As India kicks off local manufacturing of semiconductors to cut dependency on China, the shortage of raw material amid the Russia-Ukraine war, which, if lingers for a longer period of time, may hamper the country’s dream to produce high-end semiconductors and become their global hub. The government recently set up the India Semiconductor Mission (ISM) …
The quarterly results of tech companies are in. While bigshots like Alphabet, Amazon, Apple and Microsoft kept the markets buoyant, Meta lost $230Bn in value in one day. Additionally, relatively smaller companies like PayPal and Spotify had to take a bath after a double-digit percentage drop in the market value. Apple’s privacy policy has had …
Indian gaming platforms like Dream11, Mobile Premier League (MPL) and Nextwave Multimedia, a subsidiary of gaming company Nazara Technologies which owns the World Cricket Championship (WCC) franchise, are actively looking to launch their own non-fungible tokens (NFTs). While NFTs are being launched in various sectors, gaming NFTs have become a rage after online game Axie …
Google has confirmed that Pixel 6 and Pixel 6 Pro aren’t coming to India anytime soon. Launched on October 19, the new Pixel smartphones are only available in nine countries and sadly India is not one of them. The Google-backed smartphone, Pixel, comes with its own SoC, Tensor. The Google Pixel 6 features 6.4-inch AMOLED …
When popular smartphone brands like Xiaomi and realme entered the laptop market in India last year, they were expected to shake the existing giants, specifically under the Rs 50,000 category. However, chip shortage and supply crunch have somewhat dented their plans to make a significant mark to date. The first one is a massive supply …
Social media giant Facebook is planning to rebrand the company with a new name that focuses on the metaverse — a term that many of us have little idea about. According to industry experts, building the brand’s resonance will involve creating more awareness around Facebook, with an intent to forge a positive association with target …
Beating earnings expectations for its Q2 2021, Facebook Inc registered total revenue of $29.1 billion, a 56 per cent year-over-year increase. Facebook’s record performance was driven by the digital transformation that was accelerated during the pandemic along with the company’s long-term investments in tools and products to help businesses make the shift online. Creators, adding …
Apple registered more than 140 per cent growth in India in the second quarter this year, as iPhone 11 continued to perform well with a strong aspirational brand value, a report showed on Wednesday. iPhone 11 contributed over 60 per cent of the iPhone shipments during the April-June quarter in the country, according to data …
The great Indian tech startup story is being rewritten amid the Covid-19 pandemic as traditional sectors still bear the brunt. With 16 unicorns (startups with a valuation of over $1 billion) and more than $11 billion in funding, chiefly from the US-based investment firms (till June-end), the year 2021 has proved that Chinese investment is …
Indian consumers are increasingly adopting 5G smartphones even before rollout of the next-gen mobile broadband technology in the country. Research firm, International Data Corporation (IDC), has estimated the share of 5G-enabled phones, out of total smartphone sales, will touch 20-25% this year. As Chinese smartphone brands, Oppo and Realme aggressively push their 5G portfolio in …