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Opinion: OnePlus Nord CE 2 Lite could be Redmi Note 11 Pro 5G’s true competitor

Yesterday, out of nowhere, details about an interesting OnePlus-branded budget smartphone emerged on the internet. The device, which is said to go official as OnePlus Nord CE 2 Lite is tipped to pack features that were never heard of on affordable OnePlus phones to date. If the leak is to be believed, the handset will likely compete with the Redmi Note 11 Pro 5G, which is already facing competition from its siblings.

 

Introduction

Last week, Xiaomi took the wraps off the international Redmi Note 11 series consisting of four devices. The Redmi Note 11 Pro 5G is the topmost model with all the bells and whistles, however, it is not as value for money as the Redmi Note 11S or even the last year’s Redmi Note 10 Pro (aka Redmi Note 10 Pro Max).

Redmi Note 11 Pro 5G Global
Redmi Note 11 Pro 5G

To make the situation even worse, the phone is about to get two competitors from the Oujia group (OPLUS) – Realme 9 Pro+ and OnePlus Nord CE 2 Lite. 

We already know about the former, and given the features it will come with, the handset will likely be more expensive than the Redmi Note 11 Pro 5G. Hence, the proper competitor could be the OnePlus Nord CE 2 Lite instead.

OnePlus has been long rumored to release the OnePlus Nord CE 2. But no one expected a lite variant of this device, which sounds more promising for markets like India.

 

Redmi Note 10 Pro can still take on Redmi Note 11 Pro 5G

The Redmi Note 11 Pro 5G is not as interesting as its predecessor Redmi Note 10 Pro. Because the latter had already set the bar for budget smartphones last year. The newer handset is merely an iterative model.   

Anyway, it still arrives with some upgraded features like 67W fast charging, 5G connectivity via Qualcomm Snapdragon 695 SoC, liquid cooling technology, and MIUI 13 out of the box.

Redmi Note 10 Pro (Max) Featured 02
Redmi Note 10 Pro

The phone also sports a flat frame design and comes in a unique colorway called Atlantic Blue that mimics water waves.  But it lacks one of the best features of its forerunner – a 5MP telemacro camera with autofocus.

If you look at this smartphone discretely, it still sounds like a good deal. However, when you start comparing it with its predecessor, you may find the older handset a better deal as it is not only cheaper but offers the almost same experience.

Anyhoo, Xiaomi is known for discontinuing the older phone with the release of their successor. So it may soon become difficult to get hands on the Redmi Note 10 Pro.

 

The new kid on the block – OnePlus Nord CE 2 Lite

Unlike the Redmi Note 10 Pro, the OnePlus Nord CE 2 Lite is yet to release, and therefore, it will be on the market for months to come. We believe that it will act as the true competitor of the Redmi Note 11 Pro 5G.

Because the new Nord is anticipated to arrive with some compelling features for the first time on an affordable OnePlus-branded smartphone. First and foremost, it will have the same Qualcomm Snapdragon 695 chipset as the Redmi device.

Further, it will ship with Android 12-based OxygenOS 12 instead of MIUI 13 based on Android 11 like the Redmi. However, though it will have an identical 5,000mAh battery, it will only support 33W fast charging.

OnePlus Nord CE 5G Blue Void Featured B
OnePlus Nord CE

Another con is that there will be no ultra-wide camera on the OnePlus. It will feature a 64MP triple camera setup comprising two useless 2MP sensors and a 16MP selfie camera.

Finally, it will sport a 6.59-inch ‘fluid’ (high refresh rate) display with an FHD resolution. The type of panel is a mystery for now. Hence, we cannot rule out the possibility of LCD though the vanilla OnePlus Nord CE 2 is said to come with an AMOLED screen.

When you compare the raw specs of the Redmi Note 11 Pro and the OnePlus Nord 2 CE, the former is definitely better. But there’s more to a product than its specifications.

 

Brand power plays a key role

Unlike Redmi, OnePlus is considered a reputed brand by the general public in most markets. Because the former is still associated with affordable smartphones. On the other hand, the latter started its journey as a flagship killer and made a name for itself in the premium segment, especially in India.

OnePlus Logo 2020 Featured

And above all, OnePlus’ marketing prowess is much better than Xiaomi. This has helped OnePlus to increase its market share with mid-range Nord handsets even though there are phones with better specs in the same price bracket.

Contemplating all these facts, we think that the OnePlus Nord CE 2 Lite will be the true competitor of the Redmi Note 11 Pro 5G whenever it releases.

Having said that, this is just an opinion from our end. What are your thoughts on these two devices? Do let us know in the comment section below.

 

 

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[Update] Realme 9 5G specifications appear through user manual leak

Update: A tipster has revealed that the device could be equipped with the Dimensity 810 chipset. To recollect, the Realme 8 5G featured the Dimensity 700 SoC.

Original story continues…

The Realme phone with RMX3388 model number that has been certified by BIS, EEC, and FCC certification sites is believed to debut as the Realme 9 5G in different markets.  The images of the phone that appeared through the FCC certification revealed it could be almost identical to the Realme 8 5G from last year. The user manual of the phone (via) had also appeared in the FCC documents. It appears that it went unnoticed by most publications that reported about its FCC certification.

Alleged Realme 9 5G specifications

The user manual of the Realme RMX3388 shows that the device has 162.5 x 74.8 x 8.5mm dimensions. It features a 6.5-inch punch-hole display and it is backed by a 5,000mAh battery.

The front side of the RMX3388 has a 16-megapixel camera. Its rear-facing camera unit has a 48-megapixel main camera and a pair of 2-megapixel lenses. The RMX3388 supports n1, n3, n5, n7, n8, n20, n28, n38, n40, n41, n77, and n78 5G bands, dual-band Wi-Fi, Bluetooth, and NFC. The rest of the specs of the RMX3388 are under the wraps.

Shown above are some of the images of the Realme RMX3388 that were spotted in the FCC documents. The images have revealed that it is equipped with a side-facing fingerprint scanner, a 3.5mm audio jack, and a USB-C port. The FCC certification has also revealed that it may ship with an 18W charger.

The above-mentioned specs and design of the Realme RMX3388 resemble with last year’s Realme 8 5G which has an RMX3241 model number. Here’s what the FCC document say about the RMX3388, “Except the model name, and FCC ID number change, the EUT [equipment under testing] are electronically/ electrically identical to the original equipment (probably RMX3241) and that the original test results continue to be representative of and applicable to it.”

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Samsung Galaxy A53 5G NBTC, FCC certified, launch seems imminent

Samsung will be launching the Galaxy S22 series of flagship phones in the coming week. Reports have claimed a couple of new A-series of smartphones such as Galaxy A73, Galaxy A53, and Galaxy A53 are likely to go official by the end of this month or in March in multiple markets. Ahead of the expected launch, the Galaxy A53 has now been spotted at NBTC and FCC certification platforms (via).

The Samsung Galaxy A53 5G with SM-A536E/DS (dual SIM) model number has been spotted at the NBTC certification site. The SM-A536E/DS and SM-A536E (single SIM) variants have appeared at FCC. The FCC listing reveals that the device may ship with a 25W charger. It also reveals that the device is equipped with connectivity features such as 5G, Wi-Fi 802.11ac, Bluetooth, and NFC.

The Galaxy A53 5G was spotted at the Bluetooth SIG certification last week. The handset was spotted at China’s TENAA certification last month through which its entire specifications were revealed.

Samsung Galaxy A53 5G specifications (rumored)

The Galaxy A53 5G has a 6.46-inch AMOLED display that offers a Full HD+ resolution. Probably, it carries support for a high refresh rate. It is speculated to be equipped with the Exynos 1200 chipset. The handset appeared with 8 GB of RAM and 128 GB / 256 GB storage in TENAA’s database.

Samsung Galxay A53 5G TENAA
Samsung Galxay A53 5G TENAA listing

The device seems to house a 5,000mAh battery. Probably, it will carry support for 25W fast charging. It Is likely to run on Android 12 OS and the latest One UI 4.x. For selfies, it may feature a front camera of 32-megapixel and a 64-megapixel + 12-megapixel + 5-megapixel + 5-megapixel quad-camera unit.

The handset is speculated to arrive in configurations such as 6 GB RAM + 128 GB storage and 6 GB RAM + 256 GB storage in some markets. It will come in four colors such as black, white, blue, and orange.

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Samsung Galaxy S21 FE is already $100 off in the US

Samsung launched the Galaxy S21 FE last month. The smartphone debuted at $699.99 in the US. Within a few days from its release, the handset is already discounted in the country. Let’s check out how much it costs now in the region.

Samsung Galaxy S21 FE Lavender
Samsung Galaxy S21 FE

According to XDA Developers, Amazon is offering a $100 discount on the base variant of the Galaxy S21 FE with 6GB RAM and 128GB storage. Hence, its price comes down to $599.99.

With the new price tag, the successor of Galaxy S0 FE now competes directly with the Pixel 6 (8GB + 128GB) as it also costs the same. However, the latest value for money flagship smartphone from Google is currently unavailable on Amazon.

It is worth noting that the $100 discount offered by Amazon is also applicable to the higher 8GB + 256G variant of Galaxy S21 FE. Therefore, it now costs $669.99 instead of $769.99.

Having said that, it is not known how long this deal will be on the offer. Hence, make use of it while you can. The phone can be availed in all four standard colors, namely Graphite, White, Lavender, and Olive. 

Since the Navy colorway is exclusive to Best Buy, it’s being sold at the original price. However, buyers get a $200 discount if they upgrade their existing line or add a new line with their carrier.

 

 

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India sees 11% growth in smartphone shipments in 2021; Xiaomi leads with 24% share

Smartphone shipments in the Indian market have witnessed a growth of 11 percent year-on-year in the year 2021, despite several issues hitting the smartphone industry, ranging from a shortage of components to supply chain disruption.

The latest report from Counterpoint Research adds that the country saw shipments of 169 million units in 2021. However, the shipments in the fourth quarter (i.e. Q4 2021) witnessed a decline of 8 percent.

India Smartphone Market Share 2021

Chinese brand Xiaomi managed to retain its position at the top, covering a 24 percent market share. Unlike previous years, the company’s growth was quite limited to just 2 percent year-on-year.

The good news for Xioami is that the company managed to get more share in the premium segment this time, witnessing a massive growth of 258 percent. It’s noteworthy that the report considers devices priced above ₹30,000 as premium phones.

South Korean giant Samsung came in second with a market share of 18 percent while Vivo took the third spot as the company managed to capture about 15 percent of the market share, followed by Vivo’s sister companies Realme and OPPO with 14 percent and 10 percent market share respectively.

Talking about the 5G smartphones, Samsung emerges as the leading brand in the Indian market in Q4 2021. The South Korean giant also led in the mid-range segment with a 28 percent market share. The brand also managed to grow its share by triple digits in the foldable smartphones category.

Apple emerged as the fastest-growing smartphone brand in 2021 with 108 percent year-on-year growth. It led the premium segment in India with a massive 44 percent market share and the brand is now getting aggressive in the country, which could further help cement its position in the premium category.

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Samsung Galaxy S22 series US pricing leaks ahead of launch in a few days

Samsung’s upcoming Galaxy S22-series flagship smartphones have been leaked numerous times and with just a few days more for the official launch, some key details about the lineup are now surfacing online.

In a new leak, the pricing details for the upcoming Samsung Galaxy S22 series flagship smartphones for the United States market have surfaced.

Samsung Galaxy S22 series
Samsung Galaxy S22 series

The new report coming from Jon Prosser of Front Page Tech reveals that the Samsung Galaxy S22 will have a starting price of $799 while the Galaxy S22 Plus will start at $999. The top-end model in the lineup, the Galaxy S22 Ultra, will reportedly carry a starting price of $1,199 in the United States.

This newly leaked pricing is essentially in line with the pricing of the last year’s Galaxy S21 series smartphones. It also contradicts previous reports about Samsung slightly increasing pricing of the upcoming phones.

If this turns out to be true, then it seems like a good move from the South Korean giant as it faces a lot of competition in the premium smartphone market from the likes of the Apple iPhone 13 series and the Google Pixel 6 series.

In the Asian market, Samsung will be competing against the likes of the Xiaomi 12 series of flagship smartphones, along with the likes of the OnePlus 10 Pro and premium devices coming from brands like Realme and OPPO, among others.

Apart from the pricing leak, some details about the phone’s availability have also surfaced online. It is said that after being available for pre-order from 9th February, the S22 Ultra will start shipping from 25th February while the S22 and S22 Plus will go on sale a bit later, around 11th March.

To know for sure what the South Korean giant has planned for the next-generation Galaxy S-series lineup, we will have to wait for the official Galaxy Unpacked launch event, which is scheduled for 9th February.

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Nokia G21 spotted with Unisoc chipset at Geekbench

Nokia is reportedly working on the Nokia G21 smartphone. As the name goes, the device will be succeeding the Nokia G20 from last year. The device has paid a visit to Geekbench benchmarking site (via) through which its key details have been revealed.

Nokia-G21-Geekbench

The Nokia G21 Geekbench listing reveals that it is powered by a Unisoc processor that offers a base frequency of 1.61GHz. This indicates that the device could be powered by the Unisoc T606 chipset. The SoC is accompanied by 4 GB of RAM, and it runs on Android 11. It has scored 312 and 1157 points in the single-core and multi-core tests of Geekbench, respectively.

Nokia G21 specifications (rumored)

Reports have revealed that the Nokia G21 will be sporting an IPS LCD panel of 6.5 inches. The images of the phone that have appeared through its FCC certification revealed that it will be equipped with a teardrop notch display. The screen is expected to carry support for an HD+ resolution and a 20:9 aspect ratio.

Nokia G20
Nokia G20

For selfies and video calls, it may feature an 8-megapixel selfie camera. The rear camera system of the phone may feature a 50-megapixel primary camera and a pair of 2-megapixel lenses. The device will be packed with a 5,000mAh battery with 18W fast charging support.

The Nokia G21 is likely to arrive with up to 4 GB of RAM and up to 128 GB of built-in storage. Like other Nokia phones, it will run on the stock version of Android. There is no word on the pricing of the device. A recent leak claimed that the device may go official as early as this month in India. The G21 may come in colors like black and dusk.

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HMD Global introduces protection plans and extended warranty for Nokia smartphones

HMD Global, the company behind the Nokia smartphones, has announced new protection plans and extended warranty for its devices. With this move, the Finnish company is offering an option for those customers who are concerned about their device’s longevity.

The newly introduced extended warry for the Nokia smartphones is priced at $10 in the United States and offers an additional 12 months of warranty following the device’s original warranty period, covering mechanical and electrical failures.

Nokia Logo

The company has also introduced protection plans, which are useful for those customers whose smartphones are prone to accidental or liquid damage. HMD Global has introduced two different protection plans.

While one plan is for the 14-month duration, the other plan is offering protection for 24 months. As for the pricing, the cost of these new protection plans for the Nokia smartphones starts at $19.

As for the coverage for the protection plan, the company lists out the following:

  • Damage due to negligence, gross misconduct, or normal wear and tear
  • Cosmetic damages (dent on outer body damage, stripping of color, scratches, etc.)
  • Software issues beyond the Manufacturer’s Limited Warranty, malware, and damages to accessories
  • Theft or loss of the device
  • Damage or loss of insured equipment following a fire.

Interestingly, the protection plan also comes with an extended warranty for the device, which usually costs $10. The newly announced services from the company are only available for the new Nokia devices and the service must be activated within 30 days of purchase for protection plans and within 90 days for an extended warranty.

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Vivo T1 promo video released, design revealed from all angles

Vivo T1 5G is all set to debut on Feb. 9 in India. Vivo has released a teaser video of the T1 to showcase its key features and design from all angles.

The Vivo T1 5G promo video has revealed that it will be sporting a teardrop notch display. The side bezels and the chin of the device are quite thin. The gradient-coloured rear shell of the device has a triple camera unit with an LED flash.

The device seems to feature a side-facing fingerprint scanner. its bottom edge features a 3.5mm audio jack, a USB-C, a microphone, and a speaker grille. The appearance of the device is similar to the Vivo Y75 5G, which debuted in the previous week in India.

The specs of the T1 are not known yet. However, a recent report revealed that it will be driven by the Snapdragon 695 mobile platform. The T1 will be arriving with a sub-Rs 20,000 (~$268). With an AnTuTu score of 400K+, it is likely to be the fastest smartphone in its price segment. There is a possibility that the T1 may borrow most of its specs from the Y75, which was introduced with a pricing of Rs 21,990 (~$294).

Vivo Y75 5G
Vivo Y75 5G

The Y75 has a 6.58-inch IPS LCD FHD+ 60Hz display, Dimensity 700 chipset, 8 GB of RAM, 128 GB of storage, and a 5,000mAh battery with 18W charging. It has a 16-megapixel front camera, and a 50-megapixel (main) + 2-megapixel (depth) + 2-megapixel (macro) triple camera unit. The device offers other features like Android 11 and a side-facing fingerprint scanner.

As it is known, the upcoming T-series phones from the brand will be available for purchase exclusively through online channels. The T1 will be sold through Flipkart.

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POCO X4 Pro 5G with 2201116PG model number spotted once again

A Xiaomi handset with a 2201116PG model number has been spotted a couple of times. This model was recently spotted at a Malaysian certification site and at FCC. Its Indian variant has been spotted 2201116PI model number. DealnTech has come across the TDRA certification database listing of the device. The listing reveals that the device may launch with the POCO X4 Pro 5G moniker.

POCO X4 Pro 5G TDRA
POCO X4 Pro 5G TDRA listing

The 2201116PG (global edition) and 2201116PI (Indian edition) models were spotted first at the IMEI database back in November 2021. At that time, it was speculated that these models may debut as a POCO X4 series handset.

Let’s talk about the Redmi Note 11 Pro 5G which debuted in global markets to know what to expect from 2201116PG/I POCO smartphone. It is known that the Redmi Note 11 Pro 5G has 2201116SG and 2201116SR model numbers. The 2201116SC and 2201116SI are the respective model numbers of its Chinese and Indian variants. However, their monikers for Chinese and Indian markets are not known yet.

Redmi Note 11 Pro 5G global edition
Redmi Note 11 Pro 5G global edition

It was reported by Xiaomiui back in December 2021 that the 2201116PI / 2201116PG POCO phones will be identical to the Redmi Note 11 Pro 5G. It can be now said based on TDRA listing that the 2201116PG could be heading to global markets with the POCO X4 Pro 5G name.

POCO X4 Pro 5G specifications (rumored)

The POCO X4 Pro 5G is likely to feature a 6.67-inch AMOLED FHD+ 120Hz display, Snapdragon 695 chipset, up to 8 GB of LPDDR4x RAM, up to 128 GB of UFS 2.1 storage, Android 11 with MIUI 13, and a 5,000mAh battery that supports 67W fast charging. It has a 16-megapixel front camera, a 108-megapixel (main) + 8-megapixel (ultrawide) + 2-megapixel (macro) triple camera unit, side-facing fingerprint scanner, and stereo speakers.

What’s confusing is that the 220111P6G was recently spotted with the POCO X4 5G moniker at Malaysia’s SIRIM certification site. Hence, it is advisable to wait for more reports to know the final marketing name of the 220111P6G. Nevertheless, the handset is expected to launch as early as this month in global and Indian markets.

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OnePlus 10 Pro vs Huawei P50 Pro: Specs Comparison

A lot of people probably did not expect it, but Huawei came back to the European market with two new flagships: the Huawei P50 Pro and the foldable P50 Pocket. The prohibition to use Google Mobile Services and 5G components did not prevent Huawei from launching another generation of flagships in the Old Continent; the Huawei P50 Pro is the most advanced one in terms of specifications and it has nothing to envy to the most expensive flagships out there, if we exclude the 5G connectivity. That is the reason why we decided to compare it to the most powerful Chinese flagship released in 2022 until now: the OnePlus 10 Pro. Here you will find the main differences between these handsets as well as their pros and cons.

OnePlus 10 Pro vs Huawei P50 Pro

OnePlus 10 Pro Huawei P50 Pro
DIMENSIONS AND WEIGHT 163 x 73.9 x 8.6 mm,
200.5 g
158.8 x 72.8 x 8.5 mm,
195 g
DISPLAY 6.7 inches, 1440 x 3216 pixels (Quad HD+), AMOLED 6.6 inches, 1228 x 2700 pixels (Full HD+), OLED
PROCESSOR Qualcomm Snapdragon 8 Gen 1, octa-core 3 GHz Huawei Hisilicon Kirin 9000, octa-core 3.13 GHz or Qualcomm Snapdragon 888, octa-core 2.84 GHz
MEMORY 8 GB RAM, 128 GB – 8 GB RAM, 256 GB – 8 GB RAM, 256 GB – 12 GB RAM, 512 GB 8 GB RAM, 128 GB – 8 GB RAM, 256 GB –  8 GB RAM, 512 GB –  12 GB RAM, 512 GB
SOFTWARE Android 12, ColorOS HarmonyOS 2.0 / EMUI
CONNECTIVITY Wi-Fi 802.11 a/b/g/n/ac/6, Bluetooth 5.2, GPS Wi-Fi 802.11 a/b/g/n/ac/6, Bluetooth 5.2, GPS
CAMERA Triple 48 + 8 + 50 MP, f/1.8 + f/2.4 + f/2.2
32 MP f/2.2 front camera
Quad 50 + 64 + 13 + 40 MP, f/1.8 + f/3.5 + f/2.2 + f/1.6
13 MP f/2.4 front camera
BATTERY 5000 mAh, fast charging 80W, fast wireless charging 50W 4360 mAh, Fast Charging 66W, fast wireless charging 50W
ADDITIONAL FEATURES 5G, dual SIM, reverse wireless charging Optional dual SIM, IP68 waterproof

Design

With its circular camera modules, the Huawei P50 Pro has a very original design if compared to the concurrency. Further, it is very attractive because its curved screen at the sides comes with a higher screen to body ratio than OnePlus 10 Pro. It is even a more compact device thanks to its slightly smaller display and its incredibly narrow bezels. Both the phones are made with a glass back and an aluminum frame, but the Huawei P50 Pro adds the IP68 certification which makes it waterproof and dustproof, while there is no certification against water and dust for the OnePlus flagship.

 

Display

If you are looking for the most advanced display, then you should go for the OnePlus 10 Pro without thinking twice. It has an AMOLED panel with the new LTPO 2.0 technology enabling an adaptive refresh rate from 1 to 120 Hz and very low energy consumption. It is able to show up to one billion colors and it sports a higher Quad HD+ resolution with 1440 x 3216 pixels, as well as the HDR10+ certification. The Huawei P50 Pro has an OLED display with one billion colors as well, but it lacks an adaptive refresh rate and it comes with the Full HD+ resolution of 1228 x 2700 pixels. That is the reason why OnePlus provides a better display. Both the phones pack stereo speakers and an in-display fingerprint scanner.

 

Specs & Software

The OnePlus 10 Pro is the winner even when it comes to the hardware department. Even if we exclude the absence of the 5G connectivity on the Huawei flagship, the OP10 Pro remains a superior phone because it has a better chipset: the octa-core Snapdragon 8 Gen 1 mobile platform running at a max frequency of 3 GHz. Depending on the market, the Huawei P50 Pro offers either the Kirin 9000 mobile platform or the Snapdragon 888, both 2021 flagship chipset inferior to the Snapdragon 8 Gen 1. The only advantage of the Huawei P50 Pro is the storage as it provides up to 512 GB and an expansion slot for nano memory cards. On the global market, the Huawei P50 Pro lacks the Google Mobile Services including the Play Store, replaced by the Huawei Mobile Services.

 

Camera

Are you looking for the best camera? Then the Huawei P50 Pro is the best device for you and even DxOMark agrees on this after defining it the best Android flagship for mobile photography. It sports a 50 MP main sensor with laser autofocus and OIS, a 64 MP periscope sensor with 3.5x optical zoom and OIS, a 13 MP ultrawide camera and a 40 MP monochromatic sensor. However, the OnePlus 10 Pro still comes with great cameras and it includes a better 50 MP ultrawide sensor.

 

Battery

The battery of the OnePlus 10 Pro is bigger and its display is more efficient, this means that it will offer a longer battery life in most of the scenarios. It features faster charging with a power of 80W, but given that the Huawei P50 Pro has a smaller battery, it will be likely faster to reach the 100%.

 

Price

Huawei P50 Pro is priced at €1199/$1065 globally, while the OnePlus 10 Pro starts from €650/$732 and it is still not available in the global market. Unless you need the best camera out there, the OnePlus 10 Pro can be considered a superior device.

 

OnePlus 10 Pro vs Huawei P50 Pro: PRO and CONS

OnePlus 10 Pro

PRO

  • 5G
  • Better display
  • Superior hardware
  • Google Mobile Services
  • Bigger battery

CONS

  • Not waterproof

 

Huawei P50 Pro

PRO

  • Good price
  • Waterproof
  • Amazing cameras
  • Expandable storage

CONS

  • No 5G

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Ericsson goes after Apple’s Brazilian resellers as cellular patent feud escalates

Back in December 2021, Apple filed a lawsuit against Ericsson accusing it of unfair and strong-arm tactics in cellular patent licensing negotiations. In retaliation, Ericsson has filed a patent infringement litigation against the Cupertino giant and is now targeting its Brazilian redistributor.

Last year, Apple had some of its Standards-Essential Patents (SEPs) expire which are owned by Ericsson. The company did not renew them and instead tried to negotiate with Ericsson for a better deal. However, talks fell apart and Ericsson filed a lawsuit accusing Apple of bad faith negotiations and patent infringement. Apple responded with a lawsuit of their own accusing Ericsson of unfair and strong-arm tactics in cellular patent licensing negotiations.

For those unaware, Standards-Essential Patent (SEPs) are patents without which, in the case of smartphones, a manufacturer cannot make a device. There is a global agreement that licenses for these patents must be available on FRAND terms: fair, reasonable, and non-discriminatory.

Since then, the legal battle over the patents has continued to escalate as Ericsson is now going after the Cupertino giant’s Brazillian wholesaler Allied Tecnologia SA in order to make pressure on Apple by cutting off their Brazillian supply chain.

A Foss Patents report on the matter reads “Ericsson keeps up the pressure on Apple. A filing made by Apple in the Eastern District of Texas on Monday (January 31) mentions that “[i]n Brazil […], in addition to targeting Apple in a previous injunction request, Ericsson […] filed for a second preliminary injunction on January 17 against Allied Tecnologia S.A., based on Ericsson’s claimed 4G cellular SEPs and merely because Allied resells Apple cellular products.” Apple is now intervening to protect its wholesaler.

Ericsson’s tactic to go after resellers is the same one that Apple used back in 2012 as part of its own patent infringement claims against Samsung.

Apple has also escalated the matter and is trying to invalidate ten patents held by Ericsson.

 

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(via)

Vivo T1 5G scores 400,000+ points on AnTuTu benchmarks

Vivo has scheduled to launch the Vivo T1 5G smartphone on February 9 in India. This would be the first T-series phone in the Indian market and is tipped to replace the Y-series in the future. Now, ahead of the phone’s debut, the device has appeared on AnTuTu benchmarks showing an impressive score.

The AnTuTu result was first shared by Mukul Sharma and it reveals that the device scores over 4 lakh+/400,000+ scores. The smartphone passes the AnTuTu test by an impressive 410,072 points.

The device has 122,481 and 101,345 points in the CPU and GPU departments, respectively. This impressive AnTuTu score is possible, thanks to the rumored Qualcomm Snapdragon 695 SoC, under the hood.

Apart from this, the Vivo T1 5G is already available in China. But before you start looking for its specs, do note that it won’t be the same device for the Indian market. As mentioned above, the Indian model will be powered by the Snapdragon 695 SoC and the Chinese model has Snapdragon 778G chipset.

Vivo T1 5G
Vivo T1 5G teaser

At around Rs. 20,000 ($268) price range(at which the phone is rumored to arrive) in India, the majority of phones are likely to launch with the Snapdragon 695 chipset. Having said that, Vivo seems to be segmenting the phone as per the Indian market competition by going with a different chipset.

Currently, there’s the Moto G71 5G that comes with the Snapdragon 695 SoC. Realme’s 9 Pro will also launch this month with the same chipset. The G71 5G costs Rs. 18,999(~$254) and the 9 Pro is expected to cost above Rs. 15,000(~$201) in India.

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Realme Watch S100 launch details and color variants tipped

It’s been a while since we saw a Realme Watch under the S-series. The last models in the series were the Realme Watch S and Realme Watch S Pro which launched back in December 2020. Now, MySmartPrice reveals that we might soon see a new S-series smartphone and it could be the Realme Watch S100.

The publication has learned from the noted tipster Mukul Sharma that the Realme Watch S100 could debut as early as this month in India. The smartwatch will arrive in a Black color variant.

Realme Watch S100
Realme Watch S

Now, since it will be an S-series smartwatch we expect it to come in a circular dial. As of now, there are no specifications or design details of the smartwatch. But we expect the device to emerge on some certification sites soon, followed by a release.

Realme Watch T1 Specifications 

A few months back, Realme launched the Realme Watch T1 in China. It is the company recently offering the market. The smartwatch features a 1.3-inch color touch-screen display with a 416 x 416 pixels resolution. It is an AMOLED panel with 325 PPI pixel density.

The smartwatch comes with over 50 watch faces and has stainless steel housing. It comes with features like Always On Display and up to 7 days of battery life. Heart rate tracking and Blood Oxygen monitoring are two of its health features. Apart from this, it has around 110 sports modes and is 5 ATM waterproof.  It can show calls and app alerts.

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Bajaj Auto plans to launch its first electric auto rickshaw by Q1 2023

The impressive financial incentives put in place by both the central and state governments in India in support of electric vehicle manufacturing have seen demand increase significantly for EVs. India’s biggest manufacturer of three-wheeled vehicles, Bajaj Auto has announced that it will be unveiling its first electric three-wheeler autorickshaw in the first quarter of 2023. Bajaj aims to develop a lineup that covers the cargo, small passenger, and large passenger segment, but will begin with a small passenger electric three-wheeler.Bajaj

Bajaj Auto has been testing its battery-powered three-wheelers for a few years and was close to unveiling its first electric vehicle before the coronavirus pandemic slowed its outlook and expectations. According to Rakesh Sharma, Bajaj Auto’s Executive Director, the company is getting close to the final stages of the development of the electric three-wheeler vehicle. It hopes to seek and obtain approvals from the relevant regulatory bodies by the end of 2022, paving way for the launch of the EV by the first quarter of 2023.

bajaj chetak electric featured
Bajaj Chetak Electric

Recent industry data indicate that Bajaj Auto has a 62% market share of the traditional three-wheeler market in India. Bajaj also boasts of a substantial dominance across several countries where three-wheelers are the major part of the transportation and logistics architecture. Apart from the passenger three-wheeler slated for early 2023, Bajaj plans to progressively cover the cargo, small passenger, and large passenger segments. It hopes to draw from its strong customer base to leverage the electric three-wheeler EV when it is released. Bajaj says that its extensive dealer networks will provide the needed backbone that could drive the demand for its new three-wheeler. In addition, the new three-wheeler EV will have telematics, real-time data for efficient fleet management and optimization.

Bajaj hopes to install fixed battery technology in the cars, as it feels swappable technology may not be viable at this time, with affordable cost considerations also in the mix. Subsequent models may come with swappable battery technology when there is a significant degree of saturation in the market.

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Tesla retains crown as the top EV seller in 2021, China’s BYD in second spot

US electric vehicle giant Tesla has retained its leading position as the top electric vehicle (EV) brand of 2021, as shown from recent industry data. Tesla has maintained the top position of finishing the year strongest among several EV manufacturers since 2018. Amidst claims by a popular vlogger in China that Tesla’s Model 3 had a faulty automatic emergency braking system, the company continues to have a strong showing globally.Tesla Logo

Tesla with 170,000 new registrations or purchases for December 2021, was the leader of the pack and was followed in a distant second place by Chinese carmaker BYD with 93,293 registrations. The SGMW* Joint Venture takes the last podium position with 61,306 registrations in December 2021. BYD, it should be noted, is making significant progress in its overseas operations to complement its strong China performance. Some popular brands that were also listed, even with under-par performances include Ford (500 registrations), Geely (11,348 registrations), and Porsche (10,631 registrations). Other names mentioned include Mercedes, Volkswagen, BMW, and SAIC, with several Chinese EV makers also registering a presence.TEsla BYD

Overall, Tesla had a 14% market share in 2021. This also indicated a steady decline since 2019 when it accounted for 17% of the market. On the other hand, BYD seems to be experiencing a feverish growth that saw it triple its deliveries for 2021. It is also making inroads into several overseas markets including the United States where it has laid plans for electric school buses with the capability to provide power for the school while not working. BYD is pursuing an aggressive development campaign that could see it upend Tesla in the future.

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iPhone SE 2022 with $300 price tag, iPad Air 5 & budget iPad appears in India

Last month, we reported that Apple might soon launch the iPhone SE 2022. Now, a report has surfaced stating that Apple has imported the new iPhone SE model for testing in India along with the iPad Air refresh and a new budget iPad.

According to 91mobiles, industry sources have informed that the upcoming iPhone models are imported under model numbers A2595, A2783, and A2784. The smartphone is said to be priced at around $300.

Apple iPhone SE (2020)

The report claims that this could be the iPhone SE 3. However, previous leaks have stated that Apple has delayed the SE 3 to 2023 and will likely release the iPhone SE Plus in the coming months. So we are most likely looking at the test samples of the iPhone SE Plus.

Apple
2020 iPad Air

Other than that, the report reveals two new iPad models that have entered the country for testing. The devices carrying model numbers A2588 and A2589 are believed to be the iPad Air refresh dubbed the iPad Air 5. The two model numbers hint towards WiFi-only and WiFi+Cellular models. They carry a price tag of $500-$700.

The budget iPad carrying model numbers A2757 and A2589 is priced at roughly $300.

These devices will most likely come with a higher price tag than mentioned above due to added import duties and other levies so we suggest you take these prices with a grain of salt.

So far, the upcoming iPhone SE 2022 or the SE Plus model is expected to come with a 4.7-inch Retina HD LCD display and will also feature a Home button with a fingerprint sensor embedded. It is likely to be the last Apple smartphone to come packed with an LCD display panel and a home button.

It will be powered by the Apple A15 processor along with 3GB of RAM while there could also be a Plus variant that will pack 4GB of RAM. The chipset also brings support for 5G connectivity to the phone. There will still be a 12-megapixel single camera sensor on the back with improved photography features.

Previous leaks have indicated towards an April-May launch of the iPhone SE 2022, however, judging by this recent development, Apple might launch the new iPhone in early spring.

 

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NIO delivers over 9000 EVs in January, deploys Aspen 3.0.5 update in Norway

Chinese electric vehicle manufacturer NIO has released its output figures for January 2022.  According to a press release circulated today, the company delivered 9,652 electric vehicles which reflected a 33.6% increase when compared to January 2021.

NIO SUV

The breakdown of the 9,652 deliveries shows that 1,531 ES8 were delivered in January. The company delivered 5,247 ES6 models in the same month and the EC6 coup accounted for 2,874 deliveries. The ES8 is NIO’s flagship premium smart electric SUV. It has both a six-seater and seven-seater model. The ES6 is a five-seater high-performance smart electric SUV, while the EC6 is a five-seater coupe SUV.

The Chinese electric vehicle manufacturer says the total cumulative deliveries of the three models have reached 176,722 as of the end of January 2022.

Nio EC6

Additionally, the company also deployed its first firmware over-the-air update for NIO vehicles’ smart operating systems outside China. The Aspen 3.0.5 NO is released for Norway and brings 199 new features and 401 enhancements to the smart operating system based on NIO Technology Platform 1.0 (NT1.0).

NIO has also revealed updates on its power, sales and service network. As of January 31, 2022, NIO has built 836 Power Swap stations, 3,766 Power Chargers, and 3,656 destination chargers across China. The company has also opened 55 NIO Service Centers and 180 authorized service centers in the country.

NIO is a leading Chinese manufacturer of smart Electric Vehicles. The start-up began its operations in 2014 and has continued to pursue its mission to shape a joyful lifestyle for its client in a sustainable milieu. NIO designs, develop, jointly manufactures, and sells impressive EVs that are innovative as well. Apart from the SUVs, NIO also manufactures the ET7, a premium electric sedan that was unveiled in January 2021.

 

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Upcoming Smartphones in February 2022: Samsung, Oppo, Redmi, Black Shark & more

Last month, we listed a total of 11 smartphones that were expected to launch in January. This month, we’re expected to see a total of 16 smartphones getting launched from brands like Samsung, Oppo, Realme, Redmi, Nubia, Lenovo, and others. One of the much-anticipated phones to launch this month will be the flagship Samsung Galaxy S22. There are also many gaming phones that are lined up to launch after the Chinese Spring festival. Let’s take a look at the entire list of upcoming smartphones in February 2022.

1. Oppo Reno7

Oppo has already launched the Reno7 series in China last year but now it is slated to land in India. The Reno7 series will launch on February 4 in India and will comprise of Reno7 and Reno7 Pro 5G.

Reno7 and Reno7 Pro
Reno7 and Reno7 Pro

The Reno7 for India will have different specs as compared to the Chinese model. It is touted to be a rebranded Reno7 SE. That being said, it will come with a 6.43-inch FHD+ AMOLED display with a 90Hz refresh rate. It is expected to have a 48MP + 2MP + 2MP triple rear camera system and a 16MP selfie snapper. It will be powered by the MediaTek Dimensity 900 SoC paired with 8GB RAM and 128GB of storage. It will pack a 4,500mAh battery with 33W fast charging support.

On the other hand, the Reno7 Pro 5G will have a 6.55-inch 90Hz FHD+ AMOLED screen. It is expected to come with a 50MP + 8MP + 2MP triple cameras and a 32MP selfie snapper. It will be powered by the Dimensity 1200 MAX SoC paired with 12GB  RAM and 256GB storage. Just like the vanilla, it will pack a 4,500mAh battery but have a 65W fast charging support.

The series is expected to start at around Rs. 29,990(~$401) in India.

2. Infinix Zero 5G 

[Update: Infinix has now scheduled the launch for February 14 in India.]

 

Infinix is all set to launch its Zero 5G smartphone on February 8 in India. The smartphone will bring Dimensity 900 SoC to the table and have a faster LPDDR5 RAMand UFS 3.1 internal storage. The smartphone is rumored to come with a 6.67-inch FHD+ AMOLED screen with a 120Hz refresh rate.

It is said to pack a 5,000mAh battery and have 33W fast charging support. It will come with 13 5G bands. The Zero 5G was recently spotted in Orange and Black colors and is expected to arrive at around Rs. 20,000(~$268).

3. Redmi Note 11 and Note 11S

Xiaomi’s Redmi will take wraps off its Note 11 series on February 9 in India. The Indian region is expected to get the Note 11 and Note 11S in the market.

Redmi Note 11

As of now, there is no specs leak of the phones but rumors suggest that these variants will be the same as the global models. Having said that, the duo is expected to have a 6.43-inch 90Hz AMOLED display with an FHD+ resolution. The Note 11 will feature a quad-camera system with a 50MP + 8MP + 2MP + 2MP setup, while the Note 11S is expected to have a 108MP main lens and the same auxiliary sensors.

The Note 11S will be powered by the MediaTek Helio G96 SoC, whereas, the Note 11 will be powered by the Qualcomm Snapdragon 680 chipset. The series will have a 5,000mAh battery and support 33W fast charging technology. It is expected to have LPDDR4x RAM and UFS 2.2 storage. MIUI 13 on top of Android 11 is expected to run on the phones. The Note 11 is rumored to start at either Rs. 13,999(~$187) or Rs. 14,499(~$194), while the Note 11S is expected to cost Rs. 16,999(~$227) or Rs. 17,499(~$234).

4. Vivo T1 5G

Vivo has scheduled to launch the Vivo T1 5G on February 9 in India. Rumors are rife that the new T series is the new value for money series for the online market. Some of its specs were tipped recently and notably it won’t be the same model as the Chinese version.

Vivo T1 5G
Vivo T1 5G teaser

The Vivo T1 5G for India is said to come with a Snapdragon 695 SoC. To recall, the Chinese version has Snapdragon 778G. Other specs of the phone are unknown at the moment. But, it may come with a high refresh rate screen, a big battery, and fast charging support. The device is expected to have good cameras in the segment. All this would cost under Rs. 20,999(~$268), as per a recent report.

5. Samsung Galaxy S22 

Samsung’s Galaxy S22 launch has to be one of the most anticipated launches this month. Samsung has set a launch date for Unpacked and it’s happening on February 9.

The series will have S22, S22+, and S22 Ultra and as expected, most of the specs have already been leaked. The S22 and S22+ will sport an FHD+ Dynamic AMOLED 2X panels. The screen size will differ i.e 6.1-inch for the former and 6.6-inch for the latter. The Ultra, on the other hand, will have a QHD+ LTPO AMOLED panel. The trio will have a 120Hz refresh rate.

The S22 and S22+ feature a 12MP UW + 50MP W + 10MP telephoto triple rear cameras. The Ultra will have a 108MP W+ 10MP telephoto+ 10MP periscope + 12MP UW quad rear camera setup. The series will be powered by the Exynos 2200 and Snapdragon 8 Gen 1 SoC, depending on the region.

The S22 will pack the smallest battery out of the bunch i.e 3,700mAh. The S22+ will pack a 4,500mAh, while the S22 Ultra will have a 5,000mAh battery. The Ultra and Plus will feature a 45W fast charging support. On the other hand, will have a 25W fast charging speed. The series is expected to start at $899.

6. Realme 9 Pro series 

This time around, Realme is prepping to launch a feature-packed budget phone series in the European and Indian markets. The Realme 9 Pro and 9 Pro+ are scheduled to launch on February 15 in Europe and are expected to launch on February 16 in India.

 

The Realme 9 Pro will sport a 6.59-inch FHD+ AMOLED screen with a 120Hz refresh rate. The 9 Pro+ will have a slightly smaller 6.43-inch 90Hz AMOLED screen. But, the display on the 9 Pro+ will double up as an in-display fingerprint scanner. The vanilla 9 Pro will have a side-mounted fingerprint scanner.

As for the cameras, the 9 Pro gets a 64MP + 8MP + 2MP triple rear camera system, whereas, the 9 Pro+ will have a 50MP triple camera system. The vanilla Pro will be powered by the Snapdragon 695 SoC, while the Pro+ will be fueled by the Dimensity 920 chipset. The series will have up to 8GB of RAM and 128GB of internal storage. The Realme 9 Pro series is tipped to start above Rs. 15,000(~$201) in India.

7. Moto Edge 30 Pro 

A new report reveals that Motorola may bring the Edge X30 in the Indian and Global markets as the Moto Edge 30 Pro. However, there’s no launch date as of now.

Moto Edge 30 Pro
Image via 91mobiles

The Edge 30 Pro is expected to come with a 6.7-inch OLED FHD+ panel with a 144Hz refresh rate. The screen will double up as an in-display fingerprint scanner. It will be a flagship phone that would be powered by the Snapdragon 8 Gen 1 SoC. It will have up to 12GB of LPDDR5 RAM and 256GB of UFS 3.1 internal storage. The device is expected to pack a 5,000mAh battery and have 68W fast charging support.

At the moment, there’s no detail regarding its pricing.

8. iQOO 9

Last month, iQOO launched the iQOO 9 series in China, and this month, it is expected to launch in India. The Indian models have passed several certifications hinting at a sooner launch, as early as this month.

iQOO 9 and iQOO 9 Pro India varaints
iQOO 9 and iQOO 9 Pro India varaints

iQOO itself has revealed that the iQOO 9 and 9 Pro will be different for India. The iQOO 8 Chinese model will actually be the iQOO 9 and the iQOO 9 Pro could be the Chinese iQOO 9. Having said that, the Pro will have a Snapdragon 8 Gen 1, under the hood and the vanilla model will be powered by the Snapdragon 888+ SoC.

The series will have an AMOLED display with a 120Hz refresh rate. The Pro will have a QHD+ screen and the vanilla will flaunt an FHD+ display. The iQOO 9 Pro will have a 50MP + 50MP + 16MP triple rear camera setup, while the vanilla will feature a 48MP + 12MP + 13MP triple rear array. There are no India price details as of now but we expect it to start at around Rs. 40,000(~$535) in India considering the competition.

9. Realme GT2 

Realme has already launched the GT2 series in the Chinese market. Now, it is expected to launch in Indian and global markets.

Realme GT2

The Realme GT2 and GT2 Pro will most likely have the same specs as the Chinese models. The GT comes powered by the Snapdragon 888 SoC, whereas, the GT2 Pro has Snapdragon 8 Gen 1 SoC. The Pro model has a 6.7-inch QHD+ LTPO AMOLED display and the vanilla sports a 6.62-inch FHD+ AMOLED screen. The duo has a 120Hz refresh rate.

The GT2 Pro has a 50MP + 50MP + a microscope lens, while the vanilla has a 50MP + ultra-wide + macro triple rear camera system. The duo packs a 5,000mAh battery with 65W fast charging support.

10. Redmi K50 

Redmi is expected to launch the Redmi K50 series of phones after the Spring festival this month.

Redmi K50 Pro
Redmi K50 Pro render

The series will consist of Redmi K50, K50 Pro, K50 Pro+, and K50 Gaming Edition. The former model is expected to come powered by the Dimensity 700 SoC, while the Pro model is said to have the Snapdragon 870 SoC. The K50 Pro+ will get a better Snapdragon 8 Gen 1 SoC and lastly the K50 Gaming Edition will have the new Dimensity 9000 SoC.

The series will come with up to 120W fast charging support. It will run on MIUI 13 out of the box. Initially, the series will be only released in China and is expected to launch later in the global and Indian markets.

11. Nubia Red Magic 7

Several reports have revealed that the Red Magic 7 will debut this month in China. It will be a gaming phone powered by the Snapdragon 8 Gen 1 SoC. It will feature a 6.8-inch FHD+ display with a 165Hz refresh rate. It will have a 64MP triple camera system and an 8MP selfie snapper.

RedMagic 7 Featured

The device was spotted with 18GB of RAM and a battery that has 165W fast charging support. As of now, the details of the Red Magic 7 are scarce but we are expecting to hear more in the coming days.

12. Black Shark 5

Another gaming phone likely to release in February is the Black Shark 5. The series will have two models — Black Shark 5 and Black Shark 5 Pro. The series will have an AMOLED panel with a 120Hz refresh rate on the vanilla and a 144Hz refresh rate on the Pro. The Pro will have a QHD+ resolution, while the vanilla model will boast an FHD+ display.

The Pro will evidently have the latest Snapdragon 8 Gen 1 SoC, whereas, the vanill model will have the Snapdragon 888+ chipset. There will be a 5,000mAh battery in the Pro and a 4,600mAh battery inside the vanilla. The duo will have a 120W fast charging support.

13. Lenovo Legion Y90

Last month, Lenovo scheduled the launch of the Legion Y90 for January 1, but unfortunately, it was never released. But now as per notable tipsters, the phone will debut this month after the Spring festival in China.

Lenovo Legion Y90

The Lenovo Legion Y90 will feature a 6.9-inch FHD+ display with a high refresh rate support. It will have a 64MP + 16MP dual rear camera system at the rear and a 44MP selfie snapper. Since it will be a gaming phone, it will be powered by the powerful Snapdragon 8 Gen 1 SoC. It will come with up to 16GB of RAM and 512GB of internal storage.

It will pack a 5,600mAh dual-cell battery with support for 68W fast charging technology. The device will come in various colors including Black, White, Green, Gold, Red, Cyan, Grey, and Silver. It is expected to compete with the upcoming Black Shark 5, Redmi K50 Gaming, and Red Magic 7.

14. Vivo V23e 

This month, Vivo will be launching the V23e smartphone, an addition to the V23 lineup in India. The launch date is unknown as of now but it is expected to be priced between Rs. 25,000(~$334) to Rs. 30,000(~$401) in India.

Vivo V23e

The specs of the India model are unknown but it is expected to have the same specs as the model launched in Thailand earlier. The Vivo V23e in Thailand has a 6.44-inch FHD+ display. It has a 50MP + 8MP + 2MP triple rear camera system and a 44MP selfie snapper.

It will be powered by the Dimensity 810 SoC paired with 8GB RAM and 128GB onboard storage. One of its highlights will be the 44W fast charging support for the 4,050mAh battery inside the handset.

15. Realme C31

Realme’s C31 was spotted on a few certifications confirming its launch to be sooner. The smartphone may launch this month at a budget pricing in India and other Asian markets.

Realme C31

The smartphone will be powered by a budget chipset and pack a 5,000mAh battery. It won’t have any fancy charging speeds, but rather a 10W speed. The phone will run on Android 11 OS and have Bluetooth v5.0 support.

16. Samsung Galaxy A33 5G, A53 5G

Samsung is expected to launch two new A-series phones in the market. The Galaxy A33 5G may debut this month with a 6.4-inch FHD+ AMOLED display and a 48MP quad-camera system. It will be powered by a Dimensity SoC, however, the exact chipset details are unknown at the moment.

Samsung Galaxy A33 5G

The Galaxy A53, on the other hand, will be a mid-range phone with a 6.46-inch  display. It is expected to come powered by the Exynos 1200 SoC and back a 4,680mAh rated battery, as per TENAA. It will have a 25W fast charging support and feature a 64MP triple camera system.

There’s no price information for both of these phones.

These were some of the upcoming phones launching in the month of February 2022. Which smartphone are you most excited about? Do let us know in the comments.

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India proposes 30% tax on virtual assets like crypto & NFT

Earlier this week, India had announced its plans for a digital currency that will launch next year. It even proposed taxing virtual assets like cryptocurrency and NFT, as it prepares to recognize digital currencies as a legal tender.

According to finance minister Nirmala Sitharaman (Via TechCrunch), the Indian government is proposing a 30 percent tax on income from the transfer of virtual assets. She further added that 1 percent tax should be deducted at source on payments made to purchase digital assets. Sitharaman said that “No deduction in respect of any expenditure or allowance shall be allowed while computing such income except cost of acquisition. Further, loss from transfer of digital asset cannot be set off against any other income. Gift of virtual digital asset is also proposed to be taxed at the hand of the recipient.”

 

India

The news arrives as the nation paves the way for cryptocurrencies and NFTs, although, government regulations on these assets are still uncertain. Notably, India’s central bank is planning on a new digital currency that is set to be released sometime next year. Its already began testing, which will go on for several months as the nation analyses its impact on the banking and monetary systems. Apart from just offering some clarity over taxing on digital assets, this news also showcases a rather progressive outlook from the Indian government since it is legalizing cryptoassets.

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