Advertisement

Realme among the first to launch a smartphone with Snapdragon 720G: CEO

Realme CEO, Madhav Sheth, announced on Twitter that a Realme smartphone will be among the first to feature one of Qualcomm’s latest mobile processor, dubbed the Snapdragon 720G.

The senior executive took to the popular social media website to share this information through his official Twitter account. He stated that one of its upcoming smartphones will arrive with the Snapdragon 720G which is a mid range SoC (systems on chip) which was just revealed earlier today (21sr January 2020) unveiled by Qualcomm. Madhav also shared an image in the post which showcases a smartphone with a dual selfie camera module on the front, which is likely to be in a punch hole format.

Qualcomm Snapdragon 720G is a mid range processor and arrives to fill the gap between the Snapdragon 600 series (Snapdragon 665) and the upper 700 (Snapdragon 765 series) and the flagship 800 series (Snapdragon 865). The processor will also arrive with other entry level chipsets like the Snapdragon 460 and 662 chipsets.

According to official listings, Qualcomm’s Snapdragon 720G is a processor that will aim to deliver a superior gaming experience. The new chipset features Qualcomm Snapdragon Elite Gaming functionalities and is designed to provide HDR during gameplay alongside dynamic color range and contrast and improved audio output via Qualcomm aptX Adaptive technology.

Realme is a smartphone brand that has its target audience set in the youth demographic. It heavily advertises in a similar manner with its smartphone arriving with attractive colors and lucrative pricing. Thus, it is a great move considering mobile gaming has become an increasingly popular field in the smartphone industry. Previously, MediaTek unveiled the first gaming centric chipset, the Helio G90 series, so this could be Qualcomm’s version of the same.

realme

Unfortunately, information regarding the upcoming Realme smartphone that will feature the gaming chipset is currently scarce. Madhav has only teased the upcoming smartphone and provided a small first look at its front panel. Finer details and specification are still at large, so stay tuned for information which is expected to arrive soon.

 

 

POCO India releases new teaser; Redmi K30 appears as POCO phone on BIS

New POCO phones are coming to India. The brand is now separated from Xiaomi, the parent company. Now, the first POCO phone has surfaced on the database of the Bureau of Indian Standards (BIS). Its model number is M1912G7BI. The Redmi K30 4G model that was announced in December has M1912G7BE and M1912G7BC model numbers. It is likely that M1912G7BI will be rebranded as a POCO phone in India. Meanwhile, POCO India has released the first tweet of the year 2020. It indicates that the company will be soon teasing on the arrival of its new smartphone.

Xiaomi Global VP and Managing Director for India, Manu Kumar Jain had recently said that POCO will be very soon launching its first phone of the year. It remains to be seen whether the upcoming POCO phone will be the rumoured POCO F2 Lite or POCO X2 smartphone. It is said that the POCO will launch three smartphones along with some other products in India.

The M1912G7BI smartphone has cropped up on the database of BIS. Based on the model numbers of the Redmi K30’s China variant, it can be said that the M1912G7BI could be its Indian variant. Interestingly, the M1912G7BI model number had appeared first in December on BIS as a Redmi device. However, after the establishment of POCO as a separate brand, the M1912G7BI is now listed as POCO device. Hence, M1912G7BI Redmi K30 will be coming to India as a POCO phone.

POCO M1912G7BI

It is not clear whether the M1912G7BI Redmi K30 will be debuting as POCO F2 Lite or POCO X2 smartphone in India. The reason behind it is that the Redmi K30 is a Snapdragon 730 powered handset whereas the POCO F2 Lite is said to be equipped with Snapdragon 765 and the processor of the POCO X2 is not known yet. In fact, there are doubts whether the POCO X2 phone really exists since the name has only appeared on Geekbench and it is not too difficult to create a fake listing on the benchmarking platform.

The POCO F2 Lite leak that surfaced yesterday revealed that it has a waterdrop notch screen. The Snapdragon 765 powered phone has 6 GB of RAM, 5,000mAh battery and it is preinstalled with Android 10 OS. The phone could be equipped with a 48-megapixel or higher main camera on its back. The other specs of the phone are currently under the wraps. The POCO X2 Geekbench listing had carried ‘phoenixin’ codename in the motherboard field which suggested that it could be Redmi K30’s rebranded version. The listing further revealed that it has 1.8GHz octa-core processor, 8 GB of RAM and Android 10 OS.

POCO fans will be eagerly waiting for the successor of the POCO F1. Rumors are rife that the POCO F2 could be arriving as the cheapest smartphone featuring the Snapdragon 855 or Snapdragon 855+ chipset.

 

 

 

 

 

Companies like Samsung, Corning increase investment in China

Zong Changqing, China’s Director of the Foreign Trade Department of the Ministry of Commerce, recently did an interview regarding the country’s commercial performance. He reveals a few interesting details, including that many foreign companies like SK Hynix, Corning and even Samsung have increased their investments in manufacturing in China, which is a bit of a surprise.

In manufacturing, foreign investment in electrical machinery and equipment manufacturing, and instrumentation manufacturing increased by 41.2% and 48.2%, respectively. According to the First Financial Report, Zong Changqing also stated that Samsung, SK Hynix, Corning Display, Caterpillar, Ineos, Panasonic, Exxon Mobil and other manufacturing giants have increased their investment in China by over $100 million.

The reason why it’s somewhat surprising is because a lot of companies were pulling out slightly from production in China since the whole Huawei debacle last year. The biggest example of this was Apple opening up new production plants in companies like India and Vietnam. To see the industry regain confidence in manufacturing in China could mean that things between US and China are calming down.

Along with this, in terms of attracting investment structure, China’s service industry will absorb 681.77 billion yuan of foreign capital in 2019, an increase of 12.5%. Foreign investment in information transmission, software and information technology services increased by 29.4%, and foreign investment in the leasing and business services industry increased by 20.6%.

(Source)

Top security adviser believes UK PM Johnson will defy US and allow use of Huawei

A former national security adviser to UK’s former PM Theresa May, Sir Mark Lyall Grant has stated that Boris Johnson may likely defy the US clamour and give approval to the use of Huawei technology in the UK’s new 5G network.

The former national security adviser also stated that the security services had repeatedly concluded over several years that they were able to mitigate any potential threats posed by Chinese technology.

Recall that the US had repeatedly advised the UK government and other allies about using Huawei’s 5G technology over security concerns. A US official even branded the move to use Huawei’s equipment for 5G as “madness”. Senior Washington officials have said numerous times that the Trump administration would reassess intelligence sharing with the UK in light of such a move.

UK security officials have disputed the claim and Britain have already used some Huawei technology in previous mobile networks. A final decision is expected later this month. But the dispute is seen by experts as a sign that Britain would be repeatedly asked to take a side in disputes between the US and China, Lyall Grant added. “The interesting thing about Huawei is that it is the first, but by no means the only issue on which the risk is over the next decade, we are going to be pressured to choose,” he said. “And that is a choice that on some issues the UK government is not going to want to make.”

Apart from the government, UK’s carriers are also open to using Huawei technology. Two of the major carriers Vodafone and BT were reported to have sought the government’s approval to have Huawei supply their 5G equipment.

 

(source)

Xiaomi Youpin launches training bike with 19.5-inch display for 9,999 yuan ($145)

Xiaomi Youpin has today launched a new gym/fitness related product in its home market which is YESOUL Beast 19.5-inch Smart Bike V1-PLUS. The device is priced at 9,999 yuan (~$145) and is now available for pre-order in China. It is offered in two color options — Black and White. The shipping date for this is not yet known.

Xiaomi Yesoul Smart Bike V1-PLUS

The highlight of the smart personal training device is that it comes equipped with a 19.5-inch touchscreen display which the company says is anti-sweat. The display shows live lessons as well as real-time fitness and sports data through the Yesoul app.

Along with the dynamic cycling lessons, the display also shows live lessons every morning, mid-night, and evening. Further, the company says that the lessons are not repeated everyday. Additionally, it also offers over 3,000 course which can ordered on-demand.

Xiaomi Yesoul Smart Bike V1-PLUS

Thanks to the real-time data showcase on the display, user can take feedback and understand the routine and purpose of the exercise and get tips from the coach to make further improvements.

The company says that the device, which is professionally designed, is 145cm long, 53cm wide, and 130cm high. As for the working mechanism, the V1-PLUS ditches the traditional brake pads and instead uses magnetic resistance and belt-drive system to ensure that the cycling process is as silent as possible.

 

Nubia Red Magic 5G gaming smartphone video shows wireless cast support at low latency

Today, Nubia co-founder Ni Fei has shared a new video on Chinese microblogging platform Weibo in which he claims that using the upcoming Red Magic 5G smartphone, one can wirelessly cast to a large-screen television at a very low latency.

He used the upcoming gaming smartphone to try out several games across different categories, including fighting, racing, and shooting and wirelessly cast every game to a large TV screen. The video shared on the platform shows that the mobile screen display and the TV screen display are almost in sync, without any major screen delay, which is quite impressive.

Recently, the Nubia Red Magic 5G smartphone which carries model number NX659J, bagged approval from the 3C authority in China. It reveals that the 5G-ready smartphone will come with 55W fast charger.

Since the phone has already passed through the 3C certification process, we expect the phone to soon appear on TENAA database. Given that the phone is going through necessary approvals, the launch date of the device is not far away.

The brand had recently confirmed that its next Red Magic gaming phone will be equipped with a display supports 144Hz refresh rate. Combined with the latest Qualcomm Snapdragon 865 chipset, the phone is expected to offer top-notch experience.

It is also known that the smartphone will come equipped with a triple camera setup. The predecessor, Nubia Red Magic 3S came with a 30W charger for its 5,000mAh battery and now the upcoming Red Magic 5G is expected to be packed with a 5,000mAh or higher battery that will be coupled with 55W charger.

While the launch date is not yet known, we expect the Red Magic 5G gaming smartphone to go official in the first quarter of 2020. We also expect to know more about the device in the coming weeks, as the launch nears.

(Source)

Zomato acquires UberEats India business in an all-stock deal

India’s one of the leading food delivery platform Zomato has today announced the acquisition of UberEats’ business in India in an all-stock deal. While the company has not revealed the value of this transaction, report indicates that acquisition of Uber’s food delivery business is at around $350 million.

Zomato acquires UberEats India

As a part of this deal, Uber will now get around 9.9 percent stake in Zomato. Also, UberEats, which operates in 41 cities, will now redirect its customers to Zomato. The deal comes days after Zomato raised $150 million funding from existing investor Ant Financial, valuing the company at $3 billion.

While delivery partners associated with UberEats India will on-board Zomato’s fleet, around 245 employees of UberEats will be affected by this deal as they will not be absorbed by Zomato as part of the transaction. However, it is being said that Uber is trying to find ways to absorb them within its business.

With Uber Eats, Zomato will now collectively have a 55 percent share of the food delivery market in India and compete largely with homegrown Swiggy. Zomato currently delivers to over 550 cities across the nation.

The move to sell UberEats India, which had been in works since months, is aimed at cutting losses at the ride hailing company’s food delivery business that has been a drag on the company’s earnings.

UberEats entered the Indian market in 2017 and scaled business to 41 cities with over 65,000 riders who deliver food from 26,000 restaurant partners. The company, which was once seen as a major competitor to Zomato and Swiggy, started struggling in India’s hyper-competitive market.

With the sale of the food business in India, Uber can now focus on the rides business and driving it towards profitability. Besides cutting losses in India, Uber is now taking a stake in a startup that was valued at $3 billion earlier this month.

 

Report: Vivo set to launch iQOO as a separate brand in India

It is common to see OEMs roll out a sub-brand with product offerings different from the main brand. Xiaomi had the Redmi sub-brand, Huawei still maintains the Honor sub-brand, OPPO – Realme and Vivo– iQOO. But in recent times, the brands have often spun the sub-brands to become independent brands. An exclusive report by 91mobiles has revealed that Vivo will soon hit the Indian markets with the iQOO brand as a separate entity from Vivo. That means the brand will run independently of its parent company.

Vivo iQOO 5G
Vivo iQOO 5G

This is similar to what Xiaomi did with the POCO brand recently. Xiaomi last year announced the separation of the Redmi brand from the main Mi brand. Apart from Xiaomi, other Chinese OEMs like OPPO recently announced the Realme brand has become an independent brand, all in an effort to expand the product category and grab more market shares. Redmi and Realme were initially unveiled as mid-range and budget models. But now have flagship models under their catalogues.

On its part, the iQOO brand was launched as a gaming phone brand just like Xiaomi’s Black Shark. We can’t say if as an independent brand it will still focus on gaming phones or expand its product offering. The report didn’t give details in that regard or reveal what phone model will be released under the separated iQOO brand. We wait for an official statement from Vivo.

 

 

(via)

 

Samsung Galaxy Z Flip key specifications leaked

On Feb. 11, the Galaxy Z Flip will be debuting as the second foldable phone from Samsung alongside the Galaxy S20 series. Like the Motorola Razr 2019 that was announced in November 2019, the Galaxy Z Flip is a clamshell phone that sports a foldable display. In December, the leaked shots of the device had appeared to reveal some of its design. Some of its specs have also appeared in the recent past. A new tweet by Ishan Agarwal has the key specifications of the Galaxy Z Flip.

Samsung Galaxy Z Flip specifications (Rumored)

The Galaxy Z Flip will be equipped with a 6.7-inch Dynamic AMOLED display. Leaked shots had revealed that it has an Infinity-O punch-hole on the display. The phone sports a front-facing camera of 10-megapixel.

The rear side of the Galaxy Z Flip has a dual camera setup. It is now known that its primary lens is of 12-megapixel. Previous leaks had claimed that it could be equipped with a 108-megapixel main lens. The phone will be running on One UI 2.1 based Android 10 OS. The Galaxy Z Flip will offer users with a large internal storage of 256 GB. It could be housing a 3,300mAh or 3,500mAh battery.

Samsung Galaxy Z Flip Renders

Past reports have claimed that the Galaxy Z Flip is a Snapdragon 855 powered device. It is expected to feature an ultra-thin glass (UTG) and plastic film on the display. There will be a 1-inch secondary display placed alongside the dual camera system for checking notifications. The Z Flip will carry support for 15W fast charging.

The Galaxy Z Flip will be arriving in Black and Purple color options. The purple variant will have a darker look which will give it a premium appeal. Rumors from South Korea have revealed that it could be in colors like blue, red and pink.

Galaxy Z Flip price (Rumored)

A South Korean publication had recently reported that the Galaxy Z Flip will be priced between ~$860 and ~$1300 in South Korea. The pricing leak reveals that the device will be cheaper than the Snapdragon 710 powered Motorola Razr flip phone that carries a price tag of $1,500.

In related news, Samsung is reportedly working on a new Galaxy Z foldable device with tri-folding design. No details on the specs of the phone are available at the moment. It is speculated to be packed with flagship specs and it may go official in second half of 2020.

 

 

 

 

 

(source)

Xiaomi Mi 10 will not support 65W fast charging but will have a 108MP camera

Live photos of the Xiaomi Mi 10 Pro leaked earlier today and one of the images showed the phone will have a 65W charger. A new leak has revealed the Mi 10 will come with a slower charging technology but one that still surpasses last year’s own.

According to Technology B, a Weibo account that posts details about upcoming devices, the standard Mi 10 will support 48W fast charge technology. This is slower when compared to the Mi 10 Pro’s 65W charge but faster than the Mi 9’s 30W fast charge and the Mi 9 Pro 5G’s 40W fast charge.

Xiaomi Mi 10 fast charge

While the Mi 10 will charge slower than the Mi 10 Pro, it has been reported that it will have a bigger battery capacity. The info was revealed in a leak at the beginning of the month by Digital Chat Station. According to the Weibo post, the Mi 10 will have a battery capacity of about 4800mAh while the Mi 10 Pro will have a battery capacity of about 4500mAh.

The power rating for wireless charging for both phones are still unknown but they will be faster than that of the previous generation.

Mi 10 108MP

Both phones will be powered by the Snapdragon 865 processor and will have a 108MP primary camera. It was previously reported that the Mi 10 will have a 64MP primary camera but a Weibo post by Digital Chat Station yesterday said the phone has a 108MP camera.

Other expected features include an AMOLED display with a punch hole at the top left corner, stereo speakers, and Android 10 out of the box.

 

(Sources: 1, 2)

Noise Shots NEO TWS earbuds costs ₹2499 (~$35) and lasts 18 hours

Just last week, Noise announced the Shots XO TWS earbuds that are priced at ₹5,499 (~$77). It has now followed it with another model called the NEO which sells for less than half the price of the XO.

Noise Shots NEO

The Noise Shots NEO not only have a cheaper price tag but also have a different design. The earbuds come in a glossy case that flips open like a clamshell. The earbuds themselves also have a glossy finish paired with silver or white silicone tips. It comes in Icy White and Jet Black

The earbuds each have a 9mm driver and connect via Bluetooth 5.0. They support touch inputs for volume controls, music playback, and calls. You also get support for Google Assistant and Siri.

Noise Shots NEO features

The earbuds will last 6 hours on a single charge and go up to 18 hours with the charging case which packs a 400mAh battery. There is no support for wireless charging and it charges via a Micro-USB port. These are the trade-offs when compared to the XO. However, it has an IPX5 rating making it sweat resistant and fit to be used when it rains (light rain).

[envira-gallery id=”301580″]

The Noise Shots NEO can be purchased on Amazon India. They are available for ₹2199 (~$31) for a limited time.

 

 

Chuwi Hi10 X, a classic model that got upgraded to meet today’s standards (video)

The Hi10 Series has been extremely successful for Chuwi as it includes a model for every taste and financial state. Recently, a new member joined the Series as the Chinese manufacturer launched the Hi10 X. Equipped with Intel’s Gemini Lake N4100 CPU and 9th Gen GPU combined with 6GB of RAM and 128GB of storage, the Hi10 X received a generous spec bump. There is also a 10.1″ fully-laminated FHD IPS display, high-quality full metal body, and dual USB Type-C ports. Below, you can see the unboxing video released by Chuwi last week.

 

Hi10 X size and portability

As you can see in the video, the device is very thin at just 9mm and the full-metal body combined with the 10.1″ compact display, brings the weight down to just 606g. The overall size and weight make it ideal for carrying around all day in your backpack or briefcase.

 

Benchmark Test

As we mentioned above, the device comes equipped with the Intel N4100 SoC that is manufactured using the 14nm process. It’s a 4-core/4-threads CPU accompanied by the 9th Gen UHD Graphics 600 GPU as well as 6GB of RAM and 128GB of eMMC.

In the video, you can see the benchmark tests performed. In the CPU-Z test, the N4100 CPU scores a single-thread score of 189.0 and a multi-thread score of 753.7. In the GeekBench 4 test, it scored a single-core score of 1777 and a multi-core score of 5275.

 

Office and entertainment experience

Being preloaded with Windows 10 OS, the Hi10X can run office software and deal with multitasking efficiently. It can be transformed into a laptop in just a few seconds by attaching the detachable keyboard. What’s more, the UHD Graphics 600 GPU offers plenty of graphics performance and the device decodes 4K video smoothly.

 

The most cost-effective 10.1″ around

Chuwi Hi10 X

As you can see, Hi10 X is an adequate performer and offers a good user experience. The spec upgrade was what it needed to become an up-to-date 2in1 tablet while the light full-metal body, double USB Type-C ports, and 10.1″ IPS display give every other 10.1″ Windows tablet out there, a run for their money. The Chuwi Hi10 X is currently on sale over at Banggood and Aliexpress. To learn more details and order it, visit the official product page.

Ulefone Armor X6 video demonstrates battery performance

The Ulefone Armor X6 isn’t new in the market. The super-budget rugged phone has shown up in a lot of durability test videos and today Ulefone released a new video to demonstrate the phone’s battery performance. Let’s check it out.

Featuring a low-consumption CPU and a hefty 4000mAh battery, the Armor X6 should take you through the day easily. As you can see in the video, after 2 hours of heavy use that included 30min use of each actions like phone calls, music playback, movie playback, and online gaming, the battery went down by just 11%. If we do the math, the phone can go on for more than 18 hours on a single charge! For an average user, this means about 4 days on a single charge so no worries of being out of power when you are out.

Ulefone Armor X6

Besides the big battery, the Armor X6 comes with a quad-core power-efficient SoC backed by 2GB of RAM and 16GB of storage. In addition, there is a 5″ HD display, an 8MP rear camera and a 5MP selfie shooter that is also used for face unlock, dual-SIM/dual-standby support, Android 9 Pie, etc. Its price right now is just $69.99 and you can see all the details and order it on Aliexpress. To see more Ulefone models, visit their official website.

ZTE and MTN Uganda team up to carry out first 5G trial in East Africa

Uganda may emerge as one of the first country in Africa where 5G technology will be rolled out. Already, Chinese telecommunications equipment giant ZTE has teamed up with local carrier MTN  to carry  out the first 5G network  trial in Uganda. Aside being the first 5G test run in the country, it is also the first of such test carried out in East Africa and that makes MTN the first to bring the Standalone 5G network into reality in East Africa.5G

The trial  was carried out on Friday with Uganda’s  Prime Minister Ruhakana Rugunda in attendance. The PM  stated that the  government supports the development of new technology provided it will solve people’s challenges and make life easier and affordable. He also express optimism that  technologies like 5G would have an impact on the economic development of the country.

The head of the country’s communications commission also added that they are working to ensure that there is an appropriate infrastructure that supports 5G. He also noted  that Uganda is the third country in Africa to have 5G technology after South Africa and Nigeria.

On his part, Wim Vanhelleputte, chief executive officer MTN Uganda, said 5G technology would have increased speeds and capacity with exact wireless connections but similar to fiber optic cable experience. This would enable easier wireless connections compared to running fiber optic cables to every facility or home, he added.

“In the next two to three years, we will embark on massive commercial rollo ofthe  technology,” he said, noting that advancements like telemedicine will be easier when there is real-time connection.

Yi Yahua, ZTE corporation vice president for Southern Africa, said ZTE is fully supportive to MTN Uganda’s strategy to tap into the potential of modern mobile technologies to serve this country better and move forward with 5G industrialization.

 

(source)

 

YouTuber shares photo of world’s first phone with 44MP dual selfie cameras

One of the trends we will see this year in the mobile industry is the punch hole. However, depending on the phone, the hole can be placed at the top left corner, center, or top right corner of the display. Other differences will be the size of the hole with some housing a single camera while other will have dual cameras.

Today, an unknown phone with a punch hole for dual cameras has surfaced on the web. While this is not the first device to have this a punch hole for dual selfie cameras, it is the configuration that makes it unique.

According to Tech YouTuber, Arun Maini a.k.a. Mrwhosetheboss, who shared the photo, the unnamed phone is the first in the world with 44MP dual selfie cameras.

The highest selfie camera we have seen on a phone is 32MP but a leak from last week revealed Samsung’s Galaxy S20 Ultra 5G will have a 40MP selfie camera. It seems this unnamed manufacturer doesn’t want Samsung to hold on to the title for too long.

The manufacturer and the model of the phone is unknown and so also is the camera sensor which is probably custom-made for the device. It is important to mention that Samsung did announce a 43.7MP sensor last year called the ISOCELL Slim GH1. This is the closest sensor we can think of.

There are speculations as to the manufacturer of the phone. We believe it is an OPPO phone based on that battery icon. However, the identity of the phone itself remains unknown but we are pretty sure it is not the Find X2. Reports say the Find X2 will have a single punch-hole and the display will be curved. The phone in the image has a flat display, and other than the dual selfie cameras, it looks uninteresting.

Nevertheless, do share your guesses as to the manufacturer and the model of the phone in the comment box below.

 

(Source)

Man plugs PS4 into airport monitor to play Apex Legends, is politely told to leave

A man traveling through Portland International Airport apparently had a layover long enough that he decided to play some video games. Playing games at the airport isn’t such a big deal if you’re using something like a Nintendo Switch, laptop, or smartphone. Where gaming at the airport can become a big deal is if your preferred gaming platform is a PlayStation 4.

An Apex Legends player made headlines after he decided to kill some time while waiting on a flight the old-fashioned way – by plugging his trusty PlayStation 4 into one of the airport’s many monitors and getting in some game time. Unfortunately, he discovered that one isn’t exactly allowed to do such things at an airport, to absolutely no one’s surprise.

When approached and asked “to unplug and cease using the monitors at the airport” by operations supervisors, he reportedly asked “very politely” if he could finish up his round first. That request was denied, and Port of Portland spokesperson Kama Simonds took the opportunity to use the incident as “a good reminder of what not to do at the airport.”

Simonds added that power outlets are fair game to travelers, but monitors are out of the question. She said this incident demonstrates the addictive nature of screens and urges travelers to keep their game systems in their luggage until they arrive at their final destination. She adds that it’s extremely important not to use airport information monitors to play them. “Don’t try to set them up and play them in the airport,” she says.

(Source)

Xiaomi gets approval to set up consumer finance firm in China

Xiaomi has had its eyes set on the consumer finance sector for a long time running. The sector has proven to be an important and lucrative one for the likes of Alibaba, Tencent etc. TheChina Banking and Insurance Regulatory Commission announced on Friday that it has given Xiaomi the nod to set up a consumer finance company in Chongqing, a municipality in the southwest of the country. The regulatory body gave a six-month deadline from the January 10 approval date for the entity to be established.

The consumer finance outfit has as its key shareholders Chongqing Rural Commercial Bank (CRCB), and three other Chongqing-based companies. Proposed registered capital is set at RMB 1.5 billion ($218.6 million).

Chinese media reported in November that Xiaomi would become the 28th company in the country to acquire a consumer finance license, joining Baidu, Alibaba, and many others.
Xiaomi told Chinese media that setting up the new company will help it to gain a firmer foothold in Chongqing, and it expects to expand consumer finance across the country.

Shortly before the Chinese tech giant launched its 2018 initial public offering on the Hong Kong stock exchange, it disclosed that it planned to spin off its finance business into an independent entity. The move was seen by many as a way for the financial arm go public.
Consumer finance is seen as a veritable alternative for the company considering the slow growth witnessed by its smartphone business in recent times. Xiaomi’s financial product portfolio includes consumer loans, supply chain finance, financial technology, third-party payments, online insurance, and digital banking. The Chinese company is equally eyeing lucrative financial technology markets overseas. It acquired its digital banking license in Singapore earlier this month and was said to be in talks to expand its financial product offering in India late last year.

 

(via)

ZTE top executive reveals he’s a fan of the Oppo Find Series, Excited for Find X2

Earlier today (20th January 2020), Lu Qianho, the Director of Consumer Experience Department of ZTE reposted Oppo‘s Vice President Shen Yiren’s ost regarding the Oppo Find X2. The former is apparently a fan of the Oppo Find series and is excited about its upcoming latest entry.

In 2018, Oppo had officially unveiled the Oppo Find X in June. The smartphone was the Chinese company’s flagship device and boaster the highest screen to body ratio that was available at that time. The smartphone arrived with a number of notable features like 3D facial recognition and the, then rare, mechanized pop-up camera.

OPPO Find X2 featured

The launch of the smartphone went successfully and was well received in many regions. However, its popularity didn’t stop there as Lu Qianho also became a fan of the device calling it “really amazing.” Lu reshared Oppo Vice President’s post and also stated that the Oppo Find X2 could be regarded as “the representative of the domestic (China) flagship series” and that he hopes it still “maintains a delicate appearance and light feel.” It is rare for competitors in the stiff smartphone market to praise other OEM’s offerings, so this comes as a pleasant surprise.

Oppo’s Find X2 is expected to arrive in the first quarter of 2020 this year and is also speculated to be unveiled at MWC 2020 which will take place in February. Reportedly, it will feature a high refresh rate of 120Hz on display with a 2K resolution. Shen Yiren has placed an emphasis on the device being one of the best smartphone displays of 2020 but we will have to wait and see regarding the tall claim.

Oppo Find X

Under the hood, Oppo Find X2 will most likely sport Qualcomm’s Snapdragon 865 SoC since it is a flagship smartphone and will support 5G networking. Reportedly, it also features super flash charging with rates up to at least 65W. Unfortunately, we will have to wait until the official announcement before providing any concrete statements, so stay tuned.

 

(Via)

Huawei Mate 30 Pro new update ushers in EMUI 10.0.0.195

Huawei Mate 30 Pro was released late last year and became the first Huawei model to be launched without google apps preinstalled. The Mate 30 Pro presented with EMUI 10 based on Android 10. Huawei has now started rolling out a new update for the model. The latest version EMUI 10.0.0.195 system update brings the virtual camera key to support flexible drag on the left and right sides, Bluetooth connection stability and optimization of the screen operations.Huawei Mate 30 Pro

The update which is available to users in China only has a file size of 590MB. Here are the Mate 30 Pro EMUI 10.0.0.195 update changelogs:

Camera:

The position of the virtual camera key can be adjusted according to the shoots, and flexible dragging on the left and right sides is supported.

Bluetooth:

Optimize the Bluetooth connection experience in some scenarios and enhance the connection stability between Bluetooth and the device.

Screen:

Optimize the touch screen operation experience of some game scenes to make your touch screen operation smoother.

To download the  EMUI 10.0.0.195 update, just tap on Settings > System > Software update > Check for Updates > Download. Or, You can also get this update via the Hicare app: HiCare > Update > Check for updates. Alteratively, open the HiCare app > Log in > Select country/region > Agree to the User Agreement and Privacy Notice > Update > Request update > Apply > Checking for new system update > Download and install.

 

(source)

 

OnePlus pushes offline strategy in China with over 200 stores

OnePlus is looking to expand its offline channels for sales of its electronic products like smartphones and more. As of right now, the company has already opened up about 200 physical stores in China.

Back in November 2015, the Chinese company had issued an announcement that it was closing down its 45 OnePlus experience stores across the country. The move was made to further grow its online channel and reserve its limited finances at the time. Back then the company had only offered 3 smartphone models with which it could not sustain due to it cutting into the OEMs profits.

OnePlus
OnePlus Experience store that lets customers use the company’s smartphone offerings before checking out

Jumping forward to now, the company has seen great success with its e-commerce approach. A notable example is the Indian market where its handsets were well received and even became a top runner in the premium segment in recent times.

Earlier today (20th January 2020), Pete Lau, the CEO and Co-Founder of OnePlus, stated that the company has over 200 offline stores, which include its experience stores and even authorized sellers, with more expected to arrive soon after. These stores will include, and are not limited to, smartphones alongside the peripheral accessories like earphones and more.

The senior executive shared this news on Weibo, the Chinese microblogging website, through his official account. It is indicative of the company’s success and its plans on expanding the physical distribution of its electronic products. The expansion primarily focuses on the home country, China, but will also include overseas expansion soon after.