Xiaomi

Kingsoft Cloud Announces Unaudited Fourth Quarter and Fiscal Year 2023 Financial Results

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Wednesday, March 20, 2024
Cloud, Tao, Research, Federal Reserve Bank, PIN, Maas, Customer, Annual report, Growth, RMB, KC, COVID-19, Operating cost, IDC, AI, Depreciation, Translation, Investment, Cloud computing, HKEX, Workforce, Model, Calendar, Marketing, CDN, Government, Xiaomi, Video game

BEIJING, March 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.

Key Points: 
  • BEIJING, March 20, 2024 (GLOBE NEWSWIRE) -- Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading independent cloud service provider in China, today announced its unaudited financial results for the fourth quarter and fiscal year ended December 31, 2023.
  • Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “In 2023, we continued to uphold the principle of high-quality and sustainable development and have accomplished significant achievements.
  • Revenues from public cloud services increased by 3.5% from RMB1,016.6 million in last quarter to RMB1,052.0 million (US$148.2 million).
  • Revenues from public cloud services decreased by 21.7%, compared with RMB1,344.3 million in the same quarter of 2022.

Elliptic Labs Shipping on Xiaomi Civi 4 Pro Smartphone

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Friday, March 22, 2024
Telecommunications, Software, Hardware, Artificial Intelligence, Consumer Electronics, Technology, Semiconductor, Mobile, Wireless, Smartphone, Organization, Cheek, Labs, Partnership, Ellipse, Life, Ear, System, Civi, Xiaomi, Mobile phone

Elliptic Labs (OSE: ELABS ), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, is announcing the launch of its AI Virtual Proximity Sensor™ INNER BEAUTY® with long-time customer Xiaomi, the third largest smartphone maker globally, on the new Civi 4 Pro smartphone.

Key Points: 
  • Elliptic Labs (OSE: ELABS ), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, is announcing the launch of its AI Virtual Proximity Sensor™ INNER BEAUTY® with long-time customer Xiaomi, the third largest smartphone maker globally, on the new Civi 4 Pro smartphone.
  • The Xiaomi Civi 4 Pro, released for the global market, is driven by Elliptic Labs’ partner Qualcomm’s newly announced Snapdragon 8s Gen 3 chipset .
  • "Elliptic Labs’ relationship with Xiaomi has now reached eight years, an impressive amount of time in the smartphone industry to continue working together,” said Laila Danielsen, CEO of Elliptic Labs.
  • AI Virtual Smart Sensor, AI Virtual Proximity Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.

PATEO, a Leading Enterprise in Automotive Intelligence Industry, Secures Another Equity Financing of Approximately 1.5 Billion Yuan

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Tuesday, March 26, 2024
STEC, Dongfeng Motor Corporation, Attention, China Construction Bank, ICBC, Intelligence, Xiaomi, CCP, Capital, YRD, CCB, DFM, Trust, FAW Group, Industrial, FAW, Intellectual property, Yangtze Delta, Automotive industry, Multimedia, Commercial bank, Renewable energy

According to relevant resources, PATEO has recently obtained another financing of 1.5 billion yuan.

Key Points: 
  • According to relevant resources, PATEO has recently obtained another financing of 1.5 billion yuan.
  • While completing this equity financing, PATEO also signed a 19 billion yuan credit agreement with seven top state-owned banks, including Industrial and Commercial Bank of China (ICBC) and China Construction Bank (CCB).
  • In the second half of electric vehicle race, intelligence is the core for automakers to create product differentiation, hence the accelerated iteration of automotive product architecture and form.
  • As an intelligence supplier with self-owned core technologies, PATEO has entered a period of leapfrog growth from 1 to 10 with the development of the industry.

Viomi Technology Co., Ltd Reports Second Half and Full Year 2023 Unaudited Financial Results

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Monday, March 25, 2024
Research, Quality control, Growth, Artificial intelligence of things, Internet of things, Xiaomi, Water purification, Stock, Water quality, Investment, Sustainable development, Water, GAAP, Collection, Marketing, Cryptocurrency

GUANGZHOU, China, March 25, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the second half and full year ended December 31, 2023.

Key Points: 
  • GUANGZHOU, China, March 25, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: VIOT), a leading IoT @ Home technology company in China, today announced its unaudited financial results for the second half and full year ended December 31, 2023.
  • Net revenues were RMB1,189.0 million (US$167.5 million), compared to RMB1,596.4 million for the second half of 2022.
  • Number of cumulative household users reached approximately 8.4 million, compared to approximately 7.7 million for the second half of 2022.
  • Last but not least, our IoT Technology Park, meticulously constructed over three years, was officially inaugurated in November 2023, ushering in a new era for Viomi.

NVIDIA Announces Financial Results for Fourth Quarter and Fiscal 2024

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Wednesday, February 21, 2024
Cloud, Acquisition, Nvidia Omniverse, Singtel, DRIVE, AI, Amgen, Cisco, Xiaomi, RTX, Drug discovery, Government, Super Series, API, LLM, Introduction, GAAP, Chat, DLSS, Webcast, Medicine, GeForce, Li Auto, Reflex, Graphics processing unit, Great Wall Motor, Bank statement, NVIDIA, Video game

Reached the milestone of 500 AI-powered RTX games and applications utilizing NVIDIA DLSS, ray tracing and other NVIDIA RTX technologies.

Key Points: 
  • Reached the milestone of 500 AI-powered RTX games and applications utilizing NVIDIA DLSS, ray tracing and other NVIDIA RTX technologies.
  • NVIDIA will conduct a conference call with analysts and investors to discuss its fourth quarter and fiscal 2024 financial results and current financial prospects today at 2 p.m. Pacific time (5 p.m. Eastern time).
  • The webcast will be recorded and available for replay until NVIDIA’s conference call to discuss its financial results for its first quarter of fiscal 2025.
  • NVIDIA believes the presentation of its non-GAAP financial measures enhances the user’s overall understanding of the company’s historical financial performance.

Elliptic Labs Shipping on Xiaomi POCO X6 Pro Smartphone

Retrieved on: 
Wednesday, January 17, 2024
Consumer Electronics, Technology, Telecommunications, Mobile, Wireless, Software, Artificial Intelligence, Hardware, MediaTek, Ear, Life, Xiaomi, Ellipse, Partnership, Cheek, Original equipment manufacturer, Ultra, Labs, System, Organization, Smartphone, Consumer electronics

Elliptic Labs (OSE: ELABS ), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, has launched its AI Virtual Proximity Sensor™ INNER BEAUTY® with Xiaomi, the third largest smartphone maker globally, on the new POCO X6 Pro smartphone.

Key Points: 
  • Elliptic Labs (OSE: ELABS ), a global AI software company and the world leader in AI Virtual Smart Sensors™ currently deployed in over 500 million devices, has launched its AI Virtual Proximity Sensor™ INNER BEAUTY® with Xiaomi, the third largest smartphone maker globally, on the new POCO X6 Pro smartphone.
  • The Xiaomi POCO X6 Pro, released for the global market, is driven by MediaTek’s Dimensity 8300 Ultra chipset developed by Elliptic Labs’ partner MediaTek .
  • "The value of Elliptic Labs’ AI Virtual Smart Sensor Platform™ has led to Xiaomi’s launch of our AI Virtual Proximity Sensor on their latest value-driven flagship device, the POCO X6 Pro,” said Laila Danielsen, CEO of Elliptic Labs.
  • AI Virtual Smart Sensor, AI Virtual Proximity Sensor, and AI Virtual Smart Sensor Platform are trademarks of Elliptic Labs.

Formovie Technology Announces Next-Generation Projectors at CES 2024: A Must-See for Tech Enthusiasts

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Monday, January 8, 2024
Dolby Vision, Apple Thunderbolt Display, LCD, Bowers & Wilkins, ANSI, UHD, Projection, Netflix, Lumen (unit), Xiaomi, CES, Automation, Television

Visitors will have the opportunity to experience the immersive quality of several Formovie projectors, including the Formovie 4K Triple-Laser UST Projector Theatre, the Formovie 4K UHD Projector V10 (winner of the CES 2023 Innovation Award), the Formovie Laser Projector S5, the Formovie V1 Ultra, the Formovie R1 Nano, the Formovie X1, and S5 Rolling and X5 4K Laser projectors.

Key Points: 
  • Visitors will have the opportunity to experience the immersive quality of several Formovie projectors, including the Formovie 4K Triple-Laser UST Projector Theatre, the Formovie 4K UHD Projector V10 (winner of the CES 2023 Innovation Award), the Formovie Laser Projector S5, the Formovie V1 Ultra, the Formovie R1 Nano, the Formovie X1, and S5 Rolling and X5 4K Laser projectors.
  • Formovie Technology will also display its independent brand, Xming, which offers two native Netflix and Google TV-certified LCD projectors: Xming Page One and Xming Episode One.
  • The Formovie Theatre is the flagship triple-laser TV, featuring the latest ALPD RGB+ triple-laser technology and a custom-designed sound system by Bowers & Wilkins.
  • Formovie Technology , a joint venture of Appotronics Corporation and Xiaomi Technology, is known for its latest product line, which showcases innovative laser technology, exceptional sound quality, and image clarity.

$300 Billion Micro Mobility Global Market Opportunities and Strategies to 2032 - ResearchAndMarkets.com

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Thursday, November 30, 2023
Other Transport, Alternative Vehicles, Fuels, Transport, Automotive, EV, Electric Vehicles, Xiaomi, B2B, Investment, Artificial intelligence, Pon Holdings, Growth, Retail, Video game, Semiconductor

The "Micro Mobility Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Micro Mobility Global Market Opportunities and Strategies to 2032" report has been added to ResearchAndMarkets.com's offering.
  • The global micro mobility market reached a value of nearly $43.6 billion in 2022, having grown at a compound annual growth rate (CAGR) of 12.4% since 2017.
  • The global micro mobility market is fairly fragmented, with a large number of players in the market.
  • The top opportunities in the micro mobility market segmented by ownership will arise in the business to consumers segment, which will gain $37.7 billion of global annual sales by 2027.

Global Smart Door Lock Market Poised for Rapid Growth, Reaching $5.90 Billion by 2028 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 16, 2023
Technology, Construction & Property, Building Systems, Security, Cloud, Corporation, Xiaomi, Internet of things, Commercial, ASSA, Urbanization, Privacy, Tablet, Smartphone, Application, Cloud computing, Honeywell, Residential area, Artificial intelligence, Financial institution, Intelligence, Machine learning, Allegion, Z-Wave, Growth, Self storage, Retail, Mobile phone, Tourism, Hospitality

The "Global Smart Door Lock Market: Trends and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Smart Door Lock Market: Trends and Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • This report unveils key insights into the dynamic smart door lock market, highlighting its growth prospects, challenges, and emerging trends.
  • In 2022, the global smart door lock market reached a valuation of US$2.14 billion, and it is projected to witness robust growth, reaching US$5.90 billion by 2028.
  • Competitive Landscape: The global smart door lock market features a fragmented landscape, but organized players have gained significant market share due to their product offerings, service quality, and brand visibility.

Household Robots Market worth $24.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 14, 2023
Logistics, SCARA, Inspection, PAM, Xiaomi, Robotic vacuum cleaner, UBtech Robotics, Component, SCADA, Region, Growth, LEGO, Sharp Corporation, Process control block, Ageing, Tradition, Aerial, Environment, SharkNinja, Husqvarna Group, Articulated vehicle, Dyson (company), Occupational safety and health, LEGO A/S, Animal, Security, Mobile robot, Monoprice, Loneliness, World Bank, Personal, MES, Robotics, John Deere, Human, IRobot, Dog, Machine shop, Transport, Collaboration, Miele, Cartesian, Parallel, Education

The decline of extended families and the rise of working parents contribute to growing loneliness among children and the elderly and such robots are designed to help them.

Key Points: 
  • The decline of extended families and the rise of working parents contribute to growing loneliness among children and the elderly and such robots are designed to help them.
  • Almost all companion robots are either shaped in the image of humans, i.e., humanoids, or animals, such as dogs or seals.
  • China is expected to have the largest household robots industry size during the forecast period.
  • Cheap labor costs and the rising adoption of household robots have made China favorable for manufacturers to invest in this region.