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Vietnam’s Hydropower Crisis Persists As Water in Reservoirs Drop to Dangerous Levels

Vietnam’s Hydropower Crisis Persists As Reservoirs Drop to Dangerous Levels
Lai Chau Hydropower dam in Nam Hang Commune, Muong Te District, Lai Chau Province, Vietnam. (Photo: Songda9)

Two out of the three largest hydropower dams in Vietnam, Son La and Lai Chau are reported to be at dead water levels, leaving Hoa Binh Reservoir as the only dam with enough water to generate electricity.

Leading Taiwanese Companies to Exhibit Cutting-edge Industrial and Enterprise 5G Connectivity Solutions at COMNEXT Tokyo 2023

In collaboration with the Industry Development Bureau and the Institute for Information Industry in Taiwan

TAIPEI, TAIWAN – Media OutReach – 13 June 2023 – in partnership with the Industry Development Bureau (IDB) and the Institute for Information Industry (III), Taiwan, a series of industry-leading companies will exhibit their innovative industrial and enterprise 5G connectivity solutions at COMNEXT Tokyo 2023. The exhibition will include Askey Computer Corp., LITE-ON Technology Corp., Quanta Cloud Technology, and REIGN Technology Corporation. A seminar discussing Next Generation Communication Industry Trends in Taiwan and Japan will also take place ahead of the show.

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Events Calendar:

1. Forum: 2023 Taiwan-Japan Forum and Industrial Cooperation Session
June 27th – 13:00 – 16:20
Location: The Okura Tokyo Hotel, Orchard Room, 2nd Fl., 2-10-4 Toranomon Minato-ku Tokyo 105-0001 Japan
Please register to attend the forum at: https://www.local5g-tw-jp.com/

2. COMNEXT Tokyo 2023 5G Team Taiwan Booth
June 28th – 30th
Location: Tokyo Big Sight, West Hall, Booth 4-12
More at the exhibition page: https://lnk.globalpr.agency/5gtw3

3. Grand Opening Ceremony
June 28th – 10:00
Location: 5G Team Taiwan COMNEXT Booth, West Hall, Booth 4-12
Open to the public, no registration necessary.

Meeting Arrangements & Translation:
Visitors interested in an exhibitor can submit a form before the show to arrange a meeting with a company representative.
All pre-arranged meetings will have translators present to offer assistance at no cost.

To apply for free meeting arrangement services, please go to:
* https://5gteamtaiwan.globalpr.agency/5gmeeting-jp (Japanese Form)
* https://5gteamtaiwan.globalpr.agency/5gmeeting (English Form)

The 5G Team Taiwan COMNEXT Participants

Askey Computer Corp. (ASKEY)
ASKEY, a subsidiary of ASUSTeK Computer Inc., is a specialist in wireless network communications and intelligent IoT equipment for industry and enterprise, including 5G, Wi-Fi 6/7 and Bluetooth Mesh networks. ASKEY’s R&D, manufacturing, and business footprints have reached throughout Taiwan, China, Brazil, Japan, and North America.

ASKEY 5G Products Exhibited:
ASKEY 5G network solutions are designed to deliver faster speed, lower latency, and increased capacity, making them the ideal solution for businesses that require high-bandwidth for applications such as video conferencing and AR/VR/XR. With inherently high reliability and robust security, a private 5G network allows businesses to take control of their wireless connectivity by customizing the network to meet their specific needs. Deployments can be on-premises, providing work sites with complete control and security, or providing connectivity off-site to remote locations.

ASKEY Private Network Solutions can directly accelerate 5G AI+IoT integration in smart factories; for example, a smart manufacturing site can adopt ASKEY 5G devices, allowing data collection by autonomous mobile robots (AMR), unmanned vehicles (AGV), and VR to be transmitted with exceptionally low latency. This has allowed operators to perform real-time collaboration and remote maintenance, maximizing factory efficiency and capacity.

LITE-ON Technology Corp. (LITEON)
Founded in 1975, LITEON is dedicated to providing low power, highly efficient 5G/O-RAN SA products. With the commitment to innovation in designs and manufacturing capabilities in Taiwan, it offers small cell, AIO & EMS cross both sub-6GHz (FR1) & mmWave (FR2) solutions worldwide for customers in complex operating environments and with multiple application requirements.

LITEON 5G Products Exhibited:
LITEON RAN solution provides a comprehensive 5G/O-RAN SA compliant product portfolio from O-RU, All-in-One small cell to EMS-RIC, which supports both Sub-6GHz (FR1) and mmWave (FR2) spectrum.

LITEON FlexFi AIO & Femtocell are designed to support sub-6G bands across n78/n79, using a flexible, high performance, and cost-effective architecture. Customers can streamline deployment through PoE, while minimizing power consumption and operating costs. LITEON FlexFi O-RU embraces the concept of a virtualized, disaggregated, and open architecture, which can be deployed in a wide range of scenarios across both sub-6GHz (FR1) and mmWave (FR2) in varied architectures. LITEON LiteNetics is a comprehensive 5G network management system that offers an intuitive web interface for operators to deploy, scale and optimize small cell performance in daily operation.

Quanta Cloud Technology (QCT)
Quanta Cloud Technology (QCT) designs, manufactures, integrates and services cutting edge offerings for 5G Telco/Edge, AI/HPC, Cloud, and Enterprise infrastructure via its own global network. Product lines include hyper-converged and software-defined data center solutions as well as servers, storage, and network switches from 1U to entire racks with a diverse ecosystem of hardware components and software partners to fit a variety of business verticals and workload parameters.

QCT 5G Products Exhibited:
QCT also offers 5G end-to-end solutions spanning data center, core network, radio access network deployment, to on-premise applications, as well as a full spectrum of off-the-shelf hardware solutions that include storage, NFVI, DU/CU servers, edge servers, and uCPE, to drive fundamental changes in the way telco operators plan, deploy, and manage their infrastructure with greater flexibility, scalability, and cost-effectiveness.

REIGN Technology Corporation (G REIGNS)
G REIGNS creates a portable 5G private network system, enabling users to create an enterprise own, secure, enterprise-grade network environment anywhere quickly and easily with a cellular signal. With up to 1.4Gbps downlink, flexible indoor/outdoor designs, in-built QoS and resource scheduling, the REGIN CORE/REGIN CORE S2 provides high reliability and ensures predictable operation.

G REIGNS 5G Products Exhibited:
The G REIGINS 5G private network provides a highly reliable and flexible system for private 5G network applications and deployments. Supporting several sub-6GHz FR1 bands with up to 100MHz maximum bandwidth, it ensures 5G SA wireless signals can operate and deploy large scale without interference.

Deployments within customer facilities can be tailored according to power requirements and the connection reach/performance desired for each environment, accommodating higher power output for outdoor use or low power when indoors. QoS and Resource Scheduling can be tailored to guarantee bandwidth to terminals and ensure the performance predictable and acceptable for the application requirements. A dedicated SIM card with two-way identification and authentication significantly improves security.

For more information about the 5G Team Taiwan or to request further information, please contact Samantha Wang at samantha@globalpr.agency or Mei Chang at mei@globalpr.agency

Hashtag: #InstituteforInformationIndustry

The issuer is solely responsible for the content of this announcement.

About Industry Development Bureau, Taiwan

The Industrial Development Bureau (IDB) is an administrative agency of the Ministry of Economic Affairs of Taiwan. IDB serves the role to formulate industrial policies, and to oversee various industries including metal & mechanical, information technology, consumer goods & chemical, knowledge services, as well as sustainable development in Taiwan.

About Institute for Information Industry, Taiwan
The Institute for Information Industry (III) has contributed to pioneering research and development in information and communication technology, the deepening and broadening of information applications, training and educational activities, and national technological infrastructure deployment. As The Digital Transformation Enabler, its objective is to promote information communication technology innovation and applications in Taiwan, and to assist in the development of the digital economy.

OPSWAT Announces Partnership with Digital China

Strategic partnership to provide stronger critical infrastructure cybersecurity solutions in the Greater China market

BEIJING, CHINA – Media OutReach – 13 June 2023 – OPSWAT, a global leader in Critical Infrastructure Protection (CIP) cybersecurity solutions, announced today a partnership with Digital China, a leading provider of IT and OT solutions. Digital China will now offer the most comprehensive network security solutions with OPSWAT in the Chinese market.

“As the exclusive distributor for OPSWAT in China, Digital China is delighted to have a deep collaboration with OPSWAT to safeguard users’ critical infrastructure from malicious software and zero-day attacks. OPSWAT, as a globally leading cybersecurity company, focuses on providing multi-layered, multi-engine security solutions to assist organizations in protecting their data, applications, and infrastructure from malicious software and other threats.”, said Liu Tong, General Manager of the Digital Security and Solutions Business Division at Digital China.

As China continues to strengthen and improve its legal and regulatory framework for protecting critical information infrastructure, the implementation of security measures for such infrastructure is set to begin with the enforcement of GB/T 39204-2022, “Information Security Technology – Requirements for Critical Information Infrastructure Protection.” Protecting critical information infrastructure is a complex undertaking that requires continuous research, design, and implementation of security principles and concepts. To further enhance the implementation of national requirements for information security infrastructure, Digital China has recently signed an official agreement with OPSWAT to become its authorized distributor in China.

“I am pleased to announce that OPSWAT is extending our offerings to the Greater China market. As a trusted provider of cybersecurity solutions for critical infrastructure globally, our network security solutions have already protected thousands of organizations worldwide. We believe that our products will be highly suitable for organizations in this region, helping them better implement cybersecurity strategies and achieve their security goals.”, said Yiyi Miao, CPO at OPSWAT.

Currently, OPSWAT’s products safeguard critical infrastructure in over 50 countries worldwide, with over 1,500 organizations relying on OPSWAT products to protect their files and devices. This ensures the protection of their assets, reputation, property, and employees against various malicious attacks, while complying with government and industry regulations and policies. These users span across industries such as banking, securities, insurance, energy, high-tech, manufacturing, transportation, and cloud services.

OPSWAT currently has 11 exclusive patents and a team of 500+ professional developers around the globe. Leveraging its extensive experience in infrastructure security and accumulated expertise, Digital China conducts comprehensive security assessments for users from various industries, considering industry-specific characteristics and current customer situations. By partnering with OPSWAT, Digital China aims to safeguard users’ critical infrastructure from malicious software and zero-day attacks, continuously enhancing product, technology, and service capabilities in the field of security and enabling digital transformation for enterprises.

Hashtag: #opswat #digitalchina #cybersecurity #criticalinfrastructureprotection #cip



The issuer is solely responsible for the content of this announcement.

About OPSWAT

OPSWAT is a global leader in IT, OT and ICS critical infrastructure cybersecurity solutions and Deep Content Disarm and Reconstruction (CDR), protecting the world’s mission-critical organizations from malware and zero-day attacks. To minimize the risk of compromise, OPSWAT Critical Infrastructure Protection solutions safeguard both public and private sector organizations with the latest technology, processes, and hardware scanning to secure the transfer of data, files, and device access across critical networks. More than 1,500 organizations worldwide spanning Financial Services, Defense, Manufacturing, Energy, Aerospace, and Transportation Systems trust OPSWAT to secure their files and devices; ensure compliance with industry and government-driven policies and regulations, and protect their reputation, finances, employees, and customers from cyber-driven disruption. For more information on OPSWAT, visit .

About Digital China

Digital China Group Co., Ltd. (000034.SZ), founded in 2000, is committed to being a leading partner in digital transformation. In 2022, Digital China achieved an annual revenue of CNY 115.88 billion (20 billion USD), ranking 114th on the Fortune China 500 list and 29th on the Forbes 2022 China’s Top 100 Digital Economy list. It has been selected as the most valuable IT distributor for ten consecutive years. Digital China has over 7,000 employees in China and maintains long-term and cooperative relationships with more than 30,000 partners.

Coface Country and Sector Risk Barometer – Q2 2023 Lost illusions and great expectations

HONG KONG SAR – Media OutReach – 13 June 2023 – The year 2023 began with great enthusiasm, but in all likelihood it will not be the year that most observers were expecting. The 1st half of the year has reinforced some of our convictions: no, inflation will not spontaneously and painlessly return to its 2% target in developed countries; no, central banks will not “pivot” between now and the end of the year; and no, the mere lifting of health restrictions will not enable China to play the role of relay engine for the global economy. Two essential things that the market had lost sight of also came back to the fore: access to abundant, cheap energy remains central to the functioning of the global economic system, and monetary policy has more direct effects on asset valuations and financial stability than on consumer prices.

The economic outlook remains closely linked to inflation trends and to the response of central banks, and our forecasts are subject to a number of downside risks, including the supply of energy and credit.

Against this backdrop, Coface made 13 upgrades and 2 downgrades revisions to its country assessments, as well as 26 changes to its sector ratings (13 reclassifications and 13 downgrades). These underline an improvement in the outlook, but an environment that remains very demanding and uncertain.

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The resilience of the global economy is confirmed, but the outlook remains gloomy

The growth figures for the beginning of the year for the major economies confirmed that the spectre of recession has receded for the time being (with the exception of Germany). There are several reasons for this. Firstly, Europe has managed to avoid disruption to its energy supplies. Secondly, resilience came from a surge in consumption in North America and China. Finally, emerging economies also confirmed their resilience. All this has led us to revise upwards our growth forecast for the global economy in 2023 to 2.2%.

These various factors are reflected in our country assessments, with 13 upgrades, mainly concerning emerging countries[1] . 7 of the 13 sector upgrades concern the transport sector, which is benefiting from the upturn in tourism and the easing of tensions in supply chains.

Nevertheless, the economic outlook remains lacklustre for 2023 and beyond, particularly in the advanced economies. Our forecast (2.3% growth for 2024) suggest that global growth is unlikely to rebound significantly. The near-stagnation of the global economy is set to continue, with continued weakness in the US, a timid recovery in Europe and Chinese growth below pre-pandemic standards.

Inflation down, but not out

In the list of major risks for the months ahead, the risk of persistent inflation remains high. The “mechanical” fall in inflation in the 1er half of the year has been confirmed, as the repercussions of the conflict in Ukraine on energy prices are fading in most economies. On the other hand, signals of more entrenched inflation have also been confirmed, with core inflation stabilizing at high levels in the Eurozone, the UK and the USA.

Renewed inflationary pressures are still possible. China’s recovery has not yet reached its full potential, and is likely to exert pressure on gas supplies. Meanwhile, the oil market is tighter following OPEC+’s announcements of production cuts. The organization has withdrawn the equivalent of around 3.7% of global demand from the market. For the time being, we are maintaining our forecast of an annual average of around 90 USD/barrel.

In addition to energy prices, agricultural commodities are also worth monitoring. While their decline in recent months has not necessarily been passed on to consumer prices, new upside risks are already emerging. In addition to the Russian-Ukrainian conflict, which will continue to exert pressure, the El Niño climate phenomenon seems to be on the horizon from the second half of 2023. It could influence production and prices in 2023-24, with warmer temperatures and intense water deficits in some parts of the world.

Tighter credit conditions and a further rise in business insolvencies

The effects on inflation of the unprecedented monetary tightening in recent months are still largely to be seen, particularly in terms of service prices. The latter are still rising at levels that are hardly compatible with the 2% inflation target. Nevertheless, some of the major central banks have decided to pause rate hikes, starting with the Bank of Canada, the Reserve Bank of Australia and, probably, the FED. Conversely, the Bank of England is likely to raise its rate again, and the ECB will probably be forced to hike at its next meetings.

Pauses in rate hikes should allow to assess the impact of actions taken over the past year. Indeed, the turbulence in the banking sector can raise concerns about a credit squeeze, which is already visible. The slowdown in new lending to households and businesses, which drags down domestic demand, economic activity and, ultimately, inflation, also argues for a cautious stance from central banks.

In the coming months, companies will have to contend with an adverse environment of higher prices and tighter credit conditions, as well as sluggish domestic demand. In addition, after an overall increase in margins in 2022, businesses are likely to see their operating profitability decline under the combined effects of a gradual fall in core inflation and rising unit labor costs. The sharp increase in corporate insolvencies since the start of the year in most advanced economies is likely to continue, and even intensify, over the coming months.

Emerging economies will continue to drive global growth, but pockets of vulnerability persist

While advanced economies will see their growth fall in 2024, emerging countries should accelerate, with growth of 3.9%, their strongest expansion since 2018. The main factor will be the gradual recovery of the Chinese economy, which will benefit commodity exporters. The second factor is the pause in the Fed’s monetary tightening cycle.

Coface is therefore upgrading energy-exporting countries such as Saudi Arabia, Qatar, Nigeria and Kazakhstan. Meanwhile, Malaysia and the Philippines, which will benefit from the influx of Chinese tourists, are returning to their pre-pandemic assessments. It should be stressed, however, that the tightening of global financing conditions has put many countries at risk of default. Egypt was downgraded in 2022, and Ghana last February. In the same vein, we are downgrading Kenya and Bolivia this quarter.

Click here for the full Coface barometer


[1] Malaysia, Philippines, Saudi Arabia, Qatar, Tanzania, Niger, Nigeria, Cape Verde, Bosnia-Herzegovina, Kazakhstan and Uzbekistan

Hashtag: #economy #outlook #inflation #insolvency #riskassessment #countryrisk

The issuer is solely responsible for the content of this announcement.

COFACE: FOR TRADE

With over 75 years of experience and the most extensive international network, Coface is a leader in trade credit insurance & risk management, and a recognized provider of Factoring, Debt Collection, Single Risk insurance, Bonding, and Information Services. Coface’s experts work to the beat of the global economy, helping ~50,000 clients in 100 countries build successful, growing, and dynamic businesses. With Coface’s insight and advice, these companies can make informed decisions. The Group’ solutions strengthen their ability to sell by providing them with reliable information on their commercial partners and protecting them against non-payment risks, both domestically and for export. In 2022, Coface employed ~4,720 people and registered a turnover of €1.81 billion.

Scroll and Newman Capital to Co-Host the First ETH Hong Kong Event, Empowering Web3 Builders in the Fast-Growing APAC Region

Ethereum leaders aim to strengthen Hong Kong as a gateway to the US$81.5 billion APAC market and access to 520K+ developers

HONG KONG SAR – Media OutReach – 13 June 2023 – Today, Scroll, a leading native zkEVM scaling solution for Ethereum, and Newman Capital, a Web3 technology venture capital firm, are thrilled to announce their partnership as co-hosts of the highly anticipated ETH Hong Kong event. Taking place in the third quarter of 2023, this event will be the first Ethereum community-owned gathering of its scale in the city.

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“Hong Kong is renowned as a global business and financial center, serving as a critical link between the East and the West,” said Adrian Lai, Founder and Managing Partner of Newman Capital. “The city has attracted many founders and firms due to its access to capital markets, but there is more to be done at a grassroots level to foster local innovation and attract global talent. As a Hong Kong native, I am excited for Newman to play a role in nurturing builders, thereby establishing Hong Kong as a true global blockchain hub.”

According to statista.com, the market opportunity for blockchain applications in China is projected to reach almost US$9.7 billion by 2030. Hong Kong is strategically positioned to optimize its role as a gateway to China and the 520,000+ developers building technology applications.

Recognizing the growing demand for a platform that empowers and connects Web3 builders in Hong Kong and across the wider APAC region, ETH Hong Kong aims to create a collaborative environment to support the development of the Ethereum ecosystem with a strong focus on developer-driven content. By bringing together builders, investors, and industry leaders, the event will foster knowledge sharing, collaboration, and innovation within the Web3 space.

Sandy Peng, Co-founder of Scroll, expressed her enthusiasm, stating, “As an active builder and contributor to Ethereum events around the world, we are thrilled to collaborate with a dedicated group to bring this transformative experience to Hong Kong. This vibrant city has always embraced growth and innovation, providing countless opportunities for forward-thinking entrepreneurs. By offering a platform for builders who share our vision of a decentralized future, we aim to empower developers in Hong Kong and the wider APAC region to seamlessly transition from Web2 to Web3, building applications on blockchains faster, scaling easily, and running applications on Ethereum.”

The Hong Kong government recently introduced a HK$30 billion mutual fund in 2023 to boost the financial sector, including fintech, blockchain, and digital assets. This fund aims to provide grants and funding opportunities to blockchain entrepreneurs, fostering innovation and growth in the sector. Additionally, Hong Kong has maintained a regulatory framework that promotes openness and encourages the development of blockchain and cryptocurrency-related businesses.

The organizing committee for ETH Hong Kong consists of well-known regional and local blockchain entities including FOMO Asia, PANews, 852 WEB3 and YuetDAO.

“We are thrilled to host the first-ever large-scale ETH Hong Kong event,” said Kyle Leung, head of the ETH Hong Kong organizing committee and Co-founder of FOMO Asia. “With a comprehensive schedule of panel discussions, workshops, boot camps, and hackathons led by industry leaders, we aim to further position Hong Kong as a global Web3 hub and advance the growth of the broader ecosystem.”

The ETH Hong Kong event promises to be an immersive experience for participants, providing opportunities for networking, knowledge exchange, and collaboration. Developers, builders, investors, and blockchain enthusiasts interested in participating in ETH Hong Kong can find more information and submit inquiries through the official website: https://www.ethhongkong.co/.

Hashtag: #NewmanCapital #Web3 #Ethereum #ETH #ETHHongKong #Scroll

The issuer is solely responsible for the content of this announcement.

About Newman Capital

Newman Capital is a proprietary venture capital firm headquartered in Hong Kong, with a presence throughout Asia and the United States. With a vast knowledge and network, the firm interconnects diverse communities, bridging the gap between East and West, Web2 and Web3, developed and emerging markets, and more. Newman Capital seeks out aspiring founders and groundbreaking technologies at the forefront of Web3, connecting them with top-tier resources to unlock new opportunities for scalable impact. To learn more, visit:

About Scroll

Scroll is a fully EVM-equivalent zk-Rollup built to scale the Ethereum network. Committed to providing users with near-instant and cost-efficient transactions, Scroll upholds the high-security properties offered by the Ethereum network. As a community-centric and fully open-source ecosystem, Scroll aims to make blockchain scalability accessible to billions of users. With its zkEVM protocol layer, developer tools, and decentralized applications, Scroll aims to unlock the power of Web3 with the same security as the Ethereum blockchain. To learn more, visit:

ABOUT Fomo Asia

FOMO Asia is one of largest Web3 Conferences in Asia. The team believes in the power of uniting global Web3 thought leaders, founders, builders and investors to drive mass adoption for blockchain technology. FOMO Asia has run large-scale events in key blockchain frontiers in the world, including New York, Austin, Singapore, Taipei, Bangkok, Manila. It organized the Genesis Conference in Hong Kong in March 2023 which attracted more than 3,000 participants worldwide and 130+ speakers to attend. It was considered one of the most influential web3 forces.

CBK White Paper Series: Retail Marketing in the Digital Era

Professor Hao Shen, Department of Marketing, CUHK Business School

HONG KONG SAR – Media OutReach – 13 June 2023 – COVID-19 has done much to change the purchase habits of consumers around the world, especially by significantly accelerating the adoption of online commerce. Around the world, retail stores shut down as countries entered lockdowns to prevent the spread of the virus during the start of the pandemic. Online commerce boomed as consumers flocked online to purchase a wide array of goods.

The digital age and global pandemic have significantly altered purchasing behavior.

The digital age and global pandemic have significantly altered purchasing behavior.

Two years on, in the new normal that has emerged, it is becoming increasingly apparent that the rise in ecommerce is here to stay. According to figures released by the United Nations Conference on Trade and Development (UNCTAD), the online retail sales of seven countries that altogether made up for around half the world’s total GDP jumped from US$2 trillion in 2019, immediately before the pandemic began. This rose to around US$2.5 trillion in 2020 at the height of the pandemic, and its rise was sustained into 2021 at US$2.9 trillion, with China making up for over half of online retail sales across these markets.

Customers are becoming increasingly savvy in their digital shopping experiences. To ensure businesses stay on top of trends in the post-pandemic world, they must build an effective strategy that takes into account the rapid evolution of consumer preferences that have been brought on by the pandemic.

In this CUHK Business School Research White Paper, we shall examine some of the questions that companies and marketing professionals must deal with to succeed in this new digital age.

Capturing Consumer Attention in the Smartphone Era

First of all, customers now more than ever expect e-ecommerce websites to be clear, informative and highlight the wide variety of products available to them. In light of this, how can companies most effectively capture the attention of consumers in a digital age where the majority of purchase decisions are increasingly being conducted in front of mobile devices such as smartphones?

One of the studies found that in viewing images of potential products on a digital screen, the direction of a person’s eye movement can affect how favourably they evaluated it. For example, the product evaluations are more favourable if eye movement direction matched the direction of travel of other bodily appendages, such as a finger.

As consumers have switched their purchase habits away from physical retail stores, so too has payments now shifted to being dominated by an array of region-specific digital formats, from bank transfers to e-wallets and credit cards and even short-term financing (Buy Now Pay Later) solutions. But can the use of digital payments affect how customers make purchase choices?

In one study, we sought to look at whether making payments in credit cards or cash could lead consumers to think about their purchase decisions in a more abstract versus concrete manner. What we found was that if people paid for purchases with a credit card, as is the case in an online transaction, then it would cause them to activate a more abstract mindset that causes them to focus on the main features of the product or service they are considering purchasing. On the other hand, paying with cash can cause consumers to activate a more concrete mindset and to focus on the minor details of a product or experience.

Embrace The Use of Audio and Visual Elements

Social media has become a crucial part of any e-commerce plan.

Social media has become a crucial part of any e-commerce plan.

Social media has also become a crucial part of any e-commerce plan, with the popularity of platforms such as Instagram, Tiktok to China’s WeChat all surging as people sought to maintain social contact at the height of the pandemic. Many of the current generation now use social media as their main conduit with which to learn more about the world around them, including where to shop and what to buy. In this age of the rise of social media, how can companies leverage off new and exciting ways to communicate to their customers and spread the word of mouth, and how can they shape consumer feedback to their advantage?

What we found was that speaking about a brand tends to increase a person’s connection to it, as opposed to writing about it. That’s why marketing professionals should consider encouraging consumers to utilise channels where they can offer feedback in verbal or spoken forms. By encouraging consumers to provide spoken feedback on their products on social media platforms through video or audio, we found that at least popular brands stand to reap benefits associated with a strengthened consumer connection, whether that be increased resistance to criticism against the brand, or a stronger willingness to wait for products to become available again in cases of stock-out.

The Surprising Impact of Touchscreen Menus

Finally, physical retail itself has been transformed as customers have gradually make their way back to brick and mortar stores, with more and more businesses making use of touch interfaces to communicate and interact with customers. Do their use affect consumer choice and what could be potential implications for consumers and policymakers?

In our research into how restaurants and other food and beverage outlets make use of self-service kiosks, we find that when customers use a touchscreen menu to order food, it makes them more likely choose food which make feel better, such as a piece of cheesecake, rather than something which they know is healthier for them, like a salad.

The two-prong challenge of the arrival of the digital age and the spread of the global pandemic has done much to change how people make purchases. Consumers are continuing their shift into digital shopping and increasing numbers of consumers around the world are shopping online for the first time, likely drawn by its convenience and access to a potentially wide variety of goods. As brands venture into this post-pandemic world that is increasingly driven by e-commerce, they need to adjust their strategies to take advantage of changing habits in order to thrive.

Like most industries, retail will find a way to thrive in the digital age. But it will only be able to do so if marketers possess a deep understanding of how customer habits and behaviours continue to evolve as a result of new technological improvements. At CUHK Business School, we look forward to exploring these ongoing developments as they happen and sharing how they will impact on brands and marketing professionals alike.

Read more: https://cbk.bschool.cuhk.edu.hk/research-whitepapers/retail-marketing-in-the-digital-era/

Hashtag: #CUHKBusinessSchool

The issuer is solely responsible for the content of this announcement.

Samsung Opens New Era of OLED Gaming with Global Launch of Odyssey OLED G9

The world’s first DQHD OLED monitor features AI upscaling and an incredibly fast 0.03ms response time (GtG) to bring gamers closer to the action

SINGAPORE – Media OutReach – 13 June 2023 – Samsung Electronics Co., Ltd. announced the global launch of the Odyssey OLED G9 gaming monitor (G95SC model), which has been enhanced with next-level AI upscaling technology. Building on the success of last year’s Odyssey OLED G8 (G85SB), the new monitor joins the lineup to open a new era of OLED gaming.

Odyssey OLED G9 (1).jpg

“Last year, Samsung addressed the demands and expectations of even the most experienced gamers with the launch of the Odyssey OLED G8,” said Hoon Chung, Executive Vice President of the Visual Display Business at Samsung Electronics. “With the introduction of the Odyssey OLED G9, equipped with unrivalled picture quality, we are excited to offer our customers these powerful gaming monitors and raise the bar for OLED gaming.”

Measuring 49 inches in size with a 1800R curvature, the Odyssey OLED G9 is the first OLED monitor to offer Dual Quad High Definition (DQHD; 5,120 x 1,440) resolution with a 32:9 ratio. The large and wide screen ratio enable users to lose themselves in super-ultrawide vistas — equivalent to two QHD screens side by side. At the same time, its rapid 0.03ms gray-to-gray (GtG) response time and 240Hz refresh rate offer players a competitive edge.

The addition of the Neo Quantum Processor Pro sets the Odyssey OLED G9 apart from other OLED gaming monitors. Using a deep learning algorithm, it intelligently analyses images and automatically upscales to adjust brightness while amplifying contrast. This enables the monitor to restore each detail and deliver the most brilliant images, pixel by pixel.

AMD FreeSync™ Premium Pro further enhances the Odyssey OLED G9’s super smooth gameplay experience. With DisplayHDR™ True Black 400, the monitor delivers incredible details and vivid colours regardless of the game being played or the content the user is watching.

The Odyssey OLED G9 features a slim design housed within a sleek metal frame. On the back of the monitor is the much-loved CoreSync and Core Lighting+ which uses advanced lighting technology to match the colours on-screen, making content more immersive and bringing the gaming experience to life. Built-in stereo speakers complement on-screen content with crisp sound.

Unrivalled Choice on a Detailed, Vivid Display

Equipped with smart TV apps, the Odyssey OLED G9 provides access to streaming and entertainment all in one place. Users can watch their favourite shows from leading OTT (over-the-top) service providers without a connection to a PC or mobile device[1].

The Multi View offering allows users to take full advantage of the large display by enabling game play on up to two screens at once. This means that gamers now can enjoy multitasking without the hassle of a multiple-monitor setup.

The Odyssey OLED G9 offers a variety of convenient functions and features that provide an optimised experience whether gaming or viewing. Versatile connectivity options, including HDMI 2.1 and Micro HDMI 2.1, Display Port 1.4, and Auto Source Switch+, create cleaner connections from one central USB hub while providing a seamless experience regardless of the content source. The Height Adjustable Stand (HAS) enables users to find the perfect gaming or viewing position, regardless of what they are playing.

Local Availability and Pricing

The Odyssey OLED G9 (G95SC) is now available for preorder in Singapore, with general availability starting 26 June at S$3,399 (including GST).

In addition, consumers who preorder the Odyssey OLED G9 will receive a complimentary Galaxy Tab S7 FE Wi-Fi 64GB (worth S$755)[2].

The new Odyssey OLED G9 will be available on the Samsung Online Store, the Samsung Official Store on Lazada and Shopee, as well as major consumer electronics and IT retailers.

For more information about Samsung’s Odyssey OLED monitors and the full Odyssey lineup, please visit: https://www.samsung.com/sg/.

To celebrate the launch of a new model, Odyssey Cup will be held on Samsung Odyssey Twitch channel on June 22, bringing 100 global gamers to Fortnite tournament.

Specifications

Model Odyssey OLED G9 (G95SC)
Display Size 49-inch, 32:9 ratio
Resolution Dual QHD (5,120×1,440)
Panel OLED
Curvature 1800R
SoC Neo Quantum Processor Pro
HDR VESA DisplayHDR™ True Black 400
Brightness (Typ.) 250nits
Gaming Response Time 0.03ms (GtG)
Refresh Rate 240 Hz
Sync Tech AMD FreeSync™ Premium Pro + VESA Adaptive Sync
Gaming Hub
Game Bar O
Smart Smart TV Apps O
IoT Hub O
Voice Assistance O
Design Colour Silver Metal
Lighting CoreSync & Core Lighting +
Stand HAS / Tilt / VESA
Usability Interface 1 DP(1.4) / 1 HDMI (2.1) / 1 Micro HDMI (2.1) / USB Hub
Built-in Speaker Yes (5W x 2)
Multi View O
Remote Control In-Box (USB-C charging)


[1] Internet connection required.
[2] While stocks last

Hashtag: #SamsungElectronics

The issuer is solely responsible for the content of this announcement.

About Samsung Electronics Co., Ltd.

Samsung inspires the world and shapes the future with transformative ideas and technologies. The company is redefining the worlds of TVs, smartphones, wearable devices, tablets, digital appliances, network systems, and memory, system LSI, foundry, and LED solutions. For the latest news, please visit the Samsung Newsroom at .

A Whole New Way of Experiencing the Roland-Garros 2023: Capture Every Epic Moment with OPPO Find N2 Flip

SHENZHEN, CHINA – Media OutReach – 13 June 2023 – As a leading player in smartphone imaging, OPPO is constantly innovating to provide new ways for global sports fans to engage with and experience major events like Roland-Garros 2023. With cutting-edge imaging capabilities, this year, OPPO is poised to bring the event closer to fans worldwide than ever before.

The company’s “Inspiration Ahead” brand proposition is at the heart of its commitment to enhancing the user experience. Delivering a one-of-a-kind blend of advanced mobile photography features, OPPO Find N2 Flip is ready to captivate the hearts and minds of sports fans everywhere.

Capturing the Thrills of the Prestigious Sport with OPPO Find N2 Flip

Imagine standing on the clay court with the OPPO Find N2 Flip as your visual companion, absorbing the fantastic atmosphere as the world’s greatest tennis players battle it out.

Embarking on a Visual Journey with OPPO Find N2 Flip

Embarking on a Visual Journey with OPPO Find N2 Flip

As you immerse yourself in the Roland-Garros experience, you can rely on the OPPO Find N2 Flip to keep up with all the action throughout the day with a powerful 4300mAh battery and cutting-edge battery technology. And when it’s time to recharge between games, OPPO’s superior expertise in fast charging comes into play. With 44W SUPERVOOC charging, you can go from nearly empty to 50% in just 23 minutes and get a full charge in one hour, making OPPO Find N2 Flip the fastest-charging flip phone available.

As you settle into your seat, the foldable OPPO Find N2 Flip is ready to capture every breath-taking moment with its cutting-edge camera capabilities. Inspired by Hasselblad, OPPO Find N2 Flip creates an immersive experience, emulating its iconic legacy in photography. Its Hasselblad-inspired colour technology and interactive design elevate every frame to a visual masterpiece. Whether it’s the ever-changing lighting conditions or the intensity of the action on the court, the 50MP main camera with IMX890 sensor effortlessly captures each shot, ensuring that every remarkable moment is forever immortalized. And when it’s time to capture your own remarkable moments, OPPO’s unique beauty algorithm enhances your selfies, providing natural and ultra-clear portraits.

With OPPO Find N2 Flip as your trusted companion, the mesmerizing journey of Roland-Garros becomes more than just a memory. It’s an immersive experience captured with precision and finesse, allowing you to revisit the unparalleled moments of triumph and celebration long after the last ball has been struck.

Unleashing the Power of OPPO Find N2 Flip at Roland-Garros

It’s not just about the professional athletes – OPPO Find N2 Flip puts you in the spotlight too. With a simple gesture, you can transform the powerful rear camera into the ultimate selfie machine, even when the phone is fully folded. The Dual Screen Preview allows your subjects to have a glimpse of themselves on the cover screen, making capturing perfect portraits or group shots easier than ever. Additionally, the FlexForm Mode lets you capture yourself in different poses and perspectives, freeing your creativity and capturing the essence of your own experience.

Unleash Your Creativity with FlexForm Mode

Unleash Your Creativity with FlexForm Mode

As the match unfolds before your eyes, OPPO Find N2 Flip invites you to become a storyteller. Hold it like an old-school camcorder, relishing the stability it provides as you record every serve and smash in stunning 4K clarity. The nostalgia-infused Camcorder Capture feature adds a touch of retro charm to your footage, letting you create stories you’d want to share with fellow tennis enthusiasts.

And when time seems to fly on the tennis court, OPPO Find N2 Flip’s Time-lapse function comes to your aid. Condense the energy of an entire match into a captivating video, showcasing the exhilarating highlights and allowing you to relive the thrill in just a matter of minutes.

Camcorder Capture with OPPO Find N2 Flip

Camcorder Capture with OPPO Find N2 Flip

OPPO Find N2 Flip redefines visual excellence at the iconic Roland-Garros stage, capturing the charm of the game and the excitement in the air. It’s time to seize the extraordinary with OPPO and relish each frame as you craft your own story in the captivating world of tennis.

OPPO continues to raise the bar for mobile photography, offering users state-of-the-art smartphones that stand ready to capture stunning footage of the tournament. By sharing the vibrant energy of the game and providing access to ground-breaking technology, OPPO remains committed to ongoinginnovation, taking the smartphone user experience to new levels of engagement and thrill.

Hashtag: #OPPO

The issuer is solely responsible for the content of this announcement.