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Sales rise 29.63% to Rs 146.31 crore

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First Published: Mon, August 09 2021. 15:38 IST

Original post:

Clean Science & Technology standalone net profit rises 30.27% in the June 2021 quarter - Business Standard

BEIJING, Aug. 9, 2021 /PRNewswire/ -- Huawei published a white paper titled 5G-Advanced Technology Evolution from a Network Perspective Towards a New Era of Intelligent Connect X with China Mobile and other industry partners. This paper is the first in the industry to expand on the architecture and technical direction for 5G-Advanced, aiming to provide guidelines that will promote 5G technologies and construct a sustainable 5G industry.

Though scaling up rapidly, 5G has yet to reach maturity. To extract greater social and economic value from 5G, 3GPP officially announced 5.5G as the second phase of 5G, naming it 5G-Advanced. From here, industry partners reached consensus on 5G-Advanced development and composed this white paper to clarify the requirements and technologies for its evolution from 5G, thus expediting its development on networks.

5G is essential to upgrading service experience and fueling digital and intelligent transformation of industries. To penetrate deeper into industries, 5G requires the convergence of DT, OT, IT, and CT (DOICT). And the core network, akin to the brain of the E2E network, plays a pivotal role in 5G-Advanced network evolution. Therefore, we must promote the development of 5G core network architecture and technologies in line with our business models, as it will help operators improve ROI and help industry players better utilize 5G networks during digital and intelligent transformation.

To enhance network capabilities and meet ever-diversifying service requirements, 5G-Advanced will evolve both 5G architecture and technology.

At the architectural level, the 5G-Advanced network needs to fully consider the concept of cloud-native, edge network, network as a service, and continue to enhance network capabilities and eventually move toward cloud-network integration and computing-network integration. At the network technology level, 5G-Advanced networks need to have the characteristics of intelligence, convergence, and enablement.

With continuous enhancement, 5G-Advanced will allow us to rapidly roll out network functions and iterate them on-demand to fit into various service scenarios.

The white paper will serve as a valuable reference for 5G-Advanced development. For it to thrive, however, cooperation is needed. If you want to go far, go together. Huawei is eager to work out a solution with industry partners to ignite 5G development, and build a fruitful 5G industry.

Click here to download the 5G-Advanced Technology Evolution White Paper: link

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Huawei, China Mobile, and Industry Partners Release 5G-Advanced Technology Evolution White Paper - Markets Insider

HIGH POINT Development of new mechanisms and components driving furnitures most technology intensive category continues apace as suppliers to motion seating manufacturers look ahead in anticipation of consumer preferences and behaviors.

Particularly on the component side, suppliers are adapting product development to address habits acquired during the pandemic more time at home both for work and leisure, and health concerns, for example that demonstrate staying power in the years ahead.

Mechs and components, as well, are popping up with greater attention to the needs of the large, aging baby boomer segment.

A look at mechanisms

On the mechanism side, adapting motion to higher styles is a priority, but a more holistic approach is coming to the fore.

Our innovation team has always focused on comfort and styling, but were looking more and more into health benefits, said Richard Weeks, vice president of sales and marketing for retail systems at Leggett & Platt.

He pointed to Leggetts Cloud Zero zero-gravity mechanism as an example of recent wellness-related mechanisms.

On the style side, weve developed more compact mechanisms and more off-the-floor mechanisms versus the traditional metal-to-floor, Weeks said, adding other style-focused developments include mechs that accommodate features found more often in stationary such as T-backs and T-cushions. Were trying to broaden those horizons so we can get more stationary styling options into motion that you couldnt have before.

At CIAR, the latest and greatest include the CardioRelax enhanced zero-gravity mechanism, automatic rocking and swinging with the PSG system, and YogaFlexx, a lumbar backrest system with special electronics for spine mobilization.

Eric Knott, senior vice president of marketing and sales at CIAR, said the company has identified three megatrends for its product development direction: consumer interest in personal health, new work patterns and silver society, which addresses a large market approaching senior years.

Knott envisions hybrid products for home office, allowing laptop (and) tablet work in best ergonomic position, plus back health and relaxation features.

CIARs Digital Comfort Zone @ Home is a combination and integration of multi-positioning furniture with AR and VR options, Knott said. Examples there include furniture for meditation and breathing exercises featuring parallel control with biosensors and wearable units.

While the pandemic seemed to put the world on hold for a time, Leggett & Platts Weeks pointed out that created an opportunity to sit back and examine the companys R&D group and refocus efforts there. For example, in terms of what he called ideation and concepts, Leggett & Platts research team is getting out of the lab and into the field to stay abreast of needs in the marketplace.

Were more robust in trying to understand the needs of not only our customers but also the motion consumers, Weeks said. We need to be more out in the field talking with customers, and weve ramped up that part of our innovation team. Were putting more resources into that research arena versus sitting back in the lab.

What can we expect five years down the road in terms of mechanisms?

I think the whole motion industry would go more mechatronics to provide structural space optimization and cost-effective, functional products with multiple patents, said Okin North American Sales Manager Kevin Du. We hope the motion furniture can move forward faster like smartphones, with more tiny, intelligent, comfortable, easy to use, simple and smart components.

With the growth of power motion in particular head and back support, lumbar, lift function, smart applications Weeks said future development is all about offering new options.

Particularly on the health side, were going to see great technological development in those areas, he noted.

Knott believes stress-relief, back-health and cardio-health functions will become integrated, added-value elements in furniture.

The credibility of product claims and benefits can be proven with wearables and biosensors, he said. Presentations of complex functions and benefits and subsequent sales become much simpler and will happen increasingly outside of furniture stores.

Du said the pandemic has affected Okins long-term strategy in the U.S. market, particularly regarding a broader sourcing approach.

The pandemic has changed the world and the international supply chain, he said. Our next-five-year strategy would be global resourcing, managing new factory bases all around the world I think.

Looking at components

On the components side, a lot of technological development centers around two areas: battery packs and components addressing consumer behaviors and needs emerging from the pandemic.

Tom Peper, partner at Enouvation pointed out that power motion features such as LED lights, lighted cup holders, handheld wand controllers, touch pad controllers, touch sensitive buttons and switches with USB ports draw constant power even when the furniture isnt being used. Thats led Enouvation to constantly work with suppliers and manufacturers the past few years to address the need for what Peper called efficient electronic components.

Having the ability to make power motion furniture cordless is a demand today, and we believe it will be the future of power motion, he said. To overcome the challenge of constant power draw, Enouvation introduced the E10 battery, which features a patent-pending power pack that can be controlled via app to allow the user to turn off the pack with the swipe of a finger.

This feature, while it sounds extremely simple, will now allow a consumer with power motion furniture with constant drawing features the ability to go cordless, Peper said. The biggest disappointment consumers experience is trying to use their furniture (and) in a few days or weeks to find the furniture none functioning. The user can name the pack, set location of the pack, see the current power level, complete charging history, set reminders to recharge the pack when it reaches selected charge levels and enable push notifications to assist users with overall power pack maintenance. The ultimate goal is for the consumer to be able to enjoy their furniture wherever and whenever, not having to design their space around wall outlets.

Battery packs are an area where Raffel Systems also sees continued growth. Raffel has had battery packs for several years but is developing more powerful batteries to accommodate larger motion configurations and to improve battery operation and efficiency.

Well be introducing in an August-September time frame a 5,000 milli-amper hour (mAh) pack for motion pieces with three to six seats, said Mark Stecker, Raffels vice president of sales and marketing. Based on market research and feedback from the industry, our engineering team and software development created custom circuitry that allows what we call balanced charging that allows the battery pack to charge and deplete at the same rate, a feature Stecker said is unique in the industry. For the consumer that means no unnecessary charging, extended battery life and provides for longer operation time.

The 5K mAh also features active charging: When your battery needs charging, you can plug it into the wall but continue to use the piece of furniture while charging the battery, Stecker explained.

At Emomo, addressing consumer demand for more convenience and functionality integrated into her seating experience has inspired its most recent innovations. Examples include the eMoMo Smart Tabletop, is a built-in control panel for motion functions plus integration with speakers, power outlets and other functions.

Even more, the wireless charging zone can be easily converted to a cup holder, said Emomo Vice President Rosary Tang. When mounted between seats, both the left- and right-side user will be able to control through the table top or the iCtrl app.

In addition to comfort-related function, Copper River Home continues development of its Bluetooth-enable Soundstage immersive sound system and the Aura system for personalized sound amplification.

Our focus has been on Solution Based Amenities, said Managing Partner Joe Savovic. By paying attention to common things in the areas of electronics that we use subconsciously and automatically in our everyday lives, our company has brought these particular amenities into the seating products we offer.

Crossing over

Component resources also are examining how motion-associated technology will move into other product categories creating opportunities to address various markets for work, leisure and health.

Raffel, for example is looking hard at what Stecker called adjacent markets for components typically associated with motion, incorporating AC outlets, additional USB ports and such in other furniture categories.

Were working with some case goods manufacturers, he said by way of example. Were coming up with retrofit items that can be placed on case goods or ottomans. The pandemic created bubbles where people are spending more time and working at home, and they need to charge or access their devices across the home.

Emomo also has a heavy development focus on bringing innovations originally created in motion into stationary upholstery and other categories throughout the home.

As a component supplier, we know traditional motion furniture will continue to evolve and that our Emomo solutions will play a critical role in the process, Tang said.

Health, wellness and looking ahead

While mechanism producers have been addressing health-related functions such as zero-gravity and other enhanced positioning features, component resources are and will pay greater attention to health and safety features in coming years.

We have already seen many changes but we are confident that the value of furniture will extend from traditional criteria of style, comfort and price to a much more concentrated focus on functionality, Emomos Tang said. This is where eMoMo is focused and why we are spending resources to meet this next generation of furniture consumer who is seeking these types of wellness and functional features as part of their seating experience.

Those include UV sanitization function in chargers and other components such as a new Steri-Doc charger.

Raffel also has developed UVC components for sanitization of devices.

Thats something where well see continued demand coming out of the pandemic as consumers have become more health conscious, its part of everyones life now, Stecker said. They want to do everything they can to make their home as safe as possible.

Holdover behaviors from the pandemic and health-related issues are two keys that will drive component innovation down the road, according to Stecker.

In our blue sky meetings with customers, all we hear about is demand for new technology and adding additional function to motion furniture, he said. Well see more accessories that utilize things like cupholders for charging not just cell phones, but tablets and laptops, grommets. Well see UVC (sanitizers) that will charge laptops.

In health- and wellness-related areas, he sees wider adaptation of air massage.

Weve been working with customers in residential as well as health care to add massage in the seat as well as backs, Stecker said. We see that utilizing residential furniture for home healthcare, and with treatment furniture like dialysis when theyre in a chair for hours. I think youll see the residential and health care markets collide a little bit and overlap.

Peper at Enouvation said consumers are requesting fewer limitations in everything they buy, and cordless function that allows unlimited placement of furniture and function is the future.

Look around our daily lives, we have more electronic cars (and these numbers are only getting larger every year), we have solar for our houses, and the next wave is battery storage, he said. When was the last time you used a phone that had a cord? No one wants to be tethered to the wall.

With open floor plans and indoor/outdoor mixed use spaces being key selling points for homes, we as consumers are responding to these concepts because were not being confined to the traditional spaces. Were taking down walls and living inside and outside.

As a market leader in power-pack technology, we would be letting our customers down if we didnt keep pressing the technology limits, Peper said. Efficient power drives, simplification of features, higher consumer awareness of power consumption from furniture, and consumers will be demanding cordless furniture. Furniture has too many bells and whistles that are starting to take away from the consumer experience. Ill be shocked if power motion furniture has to plugged into the wall in five years from now.

Savovic at Copper River also noted that no one is looking for yet another reading light or USB port at this point.

The technologies that win will be the ones that we are currently using every day but can seamlessly be integrated into our home furnishings in ways that are not necessarily visual or obvious, he said.

Read more from the original source:

Technology marches on: Innovation addresses how consumers live, and their health, wellness - Furniture Today

Dell Technologies CFO Tom Sweet

The global chip shortage has impacted everything from the production of game consoles and smartphones to computers and home appliances. One of the industries affected the most is tech, which saw an uptick in demand for PCs and laptops when Covid pivoted employees and students to work remotely. Even Dell Technologies, which has a global supply chain and is often held up as a bellwether for supply chain management, isnt immune to the effects of the shortage.

Dell Technologies CFO, Tom Sweet, says the rapid reopening of global economies due to the coronavirus pandemic has impacted many industries besides tech, including lumber and automotive. The shortage has resulted in a longer lead time for certain Dell products, according to Sweet. Its a day to day juggle, but were managing our way through it, working with our customers. Its a challenging environment, he says.

The tech sector has been turned upside down due to the dearth of semiconductors, which has led to empty store shelves, created production bottlenecks and frustrated many consumers. Its also affected cash flow as its difficult to plan how much to buy when prices and availability are constantly changing. The shortage of key components has resulted in backlogs in delays and shipping across companies, Sweet adds. Its a widespread problem that companies are working their way through, he says.

In the face of this worldwide shortage, Dell has been powering through. Part of Dells strategy has been working closely with its supply base and giving them early indications of Dells needs. The company is also working with its selling organizations and customers to manage the availability it has and the configurations Dell can supply, Sweet says. The global economy is rebounding and the IT market is growing, he says. We are bullish on our ability to execute our strategy, grow and achieve our vision of becoming the essential tech company of the data era.

While Covid has wreaked havoc, its also reinforced the vitalness of technology. The pandemic overall accentuated the key role of technology and helping people do their jobs, learn from home, work from home and stay connected, Sweet says. In many ways it accentuated or accelerated the importance of technology and the digital platforms across the various ecosystems. In addition to pivoting its workforce to be remote, Sweet says the software company took action around cost frameworks to protect the liquidity of Dell. There were also growth opportunities that Dell hadnt planned on, particularly around the growth of its PC business. During the onset of the pandemic, people stockpiled computers and tech equipment for telework and remote learning.

Dells financials reflect this demand for tech during Covid-19: First quarter revenues were $24.5 million, which is 12% up. The Texas-based companys strong quarter revealed $1.4 billion in operating income, an increase of 96% year-over-year, and a net income of $938 million. Another source of income was its cloud-computing infrastructure giant VMware, which in the first quarter generated revenue of about $3 billion, an uptick of 9%. Dell acquired VMware in 2016 as the result of a $67 billion merger with IT services company EMC, which saddled the company with debt.

In April, Dell announced that it would spin-off its 81% stake in VMware, resulting in two standalone public companies. VMware will distribute a cash dividend of $11.5 to $12 billion to VMware shareholders, including Dell Technologies. Dell would receive approximately $9.3 to $9.7 billion and will use net proceeds to pay down debt, which will position the company for investment grade ratings.

VMware has got a very large ecosystem of other partners besides Dell Technologies and we needed to give them a bit more freedom around their partner ecosystem base. Dell Technologies also wanted to have a bit more freedom around our partner ecosystem, Sweet says. Its also a great opportunity to drive and provide shareholder value through this. Post-spinoff, Sweet notes that Dell will still have a close relationship with VMware.

The pandemic and chip shortage, coupled with the spinoff of VMware, has made for a big year for Dell so far. Experts predict that the market will see growth. As we look forward, technology spending is forecasted to be competitive to improve over the next number of years, Sweet says. According to the International Data Corporation, the worldwide edge computing market will reach $250.6 billion in 2024. Gartner projects worldwide IT spending to total $4.1 trillion in 2021, which is an increase of 8.4% from 2020, and 2022 is expected to see an uptick of 5.5% at about $4.3 trillion.

Dell experienced a strong quarter, but Sweet says it also felt pressure on parts of its business. While PC sales were strong, Sweet says customers pivoted their budgets, which for example, resulted in a softer infrastructure business. Customers made different buying decisions out of necessity, he says. Overall, the company navigated reasonably well.

Were technology optimists. We believe that technology can empower human progress, says Sweet. We think about ourselves as an essential infrastructure company thats going to help our customers realize their business outcomes.

Read more: Deal Of The Century: How Michael Dell Turned His Declining PC Business Into A $40 Billion Windfall

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Dell Technologies CFO Tom Sweet On The Chip Shortage, VMware Spin-Off And The Post-Pandemic IT Market - Forbes

As the need for better capabilities and more predictability in the offshore wind sector is growing, the industry has welcomed its collaboration with robotic technologies.

Robotics and AI come as powerful tools to help unlock human potential, providing assistance and support to inform human decision making, often adding great benefits to the process and allowing it to be more environmentally friendly.

While the robotisation of the wind industry doesnt come without its challenges, big industry experts such as Offshore Renewable Energy (ORE) Catapult and GE Renewable Energy have even taken a step towards supporting smaller innovative companies to further encourage the renewable energy acceleration.

Offshore wind turbines and their support structures are regularly serviced during planned maintenance visits. Typical tasks include external and internal inspections, the repair of blades and cleaning inside of towers, the replacement of lubricants for rotating machinery, and the testing of navigation warning and lightning protection systems.

With the robotic industry offering the opportunity for such daily maintenance tasks, currently performed by service technicians in challenging areas, to be conducted from a distance, it means that operators can recover time from relatively mundane and repetitive tasks and work smarter.

Robotics contributes by providing a hyper enabled capability to human decision makers by providing new levels of visibility time and interaction with remote systems, which advances operational understanding of these complex systems and environments.

With the UKs Crown Estate estimating that over 80% of the cost of offshore operation and maintenance is accounted for by the cost of transporting staff to sites, robotics can help reverse this impact.

When offshore wind was first developed in the UK, wind farms were relatively small and closer to shore, so it wasnt as demanding for workers to visit them on a crude transfer vessel.

Alex Louden, senior technology acceleration manager at the ORE Catapult, says: For example, Hornsea wind farm being developed by rsted is well over 100km from shore, and it covers an area of around 400km2 So that task of operating and maintaining is becoming larger and to me thats the biggest challenge theres more wind turbines to maintain and theyre bigger.

I guess thats why robotics has got such a big role to play. And as the industry grows, theres only going to be more wind farmers requiring operations and maintenance.

As well as being at a distance, some inspection tasks, such as rope access inspections of blades, are also very expensive to conduct offshore, so these are two areas where robotics can have an immense impact.

Robotics really enables valuable skill sets in the sector where they can be redeployed and targets where human intervention is really valuable, so robotics can be used in those areas to increase the efficiency of how we carry out operations in the sector as a whole, Louden says.

In a similar example, by using drones fitted with advanced radar sensing technology, industry experts can identify defects in the turbines as they begin to develop. Instead of using field support vessels to transport turbine inspectors offshore, which can cost approximately 250,000 a day, the use of robot assistants to monitor turbine maintenance can save time, money, and help reduce safety risks.

Another quite significant advantage that comes with the use of robotics is the opportunity to reduce the use of huge vessels that normally produce a lot of emissions within the sector.

Similarly, as Louden explains, the incorporation of robotics promotes vessels with a lower energy usage, because theyre smaller systems, or potentially even residence systems, whichremain in the wind farm over a period of time so that youre reducing most of the number of transits to and from sight. And this can lead to a reduction of operational emissions.

Robotic solutions can also help towards improved asset management capabilities and contribute to extended operational lifetime of offshore wind turbines.

Today, 95% of wind turbine blades are burnt or put in landfill at their end of life. If we can extend their operational life and incorporate them into a circular economy, then we can create value while further protecting the environment from harmful emissions.

When it comes to protecting marine life, unlike people, robots can use non-contact methods of sensing, such asradarandsonar, which allow them to interact with ocean infrastructure and its surrounding environment without causing anydisruption or damage, says DavidFlynn,professor at the National Robotarium and founder of the Smart Systems Group at Heriot-Watt University, Scotland.

In this respect, low-frequency sonar, a sound-based technology inspired by dolphin signals, makes it possible to inspect structures in the ocean, such as subsea infrastructure, without damaging the surrounding environment.

We can also help avoid issues like biofouling, where microorganisms, plants, algae, or small animals accumulate on surfaces of cables. A bio-fouled cable can grow heavy, potentially distorting its outer protective layers and decreasing its useful life span. Autonomous underwater vehicles can monitor and clean these cables safely, Flynnadds.

While robotics undoubtedly adds a lot of value to operations, they also come with their unique set of challenges and considerations.

For instance, a primary challenge to creating robotic technologies is to ensure that the robots do not represent a cost or risk burden to current operations, so some obstacles linked to adoption relate to run-time safety compliance, reliability, and resilience.

Flynnexplains: The robotics market is predominantly a product-based business model but, for the offshore environment and many other sectors, its the continuity of autonomous service that delivers the real value to company, consumer, and environment.

We need to design systems that can cope with knowns and unknowns during operations, and in the event that they do fail, they do so safely and with explainable behaviour that allows operators to understand why.

And with bigger companies leading the way to increased offshore wind capacity, it is no mean feat for small operators to tap into the market or showcase their potential.

For this reason, ORE Catapult and GE Renewable Energy have partnered and work with smaller innovative companies to help them develop new technologies and commercialise their capabilities.

We help out in a few key ways. So, weve got a lot of technical experts who can provide support across a range of engineering disciplines. Weve got some cutting-edge facilities that we can use to test and demonstrate new technologies and really validate that performance, Louden says.

For example, monitoring and analysis company Eleven-Iand product development consultants Innvotekare the latest companies that have successfully joined the robotics innovation call, in a series of challenge competitions through GE Renewable Energy and ORE Catapults Stay Ashore research and development programme, delivered through theOffshore Wind Innovation Hubs Innovation Exchange, in partnership withKTN.

For example, they have recently invested about 3m with the North of Tyne Combined Authority to try and improve the facilities available there because in some cases it is more challenging to test and validate new robotic technologies, since they are so different to other areas of technology and often have their own sets of needs.

Looking ahead to the future of the industry, Louden says that robotics activity has really increased a lot over the last three or four years: I think thats because of this huge opportunity for robotics to have a really large impact within the offshore wind sector.

But were also going to see the integration of different robotic systems being addressed. So, probably in five to seven years, were going to start to see things like aerial systems working together with unmanned surface or increased surface vessels, which reduces some of the costs associated with deploying aerial systems.

Tool Supply, Repair and Rental Services for the Electrical Transmission and Distribution Industry

28 Aug 2020

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Robotic technologies in offshore wind - Power Technology

BEIJING, Aug. 9, 2021 /PRNewswire/ -- Ambow Education Holding Ltd. ("Ambow" or "the Company") (NYSE American: AMBO), a leading cross-border career education and technology service provider, today announced that the Company's OOOK ("O Course," https://oook.com), with its path-breaking and innovative technology and application, won the "2021 Best Product Technology Innovation" Award at the 10th Annual China Finance Summit (the "CFS"), which was held in Shanghai from July 28 to July 29, 2021. Separately, Ambow was named "2021 The Most Influential Brand (Industry)" at the event, marking the third consecutive year that the Company has been included in the list.

The China Finance Summit, established in 2012, is a prominent event collectively organized by authoritativefinancial and mass media, and one that is widely recognized as being among the most influential platforms for communications in economic field. The CFS Award presented at the Summit is a well-known and highly-regarded business award. O Course, an open teaching platform developed by Ambow Education, is supported by over 70 patented technologies and operates on a cloud service model. The platform provides high-quality, cross-terminal live and recording services, and immersive and interactive live broadcast experiences that combine images and shared files and one-stop operation management functions to deliver a seamless experience to users.

Dr.Jin Huang, Chairman and Chief Executive Officer of Ambow, commented, "Technology is the driving force behind the education sector's ongoing digital revolution. Ambow Education is committed to grasping developing trends in technology, while continually expanding our own brand influence and exploring the intersection of learning and technology to boost the development of the education industry as a whole."

About Ambow Education Holding Ltd.

Ambow Education Holding Ltd. is a leadingcross-border careereducational andtechnology service provider, offering high-quality, individualized services and products. With its extensive network of regional service hubs complemented by a dynamic proprietary learning platform and distributors, Ambow provides its services and products to students inChinaandUnited States of America.

Follow us on Twitter: @Ambow_Education

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of 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" and similar statements. Among other things, the outlook and quotations from management in this announcement, as well as Ambow's strategic and operational plans, contain forward-looking statements. Ambow may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statements, including but not limited to the following: the Company's goals and strategies, expansion plans, the expected growth of the content and application delivery services market, the Company's expectations regarding keeping and strengthening its relationships with its customers, and the general economic and business conditions in the regions where the Company provides its solutions and services. Further information regarding these and other risks is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Ambow undertakes no duty to update such information, except as required under applicable law.

For investor and media inquiries please contact:

Ambow Education Holding Ltd.Tel: +86 10-6206-8000

The Piacente Group | Investor RelationsTel: +1 212-481-2050 or +86 10-6508-0677Email:[emailprotected]

SOURCE Ambow Education Holding Ltd.

http://www.ambow.com

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OOOK Wins "2021 Best Product Technology and Innovation" Award at 10th Annual China Finance Summit - PRNewswire

Clean technology transportation pioneer, Martin Schuermann, appointed as Executive Chairman of Aberdeens Board of Directors

Mr. Schuermann to drive refined focus on downstream, transportation and consumer-facing low-carbon strategy

With addition of Mr. Schuermann, the Company elevates its governance, deal sourcing and execution capabilities

TORONTO, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Aberdeen International Inc. (Aberdeen or the Company) (TSX: AAB) (F: A8H) (OTC: AABVF) is pleased to announce the appointment of Martin Schuermann as Executive Chairman of the Board of Directors of the Company.

Mr. Schuermann has been involved in the clean energy sector since 2009, serving as Chief Executive Officer of Vision Motor Corp and Vision Industries (Vision), an early innovator in fuel cell vehicles focused on developing zero emission heavy-duty transportation solutions, using hydrogen as the dominant energy storage medium. Vision was the first company in the world to put hydrogen-powered Class 8 trucks through regular duty cycles in the ports of Los Angeles and Long Beach. Prior to and since his time at Vision, Mr. Schuermann has been a serial entrepreneur, notably in the media and film industries. Mr. Schuermann holds a BA from Westfaelische Wilhelms Universitaet Muenster (Germany) and a MBA from Azusa Pacific University and UCLA (Los Angeles).

As the Company continues to shape a vision focused on clean energy, Mr. Schuermanns appointment brings new strategy and governance expertise, adds executive experience directly in the areas of clean transportation and electrification, and bolsters Aberdeens deal sourcing and execution capabilities.

Martin brings a wealth of energy and transportation sector experience that will accelerate our ambition to be the partner-of-choice for early-stage clean technology companies. Martins strategic vision, expertise and industry contacts will help us identify and execute on world-class opportunities, commented Mr. Bharti, director of the Company.

Story continues

Im excited to work with Chris and the team to build a compelling roster of low and no-carbon investments that truly drive transformation across energy, transportation and industrial sectors. My aim is to help Aberdeen substantially grow its asset base and attract high quality capital and talent to generate significant value for Aberdeen shareholders, said Mr. Schuermann.

Mr. Schuermann replaces Stan Bharti as Executive Chairman of the Board. Mr. Bharti will remain a Director of the Company.

ABOUT ABERDEEN INTERNATIONAL INC.

Aberdeen International is a global resource investment company and merchant bank focused on small capitalization companies in the rare metals and renewable energy sectors. AES-100 Inc., an Aberdeen portfolio investment, owns the exclusive rights and all intellectual property pertaining to the Advanced Electrolyzer System for the production of hydrogen from dilute syngas.

For additional information, please visit our website at http://www.aberdeen.green

For further information, please contact:

Chris Younger Chief Executive Officer Aberdeen International Inc. Chris.Younger@Aberdeen.green (416) 861-1685

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the appointment of directors, investment portfolio of the Company; the renewable energies sector and the Companys future plans. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including risks inherent in the mining industry and risks described in the public disclosure of the Company which is available under the profile of the Company on SEDAR at http://www.sedar.com and on the Company's website at http://www.aberdeen.green/. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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Clean Technology Industry Veteran, Martin Schuermann, Appointed as Aberdeens Executive Chairman of the Board of Directors - Yahoo Finance

FP trendAugust 9, 2021 17:08:32 IST

Motorola is ready to launch the new Edge 20 series smartphones in India. The company has the potential to launch Edge 20, Edge 20 Fusion, and perhaps Edge 20 Pro.The company has launched a teaser release twitter, Suggests that Edge20 smartphones will be available in India soon. Teaser also reveals the design of the Edge 20 and Edge 20 Fusion handset. The former is similar to the global variant of Edge 20, but the latter looks like Edge 20 Lite.

It was revealed that Edge 20 comes with a vertical rear camera module that houses three cameras. Edge 20 Fusion comes with a square rear camera setup with two large cameras and one small camera.

In terms of specs, the Edge 20 comes with a 6.7-inch OLED full HD + screen with a refresh rate of 144Hz and a Qualcomm Snapdragon 778G processor. It has 8GB of RAM and 128GB of storage.

Edge 20 Fusion is offered in the same display size, except that it supports a 90 Hz refresh rate. It is equipped with MediaTek Dimensity 720 SoC.

Both phones come with a 108MP triple rear camera. The Edge 20 has a 16MP ultra-wide-angle lens and an 8MP periscopic lens, while the Edge 20 Fusion has an 8MP ultra-wide-angle camera and a 2MP depth sensor. Both come with a 32MP front camera.

Both devices come with Android 11, which is close to stock, and fall into the mid-price range.

However, Motorola has not disclosed an official release date at this time.

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Everything you know so far-Technology News, Firstpost

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Dublin, Aug. 09, 2021 (GLOBE NEWSWIRE) -- The "Immunoassay Market by Product & Solutions, Platform, Application, End User - Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

The global immunoassays market is expected to grow at a CAGR of 7.5% from 2021 to 2028 to reach $46.5 billion by 2028.

Succeeding extensive secondary and primary research and in-depth analysis of the market scenario, the report carries out the key industry drivers, restraints, challenges, and opportunities.

The growth in the immunoassays market is mainly attributed to the increasing prevalence of chronic and infectious diseases, technological advancements in immunoassays, increasing use of immunoassays in oncology and drug & alcohol testing, and the emergence of COVID-19.

Based on type, in the immunoassay kits and reagents market, the ELISA kits and reagents segment is estimated to account for the largest share of the immunoassays market in 2021. The continuous development of new biomarkers and the growing adoption of automated platforms for ELISA are the factors expected to increase the adoption of this segment.

Based on platform, the chemiluminescence immunoassays platforms segment is estimated to account for the largest share in 2021 due to the increasing prevalence of acute and chronic diseases, rapid technological advancements, and the high specificity of chemiluminescence platforms.

Based on end user, the diagnostic reference laboratories segment is estimated to account for the largest share in 2021. Factors contributing to the large share of this segment include growing technological advancements for immunoassay diagnostic platforms in laboratories, increasing number of tests carried out in diagnostic labs, rising laboratory automation, availability of well-equipped immunoassay systems, and growing prevalence of infectious diseases.

Key Topics Covered:

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Insights 4.1. Introduction 4.2. Drivers 4.2.1. Growing Prevalence of Chronic and Infectious Diseases 4.2.2. Technological Advancements in Immunoassays 4.2.3. Increasing Use of Immunoassays in Oncology 4.2.4. Role of Immunoassays in Drug and Alcohol Testing 4.2.5. Impact of COVID-19 4.3. Restraints 4.3.1. Technical Impediments Concerned with Immunoassay kits 4.3.2. Inadequate Reimbursement Policies for Immunoassays in the U.S. and Europe 4.4. Opportunities 4.4.1. Emerging Economies 4.4.2. Integration of Microfluidics Technology in Immunoassays

5. Immunoassays Market - Regulatory Analysis 5.1. North America 5.2. Europe 5.3. Asia-Pacific5.4. Latin America and the Middle East & Africa

6. Global Immunoassays Market, by Product & Solution 6.1. Introduction 6.2. Immunoassay Kits & Reagents 6.2.1. Elisa Kits & Reagents 6.2.2. Rapid Test Kits & Reagents 6.2.3. Western Blot Kits & Reagents 6.2.4. Elispot Kits & Reagents 6.2.5. Other Immunoassay Kits & Reagents 6.3. Immunoassay Analyzers 6.4. Immunoassay Software & Services

7. Global Immunoassays Market, by Platform 7.1. Introduction 7.2. Chemiluminescence Immunoassay 7.3. Fluorescence Immunoassay 7.4. Colorimetric Immunoassay 7.5. Radioimmunoassay 7.6. Other Immunoassay Platforms

8. Global Immunoassays Market, by Application 8.1. Introduction 8.2. Infectious Diseases 8.3. Oncology 8.4. Endocrinology 8.5. Cardiology 8.6. Bone and Mineral Diseases 8.7. Autoimmune Disorders 8.8. Other Applications

9. Global Immunoassays Market, by End User 9.1. Introduction 9.2. Diagnostic Reference Laboratories 9.3. Hospitals & Clinics 9.4. Pharmaceutical and Biotechnology Companies 9.5. Academic and Research Institutions 9.6. Other End Users

10. Immunoassays Market, by Geography 10.1. Introduction

11. Competitive Landscape 11.1. Introduction 11.2. Key Growth Strategies 11.3. Competitive Benchmarking 11.4. Market Share Analysis (2020) 11.4.1. F. Hoffmann-La Roche AG (SWITZERLAND) 11.4.2. Abbott Laboratories (U.S.) 11.4.3. Siemens Healthineers AG (GERMANY)

12. Company Profiles (Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)12.1. F. Hoffmann-La Roche AG 12.2. Siemens Healthineers AG (Subsidiary of Siemens AG) 12.3. Abbott Laboratories 12.4. Danaher Corporation 12.5. Sysmex Corporation 12.6. bioMerieux SA12.7. Thermo Fisher Scientific Inc. 12.8. Becton, Dickinson and Company 12.9. Merck KGaA 12.10. Bio-Rad Laboratories, Inc. 12.11. Agilent Technologies, Inc. 12.12. PerkinElmer, Inc.

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Global Immunoassay Market Report 2021: Opportunities in Integration of Microfluidics Technology in Immunoassays - Forecast to 2028 - Yahoo Finance

Eon's operating system can enable many new uses for a garment.

Your smartphone has already made you familiar with whats called an Operating System. An operating system lets the apps to talk to the device. You know it as either Apple AAPL iOS or Android. Conceptually, an operating system is a simple idea: a series of rules that software uses to interact with other software and hardware.

Now the concept of operating systems is moving beyond software and being applied to physical things; thats called the Internet of Things (IoT). IoT allows previously separate objects, like your lights or air conditioning, to communicate with other devices. You have seen IoT when an Alexa device adjusts room lights or garage doors or temperature settings. Over time, there will be a lot more such interaction between devices and things; operating systems facilitate those interactions.

Inevitably, connections of software to physical things will extend to the fashion industry. Imagine scenes like these:

You may be saying all of this sounds good but its far off in the future. Maybe it is, but we are seeing critical steps being taken right now for all of it and for services yet to be imagined. A company called Eon Group has created an operating system that allows manufacturers, recyclers, resellers, consumers or anyone to access complete and correct information about a garment or consumer product as smoothly as your email app gets your messages and displays them on your smartphone. Randall of Waste Management says Eons system allows us to get more materials to the top of the pyramid, where they can be recycled and re-used.

Eons operating system is getting real traction:

Natasha Franck, Founder and CEO of Eon, says, the relationship between the brand and the customer ends the moment that product is sold. But its really just the beginning of the product life cycle and the brand experience. Being able to use communication to extend that cycle and experience improves opportunities for the brand and experiences for consumers.

Annie Gullingsrud, Chief Strategy Officer at Eon, said, Eon introduces a language for those connected products to speak. Franck of Eon says, Fundamentally what were doing is very simple. Were [allowing brands or retailers] to manage it across its life cycle. That includes knowing what a product is, where it came from, who made it and what happened to it over time.

Recycling, resale and outfitting are obvious uses of a fashion operating system. But like your smartphone, once the system is in place, inventors and entrepreneurs are likely to develop more innovative ways to use the information. Industry analysts assume this technology will improve supply chain efficiency, reduce out-of-stocks and enhance marketing performance. Given the scale of the fashion and accessory industries, it is likely that the impact of this kind of information will create opportunities that are impossible to foresee right now.

Data in a report recently published by Sharpend, an IoT advisor to PepsiCo PEP , Campari, Levis and other consumer companies, says 53% of consumers would pay more for a connected product. 78% of U.S. consumers have already used an on-package QR code to engage with the product and a majority say they expect to do that more often in the next year. More than three-quarters of U.S. consumers have used connected packaging to learn about recycling or disposing of the package or product.

Cameron Worth, the founder and CEO of Sharpend, believes the fashion industry is not developing this new technology in the most effective way. About Eon, Worth said, we're big fans of Eon's proposition to the market, we think ... they have the strongest brand out there for fashion designers who want to engage in the connected space. But he believes the technology is distracting to brands. He said brands have to place experience before technology and right now ... most people are placing technology before experience. Worth thinks more focus is required on identifying a consumer pain point or exploring a transformation of new business opportunities with connected products. But the consensus among leaders is well articulated by renowned Harvard Business School professor Michael Porter, a leading business strategy thinker. He says that these smart, connected products are likely to be the biggest IT-driven transformation yet, creating more innovation, productivity gains and economic growth than previous developments in information technology.

When personal computers were first created, it was not known that the companies that make the operating systems for them would become more important, and more valuable than the makers of the actual hardware. Operating systems have proven to be the underpinning of communications and operating systems are poised to move beyond computers now. Today the garment, fashion and accessories industries are still making products that cant connect with its customers or makers. With an operating system for the industry, recycling can take off, resale will be much easier and reliable, supply chains will be more efficient and the table will be set for new and innovative services to be developed. Like Uber UBER /Airbnb/Doordash/Instacart, an operating system makes physical objects more accessible and usable. Its hard to foresee all the ways those services will work before they begin but the impact on how consumers access and use fashion products will be massive.

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This Technology Will Have A Profound Effect On The Fashion Industry - Forbes