Xiaomi’s Redmi sub-brand is largely known for its stellar Redmi Note series and Redmi series. Spread across the early budget and mid-ranges, these phones are often the epitome of value you can get for every bit of money you spend. Xiaomi reserves the higher end specifications for phones under its Mi branding, but that could change this year, as Redmui’s first gaming smartphone is coming with the new MediaTek Dimensity 1200.
Redmi’s General Manager in China, Mr. Lu Weibing, has revealed on Weibo (via AndroidAuthority) that the brand will launch its first flagship gaming smartphone. The statements were made within the context of the Dimensity 1200 launch and how Redmi will be the first OEM to ship a phone with the new processor, strongly hinting that this is the chip that could be powering the gaming phone. As is the Redmi philosophy, the pricing is expected to be aggressive, making the entire proposition very enticing. It’s unclear if the first phone with Dimensity 1200 would be the gaming smartphone or something within the Redmi K-series lineup.
It’s worth keeping in mind that the Dimensity 1200 features the same GPU (ARM Mali-G77MC9) as the Dimensity 1100, Dimensity 1000 Plus, and Dimensity 1000. There are other changes that do benefit a gaming smartphone, such as support for 168Hz refresh rate at FHD+, as well as support for ray tracing through software. There’s also MediaTek HyperEngine 3.0 support on the new chip, but the company did not specifically detail what this bump up in versioning brings to the table, and if the same could also make its way to the older Dimensity flagship chips as they bear the same GPU.
One thing that becomes abundantly clear is that OEMs have a lot more faith in MediaTek’s Dimensity lineup than ever before, enough to dedicate a few firsts for their brand to the new flagship chips. While it remains to be seen how the Dimensity 1200 measures up to the Qualcomm Snapdragon 888 and Samsung Exynos 2100, it does appear promising as a value performer.
Source: – XDA Developers
Britain in talks with 6 firms about building gigafactories for EV batteries
Britain is in talks with six companies about building gigafactories to produce batteries for electric vehicles (EV), the Financial Times reported on Wednesday, citing people briefed on the discussions.
Car makers Ford Motor Co and Nissan Motor Co Ltd, conglomerates LG Corp and Samsung, and start-ups Britishvolt and InoBat Auto are in talks with the British government or local authorities about locations for potential factories and financial support, the report added .
(Reporting by Kanishka Singh in Bengaluru; Editing by Himani Sarkar)
EBay to sell South Korean unit for about $3.6 billion to Shinsegae, Naver
EBay Korea is the country’s third-largest e-commerce firm with market share of about 12.8% in 2020, according to Euromonitor. It operates the platforms Gmarket, Auction and G9.
Shinsegae, Naver and eBay Korea declined to comment.
Lotte Shopping had also been in the running, the Korea Economic Daily and other newspapers said, citing unnamed investment banking sources.
South Korea represents the world’s fourth largest e-commerce market. Driven by the coronavirus pandemic, e-commerce has soared to account for 35.8% of the retail market in 2020 compared with 28.6% in 2019, according to Euromonitor data.
Shinsegae and Naver formed a retail and e-commerce partnership in March by taking stakes worth 250 billion won in each other’s affiliates.
($1 = 1,117.7000 won)
(Reporting by Joyce Lee; Editing by Edwina Gibbs)
Canada launches long-awaited auction of 5G spectrum
The 3,500 MHz is a spectrum companies need to provide 5G, which requires more bandwidth to expand internet capabilities.The auction, initially scheduled for June 2020, is expected to take several weeks with Canadian government selling off 1,504 licenses in 172 service areas.
Smaller operators are going into the auction complaining that recent regulatory rulings have further tilted the scales in the favour of the country’s three biggest telecoms companies – BCE, Telus and Rogers Communications Inc – which together control around 90% of the market as a share of revenue.
Canadian mobile and internet consumers, meanwhile, have complained for years that their bills are among the world’s steepest. Prime Minister Justin Trudeau’s Liberal government has threatened to take action if the providers did not cut bills by 25%.
The last auction of the 600 MHz spectrum raised C$3.5 billion ($2.87 billion) for the government.
The companies have defended themselves, saying the prices they charge are falling.
Some 23 bidders including regional players such as Cogeco and Quebec’s Videotron are participating in the process. Shaw Communications did not apply to participate due to a $16 billion takeover bid from Rogers. Lawmakers and analysts have warned that market concentration will intensify if that acquisition proceeds.
In May, after Canada‘s telecoms regulator issued a ruling largely in favour of the big three on pricing for smaller companies’ access to broadband networks, internet service provider TekSavvy Inc withdrew from the auction, citing the decision.
Some experts say the government has been trying to level the playing field with its decision to set aside a proportion of spectrum in certain areas for smaller companies.
Gregory Taylor, a spectrum expert and associate professor at the University of Calgary, said he was pleased the government was auctioning off smaller geographic areas of coverage.
In previous auctions where the license covered whole provinces, “small providers could not participate because they could not hope to cover the range that was required in the license,” Taylor said.
Smaller geographic areas mean they have a better chance of fulfilling the requirements for the license, such as providing service to 90% of the population within five years of the issuance date.
The auction has no scheduled end date, although the federal ministry in charge of the spectrum auction has said winners would be announced within five days of bidding completion.
($1 = 1.2181 Canadian dollars)
(Reporting by Moira Warburton in Vancouver; Editing by David Gregorio)
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