Economy of Asia

MediaTek Unveils New Helio P22 Chipset to Power Mid-Range "New Premium" Smartphones

Retrieved on: 
Tuesday, May 22, 2018
Economy of Taiwan, Smartphones, MediaTek, System on a chip, Meizu, Touchscreen mobile phones, TSMC, Helio, Economy of Asia, Technology

With Helio P22, MediaTek continues to expand its Helio P series family that brings high-end features users demand to mid-tier devices.

Key Points: 
  • With Helio P22, MediaTek continues to expand its Helio P series family that brings high-end features users demand to mid-tier devices.
  • MediaTek Helio P22 which follows the successful launch of the P60 chipset earlier this year - is the first to bring the 12nm manufacturing process to the mid-range mobile segment.
  • The MediaTek Helio P22, combined with P60 and previously introduced P23 and P30 chipsets, gives MediaTek a robust portfolio to meet mid-tier market demands.
  • Built with TSMC 12nm FinFET technology, the MediaTek Helio P22 combines the most power efficient manufacturing processing brought to Android smartphones with MediaTek's CorePilot technology, allowing for sustainable high performance and power savings.

Kansai Electric Deploys Engineering Consultants Group's Anomaly Detection Software to Monitor Power Plant in Australia

Retrieved on: 
Thursday, May 17, 2018
OSIsoft, Kansai Electric Power Company, Kansai region, Kansai International Airport, Economy of Japan, Application software, Economy of Asia

AKRON, Ohio, May 17, 2018 /PRNewswire/ --Engineering Consultants Group's (ECG) Predict-It Anomaly Detection and Diagnostic Reasoning software platform has been chosen by Kansai Electric Power to use in its Remote Monitoring Center in Osaka, Japan.

Key Points: 
  • AKRON, Ohio, May 17, 2018 /PRNewswire/ --Engineering Consultants Group's (ECG) Predict-It Anomaly Detection and Diagnostic Reasoning software platform has been chosen by Kansai Electric Power to use in its Remote Monitoring Center in Osaka, Japan.
  • Kansai Electric Power has created models of major assets at the plant using Predict-It, based on prior operational data stored in Bluewaters' OSIsoft PI System data historian.
  • Kansai Electric Power anticipates a roll-out of this model used at Bluewaters' to other generating units and assets within its portfolio.
  • Kansai Electric Power, the second largest electrical power company in Japan, operates over 150 power plants with about 34GW of electric generating capacity.

VTech Announces FY2018 Annual Results

Retrieved on: 
Thursday, May 17, 2018
Learning to read, VTech, Economy of Hong Kong, Economy of China, Economy of Asia

The Group remains well-positioned for further growth," said Mr Allan Wong, Chairman and Group CEO of VTech Holdings Limited.

Key Points: 
  • The Group remains well-positioned for further growth," said Mr Allan Wong, Chairman and Group CEO of VTech Holdings Limited.
  • Despite this challenge, VTech was able to grow its ELPs revenue overall, buoyed by a strong performance in Asia Pacific.
  • Sales of VTech standalone products also rose, supported by higher sales of infant and preschool products, as well as Kidizoom Camera.
  • In April 2018, VTech signed an agreement with Pioneer Corporation under which VTech will acquire a manufacturing facility in Malaysia owned by Pioneer Technology (Malaysia) Sdn Bhd, a subsidiary of the Japanese company.

Suning Sees 46% Rise In Omni-channel Sales In Q1 As It Strengthens Smart Retail Strategy

Retrieved on: 
Wednesday, May 2, 2018
Economy of China, Suning.com, Renminbi, Economy of Asia, Economy

Together with other appealing results, the report demonstrates that the Company's innovative online-to-offline ("O2O") smart retail strategy has been a great success.

Key Points: 
  • Together with other appealing results, the report demonstrates that the Company's innovative online-to-offline ("O2O") smart retail strategy has been a great success.
  • According to the report, Suning.com generated an operating revenue of RMB 49.62 billion (approximately US$7.889 million) with a year-on-year increase of 32.76%.
  • The net profit attributable to equity shareholders of the company was RMB 111 million (approximately $17.649 million), up 42.15% year-on-year.
  • The past six quarters saw a stable growth of Suning's smart retail business, meaning that the firm has entered a new stage of development in omni-channel sales.

Investcorp in partnership with International Operator VAMED and Blue Apple Partners launches marquee investment in Abu Dhabi

Retrieved on: 
Monday, April 30, 2018
Investcorp, Abu Dhabi International Airport, Abu Dhabi, Bahrain International Airport, Arabian Peninsula, Geography of Asia, Economy of Asia

It will be built and operated by VAMED, the leading global provider of development, design and operational management services for hospitals.

Key Points: 
  • It will be built and operated by VAMED, the leading global provider of development, design and operational management services for hospitals.
  • This facility will be operated by VAMED in cooperation with Charit from Berlin, Germany, one of the leading university hospitals in Europe.
  • Mohammed Alardhi, Executive Chairman of Investcorp, said: "Investcorp has always kept a close eye on the healthcare sector in the Gulf.
  • Investcorp employs approximately 390 people across its offices in Bahrain, New York, London, Abu Dhabi, Riyadh, Doha, and Singapore.

Cirro Capital acquires a significant stake in OBOR Education Holdings Limited

Retrieved on: 
Friday, April 27, 2018
One Belt One Road Initiative, One Belt, One Road, Economy of China, Hong Kong Airlines, Economy of Asia, China

HONG KONG, April 27, 2018 /PRNewswire/ --Cirro Capital has signed an agreement to acquire significant stake in OBOR Education Holdings Limited, a Belt and Road educational company based in Hong Kong,to expand its portfolio andfurther strengthen its position within the industry.

Key Points: 
  • HONG KONG, April 27, 2018 /PRNewswire/ --Cirro Capital has signed an agreement to acquire significant stake in OBOR Education Holdings Limited, a Belt and Road educational company based in Hong Kong,to expand its portfolio andfurther strengthen its position within the industry.
  • On 22ndApril 2018,Hong Kong-based investment CompanyCirro Capitalmade a significant stake investment in OBOR Education Holdings Limited, a provider of educational Belt and Road business resources for Chinese entrepreneurs.
  • This is the third acquisition by Cirro Capital that has been part of a proactiveeffort seeking high-value companies and projects inBelt and Road regions.
  • With these newly acquired resources and vast networks, Cirro Capital's influence over the Belt and Road region has been given a significant boost.