Monthly Archives: November 2020

PR Newswire

Huawei’s Ken Hu: 5G Creates New Value for Industries and New Growth Opportunities

Leave a comment

SHANGHAI, Nov. 13, 2020 — At the 11th Annual Mobile Broadband Forum today, Huawei’s Deputy Chairman Ken Hu spoke with leaders in the telecoms and digital technology sectors about the new value that 5G can bring to different industries around the globe. As 5G is poised to transform the way we live, connect, and work, the telecoms sector is deeply invested in creating more value beyond the consumer market.

"There’s no out-of-the-box approach to innovation," said Hu on the topic of accelerating 5G application in industrial settings. "We’ve got to focus on real needs in real scenarios – and build up the capabilities to meet those needs. This is a challenge. But more importantly, it’s a huge opportunity for everyone involved."

Ken Hu speaks at 2020 MBBF
Ken Hu speaks at 2020 MBBF

Global 5G rollout is progressing quickly. As a leader in this domain, China has already seen over 600,000 base stations deployed in more than 300 cities, supporting more than 160 million 5G connections across the country. 5G services in China now deliver speeds in the hundreds of Mbps, and a wide array of 5G services have already been implemented in more than 20 domestic industries, including healthcare, ports, steel, power grids, mining, and manufacturing.

"The adoption of 5G in industries has moved from technical verification to commercial deployment," Hu noted. "As of September 30, 2020, China’s three major operators have implemented over 5,000 innovative 5G projects and signed over 1,000 5G business contracts."

While expressing his full confidence in 5G’s promising future with industries, Hu noted, "There is no such thing as a one-size-fits-all solution, because every industry has vastly different requirements." He shared four observations on the best ways to drive 5G innovation for industry applications.

First, the industry needs to identify real needs based on specific business scenarios. While many industries have shown that they are ready and willing to embrace 5G, Hu stressed the need to develop a concrete set of criteria for specific scenarios and assess whether or not 5G is the right tool for the job: "This is how we can identify the real needs that are worth investing in."

Huawei proposed four criteria for assessing real needs: technical relevance, business potential, value chain maturity, and standardization. Based on these criteria, four typical scenarios that demonstrate a real need for 5G include remote control, video backhaul, machine vision, and real-time positioning.

Second, networks need to adapt to different scenarios. Networks are the foundation of competitive 5G services, so network equipment, together with network planning, construction, maintenance, and optimization, must be able to meet the requirements of an incredibly diverse range of industrial use cases. This requires operators and vendors to work together and keep innovating based on in-depth insight into industrial challenges.

Third, a thriving industrial 5G device ecosystem is key. Huawei estimates that the average price of 5G modules will level out at around US$100 by the end of 2020, and hit US$40 by the end of 2022, which will greatly enrich the 5G device ecosystem.

Fourth, telecoms operators need to develop new capabilities to serve business-facing 5G markets. 5G technology is a critical element in digital transformation, but it’s not a full solution in and of itself. So beyond connectivity, telecoms service providers need to build a range of adjacent capabilities in areas like cloud operations, industry application development, and end-to-end system integration. At the moment, there is a noticeable lack of comprehensive solutions to meet these needs in the enterprise market.

Telecoms operators are in a good position to provide these services. By focusing on connectivity, they can solidify their position as a connection provider in markets where existing network solutions are no longer sufficient. If they develop cloud and integration capabilities on top of that, operators can then provide a combination of connectivity, cloud, and integration services. Different roles have different capability requirements, and Huawei has doubled down on its commitment to helping carriers transform their portfolios as needed.

"5G will create increasingly greater value for industries over the next decade," said Hu in closing. "This means another period of rapid development for the telecoms industry. Moving forward, we will have to overcome a number of difficulties, and every step forward requires change. But I firmly believe that the hardest things are the things worth doing most. Because when you succeed, the results are incredible. We are ready and willing to work with operators, our enterprise customers, and industry partners to push the boundaries of innovation and build a better future for everyone."

At the 2020 Global Mobile Broadband Forum, Huawei will share insights into global industry trends and hot topics with carriers, regulators, partners, and media analysts from around the world. They will explore how innovation in ICT technologies such as 5G and AI can be mutually beneficial to industries and society at large. For more information, please visit: https://www.huawei.com/minisite/mbbf2020/en/

About Huawei
Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We have more than 194,000 employees, and we operate in more than 170 countries and regions, serving more than three billion people around the world.

Our vision and mission is to bring digital to every person, home and organization for a fully connected, intelligent world. To this end, we will drive ubiquitous connectivity and promote equal access to networks; bring cloud and artificial intelligence to all four corners of the earth to provide superior computing power where you need it, when you need it; build digital platforms to help all industries and organizations become more agile, efficient, and dynamic; redefine user experience with AI, making it more personalized for people in all aspects of their life, whether they’re at home, in the office, or on the go.

For more information, please visit Huawei online at www.huawei.com or follow us on:
http://www.linkedin.com/company/Huawei
http://www.twitter.com/Huawei
http://www.facebook.com/Huawei
http://www.google.com/+Huawei
http://www.youtube.com/Huawei

PR Newswire

Visaic Acquires Video Platform Provider YARE Media

Leave a comment

The combined companies will offer a scalable cloud-based content delivery and fan engagement solution

SAN DIEGO, Nov. 12, 2020 — Visaic, Inc., a provider of cloud-based content delivery solutions today announced the acquisition of successful Vancouver-based streaming platform company YARE Media. Together the companies will offer a scalable cloud-based content delivery and fan engagement solution for sports/esports, entertainment and enterprise. 

Under the terms of the transaction, Visaic will acquire all outstanding shares of YARE.

Founded in 2016, YARE launched a streaming platform solution that enables sports properties to quickly enter new territories, gather valuable analytics, and deliver high quality video to connected devices. The service has been embraced by amateur sports associations, professional sports leagues, and major media organizations.

In October, "Canadian Business" ranked YARE in the top 50 of their annual 2020 Startup List, which is the definitive ranking of Canada’s Top New Growth Companies.

"We are excited to bring the YARE team into the Visaic family," stated Kanaan Jemili, CEO of VISAIC: "There are great synergies between our current operations and clients and this new relationship will enable both businesses to accelerate."

YARE offers a range of software tools for broadcasting video content over the Internet. Its largest deployments are in sports and include Canada West Universities Athletic Association, Ontario University Athletics, Rogers Sportsnet Pinty’s Grand Slam of Curling (international), and the Canadian Football League (CFL) International Game Pass.

Hugh Dobbie, CEO of YARE commented, "Combining forces with Visaic will provide our clients a vast array of additional capabilities and technologies to further enable their fan engagement and growth strategies. We’re looking forward to seeing the evolution of our platform expand and service the international markets targeted by Visaic."

YARE’s clients will have access to new channels of distribution.

About Visaic
Formed by a team of streaming industry veterans, Visaic operates a live and on-demand over-the-top (OTT) platform for distribution and monetization of content worldwide and offers cinemas a rich portfolio of live internationally recognized sports and events such as: soccer, basketball, concerts, festivals, and other lifestyle content. Website: www.visaic.com.

About YARE
YARE provides solutions to address changing content distribution models in sports, broadcasting and entertainment. The company focuses on helping organizations implement market strategies that generate new over-the-top (OTT) digital revenues and help grow their audience and brand. Website: www.yaremedia.com

Contact:
Jason Nicol, VP Marketing
(619) 800-5297
info@visaic.com

Related Links :

Home
PR Newswire

TIDAL Adds Millions of Master Quality Tracks, Offering Extensive Catalog of Highest Quality Streaming Audio

Leave a comment

MQA Users have Doubled Since 2019 on TIDAL

TIDAL HiFi Users Now Stream 40% More Tracks in Master Quality than Last Year

NEW YORK, Nov. 12, 2020 — Today, global music and entertainment streaming platform, TIDAL, added millions of tracks in MQA from Warner Music Group to its Masters catalog. TIDAL, in partnership with MQA (Master Quality Authenticated), provides guaranteed delivery of the original sound recording with TIDAL Masters. Now music fans can listen to an expanded Masters catalog, featuring iconic albums from artists such as The Notorious B.I.G., Missy Elliott, LCD Soundsystem, Madonna and more.

MQA, led by Bob Stuart, who this year became the first audio engineer to receive the Prince Philip Award from the Royal Academy of Engineering, has pioneered an entirely new way of coding digital audio based on key insights into how humans hear. Key to the technology is MQA’s built-in authentication to confirm that the listener is getting the exact sound created in the studio. Additionally, MQA addresses the issue that when analogue sound is turned into digital, the process introduces time-smearing artefacts that blur sounds unnaturally. MQA solves these problems, and then the MQA decoder in the TIDAL app ensures the conversion back to analogue preserves the music’s pristine clarity.

Bob Stuart, MQA Founder, explained, "By paying great attention to the nature of sound and the way we hear, MQA opens a clear window and delivers all the detail and nuance of the original song. The music industry’s catalog contains millions of significant performances from the early days of CD where, sometimes, the recording was created in 44.1kHz 16bit and where no alternative existed. We are delighted that Warner Music Group is bringing this content to TIDAL."

"TIDAL Masters offer the best sound available. As consumers’ expectations of high quality experiences increase, TIDAL’s audio innovation sets the bar for music listening," said Lior Tibon, TIDAL COO. "Not only can members hear music exactly as their favorite artists recorded it, but with recent platform enhancements, the experience is as seamless as ever."

In response to listeners’ requests to make it easier to listen to and discover more Masters tracks, TIDAL has added ‘Master Edition’ Artist Radio and Track Radio. TIDAL members can listen to radio stations in the best quality available containing  Masters only songs, uninterrupted. In conjunction, TIDAL is adding the Master Edition of My New Arrivals, a personalized playlist of new music in full master quality audio for members based on their listening habits. Using less bandwidth, MQA technology packages and delivers master quality audio to music fans making MQA files accessible to listeners on-the-go, with any headphones.

To further support a harmonious listening experience, TIDAL recently launched the "Connect" feature, which allows users to stream music from its HiFi tier directly to connected devices, including: Bluesound, Cambridge Audio, DALI, KEF, iFi audio, Lyngdorf, Monitor, NAD, and Naim Audio. Through TIDAL Connect, the platform’s unparalleled lossless audio quality can now be seamlessly experienced on members’ favorite devices with the touch of a button. For more information on how to connect, visit TIDAL.com/Connect

TIDAL offers the largest MQA catalog outside of China. In addition, TIDAL offers music lovers unlimited access to its extensive catalog of over 70 million tracks across all genres, thousands of expertly curated playlists by TIDAL’s seasoned editorial team, and endless artist radio stations.

TIDAL HiFi at a Glance

A TIDAL HiFi membership allows you to listen to the best quality sound based on your settings, selected playback device, and data availability. The HiFi tier offers a number of streaming options, including:

HiFi – High-fidelity sound comes from uncompressed music files. TIDAL HiFi utilizes FLAC, a more robust file format. In contrast, MP3 files are compressed to decrease file size, which can remove audio details, which can reduce sound quality. FLAC offers CD-quality audio in its purest form (1411kbps or 16bit / 44.1kHz)

Master – Authenticated and unbroken files with the highest possible resolution—as flawless as it sounded in the mastering suite. And exactly as the artist intended.

Dolby Atmos – An immersive audio experience. Dolby Atmos Music allows sounds to be precisely placed, adding dimensionality to create a full audio atmosphere.

Sony 360 Reality Audio – An immersive experience using Sony’s spatial audio technology to map out sound at any point or distance from your ears. This new listening experience is the culmination of years of acoustic and physiological studies of how we hear and place sounds.

Learn more on tidal.com/sound-quality 

About TIDAL
TIDAL is an artist-owned global music and entertainment platform that brings artists and fans closer together through unique original content and exclusive events. Available in 56 countries, the streaming service has more than 70 million songs and 250,000 high quality videos in its catalog along with original video series, podcasts, thousands of expertly curated playlists and artist discovery via TIDAL Rising. With the commitment of its owners to create a more sustainable model for the music industry, TIDAL is available in premium and HiFi tiers—recordings which includes Master Quality Authenticated (MQA), Sony’s 360 Reality Audio recordings, and Dolby Atmos Music.

About MQA
Using pioneering scientific research into how people hear, MQA has created a technology that captures the sound of the original studio performance. The master MQA file is fully authenticated and is small enough to stream, while also being backward compatible, so you can play MQA music on any device. MQA’s award-winning technology is licensed by labels, music services and hardware manufacturers worldwide and is certified by the RIAA.

For more information visit www.mqa.co.uk
Follow MQA on: Facebook, Twitter, YouTube, Instagram, LinkedIn
Press site: www.mqa.co.uk/press-and-pr

Related Links :

https://tidal.com

PR Newswire

The 4th Belt and Road Teenager Maker Camp & Teacher Workshop officially launched

Leave a comment

Joint Efforts & Shared Future

BEIJING, Nov. 12, 2020 — Held from October to November 24, 2020, the 4th Belt and Road Teenager Maker Camp & Teacher Workshop is co-sponsored by China Association for Science and Technology (CAST), Ministry of Science and Technology of the People’s Republic of China (MOST) and Chongqing Municipal People’s Government with the strong support from IAP SEP, ECOSF and NASAC. Held online for the first time, this grand event consists of a broad array of exciting online activities such as online science courses, science education forum, speeches by top scientists, live-streaming by Chinese universities, secondary schools and research institutes, science workshop and science show, and the cultural show of different countries. So far, the event has attracted the participation of more than 86,000 participants from 52 countries, regions and international organizations across the globe. The official website of this event is https://2020.brmakercamp.cyscc.org.cn. 

 

PR Newswire

PTT Team Up with Partners to Launch 5G x UAV SANDBOX to Unlock Thailand’s First Restriction-free Drone Testing Area at Wangchan Valley

Leave a comment

BANGKOK, Nov. 12, 2020 — Wangchan Valley invites start-ups, investors, and all interested parties to utilize 5G technology and the first UAV regulatory sandbox in Thailand. Together, both sandboxes will serve as a paradigm shift mechanism to drive Thailand’s innovation ecosystem, since the country’s development is geared towards Industry 4.0.

PTT Team Up with Partners to Launch 5G x UAV SANDBOX to Unlock Thailand’s First Restriction-free Drone Testing Area at Wangchan Valley
PTT Team Up with Partners to Launch 5G x UAV SANDBOX to Unlock Thailand’s First Restriction-free Drone Testing Area at Wangchan Valley

Mr. Auttapol Rerkpiboon, President & CEO of PTT, stated that the Wangchan Valley development project in the Easter Economic Corridor (EEC) covers 3,454 rai of land in Wangchan District, Rayong. PTT proudly presents the project and welcomes all stakeholders for their participation. This project is in accordance with the "Powering Thailand’s Transformation" vision to jump start Thailand through the transformation period.

PTT fully commits to maintaining its core businesses’ strength and creating new businesses in order to maintain PTT Group’s growth and facilitate Thailand’s transformation through technologies and innovations.

Mr. Wittawat Svasti-Xuto, Chief Technology and Engineering Officer of PTT, explained that the 5G x UAV SANDBOX will uncover the full potential of 5G and UAV technologies and incubate innovative business. In this regard, PTT and partners will jointly develop a range of technological infrastructure, as follows:

  • CAAT: as the regulator of Thai aerial transportation, facilitates to make Wangchan Valley the first restriction-free drone testing area
  • NBTC: as the regulator of the Thai telecommunication spectrum, supports the trial of 5G network in Wangchan Valley and also aims to benefit commercial uses.
  • NSTDA is the key state agency overseeing the Eastern Economic Corridor of Innovation (EECi) and is providing support of developing drone skills related to flight controls for interested individuals.
  • AIS is teaming up with VISTEC to develop an engineering drone to help monitor and maintain assets and property.
  • TRUE is developing and testing drone patrols to eliminate blind spots and secure perimeters.
  • DTAC is developing ultra-HD video surveillance capable of providing responsive control system.

PTT would like to invite interested parties to jointly develop and take advantage of the ecosystem and infrastructure at Wangchan Valley. Participants will receive investment incentives from the Board of Investment (BOI). The BOI’s incentives, including a corporate tax exemption for up to 13 years, import tax waivers for machinery and raw materials, personal income tax of 17%, Smart Visa program for experts and family members, and One Stop Service Center for investors’ convenience. For more information, please email: info@wangchanvalley.com.

Android, Mobile, News

HONOR 10X Lite Unveiled With 5,000mAh Battery & Kirin 710A

Leave a comment

HONOR has released its newest model, the HONOR 10X Lite. The company’s latest offering for budget users brings together performance and features in a complete package that won’t break the bank. It carries the same promises for performance and long-life battery as its predecessors.

Source: HONOR

The HONOR 10X comes with a 6.67-inch display with a Full HD+ resolution of 1080×2400 pixels. It also has a 90.3% screen to body ratio for a more immersive display experience. The smartphone runs atop the HiSilicon Kirin 710A octa-core processor. This is support with 4GB RAM and 128GB of internal memory which is expandable with up to an additional 512GB with a microSD card.

Software-wise, the HONOR 10X Lite runs on Android 10 with EMUI 10.1. This also means that the smartphone will come with HUAWEI’s HMS platform which does not support Google Mobile Services. It also comes with an improved Multi-Window Mode and a new eBook mode.

In the camera department, the HONOR 10X Lite houses a quad-camera setup. This includes a 48-megapixel primary sensor, an 8-megapixel wide-angle sensor, a 2-megapixel depth sensor, and a 2-megapixel macro sensor. The front camera is an 8-megapixel sensor housed within the punch-hole on the display.

The phone is powered by a 5000mAh battery that supports 22.5W SuperCharge. HONOR touts that the smartphone will be able to last up to 38 hours on 4G LTE connectivity with a single charge. SuperCharge will allow users to get fully charged in only 95 minutes.

Pricing & Availability

Source: HONOR

The HONOR 10X Lite will be available in three colours:  Midnight Black, Emerald Green, and Icelandic Frost. It is already available in Russia and other markets in Europe for €229.90 (MYR1118.93/USD$270.63). No news yet on when the phone will be making its way to Malaysia.

HONOR teamed up Wattpad to launch the Emerging Writers Program

Together with their new phone, HONOR also announced the Emerging Writers Program; an initiative to spur creativity among amateur and professional writers. In line with the brand’s vision of spurring self-expression and appealing to the younger generation, the Emerging Writers program looks to find up and coming writers and highlight the many features of HONOR’s latest smartphone in creating new experiences on screen and off. HONOR and Wattpad are planning to invite write across the globe to share their short stories about their dream and hope after this pandemic lock-down.

PR Newswire

Semicon Light, a company possessing the original technology of silver free-flip chip LED, will actively respond to patents

Leave a comment

YOUNGIN-SI, South Korea, Nov. 12, 2020 — Semicon Light plans to actively respond to the patents to protect the original technology, "Silver- Free Flip Chip LED".

Logo of SEMICON LIGHT Co., Ltd
Logo of SEMICON LIGHT Co., Ltd

Semicon Light, a company specializing in manufacturing flip-chip LEDs, developed the silver-free flip-chip technology for the first time and holds original patents related to the flip-chip LEDs’ reflective layer. It is a Korean LED chip manufacturer listed on the KOSDAQ market in 2015, and has about 250 flip chip LED-related patents registered in Korea and other countries such as the United States and China.

Semicon Light’s silver-free flip chip is a new type of flip chip instead of the existing horizontal LED chip, and adopts a method of inverting the LED chip and directly fusing it onto the substrate without separate wire bonding. It is a technology that can realize ultra-high reflectance and high reliability through the oxide matirials(DBR, Distributed Bragg Reflector). In addition, it can significantly improve the performance of the elements by being easily applied to ultra-small LEDs such as Mini or Micro LEDs, which are rapidly forming the market recently.

The industry predicts that the display market based on mini LEDs will be formed in earnest from next year prior to realizing the display using micro LED, which is the final and ultimate display technology. In fact, according to a report by the market research firm, Trend Force, it is predicted that mini LED TVs will compete equally with W-OLED (White Organic Light-Emitting Diode) TVs in the premium TV market next year.

With such changes in the display markets, flip-chip LED has become an essential technology, not an option. It is expected that Semicon Light’s ‘Silver Free Flip Chip’ technology, which can make LED chips small while maintaining high performance and high reliability, will emerge as an important element technology. It is found that several large LED chip manufacturers in Taiwan and mainland China are adopting the related technologies.

In this context, Semicon Light intends to materialize the patent strategies and will make every effort to secure the competitiveness of our own technologies by actively responding to patent infringement.

According to company officials, "Semicon Light has world-class LED technologies. In particular, we plan to proactively assert our rights against indiscriminate infringement of intellectual property by establishing a dedicated organization to protect our original technologies.

PR Newswire

XL Axiata Selects Solace to Deliver Enhanced Data Offerings for its Customers

Leave a comment

SINGAPORE and JAKARTA, Indonesia, Nov. 12, 2020 — Indonesia’s leading telecommunications services operator, XL Axiata, has chosen Solace to facilitate real-time data flow for its data management mobile application, MyXL.

To cater to the needs of Indonesia’s growing number of mobile Internet users, XL Axiata seeks to drive greater customer engagement and create new revenue streams through data-based services on the MyXL application. The adoption of Solace’s event broker technology underpins critical real-time data flow between XL Axiata’s mobile application and microservices. This allows XL Axiata to build a more powerful, responsive, and feature-rich customer application that can reliably deliver new experiences for their customers by working with partners such as restaurants, hotels, and more.

Before implementing Solace’s event broker technology, the MyXL application ran on a service-oriented architecture. However, with Indonesians’ increasing appetite for online video and social media content in recent years, coupled with the relatively low price of data per gigabyte, XL Axiata needed to re-evaluate its IT infrastructure to handle the unprecedented volume of data consumption. Adopting an event-driven architecture has enabled XL Axiata to ingest all transaction data around its data offerings and distribute it to relevant systems through a centralized platform. With a cloud-friendly system that integrates multiple systems and clouds, XL Axiata can now more easily connect to its partners and modernize its analytics infrastructure to become more real-time to drive targeted and personalized customer experiences.

"Indonesia has one of the world’s highest numbers of Internet users and meeting their demands is no easy feat. We constantly strive to be one step ahead by providing the best possible services and experiences for our customers. Working with Solace has helped to future-proof our MyXL application to easily onboard new systems and partners. It also helps us to roll out new services like 5G, which will enable next-generation applications for our customers," said Yessie D Yosetya, Director & Chief Information-Digital Officer, XL Axiata.

"Our vision is to empower our customers to continuously improve their service offerings by leveraging real-time data," said Kent Nash, General Manager, Middle East, Asia Pacific & Japan, Solace. "We are thrilled to be supporting one of Indonesia’s leading telecommunications providers in its digital transformation journey to bring about better data services for Indonesian consumers. This partnership with XL Axiata marks an exciting new milestone for Solace in the region as we seek to support more businesses in achieving real-time responsiveness."

About PT XL Axiata Tbk
PT. XL Axiata Tbk (XL Axiata) is one of the leading telecommunications companies in Indonesia, focusing on providing digital services to facilitate the daily activities of the Indonesian society while encouraging the development of Indonesia’s digital economy. XL Axiata started operating commercially since October 8th, 1996. As of now, the company provides a variety of services to retail users and corporate customers, supported by quality and wide network throughout Indonesia. Since December 2014, XL Axiata has implemented the 4G LTE network, then followed by the development of commercial 4G LTE network on a national scale and quality back in July 2015. XL Axiata is part of the Axiata Group together with Celcom (Malaysia), Dialog (Sri Lanka), Robi (Bangladesh), Smart (Cambodia), and Ncell (Nepal). Learn more at xlaxiata.co.id. 

About Solace
Solace helps large enterprises become modern and real-time by giving them everything they need to make their business operations and customer interactions event-driven. With PubSub+, the market’s first and only event management platform, the company provides a comprehensive way to create, document, discover and stream events from where they are produced to where they need to be consumed – securely, reliably, quickly, and guaranteed. Behind Solace technology is the world’s leading group of data movement experts, with nearly 20 years of experience helping global enterprises solve some of the most demanding challenges in a variety of industries – from capital markets, retail, and gaming to space, aviation, and automotive. Established enterprises such as SAP, Barclays and the Royal Bank of Canada, multinational automobile manufacturers such as Renault and Groupe PSA, and industry disruptors such as Jio use Solace’s event broker technologies to modernize legacy applications, deploy modern microservices, and build an event mesh to support their hybrid cloud, multi-cloud and IoT architectures. Learn more at solace.com.

Media Contacts
Tri Wahyuningsih
Group Head Corporate Communications XL Axiata  
TriWahyu@XL.co.id
+62817113369

RICE for Solace
solace@ricecomms.com
+65 3157 5685

Logo – https://mma.prnasia.com/media2/1142738/Solace_Logo.jpg?p=medium600

Related Links :

https://solace.com

PR Newswire

Blue Hat Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Leave a comment

XIAMEN, China, Nov. 12, 2020 — Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced  it has received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market, since the closing bid price for the Company’s common shares listed on Nasdaq was below US$1.00 for 30 consecutive trading days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.

The notification has no immediate effect on the listing of the Company’s common shares on Nasdaq.

In accordance with Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of notification, or until May 5, 2021, to regain compliance with the minimum bid price requirement during which time the Company’s ordinary shares will continue to trade on the Nasdaq Capital Market. If at any time before May 5, 2021 the bid price of the Company’s ordinary shares closes at or above US$1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the minimum bid price requirement. In the event the Company does not regain compliance by May 5, 2021, the Company may be eligible for additional time to regain compliance or may face delisting.

The Company intends to monitor the closing bid price of its ordinary shares between now and May 5, 2021, and intends to cure the deficiency within the prescribed compliance period.

About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at . The Company routinely provides important information on its website.

Forward-Looking Statements 
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

Investor Relations:

The Equity Group Inc.

In China

Adam Prior, Senior Vice President

Lucy Ma, Associate

(212) 836-9606

+86 10 5661 7012

aprior@equityny.com

lma@equityny.com

 

Related Links :

http://www.bluehatgroup.net

PR Newswire

MAS Seeds and Nature Source Improved Plants join forces in a long-term agreement to accelerate and streamline maize breeding

Leave a comment

MONT DE MARSAN, France and ITHACA, N.Y., Nov. 12, 2020 — MAS Seeds and Nature Source Improved Plants (NSIP) announced today the formation of a long-term research partnership. This strategic collaboration will benefit from the expertise of both sides to further accelerate the application of breeding technologies. The partnership will initially focus on maize breeding but may expand to other crops in the future.

MAS Seeds and NSIP will work together to improve the application of an Integrated Package of NSIP’s Breeding Technologies and Services. The collaboration will combine well-established breeding programs, germplasm, trialing networks, and predictive analytics of MAS Seeds with NSIP’s advanced analytics and comprehensive suite of computational breeding technologies and expertise. This new partnership expands and deepens the relationship between the two companies, which has been ongoing for more than 6 years.

With a joint technology platform, both companies aim to further develop predictive breeding technologies to bring genetic innovation into the world market faster and more precise to help farmers increase productivity. This will be accomplished by increasing the rate of genetic improvement, streamlining, and optimizing R&D costs.

Steven Tanksley (Chief Technology Officer, NSIP):  "NSIP is excited to be providing both its expertise and advanced analytical tools in this partnership with MAS Seeds to develop higher performing maize varieties for the benefit of farmers and consumers worldwide."

Michaël Fourneau (Head of Research and Development): "We are delighted to combine our efforts in breeding. This partnership will allow us to create new hybrids combining our genetic with native germplasm to meet new sustainable agriculture challenges."

Watch video interview for this press release.

About Nature Source Improved Plants (NSIP)
Established in 2006, Nature Source Improved Plants (NSIP) is an advanced optimization analytics company located in New York, USA and Chiapas, Mexico; and dedicated to the conservation,  evaluation and utilization of natural genetic resources to deliver  high performing plant materials and creating value and efficiency through innovative and  sustainable cutting-edge technologies for the global community. NSIP is focused on maximizing genetic performance via a unique pipeline of new breeding technologies based on genomics, operations research and other advanced fields of mathematics and computer science. NSIP’s advanced genetics and breeding technologies have resulted in significant increases in productivity and quality across a wide variety of field, vegetable, perennial and orphan crops, while minimizing R&D costs.  NSIP is also focused on the development of high throughput and high-fidelity in vitro propagation techniques to meet the needs of growers – especially those involved in the production of perennial plantation crops. Management: Suresh Prabhakaran (Chief Operating Officer), Alfonso Romo Jr. (CEO)

For more information about NSIP, please visit NSIP, Facebook, LinkedIn, YouTube

About MAS Seeds
MAS Seeds is the subsidiary of MAÏSADOUR Group in the South-West France. With 70-year experience in seed business, today, MAS Seeds is structured around three professions: hybrid breeding (maize, sunflower and oilseed rape), seed production and commercialization. As one of Europe’s leading hybrid seed producer, the company holds 25,000 ha production capacity representing 2.5 million bags of seeds (corn, sunflower, winter oilseed rape, alfalfa, sorghum, cereals and fodder) whereas two thirds of its production is made in the South-West France. MAS Seeds has 13 subsidiaries and makes 85% of its turnover outside France in 50 countries in Europe, Africa, Asia and Americas.  In fiscal year 2019/20, around 700 full time employees working in 23 countries has generated around 155 million € turnover, of which 12% was invested in research and development. MAS Seeds’ mission is to provide high quality seeds and innovative solutions to help farmers increase the value of their production and their land in a sustainable way. Management: Michael Fourneau (Head of Research and Development), Jacques Groison (CEO) and Jean-Luc Capes (Chairman)

For more information about MAS Seeds, please visit: MAS Seeds, Facebook, LinkedIn, Twitter, YouTube

 

Press contact

MAS Seeds

NSIP

Burcin DILCI

Head of Communications and Brand Management

+33 6 87 70 23 62

dilci@maisadour.com

Suresh PRABHAKARAN

Chief Operating Officer

+1 317 989 0035

sprabhakaran@nsiplants.com   

 

Related Links :

https://nsiplants.com/

http://www.nsiplants.com