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PR Newswire

NetEase Cloud Music and Merlin Extend Strategic Partnership in China

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HANGZHOU, China, March 26, 2021 — NetEase Cloud Music, a leading interactive music streaming service provider in China, and Merlin, the independent’s digital music licensing partner, today announced that they have extended their strategic partnership in China to include a wider range of cooperation. The multi-year licensing deal will include access to additional marketing and promotional opportunities for Merlin members.

"Deepening our direct relationship with Merlin marks another important step in our strategy to bring high-quality music with style, character and vitality to our ever-growing user community," said Ding Bo, Vice President of NetEase Cloud Music. "The expansive and diverse music of Merlin member labels span the global divide and increase the rich music experience we offer, which brings us closer to this goal."  

Merlin navigates the music ecosystem by striking premium deals with digital services that enable its members to better control their future. For digital services, Merlin provides the ability to efficiently license the world’s most valuable independent music. Accounting for more than 15% of the global digital music market, Merlin members represent tens of thousands of labels and hundreds of thousands of artists from every country in the world.

With a rich and proven ability in copyright management and operating capabilities for international artists, NetEase Cloud Music has become the go-to platform for both international music lovers and artists in China. In addition, NetEase Cloud Music is one of the most "social" streaming music services in the world with users actively engaged in reviewing, commenting and sharing music via playlists and other means, which enables music influencers to spread music rapidly and exponentially. 

"We’re always excited to work with partners who are eager to educate our members on how to use their platform, how to engage and build fanbases, and ultimately drive better activations around artists. NetEase has been a fantastic partner on these opportunities," said Jeremy Sirota, CEO of Merlin. "Independent music is a real focus across the world, including in China, and Merlin is thrilled to renew its partnership with NetEase Cloud Music and bring the largest number of independent labels, distributors and other rights-holders and their artists’ repertoire to the platform."

"NetEase Cloud Music users are one of the largest consumers of international music in China. Merlin’s efforts to make a variety of independent music easily accessible has increased independent artists’ exposure to create a more vibrant market. It has been a mutually beneficial partnership and we look forward to providing Merlin’s member artists further opportunities to reach even more fans," said Mathew Daniel, Vice President, International at NetEase Cloud Music.

Merlin and NetEase Cloud Music’s original agreement was established in 2018. The extended partnership grants NetEase Cloud Music’s users access to an even more diverse array of music from Merlin’s members around the globe. By the same token, the expanded partnership provides more of Merlin’s members with the ability to increase their fanbase through their exposure to NetEase Cloud Music’s vast and growing audience in China. This includes Merlin members who have made their music available within the NetEase music ecosystem over the past three years, such as Armada Music, an independent internationally-awarded record company founded by a.o. Dutch DJ Armin van Buuren, with a roster including dance-music heavy-hitters such as Loud Luxury, Andrew Rayel and Arty; global music distribution service CD Baby; FUGA, the industry-leading music distribution company for international rights holders; and Mushroom Labels.

About Merlin

Merlin provides independents the means to own their future. Merlin is a member led, music focused organization providing digital music licensing for the leading independents across the globe. Members benefit from Merlin’s premium deals, but work directly with key digital partners. Our membership consists of independent labels, distributors, and other rights-holders, representing tens of thousands of labels and hundreds of thousands of artists from every country in the world. Merlin works collaboratively with our digital partners, delivers value back to those digital partners, and seeks to drive other incremental benefits to our members.

Merlin’s approach has enabled our membership to grow to represent 15% of the global market share. Merlin’s membership includes independents such as Armada Music, Cinq Music Group, FUGA, Dim Mak, Domino, Entertainment One, Epitaph Records, Foundation Media, Mad Decent, Monstercat, Mushroom Music, Ninja Tune, [PIAS], Secret City, Secretly, Sub Pop, Symphonic Distribution, Ultra Records, Vydia, and hundreds more.

Merlin now has deals with over 30 digital services, including Apple, AWA, Boomplay, Deezer, Facebook/Instagram, JioSaavn, KKBox, NetEase Cloud Music, Pandora, Snap, SoundCloud, Spotify, TikTok, Triller, Yandex, and YouTube Music, and is in conversations with dozens more.

Merlin has offices in London, New York, and Tokyo.

Find out more at www.merlinnetwork.org.

About NetEase Cloud Music

Launched in 2013 by NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), NetEase Cloud Music is a leading interactive music streaming service provider in China with more than 800 million users. Dedicated to providing an elevated user experience, NetEase Cloud Music provides precise, personalized recommendations, promotes user interaction and creates a strong social community. Its focus on discovering and promoting emerging musicians has made NetEase Cloud Music a destination of choice for exploring new and independent music among music enthusiasts in China. The platform has been recognized as the most popular entertainment app among China’s vibrant Generation Z community. 

Please see http://music.163.com/ for more information.

Contacts For NetEase 

Investor Enquiries:
Margaret Shi
NetEase, Inc.
ir@service.netease.com
Tel: (+86) 571-8985-3378
Twitter: https://twitter.com/NetEase_Global 

Media Enquiries:
Li Ruohan
NetEase, Inc.
globalpr@service.netease.com
Tel: (+86) 571-8985-2668
Twitter: https://twitter.com/NetEase_Global

Contacts For Merlin

Media Enquiries:
Dawn Kamerling
The Press House
dawn@thepresshouse.com
Tel: (+1) 646-322-4903
Instagram:@thepresshousepr

 

Related Links :

http://music.163.com

PR Newswire

TECNO Offered Once-in-a-lifetime Opportunity for Football Fans to Convert their Passion into Career Prospect

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ABUJA, Nigeria and NEW DELHI, March 26, 2021 — TECNO, a premium mobile brand, has initiated a local trainee correspondent programme with the aim to provide job opportunities for young people in emerging markets in partnership with Manchester City and Goal.

This opportunity will see the two trainee correspondents from Nigeria and India, work with Goal, to cover the Premier League leaders from close quarters till the end of the season. The two will also be mentored by Goal’s regional editorial teams.

Fans from all over India and Nigeria submitted their entries for the campaign. From over 200 entries that came in, the organizer went through a rigorous process of elimination before zeroing in on two applicants who impressed the most. Sai Prashanth Nataraj from India and Chukwu Bethel from Nigeria were finally selected for the programme. Both their entries impressed the jury for their passion of working in the industry and insights into the sport.

"As a brand aiming to inspire people to never stop pursuing their dream, TECNO is always determined to support people who are persistent, passionate and always striving for excellence", said Stephen HA, Managing Director of TECNO, VP of Transsion, who is also the key member of the jury. "We are very delighted to offer this once-in-a-lifetime opportunity to create a genuine impact on the lives of young people.  We look forward to encouraging more people to uncover their enthusiasm and fulfill their dreams through our consistent social endeavors as well as our products and technology."

The two winners now get an opportunity to kick-off a new chapter in their lives where they are able to convert their passion for football into a career prospect. TECNO will provide its award-winning camera phone CAMON 16 Premier, for the winners to work with throughout the whole campaign.

TECNO, a premium mobile phone brand, are the official global partner of Manchester City for handsets and headphones. The brand has a presence in more than 60 countries across the globe with its innovation, technological and artistic progression as well as a diversified product portfolio featuring smartphones and smart AIoT products.

PR Newswire

Kingdee International Announces 2020 Annual Results

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Cloud Business Revenue Grew by 45.6%

HONG KONG, March 25, 2021 — Kingdee International Software Group Company Limited ("Kingdee International", "Kingdee" or the "Company", together with its subsidiaries, the "Group"; stock code: 0268.HK) today announced its annual results for the year ended 31 December 2020 (the "Reporting Period"). The Group continued to promote its business transformation strategy by focusing on the development and promotion of subscription cloud products. During the Reporting Period, the Group’s Kingdee Cloud business increased by 45.6% year-on-year, accounting for 57% of the total revenue. Due to the strong growth of the subscription-based cloud services, contract liabilities related to subscription services increased by 95.7% year-on-year, Kingdee Cloud’s subscription ARR (annual recurring revenue) was amounted approximately RMB1.0 billion, representing an increase of 58% year-on-year.

During the Reporting Period, the Group recorded a turnover of approximately RMB3,356 million, representing a year-on-year growth of 0.9%, while revenue from enterprise resource planning (ERP) business decreased by 28.2% year-on-year. The Group’s cloud services business maintained a high growth rate through the execution of its cloud strategy and transformation, with revenue from the cloud services business reaching RMB1,912 million in 2020, representing a year-on-year growth of 45.6%. Loss attributable to equity holders of the Company for the period was approximately RMB335 million, due to the Group’s vigorous implementation of its cloud subscription model transformation strategy, the proactive cessation of sales of some ERP software license products and increased investment in the research and development of cloud products such as Cosmic.

Kingdee International has consistently been honoured by respected global research institutions during the year. According to IDC’s research, Kingdee has grasped the biggest share in the enterprise-grade ERM SaaS (Cloud ERP) and financial SaaS Cloud services industry in China for the forth year, and has retained the largest share in the enterprise application software sector for fast-growing Chinese enterprises for 16 consecutive years. Kingdee has become the only SaaS company in China which received the 2020 IDC Global SaaS Customer Satisfaction Award, ranking No. 1 in the ERP SaaS Customer Satisfaction. The company was also included in the Hang Seng Indexes Co., Ltd.’s newly established Hang Seng Technology Index as a Top-10 constituent stock (launched on July 27, 2020).

Kingdee Cloud Cosmic strengthened R&D, focused on the self-developed technology innovation to occupy the high-end market of large enterprises

Moving into the EBC era, large enterprises have laid out new requirements for digitalisation platform and industrial internet platform. As the first cloud-native architecture platform in China with the core objective of enabling EBC’s five capabilities, Kingdee Cloud Cosmic has gained the attention of many large enterprises. As at the end of 2020, Kingdee Cloud Cosmic officially released the version V3.0, which continued to accelerate the application research and development, strengthened the technical advantages, and made important upgrades to the platform structure, while also focusing on optimising the system openness.

During the Reporting Period, Kingdee Cloud Cosmic’s revenue recorded approximately RMB190 million, representing a year-on-year increase of 220%. Contracted customers was 367 in 2020, including central enterprises and large state-owned enterprises such as State Power Investment Corporation, China Merchants Group, China Tobacco Yunnan, Hisense, HBIS Digital, Zhejiang Communications Investment and PowerChina Real Estate; also including well-known large enterprises such as HUAWEI, HAECO Xiamen, Kerry Logistics, DIT, and Rongan property. Cosmic has supported industry leaders to achieve improving efficiency and localized innovation out of the digital transformation and business innovation.

Kingdee Cloud Galaxy deepened industry digital intelligence empowerment, becoming a star product for medium-sized enterprises

Kingdee Cloud Galaxy provided comprehensive solutions for the close-loop of enterprise value chain, including Omni-channel Marketing Cloud, Smart Accounting Cloud, Smart Manufacturing Cloud, Smart Supply Chain Cloud, PLM R&D Cloud, etc., and innovated in remote customer engagement and marketing and upgraded online implementation platform, realized the quick launch of subscription products which efficiently helped enterprises restructure digital enterprise capability, using digital empowerment to accelerate transformation and upgrade of enterprises.

During the Reporting Period, Kingdee Cloud Galaxy continued to grow steadily, achieving a revenue of approximately RMB1,141 million, representing a year-on-year increase of over 31.4%, dollar retention rate remained above 86% and accumulated over 17,200 customers, including Huawei Marine, iFlytek, MEGVII, Yanjin Shop Food, Seamild Foods, Yuan Qi Sen Lin, RLX Technology, CYG SUNRI and other well-known enterprise customers. Galaxy has become the choice of many new economy enterprises and industry unicorns, to realize innovation and high growth.

Kingdee Cloud Stellar focused on the integrated solution of operation + management to build a service platform for the growth of small and micro enterprises

During the Reporting Period, Kingdee released Kingdee Cloud Stellar, a new service platform for smart growth of small and micro enterprises based on the Cosmic platform, which focused on online operation and digital management of small enterprises, empowered enterprises with the three characteristics of "new accounting & taxation, new marketing and new business model". It provides SaaS services such as Finance Cloud, Tax Cloud, Purchase, Sale & Inventory Cloud and Ordering Mall, etc., and supported small enterprises to quickly restore production after the pandemic, customer acquisitions and expansion of revenue sources, intelligent management and real-time decision-making. In addition, Kingdee Jingdou Cloud achieved a 62.4% growth in subscription revenue, with over 160,000 cumulative customers and dollar retention rate of approximately 76%.

Multi-field cloud deployment, deep cultivation in industry with best practice

During the Reporting Period, EAS Cloud focused on upgrading tax control in the digital age, integrating business and finance, improving efficiency through data intelligence, and promoting cloud migration for existing customers. Kingdee Guanyi Cloud released the Cosmic e-commerce cloud version. Cloud-Hub quickly launched solutions such as "Health Check-In" and audio and video conferencing. Kingdee Finance has successively won awards such as recommended products by the Bureau of Small and Medium-sized Enterprises of the MIIT of China. Wojia Cloud service project has covered 165 cities across the country, and newly signed with the top 100 properties such as Lushang, Shenzhen Science Park and Logan Property.

Outlook

"Kingdee will continue to execute the cloud subscription transformation strategy, adhering to the philosophy of ‘customer-centric, hardworking as foundation and long-term professionalism’, and creating a new Kingdee with the subscription business model in the next three years." Mr. Xu Shaochun, Chairman of the Board and CEO of Kingdee International Software Group Company Limited, said, "In 2021, Kingdee will be more ambitious and more powerful to help every enterprise customer grow through challenges and strengthen themselves in adversity to enable enterprise business capability in the future."

About Kingdee International Software Group Company Limited

Kingdee International Software Group Company Limited ("Kingdee International" or "Kingdee") was established in 1993. It is listed on the Main Board of the Hong Kong Stock Exchange (stock code: 0268.HK) and headquartered in Shenzhen, the PRC. Adhering to the core values of "Acting in all Conscience, with Integrity and Righteousness", the Company is committed to helping businesses achieve their growth targets and let the sun shine on every company through dedicated services. It strives to provide them with the most trusted enterprise service platform.

Through persistent efforts to explore China’s Cloud enterprise service market, Kingdee has retained the largest share in the enterprise application software sector for fast-growing enterprises for 16 consecutive years, and has grasped the biggest share in the enterprise-grade SaaS Cloud services industry for the 4 years. Kingdee is currently the only SaaS cloud service provider of Chinese enterprises selected into Gartner’s global market guide, and has become the only Chinese SaaS company winning the 2020 IDC SaaS Customer Satisfaction Award.

In addition, Kingdee’s diverse Cloud services and products are the preferred choices of leading enterprises. They include "Kingdee Cloud Cosmic" (digitalization and ecosystem platform for large enterprises), "Kingdee Cloud Galaxy" (intelligent growth service platform for medium-sized enterprises), "Kingdee Cloud Stellar" (intelligent growth service platform for micro and small-sized enterprises), "Cloud-Hub" (intelligent Cloud office), "Guanyi Cloud" (Cloud services for E-commerce operators), "Cargeer" (Cloud services for auto dealers) and "Wojia Cloud"(Cloud services for Property Industry). With its strengths in management software and Cloud services, Kingdee provides services and products to more than 6.8 million enterprises, government agencies and other organizations around the world.

For further information, please contact:

Wonderful Sky Financial Group Ltd.

Cecilia Ip / Jing Fang

Tel: (852) 3641 1317 / (852) 3970 2172

Email: kingdee@wsfg.hk

 

PR Newswire

Valtrix and Codasip Cooperate on Verification of RISC-V Systems

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BANGALORE, India and MUNICH, March 24, 2021 — Valtrix Systems, the provider of design verification products for building functionally correct CPU and system-on-chip implementations, and Codasip, the leading supplier of customizable RISC-V® embedded processor IP, announced today that they are cooperating on the verification of RISC-V-based systems.

The cooperation is based on applying the Valtrix STING product to add to Codasip’s extensive methodologies for processor verification. STING’s design verification capabilities are perfectly suited to verify processors, given its ability to generate portable self-checking stimulus across multiple device-under-test environments and to allow users to exercise architectural and micro-architectural features using its test stimulus programming framework.

"Complex CPU and SoC implementations require thorough verification before the products are released to the end user," said Shubhodeep Roy Choudhury, Valtrix CEO. "STING provides a powerful and well-proven design verification methodology for testing the architectural compliance and functional correctness of RISC-V features and extensions. We are very proud to partner with Codasip and support their engineering teams with STING for their verification needs."

"Codasip practices rigorous verification in order to ensure the quality of its processor IP products," said Philippe Luc, Director of Verification at Codasip. "Codasip has always used multiple approaches in its verification strategy, and engaging with Valtrix and using the STING tools gives another complementary source of processor stimuli. STING produces tests in a unique way on the market and can help uncover bugs before the release of our products."

Codasip uses the combination of Codasip Studio, in-house tools, and third-party tools for processor verification. For example, processors are verified at the component level using dedicated random pattern generation and directed tests. At top level, architecture tests are used on top of in-house program generators. Consistency checkers ensure identical execution between the golden reference and the RTL. Formal techniques are also employed to ensure quality. Using the Valtrix STING product in this cooperation adds another level of testing to Codasip’s RISC-V processors.

About Valtrix’s STING Design Verification Tool

STING is a design verification platform for RISC-V-based implementations. It can be configured to generate portable bare-metal programs containing self-checking architecturally correct test stimulus, which can then be enabled on simulation, FPGA prototypes, emulation, or silicon. For more information on Valtrix’s design verification technology and products, visit www.valtrix.in.

About Codasip

Codasip delivers leading-edge RISC-V processor IP and high-level processor design tools, providing IC designers with all the advantages of the RISC-V open ISA, along with the unique ability to customize the processor IP. As a founding member of the RISC-V Foundation and a long-term supplier of LLVM and GNU-based processor solutions, Codasip is committed to open standards for embedded and application processors. Formed in 2014 and headquartered in Munich, Germany, Codasip currently has R&D centers in Europe and sales representatives worldwide. For more information about our products and services, visit www.codasip.com. For more information about RISC-V, visit www.riscv.org.

Media Contacts:

Shubhodeep Roy Choudhury, CEO, Valtrix
E-mail: deepsrc@valtrix.in

Roddy Urquhart, Senior Marketing Director, Codasip
E-mail: rurquhart@codasip.com

Related Links :

http://valtrix.in

PR Newswire

Huawei Launches New Data Center and Power Supply Solutions Globally

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SHENZHEN, China, March 22, 2021 — Huawei launches next-generation Data Center and Power Supply Solutions at the Digitally Transforming Energy Infrastructure online event, the company also interpreted the latest trends in digital power development, tackling head-on the key questions of the day, from green energy to intelligent transformation.

Make Any Room a Data Center

Huawei promised to make any room a data center as it outlined a new, smart modular data center solution for small and edge computing scenarios, including three data center products — FusionModule2000, FusionModule800, and FusionModule500 — designed for different industrial needs.

Huawei outlined a new, smart modular data center solution for small and edge computing scenarios, including three data center products - FusionModule2000, FusionModule800, and FusionModule500.
Huawei outlined a new, smart modular data center solution for small and edge computing scenarios, including three data center products – FusionModule2000, FusionModule800, and FusionModule500.

Key to the Smart Modular Data Solution, SmartLi UPS — Huawei’s smart lithium battery UPS — helps enterprises of all sizes turn any room into a data center. Doing away with the need for a traditional raised floor design, far lower requirements are placed on ceiling heights. Instead, air conditioner pipes and strong- and weak-current cables are routed from top-down, meaning that equipment can be accommodated even when ceiling heights are as low as 2.6 m, far below the 3 m minimum height required for a traditional data center. Huawei partner NetCraft Information Technology (Macau) has already adopted this solution, which NetCraft sales director Benjamin Wong praised at the event.

"With the Huawei Modular Data Center Solution, all required components are modular," Wong said. "An easy way for customers to understand this solution is to consider that each component is like a building block: You can build up your castle by adding different blocks, so you can add more blocks in the future when needed."

One Rack Supports One Megawatt of Power

In next five years, Information Technology (IT) devices will continue to evolve, with ever-higher computing power and density needed. Inevitably, Central Processing Unit (CPU) and server power requirements will also increase. To balance efficiency and costs, data centers will therefore develop toward higher density models, precisely the direction that Huawei’s ongoing Research and Development (R&D) investment has taken: namely, the implementation of a high-density, efficient, intelligent power supply and distribution system.

A direct result of that period of exploration, Huawei launched an ultra-high-density modular UPS product series — UPS5000-H — that uses a new 100 kVA/3 U ultra-high-density hot-swappable power modules. It is the industry’s first UPS that enables a single standard rack to support one megawatt of power. With high-density, high-efficiency, and intelligence, this series effectively lowers the physical footprint and reduces the number of installation labor hours needed in comparison to other UPS solutions. And, once up and running, system efficiency reaches 97%; in addition, the system is low-load and efficient in hibernation mode.

Huawei launched an ultra-high-density modular UPS product series - UPS5000-H - that uses a new 100 kVA/3 U ultra-high-density hot-swappable power modules
Huawei launched an ultra-high-density modular UPS product series – UPS5000-H – that uses a new 100 kVA/3 U ultra-high-density hot-swappable power modules

Making Site Power Simple

A defining trend of digital transformation is the widespread emergence of digital sites — telecom sites, edge computing sites, video sites, and more — reflecting increasing Information Communications Technology (ICT) convergence. Indeed, both Alternating Current (AC) and Direct Current (DC) power supplies are required to power diverse onsite sensing Internet of Things (IoT) devices, Communication Technology (CT) devices, and Information Technology (IT) devices. Unlike the traditional use of multiple AC and DC power systems, forming a kind of patchwork model, Huawei’s iMagicPower adopts a multi-function, integrated design, supporting solar, Diesel Generator (DG), mains, and battery as power inputs. It also provides different power output modes, including 12/24/36/48 V DC output and 24/220/380 V AC output. With all functional parts available in a modular design, precise configuration is possible and future expansion is simplified, allowing enterprises to build according to their needs and means.

For site level energy storage and backup, Huawei launched CloudLi, a fifth generation energy storage system. Compared with common lithium batteries, Huawei CloudLi offers improved performance in terms of power density and reliability, alongside a range of intelligent features to help customers reduce both Capital Expenditure (CAPEX) and Operating Expenditure (OPEX). Particularly important with staffing restrictions in place during the ongoing COVID-19 pandemic, CloudLi supports remote, intelligent Operations and Maintenance (O&M), doing away with manual tasks such as onsite inspection and onsite maintenance.

Unternehmensvorstellung Wöhrle, one of Huawei’s power system partners based in Germany, has experience of using both iMagicPower and CloudLi. The company’s Chief Technology Officer (CTO) has noted that the high reliability of the solutions ensures that they function safely in a wide temperature range even under harsh conditions, with intelligent features enabling optimal monitoring of the lithium batteries.

About Huawei

Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With integrated solutions across four key domains – telecom networks, IT, smart devices, and cloud services – we are committed to bringing digital to every person, home and organization for a fully connected, intelligent world.

Huawei’s end-to-end portfolio of products, solutions and services are both competitive and secure. Through open collaboration with ecosystem partners, we create lasting value for our customers, working to empower people, enrich home life, and inspire innovation in organizations of all shapes and sizes.

At Huawei, innovation focuses on customer needs. We invest heavily in basic research, concentrating on technological breakthroughs that drive the world forward. We have more than 194,000 employees, and we operate in more than 170 countries and regions. Founded in 1987, Huawei is a private company fully owned by its employees.

For more information, please visit Huawei online at www.huawei.com or follow us on:

http://www.linkedin.com/company/Huawei 
http://www.twitter.com/Huawei 
http://www.facebook.com/Huawei 
http://www.youtube.com/Huawei

Related Links :

http://www.huawei.com

PR Newswire

FICO Survey: 54% of Indonesians Prefer to Use Digital Channels to Engage with their Bank During Financial Hardship

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Appeal of in-person branch banking fading fast post pandemic

JAKARTA, Indonesia, March 18, 2021 —

Preferred banking customer touchpoints across Asia Pacific - December 2020
Preferred banking customer touchpoints across Asia Pacific – December 2020

Highlights:

  • 54 percent of Indonesian consumers prefer to use digital channels to engage with their bank during financial hardship.
  • 23 percent of Indonesians prefer to communicate via their mobile banking app; 14 percent use telebanking.
  • 35 percent of Indonesians prefer to deal with just one primary bank with a further 39 percent saying that they ‘somewhat agreed’ this was their preference.

A recent survey by global analytics software firm FICO has revealed that 54 percent of Indonesian consumers prefer to use digital channels to engage with their bank during financial hardship. The poll conducted in December 2020, during the height of the global COVID-19 pandemic, demonstrates the willingness of consumers to embrace digital banking and the opportunities that exist for banks to further develop their offering.

More information: https://www.fico.com/en/latest-thinking/market-research/advancing-new-experiences-digital-banking

The high level of smartphone penetration in Indonesia meant that 23 percent of Indonesians preferred to communicate about hardship using their mobile banking app; 14 percent wanted to use phone banking; 8 percent communicated via email; 7 percent preferred internet banking and 3 percent wanted to use virtual conference technology.

"The risk of infection and social distancing requirements made branch visits less appealing last year, accelerating a shift to digital banking channels globally," said Aashish Sharma, risk lifecycle and decision management lead for FICO in Asia Pacific. "Being able to deliver and manage numerous channels in line with customer preference and deliver a seamless and engaging experience is a challenge that is here to stay. Investment in customer management and communication tools that span these channels and product silos and can deliver personalization and improved decision making is key to making digital banking a success."

Customer attitudes to new technology from banks such as debt collection automation can yield some interesting preferences and behaviors.

"It is worth noting that during periods of hardship, some customers prefer to deal with the issue using intelligent, automated online services, such  as  our FICO® Customer Communication Services (CCS) so as to avoid the embarrassment of talking to an agent about outstanding loans. If customers prefer digital channels during times of hardship, their most difficult time, it seems to me we can expect branch banking to continue its decline." explained Sharma.

Importance of maintaining banking relationships

Banks still have a data and relationship advantage when compared to fintech challengers. The survey revealed that across Asia Pacific, one in three consumers preferred to have all their banking needs serviced by one bank. In Indonesia this was slightly higher at 35 percent, with a further 39 percent saying that they ‘somewhat agreed’ they would like to deal with just one primary bank.

"Managing multiple bank accounts or finance products with different lenders can often be a complex, time-consuming and costly process for the average banking customer," said Sharma. "Digital banking users today are looking for greater control and visibility of their financial position."

When asked about their willingness to try a fintech or challenger bank, 28 percent of Indonesians said that they were inclined to consider a competitor with a further 41 percent relatively open to the idea.

"To consolidate and strengthen main bank engagement, lenders need to offer digital banking features that compete with the challengers to ensure the stickiness and viability of long-term customer relationships," added Sharma.

Most appealing reasons to switch banks

When asked about the reasons they would make the switch to a competitor, 52 percent of Indonesian consumers said their number one reason would be to secure improved personalization and controls in their digital banking service. The poll defined this as the ability to view transaction history, update personal details, reset passwords and other such functions. Interestingly, personalization and control was also the top reason for switching across Asia Pacific (31%).

Other top switching drivers across Asia Pacific were; the ability to control a payment card (set transaction limits, lock/unlock); the ability to set up recurring payments; and improved security features such as biometrics and two-factor authentication.

FICO’s Advancing New Experiences in Digital Banking survey was conducted in December 2020 using an online, quantitative poll of 5,000 consumers across ten countries and regions carried out on behalf of FICO by an independent research company. The countries surveyed were Australia, Hong Kong, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam.

About FICO

FICO (NYSE: FICO) powers decisions that help people and businesses around the world prosper. Founded in 1956 and based in Silicon Valley, the company is a pioneer in the use of predictive analytics and data science to improve operational decisions. FICO holds more than 195 US and foreign patents on technologies that increase profitability, customer satisfaction and growth for businesses in financial services, manufacturing, telecommunications, health care, retail and many other industries. Using FICO solutions, businesses in more than 120 countries do everything from protecting 2.6 billion payment cards from fraud, to helping people get credit, to ensuring that millions of airplanes and rental cars are in the right place at the right time.

Learn more at www.fico.com.

Join the conversation on Twitter at @FICOnews_APAC.

FICO is a registered trademark of Fair Isaac Corporation in the US and other countries          

Related Links :

https://www.fico.com

PR Newswire

FORESEE pSLC microSD Card from Longsys, a Dynamic New Force for the Industrial Market

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SHENZHEN, China, March 15, 2021 — To keep in step with industry development and meet market demands, FORESEE, the technology-based brand of Longsys, has officially launched the FORESEE pSLC microSD storage card recently. With highly reliable pSLC storage chips and capacity options ranging from 8GB, 16GB, 32GB, 64GB, to 128GB, it aims to provide industry customers with diversified mobile storage solutions.

Product Information

The pSLC technology is tailored for industrial-grade application scenarios

8GB

16GB

32GB

64GB

128GB

Part Number

NC5SE2008G-
A8A46

NC5SE2016G-
A8A46

NC5SE2032G-
A8A46

NC5SE2064G-
A8A44

NC5SE2128G-
A7A44

Interface

SDA 6.1

UHS-I (SDR104)

SDA 6.1

UHS-I (SDR104)

SDA 6.1

UHS-I (SDR104)

SDA 6.1

UHS-I (SDR104)

SDA 6.1

UHS-I (SDR104)

Nand Flash
Technology

Samsung pSLC

Samsung pSLC

Samsung pSLC

Samsung pSLC

Samsung pSLC

Speed Class

C10 U3 V30 A2

C10 U3 V30 A2

C10 U3 V30 A2

C10 U3 V30 A2

C10 U3 V30 A2

Seq. W/R1

88/100 MB/s

88/100 MB/s

88/100 MB/s

88/100 MB/s

88/100 MB/s

4K IOPS1

2588/5259

2551/5230

2555/5256

2522/5208

2454/5205

Operation Temp.

-40℃~85℃

-40℃~85℃

-40℃~85℃

-40℃~85℃

-40℃~85℃

Storage Temp.

-40℃~85℃

-40℃~85℃

-40℃~85℃

-40℃~85℃

-40℃~85℃

Endurance

30,000 P/E

30,000 P/E

30,000 P/E

30,000 P/E

30,000 P/E

Data Retention

≤10% P/E: 5years

100% P/E: 1year

≤10% P/E: 5years

100% P/E: 1year

≤10% P/E: 5years

100% P/E: 1year

≤10% P/E: 5years

100% P/E: 1year

≤10% P/E: 5years

100% P/E: 1year

TBW 2

219

433

874

1735

3461

PPM

≤50 PPM

≤50 PPM

≤50 PPM

≤50 PPM

≤50 PPM

Warranty

5 years

5 years

5 years

5 years

5 years

Applications

FORESEE pSLC microSD industrial storage cards are widely utilized in industrial monitoring systems, vehicle monitoring systems, industrial automation, energy mining, medical equipment, and other fields.

Advantages
pSLC storage chips are used for meeting industrial-grade standards

Compared to SLC 1bit/cell that come with only 2 voltage states, the TLC 3bit/cell boasts 8 voltage states. The fewer the voltage states, the greater the pressure difference between adjacent states. Therefore, the introduction of pSLC technology can facilitate high P/E cycles, fault tolerance, and stability.

Rigorous production tests are conducted to ensure consistent quality

Before departing from the factory, all Longsys microSD products undergo rigorous production testing including aging tests and high & low temperature pressure tests to ensure the product is both stable and reliable.

Power failure protection prevents your data from being lost

Emergency power failure protection allows FORESEE pSLC microSD industrial storage cards to protect both the integrity of the original data as well as data blocks that have been programmed before any failure to avoid data disorder.

High stability, durability, compatibility, and performance

FORESEE pSLC microSD storage cards are characterized by an ultra-high durability of 30,000 P/E and a life cycle of over 5 years. In addition, they are anti-static, anti-vibration, and moisture-proof. Actual measurements have verified that they can maintain a stable sequential read/write speed of above 60MB/s for extended periods without any evident drop in speed. Their 4K random read/write speed is also very stable, and can remain above 5.66MB/s for extended periods.

Features
Diversified capacity combinations are presented to meet differentiated requirements

With capacity options ranging from 8GB, 16GB, 32GB, 64GB, to 128GB, diversified capacity combinations can meet the storage requirements of different applications, such as vehicle monitoring systems and industrial automation.

Compliant with industrial-grade temperature requirements to cater to a wide range of scenarios

The products meet the industrial temperature requirement of -40–85℃, enabling them to adapt to various extreme operation environments and be used in more industry applications.

Conclusion

The rapid development of mobile, storage, Internet, Internet of Things (IoT), and other technologies has promoted both industrial and technological innovations, which will greatly benefit industrial applications over the next few years.

The Longsys mobile storage product line has long been a pioneer in exploring industry trends, thanks to the abundant technologies and rich experience it has accumulated since being establishment in 2002. FORESEE, a technical storage brand focusing on industry applications, now has its sights set on the industrial market. By utilizing its quality products, premium customization capabilities, and real-time technical support, FORESEE will provide customers with a stable supply and high-reliability safeguards. They will reduce the likelihood of incompatibility and being out of stock, and continue to enable a virtuous circle of industry growth and application.

PR Newswire

14th Five-Year Plan: How China guides development with five-year plans

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BEIJING, March 13, 2021 — A news report by China.org.cn on the China’s 14th Five-Year Plan for National Economic and Social Development and the Long-Range Objectives Through the Year 2035:

 

At the fourth session of the 13th National People’s Congress (NPC), the 14th Five-Year Plan (2021-2025) for National Economic and Social Development and the Long-Range Objectives Through the Year 2035 was approved. The plan clearly states that during the 14th Five-Year Plan period, China will accelerate the establishment of a new development pattern of "dual circulation," where domestic and foreign markets can boost each other, with the domestic market as the mainstay, and start a new journey of building a modern socialist country with a new development concept.

China’s five-year plans are a series of social and economic development initiatives issued since the 1950s, which map strategies, put forward targets and set corresponding policy-making directions. They are an important way in which the Communist Party of China (CPC) governs the country.

In 1953, China drew up its first five-year plan when the country needed to build its capacity from scratch. The 1st Five-Year Plan (1953-1957) set out the basic task of laying the foundations of China’s industrialization and completing its socialist transformation. During that period, China successfully produced its first car, its first jet aircraft and the Wuhan Yangtze River Bridge. By the end of 1957, China’s total industrial output had increased by 128.6% compared with 1952.

In 1986, China drew up the 7th Five-Year Plan (1986-1990). This plan, devised after the reform and opening-up of China, included for the first time sections on "expanding external economic and technological exchanges" and "investment structure and policy," and also placed the development of science and education in important strategic positions. During the 7th Five-Year Plan period, China’s economic system underwent major changes, with the Shanghai Stock Exchange starting operations in December 1990.

In the last five years (2016-2020) of building a moderately prosperous society in all respects, the 13th Five-Year Plan highlighted "innovation" and "reform." It also set out key tasks including targeted poverty alleviation, construction of the Belt and Road Initiative, integration of Hong Kong and Macao into overall national development, and strengthened the crackdown on corruption. By the end of 2020, China’s GDP exceeded the threshold of 100 trillion yuan ($15.42 trillion). Meanwhile, the Fuxing bullet trains, Hong Kong-Zhuhai-Macao Bridge, C919 airplane, Chang’e-4 spacecraft, Beidou Navigation System and other achievements have become new icons of China.

China’s five-year plans can be said to have charted the path of national economic and social development, and recorded the entire process of the country’s growth.

From the 1st to 14th Five-Year Plan, China has been marching toward the same goal, that is, to achieve modernization. The consistency of targets, long-term decisions, stability and continuity of guidelines are distinguishing features of China’s governance system.

Now, the new 14th Five-Year Plan and the Long-Range Objectives Through the Year 2035 will lead the Chinese people toward building a great modern socialist country with a brighter future.

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

14th Five-Year Plan: How China guides development with five-year plans
http://www.china.org.cn/video/2021-03/11/content_77299352.htm

PR Newswire

MCW Companies Streamlined Payroll and Connectivity with Field Teams during COVID-19 by Launching a Project Management App with HokuApps

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MCW’s New App, MCW Go, Enables Efficient Timekeeping, HR & Safety Resources, and Superior Project Management.

POMPANO BEACH, Fla., March 12, 2021 — MCW Companies, LLC., serves South Florida with various services, including concrete repair, caulking, and waterproofing on commercial and residential buildings through its subsidiaries, Metro Caulking & Waterproofing and MCW Restoration Services, LLC. As a field-based services business, MCW Companies, LLC., needed an efficient system to track job hours, assign work tasks, document work-in-progress, and reinforce its strict safety program amidst COVID-19.

They partnered with HokuApps, a global player in next-generation digital transformation services, to develop a custom-designed mobile app that covered all the basic requirements of MCW Companies, with additional features such as safety inspection checklists and HR functions built-in.

With the MCW Go app live for iOS & Android, tasks like time tracking and real-time visibility features are easy to use, allowing supervisors to create and approve daily reports for these jobs once the task completes. Approved hours are then exported from the system and further imported to the payroll engine with appropriate overtime calculations, automatically included. Safety-related functions are also built into the app to ensure that all protocols are followed. Tool Box Talks, Safety Inspections Checklists, and MSDS are available to all employees through MCW Go and can be easily tracked by the management.

"HokuApps has made our life so much easier," said Cindy Raffio, CEO of MCW Companies, LLC. "Errors have been significantly reduced, as well as the labor time spent in processing payroll hours. The COVID symptom screening form has been very helpful and our field employees are quickly adapting to using the app. HokuApps team were very responsive to our requirements and we look forward to working with them in the coming months as new features are to be developed."

"The custom solution we created for MCW Companies can benefit any service-based company," said Nand Kapoor, Director of HokuApps. "Especially with companies that work in the field, using mobile apps for day-to-day procedures just makes the most sense and will always save time and money."

About HokuApps

HokuApps is the fast-growing rapid application development platform that empowers organizations to develop innovative technology solutions incredibly fast. With a cutting-edge automated development engine, HokuApps can build custom solutions for any part and any size of the business 10X faster and at a fraction of cost. This technology platform has enhanced mobile and data integration capabilities to enable companies to speedily deploy mobile and web applications. HokuApps empowers organizations to usher in their digital transformation journey to better engage with customers, partners, and employees.

PR Newswire

A Magical 100W GaN Charger with Quick Charge 5 Certification Revealed by Baseus

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HILLIARD, Ohio, March 12, 2021 — It is fair to say that Qualcomm® Quick Charge™ 5 technology has made an obvious impact on the fast charging industry since it released last year. Baseus is incorporating this technology into its new charging accessory, which has more than 100W of charging power. This allows users to charge a 4500mAh phone battery from 0 to 50% in just five minutes. Moreover, the 100W+ power enables Quick Charge 5 to have better performance in other areas. For example, 100W power is powerful enough for fast charging uaportable laptops. The Quick Charge 5 implementation in a mobile device will also bring a better experience in terms of battery life and other aspects.

The end of last year saw the first appearance of a number of devices supporting the Quick Charge 5 technology. For example, the Xiaomi Mi 10 Extreme Commemorative Edition is compatible with Quick Charge 5 chargers, and some newly launched laptops are also compatible with Quick Charge 5 technology.

Many domestic manufacturers have already devoted to the development of Quick Charge 5 chargers, but the first exposed one may be Baseus 100W charger. Judging from the size and thickness, it should use gallium nitride technology. If it is true, then it is likely to be the first domestic GaN charger supporting the Quick Charge 5 technology. In view of the strategic partnership between Baseus and Navitas Semiconductor which represents the first echelon of domestic GaN R&D strength, it might well be true.

The picture below is an image just officially revealed by Baseus. The small fast charging device surrounded by several laptops should be Baseus latest product using the Quick Charge 5 technology. The slogan "All laptops" is truly exciting. Does it mean that users no longer need to carry an as heavy as a brick laptop charger? This new charger shouldn’t be too bulky according to Baseus style. If it is compatible with most laptops, it can solve most customers’ pain point. In short, it is worth waiting for.

Baseus 100W charger Revealed
Baseus 100W charger Revealed

As a new generation of semiconductor technology, gallium nitride chargers have higher power and a smaller size than traditional high-power chargers, making it easier to carry. The biggest change for users is that they can replace the original large charger of a laptop so that they can travel light.

A more pleasant mobile working is predictable. People just need to carry a small Quick Charge 5 gallium nitride charger for computers and phones most of the time. Just taking 15 to 30 minutes, customers’ phones and laptops can have a few hours of battery life. Let us look forward to the birth of such an epoch-making new product together.

Quick Charge 5 sets a new standard for charging performance by charging up to four times faster than the previous generation. While Quick Charge 5 charges devices at blazing fast speeds, it also keeps extreme safety measures in mind; Quick Charge 5 incorporates 12 separate voltage, current and temperature protections, including USB-input overvoltage protection at 25V and external power controls beyond 30V. It also runs 10 degrees Celsius cooler than Quick Charge 4. Quick Charge 5 enables Dual/Triple Charge technology, adaptive input voltage, INOV4, Qualcomm® Battery Saver and the new Qualcomm® Smart Identification of Adapter Capabilities technology, which work together to maximize power transfer efficiency, increase safety and help extend the battery life cycle on a users’ device.

Quick Charge is designed to increase the battery charge of a device by up to 50% in 5 minutes. Actual results may vary depending on device design.

Qualcomm and Quick Charge are trademarks or registered trademarks of Qualcomm Incorporated.

Qualcomm Quick Charge, Qualcomm Battery Saver, and Qualcomm Smart Identification of Adapter Capabilities are  products of Qualcomm Technologies, Inc. and/or its subsidiaries.

Related Links:
http://www.baseus.com/

Press Contacts:

Address: 4340 Lyman Dr.，Hilliard, OH 43026, United States
Alber Ou – Public Relations Specialist
Email:  vipbaseus@gmail.com
Phone: +86 13530560435

Related Links :

http://www.baseus.com/