NEW DELHI, Oct. 9, 2026 /PRNewswire/ — Fibocom (300638.SZ; 0638.HK), a leading global provider of wireless communication modules and AI solutions, presented its latest portfolio at India Mobile Congress 2026, as growing adoption of 5G, energy digitalization and connected mobility creates new demand for IoT deployment across India.

At the show, Fibocom highlighted applications spanning wireless broadband, energy, vehicle and asset management. Its FWA portfolio included 5G modules as well as CPE, ODU and MiFi solutions, while smart meters, vehicle tracking devices and EV battery trackers demonstrated how cellular connectivity is moving deeper into vertical applications. 

For smart metering, Fibocom provides 4G connectivity for GridCrest’s smart meter solution for the Indian market, enabling electricity consumption data and device event information to be transmitted over mobile networks to utility management platforms for remote meter reading and monitoring.

Products for the Indian market continue to strengthen support for local frequency bands and NavIC. The mass-produced MGB series of GNSS modules addresses different positioning needs, with dual-frequency products supporting capabilities such as NavIC and RTK.

As IoT projects move toward deployment at scale, customers increasingly need device solutions tailored to specific applications. At IMC, Fibocom and Indian IoT ODM Grid-OS jointly showcased devices for payment and vehicle tracking applications, combining Fibocom’s wireless connectivity with Grid-OS’s local product development capabilities.

Fibocom’s AI companion solution MagiCore and AI Dongle were also on display, extending Fibocom’s portfolio from connectivity to edge AI.

“Fibocom has built a strong presence in India, working closely with local partners across payments, energy and asset tracking. Together, we support customers in taking IoT devices from product development and pilot validation to volume production and large-scale deployment,” said Thales Zhang, Vice President and Head of the Global Marketing and Computing Solutions Business Group at Fibocom.

About Fibocom

Founded in 1999, Fibocom provides cellular, AI, automotive and GNSS modules, together with AI toolchains, AI Agent, global connectivity and cloud services, serving industries including robotics, consumer electronics, transportation, retail and energy.

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The collaboration will develop a hybrid infrastructure model for banking in ASEAN and explore strategic opportunities across data, analytics and customer engagement.

SINGAPORE, Oct. 9, 2026 /PRNewswire/ — UOB and Amazon Web Services (AWS) today announced plans to collaborate through a dedicated cloud environment in Singapore as part of a first-of-its-kind hybrid infrastructure model for banking in ASEAN.

Under the Memorandum of Understanding (MoU), UOB and AWS intend to explore how cloud and Artificial Intelligence (AI) capabilities can help the Bank strengthen operational resilience while meeting regulatory and data residency requirements and improve banking experiences for customers across its five ASEAN markets[1]. The collaboration brings together UOB’s regional banking expertise and governance framework with AWS’s cloud infrastructure, data, and AI services. Initial areas of focus include hybrid cloud architecture, data and analytics, and AI-powered customer engagement.

Mr Lawrence Goh, Head of Group Technology and Operations, UOB, said: “At UOB, we see AI as a transformative capability that can help us become a more adaptive, intelligent and responsive organisation. Realising this vision requires a secure and resilient technology foundation, strong governance, and the right ecosystem of partners. Our collaboration with AWS reflects our strategic intent to accelerate innovation, enhance customer experiences, increase productivity and create long-term value for our customers, employees and stakeholders across ASEAN. We also see potential to broaden this collaboration over time and explore additional areas with the wider Amazon group.”

Mr Jaime Vallés, Vice President & Managing Director for APAC, AWS said: “Financial services touches the lives of millions of people across APJC every day. This collaboration with UOB is about making sure those experiences get better, faster, more personalized, and built on a foundation customers can trust. UOB will have the tools to innovate and the training programs to build AI fluency and cloud skills across its workforce all while keeping customer data secure. This is what’s possible when a bank with deep regional expertise and a culture of innovation is combined with AI and cloud technology that drives true transformation.”

Building a secure foundation for future innovation

This MoU will explore the development of a future hybrid infrastructure model that enables UOB’s systems and data to operate across on-premises infrastructure and cloud environments. The model leverages an isolated cloud extension that can be strategically deployed in specific countries or jurisdictions to meet regulatory requirements.

This marks the first collaboration between AWS and a bank to bring together hybrid cloud capabilities in ASEAN with security, governance and data residency controls aligned to the requirements of a highly regulated industry.

For UOB, this means a dedicated cloud environment located within Singapore that is designed to meet its security, governance, and data residency requirements across the five ASEAN countries in which it operates. UOB’s data and systems remain within this dedicated environment and can be configured to support compliance with each market’s regulatory requirements. At the same time, UOB will have access to the cloud tools to modernise its technology and build new capabilities in areas like AI and data analytics.

Opportunities across data, AI and customer experience

The collaboration will also explore how AI can improve UOB’s customer experience and internal operations, including conversational banking capabilities and more personalised services built on AWS’s AI tools.

Building on the Bank’s existing Enterprise GenAI Platform (EGP), UOB will explore how Amazon Bedrock, AWS’s fully managed service for building and scaling Generative AI (GenAI) applications, can support the rapid development and deployment of AI-powered solutions across the Bank, from employee productivity tools to enterprise-grade applications.

Investing in future-ready talent

To strengthen cloud and AI capabilities across its workforce, UOB will explore AWS’s structured learning and enablement programmes to equip employees with skills needed to develop, deploy and scale cloud and AI-powered solutions responsibly. Training in cloud technologies, GenAI, data and analytics, security and compliance, will further help employees build future-ready capabilities while supporting the Bank’s ongoing workforce transformation efforts.

About UOB

UOB is a leading Asian bank with a global network in Southeast Asia, Asia Pacific, Europe and North America. Operating through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, we have a global network of about 430 branches and offices in 19 markets.

Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. Today, UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings.

For more than nine decades, UOB has adopted a customer-centric approach to create long-term value by staying relevant through its enterprising spirit and doing right by its customers. UOB is focused on building the future of ASEAN – for the people and businesses within, and connecting with, ASEAN.

The Bank connects businesses to opportunities in the region with its unparalleled regional footprint and leverages data and insights to innovate and create personalised banking experiences and solutions catering to each customer’s unique needs and evolving preferences. UOB is also committed to help businesses forge a sustainable future, by fostering social inclusiveness, creating positive environmental impact and pursuing economic progress.

UOB believes in being a responsible financial services provider and is steadfast in its support of education, children and art, doing right by its communities and stakeholders.

About Amazon Web Services

Amazon Web Services (AWS) is guided by customer obsession, pace of innovation, commitment to operational excellence, and long-term thinking. By democratizing technology for nearly two decades and making cloud computing and generative AI accessible to organizations of every size and industry, AWS has built one of the fastest-growing enterprise technology businesses in history. Millions of customers trust AWS to accelerate innovation, transform their businesses, and shape the future. With the most comprehensive AI capabilities and global infrastructure footprint, AWS empowers builders to turn big ideas into reality. Learn more at aws.amazon.com and follow @AWSNewsroom.

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SOURCE UOB

Ant Digital Technologies’ infrastructure enabled AI agents to discover services, invoke them and manage micropayment settlement. Verification test used HSBC Tokenised Deposit Service (TDS) and related settlement capabilities. The technologies demonstrated a potential end-to-end model for AI agent micropayment transactions using tokenised deposits.

HONG KONG, Oct. 9, 2026/PRNewswire/ — Ant Digital Technologies and HSBC have successfully completed a technical verification test showcasing the potential for AI agents to act on behalf of a user to manage service interactions and the associated payment as one connected, automated process.

The test involved the combined use of HSBC’s Tokenised Deposit Service (TDS), Ant Digital Technologies’ Anvita Flow network and its Jovay Testnet blockchain environment. Together, these technologies demonstrated an end-to-end process in which an AI agent could discover and use a digital service, make a micropayment (often defined as less than $2.00) and complete the transaction with real-time settlement.

HSBC provided its TDS and related settlement capabilities, including real-time risk checks through its MCP interface. Jovay Testnet served as the underlying Layer 2 test environment for the blockchain transactions, while its Anvita Flow provided the infrastructure that enabled AI agents to discover and invoke services and manage micropayment settlement. Together, these technologies demonstrated a potential end-to-end model for AI agent transactions using tokenised deposits.

The technical verification test was carried out solely as an exploration of the technology and does not represent a commercial launch or live customer proposition. Its significance lies in demonstrating how autonomous AI systems could potentially participate in leveraging tokenised deposits to enhance the use of micropayments.

Zhuoqun Bian, President of Blockchain Business, Ant Digital Technologies, said: “This technical verification with HSBC demonstrates the potential use of on-chain AI agents. Ant Digital Technologies will continue to drive the application of AI technologies in real-world business scenarios, exploring how autonomous agents can create tangible value in practical commercial environments.”

Lewis Sun, Global Head of Digital Currencies, HSBC, said: “Through our Tokenised Deposit Service, we’re exploring how continued innovation, new use cases and collaboration could help enhance the customer experience and reduce friction for our clients while remaining focused on client needs, appropriate controls and responsible development.”

This technical verification test with Ant Digital Technologies is a step forward in the exploration of how AI agents could use micropayments to access a broader range of services and help support more connected, efficient interactions across the customer journey.”

By bringing together AI, blockchain and regulated banking infrastructure, the Ant Digital Technologies and HSBC technical verification test demonstrated how the speed of software and the controls required by financial institutions could operate within a single transaction flow.

Beyond standalone payments, the test successfully validated the infrastructure needed to connect AI-driven decision-making, service access, payments and financial controls within one automated process.

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SOURCE Ant Digital Technologies