Lens Technology accelerates Liquid Cooling Innovations for AI Systems
The issuer is solely responsible for the content of this announcement.
Lens Technology Co., Ltd
Lens Technology is a leading global provider of comprehensive precision manufacturing solutions for the entire smart terminal industry chain, and is a key player in the consumer electronics and automotive electronics sectors. The company operates across a diverse array of advanced fields, including smartphones, smart wearables, smart vehicles, and humanoid robots.
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Free Malaysia Today
3 hours ago
- Free Malaysia Today
Provide ‘detailed data' if you want MotoGP extended, says Yeoh
SIC's CEO, Azhan Shafriman Hanif, said that following the decision to give up the hosting rights for the Formula 1 grand prix, Malaysia should not 'make the same mistake with MotoGP'. (EPA Images pic) PETALING JAYA : The government's decision on whether to extend Sepang International Circuit's (SIC) contract to host the Malaysian Motorcycle Grand Prix (MotoGP) will depend on detailed data showing the race's return on investment, says youth and sports minister Hannah Yeoh. While the event had received encouraging support, Yeoh said, SIC must convince the finance ministry that the race provides comprehensive benefits. 'When we invest, we are not signing only in terms of tourism. It should help support the economy and job opportunities for Malaysians,' Bernama quoted her as saying after an event in Putrajaya today. Yeoh said the MotoGP generates about 4,500 temporary jobs annually, but the government also wanted to see long-term benefits, such as skills transfer to Malaysians. 'So, that's why data collection is important, and SIC must ensure that all this is recorded to convince the finance ministry that it is not a waste,' she said. It was reported yesterday that SIC was in talks with rights holder Dorna Sports to renew its MotoGP contract, which expires in 2026. SIC's CEO, Azhan Shafriman Hanif, was also reported as saying that following the decision to give up the hosting rights for the Formula 1 grand prix, Malaysia should not 'make the same mistake with MotoGP'. On another matter, Yeoh expressed confidence in the Malaysian badminton squad ahead of the World Championships in Paris from Aug 25 to 31. She said athletes under the Road to Gold (RTG) programme had the potential to deliver strong performances, but cautioned against injuries owing to the tight competition calendar. Among the shuttlers in the RTG programme are Aaron Chia-Soh Wooi Yik, Goh Sze Fei-Nur Izzuddin Rumsani, Man Wei Chong-Tee Kai Wun, Pearly Tan-M Thinaah, Chen Tang Jie-Toh Ee Wei and Goh Soon Huat-Shevon Jemie Lai. Separately, 80 athletes will represent Malaysia at the SEA Deaf Games in Jakarta, competing in six sports – futsal, athletics, badminton, tenpin bowling, chess, and table tennis.
Free Malaysia Today
3 hours ago
- Free Malaysia Today
China's top diplomat Wang arrives in India
China's foreign minister Wang Yi is expected to meet prime minister Narendra Modi during his three-day visit to New Delhi. (AP pic) NEW DELHI : China's top diplomat landed in neighbouring India on Monday, seeking to bolster long-fraught relations in the face of intense pressure and tariffs from the US. Foreign minister Wang Yi held talks with his counterpart Subrahmanyam Jaishankar and is also expected to meet prime minister Narendra Modi during his three-day visit to New Delhi. Modi, according to Indian media, might also visit China this month. India's foreign ministry said in a social media post that 'important engagements of the India-China special representatives and on bilateral relations' were scheduled over the next two days. The world's two most populous nations are intense rivals competing for influence across South Asia and fought a deadly border clash in 2020. But caught in global trade and geopolitical turbulence triggered by US President Donald Trump's tariff war, the countries have moved to mend ties. Restarting border trade across their icy and high-altitude Himalayan border is expected to feature high on Wang's agenda. Its resumption would be significant for its symbolism and follows agreements to return direct flights and issue tourist visas. India is also part of the Quad security alliance with the US, Australia and Japan, which is seen as a counter to China. Modi calls 'friend' Putin Warming ties between China and India come as relations between New Delhi and Washington are strained. Trump has issued an ultimatum for India to end its purchases of Russian oil – a key revenue source for Moscow's war in Ukraine – or Washington will double new import tariffs from 25% to 50%. Modi said Monday he spoke to 'my friend' Vladimir Putin, with the Russian president 'sharing insights' on his Alaska summit with Trump last week. 'India has consistently called for a peaceful resolution of the Ukraine conflict and supports all efforts in this regard,' the Indian premier wrote on social media. Indian hopes that the Alaska meeting would ease US tariff pressure were tempered earlier Monday by US trade adviser Peter Navarro. 'If India wants to be treated as a strategic partner of the US, it needs to start acting like one,' he wrote in a sharply worded column in the Financial Times. 'India acts as a global clearinghouse for Russian oil, converting embargoed crude into high-value exports while giving Moscow the dollars it needs,' he wrote. 'The proceeds flow to India's politically connected energy titans and, in turn, into Vladimir Putin's war chest,' he added, in an apparent swipe at India's big refiners, which include tycoon Mukesh Ambani. Navarro said the 50% tariff – due to begin on August 27 – will 'hit India where it hurts'.
Free Malaysia Today
4 hours ago
- Free Malaysia Today
India reels from US tariff hike threat
The 50% levy threatens to upend low-margin, labour-intensive industries ranging from gems and jewellery to textiles and seafood. (EPA Images pic) MUMBAI : Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump's threatened tariff salvo against the world's most populous nation. Many warn of dire job losses after Trump said he would double new import tariffs from 25% to 50% if India continues to buy Russian oil, in a bid to strip Moscow of revenue for its military offensive in Ukraine. 'At 50% tariff, no product from India can stand any competitive edge,' said economist Garima Kapoor from Elara Securities. India, one of the world's largest crude oil importers, has until Aug 27 to find alternatives to replace around a third of its current oil supply from abroad. While New Delhi is not an export powerhouse, it shipped goods worth about US$87 billion to the US in 2024. That 50% levy now threatens to upend low-margin, labour-intensive industries ranging from gems and jewellery to textiles and seafood. The Global Trade Research Initiative estimates a potential 60% drop in US sales in 2025 in sectors such as garments. Exporters say they are racing to fulfil orders before the deadline. 'Whatever we can ship before Aug 27, we are shipping,' said Vijay Kumar Agarwal, chairman of Creative Group. The Mumbai-based textile and garment exporter has a nearly 80% exposure to the US market. But Agarwal warned that is merely triage. Shipping goods before the deadline 'doesn't solve' the problem, he said. 'If it doesn't get resolved, there will be chaos,' he said, adding that he's worried for the future of his 15,000 to 16,000 employees. 'It is a very gloomy situation… it will be an immense loss of business.' Shifting production abroad Talks to resolve the matter hinge on geopolitics, far from the reach of business. Trump is set to meet Vladimir Putin on Friday, the first face-to-face meeting between the two countries' presidents since Russia launched its full-scale invasion of Ukraine in February 2022. New Delhi, with longstanding ties with Moscow, is in a delicate situation. Since Trump's tariff threats, prime minister Narendra Modi has spoken to both Putin and Ukrainian President Volodymyr Zelensky, urging a 'peaceful resolution' to the conflict. Meanwhile, the US tariff impact is already being felt in India. Businesses say fresh orders from some US buyers have begun drying up – threatening millions of dollars in future business and the livelihoods of hundreds of thousands in the world's fifth biggest economy. Among India's biggest apparel makers with global manufacturing operations, some are looking to move their US orders elsewhere. Top exporter Pearl Global Industries has told Indian media that some of its US customers asked that orders be produced in lower-duty countries such as Vietnam or Bangladesh, where the company also has manufacturing facilities. Major apparel maker Gokaldas Exports told Bloomberg it may boost production in Ethiopia and Kenya, which have a 10% tariff. 'Standstill' Moody's recently warned that for India, the 'much wider tariff gap' may 'even reverse some of the gains made in recent years in attracting related investments'. India's gems and jewellery industry exported goods worth more than US$10 billion last year and employs hundreds of thousands of people. 'Nothing is happening now, everything is at a standstill, new orders have been put on hold,' Ajesh Mehta from D. Navinchandra Exports told AFP. 'We expect up to 150,000 to 200,000 workers to be impacted.' Gems, and other expensive non-essential items, are vulnerable. 'A 10 percent tariff was absorbable – 25% is not, let alone this 50%,' Mehta added. 'At the end of the day, we deal in luxury products. When the cost goes up beyond a point, customers will cut back.' Seafood exporters, who have been told by some US buyers to hold shipments, are hoping for new customers. 'We are looking to diversify our markets,' says Alex Ninan, who is a partner at the Baby Marine Group. 'The US is totally out right now. We will have to push our products to alternative markets, such as China, Japan… Russia is another market we are really looking into.' Ninan, however, warns that is far from simple. 'You can't create a market all of a sudden,' he said.
