Will hold investor presentation and meetings at St. Regis Beijing, September 16th HONG KONG, August 29, 2014 /PRNewswire/ -- UTSTARCOM HOLDINGS CORP. (NASDAQ: UTSI) announced today that it has been sele...Read More »
- Ensuring Relevance in a Mobile, Quantified, and Augmented World
LONDON, Aug. 29, 2014 /PRNewswire/ -- Frost & Sullivan will share insights on the most important trends in the European mobile industry and how they will affect existing value chains and business models. We highlight important developments and what they mean for your business.
The conference will be followed by a live question-and-answer session that will take place on Tuesday, 9 September 2014 at 3 p.m. BST.
Frost & Sullivan's Information and Communication Technologies experts Senior Analyst Sheridan Nye and Consultant Lawrence Lundy will highlight the critical developments, the changing value, and growth in the Europe's mobile industry. This online conference will:
- Explore advancements in mobile devices, including health monitoring and wireless transactions
- Identify the disruptive threats and opportunities
- Recommend strategies on how operators can adapt and remain relevant
"Mobile operators face multiple challenges in an intensely competitive environment where once-reliable sources of profit are fast evaporating. One way to fend off the threats is to emulate their fiercest competitors. This means looking 'inside-out' to become more agile digital businesses," explains Sheridan Nye.
Mobile ecosystem participants need to prepare for the quantified and automated world. "When data is the currency of the future, the only sustainable competitive advantage is trust," emphasizes Lawrence Lundy.
To participate in this complimentary web conference, please email Edyta Grabowska Corporate Communications, at edyt[email protected] with your full contact details. Upon receipt of the above information, a registration link will be e-mailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Corporate Communications – Europe
P: +48 22 481 62 03
E: [email protected]
Beijing, Aug. 29, 2014 /PRNewswire/ -- In the era of mobile Internet, our way of life is undergoing dramatic changes. Do you want to set up a home entertainment center in the cloud? Do you want secure on-line finance anytime anywhere? Do you want to protect the safety of your house via Internet of Things? Do you want to manage your health with wearables? If the answers are "Yes", you cannot miss PT/EXPO COMM CHINA 2014.
On September 23rd, PT/EXPO COMM CHINA 2014 will unveil itself in Beijing China International Exhibition Center. With a big stage of 45,000 m2, more than 500 global giants will lead you "into the future" such as China Telecom, China Mobile, China Unicom, Potevio, Datang Telecom, FiberHome Technologies, ZTE, Huawei, NEC, NOKIA, Changfei, Hengtong, UNION VOOLE, Samsung, Sony, CNTV, Tencent, Sina, Netease, Ali Telecom, FunTalk, Telling, Soshare Mobile, Suning Mobile, Gome.com.cn and 35.com.
New themes getting closer to you
Science and technology are developing by leaps and bounds. The Expo abandons out-of-date ideas and absorbs new concepts. It will launch two thematic areas, i.e. "Smart Life Pavilion" and "Virtual Operator Pavilion", which will push new concepts closer to you.
Recently, China Telecom partnered with FiberHome to form the smart home industrial alliance, while Huawei and other companies initiated the smart home entertainment alliance. Although they have different priorities, both focus on establishing a "One Cloud and Multiple Screens" smart entertainment ecosystem, which will enable users to pay for water and electricity bills, check traffic violation, and enjoy cloud video, cloud games and cloud education at home.
Under the evolution of 4G, cloud computing and big data technologies, ZTE thinks SMART2.0 has come. Smart phones, home appliances and smart wearables will understand human demands gradually, which will bring about values beyond our expectation. China Mobile launched In-Sim card targeting at the Internet of Things, so that consumers could easily enjoy smart healthcare, Internet of Vehicles and NFC payment.
We all have a vision for smart life. Virtual operators are also trying to have a share of the pie. The Expo especially creates "170 Virtual Operator Pavilion" with the theme of "Debut, Convergence and Win-win Cooperation -- Virtual Operators at your Side". The pavilion covers 5,000 m2. Brands will no longer compete on price, but rather on differentiation. Various value-added services such as "Smart Mobile Health", "Smart Transportation" and "Smart Community" are launched for the practical benefits of consumers.
Incumbents revitalize on their accumulated strengths
2014 marks the very first year for 4G. The reform in the telecom sector is speeding up. While basic telecom services are reaching the ceiling, incumbents in the market are actively exploring new industries such as mobile Internet, Internet of Things, optical communications and information security, which are taking effect.
Take time-honored Potevio for example, with innovation, it has transformed itself from a traditional manufacturer to an integrated information service provider. To our knowledge, Potevio's self-developed TD-LTE4G system has integrated functions such as communications, broadcasting and visualized emergency command and control, which has laid out its smart city blueprint for regions like Yinchuan.
Hall 4 is "Special Pavilion for Optical Communications and Tests". Here we could experience the optical network cities strategies designed by the three operators and learn more about the latest progress of Broadband China. Secure and fast optical communications could eliminate blind areas for mines and airplanes, and prevent the information leakage in areas like military affairs, national security and smart home. With the further enhancements of skills, we would be capable of embracing more possibilities in our life.
Industry insiders have pointed out that PT/EXPO COMM CHINA co-organized by MIIT and CCPIT is a leading Gala Event in APAC. It has attracted outstanding companies from more than ten countries and regions including the mainland, Hong Kong, Taiwan, Canada, UK, Finland, Germany, Israel, Japan, Korea, Sweden and US, whose new releases will define the trends of the industry to a large extent.
Pre-registration, New experience
The theme of "Getting New Concepts Closer to You" has attracted huge visitor to the events, especially industry outsiders. They have shown tremendous interests in new themes such as "Smart Life Pavilion", and just could not wait to experience cutting-edge technologies yet to be launched.
According to the events manager, people can now log on to the official website for pre-registration to secure free access and opportunity to become VIP audience for "ICT China -- High-level Forum 2014" (including badge with a value of 2000 RMB and a full package of documents). In addition, pre-registered visitor also has opportunity to participate in the lucky draw for Huawei, Phicomm and Sony smart phones. The five-day expo is expected to receive 200,000 people from both China and overseas countries, creating another historical high.Read More »
SHANGHAI, Aug. 29, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporations ("SMIC"; NYSE: SMI; SEHK: 981) the largest and most advanced foundry in Mainland China, announced today, it was selected by Hong Kong Yazhou Zhoukan Limited in the Fourth Mainland Enterprises Listed in Hong Kong Ranking Award, and won the High-Tech Enterprise Award due to its exceptional business operations and outstanding performance.
Yazhou Zhoukan Limited was founded in 1987 in Hong Kong, covering matters on economics, political and social culture, which caught the attention of the Chinese worldwide. The Mainland Enterprises Listed in Hong Kong Ranking Award selects Mainland Enterprises listed in Hong Kong that has the best performance and is recognized by the market. Yazhou Zhoukan Limited's research department makes its decisions on the rankings based on audited data from the companies. To pick out the best performing companies from each industry, the market value, turnover and growth, net profit and net profit growth, total assets, as well as level of awareness and influence in the international capital market were all examined. SMIC has shown excellent financial performance such as 9 quarters of consecutive profit, gross profit margin, and net income. Additionally, in recent years, growth rate far exceeded industry standards, and corporate social responsibility has been fulfilled by actively carrying out environmental protection and charity work, to get into the final list and win the High-Tech Enterprise Award.
Dr. Tzu-Yin Chiu, SMIC's Chief Executive Officer and Executive Director expressed his gratitude by saying "It is an honor that SMIC has been chosen for this year's Mainland Enterprises Listed in Hong Kong Ranking Award by Yazhou Zhoukan Limited. The award reflects Hong Kong's market and financial media recognition for SMIC. In the future, SMIC will continue to improve its corporate governance and profitability, as well as work towards becoming a world-class manufacturer of integrated circuits and a high-quality listed company, to create greater value for our shareholders and the society."
Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) is one of the leading integrated circuit wafer manufacturer in the world and the largest and most advanced wafer manufacturer in mainland China. SMIC provides integrated circuit (IC) foundry and technology services at 0.35-micron to 28-nanometer. Headquartered in Shanghai, China, SMIC has a 300mm wafer fabrication facility (fab) and a 200mm mega-fab in Shanghai; a 300mm mega-fab in Beijing and a majority owned 300mm fab for advance nodes under development; a 200mm fab in Tianjin; and a 200mm fab project under development in Shenzhen. SMIC also has marketing and customer service offices in the U.S., Europe, Japan, and Taiwan, and a representative office in Hong Kong. For more information, please visit www.smics.com.
Safe Harbor Statements
(Under the Private Securities Litigation Reform Act of 1995)
This document contains, in addition to historical information, "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on SMIC's current assumptions, expectations and projections about future events. SMIC uses words like "believe," "anticipate," "intend," "estimate," "expect," "project" and similar expressions to identify forward looking statements, although not all forward-looking statements contain these words. These forward-looking statements are necessarily estimates reflecting the best judgment of SMIC's senior management and involve significant risks, both known and unknown, uncertainties and other factors that may cause SMIC's actual performance, financial condition or results of operations to be materially different from those suggested by the forward-looking statements including, among others, risks associated with cyclicality and market conditions in the semiconductor industry, intense competition, timely wafer acceptance by SMIC's customers, timely introduction of new technologies, SMIC's ability to ramp new products into volume, supply and demand for semiconductor foundry services, industry overcapacity, shortages in equipment, components and raw materials, availability of manufacturing capacity, financial stability in end markets and intensive intellectual property litigation in high tech industry.
In addition to the information contained in this document, you should also consider the information contained in our other filings with the SEC, including our annual report on Form 20-F filed with the SEC on April 14, 2014, especially in the "Risk Factors" section and such other documents that we may file with the SEC or SEHK from time to time, including on Form 6-K. Other unknown or unpredictable factors also could have material adverse effects on our future results, performance or achievements. In light of these risks, uncertainties, assumptions and factors, the forward-looking events discussed in this document may not occur. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date stated or, if no date is stated, as of the date of this document.
SMIC Contact Information:
Tel: +86-21-3861-0000 x16812
Email: [email protected]
Tel: +86-21-3861-0000 x10088
Email: [email protected]
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SHANGHAI, Aug. 28, 2014 /PRNewswire/ -- Semiconductor Manufacturing International Corporation ("SMIC"; NYSE: SMI; SEHK: 981) one of the leading semiconductor foundries in the world, announces the unaudited interim results of operations of the Company and its subsidiaries for the six months ended June 30, 2014.
- Sales was US$962.4 million for the six months ended June 30, 2014, compared to US$1,042.9 million for the six months ended June 30, 2013. The decrease was primarily because there had been no wafer shipments from Wuhan Xinxin Semiconductor Manufacturing Corporation ("Wuhan Xinxin") since the first quarter of 2014.
- Gross profit was a record high of US$239.2 million for the six months ended June 30, 2014 representing an increase of 2.4% compared to US$233.5 million for the six months ended June 30, 2013.
- Gross margin improved to 24.9% for the six months ended June 30, 2014 from 22.4% for the six months ended June 30, 2013.
- Profit from operations was US$87.8 million for the six months ended June 30, 2014 (of which US$7.6 million came from the gain on disposal of property, plant and equipment and assets classified as held-for-sale), compared to US$130.5 million for the six months ended June 30, 2013 (of which US$53.3 million came from the gain on disposal of property, plant and equipment and assets classified as held-for-sale and gain on disposal of subsidiaries).
For the full announcement of SMIC's unaudited 2014 financial results, please see: http://photos.prnasia.com/prnk/20140828/0861406193
+86-21-3861-0000 ext. 12804
BEIJING, August 28, 2014 /PRNewswire/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading video surveillance technology and solution provider in China, today announced that the Company will participate...Read More »
Award Winning Developer Redefines the Creation and Use of Filters in Mobile Photography CHENGDU, China, August 27, 2014 /PRNewswire/ -- The global tech pioneer Camera360 has launched a new app called 'M...Read More »