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TravelNet Solutions Expands Track Product & Engineering Capacity by 3X to Accelerate Innovation

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Dramatically increased investment in Track PMS will yield a number of new capabilities that will give TravelNet Solutions’ clients a competitive advantage as the vacation rental market recovers from a period of low demand

COTTAGE GROVE, Minn., June 25, 2024 /PRNewswire/ — TravelNet Solutions, the leading enterprise vacation rental technology provider, today announced that it has increased the product and engineering resources committed to its core property management system, Track, by 3X. This move is part of an overall restructuring plan that started in April of 2024. The increased investment signals a major shift to accelerate innovation and empower TravelNet’s clients to improve overall business performance in the face of sluggish – albeit recovering – vacation rental market demand.

“I couldn’t be more excited to share the news of the expanded engineering investment for in Track,” said TravelNet Solutions’ CEO, Ryan Bailey. “This investment will allow us to unlock entirely new capabilities that will help our clients grow revenue and propel the vacation rental market forward.”

According to recent information from KeyData, Revenue Per Available Room is down roughly 25% since its high in the Summer of 2021. As a result, many Vacation Rental Property Managers have seen financial results suffer.

The significant increase in Track’s product and engineering capacity is intended to drive innovation specifically targeted at increasing revenue and reducing cost for TravelNet clients, while improving their guest and owner experiences. These improvements and new capabilities will give Track’s clients a further advantage as they navigate the market recovery.

“We have been preparing to make this investment since late 2023 and I’m thrilled to see that plan come together,” said Arvind Sharma, TravelNet Solutions’ Chief Technology Officer. “This move will allow us to take a fundamentally different approach to innovation that will yield a set of unmatched capabilities for the enterprise vacation rental market.” This investment was the central driver behind TravelNet’s restructuring efforts that started in April 2024. As part of that plan, some resources were shifted from other business units and reallocated to Track to drive new feature development.

In parallel, the TravelNet team made significant adjustments to its Client Services organization designed to increase the speed and quality of service, deliver a unified customer experience across all product lines, and improve overall client outcomes. The results of these Client Services changes will begin to be felt in the second half of 2024.

“With the market challenges that our operators are facing, we see it as our responsibility to bring transformational new capabilities as well as a new level of service to the market, both of which we believe will help our clients extend their competitive advantage through the market recovery,” said Bailey. “We’re looking forward to unveiling some of our recent and planned innovations in July, and throughout the coming months. There’s lots of exciting news ahead, and we’re just getting started.”

About TravelNet Solutions
For more than 21 years, TravelNet Solutions, Inc. (TNS) has provided integrated software and marketing solutions for the hospitality industry anchored by its flagship Track Property Management System and other products under the Track banner. Our single-vendor ecosystem gives growing vacation rental companies all the enterprise-class tools they need to scale. With 70+ integration partners and a growing list of native features, Track helps hospitality pros level up.

About Track PMS
Track PMS is the award-winning property management solution that empowers growth-oriented hospitality businesses to outperform the market. Its integrated suite of operational tools, such as trust accounting and owner portal, makes it easier for companies to consolidate their technology footprint and reduce reliance on third-party solutions.

Track is the most powerful, configurable, and comprehensive platform for property management teams.

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SOURCE TravelNet Solutions

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Agri-Food Tech Startups Led by Taiwan’s HAOSHi Attend SusHi Tech Tokyo 2026 to Build Industry and Investment Connections

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TAIPEI and TOKYO, April 28, 2026 /PRNewswire/ — A delegation of three food-tech startups led by Taiwan-based agri-food tech accelerator HAOSHi recently participated in SusHi Tech Tokyo 2026, a global innovation event held in Japan. Through the exhibition and local industry engagement, the initiative aims to help Taiwanese startups establish partnerships with Japanese companies and explore potential investment opportunities.

SusHi Tech Tokyo has emerged as a key innovation platform in Japan, with a focus on urban development and technology applications. As Japan transitions into a super-aged society, demand for functional foods and precision health solutions continues to rise. In response, the Taiwanese delegation brought a focused approach to health and biotech applications, showcasing the R&D capabilities of Taiwan’s food-tech and precision nutrition sectors.

Ahead of the exhibition, HAOSHi worked with Sustainable Food Asia (SFA), a Japan-based organization engaged in sustainable food innovation, to arrange industry exchanges and company visits, giving the startups a more practical understanding of the local market. The trip also facilitated discussions between the Taiwanese teams and Japanese startups including Algalex, Eclipse Foods, and Morus, covering supply chain collaboration and market entry strategies. Through product demonstrations and tastings, the startups established initial business connections with companies in the cosmeceuticals, biotech, food manufacturing, and supply chain sectors.

The two organizations also co-hosted “Sustainable Food Night,” a networking event that drew around 30 representatives from established companies, startups, and investors. Discussions centered on collaboration opportunities in the agri-food tech sector across Taiwan, Japan, and Southeast Asia, with the broader aim of strengthening regional connectivity.

The three participating startups were Space Ark Bio, King Noodles, and Leeuwenhoek Laboratories, which specialize in fermentation applications, functional foods, and precision nutrition, respectively. Amber Lin, CEO of HAOSHi, said that the exhibition and in-market networking helped lay the groundwork for the startups to enter the market and support follow-up business discussions. The initiative also aligns with the goal of Startup Island Taiwan (SIT), which aims to connect Taiwanese startups more closely with the global innovation ecosystem.

 

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SOURCE HAOSHi Accelerator

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DB HiTek to Participate in PCIM 2026, Strengthening Its Presence in the European Market

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Europe’s largest power semiconductor exhibition to be held in Nuremberg, Germany, from June 9 to 11Showcasing latest developments in SiC and GaN, highlighting its power semiconductor capabilities

SEOUL, South Korea, April 29, 2026 /PRNewswire/ — DB HiTek, a leading 8-inch pure-play foundry, announced its participation in PCIM (Power Conversion and Intelligent Motion) Europe 2026, the continent’s premier exhibition for power semiconductors. The event will take place in Nuremberg, Germany, from June 9 to 11 (local time), as the company continues expanding its presence in the European market.

Following its successful debut at PCIM in 2025—where the company held face-to-face meetings with dozens of customers to discuss process technologies and collaboration opportunities—DB HiTek is building on that momentum. With over 1,000 booth visitors last year and ongoing business discussions, the company expects these engagements to translate into tangible business results this year through continued partnerships.

At this year’s event, DB HiTek will present progress in its next-generation SiC (Silicon Carbide) and GaN (Gallium Nitride) processes. The company will also highlight its industry-leading BCDMOS (Bipolar-CMOS-DMOS) technology, a core strength of its power management portfolio. A robust schedule of meetings with global clients is already in place, reflecting continued growth in collaboration.

According to market research firm Yole Développement, the global SiC and GaN power semiconductor markets are set for rapid growth. The SiC market is projected to grow from approximately $4.8 billion in 2026 to $10.4 billion by 2030, representing a compound annual growth rate (CAGR) of 21%. Over the same period, the GaN market is expected to expand from $900 million to $2.9 billion, reflecting a CAGR of 33%.

DB HiTek started MPW (Multi-Project Wafer) runs for its SiC and GaN processes in December 2025, producing samples for more than 10 customer products. These were delivered between March and April 2026. Customer evaluations are underway, with feedback to be incorporated into final process verification. Full-scale mass production is scheduled to begin in 2027.

Currently, DB HiTek maintains mass production relationships with approximately 400 customers, primarily focused on its flagship power semiconductor products. The company also works with a broad client base using specialized image sensor technologies, including X-ray, Global Shutter, and SPAD (Single Photon Avalanche Diode). Its application mix is increasingly shifting toward industrial and automotive-grade products, reflecting growing demand from these sectors.

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SOURCE DB HiTek

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LG Display’s 27-inch DFR Gaming OLED panel wins SID’s ‘Display of the Year’

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SEOUL, South Korea, April 28, 2026 /PRNewswire/ — LG Display, the world’s leading innovator of display technologies, announced that its 27-inch 540/720Hz Dynamic Frequency & Resolution (DFR) Gaming OLED panel has been awarded “Display of the Year” by the Society for Information Display (SID), receiving high acclaim for redefining the gaming display paradigm and accelerating market differentiation.

The “Display of the Year” award is SID’s most prestigious distinction, presented to the most groundbreaking display product launched during the previous year that is expected to lead the future of the industry.

This achievement recognizes LG Display’s new user-centered display paradigm. The product’s standout feature is the company’s proprietary DFR technology, which allows users to freely select the mode that suits their preferred gaming style.

High-refresh-rate mode particularly proves its value in game genres where rapid screen transitions are essential and victory is decided in a split second — like first-person shooters or racing games. By supporting an industry-leading refresh rate of 720Hz with HD resolution, this mode eliminates ghosting and motion blur even in the fastest scenes, enabling overwhelming gaming performance.

High-resolution mode provides an optimized visual experience for games based on stunning graphics. It simultaneously delivers QHD resolution and a 540Hz refresh rate. To overcome the conventional limitation where picture quality drops once the refresh rate exceeds 500Hz, LG Display applied a proprietary algorithm, securing the two core elements of a high refresh rate and high picture quality.

As a result, the panel obtained ClearMR 21000 certification, the highest rating from the Video Electronics Standards Association (VESA).

“Our goal is to continue leading the gaming display market by leveraging LG Display’s differentiated OLED technologies and relentless pursuit of innovation,” said Young-seok Choi, Chief Technology Officer of LG Display.

SID is the world’s largest display society with more than 7,000 industry experts, researchers, and professors. It hosts Display Week annually, featuring new technologies, product exhibitions, and academic presentations. SID Display Week 2026 will take place in Los Angeles, California from May 3 to 8.

※ LG Display 27-inch 540/720Hz (DFR) OLED Gaming Monitor Panel Specifications

Category

High-refresh-rate mode

High-resolution mode

Peak Brightness

1,500nits

1,500nits

Refresh Rate / Resolution

720Hz / HD

540Hz / QHD

Response Time

0.02ms

0.02ms

 

About LG Display
LG Display Co., Ltd. [NYSE: LPL, KRX: 034220] is the world’s leading innovator of display technologies, including thin-film transistor liquid crystal and OLED displays. The company manufactures display panels in a broad range of sizes and specifications primarily for use in TVs, notebook computers, desktop monitors, automobiles, and various other applications, including tablets and mobile devices. LG Display currently operates manufacturing facilities in Korea and China, and back-end assembly facilities in Korea, China, and Vietnam. The company has approximately 70,707 employees operating worldwide. For more news and information about LG Display, please visit www.lgdisplay.com.

Media Contact:
Joo Yeon Jennifer Ha, Team Leader, Communication Team
Email: hjy05@lgdisplay.com

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SOURCE LG Display

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