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Tag: News

  • Local Brands Rise, Apple Falls: Dynamics of China’s Smartphone Market

    Local Brands Rise, Apple Falls: Dynamics of China’s Smartphone Market

    Apple’s dominance in China’s smartphone market has seen a significant decline since 2019. Previously holding the satisfactory position, now iPhones rank fourth in market share and it is dropping to 15.76 percent from their former second-place position.

     

    Apple

    The downward trend in iPhone sales has been evident for the past three months with a staggering 33 percent decrease compared to the previous year. This decline can be attributed not only to China’s focus on bolstering its local brands but also to the ongoing economic challenges exacerbated by the US-China trade conflict.

    One of China’s homegrown brands has particularly benefited from this shift and it is experiencing a remarkable 64 percent increase in phone sales. The Chinese economy’s struggles have led to a downturn in smartphone purchases and it is impacting the sales of prominent brands like Apple.

    The first six weeks of this year have witnessed a notable decrease in smartphone sales as consumers scale back on purchases. Consequently the once-robust sales of leading brands like the iPhone have been notably impacted and it is signaling a potential end to its golden era in the Chinese market.

    As China continues to prioritize the development of its local brands; the landscape of the smartphone market is undergoing a significant shift. Brands like Huawei, Xiaomi, and Oppo are gaining momentum and they are offering competitive features at more affordable price points.

    This trend has contributed to the decline in iPhone sales as consumers are increasingly drawn towards domestically produced alternatives. The ongoing economic challenges and uncertainties exacerbated by factors such as the US-China trade conflict have further impacted consumer spending habits.

  • Rise of 5G Advanced: Enhancing Speed, Reliability, and Efficiency

    Rise of 5G Advanced: Enhancing Speed, Reliability, and Efficiency

    5G Advanced is the next evolution of cellular technology and it is already on its way. it is promising faster speeds, better reliability, and energy savings. The first smartphones with 5G Advanced support have hit store shelves. So, what exactly does 5G Advanced mean for consumers like you and me? Let’s find out.

    5G Advanced

    5G Advanced is an upgrade to existing 5G networks and has already seen initial deployment in some countries. It introduces various optimizations to current 5G deployments and lays the groundwork for future cellular generations like 6G.

    Historically, mobile networks undergo upgrades approximately every decade. While it may seem like they only go through major changes every ten years. 5G Advanced can be seen as one of these ongoing enhancements to the existing 5G standard. Similar updates occurred in the past, such as LTE Advanced, which introduced Carrier Aggregation for faster speeds.

    5G Advanced promises several improvements over regular 5G:

    Faster speeds: It claims of achieving download speeds up to 10Gbps. 5G Advanced promises faster data transfer rates than ever before.
    Massive MIMO: It has Built on the success of 5G’s Massive MIMO technology. 5G Advanced enhances connection quality by adding more antennas and utilizing AI to improve signal strength.
    Energy efficiency: It allows devices to enter low-power states when idle and enabling cell towers to adjust their power output intelligently. 5G Advanced reduces battery drain and improves energy efficiency.
    High-precision finding: 5G Advanced can locate devices with centimeter-level accuracy and it has opens up possibilities for applications in logistics and asset management.
    Additional mid-band frequencies: 5G Advanced supports frequencies above 6GHz and provides a smooth transition to 6G networks and unlocking new spectrum for improved performance.

    China Mobile became the first carrier to announce a limited launch of 5G Advanced in March 2024, showcasing China’s technological prowess. Countries like South Korea, the United States, and the UAE are expected to adopt 5G Advanced by 2025 with large cities being the initial focus. The OPPO Find X7 series is currently the only smartphone lineup that supports 5G Advanced.

  • IIT-K’s C3iHuB Unveils Cybersecurity Startup Cohorts in Delhi

    IIT-K’s C3iHuB Unveils Cybersecurity Startup Cohorts in Delhi

    IIT-K’s C3iHuB has launched startup cohorts III, IV, and V in Delhi. Funded by the Department of Science and Technology (DST) under the NM-ICPS Mission, C3iHuB presented 19 startups specializing in various cybersecurity areas like application security, integrated SOC solution, cyber forensics, blockchain technology, UAV security, IoT security, and cyber insurance.

    Cyber Security

    The National Technology Innovation Hub (TIH) for Advanced Cyber Security at the Indian Institute of Technology Kanpur (IITK) is deeply engaged in cybersecurity, from identifying vulnerabilities in critical cyber-physical systems to creating mitigation tools. This involves supporting startups, collaborating with industries for tool commercialization, and training the next wave of cybersecurity experts.

    C3iHuB focuses on addressing cybersecurity challenges within cyber-physical systems like critical infrastructures, automotive, and drones. Its scope covers various cybersecurity domains such as network security, cryptography, intrusion detection, and deception technology.

    Under the Startup Incubation Program, C3iHuB has supported fifty startups across five cohorts engaged in critical cybersecurity domains like cyber forensics, application security, blockchain technology, deception technology, threat intelligence, and cyber insurance.

    C3iHuB provides a seed grant of Rs 10 lakhs to incubated startups and offers a monthly salary of Rs 50,000 for one founder over two years, resulting in an initial investment of Rs 22 lakhs. The organization aims for at least a 20% success rate among startups after the two-year incubation period. As startups mature, C3iHuB facilitates connections with investors and corporations to aid them in raising capital and fostering the development of India’s digital infrastructure.

    The event was attended by dignitaries including Abhay Karandikar, Secretary, DST; Lt. General MU Nair, National Cyber Security Coordinator; Navin Kumar Singh, IPS, Director General NCIIPC; Akhilesh Gupta, Senior Advisor, DST; Ekta Kapoor, Mission Director, NM-ICPS, DST; Ajay Kumar, former Defence Secretary of India; and Gulshan Rai, India’s first National Cyber Security Coordinator.

    Prof. Manindra Agrawal, Project Director of C3iHuB, expressed pride in crossing the milestone of incubating fifty cybersecurity startups and highlighted the ecosystem’s potential to innovate globally. Abhay Karandikar commended C3iHuB’s exceptional performance among the 25 TIHs in the country and urged further development in core tech areas like quantum tech and AI.

    Lt. General M U Nair emphasized the importance of cybersecurity in protecting national security and the need for a vibrant cybersecurity ecosystem to tackle present and future challenges. Navin Kumar Singh praised IIT Kanpur for supporting cybersecurity startups and emphasized the importance of creating an inclusive ecosystem for cyber-physical systems.

  • The Rise of AI Predictions: Are Humans Becoming Obsolete?

    The Rise of AI Predictions: Are Humans Becoming Obsolete?

    Large language models (LLMs) are proving to be formidable contenders in the realm of future prediction, potentially surpassing human capabilities, according to a recent study by researchers from the London School of Economics, MIT, and the University of Pennsylvania.

    Large language models

    A crucial aspect of economics and societal evolution may be effectively delegated to generative AI. Government policies, investment strategies, and global economic plans often hinge on accurate future predictions, a task traditionally performed by humans.

    Peter S. Park, an AI existential safety postdoctoral fellow at MIT and coauthor of the study emphasizes the importance of accurate forecasting in various white-collar occupations such as law, business, and policy. The research indicates that just a dozen LLMs can match the predictive prowess of a team comprising 925 human forecasters.

    Both LLMs and human forecasters were tasked with answering 31 yes-or-no questions predicting events three months into the future. Surprisingly, LLMs performed on par with human forecasters in terms of accuracy. In the second experiment, LLMs were provided with the median prediction from the human forecasters for each question, resulting in a significant improvement in prediction accuracy ranging from 17% to 28%.

    Park expresses little surprise at these findings, citing historical trends that suggest ongoing advancements in AI cognitive capabilities. LLMs, trained on vast volumes of internet data, are adept at producing predictable and consensus-based responses, leveraging the collective wisdom of the crowd concept.

    The implications of this study are profound, particularly for the future employment of human forecasters. As AI continues to demonstrate its predictive prowess, it may challenge traditional forecasting roles, potentially leading to shifts in employment dynamics.

    The paper’s findings underscore the potential of AI to revolutionize the field of future prediction, raising questions about the role of humans in this domain. With LLMs capable of rivaling and even outperforming human forecasters, organizations may need to reassess their reliance on traditional forecasting methods. As businesses navigate this evolving landscape, initiatives such as the Best Workplaces for Innovators Awards recognize and celebrate companies fostering cultures of innovation.

  • Sora in Hollywood: Challenges and Opportunities for Filmmakers

    Sora in Hollywood: Challenges and Opportunities for Filmmakers

    The emergence of OpenAI’s latest creation, Sora has sparked concerns about its impact on jobs in Hollywood. Sora is an AI tool developed to generate video sequences based on text prompts and it is causing quite a stir in the film industry.

    Sora

    OpenAI has been promoting Sora on social media and recently offered Hollywood insiders including actors and directors; a sneak peek before its public launch. The response has been mixed, with some expressing worries that Sora could lead to job losses for creative professionals.

    Sora operates as an AI model that transforms text into video sequences; akin to how ChatGPT generates text responses. However Sora isn’t flawless; some videos exhibit imperfections that raise questions about its suitability for industry use.

    Despite its shortcomings, Sora undeniably possesses potential. It leverages machine learning and natural language processing to comprehend text prompts and produce realistic depictions of objects and scenes.

    Sora’s capability to replicate camera shots, lighting, and characters presents new challenges for directors and filmmakers. The industry is uncertain about which tasks currently performed by humans could be replaced by Sora, but significant changes are anticipated.

    Copyright concerns abound regarding the ownership of content created by Sora and whether creators should receive compensation for their work. These questions remain unanswered, alongside worries about privacy and data usage.

    Legal experts caution about potential copyright and intellectual property disputes, particularly as AI tools like Sora blur the lines between human and machine creation. The absence of legal precedent complicates matters, with ongoing lawsuits emphasizing the necessity for clarity and regulation in this burgeoning field.

  • Google’s Circle to Search: What Samsung Users Need to Know

    Google’s Circle to Search: What Samsung Users Need to Know

    Google’s Circle to Search feature has become a sought-after addition to Android devices offering easy access to the Google Search engine. Initially It was launched with the latest Samsung flagship devices. It has garnered attention for its convenience and functionality.

    Circle to Search

    As of now, Circle to Search is only available on a limited range of Samsung devices, leaving many users eager to experience its benefits. Fortunately, there is hope for wider availability in the near future. If you’re eager to get Circle to Search on your Samsung device, the first step is to check for a software update. The latest One UI 6.1 software which includes Circle to Search is scheduled to roll out to compatible devices on March 28th. Keep an eye out for this update to enjoy the enhanced search functionality on your Galaxy smartphone or tablet.

    Among the devices expected to receive the One UI 6.1 update are the Galaxy S23 series including the standard Galaxy S23 and the Galaxy S23 Ultra. Users of the Galaxy Z Flip 5 and the Galaxy Z Fold 5, as well as those with the Galaxy Tab S9 series can look forward to accessing Circle to Search once the software update is available for their devices.

    While the rollout of Circle to Search is undoubtedly exciting news for Samsung users; there may be questions about potential costs associated with this feature. Unlike some of Samsung’s other AI capabilities, such as Generative Edits in the Samsung gallery app, Circle to Search is managed by Google and is part of the Google Search app.

    There is no indication that Google intends to charge users for access to Circle to Search. Given Google’s recent moves to offer certain features through its Google One subscription service, there may be concerns about the future monetization of Circle to Search.

  • Anthropic Receives $2.75 Billion Boost from Amazon for AI Development

    Anthropic Receives $2.75 Billion Boost from Amazon for AI Development

    Amazon announced on Wednesday that it will be injecting an additional 2.75 billion USD into Anthropic which is an artificial intelligence startup based in San Francisco. With this infusion of funds, Amazon’s total investment in Anthropic will reach $4 billion, solidifying its commitment to the company.

    Amazon

    Amazon views this investment as crucial for the advancement of generative AI technology which is poised to be one of the most transformative technologies of our time. Swami Sivasubramanian is Vice President of Data and AI at Amazon Web Services (AWS), expressed confidence in the strategic collaboration with Anthropic, anticipating enhanced customer experiences in the future.

    Amazon’s initial investment in Anthropic amounted to $1.25 billion back in September with plans to further invest up to $4 billion. The focus of this collaboration lies in the development of foundation models which serve as the backbone for generative AI systems garnering global attention.

    As part of the agreement, Anthropic will leverage AWS as its primary cloud provider and they will utilize Amazon’s custom chips for the construction, training, and deployment of AI models. AWS customers and predominantly businesses will gain access to these models through Amazon’s Bedrock service. Already, companies like Delta Air Lines and Siemens are leveraging Bedrock to harness Anthropic’s AI models for their operations.

    This investment reflects a broader trend of major tech companies funneling resources into artificial intelligence startups; driven by increasing interest from both the public and businesses in AI technology. These investments have also drawn scrutiny from US antitrust regulators earlier this year and it highlights the importance of transparency and fair competition in the AI sector.

  • Egyptian Executives Optimistic About Technology’s Impact on Supply Chains

    Egyptian Executives Optimistic About Technology’s Impact on Supply Chains

    Amidst the 2024 business outlook, recent research supported by DP World and conducted by Economist Impact tells that Egyptian companies are increasingly embracing technology despite the challenges faced in 2023 and concerns over geopolitical events affecting the economy.

    Supply Chains

    The fourth Trade in Transition report highlights a notable increase in technology adoption and flexible trade strategies among Egyptian businesses. This study draws insights from global trade experts and senior executives, including those from Egypt.

    Despite challenges such as inflation, interest rates, and market downturns, Egyptian companies are reevaluating risks through various strategies. One such strategy is friendshoring, where companies align with suppliers from economically and politically similar countries. Additionally, they are exploring new markets for export growth and implementing dual-sourcing strategies.

    According to the survey, 28% of Egyptian executives plan to leverage technology to enhance supply chain efficiency and agility in the context of global trade’s future. Technology adoption is seen as a driver of business optimism.

    Almost half of the executives (48%) acknowledged their firms’ use of AI in 2023 to transform supply chain operations, with an additional 20% aiming to adopt it in 2024. They are exploring advanced automation (33%) and blockchain (28%) to improve traceability, security, and data protection.

    Consolidation is a key priority for Egyptian businesses aiming to minimize supply disruptions. They are balancing between diversification and control, and risk management. About 34% are practicing friendshoring, shaping trade and supply chain operations, while 31% are creating parallel supply chains for different markets. Additionally, about a third are opting for fewer suppliers.

    As Egypt’s economy expands into new sectors and positions itself as a manufacturing hub in Africa, 28% of executives view market expansion as the primary driver for export growth. Europe (37%) and North America (34%) are expected to significantly boost export revenue in 2024. Technological advancements (35%) are anticipated to increase output levels and import values.

    Despite cautious optimism, business leaders face substantial export and import challenges due to transportation costs, input shortages, rising inflation, economic volatility, tariff uncertainties, and political instability in crucial markets.

    Rizwan Soomar, CEO & Managing Director of DP World for North Africa & the Indian Subcontinent, expressed optimism in line with the surveyed Egyptian executives. He highlighted initiatives in Egypt where technology implementation addresses business challenges and strengthens resilient supply chains. The aim is to build resilient supply chain solutions enabling businesses to navigate trade challenges seamlessly and efficiently.

  • Samsung’s Galaxy Z Fold 6 to Lack S-Pen: A Shift in Strategy?

    Samsung’s Galaxy Z Fold 6 to Lack S-Pen: A Shift in Strategy?

    Samsung’s upcoming Galaxy Z Fold 6 is going to launch later this year and it is set to hit the market without S Pen support, providing an insight into the company’s strategy for its foldable lineup. According to a report from ETNews, the more affordable variant of the Galaxy Z Fold 6 will lack compatibility with the S Pen stylus, a feature that has become synonymous with Samsung’s flagship devices.

    Galaxy Z Fold 6

    While Samsung has enjoyed a prominent position in the foldable market since the introduction of the Galaxy Fold in 2019, the situation is rapidly evolving with the emergence of formidable competitors. In the United States, the Pixel Fold, OnePlus Open, and Motorola Razr series are presenting strong alternatives to Samsung’s foldable offerings. The situation is even more intense for Samsung in other key markets, particularly in China.

    This decision marks a departure from previous models and is expected to be the primary point of differentiation between the standard Fold 6 and a rumored “Ultra” variant. This development comes with growing competition in the foldable smartphone market, starting new challenges for Samsung’s dominance in the segment.

    According to analysts at DSCC (Display Supply Chain Consultants), Samsung has recently lost its coveted top position in the Chinese foldable market, yielding ground to Huawei. Samsung’s devices occupied the bottom four positions among the top 10 foldables sold in China, with competitors such as Huawei, Oppo, Honor, and Xiaomi securing higher sales figures.

    In a noteworthy shift, Huawei is to surpass Samsung in foldable market share on a global scale during the first and second quarters of 2024. Industry experts anticipate that the introduction of the more affordable Galaxy Z Fold 6 could potentially aid Samsung in reclaiming its leading position.

    The absence of S Pen support in the cheaper Fold 6 may indicate a strategic decision by Samsung to offer a more budget-friendly option while still maintaining a level of differentiation between its models. This move could appeal to consumers seeking a foldable smartphone experience without the added cost associated with premium features like S Pen functionality.

  • Samsung’s Latest Innovations: Neo QLED, OLED, and Lifestyle Products

    Samsung’s Latest Innovations: Neo QLED, OLED, and Lifestyle Products

    Samsung Electronics has position of global leader in TV manufacturing for 18 consecutive years. It has initiated its annual Tech Seminars in Frankfurt, Germany. From February 20 to 22, Samsung is revealing its latest display lineup for 2024. It is featuring cutting-edge AI technology and smart features on Neo QLED, OLED, and Lifestyle products to European professionals.

    Samsung Electronics

    The Tech Seminar sessions have been a long-standing program, delivering detailed insights and exclusive hands-on experiences with new products for the past 13 years. As part of Samsung’s Visual Display vision: “We look out of the box to inspire new ways of life”. This year, the company is showcasing innovative technologies from its 2024 lineup; offering new lifestyles and consumption patterns.

    The 2024 European Tech Seminar in Frankfurt sets the stage for similar sessions in major regions worldwide later this year including Southeast Asia and Latin America. Samsung will feature new technologies spanning across the latest TVs and lifestyle product lineup:

    Neo QLED 8K QN900D: Featuring a 75-inch display, this TV incorporates the powerful NQ8 AI Gen3 Processor. It supports features like 8K AI Upscaling Pro and AI Motion Enhancer Pro, delivering the best Neo QLED 8K visuals to date.

    Samsung

    2024 Tizen OS: The latest iteration of Tizen OS prioritizes content, offering a personalized experience based on different user accounts set up on smart TVs. Tizen includes services such as Samsung Gaming Hub, an all-in-one game streaming discovery platform, with content recommendations for a tailored cloud gaming experience.

    Music Frame: This customizable wireless speaker seamlessly blends into its surroundings. It can function as a standalone speaker or pair with a Samsung TV and soundbar via Q-Symphony, enhancing the viewing experience with immersive surround sound.

    OLED Glare Free technology: Specifically designed for Samsung’s 2024 OLED screens, this technology preserves color accuracy and image sharpness while reducing reflections from nearby lighting. The specialized hard-coating layer and surface coating pattern overcome the trade-off between gloss and reflection.