The agreement gives Qualcomm access to technology Huawei has presented as an alternative route to higher semiconductor performance when conventional transistor shrinking becomes harder and more expensive. It also marks an important commercial endorsement of Huawei’s expanding patent portfolio as the company seeks a larger role in global AI and computing markets.

Huawei and Qualcomm said the arrangement includes cross-licences to their patent portfolios across multiple technology fields. Qualcomm will separately purchase certain Huawei patents registered in the United States covering computing, AI, networking and other technologies. That purchase remains subject to required regulatory approvals.

Financial terms and the duration of the agreement were not disclosed. Huawei said completion of the transaction would lift the cumulative value of its patent licensing agreements above $6.9 billion. The company has said its intellectual-property licensing operation has generated positive revenue since 2021.

LogicFolding forms part of Huawei’s Tau Scaling Law, a semiconductor design framework unveiled in May. Rather than depending solely on geometric scaling — making transistors progressively smaller — the approach seeks to reduce the time required for signals to travel through chips and electronic systems.

Huawei says LogicFolding can shorten critical signal paths by reorganising circuits across vertically integrated layers. The company argues that compressing signal-propagation delay can raise effective transistor density and improve performance and energy efficiency without relying entirely on successive advances in lithography.

The technology has particular strategic importance for Huawei because US export controls have restricted its access to some advanced semiconductor equipment and technologies. China-based chipmakers cannot obtain the most advanced extreme-ultraviolet lithography systems made by ASML, complicating efforts to manufacture chips using leading-edge processes through conventional methods.

Huawei has therefore increasingly emphasised architecture, packaging, interconnection and system-level optimisation as ways of extracting more computing performance from available manufacturing technology. LogicFolding is one element of that effort, although Huawei’s performance claims and longer-term projections remain subject to commercial-scale validation.

Huawei has already introduced the architecture in its latest Kirin processors. The Kirin 9050 Pro used in the Mate XT 2 foldable smartphone incorporates LogicFolding, providing an early commercial application of the design approach. Huawei has also outlined plans to extend the underlying method beyond mobile processors towards AI accelerators and other high-performance computing systems.

The patent arrangement does not mean Qualcomm is adopting Huawei’s complete chip architecture in its products. Patent licensing provides legal rights to use covered inventions under agreed terms, while individual product designs, manufacturing decisions and implementation choices remain separate. Neither company disclosed which Qualcomm products, if any, could eventually incorporate technologies covered by the LogicFolding patents.

The broader agreement also deepens a long-running intellectual-property relationship between the companies. Huawei made its first patent-licensing payment to Qualcomm in 2001, while the new pact is their first licensing agreement to encompass 5G technologies.

John Han, executive vice-president and general manager of Qualcomm Technology Licensing, said the agreement recognised Huawei’s continuing innovation and intellectual property in 5G and other technology fields. He also said it reaffirmed recognition of Qualcomm’s 5G technology and its standard-essential-patent licensing programme.

Huawei chief intellectual property officer Alan Fan said the agreement demonstrated the value of Huawei’s innovations while recognising Qualcomm’s foundational contributions to modern communications technology. Both companies said their licensing practices were intended to be consistent with fair, reasonable and non-discriminatory principles.

The deal comes as Qualcomm broadens its business beyond smartphone processors into personal computers, automotive systems, networking and data-centre computing, areas where efficient AI processing and high-speed interconnects are increasingly important.

Qualcomm’s licensing business remains central to its model, with the company saying its portfolio contains 200,000 granted and pending patents across more than 100 countries and jurisdictions, including foundational cellular and AI inventions.

By R. Suryamurthy Nine years after GST replaced a maze of central and state indirect taxes, the most revealing measure of its success may no longer be the monthly collection number. The harder question is whether India has built a tax system in which the government can distinguish between a taxpayer who is trying to […]

The article GST 3.0 Needs A New Bargain With Taxpayers, A Climate Without Fear appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Introduced in September 2022 to attract high-potential foreigners to reside and conduct economic activities in Thailand, the LTR visa program has generated an average economic value of more than USD 107,000 (THB 3.6 million) per recipient, according to BOI data. The calculation covers visa fees, spending in Thailand by visa holders, direct investment, and tax revenue from highly skilled professionals.

Amid intensifying global competition for highly skilled personnel, the LTR visa is an important mechanism for bringing global talent into Thailand. This is particularly relevant as the country prepares for a new wave of investment in advanced-technology industries, including semiconductors and advanced electronics, digital technology and AI, humanoid robotics, aviation, and biotechnology.

“The LTR visa is a strategic pillar to attract global talent as Thailand absorbs a new wave of advanced technology investments,” said Narit Therdsteerasukdi, Secretary General of the Board of Investment. “Drawing top-tier executives and technical specialists from around the world is vital to strengthening our national competitiveness and securing technology transfers from international partners.”

Approved LTR visa recipients primarily come from leading economies. The United States accounts for the largest group, with more than 2,400 approvals, followed by Japan with more than 1,300 and the United Kingdom with more than 1,000. Japanese nationals comprise a notable share of the specialist bracket, aligning with Japan’s heavy footprint in Thailand’s automotive and precision-electronics supply networks.

The 12,010 approved LTR visa recipients fall into five categories: 1,779 Highly-Skilled Professionals; 1,043 Work-from-Thailand Professionals, who work from Thailand for overseas employers; 737 Wealthy Global Citizens; 4,561 Wealthy Pensioners; and 3,891 Dependents of recipients in the first four categories.

Among recipients in the Highly-Skilled Professionals and Work-from-Thailand Professionals categories, 54% hold executive-level positions and 36% are professionals in various fields; the remainder are at the technical level. Applicants in each category must meet specific criteria, such as requirements relating to assets, income, investment evidence, work experience, and health insurance, and undergo rigorous checks by the relevant agencies.

To handle rising application volumes and remove long-standing administrative bottlenecks, the BOI rolled out an integrated digital processing portal in September 2026. The platform centralizes review procedures across four primary state bodies: the Department of Consular Affairs, the Immigration Bureau, the Department of Employment, and the Revenue Department.

Complementing the portal, the Thailand Investment and Expat Services Center (TIESC), a one-stop service center, is located on floors 6-7 of the Parade Zone at One Bangkok. “The center is intended to strengthen Thailand’s competitiveness in continuously attracting high-potential talent from around the world,” said Mr. Narit.

In addition to attracting foreign talent through the LTR visa, BOI also facilitates visas and work permits for executives and personnel working in BOI-promoted businesses through the BOI Visa, and offers the Smart Visa for startups. BOI also supports the skills development of Thai personnel through the Skill Bridge measure, and helps Thai entrepreneurs adopt modern technology to enhance their competitiveness through the Business Transformation measure. These measures work hand in hand to attract international experts, develop Thai personnel, and upgrade Thai businesses, strengthening Thailand’s readiness for the transition to a new economy driven by technology and innovation.

Note: Currency conversions are based on the Bank of Thailand’s average selling rate of approximately 1 USD = 33.6 THB.

Hashtag: #Thailandboardofinvestment #BOI #FDI #Investment

https://www.boi.go.th/en/index/

The issuer is solely responsible for the content of this announcement.

Thailand Board of Investment (BOI)

Established in 1966, the Office of the Board of Investment (BOI) has played an important role for more than 60 years in promoting value-creating investment by both foreign and Thai investors, strengthening competitiveness and supporting Thailand’s sustainable economic restructuring toward the new economy.

HONG KONG SAR – Media OutReach Newswire – 5 October 2026 – Amid rising operating costs and accelerating digital transformation, many small and medium-sized enterprises (SMEs) in Hong Kong are facing increasing pressure from equipment investment, limited manpower resources, and the growing complexity of print management across multiple departments. For organizations with multiple teams, office locations, or hybrid work arrangements, maintaining a reliable and efficient printing environment at a reasonable cost has become an important operational challenge.

Most businesses primarily print A4 documents such as contracts, invoices, reports, and administrative paperwork. When A4 printing is sufficient to meet the majority of daily business requirements, investing in larger and more expensive printing equipment may not be necessary. Brother’s Managed Print Service (MPS) allows businesses to flexibly deploy printing resources according to actual operational needs without incurring substantial upfront capital expenditure. The service also provides comprehensive consumables management, maintenance, and professional technical support, making print management simpler and more efficient.

Comprehensive Print Management That Reduces Administrative and IT Workloads

Traditional printer ownership often involves purchasing equipment, replenishing consumables, arranging repairs, and managing technical support, all of which can increase administrative efforts and hidden operating costs, particularly for SMEs without dedicated IT or administrative teams.

Brother’s Managed Print Service includes printer usage, consumables supply, maintenance services, and technical support. This enables businesses to enjoy a reliable printing experience without spending additional time managing day-to-day printing operations, allowing resources to be redirected toward core business development.

Eliminate Large Capital Expenditure and Improve Cash Flow Management

For growing businesses and startups, major investments in office equipment can significantly impact cash flow planning.

Under the monthly subscription model, businesses pay a fixed monthly fee to access professional-grade Brother printing equipment without making a substantial upfront investment. The service also does not impose a fixed monthly print volume limit, enabling organizations to adjust printing usage and device deployment according to operational needs. This flexibility helps businesses control costs more effectively while minimizing resource underutilization and wastage.

Flexible Multi-Device Deployment for Greater Departmental Productivity

For organizations with multiple departments or work teams, relying on a single shared printer can often result in wait times and reduced document processing efficiency.

Brother’s Managed Print Service solution enables businesses to deploy multiple printers according to actual operational requirements. For example, administrative, human resources, finance, and sales departments can each be equipped with printers tailored to their specific needs. This helps minimize waiting time, reduce cross-department disruptions, improve workflow efficiency, and enhance document confidentiality.

The solution is also well-suited for organizations with multiple offices, retail outlets, or distributed business teams, providing centralized management of multiple devices while ensuring consistent technical support and after-sales service.

Proactive Consumables Replenishment Minimizes Business Disruptions

Many businesses have experienced workflow interruptions caused by depleted toner or consumables, potentially delaying important document production, customer service, and internal operations.

Brother’s Managed Print Service automatically monitors printer performance and consumables usage, proactively arranging replenishment before supplies run low. For industries with high printing demands, such as insurance, financial services, logistics, professional services, and education, this not only reduces administrative workload but also minimizes inventory management and procurement-related tasks.

Designed for Hong Kong Offices and Hybrid Work Environments

As hybrid working becomes increasingly common, businesses require more flexible approaches to printer deployment.

Brother offers a range of compact yet feature-rich printers that are particularly suitable for Hong Kong’s space-constrained office environments, departmental workspaces, and shared offices. With a smaller footprint while still meeting everyday business printing requirements, these devices help organizations make better use of valuable office space.

In addition, Brother provides remote technical support services to assist with device setup, network connectivity, and other technical issues, reducing the day-to-day support burden on IT teams.

Five Key Benefits of Choosing Brother “Managed Print Service”

• Reduce large upfront procurement costs and adapt flexibly to changing business needs
• Proactive consumables replenishment to minimize inventory management and purchasing efforts
• Maintenance and professional technical support to reduce equipment downtime risks
• Automated usage monitoring to lower administrative and management workload
• Compact printer design ideal for Hong Kong’s limited office space

Focus on Growing Your Core Business

Through its monthly subscription model, flexible device deployment, automated consumables management, and professional technical support, Brother’s Managed Print Service helps businesses simplify print management, reduce overall operating costs, and improve productivity across departments and locations.

When most printing requirements consist primarily of A4 documents, businesses can select the most suitable device configuration based on their actual operational needs without allocating additional resources to infrequent printing demands. By adopting a more flexible and streamlined print management approach, organizations can focus on growing their business, serving customers, and driving innovation, ultimately strengthening their competitive advantage.

Learn more about Brother “Managed Print Service” and limited-time offers:
Website: https://www.brother.com.hk/en/solutions/mps
WhatsApp Enquiries
Email: [email protected]

Information contained in this release is accurate at the time of publication and is subject to change without prior notice.
Hashtag: #BrotherHK #BrotherMPS #BusinessSolutions #OfficeSolutions #PrintManagement #PrinterRental #OfficeSolutions #Sustainability

https://www.brother.com.hk
https://www.facebook.com/brother.hk/?locale=zh_HK
https://www.instagram.com/brother_hongkong/?hl=en

The issuer is solely responsible for the content of this announcement.

About Brother International (HK) Limited

The Hangzhou-based AI developer released Ascend versions of several key components on September 30, including its DeepGEMM matrix-multiplication library and DeepEP communications software. The projects are designed to work with Huawei’s Ascend processors while keeping public interfaces aligned with versions built around Nvidia hardware, reducing the amount of code developers may need to rewrite when moving workloads.

That portability targets a critical part of Nvidia’s competitive advantage. Nvidia’s CUDA software platform has become deeply embedded in AI development, giving programmers mature libraries, tools and optimisation techniques built over years. Competing chips therefore have to overcome not only differences in raw computing performance but also the cost and complexity of shifting software away from CUDA.

DeepSeek’s DeepJIT project takes a further step by providing a shared runtime interface for Nvidia CUDA graphics processors and Huawei Ascend neural-processing units. It handles compilation, caching, loading and launching of specialised AI kernels while retaining backend-specific code where necessary. The approach does not make the two architectures interchangeable, but it can reduce friction for developers maintaining software for both.

DeepGEMM-Ascend is fully API-compatible with DeepSeek’s original DeepGEMM package and supports BF16, FP8 and FP4 calculations used in demanding AI workloads. DeepSeek says the library uses Ascend-specific optimisation methods to approach the hardware’s performance limits while shielding programmers from lower-level complexities including memory layouts, alignment constraints and address calculations.

Its DeepEP-Ascend library similarly aligns its public buffer interfaces with the Nvidia version while using Huawei’s communications technologies underneath. DeepSeek has also added Ascend support to DeepSelect, a specialised component used for sparse-attention and sampling operations, and released Ascend sparse-attention kernels for its model infrastructure.

Huawei, meanwhile, has been opening more of the software surrounding Ascend. Its CANN platform — the company’s counterpart to the programming infrastructure required to exploit AI accelerators — supports frameworks including PyTorch and works with open-source projects such as Triton, vLLM and veRL.

Huawei said last month that CANN had moved to sustained community-driven open-source development, with external programmers accounting for 61 per cent of its CANN developers. The company said the community had more than 5,200 monthly active developers, while more than 40 models had been natively pre-trained using Ascend and CANN.

The combination matters because China’s challenge to Nvidia has increasingly shifted from producing an alternative accelerator to assembling a usable full computing stack. Hardware can win orders only if model developers can train and run workloads efficiently without sacrificing too much engineering time or performance.

DeepSeek’s software also gives Huawei an influential independent developer helping test and improve that stack. The AI laboratory became prominent for building capable models with an emphasis on computational efficiency, and its infrastructure code is closely watched by developers seeking lower-cost approaches to training and inference.

The effort comes as US export controls continue to restrict China’s access to Nvidia’s most advanced processors, creating stronger incentives for technology groups to adopt domestic alternatives. Those restrictions have helped expand the strategic importance of Huawei’s Ascend line, even though China still faces constraints in advanced semiconductor manufacturing.

Nvidia nevertheless retains formidable advantages. CUDA has a vast installed developer base and an extensive collection of mature libraries, while Nvidia’s leading accelerators remain central to major AI training systems outside China. Compatibility layers and open-source libraries also require sustained testing, documentation and optimisation before they can match the reliability of an established platform across diverse workloads.

Transforming QS Practice in a New Era: Integrating Digital Construction, Collaborative Contracting and Payment Security

HONG KONG, CHINA – Media OutReach Newswire – 3 October 2026 – The Hong Kong Institute of Surveyors (HKIS) Quantity Surveying Division hosted the HKIS Quantity Surveying Division Conference 2026 (the Conference) today at the CIC-Zero Carbon Park.

This year’s theme, “Transforming QS Practice in a New Era: Integrating Digital Construction, Collaborative Contracting and Payment Security”, reflects the evolving role of Quantity Surveyors during a time of economic restructuring.

The Conference brought together around 200 participants both in person and online, including government officials, industry leaders, professionals, academics, and young practitioners.

Mr LAU Chun Kit, Ricky, JP, Permanent Secretary for Development (Works) for Development Bureau of the HKSAR Government, attended as the Guest of Honour and delivered a keynote speech.

Quantity Surveyors are trained professionals with expert knowledge of construction costs and contracts who play a crucial role throughout the project development cycle, from investment feasibility studies and procurement strategy to commercial governance, contract administration, and dispute management. The seminar aims to explore how, amidst the ever-changing landscape of the digital revolution and the implementation of new legislation, quantity surveyors can evolve from their traditional roles in contract and cost management into enablers who drive successful value creation in construction projects.

Mr. LAU Chun Kit, Ricky, JP, Permanent Secretary for Development (Works), Development Bureau, said: “The theme of this year’s conference is both timely and visionary. The Conference serves as a strategic platform for surveying practitioners and professionals to exchange insights, explore best practices, and formulate a collective vision for the future of the surveying profession. The insights and best practices generated will not only contribute in advancing the role of surveying profession in the new era, but also reinforcing Hong Kong’s position as a leader in construction excellence.”

The conference featured 20 distinguished speakers from Hong Kong Government bureaux and departments, the private sector, academia, professional institutions, and law firms to share their insights and best practices in the quantity surveying field. Through thought-provoking discussions, the event not only enhanced participants’ technical knowledge but also catalyzed long-term cross-sector collaboration, empowering the industry to continuously deliver highly efficient and resilient built assets in the future.”

Sr WAN Wai Ming, Tony, President of the Hong Kong Institute of Surveyors, noted in his welcome speech, “As the construction landscape undergoes profound shifts, quantity surveyors are evolving from traditional cost guardians into strategic value architects. Under this year’s theme, we gather to explore emerging challenges, tackle critical issues, and seize new opportunities. Together, we redefine our professional identity, share actionable insights, and shape a forward-looking roadmap for the quantity surveying industry in Hong Kong.”

Sr TING Yuen Chun, Eric, Chairman of the HKIS Quantity Surveying Division, acknowledged that the built environment is facing increasingly complex social and economic pressures. He emphasised that these challenges serve as an important reminder that, while technology is a vital enabler of progress, built-environment professionals must continue to apply their expertise and professional judgement, while strengthening collaboration across disciplines, to navigate change and deliver sustainable value to society.

Sr WONG Kin Yan, Winnie, Organising Committee Chair of the Conference stated in her closing remarks, “Developments in Collaborative Contracting, Digital Construction, and Payment Security present an opportunity for our profession to evolve beyond traditional cost management.

Today’s quantity surveyors are increasingly called upon to serve as trusted advisers, driving collaboration, leading digital transformation, and championing transparency and fairness across the entire project lifecycle. By embracing these changes, we can continue to play a pivotal role in delivering sustainable, resilient and high-performing built assets for our community.”

List of Speakers (in order of presentation delivery)

Keynote Speech by Guest of Honour

1. Mr LAU Chun Kit, Ricky, JP, Permanent Secretary for Development (Works), Development Bureau, HKSARG

Session 1: Collaborative Contracting

1. Mr LEUNG Lap Ki, Francis, Team Leader (Trade & Procurement), Development Bureau, HKSARG
2. Sr CHOI Wing Chung, Hayman, Project Strategy and Delivery Leader (Asia), Mott MacDonald Hong Kong Limited
3. Ir LEUNG Cheuk Lun, NEC Strategic Advisor, Civil Engineering and Development Department, HKSARG
4. Ir WANG Yan Hua, Chairman and Managing Director, China Road and Bridge Corporation (Hong Kong)
5. Sr Yau Wan Fong, Deputy Director, WT Partnership (HK) Limited

Session 2: Digital Construction

1. Mr WU Jin Ying, Technical Officer, Glodon (Hong Kong) Software Limited
2. Mr Elvis LI, CEO, isBIM Limited
3. Ir NG Chun Keung, CEO, dRoW Limited
4. Mr Put HUI, Senior Digital Transformation Lead, Innovative Technology, Gammon Construction Limited
5. Mr Ronald CHAN, Head of Sustainability for APAC, Currie & Brown
6. Sr Sunny CHOI, Chairman of Digitalisation Sub-committee, Quantity Surveying Division, The Hong Kong Institute of Surveyors; Past Chairman of Quantity Surveying Division, The Hong Kong Institute of Surveyors (2021-2023)
7. Sr Dr Paul HO, Past Chairman of Quantity Surveying Division, The Hong Kong Institute of Surveyors (2005-2006)

Session 3: Payment Security

1. Sr Tommy CHAN, Executive Director, Arcadis Hong Kong Limited
2. Cr Sr Ir ZA Wai Gin, Tony, Executive Director, Hip Hing Construction Co., Ltd.
3. Sr Hinson CHEUNG, Partner, Pinsent Masons
4. Sr Terry CHAK, Director of North Asia Region, Rider Levett Bucknall Limited
5. Sr TT CHEUNG, BBS, JP, Past President, The Hong Kong Institute of Surveyors
6. Sr CHONG Lui Chuen, Executive Committee Member, CSHK Professional Committee
7. Mr Eric CHUNG, Barrister-at-Law, Pacific Chambers
8. Sr Prof LEUNG Hing Fung, Professor and Head, Department of Law and Business, Hong Kong Shue Yan University; Adjunct Professor, Department of Real Estate and Construction, University of Hong Kong; Barrister-at-law, Arbitrator and Mediator

List of speakers and topics are downloadable here

Conference booklet is downloadable here

High-resolution event photos are downloadable here

Photo Caption:

Hashtag: #surveyor #QS #quantitysurveying

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Wechat: HKIS-Official
https://www.instagram.com/hkis.surveyors/
https://www.youtube.com/@hkisofficial

The issuer is solely responsible for the content of this announcement.

About the Hong Kong Institute of Surveyors

Established in 1984, The Hong Kong Institute of Surveyors (HKIS) is the only surveying professional body incorporated by ordinance in Hong Kong. As of 30 September 2026, the number of members reached 11248, of which 8301 (FHKIS: 579, MHKIS: 7722) were corporate members, 49 were associate members and 2898 were probationers and students.

HKIS work includes setting standards for professional services and performance, establishing codes of ethics, determining requirements for admission as professional surveyors, and encouraging members to upgrade skills through continuing professional development.

The Institute has an important consultative role in government policy making and on issues affecting the profession. We have advised the government on issues such as building safety and unauthorized building works, problems of property management, town planning and development strategies, construction quality, construction costs and housing problems. We have also issued guidance notes on floor area measurement, real estates valuation and land boundary survey, etc.

We have an established presence in the international arenas, have overseas connections, and have entered into reciprocal agreements with professional surveying and valuation institutes in Australia, Canada, Japan, New Zealand, Singapore, the United Kingdom, and Mainland China recognizing the counterpart’s member’s qualifications. In addition, HKIS is a member of various leading international surveying organisations.

Richard Yu joined Huawei in 1993, working on early developments like the first-generation program-controlled switch and participating in the establishment of Huawei’s wireless communications business, which started with GSM. Over the past decade, Yu has led Huawei’s consumer business with the vision to deliver a seamless AI life experience to all consumers across five key scenarios: HIMA-powered Smart Travel, HarmonyOS Office, Smart Home, Fitness & Health, and Entertainment, which he said is also the long-term strategy for Huawei’s consumer business over the next 10 years.

Between 2007 and 2025, Huawei invested more than CNY1.8 trillion into R&D shifting from roughly 10% of annual revenue in early years to over 20% recently. Huawei has continued to increase investment into the core technologies of the ICT domain and basic research, which has translated into robust core capabilities, extensive intellectual property, and a vast patent portfolio, and helped with achieving a series of breakthroughs in technological innovation.

The Mate 90 series smartphones Huawei just launched come with the latest Kirin 9050 Pro chip. The overall device performance is 31% higher than the previous generation. The Balong modem, image sensor processor (ISP), mobile security processor (MSP), Lingxi CPU, Maleoon GPU, and the NPU that adopts Huawei’s Da Vinci architecture for AI processing are all designed by Huawei. They offer higher energy efficiency and deliver much-improved overall system-level performance.

Even though Yu admitted that Huawei has limited access to advanced semiconductor processes, Huawei recently made a new breakthrough in the semiconductor domain – the LogicFolding technology under the Tau Scaling Law. Unveiled by He Tingbo, head of Huawei’s Semiconductor Business Department this May, this technology vertically stacks the logic layers of chips and restructures the circuit layout through inter-layer high-density interconnect to shorten critical paths and reduce latency. This technology was adopted on Kirin 9050 Pro chip, which shows very strong AI processing power. The Mate 90 series powered by this chip can run a 30B MoE on-device AI model.

In the AI domain, Yu talked about the Ascend compute foundation that Huawei provides, by remarking Huawei’s large models called openPangu, AI capabilities for intelligent driving, and HarmonyOS Celia, which is similar to Gemini in the Google Android ecosystem. Huawei is also using AI to improve the O&M of communications network equipment. By combining AI computing power with domestic open-source large models, Huawei’s vision is to help enterprises and industries around the world to become more productive and bringing more convenience to everyone.

In the past years, Huawei has launched a broad series of products and solutions, including smartphones, PCs, tablets, wearables, TWS audio products, Smart TVs, home routers, smart home control solutions, as well as intelligent electric vehicles together with partners. Underlying these products and solutions are Huawei’s chip hardware platform and HarmonyOS – another OS ecosystem after iOS from Apple and Android from Google that Huawei developed to support all the smart devices and smart hardware across all scenarios.

Development of HarmonyOS began in 2019. Before that, Huawei was a major contributor to the Android community as well as the entire Android ecosystem. Now, more than 90 million devices, including smartphones, PCs, and tablets, currently run on HarmonyOS 6 and HarmonyOS 7. This figure is expected to hit the 100 million mark by the end of this year. The number of apps and services in the HarmonyOS ecosystem has already exceeded 450,000. Its global registered developer count has reached 11 million, and Huawei now has over 23,000 app innovation partners. Expressing his special thanks to all partners and developers for their trust and support, Yu also pointed out that Huawei is considering gradually bringing HarmonyOS to the global market in the future.

Globalization is another topic of the conversation. Yu mentioned that Huawei had very good collaboration with many companies from the US, Europe, Japan, South Korea, and Taiwan, delivering huge business value and benefits to those partners. When it comes to the difficulties that Huawei overcame since 2019, Yu said that relying on homegrown technologies and capabilities, Huawei gradually designed its own operating system and developed basic tools and software by themselves, putting a domestic supply chain in place. In 2023, Huawei started to manufacture the chips used by smartphones domestically again. With these chips and HarmonyOS, and by relying on China’s domestic supply chain, materials, and process nodes, Huawei has basically gotten rid of the dependence on US technologies.

While Huawei’s global market share was once No. 1, nowadays it only sells several million units of smartphones outside China every year. However, Yu revealed that Huawei is trying to return to the overseas market step by step.

Taking wearables as an example, Huawei is No. 1 in terms of the market share both in China and globally. Other innovative products such as TWS earphones, are also growing fast and have reached No. 1 in many countries. While Huawei’s tablet and PC business was greatly affected after it was denied access to Windows and Intel x86 chips, the HarmonyOS-based tablets are now performing strongly. Another example would be CPE, which is a mobile router that provides connectivity to the unconnected in remote and rural areas. These products are also very well received across many regions outside China, helping more people connect to the rest of the world and live better lives.

Question: Both the Huawei XT 2 and the two most advanced models of the Mate 90 series use a LogicFolding chip. Will LogicFolding chips be used for more phones in the future? We understand that Huawei’s chip production capacity is still limited. Huawei has launched SuperPoDs, and AI infrastructure is a huge business. They are both very important in China. How do you secure a larger share of the chip supply internally?

Richard Yu: We started introducing the chip that adopts the LogicFolding technology powered by the Tau Scaling Law to the Mate XT 2 tri-fold phone. To answer your question, yes, more of our phones will definitely use these LogicFolding chips in the future.

Currently, the production capacity for advanced semiconductors in China still cannot meet the rapidly growing demand. Huawei’s Ascend chips for the AI domain also use such capacity. But we have developed a requirement plan, which also covers the chip requirements of smartphones.

The sharp price increase for memory components over the past two years has somewhat limited the smartphone sales volume. Even though the production capacity remains tight right now, generally it is sufficient to meet our market shipment needs.

We hope that production capacity will ramp up in China’s semiconductor industry so that we can manufacture more advanced products for consumers in the Chinese market as well as the overseas market in the future.

To read the full Q&A session:
https://www.apmultimedianewsroom.com/multimedia-newsroom/continuous-innovation-securing-our-competitive-edge-through-technological-breakthroughs

Hashtag: #Huawei

The issuer is solely responsible for the content of this announcement.

The event will bring together industry participants from digital assets, fintech, payments, Web3 infrastructure, institutional services, and cross-border finance. It aims to provide a face-to-face networking platform for institutions, project teams, infrastructure providers, investors, and professionals. Discussions will focus on digital asset infrastructure, compliant payments, stablecoin use cases, wallet and card services, and how digital assets can enter real-world payment scenarios.

Event Details

Event Name: Token2049 Networking Event with BitGo, HashKey & UstarPay
Date & Time: Wednesday, 7 October, 18:00–21:00 GMT+8
Event Partners: BitGo, HashKey Cloud, UstarPay
Registration: Submit an application through the official Luma event page
Registration Link: https://luma.com/qjgwthvg
Entry: Approved participants may enter with a valid QR code

Please note that this event requires registration approval. All participants must submit an application through the official Luma event page. The hosts will review applications based on applicant background, industry relevance, and event capacity. Once approved, participants will receive an event QR code. Only approved participants with a valid QR code will be admitted to the event. An invitation or shared event information does not constitute official admission credentials.

Stablecoins Enter the Next Stage: From On-Chain Assets to Real-World Payments

In recent years, stablecoins have evolved from a funding tool primarily used in crypto trading into a payment and settlement medium within the global digital economy. As cross-border work, global freelancing, online subscriptions, e-commerce, and international trade continue to grow, the market demand for faster, more flexible, and geographically accessible payment methods has continued to increase.

However, for digital assets to truly enter everyday life, one core question remains: how can the speed of on-chain transactions be connected with the trust, compliance, and settlement systems required by the real world?

In traditional financial and payment networks, every movement of funds must address fundamental questions: who the user is, where the funds come from, whether the transaction is compliant, whether risk can be identified, and whether the settlement trail can be audited. For digital asset payments, these questions do not disappear simply because technology becomes faster. Instead, they become essential conditions for digital assets to move toward broader, scalable adoption.

UstarPay’s role is to build the infrastructure that connects on-chain assets with real-world payment scenarios during this transition.

About UstarPay’s Role in Real-World Digital Asset Use

UstarPay is a PayFi-focused infrastructure platform connecting supported digital assets with real-world spending and transaction use cases. Its core vision is to help digital assets move beyond trading, holding, or investment and become more practical for everyday and commercial use, subject to applicable requirements.

By connecting wallet, card, and related technology infrastructure, UstarPay helps eligible individuals and businesses access card and transaction solutions using supported digital assets. In applicable markets, and subject to supported assets, product settings, and relevant requirements, users may explore stablecoins and other supported digital assets for online shopping, travel and hotel spending, subscription services, cross-border purchases, in-store purchases, and, where applicable, ATM withdrawals.

For enterprises, UstarPay explores modular technology support connected to card applications, risk management, and settlement workflows. Relevant use cases may be considered for eligible platforms and businesses, subject to applicable laws, partner requirements, product scope, and case-by-case assessment.

UstarPay believes the future of digital asset use is not only about whether a transaction can be completed, but also whether relevant activity can be verified, monitored, risk-assessed, reviewed, and settled. Based on this view, UstarPay is exploring “Proof-of-Spend” as part of its digital asset application narrative. By connecting identity verification, AML processes, asset custody, on-chain risk assessment, transaction records, and settlement workflows, UstarPay is exploring how digital asset applications can be supported by more verifiable, monitorable, and traceable process foundations.

From a risk management and traceability perspective, UstarPay considers identity verification, on-chain transaction monitoring, asset custody, and settlement records as relevant components where applicable. The company may work with relevant technical service providers in these areas. This registration does not mean that all products, services, or markets are authorized or available. Relevant services remain subject to applicable laws and regulations, user eligibility, supported assets, product settings, partner requirements, and jurisdictional restrictions.

Guided by “Real Crypto, Real Life,” UstarPay’s long-term direction is to help supported digital assets move from on-chain holdings toward card and transaction applications that can be used in everyday and commercial contexts, subject to product configuration, applicable requirements, supported assets, and regional availability.

Event Significance: Connecting PayFi, Stablecoin Payments, and Institutional Infrastructure

The co-hosts of this event span digital asset custody, institutional infrastructure, PayFi, stablecoin payments, and on-chain yield. This reflects the digital asset industry’s ongoing evolution from single-purpose trading scenarios toward more mature financial and payment infrastructure.

As stablecoins continue to become an important tool for value movement in the global digital economy, the market demand for compliant payment access, secure asset custody, risk control infrastructure, and cross-border settlement capabilities continues to grow. Through this event, UstarPay hopes to engage with more industry participants to discuss how digital assets can enter the real world in a safer, more compliant, and more practical way.

Hashtag: #UstarPay

The issuer is solely responsible for the content of this announcement.

About BitGo

BitGo (NYSE: BTGO) is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins, and settlement services from regulated cold storage. Since 2013, BitGo has focused on accelerating the transition of the financial system to a digital asset economy. BitGo maintains a global presence and multiple regulated entities, including BitGo Bank & Trust, National Association, the first federally chartered digital asset trust bank owned by a publicly traded company. Today, BitGo serves thousands of institutions, including many of the industry’s top brands, financial institutions, exchanges, and platforms, and millions of investors worldwide. For more information, visit www.bitgo.com.

About UstarPay

UstarPay is a PayFi-focused infrastructure platform designed to connect digital assets with real-world spending and transaction use cases. By connecting wallet, card, and related technology infrastructure, UstarPay helps eligible users and businesses access convenient card and transaction solutions using supported digital assets.

With a focus on compliance, transparency, and risk management, UstarPay is developing digital asset experiences designed to support traceability and transparency in supported markets. Guided by “Real Crypto, Real Life,” the company is focused on making supported digital assets more practical and relevant to everyday life, subject to applicable requirements and availability. Relevant services remain subject to applicable laws and regulations, user eligibility, supported assets, product settings, and regional availability.

For more information, please visit www.ustarpay.com.

About HashKey Cloud

HashKey Cloud is the institutional staking and yield infrastructure of HashKey Group (HKEX: 3887). It focuses on providing secure, auditable multi-chain staking and yield services for global institutions, asset managers, and professional investors. Our services include ETF/DAT staking, prime VIP staking, API staking, and prime yield, empowering institutions to manage on-chain assets and returns with efficiency and confidence.

Disclaimer: Relevant services are subject to applicable laws and regulations, user eligibility, supported assets, partner requirements, and geographic restrictions. Not all services are available in all markets.

Houston-based Alpha Energy forms Alpha Energy International to acquire and modernise mature oil fields; Tennor provides $500 million funding facility

HOUSTON, US – Media OutReach Newswire – 2 October 2026 – Alpha Energy, the Houston-based oil and gas upstream company, has formed Alpha Energy International to lead its expansion outside the United States and has sold a 65% stake in the new company to Tennor Global LLC.

Tennor has agreed to arrange Alpha Energy International with a $500 million funding facility, allowing the venture to move quickly on acquisitions in selected countries, including Venezuela. Alpha Energy International will be responsible for all of Alpha Energy’s future activities and investments outside the USA.

The new company will initially target mature producing fields and difficult-to-recover reserves. Alpha’s leadership team will develop the assets and run operations, while Tennor, as majority shareholder, will support the venture through its network of relationships in the target countries.

Lars Windhorst, Founder of Tennor Global, said: “Alpha’s team has a rare track record of turning around mature fields at scale, and we believe that expertise is exactly what many producing countries need today. Tennor’s role is to open doors and provide the capital to move quickly. Together, we intend to build an international oil company focused on getting more from existing fields, working in partnership with host governments and national oil companies.”

Thomas Reed, CEO of Alpha Energy International and founder of Alpha Energy, said: “The combination of Alpha’s technical and operating expertise with Tennor’s financial support and deep knowledge of key international markets provides the basis for a new type of international oil company.

“Our strategy is simple. More oil remains in existing conventional fields than has ever been produced, and since the late 1980s, improvements in technology and engineering have added more recoverable barrels from existing fields than the industry’s total greenfield exploration success. Alpha is on a mission to acquire and modernise these legacy fields. Better recovery of the world’s existing oil and gas resources is Alpha’s fundamental value proposition, and with Tennor we have the reach and resources to act.”

A team built on the Yukos turnaround

Alpha Energy has a thirty-year history of conventional reservoir development and operations across more than sixty fields, primarily on the US Gulf Coast and the shallow-water shelf of the Gulf of America. Its principals have also operated at scale internationally. The company’s COO spent more than a decade in Venezuela, including operatorship of a producing joint venture on Lake Maracaibo at over 100,000 barrels of oil per day.

Mr Reed, who will run Alpha Energy International from Houston, has 35 years of oil and gas experience with Yukos, RusPetro, JKX and Texas Petroleum Investment Company. The COO has 35 years of operations experience with Yukos and Gazprom, among others, most recently with the Venezuelan joint venture. Chris Hopkinson, CTO, has 38 years in the upstream business, including senior positions at Shell, Yukos, BG Group and KazMunayGas.

All three built Alpha’s proprietary Alpha Technical Center on their experience at Yukos, where the same performance engineering techniques added nearly one million barrels per day of production in four years with a net reduction in the total well count. The Technical Center covers subsurface evaluation, reservoir engineering, well design and facilities design.

Alpha Energy International will recover production by optimising asset performance from the wells up, using a value-driven technical limit approach and current technologies. The company works alongside national oil companies, training and handing over to local engineers as it goes.

Hashtag: #AlphaEnergy

The issuer is solely responsible for the content of this announcement.

About Alpha Energy

Alpha Energy is a Houston, Texas based oil and gas upstream company specialising in conventional reservoir development and operations. Over thirty years it has operated in more than sixty fields, primarily on the US Gulf Coast and the shallow-water shelf of the Gulf of America. Alpha Energy International, its majority-owned international arm, is responsible for all of the company’s activities and investments outside the USA.

About Tennor Global

Tennor Global is a holding and private equity company focused on energy, energy technology and artificial intelligence. It takes majority and minority stakes in public and private companies and invests in public and private debt, targeting special situations where its entrepreneurial approach and sector expertise can create value quickly. Its diversified portfolio also spans technology, industrials, natural resources, media, entertainment and sports, retail and real estate.