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From Hong Kong to Global: Laservall Drives New Industrialisation and Microelectronics Innovation with HKD 300M Investment

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HKSTP park company Laservall aims to advance high-precision laser technology with AI-driven automation, empowering advanced manufacturing through microelectronics innovation

HONG KONG SAR – Media OutReach Newswire – 31 March 2025 – Laservall today announced a landmark HKD 300 million (USD 38 million) investment plan for the next five years. This strategic commitment focuses on R&D, manufacturing and technology enhancement, and tech talent development in Hong Kong. A key park company of the Hong Kong Science and Technology Parks Corporation (HKSTP), Laservall leverages Hong Kong’s strategic role as the “super-connector” between the Mainland and the global market to expand its investment for further operational advancement, benefiting from the city’s comprehensive innovation and technology (I&T) ecosystem and supportive policies for new industrialisation. Laservall underscores its long-term investment in Hong Kong at an event co-organised with HKSTP, celebrating the significant R&D milestone and marking the company’s expanding global footprint.

Laservall today announced a landmark HKD 300 million (USD 38 million) investment plan for the next five years, celebrating the significant R&D milestone and marking the company’s expanding global footprint at an event co-organised with HKSTP. (From left) Mr. Vincent Lau, COO of Laservall; Ms. Dembai Cho, Co-founder of Laservall; Mr. Jeffrey Chan, CFO of Laservall; Mr. Andrew Kim, CEO of Laservall; Mr. James Kang, Chairman of Laservall; Ms. Jaeyon Lee, Consul (Commerce), Consulate General of the Republic of Korea in Hong Kong; Professor Sun Dong, Secretary for Innovation, Technology, and Industry; Ms. Lillian Cheong, Under Secretary for Innovation, Technology and Industry; Mr. Albert Wong, Chief Executive Officer of HKSTP; Mr. Oscar Wong, Head of Innofacturing of HKSTP; Ms Hilda Chan, Chief Marketing Officer of HKSTP, and Dr. Carmen Fung, Associate Director, Advanced Manufacturing and Microelectronics of HKSTP.

The company is at the forefront of driving advanced manufacturing and microelectronics innovation, and is the exclusive provider for some leading global brands. Laservall specialises in micro laser jet soldering, cutting, and marking equipment for smartphone and EV camera modules. Its high-precision solutions and automation systems serve major global clients, including Samsung, LG, Tesla, BYD, and leading manufacturers such as Foxconn, Sunny Optical, Luxshare, and OFILM.

Professor Sun Dong, Secretary for Innovation, Technology and Industry, said, “Laservall announces its plan of investing HKD 300 million over the next five years and doubling the size of its R&D team by 2026, and extending their R&D team eventually by sixfold by 2028. This not only reflects the company’s commitment to innovation but also its unwavering confidence in Hong Kong’s I&T industry. Its expansion at the Science Park is a perfect example of how it is leveraging Hong Kong’s unique role as a ‘super-connector’ and a ‘super value-adder’ to strengthen its presence in the global market.” He expressed confidence that more local companies, like Laservall, will step onto the global I&T stage and demonstrate the remarkable outcomes of Hong Kong’s R&D capabilities to the world in the near future.

Albert Wong, CEO of HKSTP, remarked: “Laservall’s investment and growth exemplify the robust foundation Hong Kong provides for cutting-edge innovation. As the global leader in advanced manufacturing, the company’s continued commitment to R&D and its expansion in Hong Kong further solidify our city as a powerhouse for microelectronics and advanced manufacturing. This milestone is not just a win for Laservall but a significant boost to strengthening our global standing in shaping the future of new industrialisation.”

Laservall: A Key Catalyst of New Industrialisation at the Heart of the HKSTP I&T Powerhouse

The Hong Kong Special Administrative Region (HKSAR) Government is committed to advancing new industrialisation in Hong Kong with an industry-oriented approach to drive diversified economic growth. Comprehensive support is proactively provided to accelerate the development of strategic industries through initiatives such as the “New Industrialisation Acceleration Scheme” (NIAS), “New Industrialisation Funding Scheme” (NIFS), and the upcoming “Pilot Manufacturing and Production Line Upgrade Support Scheme (Manufacturing+)”.

The HKSAR Government is actively connecting high-potential local and overseas companies to seize the promising opportunities of new industralisation in Hong Kong. In August 2024, a delegation from the HKSAR Government visited Laservall’s Smart R&D and Manufacturing Centre in Korea. The visit aimed to introduce various support measures to Laservall and strengthen collaboration on I&T between Hong Kong and Korea in strategic industries, including life and health technology, artificial intelligence and data science, advanced manufacturing, and new energy technology.

James Kang, Chairman of Laservall, said: “Laservall is proud to be a park company of HKSTP. We are a technology-focused company with significant R&D investment to tailor innovations for our clients globally. This investment will drive advancements in AI-driven automation, real-time troubleshooting, and efficiency improvements.” The company also aims to double its global R&D workforce by 2026 and expand it sixfold by 2028, reinforcing Hong Kong as its global R&D headquarters, with potential plan to set up an advanced production base in the city.”

Andrew Kim, CEO of Laservall, said, “The trend of utilising high-precision laser technology for camera modules is essential and rapidly gaining momentum across various industries. Hong Kong offers direct access to the vast Mainland market and international connectivity, supported by a robust I&T ecosystem, as well as favourable policies and measures for new industrialisation from the HKSAR Government and HKSTP. This gives us the confidence to expand our investments in the city, positioning us as pioneers of innovation for the next global success.”

A New Chapter for Microelectronics Innovation from Hong Kong

In March 2024, Laservall established an R&D centre at Science Park, focusing on customising its solutions for industries beyond mobile phone manufacturing, including the automotive and solar energy sectors. The integration of AI into manufacturing automation, combined with its commitment to advancing the microelectronics ecosystem, aligns seamlessly with HKSTP’s mission to accelerate industry transformation and drive cutting-edge technological advancements.

With 270 microelectronics-related companies within its ecosystem, HKSTP is at the forefront of microelectronics development, offering extensive infrastructure that supports the entire product lifecycle. This includes the Microelectronics Centre (MEC) at Yuen Long InnoPark, along with specialised facilities such as the Hardware Lab, Sensor Lab, and Heterogeneous Integration Lab.

Hashtag: #HKSTP

The issuer is solely responsible for the content of this announcement.

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 as a thriving I&T ecosystem grooming 14 unicorns, more than 15,000 research professionals and over 2,200 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

The growing engine offers comprehensive support including R&D infrastructure, investment expertise, industry connections and more, in attracting and nurturing talent, accelerating ideation, and commercialising innovation for technology ventures, all with the I&T journey built around key locations across Hong Kong and branched towards Shenzhen to continuously contribute to the development of I&T making a pillar of growth for Hong Kong.

More information about HKSTP is available at .

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PTT Oil and Retail Business Posts Record Q1 2025 Profit, Extends Regional Growth with ESG-Led Expansion

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BANGKOK, THAILAND – Media OutReach Newswire – 8 July 2025 – PTT Oil and Retail Business Public Company Limited (OR), the retail and lifestyle arm of Thailand’s PTT Group, reported record earnings for the first quarter of 2025, signaling strong momentum from its cross-border expansion and ESG-driven strategy across energy and lifestyle verticals.

M.L. Peekthong Thongyai, CEO of OR, presents Q1/2025 results and strategic vision for regional and sustainable growth.

The company posted THB 182.4 billion in revenue for the quarter, with net profit rising to THB 4.38 billion—a 46% increase from the previous quarter and 17.6% higher year-on-year. EBITDA climbed to THB 6.48 billion, up 32.7% quarter-on-quarter and 5.0% year-on-year, driven by gains in its Global and Lifestyle businesses alongside cost discipline and margin improvements in key segments.

Higher gross profit per liter and operational efficiency, particularly in Laos, the Philippines, and Cambodia, helped lift EBITDA by THB 311 million compared to the same period last year. Consumer resilience and sharper cost control also buoyed margins in OR’s Lifestyle segment. While Mobility margins were pressured by softer spreads—especially in aviation fuel—overall performance held firm on reduced personnel and outsourcing costs.

Equity investment gains added THB 657 million, contributing to the bottom line and further affirming the group’s diversified growth engine.

“This quarter’s performance reflects the resilience of our business model and the clarity of our long-term direction,” said M.L. Peekthong Thongyai, Chief Executive Officer of OR. “We are expanding with purpose—delivering value for people, prosperity for communities, and care for the planet.”

At the center of that strategy is OR’s People-Performance-Planet framework, which underpins its approach to investment, innovation, and regional growth.

The expansion of EV Station PluZ, now present in all 77 provinces of Thailand, underscores the company’s commitment to clean mobility. At the same time, OR’s signature brand Café Amazon continues to scale across Southeast Asia, with 391 outlets outside Thailand and over 112 million cups sold in Q1 alone.

OR’s Global Business segment reported a 30.8% year-on-year increase in sales volume, with EBITDA rising 81.5%. The company now operates 415 PTT Stations and 391 Café Amazon outlets across Asia, including Cambodia, Laos, Philippines, Vietnam, Malaysia, Oman, Saudi Arabia, Bahrain, and Japan

“This isn’t just about selling fuel or coffee,” Peekthong said. “It’s about building platforms that empower local economies, foster entrepreneurship, and deliver long-term, sustainable growth.”

The strategy echoes OR’s “They Grow, We Grow” philosophy, which emphasizes empowering local partners as the foundation of international expansion.

Outside the energy sphere, OR continues to sharpen its lifestyle and digital businesses. Non-oil operations contributed 27.5% of Q1 EBITDA, led by strong performance in retail, food & beverage, and franchising. The company is also investing in circular economy models, digital platforms, and sustainable products to reinforce long-term value creation.

Looking ahead, OR is positioning for entry into the virtual banking sector, leveraging its wide-reaching commercial network and extensive customer database to offer personalized, accessible financial services. The move is seen as a natural extension of its strategy to become a daily-life platform for consumers.

The company’s financial health remains solid. TRIS Rating reaffirmed OR’s corporate credit rating at AA+ with a stable outlook for the third consecutive year, reflecting both financial discipline and strategic continuity.

Armed with that momentum, OR is pushing deeper into ASEAN and new frontier markets through a blend of organic expansion, joint ventures, and strategic alliances. The ambition to transform from a national champion into a future-ready regional enterprise at the nexus of energy, retail, and sustainability.
Hashtag: #OR

The issuer is solely responsible for the content of this announcement.

About OR

PTT Oil and Retail Business Public Company Limited (OR) is a leading Thai energy and retail company with operations across 10 countries. OR operates through four core business groups: Mobility Business, providing energy solutions via PTT Station, PTT Lubricants, PTT LPG, and EV Station PluZ; Lifestyle Business, featuring Café Amazon, one of Asia’s largest coffee chains, along with convenience stores and space management; Global Business, driving international growth with over 415 PTT Stations and 391 Café Amazon outlets; and OR Innovation Business, developing new ventures and sustainable solutions through technology and innovation.

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HeySara Expands its Regional Footprint with the Acquisition of ILS (Hong Kong)

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SINGAPORE – Media OutReach Newswire – 8 July 2025 – HeySara (www.heysara.sg), one of Singapore’s fastest-growing corporate service providers, is pleased to announce its successful acquisition of ILS (Hong Kong), a reputable provider of corporate services and fiduciary solutions in Hong Kong and the Greater China region. Prior to the acquisition, ILS (Hong Kong) was a part of the ILS World Group.

This milestone marks a valuable and meaningful step in HeySara’s regional journey, bringing the company’s presence into the vibrant city of Hong Kong! With the integration of ILS (Hong Kong), HeySara strengthens its ability to deliver professional, responsive, and client-focused Corporate & Fiduciary Services across key jurisdictions, including Singapore, Malaysia, Hong Kong, Mainland China, the British Virgin Islands (BVI), and the Cayman Islands.

Mr. Ng Su Kai, Founder of HeySara, shared his thoughts on this exciting development:
“We’re absolutely delighted to welcome ILS (Hong Kong) to the HeySara family. This represents a significant step in our regional expansion journey. With our growing footprint across Greater China, we’re better positioned than ever to support our global clients with broader, smarter, and faster corporate service solutions.”

With this acquisition, HeySara now proudly serves more than 2,600 clients worldwide — a reflection of its commitment to making cross-border business setup and growth simpler, smoother, and more human. This partnership is not just about expansion — it’s about unlocking new possibilities, creating meaningful connections, and building a brighter future together.

Hashtag: #HeySara

The issuer is solely responsible for the content of this announcement.

About HeySara

HeySara is a next-generation, technology-driven Corporate Service Provider (CSP) dedicated to helping small and medium-sized businesses grow across Asia. Headquartered in Singapore with offices in Malaysia and Hong Kong, HeySara empowers over 2,600 clients worldwide through a unique blend of digital innovation and deep local expertise.

What sets HeySara apart is its comprehensive, one-stop suite of corporate services—including Corporate Secretarial, Accounting, Tax, Human Resource, Immigration, and Audit services.

Whether your business operates in a single market or spans multiple jurisdictions such as Singapore, Malaysia, Hong Kong, China, BVI, or the Cayman Islands, HeySara is your trusted partner for seamless cross-border corporate management. To learn more, visit .

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INIU to Launch All-New Pocket Rocket P50 on July 7, Redefining Fast-Charging Portability

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LOS ANGELES, USA – Media OutReach Newswire – 7 July 2025 – Well-known global portable charging brand INIU has officially launched the all-new, upgraded Pocket Rocket P50 Power Bank on July 7, 2025. Touted as “the world’s smallest 10,000mAh 45W fast-charging power bank,” the P50 redefines portability and performance.

Measuring just 3.3×2.0×1.0in/ 8.3×5.2×2.6cm and weighing only 5.6oz / 160±10g—roughly the size of two stacked macarons—the Pocket Rocket P50 slips easily into a pocket, handbag, or suitcase corner while delivering powerful output. With 45W fast charging, it powers your phone from low battery to 73% in just 25 minutes.The device also fully recharges in just two hours and can power up to three devices simultaneously, meeting modern demand for fast, multi-device charging on the go.

Packed with cutting-edge tech, the P50 features an upgraded TinyCell Pro battery and the industry’s first multi-tab cell for better heat control and faster, more efficient charging. A high-performance NVIDIA-grade inductor boosts battery life and shrinks overall size—making the power bank lighter and more compact. The ultra-thin 0.5mm Genius display keeps users informed with real-time power. With 18 layers of safety protection, it safeguards your device from overheating, overcharging, and other common risks.

In addition to performance, the P50 excels in energy efficiency and sustainability. Its Tinycell Pro and precision components minimize energy waste and extend lifespan, reducing replacements and electronic waste. The detachable fast-charging cable passed over 11,000 bend tests, and its integrated E-Marker chip ensures stability, wide compatibility, and support for Samsung Super Fast Charge 2.0—ready to use anytime.

Since its founding in 2014, INIU has focused on delivering high-quality portable power solutions and has served over 40 million users across 174 countries and regions. The company has received international accolades such as the iF Design Award, Red Dot Award, and CES Innovation Award. The new P50 is a technological breakthrough and a further step in INIU’s mission to provide reliable energy for users and families worldwide.

As mobile device usage grows, users demand more from their charging gear in terms of performance, portability, and safety. The debut of the Pocket Rocket P50 directly responds to this trend and is set to spark a new global wave in the fast-charging portable power revolution.
Hashtag: #INIU

The issuer is solely responsible for the content of this announcement.

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