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Pegatron 5G Unveils Advanced Networking Solutions at India Mobile Congress 2024

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Pegatron 5G Unveils Advanced Networking Solutions at India Mobile Congress 2024
Business

Business

Pegatron 5G Unveils Advanced Networking Solutions at India Mobile Congress 2024

2024-10-15 20:16 Last Updated At:20:35

NEW DELHI, Oct. 15, 2024 /PRNewswire/ -- Pegatron 5G, a provider of Open RAN (O-RAN) compliant products and 5G network solutions, is showcasing its latest innovations at India Mobile Congress (IMC) 2024, a key global event for mobile technology.

Pegatron 5G is committed to supporting India's growing 5G infrastructure and "Make in India" policy. At IMC 2024, we will unveil the PR1450 O-RU and Fronthaul Multiplexer (FHM), designed to provide innovative and cost effective in-building coverage for enterprise and public deployments. The PR1450 O-RU offers reliable indoor connectivity, while the FHM simplifies network configurations for efficient deployments. Both solutions provide flexibility and operational efficiency for various 5G environments.

In addition to core networking products, Pegatron 5G offers a range of Customer Premises Equipment (CPE) and RedCap solutions tailored to the Indian market. These products enable seamless connectivity across industries, supporting diverse applications.

We collaborate with global industry vendors, leveraging our expertise to deliver advanced solutions. At IMC 2024, we are demonstrating network in a radio, energy efficiency functionality for small cells and displaying Pegatron 5G's innovative and cost effective 5G in-building coverage solution and 5G site infrastructure solution for different environments with our partners.  We are open to collaborating with additional partners to provide cost effective and reliable 'Make in India' 5G solution for enterprise and public networks.  

"Pegatron 5G is providing 5G O-RAN private networks and AI application based solutions to optimize our factories throughout Asia and the rest of the world." CY Feng, General Manager of Pegatron BG6 Communication Products said, "we are excited to work with our Indian partner companies and invest in our new facility in Chennai, focused on communication products to support the 'Make in India' policy."

Pegatron 5G invites attendees of India Mobile Congress 2024 (October 15-18) to visit Booth #2.7, Hall 2 to explore our latest offerings and discuss how Pegatron 5G can support your connectivity needs.

About Pegatron 5G

Pegatron 5G draws on the expertise of PEGATRON, a global leader in electronics manufacturing. Established in 2018, Pegatron 5G focuses on O-RAN-compliant solutions for private networks and industrial transformation. Our product portfolio includes 5G radios, servers, networking equipment, and CPE devices, supported by edge computing and network management capabilities.

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

Pegatron 5G Unveils Advanced Networking Solutions at India Mobile Congress 2024

Pegatron 5G Unveils Advanced Networking Solutions at India Mobile Congress 2024

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Hang Seng Bank Delivers Strong Business Performance with Sustained Growth Momentum

2025-02-19 14:08 Last Updated At:14:25

Profit Before Tax Increases by HK$900m, Non-interest Income Jumps 26%

Dividend Per Share Up Nearly 5%

HONG KONG, Feb. 19, 2025 /PRNewswire/ -- Hang Seng Bank today is pleased to report its strong full-year financial results for 2024, showing sustained growth momentum.

The Bank saw a notable 26% increase in non-interest income, a result of deliberate efforts in diversifying its revenue streams and growing the target customer base.

Despite a year of uncertainties, operating profit increased by 8% year-on-year to HK$21,558m. Profit before tax increased by more than HK$900m year-on-year.  Earnings per share improved by 4% while return on shareholders' equity remained steady at 11.3% compared to 2023.  Total dividend distribution for 2024 was HK$6.80 per share, an improvement of 4.6% year-on-year.

As a result of accelerating growth in the retail customer base both in Hong Kong and mainland China, the Bank reported a 75% jump in new-to-bank affluent customers and a 15% increase in affluent customer numbers. New account openings for retail mainland China customers surged 81% year-on-year as integrated banking and wealth management services enhanced cross-boundary business.

Diana Cesar, Executive Director and Chief Executive of Hang Seng Bank, said: "2024 was a challenging year with geopolitical and macro uncertainties. But Hang Seng delivered a strong financial performance by focusing on diversifying our revenue and growing our target customer base. We also took a proactive approach to de-risk our portfolio, which enabled us to keep growing, and delivered notable results for our stakeholders. Going forward, we will continue to invest in our capabilities and support our community, which will fuel growth in a sustainable manner and contribute to Hong Kong's position as an international financial centre and global super-connector."

With economic uncertainties set to persist, Hang Seng continues to adopt a prudent and forward-looking risk management approach, which will provide us with a solid foundation for future growth.

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

Hang Seng Bank Delivers Strong Business Performance with Sustained Growth Momentum

Hang Seng Bank Delivers Strong Business Performance with Sustained Growth Momentum

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