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CHT Security Earns Frost & Sullivan's 2024 Taiwan Company of the Year Award for Pioneering End-to-End Cybersecurity Solutions and Enhancing Industry Standards

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CHT Security Earns Frost & Sullivan's 2024 Taiwan Company of the Year Award for Pioneering End-to-End Cybersecurity Solutions and Enhancing Industry Standards
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CHT Security Earns Frost & Sullivan's 2024 Taiwan Company of the Year Award for Pioneering End-to-End Cybersecurity Solutions and Enhancing Industry Standards

2024-11-05 12:30 Last Updated At:12:45

CHT Security leads Taiwan's cybersecurity industry with game-changing, AI-driven solutions that streamline incident response times and address a broad spectrum of emerging threats.

SAN ANTONIO, Nov. 5, 2024 /PRNewswire/ -- Frost & Sullivan recently researched the cybersecurity services industry and, based on its findings, recognizes CHT Security with the 2024 Taiwan Company of the Year Award. CHT Security is Taiwan's leading managed security service provider (MSSP), offering superior customer support and innovative AI-powered cybersecurity solutions that seamlessly protect businesses from the latest cyber threats.

CHT Security efficiently integrates AI and automation capabilities into its operations, dramatically reducing the time required to detect and mitigate cyber threats. Its services span multiple sectors, including critical infrastructure, healthcare, and finance, and its customer base includes over 300 large enterprises and nearly a million consumers. Additionally, the company's solutions cover all stages of cybersecurity management, from pre-event detection, during-event monitoring and response to post-event digital forensics and recovery. This end-to-end approach, combined with its powerful Security Operations Center (SOC) and Managed Detection and Response (MDR) services, ensures that clients receive proactive and responsive protection tailored to their operational needs.

CHT Security also invests heavily in cultivating talent to meet the growing demands of the cybersecurity sector. The company encourages professional development by offering extensive training opportunities and helping employees obtain globally recognized certifications. Through collaborations with universities and ongoing internal training programs, CHT Security ensures it has a highly skilled team ready to tackle complex cybersecurity challenges. This strengthens its internal capabilities and enhances its customers' experience.

"Frost & Sullivan acknowledges that CHT Security is well-positioned as a client-centric vanguard in Taiwan's cybersecurity services market by merging its SOC with MDR services, capitalizing on AI and automation, and facilitating real-time incident response (IR) and threat detection. The company's all-encompassing offerings meet diverse environments' (including IT and OT) dynamic requirements and agilely respond to evolving cyber threats," said Iqra Azam, best practices research analyst at Frost & Sullivan.

CHT Security is steadily growing in the Taiwanese market and offers first-class cybersecurity solutions to over 900,000 households and mobile subscribers, over 40,000 SMEs, and 300 large enterprises and government institutions.

The company implements a customer-first approach to ensure its solutions align with each client's specific needs. CHT Security continuously improves its services by conducting tri-annual satisfaction surveys and closely reviewing feedback. This dedication to addressing customer pain points is reflected in its high retention rates, with over 90% of its clients choosing to continue their partnerships. Furthermore, CHT Security assigns dedicated project managers to each client to guarantee personalized service and rapid response times, enhancing its outstanding brand reputation and reliability.

"Frost & Sullivan opines that CHT Security's exemplary customer service and steady talent cultivation reinforce its competitive advantage. The company delivers unique benefits and fosters solid stakeholder relationships by leveraging the voice of the customer and investing in skilled professionals," noted Vivien Pua, senior industry analyst at Frost & Sullivan.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Tarini Singh
P: +91- 9953764546
E: Tarini.Singh@frost.com 

About CHT Security

CHT Security (TWSE: 7765) is a specialized cybersecurity subsidiary of Chunghwa Telecom, the largest telco and ISP in Taiwan. Being the leading Managed Security Service Provider (MSSP) in Taiwan, CHT Security delivers comprehensive cyber security services. CHT Security provides telco-centric network security and comprehensive cyber security services to almost every segment, including government, critical infrastructure, finance, manufacturer, healthcare, enterprise and even consumer. For more details, visit our official website.

Contact:

Karen Chen
P: +886-2 23431628 ext. 8048
E: karenchen@chtsecurity.com

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

CHT Security Earns Frost & Sullivan's 2024 Taiwan Company of the Year Award for Pioneering End-to-End Cybersecurity Solutions and Enhancing Industry Standards

CHT Security Earns Frost & Sullivan's 2024 Taiwan Company of the Year Award for Pioneering End-to-End Cybersecurity Solutions and Enhancing Industry Standards

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SK hynix to Unveil 'Full Stack AI Memory Provider' Vision at CES 2025

2025-01-03 08:18 Last Updated At:08:35

- SK hynix to showcase technological capabilities, participating in the world's largest consumer electronics show, CES 2025, from January 7-10

- Featuring a wide range of products driving the AI era, from HBM, the core of AI infrastructure, to next-gen memories like PIM

- Company to present new possibilities in the AI era through technological innovation and provide irreplaceable value

SEOUL, South Korea, Jan. 3, 2025 /PRNewswire/ -- SK hynix Inc. (or "the company", www.skhynix.com) announced today that it will showcase its innovative AI memory technologies at CES 2025, to be held in Las Vegas from January 7 to 10 (local time).

A large number of C-level executives, including CEO Kwak No-jung, CMO (Chief Marketing Officer) Justin Kim and Chief Development Officer (CDO) Ahn Hyun, will attend the event. "We will broadly introduce solutions optimized for on-device AI and next-generation AI memories, as well as representative AI memory products such as HBM and eSSD at this CES," said Justin Kim. "Through this, we will publicize our technological competitiveness to prepare for the future as a 'Full Stack AI Memory Provider1'."

1Full Stack AI Memory Provider: Refers to an all-round AI memory provider, which provides comprehensive AI-related memory products and technologies

SK hynix will also run a joint exhibition booth with SK Telecom, SKC and SK Enmove, under the theme "Innovative AI, Sustainable Tomorrow." The booth will showcase how SK Group's AI infrastructure and services are transforming the world, represented in waves of light.

SK hynix, which is the world's first to produce 12-layer HBM products for 5th generation and supply them to customers, will showcase samples of HBM3E 16-layer products, which were officially developed in November last year. This product uses the advanced MR-MUF process to achieve the industry's highest 16-layer configuration while controlling chip warpage and maximizing heat dissipation performance.

In addition, the company will display high-capacity, high-performance enterprise SSD products, including the 'D5-P5336' 122TB model developed by its subsidiary Solidigm in November last year. This product, with the largest existing capacity, high power and space efficiency, has been attracting considerable interest from AI data center customers.

"As SK hynix succeeded in developing QLC2 (Quadruple Level Cell)-based 61TB products in December, we expect to maximize synergy based on a balanced portfolio between the two companies in the high-capacity eSSD market" said Ahn Hyun, CDO at SK hynix. The company will also showcase on-device AI products such as 'LPCAMM23' and 'ZUFS 4.04,' which improve data processing speed and power efficiency to implement AI in edge devices like PCs and smartphones. The company will also present CXL and PIM (Processing in Memory) technologies, along with modularized versions, CMM(CXL Memory Module)-Ax and AiMX5, designed to be core infrastructures for next-generation data centers.

2QLC: NAND flash is divided into SLC (Single Level Cell), MLC (Multi Level Cell), TLC (Triple Level Cell), QLC (Quadruple Level Cell), and PLC (Penta Level Cell) depending on how much information is stored in one cell. As the amount of information stored increases, more data can be stored in the same area.

3Low Power Compression Attached Memory Module 2 (LPCAMM2): LPDDR5X-based module solution that provides power efficiency and high performance as well as space savings. It has the performance effect of replacing two existing DDR5 SODIMMs with one LPCAMM2.

4Zoned Universal Flash Storage (ZUFS): A NAND Flash product that improves efficiency of data management. The product optimizes data transfer between an operating system and storage devices by storing data with similar characteristics in the same zone of the UFS, a flash memory product for various electronic devices such as digital camera and mobile phone.

5Accelerator-in-Memory based Accelerator (AiMX): SK hynix's accelerator card product that specializes in large language models using GDDR6-AiM chips

In particular, CMM-Ax is an groundbreaking product that adds computational functionality to CXL's advantage of expanding high-capacity memory, contributing to improving performance and energy efficiency of the next-generation server platforms6.

6Platform: Refers to a computing system that integrates both hardware and software technologies. It includes all key components necessary for computing, such as the CPU and memory.

"The changes in the world triggered by AI are expected to accelerate further this year, and SK hynix will produce 6th generation HBM (HBM4) in the second half of this year to lead the customized HBM market to meet the diverse needs of customers," said Kwak Noh-Jung, CEO at SK hynix. "We will continue to do our best to present new possibilities in the AI era through technological innovation and provide irreplaceable value to our customers."

About SK hynix Inc.

SK hynix Inc., headquartered in Korea, is the world's top-tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash"), and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com.

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

SK hynix to Unveil 'Full Stack AI Memory Provider' Vision at CES 2025

SK hynix to Unveil 'Full Stack AI Memory Provider' Vision at CES 2025

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