Day: March 19, 2022

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Meltwater and Play Magnus Group announce the Meltwater Champions Chess Tour Charity Cup

OSLO, Norway, March 18, 2022 (GLOBE NEWSWIRE) — Meltwater, a leading provider of social and media intelligence, together with the Play Magnus Group is pleased to announce the next tournament in the Meltwater Champions Chess Tour — the Charity Cup — a fundraiser for UNICEF and their work supporting families affected by the war in Ukraine.

Deeply troubled by the Russian invasion of Ukraine, Meltwater and Play Magnus Group have come together to find a way to support humanitarian efforts for those who are in the country or have evacuated. The Charity Cup will serve as a fundraiser for UNICEF and their life-saving support for children and their families in the areas of health, nutrition, sanitation and more. The UN reports that more than 2.8 million people have been forced to flee the Ukraine as refugees since 24 February, and at least 2 million more have been displaced within the country.

The tournament runs March 19 – March 26, with activations benefitting UNICEF throughout. Viewers can join the Tour in their support of humanitarian work to help families affected by this war with a donation here: https://www.unicef.no/stott/privat/donasjon/chess-tournament

“Together with Play Magnus Group, Meltwater is honored to lend our support to UNICEF as they provide vital assistance to families still in Ukraine and those who have been forced to flee from their homes. We believe in the power of sport for good and tech for good, and how we can come together in moments of need to support the most vulnerable,” said Zubair Timol, VP of Global Culture at Meltwater.

“As a global organization serving millions of chess fans around the world, we are humbled to be in a position to organize our upcoming tournament, the Charity Cup, as a fundraiser for UNICEF to support their vital humanitarian activities in and around Ukraine,” said Andreas Thome, CEO Play Magnus Group.

The tournament begins March 19 featuring 16 Grand Masters competing, including World Chess Champion Magnus Carlsen and Women’s World Champion Ju Wenjun. Coverage will be provided by chess24 and available on Play Magnus Group channels in several languages, and in Norway, the event will be broadcast live on TV 2.

The Meltwater Champions Chess Tour, the world’s leading online chess tour, continues to break records in terms of press, TV, and social media attention. Following the huge success of the last tournament in the series, the Airthings Masters, which generated a potential reach of 570 million on social media, the Tour has reached more than 1 billion potential media impressions and over 2500 articles published across the world in over 10 languages. The Tour partners hope to channel this momentum into support of the humanitarian work UNICEF is doing to help Ukrainian families at this critical time.

For more information contact:
pr@meltwater.com

About Meltwater
Meltwater provides social and media intelligence. By examining millions of posts each day from social media platforms, blogs and news sites, Meltwater helps companies make better, more informed decisions based on insight from the outside. The company was founded in Oslo, Norway, in 2001 and is headquartered in San Francisco, California, with 50 offices across six continents. The company has 2,200 employees and 27,000 corporate customers, including industry leaders in several sectors. Learn more at meltwater.com.

About the Meltwater Champions Chess Tour
The Champions Chess Tour is the leading online chess Tour worldwide determining the world’s best chess player over a full competitive season of online chess. The 2022 season begins in February 2022 and features monthly tournaments culminating in a Final in November 2022. The best chess players in the world are competing in rapid chess. All games take place online on www.chess24.com with players competing for a total prize pool of over USD 1.5 million. The MCCT is operated by Play Magnus Group listed on Euronext Growth Oslo under the ticker PMG. For more information visit www.championschesstour.com.

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Petróleos Internacionales del Caribe and EXCEL Announce Signing Strategic Operational Partnership MOU

HOUSTON, March 18, 2022 (GLOBE NEWSWIRE) — Petróleos Internacionales del Caribe (“PIC”) and its operating division in Mexico, Petróleos Internacionales del Caribe Inc., Sucursal México (“PICMEX”) and EXCEL (“EXCEL”™) jointly announced today the signing of a Memorandum of Understanding (“MOU”) exclusive agreement with PIC for the total commercialization and build-out of its key Export Facilities in Houston, TX together with compressed storage systems for various fuels and key gas pipeline forward positions for the required fueling elements for its Maritime and Terrestrial Operations. The operations will be vital to the Americas and the United Mexican States with PIC one of kind solutions with its other key partnership.

The MOU and exclusive partnership between PIC and EXCEL represent a significant investment milestone in the commercialization of the export facilities and receiving terminals, as it signals the commencement of project specific pre-FEED (Front End Engineering Design) studies by PIC’s other partner for the delivery of its maritime and terrestrial operations that will ensure uninterrupted shipments by PIC and its other exclusive partnership for decades to come.

These studies will cover the design of the production and export terminals, receiving terminals and plants, along with the Fleet that will be built to transport and deliver fuel to PIC’s markets in Mexico and throughout the Americas. Following completion of the pre-FEED studies and Final Investment Decision (FID) by PIC, PIC and its partner will undertake the FEED for final design and construction for the projects in Mexico that PIC has positioned thus far.

“EXCEL is very enthusiastic about partnering with PIC, and looks forward to a long and mutual growing relationship building out state of the art export and strategic pipeline operations.” Jason Hardwick, President of EXCEL Midstream Solutions. “EXCEL looks forward to partnering and providing PIC our best-in-class service across the entire project life cycle.” Dave Roberts, CEO of EXCEL

“These projects will provide Mexico, and other countries in Central and South America, and the Americas with affordable fuels and power, as well as significant carbon emissions reductions, a key component in achieving sustainability and balanced for PIC and its Partner.”

“We are excited to take this significant step with EXCEL,“ said Michael Hood, CEO of PIC. “Through this exclusive operational partnership, PIC and EXCEL will accelerate commercialization of the Export Facilities to help meet the fuel supply and electricity needs of PIC’s customers in Mexico and throughout the Americas while substituting higher-emission fuels to continue driving down emissions towards a greener brighter future.”  In addition to the thousands of new employment opportunities, this operation will bring forth to the Great State of Texas over the next decade.

About Petróleos Internacionales del Caribe and Petróleos Internacionales del Caribe Inc., Sucursal México

Petróleos Internacionales del Caribe (“PIC”) is a global company based in the USA. The company develops and operates a variety strategic related operations with its key partnerships. Petróleos Internacionales del Caribe Inc., Sucursal México (“PICMEX”) is an affiliate of PIC and is headquartered in Mexico. For more information, please visit www.pic-sas.com

About EXCEL

EXCEL is a premier provider of full service civil, structural, mechanical, fabrication, electrical and instrumentation engineering, construction, and maintenance services, as well as disaster recovery services. EXCEL has a long successful history of managing and meeting the challenging schedules and budgets of projects of all sizes, and we are consistently recognized for our exemplary safety record and work quality. Our experience, breadth of projects, dedication to safety and excellent corporate culture help us attract and retain the most highly skilled team of craft and supervisors available to serve our clients’ needs. For more information, please visit www.excelusa.com and www.excelmidstream.com

For media queries, please contact:

Jay Shahidi
PIC USA-PIC Mexico
info@pic-sas.com
+1 714 553 7482
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Taiwan’s Chou Tien-chen books semifinal slot at All England Open

Taiwan badminton ace Chou Tien-chen (???) blitzed Jonatan Christie of Indonesia Friday to power into the semifinals of the men’s singles at the All England Open.

The fourth seed and world No. 4 Chou outdueled seventh-seeded world No. 8 Christie in straight sets 21-10, 21-15 in 36 minutes at the prestigious Super 1000 tournament, which carries a total purse of US$1 million and is held in Birmingham, England.

Chou’s latest victory also extended his head-to-head record against Christie to three wins and six losses.

The Taiwanese shuttler faces first seed and world No. 1 Viktor Axelsen of Denmark in the semifinals Saturday.

In the quarterfinal match on Friday, Chou was quick off the blocks winning the first seven points, a lead he maintained to win the first game comfortably 21-10.

However in the second game, Christie rallied to take an early four point lead, before Chou reeled off another seven consecutive points to to go in front 7-4. With the game tied at 8-8, Chou stepped up the pressure and hit the front, never looking back as he ran away with the second game 21-15, winning the match two games to zero.

Thirty-two-year-old Chou kicked off his campaign at the All England Open, his first tournament of the year, by defeating world No. 23 Shesar Hiren Rhustavito of Indonesia in straight sets 21-10, 21-19 in the opening round Wednesday.

He secured a hard fought victory over world No. 37 Daren Liew of Malaysia 18-21, 21-13, 21-9 in the second round on Thursday.

Founded in 1899, the All England Open is the world’s oldest badminton tournament.

Source: Focus Taiwan News Channel

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Filipino basketball veteran Nino Canaleta checks in for Taichung Suns

Filipino professional basketball player Nino “KG” Canaleta has arrived in Taiwan to play for the Taichung Wagor Suns in Taiwan’s professional basketball league T1 LEAGUE, the club said Saturday.

The 16-year Philippine Basketball Association (PBA) veteran touched down and checked into a Taiwan hotel the same day to undergo mandatory quarantine, the Suns told CNA.

The 40-year-old 198 cm-tall swingman, nicknamed KG for his resemblance to Kevin Garnett, was picked No. 6 overall by Air21 Express in the 2005 rookie draft and has played for nine teams in the PBA.

He last played for the Blackwater Bossing until his contract expired on Dec. 31 when he became a free agent.

During his prolific career, KG has often been called the “Da Vinci of dunks,” for soaring above the rim to five PBA slam dunk crowns in 2005, 2006, 2007, 2010, and 2012.

Suns General Manager David Wang was full of praise for Canaleta’s post up ability.

“He has classic post up moves and his low post is textbook quality. We hope to take advantage of his experience to guide the young players in the Suns,” Wang said.

Canaleta, who hails from Tarlac, will be the second player of Philippine heritage playing for the Suns after Filipino-Australian Jordan Heading.

With just over half the season already played, the Suns are currently third in the six team T1 LEAGUE standings, having won 11 games and lost eight.

Source: Focus Taiwan News Channel

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Smart City expo to kick off March 22 in Taipei, March 24 in Kaohsiung

The 2022 Smart City Summit & Expo (SCSE) will be held from March 22 to March 25 in Taipei, and in Kaohsiung from March 24 to March 26, with this year’s event set to double in size, according to organizers.

The Taiwan Smart City Solutions Alliance (TSSA), one of the organizers, said that a total of 450 exhibitors will showcase their innovations across almost 1,500 booths, a 50 percent increase compared with 2021.

According to the TSSA, the Digital Transformation Takes Smart Cities to New Heights-themed SCSE will also be held online.

It will be the first time the annual SCSE will be held in Kaohsiung after it opens in Taipei.

The TSSA said the 2022 SCSE is expected to attract more than 120,000 professional visitors.

The TSSA added that a total of 188 city mayors and representatives from 76 cities in 34 countries will attend the SCSE online for exchanges, while 45 city mayors or representatives will come to Taiwan in person.

At the 2022 SCSE, Taipei will hold two meetings as part of a smart city mayoral summit, Taoyuan will hold a forum on city sustainability, and Kaohsiung will hold forums on smart city living, net-zero carbon emissions, and green energy development, according to organizers.

According to the SCSE website, the Taiwan Climate Partnership will hold a forum on March 23 in Taipei in conjunction with representatives from Taiwan’s information communications technology supply chain in net-zero carbon emissions.

Representatives from Taiwanese tech heavyweights, such as contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) and power management solutions provider Delta Electronics Inc., will also make an appearance at the forum.

In addition, Jonney Shih (???), head of the Taiwan Business Council for Sustainable Development and also known as the chairman of PC brand Asustek Computer Inc., will address a conference on sustainability and circular economy solutions March 24.

Meanwhile, Chunghwa Telecom Co., one of the leading telecom services providers, said it will participate in the 2022 SCSE by demonstrating its efforts in 5G and augmented reality (AR) applications.

Chunghwa Telecom said its 5G technologies have been applied to several recent events such as the countdown party in Kaohsiung and a music festival in Taoyuan.

In addition, its AR technologies have been used for guided tours at the National Palace Museum, the company said.

Source: Focus Taiwan News Channel

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Sales at top 10 contract chipmakers hit Q4 high, TSMC retains No. 1 spot

The world’s top 10 pure-play foundry operators saw sales hit a new quarterly high in the fourth quarter of last year, for the 10th consecutive quarter, with Taiwan Semiconductor Manufacturing Co. (TSMC) retaining its position as the world’s largest contract chipmaker, according to Taipei-based market information advisory firm TrendForce Corp.

In a research report, TrendForce said the 10 largest contract chipmakers in the world generated US$29.55 billion in sales in the October-December period, up 8.3 percent from a quarter earlier, accounting for 98 percent of the global total.

TSMC posted US$15.75 billion in revenue in the fourth quarter, up 5.8 percent from a quarter earlier and accounting for 52.1 percent of the global total, TrendForce’s data showed.

TrendForce said TSMC benefited from the debut of the iPhone 13 series, which went on global sale in September and boosted the shipment of chips made using its advanced 5 nanometer process in the fourth quarter. However, that growth was offset by the fact that shipments of chips made using the company’s 7nm and 6nm processes were impacted by a weaker Chinese smartphone market.

Nevertheless, TSMC continued to command more than 50 percent of the global market, leaving its rivals at home and abroad far behind, TrendForce said.

Other top chipmakers

Among the world’s top 10, Taiwan’s United Microelectronics Corp. (UMC) took third spot after generating US$2.12 billion in sales in the fourth quarter, up 5.8 percent from a year earlier and accounting for 7.0 percent of the global market.

Powerchip Semiconductor Manufacturing Corp. (PSMC) and Vanguard International Semiconductor Corporation (VIS) from Taiwan took seventh and eighth places with US$619 million and US$458 million in sales, respectively, or a 2.0 percent and a 1.5 percent share of the world market.

South Korea’s Samsung Electronics Corp. came second after posting US$5.54 billion in sales in the fourth quarter, up 15.3 percent from a quarter earlier. Samsung accounted for 18.3 percent of total global sales.

As Samsung is one of the few contract chipmakers with its own 7nm process, and production based on its 5nm and 4nm processes is on the rise, the South Korean supplier saw its fourth quarter sales rise at double digit pace, TrendForce said.

Samsung’s sales were also pushed up by smartphone IC designer Qualcomm Inc., whose chips used in flagship smartphone models entered commercial production.

U.S.-based GlobalFoundries Inc. posted US$1.85 billion in sales in the fourth quarter to take the No. 4 place or a 6.1 percent share, ahead of China’s Semiconductor Manufacturing International Corp. (No. 5, US$1.58 billion in sales), Shanghai-based HuaHong Group (No.6, US$864 million), Israel’s Tower Semiconductor Ltd. (No. 9, US$412 million), and South Korea’s Nextchip Corp. (No. 10, US$352 million).

Looking ahead, TrendForce said, the top 10 contract chipmakers are expected to enjoy sales growth in the first quarter of this year largely on the back of an increase in average sales prices.

Source: Focus Taiwan News Channel

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