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LG CNS Expands North American AX Business, Supporting Smart Factory Transformation for SMEs

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Showcases technologies at IoT Tech Expo 2026 in San Jose on May 18-19 together with global industry leaders including IBM, SAP, and DeloitteIntroduces Factova, an AI-powered smart factory solution designed to boost production optimization and factory intelligence at SMEsUnveils AI solutions for ultra-precise process control in semiconductor and aerospace manufacturing, along with AI-driven environmental, health and safety management services

SEOUL, South Korea, May 19, 2026 /PRNewswire/ — LG CNS is accelerating its expansion into the North American manufacturing AX market with advanced AI-powered smart factory solutions.

The company participated in the IoT Tech Expo 2026 in San Jose on May 18–19 and was the sole Korea-based exhibitor at the event. The annual trade show, which highlights the latest IoT and AI-powered technologies, attracts more than 200 global technology and manufacturing companies and approximately 8,000 industry professionals. This year, IBM, SAP, and Deloitte hosted exhibition booths, while NVIDIA and Schneider Electric participated as conference speakers.

Introducing Factova: AI-powered Smart Factory Solution for Production Optimization and Intelligent Manufacturing for SMEs

LG CNS used the event to present the core offerings of its integrated smart factory brand, Factova, to a global audience. Factova leverages AI, big data, and IoT technologies across the entire manufacturing process to optimize production operations and drive intelligent factory transformation. The solution draws on over two decades of technological expertise and operational know-how gained from manufacturing projects in Korea and around the world.

LG CNS is expanding the availability of the Factova platform, proven at large-scale manufacturing sites, to small and mid-sized manufacturers. Factova MES, the flagship solution, is a manufacturing execution system that centrally manages end-to-end production workflows. It uses AI to collect and analyze shop-floor data in real time to reduce inefficiencies in the production process and optimize overall factory operations. Its functions are offered in modular form based on different process types in each industry, enabling customers to start with the core capabilities they need and add extended features as their smart factory matures.

LG CNS also showcased Factova Control, a solution designed to integrate and manage data at the production equipment level. Factova Control gathers and standardizes real-time data from equipment supplied by different vendors and enables centralized control across the line. It also integrates seamlessly with higher-level operational systems such as MES, and enhances production stability through AI-driven anomaly detection and predictive failure diagnostics. For instance, it analyzes real-time data such as motor current, temperature, and vibration to identify early warning signs of abnormalities, supporting the transition from manual inspections by field engineers to AI-driven predictive maintenance. Factova Control is currently deployed across more than 100,000 machines at manufacturing sites worldwide.

AI Solutions for Ultra‑precise Process Control in Semiconductors and Aerospace, Plus AI‑powered Safety and Environment Services

LG CNS also introduced solutions for industries that require ultra-precise process control, including semiconductors, displays, aerospace, and medical devices. By leveraging equipment anomaly detection (FDC), statistical process control (SPC), and out-of-control action plan (OCAP) solutions, these offerings help predict process defects in advance and maximize production yield through data-driven process optimization.

The company also demonstrated its Gen AI Safety Management service at the event. The service enables shop-floor workers to use a mobile app to take photos of incidents and upload voice memos. Generative AI then automatically analyzes the images to log incident details in the system. The service also provides initial response guidelines based on similar historical cases. It attracted significant interest from trade show participants due to the growing importance of environmental, health, and safety (EHS) management at manufacturing sites.

Korean manufacturers that have adopted Factova are already reporting measurable improvements. At one battery plant, the share of conforming products exceeded 90 percent within just one month of deployment, enabling the plant to quickly stabilize production and cut return costs for defective products by approximately 70 percent. At another electronics manufacturing facility, shop-floor productivity increased by roughly 20 percent, with more than 90 percent of process data now being collected automatically.

“We are accelerating our expansion into the North American market by leveraging our deep smart factory build-and-operation experience gained from large-scale manufacturing sites and our advanced AX technology capabilities,” said Jun-ho Lee, CEO of LG CNS America. “We will continue to leverage our diverse smart factory solutions to help small and mid-sized manufacturers achieve their vision for AI-based intelligent factories.”

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SOURCE LG CNS

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GROWNSY Debuted an Exciting New Line of Innovative Baby Care Products at ABC Kids Expo 2026

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NEW YORK, May 19, 2026 /PRNewswire/ — GROWNSY, a baby care innovator trusted by over 3 million households globally, showcased its latest innovations at the 2026 ABC Kids Expo, held May 13-15 at the Mandalay Bay Hotel & Convention Center in Las Vegas. The brand exhibited at Booth #2011, where the brand introduced exclusive new products making their debut alongside beloved fan favorites that have become trusted staples for parents everywhere.

“The 2026 ABC Kids Expo was a proud moment for Grownsy,” said Yvonne, CEO of Grownsy. “It gave us the opportunity to connect with the parenting community face to face, debut products we’ve been passionate about developing, and shine a spotlight on the fan favorites that have made us a trusted name in over 3 million households.”

The overall theme for GROWNSY’s new collection is rooted in real parenting routines and reflects the brand’s philosophy of ‘Grow Smart, Made Easy.’ Positioned as the go-to brand for modern parents who want smart, simplified solutions for every stage of the parenting journey,

GROWNSY continues to build practical solutions for modern families spanning baby care, outdoor, travel, and everyday essentials: all designed to reduce extra steps, keep families prepared, and make confident parenting possible wherever the day takes them.

GROWNSY’s 2026 product lineup highlights innovative solutions across feeding, baby care, nursery, and travel essentials designed to simplify everyday parenting.

Feeding Collection
Baby Food Maker: a multi-purpose steam and blend baby food maker simplifies homemade feeding with an innovative 2-in-1 design that steams and blends ingredients in one convenient appliance

Baby Care Collection
SniffEase Spa 3-in-1 Nasal Aspirator: combines Spray, Suction, and Micro-Mist in one thoughtfully designed system.

Nursery Collection
Bassinet Bedside Sleeper: converts into a bedside bassinet with a drop-down side, keeping your newborn within arm’s reach for night feeding and soothing. Side easily lowers and locks securely to most adult beds for safe co-sleeping.

Travel Collection
Portable Bottle Warmer: a detachable warming and feeding device designed to help parents feed with fewer steps when they are away from home.

In addition to an assortment of new products, GROWNSY’s booth saw impressive foot traffic throughout the expo, drawing in key retail buyers from major names including Walmart and Target, international retailers, and notable media outlets such as Wirecutter, Forbes Vetted, Consumer Reports, and Babylist. The energy was high as attendees explored the collection, engaged with the GROWNSY team, and got a firsthand look at what the brand has in store.

Highlights from the show

TV Interview: Popular local TV show, Las Vegas Morning Blend on KTNV Channel 13, the local ABC affiliate, attended the GROWNSY booth where host Elliott Bambrough interviewed Jordan Lux, GROWNSY’s Strategic Communications Director about GROWNSY’s rebrand and an introduction to the new 2026 products.Forbes Vetted stopped by the GROWNSY booth and included the SniffEase Spa 3-in-1 Nasal Aspirator in their ABC roundup about new and noteworthy products.Interactive Demos: Hands-on product experiences with expert brand repsInstagram Live: GROWNSY hosted TikTok and Instagram Live events to give followers a firsthand look at its newest products and celebrate the launch with a giveaway featuring the Portable Bottle Warmer and SniffEase Spa 3-in-1 Nasal Aspirator.

What’s Next for GROWNSY

GROWNSY plans to continue connecting with families through upcoming in-person events, including The Prego Expo and additional community meetups throughout the year. Keep up with GROWNSY’s latest innovations, product launches, and announcements by following GROWNSY on Facebook, Instagram, and TikTok.

Facebook: FacebookInstagram: InstagramTikTok: TikTok

About GROWNSY

GROWNSY designs thoughtful baby care solutions that fit naturally into modern family life. We believe parenting does not need more noise; it needs clarity, trust, and smart-designed support. Guided by evidence and shaped by real family routines, our products simplify everyday essentials across feeding, hygiene, and early childhood care. From smart feeding tools to intuitive hygiene systems, every detail is created with one purpose: to reduce friction and create space for families to grow. At GROWNSY, growth is not about doing more. It is about growing smart and making it easier along the way.

Grow smart, made easy.

Learn more at www.GROWNSY.com

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SOURCE GROWNSY

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Agoda: Malaysian travelers are making travel in 2026 more value-led, 63% open to lesser-known destinations for lower costs

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SINGAPORE, May 20, 2026 /PRNewswire/ — Digital travel platform Agoda has revealed that value is emerging as an important factor in how Malaysians travel in 2026, influencing everything from accommodation choices to destination planning. According to Agoda’s 2026 Travel Outlook Report, 63% of travelers are willing to consider lesser-known destinations if it means lower costs, signaling a shift toward more intentional and cost-conscious travel behavior.

Agoda’s findings also highlight how this value-driven mindset is reflected in both spending habits and destination choices. Malaysian travelers are showing a clear preference for travel that delivers value without losing sight of the overall experience. Nearly two-thirds (64%) expect to spend US$50 or less per night on accommodation in 2026, while 59% say price is the single most important factor when choosing where to stay. This reinforces how value is not only influencing openness to discover alternative destinations but also shaping spending decisions.

Beyond spending considerations, Agoda’s findings also point to a shift in how Malaysians are planning their trips and what they prioritize when they travel.

Local and frequent travel remain part of the picture
Malaysian travelers are also adjusting how often and how far they travel, as value-driven decisions make shorter, more frequent, and closer-to-home trips more appealing. 47% expect most of their trips in 2026 to be domestic, while 37% plan to take four to six trips over the year. The most common trip length is four to seven days (42%), reflecting a shift toward travel that is more manageable, cost-conscious, and easier to fit into everyday life.

Relaxation, family and food continue to shape travel plans
Even with affordability front of mind, Malaysians are still prioritizing the experiences they value most. Relaxation is the top reason Malaysians expect to travel in 2026, cited by 69% of respondents. Culinary experiences follow at 33%, highlighting the continued role food plays in destination appeal. Travel also remains deeply social, with 59% saying they plan to travel with family, while 28% expect to travel with their spouse or partner.

Fabian Teja, Country Director, Malaysia and Brunei at Agoda, said: “Malaysian travelers are planning more carefully and placing greater emphasis on value. Agoda’s latest findings show that cost matters, but so does making each trip count. Travelers are looking for options that help them manage their budgets while still enjoying the experiences that matter most, whether that is rest, time with loved ones, or discovering good food. Agoda brings these elements together by making it easier to book flights, accommodation and activities in one place with great value deals.”

With over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, Agoda enables travelers to plan and combine every part of their journey in one place at affordable prices. The platform supports different travel styles and preferences, making it easier to plan trips that fit individual pace and priorities. Discover more on Agoda’s mobile app or at Agoda.com.

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SOURCE Agoda

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Forthright Securities and Forthright Capital have secured SFC Virtual Asset Uplift Approval, making them among the few fintech-licensed brokerages to receive simultaneous uplift approval for three types of licenses.

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HONG KONG, May 20, 2026 /PRNewswire/ — Forthright Securities Company Limited and Forthright Capital Company Limited, subsidiaries of JF SmartInvest Holdings Ltd (9636.HK), have officially received approval from the Securities and Futures Commission of Hong Kong (SFC) to add virtual asset-related business capabilities to their existing Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) regulated activities.

According to public records, this marks the  one of few fintech licensed brokerages in Hong Kong has simultaneously obtained virtual asset business qualifications across Type 1, Type 4, and Type 9 licences. This means Forthright now possesses the full regulatory qualification to offer clients a complete suite of virtual asset services encompassing “trade execution + investment advisory + asset management” within a compliant framework.

One Account, One Service, Full Asset Coverage

The current licensed virtual asset ecosystem in Hong Kong is primarily composed of two types of institutions: one category consists of virtual asset trading platforms (VATPs) holding dedicated VATP licences, with order matching as their core function; the other comprises licensed institutions that have obtained VA business qualifications on top of their traditional securities licences, enabling them to integrate virtual assets into broader investment services and asset management frameworks.

Industry observers note that for investors, mere trading access is no longer a scarce resource. The real pain point lies in how to incorporate virtual assets into overall asset allocation while receiving professional advisory and portfolio management services. With all three qualifications now in place, Forthright has become one of the few licensed institutions in the market capable of simultaneously addressing “how to buy, what to buy, and how to manage.”

Upon completion of the licence upgrade, Forthright’s clients will be able to manage Hong Kong and US equities alongside virtual assets within a single platform and unified account system, with access to professional investment advisory and asset management services covering both asset classes. In terms of service delivery, Forthright is leveraging the Group’s long-standing capabilities in AI and investment research technology to build a next-generation service system driven by “AI + Advisory,” deeply applying artificial intelligence to investment research, client services, and allocation recommendations, delivering personalised cross-asset allocation solutions tailored to clients with varying risk appetites.

A spokesperson for Forthright Securities stated: “Virtual assets are evolving from a standalone trading category into an integral component of global asset allocation. The market’s next growth driver does not lie in the number of platforms, but in the ability to truly embed virtual assets within a professional investment service ecosystem. This is precisely where Forthright’s differentiation lies, and the direction in which we continue to invest.”

Forthright will strictly comply with the SFC’s latest regulatory requirements for virtual asset businesses in its compliance deployment, ensuring that clients participating in virtual asset investments enjoy the same level of investor protection as in traditional securities services.

Internet Brokerages Accelerate Expansion into Virtual Assets

From an industry perspective, since the SFC established its clear licensing regime for virtual assets in 2023, multiple internet brokerages and traditional financial institutions have successively applied for or obtained relevant business qualifications. Forthright’s approval is viewed by the market as another landmark event in internet brokerages’ deepening expansion into the virtual asset space. Unlike most institutions that have only obtained trading qualifications, Forthright’s simultaneous approval across trading, advisory, and asset management signifies that it now possesses complete infrastructure spanning product capability to regulatory qualification, and is well-positioned to drive Hong Kong’s virtual asset market evolution from single-transaction scenarios toward professional allocation services.

As a Hong Kong-listed investment research and technology group, JF SmartInvest Holdings Ltd (9636.HK) has been steadily advancing its overseas business expansion in recent years. Forthright, as the Group’s licensed brokerage platform, is positioned as a next-generation internet brokerage driven by “AI + Advisory.” The successful landing of all three virtual asset business qualifications is regarded as a pivotal step in the Group’s expansion of its financial services footprint in Hong Kong, and provides substantive licensing support for its strategic positioning as a “full asset allocation platform.”

Analysts suggest that as the global regulatory framework for virtual assets becomes increasingly clear, the competitive focus in the Hong Kong market is shifting from “who can obtain a licence” to “who can provide more comprehensive services.” Under this logic, institutions simultaneously holding trading, advisory, and asset management qualifications may gain a first-mover advantage in the next phase of client acquisition within fintech brokerage business sector.

About Forthright Securities

Forthright Securities Company Limited (“Forthright Securities”) is a licensed brokerage under JF SmartInvest Holdings Ltd (9636.HK), holding SFC Type 1, 2, 4, and 5 licences along with virtual asset business qualifications. Driven by “AI + Advisory,” it is rooted in Hong Kong with a global investment outlook, and is committed to becoming a next-generation internet brokerage that better understands clients, delivers faster service, and provides stronger investment research in the AI era.

Forthright Securities (CE No.: BGP713) holds SFC licences for Type 1 (Dealing in Securities), Type 2 (Dealing in Futures Contracts), Type 4 (Advising on Securities), and Type 5 (Advising on Futures Contracts) regulated activities. Forthright Capital Management Limited (“Forthright Capital”) (CE No.: BEL626) holds SFC licences for Type 1 (Dealing in Securities), Type 4 (Advising on Securities), and Type 9 (Asset Management) regulated activities. In May 2026, Forthright Securities and Forthright Capital simultaneously completed their licence condition upgrades, adding virtual asset-related business qualifications to their existing Type 1, Type 4, and Type 9 regulated activities. Forthright Wealth Management Limited holds general insurance and long-term insurance licences issued by the Hong Kong Insurance Authority (Insurance Intermediary Licence No.: FB1459).

For more information, please visit Forthright Securities’ official website at www.forthright-sec.com

This information is provided for your general reference only and does not take into account the investment objectives, financial situation, or specific needs of any individual. It does not constitute an offer, solicitation, invitation, promotion, inducement, representation, or warranty of any kind or form, nor does it constitute any opinion or recommendation to buy or sell any securities, financial products, or instruments described herein. You should seek independent professional advice before making any investment or financial decisions or purchasing any investment products. Investments in virtual assets are high-risk and may result in the loss of your entire investment.

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SOURCE Forthright Securities

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