Tag: Japan

  • NTT may sell African operations

    NTT may sell African operations

    Japan’s NTT Corporation, parent company of NTT Communications, is reportedly considering the sale of its African operations and could seek around $800 million for the assets.

    NTT is evaluating a sale of the African operations it acquired through the takeover of Dimension Data in 2010, three people familiar with the matter.

    According to the sources one potential outcome of the process is an acquisition of NTT’s Johannesburg-based internet solutions business, a Dimension Data subsidiary, by MTN. The African mobile group is planning to expand into the enterprise internet services segment for further growth, and could use the acquisition to facilitate this expansion.

    Dimension Data’s management are also considering an offer to buy back the company and re-list it publicly, the sources added. NTT acquired Johannesburg-based Dimension Data for around $2.7 billion seven years ago.

    But in 2015 NTT put Dimension Data on notice over its poor performance after years of failing to generate a profit, indicating it may seek to divest the acquisition.

    A sale at this stage is far from guaranteed. The report states that no decision has yet been made on a sale, cites NTT’s MEA CEO as denying that NTT is looking to sell the business and adds that representatives from the Tokyo headquarters refrained from commenting.

  • Jimmy Choo Tokyo Omotesando Hills by Christian Lahoude Studio

    Jimmy Choo Tokyo Omotesando Hills by Christian Lahoude Studio

    Jimmy Choo’s 140 square-meter flagship dual gender store in Omotesando Hills Mall, Tokyo, Japan introduces its open floor plan with 2 grand facades. The main façade invites people from the street to enter the luxury store to experience a unique design combining industrial elements with the luxury materials Jimmy Choo is known for. Two entrances – one for men’s and one for women’s – from the mall’s interior are framed in gold metal and invite with lit signage and campaign images.

    Project manager Katharina Hoerath created a continuous flow between the multilevel spaces by designing dynamic curve inspired fixtures. The luxurious environment is warm and welcoming, featuring gold mesh panels on light washed walls juxtaposing the grey painted exposed ductwork ceiling. The marble floors with gold accents and light implemented in the steps are adorned with rich grey carpeting.

  • Bango enables new payment option for Amazon customers in Japan

    Bango enables new payment option for Amazon customers in Japan

    Bango, the leading mobile payments company, announces that it has enabled a new payment method for Amazon customers in Japan. Amazon customers with a KDDI or NTT DOCOMO mobile phone account can now pay for physical goods from Amazon.co.jp, by charging the cost to their mobile phone bill.

    Adding carrier billing as a payment option increases choice for customers in Japan, making it easy to complete purchases. Selecting this payment method enables instant purchase completion, without needing to register card details online. Bango technology ensures reliability, security and customer success when paying with carrier billing.

    Charging online payments to a phone bill is a widely-adopted payment method in Japan, where mobile usage is deeply embedded into business and culture. The Japanese market has pioneered carrier billing, offering it as a simple and secure payment method, enabling more consumers to purchase goods and services, online and in retail stores. It is a highly effective way to engage new customers and is popular with younger consumers.

    The payment method opened-up to purchase goods on Amazon.co.jp at the start of June, greatly increasing the range of products that can be charged to the phone bill by KDDI and NTT DOCOMO customers, who cover around 75% of all mobile subscribers in Japan (Telecommunications Carriers Association, Japan, 2016).

    “Internet usage in Japan is mobile-first, with billions of dollars in online purchases charged to Japanese consumers’ phone bills,” said Ray Anderson, Bango CEO. “The Bango Platform ensures global retailers can offer these customers the trust and transparency they want from a payment method, and can deliver this at scale.”

    To use this payment option, a KDDI or NTT DOCOMO subscriber simply adds carrier billing as a payment option in their Amazon.co.jp account and then purchases can be made from any device, with the cost charged to their post-paid phone bill.

  • Japan’s cellcos to invest over $45.5b in 5G

    Japan’s cellcos to invest over $45.5b in 5G

    Japan’s three major mobile operators plan to invest a combined 5 trillion yen ($45.5 billion) towards deploying 5G services nationwide, with NTT DoCoMo targeting nationwide coverage by as early as 2023.

    The Nikkei Asian Review reports that DoCoMo, KDDI and Softbank all plan to spend heavily on the commercialization of 5G, and are expected to work together on deployment to expedite the process.

    The report states that DoCoMo parent NTT has proposed to share 5G base stations with Softbank and KDDI to reduce the costs of a rollout. The two rivals are expected to agree, and particularly favor infrastructure sharing in urban areas.

    Meanwhile the three operators have a long-standing target of commercializing 5G in parts of Tokyo in time for the 2020 Tokyo Olympics and Paralympics. The operators also plan to start investing in 5G base station and related equipment as early as the 2019 financial year.

    The report notes that DoCoMo, KDDI and Softbank together spent over 6 trillion yen deploying 4G networks, but that the cost of the 5G migration will be less because some existing 4G base stations can be converted to 5G.

    The aggressive approach to rolling out 5G is reportedly motivated by slowing subscriber growth and growing competition from low-cost carriers.

  • YouAppi Strengthens Presence in Japan

    YouAppi Strengthens Presence in Japan

    YouAppi, a leading mobile growth marketing platform for premium mobile brands, today announced an integration with leading Supply Side Platforms for smartphone applications and web (SSPs) Ad Generation (Supership Inc.) and Geniee SSP (Geniee, Inc.). These leading Southeast Asian solutions serve publishers and digital marketers in Japan, Indonesia, Vietnam, Singapore, Thailand, and Malaysia.

    Initially, these partnerships will focus on Japanese inventory to support the growing needs of YouAppi’s recently announced Japanese office. Ultimately, these partnerships will also provide inventory for YouAppi’s global customers in Indonesia, Vietnam, Singapore, Thailand, and Malaysia.

    “By integrating with premium and respected SSPs including Ad Generation and Geniee SSP, YouAppi Japan will be able to offer our clients, both global and Japanese, better, more accurately targeted Japanese traffic,” said Yoshie Nakabayashi, the Country Manager for YouAppi Japan. “Following last year’s investment from Asian and Japanese investors, this announcement is the first in a series of partnerships from YouAppi Japan, which will establish YouAppi as a leading mobile growth solution in Japan.”

    Ad Generation and Geniee SSP will provide inventory for YouAppi clients interested in targeting Japan and Southeast Asia. These partnerships enable real-time optimization, maximization of fill rates to prevent inventory shortages, and monetization via a broad range of ad units across apps and via the mobile web.

    “We’re excited to be partnering with a pre-eminent mobile marketing solution like YouAppi,” said Mr. Yusuke Ono, Manager at Ad Technology Center/Advertising Business Unit, Supership Inc.

    “By partnering with a company that uses its proprietary technology based on AI and big data analysis, we will be able to maximize the revenue of publishers who are using Ad Generation.”

     

    Brand marketers seeking to acquire new users for their apps (or re-engage inactive users) will profit from a direct supply of traffic from Japan and other key Southeast Asian countries with global reach supporting a wide range of ad units, including rewarded videos and video interstitials. To ensure marketers acquire the right users at the optimal price, YouAppi’s optimizes performance based on Post-Install Events – the actions deemed valuable by the marketer that are taken after users install an app. This proprietary matching and predictive technology has been the cornerstone of YouAppi’s OneRun platform since the company’s founding.

    “These integrations with Ad Generation and Geniee SSP are the first of several announcements that will strengthen YouAppi’s offering for Southeast Asian clients as well as global marketers interested in targeting Southeast Asian users,” said Moshe Vaknin, CEO & co-founder, YouAppi. ”We announced our commitment to Asia with last year’s funding announcement and we’ll strengthen our presence in Southeast Asia by announcing new offices and more partnerships to support the strong growth YouAppi is experiencing in Asia.”

    By improving the mobile experience for publishers and marketers in Japan and Southeast Asia, YouAppi is experiencing strong global revenue growth driven by the company’s proprietary technology and OneRun platform. Proof of the company’s success can be found in the 16,600 campaigns for 470 leading advertisers via 115 billion monthly impressions served around the world over the last four years. YouAppi’s OneRun Platform offers one single point to streamline mobile media buying, combining the power of machine learning with the company’s proprietary predictive algorithms, which analyze over 250 terabytes of data every day.

  • Toyota working on ‘flying car’, Lexus luxury ‘yacht’

    Toyota working on ‘flying car’, Lexus luxury ‘yacht’

    A startup backed by the Japanese automaker has developed a test model that engineers hope will eventually develop into a tiny car with a driver who’ll be able to light the Olympic torch in the 2020 Tokyo games. For now, however, the project is a concoction of aluminum framing and eight propellers that barely gets off the ground and crashes after several seconds.

    Toyota has invested 42.5 million yen ($386,000) in startup Cartivator Resource Management to work on ” Sky Drive .” At a test flight Saturday in the city where the automaker is based, the gadgetry, about the size of a car and loaded with batteries and sensors, blew up a lot of sand and made a lot of noise.

    It managed to get up as high as eye level for several seconds before tilting and falling to the ground. Basketballs attached to its bottom served as cushions. After several attempts, the endeavor had to be canceled after one of the covers got detached from the frame and broke, damaging the propellers.

    The goal of Cartivator’s is to deliver a seamless transition from driving to flight, like the world of “Back to the Future,” said the project’s leader Tsubasa Nakamura.

    “I always loved planes and cars. And my longtime dream was to have a personal vehicle that can fly and go many places,” he told.

    The group is now working on a better design with the money from Toyota with the plan to have the first manned flight in 2019. No one has ridden on Sky Drive yet, or any drone, as that would be too dangerous.

    Still, dabbling in businesses other than cars is Toyota’s trademark. In recent years, it has been aggressively venturing into robotics and artificial intelligence, investing a billion dollars in a research and development company in Silicon Valley. It’s also working in Japan on using robotics to help the sick walk. It also just announced a five-year $35 million investment in its research center in Ann Arbor, Michigan, for autonomous and connected vehicle technologies.

    The idea that each generation must take up challenges is part of Toyota’s roots, said auto analyst Takaki Nakanishi.

    President Akio Toyoda’s great-grandfather Sakichi Toyoda started out developing the loom and then its automated improvements from the 1890s, before the company became an automaker. More recently, Toyota sees software and services as central to the auto industry, as cars become connected, start driving themselves and turn into lifestyle digital tools, Nakanishi said.

    As Toyota gets into the business of ecological vehicles, such as hybrids, electric cars and fuel cells, it’s turning into an energy company as well.

    “Toyota’s business is centered on mobility, anything that moves, including people, things, money, information, energy,” said Nakanishi.

    Toyota is traveling not only in the skies but also to the waters, although that still remains a tiny part of its sprawling empire.

    Toyota’s boat operations began in 1997. Toyota now offers four models and has sold a cumulative 845 boats. In contrast, Toyota sells about 10 million vehicles a year around the world.

    Reporters recently got a ride in Tokyo Bay of a Lexus luxury concept “yacht,” which runs on two gas engines. With a streamlined curvaceous design, inspired by a dolphin and evocative of a Lexus car, it’s being promised as a commercial product in the next few years.

    Designed for executives zipping through resort waters, it comes with fantasy-evoking features, like an anchor pulled in by a chain into a tiny door in the bow, which opens then closes mechanically.

    The engine, shiny like a chrome sculpture, is visible beneath the sheer floor surface. Shigeki Tomoyama, the executive in charge, said the boat was going for “a liberating effect.” A price was not given. Many Americans have already expressed interest, according to Toyota.

    The project started about two years ago under direct orders from Toyoda, who has with Tomoyama spearheaded Toyota’s Gazoo internet business, another non-auto business for Toyota.

    “He asked us to create a space that can work as a secret hiding place in the middle of the ocean,” Tomoyama said. “We went for the wow factor, which requires no words.”

  • LINE starts to attract luxury brands in Japan

    LINE starts to attract luxury brands in Japan

    While Japanese social media consumption patterns are similar to those in the United States with significant popularity of Facebook, Twitter, and YouTube, one local platform dominates all of them: LINE.

    Originally popularized as a phone replacement when telecommunications infrastructure was damaged by the Tōhoku earthquake in 2011, the mobile messaging app is used by 77% of all smartphone users in Japan—making LINE the top social media channel in the Japanese market by a wide margin, with a higher adoption rate by smartphone users than YouTube (55%), Facebook (41%), Twitter (30%), and Instagram (19%).

    In spite of LINE’s popularity, brands have been resistant to launch official accounts on the app due to the high cost of setting one up. The official account allows a brand to launch its own collection of the immensely popular LINE stickers and have larger numbers of followers than a small business LINE@ account, but costs at least $25,000 a month with price increases for a higher fan base and greater frequency of messaging. International fashion brands have been especially reluctant to join, with an adoption rate of only 32% among Index brands in the Luxury Fashion category as of May 2017.

    There are signs that the luxury industry is taking more interest in the platform in 2017, as several major fashion labels have flocked to the app this year. LVMH brands Louis Vuitton, Fendi, and Dior launched official LINE accounts at the beginning of the year, and were joined by Prada in February.

    As these new brands launch on the platform, they’re forcing early adopters including Coach, Michael Kors, and Burberry to step up their game to keep up with luxury marketing innovations. In the months since its January launch, Louis Vuitton has surged ahead of competitors, generating 237% more interactions per post in April than the Index Luxury brand average, despite a lower follower base. Its engagement was boosted by offering exclusive LINE wallpapers, including a set of wallpapers inspired by its Cruise 2018 fashion show in Kyoto as well as a promotion offering a wallpaper download to followers who visited its official message menu eight days in a row.Luxury Japan Line News - Retail in Asia

    Fendi is also investing in LINE with a strategy that understands the role of LINE as a closed one-to-one communication tool, where users expect brands to behave more like their friends and less like advertisers. The brand used chatbots to reveal exclusive celebrity content when users message a designated keyword, and utilized gamification for a virtual slot machine that offered the chance to win an original Fendi USB flash memory stick.

    Fendi News - Retail in Asia

    In addition to keeping up with competitors, brands should also monitor LINE’s growing list of services as additional opportunities to differentiate. Like China’s WeChat, LINE is expanding its functions in an attempt to become an operating system within itself. Its payment service LINE Pay now boasts 30 million users, while it also offers features such as livestreaming and social games. LINE launched LINE Business Connect in 2016, which allows brands to sync their customer databases and run one-to-one marketing campaigns.

    LINE also recently announced that early this summer, it will release a Siri-like AI digital assistant called Clova that will be available through its new Wave speaker, which is similar to the Amazon Echo. Unlike the social platforms focused on viral campaigns, LINE offers a wide range of opportunities to brands to implement valuable CRM, payment, and personal communications strategies to resonate with shoppers in Japan.

    source: L2

  • Japan’s 7-Eleven set to clock in for Vietnam debut in June

    Japan’s 7-Eleven set to clock in for Vietnam debut in June

    The convenience store chain reportedly plans to open 100 stores in Vietnam in the next three years. Seven & i Holdings, which operates Japan’s biggest convenience store chain 7-Eleven, will open its first outlet in Ho Chi Minh City this month, according to information on the company’s official Facebook page.

    A recent post said the first 7-Eleven store in Vietnam could be opened in downtown District 1, District 3 or Binh Thanh. District 2, a popular neighborhood among foreigners and expats, is also a possible location, it said.

    The company has been hiring staff for its Vietnamese entry since early this year, around a year after its U.S. subsidiary signed a license agreement with Seven System Vietnam, a new firm founded by a Vietnamese restaurant chain.

    Seven & i Holdings plans to apply its home business model in Vietnam, and Japanese employees will be dispatched to help local staff develop products like ready meals, and to choose store locations and develop a distribution network.

    The company, which operates more than 61,500 7-Eleven outlets including more than half outside Japan, has opened stores in Indonesia, Malaysia, the Philippines, Singapore and Thailand.

    The chain’s expansion comes as its rival FamilyMart, Japan’s second largest convenience store chain, said last month that it plans to stay focused on the domestic market after reporting losses in Vietnam and other Southeast Asian markets, including Indonesia and Thailand.

    “We cannot continue to pour in more resources,” company president Koji Takayanagi told. FamilyMart first arrived in Vietnam in 2010 but was forced to withdraw before returning in July 2013. It had 150 stores at the end of last year.

    7-Eleven’s launch is expected to add heat to Vietnam’s retail market, which is listed in the top five in Southeast Asia and ranked 11th globally in terms of growth rate, according to the A.T. Kearny 2016 Global Retail Development Index.

    Vietnam’s trade ministry has projected the market to hit $179 billion by 2020, a jump of 52 percent from last year, with foreign convenience store operators already holding a 70-percent market share.

    The sector has a lot room to grow in Vietnam, where more than half of a population of nearly 92 million are young and the annual average income is expected to increase rapidly, the ministry said.

  • Toyota sells all shares in Tesla as their tie-up ends

    Toyota sells all shares in Tesla as their tie-up ends

    Toyota Motor Corp said on Saturday it had sold all shares in Tesla Inc by the end of 2016, having canceled its tie-up with the U.S. luxury automaker to jointly develop electric vehicles.

    Japan’s biggest automaker had bought around a 3 percent stake in the Palo Alto-based automaker for $50 million.

    Toyota spokesman Ryo Sakai said the company had sold all of its shares in Tesla as of the end of 2016, part of a regular, periodic review of its investments, after it had initially sold down a portion in 2014.

    “Our development partnership with Tesla ended a while ago, and since there has not been any new developments on that front, we decided it was time to sell the remaining stake,” he said.

    In November, the Japanese automaker appointed its president to lead their newly-formed electric car division, flagging its commitment to develop a technology that it has been slow to embrace.

    The department comprises a new in-house unit to plan Toyota’s strategy to develop and market electric cars as part of the company’s efforts to keep pace with tightening global emissions regulations.

  • $14b Intelsat-OneWeb merger falls through

    $14b Intelsat-OneWeb merger falls through

    Satellite operator Intelsat has warned it expects its planned $14 billion merger with SoftBank-backed OneWeb to fall through.

    Debt-land Intelsat disclosed it has failed to get enough of its creditors to accept the deal, which would have required debt investors to accept less than the value of their holdings.

    The terms of the deal were worth approximately $2.85 billion less than the total face value of the debt investments.

    SoftBank CEO Masayoshi Son had planned to combine the two satellite operators to create a global network of satellites capable of providing internet access worldwide. SoftBank had intended to take a 39.9% share in the combined company for around $1.7 billion.

    With the deal likely to fail, Intelsat has terminated a series of debt swap offers associated with the planned merger.

    According to the report, Softbank has had negotiations with other satellite operators on potential replacement deals.

    The company said in a statement that it remains enthusiastic about OneWeb’s prospects as a standalone entity and plans to continue to work with the OneWeb management teams on alternative paths to growth.

  • Japan-Based Gecom Expands Production

    Japan-Based Gecom Expands Production

    GECOM, a manufacturer of automotive door locking components, plans to expand its operations in Greensburg, Indiana. The company plans to create up to 30 new jobs by 2019.

    The company, which is a subsidiary of Japan-based Mitsui Kinzoku ACT, will invest $26.29 million into its only U.S. production facility, launching three new manufacturing lines at its 403,550-square-foot plant at 1025 Barachel Lane in Greensburg.

    “Greensburg, Indiana, was selected as a manufacturing location in 1987 based on the proximity to most of our customers. The point remains true today,” said Jeff Wright, vice president and chief compliance officer at GECOM. “Our customers appreciate seeing GECOM’s commitment to stay in Indiana and the benefits it provides them. Additionally, the local Hoosier workforce is dedicated to GECOM’s success and work hard to maintain our reputation of quality automotive products at a competitive price. We look forward to this new business opportunity as we continue to support our local community.”

    With construction currently underway, the company plans for the first of its new lines to be operational later this year, with the remaining two lines starting production in 2019. With its new capacity, the company will boost production of slide door locks for Honda and Chrysler and hood latches for Nissan, Toyota and Subaru.

    As an incentive, the Indiana Economic Development Corporation offered GECOM Corporation up to $280,000 in conditional tax credits based on the company’s job creation plans. These incentives are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The city of Greensburg approved additional incentives at the request of the Greensburg-Decatur County Economic Development Corporation.

    GECOM currently employs 900 associates in Greensburg as part of its global network of more than 6,300 employees. The company is currently hiring, and plans to add 10 new research and development positions and 20 new production positions as part of its growth.

    “With companies like Japan-based GECOM continuing to expand in our state, there’s a reason why Indiana is adding manufacturing jobs at the second-fastest rate in the nation,” said Jim Schellinger, Indiana Secretary of Commerce. “Indiana’s automotive suppliers are operating in the center of a global economy. We have companies choosing to come to Indiana from around the world, locating here because of our state’s business-friendly environment, low taxes and outstanding workforce.”

    “We are excited for GECOM in this expansion,” said Greensburg Mayor Dan Manus. “GECOM has been in Greensburg now for 30 years and to have a company continue to grow and expand after that amount of time is a very positive thing for our community. We truly appreciate our GECOM family and what they do for our community and we will continue to support them in this expansion and any future expansions.”

  • Los Angeles’ Dita opens second store in Tokyo

    Los Angeles’ Dita opens second store in Tokyo

    Los Angeles eyewear brand Dita has opened its latest Tokyo store this week, marking its second Japanese and global location.

    Located in the capital’s Minami Aoyama 5-chome, the Dita store covers 69 square metres andrepresents Dita’s latest retail concept, combining “the focus of a design showroom with the attentive service of an optical laboratory,” according to the company.

    Dita stores have been conceptualised by Mandi and Mehdi Rafaty of West Hollywood’s Tag Front. Italian stone mingles with plated aluminium, for a contemporary simplicity known to the America design dup. The Aoyama store also boasts a window on the south-facing facade extending from the floor to the ceiling.

    “We focused on materials and techniques that combine the warmth of turn-of-the-century design movements, like the Vienna Secession, rendered with contemporary technology and materials,” Dustin Edward Arnold, creative director of Dita Group, said in a statement.

    As well as Dita’s premium sunglasses, the store offers a range of technical services as part of its specialised ‘Dita Lab,’ including the provision of lens and frame prescriptions. Collections from Thom Browne Eyewear and Christian Roth, which Dita acquired last year, will also be on sale.

    Dita first entered the international retail space with a store opening in Daikanyama, Tokyo, in 2003.

  • Vietnam’s demand for cool air attracts Japanese investors

    Vietnam’s demand for cool air attracts Japanese investors

    Japanese air conditioner manufacturers are set to expand in Vietnam, touting their high-quality products and appeal to the country’s growing urban middle class.

    Leading Japanese electronics corporation Panasonic is ready to manufacture air conditioners in Vietnam, where it already has a consumer electronics factory. Panasonic’s plans to ramp up its air conditioner business in Southeast Asia, where rising incomes are fuelling demand.

    Panasonic Vietnam said in a statement that its investment scale and timing schedule are not finalised at the moment, but will be completed soon.

    Panasonic looks to earn $6 billion from global air conditioning sales by March 2019. The Japanese market will account for 40 per cent of this however.

    Vietnam is the second biggest market for air conditioners in Asia, after Indonesia.

    Another big name in air conditioning, Daikin, received an investment certificate last year for the $100 million project in Thang Long II Industrial Park.

    Ly Thi Phuong Trang, a representative from Daikin Air Conditioning Vietnam JSC, said the project is on track and expected to see operation in April 2018, with a capacity of 500,000 units per year.

    Japanese firms like Daikin and Mitsubishi chose Vietnam for their new plants because nearly all Daikin and Mitsubishi air conditioners in Vietnam are currently imported from Thailand, where their production facilities have been operating at full capacity.

    Vietnam’s infrastructure development coupled with increasing investment in the industrial and commercial sectors are responsible for the higher demand for air conditioners in the country. The development of major cities, growing construction activities in the hospitality and tourism sectors, and growing government investment are expected to propel demand for air conditioners in Vietnam to even greater heights.

    In residential areas, split system air conditioners are popular, as one unit can service multiple residences.

    A report released by the Japan Refrigeration and Air Conditioning Industry Association (JRAIA) on the demand for air conditioners in major countries around the world also said that the demand for both residential and commercial air conditioners is rising sharply in Vietnam.

    Some of the leading air conditioner manufacturers operating in Vietnam include LG Electronics, Gree, Samsung, Midea, Hitachi, Toshiba, Nagakawa, Mitsubishi, and Carrier.

    Last year, Samsung Vina Electronics Co., Ltd. said “Fifty percent of air conditioners sold globally are split system air conditioners. The total value of the segment is worth $74 billion. Vietnam is a very promising market for this segment, which has seen many advanced technological developments recently.”

    Seven years ago, Mitsubishi Electric Corporation established a Vietnamese company to co-ordinate sales of air conditioning systems, home appliances, and automated products.

    The Japanese company has primarily conducted sales in Vietnam indirectly through distributors, and has only recently shifted to direct sales.

    “Due to Vietnam’s remarkable growth prospects, Mitsubishi Electric is now classifying the country as a priority market, and has decided to establish a local company to co-ordinate sales,” the manufacturer said in its announcement.

    While competition for greater market share is stiff, some countries in the region are moving to tighten environmental regulations. Vietnam has also raised awareness of energy consumption standards for air conditioners. The move could be a boon for Japanese air conditioner manufactures who already have competitive energy-saving technologies on the shelves.

  • The flagship of LG will go on OLED screens

    The flagship of LG will go on OLED screens

    LG has decided to equip all its top smartphones screens based on the matrix OLED, which will provide the best color reproduction compared to IPS and a reduced level of energy consumption.

    The first devices with such displays will go on sale just in the second half of this year. Reportedly, the first smartphone from LG with OLED screen your own production will be the new V30, a descendant depicted in the rendering V20. Here it should be noted that the display on this particular unit is just two is already the specifics of the series, an open model V10 a couple years ago. The goal of LG is understandable: it is necessary not just to keep up with Apple and Samsung, not only to nip at their heels, and to keep pace with them or, better yet, to overtake them at every turn.

    It should be noted that LG already has experience in the production of smartphones with OLED screen — in 2013, when only-only began to emerge in the segment of mobile phones with curved screens, the world was shown a very stylish LG G Flex the shape of a letter “C”. Alas, the model was not accepted due to high prices and the inertia of users, but after four years, screens of irregular shape, began to interest consumers, and LG intends to be a trend.

  • Colt optimizes routes between Tokyo, Chicago exchanges

    Colt optimizes routes between Tokyo, Chicago exchanges

    Colt Technology Services has launched newly optimized low-latency network routes linking stock exchanges in Tokyo and the Chicago Mercantile Exchange.

    The enhancements aim to benefit traders in Chicago who require fast connectivity to Tokyo, or exchange venues in Tokyo that require low-latency connectivity to Chicago.

    Connectivity will be provided through the company’s private Ethernet-based Colt IQ Network. Latency between Tokyo and Chicago is expected to reach a mere 121.07ms between each endpoint after network optimization.

    Exchange venues across the globe will be able to utilize Colt’s ultra-low-latency network that links financial markets in Japan and America. Enterprises in other industries that require leased bandwidth, advanced security, and low-latency Ethernet services are also expected to benefit from these optimizations.

    Bandwidth is selectable from a range of 1Mbps to 10Gbps, and offers optional protection and redundancy.

    Colt has also commenced optimization of other key routes in the Asia-Pacific region.

    The company said its network is configured to be fully redundant, from the infrastructure and backbone to the local loop. Point-to-Point, Point-to-Multipoint, and Multipoint-to-Multipoint topology options are available. Colt’s services are based on MEF9 and MEF14.