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TECNO Unveils “PHANTOM Ultimate” Concept Phone Redefining Rollable Screen Innovation

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HONG KONG, Sept. 1, 2023 /PRNewswire/ — PHANTOM, TECNO’s premium technology sub-brand, released a concept video for its latest rollable smartphone concept, PHANTOM Ultimate. Following the previous PHANTOM Vision V foldable concept, this new rollable concept represents another significant leap in innovation. It embodies TECNO’s commitment to advancing global mobile technology by introducing a new form factor that sets the stage for future rollable developments.

Industry-leading Screen Expansion Efficiency in 1.2-1.3 Seconds

The PHANTOM Ultimate rollable concept boasts industry-leading unrolling speed and unprecedented expansion efficiency. The technology is enabled by advanced engineering, integrating a custom developed high torque powertrain, planetary reducer, and slider-crank mechanism. This single-drive motor system achieves rapid extension and rollup, allowing the display to unfurl from 6.55-inches to an impressive 7.11-inches in just 1.2-1.3 seconds. This solves the pain point of slow and lagging rollable screen extension, providing enhanced convenience and a fluid user experience. The neat mechanism reduces friction to create a smooth movement while enhancing the durability and reliability of the device.

Unparalleled 7.11-inch Double-sided Rollable Screen Innovation

When retracted, the concept phone features a double-sided display, which wraps horizontally around the back of the device to serve as a secondary screen. When extended, the double-sided screen rolls around to become one ultra-large display. This innovative design introduces a new dimension of interaction, enabling users to conveniently access information, notifications, and even leverage the rear display as a viewfinder for capturing flawless selfies.

PHANTOM Ultimate’s screen innovation includes a 7.11-inch On-cell AMOLED screen, avoiding creases for a seamless look. With 2296*1596 resolution and 388 PPI, it offers variable brightness, including exceptional 800cd/㎡ under HBM modes, peaking at 1100cd/m2. The dynamic LTPO display supports DCI-P3 100% TYP wide color gamut, and a 1–120Hz refresh rate that adapts smartly to different scenarios. The screen ensures durability while providing an extraordinary viewing experience.

Ultra-slim Design for the Greatest User Experience

The new concept device offers ergonomic improvements for an unparalleled user experience. PHANTOM Ultimate boasts an ultra-slim design, measuring just 9.93mm in thickness (excluding edge trim). This compactness ensures easy one-hand operation, positioning it as a highly competitive offering in the industry.

The stylish asymmetric book-roll design guides the unfolding direction, preventing accidental slips during extension. The sliding battery cover aligns with gripping gestures, providing secure one-handed holding when expanded, eliminating pinching during retraction. The cover uses distinct tactile materials—highlighted glass for the sliding area and 3D textured material for stability.

PHANTOM Ultimate introduces advanced software enhancements, supporting customizable dynamic wallpapers, desktop effects, and an always-on display (AOD). Its registered polling method ensures seamless synchronization, optimal desktop adaption, and convenient operation with registered polling and three-finger drag. Optimized animations address touch-screen synchronization disparities, offering a flawless experience for all applications even during expansion or rolling.

Unroll the Future: Rolling Out a New Dimension

As foldable screen technology matures in the industry, TECNO envisions the next new form while driving disruptive innovation for future mobile devices. PHANTOM Ultimate highlights TECNO’s commitment to its ‘Go Premium’ strategy, delivering innovative products globally and offering the latest tech for an exceptional flagship experience. Following the rollable PHANTOM Vision V, TECNO launched its first foldable, PHANTOM V Fold, acclaimed for notable breakthroughs. PHANTOM Ultimate reaffirms TECNO’s dedication to innovative form factors, cutting-edge tech, and a premium flagship experience worldwide.

About TECNO

TECNO is an innovative technology brand with operations in over 70 countries and regions across five continents. Since its launch, TECNO has been revolutionizing the digital experience in emerging global markets, relentlessly pushing for the perfect integration of contemporary, aesthetic design with the latest technologies. Today, TECNO has developed into a recognized leader in its target markets, delivering state-of-the-art innovation through a wide range of smartphones, smart wearables, laptops and tablets, HiOS operating systems and smart home products. Guided by its brand essence of “Stop At Nothing”, TECNO is committed to unlocking the best and newest technologies for forward-looking individuals. By creating stylish, intelligent products, TECNO inspires consumers worldwide to never stop pursuing their best selves and their best futures. For more information, please visit TECNO’s official site: www.tecno-mobile.com

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SOURCE TECNO Mobile Limited

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Max Stock Limited Announces Change in Shares Held by an Interested Party

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CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il                 

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

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Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

 

SOURCE Wahed

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Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

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DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

Photo – https://mma.prnewswire.com/media/2566076/Wahed_MENA_Khalid_Al_Jassim.jpg

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