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Lumenuity Emerges from Stealth with Qualcomm Collaboration to Redefine Mobile Optics

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Announcing Light Unfolding® Technology, Lumenuity Secures $1.2M in Seed Funding to Significantly Enhance Optical Zoom Performance, Cost and Capability

LOS ANGELES, Oct. 21, 2024 /PRNewswire/ — Lumenuity today announced its official launch with a revolutionary optical technology that significantly enhances the zoom capabilities of smartphone cameras. The company also unveiled a $1.2 million seed funding round, and are collaborating with Qualcomm Technologies, Inc. to optimize the Lumenuity technologies for use on smartphones that contain the latest Snapdragon mobile platforms. The breakthrough technology offers widespread applications beyond smartphones, including drones, augmented reality (AR), and more.

Lumenuity’s Light Unfolding® technology delivers DSLR camera performance in a pocket-sized mobile device.

Lumenuity’s Light Unfolding® technology delivers DSLR camera performance in a pocket-sized mobile device. This advancement delivers users professional zoom quality without the cost or weight of traditional cameras, revolutionizing mobile photography.

Co-founded by Dr. Benjamin Shapiro and Dr. Edo Waks, experts in optics, electrical engineering and quantum, Lumenuity has spent years refining and developing this new optical solution. The team is supported by a prestigious advisory board with decades of leadership in top-tier smartphone and AR companies.

“Our patented Light Unfolding technology compresses unprecedented optical power into compact devices,” said Dr. Benjamin Shapiro, co-founder and CEO of Lumenuity. “With this innovation, consumers can capture stunning, high-quality images from their smartphones—virtually eliminating the need for bulky, high-end cameras.”

In addition to enhancing image performance, Lumenuity’s technology offers significant manufacturing advantages by reducing the need for multiple cameras in devices. Currently, smartphones rely on separate cameras for primary, wide-angle, and zoom functions. Lumenuity’s optical system can deliver the performance of two cameras in one, streamlining design and reducing production costs—savings that can be passed directly to consumers.

“Lumenuity’s technology allows higher-performance optics in a more efficient form factor,” said Judd Heape, Vice President, Product Management at Qualcomm. “Qualcomm will be able to support phone makers that will be implementing this new technology on the Snapdragon platform, by providing complimentary advanced image processing and AI features to further increase image quality.”

Lumenuity has already developed prototypes that deliver double the zoom capability of existing smartphone cameras, all while maintaining industry-standard size and form. The company has been collaborating closely with Qualcomm, a leader in the smartphone industry, and with DXOMARK, leaders in assessing phone camera image quality, to refine and validate their technology.

“Given the company’s unique technological approach, robust IP portfolio and attractive project roadmap, we’re thrilled to invest in the team at Lumenuity,” said Michael Beer, Investment Partner at Vest Coast Capital. “The company is well-positioned to meaningfully improve camera performance while also reducing phone costs”.

About Lumenuity:
Lumenuity is a cutting-edge optics company delivering groundbreaking technology for enhanced optical performance in compact systems. Our Light Unfolding® technology unlocks new imaging possibilities. We provide custom solutions tailored to our partners’ needs. Learn more at www.LumenuityInc.com.

Founders:
Benjamin Shapiro, PhD: Founder and CEO. Served in C-suite roles for 3 deep-tech companies. Was a Full Professor in engineering for 18 years, at the University of Maryland at College Park. Fulbright scholar. On LinkedIn: https://www.linkedin.com/in/benjamin-shapiro-834ab28b/

Edo Waks, PhD: Co-Founder. Full Professor, Electrical & Computer Engineering, Quantum Institute, University of Maryland at College Park. Expert in optics, light and quantum mechanics. PECASE (Presidential Early Career award). Fellow APS (Applied Physics Society), OSA (Optical Society of America). On LinkedIn: https://www.linkedin.com/in/edo-waks-3635173b/

About Qualcomm:
Qualcomm is a trademark or registered trademark of Qualcomm Incorporated. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries.

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SOURCE Lumenuity, Inc.

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Chengnan Loong Lantern in the eye of American Teachers and Students

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NANCHANG, China, Oct. 21, 2024 /PRNewswire/ — A report from Jiangxi International Communication Center(JXICC): A group of 31 teachers and students from Utah and Pennsylvania in the United States visited the Chengnan Loong Lantern production base in Nanchang City, Jiangxi Province, to immerse themselves in experiencing traditional Chinese culture.

Originating from Chengnan Village in Nanchang City, Jiangxi Province, with a history of over 700 years, Chengnan Dragon Lanterns involves more than a hundred intricate processes. In 2008, it was included in the list of Intangible Cultural Heritage at the provincial level in Jiangxi. In recent years, as Chengnan Dragon Lanterns light up the world, many foreigners have been interested in the ancient intangible heritage. During the Lunar New Year of Dragon, the improved Chengnan Dragon Lanterns have become a hot sale abroad, with a surge in orders.

Shi Kebin, the representative inheritor of the intangible cultural heritage of Chengnan Dragon Lanterns said that the improved Chengnan Dragon Lanterns are better suited to the needs of foreignes. By integrating modern craftsmanship with traditional culture for modification and innovation, our traditional culture can be spread more effectively, making it popular among the youth.

https://www.youtube.com/watch?v=rCDT6XfuTnA

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SOURCE Jiangxi International Communication Center(JXICC)

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Lazada Partners With Alibaba’s Taobao to Launch Dedicated Fashion Channel in Singapore and Malaysia

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The dedicated channel features over 6 million curated products to strengthen Lazada’s fashion and lifestyle offerings

SINGAPORE, Oct. 22, 2024 /PRNewswire/ — Lazada, a leading eCommerce platform in Southeast Asia, today announced its partnership with Alibaba’s eCommerce platform Taobao to launch a dedicated Taobao Fashion channel in Singapore and Malaysia. Prominently featured on the Lazada App homepage, this new fashion channel offers style-conscious shoppers a brand-new destination for trendy and affordable apparels. Going forward, Lazada has plans to incorporate more lifestyle products in this channel to further diversify its offerings.

The Taobao Fashion channel boasts an extensive selection of over 6 million products curated from top Taobao merchants. These products can be checked out with LazCoins to enjoy even greater savings and additional discounts.

To celebrate the launch, Lazada is introducing exclusive promotions such as “Buy 3, Get 20% Off” deals, and 7-day and 15-day hassle-free return with flexible pickup and drop-off options for customer’s convenience in Singapore and Malaysia respectively. In addition, TaoFashion Day campaign takes place every Saturday where shoppers can explore more than 35,000 new listings at 70 per cent discount, delivering unparalleled access to the latest fashion trends.

To enhance the experience, Lazada is offering free international air shipping, ensuring that purchases are delivered as fast as 5 working days. With orders processed and shipped in under 48 hours through international air freight, Lazada guarantees fast and reliable delivery for customers in Singapore and Malaysia.

“Shoppers today are increasingly savvy and globalised, constantly seeking more unique and diverse fashion offerings to refresh their wardrobes,” said Jason Chen, Chief Business Officer, Lazada Group. “This partnership with Taobao strengthens our ability to leverage Alibaba’s eCommerce synergies, delivering unmatched variety and value to our customers. Our goal is to make fashion accessible and inclusive, allowing shoppers to express their style confidently without compromising on price.”

For more information, visit Lazada or check out the Lazada app to explore Taobao Fashion’s exciting deals.

About Lazada Group

Lazada Group is Southeast Asia’s pioneer eCommerce platform. For the last 12 years, Lazada has been accelerating progress in Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam through commerce and technology. Today, a thriving local ecosystem links about 160 million active users to more than one million actively-selling sellers every month, who are transacting safely and securely via trusted payments channels and Lazada Wallet, receiving parcels through a homegrown logistics network that has become the largest in the region. 

 

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SOURCE Lazada Group

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Arcadis supports “The Chief Executive’s 2024 Policy Address” in Hong Kong

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HONG KONG, Oct. 22, 2024 /PRNewswire/ — Arcadis, the leading global Design & Consultancy organization for natural and built assets, welcomes the initiatives recently outlined in “The Chief Executive’s 2024 Policy Address”, which aim to sustain efforts in land creation and boosting housing supply by simplifying procedures and reducing construction costs. Arcadis will fully support the implementation of these initiatives.

 

Create Land for New Developments and Streamline Procedures

The Government will continue to expedite land production to solve the land supply conundrum, not only for housing but for other uses. Land development procedures will be streamlined.

The Government will expedite the implementation of economic and housing-related projects in the Northern Metropolis. This year, land will be reserved for developing the Northern Metropolis University Town, the third medical school, and an integrated teaching hospital.

The Government will release four quality logistics sites in the Hung Shui Kiu/ha Tsuen NDA to expand high value-added logistics services. The Hong Kong-Shenzhen I&T Park in the Loop will be developed in two phases, starting at the end of this year. The Government will seek funding for the first-stage of San Tin Technopoles’ infrastructure and begin construction works this year. The target is to deliver 20 hectares of new I&T sites in phases, beginning in 2026-27, for the Hong Kong Science and Technology Parks Corporation’s development and operation.

Adopting a Multi-Pronged Approach to Lower Construction Costs

The Project Strategy and Governance Office under the Development Bureau has been entrusted with leading a strategic study to identify major factors contributing to high construction costs and to devise improvement measures by drawing on experiences from Mainland China and internationally. Arcadis appreciates the study as an important step toward optimizing the use of public resources for infrastructure development and enhancing long-term competitiveness.

In response, William Fong, Head of Cost and Commercial Management for Hong Kong & Macau at Arcadis, said:

“The Government has been examining the factors influencing project costs while also assessing the respective impact of each factor. The dedicated efforts invested in this study demonstrate the Government’s commitment to improving the efficiency of project delivery.

“In addition to streamlining land development procedures, we recognize the importance of promoting the adoption of innovative construction technologies and materials, implementing smart procurement strategies, and reassessing building design standards to enhance speed and efficiency. The effective execution of these measures will require collaboration from the Government, developers, consultants, contractors, and suppliers.”

Align Hong Kong Building Design Standards with Guobiao

As Hong Kong reviews and potentially updates its building standards, we should consider aligning them with best practices and industry standards in Mainland China (Guobiao) and other prominent international cities. Hong Kong can play a key role in establishing unified construction design standards for the Greater Bay Area and promoting the use of high-quality and cost-effective construction materials. Leveraging its robust business presence, Arcadis is prepared to engage in this initiative and support to Building Technology Research Institute.

Enhancing Transport Infrastructure in the Northern Metropolis

With construction of Hung Shui Kiu Station and the Northern Link Main Line commencing, Arcadis is eager to advance to the next phase of preparations for the Hong Kong-Shenzhen Western Rail Link (Hung Shui Kiu-Qianhai) and initiate the detailed planning and design of the Northern Link Spur Line.

William Fong added: “As we witness progress of the Northern Metropolis Development Strategy and the enhanced connectivity between Hong Kong and Shenzhen, the industry can seize opportunities in areas such as cost and project management, sustainability, and business advisory.”

Continue to Promote Waste Reduction and Recycling

In 2025, Hong Kong will inaugurate the commissioning of I•PARK1, the city’s first waste-to-energy facility with the capacity to process 3,000 tons of municipal solid waste daily.

The I•PARK1 project not only contributes to achieving the “Zero Landfill” goal but also spreadheads the adoption of innovative construction methods, including Modular Integrated Construction and the prefabrication of main electrical and mechanical equipment modules in Zhuhai.

William Fong concluded: “This construction approach has elevated both the quality and efficiency standards, setting a new benchmark in excellence and operational effectiveness.”

About Arcadis

Logo: https://mma.prnewswire.com/media/1838726/4978556/Arcadis_Logo.jpg

 

View original content:https://www.prnewswire.co.uk/news-releases/arcadis-supports-the-chief-executives-2024-policy-address-in-hong-kong-302281724.html

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