Tag Archives: Global

UK and Canada lead global alliance against coal

The UK and Canada have launched a global alliance of 20 countries committed to phasing out coal for energy production. Members including France, Finland and Mexico, say they will end the use of coal before 2030. Ministers hope to have 50 countries signed up by the time of the next major UN conference in Poland next year. However some important ... Read More »

China’s used cars put a dent in global industry

Traffic in Taiyuan, China. The country’s used car market is poised for growth, meaning fewer sales of new cars for foreign manufacturers © Bloomberg China’s car market has been key to the recovery in global auto sales growth since 2009, as the chart below shows. Its passenger car sales in the first half of each year have risen threefold between ... Read More »

Nokia 6 Isn’t Being Sold in Flash Sales, It Just Sells Out That Fast, Clarifies HMD Global

Nokia 6, the comeback smartphone for Nokia, is selling like hot cakes in China. HMD Global, which owns rights to the Nokia brand, has now clarified that the Nokia 6 wasn’t being sold via JD.com following flash sales model. HMD Global wrote to Nokia Power User clarifying that the Nokia 6 is selling too quickly giving an impression that it ... Read More »

Samsung Galaxy C5 Pro Spotted Again on Wi-Fi Certification Site, Global Launch Imminent

The Samsung Galaxy C5 Pro has been spotted on several occasions, and now the smartphone has arrived again on a Wi-Fi certification site, hinting at an imminent arrival. However, this new certification comes with a different model number indicating that the smartphone may also see the light of the day outside of China. In December, the Samsung Galaxy C5 Pro ... Read More »

Hugo Barra, Xiaomi’s Global VP, Is Leaving the Company in February; Senior VP Xiang Wang to Lead Global Expansion Now

Hugo Barra, Xiaomi’s Global Vice President, is leaving the Chinese smartphone brand to return to Silicon Valley after a three and a half year stint at the company. He had been the face of the company and played a crucial role in Xiaomi’s growth as a prominent name in the highly competitive smartphone market. Before joining Xiaomi, Hugo Barra was ... Read More »

Commerce Minister Says India Aspires To Reach 3.5% Of Global Trade By 2020

Commerce Minister Nirmala Sitharaman said India’s share is 2% of total global trade. Commerce Minister Nirmala Sitharaman said India’s share is 2% of total global trade. New Delhi: Commerce Minister Nirmala Sitharaman on Saturday said that India should reach 3.5 per cent of total global trade by 2020 from its current share of two per cent. “Our share is 2 ... Read More »

Global 4G Smartphone Shipments to Grow Over 20 Percent in 2016: IDC

Worldwide 4G smartphones are expected to show double-digit uptake at 21.3 percent year-over-year growth for 2016, to reach 1.17 billion units, up from 967 million in 2015, a new report by market research firm International Data Corporation (IDC) said. Much of this growth is being driven by emerging markets like Asia-Pacific excluding Japan, Latin America, Central and Eastern Europe, and ... Read More »

LeEco Secures $600 Million in New Funding for Its Global, Electric Car Businesses

Chinese handset maker LeEco Tuesday said it has secured a $600 million funding from major Chinese institutional investors and has appointed Anthony Gao its president for Asia-Pacific region. “LeEco has secured $600 million (roughly Rs. 4,067 crores) of funding from major Chinese institutional investors today. The first half of the funding will be transferred to LeEco within this November and ... Read More »

Ericsson Sees Global Smartphone Subscriptions Almost Doubling by 2022

Global subscriptions for smartphones will almost double by 2022, helping mobile data traffic to eightfold, telecoms network gear maker Ericsson predicted on Tuesday. The Swedish company said it expected there will be 6.8 billion smartphone subscriptions globally by the end of 2022, up from 3.9 billion in 2016. In its previous forecast from June this year, Ericsson had said it ... Read More »

LG G5 Starts Receiving Android 7.0 Nougat Update; Global Rollout to Begin Soon

  LG ensured that it was the first company that offered Android 7.0 Nougat out-of-the-box with its LG V20 smartphone. Now, the company has shown further commitment to provide the latest version of Android as quickly as possible and has started rolling out the Android 7.0 Nougat update, starting with its home country South Korea, for LG G5 users. The ... Read More »