Tech Mahindra, Retalon to offer unified analytic platform to help unlock value

Tech Mahindra announced a global strategic partnership with Retalon, a leader in retail AI and predictive analytics solutions. The partnership will enable Retail and CPG organisations to gain better customer insights, improve decision-making, and enhance operational efficiency.

Tech Mahindra and Retalon will offer a unified common analytic platform to help enterprises unlock significant value in end-to-end planning, inventory management, supply chain network strategy, pricing, and promotion optimisation. The joint efforts will also offer an integrated solution to make smarter inventory and fulfilment decisions, which will result in improved gross margins from 9-12% annually.

The partnership will bring together Tech Mahindra’s expertise in Retail and Consumer Goods, RCG and Digital Services with Retalon’s Artificial Intelligence, AI and Predictive Analytics tools to provide superior customer experiences.

This strategic partnership will further strengthen Tech Mahindra’s market position and expand its global retail portfolio to cater to the evolving and dynamic needs of its customers. The partnership also underlines the company’s focus on digital growth under the NXT. NOW framework, which is focused on leveraging nextgeneration technologies to deliver disruptive solutions today and further enable digital transformation.

UST named Microsoft Azure, expert managed service provider

UST has been named a Microsoft Azure, Expert Managed Service Provider. This achievement from Microsoft is the latest in a long line of recognitions that UST has earned from partners for its commitment to industryleading performance and service. Microsoft presents Azure Expert MSP designation to partners in recognition of their commitment to creating dynamic, user-friendly Azure solutions.

To earn this designation, Microsoft partners undergo a thorough auditing process ensuring they demonstrate industry-leading technical capabilities and offer comprehensive end-to-end support across Azure environments.

Azure Expert MSP is awarded only to the most capable and high-fidelity Azure Managed Service Providers. Microsoft ensures that all Azure Expert MSPs have consistently demonstrated their ability to meet user needs on everything from mission-critical apps to entire datacentre footprints or hybrid environments.

Great Place to Work surveys 250+ companies, certifies 92 in China, Hong Kong, Taiwan

This year, Great Place to Work surveyed more than 250 companies, out of which, the following 92 were awarded; representing more than 140,000 employees in Mainland China, Hong Kong and Taiwan. This survey assesses employees’ perceptions of leadership, organisational culture and trust. In 2022 we registered an amazing average score of 89.3%.

Considering the tough times and difficult challenges that organisations and its leadership lived together with their employees due to COVID consequences; being able to keep a great working culture, innovative teams and profitable business is a great accomplishment. And this year it’s a whooping number of 92 great workplaces.

It is clear that leadership everywhere was confronted with seriously tough situations where the TRUST played a key role in overcoming successfully so many complications. That is the one of the many good reasons to shout to the market about the great accomplishment of these outstanding organisations. Going through our global research information, what has been called new normal, where flex schemes are trending, where higher importance for purpose, D&I and ESG cultures are picking up; TRUST seems to be making the trick to drive things in the best way.

This year, Great Place to Work surveyed more than 250 companies, out of which, the following 92 were awarded; representing more than 140,000 employees in Mainland China, Hong Kong and Taiwan. This survey assesses employees’ perceptions of leadership, organisational culture and trust. In 2022 we registered an amazing average score of 89.3%.

LONGi donates scholarships and computer rooms to schools in Vietnam

LONGi has donated VND 50 million in scholarships and computer rooms worth over VND 200 million to three Vietnamese schools, each of which received 20 new computers. Duohu Zhao, General Manager for LONGi Vietnam, represented the company at each of the schools – Tran Nguyen Han, Nham Bien so 1 and Phuc sơn 1 – during the donation ceremonies, with the respective school principals expressing their gratitude for the company’s support.

LONGi’s donations are actively supported by local government, with the company having a track record of supporting local education in Vietnam, previously donating modules for a 20.2 kWp rooftop solar system at Vo Thi Sau High School in 2021.

Video solutions provider Pixelworks Semiconductor receives Chinese investment

Pixelworks, a provider of innovative video and display processing solutions, announced the company’s majority owned subsidiary, Pixelworks Semiconductor Technology, entered into an agreement with a group of private equity and strategic investors based in China, as well as with entities owned by PWSH employees, under which committed investments will be made in exchange for equity interest in PWSH.

In aggregate, the capital increase agreements consist of the commitment by employee entities to pay amounts in RMB equating to approximately $1.4 million in exchange for total equity interest of 0.54% in PWSH, reflecting a pre-money valuation of the

RMB equivalent of approximately $250.7 million, and by non-employee investors to pay amounts in RMB equivalent to approximately $14.3 million in exchange for total equity interest of 2.76% in PWSH, reflecting a pre-money valuation of the RMB-equivalent of approximately $501.4 million. Following the anticipated closing of these transactions, Pixelworks, Inc. will continue to hold an approximately 78.2% equity interest in PWSH.

Additionally, the Company reaffirmed its previously provided financial guidance for fourth quarter total revenue of between $16 million and $18 million.