Artificial Intelligence

Sony Electronics New Xperia 1 III and Xperia 5 III Smartphones Deliver an Elevated Photo, Video and Entertainment Experience for Creators

Published

3 years ago

April 14, 2021

New 5G Capable Models Feature World’s First Variable Smartphone Telephoto Lens with a Dual PD Sensorⁱ, World’s First 4K HDR OLED 120Hz Refresh Rate Displayⁱⁱ and more

World´s first smartphone with a Variable telephoto lens paired with a Dual PD sensor
Real-time Eye AF for humans and animals, newly equipped Real-time Trackingⁱⁱⁱ and fast, accurate continuous AF across all lenses
20fps Burst Mode with low light noise reduction powered by BIONZ X™
Brand new AI (artificial intelligence) super resolution zoom technology
Updated Photography Pro feature – now equipped with ‘Basic Mode’
World’s first smartphone with a 4K HDR 120Hz Refresh rate display^iv crafted from Gorilla^® Glass Victus™^v
Evolved Full-stage stereo speakers, 40 percent louder than previous model^vi
New and improved Game Enhancer features – including a new audio equaliser, an optimised V.C microphone and high frame rate recording feature
World’s first smartphone to reproduce 360 Reality Audio in the speakers, as the recording artist intended it to be heard^vii
Addition of brand new 360 Spatial sound – for up-mixing stereo music into an immersive audio experience
Qualcomm^® Snapdragon™ 888 5G Mobile Platform
Improved battery life (4500mAh) and the ability to charge up to 50% of capacity in 30 minutes with the kitted 30W charger – in addition to a newly extended battery life of up to three years^viii

Sony Electronics Inc. today announced two new additions to its Xperia 1 and 5 flagships series line-ups – Xperia 1 III and Xperia 5 III. Both devices provide a rich collection of integrated features that connect Xperia community with some of the most advanced technologies across Sony’s entire suite of consumer electronics products. Whether they are photographers, audiophiles, cinephiles, gamers or cinematographers, the next generation of Xperia 1 and 5 flagships series will deliver a user experience that is unlike any other smartphone in market today.

“Today we’re introducing two new Xperia models that are significant for both Sony and the industry as a whole,” commented Neal Manowitz, President and COO, Sony Electronics Inc. “Drawing on our leadership in imaging, display and audio technology, we’re proud to debut the world’s first smartphone with a 4K 120Hz display and the world’s first smartphone with a variable telephoto lens. We continue to break new ground and provide passionate consumers with a more powerful creative device and an immersive entertainment experience like they’ve never had before—all in the palm of their hand.”

Professional Technology from Alpha Brand Cameras
Co-developed with the engineers behind the Sony Alpha brand cameras that are renowned for their industry-leading autofocus technology, the Xperia 1 III and Xperia 5 III feature fast, accurate continuous AF plus Real-time Eye AF in all lenses. With Xperia 5 III and its advanced object tracking technology, photographers can capture accurate shots of moving subjects in a wide variety of scenarios with a simple tap on the screen.

Xperia 1 III presents an even more sophisticated feature set for photographers that strive for picture-perfect results. Object tracking is upgraded with Real-time Tracking, allowing users to shoot the most challenging moving subjects with precise focus. Using AI-based algorithms and the 3D iToF sensor to measure distance, Real-time Tracking can accurately detect and focus on a subject even if the subject temporarily moves out of sight^ix so they can capture even the most difficult images with ease.

When speed is a necessity, both models offer continuous AF that performs AF / AE calculations at up to 60 times per second – enabling users to shoot and store up to 20 shots (20fps) with high precision, accurate focus and optimized exposure^x. This level of performance is comparable to that used in professional sports cameras such as the Alpha 9 series. The BIONZ X™ processor enables users to shoot in low-light scenarios in Burst Mode for the first time, producing results with noise reduction that have never previously been possible in predecessor models.

Reach Beyond Expectation with a Variable Telephoto Lens
The variable telephoto lens on each of the new Xperia models allows for focus to acquire instantly when users are switching between the 70mm and 105mm lenses. Pairing this unique lens setup with a dual PD sensor and a dual PDAF capabilities ensures that all of the beauty and detail in each image is captured in full, across the entire focal range. These new models represent the first time ever that a variable telephoto lens has been paired with a Dual PD sensor in any smartphone.

Xperia 1 III and Xperia 5 III offer a total of four focal lengths in photo and video recording – 16mm, 24mm, 70mm and 105mm focal lengths^xi, giving creators the freedom to capture a variety of settings from landscapes to wildlife in stunning clarity. Both models continue to feature ZEISS^TM optics calibrated specifically for the Xperia smartphone. The ZEISS^TM T* coating contributes to exquisite rendering and contrast by reducing reflections.

A Wealth of Creative Opportunities
The next generation of Xperia both incorporate new AI super resolution zoom. This technology uses Sony’s AI processing to restore detail and definition to images, ensuring precision is not compromised.

Additionally, like their older siblings, Xperia 1 III and Xperia 5 III feature the Photography Pro function, making it a breeze to capture professional-level photography in a palm-sized device. Both models were developed in collaboration with professional photographers to mirror many of the manual controls available in Alphaseries cameras including ISO, shutter speed, EV Indicator, RAW support plus a dedicated shutter button (with embossed finishing exclusively on the Xperia 1 III). New for this year’s smartphones is the ‘Basic Mode’ feature in Photography Pro which enables fast access to a range of easy-to-use photography features including a touch shutter button, portrait orientation, artistic bokeh effect, panorama and more.

To capture supremely smooth, shake-free video footage, the Xperia 1 III and Xperia 5 III also features the very latest Optical SteadyShot™ with FlawlessEye™^xii, which couples the image sensor’s increased reading speed with an original Sony algorithm for optical image stabilization.

Transporting Cinephiles to the Big Screen|
The new Xperia models are a true cinephile’s dream. Xperia 1 III features a larger than life 6.5″ 21:9 CinemaWide^TM 4K HDR OLED display with a 120Hz Refresh rate^iv while Xperia 5 III offers a stunning 6.1″ 21:9 CinemaWide™ HDR OLED display with a 120Hz Refresh rate. Whether on the go or in the comfort of home, both models transport users into a uniquely immersive viewing experience, allowing them to lose themselves in their favorite movies or TV shows.

Users can now enjoy their favorite entertainment as the producers intended with the Creator Mode. “Powered by CineAlta,” it now features a factory-calibrated OLED display to mirror the color reproduction of Sony’s professional color monitors used in leading Hollywood studio productions. Additionally, both models feature 10-bit equivalent displays (8-bit with 2-bit smoothing) that can display a myriad of colors without banding and support BT.2020 color space.

Xperia 1 III and Xperia 5 III capture the senses and offer an audio-visual experience like no other. Streaming content is more lifelike than ever with more contrast, color and clarity. Consistent with their predecessors, they benefit from the X1™ for mobile engine which brings BRAVIA HDR remastering technology for a beautifully expressive viewing experience. Similarly, thanks to the continued incorporation of Dolby Atmos^® sound tuned in collaboration with Sony Pictures Entertainment, users can experience a fully immersive, multi-dimensional performance with headphones or the smartphone’s built-in Full-stage stereo speakers.

Play to Win
Gamers can gain a key advantage with the superior upgrades in Xperia 1 III and Xperia 5 III. The familiar 21:9 display transports players into the thick of the action^xiii.Thanks to a new and improved 120Hz Refresh rate display^xiv, now incorporated in the 1 series and 5 series, fasting-moving objects are rendered clearly for seriously smooth gameplay. The addition of 240Hz Motion blur reduction^xv also means the display updates at an incredible 240 times per second for blur-free with crystal clear performance. 240Hz Touch scanning rate also ensures that the action happens exactly as intended, and is a crucial advantage over the competition.

Another new feature in both models is the ability to adjust white balance – reducing strain on the eyes and allowing for longer durations of mobile gameplay. The new L-y raiser (low gamma raiser) also makes it easier to see opponents in the dark by adjusting image details in dark areas and highlighting enemies without overexposing bright areas of the screen.

Combining visual excellence with an immersive audio experience is key for both Xperia 1 III and Xperia 5 III. Gamers can plug-in their favorite headset via a 3.5mm headphone jack for impressive audio with minimal latency. The new Audio equalizer lets users control, heighten and minimize sounds such as footsteps and surrounding noises, allowing them to hear their opponents approaching and react ahead of them^xvi. And for those playing in teams, the new optimized V.C. microphone allows for clear communication by reducing background noise based on the users chosen headset type^xvii.

Avid gamers can now relive winning moments in all their glory thanks to high frame rate recording at up to 120fps^xviii. Whatever they are playing, R.T. record (Rewind time record) automatically pre-records up to 30 seconds of game footage so gamers can easily rewind and capture key moments like match-winning plays and share them online with friends and fellow competitors.

Lastly, thanks to incorporated Heat Suppression power control (H. S. power control), gaming performance remains uncompromised. By powering the phone systems directly, rather than charging the battery, thermal stress on the handsets is reduced.

Create Movies like the Professionals
Cinematography Pro “powered by CineAlta” enables more creative choices for engaging storytelling such as dramatic 5x slow-motion in 4K HDR 120fps^xix.It also records in 21:9 ratio at 24/25/30/60fps, enhancing cinematic expression. Eight different Look color management pre-sets allow the user to completely change the mood of their scenes by utilizing different cinema styles, a vital tool in advanced storytelling. Sony’s unique Intelligent wind filter technology uses award-winning audio separation technology to reduce wind interference for clearer audio recording, making it easier for the user to focus on their creative vision.

New features within both models include a range of UI improvements designed specifically with movie makers in mind. For instance, to help users control their workflow, they can easily check how much free memory is remaining and how much recording time is still available. Users can also easily check which parameters they used on a specific clip to apply them to other projects. Each clip’s parameter details now include resolution, FPS, look, lens, stabilizer, WB, ISO, shutter angle/ speed, focus and audio level. This is further complemented with the ability to review and organize footage with clip playback, allowing users to play back clips with a simple swipe on the phone’s display.

Audio Playback as the Recording Artist Intended
Xperia 1 III and Xperia 5 III allow listeners to immerse themselves in sound that is so authentic, it can feel like they are at a live concert or with the artist recording in a studio. Much like the immersive experience for cinephiles, the new Xperia models utilize sound tuned in collaboration with Sony Music Entertainment. In addition to unique hardware decoding, a newly developed speaker virtualizer enables Xperia 1 III and Xperia 5 III to be the world’s first smartphones to reproduce 360 Reality Audio in the speakers^vii. To top it off, new TIDAL subscribers will get three months of TIDAL Hi-Fi free when they buy either model, including the 360 Reality Audio experience.

If the music source being listened to is 2-channel stereo, the new 360 Spatial Sound comes into play. It enables the Xperia 1 III and Xperia 5 III to upmix stereo tracks and virtualize to an immersive sound experience, in real time. The technology works with local audio files and streaming services to further enhance the listening experience.

High-quality music can be further enjoyed through the Full-stage stereo speakers or when listening with headphones either wirelessly or with the 3.5mm audio jack. The Full-stage stereo speakers are placed at the front of the phone to effectively reproduce the sound field. And as an exclusive update for Xperia 1 III, are now up to 40 percent more powerful^xx than its predecessor^xxi. This is thanks to a new speaker box structure, which has been designed both to improve sound pressure and eliminate vibration. The audio volume through audio-out (via the 3.5mm audio jack) has also been improved by approximately 40 percent, while sound quality has improved with less distortion near the maximum output level.

As well as High-Resolution and High-Resolution Wireless Audio, both Xperia 1 III and Xperia 5 III continue to offer DSEE Ultimate^xxii which enhances the quality of digital music using Sony AI technology, including audio and video streaming services. It automatically improves audio frequency and dynamic range in real-time, taking each track close to high-resolution audio.

All the Speed you Need
Combining 5G and Wi-Fi connectivity with the latest Qualcomm® Snapdragon™ 888 5G Mobile Platform, the next generation of Xperia raises the bar for smartphone performance thanks to the Qualcomm® Kryo™ 680 CPU enabling up to 25 percent higher performance and Qualcomm® Adreno™ 660 GPU delivering 35 percent faster graphic rendering than the previous generation.

Smart connectivity takes Xperia smartphones’ deep learning technology that utilizes Sony’s Neural Network Libraries and analyses Wi-Fi signals to predict near-future connectivity issues. The Xperia 1 III and Xperia 5 III assesses the quality of available Wi-Fi before connecting so there’s no more grabbing Wi-Fi that doesn’t work. If it predicts any compromise in Wi-Fi connection quality, it uses mobile data instead^xxiii.

With a 4,500mAh battery, both models offer plenty of power to keep users going through the day while a range of charging features helps maximize convenience and prolong battery life^viii. When the battery needs a boost, it can be charged up to 50 percent in just 30 minutes with the included charger XZQ-UC1. Furthermore, Xperia Adaptive Charging allows the battery life to be extended up to three years (up from two in previous models) in both models. Xperia Adaptive Charging works by monitoring the phone as it charges, to make sure the battery isn’t overworked.

Finally, Xperia 1 III offers a wireless charging and Battery share function, allowing the device to be connected to a wireless charger to conveniently top off the battery. Thanks to the Battery share function, it can double as a charging pad for other devices too.

Sleek Design with Functionality in Mind
Both Xperia 1 III and Xperia 5 III are crafted to be robust. The Xperia 1 III combines high-quality materials with a bold and distinctive design. From the frosted glass on the back to the blasted metal frame, it’s an irresistible blend of form and function. It also features Corning® Gorilla® Glass Victus™ on the display, the toughest Gorilla Glass yet – boasting improvement in both drop and scratch performance. Meanwhile, the Xperia 5 III is its compact cousin featuring Corning Gorilla Glass 6™ on the rear and the display with a sleek mirror-glass finish and a robust metal frame. For further peace of mind, both models also feature IP65/68^xxiv water resistance and protection against dust.

For the busy multi-taskers, both models feature upgrades to the multi-window functionality. With the pop-up window feature, users can easily handle a new task, then get right back to what they were doing.

Last but not least, when paired with compatible Sony headphones^xxv, users can easily access the Sony | Headphones Connect app using the new Side Sense menu for swift connectivity.

Accessories
Both models are available with a new and improved Antibacterial Style Cover. Designed with durability in mind, the covers feature a built-in stand to support horizontal placement and provide a comfortable viewing experience. They are also coated with anti-bacterial material that has a protection rate of up to 99.9 percent^xxvi– preventing cell growth.

A 30W compact charger is also available and features USB-C power delivery. Designed for overheat protection, this new charger is certified with PPS support (Programmable Power Supply) to reduce heat impact.

Pricing and Availability

Xperia 1 III will be available in Frosted Black and Frosted Purple and shipped with Android™ 11. Xperia 5 III will be available in Black and Green and shipped with Android™ 11 as well^xxvii. Pricing for both models will be announced at a later date. The products will ship to U.S. customers this summer.

For detailed product information, please visit:

A product video on the new Xperia 1 III and Xperia 5 III can be viewed HERE

About Sony Electronics Inc.
Sony Electronics is a subsidiary of Sony Corporation of America and an affiliate of Sony Group Corporation, one of the most comprehensive entertainment companies in the world, with a portfolio that encompasses electronics, music, motion pictures, mobile, gaming, robotics and financial services. Headquartered in San Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets. Operations include research and development, engineering, sales, marketing, distribution and customer service. Sony Electronics creates products that innovate and inspire generations, such as the award-winning Alpha Interchangeable Lens Cameras and revolutionary high-resolution audio products. Sony is also a leading manufacturer of end-to-end solutions from 4K professional broadcast and A/V equipment to industry leading 4K and 8K Ultra HD TVs. Visit http://www.sony.com/news for more information.

Notes:

ⁱ Xperia 1 III / Xperia 5 III feature 70mm and 105mm focal length in the same periscope camera paired with a Dual Pixel Diode sensor. Verified by Strategy Analytics’ SpecTRAX Service against the published camera specifications for over 18,500 smartphones. Correct as of the 14th April 2021.

ⁱⁱ Verified by Strategy Analytics’ SpecTRAX Service against the published display specifications for over 18,500 smartphones. Correct as of the 14^th April 2021.

ⁱⁱⁱ Real-time Tracking is only available on Xperia 1 III. The subject may not be detected depending on the shooting environment

^iv Only applicable to Xperia 1 III. The Refresh rate 120Hz drive is effective when the blur reduction setting is turned on. Display Refresh rate may vary depending on content and app specifications

^v Xperia 1 III features Corning® Gorilla® Glass Victus™ on the display only. The rear is crafted from Corning® Gorilla® Glass 6. Xperia 5 III features Corning® Gorilla® Glass 6 on the display and rear

^vi 40 percent more powerful speakers only available in Xperia 1 III – compared to Xperia 1 II

^vii This feature is currently available with TIDAL. Third party terms, conditions, account and fees may apply. Service availability may vary by market. Verified by Strategy Analytics’ SpecTRAX Service against the current audio specifications for over 18,500 smartphones. Correct as of the 14^th April 2021.

^viii Result tested by Sony Corporation – based on usage profile using the same type of battery and USB charging. The life span of the battery varies on usage situation.

^ix Accuracy may vary according to environmental circumstances. Some performance restrictions may apply.

^x Maximum calculations will depend on shooting environment. Up to x60 calculations per second AF/AE is available for 24mm, 16mm, 70mm and the 105mm lens can calculate up to 30fps AF/AE

^xi 35mm equivalent format

^xii Optical SteadyShot™ is available on Photography Pro for the 24mm, 70mm and 105mm focal lengths. FlawlessEye™ is available on Photography Pro for the 24mm lens

^xiii Depending on the specification of the game, it may not be display in the 21:9 ratio

^xiv The function may vary by content, game availability and compatibility. This function can be set in “Game Enhancer”. The Refresh rate of 120Hz has a black frames insertion function

^xv The function may vary by content, game availability and compatibility. This function can be set in “Game Enhancer”.

^xvi The feature may vary by content, game availability and compatibility.

^xvii Effective only when connecting with the 3.5mm audio jack

^xviii Effective when the setting of the Game Enhancer Refresh rate is more than 120Hz, or the setting is “Performance First”. High frame rate recording up to 120fps is available at 720p resolution.

^xix Functions with the 24mm lens only and when set at 24fps

^xx The effect of feature may vary depending on environment and contents. Some performance restrictions may apply

^xxi Compared to the Xperia 1 II

^xxii High-resolution compatible headphones (sold separately) are required to enjoy high-resolution sound sources equivalent to high-resolution audio

^xxiii Smart connectivity availability may vary depending on country, carrier and user environment.

^xxiv This device is water resistant and protected against dust. All ports and attached covers should be firmly closed. Do not put the device completely underwater or expose it to seawater, salt water, chlorinated water or liquids such as drinks. Abuse and improper use of device will invalidate warranty. The device has been tested under Ingress Protection rating IP65/68. Sony devices that are tested for their water resistant abilities are placed gently inside a container filled with tap water and lowered to a depth of 1.5 meters. After 30 minutes in the container, the device is gently taken out and its functions and features are tested. Note this model has a capless USB port to connect and charge. The USB port needs to be completely dry before charging

^xxv Headphones must be compatible with the smartphone app “Sony | Headphones Connect”.

^xxvi Protection rate may vary depending on long-term usage

^xxvii Pricing for both models will be announced at a later date. The products will ship to U.S. customers this summer.

“SONY” and “Xperia” are trademarks or registered trademarks of Sony Group Corporation or its affiliates. All other trademarks or registered trademarks are the property of their respective owners.
Qualcomm Snapdragon and Qualcomm Snapdragon Elite Gaming are products of Qualcomm Technologies, Inc. and/or its subsidiaries.
Dolby, Dolby Atmos, and the double-D symbol are among the registered and unregistered trademarks of Dolby Laboratories, Inc. in the Unites States and/or other countries.
ZEISS™ is a registered trademark of Carl Zeiss AG.

SOURCE Sony Electronics, Inc.

Related Topics:latest-news Sony Electronics Xperia 1 Xperia 1 II

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Lithium Miners Strategize for Long-Term Gains as Market Recovers

Published

2 days ago

May 3, 2024

CISION (PR Newswire)

USA News Group Commentary
Issued on behalf of Lithium South Development Corporation
VANCOUVER, BC, May 3, 2024 /PRNewswire/ — USA News Group – Despite what appears to be a supply glut currently in the global lithium market, already there are signs of a lithium rebound on the horizon. According to Statista, global lithium demand is projected to grow through next year, while Fastmarkets predicts lithium supply will increase 30% in 2024. Fastmarkets also expects that by 2030, US lithium demand alone will grow by nearly 500%. Looking ahead, lithium miners continue to move their chess pieces onto the board with anticipation of long-term rewards, including the work of Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM), Piedmont Lithium Inc. (NASDAQ:PLL), Lithium Americas Corp. (NYSE:LAC) (TSX:LAC), and Rio Tinto Group (NYSE:RIO).

Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF) recently filed a new Preliminary Economic Assessment (PEA), which provides support for the company to proceed with development plans for a 15,600 tonnes per year lithium carbonate plant. As per the PEA, the project’s financial model shows a Net Present Value (NPV) after tax of US$938 million, and an after-tax Internal Rate of Return (IRR) of 31.6%, with a 2.5-year payback.
“We are very pleased to have achieved this important milestone for the HMN Li Project,” said Adrian F.C. Hobkirk, Founder, President and CEO of Lithium South. “The robust economics and room for expansion indicate a promising future for Lithium South.”
The HMN Li project is planned to use an extraction and recovery process based on conventional solar evaporation of the well brine. Magnesium and other contaminants will be removed using industry standard proven methods including liming. The concentrated lithium solution will then be processed into lithium carbonate technical grade.
The PEA announcement came just weeks after the company announced the expansion of its ongoing production well drill program. A 400 meter deep pumping well has been completed at the Alba Sabrina claim block, which at 2,089 hectares is the project’s largest. Recent efforts at the well successfully cleared out sediments, leading to the flow of clear brine with strong artesian characteristics, suggesting potential for enhanced brine extraction rates. To maximize these benefits, Lithium South has contracted a significantly larger 80-kilowatt pump, and is now completing a long term pump test. Based on results, further wells are planned for Alba Sabrina and the southern claim blocks at Viamonte and Norma Edith.
“These developments on the Alba Sabrina claim block could potentially enhance our operational capacity,” said Hobkirk. “The completion of this pumping test, anticipated by the end of May, will provide critical technical insight into the capacity potential of this area of the salar.”
Earlier in the year, Lithium South together with the Korean conglomerate POSCO, entered into a cooperative development agreement on the HMN Li Project, representing a crucial step forward in advancing towards lithium production. Previously, towards the end of 2023, Lithium South also released an updated NI 43-101 technical report for its premier HMN Li asset, which demonstrated a significant 175% boost in its lithium resource, amounting to over 1.58 million tonnes of lithium carbonate equivalent (LCE).
According to Chile’s Sociedad Química y Minera de Chile S.A. (SQM) (NYSE:SQM), there will be steady lithium prices in the coming months, despite the supply glut. In particular, SQM is optimistic for the second half of the year, which the company predicts will entail higher sales volumes.
“As we enter into 2024, we anticipate another robust year of growth in lithium market, with global demand increasing by at least 20%, supported by electric vehicle sales growth globally and increasing demand for battery materials,” said Ricardo Ramos, CEO of SQM. “However, the excess in lithium and battery materials capacity seen during last year is expected to continue during this year, keeping pressure on lithium market prices. We expect our average lithium prices to remain relatively stable throughout the year and our sales volumes to increase slightly during this year, subject to market conditions and any changes in supply-demand balance.”
This optimism was shared by Keith Phillips, CEO of Piedmont Lithium Inc. (NASDAQ:PLL) in an interview with Yahoo! Finance Live.
“[When it comes to mining] low prices are the cure for low prices,” said Phillips, adding that “it’s a matter of time” that prices will rebound. How fast that rebound occurs is still to be determined, however, Piedmont isn’t slowing its march.
Just recently, Piedmont received its state mining permit from the state of North Carolina, where the company owns 3,600 acres, from which it plans to mine spodumene from at least half of the area. Piedmont will then convert the material to lithium hydroxide, which is key to the manufacturing of EV batteries.
“We look forward to continued engagement with the local community and the Gaston County Board of Commissioners,” said Phillips. “We have had extensive and ongoing dialogue with possible funding sources for Carolina Lithium.”
Domestically sourced lithium is projected to become even more desirable, especially with US government incentives underway. Lithium Americas Corp. (NYSE:LAC) (TSX:LAC) recently secured a record $2.26 billion loan from the US Department of Energy to build its Thacker Pass lithium project in Nevada.
Construction began at the site located just south of the Nevada-Oregon border in March 2023, following a lengthy and intricate legal victory over conservationists, ranchers, and Indigenous groups. Lithium Americas anticipates finalizing securing a loan later this year, pending the completion of final environmental assessments. Once the financing is in place, the company aims to commence substantial construction activities, a project slated to last three years. The initial phase of the mine is projected to yield 40,000 metric tons of battery-grade lithium carbonate annually, sufficient to supply up to 800,000 electric vehicles.
“Our team has been focused on refining the development plan and de-risking construction execution of Phase 1 for Thacker Pass,” said Jonathan Evans, President and CEO of Lithium Americas. “We have de-risked execution by advancing detailed engineering and project planning. To date, we have completed all the early-works and infrastructure required for major construction, including excavating the processing plant areas.”
Looking at multiple international lithium projects, mining giant Rio Tinto Group (NYSE:RIO) has already expressed the company remains bullish on lithium despite not currently seeking any big acquisitions. Back in March, Rio Tinto committed to spending $350 million on its Rincon lithium project in Argentina, set to commence production by the end of the year.
This comes just months after the President of Serbia expressed interest to hold further talks with Rio Tinto regarding its Jadar lithium project, after the country revoked licenses on the $2.4 billion asset in 2022. If brought to completion, the project could supply 90% of Europe’s current lithium needs, and make Rio Tinto a leading lithium producer. As well, Rio Tinto held talks with the country of Rwanda back in January for the exploration and mining of lithium in the East African nation.
“[Rio Tinto is] “excited to be partnering with the government of Rwanda, applying our global experience to accelerate the search for primary lithium deposits in Rwanda’s Western Province,” said Lawrence Dechambenoit, global head of external affairs at Rio Tinto. The move could further unlock the potential of another country’s mining sector, if successful.
Source: https://usanewsgroup.com/2023/10/18/the-lithium-race-to-power/
CONTACT:USA NEWS [email protected] (604) 265-2873
Mr. William Feyerabend, a Consulting Geologist and Qualified Person under National Instrument 43-101 participated in the production of this advertisement, and approves of the technical and scientific disclosure contained herein pertaining to Lithium South.
DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Lithium South Development Corporation advertising and digital media from the company directly. There may be 3rd parties who may have shares of Lithium South Development Corporation, and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Lithium South Development Corporation which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Lithium South Development Corporation at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. The contents of this advertisement were reviewed by Mr. William Feyerabend, a Consulting Geologist and Qualified Person as defined under National Instrument 43-101. Mr. Feyerabend approves of the scientific and technical disclosure pertaining to Lithium South contained within this advertisement. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

View original content:https://www.prnewswire.co.uk/news-releases/lithium-miners-strategize-for-long-term-gains-as-market-recovers-302135776.html

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ROLLER and Amusement Connect Announce Integration to Streamline Cashless Card Operations

Published

2 days ago

May 3, 2024

CISION (PR Newswire)

New partnership enhances guest experiences and operational efficiency across attraction venues
AUSTIN, Texas, May 3, 2024 /PRNewswire/ — In an effort to improve the guest experience and streamline operations for attractions venues, ROLLER, a global leader in leisure and attractions technology, has joined forces with Amusement Connect, a recognized leader in cashless card operations. This strategic partnership delivers an integration that aims to streamline the arcade experience for operators and guests alike, providing a more efficient way for entertainment venues to operate.

Through this integration, ROLLER and Amusement Connect enable the sale, top-up, and balance checks of cashless cards directly from ROLLER’s point-of-sale devices, simplifying the management of pay-to-play attractions. This move is expected to enhance operational efficiency and improve guest satisfaction by making sales smoother and more convenient. The integration also simplifies reporting by automatically recording every purchase of a cashless card, saving venue operators time and ensuring accurate tracking of purchases.
Both companies leverage cloud-based technology to ensure that venues can operate without the need for expensive servers, with the promise of continuous updates to keep the systems equipped with the latest features and improvements. This integration also introduces the option for guests to purchase game cards online through ROLLER’s online checkout, a feature designed to make the check-in process more efficient and increase average transaction values.
“Amusement Connect and ROLLER have a shared commitment to helping attractions businesses deliver exceptional guest experiences. So, we’re thrilled to partner with Amusement Connect on this integration – a trailblazing company known for great customer support and providing innovative tech. This isn’t just about upgrading our technology—it’s delivering on our promise to make every guest experience smoother and every operator’s day a bit easier,” explained Luke Finn, CEO and Founder of ROLLER.
“As we continue to innovate and collaborate with industry leaders like ROLLER, we’re thrilled to see the tangible benefits our integration brings to our customers. Together, we’re not just transforming transactions; we’re elevating experiences and driving profitability with every interaction,” commented Frank Licausi, Co-Owner of Amusement Connect.
This partnership between ROLLER and Amusement Connect represents a significant step towards more streamlined operations in the amusement industry. It offers a blend of efficiency and convenience aimed at improving the way entertainment venues operate and enhancing the overall guest experience. For more information on this integration and how it can benefit your venue, contact ROLLER or Amusement Connect directly.
About ROLLER
ROLLER is the cloud-based venue management platform for the modern attraction, purpose-built to remove friction from the guest experience at every touchpoint. Their all-in-one platform simplifies its customers’ business processes, improving efficiency and maximizing revenue. ROLLER’s comprehensive solution includes: Online Checkout & Ticketing, Point-of-Sale, Integrated Payments, Memberships, Gift Cards, Waivers, Self-Serve Kiosks, Cashless Wallets, the Guest Experience Score®, and more. To learn more, visit roller.software.
About Amusement Connect
Founded by Frank Licausi and John Tarpley in 2017, our comprehensive game card system, accompanied by a variety of products, provides a complete overview on games and attractions in settings like bars, arcades, FEC’s, and multi-location entertainment centers. As operators and industry experts, we bring innovation, value, and the best possible experiences to entertainment venues with our award-winning game card system. Bringing you more at amusementconnect.com.

View original content:https://www.prnewswire.co.uk/news-releases/roller-and-amusement-connect-announce-integration-to-streamline-cashless-card-operations-302135415.html

Artificial Intelligence

Computer Vision in Healthcare Market Worth $11.5 billion | MarketsandMarkets™

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2 days ago

May 3, 2024

CISION (PR Newswire)

CHICAGO, May 3, 2024 /PRNewswire/ — Computer Vision in Healthcare Market in terms of revenue was estimated to be worth $3.9 billion in 2024 and is poised to reach $11.5 billion by 2029, growing at a CAGR of 24.0% from 2024 to 2029 according to a new report by MarketsandMarkets™.

The market’s expansion is fueled by the exponential growth of medical imaging data which necessitates efficient analysis methods, where computer vision techniques excel in automating and enhancing diagnostic processes. Further, the demand for improved patient care and outcomes fuels the adoption of AI-driven solutions, empowering healthcare providers with precise tools for diagnosis, treatment planning, and monitoring. Nevertheless, ensuring the accuracy and reliability of computer vision algorithms remains a significant challenge, especially in complex medical imaging tasks where errors can have critical consequences. Additionally, the regulatory landscape surrounding AI-based medical devices is evolving, requiring stringent validation and approval processes, which can impede the timely deployment of innovative solutions. Thus, restraining the market.
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Browse in-depth TOC on “Computer Vision in Healthcare Market”
505 – Tables55 – Figures379 – Pages
Computer Vision in Healthcare Market Scope:
Report Coverage
Details
Market Revenue in 2024
$3.9 billion
Estimated Value by 2029
$11.5 billion
Growth Rate
Poised to grow at a CAGR of 24.0%
Market Size Available for
2022–2029
Forecast Period
2024–2029
Forecast Units
Value (USD Billion)
Report Coverage
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered
Product & Service, Type, Applications, End User
Geographies Covered
North America, Europe, Asia Pacific, Latin America and Middle East and Africa
Report Highlights
Updated financial information / product portfolio of players
Key Market Opportunities
Computer vision solutions for healthcare that are hosted in the cloud
Key Market Drivers
The healthcare sector is experiencing a growing need for computer vision systems
“The largest share in the computer vision in healthcare market, based on type, was attributed to the PC-based computer vision systems segment in 2023.”
The PC-based computer vision systems segment holds the largest market share in the computer vision in healthcare market in 2023. The growth of this segment is propelled by factors such as PCs offering robust computational power, enabling real-time processing of complex algorithms required for tasks like medical image analysis. Also, PCs provide flexibility and scalability, allowing users to customize hardware configurations and software solutions according to specific requirements. This versatility makes them adaptable to various healthcare settings, from small clinics to large hospitals.
“In 2023, the patient activity monitoring/fall prevention segment demonstrated the most significant growth in the computer vision in healthcare market based on hospital management by type.”
The patient activity monitoring/fall prevention segment is expected to experience the highest growth in the computer vision in healthcare market. The key drivers for this growth include the aging population worldwide that has led to an increased focus on elderly care and fall prevention initiatives. Computer vision systems offer non-intrusive and continuous monitoring of patients’ movements, enabling early detection of potential fall risks and timely intervention to prevent accidents. Also, the growing adoption of wearable devices and smart sensors integrated with computer vision technology allows for seamless monitoring of patients’ activities both inside healthcare facilities and at home. This remote monitoring capability enhances patient safety and independence while reducing the burden on caregivers and healthcare resources.
“North America accounted for the largest share of the healthcare simulation market in 2023.”
In 2023, North America held the largest share in the computer vision in healthcare market, with Europe and Asia Pacific following. The significant presence of North America in the global market can be attributed to factors such as region’s strong focus on improving patient outcomes and reducing healthcare costs which incentivizes the integration of computer vision solutions to streamline processes, enhance diagnostics, and optimize treatment pathways.
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Computer Vision in Healthcare Market Dynamics:
Drivers:
The healthcare sector is experiencing a growing need for computer vision systemsRestraints:
The resistance of medical practitioners towards adopting AI-based technologiesOpportunities:
Computer vision solutions for healthcare that are hosted in the cloudChallenge:
Lack of curated dataKey Market Players of Computer Vision in Healthcare Industry:
The key players functioning in the computer vision in healthcare market include NVIDIA Corporation (US), Intel Corporation (US), Microsoft Corporation (US), Advanced Micro Devices, Inc. (US), Google, Inc. (US), Basler AG (Germany), AiCure (US), iCAD, Inc. (US), Thermo Fisher Scientific Inc. (US), SenseTime (China), KEYENCE CORPORATION (Japan), Assert AI (India), Artisight (US), LookDeep Inc. (US), care.ai (US), CareView Communications (US), VirtuSense (US), Teton (Denmark), viso.ai (Switzerland), NANO-X IMAGING LTD. (Israel), Comofi Medtech Pvt. Ltd. (India), Avidtechvision (India), Roboflow, Inc. (US), Optotune (US) and CureMetrix, Inc. (US).
The break-down of primary participants is as mentioned below:
By Company Type – Tier 1: 45%, Tier 2: 30%, and Tier 3: 25%By Designation – C-level: 42%, Director-level: 31%, and Others: 27%By Region – North America: 32%, Europe: 32%, Asia Pacific: 26%, Middle East & Africa: 5%, Latin America: 5%Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=231790940
Recent Developments of Computer Vision in Healthcare Industry:
In April 2024, iCAD partnered with RAD-AID to enhance breast cancer detection utilizing the AI technology in underserved regions and low- and middle-income countries (LMICs).In March 2024, Microsoft and NVIDIA have broadened their longstanding collaboration with robust new integrations that harness cutting-edge NVIDIA generative AI and Omniverse technologies across Microsoft Azure, Azure AI services, Microsoft Fabric, and Microsoft 365.In February 2022, Advanced Micro Devices acquired Xilinx. This acquisition established the forefront leader in high-performance and adaptive computing, with a significantly expanded scale and the most formidable portfolio of leadership computing, graphics, and adaptive SoC products in the industry.Computer Vision in Healthcare Market – Key Benefits of Buying the Report:
This report will enrich established firms and new entrants/smaller firms to gauge the market’s pulse, which, in turn, would help them garner a greater share of the market. Firms purchasing the report could use one or a combination of the below-mentioned strategies to strengthen their positions in the market.
This report provides insights on:
Analysis of key drivers: (Increasing demand for computer vision systems in the healthcare industry, government initiatives to increase the adoption of AI-based technologies), restraints (Reluctance of medical practitioners to adopt AI-based technologies), opportunities (Cloud-based healthcare computer vision solutions), and challenges (Rising security concerns related to cloud-based image processing and analytics) influencing the growth of the computer vision in healthcare market.Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the computer vision in healthcare market.Market Development: Comprehensive information on the lucrative emerging markets, products & services, applications, end-users, and regions.Market Diversification: Exhaustive information about the product portfolios, growing geographies, recent developments, and investments in the computer vision in healthcare market.Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of the leading players in the computer vision in healthcare market like NVIDIA Corporation (US), Intel Corporation (US), Microsoft Corporation (US), Advanced Micro Devices, Inc. (US), Google, Inc. (US).Related Reports:
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Get access to the latest updates on Computer Vision in Healthcare Companies and Computer Vision in Healthcare Market Size
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