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Wednesday 4 December 2024
Meco Technology targets self-pay healthcare market with three innovative solutions
Taiwan's national health insurance system is well known in the world for its unparalleled quality and services. It allows equal access to healthcare for all citizens. Even the economically disadvantaged enjoy comprehensive coverage and need not worry about unaffordable medical bills. However, national health insurance budget constraints limit the scope of medical services that can be made available to patients. For example, if a patient is diagnosed as requiring rehabilitation or physical therapy, the national health insurance system covers up to six follow-up therapy sessions with only an NT$50 self-payment for each session. Due to limited resources, each therapy session may be short and ineffective in relieving the patient's affliction amid the lack of a tailored one-on-one care plan. Patients therefore end up seeking self-pay treatment solutions
Wednesday 27 November 2024
SK Hynix announces 25% hike in dividend in new shareholder return program
SK Hynix Inc. announced today a new program on shareholder return for the 2025-27 period and the "Value Up" plan aimed at boosting corporate value.According to the new shareholder return program, SK Hynix (or "the company", www.skhynix.com) will maintain the existing principle of allocating half of the accumulated free cash flow for resources for shareholder return, while raising the annual fixed dividend (minimum dividend per share that SK Hynix plans to pay out every year) by 25% to KRW1,500 a share from KRW1,200.With the hike in the dividend, the total amount of the cash dividend is forecast to grow to KRW1 trillion annually.The move is aimed at meeting the expectations of the shareholders who have helped SK Hynix overcome difficulties and challenges and advance to a leading global AI memory provider.Despite the expected continuity of a volatile memory business, SK Hynix will make its utmost efforts to protect corporate value by pursuing a balance between shareholder return and financial soundness.For this, the company established specific targets for financial soundness such as net cash and optimal cash level, while deciding to put aside 5% of the free cash flow for enhancement of the financial structure.Net Cash: a company's cash balance after liabilities are subtractedOptimal Cash Level: resources for annual investment aimed at preparing for future growthSK Hynix plans to proceed with an additional return to shareholders within the extent that its finances are maintained sound if its financial targets are met until 2027 when the three-year program comes to an end. It will also review the possibility of an early return to shareholders prior to the expiration of the program if a better-than-expected business performance brings a meaningful increase in the level of free cash flow.Separately, SK Hynix also introduced its "Value Up" initiative aimed at bringing corporate value a notch higher.The Capex Discipline from the plan stipulates that the total amount of annual investment has to stay at an average mid-30% range, compared with the revenues to ease uncertainties of the future and enable quick decision-making in accordance with market conditions to eventually generate a stable flow of cash.The two plans come at a time when SK Hynix prepares to make its leadership in the AI memory space more concrete by establishing a desirable technology roadmap for the future amid diversifying customer demands and an increasing portion of premium products in the full-fledged AI era.Kim Woohyun, Vice President and Chief Financial Officer, said that SK Hynix's corporate value has risen sharply after successfully weathering a downturn amid growing optimism that it will report this year all-time high financial results well above those during a super cycle in 2018."Our goal is to promote the company's long-term prosperity together with our shareholders by carrying out the policies for shareholder return that matches the company's growth and stability of the financial structure," said Kim.
Tuesday 26 November 2024
Cypress Technology to showcase innovated medical images applications at 2024 Taiwan Healthcare+ Expo
Cypress Technology (Abbr. CYP) will showcase cutting-edge medical imaging solutions at the Taiwan Healthcare+ Expo from December 5 to 8. With a strong foundation in professional AV technology, combined with AI, 3D, and endoscopic integration, CYP aims to bring broader applications and enhanced value to medical imaging. This exhibition will feature a joint exhibition with Pentax Medical which is one of the world's top three endoscope manufacturers. CYP image processing solutions with multiple signal interfaces will be showcased alongside Pentax Medical's 4K endoscopes. Over the past year, this integrated solution has been promoted and successfully adopted into clinical practice at several renowned medical institutions in Taiwan through UM Medical Instrument Co., Ltd.The rapid advancement of high-end medical imaging digitalization has widely triggered faster revolutions of surgical techniques and methods in improving surgical procedures and efficiency. In response, demands for integrated high-end medical imaging and healthcare information continue to grow. To address the rigorous standards of the healthcare field, CYP has established a dedicated production line that has ISO 13485 and TFDA certified for medical devices.Innovative Breakthrough: Launch of the Second-Generation 3D Medical Images with AI SystemCYP will introduce the latest medical image solution featuring the newly upgraded second-generation 3D medical image processing technology with an AI system. This system is compatible with different types of 3D medical displays that include both naked-eye 3D and polarized 3D screens. The new system also includes an AI-enabled GPU expansion slot in order to fulfill the application requirements of AI-assisted image analysis and diagnosis.4K@60 Video Transmission Over 10G Bandwidth: Enhanced Imaging Quality for Medical Information and Images Dashboards In the field of medical information and image dashboards, CYP leads the way with a high-resolution 4K@60 video solution over a 10G network bandwidth. This medical image distribution solution provides real-time 4K@60 video transmission for medical applications that demand high levels of detail. Moreover, it supports flexible video distribution, streaming, and routing and simplifies the system configurations with displays in installations. It also improves the working efficiency as well as decreases the budget loading regarding the cost matter.Integrated Endoscopic Imaging: Showcasing an Efficient Surgical EnvironmentAt the upcoming Taiwan Healthcare Expo, CYP will demonstrate an integrated endoscopic imaging solution aimed at enhancing surgical efficiency and precision.Moreover, the versatility of AI, 3D, and advanced image processing applications that redefine the value of existing medical images will be fully covered in the solution. With high-resolution medical imaging, healthcare professionals can experience more intuitive and interactive visuals in order to support faster decision-making and precision in surgical operations.Through the solution, the AI platform as well as 3D image technology will be showcased. The solution is currently being promoted to major hospitals with the support of CYP's partner, UM Medical Instrument Corp., which is the sole agent of Pentax Medical in exploring the feasibility of clinical implementation for the Taiwan area.3D Medical Image Processing System with AI-enabled PlatformNextGen Healthcare Panel PC with Multiple Video Processing Module EmbeddedMultiple Medical Image Processing System with AI-enabled platforms & Audiovisual Module Embedded
Tuesday 26 November 2024
Revolutionizing data encryption: Hong Tong acquires Initio's encryption storage line to drive secure data innovation
Headquartered in Taipei, a city renowned for its concentration of high-tech companies, the Taiwanese company HONG TONG TECHNOLOGY CO., founded in 2019 as a subsidiary of INSTANT, specializes in Flash controllers, TF card sales, and consumer products. The company has committed to advancing personal digital management and application development for years.For more information, visit the company website: https://www.hong-tong.com.tw.In September 2024, HONG TONG TECHNOLOGY CO. announced the acquisition of Initio's encryption storage product line, which includes Initio's USB BRIDGE (USB-EMMC/SATA/PCIe) controller ICs with embedded crypto engines, along with the associated firmware, ASICs, technical support, and IP ownership. These operations will be managed from HONG TONG's headquarters in Taipei, Taiwan. With this strategic acquisition, the company aims to strengthen its position in the encryption market and accelerate the development of next-generation secure storage solutions.HONG TONG stated that, in addition to our existing key technologies in personal data management and intelligent translation, this acquisition is significant as it complements our capabilities in the increasingly critical area of data encryption. In the face of rapidly increasing data transfer speeds, this will effectively reduce the risk of unauthorized data access and misuse. It will address the long-standing need for robust data confidentiality mechanisms in our products and make encryption a fundamental feature of our new offerings. This acquisition will seamlessly integrate into our personal digital management solutions, with a focus on the diversification and development of encryption applications being a key future goal.Revolutionizing Data Encryption HONG TONG Acquires Initio's Encryption Storage Line to Drive Secure Data Innovation
CPC
The Future of AI Chips: Driving Growth and Challenge
Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research