Monthly Archives: September 2021

PR Newswire

Weidai Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price on August 31, 2021

Leave a comment

HANGZHOU, China, Sept. 25, 2021 — Weidai Ltd. (the "Company" or "Weidai") (NYSE: WEI), a leading auto-backed financing solution provider in China, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated August 31, 2021, notifying Weidai that it is below compliance standards due to the trading price of its American Depositary Shares (the "ADSs").

Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its share price and average share price back above US$1.00 by six months following receipt of the notification. The company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the company has a closing share price of at least US$1.00 and an average closing share price of at least US$1.00 over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month cure period, both a US$1.00 closing share price on the last trading day of the cure period and a US$1.00 average closing share price over the 30 trading-day period ending on the last trading day of the cure period are not attained, the NYSE will commence suspension and delisting procedures.

To address this issue, the Company intends to monitor the market conditions of its listed securities and is still considering its options.

About Weidai Ltd.

Weidai Ltd. is a pioneer and leading auto-backed financing solution provider in China supported by sophisticated and effective risk management system and technology. The Company transforms used automobiles, a type of "non-standard" collateral, into investable assets, to provide accessible credit for China’s small and micro enterprises, and connects the borrowers with institutional funding partners through its platform.

For more information, please visit http://weidai.investorroom.com/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "target," "confident" and similar statements. Weidai may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Weidai’s beliefs and expectations, are forward-looking statements. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited the following: Weidai’s goal and strategies; Weidai’s expansion plans; Weidai’s future business development, financial condition and results of operations; Weidai’s expectations regarding demand for, and market acceptance of, its solutions and services; Weidai’s expectations regarding keeping and strengthening its relationships with borrowers, investors and financial institutions and other platform participants; general economic and business conditions; Weidai’s assumptions underlying or related to any of the foregoing regulations and governmental policies relating to the online consumer finance industry in China; its ability to comply with existing or future laws and regulations related to data protection or data security; and Weidai’s ability to meet the standards necessary to maintain listing of its ADSs on the NYSE, including its ability to cure any non-compliance with the NYSE’s continued listing criteria; litigation and negative publicity surroundings China -based companies listed in the U.S.; and the duration of the COVID-19 outbreak, including the emergence of COVID variants, and its potential impact on the Company’s business and financial performance. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Weidai does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
Christensen
Mr. Rene Vanguestaine
Tel: +86-10-5900-1548
E-mail: rvanguestaine@christensenir.com  

In US:
Christensen
Ms. Linda Bergkamp
Tel: +1-480-614-3004
E-mail: lbergkamp@christensenir.com

Related Links :

http://www.weidai.com.cn

PR Newswire

Shark’s Smartest Robot Yet Features AI Technology Similar to Self-Driving Cars

Leave a comment

Forget about vacuuming for up to two months with Shark’s smartest and most premium self-empty robot

NEEDHAM, Mass., Sept. 25, 2021 —  Consumers are on the hunt for products that do more for less, and the search for top-of-the-line yet affordable robots is no different. That’s why Shark®, (HKEX: 1691.HK), the brand in vacuums*, is excited to introduce its newest and smartest innovation – the Shark® AI Robot Self-Empty XL– with next-gen intelligence and AI Laser Navigation™, UltraClean Mode™, and a HEPA 60-day capacity base that traps harmful dust and allergens.

 

The Shark® AI Robot Self-Empty combines the latest innovations, including AI Laser Navigation™, UltraClean Mode™, and a HEPA 60-day capacity base to collect and trap dust and allergens. Available now on SharkClean.com for $599.99.
The Shark® AI Robot Self-Empty combines the latest innovations, including AI Laser Navigation™, UltraClean Mode™, and a HEPA 60-day capacity base to collect and trap dust and allergens. Available now on SharkClean.com for $599.99.

Next Generation Intelligence and AI Laser Navigation

Based on the laser navigation technology and similar AI algorithms found in self-driving cars, it allows the robot to detect and avoid objects as it cleans. Unlike traditional camera-based vSLAM technologies in other robots that point up at the ceiling, the Shark® AI Robot Self-Empty XL uses 360-degree LIDAR laser-based technology, scanning at floor level to clean and adapt its pathway with precision. Next-gen technology also allows it to efficiently clean row-by-row, target areas for deep cleans and customization, and it can do it all anytime – day or night.

Customized Cleaning control, at your fingertips

Using the newly redesigned SharkClean® app, Amazon Alexa, or Google Assistant, consumers can schedule whole-home cleans or target specific areas like rooms, high-traffic zones or spots for immediate cleaning. The robot intelligently travels to a precise spot on-demand, and with increased suction power, cleans in multiple directions for a deeper clean. Users can select UltraClean Mode™ to enable the robot to intelligently travel to targeted areas and with increased suction power, it cleans in multiple directions for a more thorough deep-clean. UltraClean Mode™ offers increased performance such as 50% more pet hair pick-up1 with no hair wrap and 30% better carpet cleaning2.

"Precision cleaning, intelligence and convenience come together in our most premium robot vacuum to date," said Tim Moore, Shark’s Executive Vice President, Shark Engineering. "The AI Laser Navigation™ mapping technology is so accurate that the robot can sweep at night and in the dark, so we can wake up to clean floors. It’s like the Shark® AI Robot Self-Empty XL makes cleaning in your sleep possible."

With up to 2-hours of runtime and more suction versus the iRobot Roomba i7+, the Shark® AI Robot Self-Empty XL picks up hair and large debris with no hair wrap using Shark’s Self-cleaning Brushroll. As Shark’s best edge and corner cleaning robot, users can customize the robot’s power levels and clean closer to hard-to-reach areas.

After its mapped route is complete, the robot vacuum automatically returns to its base, charges, and empties its dustbin into a bagless, self-emptying base that holds up to 60 days of dirt and debris. The base uses its HEPA filtration to capture and trap 99.97%3. of dust and allergens to ensure that it stays out of your home’s environment.

Pricing and Availability

Shark® AI Robot Self-Empty XL is available for $599.99 on SharkClean.com, and other major retailers including Amazon, Best Buy, and Target, and more starting Monday, September 20.

About Shark: 

Shark is one of several house-care brands developed by SharkNinja Operating LLC, a pioneer in small household appliances and cleaning solutions that fit the lifestyles of busy people all over the world. By providing highly functional, innovative products, SharkNinja has rapidly carved out a significant market share in the housewares industry, becoming one of the leading companies in this sector. From cutting-edge, ultra-powerful vacuums to high-quality at-home coffee systems, SharkNinja products positively impact people’s lives every day in every home around the world.

* Source: The NPD Group / Retail Tracking Service, 12ME December 2020, combined U.S dollar sales – canister vacuums, electric carpet sweeper, hand vacuums, stick vacuums, upright vacuums, workshop vacuums, robotic vacuums (suction, suction and brush, multi-function) and bare floor cleaners (without steam)

1in UltraClean Mode™ vs. RV1100AE

2vs. RV2502AE single pass coverage, tested with sand on level loop

^3 down to .3 microns

Media Contact: Samantha Blair, Senior Manager, Influencer and PR – 413-427-5990  

PR Newswire

Color Star Technology Co., Ltd. Announces Entry into Agreement for Registered Direct Placement of Approximately $21.5 Million Ordinary Shares and Warrants

Leave a comment

NEW YORK, Sept. 24, 2021 — Color Star Technology Co., Ltd. ("Color Star" or the "Company") (NASDAQ: CSCW), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence (AI) in the entertainment industry, today announced that it has entered into a securities purchase agreement with certain institutional investors for a registered direct offering of ordinary shares and warrants. Each unit consists of one ordinary share and one warrant to purchase 0.7 ordinary share. The purchase price per unit is $0.68. The gross proceeds from the sale of the securities, before deducting placement agent fees and other estimated offering expenses payable by the Company, will be approximately $21.5 million. The Company will issue to the investors an aggregate of 31,624,924 ordinary shares and warrants to purchase an aggregate of 22,137,446 ordinary shares. The Company will also issue a warrant to purchase 948,747 ordinary shares to the placement agent. The investor warrants and placement agent warrants are initially exercisable at $1.00 per share.

The net proceeds from this offering will be used for general corporate and working capital purposes. The completion of the placement is expected to occur on or about September 28, 2021, subject to the satisfaction of customary closing conditions.

FT Global Capital, Inc. is acting as the exclusive placement agent in connection with the offering.

The securities described above are being offering by Color Star. pursuant to a registration statement on Form F-3 (File No. 333-236616) that was previously filed with the Securities and Exchange Commission (SEC) and declared effective on March 10, 2020. Such shares of common stock and warrants may be offered only by means of a prospectus, including a prospectus supplement. A prospectus supplement and accompanying prospectus related to the offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

For further information regarding this transaction, please see the Form 6-K to be filed with the SEC.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an entertainment and education company that provides online entertainment performances and online music education services. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company’s online education is provided through its Color World music and entertainment education platform. More information about the Company can be found at www.colorstarinternational.com.

Forward-Looking Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market in China and other countries where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

 

Accessories, Computers, Gaming, News

Razer Launches the Kaira X Gaming Headphones for Console Gaming

Leave a comment

Console gaming is undoubtedly the most popular form of gaming in the video games industry. To be fair, console gaming has made AAA video games experience a lot more accessible to the masses. At prices below MYR 3,000, you are getting a highly advanced hardware that could play you the most graphically demanding titles at up to 4K and at up to 120fps at that. For a PC to do that, you might want to spend way north MYR 5,000 at this point.

Razer, being the one most recognized gaming peripherals brand in the world cannot call themselves a gaming brand if they do not cover or cater to a large majority of the gaming industry that is the console gaming crowd. Of course, the three-headed snake company makes peripherals specific to the PlayStation and Xbox. You have specific tournament and high-end controllers from Razer. Now, Razer also makes gaming headphones specifically for the latest next-generation gaming consoles.

Welcome to the Razer Kaira X, the essential gaming headphone for both the Xbox and PlayStation platform. As per the naming scheme of the peripherals, the Razer Kaira X is a budget version of the Razer Kaira. That does not mean that it is less featured and less powerful than the Kaira though.

The Razer Kaira X is still a powerful headphone with 50mm TriForce drivers delivering high-power audio directly into your ears. The new TriForce drivers are supposed to deliver improved frequency separation delivering crisp highs, clear mids, and deep bass. For in-game chats, there is the boom-mounted Razer HyperClear Cardioid Microphone that has a specific pick-up pattern to exclude unwanted background noise.

  • 18 Kaira Environment F v5
    Source: Razer
  • 04 Kaira Product Shot D v4
    Source: Razer
  • Kaira X 2021 PS Render 4 1
    Source: Razer
  • Kaira X 2021 PS Render 1
    Source: Razer
  • Kaira X 2021 PS Render 2
    Source: Razer
  • Kaira X 2021 PS Render 3
    Source: Razer

At the same time, the Kaira X features on-headset controls for quick adjustments on-the-fly. The Flowknit Memory Foam cushions on the earcups and headband are made for ultimate comfort and should keep you going in long gaming sessions. Instead of the Kaira’s wireless nature, the Kaira X features a 3.5mm connection. That also means that it is compatible not only with the PlayStation and Xbox, but your PC as well.

The Kaira X for Xbox and Kaira X for PlayStation is now available in Malaysia. You can get your hands on one via authorised dealers across the country or from Razer.com. The Kaira X is available in classic black and white, Shock Blue, Pulse Red, and Electric Volt colour options. The new headphones for the next-generation consoles retails at MYR 299.90. More information on the Kaira X can be found on their website.

PR Newswire

Moomoo Sponsors FinTwit Conference October 8-10th, 2021 Hosted by Jonah Lupton in Orlando, Florida

Leave a comment

PALO ALTO, Calif., Sept. 24, 2021 — Moomoo, the popular smart investing platform for proactive traders, has announced its sponsorship and support of the FinTwit 2021 Conference. This event is hosted by entrepreneur and growth investor Jonah Lupton and will be held at The Ritz-Carlton and JW Marriott resorts in Orlando, Florida from October 8 – 10, 2021.

The conference brings together Key Opinion Leaders (KOLs) from the investing and financial world of what is known as "Financial Twitter" group. Jonah Lupton of Lupton Capital created this event to provide a platform for prominent KOLs to kickstart discussion around investing strategies and innovation at an in-person event. The conference offers an incredible networking opportunity for individuals at any investing level. FinTwit gives attendees the rare opportunity to interact with some of the best and brightest minds in the #FinTwit world.

"For the first time ever, leaders of the #FinTwit group will congregate in-person and share investing strategies, tips and tricks, and predictions for where the industry is going," said Mr. Lupton. "It is an honor to have an equally passionate company like moomoo sponsor and support this event. Attendees can look forward to inspiring keynotes on topics ranging from portfolio construction to fundamentals based research to mastering technical investing and finding breakout winners. Themes will be even more diverse at the Sunday roundtable event which will include nearly twenty tables that are each home to a different discussion topic."

Moomoo and Jonah have partnered several times on past initiatives aimed at helping educate investors on the tools and features the moomoo app offers. Jonah is a proponent of moomoo’s parent company’s stock, Futu Holdings Ltd. (NASDAQ listed FUTU). Moomoo has also previously partnered with Benzinga, a leading financial news and media website, that will be serving as FinTwit’s sole media sponsor.

"We’re thrilled to help bring together some of the biggest forces in the U.S. investing world at this event," said Mr. Leaf Li, Futu’s Founder, Chairman, CEO & Chairman of the Technology Committee. "The networking and educational opportunties for investors at all levels will be unmatched."

For more information on this event, including where to buy tickets, please visit: www.fintwit2021.com.

The opinions and beliefs expressed in any form by the KOLs or others at the FinTwit Conference are their own and do not necessarily represent or reflect the opinions or beliefs of Moomoo Inc. or any of its affiliates. Moomoo and its affilaites do not accept any responsibility or liability for the accuracy, content, or reliability of any such opinion and belief. Republication by Moomoo, in any form, of an opinion or belief expressed at the FinTwit Conference should not be considered an endorsement or a guarantee of its accuracy.

About Moomoo Inc.

Headquartered in Palo Alto, California, Moomoo Inc. is an indirect wholly-owned subsidiary of Futu Holdings Limited (Nasdaq: FUTU), with its mission to transform personal investing experience with an intuitive user interface, fully digitized trading platform in the US and globally. For more information about moomoo, please visit the company’s official website, www.moomoo.com.

 

 

PR Newswire

BANDAI NAMCO Group’s Co-creation Program, “GUNDAM x Future Technology,” to Face Social Issues; “GUNDAM OPEN INNOVATION” Application Period Extended

Leave a comment

TOKYO, Sept. 24, 2021 — Special Content from Directors behind Yokohama’s "moving GUNDAM" Available through Official Website; New Application Period: July 15-October 15, 2021–

(Logo: https://kyodonewsprwire.jp/prwfile/release/M106357/202109170267/_prw_PI3fl_2oD6kv0W.png)

BANDAI NAMCO Group has begun a GUNDAM-powered, sustainability project, "GUNDAM UNIVERSAL CENTURY DEVELOPMENT ACTION (GUDA)," and brought together fans worldwide along with many external partners to plan and take upon a variety of initiatives for the children of the future. As part of the initiative, "GUNDAM OPEN INNOVATION" was established in an effort to gather new ideas and technologies that can face the many issues found within society such as population and global environmental problems. To further promote the initiative, a decision has been made to extend the application period for one additional month.

(Image: https://kyodonewsprwire.jp/prwfile/release/M106357/202109170267/_prw_PI1fl_BQtyIoUN.jpg)

Official Website: https://www.bandainamco.co.jp/guda/goi/en/

What is "GUNDAM OPEN INNOVATION"?

"GUNDAM OPEN INNOVATION" is a program to create future dreams and hopes by revisiting the similarities between the real world and the fictional era of GUNDAM, the "Universal Century," and merging "GUNDAM" with "future technologies" to face the social issues that exist in both worlds.

The vast world of GUNDAM is filled with untapped technologies and possibilities that have yet to become reality. Under the concept of bringing creativity, knowledge, and passion together to bring these fictional technologies and possibilities into reality, an open invitation is being extended to the public to gather innovative ideas and technologies under the theme and field of sustainability to face subjects pertaining to a futuristic society, such as population and global environmental issues, along with looking into space as a viable frontier.

An initial invitation for application was announced back in July this year, with the first-phase deadline set on Sunday, August 15, and a second-phase application deadline set on Wednesday, September 15. An overwhelming amount of applications was received, with many requests for an extended deadline. Under the concept of receiving as many ideas as possible, a third-phase deadline has been decided and set for Friday, October 15, with hope of seeing more ideas to come.

During this opportunity, BANDAI NAMCO would like everyone around the world to consider applying. The initiative is open to everyone worldwide as BANDAI NAMCO looks for a brighter place in the future.

"GUNDAM OPEN INNOVATION" interview video by Chief GUNDAM Officer (CGO), Koji Fujiwara, and the directors of the Yokohama "moving GUNDAM"

An interview video is now available to the public, featuring BANDAI NAMCO Entertainment Corporate Managing Director and CGO, Koji Fujiwara, who is hosting "GUNDAM OPEN INNOVATION," and the directors behind the "moving GUNDAM" that was built last year in Yokohama: Akinori Ishii, Wataru Yoshizaki (Asratec Corp. Director and Chief Robot Creator), and Masaki Kawahara (NOMURA Co., Ltd. Content Integration Center/NOTORA Creative Director).

In the interview, Yoshizaki mentions that, should he participate in the "GUNDAM OPEN INNOVATION" initiative, he would like to develop a machine that recreates the robotic movements depicted within the GUNDAM series such as Zaku’s dexterous and delicate finger motions.

Fujiwara makes mention that, instead of merely recreating the scenes from the GUNDAM brand, he would like to focus on matters that can lead to causes of good, while finding solutions to societal issues under the main objective of "GUNDAM OPEN INNOVATION," which is to incorporate the charm of the GUNDAM brand so that its initiatives can spread throughout the world.

The interview also brings up what the future of GUNDAM holds and how BANDAI NAMCO pushed out the GUNDAM brand in the form of products and services. Fujiwara mentions that, by communicating with GUNDAM fans, he would like to grow GUNDAM from being an IP (Intellectual Property) into an SP (Social Property), an iconic figure for society.

Official "GUNDAM OPEN INNOVATION" website: https://www.bandainamco.co.jp/guda/goi/en/

"GUNDAM OPEN INNOVATION" will be looking forward to many co-creative plans to bring about a vision that will create a sustainable future society with GUNDAM.

*The information herein represents the information according to the date of the press release. Information may be updated without notice after release.

Copyright: https://kyodonewsprwire.jp/prwfile/release/M106357/202109170267/_prw_PI2fl_WWhkh59r.jpg

Related Links :

https://www.bandainamco.co.jp/

PR Newswire

Strategic Investment in proteanTecs from Industry Leaders MediaTek and Advantest Joined by Porsche Automobil Holding SE to Advance Electronics Health Monitoring

Leave a comment

Validates need for multi-segment visibility from production to system operation

HAIFA, Israel, Sept. 24, 2021 — proteanTecs, a global leader in deep data solutions for advanced electronics, announced today a $50 million extension to their Growth Equity Round, demonstrating accelerated market adoption of system health and performance monitoring across multiple verticals. The round extension was led by Koch Disruptive Technologies (KDT) and joined by strategic investors MediaTek and Advantest, together with Porsche SE, the major shareholder of Volkswagen Group, and Allied Group subsidiary Champion Motors, as well as current investors. This brings the company’s total funding to $150 million.

 

Based on deep data derived from Universal Chip Telemetry™ (UCT), proteanTecs provides cloud and edge enterprise SW solutions for electronics’ health and performance monitoring. Addressing end-to-end needs of mission-critical markets, the company serves some of the largest and most technologically innovative companies in Datacenter, Automotive and Communications.

proteanTecs onboards leading investors from multiple verticals
proteanTecs onboards leading investors from multiple verticals

The strategic investment reinforces the growing need for full lifecycle visibility, spanning all segments of the electronics industry. Eli Groner, managing director at KDT, commented: "Since KDT’s first investment in proteanTecs we’ve seen their continued success in scaling and developing their technology, and this new investment is a testament to our confidence in the company. The addition of leading strategic partners across multiple verticals will enable proteanTecs to continue to stay ahead of the curve in the exciting new world of real time electronics monitoring."

One of the main forces driving the paradigm shift to an integrative approach is the automotive industry, which is entering the next phase of its electrification, driven by rising customer demands for safety and connectivity.

Lutz Meschke, member of the board of management responsible for investment management at Porsche SE, said: "Due to the fast-paced technological advancements and the ever-growing requirements for new chip generations, we see an enormous market potential for proteanTecs’ technology leveraging predictive reliability, performance and power management. We see clear benefits and the necessity for the use of this technology across a wide range of industries including the automotive industry." 

Spurred by the progress of the digital revolution, and driven by complexities in design and manufacturing, advanced analytics are also transforming the way production testing is performed. Advantest, a leading manufacturer of automatic test equipment, is strategically reinforcing its core business by integrating traditional silos across the product lifecycle through cloud-based data.

"We are excited to add proteanTecs to our investment portfolio, and to welcome their collaboration in the Advantest Cloud Solutions’ open solution ecosystem", said Doug Lefever, president and CEO of Advantest America.  "The way we are addressing test today has changed. We are strategically transitioning to an integrated methodology, leveraging cloud and edge analytics based on multiple data sources. We look forward to working with proteanTecs on the next phase of semiconductor test, finding innovative and scalable ways to shape the future of test platforms."

Versatile deployment of advanced electronics is another key dynamic driving collaboration. MediaTek, a global semiconductor leader, enjoyed first mover advantage in AI and 5G, providing chipsets for smart home, connectivity, IoT and wearable, ASIC and smart mobile devices.

"The investment in proteanTecs aligns with our commitment to bring cross-platform technologies that help connect users to the world around them", said Brian Hsu, Managing Partner of MediaTek Capital. "Robust, high-efficiency and low-power-consumption ICs are key to driving a scalable digital future. We believe synergies from strong technology portfolios and proteanTecs’ predictive performance capabilities will grow product value and enable unique competitive advantages."

The addition of strategic investors comes on the heels of a momentous year for proteanTecs. In 2020-2021, the company onboarded key customers, including cloud hyperscalers, leading system OEMs, disruptive fabless startups, and ASIC houses, enabling the formation of a value-add solution portfolio. The extended financing will be used to fuel global expansion, accelerate product development, and pursue strategic collaborations.

"The investment will strengthen proteanTecs’ technological and market leadership", said Shai Cohen, CEO and co-founder of proteanTecs. "It solidifies our strategy of bringing together market leaders’ diverse view points to solve a cross-stake challenge, while validating the need for advanced monitoring solutions from design to field. We’re grateful for the existing and new investors’ support and shared vision to bring a common data language to the industry."

About Porsche SE

Porsche Automobil Holding SE ("Porsche SE") is a listed investment company and a major shareholder of Volkswagen AG, in which Porsche SE holds 53.3 percent of ordinary shares and 31.4 percent of capital. In addition to the core holding in Volkswagen AG, Porsche SE is a global investor in the mobility and industrial technology sectors. Porsche SE focuses on high-quality growth companies that thrive on strong macro trends and are led by excellent management teams.

About Advantest Corporation

Advantest (TSE: 6857) is the leading manufacturer of automatic test and measurement equipment used in the design and production of semiconductors for applications including 5G communications, the Internet of Things (IoT), autonomous vehicles, artificial intelligence (AI), machine learning, smart medical devices and more.  Its leading-edge systems and products are integrated into the most advanced semiconductor production lines in the world.  The company also conducts R&D to address emerging testing challenges and applications, produces multi-vision metrology scanning electron microscopes essential to photomask manufacturing, and offers groundbreaking 3D imaging and analysis tools.  Founded in Tokyo in 1954, Advantest is a global company with facilities around the world and an international commitment to sustainable practices and social responsibility.  More information is available at www.advantest.com.

About MediaTek Inc.

MediaTek Incorporated (TWSE: 2454) is a global fabless semiconductor company that enables nearly 2 billion connected devices a year. We are a market leader in developing innovative systems-on-chip (SoC) for mobile device, home entertainment, connectivity and IoT products. Our dedication to innovation has positioned us as a driving market force in several key technology areas, including highly power-efficient mobile technologies, automotive solutions and a broad range of advanced multimedia products such as smartphones, tablets, digital televisions, 5G, Voice Assistant Devices (VAD) and wearables. MediaTek empowers and inspires people to expand their horizons and achieve their goals through smart technology, more easily and efficiently than ever before. We work with the brands you love to make great technology accessible to everyone, and it drives everything we do. Visit www.mediatek.com for more information.

About KDT

Koch Disruptive Technologies (KDT) is a unique investment firm, focused on empowering founders to create a could-be world. KDT provides a flexible, multi-stage investment approach which includes both traditional venture and growth stages. We work with principled entrepreneurs who are building transformative companies, disrupting the status quo, and creating new platforms. KDT is a subsidiary of Koch Industries, one of the largest privately held companies in the world with $110 billion in revenue and operating in more than 70 countries. KDT helps its partners unlock their full potential by bringing Koch’s capabilities and network to them, structuring unique capital solutions, and embracing a long-term, mutual benefit mindset.

About proteanTecs

proteanTecs develops revolutionary Universal Chip Telemetry™ (UCT) for electronic systems throughout their entire lifecycle, increasing their performance and reliability. By applying machine learning to novel data created by on-chip UCT Agents™, proteanTecs provides meaningful insights and visibility unattainable until today, leading to new levels of quality, reliability and scale. Founded in 2017, the company is headquartered in Israel with offices in New Jersey, California and Taiwan. For more information, visit: www.proteanTecs.com.

Press Contact

Tamar Naishlos, Media Relations  

tamarn@proteanTecs.com

 

Related Links :

http://www.proteantecs.com/

Android, Lifestyle, Mobile, News

The Xiaomi 11T Series Has Launched in Malaysia!

Leave a comment

Xiaomi just launched their new Xiaomi 11T series globally last week. This week, the new Xiaomi device is finally here. Well, it was not a long wait anyway.

If you haven’t known yet, the new Xiaomi 11T series is the latest flagship series coming from the Chinese giant. For eagle eyed viewers as well, you will be right in pointing out that the latest Xiaomi 11T does not carry the Mi branding anymore. The Xiaomi 11T series are the first devices not to carry the Mi branding as well.

As per the global launch, they launched the entire Xiaomi 11T line-up including the Xiaomi 11 Lite 5G NE. They also launched the Xiaomi Pad 5 tablet for good measure. At the same time, the launch comes with a few attractive deals.

Xiaomi 11T and Xiaomi 11T Pro

The new Xiaomi 11T series picks up where the Xiaomi Mi 11 left off. You get a very powerful 108-Megapixel main camera. You get a 2x telemacro lens as well alongside an ultra-wide-angle lens to work with. The new 108-Megapixel sensor also allows the Xiaomi 11T devices to shoot videos at 8K resolution with HDR10+ colours. At the same time the Xiaomi 11T and 11T Pro are also equipped with a 6.67-inch Full HD+ 120Hz AMOLED TrueColor displays that can push 1 billion colours at HDR10+ standards. With up to 480Hz touch sampling rate, gaming should be quite an experience with this device.

Xiaomi 11T Pro

  • Xiaomi 11T Pro 01
    Source: Xiaomi
  • Xiaomi 11T Pro black 05
    Source: Xiaomi
  • Xiaomi 11T Pro black 04
    Source: Xiaomi
  • Xiaomi 11T Pro black 03
    Source: Xiaomi
  • Xiaomi 11T Pro black 02
    Source: Xiaomi
  • Xiaomi 11T Pro 11
    Source: Xiaomi
  • Xiaomi 11T Pro 10
    Source: Xiaomi
  • Xiaomi 11T Pro 08
    Source: Xiaomi
  • Xiaomi 11T Pro 07
    Source: Xiaomi
  • Xiaomi 11T Pro 06
    Source: Xiaomi
  • Xiaomi 11T Pro 05
    Source: Xiaomi
  • Xiaomi 11T Pro 04
    Source: Xiaomi
  • Xiaomi 11T Pro 03
    Source: Xiaomi
  • Xiaomi 11T Pro 02
    Source: Xiaomi

The new Xiaomi 11T Pro packs a very powerful Qualcomm Snapdragon 888 System on a Chip (SoC). Because it is a Qualcomm device, you also get speedy charging. It is not like any other fast-charging technology though. It takes fast charging technology to a whole new level. Instead of just charging at a measly 60W speeds, the Xiaomi 11T Pro charges at 120W. How Xiaomi achieves this speed, the Xiaomi 11T Pro splits its large 5,000mAh battery into two and each charge at 60W simultaneously. That results in a full charge in just 17 minutes from nothing. With Dolby Vision and Dolby Atmos, the Xiaomi 11T Pro is an entertainment powerhouse, especially with SOUND by Harman Kardon tuned speakers.

Xiaomi 11T

  • Xiaomi 11T 01
    Source: Xiaomi
  • Xiaomi 11T 02
    Source: Xiaomi
  • Xiaomi 11T 03
    Source: Xiaomi
  • Xiaomi 11T 04
    Source: Xiaomi
  • Xiaomi 11T 05

The Xiaomi 11T packs a MediaTek Dimensity 1200-Ultra chipset instead of the Qualcomm. It does not mean that the Xiaomi 11T is a much less powerful device though. The Xiaomi 11T is a 5G device still. While you do not get 120W in charging speed, the Xiaomi 11T still charges at 67W speed with a 36 minutes 100% charge.

Xiaomi 11 Lite 5G NE

  • Xiaomi 11 Lite 5G NE 01
    Source: Xiaomi
  • Xiaomi 11 Lite 5G NE 06
    Source: Xiaomi
  • Xiaomi 11 Lite 5G NE 05
    Source: Xiaomi
  • Xiaomi 11 Lite 5G NE 04
    Source: Xiaomi
  • Xiaomi 11 Lite 5G NE 03
    Source: Xiaomi
  • Xiaomi 11 Lite 5G NE 02
    Source: Xiaomi

The most budget friendly smartphone device of the bunch is the Xiaomi 11 Lite 5G NE. It does not look anything like the Xiaomi 11T, to be fair. It retains the Xiaomi Mi 11 look. It sports a 6.55-inch AMOLED DotDisplay with Full HD+ resolution with 10-bit TrueColor support with Dolby Vision that makes this Xiaomi 11 Lite an entertainment powerhouse still.

Out the back is 64-Megapixel main camera supported by an 8-Megapixel ultra-wide lens and a 5-Megapixel telemacro lens. Powered by the Qualcomm Snapdragon 778G 5G SoC, the Xiaomi 11 Lite 5G NE is still powerful enough for more AI camera effects and even cinema effects. Keeping all of these working on overtime is a 4,250mAh battery with 33W fast charging technology.

Xiaomi Pad 5

  • Xiaomi Pad 5 2
    Source: Xiaomi
  • Xiaomi Pad 5 Cosmic Gray 6
    Source: Xiaomi
  • Xiaomi Pad 5 Cosmic Gray 4
    Source: Xiaomi
  • Xiaomi Pad 5 Cosmic Gray 3
    Source: Xiaomi
  • Xiaomi Pad 5 Cosmic Gray 2
    Source: Xiaomi
  • Xiaomi Pad 5 Cosmic Gray 1
    Source: Xiaomi
  • Xiaomi Pad 5 Pen
    Source: Xiaomi
  • Xiaomi Pad 5 Pen 5
    Source: Xiaomi
  • Xiaomi Pad 5 Pen 3
    Source: Xiaomi

The new Xiaomi Pad 5 is really an Android tablet that you can look at and ask; “should my Android tablet be more expensive than this?”. While it is not the most powerful Android tablet you can find in the market, it is still a formidable one. It also comes with a smart (Xiaomi Smart Pen) stylus like all the other Android tablets.

The Xiaomi Pad 5 comes with a powerful Qualcomm Snapdragon 860 SoC, a 7nm flagship class SoC that is still very capable despite its age. There is a 13-Megapixel camera out the back and an 8-Megapixel working out front for video calls and selfies, if you are into that kind of thing with a tablet. The display is a very fast 120Hz WQHD+ 11-inch display. The display is also a Dolby Vision display paired to Dolby Atmos quad speakers. All these are powered by a large 8,720mAh battery to keep them running all day.

Price and Availability

The Xiaomi 11T and Xiaomi 11T Pro will be available in Malaysia 2nd of October 2021 onward on Lazada and Shopee, in authorised Mi stores, and other authorised retailers in Malaysia. Xiaomi 11T Pro will start at MYR 2,099 and tops out at MYR 2,299. The Xiaomi 11T will start at MYR 1,699 and tops out at MYR 1,899. Both the Xiaomi 11T and 11T Pro will be available in Meteorite Gray, Moonlight White, and Celestial Blue.

The Xiaomi 11 Lite 5G NE will be available today onward via Lazada and Shopee as well. It will also be available in authorised Mi stores and other official retailers across Malaysia. The Xiaomi 11 Lite 5G NE will come in Truffle Black, Bubblegum Blue, Peach Pink, and a Snowflake White. You can get your hands on one for MYR 1,199 onward and tops out at MYR 1,599 (8GB + 256GB).

The Xiaomi Pad 5 will be available today onward as well on Lazada. Later, you can get the Xiaomi Pad 5 will be available in authorised Mi stores and other official retailers, including on Shopee. The Xiaomi Pad 5 is now available in Cosmic Gray and Pearl White. The Xiaomi Smart Pen is sold separately with no confirmed price and availability yet at this time.

The Xiaomi 11T series goes on pre-order today onward until 29th of September 2021 (11.59 p.m.) with various premium free gifts. Customers stands a chance to win a 43-inch Mi P1 TV when they buy the new Xiaomi 11T series from the 2nd of October to 4th of October 2021 onward. Customers who purchased the Xiaomi 11T series before the 31st of October 2021 will receive one free screen repair within the first six months of purchase on top of a 1+1 year limited warranty. Any purchase of the Xiaomi 11 5G NE will receive a free screen repair within the first six months of purchase.

More information on the Xiaomi 11T, 11T Pro, Xiaomi 11 5G NE, and the Xiaomi Pad 5 can be found on their website.

PR Newswire

The Korea Herald introduces: Korea’s Pyeongtaek to hold 2021 Global Peace and Security Forum to discuss ROK-U.S. alliance and coexistence

Leave a comment

PYEONGTAEK, South Korea, Sept. 23, 2021 — Following announcement covered by The Korea Herald, Pyeongtaek City will host the 2021 Pyeongtaek Global Peace and Security Forum from September 27 to 28 in Seoul, South Korea.

Under the slogan of "Opening A New Chapter of Peace And Security," the forum will take place in a hybrid format according to the COVID-19 quarantine guidelines – a minimum number of on-site participants invited or pre-registered are expected to attend the forum, and those who do not can view the discussions live-streamed on Arirang TV’s YouTube channel.

Pyeongtaek City minimizes the number of on-site guests as well. Only a few figures are expected to appear at the forum to deliver their congratulatory messages. They include Pyeongtaek Mayor Jeong Jang-sun, Minister of Foreign Affairs Chung Eui-yong, Chairman of Pyeongtaek City Council Hong Sun-eui, and National Assembly members Yu Eui-dong and Hong Kee-won.

Song Min-soon, former Minister of Foreign Affairs, will also attend the forum to make his keynote speech about the "Peace Process in Northeast Asia and the Korea-U.S. Alliance." Vincent Keith Brooks, former U.S. military commander, will give a special address online in real-time.

Pyeongtaek City said that this peace and security forum, the first of its kind, will create an opportunity to discuss measures to establish peace on the Korean Peninsula. With this goal, Jung Seung-jo, President of Korea-US Alliance Foundation (KUSAF), and Jeon In-beom, former South Korean Army Lieutenant General, will preside the two main sessions: "The Changing Role of the United States Forces Korea (USFK) According to the Korea-U.S. Alliance and Northeast Asian Security Environment" and "The Role of Pyeongtaek City for the Evolved Korea-U.S. Alliance in Pyeongtaek," respectively.

Since all sessions will be live-streamed on YouTube, those who want to participate in the forum from home and abroad can join the Q&A session and interactively communicate with the speakers in real-time through the video conferencing system.

Mayor Jeong Jang-sun said, "As the central city of the Korea-U.S. alliance, Pyeongtaek is making every effort to discover and lead the role of local governments in the diplomatic and security sectors by holding the Global Peace and Security Forum." He added, "The city will make thorough preparations for the forum to make it safe amid the unprecedented situation of the COVID-19 pandemic."

Computers, News

Microsoft Introduces their Largest Surface Pro Yet

Leave a comment

Microsoft’s Surface Pro has become somewhat of a signature device for the company. Over the years, it has not only changed the way we look at laptops but also changed the way we interact with our computers. It was one of the first devices to blur the line between laptop and tablet. With the Surface Pro 8, Microsoft is further refining its offering by bringing some of the most requested features to the device.

  • Microsoft Surface Pro 8 3
  • Microsoft Surface Pro 8 4
  • Microsoft Surface Pro 8 5
  • Microsoft Surface Pro 8 2

The Surface Pro 8 has the largest display in the history of the lineup. It is equipped with a 13-inch PixelSense Flow Display – up from the 12.3 of the 7. According to Microsoft, the display is 11% larger, 12.5% brighter and 11% higher resolution than the Pro 7. It also supports Dolby Vision and Adaptive Colour Technology. More importantly, it’s the first Surface Pro to come with a 120Hz refresh rate. That said, the high refresh rate will only kick in when needed. It will work in tandem with Windows 11’s variable refresh rate setting to optimise this.

Design-wise, the Pro 8 takes a lot of its design cues from the Surface Pro X – which isn’t a bad thing. The new Pro is slimmer, more ergonomic thanks to some of the design choices. It also comes with a larger keyboard attachment with dedicated space to stow the Surface Slim Pen 2. Speaking of the Slim Pen 2, the stylus now charges in the base and comes with a new, improved haptic motor that is supposed to mimic the intricacies of writing with a pen or pencil. It comes with improved latency and better precision thanks to a redesign of the tip.

Microsoft Surface Pro 8 6

On the inside, the new Surface Pro 8 comes with the latest generation Intel Core i processors. You will be able to choose between the i7 and i5. These will be paired with up to 32GB of RAM and 1TB on internal storage. When it comes to connectivity, the Pro 8 does away with the ageing USB-A port and opts for two USB-C Thunderbolt ports. This is promising as it indicates that the Surface Pro can support external GPUs and multiple 4K displays. It is also Intel EVO certified.

Pricing & Availability

The Surface Pro 8 is available for pre-order already with units expected to ship starting October 5, 2021. Prices start from USD$1099.99 (MYR4,599.67).