Connect with us

Technology

Update on Expiry of Lock-up Undertaking and Insider Transactions in Sivers Semiconductors

Published

on

KISTA, Sweden, July 21, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE) (“Sivers Semiconductors” or the “Company”), a global leader in photonics and wireless technologies, today provides an update regarding the expiry of a lock-up undertaking and certain transactions in the Company’s shares carried out by persons discharging managerial responsibilities.

Expiry of lock-up undertaking

In connection with the directed share issue resolved upon by the Board of Directors on April 16, 2026, certain shareholding board members and members of the Company’s management entered into lock-up undertakings, with customary exceptions, not to sell any shares in the Company until July 16, 2026. This lock-up period has expired.

Insider transactions

Following the expiry of the lock-up, the following persons discharging managerial responsibilities have informed the Company that they have carried out transactions in the Company’s shares. These transactions will be reported to the insider register maintained by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) in accordance with applicable rules.

Vickram Vathulya, President and CEO, has acquired 70,000 additional shares in the Company. Following the acquisition, Mr. Vathulya owns 4,540,076 shares in Sivers Semiconductors. In addition, he holds 3,700,000 employee stock options in the Company.Bami Bastani, Chairman of the Board of Directors, donated 60,000 shares to non-profit charities with which he is not affiliated and gifted 70,000 shares to family members. In addition, he sold 275,000 shares in the Company on July 16, 2026. Following these transactions, Mr. Bastani retains a total of 381,360 shares in the Company, of which 11,360 shares, acquired on July 9, 2026, are subject to a lock-up of one year. He also holds 625,000 employee stock options in the Company.Todd Thomson, member of the Board of Directors, holds shares in the Company through those purchased in his personal investment account Headwaters Capital LLC. He also represents Kairos Ventures’ shares in the Company. Kairos reports sales of the shares held by Kairos. Kairos Ventures manages venture capital funds that invest in private, early-stage venture capital companies that are typically founded from breakthrough, patented innovations emanating from US universities. Kairos acquired their shares in Sivers Semiconductors through the sale of their portfolio company Mixcomm, which was founded from Columbia University to Sivers Semiconductors in 2022, and has sold shares intermittently through the years. Kairos’ mandate from its investors is to invest in private companies until realizations can return capital to investors, and Kairos’ Investment Committee therefore elected to distribute Sivers Semiconductors’ shares to those investors who wish to continue owning the Company’s shares, and liquidate the remainder. In addition, Headwaters Capital LLC has sold 950,000 shares through July 22, 2026 and gifted 50,000 shares to a non-profit charity. Following these transactions, Mr. Thomson will continue to be the largest shareholder among Board members, retaining a total of 477,027 shares in the Company, of which 12,500 shares, acquired by him on July 9, 2026, are subject to a lock-up of one year.

Continued commitment 

The persons discharging managerial responsibilities are maintaining significant personal Sivers Semiconductors shareholdings and remain fully committed to Sivers Semiconductors and to the Company’s long-term strategy.

Upcoming closed period

Sivers Semiconductors will publish its Interim Report for the second quarter of 2026 on August 27, 2026, before the opening of trading on Nasdaq Stockholm. In accordance with Article 19(11) of the EU Market Abuse Regulation, a closed period applies from July 28, 2026 until publication of the report, during which persons discharging managerial responsibilities may not conduct transactions in the Company’s financial instruments.

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 (SIVE:ST).

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

https://news.cision.com/sivers-semiconductors/r/update-on-expiry-of-lock-up-undertaking-and-insider-transactions-in-sivers-semiconductors,c4376592

For more information, please contact:

Heine Thorsgaard
CFO, Sivers Semiconductors
Tel: +46 (0)8 703 68 00
Email: ir@sivers-semiconductors.com

View original content:https://www.prnewswire.com/news-releases/update-on-expiry-of-lock-up-undertaking-and-insider-transactions-in-sivers-semiconductors-302831179.html

SOURCE Sivers Semiconductors

Continue Reading

Technology

Modular Buildings Draw International Buyer Interest at Linyi Sourcing Fair

Published

on

By

ChinaMarket connects global buyers with Chinese manufacturers and integrated sourcing solutions as demand for modular construction grows in Southeast Asia.

LINYI, China, Oct. 30, 2026 /PRNewswire/ — Modular buildings, prefabricated houses and futuristic capsule-style cabins have emerged as eye-catching products at the Fourth Linyi Mall International Buyers Conference, held from October 28 to 30 in Linyi, Shandong Province.

Among the products attracting attention are space capsule cabins, modular accommodation units and prefabricated building solutions designed for hospitality, tourism, residential and commercial applications.

The growing interest reflects new business opportunities for Chinese modular construction manufacturers, particularly in Southeast Asian markets where tourism development, hospitality investment and demand for flexible accommodation are creating opportunities for prefabricated building solutions.

From Space Capsules to Complete Building Solutions

A space capsule cabin may appear to be a single product, but international procurement often involves much more than selecting a manufacturer.

Buyers need to consider structural specifications, local climate conditions, electrical systems, transportation, installation, regulatory compliance and after-sales support.

For overseas buyers, especially those entering the Chinese supply chain for the first time, coordinating these requirements across multiple suppliers can be challenging.

This is where ChinaMarket aims to create additional value.

As the official digital platform of Linyi Wholesale Market, ChinaMarket connects international buyers with Chinese manufacturers and integrates sourcing, supplier coordination, logistics and trade services.

For modular construction projects, the platform can help buyers identify suitable suppliers, coordinate product requirements and explore integrated procurement and delivery solutions.

New Opportunities for Southeast Asian Buyers

Southeast Asia represents a promising market for modular construction products.

From tourism resorts and beachfront accommodation to temporary offices, commercial facilities and residential projects, modular buildings offer flexibility, faster installation and opportunities for customized design.

However, different markets have different requirements.

A modular cabin designed for a tropical resort in Thailand or Malaysia may require different ventilation, insulation and corrosion-resistance specifications from a prefabricated building intended for another climate.

Successful international procurement therefore depends on understanding both the manufacturing capabilities available in China and the practical requirements of the destination market.

ChinaMarket seeks to bridge this gap by bringing together manufacturers, international buyers and professional trade service providers.

Connecting Chinese Manufacturing with Global Demand

Linyi is one of China’s major wholesale trading centers, with 136 specialized wholesale markets and approximately 44,000 shops.

Building on this extensive commercial ecosystem, ChinaMarket is expanding its international buyer network while connecting China’s manufacturing and industrial supply chains with overseas markets.

During the Fourth Linyi Mall International Buyers Conference, international buyers from countries including Vietnam, Malaysia, Thailand and other markets have opportunities to explore Chinese products, connect with suppliers and discuss potential cooperation.

The interest in modular buildings highlights a broader opportunity: overseas buyers increasingly need coordinated sourcing solutions that cover multiple stages of international procurement.

ChinaMarket is developing its capabilities to support this demand, helping international buyers access Chinese suppliers while providing trade services throughout the procurement process.

Source Modular Buildings from China with ChinaMarket

As international demand for modular construction continues to evolve, ChinaMarket welcomes overseas distributors, project developers, resort operators, construction companies and procurement organizations to explore sourcing opportunities in China.

From space capsule cabins and prefabricated houses to customized modular building projects, the platform aims to make international sourcing more accessible, efficient and reliable.

Looking for modular building suppliers in China? Connect with ChinaMarket and explore new sourcing opportunities.

ChinaMarket — Connecting Global Buyers with Chinese Suppliers.

www.prefabhouse.chinamarket.cnwww.prefabhouse.chinamarket.cn

View original content to download multimedia:https://www.prnewswire.com/news-releases/modular-buildings-draw-international-buyer-interest-at-linyi-sourcing-fair-302924613.html

SOURCE ChinaMarket

Continue Reading

Technology

PXPay Plus Integrates with Samsung Wallet: Industry-First Deep Integration for Seamless Payments, Transit, and Top-Ups

Published

on

By

Link your PXPay Plus to earn up to 5% rewards, plus a chance to win the Samsung Galaxy Z Fold8

TAIPEI, Oct. 30, 2026 /PRNewswire/ — In a major breakthrough for Taiwan’s payment market, PXPay Plus today announced its arrival on Samsung Wallet, becoming the first electronic payment brand in the industry to deeply integrate with a built-in mobile wallet. Starting Nov. 1, users of Samsung Galaxy smartphones launched from 2022 onward can simply add PXPay Plus to Samsung Wallet to make mobile payments, ride public transit, top up their accounts and register for promotions — from a single wallet. Users who have upgraded from PX Pay to PXPay Plus are equally eligible.

To celebrate the launch, PXPay Plus is rolling out two promotions. First-Month Sweepstakes: From Nov. 1 to Nov. 30, 2026, users who link PXPay Plus to Samsung Wallet and make a purchase will have a chance to win a brand-new Galaxy Z Fold8 (256GB), with 10 winners drawn nationwide. First-Purchase Reward: From Nov. 1, 2026, to Jan. 31, 2027, users who link their account and register for the promotion will earn a 3% PXPay Plus Point reward on any first purchase at participating physical stores, or up to 5% on a single purchase of NT$800 or more. PXPay Plus invites users across Taiwan to be among the first to experience a faster, more rewarding mobile payment ecosystem.

Link PXPay Plus in Samsung Wallet and Earn Up to 5% Reward on Your First Purchase

PXPay Plus on Samsung Wallet supports all Samsung Galaxy smartphones launched from 2022 to 2026, as well as future models. After updating the Samsung Wallet app to version 6.8.67 or later, users can open Samsung Wallet, tap “Add Card,” select “Scan to Pay,” and choose either “PXPay Plus” or “PX Pay (upgraded to PXPay Plus).” Users then follow the prompts to agree to the terms and complete security verification to finish linking.

Starting Oct. 30, users can register early for the “Link PXPay Plus to Samsung Wallet and Earn Up to 5% Reward” promotion. From Nov. 1, 2026 to Jan. 31, 2027, users who pay with PXPay Plus via Samsung Wallet at PX Mart, MEGA PX MART and participating physical stores across Taiwan will receive a reward based on their first transaction during the promotion period: a 3% PXPay Plus Point reward on purchases of any amount (capped at 20 points), or up to 5% on a single purchase of NT$800 or more (capped at 40 points). Each account is eligible for one reward only, while supplies last.

Transit QR Code, Top-Ups and Promotion Registration — All in Samsung Wallet

Once linked, PXPay Plus sits alongside the other everyday tools on the phone in a single wallet. Whether waiting in a checkout line or rushing to catch public transit, users can access it with just a swipe, without having to switch between apps. Users can open the PXPay Plus Transit QR Code directly from Samsung Wallet to ride public transportation (metro and bus) in Taipei and New Taipei as well as Keelung city buses, and can top up their PXPay Plus account and register for reward promotions right within the wallet. At checkout, the dual-point redemption available in the PXPay Plus app also applies: users can redeem PXPay Plus Points or Cathay United Bank Tree Points (credit card) to cover up to the full purchase amount. Users can earn points as well as redeem them: by switching to the PXPay Plus rewards plan in the CUBE App, users who pay via Samsung Wallet with PXPay Plus linked to their CUBE card will earn a 2% Tree Points (credit card) reward on every purchase at PX Mart physical stores and at more than 370,000 PXPay Plus partner locations across Taiwan. From daily commutes to everyday spending, Samsung Wallet takes care of it all in one place.

Win a Samsung Galaxy Z Fold8 Worth Nearly NT$60,000 in the Launch Month

To mark its first month on Samsung Wallet, PXPay Plus is hosting a special sweepstakes. From Nov. 1 to Nov. 30, 2026, users who link PXPay Plus to Samsung Wallet and make a purchase at participating physical stores will have a chance to win the latest flagship foldable, the Galaxy Z Fold8 (256GB), valued at NT$59,900, with 10 winners drawn nationwide. The more purchases made during the promotion period, the higher the chance of winning (each account may win only once; colors are assigned at random). With its immersive large screen, the Galaxy Z Fold8 makes streaming, navigating maps and working on the go effortless. Simply link PXPay Plus and use it for daily spending for your chance to take home this ultra-flagship device!

※For more details, please see the announcements in the PXPay Plus app and on the PX Mart website.

※ Full promotion details are available in the PXPay Plus app. Any matters not covered herein are subject to the rules of PXPay Plus, PX Mart and the participating banks.

About PXPay Plus

PXPay Plus, an e-wallet brand founded and 100% fully owned by the PX Mart Group. In June of 2021, PXPay Plus obtained licenses and approval for operating electronic payment related business from the FSC (Financial Supervisory Commission) in Taiwan. Continuing the company culture of the PX Mart group, building a delightful company environment for everyone. With the launch of PXPay Plus, users can now enjoy enhanced wallet features, providing a seamless and secure payment experience.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/pxpay-plus-integrates-with-samsung-wallet-industry-first-deep-integration-for-seamless-payments-transit-and-top-ups-302922964.html

SOURCE PXPAY PLUS CO., LTD.

Continue Reading

Technology

ZKONG and Leading German Home Improvement Retailer hagebau Advance Store Digitalisation Across 50,000+ SKUs

Published

on

By

SELB, Germany, Oct. 30, 2026 /PRNewswire/ — As digital transformation accelerates across European retail, Electronic Shelf Labels (ESLs) are becoming an increasingly important part of retailers’ digitalisation strategies, helping improve store operational efficiency.

Following approximately four months of refurbishment, the new hagebaumarkt store in Selb, Germany, officially opened.

Founded in 1964, hagebau is one of Germany’s leading home improvement and building materials retail groups, with an established presence across Europe. Its hagebaumarkt network covers key retail segments including DIY, home improvement, building materials and gardening.

Enhancing Staff Efficiency and Store Operations

Spanning around 7,000 m², the Selb store carries an extensive range of products across multiple categories. The complexity of operating the store stems not only from its size, but also from the breadth and diversity of its product range, making manual price verification and label maintenance particularly demanding.

ESL technology was therefore incorporated into the refurbishment plan from the outset, enabling faster price updates and more accurate information across the store.

Built for the Complexity of Home Improvement Retail

Unlike conventional supermarkets, home improvement stores present greater merchandising complexity:

Complex product information: Building materials, hardware and tools often involve multiple product attributes, including model, size, material, colour, compatibility and application. These details are critical to purchasing decisions.

Diverse merchandising environments: Products may be displayed on shelves, hooks, freestanding fixtures, outdoor areas or warehouse-style display zones, requiring ESLs in a range of sizes and with different mounting options.

More demanding manual management: Although price changes may be less frequent than in grocery retail, locating products and replacing the correct labels across a varied assortment remains time-consuming.

To accommodate the store’s wide range of products and display formats, ZKONG deployed a mix of ESLs ranging from 1.3 to 4.2 inches. Through the flexible combination of different sizes, the ESLs adapt seamlessly to the store’s varied displays, helping maintain the clean, orderly presentation associated with modern German retail environments.

Beyond the labels themselves, the deployment is supported by ZKONG’s base stations, which provide stable wireless transmission and allow product, pricing and promotional information to be updated on shelf-edge displays in real time. This helps keep in-store information aligned with backend data.

Driving Smarter Retail Operations

ESLs are redefining the way retail stores operate. By deploying these digital shelf-edge devices, retailers can improve store operational efficiency while freeing staff from time-consuming shelf checks and label changes, allowing them to devote more time and energy to serving customers.

Building on its strong presence across Europe, ZKONG continues to strengthen its capabilities across ESL hardware, wireless infrastructure and centralised management systems, enabling tailored solutions for complex retail environments. The hagebaumarkt Selb project marks another step in ZKONG’s expansion into the European home improvement retail sector. Through projects like this, ZKONG continues to explore new opportunities to address the evolving digital needs of European retail.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/zkong-and-leading-german-home-improvement-retailer-hagebau-advance-store-digitalisation-across-50-000-skus-302924622.html

Continue Reading

Trending