Xiaomi, which became the largest Chinese smartphone vendor, has recently made major changes in the executive body as its market declines. In his internal letter (via Financial Times), Lei Jun noted that the company is “currently facing many difficulties.”
As Xiaomi sees a decline in sales and profits due to China’s Covid-19 disruption, it has changed its top management for recovery. The current President Wang Xiang, and two co-founders, Hong Feng and Wang Chuan will step down from daily operations.
In the place of Wang Xiang, Lu Weibing will take the position of President, who joined Xiaomi about three years back to lead Redmi. As reported, the changes are happening because of three consecutive quarters of falling revenues and profits.
Xiaomi’s fourth-quarter results could be worse than expected, said Li Chengdong, founder of a Beijing-based consultancy.
Samsung should take note
Similar to Xiaomi, the market condition of Samsung is not going so well! The company has recently changed its strategy to rival Apple, after seeing unprecedented competition from iPhones. Samsung, so far, launched a number of foldable phones, but iPhone buyers still don’t care.
The South Korean tech giant has reportedly shifted its focus on the premium smartphone segment. To further cement the new working strategy, the company also canceled two unnecessary smartphones namely the Galaxy S22 FE and Galaxy A74.
TrendForce predicts that Xiaomi would lose market share in global smartphone sales in the three months to December, as China’s economic outlook for 2022 darkened. Samsung’s share is also expected to go down due to the insane demand for the iPhone 14 series.
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Phones will be banned in schools across New Zealand
New Zealand’s new Prime Minister Christopher Luxon announced that he would promote the ban on phones in primary and secondary schools across the country. This initiative aims to improve the quality of education for primary and secondary school students in New Zealand.
According to New Zealand education sources, the literacy skills of New Zealand primary and secondary school students have been declining in the past few years, and have even reached a “crisis” level. Over 1/3rd of the country’s 15-year-old students have poor literacy levels, which has aroused concern from all walks of life.
In order to solve this problem, New Zealand’s new Prime Minister Lacson decided to take action. Within 100 days after taking office, he push for the ban on mobile phones in primary and secondary schools across the country to reduce students’ distractions so they could concentrate on class.
Nintendo may use Samsung OLED display on its new console
Nintendo is in talks with Samsung Display for supply of the next-generation OLED panels, following Valve’s SteamDeck. Both companies initially considered China’s BOE as a supplier but changed way to Samsung due to the burden of the risk arising from the patent infringement lawsuit.
According to the report, Japan’s Nintendo is known to have requested the supply of OLED panels from Samsung Display, following Valve. These companies negotiated with China’s BOE to lower device prices, but it is said that they chose Samsung Display panels.
In June 2022, Samsung Display filed a patent infringement lawsuit against China’s BOE in the U.S. District Court for the Eastern District of Texas. The technology that Samsung Display claims to be infringing on is five OLED display patents for all products released after the iPhone 12.
Last December, Samsung Display filed a complaint with the ITC against 17 US parts wholesalers to keep BOE in check, asking the ITC to stop using parts and panels that infringe on the company’s ‘Diamond Pixel’.
Accordingly, BOE filed a countersuit in Chongqing’s First Intermediate People’s Court in May against Samsung Display China and Samsung Elec China, claiming patent infringement.
Snapdragon 8 Gen 4 to be made by TSMC, for Galaxy by Samsung
Similar to the Snapdragon 8 Gen 2, TSMC is exclusively producing Qualcomm’s latest Snapdragon 8 Gen 3 chipset. While the new processor has just started to debut with smartphones, a new leak suggests that TSMC will continue to produce Snapdragon 8 Gen 4, while Samsung orders shelved until 2025.
According to tipster Revegnus, Qualcomm will rely solely on TSMC for producing the 3nm-based Snapdragon 8 Gen 4 processor in 2024. The company has reportedly decided to bet on Taiwanese chip manufacturer again as it’s aiming to use custom Oryon CPU cores.
It’s worth noting that a dual chip sourcing strategy is still on the cards for 2025 when the Snapdragon 8 Gen 5 comes out, while the Snapdragon 8 Gen 4 for Galaxy will be produced at Samsung’s foundry 3GAP, reports Taiwan’s TechNews.
In a multi-core scenario, the Snapdragon 8 Gen 4 is said to surpass 10,000 points on Geekbench 6, while the Adreno 830 GPU offers the same level of power draw as the Snapdragon 8 Gen 2 while offering excellent performance gains. The whole SoC is rumored to consume just 8W.