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AI and Emerging Technologies Drive Demand for Magnetic Components

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AI and Emerging Technologies Drive Demand for Magnetic Components
Business

Business

AI and Emerging Technologies Drive Demand for Magnetic Components

2024-10-08 21:10 Last Updated At:21:25

TAIPEI, Oct. 8, 2024 /PRNewswire/ -- With the rapid advancement of artificial intelligence (AI) technology, the demand for high-performance computing continues to grow, particularly in applications requiring powerful graphics processing capabilities. This has led to an increasing need for NVIDIA, AMD, and Intel GPUs. These high-end graphics computing systems require high-wattage power support, driving the rapid growth in demand for new types of coupling inductors. The continuous rise in electronic product demand and technological innovations is fueling the need for higher-performance, high-frequency, and highly reliable magnetic components, thus promoting growth in the electronic components market.

The development of emerging applications such as 5G communication, the Internet of Things (IoT), and electric vehicles is also driving innovation in magnetic components. Magnetic components, including transformers, inductors, and magnetic beads, are widely used in power management, signal processing, and energy storage applications. Advances in magnetic materials science have become a focal point of technological development, with the application of nanocrystalline materials and new magnetic materials significantly enhancing component performance and enabling miniaturization.

In addition, advancements in automated manufacturing technology not only help stabilize product quality but also improve efficiency and reduce costs. Production processes are also shifting towards sustainable development, reducing environmental impact during manufacturing.

The rapid development of lead-free solder and high-performance, low-energy components not only promotes efficient resource use but also supports green environmental trends.

Taiwan-based inductor manufacturer GOTREND has been dedicated to advancing technology and innovation in research and development since 2000. The company focuses on providing high-quality, reliable inductors and magnetic component products, serving a range of applications including wireless charging, smart living, industrial automation, communications, smart vehicles, medical, and AI servers. Recently, GOTREND introduced the GTLVR Series TLVR coupling inductors for AI and GPU applications, which have garnered significant industry attention. As developments in new energy vehicles, smart homes, Industry 4.0, and AI continue, the magnetic component market is expected to expand. GOTREND plans to increase its investment in R&D and launch more innovative products to meet market demands and solidify its market position.

For more information about GOTREND, please visit https://www.gotrend.com.tw/ or contact us.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

AI and Emerging Technologies Drive Demand for Magnetic Components

AI and Emerging Technologies Drive Demand for Magnetic Components

AI and Emerging Technologies Drive Demand for Magnetic Components

AI and Emerging Technologies Drive Demand for Magnetic Components

AI and Emerging Technologies Drive Demand for Magnetic Components

AI and Emerging Technologies Drive Demand for Magnetic Components

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50+ Nations Join Forces to Announce BRICS International Fashion Federation

2024-10-09 10:17 Last Updated At:10:35

MOSCOW, Oct. 9, 2024 /PRNewswire/ -- The BRICS+ Fashion Summit in Moscow ended with a major announcement: leaders from fashion associations in over 50 countries signed a memorandum that initiates BRICS International Fashion Federation. The federation aims to establish new influence centers, enhance global connections, promote sustainability, and support emerging fashion talent. With over 100 countries attending, the Summit marked the largest fashion event for both emerging and established markets.

Ali Charisma, the Founder of the Indonesian Fashion Chamber, said, "Moscow, with its rich cultural heritage and strategic location bridging East and West, emerged as the ideal hub for uniting fashion industry leaders. The city's vibrant fashion scene and capacity to host major international events made it a natural choice for fostering collaboration and establishing the BRICS International Fashion Federation."

Sunil Sethi, Chairman of the Fashion Design Council of India, said, "The need for such a fashionable alliance of emerging countries is needed. Brands, designers, and markets all face similar challenges—from supply chain disruptions to environmental issues—that are easier to solve together. The fashion industry, dominated by a few hundred global brands, requires emerging markets to establish their own platform to voice their concerns."

The memorandum to establish the BRICS International Fashion Federation was signed by numerous influential figures, from CEOs of fashion weeks, fashion and textile associations' heads, and academic leaders from countries around the world like Indonesia, Singapore, Vietnam, South Africa, Russia, Spain, the USA, among many others.

Natalya Sergunina, Deputy Moscow Mayor, highlighted the initiative's significance: "The creation of this International Federation is a major outcome of the recent BRICS+ Fashion Summit in Moscow. It demonstrates once again the shared goals and substantial potential for growth that we have with our global colleagues."

The declaration outlines key goals: supporting local talent, promoting sustainable fashion, fostering cultural exchange, and creating a unified platform for emerging markets through education and information. It also emphasizes developing new technologies, preserving cultural identities, and supporting traditional arts and crafts.

"We are dedicated to giving these visionaries a global platform and local events to celebrate their creativity. Our goal is to promote sustainable, eco-friendly practices, using transparent methods to reduce the fashion industry's carbon footprint. Slow fashion and mindful consumption will be central to the BRICS IFF agenda in addressing fashion's environmental impact.," says the official statement.

Photo: https://drive.google.com/file/d/1U5VSjGtSYl-Qi--_S4fjBfKDq9hGMuvN/view?usp=drive_link

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

50+ Nations Join Forces to Announce BRICS International Fashion Federation

50+ Nations Join Forces to Announce BRICS International Fashion Federation

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