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- A + A KUALA LUMPUR (May 24): Logistics and express carrier provider GDEX Bhd posted a net loss of RM1.9 million in the first quarter ended March 31, 2022 (1QFY22), the first time since it was listed in 2005, amid tough competitions at home and higher operating costs. The group reported a 13.16% decline in revenue during the quarter to RM91.89 million, compared with RM105.81 million a year ago, amid lower contributions from its courier services segment. Geographically, Malaysia and Vietnam collectively made up the majority, or 99.6%, of GDEX's revenue, while Singapore contributed the balance 0.4%, according to GDEX. GDEX managing director Teong Teck Lean said in a statement accompanying the results that the group continues to face headwinds in Malaysia due to predatory pricing. "The competitive pricing environment is destructive, with some players offering free delivery service to grow their volume. However, this practice seems to be slowing down and we … [Read more...] about GDEX falls into the red for the first time ever amid stiff competitions in 1QFY22

[JOONGANG PHOTO] AI chips are the key to future semiconductor market dominance for Korean companies, academics and others argue. Despite the country's strong position in memory chips and its growing presence in custom non-memory chips, they say that tomorrow belongs to companies that are best at designing and manufacturing high-performance processors, commonly called AI chips. "Global chip companies are going full throttle on developing AI semiconductors," said Kim Hyung-jun, head of the Post-Silicon Semiconductor Institute under the Korea Institute of Science and Technology. "AI chips will play a crucial role in chip competitiveness in future." AI chips are purposely built to perform very specific calculations as fast as possible. They are distinct from general-purpose processors, which are designed for a wider variety of functions, and are better suited for very specific, predetermined tasks that require impressive calculation capabilities and low energy consumption, such as … [Read more...] about Korea bets tomorrow belongs to AI chip leaders

Share to Twitter Share to Linkedin Judd Apatow, who directed the movie Knocked Up , once called college the reward for surviving high school. That may be true for many. But like eating pumpkin pie while skydiving, such rewards aren’t always easy to take. Evidence suggests that college campuses across the U.S. have been embroiled in an ongoing mental health crisis for a while now. And that’s why Zac Clark, who was a contestant in ABC ’s reality TV show The Bachelorette , recently embarked on his “Keep Going” college tour that kept going from April 25 to April 30. Now these days, it may be tempting for some to blame everything mental health-related on the Covid-19 pandemic and the precautions that have been implemented. However, it’s not as if everything was peaches and creamsicles before 2020. For example, a study published in the Archives of General Psychiatry found that nearly half of college-age individuals interviewed in 2001 to 2002 had had a … [Read more...] about Colleges Facing Mental Health Crisis, Here’s What The Bachelorette’s Zac Clark Is Doing About It