Consumer Electronics Show

SKYX Reports Record Sales of $58.8 Million for 2023 and Fourth Quarter Record Sales of $22.2 Million as it Continues to Enhance its Market Penetration for Both Retail and Pro Segments

Retrieved on: 
Monday, April 1, 2024

Generated a record $58.8 million in revenue in 2023, including E-commerce sales, smart home products and advanced plug & play products, as compared to $32,022 in 2022.

Key Points: 
  • Generated a record $58.8 million in revenue in 2023, including E-commerce sales, smart home products and advanced plug & play products, as compared to $32,022 in 2022.
  • Generated a record $22.2 million in revenue in the fourth quarter of 2023.
  • SKYX has started sales to the builder and pro segments and opened over 100 builder and pro accounts during the International Builders’ Show (IBS - NAHB) in Las Vegas.
  • Additionally, our e-commerce website platform continues to enhance the acceleration of marketing, distribution channels, collaborations, and sales to both professional and retail segments.

Walmart and unspun Collaborate on 3D Fabric Weaving Technology, Aiming To Reduce Apparel Manufacturing Waste and Drive US-Based Manufacturing

Retrieved on: 
Thursday, March 14, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240314778881/en/
    Walmart and unspun work together to reduce the environmental impact of garment production.
  • These issues, combined with the emissions generated from transporting garments and fabrics supplied offshore, have created demand for more sustainable apparel manufacturing supply chain solutions.
  • In July 2023, Walmart announced a pilot for innovative carbon capture and conversion technology also for the apparel manufacturing supply chain.
  • In its own operations, Walmart has set a goal to be powered 50% by renewable energy by 2025 and 100% by 2035.

MARKETING INDUSTRY ICON MICHAEL KASSAN TO SIT DOWN FOR AN EXCLUSIVE INTERVIEW AT POSSIBLE

Retrieved on: 
Wednesday, March 27, 2024

The keynote will also touch on what's next post-MediaLink for the industry veteran, who has been described as the "ultimate power broker," balancing strategic insight with pragmatic execution.

Key Points: 
  • The keynote will also touch on what's next post-MediaLink for the industry veteran, who has been described as the "ultimate power broker," balancing strategic insight with pragmatic execution.
  • Michael founded MediaLink in 2003 to be a transformational partner to the world's leading media, marketing and technology companies.
  • POSSIBLE is a tentpole event that brings together the most influential marketing and business leaders, as well as visionaries from technology, digital, media, entertainment, and culture.
  • More than 200 marketing industry leaders will grace the stages at POSSIBLE.

Giesecke+Devrient Joins IMC to help drive growth in the IoT Ecosystem

Retrieved on: 
Tuesday, March 19, 2024

The IMC is the largest trade association dedicated to the IoT ecosystem with 28,000 enterprise users and product makers that deploy technology as rank-and-file members.

Key Points: 
  • The IMC is the largest trade association dedicated to the IoT ecosystem with 28,000 enterprise users and product makers that deploy technology as rank-and-file members.
  • Our expansion into the IoT sector beyond eSIM is the ideal way to deliver additional value" says Sam Colley, Digital Connectivity Portfolio Strategist at G+D.
  • IMC rank-and-file members must qualify as IoT adopters, which is unique, and the membership covers 27 different vertical markets of.
  • The IMC is unique in representing all the layers of the IoT stack worldwide," says Colley.

Giesecke+Devrient Joins IMC to help drive growth in the IoT Ecosystem

Retrieved on: 
Tuesday, March 19, 2024

The IMC is the largest trade association dedicated to the IoT ecosystem with 28,000 enterprise users and product makers that deploy technology as rank-and-file members.

Key Points: 
  • The IMC is the largest trade association dedicated to the IoT ecosystem with 28,000 enterprise users and product makers that deploy technology as rank-and-file members.
  • Our expansion into the IoT sector beyond eSIM is the ideal way to deliver additional value" says Sam Colley, Digital Connectivity Portfolio Strategist at G+D.
  • IMC rank-and-file members must qualify as IoT adopters, which is unique, and the membership covers 27 different vertical markets of.
  • The IMC is unique in representing all the layers of the IoT stack worldwide," says Colley.

Gentherm Reports 2023 Fourth Quarter and Full Year Results

Retrieved on: 
Wednesday, February 21, 2024

NORTHVILLE, Mich., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Gentherm (NASDAQ:THRM), the global market leader of innovative thermal management and pneumatic comfort technologies for the automotive industry and a leader in medical patient temperature management systems, today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • According to S&P Global’s mid-February 2024 report, actual light vehicle production in the fourth quarter of 2023 increased by 12.8% compared to the fourth quarter of 2022 in the Company’s key markets of North America, Europe, China, Japan and Korea.
  • Selling, general and administrative expenses of $41.9 million in the 2023 fourth quarter increased $5.3 million, or 14.5%, versus the prior year period.
  • Income tax benefit in the 2023 fourth quarter was $0.9 million, as compared with $0.06 million in the prior year period.
  • GAAP diluted earnings per share for the fourth quarter of 2023 was $0.56 compared with a loss of $(0.13) for the prior year period.

3M and HD Hyundai KSOE to collaborate on joint research project to help insulate liquid hydrogen storage tanks

Retrieved on: 
Thursday, March 7, 2024

ST. PAUL, Minn., March 7, 2024 /PRNewswire/ -- 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M – a high-strength, low-density hollow glass microsphere.

Key Points: 
  • ST. PAUL, Minn., March 7, 2024 /PRNewswire/ -- 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M – a high-strength, low-density hollow glass microsphere.
  • The collaborative research will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.
  • 3M and HD Hyundai will conduct a joint research project to develop large liquid hydrogen storage tanks.
  • "We are honored to conduct joint research with 3M on insulation materials for hydrogen storage tanks," said Kim Sung-jun, CEO of HD Korea Shipbuilding & Marine Engineering.

Ultimea at CES 2024: Redefining Home Entertainment with Cutting-Edge Projectors and Immersive Soundbars

Retrieved on: 
Wednesday, February 28, 2024

Embark on a journey with Ultimea as we delve into the transformative trends that are reshaping home entertainment, where cutting-edge projectors and immersive soundbars redefine the very essence of cinematic experiences.

Key Points: 
  • Embark on a journey with Ultimea as we delve into the transformative trends that are reshaping home entertainment, where cutting-edge projectors and immersive soundbars redefine the very essence of cinematic experiences.
  • As a home entertainment solution brand, ULTIMEA is committed to providing users with immersive audio-visual experiences.
  • Enter the ULTIMEA Nova S90, a 7.1.4 Dolby Atmos soundbar designed to fill that void with room-encompassing, immersive audio.
  • Just like ULTIMEA projectors are meticulously calibrated for optimal picture quality, our soundbars are engineered to be the perfect sonic complement.

Taiwan 96 Tech Innovation Shine at CES 2024

Retrieved on: 
Monday, February 26, 2024

TAIPEI, Feb. 26, 2024 /PRNewswire/ -- The Taiwan Tech Arena (TTA), under the National Science and Technology Council (NSTC), led Taiwanese startups to participate in the Consumer Electronics Show (CES) for the seventh consecutive year.

Key Points: 
  • TAIPEI, Feb. 26, 2024 /PRNewswire/ -- The Taiwan Tech Arena (TTA), under the National Science and Technology Council (NSTC), led Taiwanese startups to participate in the Consumer Electronics Show (CES) for the seventh consecutive year.
  • Wayne Wang, Director of the Hsinchu Science Park Bureau, led a delegation of representatives from 96 high-tech startups based in Taiwan, showcasing the country's significant role in the global information and communications technology sector.
  • Taiwan has played a reliable and critical role in the semiconductor industry, with NSTC making IC innovation applications a policy focus.
  • Leveraging the advantages of the semiconductor industry ecosystem, the council aims to strengthen innovation capabilities across various industries and actively recruit international startups and talents related to IC innovation.

The Electrifying Rise of Electric Boats

Retrieved on: 
Wednesday, February 14, 2024

NEW YORK, Feb. 14, 2024 /PRNewswire/ --  The raucous rumble of combustion engines is fading, systematically replaced by the high-performance hum of electric propulsion that's transforming every aspect of transport. Electric cars have moved mainstream with both automakers and upstarts offering multiple mobility options. Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake. This surge in electrification isn't just about a clean and green conscience; it's about performance, convenience and a technological transition in mobility that may be as profound as the shift from the horse to the horseless carriage. The producer of the world's most powerful and most technically advanced electric outboard motor on the market today, Vision Marine Technologies Inc. (NASDAQ: VMAR) (Profile), is a recognized global leader, innovator and disruptive force in the electrification of recreational boating. The company is at the vanguard of transition, challenging the status quo of conformity alongside big players such as Brunswick (NYSE: BC) and yacht purveyor MarineMax (NYSE: HZO) by electrifying the waterways much like Winnebago (NYSE: WGO) intends to do and what Telsa (NASDAQ: TSLA) has already accomplished on land.

Key Points: 
  • Now another market is being disrupted, as sleek electric boats glide across the water leaving nothing but a whisper of ripples in their wake.
  • Performance boats with electric hearts offer exhilarating speeds and instant torque, all while leaving the water pristine.
  • Unlike traditional, noisy gas-powered boats, Vision Marine's E-Motion powertrain offers electric boats a smooth, powerful, near-silent ride that boaters love.
  • The electric revolution is surging across transportation, propelling both cars and now boats into a cleaner, quieter future.