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Flipclutch Research: The integrated brain-computer interface connects to AR glasses, WIMI opens up the field of holographic AR interactive applications

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HONG KONG, Jan. 29, 2021 — Regarding AR/VR interaction, it has always been the focus of discussion, and the most promising direction in the industry is the brain-computer interface. Brain-computer interface (BCI) refers to the direct connection created between the human or animal brain and external equipment to exchange information between the brain and the equipment.

Among them, for non-invasive brain-computer interfaces, current training results are more concentrated in specific areas. It is these cutting-edge explorations that make the application of brain-computer interfaces very similar to the development of AR glasses and can play a significant role in specific fields.

There is currently an AR glasses with the integrated brain-computer interface on the market. It is understood that this is an AR glasses specially designed for people with communication disorders. It is not only characterized by the integrated brain-computer interface, but also supports natural voice interaction (voice generation and dialogue). The goal is to allow people with communication disorders or cognitive disorders to communicate and live better. Prior to this, it has launched eye-tracking AI software based on Apple’s original deep sense camera and iOS applications for emotional expression training.

There are two solutions for the brain-computer interface: invasive and non-invasive. The latter is easier to implement, and the impact caused by the user is less. In some respects, we have used various ways in our lives to make the information in our heads and machinesinteract with each other, such as Siri, Alexa, orXiaodu.

The glasses support head movement in AR/VR at the interactive level, as well as brain-computer interface control. It integrates 6 non-invasive dry medical electrodes, 2 auxiliary channels, plus electrodes, and channelcalibration. In terms of voice interaction, it integrates Amazon’s voice assistant Alexa, which can control smart home, play music, and other operations. At the same time, AR glasses can also display your voice, or the text of the voice being played.

At this stage, this type of glasses can already meet the basic needs of most users with communication disorders, such as cerebral palsy (CP), amyotrophic lateral sclerosis (ALS), atresia syndrome, ADHD, and hundreds of other disease groups.

The reason for launching such AR glasses is because, for a long time ago, assistive technology devices often relied on consumer electronic devices, such as smartphones, but they may bring some technical delays and lags. After all, they are designed for mass consumer groups.

This product targets people with communication disorders. With these technologies, it can be better applied in related scenarios. In other words, even ordinary people will readily accept good (interaction) design.

In addition, many other technology companies have also shown interest in AR products that integrate brain-computer interfaces. As for AR, it affects the way and experience of human-computer interaction. In the near future, AR/VR will be a combination of sound, hands, and our brain, and will play a role in different scenarios.

Augmented Reality (AR) technology is a technology that ingeniously integrates virtual information with the real world. It uses a variety of technical methods such as multimedia, 3D modeling, real-time tracking and registration, intelligent interaction, and sensing. After computer-generated texts, images, 3D models, music, videos, and other virtual information are simulated, they are applied to the real world. The two kinds of information complement each other, thus realizing the "enhancement" of the real world.

With the widespread application of holographic AR and other technologies, new content integrating sensory experience emerges endlessly. In recent years, technological innovation in the AR field has been very fast.As a holographic AR company listed on NASDAQ, WIMI Hologram Cloud is also committed to exploring the application fields of holographic AR.

WIMI was established in 2015. It focuses on holographic cloud services, which are mainly focusing on automotive AR holographic HUD, holographic pulse laser, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation, and other professional fields. Meanwhile, its business covers multiple links of the Hologram AR technology, including Hologram computer visual AI synthesis, Hologram visual presentation, Hologram interactive software development, Hologram AR online and offline advertising, Hologram ARSDK payment. It is a holographic cloud comprehensive technical solution provider.

WIMI has a leading AR holographic application platform in China, which is currently mainly used in entertainment, advertising, education, and other industries. Besides, its hardware environment is relatively mature, which is very beneficial to the development of software and content in these fields.

WIMI has established a comprehensive and diversified holographic AR content library among all Chinese holographic AR solution providers. WIMI Hologram Cloud owns about 4654 AR holographic contents, 106 software copyrights, and 219 technical patents. Its holographic technology has been applied in social, education, entertainment, medical, military, home furnishing, industry, tourism, e-commerce, and other fields.

The introduction of BCI will become another wave of industrial and technological revolution and will raise fundamental questions for the era. From the perspective of the application fields that can be affected by the brain-computer interface, whether it is medical care, education, consumption, or other fields, it will bring huge market space and very broad prospects. AR has become one of the most anticipated future technologies. With the continuous development of AR, AR applications have begun to develop and diversify. Augmented reality technology is developing rapidly, and this technology will also have a higher degree of attention in the future.

About Flipclutch

Flipclutch Team is a leading market research company in Hong Kong. They have established a professional and proprietary research platform for financial markets, focusing on emerging growth companies and technologically leading companies. Flipclutch team is professional in market research reports, industry insights & financing trends analysis. For more information, please visit http://www.Flipclutch.com

Website: http://www.Flipclutch.com

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From Industry Transformation to Cultural Innovation, Tencent’s Edward Cheng Decodes the Role of Digital Technologies Amid COVID-19 at Oxford TMCD Conference

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SHENZHEN, China, Jan. 29, 2021 — The COVID-19 pandemic has presented an unprecedented challenge to public health, business models, human activities and culture exchange worldwide. It has also led to a rethinking of the power of digital technologies in responding to crisis. Edward Cheng, vice president of the leading Chinese technology company Tencent (Tencent Holdings Ltd, 0700.HK), shared his insights during an online conference on how technology can be leveraged to strengthen resilience and promote innovation in a challenging environment.

On January 28th, Cheng, in front of a panel of renowned experts and speakers from the University of Oxford, World Bank, UN Tech Bank and UN DESA, said, "The pandemic is still breaking physical connections between people. However, with Internet technologies, those connections were fixed and rebuilt, creating a new world where the digital world is closely integrated with real life, and laying the foundation for economic and social recovery."

Cheng made the remarks at an online conference organized by the Technology and Management Centre for Development (TMCD) at the University of Oxford. He was the only keynote speaker representing a Chinese company to discuss the development, challenges and prospects for new technologies and platforms in developing countries amid the pandemic.

Oxford University’s Pro-Vice-Chancellor David Gann said at the same conference: "Companies like Tencent have been working and investing heavily in research and development in making technology that allows us to connect and work together for many years, and now thankfully we are reaping the benefit of that." He also called for the scientific community to work closely in collaboration with the policy community, as well as with businesses to put ideas into practice to make the world a better place.

Professor Xiaolan Fu from Oxford University pointed out: "There is increasing recognition that science, technology and innovation can play important roles in achieving sustainable development goals. And the rise of digital technology, in particular, can play a very important role in building an inclusive society."

According to Tencent’s Cheng, there are more than 80 million small and micro businesses in China, employing approximately 80 percent of workforce. Facing the pandemic, many of these businesses took the initiative to move their work online using WeChat, a popular Chinese social networking platform. They set up chat groups to showcase goods, interact with customers and complete transactions via online payment. In just four months, the number of such "small shops" connected to WeChat Pay services tripled, and the volume of transactions soared by 5.1 times, allowing for the ongoing sustainable operation of small businesses. Local governments have also used WeChat to distribute vouchers to subsidize consumers without the need for physical contact.

Cheng outlined the digital transformation of Chinese businesses and society that has been widely seen in various sectors including online education, remote working, online healthcare, and digital culture due to the pandemic. Tencent Education Platform, for example, has served more than 100 million students and millions of teachers in China during the pandemic. The number of users for Tencent Meeting exceeded 100 million just eight months after its launch.

Compared to sectors that have a strong dependence on offline operations, Cheng explained how some industries have been more proactive in embracing the trend of digital transformation, "The cultural industry, which has gone through over 10 years of digitalization, released tremendous energy during the epidemic and brought people a wealth of spiritual enjoyment."

Cheng cited a hit TV drama series Joy of Life, which entertained many Chinese families when people were forced to stay at home. Being streamed over 16 billion times, it represents a success of Tencent’s Neo-Culture Creativity strategy that placed IP development at the core of cultural product creation. The IP was created from an online fiction on the China Literature platform, and was later adapted to a costume drama with modern influences to resonate with today’s audience.

Cheng also mentioned some other cases in which digital technologies were utilized to ease the impact of the pandemic. Last February, Tencent collaborated with the Dunhuang Research Academy to develop a mini-program called "The Mogao Caves Cloud Museum" as the Mogao Grottoes in Dunhuang were temporarily closed. It brought the world-famous murals of the Mogao Grottoes online, and added digital features such as e-calendars and a voice acting program, giving users a digital interactive experience and allowing them to take their own virtual tours of the landmark.

"Looking back on our digital approaches to fighting against the pandemic in the past year, we find that continuous innovations are what drive products that can influence the industry and create value for users," Cheng said. Digital technologies have helped society rise to the challenge posed by the epidemic, while also providing long-term momentum for sustainable economic and social recovery.

As a technology company committed to the mission of "Value for Users, Tech for Good," Tencent has initiated research in co-operation with Oxford University to jointly promote research on scientific and technological innovation, according to Cheng.

PR Newswire

Ericsson reports fourth quarter and full-year results 2020

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STOCKHOLM, Jan. 29, 2021 — 

Fourth quarter highlights           

  • Sales adjusted for comparable units and currency grew by 13% YoY mainly driven by sales in North East Asia, Europe and North America. Reported sales were SEK 69.6 (66.4) b.   
  • Gross margin excluding restructuring charges improved to 40.6% (37.1%) with margin improvements in all segments. Reported gross margin improved to 40.6% (36.8%).
  • Operating income excluding restructuring charges improved to SEK 11.0 b. (15.8% operating margin) from SEK 6.5 b. (9.7% operating margin) mainly driven by Networks. Reported operating income was SEK 11.0 (6.1) b.           
  • Networks sales increased by 20% YoY, adjusted for comparable units and currency. Operating margin excluding restructuring charges was 21.5% (14.5%).         
  • Reported net income was SEK 7.2 (4.5) b.         
  • Free cash flow before M&A was SEK 12.8 (-1.9) b. Q4 2019 included a payment of SEK 10.1 b. related to the resolution of the US SEC and DOJ investigations. Net cash Dec 31, 2020, was SEK 41.9 (34.5) b. 

Full-year highlights      

  • Sales adj. for comp. units and currency grew by 5%, with Networks growing by 10%. Reported sales increased by 2% to SEK 232.4 b.
  • Gross margin excl. restructuring charges was 40.6% (37.5%), with improvements in all segments.
  • Reported operating income improved to SEK 27.8 (10.6) b.           
  • Reported net income was SEK 17.6 (1.8) b.     
  • Free cash flow before M&A amounted to SEK 22.3 (7.6) b. Full-year 2019 included a payment of SEK 10.1 b. related to the resolution of the US SEC and DOJ investigations.          
  • The Board of Directors will propose a dividend for 2020 of SEK 2.00 (1.50) per share to the AGM.

Planning assumptions highlights (please see the quarterly report for complete planning assumptions)      

  • Three-year average reported sales seasonality between Q4 and Q1 is -24%; however, the seasonal effect may be somewhat less pronounced due to 5G deployment in some of Ericsson’s markets.

SEK b.

                                   

Q4 2020

QA 2019

Yoy change

 Q4 2020

    QoQ change

Jan-Dec  2020

Jan-Dec 2019

                YoY  
                                  change                    

                                   

Net sales

 

69.6

 

66.4

 

5%

 

57.5

 

21%

 

232.4

 

227.2

 

 

2%

                                   

Sales growth adj. for comparable units and currency 

 

–

 

–

 

13%

 

–

 

–

 

–

 

–

 

 

5%

                                   

Gross margin 

 

40.6%

 

36.8%

 

–

 

43.1%

 

–

 

40.3%

 

37.3%

 

–

 

                                   

Operating income (loss) 

 

11.0

 

6.1

 

80%

 

8.6

 

27%

 

27.8

 

10.6

 

 

163%

                                   

Operating margin 

 

15.8%

 

9.2%

 

–

 

15.0%

 

–

 

12.0%

 

4.6%

 

–

 

                                   

Net income (loss) 

 

7.2

 

4.5

 

60%

 

5.6

 

29%

 

17.6

 

1.8

 

–

 

                                   

EPS diluted, SEK 

 

2.26

 

1.33

 

70%

 

1.61

 

40%

 

5.26

 

0.67

 

–

 

                                   


Measures excl. restructuring charges and other items affecting comparability[1]

                                   

Gross margin excluding restructuring charges 

 

40.6%

 

37.1%

 

–

 

43.2%

 

–

 

40.6%

 

37.5%

 

–

 

                                   

Operating income excl. restr. charges & items affecting compar. in 2019[2] 

 

11.0

 

5.7

 

92%

 

9.0

 

23%

 

29.1

 

22.1

 

 

32%

                                   

Operating margin excl. restr. charges & items affecting compar. in 2019[2] 

 

15.8%

 

8.6%

 

–

 

15.6%

 

–

 

12.5%

 

9.7%

 

–

 

                                   

Free cash flow before M&A 

 

12.8

 

-1.9

 

–

 

3.9

 

–

 

22.3

 

7.6

 

 

192%

                                   

Net cash, end of period 

 

41.9

 

34.5

 

21%

 

41.5

 

1%

 

41.9

 

34.5

 

21%

 

[1]Non-IFRS financial measures are reconciled at the end of this report to the most directly reconcilable line items in the financial statements.

[2]Operating income excludes restructuring charges in all periods and cost provisions related to the resolution of the SEC and DOJ investigations of SEK -11.5 b. in Q3 2019 as well as a partial release of the same provision of SEK 0.7 b. in Q4 2019.

Comments from Börje Ekholm, President and CEO of Ericsson (NASDAQ:ERIC)

As we navigate through the pandemic, health and well-being of our colleagues, customers and partners is our number one priority. Despite the challenges, our people continued to deliver and to serve our customers with very limited disturbances. Our R&D investments have continued to drive both technology leadership and cost efficiency which have led to increased market share and improved financial performance. We are today a leader in 5G with 127 commercial contracts and 79 operating networks around the world. Organic[1] sales grew by 5% for the full year. Our operating margin[2] of 12.5% (5.0%) exceeded our 2020 target and reached the 2022 Group target range two years early.

Networks sales grew organically[1] by 20%, reporting a gross margin[2] of 43.5% (41.1%) for Q4. This reflects continued high activity levels in North America and North East Asia, and also in Europe where we further increased market share. Networks delivered an operating margin[2] of 19% for full-year 2020 – well above the 15%-17% target. Investing in R&D is fundamental to our strategy. Since 2017 we have increased R&D investment by SEK 10 b. and delivered SEK 16 b. of improved operating income. Our growth during 2020 is built on a strong and competitive 5G portfolio.

Digital Services gross margin[2] grew to 41.0% (38.1%) in Q4. From 2017 to 2020, gross margin excluding restructuring charges and items affecting comparability increased from 29% to 42%, as a result of streamlined product portfolio, fewer critical contracts, a growing portion of software sales and lower service delivery costs. We continue to execute on the turnaround plan and the operating income[2] of SEK 0.5 b. in Q4 is the best quarterly result to date. The cloud-native 5G portfolio has a high win ratio and significant new customer contracts will start to generate revenues during the next 12-18 months. By selective R&D investments to accelerate our growth portfolio, we aim to capture further opportunities.

Managed Services delivered a gross margin[2] of 17.7% (15.4%) in Q4. Sales declined on operator consolidation in the US during 2020. The full-year 2020 operating margin[2] was 8.1% – above the 5%-8% target. We expect the margin profile to improve further with increasing sales of our Operations Engine with its high value-added services, driven by R&D investments in AI and automation. We see increasingly positive response from customers to our new portfolio.

Emerging Business and Other sales are growing in enterprise offerings such as IoT Platforms, complemented by the acquisition of Cradlepoint. Gross margin[2] improved to 33.8% (15.1%) driven by operational leverage from growth and lower cost as a result of the exited Edge Gravity business. Cradlepoint drives new revenues for mobile service providers and strengthens our position in the 5G enterprise market, alongside our existing Dedicated Networks and IoT portfolio. The underlying business in Cradlepoint develops according to plan. However, reported sales and costs for Cradlepoint are impacted by purchase price allocations and during 2021 our operating margin is expected to be negatively impacted by approximately -1 percentage point due to amortization of intangibles and increased cost for market expansion.

Free cash flow before M&A was SEK 22.3 (7.6) b. in full-year 2020. The Board will propose a dividend of SEK 2.00 (1.50) per share to the AGM, underlining the confidence in Ericsson’s business and financial position. In this context it is worth noting that we decided early on not to apply for any pandemic-related government support.

Patent licensing revenues for the full year amounted to SEK 10 b. As communicated in December, we are approaching important contract renewals, which could negatively impact 2021 and 2022 earnings (see planning assumptions on operating income, page 6). We are confident in the long-term value of our patent portfolio, including a strong position in 5G. We will seek to maximize the net present value of this portfolio, established over many years on the back of R&D investments. The IPR standardization framework, based on FRAND terms, underpins the interoperability of global wireless communications with more than 8 billion mobile subscriptions.

The pandemic has fast forwarded the digitalization of societies, including remote working, by months if not years. A resilient digital infrastructure is critical. We see more signs that countries and enterprises see 5G as a key access technology, with increasing deployment speed in Australia, the Middle East, North East Asia and the US. The pandemic has exposed the digital divide and rapid deployment of 5G is a fast way to bridge the divide.

The Swedish telecom regulator’s decision to exclude Chinese vendors from 5G networks may create exposure for our operations in China. Our business in 180 markets today has been built on free trade and open, competitive markets. This has also ensured the development of a single global standard for mobile communication. It is critical that responses to the geopolitical situation safeguard the extraordinary value associated with those operating standards for 5G and beyond.

During 2020 we further reinforced our strong commitment to ethics and compliance. We increased the investment with the recruitment of additional dedicated resources and the deployment of new or revised processes and controls. As a vital cornerstone, we put focus on establishing a durable ethical culture that is built on individual accountability for responsible business practices. The ongoing independent monitorship is providing valuable contributions to achieving our ambition.

Long-term business fundamentals remain strong and we will continue to invest in further strengthening our portfolio and growing our global footprint. While we expect temporary negative impact during 2021 from IPR renewals, Cradlepoint and investments to strengthen our long-term business, we remain fully committed to the 2022 target as a milestone towards the long-term EBITA[3] target of 15%-18%.

I want to take this opportunity for a shout out to all my colleagues who have turned the business around including delivering on customer commitments during a raging pandemic. I’m proud to be part of this team!

Stay healthy and well.

Börje Ekholm
President and CEO

[1]Sales adjusted for comparable units and currency

[2]Excluding restructuring charges

[3]Excluding restructuring charges and amortization of intangible assets

NOTES TO EDITORS

You find the complete report with tables in the attached PDF or by following this link  https://www.ericsson.com/assets/local/investors/documents/financial-reports-and-filings/interim-reports-archive/2020/12month20-en.pdf  or on www.ericsson.com/investors

Conference call for analysts, investors and journalists

President and CEO Börje Ekholm and CFO Carl Mellander will comment on the report and take questions. The conference call will begin at 9:00 AM CET (8:00 AM GMT London, 3:00 AM EST New York).

To join the conference call, please phone one of the following numbers:

Sweden: +46 (0)8 566 426 51 (Toll-free Sweden: 0200 883 685)

International/UK: +44 (0)333 300 0804 (Toll-free UK: 0800 358 9473)

US: +1 631 913 1422 (Toll-free US: +1 855 85 70686)

PIN code: 39453485#

Please call in at least 15 minutes before the conference call starts.

A live audio webcast of the conference call will be available at www.ericsson.com/investors.

A replay of the conference call will be available from about one hour after the conference call has ended until February 5, 2021.

Sweden replay number: +46 (0)8 519 993 85

International replay number: +44 (0)333 300 0819

US replay number: +1 (866) 931 1566

PIN code: 301335799#

FOR FURTHER INFORMATION, PLEASE CONTACT

Contact person

Peter Nyquist, Head of Investor Relations
Phone: +46 705 75 29 06
E-mail: peter.nyquist@ericsson.com

Additional contacts

Stella Medlicott, Senior Vice President, Marketing and Corporate Relations
Phone: +46 730 95 65 39
E-mail: media.relations@ericsson.com

Investors

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail:  lena.haggblom@ericsson.com

Stefan Jelvin, Director, Investor Relations
Phone: +46 709 86 02 27
E-mail: stefan.jelvin@ericsson.com

Media

Peter Olofsson, Head of Corporate Communications
Phone: +46 702 67 34 45
E-mail: media.relations@ericsson.com

Corporate Communications
Phone: +46 10 719 69 92
E-mail: media.relations@ericsson.com

This is information that Telefonaktiebolaget LM Ericsson is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 AM CET on January 29, 2021.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/ericsson-reports-fourth-quarter-and-full-year-results-2020,c3275901

The following files are available for download:

https://mb.cision.com/Main/15448/3275901/1365236.pdf

Ericsson fourth quarter and full year report 2020

 

PR Newswire

Finding opportunity in adversity – SHAREit’s road to becoming Multi-National

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SHAREit expands to newer markets and garners numerous accolades in the mobile application industry in 2020

SINGAPORE, Jan. 29, 2021 — It is usually believed that businesses are a function of the environment they operate in. The past year has been nothing but a testimony to prove that statement. With the entire year being a long trail of uncertain events, businesses were forced to anticipate and adapt according to the changing scenarios. Strategies were aligned and realigned according to the ever-evolving consumer behavior due to the pandemic, and the entire process is bound to go down as a case study for the future. But even during these testing times, some companies managed to rise to the challenge and come out victorious. SHAREit is one such brand.

SHAREit
SHAREit

SHAREit is a global mobile application that started as a file-sharing platform. It wasn’t before long that it transformed into one of the world’s leading content streaming, gaming, and file-sharing platforms. Its success can be attributed to the application’s unique product offering, adaptability, and localization of content to match the users’ preferences. SHAREit made great strides in 2020 to ensure growth by expanding its services in key emerging markets. The company set up local teams in MENA and Southeast Asia while growing the business to multiple markets like Israel, Turkey, and Europe. In addition to setting up regional offices, SHAREit also believes in employing local personnel who understand the market’s sensibilities. The company now employs people from over 15 nationalities across its offices.

SHAREit also fittingly garnered various accolades through the course of the year. With the year starting with SHAREit being included in the Top 10 Most Downloaded mobile applications globally in the State of Mobile in 2020 by App Annie. Followed by the application being recognized as the fastest growing media publisher according to the AppsFlyer Performance Index Report. The platform observed a growth rate of 160% in-app installs in H1 2020 compared to the H2 2019 edition of the same report. This rise was accompanied by a significant increase in the application’s client base, helping it secure the top spot in the Indian subcontinent, Southeast Asia, and the Middle East.

These recognitions are a testament to SHAREit’s evolution as a full-fledged content provider and its desirability among marketers as an advertising solution provider. With a user base of over 1.8 billion globally and speaking 45 languages in about 200 countries and regions, SHAREit is a one of a kind platform that provides not only short format content but also a wide array of games in the application, making it a one-stop-shop for the user’s digital entertainment needs. The application also works seamlessly online and offline, providing marketers with a significant incremental audience. Additionally, SHAREit is one of the first ecosystems to partner with Google Play to verify, authenticate and attribute each peer 2 peer app to support stable partnerships with its clients. Overall, through its expansive and diverse user demographic, the application helps brands precisely target and influence customers and drive user acquisition. It also offers differential advertising solutions for various marketing objectives like brand awareness, app installs, retargeting, and re-engagement.      

Exponential growth while ensuring the steady evolution of the application as a trustworthy digital entertainment provider has been the key to SHAREit’s success mantra in the past year. The application continually strives towards attracting wider audiences and reach more markets. Moreover, its diverse consumer set and unique advertising offerings have made it a success among markets and garner numerous accolades.

About SHAREit:

SHAREit is one of the world’s largest offline and online platform that provides file sharing, gaming, and content streaming service. It has 1.8 billion users and more than 500 million MAU globally with a strong market presence in SEA, Middle East, Africa, etc. SHAREit was recognised as the fastest growing media publisher globally in H1 2020 by AppsFlyer. The app is owned by Smart Media4U Technology Pte. Ltd headquartered in Singapore.

PR Newswire

Insider is the preferred partner for Messaging & Experiments as Mixpanel sunsets mobile A/B testing

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Mixpanel is sunsetting messaging and mobile A/B testing and has named Insider a preferred partner to transition Mixpanel customers to a new home for tailored customer messaging and experimentation capabilities.

SINGAPORE, Jan. 29, 2021 — Insider, the world’s first integrated Multichannel Growth Management Platform (GMP), becomes Mixpanel’s preferred global partner for transitioning customers off their sunsetted mobile and A/B testing offerings. 

Insider and Mixpanel have a strategic partnership to deliver enhanced personalization, including individualized product and content recommendations, engagement capabilities, and accurate user behavior predictions across multiple marketing channels. 

The new messaging integration between Insider and Mixpanel dynamically syncs across systems—data from Insider events get sent to Mixpanel in real time, and cohorts from Mixpanel are automatically synced back to Insider. With this strengthened partnership, customers can frictionlessly integrate Mixpanel analysis into Insider campaigns in a simple, automated workflow.                            

Insider will offer complete support from implementation to onboarding and special pricing for all Mixpanel customers, with up to 3 months of complimentary services.

"Our robust AI-powered platform is our commitment to supporting brands deliver personalized, omnichannel customer journeys, leveraging the latest web, mobile web, and mobile app features. Our partnership with Mixpanel delivers more authentic customer journeys while achieving a greater return on ROI," said Serhat Soyuerel, Co-founder and VP of Growth at Insider. 

Insider’s Growth Management Platform is the only platform that gives marketers heightened capabilities to track conversions across channels, including website, email, web push, and mobile apps.

Insider is a top leader in the G2 Winter 21 Report Mobile Marketing and Personalization—for 16 consecutive quarters—with a user satisfaction score of 4.7/5.0 as across multiple categories, indexes, and regions, including Europe and APAC. Learn more about the Insider and Mixpanel partnership here.

About Insider

Insider is trusted by more than 800 global enterprise brands, including UNIQLO, Singapore Airlines, Unilever, Santander, Media Markt, Marks & Spencer, Estée Lauder, Samsung, Toyota, Carrefour, Burger King, Puma, GAP, Virgin, AVIS, Avon, Nissan, BBVA, IKEA, and CNN. 

Insider helps marketers across industries connect data from multiple channels, predict the future behavior of their customers with AI, and deliver individualized experiences on any channel. Insider has a pulse on emerging channels like WhatsApp Business and Facebook Messenger and continuously improves its platform with future-proof technologies.

For more information, visit www.useinsider.com or request a personalized demo here.

PR Newswire

Palma Ceia SemiDesign Announces PCS1100 Wi-Fi 6E 4×4:4 Transceiver

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SANTA CLARA, Calif., Jan. 28, 2021 — Palma Ceia SemiDesign, a fabless semiconductor company specializing in wireless connectivity solutions, today announced the PCS1100, a Wi-Fi 6E 4×4 transceiver. The PCS1100 is the first chip announced as part of Palma Ceia’s family of Wi-Fi 6 products which support the growing deployment of Wi-Fi 6 networks, and it will provide essential platform technology for a series of upcoming Wi-Fi 6E chipsets.

The PCS1100 supports up to four spatial streams and can operate in the newly allocated 6 GHz spectrum (5.925–7.125 GHz) for Wi-Fi devices, in addition to the 2.4 GHz and 5 GHz bands. The transceiver supports dual-concurrent operation, allowing simultaneous operation on two frequency bands.

The PC1100 operates as the RF radio part of a wireless system enabling the operation of a Wi-Fi 6 AP-Access Point or STA-Station. It can interface with a host system-level ASSP or ASIC supporting Wi-Fi 6 MAC and baseband digital operation. It is also the ideal companion chip to premium-tier access point architectures.

Designers who integrate the AP or STA Wi-Fi 6 digital modem functionality on their system-level ASIC or ASSP chip can use the PCS1100 as the RF companion chip supporting the radio operation of Wi-Fi 6. This reduces the risk of RF integration and allows use of advanced process nodes with the highest logic gate density.

"As system-level chips grow in functionality to support advanced AI applications that require Wi-Fi connectivity, they must use advanced process nodes to minimize the chip area, and so using an external RF chip reduces the risk of low yield resulting from failure of an integrated RF radio," said Chief Technology Officer Robert Young of Palma Ceia. "The PCS1100 benefits from the experience and expertise of our RF team, and I expect to see those skills reflected in our subsequent products."

Designers who integrate STA modem functionality can use 1×1, 2×2, 3×3 or 4×4 operational configurations, with each additional incremental configuration providing more data throughput. In each configuration, the radio can operate at 2.4 GHz, 5 GHz or 6 GHz, or simultaneously on two frequency bands subject to a maximum of four spatial streams. Customers who integrate the AP Wi-Fi 6 modem functionality on their system-level ASSP or ASIC can use multiple PCS1100 chips to support as many as 12 spatial streams, eight in 5 GHz or 6 GHz, and four in 2.4 GHz (using three PCS1100s) in both the uplink (UL) and downlink (DL) directions.

The PCS1100 Wi-Fi 6E 4×4:4 transceiver features a robust RF architecture offering key features and performance indicators including:

  • Support for 2.4 GHz, 5 GHz and 6 GHz (5.925–7.125 GHz) frequency bands
  • Up to four spatial streams
  • Support for dual-concurrent operation, allowing simultaneous operation on two frequency bands
  • Excellent receiver sensitivity for reliable connections at longer range
  • Support for 1024-QAM modulation that delivers increased throughput
  • Excellent phase noise and linearity performance to ensure Tx and Rx EVM (Error Vector Magnitude) requirements are met with significant margin
  • Integrated data converters for channel bandwidths up to 80 MHz, with a high-speed SerDes digital interface to the system-level chip; support for 160MHz channels through an analog I/Q interface
  • Integrated digital functionality for calibration, production test and signal path compensation, including an embedded RISC-V processor core

"We are extremely excited about the launch of the PCS1100, the first chip in our family of Wi-Fi-6-based products," said Roy E. Jewell, chief executive officer at Palma Ceia. "The workplace in 2021 can be anywhere we are, and users are increasingly dependent on wireless connectivity. We anticipate a growing demand for the PCS1100 as an RF companion chip as Wi-Fi 6E and use of the 6G spectrum continue to expand."

Availability
The PCS1100 is scheduled to tape out in early Q2 of 2021, with customer samples available in Q3. Contact Palma Ceia SemiDesign via email at info@pcsemi.com for details.

About Palma Ceia SemiDesign
Palma Ceia SemiDesign (PCS) is a fabless semiconductor company and leading provider of communication semiconductors and IP for next-generation Wi-Fi and cellular applications. With a focus on emerging Wi-Fi and LTE standards, particularly for IoT (Internet of Things), PCS targets the design of ICs for broadband, wireless, medical and automotive applications. Palma Ceia SemiDesign solutions are differentiated by low power, high performance and ease of integration. Headquartered in the Cayman Islands, the company has design and sales support centers in Cambridge (United Kingdom), mainland China, China Hong Kong, and McKinney, Texas (United States). PCS is soon expanding to provide direct support for Israel, Japan, Korea and China Taiwan. Visit Palma Ceia SemiDesign on the web at pcsemi.com.

Palma Ceia SemiDesign and the Palma Ceia SemiDesign logo are trademarks of Palma Ceia SemiDesign, a Cayman Islands corporation, and are protected by trademark laws of the United States and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective companies.

Palma Ceia SemiDesign Media Contact
Milan G. Lazich
press@pcsemi.com
+1 650-464-1132

Logo – https://mma.prnasia.com/media2/738312/Palma_Ceia_SemiDesign_Logo.jpg?p=medium600

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PR Newswire

Ridesharing App OBHAI On WhatsApp – A First in Bangladesh

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DHAKA, Bangladesh, Jan. 26, 2021 — OBHAI, the home-grown ride-sharing company of Bangladesh is 1st among its peers to recognize the potential benefits of WhatsApp and its ease of access, which would benefit the user base from all walks of life, with the launch of its services on WhatsApp.

Ridesharing APP OBHAI ON WHATSAPP – A First in Bangladesh
Ridesharing APP OBHAI ON WHATSAPP – A First in Bangladesh

With 1.5 billion monthly active users around the globe, and 22% (around 40 Million) users in Bangladesh, social-media communication giant WhatsApp is being actively used as the primary communication platform in the country.

One can order OBHAI G (car), CNG (three-wheeler) or OBHAI Express (parcel) on WhatsApp. Commuters can save +8801313201222 in their address book as ‘OBHAI WhatsApp’. All one needs to do after that is to type ‘Hi’, following which customers can avail OBHAI’s services on WhatsApp. To book a ride, one just needs to type in the assigned number, click on send, after which users can gear up for a comfortable ride on OBHAI.

"WhatsApp OBHAI booking will help a lot of OBHAI users to simply order an OBHAI Gari, OBHAI CNG, and even order OBHAI Express services in few key strokes," said Anis Ahmed, Startup Founder, and Investor of Obhai Solutions Ltd.

OBHAI WhatsApp can be used by current OBHAI customers seamlessly, and all facilities including refund request, complaints, billing, reviewing ride history, and suggestions will be available within minutes from OBHAI call center representatives.

Furthermore, one can chat live with OBHAI agents for quick solutions. The AI service associated will also be monitored and maintained by the customer care agents of OBHAI.

Besides offering the most sophisticated communication service through WhatsApp, OBHAI will be able to cater to the smartphone users and passengers, taking into consideration those who do not have enough storage on their smartphones, improving their comprehensive lifestyle.

As Bangladesh marches forward towards a more sophisticated digital era, the masses are now more accustomed to having the world at the palm of their hands. As such, frequency of communication via social media platforms, the likes of Facebook, Viber, WhatsApp etc. are increasing significantly. Keeping the need and comfort of the citizens of Bangladesh in mind, OBHAI edged a step ahead and introduced its own WhatsApp service to complement its ride-sharing offerings, and to provide passengers a more personalized experience.

Since its inception in 2018, OBHAI has been providing 24/7 customer care support to its customers in 53 cities in Bangladesh, and to ensure a prompt support and utmost satisfaction, the ride-sharing company aims to deliver on its commitment via the cutting-edge WhatsApp service.

Media Contact:
Arif Mustafa
arif.mustafa@mghgroup.com
+8801754330994

 

Photo – https://mma.prnasia.com/media2/1425812/ridesharing_app_obhai.jpg?p=medium600

PR Newswire

CooTek Announces Entering Into A Combined Financing Package

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SHANGHAI, Jan. 25, 2021 — CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it entered into a combined financing package with YA II PN, Ltd., a Cayman Islands exempt limited partnership managed by Yorkville Advisor Global, LP (the "Purchaser"), including (1) a securities purchase agreement and a convertible note (the "Note") dated January 19, 2021, pursuant to which the Company issued and sold a Note in an aggregate principal amount of US$10.0 million to the Purchaser, and (2) a standby equity distribution agreement (the "SEDA") dated January 22, 2021, pursuant to which the Company would be able to sell up to US$20.0 million of its ADSs solely at the Company’s request any time during the 36 months following the date of the SEDA.

The Note bears interest at a rate of 5% per year, and will mature upon the one-year anniversary of the issuance date, being January 19, 2022 (the "Maturity Date"), unless redeemed or converted in accordance with its terms prior to such date. The principal amount and accrued interest shall be convertible into the Company’s Class A ordinary shares, which may be further converted into American depositary shares of the Company (the "ADSs"). Subject to and upon compliance with the terms of the Note, the Purchaser has the right to convert all or any portion of the outstanding amount under the Note at its option at any time prior to the Maturity Date. The conversion price shall be the lower of (1) US$4.20 per ADS, or (22) 88% of the lowest daily volume weighted average trading price of the Company’s ADSs during the ten consecutive trading days immediately preceding the conversion date or other date of determination, but not lower than the floor price as prescribed in the Note, subject to adjustment from time to time pursuant to the terms and conditions of the Note. The purchaser’s right to convert any portion of the Note or otherwise receive ADSs or Class A ordinary shares thereunder is subject to certain ownership limitations as provided under the Note. Pursuant to the Note, the Purchaser shall not sell such number of ADSs in any calendar month that would result in gross proceeds received by it in excess of the greater of (1) 30% of the dollar trading volume during such calendar month or (2) US$1,700,000, which shall not apply with respect to any sales of the ADSs at prices greater than or equal to US$4.20 per ADS. The Purchaser has also agreed under the securities purchase agreement that it shall not directly or indirectly, engage in any short sales involving the Company’s securities during the period commencing on the date thereof and ending when no convertible note remains outstanding.

Pursuant to the SEDA, the ADSs would be purchased at 90% of the market price, which is defined as the lowest daily volume weighted average price of the Company’s ADSs during the five consecutive trading days commencing on the trading day following the date the Company submits an advance notice to the Purchaser. For each advance notice, the maximum advance amount would be 100% of the average daily value traded of the ADSs during the ten trading days immediately prior to the date of each advance notice, or such other amount as may be agreed by the parties. The purchase would be subject to certain ownership limitations as provided under the SEDA. The Purchaser has agreed that, during the term of the SEDA, neither the Investor nor its affiliates will engage in any short sales or hedging transactions with respect to the Company’s Class A ordinary shares or ADSs.

CooTek intends to use the proceeds from the offering of the Note and the potential offering of the ADSs pursuant to the SEDA for the development of online literature products and for general corporate purposes.

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision. The mission of CooTek is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content and casual games. For details, please visit: https://ir.cootek.com/.

Forward Looking Statements 

This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. CooTek may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about CooTek’s beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but not limited to the following: CooTek’s mission and strategies; future business development, financial conditions and results of operations; the expected growth of the mobile internet industry and mobile advertising industry; the expected growth of mobile advertising; expectations regarding demand for and market acceptance of our products and services; competition in mobile application and advertising industry; relevant government policies and regulations relating to the industry and the development and impacts of COVID-19. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and CooTek does not undertake any obligation to update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes, except as required under applicable laws. Investors should not place undue reliance on forward-looking statements.

For investor enquiries, please contact:

CooTek (Cayman) Inc.
Mr. Robert Yi Cui
Email: IR@cootek.com   

ICA (Institutional Capital Advisory)
Mr. Kevin Yang
Phone: +86-021-8028-6033
E-mail: cootek@icaasia.com

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https://ir.cootek.com/

PR Newswire

uCloudlink and Vision Inc. Power Japan’s Digital Reform with Enhanced Connectivity Services

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HONG KONG, Jan. 25, 2021 — UCLOUDLINK GROUP INC. ("uCloudlink") (NASDAQ: UCL), the world’s first and leading mobile data traffic sharing marketplace, and Vision Inc.("Vision"), a Japan-based public company principally engaged in the global Wi-Fi business, have strengthened their partnership to enable more users to enjoy superior mobile data connectivity. Vision will now integrate network resources into its existing data services using uCloudlink’s PaaS and SaaS platform, in order to improve resource management and user experience.

uCloudlink and Vision entered a strategic partnership in 2017, with Vision’s leveraging uCloudlink’s terminal Wi-Fi devices and associated data services to provide reliable, cost-effective mobile data connectivity for its businesses and end-users across Japan. As the nation seeks to restructure and reform its regulations to build a digital society, Vision and uCloudlink will support this transformation with enhanced telecommunications services powered by uCloudlink’s Cloud SIM technology.

uCloudlink’s Cloud SIM technology supports a massive number of terminals and users by intelligently choosing the best-performing network in domestic and international markets. uCloudlink’s PaaS and SaaS platform is ideal for business partners that have their own business operation, such as mobile virtual network operators (MVNOs) and mobile network operators (MNOs) and portable Wi-Fi rental companies, etc. Further, such platform is also ideal for business partners that require a full suite of solutions including customer management and billing, data package design and sales, traffic supply and demand analysis, and multiple payment methods.

By leveraging uCloudlink’s PaaS and SaaS platform on top of its existing cooperation, Vision will be able to provide stable, fast and reliable mobile data connectivity to even more businesses and end-users in Japan, with the potential to expand its offering to other countries and regions globally. In addition to providing a superior user’s experience, this enhanced connectivity is an important enabler as Japan continues its pursuit of regulatory reform geared to digitalization.

As one of Japan’s leading information and communications providers, Vision offers a variety of telecommunication services, including fixed-line telecom, wireless telecom and Wi-Fi services. The company operates in two segments: its Global Wi-Fi segment, which is engaged in the rental of mobile Wi-Fi routers in Japan and overseas; and the Information and Communication Services segment, which is engaged in the fixed communication services business, the sale of mobile communication equipment and office automation equipment, and the creation of homepages. Vision Inc has harnessed uCloudlink’s terminal equipment and data services to provide its users with a superior data connectivity experience.

This expanded partnership is an important step in uCloudlink’s business development efforts in Japanese market. Over the years, uCloudlink has established various strategic alliances with the nation’s leading mobile network providers as part of its local business expansion. uCloudlink is dedicated to assisting MNOs and MVNOs and business partners to improve coverage and service quality and elevating their users’ experience during the 5G era.

About UCLOUDLINK GROUP INC.

uCloudlink is the world’s first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company’s products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative CloudSIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

PR Newswire

New Zealand team creates world-first innovation in the fight against Coronavirus

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AUCKLAND, New Zealand, Jan. 23, 2021 — Datamine, a New Zealand based AI company, has created ëlarm: a personal early warning indicator for viral infection, including Coronavirus. The ëlarm system overcomes what is arguably our greatest obstacle – viral spread by asymptomatic people who do not know they are infectious. By developing personal baselines of biometric data from smartphones and other wearables (such as Fitbit, Apple Watch and Samsung), ëlarm detects changes to those individual baselines that fit COVID-19 patterns – changes that occur as the body begins fighting viral infection.

"With ëlarm, you can know you’re sick before you feel sick," says ëlarm CEO and founding director of Datamine, Paul O’Connor.

Operating in New Zealand since June 2020, the ëlarm system has been developed to detect Coronavirus cases up to three days before people know they have the lethal virus."Based on our New Zealand success and the extensive data we’ve gathered from clinicians around the world, ëlarm is an accurate predictor of viral symptoms," Mr O’Connor says.

For more information: https://elarm.health/

While ëlarm is not a test and does not provide medical advice, the system alerts users to biometric changes that indicate viral infection and provides relevant World Health Organisation and CDC guidelines. This enables people to proactively get tested and self-isolate before any symptoms appear. This helps prevent the spread of viral infection to loved ones, communities, and workmates.

As opposed to developing technology based on specific smartwatches, ëlarm is ‘device agnostic.’ As a software service, ëlarm can use data from a growing list of wearable devices, and is available worldwide.

"When Covid-19 emerged, we had already created a vault where personal health and wearables data is safely stored and analyzed. We saw that we had the expertise and technology to make a substantial contribution in the fight against Coronavirus," Mr O’Connor explains. "With new Coronavirus strains and possible further mutations, the urgency is to slow the spread of the virus through our global population until a vaccine is available." 

Professor Michael Baker, one of New Zealand’s leading epidemiologists, says there are many useful applications for this technology. "It’s very encouraging that New Zealand is producing exciting innovations of new surveillance tools for tracking people who are potentially infected by Coronavirus and other infectious agents." 

ëlarm is available via the Apple Store and Google Play at www.elarm.health

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https://elarm.health/