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Addverb Technologies sets up Rs 75 cr robots manufacturing facility ‘Bot-Valley’ in Noida

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Automation and robotics company Addverb Technologies, mentored by Jalaj Dani, has built its world-class manufacturing facility ‘Bot-Valley’ in the NCR town of Noida, with a vision to pioneer human-robot collaboration to touch human lives.

Bot-Valley is a creative workplace that inspires innovation and boosts collaboration among the best technopreneurs of the country. With the establishment of this facility, Addverb intends to create a self-sustaining ecosystem for the robotics industry in India that can also export innovative products and disruptive technology solutions to the world. NITI Aayog CEO Amitabh Kant felicitated the inaugural event as the chief guest and inaugurated Bot-Valley.

Spread over 2.5 acres of land, this new manufacturing unit is equipped with the best-in-class electronics and mechanical machines and has a capacity to manufacture more than 50,000 Robots of varied types in a year. This one-in-a-kind manufacturing hub will employ 450 workforces and provide equality and empowerment to both men and women. Established in 2016, Addverb Technologies has streamlined the process for many retail giants of the country through its innovative products & solutions. Not only this, just in a span of 4.5 years, Addverb Technologies established a global footprint by acquiring customers in Europe, South-East Asia & Australia and established 100% subsidiary companies in Singapore, Australia & Netherlands.

Amitabh Kant, CEO, NITI Aayog, said, “The past decade witnessed precipitous changes spanning from the way of life to the technologies that emerged. We have entered a nascent paradigm shift (industry 4.0) where technology will help Addverb meet the growing needs and demand of the present business ecosystem. Robotics holds huge potential in streamlining the processes across industries right from retail to healthcare and from warehousing to supply chain.”

Sangeet Kumar, Founder and CEO, Addverb Technologies, said, “This new facility will unleash the power of India on global fronts and will strengthen the overall robotics ecosystem of the country. Even with increased demand for automation, the penetration of robotics, especially in small and medium enterprises is still low in India compared to the global average. With the establishment of this world-class facility, we will be able to project India as an R&D epicentre of the world and share knowledge and encourage Indian manufacturers to embrace our game-changing technologies and become best-in-class manufacturers for local and global markets.”

India Wearables Market Sees Triple-digit Growth in 2020: IDC

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The India wearables market posted a remarkable 144.3% year-over-year (YoY) growth in 2020, exiting 2020 with 36.4 million unit shipments, according to the recent data from the International Data Corporation’s (IDC) Worldwide Quarterly Wearable Device Tracker.

India was the only country in the top 20 to see triple-digit growth in wearables in 2020 and continues to be the third-largest wearables market globally. This growth was majorly driven by the increasing acceptance of earwear devices and upgrades to watches from wrist bands, both recording their highest annual shipments in 2020.

Earwear device shipments grew more than threefold in 2020 compared to the previous year, mainly driven by the affordable launches, and expanding use cases beyond entertainment like virtual meetings and e-learning requirements. Truly Wireless Stereo (TWS) devices were the top gainer seeing a tenfold increase with shipments totaling 11.3 million units in 2020.

Anisha Dumbre, Market Analyst, IDC India said, “Hearables became one of the most sought-after electronic categories in 2020. The newer version of hearables are much better in managing the increased audio usages and improved aesthetic and design also made them the trendsetter. TWS category saw the much-needed price corrections with several vendors launching devices at more affordable price points leading to the drop in the average selling price of TWS to $45 in 2020 from $110 in 2019.”

4Q20 (Oct-Dec 2020) recorded the biggest quarter for wearables in India, maintaining triple-digit growth. Overall, vendors shipped 15.2 million units in 4Q20, growing 198.2% YoY. This was the first quarter when shipments of watches crossed the one million mark as vendors shipped 1.3 million units during the quarter. Noise’s Colorfit pro-2, Realme watch, Apple’s watch series 6, and new launches from Amazfit provided this strong growth for watches in 4Q20.

Wristbands declined by 34.3% YoY in 2020 since peaking in 2019 as the year ended with 3.3-million-unit shipments. After the introduction of wrist bands into the Indian market, 2020 has been the first year when the category reported a decline. The increasing popularity of watches at similar price points to that of wristbands is the main factor of the decline of wristbands. With 46.7% of the share, Xiaomi continued to lead the category in 2020. Realme, which entered the segment in 2020 finished second with a 12.3% category share.

Watches grew significantly as demand for wrist bands declined during the year. Watches saw a 139.3% YoY growth with 2.6-million- unit shipments in 2020. Noise led the watch category with a 24.5% share in 2020 followed by Realme with a 15.7% share in the year. Smartwatches, which can run third-party applications on the device itself, accounted for a 24.5% share in the watch category, and Apple continues to lead the smartwatch category with a 51.0% share in 2020.

The Earwear category accounted for 83.6% of the overall wearable market share to hit 30.4 million unit shipments in 2020. BoAt emerged as the biggest player in the category, accounting for one-third of the category shipments. Samsung with its portfolio including JBL, Harman Kardon, Infinity finished second with a 14.5% share in 2020. BoAt also led the TWS segment with a 24.6% share, followed by Realme with a 13.5% share in 2020.

Jaipal Singh, Associate Research Manager, Client Devices, IDC India said, “2020 was a year of transition in the audio segment from wired to wireless devices. In 2021, this category will further migrate to more sophisticated devices with enhanced audio experience being the central theme for all vendors,”. He further notes,” The high cost associated with wearable watches is not much of a challenge anymore. Also, the watch form factor is now seen as more appealing to the consumers, and vendors will leverage this shift by further expanding their watches portfolio in coming quarters.”

JBL announces new editions of its most beloved speakers- Boombox 2, Go 3 and Clip 4 in India

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Exciting news for those who enjoy powerful and portable sound as JBL has launched the latest versions of its most popular speakers – JBL Boombox 2, JBL Go 3 and JBL Clip 4 in India.

Each speaker will offer distinct features and upgrades from their last version, along with JBL’s legendary sound loved by consumers all over the world. All three products are now available on leading online and retail outlets across India.

The all-new JBL Go 3 is packaged in a stylish yet compact new form with great sound and long lasting battery that made it a universal favourite of young music enthusiasts. JBL Clip 4 speaker features a rugged, waterproof & dustproof design along with a vibrant fresh look for the adventure lovers who like to carry a compact and powerful sound everywhere they go. The party essential JBL Boombox 2 packs a solid punch with 24 hours of playtime and monstrous bass. The loudest Boombox ever also comes with JBL PartyBoost feature to create an even bigger sound by connecting other compatible JBL speakers.

Vikram Kher, Vice-President, Lifestyle Audio, HARMAN India said, “With epic sound and sleek design, our portable speakers have always been a favorite among on-the-move consumers. Since their launch, all three JBL speakers- Go 3, Clip 4 and Boombox 2 offer something new and unique yet promise the same quality and intensity that is guaranteed with JBL’s Bluetooth speakers. We are excited to announce the launch of next generation speakers in the 75th year of JBL’s existence and audio leadership across the world.”

The JBL Go 3 comes with new distinctive lifestyle design, great sound and compact size, it is also IP67 waterproof and dustproof, comes with 5 hours of playtime, has Bluetooth 5.1 and USB-C charging. It is priced at Rs 3999.

The JBL Clip 4 comes with great sound and compact size, upgraded integrated carabineer, it also has 10 Hours of playtime, IP67 Waterproof and dustproof, Bluetooth 5.1, and USB-C charging. The price of the speaker is Rs 4499.

The JBL Boombox 2 comes with loudest JBL Boombox ever with 24 Hours of Playtime, IPX 7 Waterproof, Monstrous bass you can feel, JBL PartyBoost, and Built-in powerbank. The price of the speaker is Rs 33999.

Galaktic launched with the aim of changing the consumer’s web search experience

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For a person who makes online searches frequently, finding what you need after seeing everything that you don’t across several web pages shouldn’t be the case. What’s the point in finding the search result in 0.64 seconds then? The next 10 to 20 minutes get wasted browsing unwanted content anyway.

Can this approach retain customers and users? Well, this is what is now set to change with the launch of the on-premise Galaktic search engine in India and its highly personalized, AI-driven approach.

The platform has on-boarded brands across various sectors including Square Yards (Real Estate), Tasaasia (Edu-Tech), Stockal (BFSI), and a leading business house building a marketplace for steel products. Galaktic has successfully increased the traffic of such clients by five times using its unconventional approach. It has further augmented the average time spent by visitors and search queries for the brands by 60% and 55% respectively. Galaktic plans to extend its reach to other industries including OTT (Over-the-top), Retail, Travel aggregator, Food aggregator, Online Classifieds, and Job Search Portals shortly.

The AI-powered on-premise platform builds on its site search technology that offers personalized search results. It is specifically designed to use Machine Learning that enables websites and mobile apps to deliver highly personalized search results, wherein the discovery of the relevant content is quicker than the usual approach. Galaktic is effective across multiple industries including BFSI, real estate, edu-tech retail, healthcare, news & broadcasting, fashion, and home alongside other e-commerce categories. It also comes equipped with multilingual capabilities that make it compatible across the globe. The state-of-the-art, on-premise solution addresses the key challenges that most search engines and e-commerce websites face while providing an engaging visitor experience.

The Galaktic suite works to enable e-commerce businesses to deliver results for natural language queries. This is accomplished via a library that contains thousands of natural language phrases. It works to continually optimize a website’s search functionality by leveraging a visitor’s past preferences as well as real-time interpretations of their current actions on the website. Some features of Galaktic include Predictive Suggest, Personalized Recommendations, Search Optimizations, Dynamic Filters, and Geolocation that cater to the needs of several industries.

Anirudha Khopade, CEO , Galaktic, said, “The launch of Galaktic in India has catapulted us into the future of search technologies that are natural language friendly, AI-powered, and driven by personalized recommendations based on visitor actions and intent. Galaktic is an affordable tool that can leverage the advanced off-the-shelf capabilities to increase visitor engagement. We are extremely optimistic about the effective changes that Galaktic will bring in terms of personalized search results and an overall engaging experience, especially in the e-commerce space. Most important the solution comes as SaaS based and even On-premise hosted for industries which are sensitive towards their consumer data”

Paytm Money becomes India’s growth enabler for wealth products, aims at 10 million users in FY’22

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India’s homegrown digital financial services platform Paytm, today announced that its wholly-owned subsidiary ‘Paytm Money’ is targeting over 10 million users and 75 million yearly transactions in FY’22.

The company has become the leading driver of wealth creation in the country with over 50 percent ‘new to wealth services’ users availing investment products including Direct Mutual Funds, Stocks, IPO, F&O, ETF, NPS & Digital gold on the platform. By allowing small ticket investments and allowing trading at 10 INR per order, Paytm Money is encouraging the masses to start managing their wealth actively and in a safe environment, thus promoting financial inclusion.

The company has made deep inroads into the country & now has customers in 99 percent of all pin-codes helping in democratising wealth products & services. It has over 7 million users and has also achieved over Rs 5000 crore in Direct mutual funds investments. Paytm Money aims to register over 150 percent increase in monthly new SIP registrations and a 200% increase in Total Monthly Investment volumes over the next few months. By offering Direct mutual funds users save ~1% in commissions as compared to regular mutual funds and combined with a simple product and 40+ AMCs, investing has become simpler.

The company’s stockbroking initiative is helping to bring in more active direct equity investors in an underpenetrated segment. Paytm Money aims to open over 3.5 lakh by year-end and expects 60% of users to be from small cities. By building a simple platform for investors and traders, making delivery orders free and intraday/FNO at 10 INR per order and ensuring the technology behind is stable & solid, active management of users wealth has become easier. Paytm Money is also enabling wealth creation with investments in Initial Public Offers (IPOs). It has made the process of IPO application completely digital & simple for retail investors across the country to apply for IPOs.

The company aims to retain its top position in the market when it comes to digital gold and is set to cross 6,000 kgs of Gold transacted through the platform. Digital Gold has become an important part of the wealth portfolio as its safe, 24kt pure, easy to buy from 1INR to 1Cr and a user can take delivery of the physical gold. The company has more than 60mn investors in digital gold with many opting for Gold SIP as a regular saving option.

While over 35% of investors are less than 25 years, 80% of investors are less than the age of 35 years of age and 90% are less than 40 years.

Apart from this, the company strives to bring in financial inclusion by educating the masses through initiatives such as Masterclass. So far the response for ETF Masterclass and Foundation Masterclass has been overwhelming. More than 2000 people attended these Masterclasses where experts taught the basics of trading and explained the importance of ETFs to the investors. Paytm Money aims to enable over 1 million Indians to trade and invest in capital markets through its education initiatives.

Varun Sridhar, CEO – Paytm Money said, “We strongly believe that wealth management in the country need to be democratised, embraced, and adopted by all. Technology innovation and a stable product have allowed us to bring direct mutual fund & gold to everyone and offer equity delivery for free and all FN/intraday orders as low as Rs. 10. With our 360-degree approach to providing investment solutions, we have become the leading driver of wealth creation in the country. We are humbled by the trust young investors have shown in Paytm Money, by making it their primary platform for all investments. The next 18 months of innovation, launch of new products and providing a stable platform is going to be our goal. This is just the start.”

Huawei files two patents relating to electric vehicles and the driving system: Report

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The Chinese tech giant, Huawei, has over the years established itself as an active player in the car manufacturing industry with several products and solutions aimed at making driving easy and fun.

But according to some new media reports, the company was planning to make a full entry into the electric vehicles market. The move is said to be part of efforts to cushion the effect of the US ban which has resulted in the near-collapse of Huawei’s smartphone business.

The report may have some truth in it after all. A couple of patents relating to EVs have been spotted. Specifically, two patents filed by Huawei Technologies Co., Ltd. titled “An Electric Drive System, Powertrain, and Electric Vehicle”. The patents were both filed on October 21, 2021, and have the application numbers CN112436747A and CN112436779A.

The patent description published with the model bearing the application number CN112436747A shows that this application provides an electric drive system, a powertrain, and an electric vehicle, which involves the technical field of electronic circuits. Among them, the electric drive system includes a bus, an on-board charger, a three-level inverter circuit, and a controller.

The second patent with application number CN112436779A is also for an electric drive system, a powertrain, and an electric vehicle, which involves the field of power electronics technology. The electric drive system is connected to the power battery pack and includes a bus bar, a three-level inverter circuit, a DC-DC conversion circuit, and a controller. The controller is used to control the first conversion circuit and the second conversion circuit. The electric drive system reduces the volume and cost.

These are technical terms that may not make much sense to someone not familiar with EV systems but the bottom line is that Huawei may likely be working on its own EV. Do bear in mind, though, that the EV may not arrive any time soon.

Experience the True Music with Lumiford GoMusic BT12 Bluetooth Speaker

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Lumiford, a manufacturer of innovative, futuristic consumer electronics in the entertainment space, has unveiled the technologically advanced GoMusic BT12 Bluetooth Speaker.

These high bass Bluetooth speakers are designed to be highly portable and convenient for today’s on-the-go generation with features like an in-built HD mic for calling, Google Assistant/ Siri support, lightweight with compact size and TWS Connection which can connects two speakers simultaneously for extra loud stereo sound experience.

GoMusic BT12 sports a 45mm dynamic driver with speaker power of 4Watt and 20Hz-20KHz frequency response for powerful sound and 10m of strong transmission. The best-in-class speaker comes with IPX4 Water Resistant and available in Blue, Black, and Red colors. The device runs on a 900 mAh li-Ion battery which offers upto 8 hours of music playtime/talk time on 2 hours of charging. It also offers multi-connectivity options like Aux, USB Play, Micro SD Card, and FM Radio Support.

Abhijit Bhattacharjee, CEO, Lumiford said, “GoMusic BT12 Bluetooth speaker is designed especially for the new-age consumers who need their music to be as nimble as them. We are revolutionizing portability with our new offering which will give our customers the freedom to take their music with them whether they go. It offers high bass, high-quality sound, and large battery capacities which will last as long as you need!”

GoMusic BT12 is priced at Rs 2,199 and available for purchase now on Amazon.

Ambrane launches two new TWS – Dots 11 and Dots 20 with incredible sound experience

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Ambrane, a Smart accessories brand announced the launch of its TWS series – Dots 11 and Dots 20 with several high-end specs. Both the TWS supports 360-degree performance with long battery life, multi-functionality and dynamic design.

Dots 20, also supports Environmental noise cancellation (ENC). Priced at Rs 2,999 respectively, both the products are available on Flipkart and Amazon. The products come with a 365 days warranty.

Dots 20 with a minimalistic design is available in Black as well as white, and is configured with the Environmental Noise Cancellation feature, which enhances the audio and reduces the ambient noise in the background. It’s advanced acoustic technology with 10mm drivers punchy bass sound guarantees a rich audio experience.

Along with an immersive audio experience, the buds equip a playtime of good 25 hours with its unique and stylish charging case for non-stop musical sessions or long conversations. Charge them once and they are good to go for all day long use. It also features a responsive multifunctional touch sensor that lets you control music and calls, and switch between them seamlessly.

Available in black, with a stylish and ergonomic design, Dots 11 wrapped in a matte finish, configures a powerful bass and crisp audio. The earbuds offer seamless entertainment of up to 20 hours and support fast charging via a Type C port. Dots 11 also supports smart touch control – touch and tap control for effortless and easy accessibility to play, pause and manage your music. The high-bass feature allows you to tune out from the outside noise, thereby giving you a premium sound quality to enjoy music while on the go.

Both the products in Dots series are engineered with the latest Bluetooth V5.0 for stronger connectivity and designed with a secure fit allowing one to hustle. They also pack the convenience of voice assistance (Siri and Google Assistant) making them manage daily routine through your voice. Ambrane Dots 11 and Dots 20 are both designed against water splashes with IPX5 Water Resistant feature.

MediaTek announces MT9638 4K Smart TV Chip with an integrated high-performance APU

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MediaTek today announced its new 4K smart TV chip, the MT9638, with an integrated high-performance AI processing unit (APU).

MT9638 supports cutting-edge AI-enhancement technologies such as AI super-resolution, AI picture quality, and AI voice assistants, plus variable refresh rate (VRR) and MEMC (motion estimation and motion compensation) so graphics appear smoother. With its high-performance processing for optimized visual quality, MT9638 gives global TV makers premium features to design competitive 4K smart TVs.

Alex Chen, General Manager of the TV Business Unit at MediaTek said, “As smart home appliances become more intelligent and diversified, smart TVs are becoming the new hub for the smart home as consumers take advantage of AI-enabled multimedia features to control all their devices right from their TV. The new MT9638 continues our legacy as the No. 1 chip provider of smart TVs, bringing consumers incredible AI, multimedia, gaming and entertainment experiences in theater-quality 4K.”

MediaTek’s premium TV chip technologies are designed to enhance the user experience with our custom APU that brings high-performance AI computing to smart TVs. With built-in AI picture quality technology, the chip enables real-time content and scene recognition, automatically adjusting color saturation, brightness, sharpness, dynamic motion compensation and smart noise reduction to improve overall image quality. MediaTek’s AI super resolution technology, combined with the company’s MEMC technology, intelligently upscales resolution through multi-frame blending to deliver clearer images at the smart TV’s native resolution.

The chip supports the latest connectivity technologies including Wi-Fi 6 for fast, reliable connectivity and HDMI 2.1, which integrates support for VRR to match movies or console gaming frame-rates in order to avoid screen tearing. The MT9638 also supports applications powered by AI voice recognition and AI-enabled video calls, opening up new ways for consumers to interact with their smart TV and connect with their family and friends. These technologies are turning living rooms into true home entertainment centers, delivering new, immersive experiences in streaming, gaming and entertainment.

MediaTek’s MT9638 supports multiple advanced technologies:

A multi-core Arm Cortex-A55 CPU, Arm Mali-G52 GPU and dedicated MediaTek APU integrated into a single chip, delivering superior performance while also being extremely power efficient.

Up to 4K60 resolution support with a multimedia decoding engine for HEVC, VP9 and the latest AV1 content.

HDR10+ display support, enabling full array backlight local dimming with >2000 zones.

Premium Dolby Atmos and DTS Virtual X surround sound support.

The latest HDMI 2.1a and USB 3.0 interfaces, in addition to gigabit-class Wi-Fi 6 connectivity.

With up to four far-field microphones, the chip provides whole room coverage for voice assistants with ultra-low power consumption (0.5W) on standby and ultra-fast, one second resume for wake-up words.

Planning your next trip and want to vlog? These 3 storage devices are a must-have in your travel kit

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Travel is all about creating memories. No matter how big or small a trip, travel can create a long-lasting impression. We must preserve these travel memories to help them stay around for years for our pleasure and to share with family and friends.

While planning a trip, it is a must to take a quick check on the storage space available on our devices. All those pictures, videos, music, maps, travel apps take a lot of storage space on our devices and smartphones.

When we don’t regularly declutter our devices and our phones, they begin to slow down thus not allowing us to have an optimum experience. The easiest way to declutter our devices is by taking regular backups and having enough storage space, be it on an external storage device or an internal memory card.

Here are 3 storage solutions that are a must-have in your travel kit are:

SanDisk Extreme PRO microSDXC UHS-I card

Using the right microSD card is crucial. Without an efficient card to store images and videos on, even the most sophisticated device won’t perform at its best. SanDisk Extreme Pro microSDXC UHS-Icard ensures extreme read and write speeds up to 170MB/s 8 and 90MB/s  respectively for fast transfer,  better app performance, and is ideal for recording outdoor adventures, weekend trips, or sporting events without skipping frames. It also helps load apps faster with the A2 specification. The card SanDisk Extreme PRO microSDXC card is shockproof, temperature-proof, waterproof, and X-ray-proof, so you can enjoy your adventures without worrying about the durability of your memory card.

SanDisk Extreme Pro SSD

While we are on the go we must-have storage solutions that are reliable and durable. Even as we travel, we are constantly sharing images and content on social media platforms or sending some pictures, or vlogging our trip. The SanDisk Extreme Pro SSD is the perfect travel companion to keep up with all these demands. The SanDisk Extreme Pro SSD is designed using Western Digital’s in-house NVMe technology to dramatically increase transfer speeds up to 1050 MB/s letting you move files faster and edit right from the drive. Designed for adventure junkies the ruggedized silicon case helps keep your content protected no matter where you take it and comes with an IP55 rating for water and dust resistance. Offering ample storage capacity of up to 2TB the device has a light form factor allowing you to keep your content with you wherever you go. It helps to transfer data easily using USB Type C and Type-A connectors.

SanDisk Dual Drive Luxe Type-C

Taking regular backups is crucial- God forbid if our digital devices crash during our road trip we would lose all our precious memories. With the SanDisk Dual Drive Luxe Type-C taking regular data backups is easy. The all-metal, 2-in-1 flash drive comes with Type-C and Type-A connectors and lets you nimbly move content between your devices—from your Android smartphone or tablet to your laptop, PC, or Mac computer. Further, the SanDisk Memory Zone app, which is available on Google Play Store, lets you view, access, and back up all the files from your phone’s memory in one location. It can also automatically move files from your device to your drive to free up space.