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Samsung breaks the rules with S22 series at Galaxy Unpacked 2022

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Samsung Electronics held an online event, titled “Samsung Galaxy Unpacked 2022: The Epic Standard of Smartphone Experiences,” where it introduced the Galaxy S series’ most powerful devices yet. A total of three Galaxy S22 series smartphones and three premium Galaxy Tab S8 series tablets were unveiled at the event.

The Galaxy S22 series offers the Galaxy lineup’s highest ever performance, is equipped with an image sensor that is larger than its predecessor, and includes innovative camera features like Nightography that are based on unrivaled AI technology. The smartphones also feature the Galaxy’s first 4nm processor, while the Galaxy Tab S8 series redefines the limits of what a tablet can do.

The Galaxy S22 and S22+ empower users to enjoy new levels of creativity and self-expression, while the S22 Ultra combines the DNA of the Note and S series’ features, setting a new standard for premium smartphones. The Galaxy Tab S8, S8+ and S8 Ultra, meanwhile, combine sophisticated hardware with powerful performance, offering users the freedom and flexibility to work and play like never before

“Our smartphone cameras have transformed the way we create, share and communicate. Through photos and videos, we express ourselves and connect with the people we care about,” said TM Roh, President and Head of Samsung Electronics’ MX (Mobile eXperience) Business. “That’s why we focused on designing our latest S series devices with groundbreaking camera capabilities that work day and night, powered by our best mobile performance yet.”

Samsung Electronics unveiled Galaxy S22 and S22+, two flagship devices that power creativity and self-expression. Galaxy S22 and S22+ introduce dynamic cameras with advanced intelligent image processing to make every moment epic. Built with a bold, sustainably conscious design, Galaxy S22 and S22+ are designed to be both beautiful and environmentally conscious.

Galaxy S22 and S22+ are designed to deliver next-level camera experiences, so people can connect and share wherever they are. With the Galaxy S22 series’ revolutionary new Nightography features — like the 23% larger sensor than S21 and S21+ and Adaptive Pixel technology — your camera is designed to let in more light, draw out details, and capture colors that make your content pop, even in the dark.1 Both Galaxy S22 and S22+ are built with a powerful 50MP main camera, 10MP tele-lens, and 12MP ultra-wide lens, so you always get the high-quality shots. When you’re capturing videos with friends, the new Auto Framing2 feature detects and tracks up to 10 people and automatically adjusts the camera’s focus, so your camera captures everyone clearly. Both devices are powered by advanced VDIS technology which minimizes vibrations, so you get smooth, sharp footage even when you’re on the move.

The Galaxy S22 series is secured by Samsung’s powerful Knox Vault security platform, which includes a secure processor and memory that completely isolates sensitive data like your passwords, biometrics, or Blockchain keys from the phone’s main operating system. One UI’s privacy dashboard and Indicator make it easy to see which apps are accessing your data and camera, so you can decide whether to grant or deny permission to each app. The Galaxy S22 series also introduces several new security features, including ARM micro architecture, which helps prevent cyberattacks that target your operating system and memory.

Plus, the Galaxy S22 series brings you Samsung Wallet — a seamless, convenient and secure experience to make everyday life easier. Samsung Wallet combines digital payment, ID, keys and asset management into one tool to simplify your routines, from showing your student ID to compiling travel documents before a flight.



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Seylan Bank takes the lead to promote LANKA QR beyond Western Province

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Seylan Bank, the Bank with a Heart, organized the ‘Seylan Pay QR Carnival’ in Kurunegala to promote the LANKAQR programme introduced by the Central Bank of Sri Lanka (CBSL) to strengthen digital transactions in Sri Lanka. The special programme, focusing on encouraging local merchants and SMEs to join the national QR transaction system, took place at the Vehera Sports Ground in Kurunegala recently. Officials from the Central bank of Sri Lanka, the Lanka QR Committee and partner banks were present at the event.

Organised as the 14th leg of the LankaQR national rollout campaign, the Seylan Pay QR Carnival set a firm footprint with the highest number of merchants at the event. Seylan Bank alone on boarded over 100 merchants for the SeylanPay payment solutions from the Kurunegala area. Over a thousand customers walked in during the event which benefitted many merchants accepting LankaQR, to process transactions on the day and generate great traction in the district since then.

As the key feature of the event, Seylan Bank educated their customers on the use of the Bank’s QR payment system, the SeylanPay Mobile App, and assisted customers in making payments to merchants. Over 50 stalls selling clothes and accessories, gift items, food, sweets, electronics and electrical equipment, plants, beauty care, cosmetic items and automobile parts were set up for the benefit of consumers, with attractive added discounts for customers using QR payment systems to purchase items, thereby encouraging and familiarizing the use of it among them. This marked a record high number of merchants participating among many LankaQR nationwide rollout campaigns that were organised to date. A Seylan Bank Mobile ATM was deployed at the premises, ensuring that customers had easy access to carry out cash withdrawals if required and check their account balances at any given time. In addition, a special fun zone was set up for children at the event premises, whilst a musical evening entertained the adults present at the Seylan Pay QR Carnival.

“Seylan Bank’s commitment to develop the banking and finance network together with the industry led to us hosting the 14th leg of the Lanka QR national rollout campaign. We also realize the potential this system brings to the SME sector in the country, in terms of transaction efficiency and savings. As a bank that has continued to support SMEs in the country in a wide spectrum, the alliance with Lanka QR helps in developing the entire transaction ecosystem of the country,” commented Chaminda Senewiratne, Head of Digital Banking Channels, Seylan Bank.

The Central Bank of Sri Lanka introduced the LANKAQR service in October 2020 with the aim of moving towards a cash-less society while increasing financial inclusion in Sri Lanka, and was supported in this endeavour by Banks, licensed financial institutions and Lanka Clear (Pvt.) Ltd. It has already stood out as an attractive option with notable benefits for small and medium enterprises.

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Stylish Garments unveils its latest export-oriented BOI factory in Ambalangoda 

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With the Board of Investment (BOI) widening its projects, Stylish Garments (Pvt) Ltd, unveiled its sixth BOI approved factory in Ambalangoda which manufactures children’s wear, jerseys including school uniforms exclusively targeting the international market. The Stylish Garments is a renowned a garment manufacturer and exporter of jersey knit and lighter woven apparel products.

The latest project, which is a USD 3.5 million investment, is to generate 500 employment opportunities for people living in the south and other parts of the country. Moreover, the products are slated to be exported to the UK and Europe. The agreement in this regard was signed recently at the BOI Head Office in the presence of BOI Director General Renuka M Weerakone.

The Director General said “A project of this nature should be recognized owing to the fact that it depicts the vibrant and vivid expansion of BOI projects, which has now started to reach the rural areas, The new venture will uplift the livelihood of the people living in the Ambalangoda area plus become a crucial source of bringing dollars to the country in a situation where the country isin dire need of dollars,” she underscored.

Founder and incumbent Chairman of the Stylish Garments (Pvt) Ltd Leelaratne Hattanarachchi said,” we were determined to launch the project irrespective of current challenges because such new projects would bring dollars to the country. That’s the very reason why I ventured to start operations at this new factory by turning the advantage of this crisis to ourselves. At the same time, we do appreciate the support rendered by the BOI at this critical juncture and look forward their support in future too.”

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Browns Investments solar power plant deal dominates CSE trading

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By Hiran H. Senewiratne

CSE’s leading listed company, Browns Investments, disposed of 50.1 per cent of its stake in Sagasolar Power Power (Private) Limited to another leading company, Aitken Spence Pvt. Ltd. yesterday, market sources said.

The total value of the company was Rs 1.4 billion and under this deal Browns Investments sold the stake for Rs 700 million. The capacity of the solar power plant is 10 megawatts, stock market analysts said.

Sagasolar Power built the solar PV facility on 45 acres (18.2 ha) of land within a dedicated energy development area in Baruthankanda, Hambantota district, Southern province. The country’s previous largest solar plant is a 1.3-MW facility also located in Hambantota.

Amid those developments, the trading activities in the stock market turned negative due to macro and micro economic uncertainties. Accordingly, stocks slipped over 1 per cent at mid-day trade yesterday for the third consecutive day, market analysis said.

The All- Share Price Index fell by 121 points and S and P SL20 went down by 50.8 points. Turnover stood at Rs 982 million without any crossings. Top seven companies that that contributed to the turnover were, Lanka IOC Rs 274 million (3.5 million shares traded), Expolanka Holdings Rs 185 million (1.2 million shares traded), JKH Rs 77 million (626,000 shares traded), LOLC Finance Rs 59.8 million (9.9 million shares traded), Browns Investments Rs 58.9 million (8.9 million shares traded), LOLC Holdings Rs 32.6 million (89,000 shares traded) and Commercial Bank Rs 15.4 million (309,000 shares traded). During the day 51.5 million share volumes changed hands in 14000 share transactions.

Yesterday the Central Bank announced US dollar buying rate was Rs 356.04 and the selling price Rs 367.33.

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