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Mixed Picture on 5G Impact on Smartphone Upgrades, Smart Speaker Momentum Continues

LAS VEGAS-Wednesday 8 January 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The smartphone will remain the dominant consumer device into the new decade, but the arrival of 5G will not guarantee a surge in device upgrades, according to new GSMA Intelligence research. A new report, The Future of Devices, published at the Consumer Electronics Show (CES) 2020 in Las Vegas today, provides a wealth of insight on consumer technology adoption trends over the coming years, including the outlook for smartphones, smart speakers, wearables and other emerging categories.

Based on the results of GSMA Intelligence’s 2019 Consumer Survey, the report found that smartphone ownership among adults in most high- and middle-income countries is at 85-95 per cent. However, only 30-40 per cent of survey respondents in significant markets such as the US, Europe and Australia said the arrival of 5 ... Read more »

CORAL GABLES, Fla. -Tuesday 7 January 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- AerSale Component Solutions, a division of AerSale®, Inc., announced today it has received approval from the Federal Aviation Administration (FAA) to overhaul Boeing 737, 757, and 767 series aircraft landing gear. FAA approval to overhaul landing gear for the Airbus A320 family of aircraft is expected in the coming months.

“We are committed to providing our customers with a full suite of products and services, and FAA approval to overhaul landing gear used on widely popular commercial aircraft is yet another example of the broad range of integrated aircraft solutions and technical capabilities we offer,” said Nicolas Finazzo, Chairman & Chief Executive Officer of AerSale. “Our goal is to provide our customers with a convenient, cost effective, and quality one-stop shop to service their needs.”

“We worked very hard to obtain this approval,” a ... Read more »

Settle IP issue out-of-court

BANGALORE, India.-Tuesday 7 January 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- STEER Engineering, creator of advanced materials platform technologies that effectively transform and functionalise materials in the fields of plastics, pharmaceuticals, food & nutraceuticals, biomaterials and biorefining, announced that it has reached an out-of-court settlement with Glaxo Smith Kline Group (GSK) with regard to the use of their revolutionary technology to produce Horlicks.

Following the settlement, GSK has issued a public statement acknowledging STEER’s contribution in creating step change technology to produce Horlicks. GSK said,“Using STEER’s state-of-the-art technology, high quality extruders, and dedicated personnel, the project has brought a new-to-world technology to fruition, involving numerous improvements compared to the traditional way Horlicks is made. The new process requires only half the footprint o ... Read more »

The new Nikon compact camera captures a world beyond our own

DUBAI, United Arab Emirates-Wednesday 8 January 2020 [ AETOS Wire ]

The Nikon P950, an easy-to-carry camera that provides super-telephoto performance exceeding users’ expectations is announced by Nikon Middle East FZE today. The easy to use, hassle-free compact digital camera is built for photos and videos with 2000mm focal length from 83x optical zoom, Vibration Reduction (VR) function capability for steady shots and boasts the ability to record videos in 4K UHD. Seasoned hobbyists that dabble in bird/animal-watching, astronomy and aviation or sports photography are sure to love this super-telephoto camera.

“The COOLPIX P950 is an ultra-high-power zoom model that provides imaging experiences that exceed users’ expectations with overwhelmingly high magnifications, versatile image expressions and comfortable usability,” said Narendra Menon, Managing Director, Nikon Middle East ... Read more »

LONDON-Tuesday 7 January 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- ZEDRA Group (“ZEDRA”), the global specialist in Corporate, Fund and ‘Active-Wealth’ services and Corsair Capital LLC (“Corsair”), one of the leading private equity firms focused on the financial and business services industries, today announced the successful close of Corsair’s majority investment in ZEDRA Group. The transaction, which was first announced on November 28, 2018, has been approved by all relevant regulatory authorities.

Following the close of the transaction, Bart Deconinck, a highly experienced industry figure who previously has been CEO of Intertrust and was a founder of Vistra before going on to co found Zedra four years ago, has been appointed Group Executive Chairman. In addition, Ivo Hemelraad, formerly Zedra Group Director Corporate Funds & Legal, will assume the role of Group Chief Executive Officer.

ZEDRA delivers tailored high q ... Read more »

The fast telephoto zoom lens brings outstanding optical performance empowered by the Z mount’s high image quality

DUBAI, United Arab Emirates-Tuesday 7 January 2020 [ AETOS Wire ]

 Nikon Middle East & Africa is pleased to introduce the release of the long-awaited and sought after NIKKOR Z 70-200mm f/2.8 VR S. With the incorporation of the Z mount system and the latest optical technologies, the versatile focal length of 70-200mm with a bright f/2.8 aperture delivers superior edge-to-edge sharpness throughout the entire zoom range, even at the maximum aperture.  

The NIKKOR Z 70-200mm f/2.8 VR S is a powerful addition to your kit that is well suited for many situations, allowing you to get wide to tight shots, from capturing the overall landscape or focusing on key subjects. Whether you are in pursuit of an adventure on a kayak to taking pictures of extreme sports, wildlife or landscapes, look forward to utilizing the lens for great o ... Read more »

 Company Founder David Hall to Continue as Chairman of the Board

SAN JOSE, Calif.-Tuesday 7 January 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Velodyne Lidar, Inc. today announced Anand Gopalan as its new CEO. Gopalan, who previously was Velodyne’s CTO, assumes the position from Velodyne’s legendary founder David Hall. Hall will continue as full-time Chairman of the Board and remain actively involved in directing the company’s technology, product vision and business strategy.

Gopalan is a distinguished engineer and technology executive with experience building and leading worldwide engineering organizations. He came to Velodyne in 2016 to form an advanced research and development team. Gopalan leads Velodyne’s customer-focused technology and product development teams to address market needs for lidar solutions designed for high performance, cost optimization and high-volume production.

Over the past three years, ... Read more »

CV22FS and CV2FS feature ASIL B (Automotive Safety Integrity Level) functional safety compliance

DENVER-Tuesday 7 January 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Newmont Corporation (NYSE: NEM, TSX: NGT) (Newmont or the Company) today announced that the Company has refreshed its brand, name and logo to reflect its strong and stable foundation following two historic transactions in 2019. The Company’s refreshed brand is being unveiled as Newmont enters its centenary year in May of 2020 and will begin its next century of superior performance, value creation and sustainability leadership on May 2, 2021.

“We successfully completed two historic transactions in 2019, which have transformed Newmont into a truly international organization with an unmatched portfolio of assets and prospects in top-tier jurisdictions around the world,” said Tom Palmer, President and Chief Executive Officer. “As this company has done many times in the past, Newmont has demonstrated its ability to adapt to change, which is truly a hallmark of our success over the last ... Read more »

Ambarella collaborates with AWS on single-click machine learning for edge applications

LAS VEGAS-Friday 3 January 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Ambarella, Inc. (Nasdaq: AMBA), an artificial intelligence (AI) vision silicon company, today announced that Ambarella and Amazon Web Services, Inc. (AWS) customers can now use Amazon SageMaker Neo to train machine learning (ML) models once and run them on any device equipped with an Ambarella CVflow®-powered AI vision system on chip (SoC).

Until now, developers had to manually optimize ML models for devices based on Ambarella AI vision SoCs. This step could add considerable delays and errors to the application development process. Ambarella and AWS collaborated to simplify the process by integrating the Ambarella toolchain with the Amazon SageMaker Neo cloud service. Now, developers can simply bring their trained models to Amazon SageMaker Neo and automatically optimize the model for Ambarella CVflow-powe ... Read more »