COVID-19 impact on the Relaunch wireless charger market and new technology

The wireless charger market is expected to grow through $4. 79 billion between 2020 and 2024, with an annual composite rate of more than 13%. The report also provides an effect on the market site and new opportunities created as a result of the COVID-19 pandemic. We expect the effect to be significant in the first quarter, but it will gradually decrease in the coming quarters “with a limited effect on year-round economic growth. “

Wireless Charger Market: Growing Adoption of Qi Standard to Bring Growth To Life

Qi-compatible wireless charging generation makes electronic devices and rates compatible with each other, regardless of manufacturer. Major electronic device brands such as Apple, HTC, LG Electronics and SAMSUNG have introduced several Qi-compatible products. For example, the newest Apple smartphone models like the iPhone X and iPhone 8 the popular Qi With the expanding festival on the market, many e-device brand corporations are focusing on introducing new and cutting-edge features like the popular Qi to be at the same point as their competitors as a result , the growing adoption of the popular Qi is expected to drive the expansion of the global wireless charger market during the forecast period.

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According to Technavio, the accumulation of global smartphone shipments will have a positive effect on the market site and will contribute particularly to their expansion during the forecast period. This study report also analyses other vital trends and market site drivers that will influence the market. marketplaceplaceplace expansion in 2020-2024.

Wireless charger market: higher smartphone shipments

Smartphone adoption has increased significantly over the years, which is evident in upcoming regions due to the availability of fairly inexpensive smartphones with various features. Categories like Galaxy Notes. For example, the Samsung Galaxy S7 Edge ships with the Qi dual mode alliance and Power Matters. Sales of the Samsung Galaxy S7 Edge remained dominant compared to cell phone shipments in the first part of 2018. Sending these smartphones is expected to have a positive influence on the expansion of the global wireless charger market during the forecast period.

The expansion of built-in wireless chargers and growing awareness of wireless power generation among consumers will drive market expansion during the forecast period, said a senior Technavio analyst.

Wireless charger market: segmentation analysis

This market place report segments the market spot for wireless chargers through generation (inductive, MRI, and others), geography (North America, APAC, Europe, South America, and MEA) and application (consumer electronics, others).

The North American region dominated the wireless charger market in 2019, followed by APAC, Europe, South America and MEA, respectively. During the forecast period, APAC is expected to revel in incremental expansion due to the development of strategic alliances between cellular device brands in the region.

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Some of the key topics in the report include:

Market factors

Market challenges

Market trends

Seller’s landscape

About Technavio

Technavio is a world-leading consulting and generation research firm. His studies and studies focus on emerging market placement trends and provide actionable data for corporations to identify market placement opportunities and expand effective methods to optimize their market positions.

With more than 500 specialized analysts, Technavios’ report library includes more than 17,000 reports and counts, covering 800 technologies covering 50 countries. Its clientele is made up of corporations of all sizes, adding more than one hundred Fortune 500 corporations. This developing visitor base is based on extensive Technavios coverage, in-depth studies and market-based data to identify opportunities in existing and potential markets and assess their competitive positions in converting market scenarios.

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NEW YORK, 25 September 2020 / PRNewswire / – Color Star Technology Co. , Ltd. (Nasdaq CM: HHT) (the “Company” or “Color Star”), a company dedicated to wisdom activities paid online and offline for the world media, entertainment and culture industries, today announced the update of its Color World app with an interactive live video streaming feature on October 15, 2020.

“We are very pleased with the upcoming update that adds an interactive live streaming feature (the ‘new feature’) to our very popular Color World app that gained tens and thousands of users after the official release of its Chinese edition on September 10, 2020. With the new feature, we plan to sponsor more live interactive events, such as virtual celebrity gatherings with fans, interactive educational courses, live concerts, and more. As we are committed to providing users with reports for our live events, we are also accelerating the progression of augmented truth (“AR”) features for the Color World app,” said Luke Lu, President and CEO of Color Star.

“While we are bringing more musicians, actors and artists to our platform, which in turn attracts more fans, subscribers and paid users to our platform, the new feature is about to take our users’ participation to the next level,” Mr. Read.

About Color Star Technology

Color Star Technology Co, Ltd. (Nasdaq CM: HHT) provides paid online and offline wisdom for the media, entertainment and culture industries around the world. Its advertising activities are carried out through its wholly owned subsidiaries Color China Entertainment Ltd. and CACM Group NY, Inc. La the company’s online education is offered through its Color World Entertainment and Music Education Platform. The company also offers after-school entertainment courses in New York through its joint venture Baytao LLC. For more information about the company, visit www. colorstarinternational . com

Forward-looking statement

This press release comprises forward-looking statements as explained through the Private Securities Litigation Reform Act of 1995. Forward-looking statements come with statements regarding long-term plans, objectives, goals, methods, occasions or functionality, as well as the underlying assumptions and other statements other than the old factual statements. When the company uses words such as “may”, “will”, “pretend”, “should”, “believe”, “expect”, “anticipate”, “plan”, “estimate” or similar words that are not related only to old business, makes forward-looking statements. Specifically, the Company’s statements relating to the proposed acquisition of FENT are forward-looking statements. Forward-looking statements are not promises of long-term functionality and involve dangers and uncertainties that may cause actual effects to differ materially from the corporate expectations described in the forward-looking statements. These statements are subject to uncertainties and dangers, including, but not limited to, the following: the objectives and methods of the company; the long-term progression of the company’s business; request and acceptance of products and facilities; technological changes; economic situations; expanding the market position of school and school facilities in China and other countries where HHT operates; reputation and brand; they have an effect on the festival and prices; government regulations; fluctuations in general economic and commercial situations and assumptions underlying or similar to any of the foregoing and other dangers contained in the reports filed through the Company with the Securities and Exchange Commission. For these and other reasons, investors are cautioned not to place undue reliance on the forward-looking statements contained in this press release. Other points are analyzed in documents filed through the Company with the United States Securities and Exchange Commission, which can be consulted at www. sec. gov. The Company assumes no legal responsibility to publicly review such forward-looking statements to reflect occasions or events that occur after the date hereof.

For more information, contact:

Tony Tian, CFA Email: [email protected] Phone: 1-732-910-9692

Related links:

https://www. colorstarinternational. com/

LISHUI, China, 25 September 2020 / PRNewswire / – Farmmi, Inc. (“Farmmi” or “Company”) (NASDAQ: FAMI), a supplier of agricultural products in China, announced that it will provide corporate services and subsequent agricultural products at SIAL China (www. sialchina. com) from September 28 to 30, 2020. SIAL China is Asia’s largest food innovation fair and will be held at the Shanghai National Exhibition and Convention Center.

Recognized as China’s ultimate vital occasion for the agri-food industry, SIAL China promotes direct industrial relations with other import/distribution segments in China and Asia, adding supermarkets/hypermarkets, wholesalers, catering (hotel/restaurant) and importers/commercial agents. China is an integral component of the SIAL network, the world’s largest food and beverage fair network. The screen sets the benchmark for corporations built in Asia and China, and provides valuable data on the market, trends and inventions of the regional food industry. . SIAL China was originally scheduled for May 2020, but was postponed due to considerations on COVID-19 and its effect on participants.

Ms. Yefang Zhang, President and CEO of Farmmi, said: “We are very excited and willing to collaborate with strategic partners and consumers face-to-face in this vital exhibition, now in its twentieth year. Nothing can update our -Healthy and friendly brands of dried mushrooms, black mushrooms and other edible mushroom products and skills, along with more than 2,200 exhibitors expected to stop at the expected 60,000 business points of China and major foreign markets. “

Ms. Zhang continued: “While others aspire to a higher quality of life and seek a superior quality of life, Farmmi meets the demands of the customer market and actively creates a new way to track the quality and protection of its entire business chain. At the same time, Farmmi is the source of capacity for green, organic and high quality agricultural products, while strengthening the competitiveness of agricultural products in the market. “

About Farmmi, Inc.

Farmmi, Inc. (NASDAQ: FAMI), headquartered in Lishui, Zhejiang, is a leading supplier, processor and warehouse of shiitake mushrooms, Mu Er mushrooms, other edible fungi and many other coveted agricultural products. as an advertising platform for geographically indicated Chinese agricultural products and provides a giant platform for consumers to access home agricultural products. For more information about the company, visit: http://ir. farmmi. com. cn/.

Forward-looking statements

This announcement comprises forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of prior fact in this announcement are forward-looking statements, adding that forward-looking COVID -19 has an effect on our activities in China and abroad. These forward-looking statements involve known and unknown dangers and uncertainties and are based on existing expectations and projections related to long-term occasions and monetary trends that the Company believes may also only be its monetary condition, effects of operations, business strategy. and your monetary needs. Investors would possibly identify such forward-looking statements through words or words such as “possibly”, “will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “prospective”, “continues”, “is / is more likely than” or other similar expressions. The Company assumes no legal responsibility to update forward-looking statements to reflect upcoming occasions or circumstances, or adjustments to your expectations, unless as required by law. While the company believes that the expectations expressed in those forward-looking statements are reasonable, it cannot guarantee that those expectations will turn out to be correct, and the company cautions investors that actual effects may differ materially from expected effects.

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