Day: October 30, 2023

Global Silicon Carbide Market Size to Reach USD 9.18 Billion in 2032 | Emergen Research

The silicon carbide market is witnessing rapid growth, driven by the increasing demand for its semiconductor components and energy-efficient solutions like electric vehicles. Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global silicon carbide market size was USD 3.10 Billion in 2022 and is expected to register a revenue CAGR of 11.6% during the forecast period. This market shows no signs of slowing down. Several key factors are driving this growth, including the rising demand for silicon carbide semiconductor components, the adoption of energy-efficient solutions like electric vehicles, increased investments, and advancements in infrastructure processes. Silicon carbide, a wide bandgap semiconductor, is transforming power electronics due to its unique combination of physical and electronic properties. It boasts high hardness,...

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Change of the Company’s Auditor

ALBION DEVELOPMENT VCT PLC LEI Code 213800FDDMBD9QLHLB38 Change of the Company’s Auditor Following a formal and rigorous audit tender process, Albion Development VCT PLC (the “Company”), is pleased to announce the appointment of Johnston Carmichael LLP (“Johnston Carmichael”) as the Company’s Auditor with immediate effect. Johnston Carmichael will conduct the audit of the Annual Report and Financial Statements for the year ended 31 December 2023. The appointment of Johnston Carmichael as the Company’s Auditor for the subsequent financial year end will be subject to approval by shareholders at the next Annual General Meeting in 2024. The Board has concluded that Johnston Carmichael is independent of the Company. The last audit tender process was undertaken in 2017, and the Audit & Risk Committee thought it was appropriate to undertake...

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Risk Strategies Acquires Fairmount Benefits Company

Specialty firm adds to the expertise of rapidly growing national employee benefits practice BOSTON, Oct. 30, 2023 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced it has acquired Fairmount Benefits Company, a Pennsylvania-based specialty firm focused on developing and administering employee benefit programs for corporate employers. Terms of the deal were not disclosed. Based in the Philadelphia region, Fairmount Benefits is an insurance brokerage and consulting firm offering customized solutions, strategic guidance and implementation support in all lines of employee benefits. The firm has established specializations in helping clients with funding mechanisms, pharmacy cost management, benefit technologies and employee engagement. “Fairmount Benefits’...

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Global Power Semiconductors Market Size to Reach USD 59.92 Billion in 2032 | Emergen Research

Global Power Semiconductors Market Shows Steady Growth, Led by Automotive and Consumer Electronics Sectors Vancouver, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global power semiconductors market size was USD 41.60 Billion in 2022 and is expected to register a revenue CAGR of 3.8% during the forecast period. The market’s growth is attributed to various factors, including the increasing adoption of power semiconductors in automobiles and consumer electronics, rising demand for wireless communication technologies, and a growing focus on renewable energy and sustainability. Power semiconductors are essential components in numerous high-tech industries and specialized applications, ranging from electrical and electronics to aerospace, solar energy, optics, and communications. Their importance has surged in recent years, especially...

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LifeWallet Announces It Is In Compliance with All Applicable Nasdaq Listing Standards

Nasdaq Has Informed the Company That a Bid Price Deficiency of its Stock Has Been Cured CORAL GABLES, Fla., Oct. 30, 2023 (GLOBE NEWSWIRE) — MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet,” or the “Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced it received correspondence from Nasdaq on Oct 27, 2023 that the Company’s previously disclosed bid price deficiencies have been cured, and that the Company is now in compliance with all applicable Nasdaq listing standards. As a result, the scheduled hearing before the Nasdaq Listing Qualifications Hearings Panel on November 2, 2023, has been cancelled. The Company’s Class A common stock will continue to be listed and traded on Nasdaq, subject to continued compliance with...

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BIMI International Medical Inc. Announces Subsidiary Phenix Bio Inc’s Appointment of Hong Kong, Taiwan, and Macau Exclusive Distributor

NEW YORK, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI, “BIMI”), a healthcare products and services provider today announced that its subsidiary, Phenix Bio Inc., appointed Hao Mu Pte. Ltd., a Singapore company (“Hao Mu”), as its exclusive distributor responsible for the distribution of Phenix’s 17 herbal supplements in Hong Kong, Taiwan and Macau. Pursuant to the terms of a sales agreement entered into on October 29, 2023, Hao Mu must make annual purchases of at least $5 million in order to maintain its exclusive distributor status for this territory. Under the terms of this agreement, Phenix’s comprehensive portfolio of high-quality herbal supplements will be made available to consumers in Hong Kong, Taiwan and Macau through Hao Mu’s well-established distribution channels and network. “We...

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Stationery Products Market Size, Share & Growth [2023-2030] | Exclusive Report by Fortune Business Insights™

Companies leading in the Stationery Products Market are Fullmark, Pens & Plastics, Reynolds Pens, Faber Castel, 3M, Artline, Staedtler, and Others. Stationery Products Market Stationery Products Market Pune, India , Oct. 30, 2023 (GLOBE NEWSWIRE) — The global stationery products market size is expected to gain momentum during the forecast period. Consumers’ exposure to arts has been more accessible in past years, due to the rise of internet sales and the spread of numerous e-commerce channels. This has boosted the sales of stationery goods all around the world. The change from traditional to modern style, combined with increasing demand from schools, and colleges, is another element that is expected to drive the market expansion. This information is published by Fortune Business Insights™ in a research...

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BIMI International Medical Inc. Announces Subsidiary Phenix Bio Inc’s Appointment of Mainland China Non-Exclusive Distributor

NEW YORK, NY, Oct. 30, 2023 (GLOBE NEWSWIRE) — BIMI International Medical Inc. (NASDAQ: BIMI, “BIMI”), a healthcare products and services provider today announced that its subsidiary, Phenix Bio Inc., appointed Hao Mu Pte. Ltd., a Singapore company (“Hao Mu”), as a distributor responsible for the distribution of Phenix’s 17 herbal supplements in Mainland China. Pursuant to the terms of a sales agreement entered into on October 29, 2023, Hao Mu must make annual purchases of at least $5 million in order to maintain its distributor status for this territory. Under the terms of this agreement, Phenix’s comprehensive portfolio of high-quality herbal supplements will be made available to consumers in Mainland China through Hao Mu’s well-established distribution channels and network. “Expanding our partnership with Hao Mu to Mainland...

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Ascent Solar Achieves Efficiency of 17.55% for CIGS Technology

THORNTON, Colo., Oct. 30, 2023 (GLOBE NEWSWIRE) — Ascent Solar Technologies, (Nasdaq: ASTI) (“ASTI” or the “Company”), the leading U.S. innovator in the design and manufacture of featherweight, flexible, and durable CIGS thin-film photovoltaic (PV) solutions, announced today that the latest test results of the Company’s proprietary CIGS technology show an in efficiency increase from 15.5% to 17.55%, a milestone achievement. In August 2023, the Ascent team began working diligently to optimize both the manufacturing processes and chemistry of its CIGS technology. This has resulted in a steady increase in efficiency that began with a jump from 10.8% to 15.2% on September 5; an additional increase to 15.5% on September 12; and now this significant increase to 17.55% just six weeks later. The latest efficiency increase can be attributed...

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Aerial Imaging Market to Worth $36.70 Billion by 2029 | Exclusive Report by Fortune Business Insights™

The aerial imaging market covered major Segments By Camera Orientation (Oblique and Vertical), By Oblique (Low and High), End-Use (Government, Defense, Forestry and Agriculture, and Others {Infrastructure, Transport, Media and Entertainment}) and Major Regions. Aerial Imaging Market Aerial Imaging Market Pune, India, Oct. 30, 2023 (GLOBE NEWSWIRE) — The global aerial imaging market size was USD 5.88 billion in 2022 and is projected to grow from USD 7.51 billion in 2023 to USD 36.70 billion in 2029 exhibiting a CAGR of 25.44% during the forecast period. This information is presented by Fortune Business Insights™, in its report titled, “Aerial Imaging Market, 2023-2029.” The aerial imaging market encompasses the acquisition and analysis of images and data captured from aerial platforms. It finds applications in agriculture,...

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