8 million and total stockholders’ equity was $50.6 million, as compared to year-end working capital of $34.4 million and total stockholders’ equity of $38.8 million, respectively as of December 31, 2025. The Company had no debt as of March 31, 2026 and December 31, 2025 and to date, no member of the current management team has sold any shares of the Company’s stock.

CYNGN INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

Three Months Ended

March 31,

2026

2025

Revenue

104,573

47,152

Costs and expenses

Cost of revenue

57,350

11,813

Research and development

2,889,253

2,106,910

General and administrative

4,099,741

3,143,462

Total costs and expenses

7,046,344

5,262,185

Loss from operations

(6,941,771)

(5,215,033)

Other income, net

Interest income, net

22,070

74,819

Change in fair value of warrant liabilities

‒

1,136,677

Other income, net

432,942

91,890

Total other income, net

455,012

1,303,386

Net loss

(6,486,759)

(3,911,647)

Net loss per share attributable to common stockholders, basic and diluted

(0.59)

(3.40)

Weighted-average shares used in computing net loss per share attributable to
common stockholders, basic and diluted

11,008,586

1,150,882

CYNGN INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

March 31,

December 31,

2026

2025

ASSETS

CURRENT ASSETS

Cash and cash equivalents

5,131,502

990,023

Short-term investments

39,245,418

33,736,091

Accounts and other receivables

2,731,893

1,544,213

Inventory

1,784,315

2,039,655

Prepaid expenses and other current assets

1,034,644

910,605

TOTAL CURRENT ASSETS

49,927,772

39,220,587

NON-CURRENT ASSETS

Property and equipment, net

3,467,825

3,268,196

Right of use asset, net

5,754,120

5,971,800

Intangible assets, net

462,091

466,223

Other non-current assets

1,346,084

1,126,409

TOTAL NON-CURRENT ASSETS

11,030,120

10,832,628

TOTAL ASSETS

60,957,892

50,053,215

LIABILITIES AND STOCKHOLDERS’ DEFICIT

CURRENT LIABILITIES

Accounts payable

372,714

217,439

Deferred revenue

2,249,955

1,658,015

Accrued expenses and other current liabilities

862,020

2,615,734

Current operating lease liability

650,312

312,365

TOTAL CURRENT LIABILITIES

4,135,001

4,803,553

NON-CURRENT LIABILITIES

Non-current operating lease liability

6,253,061

6,495,256

TOTAL NON-CURRENT LIABILITIES

6,253,061

6,495,256

TOTAL LIABILITIES

10,388,062

11,298,809

Commitments and Contingencies (Note 12)

STOCKHOLDERS’ EQUITY

Preferred stock, Par $0.00001, 10 million shares authorized; no shares issued and
outstanding as of March 31, 2026 and December 31, 2025

‒

Common stock, Par $0.00001; 400,000,000 shares authorized as of March 31, 2026
and December 31, 2025; 13,608,281 and 7,974,380 shares issued and outstanding
as of March 31, 2026 and December 31, 2025, respectively

136

Additional paid-in capital

273,878,924

255,576,797

Accumulated deficit

(223,309,230)

(216,822,471)

TOTAL STOCKHOLDERS’ DEFICIT

50,569,830

38,754,406

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT

60,957,892

50,053,215

CYNGN INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

Three Months Ended

March 31,

2026

2025

CASH FLOWS FROM OPERATING ACTIVITIES

Net loss

(6,486,759)

(3,911,647)

Adjustments to reconcile net loss to net cash used in operating activities:

Depreciation and amortization

316,605

240,907

Stock-based compensation

386,289

536,244

Realized gain on short-term investments

‒

(67,160)

Accretion on short-term investments

(432,942)

‒

Change in fair value of warrant liability

‒

(1,136,677)

Change in assets and liabilities:

Accounts and other receivables

(1,187,681)

‒

Inventory

255,340

‒

Prepaid expenses, operating lease right-of-use assets, and other assets

(343,714)

(941,529)

Accounts payable

155,275

33,888

Deferred revenue

591,940

‒

Accrued expenses, lease liabilities, and other current liabilities

(1,657,962)

(1,267,094)

Net cash used in operating activities

(8,403,609)

(6,513,068)

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of property and equipment

(289,489)

(178,453)

Acquisition of intangible asset

(4,932)

(655,574)

Disposal of assets

‒

1,960

Purchase of short-term investments

(20,978,738)

(23,015,397)

Proceeds from maturity of short-term investments

15,902,353

7,746,155

Net cash used in investing activities

(5,370,806)

(16,101,309)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from at-the-market equity financing, net of issuance costs

9,166,427

‒

Proceeds from public issuance of common stock, net of offering costs

8,749,467

‒

Issuance costs for public issuance of common stock and pre-funded warrants and
exercise of pre-funded warrants

‒

(1,025)

Net cash provided by (used in) financing activities

17,915,894

(1,025)

Net increase (decrease) in cash and cash equivalents

4,141,479

(22,615,402)

Cash and cash equivalents at beginning of period

990,023

23,617,733

Cash and cash equivalents at end of period

5,131,502

1,002,331

Supplemental disclosure:

Acquisition of property and equipment included in accounts payable and accrued
expenses

21,405

17,441

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn’s DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT-160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers.

Investor Contact:
Natalie Russell
CFO
investors@cyngn.com

Media Contact:
Luke Renner
Head of Marketing
media@cyngn.com

Where to Find Cyngn:

Website: https://cyngn.comX: https://x.com/cyngnLinkedIn: https://www.linkedin.com/company/cyngnYouTube: https://www.youtube.com/@cyngnhq

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company’s annual report on Form 10-K filed with the SEC on March 26, 2026. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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SOURCE Cyngn

Technology

MDJM LTD to Host Virtual Investor Meeting on May 15, 2026

Published

43 minutes ago

May 13, 2026

LETHAM, Scotland, May 13, 2026 /PRNewswire/ — MDJM LTD (OTC: UOKAF) (the “Company” or “MDJM”), an integrated global culture-driven asset management company, today announced that it will host a virtual investor meeting via Zoom on Friday, May 15, 2026, beginning at 9:30 a.m. Eastern Time.

During the meeting, the Company’s management team is expected to present the Company’s vision for its current business stage and related challenges, recent business developments and milestones, ongoing strategic initiatives, and future development plans, including advancements in international animation intellectual property development and international collaboration initiatives, Scottish cultural project and animation museum development, as well as acquisition and commercialization initiatives.

The virtual investor meeting will be open to investors and interested parties.

Virtual Investor Meeting Details

Date: Friday, May 15, 2026, 9:30 a.m. ET

Zoom Meeting Link: https://us06web.zoom.us/j/87101151746?pwd=UO71grewBaO7g9FpiOB8IEhqjSTuM7.1

Meeting ID: 871 0115 1746

Passcode: 319270

About MDJM LTD

MDJM LTD is a global culture-driven asset management company focused on transforming historical properties into cultural hubs that integrate modern digital technology with rich historical value. The Company has been expanding its operations in the UK, where it is developing projects such as Fernie Castle in Scotland and the Robin Hill Property in England. These properties are being remodeled into multi-functional cultural venues that will feature fine dining, hospitality services, art exhibitions, and cultural exchange events. Fernie Castle is undergoing comprehensive architectural and landscape renovation planning in design collaboration with renowned architectural firm Kengo Kuma and Associates. As part of its broader strategy, MDJM seeks to position itself as a hub for artisan exchanges, art shows, and sales, leveraging its historical properties as platforms for promoting Eastern and Western cultural exchanges. This initiative reflects the Company’s commitment to furthering its global market expansion and enhancing its cultural business footprint. For more information regarding the Company, please visit https://www.ir-uoka.com/.

Forward-Looking Statements

This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends 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 “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update 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 annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.

Investor Contact:

Sherry Zheng

WAVECREST GROUP INC.

Phone: +1 718-213-7386

Email: sherry@wavecrestipo.com

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SOURCE MDJM LTD

Technology

Lam Research Corporation Announces Participation at Upcoming Conferences

Published

43 minutes ago

May 13, 2026

FREMONT, Calif., May 13, 2026 /PRNewswire/ — Lam Research Corporation (Nasdaq: LRCX) today announced that Tim Archer, President and Chief Executive Officer, and Doug Bettinger, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor conferences:

Tim Archer: Bernstein Strategic Decisions Conference on May 27, 2026, at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time)

Doug Bettinger: Bank of America Global Technology Conference on June 2, 2026, at 9:20 a.m. Pacific Time (12:20 p.m. Eastern Time)

Live audio webcasts of these presentations will be available to the public and can be accessed from the Investors section of Lam’s website at www.lamresearch.com. A replay of the audio webcasts will be available for two weeks following the respective presentation dates.

About Lam Research

Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com.

IR Contact:

Ram Ganesh
Investor Relations
(510) 572-1615
investor.relations@lamresearch.com

Source: Lam Research Corporation (Nasdaq: LRCX)

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SOURCE Lam Research Corporation