Storage Empowers an Intelligent World: Longsys to Debut Dual-Brand Innovations and PTM Business Model at Electronica 2024 in Munich

SHENZHEN, China, Nov. 7, 2024 /PRNewswire/ -- From November 12-15, 2024, Longsys(301308.SZ), a branded semiconductor memory enterprise, will be unveiling its latest innovations in memory technology at Electronica in Munich. As an innovative memory solution manufacturer that integrates R&D, design, packaging and testing, manufacturing, and sales services, Longsys has been recognized for its exceptional product performance and market leadership, selected for the 2024 Fortune China's Top 50 Tech Companies as the only storage enterprise on the list.

PTM Business Model Makes Overseas Debut

At Electronica, Longsys will introduce its groundbreaking PTM (Product Technology Manufacturing) business model to global customers. PTM is designed to provide high-end, flexible, and efficient full-stack customization services, empowering industries like automotive and industrial to embrace smart transformation and supporting global trends in intelligent development.

FORESEE and Lexar Brands Introduce New Products

Longsys, together with its dual brands—the industrial storage brand FORESEE and the high-end consumer storage brand Lexar—will introduce a range of innovative products at the exhibition, featuring solutions for industrial-grade, automotive-grade, and consumer-grade smart applications. These products are designed to meet the storage needs of diverse global industries advancing in digital transformation.

Germany, as a hub for automotive and industrial sectors, will see specific high-reliability products from FORESEE, including SPI NOR Flash and Grade 2 LPDDR4x for industrial and automotive applications. The FORESEE SPI NOR Flash offers versatile packaging options—WSON8, BGA24, and SO16—to suit varied applications, supporting data widths from x1 to x8 with storage capacities up to 256Mb. Additionally, the Grade 2 LPDDR4x, manufactured with a 1y nm process, offers capacities from 2GB to 8GB and data transfer speeds up to 4266Mbps, ensuring reliable performance across a wide automotive temperature range of -40°C to 105°C. Compared to the previous-generation LPDDR3, this new LPDDR4x improves performance by 128% and reduces power consumption by more than 50%, making it ideal for intelligent automotive systems.

Lexar will also present products like the Lexar® JumpDrive® USB 3.2 Flash Drive and PCIe Gen5 SSD, targeting a broad consumer market in automotive applications. The Lexar® JumpDrive® USB 3.2 Flash Drive, with its compact design and powerful USB 3.2 Gen 1 performance, offers a durable and convenient storage solution for in-car monitoring systems. Available in capacities from 64GB to 256GB, it supports read speeds up to 200MB/s, ensuring smooth video recording. With years of market experience, Lexar's automotive-grade storage solutions, including car USB drives and Micro SD cards, have gained recognition from many leading global new energy vehicle manufacturers and have become standard equipment in some well-known car brands.

With subsidiaries and branches in Europe, the Americas, and Asia, Longsys' global footprint provides efficient local support and services to customers worldwide. This expansive network also sets a strong foundation for implementing the PTM business model internationally.

At Electronica 2024, Longsys will showcase its extensive expertise and continuous innovation in storage technology. Through the PTM business model and a wide range of products from its two brands, Longsys looks forward to exploring new opportunities in industrial and automotive storage applications, contributing to the global transformation toward smarter industries. We warmly invite all attendees to visit our booth to experience the future of intelligent storage innovation firsthand.

About Longsys

Longsys is a globally leading branded semiconductor memory brand founded in 1999. As an innovative memory solution manufacturer that integrates R&D, design, packaging and testing, manufacturing, and sales services, Longsys upholds the corporate vision of "Everything for memory." With memory technology innovation at its core, Longsys provides high-end, flexible, and efficient full-stack customized services to global customers. For more information please visit https://www.longsys.com/, and follow Longsys on LinkedIn, Facebook and Twitter.

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

Storage Empowers an Intelligent World: Longsys to Debut Dual-Brand Innovations and PTM Business Model at Electronica 2024 in Munich

BRUSSELS, Nov. 7, 2024 /PRNewswire/ -- Ten consortia, led by the world's leading battery cell manufacturers, successfully complete the largest pre-competitive effort to establish harmonised battery passports achieving a new milestone towards more transparent and sustainable battery value chains.

The pilots were coordinated by the Global Battery Alliance (GBA), the leading multi-stakeholder platform committed to scaling a responsible and circular battery value chain by 2030. Building on the successful battery passport proof of concept in 2023, the consortia worked with seven digital solution providers to determine provenance and flow of seven materials - lithium, graphite (artificial), aluminium, cobalt, copper, iron phosphate and nickel.

Cell manufacturers representing over 80% of global electric vehicle battery market share mobilised their supply chains from mining companies to refiners, manufacturers and recyclers to participate in the pilots, including: Contemporary Amperex Technology Limited (CATL), CALB Group Co. Ltd, Circularize, Circulor, FinDreams Battery, EVE Energy Co. Ltd, Glassdome, Gotion High-tech Co., Ltd., LG Energy Solution, Li Auto, Minviro, Minespider, Nanjing Fuchuang Intelligent Manufacturing Technology Co., Ltd. Samsung SDI, Shenzhen Dianlian Technology, Shenzhen Precise Testing Technology Co., Ltd., and Sunwoda Electronic Co., Ltd.

Building on existing regulations and voluntary standards, seven rulebooks were developed through a multistakeholder process by the GBA, covering: Greenhouse Gas emissions; Environmental and Human Rights Due Diligence; Forced Labour; Child Labour; Biodiversity; Indigenous Peoples' Rights and Circular Design. The rulebooks define baseline expectations and leading practices to help guide company efforts in addressing risks and sustainability impacts within their supply chains. Participating in the pilot allowed companies to benchmark their preparedness against the due diligence requirements of the EU Batteries Regulation, which will be implemented from 2025.

Over 200 sustainability reports were gathered, and five pilots participated for the first time in independent data verification, marking a major step towards establishing the GBA Battery Passport as a trusted source of sustainability indicators. The GBA also trialled a system to score company efforts with the aim to issue a product level sustainability certification in the future. Leveraging digital product passports for data collection, aggregation, scoring and verification, the GBA Battery Passport provides companies with globally harmonised expectations for reporting, guidance for continuous improvement, and recognises efforts beyond compliance. This allows investment, procurement and purchasing decisions to apply globally comparable metrics on battery value chain sustainability. In the future, the GBA Battery Passports will yield comparable data across 20+ environmental, social and governance categories in a trusted format.

Commenting on the launch, Inga Petersen, Executive Director of the GBA said, "We are thrilled with the results of the 2024 Battery Passport pilots and congratulate all participating organisations for this major achievement. Having the world's leading cell manufacturers mobilize their supply chains, work pre-competitively and report on harmonised sustainability expectations represents an unprecedented commitment to greater transparency and sustainability in the battery industry as captured in the 2030 GBA Vision."

www.globalbattery.org

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

World's largest battery cell manufacturers report against harmonised sustainability performance expectations developed by the Global Battery Alliance