Yearly Archives: 2021

PR Newswire

Management change at Mycronic

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STOCKHOLM, Sept. 7, 2021 — Mycronic AB (publ) has today appointed Pierre Brorsson as Chief Financial Officer effective October 25, 2021. A Swedish citizen born in 1972 with a MSc in Business Administration from Linköping University, Pierre is currently working in his own company focusing on Acquisitions and Financial Management. He is today engaged as Integration Manager by Atlas Copco for their newly formed Machine Vision Solution division. He was previously Group CFO at Ramirent between 2016 and 2018 and before that held senior positions both as Financial Manager as well as VP Business Development at Atlas Copco.

"I am very pleased to welcome Pierre to Mycronic", says Anders Lindqvist, Mycronic’s President and CEO. "Pierre has a solid international industrial background from key financial and business development functions in Atlas Copco and Ramirent. I am convinced he has the right skills, experience and drive to contribute to Mycronic´s further profitable growth in several ways. Pierre will in the management team, in addition to the CFO-scope, assume responsibility for Corporate Development, previously lead by Niklas Edling."

Pierre will replace Torbjörn Wingårdh, who has chosen to pursue a career outside the company in connection with the change in organization. Torbjörn will remain in his current role until October 25 and will stay with Mycronic until March 7, 2022, to ensure a smooth transition.

"I would like to thank Torbjörn for his valuable contribution during his 5 years with Mycronic. He has been an important member of the management team during very successful years", says Anders Lindqvist, Mycronic’s President and CEO.
 

For additional information, please contact:
Anders Lindqvist
President and CEO
Tel: +46 8 638 52 00, e-mail: anders.lindqvist@mycronic.com

Sven Chetkovich
Director Investor Relations
Tel: +46 70 558 39 19, e-mail: sven.chetkovich@mycronic.com

The information in this press release was published on September 7, 2021, at 2:00 p.m. CEST

About Mycronic
Mycronic is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment with high precision and flexibility requirements for the electronics industry. Mycronic’s headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, the Netherlands, Singapore, South Korea, United Kingdom and the United States. Mycronic is listed on Nasdaq Stockholm. www.mycronic.com

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https://news.cision.com/mycronic-ab/r/management-change-at-mycronic,c3411058

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Lifestyle, News

Fossil Watches Lose Face in New Update

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Fossil produces what is possibly one of the better Smartwatches available running Android Wear or Wear OS. Their watches manage to capture the allure and feel of traditional smartwatches while bringing it into the future with modern smartwatch functionality. With their recent release of the Wear OS 3 powered Gen 6 smartwatches, it seems like a new update may have just cleaned house; removing a reported 33 watch faces from their library.

The update which was pushed through the PlayStore introduced two new watch faces: Dashboard Digital and Fitness Digital. The new watch faces come with a minimal design but seems to be focused on delivering information that might be important to the Fossil smartwatch owner. Fitness Digital, as the name suggests, focuses on the metrics related to fitness and health; while Dashboard Digital focuses on more essential details.

0823 Gen6 Learnmore Hero9 Group slide3 Desktop@2x
Source: Fossil Group

9to5 Google has reported that with the introduction of the new smartwatch faces, the Fossil Gen 5 lineup also loses 33 watch faces out of the blue. If you were using one of the watch faces listed below, it’s likely you had a rude awakening with the smartwatch reverting to its default watch face when the update was rolled out.

The list of confirmed watch faces is listed below:

  • Big Tic
  • Blue
  • Candice Huffine
  • Colorist
  • Compass
  • Cory Richards
  • Darryl Westly
  • Defender
  • Ettore
  • Flip Digital
  • Fred
  • Grant
  • KJ Apa
  • Magic 8-Ball
  • Mandy Moore
  • McKinney
  • Mechanical Digital
  • Men’s Fashion Digital
  • Minimal Dressy
  • Minimalist Analog
  • Mood
  • Movember
  • Movember Analog
  • Movember Digital
  • No Icon Digital
  • P-51
  • Rainbow
  • Robot
  • Roulette
  • Sail Dial
  • Scarlette Shimmer
  • Speedometer
  • Turn Table

It hasn’t been ascertained if older generations of Fossil smartwatches are affected. That said, the reduction in the number of watch faces could be a good thing when it comes to the Gen 5 Fossil smartwatches. It could indicate that Fossil is preparing the smartwatch for the jump to Wear OS 3. However, nothing has been confirmed by Fossil at the time of writing.

PR Newswire

Mobileum Referenced for 5G Service Assurance and Testing Vendors in 2021 Gartner ® Report Titled, “Market Trend: Expand CSPs’ Monetization With 5G, AI, Edge Compute”

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Testing Requirements Vital to 5G Monetization

CUPERTINO, Calif., Sept. 7, 2021 — Mobileum Inc. ("Mobileum"), a leading global provider of analytics solutions for roaming and network services, security, risk management, testing, and monitoring, is pleased to announce that it has been referenced in the 2021 Gartner report, " Market Trend: Expand CSPs’ Monetization with 5G, AI, Edge Compute".[1] The report identifies Mobileum as a Service Assurance and Testing vendor.

 

 

As CSPs transition to 5G, there are new opportunities to leverage their 5G networks as a service, providing vertical industries, such as industrial automation, security, healthcare, and automotive, the ability to boost connectivity-enabled productivity and innovation. With advanced closed-loop service assurance mechanisms supported by testing and revenue assurance mechanisms in place, CSPs can pursue new business models, such as offering SLA-based pricing according to various levels of quality. However, this requires an integrated testing and charging monitoring solution encompassing the 5G device, radio access, and core network. Mobileum’s Active Intelligence platform is a leading telecom-focused analytics technology with a robust testing infrastructure, automation capabilities, and a widespread set of network interfaces that allows for an active-passive testing and monitoring approach required to support 5G SLA-based business models.

"Due to the nature of dynamic provisioning and the scaling of network capacity and resources brought on by 5G, it’s more important than ever for CSPs to ensure that the quality of service delivered is meeting SLAs and the charges for those services are accurate. We are pleased to have been included in this Gartner report as a company providing this critical business support," stated Ron Haberman, Chief Product Officer at Mobileum.

Mobileum’s Testing and Monitoring and Risk Management solutions provide the service and connectivity customer experience monitoring required to support B2B and B2B2X business models. The in-depth portfolio provides the automation framework and performance intelligence necessary for CSPs to understand the domestic network experience spanning 5G, IoT and eSIM, mobile money, video, emergency service, IMS, voice, data and messaging, core network, to the smartphone and app experience. In addition, it is supporting CSPs across the world to test and monitor the international network experience for their roaming, IoT and connected cars, VoLTE roaming, and international Carrier customers. Recently, Mobileum announced that Audi (AUDVF) is deploying Mobileum’s Connected Car Testing solution to test and monitor the end-to-end quality of service (QoS) of their connected cars and ensure the highest service assurance standards and control over customer experience. 

Sources (available to Gartner subscribers):

[1] Gartner, "Market Trend: Expand CSPs’ Monetization with 5G, AI, Edge Compute", Susan Welsh de Grimaldo, 27 May 2021

Gartner Disclaimer

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be constructed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Mobileum Inc.

Mobileum is a leading provider of Telecom analytics solutions for roaming, core network, security, risk management, domestic and international connectivity testing, and customer intelligence. More than 1,000 customers rely on its Active Intelligence platform, which provides advanced analytics solutions, allowing customers to connect deep network and operational intelligence with real-time actions that increase revenue, improve customer experience, and reduce costs.  Headquartered in Silicon Valley, Mobileum has global offices in Australia, Dubai, Germany, Greece, India, Portugal, Singapore, and UK.

More in www.mobileum.com and follow @MobileumInc on Twitter.

Learn more in https://www.mobileum.com/  and follow @MobileumInc on Twitter.

 

PR Newswire

‘Live Revival’ Sees Fitness Fans Flock Back to Facilities, Finds New Les Mills Report

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Les Mills 2021 Global Fitness Report spotlights how the world will work out post-pandemic, with live workouts and "Omnichannel Fitness" tipped to prevail.

LONDON, Sept. 7, 2021 —

Key findings:

  • Gyms worldwide making strong recoveries, with class attendances at 120% of pre-COVID levels in markets where restrictions have lifted.
  • Two-thirds of gym members prefer working out with others as opposed to alone, with live fitness classes cited as the most popular offering at the gym.
  • Live classes at the gym are more than twice as appealing as livestream options at home, with live Instructors and "the energy of the group" both key factors.
  • But COVID legacy will live on, with 80% of gym members planning to continue using digital workouts post-pandemic in addition to live workouts.
Despite fears the COVID-inspired home fitness boom would spell the end for fitness facilities, the report finds gyms worldwide making strong recoveries since reopening.
Despite fears the COVID-inspired home fitness boom would spell the end for fitness facilities, the report finds gyms worldwide making strong recoveries since reopening.

Gyms around the world are set for a roaring recovery as they emerge from the pandemic, with fitness fans eager to get back to live workouts with friends.

That’s according to a major new report that charts a global ‘live revival’, with fitness fans flocking to facilities for greater motivation and social connection after months of solitary home workouts.

The Les Mills 2021 Global Fitness Report – which features insights from 12,157 consumers across five continents – explores how the pandemic has changed our fitness habits and spotlights the trends that will shape our workouts in years to come.

Despite fears the COVID-inspired home fitness boom would spell the end for fitness facilities, research suggests the majority of members are rushing back to their gym. The report finds gyms worldwide making strong recoveries since reopening, with class occupancy at 120% of pre-COVID levels in markets where capacity restrictions have lifted.

After a year of enforced home workouts, appetite for live fitness experiences in groups is soaring, with 85% of gymgoers interested in trying live classes in their facility.

Two-thirds of gym members (67%) say they prefer working out in groups, while live classes in gyms are nearly twice as popular as online classes that are livestreamed (done by 44% of members vs 23%).

Rockstar Instructors are identified as the single most important factor for gymgoers when choosing a live class, favored by 28%, ahead of the quality of music (24%) and type of class (21%). Quality Instructors are cited as a key component of the live revival, meeting strong consumer demand for added motivation and deeper connection in their workouts.

"After months of being stuck at home, people can’t wait to get back to fitness facilities and enjoy their favorite workouts with familiar faces," says Phillip Mills, Les Mills Founder and Executive Director.

"Much like bars, restaurants, and sports events, fitness is experiencing a real ‘live revival’, as people make up for lost time with a renewed appreciation for real-world social settings.

"Many people have missed the thrill of a busy class led by a rockstar Instructor, and the extra motivation from working out with others.

"But that doesn’t mean home workouts will disappear as we emerge from the pandemic. The digital fitness boom and the growth of home working mean consumers are taking an omnichannel approach to their training, mixing thrilling live workouts at the gym with the convenience of digital workouts at home."

The impact of the pandemic on the fitness landscape is evident throughout the report. The digital fitness boom looks set to last, with 80% of gym members planning to continue using digital workouts post-pandemic.

‘Omnichannel Fitness’ – a blend of in-gym and digital home workouts – is tipped to gain traction as we emerge from the pandemic, with the majority of exercisers (59%) favoring a 60:40 split between gym and home workouts.

Access the full report: https://www.lesmills.com/global-fitness-report/

Media requests: press@lesmills.com

About Les Mills

Les Mills is the global leader in group fitness and creator of 20 programs including BODYPUMP™ and BODYCOMBAT™. Les Mills workouts are delivered by 140,000 certified instructors in 21,000 gyms across 100 countries, as well as via the LES MILLS™ On Demand streaming platform. The company was founded by Les Mills – a four-time Olympian and head coach of New Zealand’s track and field team – who opened his first gym in 1968 to bring elite sports training to the masses.

 

PR Newswire

“Home Funding” is the least considered among retirement and education, but prepared cost is highest, averagely 21.19 million JPY in Japan

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TOKYO, Sept. 7, 2021 — A result of survey was announced by one stop real estate platform service "RENOSY" provided by GA technologies Co.,Ltd. (Headquarters: Minato City, Tokyo; CEO: Ryo Higuchi; Securities Code: 3491; "the Company") regarding "Financial Assets Plans & Housing" among families with annual income of more than 10million JPY with children under schooling age living in major districts of Tokyo.

According to the research, "home funding" is the least considered among "retirement fund" and "educational fund", although these funds together are said to be the 3 major funds in life in Japan. "Lack of adequate knowledge regarding this field" is the answer that has being most frequently answered as the reason. On the other hand, however, home funding costs the most among the 3 major funds when it comes to preparation. People who are planning about spending on real estate usually see it as an investment for oneself and tend to pay more attention to the market price of the real estate property itself and the timing for sell.

Along with the research result, we are looking for providing a more sophisticated service that integrates online and offline elements together for a more elaborate customer service of RENOSY. We want to make experience regarding real estate less complicated by solving all kinds of issues and concerns customer may have (*2).

Research on Attitudes of Asset Building and Housing in JAPAN
Research on Attitudes of Asset Building and Housing in JAPAN

[ Result Summary ]
1."Home funding" is the least considered among the 3 major funds in a person‘s life
2."Lack of adequate knowledge" is the most frequented given answer as a reason
3."Home funding" average preparation fund cost is 21.19 million JPY
4.People who are planning to spending on housing, tend to pay more attention to its market value as an investment and the timing for sell

Outline of the research

Research period: July 19, 2021 – July 21, 2021
Research method: Online questionnaire
Research target: families with annual income of more than 10million JPY with children under schooling age living in major districts of Tokyo. / Both male and female / Age 25 – 45 / Total 550 people

Details

1. "Home funding" is the least considered among the 3 major funds in a person‘s life

"Retirement", "education", "home" funds are said to be the 3 major funds in life.  While more than half of the people being researched answered positively of making plans about "retirement" and "educational "funds. However, there are 27.1% answered with "No plan" when it comes to "home". Together with the people who answered with "Considered, however have not taking any initiative yet" which accounts for 40% of the total.


2. "Lack of adequate knowledge" is the most frequented given answer as a reason

The reason that has been given most frequently of why people tend to skip the planning for home funding, is because of "Lack of sufficient knowledge" which accounts for 27%, followed by "Having savings in the bank is enough for me" which is 22.3%. Other reasons such as "Already own a real estate property", "Already have a plan for housing loan", "No further plan for buying a new house" etc. are also given.

3. "Home funding" average preparation fund cost is 21.19 million JPY

When being asked about the specific amount of fund prepared for housing among people who answered positively, the number rounded up with an average of 21.19 million JPY which is also the highest among the 3 categories.


4. People who are planning to spending on housing, tend to pay more attention to its market value as an investment and the timing for sell

From the result of the research, people who are planning about buying a house of their own tend to view the property as an investment and showing higher interests in the price value of the property and the timing for sell compared to those who are not making any plans regarding purchasing a house.

(4-1) When being asked about "Whether if you prefer to be able to keep up with the assessment information about your owned property (*3)?" 62.5% of people who are making financial plans for housing answered, "Very much", "Do think about that" compared to 32.6% of people who do not have any plans regarding purchasing a house.

(4-2) When it comes to the question where "Are you interested in using AI to do a simulation of the assessment on the property you currently owned (*3)?" 61% of people who are making financial plans for housing answered, "Very much", "Do think about that" compared to 30.5% of people who do not have any plans regarding purchasing a house.

(4-3) While when being asked about "Are you interested in selling the property you owned(*3) with a price other than the one being calculated and suggested by AI simulation?" 40.1% of people who are making financial plans for housing answered, "Very much", "Do think about that" compared to 17.4% of people who do not have any plans regarding purchasing a house.

(*1) The so called 3 major funds in a person’s life is as followed: "Home funding", "Retirement fund" and "Educational fund"

(*2) Related press release: RENOSY: Checking up your property’s market price by AI assessment and more on RENOSY (https://www.ga-tech.co.jp/news/10067/)

(*3) Property purchased not by oneself also included

About RENOSY OWNER‘S MY PAGE
This is an exclusive service for RENOSY members (Memberships are FREE). By applying AI technology, we make all the information such as " estimated market price", "estimated price for rent" and the fluctuations visualizable. Users who are planning about selling or renting the property could access the information on "OWNER’S MY PAGE". On the other hand, for those of whom are interested in real estate investment can check up the latest updates about live streaming announcements about assets management and property investment as well as scheduling appointments with our agents. We offer our customers the most useful information that suits with one’s needs and condition.

About RENOSY
RENOSY is a comprehensive one-stop real estate platform provided by GA technologies under the concept of "making house hunting and assets management easier". With the business vision of "inspiring the world with the power of technology and innovation". The purpose of RENOSY is to make everything about real estate easier for consumers in the field of "rent", "buy", "sell", "lease", "renovate" or "invest", and we provide these services in one-stop. Currently, we have about 20,0000 registered members, and more than 15,0000 existing properties in the center of Tokyo available on our website. GA technologies is working on helping to accelerate the digital transformation of the industry, and to provide a better customer experience through both online and offline.
– Data of the number of RENOSY members: by June 2021 / Data of the number of properties available on the website: by October,2021

About GA technologies
Company: GA technologies Co., Ltd.
Representative: Ryo Higuchi
URL: https://www.ga-tech.co.jp/en/ 
Head office: 40F of Sumitomo Fudosan Roppongi Grand Tower, Roppongi 3-2-1, Minato District, Tokyo
Year of founding: March 2013
Capital fund: 72,859,98310 JPY (As of July 2021)
Services:

  • PropTech real estate services platform: RENOSY (Portal media, Real estate agent service, real estate dealing, renovation service, property management)
  • SaaS type of BtoB PropTech products development
  • Data research and analysis using AI
  • Overseas real estate platform service targets at the Greater China area: Shenjumiausuan, overseas PropTech business

Major group companies: ITANDI, Inc, Modern Standard Co, Ltd., Shenjumiausuan Co.,Ltd and other 8 companies

PR Newswire

Banggood 15th Anniversary Sale Preview: Thousands of Lightning Deals for 48 Hours Starting on September 8

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GUANGZHOU, China, Sept. 6, 2021 — Banggood, a global leading online shop, has released details about some of the massive deals available for all users during the 48-hour-peak of its upcoming 15th Anniversary Sale. From 4:00 p.m. (UTC+8) on September 8 to 3:59 p.m. (UTC+8) on September 10, Banggood will release millions of items – from new gadgets and electronics to home and kitchen essentials and clothing – with big discounts and coupons. Additionally, during this period, users who pre-booked their favorite products with a $1 deposit can pay the balance to receive the lowest price.

Lightning Deals

To celebrate Banggood’s birthday on September 9, Banggood is offering a "$9.9 Bargain Dash" Lightning Deal on top-tier brands, categories, and products. Moreover, customers have a chance to win a Xiaomi Redmi Note 8 2021 for only $0.01. Deals might be snapped up in seconds, so visit Banggood Lightning Deals Center and set an alert before they sell out.

Hot Seller Must-Buy

Banggood’s featured Hot Seller Must-Buy is back with over 100,000 popular items from top brands such as Xiaomi and DJI. Shoppers just need to pay a deposit of $1 or $3 to book their favorite items, and then later pay the rest to get the lowest price. Deposit payments have been available since August 25, and the balance can be paid from 4:00 p.m. (UTC+8) on September 8 to 3:59 p.m. (UTC+8) on September 10 to get up to 80% off discount.

VIP Day

To say a giant thank-you to loyal customers, Banggood VIP members will enjoy exclusive shopping benefits during the 48-hour-peak. 50% discounts can be exchanged with VIP points and free shipping and shopping bonuses are also available. Anyone can register to join Banggood VIP to participate in VIP Day to get access to all the exclusive deals.

Since 2006, millions of customers have turned to Banggood to find the latest goods, including rare items from categories they are passionate about. As one of the most popular online shops globally, Banggood is continuously optimizing its supply chain, sourcing products directly from well-selected manufacturers and working closely with over 3,000 top quality brands. To celebrate the 15th anniversary, almost all these popular brands are participating in the sale for customers to shop for their passions at affordable prices on Banggood.

https://www.banggood.com/aboutBanggood.html  

Android, iOS, Lifestyle, Mobile, News

Switching Between iOS and Android is Painless with WhatsApp Now.

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Switching digital platforms is still a thing in the modern world. Switching platforms today though is harder than ever before, especially when you buy a smartphone. You get to choose between an Android or iOS smartphone if you go out to the market today to buy yourself a new one. Most of the time as well, you are going to stick to what you had before.

There is a reason why it is difficult for you to change platforms when it comes to smartphones. A lot of times, your operating system (OS) and its apps require you to have a functioning account with its particular provider to take full advantage of the system and its ecosystem of apps and services. For example, if you are on an Android smartphone you are required to have a functioning Google account to access Google’s Play Store and their own apps like Gmail and Calendar. Likewise, if you are on an Apple iOS device, you are required to have a functioning Apple account.

There is an added complexity on Android devices too, because Android devices come from different manufacturers. Different manufacturers have their own unique ecosystem too that requires you to have a functional account that could be tied to their ecosystem. One of the most famous ecosystems outside of Apple and Google right now is Samsung’s ecosystem which requires you to have a functioning Samsung account.

Of course, there are ways manufacturers have made porting from one platform to another easier over the years. The most notable effort of all is Samsung’s Smart Switch which makes porting and transferring data over any Android or even Apple device a breeze. It is not perfect though.

For the longest time, one of the most popular messenger apps that is available on both iOS and Android has been the biggest obstacle to switching platforms. That app is WhatsApp. There is a clear problem why too.

WhatsApp stores its data on your device. It regularly backs your messaging data into a cloud storage. On an Android device, the cloud storage of choice is Google Drive, which requires you to run a Google account anyway. On an Apple iOS device, you are relying on Apple’s iCloud storage services, which incidentally requires you to have an Apple account. You can see the problem here in itself.

While transferring your WhatsApp data over from platforms has been impossible if you are doing it over wifi, Samsung has rectified that with the latest Smart Switch version in Samsung’s Galaxy Z Fold 3 and Z Flip 3 announcement. But what if you are not on a Samsung Galaxy device? Or, what if you want to switch from an Android to an Apple instead?

That function is now hitting other Android and iOS devices. The service now allows you to transfer your entire chat history and conversations from one smartphone to another, no matter the platform. The transfer also includes your entire WhatsApp media library for good measure.

Of course, there are some caveats. Your WhatsApp can only be transferred over from one platform to another via a wired connection. At the time of writing, your Samsung Smart Switch will require a USB Type-C connection with the donor Apple device to extra all its data, including WhatsApp data. While WhatsApp have not specified the transfer method, we are assuming that a cabled connection is the most viable way to data to be shared between an Android and iOS device without having to merge and mash Google Drive and Apple iCloud services together.

This opens up a whole other world of possibility for smartphone users though. Since transferring data between platforms are becoming easier, changing your smartphones is a simpler affair than ever before. That also means that the power to decide is now in the hands of the users more than ever. You get to choose which platforms works best for you every single time you want to upgrade your device, and that should mean more competitive pricing on even more powerful devices, especially in between platforms.

PR Newswire

Veoneer products enable level 3 hands-off self-driving tech

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STOCKHOLM, Sept. 6, 2021 — The automotive technology company Veoneer, Inc. (NYSE: VNE) and (SSE: VNE SDB), is proud contributor to the Highly Automated Driving solution in the Mercedes-Benz S-class, equipped to offer level 3 hands-off self-driving tech.

During the fall, Mercedes-Benz’ DRIVE PILOT system is being introduced with greater performance from Veoneer’s Stereo Vision and Radar products to support level 3 self-driving.

Veoneer’s 4th generation stereo vision camera system is comprised of fully integrated hardware and perception software to master the challenges of highly automated driving. The stereo vision camera system uses Convolutional Neural Network (CNN) technology in combination with 3D stereo for accurate classification and positioning of objects in front of the vehicle. Functions enabled by the stereo camera are lane detection, free space, small obstacle detection and 3D objects classification. Additionally, the stereo camera is contributing to the detection of emergency vehicles and construction warning trailers to support level 3 driving.

Veoneer’s 77GHz radar, generation 1.2 including corner radars, offer high range resolution and angular accuracy. The radar has been adapted since launch to additionally support the HAF-Level 3 solution. Veoneer Radars are an important component contributing to the vehicles spatial awareness, which is increasingly important for the HAF-Level 3 use cases. Built upon novel algorithms, the resulting performance provides superior angular resolution allowing the Drive Pilot system to discern pedestrians, and vehicles.

Mercedes-Benz DRIVE PILOT system is a prime example of collaborative driving; as a level 3 system, the car can take control under certain conditions, but the driver needs to be ready to retake the wheel when needed within 10 seconds.  

"I am truly proud of Veoneer’s contribution to Mercedes-Benz AG; our world-class products are an integral part of the Drive Pilot system, but more importantly, I am even more proud of our way of working closely integrated with our customer in an agile manner, ensuring the end-consumers get superior features that improve driver convenience and safety," says Jan Carlson, Chairman, President and CEO of Veoneer.

For more information please contact:

Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27

Veoneer, Inc. is a worldwide leader in automotive technology. Our purpose is to create trust in mobility. We design, develop, and manufacture state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to OEMs globally. Headquartered in Stockholm, Sweden, Veoneer has 7,500 employees in 11 countries. In 2020, sales amounted to $1.37 billion. The Company is building on a heritage of close to 70 years of automotive safety development. In 2018, Veoneer became an independent, publicly traded company listed on the New York Stock Exchange (NYSE: VNE) and on the Nasdaq Stockholm (SSE: VNE SDB).

Safe Harbor Statement: This release contains statements that are not historical facts but rather forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those that address activities, events or developments that Veoneer, Inc. or its management believes or anticipates may occur in the future. All forward-looking statements are based upon our current expectations, various assumptions and/or data available from third parties. Our expectations and assumptions are expressed in good faith and we believe there is a reasonable basis for them. However, there can be no assurance that such forward-looking statements will materialize or prove to be correct as forward-looking statements are inherently subject to known and unknown risks, uncertainties and other factors which may cause actual future results, performance or achievements to differ materially from the future results, performance or achievements expressed in or implied by such forward-looking statements. Numerous risks, uncertainties and other factors may cause actual results to differ materially from those set out in the forward-looking statements, including general economic conditions and fluctuations in the global automotive market. For any forward-looking statements contained in this or any other document, we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and we assume no obligation to update publicly or revise any forward-looking statements in light of new information or future events, except as required by law.

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/veoneer/r/veoneer-products-enable-level-3-hands-off-self-driving-tech,c3410224

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PR Newswire

Joy Spreader’s Revenue Surges to Reach over HK$600 Million for H1 2021

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E-commerce Business, Private Traffic and Data Algorithm Platform Are the Key Drivers of Joy Spreader’s Next Stage of Growth

BEIJING, Sept. 6, 2021 — Joy Spreader Group Inc. (HKG: 6988, "the Group", "Joy Spreader"), a leading marketing technology company focused on serving the mobile new media-based consumption market and the mobile internet sector in which traffic can be monetized, on August 30 released its interim financial report for the first six months ended June 30, 2021. According to the report, the Group plans to focus on three areas as part of its strategy for the near future:

1) expand the e-commerce business outside of China to increase private traffic across multiple channels;

2) further optimize data algorithms;

3) further increase investment in research and development (R&D).

According to lately published 48th Statistical Report on Internet Development in China, released by China Internet Network Information Center (CNNIC), as of June 2021, the number of mobile internet users in China had reached over 1 billion. Online shopping has evolved into the most common way to place order of goods and services, while young and middle-aged users now form the core of the country’s consumer groups.

In line with an overall shift to a digital economy in tandem with higher expectations among consumers when it comes to the quality of the products and services they purchase, the e-commerce market has been experiencing a boom with an increased focus on marketing products via mobile new media platforms. 

With internet-based platforms providing more business opportunities to partners, mobile new media performance-based marketing service providers expect to further broaden their traffic coverage. To capitalize on the opportunities, Joy Spreader plans to build a network of premium locations for product placement on various new media platforms alongside the creation of private traffic content by leveraging its advantages in data algorithms as well as through strategic alliances, investments and incubation projects. The aim is to provide traffic support to the mobile new media performance-based marketing business, including the e-commerce and interactive entertainment components while further reducing per unit marketing costs.

During the first half of 2021, Joy Spreader plowed additional investment into R&D, with the spend increasing by 700 per cent year on year to HK$29.9 million (approx. US$3.8 million). The R&D investment will be directed towards two areas:

1) further optimization of its automated transaction matchmaking system and related technology platform, facilitating accurate matching between client’s products and product placement locations on mobile new media platforms;

2) building of competence in technologies in the e-commerce marketing sector outside of China by putting substantial R&D resources into data analysis and algorithm modeling for video content on mobile new media platforms with global reach.

The interim financial report also showed that Joy Spreader achieved revenue of HK$624 million (approx. US$79.8 million) during the first half of 2021, an increase of 62.37 per cent from the same period of the previous year.

Most notably, sales of e-commerce products witnessed a year on year rise of 285 per cent to HK$129 million (approx. US$16.5 million). In preparation for the overseas expansion, the Group has created a new technology model and service system based on the characteristics of mobile new media platforms and the market environment outside of China. The company established Hainan Joy Spreader Interactive International Technology Co., Ltd, an e-commerce marketing platform specifically for foreign markets. The firm plans to launch an e-commerce marketing service first in Southeast Asia, followed by the anticipated expansion of the service into other countries and regions worldwide, in addition to continuing the expansion of its e-commerce marketing business on international e-commerce platforms, starting with the immensely popular TikTok platform.

Joy Spreader delivered outstanding performance in terms of key business indicators during the first half of the year. In response to new trends sweeping the online world, the Group has aggressively expanded into new markets and is highly confident in the future prospects of the company based on its three growth engines: the e-commerce business, private traffic and the data algorithm platform.

For more information about Joy Spreader, please visit the company’s official website.

PR Newswire

EcoFlow Launches DELTA mini Portable Power Station

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Perfect outdoor or worksite battery that powers 90% of devices and charges in an hour

LOS ANGELES, Sept. 5, 2021 — EcoFlow, a portable power and renewable energy solutions company, today launched the DELTA mini portable power station on HSN, the Home Shopping Network. Designed for outdoor recreation and for work backup for users who work outside or in places that lack convenient power access, the indoor/outdoor DELTA mini can power 90% of devices and appliances and be recharged from 0% to 80% in one hour.

The DELTA mini debuts today on HSN at a discounted price for the HSN Today’s Special (24 hours only) and will be available at EcoFlow’s website following that.


"The DELTA mini is the smallest – and therefore, most portable and affordable – of EcoFlow’s professional-grade DELTA portable power station lineup," said Thomas Chan, R&D Director at EcoFlow. "Our customers know the DELTA series is built for capacity and multiple devices, and asked for a truly portable and quiet option they could pack in their truck to take to worksites or to outdoor festivals. We answered with the DELTA mini to provide an eco-friendly alternative to noisy gas generators."

Powers 90% of devices and appliances

Able to be used indoors or outdoors, the DELTA mini can power 12 devices simultaneously via USB, DC, and AC outlets. It can power 90% of devices and appliances – like band saws, dishwashers, vacuum cleaners, microwaves, etc. – with powerful 1400W rated output, and can even support 1800W devices with the X-Boost technology.

The portable power station has an 882Wh capacity, which means that on just one charge, you could recharge a drone 12 times or a camera 38 times, or run a TV for 6 hours or an electric kettle for 0.5 hours. Though primarily designed for powering tools or recreational tech on-the-go, in a pinch, the DELTA mini can also be used for 11 hours’ worth of emergency backup power for lights, a fan, router, laptop and smartphones.

Industry-leading fast charging

Its proprietary X-Stream AC fast recharge can go 0-80% in one hour, and a full charge in 1.6 hours, at a maximum 900W through standard AC outlets. It is the fastest charging speed on the market, as comparable batteries can take three to seven hours to be fully recharged.

The DELTA mini can be charged in three ways – via AC wall outlets, car port or solar, achieving fast solar charging with 300W max input. Using a solar array, such as 1 x 400W panel or 2 x 160W solar panels, the DELTA mini can be fully recharged in four to eight hours.

Quiet and portability

With the running and recharge hum similar to the decibel level of a library or quiet coffee shop, this portable power station doesn’t distract from the task or entertainment at hand.

At a weight of 23 lb. – about the heft of a 24-pack of beer – and dimensions of a larger laptop, the DELTA mini is the lightest-weight and most portable model of EcoFlow’s DELTA series. Additionally, the DELTA mini’s smart inverter / adapter is built-in, so users don’t need to carry a standalone charger brick.

"Since home and local outdoor public spaces have become the center of activity these months, a number of local US municipalities are revisiting noise ordinances," said Chan. "Some are looking to decrease the maximum decibel level around homes and in public spaces, and typical gas generators will fall outside of these limits. However, the DELTA mini and other EcoFlow products are well below these limits and can keep your worksite or campsite humming."

Availability

Today’s launch of the EcoFlow DELTA mini on HSN has discount pricing of $799 and is available for 24 hours only. Following, it will be available for purchase on EcoFlow’s website for a retail price of $999.

The DELTA mini has the same interior design and quality as EcoFlow’s top-of-the-line product, the DELTA Pro. Launched this July, the DELTA Pro because the most-funded project on Kickstarter. EcoFlow also debuted another product in the DELTA series, the DELTA Max, on the pre-order platform. The crowdfunding campaign is set to end on September 12 at 10 am EST.