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POET Technologies Reports Second Quarter 2022 Financial Results

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Monday, August 8, 2022 - 10:45pm

TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2022.

Key Points: 
  • TORONTO, Aug. 08, 2022 (GLOBE NEWSWIRE) -- POET Technologies Inc. (POET or the Company) (TSX Venture: PTK; NASDAQ: POET), the designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PICs) for the data center and tele-communication markets, today reported its unaudited condensed consolidated financial results for the second quarter ended June 30, 2022.
  • The Company had finance costs of $13,000 in the second quarter of 2022 compared to $95,000 in the second quarter of 2021 and $14,000 in the first quarter of 2022.
  • Non-cash impact of joint venture in the second quarter of 2022 was ($0.7) million compared to nil in the same period of 2021 and ($0.4) million in the first quarter of 2022.
  • Cash flow from operating activities in the second quarter of 2022 was ($3.3) million compared to ($2.7) million in the second quarter of 2021 and ($3.7) million in the first quarter of 2022.

Cemtrex to Host Third Quarter 2022 Financial Results Conference Call on August 15th

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Monday, August 8, 2022 - 9:45pm

These forward-looking statements are based on managements current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements.

Key Points: 
  • These forward-looking statements are based on managements current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward looking statements.
  • Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date.
  • These risks and uncertainties are discussed under the heading Risk Factors contained in our Form 10-K filed with the Securities and Exchange Commission.
  • All information in this press release is as of the date of the release and we undertake no duty to update this information unless required by law.

Gaming Market Size Worth $504.29 Billion by 2030: Grand View Research, Inc.

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Monday, August 8, 2022 - 6:15pm

Multiplayer gaming has enhanced the gaming experience as it allows players to interact with each other and has fueled the growth of the gaming industry.

Key Points: 
  • Multiplayer gaming has enhanced the gaming experience as it allows players to interact with each other and has fueled the growth of the gaming industry.
  • The driving factors such as technological developments and high-end displays providing rich experience are expected to fuel the market growth.
  • Read 171 page full market research report, " Gaming Market Size, Share & Trends Analysis Report By Device (Console, Mobile, Computer), By Type (Online, Offline), By Region (North America, Europe, APAC, LATAM, MEA), And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
  • Grand View Research has segmented the global gaming market based on device, type, and region:
    Gaming Market - Device Outlook (Revenue, USD Billion, 2018 - 2030)

Gaming Market Size Worth $504.29 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Monday, August 8, 2022 - 6:15pm

Multiplayer gaming has enhanced the gaming experience as it allows players to interact with each other and has fueled the growth of the gaming industry.

Key Points: 
  • Multiplayer gaming has enhanced the gaming experience as it allows players to interact with each other and has fueled the growth of the gaming industry.
  • The driving factors such as technological developments and high-end displays providing rich experience are expected to fuel the market growth.
  • Read 171 page full market research report, " Gaming Market Size, Share & Trends Analysis Report By Device (Console, Mobile, Computer), By Type (Online, Offline), By Region (North America, Europe, APAC, LATAM, MEA), And Segment Forecasts, 2022 - 2030 ", published by Grand View Research.
  • Grand View Research has segmented the global gaming market based on device, type, and region:
    Gaming Market - Device Outlook (Revenue, USD Billion, 2018 - 2030)

Centric Partners With HEALM Metaverse for Play-To-Earn Rewards in a Worldwide Crypto Treasure Hunt

Retrieved on: 
Monday, August 8, 2022 - 5:15pm

LONDON, Aug. 8, 2022 /PRNewswire-PRWeb/ -- Centric's COO Tommy Butcher announced a new partnership with HEALM, a metaverse project. HEALM is developing an augmented reality (AR) mobile application that will allow players to find and unlock treasure chests containing cryptocurrencies and non-fungible tokens (NFTs). Centric's flagship token, Centric Rise (CNR), will be placed within virtual treasure chests and airdropped around the world. Players will use the AR mobile application to discover the treasure chests and claim the tokens.

Key Points: 
  • LONDON, Aug. 8, 2022 /PRNewswire-PRWeb/ -- Centric's COO Tommy Butcher announced a new partnership with HEALM , a metaverse project.
  • HEALM is developing an augmented reality (AR) mobile application that will allow players to find and unlock treasure chests containing cryptocurrencies and non-fungible tokens (NFTs).
  • Centric's flagship token, Centric Rise (CNR), will be placed within virtual treasure chests and airdropped around the world.
  • "While most metaverses and P2E games mint their own tokens for player rewards, HEALM provides rewards in multiple cryptos.

ACF Integrates Perfect Corp.’s Market-Leading AI-Powered Skin Diagnostic Technology to Provide Personalized Skincare Product Recommendations

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Monday, August 8, 2022 - 5:01pm

Through this partnership, ACF will integrate Perfect Corp.s AI-powered Skin Diagnostic technology that enables an assessment of key skin concerns, including wrinkles, moisture, and redness, and provide each customer with a skincare regimen customized to their individual needs.

Key Points: 
  • Through this partnership, ACF will integrate Perfect Corp.s AI-powered Skin Diagnostic technology that enables an assessment of key skin concerns, including wrinkles, moisture, and redness, and provide each customer with a skincare regimen customized to their individual needs.
  • View the full release here: https://www.businesswire.com/news/home/20220808005548/en/
    ACF Integrates Perfect Corp.'s Market-Leading AI-Powered Skin Diagnostic Technology to Provide Personalized Skincare Product Recommendations (Graphic: Business Wire)
    ACF provides its customers with the latest innovations in skincare.
  • By leveraging Perfect Corp.s AI-powered Skin Diagnostic technology, ACF can guarantee personalized product recommendations, tailored to each customers individual skin concerns.
  • To discover expert AI skin technology insights and unlock powerful ROI secrets, read Perfect Corp.s Complete Guide to AI Skin Technology .

Inventec's O-RAN convention showcases 5G smart factory applications with a supply chain alliance

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Monday, August 8, 2022 - 4:00pm

TAIPEI, Aug. 8, 2022 /PRNewswire/ -- Leveraging its strength in cloud infrastructure, leading server contract manufacturer Inventec (2356) continues to invest in developing 5G smart factory applications with O-RAN technology and actively collaborates with supply chain partners to continue to grow the 5G vertical ecosystem from a system integration perspective.

Key Points: 
  • TAIPEI, Aug. 8, 2022 /PRNewswire/ -- Leveraging its strength in cloud infrastructure, leading server contract manufacturer Inventec (2356) continues to invest in developing 5G smart factory applications with O-RAN technology and actively collaborates with supply chain partners to continue to grow the 5G vertical ecosystem from a system integration perspective.
  • By participating in O-RAN activities and operations, Inventec has completed assembly line level verification in the 5G smart factory field in the first half of 2022, and will provide 5G end-to-end solutions for the manufacturing industry to achieve the goal of digital transformation.
  • Inventec will invite more eco-partners to participate in the integration test and join the vertical domain to move towards the new blue ocean of the 5G industry.
  • With the advent of the 5G generation, Inventec will expand its capabilities in 5G private network system integration and architecture, transforming its world-class manufacturing facilities into 5G smart factories.

CCV, one of China's leading venture capital funds, affirms support for hard tech startups and China's globally-focused entrepreneurs despite changing environment

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Monday, August 8, 2022 - 2:30pm

BEIJING, Aug. 8, 2022 /PRNewswire/ -- WeiZhou, the founder and managing partner of venture capital firm CCV, said in a recent GoldmanSachs panel that his firm would intensify its focus on deep tech in China and Chinese startups with global potential.

Key Points: 
  • Wei's prediction echoes the Chinese government's 14th Five-Year Plan (2021-2025), which made advanced manufacturing upgrades a top priority.
  • However, according to Wei, entrepreneurs and investors are not moving into deep tech because of policy or tightened regulations.
  • Its founder, Wei Zhou, is one of China's most successful venture capitalists in technology and a former managing partner at KPCB China.
  • He has been honored as Fortune's Most Influential Venture Capitalist and a Leading Chinese Venture Capitalist by the Financial Times.

HTC's Virtual Production Solution VIVE Mars CamTrack Hits the Market

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Monday, August 8, 2022 - 2:00pm

SEATTLE, Aug. 8, 2022 /PRNewswire/ -- Starting August 8, 2022, HTC's new virtual production product VIVE Mars CamTrack is available for general purchase in the US, Canada, and Europe, with availability in Australia, China, Japan, South Korea, and Taiwan to follow in the coming months. VIVE Mars CamTrack enables studios of all sizes to create professional-grade virtual production content more easily, flexibly, and affordably than ever before.

Key Points: 
  • VIVE Mars CamTrack enables studios of all sizes to create professional-grade virtual production content more easily, flexibly, and affordably than ever before.
  • In addition to expanding the commercial availability of VIVE Mars CamTrack, the Mars team has also added support for the popular FreeD protocol to better serve the virtual production community.
  • VIVE Mars CamTrack has the following highlights:
    Plug-and-play with FreeD and Unreal Engine's LiveLink, with no additional installation required
    Includes a full suite of professional-grade features at an affordable price, lowering the barrier of entry for studios of all sizes to leverage virtual production
    "We're excited to see the amazing content that the virtual production community will create with VIVE Mars CamTrack," said Raymond Pao, Senior Vice President at HTC VIVE.
  • VIVE Mars CamTrack will be shown during the SIGGRAPH 2022 conference in Vancouver, Canada, in cooperation with Departure Lounge and Arcturus .

DDPAI Z50 4KDUALDASH CAM LAUNCH

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Monday, August 8, 2022 - 2:00pm

SHENZHEN, China, Aug. 8, 2022 /PRNewswire/ -- On August 8th, DPPAI unveils the Z50 dash cam model, As in Z-series, continues the preview screen and sleek design but upgraded details with powerful performance. The finer, the mightier.

Key Points: 
  • The DDPAI Z50 comes with a front and a rear camera to record front and back views simultaneously for double safety.
  • With advanced color boost algorithms and NightVIS technology, Z50 records with sharper details, balanced lighting, and vivid color even in dark conditions.
  • 9-year expertise in dash cam industry and automotive field, DDPAI is the first one to propose the concept of a social sharing dash cam.
  • now DDPAI has become top three dash cam brand in China.