Tag Archives: REA

UnionPay and Lazada Enter into Partnership to Grow International Online Transactions

BANGKOK, Oct. 13, 2023 /PRNewswire/ — UnionPay International announced today a partnership with Lazada to enable the acceptance of UnionPay cards on Lazada app. This partnership aims to provide more payment options for shoppers especially the Thai community and also customers from neighbouring Southeast Asia countries, ultimately driving the number of local and international transactions on Lazada, the leading online shopping platform in the region. 

According to Michael Shang, Country Manager of UnionPay International Thailand, “UPI’s partnership with Lazada Thailand is a milestone that marks a significant expansion of convenience and choice for our valued customers. We are committed to enhancing the shopping journey, providing a wider array of payment options, and strengthening our presence in the e-commerce ecosystem. This partnership exemplifies our dedication to delivering solutions that cater to the evolving needs of our customers. This collaboration not only enhances the shopping experience for our customers but also contributes to the growth of Lazada’s customer base.”

To commemorate this partnership, exclusively for Thailand issued UnionPay credit cards, shoppers can enjoy discounts up to 1,000 baht per person starting today until 30th November 2023. 

Also, new users who bind their UnionPay card for the first time can enjoy the following:

  1. instant discount of 500 baht with a minimum spend of 1,000 baht for their first purchase;
  2. use the code “UPINEW23” to receive 10% discount (capped at 250 baht) with a minimum spend of 1,000 baht, for their subsequent 2 purchases.  


There will be other exciting offers from UnionPay that shoppers can look out for until February 2025 too. 

Dr. Werapong Goo, Chief Executive Officer, Lazada Thailand added, “At Lazada, one of our top priorities is to provide a superior online shopping experience, of which the integrated and inclusive financial services are the crucial part. With this partnership, UnionPay cardholders can transact securely and conveniently on Lazada platform as well as enjoy a variety of exclusive privileges. The collaboration also strengthens Lazada’s payment ecosystem in Thailand, enabling us to better serve a broader group of eCommerce shoppers.”

UnionPay has become a recognized and widely accepted payment brand among Thai merchants and residents. Almost all ATMs and merchant POS terminals in Thailand now support UnionPay cards. Based on the ever growing acceptance network, more and more local residents are applying and using UnionPay cards, and more than half of the top 10 banks in Thailand have issued UnionPay cards, with a cumulative scale of over 10 million cards.

About UnionPay International

UnionPay International (UPI) focuses on the international business of UnionPay, a global payment network that serves the world’s largest Cardholder base. With 181 countries and regions accepting UnionPay cards, as well as millions of merchants in 47 markets globally accepting UnionPay Quick Response (QR) Code, UnionPay is one of the fastest-growing payment networks in the world.

As a company with a global acceptance network and a wide range of world-class payment services, UnionPay is committed to providing access to value and secure payment solutions that are tailored to the needs of the local market, to enable choice and ease of payment for consumers and businesses alike.

In Southeast Asia, UPI has enabled ATM, POS acceptance, card issuance and e-wallets across all 10 countries. For more information on UnionPay, visit https://www.unionpayintl.com/en/ 

“AI and Innovation: a creative revolution in business?” Publication of a new book by SKEMA’s professor, Margherita Pagani


PARIS, Oct. 11, 2023 /PRNewswire/ — In her new book, Margherita Pagani explores the interaction between artificial intelligence and business creativity. “Artificial Intelligence for Business Creativity”, published by Routledge, is a comprehensive guide to how AI is not just reshaping the business landscape, but acting as a catalyst for creativity and innovation within organisations.

AI and Innovation: a creative revolution in business?" Publication of a new book by Margherita Pagani, Director of the SKEMA Center for Artificial Intelligence at Skema Business School in Paris
AI and Innovation: a creative revolution in business?” Publication of a new book by Margherita Pagani, Director of the SKEMA Center for Artificial Intelligence at Skema Business School in Paris

“Artificial Intelligence for Business Creativity” examines the extent to which AI is capable of supporting the creative process within businesses. Co-edited by Margherita Pagani, Director of the SKEMA Center for Artificial Intelligence (SCAI) and Professor of Artificial Intelligence in Marketing, and Renaud Champion, the late AI expert, the book explores the complex relationship between individual creativity on a micro scale and organisational innovation on a macro scale from an AI perspective.

It features numerous contributions from recognised researchers in the field of AI from esteemed institutions such as Wharton, Royal Holloway, Bayes Business School and the University of Birmingham. The foreword was written by Igor Jablokov, CEO and founder of Pryon and inventor of the voice assistant Alexa, who is also a member of the scientific committee of the SCAI – SKEMA Centre for Artificial Intelligence research center.

Optimizing processes, improving human interaction

By shedding light on three crucial areas where AI can stimulate business creativity: product and service design, process optimisation and enhancement of organisational collaboration, the authors reveal the transformative potential of AI. “Artificial Intelligence for Business Creativity” is designed to be an invaluable guide for business leaders, managers, entrepreneurs and those with a keen interest in the intersection between AI and creativity. It offers practical guidance, insightful recommendations and an in-depth understanding of AI’s role in fostering creativity. It equips its readers with the tools to navigate and excel in the rapidly evolving landscape of AI.

Professor of artificial intelligence in marketing, Margherita Pagani is director of the SKEMA Centre for Artificial Intelligence research laboratory. An advisor to the European Economic and Social Committee (EESC) on the Consultative Commission on industrial change, she is also deputy editor-in-chief of the magazine Micro & Macro Marketing.

A world-renowned and award-winning researcher, her publications in top international journals focus on the impact of AI on consumer behavior and on digital ecosystems.

marcom@skema.edu

TRIBIT Launches a New Bluetooth Portable Speaker, StormBox Flow

Take the beat anywhere thanks to StormBox Flow’s compact size and 30h battery life

NEWARK, Calif., Oct. 10, 2023 /PRNewswire/ — TRIBIT, a global audio brand, drops the latest crop of StormBox Flow Bluetooth Portable Speaker that takes the music experience up a notch. Equipped with TRIBIT’s proprietary XBass® and RunStretch® technology, this brand-new speaker delivers a remarkable 25W output power and up to 30 hours of playtime. The sleek yet robust design makes it perfect for outdoor activities, like hiking, camping and everything in between.

TRIBIT StormBox Flow Portable Bluetooth Speaker, 25W Louder Sound with XBass, 30H Playtime Outdoor Speaker, IP67 Waterproof, Bluetooth 5.3 & TWS, Custom EQ. Indulge in the TRIBIT StormBox Flow audio experience with distinct vocals and powerful bass like no other.
TRIBIT StormBox Flow Portable Bluetooth Speaker, 25W Louder Sound with XBass, 30H Playtime Outdoor Speaker, IP67 Waterproof, Bluetooth 5.3 & TWS, Custom EQ. Indulge in the TRIBIT StormBox Flow audio experience with distinct vocals and powerful bass like no other.

Small yet Mighty

With the TRIBIT’s proprietary XBass® and RunStretch® technology coming in, the 25W StormBox Flow unleashes the pulsating sound like never before. Better still, users can double up the audio experience by pairing two StormBox Flow to create a one-of-a-kind immersive sound experience.

Music Streaming Day and Night

People wouldn’t normally expect an extensive amount of music playtime from such a compact audio device, but the StormBox Flow Bluetooth speaker is sure to be a pleasant surprise. Packing an incredible 30 hours of playtime and cutting-edge Bluetooth 5.3 connectivity, users will be able to go all day and not worry about signal loss or dropouts.

Head out and Jam out

If users are one of those who love music to bits, then the TRIBIT StormBox Flow is an apt companion. The compact size makes the speaker truly portable to wherever they want. Plus, users are sure to make a splash when they are at the pool or at the beach, thanks to the IP67 waterproof design so they don’t have to stop the music when it’s time to get wet.

Between now and October 14, 2023, get a 20% off promo code when users sign up at www.tribit.com. *Product and service specifications and availability may vary from country to country. Please contact media@tribit.com / support@tribit.com for detailed information.

About TRIBIT

Back to 2017, TRIBIT was born with one singular focus: to inspire outdoor exploration while embracing the beauty of nature and the magic of sound. Just like stepping into a journey where melodies of innovation resonate with your soul, TRIBIT decodes the music mystery with the notes of “do re mi” which echos our brand values.

We strive to make high quality audio accessible to all, orchestrating auditory brilliance. So now turn up the volume on your TRIBIT and treat yourself with better beats! For more information, visit www.tribit.com.

vivo Launches Funtouch OS 14: Smoother than Ever

SHENZHEN, China, Oct. 7, 2023 /PRNewswire/ — vivo today announced the launch of Funtouch OS 14 for vivo users in international markets. The Android-based system comes with all the benefits introduced in the new Android 14 version, with a unique vivo twist to deliver an enhanced, always-smooth user experience. With a focus on improving memory management, multitasking capabilities, personalization, privacy and security, as well as offering new video editing tools to allow for greater creativity and flexibility, Funtouch OS 14 ensures users enjoy every interaction with their device.


Smooth Envision: Smooth, Every Time

Funtouch OS 14 introduces Smooth Envision, an innovative approach that makes the OS experience smoother inside and out. By reducing the number of persistent processes and optimizing RAM usage, Funtouch OS 14 enhances system performance, responsiveness, and the ability to keep more apps active simultaneously. This enhanced RAM Saver feature adds up to 600 MB in available RAM space to devices with RAM configuration of 8 GB and above, making multitasking a breeze. For additional convenience, a new App Retainer feature ensures whitelisted apps that have not been closed manually are always restored to the last interface so users can easily continue where they left off. 

On select smartphone models, smoothness is also achieved visually with Motion Blur, another exciting upgrade that uses advanced algorithms to simulate motion blur when opening and closing apps on the home screen. This software-driven approach enhances the smoothness of displays with a 60 Hz refresh rate by an impressive 18.7%, ensuring silky-smooth visual transitions.

Do More at Once with Enhanced Multitasking Features

Funtouch OS 14 takes multitasking to the next level, introducing an upgraded small window feature. Thanks to the improved visibility of adjustment lines, users will now find it easier to navigate and understand the adjustment range. Users can keep up to 12 small windows active in the background, and the OS offers support for side-swipe suspension, giving users more control. For scenarios such as ride-hailing, watching a video, and chatting at the same time, when users want to focus on one app but still monitor another, a new non-interactive mini small window mode is introduced. Users can easily switch between the small window modes with a single tap.

More Color, More You: Personalize Your Experience

Funtouch OS 14 introduces a range of new personalization options, enabling users to express their unique style. Users can now customize the clock style on the lock screen, with options to choose from three clock layout styles and eight font styles. New always on display stylesi and a new minimalist theme have also been introduced. Based on Material You design, the new monochrome theme, called MY color palette, is simple and elegant and offers a diverse section of colors to choose from. Additionally, this feature contributes to power saving by optimizing the display for grayscale visuals.

Get Creative with New Advanced Video Editing Tools

Funtouch OS 14 comes with enhanced video editing capabilities, making it easier for users to create unique and captivating content without the need to rely on third-party apps. Users can now export videos in their original quality, supporting lossless export. Customizable video quality settings, including resolutions up to 4K at 60FPSii , give users greater creative control. Additionally, 25 filters have been added for easy video editing, all presented in improved thumbnails to better showcase the unique effects and usage scenarios and make it easier to choose. 

Furthermore, Funtouch OS 14 delivers an improved album browsing and viewing experience, allowing users to adjust the video playback speed, loop playback, enjoy full-screen playback, or take screenshots.

Safeguarding User Privacy and Security

Funtouch OS 14 empowers users to share their device while maintaining control over their personal information. A new Smart Mirroring feature allows users to seamlessly share their screen without worrying that the notification bar will pop up, accidentally revealing any personal information. Furthermore, users’ hidden photos are now protected with an additional password verification step.

Availability

Funtouch OS 14 will be available for download starting from mid-October on vivo X90 Pro and iQOO 11. 

About vivo

vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. Following the company’s core values, which include Benfen*, user-orientation, design-driven value, continuous learning and team spirit, vivo has implemented a sustainable development strategy with the vision of developing into a healthier, more sustainable world-class corporation.

While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers in Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai, Xi’an and more cities, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, imaging system and other up-and-coming technologies. Vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is loved by more than 500 million users worldwide.

*”Benfen” is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo’s mission to create value for society.
Stay informed of latest vivo news at https://www.vivo.com/en/about-vivo/news

i Always on display styles availability varies based on hardware specifications.

ii Available resolution options may vary across smartphone models.

Personal connections on social media drive more consumer purchases than influencers, Mintel research reveals

MUMBAI, India, Oct. 5, 2023 /PRNewswire/ — Indian consumers are more inclined to be influenced by people they know personally on social media when making purchasing decisions, according to the latest research by Mintel.

While urban consumers show a preference for online influencers, with 28% relying on them compared to 19% of the total sample, they are more heavily influenced by social media posts from people they know across various categories like clothing and accessories (51%), dining out (33%), and household items (31%).

This trend is not exclusive to urban areas. In Tier 3 cities, a significant 67% of consumers have not made purchases based on online influencers’ recommendations in the last six months through May 2023. Mintel research suggests that despite engaging with online influencers, consumers in low-tier cities remain unconvinced when making purchase decisions.

Urban Gen Z and Millennials draw inspiration from sports and entertainment celebrities

However, in urban settings, an affinity toward sports celebrities has emerged due to the increasing preference for an active lifestyle, particularly for Gen Z and Millennials. In the past six months, two in five women (40%) and men (36%) aged 18-34 have made clothing and accessory purchases based on influencer recommendations. Notably, nearly four in 10 (39%) men aged 18-34 who follow influencer advice favour sports celebrities over entertainment celebrities.

“When developing their social media marketing strategy, it’s critical for brands to consider consumers’ preferences, whether they’re targeting young men who admire sports stars for their lifestyle and fashion choices, or young women who tend to look up to entertainment celebrities and movie stars for fashion inspiration,” said Saptarshi Banerjee, Senior Lifestyle Analyst, Mintel Reports India.

Women aged 18-44, particularly those between the ages of 35 and 44, show a significant inclination toward entertainment celebrities. Nearly two in five (37%) female followers of such celebrities say they purchase beauty and grooming products based on online influencers’ recommendations, compared to 24% of female consumers from the total sample who are active on social media platforms.

“The influence of celebrities in social media extends beyond beauty and grooming to a wide range of lifestyle categories, including clothing and accessories, dining out and shopping for household items such as furniture and home décor.

“Our research indicates that sports celebrities influence urban consumers, in particular, while urban females find inspiration in media celebrities’ lifestyles. Brands can leverage the aspirational appeal of these celebrities, combining it with the broad reach of micro and nano influencers to craft compelling and authentic influencer marketing campaigns,” continued Banerjee.

Authenticity and the rise of micro and nano influencers

Consumer awareness is growing regarding the financial gains that drive online influencers, with 24% of metro consumers (compared to 18% of the total sample) feeling that most influencers are untrustworthy. This has underscored the importance of authenticity and trust in successful influencer marketing campaigns.

Moreover, 33% of those distrustful of online influencers believe that social media influencers with fewer followers are more authentic than those with massive followings. “The increasing distrust of online influencers with massive followings highlights the growing relevance of micro and nano influencers* as they are seen to be more relatable and approachable than their more famous counterparts, thus garnering greater trust from consumers,” noted Banerjee.

Furthermore, nearly half (47%) of consumers are drawn to influencers who are knowledgeable, easily accessible and foster a personal connection with their audience. Additionally, authentic reviews in conjunction with humorous content can be instrumental in connecting with 56% of consumers, according to Mintel research.

“Consumers who immerse themselves in social media platforms are often drawn to content that speaks directly to their everyday concerns in an amusing and captivating manner. In this time of uncertainty, humour provides a much-needed reprieve and is thus a particularly attractive form of content,” added Banerjee.

YouTube: The most popular platform

Across different age groups, YouTube is the most widely used social media platform among Gen Z (87%), Millennials (72%) and Gen X (47%). Furthermore, younger consumers are engaging with multiple social media platforms with 47% of Indians aged 18-24 using four or more, while 31% of those aged 25-34 are active on three or more platforms.

Mintel research shows that 21% of Older Millennials aged 34-42 (compared to 16% of the total sample) actively engage with brands on social media, highlighting the growing significance of these platforms for this generation. A majority of them follow brands on Facebook (89%) and Instagram (67%), emphasising the value of maintaining a brand presence on these platforms.

“Facebook can be a great platform for brands to keep Older Millennials up to date with the latest industry trends and product announcements, while Instagram can be used to create visually appealing and unique engagements.

“Additionally, only half of Gen X have been active on social media in the last six months, while 70% of Baby Boomers have not used social media in the same period, making them less conducive to online influencer marketing,” concluded Banerjee.

Notes:

*Micro-influencers (10k100k followers) and nano influencers (<10k followers)

KREAM Announces Business Integration with SODA… To Leap as Asia’s Largest C2C and Fashion E-commerce Platform

  • SODA, Operator of Japan’s Largest Limited-Edition Goods Trading Platform SNKRDUNK, is Leading the Country’s Consumer Trend and Culture
  • Integration of the two companies is expected to create the number one C2C and fashion e-commerce platform in the Asia-Pacific region, beyond Korea and Japan

SEOUL, South Korea, Oct. 4, 2023 /PRNewswire/ — KREAM Corporation (CEO and founder Kim Changwook) has announced its strategic integration with SODA inc. (“SODA”) (CEO and founder Yuta Uchiyama), the operator of Japan’s largest limited-edition goods trading platform, SNKRDUNK.  Through the investment, Soda is expected to incorporated into KREAM’s consolidated subsidiary.

Soda launched its SNKRDUNK service in 2018 and is best known as a Japanese startup backed by SoftBank’s Vision Fund 2. In 2021, SODA acquired MONOKABU, the second-largest player in the market, solidifying its position as the undisputed leader in the Japanese market

KREAM was launched in 2020 as one of the services operated by NAVER’s subsidiary, SNOW Corporation, and emerged as the largest and fastest growing player in the Korean fashion C2C market. Since its inception, KREAM has recorded an annual growth rate exceeding 230% based on transaction volume strongly followed by the nation’s trend-setting MZ and Alpha generation crowd.

The integration of the two companies is expected to provide an expanded product offering and channel offering to both the consumer and fashion brands not only in Korea and Japan, the two largest Asian markets for limited goods, but also eventually in other countries such as US, Australia, Thailand, Singapore, Indonesia, Malaysia, etc., where KREAM and SODA have respective operations or exposure.

The integration planning for synergies between KREAM and SODA is set to be completed in the first half of 2024. Current SODA management will continue to run SODA’s operation and an IPO of SODA in Japan is also being considered. SODA’s CEO and founder Yuta Uchiyama will be joining KREAM as its board member as well as chief officer for the combined operation’s global expansion.

Meanwhile, KREAM has also made additional investments in Sasom Company, which operates the leading Thailand’s limited-edition trading platform SASOM. Thailand is an emerging market leading Southeast Asia. As the size of the 1020-centered market is growing rapidly, the business is expected to grow even higher in the future.

Casio to Open Virtual G-SHOCK STORE in the Metaverse

First to Offer Watch Customization Experiences in VRChat

TOKYO, Oct. 3, 2023 /PRNewswire/ — Casio Computer Co., Ltd. announced today the launch of a metaverse-based virtual store for the G-SHOCK brand of shock-resistant watches. The new store will open on October 6, 2023 on the social virtual reality platform VRChat, allowing visitors to enjoy watch customization experiences and more.


In recent years, it has become more and more popular for younger users to create avatars (virtual personalities), explore virtual spaces and engage in communication with each other in the metaverse.

In response, Casio is opening a virtual G-SHOCK STORE space, called a “world” in the metaverse, to encourage a culture of outfitting avatars with timepieces, building on the strong support G-SHOCK enjoys from users for its shock resistance and unique designs. Casio has signed a partnership agreement with VRChat Inc., the operator of the world’s largest social virtual reality platform, VRChat. This marks the very first time a watch manufacturer has opened a world (virtual space) in VRChat.

The G-SHOCK STORE virtual world will provide a watch customization service that allows users to combine different components to create their own personalized G-SHOCK watches, as well as to see how their VRChat avatars look wearing the watches they created. In addition, users can purchase watch components as digital items for use in VRChat at the official Casio online shop on BOOTH, a global online marketplace for creative endeavors, to create virtual G-SHOCK watches that can be worn by their avatars in the G-SHOCK STORE and other VRChat worlds. These virtual watches are linked to the time at the user’s location, allowing users to check the time within VRChat.

Inside the G-SHOCK STORE in the metaverse
Inside the G-SHOCK STORE in the metaverse

About VRChat

VRChat is a virtual reality metaverse platform that enables users to assume the forms of avatars and enjoy interactive experiences in virtual worlds. Millions of people have formed a wide array of user communities in which they can freely enjoy activities in metaverse spaces on the platform.

EcoFlow Powers Up for Amazon’s Prime Big Deals Day with Unbeatable Savings

Fall into savings with exclusive deals on best-selling products Oct. 1 to 15

SEATTLE, Oct. 1, 2023 /PRNewswire/ — With the return of cold weather, EcoFlow, a portable power and eco-friendly energy solutions company, is offering its biggest discounts ever on its best-selling portable power stations for Amazon’s Prime Big Deals Day sales event.

Customers can save on EcoFlow’s portable power stations, solar generators, smart devices and more from Oct. 1 to 15.

Whether adventurers seek to power their fall outdoor experiences or early-bird shoppers aim to get ahead of holiday shopping, all of EcoFlow’s products are in stock for a hassle- and delay-free shopping experience.

EcoFlow will have exclusive deals on their DELTA series including:

  • DELTA Pro: Save up to $900 on DELTA Pro portable power station and up to $2,299 on the DELTA Pro and Smart Extra Battery bundle, for those looking for additional power. Designed for home backup and emergency preparedness with a total 3.6kWh capacity (expandable to 25kWh), it can power your home for days. DELTA Pro has been chosen by 150,000 customers worldwide as an indispensable addition to their homes for safe and reliable backup power.
  • DELTA 2: Save up to $250 on DELTA 2, a great solution for tailgating during the football season or preparing for unexpected winter power outages. A versatile power station with 1kWh energy storage that can power over 90% of appliances and charge seven times faster than competitors. DELTA 2 is a top seller, with over 200,000 customers recommending it for its exceptional performance and reliability.
  • DELTA 2 Max: Save up to $300 when purchasing DELTA 2 Max, the newest addition to the lineup. Its lightweight design and portability make it suitable when on the go, whether camping or RVing. Add      EcoFlow portable solar panels to create a generator free of fume, noise maintenance. This portable power station boasts a 2kWh capacity and keeps your essentials running when you need them most.

Other incredible deals include EcoFlow’s Smart Devices, including 40% off WAVE 2, a portable battery-powered AC and heating unit with add-on battery and 160W solar panel for year-round outdoor comfort. Customers can enjoy 19% off GLACIER, a portable fridge with integrated ice maker, plug-in battery, wheels, handle, and 110W solar panel, perfect for extended off-grid cooling.

On Oct. 3, 6, 9 and 15, EcoFlow will have six-hour flash sales from 12 p.m. ET to 6 p.m. ET. Customers can save up to 48% on bundles including DELTA Pro Extra Battery, DELTA 2 with DELTA 2 waterproof bag, RIVER 2 with a 60W portable solar panel, RIVER 2 Max with a 160W portable solar panel and more.

All of these deals are available through the EcoFlow website and the EcoFlow Amazon Store.

Fall into savings with EcoFlow's exclusive deals on best-selling products Oct. 1 to 15
Fall into savings with EcoFlow’s exclusive deals on best-selling products Oct. 1 to 15

About EcoFlow
EcoFlow is a leading eco-friendly energy solutions company with the vision to power a new world. Since its founding in 2017, EcoFlow aims to become a reliable and trusted energy companion for individuals and families across the world, providing accessible and renewable power solutions at home, outdoors, and in mobile spaces. Today, with operational headquarters located in the USA, Germany, and Japan, EcoFlow has empowered more than 2.5 million users in over 100 markets worldwide. For more information, visit https://www.ecoflow.com/us.

Source: EcoFlow Technology Inc.

Ultimate Smart Home Compatibility with the New, Next-Gen ULTRALOQ Bolt Smart Locks

The newly launched ULTRALOQ Bolt smart Wi-Fi deadbolts connect seamlessly with all major smart home systems including Apple HomeKit, Amazon Alexa, Google Home, Samsung SmartThings, and IFTTT.

UNION CITY, Calif., Sept. 30, 2023 /PRNewswire/ — U-tec, a leader and trusted brand for smart home solutions, is launching the next generation of its award-winning flagship ULTRALOQ Bolt smart Wi-Fi deadbolts series in late 2023, once again providing ULTRALOQ customers a smart lock with unparalleled connectivity, utility, security, and home integration. 

A new product launch event is scheduled to unveil new ULTRALOQ Bolt series in Santa Clara, California, October 3, 2023. The pricing and pre-sale information will be announced at the launch event.

The new ULTRALOQ Bolt series is the most versatile yet as it is compatible with all major smart home systems including Apple HomeKit, Amazon Alexa, Google Home, Samsung SmartThings, and IFTTT – catering to users’ varying preferences for smart home systems. This impressive level of connectivity comes on top of ULTRALOQ smart locks’ multiple unlocking methods and keyless entry, built-in Wi-Fi connectivity, and a battery life of up to one year. The sleek ULTRALOQ Bolt design has also been given a stylish black and metallic design update.

Bolt NFC
Bolt NFC

Designed for Apple users

Different variations of the ULTRALOQ Bolt are available to fit users’ different needs. Working with Apple to bring the best keyless smart lock experience to users, Apple users can opt for the ULTRALOQ Bolt Fingerprint Edition, one of the world’s first Wi-Fi enabled deadbolt compatible with Apple HomeKit; or the Apple Home Key-enabled NFC Edition, which allows users to unlock with a single tap of their phone or smartwatch. Even if your iPhone runs out of battery, it can still be used to unlock the door within five hours. 

“U-tec has been a pioneer in revolutionizing the way people access their homes. Our goal is to deliver a better keyless entry experience for everyone,” said U-tec’s Vice President of Marketing and Business Development, Clark Ruan.

“Apple Wallet’s Home Key is an easy, convenient and secure option for our users. We are proud to work together with Apple to launch this life-changing digital experience by utilizing their iPhone or Apple Watch as their keys. With the Apple Home app, the ULTRALOQ Bolt series can be controlled and integrated with other HomeKit compatible devices into users’ daily routines,” Ruan said. 

The ULTRALOQ Bolt Matter Edition, one of the world’s first smart Wi-Fi deadbolt compatible with Matter, the next-gen smart home standard, will follow soon after – it will be coming in early 2024. 

Upgrades to ULTRALOQ’s smart lock technology

Other exciting tech specs under the hood include a 360-degree live fingerprint ID powered by an AI self-learning algorithm which improves over time; a more durable and weather-resistant anti-peep keypad compatible even with gloves; and an auto unlock function that uses mobile geofencing technology to unlock the door when you arrive home. These features mean customers can say goodbye to needlessly taking more time to unlock their doors, whether by fishing through for their keys or while their hands are full with groceries. 

Every Bolt model also offers long-lasting battery life of up to one year, with a LED battery indicator and low battery warning to remind users of timely battery replacement and ensure users are never left locked out. 

ULTRALOQ Bolt deadbolt automatically locks when closed and sends a reminder to your phone if a door is left unlocked, offering peace of mind for customers – particularly those with young children and pets that could easily escape an open door. 

Easy DIY installation also means even the most entry-level smart home customers can easily install an ULTRALOQ Bolt deadbolt. All that’s required for installation is a screwdriver – no wiring and no drilling needed. 

As with all ULTRALOQ smart locks, the Bolt series can be controlled via the U-tec app, whether it’s to check the lock status, door open/close status, access records, or managing permanent/temporary fingerprint, passcode and key card access. With U-tec planning to branch out with even more smart home products, users will also be able to integrate with smart products including Ulticam smart security cameras, the Bright smart lighting system, as well as smart switches and plugs in the future. 

About U-tec

Located in Union City, California, U-tec invents and manufactures the ULTRALOQ Whole-Home smart lock system that delivers an exceptional access experience with ultimate flexibility, security and convenience. U-tec is setting a new standard for smart home security with its best-in-class design and advanced technologies. Every day, U-tec helps keep more than 1 million North American customers and their assets safe.

For more information, please visit: https://www.u-tec.com/ 

Bolt Fingerprint
Bolt Fingerprint

FIRST Global, Title Sponsor Lam Research to Host the World’s Most International Innovation Challenge to Inspire Kids in STEM, Future Solutions for Climate Change

Nearly 200 countries to compete in robotics at the 2023 FIRST Global Challenge in Singapore

WASHINGTON and FREMONT, Calif., Sept. 28, 2023 /PRNewswire/ — The 2023 FIRST Global Challenge will in a few weeks bring together thousands of teens from across the globe to compete in robotics and collaborate to find renewable energy solutions. Created and administered by FIRST Global and helped made possible by Title Sponsor Lam Research, the exciting four-day event is intended to encourage the next generation of innovators.

Students from around the world compete at 2022 FIRST Global Challenge. Photo courtesy of FIRST Global.
Students from around the world compete at 2022 FIRST Global Challenge. Photo courtesy of FIRST Global.

The 2023 FIRST Global Challenge will be held in Singapore from October 7-10, 2023. The event focuses on cultivating a passion for science, technology, engineering, and math (STEM) through competition and fun. Now in its seventh year, the Challenge continues to grow in size and scale. Under this year’s theme, “Hydrogen Horizons,” competing high school age students will learn about renewable energy and sharpen their problem-solving skills. With nearly 200 countries competing, the event is the most multinational innovation competition in the world, according to FIRST Global.

“The 2023 FIRST Global Challenge is more than a robotics and STEM challenge, it’s a springboard to inspire curiosity, the innovative spirit, and the understanding of what’s possible when we work together,” said Dean Kamen, founder of FIRST Global. “We are thrilled to bring the FIRST Global Challenge to Singapore. This year, the event is of particular importance as it centers on revolutionizing renewable energy — one of the world’s most pressing problems.”

Powering Breakthroughs Together

Lam, a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry, believes that increasing the pipeline of future talent in technology is not only critical to driving the future of semiconductors but also enabling the world to tackle its biggest challenges.

“As we continue to transform the world through technology, we are committed to taking an active role in inspiring and empowering the next generation to help create a better world,” said Stacey MacNeil, chief communications officer and group vice president of ESG at Lam Research. “The FIRST Global Challenge provides life-changing learning experiences for competing students, equipping them with the knowledge and skillsets needed to succeed in the innovation workforce of the future.”

The company has pledged a $10 million donation* to FIRST Global, providing critical funding to support FIRST Global’s mission to expand access to STEM education and cultivate future global technology leaders. The Lam donation is the company’s most significant gift since unveiling its social impact platform, Powering Breakthroughs Together, in 2022. This year, Lam has also provided over 30 mentors worldwide for competing teams, helping to ensure every youth team has an opportunity to thrive at the event.

Teens to Collaborate on Robotics and Develop New Renewable Energy Solutions

During the FIRST Global Challenge, each team will put their unique robot built for the competition to the test in a series of matches and challenges related to renewable energy. Robots will be navigated through a game environment which represents the process of hydrogen energy development. Each team’s robot will score points by producing hydrogen and then storing, transporting, and converting energy. Teams will work together in randomly selected multi-country alliances to score points, thereby encouraging global cooperation and collaborative innovation.

FIRST Global teams will also compete in an innovation competition known as the New Technology Experience (NTE). Under the NTE theme “Energy Evolution,” teams are guided to understand all types of renewable energy, including hydrogen technologies. FIRST Global teams will then research and develop their own innovative solutions to advance the implementation of and improve access to renewable energy.

More information on the 2023 FIRST Global Challenge can be found at first.global.

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About FIRST Global
FIRST Global’s mission is to inspire science and technology leadership and innovation in youth from all nations in order to increase understanding, instill the importance of cooperation, address the world’s most pressing issues, and improve quality of life for all. Bringing these future STEM leaders together in an engaging and collaborative competition drives home the importance, excitement, and applicability of STEM education and demonstrates that they can work together — even in competition — to find solutions to the world’s greatest challenges. Learn more at first.global.

About Lam Research
Lam Research Corporation (NASDAQ: LRCX) is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research is a FORTUNE 500® company headquartered in Fremont, California, with operations around the globe. Learn more at www.lamresearch.com.

*Contribution to be distributed over a three-year period, from 2023-2025.

FIRST Global Media Contact:
Matt Stalford
press@first.global
+1 (484) 574-2660

Lam Research Media Contact:
Laura Bakken
laura.bakken@lamresearch.com
+1 (510) 572-9021