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SMART launches new research group WISDOM to pioneer technologies that will help machines “see” like humans
- Multi-million-dollar, three-and-a-half-year programme to advance Singapore’s optoelectronics and photonics capabilities and semiconductor industry, which generated over S$133 billion in 2023 and accounts for approximately 7% of Singapore’s GDP
- Bringing together over 20 Singapore and US-based researchers, this is the first time a programme will study the combination of three integral components: optics, optoelectronics and electronics
- WISDOM supports Singapore’s Future of Microelectronics (FME) national initiative, and has key partnerships with leading research institutions including the National Semiconductor Translation and Innovation Centre (NSTIC)
- The IRG’s research endeavours are expected to benefit industries such as automotive, consumer electronics, healthcare, and space travel and sample collection – including applications in autonomous driving, augmented reality, robotics and high-speed data communication
SINGAPORE – Media OutReach Newswire – 7 May 2025 – Imagine creating 3D-sensing technologies so lightweight, compact and high-performance that they could take us to planets beyond Mars. The Singapore-MIT Alliance for Research and Technology (SMART), Massachusetts Institute of Technology’s (MIT) research enterprise in Singapore, has launched a new interdisciplinary research group (IRG) focused on developing next-generation 3D-sensing technologies for practical use across industries such as automotive, consumer electronics, aerospace and healthcare, among others.
Jointly led by faculty from MIT and Nanyang Technological University, Singapore (NTU Singapore), the Wafer-scale Integrated Sensing Devices based on Optoelectronic Metasurfaces (WISDOM) IRG will focus on developing ultra-thin, scalable sensing devices – systems that allow machines such as autonomous vehicles and robots to perceive depth, shape and spatial detail safely and with more versatility, much like human vision.
3-Dimensional (3D) sensing is essential for many modern applications, from autonomous vehicles and robotics to augmented reality and medical diagnostics. However, current systems still fall short of human-like perception capabilities, which pose limitations such as contextual unawareness and decision errors.
Today’s optical systems are also often bulky, expensive and difficult to mass-produce due to reliance on complex components and manual assembly. While new materials called optoelectronic metasurfaces — which are ultra-thin and can control light in powerful new ways — show great potential, it has been difficult so far to turn them into practical, widely used products, due to challenges in how these materials are combined with other technologies and manufactured at large scale.
SMART WISDOM will be helmed by Co-Lead Principal Investigators Prof Juejun Hu, Professor of Materials Science and Engineering at MIT, and Prof Tan Chuan-Seng, Professor of Electronic Engineering at the School of Electrical and Electronic Engineering at NTU Singapore.
“What makes me really excited about WISDOM is that we’re putting together pieces that haven’t been combined before – to benefit a ton of industries and use cases. For example, think how a super light and powerful LiDAR system could make trips to planets beyond Mars a reality. It’s like having a whole new set of eyes for exploration, and about making the seemingly impossible, possible,” said Prof Juejun Hu, Co-Lead Principal Investigator, WISDOM.
Combining expertise from five leading institutions
SMART brings together top researchers from leading institutions in the United States and Singapore, including MIT, NTU Singapore, National University of Singapore (NUS), Stanford University and University of Illinois Urbana-Champaign (UIUC), to redefine how optical metasurfaces are designed, integrated and manufactured.
This multi-million, multi-year effort, supported by the National Research Foundation (NRF) Singapore under its Campus for Research Excellence and Technological Enterprise (CREATE) programme, brings together leading experts across disciplines in photonics, materials science and semiconductor engineering to position Singapore at the forefront of global innovation in sensing technologies and advanced manufacturing.
World-first approach to pioneering 3D-sensing and next-generation applications
WISDOM will capitalise on wafer-scale integration using standard silicon complementary metal-oxide-semiconductor (CMOS) processes to revolutionise how meta-optical systems are produced. This is the first time a programme is put together to study the combination of these three separate elements: optical metasurfaces, optoelectronic devices with a focus on light-emitting diodes (LEDs) and vertical surface emitting laser arrays (VCSELs); and silicon CMOS electronics.
At the heart of WISDOM’s pioneering research is their world-first approach that integrates the three elements into a wafer-scale platform. This tri-element integration seeks to unlock entirely new functionalities in optical metasurface technology, enabling next-generation sensing systems with multi-modal illumination and detection, advanced displays with built-in high-speed communication, and biomedical devices with versatile light sources for diagnostics and therapeutics.
“The launch of WISDOM marks an exciting chapter in SMART’s and MIT’s long legacy in Singapore – bringing together the best in their fields from US, Singapore and the region for interdisciplinary research and collaboration to drive world-class research and innovation with commercial and societal impact for Singapore and beyond. The first-of-its-kind research will pioneer groundbreaking advancements for next-generation sensing systems, enabling transformative solutions across industries such as automotive, healthcare, aerospace and consumer electronics,” said Bruce Tidor, Chief Executive Officer and Director (Interim), SMART.
WISDOM’s inaugural project aims to develop a high-performance, metasurface-enabled LiDAR prototype, addressing key challenges in scalability, integration and performance. By combining metasurface optics, optoelectronic devices, and CMOS electronics on a single silicon substrate, WISDOM seeks to redefine the capabilities of LiDAR systems. This innovation promises to enhance detection accuracy, extend range and field-of-view, and reduce motion artifacts, with transformative implications for industries such as automotive, healthcare, robotics and unmanned aerial vehicles (UAVs). Beyond improving safety in autonomous vehicles and navigation in drones, it also opens doors to revolutionary applications like glasses-free 3D displays and high-speed optical communication, laying the groundwork for smarter, more efficient technologies that will shape the future.
“WISDOM represents a paradigm shift in how meta-optical systems are integrated – from discrete assembly to wafer-scale packaging. Even at the research stage, we have a clear objective to bring our innovations to market and societal impact – enabling transformative sensing technologies for mass-market applications. WISDOM is designed to streamline manufacturing by eliminating costly and intricate die-to-die assembly, significantly improving throughput,” said MIT Prof Hu Juejun.
“By combining NTU’s two decades of expertise in electronics engineering and wafer packaging with MIT’s strengths in optical systems, we aim to create a new platform for large-scale manufacturing of optical metasurfaces using industry-standard CMOS processes. NTU is known for translating fundamental research into real-world technologies, and this collaboration builds on that strength. Ranked top in the world for Electrical and Electronic Engineering1, we are well-placed to deliver innovations that are both scalable and commercially viable, while also training the next generation of engineers to lead in areas like Augmented Reality, robotics and consumer technology,” said NTU Prof Tan Chuan-Seng.
As MIT’s research enterprise in Singapore, SMART is dedicated to driving innovation that powers future industries and transforms global technological landscapes. WISDOM adds on to SMART’s continuing commitment to advancing cutting-edge and translational research in fields such as artificial intelligence, agriculture, antimicrobial resistance, cell therapy and more. In addition to advancing scientific understanding, the IRG’s work is expected to contribute to intellectual property development, technology licensing, and the creation of Singapore research spin-offs and startups in related industries.
Hashtag: #SMART
The issuer is solely responsible for the content of this announcement.
About Wafer-scale Integrated Sensing Devices based on Optoelectronic Metasurfaces (WISDOM)
WISDOM is an interdisciplinary research group (IRG) launched in April 2025 by SMART, MIT’s research enterprise in Singapore. WISDOM is the first research and industry endeavour to study and integrate optical metasurfaces, light emitting diodes (LEDs) and vertical surface emitting laser arrays (VCSELs), and complementary metal-oxide semiconductor (CMOS) electronics for industry and commercial application. By developing innovative 3D-sensing technologies that enhance system performance, scalability and cost efficiency, WISDOM aims to revolutionise optoelectronics and photonics, and address key challenges in semiconductor manufacturing and other key industries. These 3D-sensing technologies will deliver impactful advancements that drive progress in sensor innovation while fostering opportunities for commercial applications and societal benefits in Singapore and globally.
About Singapore-MIT Alliance for Research and Technology (SMART) [新加坡-麻省理工学院科研中心]
Singapore-MIT Alliance for Research and Technology (
SMART) is MIT’s Research Enterprise in Singapore, established by the Massachusetts Institute of Technology (MIT) in partnership with the National Research Foundation of Singapore (NRF) since 2007. SMART is the first entity in the Campus for Research Excellence and Technological Enterprise (CREATE) developed by NRF. SMART serves as an intellectual and innovation hub for research interactions between MIT and Singapore. Cutting-edge research projects in areas of interest to both Singapore and MIT are undertaken at SMART. SMART currently comprises an Innovation Centre and five Interdisciplinary Research Groups (IRGs): Antimicrobial Resistance (AMR), Critical Analytics for Manufacturing Personalized-Medicine (CAMP), Disruptive & Sustainable Technologies for Agricultural Precision (DiSTAP), Mens, Manus and Machina (M3S), and Wafer-scale Integrated Sensing Devices based on Optoelectronic Metasurfaces (WISDOM).
SMART research is funded by the National Research Foundation Singapore under the CREATE programme.
For more information, please visit http://smart.mit.edu
Media OutReach
Asia Coach Group Partners with Veteran Business Consultant Rick Tam to Launch “Business Breakthrough” Programme for Hong Kong SMEs
Challenging Business Environment Demands New Solutions
Hong Kong’s SMEs are facing unprecedented operational pressures. According to a survey by CPA Australia, 37% of small businesses in Hong Kong struggle to obtain external financing. Data from Airwallex further reveals that 96% of SMEs have experienced cash flow difficulties in the past year. With property asset values declining, banks’ insistence on property collateral for loans has left many enterprises in financial distress.
Responding to Market Needs with Systematic Business Upgrade Solutions
“Hong Kong has never lacked capital—what’s missing is the mechanism to connect businesses with it,” Rick Tam noted. The programme addresses common pain points faced by local SMEs, including declining profits, low business valuations, tight cash flow, and recruitment challenges. Built upon the four-pillar framework of “Commerce, Strategy, Breakthrough, and Structure,” the curriculum covers stabilising cash flow and enhancing financial flexibility, repositioning businesses and improving client quality, reshaping product value and expanding profit margins, as well as systematising operations and attracting investors. The programme commits to helping participants improve cash flow, increase business value, and strengthen their business models within 90 days.
Four Practical Tools for Immediate Application
Participants will acquire four core tools: the “Cash Flow Vortex System” for rapid assessment of financial status and establishing safety buffers; the “A.T.C. Client Leverage Ladder” for repositioning and enhancing client value; the “High-Value Breakthrough Method” for creating products with greater value and trust; and the “Marketing Triangle Matrix” for integrating human resources, client bases, and operational systems to plan business expansion. The programme adopts a six-step progressive model—from restructuring business models, improving profit margins, attracting capital injection, building high-performance teams, and systematising operations, to ultimately helping business owners reclaim their time and freedom.
Instructor Credentials
Programme instructor Rick Tam is a graduate of the University of Hong Kong’s Business School and currently serves as CEO of two family offices and chief consultant to several others. He holds the CFPCM Certified Financial Planner designation. Tam has founded more than nine brands spanning wealth management, securities, and food and beverage sectors, and has guided over 1,000 participants through business expansion.
As Hong Kong’s economy seeks transformation, channelling capital precisely into the real economy through the “Business Breakthrough” approach offers more than a lifeline for SMEs—it injects vital momentum into Hong Kong’s long-term economic development.
Hashtag: #RickTam #AsiaCoach
The issuer is solely responsible for the content of this announcement.
Media OutReach
Zuellig Pharma Strengthens Consumer Healthcare Portfolio with the Acquisition of Zam-Buk® and Vapex® Brands from Bayer
Zam-Buk® is an ointment used for the temporary relief of pain and itch, including discomfort from insect bites. First launched in 1902, Zam-Buk® has retained strong brand equity over the decades and is widely perceived as a trusted household brand. Vapex® is a nasal inhaler used to help relieve nasal congestion. Launched in 1917, Vapex® has built meaningful brand recognition, particularly in Thailand.
The acquisition of the brands supports Zuellig Pharma’s strategic priority to strengthen and scale its consumer healthcare portfolio across Asia. It also marks the company’s second consumer healthcare acquisition, following Propan in the Philippines, reinforcing its focus on building a strong commercial platform for trusted, everyday healthcare products in the region.
Hashtag: #ZuelligPharma #ConsumerHealthcare #ConsumerHealth #Healthcare #Pharmaceuticals #Zambuk #Vapex #Bayer
https://www.zuelligpharma.com/
https://www.linkedin.com/company/zuellig-pharma
The issuer is solely responsible for the content of this announcement.
About Zuellig Pharma
Zuellig Pharma is a leading healthcare solutions company in Asia, and our purpose is to make healthcare more accessible to the communities we serve. We provide world-class distribution, commercialization, and clinical trial support services, underpinned by a strong culture of innovation to support the growing healthcare needs in this region. The company was founded a hundred years ago and has grown to become a multibillion-dollar business covering 18 markets with over 12,000 employees. Our people serve more than 200,000 medical facilities and work with over 450 clients, including the top 20 pharmaceutical companies in the world.
Media OutReach
International Entertainment Corporation to Hold EGM on 26 February 2026 for Proposed Convertible Notes Issuance
DigiPlus Interactive Corp., named as one of the Fortune Southeast Asia 500, together with its subsidiaries, is an innovative digital entertainment group in the Philippines and is a leader in the casinos and gaming industry. On 17 November 2025, the Company entered into the Subscription Agreement with the Subscriber, pursuant to which the Company conditionally agreed to issue and the Subscriber conditionally agreed to subscribe for the Notes in two tranches with a maturity of five years and an interest rate of 3% per annum.
Upon full conversion of the Notes at the initial Conversion Price, a total of 1,600,000,000 Shares will be issued by the Company, representing approximately 53.89% of the issued share capital of the Company as enlarged by the issue and allotment of the Conversion Shares. As such, the Subscriber will be obliged to make a mandatory general offer pursuant to Rule 26.1 of the Takeovers Code, unless the Whitewash Waiver is granted and approved.
The initial Conversion Price of HK$1.00 per Conversion Share represents a discount of approximately 3.85% to the closing price of HK$1.04 per Share as quoted on the Stock Exchange on the Latest Practicable Date (6 February 2026).
The board of Directors (the “Board“) believes that the Subscription would be beneficial to improving and strengthening the Group’s liquidity and financial position on a longer-term basis. In the event that the Subscriber converts part or the full amount of the Notes into the Conversion Shares, it will also broaden the shareholder and capital base of the Company. The Group intends to apply part of the net proceeds raised from the issuance of the Notes of approximately HK$489.22 million for the early repayment of the Promissory Notes and interest accrued thereon (the “PN Repayment“), and approximately HK$392.39 million to early repay the Secured Bank Borrowing to achieve immediate interest savings.
The remaining net proceeds will primarily be used for funding the Investment Commitment and attractive investment/business opportunity(ies); and as general working capital of the Group. The Investment Commitment is currently expected to include capital investments for acquisition of land for the expansion of the Group’s integrated resort in Manila City in the Philippines (the ”Hotel”) and the construction of additional hotel rooms, for provision of other amenities of the integrated resort, and for ongoing upgrades, refurbishments and renovations to the facilities and infrastructures of both the Hotel and the Group’s existing casino (the “Casino“).
The Independent Board Committee, which comprises all the independent non-executive Directors, is of the opinion that (i) the terms of the Subscription Agreement are on normal commercial terms, and the terms of the Subscription, the Whitewash Waiver and the Special Deal (the PN Repayment to the PN Holder) are fair and reasonable so far as the Independent Shareholders are concerned; and (ii) the Subscription, the Whitewash Waiver and the Special Deal are in the interests of the Company and the Shareholders as a whole and as far as the Independent Shareholders are concerned. It, therefore, recommends the Independent Shareholders to vote in favour of the relevant resolution(s) to be proposed at the EGM.
Hashtag: #InternationalEntertainmentCorporation
The issuer is solely responsible for the content of this announcement.
About International Entertainment Corporation (HKEX: 1009)
International Entertainment Corporation is an investment holding company. The Company and its subsidiaries are principally involved in hotel operations, operating the gaming business under provisional licence and leasing of gaming venues at the hotel complex of the Group in Metro Manila in the Republic of the Philippines to a tenant for authorized gaming operation and live poker events in Macau.
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