Huqiao Games Establishes New Headquarters in Hong Kong, Appoints John Kavvouras as Managing Director
"Establishing our headquarters in Hong Kong positions us at the heart of Asia's gaming ecosystem, which is growing significantly faster than Western markets," says John Kavvouras, newly appointed Managing Director. "Hong Kong's proximity to key gaming markets provides the ideal platform to expand our services globally."
Mr. Kavvouras brings over 15 years of business experience to his role, with expertise in finance and emerging market development. His knowledge will be instrumental in developing new strategic initiatives to support the evolving needs of the gaming industry.
This transition also sees founder Wojtek Jaworski stepping into a new role, focusing on direct engagement with the dynamic Chinese gaming landscape, leveraging his deep understanding to foster innovation and growth.
"The future of gaming lies in Asia, where innovative monetization models, a massive user base, and a growing middle class create ideal conditions for growth," explains Mr. Kavvouras. "Our move to Hong Kong is a fundamental redirection of our strategy to better serve clients who are increasingly looking East for growth and inspiration."
The new headquarters will serve as the center of Huqiao Games' global operations. The firm plans to expand by recruiting local talent with experience in the Asian gaming market. Furthermore, Huqiao Games is actively seeking strategic partnerships with Chinese institutional investors to capitalize on the burgeoning PC gaming sector and empower Chinese developers to expand their reach globally.
About Huqiao Games
Founded in 2021, Huqiao Games specializes in helping Western game developers successfully enter Asian markets. The company has assisted over 96 studios from Europe and North America, including partnerships with Owlcat Games and Butterscotch Shenanigans.
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The Market Online
15 minutes ago
- The Market Online
Titans of tungsten: Securing the future of defense-grade metals
This article is disseminated in partnership with Allied Critical Metals Inc. It is intended to inform investors and should not be taken as a recommendation or financial advice. Tungsten's strategic importance Among critical metals, tungsten is one of the few recognized as such by Canada, the European Union (E.U.) and the United States, underscoring its significant roles across essential industries key to national security. Here's a breakdown: Because it's nearly as hard as a diamond, tungsten is a main component in industrial cutting machines, including for mining and construction, as well as in military equipment, including heat shields, missiles and armor-piercing ammunition. The metal is foundational to the aerospace industry thanks to its heat resistance, the highest among any metal at more than 3,000 degrees Celsius, contributing to the safety of satellites, aircraft and their underlying engines. 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Results, supported by ongoing metallurgical optimization work, will inform an updated preliminary economic assessment slated for the fall, keen on improving project economics and expanding the current resource estimate of 10,618 tons of WO3 indicated and 14,103 tons WO3 inferred. On track for near-term, low-cost production thanks to high grades and historical on-site infrastructure, Borralha positions Allied Critical for near-term cash flow and rapid scaling, aligning shareholders with the leading edge of tungsten demand. The company's value proposition only grows more asymmetric when we consider its Vila Verde project, a mere 45 km southeast of Borralha, whose inferred resource of 7.3 million tons with a cut-off of 0.05 per cent WO3 is headed towards pilot-scale production in 2026. The pilot plant will process about 150,000 tons of mineralization per year, yielding about 250 tons of WO3, with room to expand processing to 300,000 tons contingent on market conditions. 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This means that returns moving forward will likely be less volatile, capped by the cash the business is able to generate and the resources Almonty is able to add to its already globally relevant deposits. That said, the company's established path has room for more than one traveler, given China's outsized tungsten market dominance and the lengthy mining life-cycle, making it a sellers' market when it comes to high-quality resources, aligned with Western countries, of sufficient size to meaningfully strengthen domestic supply. This is where near-term producers such as Allied Critical enter the picture, offering exposure to a potentially more momentous re-rating, given its micro capitalization (31 times smaller than Almonty) and earlier stage of development, as ongoing offtake discussions with refineries across the world expedite the path to production, initial revenue and margin enhancement towards profitability. While both of these tungsten titans, the first-mover and the young gun, present strong data-driven cases for long-term value, the latter has yet to price this promise in, granting it greater near-term upside and making it the more attractive stock to invest in today. Look out for part two of this three-part series, where we'll examine Allied Critical Metals' business plan in more detail, crystalizing its high-conviction role in Western tungsten independence. Join the discussion: Find out what investors are saying about these tungsten mining stocks on the Allied Critical Metals Inc. and Almonty Industries Inc. Bullboards and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. 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Globe and Mail
an hour ago
- Globe and Mail
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National Post
5 hours ago
- National Post
Kioxia Achieves Successful Prototyping of 5TB Large-Capacity and 64GB/s High-Bandwidth Flash Memory Module
Article content Enabling Advanced AI Processing at the Edge to Help Boost the Smart Transformation of Industries Article content TOKYO — Kioxia Corporation, a world leader in memory solutions, has successfully developed a prototype of a large-capacity, high-bandwidth flash memory module essential for large-scale artificial intelligence (AI) models. This achievement was made within the 'Post-5G Information and Communication Systems Infrastructure Enhancement R&D Project (JPNP20017)' commissioned by the New Energy and Industrial Technology Development Organization (NEDO), Japan's national research and development agency. This memory module features a large capacity of five terabytes (TB) and a high bandwidth of 64 gigabytes per second (GB/s). Article content Article content To address the trade-off between capacity and bandwidth that has been a challenge with DRAM-based conventional memory modules, Kioxia has developed a new module configuration utilizing daisy-chained connections with beads of flash memories. We have also developed high-speed transceiver technology enabling bandwidths of 128 gigabits per second (Gbps), along with techniques to enhance flash memory performance. These innovations have been effectively applied to both memory controllers and memory modules. Article content The practical application of this memory module is expected to accelerate digital transformation by enabling the adoption of Internet of Things (IoT), Big Data analysis, and advanced AI processing in post-5G/6G Mobile Edge Computing (MEC) servers and other applications. Article content 1. Background In the post-5G/6G era, wireless networks are expected to achieve higher speeds, lower latency, and the ability to connect more devices simultaneously. However, transmitting data to remote cloud servers for processing increases latency across the entire network, including wired networks, making real-time applications difficult. For this reason, there is a need for the widespread adoption of MEC servers that process data closer to users, which is expected to drive digital transformation across a variety of industries. Furthermore, the demand for advanced AI applications, such as generative AI, has been rising in recent years. Alongside the performance improvements of MEC servers, memory modules are also required to have even larger capacity and higher bandwidth. Article content Against this background, Kioxia has focused on enhancing the capacity and bandwidth of memory modules using flash memory for this project. The company has succeeded in developing a prototype memory module with a capacity of 5 TB and a bandwidth of 64 GB/s, and has verified its operability. Article content 2. Achievements of This Project 2.1 Adoption of Daisy-Chain Connections To achieve both large-capacity and high-bandwidth memory modules, Kioxia has adopted a daisy-chain connection with beads of controllers connected to each memory board instead of a bus connection. As a result, the bandwidth is not degraded even when the number of flash memories is increased, and a large capacity beyond the conventional limit is achieved. Article content 2.2 128 Gbps PAM4 1 High-speed, Low-power Transceiver High-speed differential serial signaling is applied to daisy-chain connections between memory controllers instead of parallel signaling to reduce the number of connections, and PAM4 (Pulse Amplitude Modulation with 4 Levels) is utilized to achieve higher bandwidth of 128 Gbps with low-power consumption. Article content Article content 2.3 Technologies Boosting Flash Memory Performance To shorten the read latency of flash memory in memory modules, Kioxia has developed flash prefetch technology, which minimizes the latency by pre-fetching data during sequential accesses, and implemented this in the controller. In addition, memory bandwidth has been increased to 4.0 Gbps by applying low amplitude signaling and distortion correction/suppression technology to the interface between the memory controller and flash memory. Article content 2.4 Memory Controller and Memory Module Prototyping By implementing 128 Gbps PAM4 high-speed, low-power transceivers and technologies boosting flash memory performance, Kioxia has prototyped a memory controller and memory module that uses PCIe® 6.0 (64 Gbps, 8 lanes) as the host interface to the server. The prototyped memory module demonstrated that a capacity of 5TB and a bandwidth of 64GB/s can be realized with less than 40 watts of power consumption. Article content 3. Future Plans In addition to IoT and big data analysis and advanced AI processing at the edge, Kioxia is promoting the early commercialization and practical implementation of the findings from this research, exploiting new market trends such as generative AI. Article content 1 Article content PAM4 (Pulse Amplitude Modulation with 4 Levels): data transmission technique using four voltage levels representing two-bit data. Article content * PCIe is a registered trademark of PCI-SIG. Article content * Company names, product names and service names may be trademarks of third-party companies. Article content * This announcement has been prepared to provide information on our business and does not constitute or form part of an offer or invitation to sell or a solicitation of an offer to buy or subscribe for or otherwise acquire any securities in any jurisdiction or an inducement to engage in investment activity nor shall it form the basis of or be relied on in connection with any contract thereof. Article content * Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice. Article content About Kioxia Article content Kioxia is a world leader in memory solutions, dedicated to the development, production and sale of flash memory and solid-state drives (SSDs). In April 2017, its predecessor Toshiba Memory was spun off from Toshiba Corporation, the company that invented NAND flash memory in 1987. Kioxia is committed to uplifting the world with 'memory' by offering products, services and systems that create choice for customers and memory-based value for society. Kioxia's innovative 3D flash memory technology, BiCS FLASH™, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems. Article content Article content Article content Article content Article content Contacts Article content
