SHANGHAI, May 27, 2026 /PRNewswire/ — Viewtrix Technology, a portfolio company of Qiming Venture Partners and a leading display chip design enterprise in China, successfully listed on the Hong Kong Stock Exchange, marking the sixth IPO for Qiming Venture Partners since the beginning of the year. Viewtrix Technology (03310.HK) offered its shares at a price of HK$20.81 per share and opened at HK$25.48 per share with a market capitalization of HK$10.9 billion.

As early as 2019, Qiming Venture Partners led the Series C financing of Viewtrix Technology and continued to support the company’s development in the subsequent Series D financing.

Founded in 2012, Viewtrix Technology is committed to providing reliable and high-performance display driver solutions for consumer electronics brands. Adopting a Fabless business model, the company offers AMOLED display driver chips mainly for smartphones and Micro-OLED display backplanes/drivers mainly for VR/AR devices. With years of technological accumulation and product iteration, Viewtrix Technology has firmly established itself as a key player in the display driver chip industry. It is not only the first company based in Chinese mainland to receive brand company certification for AMOLED DDICs, but also the only one to have shipped over 10 million units to these companies.

Viewtrix Technology’s AMOLED DDICs have been mass-produced and delivered to various top smartphone companies globally featuring in over 10 different product series. These smartphone companies collectively hold more than a quarter of the global market share. According to Frost & Sullivan, Viewtrix Technology is the fifth-largest supplier, and the largest Chinese mainland-based supplier, in the global smartphone AMOLED DDIC market in terms of sales volume in 2024. In addition, Viewtrix Technology is a key supplier in the Micro-OLED display backplane/driver, ranking second in global sales volume, and it is also the largest independent supplier headquartered in China in this field.

Alex Zhou, Managing Partner of Qiming Venture Partners stated: “In 2019, China’s semiconductor industry was entering a period of rapid growth, and China’s mobile phone industry had taken a leading position globally. Tracing upstream from downstream terminal demand, the display chip sector featured strong industrial logic and growth potential. Back then, Viewtrix Technology focused on the core business of display driver chips, which highly aligned with our investment thesis and represented a promising niche segment we were very optimistic about. During the seven years partnering with Viewtrix Technology, Qiming Venture Partners has stood by the company with a long-term mindset, supporting it all the way to its IPO. Today, Qiming Venture Partners maintains an increasingly focused investment strategy, sticking to our proven circle of competence and steadily executing our investment layout. In the technology investment sector, Qiming Venture Partners has long been committed to two core investment themes: First, artificial intelligence, as a General Purpose Technology, will surely reshape all industries. Second, China’s world-class capabilities in product design, engineering R&D, and advanced manufacturing deliver global competitiveness. Anchored by these two themes, we will focus on two key areas: AI technology and industrial applications, and hard tech.”

About Qiming Venture Partners
Qiming Venture Partners was founded in 2006. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Healthcare industries at the early and growth stages.

Since our debut, we have backed over 580 fast-growing and innovative companies. Over 210 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 80 portfolio companies that have achieved unicorn or super unicorn status.

Many of our portfolio companies are today’s most influential firms in their respective sectors, including Xiaomi, Meituan, Bilibili, Zhihu, Roborock, Hesai Technology, UBTech, WeRide, HyperStrong, Insta360, Unisound, Biren Technology, Z.ai, Gan & Lee Pharmaceuticals, Tigermed, Zai Lab, CanSino Biologics, Schrödinger, APT Medical, Sanyou Medical, AmoyDx, SinocellTech, Insilico Medicine, AusperBio, Yuanxin Technology, Medilink Therapeutics, LaNova Medicines, StepFun, among many others.

View original content:https://www.prnewswire.com/news-releases/domestic-display-chip-leader-viewtrix-technology-listed-on-hong-kong-stock-exchange-302783936.html

SOURCE Qiming Venture Partners

AI-Driven Factory of the Future Unlocks Productivity Gains of Up to 60%Factory Transformation Can Now Determine Competitiveness Upgrading Factories Can Outperform Offshoring—Even in High-Cost CountriesWithout the Factory of the Future, as Much as $1.03 Trillion of Manufacturing Value is at Risk of Relocation out of Western Europe, and another $440 Billion out of the United States

BOSTON, May 28, 2026 /PRNewswire/ — AI-enabled factory of the future technologies are fundamentally reshaping the economics of manufacturing, with the potential to unlock productivity gains of up to 60%. These shifts are driving a new logic of competitiveness, in which performance is determined by how effectively production setups are redesigned and deployed. For the first time, upgrading to factory of the future capabilities in a high-cost country can be a more competitive option than offshoring, even if lower-cost countries also upgrade. However, without upgrading to the factory of the future, roughly $1.03 trillion of manufacturing value is at risk of relocation out of Western Europe, with another $440 billion at risk in the United States.

The latest report from Boston Consulting Group (BCG) and the BCG Institute, How the Factory of the Future Is Reshaping the Economics of Manufacturing, combines a global survey of 1,000 manufacturers with proprietary quantitative analysis to examine how advances in AI, automation, and digital systems are transforming production at scale.

“Manufacturers are entering a new era where competitiveness is no longer defined by static cost comparisons, but by how effectively they can redesign production setups end to end,” said Daniel Kuepper, BCG managing director and senior partner, fellow at the BCG Institute, and coauthor of the report. “The factory of the future is fundamentally changing how companies create value and how they think about where to produce.”

Meeting the Challenges of Geopolitical Uncertainty

Powered by AI, the entire factory of the future production setup is holistically redesigned, resulting in simultaneous gains including in energy, materials, yield, and throughput. The key variables in footprint decisions are no longer relative labor costs and logistics from suppliers and to customers, but how effectively a facility can be transformed into a highly productive factory of the future. As geopolitical uncertainty deepens and supply chain volatility becomes a structural risk, this is becoming critical for manufacturers looking to increase resilience by producing where they sell.

Benefits Vary by Sector and Location

However, the factory of the future does not benefit all locations or sectors equally. Key variables include local cost factors such as energy, labor, and materials, as well as sector-dependent automation potential and share of logistics costs. Higher-cost locations see more impact from automating labor intensive tasks, optimizing energy consumption, improving yield and throughput, and narrowing the gap with low-cost locations. Sectors with a high share of logistics costs, such as food and beverages, benefit most from proximity to end markets.

Talent availability and digital infrastructure readiness are also significant factors in enabling effective adoption. In the BCG Institute survey, 87% of respondents indicated that access to talent and skills become more critical to sustain the deployment of the factory of the future, and 69% said the same for digital infrastructure.

A More Dynamic Global Manufacturing Landscape

Together, these dynamics are creating a more variable and dynamic global manufacturing landscape where competitive advantage depends on aligning sector characteristics, location capabilities, and the effective deployment of advanced production technologies. The implications for business leaders are significant. Companies must evaluate production decisions through a new lens—one that integrates technology deployment with footprint strategy and considers how production setups can be redesigned to unlock value.

“Companies that integrate footprint strategy with advanced manufacturing capabilities will be best positioned to compete in the decade ahead,” Kuepper said.

Download the report here:
https://www.bcg.com/publications/2026/how-the-factory-of-the-future-reshapes-manufacturing

Media Contact:
Eric Gregoire
gregoire.eric@bcg.com

About Boston Consulting Group
Boston Consulting Group bridges the gap between ambition and outcomes for the world’s leading companies and organizations. We are built for this era of unprecedented change — bringing strategic clarity rooted in over 60 years of deep domain knowledge, combined with applied AI shaped by our practitioners. BCG works shoulder-to-shoulder with CEOs across industries and geographies to deliver transformative impact at scale: stronger returns, transferred capabilities, and change that sticks. For more information, visit bcg.com.

About the BCG Institute
The BCG Institute is Boston Consulting Group’s strategy think tank, dedicated to exploring and developing valuable new insights from business, technology, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration from the Institute, please visit our website and follow us on LinkedIn and X (formerly Twitter).

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SOURCE Boston Consulting Group (BCG)

This news release contains forward-looking statements. For a description of the related risk factors and assumptions, please see the section entitled “Caution Concerning Forward-Looking Statements” later in this news release.

MONTRÉAL, May 27, 2026 /CNW/ – Bell Canada (“Bell” or the “Company”) today announced that it has amended its previously announced separate offers (the “Offers”) to purchase for cash up to C$400,000,000 (the “Maximum Purchase Amount”) in aggregate purchase price, excluding accrued and unpaid interest, of its outstanding debentures of the ten series listed in the table below (collectively, the “Debentures”).

The Company has amended the Maximum Purchase Amount to increase the aggregate purchase price of the Debentures subject to the Offers from C$400,000,000 to up to C$1,000,000,000. Except as set forth herein with respect to the increase in the Maximum Purchase Amount, no other terms of the Offers set forth in the Offer to Purchase dated May 27, 2026 (“Offer to Purchase”) have changed. Each Offer is subject to the satisfaction or waiver of certain conditions, including the Financing Condition. Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase.

The Company has retained RBC Dominion Securities Inc. (“RBC”), Scotia Capital Inc. (“Scotia”) and CIBC World Markets Inc. (“CIBC”) to act as dealer managers (the “Dealer Managers”) for the Offers. Questions regarding the terms and conditions for the Offers or for copies of the Offer to Purchase should be directed to RBC at 1.877.381.2099 (toll-free) or 416.842.6311 (collect), Scotia at 800.372.3930 (toll-free) or 212.225.5559 (collect), or CIBC at 1.416.594.8515 (collect). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

TSX Trust Company will act as the Tender Agent for the Offers.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold Debentures as to when such intermediary would need to receive instructions from a beneficial owner in order for that Holder to be able to participate in, or withdraw their instruction to participate in the Offers before the deadlines specified in the Offer to Purchase. The deadlines set by any such intermediary and CDS Clearing and Depository Services Inc. for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified in the Offer to Purchase.

The Offers are being made solely pursuant to the Offer to Purchase. This news release does not constitute a solicitation of an offer to buy any securities in the United States. No Offer constitutes an offer or an invitation by, or on behalf of BCE Inc. (“BCE”), Bell’s parent company, the Company or the Dealer Managers (i) to participate in the Offers in the United States; (ii) to, or for the account or benefit of, any “U.S. person” (as such term is defined in Regulation S of the U.S. Securities Act of 1933, as amended); or (iii) to participate in the Offers in any jurisdiction in which it is unlawful to make such an offer or solicitation in such jurisdiction, and such persons are not eligible to participate in or tender any securities pursuant to the Offers. No action has been or will be taken in the United States or any other jurisdiction that would permit the possession, circulation or distribution of this news release, the Offer to Purchase or any other offering material or advertisements in connection with the Offers to (i) any person in the United States; (ii) any U.S. person; (iii) anyone in any other jurisdiction in which such offer or solicitation is not authorized; or (iv) any person to whom it is unlawful to make such offer or solicitation. Accordingly, neither this news release, the Offer to Purchase nor any other offering material or advertisements in connection with the Offers may be distributed or published, in or from the United States or any such other jurisdiction (except in compliance with any applicable rules or regulations of such other jurisdiction). Tenders will not be accepted from any holder located or resident in the United States.

In any jurisdiction in which the securities laws require the Offers to be made by a licensed broker or dealer, the Offers will be deemed to have been made on behalf of the Company by the Dealer Managers or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.

This news release is for informational purposes only. This news release is not an offer to purchase or a solicitation of an offer to sell any Debentures or any other securities of BCE, the Company or any of their subsidiaries.

Certain statements made in this news release are forward-looking statements, including, but not limited to, statements regarding the terms and conditions of the Offers, including the acceptance for purchase of any Debentures validly tendered; the satisfaction or waiver of certain conditions of the Offers, including the Financing Condition; and other statements that are not historical facts. All such forward-looking statements are made pursuant to the “safe harbour” provisions of applicable Canadian securities laws and of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to inherent risks and uncertainties and are based on several assumptions which give rise to the possibility that actual results or events could differ materially from our expectations. These statements are not guarantees of future performance or events, and we caution you against relying on any of these forward-looking statements. The forward-looking statements contained in this news release describe our expectations at the date of this news release and, accordingly, are subject to change after such date. Except as may be required by applicable securities laws, we do not undertake any obligation to update or revise any forward-looking statements contained in this news release, whether as a result of new information, future events or otherwise. Forward-looking statements are provided herein for the purpose of giving information about the proposed Offers referred to above. Readers are cautioned that such information may not be appropriate for other purposes. The Company’s obligation to complete an Offer with respect to a particular series of Debentures validly tendered is conditioned on the satisfaction of conditions described in the Offer to Purchase, including the Financing Condition. Accordingly, there can be no assurance that repurchases of the Debentures under the Offers will occur. For additional information on assumptions and risks underlying certain of the forward-looking statements made in this news release, please consult BCE Inc.’s (BCE) 2025 Annual MD&A dated March 5, 2026, BCE’s First Quarter MD&A dated May 6, 2026 and BCE’s news release dated May 7, 2026 announcing its financial results for the first quarter of 2026, filed with the Canadian provincial securities regulatory authorities (available at sedarplus.ca) and with the U.S. Securities and Exchange Commission (available at SEC.gov). These documents are also available at BCE.ca.

Bell is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca. 

Media Inquiries:
Ellen Murphy
media@bell.ca

Investor Inquiries:
Krishna Somers
krishna.somers@bell.ca

SOURCE Bell Canada (MTL)