Tag Archives: ITE

PR Newswire

Bright Scholar Announces Declaration of a Dividend

Leave a comment

FOSHAN, China, July 24, 2020 — Bright Scholar Education Holdings Limited (“Bright Scholar” or the “Company”) (NYSE: BEDU), a global premier education service company, today announced that its board of directors (the “Board”) has approved and declared a cash dividend of US$0.12 per ordinary share (US$0.12 per American depositary share).

The amount of cash dividends to be distributed is approximately US$14 million in total. The dividends are expected to be paid on August 24, 2020 to the holders of the Company’s ordinary shares of record as of the close of business on August 10, 2020. The determination to declare and pay the dividend and the amount of dividend in any year will be made at the discretion of the Board and will be based upon the Company’s operations and earnings, cash flow, financial condition and other relevant factors that the Board may deem appropriate.

About Bright Scholar Education Holdings Limited

Bright Scholar is a global premier education service company, dedicated to providing quality international education to global students and equipping them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. Bright Scholar also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China. As of May 31, 2020, Bright Scholar operated 80 schools across ten provinces in China and eight schools overseas, covering the breadth of K-12 academic needs of its students. In the nine months ended May 31, 2020, Bright Scholar had an average of 51,970 students enrolled at its schools.

Safe Harbor Statement

This announcement contains 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 include, without limitation, the Company’s business plans and development, which can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. 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, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking statements. 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. 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 law.

IR Contact:
GCM Strategic Communications
Email: BEDU.IR@gcm.international

Media Contact:
Email: media@brightscholar.com
Phone: +86-757-6683-2507

PR Newswire

Kuaishou’s Livestream Daily Active Users Surpass 170 Million

Leave a comment

70% growth in six months

BEIJING, July 23, 2020 — Kuaishou, China’s leading short-video and livestream platform, on Wednesday released its 2020 First Half Year Content Ecosystem Report, with daily active user’s number of its featured livestreaming function reaching 170 million, a 70 million surge since the end of 2019.

From July 2019 to June 2020, 70% of users who published on Kuaishou were under the age of 30. During the first half of 2020, 29.8% of content was published in the short-video format.

In December 2019, Kuaishou announced that the number of daily livestreamers had exceeded 100 million. However, this figure has surged to 170 million over the last six months.

Meanwhile, from July of 2019 to June of 2020, some 300 million content creators have published original content on the platform.

For the e-commerce function, the categories that saw the most substantial increase in vendors were apparel, local services, house and home, automobiles and beauty and cosmetics. Meanwhile, new businesses that took up live-streaming during this time primarily came from cars, smartphones, house and home, beauty and cosmetics, and education, showed the report.

This year, Kuaishou also launched its own shopping festival, Kuaishou “616 Shopping Carnival”, on the platform for its users. It also collaborated with China’s e-commerce giant JD.com to launch a 24-hour special online-shopping campaign “Doubling 10 billion-yuan subsidies shopping extravaganza,” which saw a total payment amount over 200 million dollars (1.42 billion yuan) on June 16th alone. (Unlike GMV, the payment amount reflects the real payment and transaction volume. GMV, however, also count the orders that have been placed but might not have been paid yet.)

First Half of 2020, Kuaishou Live-streaming DAU reached 170 million. Between July 2019- June 2020, Content creators globally reached 300 million whereas 52% of the users are male and 48% are female. DAU of e-commerce exceeded 100 million, the breakdown of the users are: 15% first-tier cities; 30% second- tier cities; 24% third-tier cities; 31% fourth-tier cities. (PRNewsfoto/Kuaishou Technology)
First Half of 2020, Kuaishou Live-streaming DAU reached 170 million. Between July 2019- June 2020, Content creators globally reached 300 million whereas 52% of the users are male and 48% are female. DAU of e-commerce exceeded 100 million, the breakdown of the users are: 15% first-tier cities; 30% second- tier cities; 24% third-tier cities; 31% fourth-tier cities. (PRNewsfoto/Kuaishou Technology)

 

Milestones

  • March 2011 – GIF Kuaishou was created as a product tool for creating animated GIFs
  • October 2013 – GIF Kuaishou was transformed into a short-form video social platform – Kuaishou
  • January 2015 – Kuaishou’s DAU exceeded 10 million
  • September 2017 – Kuaishou’s total users exceeded 600 million and DAU exceeded 80 million
  • December 2017 – Kuaishou’s DAU exceeded 100 million
  • June 2018 – Kuaishou Technology completed the acquisition of Acfun, an ACG video community
  • May 2019 – Kuaishou’s DAU exceeded 200 million
  • March 2020 – Kuaishou’s DAU exceeded 300 million

About Kuaishou Technology

Kuaishou Technology is a technology company that develops content sharing platforms and makes content production, distribution and consumption fast and easy. Our content recommendation system is built on a deep understanding of our users and the content being shared on our platforms every day. 

Our flagship product, Kuaishou, is China’s leading short video sharing and social networking platform that enables users to capture the unique and memorable moments of their everyday lives, and to interact with followers in real-time. Powered by big data, our technology offers users a highly personalized experience and encourages members from all communities to create and discover interesting and dynamic content.

Founded in 2011, Kuaishou Technology is headquartered in Beijing with more than 10,000 employees and offices in China, the United States, India and Brazil. Our notable investors include DCM Ventures, Morningside Venture Capital, Sequoia Capital, Temasek Holdings, Tencent and Baidu. For more information, please visit www.kuaishou.com.

CONTACT: Zhang Chuanshi, zhangchuanshi@kuaishou.com, +86-134-8881-8382

 
PR Newswire

HP Study Reveals Optimism Among SMB Business Owners

Leave a comment

SMBs that are focused on digital transformation the most confident. HP offers new services and solutions to help SMBs accelerate growth

News highlights

  • Bouncing back will require SMBs innovation in work processes, flexible work options and customized products and services
  • SMBs unclear on how to innovate, especially when cashflow is a key concern
  • Indonesia, India, Vietnam, Australia, and Thailand SMBs are the most confident of their ability to be innovative
  • SMBs in Japan, South Korea and Singapore are more conservative about their predictions for the future based on the global nature of their economies
  • HP is introducing remote work solutions to enable SMBs to stay productive and effective

SINGAPORE, July 23, 2020 — HP Inc.’s latest study on SMBs in Asia-Pacific, "Survival to Revival", surveying 1,600 SMBs across eight countries in Asia reveals over 50 percent of small-medium business owners expect not just to survive but thrive following the pandemic and feel that digital transformation will be a key part of this revival. In response, HP is introducing integrated services-based print solutions including a HP Roam for Business bundle to make it easy to print on the go and enhanced HP SecurePrint a flexible, cloud-native solution that releases documents only to authorized users.

HP Infographic
HP Infographic

Some 60 percent of respondents see digital transformation as key with innovation in work processes, flexible work options and customized products and services identified as future strategies. However, cost effective solutions are required given cashflow remains top of mind and SMBs are unclear where to look or what such solutions are available. This is especially key where only 4 in 10 SMBs have a department or person responsible for innovation.

"SMBs are the lifeblood of every economy in Asia but the pandemic has hit SMBs hard. As the engines of growth for Asia economies, it is critical for them to move past survival to revive their businesses," said Ng Tian Chong, Managing Director, Greater Asia at HP. "This study provides us with the insights to provide practical help for SMBs so that they have access to an ecosystem of devices, tools and technology. With these resources, we want to help SMBs unlock innovation for customer and employee-centric experiences, as well as broadly upskill talent to rebound from the pandemic and prepare for the future."

Completed in June 2020, the study surveyed across Australia, India, Indonesia, Japan, South Korea, Singapore, Thailand, and Vietnam found:

  • Companies most confident of bouncing back place high importance on digital adoption. Across the region, nearly 60% view digital adoption as very important or essential. Indonesian SMBs are particularly sensitive to this need, with a full 74% believing it is essential or very important, as is Thailand, also at 65%.
  • Growth projections are significantly adjusted post pandemic. Across the region, 46% of SMBs expecting growth prior to the pandemic but that figure has dropped dramatically to just 16%. India and Vietnam are the most confident about post pandemic growth and Singapore, Japan and South Korea are least positive.
  • Disruption to productivity is a common experience during COVID. Only 6% of SMBs recorded higher levels of workplace productivity compared to pre-COVID period while 43% recorded lower productivity.
  • Skills was identified as an issue: The pandemic amplified the lack of digital-first mindsets and skills within existing SMBs that hamper growth, affecting nearly half (44%) of respondents.
  • SMBs are unclear on where to look for assistance: Financial institutions rank high (31%); 60% of SMBs consider government support to be insufficient and/or are unclear on what support is available; only 19% of respondents turn to IT companies for help.

A need for Talent

Underpinning all of this, is a need to identify digital talents who can help SMBs to transform the business. The majority of SMBs do not dedicate resources and/or invest in innovation as a discipline; it is more common to ask customers what they want, or simply mirror what the competition is offering. Only one in five SMBs have customized offerings, looked for new sales & supply-chain channels or introduced new lines of business. In this respect, Indonesia (59%) and Thailand (51%) stand out for having the highest percentage of SMBs dedicating resources to innovation. Unsurprisingly, SMBs in Indonesia and Thailand are also most confident about business performance post COVID.

Services and solutions for SMBs

To support SMBs in adapting to new agile working environments, HP has introduced a suite of integrated services-based print solutions to enable SMBs to stay productive and effective no matter where they work. HP is now offering a one-year license for HP Roam for Business with a compatible HP LaserJet Pro 400-series bought by 31 October 2020, making it easy to print on the go from a mobile device and to retrieve the job touchless at any HP Roam-enabled printer within the company network

In addition, HP has enhanced HP SecurePrint which now supports all network types, including traditional networks behind a firewall as well as serverless print environments, helping customers simplify IT infrastructures. To empower workers the HP Workpath ecosystem, which enables workers to connect to cloud-based platforms directly from the Multifunction Printers (MFP), has expanded rapidly since it launched in November 2019, with 100+ apps available on the platform and thousands of apps deployed.

To meet the demands of the SMB worker’s multi-task, multi-place workday, HP PCs are designed to enable them to work anywhere when inspiration comes, giving them the performance that matches up to their creativity, and allowing them to collaborate seamlessly and effortlessly to bring their ideas to life.

Security is a top priority in agile working environments. To ensure SMBs get ease of mind when working anywhere, HP is offering Sure Click Pro for free to all HP and non-HP Windows customers till September 30, 2020. HP Sure Click technology guards against malware, ransomware, and viruses embedded in email attachments or malicious websites.

HP is making it easy for SMBs to get their hands on the latest technology. Through initiatives like HP For Business in Thailand, HP has tailored a monthly subscription program with powerful devices with trusted security, and 24/7 technical support. The program helps relieve financial pressures on entrepreneurs in the short term and takes care of their IT management needs.

Continuous upskilling is critical for SMBs to revive and grow. The HP LIFE program offers free online self-paced training courses designed to help entrepreneurs and SMBs acquire new skills to grow their business, such as business communications, having a success mindset, social media marketing, and design thinking.

Please find the full study here and research highlights here.

Methodology

In total, 1,600 SMBs completed the survey between 26th May 2020 to 7th June 2020, which comprised of 200 interviews in each of the markets: Australia, India, Indonesia, Japan, South Korea, Singapore, Thailand, and Vietnam. Only an Owner, Partner, Managing Director, CEO, COO, CFO, or a Director of a business with less than 200 employees qualified for the survey. Interviews were split evenly between Micro Business (<10 employees), Small Business (10-49 employees), and Medium Business (50-199 employees). Multiple industries were represented including Retail/Wholesale, Manufacturing, Professional Services, Healthcare, Education and Financial Services.

About HP

HP Inc. (NYSE: HPQ) creates technology that makes life better for everyone, everywhere. Through our product and service portfolio of personal systems, printers and 3D printing solutions, we engineer experiences that amaze. More information about HP Inc. is available at www.hp.com.

©Copyright 2020 HP Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.

 

Photo – https://photos.prnasia.com/prnh/20200723/2864628-1?lang=0

PR Newswire

Former General Manager of Sogou’s Commercial Product Technology Center, Xu Hongbing, Appointed CTO of Yiwugo

Leave a comment

YIWU, China, July 22, 2020 — Yiwugo.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world, announced last week that Mr. Xu Hongbing, former General Manager of Sogou’s Commercial Product Technology Center, was appointed its CTO, and will lead the overall technology development and operation.

Xu Hongbing
Xu Hongbing

Mr. Xu obtained his Master’s degree from the Department of Computer Science and Technology of Tsinghua University. He has served in well-known technology and Internet companies such as Microsoft, Sohu, and Sogou. As one of the core members, he led the development of China’s first online content publishing system and Internet video advertising system, and he has extensive experience in various fields such as e-commerce platform and traffic monetization.

Yiwugo is committed to the digital upgrade of specialized markets. After years of development, the platform has accumulated a considerable amount of traffic, especially since the beginning of this year, its traffic has increased significantly. At present, Yiwugo owns 53,000 merchants, 800,000 daily unique visitors (UV), 15 million daily pageview (PV), and 5 million registered buyers. Yiwugo has become the most influential e-commerce platform in the specialized market in China. The explosive growth of its user traffic has given rise to further overall technical requirements of Yiwugo. "The company urgently needs an experienced technical leader. I believe that under the leadership of CTO Xu Hongbing, a great technical improvement can be expected," said Wang Jianjun, CEO of Yiwugo.

After more than 20 years of development of China’s Internet industry, a large number of companies have recently begun to shift their business focus from consumer Internet to industrial Internet, which has created a new track for the Internet industry in the future, and attracting more and more talents in the industry with its huge market potential. As the largest online platform in the small commodity wholesale industry, Yiwugo was able to invite such an outstanding expert as Mr. Xu to join, which is an inevitable trend of industry and the best combination of enterprises and talents.

Yiwugo is tailor-made for specialized markets, and its functions are designed in a way close to actual small commodity wholesale markets. The core of the specialized markets is "finding goods", and the core of the professional market upgrading is the upgrading the way of finding goods. Yiwugo has covered all small commodity markets and high-quality small commodity suppliers in Yiwu and strives to make it easier for buyers to search commodities. Through technical means such as 360-degree panoramic display, live streaming and APP, the platform ensures online and offline consistency. Yiwugo is a user-friendly platform which reduces the traffic cost of vendors in physical markets operating e-commerce business, and meets the transformation requirements of merchants of professional markets through a decentralized and intelligently recommended traffic distribution mechanism. Many vendors on the Yiwugo have been made able to connect with new domestic and foreign buyers at low cost.

PR Newswire

South Korea’s KT Exports K-Pop Contents via 5G

Leave a comment

– 5G-Powered Live Relays of K-Pop Shows to Hong Kong –

– Export of High-Definition VOD Repackages and VR Formats –

– KT to Extend Korean Content Markets to Southeast Asia –

SEOUL, South Korea, July 22, 2020 — KT Corp. (KRX: 030200; NYSE: KT), South Korea’s largest telecommunications company, announced that it is now streaming live performances by K-pop idols aspiring for global stages to Hong Kong audiences.

KT is rehearsing 'KT Live Stage', which is high-definition global streaming of K-pop contents
KT is rehearsing ‘KT Live Stage’, which is high-definition global streaming of K-pop contents

 

The new 5G-powered service began under a contract on content sale that KT signed on July 15 with China Mobile’s music subsidiary, Migu, the leading Korean mobile carrier said.

The contract is an extension of a 2019 memorandum of understanding on collaboration in services of 5G-based new media contents. KT is the first Korean 5G network carrier to export Korean pop music and other digital entertainment contents via China Mobile’s subsidiary.

In December 2019, KT’s 5G network began global broadcasts of K-pop groups on its “KT Live Stage” program. Since then it has relayed seven live programs each month to audiences in Korea via Seezn – KT’s OTT streaming service – and in Hong Kong via Migu’s platform. Those KT Live Stage programs also have been repackaged into VOD format to export.

FarEasTone, a Taiwanese telecommunications company with much interest in high-definition streaming of K-pop contents, also provided its clients with free viewing of KT Live Stage.

KT has collaborated with music promoters and producers in producing the VR contents of all K-pop artists who participated in KT’s earlier live broadcast programs. AR effects also have been added. The VR contents have been drawing keen attention from K-pop fans around the world.

The KT stage lineups range from new K-pop artists who are aiming for global markets to idol groups that have already established fandoms worldwide. K-pop fans around the world continue to follow up their performances with tweets and other SNS messages.

KT plans to further expand its live streaming service, targeting a growing number of Asian countries sharing interest in K-pop contents.

The telecom giant also plans to provide its domestic clients with a variety of global sports contents via Seezn, including those of the Chinese Volleyball Super League, or CVL.

Kim Hoon-bae, KT’s Executive vice president for Customer New Business Unit, says the contract to sell Korean-produced entertainment contents to Migu is the result of the telecom provider’s efforts to help promote the global reach of K-pop contents through its live streaming and other services.

As Kim noted, KT’s subsidiary Genie Music signed contracts on the provision of K-pop contents with Tencent Music Entertainment Group and FUGA in May this year.

Tencent Music Entertainment Group, a company that develops music streaming services for the Chinese market, and FUGA, a Netherlands-based music technology and services company, were the latest additions to the list of Genie Music’s some 50 overseas partners.

Among other partners are Amazon Music and TIDAL in the United States; Anghami, the Middle East; Yandex Music, Russia; JioSaavn, India; and Qobuz, France.

In April this year, KT also agreed with three global content platforms – HBO, VIKI and ODK – to provide them with “The First Shot,” a low-budget web movie, which Seezn had planned and financed.

Kim says the KT-Migu deal will help the Korean mobile carrier provide global audiences with a variety of original contents as well as K-pop contents.

HBO and its subsidiaries are scheduled to broadcast “The First Shot” in 13 countries across Southeast Asia and South Asia in October. VIKI and ODK aired the movie in North and South America, Europe, Oceania and the Middle East in April.

##### End #####

MEDIA CONTACTS

For inquiries, please contact our Global Media Relations Team at kt.gmrt@gmail.com

ABOUT KT CORPORATION (KRX: 030200; NYSE: KT)

KT Corp., Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company.

For more information, please visit our English website at https://corp.kt.com/eng/

 
PR Newswire

NetDragon Launched International Summer Intern Program

Leave a comment

FUZHOU, China, July 22, 2020 — On July 21, 2020, NetDragon’s International Summer Intern Program opened, 17 college graduates from different countries and regions, such as the United States, Italy, and Serbia, began to formally take up their posts. It is reported that they have been screened out among more than 200 candidates. Affected by the global epidemic situation, they will spend this wonderful international internship online in the next six weeks. It will become the most special one among the seven consecutive sessions held by NetDragon.

The International Summer Intern Program is a normalized platform for international college graduates, which was created by NetDragon in 2014. It mainly recruits international students graduate from game planning, industrial design, experience design, interface design, product design and other majors, aiming to stimulate the spark of innovation when collision happens between domestic and overseas design concepts. At the same time, candidates with high potential will be employed finally.

This time, NetDragon has received more than 200 resumes, including high-quality students recommended by institutions that have established friendly cooperation with NetDragon, as well as international students who have signed up by themselves from other colleges and universities. Finally, a total of 17 students entered the internship, including 11 masters and 6 undergraduate students from more than 10 universities, such as the University of North Texas (UNT), University of Novi Sad, Milan Polytechnic University, Waseda University and London University of Arts.

At the live video streaming of the opening ceremony, Lin Chen, senior vice president of NetDragon, delivered a welcome speech. He said, “Design is the focus of our work, which is not a simple thing, it creates value for our users. The significance of the internship program is to share experience accumulated by NetDragon in design methodology and design tools, and help to create a better life and better world together with new designers and who wants to be a designer from all over the world.”

During the 6-week internship, NetDragon will organize a series of activities such as design workshop, methodology exchange meeting, project practice, etc., according to the interns’ specialty. Interns can also participate in the design of NetDragon’s key products, or involve themselves in the project implementation, especially during the internationalization process of Edmodo, Promethean and other products. In addition, NetDragon will also provide interns with the innovative course of Design Methodology independently developed by Liu Dejian, founder and chairman of NetDragon. This is the summary and refinement of design experience that has been proved successful by practice in the process of long-term product development. This course has won high attention in Harvard University, and also in the Design and Learning course of Beijing Normal University. Interns will be improved in the combination of methodology and practice.

According to the reports, NetDragon will provide job quotas to outstanding interns after the internship period, and part of the international graduates have chosen to stay in NetDragon through this program in these years. To strengthen the cooperation with overseas colleges and universities, attract overseas high-quality students and accelerate the integration with overseas market are important ideas for the rapid development abroad. At present, NetDragon has set foot in more than 190 countries and regions such as Russia, Egypt, Nigeria, and Serbia, covering more than 2 million classrooms and benefiting more than 100 million users.

PR Newswire

Ivanti Wavelink Partners with Manhattan Associates to Support Voice-Enablement for Warehouses in the SEA market

Leave a comment

Ivanti Speakeasy provides customers with leading voice-enabled solution for cost-effectively improving accuracy and productivity

SINGAPORE, July 20, 2020 — Ivanti Wavelink today announced its partnership with Manhattan Associates in South East Asia (SEA) in support of voice-enablement in the warehouse. Using Ivanti® Speakeasy, customers in warehousing, transport and logistics, and retail who leverage Manhattan Associates’ Warehouse Management System (WMS), can now experience voice-enablement that supports flexible, versatile and cost-effective WMS integration, offers improved accuracy and productivity, and is easy and fast to deploy.

“We are proud to be on board with Manhattan Associates and support their customers in deploying our voice-enablement solutions for warehousing, supply chain and logistics firms in the SEA region,” said Simon Storey, area vice president APAC at Ivanti Wavelink. “With Ivanti Speakeasy, we are providing our mutual customers with the best voice-enabled solution for enhancing workers’ productivity, while at the same time improving accuracy and safety within the supply chain.”

Designed to speed modernisation within warehousing and supply chain environments, Ivanti Speakeasy is a fast and easy way to add voice to any application.

Some of the benefits and features of Speakeasy include:

  • Easy integration with mostly all WMS solutions. Ivanti Speakeasy helps to eliminate the intensive, time-consuming and often costly installation and integration of advanced voice features into WMS.
  • Easy and Fast Deployment. Ivanti Speakeasy extends voice to terminal emulation or web apps and enables warehouses to deploy voice on existing mobile computers.
  • Simple Employee Training. Ivanti Speakeasy is an independent voice solution that’s proven and ready to be deployed, and can recognise voice without any upfront training time and cost.
  • Flexibility and Versatility. Ivanti Speakeasy works with both telnet and web apps across a spectrum of Windows and Android operating systems.
  • Multi-modal. With Ivanti Speakeasy, pickers can switch between voice-directed and on-screen modes, giving them the flexibility to choose voice or touch input, which can also improve safety.
  • Speak the Global Language of Productivity. Ivanti Speakeasy recognises users’ spoken responses in multiple languages, regardless of accents.

“At Manhattan Associates, our software, platform technology and unmatched experience helps to drive both top-line growth and bottom line profitability for our customers in the region,” said Richard Wright, managing director, SEA at Manhattan Associates. “Partnering with Ivanti will further support us in our commitment to delivering our customers a seamless technology integration experience.

“As a provider of leading-edge cloud and on-premise WMS solutions, Manhattan Associates is constantly working towards helping companies in the region use supply chain and omnichannel solutions to improve operational efficiency and increase profits. By working closely with Ivanti Wavelink, we can ensure our customers are able to rapidly benefit from modernising their warehouses with Speakeasy and voice.”

About Manhattan Associates
Manhattan Associates is a technology leader in supply chain and omnichannel commerce. We unite information across the enterprise, converging front-end sales with back-end supply chain execution. Our software, platform technology and unmatched experience help drive both top-line growth and bottom-line profitability for our customers. Manhattan Associates designs, builds and delivers leading edge cloud and on-premises solutions so that across the store, through your network or from your fulfilment center, you are ready to reap the rewards of the omnichannel marketplace.

For more information, please visit www.manh.com.

Ivanti Wavelink
The Ivanti Wavelink business unit helps organisations leverage modern technology in the warehouse and across the supply chain to improve delivery without modifying backend systems. The company also unifies IT and Security Operations to better manage and secure the digital workplace. From PCs to mobile devices, VDI and the data center, Ivanti discovers IT assets on-premises and in the cloud, improves IT service delivery, and reduces risk with insights and automation. Ivanti is headquartered in Salt Lake City, Utah, and has offices all over the world.  For more information, visit www.ivanti.com/wavelink and follow @GoIvanti.

Copyright © 2020, Ivanti.  All rights reserved.

Logo – https://techent.tv/wp-content/uploads/2020/07/ivanti-wavelink-partners-with-manhattan-associates-to-support-voice-enablement-for-warehouses-in-the-sea-market.jpg

Related Links :

https://www.ivanti.com
PR Newswire

Color Star Technology Announces Management Change to Strengthen Leadership and Better Positioned to Implement its Business Plan

Leave a comment

NEW YORK, July 18, 2020 — Color Star Technology Co., Ltd. (Nasdaq CM: HHT) (the “Company”, “we” or “HHT”), a company engaged in the business of providing innovative education services, announced the resignation of Yang (Sean) Liu as CEO and chairman of the board of directors and the appointment of Mr. Biao (Luke) Lu as his successor on July 17, 2020.  Under Mr. Liu’s leadership, the Company successfully completed its transition to an innovative education service provider. Given Mr. Liu’s professionalism in Information Technology development and management, he will redirect his focus to act as the Company’s Vice President of Technology and be in charge of the development of the software and technology related to our “Color World” platform. The Board is pleased to announce that Mr. Biao (Luke) Lu has been appointed as CEO and Chairman of the Board to further implement the Company’s business plan. Such management change is due to the Company’s development layout in an effort to make full preparations for the “Color World” platform to be launched soon.

Mr. Lu is a famous film producer and agent in China and has been in the entertainment industry for 25 years. He started engaging in film and TV drama production at China Central Television (CCTV) in 1997. From 2005 to 2017, he served as CEO of “Dongxing Time International Culture” where he expanded the global artist brokerage business and signed many famous artists in Asia. In 2017, he joined “Hong Kong War Tiger Pictures” as its CEO where he invested in and produced many popular films such as “Ocean Paradise,” “Happy Bureau,” “Stalker,” “I want to be rich,” “Transformation Group,” and “Lifetime with You,” etc. At the same time, he also participated in the production of many artists’ records, concerts and a variety of shows.

The online education platform “Color World” created by Color Star is very different from other traditional education platforms. The instructors are well-known stars or producers. The students will learn from those instructors and benefit from their professional experience and knowledge, and they will offer our students more practical guidance. Therefore, Mr. Lu’s leadership will bring his 25 years of entertainment and management experience to Color Star, so that the Company will be able to attract more artists to join as its instructors. Mr. Lu will lead the sales of artists’ peripheral products and interactive videos of artists on the “Color World” platform, a unique addition to the platform and a boost to the company’s sales and revenue.

This management change will maximize the team’s expertise and experience. In the future, Color Star intends to set up offline bases in the United States and a number of countries in Asia to achieve a sophisticated combination of online and offline education mode in an endeavor to bring a new music and entertainment education experience to millions of students worldwide.

About Color Star Technology Co., Ltd.

Color Star Technology, is a holding company whose primary business is offering both online and offline innovative education services. Its business operations are conducted through its wholly-owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. The Company also anticipates providing an after-school tutoring program in New York via its joint venture entity Baytao LLC, and providing online music and entertainment education via a platform branded “Color World.”

Forward-Looking Statements

Certain statements made herein are “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include the business plans, objectives, expectations and intentions of the parties following the completion of the acquisition, and HHT’s estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These forward-looking statements reflect the current analysis of existing information and are subject to various risks and uncertainties. As a result, caution must be exercised in relying on forward-looking statements. Due to known and unknown risks, our actual results may differ materially from our expectations or projections. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in these forward-looking statements: there is uncertainty about the spread of the COVID-19 virus and the impact it will have on HHT’s operations, the demand for the HHT’s products and services, global supply chains and economic activity in general. These and other risks and uncertainties are detailed in the other public filings with the Securities and Exchange Commission (the “SEC”) by HHT. Additional information concerning these and other factors that may impact our expectations and projections will be found in our periodic filings with the SEC, including our Annual Report on Form 20-F for the fiscal year ended June 30, 2019. HHT’s SEC filings are available publicly on the SEC’s website at www.sec.gov. HHT disclaims any obligation to update the forward-looking statements, whether as a result of new information, future events or otherwise.

Color Star Technology Co., Ltd.
Contact: Investor Relations
FinancialBuzzIR™
info@FinancialBuzzIR.com
Tele: +1-877-601-1879

PR Newswire

In less than three months, realme breaks into smart personal audio market in India with third spot in Q1 2020, according to Canalys

Leave a comment

SHENZHEN, China, July 17, 2020 — In less than three months since offering its AIoT products, realme has been confirmed as a market leader in the smart personal audio category in the Indian market for Q1 2020. According to Canalys, a research firm, realme secured a commanding third place with 10% market share, an achievement for a new entrant amidst a global pandemic.

realme breaks into smart personal audio market in India with the third spot in Q1 2020, according to Canalys
realme breaks into smart personal audio market in India with the third spot in Q1 2020, according to Canalys

 

Latest Canalys estimates show that shipments of smart personal audio devices in Asia Pacific, not including Greater China, grew 61% year on year to reach 16 million units in Q1 2020. Asia Pacific has surpassed Europe to be the third largest regional market in the smart personal audio category. The region now accounts for 21.1% of global shipments and demand is set to grow further, due to the increase in demand for smart phones in growing economies.

In discussing about the results, realme noted that there was an opportunity as key players globally were not fast enough to adapt to growing consumer needs. realme revealed that the majority of its consumers are youths and young professionals, who value form as much as function. “This means we have to deliver on both fronts to meet our customers’ needs”, says Xu Qi, realme’s Global Marketing President.

realme’s tech-trendsetting range of products incorporate the best in both design and technology. The Buds Q earpieces were designed by José Lévy, who has worked with brands such as Hermes. realme’s world-class design studio has attracted top designers wordwide such as Naoto Fukasawa, Jose Levy and more. realme plans to bring more designers from the US, Japan, Korea and Europe to infuse their works through realme products for a global audience.

The smart audio market is a fast-evolving market, with new features such as 5G and AIoT being experimented with in new products. As such products become cheaper and more reliable, consumers are becoming open to relying on technology for their daily needs. “Accounting for more than half the market, wireless earphones are the most popular category in India, with all the top five players, including smartphone vendors Samsung, Realme and Xiaomi, shipping more wireless earphones than any other category in Q1,” said Canalys Analyst Madhumita Chaudhary.

realme found success through deeply understanding their customers and being responsive to their needs. Recently, realme broke the record in selling smart TVs in India – they sold 15,000 smart TVs in just 10 minutes. realme has also announced their plan to release more than 50 AIoT products by the end of 2020 and more than 100 in 2021, to a global audience of more than 50 different countries and regions. With a strong lineup of products and a deep understanding of its markets and consumers, realme has ambitious aims to be the leader for consumer AIoT products on a global scale.

About realme

realme is a technology brand that provide superior quality and trendsetting smartphones and AIoT products to the global market. realme users are young, ambitious and globally minded. realme products empower these people to ‘Dare to Leap’ using the latest in technology and design.

realme is the seventh top smartphone brand in the world and was recognized as one of the mainstream smartphone brands according to Counterpoint’s statistics of global smartphone shipments in Q3 2019. In 2019, realme’s global smartphone shipments reached 25 million with a YoY growth rate of 808%, making realme the fastest-growing smartphone brand in the world. realme has entered 59 markets worldwide, including China, Sountheast Asia, South Asia, Europe, Russia, Australia, Middle East, Africa with global user base of over 35 million.

www.realme.com

 
PR Newswire

ZTE and Omdia co-host a global 5G SA webinar

Leave a comment

SHENZHEN, China, July 17, 2020 — ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today announced that it has hosted a live-streaming global 5G SA webinar in partnership with Omdia, a global leading technology research powerhouse.

At this webinar, experts from Omdia and ZTE have shared their insights on the global industry trends of 5G SA, and explored the various 5G SA deployment practices in China.

“56% of telecommunications service providers are preparing to deploy 5G core networks and 5G SA networks in the next 24 months,” said Dario Talmesio, Research Director of Service Providers Strategy at Omdia. “For that, China provides important learning opportunities from real-life implementations, as Chinese telcos are pioneering in 5G SA now.”

Jason Tu, Principle Scientist of NFV/SDN Products at ZTE, has elaborated the benefits of deploying 5G SA networks as well. “NSA/SA dual-mode terminals are now very popular in the market. The large -scale deployments of 5G SA networks in Chinese market have successfully verified the 5G SA end-to-end solutions,” said Jason.

“As the target architecture of 5G networks, 5G SA networks will help operators open a new 2B market. By selling different SLA-guaranteed network slicing to vertical industries, operators will obtain a new revenue source,” Jason added. He believed that speeding up the evolution to SA networks and even hopping directly to them seems to be a reasonable option now.

“With extensive experience in deploying 5G SA solutions in China, Asia and Europe, ZTE is well positioned to work with global operators and provide them with 5G common Core, SA radio networks or hybrid SA/NSA radio networks,” said Alex Wang, Managing Director of 5G RAN Solutions at ZTE.

ZTE has increased the coverage and capacity of 5G SA networks through FAST (FDD Assisted Super TDD), and has further enhanced the capability by virtue of low latency, mobile edge computing, network slicing and network sharing, according to Alex Wang.

ZTE is a provider of advanced telecommunications systems, mobile devices and enterprise technology solutions to consumers, operators, companies and public sector customers. The company has been committed to providing customers with integrated end-to-end innovations to deliver excellence and value as the telecommunications and information technology sectors converge. Listed in the stock exchanges of Hong Kong and Shenzhen (H share stock code: 0763.HK / A share stock code: 000063.SZ), ZTE sells its products and services in more than 160 countries. 

Media Contacts:

Margaret Ma
ZTE Corporation
Tel: +86 755 26775189
Email: ma.gaili@zte.com.cn 

Related Links :

http://www.zte.com.cn