TOKYO, Mar 12, 2025 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., today announced that JCB is now available on Google Play in Thailand, Indonesia, Vietnam, the Philippines and Hong Kong.Through these years, JCB Cardmembers in Asia have experienced significant growth. In addition to the growth, JCB is committed to providing its Cardmembers with expanded accessibility across the entire payment experience, including the digital environment. JCB will continue to strive to improve the overall payment experience for all JCB Cardmembers, not just in Asia.Yoshiki Kaneko, President & CEO, JCB International Co., Ltd., said: “We are delighted to announce the expansion of the availability for using JCB on the Google Play. Google Play support has always been a key demand from JCB Cardmember community across the region and JCB is proud to be working with Google, one of the key players in the changing digital environment, to provide availability to the JCB Cardmember community.”About JCBJCB is a major global payments brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/MEDIA CONTACTS:JCB (Head Office in Japan)Anna TakedaCorporate CommunicationsTel: +81-3-5778-8353 Email: jcb-pr@info.jcb.co.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
TOKYO, Mar 12, 2025 - (JCN Newswire via SeaPRwire.com) - TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd. (Head Office: Chuo-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), a company engaged in the industrial precious metals business of TANAKA, announces the development of its miniaturized micro profile tape, a next-generation contact for fifth-generation signal relays. It has achieved a minimum width of 0.2 mm, making it the smallest-sized contact tape for fifth-generation signal relays. As relays become smaller, using miniaturized micro profiles can make contacts lighter in weight and suppress bounce and chattering*1 during the opening and closing of contacts. Shipment of this product’s samples is scheduled to start in late March 2025.Miniaturized micro profile (Contact tapes)Micro profiles are ultra-small contacts used in relays and switches, which are the signal control components in electronic devices. Relays are components that take in external electrical signals and carry out the opening and closing or switching of electric circuits. They are widely used in a variety of devices, such as those for communications and facilities and consumer electronics. Contacts embedded in relays responsible for the opening and closing of electric circuits require a high level of reliability as they may cause wrong operation or malfunction of devices if they do not operate properly.In recent years, the miniaturization of electronic devices has led to an increased demand for smaller relays. As relays shrink in size, the weight of the contact that causes bounce during opening and closing has become a significant issue. It is believed that bounce can be minimized by using smaller and lighter contacts. By reducing bounce, electrical signals can be controlled more accurately, which helps to prevent malfunctions in devices. Additionally, smaller contacts contribute to resource savings by reducing the amount of precious metals used, ultimately lowering costs. TANAKA has successfully developed miniaturized contacts through years of research and development in precious metal materials, along with advanced processing technology.Next-Generation Contact for Fifth-Generation Signal RelaysSince entering practical use in the 1830s, relays have been embedded in various electronic devices. Relays that control larger signals using relatively smaller signals (contact opening and closing current of up to 2 A) are called signal relays. Research and development of signal relays and contacts have progressed together with the development of electronic devices, with relays and the contacts inside them becoming smaller.TANAKA has been developing contacts for signal relays since the 1970s, succeeding in developing contacts (0.3 mm tape width) for fourth-generation signal relays in 1998 and contacts (0.25 mm tape width) for fifth-generation signal relays in 2023. Fifth-generation signal relays are used in various fields requiring a high level of reliability, such as communication devices, semiconductor inspection equipment, medical devices, network cameras, smart consumer electronics, and automobiles.History of signal relay contact miniaturization *Based on research by TANAKAMiniaturized contact that is compatible with various materials and methodsThe miniaturized micro profile contact tapes of TANAKA is compatible with various materials and methods. Multilayer contacts using different types of metals are available for a wide range of electric loads and are achieved through employing unique precision bonding techniques.Features of micro profiles (contact tapes)1. Allows multilayer bonding of different types of metals2. Contact tape with excellent bonding strength across its entire length3. Allows reduced sizes of relays and switches4. Various contact materials, shapes and thickness are available to suit a variety of applications.5. Method for forming the gold (Au) layer on the surface can be selected depending on the desired properties (cladding or sputtering)Cladding (left) and sputtering (right)*1 Both bounce and chattering are undesired phenomena in switches and relays, where the unintended opening and closing of contacts may lead to wrong operation. Bounce refers to the phenomenon where, due to shock during contact opening and closing, the contact jumps and repeatedly opens and closes. Chattering refers to the phenomenon of repeated opening and closing due to external vibration and such.About TANAKASince its foundation in 1885, TANAKA has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,355 employees, the group’s consolidated net sales for the fiscal year ending December 2023 was 611.1 billion yen.Official Website: TANAKA PRECIOUS METAL TECHNOLOGIEShttps://tanaka-preciousmetals.comProduct inquiriesTANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/Press inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press release: https://www.acnnewswire.com/docs/files/2025312_EN.pdf Copyright 2025 JCN Newswire via SeaPRwire.com.
REDWOOD CITY, CA, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Bear Robotics is thrilled to announce that its Carti 100 autonomous mobile robot has been awarded the prestigious iF DESIGN AWARD 2025 in the Product category, Robotics discipline. This achievement reinforces Bear Robotics' position as a leader in innovative robotic design for logistics, building upon the success of the Servi Plus award earlier last year.Carti 100 stood out among nearly 11,000 entries from 66 countries, impressing a panel of 131 international design experts. The iF DESIGN AWARD, recognized globally as a symbol of design excellence, underscores Bear Robotics' commitment to merging cutting-edge technology with user-centric design.Designed by Bear Robotics' in-house design and engineering teams in Silicon Valley, Carti 100 is engineered to revolutionize indoor logistics. Capable of carrying loads up to 220 lbs, and offering extensive customization options, Carti 100 integrates seamlessly into diverse operational environments. This award highlights its innovative design and advanced operational capabilities."Building on the recognition of Servi Plus, the Carti 100 further demonstrates our dedication to creating robots that are both technologically advanced and intuitively designed for real-world applications," said John Ha, CEO of Bear Robotics. "Carti 100 is designed to increase efficiency in warehouse and factory settings, and we are very proud of this award."Carti 100's compact design allows for agile navigation in confined spaces, making it ideal for various indoor settings. Its multi-robot synchronization capabilities enable efficient, coordinated workflows. For example, in warehouse trials, synchronized Carti 100 units have reduced inventory transfer times by an average of 25%. Equipped with advanced navigation and automated charging, Carti 100 ensures continuous operation, with up to 10 hours of runtime on a single charge, maximizing cost-effectiveness and transforming material handling processes."We have seen that in testing, the Carti 100 has been able to dramatically increase the throughput of goods moved in warehouse settings. The ability for the robots to work together has been a game changer," said a warehouse test participant.About Bear RoboticsFounded in 2017, Bear Robotics develops AI-powered autonomous robots designed to improve daily tasks. Our flagship Servi robots are deployed in hospitality, healthcare, and retail sectors across North America, Europe, and Asia. For more information, please visit www.bearrobotics.ai.About the iF DESIGN AWARDSince 1954, the iF DESIGN AWARD has been recognized as a globally prestigious symbol of design excellence. Award-winning entries are showcased on ifdesign.com.Media ContactGennaro GalloHead of Marketinggennaro@bearrobotics.aiSOURCE: Bear Robotics, Inc Copyright 2025 ACN Newswire via SeaPRwire.com.
ROMEOVILLE, IL, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, today launched the Formerra+ ecommerce website, now upgraded to deliver a faster, more intuitive, and personalized experience for customers across multiple industries. The enhanced site provides purchasing, engineering, and quality control customers with easy access to ordering and technical information so that they can get the materials they need faster."Our customers are looking for efficiency, accuracy, and convenience when managing orders and purchasing materials," said Cathy Dodd, Chief Executive Officer at Formerra. "The upgraded Formerra+ online and mobile experience reflects our commitment to delivering the best digital tools and 24/7 ordering experience to customers worldwide."Formerra+ offers simplified navigation and a modern user interface along with improved search and filtering capabilities, new payment options, and a streamlined checkout process. Together, these improvements make ordering, reordering, documentation downloads, and answers to material availability and pricing quicker and easier. In addition, the site will be rolling out additional features aimed at personalizing individual customer experiences."We continue to advance our digital capabilities to simplify our customers' access and material selection process," Dodd added. "Our goal is to create an online experience that not only meets industry standards but sets a new benchmark for convenience and accessibility. This development also supports our supplier partners by providing more visibility into material demand, helping to streamline planning and collaboration."Formerra+ reflects the company's ongoing investment in digital innovation to support customers with dependable supply chain solutions, collaborative technical guidance, and proactive sustainability strategies.To access the enhanced site, customers can visit formerra.com and click on Formerra+ in the top menu.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.Media ContactJuan GuerreroMarketing Communications, Formerrajuan.guerrero@formerra.com+1 630-972-3145SOURCE: Formerra Copyright 2025 ACN Newswire via SeaPRwire.com.
WEST PALM BEACH, FL AND NEW DELHI, INDIA, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn. celebrates 135 years of sport inspiration as the official brand of the United States Polo Association (USPA) with a spectacular exhibition game and fashion show in the heart of India's polo capital, Delhi. More than 300 VIP guests attended this milestone event honoring the sport's enduring legacy with a thrilling exhibition match at the iconic Jaipur Polo Grounds, followed by an exclusive U.S. Polo Assn. Spring-Summer 2025 fashion showcase at the luxurious D'Monde Members Club.U.S. Polo Assn.As part of U.S. Polo Assn.'s global moment, this grand event united polo enthusiasts, fashion aficionados, and cultural tastemakers in an event that paid tribute to the sport's rich heritage and longstanding influence. The highlight of the evening was an intense and action-packed exhibition match, where the USPA India Team, led by HH Maharaja Sawai Padmanabh Singh of Jaipur, took on the USPA Global Team with players from around the world in a gripping championship. The final period saw fierce competition, with both teams battling goal for goal, but USPA India ultimately secured victory with a final score of 8-7, edging ahead by one goal.The Most Valuable Player of the match was HH Maharaja Sawai Padmanabh Singh of Jaipur, whose exceptional performance on USPA India Team captivated the audience, while the Best Playing Pony title was awarded to a horse proudly owned by Bk. Jaisal Singh, who played for the USPA Global Team.Kulin Lalbhai, Vice Chairman, Executive Director of Arvind Fashions Ltd., graced the occasion and threw the opening game ball at the beginning of the first period. Adding to the authenticity of the experience, renowned U.K.-based polo commentator Karl Ude-Martinez brought the match to life with his expert insights and dynamic storytelling, making it an unforgettable experience for attendees.Following the high-octane game, guests were invited to an exclusive fashion showcase at D'Monde Members Club, where U.S. Polo Assn. unveiled its much-anticipated Spring-Summer 2025 Collection. Staying true to the brand's sport-inspired heritage, the Collection masterfully combined classic polo-inspired silhouettes with contemporary styling, embodying the spirit of both effortless elegance and timeless fashion. From signature polo shirts and tailored separates to breathable linens and elevated casuals, the Collection captured the essence of the sport of polo while catering to the evolving preferences of modern consumers.The event witnessed an eclectic mix of sports personalities, fashion insiders, and cultural tastemakers, like Maharaja Narendra Singh of Jaipur and cricketer Nitish Rana, Bollywood glitterati Harshvardhan Kapoor, U.S. Polo Assn. Global Brand Ambassador Palak Tiwari, Rannvijay Singh, Varun Sood, Lakshya, and Babil Khan. Adding to the glamour were Kalyani Chawla, luxury entrepreneur & tastemaker; Samarth & Sameer Kasliwal of the Gem Palace; and Priya Paul & Sethu Vaidyanathan of The Park Hotels."This 135th Anniversary celebration is a testament to the USPA's legacy in fostering the sport of polo while embracing the future," said J. Michael Prince, President and CEO of USPA Global, the company that manages and oversees the multi-billion-dollar U.S. Polo Assn. brand across 190 countries. "Bringing together the thrill of the game with a U.S. Polo Assn. global fashion show in a city as vibrant as Delhi underscores our mission to celebrate the authenticity of our global sports brand and the accessibility of the sport of polo as well as the brand, both on and off field."Today, India is the fastest-growing market for U.S. Polo Assn. globally, and the brand continues to see very strong momentum. These very special events reflect our ongoing commitment to further building our strong presence here," Prince added.Speaking on the significance of the event, Shailesh Chaturvedi, Managing Director and CEO of Arvind Fashions Ltd., said, "The sport of polo is deeply rooted in India's history, and continues to inspire our consumers. The U.S. Polo Assn. brand seamlessly blends tradition with modern style, and the launch of the Spring-Summer 2025 Collection in this historic setting is a tribute to the sport's timeless appeal. We are thrilled to be part of this grand global anniversary celebration.""Celebrating 135 years of sports inspiration is not just about marking a milestone - it's about honoring a legacy that blends the heritage of the sport of polo with a contemporary fashion sensibility," said Amitabh Suri, CEO, U.S. Polo Assn. India. "With this celebration, we are inviting consumers and sports fans across India to become a part of this rich legacy of the sport of polo and celebrate the greatest story of sport and fashion."With Delhi as a key market, this event is a pivotal moment in U.S. Polo Assn.'s year-long global celebrations, which include activations across North America, Europe, the Middle East, Latin America, and Asia. Fans of the sport and brand enthusiasts will continue to be engaged with the 135th Anniversary Limited Edition Collection through in-store experiences and digital activations.Stay connected and follow the journey at uspoloassn.in and on social media @USPoloAssnIndia for more updates on the 135th Anniversary celebrations.About U.S. Polo Assn.U.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in North America, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN in the United States and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.Visit uspoloassn.in or uspoloassnglobal.com and follow @uspoloassn and @uspoloassnindia.About Arvind Fashions LimitedArvind Fashions Ltd. is India's number one casual and denim retailer, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across sub-categories and price points. Arvind Fashions houses a number of renowned brands, both international and indigenous, like U.S. Polo Assn., Arrow, Tommy Hilfiger, Calvin Klein, and Flying Machine.Additional images available upon request.Contact InformationStacey KovalskyVP, Global PR and Communications, USPA Global HQskovalsky@uspagl.com+001.561.790.8036Sneha MahantHead-Marketing, U.S. Polo Assn. Indiasneha.mahant@arvindfashions.comMouneeta DewanPR Punditmouneeta.dewan@prpundithavasred.comSOURCE: U.S. Polo Assn. Copyright 2025 ACN Newswire via SeaPRwire.com.
HONG KONG, Mar 11, 2025 - (ACN Newswire via SeaPRwire.com) - Since the beginning of the year, driven by the explosive popularity of the domestic large model, DeepSeek, Hong Kong technology stocks have continued to strengthen, making AI-related concept stocks a focal point for investors. Among them, Qunabox Group (00917.HK), China’s leading AI interactive marketing service provider, has seen its stock price repeatedly hit new highs. As of the close on March 10, its stock price was reported at HK$ 84.5, with a cumulative increase of 28.0%. In fact, since its listing at the end of May last year, Qunabox Group’s stock price has continued to rise, nearly 2.4 times in just over nine months. It has been selected as a constituent of the Hang Seng Composite Index, entered the Hong Kong Stock Connect, and has become one of the star stocks in the Hong Kong stock AI industry chain.The strong stock performance is inseparable from Qunabox Group’s robust fundamentals. On March 10, 2025, Qunabox Group released its 2024 annual report. Over the past year, the Company has continued to achieve rapid growth by diversifying its service industry, increasing the development and conversion of high-margin products such as AI interactive marketing, expanding cooperation with brand customers, and refining its operations. The Group recorded revenue of RMB1,339.5 million during the Reporting Period, representing a year-on-year increase of 33.1%; the gross profit increased to RMB749.8 million, representing a year-on-year growth of 40.1%.Leveraging AI to Drive New-Quality Productive Forces in Marketing, Boosting Strong Profitability Through Innovative ProductsWith the rapid development and widespread adoption of domestic AI large models, represented by DeepSeek, AI’s empowerment of the marketing industry has evolved from marketing content creation and efficiency enhancement of placement and operations to revolutionizing marketing interaction modes and advancing the intelligence of offline marketing carrier. AI technology has become a crucial engine driving the development of new-quality productive forces in the marketing sector. On the demand side, brand owners are demonstrating a growing acceptance and recognition of AI + marketing, the application scenarios are increasingly expanding, and the market demand is currently showing a trend of rapid growth.In 2024, Qunabox Group, as China’s leader in AI interactive marketing services, continued to heavily invest in the field of AI interaction. The Company launched several innovative AI interactive marketing products, including digital human shopping guide based on AI large language models, AI tactile interaction, and AI emotion recognition. These products have successfully achieved commercial implementation. Meanwhile, it expands the application scenarios and range of multi-sensory AI interactions, such as olfactory interaction, scent diffusion, movement recognition, and voice interaction, effectively driving innovation in the marketing industry. For example, digital human shopping guide based on AI large language models can deliver highly personalized product recommendations tailored to specific scenarios, user needs, and profiles. This not only further enriches marketing models and enhances conversion efficiency but also provides users with a more novel and personalized marketing experience. Without a doubt, Qunabox Group’s AI interactive marketing terminals have become a successful model for the implementation of AI hardware in the marketing industry.Thanks to these initiatives, revenue from Qunabox Group’s value-added marketing services represented a year-on-year increase of 53.5% in 2024, with a gross profit margin of 90.1%, significantly strengthening the Company’s profitability. Meanwhile, Qunabox Group deepened its cooperation with key clients, with the average revenue per major customer rising to RMB18.0 million, representing a year-on-year increase of 30.1%.Supporting the “Debut Economy” Initiative and Providing Comprehensive Solutions for New Product IncubationIn recent years, the government has introduced a series of policies to encourage the development of the “Debut Economy”. In June 2024, the National Development and Reform Commission issued the Notice on Measures to Create New Consumption Scenarios and Foster New Consumption Growth Drivers, explicitly stating the need to cultivate new shopping consumption scenarios and leverage new technologies to enhance the shopping experience. In December 2024, the Central Economic Work Conference emphasized the importance of actively promoting the Debut Economy in 2025. The deep integration of the Debut Economy with cutting-edge technologies is injecting new vitality into the consumer market.Qunabox Group actively responds to the national call for developing the Debut Economy by leveraging its technological and service advantages in AI marketing. It provides brand clients with comprehensive new product incubation solutions that cover all stages from product development, marketing, to sales and user feedback collection, driving holistic growth for new products through AI and big data technologies. In 2024, through the integration and analysis of user feedback and sales data accumulated on the platform over the years, the Group has further enriched the industry database and launched a new flavor database and pre-scoring service of new products for beverages and snack food, aiming to help beverage and snack food brands quickly screen new flavors during their development phase, accelerate their R&D process, and increase the success rate.During the marketing and promotion phase, Qunabox Group utilizes AI interactive marketing terminals and online platforms to create unique marketing and sales experiences for new products, capturing consumer attention and engagement while accelerating sales conversion. In 2024, based on the original visual, auditory, olfactory and motor capabilities, the Group further expanded the multi-sensory interaction capabilities of the AI interactive marketing terminals to the sense of touch, driving their evolution towards full-sensory interaction. This evolution delivers more immersive and comprehensive marketing experiences to users, while offering brands a broader range of innovative marketing options to expedite market entry and enhance brand elevation.Advancing globalization and diversification strategies to expand new avenues for growthWhile maintaining its leadership in the domestic market, Qunabox Group is actively driving forward with international expansion and diversification strategies, creating new opportunities for promoting the expansion of its business scale.Qunabox Group plans to expand beyond its presence in the Middle East market by entering the Singapore market. Additionally, the Company will initiate strategic business acquisitions based on its ecosystem to further integrate resources and enhance synergies across business sectors. This approach aims to achieve high-quality diversified development and build a comprehensive brand service ecosystem. These efforts will further strengthen its overall competitiveness and provide sustained momentum for performance growth.Conclusion:As China’s leading AI interactive marketing service provider, Qunabox Group is pioneering the integration of cutting-edge AI technology into the marketing industry, aligning with the national Debut Economy initiative. It has successfully commercialized AI+ marketing solutions, significantly enhancing advertising effectiveness and consumer engagement, driving robust business growth.Building on its proven domestic success, Qunabox Group is accelerating strategic international expansion, leveraging its AI+ marketing ecosystem to capture new growth opportunities in global markets. Qunabox Group is well-positioned to sustain its rapid growth momentum. Looking ahead, Qunabox Group is poised to solidify its leadership, drive long-term value creation, and redefine the future of AI+ marketing.” Copyright 2025 ACN Newswire via SeaPRwire.com.
SINGAPORE, Mar 11, 2025 - (JCN Newswire via SeaPRwire.com) - JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand announced premier sponsorship for the 10th edition of Sakura 2025 at Singapore's Gardens by the Bay. The event was opened by Mr. Tan Kiat How, Senior Minister of State, Ministry of National Development & Ministry of Digital Development and Information, Mr. Toru Hotta, Charge d'Affaires of the Embassy of Japan in Singapore, and Mr. Felix Loh, CEO of Gardens by the Bay. JCB's sponsorship is part of its continuing efforts to support local activities and attractions. For example, in 2022, JCB sponsored Singapore's countdown event, Star Island Singapore Countdown Edition 2022-23 Presented by JCB, organised by Avex and held in the prestigious Marina Bay area.Sakura 2025 brings Japan's unique culture and beautiful architectural history to Singapore for residents and visitors from all over the world. As Singapore is a tourism hub, the seasonal highlight enhances the appeal of Gardens by the Bay and Singapore as a whole for tourists."We see Sakura 2025 as an excellent opportunity to showcase Japanese culture and beauty to visitors to Gardens by the Bay. JCB, as the only international payment brand originating from Japan, is one of the sponsors of the event. We also see this as a great opportunity to promote cross-border tourism between Singapore and Japan. Although tourism from Singapore to Japan in 2024 has increased tremendously, we hope that this event will promote a deeper understanding of Japan's interesting culture and further boost tourism to Japan. We also hope that this will raise awareness of JCB's presence and merchant privileges in Singapore, thereby promoting JCB Card usage here," said Hiroko Michishita, Managing Director, JCB International Asia Pacific.During the period of Sakura 2025, banners on selected street lamps, garden banners, and MRT advertisements will feature the event. By pairing this cultural experience with strategic visibility through the event's publicity materials, JCB aims to strengthen its presence in Singapore while encouraging travel and cultural exchange between Japan and Singapore.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 53 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 164 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactAnna TakedaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2025 JCN Newswire via SeaPRwire.com.
More than 40 percent of the total investment dedicated to the U.S. underpins commitment to scale up the industry to meet surging transformer demandThe U.S. investment includes hiring more than 100 people to expand domestic key component manufacturing to strengthen local supply chainBuilds on the $6 billion USD investment announced in 2024 – the largest in the industry in recent years to respond to the urgent need to upgrade power gridsZurich and Houston, Mar 11, 2025 - (JCN Newswire via SeaPRwire.com) - Hitachi Energy announced today at CERAWeek additional major investments of more than $250 million USD by 2027 to expand global production of critical components for transformers. This rapid follow-up to the recently announced $6 billion USD investment across the company portfolio reflects the escalating transformer shortage, which continues to increase.As the electrification of industries, particularly data centers and AI, drives unprecedented demand for electricity, theneed for transformers has surged beyond initial projections. To keep pace with this accelerating demand, Hitachi Energy is expanding its commitment to scale up production and strengthen supply chains in the U.S. and worldwide.These investments bolster Hitachi Energy’s manufacturing capabilities across the U.S., enhancing production capacity at the company’s transformer factories in Virginia, Missouri, and Mississippi. It includes transformer components such as bushings and insulation as Hitachi Energy is a critical supplier to other transformer manufacturers.This pivotal move will also help alleviate the broader, ongoing transformer supply shortage, ensuring increased production capacity and supply-chain resilience. The global investment program, one of the most significant in the industry today, also strengthens Hitachi Energy’s manufacturing capabilities in Asia, South America, and Europe.“The demand for transformers and grid infrastructure is rising at an unprecedented scale and pace,” said AndreasSchierenbeck, CEO of Hitachi Energy. “As the world’s largest transformer manufacturer, we have a responsibility to expand our capacity and accelerate the delivery of transformers and essential components, helping the industry scale up faster and advance critical infrastructure projects.”Transformer investments are part of a broader, multi-billion-dollar investment plan that Hitachi Energy is deploying across its manufacturing, engineering, digital, R&D, and partnership activities. These investments are being rolled out across all major markets globally to enable the company to meet customers’ commitments and market demand. Hitachi Energy is also delivering enhancements in supply chain management, digitalization, and automation, allowing capacity expansion and accelerated speed to market.Transformers are vital to the clean energy transition and enable the efficient transmission and distribution of electricity. They are a key element in integrating renewables, expanding grid interconnections, powering data centers, electrifying transportation, and facilitating the decarbonization of energy systems.Transformer insulation and components, such as bushings, tap-changers, insulation material and parts, and otheraccessories, are essential to the seamless operation of transformers. Asthe world’s largest transformer manufacturer, Hitachi Energy has over 60 transformer factories and 30 service centers worldwide, providing the world's broadest portfolio of transformer insulation and components.Today's investment builds on the $6 billion USD announced in 2024, including $1.5 billion USD specifically allocated to scaling global transformer production. This expansion is essential to meeting growing demand and supporting long-termdecarbonization and electrification efforts.All announced capacity investments include sustainable and state-of-the-art manufacturing technologies for operational efficiency while ensuring high standards of safety and quality. They are advancing the company's efforts to become carbon-neutral in its own operations by 2030 and aim to create positive economic and social impacts in local communities wherever the company works.About Hitachi EnergyHitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We are advancing the world’s energy system to be more sustainable, flexible and secure and we collaborate with customers and partners to enable a sustainable energy future – for today’s generations and those to come. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries, serving customers in utility, industry, transportation, data centers and infrastructure sectors. With innovative technologies and services including the integration of more than 150 gigawatts of HVDC links into the power system, we help make the energy value chain more efficient, making electricity more accessible to all. Together with stakeholders across sectors and geographies, we enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. Headquartered in Switzerland, we employ around 45,000 people in 60 countries and generate business volumes of around $13 billion USD.https://www.hitachienergy.com https://www.linkedin.com/company/hitachienergyhttps://twitter.com/HitachiEnergyAbout Hitachi, Ltd.Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railwaysystems, and “Connective Industries” – connecting products through digital technology to provide solutions in variousindustries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2025 JCN Newswire via SeaPRwire.com.
