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TechInsights’ New Mobile Application Putting Semiconductor Analysis in Your Pocket

Ottawa, ON – News Direct – 16 September 2021 – TechInsights announces their new mobile application, which provides easy access to their semiconductor and microelectronics reverse engineering content. TechInsights is dedicated to building the content platform for the semiconductor industry; the mobile application makes that content available to subscribers, fast.

“Right now, subscribers can use the iOS or Android version of the TechInsights Platform to read TechStream blogs, watch TechInsights videos, and receive notifications about the analysis they are most interested in,” said Scott Ashdown, VP of Product. “Our planned rollout of the TechInsights mobile app includes a steady stream of upcoming feature launches that will bring even more value to our subscribers.”

As of September 15, 2021, TechInsights subscribers can download the mobile app now from the Google Play app store, and from the Apple App Store.

About Us: TechInsights – Global Leader in Technical Intelligence and Intellectual Property

TechInsights maintains the world’s largest database of semiconductor and advanced technology analysis and are dedicated to building the content platform for the semiconductor industry. By revealing the innovation others cannot inside the broadest range of advanced technology products, we prove patent value and enable business leaders to make highly informed, fact-based IP and technology investment decisions. Headquartered in Ottawa Canada, with offices in the United States, Poland, and Japan. For more information on TechInsights, visit the website.

Contact Details

Kim Waterman

Senior Corporate Marketing Manager

+1 613-576-0145

kwaterman@techinsights.com

View source version on newsdirect.com: https://newsdirect.com/news/techinsights-new-mobile-application-putting-semiconductor-analysis-in-your-pocket-788394006

Chinese National Arrested for Drug Trafficking in Vientiane Capital

Chinese national arrested for drug trafficking

Police in Vientiane Capital arrested a Chinese national on drug trafficking charges last week.

Stagwell (STGW) Brings Together Assembly and ForwardPMX as Unified Global Brand

Operating under the Assembly name, the agency will deliver a market-leading global omnichannel media offering, with technology, data & consultancy capabilities built to grow brands’ businesses.

NEW YORK, US – News Direct – 15 September 2021 – Stagwell (NASDAQ: STGW) agencies Assembly and ForwardPMX today announced that they are uniting as one organization, operating under the name Assembly globally. The newly combined agency will be home to 1,500 employees in over 20 countries and 30 locations across the globe, working with world-class brands, including Nike, Adobe, Ralph Lauren, Con Edison and Red Robin. Assembly will be part of the Stagwell Media Network, which manages nearly $5 billion in media across 7 agencies and delivers client-centric solutions across media, data, technology, insights and creativity.


Assembly will be led by current ForwardPMX Global CEO, James Townsend, who is also the Global CEO of Stagwell Media Network. The agency’s management team will be a combination of Assembly and ForwardPMX leadership. In North America, ForwardPMX Managing Director Valerie Davis will be taking a lead role as North American President of the agency. Assembly executives Kim Sivillo and Kendra Mazey will also take on senior leadership roles within the US operation, with Shannon Pruitt and Jon Schaaf being elevated to new global roles across the Stagwell Media Network. Further management announcements will be shared in coming weeks.

“In bringing these teams together, we are answering a clear market, client and employee opportunity to challenge the status quo,” said Townsend. “Assembly’s omnichannel media capabilities and buying scale paired with ForwardPMX’s digitally-led talent and global footprint can deliver something that is truly market-leading and capable of driving change and growth for CMOs and marketing leaders worldwide.”

Townsend continued, “These are two growing businesses, with undeniable momentum, that belong together. Today, we’re taking a confident step forward to design and build an exciting future – one which ensures clients can access our strongest combined capabilities, while connecting our people to a wider, more diverse global community of experts.”

A respected industry leader, Assembly has an impressive track record of driving results through a uniquely integrated media approach, having been named to Ad Age’s coveted A-List as Media Agency of the Year in 2018 and landing Adweek’s Media Plan of the Year in 2019. ForwardPMX brings global scale in data, technology and digital media, which are complementary to Assembly’s strength in omnichannel media and competitive US scale. ForwardPMX will help the combined business exponentially expand global capabilities, with its current footprint in more than 20 countries and a reputation as the partner of choice for brands navigating the complexities of global growth.

The integration of Assembly and ForwardPMX is a key part of Stagwell’s effort to offer brands innovative partners that can help transform their businesses.

Stagwell Chairman and CEO, Mark Penn, commented, “This combination brings together state-of-the art offline media and performance marketing expertise. Assembly and ForwardPMX have been partnering successfully for the past two years, so we know they can succeed for clients and that their cultures mesh well. We thank all of our current clients for their trust and are excited to share our new offering with the market.”

About Stagwell:

Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in 24+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us For more information go to: www.stagwellglobal.com.

#Stagwell

Woman Set On Fire During Adultery Dispute

Woman set alight during marital dispute
Ms. Dokchan taken into police custody (Photo: Lao Security News).

A woman was badly burned after becoming engulfed in flames following an argument with another woman in Pakngeum District, Vientiane Capital.

Residential transaction shows downward trend, property market begins to consolidate

Home price expected to rise by maximum 3% in 4Q conducive to stable outlook

  • Economic recovery in Hong Kong drove upsurge of residential property transactions by 15% y-o-y in 3Q 21. With purchasing power gradually unleashed, transaction volume has gone down since August and is expected to shrink in September. Property market will enter consolidation phase.
  • Despite a downward trend in transaction volume, home prices are expected to progress steadily in 4Q with room to rise by maximum 3%.
  • New project sales from property developers are expected to continue in 4Q, and primary sales will dominate the market

HONG KONG SAR – Media OutReach – 15 September 2021 – Global real estate services firm Cushman & Wakefield publishes Hong Kong Residential Markets Review and Forecast 3Q 2021 today. With the purchasing power of the market unleashed at a certain level and consumed in 1H 21, available affordable units reduced, and diminished bargaining space for owners, the transaction volume has displayed a downward trend.

Chart 1: Total S&Ps forecasted to hit 25,661 cases in 3Q
Chart 2: Residential S&Ps forecasted to hit 17,825 cases in 3Q
Chart 3: Overall home price increased by 4.3% since 2021
Chart 4: Price at City One Shatin (Phase 4) forecasted to rise by 2.1% q-o-q in 3Q
Chart 5: Price at Taikoo Shing (Kao Shan Terrace) forecasted to increase by 2.5% y-o-y in 3Q
Chart 6: Price at Residence Bel-Air (Phase 2) forecasted to rise by 4.9% in 3Q
Chart 7: About 8,900 new flats potentially available from September to December

Mr Keith Chan, Director, Head of Research, Hong Kong, Cushman and Wakefield comments, “Transaction in the market has been active since 2021. The total number of sales and purchase agreements (S&Ps) in the first 9 moths is estimated to be 77,369 cases, ie. an upsurge of 27% y-o-y (Chart 1), while the number of residential S&Ps is 57,956 cases, both reaching a histocical high since 2012. However, the number of residential S&Ps in 3Q 21 is forecasted to be 17,825 cases, representing a plunge of 19% q-o-q (Chart 2). This is mainly due to the fact that affordable units have been gradually consumed by the market. With limited availability of residential units, owners’ bargaining space has narrowed and they even began to raise prices. Buyers took a wait-and-see attitude, waiting for the market to cool down, leading a see-saw situation between the two. Transaction became slow, bringing the property market to consolidation phase.The downward trend is expected to continue with S&Ps falling to 4,700 cases in September (Chart 2).”

 

Mr Edgar Lai, Director, Valuation and Advisory, Hong Kong, Cushman & Wakefield comments, “In terms of property price, overall home price has risen by 4.3% since 2021 and is expected to surpass the peak of May 2019 soon. The average price at City One Shatin has already made its historical high (Chart 4), and that at Taikoo Shing has also risen by 2.5% q-o-q (Chart 5). Luxury homes such as Residence Bel-Air show similar performance as common residential homes with a 15% rise since 2021 (Chart 6), only less than 3% from its record high. We forecasted a full year increment of 8% to 10% in 1Q 21. We expect property price will rise steadily in 4Q with a further increment of maximum 3%.”

 

Commenting on the market outlook, Mr Edgar Lai further commented, “Following a round of active transactions, we expect that the purchasing power previously accumulated in the property market has been released. Buyers also become more cautious after prices have recorded certain increment so far. Moreover, banks are less active in getting business at year end as it is traditional an off-season period for mortgage. In this regard, we expect that both transaction volume and property price increment will continue to slow down in 4Q. Property prices have reached historical-high and the property market will enter a period of consolidation. We forecast that about 8,900 new units will be ready for primary sale from September to December (Chart 7), of which many come from large-scale developments. 76% of these are located in the New Territories and the rest across Hong Kong. If primary sales performance is good, the outcome will be conducive to the stable development of the market. We have forecasted residential price growth of 8% to 10% throughout 2021 by start of the year. With home prices expected to progress steadily in 4Q, we would estimate a maximum 3% growth by end of the year.”

 

Click HERE to download photos.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 50,000 employees in over 400 offices and 60 countries. Across Greater China, 22 offices are servicing the local market. The company won four of the top awards in the Euromoney Survey 2017, 2018 and 2020 in the categories of Overall, Agency Letting/Sales, Valuation and Research in China. In 2020, the firm had revenue of $7.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com.hk or follow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china).

#Cushman&Wakefield

Carousell Group Raises US$100 Million from STIC Investments to Accelerate Classifieds 4.0 in Greater Southeast Asia

Valued at US$1.1 billion, the regional leader of classifieds will continue to cement its frontrunner position across Goods, Autos and Property verticals, and accelerate its transactional push into recommerce

SINGAPORE – Media OutReach – 15 September 2021 – Carousell Group, the leading classifieds group in Greater Southeast Asia, today announced that it has secured an investment of US$100 million to accelerate its leadership in the region, and to reimagine the classifieds experience with a focus on convenience and trust, to make secondhand the first choice.

 

This round of funding, led by STIC Investments, a leading Korean private equity that invests across Asia, marks a significant milestone that will bring Carousell’s valuation to US$1.1 billion. The investment will power the group’s ambitions to redefine commerce for secondhand goods and automobiles in an increasingly digitally savvy, affluent and sustainability-conscious region.

 

“The pandemic has shown us that our mission to inspire the world to start selling and buying secondhand is more relevant than ever. People in the community are using our platforms to make more possible for each other—through shared passions, making ends meet, affording what they need, or simply because it is more sustainable. We believe that the accelerated adoption of digital experiences is an opportunity for us to double down on our recommerce efforts with a focus on convenience and trust, to unlock step-change growth in our community,” said Quek Siu Rui, Co-founder and CEO of Carousell. “STIC’s investment is a validation of our mission and strategic direction. We’ll deepen our investments in recommerce across more categories and markets, and will continue to seek opportunistic acquisitions in scaling up.”

 

“We have been monitoring Carousell as one of the leading platforms in Greater Southeast Asia, and are excited to partner up with a significant stake in its growth story,” said Jason Cho, Managing Director of STIC Investments.  “Carousell continues to achieve tremendous user growth as they transform the recommerce market, adding new features that are focused on creating trusted marketplaces and enhancing overall user experience.  We are highly confident that Carousell will be at the center of the secondhand economy in this region at a time when an increasing number of socio-economic and environmentally conscious consumers are shifting towards a circular economy”. As part of the funding round, Mr. Cho will join the Carousell Board of Directors.

 

Since its founding in 2012, the Group serves a community of tens of millions of users across eight markets in Greater Southeast Asia under the brands Carousell, Mudah.my, Cho Tot and OneKyat. Carousell’s pioneering mobile-first approach reignited the classifieds space, making selling and buying easier and proving to be an essential one-stop shop across all categories.

 

“We have grown way beyond categories like fashion, electronics and general goods,” said Siu Rui, “As the region becomes more affluent, people want to enjoy the finer things in life. We are looking at authentication capabilities for higher-value products, including luxury goods and cars. Our goal is to make transacting in a secondhand marketplace as convenient and trusted as any e-commerce platform so that secondhand can truly be the first choice.”

 

This year alone, Carousell has piloted a Certified Mobiles programme in Singapore, offering a 12-month warranty for used mobile phones to offer users a like-new experience at secondhand prices, and launched integrated shipping with PosLaju (the Malaysia national postal service) to provide contactless transaction options for sellers and buyers during the Movement Control Order. Carousell Auto Group, which was formed earlier this year to leverage its regional leadership position in car classifieds, has in a short period rolled out a Certified Autos programme in Malaysia that achieved the largest inventory of certified cars in the country, with other key markets to follow.

 

“We are grateful and privileged to have investors, teammates and users who believe in our mission and our journey in building a meaningful and enduring company,” Siu Rui added.

About Carousell Group

Carousell is the leading classifieds group in Greater Southeast Asia on a mission to inspire the world to start selling, and to make secondhand the first choice. Founded in August 2012 in Singapore, the group has a leading presence in eight markets under the brands Carousell, Mudah.my, Cho Tot and OneKyat, serving tens of millions of monthly active users. Carousell is backed by leading investors including Telenor Group, Rakuten Ventures, Naver, STIC Investments and Sequoia Capital India. Visit here for more information.

About STIC Investments

STIC Investments, Inc. is one of the largest and most experienced private equity firms in Korea. STIC seeks to create growth and prosperity in economies across Asia through investing in companies that engage in promising businesses. Starting its operations as a venture capital firm in 1999, STIC is now renowned as a leading private equity firm in Korea with a proven 22-year track record and abundant investment experience in multiple business cycles. STIC has circa US$5 billion AUM, 40 investment professionals and invested in more than 80 companies. Its global investor base includes sovereign wealth funds, public pension funds, insurance companies, financial institutions, family offices, endowments, foundations, and fund of funds from Korea, Southeast Asia, Middle East, and Europe. Visit here for more information.

#CarousellGroup

HCL Technologies and Finastra Expand Partnership to Drive Financial Transformation in South Korea and Taiwan

HO CHI MINH CITY, VIETNAM – Media OutReach – 15 September 2021 – HCL Technologies (HCL), a leading global technology company and Finastra, the largest pure-play software vendor that serves the entire financial services industry, have expanded their partnership to drive digital transformation across South Korea and Taiwan.

As part of the engagement, HCL will use its next-generation digital transformation and service capabilities to bring two of Finastra’s strategic products, Fusion Cash Management and Fusion Summit, to the financial services ecosystem in the region. Fusion Cash Management powers the digital corporate banking experience for financial institutions around the world while Fusion Summit offers a functionally rich core trading solution for capital markets.  

“Expanding our association with HCL will bring substantial benefits for financial services institutions in South Korea and Taiwan, which are looking to take the next technological step in cash management and capital markets,” said Denise Parker, Senior Vice President and Global Head of Partners and Ecosystem, Finastra.

“This partnership is not only a testament to HCL’s strong relationship with Finastra, but also to its growing presence in South Korea and Taiwan,” said Sanjay Gupta, Corporate Vice President, HCL Technologies. “Finastra’s strategic solutions coupled with HCL’s deep industry experience, will help institutions adapt and succeed in the changing ecosystem. This partnership will help HCL further accelerate its strategic presence in South Korea and Taiwan while strengthening its long-standing relationship with Finastra.”

HCL empowers global enterprises with technology for the next decade, today. As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. For the 12 months ended June 30, 2021, HCL had consolidated revenue of $10.54 billion. Its more than 175,000 Ideapreneurs operate out of 50 countries.

Finastra is building an open platform that accelerates collaboration and innovation in financial services, creating better experiences for people, businesses and communities. Supported by the broadest and deepest portfolio of financial services software, Finastra delivers this vitally important technology to financial institutions of all sizes across the globe, including 90 of the world’s top100 banks. Our open architecture approach brings together a number of partners and innovators. Together we are leading the way in which applications are written, deployed and consumed in financial services to evolve with the changing needs of customers. 

#HCL

Asia’s Largest Sustainable Fashion Conference Fashion Summit (HK) 2021 Successfully Concluded

United Efforts Together to “Design for the Future”

HONG KONG SAR – Media OutReach – 15 September 2021 – Fashion Summit (HK) 2021, one of the largest conference in Asia on sustainable fashion, came to a successful close. Over 40 speakers from Hong Kong and abroad representing the fashion industry, fashion designers, the academia and NGOS, hosted a number of keynote speeches and panel discussions during the 2-day summit to formulate a sustainable future for the fashion industry. The total number of attendees and real time online participants exceeded 1,000.

 

Funded by the lead sponsor, Create Hong Kong of the Government of the Hong Kong Special Administrative Region (“HKSAR Government”), Fashion Summit (HK) 2021 (“the Summit”) is jointly organized by Clothing Industry Training Authority (“CITA”), Office of the Hon Felix CHUNG Kwok-pan, Member of the Legislative Council, Redress, Sustainable Fashion Business Consortium (“SFBC”), The Mills Fabrica and WWF-Hong Kong. With the theme “Design for the Future”, the Summit was held on 9th and 10th September at the Hong Kong Convention and Exhibition Centre in both physical and online formats. Mr. Edward Yau Tang-wah, GBS, JP, Secretary for Commerce and Economic Development of the Government of the Hong Kong Special Administrative Region, officiated at the opening ceremony by delivering a keynote speech on the first day of the Summit.

 

The 2-day Summit addressed a number of important issues such as “What are the Designs for the Future?”, “Consumer Engagement in the Digital Age: Strategic Marketing for a Global and Local Audience”, “Are we failing the future of fashion with the lack of sustainability education?”, “Future Fashion Materials”, “Multifaceted Virtual Fashion” and “Green Finance – Resilient to Changes”, generating in-depth discussions on areas including fashion design, digital marketing, sustainable education, use of raw materials, virtual fashion and green finance, etc.

 

Also unveiled at the event was the result of a questionnaire survey conducted by Fashion Summit (HK) 2021 with dozens of Hong Kong and overseas fashion designers during May and June 2021. The survey aimed to understand the impact of the pandemic on fashion designers, how well they have adapted to life during the COVID-19 era and their opinion about the future of fashion design. By finding out the perception of fashion designers, the survey was expected to shed light on their customers’ awareness and requirements about environmental protection, allowing the fashion industry to revive green economy. The results show that, compared to consumers in Europe, America, Africa, Australia and other parts of Asia, local designers believe that Hong Kong consumers’ demands for environmentally-friendly products are much lower. This reflects a need to strengthen the awareness of environmental fashion among Hong Kong designers and consumers.

 

Since its inaugural edition in 2017, the Summit has been committed to fostering a review of the fashion industry’s current business models, enhancing the public’s knowledge of the fashion industry’s leading role in sustainable development, and nurturing the concept of sustainable fashion among the younger generation. The Summit also aims to foster sustainable development of the fashion industry by providing a platform for members of the industry to exchange their views and strike collaborations of various kinds. As an important fashion event in Asia, the Summit is highly regarded by local and international fashion industry, environmental industry as well as technology industry.

 

To revisit the programme of Fashion Summit (HK) 2021 and browse the fashion designers survey report, please visit the Summit’s website at www.fashionsummit.hk.

 

About Fashion Summit (HK)

Fashion Summit (HK) is an Asian event focusing on “Sustainable Development In Fashion”. It brings together global leading academics, key players from the fashion industry, NGOs, media, decision makers and leaders to achieve sustainable fashion in Asia. Fashion Summit (HK) consists of a 2-Day Conference and a series of events. It plays a vital role to provide a sharing platform for participants from around the world to exchange insights on the latest sustainable fashion trends, technology, best practices, solutions, and opportunities. The Summit is jointly organized by Clothing Industry Training Authority (CITA), Office of the Hon Felix CHUNG Kwok-pan, Member of the Legislative Council, Redress, Sustainable Fashion Business Consortium (SFBC), The Mills Fabrica and WWF-Hong Kong, and funded by the lead sponsor, Create Hong Kong of the Government of the Hong Kong Special Administrative Region. For more information on Fashion Summit (HK) 2021, please visit: www.fashionsummit.hk


#FashionSummit

About Create Hong Kong

Create Hong Kong (CreateHK) is a dedicated agency set up by the Government of the Hong Kong Special Administrative Region in June 2009. It is under the Communications and Creative Industries Branch of the Commerce and Economic Development Bureau and dedicated to spearheading the development of creative industries in Hong Kong. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community. CreateHK sponsors Fashion Summit (HK) since 2017 to promote Hong Kong’s fashion design industry. Website: www.createhk.gov.hk.

Disclaimer : The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organizers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Communications and Creative Industries Branch of the Commerce and Economic Development Bureau, Create Hong Kong, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.