realme X2 Pro Master Edition Wins Red Dot Design Award, the Trendsetting Design Earns Global Recognition

The results of Red Dot Design Award 2020, which has been regarded as “Oscars” in design industry, are officially released. realme X2 Pro, the flagship of the world’s fastest growing smartphone brand realme, became the winner in the Red Dot Award: Product Design 2020. It is the first time that realme wins Red Dot Design Award.

reddot winner 2020: realme X2 Pro Master Edition

The Red Dot Design Award, founded by German Design Council, is the internationally acknowledged global industrial design award with over 60 years history. Moreover, it is also one of the largest-scale, most influential competition and known as the symbol of high-quality design, the work winning the award is considered to be extraordinary. 

Deriving from beauty of life, the great masterpiece with leading craftsmanship

realme X2 Pro Master Edition, which is created by realme and the world-renowned industrial design master Naoto Fukasawa, brings extreme aesthetic experiences.

To literally present the seemingly normal elements and express the beauty of life, Invited Design Director of realme Naoto Fukasawa introduces realme X2 Pro Master Edition (Red Brick & Concrete), which gets inspiration from textures of common building materials in life and adored by many users with its tremendous trendsetting design and exquisite craftsmanship. 

Besides, in order to realize the exceptionally high standards for processing, realme created its custom RP paint and combined it with industry-leading lacquered glass coating technology. After 32 stages of sanding and testing, the final result is a wonderful frosted touch feeling that brings softness to glass. It also uses the laser technology PicoSure to engrave a fretwork logo on frosted glass and a replica of Naoto Fukasawa’s signature with 100% fidelity—where the finest stroke is just 0.09 mm wide. Thus, the most intricate details are displayed in the most brilliant signature. With exquisite craftsmanship and design, this great masterpiece is born, which has been recognized by the top design award.

realme X2 Pro Master Edition: Red Brick

realme X2 Pro Master Edition: Concrete

The pursuit of “Trendsetting Design”, the determination of daring to leap with the young

In 2020, realme will devote itself to building a “Dare to Leap” tech trendsetter brand, breaking the circle, bringing fashionable culture into technology industry and products featuring both “Trendsetting Technology” and “Trendsetting Design” to the young in the world.

At present, realme officially starts to launch the program of “realme Trendsetters” which invites Trendsetter designers, fashionable artists and designers in each area to co-create Tech Trendsetter gadgets together. Moreover, realme has established an internal trendsetting design studio, realme Studio, to assemble top design masters in the industry to bring fashionable and entertaining smartphones and AIoT products to consumers and create Smart Trendsetter Life for the young by integrating with the latest 5G, AI, Imaging and the realme UI with seamless fun.

realme allies with trendsetting masters worldwide to officially establish the “realme Trendsetters” program

realme hopes to co-create the trendsetting future with young people as “Popularizer of Tech Trendsetter Life”, integrates trends with technology and call for the young to break the routines and leap forward together.

Jazz pledges PKR 1.2 billion support towards Covid19 relief efforts

Pakistan's largest digital service provider, Jazz, a VEON group company, has pledged PKR 1.2 billion support towards Covid19 relief. The support will include short to mid-term initiatives aimed to limit the negative impact of the pandemic, primarily for the most vulnerable communities.

As part of this immediate rollout, Jazz will provide support to leading welfare organizations across Pakistan. The initiatives include Covid19 tests, life-saving ventilators, and food rations to be passed on to the ones most affected by the calamity. The relief response also facilitates Jazz customers to direct their charitable donations via SMS and JazzCash. Jazz employees will also be voluntarily contributing up to 3-days salary to the nationwide relief effort.

A significant part of the announced support will be for continuing zero-rated and subsidized services for access to emergency care, medical helplines, and critical health applications, which have been either marked-down or made free for customers under this coronavirus relief effort. Added support will come in through subsidized voice and data bundles and mobile payments. The company has also accelerated the sign-up process for JazzCash mobile wallets so that relief can be provided urgently by donors directly to local community members most impacted by this pandemic.

Aamir Ibrahim, the Jazz CEO, said, "We have been at the forefront of solving every crisis in Pakistan for the past 25 years. The Covid19 is no exception in stepping up our national responsibility. As a digital company, we have a huge role to play in keeping the economy advancing through online connectivity. This global crisis is unprecedented in its scale, and our prayers are with those who are suffering."

Mobile communications, access to high-speed internet, and mobile payments are declared essential services during any crisis. Jazz commits to serving its 61 million customers and anyone in need, nationwide. Aamir added, "It has been our experience that reliance on scientific data, developing a robust, on-ground response, and an active collaboration will lead us out of this crisis. I'm glad that in this time of uncertainty, we are working together with the government, the armed forces, federal and provincial authorities, as they tirelessly contain the spread of Covid19."

Even before Covid19 was declared a pandemic, Jazz began establishing nationwide awareness campaigns that allowed the country to focus on preventive measures from the coronavirus. Amidst the lockdown, the continuity of services remains a priority for Jazz to ensure that Pakistan can stay connected to both work and family.

 

For more information, please visit: https://jazz.com.pk/darna-nahin-bachna-hai

Employment and investment confidence plummets as Pakistan economy fights Covid-19 pandemic

Accountancy experts say economic confidence in Q1 has capitulated as the Pakistani economy struggles to get to grips with the fallout from the Coronavirus.

A national survey of senior accountancy practitioners, who reflect the outlook of a large number of businesses they advise, found that confidence has fallen by more than 5% to -28, a record low for Q1 registered in the 11-year history of the research.

The report Global Economic Conditions Survey (GECS), jointly published by ACCA (Association of Chartered Certified Accountants) and IMA^® (Institute of Management Accountants) reveals:

·       Global confidence fell to its lowest level on record with big falls in all regions

·       The global orders index, which tends to be less volatile than confidence, also fell sharply

·       Pakistan employment and investment tumble to record lows

·       Pakistan set to suffer a sharp economic contraction in coming months

Michael Taylor, chief economist at ACCA, revealed there was relatively little divergence in confidence between regions owing to the global nature of the coronavirus economic shock.  

He said: ‘Pakistan economic sentiment is in line with the rest of the world. Confidence fell everywhere and, in most cases, sharply and to the lowest since the survey began in 2009.

‘South Asia, Pakistan in particular, did not show a collapse in confidence in early March. Pakistan was suffering from weak growth prior to the pandemic and will quickly fall into economic contraction.

‘While this survey looks at the economic impact, it is important to remember there is a human cost both now and in the long-term on wellbeing, skills and the risk of redundancy.’

Looking ahead, Michael Taylor concludes: ‘The economic damage in coming months will be huge. But if appropriate policy action is taken, then conditions for recovery will be in place when the COVID-19 health crisis is substantially over.’

GECS Q1 2020 can be found online at: https://www.accaglobal.com/gb/en/professional-insights/global-economics/GECS_Q1_2020.html

realme, the world's fastest-growing smartphone brand, has been growing steadily and maintains the Top 7 global ranking

There's no doubt that realme has continuously provided us with some great affordable tech, especially in the smartphone department, and as such it's no wonder that realme has continuously proven their growth by maintaining their ranks in the global smartphone market.

According to the analysis of Counterpoint Research Monthly Market Pulse Feb 2020, realme, the world's fastest-growing, youth’s favourite smartphone brand, continuously ranks Top 7 with a market share of 2.7%, maintaining its previous global rankings and proving to be one of the mainstream smartphone brands.

Despite the negative impact on the global smartphone market in February, with global smartphone sales show resilience with a 14% decline, realme has been growing steadily in the global smartphone market thanks to its “Dare to Leap” philosophy, successfully has a place in the global smartphone market. This year, realme will follow the “Smartphone + AIoT” strategy to create smart trendsetting Life for the young.

In 2019, global smartphone shipments of Realme reached 25 million units with a year-on-year growth rate of 808%, ranking first in terms of growth rates among other smartphone brands, making Realme the fastest growing smartphone brand in the world.

By the end of 2019, Realme had operated in 27 countries around the world, including China, India, Indonesia, Vietnam, Thailand, Malaysia, Europe, Russia, Australia, Egypt, and others with up to 25 million global users.

 

Source: Counterpoint Research Monthly Market Pulse Feb 2020

 https://www.counterpointresearch.com/global-smartphone-sales-show-resilience-14-decline/

Pakistani youth’s favored smartphone brand realme has quickly snatched market share from existing players and is fast becoming one of the most sought after brands. Since its entry into the Pakistani market from past one year, realme, has already launched 11 products across different price segments from premium flagships to trendy mid-rangers, all designed particularly for the youth. They are also gearing up for the launch of their latest additions in the classic realme series in the coming month. realme is proving it has planned an even steeper growth trajectory than its parent company through a targeted focus on the youth.

Huawei announces solid business performance and commitment to creating greater value for customers and society

Huawei released its 2019 Annual Report today, detailing a solid business performance. The company's global sales revenue in 2019 rounded off at USD$123 billion, up 19.1% year-on-year; its net profit reached USD$9 billion; and its cash flow from operating activities topped USD$13.1 billion, up 22.4% year-on-year. As part of a long-term, ongoing investment in technological innovation and research, Huawei invested 15.3% of its 2019 revenue – or approximately USD$18.8 billion – back into R&D. Its total R&D spend over the past decade now exceeds USD$85.9 billion.

"2019 was an extraordinary year for Huawei," said Eric Xu, Huawei's Rotating Chairman. "Despite enormous outside pressure, our team forged ahead with a singular focus on creating value for our customers. We worked hard to earn their respect and trust, as well as that of our partners around the globe. Business remains solid."

In 2019, Huawei's carrier business led the commercial rollout of 5G networks. To further commercial adoption and promote new innovation in 5G applications, the company established 5G joint innovation centers together with carriers worldwide. Huawei's RuralStar base station solutions can effectively address coverage problems in remote areas. These solutions are being used in over 50 countries and regions, bringing mobile Internet to more than 40 million people living in remote areas. In 2019, sales revenue from Huawei's carrier business reached USD$42.5 billion, up 3.8% year-on-year.

Huawei's enterprise business continues to support the digital transformation of customers across industries as the company helps lay the foundations for the digital world. Globally, more than 700 cities and 228 Fortune Global 500 companies have chosen Huawei as their digital transformation partner. In 2019, Huawei announced its computing strategy with the aim of cultivating fertile soil for the intelligent world to flourish. As part of this strategy, the company launched the world's fastest AI processor, the Ascend 910, and the AI training cluster Atlas 900. In 2019, sales revenue from Huawei's enterprise business reached USD$12.8 billion, up 8.6% year-on-year.

Huawei's consumer business continues to see robust growth, with a total of 240 million smartphones shipped throughout the year. The company reports further progress in developing the Seamless AI Life ecosystem across all scenarios and devices, including personal computers, tablets, wearables, and smart screens. In 2019, sales revenue from Huawei's consumer business reached USD$66.9 billion, up 34% year-on-year.

"The external environment will only get more complicated going forward," Xu cautioned. "We need to keep enhancing the competitiveness of our products and services, promoting open innovation, and creating greater value for our customers and society at large. This is the only way we can seize the historic opportunities presented by the digital and intelligent transformation of industries, and maintain robust growth in the long run."

All financial statements in the 2019 Annual Report were independently audited by KPMG, an international Big Four accounting firm. To download the 2019 Annual Report, visit www.huawei.com/en/press-events/annual-report/2019.