Business
vivo breaks new ground with self-designed Imaging Chip V1, committing to long-term technology innovation strategy
vivo unveiled its new self-designed Imaging Chip V1 during a press event held last week in Shenzhen, China. Throughout the event, vivo introduced the Imaging Chip V1 and expanded on its four long-term strategic tracks.
“V1 is a fully-customized integrated circuit chip dedicated for imaging and video applications with leading edge visual quality, marking a key milestone as vivo’s inaugural breakthrough in independent R&D and chip design. In line with vivo’s imaging system design, the Imaging Chip V1 can better serve user needs by optimizing smartphone application scenarios such as viewfinder look and video recording,” said Hu Baishan, Executive Vice President & COO at vivo.
The Imaging Chip V1 has been under development for 24 months by over 300 R&D personnel and imaging lab experts at vivo. Moving forward, vivo’s approach towards spearheading innovative image processing (IP) technology at the chip level will mainly revolve around four strategic tracks: image system, operating system, industrial design and performance. In Hu’s view, vivo will only consider developing chips with partners when there is a lack of supplied capability on the market that are suitable for vivo’s product and technical needs, along with substantial demand for fully-customized chips to support these long-term strategic tracks. vivo will strategically focus its resources on simulating the known needs of consumers through IP Design and developing key innovative image processing algorithms, without undertaking chip manufacturing.
“Aside from enhancing the visual aesthetics and imaging effects of vivo products, the Imaging Chip V1 also aims to bring unparalleled experiences to users by channeling emotional resonance through visual expression. vivo is staunchly committed to long-term investment in the four strategic tracks to create industry-leading technology and innovation, which will undoubtedly satisfy even the most demanding high-end smartphone users,” he added.
As early as 2019, vivo began linking design-driven and user-oriented innovation with the evolving demands of users, culminating in the four long-term strategic tracks. Since then, vivo has been recruiting talents from all around the world to implement a vigorous development strategy.
Image system is a part of the core long-term strategic tracks of vivo. To this day, vivo has invested heavily in this field for over five years, achieving many industry-leading breakthroughs such as Gimbal Stabilization technology and Selfie Spotlight along the way. In December 2020, vivo and ZEISS announced a long-term strategic partnership in mobile imaging innovation. Both partners share the ambition to anticipate and meet most demanding consumer requirements, as well as the will to challenge the limits of mobile imaging through joint research and development at the vivo ZEISS Imaging Lab.
Based on consumer insights, vivo will implement a three-pronged strategy – focusing on product planning, technical planning and technical pre-research – to strike a balance between products and technology. The vivo Central Research Institute will be responsible for planning up-and-coming technologies, which will be closely aligned with consumer demands, industry trends and user scenarios.
vivo’s goal over the next 10 to 20 years is to create great products based on a design-driven value, building a bridge between humans and the digital world by providing users with an increasingly convenient mobile and digital experience. vivo will continue to implement vigorous development strategies with the vision of becoming a healthier, longer-lasting world-class corporation.
Business
JAT Holdings celebrates the 6th Pintharu Abhiman Convocation, uplifting over 800 painters through NVQ certification
JAT Holdings PLC marked a significant milestone with the successful conclusion of the 6th JAT Pintharu Abhiman Convocation, recognising more than 800 painters who have earned their NVQ Level 3 qualification, an internationally recognised professional certification delivered in partnership with the National Apprentice and Industrial Training Authority (NAITA).
JAT Pintharu Abhiman was established to uplift Sri Lanka’s painter community through structured skills development, professional recognition and stronger earning potential. This year’s graduating cohort reflects the programme’s expanding reach and the tangible changes it continues to deliver for individuals, families and communities.JAT in collaboration with NAITA has streamlined the certification process such that what would traditionally take up to six months has been refined into an efficient and high-impact three-day assessment model. This approach ensures painters can obtain their qualification without sacrificing extended periods of work, while JAT fully absorbs the certification cost, removing financial barriers and enabling wider access to formal recognition.
Research conducted amongst NVQ qualified participants shows meaningful improvements in livelihoods, with 90 percent reporting increased personal confidence and 76 percent noting an improvement in their overall standard of living. This uplift demonstrates the long-term value of industry-aligned professional training.
A noteworthy moment at this year’s convocation was the recognition of four female painters who received their NVQ certifications. Their achievement marks an important step in broadening female participation in a field that has historically been male dominated, reinforcing JAT Holdings’ commitment to creating inclusive pathways for technical development and sustainable employment.
Speaking at the ceremony, Mr. Wasantha Gunaratne, Director Sales and Technical (South Asia) of JAT Holdings PLC, said:
“Pintharu Abhiman is fundamentally about development, giving painters the knowledge, structure and recognition they need to progress in their careers. By equipping over 800 painters with an internationally recognised NVQ qualification, we are not only strengthening the technical standards of the industry but also creating real pathways for entrepreneurship and financial independence. It is especially encouraging to see that one in five certified painters have already begun building their own businesses. These are the outcomes that matter because they show that when we invest in skills, we unlock opportunity. JAT remains committed to expanding these avenues so every painter has the chance to grow, lead and build a sustainable future.”
The 6th JAT Pintharu Abhiman Convocation underscores JAT’s continued dedication to uplifting the painter community, enhancing industry standards and supporting national skills development through accessible, professionally recognised qualifications.
Business
Industry bodies flag gaps in Draft National Electricity Policy
The Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.
Whilst recognizing the need for reform in the electricity sector, the submission flags several gaps in the draft policy that require closer attention. Key areas such as affordability, decarbonisation commitments, incentives for renewable energy, competition, and the long-term financial health of the sector are either missing or not addressed in sufficient depth.
The proposed tariff revisions outlined in the draft energy policy raise concerns, particularly regarding the removal of cross-subsidies and the proposal to restrict subsidies exclusively to households consuming less than 30 kWh per month. Without detailed analysis, these measures could weaken access to sustainable and affordable energy and potentially lead to fiscal risks.
The provisions allowing uncompensated curtailment, removing feed-in tariffs, and imposing mandatory time-of-use tariffs on rooftop solar users could make renewable energy projects un-bankable for international lenders, thereby increasing the cost of capital for Sri Lanka.
Calling for a more future-focused approach, the submission stresses the need for a policy that reflects modern electricity systems, including planning for the energy transition, energy storage, market competition, cross-border electricity trading, and emerging technologies.
The Chambers and Associations request a comprehensive revision of the Draft National Electricity Policy, alignment with the Electricity Act, and resubmission following substantive consultation, and reiterate support to engage constructively with policymakers to shape a policy that supports affordability, investment confidence, and Sri Lanka’s long-term energy security.
Business
Bank of Ceylon partners with 36th APB Sri Lanka Convention
Bank of Ceylon (BOC) partnered with the 36th Annual Convention of the Association of Professional Bankers (APB) Sri Lanka, reaffirming its commitment to promoting professional excellence and knowledge sharing within the banking sector. The partnership was officially handed over by Sameera D. Liyanage, Chief Marketing Officer of Bank of Ceylon and M. R. N. Rohana Kumara, Deputy General Manager Business Revival Unit of Bank of Ceylon, reflecting BOC’s focus on empowering banking professionals and supporting the sustainable growth of Sri Lanka’s financial services industry.
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