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Chemours Launches Faizeon™ Two-Phase Liquid Cooling Solutions for AI Data Centers

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New Faizeon™ portfolio of two-phase direct-to-chip and immersion cooling fluids address rising AI heat loads with superior performance and reduced energy and water use 

WILMINGTON, Del., Nov. 2, 2026 /PRNewswire/ — The Chemours Company (“Chemours”) (NYSE: CC), today launched Faizeon™ two-phase liquid cooling solutions1, for artificial intelligence (AI), high-performance computing (HPC), and high-density data centers. The portfolio includes dielectric fluids engineered for both two-phase direct-to-chip and two-phase immersion cooling, giving data center operators and technology partners highly efficient options that can support evolving system architectures and remove heat from high-power processors and servers.

Faizeon™ fluids use phase change, in which the fluid absorbs heat and changes from liquid to vapor, to enable efficient, reliable heat removal as AI and HPC drive higher chip power and rack densities. In independent third-party testing, a two-phase direct-to-chip system using Faizeon™ 200 fluid maintained a Graphics Processing Unit (GPU) at up to 19 degrees Celsius lower than a single-phase, water-based fluid, while using a lower coolant flow rate.

“AI’s rapid growth is increasing the demands on data center infrastructure, and cooling is becoming a critical constraint,” said Denise Dignam, President and CEO at Chemours. “With our liquid cooling solutions, we are applying more than 90 years of thermal management expertise to help data centers manage higher heat loads while improving performance and dramatically reducing energy and water demand. Our Faizeon™ liquid cooling team is collaborating across the data center ecosystem, to bring together the expertise, testing, and support needed to confidently deploy two-phase liquid cooling at scale.”

Faizeon™ two-phase liquid cooling fluids for direct-to-chip and immersion cooling:

Faizeon™ 100 fluid – A low-pressure two-phase direct-to-chip fluid designed for system architectures where operating pressure, materials compatibility, and infrastructure considerations are central to deployment planning.Faizeon™ 110 fluid – A low-pressure two-phase direct-to-chip fluid with an intermediate boiling point and zero ozone depletion potential for advanced direct-to-chip cooling systems.Faizeon™ 200 fluid – A high-performance two-phase direct-to-chip fluid—and industry standard for medium pressure systems—offering performance and environmental balance, designed for advanced cooling architectures serving high-density AI and HPC processors.Faizeon™ 220 fluid – Chemours’ highest-performance two-phase direct-to-chip fluid, well suited for applications where rapid heat removal is critical, including high-density GPU environments, advanced AI clusters, and HPC deployments.Faizeon™ 500 fluid – A two-phase immersion cooling fluid, formerly Opteon™ 2P50 dielectric fluid, purpose-built for full-server immersion cooling with excellent dielectric properties, full-server heat capture, ultra-high-density AI deployment support, and waste heat recovery potential.

Benefits of Faizeon™ fluids:

Superior heat transfer: Through phase change Faizeon™ fluids absorb and remove high heat loads from processors and server components.Lower cooling-related energy demand: Systems designed for Faizeon™ fluids can reduce the energy required for data center cooling, improving facility efficiency.Minimal cooling-related water consumption: Faizeon™-enabled systems can nearly eliminate cooling-related water use, depending on system design and operating conditions.Fluid circularity: Faizeon™ fluids are engineered to support recovery, reprocessing, and reuse.

To support continued innovation and accelerated adoption of advanced liquid cooling technologies, Chemours has collaborated across the data center ecosystem to help advance the adoption of two-phase liquid cooling technologies. These efforts include engagements with the U.S. Department of Energy’s Oak Ridge National Laboratory (ORNL), NTT DATA, 2CRSi, DataVolt, Munters, Accelsius, and ZutaCore. Learn more at Faizeon.com.

About The Chemours Company

The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn.

Forward-Looking Statements 
This press release contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which involve risks and uncertainties. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical or current fact. The words “believe,” “expect,” “will,” “anticipate,” “plan,” “estimate,” “target,” “project” and similar expressions, among others, generally identify “forward-looking statements,” which speak only as of the date such statements were made. These forward-looking statements may address, among other things, new product development, expected timeline for adoption of new technologies, obtaining required regulatory approvals, decreasing environmental footprint, plans to continue investment in research and development, all of which are subject to substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. These statements are not guarantees of future performance. Forward-looking statements also involve risks and uncertainties that are beyond Chemours’ control. Matters outside our control, including general economic conditions, market adoption of technology, geopolitical conditions and global health events, regulatory changes, and changes in environmental regulations in the U.S. or other jurisdictions that affect demand for or adoption of our products, have affected or may affect our business and operations and may or may continue to hinder our ability to provide goods and services to customers, cause disruptions in our supply chains such as through strikes, labor disruptions or other events, adversely affect our business partners, significantly reduce the demand for our products, adversely affect the health and welfare of our personnel or cause other unpredictable events. Additionally, there may be other risks and uncertainties that Chemours is unable to identify at this time or that Chemours does not currently expect to have a material impact on its business. Factors that could cause or contribute to these differences include the risks, uncertainties and other factors discussed in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the year ended December 31, 2025 and our forthcoming Quarterly Report on Form 10-Q for the quarter ended September 30, 2026. Chemours assumes no obligation to revise or update any forward-looking statement for any reason, except as required by law.  

CONTACTS:

INVESTORS
Brandon Ontjes
VP, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

1 ©2026 The Chemours Company. Chemours™, and the Chemours logo, are trademarks of The Chemours Company. Faizeon™ is a trademark of The Chemours Company FC, LLC.

 

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SOURCE The Chemours Company

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Klook launches K.ai, an AI agent that manages merchants’ back-office operations

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K.ai goes beyond answering questions to executing inventory, pricing, and booking-related tasks in Klook’s merchant portal

SINGAPORE and HONG KONG, Nov. 3, 2026 /PRNewswire/ — Klook, a leading global platform for experiences, launches K.ai, an AI agent that helps experiences merchants manage their businesses by executing everyday tasks in Klook’s merchant portal.

Unlike conventional AI assistants that only answer questions or provide recommendations, K.ai can retrieve business information and act on merchants’ instructions, from checking bookings and availability to updating inventory and pricing. This reduces the need for merchants to navigate multiple menus and complete routine tasks manually.

K.ai is now being introduced to Klook’s merchants through a phased global rollout, ahead of the year-end travel season.

Bringing SMEs from offline to AI-powered operations

Experiences remain one of travel’s least digitized categories. According to Euromonitor, only about 34% of experiences bookings are made online, compared with 66% for accommodations and 81% for flights.

A key reason is fragmentation: small and medium-sized (SME) operators make up around 95% of the sector, and many lack the digital reach to sell beyond walk-ins and offline channels. The result is a large, fragmented supply base that travelers still struggle to find, compare and book online.

By bringing these merchants online, Klook makes them discoverable and bookable to travelers worldwide, and by embedding AI into Klook’s existing tech infrastructure, it helps them leapfrog from manual processes to AI-powered business management.

“Many experiences merchants don’t have dedicated teams to manage technology or back-office operations. With K.ai, we’re bringing the most practical and valuable agentic AI capabilities into their day-to-day operations, removing much of the manual work involved in running their businesses, so they can spend more time on what they do best: delivering meaningful experiences for travelers,” says Bernie Xiong, Co-founder and CTO of Klook.

From answering questions to getting work done

For SME merchants, managing bookings, inventory and pricing is essential but time-consuming. While most AI business assistants only answer questions, K.ai goes further — it answers questions and takes action.

A merchant can ask, “What did my bookings look like last week?” and receive a report. The merchant can then instruct K.ai to “Raise the weekend price by 10%” and have the change applied in the merchant portal.

Early results from merchants using K.ai demonstrate operational improvements. Tasks that required multiple steps can now be completed 95% faster for individual inventory and pricing updates, and 97% faster for batch checks of products, inventory and orders.

Beyond efficiency, merchants using K.ai recorded 3.4 times as many monthly bookings of those not using the agent. With the ability to adjust operational details in seconds, merchants are better equipped to respond to changing demand and capture booking opportunities.

“I used to block out an hour every morning to update prices and availability across my tours,” says Erica Yu, Co-founder of MyProGuide in Taiwan. “The difference is tangible. Now I tell K.ai what I want, and it’s done before my coffee is. I’m catching last-minute demand that I used to miss, and I finally have more time to work on the tours themselves.”

From back-office operations to business growth

Beyond supporting day-to-day merchant portal operations and queries, K.ai also simplifies other time-consuming aspects of running an experiences business.

With one-click product listing, merchants can upload existing materials and have K.ai generate structured product listings, pre-filling fields for merchants to review and edit instead of building listings from scratch.

K.ai also helps merchants make more informed business decisions by turning customer reviews and performance data into actionable insights.

Through the Reviews and Dashboard pages, K.ai highlights changes in business performance, identifies potential reasons behind them and surfaces opportunities for improvement. This helps merchants better understand customer needs, improve service quality and refine their offerings, shifting their focus from routine administration to growing their businesses.

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SOURCE Klook

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izmo Microsystems Successfully Develops and Qualifies Indigenous Pitch Detector for Defence Avionics

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Achievement demonstrates integrated electronics design, advanced semiconductor packaging and military grade manufacturing capabilities.

BENGALURU, India, Nov. 3, 2026 /PRNewswire/ — izmo Limited (NSE: IZMO) (BSE: 532341) today announced that its semiconductor subsidiary, izmo Microsystems Pvt. Ltd., has successfully developed and completed defence qualification of an indigenous Pitch Detector – a critical avionics component that senses aircraft pitch attitude and provides correction data to the gyromagnetic compass navigation system. The component is used across multiple military aircraft and helicopter platforms currently in active service.

The original foreign origin Pitch Detector faced irregular and limited supply from its overseas manufacturer, creating operational challenges for platforms dependent on it. izmo Microsystems undertook a complete indigenization program to develop a fully compatible Indian replacement, reducing dependence on imported components and strengthening domestic supply chain resilience.

izmo Microsystems successfully reengineered the original component without access to its design documentation, redesigned the electronics using modern technology, and manufactured a fully compatible replacement in India. The component was developed and manufactured at the Company’s DSIR recognised advanced semiconductor packaging facility in Bangalore, and successfully qualified to military reliability standard MIL-PRF-38534.

The achievement demonstrates izmo Microsystems’ ability to undertake complete product development programs, from design and engineering through manufacturing and qualification. These integrated capabilities position the Company to address a wider range of defence and aerospace indigenization opportunities, particularly where imported components are obsolete, difficult to procure or no longer supported by their original manufacturers.

The development also reflects the growing maturity of izmo Microsystems’ technology platform, which combines advanced electronics design with high reliability semiconductor packaging and manufacturing. These capabilities support the Company’s activities across defence, aerospace, silicon photonics and other advanced semiconductor applications.

India’s defence budget for FY2026–27 stands at ₹7.85 lakh crore, including ₹2.19 lakh crore for capital expenditure, reflecting the Government’s continued commitment to defence modernization and self reliance. With increasing emphasis on indigenous procurement and import substitution, izmo Microsystems sees growing opportunities to apply its engineering and manufacturing capabilities across the defence electronics sector.

About izmo Microsystems Pvt. Ltd.

izmo Microsystems Pvt. Ltd. is the advanced semiconductor packaging subsidiary of NSE/BSE listed izmo Limited. Based in Bengaluru, the Company operates a state-of-the-art facility providing integrated design, packaging and manufacturing services across silicon photonics, RF and microwave electronics, 3D System-in-Package integration, hermetic packaging and high reliability defence electronics.

For more information, visit  www.izmomicro.com / www.izmoltd.com or contact:   

Media Contact

izmomicro Communications

Email: info@izmomicro.com 

Investor Contact  

izmo Limited

No. 177/2C, Bilekahalli Industrial Area, Bannerghatta Road, Bangalore 560076

CIN: L72200KA1995PLC018734

Email ID: investors@izmoltd.com

Caution Concerning Forward- Looking Statements: Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements. Further, past performance is not necessarily indicative of future results. Given these risks, uncertainties and other risk factors, viewers are cautioned not to place undue reliance on these forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. 

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Auden Techno Corp. Recognized at Asia Pacific Enterprise Awards 2026 Taiwan Chapter for Strong Corporate Governance and Ethical Practices

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TAIPEI, Nov. 3, 2026 /PRNewswire/ — Auden Techno Corp., a Taiwan-based connectivity solutions provider established in 1981, has been recognized with the Corporate Integrity and Governance Excellence (CIGE) Award at the Asia Pacific Enterprise Awards (APEA) 2026 Taiwan, organized by Enterprise Asia. The recognition highlights the company’s continued commitment to integrity, responsible governance, and effective risk management as it advances connectivity solutions worldwide.

Led by Chairman and General Manager Daniel Chang, Auden Techno Corp. operates five business divisions covering Wireless Communications, Instrument Equipment Sales, Sustainability, mmWave, and Advanced R&D. Guided by its principles of “Integrity and Innovation”, the company places the Board of Directors at the center of its governance framework. In 2025, the Board convened eight meetings with a 97% attendance rate, while ESG oversight covering governance, information security, environmental protection, and social engagement was delegated to the Sustainable Development Committee. An independent Internal Audit Office reports quarterly to the Board and supports risk management across strategy, finance, compliance, and climate change.

Auden Techno Corp. has also embedded integrity into its organizational practices. All directors and senior executives have signed Integrity Management Declarations, while annual anti-corruption training is provided to all employees. An independent whistleblowing channel protects reporting parties, with zero violations recorded in 2025. Since 2025, ESG performance has also been linked to executive compensation with a 30% weighting.

The company’s governance framework is supported by measurable performance. It recorded zero information security incidents in 2025 and has maintained zero environmental violations, corruption incidents, and discrimination complaints for years. Its Corporate Governance Evaluation score of 91.30 placed it in the top tier for two consecutive years, demonstrating how integrity and governance have been integrated into its business operations.

These sustained efforts reflect Auden Techno Corp.’s commitment to embedding integrity, accountability, and responsible governance across its operations. Its consistent approach to ethical business practices and effective oversight demonstrates the strong governance foundation behind its recognition at the APEA 2026.

The APEA 2026 Taiwan is supported by the Taiwan Institute for Sustainable Energy (TAISE), with KPMG Taiwan as the Official Assurance Partner. PR Newswire serves as the Official News Release Distribution Partner while Commercial Times and Dailywire.asia serve as the Media Partners.

About Enterprise Asia

Enterprise Asia is a non-governmental organization in pursuit of creating an Asia that is rich in entrepreneurship as an engine toward sustainable and progressive economic and social development within a world of economic equality. Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organizations to promote competitiveness and entrepreneurial development, uplifting the economic status of people across Asia and ensuring a legacy of hope, innovation, and courage for future generations. Please visit https://www.enterpriseasia.org/ for more information.

About Asia Pacific Enterprise Awards

Launched in 2007, the Asia Pacific Enterprise Awards is the region’s most prestigious award for outstanding entrepreneurship, continuous innovation, and sustainable leadership. The Award provides a platform for companies and governments to recognize entrepreneurial excellence, hence spurring greater innovation, fair business practices, and growth in entrepreneurship. As a regional award, it groups together leading entrepreneurs as a powerful voice for entrepreneurship and serves as a by-invitation-only networking powerhouse. The program has grown to encompass 16 countries/ regions and markets all over Asia. For further information, please visit https://apea.asia/taiwan/. 

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SOURCE Enterprise Asia

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