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Jasmine Technology Solution Public Company Limited (JTS), a pioneer in technology solution innovation, has partnered with KT Telecom, South Korea's leading telecommunications company, to announce the initiation of a collaborative project to develop an advanced Large Language Model (LLM) in Thai on the Generative AI platform. This marks the beginning of a new era in the development of artificial intelligence technology in Thailand.
The collaboration emerged following a meeting between JTS and KT at the Mobile World Congress 2024 in Barcelona, Spain. The two parties agreed to leverage their existing resources and expertise to jointly create an innovative LLM with 80 billion parameters, a first for Thailand. This initiative draws upon KT's success in developing the Korea LLM, Mi:dm, with 210 billion parameters in 2019. Thus, this collaborative project between two leaders in technology innovation represents a significant step towards technological innovation and Thailand's digital transformation.
JTS plans to launch the Thai LLM in the fourth quarter of 2024. The platform will offer Generative AI services from business to business (B2B), facilitating corporate clients to integrate Generative AI into their existing products and services for both internal and external organizational use. Beyond the Thai LLM, JTS also plans to unveil a range of business-to-consumer (B2C) services, with more information to be disclosed at an appropriate future date.
The development of the Thai LLM also includes a partnership with Upstage, a leading LLM developer in Korea, to underscore confidence in the project's success and uphold international excellence standards. The significant investment by JTS, valued at approximately 1 billion baht, aims to cultivate a sovereign AI strategy in Thailand and establish a leadership position in Generative AI technology in Southeast Asia.

JTS, KT Kick Off Development of Thailand's Most Advanced Gen AI Platform

Jasmine Technology Solution Public Company Limited (JTS) revealed a 106% profit increase in 2023, up 111 million baht from a loss of 105 million baht in 2022. Revenue from the telecommunications and internet service business grew by 194 million baht in 2023, a 10% increase compared to the previous year, and aims to continuously increase revenue from network expansion and data centers to meet customer needs.
 Moreover, the Company is advancing to create the State-Of-The-Art (SOTA) Generative AI Large Language Model (LLM) for the Thai language, planning to sign a contract within the first quarter of 2024 with partners like KT Corporation, who have experience developing Generative AI in South Korea, and are preparing to create a platform that meets the needs of B2G, B2B, and B2C customers.
 By the end of 2023, the Company has accumulated more than 245.88630025 Bitcoins, with the potential for Bitcoin prices to surge due to several positive factors in 2024, including the upcoming Halving in April 2024, the approval of BTC ETFs by the U.S. SEC, which will make it easier for investors to access Bitcoin investments, and the expected decrease in interest rates in 2024, which could drive more capital into the Bitcoin market.
 JTS also plans to increase the use of alternative energy in Bitcoin mining to reduce operational costs and long-term environmental impact.

JTS Rebounds to a 106% Profit Increase in 2023

"Jasmine Technology Solution Public Company Limited (JTS) , led by Mr. Sang Do Lee, the President, was honored to receive the Thailand’s Top Corporate Brand 2023 award in the Information and Communication Technology business category. The award, recognizing organizations with the highest brand value in Thailand for the year 2023, was presented by Chulalongkorn University in collaboration with the Stock Exchange of Thailand. The prestigious accolade was bestowed by Assoc. Prof. Wilert Puriwat, Dean of the Chulalongkorn Business School, during a ceremony arranged at Chulalongkorn Auditorium.
Mr. Sang Do Lee, the President of JTS, expressed, "JTS is highly honored by the recognition from Chulalongkorn University and the Stock Exchange of Thailand as the organization with the highest brand value in Thailand for the year 2023 in the Information and Communication Technology business category. This award is a JTS's pride in its past accomplishments and operations."
"In the future, the Company remains steadfast in its commitment to becoming a leader in Total IT Solutions, delivering innovations to drive a secure and contemporary digital economy, emphasizing the benefits for stakeholders and maintaining sustainable environmental impact reduction," stated Mr. Sang Do Lee.
"The ASEAN and Thailand’s Top Corporate Brand award is an integral part of the research conducted by the Master in Branding and Marketing (MBM) program of Chulalongkorn Business School. The research aims to measure the organizational brand value across various industries, utilizing the CBS Valuation (Corporate Brand Success Valuation) tool developed based on marketing, financial, and accounting principles, enables the quantification of the financial aspects of an organizational brand."

"JTS" wins ASEAN and Thailand’s Top Corporate Brands Award for 2023

Mr. Song Do Lee, the President of Jasmine Technology Solution Public Company Limited (JTS), proudly announces that the Company has been awarded the certification as an organization has successfully passed the assessment and received recognition as a member of the Thai Private Sector Collective Action Against Corruption (CAC). This marks the first year of JTS's participation in this initiative, which is facilitated by the Thai Private Sector Collective Action Against Corruption Committee of the Institute of Directors (IOD). The certification is valid for three years and attests to the company's commitment and determination to combat corruption in all its forms. Companies participating in this initiative must pass an evaluation process of policies and practices to prevent internal corruption, aligning with the criteria set by CAC.
Mr. Sang Do Lee emphasized that JTS places an importance on combating corruption. The Company is committed to conducting business with honesty, integrity, transparency, and in compliance with laws and good corporate governance principles. Additionally, there is a strong awareness of the importance of preventing corruption in all forms. The Company has established an Anti-Corruption Policy to serve as a guideline for practices and and to prevent issues related to corruption. The Board of Directors and employees of the Company have undergone training on the anti-corruption policy and ethical standards set by the Company. They have committed to neither engage in nor accept corruption, both directly and indirectly, not supported any business that involves or accepts corruption, and will not tolerate or support corruption or unethical practices under any circumstances. Furthermore, they are committed to adhering rigorously to the Company's anti-corruption measures.

JTS Affirms Commitment to Business Integrity and Anti-Corruption Efforts, Earns First-Year Certification from Thai Private Sector Collective Action Against Corruption (CAC)

Jasmine Technology Solution Public Company Limited (JTS) has received a "BBB" rating in the SET ESG Ratings evaluation for the fiscal year 2023 from the Stock Exchange of Thailand. This recognition underscores the Company's commitment to aligning its business development with sustainable societal, environmental, economic, and corporate governance as the Company is one of the top 10 listed companies in the list of Thailand Sustainability Investment in technology industry. The Company is committed to developing the organization for sustained growth, reflecting its transparent and trustworthy ESG operations in all dimensions to enhance competitiveness and gain acceptance from stakeholders, directly related to the business's ability to achieve long-term sustainable growth.
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The aforementioned award is seen as a reflection of the Company's commitment to developing its business for sustained growth and emphasizing the integration of business operations with the continuous creation of sustainability across all dimensions, aligning with the United Nations (Sustainable Development Goals: SDGs) together with a clear commitment to managing various issues with a well-defined plan. Furthermore, it serves as a proof to the success of driving the organization forward under the commitment "Sustainable Innovative Digital Economy Provider : JTS, as an innovator, contributes solutions to deploy a secure and modern digital economy, focusing on the benefits for stakeholders and minimizing sustainable environmental impacts."

JTS receives a SET ESG Ratings evaluation result of "BBB" for the first year

BANGKOK, Oct. 9, 2023 - Jasmine Technology Solution Public Company Limited (JTS) and KT Corporation (KT) are thrilled to announce the signing of a Memorandum of Understanding (MOU) to establish a groundbreaking partnership. This collaboration aims to develop and deploy a state-of-the-art Generative AI Platform, offering a comprehensive range of services including Infrastructure as a Service (IAAS), Model as a Service (MAAS), Platform as a Service (PAAS), and Software as a Service (SAAS). The initial launch is set for Thailand, with plans to expand throughout the Southeast Asian region.
This strategic alliance will see both companies working hand-in-hand to plan and establish roadmaps for new business areas. The goal is to co-develop and commercially launch the Generative AI business in Southeast Asian countries, starting with Thailand in 2024.
JTS, renowned for its technological prowess, will leverage its existing businesses and capitalize on Jastel's expertise as the leading connectivity provider for Telcos in the region. In addition, JTS has ambitious plans to integrate AI workflows within Jasmine Group, its parent company, aiming to significantly enhance work efficiency. A testament to this vision is the transformation of Jasmine International Tower into a pioneering AI building.
<img class="aligncenter wp-image-2968 size-large" src="https://bo.jts.co.th/wp-content/uploads/2023/10/Mr.Sang-do-lee02-683x1024.jpg" alt="" width="683" height="1024" />
"This partnership marks a significant milestone in our journey to become a leader in the AI industry. With KT Corporation's expertise and our strong regional presence, we are confident in delivering unparalleled AI solutions to Southeast Asia," said Mr. Sang Do Lee, President of JTS.
Mr. Song Jae-ho, Vice President and Head of KT’s AI/DX Business Division added, "We are excited to collaborate with JTS, a company that shares our vision for the future of AI. Together, we will drive innovation and set new standards for the AI industry in the region."

JTS and KT Corporation Announce Strategic Partnership to Launch Generative AI Platform in Southeast Asia

JTS has achieved certification under the Thai Private Sector Collective Action Against Corruption (CAC) program, demonstrating its commitment to anti corruption as its first time to apply for and successfully achieve certification for the first quarter of 2023, with a three-year renewal cycle.
Both the Company and its subsidiaries operate with transparency and recognize the importance of  combating corruption in all forms, complying with the law and contributing to the betterment of society. JTS group also supports employees in carrying out their duties with integrity and being responsible citizens.
You can review the Anti-Corruption Policy at <a href="https://bo.jts.co.th/wp-content/uploads/2023/06/นโยบายการต่อต้านทุจริตคอร์รัปชัน_ปรับปรุง_2566-F-EN.pdf">Anti-Corruption Policy</a> to understand the guidelines for preventing and combating corruption issues within the Company and its subsidiaries. The aforementioned policy not only demonstrates its commitment and responsibility to creating fairness for all stakeholders, but also serves as the foundation for the sustainable growth of its organization.

JTS Expresses its Gratitude to Director, Executives and All Employees for Playing a Crucial Role, Resulting in Being Certified by CAC for the First Time

JTS Group, including Jasmine Technology Solution PCL. (JTS), Jastel Networks Co., Ltd. (JasTel), and Cloud Computing Solutions Co., Ltd. (CCS), successfully obtained the Carbon Footprint Organization (CFO) certification for complying with the standards and requirements set by the Thailand Greenhouse Gas Management Organization (TGO). The certification was granted under the TGO Guidance of the Carbon Footprint for Organization, signifying their commitment to sustainable carbon management practices.
In recognition of this achievement, Mr. Dusit Srisangaoran, the President of Jasmine Technology Solution PLC., is a representative of JTS Group to receive the Carbon Footprint Organization (CFO) certificate from Mr. Kiatchai Maitriwong, the Executive Director of Thailand Greenhouse Gas Management Organization.
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Mr. Dusit Srisangaoran, the President of Jasmine Technology Solution PLC. or JTS Group, stated about the Company's commitment to driving the organization towards sustainable business operations in the "Low Carbon Society" context. The Company has set long-term goals, aiming for Carbon Neutrality by 2050 and striving for Net Zero by 2060. Recognizing the importance of fostering innovative low-carbon technologies to replace conventional ones, the Company is dedicated to promoting creativity and efficiency-enhancing innovations within its operations throughout its business endeavors. Moreover, the Company has implemented a carbon footprint calculation mechanism provided by TGO to establish a greenhouse gas emissions database derived from its operational processes. This data serves as a guideline and forms the basis for effective management strategies to reduce emissions and optimize the entire value chain with utmost efficiency.
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The Company is firmly committed to being a driving force in propelling Thailand towards a low-carbon society. It also aims to instill a sense of consciousness among its employees regarding the sustainable use of natural resources and environmental stewardship. This commitment is aimed at achieving long-term and sustainable reductions in greenhouse gas emissions.

JTS Group Leads Greenhouse Gas Management, Driving Sustainable Development to a Low-Carbon Society

Jasmine Technology Solution Public Company Limited and its subsidiaries have enrolled for the Carbon Footprint for Organization (CFO) mark from the Thailand Greenhouse Gas Management Organization (TGO) to support greenhouse gas reduction activities and emphasize the importance of managing greenhouse gas emissions throughout the value chain. This is aligned with the Company's mission to advance carbon emission reduction and achieve carbon neutrality by 2050, driving sustainable business operations. The Company has set a long-term target of carbon neutrality by 2050 and has developed strategies and plans to support and prioritize greenhouse gas management throughout the value chain. This includes improving and enhancing internal processes, promoting the use of clean energy within the Company and its subsidiaries, as well as a commitment to waste reduction troughout the supply chain through efficient resource management for maximum benefit, aiming to become a low-carbon and sustainable business organization.

JTS Group enrolls CFO mark from TGO

Mr. Dusit Srisangaoran, President of Jasmine Technology Solution Public Company Limited or "JTS," led a team of management and employees to provide solar cell in the project of Solar For Future: Sustainable Living with Solar Energy, during the 1/2566 event. JTS had installed solar cells together with providing the sports equipment and educational media for basic electricity learning to children. Additionally, a meal program was organized for the students of Khaoyai School, located in Tambon Khok Tabong, Amphoe Tha Maka, Kanchanaburi Province. The activity was honored by Mr. Sorraaut Panprem, a Village Head of Khok Tabong Subdistrict, Mr. Ekachai Changchao, Chief Executive of Khok Tabong Subdistrict Administration Organization, Mr. Somporn Pilasan, Director of the Kanchanaburi Primary Educational Service Area Office 2, and his collaborator, Mr. Nonphoom Promdaen, the school director, and teachers, the school committee, and parents.
        Mr. Dusit Srisangaoran, President, stated, “In this Solar For Future: Sustainable Living with Solar Energy, our Company is pleased to provide the solar cell electricity generation system as a contribution towards driving sustainability for the personnel and community of Wat Kao Yai as the first place in this project, in line with the objectives of Solar For Future: Sustainable Living with Solar Energy. We are committed to continuing this project in the future, extending it to many schools nationwide.”
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JTS Provides Solar Cell, Solar For Future project: Sustainable Living with Solar Energy, to Khaoyai School, Kanchanaburi Province

On April 10, 2566, Jasmine Technology Solution Public Company Limited and its subsidiaries organized the JTS Group Songkran day event, led by Mr. Dusit Srisangaoran, the executive and representatives from affiliated companies to celebrate the Thai New Year (Songkran) by dressing in Thai costumes with the nearby companies such as Narai Intertrade Co., Ltd., Infineon Technologies (Thailand) Limited, World Medical Hospital, Nissan A-List Chaengwattana and Mazda MZ Chaengwattana to promote Thai culture and strengthen relationships among the companies. 
        The executive and all employees attached great importance to preserving Thai traditions and encouraged all employees to participate in the activities, in order to maintain the identity of Thai people as part of the ongoing society.

JTS Group Songkran day

On February 14th, JTS Group, which consists of Jasmine Technology Solutions Public Company Limited, and its subsidiaries, Jastel Network Company Limited and Cloud Computing Solutions Company Limited, held an event called "JTS Group Executive Talk X Buddy Bunny Year" to raise awareness and understanding of the organization's vision and business direction, as well as the strategies that will lead JTS Group to success for all employees. The event was honored by Mr. Subhoj Sunyabhisithkul, Chairman of the Executive Committee (Acting) of Jasmine International Public Company Limited and President of Jastel Network Co., Ltd., Mr. Terasak Jerauswapong, Vice President of Jastel Network Co., Ltd., and Mr. Dusit Srisangaoran, President of Jasmine Technology Solutions PCL. and Cloud Computing Solutions Co., Ltd. They spoke intimately on stage with the same goal in mind. In addition, the event provided employees with the opportunity to ask questions and engage in direct Q&amp;A with high-level executives.
         In addition, the activity also added relaxation with the Buddy Bunny game, which promoted good relationships among employees from various departments within the company, resulting in effective communication, teamwork, and mutual support, leading to sustainable happiness within the organization.
JTS #JASTEL #CCS

JTS Group Executive Talk X Buddy Bunny Year

On 23 November 2022, Mr. Dusit Srisangaoran, the President of Jasmine Technology Solution Public Company Limited or JTS, had visited his juniors, the students in the department of engineering at Mahidol University. He, as a speaker, shared the concept of sustainable business operation, the products of JTS and affiliates and the blockchain technology to apply in problem-solving such as money transfer, the increase in efficiency of service providing, etc. Additionally, he explained the vision of the use of solar power in Bitcoin mining farm and exchanged the renewable energy perspectives to the students to build the ideas on their projects or the creativity of technology innovation for the environment which is the trend that the world is focusing on.
The ambience full of warmth from the teachers, enjoyment, and intimacy from senior to junior gave an opportunity to exchange their experiences which is a guideline for living and working beneficial to his junior in the future to be successful in the next career. 
#JTS #JasmineGroup #JTSYoungBlood #JTS@MU #MahidolUniversity

JTS Talk @MU Knowledge Sharing of Blockchain Technology and Renewable Energy with Sustainable Development

On 3 November 2022, Mr. Dusit Srisangaoran, the President of Jasmine Technology Solution Public Company Limited or JTS, had shared the knowledge under JTS Talk activity to the engineering students at King Mongkut’s Institute of Technology Ladkrabang on the topic of Engineering and Future Opportunity, Miner and Bitcoin Direction together with Blockchain Technology and vision exchange in terms of adopting Solar Power for Bitcoin Mining Farm.
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In addition, he shared the ways to apply technologies to support clean energy to all part of businesses as it could be the work opportunity for the engineering students in the future. He also presented the JTS Young Blood 2022 Project, supporting the students who were preparing their thesis to complete their achievements including the opportunity to cooperate with the organization to altogether drive the organization literally grow with sustainability. Furthermore, he intimately provided a lecture and an opportunity to the students to exchange their aspects together with answering the questions, leading the event received a lot of students’ attention.
#JTS #JasmineGroup #JTSYoungBlood

JTS Talk @KMITL Knowledge Sharing of Bitcoin Mining Business with the Use of Solar Energy for Sustainability

Jasmine Technology Solution Public Company Limited (“JTS”) donated the old desk calendars, gathered by the Company’s employees, to the Foundation for the Blind in Thailand under the Royal patronage of H.M. the Queen at the Bangkok School for the Blind to be used for making instructional material and writing braille, welcomed by Ms. Jarassri Srimanee, the Director of the Office of the Foundation. On this occasion, JTS also donated 20,000 Baht to support the Foundation for the Blind in Thailand under the Royal patronage of H.M. the Queen in the activities as well.

JTS Donates Used Calendars to Foundation for the Blind

Jasmine Telecom Systems Public Company Limited (JTS) led by Mr. Pleumjai Sinarkorn, President of Board of Directors, and Mr. Pavuth Sriaranyakul, Independent Director and Chairman of Audit Committee, and Ms. Anchana Kanha, Manager of Regulatory and Compliance Department (Master of Ceremonies) jointly convened the online Extraordinary General Meeting of Shareholders No.3/2021 via electronic method, abided by Covid-19 prevention criterion by Department of Disease Control, Ministry of Public Health.

The significant agenda was informed to shareholders and considered about the Minutes of 2021 Annual General Meeting of Shareholders certification, an addition of the Company’s objective and an amendment to Clause 3 of the Company’s Memorandum of Association approval for the Company’s objectives to cover and support the Company’s business operation that might occur in the future which were a cryptocurrency trading center, digital token trading center, digital token broker, cryptocurrency traders, digital token traders, entrepreneurs or individuals on cryptocurrency and digital token advisor, etc., the changing of the Company’s name and the Company’s seal, and increasing the number of directors and the appointment of the new directors namely, Mr. Veerayooth Bodharamik and Mr. Kittipong Watthanakuljaroen at Jasmine International Tower, Chaengwatana Road, Pakkret, Nonthaburi.

“JTS” holds EGM No.3/2021

Jasmine Telecom System Public Company Limited (JTS) accelerated Bitcoin capacity following its goal. On August 26, 2021, Mr. Dusit Srisangaoran, President, had signed a contract to order the first batch of 1,200 Antminer S19J Pro Bitcoin mining machines with Bitmain Technology Ltd., officially beginning a commercial relationship with Bitmain.

Bitmain is the world’s largest Bitcoin mining machine manufacturer and designer of Application-Specific Integrated Circuit (ASIC) chips, and it possesses the most of Bitcoin mining machine market share.

This purchasing will increase in mining ability or Company’s hash rate for 120 Penta hashes per second (PH/s) which these Bitcoin mining machines will be gradually shipped and installed at the beginning of the next year, following the increasing hash rate plan that was previously announced.

With this purchasing, the Company could achieve the goal of the additional Bitcoin mining machines for 28% from 5,000 additional Bitcoin mining machines within 2022. Once the machines are completely installed and enabled, JTS will become the largest center of Bitcoin industry and have the most mining capability in Thailand.

For business and investment plan, JTS aims to add 50,000 Bitcoin mining machines before the next halving, expectedly complete in 2024, leading JTS not only be one of the largest Bitcoin Mining Farm in Thailand, but also the largest center of Bitcoin Mining Farm in Southeast Asia.

“JTS” Signs Contract to Buy 1,200 Bitcoin Mining Machines with “Bitmain”

Jasmine Telecom System Public Company Limited announced its financial statement for the second quarter of 2021, revenue from the Company and its subsidiary increased by THB 318.21 million compared to the second quarter of 2020 and increased by THB 396.35 million compared to the first quarter of 2021 or 1,157.90% after the 99.99% of share purchasing in JasTel Network Company Limited (“JasTel”), which share purchasing operation was completed on May 31, 2021.

The operating result in second quarter of 2021 had been ended on June 30, 2021, which the net profit of the Company and its subsidiary was THB 37.32 million, increasing THB 28.47 million or 321.69% compared to the second quarter of 2020 and increasing THB 27.09 million or 264.81% compared to the first quarter of 2021.

JTS’s New Step

Jasmine Technology Solution Public Company Limited, a new name of the Company, will be used instead of Jasmine Telecom System Public Company Limited to conform with the current business in the organization, already offered to the Board of Directors meeting on August 9, 2021, preparing for Extraordinary General Meeting of Shareholders on November 8, 2021.

Due to an uncertain new wave of Covid-19 pandemic affected on economic activity in Thailand, the Company is looking for new business investing in the long run and enabling to make new profit for the Company despite of an indirect impact on the Company.

JasTel Network Company Limited, a subsidiary of the company, will operate Bitcoin mining business with THB 156.7 million of investing value which Bitcoin mining machines had gradually been ordered and 500 machines would completely be installed within the third quarter of 2021. The Company had studied about Bitcoin and caught sight of a great opportunity that some Bitcoin mining rewards will be sold, and another will be kept wherewith the Company expects to perceive the profit from this business continuously.

The Company is preparing to expand the second phase to add another 5,000 machines in early 2022, aiming to use the area of Industrial Estate with the availability of the site and electrical infrastructure for adding more altogether 50,000 machines before the next halving by 2024, resulting in 5 Exahash/s of Company’s mining capacity or approximately 5% of world’s mining capacity as well as being the largest center of Bitcoin Mining Farm in Southeast Asia.

For the issue of environmental impact, mining bitcoin makes no pollution to the environment as electric power is the main energy, produced by the public authority and certified by Environment management System according to ISO 14001. To this regard, it is under negotiation weather using renewable energy such as Solar Energy and Electricity produced from natural gas which it can reduce the cost and protect the environment as well.

JTS Reveals 2Q Financial Statement with Exponential Growth of Revenue and Net Profit together with A New Journey of Bitcoin Mining

“Jasmine Telecom Company would like to thank to Dell Technologies Company who has given The Best of PowerEdge Server – Value FY21 award to the Company. The Company believes that Dell’s products are good and have a great quality and reputation, so we support our customers to use the products which considered as world-class products. Thanks to Dell Technologies again for giving this award.”

Mr. Somboon Patcharasopak had received the highest server circulation award of 2021. (Organized in form of an Online Event)

JTS Gets Highest Server Circulation Award of 2021

On September 23, 2020, Jasmine Telecom Systems Public Company Limited (“JTS”) signed a “Strategic Collaboration Agreement” with KT Corporation (“KT”), a partner from South Korea for the operation of the Hyperscale Data Center and Cloud Service business which will be a foundation to add value to network business of Jasmine International Public Company Limited Group (“JAS Group”) in the future. To this regard, KT will act as a strategic partner in business development and collaboration with world-class cloud service providers that includes bringing technology in data center and other related solutions to further develop with JTS. KT is currently No.1 telecommunication operator in South Korea, specialized in Internet Data Center (“IDC”) in South Korea for over 10 years while JTS is experienced in providing telecommunication services to corporate customers and Cloud Infrastructure as a Services (IaaS). The joining of forces between JTS and KT will bring together world-class cloud service partners, resulting in the opening up of the total cloud solutions market in Thailand which will further enhance the expansion of other services in the future, including Data Center, Cloud Infrastructure as a Service and International Private Leased Circuit (“IPLC”) of JAS Group.