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I-Bytes
Technology
November Edition 2020
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Table of Contents
1. Financial, M & A Updates...................................................................................................................................1
2. Solution Updates................................................................................................................................................25
3. Rewards and Recognition Updates..................................................................................................................96
4. Customer Success Updates.............................................................................................................................104
5. Partnership Ecosystem Updates.....................................................................................................................119
6. Environment & Social Updates......................................................................................................................140
7. Miscellaneous Updates....................................................................................................................................142

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Financial, M & A
Updates Technology Industry

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Financial, M&A Updates
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AMD (USA) to Acquire Xilinx, Creating the Industry’s High Performance
Computing Leader
AMD and Xilinx announced they have entered into a definitive agreement for
AMD to acquire Xilinx in an all-stock transaction valued at $35 billion. The
combination will create the industry’s leading high-performance computing
company, significantly expanding the breadth of AMD’s product portfolio and
customer set across diverse growth markets where Xilinx is an established leader.
The transaction is expected to be immediately accretive to AMD margins, EPS
and free cash flow generation and deliver industry-leading growth. The
acquisition brings together two industry leaders with complementary product
portfolios and customers. AMD will offer the industry’s strongest portfolio of
high-performance processor technologies, combining CPUs, GPUs, FPGAs,
Adaptive SoCs and deep software expertise to enable leadership computing
platforms for cloud, edge and end devices. Together, the combined company will
capitalize on opportunities spanning some of the industry’s most important
growth segments from the data center to gaming, PCs, communications,
automotive, industrial, aerospace and defense.
Executive Commentary
“Our acquisition of Xilinx marks the next leg in our journey to establish AMD
as the industry’s high performance computing leader and partner of choice for
the largest and most important technology companies in the world,” AMD
President and CEO said. “This is truly a compelling combination that will
create significant value for all stakeholders, including AMD and Xilinx
shareholders who will benefit from the future growth and upside potential of
the combined company. The Xilinx team is one of the strongest in the industry
and we are thrilled to welcome them to the AMD family. By combining our
world-class engineering teams and deep domain expertise, we will create an
industry leader with the vision, talent and scale to define the future of high
performance computing.”
Description
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Arista Networks, Inc. (USA) Reports Third Quarter 2020 Financial
Results
Third Quarter Financial Highlights
• Revenue of $605.4 million, an increase of 12.0% compared to the second quarter of
2020, and a decrease of 7.5% from the third quarter of 2019.
• GAAP gross margin of 63.6%, compared to GAAP gross margin of 63.7% in the
second quarter of 2020 and 63.8% in the third quarter of 2019.
• Non-GAAP gross margin of 64.6%, compared to non-GAAP gross margin of 64.7%
in the second quarter of 2020 and 64.4% in the third quarter of 2019.
• GAAP net income of $168.4 million, or $2.12 per diluted share, compared to GAAP
net income of $208.9 million, or $2.59 per diluted share in the third quarter of 2019.
• Non-GAAP net income of $192.0 million, or $2.42 per diluted share, compared to
non-GAAP net income of $217.1 million, or $2.69 per diluted share in the third quarter
of 2019.
Financial Outlook
• Revenue between $615 million to $635 million;
• Non-GAAP gross margin of 63% to 65%; and
• Non-GAAP operating margin of approximately 37%
“Our customers are validating our traction as we migrate from legacy to cognitive
client to cloud deployments with a cumulative of 40 million cloud networking ports
shipped by Q3 2020. Despite some COVID-19 turbulence, we believe Arista will
only emerge stronger,” stated President and CEO of Arista Networks.
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Key Financial Highlights

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Arrow Electronics (USA) Reports Third-Quarter 2020 Results
• Arrow Electronics, Inc. reported third-quarter 2020 sales of $7.23 billion, an increase of 2 percent from sales of $7.08 billion in
the third quarter of 2019.
• Third-quarter net income was $166 million, or $2.13 per share on a diluted basis, compared with a net income of $92 million, or
$1.10 per share on a diluted basis, in the third quarter of 2019.
• Non-GAAP net income was $162 million, or $2.08 per share on a diluted basis, in the third quarter of 2020, compared with
non-GAAP net income of $155 million, or $1.86 per share on a diluted basis, in the third quarter of 2019.
• Global components third-quarter sales of $5.31 billion increased 5 percent year over year. Asia-Pacific components sales
increased 29 percent year over year. Americas components sales decreased 13 percent year over year.
• Global components third-quarter operating income was $204 million. Third-quarter non-GAAP operating income was $208
million.
• Global enterprise computing solutions third-quarter sales of $1.92 billion decreased 5 percent year over year. Non-GAAP sales
decreased 7 percent year over year.
• Global enterprise computing solutions third-quarter operating income was $83 million. Third-quarter non-GAAP operating
income was $85 million.
Fourth-Quarter 2020 Outlook
• Consolidated sales of $7.45 billion to $8.05 billion, with global components sales of $5.1 billion to $5.4 billion, and global
enterprise computing solutions sales of $2.35 billion to $2.65 billion
• Net income per share on a diluted basis of $2.42 to $2.58, and non-GAAP net income per share on a diluted basis1 of $2.57 to
$2.73
• Average tax rate of approximately 23.5 percent compared to the long-term range of 23 to 25 percent
• Average diluted shares outstanding of 77 million
• Interest expense of approximately $33 million
• Expecting average USD-to-Euro exchange rate of $1.16 to €1; changes in foreign currencies to increase sales by approximately
$110 million, and earnings per share on a diluted basis by $.07 compared to the fourth quarter of 2019
“Our strong financial performance this quarter is a testament to the strength of our business model,” said Chairman, president,
and chief executive officer. “Arrow is a trusted provider of critical technology solutions, and we believe strong demand for the
products and solutions we provide will endure and increase beyond the COVID-19 pandemic. Customers and suppliers are
choosing to do more business with Arrow because of our growing engineering, design, supply chain management and hybrid
cloud solution capabilities. The hard work of our talented team and their unwavering focus on providing customers with the
products and solutions they need, when they need them, has allowed us to capitalize on opportunities leading to financial
performance that was above our expectations.”
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ASML (Netherlands) acquisition of Berliner Glas Group completed
In July 2020 ASML, one of the world’s leading manufacturers
of chipmaking equipment announced that it agreed to acquire
Berliner Glas Group, including all subsidiaries. Both
companies announce the successful closing of this transaction.
The current management team of the Berliner Glas Group will
continue to run the company and will be complemented with
ASML management. The contacts for customers and suppliers
will remain the same.
CEO of the Berliner Glas Group: “We are very pleased that
we were able to close this transaction so quickly. marks a
new beginning in the corporate history of the Berliner Glas
Group – from a family-owned international company to a
global corporation. Since we have been working with ASML
for a long time, we are convinced that we will fit very well
into the ASML organization. The corporate cultures and
values of our companies are very similar and compatible. We
will bundle our competencies and resources and continue the
success story together.”
Description
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Corning (USA) Reports Third-Quarter 2020 Results
• GAAP and core sales were $3.0 billion. Core sales increased 16%
sequentially, led by Environmental Technologies and Specialty Materials, which
had sequential growth of 68% and 37%, respectively. Core sales grew 1% year
over year, led by Specialty Materials and Display Technologies, which had
year-over-year growth of 23% and 4%, respectively.
• GAAP EPS was $0.48 and core EPS was $0.43. Core EPS grew 72%
sequentially. Core operating margin expanded to 18.3%, up 710 basis points
sequentially and 20 basis points year over year.
• Free cash flow for the third quarter was $518 million. Cumulative free cash
flow for the first three quarters was $484 million. Cash balance grew to $2.5
billion.
• Hemlock Semiconductor Group’s Sept. 9 share redemption transformed
Corning’s long-time ownership into a majority position. Corning recognized $31
million of third-quarter sales from the newly consolidated Hemlock.
Chairman and chief executive officer, said, “We had a very strong quarter
financially and operationally. Sales and operating income grew on improving
demand and commercialization of our innovations. In all the industries we
serve, important market trends are offering new opportunities that we’re
uniquely qualified to address, and we’re supporting our customers with more
Corning content for the products that people already buy.While our markets
continue to flash green, we remain vigilant in our actions to safeguard the
company’s financial strength. Operationally, we’re keeping a tight focus on
cost and manufacturing execution.When it comes to the global health fight,
we’re all-in – mobilizing our capabilities to combat the virus while
prioritizing the health, safety, and well-being of our employees. We are
focused on responding effectively to the current global uncertainties, and we
continue to rise to the challenges of these times.”
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pbb (Germany) arranges re-financing for 745 Fifth Avenue in New York
pbb Deutsche Pfandbriefbank has arranged a $250 million loan to
affiliates of the Wilhelm von Fink family and Paramount Group, Inc.,
for the re-finance of 745 Fifth Avenue in New York. 745 Fifth Avenue
offers 536,425 square feet of Class A office and retail space which is
leased by a diverse group of tenants including Bergdorf Goodman in
the retail space and boutique investment shops, legal, real estate,
consulting, and marketing firms in the office space. The iconic
property was designed by architects Buchman and Kahn and
completed in 1930. The 35-story art deco style building is
conveniently located on the corner of Fifth Avenue and 58th Street,
directly across from the Plaza Hotel and Central Park.
Head of Real Estate Finance International Clients, UK, CEE &
USA at pbb commented: “We are pleased to provide the
re-financing for such an outstanding, well-known building in New
York and to further strengthen our US-business even in such
uncertain times.“
Description
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Flex (Singapore) reports second quarter fiscal 2021 results
Second Quarter Fiscal Year 2021 Highlights:
• Net Sales: $6.0 billion
• GAAP Income Before Income Taxes: $153 million
• Adjusted Operating Income: $247 million
• GAAP Net Income: $113 million
• Adjusted Net Income: $180 million
• GAAP Earnings Per Share: $0.22
• Adjusted Earnings Per Share: $0.36
Third Quarter Fiscal 2021 Guidance
• Revenue: $6.0 billion to $6.4 billion
• GAAP Income Before Income Taxes: $125 million to 160 million
• Adjusted Operating Income: $235 million to $275 million
• GAAP EPS: $0.21 to $0.27 which includes $0.08 for stock-based compensation
expense and net intangible amortization and $0.05 for estimated restructuring and other
charges
• Adjusted EPS: $0.34 to $0.40
“Flex displayed solid execution, as we capitalized on improved demand across our
varied end markets, and delivered results above our previous expectations,” said
Chief Executive Officer of Flex. “Even during these uncertain times, we have shown
that our long-term strategy to manage portfolio mix, drive disciplined execution, and
focus on free cash flow generation, is a strong and differentiating roadmap. Looking
ahead, we are confident in our ability to maintain our performance while innovating
and delivering best-in-class solutions for our customers.”
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L3HARRIS (USA) Reports Strong Third Quarter 2020 Results And
Raises Outlook
• L3Harris Technologies, Inc. third quarter 2020 revenue of $4.5 billion, up 0.7% versus prior
year, and up 4.4% on an organic1 basis.
• GAAP net income was $430 million, down 1.1% versus prior year.
• Adjusted EBIT2 was $798 million, up 4.2% versus prior year, and margin expanded 60 basis
points (bps) to 17.9%.
• GAAP EPS was $1.99, up 4.7%, and non-GAAP EPS2 was $2.84, up 10% versus prior year.
• Orders strength in ISR continued with several international awards totaling $123 million,
including an award to provide ISR capabilities on three King Air 350ER aircraft for the Canadian
Department of National Defence (DND) and an order to deliver a missionized Gulfstream G550
aircraft to the Royal Australian Air Force (RAAF).
• In Electro Optical, sensor demand remained strong with a $37 million sole-source IDIQ
award for thermal sight systems and equipment in support of the U.S. Marine Corps Assault
Amphibious Vehicle.
• In Maritime, the company's investment in unmanned capabilities led to a $35 million award
from the U.S. Navy as the prime system integrator for the Medium Unmanned Surface Vehicle
(MUSV) program, which with options could reach $281 million.
“The L3Harris team delivered a strong quarter that demonstrated integration progress,
portfolio resiliency and the perseverance of our employees,” said Chairman and Chief
Executive Officer. “Our on-going execution puts us in a position to deliver on an improved
outlook for the year, which we'll build on over the medium term."
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IPG Photonics (USA) Announces Third Quarter 2020 Financial Results
• Third quarter revenue of $318 million decreased 3% year over year. Materials processing sales
decreased 5% year over year due to lower sales in cutting, welding and marking applications, while
sales into other applications increased 24% year over year on strength in advanced applications and
devices used in medical procedures. Materials processing sales accounted for 91% of total revenue.
• Sales of high power continuous wave ("CW") lasers, representing 58% of total revenue, were flat
on a year over year basis. These sales benefited from growth of ultra-high power fiber lasers (6
kilowatts of power or greater) which represented 58% of all high power CW laser sales. By region,
sales increased 22% in China, and decreased 10% in Europe, 41% in Japan and 26% in North America
on a year over year basis.
• Earnings per diluted share ("EPS") of $0.66 decreased 38% year over year. A goodwill
impairment charge reduced EPS by $0.63, while foreign exchange gains benefited EPS by $0.15. The
effective tax rate in the quarter was 16%, which benefited from certain discrete tax items. The
goodwill impairment charges related to Genesis Systems Group reduced operating income by $45
million and operating margin by 14 percentage points. The results of this business were impacted by
lower capital investments from industries impacted greatly by the COVID-19 pandemic, such as
aerospace and transportation, as projects have been delayed. During the third quarter, IPG generated
$70 million in cash from operations. Capital expenditures were $25 million and stock repurchases
totaled $10 million.
"We delivered third quarter results above our guidance range due to sales growth in China and a
sequential improvement in Europe," said IPG Photonics' Chief Executive Officer. "We continue
to introduce leading-edge solutions to the market thanks to our technology differentiation,
low-cost production capabilities and global footprint. Although bottom-line results were
impacted by a goodwill impairment charge of $45 million, we achieved a 160 basis point
year-over-year increase in gross margin on 3% lower revenue. We demonstrated excellent
execution given the circumstances."
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KLA Corporation (USA) Reports Fiscal 2021 First Quarter Results
• Total revenue was $1.54 billion, finishing near the high-end of
guidance;
• GAAP EPS was $2.69, and non-GAAP EPS was $3.03, each also
finishing near the high-end of guidance;
• Cash flow from operations was $512 million and free cash flow was
$456 million;
• Paid $141 million in dividends and repurchased $188 million in
common stock
Second Quarter Fiscal 2021 Guidance
• Total revenue between $1,510 million to $1,660 million
• GAAP diluted EPS attributable to KLA is expected to be in a range of
$2.59 to $3.23
• Non-GAAP diluted EPS attributable to KLA in a range of $2.82 to
$3.46
"Our results demonstrate the resourcefulness of our global workforce,
resiliency of our business model, and our continuing commitment to
returning value to our shareholders," commented President and chief
executive officer of KLA Corporation. "In the September quarter we
saw broad, diversified strength across each of our segments.
Semiconductor Process Control was solidly above plan, and our Service
business is on track to deliver double-digit growth in 2020. We also
ended the quarter with a strong backlog, reflecting the enabling role
KLA plays in our customers' drive to innovate and invest in
next-generation technology."
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Lam Research Corporation (USA) Reports Financial Results For The
Quarter Ended September 27, 2020
Highlights for the September 2020 quarter were as follows:
• Revenue of $3.18 billion.
• U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of
30.2%, and U.S. GAAP diluted EPS of $5.59.
• Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of revenue of
31.1%, and non-GAAP diluted EPS of $5.67.
• For the September 2020 quarter, revenue was $3,177 million, gross margin was $1,506 million,
or 47.4% of revenue, operating expenses were $545 million, operating income was 30.2% of revenue,
and net income was $823 million, or $5.59 per diluted share on a U.S. GAAP basis.
• For the September 2020 quarter, non-GAAP gross margin was $1,511 million, or 47.5% of
revenue, non-GAAP operating expenses were $523 million, non-GAAP operating income was 31.1%
of revenue, and non-GAAP net income was $835 million, or $5.67 per diluted share.
• Cash and cash equivalents, short-term investments, and restricted cash and investments balances
decreased slightly to $6.9 billion at the end of the September 2020 quarter compared to $7.0 billion at
the end of the June 2020 quarter. This decrease was primarily the result of $448.6 million of share
repurchases, including net share settlement on employee stock-based compensation; $167.1 million
of dividends paid to stockholders; and $62.8 million of capital expenditures, partially offset by $642.5
million of cash generated from operating activities.
“Lam generated outstanding results in the September quarter with record revenues and earnings
per share,” said Lam Research’s President and Chief Executive Officer. “Our strong operational
execution is enabling the Company to meet our customers' critical needs, providing a solid
foundation to deliver on our long-term growth objectives.”
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Lenovo (Hong Kong) Delivers Record Results, Fueled By Strong Q2
Growth Across All Business Groups
• Revenue in the second quarter of US$14.5 billion, up 7%
year-on-year and with all businesses showing strong growth.
• Profit showed even stronger growth, with record pre-tax income of
US$470 million, up 52% compared to the same quarter a year earlier,
while net income also increased by 53% year-on-year to a record
US$310 million.
• Net income up 53% year-on-year to US$310 million
• Group sees significant future growth opportunities well exceeding
analyst forecasts
• Basic earnings per share for the second quarter were 2.59 US cents
or 20.08 HK cents. Lenovo’s Board of Directors declared an interim
dividend of 6.6 HK cents per share.
“Our record results this quarter reflect our ongoing commitment to
meeting the needs of the rapidly growing work-, learn-and
play-from-home economy. All of our core businesses delivered
year-on-year growth, while our Software and Services revenue
grew to a new record,” said Lenovo Chairman and CEO. “As the
world continues to adjust to the ‘new normal’, we are confident in
the long-term growth potential of both devices and cloud
infrastructure. We will continue to leverage our core competences
of operational excellence and global/local footprint, while
accelerating our service-led transformation to better grasp
opportunities and drive sustainable growth.”
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LG Display (South Korea) Reports Third Quarter 2020 Results
• Revenues in the third quarter of 2020 increased by 27% to KRW 6,738 billion from KRW 5,307 billion
in the second quarter of 2020 and increased by 16% from KRW 5,822 billion in the third quarter of 2019.
• Operating profit in the third quarter of 2020 recorded KRW 164 billion. This compares with the
operating loss of KRW 517 billion in the second quarter of 2020 and the operating loss of KRW 436 billion
in the third quarter of 2019.
• EBITDA in the third quarter of 2020 was KRW 1,288 billion, compared with EBITDA of KRW 413
billion in the second quarter of 2020 and with EBITDA of KRW 613 billion in the third quarter of 2019.
• Net income in the third quarter of 2020 was KRW 11 billion, compared with the net loss of KRW 504
billion in the second quarter of 2020 and the net loss of KRW 442 billion in the third quarter of 2019.
• LG Display registered KRW 6,738 billion in revenues and KRW 164 billion in operating profit in the
third quarter of 2020.
• The revenue increase of 27% quarter-on-quarter was driven by a continuous rise in panel shipments
for IT products thanks to the growing trends of working from home and online schooling, as well as an
increased supply of panels for new mobile products from strategic customers, strong global TV sales, and
the start of full-scale mass-production at the company’s OLED panel production plant in Guangzhou,
China.
• LG Display returned to the black for the first time in seven quarters, with an operating profit of KRW
164 billion, due to an improved overall performance across its business sectors. It recorded KRW 11 billion
in net income and KRW 1,288 billion in EBITDA along with an EBITDA margin of 19% in the quarter.
“As lifestyles have changed due to COVID-19, TV products have been used not only for viewing
purposes, but also for games, working-from-home, and home training,” said CFO and Senior Vice
President of LG Display. He added, “Considering that OLED is the only display technology that is
optimized to meet the consumer’s needs for new experiences, as well as to flexibly provide new form
factors, we will continue to focus on expanding OLED’s market leadership.”
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Microchip (USA) Acquires High-Level Synthesis Tool Provider LegUp to Simplify
Development of PolarFire FPGA-based Edge Compute Solutions
Microchip Technology Inc. announced it acquired Toronto-based LegUp Computing Inc.,
expanding its Field-Programmable Gate Array (FPGA)-based edge compute solution stack
with a high-level synthesis (HLS) tool. Commercialized from University of Toronto
research, the LegUp HLS tool will make it easier for a larger community of software
engineers to harness the algorithm-accelerating power of Microchip’s PolarFire® FPGA and
PolarFire System on Chip (SoC) platforms.The LegUp HLS tool will be used alongside
Microchip’s VectorBlox Accelerator Software Design kit and VectorBlox Neural
Networking IP generator to provide a complete front-end solution stack for C/C++ algorithm
developers who want to work with PolarFire FPGA and PolarFire SoC devices without
having to understand the underlying Register Transfer Level (RTL) development flows.
Microchip acquired Vancouver, Canada-based VectorBlox Computing in August 2019 to
enhance its portfolio of solutions for edge compute applications.Microchip’s award-winning
PolarFire FPGAs deliver 50 percent lower power than alternative solutions at mid-range
densities while providing high levels of security and reliability. Built on the same FPGA
architecture, the PolarFire FPGA SoC is a multi-core RISC-V device that uses a
deterministic, coherent RISC-V CPU cluster and deterministic L2 memory subsystem to
provide the highest performance for acceleration applications with the greatest power
efficiency.
“The LegUp team brings us deep experience in high-level synthesis and related
technologies as we continue to optimize the integrated design environment tool flows for
our PolarFire FPGA and PolarFire SoC customers,” said Bruce Weyer, vice president of
the FPGA business unit at Microchip. “The acquisition also gives our traditional
Microchip MCU and MPU clients the ability to use FPGAs as accelerators through an
easy-to-use compiler that will substantially improve their design productivity and system
performance while shortening their time to market.”
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Nanya Technology (Taiwan) Reports Results for the Third Quarter
2020
• Nanya’s quarterly sales revenue was NT$ 15,324 million, a 7.1 percent decrease compared to the second quarter, 2020. In the third quarter of 2020,
average selling prices (ASP) and bit shipment decreased by low single digits percent respectively quarter over quarter, which strong NTD had a
negative impact on revenue by 1.5 percent.
• Gross profit of the quarter was NT$ 3,962 million; gross margin was 25.9 percent; a 4.7 percentage points decrease from that in the previous
quarter.
• Operating Income of the quarter was NT$ 2,069 million; operating margin was 13.5 percent; a 6.1 percentage points decrease from that in the last
quarter. Non-operating income of the quarter was NT$ 24 million. Income tax for this quarter was NT$ 481 million.
• The Company had net profit of NT$ 1,613 million, with net margin of 10.5 percent. Earnings per share (EPS) was NT$ 0.52 in the third quarter
(based on weighted average outstanding shares of 3,073 million).
• For the first three quarters of 2020, sales revenue was NT$ 46,232 million, net income attributable to Nanya Technology shareholders was NT$
6,761 million, EPS to NT$ 2.21 (EPS is based on weighted average outstanding shares of 3,063 million).
• Book value per share was NT$ 49.91 (after deduction of NT$ 1.5 cash dividend) at the end of the third quarter. All numbers are unaudited.
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ON Semiconductor (USA) Reports Third Quarter 2020 Results
• Revenue of $1,317.3 million
• GAAP and non-GAAP gross margin of 33.5 percent
• GAAP operating margin of 9.0 percent and non-GAAP operating margin of 12.0 percent
• GAAP diluted earnings per share of $0.38 and non-GAAP diluted earnings per share of
$0.27
Fourth Quarter 2020 Outlook
• Based on product booking trends, backlog levels, and estimated turns levels, the
Company anticipates 2020 fourth quarter revenue to be approximately $1,300 million to
$1,400 million.
• GAAP and non-GAAP gross margin for the fourth quarter of 2020 is expected to be
between 32.9 percent and 34.9 percent.
• The 2020 fourth quarter outlook also includes anticipated stock-based compensation
expense of approximately $16 million to $18 million. Net cash paid for income taxes is
expected to be $22 million to $28 million.
• The following table outlines ON Semiconductor's projected fourth quarter of 2020
GAAP and non-GAAP outlook.
"We delivered strong third quarter results, driven by broad-based macroeconomic
recovery and robust demand for our products. Our margins in the third quarter expanded
significantly quarter over quarter due to normalization of our operations following the
initial impact of the COVID-19 pandemic and growth in our revenue. Gross margin
expansion is the key strategic priority for the company, and we are making strong
progress in optimizing our manufacturing footprint and qualifying our 300mm
manufacturing processes," said President and CEO of ON Semiconductor.
"Fundamentals of our business remain strong with accelerating momentum in
automotive, industrial, and cloud-power end-markets and strong operating leverage
from revenue growth.
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Skyworks (USA) Reports Q4 And Full Year FY20 Results
• Revenue for the fourth fiscal quarter of 2020 was $956.8 million, up
30% sequentially and exceeding consensus estimates.
• On a GAAP basis, operating income for the fourth fiscal quarter of 2020
was $267.6 million with diluted earnings per share of $1.46.
• On a non-GAAP basis, operating income was $334.9 million with
non-GAAP diluted earnings per share of $1.85.
• For fiscal year 2020, revenue was $3.356 billion, with GAAP diluted
earnings per share of $4.80.
• Non-GAAP diluted earnings per share for fiscal year 2020 were $6.13.
• Returned $955 Million to Shareholders in FY20 via Dividends and
Repurchase of 6.3 Million Shares
• Guides to Double-Digit Sequential Revenue and Earnings Growth in Q1
FY21
“Skyworks significantly exceeded September quarter expectations in
revenue and earnings per share, capping off a fiscal year that both tested
and demonstrated the resilience of our business model,” said President
and chief executive officer of Skyworks. “With 5G technology launches
now well under way, we are ramping our innovative Sky5® solutions in
a rapidly expanding set of end markets, from mobile to IoT, automotive
and wireless infrastructure. Increased demand for reliable, ultra-fast
wireless connections in our homes, businesses, schools and medical
facilities is driving strong momentum throughout our product portfolio,
positioning Skyworks for continued growth.”
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Spotify Technology (Sweden) S.A. Announces Financial Results for
Third Quarter 2020
Financial Metrics
• Total revenue of €1,975 million grew 14% Y/Y in Q3 or 19% Y/Y on a constant currency basis (excluding the impact of FX movements). Reported
revenue was at the midpoint of our guidance range, as FX headwinds of approximately 500 bps meaningfully exceeded the 260 bps of headwinds
incorporated into plan.
• Within Premium, average revenue per user (“ARPU”) of €4.19 in Q3 was down 10% Y/Y (or down 6% Y/Y in constant currency terms). Excluding FX,
product mix accounted for the majority of the ARPU decline, followed by geographic mix.
• Ad-Supported revenue of €185 million outperformed the forecast, exhibiting a return to growth following the impact of the global pandemic in Q2.
• Gross Margin finished at 24.8% in Q3, toward the top end of our guidance range. A number of factors drove the positive Gross Margin variance, led by
better than forecast non-music content costs and Other Cost of Revenues (e.g. payment fees, streaming delivery costs).
• Premium Gross Margin was 27.3% in Q3, down slightly from 28.1% in Q2 and up 40 bps Y/Y. Ad-Supported Gross Margin was 0.6% in Q3, up from
(11.9)% in Q2 and down 1,200 bps Y/Y.
• Operating expenses totaled €529 million in Q3, an increase of 37% Y/Y but short of plan.
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STMicroelectronics (Taiwan) Acquires Power Amplifier and RF Front-End-Module
Specialist SOMOS Semiconductor
STMicroelectronics, a global semiconductor leader serving customers
across the spectrum of electronics applications, announced the
acquisition and integration of the assets of SOMOS Semiconductor
(“SOMOS”). SOMOS, based in Marly-le-Roy (France), is a fabless
semiconductor company founded in 2018, and specialized in
silicon-based power amplifiers and in RF Front-End Modules (FEM)
products. With this acquisition, ST reinforces its specialist staff, IP and
roadmaps of Front-End Modules for the IoT and 5G markets. A first
product – an NB-IoT / CAT-M1 module – is already undergoing
qualification and will be the inception of a new roadmap of connectivity
RF FEM products. SOMOS technology and assets will also support the
development of ST’s existing roadmap of RF Front-End Modules for the
5G infrastructure market.
“Consumers and Industry expect more and better connectivity
solutions. At ST we are committed to offering and enabling solutions
to address these needs and challenges. Cellular IoT and 5G
infrastructure technologies are key in that perspective. With this
acquisition, we reinforce our ambition to play a major role in RF FEM
for a buoyant connectivity IoT market and we strengthen our roadmap
of RF Front-End for the 5G markets,” said President,
Microcontrollers and Digital ICs Group, at STMicroelectronics.
“With the recent acquisition of BeSpoon for UWB technology and
Riot Micro for NB-IoT modems, ST now offers its customers
complete connectivity solutions leveraging the market-leading
STM32 solutions and ecosystem.”
Description
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TE Connectivity (Switzerland) announces fourth quarter and full year
results for fiscal year 2020
Fourth Quarter Highlights
• Net sales were $3.26 billion, up 28% sequentially on a reported basis compared to the
10% increase the company expected. Sales were down 1% on a reported basis and down 4%
on an organic basis year over year.
• Growth in all segments sequentially, with Transportation segment up 49%, driven by
Auto business.
• GAAP earnings per share (EPS) from continuing operations were $0.69, and adjusted
EPS were $1.16.
• Cash flow from continuing operating activities was $719 million and free cash flow was
$648 million.
Full Year Highlights
• Net sales were $12.2 billion, down 10% from fiscal year 2019 as a result of COVID-19
impact.
• GAAP EPS from continuing operations were a loss of $0.78, and adjusted EPS were
$4.26.
• Cash flow from continuing operating activities was $2 billion and free cash flow was
$1.5 billion, with $1.1 billion returned to shareholders.
"I am proud of our employees for delivering fourth quarter results well above our
expectations, exiting the year with sequential sales growth in all segments. In particular,
our Transportation segment was up nearly 50% from last quarter, driven by a recovery
in auto production and our continued outperformance versus the market due to our
strong position in hybrid and electric vehicle platform technology," said TE
Connectivity CEO. "Our global manufacturing strategy and acceleration of our cost
reduction activities enabled us to meet our commitments to our customers as they
continue to navigate the impacts of COVID-19. Our full year results demonstrate strong
cash flow generation and our portfolio is well positioned. While the markets remain
uncertain, we do expect our first quarter of 2021 to be back to pre-COVID revenue
levels and we expect an increase in profitability with year-over-year adjusted margin and
EPS growth."
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Verisign (USA) Reports Third Quarter 2020 Results
Financial Highlights
• Verisign ended the third quarter of 2020 with cash, cash equivalents and marketable securities of
$1.15 billion, a decrease of $68 million from the end of 2019.
• Cash flows from operating activities were $140 million for the third quarter of 2020, compared
to $208 million for the same quarter in 2019.
• Deferred revenues as of Sept. 30, 2020 totaled $1.06 billion, an increase of $28 million from the
end of 2019.
• During the third quarter of 2020, Verisign repurchased 0.8 million shares of its common stock for
an aggregate cost of $170 million. As of Sept. 30, 2020, there was $506 million remaining for future
share repurchases under the share repurchase program which has no expiration date.
Business Highlights
• Verisign ended the third quarter of 2020 with 163.7 million .com and .netdomain name
registrations in the domain name base, a 4.0 percent increase from the end of the third quarter of 2019,
and a net increase of 1.65 million during the third quarter of 2020.
• During the third quarter of 2020, Verisign processed 10.9 million new domain name registrations
for .com and .net, compared to 9.9 million for the same quarter in 2019.
• The final .com and .net renewal rate for the second quarter of 2020 was 72.8 percent compared to
74.2 percent for the same quarter in 2019. Renewal rates are not fully measurable until 45 days after
the end of the quarter.
“Our third quarter results reflect our ongoing discipline in execution of our mission. We are
acutely aware of the extent to which people rely on our critical internet infrastructure as the
COVID-19 pandemic continues, and we remain focused on our mission to help keep the world
connected online, reliably and securely,” said Executive Chairman and Chief Executive Officer.
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Successful Sale of Wirecard North America
Wirecard Acquiring & Issuing GmbH, a fully owned subsidiary of Wirecard
AG, has sold Wirecard North America Inc. to Syncapay, Inc., a US holding
company focused on high potential payment solutions. The consummation of
the transaction is subject to regulatory approval. Wirecard North America is
one of the market leaders in the US for the issuing of compensation,
disbursement, consumer incentive and refund cards. Wirecard North America
is the second major acquisition of Syncapay after the acquisition of daVinci
Payments in 2017. The acquisition is backed by the private investment
management firm Centerbridge Partners L.P., which is making a majority
equity investment in Syncapay, and existing Syncapay shareholders Bain
Capital Ventures, Silversmith Capital Partners, MissionOG, and NYCA. In
August Wirecard Acquiring & Issuing had sold its Brazilian subsidiary to the
NASDAQ Listed PagSeguro group. This transaction is expected to close by
the end of the month.
“We are very happy with this solution for Wirecard North America. With
this transaction we have achieved an important milestone in our sales
efforts in the best interest of the creditors of Wirecard AG.”, said the
insolvency administrator.
Description
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Western Digital (USA) Reports Fiscal First Quarter 2021 Financial
Results
• First quarter revenue was $3.9 billion, down 3% year-over-year
(YoY). Client Devices increased 20%, Data Center Devices and
Solutions revenue declined 26%, and Client Solutions declined 5% YoY.
• First quarter GAAP earnings per share (EPS) was ($0.20) and
non-GAAP EPS was $0.65. Both GAAP and non-GAAP EPS include
$28 million in costs related to COVID-19 in the first quarter.
• Generated operating cash flow of $363 million and free cash flow of
$196 million in the first quarter.
• Expecting fiscal second quarter 2021 revenue to be in the range of
$3.75 billion to $3.95 billion with non-GAAP EPS in the range of $0.40
to $0.60. Non-GAAP EPS outlook includes costs related to COVID-19.
"I am pleased with our results, as we continued to focus our execution
on the massive market opportunity for data storage technology that
stems from the ongoing expansion of cloud infrastructure connected
to intelligent endpoints and powered by high performance networks,"
said David Goeckeler, Western Digital CEO. "While we are still
managing through macro uncertainty, during the quarter we
benefitted from strength particularly in the retail sector, driven by
favorable macro and market dynamics, as well as the brand
recognition of our products. Our diversified storage portfolio strategy
implemented through our recently announced organizational
structure will enable us to accelerate growth, improve our focus, and
drive sustainable, long-term shareholder value."
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Seagate Technology (Ireland) Reports Fiscal First Quarter 2021
Financial Results
• Revenue of $2.31 billion
• GAAP operating margin of 10.8%; non-GAAP operating margin of 12.7%
• GAAP diluted earnings per share (EPS) of $0.86; non-GAAP diluted EPS of $0.93
• Cash flow from operations of $297 million and free cash flow of $186 million
• Raised the quarterly cash dividend by 3% to $0.67 per share
• Approved a $3 billion increase to the share repurchase authorization, bringing the available
amount to $4.2 billion
• The Company generated $297 million in cash flow from operations and $186 million in free
cash flow during the fiscal first quarter 2021. Seagate maintained a healthy balance sheet and
during the fiscal first quarter 2021, the Company paid cash dividends of $167 million and
repurchased 1.5 million ordinary shares for $68 million. Cash and cash equivalents totaled $1.7
billion at the end of the quarter. There were 258 million ordinary shares issued and outstanding
as of the end of the quarter.
• Guidance regarding non-GAAP diluted EPS excludes known charges related to amortization
of acquired intangible assets of $0.01 per share, estimated share-based compensation expenses of
$0.12 per share and restructuring costs of $0.01 per share.
"Seagate delivered solid September quarter results supported by strong recovery in the video
and image applications market and healthy cloud data center demand, which drove double
digit year-over-year revenue growth for our mass capacity storage solutions. We see
indications for Enterprise demand to improve and we expect this to continue as the broader
markets gradually recover, supporting our positive December quarter outlook and
reinforcing our revenue expectations for the fiscal year," said Dave Mosley, Seagate’s chief
executive officer.Demand for data continues to explode, even through this current period of
market uncertainty. As a leader in mass data management, Seagate is executing a technology
roadmap focused on helping customers put their valuable data to work. We are on track to
ship our first HAMR drives for revenue in December, which is an important industry
milestone to support the growing need for mass capacity storage. We also have introduced
CORTX, an open-source, object-storage software, along with Lyve Rack that together offer
enterprises a simple, secure and efficient way to manage massive volumes of data. These
developments illustrate our confidence in identifying and capturing future growth
opportunities, and we are further underscoring the confidence in our strategy and long-term
cash generation abilities with a 3% increase in our quarterly dividend and a $3 billion
increase to our existing share repurchase authorization."
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Technology Industry

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AMD (USA) Launches AMD Ryzen 5000 Series Desktop Processors: The
Fastest Gaming CPUs in the World
25
Solution Description
AMD introduced the highly anticipated AMD Ryzen 5000 Series desktop processor lineup powered by the new “Zen 3” architecture. Offering up to 16 cores, 32 threads
and 72 MB of cache in the top-of-the-line AMD Ryzen 9 5950X, AMD Ryzen 5000 series processors dominate in heavily threaded workloads1 and power efficiency2,
while the AMD Ryzen 9 5900X processor offers up to a 26% generational uplift in gaming performance3. With extensive improvements throughout the core including
a unified 8-core complex with direct access to 32MB L3 cache, the new AMD “Zen 3” core architecture delivers a 19% generational increase in instructions per cycle
(IPC)4, the largest since the introduction of “Zen” processors in 2017.Featuring a remarkable 19% IPC increase4 over the prior generation in PC workloads, the “Zen 3”
architecture pushes gaming and content creation performance leadership6 to a new level. “Zen 3” architecture reduces latency from accelerated core and cache
communication and doubles the directly accessible L3 cache per core while delivering up to 2.8X more performance-per-watt versus the competition2.
The top of the line 16 core AMD Ryzen 9 5950X offers:
• The highest single-thread performance of any desktop gaming processor
• The most multi-core performance of any desktop gaming processor and any desktop processor in a mainstream CPU socket
The 12 core AMD Ryzen 9 5900X offers the best gaming experience by:
• Average of 7% faster in 1080p gaming across select game titles than the competition
• Average of 26% faster in 1080p gaming across select titles generationally

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The AMD (USA) EPYC™ Server Ecosystem Grows with New HCI Solutions From
Nutanix and Other Partners Supporting “Work from Anywhere” Environment
26
AMD announced the continued expansion of the AMD EPYC™ processor ecosystem for virtualized environments and
hyperconverged infrastructure (HCI) with Lenovo announcing the ThinkAgile HX, the latest solution based on AMD EPYC
processors and Nutanix’s hybrid cloud infrastructure solution. This new solution expands the ecosystem of AMD EPYC based cloud
and virtualized solutions. As customers want more value for their data center budget, IT departments are moving to HCI to modernize
and transform their enterprise data center. This creates a high performing and efficient data center that is easier to manage for the
quick-changing needs of businesses. By choosing AMD EPYC processors and Nutanix hybrid and multicloud solutions, customers
can accelerate workloads like digital workspaces including VDI with fantastic performance, advanced security features, and broad
ecosystem support from major ISVs and OEM partners.AMD EPYC™ processors have become a leading choice to drive innovation
of virtualization and HCI solutions due to its accelerated performance, class leading memory capabilities,1 and advanced security
features. These solutions using AMD EPYC processors are now widely available, customers have a choice of solutions when
modernizing their data centers.

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AMD (USA) Unveils Next-Generation PC Gaming with AMD Radeon™ RX 6000
Series – Bringing Leadership 4K Resolution Performance to AAA Gaming
27
AMD unveiled the AMD Radeon™ RX 6000 Series graphics cards, delivering powerhouse performance, incredibly life-like visuals, and must-have
features that set a new standard for enthusiast-class PC gaming experiences. Representing the forefront of extreme engineering and design, the highly
anticipated AMD Radeon™ RX 6000 Series includes the AMD Radeon™ RX 6800 and Radeon™ RX 6800 XT graphics cards, as well as the new
flagship Radeon™ RX 6900 XT – the fastest AMD gaming graphics card ever developed. AMD Radeon™ RX 6000 Series graphics cards are built upon
groundbreaking AMD RDNA™ 2 gaming architecture, a new foundation for next-generation consoles, PCs, laptops and mobile devices, designed to
deliver the optimal combination of performance and power efficiency. AMD RDNA™ 2 gaming architecture provides up to 2X higher performance in
select titles with the AMD Radeon™ RX 6900 XT graphics card compared to the AMD Radeon™ RX 5700 XT graphics card built on AMD RDNA™
architecture, and up to 54 percent more performance-per-watt when comparing the AMD Radeon™ RX 6800 XT graphics card to the AMD Radeon™
RX 5700 XT graphics card using the same 7nm process technology2. AMD RDNA™ 2 offers a number of innovations, including applying advanced
power saving techniques to high-performance compute units to improve energy efficiency by up to 30 percent per cycle per compute unit3, and
leveraging high-speed design methodologies to provide up to a 30 percent frequency boost at the same power level4. It also includes new AMD Infinity
Cache technology that offers up to 2.4X greater bandwidth-per-watt compared to GDDR6-only AMD RDNA™-based architectural designs.

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Alps Alpine (Japan) Develops Location Monitoring System – Sales to
Begin
28
Alps Alpine Co., Ltd. (Tokyo: 6770; President & CEO: Toshihiro Kuriyama) has developed a Location Monitoring System, packaging together a vehicle positioning application,
mobile devices containing the application and a location management console to enable deployment of centralized fleet management at low cost. Alps Alpine is teaming up with group
company in charge of aftermarket automotive infotainment system sales, Alpine Electronics Marketing, Inc., to launch sales to car rental operators in October 2020. According to a
survey1 conducted by Japan’s Ministry of Land, Infrastructure, Transport and Tourism, more than 12,000 rental car operators were in business nationwide as of March 2018, roughly
twice as many as a decade earlier. The combined rental fleet came to around 750,000 vehicles, again almost twice the 2008 figure, an indication of just how much the car rental market
has grown. More people than before are using rental services as fewer households own a car, particularly younger age groups. There are other reasons, too, such as avoidance of public
transport due to the COVID-19 pandemic, and further market growth is predicted. But although the market is expected to keep growing, car rental operators frequently have to deal
with vehicles being returned late without notice or, in some cases, not being returned at all2. A car not returned on time impedes preparations to receive it, while an unreturned vehicle
requires investigation, coordination with waiting customers, and other adjustments, affecting operational efficiency. Rental fleets are growing due to an expanding market and will need
to be managed with even greater efficiency, but there is concern the issues will only worsen. The Location Monitoring System newly developed by Alps Alpine makes use of a
special-purpose mobile device equipped with a vehicle positioning application that is lent to the user along with the car. Rental operators can check the real-time location of multiple
cars currently in use within a map view on an Alps Alpine-developed location management console. Input the scheduled return time and the console will display pop-up notifications
both before and at the scheduled time to remind administrators that preparations must be made for the vehicle’s return. Meanwhile, to help prevent late returns, an automated message
will be sent to the mobile device in the user’s possession urging them to return to the rental outlet, having calculated from the car’s current location the time required to reach the outlet
by the designated hour.

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Amphenol (USA) Industrial's ePower-Lite 5.7mm
29
Amphenol Industrial Operations now offers a medium amperage connection system that is rated up to 120 A of continuous current.
The ePower-Lite 5.7mm has an operating voltage of 600V AC / 800V DC. Used to connect PTC/AC to DC and related control boxes,
including power distribution units (PDU), this 2-pole connector features HVIL, EMI shielding and secondary locking for
performance and safety. Designed for use in electric vehicles, hybrid and pure EV heavy equipment, these robust connectors feature
a lightweight plastic shell and compact design to provide both weight and space savings in vehicle architecture. Amphenol’s
ePower-Lite connector is built to meet the demanding needs of medium amperage applications. It incorporates 5.7 mm terminals with
Amphenol’s patented R4 RADSOK technology to achieve higher current ratings, lower insertion forces and lower temperature rise
and contact resistance. Due to the low insertion force, no mechanical assist is required. These touch-proof connectors are RoHS
compliant and feature a straight version plug for easy mating, as well as a keyway design to prevent incorrect mating. The
ePower-Lite can be mated a minimum of 100 times. This connector series has a UL 94V-0 flammability rating, an IP67 rating when
mated, and an operating temperature range from -40°C to 125°C.

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Apple (USA) introduces HomePod mini: A powerful smart speaker with
amazing sound
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Apple unveiled HomePod mini, the newest addition to the HomePod family that delivers impressive sound, the intelligence of Siri to get things done, and a smart home
experience that offers comfort and convenience without complexity. At just 3.3 inches tall, HomePod mini is packed with innovative technologies and advanced software that
together enable computational audio to deliver breakthrough audio quality wherever it is placed. HomePod mini will be available in white and space grey at a great price of just
INR 9,900.HomePod mini is designed to work with Apple Music, podcasts, radio stations from iHeartRadio, radio.com, and TuneIn, and in the coming months, popular music
services including Pandora and Amazon Music. Multiple HomePod mini speakers work together to stream music or podcasts to multiple rooms, all in perfect sync. By placing
two HomePod mini speakers in a single room, a stereo pair can be created for a wide soundstage, filling the space with rich, enveloping sound.HomePod mini delivers an
incredibly rich and detailed acoustic experience, using computational audio to deliver peak performance. To achieve big sound out of such a compact design, the Apple S5 chip
in HomePod mini works with advanced software to analyse the unique characteristics of the music and apply complex tuning models to optimise loudness, adjust the dynamic
range, and control the movement of the driver and passive radiators in real time. The Apple-engineered full-range driver, powered by a neodymium magnet and a pair of
force-cancelling passive radiators, enables deep bass and crisp high frequencies.Applying the same acoustic principles used to deliver amazing sound in HomePod, HomePod
mini features an Apple-designed acoustic waveguide to direct the flow of sound down and out toward the bottom of the speaker for an immersive 360-degree audio experience.
This allows customers to place HomePod mini almost anywhere in a room and hear consistent sound. A three-microphone array listens for “Hey Siri,” and a fourth
inward-facing microphone helps isolate sound coming from the speaker to improve voice detection when music is playing.

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Apple (USA) announces iPhone 12 and iPhone 12 mini: A new era for
iPhone with 5G
31
Apple unveiled iPhone 12 and iPhone 12 mini with 5G technology, ushering in a new era for the world’s best smartphone. The newly designed
iPhone 12 models feature expansive edge-to-edge Super Retina XDR displays for a brighter, more immersive viewing experience, and a new
Ceramic Shield front cover, providing the biggest jump in durability ever on iPhone. The Apple-designed A14 Bionic, the fastest chip in a
smartphone, powers every experience on iPhone 12, and coupled with an advanced dual-camera system, delivers meaningful new computational
photography features and the highest quality video in a smartphone. iPhone 12 models also introduce MagSafe, offering high-powered wireless
charging and an all-new ecosystem of accessories that easily attach to iPhone.iPhone 12 and iPhone 12 mini will be available in five beautiful
aluminium finishes, including blue, green, black, white, and (PRODUCT)RED.1 Pre-orders for iPhone 12 begin Friday, October 16, with
availability beginning Friday, October 23. iPhone 12 mini will be available for pre-order beginning Friday, November 6, and in stores beginning
Friday, November 13.iPhone 12 and iPhone 12 mini deliver an advanced 5G experience on a global scale, engineered with a seamless integration
of world-class hardware and world-class software. 5G on iPhone boasts improved speeds for faster downloads and uploads, higher quality video
streaming, more responsive gaming, real-time interactivity in apps, FaceTime in high definition, and more. Customers will also be able to enjoy a
secure, fast connection, reducing the need to connect to public Wi-Fi hotspots.

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Apple (USA) introduces iPhone 12 Pro and iPhone 12 Pro Max with 5G
32
Apple announced iPhone 12 Pro and iPhone 12 Pro Max, introducing a powerful 5G experience and advanced technologies that push the boundaries of
innovation for users who want the most out of iPhone. iPhone 12 Pro models feature a new design and edge-to-edge Super Retina XDR displays, the
largest ever on iPhone, protected by the all-new Ceramic Shield front cover, which provides the biggest jump in durability ever on iPhone. The
Apple-designed A14 Bionic chip, the fastest chip in a smartphone, powers impressive computational photography features including the all-new Apple
ProRAW for more creative control in photos, and enables the first end-to-end Dolby Vision video experience, up to 60 fps. The reimagined pro camera
systems include an expansive Ultra Wide camera, a Telephoto camera with an even longer focal length on iPhone 12 Pro Max, and new Wide cameras
to capture beautiful professional-quality images and video in bright and low-light environments. iPhone 12 Pro models also introduce a new LiDAR
Scanner for immersive augmented reality (AR) experiences and MagSafe, which offers high-powered wireless charging and an all-new ecosystem of
accessories that easily attach to iPhone.iPhone 12 Pro and iPhone 12 Pro Max deliver an advanced 5G experience on a global scale, engineered with a
seamless integration of world-class hardware and world-class software. 5G on iPhone boasts improved speeds for faster downloads and uploads, higher
quality video streaming, more responsive gaming, real-time interactivity in apps, FaceTime in high definition, and much more. Customers will also be
able to enjoy a secure, fast connection, reducing the need to connect to public Wi-Fi hotspots.

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All-new iPad Air with advanced A14 Bionic chip available to order
starting
33
The most powerful, versatile, and colourful iPad Air ever is here. Starting, alongside the new iPhone 12, customers can order the all-new
iPad Air, with availability beginning Friday, October 23. Offered in five gorgeous finishes, iPad Air features an all-screen design with a
larger 10.9-inch Liquid Retina display, camera and audio upgrades, a new integrated Touch ID sensor in the top button, and the powerful
A14 Bionic for a massive boost in performance, making this by far the most powerful and capable iPad Air ever made.iPad Air features
a completely new thin and light design in five gorgeous finishes: silver, space grey, rose gold, green, and sky blue. The new all-screen
design brings a larger 10.9-inch Liquid Retina display for a stunning visual experience, with 3.8 million pixels and advanced
technologies, including full lamination, P3 wide colour support, True Tone, and an anti-reflective coating. To allow the display to extend
on all sides, a next-generation Touch ID sensor is integrated into the top button, providing the same fast, easy, and secure way to unlock
iPad Air, log in to apps, or use Apple Pay, which customers know and love. iPad Air is compatible with Magic Keyboard and its floating
design with built-in trackpad, the Smart Keyboard Folio, and new Smart Folio covers, as well as Apple Pencil (2nd generation), which
attaches magnetically to the side of iPad for easy pairing, charging, and storing.

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Applied Materials (USA) And Be Semiconductor Industries To Accelerate
Chip Integration Technology For The Semiconductor Industry
34
Applied Materials, Inc. and BE Semiconductor Industries N.V. announced an agreement to develop the industry’s first complete and proven equipment solution
for die-based hybrid bonding, an emerging chip-to-chip interconnect technology that enables heterogeneous chip and subsystem designs for applications including
high-performance computing, AI and 5G.As traditional 2D scaling slows, the semiconductor industry is shifting towards heterogeneous design and chip integration
as a new way to deliver improvements in performance, power, area/cost and time-to-market (PPACt). To accelerate this trend, Applied and Besi have formed a joint
development program and are establishing a Center of Excellence focused on next-generation chip-to-chip bonding technology. The program harnesses the
companies’ respective front- and back-end semiconductor expertise to deliver co-optimized integrated hybrid bonding configurations and equipment solutions for
customers.A complete die-based hybrid bonding equipment solution requires a broad suite of semiconductor manufacturing technologies along with high-speed
and extremely precise chiplet placement technology. To achieve this, the joint development program brings together Applied’s semiconductor process expertise in
etch, planarization, deposition, wafer cleaning, metrology, inspection and particle defect control with Besi’s leading die placement, interconnect and assembly
solutions.The Center of Excellence will be located at Applied’s Advanced Packaging Development Center in Singapore which is one of the industry’s most
advanced wafer-level packaging labs. It enables the foundational building blocks of heterogenous integration in a 17,300-square-foot Class 10 cleanroom with full
lines of wafer-level packaging equipment. The Center of Excellence will provide customers a platform to accelerate the development of custom hybrid bonding
test vehicles including design, modeling, simulation, fabrication and testing.

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Arista (USA) Expands Cognitive Campus Portfolio for Enterprises
35
Arista Networks announced the expansion of its Cognitive Campus portfolio with new platforms, including the new 750 Series modular chassis for enhanced
security solutions and simplified automation workflows. These new capabilities bring improved efficiency and opex reduction to enterprise workspaces
based on modern cloud networking principles.Today’s campus networks are evolving to support the growing variety of endpoints including WiFi6 access
points, mobile technology and IoT (Internet of Things) devices. These trends are driving the need for increased performance and power efficiency of the
network infrastructure to deliver both 5 and 10G connectivity with 25G and 100G wire rate uplinks. Migrating from 10G to 40G is expensive and challenging
due to recabling costs where 25G is a cost-effective option and 100G delivers the highest performance.To address these challenges, Arista is introducing the
750 Series systems, the first 100G ready, high-density 1G to 10G modular PoE (Power over Ethernet) switches, built for security, modern IoT and real-time
telemetry and the 720 Series 96 port.Campuses are evolving from dedicated offices to smart workspaces with communal-shared, collaborative places. This
drives the security needs from perimeter to end-to-end encryption. Campus networks require a zero-trust model with secure segmentation and dedicated
encryption to avoid snooping through third party IoT or BYOD (Bring Your Own Device).The Arista 750 Series supports security using industry
standards-based MACsec encryption and EVPN/VXLAN segmentation. Each and every access port from 10Mb to 10G supports 256-bit encryption to secure
communications between devices. Finally, all supervisor uplinks also support encryption for secure connectivity to the enterprise network.

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AIA constructs all-round solar energy solutions with the government,
industry, the public to create a win-win
36
The international community's sense of sustainability is heating up, governments are actively engaged in carbon reduction policies, AIA through resource integration and partner
development of renewable energy, the construction of high-efficiency modules, selected packages of products, intelligent operation and all-round power plant solutions and other needs
of the complete service category, in addition to cooperation with large enterprise groups to build solar power, but also the first cross-border and national power plant platform alliance,
to achieve a win-win situation in government, industry, the public, and work together to build a green low-carbon home. AIA with the domestic well-known large factories to create
green energy, including cooperation with Qimei Industrial to tree electricity co-physiological ideas, the construction of Qimei Green Energy Park 15MW solar power generation
system, and the completion of Yongfeng Yu Group seven plants in Taiwan to build a rooftop solar power plant, a total installed capacity of 13MW, and planning in the family
convenience store company north central and south plant roof to build solar photovoltaics, the total installed capacity of about 4.7MW. AIA through the integration of resources to
develop a variety of product services, can be in the power plant construction process at different stages, such as planning, construction and operation to meet the needs of each period,
and through AI intelligent operation and operation of cloud monitoring solutions, so that power plant operation and operation efficiency optimization, but also to provide various types
of solar field required inverters, connectors, cables and thermal dip galvanizing products and services to meet customer demand for a full stop. For all types of power plant needs, AIA
continues to develop high-reliability and high-efficiency module solutions with high humidity, salt spray and strong winds. One of the 60-chip single-crystal PERC multi-gate line
semi-cut battery module, with high efficiency, weather-resistant module advantages, won the 2020 Ministry of Economy "Golden Energy Award" affirmed, and the maximum watt size
of up to 360 watts, while also developing 72 six-inch single-crystal PERC multi-gate wire semi-cut high-efficiency dual-sided module, in addition to the front of the battery can absorb
sunlight, the back module can also absorb reflected light and diffuse light, can greatly improve the efficiency of solar power generation.

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Autodesk (USA) Expands BuildingConnected into EMEA and APAC to Give Global
Construction Teams Access to Best-in-Class Bid Management Solution
37
Autodesk, Inc. announced the international expansion of BuildingConnected, a construction management solution that centralizes and streamlines the bidding process, and
encompasses the Autodesk Construction Cloud builders network, a crowdsourced network of construction professionals. Owners and general contractors use
BuildingConnected to discover trade partners and identify the right subcontractor for the job, and to solicit and compare bids – also referred to as tenders – from one central
location. With its international expansion, the BuildingConnected solution is now available in the United Kingdom, Ireland, Australia and New Zealand.For estimating teams,
BuildingConnected helps save time and increases collaboration in managing the bidding process with automated workflows that facilitate securing the best team for a
construction project. Estimators and bid coordinators can use the solution’s network of subcontractors and bid management capabilities to find, qualify and invite subcontractors
to bid on a job, and then use its advanced bid comparison features to view all bid packages from one place with access to the real-time status of bids and project costs.
BuildingConnected empowers preconstruction teams to:
• Quickly solicit bids with customizable templates and accurately compare those bids in a side-by-side "apples-to-apples" fashion
• Track against internal budgets with real-time cost updates
• Easily collaborate with other estimators on the team, and follow communications and bid versions
• Export bids and summary sheets for transparent collaboration with owners
• Gain valuable insight into historical bid data and reports to optimize for future projects

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Fujifilm (Japan) launches FUJINON Lens XF10-24mmF4 R OIS WR
38
FUJIFILM Corporation (President: Kenji Sukeno) is pleased to announce the launch of the ultra-wide angle zoom lens “FUJINON Lens XF10-24mmF4 R OIS
WR” (XF10-24mmF4 R OIS WR) in late November 2020. The new lens joins the “XF Lens” lineup of interchangeable lenses for the X Series of mirrorless digital
cameras, known for their compact and lightweight body and superior image quality based on the company's proprietary color reproduction technology. This is a
compact lens that inherits the exceptional optical performance of the existing “FUJINON Lens XF10-24mmF4 R OIS” (the previous model) while newly adopting
a weather-resistant structure. In addition, optical image stabilization and operability have been improved over the previous model for enhanced functionality and
utility. It produces high-quality images in a wide range of shooting situations including landscape photography and snapshots.The XF10-24mmF4 R OIS WR
covers focal lengths from the ultra-wide angle 10mm to wide angle 24mm (equivalent to 15mm – 36mm in the 35mm format). It is a versatile lens that caters to a
wide variety of shooting scenes, with the ultra-wide angle side for dynamic expanses of sweeping landscape with exaggerated perspective, and the longer end of
up to 24mm for snapshots and portrait photography. The lens inherits the popular previous model's maximum aperture of F4.0 (across the entire zoom range) and
advanced image-resolving performance, while adopting a weather-resistant structure to achieve dust- and moisture-resistance and ability to operate at temperatures
of down to -10℃. Furthermore, the new lens offers 3.5-stops of image stabilization performance, a whole one-stop improvement over the previous model. Using
advanced mechanical technology, it is 25 grams lighter than the previous model, making it a powerful tool for hand-held shooting. Its advanced utility is also
backed by operability enhancements, including the introduction of the Auto-position lock on the aperture ring.

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Fujifilm (Japan) launches mirrorless digital camera “FUJIFILM X-S10”
39
FUJIFILM Corporation is pleased to announce the launch of the mirrorless digital camera “FUJIFILM X-S10” (X-S10) in the mid-November 2020. It
is a new addition to the X Series of mirrorless digital cameras known for their compact and lightweight body and superior image quality based on the
company's proprietary color reproduction technology. In its compact and lightweight body, the X-S10 features the newly-developed up to 6.0-stops of
five-axis image stabilization mechanism*, fast and accurate AF system that attains focus in as fast as 0.02 seconds, a large grip that makes it stable to
hold the camera, and the high-performance auto-shooting function. The X-S10 is a mirrorless digital camera that sports X Series' advanced shooting
functionality, while making it easier to take premium quality image.The X-S10 is a mirrorless digital camera that features the five-axis six-stop image
stabilization mechanism in its compact and lightweight body of just 465g**. It is equipped with the back-illuminated 26.1MP sensor “X-Trans™
CMOS 4”*** and the high-speed image processing engine “X-Processor 4,” both featured in the X Series' flagship model, “FUJIFILM X-T4”, to
achieve accurate and high-speed AF performance in as fast as 0.02 seconds. The X-S10 also offers excellent operability and ease of use, thanks to its
large grip for hand-held stability and the rear LCD monitor with the vari-angle structure. Users can take beautiful pictures easily using the advanced
“AUTO/SP (Scene Position) mode, which automatically selects optimum settings according to scenes. The camera also offers advanced video
performance, capable of recording smooth 4K/30P video in rich colors and high-speed Full-HD video at 240fps.

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Fujifilm (Japan) launches “instax SQUARE SQ1”
40
FUJIFILM Corporation (President: Kenji Sukeno) is pleased to announce the launch of “instax SQUARE SQ1” (SQ1) on November 6, 2020 in Japan. It will be a new addition
to the instax series of instant cameras compatible with square format film, allowing users to enjoy on-the-spot photo printing. SQ1 is an entry model that sought simple design
and operability, and delivers a fun square format instax print experience to a broad range of users. Also accompanying the launch of SQ1 are two square format film.
“RAINBOW,” which features various gradations around its frame in different color for each print, and “MONOCHROME,” a monochrome print which users can enjoy artistic
photographic expressions. Square format film “RAINBOW” and “MONOCHROME” will be available on November 6, 2020 in Japan.The instax series has been affectionately
called “Cheki” in Japan since its initial launch in 1998. Now many people, especially the younger generation, embrace it in over 100 countries worldwide including Europe, the
Americas, China, and Southeast Asia. Offered in this series are card-sized “mini format” prints, “square format” prints, and double-card-sized “wide format” prints. With
differently formatted film options, Fujifilm invites users to have fun with instax in many different ways. The series has gained worldwide popularity for its ability to not only
print and keep a precious moment right on the spot but also as a new tool with which users can communicate their emotions.The SQ1 is compatible with square format film,
which have been popular among people in younger generations. Fujifilm pursued a simple and stylish design that enables users to carry the camera around in a variety of
situations. Featuring only a shutter button for control, the SQ1 makes photo-shooting easy for everybody: it sports a rounded grip for a comfortable hold based on a box form
reminiscent of square format film, and its matte feel is also key to the camera's ever-attractive design.The series comes in three colors: Terracotta Orange, a vivid color that
could work as an attention-grabbing fashion item; refreshing Glacier Blue; and Chalk White, which can easily blend with any type of style.

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L3HARRIS (USA) Software Defined Radios Capabilities Proving Their Value To
Special Operations Forces Worldwide
41
Critical to any special operation is communication with every member of a team, requiring simultaneous access to voice and data
communications to enhance Command and Control (C2) and Situational Awareness (SA) across the battlefield.However, a rapidly
evolving operating environment is demanding even more of Special Operations Forces (SOF) operators who can be tasked with
conducting the full spectrum of operations, ranging from counterterrorism and counterinsurgency missions to the
support-to-resistance missions associated with great power competition.As a result, Special Operations Task Groups (SOTGs)
operating on land, in the air or at sea are demanding flexible, resilient and secure communications solutions throughout operational
theaters.Nowhere is this more prevalent than along NATO’s eastern flank in Europe, where U.S. and coalition SOTGs continue to
have communications disrupted and/or intercepted by near-peer, peer and high-capability adversaries in the form of Russian armed
forces.As defense sources associated with Ukrainian SOF and armed forces attest, Russian armed forces across the border, as well as
proxy forces in the Donbas region, continue to employ mature electronic warfare concepts of operation, and tactics, techniques and
procedures to create a C2-disrupted or -denied environment.

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L3HARRIS (USA) Technologies Launches Compact Team Radio
42
L3Harris Technologies has introduced its compact team radio during AUSA Now 2020, the Association of the United States
Army’s (AUSA) annual meeting and expedition. The small form factor, single-channel radio delivers robust voice and data
capabilities for missions at the edge of the network including Nett Warrior and Integrated Visual Augmentation System. Sharing
common accessories with the AN/PRC-163 Leader Radio and implementing a simple user interface reduce the logistics trail
while increasing warfighter agility.This versatile, low-SWaP solution is engineered to provide a simple to use communications
platform capable of operating in multi-domain challenges of dismounted, vehicular, maritime and airborne missions.L3Harris
Technologies is an agile global aerospace and defense technology innovator, delivering end-to-end solutions that meet customers’
mission-critical needs. The company provides advanced defense and commercial technologies across air, land, sea, space and
cyber domains. L3Harris has approximately $18 billion in annual revenue and 48,000 employees, with customers in more than
100 countries.

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Hikvision (China) releases new ColorVu offerings now with 4K and
varifocal options
43
Hikvision, an IoT solution provider with video as its core competency, released new ColorVu offerings for more vivid 24/7 colorful imaging, and has
first included 4K and varifocal cameras in the full-color range. In video security, color-related information is crucial to identifying details of events
especially at night. Conventional cameras with infrared lighting only provide black and white images for night monitoring. As a result, people, vehicles,
or other important objects can easily be blurry and blend into the background, which makes it difficult to distinguish critical elements. Hikvision
ColorVu technology resolves this common challenge faced by many security camera users, enabling cameras to produce colorful videos even in
extremely dim environments.The newly released ColorVu cameras offer enriched options to the market with having covered both Turbo HD (DF8T
series/DF3T series/DF0T series) and Network products. The enriched ColorVu series can satisfy a multitude of customer needs, from high performance
products to budget friendly choices and smart solutions.Hikvision has now included 4K ColorVu cameras in its product range, which brings color
imaging to ultra-high-definition levels day and night. With better image quality and richer detail, 4K ColorVu cameras can be applied across an even
wider range of scenarios including stadiums, airports, harbors, and parking lots, where clear and high-resolution images are necessary.In addition,
Hikvision has also added varifocal cameras (the DF8T-Z series) to the new ColorVu models to create 24/7 color imaging in all focal lengths. With 2.8
- 12 mm motorized lenses, ColorVu varifocal cameras will allow users to zoom in on colorful images at night.

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Reduce road accidents and minimize congestion with Hikvision’s (China)
Traffic Violation Detection solution
44
According to the World Health Organization (WHO), traffic accidents kill approximately 1.35 million people a year and injure up to 50 million
more. A large number of these accidents are preventable, caused by speeding drivers, or distracted drivers who are talking on their phones or
texting on the road. As well as causing accidents and near-misses, bad driving practices also increase traffic congestion, which is a major headache
for motorists and local authorities. Common driving behaviors that typically impact traffic flow include illegal stopping or parking, incorrect use
of priority lanes, illegal u-turns, and unnecessarily sharp braking at traffic lights and junctions. To help make roads safer, and to keep traffic
flowing, Hikvision has created a Traffic Violation Detection solution. This focuses on three key areas to ensure that motorists drive as safely as
possible, and that any infractions are recorded and notified. As an additional benefit, the Hikvision solution uses smart video to automate traffic
and incident management. This not only speeds up response times compared to manual monitoring, but it also helps to save police time and free
up forces to focus on major incidents.In addition to speeding, Hikvision checkpoint cameras use deep learning technology to detect a number of
additional traffic violations. For example, the cameras can determine if drivers are wearing their seatbelt. By recognizing license number plates,
checkpoint cameras can also support local authorities to detect stolen vehicles, and check that only the right types of vehicles travel on highways
and urban streets by recognizing vehicle attributes.

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Innolux (Taiwan) ushers in cutting-edge technology Exclusive first shot of
new generation AM-Micro LED display and LC Meta-Surface Antenna
45
Innolux made a giant leap to commercialization of innovative display technology for customer and consumer market. In the 2020 OPTO TAIWAN exposition taking place at
TaiNEX during Oct 21-23, Innolux is going to premiere the exclusive Color-Conversion-Based Retina AM-MicroLED Tiling Display and a series of miniLED advance display
technology and solutions. LC Meta-Surface Antenna will also be unveiled as the first shot in avionics satellite antenna market.Micro LED technology is believed to be the future
of display industry. Innolux already laid out a comprehensive roadmap for high-end display product. According to the estimates of LEDinside, the Micro LED market value in
2025 is expected to reach USD 2.891 billion. Innolux is one of the founding developers in AM-MicroLED display technology. The independent development of major
technologies including Color-Conversion and selective mass repair already acquired over hundred cases of patent public review and publication. Innolux premieres the
exclusive Color-Conversion-Based Retina AM-MicroLED Tiling Display featuring ultra-high contrast ratio, ultra wide viewing angle, no color cast, high color saturation,
retina-level resolution, and seamless tiling for the 8K retina public display market of high-end conference room, security control room, theatre, and museum. The refreshing
screen experience will be extended to automotive and smart TV applications.New display technologies dazzle the world. According to the estimates by TrendForce, the
penetration rate of Mini LED will reach 18% in 5 years. Based on the solid capacity in miniLED development, Innolux is showcasing Taiwan’s first 55" AM-miniLED COB
Public Display. The unique AM minLED COB (Chip on Board) joint technology features high dark ratio, high brightness, high contrast, high color saturation, high- definition
dynamic image quality and free from size-limit which fit the need of high-end conference room, central control center, and large indoor advertisement display. It could also
extend to smart home appliances like smart TV. Being one of the chief suppliers of quality large-size panels, Innolux is exhibiting ultra-large 120”miniLED display adopting
new miniLED backlight technology to achieve high color saturation and 8K resolution and provide audiences the most vivid and realistic image.

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Small Businesses to Benefit from Integrations of Insurance and 401(k)
Services on QuickBooks Platform
46
Intuit Inc. announced the availability of two new offerings — QuickBooks Insurance and separately, 401(k) powered by
Guideline1 — further expanding the capabilities of the QuickBooks Online platform to help small businesses succeed and help
their employees thrive. QuickBooks customers can now protect their businesses with comprehensive insurance coverage and
offer their employees a 401(k) benefit, traditionally offered only by large companies. Small business owners can evaluate,
purchase, manage and track their QuickBooks Insurance and 401(k) plans starting from within QuickBooks, using the
information already available on the platform. QuickBooks is working with select partners to provide these two critical
components of business operations that are often overlooked or perceived to be unattainable.The result is that many small
businesses have insufficient coverage in key areas, leaving them vulnerable when the unexpected happens. In addition, the
traditional process of obtaining business insurance is cumbersome and complex. Many agencies require small business owners to
fill out several forms to initiate a purchase process that can take several days to weeks to complete.

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IPG Photonics (USA) Launches LightWELD™, Revolutionary Handheld
Laser Welding System
47
IPG Photonics Corporation, the leader in high-power fiber lasers and amplifiers, announced the launch of LightWELD, a new handheld laser welding system.
The LightWELD product line enables fabricators to benefit from the greater flexibility, precision and ease of use enabled by laser-based solutions over
traditional welding products.Designed and built with patented and patent pending IPG fiber laser technologies, LightWELD represents a paradigm shift from
all other handheld laser welders available due to its extremely small size and weight, and unique air-cooling. This groundbreaking portability is realized from
the same continuous innovations by IPG that increased laser output powers and decreased form factors year-over-year. Compared with traditional MIG and
TIG welders, LightWELD enables dramatically faster welding, is easier to learn and operate, and provides consistent, high-quality results across a wide range
of materials and thicknesses with low heat input and aesthetic finishes with minimal or no filler wire.Simple controls, including 74 stored preset and
user-defined process parameters, allow novice welders to be trained and welding in a matter of hours, reducing labor costs while increasing quality,
consistency and productivity. Experienced users of traditional welding methods such as MIG and TIG will benefit from the more rapid and flexible
processing capabilities of LightWELD, which welds thick, thin and reflective metals with minimal distortion, deformation, undercut or burn-through.Unlike
traditional methods, welding fixtures are simpler or not needed, metals do not need to be pre-brushed or ground completely clean, and even novices can
reliably weld materials with dissimilar thicknesses and high/low electrical conductivity. In addition, the heat-affected zone is minimized, as is the need for
traditional post-processing grinding or polishing that increases productivity, reduces scrap and the cost-per-part.

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KYOCERA (Japan) Unveils Concept Car II “Moeye”
48
Kyocera Corporation has developed the Concept Car II “Moeye,” showcasing its unique technologies to optimize the
driving experience by integrating the human senses of sight, sound, touch, and smell.Anticipating continued advances in
autonomous driving and Mobility as a Service (MaaS), Kyocera focused on the importance of the car’s interior space to
develop a futuristic cockpit that offers fresh innovations in a completely original vehicle design.Through a collaboration
with Prof. Masahiko Inami from University of Tokyo’s Research Center for Advanced Science and Technology, Kyocera
applied the unique optical camouflage technology to widen the passenger’s field of vision by making part of the cockpit
functionally transparent.In addition, the Moeye concept is equipped with Kyocera’s latest technologies to enhance both
safety and comfort, two key automotive design priorities.

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New ThinkPad™ C13 Yoga Chromebook Enterprise™ Delivers Premium
Distinctive Style with Chrome OS Agility
49
Lenovo™ is delighted to announce a new addition to its ThinkPad portfolio. The ThinkPad C13 Yoga Chromebook Enterprise is a portable, efficiency boosting
laptop that delivers the reliability and durability expected from a ThinkPad with the cloud-based simplicity offered by Google Chrome Enterprise. It comes in a
distinguishing Abyss Blue design and offers diverse productivity and creativity possibilities thanks to its 360-degree Yoga hinge. Designed to offer businesses and
front-line workers features to enhance the user experience, the C13 Yoga is powered by up to AMD® Ryzen™ 7 3700C Series mobile processors optimized for
Chromebook, and can be configured with a 13.3-inch narrow bezel touch display. An optional garaged pen is also available for an alternative input method for
quick sketching or easy notetaking. Chrome Enterprise further adds to the flexibility by providing end users with access to cloud-based applications and by
facilitating speedy deployment for ITDMs.Progressive IT decision makers can anticipate modernizing and expanding their technology infrastructure by leveraging
the manageability, security and scalability that Chrome OS offers. ThinkPad C13 Yoga Chromebook Enterprise provides mission critical productivity that can be
rapidly deployed to remote users simply and securely, delivering enhanced business resiliency. Chrome OS has access to a broad set of applications that meet the
needs of virtually all users, whether remote or office-based, offering Google Workspace (formerly G Suite) plans for productivity1, including Google Meet for
effective video collaboration. Users are assigned an individual, encrypted cloud profile which they can “carry” with them, allowing for maximum flexibility. For
example, users could access their emails on their Motorola® Android™ smartphone before logging into a C13 Yoga Chromebook Enterprise and continue where
they left off.

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