Wednesday February 26, 2020
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Apple loses $60bn over reports of weak smartphone demand in 2018

There are reports that Apple is designing and producing its own device screens, secretly at a facility near its headquarters in California

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Apple
Top apps using Siri Shortcuts to make daily tasks easier: Apple. Pixabay

Apple lost over $60 billion in market cap in two days after Taiwan Semiconductor, Apple’s biggest supplier, said in an earnings update that second-quarter revenues would be hit by “weak demand from the mobile sector”.

Apple shares fell nearly seven per cent on Thursday and Friday over reports of a sharper slowdown in smartphone sales this year, Financial Times reported late on Friday.

Apple could acquire the entertainment company, Netflix
Apple lost 60 billion. IANS

Not just Apple, the news led to several global chipmakers losing market valus, including Analogue Devices, Dialog Semiconductor, Qualcomm and Qorvo.

For the first time since 2009, smartphone sales in China fell last year while global sales fell in the fourth quarter of 2017 for the first time since 2004.

In another setback for the iPhone maker, its efforts to get LG Display’s OLED screens for future iPhone production line “have hit manufacturing issues”, the Wall Street Journal reported on Friday Apple is reportedly divided on whether LG will be able to succeed as Samsung’s replacement for OLED displays.

Also Read: Apple Marks Earth Day With Donations

The Cupertino-based company currently uses Samsung’s OLED displays for iPhone X. The LCD panels which are currently being used in the iPhone 8 and iPhone 8 Plus are supplied by LG. Apple Watch screen is made by LG Display. There are reports that Apple is designing and producing its own device screens, secretly at a facility near its headquarters in California. It is believed that Apple will switch to OLED displays for all of its iPhone releasing in 2019. IANS

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Samsung Unveils Galaxy M31 Smartphone in India

Samsung launches Galaxy M31 in India starting from Rs. 15,999

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Samsung Galaxy M31
Samsung on Tuesday launched its new smartphone Galaxy M31 in India starting from Rs 15,999. Wikimedia Commons

Samsung on Tuesday launched its new smartphone Galaxy M31 in India starting from Rs 15,999. This is the latest science and technology news.

Galaxy M31 is the newest addition to the popular Galaxy M series. Till date, the company has launched six models – Galaxy M10, M20, M30, M40, M10s and M30s – under the M series in 2019.

“We now bring Galaxy M31 keeping in mind the needs and aspirations of our young millennial consumers,” Asim Warsi, Senior Vice President, Mobile Business, Samsung India said in a statement.

Samsung Galaxy M31
Samsung on Tuesday launched its new smartphone Galaxy M31 in India starting from Rs 15,999. (Representational Image). Pixabay

The smartphone will come in two memory variants, 6/64GB priced at Rs 15,999 as well as 6/128GB for Rs 16,999 and will be available at Amazon.in, Samsung.com along with select retail stores from March 5, 12 noon.

The phone is equipped with 6.4-inch super AMOLED display and features quad-camera setup — 64MP Main Lens, 8MP Ultra-Wide Lens, 5MP Macro Lens and 5MP depth lens. There is also a 32MP front camera.

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The device is powered with the Exynos 9611 upto 2.3GHz Octa Core processor and will run on Android 10 out of the box with Samsung’s new One UI 2.0.

Additionally, the phone houses a 6000mAh battery with an in-box Type C 15W fast charger. (IANS)