Nike, NBA unveil innovative new jerseys, gear

The NBA and Nike unveil the ‘Statement’ edition uniforms for the 2017-18 season.

LOS ANGELES, Calif. –Ushering in a radical evolution of the fan experience, NIKE, Inc. and the NBA today unveiled three new innovations: the Nike NBA Connected Jersey, the first NBA jersey that gives the wearer an all-access pass into the world of their favorite team and players; Statement Edition uniforms; and the Nike Therma Flex Showtime Warm-up Jacket, the first hooded jacket to be worn on the court during gametime. The official announcements took place at an event in Los Angeles attended by players from all 30 NBA teams.

“When you think about basketball, you think of Nike and the NBA,” said Mark Parker, Chairman, CEO and President of NIKE, Inc. “After helping fuel the sport’s impact for years, we are thrilled to now be able to push the boundaries of what’s possible directly with the NBA. From modernizing the look of the game to revolutionizing how fans can be a part of it, we can’t wait for the season to start.”

“Our Nike uniforms set a new standard for connecting our most passionate fans with their favorite NBA teams and players,” said Adam Silver, NBA Commissioner. “Nike has once again taken the game of basketball to a new level, this time with one of the most advanced jerseys in sports.”

Using new NikeConnect technology, each adult-sized Nike NBA Connected Jersey will have an embedded NFC (near field communication) chip that will launch real-time team and player content such as pregame arrival footage, highlight packages and top players’ favorite music playlists – all on the jersey owner’s mobile device. Throughout the season, a wealth of exclusive offers and experiences will bring fans closer to the game they love.

To unlock it all, fans will download the NikeConnect app and tap the jersey with their smartphone. These jerseys become available online globally on Sept. 29, rewarding the game’s fans with a revolutionary experience that creates a new point of connection between fans and the game.

“In our new connected era, Nike will lead with products that build a relationship with our consumers,” said Trevor Edwards, President, Nike Brand. “With NikeConnect, we deliver to basketball fans everywhere the personal and premium experiences we know they love.”

Nike and the NBA also unveiled the third of four core team uniforms – the Statement Edition, inspired by teams’ desire to make a bold statement the moment they step on the court. Nike’s designers worked with the teams and the brand’s roster of athletes to create new and updated uniforms for this third edition.

The Statement Edition uniform follows the earlier unveiling of the Association and Icon Edition uniforms. As previously announced, the home teams will determine which uniforms to wear at their games. The fourth team edition will be released later this year.

In addition to the new uniforms, Nike and the NBA debuted the Nike Therma Flex Showtime Warm-up Jacket,the first on-court warm-up jacket with a performance hood. Celebrating the style of the game, Nike designers refreshed a beloved apparel staple into a new performance product for athletes on and off the court.

The jacket, created with new Nike Therma Flex fabric, helps athletes maintain the right body temperature during pregame warm-ups and downtime during a game – a critical element for peak performance. Developed with input from top NBA athletes, the reimagined hood allows for optimal vision, hearing and warmth, delivering a greater intersection between performance and style – a key request from NBA athletes.

The Nike NBA Connected Jersey is available exclusively online starting Sept. 29, and the Nike NBA uniforms and Nike Therma Flex Showtime Warm-up Jacket will debut on-court on Sept. 30, the start of the NBA preseason. All Statement Edition jerseys will be available at retail on Nov. 20, and will begin being worn on-court on Nov. 25.


LG Could Unveil New Curved Phone in November

lg curved phone

Just weeks after the announcement of the first curved smartphone, the Samsung Galaxy Round, images of a second curved phone have emerged.

South Korean LCD display maker LG Display announced recently it would start mass-producing flexible OLED screens for smartphones. The organic LED display screen technology is used in computer monitors, PDFs, handheld games and other devices.

In a recent prepared statement issued in an official company release, Dr. Sang Deog Yeo, Executive Vice President and Chief Technology Officer explains:

LG Display is launching a new era of flexible displays for smartphones with its industry-leading technology. The flexible display market is expected to grow quickly as this technology is expected to expand further into diverse applications including automotive displays, tablets and wearable devices.

New LG Curved Phone Could Be More Accessible

For small businesses and mobile entrepreneurs this could mean a more accessible phone.

Images of a yet-to-be-announced LG phone published by Engadget (pictured above) show a completely different curve. That’s top to bottom instead of along the access like the Samsung phone.

But more importantly, mass production of the device probably means a lower price and greater availability.

The Samsung phone, while unique, is priced at around $1000 and currently only available in South Korea.

Pricing, availability and more detailed specs will likely not be available until sometime next month, Engadget reports.

The new curved display is also said to be “bendable and unbreakable” which, if true, might also make the device a good value for the on-the-go entrepreneur.

Image: Engadget


NSE Group Firm Unveil Online Centralized Know Your Customers Registry

NSE Group Firm Unveil Online Centralized Know Your Customers Registry
New Delhi: Leading bourse NSE’s DotEx and central server CERSAI have launched an online centralized know your customers record registry, a move that will help in saving costs for financial institutions.

The move is aimed at ensuring uniform KYC process and inter-usability of KYC records across the entire financial sector. It will also result in huge cost savings for all financial institutions and customers. “CERSAI and DotEx have launched online C-KYC (central know your customers) registry, a unique initiative of government of India, to simplify KYC process,” NSE said in a statement.

In C-KYC, investors need to submit their KYC details only once with any financial institution. Thereafter, they are assigned a unique central KYC number which can be used across all financial products, including bank accounts, mutual fund investments, insurance policies and demat accounts.
In addition, C-KYC will also solve the problem of financial institutions and intermediaries which at present have to deal with multiple KRAs under Sebi.

CERSAI (Central Registry of Securitisation and Asset Reconstruction and Security Interest of India), a government undertaking, was entrusted with the task of maintaining C-KYC Registry while DotEx International is the managed-service provider for C-KYC handling operations as well as the helpdesk on behalf of CERSAI.

“C-KYC will also facilitate faster turnaround at substantial cost savings with an average cost of around Rs 1 per upload, download or update,” DotEx International Chief Executive Mukesh Agarwal said.

At present, most financial institutions pay about Rs 20-35 per KYC.

“It is expected to be of great help to financial institutions and customers who have to undergo KYC multiple times across different financial institutions. Further, C-KYC will ensure uniform KYC process across financial institutions and result in significant cost savings for financial institutions and customers,” Department of Financial Services Joint Secretary Mohammed Mustafa said.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)