Monthly Archives: September 2022

PR Newswire

ViewSonic’s New M1 Pro Projects in 360 Degrees with a Flexible Smart Stand

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Enjoying Big Screen On-the-Go with Upgraded Visuals and Versatile Usages

BREA, Calif., Sept. 23, 2022 /PRNewswire/ — ViewSonic Corp., a leading global provider of visual solutions, introduces the new M1 Pro Smart LED Portable Projector. This palm-sized cinematic powerhouse weighs less than 1kg and features a patented smart stand, delivering 720p HD images in 360 degrees with theatre-quality audio from Harman Kardon speakers. With a 30,000-hour maintenance-free LED light source and a built-in battery, the M1 Pro is the ideal companion to turn almost anywhere into an immersive entertainment space.

“Portable projectors with higher resolutions are in strong demand, we launch the upgraded M1 Pro to push the boundaries of what portable projectors are capable of. With its enhanced visuals and a patented stand for 360-degree projection, its flexibility satisfies every spontaneous need of the user,” said Dean Tsai, General Manager of Projector & LED Display Business Unit at ViewSonic. “In addition, the stylish design comes with a mesh surface that infuses a sense of warmth to the tech device. It also embodies our commitment to offering large-screen entertainment that fits into any lifestyle.”

A Fantastic Audiovisual Experience Anywhere, Anytime

With its palm-sized lightweight (950g) design, the M1 Pro can easily be carried in small bags. Once turned on, the M1 Pro delivers an outstanding 100 inches image from 2.5 meters away, offering 600 LED Lumens of brightness and true-to-life colors. Dual sets of powerful customized Harman Kardon speakers are integrated into the small device, delivering rich and clear audio that brings movies, TV shows, concerts, and games to life.

Powered by a built-in battery, this compact portable projector is travel-friendly. It supports big-screen entertainment on-the-go without having to worry about a power source. Alternatively, a power bank or a USB-C charger can also be used to power the projector for longer sessions, making it ideal for home, camping trips, and movie nights under the stars.

Versatile Projection in 360 Degree with a Smart Stand

The M1 Pro has a patented 3-in-1 smart stand for 360-degree projection, auto power on/off, and lens cap, bringing flexible usage and maximizing opportunities for instant fun. By swiveling the stand, the projector powers on automatically. The sturdy metal stand can easily be set up anywhere to project a large and vivid image. To shut it down, simply swivel the stand back to cover the projector lens. The stand also functions as a protective cover when being carried around.

Additionally, the M1 Pro can project a perfectly-formed image from any angle. Thanks to its auto vertical keystone correction capability, the image angle can be adjusted immediately. Plus, the comprehensive horizontal & vertical keystone and 4 corner adjustment allow images to shape evenly projected from the front, above, below, and the sides.

Stylish Design and Intuitive Functionality

The M1 Pro is designed with a new aesthetic, featuring a mesh texture on the surface, which brings a soft touch to the sleek metallic look. The intuitive touchpad on the top allows users to play, pause, and adjust the volume, whereas the curved magnetic I/O cover completes the minimalist one-piece design.

With embedded Wi-Fi connectivity, smart devices can be paired with the M1 Pro wirelessly, mirroring a vast range of content to the screen. Moreover, the portable projector allows versatile audio options that suit every occasion. It can be used as a Bluetooth speaker or simply connect to Bluetooth headphones to immerse oneself in the big screen entertainment.

To learn more about ViewSonic’s M1 Pro Smart LED Portable Projector, please click the Product Intro Video and Scenario Video.

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, pen displays, commercial displays, All-in-One LED displays, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 35 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers “See the Difference.” To find out more about ViewSonic, please visit www.viewsonic.com.

https://mma.prnasia.com/media2/1901820/M1_Pro_Scenario_Video_EN_Compress.mp4
PR Newswire

Geek+ provides smart automation to heating, ventilation, and air conditioning specialist OEG

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  • 153 Geek+ P800 picking robots cover 15,000m2 of OEG’s warehouse and handle specialized shelving units unique to OEG’s product lines
  • Geek+ implemented the solution in just three months with no interruption to OEG’s operations

HESSISCH OLDENDORF, Germany, Sept. 22, 2022 /PRNewswire/ — Geek+, the global leader in autonomous mobile robots, has deployed over 150 goods-to-person robots at OEG’s warehouse in northwestern Germany. The solution Geek+ developed for OEG, which uses P800 picking robots and custom-made shelving, was implemented in just three months without any interruption to OEG’s operations.

The OEG warehouse in Hessisch Oldendorf stores over 80 000 different spare parts and accessories for heating, ventilation, and air conditioning (HVAC) systems and supplies wholesalers and manufacturers in Germany, as well as international markets. OEG has a wide array of specialized products that require unique storage solutions. The company has designed shelves that match SKUs of all sizes to the greatest possible extent. The unique nature of these specialized storage units posed no obstactle for Geek+’s flexible autonomous mobile robots, with 15,000m2 of the site now operated by the fleet of Geek+ AMRs.

Geek+’s engineers studied the operations within OEG’s warehouse and devised an implementation program that caused a minimum of disruption to the site’s processes and operations. Despite the introduction of revolutionary automation technology, virtually no changes in material flows was necessary. As a result, the solution was implemented in phases without disruption to OEG’s business, and was fully operational in just three months.

Markus Schellinger, VP of Solutions at Geek+, said: “We were able to take our flagship goods-to-person system and easily adapt it to OEG’s business in record time and with no business interruption. P800 robots are just about the most robust and standardized solution that can be found today, and we are proud to have been selected by OEG to modernize their operations.”

Benjamin Löffeld, Project Manager at OEG, said: “In order to scale our business and manage rising operational costs, we turned to flexible automation with Geek+ instead of traditional methods. We are extremely pleased with how quickly they got the system up and running and how smoothly the AMRs were integrated into our warehouse.”

OEG is now ready to provide their growing client base with world-class speed and quality service. Geek+ is capable of adding even more robots to handle an even greater volume of orders as OEG’s business continues to grow.

About Geek+  

Geek+ is a global technology company leading the intelligent logistics revolution. We apply advanced robotics and AI technologies to realize flexible, reliable, and highly efficient solutions for warehouses and supply chain management. Geek+ is trusted by over 500 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1500 employees, with offices in Germany, the United Kingdom, the United States, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore. 

For more information, please visit: https://www.geekplus.com/ 

Cision View original content:https://www.prnewswire.com/news-releases/geek-provides-smart-automation-to-heating-ventilation-and-air-conditioning-specialist-oeg-301630042.html

PR Newswire

Trip.com Group Limited Reports Unaudited Second Quarter and First Half of 2022 Financial Results

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SHANGHAI, Sept. 22, 2022 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) (“Trip.com Group” or the “Company”), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management, today announced its unaudited financial results for the second quarter and first half of 2022.

Key Highlights for the Second Quarter of 2022

The Company delivered resilient results in the second quarter despite the continued disruptions resulting from the COVID-19 resurgence in China.

  • Net income for the second quarter was RMB43 million (US$6 million), which improved from net loss of RMB1.0 billion for the previous quarter.
  • Adjusted EBITDA for the second quarter was RMB355 million (US$53 million), representing a 290% increase from RMB91 million for the previous quarter,
  • Staycation travel continued to serve as a major contributor to the recovery of the Chinese domestic market, with local hotel bookings increasing by over 30% compared to the same period in 2019.
  • Both air-ticket and hotel bookings on global platforms increased over 100% year over year in the second quarter.

“In the second quarter, the global travel industry has made continued progress towards full recovery. The recovery momentum in Europe and the United States remained robust, and the rebound of travel activities in the Asia-Pacific region also sped up due to further relaxation of travel restrictions,” said James Liang, Executive Chairman. “With our product innovation and service enhancement, we are confident in further strengthening our competitive position and capturing the pent-up demand. “

“Despite the challenges in the China domestic market in the first two months of the second quarter, the fundamental demand for travel remained solid. We are delighted to see the domestic hotel bookings quickly bouncing back to the pre-pandemic level at the end of the second quarter with such momentum extended into the following months.” said Jane Sun, Chief Executive Officer. “We will continue to improve our operating efficiency and conduct prudent cost control in the face of the changing environment. All these efforts will enable us to remain flexible and pave the way for long-term growth.”

Second Quarter of 2022 Financial Results and Business Updates

In the second quarter of 2022, the COVID-19 resurgence continued to disrupt the travel industry in China, which discouraged user demand for the Company’s services. As a result, the Company’s results of operations for the second quarter of 2022 were materially and adversely affected.

For the second quarter of 2022, Trip.com Group reported net revenue of RMB4.0 billion (US$598 million), representing a 32% decrease from the same period in 2021 and a 2% decrease from the previous quarter, primarily due to the continued disruptions resulting from the COVID-19 resurgence in China.

Accommodation reservation revenue for the second quarter of 2022 was RMB1.4 billion (US$203 million), representing a 45% decrease from the same period in 2021 and a 6% decrease from the previous quarter, primarily due to the continued disruptions resulting from the COVID-19 resurgence in China.

Transportation ticketing revenue for the second quarter of 2022 was RMB1.8 billion (US$263 million), representing a 15% decrease from the same period in 2021, primarily due to the continued disruptions resulting from the COVID-19 resurgence in China. Transportation ticketing revenue increased by 6% from the previous quarter, primarily driven by strong recovery of air travel in the overseas market.

Packaged-tour revenue for the second quarter of 2022 was RMB122 million (US$18 million), representing a 67% decrease from the same period in 2021 and a 2% decrease from the previous quarter, primarily due to the continued disruptions resulting from the COVID-19 resurgence in China.

Corporate travel revenue for the second quarter of 2022 was RMB210 million (US$31 million), representing a 46% decrease from the same period in 2021 and a 5% decrease from the previous quarter, primarily due to the continued disruptions resulting from the COVID-19 resurgence in China.

Cost of revenue for the second quarter of 2022 was RMB976 million (US$146 million), representing a 20% decrease from the same period in 2021, which was in line with the decrease in net revenue. Cost of revenue decreased by 9% from the previous quarter. Cost of revenue as a percentage of net revenue was 24% for the second quarter of 2022.

Product development expenses for the second quarter of 2022 decreased by 20% to RMB1.8 billion (US$264 million) from the same period in 2021 and decreased by 10% from the previous quarter, primarily due to a decrease in product development personnel related expenses. Product development expenses as a percentage of net revenue was 44% for the second quarter of 2022.

Sales and marketing expenses for the second quarter of 2022 decreased by 41% to RMB826 million (US$123 million) from the same period in 2021 and decreased by 2% from the previous quarter, primarily due to a decrease in expenses relating to sales and marketing promotion activities. Sales and marketing expenses as a percentage of net revenue was 21% for the second quarter of 2022.

General and administrative expenses for the second quarter of 2022 decreased by 15% to RMB604 million (US$90 million) from the same period in 2021, primarily due to a decrease in general and administrative personnel related expenses. General and administrative expenses increased by 3% from the previous quarter. General and administrative expenses as a percentage of net revenue was 15% for the second quarter of 2022.

Income tax expense for the second quarter of 2022 was RMB173 million (US$26 million), compared to income tax expense of RMB97 million for the same period in 2021 and income tax benefit of RMB14 million in the previous quarter. The change in Trip.com Group’s effective tax rate was primarily due to the combined impacts of changes in respective profitability of its subsidiaries with different tax rates, certain non-taxable income or loss resulting from the fair value changes in equity securities investments and exchangeable senior notes, and changes in valuation allowance provided for deferred tax assets.

Net income for the second quarter of 2022 was RMB43 million (US$6 million), compared to net loss of RMB659 million for the same period in 2021 and net loss of RMB1 billion for the previous quarter. Adjusted EBITDA for the second quarter of 2022 was RMB355 million (US$53 million), compared to RMB916 million for the same period in 2021 and RMB91 million for the previous quarter. Adjusted EBITDA margin was 9% for the second quarter of 2022, compared to 16% for the same period in 2021 and 2% for the previous quarter.

Net income attributable to Trip.com Group’s shareholders for the second quarter of 2022 was RMB69 million (US$10 million), compared to net loss attributable to Trip.com Group’s shareholders of RMB647 million for the same period in 2021 and net loss attributable to Trip.com Group’s shareholders of RMB989 million for the previous quarter. Excluding share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes recorded in other income/(expense) and their tax effects, non-GAAP net loss attributable to Trip.com Group’s shareholders was RMB203 million (US$31 million), compared to non-GAAP net income attributable to Trip.com Group’s shareholders of RMB728 million in the same period in 2021 and non-GAAP net loss attributable to Trip.com Group’s shareholders of RMB36 million for the previous quarter.

Diluted income per ordinary share and per ADS was RMB0.10 (US$0.01) for the second quarter of 2022. Excluding share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes and their tax effects, non-GAAP diluted loss per ordinary share and per ADS was RMB0.31 (US$0.05) for the second quarter of 2022. Each ADS currently represents one ordinary share of the Company.

As of June 30, 2022, the balance of cash and cash equivalents, restricted cash, short-term investment, held to maturity time deposit and financial products was RMB65.6 billion (US$9.8 billion).

Conference Call

Trip.com Group’s management team will host a conference call at 8:00 PM EST on September 21, 2022 (or 8:00 AM CST on September 22, 2022) following this announcement.

The conference call will be available live on Webcast and for replay at: https://investors.trip.com. The call will be archived for twelve months on our website.

All participants must pre-register to join this conference call using the Participant Registration link below:

https://register.vevent.com/register/BIe6a1088f8c3f4a77a18a7d5b03d2bc2e

Upon registration, each participant will receive details for this conference call, including dial-in numbers and a unique access PIN. To join the conference, please dial the number provided, enter your PIN, and you will join the conference instantly.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” “believe,” “estimate,” “is/are likely to,” “confident” or other similar statements. Among other things, quotations from management in this press release, as well as Trip.com Group’s strategic and operational plans, contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, severe or prolonged downturn in the global or Chinese economy, general declines or disruptions in the travel industry, the impact of COVID-19 pandemic to Trip.com Group’s business operations, volatility in the trading price of Trip.com Group’s ADSs or shares, Trip.com Group’s reliance on its relationships and contractual arrangements with travel suppliers and strategic alliances, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in the relevant jurisdictions where Trip.com Group operates, failure to successfully develop Trip.com Group’s existing or future business lines, damage to or failure of Trip.com Group’s infrastructure and technology, loss of services of Trip.com Group’s key executives, adverse changes in economic and political policies of the PRC government, inflation in China, risks and uncertainties associated with PRC laws and regulations with respect to the ownership structure of Trip.com Group’s affiliated Chinese entities and the contractual arrangements among Trip.com Group, its affiliated Chinese entities and their shareholders, and other risks outlined in Trip.com Group’s filings with the U.S. Securities and Exchange Commission or the Stock Exchange of Hong Kong Limited. All information provided in this press release and in the attachments is as of the date of the issuance, and Trip.com Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Non-GAAP Financial Measures

To supplement Trip.com Group’s unaudited condensed consolidated financial statements presented in accordance with United States Generally Accepted Accounting Principles (“GAAP”), Trip.com Group uses non-GAAP financial information related to adjusted net income attributable to Trip.com Group Limited, adjusted EBITDA, adjusted EBITDA margin and adjusted diluted earnings per ordinary share and per ADS, each of which is adjusted from the most comparable GAAP result to exclude the share-based compensation charges that are not tax deductible and fair value changes of equity securities investments and exchangeable senior notes, net of tax. Trip.com Group’s management believes the non-GAAP financial measures facilitate better understanding of operating results from quarter to quarter and provide management with a better capability to plan and forecast future periods.

Non-GAAP information is not prepared in accordance with GAAP, does not have a standardized meaning under GAAP, and may be different from non-GAAP methods of accounting and reporting used by other companies. The presentation of this additional information should not be considered a substitute for GAAP results. A limitation of using non-GAAP financial measures is that non-GAAP measures exclude share-based compensation charges, fair value changes of equity securities investments and exchangeable senior notes and their tax effects that have been and will continue to be significant recurring expenses in Trip.com Group’s business for the foreseeable future.

Reconciliations of Trip.com Group’s non-GAAP financial data to the most comparable GAAP data included in the consolidated statement of operations are included at the end of this press release.

About Trip.com Group Limited

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in China, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com and Skyscanner, with the mission “to pursue the perfect trip for a better world.”

For further information, please contact:

Investor Relations

Trip.com Group Limited
Tel: +86 (21) 3406-4880 X 12229
Email: iremail@trip.com

Trip.com Group Limited

Unaudited Consolidated Balance Sheets

(In millions, except share and per share data)

December 31, 2021

June 30, 2022

June 30, 2022

RMB (million)

RMB (million)

USD (million)

ASSETS

Current assets:

Cash, cash equivalents and restricted cash

21,196

22,959

3,427

Short-term investments

29,566

30,721

4,587

Accounts receivable, net 

4,649

5,445

813

Prepayments and other current assets 

10,697

10,778

1,609

Total current assets

66,108

69,903

10,436

Property, equipment and software

5,534

5,307

792

Intangible assets and land use rights

13,046

12,929

1,931

Right-of-use assets

777

925

138

Investments (Includes held to maturity time deposit and
financial products of RMB13,112 million and RMB11,891
million as of December 31,2021 and June 30, 2022,
respectively)

44,961

44,075

6,580

Goodwill

59,353

59,326

8,857

Other long-term assets

396

398

60

Deferred tax asset

1,684

1,765

263

Total assets

191,859

194,628

29,057

LIABILITIES

Current liabilities:

Short-term debt and current portion of long-term debt

39,866

36,203

5,405

Accounts payable

6,019

6,745

1,007

Advances from customers

7,535

7,822

1,168

Other current liabilities

12,798

11,926

1,781

Total current liabilities

66,218

62,696

9,361

Deferred tax liability

3,527

3,491

521

Long-term debt

11,093

17,402

2,598

Long-term lease liability

400

591

88

Other long-term liabilities

165

170

25

Total liabilities

81,403

84,350

12,593

SHAREHOLDERS’ EQUITY

Total Trip.com Group Limited shareholders’ equity

109,677

109,542

16,354

Non-controlling interests

779

736

110

Total shareholders’ equity

110,456

110,278

16,464

Total liabilities and shareholders’ equity

191,859

194,628

29,057

Trip.com Group Limited

Unaudited Consolidated Statements of Income/(Loss)

(In millions, except share and per share data)

Three Months Ended

Six Months Ended

June 30, 2021

March 31, 2022

June 30, 2022

June 30, 2022

June 30, 2021

June 30, 2022

June 30, 2022

RMB (million)

RMB (million)

RMB (million)

USD (million)

RMB (million)

RMB (million)

USD (million)

Revenue:

Accommodation reservation 

2,455

1,450

1,357

203

4,035

2,807

419

Transportation ticketing 

2,066

1,663

1,763

263

3,572

3,426

512

Packaged-tour 

367

124

122

18

536

246

37

Corporate travel

390

222

210

31

642

432

64

Others

614

652

564

84

1,216

1,216

181

Total revenue

5,892

4,111

4,016

599

10,001

8,127

1,213

Less: Sales tax and surcharges

(2)

(2)

(5)

(1)

(3)

(7)

(1)

Net revenue

5,890

4,109

4,011

598

9,998

8,120

1,212

Cost of revenue

(1,223)

(1,067)

(976)

(146)

(2,257)

(2,043)

(305)

Gross profit

4,667

3,042

3,035

452

7,741

6,077

907

Operating expenses:

Product development *

(2,226)

(1,974)

(1,772)

(264)

(4,451)

(3,746)

(559)

Sales and marketing *

(1,402)

(843)

(826)

(123)

(2,354)

(1,669)

(249)

General and administrative *

(713)

(584)

(604)

(90)

(1,397)

(1,188)

(178)

Total operating expenses

(4,341)

(3,401)

(3,202)

(477)

(8,202)

(6,603)

(986)

Income/(Loss) from operations

326

(359)

(167)

(25)

(461)

(526)

(79)

Interest income 

472

591

544

81

890

1,135

169

Interest expense

(418)

(341)

(351)

(52)

(825)

(692)

(103)

Other (expense)/income

(848)

(707)

469

70

1,660

(238)

(35)

(Loss)/Income before income tax
expense and equity in income of
affiliates

(468)

(816)

495

74

1,264

(321)

(48)

Income tax (expense)/benefit

(97)

14

(173)

(26)

(138)

(159)

(24)

Equity in loss of affiliates

(94)

(199)

(279)

(42)

(20)

(478)

(71)

Net (loss)/income

(659)

(1,001)

43

6

1,106

(958)

(143)

Net loss attributable to non-controlling interests

12

12

26

4

27

38

6

Net (loss)/income attributable to
Trip.com Group Limited

(647)

(989)

69

10

1,133

(920)

(137)

(Losses)/Earnings per ordinary share

– Basic

(1.02)

(1.52)

0.10

0.01

1.76

(1.42)

(0.21)

– Diluted

(1.02)

(1.52)

0.10

0.01

1.73

(1.42)

(0.21)

(Losses)/Earnings per ADS

– Basic

(1.02)

(1.52)

0.10

0.01

1.76

(1.42)

(0.21)

– Diluted

(1.02)

(1.52)

0.10

0.01

1.73

(1.42)

(0.21)

Weighted average ordinary shares outstanding

– Basic

635,476,056

647,812,835

647,866,001

647,866,001

644,666,248

647,843,829

647,843,829

– Diluted

635,476,056

647,812,835

650,906,465

650,906,465

656,483,984

647,843,829

647,843,829

* Share-based compensation included in Operating expenses above is as follows:

  Product development 

181

107

146

22

332

253

38

  Sales and marketing 

34

18

28

4

56

46

7

  General and administrative 

151

98

130

19

272

228

34

Trip.com Group Limited

Unaudited reconciliation of  GAAP and Non-GAAP Results

(In millions, except % and per share data)

Three Months Ended

Six Months Ended

June 30, 2021

March 31, 2022

June 30, 2022

June 30, 2022

June 30, 2021

June 30, 2022

June 30, 2022

RMB (million)

RMB (million)

RMB (million)

USD (million)

RMB (million)

RMB (million)

USD (million)

Net (loss)/income

(659)

(1,001)

43

6

1,106

(958)

(143)

Less: Interest income

(472)

(591)

(544)

(81)

(890)

(1,135)

(169)

Add: Interest expense

418

341

351

52

825

692

103

Add: Other expense/(income)

848

707

(469)

(70)

(1,660)

238

35

Add: Income tax expense/(benefit)

97

(14)

173

26

138

159

24

Add: Equity in loss of affiliates

94

199

279

42

20

478

71

Income/(Loss) from operations

326

(359)

(167)

(25)

(461)

(526)

(79)

Add: Share-based compensation

366

223

304

45

660

527

79

Add: Depreciation and amortization

224

227

218

33

501

445

66

Adjusted EBITDA

916

91

355

53

700

446

66

Adjusted EBITDA margin

16 %

2 %

9 %

9 %

7 %

5 %

5 %

Net (loss)/income attributable to Trip.com Group Limited

(647)

(989)

69

10

1,133

(920)

(137)

Add: Share-based compensation

366

223

304

45

660

527

79

Add: Loss/(Gain) from fair value changes of equity securities investments
and exchangeable senior notes

1,053

785

(668)

(100)

(1,314)

117

17

Add: Tax effects on fair value changes of equity securities investments and
exchangeable senior notes

(44)

(55)

92

14

45

37

6

Non-GAAP net income/(loss) attributable to Trip.com Group Limited

728

(36)

(203)

(31)

524

(239)

(35)

Weighted average ordinary shares outstanding- Diluted-non GAAP 

645,021,131

647,812,835

647,866,001

647,866,001

656,483,984

647,843,829

647,843,829

Non-GAAP Diluted income/(losses) per share

1.13

(0.06)

(0.31)

(0.05)

0.80

(0.37)

(0.06)

Non-GAAP Diluted income/(losses) per ADS

1.13

(0.06)

(0.31)

(0.05)

0.80

(0.37)

(0.06)

Notes for all the condensed consolidated financial schedules presented:

Note 1: The conversion of Renminbi (RMB) into U.S. dollars (USD) is based on the certified exchange rate of USD1.00=RMB6.6981 on June 30, 2022 published by the Federal Reserve Board.

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PR Newswire

Vivanti to hold hybrid data warehousing webinar

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Data consultancy Vivanti hosts webinar, outlining how hybrid data models help data warehouses deliver a balance between responsiveness and robustness

NEW YORK, Sept. 21, 2022 /PRNewswire/ — Vivanti — the enterprise technology consultancy delivering impactful cloud experiences and data-driven innovations with a client-first ethical framework — is holding a thought leadership webinar next week. The webinar outlines how a hybrid data modeling approach enables data warehousing projects to meet desired business objectives.

Titled You Don’t need more data: You Need better data modeling, the webinar takes place 2pm New York EDT, Wednesday 28th September.

To register for the webinar, go here: https://bit.ly/3xD4yD0

Vivanti Principal Consultant and webinar host, James Hunt, said that the session would explain how organizations can apply blended data architectures to solve modern data challenges.

“Research from Data Science Central suggests that over 80 percent of today’s data warehousing projects fail to achieve desired business goals,” said Hunt. “With more data and data sources than ever before, it’s not a dearth of data that’s the problem. It’s poor data modeling.

“We’re encouraging data professionals, and organizations looking to build or improve their data warehouses, to join us as we outline how hybrid data models can blend the best parts of what Inmon and Kimball have to offer.

“For too long now, we’ve held ourselves hostage to single data warehousing approaches, restricting our capacity to answer pressing questions with sufficient speed and depth. Join us as we pinpoint when, why and how hybrid data models can help unleash our ability to analyze and act on data – with the flexibility and pace that modern business demands.”

The first part of the webinar will identify and explore the core data inputs, analytical outputs and business demands that will shape an organization’s required approach.

The second leg of the webinar will build on the criteria established and examined in the first half. Vivanti’s data consultants then offer advice for successfully executing hybrid data warehousing solutions.

“Leave the sins of brittle ETL pipelines, inflexible reporting, and problematic data governance where they belong – in the data warehousing doldrums,” said Hunt. “See how to deliver modern Cloud Data Platforms that move at the speed of business.”

For more information about the webinar, and to register, go here: https://bit.ly/3xD4yD0

About Vivanti

Vivanti is a modern data-focused cloud consulting company with a consultant-led, customer-first approach. Vivanti consultants are organizationally empowered, and professionally obligated, to advocate for clients’ best interests at each step of every engagement — just as doctors or lawyers are entrusted to do.

Vivanti’s mission is to deliver impactful cloud experiences and data-driven innovations that promote a new level of customer-centric operating standards across the US technology consulting industry. Based in New York City, with offices in Manhattan and Washington DC, Vivanti offers advisory, consulting and managed services across all major cloud platforms. Specializing in the latest cloud data technologies, designed to facilitate digital business transformation and future ways of working, Vivanti’s practice areas include data, artificial intelligence, DataOps and digital customer engagement.

For more information, visit www.vivanti.com

For further media information, interviews or images, please contact:

Lachlan James, Vivanti Chief Marketing Officer, on +61 (0)431 835 658 or lachlan.james@vivanti.com

For regular updates, follow Vivanti on Twitter (@Vivanti_Consult), LinkedIn (Vivanti Consulting), YouTube (Vivanti Consulting), Facebook (@VivantiConsulting) or Medium (VivantiConsulting).

For regular industry news and analysis, subscribe to Vivanti’s mailing list here:

https://vivanti.com/contact-us/

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Computers, Gaming, Lifestyle, News

NVIDIA’s GeForce RTX 40 Series Ushers in the New Era of Ray Tracing and Neural Rendering

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NVIDIA’s GeForce RTX 30 series, which they fondly refer to as the Ampere architecture processors, were rather potent. At its introduction, it presented the largest generation leap in performance from its predecessors. There were a lot of excitement for the Ampere built GPUs because of the generational gap presented between it, and the older GeForce RTX 20 series GPUs. Then there is the GeForce RTX 40 series that was just introduced by Jensen Huang last night. 

NVIDIA calls it the Ada Lovelace, and it builds upon the technologies presented in its predecessor, the Ampere platform. It is even more capable in its real-time ray tracing functions. It also packs enough power to run an artificial intelligence (AI) algorithm of its own for 3D rendering and processing. That also means this time, AI is involved in rendering the pixels you see on your display.  

2X Performance

First up, you want to know how much faster the new RTX 40 series is compared to the RTX 30 series. In terms of ray tracing performance, the RTX40 is capable of up to 191 teraflops, nearly threefold of its predecessor. Its tensor cores are also capable of up to 1.32 petaflops, about five times the previous generation. But it is not just 3D rendering and ray tracing the gets the performance bump, you also get twice more NVENC decoders that allows the NVIDIA GeForce RTX 40 series to half video workload times. 

How NVIDIA achieved these numbers is a little technical, so we might have to explore that in a different story. In short though, it is not like NVIDIA slapped twice more cores into their chip. They did put more cores into their processing chip, but they have also improved their RT cores with 4nm architectures (hence Ada Lovelace architecture). That results in an improved energy and thermal efficiency of their chips in their GPUs which also means they can push their cores even more than before. That also means that ray tracing performance is doubled over whatever that came before. Thanks to the new Micro-Mesh Engine, the new cores can also generate textures in greater detail than ever before without taking up performance and storage resources. 

DLSS 3.0

DLSS (Deep Learning Super Sampling), we think, was a rather clever technology when it was introduced. While plenty of electronic giants in the home entertainment industry spoke at lengths about how upscaling is the future of television, NVIDIA took it to the next level with DLSS in gaming. You could, for example, play your games in 4K resolution while the GPU only needs to render the graphics in 1080p Full HD, for example. DLSS 2.0 was a major upgrade to the clever feature and made DLSS properly good and reliable. DLSS 3.0 make DLSS a must have feature.  

Where the previous iterations of DLSS lack is speed. While DLSS 2.0 was fast, it lagged behind when you compare it to playing games at native resolution. The AI still must take its time to render each texture from each frame and upscale them to whatever higher resolution you want your games to play in. DLSS 3.0 allows the GPU to now render entire frames for an improved gaming experience, much faster than before. This is thanks to a rather powerful and clever neural engine packed into the GPU. 

RACER RTX ON
Source: NVIDIA

2X Video Rendering

Like we pointed out earlier, the NVIDIA GeForce RTX 40 is not just made for gaming. It is a powerful GPU made for the modern content creator too. For 3D artists, the added power and improved DLSS 3.0 makes rendering scenes and graphics on-site much faster than before. Ray tracing is much more accurate than before as well, allowing textures to be rendered more accurately and more lifelike over previous generation GPUS, and all of it can be done in real time, cutting production times.  

Thanks to the inclusion of two eighth generation AV1 encoder, video editing suites gets an extra boost in power. That also means smoother real time rendering and scrubbing. It also means that videos gets rendered twice as fast now.  

NVIDIA Broadcast also benefited from the dual encoders. Partners now have access to features like Face Expression Estimation, Eye Contact, and even more realistic Virtual Backgrounds. That also means you get better, more interactive video calls, or even better streaming graphics.  

Introducing the NVIDIA GeForce RTX 4090 and RTX 4080

GeForce RTX 4090 Announce
Source: NVIDIA

For now, NVIDIA has only introduced the flagship GeForce RTX 4090 and high-end GeForce RTX 4080. They say that the GeForce RTX 4090 is about twice as fast as the RTX 3090 Ti while maintaining the same TDP at 450W. There are 76 billion transistors and 16,384 CUDA cores you can find on the silicon fitted on the flagship GPU. It is fitted with 24GB of the latest, fastest GDDR6X memory too.  

The GeForce RTX 4080 packs up to 9,728 CUDA cores and up to 16GB of GDDR6S memory. There is also a 12GB edition with 7,680 CUDA cores and 12GB in GDDR6X memory. They say that the 16GB variant is twice more powerful than the current GeForce RTX 3080 Ti and more powerful than the current GeForce RTX 3090 Ti while maintaining a lower power consumption.  

Price and Availability

The NVIDIA GeForce RTX 4090 will be available in select regions from the 12th of October 2022 onward. Prices will start at US$ 1,599, US$ 100 more than the RTX 3090 when it was launched. The NVIDIA GeForce RTX 4080 16GB variant will retail for US$ 1,199 while the 12GB edition will go for US$ 899. Both NVIDIA GeForce RTX 4080 variants will be available only in November 2022. For more information on the new GeForce RTX 40 series, you can visit NVIDIA’s website.  

PR Newswire

Capitalise.ai and Pepperstone announce strategic partnership to enhance trading experience

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Pepperstone will offer their traders an innovative AI-driven auto-trading experience

Pepperstone, an award-winning CFD & Forex broker has teamed up with Capitalise.ai to offer their traders a seamless, auto-trading experience. This new partnership enables Pepperstone clients to easily analyze, automate and execute their trading strategies without any coding knowledge, based on natural language processing (NLP)

TEL AVIV, Israel and MELBOURNE, Australia, Sept. 21, 2022 /PRNewswire/ — Capitalise.ai, a leading global technology provider of a groundbreaking trading automation and analysis platform and Pepperstone, a leading Forex & CFD Broker, have announced a strategic partnership that provides Pepperstone clients with a seamless auto-trading experience by fully automating their trading strategies using free-style text input, and receiving alerts and insights provided by Capitalise.ai’s engine.

Pepperstone clients now have a smooth and easy way of creating, analyzing and automating their trading scenarios while on the go, with no need for any coding or technical skills. Capitalise.ai’s proprietary technology uses artificial intelligence (AI), machine learning (ML) and natural language processing (NLP) to turn simple English text entered by traders into custom algorithmic trading strategies.

Pepperstone traders can use Capitalise.ai’s full suite of analytics and automated trading tools free of charge, including backtesting, loop strategies, smart notifications and much more. Available on Capitalise.ai’s mobile app for Android and iOS, traders can stay in control of their trades 24/7, 365 days a year, and free themselves from the desktop or from biased and/or emotional decisions.

“Our vision is to create a better way to trade for our clients and we continue to invest in trading technology that brings the world’s financial markets to astute, adventurous traders. Equipping our clients with advanced automation and analytics capabilities on our platform, is another example of how Pepperstone continues to deliver to the day-to-day needs of professional traders,” said James Perry-Keene, Head of APAC & LATAM Strategic Partnerships, Pepperstone.

“Capitalise.ai has developed an outstanding platform that makes creating automated trading strategies a super-easy and smooth experience. We are rated for Overall Client Satisfaction in both the UK and Australian Investment Trends surveys and we believe that integrating Capitalise.ai into Pepperstone helps us continue to offer our clients the best quality service.”

Amir Shiovich, Capitalise.ai CEO & Co-Founder: “2022 has been an incredible year in online trading, exceeding our expectations and spring boarding off a very impressive 2021. Pepperstone is a globally trusted and award-winning broker, and have a track record of putting client experiences ahead of everything else. We look forward to bringing significant value to Pepperstone traders and making a real, positive impact in their daily trading habits. We are excited to welcome them on board.”

About Pepperstone

Established in 2010, Pepperstone has grown to become an award-winning online global forex and CFD broker known for delivering exceptional client service to tens of thousands of clients around the world. Pepperstone has subsidiaries across the globe and is regulated by the Australian Securities and Investments Commission (ASIC), the UK Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySec), the Securities Commission of The Bahamas (SCB), the Dubai Financial Services Authority (DFSA), the Federal Financial Supervisory Authority (BaFin) and The Capital Markets Authority of Kenya (CMA).

About Capitalise.ai

Capitalise.ai is a world leader creator of an analytics and trading automation platform that amplifies top-tier brokerage firms’ performance by offering a game changing trading experience for traders worldwide. Since 2021, Capitalise.ai more than quadrupled its number of partnerships, usage scale and trading activity.

With Capitalise.ai, brokers can offer their traders analytical instruments and seamless automated trading experience previously reserved only for highly technical traders with the know-how to build scripts on their own or use technical solutions. For the first time, traders with zero technical skills can automate their trading, using freestyle text.

Capitalise.ai’s platform is extensive and rich in capabilities and features and is being utilized by leading brokers worldwide.

https://www.capitalise.ai

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PR Newswire

An unusual diagnostic experience with MUCAR CDE900

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LOS ANGELES, Sept. 21, 2022 /PRNewswire/ — With the rapid development of automobile electronization, the mechanical and electrical integration of diagnostic products is becoming more and more obvious. While we try our best to improve the function of the car through electronic control system, the difficulty of fault diagnosis is becoming more and more difficult. To improve maintenance quality and efficiency, the company proudly present the MUCAR CDE900, a new generation of diagnostic device.

MUCAR CDE900
MUCAR CDE900

MUCAR CDE900 is a very powerful device. It has 4-inches large touchscreen, whereas other OBD devices on the market normally have very small screens.  The CDE900 can be performed directly on the screen and switched on the display format of data display at the same time, including compact option, magnification option, curve graph option. The running speed is nearly 30% faster than other traditional OBD devices’. There is also a set of physical buttons below the screen, which is easy to use while wearing gloves.

MUCAR CDE900 supports fault codes reading of engine, EGR system, oxygen sensor, oil system, catalytic converter, and emission controller, etc. Android 6.0 intelligent system ensures the rapid and stable system running. It adopts 2G memory and 16G storage with extended SD card up to 256G. Common fault codes can be quickly read by just one-key click. The fault codes will be classified by colors and users can choose the different data to compare. Such visualized data changing provides an accurate reference.

What’s more, while connecting with WiFi, users can send all vehicle diagnostic information and diagnostic results by email to professional mechanics for technical help. Lifetime free OTA upgrade saves a lot of fees in the future and eliminate problems in downloading, transferring and installing. MUCAR CDE900 supports 16 languages, communication protocol optimization. It is compatible with vehicles after 1996. Users can even pay for an advanced package on the MUCAR CDE900 to unlock more system features.

The MUCAR CDE900 achieves a superior standard in both appearance and function. It is currently available on AliExpress, Ebay and other e-commerce platforms. The MSRP is $49.

https://www.ebay.com/itm/314129664124

Contact: service@mucar.com 

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PR Newswire

Jacqueline Shi: Huawei Cloud Stresses “By Local, For Local” to Drive Digital Transformation

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BANGKOK, Sept. 20, 2022 /PRNewswire/ — On September 19, HUAWEI CONNECT 2022 kicked off in Bangkok, Thailand. Jacqueline Shi, President of Huawei Cloud’s Global Marketing and Sales Service, stressed Huawei Cloud’s commitment to the goal of “By Local, For Local” in fostering a strong ecosystem for digitalization. Huawei Cloud believes that it is only when the local ecosystem grows, can digital transformation grow, and in a healthy and sustainable way.

Jacqueline Shi, President of Huawei Cloud's Global Marketing and Sales Service
Jacqueline Shi, President of Huawei Cloud’s Global Marketing and Sales Service

Huawei Cloud continues to provide leading digital technologies for users around the world, enabling enterprises and developers to better achieve digital development. To better provide local services, Huawei Cloud continues to build one global network to deliver high-quality cloud services with consistent experience. In the Asia Pacific since 2018, Huawei Cloud has operated local nodes in Singapore and Malaysia, and is the first public cloud provider to do so in Thailand. Huawei Cloud builds 3AZ data centers in Bangkok, Chonburi, and Samut Prakan, and provides website and consulting services in Thai.

In addition, Huawei Cloud and partners build a digital industry ecosystem by all and for all. Huawei Cloud works tirelessly to build a global startup ecosystem. Multiple forms of enablement, such as cost optimization, technical support, entrepreneurship training, and business resources will empower at least 10,000 high-potential startups worldwide in the next three years, helping startups move to the cloud agilely and focus on innovation.

In the Asia Pacific alone, more than 120 enterprises have joined the Huawei Cloud Startup Program. For example, Huawei Cloud helped ReverseAds expand its business in Thailand, Singapore, and South America. Through this program, ReverseAds has received financing of more than USD20 million. “We will further promote the startup program to the world. We hope that more and more enterprises like ReverseAds can innovate and achieve win-win,” said Ms. Shi.

At HUAWEI CONNECT 2022, Huawei Cloud also released the “Go Cloud, Go Global” ecosystem plan to share Huawei’s local compliance and human resources in more than 170 countries and regions. The plan also shares Huawei Cloud’s insights into industries and the hottest domains, as well as corresponding product and solutions for more enterprises to go global.

Ms. Shi released 15 innovative services at the conference, including CCE Turbo (Cloud Container Engine), UCS (Ubiquitous Cloud Native Service), Pangu wave model, DataArts LakeFormation, Virtual Live, CodeCheck and CloudTest, KooMessage, KooSearch, and KooGallery. This is the first time the services are announced for global implementation.

Business, Contributed, Editorial

Edge Automation: Seven Industry Use Cases & Examples

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Put simply, edge computing is computing that takes place at or near the physical location of either the user or the source of the data being processed, such as a device or sensor.

By placing computing services closer to these locations, users benefit from faster, more reliable services and organizations benefit from the flexibility and agility of the open hybrid cloud.

Challenges in Edge Computing

With the proliferation of devices and services at edge sites, however, there is an increasing amount to manage outside the sphere of traditional operations. Platforms are being extended well beyond the data- centre, devices are multiplying and spreading across vast areas, and on-demand applications and services are running in significantly different and distant locations.

woman in yellow long sleeve shirt looking at computer data
Photo by Kampus Production on Pexels.com

This evolving IT landscape is posing new challenges for organizations, including:

  • Ensuring they have the skills to address evolving edge infrastructure requirements.
  • Building capabilities that can react with minimal human interaction in a more secure and trusted way.
  • Effectively scaling at the edge with an ever-increasing number of devices and endpoints to consider.

Of course, while there are difficult challenges to overcome, many of them can be mitigated with edge automation.

Benefits of Edge Automation

Automating operations at the edge can reduce much of the complexity that comes from extending hybrid cloud infrastructure so you are better able to take advantage of the benefits edge computing provides.

Edge automation can help your organization:

  • Increase scalability by applying configurations more consistently across your infrastructure and managing edge devices more efficiently.
  • Boost agility by adapting to changing customer demands and using edge resources only as needed.
  • Focus on remote operational security and safety by running updates, patches and required maintenance automatically without sending a technician to the site.
  • Reduce downtime by simplifying network management and reducing the chance of human error.
  • Improve efficiency by increasing performance with automated analysis, monitoring and alerting.

7 Examples of Edge Automation

Here are some industry-specific use cases and examples demonstrating edge automation’s value.

1. Transportation industry

By automating complex manual device configuration processes, transportation companies can efficiently deploy software and application updates to trains, aeroplanes and other moving vehicles with significantly less human intervention. This can save time and help eliminate manual configuration errors, freeing teams to work on more strategic, innovative and valuable projects.

beige and red train
Photo by Paul IJsendoorn on Pexels.com

Compared to a manual approach, automating device installation and management is generally safer and more reliable.

2. Retail

Establishing a new retail store and getting its digital services online can be complex, involving configuration management of networked devices, configuration auditing and setting up computing resources across the retail facility. And once a store is set up and open to the public, the IT focus shifts from speed and scale to consistency and reliability.

Edge automation gives retail stores the ability to stand up and maintain new devices more quickly and consistently while reducing manual configuration and update errors.

3. Industry 4.0

From oil and gas refineries to smart factories to supply chains, Industry 4.0 is seeing the integration of technologies such as the internet of things (IoT), cloud computing, analytics and artificial intelligence/machine learning (AI/ML) into industrial production facilities and across operations.

One example of the value of edge automation in Industry 4.0 can be found on the manufacturing floor. There, supported by visualization algorithms, edge automation can help detect defects in manufactured components on the assembly line. It can also help improve the safety of factory operations by identifying and alerting hazardous conditions or unpermitted actions.

4. Telecommunications, media and entertainment

The advantages edge automation can provide to service providers are numerous and include clear improvements to customer experience.

For example, edge automation can turn the data edge devices produce into valuable insights that can be used to improve customer experience, such as automatically resolving connectivity issues.

antique broken cell phone communication
Photo by Pixabay on Pexels.com

The delivery of new services can also be streamlined with edge automation. Service providers can send a device to a customer’s home or office that they can simply plug in and run, without the need for a technician on site. Automating service delivery not only improves the customer experience, it creates a more efficient network maintenance process, with the potential of reducing costs.

5. Financial services and insurance

Customers are demanding more personalized financial services and tools that can be accessed from virtually anywhere, including from customers’ mobile devices.

For example, if a bank launches a self-service tool to help their customers find the right offering — such as a new insurance package, a mortgage, or a credit card — edge automation can help that bank scale the new service while also automatically meeting strict industry security standards without impacting the customer experience. 

Edge automation can help provide the speed and access that customers want, with the reliability and scalability that financial service providers need.

6. Smart cities

To improve services while increasing efficiency, many municipalities are incorporating edge technologies such as IoT and AI/ML to monitor and respond to issues affecting public safety, citizen satisfaction and environmental sustainability.

Early smart city projects were constrained by the technology of the time, but the rollout of 5G networks (and new communications technologies still to come) not only increase data speeds but also makes it possible to connect more devices. To scale capabilities more effectively, smart cities need to automate edge operations, including data collection, processing, monitoring and alerting.

7. Healthcare

Healthcare has long since started to move away from hospitals toward remote care treatment options such as outpatient centres, clinics and freestanding emergency rooms, and technologies have evolved and proliferated to support these new environments. Clinical decision-making can also be improved and personalized based on patient data generated from wearables and a variety of other medical devices.

people woman sitting technology
Photo by MART PRODUCTION on Pexels.com

Using automation, edge computing and analytics, clinicians can efficiently convert this flood of new data into valuable insights to help improve patient outcomes while delivering both financial and operational value.

Red Hat Edge

Modern compute platforms powered by Red Hat Edge can help organizations extend their open hybrid cloud to the edge. Red Hat Edge represents Red Hat’s collective drive to integrate edge computing across the open hybrid cloud. Red Hat’s large and growing ecosystem of partners and open methodologies give organizations the flexibility they need to build platforms that can respond to rapidly changing market conditions and create differentiated offerings.

PR Newswire

TIER IV to Start Mass Production of Automotive HDR Cameras for Autonomous Driving Applications and Sales through Five Distributors

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TOKYO, Sept. 20, 2022 /PRNewswire/ — TIER IV, an open source autonomous driving startup, is pleased to announce that it will start mass production of new Automotive HDR Cameras optimized for autonomous driving applications in October 2022. Sales targeting a wide range of customers in the market will be consigned to five distributors: Aisan Technology, ASMEC, Okaya & Co, PALTEK CORPORATION and Ryoden Corporation.

Background

Camera technology plays a crucial role in advanced driver assistance systems and Level 2 autonomous driving systems. It is also indispensable for the invention of Level 3 and Level 4 autonomous driving systems.

TIER IV has been engaged in the development of automotive cameras that outperform standard vision cameras in autonomous driving systems by applying extensive knowledge and advanced software design know-how acquired through a number of international flagship projects. Tests conducted for more than a year on this newly developed camera have demonstrated outstanding performance with regard to object detection and scene understanding in particular, which has ushered in its use as a standard camera for autonomous vehicles. TIER IV has been receiving many inquiries about its possible use not only in the area of autonomous driving but also for various purposes such as autonomous mobile robots, security and surveillance systems.

Product features

In addition to image quality, this camera boasts superb performance compared with existing commercially available cameras. TIER IV also offers an extensive array of support that will enable users to easily develop applications on their own.

Image Quality Features

High dynamic range (HDR)

–  Enables users to get images without blown out highlights or crushed shadows even in high-contrast scenes with high dynamic range of up to 120dB

High sensitivity and low
noise

–  Suppress noise even in low-light environments for high-quality images 

LED flicker mitigation

–  Mitigates flicker caused by LED traffic lights that have become more common in recent years

Other Features

Optical design and pre-shipment adjustments

 

–  Uses only high-quality automotive lenses that minimize defocusing owing to temperature changes

–  The lens is fixed by enabling high-precision adjustment of the focal position as well as the center, rotation and tilt of the lens and the image plane using a five-axis active alignment system. Additional work such as individual focal adjustment is not necessary because the camera is shipped while uniformly maintaining high optical performance.

Built-in image signal processor (ISP)

–  As the built-in ISP is capable of white balance adjustment and HDR rendering, processing load on the host side is reduced.

–  Supports various kinds of correction including lens distortion correction 

External synchronization function

–  Enables shutter control according to synchronization signals from the host (supports synchronization by FSYNC signals based on GMSL2 protocol)

Superior environmental durability

–  Guaranteed operating temperature range: ‒40°C to 85°C

–  Waterproof and dustproof performance equivalent to IP69K

Maintenance of automotive quality

 

–  Uses parts that meet AEC standards (Q100, Q101, and Q200)

–  Automotive grade manufacturing management is ensured and shipment inspections are conducted, both of which conform to IATF16949 and ISO26262 standards.

Support Features

Driver support

 

–  Supports Linux Kernel Driver (supporting major Jetson products manufactured by NVIDIA, ROScube-X manufactured by ADLINK Technology, and other industrial ECU products)

–  Supports ROS1/ROS2 Driver

Image quality adjustment

–  Image processing parameters adjusted on the basis of data from diverse practical environments such as public road tests, and simple image quality adjustment via API is also supported.

Connectivity with Autoware*

–  Enables smooth cooperation with camera-based recognition functions included in Autoware and Web.Auto, the development and application platform offered by TIER IV.

* Autoware is a registered trademark of the Autoware Foundation.

Future Development

In the future, in order to respond to a wide range of customer needs, TIER IV will commercialize a GMSL2-USB3 conversion kit so that customers can use this camera through a USB connection just like conventional Web cameras. The company will also add to its product lineup a new 5.4 megapixel high-definition model (C2) that uses Sony’s IMX490 CMOS image sensor. Furthermore, TIER IV is developing autonomous driving system development kits that are integrated with LiDARs and ECUs. By providing these products to the market, the company will step up initiatives to realize its vision “The Art of Open Source, Reimagine Intelligent Vehicles.”

Product Website
https://sensor.tier4.jp/automotive-hdr-camera

Business Inquires
email: camera@tier4.jp

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Source: TIER IV, INC.