The Asia FinTech Alliance (AFA) recently announced the results of its latest leadership election, conducted in full accordance with the AFA Bylaws unanimously adopted by all members in 2025.All elected members of the Executive Committee received affirmative written consent from more than two-thirds (2/3) of AFA member associations, representing at least ten Asian economies, underscoring strong collective confidence in AFA's governance framework and leadership continuity.Election ResultsJaclyn Tsai (Taiwan) was re-elected as Chairwoman of AFA for a second term.Dongpyo Hong (Korea) and Wilson Beh (Malaysia) continue their roles as Vice Chairpersons, having been elected in November 2025.Takafumi Ochiai (Japan) was elected as Treasurer, a newly established Executive Committee position that marks a key milestone in strengthening AFA's financial oversight and institutional maturity.Winston Hsiao (Taiwan) was re-elected as Secretary, ensuring continuity in AFA’s operational coordination and internal governance.Under the renewed leadership structure, the two Vice Chairpersons will jointly oversee eight Working Groups, including Bylaws, Anti-Fraud, Academy, Affiliate Members, Women in FinTech, Website, and Webinars, to drive focused execution across policy, industry development, inclusion, and knowledge exchange.Leadership Voices"I am deeply honored by the trust our members have placed in this leadership team," said Jaclyn Tsai, Chairwoman of AFA. "AFA is not just a platform - it is a network of trust. The more trust we build across borders, the more collective power we have to shape Asia's fintech future."Dongpyo Hong, Vice Chairperson, noted: "Strong governance is the foundation of meaningful regional collaboration. With clearer roles and active working groups, AFA is well positioned to move from dialogue to coordinated action."Wilson Beh, Vice Chairperson, added: "AFA's strength lies in its diversity - across markets, regulatory environments, and stages of development. This allows us to co-create solutions that truly work for Asia."Takafumi Ochiai, Treasurer, commented: "The creation of the Treasurer role reflects AFA's evolution into a more accountable and sustainable regional organization, reinforcing member trust through sound financial governance. As a member of the Executive Committee, I also look forward to contributing to AFA's broader initiatives across the region."Winston Hsiao, Secretary of AFA, emphasized execution and continuity: "Good governance is not only about structure, but about consistent implementation. As Secretary, I look forward to supporting the Executive Committee and Working Groups in translating AFA’s shared vision into concrete outcomes for our members."A Shared Vision for AsiaGuided by the principle of an alliance of associations, AFA brings together one leading fintech association from each participating economy. The Alliance currently comprises 15 member associations, representing Taiwan, Korea, Japan, Singapore, Malaysia, Hong Kong, the Philippines, Indonesia, Thailand, Mongolia, Cambodia, Vietnam, India, Nepal, and Sri Lanka.With its renewed mandate, AFA will continue to strengthen cross-border trust, regulatory dialogue, and industry collaboration, transforming diversity into collective strength and governance into long-term regional impact.AFA — We Build Trust Together, Shape Asia's Future Together.

DesignCon, the United States' premier annual gathering for chip, board, and systems design engineers, returns to the Santa Clara Convention Center from February 24-26, 2026. For over three decades, this flagship Silicon Valley event has served as the essential forum for industry professionals to discover innovative solutions to the most pressing signal and power integrity challenges.As a global leader in semiconductor test sockets, Smiths Interconnect is proud to announce its participation in this prestigious conference and exhibition. We will feature a comprehensive portfolio of our star test products, highlighting solutions engineered for the next generation of technology in AI PCs, Enterprise Data Centres (EDC), automotive electronics, and the Internet of Things (IoT).Spotlight on Innovation: DaVinci Gen V High-Speed Test SocketHeadlining the display will be the DaVinci Gen V High-Speed Test Socket, Smiths Interconnect's latest flagship product. Designed to meet the extreme demands of high-performance computing and AI data centres, the DaVinci Gen V test socket delivers breakthrough high-speed signal transmission and performance. It enables unprecedented digital signaling speeds of up to 224 Gbps PAM4 for AI accelerators and beyond 100 GHz for 6G communications. These speeds are crucial for supporting the growing demand for massive data transfer.The solution supports BGA, LGA, and other package variants, using spring probe technology with a homogeneous alloy and gold plating to ensure better grounding. It delivers RF bandwidth greater than 84 GHz at -1 dB insertion loss, with a short signal path and a 4.90 mm test height. The impedance is tuned to match the system, providing consistent and stable contact resistance of 55 mΩ on average.The design also accommodates high co-planarity and features a tri-temp socket structure capable of operating from -55 °C to +150 °C. The same socket is suitable for manual test, bench test, and high-volume manufacturing (HVM) production test, enabling greater efficiency and consistency across test stages.In addition to high-speed test solutions, Smiths Interconnect will also showcase its high-power burn-in socket, a specialised electromechanical interface designed to temporarily connect a semiconductor device—such as a CPU, GPU, AI accelerator, or high-power discrete component—to a test board during the burn-in and stress-testing phase of manufacturing.It is designed to support next-generation devices with up to 22,000 contacts and sizes up to 150 × 150 mm, while managing power levels of up to 2000 W through integrated liquid cooling. The socket is universally compatible with advanced burn-in chamber platforms and can deliver a 500 lb applied load with a maximum closing force of 15 lb. Flexible thermal options, including passive heatsinks and heat pipes, are also available to meet different testing requirements.This burn-in socket is built for durability and thermal/electrical stability under extreme stress conditions.Attendees are invited to visit Booth 508 to experience Smiths Interconnect's cutting-edge technologies firsthand and engage with technical experts.Credit: Smiths InterconnectCredit: Smiths Interconnect

SK hynix Inc. (or "the company", www.skhynix.com) announced today that it has achieved record financial results in 2025 – 97.1467 trillion won in revenue, 47.2063 trillion won in operating profit (with an operating margin of 49%), and 42.9479 trillion won in net profit (with a net margin of 44%).The results significantly exceeded the previous record set in 2024. The annual revenue increased by more than 30 trillion won while the annual operating profit nearly doubled year-on-year, marking the highest annual performance in the company's history.Growth momentum accelerated further in the fourth quarter. In addition to HBM, demand on conventional memory solutions for servers increased sharply, to which SK hynix responded proactively. As a result, the company achieved record-high quarterly performance across all three indicators, with revenue rising 34% to 32.8267 trillion won, operating profit surging 68% to 19.1696 trillion won, and operating margin reaching 58% quarter-on-quarter.SK hynix emphasized that 2025 marked a year in which the company once again demonstrated its world-class technological leadership. In response to an AI-centric demand structure, the company secured both growth and profitability by enhancing technological competitiveness and expanding its portfolio of high value-added products.In the DRAM segment, HBM revenue more than doubled year-on-year, making a significant contribution to the company's record performance. Conventional DRAM entered full-scale mass production of 1cnm process, or the sixth-generation of the 10-nanometer technology. The company also solidified its leadership in server modules, with the development of the 256GB DDR5 RDIMM - a high capacity server module based on 32Gb fifth-generation 10nm-class (1b) DRAM.For the NAND business, despite sluggish demand in the first half, the company completed its development of 321-layer QLC products. SK hynix also achieved the highest annual revenue on record, responding to customer demand centered on eSSD in the second half.The company noted that as the AI market shifts from training to inference while demand for distributed architectures expands, the role of memory will become increasingly critical. Accordingly, not only demand for high-performance memory such as HBM is expected to grow continuously, but also for overall memory products including server DRAM and NAND as well.In response, SK hynix plans to further strengthen its proven quality, technological leadership and mass-production capabilities, based on the customer trust it has secured as the only industry player capable of stably supplying both HBM3E and HBM4 simultaneously. In particular, having successfully completed the preparation stages to mass produce HBM4 - for the first time in the industry - in September last year, the large-scale production of the next-generation HBM has been underway to meet customer requests, the company said.The company also sets to maintain its HBM4 leadership while strengthening customer and partner collaboration to supply optimized products in 'Custom HBM', which continues to gain traction as a key differentiator.For conventional DRAM, SK hynix intends to accelerate the transition to the 1cnm process, expanding its AI memory product portfolio to include solutions like SOCAMM2 and GDDR7. For NAND, the company plans to maximize product competitiveness by transitioning to 321-layer technology, while actively addressing AI data center storage demand by leveraging Solidigm's QLC eSSD.SK hynix stated that it will prioritize meeting customer demand amid supply-demand imbalances by reinforcing partnerships. To this end, the company plans to maximize production capacity of the M15X fab in Cheongju at an early stage. The company also intends to secure stable mid-to-long-term production capabilities through the construction of the first fab in the Yongin Semiconductor Cluster.The construction of the advanced packaging facilities in Cheongju and Indiana, the U.S., are also progressing smoothly. This enables the company to establish integrated global manufacturing capabilities spanning front-end and back-end processes, having able to respond flexibly to changes in customer demand.Meanwhile, backed by record-high financial performance, SK hynix announced a large-scale shareholder return program to enhance shareholder value.The company will deliver an additional dividend of 1 trillion won, equivalent to 1,500 won per share. Combined with the regular quarterly dividend of 375 won, the year-end dividend will total 1,875 won per share, bringing total dividends for FY2025 to 3,000 won per share, or 2.1 trillion won in aggregate.SK hynix also plans to cancel 15.3 million treasury shares (approximately 12.2 trillion won based on the closing price on the 27th) equivalent to 2.1% of total shares outstanding, signaling a long-term commitment to enhance per-share value and shareholder returns.Song Hyun Jong, President and Head of Corporate Center, said that SK hynix will continue to generate sustainable performance growth while maintaining the optimal balance between future investment, financial stability and shareholder returns, based on the company's technological edge. "We will strengthen our role not merely as a product supplier, but as a core infrastructure partner in the AI era, enabling customers to meet their AI performance requirements."4Q25 Financial Results (K-IFRS). Credit: SK hynixFY2025 Financial Results (K-IFRS).Credit: SK hynix