Posts Tagged ‘news’

PICO is Official VR Headset Partner for Olympics ESports Week

Thursday, June 22nd, 2023

PICO has announced its sponsorship as the Official VR Headset Partner for the inaugural Olympics Esports Week (OEW). For the first time, the PICO 4 VR headset will be used in the main virtual taekwondo competition.

Programming of Olympic Esports Week will be available on demand on the PICO Video app.

Programming of Olympic Esports Week will be available on demand on the PICO Video app.

The first event of its kind is created by the International Olympic Committee (IOC) and will be taking place in Singapore between 22 and 25 June 2023, in partnership with the Ministry of Culture, Community and Youth, Sport Singapore and the Singapore National Olympic Council (SNOC).

“We are thrilled to be the Official VR Headset Partner for Olympic Esports Week. This partnership highlights PICO’s commitment to revolutionising the way people experience sports and gaming. We believe that VR has the power to merge the best aspects of both worlds, offering unparalleled immersion and physical engagement. We are excited to showcase our technology and contribute to the success of this groundbreaking event,” said Allen An, Regional Director for PICO Southeast Asia.

The four-day festival event will take place in Singapore at the end of June, showcasing the best of virtual sports, gaming and esports.

As the official VR headset sponsor, PICO’s VR headsets will be utilised, for the first time, in Virtual Taekwondo, one of the main competitive events.

This combines Singapore company Refract Technologies’ proprietary real-time full-body motion tracking system AXIS with the PICO 4 VR headset to deliver a groundbreaking VR adaptation of the traditional Korean martial art.

Virtual Taekwondo was created by Refract in partnership with World Taekwondo as an innovative game that will captivate participants and spectators alike, showcasing the incredible potential of VR in the world of sports.

In addition, PICO will be offering the programming of Olympic Esports Week on the PICO
Video app, providing viewers with the opportunity to enjoy the action on demand.

More details below from the press release.

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Creative Technology Founder, Chairman & CEO Sim Wong Hoo Dies

Thursday, January 5th, 2023

Singapore’s iconic tech entrepreneur, Sim Wong Hoo, died yesterday (4 January, 2023), aged 67. RIP.

Sim Wong Hoo has won accolades from industry and government for his innovations and entrepreneurship.

Sim Wong Hoo has won accolades from industry and government for his innovations and entrepreneurship. Photo: Creative Technology.

Sim Wong Hoo co-founded Creative Technology with Ng Kai Wa in 1981 and has been the Chairman and Chief Executive Office since inception.

Following Sim’s demise, the Board of Creative Technology has, during this transition period, appointed Lee Kheng Nam, Lead Independent Non-Executive Director, as acting Chairman, and Ng Kai Wa, Independent Non-Executive Director, as acting Vice Chairman.

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News: Dyson Commits Half a Billion GBP to Fuel New Beauty Innovations

Tuesday, October 25th, 2022

The four-year investment will facilitate the opening of new beauty research labs and the development of 20 new beauty products across the next four years.

Dyson’s research into hair care underpins its hair and beauty products.

Dyson’s research into hair care underpins its hair and beauty products.

Dyson is commiting half a billion GBP to expand and accelerate its research and technology development across its beauty portfolio, announcing plans to launch 20 new beauty products in the next four years.

Alongside this investment, Dyson also releases the results of its most comprehensive hair research study, deepening understanding of hair types, styling behaviours and perceptions of hair types and hair health around the world.

Key Study Findings

Hair perceptions & hair health misconceptions:
  • 7 in 10 respondents say their hair is damaged, with dandruff, hair loss and greying hair as top concerns. However, these are not damage concerns. 67% of all respondents also agree their hair is healthy, despite it being damaged.
  • However, respondents seem to understand what ‘healthy’ hair looks and feels like, describing it as shiny (36%), smooth (29%) and linking it to a healthy scalp (26%).

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Hyundai Singapore Holds Innovation Competition for Youths

Saturday, September 10th, 2022

Hyundai Motor Group today celebrated the finale of its first open innovation competition for Singaporean youth at the School of Science and Technology (SST).

S Iswaran, Minister for Transport and Minister-in-charge of Trade Relations (third from left), Hong Bum Jung, Chief Executive Officer of HMGICS (second from right) with members of the 1st Place Winning Team.

S Iswaran, Minister for Transport and Minister-in-charge of Trade Relations (third from left), Hong Bum Jung, Chief Executive Officer of HMGICS (second from right) with members of the 1st Place Winning Team.

The competition theme presented business cases and design ideas for Purpose-Built Vehicle (PBV).

“HMGICS is pleased to hold our first open innovation competition for Singaporean youth. HMGICS will continue to explore smart future mobility innovations by growing together with Singapore. This open innovation competition program for Singapore youth showcases our strong commitment to realize this vision. We also believe the work experience with SST will continue to help future growth of Singaporean youth in science & engineering for the sustainable future innovation in Singapore”, said Hong Bum Jung, Chief Executive Officer of HMGICS.

Hyundai Motor Group Innovation Center in Singapore (HMGICS), with the aim of better engaging Singaporean youth in the Group’s future mobility innovation, held the competition beginning this May.

The participating schools were River Valley High school, United World College, and the School of Science and Technology.

A total of 17 teams participated in the competition.

The Guest of Honor, Minister for Transport and Minister-in-charge of Trade Relations, S Iswaran presented the awards to the winning teams.

With four evaluation criteria (Social Impact, Creativity of Solution, Technical Accomplishment, Business Development), SST Team 2 won 1st place and was awarded vouchers and the work opportunity at HMGICS.

As part of the 3-month long competition, participating students received mentorships and lectures on the mobility industry, engineering design, and business.

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Temus to Expand 200-strong Workforce 5-fold in Next 3 Years

Thursday, September 8th, 2022

Established in April 2021 by Temasek and USTTemus has expanded to around 200 employees within 18 months, and aims to further expand its workforce to 1,200 over the next three years.

“Organisations of every size and industry are transforming how they do business in the digital age - speed, agility, and simplicity are at the heart of successful transformations. As Temus grows, we will unlock even greater value for our customers by catalysing digital transformation holistically, for economic and societal impact,” said KC Yeoh, Chief Executive Officer, Temus.

“Organisations of every size and industry are transforming how they do business in the digital age – speed, agility, and simplicity are at the heart of successful transformations. As Temus grows, we will unlock even greater value for our customers by catalysing digital transformation holistically, for economic and societal impact,” said KC Yeoh, Chief Executive Officer, Temus.

Temus was established in April 2021 by Temasek, in partnership with global digital services company UST, to accelerate the digital transformation of leading enterprises and public sector agencies in Singapore and beyond.

“Temus’ growth momentum is a testament to our unique proposition of forging long-term partnerships with our customers while keeping ‘value creation’ at the heart of helping to shape their digital futures. We will build on this promising start to accelerate the growth of Singapore’s digital talent pool and build distinct digital capabilities for our customers – in tandem with the country’s Smart Nation aspirations,” said KC Yeoh, Chief Executive Officer, Temus.

The company’s customers include Singapore’s government agencies and large enterprises spanning a range of industries including financial services and insurance, healthcare, education, consumer goods, telecommunications, infrastructure, energy and waste management.

The company has built experienced talent in strategy, design, architecture, technology, data & artificial intelligence.

More details below from the press release.

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IFA 2022: TCL Unveils Major Moves at IFA

Saturday, September 3rd, 2022

TV and consumer electronics maker, TCL, held a press conference at IFA Berlin 2022 (2-6 September, 2022) to announce its latest innovations. Here’s a quick summary.

TCL’s press conference and participation in IFA 2022 are based on a theme of “Inspire Greatness”.

TCL’s press conference and participation in IFA 2022 are based on a theme of “Inspire Greatness”.

Here are some news and big moves that TCL announced during the press conference at IFA Berlin 2022.

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Opening: Xiaomi’s Eighth Authorised Store at Waterway Point

Saturday, May 14th, 2022

Xiaomi has opened its eighth authorised store in Singapore at Waterway Point, with launch promotions of up to 50% off selected AIoT products.

Xiaomi’s 140-square-metre store is situated in Waterway Point, a family and lifestyle shopping mall in Punggol. It is located at B1-41/42 (East Wing) and is open everyday from 11am to 9pm.

Xiaomi’s 140-square-metre store is situated in Waterway Point, a family and lifestyle shopping mall in Punggol. It is located at B1-41/42 (East Wing) and is open everyday from 11am to 9pm. Photo credit: Xiaomi Singapore.

In the store, consumers can physically try out Xiaomi’s smartphones and the array of AIoT (Artificial Intelligence of Things) products Xiaomi sells, as well as accompanying accessories.

As part of the store’s launch, a series of special promotions are available from 14 – 16 May 2022, while stocks last.

New Store Launch Promotions

To celebrate the store launch, customers can enjoy exclusive discounts and promotions today as well as over the weekend.

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Luno Receives Payments In-Principle Approval from MAS in Singapore

Thursday, April 28th, 2022

Global retail cryptocurrency platform Luno has obtained in-principle approval (IPA) from the Monetary Authority of Singapore (MAS) to provide Digital Payment Token Services (DPT) in Singapore.

Luno’s global customer base grew by 35% year-on-year and aims to bring cryptocurrency to over 1 billion customers by 2030.

Luno’s global customer base grew by 35% year-on-year and aims to bring cryptocurrency to over 1 billion customers by 2030.

Luno Singapore has been granted in-principle approval from the MAS, under the Payment Services Act (PSA), to provide DPT services in Singapore.

This milestone marks Luno as the first global retail-focused cryptocurrency platform in Singapore to obtain IPA from the MAS, which will enable the accessibility of cryptocurrency in a well-regulated environment that safeguards the interest of consumers.

More details below from the press release.

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StarHub to Acquire 50.1% Stake in MyRepublic’s Broadband Business in Singapore

Wednesday, September 22nd, 2021

StarHub has just announced this morning that it will acquire a majority interest in a new entity which will hold MyRepublic’s broadband business in Singapore, providing broadband services for residential and enterprise customers.

StarHub to acquire 50.1% stake in MyRepublic’s broadband business in Singapore to drive long-term synergies.

StarHub to acquire 50.1% stake in MyRepublic’s broadband business in Singapore to drive long-term synergies.

Named MyRepublic Broadband Pte Ltd, the new entity has been incorporated by MyRepublic to hold MyRepublic’s Singapore broadband business.

StarHub’s total investment will be up to $162.8 million, with an initial consideration of $70.8 million for 50.1% shares of MyRepublic Broadband Pte Ltd and a deferred consideration of up to $92 million should future financial performance matrices are met.

The proposed transaction will consolidate and strengthen StarHub’s position in the Singapore broadband market, expanding its market presence to 40% and steering long-term business growth.

MyRepublic will retain the remaining 49.9% and its senior management team and its brand identity post-acquisition.

More details below from the press release.

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News: Imec Achieves cm Accuracy & Low-power Ultra Wideband Localisation

Wednesday, May 20th, 2020

Imec has combined advanced machine learning algorithms and innovations in chip design to extend its secure proximity portfolio with next-generation high-precision and low-power ultra wideband technology.

“UWB’s power consumption, chip size and associated cost have been prohibitive factors to the technology’s adoption, especially when it comes to the deployment of wireless ranging applications. For one, imec’s brand-new UWB chip developments result in a significant reduction of the technology’s footprint based on digital-style RF-concepts: we have been able to integrate an entire transceiver – including three receivers for angle-of-arrival measurements – on an area of less than 1 square mm. Importantly, our design also targets a very low power consumption: less than 4mW/20mW (Tx/Rx) – which is up to 10 times better than today’s implementations. And it builds on imec’s long standing expertise in secure distance bounding to increase the technology’s resilience to potential relay attacks,” explained Christian Bachmann, program manager for Secure Proximity and Sensitive Networks programs at imec.

“UWB’s power consumption, chip size and associated cost have been prohibitive factors to the technology’s adoption, especially when it comes to the deployment of wireless ranging applications. For one, imec’s brand-new UWB chip developments result in a significant reduction of the technology’s footprint based on digital-style RF-concepts: we have been able to integrate an entire transceiver – including three receivers for angle-of-arrival measurements – on an area of less than 1 square mm. Importantly, our design also targets a very low power consumption: less than 4mW/20mW (Tx/Rx) – which is up to 10 times better than today’s implementations. And it builds on imec’s long standing expertise in secure distance bounding to increase the technology’s resilience to potential relay attacks,” explained Christian Bachmann, program manager for Secure Proximity and Sensitive Networks programs at imec.

Ultra wideband technology is perfectly suited to support a variety of high accuracy and secure wireless ranging use-cases.

“Using machine learning, we created smart anchor selection algorithms that detect the (non) line-of-sight between UWB anchors and the mobile devices that are being tracked. Building on that knowledge, the ranging quality is estimated, and ranging errors are corrected. Since our approach also comes with machine learning enabled features that enable adaptive tuning of the network’s physical layer parameters, the right steps can then be initiated to mitigate those ranging errors – for instance by tuning the anchors’ radios,” explained Professor Eli De Poorter from IDLab.

Think of the ‘smart lock’ solutions commonly used in automotive – automatically unlocking a car’s doors as its owner approaches, while locking the car when the owner moves away.

While UWB is inherently more difficult to compromise than some alternatives, its potential has largely remained untapped because of its higher power consumption and larger footprint.

The innovations imec introduces today mark an important step to unlocking the technology’s full potential.

More details below from the press release.

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