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Live Stream Market Could Touch $245 Billion By 2027

9Apr By PriyankaNo Comments

ANALYSIS

Live Stream Market Could Touch $245 Billion By 2027

PALM BEACH, Fla., 04/09/2021-- Live Streaming markets actually fared well recently due to the global pandemic and gained precedence in light of emerging social media platforms and affordable data consumption plans. Live streaming software allows users to present a live feed of events. It has been recently been used by social media influencers for gaining followers and debate on interesting topics. According to a recent report from Market Research Future (MRFR), the global live streaming market can expand to USD 247,275 million by 2027. The report included few very important points that we mentioned below, The market is deemed to expand owing to the emergence of various social media platforms providing voice to opinions and commentaries on various interests. This is attributed ...

7Aug By PriyankaNo Comments

Tech

Google Discontinue Pixel 4 Model

Aug 7th, 2020: Google discontinues its flagship smartphone model Pixel 4 and Pixel 4 XL in less than a year. The company said it has sold its inventory and completed sales of Pixel 4 and Pixel 4XL. Pixel 4 series will continue to get software and security updates for at least 3 years from the device first became available on the Google Store. The cost of Pixel 4 and Pixel 4 XL was $799+ & $899+. Last year in October, Google launched Pixel 4 at its event Made by Google 2019 in New York City. The smartphone was powered by Snapdragon 855 processor with 6GB of RAM, which was the first time Google increased RAM since launching the Pixel line in 2016. Both series have 64 or 128GB of storage. The smartphone was available in Just Black, Clearly White, and a bold Oh So Orang...

15Jul By PriyankaNo Comments

INDIA

End of Huawei’s 5G Journey in India? Reliance Jio Launch Made in India 5G solution

New Delhi, Jul 15, 2020: India's leading company Reliance Industries said that its telecom unit Jio has built a Made-in-India 5G solution that can be ready for field deployment next year and has teamed up with Google for developing affordable smartphones. Asserting Jio's move to make India free of 2G, RIL Chairman Mukesh Ambani emphasized on the need to accelerate the migration of 350 million Indians 2G phone users to an affordable smartphone, at a time when India stands at the doorsteps of the 5G era. At Reliance 43rd AGM, Mukesh Ambani said, "There are many feature phone users who are waiting to upgrade to a conventional smartphone, if only it was somehow more affordable. So, we have decided to address this challenge head-on. We believe we can design entry-level 4G or even 5G smar...

16May By Press Trust of IndiaNo Comments

INDIA

Lava to shift operations from China to India, Invest $100 Million cr in 5 yrs

Mobile devices maker Lava International said it is shifting its China operations to India following recent policy announcements by the Indian government. The company plans to invest around $100 million (800 crore) over the next five years to scale up its mobile phone development and manufacturing operations in the country. "We had around 600-650 employees in China for product design. Now we have shifted designing to India. Our sales requirements for India were met from our local plant. "We used to partially export mobile phones from China to the rest of the world, which will now happen from India," Lava International Chairman and Managing Director Hari Om Rai told PTI. During the lockdown period, Lava met its export demand from China. "My dream is to export mobile devices t...

Sony to Launch World’s First AI based Intelligent Sensors

14May By PriyankaNo Comments

Tech

Sony to Launch World’s First AI based Intelligent Sensors

TOKYO, May 14, 2020-- Sony Corporation announced the upcoming release of two models of intelligent vision sensors, the first image sensors in the world to be equipped with AI processing functionality. Including AI processing functionality on the image sensor itself enables high-speed edge AI processing and extraction of only the necessary data, which, when using cloud services, reduces data transmission latency, minimizes any privacy concerns, and reduces power consumption and communication costs. These products expand the opportunities to develop AI-equipped cameras, enabling a diverse range of applications in the retail and industrial equipment industries and contributing to building optimal systems that link with the cloud. The new sensor products feature a stacked configurat...

Nokia profit up; Sales dip due to Covid19

30Apr By PriyankaNo Comments

BUSINESS

Nokia profit up; Sales dip due to Covid19

Nokia has reported first-quarter profit but said the COVID-19 pandemic dented sales by around USD 218 million mainly due to supply issues associated with disruptions in China. The company based in Espoo, Finland, reported a net profit of 33 million euros for the January-March period, in comparison to a loss of 116 million euros the previous year. Sales were down 2 percent at 4.9 billion euros. CEO Rajeev Suri said, Nokia didn't see a decline in demand in the first quarter but noted that as the coronavirus situation develops an increase in supply and delivery challenges in a number of countries is possible and some customers may re-assess their spending plans. Nokia is one of three main providers of the ultra-fast, new-generation 5G networks along China's Huawei and Sweden's Erics...

Samsung ends Mobile Phone production in China

12Apr By reutersNo Comments

BUSINESS

Samsung ends Mobile Phone production in China

SEOUL (Reuters)- Samsung Electronics Co Ltd has ended mobile telephone production in China, it said on Wednesday, hurt by intensifying competition from domestic rivals in the world’s biggest smartphone market. The shutdown of Samsung’s last China phone factory comes after it cut production at the plant in the southern city of Huizhou in June and suspended another factory late last year, underscoring stiff competition in the country. The South Korean tech giant’s ceased phone production in China follows other manufacturers shifting production from China due to rising labor costs and the economic slowdown. Sony also said it was closing its Beijing smartphone plant and would only make smartphones in Thailand. But Apple still makes major products in China. Samsung’s share of th...

Recruitment platform WorkIndia raises $7 million from Xiaomi

10Feb By PriyankaNo Comments

FUNDING

Recruitment platform WorkIndia raises $7 million from Xiaomi

Blue-collar recruitment platform WorkIndia has raised $7 million (Rs 42 crore) from Chinese tech major Xiaomi. Previous investors of WorkIndia who have done multiple investment rounds in the company include Beenext Pte ltd and a Japanese hedge fund Asuka Investments among others, the company said. In less than five years, the company has moved from being a technology startup to an unprecedented 2.1 crore unique app sessions per month, 1.5 crores registered job seekers and presence in 763 cities across India, it added. "The cutting edge technology developed by WorkIndia, utilising geo-positioning and dynamic algorithms, is one of the best in class that we have seen. The company has created a massive dent in the Indian blue-collar segment within a short span of time. It is inspi...

Chinese city turns into Ghost Town after Samsung shifts operation to India, Vietnam

12Dec By AdityaNo Comments

CHINA

Chinese city turns into Ghost Town after Samsung shifts operation to India, Vietnam

Huizhou city on the north of China's flourishing Pearl River Delta has turned into a ghost town after Samsung closed its three-decade old factory and shifted operations to India and Vietnam in October, in the first visible fallout of the ongoing trade war between China and the US. The bustling city turned a "ghost town" after Samsung closed its last smartphone factory in China, the Hong Kong-based South China Morning Post reported on Wednesday. Samsung relocated production to Vietnam and India in large part as a response to the trade war between the world's two largest economies, it said, adding that the industry insiders consider that it reflected China's changing position in the global supply chain. Last year Samsung inaugurated its world's largest mobile factory in Noida, near...

Huawei Foldable Smartphone MateX Launched Without Google OS

15Nov By NitishNo Comments

Tech

Huawei Foldable Smartphone MateX Launched Without Google OS

Chinese tech giant Huawei is selling its first folding smartphone without Google apps and U.S. made processor chips following sanctions imposed by Washington. The Mate X, which unfolds to 14.6 centimeters (5.8 inches) wide, went on sale Friday on Huawei's online store in China priced at 16,999 yuan ($2,422). It competes with Samsung's Galaxy Fold launched in September. Huawei Technologies Ltd., China's first global tech brand, is scrambling to preserve its business following U.S. controls imposed in May on sales of American components and technology to the company, which Washington says is a security risk. The company is the No. 2 smartphone behind Samsung Electronics Ltd. and the biggest maker of network gear for phone carriers. Huawei denies US accusations the company might ...

Samsung Galaxy Note 10, 10+ Smartphone Launched in NewYork

8Aug By PriyankaNo Comments

Tech

Samsung Galaxy Note 10, 10+ Smartphone Launched in NewYork

Samsung unveiled a new-generation Galaxy Note large-screen handset starting at $950 and said it will work closely with Microsoft so that services function better across its array of devices. The Note 10 "phablet" which is set for release on August 23, comes in two sizes, with the larger beginning at USD 1,100. The price puts the model at the premium end of a cooling global smartphone market. The latest generation Note was introduced at a media event in New York by DJ Koh, head of IT and mobile communications, who touted it as "the world's most powerful mobile device." "Every element of the Galaxy Note 10 was designed to help users achieve more," Koh said. "Whether they're finishing a big project for work, capturing and editing a video, or playing their favorite mobile game, the G...

US Secretary fears Huawei will pass information to Chinese govt

30May By Press Trust of IndiaNo Comments

USA

US Secretary fears Huawei will pass information to Chinese govt

The Trump administration is opposing Huawei as it fears the State-controlled telecom giant will pass on information to the Chinese government of which it is an "instrument" and deeply connected with, US Secretary of State Mike Pompeo has said. Escalating the bruising trade war with China, the US Department of Commerce recently blacklisted Huawei over security concerns and barred American companies from installing its telecom equipment. Earlier in the week, US President Donald Trump said there was a possibility of including the Huawei issue in the ongoing trade negotiations with China. "Huawei is an instrument of the Chinese Government. They are deeply connected," Pompeo said to a Business News in an interview. Responding to a question on the US efforts to oppose Huawei globall...