I-BytesTechnology Industry

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I-Bytes
Technology
August Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................24
3. Rewards and Recognition Updates..................................................................................................................68
4. Customer Success..............................................................................................................................................75
5. Partnership Ecosystem Updates......................................................................................................................78
6. Miscellaneous Updates.....................................................................................................................................89

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Financial, M & A
Technology Industry

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Financial, M&A Updates
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Analog Devices (USA) Acquires HDMI Business from INVECAS, Expanding High
Performance Audiovisual Capabilities
Analog Devices, Inc. announced that it has acquired the High Definition Multimedia
Interface business of INVECAS, a Santa Clara based company specializing in
embedded software and system level solutions. This addition will provide ADI with
complete audio and video solutions to meet the growing needs of enterprise and
consumer markets. Financial terms of the transaction were not disclosed.Through
this acquisition, ADI will also increase the company’s role in the standards body
representing HDMI – which helps shape the future of all HDMI connected
technologies, such as HDMI 2.1 feature sets and lower power consumption. In
addition, ADI will incorporate certification and compliance capabilities, ensuring
support for customers throughout their HDMI development cycles, from concept to
pre-compliance and release. As the industry continues to grow and HDMI 2.1 is
rolled out, applications such as 8K and 10K video, enhanced audio return, variable
refresh rate and more will become commonplace. Additionally, this will allow for
greater adoption of these technologies, with ADI expanding offerings to a wider
audience with broader feature sets and lower power consumption.
Executive Commentary
“HDMI technology is in high demand for business, professional, consumer and
automotive video applications, said Senior Vice President, Industrial and
Consumer at Analog Devices. The acquisition of INVECAS’ HDMI business
positions ADI to deliver more complete solutions throughout the entire customer
journey – from chip, to certification, to end product. We are thrilled to enhance
ADI’s capabilities with the addition of this group’s expertise.”
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Apple (USA) Reports Third Quarter Results
Highlights
• Revenue of $59.7 billion, an increase of 11 percent from the year-ago
quarter,
• Quarterly earnings per diluted share of $2.58, up 18 percent.
• International sales accounted for 60 percent of the quarter’s revenue.
• Apple’s Board of Directors has declared a cash dividend of $0.82 per share
of the Company’s common stock.
“Apple’s record June quarter was driven by double-digit growth in both
Products and Services and growth in each of our geographic segments,
said Apple’s CEO. In uncertain times, this performance is a testament to
the important role our products play in our customers’ lives and to Apple’s
relentless innovation. This is a challenging moment for our communities,
and, from Apple’s new $100 million Racial Equity and Justice Initiative to
a new commitment to be carbon neutral by 2030, we’re living the principle
that what we make and do should create opportunity and leave the world
better than we found it.”
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Key Financial Highlights

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Applied Materials (USA) Announces Third Quarter 2020 Results
Third Quarter Results
• Applied generated revenue of $4.40 billion. On a GAAP basis, the company
recorded gross margin of 44.5 percent,
• operating income of $1.11 billion or 25.2 percent of net sales, and earnings
per share (EPS) of $0.91.
• On a non-GAAP adjusted basis, the company reported gross margin of 45.0
percent
• Operating income of $1.16 billion or 26.4 percent of net sales, and EPS of
$1.06.
• The company returned $402 million to shareholders including $200 million
in share repurchases and dividends of $202 million.
“Thanks to the hard work and agility of our employees and suppliers,
Applied Materials is operating at pre-COVID levels of productivity and
delivering outstanding financial results, said President and CEO. By
addressing our customers’ highest value problems, applied is
outperforming today and is positioned to grow faster than our markets over
the next several years.”
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Arista Networks, Inc. (USA) Reports Second Quarter 2020 Financial Results
Second Quarter Financial Highlights
• Revenue of $540.6 million, an increase of 3.4% compared to the first quarter
of 2020, and a decrease of 11.1% from the second quarter of 2019.
• GAAP gross margin of 63.7%, compared to GAAP gross margin of 64.7% in
the first quarter of 2020 and 64.1% in the second quarter of 2019.
• Non-GAAP gross margin of 64.7%, compared to non-GAAP gross margin of
65.6% in the first quarter of 2020 and 64.7% in the second quarter of 2019.
• GAAP net income of $144.8 million, or $1.83 per diluted share, compared to
GAAP net income of $189.3 million, or $2.33 per diluted share in the second
quarter of 2019.
• Non-GAAP net income of $167.0 million, or $2.11 per diluted share,
compared to non-GAAP net income of $198.6 million, or $2.44 per diluted
share in the second quarter of 2019.
"I am definitely pleased with our quarterly performance and proud of the
tenacity shown by the Arista team in the face of the challenging pandemic
era we live in,stated President & CEO of Arista Networks. "Arista's market
position has been reinforced as we were placed in the leader’s category by
two renowned market analyst firms."
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Arrow Electronics (USA) Reports Second-Quarter 2020 Results
Highlights
• Sales of $6.61 billion, a decrease of 10 percent from sales of $7.34 billion in the
second quarter of 2019. Second-quarter sales, as adjusted, decreased 8 percent year
over year.
• Second-quarter net income of $133 million, or $1.68 per share on a diluted basis,
compared with a net loss of $(549) million, or $(6.48) per share on a diluted basis, in
the second quarter of 2019.
• Excluding certain items, net income, as adjusted, was $126 million, or $1.59 per
share on a diluted basis, in the second quarter of 2020, compared with net income, as
adjusted, of $137 million, or $1.60 per share on a diluted basis, in the second quarter of
2019.
• Global components second-quarter sales of $4.72 billion decreased 10 percent year
over year. Sales, as adjusted, decreased 8 percent year over year. Asia-Pacific
components sales increased 7 percent year over year.
• Europe components sales decreased 21 percent year over year. Sales in the region, as
adjusted, decreased 18 percent year over year. Americas components sales decreased
21 percent year over year. Sales in the region, as adjusted, decreased 18 percent year
over year.
• Global components second-quarter operating income was $182 million.
Second-quarter operating income, as adjusted, was $177 million.
• Global enterprise computing solutions second-quarter operating income was $73
million. Second-quarter operating income, as adjusted, was $80 million.
“Arrow has again proven to be a source of reliability and stability for suppliers and
customers amidst supply chain disruptions and an uncertain economic backdrop.
Our efforts to expand our engineering and design expertise both prior to and during
the COVID-19 pandemic are helping customers quickly get back to business, said
Chairman, president, and chief executive officer. “In turn, our vital position in the
technology ecosystem, and our ever-expanding capabilities drove results above our
expectations.”
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Autodesk (USA) to Acquire AI-Powered Construction Software Provider Pype
Autodesk, Inc. announced it has signed a definitive agreement to acquire Pype, a
provider of cloud-based solutions for automating construction project management
workflows. The acquisition will empower general contractors, subcontractors and
owners to gain even more value from Autodesk Construction Cloud by automating
critical construction workflows such as submittals and closeouts to increase
productivity and mitigate project risk.Pype’s suite of software reduces tedious
manual entry and human error that can lead to rework, cost overruns and schedule
delays on construction projects. The company’s technology leverages artificial
intelligence and machine learning to automatically analyze and extract critical
construction data such as project plans and specifications to be used throughout the
project lifecycle. By automating these traditional manual workflows and converting
real-time data into actionable insights, construction teams have the power to increase
collaboration and project efficiency. Pype customers include top general contractors
such as Barton Malow, JE Dunn, McCarthy, Mortenson and Skanska, among
others.Since 2017, Autodesk has invested in nine construction technology startups.
The company also acquired Assemble, BuildingConnected and PlanGrid; these three
acquisitions alone total more than $1.1 billion.
“I could not be more optimistic about the future of the building industry, saidCEO
of Autodesk. Even in challenging times such as those we are currently facing;
Autodesk remains focused on making the jobs of people who build easier. Pype’s
robust machine learning capabilities will empower Autodesk customers to
connect workflows across the building lifecycle in new ways and optimize their
businesses for long-term resiliency.”
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PBB (Germany) supports Catalyst Capital LLP in the acquisition of an office building
in Munich
PBB Deutsche Pfandbriefbank provided an investment loan facility of
around EUR 30mn to a real estate fund managed by Catalyst Capital LLP.
The fund has utilized the proceeds for the acquisition of the LEED Gold
certified office building “Arnulfstr. 199” in Munich. pbb acted as arranger
and sole lender under the facility.Arnulfstr. 199 is an office building located
in Munich’s Neuhausen-Nymphenburg district. The office space is fully let
to a very good tenant mix. The property was originally constructed in 1970
and was completely refurbished – including and, in accordance with, LEED
gold certification – in 2013/2014. It comprises a lettable area of approx.
10,713 m².
Head of International Clients, UK, CEE & USA at pbb Deutsche
Pfandbriefbank said: "We are very pleased to support Catalyst Capital
LLP across Europe and in this case with a German office acquisition.”
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PBB (Germany) provides acquisition financing for a modern logistics property in
Norway
PBB Deutsche Pfandbriefbank has provided an investment
facility of NOK 537 million to a long-term real estate fund
managed by Ness, Risan& Partners, an independent and
privately owned Norwegian investment firm with a strong
position in the Nordic real estate markets.The loan was
provided to support the acquisition of a modern logistics
facilitie with 58,000 sqm fully let on a new long lease to DSV,
the global transport and logistics provider. The property is
strategically located in the logistics hub in Vestby, just south
of Oslo, along the E6/E18 highway.
Head of Real Estate Finance Continental Europe West at
pbb Deutsche Pfandbriefbank, said: We are pleased to
support NRP as a longstanding client and their continued
growth in the Nordics. The newly constructed property is
perfectly located in a strategically important logistic hub
outside Oslo”.
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Flex (Singapore) reports first quarter fiscal 2021 results
First Quarter Fiscal Year 2021 Highlights:
• Net Sales: $5.2 billion
• GAAP Income Before Income Taxes: $67 million
• Adjusted Operating Income: $163 million
• GAAP Net Income: $52 million
• Adjusted Net Income: $116 million
• GAAP Earnings Per Share: $0.10
• Adjusted Earnings Per Share: $0.23
“The Flex team delivered strong results in Q1, overcoming the
challenges presented by the COVID-19 pandemic. Our ability
to deliver better than expected results, even in this difficult
environment, is a testament to our disciplined, world-class
execution, said Chief Executive Officer of Flex. We continue
to make progress on our long-term strategy which has been
validated during this dynamic time through our ability to focus
and scale to meet the needs of our diverse customer base.”
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Innolux Corporation (Taiwan) Reports Second Quarter 2020 Financial Results
Highlights
• Innolux Corporation announced its 2Q 2020 consolidated revenues of NT$ 66.9 billion, operating loss of NT$ 3.4billion, net loss of NT$ 4.8 billion
• Basic EPS of NT$ -0.49, depreciation & amortization of NT$ 8.9 billion and capital expenditure of NT$ 4.5 billion.In 2Q20, the Company shipped 7.41
million square meters of total panel, a decrease of 25.5% quarter-on-quarter. Blended area ASP for TFT-LCD panels averaged US$ 287 per square meter.
• Small and medium-sized panel revenues were NT$ 16.1 billion in 2Q20, an increase of 25.5% quarter-on-quarter.
• The Company shipped 772.0 thousand square meters of small and medium-sized panel during the second quarter of 2020, an increase of 32.4%
quarter-on-quarter.
• In 2Q20, in terms of product application, Mobile & CP, Mobile PC, Desktop, TV panels accounted for 33%, 23%, 13% and 31% of net sales, respectively.
• In terms of product size, 10-inch and below, 10-to-20-inch, 20-to-30-inch, 30-to-40-inch, 40-inch-and -above panels accounted for 25%, 28%, 15%, 6%,
and 26% of net sales, respectively.The QoQ revenue showed a leap of 32.7%. Meanwhile, due to panel price rebounded and cost control benefit.
• The gross margin turned positive to 2.8% and EBITDA margin achieved to 8.2% in 2Q20. The financial status and operation remained healthy.
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KLA Corporation Reports (USA) Fiscal 2020 Fourth Quarter Results
Highlights
• Quarterly revenue of $1.46 billion, GAAP EPS of $2.63 and non-GAAP
EPS of $2.73 each finished above the midpoint of guidance;
• Ending quarterly backlog was the second highest in history, following
record ending quarterly backlog in Q3-FY20;
• Record quarterly revenue in EPC businesses including Specialty
Semiconductor Process and PCB, Display and Component Inspection;
• KLA's Board of Directors has approved the 11th consecutive annual
dividend increases to $3.60 annually or $0.90 on a quarterly basis.
• KLA's dividend payout has grown at a CAGR of approximately 15%
since inception
"Thanks to the dedication, engagement and perseverance of our global
workforce, KLA delivered strong results in the June 2020 quarter, with
revenue and GAAP and non-GAAP EPS each finishing above the
mid-point of our guidance ranges, demonstrating strong demand from
customers, exceptional execution by our teams, and the enduring
strength and resiliency of our company under today's extraordinary
circumstances, commented President and CEO of KLA Corporation.
"KLA's performance in the June quarter once again highlights how the
KLA operating model and our long-term strategic objectives provide a
dependable framework to guide our execution and consistently deliver
on our commitments."
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Lam Research Corporation (USA) Reports Financial Results for The Quarter
Ended June 28, 2020
Highlights for the June 2020 quarter were as follows:
• Revenue of $2.79 billion.
• U.S. GAAP gross margin of 45.9%, U.S. GAAP operating income as a percentage of revenue of
27.1%, and U.S. GAAP diluted EPS of $4.73.
• Non-GAAP gross margin of 46.1%, non-GAAP operating income as a percentage of revenue of
28.5%, and non-GAAP diluted EPS of $4.78.
U.S. GAAP Financial Results
• For the June 2020 quarter, revenue was $2,792 million, gross margin was $1,280 million, or 45.9%
of revenue, operating expenses were $525 million, operating income was 27.1% of revenue
• net income was $697 million, or $4.73 per diluted share on a U.S. GAAP basis. This compares to
revenue of $2,504 million, gross margin of $1,167 million, or 46.6% of revenue
• operating expenses of $473 million, operating income of 27.7% of revenue, and net income of $575
million, or $3.88 per diluted share, for the quarter ended March 29, 2020.
Non-GAAP Financial Results
• For the June 2020 quarter, non-GAAP gross margin was $1,288 million, or 46.1% of revenue,
non-GAAP operating expenses were $493 million, non-GAAP operating income was 28.5% of
revenue
• non-GAAP net income was $704 million, or $4.78 per diluted share. This compares to non-GAAP
gross margin of $1,160 million, or 46.3% of revenue
• non-GAAP operating expenses of $486 million, non-GAAP operating income of 26.9% of revenue,
and non-GAAP net income of $590 million, or $3.98 per diluted share, for the March 2020 quarter.
“Lam delivered strong financial results in the June quarter despite tremendous global health,
macroeconomic, and geopolitical uncertainty,saidLam Research’s President and Chief Executive
Officer. This is a clear demonstration of our Company’s ability to adapt and execute in a period
of unprecedented challenges. With an outlook for continued industry growth, we are in an
excellent position to outperform as our investments in disruptive innovation and differentiated
customer support gain momentum.”
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LG Display (South Korea) Reports Second Quarter 2020 Results
Highlights
• Revenues in the second quarter of 2020 increased by 12% to KRW 5,307
billion from KRW 4,724 billion in the first quarter of 2020 and decreased by 1%
from KRW 5,353 billion in the second quarter of 2019.
• Operating loss in the second quarter of 2020 recorded KRW 517 billion. This
compares with the operating loss of KRW 362 billion in the first quarter of 2020
and the operating loss of KRW 369 billion in the second quarter of 2019.
• EBITDA in the second quarter of 2020 was KRW 413 billion, compared with
EBITDA of KRW 630 billion in the first quarter of 2020 and with EBITDA of
KRW 458 billion in the second quarter of 2019.
• Net loss in the second quarter of 2020 was KRW 504 billion, compared with
the net loss of KRW 199 billion in the first quarter of 2020 and the net loss of
KRW 550 billion in the second quarter of 2019.
• LG Display recorded 190% in the liability-to-equity ratio, 88% in the current
ratio, and 91% in the net debt-to-equity ratio as of June 30, 2020.
“Considering the prolonged COVID-19 pandemic, it is true that the
macroeconomic environment is still not favorable. However, we observe that
the worst is over,said CFO and Senior Vice President of LG Display. From the
latter half of this year, we will be able to gradually generate tangible results
from our three key strategic tasks that we’ve been pursuing such as
‘expanding the large-size OLED display business,’ ‘achieving P-OLED
turnaround,’ and ‘accelerating structural innovation of the LCD business’ by
focusing on high value-added products including IT panels.”
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Lg (South Korea) Announces Second-Quarter 2020 Financial Results
Highlights
• Consolidated revenue of KRW 12.83 trillion was 17.9 percent lower than the same period of 2019, while operating profit of KRW 495.4 billion declined 24.1 percent from last
year’s record second-quarter operating income.
• The LG Home Appliance & Air Solution Company reported revenues of KRW 5.16 trillion in the second quarter, down 15.5 percent from the second quarter of 2019, due to the
effect of softer global demand during the pandemic. Operating income of KRW 628 billion declined 12.5 percent year-on-year even though operating profit margin of 12.2 percent
was the highest second quarter in the history of the LG H&A Company. Looking ahead, the LG H&A Company is buoyed by increasing consumer interest in healthier living.
• The LG Home Entertainment Company’s second-quarter revenues and profitability were impacted by lockdown measures including closures of retail stores. Sales were KRW 2.26
trillion, a decline of 24.4 percent from the second quarter of 2019, and operating income of KRW 112.8 billionwas 25.9 percent lower. In addition to continuing to reduce material
costs, the LG HE Company is aggressively controlling marketing investments, increasing the proportion of premium TV products, expanding online sales and further optimizing
operating efficiencies to bring profitability in line with last year.
• The LG Mobile Communications Company posted second-quarter sales of KRW 1.31 trillion, a 31.1 percent increase from the first quarter. The significant improvement is due in
part to the beginning of markets opening after lockdown. The operating loss of KRW 206.5 billion narrowed compared to both the second quarter of 2019 and the first quarter of
2020 as a result of improved marketing efficiencies and greater cost controls. The global rollout of LG VELVET in the third quarter along with the launch of new attractively-priced
models are expected to create momentum for LG branded smartphones, growing both sales and profitability.
• The LG Vehicle Component Solutions Company recorded quarterly revenues of KRW 912.2 billion, a 40 percent decline from the same quarter last year, and an operating loss of
KRW 202.5 billion as a result of pandemic-related manufacturing shutdowns of global automakers. Demand for auto parts is expected to gradually recover as major automakers
resume operations.
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Olympus (Japan) announces acquisition of Arc Medical Design Limited from Norgine
B.V.
Olympus Corporation announced it has signed a definitive agreement
to acquire Arc Medical Design Limited, a subsidiary of Norgine B.V.
The acquisition underscores Olympus’ commitment to expanding its
offering in gastrointestinal therapeutic devices and the development of
advanced colonoscopy tools through M&A opportunities as well as
through R&D with the overarching goal of improving early detection
and treatment of colorectal cancer.Under the agreement Olympus will
acquire Arc Medical Design and obtain full rights to its suiteof
innovative medical products. Olympus will convert its current
exclusive distribution rights ofENDOCUFF VISION™ to a full
acquisition of the ENDOCUFF family of products, which alsoincludes
ENDOCUFF™, ENDOCUFF GLIDE™ and ENTEROCUFF™, as
well as WIDEEYE™ POLYTRAP and several products currently in
development.By acquiring Arc Medical Design, Olympus is assuming
worldwide responsibility for design,manufacturing, distribution and
business strategy for the product portfolio with an immediateeffect. It
will further enable the company to improve clinical outcomes, reduce
overall costs andenhance quality of life for patients.
“It is a great pleasure to announce our acquisition of Arc Medical
Design, saidVice President/General Manager of Global GI
EndoTherapy Business Unit atOlympus. “ENDOCUFF VISION
has been a pivotal tool in our EndoTherapy portfolio, and weare
delighted to expand our product portfolio to include the entire
ENDOCUFF family.”
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ON Semiconductor (USA) Reports Second Quarter 2020 Results
Highlights
• Revenue of $1,213.5 million
• GAAP and non-GAAP gross margin of 30.8 percent
• GAAP operating margin of 3.6 percent and non-GAAP operating margin of
7.4 percent
• GAAP diluted loss per share of $0.00 and non-GAAP diluted earnings per
share of $0.12
"Despite disruption from COVID-19 pandemic, we continue to make strong
progress towards our key strategic initiatives. To achieve our gross margin
target, we have accelerated the pace of manufacturing optimization. In
addition, we have made outstanding progress in ramp of our 300mm
manufacturing processes at East Fishkill fab with our 300mm wafer
production starting in the second quarter, significantly ahead of schedule.
With expected decline in COVID-19 related costs and ongoing recovery in
global macroeconomic activity, we expect to see sustained improvement in
our margins, said President and CEO of ON Semiconductor. Our design win
pipeline continues to expand rapidly with multiple strategic wins for our
power, analog and sensor products in automotive, industrial, and cloud-power
applications.”
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RELX (UK) Interim Results 2020
Highlights
• Revenue £3,501m (£3,888m) -10%: Our three largest business areas, STM, Risk & Business Analytics
and Legal, which together accounted for 84% of revenue and 87% of adjusted operating profit in full year
2019, reported combined first half revenue of £3,300m.
• The Exhibitions business, which accounted for 16% of revenue and 13% of adjusted operating profit in
full year 2019, was significantly impacted by COVID-19 in the first half of 2020, with revenue of £201m
(£684m). Given the extent of event postponements and cancellations, underlying measures are not
meaningful for Exhibitions, and hence not for the group as a whole
• Adjusted operating profit £939m (£1,240m) -24%: Our three largest business areas reported combined
first half adjusted operating profit of £1,056m (£1,009m) with all three delivering underlying growth.
Exhibitions moved into a loss for the first half of £117m.
• Reported operating profit £747m (£1,048m) -29%: Reported operating profit includes amortization of
acquired intangible assets of £164m (£147m) and acquisition-related costs of £26m.
• Interest and tax: Adjusted net interest expense was £81m (£97m) with the reduction reflecting lower
average interest rates on borrowings. The adjusted tax charge was £151m (£248m) giving an adjusted
effective tax rate of 17.6% (21.7%) with the lower tax rate in the period due to some one-off and historical
credits.
• Adjusted EPS 37.0p (45.9p) -19%
• Reported EPS 28.4p (39.9p) -29%: Reported EPS includes a credit for gains on disposals and other
non-operating items of £6m (£57m).
• Dividend: We have announced an interim dividend of 13.6p (13.6p), unchanged from the prior year.
• Net debt/EBITDA 3.2x (2.6x) including leases and pensions: Net debt, including leases, was £7.5bn
(£6.6bn) at 30 June 2020. Excluding leases and pensions, net debt/EBITDA was 2.8x (2.3x). The increase
in leverage ratios primarily reflects the impact of COVID-19 on Exhibitions in the first half.
• Portfolio development: In the first half of 2020 we completed seven acquisitions of content, data analytics
and exhibition assets for a total consideration of £720m, and disposed of a number of small assets for a total
of £12m.
Chief Executive Officer, commented:“Our first priority during the COVID-19 pandemic remains the
health and safety of our colleagues, our customers, and the wider community in which we operate,
whilst continuing to provide services to our customers.Our three largest business areas continued to
perform well in the first half, delivering good growth in electronic revenues with product and service
quality being maintained at high levels. Exhibitions has responded well to a challenging environment,
and remains focused on serving its customers throughout the COVID-19 pandemic and beyond. At the
peak of the pandemic nearly all of our offices were closed and 97% of our 33,000 employees in over
40 countries were working remotely. We have now opened nearly half of our offices, and around 50%
of our employees have the option to come into the office on a regular basis.”
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Skyworks (USA) Reports Q3 Fy20 Results
Highlights
• Delivers Revenue of $736.8 Million
• Posts GAAP Diluted EPS of $0.77;
• operating income for the third fiscal quarter of 2020 was $147.5 million with
diluted earnings per share of $0.77.
• On a non-GAAP basis, operating income was $230.3 million with non-GAAP
diluted earnings per share of $1.25.
• Non-GAAP Diluted EPS of $1.25
• Guides to Double-Digit Sequential Revenue and Earnings Growth in Q4 FY20
• Increases Quarterly Dividend by 14 Percent to $0.50 Per Share
Skyworks delivered results well above expectations in the June quarter, as our
Sky5® platform gains traction, powering innovation in 5G applications at the
leading mobile phone OEMs worldwide, and increasingly across our IoT
customers, said President and chief executive officer of Skyworks.At the cusp
of a multi-year upgrade cycle, we are capitalizing on early market momentum
and accelerating widespread 5G adoption. Our efforts are underpinned by
years of investment in next-generation technologies, uniquely positioning
Skyworks to deliver long-term profitable growth.”
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Spotify Technology (Sweden) S.A. Announces Financial Results for Second Quarter
2020
Highlights
• Total revenue of €1,889 million grew 13% Y/Y in Q2. Consolidated revenue was roughly in line with expectations. Premium revenue grew 17% Y/Y to €1,758
million, and performed in line with our forecast.
• Within Premium, average revenue per user of €4.41 in Q2 was down 9% Y/Y. The reduction in revenue resulting from the change in prior period estimates mentioned
above accounted for another 1% drag. Product mix was the dominant driver accounting for most of this decline.
• Gross Margin finished at 25.4% in Q2 which both exceeded our expectations and finished above the high end of our guidance range. Gross Margin in the quarter was
impacted by several “one-time” adjustments that when netted out, did benefit GM by 50 bps.
• Premium Gross Margin was 28.1% in Q2, down slightly from 28.3% in Q1, and up 60 bps Y/Y. Ad-Supported Gross Margin was (11.9) % in Q2, down from (6.6) %
in Q1 and down 2,478 bps Y/Y. As a reminder, we now account for all content costs related to podcast investment in the Ad-Supported business.
• Operating expenses totaled €646 million in Q2, an increase of 48% from Q2’19 and well above forecast. Core operating expenses grew slightly less than expected as
certain marketing expenditures have been pushed to later in the year.
• Total Free Cash Flow was €27 million in Q2, a €23 million decrease Y/Y principally related to an increase in net loss adjusted for non-cash items, partially offset by
favorable working capital movements and lower cash outflow for PP&E related to office build-outs. We maintain positive working capital dynamics overall and
continue to expect that we will deliver positive Free Cash Flow for the year.
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STMicroelectronics (Switzerland) Reports 2020 Second Quarter Financial
Results
Highlights
• Q2 net revenues $2.09 billion; gross margin 35.0%; operating margin 5.1%;
net income $90 million
• H1 net revenues $4.32 billion; gross margin 36.5%; operating margin 7.8%;
net income $282 million
• Business outlook at mid-point: Q3 net revenues $2.45 billion and gross
margin of 36.0%
• Gross profit totaled $730 million, representing a year-over-year decrease of
12.2%. Gross margin of 35.0% decreased
• Operating income decreased 45.8% to $106 million, compared to $196
million in the year-ago quarter. The Company’s
• operating margin decreased 390 basis points on a year-over-year basis to
5.1% of net revenues, compared to 9.0% in the2019 second quarter
• In the second quarter, the Company paid cash dividends totaling $37 million
and executed a $63 million share buy-back aspart of its previously announced
share repurchase program
STMicroelectronics President & CEO, commented: “During the second
quarter, we returned to normal operations, supporting our customers’
demand and continuing to ensure the health and safety of our employees.
Q2 net revenues decreased 6.5% sequentially. As expected, this was due to
the decline in Automotive, Analog and Imaging products, partially offset
by growth in Microcontrollers, Digital and Power Discrete. Second quarter
gross margin includes 310 basis points of unsaturation charges. The first
half of 2020 reflects year-over-year growth of 1.6%, driven by Analog,
Imaging and Microcontrollers partially offset by Automotive and Power
Discrete. Looking at the third quarter, we expect sequential revenue
growth of 17.4% at the mid-point. This growth will be driven by engaged
customer programs, new products and improved market conditions. Gross
margin is expected to be 36.0% at the mid-point, including about 200 basis
points of unsaturation charges.”
20

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STMicroelectronics (Switzerland) makes acquisitions to further strengthen the wireless
connectivity capabilities of STM32 microcontrollers
STMicroelectronics, a global semiconductor leader serving customers across the
spectrum of electronics applications, announced the signing of two M&A
agreements related to the acquisitions of the entire share capital of Ultra-Wide
Band specialist BeSpoon and of the cellular IoT connectivity assets of Riot Micro.
After closing of the two transactions, subject to customary regulatory approvals,
ST will further strengthen its offer for wireless connectivity and, in particular, the
roadmap for its STM32 microcontrollers and secure MCUs. BeSpoon, based in
Le Bourget du Lac, France, is a fabless semiconductor company founded in 2010
and specialized in Ultra-Wide Band communications technology. Their
technology enables secure real-time indoor location with centimeter accuracy in
environments under adverse conditions. The integration of this key secure
positioning technology in the STM32 product portfolio will enable developers of
IoT, automotive and mobile communication applications to provide services such
as secure access, and precise indoor & outdoor mapping. ST will acquire
BeSpoon from its majority shareholder, TRUMPF, and from its founders. In
parallel with the transaction, ST and TRUMPF will enter into a strategic
partnership for UWB tracking technology.
“At ST we work to offer our customers the products and solutions they need
in order to address their opportunities and challenges. Cellular IoT and UWB
technologies are key wireless connectivity solutions that will enable a next
wave of IoT connected objects and innovative applications, said President,
Microcontrollers and Digital ICs Group, at STMicroelectronics. “These
acquisitions complement ST’s existing wireless microcontroller offer which
includes Bluetooth 5.0 and IEEE 802.15.4 communication protocols as well
as the world’s first LoRa®-enabled System-on-Chip. Wireless
microcontrollers are part of our STM32 product offer of over 1000 different
devices and with over six billion parts shipped to customers. With these
acquisitions, we will address all wireless IoT communication protocols.”
Description
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TE Connectivity (Switzerland) announces third quarter results for fiscal
year 2020
Third Quarter Highlights
• Net sales were $2.5 billion, down 20% sequentially on a reported basis
and ahead of the 25% decline the company expected.
• Diluted earnings per share from continuing operations were a loss of
$0.18.
• Adjusted EPS were $0.59, exceeding the company's expectation.
• Cash flow from continuing operations was $380 million and free cash
flow was $280 million.
• Year-to-date cash flow from continuing operations was $1.3 billion, with
year-to-date free cash flow of $834 million.
• During the quarter the company returned $241 million to shareholders.
• Strong liquidity position with approximately $2 billion available.
"I'm pleased we delivered sales and adjusted earnings per share above
our expectations, despite the ongoing COVID-related impacts this
quarter, said TE Connectivity Chief Executive Officer. We continue to
prioritize the health and safety of our employees, who have done an
excellent job adapting and continuing to meet customer commitments
during this dynamic time. We believe the quarter we just ended is the
low point for our business, and we have seen improvements in orders
and we expect sequential revenue and margin improvement into our
fourth fiscal quarter. We are taking advantage of the current market
environment and leveraging the diversity of our portfolio and the key
technology trends to drive future content growth, while executing on
our global manufacturing strategy and accelerating cost reduction.
These actions position us well for the gradual recovery we expect to see
in market demand."
22

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Verisign (USA) Reports Second Quarter 2020 Results
Highlights
• Verisign ended the second quarter of 2020 with cash, cash equivalents and marketable
securities of $1.19 billion, a decrease of $23 million from the end of 2019.
• Cash flow from operating activities was $215 million for the second quarter of 2020,
compared to $165 million for the same quarter in 2019.
• Deferred revenues as of June 30, 2020 totaled $1.06 billion, an increase of $30 million
from the end of 2019.
• During the second quarter of 2020, Verisign repurchased 0.7 million shares of its common
stock for an aggregate cost of $150 million.
• As of June 30, 2020, there was $676 million remaining for future share repurchases under
the share repurchase program which has no expiration date.
• Verisign ended the second quarter of 2020 with 162.1 million .com and .netdomain name
registrations in the domain name base, a 3.8 percent increase from the end of the second
quarter of 2019, and a net increase of 1.41 million during the second quarter of 2020.
• During the second quarter of 2020, Verisign processed 11.1 million new domain name
registrations for .com and .net, compared to 10.3 million for the same quarter in 2019.
• The final .com and .net renewal rate for the first quarter of 2020 was 75.4 percent compared
with 75.0 percent for the same quarter in 2019. Renewal rates are not fully measurable until
45 days after the end of the quarter.
“For many people who are working from home and isolating at home, online services
are critical. More businesses and individuals than ever depend on internet infrastructure
for their livelihood. Commitment to our mission of maintaining our unparalleled record
of uninterrupted .com and .net DNS is our priority, said Executive Chairman and Chief
Executive Officer.
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Solutions Updates
Technology Industry

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New AMD Radeon™ Pro 5000 Series GPUs Bring Exceptional Graphics Performance
to Updated 27-inch iMac
24
Solution Description
AMD announced availability of new AMD Radeon™ Pro 5000 series GPUs for the updated 27-inch iMac. The new GPUs power a wide
variety of graphically intensive applications and workloads, unleashing creativity and productivity for consumer and professional users
alike.The new AMD Radeon Pro 5000 series GPUs are built on industry-leading 7nm process technology and advanced AMD RDNA™
graphics architecture. They feature up to 40 compute units and up to 16GB of high-speed GDDR6 memory while delivering up to 7.6
teraflops of single precision (FP32) computational performance.
Key capabilities and features of AMD Radeon Pro 5000 series GPUs include:
• Exceptional compute performance – Up to 7.6 TFLOPS of single-precision (FP32) floating point performance.
• GDDR6 memory – Up to 16GB of GDDR6 memory with 384 GB/s bandwidth provides ultra-fast transfer speeds to power
data-intensive pro applications.
• AMD RDNA architecture – AMD RDNA architecture was designed from the ground up for superior performance and power efficiency.
It is built on industry-leading 7nm FinFET process technology, providing up to 1.5X higher performance per watt compared to the
previous-generation graphics architecture.

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AMD (USA) Ryzen 4000 Series Desktop Processors with AMD Radeon Graphics Set to Deliver
Breakthrough Performance for Commercial and Consumer Desktop PCs
25
AMD announced the world’s first and most advanced 7nm x86 desktop processors with built-in graphics for consumer and commercial
PC markets2. The AMD Ryzen™ 4000 Series Desktop Processors with Radeon™ Graphics and the AMD Athlon™ 3000 Series Desktop
Processors with Radeon™ Graphics feature the most advanced processor core technology1 on the market combined with the best
graphics performance available in a desktop processor.The new AMD Ryzen™ 4000 G-Series Desktop Processors deliver impressive
generational leaps in performance3 and amazing power efficiency for consumers, gamers, streamers and creators. Built for modern
business PCs, AMD Ryzen 4000 Series Desktop Processors with PRO technologies offer enterprise-class solutions, advanced technology
and multi-layered security features. Ryzen 4000 Series Desktop Processors are built on the industry-leading 7nm process and “Zen 2”
core architecture, offering unmatched user experiences and power efficiency in the state-of-the art AMD socket AM4 platform.With
responsive performance and flawless visuals with Radeon graphics built-in, consumers can now enjoy enthusiast-level performance for
gaming and content creation in AMD Ryzen 4000 G-Series processor powered pre-built desktops without the need for a discrete graphics
card. Additionally, the new AMD Athlon™ 3000 G-Series Desktop Processors provide responsive performance and modern features for
entry-level PCs using the same “Zen” core architecture and built-in Radeon graphics as the high-performance AMD Ryzen Desktop
Processor family.

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Advanced Security Features of AMD EPYC™ (USA) Processors Enable New Google Cloud
Confidential Computing Portfolio
26
AMDand Google Cloud announced the beta availability of Confidential Virtual Machines for Google Compute Engine powered by 2nd Gen
AMD EPYC™ processors, taking advantage of the processors’ advanced security features.The first product in the Google Cloud Confidential
Computing portfolio, Confidential VMs, enables customers for the first time to encrypt data in-use while it is being processed and not just
when at rest and in-transit. Based on the N2D family of VMs for Google Compute Engine, Confidential VMs provide customers high
performance processing for the most demanding computational tasks and enable encryption for even the most sensitive data in the cloud while
it is being processed.
The Confidential VMs from Google provide:
• Real time encryption-in-use – Google Cloud customers can encrypt data-in-use, taking advantage of advanced security features offered by
the 2nd Gen AMD EPYC processor together with Confidential Computing cloud services, bringing a breakthrough in the level of cloud data
protection,
• Secure Encrypted Virtualization (SEV) – an advanced security feature available on AMD EPYC processors, which encrypts VM memory
using a dedicated per-VM key that is generated and managed by the embedded security processor,
• “Lift and Shift Confidentiality” – AMD and Google have simplified the use of Confidential Computing, making the transition to
Confidential VMs seamless as customers do not need to make any code changes to their applications to benefit from these VMs,
• High-performance VMs – Confidential VMs offer similar performance to Google N2D VMs, which are powered by high-performance 2nd
Gen AMD EPYC processors.

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AMD (USA) Announce World’s First 64-Core PRO Workstation, the Lenovo™ ThinkStation
™ P620, the Pinnacle of Performance for Modern Professionals
27
AMD announced the new AMD Ryzen Threadripper PRO Processor line-up, with up to 64 cores and unrivalled bandwidth3 built with
enterprise-grade AMD PRO technologies. Designed for professional workstations from OEMs and system integrators, AMD Ryzen
Threadripper PRO Processors uniquely offer full spectrum compute capabilities with unmatched core counts4 for multi-threaded
workloads plus high frequency single core performance for lightly threaded workloads. This combination makes AMD Ryzen
Threadripper PRO Processors the best choice for artists, architects, engineers and data scientists.The world’s first 64 core PRO
workstation system, powered by the Threadripper™ Pro 3995WX7, will be available from Lenovo this fall with its newest
ThinkStation P620, offering unprecedented levels of power, performance and flexibility in a single CPU chassis.Built for the most
demanding professional environments, AMD Ryzen Threadripper PRO Processors offer the power to render and edit in 8K, drive
complex visualizations and multifaceted simulations and rapidly process vast amounts of code to let professional users do more with
their time. With the unmatched performance of the Threadripper™ Pro 3995WX, even when compared with competing dual
processor systems, AMD Ryzen Threadripper PRO Processors redefine the workstation landscape.

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Agilent (USA) Introduces Solutions to Simplify Cannabis and Hemp Potency and Pesticide/-
Mycotoxin Testing
28
Agilent Technologies Inc.announced solutions for the fast-growing cannabis and hemp testing market. The new Agilent eMethods
product, as well as the Cannabis and Hemp Potency Kit and the Cannabis Pesticide and Mycotoxin Kit, offer testing labs simple and
effective solutions to help them get up and running quickly. Developing reliable testing protocols for complex matrices such as
cannabis and hemp is arduous and time-consuming, especially for newer laboratories. Agilent eMethods delivers downloadable
ready-to-run instrumental methods that establish reliable, efficient protocols with an end-to-end workflow that addresses the different
testing needs, and offers guidance on sample preparation, consumables, and supplies. eMethods also provides a complete analytical
system configuration for automation, sample introduction, separation, and detection, along with data processing and reporting
capabilities.The Cannabis and Hemp Potency Kit and the Cannabis Pesticide and Mycotoxin Kit assist labs by offering fast setup and
simplification of the analysis of the complex matrices involved with cannabis and hemp testing. These cannabis consumables kits
include all consumables required, as well as step-by-step instructions, enabling a complete and comprehensive workflow for potency
or pesticide/mycotoxin analysis. From sample preparation through to testing, these kits also help labs navigate different regulations
and stay up-to-date and compliant.

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Analog Devices (USA) Launches High Dynamic Range RF Transceiver for Challenging
Mission-Critical Communications Applications
29
Analog Devices, Inc. announced the first product in a new series of RF transceivers offering the highest dynamic range on the market
and suitable for myriad commercial and military applications. The high-performance ADRV9002 RF transceiver is ideal for
mission-critical communications applications— such as first responder radios, private Long-Term Evolution networks and satellite
communications— where size, weight and power are key design considerations. The RF transceiver is the latest addition to ADI’s
award-winning RadioVerse™ design and ecosystem.ADI’s RadioVerse includes tools, design resources, and support to accelerate
radio development timelines. The ecosystem includes rapid prototyping platforms, chip-level evaluation systems, reference designs,
simulation tools, and development kits. There is a resource of global network partners for design ideas and RF platforms, including
reference designs and solution modules. Technology resources include HDL and full-system level software reference designs on
GitHub, compatible FPGA development carriers, and chip-level evaluation systems.Analog Devices is a leading global
high-performance analog technology company dedicated to solving the toughest engineering challenges. They enable our customers
to interpret the world around us by intelligently bridging the physical and digital with unmatched technologies that sense, measure,
power, connect and interpret.

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Applied Materials (USA) Introduces New Sym3® Etch System for Advanced Memory and
Logic Chips
30
Applied Materials, Inc. announced a new addition to its highly successful Centris® Sym3® etch product family that now enables chipmakers
to precisely pattern and shape ever-smaller features in leading-edge memory and logic chips.The new Centris Sym3® Y is Applied’s most
advanced conductor etch system. It uses innovative RF pulsing technology to provide the extremely high materials selectivity, depth control
and profile control needed by customers to create densely packed, high-aspect-ratio structures in 3D NAND, DRAM and logic, including
FinFETs and emerging gate-all-around architectures.A unique technical feature of the Sym3 family is a high-conductance chamber
architecture that provides exceptional etch profile control by quickly and efficiently exhausting the etch byproducts that can accumulate with
each wafer pass. The Sym3 Y system extends the benefits of this successful architecture with a proprietary new coating material that protects
critical chamber components, thereby further reducing defects and enhancing yields.First introduced in 2015, the Sym3 etch system has
become Applied’s fastest ramping product in company history, and the company has just shipped the 5,000th chamber.The Sym3 family is key
to Applied’s strategy of giving customers new ways to shape and pattern materials, enabling novel 3D structures and new ways to continue
2D shrinking. Applied is co-optimizing the Sym3 system with unique CVD patterning films, enabling customers to increase the layers in 3D
NAND memory devices and reduce the number of steps needed in the quadruple patterning of DRAM layers. These are being deployed along
with Applied’s e-beam inspection and review technologies to accelerate R&D and high-volume ramps of the industry’s most advanced nodes,
helping customers improve chip power, performance, area-cost and time to market.

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Arista (USA) Delivers Production Multi-Cloud at High Scale with CloudEOS
31
Arista Networks announced several additions to its multi-cloud and cloud-native software product family with CloudEOS Edge: designed to
integrate with native cloud networking services like Amazon Web Services Transit Gateway, enabling cost-effective and high-scale
multi-cloud routing services for enterprise IT organizations and production services. This innovative system is designed to integrate
seamlessly into the cloud infrastructure ecosystem with native interoperability using provisioning tools like Hashicorp Terraform and Red
Hat’s Ansible.Enterprise customers are provisioning, connecting and monitoring their entire multi-cloud networking environment including
on-premises private cloud, remote cloud-connected sites and public cloud infrastructures in Amazon Web Services, Microsoft Azure, Google
Cloud Platform with CloudEOS™ and Arista CloudVision®. By using fully-interoperable open standards throughout CloudEOS, production
clients are able to interoperate with WAN and SD-WAN environments and dynamically balance application performance across multiple
carriers to deliver the best end-user experience.CloudEOS Edge is available in all major public cloud marketplaces now and can be
downloaded from Arista’s support portal for on-premises deployments. Contact sales@arista.com for more information.Arista Networks is an
industry leader in software-driven cloud networking solutions for large data center and campus environments. Arista’s award-winning
platforms deliver availability, agility, automation analytics and security through CloudVision® and Arista EOS®, an advanced network
operating system.

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ASUS Republic of Gamers (Taiwan) Unveils ROG Phone 3 and Full Lineup of Peripherals
32
ASUS Co-CEO S.Y. Hsu unveiled the ROG Phone 3 series and an array of gaming accessories and peripherals during the Game Changer
virtual launch event. As the latest generation of the world’s most powerful gaming smartphone series, ROG Phone 3 redefines mobile gaming
with the latest Qualcomm® Snapdragon™ 865 Plus 5G Mobile Platform, an ultra-responsive 144 Hz / 1 ms AMOLED 6.59-inch display, and
the GameCool 3 cooling system for peak performance during extended gameplay sessions. Mobile gaming on ROG Phone 3 is enhanced by
a number of expansion accessories, such as Kunai 3 Gamepad and ROG Clip for console-like controls, and TwinView Dock 3 for dual-screen
gameplay.At this event, ROG also announces the new ROG Falchion wireless gaming keyboard, ROG Cetra RGB gaming headphones, and
ROG Strix XG16 portable gaming monitor. The ROG Falchion wireless gaming keyboard offers a space-saving layout that is 65% the size of
a standard keyboard, a user-friendly multi-use interactive touch panel, and wireless Aura Sync lighting. ROG Cetra RGB gaming headphones
feature active noise cancellation technology and customizable RGB lighting. ROG Strix XG16 is a 15.6-inch portable gaming display with a
built-in battery that features up to a 144 Hz refresh rate, 1080p resolution display and a user-friendly kickstand design.

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Delta (Taiwan) Launches New Energy-Efficient Solutions for 5G and IoT Edge Computing,
e-Mobility and Smart Manufacturing at its Digital Exhibition
33
Delta, a global leader in power and thermal management solutions, launched an innovative digital exhibition under the theme ‘Pioneering
Energy-efficient Infrastructure Technologies’ to unveil new smart and energy-efficient solutions for 5G and IoT edge computing, e-mobility,
as well as smart manufacturing. These include, the SmartNodemodularised data centre solution for fast and flexible implementation of
energy-efficient edge computing data centres; the UFC200 Ultra-Fast EV charger, a 200kW system especially for charging point operators
and fleet managers; and Delta’s DIAStudio Smart Machine Suite, a digital platform that enables efficient machine development and
configuration. The SmartNode All-in-One Modularised Data Centre for 5G and IoT edge computing with the growth of data and the need for
low latency, demand is increasing for quick and easy to install pre-fabricated, all-in-one edge data centres. Delta’s SmartNode Tier II and Tier
III data centres enable rapid scaling of edge computing capacity, providing the perfect infrastructure for IoT and other applications that
demand low latency, such as autonomous driving, remote healthcare and OTT media services. Next generation EVs, e-trucks and e-buses will
demand access to faster and more powerful charging systems. The 200kW capacity of Delta’s UFC200, provides an ideal solution for charging
point operators and fleet managers. The output can be split to deliver 100kW DC charging to two vehicles simultaneously. It is equipped with
an all-weather, seven-inch LCD information display screen and touch pad. It also supports RFID and payment cards functions.

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Delta (Taiwan) Provides Reliable and Efficient EV Charging Solutions to Jaguar Land
Rover Philippines
34
Delta Electronics Int’l, a provider of power and thermal management solutions, installed the first electric vehicle charging station for a car manufacturer in
the Philippines at the Coventry Motors Corporation Greenhills Showroom of Jaguar Land Rover Philippines.Delta will supply AC Mini Plus chargers and
DC Wallbox chargers to the showrooms and testing areas of Jaguar Land Rover Philippines located in 1008 EDSA Greenhills, San Juan and BGC, Taguig
City. Jaguar Land Rover Philippines has launched the Range Rover Sport HSE 2.0 Petrol PHEV, Range Rover Vogue 2.0 Petrol PHEV, Range Rover LWB
Autobiography 2.0 Petrol PHEV and Jaguar I-PACE EV400 S models in the Philippines market. Jaguar Land Rover Philippines selected Delta as their EV
charging supplier and reliable partner to install charging stations at their showroom at San Juan and at testing areas to prepare for their EV launches. Delta’s
early bid and ability to provide local support with excellent value were key factors in its success over top competitors in the Philippine market.The Delta EV
charging solutions business unit in the Philippines dedicates to enabling e-mobility for a smarter and greener tomorrow with a full range of world-class EV
charging solutions used by EV drivers in Europe, North America and Asia.Delta’s AC Mini Plus is a compact charger that features global charging interface
support, user authentication through RFID and easy installation. Delta’s AC chargers are perfect for both commercial and home charging, which makes it the
natural choice for Jaguar Land Rover Philippines.As a green solutions provider in the Philippines, Delta supports automakers, station operators and EV
owners transitioning to eco-friendly transportation with smart and efficient EV charging solutions.

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Fujifilm (Japan) launches “FUJIFILM Shoe Mount Flash EF-60”
35
FUJIFILM Corporationis pleased to announce the launch of the “FUJIFILM Shoe Mount Flash EF-60” in August 2020, adding another accessory for the X
Series and GFX Series of digital cameras.The EF-60 is a compact yet powerful hot-shoe mount flash, offering the maximum guide number* of 60. It can be
combined with the “FUJIFILM Wireless Commander EF-W1”, to be released at the same time, to enable wireless off-camera flash operation. This allows
users to control lighting with their inspiration to suit a variety of shooting situations for creative photographic effects.The EF-60 is a compact hot-shoe mount
flash measuring 97mm x 73mm and weighing just 300g despite its powerful output with the maximum guide number of 60. The output can be precisely
adjusted to add dimensions to various situations with light and shade. The flash can be combined with the EF-W1 to enable wireless off-camera flash
operation. This allows users to position the flash beside or behind a main subject to provide lighting from various directions, or synch and fire multiple flash
units simultaneously for multi-flash photography, facilitating diverse photographic expression. The flashhead can be manually angled 180 degrees
left-to-right and 90 degrees upward so that the light can be bounced off a ceiling or wall to create indirect lighting, which provides natural lights to capture
the subject's facial expressions and the ambience of the scene with greater nuance. Fujifilm will continue to expand the X and GFX Series of digital cameras
and the extensive range of interchangeable lenses as well as camera accessories including the new EF-60 to deliver the joy of photography and photographic
pleasure.

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Fujifilm (Japan) develops “FUJIFILM PROJECTOR Z8000”
36
FUJIFILM Corporation is pleased to announce the development of the “FUJIFILM PROJECTOR Z8000,” which boasts high brightness of 8000 lumens and
a class-leading* compact and lightweight design. The new product, to be launched in the beginning of 2021, will join the lineup of the Z Series of ultra-short
throw projectors equipped with the world's first “folded two-axial rotatable lens.”Projectors are used in a wide variety of situations including offices and
educational institutions. In recent years, opportunities have expanded to include projectors in spatial design, as well as presentation at commercial facilities
and art galleries or museums. These have increased the needs for projectors to be implemented for effective spatial presentation in limited space.Fujifilm
entered into the projector market last year with the launch of the ultra-short throw “FUJIFILM PROJECTOR Z5000,” equipped with a folded two-axial
rotatable lens. The FP-Z5000 is being used in digital art exhibitions worldwide and introduced to company showrooms or commercial facilities, with users
praising its capability to project images in various directions without having to move the main unit, and throw massive images from a close-up distance. The
new FP-Z8000 inherits the main features of the FP-Z5000 while adopting a high-transmittance lens and a laser light source to deliver bright 8000lm images.
It can project vivid and high-contrast images even when used for digital signage in brightly-lit stores. The projector comes in a class-leading compact and
lightweight form factor by the optimum layout of components inside the main body.

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Intuit (USA) Introduces QuickBooks Cash, a New Business Bank Account With a 1%
High-Yield Interest Rate
37
Intuit Inc. announced QuickBooks Cash, a business bank account that earns high-yield interest1, which, when used with the QuickBooks
suite of business services, takes the complexity — and latency — out of managing finances for small business owners. QuickBooks
Cash2 has no account opening fees, maintenance fees, minimum balances, overdraft fees, or other recurring fees. Including a
machine-learning powered finance planner,QuickBooks Cash helps small businesses plan for the future by making 90-day cash flow
projections, including predictions on when invoices are likely to be paid. The QuickBooks Cash business bank account with debit card2
adds banking capabilities to QuickBooks’ robust business offerings. When combined with QuickBooks’ other business tools, including
Payments, Payroll and accounting, QuickBooks Cash enables complete cash flow management in one place, eliminating the need to
switch back and forth between banks and other solution providers. The QuickBooks Cash with debit card is now available to eligible
QuickBooks customers. Go here to learn more and apply.

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KLA (USA) Introduces Breakthrough Electron-Beam Defect Inspection System
38
KLA Corporation announced the revolutionary eSL10™ e-beam patterned-wafer defect inspection system. The new system is designed
to accelerate time-to-market for high-performance logic and memory chips, including those that rely on extreme ultraviolet lithography,
by detecting and reporting defects that cannot be routinely captured by optical or other e-beam defect inspection platforms. Built from the
ground up, with multiple breakthrough technologies reflecting years of research and development, the eSL10 delivers high resolution,
high speed inspection capability, unmatched by any other e-beam system on the market.The eSL10 e-beam inspection system features
several revolutionary technologies that power its ability to close critical defect detection gaps. A unique electron optics design produces
the industry's widest operating range for defect capture across a variety of process layers and device types. Yellowstone™ scanning mode
uses 10 billion pixels of information per scan to support high speed operation without compromising resolution, for efficient investigation
of suspected hotspots or defect discovery within a broad area. Simul-6™ sensor technology collects surface, topographic, material
contrast and deep trench information in one scan, reducing the time required to identify different defect types within challenging device
structures and materials. With its advanced Artificial Intelligence system, the eSL10 employs deep learning algorithms that adapt to IC
manufacturers' evolving inspection requirements, isolating the defects most critical to device performance.

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Lenovo (Hong Kong) Introduces One-Stop IoT Solution for Smart Office Buildings Workplaces
in China
39
Lenovo announced an end-to-end IoT Smart Building and Workplace Solution for businesses in China. With the rise of the smart office
and acceleration of digital transformation due to COVID-19, the solution will help businesses create more intelligent and efficient
workplaces through digital services, including solution customization and configuration, rapid deployment, and all-round operation and
maintenance. With increasing rental prices and property management costs, companies must decide how to effectively use their office
space. According to Jones Lang Lasell, 41 percent of enterprises began to adopt agile working and a combination of working at home and
working on site has become the choice of many enterprises today. The large-scale application of 5G, big data, AI, and other technologies
has enabled the concept of the smart office building. Lenovo’s smart office building solution is tailor-made for businesses. By integrating
Lenovo’s leading intelligent devices and edge intelligence capabilities, the solution can quickly help companies realize one-stop
large-scale deployment. Administrators can select different modules in the solution based on their business needs to build their own smart
office building application scenarios. Lenovo’s smart office building solution focuses on three functions: smart access, smart workspace
management and smart meeting solution. With fully connected systems and comprehensive sub-module.

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LG Display (South Korea) to showcase next-generation OLED displays online at SID 2020
40
LG Display, the world’s leading innovator of display technologies, will showcase next-generation OLED technologies at the 2020 Society
for Information Display. LG Display will showcase its advanced and innovative OLED technologies at its virtual showroom on SID’s
online site in two zones: an ‘Unlimited Design Freedom Zone’ where it will show varied and innovative designs that OLED is capable of
and an ‘Enhanced User Experience Zone’ where it will provide visitors with the chances to experience OLED technology suited to their
lifestyle. In the ‘Unlimited Design Freedom Zone,’next-generation foldable and transparent products such as 65-inch, 12.8-inch Rollable
OLED, 13.3-inch large-size foldable OLED, 65-inch bendable OLED, and 55-inch transparent OLED with 40% transparency will be
showcased. Meanwhile in the ‘Enhanced User Experience Zone,’ a 27-inch curved P-OLED for automotive dashboard and a Digital
Cockpit composed of a 12.3-inch Cinematic Sound OLED dashboard will be showcased to suggest the direction in which the automobile
industry should head, in addition to a demonstration of next-generation OLED displays including AV/VR and 3D. In addition, LG Display
will use videos to enable visitors to experience an innovative future life that OLED technology will bring about in online space. With this
online exhibition, the company will further expand consumer interaction to cultivate new business opportunities.

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Lenovo (Hong Kong) Enhances Portfolio of Education Solutions to Meet Evolving Demands of
Hybrid Learning
41
Lenovo™, is announcing updates to its portfolio of education solutions to support schools adopting new curriculums and pedagogy as
they head back to class in the Fall during the global health crisis. More than 1 billion students, over 90 percent of the world’s learners,
have been impacted by school closures in 2020. In response to disrupted school calendars, educators are implementing distance learning
programs and hybrid learning scenarios – a combination of distance and in-classroom learning. Schools and districts require
education-ready devices, more secure platforms, as well as compelling and effective digital content to engage students under changing
learning conditions. From purpose-built laptops and tablets, software and content for education to immersive learning with virtual
realitysolutions, Lenovo is providing teachers and students the tools needed for schools’ expanding digital ecosystems.Schools must
enable a future-ready education experience and help teachers inspire student engagement through effective collaboration beyond the
classroom. Lenovo PC devices are durable and impact resistant, optimized for tech-enabled learning and designed with robust security
and manageability.

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Lenovo (Hong Kong) Extends Microsoft Teams Display Functionality to ThinkSmart
42
Lenovo announces the integration of Microsoft Teams display functionality into their ThinkSmart View all-in-one personal
communications device. Perfect for a hybrid working model, the View can easily be used in an office or home environment and
will include exciting new collaboration features that will greatly enhance the user experience.Microsoft Teams displays are a new
category of smart devices designed for home and office working. As a dedicated device for meetings, allowing users to join video
and audio calls with a single touch, ThinkSmart View will also offer chat and file sharing capabilities, as well as providing an
always-on ambient screen display highlighting important activities. Cortana voice assistant1, where available, brings a new level
of productivity management with advanced functionality for collaboration.

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Lenovo (Hong Kong) Introducing the Lenovo Legion™ Phone Duel
43
Lenovo™ brings speed and smarter features to new 5G1 mobile gaming phone. The mobile gaming scene is heating up with a bigger selection of
titles and 5G1 enabling super-fast speeds in more places for all-out gaming adrenaline. If your smartphone isn’t packed with enough power for
modern mobile gaming, you deserve a better handheld Android™ gaming experience. Enter Lenovo Legion.Three years after the launch of their
gaming sub-brand, Lenovo introduces the Lenovo Legion Phone Duel—the powerful, immersive and fast-charging smartphone with sub-6 5G1
for better coverage and tested speeds up to 2.52 Gb/s. It’s created specifically for on-the-go gamers passionate about high performance and who
prefer the comfort and convenience of playing entirely in horizontal mode. Pick the right viewing experience for you, even while emailing or
chatting. With six specially customized layout themes to choose from, each with distinctive design details, colours, and icons that resonate with
gamers, you can stay in gaming-centric landscape mode or switch to portrait mode. Plus, home mode allows you to cast to or play on a connected
external monitor/TV while using either a wireless keyboard and mouse, or your preferred wired accessories via a dock.Designed from the ground
up for gamers, the Lenovo Legion Phone Duel plays like a mobile gaming console with impressive virtual tools, gaming capabilities, and an
optimized battery lasting up to a full day of average phone usage.3 Get the full functionality, ergonomic feel and pocket portability of a smartphone
without the chunky function controls. Its virtual joystick and dual ultrasonic trigger buttons are embedded, and dual vibration engines provide
life-like feedback for deeper gameplay immersion.

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Lenovo (Hong Kong) Launches Portfolio of Cloud-Based Managed IT Services to Better Support
SMBs
44
Lenovo™ announced the introduction of Lenovo Managed Services, a suite of tools built to Microsoft specifications and delivered
through Lenovo’s indirect model to channel partners, to provide SMBs the support they need to get the most out of Microsoft 365.
Consisting of two unique offerings – CSP Managed Services and Endpoint Managed Services – this new suite covers the complete
landscape of cloud-based managed services to help businesses increase their productivity, save time by enabling more secure and
seamless collaboration and help defend against business-critical security events. Lenovo Managed Services also includes a ready-made
platform for channel partners to empower them with the tools and flexibility to co-sell and expertly manage Microsoft 365 offerings,
Lenovo’s cloud offerings and their own portfolio of value-added services.The base offer, CSP Managed Services, is designed to help
companies manage their Microsoft 365 tools by removing the time-consuming maintenance and support tasks from their IT staff so they
can focus on more strategic initiatives. Through it, Lenovo will manage all Microsoft 365 accounts on a company’s license, onboarding
and migrating them to the cloud and configuring application settings across Microsoft Outlook and Teams. CSP Managed Services
customers will also have access to 24/7 issue resolution support in their local language.

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Maxim Integrated’s(USA) USB-C Power Delivery Solutions Accelerate Industry Adoption by
Cutting Development Time by Three Months and Reducing Solution Size in Half
45
Maxim Integrated’s USB-C Power Delivery Solutions Accelerate Industry Adoption by Cutting Development Time by Three Months and
Reducing Solution Size in Half. Overcome the challenges of implementing USB-C Power Delivery with the MAX77958 USB-C PD
controller and the MAX77962 28W buck-boost charger from Maxim Integrated Products, Inc. As portable devices add new technologies
such as 5G connectivity and 4K video, many are changing from single-cell to two-series (2S) cell architectures. With this change comes
the need for higher power delivery via USB-C PD and higher-power charging (25W or higher). With the MAX77958 USB-C PD
controller, designers can now cut development time by three months with an out-of-the-box USB-C PD compliant solution, while also
reducing the solution size in half with the MAX77962 buck-boost charger.While USB-C PD systems are capable of meeting the demands
of next-generation portable consumer, industrial and medical electronics, compliance to these USB-C specifications requires multiple
components and custom firmware that can take several months to develop. The MAX77958 standalone USB-C PD controller saves three
months of design, development and testing time with an out-of-the-box USB-C PD 3.0 compliant solution with Fast Role Swap and Dual
Role Port (DRP) support. The MAX77958 includes features not typically integrated in traditional USB-C controllers, such as BC1.2
detection and integrated D+/D- switch for legacy USB port support. To enable robust designs, the IC features 28V VBUS rating, CC pin
short protection, moisture detection and corrosion prevention.

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Maxim Integrated’s(USA) Ultra-Low-Power Dual Core Microcontroller with BLE 5.2 Shrinks
BOM Costs by Up to 33 Percent for IoT Applications
46
Maxim Integrated’s Ultra-Low-Power Dual Core Microcontroller with BLE 5.2 Shrinks BOM Costs by Up to 33 Percent for IoT
Applications. Designers of wirelessly connected, coin cell-operated internet of things products can now reduce bill-of-materials costs by
one-third while also saving space and battery life with the MAX32666 microcontroller from Maxim Integrated Products, Inc. This
ultra-low-power dual Arm® Cortex®-M4 MCU with floating-point unit and Bluetooth Low Energy 5.2 extends the device’s battery life
by combining robust memory, security, communications, power management and processing functions traditionally performed by
multiple MCUs into a single device.As IoT applications become more advanced, more MCUs are typically added to the system. Usually
these advanced systems include a dedicated processor to handle the application, another processor acting as a sensor hub, a separate
standalone BLE microcontroller to handle the wireless connectivity function, and in many cases, a power management IC to efficiently
provide supply voltages to the MCUs. However, this approach is proving to be unsustainable for IoT applications that are growing in
complexity while still demanding smaller size and longer battery life.

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Industry’s Thinnest Dual-Photodetector Optical Sensor Solution by Maxim (USA) Integrated
Accelerates Time to Market for Wearable Health and Fitness Products
47
Industry’s Thinnest Dual-Photodetector Optical Sensor Solution by Maxim Integrated Accelerates Time to Market for Wearable Health and
Fitness Products. Quickly and easily design sensors into places where they never used to fit with the thinnest optical sensor solution for
wearable health and fitness products: the MAXM86146 dual-photodetector optical sensor solution from Maxim Integrated Products, Inc. The
turnkey drop-in module includes built-in algorithms for heart-rate and oxygen-saturation monitoring, as well as advanced activity
classification. Its small size and ease of design enable innovative biosensing features in less space and support the rapid development of
accurate, continuous health-monitoring devices. The MAXM86146 offers designers of advanced wearable products the ability to achieve a 45
percent thinner optical design versus a discrete approach. Additionally, the module offers ready-to-use biosensing algorithms that measure
vital signs to the most rigorous medical standards, allowing even more time to develop market-differentiating features. It saves designers up
to six months in bringing new products to market and provides extra time and space to expand functionality. The revolution in wearable health
monitors is gaining momentum as it provides unprecedented access to health insights which help medical professionals and end-users
proactively manage preventative care needs and chronic conditions. Developers strive to continue this momentum by creating innovative
solutions to provide deeper insight into health conditions and open doors to improve wellness.

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Microchip (USA) Introduces New 8-Channel Flashtec® PCIe® Gen 4 Enterprise NVMe™
SSD Controller
48
Microchip Technology Inc.announced its newest member of the Flashtec® family, the FlashtecNVMe 3108 PCIe Gen 4 enterprise NVMe
SSD controller. The 8-channel FlashtecNVMe 3108 complements the 16-channel FlashtecNVMe 3016 and provides a full suite of PCIe Gen
4 NVMe SSD solutions to support a comprehensive set of data center storage requirements. Microchip’s new FlashtecNVMe 3108 PCIe Gen
4 NVMe SSD controller enables a variety of compact SSD form factors with efficient power and very compelling performance and reliability
metrics while delivering industry leading security features. The FlashtecNVMe 3108 boasts greater than one million IOs per second for
random workloads and greater than 6 Gigabytes per second of sequential bandwidth. The solution provides end-to-end enterprise class data
integrity with high reliability and critical security features including secure boot with Hardware Root of Trust to ensure that data center
operators can provide the highest level of available data security. The eight programmable flash channel controllers are coupled with
exceptionally strong error correction engines that provide future-proof support for next generation high layer count Triple Level Cell and
Quad Level Cell NAND technologies.The FlashtecNVMe 3108’s flexibility is its programmable multi-core Arm subsystem. Combined with
a number of hardware acceleration engines this enables users to optimize their own SSD solutions for a wide variety of applications including
single root IO virtualization.

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Microchip (USA) Introduces First Time and Frequency Instrument with Embedded Global
Positioning SystemM-Code Receiver
49
Microchip Technology Inc.announced that its SyncServer S650 M-Code time server has received approval from the U.S. Air Force GPS Directorate of
the Los Angeles Air Force Base for use in support of military communication systems, radars and networks. M-Code, an encrypted military signal
broadcasted in GPS frequency bands, is required by congressional mandate for mission critical Department of Defense applications in hostile
environments. Microchip’s SyncServer S650 M-Code equipped time and frequency server provides a secure, accurate, flexible platform for
synchronizing mission-critical electronic systems and instrumentation. For DoD programs requiring jam-resistant, encrypted time and frequency
signals from the GPS military M-Code Precise Positioning Service, the SyncServer S650 M-Code is a secure time and frequency instrument with a fully
integrated M-code GPS receiver.The SyncServer S650 M-Code equipped time and frequency instrument is a rack mounted server device that
synchronizes to the atomic clocks aboard GPS satellites via M-Code. The S650 M-Code leverages new technology to provide enhanced anti-jamming
protection and further hardening against spoofing, providing greater accuracy, and improving operator ease-of-use for key loading.Harder to jam than
commercial CA-Code GPS, M-Code provides a more secure signal than the commercial CA-Code or SAASM P(Y) signal, with greater accuracy. The
instrument also is easier for operators to load crypto keys.The SyncServer S650 M-Code can utilize Microchip’s FlexPort™ technology for multiport,
user definable output signal configurations for Inter-Range Instrumentation Group timecodes, pulses and a variety of signal types essential for military
communication, radars and network system synchronization. This is coupled with Microchip’s NTP Reflector™ technology for robust security,
accuracy and reliability of network.

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Microchip (USA) Delivers the Smallest Automotive maXTouch Controllers for Smart Surfaces
and Multi-function Displays
50
Microchip Technology Inc. announced the extension of its market-leading maXTouch® portfolio with the new MXT288UD touch controller family, the
industry’s smallest automotive grade packaged touch screen controllers. The MXT288UD-AM and the MXT144UD-AM devices offer low power
mode, weatherproof operation and glove touch detection in multi-function displays, touch pad and smart surfaces for vehicles, motorcycles, e-bikes and
car-sharing services. Secondary touch surfaces can be placed in both the interior of cars and exterior of a motor vehicle, such as handlebars, doors,
electronic mirrors, control knobs, the steering wheel, between seats or in an armrest. With the MXT288UD family’s small 7x7 mm automotive grade
VQFN56 package, tier one suppliers can now reduce board space by 75 percent and greatly minimize the overall Bill of Materials for these compact
applications — all while exceeding the requirements for excellent and reliable touch performance in the market. The family’s low power wait-for-touch
mode consumes less than 50 µA, remaining responsive for the user, even if the display switches off to save power or to avoid disturbing the driver at
night. The system will wake by a touch event anywhere on the touch surface. In addition, the MXT288UD-AM and the MXT144UD-AM devices
enable detection and tracking of multi-finger thick gloves through a wide variety of overlay materials and thicknesses, like leather, wood or across
uneven surfaces — even in the presence of moisture. Normally the dielectric constant of these overlay materials would limit the detection of the touch,
however these devices provide a unique solution to reliably detect and track multi fingers with a high signal-to-noise ratio and through a proprietary
differential mutual acquisition scheme.

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ON Semiconductor (USA) to Demonstrate Latest Connectivity and Sensing Solutions at the
International Internet of Things Exhibition Chinese
51
ON Semiconductor, driving energy efficient innovations, will showcase its wide range of Internet of Things-enabled solutions at the International
Internet of Things Exhibition. The company capitalizes on the leading trade show in Asia to demonstrate and discuss its latest IoT solutions utilizing
connectivity and sensing for applications including smart home and building, personal IoT, asset monitoring, industrial, and medical.The Smart Home
and Building zone at the company’s booth will feature multiple demonstrations including connectivity using Bluetooth® Low Energy, Wi-Fi and Zigbee
™ to provide low power, reliable control of lighting in both industrial and residential scenarios. Sensing demonstrations in this area will feature image
sensors from ON Semiconductor that provide ultra-low-power solutions to designers working on applications such as smart video doorbells. Devices
like the AR0237 provide advanced imaging performance including the ability to capture both visible and infra-red images for depth sensing, and the
sensitivity in varying light conditions required for 3D imaging for intelligent access control and smart video security.Personal IoT and Asset Monitoring
are rapidly growing and exciting areas with almost limitless applications. Semiconductor’s booth 1A210-2, Hall 1 at the Shenzhen Convention &
Exhibition Centre. Also, an ON-Semiconductor expert will address International Internet of Things Sensor Forum with “Emerging Visual IoT
Solutions” at 10:20 on July 29 in seminar room 2 in Hall 9.

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ON Semiconductor (USA) Provides Secure End-to-End Bluetooth® Low Energy Solution
using Veridify Technology
52
ON Semiconductor, driving energy efficient innovations, announced the immediate availability of Veridify’s Public Key security tools for the RSL10,
the industry’s lowest power Flash-basedBluetooth® Low Energy radio System on Chip. Veridify Security’s tools are available in a CMSIS-Pack, giving
developers a familiar and fast implementation path to protect their RSL10 solutions with critical security features including device-to-device
authentication, data protection, and secure firmware updates. The RSL10 radio family offers built-in security features, including an AES-128 encryption
hardware block and, for IP protection, the ability to lock the debug interface against potential intruders. These ‘on processor’features are complemented
by Veridify’s technology to provide identification, authentication, and data protection between devices in the field. An RSL10 radio running Veridify’s
public key tools can exchange their signed public keys, authenticate the public key owner, create an ephemeral mutual secret, and then use this shared
secret with the AES128 engine to encrypt data between the device and its user. Devices running Veridify Security tools, like the RSL10, can take
advantage of DOME™, Veridify’s zero-touch onboarding, blockchain ownership management, and enrollment solution. Veridify’s security solutions
are ISO 26262 ASIL D certified, have a very small code footprint, and can be implemented in software-only, as demonstrated on the RSL10’s Arm®
Cortex®-M3 processor. Security protocols built with Veridify tools run many times faster than legacy methods. For example, the authentication
protocol on the RSL10 typically runs in under 28 milliseconds, complementing the energy-saving benefits afforded by the RSL10. Solutions built with
Veridify are ideally suited for applications at the edge of the Internet of Things in the industrial, smart building, medical, automotive, and consumer
spaces.

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Qualcomm (USA) Announces World’s Fastest Commercial Charging Solution, Quick Charge
5, World’s First Commercial 100W+ Charging Platform
53
Qualcomm Technologies, Inc. announced Qualcomm® Quick Charge™ 5, the fastest commercial charging technology for Android devices, which
delivers unprecedented mobile phone charging speed and efficiency improvements compared to previous versions while enabling new battery
technology, accessories, and safety features. The world’s first commercially viable fast charging platform to support more than 100W charging power
in a smartphone, Quick Charge 5 is engineered to allow users to charge devices from 0 to 50 percent battery power in just five minutes – representing
the fastest mobile phone charging capabilities available. Quick Charge 5 also uses Qualcomm® Battery Saver and the new Qualcomm® Smart
Identification of Adapter Capabilities technology to support unparalleled efficiency and help extend the battery life cycle on a users’ device.Quick
Charge 5 sets a new standard for charging performance by charging up to four times faster than the previous generation. While Quick Charge 5 charges
devices at blazing fast speeds, it also keeps extreme safety measures in mind; Quick Charge 5 incorporates 12 separate voltage, current and temperature
protections, including USB-input overvoltage protection at 25V and external power controls beyond 30V. It also runs 10 degrees Celsius cooler than
Quick Charge 4. Quick Charge 5 enables Dual/Triple Charge technology, adaptive input voltage, INOV4, Qualcomm Battery Saver and the new
Qualcomm Smart Identification of Adapter Capabilities technology, which work together to maximize power transfer efficiency, increase safety and
help extend the battery life cycle on a users’ device.

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