Samsung

Despite Clouds of Macro-Economic Uncertainties, Enhanced 5G Infrastructure, New Form Factors, and AI Chipset Advancements Drive Consumer Technology Devices Growth in 2023

Retrieved on: 
Wednesday, June 21, 2023

"In smartphones, the replacement cycle followed by the migration to 5G smartphones and eagerness to embrace new form factors like foldable devices will be the main growth drivers for accelerating adoption in 2023.

Key Points: 
  • "In smartphones, the replacement cycle followed by the migration to 5G smartphones and eagerness to embrace new form factors like foldable devices will be the main growth drivers for accelerating adoption in 2023.
  • With the rapid increase of AI in various verticals, innovation and use cases will accelerate the growth in end markets for various consumer technology verticals.
  • Business professionals in the consumer technology world must embrace AI to leverage its potential, drive innovation, and gain a competitive edge," explains Sachin Mehta, Senior Analyst, Consumer Technologies, at ABI Research.
  • This comes at a time when there are also some specific concerns about addressing inventory management and reduced consumer spending.

Despite Clouds of Macro-Economic Uncertainties, Enhanced 5G Infrastructure, New Form Factors, and AI Chipset Advancements Drive Consumer Technology Devices Growth in 2023

Retrieved on: 
Wednesday, June 21, 2023

"In smartphones, the replacement cycle followed by the migration to 5G smartphones and eagerness to embrace new form factors like foldable devices will be the main growth drivers for accelerating adoption in 2023.

Key Points: 
  • "In smartphones, the replacement cycle followed by the migration to 5G smartphones and eagerness to embrace new form factors like foldable devices will be the main growth drivers for accelerating adoption in 2023.
  • With the rapid increase of AI in various verticals, innovation and use cases will accelerate the growth in end markets for various consumer technology verticals.
  • Business professionals in the consumer technology world must embrace AI to leverage its potential, drive innovation, and gain a competitive edge," explains Sachin Mehta, Senior Analyst, Consumer Technologies, at ABI Research.
  • This comes at a time when there are also some specific concerns about addressing inventory management and reduced consumer spending.

TIME Reveals its 2023 List of the TIME100 Most Influential Companies in the World

Retrieved on: 
Wednesday, June 21, 2023

NEW YORK, June 21, 2023 /PRNewswire/ -- Today, TIME reveals the third annual TIME100 Most Influential Companies list, highlighting businesses and leaders shaping our future.

Key Points: 
  • NEW YORK, June 21, 2023 /PRNewswire/ -- Today, TIME reveals the third annual TIME100 Most Influential Companies list, highlighting businesses and leaders shaping our future.
  • – See the complete 2023 TIME100 Most Influential Companies list, videos and photos: time.com/100companies
    – See the TIME100 Most Influential Companies covers: https://bit.ly/43JbL2q
    To assemble the list, TIME solicited nominations across sectors, and polled its global network of contributors and correspondents, as well as outside experts.
  • TIME Chief Executive Officer Jessica Sibley said: "The annual TIME100 Companies list demonstrates that businesses can be an agent for change.
  • https://bit.ly/3X98xTn
    HIGHLIGHTS FROM THE 2023 TIME100 COMPANIES LIST:
    The 2023 TIME100 Most Influential Companies features more companies in Artificial Intelligence and Sustainability than ever before.

Global FAST (Free Ad-Supported Streaming) Market Report 2023: United States will Add Nearly $6 billion Between 2022 and 2028 - or Half of the World's $12 Billion Additional Revenues

Retrieved on: 
Wednesday, June 21, 2023

Global FAST revenues for TV series and movies will reach $18 billion in 2028, triple from $6 billion in 2022.

Key Points: 
  • Global FAST revenues for TV series and movies will reach $18 billion in 2028, triple from $6 billion in 2022.
  • The US will contribute 55% to the 2028 total; down from 67% in 2022.
  • The US will add nearly $6 billion between 2022 and 2028 - or half of the world's $12 billion additional revenues.
  • Its global revenues will reach $4.2 billion by 2028, quadruple from $1.1 billion in 2022.

IDTechEx Asks if Immersive Wireless Audio Is the Gateway to an AR/VR Hardware Ecosystem

Retrieved on: 
Wednesday, June 21, 2023

Gaming is a particularly good application for even more advanced audio features, for example, spatial audio.

Key Points: 
  • Gaming is a particularly good application for even more advanced audio features, for example, spatial audio.
  • Although many major manufacturers already include immersive audio functionality like spatial audio, console-specific earbuds packed with the latest features to enhance the gaming experience are still likely to attract platform-loyal customers.
  • As such, earbuds are a natural extension of the existing hardware ecosystem of controllers and wearable technology on offer.
  • In the short term, releasing gaming-specific audio hardware is an essential strategy to maintain market share as demand grows for immersive features such as noise cancellation, spatial, and perhaps loss-less audio.

IDTechEx Asks if Immersive Wireless Audio Is the Gateway to an AR/VR Hardware Ecosystem

Retrieved on: 
Wednesday, June 21, 2023

Gaming is a particularly good application for even more advanced audio features, for example, spatial audio.

Key Points: 
  • Gaming is a particularly good application for even more advanced audio features, for example, spatial audio.
  • Although many major manufacturers already include immersive audio functionality like spatial audio, console-specific earbuds packed with the latest features to enhance the gaming experience are still likely to attract platform-loyal customers.
  • As such, earbuds are a natural extension of the existing hardware ecosystem of controllers and wearable technology on offer.
  • In the short term, releasing gaming-specific audio hardware is an essential strategy to maintain market share as demand grows for immersive features such as noise cancellation, spatial, and perhaps loss-less audio.

Elliott Issues Statement Regarding Successful Outcome of Republic of Korea Arbitration Case

Retrieved on: 
Tuesday, June 20, 2023

WEST PALM BEACH, Fla., June 20, 2023 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today issued the following statement regarding the outcome of its arbitration case against the Republic of Korea regarding Elliott's investment in Samsung C&T:

Key Points: 
  • Victory for Elliott Shows Harm Done to Investors by Corrupt Relationships between Government Officials, Chaebol
    WEST PALM BEACH, Fla., June 20, 2023 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today issued the following statement regarding the outcome of its arbitration case against the Republic of Korea regarding Elliott's investment in Samsung C&T:
    We believe that the Tribunal's decision is solidly supported by the facts of this case – facts that have been proven and acknowledged widely over the past few years, including by the Republic of Korea's own courts and prosecutors.
  • Elliott was awarded approximately US $108.5 million, representing its damages, interest, and legal fees and costs.
  • In addition, we hope that, as a result, Korea will become a more transparent and reliable destination for foreign investments.
  • More information regarding this matter can be found on the website of the Permanent Court of Arbitration by following the link below:

Elliott Issues Statement Regarding Successful Outcome of Republic of Korea Arbitration Case

Retrieved on: 
Tuesday, June 20, 2023

WEST PALM BEACH, Fla., June 20, 2023 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today issued the following statement regarding the outcome of its arbitration case against the Republic of Korea regarding Elliott's investment in Samsung C&T:

Key Points: 
  • Victory for Elliott Shows Harm Done to Investors by Corrupt Relationships between Government Officials, Chaebol
    WEST PALM BEACH, Fla., June 20, 2023 /PRNewswire/ -- Elliott Investment Management L.P. ("Elliott"), today issued the following statement regarding the outcome of its arbitration case against the Republic of Korea regarding Elliott's investment in Samsung C&T:
    We believe that the Tribunal's decision is solidly supported by the facts of this case – facts that have been proven and acknowledged widely over the past few years, including by the Republic of Korea's own courts and prosecutors.
  • Elliott was awarded approximately US $108.5 million, representing its damages, interest, and legal fees and costs.
  • In addition, we hope that, as a result, Korea will become a more transparent and reliable destination for foreign investments.
  • More information regarding this matter can be found on the website of the Permanent Court of Arbitration by following the link below:

Flanders Scientific and Zunzheng Digital Video Introduce the XMP550 HDR Mastering Monitor, Showcasing Revolutionary QD-OLED Technology

Retrieved on: 
Tuesday, June 20, 2023

LOS ANGELES, June 20, 2023 /PRNewswire/ -- Flanders Scientific and joint venture partner Zunzheng Digital Video are thrilled to unveil the world's first professional QD-OLED mastering monitor, the XMP550.

Key Points: 
  • LOS ANGELES, June 20, 2023 /PRNewswire/ -- Flanders Scientific and joint venture partner Zunzheng Digital Video are thrilled to unveil the world's first professional QD-OLED mastering monitor, the XMP550.
  • The XMP550 has astounded professional colorists, editors, and cinematographers with its reference-grade HDR image, surpassing the image quality traditionally associated with smaller professional HDR monitors.
  • The XMP550 is a 55" UHD resolution HDR/SDR reference mastering monitor built around a groundbreaking new QD-OLED panel.
  • With the introduction of the XMP550, Flanders Scientific and Zunzheng Digital Video aim to spearhead the adoption of QD-OLED as the premier display technology for professional content creation across all form factors.

IoT In Education Market Zooms Towards Billion-Dollar Valuation: Estimated to Reach USD 26.80 Billion by 2028: Verified Market Research®

Retrieved on: 
Tuesday, June 20, 2023

JERSEY CITY, N.J., June 20, 2023 /PRNewswire/ -- The Global IoT In Education Market is projected to grow at a CAGR of 20.06% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 6.05 Billion in 2020 and is expected to reach USD 26.80 Billion by the end of the forecast period.

Key Points: 
  • The report provides an in-depth analysis of the global IoT In Education Market, including its growth prospects, market trends, and market challenges.
  • The report reveals that the market was valued at USD 6.05 Billion in 2020 and is expected to reach USD 26.80 Billion by the end of the forecast period.
  • The IoT in Education Market is set to experience significant growth in the coming years, fueled by a strong emphasis on enhancing operational efficiencies and managing connected devices.
  • Based on the research, Verified Market Research® has segmented the global IoT In Education Market into Hardware, Solution, Service, Application, End-User Industry, And Geography.