Author: Mei Ling Tan

  • SKT showcases potential of 5G in VR streaming

    SKT showcases potential of 5G in VR streaming

    SK Telecom is demonstrating the potential of 5G to enable virtual reality video streaming by developing exclusive VR content for a popular reality TV series.

    The company is offering 100 exclusive VR clips related to the Produce X 101 idol audition program on the oksuku OTT video service.

    The new content, added to a dedicated menu within the SKT-5GX section of the streaming app, will be provided to SK Telecom customers free of charge. The company is currently offering around 400 VR video clips on this section of the streaming app.

    SK Telecom said it has utilized 5G technologies for the planning, filming and delivery phases of the project. The company used 3D ultra-high definition video cameras to film joint performances, and applied video distortion correction technology to produce realistic and natural 3D video.

    “SK Telecom is witnessing a dramatic rise in the use of VR video contents on ‘oksusu’ since the launch of its 5G service,” the company’s 5GX VP and head of service business group Yang Maeng-seog said.

    “SK Telecom will continue to provide customers with a differentiated 5G experience by rapidly expanding dedicated services and contents on diverse themes.”

  • L Catterton Asia Selling RM Williams

    L Catterton Asia Selling RM Williams

    L Catterton Asia, the Singapore-based private equity firm, is set to sell its stake in Australian luxury footwear retailer RM Williams.

    The investment company, controlled by LVMH Group and the Arnault family, has put the business up for sale for US$500 million.

    If successful, the sale would mark the second major retail sector divestment by the fund in recent months, after it sold down its 58.86 percent stake in Chinese mall operator Sasseur Cayman Holding to just 1.36 percent.

    The RM Williams sale will be managed by investment bank Goldman Sachs.

    L Catterton currently owns 82 percent of the business, up from its initial 49 percent investment back in 2014.

    The other shareholders are IFM Investors, which manages not-for-profit superannuation investment funds, and actor Hugh Jackman.

    RM Williams has about 50 retail stores in Australia and London and exports to about 15 countries with a network of about 900 stockists. It was founded in 1932.

  • Telstra to launch HTC 5G Hub next week

    Telstra to launch HTC 5G Hub next week

    Australian operator Telstra has is taking pre-orders for what it is calling the country’s first 5G mobile device. The HTC 5G Hub will be available in Telstra stores from next Tuesday.

    The HTC 5G hub is a 5G and 4GX (LTE-Advanced) media hotspot designed for both enterprise and consumer use.

    The hotspot can support up to 20 Wi-Fi enabled devices as well as a gigabit Ethernet connection and provides an all-day battery life.

    For corporate customers, the device offers corporate VPN authentication and remote wipe capability. For the consumer segment, the device offers a voice-activated remote control for other home smart devices and media hub capabilities.

    Telstra CEO Andy Penn said the launch of the device was an important milestone in the operator’s transition to 5G.

    “Our launch of the HTC 5G Hub is the moment 5G becomes a reality for Australian consumers. Since 2016, we have been working with some of the world’s leading technology brands to ensure Australians are among the first in the world to be able to access 5G,” he said.

    “HTC has been a key partner for Telstra, innovating new technologies and driving greater connectivity for our customers. This launch of Australia’s first 5G mobile device is a testament to that partnership and we are proud to be launching it today”.

    At launch, customers will be able to access 5G in selected areas of Adelaide, Brisbane, Canberra, the Gold Coast, Hobart, Launceston, Melbourne, Perth, Sydney and Towoomba, he said.

    “This is just the start. The roll out of 5G coverage is ongoing and, as 5G develops, there will be more devices and more technologies to come. But this is an important step we take today, as the first Australian network to offer mobile 5G”.

  • Tigers delivers global B2B and B2C supply chain solutions for Rapha

    Tigers delivers global B2B and B2C supply chain solutions for Rapha

    Tigers is expanding its partnership with Rapha on both B2B and B2C delivery solutions as global e-commerce demand continues to grow for the cycling sportswear brand. Tigers UK is providing fulfillment services for Rapha, including distribution within the UK, the European Union, and Korea from its new Thurrock-based facility near London Gateway.

    Other markets in Asia will be served from Tigers’ Hong Kong warehouse, where the enterprise and e-commerce specialist is headquartered.

    Rapha was established in 2004 in London, UK, to address a need for stylish, high-performance cycling clothing, and continues to push the boundaries of innovation in cycle wear.

    “As e-commerce continues to grow globally, we are happy to welcome exciting brands such as Rapha to our portfolio, and to help them provide the highest-quality service to their customers around the world,” said Shahar Ayash, Managing Director – UK and Europe, Tigers.

    “Rapha not only produces sportswear clothing, they are also passionate cycling advocates with the aim to make road cycling the most popular sport in the world – and we are happy to support them in their mission.”

    Rapha is using Tigers’ Cloud-based SmartHub:Connect (SH:C) platform, which was launched last year and provides customers with end-to-end visibility of the global supply chain.

    “Customer experience is a core part of the logistics function today, and technology is a major lever in supporting this,” said Alex Bezer, Director of Technology, Rapha.

    “It was important to us that we found a partner who delivered on this promise, which Tigers put at the core of their proposition, with the guarantee of full visibility through the global supply chain and logistics cycle using SH:C.”

    SH:C is a single freight, e-commerce, and logistics platform with a built-in virtual warehouse solution.

    “Digital technology is the future of the logistics and supply chain industry, and Rapha is demonstrating how SH:C simplifies e-commerce, fulfillment, and distribution for organizations, especially for those with a global marketplace,” said Ayash.

  • Google to ban Huawei’s access to Android

    Google to ban Huawei’s access to Android

    Huawei’s consumer business has been dealt a potentially devastating blow to its future prospects after US president Donald Trump formally added the vendor to a list of companies that American companies cannot trade with if they don’t obtain a license.

    Huawei was added to the entity list of banned companies covered by the national emergency Trump declared last week, which gave him the power to regulate commerce to ostensibly protect national security.

    In the wake of Huawei being added to the list, Google has barred Huawei from receiving some updates to Android, announcing that it is “complying with the order and reviewing the implications”.

    US Chipmakers including Intel, Qualcomm, and Broadcom also reportedly told employees that they will cease supplying Huawei until further notice.

    But the US Commerce Department has subsequently issued a three-month exemption allowing Huawei to continue to purchase and access American products in order to maintain existing networks and provide software updates to existing devices.

    The exemption will not Huawei to purchase US components for new products. On the bright side for Huawei, the Commerce Department has announced it may extend the exemption further than the initial 90 days.

    In various communications including one sent to Globe Telecom in the Philippines, Huawei has pledged to continue providing security updates and after-sales services for its devices.

    Huawei founder and CEO Ren Zhengfei has meanwhile taken a bullish stance over the impact of the ban, telling Japanese media that the company’s growth “may slow, but only slightly.”

    The vendor had been anticipating the ban for some time, and has been investing in producing homegrown chips and further developing its own operating system in preparation.

    Ren has rejected the prospect of building manufacturing facilities in the US – even if the government asks Huawei to.

     

  • Retail Sales growth holds steady in April

    Retail Sales growth holds steady in April

    Economy-wide spending remained stable in April, apparently unaffected by the election period, according to the Commonwealth Bank’s latest Business Sales Indicator (BSI).

    Spending rose 0.5 per cent in trend terms in April, after gains of 0.6 per cent in both February and March, and a 0.5 per cent increase in January.

    Annual trend sales growth remained steady at 5.3 per cent for the 4th straight month, just below the 5.5 per cent long-term average growth rate.

    The seasonally-adjusted measure of the BSI, which measures debit and credit card transactions at Commonwealth Bank merchant facilities, rose 0.3 per cent in April, the 10th gain in the past year.

    The continued momentum in April was driven by strong growth in the amusement and entertainment and utilities sectors, which were both up 1.0 per cent, and hotels and motels, which was up 0.9 per cent, likely due to the Easter and Anzac Day holiday period.

    Retail stores also recorded spending gains in the month, though sales in clothing stores were down 0.3 per cent, making it the sector with the biggest drop, followed business services and repair services, which were down by 0.2 per cent.

    Sales were stronger across all states and territories in April except Northern Territory, where spending was down 0.4 per cent. Queensland saw the strongest growth, up 0.9 per cent), followed by Victoria and Tasmania, both up 0.8 per cent, South Australia, up 0.5 per cent, and Western Australia, NSW and ACT, both up 0.3 per cent.

    In annual terms, all states and territories had sales above a year ago except Northern Territory, where sales were down 5.4 per cent. Tasmania had the strongest annual growth, up 7.1 per cent, followed by Western Australia, up 7 per cent. South Australia had the slowest growth, up 3.1 per cent.

  • YouTrip raises $25.5m for SEA expansion

    YouTrip raises $25.5m for SEA expansion

    Hong Kong developed multi-currency mobile wallet YouTrip has raised $25.5 million in a pre-Series A funding round to help pursue expansion in Southeast Asia.

    YouTrip was developed in Hong Kong to be Singapore’s first multi-currency mobile wallet with a prepaid Mastercard. It was developed in partnership with Mastercard and Singapore’s largest public transport card issuer EZ-Link.

    Designed with travelers in mind, YouTrip allows users to pay in over 150 currencies and to exchange and store 10 selected currencies through an in-app exchange feature.

    YouTrip’s $25.5 million funding round was the largest pre Series A funding round for a Hong Kong founded a startup,and attracted participating investors including major Asian family offices and venture capital firm Insignia Ventures Partners.

    YouTrip plans to use the proceeds to invest heavily in growing its team and technology infrastructure to bolster its engineering hub based in Hong Kong, further enhance its payment infrastructure, roll out new product features, and expand into more Southeast Asian markets.

    “As a frequent traveler, I was surprised with how much banks mark up on overseas transactions – this was among the many reasons why I started YouTrip with Arthur Mak, who is also chairman of YouTrip,” the company’s co-founder and CEO Caecilia Chu said.

    “As the regional travel industry continues to post robust growth, YouTrip recognizes the pain points of travelers and equally, the immense opportunity to better serve their financial needs. We are dedicated to creating the best mobile financial services for travelers by simplifying overseas spending and creating a fuss-free travel experience.”

  • Wolverhampton Wolves to open Shanghai Football Store

    Wolverhampton Wolves to open Shanghai Football Store

    English Premier League football team Wolverhampton Wanderers is opening a retail store in Shanghai.

    The July 15 opening, timed to coincide with the Premier League Asia Trophy in which the club is participating, will see the Wolves Megastore become one of the first anchor tenants of the Bund Financial Centre Mall. The location is situated on the Shanghai Bund near the headquarters of the club’s Chinese owner Fosun.

    “We see China as a key market for us, both in terms of fan acquisition and also developing the commercial aspirations of the club,” said Wolves MD Laurie Dalrymple, “and timing the store opening for when the first team and staff are in Shanghai was a natural fit.”

    The store will stock Wolves-inspired fashion lines unique to the Chinese market along with replica products.

    A series of Wolves pop-up stores will also be opening in Nanjing, Hangzhou and Chengdu.

  • Ather Energy Begins Setting Up Fast Charging Infrastructure In Chennai

    Ather Energy Begins Setting Up Fast Charging Infrastructure In Chennai

    Ather Energy has started setting up the company’s fast charging network, Ather Grid in Chennai. In all, between 50-55 Ather Grid points will be set up in Chennai and running by the end of the year. The fast charging network can be used by all electric two-wheelers and four-wheelers and Ather is offering this facility free of charge till the end of 2019. Chennai has 7 active fast charging Ather Points installed and is the second city in India to have Ather’s charging network after Bengaluru.

    “Ather Grid has seen steady adoption in Bengaluru and we believe that accessible charging infrastructure is critical before launching our products in any market we enter. We have already signed up with multiple partners and will add 50 charging points by the end of the year. Chennai was a natural choice for our expansion as the auto hub of the country and as the birthplace of Ather in IIT Madras. We are working on setting-up the charging network and our experience centre – Ather Space – in time for the launch of the Ather 450 in the coming weeks,” said Ravneet Phokela, Chief Business Officer.

    With the installation of the charging network, Ather Energy officially makes its foray into Chennai. The city will also have its own experience centre – Ather Space – and pre-orders for the Ather electric scooters for Chennai will open in June. The charging network is supported by the Ather Grid app which allows all EV owners to locate and check the availability of the nearest charging stations in real time. Currently, the Ather Grid network spans across 31 charging points across 24 locations in Bengaluru and 7 locations in Chennai. The company plans to expand the network and set up charging points in 30 cities by 2023.

    Ather Energy was founded in 2013 by IIT Madras alumni Tarun Mehta and Swapnil Jain, and last year the company launched its two smart-connected electric scooters, the Ather 340 and the Ather 450. Ather Energy is backed by founders of Flipkart, Tiger Global and Hero MotoCorp. The company currently operates in Bengaluru and will be officially launching operations in Chennai in June 2019, followed by other major cities across the country.

  • Amazon helps with Deliveroo funding round

    Amazon helps with Deliveroo funding round

    Amazon is leading another funding round in international food-delivery startup Deliveroo.

    The US online retailer and existing shareholders including T Rowe Price, Fidelity Management and Research Company, and Greenoaks will invest US$575 million in the company, taking the cumulative total raised to date to $1.53 billion.

    “With this funding, Deliveroo will continue to build its world-class service – bringing customers the food they want whenever and wherever they want it, offering even more work for riders, and helping restaurants to grow their businesses by reaching new customers,” the company said in a statement.

    The funds will be deployed to growing Deliveroo’s London-based engineering team, expanding Deliveroo’s delivery reach, innovations such as the company’s delivery-only super kitchens called Editions and the development of new products providing customers with a more personalized experience.

    “This new investment will help Deliveroo to grow and to offer customers even more choice, tailored to their personal tastes, offer restaurants greater opportunities to grow and expand their businesses, and to create more flexible, well-paid work for riders,” said Will Shu, founder, and CEO of Deliveroo.

    “Amazon has been an inspiration to me personally and to the company, and we look forward to working with such a customer-obsessed organization. This is great news for the tech and restaurant sectors, and it will help to create jobs in all of the countries in which we operate.”

    Amazon UK country manager Doug Gurr said the company was impressed with Deliveroo’s approach and its innovation in delivery options.

    “Will and his team have built an innovative technology and service, and we’re excited to see what they do next.”

  • Cisco expects 5G windfalls in the future

    Cisco expects 5G windfalls in the future

    Cisco is primarily known for its switches and routers for service providers and enterprises. It has not been a big competitor in the radio access networking space against vendors such as Ericsson and Nokia. But on its fiscal third-quarter 2019 earnings call this week, Cisco CEO Chuck Robbins mentioned “wired and wireless” networking a few times.

    “We are moving into an era of truly immersive and pervasive wireless connectivity, which generates demand for high density, low latency performance, for real-time experiences over both wired and wireless networks,” said Robbins, according to a Seeking Alpha transcript. “Our guys like to say behind every great wireless network is a great wired network,”

    In fact, the company has been hired by Rakuten to help it build its new greenfield mobile network in Japan. Cisco is building Rakuten’s network functions virtualization infrastructure (NFVi) with 4,000 edge nodes. In addition to software, Cisco is delivering routing and switching hardware. And Cisco is also the primary systems integrator for Rakuten’s virtualized telco cloud.

    On its earnings call, Robbins said, “With our newest Catalyst 9000 family additions, we have completed the most comprehensive enterprise networking portfolio refresh in our history. We have rebuilt our entire access portfolio with intent-based networking across wired and wireless.”

    Robbins also mentioned 5G, saying Cisco is helping telcos build out their core networks ahead of large-scale 5G rollouts. Although Cisco is already selling packet core technology to carriers for their new 5G networks, “the big play for us is when they begin to evolve their networks to accommodate the traffic,” he said. “And we’ve always said we felt like that would be sometime in calendar 2020.”

    Carriers are leveraging their existing core networks to run the early trials on 5G. “We believe that sometime in the future when the number of connections increases and the capacity gets to a point, then they’re obviously going to begin to build out these new backbones dedicated to the 5G infrastructure, where we will generally come into play,” he said.

    Although Robbins focused on telcos’ core networks in the earnings call, the company has investments in Altiostar, a startup that has developed RAN virtualization technology. Altiostar is also working with Rakuten.

    Finally, Robbins talked a bit on the earnings call about Wi-Fi 6. Cisco recently announced new Wi-Fi 6 access points across its Catalyst and Meraki portfolios, as well as the Catalyst 9600 core switch family.

    “Wi-Fi 6 is effectively what used to be called 802.11ax,” said Robbins. “And, what’s happening now is when you get these high-performance access points into the organizations and you get the low latency immersive experience possibilities, then it’s also going to drive the need to upgrade the backbones.”

  • DoT aims to issue trial 5G spectrum in June

    DoT aims to issue trial 5G spectrum in June

    India’s Department of Telecom has reportedly put facilitating 5G technology trials at the top of the agenda within its 100-day action plan for whichever party wins the upcoming Lok Sabha (lower house) elections.

    The allocation of 5G trial licenses could take place as soon as the new government takes over, which could be in June.

    The 100-day action plan also includes developing policy on trial spectrum and technology testing, standardization, regulatory policy and the establishment of use case labs, the report states.

    Areas of focus include simplifying the process of obtaining experimental licenses as well as approvals for experimental products and services.

    Depending on their readiness, operators could commence 5G network trials in June. The telecom ministry has recommended that the trial run for a three month period, with options to expand this to up to a year if operators need more time to prepare.

    Samsung, Nokia and Ericsson have been approved to participate in the trials with incumbent operators Reliance Jio Infocomm, Bharti Airtel and Vodafone Idea. The government has not yet decided whether to allow the participation of Chinese vendors including Huawei.

  • Update to Gboard makes it more Attractive

    Update to Gboard makes it more Attractive

    Google is pushing out an update to the Gboard virtual keyboard app for Android users. This includes support for Emoji 12.0, but only for those whose phones are running on Android Q. Some of the new emoji available includes an Otter, a service dog, a falafel, both a manual and a motorized wheelchair, and a stick of butter. Those in the healthcare industry will surely use the stethoscope and drop of blood emojis. The Unicode Consortium, which includes members such as Apple, Huawei, and Microsoft, unveiled Emoji 12.0 last February

    The other new features mentioned in the update include the ability to delete search history with a long press, vertical scrolling for emoji and expression stickers (although some have already had this feature for some time now), quick access to the clipboard, sticky preferences for emoji skin tone and gender, and the ability to import/export custom words for the dictionary.

    One new feature not mentioned in the changelist now matches the color of the Gboard navigation bar with the theme that you’ve selected for the virtual QWERTY. Previously the bar could only be black or white so those using Gboard might find this to be an improvement visually.

    We received this update literally minutes before starting to type out this article. You check to see if it has arrived on your phone by opening the Google Play Store. Once that task is completed, tap on the hamburger menu on the left side of the search bar. Click on My apps & games and check out the apps that are in queue to be updated. If Gboard is among them, tap the update box on the right, wait for it to be installed, and the next time you are ready to do some typing you can see the changes.

  • 10 Corso Como Leaving Shanghai

    10 Corso Como Leaving Shanghai

    Italian fashion concept store 10 Corso Como is withdrawing from China.

    The firm’s Shanghai retail outlet, which has been open since 2013, will be shuttered late this month in the absence of interest in a license and lease renewal from its local partner Trendy Group.

    The Milanese brand launched its early version of the concept store format at the beginning of the 90s, leading to global popularity and continuing global expansion – its New York location opened just late last year.

    Trendy Group is a late 90s fashion conglomerate that operates more than 3000 retail locations in almost 300 cities worldwide, and holds brands such as Ochirly, Five Plus, Coven Garden, Trendiano and Miss Sixty.

  • Missguided First Vietnam’s Store Opening

    Missguided First Vietnam’s Store Opening

    UK-based fashion brand Missguided Vietnam has opened its first store.

    Located on Level 2 of Ho Chi Minh City’s Saigon Centre, the new store is a part of the brand’s expansion internationally, which follows rationalization in its home market. The label has also opened its first franchised store in Dubai Mall, under a partnership with retail group Azadea.

    More stores are poised to open in the UAE, Qatar, Saudi Arabia, Kuwait, Bahrain, Jordan, Lebanon, and Egypt.

    Early February, Missguided closed its flagship in London’s Westfield Stratford City, which was also its first brick-and-mortar store, after three years of operating.

    The loss-making 20,000sqft store reportedly had two years left on the lease but Missguided negotiated to exit early.

    The brand now has only one store in the UK, at Bluewater shopping center in Kent.