Tag Archives: ECP

ReneSola Power Announces $20.0 Million Registered Direct Offering


STAMFORD, Conn., Dec. 23, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company")  (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced that it entered into securities purchase agreements with several institutional investors for the purchase and sale of approximately 2.105 million of American Depositary Shares (ADSs), each representing ten (10) ordinary shares, at a purchase price of $9.50 per ADS, in a registered direct offering.  The registered direct offering is expected to close on or about December 28, 2020, subject to the satisfaction of customary closing conditions.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Roth Capital Partners is acting as financial advisor for the offering.

The gross proceeds from the registered direct offering are expected to be approximately $20.0 million before deducting placement agent fees and other offering expenses. The Company intends to use the net proceeds for expanding new solar project pipeline and general working capital need.

The securities described above are being offered pursuant to a "shelf" registration statement (File No. 333-240293) filed with the Securities and Exchange Commission (SEC) on August 3, 2020 and declared effective on August 11, 2020. Such securities may be offered only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A prospectus supplement and the accompanying prospectus relating to the offering of the securities will be filed with the SEC. Electronic copies of the prospectus supplement and the accompanying prospectus relating to the offering of the securities may be obtained, when available, on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by e-mail: placements@hcwco.com or by telephone: (646) 975-6996.

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

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

 Forward-Looking Statements

This press release contains statements that constitute ”forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Whenever you read a statement that is not simply a statement of historical fact (such as when the Company describes what it "believes," "plans," "expects" or "anticipates" will occur, what "will" or "could" happen, and other similar statements), you must remember that the Company’s expectations may not be correct, even though it believes that they are reasonable. Furthermore, the forward-looking statements are mainly related to our ability to complete the registered direct offering and satisfy the closing conditions related to the offering, the intended use of net proceeds from the registered direct offering, the Company’s continuing operations and you may not be able to compare such information with the Company’s past performance or results. The Company does not guarantee that the forward-looking statements will happen as described or that they will happen at all. Further information regarding risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements is included in the Company’s filings with the U.S. Securities and Exchange Commission, including the Company’s annual report on Form 20-F. The Company undertakes no obligation, beyond that required by law, to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made, even though the Company’s situation may change in the future, except as required by law.

 

Related Links :

http://www.renesolapower.com

ReneSola Power Announces Sale of 15.4 MW of Solar Assets in Romania


STAMFORD, Conn., Dec. 23, 2020 — ReneSola Ltd (NYSE: SOL) ("ReneSola Power" or the "Company"), a leading fully-integrated solar project developer today announced that it entered into an agreement to sell two ground-mounted solar parks in Romania with a combined capacity of 15.4 MW to Alternus Energy Group plc, pan-European Independent Power Producer (IPP).

The two ground-mounted solar projects include a 9.4 MW solar park located in the municipality of Costestii din Vale in Dambovita county and a 6 MW solar park located in the municipality of Dumbrava in Prahova county. The 9.4 MW plant is operated by Ecosfer Energy SRL, and the 6 MW plant is operated by Lucas Est SRL. Both Ecosfer Energy and Lucas Est SRL are special purpose vehicles ("SPVs") that have been set up for the purpose of managing the construction and operation of the solar plants and the production of electricity.

Alternus Energy expects to acquire the project-based SPVs associated with the 15.4 MW operating assets, which are owned by Luxemburg-domiciled Renesola New Energy S.A.R.L, ReneSola Power’s subsidiary that holds the Company’s projects in Romania. Alternus Energy’s acquisition of those two projects will be funded by the proceeds from the senior secured green bond and equity that it has recently issued.

Mr. Yumin Liu, Chief Executive Officer of ReneSola Power, commented, "We are excited to partner with Alternus Energy, and look forward to future collaboration. The proceeds from the sale of the operating assets will enable us to generate strong cash flow, realize profits and further strengthen our financial position. We have a strong pipeline of project activity. We look forward to pursuing other opportunities to develop, build and monetize solar projects globally, and believe our strategy resonates well with the development trend of solar energy."

Mr. Vincent Browne, Chief Executive Officer of Alternus Energy Group, commented, "The acquisition of these projects from Renesola Power will increase our existing presence in Romania where we have operated for over 6 years now. These solar parks form part of our immediate 109 MW expansion across Romania, Italy and Poland, bringing our total operating portfolio to nearly 140 MW with an additional 1GW of projects in identified pipeline today. This also marks our first transaction with the Renesola Power team, and we look forward to many more successful acquisitions from the team as they complete their current and future pipelines."

About ReneSola Power

Founded in 2005, and listed on the New York Stock Exchange in 2008, ReneSola Power (NYSE: SOL) is an international leading brand of solar project developer. Leveraging its global presence and solid experience in the industry, ReneSola Power is well positioned to develop green energy projects with attractive return around the world. For more information, please visit www.renesolapower.com.

About Alternus Energy Group plc

Alternus Energy Group plc is a pan-European IPP who owns and operates a portfolio of utility-scale solar photovoltaic parks that connect directly to national power grids. The company has operational solar parks in Germany, Italy, Romania, and the Netherlands. The company is headquartered in Dublin, Ireland. For more information, please visit www.alternusenergy.com

Related Links :

http://www.renesolapower.com

ReneSola Power Announces Results of Annual General Meeting


STAMFORD, Conn., Dec. 22, 2020 — ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully-integrated solar project developer, today announced the results of its 2020 annual general meeting of shareholders. Specifically, the Company’s annual general meeting of shareholders approved the following:

  1. The consolidated financial statements of the Company for the year ended December 31, 2019, together with the reports of the auditors thereon.
  2. The re-election of Mr. Wee Seng Tan and Mr. Martin Bloom as directors of the Company, who are retiring by rotation and offering themselves for re-election in accordance with the Company’s articles of association.
  3. The amendment of 2007 Share Incentive Plan (as amended and restated as of January 21, 2009, August 20, 2010 and August 29, 2016) to increase the maximum aggregate number of shares which may be issued under the 2007 Share Incentive Plan from 12, 500,000 shares to 22,500,000 shares.

About ReneSola Power

ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across a number of regions where the solar power project markets are growing rapidly, and can sustain that growth due to improved clarity around government policies. The Company’s strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York.

Related Links :

http://www.renesolapower.com

Innodisk Lands IoT Devices with Powerful Recovery Technique Portfolio

From out-of-band management, on-site technology to autonomous recovery, Innodisk’s InnoAGE series provides full recovery to IoT edge devices

TAIPEI, Dec. 17, 2020 — Innodisk’s award-winning InnoAGE flash storage devices developed in partnership with Microsoft keeps expanding. The new-patented recovery technology of on-site recovery and 24/7 no-man monitoring feature come together by InnoOSR (On-Site Recovery) and following feature enhancement. Now Innodisk’s exclusive InnoAGE series are able to meet full recovery scenarios.

Innodisk's new patented technology, focuses on IoT edge devices and provides immediate on-site-recovery and firmware-level heartbeat monitoring function.
Innodisk’s new patented technology, focuses on IoT edge devices and provides immediate on-site-recovery and firmware-level heartbeat monitoring function.

 

Full Recovery Abilities for Edge Device

The latest addition to the InnoAGE series is the InnoOSR 3TO7, available in 2.5", M.2 2242 and 2280, as well as mSATA form factors in capacities from 32 GB up to 1 TB. The brand new InnoOSR lineup brings superior recovery that can be triggered by one button touch, easily bringing malfunctioning devices back to life without time-consuming software-level recovery or costlier remote recovery.

The new InnoAGE series lineup also includes InnoOSR feature enhancement, which automates InnoOSR’s instant recovery functionality with the help of a patented firmware-level heartbeat function. The result is an exceptionally cost-efficient recovery solution that reduce 80% cost from technical maintenance. InnoOSR requires no human intervention and 24/7 autonomous monitoring of edge devices, with OSR toolkit, easily integrated into any software/platform.

InnoAGE Innovation for All IoT Applications

Aiming at the blooming market of 500 billion IoT edge devices, InnoAGE series can afford little downtime, especially for data centers, warehouses, and surveillance devices. The InnoOSR series, meanwhile, is perfect for staying operational continuously even without staff available nearby, for example kiosks, unmanned retail applications, and casino gaming machine etc.

Together with InnoOSR, InnoAGE 3TI7 series is designed with firmware technologies and equipped with Microsoft Azure Sphere. InnoAGE enables multifunctional management, timely maintenance, smart data analysis and firmware updates, data security, and remote control through the cloud, while InnoOSR brings cost-efficient no-fuss recovery to uptime-critical applications.

About Innodisk

Innodisk is a service-driven provider of flash memory, DRAM modules, and embedded peripheral products for industrial and enterprise applications. With satisfied customers across a range of demanding industries, we have set ourselves apart with a commitment to exceptional products and service.

For more information about Innodisk, please visit https://www.innodisk.com

Related Links :

https://www.innodisk.com

JinkoSolar Announces At-The-Market Offering of ADSs

SHANGRAO, China, Dec. 16, 2020 — JinkoSolar Holding Co., Ltd. (NYSE: JKS) (the "Company," or "JinkoSolar"), one of the largest and most innovative solar module manufacturers in the world, today announced that it has filed a prospectus supplement to sell up to an aggregate of US$100,000,000 of its American depositary shares ("ADSs"), each representing four ordinary shares, through an at-the-market equity offering program. The ADSs will be offered through Credit Suisse and Barclays as sales agents.

Sales, if any, of the ADSs under the at-the-market equity offering program will be made from time to time, at the Company’s discretion, by means of ordinary broker transactions on or through the New York Stock Exchange (the "NYSE") or other markets for its ADSs, sales made to or through a market maker other than on an exchange, or otherwise in negotiated transactions at market prices prevailing at the time of sale or at negotiated prices, or as otherwise agreed with the sales agents. JinkoSolar intends to use the net proceeds from the sales of its ADSs for its production capacity expansion and other general corporate purposes. The production capacity expansion will be conducted mainly through Jiangxi Jinko, a 73.3% owned subsidiary of the Company in China, and therefore certain amount of the net proceeds from this offering will be transferred to Jiangxi Jinko in the form of intercompany loan. The intercompany loan will be made for up to three years at an interest rate equal to the then U.S. dollar LIBOR for one-year term loans plus 200 basis points.

The ordinary shares represented by ADSs will be offered under the Company’s shelf registration statement on Form F-3, which became effective on December 16, 2020. A prospectus supplement dated December 16, 2020 and a related base prospectus (included in the Company’s shelf registration statement on Form F-3) describing the terms of the offering have been filed with the Securities and Exchange Commission (the "SEC"). Investors are advised to read the prospectus supplement and the related base prospectus and other documents the Company has filed with the SEC for more complete information about the Company and the at-the-market offering. A copy of the prospectus supplement and the related base prospectus may be obtained from Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, NY, 10010, by phone at (800) 221-1037, or by e-mail at newyork.prospectus@credit-suisse.com; and Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, by phone toll free at 1-888-603-5847, or by email at barclaysprospectus@broadridge.com.  

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor will there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. The offering may be made only by means of a prospectus supplement and the related base prospectus.

About JinkoSolar Holding Co., Ltd.

JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 20 GW for mono wafers, 11 GW for solar cells, and 25 GW for solar modules, as of September 30, 2020.

JinkoSolar has 9 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, United States, Mexico, Brazil, Chile, Australia, Portugal, Canada, Malaysia, UAE, Kenya, Hong Kong, Denmark, and global sales teams in China, United Kingdom, France, Spain, Bulgaria, Greece, Ukraine, Jordan, Saudi Arabia, Tunisia, Morocco, Kenya, South Africa, Costa Rica, Colombia, Panama, Kazakhstan, Malaysia, Myanmar, Sri Lanka, Thailand, Vietnam, Poland and Argentina, as of September 30, 2020.

To find out more, please see: www.jinkosolar.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, 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" and similar statements. Among other things, the quotations from management in this press release and the Company’s operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar’s filings with the U.S. Securities and Exchange Commission, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

For investor and media inquiries, please contact:

In China:

Ripple Zhang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5183-3105
Email: ir@jinkosolar.com

Rene Vanguestaine
Christensen
Tel: + 86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com 

In the U.S.:

Ms. Linda Bergkamp Christensen
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com

Related Links :

http://www.jinkosolar.com

International conference promoting new solutions for sustainable mobility is hosted by CBMM

Specialists from six countries discuss solutions for a new generation of electric batteries

SAO PAULO, Dec. 14, 2020 — Big names from the global scientific community, industry representatives and technology developers will meet next Thursday, December 17, at the 2020 International Conference On Niobium Based Batteries, to showcase the most innovative and sustainable solutions in the electrification sector.

The event will bring the most advanced battery technologies to the center of the debate, such as the new developments with niobium, which can revolutionize the market of electric and hybrid vehicles. "We have entered into partnerships with companies and universities in Asia, Europe, US and Brazil for the development of new products that have synergy with Niobium, as is the case of graphene. This is a pioneering initiative in the world, which allows us to expand our business market", explains Rogério Ribas, Head of the CBMM Battery segment.

The advantages of electric batteries with niobium include: greater sustainability, due to a lower cobalt content, increased safety, because the metal prevents overheating; an ultra-fast recharge in less than six minutes, and also enhanced stability, with a life span of 15 to 20 years.

Conference participants include professionals from major global companies such as XTC, Easpring and Dameng, from China; Toshiba, from Japan; and the startup Echion Technologies, from Great Britain; in addition to specialists from renowned universities in the United States, Japan, South Korea, the United Kingdom, China, and Brazil. Presented by CBMM, a global leader in Niobium products, the event can be followed in person or by a virtual platform.

2020 International Conference on Niobium Based Batteries

Date: 17 December

Time: 8:30 am to 5:40 pm (China Time)

Place: Place Mingdu Lakeside Hotel, in Nanning, China.

The event may also be accessed virtually.

Registration and agenda: http://www.metal.citic.com/en//html/out/media/news/119.html

About CBMM

World leader in the production and commercialization of Niobium products, CBMM has more than 400 customers in 40 countries. Headquartered in Brazil, with offices and subsidiaries in China, the Netherlands, Singapore, Switzerland and the United States, the company supplies cutting-edge products and technology to the infrastructure, mobility, aerospace, and energy sectors. In 2019, CBMM invested in 2DM, a company dedicated to graphene.

 

Huntkey to Present at All-digital CES 2021

SHENZHEN, China, Dec. 11, 2020 — Huntkey, a leading provider of power solutions, announces that it will present at the All-digital CES 2021,  the most influential tech event in the world.

Huntkey to Present at All-digital CES 2021:
https://en.huntkey.com/

Due to the covid-19 pandemic, the world’s largest electronics sourcing fair CES 2021 will be held all digitally from Jan. 11-14, 2021. During this period, the exhibitors and attendees will get in touch and have meetings via the CES online platform.

Huntkey is a frequenter of CES, apart from power strips and surge protectors, it will showcase its latest product categories – the photocatalyst air purifiers and PD chargers at the show. Compared with traditional HEPA air purifiers, the photocatalyst air purifiers are integrated with photocatalyst filters that can effectively enhance the cleaning performance.

Huntkey is in the process of developing PD chargers, and most of them are USB-C chargers that are able to deliver fastest possible charging speeds. To provide with users a better charging experience, Huntkey’s GaN chargers will come out soon.

To learn more about Huntkey new products, please keep track of the All-digital CES 2021.

About Huntkey

Founded in 1995, Huntkey is a leading global provider of PC power supplies, power strips, surge protectors, laptop adapters, phone chargers, monitors and air purifiers. Huntkey is an Asia renowned brand, a member of The International Power Supply Manufacturer’s Association (PSMA) and China Power Supply Society (CPSS). Including three total nearly 1,000,000 square meters industrial parks, Huntkey is one of the most famous brands and largest companies in mainland China. It is headquartered in Shenzhen, with branch companies in the US, Japan and Hong Kong, and with cooperating factories in Vietnam, Brazil, Argentina and India.

 

Related Links :

https://en.huntkey.com/

Abracon Acquires Fox Electronics

SPICEWOOD, Texas, Dec. 11, 2020 — Abracon LLC, today announced that it has acquired Fox Electronics, a privately held frequency control supplier headquartered in Fort Myers, Florida.

Mike Calabria, President and Chief Executive Officer stated, "We are very excited about the addition of Fox Electronics to Abracon’s industry leading offering of Frequency and Timing products. Fox Electronics is a well-recognized brand that customers have become familiar with over the past 40 years. Fox Electronics’ leading-edge knowledge and product insight are excellent additions to Abracon. Abracon continues to execute on its acquisition strategy to expand its portfolio of brands with Fox being added to the Abracon brands of ILSI, Ecliptek, MMD and Oscilent. With the acquisition of Fox Electronics, Abracon will be able to further expand its Timing and Frequency portfolio. By integrating Fox Electronics’ range of products into Abracon’s existing portfolio, Abracon will strengthen its ability to provide the latest technical design support and global supply chain flexibility to solve customers’ unique challenges of today."

Gene Trefethen, President of Fox Electronics stated, "The Fox Team looks forward to combining our history of product development with the Abracon market position and extensive sales resources. We are proud of Fox Electronics’ 41-year history.  Since the early 1990"s Fox has focused on US innovation for the Frequency Control Market – being first with the series of quick turn crystal oscillators, continuing to provide performance enhancements with careful design iterations,  followed by our recent development of Vibration Resistant Crystals (C3VR and the automotive version C3VA) focused toward telecom, automotive and military markets." 

Going forward, Abracon will actively support the integration of all Fox Electronics product lines as well as the superior customer service and quick delivery times customers have come to know with Fox Electronics.

About Abracon, LLC 

Founded in 1992, Abracon, LLC is an industry leader in passive components, providing specialized timing/ frequency control, magnetic/ inductor, RF/ antenna and connectivity solutions through a global distribution network.  Abracon has design and application engineering resources in Texas and sales offices in Texas, California, Mainland China, China Taiwan, Singapore, Scotland, India, Israel, Hungary, UK and Germany. Abracon’s products are offered through its industry leading global distribution network.

With service, quality and technical expertise at the company’s core, Abracon enables innovative, connected IoT solutions in markets spanning data communication, transportation, industrial, medical, aerospace, defense and beyond.  

About Acquired Brand 

Headquartered in Fort Myers, Florida, Fox Electronics has long exceled in product innovation. They have also delivered personal, knowledgeable customer service that answers complex technical questions and provides efficient and customized solutions to all design needs. The privately-owned company has proudly fulfilled technological demands for multiple industries, including automotive, IoT, communications, networking, medical, and military among many others, offering everything from standard off-the-shelf to custom manufactured products. This leading-edge knowledge and product insight.

For further information or comments, please contact marketing@abracon.com.

Related Links :

https://abracon.com/

Adyen and Microsoft Launch Network Token Optimization


By collaborating with Adyen on Network Token Optimization, Microsoft saw positive growth in authorization rates

AMSTERDAM, Dec. 11, 2020 —  Adyen (AMS: ADYEN), the global payments platform of choice for many of the world’s leading companies, expands its collaboration with Microsoft to accelerate payments innovation for both companies with the launch of Adyen Network Token Optimization. Adyen is one of the first payment platforms to enable tokenized payments across multiple schemes and to offer automated optimization of the use of tokens to increase authorization rates. By adopting Network Token Optimization, merchants like Microsoft are able to realize significantly more revenue due to increased authorization rates.  

"Customer experience is at the center of everything we do, and when it comes to the payments process it’s about making it faster, simple and secure," said Matt Rossmeissl, Vice President of Commerce Engineering Operations at Microsoft. "Product innovation is at the core of what we do at Microsoft and Adyen’s Network Token Optimization is a factor in driving better authorization rates and customer satisfaction."

Adyen and Microsoft have been working together since July 2015, starting with European acquiring. Today, Adyen processes payments for Microsoft globally, across all Microsoft products and services. Microsoft utilizes multiple Adyen products in addition to Network Token Optimization, including Real-time Account Updater to ensure a seamless consumer shopping experience by always charging the most up to date card. Adyen also supports various local payment methods in a number of countries for Microsoft, including U.S.-based debit networks, a more recent Adyen development.

"We always build products with a focus on our merchants and their end customers, and Microsoft pushes us to help create better global solutions. We have benefited from Microsoft’s consistent desire to provide better experiences for their customers," said Kamran Zaki, COO at Adyen. "At the forefront of innovation, the Microsoft team is always willing to act as an early adopter for many of our new products and features. We work together every day to create positive shopping experiences for Microsoft customers, and are excited to see what we will create next."

About Adyen

Adyen (AMS: ADYEN) is the payments platform of choice for many of the world’s leading companies, providing a modern end-to-end infrastructure connecting directly to Visa, Mastercard, and consumers’ globally preferred payment methods. Adyen delivers frictionless payments across online, mobile, and in-store channels. With offices across the world, Adyen serves customers including Facebook, Uber, Spotify, Casper, Bonobos and L’Oreal. The cooperation with Microsoft as described in this merchant update underlines Adyen’s continuous growth with current and new merchants over the years.

Logo – https://mma.prnasia.com/media2/432569/Adyen_Logo.jpg?p=medium600

ViewSonic Provides QHD Support for Next-Gen Consoles

BREA, California, Dec. 11, 2020ViewSonic Corp., a leading global provider of visual solutions, today announced visual display solutions to support console gamers. With the recent launch of the PS5 console, and its lack of 1440p resolution output support, an urgent need arose among gamers. According to Sony, users will not be able to output a native 1440p signal, putting initial launch focus on 4K TV gamers. For hybrid (PC/console) gamers with QHD monitors, this results in downscaling to 1080p without a viable solution to experience high-resolution gameplay that is compatible with their current hardware.

By optimizing several QHD gaming monitors, ViewSonic effortlessly supports 4K signals, enhancing your experience of gaming
By optimizing several QHD gaming monitors, ViewSonic effortlessly supports 4K signals, enhancing your experience of gaming

In order to give past and present gamers the best experience possible, ViewSonic has optimized several QHD gaming monitors to effortlessly support 4K signals, while auto-downscaling to QHD resolution. This provides gamers with the best experience, without needing to activate troublesome modes, or complicated software.

ViewSonic Gaming Monitor Support List

  • Elite XG270QC
  • Elite XG270Q
  • VX2768-2KPC-mhd
  • VX3268-2KPC-mhd
  • VX2705-2KP-mhd/VX2768-2KP-mhd
  • XG2705-2K

ViewSonic is committed to providing continuous support for gamers worldwide, being on the forefront of fast-evolving gaming technology.

For additional news and information about ViewSonic ELITE, visit the website, and follow on Instagram, Twitter and Facebook. To find out more about ViewSonic, visit ViewSonic.com and follow on Facebook, YouTube and Twitter.

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, digital signage, ViewBoard interactive displays, and the myViewBoard software ecosystem. With over 30 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.

*Program, pricing, specifications, and availability are subject to change without notice

This news release contains forward-looking statements that reflect the Company’s expectations with regard to future events. Actual events could differ significantly from those anticipated in this document. Trademark footnote: ViewSonic and the ViewSonic trademarks are trademarks or registered trademarks of ViewSonic Corporation in the United States and/or other countries. All other corporate names and trademarks stated herein are the property of their respective companies.

Related Links :

http://www.viewsonic.com