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Tuya Smart Showcased Multiple Innovative Offerings at CES 2024 With Market-Leading Innovations
Prnewswire· 2024-01-17 08:18
Core Insights - Tuya Smart showcased innovative smart products at CES 2024, emphasizing collaboration with global developers and a commitment to sustainable development [1][2] Product Innovations - Tuya introduced a range of smart products including a smart bird feeder, laser night light projector, and smart control panel, enhancing user experience and happiness [3][4][5][6] - The smart bird feeder features a low-energy camera that identifies over 10,000 bird species and is solar-powered for continuous use [4] - The laser night light projector improves sleep quality with customizable features for a soothing ambiance [5] - The smart control panel integrates various smart home devices for easy management, supporting multiple interaction methods [6] Additional Smart Products - Tuya unveiled a smart lawn mower, smart photo frames, and a smart food thermometer, expanding its product categories [7][8][9][10] - The smart lawn mower robot autonomously mows and navigates, while the smart photo frame allows users to share moments with loved ones [8][9] - The smart food thermometer connects via Bluetooth to track cooking progress, ensuring high-quality dishes [10] Sustainability Efforts - Tuya is focused on sustainable development with products like smart thermostats and energy-saving kits [11][12][13] - The smart thermostat can reduce electricity consumption by 10%-20% by adapting to user habits [12] - The energy-saving kit can decrease energy consumption by up to 54% per month by adjusting home appliances based on environmental data [13]
Tuya Highlights Home Energy Management System and Net Zero Solutions for Smart Energy Industry at CES 2024
Prnewswire· 2024-01-12 13:15
Core Insights - Tuya Smart has introduced its Home Energy Management System (HEMS) and Net Zero Solutions at CES 2024, reinforcing its position in the smart energy industry [1][8] - HEMS aims to optimize household energy management by establishing a real-time interactive relationship between power supply and consumption, thereby reducing energy costs and waste [2][4] - The Net Zero Solutions target various sectors, including office buildings and smart cities, utilizing AI and IoT for intelligent energy management [5][6] Group 1: Home Energy Management System (HEMS) - HEMS is designed to manage household energy consumption intelligently, providing visual management of energy data and minimizing usage costs [2] - The system has been implemented in Singapore, resulting in an average energy saving of 25% and up to 54% in some households [3] - At CES 2024, HEMS showcased key information such as storage rates and energy costs to assist users in making informed decisions [4] Group 2: Net Zero Solutions - Tuya's Net Zero Solutions are developed to address global climate challenges and promote sustainable development, aligning with the trend towards intelligent and green technology [5] - These solutions provide comprehensive support for developers, enabling the rapid construction of personalized Net Zero Solutions for various scenarios [6] - Implementations in construction and smart cities have shown energy consumption reductions ranging from 15% to 30% [7] Group 3: Industry Position and Future Outlook - Tuya's innovations have received widespread recognition at CES 2024, highlighting the company's technological capabilities in the energy sector [8] - The company encourages global developers to collaborate in leveraging innovative technologies to tackle energy and climate challenges [8] - Tuya remains committed to integrating AI and IoT to provide innovative solutions for the energy industry [8]
Tuya Developer Day at CES 2024 Features Inspiring Panel on Jointly Driving Smart, Secure, Connected Future
Prnewswire· 2024-01-12 13:15
Core Insights - Tuya Smart successfully hosted the "Tuya Developer Day" at CES 2024, focusing on innovation in AI and IoT technologies, and promoting a safer and sustainable interconnected world [1][2] Group 1: Event Overview - The event aligned with CES 2024's theme "All Together, All On," emphasizing Tuya's commitment to collaborative innovation and creating a connected intelligent world [2] - Leading brands and associations such as AWS, Bluetooth SIG, and Wi-Fi Alliance participated, sharing insights on connectivity protocols and security compliance in the IoT industry [3] Group 2: Wireless Connectivity Innovations - The first panel, led by Tuya's General Manager for Asia Pacific, discussed advancements in wireless connectivity technology and its impact on the smart home market [4] - Wi-Fi Alliance's CEO highlighted Wi-Fi 7's capabilities, including multi-link operation (MLO) for improved data transmission and reliability [5] - Bluetooth SIG reported over 40,000 member companies and over 5 billion Bluetooth-enabled products shipped in 2023, showcasing the ecosystem's growth [5] - Connectivity Standards Alliance discussed the role of Matter in enhancing IoT interoperability, emphasizing its open standard advantages [5] - Thread Group's Treasurer noted the rapid development of Thread technology, focusing on its safety, reliability, and low energy consumption [5] Group 3: IoT Security Focus - The second panel, hosted by Tuya's North America Regional Director, addressed the importance of security in the IoT industry [6] - ioXt's Director of Operations emphasized the growing consumer demand for IoT security and privacy, highlighting collaboration with Tuya for product security assessment [6] - Silicon Labs' Director of IoT Software discussed their Secure Vault technology and commitment to enhancing IoT security in partnership with Tuya [6] - AWS's Security Principal explained how AWS can help manufacturers build Matter-compliant devices, providing cost-effective security solutions [6] Group 4: Future Directions - Tuya aims to foster closer collaboration with industry partners across telecommunications, connectivity protocols, consumer electronics, and product security certification [6] - The company plans to leverage AI, IoT, and cloud computing technologies to empower vertical industries and work towards achieving ESG goals [6]
Tuya Developer Day at CES 2024: Advanced Technologies to Develop Future Smart World
Prnewswire· 2024-01-11 06:31
Core Insights - Tuya Smart hosted "Tuya Developer Day" at CES 2024, emphasizing collaboration with global developers to create a seamlessly interconnected world under the theme "All Together, All On Smart" [1] - The event showcased Tuya's commitment to an open and neutral approach, enabling innovation and collaboration in smart solutions [1] Group 1: Event Highlights - The event welcomed representatives from various industries, including smart real estate, lighting, consumer electronics, and telecommunications, facilitating discussions on IoT and AI technologies [2] - Keynote speeches highlighted the importance of sustainable development and the role of IoT in achieving these goals, with Tuya's commitment to providing smart energy solutions covering the entire energy ecosystem [2][3] Group 2: Partnerships and Collaborations - Tuya formed partnerships with notable companies such as Möwe, Goqual, VTA+, and Grupo Construlita, focusing on multi-dimensional cooperation in products, technology, and channels [18] - The event featured discussions on innovative topics and shared case studies from leading brands, enhancing collaboration within the smart home ecosystem [3][4] Group 3: Technological Innovations - Amazon reported over 400 million smart home devices connected to Alexa, showcasing the growth of smart home technology and the ease of device setup through Tuya's collaboration [4][5] - CALEX and Grupo Construlita emphasized their commitment to sustainable growth and smart building solutions, leveraging Tuya's technology to enhance energy efficiency and productivity [6][9] Group 4: Future Directions - Tuya aims to continue fostering collaboration with global developers, promoting the application of IoT, AI, and other technologies to drive the intelligent industry forward [19] - The event attracted thousands of visitors, indicating strong market interest and opportunities for Tuya and its partners in the smart home sector [19]
Tuya Highlighted Its Theme for CES 2024 to Shape the Future of "All Together, All On Smart"
Prnewswire· 2024-01-10 05:57
Core Insights - Tuya Smart is showcasing its innovative solutions and unveiling its Four Signature Colors at CES 2024, aligning with the event's theme of global collaboration in consumer electronics [1] - The theme "All Together, All On Smart" reflects Tuya's vision for a sustainable future through smart technology, emphasizing collaboration with global developers [2][3] Group 1: Theme and Vision - "All Together" embodies the concept of universal harmony, promoting collaboration and peace, while "All On Smart" envisions a smarter coexistence through advanced technologies [2] - The theme signifies Tuya's commitment to building a more open, inclusive, and sustainable world in the context of globalization [3] Group 2: Four Signature Colors - Tuya's Four Signature Colors for 2024 are Peach Fuzz, Bermuda Green, Aurora Pink, and Little Boy Blue, each symbolizing different aspects of Tuya's commitment to its theme [4][5] - Peach Fuzz represents a shared vision, Bermuda Green symbolizes shared development, Aurora Pink signifies shared perception, and Little Boy Blue reflects shared innovation [4][5] Group 3: Solutions and Future Directions - Tuya plans to showcase a variety of solutions at CES 2024, including smart energy, smart travel, and smart HVAC, leveraging technologies like AI and IoT [6] - The theme and colors demonstrate Tuya's deep exploration of sustainable futures, providing practical paths for industry customers to adopt green and low-carbon solutions [6]
Tuya to Participate in Fireside Chat Series at the CES 2024
Prnewswire· 2024-01-09 09:04
Core Viewpoint - Tuya Inc. is actively engaging with investors by participating in the Water Tower Research Fireside Chat Series at CES 2024, highlighting its position as a leading IoT cloud development platform [1] Group 1: Company Overview - Tuya Inc. is recognized as a global leader in the IoT cloud development sector, aiming to create an IoT developer ecosystem that facilitates smart technology integration [2] - The company offers a comprehensive range of services, including Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS), to support businesses and developers in the IoT space [2] - Tuya's platform enables a dynamic IoT ecosystem, connecting brands, OEMs, partners, and end users through various smart devices [2] Group 2: Investor Engagement - The management of Tuya will participate in a public event at CES 2024 on January 11, 2024, at 10:00 a.m. Eastern Time, which is accessible to all investors [1] - Interested investors can register for the event through a provided link, and a replay of the webcast will be available on the company's investor relations website [1]
Tuya Smart to Showcase Its Cutting-edge Technologies and Innovative Solutions at CES 2024
2023-12-21 04:22
NEW YORK, Dec. 20, 2023 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX:2391), a global IoT developer service provider, announced that it would bring an extensive range of cutting-edge solutions to CES 2024 to present its green and low-carbon development philosophy to developers worldwide. In line with the theme of CES 2024, "ALL TOGETHER, ALL ON", global businesses are seeking to enhance the level of inclusivity and engagement for consumer electronics products. Tuya followed the main theme and established its ...
TUYA(TUYA) - 2023 Q3 - Earnings Call Transcript
2023-11-29 07:04
Tuya, Inc. (NYSE:TUYA) Q3 2023 Earnings Conference Call November 28, 2023 7:30 PM ET Company Participants Reg Chai - IR Director Jerry Wang - Founder and CEO Jessie Liu - CFO Conference Call Participants Mingran Li - CICC Yang Liu - Morgan Stanley Timothy Zhao - Goldman Sachs Operator Good morning and good evening, ladies and gentlemen. Thank you for standing by and welcome to Tuya Inc.'s Third Quarter 2023 Earnings Conference Call. I'll now turn the call over to the first speaker today, Mr. Reg Chai, Inv ...
TUYA(TUYA) - 2023 Q4 - Annual Report
2023-11-27 16:00
Exhibit 99.1 Tuya Reports Third Quarter 2023 Unaudited Financial Results SANTA CLARA, Calif., November 28, 2023/PRNewswire/– Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA; HKEX: 2391), a global leading IoT cloud development platform, today announced its unaudited financial results for the third quarter ended September 30, 2023. Third Quarter 2023 Financial Highlights ● Total revenue was US$61.1 million, up approximately 35.7% year over year (3Q2022: US$45.0 million). ● IoT platform-as-a-service ("PaaS") r ...
TUYA(TUYA) - 2023 Q2 - Earnings Call Transcript
2023-08-24 19:52
Tuya Inc (NYSE:TUYA) Q2 2023 Results Conference Call August 23, 2023 8:30 PM ET Company Participants Reg Chai - Director of Investor Relations Xueji Wang - Founder, Co-Chairman and CEO Yao Liu - Senior VP, CFO and Director Conference Call Participants Yang Liu - Morgan Stanley Timothy Zhao - Goldman Sachs Mingran Li - CICC Operator Good morning, good evening ladies and gentlemen. Thank you for standing by and welcome to Tuya Inc’s Second Quarter 2023 Earnings Conference Call. [Operator Instructions] I’ll no ...