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PR Newswire

VUZ the Leading Immersive Social App Raises $20M in Series B Round

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DUBAI, UAE, Oct. 15, 2022 /PRNewswire/ — VUZ, the leading immersive social app, that allows users to stream and experience a new level of immersive realism in XR and other digital experiences, raises $20 million in series B funding led by international investors including Caruso Ventures, Vision Ventures VC Fund, and strategic investors such as e& capital, investment pillar of e& (formerly known as Etisalat Group), DFDF (Dubai Future District Fund), SRMG, and WIN (Webit Investment Network).

Khaled Zaatarah CEO of VUZ
Khaled Zaatarah CEO of VUZ

Investors in the round included three strategic funds from Europe including WIN, Elbert Capital, and Yasta Partners. Additional Investors that joined the round are Faith Capital, Panthera Capital, and seven of the existing previous investors followed on. With this round, VUZ is now backed by a mix of investors based in the US and EMEA that will play a major role in supporting VUZ in its international expansion.

VUZ, which was known previously as 360VUZ, bridges the gap between the physical and virtual worlds to offer the biggest premium immersive content library in the world with more than 20,000 hours of immersive content covering entertainment, creators, and sports segments, and XR, VR, and AR experiences from virtually anywhere in the world. VUZ’s vision is bringing people together and connecting the world by providing authentic immersive experiences while removing the constraints of (TTA) Travel, Time, and Access to billions of people around the world.

Khaled Zaatarah, the founder of VUZ, commented: “Our mission is to build a hyperconnected product to teleport, empower, and entertain millions of users globally. We are very thankful to have some of the strongest international investors as part of our journey to build a global social immersive platform while leading the new technology revolution, accelerating the future of media and trends such as XR (AR and VR) while building strong sustainable growth.”

The funds will be used to fuel VUZ’s expansion plans in growing its core, accelerate the growth of 10% growth month over month in its recurring subscription revenue, investing in top content, hiring additional key senior hires, new social features, launching Web3 products, and scaling with asset-light operations into 8 additional new international markets, following its partnership and integration with 45 Telecom Operators globally. Telecoms are seeing that immersive media is one of the strongest use cases for 5G and it’s the future of video streaming. Funds will also support VUZ to further scale its Los Angeles office and scale with creators and content in the USA, Asia, and Europe.

“Our plans for the future are 10X stronger than what we have been building for the past 6 years, as we have built the base and now we are ready for sustainable scalability and growth at a scale-up stage. Special thanks to everyone that believed in us and to every member of our team.” Zaatarah adds.

The extended reality immersive platform VUZ reached over 1 Billion Screen Views and is aiming to reach 3 Billion Screen Views in 2023. VUZ provides users and top creators around the world with the latest immersive technologies, different authentic views, and top immersive experiences. Creators’ immersive content collaborations have been one of the core drivers of VUZ where it has top creators with a total reach of over 100 Million globally.

Dan Caruso, Managing Director of Caruso Ventures, an investor, a 3x decacorn entrepreneur, and an avid supporter of entrepreneurship commented: “We are very thrilled for leading the Series B for VUZ, VUZ is uniquely positioned to continue building a global platform and to partner with top telecom operators globally. We will use our deep scale-up experience to support VUZ achieve its global vision.”

Kushal Shah, Head of Venture Capital, e& capital, said: “We are excited about investing in a tech company like VUZ that supports the creation of virtual content as well as enables futuristic immersive experiences. This is in line with our commitment to collaborate with visionary tech businesses that we believe will contribute to building a better and brighter digital future. We will continue to invest into the company’s success, partnering with them to help them achieve growth and enable meaningful progress that moves this digital world forward.”

In addition to the new investors, 360VUZ is backed by investors such as Knollwood Investment Advisory, AlTouq Group, Impact46, Shorooq Partners, KBW Ventures, Media Visions, Hala Ventures, 500Startups, DAI, Al Falaj, Magnus Olsson, Samih Toukan, Jonathan Labin, DTEC Ventures, Plug and Play Ventures, Al Rashid family and other strategic angel investors.

Stay updated with us on Instagram: https://bit.ly/360VUZ-Instagram

Our VUZ Mobile App Link: https://bit.ly/360VUZ-App-PR

VUZ, formerly known as 360VUZ

www.VUZ.com is a tech company founded in 2017 and one of the fastest growing platforms in the world. So far, the company has attracted $30M in venture capital. VUZ has reached over 1 billion screen views and has offices in Dubai, Los Angeles, and Riyadh, and counts a team of more than 50 people with specialties in various types of innovation and product development expertise across multiple technology sectors. Won the startup of the year award and won as a finalist in the Webit Founders Games out of 3,500 tech scaelup tech companies including Time Draper as a jury member.

PR Newswire

Veritas Invests in Cloud-Focused Team for International Region

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SINGAPORE, Oct. 14, 2022 /PRNewswire/ — Veritas, a leader in multi-cloud data management, has announced a significant investment in its go-to-market strategy across its International Region, with the appointment of a new cloud-specialist team focused on Africa, Asia, Europe, Middle East and Pacific. Lead by Mark Shephard, International Cloud Sales Leader, and Paul Hollebon, International Cloud Pre-sales Leader, the team of sales and technical-sales specialists will support Veritas’ new and existing customers as they look to expand their data management provision across new and complex cloud environments and move to Autonomous Data Management.

Andy Ng (Vice President and Managing Director for Asia South and Pacific Region, Veritas)
Andy Ng (Vice President and Managing Director for Asia South and Pacific Region, Veritas)

The new team will include Vic Ciencia and Abhishek Saxena who will be responsible for driving cloud-based activity for Veritas in the Asia South and Pacific region.

Andy Ng, Vice President and Managing Director for Asia South and Pacific Region at Veritas,  said: “The current hybrid working model has been made possible with the adoption of cloud services and use of cloud collaboration tools. However, businesses are playing catch-up with the post-pandemic work practices to manage the soaring volumes of data created across different cloud storage locations. The additional support provided by the new cloud-specialist team would help our customers and partners across the Asia South and Pacific region to optimise cloud footprint and costs, and keep data safe from threats such as ransomware.”

Mark Shephard, International Cloud Sales Leader at Veritas, said: “Organisations everywhere have accelerated their adoption of cloud-based collaboration solutions, doubling down on multi-cloud initiatives to meet immediate business demands. This has paved the way for complex hybrid infrastructures that delivered on accessibility, flexibility and scalability but has introduced governance challenges and ballooning costs as data becomes increasingly siloed across environments. Our new cloud-specialist team is here to help Veritas customers address those challenges with a diversity of insights in addressing data management challenges from edge to core to cloud.”

Shephard’s own experience is built on 25 years as a leader in the IT sector, driving success at companies such as Zscaler, Symantec and Barclays. His most recent role before joining Veritas was at Amazon Web Services, where he led an international team of 40 to support global customers. A Veritas employee earlier in his career, Shephard returns to the company having augmented his significant data management prowess with ten years of cloud experience.

Paul Hollebon, International Cloud Pre-sales Leader at Veritas, said: “Veritas is committed to the path of freeing our customers from the operational burden of data management. Autonomous Data Management, powered by the cloud, will bring value to existing and new customers looking to complement their internal teams’ routines with technology that provides an autonomous approach to data protection, secondary data management and archiving across the multi-cloud data estate. Providing coherent technical guidance aligned to a customer’s cloud vision is what this team is here to do.”

Hollebon joins Veritas from Commvault, where he led the EMEA Field Advisory Services Team, an international group of specialists that provided advanced technical presales support for Commvault’s largest and most strategic customers in some 20+ countries.

With 20 years’ experience in the IT industry, Hollebon has also led pre-sales and specialist teams at Dell EMC in the Netherlands, enabling a breadth of digital transformation initiatives across data management, virtualisation and infrastructure solutions.

The Veritas cloud-specialist team is in place today and supporting customers and partners across the region.

About Veritas 

Veritas Technologies is a leader in multi-cloud data management. Over 80,000 customers—including 95% of the Fortune 100–rely on us to help ensure the protection, recoverability, and compliance of their data. Veritas has a reputation for reliability at scale, which delivers the resilience its customers need against the disruptions threatened by cyberattacks, like ransomware. No other vendor is able to match Veritas’ ability to execute, with support for 800+ data sources, 100+ operating systems, 1,400+ storage targets, and 60+ clouds through a single, unified approach. Powered by our Cloud Scale Technology, Veritas is delivering today on its strategy for Autonomous Data Management that reduces operational overhead while delivering greater value.  Learn more at www.veritas.com. Follow us on Twitter at @veritastechllc.

Veritas and the Veritas Logo are trademarks or registered trademarks of Veritas Technologies LLC or its affiliates in the US and other countries. 

PR Newswire

Neusoft Reach Listed in KPMG China’s Leading Autotech 50 for the Third Consecutive Year

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SHENYANG, China, Oct. 13, 2022 /PRNewswire/ — Recently, the award ceremony of the fifth edition of KPMG China’s Leading Autotech 50 was held in Shanghai. Neusoft Reach, an innovative company invested by Neusoft Corporation, received an award in the “Leading Autotech Innovators” category for their innovative contributions to the field of software-defined vehicles (SDV). This is the third consecutive year that Neusoft Reach has received an award in this category. 

The fifth edition of KPMG China’s Leading Autotech 50 focuses on four segments: service innovation, autonomous driving, connectivity and electrification. Based on the evaluations and interviews by KPMG partners, automotive investors, and relevant experts, 50 leading and 50 emerging automotive technology companies with good performance, R&D excellence and market potential were included in the final list of awardees.

As an innovative automotive company established in 2015, Neusoft Reach is committed to providing next-generation automotive software platforms and key technologies. It supplies auto makers with products, technologies, and overall solutions covering basic automotive software NeuSAR, assisted driving and autonomous driving, vehicle-cloud integrated software and services, powertrain system controllers and software for new energy vehicles, energy and thermal management systems, shared mobility platforms, and more.

Neusoft Reach holds a leading position in the areas of basic automotive software and autonomous driving and sees continuous rapid growth in businesses such as vehicle-cloud integration and battery management systems (BMS) for new energy vehicles. Neusoft Reach continues to focus on software technology and work with auto companies to jointly drive growth in a new win-win automotive industrial ecosystem.

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PR Newswire

HK’s integration with GBA opens new chapter

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HONG KONG, Oct. 9, 2022 /PRNewswire/ — Hong Kong should accelerate its exploration, research and study of the changing situations in the Guangdong-Hong Kong-Macao Greater Bay Area so that the city can better perform its superconnector role in the building of the region.

Political and business heavyweights made the observations on Thursday at the Greater Bay Area Conference 2022 and 25th Anniversary Ceremony of China Daily Hong Kong Edition, themed “GBA: Integration Writes a New Chapter”.

Co-organized by China Daily and the Hong Kong Coalition, the conference consisted of three panel discussions on how to promote technology and innovation, forge financial connectivity, and preserve cultural heritage in the city-cluster area, which comprises the two special administrative regions of Hong Kong and Macao, and nine cities in Guangdong province.

Over 400 people, including government officials, business leaders, and experts from the Chinese mainland, Hong Kong and overseas, attended the hybrid event.

Leung Chun-ying, a vice-chairman of the Chinese People’s Political Consultative Conference National Committee, said that “knowledge about the changing situations on the other side of the tiny Shenzhen River is key”, as better cross-boundary mobility of resources such as professionals, capital, goods and electronic data, is needed.

Leung cited as an example the fact that Chinese customs officials have released new measures regarding Nansha district of Guangzhou, and these measures included the freer flow of materials for biomedical research, the development of an international logistics center, and cross-boundary e-commerce and aircraft leasing businesses.

But the recent development of the Greater Bay Area is not detailed in Hong Kong media reports, or analyses by Hong Kong research institutions, or commentaries by Hong Kong opinion leaders, Leung added.

“What it means is that Hong Kong has to double up efforts of exploring, researching, studying, comparing, ‘tea-sipping’ and engaging on the other side of the river,” Leung said. “As the most international city in the Greater Bay Area, Hong Kong should reinforce the advantage as the superconnector to share our knowledge of the Greater Bay Area cities to entice international business partners.”

Leung suggested media organizations, research institutions, chambers of commerce and professional bodies set up permanent branches in the Greater Bay Area cities to have “eyes and ears, arms and legs and voices on the ground”.

Hong Kong Chief Executive John Lee Ka-chiu agreed. “Hong Kong and other Greater Bay Area cities continue to collaborate closely and complement one another to bring about enormous opportunities for our people, our businesses and our communities.”

Lee added: “Hong Kong will leverage its highly market-oriented and internationalized business environment, its well-developed professional-services sectors, as well as the city’s status as an international financial, trade and shipping center” to develop the Greater Bay Area as a world-class city-cluster for living, traveling and working.

“As the world’s freest economy and the largest offshore renminbi business center, Hong Kong is the ideal gateway to connect international investors with the mainland on the one hand and help channel mainland funds to the global market on the other,” Lee said.

Maria Tam Wai-chu, deputy secretary-general of Hong Kong Coalition, said that the integration not only refers to infrastructural integration in transport and communication networks, “but also in our rules and regulation, administrative and professional practices and cooperation”.

Tam said that Guangdong province has a complete chain of economic activities, but the services sector is comparatively less strong than the primary and secondary industries.

“Here is where Hong Kong can play a vital role with our strong third-sector services and our links to the world markets,” she said. “This is a perfect combination to create an even more powerful economic growth engine.”

In 2021, the total gross domestic product of the Greater Bay Area was about 12.6 trillion yuan ($1.77 trillion), and 25 of its corporations were in the top 500 globally. The city-cluster area has over 50 unicorns (startups with a value of over $1 billion) and over 1,000 incubators. It also boasts the majority of the over 60,000 high-technology companies in Guangdong.

Qu Yingpu, publisher and editor-in-chief of China Daily Group, said the Thursday conference invited some of the finest minds in the region to unravel the nuances embedded in the idea of the Greater Bay Area, and to find some well-thought-out responses to some questions.

“Will Hong Kong be able to use its financial services and legal assistance facilities to boost trade ties between fellow Greater Bay Area member cities and their international partners? How effective is its role as a cultural bridge connecting the Greater Bay Area with the rest of the world going to be, and what does Hong Kong stand to gain in the process?” Qu asked.

In addition to the roundtable conference on how various stakeholders can forge ahead with the Greater Bay Area blueprint, the Thursday event also featured the 25th anniversary of the China Daily Hong Kong Edition.

Zhou Li, deputy editor-in-chief of China Daily Group and publisher and editor-in-chief of China Daily Hong Kong, agreed. “We add an important new voice to the local media and play an ambassadorial role in helping China to forge stronger political and economic ties with other countries and step up social and cultural exchanges,” he said.

“We also helped unpack the idea of ‘one country, two systems’, and articulate its ambitions,” Zhou added.

About China Daily

Founded in 1981, China Daily covers 400 million readers and users worldwide through diversified platforms, including newspapers, websites, mobile devices, and social media. The number of China Daily’s followers has now reached 70 million on Weibo, 13 million on the WeChat blog platform, 105 million on Facebook, and 4.23 million on Twitter.

About the China Daily Asia Leadership Roundtable

The China Daily Asia Leadership Roundtable is a by-invitation network of movers and shakers in Asia, providing platforms for focused dialogue, issue investigation and possible collective action on strategic issues relating to Asia’s economic, business and social development. Our aim is to enhance communication and increase mutual understanding among China, Asian countries and Western countries. Roundtable events are held in major cities across Asia.

About the Hong Kong Coalition

The Hong Kong Coalition is founded by 1,500 initiators from all sectors of Hong Kong society, with Mr. Tung Chee Hwa and Mr. Leung Chun Ying assuming the roles of chief convener, Mr. Tam Yiu Chung serving as secretary-general, and Ms. Maria Tam Wai Chu and 10 other members holding the posts of deputy secretary-general. The coalition held a press conference on May 5, 2020, declaring its official establishment. The aims of the Hong Kong Coalition are: Uphold “one country, two systems”, support Hong Kong to overcome difficulties; and start afresh for brilliance ahead.

Media Contact:
Ms. Jing Fang
Tel: (852) 3465-5451
Email:jingfang@chinadailyhk.com

PR Newswire

Chinese Hot-Water Bags Sweep Europe Merchants from Yiwugo Get Busy with Orders

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YIWU, China, Oct. 1, 2022 /PRNewswire/ — Yiwu is the world’s capital of commodities, Yiwugo.com is the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world. Yiwugo hosts 50,000 merchants and 10 million registered buyers, 10% of whom are overseas buyers. It has 800,000 daily average visits and a daily average PV of 15 million. According to the latest statistics from Yiwugo and the feedback from merchants, the number of European buyers purchasing hot-water bags has grown significantly, with the regular water injection type is the mainly-purchased product.

Sales doubled from the previous year at the beginning of the peak season.

Jingyang Daily Necessities is an established international trade enterprise with a history of more than 30 years. 12 years ago, Chen Jianping took the business over from her parents. For enterprises in Yiwugo, there are usually two peak seasons every year. The first begins from July and lasts till October as boosted by buyers from the northern hemisphere, and the second from the end of the year till next spring, as boosted by buyers from South America. This year is unusual. Although the first peak season has just been halfway through, enterprises’ sales volume has already doubled from last year.

Chen explained that, due to the impact of repeated Covid-19 outbreaks at home and abroad, most orders were placed by long-time buyers instead of new ones in the past two years. This year, however, the number of new customers, particularly end customers, has suddenly surged. Most of them are from Europe, looking for water injection hot-water bags. As electric heating hot-water bags were previously popular exports to countries such as India, it is unusual to see water injection type gaining popularity in Europe.

In fact, this is closely attributed to the rising energy price in Europe. The natural gas price in Europe has reportedly reached more than 10 times that of the same period last year; the anthracite price has been three times that of the same period last year; the electricity price has increased by 12 folds from the previous year. The German government announced that it would levy a “natural gas surcharge” from October, and Italy has shortened the heating period by 15 days for this winter.

The surging energy price this year has driven up the heating cost, especially for European people living in frigid high-latitude regions. As such, the traditional affordable water injection hot-water bags have suddenly become their favourite choice. Even though European people have also started to use water injection hot-water bags, they have never lost their aesthetic sense and pride. According to Chen, European consumers favour fashionable, high-quality hot-water bags with high rubber content and European architectural style of decorative imprints.

The popularity of hot-water bags in Italy and other European countries aroused Chen’s curiosity. She later figured that a significant number of buyers had come around by searching the English site of Yiwugo. Although many orders placed were small or medium ones, they were still “fresh blood”, and all the buyers were overseas wholesalers. This encouraged Chen and made her confident about her decision last year to launch new products continuously and establish an international site on Yiwugo.

Some of the new customers were referred to Chen by merchants of home textiles, quilts and other warm-keeping products in Yiwu market. There are also merchants in other lines of business who are entrusted by customers to make purchases, or those who recommend Jingyang Daily Necessities to buyers after they found the company on Yiwugo. The buyers will then have intermediaries such as international trade companies to make purchases directly from Jingyang.

Chen explained that there had been signs of this purchase frenzy since the first half of the year. From April to May, some well-established buyers, including those from European countries such as Italy, already stocked a large quantity of water injection hot-water bags. But this was not common practice at the time, so it did not attract much attention of merchants.

Domestic-oriented enterprises generated more export sales than domestic sales this year.

Yu Fengchao, owner of Yiwu Junma Hot Water Bottle Factory, is running an established international trade factory of water injection hot-water bags. The factory was established over 30 years ago, receiving orders mainly from Spain.

As a second-generation business executive, Yu took the business over exactly ten years ago. To date, his factory has been a member store on Yiwugo for five years. A Spanish new customer contacted Yu on Yiwugo this July. After they communicated with each other for a while, the customer, without meeting Yu in person, placed an order of more than RMB 100,000 for high-quality hot-water bags, mostly in the shape of cartoon characters and covered with insulating cloth.

Yu explained that the water injection hot-water bag, which is a home-grown product, used to be sold domestically. Since July, however, many new buyers have emerged from European countries such as Spain and Italy. Driven by the recent trend towards original design, new models are launched in the second half of each year. In this peak season, export sales have surpassed domestic sales.

It is mutual trust that has led an overseas new customer to place his very first order for more than RMB 100,000. Besides faithful communication between the two sides, Yiwugo, a third-party platform, has also played a vital role as a guarantor for them to build trust. As enterprises divert more resources into Yiwugo in recent years, the platform has also yielded better results for them, thus forming a virtuous circle of win-win cooperation.

2022 marks the 40th anniversary of Yiwu market, as well as the 10th anniversary of Yiwugo as the largest e-commerce platform in China. As the market enters the second generation in the past decade, more and more young merchants are choosing Yiwugo as their partner. Likewise, Yiwugo will join hands with them to embrace a brighter future.

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PR Newswire

Recapping 50 years of China-Japan relations: What the future holds

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BEIJING, Sept. 30, 2022 /PRNewswire/ — A news report from China.org.cn on the 50th anniversary of the normalization of China–Japan diplomatic ties:

This year marks the 50th anniversary of the normalization of China–Japan diplomatic ties, which serves as a significant opportunity for the two countries to review the past and take a look into the future. In September 1972, China and Japan first signed a joint communique; several years later, the Sino-Japanese Treaty of Peace and Friendship was signed after approval by legislative authorities. Different from how China established diplomatic relationships with other countries like the U.S., the Soviet Union and South Korea, this “two-step mode”, a pivotal political decision, embodied the strategic insights and political courage of the statesmen of the elder generation of the two countries. It also reflects the oriental wisdom with which the two countries seek common ground while reserving differences in pursuit of harmony and peace. The normalization of China–Japan diplomatic ties ushered in half a century of peace, friendship and cooperation for the two countries, bringing huge benefits to both countries and their peoples, while contributing enormously to the peace, stability and development of Asia and the world.

Since negotiations commenced between China and Japan, the latter has made solemn pledges to China that “there is only one China in the world” and “Taiwan is an inseparable part of China.” This position is captured in the four political documents and a series of important consensus between China and Japan. The Taiwan question is essential to the political foundation and fundamental trust between China and Japan. Proper handling of this question was the precondition and foundation for the normalization of the two countries’ diplomatic ties, and for a positive outlook on China–Japan relations.

China and Japan are neighbors in east Asia, and it’s not rare for neighbors to have frictions. But the key lies in how they cope with it. Countries should honor their commitments in foreign policy; the political consensus of “being cooperative partners and not threats to each other” should also be upheld.

In Confucius’ Analects, there reads a line, “At fifty, I knew the decrees of heaven.” Now that China–Japan diplomatic ties have reached their 50th anniversary, the two countries should be the masters of their own future: Draw lessons from historical experience where “cooperation benefits both and collision harms both”, stick to the original aspiration of diplomatic normalization, level up dialogue and other channels of communications, deepen cooperation in various fields, and jointly create another fifty years of peaceful coexistence and mutual benefit for the two countries.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm 

Recapping 50 years of China–Japan relations: What the future holds
http://www.china.org.cn/video/2022-09/29/content_78444050.htm 

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PR Newswire

Enabling ICs for India’s 26 GHz 5G Network Build-out

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Anokiwave’s highest performing and low-cost millimeter-wave silicon ICs now available for India’s 26 GHz 5G radios

DELHI, India, Sept. 29, 2022 /PRNewswire/ — Anokiwave, Inc., (derived from the Hindi word ‘अनोखी’), an innovative company providing highly integrated silicon ICs for millimeter-wave (mmW) ICs, today extends its latest and industry leading 4th generation of 5G ICs to address the needs of the newly auctioned 26 GHz 5G band. With industry’s highest efficiency, linear output power, and smart integration, Anokiwave’s latest generation provides the foundation of high performance, small form factor, and low cost 5G radios. The same ICs can be used to address the needs of mmW 5G base stations, small cells, Consumer Premise Equipment (CPEs), repeaters, and more. These ICs are the backbone of the majority of mmW 5G build outs worldwide and now provide the 5G OEM, ODMs, and operators in India with an IC platform to accelerate India’s 26GHz network build out.

Anokiwave builds silicon ICs that enable mmW Active Antennas
Anokiwave builds silicon ICs that enable mmW Active Antennas

Anokiwave’s Latest 5G Solutions

The new Gen-4 mmW silicon ICs from Anokiwave offer a unique combination of industry’s highest linear power, output efficiency devices and a scalable architecture to address multiple 5G use cases. To cover the India 26 GHz 5G band, the IC family includes:

  • AWMF-0221: 24 to 30 GHz dual polarization, quad channel, beamforming IC
  • AWMF-0224: 24 to 30 GHz dual channel IF up/ down converter with integrated PLL/ VCO
  • AWMF-0210: 24 to 30 GHz single channel IF up/down converter IC.

All ICs support 3GPP compliant 5G radio specs as well as high modulation bandwidths. To complement the IC portfolio, Anokiwave also offers a complete mmW Active Antenna Innovator Kit as a reference design and starting platform to evaluate and accelerate mmW 5G antenna designs.

Anokiwave’s Gen-4 ICs offer some unique benefits for ODMs, OEMs, and Operators developing mmW 5G radios:

  • Just two (2) IC types to build a complete mmW to IF 26 GHz 5G Active Antenna
  • Fewest ICs for high performance mmW 5G active antenna front ends
  • Small form factor and lower DC power by leveraging high power efficiency (PAE%) and smart integration
  • Eliminate the need for radio level calibration by leveraging patented Zero-Cal® feature
  • Flexibility to scale the design to meet specific radio performance, cost, power, and baseband requirements
  • Faster time to market by leveraging already available mmW antenna Innovator Kits

“With the high user density and exponentially increasing demand for data per capita, India is uniquely and perfectly suited for adoption of mmW 5G, and Anokiwave is delighted to bring its latest Gen-4 ICs to enable this build out,” stated Abhishek Kapoor, Anokiwave VP of Sales. “Since the start of the mmW 5G market in 2016, Anokiwave has been the trusted choice of mmW silicon ICs for the ODMs and operators worldwide. Today I am honored to bring this enabling technology to the country that I spent two decades growing up. I look forward to Anokiwave, the Indian network operators, industry players, and partners working together to democratize mmW 5G technology for 1.4 billion people”

Availability:

All mentioned ICs and antennas are available to use today. Contact us at sales@anokiwave.com for details.

About Anokiwave:

Anokiwave is a cutting-edge provider of highly integrated IC solutions that enable emerging mmW markets and Active Antenna based solutions. Founded by Nitin Jain and Deepti Jain in 1999, Anokiwave has continued to push the limits of silicon technology to offer industry leading ICs, system architectures and semiconductor technologies to solve the toughest engineering problems.

For the last decade Anokiwave has played a defining role in enabling the mmW 5G, SATCOM and Radar markets, specifically in mmW active antennas. Anokiwave is based in Boston, MA and operates design centers in Austin, TX, Boston, MA, and San Diego, CA with sales offices in Taipei, Taiwan, Boston, MA, and San Diego, CA. Additional information can be found at www.anokiwave.com/5g.

PR Newswire

Senmiao Technology Announces Signing of Agreement for Additional Online Ride-hailing Vehicle and Driver Resources in Guangzhou

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CHENGDU, China, Sept. 27, 2022 /PRNewswire/ — Senmiao Technology Limited (“Senmiao” or the “Company”) (Nasdaq: AIHS), a financing and servicing company focusing on the online ride-hailing industry in China as well as an operator of its own online ride-hailing platform, today announced that its wholly owned subsidiary Chengdu Xixingtianxia Technology Co., Ltd. (“XXTX”) has signed an agreement with Guangzhou Baishi Haoyun Automobile Leasing Services Ltd. (“Baishi Haoyun”), a leading automobile leasing company that has operated locally in Guangzhou for 20 years.

Similar to the recently announced agreement with Chengdu Rongcheng Yueda Technology Ltd., Baishi Haoyun will utilize Senmiao’s online ride-hailing platform to provide ride-hailing services by appointment in Guangzhou, using its own vehicle and driver resources while remaining in compliance with relevant regulations. Baishi Haoyun will be responsible for the management services of its own drivers. Senmiao will assign online ride orders to Baishi Haoyun’s drivers and provide real-time information including service types and prices. Senmiao will pay commission fees to Baishi Haoyun on a monthly basis, which are based on fares collected from customers. The partnership commenced in August 2022 for a term through August 2, 2023, subject to agreement renewal or early termination.

Xi Wen, Senmiao’s Chairman and Chief Executive Officer stated, “We are excited to announce our cooperation with Baishi Haoyun, an established company that possesses a competitive advantage in Guangzhou with its 20 years of local operating history. Guangzhou is one of the key cities in which Senmiao has an opportunity to increase its market share, and we feel we are well positioned to serve a larger population in this city with the support of vehicles and drivers from Baishi Haoyun.”

About Senmiao Technology Limited

Headquartered in Chengdu, Sichuan Province, Senmiao provides automobile transaction and related services including sales of automobiles, facilitation and services for automobile purchases, financing, management, operating leases, guarantees and other automobile transaction services as well as operates its own ride-hailing platform aimed principally at the growing online ride-hailing market in Senmiao’s areas of operation in China. For more information about Senmiao, please visit: http://www.senmiaotech.com. Senmiao routinely provides important updates on its website.

Cautionary Note Regarding Forward-Looking Statements 

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These forward-looking statements (including those relating to the operation of Senmiao’s ride-hailing platform) are subject to significant risks, uncertainties and assumptions, including those detailed from time to time in the Senmiao’s filings with the SEC, and represent Senmiao’s views only as of the date they are made and should not be relied upon as representing Senmiao’s views as of any subsequent date. Senmiao undertakes no obligation to publicly revise any forward-looking statements to reflect changes in events or circumstances. 

For more information, please contact:

At the Company:

Yiye Zhou

Email: edom333@ihongsen.com

Phone: +86 28 6155 4399

Investor Relations:

The Equity Group Inc.                                                                       In China

Carolyne Sohn, Vice President                                                        Lucy Ma, Associate

+1 415-568-2255                                                                             +86 10 5661 7012

csohn@equityny.com                                                                       lma@equityny.com

© 2022 Senmiao Technology Ltd. All rights reserved.

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PR Newswire

CommsEase Releases an All-in-One Social Live Audio Solution

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HANGZHOU, China, Sept. 27, 2022 /PRNewswire/ — CommsEase, the leading cloud communications service provider, offers a new option to businesses with its all-in-one social live audio solution featuring instant messaging, real-time communication and live streaming.

Generation Z has raised new demands for socializing as they now dominates socializing activities. Instead of close relationships, they are more willing to build weak ties with like-minded people. Anyway, there is always a need for chatting though some users feel stressed in a video call. To overcome the pain point of video calls and draw the distance a little closer between users at the same time, CommsEase decides to provide developers with an all-in-one social live audio solution, enabling them to create an enjoyable and relaxing atmosphere.

CommsEase’s social live audio solution is an all-in-one solution combining its three main strengths – instant messaging, real-time communication and live streaming. Either joining in group voice chat or texting messages and emojis to other people is supported. For a social live audio solution, audio quality determines user experience, and CommsEase is well aware of it. Backed by its AI-powered noise-suppression algorithm, background noise is detected and removed instantly for the sake of high audio quality. The built-in exclusive music codec together with 48 kHz sample rate helps restore the fullness of quality audio.

This solution is suitable for various scenarios, including live audio room, in-game voice chat and online karaoke. In a live audio room, proprietary data encryption algorithm is applied to protect the privacy and security of calls. Hosts can invite as many speakers and listeners as they like, without the concern for data security. In online games, gamers can connect freely with each other at anytime from anywhere. Comfortable gaming experiences are ensured by CommsEase’s WE-CAN global intelligent routing network. Moreover, for online karaoke, the solution supports both solo and chorus modes with stereo HD audio quality and 80% anti-packet loss.

CommsEase offers scenario-based solutions for Kayalive and has already helped Kayalive with its quick launch. Social live audio solution has also given Heatup users an immersive and intimate experience with its high-quality audio and scalable rooms.

To find more information about CommsEase, please visit: https://commsease.com/

PR Newswire

Huawei Hosts the 9th Global Rail Summit in Berlin

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BERLIN, Sept. 24, 2022 /PRNewswire/ — In parallel with InnoTrans 2022, Huawei held the 9th Huawei Global Rail Summit, themed “Driving Digitalization in Future Rail, Create New Value Together”. The summit brought together global industry leaders, ecosystem partners, and technical experts to discuss the future of the rail industry.

At the summit, Huawei launched the Future Railway Mobile Communication System (FRMCS) Solution, which aims to help build a more secure, efficient, and smarter railway mobile communications system. Mr. Wang Guoyu, COO of Huawei Aviation & Rail BU, and other guests attended the launch.

Launch of Huawei's FRMCS Solution
Launch of Huawei’s FRMCS Solution

“Huawei helps customers go digital. We use innovative technologies — such as FRMCS, Wi-Fi 6, and all-optical networks — to reshape connections, reconstruct digital platforms, and facilitate data sharing and collaboration across multiple service systems in the rail industry. We hope to enable intelligent rail operations and O&M through joint innovation with our partners.” said Mr. Xiang Xi, Vice President of Huawei Aviation & Rail BU.

Adhering to the concept of openness and cooperation, Huawei is committed to driving digital transformation along with rail customers and ecosystem partners. We complement each other’s strengths, innovate together, explore industry standards, and build an ecosystem for rail digitalization.

At the summit, Jeffrey Sim, CEO of SBS Transit Rail Business, explained the company’s digital journey. Vincenzo Bloise, International Sales Director of Almaviva, introduced how modern ICT solutions can boost digitalization in railways and Mr. Li Jie, President of Huawei Enterprise Wireless Domain, demonstrated how Huawei’s FRMCS solution enables railway digitalization. In addition, Steven Xiong, CTO for the rail industry of Huawei Aviation & Rail BU, delivered a keynote speech titled “Driving Digitalization in Future Rail, Create New Value Together” and shared industry digitalization cases.

Huawei exhibited its innovative solutions and flagship products for the rail industry at InnoTrans 2022. These include leading ICT infrastructure, green energy, smart urban rail, and smart railway solutions.

Huawei aims to reshape rail connectivity and enable secure, intelligent, green, and sustainable development. We will continue to dive into innovative practices and deploy its leading ICTs to lay a digital foundation for the industry. Huawei will build smart applications in collaboration with our partners, steadily advancing industry digital transformation.