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China-manufactured foldable OLED shipments to surpass Samsung Display for 1H24, forecasts Omdia

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LONDON, May 29, 2024 /PRNewswire/ — China’s flexible OLED makers have been rapidly advancing their technology and increasing their shipments posing a significant threat to Samsung Display’s dominance. In the first half of 2024, China foldable OLED shipments are projected to reach 6.4 million units, surpassing Samsung Display’s 5.7 million units in South Korea. According to Omdia’s Smartphone Display Intelligence Service, China-made foldable OLEDs are expected to account for 53% of the total foldable OLED shipment share during this period.

Samsung Display and Samsung Galaxy Fold have been recognized as pioneers in the foldable smartphone market, leading in both technology readiness and consumers’ preference. However, Chinese brands such as Huawei, Honor, Oppo, Vivo, Xiaomi, Transsion, ZTE and Lenovo MOTO are quickly catching up by launching new, refreshed and advanced foldable products. This development is of great benefit to Chinese flexible OLED makers in boosting their position further in the market.

China foldable OLED makers have made significant strides in progressing foldable OLED display technologies such as LTPO (Low Temperature Polysilicon Oxide), Touch on Thin Film Encapsulation, COE (Color Filter on Encapsulation) , variable refresh rate 120Hz, peak brightness, ultra-thin foldable glass, and reducing the folding crease. These innovations have led to  successful designs in new foldable models from Chinese smartphone brands and OEMs like Huawei, Honor, Lenovo MOTO, Oppo, Vivo, Xiaomi, Transsion and ZTE, while Samsung Galaxy Fold is mainly incorporating the latest foldable technologies from Samsung Display. As Chinese brands and OEMs increase their foldable smartphone devices shipments, shipments from Chinese OLED makers’ is also on the rise.

“Samsung Display has long held the mantle of the market leader in foldable display technology driving development and maintaining high production yield rates. However, since 2023, Chinese OLED makers have been progressively increasing their shipment shares. Notably Chinese flexible Gen6 Fab such as BOE’s B11, ChinaStar’s T4, Visionox’s V2 and V3 are ramping up production of foldable displays, benefiting from improved yield rates and a growing customer base,” commented David Hsieh, Senior Research Director in Omdia’s Displays practice.

“The foldable smartphone display market witnessed remarkable growth reaching 10.7 million units in 2021, 16.6 million units in 2022, and 21.8 million units in 2023 with our projections indicating the market will reach 30 million units in 2024. The strategies of China’s OLED makers alongside the expansion efforts of Chinese smartphone brands are expected to be key drivers of this growth trajectory,” added Hsieh.

ABOUT OMDIA

Omdia, part of Informa Tech, is a technology research and advisory group. Our deep knowledge of tech markets combined with our actionable insights empower organizations to make smart growth decisions.

Fasiha Khan: Fasiha.khan@omdia.com

 

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SOURCE Omdia

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TerraMaster Launches the New TNAS Mobile 3 with Various New Features for Efficient NAS Management

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SHENZHEN, China, Dec. 26, 2024 /PRNewswire/ — TerraMaster, a professional brand focusing on providing innovative storage products for families and businesses, launched new TNAS Mobile 3 application compatible with the latest TOS 6, introducing a host of new features and optimizations such as updated UI, TNAS Online and photo backup and one-touch initialization. With these improvements, the latest version of TNAS Mobile 3 ensures users enjoy a more convenient, efficient, and powerful NAS management experience, all from the palm of hands.

TNAS Mobile 3 New Features

Upgraded TNAS Online Management
Upgraded to TNAS Online 2, with a 500% speed improvement, providing smoother and more stable mobile access, ensuring seamless operation from anywhere.

One-Touch NAS Initialization
Users can now easily initialize the TNAS directly from mobile device. Simplified operation process for quick deployment and initialization of the TOS system.

Perfectly Compatible with TOS 6
Seamlessly integrates with the latest TOS 6 operating system, users can explore all features of TOS 6 on the mobile phone.

Optimized Overall UI and Photo Backup
The TNAS Mobile 3 app now boasts a cleaner, more intuitive interface for a smoother user experience. And the photo backup transfer process has been improved to increase efficiency and stability.

Media Index Management
The app also introduces a new media index management feature. Smart indexing for quick retrieval of media files on TNAS, offering the convenience of one-click activation across platforms.

User Management
A new user management feature has been added, allowing administrators to centralized manage and control user access more efficiently. Enable flexible allocation and control of permissions.

Shared Folder Management
The app now includes enhanced shared folder management. Users can easily create and edit shared folders with detailed control over access permissions.

Availability
TerraMaster new TNAS Mobile 3 V3.3.038 is now available for download and installation through Google Play Store and Apple App Store. More details, please visit:
https://www.terra-master.com/global/tnas-mobile3/.

Follow TerraMaster on social media:
Facebook: https://www.facebook.com/terramasterofficial
Twitter: https://twitter.com/TerraMasters
LinkedIn: https://bit.ly/3wKrjmr
YouTube: https://bit.ly/3dMXGIK
TikTok: https://www.tiktok.com/@terramaster_official  

About TerraMaster
TerraMaster is a professional brand that focuses on providing innovative storage products, including network attached storage and direct attached storage that has become increasingly popular in over 40 countries and regions. The brand has been developing storage technology for 10 years, addressing the needs of customers such as home users, small/medium businesses, and enterprises.

Contact:
Yuki Shi
+86 755 81798272
388067@email4pr.com

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Sapiens to Participate in the 27th Annual Needham Growth Conference on January 15, 2025

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ROCHELLE PARK, N. J., Dec. 26, 2024 /PRNewswire/ — Sapiens International Corporation, (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Roni Giladi, Chief Financial Officer, is scheduled to participate in the 27th Annual Needham Growth Conference to be held at the Lotte NY Palace Hotel in New York City, January 14 – 16, 2025. Sapiens will host a group presentation on January 15, from 2:15 p.m.- 2:55 p.m. Eastern Daylight Time (EDT) in “Holmes 1″ and conduct one-on-one meetings the same day.

A webcast of management’s presentation can be found on the company’s IR website under the events section, at https://sapiens.com/investor-relations/. For more information about the conferences or to schedule a one-on-one meeting with Sapiens, please contact your Needham representative at the respective firm. The firms hosting the conference reserve the right to adjust a company’s meeting schedule, including its presentation time. It is recommended that participants confirm all meeting and presentation times with the conference organizers.

About Sapiens

Sapiens International Corporation (NASDAQ and TASE: SPNS) is a global leader in intelligent insurance software solutions. With Sapiens’ robust platform, customer-driven partnerships, and rich ecosystem, insurers are empowered to future-proof their organizations with operational excellence in a rapidly changing marketplace. We help insurers harness the power of AI and advanced automation to support core solutions for property and casualty, workers’ compensation, and life insurance, including reinsurance, financial & compliance, data & analytics, digital, and decision management. Sapiens boasts a longtime global presence, serving over 600 customers in more than 30 countries with its innovative SaaS offerings. Recognized by industry experts and selected for the Microsoft Top 100 Partner program, Sapiens is committed to partnering with our customers for their entire transformation journey and is continuously innovating to ensure their success.

For more information visit https://sapiens.com or follow us on LinkedIn 

Media Contact
Yaffa Cohen-Ifrah
Chief Marketing Officer and Head of Investor Relations, Sapiens
Yaffa.cohen-ifrah@sapiens.com 

Investors Contact
Kimberly Rogers
Managing Director, Hayden IR
kim@HaydenIR.com 

 

Logo:  http://mma.prnewswire.com/media/585787/Sapiens_Logo.jpg

 

 

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SOURCE Sapiens International Corporation

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Pocamarket Named ‘Best K-POP Photocard Platform’ at 2024 KBS N Brand Awards

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SEOUL, South Korea, Dec. 26, 2024 /PRNewswire/ — Pocamarket, the pioneering K-POP photocard trading platform operated by Infludeo Co., Ltd., has received the prestigious ‘Best K-POP Photocard Platform’ award at the 2024 KBS N Brand Awards. The ceremony, organized by KBS N, a subsidiary of Korea’s national public broadcaster KBS (Korean Broadcasting System), recognizes outstanding brands for their excellence and industry impact.

Since its inception, Pocamarket has established itself as the trusted destination for K-POP enthusiasts seeking to trade photocards in a secure and streamlined environment. The platform’s commitment to fan experience extends to its physical presence through PocaSpot, an interactive retail space in Seoul’s vibrant Hongdae district. This innovative space serves as a hub for both domestic and international fans to acquire authentic photocards while experiencing Korean pop culture firsthand. Building on this success, the company has announced plans to launch its second PocaSpot location in Myeongdong during 2024.

The recognition underscores Pocamarket’s transformation from a specialized trading platform to a significant force in promoting global K-POP culture. As the international K-POP community continues to grow, Pocamarket maintains its position as an industry leader by delivering exceptional value and authentic experiences to fans worldwide.

“This recognition reflects the unwavering support and trust of our global fan community,” stated a Pocamarket representative. “We remain dedicated to developing innovative solutions that ensure a seamless and secure experience for K-POP enthusiasts everywhere. Our mission is to continue evolving alongside our users while fostering the growth of K-POP culture internationally.”

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