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Daily Archives: February 13, 2019

Favored Tech Introduces Revolutionary Protective Coating Solution for the Latest Generation of Flexible Screens

CUPERTINO, Calif., Feb. 13, 2019 (GLOBE NEWSWIRE) — Favored Tech, a leading provider for the next generation of multi-functional Nano protection technology for an ever-growing world of electronic devices, today introduced its ground-breaking solution, Flexible Diamond Coating, which provides a protective coating for the latest generation of flexible screens, mobile device screens, 3D glasses, plastic covers, housing and wearable device screens. Favored Tech will be exhibiting this state-of-the-art solution at Mobile World Congress, Feb. 25 – 28, Barcelona Spain, Booth No. CS122, at the Congress Square Convention Center.

“Flexible display technology has finally come into its own by offering lightweight, flexible, brighter screen options that use less power,” said James Zong, Founder, CEO and President, Favored Tech. “By leveraging fullerene technology, our solution provides manufacturers with a coating that significantly increases the hardness of all types of screens including flex screens, making them substantially more durable and extending their use.”

Electronic displays that fold, roll and bend have arrived after years of development and with them, a number of challenges still exist including being prone to scratching and decreased durability. The screen remains the number one component that gets damaged on electronic devices and flex screens have already been shown to have even higher damage rates. Favored Tech’s patent-pending coating solution provides a seamless, hard coating that enhances shock resistance yet does not adversely impact the screen’s flexibility. Very importantly, the transparency and color of the glass remains unaffected. Finally, the new process can be used alone or in concert with other Favored Tech coating solutions to provide all the protection devices require.

The Company designs and manufactures all the equipment needed for mass production with a process that uses rapid coating cycles of just 30 minutes.

About Favored Tech
Founded in Wuxi, China in 2016 and launched in the United States at CES19, Favored Tech delivers the industry’s most advanced level of coating solution for water protection (IPX2-IPX8), humidity protection, anti-corrosion, liquid repellent, mold and sweat protection with negligible impact on conductivity, heat dissipation, and signal transmission. The Company has more than 40 patents issued and is the recipient of Huawei Award’s Y2018 Excellent Quality Apparatus and Equipment Supplier. The Company is headquartered in Wuxi, China with offices in Shenzhen, China and Cupertino, California. www.favoredtech.com.

Contact: Phyllis Guo
+ 1 408 203 4105
media@favoredtech.com

Ascom enables new mobile digital workflow and communication optimization with launch of Ascom MycoTM 3 smartphone

New device supports the flow of critical information to enable optimal decisions and responses anywhere, anytime.

BAAR, Switzerland, Feb. 13, 2019 (GLOBE NEWSWIRE) — Ascom (SWX:ASCN.SW), a leading provider of ICT and mobile workflow solutions for healthcare and enterprise, has announced the introduction of the Ascom Myco 3 smartphone. Part of the Ascom Healthcare Platform, the Ascom Myco 3 smartphone works with software, apps and integrated devices to optimize digital mobile workflows. The Ascom Myco 3 is being unveiled and demonstrated at HiMSS19, the global conference and exhibition of the Healthcare Information and Management Systems Society, held February 11-15 in Orlando, Florida.

“This launch marks a significant expansion of our mobility solutions offering,” says Ascom CEO Holger Cordes. “It also underlines our strategic commitment to digital mobile workflow optimization and deep integration in healthcare and other sectors.” The new Ascom Myco 3 smartphone is an Android™ device supported by orchestration software that enables interoperability with Electronic Health Record (EHR) solutions and a wide range of alert, task and alarm management systems. The smartphone works with apps and software to transform fragmented data into actionable information—then puts it in the hands of highly mobile staff to help improve efficiency and patient/customer satisfaction. “In short,” adds Cordes, “the Ascom Myco 3 represents a major step forward in our mission to bridge digital communication and coordination gaps in mobile healthcare and enterprise workflows.”

The Ascom Myco 3 is a 5” full HD smartphone that supports workflows in healthcare and other enterprise settings. Google™ certified, the phone provides easy access to the world’s largest app library. The Ascom Myco 3 also features a true hot swappable battery that can be changed without powering down the device or exiting apps. “Our customers,” comments Cordes, “need a smartphone that combines the ease-of-use of the familiar Android OS with enterprise-grade security and reliability—and that integrates smoothly with healthcare and enterprise apps and systems such as EHRs.”

Following its initial unveiling at HiMSS19, the new smartphone will be rolled out at a series of events worldwide during the first half of 2019. “The Ascom Myco 3 is already generating excitement and interest,” says Cordes. “We’re thrilled to be presenting and demonstrating it during the next few months—showing how it works with other elements from our platform solutions to positively impact workflows and productivity for the customers we support in healthcare, industry, retail, hospitality and other sectors.”

Google and Android are trademarks of Google LLC.

Ascom is a global solutions provider focused on healthcare ICT and mobile workflow solutions. The vision of Ascom is to close digital information gaps allowing for the best possible decisions – anytime and anywhere. Ascom’s mission is to provide mission-critical, real-time solutions for highly mobile, ad hoc, and time-sensitive environments. Ascom uses its unique product and solutions portfolio and software architecture capabilities to devise integration and mobilization solutions that provide truly smooth, complete, and efficient workflows for healthcare as well as for industry and retail sectors.

Ascom is headquartered in Baar (Switzerland), has operating businesses in 18 countries and employs around 1,300 people worldwide. Ascom registered shares (ASCN) are listed on the SIX Swiss Exchange in Zurich.

Ascom Group Media Office, Daniel Lack, Senior VP Legal & Communications / IR
+41 41 544 78 10, daniel.lack@ascom.com

Negeri Sembilan govt expediting implementation of state’s budget 2019

SEREMBAN, The state government is expediting the implementation of every item allocated under the Negeri Sembilan 2019 Budget, among them the RM50 school bus fare aid or the ‘N9 Schoolchildren Aid’ for poor students, said Menteri Besar Datuk Seri Aminuddin Harun.

He said although every plan and initiative that had been announced was being carried out, they should be expedited for the benefit of the people.

For example, the school bus fare aid for poor students was implemented on Jan 31, but it is taking us some time to collate the data of the 1,500 students eligible for it. Anyway, we are almost done and will speed it up. We will make sure the aid is backdated when it is disbursed.

Source: BERNAMA (News Agency)

PSM picks Youth wing committee member as candidate for Semenyih by-election

SEMENYIH, Parti Sosialis Malaysia (PSM) has picked its Youth wing committee member Nik Aziz Afiq Abdul, 25, as the candidate for the by-election for the Semenyih state constituency.

PSM Central Committee (CC) member S. Arutchelvan , who made the announcement here today, said Nik Aziz was a very good choice because he would best represent the voters as 45 per cent of them were below 40 years.

Present during the announcement were PSM president Dr Nasir Hashim, CC member Dr Michael Jeyakumar and Youth wing chief Khalid Ismath.

Source: BERNAMA (News Agency)

How Putrajaya’s new economic council can tackle rising cost of living

PETALING JAYA: Stakeholders and experts have suggested a number of measures for the government’s new Economic Action Council to help combat the rising cost of living.

The 16-member council, chaired by the prime minister, will examine and make decisions on economic and financial matters as well as look into problems faced by the public.

Yeah Kim Leng, a lecturer at Sunway University Business School, suggested reducing the cost of doing business by cutting down on red tape.

The government can also help players in key sectors like telecommunications, education, medical care and housing with initiatives which reduce their costs and increase their productivity, he added.

The ultimate goal of such measures, he said, would be cost savings which would translate into lower prices for the people.

The Institute for Democracy and Economic Affairs (IDEAS) meanwhile urged the government to avoid price controls and blanket subsidies.

IDEAS chief executive Ali Salman proposed that the government instead lower the cost of public transport, communications and housing by encouraging more competition in these sectors.

He also called on the government to simplify the recruitment process for foreign workers, saying the existing mechanism is too costly and complex which contributes to the hiring of illegal immigrants.

This, in turn, would lead to lower wages for legal workers in industries like construction and agriculture, he said.

Bringing in formalised labour will put pressure on employers to increase wages, he said, adding that this would help ease the cost of living.

Consumers’ Association of Penang president SM Mohamed Idris proposed increasing tax for those earning higher incomes and using these funds to boost public services through the construction of more hospitals, among others.

The government should also consider providing more incentives for farming to boost the supply of local produce to help bring down their prices, he told FMT.

He also urged consumers to change their spending habits by cutting down on unnecessary purchases.

Speaking on concerns related to health costs, the Galen Centre for Health and Social Policy said the government should support public-private partnership initiatives to make use of under-utilised private healthcare resources.

Some 70% of healthcare in the country is delivered by the public sector but is served by just 45% of all registered doctors. The private sector caters to only about 30% of the population but is made up of around 55% of all registered doctors, said Galen CEO Azrul Mohd Khalib.

Noting the problem of overcrowding at public hospitals, which often see long waiting times and delays in treatment, he said the private sector is presently under-utilised.

Many private hospitals only utilise 20% of their beds most of the time. This is a severe imbalance, he added.

Felda activist Mazlan Aliman said an increase in settlers’ income would help reduce the impact of cost of living and the fall in commodity prices.

Planting crops on unused land, meanwhile, could help prevent total dependence on commodities, he said.

He also suggested that the space between felled palm trees be used to plant other crops such as watermelons and pineapples.

Bumiputera Retailers Organisation vice-president Ameer Ali Mydin however cautioned that more expenditure is needed to combat the rising costs.

Don’t spend money wastefully, but spend some money, he said.

Ameer, who is managing director of the Mydin chain of hypermarkets, also suggested that the government reduce intervention in the market.

He gave the example of sugar, where the retail price is controlled by the government at RM2.85 per kg. If left to market forces, he said, the price could drop.

Malaysian Trades Union Congress secretary-general J Solomon said the government should abolish the National Higher Education Fund Corporation and provide free education for the Bottom 40 (B40) and Middle 40 (M40) groups.

He said the time was right for the government to move from a minimum wage to a living wage, to allow workers to meet their basic economic needs.

Source: Malaysian Trades Union Congress

Malaysian Company Plans To Invest In Furniture Factory In Southern Myanmar

YANGON, Myanmar, Feb 13 (NNN-MNA) � A Malaysian company is planning to invest in building an acacia mangium furniture factory, in Myanmar’s Bago region, the official Global New Light of Myanmar, reported today (Wednesday).

The unidentified Malaysian company projects will buy 3,000 tonnes of raw material of acacia mangium per year, from the Myanmar Acacia Mangium Production Association, and a feasibility study is being made, to find out if enough raw materials can be supplied from across the country’s plantations, according to the report.

To make finished products with acacia mangium, Myanmar needs to have a supply of 15,000 acres (6,075 hectares) of acacia mangium per year, said U Myo Ko Ko Thein, chairman of the association.

According to him, there are over 30,000 acres of acacia mangium plantations in Myanmar.

Acacia mangium can be used to make flooring, A4-sized paper and other personal goods.

According to official figures, over 1.8 billion U.S. dollars’ investment from 85 foreign enterprises had entered Myanmar’s Bago region, as of Dec, 2018.

Manufacturing sector topped the list with 1.4 billion dollars foreign investments, followed by onshore petroleum enterprise and agriculture sector in the region.

Meanwhile, the region also attracted 946 billion kyats (610.3 million U.S. dollars) domestic investment, so far.

The new Myanmar Investment Law, introduced on Aug 1, 2018, allows foreign investors to take up 35 percent of local companies.

Under the new investment law, investment with capital not exceeding five million U.S. dollars can be permitted by regional and states authorities of the Directorate of Investment and Company Administration.� NNN-MNA

Source: NAM News Network

Malaysian Company Plans To Invest In Furniture Factory In Southern Myanmar

YANGON, Myanmar, Feb 13 (NNN-MNA) � A Malaysian company is planning to invest in building an acacia mangium furniture factory, in Myanmar’s Bago region, the official Global New Light of Myanmar, reported today (Wednesday).

The unidentified Malaysian company projects will buy 3,000 tonnes of raw material of acacia mangium per year, from the Myanmar Acacia Mangium Production Association, and a feasibility study is being made, to find out if enough raw materials can be supplied from across the country’s plantations, according to the report.

To make finished products with acacia mangium, Myanmar needs to have a supply of 15,000 acres (6,075 hectares) of acacia mangium per year, said U Myo Ko Ko Thein, chairman of the association.

According to him, there are over 30,000 acres of acacia mangium plantations in Myanmar.

Acacia mangium can be used to make flooring, A4-sized paper and other personal goods.

According to official figures, over 1.8 billion U.S. dollars’ investment from 85 foreign enterprises had entered Myanmar’s Bago region, as of Dec, 2018.

Manufacturing sector topped the list with 1.4 billion dollars foreign investments, followed by onshore petroleum enterprise and agriculture sector in the region.

Meanwhile, the region also attracted 946 billion kyats (610.3 million U.S. dollars) domestic investment, so far.

The new Myanmar Investment Law, introduced on Aug 1, 2018, allows foreign investors to take up 35 percent of local companies.

Under the new investment law, investment with capital not exceeding five million U.S. dollars can be permitted by regional and states authorities of the Directorate of Investment and Company Administration.� NNN-MNA

Source: NAM News Network