JOHOR BAHRU, Malaysia, Nov. 7, 2024 /PRNewswire/ -- Peikko Group, a leading global supplier of concrete connections and composite structures, celebrated the one-year anniversary of its Malaysian factory, reaffirming its commitment to support the country's green development goals and align itself with the nation's Green Technology Master Plan (GTMP), which is a crucial part of the Transformasi Nasional 2050 (TN50) initiative, which aims to make Malaysia a top country in the world for economic development, innovation, and citizen well-being by 2050.
Beyond Malaysia, the state-of-the-art facility in Johor Bahru, Southern Malaysia serves as Peikko's manufacturing and distribution hub for the ASEAN region. This strategic and popular location for economic trade and global shipping networks enables the company to also efficiently deliver sustainable construction solutions to key markets such as Singapore and Australia, with future plans to expand into other Southeast Asian countries.
The factory leverages advanced precast concrete technology, a construction method known for low carbon footprint, which significantly helps developers minimise waste, reduce construction times and create buildings that are in line with Malaysia's sustainability goals of achieving low-carbon development, resource efficiency, and sustainable urban development, as outlined in the Twelfth Malaysia Plan (2021-2025).
Through our innovative solutions, for example, in a recent project, we achieved a remarkable feat: installing a single column in just 20 minutes, including 7 minutes for quality checks and final tightening. This demonstrates a significant advancement in precast concrete technology and how it can reduce construction time and labour costs compared to traditional methods. Given that Malaysia and the neighbouring countries are developing economies with visionary NetZero 2050 Masterplans, our factory in Malaysia is poised to serve the right construction needs to cater the urban planning and development demands of the industry for decades to come.," said Triaskin Dmytro, Managing Director of Peikko Southeast Asia.
"Moreover, with countries putting more emphasis on climate transition across various industries in local, regional and global levels, we believe, by utilising our advanced precast concrete technology, we can together minimise environmental impact and accelerate the sustainable urban development transition in Malaysia and around the region," added Dmytro.
"I have recently started as the Ambassador of Finland to Malaysia, and I have just concluded my first visit outside Kuala Lumpur to the very dynamic Johor Bahru. This has been a great opportunity to see some Finnish companies active in the region. One of them is Peikko, an outstanding and renowned global supplier of concrete connections and composite structures. The company, which has only been in the region for one year, is already planning for next steps and extensions. The new dynamic of Johor Bahru, in close cooperation with neighbouring Singapore, presents many new opportunities for innovative companies. Hopefully, there will be many more to follow the lead of Peikko and other Finnish companies already present in the area," said Anne Vasara, Finland's Ambassador to Malaysia, during her recent visit to Peikko's factory on November 5th.
"This visit has been eye-opening, showcasing Johor's rapid development and the thriving Singapore-Johor joint development areas like Nusajaya. It is great to see MFBC member companies, such as Peikko, progressing in Johor. This success motivates us to further promote Johor and Malaysia to Finnish businesses," added Jari Silventoinen - Chairman, Malaysian-Finnish Business Council.
As Malaysia continues its journey towards becoming a regional leader in sustainable development, Peikko's innovative solutions offer a faster, safer, and more sustainable way to design and build. The company's one-year anniversary in Malaysia marks a significant milestone in this journey. Additionally, 2025 will also mark the 60th anniversary of the Peikko Group, contributing to an environmentally friendly future for Malaysia and the Southeast Asian region.
About Peikko Group
Peikko Group Corporation is a leading global supplier of slim floor structures, wind energy applications, and connection technology for precast and cast-in-situ construction. Peikko's innovative solutions offer a faster, safer, and more sustainable way to design and build. Peikko has sales offices in over 30 countries, including Asia-Pacific, Europe, Africa, the Middle East, and North America, with manufacturing operations in 12 countries. Peikko generated a turnover of EUR 314 million in 2022. Peikko is a family-owned and managed company that employs over 2,000 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: www.peikko.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Peikko Celebrates One Year Of Supporting Malaysia's Green Development With Eco-Friendly Construction Solutions
- 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
