Future Electronics, a leading global distributor of electronic components, hosted their well-known training program, Advanced Engineering University in Singapore.
From June 12 to 16, 2023, Future Electronics employees, customers and suppliers from around Asia gathered in Singapore for five days of learning, networking, and team-building at Future Electronics’ Advanced Engineering University (AEU).
Future Electronics has hosted numerous editions of AEU, but this is the first time the event has been hosted in Singapore. Participants enjoyed ample opportunities for face-to-face discussions with suppliers and customers, and the ability to discuss project and technology needs and trends. Being that most participants were local, discussions could be region-specific which facilitated relationship building and knowledge sharing. AEU is also a wonderful opportunity for new team members to dive into the industry and network with key players.
Throughout the week of AEU, the suppliers in attendance shared their focus on new products and technologies, allowing Future Electronics’ engineers the opportunity to connect customers with new trends to fit their needs.
AEU helps equip engineers with the knowledge to identify opportunities and best support their customers. The intimate week also facilitates a connection between peers, leading to greater trust and performance on the job.
About Future Electronics
Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a comprehensive suite of passives and semiconductor products. Founded in 1968, Future Electronics has over 5,500 employees and operates in 170 offices in 44 countries around the world. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future’s mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.
LG Electronics (LG) announced that it will unveil its vision for the future of mobility at IAA Mobility 2023 in Munich, Germany.
On September 4, the day before IAA Mobility (September 5-10) opens its doors, the company will hold a press conference on the Main Stage (Hall A1) at the Messe Mnchen exhibition center during IAA Media Day, which will give the opportunity to learn how LG is Taking Lifes Good on the Road in person.
Presenting at IAA Mobility for the first time, LG will provide its vision of the in-vehicle experiences of the future and illustrate the highly advanced mobility ecosystem the company proposes to its partners and customers.
This press conference holds great significance as the Vehicle component Solutions Companys business has emerged as LGs primary business and driving growth engine. LG has already been recognized for its unique competitiveness across various industries. The company leverages the customer insights and customer experience know-how it has accumulated through its home appliances and IT products to expand into the mobility sector.
During a press conference held in South Korea in July, the company declared its transition to a Smart Life Solution Company and emphasized its commitment to actively responding to ever-evolving automobile trends. With its customer-oriented DNA embodied from the B2C business, LG aims to boost sales and solidify its position as a top-tier global company in the mobility industry.
The IAA Mobility 2023 press conference will be livestreamed on the companys website and LG Global YouTube channel.
COVENT GARDEN, U.K. – June 7, 2023 – PRLog — As an economist specialising in the consumer services industry, I have watched with great interest as this dynamic sector has adapted and evolved in response to various economic and societal trends.
I offer a more statistically detailed prediction of where this industry may find itself in the next 5 to 10 years.
A Snapshot of the Hairdressing Industry
As of December 2022, there were roughly 40,000 hairdressing businesses operating in the UK. The workforce serving these businesses included full-time, part-time, and self-employed hairdressers and barbers, accounting for approximately 270,000 workers.
Anticipated Growth in the Sector
Let’s start by addressing industry growth. Over the past decade, we’ve seen an average annual growth rate of around 2%. If we apply this growth rate for the next 5-10 years, the number of hairdressing businesses could potentially increase to approximately 44,000 by 2026 and nearly 49,000 by 2031.
Similarly, if we assume the workforce will also grow by the same 2% annually, we could expect the number of hairdressers and barbers to rise to about 295,000 by 2026, and over 324,000 by 2031.
Here’s why:
Increased Demand for Professional Services: As knowledge about hair care and styling grows, consumers are showing a preference for professional services over DIY solutions. This trend towards professionalisation is expected to continue, driving growth in the industry.
Technological Advancements: The adoption of technology in the hairdressing industry has the potential to increase efficiency and customer satisfaction. This, in turn, can lead to growth in the number of businesses as they can reach and serve more customers effectively.
Urbanisation and Changing Lifestyles: Urbanization and changing lifestyles can contribute to industry growth as well. In densely populated urban areas and among busy working professionals, convenience is key. The demand for quick and accessible hairdressing services is expected to rise, leading to an increase in businesses to meet this demand.
Workforce Expansion: The growth in the number of hairdressing businesses naturally leads to an expansion of the workforce. Additionally, hairdressing and barbering continue to be popular career choices due to the creative fulfilment, flexible working conditions, and the ongoing demand for these skills.
Technological Impact on Revenue
The impact of technology on business revenue is substantial. Consider that salons that have already adopted online booking systems, virtual consultations, and data analytics reported an increase in customer satisfaction and repeat business by an average of 20%.
If these technology trends continue to expand across the industry, the average annual revenue per salon, currently around £85,000, could see an increase of up to £102,000 by 2026, and up to £122,400 by 2031, representing a 20% increase every five years.
Sustainability and Consumer Spending
A Nielsen report in 2018 found that 81% of global respondents felt strongly that companies should help improve the environment. This consumer sentiment is expected to increase and influence spending habits.
Assuming that salons switching to eco-friendly products and practices attract more customers, they could experience an increase in business of up to 15%. Therefore, a salon currently making £85,000 a year could potentially increase its revenue to nearly £98,000 by 2026 and over £112,000 by 2031 just by prioritising sustainability.
Specialised Services and Market Demand
With increasing professionalisation and specialisation in the industry, specialised services are expected to constitute a larger percentage of revenue. In 2021, services like hair colouring, extensions, and treatments for specific conditions accounted for approximately 40% of a salon’s revenue.
If the demand for these services increases by an estimated 3% per year, specialised services could contribute up to 55% of a salon’s revenue by 2026 and approximately 65% by 2031.
Bullish Times Ahead
The combination of industry resilience, consumer demands for sustainability, the ability to offer specialised services, and the embrace of technology make the hairdressing industry an exciting field. As we move towards the future, the sector seems poised for innovation and growth, offering a promising outlook for both businesses and professionals within the industry.
Oana Suteu Khintirians NFB-produced feature doc Beyond Paper will open on June 9at the Hot Docs Ted Rogers Cinema in Toronto.
In this visually arresting film, the director journeys around the globe to better understand how she can preserve her own heritage, as well as our collective memory. Beyond Paper grapples with essential questions at a critical moment in the history of the written word, as humanitys archives migrate to the cloud.
Director Oana Suteu Khintirian will be in Toronto for a Q&A on June 13.
The film had its world premiere on March 15 at the International Festival of Films on Art in Montreal and recently received the Cercle dor Award for Best Documentary at the Festival cinma du monde de Sherbrooke.
Screening schedule at the Hot Docs Ted Rogers Cinema
June 9 | 4:30 p.m.
June 12 | 4:00 p.m.
June 13 | 6:30 p.m. (Q&A with filmmaker)
June 17 | 4:30 p.m.
About the film
Beyond Paper (Au-del du papier) by Oana Suteu Khintirian (130min)
Producer: Nathalie Cloutier for the NFBs Quebec, Canadian Francophonie & Acadian Documentary Studio
Press kit: mediaspace.nfb.ca/epk/beyond-paper
In the age of the virtual revolution, how can we grasp the impact of the ongoing abandonment of books on thought and learning? Whats the future of our individual and collective memories? In this personal quest with universal resonance, the filmmaker embarks on a journey to understand how to preserve her cultural history, both Armenian and Romanian, and share it with her son.
From the fragile grain of centuries-old manuscripts to blinking servers in digital libraries, the film takes us around the world and introduces us to guides such as Maria Sebregondi, president of the Moleskine Foundation, who speculates on the possibilities of augmented paper; Brewster Kahle, founder of the Internet Archive, who describes the massive web library as fabulous and terrible; Maria Kodama, widow of Jorge Luis Borges and president of the Borges Foundation, who brings to life the words of the Argentinian writer, breathing contemporary meaning into them.
Filmed in locations including a city of libraries in the midst of the Mauritanian desert and El Ateneo Grand Splendid in Buenos Aires (one of the most beautiful bookshops in the world), as well as in Bucharest, Montreal, San Francisco, Milan and Copenhagen, Beyond Paper blends reflection and emotion, reminding us that human knowledge is above all an affair of the soul and the spirit.
The films poster was created by renowned Montreal animation filmmaker Theodore Ushev.
About the filmmaker
Oana Suteu Khintirian is a director and media artist of Romanian-Armenian origin who has lived in Montreal since 1995. She studied filmmaking, and over the last 20 years her dance films and documentaries, including Point de fuite, Passare and Flow, have won awards at numerous international festivals. In addition to her work as a director, Oana has created installations and immersive environments shown at museums and galleries around the world, and edited many documentaries and animated films. Beyond Paper is the first feature-length documentary shes directed.
French version here | Version en franais ici.
About the NFB
The NFB is Canadas public producer and distributor of award-winning documentaries, auteur animation, interactive stories and participatory experiences, working with talented creators across the country. The NFB is taking action to combat systemic racism and become a more open and diverse organization, while working to strengthen Indigenous-led production and gender equity in film and digital media. NFB productions have won more than 7,000 awards, including 12 Oscars. To access this unique content, visit NFB.ca.
Future Electronics, a leading global distributor of electronic components, is pleased to feature the Murata Type 1SE Cellular module in its newest digital campaign.
The Murata Type 1SE cellular is a highly integrated, certified end device with antenna connection for simple integration with various applications. The embedded technology is LTE Cat.M1/NB-IoT Release 13.
LTE-M technology enables Internet of Things (IoT) devices to connect directly to a 4G network without a gateway, typically on batteries. Critical features of LTE-M include geolocation, extended battery lifetime, low cost, security, mobility, and compact size.
NB-IoT stands for NarrowBand-Internet of Things is a standards-based low power wide area (LPWA) technology developed to enable a wide range of new IoT devices and services. Key features of NB-IoT include standardization, additional coverage, and lower transmission cost.
To learn more about the Murata Type 1SE and its applications, please visit www.FutureElectronics.com/resources/featured-products/murata-type-1se-cellular-module. To see Future Electronics’ entire suite of products, please visit https://www.futureelectronics.com.
About Future Electronics
Future Electronics is a global leader in electronics distribution, recognized for providing customers with global supply chain solutions, custom-tailored engineering services and a comprehensive suite of passives and semiconductor products. Founded in 1968, Future Electronics has over 5,500 employees and operates in 170 offices in 44 countries around the world. Future Electronics is globally integrated, with a unified IT infrastructure that delivers real-time inventory availability and access to customers. With the highest level of service, the most advanced engineering capabilities, and the largest available-to-sell inventory in the world, Future’s mission is always to Delight the Customer®. For more information, visit www.FutureElectronics.com.
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