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Archive for February 23rd, 2016

High Debt Levels in Asia Debunk Myths about Asians as Savers – Manulife Survey

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HONG KONG /PRNewswire/ — High levels of personal debt among investors in Asia debunk the conventional wisdom that Asians are prudent savers, according to new research from Manulife. The research findings support wider trends that suggest household debt levels in Asia are approaching – or even surpassing – US household debt levels.

Manulife Investor Sentiment Index: Asian Investment Strategy -- Journey to Your Financial Goal
Manulife Investor Sentiment Index: Asian Investment Strategy — Journey to Your Financial Goal

The Manulife survey also showed that while millennials (aged below 35) across the region have debt, they are no worse at tracking their finances than their elders, and even outperform them in some markets.

Highlights from the Manulife Investor Sentiment Index (MISI) research for Asia:

  • A third of Asian investors (33%) have personal debts (excluding mortgage)
    • The new MISI findings also show that the proportion of investors with debt is on the high side in some Asian markets. The proportion is highest in Malaysia (68%) and lowest in Japan (15%). Singapore, China andTaiwan come in at around a third and Hong Kong at 22%.
    • China has the severest debt issue with average debt at US$21,650, or 14.3 times monthly income; followed by Taiwan (11.5x) and Malaysia (9.7x). In Hong Kong (4.8x), Singapore (5.6x) and Japan (4.2x) it was more moderate, while the Philippines was the lowest (0.88x).
    • Asian investors on average spend about 60% of their monthly income, with Indonesia and Japan being the big spenders that spend two-thirds of their income.
    • The MISI findings are reinforced by other data showing some Asian countries’ debt levels (household debt to GDP ratio, including mortgage) are approaching or even higher than in the US. At the end of 2014, household debt in Malaysia and Taiwan exceeded that of the US (80%), with Singapore just below[1].

 

  • The main causes of debt are daily living and discretionary expenses, suggesting people may be living beyond their means
    • The impact of daily living expenses on debt was most noticeable in Philippines, Malaysia and Singapore, while discretionary expenses hit hardest in Singapore and China.
    • Medical expenses and children’s education costs were also significant factors, particularly in the Philippinesand Indonesia.
    • In Hong Kong, a relatively high percentage cited investment losses as a cause of debt.
    • Although just a fraction compared to other causes, gambling was a factor too, particularly in Singapore, Hong Kong, Japan and China.
    • The MISI findings dovetail with other data showing credit-card debt to be on the rise in parts of Asia, most noticeably in Hong Kong, Singapore and China[2]. At the end of 2014, credit card debt in Hong Kong (just over 5%) was above the US (4%). More startling was the huge jump in such debt in China to more than 3.5% from about 1% in 2010, reflecting perhaps the increase in credit card ownership and opportunities to spend through e-commerce. In Singapore, it was about 2.5%.

 

  • While millennials have some good financial planning habits, similar to their elders, they still need to improve their financial management:
    • 37% of Asia’s millennials hold debt compared to 31% of those aged 35 and above, with Malaysia having the highest proportion (74%), followed by the Philippines (50%).
    • Millennials’ debt-income ratio on average is higher than their elders. China’s milliennials in particular have a very high ratio of 18.5 times their income, which is above the overall average (14.3x) and much higher than their elders (10.3x). Next comes Malaysia (10.2x). The ratio of their peers in Hong Kong, Japan andSingapore is moderate.
    • Millennials spend a similar proportion of their monthly income as their elders (56% vs 59%). But in some countries, such as Japan and Indonesia, this group spends nearly two-thirds of their income which is on the high side.
    • Key sources of debt for Asia’s millennials are similar to their elders, with “own education” also being one of the top three in some countries.
    • They expect to take 17 months to pay off debt which is slightly shorter than the overall average. Those inMalaysia and China, countries with the highest debt ratio, expect to take longer to pay off.
    • Millennials (76%) are more likely to keep track of their expenses than those aged 35 and above (72%).
    • Across Asia, 60% of millennials have a target saving amount, compared to only 44% of the older group. The average saving target of millennials is about US$126,000.
    • They allocated nearly 40% of their savings to cash/time deposits or investments with no specific purpose. The no-purpose allocation may slow progress towards achieving their saving goals.

 

  • Overall, an overwhelming proportion of investors in Asia regret their lack of effective financial planning.
    • Most investors rely on themselves (74%) or their family for financial advice, (53% spouse; 41% parents), rather than a professional (25%).
    • However, nearly three quarters of investors (72%) surveyed regret not doing a better job with investment planning. This was particularly so in China, where investors regretted holding so much money in cash, not doing more research before making investment decisions and not being more proactive in reviewing their portfolios.

Geoff Lewis, Market Strategist, Asia, Capital Markets Group, added: “People from the Asia Pacific region have a reputation for thriftiness, but Manulife’s latest MISI survey questions that and indicates Asian investors have higher-than-expected levels of personal debt. In Malaysia and Taiwan, household debt levels are approaching or even higher than in the US. That calls for a better, comprehensive financial plan. In view of the anticipated economic slowdown this year, investors with debt should be even more alert to their situation and plan accordingly.”

Bruno Lee, Senior Managing Director, Head of Partnership, Product and Platform Development, said: “It’s encouraging to see higher percentage of millennials across most markets have target savings than older group, indicating higher awareness of the need for financial planning and they can certainly benefit from having more investment advice to help them to achieve their savings target. Amid today’s current volatile market where investors may be worried about how to get their expected return, we would suggest them to look into a yield enhancement with diversification strategy. Diversification across asset classes and geographies, along with discipline in rebalancing equity assets with a long-term view, are some ways to help investors grasp opportunities across different markets and manage downside risk.”

For more information on the Manulife Investor Sentiment Index, please visit www.manulife.com

*About Manulife Investor Sentiment Index in Asia

Manulife’s Investor Sentiment Index in Asia (Manulife ISI) is a half-yearly, proprietary survey measuring and tracking investors’ views across eight markets in the region on their attitudes towards key asset classes and issues related to personal financial planning. The Index is calculated as a net score (% of “Very good time” and “Good time” minus % of “Bad time” and “Very bad time”) for each asset class. The overall index is calculated as an average of the index figures of asset classes. A positive number means a positive sentiment, zero means a neutral sentiment, and a negative number means negative sentiment.

The Manulife ISI is based on 500 online interviews in Hong Kong, China, Taiwan, Japan, Singapore, Malaysia and the Philippines, and 500 face-to-face interviews in Indonesia. Respondents are middle class to affluent investors, aged 25 years and above who are the primary decision maker of financial matters in the household and currently have investment products.

The Manulife ISI is a long-established research series in North America. The Manulife ISI has been measuring investor sentiment in Canada for the past 17 years, and extended this to its John Hancock operation in the U.S. in 2011 andAsia in 2013. Asset classes taken into Manulife ISI Asia calculations are stocks/equities, real estate (primary residence and other investment properties), mutual funds/unit trusts, fixed income investment and cash.

This material, intended for the exclusive use by the recipients who are allowable to receive this document under the applicable laws and regulations of the relevant jurisdictions, was produced by and the opinions expressed are those of Manulife or any of its affiliates as of December 2015 and are subject to change based on market and other conditions. The information and/or analysis contained in this material have been compiled or arrived at from sources believed to be reliable but Manulife or any of its affiliates does not make any representation as to their accuracy, correctness, usefulness or completeness and does not accept liability for any loss arising from the use hereof or the information and/or analysis contained herein. The information in this document, including statements concerning financial market trends, are based on current market conditions, which will fluctuate and may be superseded by subsequent market events or for other reasons. Manulife or any of its affiliates disclaims any responsibility to update such information. Neither Manulife or any of its affiliates or its affiliates, nor any of their directors, officers or employees shall assume any liability or responsibility for any direct or indirect loss or damage or any other consequence of any person acting or not acting in reliance on the information contained herein. All overviews and commentary are intended to be general in nature and for current interest. While helpful, these overviews are no substitute for professional tax, investment or legal advice. Clients should seek professional advice for their particular situation. Neither Manulife nor any of its affiliates or representatives is providing tax, investment or legal advice. Past performance does not guarantee future results. This material was prepared solely for informational purposes, does not constitute an offer or an invitation by or on behalf of Manulife or any of its affiliates to any person to buy or sell any security and is no indication of trading intent in any fund or account managed by Manulife. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment. Unless otherwise specified, all data is sourced from Manulife.

About Manulife
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2015, we had approximately 34,000 employees, 63,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of December 2015, we had C$935 billion (US$676 billion) in assets under management and administration, and in the previous 12 months we made more than $24.6 billion in benefits, interest and other payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.

About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife, providing comprehensive asset management solutions for investors. This investment expertise extends across a broad range of public and private asset classes, as well as asset allocation solutions. As at December 31, 2015, assets under management for Manulife Asset Management were approximately C$417 billion (US$301 billion).

Manulife Asset Management’s public markets units have investment expertise across a broad range of asset classes including public equity and fixed income, and asset allocation strategies.  Offices with full investment capabilities are located in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia,Thailand, Vietnam, Malaysia, and the Philippines. In addition, Manulife Asset Management has a joint venture asset management business in China, Manulife TEDA. The public markets units of Manulife Asset Management also provide investment management services to affiliates’ retail clients through product offerings of Manulife and John Hancock. John Hancock Asset Management and Declaration Management and Research are units of Manulife Asset Management.

Additional information about Manulife Asset Management may be found at ManulifeAM.com.

Media Contacts:

Jason Benham (Manulife Asia)  

James Dyson (FleishmanHillard HK)

Tel:       (852) 2510 5822

Tel:       (852) 2586 7858

Mobile: (852) 6893 7310

Mobile: (852) 9381 1460

Email:   jason_benham@manulife.com

Email:   james.dyson@fleishman.com

Note:
[1] Source: HSBC and Bloomberg
[2] Source: Bloomberg, HKMA, IMF, The Financial Stability and Payment Systems, Bank Negara Malaysia, Singapore Department of Statistics, BOJ, PBOC, National Bureau of Statistics China, BI/OJK, BPS, FSC, National Statistics, Republic of China (Taiwan)

Photo – http://photos.prnasia.com/prnh/20160222/8521601115

Source: Manulife

Related stocks: HongKong:0945 NYSE:MFC

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Written by asiafreshnews

February 23, 2016 at 5:55 pm

Posted in Uncategorized

Saft Strengthens its Presence in Asia by Opening a New Subsidiary in Japan

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TOKYO /PRNewswire/ — Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has opened a new subsidiary in Tokyo, Japan. The new subsidiary, under the name of Saft Japan Kabushiki Kaisha(K.K.) headed by Philippe Ulrich, Saft Sales Director for Asia, is a major strategic step that underpins Saft’s strategy to become even closer to customers in Asia. With its new expert sales team, the main objectives for us are to increase Saft’s share of the Asian market and specifically to boost sales inJapan.

Saft Japan K.K. has now taken responsibility for the activities in the Japanese market that were handled previously by its long-standing partner, Sumitomo Corporation.

“We would like to thank Sumitomo Corporation for their contribution to Saft, which has proved to be a successful partnership over the past 28 years,” says Philippe Ulrich, Saft Japan K.K. General Manager. “In line with the launch of ‘Power 2020’, Saft’s new strategic and operational transformation plan, we want to strengthen our leadership position in Japan with an increased focus on transportation, telecom and grid, as well as civil electronics markets. That is why we have now established our own subsidiary to increase market focus to ensure profitable growth and also to be more responsive to the future needs of our Japanese customers.”

Saft Japan K.K. will make its business debut at the 6th International Smart Grid Expo (booth no. W8-31) which will take place simultaneously with Battery Japan 2016, March 2-4 at Tokyo Big Sight.  Visitors to this trade show are invited to discover Saft’s most advanced technologies for industrial battery applications.

Saft Japan K.K. is located in Tokyo, at Shinbashi Four Deer Building 8F, 3-7-3 Shinbashi, Minato-ku.

About Saft

Saft (Euronext:Saft) is a world leading designer and manufacturer of advanced technology batteries for industry. The Group is the world’s leading manufacturer of nickel batteries and primary lithium batteries for the industrial infrastructure and processes, transportation, civil and military electronics’ markets. Saft is the world leader in space and defence batteries with its Li-ion technologies which are also deployed in the energy storage, transportation and telecommunication network markets. More than 4,000 employees in 18 countries, 14 manufacturing sites and an extensive sales network all contribute to accelerating the Group’s growth for the future.

www.saftbatteries.com

Source: Saft
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Written by asiafreshnews

February 23, 2016 at 5:34 pm

Posted in Uncategorized

MediaTek Introduces Helio P20 as Newest Addition to its Premium Mobile Processor Family

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-New ultra-power saving SoC for slim smartphones also delivers new multimedia features in 4G LTE processor

BARCELONA, Spain /PRNewswire/ — MediaTek today announced the MediaTek Helio P20 system-on-chip, an ultra-power saving SoC and the latest addition to its top-tier MediaTek Helio family of mobile processors. The MediaTek Helio P20 brings new experiences to consumers and design freedom to device makers by combining impressive battery life, powerful performance and premium features for the next generation of smartphones.

Following on the breakthrough success of the MediaTek Helio P10, the MediaTek Helio P20 offers 25 percent better power efficiency. The P20 chipset is manufactured using 16nm process technology, and is the world’s first SoC to support low power double data rate random access memory — LPDDR4X.  In performance improvements, the SoC features upgraded CPU and GPU capabilities with its True Octa-Core architecture clocked up to 2.3GHz, taking full advantage of ARM Cortex A53 cores. The new Mali T880 graphics unit is clocked at a speedy 900MHz, perfect for demanding video and gaming apps, and is currently the highest end GPU offered by ARM.

“MediaTek designed the MediaTek Helio P20 to meet today’s consumer demand for sleek, powerful yet highly power efficient mobile devices,” said Jeffrey Ju, Executive Vice President and Co-Chief Operating Officer at MediaTek. “Consumers place increasing importance on the battery life and multimedia capabilities of their smartphones. MediaTek has risen to this challenge with a leading solution.”

MediaTek Helio P20 has several connectivity advantages. It is equipped with MediaTek’s latest modem technology supporting WorldMode LTE Cat.6 and 2×20 carrier aggregation at 300/50Mbps data speeds. The SoC supports global Dual-SIM Dual Standby for seamless connectivity wherever a user goes. For regions where GSM is no longer available, the SoC will have simultaneous standby on WCDMA network. Additionally, MediaTek Helio P20 supports LTE multimedia broadcast and multicast service. This allows mobile devices to receive HD video content over LTE.

For improved processing power and optimum battery performance, MediaTek Helio P20 integrates LPDDR4X, providing 70 percent more bandwidth than the LPDDR3 and 50 percent power savings by lowering supply voltage to 0.6v, resulting in a quicker, smoother user experience for camera, video and gaming apps.

Another P20 highlight is the exclusive MediaTek Imagiq Image Signal Processor (ISP), which leverages the same design from MediaTek Helio X20, to improve camera ease-of-use and picture and video quality.  MediaTek Imagiq encompasses the latest ISP technologies to satisfy the most demanding smartphone photographers with features that include:

  • Advanced 12bit Dual ISP supports Bayer and Mono sensors — elevates picture quality by effectively reducing noise and capturing three times more light than conventional Bayer + Bayer sensors
  • Dual phase-detection autofocus — achieves real-time auto focus that is four times faster than traditional autofocus systems
  • 3A HW engine upgrades for more natural, responsive and detailed photographs
  • Powerful multi-scale temporal de-noising technologies — renders videos and photography more accurately, with less noise, even in low light

The MediaTek Helio P20 is expected to be in commercial devices in the second half of 2016. More information can be found at http://mediatek-Helio.com/p20/

Partner quotes (in Alphabetical order):

Samsung Electronics, Chiwook Kim, Vice President, Memory Product Planning & Application Engineering Team said: “Samsung’s new 6GB LPDDR4X, based on 20nm 12Gb mobile DRAM technology, combined with MediaTek Helio P20 line-ups, will provide outstanding performance and power efficiency for  video and gaming apps that require advanced multimedia functionality. Through our collaboration with MediaTek, we expect to accelerate the adoption of leading-edge mobile memory solutions like 6GB LPDDR4X, while offering greater energy efficiency and slimmer designs to enhance the user experience.”

SK hynix, NH Park, Vice President and the head of DRAM Marketing Group said: “As the smartphone standard aims for the pinnacle point, the high-end segment has started to take on high-performance LPDDR4 memory from the first half of 2016. LPDDR4 shows off better performance and less power consumption in comparison to that of the LPDDR3. These advantages lead to longer-term usage and allow faster data transfers from mobile devices. Applying these new trends, SK hynix will provide enough performance and power efficiency called upon by the market demands in the high-end segment through the introduction of LPDDR4 this year with MediaTek’s collaboration for P20.”

About MediaTek
Since 1997, MediaTek has been a pioneering fabless semiconductor company and a market leader in cutting-edge systems-on-chip (SoC) for mobile devices, wireless networking, HDTV, DVD and Blu-ray. Our tightly-integrated, innovative chip designs help manufacturers optimize supply chains, reduce the development time of new products, and extend a competitive edge in crowded markets. Through MediaTek Labs, the company is also building a developer hub that will support device creation, application development, and services for the Internet of Things era. By building technologies that help connect individuals to the world around them, MediaTek is enabling people to expand their horizons and more easily achieve their goals. We believe anyone can achieve something amazing. And we believe they can do it every single day. We call this idea Everyday Genius and it drives everything we do. Visit mediatek.com for more information.

MediaTek Press Office:
PR@mediatek.com

Kevin Keating, MediaTek
+1- 206-321-7295
10188 Telesis Ct #500, San Diego, CA 92121, USA

Joey Lee, MediaTek
+886 3-567-0766 # 31602
No. 1, Dusing 1st Rd., Hsinchu Science Park, Hsinchu City 30078, Taiwan

Source: MediaTek Inc.

Related stocks: Taiwan:2454

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Written by asiafreshnews

February 23, 2016 at 4:42 pm

Posted in Uncategorized

NTT DOCOMO and MediaTek Forge Partnership for 5G Technology Development and Trials

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-Companies jointly implement ground-breaking innovations to maximize 5G user experience and performance

BARCELONA, Spain /PRNewswire/ — NTT DOCOMO, INC. and MediaTek today announced a joint effort to drive 5G technology development. The two companies will collaborate on developing new 5G air interface and chipsets required for 5G devices, raising spectrum efficiency and increasing data capacity. MediaTek is one of the major technology companies selected by DOCOMO to contribute expertise and technology innovations needed for supporting the launch of new 5G networks by 2020.

“DOCOMO is excited to work with MediaTek, an innovator with expertise in the technical requirements of 5G,” saidSeizo Onoe, Executive Vice President and Chief Technology Officer at DOCOMO. “The potential opportunities for 5G to enable people to connect with devices are endless. We’re eager to see our 5G network inspire innovative inventions to benefit technology, life and business.”

MediaTek, a leading cellular baseband solution provider, has a complete modem technology portfolio covering all 2G, 3G and 4G standards. Its WorldMode chipsets allow device makers to serve operators worldwide using a single platform.

“We are pleased to collaborate with DOCOMO on developing the best possible standard as well as user terminals for 5G cellular systems,” said Kevin Jou, Senior Corporate Vice President and Chief Technology Officer of MediaTek.  “We plan to use our advanced signal processing and circuit technologies to design solutions that will meet the diverse and stringent requirements posed by 5G in order to ensure a successful service launch in the 2020 time frame.”

NTT DOCOMO and MediaTek plan to implement the transmission experiment in both indoor and outdoor environments in 2017, and carry out new wireless interface and chipsets development from 2018 onwards.

About MediaTek

Since 1997, MediaTek has been a pioneering fabless semiconductor company and a market leader in cutting-edge systems-on-chip (SoC) for mobile devices, wireless networking, HDTV, DVD and Blu-ray. Our tightly-integrated, innovative chip designs help manufacturers optimize supply chains, reduce the development time of new products, and extend a competitive edge in crowded markets. Through MediaTek Labs, the company is also building a developer hub that will support device creation, application development, and services for the Internet of Things era. By building technologies that help connect individuals to the world around them, MediaTek is enabling people to expand their horizons and more easily achieve their goals. We believe anyone can achieve something amazing. And we believe they can do it every single day. We call this idea Everyday Genius and it drives everything we do. Visit mediatek.com for more information.

MediaTek Press Office:
PR@mediatek.com

Kevin Keating, MediaTek
+1- 206-321-7295
10188 Telesis Ct #500, San Diego, CA 92121, USA

Joey Lee, MediaTek
+886 3-567-0766 # 31602
No. 1, Dusing 1st Rd., Hsinchu Science Park, Hsinchu City 30078, Taiwan

Source: MediaTek Inc.

Related stocks: OTC-PINK:MDTKF Taiwan:2454

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Written by asiafreshnews

February 23, 2016 at 4:41 pm

Posted in Uncategorized

MediaTek Expands Wearables Portfolio with MT2511 for Health and Fitness Devices

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-MediaTek’s first bio- sensing analog front-end chip , MT2511, poised to shake up wearables market

BARCELONA, Spain /PRNewswire/ — As the global demand for mobile health devices continues to grow, MediaTek today announced the MT2511, MediaTek’s first bio-sensing analog front-end (AFE) chip designed for health and fitness devices. The MT2511 enables bio signal acquisition through electrocardiography (ECG) and photoplethysmography (PPG) simultaneously.

MT2511 is extremely power efficient, providing a lower active mode power consumption of less than 0.6mA while capturing PPG. In addition, MT2511 is equipped with MediaTek’s exclusive built-in heart beat interval technology and 4KB SRAM to optimize overall system power consumption for sleep heart rate monitoring. Finally, MT2511 also integrates LED boost driver circuit for saving layout space.

“The mobile health market is one of the fastest growing technology sectors. We can only begin to imagine how health-related wearables will improve both medical care and everyday wellness all around the world,” said JC Hsu, MediaTek’s Corporate Vice President and General Manager of the IoT business unit. “With support for ECG and PPG and limited power needs, the fully integrated MT2511 is ideal for a variety of devices, including fitness trackers, active lifestyle smart watches and sports bands.”

With its support for a greater than 100db dynamic range and high sample rate from 64 to 4KHz, the MT2511 eliminates interference and motion artifacts when collecting the heart’s electric signals. Because the MT2511 gathers accurate pulse data, it enables a variety of applications including electromyography (EMG), electroencephalography (EEG), pulse oximetry (SpO2) and blood pressure.

The flexible design of the MT2511 means it works seamlessly with MediaTek’s existing IoT and wearables platforms, including the MT2502, MT2523, and MT2601 for Android Wear, allowing device manufacturers to cater to a variety of needs. Advantages of the design range from simple to rich applications, with or without touch screens, or paired with a SoC or microcontroller unit (MCU).

The MediaTek MT2511 is expected to begin mass production in the first half of 2016. At Mobile World Congress 2016, MediaTek will show the MT2511 and the hardware development kit that combines it with MediaTek’s MT2523 platform. Together, this will demonstrate a complete system-in-package (SiP) for wearables with GPS, dual-mode Bluetooth LE, support for high-resolution screens and a highly-efficient Cortex M4 CPU.

Highlighted specifications:

  • ECG+PPG for easy data synchronization (Internal PLL)
  • Active power
    < 0.6mA for PPG (sample rate 125Hz .w/o LED )
    < 0.6mA for ECG
    < 1.25mA for PPG+ECG
  • Heart beat interval + Built-in 4KB SRAM
  • Integrated LED boost driver circuit
  • High accuracy: Greater than 100dB dynamic range
  • SPI/I2C interface support for connectivity
  • 3mm×3.4mm, 56-ball, 0.4mm pitch, WLCSP package

About MediaTek
Since 1997, MediaTek has been a pioneering fabless semiconductor company and a market leader in cutting-edge systems-on-chip (SoC) for mobile devices, wireless networking, HDTV, DVD and Blu-ray. Our tightly-integrated, innovative chip designs help manufacturers optimize supply chains, reduce the development time of new products, and extend a competitive edge in crowded markets. Through MediaTek Labs, the company is also building a developer hub that will support device creation, application development, and services for the Internet of Things era. By building technologies that help connect individuals to the world around them, MediaTek is enabling people to expand their horizons and more easily achieve their goals. We believe anyone can achieve something amazing. And we believe they can do it every single day. We call this idea Everyday Genius and it drives everything we do. Visit mediatek.com for more information.

MediaTek Press Office:
PR@mediatek.com

Kevin Keating, MediaTek
+1- 206-321-7295
10188 Telesis Ct #500, San Diego, CA 92121, USA

Joey Lee, MediaTek
+886 3-567-0766 # 31602
No. 1, Dusing 1st Rd., Hsinchu Science Park, Hsinchu City 30078, Taiwan

Source: MediaTek Inc.

Related stocks: OTC-PINK:MDTKF Taiwan:2454

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Written by asiafreshnews

February 23, 2016 at 4:39 pm

Posted in Uncategorized

Orange and MediaTek Announce Collaboration to Speed Adoption of Cellular Connectivity for Connected Objects

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-Collaboration removes end-user subscription barriers and eases professional object makers’ development and operational efforts

BARCELONA, Spain /PRNewswire/ — MediaTek and Orange today announced a new collaboration to market IoT tailored offerings embedding ready-to-use cellular connectivity to address the growing industrial demand for connected objects. The agreement will address professional developers and manufacturers of IoT devices including consumer electronics products.

The ‘IoT Booster Programme’ aims to market a family of MediaTek chipsets with an Orange SIM Card or integrated with the Orange SIM Card in partner’s modules. The offering will include the price of connectivity structured for IoT needs. This ready-to-use IoT offer allows professional developers to accelerate deployment of their connected objects onto the cellular network by removing the need to seek out complex arrangements for chipset and connectivity separately. The IoT Booster Programme is suitable for any large scale industrials looking to simplify their connectivity, as well as for start-ups seeking “out of the box” IoT connectivity for their product line. Cellular connectivity of these chipsets are designed for longevity, with up to 5 years included at a fixed price.

This collaboration by MediaTek and Orange aims to help electronic manufacturers easily bring more connected objects to market. The programme is expected to be enriched progressively with value added services such as geo-location, device management, data management and other IoT innovative features.

Connected objects using this new offer will operate seamlessly across the Orange network and all of its roaming partners in more than 200 countries. Professional developers and object makers can now design and produce – at a large scale – low power, miniaturized and cost effective devices able to connect indoor or outdoor without post-sale subscription efforts.

“This initiative removes a major hurdle for wider adoption of everywhere connected objects. Now cellular connected devices can be instantly activated like any other connectivity technology, and used practically on a global scale,” said JC Hsu, MediaTek’s Corporate Vice President and General Manager of the IoT business unit.  “This partnership gives our customers access to the high quality of Orange services, its vast networks and roaming agreements and a ready-made go-to-market path for cellular connected devices”

“We want to accelerate the ecosystem and unleash the potential of IoT to connect a myriad of devices,” said Yves Maitre, Executive VP for Connected Objects and Partnerships, Orange. “Our collaboration with MediaTek will combine our network and connectivity with MediaTek chipset expertise to make it easier for our customers to install cellular connectivity into their product line using an off-the-shelf bundle, all for one fixed price.”

About Orange
Orange is one of the world’s leading telecommunications operators with sales of 40 billion euros in 2015 and 156,000 employees worldwide at 31 December 2015, including 97,000 employees in France. Present in 28 countries, the Group has a total customer base of 263 million customers worldwide at 31 December 2015, including 201 million mobile customers and 18 million fixed broadband customers. Orange is also a leading provider of global IT and telecommunication services to multinational companies, under the brand Orange Business Services. In March 2015, the Group presented its new strategic plan “Essentials2020” which places customer experience at the heart of its strategy with the aim of allowing them to benefit fully from the digital universe and the power of its new generation networks.

Orange is listed on Euronext Paris (symbol ORA) and on the New York Stock Exchange (symbol ORAN). For more information on the internet and on your mobile: www.orange.com, www.orange-business.com, www.livetv.orange.comor to follow us on Twitter: @orangegrouppr.

Orange and any other Orange product or service names included in this material are trademarks of Orange or Orange Brand Services Limited.

About MediaTek
Since 1997, MediaTek has been a pioneering fabless semiconductor company and a market leader in cutting-edge systems-on-chip (SoC) for mobile devices, wireless networking, HDTV, DVD and Blu-ray. Our tightly-integrated, innovative chip designs help manufacturers optimize supply chains, reduce the development time of new products, and extend a competitive edge in crowded markets. Through MediaTek Labs, the company is also building a developer hub that will support device creation, application development, and services for the Internet of Things era. By building technologies that help connect individuals to the world around them, MediaTek is enabling people to expand their horizons and more easily achieve their goals. We believe anyone can achieve something amazing. And we believe they can do it every single day. We call this idea Everyday Genius and it drives everything we do. Visit mediatek.com for more information.

MediaTek Labs was launched in September 2014 and continues to provide developers, makers and service providers with SDKs, HDKs and documentation, as well as technical and business support. To learn more about MediaTek Labs, visit http://labs.mediatek.com/.

MediaTek Press Office:
PR@mediatek.com

Kevin Keating, MediaTek
+1- 206-321-7295
10188 Telesis Ct #500, San Diego, CA 92121, USA

Joey Lee, MediaTek
+886 3-567-0766 # 31602
No. 1, Dusing 1st Rd., Hsinchu Science Park, Hsinchu City 30078, Taiwan

Source: MediaTek Inc.
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Written by asiafreshnews

February 23, 2016 at 4:38 pm

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Malaysia’s Largest English News Publisher Star Media Group Accelerates Digital Push with New Video Portal Powered by Brightcove

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KUALA LUMPUR, Malaysia /PRNewswire/ — Brightcove Inc. (NASDAQ: BCOV), the leading global provider of cloud services for video, today announced that Star Media Group, Malaysia’s largest English print and online news publisher, has selected Brightcove to power its new online video news channel, TheStarTV.com.

By leveraging Brightcove Video Cloud, Star Media Group (SMG) will be able to capitalise on the exponential demand for video content across the web and mobile for Malaysia’s 20 million active internet users1 and monetise its content to create new revenue streams.

SMG selected Brightcove Video Cloud in order to fulfil their strategy of maximising revenue opportunities from video content. With over 4.6 million online visitors per month, TheStarTV.com is using Video Cloud to insert pre-roll and mid-roll advertisements, including plug-ins to major advertising networks, enabling the publisher to drive incremental revenue from their online news website.

“We are thrilled to work with a trusted partner like Brightcove to drive our leadership with video,” said David Yeoh, Senior GM, Operations of TheStarTV.com. “Video is increasingly the most popular format for audiences to consume news content. Recognising the demand for high quality video, we are confident that Brightcove will power an exceptional video experience for our audience.”

Following the deployment of Video Cloud to support the new video portal, SMG plans to leverage the platform across the company’s flagship news website, The Star Online, as well as its other news properties and the websites of its radio stations SuriaFM, 988FM and RedFM.

“The ability to monetise content was a primary factor for selecting Brightcove. Our previous solution came with revenue share, but we wanted to move away from this model. With Brightcove, we can easily deliver advertising supported video and better monetise the content,” Yeoh added.

Tomer Azenkot, Vice President of Asia at Brightcove, said: “As Malaysia’s largest publisher, Star Media Group is a progressive leader in its field, constantly innovating to ensure it offers the best and latest services for its customers. Our partnership will help take the company to the next level of growth. With Brightcove’s world-class Video Cloud platform, SMG can deliver a new video-focused content strategy to market, scale the delivery and management of video and effectively monetise its content offering through a number of creative and flexible monetisation options.”

1 We Are Social–Digital in Southeast Asia

Source: Brightcove

Related stocks: NASDAQ-NMS:BCOV

Written by asiafreshnews

February 23, 2016 at 4:23 pm

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Presima selected by MassPRIM to manage Global REITs portfolio

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-Massachusetts Pension Reserves Investment Management Board (MassPRIM) has hired Presima to invest US$100m in global real estate investment trusts (REITs).

MONTREAL /PRNewswire/ — Presima is pleased to announce that it has been selected by the Massachusetts Pension Reserves Investment Management Board (MassPRIM) to manage a portfolio of global real estate investment trusts (REITs). The manager selection was approved by the Board of MassPRIM on December 1, 2015 and the portfolio was fully invested on February 19, 2016.

Presima is a specialist boutique focused exclusively on global real estate securities. The firm constructs concentrated, high active share portfolios for its clients.

“MassPRIM is renowned for its innovative, high-performing investment strategies. Presima is honored to have been selected and we look forward to serving the Commonwealth,” said Peter Zabierek, CEO of Presima.

About MassPRIM
The Massachusetts Pension Reserves Investment Management (“PRIM”) Board is charged with the general supervision of the Massachusetts Pension Reserves Investment Trust (“PRIT”) Fund. The PRIT Fund is a pooled investment fund that invests the assets of the Massachusetts Teachers’ and State Employees’ Retirement Systems, and the assets of county, authority, district, and municipal retirement systems that choose to invest in the PRIT Fund. PRIM’s mission is to provide a professional investment service that maximizes the return on investment within acceptable levels of risk by broadly diversifying its investment portfolio, capitalizing on economies of scale to achieve cost-effective operations, and providing access to high quality, innovative investment management firms, all under the management of a professional investment staff and members of the PRIM Board and its Committees.

About Presima
Presima is a specialist boutique focused exclusively on global real estate securities. The firm constructs concentrated, high active share portfolios for its clients. Presima has established a hard capacity limit so the firm can remain small and nimble and continue to outperform for its clients. Presima believes the firm’s “one team, one portfolio, one location” approach ensures consistency in the investment process and that only the best ideas make it in the portfolios. Presima is focused on serving an institutional client base and is proud to count as clients some of the most sophisticated institutions in Australia, the United States and Canada.

www.presima.com

For further information: François Forget, Executive Vice-President, Global Head of Client Service and Business Development, Presima Inc., 514-673-1317, fforget@presima.com

Source: Presima
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February 23, 2016 at 3:51 pm

Posted in Uncategorized

HYT Crosses Over to the Dark Side With the Skull Bad Boy

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NEUCHATEL, Switzerland /PRNewswire/ —

Skull. Bad. Boy.

Need we say more? The name really says it all. Its appearance speaks volumes, yet masks a stunning complexity. There’s more to the skull than meets the eye!

(Photo: http://photos.prnewswire.com/prnh/20160219/335393 )
(Photo: http://photos.prnewswire.com/prnh/20160219/335394 )

Back to black

One would naturally assume that the starting point for the Skull Bad Boy was the skull itself, unveiled by HYT in 2015. Not so. The creative impetus actually came from the new liquid which surrounds it.http://www.hytwatches.com

This is not a simple aesthetic variation. This opaque black, so simple to look at, took more than 12 months to develop. Like the four other colours developed by HYT, the black version has its own chemical properties. These affect attributes such as viscosity, expansion coefficient and UV resistance.

Its creation meant going back to scratch. The goal? To create a fluid able to adapt to the constraints of an HYT movement, which does not adhere to the wall of the capillary, can hold a meniscus and does not interact on a molecular level with the elements it comes into contact with. The result was achieved in autumn 2015 before undergoing several weeks of testing to confirm its chemical stability.

Black…out

Chemistry was one concern, but aesthetics was another. Creating a black fluid is not without its problems: whilst the other colours created by HYT are able to reflect all or some of the light they receive, black absorbs everything. The inevitable result is that it is impossible to read the time on the Skull Bad Boy in the dark.

To go with this new black liquid, HYT wanted to create a skull with the distinctive appearance of Damascus steel, used for knives and Samurai swords. The dial comprises two half-moons decorated with the “Clous de Paris” stud pattern. Its indexes are created in a Gothic font, complementing the Skull Bad Boy’s hard rock look.

Download our full press kit: http://bit.ly/1Ql26aB

Watch the video: https://youtu.be/0KJ_M6Zf6Ic

ABOUT HYT

HYT’s Hydromechanical Horologists mix mechanics and liquid within a wristwatch.

Two flexible reservoirs with a capillary attached at each end. In one, a coloured liquid; in the other, a transparent one. Keeping them apart is the repulsion force of the molecules in each fluid.

The hours are indicated by the coloured liquid released from a flexible reservoir compressed by a piston. These reservoirs, or bellows, are located at six o’clock and are made from a supple alloy. The first coloured liquid travels through the capillary pushing the transparent one back into its own reservoir and then returning to its original position at six o’clock in what is referred to as a retrograde manner.

The secret that gets the reservoirs going? Two bellows made of a highly resistant, flexible alloy, each driven by a piston. And this is where watchmaking comes in to activate the system.

http://www.hytwatches.com

Source: HYT Watches

Written by asiafreshnews

February 23, 2016 at 3:30 pm

Posted in Uncategorized

MGM MACAU Named ‘Five-Star Recommended Hotel’ by Forbes Travel Guide 2016

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-Company Thanks Staff for Its Dedication in Achieving Prestigious Recognition

MACAU/PRNewswire/ — Forbes Travel Guide today unveiled its annual Star Rating list, naming MGM MACAU as a Forbes Travel Guide Five-Star Recommended Hotel. MGM MACAU will be showcased with all of the Star Rating recipients on ForbesTravelGuide.com.

Forbes Travel Guide 2016 named MGM MACAU as a Forbes Travel Guide Five-Star Recommended Hotel. Its stringent standards in the hospitality industry reaffirms MGM's excellence in our quality of service and product offerings.
Forbes Travel Guide 2016 named MGM MACAU as a Forbes Travel Guide Five-Star Recommended Hotel. Its stringent standards in the hospitality industry reaffirms MGM’s excellence in our quality of service and product offerings.

Mr. Grant Bowie, Chief Executive Officer and Executive Director of MGM China Holdings Limited congratulated the recognition, “We are much delighted to receive the recognition by Forbes Travel Guide. Its stringent standards in the hospitality industry reaffirms MGM’s excellence in our quality of service and product offerings. I would like to thank all of our team members for their dedication, consistently creating great moments for not only our guests, but also for ourselves with earning this prestigious accolade. This recognition further inspires the MGM team to continue to achieve greatness together as we look forward to a host of new and exciting opportunities.”

“Our Star Ratings recognize the finest hotels, restaurants and spas in the world. These ratings serve as the most authoritative guideposts for guests seeking exceptional travel experiences. Our primary mission is to contribute to excellence in hospitality, serving the global tourism industry as well as the guest,” said Gerard J. Inzerillo, Chief Executive Officer of Forbes Travel Guide. “We’re proud to be associated with the new additions to our global list.”

MGM MACAU is a luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style.  MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praca, housed under a soaring glass ceiling.  MGM MACAU’s world class facilities include an Art Space dedicating over 8,000 square feet to display authentic works of art, conference and event facilities, an award-winning spa, and nine signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.

For a detailed explanation of how Forbes Travel Guide compiles its Star ratings, visitwww.forbestravelguide.com/about/ratings.

About Forbes Travel Guide:

Forbes Travel Guide, formerly Mobil Travel Guide, is the originator of the prestigious Five Star Rating system, and has provided the travel industry’s most comprehensive ratings and reviews of hotels, restaurants and spas since 1958. Forbes Travel Guide has a team of expert inspectors who anonymously evaluate properties against up to 800 rigorous and objective standards, providing consumers the insight to make better-informed travel and leisure decisions. Forbes Travel Guide is the gold standard for luxury hospitality ratings worldwide. For more information about Forbes Travel Guide, visit ForbesTravelGuide.com.

ForbesTravelGuide.com combines the objectivity and heritage of the Forbes Travel Guide Star Rating system with insightful recommendations from a hand-selected group of travel experts, tastemakers and Forbes Travel Guide inspectors. ForbesTravelGuide.com is the sole online destination for Forbes Travel Guide’s list of Star Rated hotels, restaurants and spas, and gives its registered members exclusive access to special offers and curated experiences from select Forbes Travel Guide partners.

Follow Forbes Travel Guide:

Instagram: www.instagram.com/forbestravelguide
Facebook: www.facebook.com/forbestravelguide
Twitter: www.twitter.com/ForbesInspector

About MGM

MGM is an abbreviation for MGM China Holdings Limited (HKEx: 2282) and is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions/subconcessions to run casino games in Macau.  MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and is developing a second resort, MGM COTAI which is expected to more than double our presence in the world’s largest gaming market, Macau.

MGM MACAU is a luxury integrated resort inspired by the arts with every element of the resort infused with creativity and style.  MGM MACAU has approximately 600 guest rooms and suites and boasts a number of distinguishing features, including the architecturally stunning European-inspired Grande Praca, housed under a soaring glass ceiling.  MGM MACAU’s world class facilities include an Art Space dedicating over 8,000 square feet to display authentic works of art, conference and event facilities, an award-winning spa, and nine signature restaurants and bars to fulfill any gastronomic craving. Our property is conveniently located on prime waterfront on the Macau Peninsula and is directly connected to the luxury retail shopping complex, One Central.

MGM COTAI designed as the “jewelry box” of Cotai, plans to offer approximately 1,500 hotel rooms and suites, meeting space, high end spa, retail offerings and food and beverage outlets as well as the first international Mansion at MGM for the ultimate luxury experience.  MGM COTAI will offer Asia’s first dynamic theater and a spectacle to wow every guest who steps foot in our resort. MGM COTAI is being developed to drive greater product diversification and bring more advanced and innovative forms of entertainment to Macau as it grows as a global tourist destination. The US$3 billion project is expected to open in the fourth quarter of 2016.

MGM China is majority owned by MGM Resorts International (NYSE: MGM) one of the world’s leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, MGM Grand, Mandalay Bay and The Mirage.  For more information about MGM Resorts International, visit the Company’s website at www.mgmresorts.com.

For media enquiries, please contact:    

Irene Wong 

Vice President of Public & Community Relations

MGM      

Tel: (853) 8802 2822   

Email: irenewong@mgmchina.com.mo

Karen Lam                        

Juliana Kung                                                        

Public Relations Manager        

Public Relations Manager

MGM           

MGM

Tel: (853) 8802 3801     

Tel: (853) 8802 3803

Email: karenlam@mgmchina.com.mo   

Email: julianakung@mgmchina.com.mo

Photo – http://photos.prnasia.com/prnh/20160222/8521601116

Source: MGM

Related stocks: HongKong:2282 OTC-PINK:MCHVY

Written by asiafreshnews

February 23, 2016 at 3:12 pm

Posted in Uncategorized