Staggering Surge! AI and IoT Drive 2025 Semiconductor Boom. The global semiconductor sector is on the brink of extraordinary growth as we enter 2025, with emerging technologies like artificial intelligence and the Internet of Things propelling demand for cutting-edge semiconductor solutions. As investors hunt for lucrative opportunities in this evolving market, here is a concise view of the promising semiconductor stocks poised for gains. 2025: A Landmark Year for Semiconductor Growth Anticipated to reach a colossal $640 billion by 2025, the semiconductor market is surging by 10% over the previous year. The vigorous upswing is largely fueled by the booming AI chip segment, which is projected to expand by 35% annually, hitting a $120 billion valuation. The sector has adeptly overcome supply chain challenges, with production facilities in the U.S. and Europe operating efficiently, thanks to investments by giants like TSMC and Samsung. The impact of the CHIPS Act is becoming increasingly evident, injecting $39 billion into the domestic market. Spotlight on Leading Semiconductor Stocks Nvidia (NVDA) remains at the forefront, transforming its graphics legacy into AI and data center domination with their GPUs essential for AI training. Nvidia continues to see impressive revenue growth, fueled by substantial R&D investments and dominant market presence. Advanced Micro Devices (AMD) has strengthened its foothold with the MI300 AI accelerators and EPYC processors capturing the data center spotlight. AMD’s strategic expansions assure continued growth through innovative AI solutions. Broadcom (AVGO), following its VMware acquisition, emerges as a tech leader, leveraging AI infrastructure for networking and storage breakthroughs. With strong revenue trajectories and strategic AI investments, it offers both growth and income potential. Taiwan Semiconductor Manufacturing Company (TSM) upholds its status as a crucial chip manufacturer, bravely navigating geopolitical challenges and securing its 3nm technology’s place in market leadership. As the industry edges toward unprecedented advancement, these standout stocks offer appealing opportunities for savvy investors in 2025. The Semiconductor Industry’s Bright Future: Unveiling Growth, Innovations, and Market Leaders The semiconductor industry is set for a remarkable expansion driven by emerging technologies such as artificial intelligence (AI) and the Internet of Things (IoT). As we approach 2025, this sector is poised for substantial growth, with significant contributions from top semiconductor stocks and strategic developments paving the way. Growth Projections and Market Viability By 2025, the semiconductor market is expected to reach an impressive $640 billion, reflecting a 10% increase from the previous year. This growth is largely fueled by the AI chip segment, which is predicted to grow by an impressive 35% annually, reaching a $120 billion valuation. The swelling demand for more efficient and advanced chips is attributable to the expanded applications of AI and IoT across various industries. Overcoming Challenges with Innovation The semiconductor industry has adeptly surmounted previous supply chain issues, thanks to strategic investments and cooperation among global leaders. Companies like TSMC and Samsung have significantly bolstered their production capabilities in the United States and Europe. The influence of the CHIPS Act, with its $39 billion infusion into the domestic semiconductor market, is creating robust manufacturing infrastructures and innovation hubs. Key Players Driving Semiconductor Success – Nvidia (NVDA): Dominating the AI and data center sectors, Nvidia leverages its robust GPU portfolio to maintain a leading edge in AI training technologies. They continue to experience significant revenue acceleration driven by their strategic focus on research and development. – Advanced Micro Devices (AMD): AMD is making waves with its MI300 AI accelerators and EPYC processors, which are pivotal in the data center industry. With a strong presence in AI solutions, AMD’s growth trajectory is anchored by its commitment to cutting-edge technological advancements. – Broadcom (AVGO): Bolstered by its acquisition of VMware, Broadcom stands as a leader in leveraging AI for networking and storage solutions. With a strong focus on strategic investments in AI infrastructure, Broadcom offers both growth and income potential for its investors. – Taiwan Semiconductor Manufacturing Company (TSM): As a critical player in chip manufacturing, TSM continues to lead with its 3nm technology. Despite geopolitical challenges, TSM’s innovations in semiconductor manufacturing solidify its market leadership. Market Insights and Strategic Considerations Investors with an eye towards the future will find the semiconductor industry to be a fertile ground for opportunity. The demand for semiconductors, driven by AI and IoT advancements, is likely to continue, suggesting a vibrant future for key players in this space. The industry’s response to supply chain disruptions demonstrates resilience and adaptability, reinforcing the sector’s appeal for long-term investment. For further information, explore these URLs: – Nvidia – AMD – Broadcom – Taiwan Semiconductor Manufacturing Company The semiconductor sector’s strong position is underscored by its commitment to innovation, sustainable growth, and its ability to navigate complex challenges, establishing it as a promising arena for future investment.MITCHEL FIELD, N.Y., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Frequency Electronics, Inc. (“FEI” or the “Company”) (NASDAQ-FEIM) is reporting revenues for the three and six months ended October 31, 2024, of approximately $15.8 million and $30.9 million, respectively, compared to revenues of $13.6 million and $26.0 million, for the same period of fiscal year 2024, ended October 31, 2023. Operating income for the three and six months ended October 31, 2024 was $2.6 million and $5.0 million, respectively, compared to operating income of $0.9 million and $3.0 million for the same period of fiscal year 2024. Net Income from operations for the three and six months ended October 31, 2024 was $2.7 million or $0.28 per diluted share and $5.1 million or $0.53 per diluted share, respectively, compared to a net income from operations for the three and six months ended October 31, 2023 of $0.8 million or $0.08 per diluted share and $2.9 million or $0.30 per diluted share, respectively. FEI President and CEO, Tom McClelland commented, “By all financial metrics the second quarter of fiscal year 2025 performance was excellent. For both the quarter and year to date, revenue, gross margin, and operating income have grown substantially. The backlog is also holding strong; at $81 million (an all-time high) compared to $70 million at the end of the first quarter, and $78 million at the end of last fiscal year. The results reflect continued solid growth in our core businesses, which show every indication of continuing. We are well into the execution phase of several key programs won over the last two years, and our gross margins (48% for the quarter, and 46% for the first half of FY2025) reflect our successful efforts to obtain work, and deliver it successfully. Our ability to perform at high operational standards on our heritage satellite programs allows us to pursue new developments (especially for proliferated small satellites), which at least initially may be at lower margins. As we have been successful obtaining a mix of heritage and new development work, we anticipate continued profitability going forward, though the mix in any given quarter could potentially cause variability. Nonetheless, we believe that the operational improvements we have made over the past few years will allow us to generally achieve higher, more consistent margins than we have experienced in the past. “In October, FEI hosted a 'Quantum Sensor Summit' in New York City, a technical conference bringing together experts from around the world to share insights and expectations regarding this rapidly developing area of technology. This event was well attended, and we have obtained a lot of positive feedback from it. Quantum sensors is a rapidly developing market, one which FEI is well positioned to participate in based on our existing expertise, and one which we are actively pursuing as an avenue to continued growth well into the future. To support this effort we pursue external development funding where possible, but are also using internal R&D funding as necessary. This year internal R&D expenditures are up significantly (10% of revenue) as we work to stay competitive in this arena, but we remain debt-free and are confident in our ability to invest for profitable growth, reward our employees for serving our customers and maintain flexibility for shareholder-oriented initiatives, such as the two special dividends we have paid over the past two years. “All and all, I am happy with our performance, excited about our future, and proud to lead a workforce of talented and very dedicated individuals who are the real reason behind our success.” Fiscal Year 2024 Selected Financial Metrics and Other Items Investor Conference Call As previously announced, the Company will hold a conference call to discuss these results on Tuesday, December 10, 2024, at 4:30 PM Eastern Time. Investors and analysts may access the call by dialing 1-888-506-0062. International callers may dial 1-973-528-0011. Callers should provide participant access code: 685880 or ask for the Frequency Electronics conference call. The archived call may be accessed by calling 1-877-481-4010 (domestic), or 1-919-882-2331 (international), for one week following the call (replay passcode: 51761). Subsequent to that, the call can be accessed via a link available on the Company’s website through March 10, 2025. About Frequency Electronics Frequency Electronics, Inc. (FEI) is a world leader in the design, development and manufacture of high precision timing, frequency generation and RF control products for space and terrestrial applications. FEI’s products are used in satellite payloads and in other commercial, government and military systems including C4ISR and electronic warfare, missiles, UAVs, aircraft, GPS, secure communications, energy exploration and wireline and wireless networks. FEI-Zyfer provides GPS and secure timing capabilities for critical military and commercial applications; FEI-Elcom Tech provides Electronic Warfare (“EW”) sub-systems and state-of-the-art RF and microwave products. FEI has received over 100 awards of excellence for achievements in providing high performance electronic assemblies for over 150 space and DOD programs. The Company invests significant resources in research and development to expand its capabilities and markets. www.frequencyelectronics.com FEI’s Mission Statement: “Our mission is to transform discoveries and demonstrations made in research laboratories into practical, real-world products. We are proud of a legacy which has delivered precision time and frequency generation products, for space and other world-changing applications that are unavailable from any other source. We aim to continue that legacy while adapting our products and expertise to the needs of the future. With a relentless emphasis on excellence in everything we do, we aim, in these ways, to create value for our customers, employees, and stockholders.” Forward-Looking Statements The statements in this press release regarding future earnings and operations and other statements relating to the future constitute “forward-looking” statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, our inability to integrate operations and personnel, actions by significant customers or competitors, general domestic and international economic conditions, reliance on key customers, continued acceptance of the Company’s products in the marketplace, competitive factors, new products and technological changes, product prices and raw material costs, dependence upon third-party vendors, other supply chain related issues, increasing costs for materials, operating related expenses, competitive developments, changes in manufacturing and transportation costs, the availability of capital, the outcome of any litigation and arbitration proceedings, and failure to maintain an effective system of internal controls over financial reporting. The factors listed above are not exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the Securities and Exchange Commission. The Company’s Annual Report on Form 10-K for the fiscal year ended April 30, 2024, filed on August 2, 2024 with the Securities and Exchange Commission includes additional factors that could materially and adversely impact the Company’s business, financial condition and results of operations, as such factors are updated from time to time in our periodic filings with the Securities and Exchange Commission, which are accessible on the Securities and Exchange Commission’s website at www.sec.gov . Moreover, the Company operates in a very competitive and rapidly changing environment. New factors emerge from time to time and it is not possible for management to predict the impact of all these factors on the Company’s business, financial condition or results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Given these risks and uncertainties, investors should not rely on forward-looking statements as a prediction of actual results. Any or all of the forward-looking statements contained in this press release and any other public statement made by the Company or its management may turn out to be incorrect. The Company expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.China Mocks America as ‘Breeding Ground for Delusion’ over NJ Drones
The blue blur returns — and explores. Few video game characters are as well-known as Sonic, the notoriously smart-mouthed chili dog-eating hedgehog. Sonic has been around for decades, and in that time his games have been a lot of things — side-scrollers, pinball games, kart racers, fighting games, and more. You’d think the blue blur had done everything by this point, but in 2022 the series managed to break new ground yet again, by going entirely open world. Sonic Frontiers is a fascinating Sonic experience, one with some clear flaws that still manages to set itself apart from the flood of open world games out there. Its sense of speed and almost zen-like exploration is more than worth the price of entry for any fan, and luckily if you’re a PlayStation Plus member , that price is now zero. If you need some Sonic to scratch the itch after watching Sonic the Hedgehog 3 , you can’t go wrong with Frontiers . Frontiers is essentially a self-contained game, one separated from almost all of the other story lines and settings. The exception, of course, is that the game assumes you have some familiarity with characters like Tails, Robotnik, Knuckles, and Amy Rose. There are some references to past games and events, but you’ll be mostly fine going in blind. An open world that manages to set itself apart from the flood of open world games out there is a feat in itself. At the beginning of Frontiers , Doctor Eggman travels to the mysterious Starfall Islands to steal ancient technology, once again trying to hatch one of his ludicrous plots. He uploads an artificial intelligence named Sage into a portal on the island, and inadvertently wakes up its defense system and gets drawn into another dimension called Cyber Space. As Sonic and his friends investigate they start to see visions about the Ancients, an extraterrestrial race that lives on the island and was destroyed by an entity simply known as “The End.” The storytelling in Sonic games isn’t usually incredibly complex, but Frontiers opts for a different approach by looping its narrative into exploration and leaving a lot of things cryptic and up for interpretation. Playing as Sonic, you essentially explore a sequence of islands, with each one growing more complex in the way its puzzles and open areas work. The islands are littered with ancient ruins and structures that act as both platforming challenges and puzzles, along with plenty of enemies to fight. An upgrade system even lets you pump up Sonic’s speed, attack, defense, ring capacity, and boost. Little wrinkles and gimmicks in later islands keep things interesting, as well as new skills Sonic unlocks. Frontiers has so many little puzzles and places to explore, that it’s easy to get “into the zone.” Frontier’s open world is, bizarrely, most comparable to Breath of the Wild — in the way that it hyper-focuses on exploration and discovery. This isn’t an experience that guides you by hand but rather wants you to poke around the islands on your own, find little puzzles to solve, creatures to save, and a boatload of secrets. The world isn’t as well put-together as Breath of the Wild , and the gameplay itself, particularly Sonic’s movement, can feel janky, imprecise, and rough around the edges. But what’s remarkable about Frontiers is the kind of calming effect playing it has. The world almost reminds you of one of those weird ‘90s animation concepts meant to showcase the power of CG — a dreamlike place that doesn’t obey the laws of reality. There’s no pressure to do anything in a timely manner in Frontiers , and simply running around the world spin-dashing and grinding on rails is delightful. It just feels good to exist in this world. Frontier’s bombastic boss battles are a sight to behold. The extra wrinkle here, however, is how that quiet reverie is occasionally, intentionally, broken by the game’s over-the-top boss battles. Each boss has you transforming into Super Sonic and engaging in what is essentially a Dragon Ball Z fight, filled with explosive moves and crazy combos. Sonic Frontiers is a fascinating game, with contemplative quiet spoiled abruptly with in-your-face action. It’s experimental and drastically different from anything Sonic has seen before, but that’s another part of its charm. While we wait to see what Sonic’s future looks like, Frontiers might just give you a little glimpse. Video Games PlayStation XboxMulti-Billion Opportunities Predicted: The Skincare Market to Hit $220.75 Billion by 2029 - Arizton 11-22-2024 10:14 PM CET | Associations & Organizations Press release from: ABNewswire Skincare Market Research Report by Arizton According to Arizton's latest research report, the global skincare market [ https://www.arizton.com/market-reports/skincare-market ] is growing at a CAGR of 6.08% during 2023-2029. Looking for More Information? Click: [ https://www.arizton.com/market-reports/skincare-market ] Report Scope: Market Size (2029): $220.75 Billion Market Size (2023): $154.88 Billion CAGR (2023-2029):6.08% Historic Year: 2020-2022 Base Year: 2023 Forecast Year: 2024-2029 Market Segmentation: Product, Care Products, Packaging, Category, Distribution Channel, and Geography Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa The skincare market is highly competitive, featuring a diverse range of players from multinational corporations to emerging niche brands. Major global companies like L'Oreal, Estee Lauder, Procter & Gamble, and Unilever dominate the market with their established portfolios, such as Lancome, Clinique, and Olay. These companies leverage significant resources for R&D, marketing, and distribution, ensuring their products remain visible and desirable worldwide. In contrast, niche brands like Himalaya Wellness and Honsa Consumer focus on specialized products, using direct-to-consumer models and social media to build strong connections with consumers. Regulatory compliance, particularly around product safety and transparency, plays a critical role in maintaining consumer trust. Furthermore, sustainability has become a key factor, with consumers increasingly demanding eco-friendly practices. The market's growth is also fueled by the expanding middle class in regions like APAC, offering significant opportunities for both global and local players to tap into evolving consumer preferences and trends. Skincare Market Distribution: Offline Dominates, Online Channels Show Rapid Growth In 2023, the offline segment held a revenue share of 68.98%. Consumers appreciate the ability to test and sample products before purchasing, along with personalized consultations and immediate product availability. In-store experiences, such as store aesthetics, exclusive offers, and professional advice, further enhance the appeal of offline shopping. Local market trends also influence the success of skincare products in physical retail environments. Meanwhile, the online segment accounted for 31.02% of revenue in 2023. The convenience of shopping from home, combined with increased product visibility through digital platforms and social media, drives the shift toward online channels. Online reviews, influencer endorsements, and enhanced delivery services, along with personalized shopping experiences like virtual consultations and customized recommendations, are contributing to the growing demand for skincare products online. Top 3 Segments Booming the Skincare Market Growth of Mass Skincare Products Driving Sales The growing demand for mass skincare products is driven by shifting consumer preferences, economic factors, and advances in product formulation. Companies are increasingly targeting Gen Z and millennials, leveraging their purchasing power and aligning products with their values. Affordable drugstore brands like CeraVe and Cetaphil offer dermatologist-approved formulas, proving that price doesn't always equate to effectiveness. Sustainability, ethical practices, and eco-friendly packaging are key considerations for consumers. Emerging economies like Brazil and India, with rising middle classes, present significant opportunities for mass skincare brands. This market segment is evolving to offer accessible, affordable, and effective solutions. Rising Popularity of Eco-Friendly Squeeze Tubes in Skincare The increasing demand for squeeze tubes in the skincare market highlights their convenience, versatility, and sustainability. Tubes efficiently dispense a variety of products and are favored for daily use, travel, and their eco-friendly designs. Beauty brands are embracing recyclable and biodegradable materials, with innovations such as airless pumps and multi-layer designs enhancing product protection. Aluminum tubes are gaining traction in luxury skincare, with brands like Chanel opting for eco-conscious, recycled aluminum. Additionally, companies like GPI Beauty and L'Occitane are leading the sustainable packaging trend, aligning product aesthetics with environmental responsibility. Skincare Market Sees Surge in Cream Product Demand The skincare market offers a wide array of creams tailored to different skin needs, including face creams, anti-aging creams, night creams, BB/CC creams, eye creams, and more. Brands like Honasa Consumer Limited and Unilever provide products with unique benefits such as hydration, anti-aging, and dark spot reduction. Innovations in sunscreen, hand, and foot creams address sun protection and skin health. Multi-functional BB and CC creams combine skincare and makeup benefits. With increasing demand for specialized solutions, the skincare industry is evolving to meet diverse consumer needs, promoting healthy, radiant skin across all age groups. APAC Leads Global Skincare Market Driven by Innovation, E-Commerce, and Cultural Preferences APAC dominates the global skincare market, fueled by a large consumer base, cultural focus on beauty, and rapid economic growth. Korean beauty continues to lead, with brands like Innisfree and Laneige gaining consumer trust for their innovative and natural products. Singapore's pharmacy chains, holding 80% market share, are expanding their beauty portfolios to address local skincare needs, driving innovation. The rise of e-commerce further accelerates growth, offering a broad range of products and empowering informed purchasing. Additionally, cultural traditions of beauty and grooming, combined with advancements in digital advertising like L'Oreal Thailand's CGI-led campaign, continue to shape the region's skincare demand. Key Developments in the Global Skincare Market * In August 2024, Lakme launched a new suncare range featuring the ultra-light Lakme Sun Expert 1% Hyaluronic Complex Aqua Sun Gel and the Invisible SPF 50 Sunscreen Stick. Their Sun Tinted Spray and 1% Nia-C Complex Aqua Sun Gel combine sun protection with skincare benefits, including niacinamide and vitamin C, for added radiance. * On May 31, 2024, Estee Lauder acquired Deciem Beauty Group Inc., enhancing its stake to full ownership. DECIEM, known for its brands like The Ordinary and NIOD, is a Toronto-based beauty company focusing on consumer-centric and science-driven skincare. * L'Oreal is committed to improving skin care by developing innovative solutions and enhancing awareness. Their Spotscan by La Roche-Posay uses artificial intelligence to offer personalized diagnoses and routines for acne-prone skin. Looking for More Information? Click: https://www.arizton.com/market-reports/skincare-market Key Company Profiles * Beiersdorf * Estee Lauder Companies * L'Oreal * LVMH * Procter & Gamble * Shiseido Company, Limited * Unilever * AFFOREST Green Beauty * AFRICAN BOTANICS * AMOREPACIFIC * AURELIUS * Bee Rx * Biotique * Body Cupid * BYROE * CAUDALIE * Chanel * Colgate-Palmolive Company * Consonant Skin+Care * COSMETIZE B.V. * Coty * Eclat Official * Embryolisse * Emma Hardie * FOREO * Groupe Clarins * Himalaya Wellness Company * Honasa Consumer Ltd * Huda Beauty * Innovist * Jahwa * Johnson & Johnson * Kao Corporation * Khadi Natural Healthcare * L'OCCITANE Group * LAMIOR * Lumene * Mary Kay * mCaffeine * Nairobi * NAOS * Natura &Co * NecessaryGood * Officina Profumo Farmaceutica di Santa Maria Novella * Oriflame Cosmetics Global SA * Pai Skincare * PAPATUI * PROVEN * Puig * Sisley Paris * Sofina * SUGAR Cosmetics * The Good Glamm Group * THG PLC * True Botanicals * TYMK HEALTH & WELLNESS PRIVATE LIMITED * Wardah Market Segmentation Product * Cream * Lotion * Powder * Sprays * Others Care Products * Facial Care * Body Care * Lip and Eye Care Packaging * Tubes * Bottles * Jars * Others Category * Mass * Luxury Distribution Channel * Offline * Online Geography APAC * China * Japan * South Korea * India * Indonesia * Australia * Philippines Europe * Germany * France * Italy * The U.K. * Spain * Poland * Switzerland North America * The U.S. * Canada Latin America * Brazil * Mexico * Argentina Middle East & Africa * The UAE * Saudi Arabia * South Africa The Arizton Advisory & Intelligence market research report provides valuable market insights for industry stakeholders, investors, researchers, consultants, and business strategists aiming to gain a thorough understanding of the skincare market. Request for Free Sample to get a glance of the report now: [ https://www.arizton.com/market-reports/skincare-market ] What Key Findings Our Research Analysis Reveals? How big is the skincare market? What is the growth rate of the global skincare market? Which region dominates the global skincare market share? What are the significant trends in the skincare market? Who are the market leaders in the global skincare market? What are the market segment for skincare market? Which is the largest skincare market in the world? Looking for Customization According to Your Business Requirement? https://www.arizton.com/customize-report/4536 Other Related Reports that Might be of Your Business Requirement Color Cosmetics Market - Global Outlook & Forecast 2024-2029 [ https://www.arizton.com/market-reports/color-cosmetics-market ] Global Luxury Fashion Market - Focused Insights 2024-2029 [ https://www.arizton.com/market-reports/luxury-fashion-market-size ] Why Arizton? 100%Customer Satisfaction 24x7availability - we are always there when you need us 200+Fortune 500 Companies trust Arizton's report 80%of our reports are exclusive and first in the industry 100%more data and analysis 1500+reports published till date Post-Purchase Benefit * 1hr of free analyst discussion * 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. Media Contact Company Name: Arizton Advisory & Intelligence Contact Person: Jessica Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=multibillion-opportunities-predicted-the-skincare-market-to-hit-22075-billion-by-2029-arizton ] Phone: +1 3122332770 Country: United States Website: https://www.arizton.com/market-reports/skincare-market This release was published on openPR.South Korean entrepreneurs have expressed an interest in investing in the new Smart Park Industrial Estate in Rayong, meant to serve targeted industries such as digital technology, says the Industrial Estate Authority of Thailand (IEAT). They indicated their interest at a recent meeting with the authority to discuss their business expansion in Thailand. "The prospective investors are interested in projects that use Thailand as an export base," said Yuthasak Supasorn, chairman of the IEAT board. The IEAT previously announced the construction of Smart Park, which spans 1,383 rai of land in Map Ta Phut in Rayong, was complete. The authority is preparing to open the new industrial estate and conduct a feasibility study on hydrogen fuel to serve investors who want to use clean energy. One South Korean company is conducting a feasibility study on renewable energy to support investment in the electric truck business, said Mr Yuthasak. The firm asked the IEAT to coordinate with the Energy Regulatory Commission on the energy issue. Some other South Korean companies are interested in medical device and solar energy businesses. According to the IEAT, the 12-billion-baht Smart Park focuses on targeted industries, including digital technology, medical devices, robotics, as well as aviation and logistics. The park also supports a campaign to achieve a net-zero target, a balance between greenhouse gas emissions and absorption. The IEAT divided Smart Park into four zones, with an industrial area covering most of the total park area, comprising 621.5 rai. The other zones are commercial, green and an area where infrastructure, including floating solar farms, are built. Smart Park is expected to create 7,459 jobs and generate 1.3 billion baht a year for the economy, according to the authority. The new estate will support the IEAT's investment campaign dubbed "Now Thailand," which is aimed to have investment play a major role in boosting GDP. Authorities set a target to have investment value in the country make up 27% of GDP by 2026, according to media reports.Ancelotti delighted to become Real Madrid's most successful manager
Reality star turned actress Kim Kardashian doesn’t seem to be getting any better at editing her photos. The SKIMS founder’s social media is almost always under some type of scrutiny. She was recently slammed for mocking Catholic prayer with a “wild” rosary lingerie shoot . Just a week before that, she received backlash for the seductive snaps she took with her new $30k Tesla robot . Her critics’ latest comments come after she posted a sneak peek into her latest project . Kim is once again joining one of Ryan Murphy’s drama series. The television personality will be starring in the upcoming Hulu show All’s Fair. The series follows a successful divorce lawyer as she owns an all-female firm in Los Angeles. She will work alongside a star-studded cast that includes Naomi Watts, Sarah Paulson and Teyana Taylor. Along with her mother Kris Jenner , Kim also acts as an executive producer on the series. Considering the show won’t be released until sometime next year, the reality star decided to share a sneak peek into the new drama on her Instagram . Kim posed against a wall wearing a white blazer with a matching lace-up pencil skirt. She completed the look with red accessories including a leather handbag, a pair of fishnet stockings and pointed-toe pumps. Although she seemed eager to bring some attention to the new show, the main thing her fans seemed to be focused on was the mirror behind her. It turns out many picked up on an apparent distortion in the reflective glass. In one of the photos, her backside looked different in the camera than it did in the mirror. Her few critics took to Reddit to point out the photo-editing blunder. DON'T MISS: Kim Kardashian unbothered out with pals after Taylor Swift’s TTPD 'diss track' Kourt Kardashian slams bodyshamer after troll claims she won't like Kim for snap Kylie Jenner 'shuts out' pals as she focuses all on beau Timothee Chalamet One person said: "Mirror, Mirror on the Wall. Oops! She forgot to photoshop the mirror." Another mentioned: "Her a-- is HUGE here and she’s clearly photoshopped thinner, so imagine how big it must really be now...." A third added: “The mirror doesn’t lie." Someone else believed the mistake was intentional. "She didn't forget and we're falling for it. Bad photoshop and rage-bait is all that they have left for attention and headlines,” the person responded.Stock market today: Wall Street ends little changed after giving up a big morning gain
None