Xiaomi Posts Slowest-Ever Revenue Growth in Q3 as China Smartphone Shipments Fall

Chinese smartphone maker Xiaomi posted its slowest-ever quarterly revenue growth, as the country’s smartphone market copes with a protracted lull in sales and bigger rival Huawei grabs more market share. Revenue in the first quarter ended September 30 rose 5.5 percent to CNY 53.66 billion (roughly Rs. 53,900 crores) from the same period last year, largely in line with analysts’ expectation of CNY 53.74 […]

Xiaomi Lowers Target as It Kicks Off IPO

Chinese smartphone makerkicked off its initial public offering Thursday but the firm is likely to pull in about $6.1 billion (roughly Rs. 41,600 crores), far less than originally expected, with investors having mixed views about its main business. Xiaomi had hoped to raise $10 billion (roughly Rs. 68,000 crores) with the Hong Kong IPO, making it the biggest since$25 billion […]

Xbox One October Update Brings New Avatars, Dolby Vision, and More

The October update for theis now rolling out, MicrosoftThursday. It brings tons of new Xbox Avatars, support forHDR, a new Xbox Skill forand(only in the US), and five new languages for the built-in Narrator. Microsoft has updated the Avatar Editor for Xbox, allowing players to choose from “a wide range of body types”. Plus, the Avatar Store now has designs […]

tvOS 13 Beta 2 Brings Picture-in-Picture Mode Support: Report

Apple has quietly added Picture-in-Picture (PiP) support in the second developer beta of Apple TV’s operating system tvOS 13. The feature would allow users to watch shows on theapp while navigating and multitasking around the device and its operating system, 9to5Macon Monday. The PiP mode was first introduced by Apple inas a multitasking feature for the iPad. The feature lets […]

Sony to Host CES 2020 Event on January 6: What to Expect

Sony has revealed that it will be at CES 2020 this year, and will host an event on January 6 in Las Vegas. The event will begin at 5pm PST (6.30am IST, January 7), and will be live streamed for the world to see. Teasing at what to expect from the event, the company says that it will be ‘unveiling […]

Samsung, LG Showcase Their First Commercial 8K TVs at IFA 2018

At their events ahead of,andboth showcased their first commercial 8K TV offerings, previewing what the future of entertainment looks like. Samsung introduced the Q900R QLED 8K TV and LG unveiled the 88-inch 8K OLED TV in Berlin. The Samsung model will be made available in several screen sizes, and will be available in stores by the end of September. Availability […]

Samsung Q3 Profit Seen at Record, but Peaking, as Chips Shine

 is set to post a hefty jump in third-quarter profit to record levels after its chip unit put in a sterling performance on demand from data centres and improved production yields. The July-September quarter is, however, expected to mark a peak in earnings as a two-year super cycle of tight supply and soaring demand comes to an end, with prices […]

Samsung Posts Record Profit in Q3 Despite Smartphone Struggles

on Wednesday posted record quarterly operating and net profits for the July-September period as solid demand for its memory chips cushioned the fallout from slowing smartphone sales – but warned of tougher times ahead. The South Korean tech giant – the world’s top maker of smartphones and memory chips – has recovered from a series of setbacks, including a humiliating recall […]