VAULT MICRO’S CAMERAFI LIVE NOW CONNECTS DSLR FOR LIVE E-COMMERCE

KUALA LUMPUR, Feb. 26 (Bernama) -- Live streaming app CameraFi Live has released updates, connecting DSLR in portrait mode for high-quality live e-commerce streaming. 

This follows an announcement by the app developer, Vault Micro.

According to a statement, the updates enable users to use their DSLR or camcorder to broadcast professional-quality video for shopping live vertically.

Unlike smartphones, DSLR cameras use large image sensors that result in better resolution and clarity. 

Moreover, DSLR supports zoom in or out and sharp focus to show the product in detail. DSLR is available in a variety of distances and focuses so sellers can flexibly respond to customer requests.

CameraFi Live is a live streaming app for Android users, providing an easy way to sell products via live streaming with professional-like videos on various social media platforms such as Facebook, YouTube and Instagram. 

The app creates about 30,000 live broadcasts every day from different parts of the world, especially in Thailand, Indonesia and South American countries. 

CameraFi Live also provides real-time shopping effects to product information like item name, price, discount event, and other relevant details during broadcast. 

-- BERNAMA

CYBERRATINGS.ORG GRANTS ‘AAA’ RATING FOR SANGFOR NGAF

KUALA LUMPUR, Feb. 26 (Bernama) -- Sangfor Technologies via Sangfor NGAF was recently granted AAA rating in CyberRatings.org’s 2021 Enterprise Firewall + SSL/TLS Product Ratings.

Sangfor NGAF is the world's first AI-enabled and fully integrated NGFW (Next Generation Firewall) + WAF (Web Application Firewall) with all-around protection.

It is an end-to-end comprehensive Enterprise Firewall Protection solution, designed to protect users from internal, external and future threats updated regularly to keep the network safe.

According to a statement, Sangfor NGAF provides the best of breed protection and efficiency, achieving the highest security effectiveness score at 99.7 per cent.

“Sangfor’s security effectiveness was outstanding, with 264 out of 264 evasions and 2,325 out of 2,331 exploits blocked,” said chief executive officer CyberRatings.org, Vikram Phatak.

Phatak added high customer satisfaction made Sangfor products a serious alternative to more established vendors.

CyberRatings.org provides unbiased ratings, technical reports and industry analysis for a multitude of cybersecurity technologies.

-- BERNAMA

ILLUMINATING THE HEROES OF RARE DISEASES

 Australian health advocates join global movement to raise awareness for Rare Disease Day – Sunday 28 February


SYDNEY, Feb 26 (Bernama-BUSINESS WIRE) -- With a mission of empowering the rare disease community, Illumina has today partnered with medical researchers and families to highlight the importance of genomic sequencing and to shine the spotlight on the 300 million people worldwide living with a rare disease.

Rare Disease Day is an annual event working towards equitable access to diagnosis, treatment, health, social care and opportunity for people living with a rare disease. In Australia, there are around 2 million people living with a rare disease – 400,000 of which are children.

Of those affected, many remain in the dark about their condition and without a diagnosis, families are often left in an unknown limbo; with many spending on average up to 7-years searching for answers¹.

Maree Dalton, Australian mother of a child living with a rare disease said that “after years of searching for an explanation, the relief of having even a name to the condition is indescribable. Not only does a diagnosis provide answers, it can also lead to further support and access to the right help and healthcare.”

“Having a diagnosis offered the ability for our family to connect with others sharing similar experiences,” said Ms Dalton. “These communities offer an invaluable pillar of support during periods of struggle or uncertainty.”

There are over 7,000 different rare diseases that are chronic, progressive, degenerative, disabling and frequently life threatening.

Nicole Millis, CEO of Rare Voices Australia said: “Gene testing and whole-genome sequencing are instrumental to the detection of rare diseases.”

“Ensuring widespread access to specialised diagnostic responses such as genomic testing is important to ensure timely and accurate diagnosis, a priority of the National Strategic Action Plan for Rare Diseases. In future, precision medicine using genomic data and insights into the development of tailored treatment will also play a central role in the management of rare disease,” continued Ms Millis.

Illumina’s leading technology in genomic testing and sequencing is responsible for over 90% of the world’s sequencing data.

“One of genomic sequencing’s most powerful applications is in helping to identify the underlying genetic cause for a patient’s rare disease,” says Illumina Vice President and General Manager for Asia Pacific and Japan Gretchen Weightman. “These technologies can help families better understand these conditions, make a care plan that is best for their condition and in some cases, patients may even find treatments and most importantly, no one is left behind.”

“As a company, Illumina is dedicated to championing the needs of patients and the community. Our work in increasing access to whole-genome sequencing is underpinned by our commitment to further developing and delivering on the promise of precision medicine.”

This Rare Disease Day, Australians are encouraged to share a photo to their social pages with painted hands, using the hashtag #RareDisease Day and tag @rarediseaseday, to show the support for those living with rare diseases.

RARE DISEASE DAY

Rare Disease Day takes place on the last day of February each year. The main objective of Rare Disease Day is to raise awareness amongst the general public and decision-makers about rare diseases and their impact on patients' lives. The campaign targets primarily the general public and also seeks to raise awareness amongst policy makers, public authorities, industry representatives, researchers, health professionals and anyone who has a genuine interest in rare diseases. To learn more, visit www.rarediseaseday.org

ILLUMINA

Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as the global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. To learn more, visit www.illumina.com and follow @illumina. To learn more, visit www.illumina.com/areas-of-interest/genetic-disease/rare-disease-genomics.html

RARE VOICES AUSTRALIA

Rare Voices Australia (RVA) is the peak body for Australians living with a rare disease. RVA provides a strong, unified voice to advocate for policy as well as health, disability and other systems that work for people living with a rare disease. Our person-centered focus sees us working with all key stakeholders including governments, key peak bodies, researchers, clinicians, and industry. We advocate for the best outcomes for Australians living with a rare disease. To learn more, visit www.rarevoices.org.au
________________
¹ Illumina. Whole-Genome Sequencing for Rare Disease: A Global Patient Advocacy Resource.
https://sapac.illumina.com/content/dam/illumina-marketing/documents/company/corporate-citizenship/illumina-global-advocacy.pdf

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210225006322/en/

Contact

Illumina
Melinda Hutcheon
858-882-6822
pr@illumina.com

Weber Shandwick
Clare Davies
0402 188 054
clare.davies@webershandwick.com

Sonja Ngenkrajang
0481 132 700
sngenkrajang@webershandwick.com

Source : Illumina, Inc.

LEDDARTECH LAUNCHES INDUSTRY’S FIRST FULL-WAVEFORM FLASH LIDAR DATASET

KUALA LUMPUR, Feb 24 (Bernama) -- LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, has announced its first publicly available sensor dataset, Leddar™ PixSet, for advanced driver assistance and autonomous driving research and development.

This dataset is the first of its kind in the industry to include full-waveform data from LeddarTech’s Leddar™ Pixell, a 3D solid-state flash LiDAR sensor. 

According to a statement, LeddarTech will offer these datasets free of charge for academic and research purposes.

Datasets like Leddar PixSet allow research teams to use existing sets of sensor data to test and develop advanced software and run simulations without having to assemble new sensor suites and collect their own dataset.

It provides information from a wide variety of situations, creating real-world data for advanced driver assistance and autonomous driving.

The Leddar PixSet was developed with the collaboration of Silicon Valley-based Deepen AI, which provided comprehensive object annotations. 

Additional information at www.leddartech.com 

-- BERNAMA

HANESBRANDS IS ONE OF 2021 WORLD'S MOST ETHICAL COMPANIES

KUALA LUMPUR, Feb 24 (Bernama) -- HanesBrands, a socially responsible, leading global marketer of branded everyday basic apparel, has been recognised as one of the 2021 World’s Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.

HanesBrands is one of only two apparel manufacturers being recognised among 135 companies spanning 22 countries and representing 47 industries.

“We have a strong commitment to acting responsibly, and we’re very proud to be recognised by Ethisphere,” said Chief Executive Officer (CEO), Steve Bratspies in a statement.

“This honour is the result of 61,000 employees around the world committed to operating our business in the right way. Consumers can be proud that when they choose our apparel they are choosing a company deeply committed to sustainability.”

“The World’s Most Ethical Companies honorees continue to demonstrate an unwavering commitment to the highest values and positively impacting the communities they serve. Congratulations to everyone at HanesBrands for earning the World’s Most Ethical Companies designation,” said Ethisphere CEO, Timothy Erblich.

Ethisphere’s assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity and initiatives to support a strong value chain. 

This year, Ethisphere also gauged how applicants adapted and responded to the global health pandemic, safety, equity and inclusion and social justice.

-- BERNAMA

TOSHIBA LAUNCHES SILICON CARBIDE MOSFET MODULE THAT CONTRIBUTES TO HIGHER EFFICIENCY AND MINIATURIZATION OF INDUSTRIAL EQUIPMENT

 

^{Toshiba: MG800FXF2YMS3, a silicon carbide (SiC) MOSFET module for industrial applications including railways vehicle and renewable energy power generation systems. (Graphic: Business Wire)}


TOKYO, Feb 25 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched “MG800FXF2YMS3,” a silicon carbide (SiC) MOSFET module integrating newly developed dual channel SiC MOSFET chips with ratings of 3300V and 800A, for industrial applications. Volume production will start in May 2021.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224006218/en/

 

To achieve a channel temperature of 175°C, the new product adopts an iXPLV (intelligent fleXible Package Low Voltage) package with silver sintering internal bonding technology and high mounting-compatibility. The new module meet the needs for high-efficiency, compact equipment for industrial applications such as converters and inverters for railway vehicles, and renewable energy power generation systems.

Applications

• Inverters and converters for railway vehicles
• Renewable energy power generation systems
• Industrial motor control equipment

Features

• Drain-source voltage rating : V_DSS=3300V
• Drain current rating : I_D=800A Dual
• High channel temperature range : T_ch=175°C
• Low loss :
  E_on=250mJ (typ.)
  E_off=240mJ (typ.)
  V_DS(on)sense=1.6V (typ.)
• Low stray inductance : L_s=12nH (typ.)
• High power density small iXPLV package

Follow the link below for more on the new product.

MG800FXF2YMS3
https://toshiba.semicon-storage.com/info/lookup.jsp?pid=MG800FXF2YMS3

Follow the link below for more on Toshiba’s SiC power device lineup.
SiC Power Devices
https://toshiba.semicon-storage.com/ap-en/semiconductor/product/sic-power-devices.html

Customer Inquiries
Small Signal Device Sales & Marketing Dept.
Tel: +81-3-3457-3411
https://toshiba.semicon-storage.com/ap-en/contact.html

*Company names, product names, and service names may be trademarks of their respective companies.
*Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.

About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation combines the vigor of a new company with the wisdom of experience. Since becoming an independent company in July 2017, the company has taken its place among the leading general devices companies, and offers its customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.

Its 24,000 employees around the world share a determination to maximize the value of its products, and emphasize close collaboration with customers to promote co-creation of value and new markets. The company looks forward to building on annual sales now surpassing 750-billion yen (US$6.8 billion) and to contributing to a better future for people everywhere.
Find out more about Toshiba Electronic Devices & Storage Corporation at https://toshiba.semicon-storage.com/ap-en/top.html

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210224006218/en/

Contact

Media Inquiries:
Chiaki Nagasawa
Digital Marketing Department
Toshiba Electronic Devices & Storage Corporation
Tel: +81-3-3457-4963
semicon-NR-mailbox@ml.toshiba.co.jp

Source : Toshiba Electronic Devices & Storage Corporation

RENEW POWER TO PUBLICLY LIST ON NASDAQ VIA BUSINESS COMBINATION WITH RMG II

 

KUALA LUMPUR, Feb. 25 (Bernama) -- ReNew Power Private Limited (ReNew) and RMG Acquisition Corporation II (RMG II) have announced the execution of a definitive agreement for a business combination that would result in ReNew becoming a publicly listed company on the NASDAQ.

According to a statement, upon closing of the transaction, the combined company would be named ReNew Energy Global PLC and publicly listed under the symbol ‘RNW’.

The transaction would further bolster ReNew’s leading position in solar and wind energy generation for the Indian market, by funding medium-term growth opportunities, as well as paying down debt.

The pro forma consolidated & fully diluted market capitalisation of the combined company would be approximately US$4.4 billion at the US$10 per share PIPE subscription price, assuming no RMG II shareholders exercise their redemption rights. (US$1 = RM4.04)

Gross cash proceeds are estimated to be approximately US$1.2 billion, comprising US$855 million from the PIPE and approximately US$345 million of cash held in trust by RMG II, before any adjustments due to potential redemptions by RMG II shareholders.

Proceeds will be used to support ReNew’s growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity, as well as to reduce debt.

ReNew’s leadership will remain intact, with Sumant Sinha as Chairman & Chief Executive Officer of the combined company, overseeing its strategic growth initiatives and expansion.

Additional information available at www.rmgacquisition.com/

-- BERNAMA

AM BEST ASSIGNS CREDIT RATINGS TO SHANGHAI ELECTRIC INSURANCE LIMITED

 HONG KONG, Feb 25 (Bernama-BUSINESS WIRE) -- AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” to Shanghai Electric Insurance Limited (SEIL) (Hong Kong). The outlook assigned to these Credit Ratings (ratings) is stable.

Incorporated in 2018 in Hong Kong, SEIL is a single-parent captive of Shanghai Electric (Group) Corporation, which is one of the largest power generation and industrial equipment manufacturing enterprises in China and is wholly owned by the Shanghai municipal government. SEIL serves as the group’s risk management and insurance arm. It mainly assumes premiums from the group and affiliates through inward arrangements with onshore and offshore insurers and reinsurers. Its underwriting book of business consists of the speciality line of major equipment insurance, and other traditional lines including property, construction and engineering, cargo and liability.

The ratings reflect SEIL’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

AM Best assesses SEIL’s balance sheet strength at the very strong level, supported by risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR). The captive mainly underwrites large commercial accounts and has arranged an appropriate reinsurance programme with highly rated reinsurers in view of its low-frequency, high-severity risk profile. The majority of its premiums are retained, and underwriting leverage remains low. Half of its assets are invested in bonds, with one quarter in stocks and the remainder in cash. AM Best expects the company to strengthen its capital gradually through full retention of profits and maintain a sufficient capital buffer to support its risk profile over the short to intermediate term.

SEIL delivered operating and net profits in 2019 and 2020. Its operating expense ratio remains low thanks to the minimal distribution costs from its group business, as well as the financial support from its parent in terms of salary and office leasing expenses for SEIL’s initial five years of establishment. Nonetheless, the captive is exposed to potential volatility in its loss performance as a combined result of its small premium size and low-frequency, high-severity risk profile. AM Best expects SEIL’s investment performance to be stable, driven by a liquid and fixed income-oriented asset portfolio. Going forward, AM Best expects the captive to continue generating net profits over the next three years based on its business plan.

As the first insurance licensee within the group, SEIL receives support in areas of inward business with good claims experience, operations and risk management, as well as investment and capital management. AM Best is of the view that the captive will remain an integral part of the group.

Offsetting rating factors include SEIL’s exposure to natural catastrophe risk, mainly typhoons. Moreover, as a start-up company, SEIL faces execution risk in achieving its business plan, and reserving risk due to a lack of operating history. While a majority of its risks are sourced from onshore business, emerging risks from new markets along with the group’s global expansion may lead to a higher risk profile.

Positive rating actions are unlikely over the near term. Negative rating actions may arise if there is significant adverse deviation from SEIL’s business plan, or if there is a material decline in its risk-adjusted capitalisation or absolute capital size due to large losses. Negative rating actions could occur if the company’s ERM fails to contain emerging risks from the expansion into new markets. Negative rating actions also could occur if there is a material deterioration in Shanghai Electric (Group) Company’s credit profile.

AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2021 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20210224005768/en/

Contact

June Wang
Associate Financial Analyst
+852 2827 3416
june.wang@ambest.com

Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com

James Chan
Associate Director
+852 2827 3418
james.chan@ambest.com

Jim Peavy
Director, Communications
+1 908 439 2200, ext. 5644
james.peavy@ambest.com

Source : AM Best