ZTE Axon phone for China is the world’s first smartphone to feature three different biometric authentication options

BEIJING - Wednesday, July 22nd 2015 [ME NewsWire]

(BUSINESS WIRE)-- ZTE, a leading global mobile device maker, today launched its flagship Axon phone for the China market at the Water Cube in Beijing. Together with this announcement came the unveiling of a brand new wearable called the Axon Watch, as well as the China debut of the Spro 2 smart projector.

“Today’s launch marks a significant new chapter in product development for ZTE, and the three devices launched today are results of our ongoing commitment to becoming more consumer-centric in the global market,” said Adam Zeng, CEO, ZTE Mobile Device. “Following its U.S. debut last week, we are excited to bring our first ever global flagship to China – a market where our aim is to return to being a top-three smartphone vendor within the next three years ... Read more »

SOHO and SMB networking solutions vendor moves to cement channel business in North Africa

Dubai, United Arab Emirates - Tuesday, July 21st 2015 [ME NewsWire]

TP-LINK Technologies Co Ltd, a leading provider of SOHO and SMB networking products and wireless solutions, has announced plans that will see the company roll out a comprehensive programme focusing on developing its channel business in in Egypt.

According to the vendor that supplies Wireless solutions, ADSL, Switches, IP Cameras, Powerline Adapters, Print Servers, Media Converters and Network Adapters, the strategy to develop the business in Egypt comes as TP-LINK has seen business confidence return to the IT market in that country.

Roger Gong, Country Manager, Egypt at TP-LINK Middle East, said the company has decided to strengthen its B2B and B2C SOHO and SMB networking business in Egypt as the country is steadily turning around from the upheaval it has experienced in the past three years.

Sunburst Sensors Wins $1.5 Million in Prizes for their Breakthrough Ocean pH Sensors

NEW YORK - Tuesday, July 21st 2015 [ME NewsWire]

(BUSINESS WIRE) -- XPRIZE (www.xprize.org) and Wendy Schmidt last night announced the winners of the $2M Wendy Schmidt Ocean Health XPRIZE, a global competition to incentivize breakthroughs in pH sensor technology to accurately and affordably measure the acidification of our oceans, in a ceremony co-hosted by Foreign Affairs. Sunburst Sensors, a team of chemists and engineers from Montana, took home both Grand Prizes, a $750,000 Accuracy Grand Prize (based on performance) and a $750,000 Affordability Grand Prize (based on cost and usability).

Sunburst Sensors, led by CEO James Beck, is a Missoula, Montana-based small business focused on the development of chemical sensors for marine and freshwater applications. Sunburst Sensors successfully iterated upon their previously developed commercial sensors to create two new breakthrou ... Read more »

CHARLOTTE, N.C. - Tuesday, July 21st 2015 [ME NewsWire]

Results Include $0.7 Billion ($0.04 per Share) in Favorable Market-related Net Interest Income Adjustments

Noninterest Expense Declines to $13.8 Billion; Lowest Level Since Q4-08

Continued Business Momentum

    Consumer Banking Deposits (EOP) up $33 Billion, or 6 Percent, From Q2-14 to $547 Billion
    Residential Mortgage and Home Equity Loan Originations up 40 Percent From Q2-14 to $19.2 Billion
    1.3 Million New Credit Cards Issued; Highest Level Since Q3-08
    Merrill Edge Brokerage Assets up 15 Percent From Q2-14 to $122 Billion
    Wealth Management Asset Management Fees up 9 Percent From Q2-14 to $2.1 Billion
    Global Banking Loan Balances (EOP) up 7 Percent From Q2-14 to $307 Billion
    Generated Firmwide Investment Banking Fees of $1.5 Billion ... Read more »

ABU DHABI, United Arab Emirates - Sunday, July 19th 2015 [ME NewsWire]

A delegation from the Al Ain Traffic Section at the Traffic and Patrols Directorate at Abu Dhabi Police visited patients at the Tawam Hospital in Al Ain who are receiving treatments due to traffic-related injuries. The purpose of the visit was to interact with victims of traffic accidents and to share the joyful spirit of Eid since the patients are spending the holiday away from their families while in the hospital.

Major Matar Abdullah Al Muhairi, Chief of the Al Ain Traffic Section, emphasized the keenness of the directorate to extend bridges of cooperation and strengthen the relationship between police and the community. He highlighted how the Abu Dhabi Police are committed to the humanitarian aspects of the community outreach methodology and seek to engage the community by participating in all public events.

The delegation, which distributed flowers and wishes of speedy recovery to the ... Read more »

ABU DHABI, United Arab Emirates - Thursday, July 16th 2015 [ME NewsWire]

The Ministry of Interior’s Child Protection Centre has called on parents to observe the requirements for safety in their homes and playgrounds; and to protect children against the risks of fireworks in order to prevent any incidents that could mar these celebratory days. The Centre also urged parents to abide by the requirements of prevention and safety at the various touristic sites including parks, amusement parks, beaches, markets, malls and other locations that are expected to witness a high density of visitors during the holidays.

In a bid to enhance the public's trust and increase their satisfaction, Major General Dr. Nasser Lakhrebani Al Nuaimi, Secretary General of the Office of HH Deputy Prime Minister and Minister of Interior and Chairman of the Higher Committee for Child Protection at the Ministry of Interior, said that the Ministry is doing everything in its power to provid ... Read more »

Revenue projected to increase 21.9% to RMB 45.94 billion in first six months as a result of strong FDD-LTE and wireline systems orders, in addition to new Smart City deployments

SHENZHEN, China - Tuesday, July 21st 2015 [ME NewsWire]

(BUSINESS WIRE)-- ZTE Corporation (0763.HK / 000063.SZ), a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, expects the company to report a 43% increase in net profit for the first six months as a result of stronger sales of 4G LTE network systems.

Net profit attributable to holders of ordinary shares in the listed company is projected to be RMB 1.61 billion (US$260 million) in the first six months, according to preliminary results announcement issued by ZTE today. Operating revenue is projected to increase 21.9% to RMB 45.94 billion in the first half, from a year earlier. First-half operating profit is expected to grow 132%.

In the first half, ZTE i ... Read more »