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Huawei Li Peng: Powering a positive 5G business cycle and embracing 5.5G (5G-A)
DUBAI, UAE, Oct. 10, 2023 /PRNewswire/ — Today, Huawei kicked off the 14th Global Mobile Broadband Forum in Dubai, UAE. Li Peng, Huawei’s Corporate Senior Vice President and President of the company’s Carrier BG, delivered a keynote at the event. In his speech, Li called on global carriers and industry partners to rise to the occasion, address increasing demands on networks, and make the most of the future trends.
“Let’s start today, build tomorrow’s networks for future services, and unleash 5G’s infinite potential for continuous success,” he said.
In his speech on powering a positive 5G business cycle and embracing 5.5G (5G-A), Li stated, “We are already on the right path towards 5G business success, and 5G-Advanced is the natural next step in 5G’s evolution.”
He emphasized that when we look back at history, every major economic transformation came from innovation in general purpose technologies. “Now we’re in the digital age, where the Internet is powering the digital economy,” said Li in his speech.
“5G is a critical part of new economic transformation,” continued Li. “And it’s enabling new innovation in general purpose technologies. For digital industries, 5G is developing fast, opening up new markets and opportunities.”
According to Li, future mobile networks need to have six key features: 10 Gbps downlink, 1 Gbps uplink, deterministic networking, support for a hundred-billion IoT connections, integrated sensing and communication, and native AI capabilities. To make this happen, carriers and industry players not only need to continuously enhance their capabilities in three core usage scenarios – enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), and ultra-reliable low-latency communication (URLLC) – but also develop three new capabilities, including Uplink Centric Broadband Communication (UCBC) and Real-Time Broadband Communication (RTBC).
Speaking on 5G-Advanced, the next evolutionary step in 5G technology, Li also noted that the industry needs to work together to promote the development of device and application ecosystems, verify use case scenarios, and accelerate the large-scale commercialization of FWA Square, Passive IoT, and RedCap.
These efforts are crucial to make the most of the five new trends that will shape an intelligent digital future.
Glasses-Free 3D
The glasses-free 3D industry ecosystem is maturing fast. Breakthroughs in technologies including cloud rendering and real-time 3D virtual humans will take immersive experience to new heights. Moving forward, more and more devices like mobile phones and TVs will support glasses-free 3D, which will drive data traffic up by a factor of ten relative to 2D video.
Self-Guided Vehicles
By 2025, there will be more than 500 million smart vehicles on the road. With high-bandwidth and low-latency networks, smart vehicles will be able to share information with people, vehicles, roads, and the cloud in real time. In assisted-driving scenarios, smart vehicles will consume more than 300 gigabytes of data every month for cloud-based model training and weekly algorithm updates. In self-driving scenarios, data consumption will rise by a factor of 100.
Next-Gen Manufacturing
With breakthroughs in capabilities like network slicing and edge computing, the number of 5G private networks for enterprise use has increased a hundredfold, and the market size has grown to over US$10 billion. However, as production lines become more flexible, increasingly reliant on wireless networks, and more core production systems are deployed on the cloud, higher requirements are posed on 5G networks.
Huawei worked with a carrier and industry partners to build the industry’s first 5G-Advanced flexible trial production line. For this production line, 5G-Advanced supports high-concurrency and highly deterministic network connections, which helps more efficiently connect computing power between cloud and network edge.
Generalized Cellular IoT
There are more than three billion mobile IoT connections around the world, and 5G now connects more things than people. In the near future, 5G will support a broader range of IoT technologies like medium-speed RedCap and Passive IoT. This will provide more options for different IoT scenarios, allowing for more efficient flow of data, information, and computing power. For example, in the home appliance manufacturing sector, Passive IoT can help provide visibility along the entire distribution and production chain, and has helped increase overall productivity by 30% in verification trials.
Guaranteed Intelligent Computing Everywhere
With the rise of new developments in AI, such as foundation models, demand for AI computing power will see explosive growth. By 2025, this demand is expected to be 100 times greater than current levels. To unleash the full potential of AI computing power, more advanced network capabilities are key. Networks will need to have larger bandwidth and lower latency to power truly intelligent connectivity. In addition, as traffic models begin to change, future networks will need to be more autonomous and intelligent to deliver a reliable experience.
Join us for the 14th Global Mobile Broadband Forum, themed “Bring 5.5G into Reality” from October 10 to 11 in Dubai, UAE. Hosted by Huawei and backed by industry partners GSMA, GTI and the SAMENA Telecommunications Council, the forum promises a deep dive into the successes of 5G, the maturity of the ecosystem, the fast-track commercialization of 5G-A/5.5G, and insights into how mobile broadband technology is shaping the future and transforming people’s lives and industries. For more information, please visit MBBF2023 at: https://www.huawei.com/en/events/mbbf2023
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STOCKHOLM, April 5, 2024 /PRNewswire/ — EQT AB’s Q1 Announcement 2024 will be published on Thursday 18 April 2024 at approximately 07:30 CEST. EQT will host a conference call at 08:30 CEST to present the report, followed by a Q&A session.
The presentation and a video link for the webcast will be available here from the time of the publication of the Q1 Announcement.
To participate by phone and ask questions during the Q&A, please register here in advance. Upon registration, you will receive your personal dial-in details.
The webcast can be followed live here and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent.
The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors. However, in order to provide the market with relevant and suitable information about the Group’s development, EQT publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq’s guidance note for preparing interim management statements into consideration). In addition, a half-year report and a year-end report including financial statements and further information relevant for investors is published. Finally, EQT also publishes an annual report including sustainability reporting.
Contact
Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Shareholder Relations, [email protected]
Rickard Buch, Head of Corporate Communications, +46 72 989 09 11
EQT Press Office, [email protected], +46 8 506 55 334
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/eqt/r/invitation-to-presentation-of-eqt-ab-s-q1-announcement-2024,c3956826
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Invitation to presentation of EQT AB’s Q1 Announcement 2024 |
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- Kia drives forward transformation into ‘Sustainable Mobility Solutions Provider’
- Roadmap enables Kia to proactively respond to uncertainties in mobility industry landscape, including changes in EV market
- Company to expand EV line-up with more models; enhance HEV line-up to manage fluctuation in EV demand
- Goal to sell 1.6 million EVs annually in 2030, introducing 15 models
- PBV to play a key role in Kia’s growth, targeting 250,000 PBV sales annually by 2030 with PV5 and PV7 models
- Kia to invest KRW 38 trillion by 2028, including KRW 15 trillion for future business
- 2024 business guidance : KRW 101 tln in revenue with KRW 12 tln in operating profit; operating profit margin of 11.9% on sales of 3.2 million units globally
- CEO reaffirms Kia’s commitment to ESG management
SEOUL, South Korea, April 5, 2024 /PRNewswire/ — Kia Corporation (Kia) today shared an update on its future strategies and financial targets at its CEO Investor Day in Seoul, Korea.
Based on its innovative achievements in the years since the announcement of mid-to-long-term business initiatives, Kia is focusing on updating its 2030 strategy announced last year and further strengthening its business strategy in response to uncertainties across the global mobility industry landscape.
During the event, Kia updated its mid-to-long-term business strategy with a focus on electrification, and its PBV business. Kia reiterated its 2030 annual sales target of 4.3 million units, including 1.6 million units of electric vehicles (EVs). The 2030 4.3 million annual sales target is 34.4 percent higher than the brand’s 2024 annual goal of 3.2 million units.
The company also plans to become a leading EV brand by selling a higher percentage of electrified models among its total sales, including hybrid electric vehicles (HEV), plug-in hybrid (PHEV), and battery EVs, projecting electrified model sales of 2.48 million units annually or 58 percent of Kia’s total sales in 2030.
“Following our successful brand relaunch in 2021, Kia is enhancing its global business strategy to further the establishment of an innovative EV line-up and accelerate the company’s transition to a sustainable mobility solutions provider,” said Ho Sung Song, President and CEO of Kia. “By responding effectively to changes in the mobility market and efficiently implementing mid-to-long-term strategies, Kia is strengthening its brand commitment to the wellbeing of customers, communities, the global society, and the environment.”
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VANCOUVER, BC, April 4, 2024 /PRNewswire/ — BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) (the “Company“) is providing this bi-weekly update on the status of the management cease trade order granted on February 29, 2024 (the “MCTO“), by its principal regulator, the Ontario Securities Commission (the “OSC“), under National Policy 12-203 – Management Cease Trade Orders (“NP 12-203“), following the Company’s announcement on February 21, 2024 (the “Default Announcement“), that it was unable to file its audited annual financial statements for the year ended October 31, 2023, its management’s discussion and analysis of financial statements for the year ended October 31, 2023, its annual information form for the year ended October 31, 2023, and related filings (collectively, the “Required Annual Filings“). Under National Instrument 51-102, the Required Annual Filings were required to be made no later than February 28, 2024.
As a result of the delay in filing the Required Annual Filings, the Company was unable to file its interim financial statements for the three months ended January 31, 2024, its management’s discussion and analysis of financial statements for the three months ended January 31, 2024, and related filings (collectively, the “Required Interim Filings“). Under National Instrument 51-102, the Required Interim Filings were required to be made no later than April 1, 2024.
The Company anticipates filing the Required Annual Filings by April 30, 2024. The auditor of the Company requires additional time to complete its audit of the Company, including the Company’s recent acquisition of all intellectual property, immunotherapeutics platform technologies, and clinical stage assets of the former IMV Inc. that closed on February 16, 2024. In addition, the Company anticipates filing the Required Interim Filings immediately after the filing of the Required Annual Filings.
Except as herein disclosed, there are no material changes to the information contained in the Default Announcement. In addition, (i) the Company is satisfying and confirms that it intends to continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and issue bi-weekly default status reports for so long as the delay in filing the Required Annual Filings and/or Required Interim Filings is continuing, each of which will be issued in the form of a press release; (ii) the Company does not have any information at this time regarding any anticipated specified default subsequent to the default in filing the Required Annual Filings and Required Interim Filings; (iii) the Company is not subject to any insolvency proceedings; and (iv) there is no material information concerning the affairs of the Company that has not been generally disclosed.
About BioVaxys Technology Corp.
BioVaxys Technology Corp. (www.biovaxys.com), a biopharmaceuticals company registered in British Columbia, Canada, is a clinical-stage biopharmaceutical company dedicated to improving patient lives with novel immunotherapies based on the DPX™ immune-educating technology platform and it’s HapTenix© ‘neoantigen’ tumor cell construct platform, for treating cancers, infectious disease, antigen desensitization, and other immunological fields. The Company’s clinical stage pipeline includes maveropepimut-S which is in Phase II clinical development for advanced Relapsed-Refractory Diffuse Large B Cell Lymphoma (DLBCL) and platinum resistant ovarian cancer, and BVX-0918, a personalized immunotherapeutic vaccine using it proprietary HapTenix© ‘neoantigen’ tumor cell construct platform which is soon to enter Phase I in Spain for treating refractive late-stage ovarian cancer. The Company is also capitalizing on its tumor immunology know-how and creation of a unique library of T-lymphocytes & other datasets post-vaccination with its personalized immunotherapeutic vaccines to utilize predictive algorithms and other technologies to identify new targetable tumor antigens. BioVaxys common shares are listed on the CSE under the stock symbol “BIOV” and trade on the Frankfurt Bourse (FRA: 5LB) and in the US (OTCQB: BVAXF). For more information, visit www.biovaxys.com and connect with us on X and LinkedIn.
ON BEHALF OF THE BOARD
Signed “James Passin“
James Passin, Chief Executive Officer
Phone: +1 646 452 7054
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