Huawei to launch cloud-computing smartphones

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

China's Huawei Technologies Co Ltd. will unveil cloud-computing mobile phones in an attempt to replicate its telecom gear success in the smartphone market. The company, known for its low costs, is betting its cloud-computing smartphones will help the firm grab market share from the likes of Apple Inc and Samsung Electronics, analysts say. Cloud computing refers to data and software stored on computer servers rather than individual PCs and accessed over the Internet. Cloud computing smartphones will allow users to download applications without needing much storage space on their devices.

Last month, China's Alibaba Group launched its first self-developed mobile operating system and smartphone running on its cloud computing-based operating system.

Huawei's devices division, which focuses on consumer products such as smartphones, tablets and wireless cards, contributed about 17 percent to total revenue. However, the company plans to boost its revenue in the consumer electronics space and aims to become the world's third largest cellphone maker within five years.

In July, Huawei Device executives said the firm aimed to ship 20 million smartphones this year, higher than a previous target of 12 million-15 million units. In June, Huawei unveiled its MediaPad, a 7-inch Android-based tablet computer in Singapore, and is also developing a 10-inch device to be launched this year. The privately-held company employs more than 110,000 people, about half of whom are based outside China.


For More Details See

www.varindia.com

Comments

Post a Comment

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

Image
The board of directors of Tata Sons, at its meeting has unanimously appointed N Chandrasekaran as executive chairman, Tata Sons. N Chandrasekaran shall take charge from February 21, 2017. The board of Tata Sons said, “Chandrasekaran has demonstrated exemplary leadership as the chief executive officer and managing director, Tata Consultancy Services. We believe he will now inspire the entire Tata group to realise its potential acting as leaders in their respective businesses, always in keeping with our value system and ethics and adhering with the practices of the Tata group which have stood it in good stead.” Chandrasekaran was the chief executive officer and managing director of Tata Consultancy Services since 2009. A Tata lifer, he had joined the company in 1987 and was appointed as a director on the board of Tata Sons on October 25, 2016.
Read more

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium

Image
Visa buys NFT based CryptoPunk and paid $150,000 in Etherium:  Leader in the digital payments   Visa   has purchased a digital CryptoPunk for $150,000, marking the company's first ever   NFT   purchase. The deal is clearly shows that, Visa is stepping into the world of NFTs with its purchase of   CryptoPunk 7610 .   Going forward, NFTs and Visa to align and integrate them in new brand strategy to gain a sizable market share. However, NFTs have often been compared to physical collectible items like rare trading cards and works of art.   The CryptoPunk 7610, which feBlatures a female punk with a mohawk and large green eyes. "We envision there could be a future where your crypto address becomes as important as your mailing address," Visa's Head of Crypto said.   An NFT - which stands for non-fungible token - is a unique digital asset designed to represent ownership of a virtual item. Unlike bitcoin and other cryptocurrencies, NFTs can’...
Read more

Prizm Payment Services changes its name to Hitachi Payment Services

Image
Hitachi Payment Services Pvt. Ltd has changed its corporate name from Prizm Payment Services Pvt. Ltd (“Prizm Payment Services”) to Hitachi Payment Services Pvt. Ltd (“Hitachi Payment Services”). “The new name reflects Hitachi’s commitment to business expansion in India, and to build a strong global financial payments offering leveraging the expertise of the Prizm Payment Services acquisition. Hitachi sees immediate potential to grow in the Asian subcontinent markets with the epicentre of growth being India, and migrate into other markets. Also, the name change will have no change on Prizm Payment Services’ operations,” said Loney Antony, Managing Director, Hitachi Payment Services. “Hitachi had acquired Prizm Payment Services with the aim of accelerating global development of IT services businesses targeting financial institutions, particularly in the fast-growing Asian region, and the company has been the gateway of entering into the services business in India for Hitachi. We ...
Read more