AUCKLAND, New Zealand, Aug. 28, 2014 /PRNewswire/ — Frost & Sullivan held its inaugural New Zealand Excellence Awards on 28 August 2014 at Villa Maria, presenting a total of 18 awards to companies across the industries of Food, Energy and Power, Healthcare and Information Communication Technologies.

Recipients of the 2014 Frost & Sullivan New Zealand Excellence Awards

Recipients of the 2014 Frost & Sullivan New Zealand Excellence Awards

The New Zealand Excellence Awards will be an annual event to honour companies that have demonstrated outstanding achievement and superior performance in their respective market segments.

“We are very proud to host the annual awards in New Zealand to celebrate the achievements of New Zealand companies. Frost & Sullivan’s awards play an important role recognising those who are driving innovation and achieving best practices across various industries in the New Zealand market. This is our first year of awards in New Zealand, and we are pleased to be able to recognise exceptional accomplishments and exemplary achievements in several of the markets we operate in,” said Andre Clarke, Country Manager, Frost & Sullivan New Zealand.

He added, “The awards reflect a lot of hard work by the recipients, and Frost & Sullivan is pleased to confer these awards in acknowledgment of this. We hope these awards encourage market players to continue to strive for greater success across industries.  As we continue to identify companies deserving distinction, I am confident that this awards banquet will continue to grow and be the most anticipated event of the year by the local business community.”

Award recipients for the 2014 New Zealand Excellence Awards were identified based on extensive secondary research conducted by Frost & Sullivan’s analysts, in-depth interviews and analysis. In order to identify best practices, companies are typically studied on their revenues, market share, capabilities, product or service innovation and overall contribution to the industry.

Frost & Sullivan congratulates all the recipients of the 2014 New Zealand Excellence Awards.

2014 Frost & Sullivan New Zealand Excellence Awards Recipients

Category

Award Recipient

————–

————————-

Energy & Environment

———————————–

2014 Asia Pacific Customer Value

Enhancement Award in DC Power

Systems

Enatel Ltd

—————————————————–

—————-

2014 New Zealand Energy Management

Services Company of the Year

ABB Limited

—————————————————————

——————-

2014 New Zealand Electric Vehicle

Charging Company of the Year   

Juicepoint

——————————————————-

—————-

2014 New Zealand Smart Grid

Solutions Company of the Year  

Silver Spring Networks

————————————————-

———————————-

2014 New Zealand Facilities

Management Company of the Year  

ISS Facility Services

——————————————————–

——————————–

Healthcare

—————–

2014 New Zealand Mobile Health

Company of the Year         

Vensa Health

—————————————————–

——————–

2014 New Zealand Medical Imaging

New Product Innovation Leadership

Award                            

Aranz Medical Limited

——————————————————–

———————————–

2014 New Zealand Aged Care Industry

Emerging Company of the Year     

Bupa Care Services

————————————————————

——————————

2014 New Zealand Aged Care Company

of the Year                     

Ryman Healthcare Ltd

—————————————————————

———————————-

Food

——–

2014 New Zealand Animal Nutritional

Feed Company of the Year      

Alltech

———————————————————–

———–

2014 New Zealand Nutraceutical

Company of the Year        

Vitaco Health

—————————————————

———————

2014 New Zealand Edible Oil Company

of the Year                     

The Village Press

————————————————————–

—————————-

Information and Communication Technology

———————————————————————-

2014 New Zealand Network Security

Vendor of the Year               

Check Point Software Technologies

——————————————————–

——————————————————–

2014 New Zealand Enterprise

Telephony System Integrator of the

Year                               

Cogent Limited

——————————————————-

————————

2014 New Zealand Contact Center

Outsourcing Service Provider of

the Year                         

Datacom

——————————————————

————-

2014 New Zealand Unified

Communications System Integrator

of the Year                            

Spark Digital

——————————————————-

——————–

2014 New Zealand Hosted Contact

Center Service Provider of the

Year                             

Spark Digital

——————————————————

——————-

2014 New Zealand Data Center

Hosting Service Provider of the

Year                              

Spark Digital

————————————————-

——————-

For more details on the 2014 New Zealand Excellence Awards log-in to http://www.frost-apac.com/newzealandawards. You may also connect with Frost & Sullivan on social media, including Twitter, Facebook, SlideShare, and LinkedIn, for the latest news and updates.  We also invite you to join the conversation using @FrostSullivanAP.

The 2014 Frost & Sullivan New Zealand Excellence Awards was held in conjunction with the Growth, Innovation and Leadership (GIL) Congress 2014: New Zealand.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies? Contact us: Start the discussion

Contact:

Donna Jeremiah
Corporate Communications — Asia Pacific
P: +61 (02) 8247 8927
F: +61 (02) 9252 8066
E: djeremiah@frost.com

http://www.frost.com

Photo – http://photos.prnasia.com/prnh/20140828/8521404859

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Latest ICT Solutions for Smart Grids Showcased at Huawei’s Global Power Industry Summit

BRISBANE, Australia, Aug. 21, 2014 /PRNewswire/ — Huawei, a leading global information and communications technology (ICT) solutions provider, hosted its second Global Power Industry Summit in Brisbane, Australia from August 21 to 22, 2014. Themed “Innovative ICT Empowers Better Connected Smart Grids,” the event gathered representatives from power companies, industry organizations and the academic community from around the world to share insights and best practices on building connected smart grids and explore upcoming trends in the power industry.

The event included a number of keynote presentations and roundtable sessions including the first keynote session themed “Future Electricity Needs a Better Connected Smart Grids,” where executives from an Australian power company and Ethiopian Electric Power Corporation delivered insightful presentations on using smart grids to achieve enhanced response time and integrating IT and OT (Operation Technology) for power grids. 

As part of the event, Huawei and IDC also released a joint report titled “Innovative ICT Empower a Better Connected Smartgrid,” and Christopher Holme, Senior Analyst of International Data Corporation (IDC) spoke about the role of innovative ICT technology in building better connected power grids.

“A better connected smartgrid has four major features. Firstly, it should be interactive and compatible with renewable energy resource, then it requires a smarter dispatch that could adjust the electricity tariffs that regulate power consumption demands. At the meantime, IT and OT will be coordinated in the future that ask for a consolidated grid, and there is one pre-condition underlying these features, which is a robust and self-healing capability. A better Smart Grid will be a fully-connected grid that provides electricity everywhere at every second, and utilizes every watt,” said Mr. David He, President of Marketing and Solution Sales, Huawei Enterprise Business Group.

At the event, Huawei showcased four innovative ICT solutions for better connected smart grids.

  • Power Transmission Communications Solution: Strong & Reliable backbone transmission, one net carries all businesses
  • Power Distribution Automation Solution & AMI Solution: Wired & Wireless agile access, fulfill all scenarios requirements
  • Network Intelligence Protection System: Ensures secure and smooth operations
  • Distributed Cloud DC: Flexible & Efficient Distributed Cloud DC establish a solid foundation

Currently, Huawei’s ICT products and solutions have been deployed by more than 160 power companies around the world and the company is a leader in deploying commercial eLTE-based power distribution solutions. Its power communications transmission solutions have been deployed in China, Southeast Asia, Middle East, North Africa and Europe.

For more information about the Summit, please visit:
http://enterprise.huawei.com/topic/2014powersummit/index.html

About Huawei

Huawei is a leading global information and communications technology (ICT) solutions provider with the vision to enrich life through communication.

Contact:

Maggie Zhang
+ 86 755 8924 7562
Email: zhangxin83@huawei.com

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STOCKHOLM, Aug. 19, 2014 /PRNewswire/ — Earlier this year the EU Parliament adopted a new public procurement directive. The directive makes it easier for purchasing contracts – including those for IT products – to include requirements for social and environmental responsibility from electronics manufacturers. Member countries have until 2016 to implement the new directive.

(Logo: http://photos.prnewswire.com/prnh/20120910/559379-a)
(Photo: http://photos.prnewswire.com/prnh/20140819/700848)

The EU Parliament has signaled that social and environmental factors are now a priority in public purchasing. The use of relevant labels and certifications, such as TCO Certified, is encouraged, along with verification of product compliance. Buyers can now more easily take a sustainable, life cycle approach to the purchase of computers, smartphones and other electronics.

“We’re excited to follow the implementation of this directive,” comments Gabriella Blomgren, Marketing Director at TCO Development. “It provides needed support for EU buyers wanting to make sustainable choices, with the help of labels and certifications.”

Public purchasing in the EU is valued at 2000 billion Euros annually – approximately 20 percent of GDP. With the new directive, the public sector is now poised to make a significant contribution to sustainable development.

IT products such as notebook computers, tablets and smartphones are linked to several sustainability challenges, including environmental hazards and poor working conditions in electronics manufacturing facilities.

Blomgren concludes, “It’s important that buyers make their demands known to industry. When brands see there is a demand for sustainably, responsibly designed and made products, change for the better is more likely. TCO Certified offers manufacturers a way of making products that meet these new buyer demands and offers buyers a way of choosing the best products from a lifecycle cost perspective.”

About TCO Development 

TCO Development advances sustainable IT and is the organisation behind TCO Certified, the third party sustainability certification for IT products. Professional IT purchasers worldwide choose TCO Certified products as part of their sustainable IT strategy. Products achieving TCO Certified meet a broad series of criteria to ensure that manufacturing, use and recycling is carried out with consideration for environmental, social and economic responsibility. TCO Certified is available for displays, notebooks, tablets, smartphones, desktops, all-in-one PCs, projectors and headsets. TCO Development is headquartered in Stockholm, Sweden, with regional presence in North America and Asia.

Contacts:
Gabriella Blomgren, gabriella.blomgren@tcodevelopment.com
Mobile: +46-70-635-83-51

Press:
Anna Pramborg, anna.pramborg@tcodevelopment.com
Mobile: +46-70-667-64-04

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Profit attributable to owners of the parent was approximately HK$169 million

Gross profit margin for Q2 in the PRC Market increased to 24.0% from 18.9% of the same period last year

Speed up its transformation to become a global entertainment technology enterprise

HONG KONG, Aug. 14, 2014 /PRNewswire/ —

Highlights:

  •  For the six months ended 30 June 2014:
    • Turnover amounted to approximately HK$15,203 million, down by 15.9% year-on-year.
    • Gross profit amounted to approximately HK$2,382 million, down by 16.1% year-on-year. Operating profit was approximately HK$309 million, down by 6.6% year-on-year. 
    •  Net profit after tax from continuing operations was approximately HK$168 million, down by 13.8% year-on-year. Profit attributable to owners of the parent from continuing operations was approximately HK$169 million, down by 12.4% year-on-year.
  • For the three months ended 30 June 2014:
    • Benefited from optimization of its product mix with the launch of a series of large-sized and high-end new products, gross profit margin for the second quarter in the PRC Market increased to 24.0% (Q2 2013: 18.9%).
    • Operating loss for the Overseas Markets significantly lowered to approximately HK$12 million from approximately HK$60 million for the same period last year.
  • Continued to speed up its strategic transformation to become a global entertainment technology enterprise with the implementation of “double +” strategy:
    • Officially completed capital injection into Huizhou Kuyu Network Technology Co., Ltd. (“Kuyu”) in June 2014 and gained an immediate access to the online-to-offline (O2O) platform, which ensures rapid development of electronic commerce business by operating through Kuyu’s electronic commerce platform.
    • To achieve further breakthroughs in establishing recurring income streams and revenue-sharing model for its businesses, the Group launched game console T2 during the period, and jointly established a cross-industry “TCL Game TV Ecosystem Strategic Alliance” with dominant players in other industries to develop a double-screen integrated game platform. Meanwhile, the Group debuted its new product, 7V Box in July this year. Its ultimate premium appearance and control experience, the innovative cross-screen interactive function, as well as the vast volume of video game content raised the eyebrows of industry peers and consumers.
    •  Extended the “TCL-iQIYI TV+” (“TV+”) product line and further enriched the TV+ platform and introduced TV+ new products.

TCL Multimedia Technology Holdings Limited (“TCL Multimedia” or “the Group”, HKSE stock code: 01070) today announced its unaudited consolidated interim results for the six months ended 30 June 2014.

Performance Overview

For the six months ended 30 June 2014, the Group recorded a turnover of approximately HK$15,203 million, down by 15.9% year-on-year. Gross profit amounted to approximately HK$2,382 million, down by 16.1% year-on-year. Gross profit margin remained flat year-on-year, gross profit margin of the second quarter increased to 18.5% from 13.0%. Expense ratio remained flat year-on-year. Operating profit was approximately HK$309 million, down by 6.6% year-on-year. Net profit after tax from continuing operations was approximately HK$168 million, down by 13.8% year-on-year. Profit attributable to owners of the parent from continuing operations was approximately HK$169 million, down by 12.4% year-on-year. During the period, the Group recorded a one-off gain of approximately HK$159 million from the closure of certain subsidiaries. The Group’s basic earnings per share and basic earnings per share from continuing operations were HK12.78 cents and HK12.78 cents, respectively (Basic earnings per share and basic earnings per share from continuing operations in the same period of 2013: HK19.11 cents and HK14.51 cents, respectively).

For the first half of 2014, the Group sold a total of 7.56 million sets of LCD TVs, down by 2.0% year-on-year. The Group sold 3.56 million sets of LCD TVs in the PRC Market, down 21.7% year-on-year, and 4.00 million sets of LCD TVs in the Overseas Markets, up 26.1% year-on-year, of which the sales volume of LCD TVs in the Strategic OEM business grew by 109.1% year-on-year to 1.38 million sets. According to the latest DisplaySearch report, in the first quarter of 2014, the Group ranked No.5 in the global LCD TV market with a market share of 5.4%. Meanwhile, the Group ranked No.3 in the PRC LCD TV market with a market share of 16.0%.

The PRC Market

Due to the continuing weak market demand, delays in launches of new products in the first quarter as well as the withdrawal of energy saving home appliances subsidy policy in the end of May last year, the sales volume in the PRC Market was below expectations. Nevertheless, the Group continued to optimize its product mix with the launch of a series of large-sized and high-end new products, resulting in a significant improvement in its results for the second quarter. The gross profit margin for the second quarter in the PRC Market increased to 24.0% from 18.9% of the same period last year, up by 5.1 percentage points year-on-year.

In the first half of 2014, the Group launched a total of 26 new products in 8 series, including 13 models of 4K ultra high-definition TVs, covering medium-sized, large-sized and extra-large-sized screen products ranging from 40 inches to 65 inches. These products contributed to 50% of total number of new products launched. During the period under review, the Group extended the “TCL-iQIYI TV+” product line and completed product enrichment of the large-sized 4K ultra high-definition TVs and smart TVs. Among which, new products including “A71” series and Game TV became the top seller within a short period after launch and was highly appreciated by the market, while proportion of sales volume of large-sized products also increased gradually. The sales volume of the smart TVs increased to 1.28 million sets from 1.04 million sets for the same period of last year, contributing to 36.0% of the total LCD TV sales volume in the PRC Market.

In March 2014, the Group, in a cross-industry move, jointly established a “TCL Game TV Ecosystem Strategic Alliance” with China Unicom Broadband, ATET, JD.com and Gameloft to develop a double-screen integrated game platform. Game TV, E5700, E6700 and TCL game console T2 were well received by the market after their launch. As an important step of entering into the game industry by the Group, the Group expects the game product series will become a new business growth driver, and will coordinate with the Group’s internet-oriented and entertainment-oriented transformation, exploring the blue ocean in the game entertainment market.

Moreover, the Group and IMAX Corporation (“IMAX”) jointly signed with Wasu in April 2014 an agreement in relation to the content distribution for premium home theatres. Wasu is authorised to distribute premium digital audio-visual contents of the PRC and Hollywood movie titles on the system platform of premium home theatres of TCL-IMAX Entertainment Co., Limited, a joint venture set up by TCL and IMAX.

The Overseas Market

The Group’s Overseas Markets achieved steady growths both in turnover and operating results. During the first half of 2014, the sales volume of LCD TVs increased by 26.1% year-on-year to 4.00 million sets, mainly due to proactive adjustment of its product mix focusing on large-sized products, 4K ultra high-definition TVs and smart TVs. During the period, turnover in the Overseas Markets increased by 8.2% year-on-year to HK$6,003 million and gross profit margin increased to 10.7% from 8.0% for the same period last year, up by 2.7 percentage points year-on-year. The overall sales volume and the contribution from middle- to large-sized products to the total sales volume fell short of expectations, resulting in a loss of approximately HK$12 million for the second quarter, significantly lower than approximately HK$60 million loss for the same period last year.

Sales volume of LCD TVs in the Emerging Markets reached 2.07 million sets during the period under review, which remained flat compared to the same period last year. The sales volume of the LCD TVs in the Strategic OEM business increased by 109.1% year-on-year, while the sales volume of LCD TVs in European and North American Markets recorded growths of 11.3% and 203.4%, respectively.

The Group hosted intensively various launching events for new products in the Emerging Markets. These, together with its global entertainment marketing activities with the movie “X-Men: Days of Future Past” and the full rollout of social media marketing initiatives, helped enhancing the TCL brand globally and proactively drove product marketing. In the European Markets, the Group actively cooperated with major retail chains comprehensively, resulting in a higher proportion of sales volume of large-sized smart TVs. Also, the Group ranked No.3 in the ultra high-definition TVs market in France, according to GfK figure with a market share of 11.6%. In the North American Market, the Group has not only reinforced its strategic cooperation with Amazon, but has also actively explored other sales channels, including leading US retailers such as Sam’s Club, etc., driving a significant increase in LCD TV sales volume in that market.

Outlook

Looking ahead to the second half of 2014, the Group will persistently enrich the product line for the PRC Market in the second half of the year, and continue to deepen sales channel and organizational reforms to flatten its enterprise structure further in order to boost its terminal sales capability and agility to changes in the market. The Group joined forces with “The Voice of China”, the hottest professional music show in the PRC, and announced TCL to be the “exclusive collaborative partner from the TV industry for The Voice of China – Season 3” in July 2014, accelerating the rapid rise of the popularity of TV+, a great step for transforming into an entertainment enterprise.

In addition, in the same month, the Group participated in the 12th China Digital Entertainment Expo & Conference (China Joy) in Shanghai, the PRC. The Group joined forces with China Unicom Broadband and ATET again and announced the establishment of the largest Game TV ecosystem in the PRC, with renowned game developers including Gameloft, JJ International Company, Rovio, Marmalade, Cyberfront Korea, J-FLOW to be enrolled to “TCL Game TV Ecosystem Strategic Alliance”, as a move to further facilitate the all-round development of the ecosystem. Meanwhile, the Group debuted its new product, 7V Box in China Joy, with its ultimate premium appearance and control experience, the innovative cross-screen interactive function, as well as the vast volume of video game content raised the eyebrows of industry peers and consumers. The Group strives to enhance its product capabilities for the new businesses, such as games and OTT etc., so as to achieve further breakthroughs in establishing recurring income streams and revenue-sharing model for its businesses.

For the Overseas Markets, the Group will seek to drive sales growth with a combination of product resources, screen strategies and pricing, achieve breakthroughs for the TCL brand in key market and proactively exploit synergies with other businesses of TCL Corporation (“TCL Corporation”). TCL branded products like mobile phones and air conditioners etc. will be introduced in markets like Southeast Asia, etc., to raise the overall TCL brand influence in overseas.

Mr. Hao Yi, Chief Executive Officer of TCL Multimedia said, “We launched the ‘double +’ strategic transformation in February this year which is the combination of ‘intelligence + internet’ and ‘products + services’, marking TCL’s new business model from the product-oriented approach to a product-and-user-oriented approach and unveils our internet-oriented road. On one hand, we will step up the establishment of an internet ecosystem by cementing our hardware business and enhancing our horizontal alliances, deepening cross-industry strategic cooperations in other areas. On the other hand, we will strengthen our business layout along the 4 smart service platforms including video platform, game platform, education platform and living platform, providing users a comprehensive entertainment solution. We will fully capitalize on TCL Corporation’s resource advantages and implement ‘double +’ strategic transformation, gradually transforming into a global entertainment technology enterprise and bringing long-term value and returns to its shareholders.”

The Group’s sales volume of TVs by regions during the period under review is as follows:

1H 2014

1H 2013

Change

(000 sets)

(000 sets)

LCD TVs

7,557

7,715

(2.0%)

of which: LED backlights LCD TVs

7,558

7,328

+3.1%

Smart TVs 

1,412

1,138

+24.1%

3D TVs

837

1,335

(37.3%)

–        PRC Market

3,557

4,542

(21.7%)

–        Overseas Market

4,000

3,173

+26.1%

~ End ~

About TCL Multimedia

Headquartered in China, TCL Multimedia Technology Holdings Limited (HKSE stock code: 01070) is one of the leading players in the global TV industry, engaged in the research and development, manufacturing and distribution of consumer electronic products. Through a new product-and-user-oriented business model that focuses primarily on a “double +” strategy which includes “intelligence + internet” and “products + services” as the main direction, striving to become a global entertainment technology enterprise that provides integrated entertainment solution to customers. According to the latest DisplaySearch report, the Group ranked No.5 in the global LCD TV market with a market share of 5.4% in the first quarter of 2014. The Group ranked No.3 in the PRC LCD TV market with a market share of 16.0%.

For more information, please visit its website: http://multimedia.tcl.com

To see the full version of this release, including financial tables, click here: http://photos.prnasia.com/prnk/20140814/8521404591

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