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Liberty Broadband Corporation to Conduct Quarterly Q&A Conference Call

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Liberty Broadband Corporation (Nasdaq: LBRDA, LBRDK) announced that interested shareholders and analysts are invited to participate in a brief quarterly Q&A session following the completion of the prepared remarks on GCI Liberty, Inc.s first quarter earnings conference call. During this Q&A session, management will be accepting questions regarding both GCI Liberty, Inc. and Liberty Broadband Corporation. President and Chief Executive Officer, Greg Maffei, will host the conference call on Thursday, May 9th, at 5:00 p.m. (E.D.T.). During the call, Mr. Maffei may discuss the financial performance and outlook of both companies, as well as other forward-looking matters.

Please call ReadyTalk at (800) 458-4121 or (323) 794-2093, passcode 6435458, at least 10 minutes prior to the call. Callers will need to be on a touch-tone telephone to ask questions. The conference administrator will provide instructions on how to use the polling feature.

In addition, the conference call will be broadcast live via the Internet. All interested participants should visit the Liberty Broadband Corporation website at www.libertybroadband.com/events to register for the web cast. Replays of the call will also be available on the Liberty Broadband Corporation website. The conference call will be archived on the website for one year after appropriate filings have been made with the SEC.

About Liberty Broadband Corporation

Liberty Broadband Corporations (Nasdaq: LBRDA, LBRDK) businesses consist of its interest in Charter Communications and its subsidiary Skyhook.

Liberty Broadband Corporation
Courtnee Chun, 720-875-5420

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Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 2020/21

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HONG KONG SAR – Media OutReach – 14 January 2021 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the three months and the nine months ended 31 December 2020.

 

The Board of Directors (the “Board”) of the Company considers the publication of quarterly sales performance updates to be consistent with international corporate disclosure best practice. The objective of this news release is to provide transparency and to ensure that investors and potential investors receive equal access to the same information at the same time.

 

The Group’s sales for the quarter ended 31 December 2020 were US$912 million compared to US$773 million for the same quarter in 2019, an increase of 18%. Excluding currency movements, sales increased by 15% to US$887 million. Foreign exchange rate movements had a positive effect of US$25 million on the Group’s sales for the quarter ended 31 December 2020. This was mainly due to the impact of the stronger average exchange rates for the Euro and Chinese Renminbi against the US Dollar, compared to the same quarter in 2019.

 

The recovery in sales experienced in the second quarter gathered momentum in the third quarter, partially mitigating the deep pandemic-driven decline experienced in the first quarter of the financial year. Overall, the Group recorded sales of US$2,242 million for the nine months ended 31 December 2020, compared to US$2,338 million for the same period in 2019, a decrease of 4%. Excluding currency movements, sales for the nine months ended 31 December 2020 decreased by 5%.

 

Sales of Automotive Products Group (“APG”)

APG’s sales for the quarter ended 31 December 2020 increased by US$107 million or 17% compared to the same quarter in 2019.  Excluding currency effects, APG’s sales increased by US$84 million or 13% in the quarter.

 

APG’s sales outperformed compared to automotive industry production volumes, in all regions, in both the nine months and the quarter ended 31 December 2020. Although the COVID-19 pandemic sharply reduced APG’s sales in April and May 2020, particularly in Europe and the Americas, the Group subsequently experienced a significant recovery in demand. The sales changes by region, excluding currency effects, were as follows:

 

 

Quarter ended
31 December 2020

Nine months ended
31 December 2020

Asia

increased 16%

increased 6%

Europe

increased 7%

decreased 20%

Americas

increased 17%

decreased 13%

Total

increased 13%

decreased 8%

 

Johnson Electric’s innovative technology and product portfolio remains well positioned to meet growing demand for the electrification of critical automotive functions to increase powertrain efficiency, reduce vehicle weight, improve safety, reliability and enhance comfort.

 

Sales of Industry Products Group (“IPG”)

IPG’s sales for the quarter ended 31 December 2020 increased by US$32 million or 21% compared to the same quarter in 2019. Excluding currency effects, IPG’s sales increased by US$29 million or 20% for the quarter.

 

IPG’s business and financial performance benefited significantly from changes in consumer behaviour and expenditure in response to the COVID-19 pandemic. As consumers in many countries were required to spend more time at home, the division experienced strong demand for products for food and beverage, floor care, home office printer, lawn and garden, window automation, power tool, sanitation and ventilation applications. The medical segment also experienced strong growth, driven by the long-term imperative to reduce the labour intensity of hospital procedures.

 

These positive demand dynamics were partly offset by the COVID-19 pandemic’s adverse impact on some specific customers and market segments. In Europe and the Americas, sales to many small and medium enterprises decreased as consumers switched to purchasing through the online sales channels of larger competitors. Commercial printers, metering, flexible printed products and switches segments were also slower than usual.

 

On a regional basis, IPG experienced the highest sales growth in Asia due in large part to the rapid recovery of China’s industrial sector and strong global demand for the country’s manufactured goods. In Europe and the Americas, the path to recovery in some segments has taken somewhat longer and in the US, in particular, IPG’s sales have been hampered by delays from port congestion as well as land and rail logistical bottlenecks. The sales changes by region, excluding currency effects, were as follows:

 

 

Quarter ended
31 December 2020

Nine months ended
31 December 2020

Asia

increased 35%

increased 18%

Europe

increased 22%

increased 6%

Americas

flat

decreased 3%

Total

increased 20%

increased 8%

 

Chairman’s Comments on Sales Performance and Outlook

Concerning the quarter ended 31 December 2020 sales performance, the Chairman and Chief Executive, Dr. Patrick Shui-Chung Wang, said, “The strong recovery in demand that we experienced during the second quarter continued in the third quarter — with sales levels in both APG and IPG running well ahead of the third quarter in the prior year.  Although there remains some uncertainty as to how the upsurge in COVID-19 in many Western countries could impact business activity and consumer confidence, the Group is presently on track to deliver full-year total sales close to the level achieved in the prior financial year.  This would represent a very satisfactory achievement given the fact that such a large portion of Johnson Electric’s operations was either shutdown or significantly constrained during the first two months of the current financial year.”

 

Cautionary Statement

Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.

 

Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company.

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 35,000 individuals in 23 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: www.johnsonelectric.com.

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Rhotex Inc Launches Environmentally-Sound Options to Crypto Mining

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TORONTO, ON – EQS Newswire – 14 January 2021Rhotex has officially launched 3 miner cases configured with an in-built factory cooling system to ensure 100% efficiency as the chips generate heat. From Rhotex, this first of its kind innovation designed by seasoned crypto industry experts provides an environmentally responsible solution to today’s challenges with the traditional miners by consuming lesser power supply compared to the output performance.

[View Image]

 

Rhotex currently offers a range of products in their new offer: RHO Lite, RHO Pro, and RHO Rack which comes with incredible features such as low power consumption, high-performance output, Wi-Fi/ Ethernet connection, easy setup and productive compatibility with various blockchain options. These combined with its inbuilt cooling system increases expected hash rate conversion hence giving it an edge in the industry. All products in the RHO series were painstakingly analyzed and tried under intense conditions.

 

Rhotex Inc.’s algorithm solutions integrate world-class hardware and software technologies for edge and cloud-to-edge enterprise solutions and mines Bitcoin, Bitcoin Cash, Ethereum, Litecoin and Dash at high levels in remarkable time. Hash rate powers in the series include:

RHO Lite: 1000 TH/s – Bitcoin, 5 GH/s – Ethereum

RHO Pro: 1800 TH/s – Bitcoin, 10 GH/s – Ethereum and

RHO Rack: 4100 TH/s – Bitcoin, 20 GH/s – Ethereum.

 

Roberts Evans, CEO for Rhotex Inc. in a statement says the RHO series is an easy to use miner that optimizes energy efficiency while providing maximum output. “It’s our way of contributing our quota to a green environment by creating an eco-friendly design with an in-built cooling system that has very low carbon emission. This is the first of its kind. We are very delighted by the opportunities this innovation offers,” he further added.

 

To access the wide range of products on offer and learn more about Rhotex visit www.rhotex.com

About Rhotex:

Rhotex Inc. is the company behind the RHO Miner series which are eco-friendly high-quality cryptocurrency miners with an in-built cooling system that delivers extremely high hash power with low energy consumption. Their partners include Equinix, Avenga, Etiya, Altiostar, and many more. Headquartered in Toronto Canada, the company currently has facilities in Australia.

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Huntkey Presents at the All-Digital CES 2021

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SHENZHEN, CHINA – Media OutReach – 14 January 2021 – Huntkey, a leading provider of power solutions, announces that today it presents at the All-digital CES 2021, the most influential tech event in the world.

 

Due to the covid-19 pandemic, the world’s largest electronics sourcing fair CES 2021 will be held all digitally from Jan. 11-14, 2021. During this period, all the exhibitors can access to the digital platform developed by CES to showcase their new products and technologies as well as schedule meetings with the attendees.

 

Huntkey is a frequenter of CES. To take this once-a-year opportunity, Huntkey will introduce its PD Chargers, Surge Protectors, Power Strips, LED Desk Lamps as well as other product categories to the attendees.

 

PD Chargers

 

PD charger is a main product category of Huntkey, and many mainstream cell phone brands are using Huntkey chargers. Huntkey has developed a wide variety of cell phone chargers output power of which is designed from 20 to 90W. To meet different charging needs, several models are equipped with USB-A and USB-C charging ports, for example, the 65W USB-C charger comes with one USB-C port to deliver a fast charging speed, and two USB-A ports for the charging for traditional phones.

 

Huntkey has also released 65W GaN charger to the markets. The charger features two charging ports – one USB-C port and one USB-A port. The USB-C port is designed for fast charging speed, independently, it can output 5V3A, 9V3A, 12V3A, 15V3A or 20V3.25A, 65W at the maximum. The USB-A port can output 5V3A or 9V3A, 27W at the maximum.

 

Surge Protectors & Power Strips

 

Huntkey is a key player in surge protector and power strip market, it provides multiple types of sockets and plugs, including US, EU, AU, SA and Universal types, as well as different cable length to meet its worldwide customers’ needs.

 

Huntkey’s surge protectors and power strips are made of flame-retardant material, and are warranted with multiple protections to ensure safety, like over-load protection, over-heat protection and over-voltage protection. They are all flame-retardant and equipped with an inside integral copper bar that can be able to withstand high temperatures and save energy. The less energy is consumed, the lower electricity bills will be. All of them come with a 3- year warranty.


LED Desk Lamps

 

Tow models of Huntkey LED desk lamps are available to the markets. Huntkey desk lamps are energy-efficient and eye-protective for home and office use. These desk lamps are integrated with multiple touch-controllable sensors, like step-less dimming bars, wireless chargers, USB charging ports, and alarm clocks. They are well-suited for reading, working or studying.

 

To learn more about Huntkey, please visit: https://en.huntkey.com/

About CES

CES(Consumer Electronics Show) is a world renowned trade show annually held in January at the Las Vegas Convention Center (LVCC) in Las Vegas, Nevada, United States. It is organized by the Consumer Technology Association (CTA) to host presentations of new products and technologies in the consumer electronics industry.

About Huntkey

Founded in 1995, Huntkey is a leading global provider of PC power supplies, power strips, surge protectors, laptop adapters, phone chargers, monitors and air purifiers. Huntkey is an Asia renowned brand, a member of The International Power Supply Manufacturer’s Association (PSMA) and China Power Supply Society (CPSS). Including three total nearly 1,000,000 square meters industrial parks, Huntkey is one of the most famous brands and largest companies in mainland China. It is headquartered in Shenzhen, with branch companies in the US, Japan and Hong Kong, and with cooperating factories in Vietnam, Brazil, Argentina and India.

In 2020, Huntkey introduces its latest photocatalyst air purifier – the desktop air purifier globally. The desktop air purifier is designed portable and it can efficiently remove chemical vapors, odors, haze particles, and many more air pollutants.

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