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Honor to Unveil Honor View 20 in India

The device also has Artificial Intelligence (AI) computing power and graphic processing power enabled by the dual-ISP and dual-NPU of Huawei's own Kirin 980 chipset

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Honor View 20 to launch in India for nearly Rs 40,000. Flickr

Huawei’s sub-brand Honor is set to launch the world’s first punch-hole display phone, the View 20, with a 48MP primary camera in India for around Rs 40,000 on January 29, industry sources told IANS on Friday.

The device would be introduced on Amazon India and its pre-bookings would start on January 15.

The smartphone, announced at Honor’s Artology event in Hong Kong in December 2018, has a new full-view display experience, courtesy the Honor’s “All-View Display”.

Honor, huawei
Honor.

According to the company, the smartphone comes with eight world’s first technologies that include 1.4Gbps cat21. modem.

This is the world’s first in-screen front camera design, which is achieved by a complex 18-layer technology stack that carefully embeds the front camera in the display area of the screen and extends the display area to almost 100 per cent, the company claimed during its unveiling in December.

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The device also has Artificial Intelligence (AI) computing power and graphic processing power enabled by the dual-ISP and dual-NPU of Huawei’s own Kirin 980 chipset. (IANS)

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Automotive Industry To Benefit From Corporate Tax Cut, Says ICRA

India's automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday

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India, Tax cut, Automotive Industry
India's automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut. Wikimedia Commons

India’s automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday.

“Under the current weak demand conditions, OEMs (original equipment manufacturers) are expected to pass on some of the benefits of tax revision to the end consumers,” ICRA Vice President and Sector Head Pavethra Ponniah was quoted in a statement.

“This implies that the price correction in coming months will to an extent address the demand side issues. Moreover, clarity from the government, that there is no further GST or cess revision, will help consumers who were waiting for improved clarity prior to their car purchase decision,” she added.

According to ICRA, the current reduction of corporate tax rates in India to globally competitive levels will incentivise OEMs and their vendors to increase localisation, which augurs well for the industry.

In 2019-2020, India has imported auto components worth $17.6 billion.

India, Tax cut, Automotive Industry
the current reduction of corporate tax rates in India to globally competitive levels will incentivise OEMs and their vendors to increase localisation. Pixabay

ICRA also said that given the increasing US-China trade tensions, revision in corporate tax will attract FDI in Indian manufacturing sector, as the revised tax structure is now in line with other emerging markets.

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“In the current fiscal, the Indian automotive industry, especially the passenger vehicle segment, has witnessed one of the worst slides since the last two decades because of multiple factors,” the ratings agency said in a statement.

“Tighter financing environment for consumers and the liquidity crunch faced by dealerships coupled with weak farm income and overall slowdown in economic activity has impacted consumer sentiments and purchasing behaviour,” the statement added. (IANS)