Indian government has received applications from 22 tech companies. Applicants include Samsung, Foxconn, Pegatron, Wistron etc. The firms have applied to expand production facilities in India. Foxconn, Pegatron, Wistron are contract manufacturers for Apple iPhones. The applications were made under govt's production-linked investment scheme. The scheme gives 4-6% incentive to select firms on sale of goods made in India. Watch the full video for more details.
Credit: HT Digital Content Duration: 03:11Published
In the US, the in-store mobile wallet space is becoming increasingly crowded. Most customers have an option provided by their smartphone vendor, like Apple, Android, or Samsung Pay. But those are often supplemented by a myriad of options from other players, says Business Insider. PayPal, banks, card issuers, major retailers, and restaurants all offer similar cards and deals. US in-store mobile payment volume will quintuple in the next five years.
Samsung will introduce "five new power devices" at its upcoming online Unpacked event, revealed TM Roh, who is the President and Head of Mobile Communications Business at Samsung Electronics. The event is scheduled to take place on August 5. In a blog post, Roh said that so much has changed since the last few months and in this "new era", they have a "special responsibility" to help society continue to move forward. "Since I took over the reins at Samsung Mobile six months ago, so much has changed... I consider this new era as the 'Next Normal' and technology - especially mobile technology - has a critical role in it. In just a few months, we've seen our lives change in unimaginable ways. Distance learning, athome fitness, online concerts, and so much more have all been enabled by mobile technology," Roh said. "As leaders of the tech industry, we have a special responsibility - and now a true sense of urgency - to help society continue to move forward. So many people are counting on us to give them new ways to communicate, new ways to work, and new ways to connect," he added. Roh further stated that the new devices will deliver the company's vision to be the innovator of new mobile experiences that flow "seamlessly and continuously". "At this summer's Galaxy Unpacked, we'll be introducing five new power devices. These devices deliver on our vision to be the innovator of new mobile experiences that flow seamlessly and continuously wherever we go. They combine power with seamless functionality, whether you're at work or play, at home or away. In the Next Normal, you will be empowered to live life to the fullest with these devices in your hand (and in your ears, and on your wrist.)," the post read.
Samsung Electronics has announced that Apple Music on Samsung Smart TVs will now feature and display millions of real-time synced lyrics that animate along with the music. Users can easily scroll through a song by flipping through the lyrics, jump to a certain section, skip straight to the chorus or see where they are at in the song whenever they want. "Available on 2018 to 2020 Samsung Smart TV models, Apple Music time-synced lyrics make it easier and more fun than ever for users to sing or rap their hearts out to their favorite songs - or to discover the words of the latest hits," the company said in an official statement. The users can also search for a particular lyric, find the song, and learn the rest of the words simply by hitting play.
Samsung Electronics said Tuesday that second-quarter operating profit likely rose 23% as solid chip sales to data centres bulking up in a work-from-home economy offset weak demand for smartphones. Ciara Lee reports
Samsung Electronics has launched its new Bespoke refrigerator in selected markets around the world. The Bespoke refrigerator allows consumers to tailor their own configurations by material, color, and module to match various lifestyles and interior design concepts. "Samsung is creating new kitchen innovations with Bespoke by catering to individual preferences across a wide spectrum of consumer lifestyles," said Eugene Chung, Vice President of Digital Appliances, Samsung Electronics in an official statement. "We are excited to offer consumers around the world the opportunity to satisfy their lifestyle needs through our aspirational Bespoke refrigerator," he added. The newly launched refrigerator comes with an innovative door panel that can be personalized with a unique color-material-finish (CMF) based on the user's design preferences.
From another Ayodhya priest testing positive days ahead of Prime Minister Narendra Modi's visit, to the government issuing guidelines for gymnasiums and yoga centres ahead of their reopening from August 5 - here are the top news updates on the Covid-19 pandemic. The World Health Organisation has reportedly completed the groundwork in China for an investigation into the origin of the virus which causes the Covid-19 illness. WHO Director General, Tedros Adhanom Ghebreyesus, also warned the world that although there is hope of development of an effective vaccine, there is also the possibility that we might never have a 'silver bullet' against the disease. Meanwhile, South Korean envoy to India, Shin Bong-kil, said that India has always been important when it comes to vaccines and the country also has a strong pharmaceutical industry. A controversy has broken out over the admission of Union Home minister Amit Shah to a private hospital in Gurugram after he tested positive for Covid infection. Congress' Shashi Tharoor said that patronage of the powerful is important to maintain public faith in government institutions. India also crossed a milestone in its fight against the virus. The country passed the landmark of 2 crore total tests on August 2. Watch the full video for the other updates regarding the spread of the Sars-CoV-2 coronavirus.
Credit: HT Digital Content Duration: 02:46Published
Republic of Korea's Ambassador to India, Shin Bong-kil, on August 03 stated that the South Korean government is thinking to establish Korean language institute in Delhi. His statement comes after India's new National Education Policy offered several languages at secondary level including the Korean language. Bong-kil said, "Happy to hear Korean language will be offered at secondary level, it was reported heavily in Korean media. Korean government is thinking of giving extensive help and establishing Korean language institute in Delhi." Earlier, the new NEP passed by the cabinet and did away with the 34-year-old education policy and brought with it a number of changes.
Equity benchmark indices closed marginally lower on Friday in line with Asian peers following a record contraction in economic data from the United States. The BSE SandP Sensex was down by 129 points or 0.34 per cent at 37,607 while the Nifty 50 slipped by 29 points or 0.26 per cent at 11,073. Sectoral indices at the National Stock Exchange were mixed with Nifty pharma gaining by 3.5 per cent and PSU bank by 1.4 per cent. But Nifty financial service, private bank and auto were in the red. Among stocks, Reliance Industries lost by 1.84 per cent to Rs 2,070 per share on profit-booking, a day after it reported over 30 per cent jump in Q1 net profit at Rs 13,248 crore. Eicher Motors slipped by 2.7 per cent, Bajaj Auto by 1.6 per cent and Hero MotoCorp by 1.2 per cent. HDFC Bank, HDFC and HDFC Life lost by 1.6 per cent, 1.3 per cent and 1.2 per cent respectively. The other prominent losers were Kotak Mahindra Bank, Wipro and Asian Paints. However, Sun Pharma moved up 5.4 per cent to close at Rs 537.80 per share while Cipla witnessed a gain of Rs 5.1 per cent. JSW Steel, State Bank of India, Axis Bank, HCL Technologies and Tata Motors too traded in the green. Meanwhile, Asian shares slid as abysmal economic data from the United States and rising global COVID-19 cases weighed on sentiment. US GDP collapsed at a 32.9 per cent annualised rate in the second quarter, the deepest decline on record, while jobless claims rose last week. Japan's Nikkei dropped by 2.82 per cent, Hong Kong's Hang Seng by 0.47 per cent and Seoul's Kospi by 0.78 per cent.
One of South Korea's most prominent elected officials, Park Won-soon, the longtime mayor of its capital, was found dead police, said on Friday, after he was reported missing by his daughter amid a criminal probe of an alleged impropriety. Freddie Joyner has more.
When Korea's mayor of its capital city, Seoul, took his life last week, the country was left divided. According to CNN, Park Won-soon certainly had an impressive resume. The 64-year-old former human rights lawyer won the mayoral election by a landslide. However, Park had recently been accused of sexual harassment. Some mourned his passing, whereas others were angered that he would never face charges. Park's death comes as South Korea confronts traditional domestic perceptions of sexual assault.
Equity benchmark indices were subdued during early hours on July 07 in lacklustre trading amid mixed cues from Asian peers. At 10:15 am, the BSE S and P Sensex was up by 78 points or 0.21 per cent at 36,565 while the Nifty 50 edged up by 10 points or 0.09 per cent at 10,774. Most sectoral indices at the National Stock Exchange were in the red except for Nifty IT which moved up by 1.7 per cent, pharma by 0.8 per cent and auto by 0.5 per cent. IT stocks appeared to be the flavour of the day with Infosys gaining by 2.6 per cent to Rs 784.50 per share. Wipro was up by 1.6 per cent, HCL Technologies by 1.5 per cent and Tech Mahindra by 1.3 per cent. Auto stocks also gained marginally with Bajaj Auto and Tata Motors moving up by 1.6 per cent each and Maruti Suzuki by 1.1 per cent. However, Power Grid Corporation slipped by 2.5 per cent to Rs 173.40 per share. Grasim was down by 2.4 per cent, ONGC by 2.1 per cent, ITC by 1.7 per cent and Tata Steel by 1.6 per cent. Meanwhile, Asian indices traded mixed despite a strong close on Wall Street overnight. In Japan, Nikkei traded down by 0.7 per cent as the market participants seemed concerned over the rising number of new Covid-19 cases in Tokyo.