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Entries open for SAB Environmental Media Awards

Posted by radio On September - 2 - 2019 ADD COMMENTS

The SAB Environmental Media Awards and Environmentalist of the Year, now in its 31st year, is calling for entries.

The awards acknowledge and recognise the work of dedicated members of the South African Environmental Media who excel in their reportage of all current environmental matters, across written, photography, video and audio.

A new category, the SAB Environmental Community Award was announced last year during the 30th anniversary of the SAB Environmental Awards to recognise community-based environmental projects. Entries need to highlight the project’s successes, providing examples of best practice in order to be eligible.

 

 

“A winning entry would include the quality of the initiative, the number of people reached and/or involved. We are also looking for evidence of changed behaviour, measurable outcomes and addressing issues relating to the specific community affected,” said Zoleka Lisa, SAB VP Corporate Affairs and Sustainability SA. The prize is valued at R15 000.

 

Entrants may be nominated or self-nominated, in a 500-word motivation. The recipient will be decided on by the SAB Environmental Media Judging Panel.

 

A special award, the Nick Steele Memorial Award for Environmentalist of the Year, is also presented to the individual who the judges believe has made an extraordinary effort to look after the local environment.

 

SAB has committed to several sustainability goals to be achieved by 2025 in the areas of Water Stewardship, Smart Agriculture, Climate Action, Circular Packaging and Entrepreneurship.

 

One of these initiatives includes adopting a holistic approach to water stewardship, as part of a broader community reliant on the same water resources. “We believe it is common sense to seek a world that is cleaner and more environmentally friendly to create an atmosphere and economy that are conducive to doing business,” said Zoleka Lisa, VP Corporate Affairs and Sustainability SA, SAB. “We are striving for a better world, and are proud to recognise others who are doing the same.”

 

The categories for the SAB Environmental Media and Environmentalism Awards 2019 are as follows:

  • Written Media Award (Print and Online)

  • Photography Award (Print and Online)

  • Video Media Award (Television and Online)

  • Audio Media Award (Radio and Online)

  • The Macqubu Ntombela and Ian Player Cub Awards for environmental journalists with less than two years’ experience in the Industry (Print, Photography, Video and Audio Media categories)

  • Nick Steele Memorial Award for the Environmentalist of the Year.

All category winners will receive a cash prize of R15,000. The four winners of the Macqubu Ntombela and Ian Player Cub Awards will receive R7,000 prize money. The Nick Steele Memorial Award winner will receive R15,000.

Media Entry requirements and details

Entrants for the SAB Environmental Media Awards and Environmentalist of the Year must submit via the online portal.

  • Entries close on Friday, 13 September at 17h00.

  • Entrants are to submit work published between 01 September 2018 and 31 August 2019.

  • For information and submissions, go to sabenviromedia.co.za.

  • Entrants need to register to either enter the SAB Environmental Media Awards or nominate someone for the SAB Environmentalist of the Year and the SAB Environmental Community Award 2019.

Winners will be announced at the awards ceremony on Tuesday, 29 October 2019.

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Women are key to the future of the Crypto-Economy

Posted by radio On August - 28 - 2019 ADD COMMENTS

Paxful (https://Paxful.com) planning to expand presence in South Africa. Plans Africa-wide recruitment drive with a focus on women; The global bitcoin marketplace also becomes the first bitcoin peer-to-peer marketplace to launch an app.

 

As South Africa celebrates Women’s Month in August, global peer-to-peer bitcoin marketplace, Paxful, supports the important role that women are playing, and should continue to build on, in the innovative blockchain technology and cryptocurrency sector.

 

 

While looking into expanding its presence in South Africa, Paxful is hoping to nurture as much female talent as possible. Almost 40% of Paxful’s employees are women and the company is set to further increase female appointments in its offices across the globe, located in New York City, Hong Kong, Estonia, and the Philippines.

 

 

While overall female participation in the broader crypto-economy, according to several sources including WEF (https://bit.ly/2zslLAU), is estimated at between 1% – 5% globally, Paxful believes that growing female participation in crypto will be key to the sector’s continued innovation and success. “Women are critical to the future of the crypto-economy and we are committed to fostering more diversity and supporting efforts to attract more women to make their mark in the industry” says Ray Youssef, co-founder and CEO of Paxful.

 

 

Youseff adds: “We’ve already seen the incredible contribution that women have made to the technology sector overall as founders, developers, product managers, investors and more. The crypto-economy could greatly benefit from the rich diversity of skills, perspectives, experiences and many other unique resources that women can offer. Further, in my opinion, women are decidedly better community builders, which is a very important factor in driving a peer-to-peer economy like the crypto space. At Paxful globally, many of our senior leadership roles are held by women.”

 

 

Millenial Women

With millennials making up the bulk of Paxful’s customers in Africa, Paxful‘s recruitment drive in Africa includes a Student Ambassador Programme on tertiary institution campuses across the continent. Female participants from Johannesburg and Cape Town are already the top performers in the Programme. The Programme – made up of a series of workshops – educates and empowers youth who are interested in entering the crypto-economy and especially encourages entrepreneurship in the crypto-sector. To extend the Programme’s impact, students who participate in the initiative are financially incentivised to educate their peers about the bitcoin economy. To date, Paxful’s University education outreach has engaged more than 1000 students.

 

 

Paxful also launches a mobile app

With over 2,5 million users globally and Africa being one of its top markets, Paxful has gained valuable insights into how consumers are evolving their use of digital currencies like bitcoin. Based on these insights, Paxful has become the first global peer-to-peer marketplace to have launched an official wallet app to make buying, selling, and storing bitcoin easy and secure for customers while on the move. The app has been available since May this year for both Android and iOS devices.

 

Commenting on the app Youseff says, “Our app allows us to make our platform more accessible to communities around the world. The majority of our customers access our website through their mobile devices, and this is just another step in that direction.”

 

 

“Our goal is and always will be to empower individuals through presenting the entrepreneurial opportunities of bitcoin and peer-to-peer finance. We all have our part in levelling the playing field and to ensure equal opportunity to pioneer the peer-to-peer financial revolution,” concludes Youssef.

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African countries must act quickly and decisively to become leaders on the global economic stage. Digitalization is providing the continent with the opportunity to accelerate growth and rapidly expand struggling economies – but it’s a small window and decision-makers must get a strategy in place now in order to succeed.

 

Siemens (www.Siemens.com), in conjunction with Frost & Sullivan, have put together a comprehensive research project outlining the current state of key industries across the continent and identifying challenges and opportunities.

The study, named ‘The dawn of digitalization and its impact on Africa’, considers growth predictions and where the adoption of smart technology would be most beneficial in expanding industries to drive sustainable growth. For the purpose of this study, focus was placed on four key sectors: Water, Manufacturing, Mining and Minerals, and Food and Beverage.

 

 

Some of the key findings in the report are:

  • The adoption of digital technologies, innovation as well as a range of digital customer offerings are expected to remain varied across industries, markets and geographies. The extent and impact of digital technologies is also expected to vary, favouring businesses and industries that seek relevance and increasing contribution in international markets in addition to existing domestic markets.

  • While advanced analytics and digitalization are witnessing growing adoption across certain industry sectors, such as the automotive sector, there is a real opportunity for adoption of these across industry sectors such as the mining and food & beverage industry which are significant contributors to major African economies.

  • Manufacturing, while the most mature in its transformation and adoption of digital technologies in Africa, remains a marginal player struggling to make a bigger impact on country GDPs. The question governments need to ask themselves is how they align a ‘here-and-now’ emphasis on job creation with the necessary focus on digitalization. This will enable Africa to create a niche within the global economy. If we fail to pro-actively select our place within the global manufacturing industry, we run the risk of continuing on this path of non-industrialization.

  • In the water industry, expenditure in water infrastructure has been low when compared to the global average. Inadequate investment in infrastructure coupled with poor water utility management has resulted in a greater need for development of the water sector.

  • In the mining industry which has been witnessing subdued investment, rising cost pressures and increasing labour issues, a combination of mechanization, efficient extraction of resources and better use of data can make it easier for mine operators to cut costs and create a leaner and more efficient mining operation. As such, the successful incorporation of technology will be possible through collaborative efforts of technology providers, industry, research institutes and organizations that work for uplifting the mining industry.

  • A stable supply of electricity is critical for digitalization to flourish. By providing high levels of infrastructure and power supply, Africa will be able to attract the necessary investment across various industry sectors.

 

 

 

The urban population in Africa is expected to grow to 56% in 2050, from 35% in 2010. This rapid urbanization will require robust infrastructure to ensure these expanding cities are hubs of growth and commerce, and not still trying to catch up with basic necessities.

 

 

According to Ralf Leinen, Senior Vice President Digital Industries for Southern and Eastern Africa, “For the first time in history we have an incredible opportunity to use smart technology to transform entire economies at an unprecedented rate. Africa needs to get efficient strategies in place now in order to succeed.”

 

 

In the wake of changing business dynamics, rapidly evolving technology and increasing competition, collaborative efforts between governments, industry, businesses (local and international), labour and academia is vital for creating an environment that is conducive to developing sustainability of local businesses, encourages technology upskilling, innovation, knowledge sharing  and execution.

 

 

 

The findings from the study are just a starting point. Siemens hopes it will begin a dialogue and provide a framework to some of the unique opportunities that exist.

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A newly revamped and focused DISCOP JOHANNESBURG program will see a scope that goes beyond content buying and selling. In line with DISCOP Market’s vision to promote the commerce and co-production of multi-screen entertainment content across Africa, the upcoming edition, to be held from 20 to 22 November, will put a strong emphasis on African television projects in development, partnerships with South Africa, the booming animation sector, and the export of content produced on the continent.

As co-production in international television expands, Africa can play an increasingly influential role in getting projects off the ground. Competitive incentive programs are already available in countries such as South Africa, Kenya and Senegal, and this year’s edition of DISCOP JOHANNESBURG will focus extensively on African content producers, with solid works in progress, to reach out to key players in Africa and beyond who could bring added value to projects in development.

 

 

“Not since the invention of television has Africa exercised such an influence on the creation of original multiscreen content.” Says Patrick Zuchowicki, President of DISCOP, who adds, “This year’s DISCOP JOHANNESBURG will see three times more projects with cross-border potential brought to the market by African producers than in 2018.”

 

 

The renewed focus on works in progress and fostering co-productions will be brought to life via the side-bar DISCOPRO program that will see more than 50 speakers, including many intrepid disrupters, on stage for panel discussions around the eight key pillars of the industry’s current transformation: What buyers actually want; Exporting African content; The content monetization challenge; Stop fake news; Empowering women in media; The united world of animation; The nascent and super fast-growing video gaming competition sector; Why dubbed content is so important.

 

 

In an important addition to the program, sixteen works in progress of international standard and with a set delivery date will be pitched by their producers in front of key regional and international industry players that can help these projects take off. They will be regrouped into four categories: TV series, Formats, Documentary, and Animation.

Sponsored by The Africa Channel, a series of masterclasses and a panel discussion led by experts from around the world will address how independent producers can export their content and best adapt to the fast-paced world of multicultural television. Four sessions will provide a rapid course of study on what makes a project aimed at multicultural audiences actually sell in today’s challenging environment.

 

 

“Broadcasters, premium cable channels and streaming platforms from around the world are starting to recognize the value of African content.” Says Narendra Reddy, General Manager, The Africa Channel, who adds, “however, producers on the continent need to be proactive and actively participate in creating opportunities for distribution. Furthermore whilst production should continuously evolve to a global standards in terms of technical quality, producers should endeavor to develop stories that are authentic, local and culturally specific”

 

 

With many high-profile international TV series being shot in South Africa, a tutorial track will put under the spotlight the country’s rebates system and examine the benefits available through coproduction treaties that exist between South Africa and The United Kingdom, France, Germany, Canada and Australia.

 

 

Intertwined in the general agenda, presentations by the likes of SES, ITV, Pomegranate Media, Agence France Presse, Al Jazeera, Ubongo, Shoot Cameroon and Vubiquity will explore future opportunities and deliver further insights on the state of the industry.

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The Best S Pen Yet

Posted by radio On August - 20 - 2019 ADD COMMENTS

Samsung latest additions to its flagship Note PowerPhone series, the Galaxy Note10 and Note10+, and tablet range, the Galaxy Tab S6, are purposefully-built power devices that enable you to live, work and play with utmost productivity. But a feature of both series that is key to helping you unlock your creativity and providing you with a truly seamless device experience is the S Pen.

 

 

Take a look at the infographic below for more information on the full capabilities of the S Pen for the Galaxy Note10 and the Galaxy Tab S6.

First introduced alongside the initial Galaxy Note in 2011 and introduced more recently to the Galaxy Tab range, the S Pen has evolved over the years to become the ultimate tool, providing enhanced creativity and increased usability of your device. Now, the Galaxy Note10’s S Pen has been re-designed to help users unlock the full power of their device.

 

The latest S Pen features a sleek unibody design and 10 hours of usage on a single charge thanks to its 350uAh lithium-titanate battery that provides high stability and resilience against external forces. The S Pen now also supports intuitive gesture recognition with S Pen Air actions so that you can always be completely in control. Thanks to its 6-axis sensor (which consists of three velocity sensors and three gyro sensors), S Pen Air actions let users take pictures, zoom in and out and switch camera perspective with a simple gesture, as well as change content and volume in multimedia apps with ease.

 

 

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TAC Studios, the production arm of The Africa Channel announces the appointment of Mokopi Shale to the position of Senior Development Producer, as part of the Studio’s growing Africa-based team in Johannesburg.

Brendan Gabriel, Vice President of Production & Creative Director, said, “We are extremely pleased to have Mokopi Shale join our creative team.  Mokopi’s expertise in book adaptation, scripted development and production in Africa is a valuable asset in support of our mission to raise awareness and export African-influenced content to the world. Mokopi will be involved in all aspects of development, financing, production and global distribution.  In addition, she will play a key role in acquiring multicultural content for Demand Africa, The Africa Channel’s global OTT platform.”

 

Ms Shale said, “I am excited to join The Africa Channel as Senior Development Producer.  This is particularly exciting as it would allow me to work with writers and producers from across the world, to develop authentic and reflective representations of Africa for global audiences.  I believe that with the rise of global streaming platforms and new methods of distribution there is a growing appetite for content that speaks to and represents Africans across the diaspora. I am always eager to learn, share ideas, and work with others to see what magic we can produce, and I believe this job will provide me with that opportunity.”

 

Mr Gabriel added, “Mokopi’s appointment reflects The Africa Channel’s continued commitment to investing in talent in Africa, and her invaluable experience will escalate our ability to develop original content, identify books for adaptation, evaluate concept submissions and implement co-development initiatives.

 

MOKOPI SHALE BIO: Mokopi Shale is an all-around talent with on-screen, production, scriptwriting and development skills in her portfolio. She started her career in media as a radio drama actress in 1998 and worked for several years on-screen as a TV presenter. She made the shift to production after joining Ochre Moving Pictures, where she created and sold television and corporate projects for the company.

 

Ms Shale was then appointed as a Commissioning Editor at SABC, where she managed dramas including, Generations and miniseries such as Entabeni and Ubizo. During her tenure as Head of Story, SABC Dramas enjoyed both critical and popular acclaim, amassing an audience share in excess of 60 percent resulting in significant advertising revenue for SABC.

 

Mokopi subsequently started Fuze Films which was awarded a contract for a slate of Films by the NFVF. She was instrumental in writing Box Office Hit, Mrs Right Guy ­which was the fourth highest grossing film at the South African box office in 2016.  She wrote and produced, Love Lives Here which was released in April 2019.

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Advertising Week Africa (http://Africa.AdvertisingWeek.com/) – the very first African edition of the world’s premier event for advertising, creative, entertainment, marketing, media and technology professionals – will be held in Johannesburg from Monday 28 to Thursday 31 October 2019 at 1FOX Precinct.

 

Among the inaugural edition’s confirmed speakers include:

Jean Marie Dru – Chairman, TBWA Worldwide

Kwame Acheampong – CEO, Mall for Africa

Lolu Akinwunmi – Group CEO, Prima Garnett, Africa

Faheem Chaudry – Managing Partner, MC Saatchi Abel, SA

Colleen DeCourcy – Co-President and Chief Creative Officer, Weiden + Kennedy

Jeff Goodby – Co-Chairman and Partner, Goodby Silverstein & Partners

Enver Groenewald – Africa Director: Media, Marketing & Enterprise Digital Transformation , Unilever

Thebe Ikalafeng – Founder and Group CEO, Brand Leadership

Monique Nelson – CEO, UWG

Ikechi Odigbo – Managing Director, DDB Lagos

Asha Patel – Head of Marketing, Google SA

Boniswa Pezisa – Group CEO, Net#work BBDO

Thabang Skwambane – Managing Director, FCB Africa

Jimmy  Smith – Founder & CEO, Amusement Park

Wole Soyinka – Renowned Author and Nobel Laureate

 

 

Led globally by Stillwell Partners and on the ground in Africa by Republicom Group, Advertising Week Africa (http://Africa.AdvertisingWeek.com/) 2019 brings a new, outstanding destination, joining the five other global cities as a place to recognise, celebrate and amplify Africa’s contribution to the global industry.

 

 

Over the past 15 years, Advertising Week events have provided the biggest platforms to showcase innovative approaches to the creative crafts, new collaborations and partnerships and next-generation thought leadership across the global marketing and advertising industry. Johannesburg now shares the stage with powerhouse cities, such as New York, London, Sydney, Tokyo and Mexico City, as the host of the prestigious four-day gathering, which will for the first time put Africa’s thriving creative industry on the global stage.

 

 

 

Advertising Week’s CEO Matt Scheckner says: “Many of the positive cultural shifts that we have seen in art, music, entertainment and film originate from Africa. It’s the perfect time to provide the international platform to share authentic African stories and showcase thought-provoking marketing and technological innovations sweeping the continent. It’s an exciting opportunity to bring internationally recognised professionals together with emerging talent to exchange ideas about how this vibrant continent is shaping global trends.”

 

 

“For us, Advertising Week provides a great platform to tell authentic African stories and showcase the great marketing and technology innovations and breakthroughs that has come out of Africa” said Tunji Adeyinka, Republicom Group Managing Director and Chair the Advertising Week Africa Advisory Council.

 

 

The first #AWAfrica (http://Africa.AdvertisingWeek.com/about/) will be held at 1Fox, FerreirasDorp, in centre-city Johannesburg from 28th to 31st October 2019. The inspiring, forward-thinking four-day programme, which is expected to attract 4,000 attendees, will include more than 100 curated events and involve over 200 leading speakers. Each day will feature the Global Keynote Series – a selection of thought leaders from around the world, who will share their high-level perspectives ranging from brands to cultural icons, agencies to tech companies. In addition, the #AWLearn workshops will offer intimate teaching and learning experiences, where delegates can interact with presenters to not only gain new knowledge, but walk away with actionable plans to position them at the industry’s leading edge.

 

 

Registration and tickets for Advertising Week Africa 2019 will be available on the website.

#AWAfrica packages include:

 

  • Platinum Pass: R10,350 for launch priced tickets

 

  • Delegate Pass: R4,200 for launch priced tickets

 

  • NewGen Pass: R1,300 for launch priced tickets

 

 

To register, please visit Africa.AdvertisingWeek.com/register

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Samsung Announces Second Quarter 2019 Results

Posted by radio On August - 15 - 2019 ADD COMMENTS

Samsung recently reported financial results for the second quarter ended June 30, 2019. The Company posted KRW 56.13 trillion (R673.46 billion) in consolidated quarterly revenue and KRW 6.6 trillion (R79.1 billion) in quarterly operating profit. The weakness and price declines in the memory chip market persisted as effects of inventory adjustments by major datacentre customers in the previous quarters continued, despite a limited recovery in demand. The Display Panel Business reported improvement due to a one-off gain in mobile displays and stronger sales of rigid OLED panels, which offset losses from large displays.

The Mobile Business posted stronger shipments on new mass market models but was overall weighed down by slower sales of flagship models and increased marketing expenses. The Network Business posted solid results on the commercialisation of 5G service in South Korea. The Consumer Electronics Division was boosted by strong sales of new appliance products and improved profitability of refrigerators and washing machines, although profits from TVs fell slightly YoY due to intensifying competition. Looking ahead to the second half, Samsung expects persistent uncertainties in the memory business, although demand is seen growing further on strong seasonality and adoption of higher-density products. For system semiconductors, higher demand in mobile APs, image sensors and display driver ICs (DDIs) is also expected to be seen.

 

For displays, new smartphone product launches are set to help mobile display earnings but overall sluggish demand in the broad smartphone market may limit upside potential. As competition in the smartphone market is seen increasing in the second half, Samsung plans to enhance its product line-up and expand sales of new mass market models. The Network Business will prioritise building the foundation for its global 5G business expansion. The Consumer Electronics Division expects a seasonal boost in TV sales and will focus on premium models, while offering new appliances such as Bespoke refrigerators and AirDressers.

 

The Company is facing challenges from uncertainties not only in business areas but also from changes in the global macroeconomic environment. Samsung will, however, continue to invest in enhancing business capabilities and future technologies, including 5G, system semiconductors, artificial intelligence and automotive components, for longer-term growth. In the second quarter, Samsung Electronics’ capital expenditure stood at KRW 6.2 trillion (R74.3 billion), including KRW 5.2 trillion (R62.3 billion) spent on semiconductors and KRW O.5 trillion (R5.9 billion) on displays. Total capital expenditure in the first half was KRW 10.7 trillion (R128.0 billion) including KRW 8.8 trillion (R105.5 billion) for semiconductors and KRW O.8 trillion (R9.5 billion) for displays. The main portion of the Company’s 2019 capex is earmarked for building infrastructure to address demand beyond 2019, and a larger percentage of this year’s investment will be made in the second half.

 

Semiconductor Sees 2H Demand Recovery Amid External Uncertainties

 

The Semiconductor Business posted consolidated revenue of KRW 16.09 trillion (R193.05 billion) and operating profit of KRW 3.4 trillion (R40.7 billion) for the quarter. Despite weak market conditions, the Memory Business saw demand for NAND and DRAM increase as mobile and storage applications continued to adopt higher-density products and as datacentre customers resumed purchasing. In the second half, demand is expected to grow although the Company sees volatility in the overall industry due to increased external uncertainties.

 

For NAND, demand for high-density, high value-added datacentre and mobile storage is likely to continue to grow and the market is expected to gradually stabilise from the third quarter. In SSD, deployment of high-density, high-performance products for datacentres will expand, while demand for mobile applications is expected to increase with the release of high-end smartphones with storage of more than 128GB. The Company will focus on strengthening competitiveness in the premium market and plans to mass produce 6th generation V-NAND this year.

 

For DRAM, overall demand is expected to increase due to seasonal effects amid external uncertainties. Server demand is expected to increase gradually as customers adjust their inventory levels and resume purchasing, while PC demand is also likely to expand. Memory demand from mobile applications is expected to show a steady increase due to the launch of new models from major customers and the trend toward high-density products. The Company plans to actively address customer demand through a flexible product mix and maintain technical leadership with the ramping up of 1Y-nm products.

 

For the System LSI Business, earnings were solid as demand increased for multiple cameras and high-resolution, large-pixel image sensors. The Company also increased the supply of 5G chipset solutions and continued to develop a next-generation one-chip 5G System-on-Chip for future technology leadership. In the second half, demand for mobile AP, image sensor, and DDI products is expected to grow on stronger smartphone seasonality. Looking ahead, Samsung plans to increase the supply of high value-added products including 64MP image sensors and EUV 7-nm APs and also diversify product offerings by developing 3D/fingerprint-on-display sensors and chips for automotive and IoT applications.

 

For the Foundry Business, results were robust on the back of strong demand from a major customer’s 8/10-nm mobile AP and image sensor products. In addition, new orders from customers increased in the 10/14-nm process and applications diversified to include mobile, HPC, automotive and network products. In the second half, earnings growth is expected to continue due to the ongoing expansion of orders for AP, image sensors and DDI as well as increased demand for HPCs, including crypto currency mining chips. The Company plans to start mass production of EUV 6-nm process and aims to strengthen its competitiveness through tape-out of the EUV 5-nm process and by completing 4-nm process development.

 

Display Sees Further Improvement in 2H

 

The Display Panel Business reported KRW 7.62 trillion (R91.42 billion) in consolidated revenue and KRW 0.75 trillion (R8.99 billion) in operating profit for the quarter, returning to a profit from the previous three-month period thanks to a one-time gain and a gradual recovery in customer demand. Mobile display earnings increased, led by higher shipments of OLED panels featuring new technologies such as fingerprint-on-display and hole display. Large display sales also saw a slight improvement from the previous quarter on demand for premium panels and reduced costs.

 

Looking ahead to the second half, Samsung expects a further recovery in mobile displays from stronger sales and higher production, as major customers are planning to launch new products. Demand for OLED screens is seen to grow steadily as the smartphone industry increasingly adopts slimmer displays to accommodate 5G-enabling components. Samsung will continue to incorporate more value-added features into its panels and improve production efficiency, while closely monitoring and responding to global macroeconomic uncertainties and their potential negative impact on the market.

 

For large displays, despite growing demand for premium TV panels, continued capacity expansion in the overall LCD industry is likely to weigh on market conditions. Samsung will continue efforts to improve profitability by focusing on premium TV panels and expanding in other applications such as monitors and Public Information Display.

 

Mobile to Enhance Flagship Line-up and New Galaxy A series

 

The IT & Mobile Communications Division posted KRW 25.86 trillion (R310.27 billion) in consolidated revenue and KRW 1.56 trillion (R18.7 billion) in operating profit for the quarter. While the overall market saw demand for smartphones decline due to the negative macroeconomic environment and seasonal weakness, Samsung’s smartphone shipments increased QoQ led by strong sales of the new Galaxy A Series, including the Galaxy A50 and A70. However, sales of flagship models fell QoQ on weak sales momentum for the Galaxy S10 and stagnant demand for premium products.

 

Increased costs associated with growing competition in the mid- to low- end segment and inventory adjustments of older models resulted in a drop in profit for the Mobile Business. On the other hand, earnings for the Networks Business improved thanks to the expansion of commercial 5G service in South Korea and LTE networks in overseas markets. In the second half, the overall mobile market demand is expected to remain weak due to growing uncertainties over the global economy and trade. Samsung will continue to strengthen its flagship line-up and increase sales of new mass market models. The Company will promptly respond to the changing business environment, and step up efforts to secure profitability by enhancing efficiency across development, manufacturing and marketing operations.

 

In the third quarter, Samsung will focus on successful launches of new innovative products – the Galaxy Note 10 and Galaxy Fold. It will enhance the 5G smartphone line-up to take the lead in the new market and introduce more competitive A series models in the second half to extend the ongoing positive momentum in mass market smartphone sales. The Network Business will continue to solidify its position in the global 5G market, leveraging its leadership in the 5G service commercialisation in South Korea and the United States.

 

Consumer Electronics Boosted By Digital Appliances

 

The Consumer Electronics Division, comprised of the Visual Display and Digital Appliances businesses, recorded KRW 11.07 trillion (R132.82 billion) in consolidated revenue and KRW 0.71 trillion (R8.51 billion) in operating profit for the second quarter of 2019. Earnings for the Visual Display business edged down both QoQ and YoY due to intensifying price competition in the market. However, Samsung’s product-mix improved in the second quarter via early launches of new models and the expansion of premium product sales such as QLED and super-large screen TVs.

 

Despite negatives such as unfavourable foreign exchange rates in some emerging markets and increasingly protective global trade practices, conditions in the TV market are expected to stay largely unchanged in the second half of 2019. Samsung plans to maximise end-year sales through close cooperation with retail partners and cementing the 8K leadership by positioning QLED 8K TVs as mainstream TVs. For the Digital Appliances business, profits grew significantly YoY thanks to improvements in the profitability of key appliances like refrigerators and washing machines. Strong summer demand of air conditioners including Samsung’s Wind-Free Air Conditioneralso contributed to robust sales.

 

Through the rest of the year, Samsung will focus on marketing new lifestyle products for consumers, such as Bespoke refrigerators and AirDressers. The Company will also continue to strengthen the B2B business which includes built-in appliances and system air conditioners.

 

Consolidated Sales and Operating Profit by Segment based on K-IFRS (2017~2019 2Q)

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The MTN Bushfire 2020 Experience Starts Now!

Posted by radio On August - 15 - 2019 ADD COMMENTS

Pre-Register from August 16th for Early Bird Tickets

 

For the past five years, MTN Bushfire has been sold out well in advance of the event, leaving many festival fans disappointed and unable to take part in Africa’s largest and most diverse festival of music and the arts.

Avoid disappointment in 2020 and pre-register to stand a chance to secure your discounted Early Bird tickets to MTN Bushfire 2020, which will take place from Friday May 29 to Sunday May 31, 2020.

 

For the 13th edition in 2019, nearly 30,000 admissions saw guests from over 60 different countries converge on the peaceful Malkerns Valley, with many disappointed fans unable to get tickets.

 

The MTN Bushfire experience is a unique, energizing and uplifting weekend that celebrates the music, cultures, and the arts of Africa and beyond. Make sure you are part of the MTN Bushfire 2020 experience which is guaranteed to be amazing, and register now to get your chance for Early Bird tickets.

 

Exclusive access to these discounted tickets will be reserved for those who pre-register ONLY. This will be the only opportunity to access these Early Bird tickets, which will go on sale on September 11th, 2019.

 

To pre-register, visit www.bush-fire.com but please note that pre-registration does notguarantee tickets as there are only limited early bird tickets available. Those that have registered will receive a notification in order to enable their purchase of MTN Bushfire 2019 early bird tickets online. Tickets must be bought and paid for within a 2-day period.

 

Phase 1 tickets will be available from September 16th 2019. Various camping and travel packages will also be available to book along with your early bird ticket from the MTN Bushfire Festival website.

 

For ticketing queries, please email tickets1@nutickets.co.za or call +268 2528 2040. For further information about MTN Bushfire, please email communications@bush-fire.com.

 

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Ekasi Lam musical is here!

Posted by radio On August - 15 - 2019 ADD COMMENTS

Kiri Pink Nob in proud association with the Centre for the Less Good Idea proudly present a new offering from writer and director J.Bobs Tshabalala – Ekasi Lam’, a work that he has dubbed the Kwaito-Anti-Musical. Tshabalala and Bernett Mulungo, the Musical Director and Composer – who also appears in the work as a pianist, have co-written and ode to Mzansi Township Life and the music that best encapsulates the lokishi – Kwaito.


The cast is a fierce ensemble of six, comprising of Andisiwe Mpinda, Kopano Tshabalala, Gugu Dhlamini, Mathews Rantsoma, Lucky Ndlovu and Simpho Mathenjwa. Set in a high school in the South Western Townships, this production seeks to use Scamtho Poetry as a vehicle to tell a unique township story about South African Kwaito, and how its vast catalogue has offered timeless nuanced vignettes and a myriad of insights about how the majority of Mzansi are living. It is an introspective look at ourselves, through our most refined lens of art. As odes go, they are lyrical, emotive texts of praise – and Kwaito is just that to Black Life.

 


We meet an enigmatic Dr Tlale, a dedicated Principal with the vision of building the most advanced school in Soweto. A former learner of his who now teaches at the school, the feisty Ms Feni, looks to be a part of growing this vision by contributing a new way of looking at Poetry and how it is taught – this by introducing Kwaito to the literary syllabus. Boipelo, Liyana, Malibongwe and Khumo are the pupils whose lives sit in the actual reality of these two grand dreamers. All else, is Kwaito, for it is as though every song fossilizes unique urban memories into its every grove and pattern that weaves it. For Scamtho. For Ringas. For Kwaito.

 


Why this play? Why now? Jefferson says: “Kwaito music is inescapable in this country. It is ours. A creation that was, and continues to be authored by the Black Lived Experience, and it engages Black Life. In Kwaito, we have a national treasure. A monument to the Township, and to Black Life. In this era where we are in need of proposing compelling “new” offers to the existing and potential Theatre Going Market, we ought to meet abantu where they are, and Kwaito is that place. They know it. They love it. Simple. There is immense potential however in the Theatre for us to subvert the genre and create a truly magical experience that adds layers to the form even further. To advance!” – J.Bobs Tshabalala.

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