Even though it has been six years since OnePlus came into existence, it is still a young company in comparison to the likes of Apple and Samsung. The company launched its first handset in the year 2013 which was the OnePlus One. The device due to its worthy hardware and software received a warm welcome from the global audience.
Following the successful launch of its first handset, the company has never looked back. A freshly shared report by counterpoint research has revealed intriguing findings of the company’s performance. The report states that OnePlus’ has managed to grow steadily, despite the fact that the global premium smartphone market fell by eight [...]
American social media giant Facebook has announced a digital currency called Libra on the 18th of June. It is a cryptocurrency that aims at allowing billions of Facebook users to make transactions globally. Libra is expected to debut in the year 2020 alongside a blockchain network supporting it. The company also introduced its newest subsidiary called Calibra, which is a payments interface that will leverage the various assets of Facebook like Messenger and WhatsApp.About Libra
As mentioned above, Libra is the latest cryptocurrency backed by Facebook. The company believes it will be used for money transfer between people in developing countries; who do not have [...]
Last month, the United States government put Chinese telecom giant Huawei on an entity list which barred all American companies from doing business with it. Due to the decision, Huawei lost access to business with companies like Google, Microsoft and Intel. The former was the most important for its smartphone business, as it meant the company will not be able to provide software updates to its devices. It was expected that due to this decision, sales of the company’s handsets will reduce drastically. Now, a report claims Huawei will face a drop in smartphone shipments by up to 60% in 2019 in comparison to last year.About the report
In the month of March, the US Commerce Department put Chinese tech giant, Huawei in an entity list. This move barred all American companies from having any sort of trade relations with the Chinese corporation which has caused a global stir up. Following the ban, Huawei was left stranded due to the withdrawal of support from American companies for its software and hardware offerings. The major impact of the ban was received by the company’s smartphone division which was once anticipated to take over Samsung in the year 2020.
Huawei is not the only company that is undergoing discomfort after the ban. As US-based chipmakers including Qualcomm and Intel are losing a lot of [...]
India was one of the first countries where the Chinese smartphone maker, Xiaomi launched its offerings. The company over the last few years due to value for money products has seen significant growth in the Indian market. To further increase its affinity with the local customers, the company has been promoting locally assembled devices. The “Make In India” movement initiated by the Indian government has also been well embraced by the company. To take the local assembly step further, Xiaomi’s key component supplier Holitech has set up a massive plant in the city of Greater Noida.
Speaking of “Make In India” movement, several companies including [...]
IDC short for International Data Corporation has revealed that global shipments of wearable devices have grown significantly YoY from the year 2017 to 2018. The biggest gainer in market share and the top spot for the maximum number of devices sold is held by Xiaomi. The full chart for shipments from different companies can be found below.
According to the report published by IDC, Xiaomi sold 6.9 million wearable devices in Q3 of 2018, up from 3.6 million in Q3 of 2017. Major contributors in Xiaomi’s portfolio is the Mi Band which is an affordable fitness band. Noteworthy, Xiaomi’s stake grew from 13.7 percent to 21.5 percent which is significant growth. [...]
The National Aeronautical Space Agency of the US has opened the door for business endeavours in the ISS. The American space agency made this decision with national interest in mind. “US industry innovation and ingenuity can accelerate a thriving commercial economy in low-orbit,” as stated by NASA in a press release, will open the space station to private sectors
NASA executives announced today the commercial viability of opening up certain sections of the International Space Station. This will allow companies to work in space with the station’s facilities. The filming industry could greatly utilize the opportunity for filming commercials or movies in space. [...]
Early morning on June 2nd 2019 Google engineers struggled with a four hour Google cloud services outage. This took out critical Google services down, including Google Drive, Gmail, Youtube, and also affected sever other companies including Vimeo and Snapchat who use Google Cloud Services to host their platforms globally.
This comes soon after an announcement from Google stating that the company will remove Huawei as an authorized Android supported OEM and that the company will not officially get Android updates, or future security updates. Google’s services are crucial for any Android smartphone maker and allow for markets outside of China to fully utilize the [...]
Earlier this month, Chinese tech Titan, Huawei had to encounter a massive blow after US Commerce Department revoked all American companies from maintaining any trade relations with the former. Following the ban, the rapidly booming company which was previously speculated to take over Samsung as the world’s number one smartphone manufacturer in 2020 crumbled at an uncontrollable pace. It all started with Google’s support withdrawal of Android OS for Huawei smartphones. Followed by Google, Microsoft also took away the support for Windows from Huawei made computers and laptops. Initially what seemed like end of road for company might not be the case.uawei which was [...]
Chinese telecommunications giant Huawei has seen better days. In the past week, it has seen business ties cut with every American company. Even ARM, the known chipset architecture licensing firm from the UK has suspended business with it. Now, in the latest development, reports claim the Wi-Fi Alliance has “temporarily restricted” Huawei’s membership and the company is also not a member of JEDEC, which sets the standard for semiconductors. Adding another blow to the list, Huawei has also been barred from setting new USB standards and cannot use SD cards in their future devices.About this ban
Last week, the government of the United States barred [...]
Huawei under the US ban, sanctioned by The US President Donald Trump, has the Chinese company take a step back. The company had been gaining traction in various markets around the globe, becoming the second largest manufacturer for smartphones, surpassing Apple. The sudden blow that slowed Huawei’s progress now gives breathing room for other companies to exploit.
Huawei’s recess will lead smaller companies, in its comparison, securing a foothold in the market. Realme the debutant for the premium segment market is expected to join the category on the latter half of the year while Oppo is crossing the Rs30,000 threshold for the second time. The Reno series [...]
Huawei has been dealt another critical blow in the form of support withdrawal from ARM. The UK based company licenses the architectural design for the most smartphone chipset. After already have been knocked down by the loss of Android OS after the controversial US ban. The aforementioned ban was enforced by the US Commerce Department on all American firms to cease any forms of business ties or trades with the Chinese firm Huawei. This move had already crippled the company with the loss of the operating systems (Windows, Android) for the computing products they offer.
The rippling effect of the oncoming ban essentially weakens the Chinese based company’s structure [...]