Tag: Strengthens

NEC Corporation (NEC; TSE: 6701) today announced a strategic investment in “Seraphim Space Venture Fund II,” a pioneering venture capital fund specializing in the space industry and operated by Seraphim Space, the most prolific investor globally in this domain. Seraphim Space boasts a distinguished portfolio comprising over 100 space-related startup companies, covering a spectrum of stages from seed to later stages. Their investments span the entire space ecosystem including upstream (satellite manufacturing, launch, space stations, return to earth logistics and in-orbit services such as debris removal) to downstream (utilization of satellite data in areas such as climate and sustainability, telecommunications, ... Read more

Toyota Motor Corporation (TMC) has agreed with Panasonic Holdings Corporation (Panasonic HD) to make Primearth EV Energy Co., Ltd. (PEVE) a wholly owned subsidiary in order to strengthen its capabilities in mass-producing automotive batteries. The acquisition is scheduled to take place in late March. Among Toyota-affiliated companies, currently PEVE, Toyota Industries Corporation, and Prime Planet Energy & Solutions, Inc. (ownership: Toyota 51%, Panasonic HD 49%) mass produce batteries for hybrid electric vehicles (HEVs), with the latter also making batteries for battery electric (BEV) and plug-in hybrid electric vehicles (PHEVs). Toyota will continue collaborating with these companies in battery mass production ... Read more

NEC Corporation (TSE: 6701) has developed a technology that strengthens the security of supply chains by detecting vulnerabilities in software from the binary code(1) of executable files, without the need for source code. This technology automates part of the static analysis of software for which source code is not available, which previously had to be done by experts, thereby reducing the time for static analysis by 40%. Background In recent years, supply chains in all industries have been expanding and becoming more complex due to digital transformation (DX) and globalization. Under these circumstances, there is a growing concern about cyberattacks ... Read more

LCSD strengthens promotion of urban sports ******************************************      To strengthen the promotion of urban sports that have been introduced in the Olympic Games and the Youth Olympic Games, as well as to encourage public participation in sports activities, the Leisure and Cultural Services Department (LCSD) will organise more urban sports programmes including 3-on-3 basketball, sport climbing, breaking, skateboarding and futsal across Hong Kong this year. Interested members of the public are welcome to join.      With a view to bolstering the participation of youth, the LCSD will launch a series of free promotional fun days with specific urban sports themes which are ... Read more

Singapore-headquartered regional law firm RHTLaw Asia has appointed Mr Yeong Wai Cheong as partner in the firm’s Real Estate practice. Mr Yeong Wai Cheong, Partner at RHTLaw Asia and Mr Azman Jaafar, Managing Partner at RHTLaw Asia [L-R] Wai Cheong brings extensive experience in real estate, banking and finance, representing Singapore-listed companies and banks, purchasers and vendors, developers, landlords and tenants across a range of domestic and cross-border financing and real estate matters. He has been consistently ranked as a “Recommended Lawyer” for Real Estate in the Legal 500 Asia Pacific for seven consecutive years. Dual-qualified in Singapore and Hong ... Read more