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PR Newswire

Yiwugo Development Conference and 2020 Yiwugo Top 10 Vendors Award Ceremony was Successfully Held

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YIWU, China, Jan. 23, 2021 — Yiwugo.com, the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world, held the Yiwugo Development Conference & the 2020 Yiwugo Top 10 Vendors Award Ceremony on the afternoon of January 21 at Yiwu Marriott Hotel. Representatives at the conference discussed the paths of the transformation and upgrading of the physical wholesale market.

2020 Yiwugo Top 10 Vendors
2020 Yiwugo Top 10 Vendors

Top 10 Vendors are awarded, contributing to the development of their own brands

The Yiwugo Top 10 Vendors Award, which has been held for the 9th consecutive year, provided a platform for vendors in the Yiwu market to develop their own brands. Ten enterprises including Zhang Weichao Socks Firm, Beicheng Stationery Firm, Bole Stationery Firm, Shifeng Socks Firm, DuoAi Toy Firm, Yiwu Hanfan Ribbon Co., Ltd., Yiwu Mingcan Knitting Co., Ltd., XUPING JEWELRY, Yiwu Aishang Daily Necessities Factory, and Jinhua Lvkang Plastics Factory won the honorary title of "2020 Yiwugo Top 10 Vendors". This year the award of "Top 10 Broadcasters" was also launched for live-stream broadcasters. Zhang Weichao Socks Firm, which ranked first in the "Top 10 Vendors", was also the top winner of the "Top 10 Broadcasters".

Wholesale trade needs more flexible trading modes faced with the continuous shortening of the circulation chain

With the broader use of digital technology in the industry, the information flow and logistics have accelerated and shortened the commodity circulation chains to some extent. From the multi-level consumption and circulation chain featuring "manufacturer -> multi-level wholesaler -> retailer -> final consumer" in the past, to the emerging consumption model of "manufacturer -> final consumer", wholesale business requires more flexible trading methods. Faced with these changes, representatives at the conference and vendors participating in the conference learned about the new concepts brought by the "new wholesale modes" such as "online development of the offline market", "shortening the circulation chain", and "reshaping the trading scenarios", and explored how to improve business models and processes to keep up with the development of the time and seek further and better development.

Yiwugo has tried to launch cloud warehousing services to empower vendors as they enter a new era of wholesale

Faced with more flexible trading modes, vendors need more support and assistance to effectively transform their business models. Yiwugo has tried to adopt the Internet + warehousing intelligent management model to provide vendors with services of better quality at lower cost including warehousing management, drop-shipping, logistics transportation, and express delivery in response to the pain points facing vendors after receiving small retailing orders. By providing these services, Yiwugo helps more vendors accelerate the transition to a more flexible trading model, thus benefiting from the development.

PR Newswire

Flipclutch Research: The wave of 5G+AR technology is coming, WIMI increases investment in AR product applications

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HONG KONG, Jan. 22, 2021 — The "first year of 5G" in 2020 has brought about a boom in VR and AR in the capital and the entire application market. According to the "VR/AR Industry Report for the First Half of 2020", AR (augmented reality) related financing in the first half of 2020 is more than three times higher than VR, reaching 5.51 billion yuan, and they mainly concentrated in AR hardware, underlying related technologies, and application layer.

AR stands for augmented reality, is a technology that calculates the position and angle of the camera image in real-time, and adds corresponding images, videos, and 3D models.In the future, the TV in the living room, the central control screen in the car, and even a thermometer and hygrometer will not need to be physically present. Instead, users can see it through AR glasses. When users can virtualize a giant screen in front of their eyes at any time, users will not need to worry about whether should buy a 5.4-inch or 6.7-inch phone.

In the process of AR popularization, 5G plays an important role. 5G+AR has become the new frontier of science and technology, and AR content applications developed around 5G have gradually increased. Meanwhile, they have been promoted to consumers, and have received positive feedback from the market.

Holographic AR is full of science fiction elements. In the future, with the application development of AR equipment and the assistance of 5G, the product introduction period of AR technology is bound to usher in rapid growth.

WIMI Hologram Cloudutilizes its strong technical capabilities and infrastructure to provide excellent products and services. WIMI’s core business is holographic AR technology for software engineering, media manufacturing services, as well as cloud and big data.

WIMI is a holographic cloud comprehensive technical solution provider. 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, as well as 5G Hologram communication software development. WIMI’s commercial application scenarios are mainly concentrated on five professional fields, including home entertainment, light field theater, performing arts system, commercial publishing system, and advertising display system.

AR has a very large market. Digi-Capital predicts that by 2021, the global VR/AR market will reach 108 billion U.S. dollars. In the meantime, mobile AR will become the main driving force for the growth, and the AR market will reach 83 billion U.S. dollars.

As a holographic AR company listed on NASDAQ, WIMI Hologram Cloud is also committed to exploring the application fields of holographic AR. Moreover, it 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.

With the continuous emergence of holographic products from various technology companies, WIMI is also constantly conducting research on cutting-edge holographic AR technology and disruptive technological innovation. It is reported that WIMI has officially announced the establishment of the "Holographic Academy of Science" and the launch of the "Scientist Funding Program" to focus on scientific research and support technological entrepreneurship.

The holographic technology of WIMI, in simple terms, is through AR holographic technology, allowing viewers to watch the true restoration of holographic characters or scenes with the naked eye. The simulation degree is as high as 98%, and the user experience can be described as breathtaking.

WIMI has established a comprehensive holographic AR content library. The format of holographic AR content covers from 3D models to holographic short videos. As of December 31, 2018, there are a total of 4654 ready-to-use AR holographic content, which can be used for WIMI’s holographic AR products and solutions, covering a wide range.In addition, WIMI’s content library is enriched with copyrighted content licensed from third parties. WIMI also cooperates with various content owners, including brand owners, film producers, and talent agents, to transform high-quality IP into AR.

WIMI is committed to providing content value-added services for the large entertainment industry based on visual technology, creating a large entertainment image ecosystem from the four aspects of "technology", "data", "marketing" and "layout", and empowering the content industry with artificial intelligence technology.

VR/AR is one of the most anticipated application scenarios in the 5G era. In response to the integration of the development of 5G and augmented reality, China issued the "Notice on Promoting the Accelerated Development of 5G", requiring the further promotion of 5G+VR/AR and other applications to promote new consumption. Driven by policies, it is expected that 5G+AR in China will develop faster, laying an important foundation for the accelerated growth of the augmented reality market.WIMI will also follow the trend of AR development and grasp these business opportunities brought by AR.

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

PR Newswire

Gridsum Holding Inc. to Hold Extraordinary General Meeting of Shareholders

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BEIJING, Jan. 22, 2021 — Gridsum Holding Inc. ("Gridsum" or the "Company") (NASDAQ:GSUM), a leading provider of cloud-based big-data analytics and artificial intelligence ("AI") solutions in China, today announced it has called an extraordinary general meeting of shareholders (the "EGM"), to be held on February 22, 2021 at 10:00 a.m. (Beijing time), at Gridsum, South Wing, High Technology Building, No. 229 North 4th Ring Road, Haidian District, Beijing 100083, People’s Republic of China, to consider and vote upon, among other things, the proposal to authorize and approve the previously announced agreement and plan of merger, dated September 30, 2020 (the "Merger Agreement"), among the Company, Gridsum Corporation, an exempted company with limited liability incorporated under the laws of the Cayman Islands ("Parent"), and Gridsum Growth Inc., an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"), the plan of merger (the "Plan of Merger") required to be filed with the Registrar of Companies of the Cayman Islands in connection with the Merger (as defined below), and the transactions contemplated by the Merger Agreement and the Plan of Merger, including the Merger.

Pursuant to the Merger Agreement and the Plan of Merger, at the effective time of the Merger, Merger Sub will merge with and into the Company, with the Company continuing as the surviving company and becoming a wholly-owned subsidiary of Parent (the "Merger"). If the Merger is completed, the Company will become a privately-held company, and, as a result of the Merger, the Company’s American depositary shares ("ADSs"), each representing one class B ordinary share of the Company, par value US$ 0.001 per share (the "Class B Ordinary Shares"), will no longer be listed on the NASDAQ Global Select Market and the Company’s American depositary shares program will terminate. In addition, the ADSs and the Class B Ordinary Shares represented by the ADSs will cease to be registered under Section 12 of the Securities Exchange Act of 1934 following the completion of the Merger.

The Company’s board of directors (the "Board"), acting upon the unanimous recommendation of a special committee of Board, composed solely of directors who are unaffiliated with any person participating as a buyer or rollover securityholder in the Merger or any member of the management of the Company, authorized and approved the execution, delivery and performance of the Merger Agreement, the Plan of Merger, and the consummation of the transactions contemplated thereby, including the Merger, and resolved to recommend that the Company’s Shareholders vote FOR, among other things, the proposal to authorize and approve the Merger Agreement, the Plan of Merger and the consummation of the transactions contemplated thereby, including the Merger.

Shareholders of record at the close of business in the Cayman Islands on February 8, 2021 are entitled to attend and vote at the EGM or any adjournment thereof. ADS holders as of the close of business in New York City on January 27, 2021 will be entitled to instruct Citibank, N.A., the ADS depositary, to vote the Class B Ordinary Shares represented by the ADSs at the EGM.

Additional information regarding the EGM and the Merger Agreement can be found in the transaction statement on Schedule 13E-3 and the definitive proxy statement attached as Exhibit (a)-(1) thereto, as amended, filed with the U.S. Securities and Exchange Commission (the "SEC"), which can be obtained, along with other filings containing information about the Company, the proposed Merger and related matters, without charge, from the SEC’s website (www.sec.gov), or at the SEC’s Public Reference Room at 100 F Street NE, Washington, D.C. 20549. In addition, copies of these documents can also be obtained, without charge, by contacting Eric Yuan, at +86-10-5900-1548 or by email at Eyuan@christensenir.com, or by contacting Mr. Tip Fleming, at +1 917 412 3333 or by email at tfleming@christensenir.com.

SHAREHOLDERS AND ADS HOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THESE MATERIALS AND OTHER MATERIALS FILED WITH OR FURNISHED TO THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE PROPOSED MERGER AND RELATED MATTERS.

The Company and certain of its directors and officers may, under SEC rules, be deemed to be "participants" in the solicitation of proxies from the Company’s shareholders with respect to the proposed Merger. Further information regarding persons who may be deemed participants, including any direct or indirect interests they may have, is set forth in the definitive proxy statement relating to the Merger.

This announcement is for information purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any securities or a solicitation of any proxy, vote or approval with respect to the proposed transaction or otherwise, nor shall it be a substitute for any proxy statement or other filings that have been or will be made with the SEC.

About Gridsum

Gridsum Holding Inc. (NASDAQ: GSUM) is a leading provider of cloud-based big-data analytics and AI solutions for multinational and domestic enterprises and government agencies in China. Gridsum’s core technology, the Gridsum Big Data Platform and the Gridsum Prophet: Enterprise AI Engine, is built on a distributed computing framework and performs real-time multi-dimensional correlation analysis of both structured and unstructured data. This enables Gridsum’s customers to identify complex relationships within their data and gain new insights that help them make better business decisions. The Company is named "Gridsum" to symbolize the combination of distributed computing (Grid) and analytics (sum). As a digital intelligence pioneer, the Company’s mission is to help enterprises and government organizations in China use data in new and powerful ways to make better-informed decisions and be more productive.

For more information, please visit http://www.gridsum.com/.

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "may," "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to" and similar statements. Forward-looking statements involve inherent risks and uncertainties. Many factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the substantial doubt about the Company’s ability to continue as a going concern, duration and impact of the COVID-19 pandemically, uncertainties as to how the Company’s shareholders will vote at the extraordinary general meeting in connection with the Merger, the possibility that competing offers will be made, the possibility that financing for the Merger may not be available, the possibility that various closing conditions for the Merger may not be satisfied or waived, and other risks and uncertainties discussed in documents filed with the U.S. Securities and Exchange Commission by the Company. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and Gridsum undertakes no duty to update such information except as required under applicable law.

Investor Relations

Gridsum
ir@gridsum.com

Christensen

In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
Email: Eyuan@christensenir.com

In U.S. 
Mr. Tip Fleming 
Phone: +1 917 412 3333 
Email: tfleming@christensenir.com

Related Links :

http://www.gridsum.com

PR Newswire

Tuya Started the Year with the AI+IoT Business Conference Sharing IoT Insights in Italy and Europe

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DÜSSELDORF, Germany, Jan. 22, 2021 — The year 2021 started directly with the AI+IoT Business Conference Europe, organized by Tuya Smart, a leading IoT development platform. Instead of a one-day event, it is divided into 10 special events, each with a regional focus. The conference kicked off with Italy on January 19, 2021. With the theme "Italy – Game Breaker for Smart Lighting", it provides outlook and insight into the Italian smart lighting market by the Italian industry leaders.

Inside homes, color lights are emerging as a component of wellness connected to the concept of "human central lighting" defined by the European lighting manufacturers associations. The application fields are small systems, composed of less than 100 units, installed in homes and small commercial environments and offices.

While seeing the increased demand for smart lighting, many companies detect the Italian market as one of the most important markets. For example, for Tuya Smart, Italy is in the top 3 in activation and activated devices in Europe, based on the Tuya platform’s data. During the last couple of years, the IoT sector’s market value has been experiencing steady growth in Italy.

AI+IoT Business Conference — TED-Style Tour Events (Europe | Online) Italy
AI+IoT Business Conference — TED-Style Tour Events (Europe | Online) Italy

IoT Air Sanitizers

Since the advent of COVID-19, Beghelli Group has recently added a family of air sanitizers specifically designed to fight the virus and reduce the spread of the infection. Many models integrate IoT devices based on Wi-Fi communication capability to enable their remote control.

The SanificaAria air sterilizers are special devices using ultraviolet light, which is confined inside the devices, with no possible harm for the users, for the ambient air’s disinfection. The air is conveyed into the disinfection chamber by some fans. All microorganisms are deactivated by the UVC light at 254nm. Each SanificaAria device is Wi-Fi connected by a Tuya radio module to enable its remote control through the IoT platform’s functions.

Lighting as Part of a Complete Ecosystem Solution

Emanuele Monti, Vice General Manager of Kon.El.Co. S.p.A., who has launched the smart home product line "HeySmart" in 2018, detects lighting as a core part of a complete solution, next to video-surveillance and automation. A solution comprehensive of a well-defined and complete ecosystem for the end-user. To do so, the benefit lies in combining different brands of the own-brand family. Now offering almost 50 products, such as cameras, lighting devices such as led strips, and all kinds of bulbs, offer smart plugs, smart multi-plugs, and IR controllers in the automation sector.

And the demand in the smart home category is constantly increasing, despite the COVID-19 pandemic. Monti certainly declared that 2020 had been the year in which the HeySmart project has established its position in the market, reaching today over 40,000 registered devices within the App. More than 30,000 only during this year, which are very significant numbers. About 30,000 devices are constantly connected and active. But the smart home market in Italy is just at its beginning, as Monti projected a growth curve, from now to the end of 2021, to reach over 70,000 devices in the market, actively and constantly connected.

For more information: https://www.tuya.com/event/abc/eur 

About Tuya Smart

Tuya Smart is a leading global IoT development platform with a unique, all-in-one offering of cloud + connectivity + app that makes it easy and affordable for brands, retailers, and OEMs to make their products smart. Tuya’s platform has smart-enabled more than 200,000 products in hundreds of categories worldwide, serving over 230,000 developers globally. Tuya is internationally operated with headquarters in the U.S., Germany, India, Japan, Colombia, and China.

PR Newswire

Baidu to Hold Extraordinary General Meeting on March 1, 2021

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BEIJING, Jan. 22, 2021 — Baidu, Inc. (Nasdaq: BIDU) ("Baidu" or the "Company"), a leading Internet platform and AI company, today announced that it will hold an extraordinary general meeting of shareholders (the "EGM") at 11:00 a.m. on March 1, 2021 (Beijing time) at the address of No. 10 Shangdi 10th Street, Haidian District, Beijing, the People’s Republic of China.

A proposal of changing the Company’s authorized share capital by one-to-eighty subdivision of shares ("Share Subdivision") will be submitted to Baidu’s shareholders to be considered and voted upon at the EGM. Subject to the approval of the Share Subdivision at the EGM, Baidu’s board of directors (the "Board") has approved a change in the American depositary share ("ADS") ratio proportionate to the Share Subdivision from ten (10) ADSs representing one (1) Class A ordinary share to one (1) ADS representing eight (8) Class A ordinary shares (the "ADS Ratio Change"), to take effect on March 1, 2021. For Baidu’s ADS holders, the percentage interest in the Company represented by each ADS will not be altered, and the impact on the Company’s per-ADS trading price on Nasdaq is neutral. Holders of ADSs need not take any action in regards to the ADS Ratio Change.

The Board has fixed the close of business on January 28, 2021 (Eastern Standard Time) as the record date (the "Record Date") for determining the shareholders entitled to receive notice of, and to attend, the EGM or any adjourned or postponed meeting thereof. Holders of record of the Company’s Class A or Class B ordinary shares, par value US$0.00005 per share, at the close of business on the Record Date are entitled to notice of, and to vote at, the EGM or any adjournment or postponement thereof. Holders of the Company’s ADSs who wish to exercise their voting rights for the underlying Class A ordinary shares must act through the depositary of the Company’s ADS program, The Bank of New York Mellon (the "Depositary"). The notice of the EGM, which sets forth the resolutions to be submitted to shareholder approval at the meeting, is available on the Company’s website at http://ir.baidu.com.  

About Baidu

Baidu, Inc. is a leading search engine, knowledge-and-information centered Internet platform and AI company. The Company’s mission is to make the complicated world simpler through technology. Baidu’s ADSs trade on the NASDAQ Global Select Market under the symbol "BIDU". Currently, ten ADSs represent one Class A ordinary share.

Contacts

Investors Relations, Baidu, Inc.
Tel: +86-10-5992-8888
Email: ir@baidu.com

Related Links :

http://www.baidu.com

PR Newswire

FirstString – The Recruitment App Built By HokuApps Helping Job Seekers During COVID-19

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FirstString Specializes in Connecting Life Science Professionals with Top-Tier Companies

ATHENS, Ga., Jan. 22, 2021 — In an effort to overcome the new challenges to the corporate and hospital hiring process due to the COVID-19 pandemic, Singapore’s leading app company, HokuApps, has developed and deployed an innovative app for Georgia-based recruitment firm, Career Crafters, LLC. Since its launch, the app, FirstString, has proven to be an essential tool for Career Crafters – and an opportunity to maintain a human connection in a rapidly-distancing world. Career Crafters’ FirstString mobile employment app connects selected high-performing Pharmaceutical and Biotech commercial individuals to top-tier Health Science companies. It also provides a critical need during the pandemic of connecting hospitals to residents and other healthcare professionals who are looking for their first job to help an already overburdened healthcare system. The app is designed to take away bias and adds transparency to the job search process by allowing individuals the opportunity to provide a video resume and tell their own story of success and accomplishment.

FirstString was engineered to serve as a complementary tool for corporate HR and Talent Acquisition teams. It provides confidential portal access to two types of candidates: those that have been professionally sourced and screened, and those that have appropriate experience and documentable performance. FirstString provides this premium service at a fraction of the cost of a traditional recruiter with an absolute guarantee for every placement.

One of the key aspects of FirstString for job seekers is the fact that it’s one of the only career connection platforms which is completely confidential – employers can only see a profile if they receive permission from the job seeker. So, this enables job seekers to search for a new job while employed in complete security. Interviews with potential employers can be easily scheduled through the app and job offers are sent directly in real-time. Additionally, it offers valuable resources to job seekers such as professional interview coaching, the option to upload video recommendations from previous customers and employers, and in-app resume assistance to help stand out from the crowd. FirstString is also the first platform to offer secure storage of your professional portfolio, including your Bragg Book, licensing, and video references to be easily accessed by future employers.

For recruiters, it provides a confidential portal with features such as the ability to securely import candidates, post-screening notes of vetted candidates for employers, and easy tracking of candidate interviews with instant alerts when they are scheduled along with progress reports at every step of the hiring process. All of these assets are provided without a contract with the employer.

"HokuApps has been great to work with", said Barry Jones, Founder of FirstString. "All of our goals and functionalities were combined into an efficient and also great-looking app. Along the way, they suggested some features that we hadn’t thought about ourselves. We highly recommend them for anyone’s mobile development needs."

"FirstString makes job searching much simpler and also discreet for the high-level life science professionals", said Nand Kapoor, Director of HokuApps, LLC. "But it is much more than just a job search board. FirstString approached us with the plan to create a comprehensive career advancement tool with features such as resume assistance, interview coaching, and even career path validation services."

About HokuApps

HokuApps helps businesses to turn their business ideas into elegant mobile applications at an incredible speed. HokuApps develops the most technologically advanced and secure omnichannel applications, with an excellent user experience, empower employees with actionable insights wherever they are and whenever they need it. It helps seamlessly connect to anything and everything, build an app once, and deploy on all the platforms.

PR Newswire

Pasternack Unveils New Line of Bi-Directional Amplifiers

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Amplifier Models Cover Popular VHF/UHF, L, S and C Frequency Bands

IRVINE, Calif., Jan. 22, 2021 — Pasternack, an Infinite Electronics brand and a leading provider of RF, microwave and millimeter wave products, has just released a new line of bi-directional amplifiers that are used to transmit high-quality signals while amplifying Rx signals with advanced LNA to produce the highest possible data rates. 


 

Pasternack has added four new models to its existing line of bi-directional amplifiers, making a total of six different models now available. This portfolio consists of a comprehensive offering covering popular VHF/UHF, L, S, C and broadband RF frequency bands that range from 0.225 MHz to 5.875 MHz. These rugged, mil-grade designs are in compact, environmentally-sealed, SMA-connectorized packages and feature either quick-connect or D-SUB connectors for DC and control functions.

The designs in this line offer sensitive receiver performance with 2.5 dB noise figures. Some also incorporate highly efficient GaN semiconductor technology. Transmit (Tx) output Psat levels range from 8 to 20 Watts that boost performance of data links and transmitters. These models feature manual or auto-sensing transmit/receive (T/R) control with fast switching times of 1-2 µsec.

"Pasternack’s new selection of bi-directional amplifiers offers higher frequency capability and GaN technology with higher efficiency, which is ideal for broadband RF telemetry, tactical communication and unmanned aerial vehicle applications," said Tim Galla, Product Line Manager.

Pasternack’s bi-directional amplifiers are all in-stock and available for immediate shipping with no minimum order quantity (MOQ) required.

For inquiries, Pasternack can be contacted at +1-949-261-1920.

About Pasternack:

A leader in RF products since 1972, Pasternack is an ISO 9001:2015 certified manufacturer and supplier offering the industry’s largest selection of active and passive RF, microwave, and millimeter wave products available for same-day shipping. Pasternack is an Infinite Electronics brand.

About Infinite Electronics:

Based in Irvine, Calif., Infinite Electronics offers a broad range of components, assemblies, and wired/wireless connectivity solutions, serving the aerospace/defense, industrial, government, consumer electronics, instrumentation, medical and telecommunications markets. Infinite’s brands include Pasternack, Fairview Microwave, L-com, MilesTek, Aiconics, KP Performance Antennas, PolyPhaser, Transtector, RadioWaves, ShowMeCables, INC Installs and Integra Optics. Infinite Electronics serves a global engineering customer base with deep technical expertise and support, with one of the broadest inventories of products available for immediate shipment.

Press Contact:

Peter McNeil

Pasternack

17792 Fitch

Irvine, Calif. 92614

(978) 682-6936

Logo – https://techent.tv/wp-content/uploads/2021/01/pasternack-unveils-new-line-of-bi-directional-amplifiers-2.jpg
Photo – https://techent.tv/wp-content/uploads/2021/01/pasternack-unveils-new-line-of-bi-directional-amplifiers.jpg

PR Newswire

Flipclutch Research: WIMI’s Dr. Yang on Opportunities and challenges of Extended Reality (XR)

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HONG KONG, Jan. 21, 2021 — Flipclutch Research, a market research organization in Hong Kong, recently released a research report on ‘Opportunities and challenges of Extended Reality (XR)’. This report comes from the scientific research paper of Dr. Yang of WIMI Hologram Cloud, which explains the development and application of holography in detail and provides us with valuable information. The below is excerpted from the report:

In recent years, virtual reality (VR), mixed reality (MR), and augmented reality (AR) have attracted great attention in academia and industry. The industry also refers to these three technologies collectively Extended Reality (XR). Among them, VR provides a revolutionary next-generation immersive entertainment interaction method, while MR and AR have great hopes to enable users to get rid of a single smartphone screen and enhance the user’s visual experience. Essentially, VR, MR, and AR are all results of mixing digital content with reality, and the difference lies in the ratio of mixing with reality. Both MR and AR need to be implemented in the real environment around the user. Among them, AR pays more attention to the elements of the real world, while the virtual elements in MR play a leading role. Therefore, AR and MR glasses and wearable devices do not need to completely isolate the external world, but only need to cover the digital content part of the user’s current perspective. In order to make the user feel real, AR and MR need to build a 3D model of the environment, and then, integrate the virtual elements and put it in a suitable position to prevent occlusion.In contrast, VR is a 100% virtual simulation experience. It is a virtual world in a three-dimensional space created by computer technology. VR uses a head-mounted display (HMD) to completely cover the user’s field of view (FoV), and then,changes in the content played on the screen are fed back to the user’s eye and head movements accordingly.

AR based on scene understanding is currently the most widely used and most promising form of AR presentation. The Pokemon Go mobile game launched by Nintendo in 2016 uses AR technology. Players can find the sprites in the real environment through the mobile phone screen, and then capture or fight. Since AR essentially superimposes virtual things on the real world, object recognition and scene understanding play a vital role in AR applications, which are directly related to the sense of reality of the final presentation.

MR relies on the powerful 3D rendering capabilities and interactive perception capabilities of HMD to realize the fusion of holographic images and real life. In medical applications, 3D organ images can directly help doctors communicate with patients and show the location and treatment methods of the lesion. In architectural planning, designers can visualize various design inspirations in the real world, display architectural styles and deployments, and better facilitate commercial cooperation. Currently, the more mature devices for MR applications are Hololens launched by Microsoft and Magic Leap One launched by Magic Leap.

Compared with AR and MR, VR has received more attention and popularization due to its revolutionary interactive methods, applications such as VR sports live broadcast/large-scale event live broadcast, VR travel, real estate video on demand/live broadcast, UGC (user-generated content) VR game on demand/live broadcast, VR conference, and VR live broadcast, have been widely used and promoted. It is predicted that by 2025, the VR application market will reach 30 billion US dollars. Recently, IT companies including Apple, Google, Facebook, and YouTube have also deployed the VR market. As the most popular VR application at present, VR video uses 360-degree video to construct a three-dimensional virtual world in HMD, relying on strong immersion, interaction, imagination, and other features that bring people a revolutionary visual interactive experience. However, this kind of new experience requires higher transmission bandwidth, higher video bitrate, and lower latency.

1. The main challenges currently facing XR
1.1 Content production
1.2 GPU/CPU processing power
2. Network transmission capacity
2.1 Meeting mobility needs of wireless networks
2.2 High data rate and low latency requirements
3. Possible technological breakthrough points in the future
3.1 Highly integrated display device (HMD)
3.2 Content rendering and production based on computer graphics technology
3.3 XR content transmission based on D2D communication
3.4 XR content transmission based on the cache transcoding mechanism of 5G mobile-edge computing

What is XR?

Augmented reality (AR). It is a technology that computes the position and Angle of the camera image in real time and adds corresponding images, videos and 3D models. The goal of this technology is to embed the virtual world on the screen and interact with the real world. As the CPU computing power of portable electronic products improves, the use of augmented reality will be more and more extensive.

Extended Reality (XR) is a term for the use of computer technology and wearable devices to produce a combination of real and virtual, human-computer interactive environment. The expansion includes augmented reality (AR), virtual reality (VR), mixed reality (MR) and many other forms. In other words, to avoid confusion, XR is a generic term that includes VR, AR, and MR. The XR points are divided into multiple levels. From a virtual world with wired sensor input, to a full virtual world.

Features of 5G, such as high transmission and low delay, can enrich XR application scenarios. The large bandwidth characteristic of 5G network can meet the development demand of XR. 5G overlay edge computing brings low latency and transfers the computing power needed for local rendering to the cloud.

XR(extended reality), including VR(virtual reality), AR(augmented reality), MR(mixed reality) and so on, is expected to be one of the killer applications in the 5G era due to its ability to provide users with more immersive experience. Nowadays, with the maturity of 5G technology and large-scale commercial use, various XR applications are also attracting much attention.

Recently, Weimy Holographic released a hybrid reality (" MR ") head-mounted display (" Head display ") new product, "Holographic Soft Light Cinema", to further expand the company’s holographic product portfolio matrix. This headset, which focuses on audio and video entertainment, brings a more immersive experience with a bigger screen, more comfortable seats and a better sense of immersion.

As an ecological service provider for 5G applications, Weimei Hologram focuses on computer vision holographic cloud services. Its product layout business application scenes are mainly concentrated in five professional fields, including home entertainment, light field cinema, performance performance system, commercial release system and advertising display system. Based on the imaging detection and recognition technology, template matching and detection technology, video processing and recognition technology, holographic 3D layer replacement technology in imaging recognition and dynamic fusion processing technology in imaging tracking, Weimai embed holographic AR advertisements into online videos. It is hoped that these technologies will be applied to the company’s future strategic blueprint, such as the development and application of holographic 3D face recognition technology and holographic face change technology.

The integrated holographic application platform independently developed by Weimei research and development team includes holographic audio-visual integrated operation, holographic advertising service, holographic media asset management and platform-level holographic data management and holographic interaction system, holographic recognition system, holographic label system, holographic tracking system, holographic capture system and holographic analysis system.

Compared with its domestic counterparts, Wimi. US has established a comprehensive holographic AR content library, and the format of holographic AR content covers from 3D models to holographic short videos. As of December 31, 2018, there are 4,654 ready-to-use AR holographic content available for Micromidea holographic AR products and solutions covering a wide range of categories, including animals, cartoon characters, vehicles and food. Of these, 2,961 were used for educational scenes, 851 for tourism, 739 for arts and entertainment, and 103 for science popularization. In addition, Weimie’s content library is enriched with copyrighted content licensed from third parties. Weimy works with a variety of content owners, including brands, film producers and talent agents, to transform high-quality IP into AR.

XR as the next generation mobile computing platform

As the next generation mobile computing platform, the XR is promoting the convergence of the real and digital worlds, thus revolutionizing the way we work, live, learn and play.

With the support of 5G connection with high speed and low time delay, people can put XR rendering and other tasks on the terminal side and the cloud for distributed processing, and make full use of the advantages of terminal and cloud, so that users can experience XR experience with realistic visual effect on thin and lightweight devices. In addition,AI can also provide support for a variety of perception algorithms needed for spatial computing, further enhancing people’s immersive experience on XR devices.

In the past, people used to play games, watch live shows, watch movies and TV shows, etc. on XR devices, that is, they focused on individual users’ usage scenarios. With the continuous progress of technology,XR can also be widely used in equipment fault detection/maintenance, online education, holographic conferencing and many other scenarios, with great development potential. According to Weimei holographic prospectus, with the change of 5G holographic communication network bandwidth conditions, 5G holographic application market will explode. Holographic interactive entertainment, holographic conference, holographic conference and other high-end applications will gradually popularize holographic social networking, holographic communication, holographic navigation, holographic family applications and other directions. Weimei holographic cloud plan is based on the holographic AI face recognition technology and the holographic AI face change technology as the core technology, with a number of technical innovation system to support the holographic cloud platform service and 5G communication holographic application.

Virtual reality industry in China should accelerate technological breakthroughs, accelerate the content innovation, enhance the user experience ascension, also want to consolidate 5 g, gigabit fiber broadband, cloud computing, artificial intelligence and other new digital infrastructure base, to get through upstream and downstream industry standards, to form closer collaboration, allowing XR real service in people’s life, in the service of one thousand lines of all sectors. In the national 5G related policy promotion, XR will finally usher in the breakthrough point of development. With the penetration of 5G and XR technologies into the work flows of enterprises and institutions at all levels, THE XR in the 5G era is bound to be a trillion market.

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

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PR Newswire

Wondershare Rolls out EdrawMax 10.5 with New Diagram Features and Compatibility Upgrades

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Wondershare EdrawMax allows users to create diagrams freely and efficiently, whether they are engineers, product managers, sales managers, educators, HR, or consultants.

VANCOUVER, BC, Jan. 21, 2021 — Wondershare EdrawMax has released its latest 10.5 version to start 2021 with amazing improvements. The update brings a wide range of features to meet its customer’s growing demands such as timeline diagram insert, customized presentation, file protection, and improved compatibility with Microsoft Visio.

Wondershare Rolls out EdrawMax 10.5 with New Diagram Features and Compatibility Upgrades
Wondershare Rolls out EdrawMax 10.5 with New Diagram Features and Compatibility Upgrades

"We are committed to bring the most productive products to our users so that anyone can be the diagram expert in their field with EdrawMax," said Edwin Wang, Product Director of Wondershare EdrawMax. "Compared to its previous version, 10.5 brings a vital upgrade in security options and editing tools, improving the overall user experience".

These are the major updates of Wondershare EdrawMax 10.5:

  • Timeline Diagram Insert: the insert feature has been improved and now allows users to insert different timeline diagrams directly and customize all details easily.
  • Customized Presentations: users can freely capture any zone of the diagram and export it as a new slide on the working canvas.
  • File Protection: Considering our user’s information privacy needs, EdrawMax now supports saving files with a password and grants access to selected people.
  • Microsoft Visio Compatibility: The new version has better compatibility with Visio files and stencils, which improves efficiency to directly import VSSX files into the software.

In addition, EdrawMax provides over 2,000 built-in professional templates and 26,000 drag and drop symbols for users, such as flowchart, floor plan, org chart, Gantt chart, UML, Network and electrical diagram. Users can now make their presentation more vivid and attractive by customizing diverse elements to make their ideas and data more intuitive.

As an effective and intuitive diagramming tool, EdrawMax is trusted by over 25 million users and big enterprises including Amazon, IMB, Dell, CISCO, Intel, HSBC, Samsung, etc., around the world.

Compatibility, Pricing and Languages

EdrawMax is available for Windows, Mac, Linux and as a web-based online platform, and prices start from $99 USD yearly. English, French, German, Spanish, Portuguese, Italian, Japanese, Simplified Chinese and Russian editions are available.

For the latest EdrawMax news and updates, visit edrawsoft.com/edraw-max/or follow us on YouTube, Instagram, Facebook and Twitter.

About Wondershare

Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. With powerful technology, the solutions we provide are simple and convenient, making Wondershare trusted by millions of people in more than 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world. www.wondershare.com    

Media Contact
Ellen Cheng
Wondershare
ellenc@wondershare.com

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PR Newswire

realme upends the mobile industry with awards-laden 2020, demonstrating the value of effective leadership

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SHENZHEN, China, Jan. 21, 2021 — 2021–2020 was a year to remember for realme as it scooped up awards and international fame for its quality products and business milestones. realme’s success in 2020 showcased real strength in all areas as it not only navigated 2020, but expanded against industry expectations.

Much of realme’s commercial, corporate and innovative success is attributed to a clear and precise vision to provide cutting-edge technology and trendsetting design altogether in one package, and more importantly, the affiliation of the company to its target consumers, global youths between the ages of 18 to 25, by sharing the same brand values as them. Underpinned by strong support, realme has gained 17 brand awards, 159 product awards and 5 top tier design awards around the world in 2020.

At a global level, the youthful team led by founder and CEO Sky Li has lived out its values, and evidently so as the median age of the employees is only 29 years old. This has enabled the team to claim Brand of the Year across the world in Indonesia, India, Egypt, Poland and Pakistan awarded by notable organizations and media in these countries. realme has also achieved Top 5 in market share in 12 countries, and has expanded to 61 markets globally. These milestones reflect reports and features by notable media and research organizations. Counterpoint Research has hailed realme to be the ‘fastest-growing smartphone brand in the world’ and the esteemed Financial Times have affirmed that the company commands a leading position across Asia Pacific.

One major milestone has in 2020 has been one for the history books, as realme officially became the fastest company to reach 50M shipments, according to Counterpoint Research. realme, whose slogan is ‘Dare to Leap’, adopts a strategy of selling leapfrog performance and trendsetting design-driven quality products that resonate with its young crowd at an affordable and attractive price points. "At realme, we live out our philosophy, which is to dare to leap into the forefront of innovation, design and product value, which is something young people can identify with,’ says Sky Li, realme’s CEO. realme’s trendsetting image and product reputation has contributed to building customer trust and brand awareness, making this achievement not just a one-off anomaly but rather something we can come to expect of the young company.

realme’s products have gained acclaim from India to Poland to Egypt. With over 160 awards for its products globally, one of realme’s cornerstones is to focus on product development and attune it to consumer desires and demands. This is evident as realme has won more than 17 awards given by youths in 3 different continents, clearly showing that realme is the first choice as rated by youths globally.

realme’s achievements have also been pleasing to the eye, and this has not gone unnoticed by the international design community. Though young, realme has won five top international design awards such as the Good Design Award 2020 for three different products, the Red Dot Design Award for the realme X2 Pro, the Golden Pin Award and more. World class design is augmented by cutting-edge technology as realme was also the first brand to introduce 5G technology to many markets within competitive price ranges, such as a global launch of the realme 7 5G, which costs less than US$300. Well-known mobile authority GSM Arena has rated realme the first midrange all-rounder mobile phone for 2020.

This strategy and market leadership is heartily affirmed the company’s consumers: In India, realme sold over 1 million smart individual audio devices, reaching third spot in market share in Q2 2020 as a new entrant. With such strong momentum gained in 2020, realme is poised to leap into 2021 even stronger and faster as a rising new force, disrupting the industry.

About realme

realme is a technology brand that brings trendsetting smartphones and AIoT products to the global market. realme users are young and globally-minded. They ‘Dare to Leap’, empowered by the latest in technology and design.

realme is recognized as one of the mainstream smartphone brands according to Counterpoint’s statistics of global smartphone shipments in Q3 2020, which ranks it at 7th in the world. In 2019, realme’s global smartphone shipments reached 25 million with a YoY growth rate of 808%, making realme the fastest-growing smartphone brand in the world for four consecutive quarters from Q3 2019 to Q2 2020. realme has entered 61 markets worldwide, including China, Southeast Asia, South Asia, Europe, Russia, Australia, Middle East, Africa with a global user base of over 50 million.

For more information, please contact
Wen, WU
Head of Corporate Public Relations
wuwen@realme.com (+86 158 1058 0696)
or go to www.realme.com