Category: All News

  • 2023 Q3: Xiaomi Reports Strong Comeback, Achieving $9.92 Billion in Revenue

    2023 Q3: Xiaomi Reports Strong Comeback, Achieving $9.92 Billion in Revenue

    Xiaomi’s Q3 2023 Financial Report

    Xiaomi, the renowned Chinese tech company, has released its Q3 2023 financial report, showcasing impressive growth and achievements. The company’s commitment to innovation, affordability, and sustainability has solidified its position in the global market.

    Impressive Financial Performance

    According to the report, Xiaomi’s total revenue has skyrocketed to 70.9 billion yuan ($9.92 billion), marking a significant year-on-year growth of 182.9%. The company has also posted an adjusted net profit of 6 billion yuan ($840 million). These figures demonstrate Xiaomi’s continued success in various markets worldwide.

    Investment in Innovation

    Xiaomi’s success can be attributed, in large part, to its continuous investment in innovation, particularly in research and development (R&D). The company has allocated 5 billion yuan ($700 million) to R&D, representing a 22% year-on-year increase. This investment fuels Xiaomi’s “People, Car, Home” ecosystem strategy, with the introduction of the revolutionary Xiaomi HyperOS. Developed over seven years by a team of over 5,000 engineers, this operating system seamlessly connects billions of devices, showcasing Xiaomi’s commitment to building a comprehensive ecosystem.

    Smartphone Division and IoT Segment Growth

    Xiaomi’s smartphone division has experienced remarkable growth, with the Xiaomi 14 series leading the way. The series achieved a record gross margin of 16.6% and sold over a million units upon launch. Furthermore, Xiaomi has excelled in the Internet of Things (IoT) and consumer products segment, achieving historic highs in revenue at 20.7 billion yuan ($2.8 billion) and a gross margin of 17.8%. The company’s AIoT platform is now connected to an astonishing 699 million IoT devices, and the monthly active users of the Mi Home app have increased by 16% to reach 84 million.

    Global Recognition and Sustainability Efforts

    Xiaomi has maintained a top-three position in the global smartphone market for 13 consecutive quarters, solidifying its reputation as a leader in the industry. The company’s internet business has also thrived, with internet services revenue reaching 78.125 billion yuan ($10.9) and an impressive gross margin of 74.4%.

    In addition to technological achievements, Xiaomi is committed to environmentally friendly practices. The company aims to achieve carbon neutrality by 2040 and utilizes 100% renewable energy sources. Xiaomi has also been recognized as one of Forbes’ global best employers for three consecutive years, highlighting its dedication to its employees. Moreover, Xiaomi actively contributes to public welfare and education through initiatives like the Xiaomi Public Welfare Foundation and the Xiaomi Scholarship program.

    Conclusion

    Xiaomi’s Q3 2023 financial report showcases its remarkable growth, driven by innovation, affordability, and a commitment to sustainability. The company’s focus on R&D, the success of its smartphone division, and its expansion in the IoT segment have solidified its position in the global market. With its ongoing dedication to technological advancement and its contributions to society, Xiaomi is poised to continue its success in the years to come.

    Source: 1, 2

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  • Samsung’s Good Lock and Its Add-Ons Achieve 100 Million Downloads on the Galaxy Store

    Samsung’s Good Lock and Its Add-Ons Achieve 100 Million Downloads on the Galaxy Store

    Expanding Support for Good Lock Reaches 100 Million Downloads on Galaxy Store

    The Good Lock App, known for its ability to enhance customizability across Galaxy smartphones, has achieved a significant milestone with over 100 million downloads on the Galaxy Store. This achievement has been made possible by the app’s availability and compatibility across different regions and Galaxy smartphone models.

    Top Modules and Downloads

    Among the various modules available in the Good Lock App, the top module in terms of downloads is the Sound Assistant, with 11,440,106 installations. It is closely followed by the One Hand Operation + module, which has garnered 8,522,285 installs. The Lockstart module secures the fourth position with 6,606,160 installs. Other popular modules include Theme Park, Multi Star, Home Up, ClockFace, NavStar, and NotiStar.

    Increased Installs and Compatibility

    Over the past three months, the number of installs for the Good Lock App and its modules has significantly increased, thanks to the expanding compatibility across different devices. The Good Lock App alone has received 2,121,404 installs during this period, while the Theme Park module has reached 1,159,608 installs.

    Regional Downloads

    In terms of regional downloads, Korea takes the lead with 26,868,771 installs, followed by China with 20,443,371 downloads. The United States contributes 12,194,874 installs, while India and Mexico secure the fourth and fifth positions with 7,061,864 and 2,782,314 installs, respectively.

    Popularity of Good Lock Modules in Specific Countries

    In the past few months, Southeast Asian countries like Thailand and Indonesia have seen a surge in downloads for Good Lock modules. Additionally, the expanding compatibility has led to an increasing demand for these modules in China, Korea, India, and the USA. Even European nations such as the UK and Germany have shown interest in customizability with these modules.

    Module Preferences in Different Countries

    In Korea, users prefer modules like Sound Assistant and QuickStart, which enhance convenience. On the other hand, Chinese users do not show a specific preference for any particular module, as the data indicates symmetric installs across all modules. In India, users enjoy customizing their smartphones with modules like ThemePark, LockStart, and HomeUp.

    Upcoming Features and User Feedback

    In the coming weeks, the Good Lock App will introduce several new features to further enhance the user experience. Users can show their support and provide feedback to the development team by using the hashtag #GoodLock100Million on Instagram. This feedback will undoubtedly motivate the team to continue their efforts in improving the app and its modules.

    Source: 1, 2

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  • Code breadcrumbs suggest Google teases secretive “Cubes” project

    Code breadcrumbs suggest Google teases secretive “Cubes” project

    Google’s Mysterious “Cubes” Feature: Revolutionizing App Discovery on Android

    Google has a knack for leaving digital breadcrumbs in its code, and this time, the trail leads to a mysterious feature called “Cubes.” While its exact functionality is still shrouded in secrecy, recent discoveries suggest that Cubes might be a central hub for discovering new apps tailored to each user’s preferences.

    Unearthing Evidence of Cubes

    Evidence of Cubes has been unearthed in recent Android updates, indicating that the project is nearing completion. The feature was first spotted in January as a basic framework, but subsequent discoveries suggest that development is steadily progressing.

    Facilitating App Discovery

    According to Google News Telegram, Cubes will likely facilitate app discovery across various categories, curating a personalized feed of app information, deals, and updates based on user-selected categories and individual app preferences. This suggests that Cubes will offer a more refined and tailored experience compared to the existing Play Store structure.

    The Possibility of Direct Shopping

    X/Twitter user AssembleDebug has further uncovered the possibility of direct shopping within Cubes, though the extent of this feature remains unclear. If true, this would add another layer of convenience for users, allowing them to seamlessly discover and purchase apps within the Cubes interface.

    Revolutionizing App Discovery on Android

    With much of its functionality still shrouded in mystery, Cubes is poised to revolutionize app discovery on Android. Its personalized approach could provide users with a more refined and tailored experience compared to the existing Play Store structure. By curating a personalized feed based on user preferences, Cubes aims to make app discovery more efficient and enjoyable.

    The Future of Cubes

    While the exact timing of Cubes’ release is unknown, it appears to be another step towards personalized feeds, potentially based on existing apps or those yet to be discovered. While the concept might seem familiar within the Play Store’s existing structure, Cubes could bring a more refined and tailored experience. As Google continues to develop and refine Cubes, users can look forward to a more personalized and efficient app discovery process on Android.

    Source: 1, 2

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  • FCC Implements Measures to Deter SIM Swapping and Port-Out Fraud

    FCC Implements Measures to Deter SIM Swapping and Port-Out Fraud

    New FCC Rules Aim to Protect Consumers from SIM Swapping and Port-Out Fraud

    The Federal Communications Commission (FCC) has taken a long-awaited step to address the growing issue of SIM swapping and port-out fraud. These scams have become increasingly prevalent in recent years, with fraudsters tricking mobile carrier employees into transferring a victim’s phone number to a new SIM card or to a different carrier without authorization.

    The Rise of SIM Swapping and Port-Out Fraud

    SIM swapping has not only affected individual consumers but has also been used to breach the networks of major organizations. This has led to the emergence of an entire industry that facilitates these fraudulent activities.

    The New FCC Rules

    To combat these scams and protect consumers, the FCC has introduced new rules for wireless providers. These rules require wireless providers to implement secure authentication methods before transferring a customer’s phone number and to immediately notify customers of any SIM changes or port-out requests.

    However, the rules lack specific details on what constitutes secure authentication or immediate notification. This leaves room for interpretation and potential inconsistencies across different carriers.

    Implementing Effective Security Measures

    While the FCC’s actions are a step in the right direction, the effectiveness of the new rules remains to be seen. One of the biggest challenges lies in implementing effective security measures across carriers with varying levels of employee training and security cultures.

    Protecting Yourself as a Consumer

    In the meantime, consumers are encouraged to take proactive steps to protect themselves from SIM swapping and port-out fraud. This includes enabling PIN or verbal password protection for their accounts and following additional precautions recommended by the Federal Trade Commission.

    By taking these precautions, consumers can add an extra layer of security to their mobile accounts and reduce the risk of falling victim to these fraudulent activities.

    Conclusion

    The new FCC rules are a positive step towards addressing SIM swapping and port-out fraud. However, the success of these rules will depend on the implementation and enforcement by wireless providers. In the meantime, consumers should remain vigilant and take steps to protect themselves from these scams.

    Source: 1, 2

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  • Kia EV5 Released in China with a Price Drop of 10,000 yuan ($1,387) from Initial Announcement

    Kia EV5 Released in China with a Price Drop of 10,000 yuan ($1,387) from Initial Announcement

    After some speculation about higher prices, the Kia EV5 electric vehicle has finally been launched in China at a lower price. This announcement came during the Guangzhou International Automobile Exhibition 2023. The reduction in price amounts to 10,000 yuan.

    Trim Levels and Specifications

    The Kia EV5 is available in three trim levels in China: standard, long-range, and AWD. The standard trim option comes with a 160kW motor and a BYD LFP Blade battery with a capacity of 64.2Wh. It offers a range of 530km. On the other hand, the long-range variant is equipped with an 88kWh LFP battery and the same motor, allowing for a range of 720km. The AWD version of the EV5 features dual 160kW front motors and a 70kW rear motor, along with an 88kWh battery. Unfortunately, the range of the AWD trim has not been specified.

    Interior Features

    Inside the Kia EV5, you’ll find a modern and tech-forward cabin. The vehicle boasts three screens, including a 12.3-inch digital instrument cluster, a 5-inch climate control panel, and a 12.3-inch infotainment display. These screens provide easy access to various vehicle settings and entertainment options. Additionally, the EV5 offers Level 2 assisted driving with semi-automated lane changing and intelligent remote control parking.

    Pricing and Availability

    Initially, the Kia EV5 was expected to have a starting price of 159,800 yuan ($22,160). However, the company has revised the pricing, and the EV5 will now start at 149,800 yuan ($20,775). Kia is also offering a 5-year warranty for the EV5, which covers up to 100,000km of range. Moreover, the battery, motor, and electronic control system are covered for 8 years or 150,000km.

    International Release

    While the Kia EV5 has made its debut in China, the company has plans to release it in other markets as well. Canada, South Korea, and Australia are among the countries where the EV5 will be available in 2024. However, Kia has not yet specified the exact schedule for the international release or the prices of the model in these specific markets.

    Source: 1

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  • The Red Magic 9 Pro: Groundbreaking Combination of 165W Charging and Snapdragon 8 Gen 3

    The Red Magic 9 Pro: Groundbreaking Combination of 165W Charging and Snapdragon 8 Gen 3

    Nubia Red Magic 9 Pro: The Ultimate Gaming Flagship with Revolutionary Charging Technology

    The highly anticipated gaming flagship from Nubia, the Red Magic 9 Pro, is set to make its official debut on November 23. This cutting-edge device is confirmed to feature 165W fast charging support, coupled with the powerful Snapdragon 8 Gen 3 chipset. However, what truly sets this device apart is its groundbreaking ‘Magic Flash Fast Charging’ technology, which promises a full charge in just 16 minutes.

    Unmatched Charging Speed and Safety

    Nubia has gone above and beyond to ensure the stability and safety of the Red Magic 9 Pro’s fast charging capabilities. The Red Magic team has implemented charging separation technology, which effectively distributes the charging load across the device through a three-charge pump connected in parallel. This innovative approach prevents localized heating and guarantees a consistently stable and safe output at 165W. This technology has already proven successful in the Red Magic 8 Pro and is expected to continue in the Red Magic 9 Pro.

    Unparalleled Battery Life

    In addition to its remarkable charging capabilities, the Red Magic 9 Pro boasts a massive 6500mAh battery, all within an impressively slim 8.9mm frame. Nubia confidently claims that this device offers a comprehensive battery life exceeding two days and two nights. This exceptional battery performance positions the Red Magic 9 Pro as the perfect companion for users with demanding smartphone needs.

    Impeccable Design and Immersive Display

    The Red Magic 9 Pro showcases a stunning design, featuring a back cover made of “customized integrated glass”. This intricate design process seamlessly combines the back shell glass and lens cover, resulting in a sleek and premium aesthetic.

    Furthermore, the front screen of the Red Magic 9 Pro incorporates an under-display camera specifically tailored for selfies, ensuring an uninterrupted and immersive gaming experience. With its cutting-edge design and advanced technology, the Red Magic 9 Pro series is expected to set new standards in the world of gaming smartphones.

    Pricing and Availability

    As of now, Nubia has not disclosed any information regarding the pricing and availability of the Red Magic 9 Pro. However, with its impressive features and revolutionary charging technology, this gaming flagship is undoubtedly set to make waves in the smartphone market.

    In conclusion, the Nubia Red Magic 9 Pro is poised to be a game-changer in the world of gaming smartphones. Its unmatched 165W fast charging, coupled with the powerful Snapdragon 8 Gen 3 chipset, promises an unparalleled gaming experience. With its exceptional battery life, impeccable design, and immersive display, the Red Magic 9 Pro is a force to be reckoned with. Stay tuned for its official release on November 23, and prepare to witness the future of mobile gaming.

    Source: 1, 2

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  • New Update for OnePlus Nord N10 5G Includes Latest Android Security Patch

    New Update for OnePlus Nord N10 5G Includes Latest Android Security Patch

    OnePlus Nord N10 5G Receives November 2023 Android Security Patch

    OnePlus has recently rolled out a security update for its Nord N10 5G smartphone. Despite the device being outdated in terms of its operating system, OnePlus is committed to providing regular security updates. The latest update includes the November 2023 Android security patch, which aims to enhance system security.

    The update, known as OxygenOS 11.0.16, comes with version number 11.0.16.BE89BA for global and EU users. North American users, on the other hand, will receive the update with version number 11.0.16.BE86AA. While the update mainly focuses on security enhancements, if users encounter any issues, they can provide feedback through the link provided on the update page.

    OnePlus’ 10th Anniversary Event

    In other news, OnePlus is gearing up to celebrate its 10th anniversary with a special event on December 4. The event will not only unveil the highly anticipated flagship smartphone, the OnePlus 12, but also introduce other products such as the OnePlus Ace 3 and the OnePlus Watch 2. Although the global launch dates have yet to be announced, it is expected that the OnePlus 12 will debut in India simultaneously with its launch in China.

    Stay tuned for more updates on OnePlus’ upcoming event and the latest developments in the smartphone industry.

    Source: 1

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  • Sam Altman becomes a member of Microsoft’s AI team after leaving OpenAI

    Sam Altman becomes a member of Microsoft’s AI team after leaving OpenAI

    Microsoft’s Latest Move: Hiring Former OpenAI CEO and Co-founder

    In a surprising turn of events, Microsoft has made a significant move by hiring Sam Altman, the former CEO of OpenAI, and Greg Brockman, a co-founder of OpenAI, to lead a new advanced AI research team. This decision comes after Altman’s abrupt dismissal from OpenAI due to concerns over his commitment to the company’s mission. The OpenAI board cited issues with overseeing Altman and a lack of trust, which ultimately led to his departure along with Brockman.

    Altman’s Departure and Microsoft’s Support

    Following Altman’s firing, Emmett Shear, co-founder of Twitch, was appointed as the interim CEO of OpenAI. Shear’s unique skills and experience were deemed crucial for the company’s future by the OpenAI board. Microsoft CEO Satya Nadella expressed excitement about Altman and Brockman joining Microsoft and reassured their commitment to providing them with the necessary resources.

    Nadella took to social media to emphasize Microsoft’s dedication to its partnership with OpenAI, stating, “We remain committed to our partnership with OpenAI and have confidence in our product roadmap.” This statement not only reflects Microsoft’s strategic intent to maintain a strong collaboration with OpenAI but also highlights their determination to enhance their own AI research capabilities.

    Impact on the AI Community

    Altman’s unexpected departure from OpenAI has caused a stir in the tech industry, revealing a divide within the AI community between those advocating for rapid development and those expressing concerns about AI’s potential risks. Altman had been discussing a new AI start-up, and his firing led to some employees planning to leave OpenAI. Microsoft, a major investor in OpenAI, was taken aback by the sudden decision, learning about it shortly before it was publicly announced.

    Microsoft’s Investment in AI Technology

    Microsoft’s decision to form a new AI research team led by Altman and Brockman is part of the company’s ongoing investment in AI technology. In addition to this move, Microsoft has also developed its own custom AI chip, the Azure Maia, which aims to reduce reliance on Nvidia and power its Azure data centers. This development showcases Microsoft’s commitment to advancing AI research and solidifies its position in the competitive AI research space.

    Conclusion

    Microsoft’s acquisition of Sam Altman and Greg Brockman positions the company favorably in the AI research landscape. By leveraging their expertise and following among AI professionals, Microsoft is strengthening its capabilities and reaffirming its commitment to innovation in the field of artificial intelligence. With Altman and Brockman leading the new AI research team, Microsoft is poised to make significant advancements in the realm of AI technology.

    Source: 1, 2

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  • Leaked Specifications Reveal Oppo Find X7 Pro as the First Smartphone with Dual Periscope Telephoto Cameras

    Leaked Specifications Reveal Oppo Find X7 Pro as the First Smartphone with Dual Periscope Telephoto Cameras

    Oppo Find X7 Pro: Leaked Camera Specifications and Features

    On Thursday (Nov. 23), Oppo is set to unveil the Reno 11 series and the Pad Air 2 tablet in China. However, the company’s attention is already shifting towards its upcoming flagship, the Find X7 series. According to reliable tipster Digital Chat Station, the Find X7 Pro will be the world’s first smartphone to feature dual periscope telephoto cameras. Let’s take a closer look at the leaked camera specifications and features of the Find X7 Pro.

    Quad-Camera Setup

    Unlike its predecessor, the Find X7 Pro will come with a quad-camera arrangement. The primary camera will be a powerful 50-megapixel LYT-900 sensor with a 1-inch size, ensuring excellent image quality. In addition, the device will feature a 50-megapixel IMX890 sensor with a 1/1.56-inch size and 2.7x optical zoom, as well as a 50-megapixel IMX858 sensor with a 1/2.4-inch size and 6x optical zoom. Reports also suggest the inclusion of a 50-megapixel ultra-wide lens.

    Enhanced Camera Capabilities

    One of the standout features of the Find X7 Pro’s camera setup is the new XCD solution, developed in collaboration with Hasselblad. This innovative technology promises enhanced color calibration, ensuring accurate and vibrant colors in your photos. With the Find X7 Pro, Oppo aims to deliver a high-quality and versatile photography experience.

    Powerful Hardware

    Apart from its impressive camera capabilities, the Find X7 Pro will also pack powerful hardware under the hood. It will be powered by the Snapdragon 8 Gen 3 chipset, offering top-of-the-line performance and efficiency. On the other hand, the standard Find X7 model is expected to come with the Dimensity 9300 SoC.

    Release Date and Availability

    Rumors suggest that the Find X7 series will be announced before the 2024 Chinese Spring Festival, possibly by the end of January or early February. However, it remains unclear whether both the Find X7 and Find X7 Pro will be released in the global market.

    As we eagerly await the official launch of the Oppo Find X7 Pro, the leaked camera specifications and features indicate a smartphone that is poised to deliver exceptional photography capabilities. Stay tuned for more updates on Oppo’s upcoming flagship device.

    Source: 1, 2

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  • Realme’s Conference on November 22: Spotlight on GT 5 Pro’s Telephoto Imaging Capabilities

    Realme’s Conference on November 22: Spotlight on GT 5 Pro’s Telephoto Imaging Capabilities

    Realme is set to host a conference on November 22, 2023, in collaboration with Qualcomm and ArcSoft. Titled “Super Core Imaging Technology Communication Meeting,” the conference aims to unveil a breakthrough in telephoto imaging. While specific details are scarce at the moment, Realme has hinted at a new turning point for telephoto imaging in a cryptic message.

    This announcement follows Realme’s confirmation that the GT 5 Pro smartphone will be launched this month. The GT 5 Pro is expected to feature the Sony LYTIA camera sensor, which is rumored to be the same 50MP LYT-808 sensor confirmed for the OnePlus 12.

    Powered by the Qualcomm Snapdragon 8 Gen 3 chipset, the GT 5 Pro will also boast a 10,000mm² heat dissipation unit. Additionally, it will be the world’s first smartphone to sport a BOE-customized curved-edge 6.78″ 1.5K display with a 3,000 nits brightness rate. And for those who value fast charging, the smartphone will support a 240W wired fast charging feature.

    Realme’s upcoming conference is expected to shed more light on the GT 5 Pro and its innovative telephoto imaging technology. Stay tuned for further updates and details as they become available.

    Source: 1, 2

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