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New features added in order to improve accuracy and usability SK hynix expands adoption of Gauss Labs's solution to etching process in addition to thin film deposition process Gauss Labs plans to expand its presence in global industrial AI market with strong references in semiconductor manufacturing SEOUL, South Korea, Aug. 13, 2024 /PRNewswire/ -- Gauss Labs announced today that it released the second version of its AI-based virtual metrology* solution, Panoptes VM 2.0. *Metrology: a process of measuring the physical and electrical characteristics to ensure that requirements are met in the manufacturing process Gauss Labs Releases AI-Based Virtual Metrology Solution, Panoptes VM 2.0 Panoptes VM provides all-wafer measurement data in real-time by predicting process outcomes from sensor data. By applying this solution, it is possible to predict the process results of all products without physical full-scale measurement, significantly reducing time and resources.Gauss Labs said that Panoptes VM 2.0 is making a new leap forward with new modeling features including the Multi-Step Modeling, Operation-Group Modeling and Automatic Model Selection. With these new features, the prediction accuracy and usability have been greatly improved, compared to the previous version. Gauss Labs, an industrial AI company invested by SK hynix, first launched Panoptes VM 1.0 in November 2022. The system has been deployed to the thin film deposition* process at SK hynix's high-volume manufacturing fabs since December 2022. By integrating the virtual measurement results from Panoptes VM with APC*, SK hynix improved process variability* by approximately 29% and also enhanced yield rate. *Thin film deposition: the process of creating and depositing thin film coatings onto a substrate material*APC(Advanced Process Control): a solution that adjusts process condition for equipment adaptively during a manufacturing process*Variability: the scale of the quality variation of the products from a certain process. It is important to maintain a low process variability in order to keep the product quality consistent. SK hynix plans to expand the application to APC use case. With the new Multi-Step Modeling feature, it expects to cover the etching process effectively. This new feature creates prediction models using data from not only the current step but also previous steps to improve the accuracy of VM predictions which is especially critical for etching process. *Etching: the process of removing unnecessary parts on the exterior of the circuit engraved on the wafer through photolithography Panoptes VM 2.0 also provides the Operation-Group Modeling that allows the users to group data from similar operations for more effective modeling even when the data is scarce and the Automatic Model Selection, which supports multi-algorithm architecture and automatically selects the best performing model based on data characteristics to further improve the accuracy of VM as well as usability. Gauss Labs, headquartered in Silicon Valley, was founded in 2020 with the vision of "revolutionizing manufacturing with AI" and has focused on "developing AI solutions for manufacturing data intelligence* (MDI)." Mike Kim, Chief Executive Officer of Gauss Labs, said, "Our concerted efforts over the past 4 years are now creating meaningful impact in the semiconductor industry, the most advanced manufacturing sector. Equipped with our state-of-the-art industrial AI technology, we will continue our march towards the global industrial AI market." *MDI(Manufacturing Data Intelligence): extracting valuable information and insights from a vast amount of raw manufacturing data that cannot be easily analyzed by humans About SK hynix Inc. SK hynix Inc., headquartered in Korea, is the world's top tier semiconductor supplier offering Dynamic Random Access Memory chips ("DRAM"), flash memory chips ("NAND flash") and CMOS Image Sensors ("CIS") for a wide range of distinguished customers globally. The Company's shares are traded on the Korea Exchange, and the Global Depository shares are listed on the Luxemburg Stock Exchange. Further information about SK hynix is available at www.skhynix.com, news.skhynix.com. About Gauss Labs Inc. Gauss Labs develops innovative industrial AI solutions and software products to make factories more intelligent by leveraging machine-generated data. It was founded in August 2020 and now has two international locations in Silicon Valley, CA, and Seoul, Korea. Further information about Gauss Labs is available at www.gausslabs.ai.
Jointly created by GEG and iQIYI to celebrate the inventive “chinoiserie” art style. State-of-the-art VR technology delivers a superb experience in a 16,000-square-foot venue.MACAU SAR - Media OutReach Newswire - 9 August 2024 - Riding the wave of immersive entertainment, the brand-new "Love Between Fairy and Devil" VR Immersive Experience Center officially opens today at Galaxy Macau. Adapted from the phenomenal IP work "Love Between Fairy and Devil" produced by iQIYI, this groundbreaking entertainment project is jointly created by iQIYI's Dream Verse Studio and Galaxy Entertainment Group (GEG). As the largest immersive experience center in Macau, its grand opening demonstrates the city's endeavor to join the "metaverse" of cultural tourism. Various guests and media representatives were invited to the opening ceremony where they all celebrated the new trend that marries technological advances with the distinctive "chinoiserie" style that has captured hearts across the globe. (From left to right) Held on August 9, the opening ceremony of the “Love Between Fairy and Devil” VR Immersive Experience Center was attended by Stefan Wang, Chairman of Stellar Pictures; Jeffrey Jiang, Senior Vice President, Entertainment Services, Galaxy Entertainment Group; Kevin Kelley, Chief Operating Officer–Macau of Galaxy Entertainment Group; Mr. Cheng Wai Tong, Acting Director of the Macao Government Tourism Office; Ms. Esther Yu, the female lead in “Love Between Fairy and Devil”; Mr. Cheang Kai Meng, Vice President of the Cultural Affairs Bureau of the Macao SAR Government; Zhang Hang, Senior Vice President of iQIYI; Chen Xiao, Senior Vice President of iQIYI, Yucheng Zhang, CEO of Stellar Pictures and Hu Shihui, Chairman & CEO of X-META Wonderland. Held at 3pm at the Galaxy International Convention Center (GICC), the opening ceremony was attended by Mr. Cheng Wai Tong, Acting Director of the Macao Government Tourism Office, and Mr. Cheang Kai Meng, Vice President of the Cultural Affairs Bureau of the Macao SAR Government, as the officiating guests. Esther Yu, who plays the female lead "Xiao Lan Hua" in "Love Between Fairy and Devil" also made a surprise appearance to show her support. Other attendees included Zhang Hang, Senior Vice President of iQIYI; Chen Xiao, Senior Vice President of iQIYI; Stefan Wang, Chairman of Stellar Pictures; Yucheng Zhang, CEO of Stellar Pictures; Kevin Kelley, Chief Operating Officer–Macau of Galaxy Entertainment Group; and Jeffrey Jiang, Senior Vice President, Entertainment Services, Galaxy Entertainment Group. In his speech, Mr. Kevin Kelley stated: "The establishment of the 'Love Between Fairy and Devil' VR Experience Center at Galaxy Macau is not only a technological innovation but also a significant initiative to introduce global visitors to traditional Chinese culture. The new project also reaffirms our commitment to supporting the Macao SAR Government's efforts to develop the city as a 'global hub for tourism and leisure'. We hope that this VR Immersive Experience Center will become a new cultural and tourist landmark in Macau." Mr. Zhang Hang said, "The 'Love Between Fairy and Devil' VR Experience theater is the latest generation immersive experience product developed by iQIYI's Dream Verse Studio over 12 months. We are pleased that the world's first store is opening at Galaxy Macau Integrated Resort. We hope that through the joint efforts of iQIYI and Galaxy Macau, the VR Experience theater will offer an unparalleled immersive experience to visitors in the Greater Bay Area and enhance the cultural and tourism consumption experience." After the ribbon-cutting ceremony, the attending guests had the opportunity to enjoy the new "Love Between Fairy and Devil" VR Immersive Experience Center firsthand. The venue was filled with amazement and laughter as everyone immersed themselves in the universe of "Love Between Fairy and Devil", an enchanting realm that blends world-leading technology with an inventive "chinoiserie and two-dimensional" art style. Galaxy Macau announced that there are more traditional Chinese-themed events in the pipeline, especially during upcoming festivals such as the Qixi Festival and Mid-Autumn Festival and welcome all enthusiasts of technology and Chinese traditional culture to attend. Perfect Blend of Technology and "Chinoiserie" Art Style Covering an area of more than 16,000 square feet, the Center is divided into five main sections where visitors will have the opportunity to try on some stunning Hanfu costumes, enjoy the Immersive Show & VR Experience, take stunning photos with magical decorations, savor delicious treats, and even purchase themed souvenirs to take home so they can relive their romantic moments anytime, anywhere. With the help of state-of-the-art VR technology, highly realistic 3D modeling, and Artificial Intelligence Generated Content (AIGC), along with numerous mechanical devices, the project delivers an immersive entertainment experience that blends virtuality and reality. The Hanfu Experience offers 220 exquisite costumes for guests of all ages, as well as professional makeup and hairstyling services to embody the elegance of ancient China while delving into the rich history and cultural significance behind each garment. Visitors can capture magical moments and transport themselves into the enchanting world of "Love Between Fairy and Devil", perfect for taking stunning photos and selfies that will make you feel like you've stepped right into a scene from the drama. The Immersive Show will be led by real-life non-player characters (NPC). Following the storyline, players will work together to solve mysteries and unlock various mechanisms, eventually entering the VR Experience area. Once equipped with VR gear, players will transform into characters from the drama and embark on a thrilling and exciting adventure. Players can experience cutting-edge VR equipment along with sensor devices such as servo motors, dynamic platforms, audio vibrations, and more, to fully engage their five senses by simulating sensations like touch, wind, ice, heat, and weightlessness. In addition to the Hanfu Experience, immersive adventure journey, and VR Experience, the venue also features themed food stalls and retail booths for souvenirs. An Innovative Experience that Marries Culture and Tourism The collaboration between Galaxy Macau and iQIYI has achieved breakthroughs not only in technology but also in the promotion of culture. Every detail within the Experience Center incorporates rich elements of traditional Chinese style, from architectural design to interactive content, reflecting a deep respect for, and promotion of, Chinese traditional culture. At the opening ceremony, Galaxy Macau announced that there are more traditional Chinese-themed events in the pipeline, especially during upcoming festivals such as the Qixi Festival and Mid-Autumn Festival. These events will feature a myriad of onsite experiences that blend ancient charm with modern innovation, not only enriching visitors' experiences in Macau but also setting the city on track for the cross-sector integration of "tourism + culture". Moving forward, the strategic partnership between Galaxy Macau and iQIYI will continue to deepen. Both parties warmly welcome all enthusiasts of technology and Chinese traditional culture to visit the "Love Between Fairy and Devil" VR Immersive Experience Center at Galaxy Macau, where they can embark on an unprecedented fantasy adventure, traveling back in time to a "xianxia" world and experiencing the fusion of technology and culture. With the help of state-of-the-art VR technology, highly realistic 3D modeling, and Artificial Intelligence Generated Content (AIGC), the Immersive Show and VR Experience recreated vivid and stunning scenes such as the beautiful fairy realm, icy snowfields, and mysterious palaces, engaging all the players’ senses and allowing them to fully immerse themselves in the storyline. The "Love Between Fairy and Devil" VR Immersive Experience Center at Galaxy Macau: Opening Hours: 10:00-23:00 Location: 1001, 1/F, Pearl Lobby, Galaxy Macau Hanfu Experience available from 10:30 until 20:00 (Additional fees apply) Professional makeup & hairstyling available from 11:00 to 20:00 (Additional fees apply) VR Experience – Admission (per person): MOP 238 from Monday to Friday MOP 298 on Saturday and Sunday Promotion: For groups of two or more, each person will enjoy a discount of MOP 30; for groups of three or more, each person will enjoy a discount of MOP 40; for groups of eight or more, each person will enjoy a discount of MOP 60. With an ICBC Galaxy Macau credit card, each person will enjoy a discount of MOP 50 for groups of two or more. For inquiries: +853 2888 0888 *For tickets or bookings for the Hanfu Experience, please visit the official website of Galaxy Macau: https://www.galaxyresorts.com.cn/love-between-fairy-and-devil-vr-experience-center-galaxy-macautm/ Galaxy Macau: The Ultimate Summer Playground in Macau The summer sun is calling, and it's time to come out and play! By introducing a playful vibe and a sense of wonder, Galaxy Macau where not only can you enjoy the 10th Malaysian Cultural and Food Festival, but transforms any ordinary summer's day into a fun-filled adventure. Playtime begins in the Diamond Lobby, where giant experiential installations—and a lucky draw with MOP 8 million in prizes—beckon. "Splash & Snap", an ingenious combination of lighting, water, and special effects, offers you a taste of the thrills that await you at Grand Resort Deck. On the other side is the "Play & Win" giant capsule toy machine, where guests can win air tickets, hotel stays, luxury brand products, Grand Resort Deck annual passes for two, and more prizes totalling over MOP 8 million. Simply become a GALAXY ULTIMATE member by September 1st and accumulate a daily spend of MOP 300 or more within Galaxy Macau—or present your hotel room key or tickets to Galaxy Arena or Broadway Theatre within seven days—to join in the lucky draw. Your summer celebration isn't complete without enjoying unique flavors and enticing aromas from around the world. This summer will see the opening of prestigious dining establishments including three-Michelin-starred sushi master Masaaki Miyakawa's first sushi restaurant outside of Japan, Sushi Kissho by Miyakawa, as well as Teppanyaki Shou, an authentic teppan grill restaurant overseen by seasoned master chefs from Japan. The inspiring and whimsical exhibition "Eggspression – An Immersive Art Experience" takes you on an artistic journey you will never forget. So look no further: Galaxy Macau is your ultimate playground this summer! The highly anticipated “Love Between Fairy and Devil” VR Immersive Experience Center officially opens today, August 9, at Galaxy Macau with a grand opening ceremony. This project is the second initiative in Macau resulting from the strategic partnership between Galaxy Macau and iQIYI, following the “2023 iQIYI Scream Night”. Hashtag: #LoveBetweenFairyandDevil #GalaxyMacauThe issuer is solely responsible for the content of this announcement.ABOUT GALAXY MACAU INTEGRATED RESORTGalaxy Macau™, The World-class Luxury Integrated Resort delivers the "Most Spectacular Entertainment and Leisure Destination in the World". Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world's longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate. As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies. Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world's most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests' service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game. Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai's golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group's ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau. For more details, please visit www.galaxymacau.com,www.broadwaymacau.com.mo and www.galaxyicc.com.
HANGZHOU, China, Aug. 8, 2024 /PRNewswire/ -- Hikvision has introduced its latest innovation in low-light imaging, the DarkFighter 2.0 technology, which uses AI Image Signal Processing (ISP) algorithms to optimize night-time imagery. Additionally, it is bringing a new generation of DeepinView cameras to the market. These new cameras feature enhanced performance and a range of intelligent features. Hikvision unveils DarkFighter 2.0 technology and gen-2 DeepinView cameras Evolution of DarkFighter technology The journey of Hikvision's DarkFighter technology began with the original DarkFighter cameras, equipped with a large sensor to capture bright images in the dark. Subsequent developments introduced DarkFighterX and DarkFighterS, which offer better image clarity and color reproduction in low light. DarkFighter 2.0 is a significant leap forward. It integrates advanced AI ISP to overcome common optical challenges in dynamic scenes. The resulting image and video quality is excellent regardless of the light conditions and movement speeds. What will DarkFighter 2.0 change? DarkFighter 2.0 enables high-quality, 24/7 colorful video capture in varying light. It provides precise details of objects in the dark, even when they move at different paces. The power of DarkFighter 2.0 is particularly effective in dynamic and complex scenes with ultra-low light, making it ideal for protecting places such as crossroads and parking lots around the clock. For instance, the technology can now capture the plate number of a speeding car in the dark while preserving details of other objects in the same scene. This was nearly impossible to achieve with conventional CCTV cameras. DarkFighter 2.0's outstanding performance can be attributed to its new features. For example, the SharpMotion feature minimizes image noise and motion blur, while the ShotN feature helps capture clear images of various moving objects through flexible exposure settings. The technology also features Auto Wide Dynamic Range (AWDR) for smarter light adaptation and high frame rates for smoother motion capture. Cameras empowered by DarkFighter 2.0 DarkFighter 2.0 is being integrated across Hikvision's camera lineups, starting with the Gen-2 DeepinView models. These new DeepinView cameras come equipped with full DarkFighter 2.0 features and other enhancements, such as dual AI capabilities. This dual AI functionality enables the simultaneous operation of two AI algorithms. For example, perimeter protection and ANPR can operate simultaneously on one Gen-2 DeepinView camera at a parking lot, making it versatile for complex applications. Hikvision's launch of DarkFighter 2.0 technology and Gen-2 DeepinView cameras marks a new era in low-light imaging. These new products offer unparalleled image quality, advanced AI capabilities, and versatile features, set to provide unmatched performance and flexibility for a wide range of security demands. DarkFighter 2.0 will soon be available in DeepinView-Series Omni Cameras, Ultra-Series X6 Cameras, and Ultra-Series PTZs, too. For more information, please visit the DarkFighter 2.0 core technology page.
OEMs Leading the Charge with AI-Equipped Technology and Novel Business Strategies SAN ANTONIO, Aug. 8, 2024 /PRNewswire/ -- The diabetes care devices industry is witnessing a dynamic evolution, marked by intense competition among established players and emerging start-ups. Original Equipment Manufacturers (OEMs) are at the forefront, introducing innovative, AI-equipped technology designed to improve patient outcomes and enhance diabetes care. As awareness around diabetes increases, so do diagnosis rates. Global screening tests for early detection of T2D in adults have shown significant sensitivity and specificity, leading to higher diagnosis rates and, consequently, greater demand for diabetes care devices. Driven by ongoing technological advancements, competitive dynamics, and an ever-increasing diabetic population, the global diabetes care devices market is expected to surge from $42.21 billion in 2023 to $64.61 billion by 2028. Utkarsha Kaustubh Soundankar, Growth Expert at Frost & Sullivan, explains: "Market players are expanding their customer base beyond type 1 diabetes (T1D) patients to include those with type 2 diabetes (T2D), prediabetes, and even non-diabetic individuals. They are also adopting innovative business strategies that create steady revenue streams and reduce patients' financial burdens." SMBG: A Dominant yet Challenged Segment In 2023, Self-Monitoring of Blood Glucose (SMBG) was the largest segment in terms of market size. However, its growth is being curtailed by more innovative alternatives. Despite its affordability and range, especially in middle- and low-income countries with limited healthcare access, SMBG faces increasing competition from continuous glucose monitoring (CGM) systems. CGM: The Rapidly Growing Contender The CGM segment is experiencing rapid growth, thanks to decreasing sensor prices and increasing accessibility. North America and Europe are leading this shift from SMBG to CGM, driven by technological advancements, declining costs, newer applications, and supportive regulatory environments. CGM systems are poised to play a pivotal role in improving patient outcomes and transforming diabetes management practices globally. North America: Revenue Powerhouse Valued at $17.79 billion in 2023, the North American diabetes care devices market leads in revenue, driven by substantial healthcare spending and advanced technological adoption. These factors are expected to propel a robust CAGR of 8.9% through to 2028. The Asia-Pacific (APAC) region is the fastest-growing market, attributed to its high prevalence of diabetes and growing affordability. Cutting-Edge Innovations Emerging technologies are revolutionising the diabetes care industry. Companies like Dexcom, Abbott, and Medtronic are designing smaller, more comfortable, and less frequently calibrated CGM sensors. Insulet, Tandem, and Medtronic have introduced advanced insulin pumps with sophisticated, self-learning algorithms. Smart insulin pens from Novo Nordisk, Sanofi, and Eli Lilly track insulin usage and address sustainability concerns. Meanwhile, WellDoc's BlueStar enables intercommunication between various devices and mobile apps, enhancing data integration. French company Diabeloop offers the Diabeloop Generation 1 (DBLG1) algorithm, aimed at insulin pump providers. Such advanced algorithms are essential for staying competitive in the diabetes care device industry. For further information on this analysis, please click here About Frost & Sullivan Frost & Sullivan, the growth pipeline company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation, and leadership. The company's Growth Pipeline as a Service provides the CEO and the CEO's Growth Team with transformational strategies and best-practice models to drive the generation, evaluation, and implementation of powerful growth initiatives. Frost & Sullivan leverages over 60 years of experience in partnering with Global 1000 companies, emerging businesses, and the investment community from more than 40 offices on six continents. To engage with our growth experts for more information, click here Contact: Kristina MenzefrickeMarketing & CommunicationsGlobal Customer Experience, Frost & Sullivankristina.menzefricke@frost.com+44 (0)20 331 01228
Medtronic Diabetes expands CGM offerings to meet more people where they are in their diabetes journey DUBLIN, Aug. 7, 2024 /PRNewswire/ -- Medtronic plc (NYSE: MDT), a global leader in healthcare technology, today announced the U.S. Food and Drug Administration (FDA) approval for its Simplera™ continuous glucose monitor (CGM) — the company's first disposable, all-in-one CGM that's half the size of previous Medtronic CGMs. The discreet design simplifies the insertion and wear experience, eliminating the need for overtape. The Simplera™ platform featuring the company's newest CGM form factor, includes the Simplera™ CGM, designed to be used as part of a Smart MDI system with the InPen™ smart insulin pen and the Simplera Sync™ sensor, which is designed to be integrated with the MiniMed™ 780G system. The Simplera™ CGM and Simplera Sync™ sensor are CE Marked in Europe and launched earlier this year with positive feedback around ease of use and insertion, adding to the existing high satisfaction with the MiniMed™ 780G system. The recent FDA approval for Simplera™ CGM lays the groundwork for future submission of the updated InPen™ smart insulin pen app, which would facilitate integration with Simplera™ CGM, as a Smart MDI system. Once FDA clearance is obtained, Medtronic will initiate a limited market release in the U.S. beginning with existing standalone CGM and InPen™ customers. The Simplera Sync™ sensor is under review by the FDA in a separate regulatory filing. It is investigational in the U.S. and not approved for commercial use. Additional global regulatory submissions and approvals of the Simplera™ CGM and Simplera Sync™ sensor are pending. Global Partnership to Complement Future Medtronic CGM Offerings Medtronic is excited to announce a global partnership with Abbott to expand CGM options for people living with diabetes. Under this unique agreement, the companies will collaborate on an integrated CGM based on Abbott's most advanced CGM platform. Abbott will supply Medtronic with a CGM that will work exclusively with Medtronic smart dosing devices and software across both automated insulin delivery and Smart MDI systems. These systems, including the Abbott-based CGM, will be sold exclusively by Medtronic. Medtronic expects this original equipment manufacturer (OEM) agreement to be accretive to Diabetes revenue and neutral to Diabetes gross margin. Additional financial terms of the partnership and timing for commercial availability were not disclosed. "Our partnership with Abbott allows us to expand access to our advanced automated insulin delivery and Smart MDI systems that deliver best-in-class outcomes with the most widely used CGM in the world. We look forward to offering our Simplera™ platform alongside this integrated CGM to bring more choice to people living with diabetes within one seamless Medtronic experience," said Que Dallara, executive vice president and president, Medtronic Diabetes. Medtronic continues to advance its pipeline for people requiring intensive insulin delivery, including next-generation durable and patch automated insulin delivery systems, smart pens, CGMs, algorithms, software and services and will continue to expand therapy indications. "This partnership pairs two global leaders in glucose sensing technology and insulin delivery," said Jared Watkin, executive vice president of Abbott's diabetes care business. "Abbott's CGM technology has set the standard for accurate, accessible, easy-to-use and reliable continuous glucose monitoring. Connecting this CGM built for Medtronic's advanced insulin delivery systems and algorithms makes it easier for people to spend less time thinking about their diabetes and more time living." About the Diabetes Business at Medtronic (www.medtronicdiabetes.com)Medtronic Diabetes is on a mission to alleviate the burden of diabetes by empowering individuals to live life on their terms, with the most advanced diabetes technology and always-on support when and how they need it. We've pioneered first-of-its-kind innovations for over 40 years and are committed to designing the future of diabetes management through next-generation sensors (CGM), intelligent dosing systems, and the power of data science and AI while always putting the customer experience at the forefront. About MedtronicBold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic, visit www.Medtronic.com and follow Medtronic on LinkedIn. Any forward-looking statements, including, but not limited to, statements regarding the partnership between Medtronic and Abbott, strategic and other potential benefits of the partnership, Abbott's products and product candidates, and other statements about Medtronic managements' future expectations, beliefs, goals, plans or prospects, are subject to risks and uncertainties including, but not limited to, the ability to obtain regulatory approvals, and other risks and uncertainties such as those described in Medtronic's reports and other filings with the Securities and Exchange Commission. Actual results may differ materially from anticipated results. Medtronic cautions investors not to place considerable reliance on the forward-looking statements contained in this press release. These forward-looking statements speak only as of the date of this document, and Medtronic undertakes no obligation to update or revise any of these statements except to the extent required by law. Contacts:Janet ChoPublic Relations+1-818-403-7028 Ryan WeispfenningInvestor Relations+1-763-505-4626
SHENZHEN, China, Aug. 7, 2024 /PRNewswire/ -- vivo today unveiled the new V40 series, including V40 and V40 Pro, its latest smartphones designed to elevate the mobile portrait photography experience. Featuring a professional-grade portrait system co-engineered with ZEISS, V40 series empowers users to capture portraits and videos that tell their story in stunning quality. V40 and V40 Pro also boast a powerful battery, all housed in a sleek, lightweight design - making them vivo's slimmest devices with a 5500 mAh[1] battery to date. vivo presents the new V40 series, featuring a professional-grade portrait system co-engineered with ZEISS. "With V40 series, we've focused on blending powerful mobile portrait photography, lasting battery performance and sleek design as a way to enhance the overall user experience. We partnered with ZEISS to co-engineer a professional-level portrait system that provides endless opportunities for creativity and self-expression," said Yongduan Zhou, General Manager of the Overseas Product Department at vivo. "The long-lasting battery, effortless performance, immersive display, and intuitive interface ensure that users can stay connected, productive, and entertained throughout their day. We think of each device as more than a smartphone, it is a companion that enhances every aspect of your digital life." All you Need for Portrait Photography V40 series is meticulously engineered for professional-level portrait photography. Both V40 and V40 Pro achieve the quality and imaging performance standards jointly defined by vivo and ZEISS. This ensures the exceptional image quality and creative control that ZEISS Optics are known for. Users can capture every detail with the 50 MP ZEISS OIS Main Camera[2], available on both models. The 50 MP ZEISS OIS Main Camera[3] on V40 Pro uses the new 1/1.56-inch Sony IMX921 sensor, while V40 features the 1/1.56-inch Samsung ISOCELL GNJ Sensor. Both models have an f/1.88 aperture that enhances light intake, ensuring clear portraits and landscape photos at night. The powerful Optical Image Stabilization (OIS) further reduces blur and achieves a 2.8x[4] light intake for consistently sharp and bright images. For capturing portraits or distant subjects with remarkable clarity, V40 Pro boasts an exclusive 50 MP ZEISS Telephoto Portrait Camera[5]. This camera features the Sony IMX816 sensor and allows for 2x optical zoom and up to 50x ZEISS Ultra HD Zoom. Both V40 and V40 Pro feature a 50 MP ZEISS Ultra Wide-Angle Camera[6] with an f/2.0 aperture and autofocus tracking. With an ultrawide 119° angle[7] and powerful autofocus, it is ideal for capturing stunning landscapes or group portraits, ensuring everyone fits in the photo. At the front, the 50 MP ZEISS Group Selfie Camera[8] is equipped with smart autofocus, helping users take detailed and colorful selfies. The front camera image quality is further improved thanks to the AI Facial Contouring Technology that effectively reduces common facial distortion[9] issues, including protruding or enlarged facial features, resulting in more natural-looking portraits. The new V40 series goes beyond the ordinary with innovative features that empower creativity. With ZEISS Multifocal Portrait, users can integrate professional portrait focal lengths into their mobile photography. V40 Pro offers 24 mm, 35 mm, 50 mm, 85 mm, and 100 mm focal lengths, while V40 supports 24 mm, 35 mm and 50 mm. For a seamless point-and-shoot experience, V40 series offers master-level professional portrait templates tailored to various scenarios. Each focal length offers optimized color tones and is paired with a corresponding ZEISS Style Bokeh, offering a variety of powerful portrait effects. Portrait captured on V40 Pro using ZEISS Multifocal Portrait with a 50 mm focal length. V40 series is optimized for movie-like video content with options to shoot cinematic videos in 4K. V40 and V40 Pro offer ZEISS Cinematic Bokeh Video that creates a unique oval bokeh and a 2:39:1 aspect ratio, lending a classic film aesthetic to any video creation. The movie-like style is further enhanced with ZEISS Focus Transition. With this feature, the focus switches smoothly and follows the main character automatically based on the direction they are facing. The protagonist in the video remains the highlight, creating a movie-like atmosphere. Bringing Studio-Quality Lighting with a Smarter Aura Light V40 series redefines portrait lighting with the upgraded AI Aura Light Portrait. V40 Pro boasts a smaller Aura Light which, when using 2x zoom, is three times brighter compared to its predecessor and 50 times softer compared to a regular flash[10]. The newly upgraded electronically controlled dimming technology optimizes lighting according to portrait scenarios, ensuring clear and bright faces even at 4x zoom. Both V40 and V40 Pro feature Studio-Quality professional fill light, enhancing depth and dimensionality. The new AI 3D Studio Lighting helps enhance image quality by adding precise and natural fill light for challenging lighting conditions. AI 3D Studio Lighting utilizes advanced AI algorithms for 3D facial light recognition analysis, offering an additional layer of 3D fill light to enhance the portraits taken in low light or at night. The Aura Light capabilities have been extended to include indoor backlit scenarios and support all focal lengths. Users can now also use it to capture stunning images of family and friends with the Festival Portrait style, including two distinct LUTs that enhance the festive feel with carefully calibrated colors. Further, the new Dynamic Light feature allows the Aura Light on the back of the phone to be used in various scenarios, such as message notification flash and photo countdown flash. Smooth Performance with a Powerful Battery that Lasts V40 series is designed to keep up with users' active lifestyle. The large 5500 mAh BlueVolt battery allows users to listen to music for up to 63 hours[11]. When the battery is low, users can rely on the 80W FlashCharge Technology and Fast charging Mode[12] to quickly power up and stay connected. vivo has engineered a high-capacity battery within a slim body by employing a range of innovative technologies. Using second-generation silicon-carbon anode, the battery achieves a 20% higher[13] energy density, and the capacity is increased by approximately 1,000 mAh[14] compared with regular batteries of the same size. Effortless Performance and Immersive Entertainment V40 series delivers a seamless user experience for work and entertainment. V40 Pro is powered by the MediaTek Dimensity 9200+ Flagship Chipset, while V40 utilizes the Qualcomm Snapdragon® 7 Gen 3 Mobile Platform. Both models support up to 12GB + 12GB Extended RAM[15], providing larger memory space and smooth switching between apps. Users can multitask effortlessly with over 40 apps[16] running in the background. For an immersive entertainment experience, V40 series has 1.5K Ultra Clear Sunlight Display (AMOLED) and 3D curved screen. The 120 Hz refresh rate ensures smooth visuals, while the peak brightness reaches 4500 nits, 60.7% higher than the previous generation, providing a clear and vibrant display even under bright sunlight. V40 series comes with a triple SGS certification for low blue light, low flicker and low motion blur, promoting eye health and ensuring comfortable viewing in various lighting conditions[17]. For the first time in the V series, V40 series introduces a Dual Stereo Speaker system, delivering 3D stereo sound with balanced and rich bass. This elevates the audio experience for videos, music, and games. Exquisite Yet Durable Slim Design in Four Show-stopping Colors V40 series combines durability and elegance within a slim and lightweight form. V40 and V40 Pro are built to last with a Comprehensive Cushioning Structure that provides enhanced shock absorption, while the protective glass is made from high-performance Schott α, increasing drop resistance by 47%[18]. The V40 series devices are the slimmest vivo phones with a 5500 mAh battery to date, measuring only 7.58 mm in thickness[19]. The 3D curved screen offers a comfortable grip and immersive visual experience. V40 series also showcases a stunning redesigned camera module, now featuring a Gemini Ring Design. Inspired by the Gemini constellation, the camera module complements the overall design craftsmanship, adding a touch of luxury. V40 series introduces four new colors. Nebula Purple (V40 only) is a gray-toned purple shade, featuring delicate Fluorite AG shimmer. Sunglow Peach (V40 only) is a warm, sunrise-inspired peach color with a glossy glass finish and dynamic magnetic ink textures. Meteor Blue (V40 & V40 Pro) has a pure blue hue with a glossy transparent texture that adds a dynamic effect. Moonlight White (V40 & V40 Pro) is a soft interplay of blue and white hues with an Anti-Fingerprint Coating. Stellar Silver (V40 & V40 Pro) is an elegant colorway that uses AG technology for enhanced scratch and fingerprint resistance. Pricing and Availability Starting today, vivo V40 series will be available in India, and will gradually roll out to other markets. The availability, pricing and specifications of each model may vary according to local market conditions and consumer preferences. For details on pricing and color options, please visit vivo's official website. About vivo vivo is a technology company that creates great products based on a design-driven value, with smart devices and intelligent services as its core. The company aims to build a bridge between humans and the digital world. Through unique creativity, vivo provides users with an increasingly convenient mobile and digital life. While bringing together and developing the best local talents to deliver excellence, vivo is supported by a network of R&D centers including Shenzhen, Dongguan, Nanjing, Beijing, Hangzhou, Shanghai and Xi'an, focusing on the development of state-of-the-art consumer technologies, including 5G, artificial intelligence, industrial design, photography and other up-and-coming technologies. vivo has also set up an intelligent manufacturing network (including those authorized by vivo), with an annual production capacity of nearly 200 million smartphones. As of now, vivo has branched out its sales network across more than 60 countries and regions, and is winning more than 500 million users worldwide with its superior products and services. Following the company's core values, which include Benfen*, user-orientation, design-driven value, continuous learning and team spirit. vivo has implemented a sustainable development strategy, with the vision of developing into a healthier, more sustainable world-class corporation. *"Benfen" is a term describing the attitude on doing the right things and doing things right – which is the ideal description of vivo's mission to create value for society. [1] The typical battery capacity is 5500 mAh, and the rated capacity is 5380 mAh. [2] The pixel value may vary under different camera modes, and is subject to actual usage. [3] The pixel value may vary under different camera modes, and is subject to actual usage. [4] The 2.8x light intake is compared to cameras without OIS. All data is sourced from vivo's laboratory tests. [5] The pixel value may vary under different camera modes, and is subject to actual usage. [6] The pixel value may vary under different camera modes, and is subject to actual usage. [7] The optical field of view of the 50 MP ZEISS Ultra Wide-Angle Camera is 119°, and 109.2° after distortion correction. [8] The pixel value may vary under different camera modes, and is subject to actual usage. [9] The AI Facial Contouring Technology works best in single-person selfies. [10] V40 Pro's Aura Light data is sourced from vivo's laboratory. At the 2x focal length, the brightness is up to three times higher compared to the V30 Pro's Aura Light. Compared to a regular flash, the softness of the Aura Light of V40 Pro is increased by approximately 50 times. [11] Data is sourced from vivo labs and a single app was used during the test. Duration of use test conditions: For Music, Bluetooth earphones are connected and the screen is off. Actual duration of use may vary depending on brightness, volume, environment, or other factors. Please take the actual product as standard. [12] The Fast Charging Mode needs to be manually enabled, you can follow these steps to activate this feature: Settings – Battery – Battery health and charging – Fast charging. [13] A regular battery refers to a battery that uses graphite-anode materials with a terminate voltage of 3.4V, and an energy density of about 675 Wh/L. [14] Data is theoretical value. Actual performance shall prevail. [15] 12 GB extended RAM is realized by software. Actual available RAM/ROM is less due to the storage of the operation system and pre-installed apps. [16] Data is obtained from vivo laboratory tests. [17] The product is not intended for medical use. [18] Compared with the Xensation UP glass with the same thickness, the Xensation α glass is 47% tougher in a drop test that involves 80 grit sandpaper. Data is from vivo labs. [19] Actual dimensions may differ slightly due to variations in processes, measurement method, and material supplies.
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