Powered by Lunit SCOPE PD-L1, the Guardant360 TissueNext PD-L1 test with Guardant Galaxy™ shows improved detection of the biomarker in NSCLC
Lunit’s AI solution is the first application in Guardant Galaxy, a suite of AI and other technology tools that enhance Guardant Health’s portfolio of cancer tests
SEOUL, South Korea, Jan. 31, 2023 /PRNewswire/ — Lunit (KRX:328130.KQ), in partnership with leading precision oncology company Guardant Health, today announced the integration of its AI-based PD-L1 scoring algorithm into Guardant’s testing workflow to enhance biomarker detection in the Guardant360 TissueNextTM PD-L1 test for non-small cell lung cancer (NSCLC).
The newly integrated algorithm will enable Guardant to offer augmented biomarker assessment for NSCLC patients through AI-based quantification of tissue samples using a scoring system generated by Lunit SCOPE PD-L1. The enhanced Guardant test is designed to support pathologists in diagnosing PD-L1 status with higher accuracy and efficiency. Through the AI software, the test showed improved detection of PD-L1 by more than 20 percent compared to manual pathologist interpretation in the most challenging cases in NSCLC1.
Lunit SCOPE PD-L1 is a CE-marked AI solution for detecting and analyzing PD-L1, a cancer biomarker. The solution may assist pathologists by minimizing interpretation discrepancy and allowing better prediction of treatment outcomes for non-small cell lung cancer (NSCLC) patients, as demonstrated in study findings published in the European Journal of Cancer.
Lunit SCOPE PD-L1’s integration with the Guardant360 TissueNext PD-L1 test is the first application in Guardant Galaxy, Guardant Health’s suite of technology applications developed internally and through outside partnerships to enhance the performance and utility of its portfolio of cancer tests.
The two companies have been in partnership since 2021, following a strategic investment from Guardant Health to Lunit.
“We are honored to partner with Guardant Health in leveraging the power of AI and digital pathology to enhance the capabilities of their comprehensive genomic profiling tests for cancer patients,” said Brandon Suh, CEO of Lunit. “The development of the AI-supported scoring algorithm for the Guardant360 TissueNext PD-L1 test is a great example of using advanced medical image analytics to enhance precision diagnostics in lung cancer and help doctors find the right treatment for the right patients.”
“With Guardant Galaxy, we are now accessing the most advanced AI techniques and the latest complementary technologies from leading companies in cancer diagnostics to enhance the capabilities of our tests and provide oncologists and researchers with precise and actionable information,” said Helmy Eltoukhy, co-CEO of Guardant Health. “The digital pathology solution from Lunit has already demonstrated the power of AI to help improve detection of PD-L1 in certain cases of non-small cell lung cancer. We believe it has the potential to contribute much more broadly to advances in identifying cancer biomarkers and informing treatment decisions.”
About Lunit
With AI, Lunit aims to ‘conquer cancer,’ one of the leading causes of death worldwide. Lunit is an AI software company devoted to developing AI solutions for precision diagnostics and therapeutics, to find the right diagnosis at the right cost, and the right treatment for the right patients. Lunit, a portmanteau of ‘learning unit,’ is a deep learning-based medical AI company devoted to developing advanced medical image analytics and data-driven imaging biomarkers via cutting-edge technology.
Founded in 2013, Lunit has been acknowledged around the world for its advanced, state-of-the-art technology and its application in medical images. Its technology has been recognized at international AI competitions surpassing top companies like Google, IBM, and Microsoft. As a medical AI company with a focus on clinical evidence, the company’s findings are presented in major peer-reviewed journals such as the Journal of Clinical Oncology and JAMA Network Open, and global conferences including ASCO and AACR. After receiving FDA clearance and the CE Mark, Lunit INSIGHT CXR and MMG are clinically used in approximately 1,000 hospitals and medical institutions across more than 40 countries. Lunit is headquartered in Seoul, South Korea with offices and representatives around the world.
The tests described have been developed and their performance characteristics determined by the CLIA-certified laboratory performing the test. Lunit SCOPE PD-L1 is CE marked in Europe and has not been cleared or approved by the US Food and Drug Administration (FDA). Although FDA is exercising enforcement discretion of premarket review and other regulations for laboratory-developed tests in the US, certification of the laboratory is required under CLIA to ensure the quality and validity of the tests.
About Guardant Health
Guardant Health is a leading precision oncology company focused on helping conquer cancer globally through use of its proprietary tests, vast data sets and advanced analytics. The Guardant Health oncology platform leverages capabilities to drive commercial adoption, improve patient clinical outcomes and lower healthcare costs across all stages of the cancer care continuum. Guardant Health has commercially launched Guardant360®, Guardant360 CDx, Guardant360 TissueNext™, Guardant360 Response™, and GuardantNFINITY® tests for advanced stage cancer, and Guardant Reveal™ for early-stage cancer. The Guardant Health screening portfolio, including the ShieldTM test, aims to address the needs of individuals eligible for cancer screening.
References
1. Sangjoon Choi et al. Artificial intelligence–powered programmed death ligand 1 analyser reduces interobserver variation in tumour proportion score for non–small cell lung cancer with better prediction of immunotherapy response, European Journal of Cancer 2022, Volume 170, 17-26
The highly anticipated release of Samsung’s latest flagship series, the S23, is just around the corner. In preparation for that, here is a roundup of all the rumors and leaks to give a sneak peek for what is to come.
Familiar options with some design tweaks
Fresh new series, fresh new colors. Image source: Android Authority
The S23 series will feature three variants as its predecessor; the standard S23, S23 plus and the premium S23 Ultra. From leaked renders, all three devices look fairly similar to their S22 counterparts, with the S23 Ultra bearing the larger form factor and silhouette of the defunct Note series. On the rear, is the same 3 camera set up for the S23 Plus and S23 with a four-camera set up for the Ultra. A slight change is that the Ultra’s camera set up now sits in individual circular cutouts instead of the raised housing, giving it a cleaner look. There will be new colors available for the series with pink, beige, green and the classic Phantom Black options.
Goodbye Exynos and hello 200MP shooter for the S23 Ultra
Cleaner design for the camera housing and a new 200MP main shooter for the S23 Ultra. Image source: SamMobile.
The big news of course is the end of the Exynos variants, as Samsung has opted for a Qualcomm’s flagship Snapdragon 8 Gen 2 powering the series. There has been talk that a special variant of the chipset will be used, with slightly higher clock speeds for its primary CPU and its Adreno GPU. With the enhancements of the Snapdragon 8 Gen 2, we can expect all variants to have great performance and improved battery life.
Samsung’s new 200MP ISOCELL HP2 sensor for the Galaxy S23 Ultra. Image source: SamMobile
The camera on the S23 Ultra has received a fantastic upgrade with a new 200MP shooter. The in house developed sensor, dubbed ISOCELL HP2, offers double the resolution of its predecessor and is expected to offer improved dynamic range and color reproduction. It also features Samsung’s new pixel binning technology, Tetra2pixel, which is expected to improve images in low-lit environments. Thanks to this new sensor, we can expect an improved Night Mode images and Portrait video. The Ultra will now be capable of Space Zoom 100X and Moon Shot for improved astrophotography. The other sensors will be expected to remain the same, with a 10MP 3x telephoto lens, 12MP ultrawide sensor and 10MP 10x periscope. Both the S23 and S23 Plus are expected to retain a 50MP main shooter, 12MP ultrawide and 10MP telephoto lens.
Other hardware and software features
All three devices in the series will run Android 13 out of the box with OneUI 5.1, which remains largely unchanged from 5.0. The series will also debut Google’s Fast Pair feature. which allows faster set up of Android-based peripherals. This feature detects and allows quick pairing of headphones and WearOS smartwatches with just a pop-up. Support for trackers and styluses is expected to arrive soon.
All variants will run the Android 13-based OneUI 5.1 out of the box. Image source: Android Authority
The Ultra is expected to ship with a 6.8-inch QHD+ resolution display, 5000mAh battery and the signature S-Pen. The S23 comes in with a 6.1-inch FHD+ display with a lower capacity 3900 mAh battery while the S23 Plus has a 6.6-inch FHD+ display with 4700mAh battery. Charging speeds are similar as well, with 25W wired charging for the S23, 45W wired charging for the S23 Plus and Ultra, with 15W wireless charging across the board. The IP68 rating is retained for all devices and is now protected with Gorilla Glass Victus 2 on the front and back.
Google Fast Pair finally has a Samsung debut. Image source: GizmoChina
Another notable hardware upgrade is the use of LPDDR5X RAM, which is expected to be both faster and more energy efficient than the S22 series. Memory and storage configurations still remain the same though, with the S23 available in 8GB/128GB or 8GB/256GB variants and S23 Plus in 8GB/256GB and 8GB/512GB variants. The S23 Ultra offers the choice of 8GB or 12GB of RAM with 256GB, 512GB or 1TB of storage.
Pricing and availability
Overall, the S23 series seems to be an incremental upgrade over the S22 series. And that’s not necessarily a bad thing since the S22 series were among the best Android smartphones of 2022. The Snapdragon 8 Gen 2 chipset across all variants will be a welcome addition as it has shown to be the more reliable and energy efficient chipset over the Exynos series. While the S23 and S23 Plus have only minor changes, the S23 Ultra received some decent upgrades in the camera department.
Leaks from Verizon for pricing of the Galaxy S23 (DM1), S23 Plus (DM2) and S23 Ultra (DM3). Image source: GSMArena
As for the pricing, a leak from US-based telco Verizon reported via GSMArena shows that prices for all three variants remain the same as the S22 series. The S23 starts at USD 799.99 for the 8GB/128GB variant, the S23 Plus starts at USD 999.99 for the 8GB/256GB variant and S23 Ultra at USD 1199.99 for the 8GB/256GB variant. Previous leaks however have pointed to price increases in other regions. The most prominent being a price increase of up to €300 in Spain, Germany, Netherlands and Belgium, one of the largest price hikes for Samsung, as reported by Forbes. At the moment, there have been no circulating rumors about pricing in Malaysia or South East Asia for that matter, but it seems we may have to expect a price increase for the series.
The S23 series definitely ticks all the boxes to be the top Android device of 2023, but are there more surprises in store for us? We won’t have to wait for too long, as all the details and presumably pre-orders will be available come Galaxy Unpacked on February 2nd.
BREA, Calif., Jan. 31, 2023 /PRNewswire/ — ViewSonic Corp., a leading global provider of visual solutions, launches its new CDE30 series of 4K presentation displays and the AI-powered “Live Mosaic View”. This AI-powered technology for the company’s All-in-One Conference Camera recognizes meeting participants in a room and splits the screen equally between them. These latest videoconferencing solutions will make their first public appearance at the company’s exhibit at Integrated Systems Europe (ISE) 2023 in Spain from 31 January to 3 February.
ViewSonics Latest 4K Presentation Displays Harness Videoconferencing AI to Put the Focus on All Meeting Participants
“Videoconferencing is here to stay, and with more organizations finding unique ways to use this technology, we’ve introduced an AI-powered solution that helps make the process more seamless, ensuring that meeting participants are connected wherever they are,” said Clifford Chen, Senior Director of the Presentation Group at ViewSonic. “ViewSonic is committed to developing audiovisual solutions that bring people closer together. Our CDE30 series, coupled with the Live Mosaic View, offers corporations an immersive experience for hybrid meetings.”
Seamlessly Connecting Hybrid Meeting Participants
ViewSonic’s CDE30 series of displays feature ultra-sharp 4K resolutions, ensuring that the details in presentations, the meeting participants’ faces, and the pieces of multimedia presented are seen in the utmost clarity. The series is flawlessly complemented by ViewSonic’s new Live Mosaic View feature for their All-in-One Conference Camera.
Powered by AI technology, Live Mosaic View can provide close-ups of participants and readjust the view based on each attendee’s activity. It can distinguish up to eight meeting participants in a single room, dividing the screen equally between them. No matter where participants are sitting, the technology can accurately keep participants in focus, ensuring that those at the back of the room are seen just as clearly as those at the front, bringing an immersive, inclusive, and equitable experience for hybrid meetings.
The newly launched visual solutions equip corporations with cutting-edge hybrid work capabilities. The visual solutions can be used with most major UC (Unified Communications) platforms such as Microsoft Teams, Google Meet, Cisco Webex, and Zoom.
A User-centric Design for Corporate and Campus Communication
The CDE30 series, ranging from 43″ to 98″, features a range of intuitive features; with easily accessed ports and the ability to be set up in either portrait or landscape mode. All models in the range offer rapid connectivity through USB-C one-cable solution, offering efficiency and allowing users to access peripherals through their laptops. The display also supports cable-free screen casting through the myViewBoard Display, ViewBoard Cast, as well as Airplay and Chromecast, so meetings and presentations can be started with minimal setup.
Meanwhile, remote management via the intuitive myViewBoard Manager makes changing content, broadcasting information, and software updates a breeze. Further, with the myViewBoard Manager Advanced license, the displays can be used for round-the-clock multimedia playback with minimal power consumption and can also be used to deliver multimedia across organizations.
How to Visit ViewSonic at ISE 2023 Where: Booth Number – 2Q600, Hall 2, Fira Barcelona Gran Via, Spain When: 10 a.m. – 6 p.m., 31st January – 2ndFebruary 2023 10 a.m. – 4 p.m., 3rdFebruary 2023
Please click here to book a booth tour, where you can see the new CDE30 series with Live Mosaic View in action.
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.
SHANGHAI, Jan. 30, 2023 /PRNewswire/ — USHOPAL (“USHOPAL”), a Shanghai-based market leading luxury beauty group focused on unlocking value for global luxury beauty brands, today announced that it has entered into an exclusive omnichannel distribution agreement with London-based luxury beauty brand, 111SKIN (“111 SKIN”).
111SKIN Celestial Black Diamond Cream
At the forefront of transformative skincare results, 111SKIN is founded by Dr. Yannis Alexandrides, MD FACS, born from an innovative serum with patented antioxidant complex, NAC Y²™.
‘We are excited to bring the transformative results of 111SKIN, an exceptional brand rooted in advanced science with proven skincare technology to our growing community of gen Z influencers, KOLs, KOCs, and skincare cognoscenti’, said Lu Guo, USHOPAL founder and CEO.
111SKIN will relaunch a fully upgraded Tmall Global Store in February 2023, develop an omni-channel approach, followed by a rollout in all Bonnie&Clyde luxury retail doors by early 2023. The first store opening in the Kerry Center in Shanghai is planned for March 8th.
‘We are proud to have established a long-term partnership with USHOPAL and Bonnie&Clyde which will be integral to our ongoing expansion’ , said 111SKIN’s co-founder, Eva Alexandrides. ‘We look forward to a fruitful partnership with USHOPAL bringing 111SKIN’s transformative results that bridge the gap between plastic surgery and advanced skincare to our skincare community through USHOPAL’s end to end omni-channel brand building capabilities.
About USHOPAL Group
Founded in 2016, USHOPAL is the fastest growing pre-eminent omnichannel luxury beauty brand acceleration group in China. USHOPAL invests in, partners with and through its own luxury retail stores, Bonnie&Clyde, scales and unlocks value for Gen Z-driven next generation beauty and wellness brands.
Tapping into the zeitgeist of its premium Gen Z beauty and wellness community, USHOPAL offers end to end capabilities to scale its owned and omnichannel partner brands from 0 to 1 and 1 to 100. Its portfolio of fully- and minority-owned as well as pure omnichannel distribution partners includes ARgENTUM Apothecary, UK; Juliette Has A Gun, France; Chantecaille, USA; Anastasia Beverly Hills, USA; Natura Bissé, Spain; Suqqu, Japan; and Bulk Homme, Japan; amongst others.
USHOPAL’s unique omnichannel luxury brand growth model leverages a complete brand management ecosystem with 320 employees, end to end brand management capabilities spanning content creation through its in-house studio, a global infrastructure network with twenty-four domestic and international bonded warehouses, and total omnichannel control across online DTC both in cross border and domestic channels and offline through its owned luxury retail stores, Bonnie&Clyde, located across 12 luxury malls, and duty free. USHOPAL’s omnichannel ecosystem is unequalled in scope and luxury beauty brand experience with a growing network of 3000 hand-picked KOLs and content creators who localize and create compelling connective tissue for premium and luxury brands to successfully scale and win in China.
111SKIN was founded by globally-renowned Plastic and Reconstructive Surgeon Dr Yannis Alexandrides MD FACS and entrepreneur Eva Alexandridis. They launched the brand in 2012 with an industry-disrupting serum powered by Dr Yannis’s patented antioxidant complex, NAC Y²™. NAC Y²™ is a unique formula and the result of 30 years of Dr Yannis’ medical expertise. The extraordinary results and subsequent demand for the product has allowed 111SKIN to expand into 6 ranges and over 60 products. Loved by celebrities, beauty editors and skintellectuals alike, 111SKIN has gained a global presence in the luxury sector through its unusual fusion of surgical knowledge, innovative ingredients and medically-inspired delivery methods that thoroughly address niche skincare concerns.
MANILA, Philippines, Jan. 30, 2023 /PRNewswire/ — Panasonic Corporation today unveiled in The Philippines its new brand action tagline ‘Create Today. Enrich Tomorrow’, as part of their continuous efforts to better champion solutions that emphasize the well-being of people, society and the planet.
The new brand action tagline aims to enhance people’s quality of life and take care of the environment
Panasonic has a long-standing mission established by its founder Konosuke Matsushita which says that the corporation should contribute to society and tackle global challenges around climate change, which are both key to its strategic direction moving forward.
In April 2022, Panasonic Corporation was set up as a new company within the Panasonic holding company structure, incorporating the business operation that produces appliances for day-to-day life. Mr Masahiro Shinada, President and CEO of Panasonic Corporation shared that the corporation will continue fulfilling Panasonic’s mission through ‘Create Today. Enrich Tomorrow.’
Shinada said, “This represents our thinking as a company and our goal as a manufacturer to enhance the quality of lives of people by creating useful and high-quality products today that improve their holistic well-being. At the same time, we are also taking care of the environment and developing innovative technologies to enrich all our lives tomorrow. These contribute to our commitment to ensure that families and individuals can continue to rely on us and trust us to fulfill their home and lifestyle needs.”
Each word of the slogan has its meaning:
CREATE useful, high-quality products that improve people’s lives and make the world a better place. This is the essence of who Panasonic is.
TODAY our customers need us to develop technologies and engineer solutions to improve their daily lives and their personal wellbeing. We deliver with relentless innovation and our commitment to sustainability.
ENRICH the world together. At the heart of everything we do is the wellbeing of our customers and our planet. Panasonic’s goal is to enrich the lives of those around us, every day.
TOMORROW we will continue to enhance our products, services, and solutions to help our customers lead their best lives and to help our future environment.
Expanding on the focus areas of ‘Create Today. Enrich Tomorrow.’, Mr Takahiro Oyama, Deputy Managing Director of Panasonic Appliances Marketing Asia Pacific said, “Moving forward, these three well-being categories — Inner, Outer and Spatial Wellbeing — are the foundation of the design and purpose of all our products and services. ‘Inner Wellbeing’ starts from the kitchen through healthy eating, while ‘Outer Wellbeing’ focuses on physical hygiene. ‘Spatial Wellbeing’ aims to create a comfortable living atmosphere at home that is safe and clean.”
Holistic Wellbeing sits front and center in the design and purpose of Panasonic’s products and services
From a product design and feature standpoint under ‘Inner Wellbeing’, Panasonic will use proprietary technologies for heating, pressurizing, and stirring foods, as well as radio wave sensing technology for defrosting to help preserve these flavors and offer consumers the ability to cook tasty food using less salt and fat.
‘Outer Wellbeing’ products will feature more biometric sensing and analysis technologies to create targeted skin care regimens based on individual needs such as hair type or skin type. ‘Spatial Wellbeing’ products feature nanoe technology to improve the quality of air we breathe, as well as hometainment solutions that meet the demand for high-definition entertainment in a living space in this digital era.
Panasonic also shared that the new brand action tagline will be underpinned by their commitment to protect the global environment through two pillars – carbon neutrality and promoting a circular economy. The corporation aims to reduce more than 300 million tons in carbon dioxide emissions by 2050 from its own value chain and avoided emissions through utilizing clean and efficient energy solutions, as well as improve product durability and design products that can be easily disassembled for reuse and recycling.
BEIJING, Jan. 28, 2023 /PRNewswire/ — Pintec Technology Holdings Limited (Nasdaq: PT) (“PINTEC” or the “Company”), a leading independent technology platform enabling financial services in China, today announced Mr. Zexiong Huang will be its Chief Executive Officer, acting Chief Financial Officer, and director of the board of directors (the “Board”) of the Company, effective immediately. Mr. Victor Huike Li has resigned from his position as the Company’s Chief Executive Officer, acting Chief Financial Officer, and director for personal reasons on December 27, 2022, with effect from January 27, 2023. In addition, Mr. Zehua Shi, Mr. Jimin Zhuo and Mr. Yong Chen have all resigned from the Board due to personal reasons on December 27, 2022, with effect from January 27, 2023. Their resignations did not result from any disagreement with the Company, its management, the Board, or any committee of the Board, on any matter relating to the Company’s operations, policies or practices. Relevant competent directors and officers have been appointed to fill in their vacancies with effect from January 27, 2023.
Mr. Zexiong Huang has over 10 years of experience in the financial industry as well as the financial services industry, specializing in SME financial services, financing and guarantee, consumer finance, real estate mortgage financing, microfinance, and other financial products. He has held various senior management positions in mainland China and Hong Kong, and has gained comprehensive industry experience in the areas of consulting, business development, financial operations, and management. Mr. Huang was an executive director and the Chief Executive Officer of JIMU GROUP LIMITED (8187.HK) from June 2020 to May 2022. He has been a consultant of the Company’s digital SME business unit since 2021 and has been the executive Vice President of the Group since he joined in 2022. Mr. Huang holds a bachelor’s degree in economics from Yunnan University of Finance and Economics.
The Board of Directors would like to express its sincere gratitude to Mr. Li, Mr. Shi, Mr. Zhuo and Mr. Chen for their contributions, efforts, and dedication over the years. PINTEC has survived and retained its core competencies under both market and regulatory pressures with the outstanding leadership of Mr. Li. The Board and management thank Mr. Li for his contributions to the Company and wish him all the best in the future. Under the leadership of Mr. Huang and a team of experienced industry professionals, PINTEC is well positioned to further optimize its digital MSME eco-enabling products and expand its market leadership position going forward and is confident in the Company’s ability to overcome the current short-term market challenges.
Mr. Zexiong Huang, Chief Executive Officer, acting Chief Financial Officer and director of PINTEC, commented, “We thank Mr. Li for his past contributions to PINTEC as he has worked very hard to help us navigate through a challenging and uncertain market environment and has laid a solid foundation for the future growth of the Company. Currently, we are on track to grow our revenues and reach profitability with our strategic direction as well as our SMB empowerment products. As the business continues to expand, I am confident in the Company’s current management team and its ability to enter new growth cycles down the road.”
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Among other things, the quotations from management in this announcement, as well as PINTEC’s strategic and operational plans, contain forward-looking statements. PINTEC may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Such statements are based upon management’s current expectations and current market and operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s control. Forward-looking statements involve inherent risks, uncertainties and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, the Company’s limited operating history, regulatory uncertainties relating to the markets and industries where the Company operates, and the need to further diversify its financial partners, the Company’s reliance on a limited number of business partners, the impact of current or future PRC laws or regulations on wealth management financial products, and the Company’s ability to meet the standards necessary to maintain the listing of its ADSs on the Nasdaq Global Market, including its ability to cure any non-compliance with Nasdaq’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
About PINTEC
PINTEC is a leading independent technology platform enabling financial services in China. By connecting business and financial partners on its open platform, PINTEC enables them to provide financial services to end users efficiently and effectively. The Company offers its partners a full suite of customized solutions, ranging from digital retail lending, digital business lending, robotic process automation, to wealth management and insurance products. Leveraging its scalable and reliable technology infrastructure, PINTEC serves a wide range of industry verticals covering online travel, e-commerce, telecommunications, online education, SaaS platforms, financial technology, internet search, and online classifieds and listings, as well as various types of financial partners including banks, brokers, insurance companies, investment funds and trusts, consumer finance companies and other similar institutions.
LISHUI, China, Jan. 27, 2023 /PRNewswire/ — CN Energy Group. Inc. (NASDAQ: CNEY) today announced that its wholly owned subsidiary, Zhejiang CN Energy New Materials Co., Ltd., had recently obtained a first order to supply high-quality wood-based activated carbon directly to a producer of potable water. The order size is RMB6.486 million, equivalent to approximately US$0.956 million. This is another significant milestone for CNEY after it was awarded in October 2022 the permit to sell to end-users in the vast and fast-growing drinkable water market under its own brand names. This order exemplifies client acceptance and satisfaction on CNEY’s customized products and services for water filtering and purification and is expected to serve as a springboard for increasing CNEY’s sales in both domestic and global markets.
Dr. Kangbin Zheng, CNEY’s CEO, commented, “We are glad to have signed this first contract just about two months after being authorized to sell directly to end-users. This order is the first step for us to enter a new area full of opportunities for delivering higher values to clients and generating additional revenues. Our team stands ready to continue to expand our marketing networks and to strive for replicating this success story. With refined growth strategies and upgraded technologies, we are quite confident that we will become more productive, competitive, and profitable in 2023.”
About CN Energy Group. Inc.
CN Energy Group. Inc. is currently listed on NASDAQ under the symbol of CNEY. With patented proprietary bioengineering and physiochemical technologies, CNEY has pioneered and specialized in producing high-quality recyclable activated carbon and renewable energy from abandoned forest and agricultural residues, converting harmful wastes into invaluable wealth and delivering significant financial, economic, environmental, and ecologic benefits. CENY’s products and services have been widely used by food and beverage producers, industrial and pharmaceutical manufacturers, as well as environmental protection enterprises. For more information, please visit the Company’s website at www.cneny.com.
Forward-Looking Statements
Certain statements, other than statements of historical facts, made in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including the further spread of the COVID-19 virus or new variants thereof, or the occurrence of another wave of cases and the impact it may have on the Company’s operations and the demand for the Company’s products, and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial conditions, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to refer to its filings with SEC, including without limitation, Company’s registration statements and other filings with the SEC that set forth certain risks and uncertainties that may have an impact on future results and directions of the Company.
Revenue increases by 28% , EBITDA by 17% on year till date (YTD) basis
73% revenue growth in global markets on YTD basis
Optical business revenues zoom 1.8X, EBITDA 3X on YoY basis
SYDNEY, Jan. 27, 2023 /PRNewswire/ — STL (NSE: STLTECH), a leading optical and digital solutions company, today announced its financial results for the quarter ended 31 December 2022. STL demonstrated sharp focus on growth areas, operational efficiencies and strategic capital allocation resulting in strong financial performance. Company revenues grew by 46% on YoY basis and 28% on YTD (year till date) basis and EBITDA increased by 17% on YTD basis.
STL Q3 FY23 at a glance
Fibre dense networks have become absolutely critical for both digital inclusion and advanced use cases. Service providers across the globe want to take more fibre, faster to their customers. In India, the 5G rollout is in full steam and presents the need for rapid fiberisation. STL is constantly investing in fundamental capabilities and R&D to pack in more capacity and innovation into these optical network builds. The company is driving towards scalable growth in the Optical business and sustainable revenue streams in the Global Services business.
Here are some key performance highlights:
73% revenue growth in global markets (YTD) – With integrated value chain and capabilities on optical side, STL continued to win in its focus markets of US and Europe. STL’s fibre manufacturing facility in China and cable facility in the US have begun commercial operations and will help the company capture new demand
Robust order book of 1514 USD Mn – On the back of its capability to engineer unique solutions for service providers, the company signed multi-million, multi-year contracts with top-tier service providers
Greater traction on optical interconnect – Supporting FTTx rollouts, STL won a multi-million dollar deal for optical interconnect – which comprises of plug and play FTTx accessories and connectorised solutions – with a leading European telecom service provider
Fiberisation orders in India on the back of 5G roll outs – The company partnered with Indian service providers for their pan-India fibre roll out plans with orders worth ~63 USD Mn
Progress on Net Zero goals – Keeping a close eye on its ambition to become Net-zero by 2030, STL concerted its efforts on sustainable operations by reducing its carbon emissions by 6,400 tCO2e, and diverting 33,000+ MT of waste from landfills. It also continued to press forward on water stewardship initiatives by harvesting and recycling of more than 125,000 m3 of water
Key financial highlights
STL continued the positive momentum while focusing on prudent capital allocation and profitability. Specifically on the optical business, the company recorded a 78% YoY increase in revenue on the back of customer wins and better realisations
Financials* USD Mn
9M (YTD) FY22
9M (YTD) FY23
YTD (9M growth)
Q2 FY23
Q3 FY23
QoQ growth
Revenue
494
634
28 %
211
236
12 %
EBITDA
70
82
17 %
29
32
8 %
*Financials from continued operations
Commenting about the company’s performance, Ankit Agarwal, Managing Director, STLsaid, “Our performance this quarter has been strong. Sharp focus on cash and profitability, and calibrated exits from sub-scale businesses have poised us for long-term growth. I am excited about the market momentum and the pace of customer wins in our key markets. As we look ahead, I see technology innovation and R&D playing a pivotal role in our journey to become one of the top 3 optical players in the world. Quarter four and beyond, we will continue to prioritise growth areas, optimise our capital structure, and execute with discipline.
About STL – Sterlite Technologies Ltd
STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. The company, driven by its purpose of ‘Transforming Billions of Lives by Connecting the World’, designs and manufactures in 4 continents with customers in more than 100 countries. Telecom operators, cloud companies, citizen networks, and large enterprises recognize and rely on STL for advanced capabilities in Optical Connectivity, Global Services, and Digital and Technology solutions to build ubiquitous and future-ready digital networks. STL’s business goals are driven by customer-centricity, R&D and sustainability.
Championing sustainable manufacturing, the company has committed to achieve Net Zero emissions by 2030. With top talent from 30+ nationalities, STL has earned numerous ‘Great Place to Work’ awards and been voted as the ‘Best Organisation for Women’.Read more,Contact us.stl.tech |Twitter |LinkedIn |YouTube
We have reviewed Acer’s Swift 3 before. It is, in many ways quite a regular recipe for a budget thin-and-light laptop. It is really everything you can ask for in a very regular laptop you want to bring around for productivity.
To begin with, it is not that thin in the first place. Still, it is well built. It is also not the most powerful thing you can find in the market since there is no discrete GPU.
Now, the Acer Swift 3 OLED then. It is a slightly outdated product. Yet, it is still relevant since it is technically an updated version of the Acer Swift 3. It was released a few months ago, technically a 2023 product. While Acer released a few products in CES 2023, the Acer Swift 3 OLED will still be the latest Acer Swift laptop available at the time of writing.
It shares the same chassis with the 2022 Swift 3 and Swift 3X. You get mostly the same materials, which is not a bad thing. There is very little in terms of exposed plastic, save for the keyboard and the display’s bezel.
In this case, is the Acer Swift 3 OLED worth looking at? Is it for you? Is it worth its asking price? Should you wait for Acer’s latest laptops released in CES 2023?
Design
If you have come across our Acer Swift 3X and read through our Acer Swift 3 reviews before, they pretty much look the same. There are a few key differences though. Instead of 13-inch on your display, you have 14-inch on the display this time. With that, you get a larger 16:10 aspect ratio display with smaller bezels at the top, the sides, and the bottom. Thanks to that, the Acer logo now sits just above the keyboard, in-line with the DTS etching you see above the power button.
No, it is not a facial recognition capable webcam, but it is a Full HD webcam this time. Somehow, the punch hole for the camera looks smaller than before.
Everything else remains the same. The keyboard layout is familiar. The trackpad is the same exact size and build. Even the thermal vents are placed at the same top right corner of the bottom chassis. The only noticeable difference is the shell design. The Acer logo is smaller now and sits at the top of the shell. It is now a very plain grey, which we find rather boring.
Hardware
Within the familiar all-metal chassis is a very familiar 12th generation Intel Core processor as well. 13th Generation Intel processors are reserved for the next generation Swift laptops. Still, the Swift 3 OLED is an Intel EVO platform laptop.
Specifications
Acer Swift 3 OLED SF314-71-7980
As tested
Processor (clock)
Intel® Core™ i7-12700H 2.30 GHz tetradeca-core with Turbo Boost (up to 4.70GHz) 24MB cache
GPU
Intel® Iris® Xe Graphics
Display
14” OLED WQXGA (2880 x 1800) 16:10 aspect ratio
Memory
16GB LPDDR5 1TB PCIe® NVMe™ 3.0 M.2 SSD
Networking and Connections
Intel WiFi 6E Bluetooth 5.2 2x Thunderbolt™ 4 USB-C® 1 USB 3.2 Gen 2 2x Type-A 1x HDMI 2.1 1x 3.5mm AUX Jack
Battery
57W with up to 8 hours life (quoted) 100W Type-C power adapter
Operating System
Windows 11 Home 64-bit
Miscellaneous
FHD camera Backlit Keyboard Stereo Speakers Far Field Microphone DisplayPort over USB-C Thunderbolt 4 Windows Hello with Fingerprint Sensor
Features
The Acer Swift 3 OLED starts at MYR 400 premium (MYR 4,399 as tested) over the regular outgoing Acer Swift 3. Most of that extra money goes to the brilliant OLED display you get on the OLED variant of the laptop. You are also not really losing out in terms of features over the regular ol’ Swift 3.
Full HD Webcam
On top of the OLED display is a better webcam than before. Instead of the standard 720p webcam, it is a Full HD 1080p one. In theory, this should be an improvement.
The image you get from it is not the best. The edges are quite soft and dynamic range still. Colours look fine in favourable lighting conditions.
For most cases, in video calls specifically, it works. There is not much to complain about if you are just looking for a simple workaround in your remote working situation. If you want something better, or to use your webcam for streaming purposes, you are better off getting a separate webcam.
Fingerprint Sensor with Windows Hello
Like the older Swift 3, the fingerprint sensor is built into the power button. We think that the fingerprint sensor placement is the most sensible in this configuration. The distinct tactility on the power button is highly appreciated though. It at least prevents us from accidentally turning off our laptop.
USB type-C Charging, Thunderbolt 4, and HDMI 2.1
Thunderbolt 4 should not come as a surprise. It is technically an existing feature of the Acer Swift 3 and any modern laptop that comes with Intel’s latest CPUs. The capabilities of Thunderbolt 4 should also be known by now. You can strap a 4K monitor alongside any USB hubs with Thunderbolt 4.
The HDMI 2.1 port is also found on the 2022 variant of the regular Swift 3. It allows your Swift 4 to get up to 8K resolution of output. You might want to tamper your expectations in terms of performance though since there is no dedicated GPU on the Swift 3 OLED. Still, with HDMI 2.1 you can get your laptop to take advantage of 4K 120hz displays, which should be in the Swift 3 OLED’s range of capabilities even in gaming; just not AAA titles.
The Acer Swift 3 OLED now exclusively charges via USB Type-C. There is no proprietary charging port on the hardware. That also means you have an extra USB Type-C port to work with especially when the other is used as a charging port.
Both USB Type-C ports are Thunderbolt 4 capable ports, allowing you to strap up to two 4K monitors to the Acer Swift 3. You might want to make sure that the monitor can at least charge the Acer Swift 3 at 65W at least.
Same Keys as Before
It is not a perfect keyboard. We think that it could use a little more travel. The bottom out feels a little cushioned. We think that the keyboard feels a little mushy. While it is not hugely uncomfortable to type with the keyboard for long periods, we do think that a little more tactility would make it better.
Performance – The Power of Intel’s 12th Generation Core
The Acer Swift 3 OLED is technically a minor update of a 2022 product. You will not find Intel’s latest 13th generation Core processor lodged in the laptop. Instead, you get a 12th generation Core processor. Specifically, in our test unit, you get the Intel Core i7-12700H processor.
Multitasking & Productivity
The Intel Core i7-12700H is a proven processor in its own rights. While it is not the most powerful mobile processor you can find currently, it is powerful enough for the Swift 3 OLED. The laptop does not come packing a discrete GPU though.
It comes with Intel’s Iris Xe, which should be enough for 4K video editing purposes even. It should make short work of Photoshop and Lightroom. As of writing though, we could not get Adobe’s Lightroom to work on the laptop, which is a shame. That also means we could not fully take advantage of the brilliant OLED display with 100% DCI-P3 colour gamut. They also claim DisplayHDR 500 certification with up to 1,000,000:1 contrast ratio, which should really reward content creators. At 2.8K (2,880 x 1,800 pixels) as well, it is not what you call an average display.
Still, if your aim is to get other things like emails and word processing done on the laptop, it will do the job just as well. The 16GB of RAM should be plenty enough for a ridiculous amount of open tab on your Google Chrome and to game with.
Entertainment & Gaming
This is where the OLED display also comes into a class of its own. The Swift 3 OLED, in terms of internal hardware, should allow for very smooth and painless streaming experience on Netflix and Amazon Prime Video. Via the app, Netflix can technically scale up to 4K in streams, but it will remain at 1080p Full HD in this case. Amazon Prime only does Full HD on any PC hardware.
From time to time, you might want to play some games. This is no gaming laptop, so you do want to adjust your expectations a little in terms of gaming performance. Keep in mind also that there will be a lot of heat when you play games, on top of plenty of noise. We tried playing games like Two Point Campus, CS:GO, and Undertale on the laptop.
With Two Point Campus, you want to keep your graphics settings at the lowest (very low) for a smooth experience. On very high settings you barely get 20fps out of the game, but everything looks just that much better.
Undertale is that game that you can play on any PC, no matter the performance. You get 30fps, which is sort of the maximum the game goes to anyway. The OLED display does make the graphics pop a little more and makes the game just a little more enjoyable though, which is nice.
CS:GO on the other hand can hit up to 40fps at times. Most of the time, you are only getting up to 30fps though. It is playable, but you will not be competitive without a GPU. You want to expect some input delays on the Swift 3 OLED too. To get more performance, you can just push the resolution down a little.
Battery Life
Acer quotes about 8 hours of battery life on the Acer Swift 3 OLED on their website. Inside, you can find a 57Wh Lithium-Ion battery. The charging adapter it comes with is rated at 100W, which is more than sufficient to charge the laptop. It is possible to use a 65W GaN charger with the Acer Swift 3 OLED.
In our use case, we have several Firefox and Microsoft Edge windows open with not more than 20 tabs open at the same time. At least two Microsoft Word windows are open most of the time. Screen brightness is usually at about 50% most of the time or less, it can get overly bright at 100%.
In our typical use case, we get nearly eight hours of battery life out of the Acer Swift 3 OLED. We are impressed enough with the battery life, though we think that it could use a slightly bigger battery to accommodate a full workday and a little more just in case you have extra work at the office and you forgot your charger at home.
Display & Audio
This is really the part where the Swift 3 OLED shines. When you put the Swift 3 beside any other laptop in its class without OLED displays, you can immediately tell that this laptop is special.
Acer quotes 100% DCI-P3 colour gamut and 1,000,000:1 contrast ratio with DisplayHDR True Black 500 certification. It refreshes at 90hz and it supposed to respond at 0.2ms, which is really near instant. You get 2.8K resolution on the 14-inch OLED panel, which is a lot of pixel for a laptop this size. It is even enough pixel for content creators to work with, especially if they specialize in working with photos.
Colours really pop on the Acer Swift 3 OLED, thanks to the capabilities of OLED displays. Any images you can put on the display are super vivid and lifelike thanks to the highly accurate colour reproduction. Watching shows on Netflix, Prime Video, and even Disney+ is a joy on the Acer Swift 3 OLED. You hardly get colour fringing or ghosting on the OLED display. Thanks to the HDR capabilities, darker scenes on shows like ‘The Witcher’ still packs plenty of detail. ‘Our Universe’ looks immersive and impressive at the same time with superbly rich colours. In that sense, you can also enjoy YouTube videos with no issues.
The DTS certified speakers are a little on the less powerful end of the spectrum. You do not get a lot of low-end frequencies, which is quite expected since there is no proper subwoofer installed here. On the mid and high frequencies, there is some clarity but not a lot of details. It is not the most powerful nor detailed set of speakers in the world, but it works. It is good enough if you are just looking to watch movies or listen to music while you browse the internet or work. For production purposes, you are better off with a decent pair of earphones.
The Acer Swift 3 OLED – That OLED Though
The Acer Swift 3 OLED starts at MYR 3,999. The one we have here will set you back MYR 1,000 more at retail (MYR 5,399 retail). You can get it at a massive discount via their online stores, but it is still a lot of money for a thin-and-light laptop without discrete GPU. The original Acer Swift 3 starts at MYR 3,599, which means you are paying the MYR 400 premium for a much better display.
The original Acer Swift 3 is not a bad laptop to begin with. There is no discrete GPU, but for a laptop that is supposed to do everything, everywhere, it is decent. The OLED upgrade highlights the high-resolution display aspect even more and made the laptop that much better to work with.
The OLED display with 16:10 aspect ratio helps with productivity. It is not a gamer product, but if you have enough for an eGPU, it might work. If not, watching movies on the OLED display is rather enjoyable. Provided, the speakers are not the best; it is and easy fix with a decent pair of headphones or Bluetooth enabled speakers. Even webpages with any form of designed visuals look really sharp on the display. The experience on the Swift 3 OLED might spoil you and your experience with other laptop displays in the future.
Is it worth the MYR 400 extra over the original Swift 3? We can safely say that the display experience is worth a little more than that. At MYR 3,999 though, we cannot call it budget friendly. If you go for the top-of-the-line option with a more capable Core i7 and 16GB of RAM, you are paying a premium of MYR 1,300 (MYR 5,399) over the Core i5 variant.
In that sense, we think you might be better off waiting for Acer’s latest Swift laptops that were launched during their CES 2023 keynote. At the same time, if you cannot wait for a few more months, we think that the Core i5 with 8GB RAM variant should be the better buy. You still get the gorgeous high-resolution OLED display, but with slightly less power. It is still enough power for you to get your photos edited, browse the internet, and watch movies comfortably.
Programmable camera ushers in software-defined perception for robotics with industry-leading package, performance and price
LAS VEGAS, Jan. 27, 2023 /PRNewswire/ — Orbbec, a leading global 3D camera manufacturer, today announced the launch of its latest product, the Femto Mega, at CES 2023. It integrates the NVIDIA® Jetson™ platform for software-defined depth vision, and is aimed at removing barriers for developers of robotics applications with the combination of sensing and accelerated computing for AI and digital twin creation.
The programmable multi-mode camera with AI processing powered by NVIDIA Jetson can be operated as an IoT device in robotics, logistics, manufacturing, retail, healthcare and fitness solutions. The built-in NVIDIA Jetson Nano™ system-on-module is used to run advanced depth vision algorithms, can be directly connected to servers or the cloud and eliminates the need for an external computer.
Developers using the NVIDIA Isaac robotics platform can now add the Femto Mega to enable robots to operate autonomously in unstructured environments and navigate and interact with their environment. The high-performance depth processing is required for object recognition, obstacle detection, pick and place in palletization/depalletization applications.
“Femto Mega is aimed at extending the capabilities of 2D and 3D sensing from the physical world to digital twins in the virtual world,” said Amit Banerjee, Head of Platform and Partnerships at Orbbec. “We’re excited about our collaboration with NVIDIA to bring the best combination of 3D sensing and AI-accelerated computing for developers deploying intelligent robots and automation applications.”
The Orbbec team will be demonstrating Femto Mega and other 3D camera products and integrated partner solutions at CES 2023. Look for the Orbbec exhibit at North Hall, Booth 10838 in the Las Vegas Convention Center. To learn more about Orbbec, check out www.orbbec3d.com.
Orbbec is on a mission to popularize 3D vision technology for the 3D world, create a full-stack platform for industry solution developers and build smart products with industry-leading performance and price.
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